Derrytrasna Playgroup IA cornpany lirnited by guarantee, noi having a $harp capilall STATEMENT OF FINANCIAL ACTIVITIES Ilncorporatin9 an Ine¢)m? and Expenditure Accounti the financial year 8Thled 30 Serrtember 2024 Unrestricthd R•stricted Fund$ Funds 2024 2024 Total Unrestricted Resitted Fund5 Funds Funds 2024 2023 2023 Total Funds 2023 Notes Incom• DonatIs and Ia¢S Chanlable activib.es Income from charitatAe activiknes 5.259 5,2S9 8.300 8.300 32 99.264 99.264 87.439 87,439 Ttstal income 104.523 104,523 95,739 95,739 Expenditurè Chariiabl& aclivihes 95,056 95.056 87,258 87.258 Total Expendlture 95.056 95.056 87.258 87.258 Net in¢om¢ll•xpenditure) 9.467 9.467 8,481 8.481 Transfer5 b?een funds Net movement in funds for the financial year 9.467 9,467 8.481 8.481 Reconciliation of funds- Total funds beginnirrfJ of the year 12 46.152 50.000 96,152 37,671 50,Lh)O 87,671 Total funds at the end of tho year 55.619 50.000 105.619 46.152 50.000 96,152 The Slaternent of FinaTl81 Acbvib"es includes gains and losses recrlSe0 in lhe financial ye*. All income and expendIlu late lo conb"nuing activit. Th• Tr21•5 on pages 10 to 14 form part 1h8 $t81wnents
Derrytrasna Playgroup IA comp)y1smited by guaran¢. VIng a 5harE PitalI Company Number.. N1608898 BALANCE SHEET as at 30 September 2024 2024 2023 Flxed Assèts Tangibte assels 37.786 40,692 Current A$s•ts Debtors Cash at bank atNI in hand 3,82fj 65,597 59,025 69,423 59.025 Creditors= Amounts falllng due wlthln one year 10 11.5901 13.5651 Net Current Assets 67.833 55.460 Total Assets Itss Culrent Liabilities 105,619 96,152 Fund$ Restricted trust funds General fijnd lunrestrict8dl 50.000 55.619 50,000 46,152 Total funds 12 105.619 96.152 Thpsp finanr.iil %tAlprnp.nt.q hAVP hppn pr9r1 in wlh thp. rp.lating tn qmAII rThnrkinipq thin Part 15 of the Cornpanies Act 2OJ6. For the finanaal year ended 30 September W24 charity Wd5 entiueil to exempliw fr¢¥n audit un(leT s¥¢b"on 477 of the Companies Act 2006: and no nobce has been depossted undef section 476. The Iwstees confimi Ihal the mnbe[S have rKJt ued Ihe company to obtain an a1t ofits financial statements for th8 financial year w4 question in accordance wilh 476 of Ihe Companies Act 20. The trustees ad(noknl&Jge their restM)r6ibilities for ensuring Ihat the charity keeps accountiTrJ records which comply th section 386 and for prepanng financial siatements give a true and fair view ol the state of affai of the charity as at the end ol the financial year and ol its profil and loss for Ihe f nancial year in accordance with Ihe requiremenis of sections 394 and 395 and vthich crthemse comF4y wth the requWefflts of the Companies kt 2(K)6 rdating to financid statements. 50 far as arplvble to the charity. The finanual Statements ha been ppad in a¢cX)rdan with the wovisions appli¢atrAe to companies subject to the small companies. gIMe and in aco)rdance wilh FRS 102 Tr Finanaal Repo"ng Stsindard applicable in UK and Republic of Ireland", applwrffj SeclK)n 1A of Ihat Slandarrj. Approved by the tsoarn of Trustees ano autnonsea for su& on 19 June 2025 ano signea on its Denalf Dy Colemart Trustee rot85 on pages 10t0 14knD wt ofthefinanri* stalemerts
Derrytrasna Playgroup IA company Ilmited by guarantee. not haThy a shat2 capital NOTES TO THE FINANCIAL STATEMENTS for the finala1 year ewvjed 30 Seprternber 2024 GENERAL INFORMATION Derrytrasna Play9roup is a cornpany linyted by guarantee incorpDraled in Northern Ireland. Th8 registered offic8 of the charity is 191 Derytrasna RoJ. Lurgan. Amiagh. 8T66 SNR, United Kingdom which is a150 the principal place of bus1r$S of the charity. The financial statements have been presenied in Pound 1£) which is also the lunCticM currency of the charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The lollowng accounb.ng p)Iwies have applied consistently in dealing wlh items whid) are con5KJered material In rdabon lo the charity's finaal siatements. Basis of preparation The fsnanoal statements have ten prèpared on the wng concwn basi5 uler Ihe historical cost o)nvenb'on. ified lo indude certain items at fair value. The finarla1 statements have en prepared in accord8nce th the Statement of Rectynmended Prxtice ISORPI"AcoJLftting and Rerting by Charities preparrng Ihe
