NI CHARITY NO. 100921 CARRICK PRE-SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
CARRICK PRE-SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 CONTENTS PAGE General Information Annual Report ofthe Trustees Independent Examiner Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 9-13
CARRICK PRE-SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 GENERAL INFORMATION CHARITY NAME CARRICK PRE-SCHOOL REGISTERED CHARITY NUMBER Charity Commision Nl NIC 100921 Registered- 30 October 2014 CHAIRPERSON Eamonn McGovern CHARITY TRUSTEE'S Noel McCarthy- Treasurer Niamh Brennan Clan O, Hare Bronagh Brien Brian Walsh Martina McGreevv Kerri Farrell Orla Hughes Charlotte Thompson Christine Matthews Kevin McQuaid Roi5in O, Brien REGISTERED OFFICE 7A Sandry Road Newry Co Down BT34 2LB INDEPENDENT EXAMINER McPolin & Murdock ICAI Ltd 76a Main Street Castlewellan BT319DL BANKERS First Trust 42-44 Hill Street Newry Co Down BT34 IAR
CARRICK PRE-SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 ANNUAL REPORT OF THE TRUSTEES The trustee5 present their report with the financial statements of the charity for the year ended 31 August 2022. The trustee's have adopted the provisions of the Statement of Recommended Practice ISORPI 'Accounting and Reporting by Charities,, effective January 2015. Reference and Administrative Information The name of the charity's trustees at the date this report was approved are listed on page 3, together with the address of the principal office of the charity and the charity's registration number5. Structure, Governance and Trustees Carrick Pre-school is a charity registered with the Nl Charities Commission (October 20141, Charity Number 100921 and is involved in a range of activities that provide education to young children under the statutory school age within the Newry & Mourne area. Education is provided primarily through the means of play based learning encompassing a range of social, personal. intellectual and physical development skills and activitie5. Recruitment and Appointment of Management Committee Membership of the Initiative is open to the following, irrespective of the ethnic identity, age, gender, sexual orientation. nationality, class and marital statLts, political or religious opinion. The management committee is primarily made up of the parents of children who attend the preschool. The Committee consists of a Chairper50n, Treasurer and additional members. All positions are elected annually at the Charities AGM. Organisational structure The policy and general management of the affair5 of the Initiative shall be directed by the Cornmittee which shall meet periodoically throughout the year and are elected at the Annual General Meeting. Aside from the management committee the organisation has operational staff including a general manager and play school support staff. Reserves Policy The Trustees have not set a minimum level of reserves higher than the amount required for its fixed asset investments. The Trustees regularly review the level of reserve5 held and consider opportunities to apply them in line with, and in turtherance of, its charitable objectives.
CARRICK PRE-SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 ANNUAL REPORT OF THE TRUSTEES ICONTINUED) Responsibilities of Trustees As the charity's trustees we are aware of our responsible for the preparation of the accounts in accordance with the Charities Act (Northern Irelandl 2008. It is also our responsibility to: Select suitable accounting policies and then apply them consistently make judgements and estimates that are responsible and prudent prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with CCNI guidelines. The Trustees are also responsible for safeguarding the assets of the charity and hence to take reasonable steps to prevent and detect fraud and other irregularities. Dlsclosures of Information to Independent Examiners To the knowledge and belief of the Trustees there is no relevant Information of which the organisation'5 independent examiners are not aware. The Trustee5 have taken all the necessary steps of which they are aware, provided relevant information and established that the organisation's independent examiners are aware of the information. Tax Status Under Section 505 lillal and Icl of the Income and Corporation Taxes Act 1988, Carrick Pre-school is entitled to the charity tax exemption. Signed on behalf of the board of the Trustees Eamonn MCG Chairperson 1109 2025 vern Noel M Treasurer art 1109 2025
CARRICK PRE-SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 I report on the f inancial statements of Carrick Pre-school for the year ended 31st August 2022 which comprise the statement of financial activities, the balance sheet and the related notes. These financial statements have been prepared under the historical cost convention and the accounting policies. Respective responsibilities of theBoard of Trustees and the Independent Examiner As the Charity's member5 you are responsible for the preparation of the Accounts and you consider that the audit requirement of Section 65131 of the Charities Act INII 2008 (the Actl does not applv. It is my responsibility to state whether particular matters have come to our attention as a result of examining the financial statements. Basis of Independent Examiner's Statement My examination was carried out in accordance with general directions given by