Charity No 100664 LITTLE AMPS EARLY YEARS Flnanclal Statemonts for th• year onded 31 August 2022 Campbell & Co A c c o u n t a n t 5
LITTLE AMPS EARLY YEARS Contents Page Business Information Trustees Fleport Independent Examiners Report Profit and Loss Account 3-10 13 Balance Sheet 14 Notes to the Accounts 15-17
LirrLE AMPS EARLY YEARS Business Information Bu81ne88 address 94 Kilrea Road Upperlands Maghera Accounlan18 J A S Campbell & Co 49 Managher Road Aghadowey Coleraine BT514DE
LITTLE AMPS EARLY YEARS The report of the tru81ees for the ar ended 31 August 2022 Introductlon The trustees present their annual report and accounts lor the year ended 31 sl August 2022. The managemrnt committee ar& satisli6d with the performance ol tha eharily during the year and the posllion al 31 st August 2022, Gonsidering the additional linanclal burden placed upon the organisation by the new rgquiremenls by government lor the living wage and workplac8 pensions we will meet our budg81 for th6 upcoming year. Name, reg18t•red offlce and con8tltullon of the charlly The legal regisiratlon detalls ara LITTLE AMPS EARLY YEARS Chsrlties Commission Number Th6 telephon8 numbers are NIC 100664 02879645005 Oblectlve8 and Actlvltle8 of th• Charlty A •ummary ol the obl•ct• of th• charlty a8 8•t out In It• gov•rnln9 docum•nt. In sellSng our oblecllv6s and planning our aelivilies our managèment commi1188 and stall hav8 given carèlul considerallon lo the Charity Commission's general guidance on publlc benefit and in particular lo Ils supplementary public benefit guidance on advancing education and on lee charging. The aims ol Little Amps Early Years Is to enhance the development and educallon ol chlldren under slalulory school age. We oller approprl818 play lacllllles, with the right ol parenlsloargrs lo take responslbilily for and to become involved in th8 activities ol the group, gnsuring that the group ofl8rs opportunitles for all children, regardless ol religion, culture, race or means. We encourage the study ol the needs ol such chlldren and their lamllles and promoting publlc inler8sI In and recognition ol such needs ol such children and th8ir families in the local area. We support thè values and principles ol Early Years. Policlos to ensure the chlldrens safely and welfare are In place, distributed to all end are stictly adhered lo. These pollclas Includ& such mallers as diverse as Safeguarding Equal Opportunities Policies. Additional Naad Poll¢S88 Medical Emergency Procedure. Social Networking, E-$afely and mobile phone policies. Covld.19 and sla1 Dlslancirig Little Amps Early Years recognises the importance of working in partnership with parenlslcarers to promote the best inl8Tests of Children and that parents play a key role In the education ol Ihair children. Thè playgroup vlll work in partnership with and support parents in this role.
LITTLE AMPS EARLY YEARS The report of the trustees for tha year ended 31 August 2022 Publlc benellt that18 provldod by the charity The public benefit provided by the Playgroup starts with the childcare provided lo the children, providing quality childcare from qualified Ghild Gare provid6rs and looking aller their health and well being on a daily basis. Following on from this, growing the child's potential during their time under our care and directing their personal and 80¢ial development. Providing a reliable and cost ellectiv6 pre pre.school servlce lo th8 parènts, taking account ol safely, educational and nulrilional issues. Providing support and guidance lo the parents. Radlating out from here lo the community al large, providing Iixal facilities that keep the community together. Therefore people don't have lo leave the ar@a lo gel these benefits In larg6r lown8 and cilles16ading to the slow decline of the area. Providing local employment and training both lull lime I part Ilme, voluntary or paid. C(>ordinaling with local schools and lacillligs, lo the benefit ol all parti8$. A lol ol these goals are qualllallve and longierm, and thu8 hard lo measur8. As a basic indlcalor though in 2021 we had 23 chlldr8n from 23 lamilies and In 2022 w8 had 21 children from 21 families. Other more quanlllallve measures Ilke numbers ol local stall employed are d8lall8d b81ow'. 2022 2021 2020 No of stall m8mbÈrs livlng wllhin calchm8nt ar68 No ol students in th8 year 21 23 21 The charlty 8 81m8 In¢ludlng th• chang•• or dlff•renco8 It 8eek• to make through It8 actlvltles . Llttle Amps a5ms lo promot6 the independence and personal devel¢Jpment ol the ¢hlldren within our care whilst also developing their social skills. The charlty conlribules towards preparing our children lor the opportunities, r6sponsibililies and experience of later Ille, An explanatlon ol the ch8rlty'8 maln oblectlve8 lor the year. Llttle Amps obl1veS durlng the year werè as follow8; To In¢r6as& childcaré Places, whilst sllll providing a high level ol service. To develop our links with local schools. To provide ever improving training lor our slalf and so provide an even beller service lo the IcKal community. To increase the amount of fundraising activities in the community, and increase the funds generated by these new and existing activitl8S.
