K MAGILL & COMPANY Chari Number: 100191 Ha Da sPla rou Annual Re ort and Unaudited Financial Statements for the financial ear ended 31 Au ust 2023 'Accountingforyourfvture" BALLYGAWLEY I DUNGANNON I BELFAST I www.magillaccountants.co.uk CHARTERED ACCOUP4TWITS IFIELAND
Happy Days Playgroup Contents Page Trustees, and Other Information Trustees, Annual Report Stslement of Trustees, Responsibilities Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes lo the Financial Statements 9-10 Supplementary Information relating to the Financial Statemenls 12
Happy Days Playgroup Trustees. and Other Infomiation Trustees Bertilla McAliskey Brian Duffin Micheal Carolan Charlty Nurnber In Northom lrnland 100191 Prlnclpal Addre•• School Lane Brackaville Coalisland Co Tyrone BT714NW Ind•pendent Examln•r K Magill and Company Chartered Accounlanls 2 Church Street 8al1ygaeY Co Tyrone 8T70 2H8 Bankern AIB INII PLC 18-20 Scotch Street Dungannon Co Tyrone BT70 1AZ
Happy Days Playgroup Trustees. Annual Report The truslaes present their Trustees. Report and the unaudited financial slatements for the finanaal year ended 31 August 2023. The financial statements are prepared in accordance with FRS 102 "The Financial Reporting Standard applicable In the UK and Republic of Ireland" and Accounting and Reporting by Charities. Statement of Recommended Practice applicable lo charities preparing their financial statem6nts in accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021. The Trustees, Report contains the information required to be provided in the Trustees, Annual Report under the Slalemenl of Recommended Practice ISORPI guidelines. The trustees of the charity are also charity trustees for the purpose of charity law and under thè charity's constitution are known as members of the board of trustees. Ml8slon Statement Happy Days Playgroup provides pre-school education for children each year. 11 seNes the town of Coalisland and surrounding areas. Children are provided with high quality, stimulating pre-school education. The Playgroup employs 4 staff members are fully qualified in childcare and education. The PlaygfOUP Is run by a committee ol parents. The Play9roup feceives money from the Education Authority for each pre-school child. This money is used 10 pay staff wages. Additional lunds are achieved by fundraising even15 organised by the committee and staff. Additional gran18 are also applied for tc enhance the learning environment. Fundraisin9 and parental fees are used lo pay utility expenses, cleaning. food and additional resources such as art supplies. The beneficiaries are the pupils, staff and families of Happy Days Playgroup. There Is no private benefit from our purposes. Flnanclal Revlew During the year ended 31 August 2023, Happy Days Playgroup produced a Surplus of £3,717 12022. £20,287) At the end of the financial year the charity had assets of £74,20112022.' £70,484) and liabilitie$ of £0 12022 £01. It Is the policy of Happy Days Play9roup to retain a level lo cover any unforeseen expenditure and allow the charity to continue In operation. The Irusl8es do not foresee any hnanaal issues in the foreseeable future. Compllance wlth Sector-wlde Loglslatlon and Standard• The Charity engages pro-actively with legislation, standafds and codes ¥fvhich are developed for Ihe sector, Happy Days Playgroup subscribes to and is compliant wth the followin9'. The Charities SORP IFRS 1021 Approv?d by th¢ Board of Tru•tee• on 12 March 2024 and slgned on Its hall by: Bertllla McAllskey TNsto0
Happy Days Playgroup Statement of Trustees. Responsibllities The trustees are fesponsible for preparing the financial statements in accordance wth applicable law and regulations. The law applicable lo charities in Northern Ireland requires the trustees to prepare financial slalements for each financial year which g1ve a true and fair view of the assets, Iiabililies and financial position of the charity as at the financial year end date and of the surplus or deficit of the charity and othewse comply with the Charities Act (Northern Ireland) 2008. In preparing these fin8na31 statements, the trustees are required lo". select suitable accounting policies and apply them Gonsislenlly., observe the methods and principles in the Charities SORP make judgements and estimates that are reasonable and prudent., state whether the financial statements have been prepared in accordance with the relevant financial reporting framework. identify those standards. and note the effect and the reasons fof any material departure from those standards, and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the chanly will ntinUe in operation. The truslees confirm that they have complied wlh the above requirements in preparing th8 finanrj'al statements. The trustees are responsible lor keéping adequate accounting records that are sufficient lo show and explain the charity's transactions and disclose with reasonable awuracy at any time the fin8nrJal position of the charity and enable them lo ensure that the fi'nancial statements Comply wlh the Charities Act (Northern Ireland) 2008. They are also fesponsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection ol fraud and other irregularities. Approvod by tho Board of Trustee8 on 12 March 2024 and #lgnod on Its behalf by.. Bertllla McAll8koy Tru•t••
