C(Ynpany registration number-. NI606282 Charity re8lStration nwnber.. 101320 KILLEAN PLAYGROUP LIMITED (A company limited by guarant) Annual Report and Financial Statements for the Year Ended 31 Au8USt 2025 SP McKeoMD & Co Ltd Chartered Ccrtified Accountants, Registered Auditors & TaK Advisors 5 Lower CatheTine Street Newry Co Dowi BT35 6BE
KILLEAN PLAYGROUP LIMITED Contents Reference and Administrativ¢ D¢tails Strategic Report Trustces, R¢port 3to4 Independent Examinevs Report Slatement of Financial Activities Balance Sheet Siatcment of Cash Flows Noies to the Financial Statements 9t017
KILLEAN PLA YGROUP LIMITED Reference and Administrativ¢ Details Charity Registration Number 101320 Comp4ny Regislratlon Number N1606282 The Charity is incorporated in Northern Ireland. 2 Kellys Road Killean Newry Co Down BT35 8RY Registered OlCe Independent Examiner SP McKeown & Co Ltd Chartered Certified AountantS, Registered Audiiors & Tax Advisors 5 Lower Catherine Street New Co Down BT35 6BE Bankers Danske Bank Newry 58 Hill SITeei Newry 8T34 IBD Page I
KILLEAN PLAYGROUP LIMITED Strategic Report for the Year Ended 31 August 2025 The trustees. who are directOTS for the purposes of company law. present their strategic report for the year ended 31 August 2025. in compliance with s414C of the Compani¢5 Aa 2006. FRnan¢ial revltw Poliry on reserves In line with recommended practice from the Charity Commisson for Northem Ireland, the playgroup ha5 established a rescTves policy to ensure ihe stability of the mission, programme. employment and ongoing perations of the organisatton. The large¢ minimum reserve fund has been id¢ntifi¢d a5 £60,000 which cnsure5 thal the core activity of K&llean Playgroup Ltd could continu¢ during a period of unforeseen diLficulty in relation to th¢ salarics, day to day running and in the evenl of redllndancies. A proportion of these rtservc5 have to be maintained in a readily realisable form. Fundraising will continue on a year to year basis. The stratege report was approved by the tStee$ of the charity ot) 24 June 2026 and signed on it5 behalf by- Mrs Paulin¢ Dowdall Trustee Collette King 'l-ru5tee Pa8e 2
KILLEAN PLA YGROUP LIMITED Trust¢es' Report The trustees, who are directors for the purposes of company law, present the annual report together with the fjnancial statetnenis and auditors. report of the charitable company for the year ended 31 August 2025. Obltetives And actÉvities As per ihe constituiion, the company's obje¢iives and activitie5 are specifically restrict to the following.. to promote play based learnit]8 environmcnts for all children under statutory school age (hereinaftcr referred to as the b¢n¢ficiariesl of Killean and it5 Surrounding greater waid area Ihcreinafter called the 'area of benefit") wirhout distinctioD of age, gender, marital statu5. disability, scxual OTientation, nationality. ethnic id¢ntily. poliii¢al or rcligious opinion, by associating ihe Statutory authorities. community and volllntary organisatiOn5 and the inhabitants in a common effort to advanGe education, and in particular. lal to advance the education of the bcnefi¢iaries by the PTQV15ion of safe and 5atI5fying group play. with the right of parenlslcarers to take responsibility foT and to become involved in the activities of the group and to promote the preservation ofhealth of the beneficiaries,. {b) to support the vision atjd values of Early Years- Ihe organisation for young children Ihereinafter called'Farly Years,)., (G) to advance any other exclusively ¢haritable purpo$¢ a5 the dirtttors tnay. from time to time. decide in accordance with the law ofcharity. The playgroup is open Monday to Friday 9.00 10 12.30 and employs a number of qualified staff. It provides a facility where the childrcn catt learn in a safe and 5tiTnulatin8 enviroRmellt at their pace. The playgroup works io provide the pre-school curriculum and is proud to have been recognised by Early Years with an Accrediation. In setting tsur objectives and planning our