R2sc21s Community Playgroup
(Company limited by guarantee)
Trustees, report and financial statements
for the year ended 31 August 2024
Company number: N1036835
Northern Ireland charity number: INIC107314
McFarland Arnold & Co
Chartered Accountants

Rascals Community Playgroup
(Company limited by guarantee)
Contents
for the year ended 31 August 2024
Page
Legal and adininisti'alive iiifoi'iiiation
Ti'ustees report
Independent exainiiiers, report
Stateinent of financial activities
Balance sheet
Notes lo the financial statements
8- 11

Rascals Community Playgroup
(Company limxted by guarantee)
Legal and administrative information
for the year ended 31 August 2024
Legal Status
The coinpany is a private liinited coinpany, liinited by uuai'antee, which was incoi'poi'ated under the Coinpanies
(Nortliei'n Ii'elaiid) Ol'der 1986 iindei. Registration Nuinbei. N1036835. It is a150 recognised a5 a charity by HM
Revenue & Custoins iindei. Reference Number XR19021. The coii)pany is a regislered chai'ity with the Chai'ity
Coininission foi. Noithei'n Ireland since 15 April 2020 undei. i'egi5ti'ation nuinbei. NIC107314.
Trustees
Rachel Ballantine (appointed l October 2024)
Cathal Mccullagh (appointed 3 June 2024)
Donna Mccullagh (appointed 3 June 2024)
Roisin Sinith (appointed 3 Jiine 2024}
Steven Tui'nei. (appointed 3 June 2024)
Jiistine McCI'ory (resigned 23 May 2024)
Charlotte Lagan (I'esigned 23 May 2024)
Brenda Gorinley (resigned 23 May 2024)
Helen Warnock (I'esigned 23 May 2024)
Registered office
and busiiiess address
62 Main Street
Gortin
Co Tyrone
BT79 8NH
Independent Examiners
McFarlaiid Ai'nold & Co
Chai'lered Accountants
8 Main Street
Newtownstewart
Co Tyrone
BT78 4AA
Bankers
Ulstei. Bank
14 Hitsh Sti'eet
Oimagh
Co Tyi'one
BT78 IBJ
Page I

Rascals Community Playgroup
(Company limited by guarantee)
Trustees, report
for the year ended 31 August 2024
The trustees present theii. report and the financial stateinents foi. the yeai. ended 31 August 2024.
Directors
Officers of the chai'itable coinpany, known as directoi's foi. the piii'pose of Coinpany law and Iriistees for the purpose of
charity law, who served dui'ints the year and up lo the date of this i-epoit al'e set out on page l.
Meinbei's of the charitable coinpany guarantee lo conti'ibule an ainount not exceeding £ I lo the assets of the chai'itable
company in the eveiit of windiiits up.
Chai'itable objects
The chai'itable coinpany was establislied to advance and to pi'oinoce the preservation and pi'otection of health ainongst
childi'en in the Gortin area of Co Tyi'one. This is doiie by the pi'ovision of play facilities aiid recreation activities in the
interests of social welfare with the object of enhar)cing the ediication and developinent of the childi'en without distinction5
of sex, l-ace, political, i'eligioii oi. other opinions. The charitable coinpany benefit5 tlie public by providing a higli staiidai'd
of pi'escliool education foi. childi'en below the complusoiy school age.
Tlie coinpany is a I'egistered charity with the Chai'ity Coininission for Norlhei'n Ireland since 15 April 2020 under
registi'ation nuinbei. NIC107314.
Organisational structui'e
The trustees Ineet I'egularly, adiminister the chai'ity and Inake all policy decisions.
Revieiv of activities and achievemeiits
The dii'ectoi's al'e awai'e that the niiinbei. of childi'en availing of the facilities needs to be Iiiaintained at the niaximuin level
of 16 to ensure the futiire viability of the playgroup. They continiie to fundraise and considei- funding available.
Reserves
Tlie I'esults for the year al'e set out on page 5. The pui'poses of the funds are outliiied in the notes to the financial
slateinents.
Voliinteers
I'he chai'itable coinpaiiy is gralelul for the iinslinting efforts of its directors and other voluiiteers wlio have continually
suppoited the activities and Inanageinent of the charitable coinpany throughout the year. As indicated in note I I to the
fiiiai)cial slateinents, the dii'ectoi's were not in receipt of any I'einunei'ation nor reiinbui'seinei)t of expenses in respect of
theii. sei-vice5 dui'it]g the year.
Taxation
The cliaritable Coinpany is accepted as a chai'ity by HM Revenue & Ciistoms under i'eference XRI 9021 and thei'efore is
exeinpt froin corpoi-ation lax.
Statement of ti'ustees, responsibilities
The li'iistees are I'esponsible foi. pi'epai'ing the Ti'ustees, Repoit and the finaiicial slalenients in ac¢oi'dance with applicable
law aiid regiilalions.
Page 2

