COMPANY REGISTRATION NUMBER: N1054445 CHARITY REGISTRATION NUMBER: NIC104520 Laughter Land Company Limited by Guarantee Unaudited Financial Statements 31 March 2024 S O'NEILL & COMPANY Chartered accountants 14 Main Street Toomebridge Co. Antrim Northern Ireland BT413TQ
Laughter Land Company Limited by Guarantee Financial Statsments Year ended 31 March 2024 Page Trustees, annual report (incorporating the director's report) Independent examiner's report to the trustees Statement of financial activities (including income and expenditure account} Statement of financial position Statement of cash flows 10 Notes to the financial statements 11 The following pages do not fonn part of the financial statements Detailed statement of financial activities 21 Notes to the detailed statement of financial activities 23
Laughter Land Company Limited by Guarantse Trustees. Annual Report (Incorporating the Director's Report) Year ended 31 March 2024 The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2024. Reference and administrative details Registered charity name Laughter Land Charity registration number NIC104520 Company registration number N1054445 Principal office and registered The Unit office Black Park Road Toomebridge Co Antrim BT413SL The trustees Ms Shania Marie McNally Ms Amy Diamond Ms Niamh Neeson Ms Maria Mccloskey Ms Amy-Beth Gervin Ms Roisin Higgins Mrs Aisling Murphy Mrs Orla Diamond Mrs Victoria Young Mrs Emma Nugent Miss Aisling Diamond Mrs Jessica McGeehan Mrs Fiona Mccann (Appointed 22 January 2025) (Appointed 22 January 2025} (Appointed 22 January 2025) (Resigned 24 October 2023) (Resigned 24 October 2023) (Resigned 22 January 2025) (Resigned 22 January 2025) (Resigned 24 October 2023) (Resigned 1 April 2023) {Resigned 24 October 2023) (Resigned 24 October 2023) (Resigned 22 January 2025) Independent examiner S O'Neill & Company 14 Main Street Toomebridge Co. Antrim Northem Ireland BT41 3TQ
Laughter Land Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2024 Structure, governance and management Organisational Structure Laughter Land was established under a Memorandum of Association which established the objects and powers of the Company and is governed under its Articles of Association. It is a charitable company limited by guarantee and was incorporated on 24 March 2005. Laughter Land's charity registration under The Charity Commission for Nl was approved on 11 March 2016. The charitable company is govemed by the Board of Directors, and directors are required to attend at each AGM There is a minimum of five directors on every Board. One third of the directors shall retire from office at the AGM. The directors to retire in every year shall be those who have been longest in office since their last election, but between persons who became Directors on the same day as those to retire shall be determined by lot. A retiring Director shall be eligible for re-election. Directors may meet together for dispatch of business, adjoum and otherwise regulate meetings as they think fit and questions arising at any meeting shall be decided by a majority of votes. In the case of an equality of votes, the Chairperson shall have a second or casting vote. The quorum necessary for the transaction of business of the directors may be fixed by directors and unless so fixed at any other number shall be five directors. New directors are briefed on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association. the committee and decision making process, key internal controls and procedures regarding funding applications, child registers, cash collection, review of wages and staffing, cheque signatories and recent perfomiance of the Trust. They are free to discuss any issue with other directors. There is no remuneration paid to any of the Directors by the Trust in relation to this role. RISK MANAGEMENT The Directors have reviewed the key risks facing the chanty and have established procedures to manage those risks. Mrs Geraldine Mccoy is appointed to supervise the day to day operations of the Company.
Laughter Land Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2024 Objectives and activities The principal activity of the Company is to enhan the development and education of children aged 3-11 in Toomebridge and its environs without distinction of gender, disability, ethnic identity, nationality, religion or political affiliation by= providing the necessary facilities for the daily care. recreation and education of children aged from advancing the education and training of persons involved in the provision of such care. and encouraging the study of the needs of such children and their families and promoting public interest in and recognition of the needs of such children and their families in the area of benefit. The focus of our work The main focus of our work continued to be the provision of pre-school to children in the local community. How our activities deliver public benefit is to enable parents of pre-school children to access affordable, safe and secure childcare which provides high quality care and education and contributes to the development and well-being of children in the local community., Those who use and benefited from our services 2024 26 14 2023 20 14 Pre-school funded Pre-school non-funded The charitable company is reglstered and inspected by the Department of Education for Northern Ireland and are required to follow and implement the Curriculum Guidance for Pre-school Education.