activiti¢s foi the year the trustees have given careful consideration to the Charity Commission for Northcrn Treland's guidance on public benefit lo ensure that the activitlcs have helped to achi¢ve the cliarity's putposes and provide a benefit 10 ihe beneficiaries. Going toncern Manage¢t have considered a period of at least 12 month5 from the date of approval of these financial %tsi¢ments as part of their assE55nient of the 8PPTOPTiatelle5s of ihe going concern assumption, and have concluded that the going concern ba5i5 is appropriate. Trustets ¥tnd o(fieers The trustees and officers serving duTing thc year and since the year end were as follows.. Truste¢s'. Mr% Pauline Dowdall Mrs FionJuala ONeill Collctte King Mr Palrirk Mc Namee (resigned 12 March 2026) Disclosure of information to auditor Each tTUStce has taken 5tep5 that they ou¥ht to have tsken as a irustee in order to make themsclves awar¢ of any relevant audit information and to establish that the ¢hiirity'5 auditor is aware of that informotion. The trustees confirm that there is no rel¢vant inforniation that they know of and of which they know the audiior is unaware. Page 3
KILLEAN PLAYGROUP LIMITED Trustees, R¢port The annual report was approved by the trust¢cs of the charity on 24 June 2026 and signed on its beha]f by: Mrs Paulin¢ Dowdall Trustee Collette KÉn8 Trustee Stru¢ture* governance avd managtment org1slI0nOl slruclure Killean Playgroup is a ¢ompany limited by guarantee and accepted a5 ¢haritabl¢ by HMRC. The company is also a registered charity with The Charity Commission for Northern Treland undeT charity number 101320. The company was incorporated on 22nd February 2011. The company was established under a MeTnorandum of Association which established the objects and powers of thc company, and is govcmcd by its Article5 of Association. The liability of the members 15 lirnited in that every memlxr of th¢ company undertakes to ¢ontribute and amouni llot ¢xc¢edit]g £1 in the evetlt of the company being wound up. Reriuitment dnd Appointment of Directors The charity trustees are 21so directors of the company. Patrick McN8Jnee resigned a5 director during th year this was th¢ only ¢hange durirtg th¢ p¢riod. Organisation Siructure The Board consists of fouT Trustees who administer the playgroup and meet monthly. The Board has appointed Playgroup L¢adeT to rnanagc the day-to-day o]Krations of the Playgroup. The Playgroup Icadcr ha5 dclcgated authority. within ttTtns of delegated approval, for operational mattcrs including staff supervisiot]. delivery of Playgroup a¢tivities and budgetary management. Th¢ Pl8ygroup is affiliated to the Early Years organisation and works very closely with their Early Years Specialist to ensuT¢ that Staff are upto-date with poli¢y and praLti¢¢ wiihin the sector. Staff also undertake regular training. Page 4
KILLEAN PLAYGROUP LIMITED Independent Examiner's Report to the trustees of KILLEAN PLA YGROUP LIMITED ('the Company,) l Ttport to the charity trustes on my exajninaiion of the accounts of the Company for ihe year etkded 31 August 2025. Responsibilities bASiS of report As the charity's tru5te¢s of KILLEAN PLA YGROUP LIMITED (and also its dir¢ctors for the purpose5 of company lawl yoll are responssble for ihe prepardtion of the accounts in accoTdance wilh the requirements of the Companie5 Act 20061'the 2006 Act,). Having satisfied mys¢lf that the accounts of KILLEAN PLA YGROUP LFMITED are not required to be audited under Part 16 of the 2006 Act and are eligible for tndepeiidenl examillatiott. it is my responsibility to.. examinc the atcounts under section 65 of th¢ Charities Act (Northern Ireland) 2008,. to follow the procedures laid down in the general Ditections given by ihe Charily Commission for Northern Ireland under section 65(9llbl of the Charitl¢s Act; and to slate whether particular matters have come to my attention. I have examined your chariry's accounts as required under section 65 of the Charities Act and rny examination was carried out