Company Number:N1043097
Charity Number:NIC100406
Creggan Pre-school & Tralnlng Trnst Lld
(A compllny limiled by guarantoe)
Accounts
ror the year ended 31 March 2023

Creggan Pre-school & Trnlnlng Trust Ltd
(A company limited by guarantee)
Conlcnts
Page
Infomiation
Director5 Report
Independ¢ni E,xaminer's Report
Stotement of Financial Activities
Balance Slieet
Notes lo th¢ uccounls
8-13

Creggan Pre-school & Training Trust Ltd
(A company limited by guarantee)
Informatlon
Directors
Nuala Crilly
Maureen Hassan
Patrick Daniel Callaghan
Sharon Doherty
Shauna Page
Linda Wood5
Resigned 14.02.23
Appointed 15.02.23
Sccrelary
Margaret McGlinchey
Bernudett¢ Smith
Resigned 14.02.23
Appointed 15.02.23
Company No:
N1043097
Charity No:
NIC100406
Rcgislered offi¢¢
Cromore Gardens
Creggan
Derry
BT48 9TF
Accountants
M¢Groarty M¢CalTerty & Company Ltd
Accoun(ants & Consultants
2 Carlisle Terrace
Deny
BT48 6JX
Bankers
AIB (NI)
Mcadowbank
Derry
BT48 7TN
Page I

Creggan Pre-school & Trnining Trust Ltd
(A company limlted by guarnntee)
Directors Report
Tl)e direclors present their report and dje financial statements for the year ended 31 March 2023.
Objectives and activities
The principal aclivity of the cotnpany during the year under review was ihal of providing and promotin&) tlie
facilities for early care, recreation and education of children.
Company IYumb¢r
N1043097
Directors and their inlerests
The directors of ilie charity for tlie purposes ofcharity law and throughoul this report are colleclively referred
lo as the direclors.
The direclors serving during the year and since the year end were as follows:
Nuala Crilly
Maureen Hassan
Patrick Collagilian
Sharon Dolierty
Shauna Page
Lindo Woods
Resigvned 14.02.23
Appointed 15.0? ?3
Govcrning Document
Tlie orbianisation is a company wilh charilable status, The company was established under Memorandum &
Articles of Associalion which outlined the area of benefit and the objects of tlie charitable organisalion.
Risk Mgnggement
The directors huve a risk manag¢menl strategy which consists of establishing a syslem of idenlifyin8 risks and
mili&Jaiing such risks.
Reserves Policy
Cre&&van Pre-school & Training Trust Ltd have o policy that unreslricled reserves to be mainlained at a level
to cover six monihs 5ulary, operalional costs and redundancy.
Results & Performance
The results and perforniance for the year of Creggan Pre-school & Training Trust Ltd are summarised in the
enclosed accounls.
Flnunclal revlew
The financial perfomiance is 5ummarised in the enc105ed accounts.
Page 2

Creggan Pre-school & Tralning Trust Ltd
(A company limited by guarantee)
Direclors Report
.conlinued
Directors Responsibilities In Relutlon To The Financial Slatements
The director5 of Creggan Pre-school & Training Trust Ltd for the purposes of compony law are responsible
for preparing the Dircclors, Annual Report and the financiol siatemenls in accordance with applicable law and
United Kin&?dom Accounting Standards (Uniled Kinbydom Gencrdlly Accepted Accounling Practice).
Company laiv requires the directors to prepare financial statements for each financial year. that give a true and
fair view of tlie stale of the arrairs of the charitable company and of the incoming resources and application of
resources, including ihe incom¢ and expendituK, of the charilable company for ihat period. In preparing these
financial statements, Ihe dir¢clor5 are required lo:
selecl suitable accounting policies and apply ih¢m consistently;
observe the meihods and principles in the Charilies SORP 2019 (FRS102)'
moke judgements and estimales tliat are reasonable and prudent.
state wliether applicable UK Accounting Standards have been followed, subject to any malerial departures
disclosed and explained in the financiol statements;
prepore the financial stalements on the going concern basis unless it is inappropriate to presume that the
liority will continue in business.
The direclors are responsible for maintaining proper accounting records which disclose with reasonable
accuracy at any time tlie financial position of the charity and enables them to ensure that the financial
stalements comply with the Companies ACÉ 2006. Tlie direclors are also responsible for safeguarding the
asse15 of the cliorily and hence for taking reasonable sleps for ihe prevention and detection of fraud and otlier
irregularities.
In so far as the direclors are aware:
-there is no relevant inforniation of which the charilable company's indepcndent exaaminer is unaware, and
-th¢ director5 liave taken oll the steps that they ought to have taken to make themselves aware of any relevant
inforn)ation and io esloblish thot the independent examiner is aware of that infomiation.
This report is prepared in accordance with the special provisions of part 15 of the Companies Act 2006
relatingy lo small coinpanies.
Tl)is report ivas approved and autliorised for issue by the Bourd on 4 Oclober 2023 and signed on its behalf by
Irector
Page 3

