IRIS Accounts Production v24.2.0.383 Other Company accounts True false Pounds 1.4.23 31.3.24 31.3.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true true false true false true iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC1685322023-03-31SC1685322024-03-31SC1685322023-04-012024-03-31SC1685322022-03-31SC1685322022-04-012023-03-31SC1685322023-03-31SC168532ns0:CharitableCompanyLimitedByGuarantee2023-04-012024-03-31SC168532ns15:PoundSterling2023-04-012024-03-31SC168532ns11:FRS1022023-04-012024-03-31SC168532ns11:IndependentExaminationCharity2023-04-012024-03-31SC168532ns11:SmallCompaniesRegimeForAccounts2023-04-012024-03-31SC168532ns11:FullAccounts2023-04-012024-03-31SC168532ns11:CharitiesSORP2023-04-012024-03-31SC168532ns16:EnglandWales2023-04-012024-03-31SC168532ns11:RegisteredOffice2023-04-012024-03-31SC168532ns0:Trustee22023-04-012024-03-31SC168532ns0:Trustee32023-04-012024-03-31SC168532ns0:Trustee42023-04-012024-03-31SC168532ns0:Trustee52023-04-012024-03-31SC168532ns0:Trustee62023-04-012024-03-31SC168532ns0:Trustee72023-04-012024-03-31SC168532ns0:Trustee82023-04-012024-03-31SC168532ns0:Trustee12023-04-012024-03-31SC168532ns0:Trustee92023-04-012024-03-31SC168532ns0:Trustee102023-04-012024-03-31SC168532ns11:CompanySecretary12023-04-012024-03-31SC168532ns0:TotalUnrestrictedFunds2023-04-012024-03-31SC168532ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC168532ns0:Activity82023-04-012024-03-31SC168532ns0:Activity8ns0:TotalUnrestrictedFunds2023-04-012024-03-31SC168532ns0:Activity8ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC168532ns0:Activity82022-04-012023-03-31SC168532ns0:TotalUnrestrictedFunds2023-03-31SC168532ns0:TotalRestrictedIncomeFunds2023-03-31SC168532ns0:TotalUnrestrictedFunds2024-03-31SC168532ns0:TotalRestrictedIncomeFunds2024-03-31SC168532ns0:TotalUnrestrictedFundsns10:WithinOneYear2024-03-31SC168532ns0:TotalRestrictedIncomeFundsns10:WithinOneYear2024-03-31SC168532ns10:WithinOneYear2024-03-31SC168532ns10:WithinOneYear2023-03-31SC168532ns10:LandBuildingsns10:ShortLeaseholdAssets2023-04-012024-03-31SC16853222023-04-012024-03-31SC168532ns10:OwnedAssets2023-04-012024-03-31SC168532ns10:OwnedAssets2022-04-012023-03-31SC168532ns0:TotalUnrestrictedFunds2022-04-012023-03-31SC168532ns0:TotalRestrictedIncomeFunds2022-04-012023-03-31SC168532ns0:Activity8ns0:TotalUnrestrictedFunds2022-04-012023-03-31SC168532ns0:Activity8ns0:TotalRestrictedIncomeFunds2022-04-012023-03-31SC168532ns10:LandBuildingsns10:ShortLeaseholdAssets2023-03-31SC168532ns10:LandBuildingsns10:ShortLeaseholdAssets2024-03-31SC168532ns10:LandBuildingsns10:ShortLeaseholdAssets2023-03-31
REGISTERED COMPANY NUMBER: SC168532 (Scotland)
REGISTERED CHARITY NUMBER: SC024553

















REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

LANGHOLM PLAYCARE LTD.

LANGHOLM PLAYCARE LTD.






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Report of the Trustees 1 to 3

Independent Examiner's Report 4

Statement of Financial Activities 5

Statement of Financial Position 6 to 7

Notes to the Financial Statements 8 to 13

LANGHOLM PLAYCARE LTD. (REGISTERED NUMBER: SC168532)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

ACHIEVEMENT AND PERFORMANCE
Charitable activities
Langholm Playcare Ltd has not relaxed the stringent and high strategy of monitoring infection control to high standards and regularly uses the sanitising machine purchased to reducing infection during the Covid pandemic

Early Learning and Childcare (ELCC)
Delivery of 1140 hours and the provision of meals has gone well. Meals are made in house and this service has proved popular with both children and parents. The rise in funded hours and all year-round option is proving popular with parents. This combined with the flexibility of Langholm Playcare Ltd has meant we have more children using us during holiday times

Staffing
Current staff levels are 16.
The training of staff was a priority throughout the year and continues in order to help maintain high standards.