unls in accordance th the Financial Reporting Standarrj applicable in the UK and ReputAic of Ir&land FRS 10T, applyiry Sectbjn 1A of that Standard. A5 pefrnitted by the Companies Act 2¢X)6. the charity has vaiied the Standard fornais in thai kct for Ihe Statement of FinanTral Ac'V1(S and the Balance s1. DepartuS from the standard fomaig are to comply bmlh Ihe requirerrEnts of the Charities SORP and are In c(Mmpliarte wth section 4.7. 10.6 and 15.2 01 that SORP. Statement of eomplianee The fina131 statements ol Ihè charity for the fin8nual year end 30 Septemter 2024 have been prepared Ihe gOg concem basis and in ar£ordarKe wth the Slate[eI of Recomtnen¢JetJ PFaclice ISORPI "Accounbng and Reporting by Chartties pparing th8ir accounts in accordEnce wth the Financial Reporbng StatKlard applKat4e n the UK and Repu1¢ of Ireland FRS 102". apptyitvJ S8cbon 1A of that Stsndard. Fund a¢countln9 The following are Ihe cate9Jries of fund$ mainlained.. Restrlcted fvnds Restricted funds represent irtome 1ve wfu.ch can cffily be used for particulat purw)ses, as 5peafied by the donofs. SLth PUSe$ are wthin overall objecfwe5 of Ihe charity. UnTrstricted funds Unrestricted funds consist of Ger81 and Oes¥Jnated lun(L8. - Genèral furMIs represent arrK)unts whith are expendable at the thscretion of the board. in furtherance ol the objectives ol the charity. - Designated funds ccmprtse unrestriclerj funds that thè board has. at its discretion, set asde fgr partscul8r purposes. These designatKJns have an administrative PUfkX)se only, and do not lègalty re5tiicl th8 boa discretion to apply the fund. Income Income 15 recogntsed by Indusic in the Sta¢emenl cl Financ4al ActNities Lwly when the charity is legally enliJe(J to the income, perfomance conditions atthed to the itemlsl ol income have been tnet. the anKJunts iTwdved can be rneasured wlh sufficient rdiakn'lity and il is probable that tit Irwrne will be te1Ved by the thanty. Income from charitable activities Income from chanlable activib.es indudè ir eamed from Ihe supply of servi$ under contractual arrangernenis and frorn perforMae lated grants which have condits.ons that Specify the prow510n of particular services to provided by the charity. Iorne fvim government and other co-funder5 is recognistsd lthen the charity is legally enliued io the incthme because il is lfIllIng the cotMlib"0Tr5 contained in the related fundirvJ agreernents. Where a granl reVed in athance, its recognib.on is L1elerred and induckd in rxeditors. Where enb"Ilement ctcuts befo Inco is r8cèwed. it is accrued in debtors. (>anis Irom govemrnents and cther ctrfunders ty¢IlY indude one of the fdlwng types of conditi$.. - Pertomlan based ¢diti(S.. whereby Ihe chaiity 15 omtrxbJally entilled to fundir¥J only to extent that the core objectives ol the grant agfeement a a¢hieved. Where the tharity is meebng the ce objeclwes of a
conts.nued Derrytrasna Playgroup IA company Ilmited by 9uarantee, not ha¥lng a Sh capWall NOTES TO THE FINANCIAL STATEMENTS fry thè finanrial year ended 30 September 2024 grant agreement. il recognises Ihe rdated exlture, to ihe extent that il is r•mbursablè by the donor, as inccfflè. -Time based Condiltcs." wr&bY the charity s wntrdGtualty enbued to fvnding on the condition that it 15 utilBed in a particular pefiod. In Ihesa caw ¢hy rmniss$ the inGome to the exlent it utilised Ul1 the period 5ced in th8 agr8ement In the absence of such conditions, assumiThJ that r[pt is pJob8ble arvj th8 amount can b8 rdiably measured. grant income is reccgnised once ts charity is notifd of tremenL Grants ieceNtd t(wards capital expendiiure are rxedi18d to th8 statent of Financaal Acltvitres wh8n received or re1¥able, whthevef is earfr. Expenditurè Expenditufe is analysed between Costs of tharilable acDwtie5 and Bising lunds. The costs of each activity are separately accajrnulated and disdosed, and analysed accordir4J to their maF)r components. Expenditure is cognised whell a legal or cons1CtIVe obligatir exsis as a result of a past event. a transfer of ecommi¢ benefits is requi in seilement a1 the amount of thè rtIla.on can i reliably rn8asured. Support costs arè thos8 functions that assist the Irk of rhe tharity but cannot be attributed to one activity. Such costs ar• locatwj to acbvits85 in pfopLYbon to stsff limg spent orother Suitable rreasure for eath activity. Tangible red assets and depreciation Tangible fixed a55eis slated at cost at vakjation. less awjmulated depreciatKJn. The charge to depreciation is calculated lo write off Ihe original cost