THE CROWS NEST COMMUNITY PLAYROUP LIMITED Report and accounts Contents
| Page | |
|---|---|
| Company information | 1 |
| Directors’ report | 2 |
| Independent examiners report | 3-4 |
| Profit and loss account | 5 |
| Balance sheet | 6 |
| Statement ofchanges in equity | t |
| Notestotheaccounts | 8-11 |
THE CROWS NEST COMMUNITY PLAYROUP LIMITED Company Information
Directors David Condell Mrs Jacqueline Barr Mrs Olive Collins Mrs Gillian Pollock
Secretary Catherine McConnell
Accountants JAS Campbell & Co 49 Managher Road Aghadowey Coleraine Co Londonderry BT51 4DE
Registered office 127 Curragh Road Aghadodowey Coleraine Co Londonderry BT514BT
Registered number NIO37787
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THE CROWS NEST COMMUNITY PLAYROUP LIMITED Registered number: NI037787 Directors’ Report
The directors present their report and accounts for the year ended 30 June 2025.
Principal activities
The company's principal activity during the year continued to be the enhancemant, development and education of pre-school children by offering appropriate play facilities and sessional day care facilities. During the year of trading the company madea profit increasing reserves.
Directors
The following persons served as directors during the year:
David Condell
Mrs Jacqueline Barr Mrs Olive Collins Mrs Gillian Pollock
Smail company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 15 October 2025 and signed on its behalf.
David Condell Director
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THE CROWS NEST COMMUNITY PLAYROUP LIMITED
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Independent examiner's report
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for the year ended 30 June 2025
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Independent examiner's report to the charity trustees s of THE CROWS NEST COMMUNITY PLAYROUP LIMITED
| report on the accounts of the Trust for the year ended 30 June 2025, which are set out on pages 13 to 17.
Respective responsibilities of charity trustees and examiner
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008.
It is my responsibility to:
sxamine the accounts under section 65 of the Charities Act
follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act
State whether particular matters have come to my attention.
Basis of examiner's statement
| have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe:
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1, That accounting records were not kept in accordance with section 63 of the Charities Act,
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That the accounts do not accord with those accounting records S. That the accounts do not comply with the accounting requirements of the Charities Act
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That there is further information needed for a proper understanding of the accounts to be reached,
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THE CROWS NEST COMMUNITY PLAYROUP LIMITED
independent examiner's report
for the year ended 30 June 2025
Independent examiner’s statement
| have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, | have found no matters that require drawing to your attention.
Ronald Ritchie FCCA Accountant 49 Managher Road Aghadowey Coleraine BT51 4DE
\ Che Vion
12 March 2026
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THE CROWS NEST COMMUNITY PLAYROUP LIMITED Profit and Loss Account
for the year ended 30 June 2025
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|---|---|---|---|---|---|---|---|
|Notes|2025|2024|
|£|£|
|Turnover|68,120|54,617|
|Cost of sales|(2,673)|(1,835)|
|Gross|profit|65,447|52,782|
|Administrative|expenses|(66,231)|(68,476)|
|Operating|loss|(784)|(15,694)|
|Interest|receivable|Tt|183|
|Loss on|ordinary|activities|before taxation|(773)|(15,511)|
|Tax|on|loss|on|ordinary|activities|-|-|
|Loss for the financial year|(773)|(15,511)|
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§
THE CROWS NEST COMMUNITY PLAYROUP LIMITED Registered number: NIO37787
Balance Sheet
as at 30 June 2025
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|---|---|---|---|---|---|---|---|
|Notes|2025|2024|
|£|£|
|Fixed|assets|
|Tangible|assets|3|70,143|76,425|
|Investments|4|101|2,090|
|70,244|78,515|
|Current|assets|
|Cash|at|bank|and|in|hand|45,549|8,051|
|Creditors:|amounts|failing|due|
|within|one|year|5|(980)|(980)|
|Net|current|assets|14,569|7,071|
|Net|assets|84,813|85,586|
|Capital|and|reserves|
|Capital|Grant|Reserve|1,796|1,796|
|Other|Reserves|6|40.025|10,025|
|Profit|and|loss|account|72,992|73,765|
|Shareholders’ funds|84,813|85,586|
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The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
