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2023-08-31-accounts

Little Acorns Community Playgroup

Accounts

for the year ended 31 August 2023

Little Acorns Community Playgroup

Contents
Page
Accountants' report 1
Income and Expenditure account 2
Balance sheet 3
Notes to the accounts 4

Little Acorns Community Playgroup

Independent examiner's report to the Trustees on the unaudited financial statements of Little Acorns

I report on the accounts of Little Acorns Playgroup for the year ended 31 August 2023 set out on pages 2 to 5.

Respective responsibilities of their and independent 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

" follow the procedures laid down in the General Directions given by the Charity Commission under section 65(9)(b) of the Act, and

Basis of independent examiner's statement

I 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 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 includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as their concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

My role is to state whether any material matters have come to my attention giving me cause to believe:

  1. That accounting records were not kept in accordance with section 63 of the Charities Act

  2. That the accounts do not accord with those accounting records

  3. That the accounts do not comply with the accounting requirements of the Charities Act

  4. That there is further information needed for a proper understanding of the accounts to be reached.

Independent examiner's statement

I 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, I have found no matters that require drawing to your attention.

_________

Ethna Grimley e a grimley & co

Chartered Accountants 30a Derrygally Rd Dungannon Co Tyrone BT71 6LZ

Page 1

Little Acorns Community Playgroup

Income & Expenditure Account for the period ended 31 August 2023

2023 2022
£ £ £ £
Fundraising 317 691
SELB Income 22,221 43,872
HSBC - 3,750
SHSCT - 114
Grant Income - 12,046
Small Regional Grants 1,824 -
Bank Interest Received 67 -
School Fees 5,310 8,649
HMRC - Employment allowance 1,481 2,386
Other income 558 187
31,778 71,695
Administrative expenses
Wages and salaries 36,737 56,398
Milk, Consumables etc 1,322 1,199
Gifts to Staff 200 -
Training 155 225
Staff pension costs 275 351
Insurance 678 588
Day Trips and Fun Days - 698
Toys 392 3,744
Light and heat 305 840
Cleaning/PPE - 49
Repairs and maintenance 9,216 296
Printing, postage and stationery 415 312
Advertising - 756
Telephone and fax 829 835
Activities 961 1,500
Legal and professional fees 949 1,989
Accountancy and Payroll Costs 978 1,450
Bank charges 328 389
Sundry expenses 143 1,500
Fundraising expenses - 17
Depreciation on freehold property 1,251 859
Depreciation on FF & Equipment 4,043 4,986
(59,177 ) (78,981 )
Net (Deficit) Surplus (27,399 ) (7,286 )

Page 2

Little Acorns Community Playgroup

Balance sheet as at 31 August 2023

Notes
Fixed assets
Tangible assets
2
Current assets
Debtors
3
Cash at bank and in hand
Current liabilities (note )
PAYE control account
Accruals
Capital Grant - new build
Net current assets
Total assets less current
liabilities
Capital account
Brought forward at 1 September 2022
Net Surplus for the year		 2023
£
-
29,704
29,704
427
1,134
10,000
11,561		 £
15,176
18,143
33,319
60,718
)
(27,399
33,319		 2022
£
1,493
49,464
50,957
25
684
10,000
10,709		 £
20,470
40,248
60,718
68,004
)
(7,286
60,718

We approve these accounts and confirm that we have made available all relevant records and information for their preparation.

Stephen Campbell Chairperson

Date: 02/02/2024

Page 3

Little Acorns Community Playgroup Notes to the accounts for the year ended 31 August 2023

1. Accounting policies

1.1. Accounting convention

The accounts are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets.

1.2. Sales

Sales represents the total invoice value, excluding value added tax, of sales made during the year.

1.3. Tangible fixed assets and depreciation

Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each asset over its expected useful life, as follows:

2. Tangible assets
2. Tangible assets Land and
buildings
freehold Equipment Total
£ £ £
Cost
At 1 September 2022 9,200 33,103 42,303
At 31 August 2023 9,200 33,103 42,303
Depreciation
At 1 September 2022 859 20,974 21,833
Charge for the year 1,251 4,043 5,294
At 31 August 2023 2,110 25,017 27,127
Net book values
At 31 August 2023 7,090 8,086 15,176
At 31 August 2022 8,341 12,129 20,470
3. Debtors 2023 2022
£ £
Trade debtors - 544
Prepayments and accrued income - 949
- 1,493

Page 4