Rascals Community Playgroup
(Company limited by guai'antee)
Trustees, report
for the year ended 31 August 2024
Coinpany law and charity law requii'es the trustees lo prepare fiiiancial stateinents for each financial year. Under that law
the trustees have elected to prepai'e the financial stateineiits in accoi'dance with applicable law and United Kingdoin
Accounting Standards (United Kingdoin Generally Accepted Aceounling Practice} including 'Accounting and Repoiting
by Chai'ilies.. Stateinent of Recoininended Pi'actice, (FRS 102 'The Financial Repoitiiig Standai'd applicable ii) the UK aiid
Republic of Ireland,). Undei. con)pany law the ti'ustees Inu5t iiot approve the financial slateiments unless they are satisfied
Iliat tliey give a ti'iie and fair view of the state of affaii's of the charitable coinpany and of the sui-pliis 01- deficit foi. that
yeai.. In prepariiig these financial staleiments, the trustees are requii'ed to..
select siiitable accounting policies and then apply them consistently.
Inake judgeinents aiid estin)ates that are reasonable and prudeiit.
state whether applicable accouiiting standai'ds and slateinenls of I'ecoiiimended pi'actice have beeii followed subject to
any depai'tiii'es disclosed and explained in the financial stateinents. and
prepare the financial stateinents 011 the going concern basis iinless it is inappi'opi'iate to presiiiiie that the chai'ity will
continue in business.
The ti'ustees are responsible for keeping adeqiiate accounting records that are sufficient to show and explain tlie charitable
coinpany's transactions and disclose with I'easonable accuracy at any time tlie financial position of the charitable coinpany
and enable thein to ensure that the financial statements comply with the Coinpanies Act 2006. They are a150 1'espon5ible
foi. safeguai'ding the assets of the charitable coinpany and hence for taking reasonable steps for the prevention and
detection of fraud and other irregulai'ities.
Special pi'ovisioiis relating to small companie5
Tliis repoi't has been prepai'ed in accordance with Statement of Recominended Pi'actice.. Accounting and Reporting by
Charities (FRS 102) and in accoi'dance with the special provisions of Pait 15 of the Coinpanies Act 2006 I-elatiiig to sinall
entities.
Thi5 repoi1 was approved by the trustees on 28 (q
and signed on it5 behalf by
Signature:
Name (iii block capitals):
Triistee
Page 3

Ilasca15 Community Playgroup
(Company limited by guarantee)
Indepen(lent examiner's R"eport to the trustee5 on the unaudited financial statements of Rascals
Community Playgroup for the year ended 31 August 2024.
We report on the financial statements of Rascals Coinmiinity Playgroup foi. the year ended 31 August 2024 which
coinprise tlie stateinent of financial activities, tlie balance sheet aiid the i'elated notes.
Respective I"esp0115ibilities of trustees and examiner
A5 the charity's ti'ustees (and also the dii'ectors of the coinpany for the pui-poses of coinpany law) you are i'esponsible for
the preparation of the financial slalenienls in accordance with Ilie requii'eineiits of Companies Act 2006. Having satisfied
ourselves that the charitable coinpany is not subject to alidit under coinpany law. and is eligible for iiidepeiident
exaimination, it is oui. responsibility to:.
eyainine the financial stateineiits undei. section 65 of the Cliarilies Act (Nl) 2008.
follow the procedui'es laid down in the genei'al dii-eclions given by the Chai'ity Coininission for Noi'thei'ii Irelaiid
uiider section 65(9)(b) of the Cliai'ities Act (Nl) 2008
stale whelhei. particular Inattei's have conie to our attention.
Basis of in(lependent examiner's report
We have exaiiiined your chai'ity fiiiancial stateinents as required linder section 65 of tlie Cliarities Act (Nl} 2008 and our
exainination was carried out iii accordance with tl)e genei-al directions given by the Charity Coinimission for Noi'iliern
Ii'elaiid uiidei. section 65(9)(b) of the Chai'ities Act (Nl) 2008. The exainination included a I'eview of the accounting
I'ecoi'ds kept by the charity and a coinparison of the financial stateinents presented with those I'ecords. 11 also included
considei'ation of any unusual iteins or disclosui'es in the financial 5tateinents and seeking explanations fi-om you as charity
trustees concerning any such matters.
Our role is to state whether any material matters have come to our attention giving us caiise to believe..
l. That accounting recoi'ds ivere not kept in accordance with section 386 of the Coillpanies Act 2006.
2. That the financial statements do not accoi'd with those accoiinting records.
3. That the financial stateinents do not coinply witli the accounting requireinenls of section 396 of the Coinpanies
Act 2006 ai)d with the Inetliods and principles of the Chai'ities Stateinent of Recoinmended Pi'actice applicable to
chai'ities preparing their financial stateinei)ts in accordaiice with the Financial Reporting Standard applicable in
tlie UK and Republic of Ireland.
4. That there is fuithei. infoi'n)ation needed foi. a proper undei'standing of the financial stateinents to be reached.
Independent examiner's statement
We have coii)pleted our exainination and have no concerns in respect of the mattel's (l) to (4) listed above and, in
connection Nvith following the directioiis of the Charity comini55ioii for Noitliei'n Ireland, we liave found no mattels that
requii'e drawing to yoiii. attention.
Chartered Accountants
Dated:
MeFaR'land Ai'nold & Co
Chartei'ed Accountants
8 Main Sti'eet
Neivtownstewart
Co Tyrone
BT78 4AA
Page 4

