Charity Number: N10100733 r cOmpa￿Y Registration Number: N1073155 Sugar and Splee Earty Years Centre (A rfjmpanv linr '1" , t'LI'Jrantee FinaD¢i#I StaÉ.'Tr.::. ts .'v' Ihe year ended 31 August2018 ugar v4nd Spice Early Years Centre Company Limited By Guarantse Contents Pg8¢ Legal and administrative infonnation Tn￿tees, report Ind¢p¢n(knt examiners, report Statement of financial activities Balance sheet Notes to th¢ financial statements Sugar and Spice Earty Years Centre Company Limited By GuaraDtee Legal and administrative information **'.* Registered Charity name Sugar and Spice Early Years Centre Charity number N10100733 Company registration number N1073155 Prineipal oifice Units 7&8 Drumquin Ettt¢rprise Centre C.&stlederg Road Dnunquin Omagh BT78 4PH Registered office Units 7&8 Drumquin Enierprise Centre Castlederg Road on￿g￿ BT78 4PH The Trustsey The Trustees who 5¢rved the company during the period were as follows.. Mrs. N Mccartan (Chairperson) Ms. Joanne McLaughlin IVice-ChaiTp¢rson) Ms. Mairead Duffy (Treasurer) Mrs. Sharon Barrett (Vi¢¢-Secretary) Ms. Wanda Mullan Ms. Michelle McBride Ms. Diane Dennison M$. Janette Bogle Ms. Donna Teague Ms. Lu¢y WatteTS Mr. Jason D¢vlin Secrttary Ms. Mary Devenn¢y Sugar and Spiee EArty Ye¥drs Centre Company Limited By Guarantee Legal and administrative information {eont'd) Accountants Cathal Gornd¢y & Co Ltd 2 Ashfield Terrace OMAGH Co Tyrone Ballkers . Danske Bank Omagh Finanre Centr¢ 517 Market SLY OMAGH Co'Fyrone T78 IBN Sugar and Spice Earty Years Centre Company Limited By Guarantee Report of the trustees (incorporattng the directors, report) for the year ended Tlie tTh5tees present thetr report and the financial ststements for th¢ year ended 31 August 2018. The IMILSt¢ffj who ate also directors of Sugar and Spice Early Y¢ar5 Centre for the pwposes of con4)any law attd who s¢rved during the yeor and up to the date of this report are set out on page l. Structureg governance and management The Grow is a charitsbl¢ company, limit¢d by guarantee, incorporated on 9th J￿Y 2009. The company w&$ ¢stablished under a Memordndum of AsS￿latiOn. which estAbli5hed the objective5 and powers of the charitable compaDI. is governed under its Articles o,, Assoc AtiOD. In tb¢ event of the cornpany being WOUTtd up members are reqL'tr.'. contribute an amount nllt exceeding £1. Th¢ tn]5te¢s of the cbaTity, who are dtrectors. are detailed on page l. Objectives and activities The Charity operates a child ¢are service for the lo¢al comrnunity. Achievements and performanee The results of the Ye￿ are contsined in the financial ststements. Reporting Accountants Cathal Gorniley & Co Ltd will be the reporting accountants for the ensuing year. Small company provisions This report h&s tr*en prepared in accordance with the prnvisions 4)plicable io compani¢s ¢ntitled to the small companies exemption. R¢gi5tered Office- Units 7&8 Drumquin Fmteryji ise Lefttre Castleder,. Road Omagh BT78 4PH Si￿ed by ord¢r of the trustees FionaAgnew Compupw Secretary Dated- Sugar and Splee Earty Years Centre Company Limited By Guarantee Independent examiner's report to the trustees on tbe unaudited financial statements of Sugar and Spice Early Years Centre . -F I retx)rt onth¢ accounts of Sugar alld Spice Early Years Centre for the year ended 31 Au8QSt 2018. Respective responsibillttey of trustees and Independent examlntr As described on page l th¢ trustees, who are also the direetors of Sugar and spi￿ Early Years Centre for pu￿￿8¢5 of Company law. responsible for the prepar*ion of the ac¢ounts. and they consider that the company is exemo from an audit. It is my responsibility to Sta￿ on the b&sis of my examiMati¢L whether parttwlar matters have come to my attention. Basis of independent examiner'¥8tatemLlIt My examination incliide5 a fi.￿1￿ W lif the accounting recordy kept by the charity and a comparison OF the £ILLu￿￿lts Present￿ with those records. It also includes consideration of any unusual items or disclosures it) the accounts, and seeking explanations frotn you as ttIL8tee5 concerning any such matters. The procedures undertaken do not provide all the evidence that would be r¢quired itt an audil and consequently I do not express an audit opinion on the view given by the accounts. Indepejjdent examiner'sstatement In cOnn￿tIon with my examination, no matterhas com¢ ¢0 rny attentioo: (i) whi¢h gives m¢ reasonable Cause to believe that in any rnateria] respea the requir¢ments: to keep proper accounting re¢ords in ac¢ordance with section 386 of the Compantes Act 2006" and to prepare accounts whicb accord with the accounting records, comply with the a¢¢ounting requireTnents of section 396 of th¢ Companies Act 2000 and with the rnethods and principles of the Sthtement of Recomrnended Pra¢tice: Aceounting and Reporting bycharities have not b¢¢n met. or (li) to whic14 in my Opinio￿ attention should be in order io ¢nable a proper understanding ofthe accounts to be reached. .Y Lathal Cvornilev & Co I,tsi 2 Ashfield Terrace ONL4GH Co TyTone BT78 SES Sugar and Spice Early Years Centre Company Limlted By Guarnntee IDeOlllt & ExpeDdtture AeeouDts for the YeAr ElldAng 31 AUg￿$t 2018 2018 2017 Break Money etc Early Years - . Fundraising i.