Company r•gistration number: N1059206 Tiny Tots Cross Community Playgroup Company limited by guarantee Unaudited financial statements 31 May 2023 riny Tt VerffI￿ the accuracy or (x)rttpletenes5 of the arcounting cords or Information and exPl￿at￿)r$S yw trkqve gtven to us arKI w8 do rK)I, ttrwefore, express any opinion on tfrE statutory finanaal statements. Gerard O'Brien & Co Accountants 1 The Market Pi Dèrrylin EnrT15killen Co. FerrnaThggh BT92 9AN 21 F8tKugry 2024 Page 3 riny Tots Cross Community plaY￿Oup Company limited by guarantee ststement of comrKehensive incrrne Year ended 31 May 2023 2023 2022 Not• Tumov•r Cost of sales Administrative expenses 62.877 151,2461 147,6721 Operating Ilossywofit (7.4￿} 15.205 Other interest feceivable aThJ simiFar inC£￿e ILos$Vprofit before taxation 17,3841 15,205 Tax on Ilossllprofit (Lossvprofit for th8 financial yèar and totat coMp￿hen$1ve income 17.3841 15,205 All activities of the company are frcffl o)ntinuiThJ owatiOn5. Thè notes on pages 7 to 10 forni part of the59 financial statoments. Page 4 Tiny Tots Crnss Comrnunity Playgroup Company Ilmited by guarantee SLitement of financial position 31 May 2023 2023 2022 Fixgd aS￿ts Tangible assets 43.2&3 44.079 43.253 44.079 Current assets Debtors Cash at bank and in hand 18,S)9 s1,C￿5 51,0&5 55,473 Creditors: amounts falllng due within ¢mè year 12,8361 16661 Net current a55ets 48.249 s4.￿7 Total assets less current liabrlities 91,502 98,886 Net assets 91.5 98.886 Capital and reserves Profil and loss account 91,S)2 Mgrnbgrs funds 91,502 98,886 For the year erKling 31 May 2(Y23 the t￿mpary was entrtled to exe￿p1th from audrt un(kn secticx) 4T7 of the Companies Act 20CE relaling to small companies. Direclors responsibilities.. The mernbers have not wuired company to obtain ￿ ￿drt of tts finarcial stalements the year in question in ac£ordance with section 476." The directors acknowledge ￿$￿nsibIlrt￿S ￿ canptyiThJ wrfh the r￿UIrementS of the Act with resFect to accounting records the preparatton of financial statements. Thèsa financydl statements have teen prepared in ￿0)rda[￿e with the KWVigi(ms appl￿￿9 to c(xnpanies subjéct lo the small ctsmpanies. regime and In accord&r￿ with S￿lan 1A of FRS 102 'Th8 Finarri81 Reporting Standard applicab￿ in UK and RepublK of lie1a￿l. The notes on pages 7 to 10 fomi part of these financial statements. Page S riny Tots Cross C¢)mmunity Playgroup Company limited by guarantee Statement of financial position {continued) 31 May 2023 These financial Stat￿entS wére ap1￿0ved by Ihe toard cl directcys aThJ auIhc￿Sed for ISS￿ on 21 February 2024, arKI are signed on behaw of the board by.. Ms Donna Kelly Dirèctor Ms Kerri QUKJ Director COrnp￿y registratiC￿ rvJmbÉr. N10592C6 The notès <>n pages 7 to 10 fonn part of these financlal statements. Page 6 Tlny Tots Cross Community Playgroup Carnpany limited by warantee Notes lo the financial statemants Year ended 31 May 2023 General informali<)n The company is a wivate compary limited by guarantee, register&Y in Northwn Ireland. The address of the registered Offi￿ is Tiny Tots Cictss Communty Playgroup, Mullymesker, Amey, Enniskillen. Fèm>anagh. BT92 2AB. Statement of compliance These financial 5ts1em¢nts have bccp prq)arcd rotnplianee with the provisions of FRS 102. Sethiott IA. The Financial ReFM)rtin¥ Standard 4)plicable in the LtK and liyblicof Ire]8(td'. A¢¢ounting policies Basis of preparation Thé financial statements have t*en prepared ￿ trE historical cost basis. as modified by the revaluation of c8rtain financial assets aryj liabilr(￿S aThJ Investment kyopertjes Measur￿ at fair value t￿oUgh profit or k)ss The financial statemenls are wepared in stedirg, whjch is the furKtK)nal wrrency of tho enlty. Turnover Tumovw is measwed at the fair valLE of consideratK)n rw£ived or re￿1vable ft)r goods SUFplied and services rendered, net of discounts and Value Added Tax. Revenue from the Sale of gooxls is r￿gnised when 5wJnrfunt risks and rèwards of own8rship havè transferred to the buyer (Us￿11Y on despatth of the goods). amount ol revenue can be measureot reliably,. it is probable that assoaated ecoTh)mic berEfits will flow to the entty", and the rxjsts inCurr￿j or to be incurred