COMPANY REGISTRATION NUMBER: N1054445 CHARI REGISTRATION NUMBER: NIC104520 Laughter Land Company Limited by Guarantee Unaudited Financial Statements 31 March 2025 S O'NEILL & COMPANY Chartered accountants 14 Main Street Toomebridge Co. Antrim Northern Ireland BT413TQ
Laughter Land Company Limited by Guarantee Financial Statements Year ended 31 March 2025 Page Trustees, annual report (incorporating the director's report) Independent examinerfs report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Statement of cash flows Notes to the financial statements 10 The following pages do not form part of the financial ststements Detailed statement of financial activities 20 Notes to the detailed statement of financial activities 22
Laughter Land Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) Year ended 31 March 2025 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 2025. 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 (Appointed 22 January 2025) Ms Amy Diamond (Treasurer) (Appointed 22 January 20251 Ms Niamh Neeson (Appointed 22 January 2025} Ms Roisin Higgins (Chairperson) Mrs Aisling Murphy Mrs Orla Diamond Mrs Fiona Mccann Ms Justine Teresa Quinn {Resigned 22 January 2025) (Resigned 22 January 2025) Independent examiner S O'Neill & Company 14 Main Street Toomebridge Co. Antrim Northern Ireland BT413TQ
Laughter Land Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 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 beeen 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, adjourn 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 performance 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 charity and have established procedures to manage those risks. Mrs Geraldine Mccoy is appointed to supeNise the day to day operations of the Company and assumed post in July 2022.
Laughter Land Company Limited by Guarantse Trustees. Annual Report (Incorporating the Directorfs Report) (continued) Year ended 31 March 2025 Objectives and actNities The principal activity of the Company is to enhance the development and education of children aged 2 years and 10 months up to the age of 4years 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,. 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. Previously after school childcare had been an additional focus of the organisation but due to stafFing issues this facility was forced to close in December 2022 and has thus far not been re-established. How our activities deliver public benefit is to- 1. 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. The charitable company is registered and inspected by the Department of Education for Northern Ireland and are required to follow and implement the Curriculum Guidance for Pre-school Education. Early years inspectors last follow up inspection was October 2024 which was successful and all recommendations fully implemented. The Pre-school currently employs three full time staff members and they are supported in their role through our early years advisor, Mrs Ann Dixon, who is employed on behalf of the organisation as an Independent Early Years Advisor. Mrs Dixon visits us up to 5 times per year providing staff training, advice on the curriculum, networking and help with other playgroup matters.
Laughter Land Company Limited by Guarantse Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 Achievements and perforniance Numbers in 202412025 have remained steady, however due to low birth rates in the local area there is a predicted dip in child numbers anticipated for the school year 202512026. This is inevitably likely to have a financial impact on the pre-school for which the directors are taking measures to mitigate, such as the admission of pre pre-school children earlier in September 2025, and the inclusion of a pre-school and pre pre-school mixed class. This provides much needed economic support for the pre-school and provides an engaging and more varied learning perspective for our children with the sharing of education with a wider mix of age ranges. Our organisation was delighted to celebrate in the success as nominated finalists for the Local Women Magazine Education Awards in May 2025 in the Europa Hotel, Belfast. Out staff were nominated in the category of 'Best Early Years Team of the Yearf. Unfortunately, they were runners up in this category, however we are proud of our staff in being recognised in this way out of many organisations across Northern Ireland. This is a shining example of the excellent levels of care and education our staff provide to our local children. Financial review The surplus for the year was £9,186 (surplus 2024.. £3,062) which has increased (2024.. increased) the total fund balance carried fOard is £26,894 (2024: £17,708). The Statement of Financial Activities for the year is detailed on page 7. 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 beeen 2 and 3 months of expenditure. Expenditure for 2024-25 was £65,709 (2023-24 £68,731) therefore the target is £10,951 to £16,427 12023-24 £11,455 to £17,182} in general funds. At the year end the unrestricted funds not committed or invested in tangible fixed assets are within the target amount range. The management committee are aware of this and have received a number of grants in the 2026 financial year from different granting bodies.