in accordance with the gencral Directions given by the Charity Commission for NoriheTn Ireland under section 65{9llb} of the Charities Act. The examination included a revicw of the accounting records kept by the charity and a compari50n of th¢ accounts PTesented with those records. It also includes consideration of any unusual items or dis¢losures in the accounts. and seeking explaTVdtions from you as charity trustttS conteTnin8 any such matters. Independent exarniDer's statement I have completed my examinatiotj. I confirm that llo maiters have Come to my attention in connection with the examination giving me cause to believe.. l. aceounting records were not kept in respect of KILLEAN PLA YGROUP LIMITED as required by s¢ction 386 ofthe 2006 Act., or 2. the accounts do not accord with thos¢ records. or 3. the accounts dts not comply with the accounttng requirements of section 396 of the 2006 Act other than any requiretnent that the accounts give a'ttwe and fair view, which is TLOt a matter Considered as part of an independent examination. or 4. the accounts have not been Prepared irt aCCOTdance with the methods and principles of lh¢ Statement of R¢commettded Practice for acxounting and reporting by charities lapplicable to Charities preparing their accounts in accordatlce with ihe Financial Reporting Standard applicable in the UK end Republi¢ of Ireland (FRS 10211. I have no conc¢rn5 and have come across no other matter5 in connection with the examination to which attentloll should be dTawn in this report in order to enable a proper understanding of the accounts to be reached. Shane M¢ K¢oH BA114onsl FCCA Chartered Certified Accountants. Registered Auditors & Tax Advisors 5 Lower Catherine Streei N¢wry Co Dow) BT35 6BE 24 June 2026 Page 5
KILLEAN PLAYGROUP LIMITED Statement of Financial Activities for the Year Ended 31 August 2025 (Including Incotne and Expenditure Aceount and St*tement of Total Recognised Gains and Losses) Unrestricted funds Restricted funds Total 2025 Note llltome and F.lldowment5 frorn: Dondlions and legacies Investment income 20,991 691 87,161 108,152 691 Total income 21,682 87.161 108,843 Expertditure OD: Raising funds Charitsble a¢tivities (2791 27,484 (279) (92,395 64.911 Total expenditUTe 127.763) 164.911) 192,6741 Net {expenditure)lincome Net mtsvement in funds 16,081) 22,250 16,169 16,0811 22,250 16.169 Reconciliation of funds Total funds brou8ht fonYaTd Totsl funds rrIed fonvard 8,814 26.624 35,438 15 2,733 Unrestrlcted fund5 48,874 Restricted runds 51,607 Total 2024 Note lthtome and Endowments from.. Donation5 and legscies lllve5tment irtcome 10,960 120 55,443 66,403 120 Total income 11,080 55,443 66,523 Expenditur¢ on: Raising funds Charitable activitie$ {601 115,479) {60} 160,6171 (45.138 I"otal expenditure 115,539) {45,1381 160,6771 Net {expenditurellineome Net tnovetnertt in funds {4,4591 10,305 5,846 14,4591 10,305 5,846 RetontÉliAtion offunds Total funds brought forward 13.273 16.319 29,592 Totsl funds carried fonvard l5 8,814 26,624 35.438 All of the charity's activities deriv¢ from continuing operations during the above two periods. The futJds breakdown for 2024 is showtt in note 15. The notes on pages 9 to 17 foTtn an integral part of these fjnancial stat¢Ttketts. Pag¢ 6
KILLEAN PLAYGROUP LIMITED (Registration nujnber: N1606282) Balance Sheet as at 31 August 2025 2025 2024 Note Flxed a58ets Tangible assets 10 598 537 Current #5$et5 Debtors C&sh at bank in hand 714 120,739 144 103.754 12 121,453 103.898 Creditor5: Amounts fAlling due within ont year Net Current assets 13 {2.8371 (1,3901 102,508 Total assets less ¢urrent li2bilities 119,214 103,045 Creditors: Amounts falling due after more than one year Net a55ets 14 167,607) 167,607 51,607 35,438 Funds of the ehArity: Rtstrieted income funds Restricted funds 48,874 26.624 Unre$tritted intome funds Unrestri¢td funds 1733 8,814 Total funds 15 51,607 35,438 For fjrwjcial year etlding 31 August 2(>25 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating