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2024-08-31-accounts

LOUGHSHORE PLAYGROUP FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

Loughshore Playgroup Contents

Page
Company 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 2024

Directors Mrs Laura Forker Mrs K Neill Mr E McNeill Mr T Rafferty Mr M Convie Mrs M Laverty (Chair) Miss 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 2024

The directors present their report and the financial statements for the year ended 31 August 2024.

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 2024

TURNOVER
Other income
Cost of raw materials and consumables
Staff costs
Depreciation and other amounts written off assets
Other charges
NET SURPLUS
2024
£
44,384
-
(2,316 )
(29,103 )
(7,302 )
(1,595 )
4,068
2023
£
46,713
350
(1,775 )
(31,476 )
(7,241 )
(1,287 )
5,284

Page 3

Loughshore Playgroup Balance Sheet As At 31 August 2024

Fixed assets
Current assets
Creditors: Amounts Falling Due Within One Year
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
RESERVES
2024
£
1,175
44,110
(1,258 )
2023
£

8,163

32,687

(891 )
42,852
31,796
44,027
39,959
44,027
39,959
44,027
39,959

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 2024

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
General administration costs:
Telecommunications and data costs
Sundry expenses
Interest payable and similar charges:
Bank charges
NET SURPLUS
2024
£
£
20,450
135
8,799
15,000
44,384
-
44,384
1,253
1,063
-
(2,316)
957
27,749
356
29,062
41
(29,103)
7,302
(7,302)
637
646
100
746
212
(1,595)
4,068
2024
£
£
20,450
135
8,799
15,000
44,384
-
44,384
1,253
1,063
-
(2,316)
957
27,749
356
29,062
41
(29,103)
7,302
(7,302)
637
646
100
746
212
(1,595)
4,068
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
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
576
-
576
173

(1,287)

5,284
1,253
1,063
-



376
950
449
44,384



(2,316)





(29,103)

(7,302)





(1,595)
47,063



(1,775)





(31,476)

(7,241)





(1,287)
957
27,749
356

640
30,253
533
29,062 31,426
41
7,302
637
646
100
50

7,241

538
576
-
746 576
212 173

4,068 5,284

Page 5