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2023-08-31-accounts

LOUGHSHORE PLAYGROUP FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

Loughshore Playgroup Contents

Page
Information 1
Directors’ Report 2
Income and Expenditure Account 3
Balance Sheet 4
The following pages do not form part of the statutory accounts:
Detailed Income and Expenditure Account 5

Loughshore Playgroup Company Information For The Year Ended 31 August 2023

Directors Mrs Laura Forker Mrs K Neill Mr E McNeill Mr T Rafferty Mr M Convie Ms R Robinson Mrs M Laverty (Chair) Mrs Aisling O'Connor Mrs E Forker Mrs A Wylie Accountants Mary Mackle & Co Chartered Accountants 73 Charlestown Road Portadown Craigavon BT63 5PP

Page 1

Loughshore Playgroup Directors' Report For The Year Ended 31 August 2023

The directors present their report and the financial statements for the year ended 31 August 2023.

Principal activity

The principal activity of the entity is the provision of pre-school education for the local area.

Mairead Laverty Chairperson

Page 2

Loughshore Playgroup Income and Expenditure Account For The Year Ended 31 August 2023

TURNOVER
Other income
Cost of raw materials and consumables
Staff costs
Depreciation and other amounts written off assets
Other charges
NET SURPLUS/(DEFICIT)
2023
£
46,713
350
(1,775 )
(31,476 )
(7,241 )
(1,287 )
5,284
2022
£
27,075
-
(1,842 )
(25,228 )
-
(1,231 )
(1,226 )

Page 3

Loughshore Playgroup Balance Sheet As At 31 August 2023

Fixed assets
Current assets
Creditors: Amounts Falling Due Within One Year
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
RESERVES
2023
£
8,163
32,687
(891 )
2022
£

15,377

19,584

(286 )
31,796
19,298
39,959
34,675
39,959
34,675
39,959
34,675

The financial statements were approved by the Committee on and signed on its behalf by:

Mairead Laverty

Date

Page 4

Loughshore Playgroup Detailed Income and Expenditure Account For The Year Ended 31 August 2023

TURNOVER
SELB Funding
Fundraising
Fees and breaks
Early years
OTHER INCOME
Other operating income
COST OF RAW MATERIALS AND CONSUMABLES
Playgroup sundries
Treats and Milk
Fundraising costs
STAFF COSTS
Cost of sales:
Subcontractor costs
Wages and salaries
Employers pensions - defined contribution schemes
Administration:
Staff training
DEPRECIATION AND OTHER AMOUNTS WRITTEN OFF ASSETS
Depreciation
OTHER CHARGES
Other direct costs:
Insurance
Printing, postage and stationery
General administration costs:
Telecommunications and data costs
Sundry expenses
Interest payable and similar charges:
Bank charges
NET SURPLUS/(DEFICIT)
2023
£
£
27,494
380
11,339
7,500
46,713
350
47,063
376
950
449
(1,775)
640
30,253
533
31,426
50
(31,476)
7,241
(7,241)
538
-
538
576
-
576
173
(1,287)
5,284
2023
£
£
27,494
380
11,339
7,500
46,713
350
47,063
376
950
449
(1,775)
640
30,253
533
31,426
50
(31,476)
7,241
(7,241)
538
-
538
576
-
576
173
(1,287)
5,284
2022
£
£
21,576
-
5,334
165

27,075

-

27,075
1,542
300
-

(1,842)
1,264
23,665
299
25,228
-

(25,228)
-

-
448
72
520
423
100
523
188

(1,231)

(1,226)
2022
£
£
21,576
-
5,334
165

27,075

-

27,075
1,542
300
-

(1,842)
1,264
23,665
299
25,228
-

(25,228)
-

-
448
72
520
423
100
523
188

(1,231)

(1,226)
376
950
449



1,542
300
-
47,063



(1,775)





(31,476)

(7,241)







(1,287)
27,075



(1,842)





(25,228)

-







(1,231)
640
30,253
533

1,264
23,665
299
31,426 25,228
50
7,241
538
-
-

-

448
72
538 520
576
-
423
100
576 523
173 188

5,284 (1,226)

Page 5