io small companies. Direciors, responsibilities.. The members have not required ihe charity to obtatn an audit of its a¢¢ounts for the year in question in a¢¢oTdance wilh section 476; and The dire¢ioTS acknowledge their responsibilit1¢5 for complying with the requirements of the Act with sPeCt to ac¢ounting records and the preparation of accounts. The fjnattcial statcments on page5 6 to 17 were approved by the tTU5tee5, and aulhorised for issue on 24 June 2026 and 5ign¢d on their behalf by.. MTS Pauline Dowdall Trustee Collette King Trustee The notes on pages 9 to 17 form an integral part of these financial statements. Page 7
KILLEAN PLAYGROUP LIMITED Statement of Cash Flows for the Year Ended 31 August 2025 2025 2024 Nott Cash flows from operating activitie5 Net cash income 16,169 5.846 Adju5tm¢llt$ to cash flows from non-cAsh iten Depreciaiion Invesimenr income 149 (691) 134 {1201 15.627 5,860 Ivorking tapital adjustrnent5 Ilncreasclldccrcase in debtors Increase in credito {570) 1,447 95 95 13 Net cash flows frotn opeiaiing activities 16,504 6.050 Cash now$ from investing activitie5 Interest rcccivablc and Similar income Purchase of tangible fixed a5S¢t5 691 1210 120 13301 io Net cash flows from investing activities 481 1210) Net increase in cash and cash equivalents 16,985 5,840 Cash and cash ¢quival¢nts at I September 103,754 97,914 Cash and cash equivalents at 31 August 120.739 103.754 All of the cash flow5 aT¢ d¢Tived frotn continuing operatiOll5 during the above two periods. The noies on pages 9 to 17 form an integral part of these financial statements. Pagc 8
KILLEAN PLAYGROUP LIMITED Notes to the Finaneial Statements for the Year Ended 31 August 2025 ChArity status The ¢harity is a chaTity private company limited by guarantee and consequently does not have share capital. Each of the tnjstees is liable to contribute an amount not excc¢ding £1 towards the &ss¢ts of the charity in the event of liquidation. The charity is registered in Orthem Ireland. Th¢ address of its Tegistered offjce is: 2 Kellys Road Killean Newry Co Dowi BT35 8RY These financial ststetnenÉ5 were authorised for issue by the trustees on 24 June 2026. 2 Aetounttng policies Summ9ry of Signifiegnt 2e¢ounting policies kty accounting estimates The principal accounting policies applied in the preparation of th¢5e financial statctn¢nl$ are set out below. These policies have been consistrntly applied to all the years piesented. unless otherwise slated. Statement of eompliance These financial slatctn¢nts have been prepared in accordance FRS102, The Financial Reporting Standaid appli¢able in thc UK and the Republic of Ireland,, the Statement of Recommended Practice applicable 10 charities preparing their accounts in a¢¢ordancc with the Financial Reporting Standard applicable in the UK and Republic of Lreland IFRS102) (Charities SORP (FRS10211, thc Charities Act (Northern Irclandl 2008 and Companie5 Aci 2006. Basis of preparatlort KILLEAN PLAYGROUP LIMITED meets the definition of a publi¢ benefit entity undcr FRS 102. Assets and liabilities are inilially Tecognised ai historical cost or transaction value unless Otherwise stated in th¢ r¢l¢vant accounting policy DOI¢S. Going concern The 1ruste0 consider that there are no material uncertainties aboui the ¢harity'S ability to continue as a going Concern nor any significant areas of unccrLqinty that affect the carrying value of assets held by ihe chaTity. Income endowment5 All income is recognised on¢e the charity has entitl¢meni to the income. it is probable thai ihe income will be received ar the amollnt of the itlcome receivable can be measured reliably. Page 9