Happy Days Playgroup Independenl Examlner's Report INDEPENOENT EXAMINER'S REPORT TO THE 8OARO OF TRUSTEES OF HAPPY DAYS PLAYGROUP We hav8 examined Ihe financi41 slatemenlj of the charrty for Ihe financiol year ended 31 August 2023 whtch comprise the Statement of Financial Activities. the Balance Sheet and the related nol83. This report 1> modg $01gty lo th• ch¥rty's members, a8 a body. in •¢xordance vh the Chafities Act (Northern Ireland) 2008. Our has been undertaken $0 that might compile the linoncial statements that V•f have been engaged lo compile. report lo the Board of Trustees th81 Vt have done so, and slate those matters that we have agreed to ¥tate to them In Ihis report an¢J for no other purpose. To the fullest extenl permrtled by law, we do not accept or assume responsibility lo Anyon¢ other that tho hority 8nO the charity's membern, 89 8 boty, for our work, or for this report. R•sp•ctlve rngponlbllltl•• of charlty tru•t•M •nd •x•mln•r Thé ¢harty's trustees are responsible lor Ihe prep8ralion of the financ1 slalèm¢nt$ in a¢¢ordanr lh8 roquirèmènts ol the Chorilies Act (Northern Irelandl 2006. The charity's Iruslees consider Ihl •n audrt is not requifed for this financill year under thé Chariti¢$ ArA INorthern Ireland) 2008 and Ih•l on independenl examination is iequiréd. 1118 our responsibility lo. oxamine thé financial staièmgnts undor section 85 of the Ch•ill Acl,. follow the procodurei laid down by th• 9•ner¥l Dir•dion• giv•n by the Ch4rty Commi88ion lor Northern Ireland under 98clion 6519llbl of the Charrts A¢l', and siale whelher particular matlors h¥ve come lo our attention. Basls of Ind•p•nd•nt •xamln•V• r•port We h¥ve examined your charity financial stai¢m•nl$ •$ required under $•dion 85 of the Chafils Act 8n¢J our tsxaminalion wgs carrh7d out in accordance wrth the gèneral Dir8Ction$ given by tho Ch8rity Commission for Northèrn Iréland undèr ¥•¢lion 6519llbl ol the Charities Act. An exomin•lion includes r•vi6w ol the accounting records kept by the charity and 4 comparison of the financi81 statèmènt$ pr•s•nl•d wlh th080 record3. 11 also includes consideration ol any uru¥ual il•m3 or ¢Ji3¢losures in lh• financial slatemonls and sooking oxplonalions from the IrLt81808 concerning any such mall8r8. The procedures undertaken do not provvje all the ovh1•nce that would be requirèd in an audit and onsequenlty no opirKJn is given 4$ 10 wh8th8r the accounts prfjseni a 'lrue and lair, vw and Ihe report is limrted lo those matters set Oth in tho $lalem8nl below. In connoction wrth our oxaminolion, no m•tt•r has com• lo our attent w*ich gives us cau80 la hIve that in. any mal8ri81 res¢1. accounting record8 were not kept in ac¢ordanGe with s¢¢tM)n 63 of tho Ch8rilios Act Iho financial Slalemenls do not accord wlh those accounting records tho financial Slatèmènli have not en propared in 4ccord•nce wrth the Si•temenl of Recommended Practico applicable to Gharili•¥ preparing Ih•ir •ccounli In aCCOfdanc• wrth th• Financ141 Rèporting Sland8rd applicable in the UK and Republic of Irèl8nd IFRS1021 Ih•re i• furth•r Inform•lion nded for • proper under$landing of the •ccount• to be r••ch•d. Ind•p•ndont •xamlnof• •t•t•m•nt We have no concerns and have come across no olhr m4ttern in connection with the examination lo Nthi¢h att•nlion $houl¢J b¢ drawn in this report in order to enable a propef understandin9 01 the financ1 slalemenls lo be reach•d. Kleran Magill Bsc (Econl F K MAGILL AND COMPANY Charterea Accountants 2 Church Street Ballyga¥Mey Co Tyrone BT70 2HB A FCPA AFTA Date: 12 March 2024
Happy Days Playgroup Statement of Financial Actlvilies for the financial year ended 31 August 2023 Unrestrlctsd Funds 2023 Total Unrestricted Funds 2022 Total 2023 2022 Notes Incomo Activities for generaty'ng funds Total Incomlng resources 63,418 63,418 63,418 63.418 79,876 79.876 79.876 79.876 Resources Expended Other expenditure 69,701 59,701 59,589 59,589 Net Incomlngloutgolng resource8 before transfers Gross Iranslers been funds 3,717 3,717 20,287 20,287 Net movemonl In fund* for th• flnanclal year 3,717 3,717 20,287 20,287 Re¢onclllatSon of funds Balances brought forward al 01 September 2022 70,484 70.484 50.197 50,197 8alan¢e• c•rrSgd forward at 31 Augu•t 2023 74,201 74,201 70,484 70.484 The Ststement ol Financial Activities includes all gains and losses re¢ognised in the financial year, All income and expenditure relate lo Gonlinuing activities.
