## **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