Creggan Pre-school & Training Trust Ltd
(A company limited by guarantee)
Statement of Flnanclal Activitie5
ror the year ended 31 March 2023
Unrestricted
Funds
Restricted
Funds
2023
2022
Income rand Expendlture
Incoming Resources
Granls & Sundry Income
12,163
186,790
198,953
183.679
TolAI Incomlng Resources
12,163
186,790
198,953
183,679
Resources Expended
Managiemeni & Administrntion
11.379
185,112
196,491
167,695
Tolal Resources Expended
11,379
185,112
196,491
167,695
Ncl Incomlng l (Outgolng) Resources
784
1,678
2,462
15,984
Trnnsfer behyeen funds
Balances brought forward l April 2022
102,369
27,095
129,464
113,480
Balances carried forward 31 March 2023
103,153
28,773
131,926
129,464
Tlie above ainounts relale lo continuinbi operntions of tlie company.
Thc company has no recoLinised gains and losses other than those included in the results above and therefore
no 5epurdte 5talcmcnl of iolal recogTnised gains and losses has been presenled. There is no difference between
tlie net incoming rcsources for the yerfir sluled above and tlieir historical cost equivalents.
Page 5

Creggan Pre-school & Trnining Trust Lld
(A compgny limited by guarantee)
Balance sheet
as at 31 March 2023
2023
2022
Noles
Flxed assets
Tangjible
97,623
100,352
Current llssets
Debtors
Casli at bank and in liand
,389
147,833
14.134
149,537
149,222
163,671
Currcnt liabilities
Bank loans ond overdrafts
Other creditors
Accruals
17.667
6,384
7,652
9.382
23,096
16,182
10
31,703
48,660
Nct current usscts
17,519
Total thssets less current
215.142
215,363
Capilal Grant
11
{83.216)
(85,899)
Net 115setS
131,926
129.464
Rc5erve5
Unreslricled
Reslricted
103.153
28,773
102,369
27,095
131,926
129,464
Page 6

CreggAn Pre-school & Training Trust Ltd
(A company limited by guarantee)
{contlnued)
In approvingi these financial slatements as directors of the company we hereby confirni:
For the year ended 31 Marcli 2023. the company was entitled to exemption under section 477 of the
Companies Act 2006 relating lo small companies.
The director5 have nol required the company to obiain an audit in accordance with section 476 of the
Companies Acl 2006.
The dir¢clors acknowledge tlieir responsibilities for complying wilh ihe requirements ofthe Companies Act
?006 witl) respect lo accounting records and the preparation ofaccounts.
Tllese accounts Iiave been prepared in accordance with the provisions applicable to companies subject to the
small companies re&¥ime in accordance with FRS102 SORP.
Tlie financial statemenls were approved and authorised for issue by tlie Board on 4 Oclober 2023 and signed
on ils behllifby:
Direclor
Company Number: N1043097
Page 7

Creggan Pre-school & Training Trnst Ltd
(A company limited by guarantee)
Notcs lo the Accounts
for the year ended 31 March 2023
Accounting polltlts
Tlie principal accounlin8 policies adopted in the preporalion of the financial statements are set out
below and liave remained unclianbTed from the previous year, and also have been consislently applied
within the same accounts.
Accounting convention
The financial 51alements have been pr¢pared in accordance wilh Accounting and Reporting by
Cliarities: Statemeni of Recommended Pra¢ti¢e applicable to charities preparing their accounts in
accordance with lh¢ Financial lieporting siandard applicable in the UK and Republic of Ireland
Charities SOKP 2019 (FRS 102), the Financial Reporting Standard applicable in the UK and Republic
of Ireland (FRS 102), Companies Act 2006 and Charities A¢t (Northem Ireland) 2008.
1,2, TAngible fixed Asscls And deprceiation
Tongiblc fixed 1￿cts are staled at cost less depreciation.
Deprecialion is provided at rates calculated to write off the c05t or valuation les5 residual value of each
sset over its expected useful life, as follows:
Land and buildings
Office Equipmenl
Equipment
20/0 Straight Line
150/• Straiglit Line
250/0 Struight Line
Ineome
(i) Grants
Gran15 repre￿nts all umounts received and receivable during ihe year.
Capilal granls are released 10 the profit and loss ac¢ount in ihe year in which ihey are received in
line witli the SORP 2019 (FRSI 02).
Revenue uTrnnls are crediled to ihe Stalement of Finoncial Aclivilies in the year they are received.
(li) Donations & administration income.
Tl)is comprises amounts re¢¢ived during the year,
Page 8

Creggan Pre-school & Training Trnst Ltd
(A Company limited by guarnntee)
Notes to Ihe accounls
ror the year ended 31 March 2023
Expcnditure
(i) Direct Charitable Expendiiure
This represents all expenditure directly attribuiable to ¢haritable causes.
{ii} Management & Administration
Tliis includes all oll)er expendilure not direcily &llocaled above and a portion of ihe overhead costs
altribulable lo manaL7cm¢nt and adtninistration.
Page 9

