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:
- examine the accounts under section 65 of the Charities Act
- follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act
- 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:
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.
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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