Laughter Land Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2024 Achievements and performance As can be seen from the numbers above, the number of children attending Laughter Land has increased during the year. At the same time, management have maintained their DENI funding allocation of 26 children and DENI have made a provisional allocation of 26 funded places for 2024125. Staff have completed all relevant training to help the Company to continue to support the children throughout the year. Recent changes in staff has seen the departure of Ms Naomi McFall who has provided many years of support and help to children in the community, all staff and the committee wish Mr McFall a51 the best in her future endeavours. We have been delighted to welcome Emma Nugent into the Laughter Land team as an invaluable help and support to our pre-school children. We are very pleased to welcome new volunteer member Ms Clara Martin which helps support the pre-school in its day to day operations and will be a great benefit for staff to support of cover as needed. Financial review The surplus for the year was £3,062 (surplus 2023. £600) which has increased {2023: increased) the total fund balance carried forward to £17,708 (2023". £14,646}. The Statement of Financial Activities for the year is detailed on page 8. Reserves policy The management committee has examined the charity's requirements for reserves in light of the main risks of the organisation. It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be belween 2 and 3 months of expenditure. Expenditure for 2023-24 was £68.731 (2022-23 £106,130) therefore the target is £11,455 to £17,182 (2022-23 £17,688 to £26,532) in general funds. At the year end the unrestricted fijnds not committed or invested in tangible fixed assets are not within the target amount range. The management committee are aware of this and have reiVed a number of grants in the 2025 financial year from different granting bodies.
Laughter Land Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (contlnued) Year ended 31 March 2024 Plans for future periods The Charity planned to continue the activities outlined above in the forthcoming years, subject to satisfactory funding arrangements. The pre-school is in need for maintenance and repair and to this end the board of directors and staff are working hard to promote fundraising and seek additional frjnding to support, repairs to flooring, increase outdoor covered play area as well as continue to develop and maintain our garden areas. We hope to continue to track in a positive financial direction in order that the pre-school can continue to thrive. Small company provisions This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. The trustees, annual report was approved on 14 April 2025 and signed on behalf of the board of trustees by.. Mrs Roisin Higgins (Chairperson) Director
Laughter Land Company Limited by Guarantee Independent Examiner's Report to the Trustees of Laughtsr Land Year ended 31 March 2024 I report to the trustees on my examination of the financial statements of Laughter Land ('the charity,) for the year ended 31 March 2024. Responsibilities and basis of report As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordan with the requirements of Charities Act (Northern Ireland) 2008 (the '2008 Act,) and the Companies Act 2006 {'the 2006 Act'}. You are satisfied that the accounts of the company are not required by charity or company law to be audited and have chosen instead to have an independent examination. Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's financial statements as carried out under section 65 of the 2008 Act. In carrying out my examination I have followed the general Directions given by the Charity Commission for Northem Ireland under section 65{9)(b) of the 2008 Act. Independent examinerfs statement I have completed my examination. I confirm that no matters have come to my attention in connection with my examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by seckn'on 386 of the 2006 Act; or the financial statements do not accord with those records., or the financial statements do not comply yth the accounting requirements of section 396 ofthe 2006 Act other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination., or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). T 028 7965 9393 info@soneillondco.com www.soneill<Endco.com 14 Moin Street Toomebridge BT413TQ CHARTERED ACCOUNTANTS IRELAND
Laughter Land Company Limited by Guarantee Independent Examinerfs Report to the Trustees of Laughter Land (continued) Year ended 31 March 2024 I confim that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. S O'Neill & Company Independent Examiner 14 Main Street Toomebridge Co. Antrim Northern Ireland BT413TQ 14 April 2025 T 028 7965 9393 info@soneillondco.com V4ww.soneillundco.com 14 Moin Street Toomebridge BT41 3TQ CHARTERED ACCOUNTANTS IRELAND
Laughter Land Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2024 2024 Restricted funds Total funds Total funds 2023 Unrestricted funds Note Income and endowments Donations and legacies Charitable activities Other trading activities Other income 52,997 52,997 8,696 3.876 6,224 50,743 43,677 12,310 8,696 3,876 6,224 Total income 18,796 52,997 71,793 106,730 Expenditure Expenditure on charitable activities Total expenditure 9,10 15.728 53,003 68,731 106,130 106,130 15,728 53,003 68,731 Net income 3,068 (6) 3,062 600 Transfers between funds 82 (82) Net movement in funds 3,150 (88) 3,062 600 Reconciliation of funds Total funds brought forward Total funds carried forward 14,558 88 14,646 14,046 17,708 17,708 14,646 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 11 to 19 fomi part of these financial statements.
