## **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