Loughgall Pre-School Playgroup Accounts for the year ended 30 June 2025
Loughgall Pre-School Playgroup
Accounts for the year ended 30 June 2025
Loughgall Pre-School Playgroup Accounts for the year ended 30 June 2025
| Contents | PAGE |
|---|---|
| Information and professional advisers | 1 |
| Independent Examiners report | 2 |
| Income & Expenditure account | 3 |
| Balance Sheet | 4 |
| Notes to the Accounts | 5 - 6 |
Loughgall Pre-School Playgroup Accounts for the year ended 30 June 2025
Information
Leader
Address
Accountants
Bank
Mrs Lorna Glass
34A Ballygasey Road Loughgall Armagh BT61 8HY
JSR Chartered Accountants 44 Blackisland Road Annaghmore Portadown BT62 1NE
AIB 18-20 Scotch Street Dungannon BT70 1AZ
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Loughgall Pre-School Playgroup Accounts for the year ended 30 June 2025
Independent examiner’s report to the charity members of ‘Loughgall Pre-School Playgroup’
I report on the accounts of the charity for the year ended 30[th] June 2025, which are set out on pages 3 to 6.
Respective responsibilities of charity trustees and examiner
As the charity’s members you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to:
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examine the accounts under section 65 of the Charities Act
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follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act
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state whether particular matters have come to my attention.
Basis of independent examiner’s report
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 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 members 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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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
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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.
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.
Stacie Ross FCA, MIATI 44 Blackisland Road JSR Chartered Accountants Annaghmore Portadown BT62 1NE
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Loughgall Pre-School Playgroup Accounts for the year ended 30 June 2025
INCOME & EXPENDITURE ACCOUNT
| INCOME Subscriptions and Enrolement Fees Fundraisers: Fundraising Fees Uniform Income Sale of Photographs Sponsored Bike Ride Sale of Calenders Recycling Collection Milk Rebate After School Club Grant Income EXPENSES Staff Wages and National Insurance Staff Pension Costs Toys and Equipment Rent Light & Heat Insurance Membership & Resources Purchases of Sweatshirts and uniforms Trips Telephone Repairs and Maintenance Accountancy Bank Fees Printing, Postage and Stationery Training Course & Travel Expenses Supplies Depreciation Deferred Income (release of capital grant) Total Expenses Surplus / (Defecit) |
30 June 2025 £ 75,698 1,620 334 130 1,082 73 220 147 3,815 1,400 84,519 55,619 1,989 267 2,100 746 1,165 2,736 501 99 60 923 400 509 825 267 1,276 9,260 (7,361) 71,381 13,138 13,138 |
30 June 2024 £ 44,398 1,350 420 100 1,190 121 350 124 2,580 800 |
|---|---|---|
| 51,433 | ||
| 46,009 2,303 952 2,100 1,080 1,029 2,574 910 - 49 495 400 388 774 78 896 9,015 (7,361) |
||
| 61,691 ( 10,258) |
||
| ( 10,258) |
Approved by the Committee on .
And signed on their behalf by:
Samantha Cummings Treasurer
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Loughgall Pre-School Playgroup Accounts for the year ended 30 June 2025
BALANCE SHEET Position as at 30 June 2025
| Notes: Fixed Assets Fixed Assets 2 Current Assets Cash at Bank & In Hand Debtors 3 Current Liabilities Sundry Creditors 4 Grant 5 Total Net Assets Capital and Reserves Balance B/fwd (Deficit) / Surplus for year |
30 June 2025 £ 30,524 30,524 37,674 200 37,874 963 22,614 23,577 44,820 31,682 13,138 44,820 |
30 June 2024 £ 36,471 |
|---|---|---|
| 36,471 | ||
| 26,041 200 |
||
| 26,241 | ||
| 1,054 29,975 |
||
| 31,029 | ||
| 31,682 41,940 ( 10,258) |
||
| 31,682 |
The foregoing Income & Expenditure Account and Balance Sheet were approved by the committee on 13 October 2025.
Signed on behalf of the committee
Philip Murdock Chairperson
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Loughgall Pre-School Playgroup Accounts for the year ended 30 June 2025
NOTES TO THE ACCOUNTS
1. Accounting Policies
The accounting policies adopted by the playgroup are set out below:
1.1 Cash flow statement
The playgroup has taken advantage of exemptions under Financial Reporting Standard No 1 and has not prepared a Cash Flow Statement
1.2 Value Added Tax
The playgroup is not registered for VAT.
1.3 Tangible Fixed Assets
Depreciation is provided at rates calculated to write off the cost or valuation less residual valuation of each asset over its estimated useful life, as follows:
Computer Equipment - Reducing balance over 5 years (20% pa) Building - Straight line over 15 years (6.67% pa)
1.4 Government Grants
Grants towards capital expenditure are released to the Income & Expenditure account over the expected useful life of the asset to which the grant relates.
2. Tangible fixed assets
| Cost At 1 July 2024 Additions At 30 June 2025 Depreciation At 1 July 2024 Charge for period At 30 June 2025 Net book value at 30 June 2025 Net book value at 30 June 2024 |
Equipment Building Total £ £ £ 17,131 103,904 121,035 3,313 - 3,313 |
|---|---|
| 20,444 103,904 124,348 8,774 75,790 84,564 2,334 6,926 9,260 |
|
| 11,108 82,716 93,824 |
|
| 9,336 21,188 30,524 8,357 28,114 36,471 |
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Loughgall Pre-School Playgroup Accounts for the year ended 30 June 2025
NOTES TO THE ACCOUNTS
3. Debtors & Prepayments
| Refundable Deposit Held by Church of Ireland for electric line 4. Sundry Creditors Accountancy Accrual Pension Provider 5. Government Grants At 1 July 2024 Received in year Released in year Balance at 30 June 2025 |
30 June 2025 30 June 2024 £ £ 200 200 200 200 30 June 2025 30 June 2024 £ £ 400 400 563 654 963 1,054 30 June 2025 30 June 2024 £ £ 29,975 37,336 - - ( 7,361) ( 7,361) 22,614 29,975 |
|---|---|
6. Contingent Liability
The committee recongise the possibility that if Loughgall Pre-School Playgroup were to default on the terms of the Health & Social Care Capital Grant then they may have to repay some or all of the grant received.
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