Laughter Land Company Limited by Guarantee Statement of Financial Position 31 March 2024 2024 2023 Note Fixed assets Tangible fixed assets 17 1,431 1,570 Current assets Debtors Cash at bank and in hand 18 5,827 19,486 879 18,873 25,313 19,752 Creditor&: amounts falling due within one year Net current assets 19 9,036 6,676 16,277 13,076 14,646 Total assets less current liabilities 17,708 Net assets 17,708 14,646 Funds of the charity Restricted funds Unrestricted funds 88 14,558 17,708 Total charity funds 22 17,708 14,648 For the year ending 31 March 2024 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 company to obtain an audit of its financial statements for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to Companies subject to the small companies. regime. These financial statements were approved by the board of trustees and authorised for issue on 14 April 2025, and are signed on behalf of the board by-. Mrs Roisin Higgins Director Ms Amy Diamond Director The notes on pages 11 to 19 forni part of these financial statements.
Laughter Land Company Limited by Guarantee Statement of Cash Flows Year ended 31 March 2024 2024 2023 Cash flows from operating activities Net income 3,062 600 Adjustments for Depreciation of tangible fixed assets Government grant income Interest payable and similar charges Accrued expensesl(income) 339 {48,726} 247 1,908 426 {43,991} 754 {2,527) Changes in.. Trade and other debtors Trade and other creditors (4,948) 452 1,315 24 Cash generated from operations (47,664} (43,399) Interest paid Net cash used in operating activities (247) 1754) {44,153) {47,911) Cash flows from investing activities Purchase of tangible assets Net cash used in investing activities (200) (200) Cash flows from financing activities Government grant income Net cash from financing activities 48,726 43,991 48,726 43,991 Net increasel(decrease) in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year 613 18,873 19,486 {162) 19,035 18,873 The notes on pages 11 to 19 fonn part of these financial statements. 10
Laughter Land Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2024 General infomlation The charity is a public benefit entity and a prtvate company limited by guarantee, registered in Northern Ireland and a registered charity in Northern Ireland. The address of the registered office is The Unit, Black Park Road, Toomebridge, Co Antrim, BT413SL. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the 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) (Charities SORP IFRS 102)) and the Companies Act 2006. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the nCtIOnal currency of the entity. Going concem There are no material uncertainties about the Charity's ability to continue. Additional grant frJnding has been reiVed during the 2025 f nancial year. Judgements and key sources of estimation uncertainty The preparation of the financial ststements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the tems of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds. 11
Laughter Land Company Limited by Guarantee Notes to the Financial Statements fcontinuedj Year ended 31 March 2024 Accounting policies (conlinuedj Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity., it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income-. income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of serVIS is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liabilty is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates= expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governan of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable acttvities. All costs are allocated to expenditure categories reflecting the use of the resou. Direct costs attributable to a single activity are allocated directly to that activity Shared costs are apportioned beeen the activities they contribute to on a reasonable, justifiable and consistent basis. Tangible assets Tangible assets are initially recorded at cost. and subsequently stated at cost less any accumulated depreciation and impairment losses Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impaimient losses. 12