-. Grants Received rt¢ Milk Reclaim Sundry Income WELBIEA Belfast Regioll Western H¢alth & S¢xial Care Tnjst £3260 £7255 £1,430 £6,273 £83 £6.382 £50 £16,077 £202 £11 £35.639 £53,546 £2,736 IOTAL INCOME EXPENDrruRE 2018 2017 Accountancy F¢e5 knortisalion Bank Fee5 & Interest Clothing Depreciation l Loss or Gain on Sale Donations l Gifts EquipTnent Repairs & Maintenance Employers NIC Food & Drink Heat & Light Heating Oil HirelCarriag¢ Insurance Postage & Stationery Rent Repairs & Maintenance Sundry Expenses T¢lephone Toy5. Books, Safety Equiprnent etc- . Training Wage$ & Salaries Water Charge% Youtb Tr¢￿ISpOrcTrip:. £781 -£5,564 £43 £415 -£5,564 £202 £616 £7,491 £100 £431 £759 £2,888 £601 £576 £6.345 61 £520 £3,147 £690 £581 £880 £919 £470 £3,438 £2.390 £6,444 £1,327 £6.022 £1.509 £38,942 £464 £806 £269 £3,750 £4,205 £2,613 £1,227 £8,327 £1,481 £34,144 .cI8L I'?TAJ. EXPENSE NETT INCOME Sugar and Spice Earty Years Centre Company Limil¢d By Guarantee Jance Sbett as at 31 August 2018 2018 Fkned Assets 2017 Tangible Assets £85,714 £92.059 Current Assets Dankse Bank- Alc 01111876 Dankse Bank- Alc 70209775 Cash in H￿d £1,979 £315 £23 £250 CllrreDt Lisbiliti Creditots & Acen￿lS Dank5e Bank- Alc 01111876 £642 £908 £3,006 Government Grattts £82,101 £87.665 Net Assets F￿lld$ UnTestri¢ted Income Funds £5265 £753 A¢cumulÈied FuDds Sugar and Spice Earty Years CeDtre Company Limited By Guarantee Balanee Bheet (continue(i) .- Trustees statements required by the Companies Act2006 for the year ended 31 August 2018 . Jn approving th¢5e finon¢ia] statem¢Dts as In￿S of the compallywe herebyconfirni: Forth¢ year ended 31 August 2018 the company was entitled to exeinption UDder Article 257A(l) ofthe ￿mpanIeS (Nortlwn Ireland) Order 1986. No members have Tequired the company to obtain an audit of its ac¢ounts for the year in qu¢slion lll a¢¢ordance with Article 257B(2). The directors acknowledge their responsibilities for eomplyitig with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of ac¢ouDts. These aceounts have been prepared ill accordance with the provrsions applicable th ¢ompanies subject to the STnall companies regime. The finan¢iai statements were approved by the committee and authorised for issue and are signed on their behalf by.. . NM6Carian Mrs. FA8nf Datrd: Is Chariry Number. N10100733 Company Registratioll Nurnber: N1073155 Sugsr and Spi¢¢ Earty Years Centre Company Limited By Guarantee Notes to financial statements for the year ended 31 August 2018 1.0 Basls of accountlng The finats¢ial statements are prepared ￿der the historical cost convention and in accordan¢e with the Ststement of Recornmended Practice 'A¢counting and Reporting by Clwities, tssued in Mar¢h 2￿5 ISORP 2005) and the Companies Act2006. 1.1. Cashflow The ¢harity h&s taken advantage of the exemption in FRSI from the requirement to produce a whflow statement ￿CauSe it is a srnallclwity. Fixed asset5 All fixed assets are initially record¢d at cost. IJ. Depreciation D¢preciaiion is provided at r￿e5 cal¢ulaied to WTite off th¢ cost less re$idual valu¢ of each asset over its expect¢d usefiji life, as follows.. S￿ret Garden Equipment 20 Years Straight Line 2(P/a Reducing Balance 1.4. Staff Costs and Emoluments Partlculars of Employees Tot21 staff costs were as follow5.. 2018 2017 Wages and salaries Social Security ¢osts 38,942 520 34.144 759 39.462 Particulars of employees: 34,903 The average numb¢r of employees durtng the year, calculated on the basis of fvll-time equivalents, was as follows.. 2018 2ipl'" Number (Trt :ILJSte¢s Nutnber ul. ￿taff 17 14 No ¢mployee received remunerdtion of more than £60.000 during th¢ year (201&Nil). Company limlted byguarantee. The Company is limited by guaxant¢e. Sugar and Spice Earty Years Centre Company Limited By Guarantee Notes to the FlnaD¢lal Statemellts for the Year Ended 31 August 2018 .CredltOTS & Ae¢Tuals . AccfjuDtaDts Fees Toys. Arts. Crafts etc Water £420 £100 £122 Flxed Assets Freehold Property Equipme Total Opening Bal. Additions 89,044 3,015 92.059 89,044 3,015 92,059 Disposals 89,044 3,015 92,059 Le￿d Asset Allow. Depreciation Closing Bai. 603 83,302 2.412 Co Net Profit per Accounts 4,513 Add:_ Depreciation Amortisatton 6,345 -5,5&1 Prnfits 5294