Company Number:N1044957 Charity Number:NJC102577 Tiny Tots Community Playgroup (A company limited by guarantee) Directors, report and finvdncial statements for the year ended 31 August 2024
Tiny Tots Community PIaygroup (A company limited by guarantee) Contents Page Infomation Directors Report Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the accounts 8-12
Tiny Tots Community Playgroup (A company limited by guarantee) Information Directors Anita Ferguson Rachael Ferguson Martina Jenkins Brian McLaughlin Noel O'Donnell Lisa Quinn Linda Sharkey Secretary Donna Gillen Company No: N1044957 Charity No: NIC102577 Registered office Cloomeen Drive Strathfoyle BT47 6UU Accountants McGroaty McCatTety & Company Ltd Accountants & Tax Consultants 2 Carlisle Terrace Derry BT48 6JX Bankers Bank of Ireland 27 Culmore Road Derry BT48 8JB Page I
Tiny Tots Community Playgroup (A company limited by guarantee) Directors Report The directors present their report and the financial statements for the y¢ar ended 31 August 2024. Princlpal actlvlty Th¢ principal activity of the company during the year under review was the operation of a community playgroup in the Strathfoyle area of Derry. ObJe¢tlvcs and activities To enliance the development and education of children under statutory school age in areas of social and economic deprivation with a particular focus on the Strathfoyle, Maydown and Eglinton areas of Derry and tlieir environs. To encourage parents/guardians to understand an provide for the needs of their children by;" a) Offering appropriate play facilities for all children regardless of religion, culture, race or means, b) Encouraging parents/guardians to become involved in tlie activities of the groupg c) Encouraging the study of the needs of children and their families and promoting the recognition of these needs in the public interest. The group provide5 a safe and satisfying programm¢ of play to advance the educational, personal and social development ofthe children attending the group, including those with special needs. Directors and their interests The directors of the charity for the purposes of charity law and throughout this report are collectively referred to as the directors. The dir¢otors serving during th¢ y¢ar and sinc¢ the year end were as follows: Anita Ferguson Rachael Ferguson Martina Jenkin5 Brian McLaughlin Noel O'Donnell Lisa Quinn Linda Sharkey Governing Documont The organisation is a company with charitable status. The company was established under Memorandum & Articles of Association which outlined the area of benefit and the objects of the charitable organisation. Risk Management The directors liave a risk management strategy which consists of establishing a system of identifying risks and mitigating such risks. Reserves Policy Tiny Tots Community Playgroup have a policy that unrestricted reserves to be maintained at a level to cover three months salary, operational costs and redundancy. Results & Performance The results and perforn]ance for the year of Tiny Tots Community Playgroup are summarised in the enclosed accounts. Financial review The financial perforniance is summarised in the enclosed accounts. Page 2
Tiny Tots Community Playgroup (A company limited by guarantee) Directors Report ,conlinued Directors RpOnsIbIlItIeS In Relation To The Financial Statements The directors of. Tiiiy Tols Community Playgroup t.or the purposes of company law are responsible for preparing tlie Director8" Anniial Report and the finanLial statemenls in accordance with appliLable law and United Kii18dom Ac¢ountlLig Standards (United Kingdom Generally Acccptcd Accounting Practice). Company law requires 11)e directors to prepare finwicial siatements for each financial year, that give a true and fair view ot. IhL state of the affaiis of the charitable company and of the incoming resources and application of resource%, inLILI(ling the income and expenditure, of tlie charitable company for that period. In preparing these rinunL'iul stalemenl.s, the direLlors ftre required to: ,%clect suilublc aLLounling policies and iipply them consistently; observe lh¢ meihods and prinLiples in the Charities SORP 2019 (FRS102); make judgcmcnt.