Castlewellan Community Playgroup |
Registered number: |
NI065181 |
Balance Sheet |
as at 30 June 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Current assets |
Cash at bank and in hand |
|
|
29,048 |
|
|
24,165 |
|
Creditors: amounts falling due within one year |
4 |
|
(1,305) |
|
|
(1,751) |
|
Net current assets |
|
|
|
27,743 |
|
|
22,414 |
|
Net assets |
|
|
|
27,743 |
|
|
22,414 |
|
|
|
|
|
|
|
|
Capital and reserves |
Profit and loss account |
|
|
|
27,743 |
|
|
22,414 |
|
Total Funds |
|
|
|
27,743 |
|
|
22,414 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
Sandra Rice |
Treasurer |
Approved by the board on 19 March 2025 |
|
Castlewellan Community Playgroup |
Notes to the Accounts |
for the year ended 30 June 2024 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideratoin received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownnership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for the work performed to date to the total estimated contract costs. |
|
|
Tangible Fixed Assets |
|
Tangible fixed assets are measured at costless accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follow: |
|
|
Resources expended |
|
Expenditure is accounted for on an accrual 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. |
|
Taxation |
|
The charity is exempt from 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. |
|
Fixtures, fittings, tools and equipment |
|
|
20% Straight Line |
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
5 |
|
5 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
£ |
|
Cost |
|
At 1 July 2023 |
48,085 |
|
At 30 June 2024 |
48,085 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2023 |
48,085 |
|
At 30 June 2024 |
48,085 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2024 |
- |
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Other taxes and social security costs |
1,107 |
|
863 |
|
Other creditors |
198 |
|
888 |
|
|
|
|
|
|
1,305 |
|
1,751 |
|
|
|
|
|
|
|
|
|
|
5 |
Other information |
|
|
Castlewellan Community Playgroup is a private company limited by shares and incorporated in Northern Ireland. |