Company registration number: NI604615
Aughnacloy Playgroup Limited Company limited by guarantee
Unaudited abridged financial statements
30 June 2025
Aughnacloy Playgroup Limited Company limited by guarantee
Contents
| Page | |
|---|---|
| Directors and other information | 1 |
| Directors report | 2 |
| Accountant's report | 3 |
| Statement ofcomprehensive income | 4 |
| Abridged statement offinancial position | 5-6 |
| Statement ofchanges in equity | 7 |
| Notestothefinancialstatements | 8-11 |
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Aughnacloy Playgroup Limited Company limited by guarantee
Directors and other information
Directors Mrs Jane Clarke Mrs Michelle McShane Mr Simon Givan (Appointed 22 October 2024)
Company number
NI604615
Registered office Unit 1 12b Carnteel Road Aughnacloy Con Tyrone BT69 6DU
Accountant GDP Accountants Ltd 122A Moore Street Aughnacloy Co Tyrone BT69 GAA
Bankers Ulster Bank 14 High Street Omagh ; Co Tyrone BT78 1BJ
Page 1
Aughnacloy Playgroup Limited Company limited by guarantee
Directors report Year ended 30 June 2025
The directors present their report and the unaudited financial statements of the company for the year ended 30 June 2025.
Directors
The directors who served the company during the year were as follows:
Mrs Jane Clarke Mrs Michelle McShane Mr Simon Givan (Appointed 22 October 2024)
Small company provisions This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 27 March 2026 and signed on behalf of the board by:
Mrs Jane Clarke Director
Page 2
;
Aughnacloy Playgroup Limited Company limited by guarantee
Report to the board of directors on the preparation of the unaudited statutory financial statements of Aughnacloy Playgroup Limited Year ended 30 June 2025 .
In order to assist you to fulfil your duties under the Companies Act 2006, | have prepared for your approval the financial statements of Aughnacloy Playgroup Limited for the year ended 30 June 2025 which comprise the statement of comprehensive income, abridged statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given me. As a practising member of the Association of Chartered Certified Accountants , | am subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the board of directors of Aughnacloy Playgroup Limited, as a body, in accordance with the terms of my engagement letter dated 24 March 2026. My work has been undertaken solely to prepare for your approval the financial statements of Aughnacloy Playgroup Limited and state those matters that we have agreed to state to the board of directors of Aughnacloy Playgroup Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, | do not accept or assume responsibility to anyone other than Aughnacloy Playgroup Limited and its board of directors as a body for my work or for this report.
It is your duty to ensure that Aughnacloy Playgroup Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Aughnacloy Playgroup Limited. You consider that Aughnacloy Playgroup Limited is exempt from the statutory audit requirement for the year.
| have not been instructed to carry out an audit or a review of the financial statements of Aughnacloy Playgroup Limited. For this reason, | have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and | do not, therefore, express any opinion on the statutory financial statements.
GDP Accountants Ltd Chartered Certifited Accountants
122A Moore Street
Aughnacloy Co Tyrone BT69 GAA
27 March 2026
Page 3
Aughnacloy Playgroup Limited Company limited by guarantee
Statement of comprehensive income Year ended 30 June 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Turnover | 96,792 | 129,427 | |
| Cost of sales | - | - | |
| Administrative expenses | (101,879) | (99,052) | |
| Operating (loss)/profit | (5,087) | 30,375 | |
| (Loss)/profit beforetaxation | (5,087) | 30,375 | |
| Tax on (loss)/profit | - | - | |
| (Loss)/profit forthe financial yearand total | |||
| comprehensiveincome | (5,087) | 30,375 |
All the activities of the company are from continuing operations.
The notes on pages 8 to 11 form part of these financial statements.
Page 4
Aughnacloy Playgroup Limited Company limited by guarantee
Abridged statement of financial position 30 June 2025
==> picture [489 x 315] intentionally omitted <==
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|2025|2024|
|Note|£|£|£|£|
|Fixed|assets|
|Tangible|assets|6|41,608|39,334|
|41,608|39,334|
|Current|assets|
|Cash|at bank and|in|hand|58,244|66,558|
|Creditors:|58,244|66,558|
|amounts|falling|due|
|within|one year|(6,249)|(7,202)|
|Net current assets|51,995|59,356|
|Total assets|less current|liabilities|93,603|98,690|
|Net assets|93,603|98,690|
|Capital|and|reserves|
|Profit and|loss account|93,603|98,690|
|Members funds|93,603|98,690|
----- End of picture text -----
For the year ending 30 June 2025 the company 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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’.