KILLEAN PLAYGROUP LIMITED Notes to the Financial Statements for the Year Ended 31 August 2025 Donoilons ahd legacies Donations are recognised wh¢n ihe charity has been llotified in Mryiting of both the amount and settlement date. In the event that a donatiott is subjett to ¢onditlQll5 that require a level of perforniance by the chariry before the Charity is entitled to the funds, th¢ iDCOme is deferred and not rccognised until either those condi¢ion5 are fully met, oy the fvlfilment of those conditions is wholly within the control of the chartty and it is probable that these conditions will be fulfilled irt the reporting period. Legacy sifts are recognised on a us¢ by case basis following the grant of probate when the 8dministratorlexecutor for the estate has communicated in writing both the amount and settlement date. Irt the event that the gift is in the form of an asset other than ¢ash or a financial asset traded on a recognised stock exchange. recognition is subject to the value of the gift being reliably measurable with d degree of teasonable a¢ruTacy and the title to the asset having been iransferred to the Charity. Grunis reeelvtsble Grants are recognised wh¢n the charity ha5 an entitlement to the fijnds and any ¢onditio]]s linked to the granis have been tnet. Where performance conditions are 4ttach¢d to th¢ grant and are >'et to be met, the income is recogrtised as a liability and included on the balance sheet as deferred incom¢ to be released. Divid¢nds are Tecognised once th¢ dividend has been declared and notification has beett r¢¢eived of the dLVLdend due. Expenditure All expcnditure is recognised once there 15 a legal or constructive obltgation to that expcnditure, it is probable settlement is required and the amount Can be measurcd reliably. All cost5 are allocaied to the applicable expellditur¢ heading thai aggregate sitnilar costs to that category. Where costs cannot be dire¢rly attributed to particular headin8S they have been allocated on a basis consistent with ihe u5¢ of resources, with cetttral staff costs allocated on the basis of time spent, and depreciation charges alloc2t¢d on the porlion of the asset's us¢. Other support Costs are allocated based on the spread of Staff cost5. Raisingfunds These are costs incurred in attracting voluntary income, Ihe management of invesknents and those incurred in trading activities that raise funds. Chllritttble aciivities Charitable expenditure comprises those costs incurred by the charity in the delivery of its aciiviiies and 5¢Tvices for its beneficiari¢5. It includes both c05t5 that Gan be allocat¢d directly to such activities and those costs of an indirect nature necessary to support them. Support e05t5 Support Costs include tentral functions and have been 211o¢a¢td to activity cost categories on a basis ¢onsisient with thc use of resourc¢s, for example. allwating property c05t5 by floor areas, or per Capita, staff costs by the time spent and other cost5 by their usage. Covernanee e05ts These includc the costs attributable to the charity's compliance with constitutional and statutory requir¢ments. including audit, strategic manageTnent and trusteeg meeting5 and rcimbursed expen5¢S. Page 10
KILLEAN PLAYGROUP LIMITED Notes to the Financial Statements for the Year Ended 31 August 2025 Government grAnts Government grants are recognised based 00 the accrual model and ar¢ measured at the fair va]ue of the asset received or receivable. Grants are classified as relating cither to revenue or to assets. Giant5 relating to revertue are recognised in income over the period in which the related costs are recognised. GTants relating to assets are Tecognised over th¢ expected useful lifE of the asset. Where part of a grant relating fo an asset is deferred. it is Te¢ognised as def¢rr¢d income. Taxgtion 'rhe charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Fin2n¢¢ Acr 201 O and therefore it meets the dcfinition of a charitable company for UK corporation tax purposes. Accordingly. the charity is potentially exempt fToni taxatiot) in respect of income or Capital gains received within categories Covered by Chapter 3 Part I l of the c.orporation Tax Act 2010 or Section 256 of the Taxation of Char8eable Gain5 Act 1992, to the extent that such inco¢ or gains are applied txclusively to charitable purposes. T*ngible fixed asstt5 Individual fixed