Company registration number N1036462 (Northern Irelandl PLAY-A-WAY CHILDCARE CENTRE LTD UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 PLAY.A-WAY CHILDCARE CENTRE LTD COMPANY INFORMATION Directors E, McGrady C. Parker S, Templeton C, McGrady R, Marks (Appointed 17 Oclober 2023) Secretary L. Ross Company number N1036462 Registered offlce Clo Vicloria Primary School East Slreel Newtownards Co. Down BT23 70D Accountants Stanley Woods & Co Alexander House 49 151 Church Street Newlownards Co Down BT23 4AN Buslness address Clo Victoria Primary School East Street Newiownards Co. Down BT23 70D PLAY-A-WAY CHILDCARE CENTRE LTD CONTENTS Page Directors, report Accountants, report Income and expenditure account Balance Sheet and notes lo the financial statements PLAY-A-WAY CHILDCARE CENTRE LTD DIRECTORS, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The directors present their annual report and financial statements for the year ended 31 March 2024. Principal activitles The principal activity of the company continued lo be that of the provision of Playgroup and Pre-school Education. Directors The directors who held office durlng the year and up io the date of signature of the financial slalements were as follows: Pastor K, McAlees K, Farrelly E, McGrady P, Beaney C, Parker S, Templelon C, McGrady R, Marks (Resigned 10 Augusl 2024) (Resigned 17 October 2023) {Resigned 17 October 2023) (Appointed 17 October 2023) The dlre¢lors present Ihelr annual report and financial statements for the year ended 31 March 2024. Objectlves and actlvltles To provide necessary facilities for the daily care, education and recreation for pre-school, To work in parinership with parents and guardians lo understand and provide for the needs of their children by offering appropriate play facililies. To ensure the centr8 offers opportunlties for all children regardless of religion. culture, race or means. To promole good citizenship from an early age, helping children and families lo contribute lo the wider communily. To advance education and training opportunities for those working within Ihe selling and students who need placements to develop their ski115. To work in partnership with organisalions who promote Ihe development of early year's education providing the best opportunities for children to reach their full polenlial. We strive lo provide a variety of slimulaling aclivilies lo develop children's imagination, crealivily and curiosily. We strive to develop interests and skills whiGh result in lifelong learning and enjoyment. We strive to promote activities which encourage physical exercise and healthy lifestyles. We promote aclivilies which help lo develop children's independence, self-esteem and confidence. We promote activities which help children lo empathise wilh olheTS recognising their needs, emotions and feelings developing compassion and awareness that everyone is valued. Achlevements and performance The company continues to maintain a high standard of practice maintaining Sinks with the community and schools. The Company moved premises this year and is now localed wilhin Victoria Primary School, Newlownards. The late51 inspection from Education and Training Inspectorate rated the centre as 'Oulstanding'. Feedback from parents reflects a high level of performance with most rating our services as excellent or very good. We continue to ask parents for ideas on how we can develop the company lo meel their needs and using their feedback we implement those ideas to develop and enhance our performance. Financial Review The company has been self-suslaining Dver many years and with good financial planning we hope lo continue this practice. Reserves are needed lo bridge the gap between spending and receiving of income and also to cover unplanned emergency repairs and other expenditure. Al present. the company has around 3 month's reserves. Due lo the change of premises to a smaller room, the number of children able lo atlend has redU￿d lo 21 going fo¢ward from September 2024. Allhough this will reduce income, the reduction in costs associated wilh the new site means that this drop in numbeis is financially viable. Pathway funding was secured for 2023-2024 and for 2024- 2025. We are reviewing our business plan in line with possible government changes with a view lo ensuring the future of the company. PLAY-A-WAY CHILDCARE CENTRE LTD BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2024 Play-a-way Childcare Centre Ltd is a private company limited by guarantee incorporated in Northern Ireland. The registered office is Clo Victoria Primary School, East Street, Newtownards. Co. Down. BT23 7DD. For the year ended 31 March 2024 the company was entitled to exemption from audil under section 477 of the Companies Act 2006 relating lo small companies. The directors acknowledge their responsibilities for complying with the requirements of the Companies Acl 2006 with respect lo accounting records and the preparation of financial statements. The members have not required Ihe company to obtain an audit of ils financial slalements for the year in queslion in accordance with section 476. These financial slalemenls have been prepared in accordance with the micro-enlily provisions and in accordance wilh FRS 105 'The Financial Reporting Standard applicable lo the Micro-enlities Regime. and delivered