% und estimates that are reasonable and prudent: late wliether applicable UK Accounting Standards have been followed, subject to any material departures disLlosed ¢lnd explAined in the financial statements; pi-epare ihe findnL'i£il statemeiii.s on the goin&r concern basis unless it 18 inappropriate io presume that the charity will contiiiue in busincss. The direLlorb urc responsible for mdintaining proper aceoiinting records which di.%close with reasonable dLcufilLy ul uny time the findnLiul positioii ot the Lhariry <iIid enables them to ensure thal thc tinancial %tatemenl4 c()mply with the Companies Aci 2006. The directors are also responsible for safeguarding the Ussets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregulurities. tn so far a% tlie direclorts arc awair: -tliere is no r¢lev4inl inforniation of which ihe charit&lble conipany's independent examiner is unawiirc, and -the director8 have tak¢n all the yteps that ih¢y ought to hllve taken to make themselves aware of any relevant infurmalivn and lo esi<iblish thai the indep¢nd¢iil examiner is aw£ire of ihai informatioii. This repori is prepared in uccordance with the special provisions of part 15 of the Companies Act 2006 relaling lo small coinpanies. This repc)rl wa8 appi'oved and authori8ed for issue by th¢ Board on 29 May 2025 and signed on ILS behalf by Dlreetor Ireetor Page 3
Tiny Tots Community Playgroup (A company limited by guarantee) Independent examiner's report on the unauditcd financial statements to the of Tiny Tots Community Playgroup We report on tlie accounts of the company for the year ended 31 August 2024, whicli are set out on pages S to 12. Respectlve responsibilities of charity dlrectors and ¢xaminer' As the charity directors you are responsible for the preparation of thc accounts in accordancc with the requirements of the Companies Act 2006. Having satisfied ourselves that the cliarity is not subject to audit under company law, and is eligible for independent examination, it is our responsibility to. exainine tlie accounts under section 65 of the Charities Act 2008; follow the procedures laid down in tlie general directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Cliarities Act 2008. state whetlier particular matters Iiave come to our attention. Basi5 of independent exAmlnor's report We have examined your cliarity accounts as required under section 65 of tlie Charities Act and our examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records, It also included a consideration of any unusual items or disclosurcs in the accounts, and seeking explanations from you as charity directors concerning any sucli matters. Our role is to state ivh¢ther any material matters have come to our attention giving us cause to believe: that accounting records were not kept in accordance with section 386 ofthe Companies Act 2006. tliat the accounts do not accord with tliose accounting records; tliat the accounts do not comply with the accounting requirements of the Section 396 of tlie Companies Act 2006 and the methods and principles of the Cliarities Statement of Recoinmended Practice applicable to Charities preparing their accounts in accordance with tlie Financial Reporting Standard applicable in the UK aiid Republic of Ireland; that there is furtlier inforination needed for proper understanding. Indcpondont exllminer's statement We have completed our exainination and have no concerns in respect of the matters listed above and, in connectioii witli tli¢ following directions of the Charity Commission for Norlliem Ireland, we liave found no matters that require drawing to your attention. Pat ick Mcc rty Mccaffcrty & Company Ltd Accountants & Tax Consultants 2 Carlisle Terrace Derry BT48 6JX Date: 29 May 2025 Page 4
