2023-03-31-accounts

			Page
	Trustees report		1-7
	Statement ofTrustees	responsibilities
	Independent auditor's	report	9-12
	Statement offinancial	activities	13
	Balance sheet		14
r	Statement ofcash flows		15
	Notes to the flnanclal	statements	16-25

The Trustees who served during the year and up tothe date of	The Trustees who served during the year and up tothe date of	signature	ofthe financial statements	were:
Sister N Emperor	(Appointed	11April	2022)
Hannah Kaama	(Appointed	11April	2022)
Sister Eileen McLoughlin	(Appointed	11April	2022)
Sister Lorna Welsh	(Appointed	11April	2022)
Sister Margaret Patricia Gallagher	(Appointed	11April	2022)
Sister Siobhan O'Keeffe	(Appointed	11April	2022)

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2023	2023	2023	2022	2022	2022
	Notes	f	6		6	6	6
Income and endowments	from:
Charitable activities Investments	3 5	1,837,227 2,627	136,379	1,973,606 2,627	1,914,313 69	110,868	2,025,181 69
Other income	6	1,616		1,616	55,860		55,860
Total Income		1,841,470	136,379	1,977,849	1,970,242	110,868	2,081,110
Charitable activities	7	1,802,568	149,966	1,952,534	1,891,862	86,521	1,978,383
Net income/(expenditure) movement in funds	and	38,902	(13,587)	26,315	78,380	24,347	102,727
Reconciliation offunds:
Fund balances at 1April 2022		608,753	36,677	644,430	530,373	11,330	541,703
Fund balances at 31 March 2023		647,655	22,090	669,745	608,753	35,677	644,430

		Notes	2023 f	f	2622
Fixed assets Tangible assets				122,473		95,322
Current assets
Debtors		12	177,800		114,408
Cash at bank snd in	hand		536,728		748,966
			714,528		863,374
Creditors: amounts nne year	faglng due within	13	167,256		314,266
Net current assets				547,272		549,108
Total assets less current gabllities				669,745		644,430
The funds of the Charity Restricted income funds Unrestricted funds		14		22,090 647,655		35,677 608,753
				669,745

				2023		2022
			Notes	6		6
Cash gows from operating		activities
Cash (absorbed by)/generated operations Income taxes paid		from	19		(126,631) (18,715)		180,742 (14,782)
Investing activities
Purchase oftangible fixed assets				(57,827)		(52,166)
Proceeds from disposal oftangible fixed assets				598
Investment income received				2,627		69
Net cash used in investing		activities			(54,602)		(52,097)
Financing activities Repayment ofborrowings						(8,334)
Net cash used in financing		activities					(8,334)
Net (decrease)/increase in equivalents	cash and cash				(199,948)		105,529
Cash and cash equivalents	at beginning		ofyear		736,676		631,147
Cash and cash equivalents		at end ofyear			536,728		736,676

Income from chariiabl	e activities
	Unrestricted	Restricted	Total	Unrestricted	Restdcted	Total
	funds	funds		funds	funds
	2023 f	2023	2023 f	2022 f	2022	2022f
Chgdcsrefees Childcare fees	788,699		788,699	718,253		718,253
Grant &Government	fees
Grants &Government fees	820,242	9,629	829,871	938,537	10,000	948,537
Contracts, agreements	&other
grants
Contracts, agreements other grants	&	126,750	126,750		100,868	100,868
Catering income Catering Income	105,053		105,053	106,174		106,174
Rental income
Rental income	118,958		118,958	121,621		'l21,621
Donations
Donations				5,712		5,712
Internal projects Internal project	4,275		4,275	24,016		24,016
	ti837227136379197360619143131108682025181

					Unrestricted	Unrestricted	Unrestricted
						funds	funds
						2023 f	2022 f
Interest receivable						2,627	69
Other Income
					Unrestricted		Unrestricted
						funds	funds
						2023 f	2022 f
Nst gain on disposal oftangible fixed assets Miscellaneous income						572 1,044	22,676
Coronsvlrus	job retention scheme grant						33,184
						1,044	55,860
Expenditure	on charitable	ac6vities
		NurseryDepreciation		Total	NurseryDepreciation		Total
		costs			costs
		2023 f	2023 f	2023f	2022f	2022f	2022
Direct costs
Staff cosh		1,371,306		1,371,306	1,337,877		1,337,877
Depreciation and Impairment Child care costs		282,634	30,650	30,650 282,634	304,519	34,124	34,124 304,519
Premises costs		117,978		117,978	215,342		215,342
Coinmunity	project costs	149,966		149,966	86,521		86,521
		1,921,884	30,650	1,952,534	1,944,259	34,124	1,978,383
Analysis by fund Unrestricted funds		1,771,918	30,650	1,802,568	1,857,738	34,124	1,891,862
Restricted funds		149,966		149,966	86,521		86,521
		1,921,884	30,650	1,952,534	1,944,259	34,124	1,978,383