Rascals Community Playgroup
(Company liinited by guarantee)
Statement of financial activities
for the year ended 31 August 2024
Unrestricted Resti'icted
funds
runds
2024
Total
2023
Total
Notes
Incoming resources
Donations & fiindi'aising
Registration
Faniily siibscripiions including pi'e-preschool
Ediication authority
Othei- grants
Iiicoine fi'oni investiiients
13,470
280
7,601
29,395
13,470
280
7,601
30,687
4,300
265
4,678
220
3,895
29,773
925
50
1,292
4,300
265
Total incoming resources
51,01
5,592
56,603
39,541
Resources expended
Staff costs
Eniployei. peiision costs
Staff training
Reci'uitinent costs
Relit paid
Insurance
Light and heat
Repairs aiid Inaii)tenance
Pi'inting, posta(ye and stationery
Telephone and internet acces5
Resoui'ces
Fuiidraising expenses
Fainily ftjn day expenses
Milk & provisioiis
Early yeai's fees
Early yeai's consultant
Accountaiicy fees
Geiieral expenses
Intei'est and chai'ges
31,890
1,296
230
337
2,000
727
2,691
104
247
1,008
1,073
2,104
599
1,229
143
1,265
1,536
48
106
31,890
1,296
230
337
2,000
727
2,691
104
247
1.008
2,365
2,104
899
1,229
143
1,265
1,536
48
106
32,912
990
10
2,500
655
1,877
302
173
885
3,585
1,292
300
1,298
536
214
696
43
30
Total resources expended
(48,633)
(1,592) (50,225)
(46,278)
Net movement in funds
2,378
4,000
6,378
(6,737)
Total funds broiight foiward
3,844
3,844
10,581
Total funds carried forwai'd
6,222
4,000
10,222
3,844
The notes on pages 8 to I I form an integral part of these financial statements.
Page 5

Rascals Community Playgroup
(Company limited by £uar1i ntee)
Balance sheet
as at 31 August 2024
2024
2023
Notes
Current assets
Ca511 at bai)k and in hand
14,766
6,480
14,766
6,480
Creditors: amounts falliiig
due Ivithin oiie year
(4,544)
(2,636)
Net eurrent assels
10,222
3,844
Net assets
10,222
3,844
Funds
Unrestricted fuiids
Restricted funds
6,222
4,000
3,844
10.222
3,844
The coinpany is registered as a private liinited coinpany in Northern Ireland under Registration Numbei. N1036835.
The Iruslees, slateinents required by Section 475 (2) and (3) are shown on the following page which forins part of this
Balaiice Sheet.
The notes oil pages 8 to I I form an iiitegral part of these fiiiancial stateillent5.
Page 6

