LittIe Smarties Playgroup Accounts for the year ended 31 August 2023
Little Smarties Playgroup Information Accountants Gerard O'Brien & Co. Accountants 27 Main Street, Belleek, Co. Fermanagh. BT93 3FY Business address Gillaroo Court Garrison Co.Fennanagh Bankers Bank of Ireland Main Street. Belleek, Co. F¢rn)anagh. BT93 3FY
Little Smarties Playgroup Contents Pgge Accountants, report Income & Expenditure account Balance sheet Notes to the accounts
Little Smarties Playgroup Accountants, Report on the Unaudited Accounts to Little Smarties Playgroup As described on page 3 you have approved the accounts for the year ended 31 August 2023 set out on pages 2 to 5. In accordance with your instructions we have compiled these unaudited accounts from the accoun(ing records and information and explanations supplied to us. eiard O'Brien & Co. Accountants 27 Main Street. Belleek, Co. Fermanagh. BT93 3FY Page I
Little snrties Playgroup Income & Expenditure account for the year ended 31 August 2023 2023 2022 Income Parents fees Fundraising - Cash for clobber EA - PEAGS places EA - SEN costs Fundraising Other Income Revenue grants COVJD Grants Engage Funding Amortisation of capital grants 1,357 200 26,995 2,235 40,820 10,254 1,156 15,504 50 3,673 2,961 9.752 4,720 2.510 2,377 2,371 52,527 74,408 Expenses Wages and salaries Early years specialist Local shopping bills Graduation expenses Uniforn]s Educational supplies Educational activities Catering Staff Cover Staff training Insurance Light and heat Repairs and maintenance Postage and stationery Advertising Telephone and fax Computer costs Room Hire Travelling and subsistence Legal and professÉonal fees Accountancy Bank chaTges Sundry expenses School Trip Depreciation on freehold property Depreciation on FF & Equipment 31,467 270 1,678 52,947 900 979 519 234 2,558 1.060 783 510 2,495 688 928 990 23 2,977 546 825 375 106 864 1,321 1,729 280 1,237 1,124 75 170 70 90 420 236 1.034 75 450 137 408 87 1,796 2,018 1,724 1.806 (49,391) (71,619) Net profit 3,136 2,789 Page 2
Little Smarties Playgroup Balance sheet as at 31 August 2023 2023 2022 Notes Fixed assets Tangible assets 52,989 56,298 Current assets Debtors Cash at bank and in hand 105 22,372 18,658 22,477 18.658 Current liabilities (note 4) Other creditors Accruals 256 450 450 450 706 Net current assets 22,027 17,952 Total assets less current liabilities 75,016 74,250 Long-term liabilities (43,953) (46.323) Net assets 31,063 27.927 Capital account B Tought forward at I September 2022 Profit for the year 27.927 3,136 25,138 2,789 31.063 27,927 I approve these accounts and confirm that I have made available all relevant records and inforniation for their preparation. Michelle Leonard - Chairperson Date: Page I
Little Smarties Playgroup Notes to the accounts for the year ended 31 August 2023 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. Revenue grants Revenue grant receipts comprise the following. Callagheen Windfann, Dept of Education recovery sustainability fund. Dept of Education - Extended services programme Childcare 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 Fixtures, fittings and equipment Straight Line over 4I0 Reducing Balance years 20I0 Reducing Balan Tangible assets Land and buildings rreehold Equipment Total Cost At I September 2022 Additions 70,555 25,877 222 96.432 222 At 31 August 2023 70.555 26,099 96.654 Depreciation At I September 2022 Charge for the year 27.458 1,724 12,677 1,806 40.135 3.530 At 31 August 2023 29,182 14,483 43,665 Net book values At 31 August 2023 41.373 11,616 52,989 At 31 August 2022 43,097 13,200 56,297 Tangible assets additions in the year include equipment nded by. DAERA Rural Micro Capital grant programme. Dept of Education Engage & OutdiK)r lening programmes. Fermanagh & Omagh District Council. Debtors 2023 2022 Other debtors 105 Page 4
Little Smarties Playgroup Notes to the accounts for the year ended 31 August 2023 Current liabilities 2023 2022 Taxes and social security costs Accruals and deferred income 256 450 450 450 706 Long-term liabilities 2023 2022 Deferred Capital grants 43,953 46,323 Page 5