Discovering Kids Playgroup
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
STATEMENT OTr FINANCIAL ACTIvrr
Note
Unrestricted Restricred
Fund5
Funds
Total
2024
Total
2023
Incom
Income from charitable activities
Granls and donations
Tola] income
12.638
58.7(K)
71.338
12,638
58,700
71,338
10.655
65,550
76.205
enditure
Expenditure on charitable activtties
Total expenditure
74.326
74,326
74J26
74J26
74,997
74,997
Net incomel(expendlture) and net
movement in funds for the year
(2.988)
(2988)
,208
Reconeilirdtion of funds
Total funds brought forward
Total funds carrkd forward
29,139
26.151
29,139
2A151
27,931
29.139
The statement of financial activities includes all gains and losses recognised in the year. All
income and expenditure derive from continuing activities.

Discovering Klds Playgroup
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
BALANCE SHEET
Note
2024
2023
Fixed A&sets
Tangible Assets
Total Fixed Assets
13,772 17,546
13,772 17.546
Current &ssets
Cash at bank and in hand
Debtors
Tots] Current Assets
14853
13.180
125
13,305
14W3
Liabilities
Creditors: Amounts falling due
within one year
(2A74) (1,712)
Net Assets
4151
29.139
The funds of the charity:
Unrestricted income funds
Restricted income funds
26,￿1
29.139
26,ISI
29.139
Thc notss form part of these accounL
The financJAI statements were approved by the trnstees on 21 November 2024 and Signed on
their behalf by:
Karen Brown
Chair
Michael O'Boyle

Discovering Kids Playgroup
Notes to the Financial Statements for the year ended 31 August
2024
Accounting Policies
The principal accounting policies adopted in the preparation of the financial statemeAts are as
follows:
(a) Basis of preparation
The financial statements have been Prepared in accordance with Accounting and Reporting
by Charities: Statement of Rpxommended Practice applicable to chlrities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) (effective l January 2015) - (Charities SORP (FRS 102)).
In preparing the accounts, the trustees have considered whether in applying ihe accounting
policies required by FRS 102 and the Charities SORP FRS 102 that no restatement of
comparative items was required.
(b) Income
Grants that relate to specific capital expenditure are treated as restricted income which is
credited to the Statement of Financial Activities when received1r￿lYab1e. Revenue grants
a￿ credited to the Statement of Financial Activiti¢s in accordance with the tertn5 of the granL
Donations are included in the Statement of Financial Activities when receivable.
(c) Resources expended
Support costs in furtherance ol the objeetiv&s of the charlty
This represents atl expenditure directly attributable to Ch￿itable causes.
Management and Administration
This includes all expenditure not directly allocated above. Overhead costs have been
attributed to ￿ management and adrninistration of the charity.
(d) Fixed Assets
Depreciallon is calculatrd so as to write off the cost of an a&set over the useful economic life
of that asset as follows:
Equipment- 5% per annum
(e) Funds Structure

The playgroups have various types of funds for which it is responsible and which require
separate disclosure. These are as follows:
Restricted funds
Income receivable is earnwked by the dooor for sExcifi¢ purposes. Such purposes are within
the overall aims of the organisation.
Unrestricted funds
Funds which are expcndable at the discretion of the company in furtherance of the objectives
of the ¢harity. In addiuon. ￿ndS may be held in order to finance capital investinent and
working capital.
(f) Pensions
Existing employees of the charity are auto enrolled in the NFST pension scheme unless they
bave exercised their right to opt out. The employer's contributions made to the scheme in
2024 was £791 (2023: £592) with an employer's contribution rate of 3% and an employee's
contribution of 5% of pensionable pay.
INCOME
Unffstricted Rcstrided
Funds
Funds
Total
2024
Total
21)23
Income from charitable activities:
Playgroup fees
Oiher income
9.768
9,768
402
8.363
53
Milk nionics
Fundraising
Total income from charitsble
activiti
158
2,081
2.468
2868
[2.638
12
10.655
Grants & I)onations:
EA Grant
Grant- sustainability grnnt
Grant- resiart
Grant- get ready to learn
Grant- childc￿e rccoyery support
Donation
Totsl grants & donations
Totsl income
58.7(M)
58.7(
60,450
3.1
65,550
76.205
58.7(K)
71.338
58,7
71J38
io

EXPENDrruRE
Unrestricied Restricted
Funds
Funds
Total
2024
Total
2023
Expenditure on Charitable
Activities:
Wages
Employer Pension ContritAEtions
Play Mat¢rials & Consumables
Early Years Advisor
Food & Sundries
Rent
Repairs & Renewals
Insurance
Telephone
Staiionery & Advertising
Heat & Lighi
Donations
Water Rates
Pest Con￿1
Computer equipment
Bus hire
Cleaning
Staff clothing
Sundry ExFnses
Deprecialion
Accountancy
Bank & Credit Card fees
Total
57,805
791
3(*
1.6
2.105
520
430
1,255
999
413
1201
57I05
791
58,679
592
929
1,690
1.949
520
89
1,220
1,437
277
1.221
285
463
130
1ffi90
2.105
520
430
1255
413
1201
524
139
35
250
132
524
139
35
250
132
200
127
493
3.774
493
3,774
1,164
323
1,104
180
74,997
2CKJ
74,326
74?26

ANALYSIS OF CHARITABLE FUNDS
Analysis of movements in unrestricted funds
Balanc¢ I Incoming
Septeml
T￿OUrCeS
2023
Resources Funds 31
expended
August
2024
Gencial fund
Total
29.139
29.139
71.338
71.338
(74,326)
(74,326)
26,151
26.151
Analysis of movements in restricted funds
Balance I
Septembcr
21r23
Incoming Resources
rcsouiccs expended
Funds 31
August
2024
Reslricted income fund
Total
12

TANGIBLE FIXED ASSErs
Freehohl
Fixtures
LAnd & Fittings &
Building5 Equipm¢nt
Totsl
As at I Sep￿MlKr 2023
Additions
As at 31 August 2024
46,725
28.758
75.483
46.725
28,758
75.483
Depreciation
As at I September 2023
Charge for year
As gt 31 August 2024
31.717
2.336
34.053
26,220
1,438
27.658
57.937
3.774
61,711
Net Book Val
As at I SeptemEtr 2023
As At 31 2024
15.(K)8
12,672
2.538
i.i(x)
17.546
13,772
DEBTORS
2023
Taxation aThd social security cos15
125
125
CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2023
Accountancy
Rent
Taxation and social security costs
NEST
Wages & salaries control account
1.092
1.092
520
245
19
81
1,712
2,474
13