Happy Days Playgroup Balance Sheet for the financial year ended 31 August 2023 2023 2022 Notes Current Assets Cash al bank and in hand 74,201 70,484 Net Current Aisets 74,201 70.484 Totsl Assets less Current Llabllltlo8 74,201 70,484 Fund• Restricted funds General fund (unreslrictedl 74,201 70,484 Total fund• 74,201 70,484 Approv•d by th• Board of Tru•teo8 and authorf•ed for Imuo on 12 Mar¢h 2024 and $lgMd on It• bohalf by: Bertlll# M¢All$koy Truste•
Happy Days Playgroup Notes to the Financial Ststements for the financial year ended 31 August 2023 1 GENERAL INFORMATION Happy Days Playgroup Is a charity re9islered in Northem Ireland. The regislefed office of the charity is School L8ne. Brackaville, Dungannon, Co, Tyrone, B T714NW, Northem Ireland which is also the princ¢pal place of business of the charity. The financial Statements have been presented In Pound Sterling (£1 whi¢h is also the functional currency of tho charity. 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The followin9 ac¢ounting poliae8 hav& been appliod consislenlly in d8aling with item8 which are considered material in relation lo ihe tharity's financial 8lal¢ments. 8asls ol preparatlon The financ4al slalements have been prepared on the 90ing ¢onc4rn basis under the hislofical cost convention, modified lo include Certain items al fair value. The fin4n¢ial statements have been prepared in s0rd?¢e with the Statement of Recommended Practice ISORPI "Accounting and R9POrting by Charities preparing their accounts In a¢¢ordance with the Financial R¢porting Stsndard applicable in the UK and Ropublic of Ifeland FRS 102" applying Secbon 1A of that Standard. A8 permitted by the Companiès Act 2006, the charity ha8 variod the standard formats in that act for the Slaiem¢ni ol Financial Aclivili88 and th¢ Balance Sheet. 08partLtres from the Slanaard formats are to comply with tho requirements of the Charilio8 SORP and are in compliane with 8è¢tion 4.7, 10.6 and 15.2 of that SORP. Stat•mont ol compllanc• Th8 finaneial Slalemenls of the charity lor tho financial year ended 31 August 2023 have boen propared on the going con¢ern basis and in accord8nG8 Wlth tha Sialemenl of Recommended Pra¢tic¢ ISORPI Accounting and Reporting by Charities preparin9 their accounts in accordance with lh8 Financial Reporth'ng Standard appli¢able in tho UK and Republic of Ireland FRS 102, applying Section 1A of that Standard. Incom• Voluntary income or capital is in¢ludeLI in the Statement ol Financial Acliviti•s when the charity is legally enlilled lo It, Its financial value can b8 quantified with rga3onable certainty and there is rea8onable certainty ol ils ullimatg receipt. Gran18 lor aelivilie8 arg wognised 88 income when If+e relato¢J ¢ondilion3 for legal enlillemenl have baen mel. All other income 1$ accounted for on an accruals b4818. Exp•ndltur• All resour¥ expended are accounted for on an accruals basis. Charitable acllvlliés in¢lude ¢o$ts ol seNi¢s and grants, support Costs and depr•¢ialion on related assets. Costs ol ganeraling lunds simi18dy include fundraisin9 aclivitses. Govemance costs are those associated with conslllulional and Statutory requirements. Cash at bank and In hand Cash al bank and in hand Comprises cash on deposit al banks requiring less than Ihfee months notsce of withdrawal. 3 INCOME 3.1 ACTIVITIES FOR GENERATING FUNDS Unrostrlcted Funds 2023 Totsl Total 2023 2022 Fundraising Grants 2,723 60,695 63,418 2,723 00,696 03.418 3.975 75,901 79.876
4 EXPENDITURE 4.1 OTHER EXPENDITURE Dlrect Costs 2023 Total Total 2023 2022 Adminislrabve expen8e$ 59.701 59.701 59.589 5 RESERVES 2023 2022 Al I September 2022 Surplus for thè financial year Al 31 August 2023 70,484 3.717 74,201 50,197 20,287 70,484 6 POST4ALANCE SHEET EVENTS There have been no significant events affecting the Charity since the financial ye8r4nd. 10
HAPPY DAYS PLAYGROUP SUPPLEMENTARY INFORMATION RELATIN TO THE FINANCIAL TAT MENTS FOR THE FINANCIAL YEAR ENDED 31 AUGUST 202
Happy Days Playgroup Supplementary Information relating to the Financial Statements Operating Statement for the financial year ended 31 August 2023 2023 2022 Income E.A. Region- PEG Early Years Halifax Foundation SHSCT HSCB Parental fees and fijndraising 56,520 3.675 500 55,648 11,025 4,000 3,140 1,728 4,335 79.876 2,723 63,418 Expondllure Wages and pension Equipment Resources Milk Early Years membership Extended services Staff training Electricity 50.717 43,115 1,730 4,838 160 1,531 1,447 192 1.569 900 96 948 600 2,920 779 600 1.136 396 757 1,041 Insurance Water rates General maintenance Telephone and internet Printin9 and stationery Subscriptions Accountancy Bank fees and interast 396 231 855 52 143 372 191 59,701 354 232 59,589 Net surplu• 3,717 20.287 12