Rascals Community Playgroup
{Company limited by guarantee)
Balance sheet (continue(l)
Trustees, statements requiR'ed by Section 475 (2) and (3)
for the year ended 31 August 2024
In approving these financial statements as triistee5 of the coillpaiiy we hei'eby confirin:
(a) that foi. the yeai. slated above the coinpany was entitled lo th¢ exeinplion confei'i'ed by Section 477 of the Conipaiiies
Act 2006
(b) that no notice has been deposited at the registered office of the company piirsiiant to Section 476 of the Coinpanies
Act 2006 I'equesting that an audit be conducted for the yeai. ended 31 August 2024 and
(c) that we acknowledge our responsibility for..
( l ) ensuring that the conipany keep5 accounting records which coinply with Section 386 of the Companies Act 2006,
(2} preparing fiiiancial slateiments which give a true and fail. view of the state of the affairs of the coinpany as at the end
of the finaiicial yeai. and of its profit or loss for the yeai. then ended in accoi'daiice witl) tlie I'equii'emenls of Section 393
of the Companies Act 2006 and which otherwise coinply with the pi'ovisions of the Coinpanies Act 2006 relatiiig to the
financial slateinenls, so fai. as applicable to the col￿panY.
Tliese financial stateinents al'e prepai'ed in accordance witli Statement of Recomtnended Practice.. Accounting and
Repoiting by Chai'ities (FRS 102 'The Fiiiancial Reporting Standai'd applicable in the UK and Republic of Ireland,) and
in accordance with the special pi'ovisions of Pai't 15 of the Coinpanies Act 2006 relating to sinall entities.
The financial stateinent5 were approved by the Board on
28 Hy ￿2?
and signed on its behalf by
Signature:
Name (in block capitals):
T(Ne
1SIp SM
Trustee
Trustee
Tlie iiotes on pages 8 to I I form an integral pai't of these finAiicial statement5.
Page 7

Rascals Community Playgroup
(Company limited by guarantee)
Notes to the financial statements
for the year ended 31 August 2024
General informatlon
The coinpany is a private liiniled coinpaiiy, liimited by guai'antee, wliich was ii)coi'porated under the Coinpanies
{Noi'therii Ii'eland) Order 1986 undei. Registration Numbei. N1036835 and I'egistered chai'ity with the Charity
Con)mission for Noi'thei'n Ii'elaiid siiice 15 Api'il 2020 uiider Registi'ation Nuinber NIC 107314. The addi'ess of
the I'egistered 0￿]ce is 62 Main Sti'eet, Gortin, Co Tyrone, BT79 8NH.
Statement of comi)liance
These financial stateinents have been prepared in coinpliance with Accounting and Reporting by Chai'ities..
Siateillent of Recoininended Pi'actice (FRS 102, 'The Financial Repoiting Siandai'd applicable in tl)e UK and the
Repiiblic of Ireland,) and in accoi'dance with the Coinpanie5 Act 2006.
Aeeounting policies
Basis of prepai'ation
The financial stateinents al'e pi'epai'ed iindei. the historical cost convention and in accoi'dance with Accounting
and Reporting by Cliarities.. Statement of Recoinineiided Practice (FRS 102, 'The Financial Reporlino Staiidai'd
applicable in the UK and the Republic of li'eland,)
The charity has taken advaiitaoe of tlie exemption in FRS 102 Section IA from the requirement to produce a
cashflow stateinent because it is a small charity.
The presentation cuii'ency of these financial statenients is sterling.
Incomiiig resources
All incoine is included in full in the Stateinent of Financial Activities when receivable.
Iiicome froiii iiivestineiits 15 included iii the yeai. in wliich it is i'eceived.
Resources expended
Resources expended are i'ecognised in the year in which they al'e incurred.
Suppoit costs are those costs incurred directly in support of expeiiditui'e on the objects of tlie charity and include
pi'oject manageinent.
3.4. Fund accounting
Unresti'icted funds I'elate lo general funds which are availabl¢ foi. Iise at the discretion of the tl'LlStees in
fuithei'ance of the general objectives of Ihe cl)arity and whicli have not been designated for other piirposes.
Resti'icted funds are funds which al'e to be used in accoi'dance with specific I'estrictions iniposed by donoi's or
whicl) have been raised by the chai'ity foi. paiticulai. plliyoses. Tlie cost of i'aising aiid adiT]inistei-ing siich funds
are cliarged against tl)e specific fiind. The aiin and use of each I'esti'icted flliid is sel out iii the notes to the
finaiicial stateinents.
Page 8