or valuab.on of tangible fixed assets, less their estimated re5U31 value. o¥er their expected u5etul INes as lolk)ws.' Land and buildings freehdd 4% Straiw linè DebtOF5 Oebtors are vwnised al settlement arrwnt due after any discOt Offed. Prepayments a valued at Ihe amount ppaid net of any ts8de discLxJnts due. Inco¥ne recogni58d by the charity from LL)vemm8nt aJencies and other ctrfunders. but rKJt yet recei¥&Y at finanual eThJ. is Indjed in debtcffs. Cash at bank and in hand Cash al bank and in hand rx)mwi38$ cash rm deiy)wt al banks requirir#J les8 Ihan three months notte of thdrawal. Taxatlan No curnt or deferred taxation ari5e5 as the charity has been gMted charilable exetion. Irrecoverable valued addéd lax is expensed 85 incurrpd. INCOME DONATIONS AND LEGACIES Unrestricted Restricted Funds Funds 2024 2023 DOnati£s and legaThes 5359 $259 8,300 32 CHARITABLE ACTMTIES ntrIcted Restrl¢ted Funds Funds 2024 2023 haritable Activities: In¢omo ffNn c1k8ritab 99,264 99.264 87,439 EXPENDITURE CHARABLE AcTIVlEs Dir•¢t Oth•r Costs Support Costs 2024 2023 Expenthture on dwitatjle a(*vilies 90.324 4.732 95.056 87,258 11
continued Derrytrasna Playgroup IA cofflpany limited by guarant*, not h8nY a Share capilall NOTES TO THE FINANCIAL STATEMENTS ror the fironcial yr èrKitd 30 Stpternber 2024 NET INCOME 2024 2023 Net Income 1$ stated after chargingll¢redrting)'. Depreciation of t8ngit48 a558L 2,906 2,906 INVE5TlfjEP AND OTHER INCOME 2024 2023 other interest EMPLOYEES AND REMUNERAnON The staff costs comprise. 2024 2023 Wage5 and SalarS Pension cosis 69,373 2,802 65.851 2,364 72,175 68.215 TANGIBLE FIXED ASSETS Land and buildings fveehvld Total Cost At 30 September 2024 72,660 Depreciation At 1 October 2023 Charge for financial ye 31,968 2,6 31,968 2,906 At 30 Seplembef 2024 34,874 34,874 Net book value At 30 Seplember2024 37.786 37.786 At 30 September 2023 40,692 40,692 OEBTORS 2024 2023 Trade debtors Taxab"on and SLKk415ecurity costs Prepayrnents and accrued irrne 65 3.657 3,826 10. REDITORS Amounts falling due thIn one year 2024 2023 Accruals and de18rr8d income 1,590 3.565 12
conknued Derrytrasna Playgroup IA company Ilmlted by guarantee. not haviTWJ a share capltall NOTES TO THE FINANCIAL STATEMENTS the fina181 year ed 30 Seplember 2024 11. RESERVES 2024 2023 At the beginnin9 of the y8ar Surplus for the financial year 96.152 9.467 87.671 8.481 At the end ol the year 105,619 96.152 12. FUNDS 12.1 RECONCILIAnON OF MOVEMENT IN FUNDS Unrestricted Restricted Funds Fund5 Total Fund5 At 1 00r 2022 Movement during th¢ finarKial year 37,671 8.481 ),o(N) 87,671 8.481 At 30 Sepiember 2023 Movement during the fina1 year 46.152 9,467 gJ.000 96,152 9.467 At 30 Seplember 2024 55.619 50.000 105.619 12.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 October 2023 Incorne Expendlture Transfers Balance between 30 Septèmber funds 2024 Restricted funds Restricted Unrestricted fvnds Unr851ricted Generdl S).OL¥J 50,000 46.152 104.523 95.056 55.619 Total funds 96,152 104,523 95.056 105,619 12.3 ANALYSIS OF NET ASS8 BY FUNO Curr•nt assets Curr•nt Ilabllaes Total assets - ¢harity use Restricted trusi funds 50.0 50.000 Unrestricted generd fuThls 112.2141 69.423 11.590) 55.619 37.786 69.423 11.5901 105,619 13. STATUS The charlty is a company InIted by guarantse hawng a share e2Pit4. The Ikatility of the members B linwtgj. Every member of the cpanY ur*Yertakes to wrrtrityjte to the assets of the conwany in Ihe event of its b&ng wound up whik they are rnernbe. or witlin one financial year thereafter. for Ihe payThent of the debts and Ik?bilit"es ofthe cotnpany CL¥)tract8d before tY ceaseil to be members. and the costs. charg85 and expenses of winding up. and for lh8 adjustment ofthe Trjhts of CtributOrS among themselves, such amount as may be requed. not exce8ding £ 1. 13
continued Derrytrasna Playgroup IA cofflpany limited by guarantee. not having 8 share cwtall NOTES TO THE FINANCIAL STATEMENTS for the financial year eed 30 September 2024 14. POST4ALANCE SHEET EVENTS There have been no significant events affÈcts"TrJ the Charity SIre the finanua year-end. TRUSTEE REMUNERATION None of the TrsJstee5 received Tr)r waived any rUnerab"On fw 1r servw as T(uslees n either the current previous finanryal year. INDEPENDENT EXAMINER FEE The amounls payatle to indek*nd8nt èxanNner in r8spect of acwuntsnGy services for 2024 were £1,486 12023.. £2,585). 14