in respect of the transactions can be measured relkHbly. Taxatton The taxation expense rep￿sentS aggregale arncutt of crnt and deferred tax recognised in the reporting pwiod. Tax Is recognised in the statement of comFKehensive irmne. except to the extent that rt relates to recognised in other comprehensive inu)me or directly In capital and reserves. In thig ase, tax is recdognised in other (x)mprehensive inc(Kne or diredly in capital reserves. respectivèly. Current lax is recognised on taxab￿ profft fu ihe ojrrent arml past pèriods. Currènt lax Is tH8asur8d 8t the amounts of tax expect￿ lo pay ￿ recxjver using the tax rates and laws that havè enaded or substantively enacted at the reportiTrJ date. Deferred tax is recognised in resr*d of all timing drffererw at ttre rwtiTrJ date Unrelieved tax losses other deferred tax assets are re(x)gnised to the extent that it Is probable that they will be récovered against thè ièvèrsal of defèrred tax liabilities or other future taxable profits. Deferred tax is measured u51ng the tax rates law5 that have been enacted or substantively enacted by the raP￿ting date ttrpl are extE¢aed to 4)FAy to warsal of thé timirwJ drfference. Pay7 Tiny Tots Cross Community Playgroup Company limited by guarant8e Notes to the financial statements Icontinuedl Year ended 31 May 2023 Tangible assets Tangible assets are Inrt4ally recorded at O)St. and are wjbwuently at cost bss any a¢yxjmu￿t8d depreciation arKI impalmi￿t k)sses. Any tan¥ible as5ffl5 carried al rev￿Ued am￿JniS ate ￿ed ai fairvaiu¢ at the date of tevaluation le55 any bsequent acwmulat¢d depreciation aBd 5ub5qU•]t acrutnulated Itnwrn]ent losses. An irwse in the carrying amrxjnt of an asset as a of a revaluation. is reo)gnised in other cCVnp￿hensIve income arxj accumulated in (3prtal and resèFVeS. eX￿pt to the extent rt reverses a revaluation d6uèasÈ of the samè asset wèviously rÈcx)gniséd in profrt or loss. A decrease in the carrying amount of an asset as a result of r6valLAtion is rec(¥Jnised in other comprehensive income to the extent of any Previously fwised revaluation IrKxease *(JJmulated capital aThJ reservès in respect of that assei Vwwe a revaluation de(Yease ex¢eeds thÈ accumulated revaluation gains accumulated in caprtal and reseFves in resFect of that asset, the excess shall be recO￿lS93 in wofit or loss. Depreciation Depreciatw Is ￿1￿lIat￿l so as to vKite off the wst or ValUatK￿ cf an asset. ts résidual valu8. over the usèful economic lrfe of thal assel as folk)ws." there is ￿ indication Ihat there has been a signifiwt diange in Weciation ratè. usèfvl lrfe or 185idu81 value of tan￿ble assels. the depwialw is reviwl prosF￿￿VeIY to refiect the new e5tirnates. Impaimi•nt A review for indtcatc￿s of impaitment is (xrried out at eath reKX)rting date. with the recoverable amount being estimated where such Ind￿t0￿ exist. Where Car￿rg Val￿ exceeds the recoverable amount. the asset is impaired w)rdingty. Prior impairments we also reviewed for wssiblÈ révèrsal at each reporting date. h6n it is not posssbse to estimate the recoverable amount (* ￿ irKINidual asset. an esb"mal8 is ma of the recoverable amount of tre cash-generatirvJ unit lo whth asset bekjngs. Th8 c2sh%enerating unit is the 5rrt8llest Identif18b￿ group of assets that ￿cIl#JeS Ihe asset and gerw*es cash Inflows that 8Te largely irKlependent of the cash infknvs from ots asseis cff gr¢)up5 of assel5. Page 8 riny Tots Cross Community Playgroup Company limited by guarantee Notes to the financial statements Icontinu8d) Y•ar ended 31 May 2023 Financial instrument5 A financial asset or a fIn￿CIal liabilty is recogrwd only whw thè company b￿Orn8$ a party to thè contractual provisions of the instrltmenl Basic finanaal instruments aré inrtially recognised at the transaction pri￿, unless the arrangement conslilLrtes a financing transacliM. whèrè it is recognised at thè p￿sent value of the future payments discounted at a market rale of Interest for a similar debt instrument Debt instrumwls ere subwuently measured at èmortised cost lthere Investrnents in non-convèrbblè wefere￿e sha￿$ and non-wttable Ordin￿ shares or preference sha￿$ are FKJb1￿lY tradèd or their fair Val￿ can othe￿1$￿ be measured