LIThLE AMPS EARLY YEARS The report of the tru8tee8 for the year ended 31 August 2022 An explanation ol the charity'8 8trategies lor achieving Its stated obJectlve8. During this climate ol reduced government funding, the Charity needs lo stand on ils own two feel, lo continue to achieve the charity's objectives the following strategies have been id8nlilied.. Increased fundraising will be more important in th6 future as outside funding is more dillicull lo obtain and inflation increases all our costs. We féel we have mel our obie¢tives and have adapted quickly to the changing circumstances faced, particulatarly over the past couple ol years. We used programmes such as See Saw in order lo engag8 with the children, whilst learning from home. tvlce8 provlded) that contrlbute to the achlevement ol the 8tated oblectlve8. The Charity's maln alm is lo enhance the developmènt and education lor children under slalulory school age, in the Upperlands and surrounding area, The Charity complies with all 8mployment18gislalion, pays adequate salaries10 81all, and provides opportunlli6s lor ongoing training in order lo acknowledge thé responslble and skllled nature ol the work wllh children and to protect the rights ol employees. We ensure that 8ach slalf member will be trainad lo a minimum ol NVQ18vel 3. Each chllcl Is allKaled a key worker. Wo adhere to the Mlnlmum •tandard8 8•t out by the Northern tru•t SupeNision will be in th8 ratlos as follows: 1.8 for 3-4 year olds. Ino less than 3 slalf al any1Sme) Th• contrlbutlon ol volunteer8 The Pre-school would like lo thank all commillea and voluntary staff lor Ihalr continuous 8UPPOrt The Pre-school Management would also Ilke lo thank the Education Aulhorlly and Early Years lor Ihelr continuous support. Achl8v•mant8 and P•rtormanco of tha Charlty A r•vl•w ol charltable actlvltle8 undertaken by the charlty The charitable activities undertakén by the Trust lake the form ol free places lor children ol pre s¢h¢)ol ag8 and a small lee for those in the pre pre-sessions AddllSonal support and guidance is provided lo parents as they requlre it.
LIThLE AMPS EARLY YEARS The report of the trust888 for tho year endèd 31 August 2022 Fundrai81ng 8Ctiviti08 Whilst the Charity ralies on funding from the donots identified in the accounts, whose support is valued. there is Still scope to further increase fundraising aclivilies. Those undertak8n in the 2021 year include the follows.. 2022 2021 2020 Total fundraisingldonations 1,351 1,545 Factor8 rnlav8nt to th• achlevemont ol the charlty'g oblectlv08 One of the main factors alfecting the Charity'8 ability lo achlev8 to achieve Its objecllve818 that Llttle Amps is the only pre school selling within a 5 mlle radius of the village ol Upp8rlands. Employment of dlsabled par8on8 Little Amps is an equal opportunllies employer. Stru¢ture, Governance and Managemont Nature of the Governlng Document and Con8tttutlon ol the charlty Little Ampg18 governed by a constltution admini81ered by a Managem8nt Commlttee. The method8 adopted for the rKrultment and appolntment ol new tru8t808 When new commlllee members are requlr8d, usually through va¢ancl88 occurlng, tho exlsling members decid8 what skills, 8xperience and knowledge is requlrad. TakSng ¢8re lo comply with any specillc requirements set out in the gov8rning documents. Fil Person ass88smenls as reqUid are carrled out by Soclal SeNlce$. Candidates are lormally appointed at tho AGM. Th8 pollcles and procedur•8 adopted lor the Inductlon and tralnlng ol Tru8taa8, Management and Commlttee Member8. New members are Introduced to the others and key members ol stall so that they can g81 a beller understanding ol the organis81ion, and the challenges il lace8.