Tiny Tots Community Playgroup (A company limited by guarantee) Statement of Financial Activities for the year ended 31 August 2024 Unrestricted Restricted Designated Funds Funds Funds 2024 2023 Income and Expendlture Incomlng Resources Grants & Sundry Income 19,033 110,861 129,894 65,873 Total Incoming Resources 19,033 110,861 129,894 65,873 Resources Expended Management & Administration 19,612 E15,574 135,186 76,031 Total Resources Expended 19.612 115.574 135,186 76,031 Net Incomlng l (Outgolng) Rcsources (579) (4,713) (5,292) (10.158) Balances brought forward I September 2023 10,967 27,553 38,520 48,678 10,388 22,840 33,228 38,520 Transfer between funds (6,434) (12,085) 18,519 BalaDCQS carried fonvard 31 August 2024 10. 3,954 10,755 18,519 33,228 38,520 Tlie above amouiits relate to continuing operations of the company, The company has no recognised gains and losses other than those included in the results above and therefore no separate stateinent of total recognised gains and losses has been presented. There is no difference between tlie net incoming resources for the year stated above and their historical cost equivalents. Page 5
Tiny Tots Community Playgroup (A company limited by guarantee) Balance sheet as ot 31 August 2024 2024 2023 Notes Fixed assets Tangible assets 10,755 13,627 Current assets Cash at bank and in hand 29,432 26,510 Curront liabilities Trade creditors Bank loans and overdrafts Other ¢reditors Accruals 390 227 215 5,880 864 1,000 6,959 1,617 Net current assets 22,473 24.893 Total Assets less current liabilities 33,228 38,520 Reserves Unrestricted Restricted De5ignat¢d 10. 3,954 10,755 18,519 10,967 27,553 33,228 38,520 Page 6
Tiny Tots Conimunity Playgroup (A company limited by guarantee) (continued) In approving these finiincial sratements as director5 Of the company we hereby confirm: F(Ir the yLar ended 31 Augu.%t 2024. the company was entitled to exemption under section 477 of the Conipaiii¢s Act 2006 r¢liiling to small companies. The directors huve not required the company to obtain aj) audit in accordance with section 476 of ihe Cump¢inie% Act 2006. ThL director.% Iicknowledge their responsibilities tor complyins with the requirements of the Conipani&s Act 2006 wilh iY%peL't tv accounting reLord& and the preparation of accounts. Thc%c accouiils havc bcen pirpared in accordancc with the provision% applicable to compani¢.% %ubject to the small conipanies regiine in uccordance with FRS102 SORP. The finaiicial statements were i< pproved aiid auchori4ed foi. issue by the Bourd 01129 May 2025 and sigllcd un 11.5 behalf by.. Dlrector Dlrector Company Number: N1044Y57 Page 7
Tiny Tots Community Playgroup (A company limited by guarantee) Notes to the accounts for the year ended 31 August 2024 General Informatlon The ¢harity is a private limited company by guarantee, registered in Northern Ireland and a registered charity in Northern Ireland. The address of the registered otTice is Cloomeen Drive, Deny9 B T47 6UU. Accounting convention The principal accounting policies adopted in the preparation of the financial statements are set out below. The charity constitues a public benefit entity as defined by FRSI 02. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland Charities SORP 2019 (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), Companies Act 2006 and Charities Act (Northern Ireland) 2008. The financial statements are prepared on a going concern b&sis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which IS the functional currency of the charity. Tangible fixed assets and depreciation Tangible fixed assets are stated at cost less depreciation. Depr¢ciation is provided at rates calculated to write off the Cost or valuation less residual valu¢ of each ass¢t over its expected useful life, as follows: Land and buildings Office Equipment Equipment 20/0 Straight Line 150/0 Straight Line 20C/* o Straight Line Income (T) Grants Grants represents all amounts received and receivable during the year. Capital grants are released to the profit and loss account in the year in which they are received in line with the SORP 2019 (FRS102). Revenue grants are credited to the Statement of Financial Activities in the year they are received. (li) Donations & administration income. This comprises amounts received during the year. Page 8