The average	monthly	number ofemployees during the year was	:
			2023	2022
			Number	Number
Total			70	85
Employment	costs		2023 8	2022 8
Wages and	salaries		1,371,306	1,337,877

The remun	eration ofkey management personnel is as f	ollows.
		2023	2022
		8	8
Aggregate	compensation	50,632	56,311

11	Tangible fixed assets	Tangible fixed assets
			Leasehoid	Rstures and	Motor	Torsi
			Improvements	tlttlnas	vshlslss
			6	6	6
	Cost
	At 1 Api'ii 2022		324,115	116,608	11,867	452,590
	Additions		37,082	20,745		57,827
	Disposals				(7,700)	(7,700)
	At31 March 2023		361,197	137,353	4,167	502,717
	Depreciation and Impairment At 1 Apdil 2022 Depredation charged in the year Eliminated in respect ofdisposals		241,118 21,472	104,949 8,922	11,201 256 (7,674)	357,268 30,650 (7,674)
	At 31March 2023		262,590	113,871	3,783	380,244
	Carrying amount At 31 March 2023		98,607	23,482	384	122,473
	At 31 March 2022		82,997	11,659	666	95,322
12	Debtors
					2023	2022
	Amounts falling due	within one year:			f.	6
	Trade debtors				72,084	34,048
	Other debtors				105,716	80,360
					177,800	114,408
13	Creditors: amounts	falling due within one year
					2023	2022
			Notes			6
	Bank overdrafls					12,290
	Corporation tax payable Other taxation and social security Trade creditors				59,688	18,715 374 49,901
	Other creditors				107,668	232,986
					167,256	314,266

subject to	speci0c conditions by do	nors as to how they m	ay be use	d.
		At	1April Z022	Incoming resources	Resources expended	At	31 March 2023
			E	E	E		E
			35,677	136,379	(149,966)		22,090
Previous	year:	At	1April 2021	Incoming resources	Resources expended	At	31 March 2022
			E	E	E		E
			11,330	'I10,868	(86.521)		35,677

designated funds which have been set aside out of	unrestricted f	unds by the trust	ees forspedftc	purposes.
	At 1April	Incoming	Resources	At 31March
	2022	resources	expended	2023
	E		E	E
Generalfunds	608,753	1,841,470	(1,802,568)	647,655
Previous year:	At 1April 2021	Incoming resources	Resources expended	At 31March 2022
	E	E	E	E
General funds	530,373	1,970,242	(1,891,862)	608,753
Analysis ofnet assets between funds
		Unrestricted	Restricted	Total
		funds	funds
		2023	2023	2023
		E	E	E
Fund balances at31March 2023are represented	by:
Tangible assets		122,473		122,473
Current assets/(liabilities)		525,182	22,090	547,272
		647,655	22,090	669,745

Analysis ofnet assets between funds				(Continued)
		Unrestricted	Restricted	Total
		funds	funds
		2022	2022	2022
		8	6	6
Fund balances at31 March 2022 are represented	by:
Tangible assets		95,322		95,322
Current assets/(liabilities)		513,431	35,677	549,108
		608,753	35,677	644,430

	2023	2022
	6
Within one year	102,000	62,820
Between two and five years	363,000	264,000
In over five years	301,167	367,167
	766,167	693,987

19	Cash generated from operations	Cash generated from operations	2023	2022f
	Surplus forthe year		25,315	102,727
	Adjustments fcr:
	Taxation charged			18,715
	Investment income recognised	In statement offinancial activities	(2,627)	(69)
	Gain on disposal oftangible fixed assets		(572)
	Depredation and impairment oftangible fixed assets		30,650	34,124
	Movements In working capital:
	(Increase) In debtors		(63,392)	(22,657)
	(Decrease)/increase in creditors		(116,005)	47,902
	Cash (absorbed by)/generated	from operations	(120,631)	180,742