2025-09-30-accounts - Derrytrasna Playgroup

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Derrytrasna Playgroup (A company limited by guarantee, not having a share capital) STATEMENT OF FINANCIAL ACTIVITIES

(Incorporating an Income and Expenditure Account)

for the financial year ended 30 September 2025

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		Funds	Funds	Funds	Funds	Funds	Funds
		2025	2025	2025	2024	2024	2024
	Notes	£	£	£	£	£	£
Income
Donations and legacies	3.1	2,978	-	2,978	5,259	-	5,259
Charitable activities
Income from charitable	3.2	100,175	2,000	102,175	99,264	-	99,264
activities
Investments	3.3	540	-	540	-	-	-
Total income		103,693	2,000	105,693	104,523	-	104,523
Expenditure
Charitable activities	4.1	101,425	369	101,794	95,056	-	95,056
Net income/(expenditure)		2,268	1,631	3,899	9,467	-	9,467
Transfers between funds		-	-	-	-	-	-
Netmovement in funds for		2,268	1,631	3,899	9,467	-	9,467
the financial year
Reconciliation offunds:
Total funds beginning ofthe	12	55,619	50,000	105,619	46,152	50,000	96,152
year
Total funds at the end of		57,887	51,631	109,518	55,619	50,000	105,619
theyear

The Statement of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate to continuing activities.

The notes on pages 11 to 15 form part of the financial statements

Derrytrasna Playgroup

(A cornpany limited by guarantee, not having a share capital) Company Number: NI608898 BALANCE SHEET as at 30 September 2025

		2025	2024
	Notes	£	£
Fixed Assets Tangibleassets	8	34,880	37,786
Current Assets Debtors Cash atbank and in hand	9	5,964 70,240	3,826 65,597
		76,204	69,423
Creditors: Amounts falling due within one year	10	(1,566)	(1,590)
NetCurrentAssets		74,638	67,833
Total Assets less Current Liabilities		109,518	105,619
		C_	————_
Funds
Restricted trust funds		§1,631	50,000
General fund (unrestricted)		57,887	65,619
Totalfunds	12	109,518	105,619

These financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

For the financial year ended 30 September 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006; and no notice has been deposited under section 476.

The trustees confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charity.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", applying Section 1A of that Standard.

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do by the Board of Trustees and authorised for Issue on 19 February 2026 and signed on Its behalf by
Alana Coleman
Trustee
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The notes on pages 11 to 15 form part of the financial statements

Derrytrasna Playgroup (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 30 September 2025

GENERAL INFORMATION

Derrytrasna Playgroup is a company limited by guarantee incorporated in Northern Ireland. The registered office of the charity is 191 Derrytrasna Road, Lurgan, Co. Armagh, BT66 6NR, United Kingdom which is also the principal place of business of the charity. The financial statements have been presented in Pound (£) which is also the functional currency of the charity.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the charity's financial statements.

Basis of preparation

The financial statements have been prepared on the going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102", applying Section 1A of that Standard.

As permitted by the Companies Act 2006, the charity has varied the standard formats in that act for the Statement of Financial Activities and the Balance Sheet. Departures from the standard formats are to comply with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP.

Statement of compliance The financial statements of the charity for the financial year ended 30 September 2025 have been prepared on the going concern basis and in accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102", applying Section 1A of that Standard.

Fund accounting

The following are the categories of funds maintained:

Restricted funds

Restricted funds represent income received which can only be used for particular purposes, as specified by the donors. Such purposes are within the overall objectives of the charity.

Unrestricted funds

Unrestricted funds consist of General and Designated funds.

General funds represent amounts which are expendable at the discretion of the board, in furtherance of the objectives of the charity.
Designated funds comprise unrestricted funds that the board has, at its discretion, set aside for particular purposes. These designations have an administrative purpose only, and do not legally restrict the board's discretion to apply the fund.

Income

Income is recognised by inclusion in the Statement of Financial Activities only when the charity is legally entitled to the income, performance conditions attached to the item(s) of income have been met, the amounts involved can be measured with sufficient reliability and it is probable that the income will be received by the charity.

Income from charitable activities

Income from charitable activities include income earned from the supply of services under contractual arrangements and from performance related grants which have conditions that specify the provision of particular services to be provided by the charity. Income from government and other co-funders is recognised when the charity is legally entitled to the income because it is fulfilling the conditions contained in the related funding agreements. Where a grant is received in advance, its recognition is deferred and included in creditors. Where entitlement occurs before income is received, it is accrued in debtors.

Grants from governments and other co-funders typically include one of the following types of conditions:

Performance based conditions: whereby the charity is contractually entitled to funding only to the extent that the core objectives of the grant agreement are achieved. Where the charity is meeting the core objectives of a

continued

Derrytrasna Playgroup (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 30 September 2025

grant agreement, it recognises the related expenditure, to the extent that it is reimbursable by the donor, as income.

-Time based conditions: whereby the charity is contractually entitled to funding on the condition that it is utilised in a particular period. In these cases the charity recognises the income to the extent it is utilised within the period specified in the agreement.

In the absence of such conditions, assuming that receipt is probable and the amount can be reliably measured, grant income is recognised once the charity is notified of entitlement.

