Leitrim Community Playgroup (A company limited by guarantee, not having a share capital) TRUSTEES' ANNUAL REPORT
for the financial year ended 31 August 2025
The trustees present their Trustees' Annual Report, combining the Directors' Report and Trustees' Report, and the unaudited financial statements for the financial year ended 31 August 2025.
The financial statements are prepared in accordance with the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The Trustees' Report contains the information required to be provided in the Trustees' Annual Report under the Statement of Recommended Practice (SORP) guidelines. The trustees of the company are also charity trustees for the purpose of charity law and under the company's constitution are known as members of the board of trustees.
In this report the trustees of Leitrim Community Playgroup present a summary of its purpose, governance, activities, achievements and finances for the financial year 31 August 2025.
The charity is a registered charity and hence the report and results are presented in a form which complies with the requirements of the Companies Act 2006 and, although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented its recommendations where relevant in these financial statements.
Objectives
To promote a play based learning environment for all children under statutory school age (the beneficiaries) of Leitrim, Ballyward and the surrounding area in County Down.
To advance the education of the beneficiaries by the provision of safe and satisfying group play, with the right of parents/carers to become involved in the activities of the group.
Structure
Leitrim Community Playgroup is a community managed pre-school playgroup and is registered to accept a maximum of 24 children each session, five mornings per week from 8.45am to 11.45am.
The playgroup is managed by a committee. Members of the playgroup (parents or guardians of children attending Leitrim Community Playgroup) elect trustees of the playgroup annually at its AGM by means of a public vote.
Most of Leitrim Community Playgroup’s income is provided by the Education Authority.
Additional funding is provided by way of monthly contributions, donations and fundraising events.
The trustees operate on a voluntary basis and along with collaboration with staff members decide what activities the charity should undertake.
Review of Achievements and Performance
The AGM was held in January 2026 and the chairperson thanked the committee for their hard work and support through the year. The achievements during the year included the old fence replaced, phone and internet updated, lighting changed to LED, the new sensory room as well as the new logo, new website, the graduation ceremony and grandparent's day.
Successful fundraisers were held during the year: Halloween Trick or Treat, Christmas Open afternoon and Grotto, Easter disco and the Cash for Clobber initiative.
Financial Review
At the year-end 31 Aug 2025 total income was £59,293 and expenditure was £61,165.
Expenditure
The total running costs for the year involved direct wages, resources, heating, insurance, telephone & internet, repairs, bank fees, snacks & milk.
Financial Results
At the end of the financial year the charity has assets of £210,996 (2024 - £214,491) and liabilities of £2,209 (2024 - £3,832). The net assets of the charity have decreased by £1,872.
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Leitrim Community Playgroup (A company limited by guarantee, not having a share capital) TRUSTEES' ANNUAL REPORT
(A company limited by guarantee, not having a share capital)
for the financial year ended 31 August 2025
Reserves Position and Policy
Reserves Policy
We have a reserves policy to ensure LCP have a reserve amount, so adequate funds are available for planning and dealing with any financial issues that arise to sustain the group.
Compliance with Sector-Wide Legislation and Standards
The charity engages pro-actively with legislation, standards and codes which are developed for the sector. Leitrim Community Playgroup subscribes to and is compliant with the following:
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The Companies Act 2006
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The Charities SORP (FRS 102)
Approved by the Board of Trustees on 6 March 2026 and signed on its behalf by:
________ Michelle McAleavey Chairperson
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