the Charity Com missioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the Accounts presented with those records. It also includes consideration of any unusual items or disclosures in the Accounts, and seeking explanations from you as members concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not expres5 an audit opinion on the Account5. Independent Examinerfs Statement In the course of my examination, no matter has come to my attention:_ lil Which gives me re350nable cause to believe that, in any material respect, the requirements: to keep accounting record5 in accordance with Section 63 of the Charities Act INI) 2008. to prepare Accounts which accord with the accounting records and to comply with the accountinE requirements of the Act have not been met.. or lill to which, in my opinion, attention should be drawn in order to enable a proper understanding of the Accounts to be reached. Gavan Murdock F.C.A McPolin & Murdock ICA} Ltd 76a Main Street Castlewellan Co Down BT319DL Date: 1109 2025
CARRICK PRE-SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 STATEMENT OF FINANCIALACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) Year to Year to 31 Aug-22 Unrestricted Restricted TOTAL 31-Aug-21 TOTAL Unrestricted Restrirted Note Income and endowments: Donations Fundraising Charitable Attivities Grants 3,780 900 9,554 60,491 3,780 900 9,554 60,991 3,639 3,639 6,730 52,888 6,730 70,004 500 7,116 Insurance Claim JRS Grants 2,133 2,133 Total Income 74,725 500 75,225 73,257 9,249 82,506 Expenditure on: Costs of Generating funds,. Charitable Activities Governance Costs Total Expenditure: 69,663 500 70,163 64,417 9,249 73.666 69,663 500 70,163 64,417 9,249 73,666 Net movement in funds 5,062 5,062 8,840 8,840 Reconciliation of funds: Total Funds brought forward 36,253 6,490 42,743 27,413 6,490 33,903 Total Funds carried forward 41,315 6,490 47,805 36,253 6,490 42,743 The statement of financial activities includes all gains and105se5 recognised in the year. All incoming resources and resources expended derive from continuing activitie5.
CARRICK PRE-SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 BALANCE SHEET 2022 2021 Note Fixed Assets Tangible Fixed Assets 8,666 8,666 7,243 7,243 Current Assets Cash at bank 39,139 39,139 35,502 35,502 Net Current Assets 39,139 35,502 Long Term liabilities Government Grant Total Assets 47,805 42,745 Funds Restricted Unrestricted 6,490 41,316 6,490 36,254 TOTAL FUNDS 47,806 42,744 The financial statements were approved by the board Trustees on 1109 2025 and were signed on their behalf by.. Eamonn Chairperson 1109 2025 ern Noel Mcca Treasure 1109 2025 The notes on pages 9 to 13 form part of these accounts.
CARRICK PRE-SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 NOTE5 TO THE ACCOUNTS l Acrountl lal Accounting Convention The finan¢ial stalemeTrlS have bèen piepaied in aLLoidaTrie with A(counting and RepDrtiiig by ChariliE5.' Stètemeiit Df Rp¢Otnmended Practice aPPi4rable to chaii14vS Pteparing their accounts In acioFdance wlth the Finantial Reportin8 Standard applicable in the UK and Republic of Ireland Chaiities SORP 2015 (FR5 1021, and the Cornpanie5 Act 2006. The financial stateireilts are prepared on a eOpflE roniern basis under the historical cost tonveplion. The financi31 5taiemnts aré piesentéd In SfeTlin£ which is the fuDrlional ctsrfency of thè Lhèrity Ibl Income All iDcome lincluding grhnlsl is accoted for as soon as the Charity receive5 fi receipts bosis. Icl Expenditure E¥penditure 5s In(lydÈd In the Stalernent of Financial Aciivilips ès soon as It is Incurred- p3¥mÈnts bè51S. Governance costs include tl)e diiect clearly IdÈnlifSable t05ts ot Èovernance arrangement5 that re13re to the general runiiiiig of the Charity. These activilips Pluvide the govemènce iiifiaslruclure that allt)W5 the Charity to operate and to genèlate the iDformAlion requiied for public arcountability. Indiiect gtsvernance c05rs. such as staff costs and office 5vppl¢¥s, have noi been sepeiktely idenlified and aiiDunted for slnce the cost and time of doing so is not £ortSidered suffcieritly benefiLial to a reader of thèse finaniial statemen¢5. Idl Fixed asset5 arbd deprecialiOTh Tèngible fixed 3s5ets ère st3tÈd èt cost Itss deyTecialiOn. At oach baldnce sheet date. the carryinE amounis of tènglble aSSu%tS are reviewd to delermine whellier thèie Is an iThdicolion ihat those assois have suffeied an irnpairment loss. Where the carrying value ejieeds the e¥lrinatèd recovefable 3rnovntlbIfjB the Ereater of fèlr value less cosrs to sell and value -in-u5el, an impaifmenl loss Is rec08nised immedialel¥ in tlie income and ependiture. Any reversal of a pievious Impairment Ioss 15 siTnilarly re(nised immediJlely in the iniome and eApenditure. Fi¥trute5 and Fittings 15% redvrin8 balance lel Filed asset lThvestrnents FiAed assrt investments are Stated at C05t. lfj Fu#d accounting Furpds heid togelher bylhe charity eiiher.. Unre%irjcied genèral fijnds these are funds which can be used In accordance with the chiritable objects at thÈ diretIon of the trustees. Restri¢i&d funds- these are fuDds that can only be tssèd for particijlar res1(ilt@d purposed withln the objects of the charily. RÈstriEiitsns arise when specified by the donor or when the funds are raised for particular purp05ed. FurthereNplanation of the nature and purpose of each fund is included In the noies to the financial stèlements.