Grants received towards capital expenditure are credited received or receivable, whichever is earlier.

to the Statement of Financial Activities when

Expenditure Expenditure is analysed between costs of charitable activities and raising funds. The costs of each activity are separately accumulated and disclosed, and analysed according to their major components. Expenditure is recognised whena legal or constructive obligation exists as a result of a past event, a transfer of economic benefits is required in settlement and the amount of the obligation can be reliably measured. Support costs are those functions that assist the work of the charity but cannot be attributed to one activity. Such costs are allocated to activities in proportion to staff time spent or other suitable measure for each activity.

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:

Land and buildings freehold

4% Straight line

Debtors

Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Income recognised by the charity from government agencies and other co-funders, but not yet received at financial year end, is included in debtors.

Cash at bank and in hand

Cash at bank and in hand comprises cash on deposit at banks requiring less than three months notice of withdrawal.

Taxation

No current or deferred taxation arises as the charity has been granted charitable exemption. Irrecoverable valued added tax is expensed as incurred.

3.	INCOME
3.1	DONATIONS AND LEGACIES	Unrestricted	Restricted	2025	2024
		Funds	Funds
		£	£	£	=
	Donations and legacies	2,978	-	2,978	5,259
3.2	CHARITABLE ACTIVITIES	Unrestricted	Restricted	2025	2024
		Funds	Funds
		£	=	£	£
	Charitable Activities:
	Income from charitable activities	100,175	2,000	102,175	99,264
3.3	INVESTMENTS	Unrestricted	Restricted	2025	2024
		Funds	Funds
		£	£	£	e
	Investments	540	-	540	-
4.	EXPENDITURE

						continued
Derrytrasna Playgroup
(A company limited by guarantee, not having a share		capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial yearended 30 September 2025 4.1 CHARITABLE ACTIVITIES		Direct	Other	Support	2025	2024
		Costs	Costs	Costs
		£	£	£	£	£
	Expenditure on charitable activites	92,264	-	9,530	101,794	95,056
4.2	SUPPORTCOSTS			Charitable	2025	2024
				Activities
				£	£	£
	Support			9,530	9,530	4,732
5.	NET INCOME				2025	2024
					&	.
	Net Income is stated after charging/(crediting):
	Depreciation oftangible assets				2,906	2,906
6.	INVESTMENT AND OTHER INCOME				2025	2024
					£	ra
	Other interest				540	6
7.	EMPLOYEES AND REMUNERATION
	The staff costs comprise:				2025	2024
					£	£
	Wages and salaries				73,665	69,373
	Pension costs				3,368	2,802
					77,033	72,175
8.	TANGIBLE FIXED ASSETS
					Land and	Total
					buildings
					freehold
					z	£
	Cost
	At 30 September 2025				72,660	72,660
	Depreciation
	At1October2024 Charge for the financial year				34,874 2,906	34,874 2,906
	At 30 September2025				37,780	37,780
	Net book value
	At 30 September2025				34,880	34,880
	At30September 2024				37,786	37,786

AB

continued

Derrytrasna Playgroup (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 30 September 2025

9.	DEBTORS				2025	2024
					£	Ei
	Trade debtors				-	65
	Taxation and social security costs				3,647	104
	Prepayments and accrued income				2,317	3,657
					5,964	3,826
10.	CREDITORS				2025	2024
	Amounts falling due within one year				£	£
	Accruals and deferred income				1,566	1,590
11;	RESERVES
					2025	2024
					£	£
	At the beginning ofthe year				105,619	96,152
	Surplus for the financial year				3,899	9,467
	At the end ofthe year				109,518	105,619
12. 12.1.	FUNDS RECONCILIATION OF MOVEMENT IN FUNDS			Unrestricted	Restricted	Total
				Funds	Funds	Funds
				£	£	£
	At 1 October 2023			46,152	50,000	96,152
	Movement during the financial year			9,467	-	9,467
	At 30 September 2024			55,619	50,000	105,619
	Movement during the financial year			2,268	1,631	3,899
	At 30 September 2025			57,887	51,631	109,518
12.2	ANALYSIS OF MOVEMENTS ON FUNDS
		Balance	Income	Expenditure	Transfers	Balance
		1 October			between 30 September
		2024			funds	2025
		£	£	£	£	£
	Restricted funds
	Restricted	50,000	2,000	369	-	51,631
	Unrestricted funds
	Unrestricted General	55,619	103,693	101,425	-	57,887
	Totalfunds	105,619	105,693	101,794	-	109,518

continued

Derrytrasna Playgroup (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 30 September 2025

ANALYSIS OF NET ASSETS BY FUND
	Fixed	Current	Current	Total
	assets	assets	liabilities
	- charity use
	£	£	£	£
Restricted trust funds	50,000	-	-	50,000
Unrestricted general funds	(15,120)	76,204	(1,566)	59,518
	34,880	76,204	(1,566)	109,518

13. STATUS

The charity is a company limited by guarantee not having a share capital.

The liability of the members is limited.

Every member of the company undertakes to contribute to the assets of the company in the event of its being wound up while they are members, or within one financial year thereafter, for the payment of the debts and liabilities of the company contracted before they ceased to be members, and the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributors among themselves, such amount as may be required, not exceeding £ 1.

POST-BALANCE SHEET EVENTS

There have been no significant events affecting the Charity since the financial year-end.

TRUSTEE REMUNERATION

None of the Trustees received nor waived any remuneration for their services as Trustees in either the current or previous financial year.

INDEPENDENT EXAMINER FEE

The amounts payable to the independent examiner in respect of accountancy services for 2025 were £1,500 (2024: £1,486).