Happy Days Playgroup Trustees. Annual Report The trustees present their Trustees, Report and the unaudiled financial slalements for the financtal year ended 31 August 2023. The financial statements are prepared in accordance ¥Mlh FRS 102 "The Financial Reporting Slandafd applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities. Stalemenl of Recommended Practice applicable lo charities preparing their financial ststements in accordan¢% wlh 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 Statement of Recommended Practice {SORP) guidelines. The trustees of the charity are also charity trustees for the purpose of charity law and under the charity's constitution afe known as members of the board of trustees. Ml••lon Statemant Happy Days Playgroup provides pre-school education for children each year. It seNes the town of Coalisland and surrounding areas. Children are provided wiltt high quality, slimulaiing Pfe-school education. The Playgroup employs 4 staff members who are fully qualified in childcare and education. The Playgroup is run by a ¢ommittee of parents. The Playgroup receives money from the Education Authority for each pre-school child. This money is used to pay Slam wages. Additional funds are achieved by fundraising events organised by the committee and staff. Additional grants are also applied for to enhance the learning environment. Fundraising and parental fèes are used lo pay utility expenses. cleanin9, food and additional resources such as art supplies. The beneficiaries are the pupils, 8laff 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 produod a surplus of £3,717 12022 £20,287) Ai the end of the financial year the charity had assets of £74.201 12022 £70.4841 and liabilities of £0 12022 £01. It Is the policy of Happy Days Playgroup to retain a level lo Ver any unforeseen 8xpendilure and allow the Charity lo continue In operation. The trustees do not foresee any finanaal issues In the foreseeable future. Compllance wlth So¢tor.Wlde Logl•latlon and Standarda The Charity engages pro-actively wlh legislation, Standards and codes %thich are develOd for the sector. Happy Days Playgroup subscribe8 to and is compliant wilh the following. The Charities SORP IFRS 1021 Approvod by the Board of Tru•tse• on 12 March 2024 and •lgned on bohalf by: 8ertllla McAll8key Trustee
Happy Days Playgroup Statement of Trustees. Responsibllities The trustees are responsible for preparing the financial statements in accordan wth applicable law and regulations. The law applicable to charities in Northern Ireland requires the trustees lo prepare financial statements for each financial year which give a true and fair view of the assets. liabilities and financial position of the charity as at the financial year end date and of the surplus or deficit of the charity and otherwse comply wlh the Charities Aci (Northem Ireland) 2008 In preparing these frnancial statements, the trustees are required to select suitable accounting policies and apply them consistently. observe the methods and principles in the Charities SORP make judgements and estimates that are reasonable and prudent., slate whether the financial slalemenls have been prepared in accordance wth the relevant finanual reporting framework, identify those stsndards, and note the effect and the reasons for any matenal departure from those standards. and prepare the financial statements on the going conrn basis unless it is inappropriale lo presume that the charity wll continue in operation. The Irusleés confirm that they have complied wth the above requirements in preparing the finanual statement8. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose wlh reasonable accuracy al any time the financial po8ltion of the charity and enable them lo ensure that the financial statements comply wlh the Charities Act (Northern Ireland) 2008. They are a150 responsible for safeguarding the assets of the charity and hence for tsking reasonable steps for the prevention and detection ol fraud and other irregularities. Approvéd by tha 8oard of Tru•tee• on 12 Mar¢h 2024 and •lgned on Its behalf by: Bertllla McAll•kay Trusteo