Broughshane Playgroup Limited
Statement of Financial Activities for the Year Ended 31 August 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) :
| Unrestricted | Total | |||||
|---|---|---|---|---|---|---|
| funds | 2025 | |||||
| Note | £ | £ | ||||
| Income and Endowments from: | . | |||||
| Charitable activities | 3 | 89,666 | 89,666 | |||
| Total income | 89,666 | 89,666 | ||||
| Expenditure on: | ||||||
| Charitable activities | 4 | (90,524) | (90,524) | |||
| Total expenditure | (90,524) | (90,524) | ||||
| Netexpenditure | (858) | (858) | ||||
| Netmovement in funds | (858) | (858) | ||||
| Reconciliation offunds | ||||||
| Total funds brought forward | - | 53,630 | 53,630 | |||
| Total funds carried forward | 10 | 52,772 | 52,772 | |||
| Unrestricted | Total | |||||
| funds | 2024 | |||||
| Note | £ | £ | ||||
| Income and Endowments from: | ||||||
| Charitable activities | 3 | 67,844 | 67,844 | |||
| Total income | 67,844 | 67,844 | ||||
| Expenditure on: | , | |||||
| Charitable activities | 4 | (75,041) | (75,041) | |||
| Total expenditure | (75,041) | (75,041) | ||||
| Net expenditure | (7,197) | (7,197) | ||||
| Netmovement in funds | (7,197) | (7,197) | ||||
| Reconciliation offunds | ||||||
| Total funds brought forward | 60,827 | 60,827 | ||||
| Totalfundscarriedforward | - | 10 | 53,630 | 53,630 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 10.
The notes on pages 7 to 11 form an integral part of these financial statements. Page 5
Broughshane Playgroup Limited
(Registration number: NI039664) Balance Sheet as at 31 August 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Tangible assets | 7 | 6,792 | 7,563 |
| Current assets | |||
| Stocks | 1,071 | 660 | |
| Cash atbank and in hand | 8 | 49,576 | 49,198 |
| 50,647 | 49,858 | ||
| Creditors: Amounts falling duewithinoneyear | 9 | (4,667) | (3,791) |
| Net current assets | 45,980 | 46,067 | |
| Net assets | §2,772 | 53,630 | |
| Funds ofthe charity: | |||
| Unrestricted income funds | |||
| Unrestricted funds | 52,772 | 53,630 | |
| Totalfunds | 10 | 52,772 | 53,630 |
For the financial year ending 31 August 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors’ responsibilities:
-
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
-
¢ The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The financial statements on pages 5 to 11 were approved by the trustees, and authorised for issue on 25 November 2025 and signed on their behalf by:
Lexie Scott Chairman and Trustee
Kathryn McClintock Trustee
The notes on pages 7 to 11 form an integral part of these financial statements.
Page 6 .
Broughshane Playgroup Limited
Notes to the Financial Statements for the Year Ended 31 August 2025
1 Charity status
The charity is limited by guarantee, incorporated in Northern Ireland, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
The address of its registered office is:
Broughshane House . 70 Main Street Broughshane Ballymena Co Antrim BT42 4W
These financial statements were authorised for issue by the trustees on 25 November 2025.
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act (Northern Ireland) 2008.
Basis of preparation
Broughshane Playgroup Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Income and endowments
.
