## **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 - " examine the accounts under section 65 of the Act, " follow the procedures laid down in the General Directions given by the Charity Commission under section 65(9)(b) of the Act, and - " to state whether particular matters have come to my attention. ## 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: - Land and buildings Straight Line over years Fixtures, fittings - and equipment 25% Straight Line ## **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**