Rascals Community Playgroup
(Company limited by guarantee)
Notes to the financial statcmcnts
for the year ended 31 August 2024
Financial instruments
A financial asset or a finaiicial liability is recognised only when the company becomes a paity to the contractual
pi'ovisions of the instrunient.
Basic financial insti'un)eiits al'e initially recognised at t5ie li'ansaction price, unless the arrangement constitutes a
financing ti'ai)saction, where it is recognised at the pi'esenl value of tlie future payinents discounted at a mai'ket
rale of int¢r¢sl for a similar debt insti'ument.
Debt ii)sti'uments are subsequently Ineasured at amoitised cost.
Financial assets that are Ineasured at cost or amoitised cost are reviewed for objective evidence of iinpaii'ment at
the end of each reporting dale. If Ihei'e is objective evidence of impairmeiit, an impainnenl loss is recogiiised in
pi'ofit or loss iinmediately.
For all equity instruments regardless of significance, and other fiiiancial assets that are individually sigiiificant,
these are assessed individually for impairment. Othei. financial assets oi. either assessed individually or ￿'oup¢d
on the basis of similar credit I'isk cl)aractei-islics.
Any I'eversals of iinpaii'ment are recognised in pi'ofit or10s5 immediately, to Ihe extent that the revei'sal does not
result in a carrying amount of the financial asset that exceeds what the carrying amounl would have been had the
iinpairment iiot previously beeii recogiiised.
3.6. Taxation
The Charitible company is registered as a charity foi. tax puiyoses under reference NIC107314.
As a charitible coinpany, Rascals Coinmunity Play￿-0Up is exempt from tax on income aiid gain5 falling within
Section 505 of the Taxes Act 1988 01. Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent
that these al'e applied to its charitable objects. No lax charges liave therefore arisen for the company for the year
elided 31 August 2024.
Grant income
Unrestricted Restricted
fui)ds
fuiid5
2024
2023
Education Aulliority- PEGS
Education Authority - othei.
Halifax
Fei'inanagli & Omagh District Council
28,595
800
28,595
2,092
4.000
300
23,861
5,912
,292
4,000
300
925
29,395
5,592
34,987
30.698
Page 9

Rascals Community Playgroup
(Company limited by guarantee)
Notes to the financial statements
for the year ended 31 August 2024
Employees
Number of employees
2024
Nutnber
2023
Number
The average monthly numbers of employees
(including the trustee5) during the year wei'e..
Employer pension costs
1,296
990
Creditors: amounts falling due
Ivithin one year
2024
2023
Accruals and defeiTed income
4,544
2,636
Analysis of net assets between funds
Uni'estricted Restricted
fuiids
funds
Total
funds
Fund balances at 31 August 2024 as represented by..
Current assets
Current liabilities
10,766
(4,544)
4,000
14,766
(4,544)
6,222
4,000
10,222
Unrestrictcd funds
I September 2023 Incoming Outgoing
31 August 2024
General fund
3,844
50.041
(47,663)
6,222
3,844
50,041
(47,663)
6,222
Purposes of unrestricted funds
Genei'al fi]nds are funds whtch are available for use at the discretion of the directors in fuithei'ance of the genei'al
objeclives of the charity and which have not been designated for othei. purposes.
Page 10

Rascals Community Playgroup
(Company limited by guaraiitee)
Notes to the finaiicial statements
foi. the yeaR" ended 31 August 2024
Restricted funds
I September 2023 Incoming Outgoing
31 August 2024
EA - Getting ready lo leai'n
EA - Extended sei'vices
Halifax Fouiidatioii - Staff salai-ie5
Ferinaiiagh & Oiiiagl) District Coiincil
Fainily fun day
500
792
4,000
(500)
(792)
4,000
300
(300)
5,592
(1,592)
4,000
Pui'poses of restricted funds
Resli'i¢led funds are fijnds which al-e to be used in accordance with specific I'esti'ictions iinposed by donoi's oi.
which have been I'aised by the cliarity foi. parliciilai. pui'poses. The c051 of raising and adiniiiistering such funds is
charged against the specific fund. The aiin and use of each restricted fiind is set oiil in the note above.
10.
Capital commitments
As at 31 August 2024, the chai'itible compaiiy had no capital cominittnents.
11.
Transactioiis Ivith trustees
The Ti'iistees were not in receipt of any i-einuneration nor I'eiiiibiirseinent of expenses in respect of their sei'vices
dui'ing tl)e yeai-.
The ti'iistees attend Imeelings and cai'i'y OLlt the business of the chai'itable coinpany on a voluntai'y basis.
Pagell