Laughter Land Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 Accounting policies (continued) Tangible assets (eontlnued) An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses. unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses. except to which it offsets any previous revaluation gain. in which case the loss is shown within other recognised gains and losses on the statement of financial activities. Depreciation Depreciation is calculated so as to write off the cost or valuats-on of an asset, less its residual value, over the useful economic life of that asset as follows.. Fixtures and fittings Equipment 20 % straight line 33 % straight line Government grants Government grants are recognised at the fair value of the asset received or re1Vable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received. Where the grant does not impose specified fijture perfOrMan-re1ated conditions on the recipient, it is recognised in income when the grant proceeds are reiVed or re1Vable. Where the grant does impose specified future perfOrMan-re1ated conditions on the recipient, it is recognised in income only when the perforMan-related conditions have been met. Where grants reiVed are prior to satisfying the revenue recognition criteria, they are recognised as a liability- Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refvnd. hen contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related servi, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. Limited by guarantee Laughter Land is a company limited by guarantee and accordingly does not have a share capital. Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of it being wound up while he or she is a member, or within one year after he or she ceases to be a member. 13
Laughter Land Company Limited by Guarantee Notes to the Financial Statsments (continued) Year ended 31 March 2024 Donations and legacies Restricted Total Funds Funds 2024 Restricted Total Funds Funds 2023 Grants Education Authorty - Engage111 Education Authority - SEB payment Education Authority - Getting Ready to Learn Education Authority - Early Years Classroom Assistant Childcare Partnership Regional Small Grant Education Authority - Pre-Sch¢)ol Funded Places 5,616 436 5,616 436 575 575 700 700 3,096 3,096 600 600 48,726 48,726 43,991 43,991 52.997 52,997 50,743 50,743 Charitable activities Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Day-care fee income Afterschools and Summer Scheme fee income 8,696 8,696 20,519 20,519 23,158 23,158 8,696 8,696 43,677 43,677 other trading activities Unrestn'cted Funds Restricted Total Funds Funds 2024 School Trip Fundraising activities Bus Money Received 114 3,762 114 3,762 3,876 3,876 Unrestricted Funds Restricted Total Funds Funds 2023 School Trip Fundraising activities Bus Money ReiVed 6,434 6,434 5,876 5,876 6.434 5,876 12,310 14
Laughter Land Company Limited by Guarantee Notes to the Financial Ststements (eontinued) Year ended 31 March 2024 Other income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Statutory Maternity Pay & Compensation 6,224 6.224 Expenditure on charitable activities by fund type Unrestricted Funds Restricted Total Funds Funds 2024 Playgroup Support costs 10,359 5,369 53,003 63,362 5,369 15,728 53,003 68,731 Unrestricted Funds Restricted Total Funds Funds 2023 Playgroup and Afterschool Club Support costs 49,465 7,449 49,216 98,681 7,449 56,914 49,216 106,130 10. Expenditure on charitable activities by activty type Activities undertaken directly Support costs Totsl funds 2024 Total fund 2023 Playgroup and Afterschool Club Governance costs 63,362 63,362 5.369 99,349 6,781 106,130 5.369 63.362 5,369 68,731 11. Analysis of support costs Total 2024 Total 2023 Communications and IT Finance costs Governance costs 242 426 6,781 7,449 5,369 5,369 15
Laughter Land Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 12. Net income Net income is stated after chargingl(credits'ng)- 2024 2023 Depreciation of tangible fixed assets 339 426 13. Independent examination fees 2024 2023 Fees payable to the independent examiner for- Independent examination of the financial statements 2,992 3,600 14. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows: 2024 2023 Wages and salaries Employer contributions to pension plans 50,535 707 75,587 816 51,242 76,403 The average head count of employees during the year was 5 (2023.. 6). The average number of full-time equivalent employees during the year is analysed as follows.. 2024 No. 2023 No. Group Leader Childcare staff No employee received employee benefits of more than £60,000 during the year (2023.. Nil). 15. Trustee remuneration and expenses No remuneration or other benefits from employment with the charity or a related entity were received by the trustees. 16
Laughter Land Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 16. Transfers between funds The following grants were received ft)r restricted purposes and have been utilised against specific costs of the project undertaken by the charity. However, there are a number of these grants that were to offset the running costs of the Charity. As a result, these funds have been transferred to Unrestricted Funds from Restricted Funds to offset the running costs. 2024 Education Authority - Getting Ready to Leaffl Education Authority - Pre-school Funded Places Total to be transferred between funds 48 82 17. Tangible fixed assets Fixtures and fittings Equipment Total Cost At 1 April 2023 Additions 7,912 200 1,243 9,155 200 At 31 March 2024 8,112 1,243 9,355 Depreciation At 1 April 2023 Charge for the year At 31 March 2024 6,783 239 802 100 7,585 339 7,022 902 7,924 Carrying amount At 31 March 2024 1,090 341 1,431 At 31 March 2023 1,129 441 1,570 18. Debtors 2024 2023 Trade debtors Prepayments and accrued income Other debtors 60 960 4,807 5,827 250 629 879 17