Laughter Land Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directorfs Report) (continued) Year ended 31 March 2025 Plans for future periods The organisation will be pressing ahead with additional fundraising in the year 202512026 to attempt to mitigate any financial strains felt due to reduced child numbers. We are increasing our use of online sources of fundraising via social media and online payment options for both school fees and donations. It is noted that the organisation anticipates the pre-school will return to full capacity in the term 202612027. We also plan to welcome Ms Geraldine Spillane into her role as head of the Pre School, stepping into her new role in July 2025. We wish to extend our sincerest thanks to Mrs Geraldine Mccoy who is continuing to support our organisation in the role as deputy leader. The committee and its directors continued to explore grant options for the organisation in the year ahead to secure the financial stability of the pre-school. 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 2 December 2025 and signed on behalf of the board of trustees by.. Roisin Higgins Chairperson Amy Diamond Treasurer A h(a..d
Laughter Land Company Limited by Guarantee Independent Examiner's Report to the Trustees of Laughter Land Year ended 31 March 2025 I report to the trustees on my examination of the financial statements of Laughter Land ('the charity,) for the year ended 31 March 2025. Responsibilities and basis of report As the trustees of the company land also its directors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordance 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 Northern Ireland under section 65{9llb) 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 section 386 of the 2006 Act" or the financial statements do not accord with those records-. or the financial statements do not comply with the accounting requirements of section 396 of the 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). I confirm 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 BT41 3TQ 2 December 2025
Laughter Land Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2025 2025 Restricted funds Totsl funds Total funds 2024 Unrestricted funds Note Income and endowments Donations and legacies Charitable activities Other trading activities Other income 63,620 63,620 8,121 3,154 52,997 8,696 3,876 6,224 8,121 3,154 Total income 11.275 63,620 74,895 71,793 Expenditure Expenditure on charitable activities Total expenditure 9.10 17,046 17,046 48,663 65,709 68,731 68,731 48,663 65,709 Net income (5,771) 14,957 9,186 3,062 Transfers between funds 13,363 (13,363} Net movement in funds 7,592 1,594 9,186 3,062 Reconciliation of funds Total funds brought forward Total funds carried forward 17,708 17,708 14,646 17,708 25,300 1.594 26,894 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 10 to 18 fomi part of these financial statements.
Laughter Land Company Limited by Guarantee Statement of Financial Position 31 March 2025 2025 2024 Note Fixed assets Tangible fixed assets 17 1,336 1,431 Current assets Debtors Cash at bank and in hand 18 2,626 33,135 5,827 19,486 25,313 35,761 Creditors: amounts falling due within one year Net current assets 19 10,203 9,036 25,558 16,277 Total assets less current liabilities 26,894 17,708 Net assets 26,894 17,708 Funds of the charity Restricted funds Unrestricted funds 25,300 1,594 26,894 17,708 Total charity funds 22 17,708 For the year ending 31 March 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 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 2 December 2025, and are signed on behalf of the board by.. Roisin Higgins Chair erson Amy Diamond Treasurer The notes on pages 10 to 18 forrn part of these financial ststements.
Laughter Land Company Limited by Guarantee Statement of Cash Flows Year ended 31 March 2025 2025 2024 Cash flov from operating activities Net income 9,186 3,062 Adjustments for." Depreciation of tsngible fixed assets Government grant income Interest payable and similar charges Accrued expenses 295 (60,720} 166 1,482 339 (48,726} 247 1,908 Changes in." Trade and other debtors Trade and other creditors 3,201 {313) (4,948) 452 Cash generated from operations (46,7041 (47,664} Interest paid Net cash used in operating activities (1661 (46,870) {247} (47,911) Cash flows from investing activities Purchase of tangible assets Net cash used in investing activities (200) (200) (200) (2001 Cash flows from financing activities Government grant income Net cash from financing activities 60,720 48,726 60,720 48,726 Net increase in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year 13,649 19,486 613 18,873 19,486 33,135 The notes on pages 10 to 18 fom part of these financial statements.
