Company Registration No. NI605967 (Northern Ireland)
MILLBURN COMMUNITY PRESCHOOL PLAYGROUP LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023
MILLBURN COMMUNITY PRESCHOOL PLAYGROUP LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS
| Page | |
|---|---|
| Company information | 3 |
| Directors' report | 4 |
| Accountants' report | 5 |
| Income statement | 6 |
| Statement of financial position | 7 |
| Notes to the accounts | 8 |
| Detailed profit and loss account | 9 |
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MILLBURN COMMUNITY PRESCHOOL PLAYGROUP LIMITED COMPANY INFORMATION FOR THE YEAR ENDED 31 AUGUST 2023
Directors
Nicola Moffatt Darren Stevenson
Secretary
Darren Stevenson
Company Number
NI605967 (Northern Ireland)
Registered Office
THE COMMUNITY CENTRE LINDEN AVENUE COLERAINE CO LONDONDERRY BT52 2AN NORTHERN IRELAND
Accountants
TAG Accountants (N.I.) Ltd 81a Galgorm Road Ballymena Co Antrim BT42 1AA
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MILLBURN COMMUNITY PRESCHOOL PLAYGROUP LIMITED (COMPANY NO: NI605967 NORTHERN IRELAND) DIRECTORS' REPORT
The directors present their report and accounts for the year ended 31 August 2023.
Directors
The following directors held office during the whole of the period:
Nicola Moffatt Lisa Dysart Leona McMaster
Statement of directors' responsibilities
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company provisions
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Signed on behalf of the board of directors
............................................................................
Darren Stevenson Director
Approved by the board on: 15 May 2024
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MILLBURN COMMUNITY PRESCHOOL PLAYGROUP LIMITED ACCOUNTANTS' REPORT
Accountants' report to the board of directors of Millburn Community Preschool Playgroup Limited (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 August 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 August 2023. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
TAG Accountants (N.I.) Ltd
81a Galgorm Road Ballymena Co Antrim BT42 1AA
15 May 2024
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MILLBURN COMMUNITY PRESCHOOL PLAYGROUP LIMITED INCOME STATEMENT FOR THE YEAR ENDED 31 AUGUST 2023
| Turnover Cost of sales Gross profit Administrative expenses Operating loss Loss on ordinary activities before taxation Tax on loss on ordinary activities Loss for the financial year |
2023 £ 63,979 (9,046) 54,933 (68,084) (13,151) (13,151) - (13,151) |
2022 £ 79,351 (10,025) |
|---|---|---|
| 69,326 (79,329) |
||
| (10,003) | ||
| (10,003) - |
||
| (10,003) |
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MILLBURN COMMUNITY PRESCHOOL PLAYGROUP LIMITED STATEMENT OF FINANCIAL POSITION AS AT 31 AUGUST 2023
| Notes Current assets Cash at bank and in hand Creditors: amounts falling due within one year 4 Net current (liabilities)/assets Net (liabilities)/assets Capital and reserves Profit and loss account Shareholders' funds |
2023 £ 73 (2,405) (2,332) (2,332) (2,332) (2,332) |
2022 £ 17,526 (6,707) |
|---|---|---|
| 10,819 | ||
| 10,819 | ||
| 10,819 | ||
| 10,819 |
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2024 and were signed on its behalf by
Darren Stevenson Director
Company Registration No. NI605967
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MILLBURN COMMUNITY PRESCHOOL PLAYGROUP LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023
1 Statutory information
Millburn Community Preschool Playgroup Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI605967. The registered office is THE COMMUNITY CENTRE , LINDEN AVENUE, COLERAINE, CO LONDONDERRY, BT52 2AN, NORTHERN IRELAND.
2 Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3 Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
| 4 Creditors: amounts falling due within one year Bank loans and overdrafts Taxes and social security Accruals |
2023 £ 1,911 494 - 2,405 |
2022 £ - 6,507 200 |
|---|---|---|
| 6,707 |
5 Average number of employees
During the year the average number of employees was 4 (2022: 4).
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MILLBURN COMMUNITY PRESCHOOL PLAYGROUP LIMITED DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2023
This schedule does not form part of the statutory accounts.
| Turnover Sales Cost of sales Purchases Other direct costs Gross profit Administrative expenses Wages and salaries Pensions Staff training and welfare Light and heat Telephone and fax Stationery and printing Bank charges Insurance Repairs and maintenance Sundry expenses Accountancy fees Other legal and professional Operating loss Loss on ordinary activities before taxation |
2023 £ 63,979 6,759 2,287 9,046 54,933 60,814 1,255 1,145 134 1,259 777 230 449 122 605 794 500 68,084 (13,151) (13,151) |
2022 £ 79,351 |
|---|---|---|
| 7,114 2,911 |
||
| 10,025 | ||
| 69,326 | ||
| 67,522 1,438 4,366 451 1,009 423 44 558 116 2,194 848 360 |
||
| 79,329 | ||
| (10,003) | ||
| (10,003) |
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