èssets costing £1 00.00 or Tnore are initially rccorded at cost, less any substqu¢Dt accumulated dept¢ciation and subsequent accumulared impairnient losses. Deprecigtion and amortlSAtio Depreciation is provided on tangible fixed asset5 50 as to write off the cost or valuation, less any e5titnated residual value, over their expected us¢ful economic life &s follows: Asset cl9$$ Plant and machinery Depreciation method and rate 20Vv Tedu¢ing balance basis Trade debtors Trade debtors are a]nounts due from Customers for merchandise sold or services performed in the ordinary ourse of business. Trade debtors are re¢ognised snitially at the transaciion price. They are subseqyenlly measured at amortised tost U5Lng the effective inieTe5t method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence ihat the charil), will not be able to collect all amounts due 8¢cording to the original temis ofthe receivables. Cash and cash equivalents Cash and ¢ash equivalcnts comprise cash on hand and call deposits. and tsther short-term highly liquid investmcnts that are readily convertible to a known amount of cash and 5ubj¢ct to an insignificant risk or change in va]ue. Pagell
KILLEAN PLAYGROUP LIMITED Notes to the Financial Statements for the Year Ended 31 August 2025 Borrowings Inierest-bearing borrowings are initially recorded at fair value. net of transaction ¢osts. Interest-bearing boTrowings are 5ub5¢qu¢ntly carrid at amortised cost, with the difference between the PTOteeds. net of tTansaclion costs. and the arnount due on redemption bein8 recognised as a charge to the Sia¢ement of Financial Aciiviiies over the period ofihe relevant borrowing. lllieresi expense is recognised on the basis of the efftIVe interest method and is included in interest payable and similar charges. Borrowing5 aTe Gla5sifid a5 current liabilities unles5 the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date. Foreign exehan%e Transaulivns In furei¥n curtencigs are recorded at th¢ rét¢ of exchange at the dale of the transaaion. Monetary assets and liabilities d¢nominat¢d in foreign currencies at the balance sheet date r¢port¢d at the rates of exchange prevailing ai ihat dale. The re5uIt5 of overseas operations are translated at the average rates of exchange during the period and their balance 5heet5 at the rates ruling at the balance sheet dale. Exchange diffeTence5 arising on translation of the opening net 5¢tS and results of oversc&s operations are reported in other comprehensive income and accumulatcd in equity (attributed to non-controlling interests a5 appropriatel. Other exchan8¢ differences are recognised in the Statement of Financial Aciivtties in the period in which they aris¢ except for.. 11 exchange differences on transa¢tions entered into to hedge certain foreign currency risks (see above). 21 exchange differences arising oti gains or losse5 on non-monetary items which are recobmised in other omprehensive income. and 31 in the case of the consolidated financial statements, ex¢hallge differences on rnonetary items receivable from or payablc to a foreign operation for which settlement Is ncither planned nor likely to OCCUT (therefore forming part of the nei investment in the foreign operation). which are re¢ognised in other comprthensivc income and reported under equity. nd structure Unresiricted ittcome fllnds are general futlds that are available for use at the trustees discretion in nhern¢¢ of the objecttves of the charity. Restricted incorne funds are those donated for use in a particular ar¢a or for specific purposes. the use of which is restrict¢d to that area or purpose. 3 Ineome from charitable activities Page 12
