Registration number: NI047332

Strangford & District Playgroup and Afterschool Club

trading as Strangford & District Playgroup and Afterschool Club

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Strangford & District Playgroup and Afterschool Club

trading as Strangford & District Playgroup and Afterschool Club

Company Information

Directors

Mary Swail Denise Marie Feenan Michael Quinn Deborah Hanna

Company secretary

Denise Marie Feenan

Registered office

The Playing Fields The Links Strangford Downpatrick Co Down BT30 7NB

Strangford & District Playgroup and Afterschool Club

trading as Strangford & District Playgroup and Afterschool Club

(Registration number: NI047332)
Balance Sheet as at 31 August 2025

	Note	2025	2024
Fixed assets
Tangible assets	4	14,792	18,826
Current assets
Debtors	5	-	43
Cash at bank and in hand		3	702
		3	745
Creditors: Amounts falling due within one year	6	(3,187)	(2,049)
Net current liabilities		(3,184)	(1,304)
Net assets		11,608	17,522
Reserves
Retained earnings		11,608	17,522
Surplus		11,608	17,522

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 11 July 2026 and signed on its behalf by:
 

Mary Swail Director

Strangford & District Playgroup and Afterschool Club

trading as Strangford & District Playgroup and Afterschool Club

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a company limited by guarantee, incorporated in Northern Ireland, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £Nil towards the assets of the company in the event of liquidation.

The address of its registered office is:
The Playing Fields
The Links
Strangford
Downpatrick
Co Down
BT30 7NB

These financial statements were authorised for issue by the Board on 11 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Strangford & District Playgroup and Afterschool Club

trading as Strangford & District Playgroup and Afterschool Club

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Strangford & District Playgroup and Afterschool Club

trading as Strangford & District Playgroup and Afterschool Club

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 3).

4	Tangible assets

	Land and buildings	Furniture, fittings and equipment	Other tangible assets	Total
Cost or valuation
At 1 September 2024	86,207	9,103	14,401	109,711
At 31 August 2025	86,207	9,103	14,401	109,711
Depreciation
At 1 September 2024	70,308	8,185	12,392	90,885
Charge for the year	3,448	184	402	4,034
At 31 August 2025	73,756	8,369	12,794	94,919
Carrying amount
At 31 August 2025	12,451	734	1,607	14,792
At 31 August 2024	15,899	918	2,009	18,826

Included within the net book value of land and buildings above is £12,451 (2024 - £15,899) in respect of freehold land and buildings.
 

5

Debtors

Other debtors	-	43
	-	43

Strangford & District Playgroup and Afterschool Club

trading as Strangford & District Playgroup and Afterschool Club

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

6

Creditors

Creditors: amounts falling due within one year

	Note
Due within one year
Loans and borrowings		25	25
Trade creditors		1,080	580
Taxation and social security		83	-
Accruals and deferred income		1,327	1,325
Other creditors		672	119
		3,187	2,049