CARRICK PRE-SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 NOTES TO THE ACCOUNTS ICONTINUEDI 2 Donations 2022 2021 Unrestricted Restricted Funds Fund5 Unrestricted Funds Restricted Funds TOTAL TOTAL Donations 3,780 3,780 3,780 3,780 3,639 3,639 3,639 3,639 3 Fundraisin 2022 2021 Unrestricted Restricted Funds Funds Unrestricted Funds Restricted Funds TOTAL TOTAL Last Man Standing Totals 900 900 900 900 4 Activitie5 for eneratin funds 2022 2021 Unrestricted Restricted Funds Funds Unrestricted Funds Restricted Funds TOTAL TOTAL Fees Totals 9,554 9,554 9,554 9,554 6,730 6.730 6,730 6,730
CARRICK PRE-SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 5 Grants 2022 2021 Unrestricted Restricted Funds Funds Unrestrlcted Fund5 Restrlcted Funds TOTAL TOTAL Education Authoritv Main Grants WPT Authoritv Comm Found Grant B50 SHSCT Totals 60,491 60,491 62,888 62,888 1,407 1,407 500 500 2,000 173 3,536 7,116 2,000 173 3,536 70.004 60,491 500 60,991 62,888 6 Insurance Claim 2022 2021 Unrestricted Restrlrted Funds Funds Unrestrlcted Funds Restrlcted Funds TOTAL TOTAL Insurance Claim Totals 7 JRS Grants 2022 2021 Unrestricted Restricted Fund5 Fund5 Unrestricted Fund5 Restricted Funds TOTAL TOTAL JRS Grants Tot31s 2.133 2,133 2,133 2,133
CARRICK PRE-SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 NOTES TO THE ACCOUNTS (CONTINUED) 7 Ex enditure Analysis of resources expended 2022 2021 Unrestricted Restricted Funds Funds Unrestricted Funds Restricted Funds TOTAL TOTAL Notes Staff Salaries Staff pension costs Training Staff Uniforms Resources Early Years Insurance Consumables Rates Light and heat Travel and Other Costs Computer expenses relephone & Broadband Professional & Legal Fees Repairs & Maintenance Cleaning Stationery, Print, & Postage Advertising General expenses Exceptional Item Bank charges Donation 51,976 1,032 678 558 2,825 1,854 1,230 1,140 602 579 51,976 1,032 678 42,460 191 1,617 168 962 1,944 1,231 1,231 555 1,694 5,669 48,129 191 1,617 168 4,542 1,944 1,231 1,231 555 1,694 558 3,325 1,854 1,230 1,140 602 500 3,580 579 1.571 757 1,571 757 1,669 1,684 5,553 1,276 130 1,669 1,684 5,553 1,276 130 1,461 875 73 118 1,461 875 73 118 311 311 461 461 293 200 1,529 69.663 293 313 313 200 1,529 500 70,163 Depreciation Charitable Expenditure 1,278 64,417 1,278 73,666 9,249
CARRICK PRE-SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 NOTES TO THE ACCOUNTS ICONTINUEDI 8 Tan ible Fixed Assets Total COST At I September 2021 Additions Disposals 15,034 2,952 15,034 2,952 At 31 August 2022 17,986 17,986 DEPRECIATION At I September 2021 Charge for the year Eliminated on disposal 7,791 1,529 7,791 1,529 At 31 August 2022 9.320 9,320 NET BOOK VALUE At beginning of period 7,243 7,243 At 31 August 2022 8,666 8,666 B818nce at I September 21 Movemènt in Incoming Resource5 Transfer of Funds Balance at 31 Au8U5t 22 Funds Outgoing Retricted Funds 6,490 500 500 6,490 Unrestricted Funds Capital Fund General Fund 15,000 21,254 36,254 15,000 26,316 41,316 74,725 74.725 69,663 69,663 Total Funds 42,744 75,225 70,163 47,806 10 Taxation The Company is registered as a charity with the Nl Charity Commission and by HM Revenue & Customs 11 Post-Balance Sheet Events There were no such events affecting the Financial Statements after the year end. 12 Related Parties The Charity does not have any related parties. 13