Tiny TOÉS Community Playgroup (A company limited by guarantee) Notes to the accounts for the year ended 31 August 2024 xpenditure (i) Direct Charitable Expenditure This represents all expenditure directly attributable to charitable Causes. (li) Management & Administration This includes all other expenditure not directly allocated above and a portion of the overhead costs attributable to management and administration. Income 2024 2023 Restrlcted Income N.I Housing Executive (Note 14) Patliway Halifax Derry City & Strabane District Council John Moores RTE Toy Show Departm¢nt of Health RAPIDIDAERA 79,186 14,964 1,634 3,200 2,000 3,000 6,877 30,189 14,973 1,887 1,449 110,861 48,498 Unrestrlcted Income Fees Donations & fundraising Interest received 13,309 5,460 264 17,345 30 19,033 17,375 Total Income 129,894 65,873 (i) Restricted Funds Funds received which are earinarked by the funder for specific purposes. Such purposes are within the overall aims of tlie organisation. (li) Unrestricted Funds Funds which are expendable at the discretion of the company in furtherance of the aims of the charity. In addition funds may be held in order to finance capital investment and working capital. Unrestricted reserves are at a level to cover three months salary, operational costs and redundancy. Page 9
Tiny Tots Community Playgroup (A company limited by guarantee) Notes to the accounts for the year ended 31 August 2024 Re$ourees Expended Unrestricted Funds Restricted Funds Total 2024 Total 2023 Management & Administration Wages & salaries Staff pension costs Volunteer expenses Partiier payments Summer sclieine Insurance Light & heat Computer/software costs Printing & stationery Repairs & maintenance Telephone General running expenses Legal & professional Accountancy Bank charges Subscriptions Depreciation on property Depreciation on office equipment Depreciation of fixtures, fittings & equipment 8,957 2,179 590 49,033 57,990 2,179 590 51,725 1,002 1,934 642 1,090 1,530 3,954 1,302 4,034 3.156 864 231 91 183 525 2,164 51,246 2,130 1,790 (Note 14) 51,725 1,002 387 642 392 775 1,699 1,547 1,630 1,822 1,143 1,017 1,471 1,169 7,000 698 755 2,255 1,302 1,367 3,156 864 2,667 834 239 438 961 656 2,485 231 91 183 525 2,164 19,612 115,574 135,186 76,031 Staff note The average number of persons employed by the company during the year amounted to 4 (2023-3). The aggregate payroll costs incurred during the year were: 2024 2023 Wages and salaries 57,990 51,246 57,990 51,246 Taxation There is no charge to taxation as the company has charitable status. Page 10
Tiny Tots Community Playgroup (A company limited by guarantee) Notes to the accounts for the year ended 31 August 2024 Tanglble assets Land and buildings OffAccFlxtures & freehold Equlpment Fittings Total Cost At I September 2023 41,636 7,327 75,332 124,295 At 31 August 2024 41,636 7,327 75,332 124,295 Depreciation At I September 2023 Charge for the year 41,453 183 4,701 525 64,514 2,164 110,668 2,872 At 31 August 2024 41,636 5,226 66,678 113,540 Net book values At 31 August 2024 2,101 8,654 10,755 At 31 August 2023 183 2,626 10,818 13,627 Current liabilities 2024 2023 Bank loans and overdrafts Trade creditors T&xes and social security costs Deferred income Accruals 215 227 390 2,514 3,366 864 1,000 6,959 1,617 Page 11
Tiny Tots Community Playgroup (A company limited by guarantee) Notes to the accounts for the year ended 31 August 2024 10. Movements In Funds At I September Incomlng 2023 resources At 31 August 2024 Outgoin resources Transfer Restricted funds: 27,553 110,861 (115,574) (12,085) 10,755 Unrestricted funds: General funds 10,967 19,033 (19,612) (6,434) 3,954 Total unrestricted funds 10,967 19,033 (19,612) (6,434) 3,954 Designated Funds 18,519 18,519 38,520 129,894 (135,186) 33,228 Purposes of Restrfieted Funds Restricted grants awarded to the charity is provided to cover the core objects as explained in directors report. 11, Rel&ted Party Transactfions There were no related party transactions in the year under review. 12. Llmlted by GugfAntoe The company is limited by guarantee and does not have a share capital. 13. Controlling interest Controlling interest rests with the Board of Directors. 14. Northern Ireland Houslng Ei xecutlve An amount of £79,186 was received in the financial year from Northern Ireland Housing Executive, £51,725 of this was paid to other community groups and this amount is included as expensiture under "Partner payments" The balance amount of £27,461 relates to Tiny Tots Community Playgroup. Page 12