in accordance with the provisions applicable lo companies subject lo the small companies regime. The directors of the company have elected not to include a copy of the income and expendilure account within the financial statements. The financial statements were approved by Ihe board of directors and aulhorised for issue on 25 November 2024 and are signed on ils behalf by.. C, Parker Dlrector Company registration number N1036462 (Northern Ireland) PLAY-A-WAY CHILDCARE CENTRE LTD REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF PLAY-A-WAY CHILDCARE CENTRE LTD In order to assist you lo fulfil your duties under the Companies Act 2006, we have prepared for your appioval the financial statements of Play-a-way Childcare Centre Ltd foi the year ended 31 March 2024, which comprise the income and expenditure account and the balance sheet. from the company's accounling records and from information and explanations you have given us. As a practising member firm of Ihe Association of Charlered Certified Accounlanls, we are subject lo ils ethical and other professional requirements which are detailed al hllps.'Ilwww.accaglobal.comlgblenlmemberlslandardslrules- and-slandardslfulebook.hlml. 11 is your duly lo ensure that Play-a-way Childcare Centre Ltd ha5 kept adequate accounting records and lo prepare statutory financial statements that cornply with the requirements of the Companies Acl 2006. You consider Ihal Play- a-way Childcare Centre Ltd is exempt from Ihe stalulory audit requirement for the year. We have not been instructed to carry out an audil or a review of the financial statemenls of Play-a-way Childcare Centre Ltd. For this reason, we have not verified the a¢curacy or completeness of the accounting records or information and explanations you have given lo us and we do not, therefore. express any opinion on the slatulory financial slatemenls. Stanley 00 &Co 25 November 2024 Certifled Accountants Alexander House 49 151 Church Street Newtownards Co Down BT23 4AN PLAY-A-WAY CHILDCARE CENTRE LTD STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31 MARCH 2024 Unresliicled Restricted Funds Funds Total Funds 2024 Total Funds 2023 INCOMING RESOURCES Grants receivable.. Pathway Early Years Extended Services Keep N. Ireland Beautiful DE Engage Funding HSBC Small Claims Grant Ford Britain Trust Other grants 27,477 27,477 27.527 3.030 845 4,568 329 260 260 Peags fees Membership fees Fundraising and miscellaneous Interest receivable Uniforms Milk allowance Pho105 42,780 8,311 3,761 287 760 197 846 42,780 8.311 3,761 287 760 197 846 29,873 14,216 2,159 110 940 287 Total Incomlng resources 56,941 27,737 84,678 83,884 RESOURCES EXPENDED Wages & National Insurance Pension contributions Staff training Resources for break Regislralion contracts Transportloutings Uniforms Printing, postage, stationery and advertising Miscellaneous Grant funded expenses Cleaning Insurance Heal and light Rent Repairs Rates Telephone Equipmenvbooks Accountancy fees Bank charges Milk account 30,879 913 106 496 2,017 30,426 61,305 913 106 496 2.017 61,234 815 497 2,374 10 1,036 235 967 8,023 207 508 3.462 3.504 790 265 572 298 660 238 319 716 46 2,450 894 135 520 1,725 1,964 1,448 296 492 155 570 215 259 716 46 2,450 1,154 135 520 2,250 2,628 1.448 296 492 155 570 215 259 260 525 664 Total resources expended 46,296 31,875 78.170 86,012 Net incoming resources for the year Balances blf 10,644 66,850 -4,137 4,137 6.508 70.987 -2.129 73.116 Balances clf 77,494 77,495 70,987 The charity has no recognised gain5 or losses other than the results for the year as set out above. All of the activities of the charity are classified as continuing. PLAY-A-WAY CHILDCARE CENTRE LTD BALANCE SHEET AS AT31 MARCH 2024 2024 2023 Fixed assets 13.734 13,734 Current assets 64.745 58,076 Creditors- amounts falling due within one year (986) (825) Net current assets 63.759 57.251 Total assets less current liabilities 77.493 70,985 Net assets 77.493 70,985 RÈseN8S 77,493 70.985 Notes to the flnanclal ststements Employees The average number of persons, including directors, employed by the company during the year was as follows.. 2024 Number 2023 Number Employees PLAY-A-WAY CHILDCARE CENTRE LTD BALANCE SHEET (CONTINUED) AS AT31 MARCH 2024 Play-a-way Childcare Centre Ltd is a private company limited by guaranlee incorporated in Northem Ireland. The iegislered office is Clo Victoria Primary School, East Street, Newlownards, Co. Down, BT23 7DD. For the year ended 31 March 2024 the company was enlilled to exemption from audit under section 477 of the Companies Act 2006 relating lo small companies. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect lo accounting records and the pr8paration of financial statements. The members have not required the company lo obtain an audit of ils financial slalements for the year in queslion in accordance with section 476. These financial slalemenls have been prepared in accordance with the micro-enlily provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable lo the Micro-enlilies Regime, and the provisions applicable to companies subject lo the small Gompanies regime. The financial statements were approved by ihe board of diraclors and authorised for issue on 25 November 2024 and are signed on ils behalf by.. C, Parker Dlrector Company registration number N1036462 (Northern Ireland)