Laughter Land Company Limited by Guarantee Notes to the Financial Ststements (continued) Year ended 31 March 2024 19. Creditors: amounts falling due within one year 2024 2023 Payments received on account Trade creditors Accruals and deferred income Social security and other taxes 239 298 5,928 450 7,836 961 9,036 6,676 20. Pensions and other post retirement benefits Defined contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £707 (2023= £816). 21. Government grants The amounts recognised in the financial statements for govemment grants are as follows: 2024 2023 Recognised in income from donations and legacies.. Government grants income 52,997 50,743 22. Analysis of charitable funds Unrestricted funds At 1 April 2023 At Income Expenditure Transfers 31 March 2024 General funds 14,558 18,796 (15,728) 82 17,708 At 1 April 2022 At Income Expenditure Transfers 31 March 2023 General funds 14,046 50,111 (56,914) 7,315 14,558 18
Laughter Land Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 22. Analysis of charitable funds (continued) Restricted funds At 1 April 2023 At Transfers 31 March 2024 Income Expenditure Restricted Fund 1 Playgroup 88 52.997 (53,003) (82) At 1 April 2022 At Transfers 31 March 2023 Income Expenditure Restricted Fund 1 Playgroup 56,619 (49,216) (7,315) 88 23. Analysis of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Net assets 1,431 25,313 (9,036) 17,708 1,431 25,313 {9,036) 17,708 Unrestricted Funds Restricted Total Funds Funds 2023 Tangible fixed assets Cijrrent assets Creditors less than 1 year Net assets 1,570 19,664 (6,676) 14,558 1,570 19,752 (6,676) 14,646 88 88 24. Analysis of changes in net debt At At 1 Apr 2023 Cash flows 31 Mar 2024 Cash at bank and in hand 18.873 613 19,486 19
Laughter Land Company Limitsd by Guarantee Management Information Year ended 31 March 2024 The following pages do not fomi part of the financial statements. 20
Laughter Land Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 March 2024 2024 2023 Income and endowments Donations and legacies Education Authority - Engage111 Education Authority - SEB payment Education Authority - Getting Ready to Leam Education Authority - Early Years Classroom Assistant Childcare Partnership Regional Small Grant Education Authority - Pre-school Funded PlaS 5,616 436 700 575 3,096 600 48,726 43,991 52,997 50,743 Charitable activities Day-care fee income Afterschools and Summer Scheme fee income 8,696 20,519 23,158 8,696 43,677 Other trading activities School Trip Fundraising activities Bus Money Received 114 3,762 6,434 5.876 3,876 12,310 Other income Statutory Matemity Pay & Compensation 6,224 Total income 71,793 106,730 21
Laughter Land Company Limited by Guarantee Detsiled Statement of Financial Activities (continued) Year ended 31 March 2024 2024 2023 Expenditure Expenditure on charitable activities Food Purchases Wages - Playschool Pension costs Wages- Afterschool club Rent Light and heat Propety maintenance Insurance Cleaning and hygiene costs Travel expenses Transport and trips Accountancy Other professional costs Professional fees Telephone Other office costs Depreciation other interest payable and similar charges Play and learning resources Staff training General expenses Disco expenses 801 50,535 707 3,077 42,287 816 33,300 1,200 1,908 1,181 840 270 93 6,495 3,600 2,415 1,413 753 252 426 754 1,600 2,195 671 584 767 1,265 801 914 139 279 2,992 2,130 1,713 957 140 339 247 2,415 1,140 200 250 68,731 106,130 Total expenditure 68,731 106,130 Net income 3,062 600 22
Laughter Land Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities Year ended 31 March 2024 2024 2023 Expenditure on charltable activities Playgroup and Afterschools Club Activities undertaken directly Food Wages- Playschool Pension Costs Wages - Afterschools Rent Light and heat Propety maintenance Insurance Cleaning and hygiene costs Travel expenses Transport and trips Professional fees Telephone Other office costs Depreciation Play and Learning Resources Staff training General expenses Disco expenses 801 50,535 707 3,077 42,287 816 33,300 1,200 1,908 1,181 767 1,265 801 914 139 270 93 6,495 1,413 511 252 279 1,713 957 140 339 2,415 1,140 200 250 1,600 2,195 659 63,362 98,681 Support costs Telephone Depreciation 242 426 668 Governance costs Accountancy fees Other professional fees Bank charges PAYE interest 2.992 2,130 247 3,600 2,415 754 12 5,369 6,781 Expenditure on charitable activities 68,731 106,130 23