Fundfinding
The following grants were secured during the year:

£7,000 Arthur Bell trust
£25,000 Crossdykes windfarm
£19,355 Ewehill windfarm
£4,000 Arthur Bell apprentice fund
£10,000 Cayzer Trust
£500 John and Mary Elliot Trust

Part of the above funding has been used to renew and replenish old and tired equipment, further developing both of our outside spaces. Our apprentice is now in her second year (from the above funding)

A new secure double glazing multipurpose door has been installed in one of the downstairs playrooms, now allowing daylight and fresh air to come into the room.
The downstairs toilets have been updated and renovated, with a separate nappy changing room being installed.
All these improvements keep us in line with current legislation and have been immensely beneficial to Langholm Playcare Ltd.

Parenting groups, both Baby Group (including baby massage) and Read, Play Sing, have proved very popular over the last year.

Fundraising activities
Our usual fundraising calendar has been back up and running, by holding events such as raffles, hampers, bags to school and Christmas cards.

FINANCIAL REVIEW
Reserves policy
The Trustees are aware that it is prudent to try to maintain a reserve that equates to approximately 3 months of operating expenditure in order to cover the costs in the event of closure.
It is the policy of the charity to hold general reserves in the region of 16%(minimum) to 28% of current expenditure.
This policy is reviewed by the Trustees every 3 years.

LANGHOLM PLAYCARE LTD. (REGISTERED NUMBER: SC168532)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024

FUTURE PLANS
The charity plans continuing activities as above in the forthcoming years subject to satisfactory funding arrangements.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC168532 (Scotland)

Registered Charity number
SC024553

Registered office
The Community Centre
Charles Street
Langholm
Dumfriesshire
DG13 0AA

Trustees
Miss K A Jackson (resigned 8.1.24)
Miss K Blaen (resigned 6.9.23)
A S Ratcliffe
K E Reid
N Kane
N S Paisley
C Miller (resigned 20.8.23)
J Innes (appointed 19.4.24)
R L McKinnel (appointed 5.9.23)
L A Armstrong (appointed 6.9.23)

Company Secretary
N Kane

Independent Examiner
Tattersall Bailey
Chartered Accountants
14A Main Street
Cockermouth
Cumbria
CA13 9LQ


LANGHOLM PLAYCARE LTD. (REGISTERED NUMBER: SC168532)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 18 September 2024 and signed on its behalf by:





J Innes - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
LANGHOLM PLAYCARE LTD.

I report on the accounts for the year ended 31 March 2024 set out on pages five to thirteen.

Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of the independent examiner's report
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes 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 trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement
In connection with my examination, no matter has come to my attention :

(1) which gives me reasonable cause to believe that, in any material respect, the requirements

- to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
- to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.








Luke Tattersall
The Institute of Chartered Accountants in England and Wales

Tattersall Bailey
Chartered Accountants
14A Main Street
Cockermouth
Cumbria
CA13 9LQ

18 September 2024

LANGHOLM PLAYCARE LTD.

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024

31.3.24 31.3.23
Unrestricted Restricted Total Total
funds fund funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 127,367 66,107 193,474 141,283

Charitable activities
Providing Childcare 86,509 - 86,509 91,796

Other trading activities 2 4,217 200 4,417 2,657
Investment income 3 909 - 909 163
Total 219,002 66,307 285,309 235,899

EXPENDITURE ON
Raising funds - 195 195 -

Charitable activities
Providing Childcare 176,560 66,200 242,760 204,299

Other 41,114 21,068 62,182 60,732
Total 217,674 87,463 305,137 265,031

NET INCOME/(EXPENDITURE) 1,328 (21,156 ) (19,828 ) (29,132 )


RECONCILIATION OF FUNDS
Total funds brought forward 41,771 79,347 121,118 150,250

TOTAL FUNDS CARRIED FORWARD 43,099 58,191 101,290 121,118

LANGHOLM PLAYCARE LTD. (REGISTERED NUMBER: SC168532)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

31.3.24 31.3.23
Unrestricted Restricted Total Total
funds fund funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 8 250 25,468 25,718 36,005

CURRENT ASSETS
Debtors 9 10,223 1,554 11,777 13,096
Cash at bank and in hand 58,073 31,169 89,242 100,580
68,296 32,723 101,019 113,676

CREDITORS
Amounts falling due within one year 10 (25,447 ) - (25,447 ) (28,563 )

NET CURRENT ASSETS 42,849 32,723 75,572 85,113

TOTAL ASSETS LESS CURRENT
LIABILITIES

43,099

58,191

101,290

121,118

NET ASSETS 43,099 58,191 101,290 121,118
FUNDS 11
Unrestricted funds 43,099 41,771
Restricted funds 58,191 79,347
TOTAL FUNDS 101,290 121,118

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


LANGHOLM PLAYCARE LTD. (REGISTERED NUMBER: SC168532)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 18 September 2024 and were signed on its behalf by:





J Innes - Trustee

LANGHOLM PLAYCARE LTD.