Creggan Pre-school & Trninlng Trust Lld
(A company Ilmited by guaranlee)
Noles to the accoun15
for the year cnded 31 March 2023
Income
2023
2022
Restricted Income
Dcpurtmeni For Communities
Derry City & Strabane District Council
Hal ifax Foundation
CLEAR
Cash for Kids
The Patliway Fund - Early Years
Early Years -Covid
Community Foundation Nl
Derry Credit Union
Aivards for All
Capiial Grant Release
Co Operalion Ireland
Otlier Income
WH+SSB
136,667
250
124,593
12,056
1.280
4.088
1,645
16.362
13,021
1,378
500
7,696
2.683
500
19.929
530
2,304
2,683
5,480
872
2,000
186,790
169,727
Unrestricted Income
Play&irouplCreclie fees
12,163
13.952
12,163
13,952
Total Income
198,953
183,679
Reslricled Funds
Fund5 received wliicli are earniarked by the funder for specific purposes. Such purposes are within the
overall aims ofilie organisalion.
(11) Unrestricted Funds
Funds wliicli are expendable at the discrelion of the company in furtherance of the aims of the charity.
In addition funds may be held in order to finance capital investment and working* capilal.
Unrestricled reserves are at a level to cover six montlis salary, operationul costs and redundancy.
Page 10

Creggan Pre-school & TraSnlng Trust Ltd
(A company limited by guarnntee)
Noles lo the accounls
for the ycAr ended 31 March 2023
Resources Expcndcd
Unrestr5cted
Funds
Restricted
Funds
Total
2023
Total
2022
Mvdnagemcnt & Administration
Wab•es & sulllries
Slaff pension costs
Events expenses
Cleaning
Travellingi e.xpenses
Programme expen5¢S
Insurance
Li&ihl & lieal
Printing & slolionery
Repairs & maintenance
Telephone
Sundry expenses
Milk
Accountancy
Bank charges
Depreciation on property
Deprecialion on plant & macliinery
Depreciation of fixtures &
rittinbs
10,314
134,285
4,873
546
597
144,599
4,873
546
597
120
20,502
3.448
8.529
16
4,093
1,880
431
229
1,864
945
3,408
138
273
127,222
3,920
4,663
802
120
20,502
3,448
8,529
16
4,093
1,880
431
229
1,864
10,349
3,357
3.995
1,030
3.594
1,856
1,319
145
1,093
712
3,408
230
945
3,408
138
273
11.379
185,112
196,491
167,695
Nel Incoming Resources
2023
2022
Net incomingF resources Ilas been arrived at after charging.
Depreciotion
3,819
3,638
Page 11

Creggan Pre-school & Tralning Trust Lld
(A company limited by guarnntee)
Note5 to the accounts
for the year ended 31 March 2023
Slafr nolc
The averagie number of persons ¢mployed by the company during the year amounted to 9 (2022 - 11).
Tlie ag&iregiale payroll costs incurred during ihe year were:
2023
2022
Wa&?es and salaries
Pension conlributions
144,599 127,222
4,873
3,920
149,472
131,142
Taxation
Tliere is no chllrge lo tsLxaiion as the company has charitable stalus.
Tanglble assets
Land and
buildings
Offlce
freehold Equipmenl Equlpment
Tot91
Cost
At l April 2022
Addilions
170,421
11.123
35,175
1,090
216,719
1,090
Al 31 March 2023
170,421
11,123
36.265
217,809
Depreciation
Al l April 20?2
Charge for ihe year
70,759
3,408
10,433
138
35,175
273
116,367
3,819
Al 31 March 2023
74,167
10,571
35,448
120,186
Net book v#lues
Al 31 Marcli 2023
96,254
552
817
97,623
Al 31 March ?0?2
99,662
690
100,352
Debtors
2023
2022
Other debtors
1.389
14.134
Page 12

Creggan Pr￿ChoOl & Tralnlng Trust Lld
(A company limlled by guarnntee)
Notes lo the accounts
for the year cnded 31 March 2023
l O. Current liabililies
2023
2022
Bank loans and overdrafts
T&Kes and social security costs
Derc￿ed income
Accruols
17,667
9,382
1,880
21,216
16,182
6,384
7,652
31,703
48,660
11.
Capilol Grant
2023
2022
Capital Grani
83,216
85,899
Tlie Copiial Grani is written down onnually by 21/10 on a straight line basis.
12.
Movements in Funds
At
At
l Aprll Incoming Outgoing 31 MArch
2022 resources resources
2023
Restricled funds:
27,095
186,790 (185,112)
28,773
Tolal reslrictcd lunds
27,095
186,790 {185,112)
28.773
Unrestricted funds:
General funds
102,369
12,163
(11,379)
103,153
Totol unrestricted funds
102,369
12.163
(11,379)
103,153
129,464
198,953 {196.491)
131.926
Purposes of Restriclcd Funds
Reslricled &iranls awarded to ihe charity is provided to cover ihe core objecis as explained in director5 report.
13.
Reluted Party Transllclions
There were no reluted party trnnsaclions in tlie year under review.
J4.
Limited by Guarantec
The company is limited by guarantee and does not have a share capital.
Page 13