Laughter Land Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2025 General infomation The charity is 2 public benefit entity and a private 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 (FRS 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 functional currency of the entity. Going concern There are no material uncertainties about the Charity's ability to continue. Additional grant funding has been received during the 2026 financial year. Judgements and key sources of estimation uncertainty The preparation of the financial statements 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 terms of an appeal, and fall into one of Iwo sub-classes.. restricted income funds or endowment funds. 10
Laughter Land Company Limited by Guarantee Notes to the Financial Statements (conlvnued) Year ended 31 March 2025 Accounting policies (continued) 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 eviden 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 services 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 liability 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 ctivities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the chaiity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. 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 impairment losses. 11
Laughter Land Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2025 Accounting policies (contlnuedj Tangible assets (Continued) 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 valuation 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 receivable. 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 future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received 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 refund. 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 service, 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. 12
Laughter Land Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2025 Donations and legacies Restricted Total Funds Funds 2025 Restricted Total Funds Funds 2024 Grants Education Authority - Outdoor Leaming Project Education Authority - Getting Ready to Learn Education Authority - Early Years Classroom Assistant CCP Grant Education Authority - Pre-school Funded Places 2,000 2,000 900 900 575 575 3,096 600 3,096 600 60,720 60,720 48,726 48,726 63,620 63,620 52,997 52,997 Charitable activities Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Other playgroup income 8,121 8,121 8,696 8,696 Other trading activities Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 School Trip Fundraising activities 138 3,016 138 3,016 3,154 114 3,762 114 3,762 3,876 3,154 3,876 Other income Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 ststutory Maternity Pay & Compensation 6,224 6,224 13
Laughter Land Company Limited by Guarantee Notes to the Financial Statements [ntinued} Year ended 31 March 2025 Expenditure on charitable activities by fund type Unrestricted Funds Restricted Total Funds Funds 2025 Playgroup Support costs 9,807 7,239 48,663 58,470 7,239 17,046 48,663 65,709 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 10. Expenditure on charitable activities by activity type Activities undertaken directly Support costs Total funds 2025 Total fttnd 2024 Playgroup Governance costs 58,470 58,470 7,239 63,362 5,369 7,239 58.470 7,239 65,709 68,731 11. Analysis of support costs Total 2025 Total 2024 Governance costs 7,239 5,369 12. Net income Net income is stated after chargingl(crediting)= 2025 2024 Depreciation of tangible fixed assets 295 339 13. Independent examination fees 2025 2024 Fees payable to the independent examiner for= Independent examination of the financial statements 3,148 2,992 14
Laughter Land Company Limited by Guarantee Notes to the Financial Ststements (continued) Year ended 31 March 2025 14. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2025 2024 Wages and salaries Employer contributs'ons to pension plans 47,528 666 50,535 707 48,194 51,242 The average head count of employees during the year was 4 {2024: 5). No employee received employee benefits of more than £60,000 during the year (2024" 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. Transfers between funds The following grants were received for 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. 2025 Education Authority - Getting Ready to Learn Education Authority - Pre-school Funded Places Total to be transferred between funds (1) 13,364 13,363 15