LirrLE AMPS EARLY YEARS The report of the tru8taas for the year ended 31 August 2022 Th• organlsational 8tructurn of the ch8rlty and how déclslong are made. Key decisions are the remit of the Manager/Leader and Managem6nl Committee, so they an best guide the future ol the charity. Léss important decisions are delegated to the Stall. Roullne day lo day deGlslons are also the responslblllly ol key employees as per Ihelr contract 018mploym8nl. Relatlon8hlp8 between the Gharlty and related p8rt168, Includln9 tt8 8ub81dlarle8 The Trust has no subsidlarles Tha malor r18k8 to whlch the charlty18 0XP08ed and rnvl•w8 and 8y8t•m8 to mltlgate rl8k8 The Irust88s and members take the issue ol risk manag8m8nl v8ry S8rlou$ly. Th8 major rlsks lo the charity are The reducllon of funded places Is th8 major threat lo the onglng vlabllSly ol the Pre School 01 a lesser degree of rlsk are factors like lallure to comply wllh legal requlrements. Close allenlion is given lo thèse mallers, bul il is possible, however remote to have the selling closed down if there are falling8 in the rallo ol stall to ¢hSldren. Very close allenllon and control is placed on these legal laGlors. Rlsks such as change in damographlcs, are unllkely lo have an lrnmedlale allecl and would allow suflicent tirne lo adapt11 they were lo occur. Flnanclal Revlew Poll¢le8 on re8erve8 The trustees having reconsldered the poslllon ol the Charity now feel that an unrestricted reserve of £10,000 is required lo cover any expences Ilk8 r8dundan¢iès etc The reserve pollcy Is monllofed during the year, and11 necessary reviewed due lo Changlng needs and clrcumstanc8S.
LITTLE AMPS EARLY YEARS The report of tho trustoos lor tho year ended 31 AugU8t 2022 Principal funding Sources and how expenditure In the year under revlew has 8UPPOrted the key oblectlves of the charlty. The principal sources ol funding are EA-NE-REGION CRE funded places Non lundod places (Fees) Engage Funding Early Years Pathway 38,204 3,200 5,368 5,000 Little Amps would like to tak& this opportunlly to thank Early Years and the Education Aulttorily lor the suport provided towards staff costs. Many thanks lor your assistance. Income durlng the year has been used to cover th8 support cost ol thé Playgroup as per the Profil & Loss Account. Avallablllty and adequacy ol a88et8 01 each ol tho lund8 The Trustees and Management Committee are satisfied that tho Trust's assets In 8ach fund are avallable and adèquat8 to lultil ils obligations in respect ot each fund. rrnn8actlon8 and Flnanclal posltlon The linanclal slal8m8nls ar8 Sot out on pages 13 10 17. The Ilnanclal $lalemenls have been preparèd Implemenllng the 2005 Revlslon of the Slalemenl ol Recommended Pracllce lor Accounllng and R8POrting by Charlll8s Issuéd by the Charity Commisslon lor England and Wales Irevlsed In Jun6 20081 and in accordance with the Financial Reportlng Standard lor Smaller Entities lelfecliv8 April 20081. AS Slated the Introducllon lo Ihls report, thè Trustees consider the financial performance by the charlly during the year to have been satisfactory. The Sialemenl ol Financial Acllvilies show n61 outgoinglincoming resource8 lor the yoar ol a rev8nue nature ol .£ 3,244 (prior year £ 18,958 and nel realls8d ouigoinglincoming r8sources ol a Capital nature ol £ O, (prior year £01, making nel overall reallsed IncomSnglouigolng resourc8s of .£ 3,244 Iprlor year £ 18.9581. The lolal reserves al the yoar and alter accounting lor unrealised lossas alter révaluing investments of £ O (prior year £01, sland al £29,023 (prior year £32,267). Free unreslrlcled Ilquid reserv8s amounted lo £23,643 Iprlor year £27,120). Speclflc change8 In flxed assets Changes in fixed assets are shown in detail In tha notes to the ac¢ounl$.