KILLEAN PLAYGROUP LIMITED Notes to th¢ Financial Statements for the Year Ended 31 August 2025 Unre5tri¢ted futhds General Restrkited Total fund5 FundraisÉng Playgroup Fees SELB Grants Unifonm sales 10.548 9,799 10,548 9,799 87,161 645 87,161 645 Total for 2025 20,992 87,161 108,153 Total for 2024 10,960 55.443 66,403 4 lrtve5tment in¢ome Unrestrleted fund$ General Total fund5 Inierest receivable and similar in¢ome' Interest receivable on bank deposits Total for 2025 691 691 691 691 Total for 2024 120 120 5 Expenditure om eharitable attlvities Unrestrleted runds G¢n¢rpl Restricted fllttds TotAI funds Note 25,379 395 ,710 25,379 65,306 1,710 Staff costs Governance costs 64,911 Total for 2025 27,484 64,911 92,395 Total ftsr 2024 15,479 45.138 60,617 Unrestritted funds Gener81 Restricted funds Other funds Total 2025 Total 2024 Charitable activites 25,774 64,911 1,990 92,675 60,677 Page 13
KILLEAN PLAYGROUP LIMITED Notes to the Financial Statements for the Year Ended 31 August 2025 Activity undertaken dir¢ctly Grant funding of Bctivity Total e%peJ]diture Charitable activity 25,774 64,911 90,685 Tvt*l fvr 2024 13,994 45.138 59.132 6 Trustees remuneratlon and expenses No trustees, nor any persons Connected with them, have received any remutL¢ration from the charity during the ycar. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. 7 Staff eosts The aggTegat¢ payroll costs were as follows.. 2025 2024 StAff costs during the year were: Wages and salltiies Pension costs Other staff c05tS 64,045 896 365 41,385 939 65.306 42.324 The monthly aver¢ numb¢T of persotL5 {including senior management I leadership ieam) employed by the charity duTing the year expressed a5 full time equivalcnts was as follows: 2025 2024 No Average number ofemployees No ¢tnployee receiv emoluments of more than £60,000 during the year. 8 Independent eyaminer'$ remuneratio 2025 2024 Examination of the financial statements 1.710 1,485 Pag¢ 14
KILLEAN PLAYGROUP LIMITF,D Notes to the Financial Statements for the Year Ended 31 August 2025 9 TgxAtion The charity is a registeTed charity and is therefore exempt from tlxation. 10 Tangible fixed as5et$ Furniture and equipmeDt Total Cost At I September 2024 Additions 1.930 210 1.930 210 At 31 August 2025 2,140 2,140 Depreclatlon At I September 2024 Charge for the year 1,393 149 1.393 149 At 31 August 2025 1,542 ,542 Net book value At 31 August 2025 598 598 At 31 Au8USt 2024 537 537 11 Debtors 2025 2024 Oth¢r debtors 714 144 12 Cfish and cash equivalents 2025 2024 Cash at bank 120.739 103,754 13 Creditors: amounts f*lling due within on¢ year 2024 Other ¢reditors Accru$ 1,287 1,550 1,390 2,837 1,390 Page 15
KILLEAN PLAYGROUP LIMITED Notss to the Financial Statements for the Year Ended 31 August 2025 14 Credktors: Amount5 falling due after (bne year 2025 2024 Other loan5 67.607 67.607 15 Funds Bglgnee at I September 2024 IntorniDg re50urte5 Resourtes expended Balance at 31 August 2025 Unre$trÉcted fund5 General 8,814 21.682 (27,763) 2,733 Restricted funds 26,624 87,161 (64,911) 48.874 Total fund5 35,438 108,843 92,674 51.607 Balance At I Sept¢mb¢r 2023 Intoming re50urte5 Resourtes expended BalAn¢¢ 4t 3A August 2024 Unrestrtcted funds GeneTal 13,273 11.080 (15,539) 8,814 Restri¢t¢d fund$ 16,319 55.443 {45,1381 26,624 'rotal fund5 29,592 66.523 (60.677 35,438 16 Analysts of net 2$$¢ts between fuDd5 Unrestricled funds General Total funds at 31 August 2025 Rutrieted funds Tangible fjxed assets Current assets Current liabilities Credilors over l year Total net assets 598 120,525 11.5501 167.607) 598 121.453 11.550) 167.607) 928 51.966 928 Pag¢ 16
KILLEAN PLAYGROUP LIMITED Iyotes to the Finaneial Statements for the Year Ended 31 August 2025 Unrestricted funds General Total funds st 31 August 2024 Restrldcd funds Tangible fixed assets uryent assets 537 101933 11,3901 167.6071 537 103,898 (1.3901 167,607 965 Current liabilities CTeditors over l year Total net assets 34,473 965 35.438 17 Related pirty trAnsaetlons During the yedr the charity nde the following r¢lated party transa¢tion5'. Killean Playgroup (Ktllean Playgroup Limitcd took over the trade of Killean playgroup lunin¢orporaled entity). Killeall Playgroup loaned an amount of £67,606.93 to the limited company. This dcbt is not secured) At the balance sheet date the amount due to Killean Playgroup was £67,607 (2024- £67,607). Page 17