Laughter Land Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2025 17. Tangible fixed assets Fixtures and fittings Equipment Total Cost At 1 April 2024 Additions 8,112 200 1,243 9,355 200 At 31 March 2025 8,312 1,243 9,555 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 7,022 225 902 70 7,924 295 7,247 972 8,219 Carrying amount At 31 March 2025 1,065 271 1,336 1,431 At 31 March 2024 1,090 341 18. Debtors 2025 2024 Trade debtors Prepayments and accrued income Other debtors 60 583 1,983 60 960 4,807 2,626 5,827 19. Creditors: amounts falling due within one year 2025 2024 Payments received on account Accruals and deferred income Social security and other taxes 239 7,836 961 9,316 887 10,203 9,036 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 £666 (2024.. £707). 16
Laughter Land Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2025 21. Government grants The amounts recognised in the financial ststements for government grants are as follows.. 2025 2024 Recognised in income from donations and legacies: Government grants income 63,620 52,997 22. Analysis of charitable funds Unrestricted funds At 1 April 2024 At31 Transfers March 2025 Income Expenditure General funds 17,708 11,275 (17,046) 13,363 25,300 At 1 April 2023 At31 Transfers March 2024 Income Expenditure General funds 14,558 18,796 (15,728) 82 17,708 Restricted funds At 1 April 2024 At31 Transfers March 2025 Income Expenditure Restricted Fund 1 Playgroup 63,620 (48,663) {13,3631 1,594 At 1 April 2023 At31 Transfers March 2024 Income Expenditure Restricted Fund 1 Playgroup 88 52,997 (53,0031 {82} 17
Laughter Land Company Limited by Guarantee Notes to the Financial Statements (¢ontinuedJ Year ended 31 March 2025 23. Analysis of net assets between funds Unrestricted Total Funds Funds 2025 Tangible fixed assets Current assets Creditors less than 1 year Net assets 1,336 35,761 (10,203) 26,894 1,336 35,761 (10.203) 26,894 Unrestricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Net assets 1,431 25,313 (9,036) 1,431 25,313 (9,036) 17,708 17,708 24. Analysis of changes in net debt At At 1 Apr 2024 Cash flows 31 Mar 2025 Cash at bank and in hand 19,486 13,649 33,135 18
Laughter Land Company Limited by Guarantee Management Information Year ended 31 March 2025 The following pages do not fom) part of the financial statements. 19
Laughter Land Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 March 2025 2025 2024 Income and endowments Donations and legacies Education Authority - Outdoor Learning Project Education Authority - Getting Ready to Learn Education Authority - Early Years Classroom Assistant CCP Grant Education Authority - Pre-school Funded Places 2,000 900 575 3,096 600 48,726 60,720 63,620 52,997 Charitable activities Other playgroup income 8,121 8,696 Other trading activities School Trip Fundraising activities 138 3,016 3,154 114 3,762 3,876 other income statutory Maternity Pay & Compensation 6,224 Total income 74,895 71,793 20
Laughter Land Company Limited by Guarantee Detailed Statement of Financial Activities (contlnued) Year ended 31 March 2025 2025 2024 Expenditure Expenditure on charitable activities Food Purchases Wages - Playschool Pension costs Rent Light and heat Repairs and maintenance Insurance Cleaning and hygiene costs 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 Fundraising expenses 785 47,528 666 800 1,678 491 858 105 90 3,812 3,261 1,227 954 209 295 166 2,376 75 65 268 801 50,535 707 767 1,265 801 914 139 279 2,992 2,130 1,713 957 140 339 247 2,415 1,140 200 250 65,709 68,731 Total expenditure 65,709 68,731 Net income 9,186 3,062 21
Laughter Land Company Limited by Guarantee Notes to the Detsiled Ststement of Financial Activities Year ended 31 March 2025 2025 2024 Expenditure on charitable activities Playgroup Activities undertaken directly Food Wages - Playschool Pension Costs Rent Light and heat Propety maintenance Insurance Cleaning and hygiene costs Transport and trips Professional fees Telephone Other office costs Depreciation Play and Learning Resources Staff training General expenses Fundraising expenses 785 47,528 666 800 1,678 491 858 105 90 1,227 954 209 295 2,376 75 65 268 801 50,535 707 767 1,265 801 914 139 279 1,713 957 140 339 2,415 1,140 200 250 58,470 63,362 Governance costs Accountancy fees Other professional fees Bank charges 3,812 3,261 166 2,992 2,130 247 7,239 5,369 Expenditure on charitable activities 65,709 68,731 22