## 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 

9 

## 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<br>Tangibleassets|8|34,880|37,786|
|Current Assets<br>Debtors<br>Cash atbank and in hand|9|5,964<br>70,240|3,826<br>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. 


**----- Start of picture text -----**<br>
do by the Board of Trustees and authorised for Issue on 19 February 2026 and signed on Its behalf by<br>Alana Coleman<br>Trustee<br>**----- End of picture text -----**<br>


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

40 

## 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 

1. 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. 

2. 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 

11 

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|||||



12 

|||||||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<br>4.1<br>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<br>Charge for the financial year||||34,874<br>2,906|34,874<br>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.<br>12.1.|FUNDS<br>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|



14 

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 

|12.3.|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. 

14. POST-BALANCE SHEET EVENTS 

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

15. TRUSTEE REMUNERATION 

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

16. INDEPENDENT EXAMINER FEE 

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

15