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

the requirements of Section 7 Statement of Cash Flows.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Outdoor Play Area - 20% on cost

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.


LANGHOLM PLAYCARE LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. OTHER TRADING ACTIVITIES
31.3.24 31.3.23
£    £   
Fundraising events 4,417 2,657

3. INVESTMENT INCOME
31.3.24 31.3.23
£    £   
Deposit account interest 909 163

4. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.24 31.3.23
£    £   
Depreciation - owned assets 10,287 10,287

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.


6. STAFF COSTS

The average monthly number of employees during the year was as follows:

31.3.24 31.3.23
Nursery 16 18

No employees received emoluments in excess of £60,000.


LANGHOLM PLAYCARE LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds fund funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 100,017 41,266 141,283

Charitable activities
Providing Childcare 91,796 - 91,796

Other trading activities 2,432 225 2,657
Investment income 163 - 163
Total 194,408 41,491 235,899

EXPENDITURE ON
Charitable activities
Providing Childcare 177,646 26,653 204,299

Other 50,545 10,187 60,732
Total 228,191 36,840 265,031

NET INCOME/(EXPENDITURE) (33,783 ) 4,651 (29,132 )


RECONCILIATION OF FUNDS
Total funds brought forward 75,554 74,696 150,250

TOTAL FUNDS CARRIED FORWARD 41,771 79,347 121,118

8. TANGIBLE FIXED ASSETS
Outdoor
Play Area
£   
COST
At 1 April 2023 and 31 March 2024 51,436
DEPRECIATION
At 1 April 2023 15,431
Charge for year 10,287
At 31 March 2024 25,718
NET BOOK VALUE
At 31 March 2024 25,718
At 31 March 2023 36,005

LANGHOLM PLAYCARE LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 10,083 11,784
Prepayments 1,694 1,312
11,777 13,096

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Social security and other taxes 4,097 3,462
Accruals and deferred income - 4,672
Accrued expenses 21,350 20,429
25,447 28,563

11. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.4.23 in funds funds 31.3.24
£    £    £    £   
Unrestricted funds
General fund 2,907 (2,889 ) 500 518
Designated Fund 38,864 4,217 (500 ) 42,581
41,771 1,328 - 43,099
Restricted funds
Restricted Funds 79,347 (21,156 ) - 58,191

TOTAL FUNDS 121,118 (19,828 ) - 101,290

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 214,785 (217,674 ) (2,889 )
Designated Fund 4,217 - 4,217
219,002 (217,674 ) 1,328
Restricted funds
Restricted Funds 66,307 (87,463 ) (21,156 )

TOTAL FUNDS 285,309 (305,137 ) (19,828 )


LANGHOLM PLAYCARE LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

11. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net Transfers
movement between At
At 1.4.22 in funds funds 31.3.23
£    £    £    £   
Unrestricted funds
General fund 11,623 (36,216 ) 27,500 2,907
Designated Fund 63,931 2,433 (27,500 ) 38,864
75,554 (33,783 ) - 41,771
Restricted funds
Restricted Funds 74,696 4,651 - 79,347

TOTAL FUNDS 150,250 (29,132 ) - 121,118

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 191,975 (228,191 ) (36,216 )
Designated Fund 2,433 - 2,433
194,408 (228,191 ) (33,783 )
Restricted funds
Restricted Funds 41,491 (36,840 ) 4,651

TOTAL FUNDS 235,899 (265,031 ) (29,132 )

A current year 12 months and prior year 12 months combined position is as follows:

Net Transfers
movement between At
At 1.4.22 in funds funds 31.3.24
£    £    £    £   
Unrestricted funds
General fund 11,623 (39,105 ) 28,000 518
Designated Fund 63,931 6,650 (28,000 ) 42,581
75,554 (32,455 ) - 43,099
Restricted funds
Restricted Funds 74,696 (16,505 ) - 58,191

TOTAL FUNDS 150,250 (48,960 ) - 101,290

LANGHOLM PLAYCARE LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

11. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 406,760 (445,865 ) (39,105 )
Designated Fund 6,650 - 6,650
413,410 (445,865 ) (32,455 )
Restricted funds
Restricted Funds 107,798 (124,303 ) (16,505 )

TOTAL FUNDS 521,208 (570,168 ) (48,960 )

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.