All of the members have consented to the preparation of the abridged statement of financial position for the current year ending 30 June 2025 in accordance with Section 444(2A) of the Companies Act 2006.
The notes on pages8 to 11 form part of these financial statements.
Page 5
Aughnacloy Playgroup Limited Company limited by guarantee
Abridged statement of financial position (continued) 30 June 2025
These financial statements were approved by the board of directors and authorised for issue on 27 March 2026, and are signed on behalf of the board by:
Nirs Jane Clarke Director
Company registration number: NI604615
The notes on pages8 to 11 form part of these financial statements.
Page 6
Aughnacloy Playgroup Limited Company limited by guarantee
Statement of changes in equity Year ended 30 June 2025
| Profit and | Total | |
|---|---|---|
| loss | ||
| account | ||
| £ | £ | |
| At 1 July 2023 | 68,315 | 68,315 |
| (Loss)/profit for the year | 30,375 | 30,375 |
| Total comprehensive income forthe year | 30,375 | 30,375 |
| At 30 June 2024 and 1 July 2024 | 98,690 | 98,690 |
| (Loss)/profit forthe year | (5,087) | (5,087) |
| Total comprehensive income forthe year | (5,087) | (5,087) |
| At30June2025 | 93,603 | 93,603 |
Page 7
Notes to the financial statements Year ended 30 June 2025
- Statement of compliance
Aughnacloy Playgroup Limited Company limited by guarantee
- General information
The company is a private company limited by guarantee, registered in Northern Ireland. The address of the registered office is Aughnacloy Playgroup Limited, Unit 1, 12b Carnteel Road, Aughnacloy, Con Tyrone, BT69 6DU.
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, ‘The Financial Reporting Standard applicable in the UK and Republic of treland'.
- 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 profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in Capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Page 8
Aughnacloy Playgroup Limited Company limited by guarantee
Notes to the financial statements (continued) Year ended 30 June 2025
Tangible assets
Tangible assets are initially recorded at cost, and are 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. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
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: If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Page 9
Notes to the financial statements (continued) Year ended 30 June 2025
Aughnacloy Playgroup Limited Company limited by guarantee
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. , For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
- Limited by guarantee
The company is limited by guarantee from each member of the board of directors and does not have issued share capital. Each director undertakes to contibute to the assets of the company, in the event of the same being wound up while they are a member, or within one year after they cease to be a membe, for payment of debts and liabilities of the company contacted before they cease to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributors among themselves such amount as may be required not exceeding £1.00.
- Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2024: 4).
Page 10
Aughnacloy Playgroup Limited Company limited by guarantee
Notes to the financial statements (continued) Year ended 30 June 2025
6. Tangible assets
Tangible assets , Cost £ At 1 July 2024 39,334 Additions 2,274 At 30 June 2025 41,608 Depreciation At 1 July 2024 and 30 June 2025 - Carrying amount At 30 June 2025 41,608 At 30 June 2024 39,334
Page 11
Aughnacloy Playgroup Limited Company limited by guarantee
Detailed abridged income statement Year ended 30 June 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Turnover | ||
| Government educationalfunding Investment income Otherincoming resources |
90,966 348 5,478 |
124,320 376 4,731 |
| 96,792 | 129,427 | |
| Gross profit | 96,792 | 129,427 |
| Overheads | ||
| Administrative expenses | ||
| Wagesand salaries Stafftraining Payroll costs Uniforms Rent Waterrates Insurance Lightand heat Repairs and maintenance Security costs |
65,837 806 - 717 765 138 1,565 4,628 13,075 517 |
72,750 1,841 572 539 460 128 1,361 3,559 5,746 180 |
| Printing, postageand stationery Advertising Telephoneand broadband Playequipmentand resources Accountancyfees Bankcharges |
209 312 801 11,245 1,000 112 |
1,109 384 1,082 7,851 1,200 108 |
| General expenses | 152 | 147 |
| Music Licence | - | 35 |
| 101,879 | 99,052 | |
| Operating (loss)/profit | (5,087) | 30,375 |
| (Loss)/profitbeforetaxation | (5,087) | 30,375 |