All income is recognised once the charity has entitlement to the income, it is probable that the income will be recieved and the amount of the income receiveable can be measured reliably
Page 7
Broughshane Playgroup Limited
Notes to the Financial Statements for the Year Ended 31 August 2025
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
| Asset class | Depreciation method and rate |
|---|---|
| Improvements to leasehold property | 1% straight line |
| Fittings,furniture&equipment | 20%reducingbalance |
Trade debtors
Trade debtors are amounts due for services performed in the ordinary course of business.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Page 8
Broughshane Playgroup Limited
Notes to the Financial Statements for the Year Ended 31 August 2025
3 Income from charitable activities
| Unrestricted | ||||||
|---|---|---|---|---|---|---|
| funds | Total | Total | ||||
| General | 2025 | 2024 | ||||
| £ | £ | " | € | |||
| Fees received | 12,332 | 12,332 | 9,299 | |||
| EA Belfast | 64,476 | 64,476 | 57,110 | |||
| EA - SEN and sub cover | 5,466 | 5,466 | - | |||
| EA - Outdoor Funding | 1,620 | 1,620 | - | |||
| Donations | 926 | 926 | 100 | |||
| Fundraising | ——___4846 | 4846 | 3835 | |||
| 89,666 | 89,666 | 67,844 | ||||
| 4 Expenditure on charitable activities |
||||||
| . | Charitable | Total | Total | |||
| activitycosts | 2025 | 2024 | ||||
| £ | £ | £ | ||||
| Wages& salaries | 72,117 | 72,117 | 60,483 | |||
| EY Support | 2,653 | 2,653 | 2,097 | |||
| Stafftraining, recruitment costs& well-being | 145 | 145 | 65 | |||
| Rent& insurance | 6,190 | 6,190 | 5,554 | |||
| , | Repairs& maintenance | 403 | 403 | 737 | ||
| Telephone, postage& stationery | 1,258 | 1,258 | 1,113 | |||
| Catering | 968 | 968 | 714 | |||
| Work materials | 2,620 | 2,620 | 817 | |||
| Outings | 380 | , | 380 | - | ||
| Sundry expenses (inc. Consultancy & Accountancy) | 2,192 | 2,192 | 2,004 | |||
| Graduation & sports day costs | 25 | 25 | 26 | |||
| Classes & activities | 650 | 650 | 330 | |||
| Bank charges | 151 | 151 | 148 | |||
| Depreciation oflong leasehold property | 47 | 47 | 47 | |||
| Depreciationofplant&machiney | 725 | 725 | 906 | |||
| 90,524 | 90,524 | 75,041 |
Page 9
Broughshane Playgroup Limited
Notes to the Financial Statements for the Year Ended 31 August 2025
5 Net incoming/outgoing resources
Net outgoing resources for the year include:
Depreciation of fixed assets
----- Start of picture text -----
2025 2024
£ £
772 953
----- End of picture text -----
6 Taxation
The charity is a registered charity and is therefore exempt from taxation.
7 Tangible fixed assets
| 7 Tangible fixed assets |
|||||
|---|---|---|---|---|---|
| Land | and | Furniture and | |||
| buildings | equipment | Total | |||
| £ | £ | £ | |||
| Cost | |||||
| At 1 September 2024 | 4,643 | 23,542 | 28,185 | ||
| At 31 August 2025 | 4,643 | 23,542 | 28,185 | ||
| Depreciation | |||||
| At 1 September2024 | . | 704 | 19,918 | 20,622 | |
| Charge for the year | 46 | 725 | 771 | ||
| At 31 August 2025 | 750 | 20,643 | 21,393 | ||
| Net book value | |||||
| At 31 August 2025 | 3,893 | 2,899 | 6,792 | ||
| At31August2024 | 3,939 | 3,624 | 7,563 |
Included within the Net Book Value of Land & Buildings above is £Nil (2024- Nil) in respect of Freehold Land & Buildings and £3,893 (2024- £3,939) in respect of leasehold.
8 Cash and cash equivalents
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Cash | on hand | 18 | 32 |
| Cash | atbank | 49,558 | 49,166 |
| 49,576 | 49,198 |
Page 10
Broughshane Playgroup Limited
Notes to the Financial Statements for the Year Ended 31 August 2025
9 Creditors: amounts falling due within one year
| 2025 | 2024 | ||||||
|---|---|---|---|---|---|---|---|
| ; | £ | £ | |||||
| Other creditors | 381 | - | |||||
| Accruals | 4,286 | 3,791 | |||||
| . | 4,667 | 3,791 | |||||
| 10 Funds | |||||||
| Balance at 1 | |||||||
| September | Incoming | Resources | Balance at31 | 31 | |||
| 2024 | resources | expended | August 2025 | ||||
| £ | £ | £ | £ | ||||
| Unrestricted funds | |||||||
| General | |||||||
| General | 53,630 | 89,666 | (90,524) | 52,772 | |||
| : | Balance at 1 | ||||||
| - | September | Incoming | Resources | Balance at31 | 31 | ||
| 2023 | resources | expended | August 2024 | ||||
| £ | £ | £ | £ | ||||
| Unrestricted funds | |||||||
| General | |||||||
| General | 60,827 | 67,844 | (75,041) | 53,630 |
Page 11