reliably, the Investment is subseqLEnlly measur8d at fair value wrth changes in fair value recognised in profrt or bss. All other such nvestments we subsequentty m&3￿r*I ai cost less impairment Other financial Instruments. indLMYing derivatNes. are inthally recogniséd at fair valu6. unless payment for Èn asset is deferred beyoThS n￿Mal ￿lsineSS terms or financed at 8 rate of Intefest that Is not a rnarket rate, in which (xse the asset is measured at the present value of Ihe future payments discounted al 8 rnatk&t rate of interest for a similar debt instrument. Other financial instruments ¥e subsewentty me85ured at fair valuè. wrth any changès racognised in profit or loss, wrth the exception of trEdging instrumenls in 8 designated I￿ging relationship. Finawial assets that are rH8agJred at cost or amortlsed cost are reviewed for objective evide￿ of impaimient al the erKI of each rep(*tirvJ date. If there is ot4'ective evidence of impaimient, an impaimient loss is recognised in profit or1055 immediate￿. For all &quity instruments regardless of signrfiwce, arKI other financial a$￿s th81 aty individu8lly significant, these are assessed iThJwidually for impaiment. Other finarcial assets CY either assessed individually or group8d on the basis ot similar credit risk Char￿enst1¢5. Any reversals of impaimient are recognised in profit ￿ bss Immediately. to the extent that the reversa5 does not resutt in a caryiro amount finano813ssel that excéeds what thè G4trying amount wtyjld have b88n had the impaimi¥st rKJl t¥ev¥wsty re(xxJnis8d. Defined contributfion plans Contributions to defined contributK)n pl￿$ a￿ recognised as an expense in the period in which the related Servi￿ Is provided Prepaid contnbutions are reccgnised as an asset to the extent that the prepayment will lead to a reduction In future payments or a cash reluTh en contributions are rtot extected to te settled wholly within 12 rnonths of the end of th8 reP￿tIng date in which the employees rerKler tl* reSated serwce. the lthilrty is measLKed on a discounted present value basi5. The urrwinding of the discojnt is recoanised Ri [inar￿e o)sts in FKofit or1oss in the icrfj in which it arises. LÉmited by guwantee The company is limrted by warantee arKJ th$ not hava a share wtal. EFnploy8e numbèrs Th& average number of per9)rts empk)yed by Ihe txjmwy dumg year amounted to 312(Y22". 31. Page 9 Tiny Tots Cross Community Playgroup Company limited by guarantee Notes to the financial statern￿ts Icrmtinued) Year ended 31 May 2023 Losslprofit beft)re taxation Losslprofrt belo￿ takn￿b)n is stated after charg1ngll(Yed￿.ng).' 2023 2022 Dep￿lat￿n of tangible assets 827 973 Tangiblè assèts Fixtures. fittings and equipment Totsl C05t At 1 June 2022 and 31 May 2023 49.￿7 49,C(17 Depreciation At 1 June 2022 Charge Iof the yeai 4,927 827 4,927 827 At 31 May 2023 5.754 5,754 Carrying amount At 31 May 2023 43,253 43,253 At 31 May 2022 44,0 Dèbtors 2023 2022 Other deblw5 18,509 Creditors: amounts falling due within one year 2023 2022 Trade rxedTt(Ys Social securty aThJ other taxes Other creditors 1.8( 600 2,836 Page 10 Tiny Tots Cross Community Playgroup Company limtted by guarantee Detailed income statement Y•¥ ènd•d 31 May 2023 2023 2￿￿2 Tumover PEAGS fees Donations Early Years Fundraising 37,180 2,631 1,471 2.558 53,602 8.164 43.840 62,877 Gross profit 43.840 62.877 Gross profit Percentage 1(K).O% 11X).O% Oveiheads Administrative expenses Wag85 Staff pension costs Misc staff éxp5 Rwm hire Rates Insuran Educ8tii)n a(*ivilies Early years Light heat & water Repairs and renewals Groceries Telephone Legal and professional fees Accountancy Bank chargés Miscellaneous Amortisaticm on short leasehold 138.0751 13.5511 135,0541 1721 1231 13581 12331 15221 13(X)I 11,6161 11,1151 (1181 11.1711 14251 11,8CKJI 17501 12C61 11791 18271 11601 14361 15291 12,5991 12,1521 13.2811 11.8331 13861 11921 121 19731 151,2461 147.6721 O￿Tating 110￿y￿0fif I7.4(￿) 15.205 Operating Ilossyprofit pèrcentage 16. 24.2% Other interest receivable aTht similar ino)me ILossVprofit before taxatlon 17,3841 15,205 Tiny Tots Cross Corrrnunity Playgroup Company limited by guarantee The following page$ do notfomi part of the ststutory accounts.