David Condell Director Approved by the board on 15 October 2025
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THE CROWS NEST COMMUNITY PLAYROUP LIMITED Statement of Changes in Equity for the year ended 30 June 2025
| Share | Share | Re- | Profit | Total | |
|---|---|---|---|---|---|
| capital | premium | valuation | and loss | ||
| reserve | account | ||||
| £ | £ | £ | £ | £ | |
| At 1 July2023 | - | 1,796 | 10,025 | 89,276 | 101,097 |
| Loss forthe financial year | (15,511) | = (15,511) | |||
| At 30June2024 | - | 1,796 | 10,025 | 73,765 | 85,586 |
| At 1 July2024 | - | 1,796 | 10,025 | 73,765 | 85,586 |
| Loss forthefinancial year | (773) | (773) | |||
| At30June2025 | - | 1,796 | 10,025 | 72,992 | 84,813 |
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THE CROWS NEST COMMUNITY PLAYROUP LIMITED Notes to the Accounts for the year ended 30 June 2025
- 1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
intangible fixed assets Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Freehold buildings | over 62.5 years |
|---|---|
| Leasehold land and buildings | over the lease term |
| Plantand machinery | over 5 years |
| Fixtures,fittings,toolsandequipment | over5years |
Investments Investments in unquoted equity instruments are measured at fair value. Changes in fair value are recognised in profit or loss. Fair value is estimated by using a valuation technique.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
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THE CROWS NEST COMMUNITY PLAYROUP LIMITED Notes to the Accounts
for the year ended 30 June 2025
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost @re translated at the rate ruling at the date of the transaction. All differences are charged to profit or lass.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense ona straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
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THE CROWS NEST COMMUNITY PLAYROUP LIMITED
Notes to the Accounts
for the year ended 30 June 2025
| 2 | Employees | 2025 | 2024 |
|---|---|---|---|
| Number | Number | ||
| Average number of persons employed bythe company | 4 | 4 | |
| 3 | Tangible fixed assets | ||
| Land and | |||
| buildings | |||
| £ | |||
| Cost | |||
| At 1 July2024 | 101,056 | ||
| Additions | = | ||
| At 30 June 2025 | 101,056 | ||
| Depreciation | |||
| At 1 July2024 | 24,631 | ||
| Charge for the year | 6,282 | ||
| At 30 June 2025 | 30,913 | ||
| Net book value | |||
| At 30 June 2025 | 70,143 | ||
| At 30 June2024 | 76,425 | ||
| 4 | Investments | ||
| Investments in | |||
| subsidiary | |||
| undertakings | |||
| £ | |||
| Cost At 1 July2024 Disposals |
2,090 (1,989) |
||
| At30June2025 | _ | 101 | |
| 5 | Creditors:amountsfallingduewithinoneyear | ae | _ |
| Tradecreditors | 980S98 |
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THE CROWS NEST COMMUNITY PLAYROUP LIMITED Notes to the Accounts
for the year ended 30 June 2025
§ Revaluation reserve
| Revaluation reserve | 2025 | 2024 |
|---|---|---|
| £ | £ | |
| At 1 July2024 | 10,025 | 10,025 |
| At30June2025 | 10,025 | 10,025 |
7 Other information
THE CROWS NEST COMMUNITY PLAYROUP LIMITED is a private company limited by shares and incorporated in Northern Ireland, Its registered office is: 127 Curragh Road Aghadodowey Coleraine Co Londonderry BTS1 4BT
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a
THE CROWS NEST COMMUNITY PLAYROUP LIMITED Detailed profit and loss account
for the year ended 30 June 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Sales | 68,120 | 54,617 |
| Costofsales | (2,673) | (1,835) |
| Gross profit | 65,447 | 52,782 |
| Administrative expenses | (66,231) | (68.476) |
| Operating ioss | (784) | (15,694) |
| Interest receivable | 11 | 183 |
| Lossbeforetax | (773) | (15,511) |
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THE CROWS NEST COMMUNITY PLAYROUP LIMITED Detailed profit and loss account for the year ended 30 June 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| 1S | 68,120 | 54,617 |
| Cost of sales | ||
| Other direct costs | 2,673 | 1,835 |
| Administrative expenses | ||
| Employee costs: | ||
| Wages and salaries Pensions Uniforms Staff training and welfare Training |
42,810 725 731 1,779 - |
45,889 1,259 1,246 1,282 - |
| Premises costs: | 46,045 | 49,676 |
| Light and heat | 3,475 | 3,515 |
| General administrative expenses: | 3,475 | 3,515 |
| Telephone and fax Stationery and printing Bank charges |
646 612 84 |
853 609 204 |
| Insurance Repairs and maintenance Depreciation |
891 7,066 6,282 |
1,059 3,646 6,730 |
| Legal and professional costs: | 15,581 | 13,101 |
| Accountancyfees Other legal and professional |
1,130 - |
1,294 890 |
| 1,130 | 2,184 | |
| 66,231 | 68,476 |
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