LirrLE AMPS EARLY YEARS The re rt of the Iru6tee8 IOT the ar ended 31 Augu8t 2022 Plans for Future Perlod8 Llttle Amps wlll continue to look al other funding streams lor the benefit ol the selling and the children. Early Indlcations show thot fundln8 from Early Years w511 be reduced however this is Currently under ne8olation. With the easlng of restrictions we are looklng forward to Increasing fundraising activities. The name of the Chlef Executlve Offlcer and other Senlor 8taff member(8) 10 whom day to day man8gament ol the charltylg dolagaled by the charlty Iru8te88. Nevllle Carson Chairperson Tho member8 of the Board of Tru8tee8 ol th• Charlty durlng thg ygar ondod 3181 Augu8t 2022 were :. Amanda Costello Ro$i8 Pollock Neville Carson Paula Carson All are Trustees ol the company and M8mbers ol tho Management Committee, and thglr responslbllltle8 raspongibllities linclude all th8 r8sponslbilltl8s ol Iruslees under the Charllles Act, Commltt•• M•mb•r• Ruth Houston Nevillè Carson Paula Carson Flosie PolIk Amanda Costello Kyra Bloomfield Secretary Chairperson Troasurer Non Commltto• Mombor• None The member8 Ot Ihe Board of Tru81ee8 of the Charlty al Ihe date the report end a¢count8 were approved were:. Rosie PolliKk Paula Carson Neville Carson Kyra Bloomfield Troasurer Chairperson Banker8 Ulster Bank 13MainSI Maghera BT46 SAA
LITTLE AMPS EARLY YEARS The report of the trustees for the year endod 31 August 2022 Indep8nd8nt Examlner J A S Campbell & Co Accountant 49 Managher Road Aghadowey Coleraine BT514DE Slatemanl of Dlrector8' and Tru8tee8' Ra8ponslbllltle8 The Charities Act I r6quire the Board ol Trustèes lo prepare financial slalemenls lor each linanclal year which glve a true and lalr vl8w ol the slat8 ot allairs ol the charlly as al the end ol the Ilnancial year and of th8 sufpius or delicil ol the charity. In preparlng those financial stat8ménl$ the Board is required lo :. 88lecl 8ullable ac¢ounlln9 pollcles and then apply them con8581enlly,' rnake judgem8nl$ and esllmai8s that are reasonabl8 and prud8nl', and prepar8 the financial Slalements on the going concern basis unless it is Inapproprlale lo presum8 thai th8 charlly wlll conllnuè in buslness. state whether applicabl8 ac¢ounling standards and stat6menls ol recommended pra¢lice hav8 baen followed, $ubjKI lo any material (iepartures disclosed and explained in th8 financial slalam8nls', The Trustees arè also responsible lor mainlalning adequat8 accounllng records which dls¢lose wllh reasonable accuracy al any lime the financial poslllon ol the charity and which are Sullicienl lo show and explaln the charity's transactions and enable them lo ensure that thè flnancial statements comply wllh regulallons made under the Charilles AGI. They are also responsible lor saleguardlng th8 assets ol the charity and hence for taking reasonable slep8 lor the prevenllon and detection ol fraud and other irr8gularilies. The Trusteès ara also responsible lor thè contents ol the Trustees, report, and the responsibility ol the Indep8ndènt examiner In r6lalion to the Trustees, report is limited lo examining the rèport and ensurlng that, on the lace ol the rèport, there are no inconsis18ncles with the figures disclosed in the financial slalements. M•thod of preparatlon ol accounts These accounts have b88n prepared in accordance with the provislons applicable lo cornpanies 8ubjecl lo the small companles r69ime. Thls report wa$ pre8ented to the mèmberB and approved by them at tho AGM on Septembor 2023, and duely recorded In the mlnut•8. 10