NI CHARITY NO. 100921 CARRICK PRE-SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31AUGUST 2025 CARRICK PRE-SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31AUGU5T 2025 CONTENTS PAGE General Information Annual Report of the Trustees Independent Examiner Report Statement of Financlal A¢trvitie5 Balance Sheet Notes to the Financial Statements 9-13 CARRICK PRE-SCHOOL FINANCIAL STATEME￿5 FOR THE YEAR ENDED 31 AUGusf 2025 GENERAL INFORMATION CHARITY NAME CARRICK PRE-SCHOOL REGISTERED CHARITY NUMBER Charity Commision Nl NIC 100921 Reglstered- 30 Ortober 2014 CHAIRPERSON Garry Bergln CHARITY TRUSTEE'S Noel McCarthy- Treasurer Oeirdre McNulty- Treasurer Clare Bran5bury- Treasurer Martin Brennan Eamonn McGovern Aoife Mccomiskev Maria McKinley Clara McKinley Sonia Molev Sarah Crozler Ruth Murphv Caitlin MeAnulty Karen Trainor Una Doyle Patrice McAlinden REGISTERED OFFICE 7A Sandry Road Newry Co Down BT34 2LB INDEPENDENT EXAMINER McPolin & Murdock ICAI Ltd 76a Main Street Castlewellan 8T31 gDL BANKER5 First Trust 42-44 Hill Street Newry Co Down BT34 IAR CARRICK PRE-SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 ANNUAL REPORT OFTHETRLISTEES The trustees present their report with the financial statements of the charity for the year ended 31 August 2025. The trustee'5 have adopted the provisions of the Statement of Recommended Prartice1SOAPI 'Accounting and Reporting by Charities,. effective January 2015. Reference and Admlnlstratlve Informatlon The name of the charity's trustee5 at the date thi5 report was approved are listèd on page 3, together with the addres5 of the principal office of the charity and the charity'5 registration numbers. Strurture. Governance and Trustees Carrick Pre-school 15 a charity registered with the Nl Charities Commlsslon (October 20141, Charity Number 100921 and is involved in a range of activitie5 that provlde education to youn8 children under the statutory school age with1n 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 skllls and rtivities. Recruitment and Appolntment of Management Committee Membership of the Initiative 15 open to the following, irrespective of the ethnic identity. age, gender, sexual orientation, nationalityj class and marital status, political or rellgiou5 Qpinron. The m3na8ement committee 15 primarily made up of the parent5 of children who attend the preschool. The Committee con51Sts of a Chairperson, Treasurer and additional member5. All position5 are elected annually at the Charities AGM. Organlsatlonal Structure The polity and general management of the affairs of the Initiative sh811 be directed by thè Committee which shall rneet periodoically throughout the year and are elected at the Annual General Meeting. Aside from the management committee the organi5ation has operational staff including a general manager and play school support staff. Re5erve5 Poliry The Trustee5 have not set a minimum level of reserves higher than the amount required for its fixed a55et investments. The Trustees regularly review the level of resèrves held and conslder opportunities to apply them in line with, and in furtherance of, its charitable objectives. CARRICK PRE-SCHOOL FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 AUGUST 2025 ANNUAL REPORTOFTHETRUSTEES ICONTINUEDI Re5ponslblllties of Trustees As the charity's trustees we are aware of our responsible for the preparatlon of the accounts in accordance with the Charities Act (Northern Ireland) 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 ¢(Impany will continue in business The Trustee5 are re5pon5ible for keeping adequate accountlng records that are sufflclent 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 detert fraud and other irregularitie5. DlstlosLtrès of Informatlon to Indeptndent Examlners To the knowledge and belief of the Trustees there Is no relevant Information of which the organisation's independent examiners are not aware. rhe frustees have taken all the necessary 5tep5 of which they are aware, provided relevant Information and established that the or8anisation's independent examiners are aware of the information. Tax Status Under Section 505 lillal and Icl of the Income and Corporation Taxe5 Act 1988. CarrSck Pre-school Is entitled to the charity tax exemption. Signed on be of the board of the Trustees Garry Ber Chairper 23 06 2026 Deirdre McNulty Treasurer 23 06 2026 CARRICK PRE.SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST2025 I report on the financial statement5 of Carrick Pre-school for the year ended 31st August 2025 which comprise the statement of finan¢iBI 3Ctivitie5, the balance sheet and the related notes. These financial statements have been prepared under the historical cost conventlon and the accounting policie5. Respe¢tlve responslbllltles of the8oard of Trustees and the Independent Examlner As the Charity's mernber5 you are re5pon5ible for the preparation of the Accounts and you Conslder that the audlt requirement of Section 65131 of the Charrties Act INII 2008 (the Actl does not applv. It is my responslbility to state whether particular matter5 have come to our attentlon as a result of examining the financial statements. Bas1$ of Independent Examlner's Statement My examination was carried out In accordance with general dirertion5 given by the Charity Commissioners. An examinatlon Include5 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 item5 Or di5c105vre5 in the Accounts, and seeking explanatlons from you 35 members concerning any such matters. The procedure5 undertaken (Jo not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the Accounts. Independent E¥aminerf5 Statement In the course of my examlnatlon. no matter has come to my attention:_ lil Which gives me reasonable cause to believe that, in any material respect, the requirements: to keep accountlng records in accordance wSth Sertlon 63 of the Charities Act INI) 2008. to prÈpare Accounts which accord with the accounting records and to comply with the accounting requlrements of the Act have not been met,. or lill to which, in my opinion, attention should be drawn in order to enablè a proper under5t3nding of the Account5 to be reached. Gava urdoc F.C.A McPolln & Murdock ICAI Ltd 763 Main Street Castlewellan Co Down BT31 9DL Date-. 23 06 2026 CARRICK PRE-SCHOOL FINANCIAL5TATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 STATEMENT OF FINANCIAL AcllviTIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) Year to Year to 31-Au8-Z5 TOTAL 31.Aug-24 TOTAL Unrestrlcted Restricted Unrestrlrted Restrlrted Note Income and endowments: Donations Fundraising Charitable Activities Grants HMRC SMP + Comp 1,295 6,176 9,650 66,933 1,295 6.176 9.650 71,833 2,876 1,513 9,450 54,200 2.876 1,513 9,450 56,500 7,668 4,900 2,300 7.668 Total Income 84,054 4,900 88,9S4 68,039 9,968 78,007 Expenditure on: Costs of Generating funds- Charitable Activities Governance Cost5 Total Expenditure: 87,540 87,540 66.420 10,244 76,664 87,540 87,540 66.420 10.244 76,664 Net movement In funds 3,486 4,900 1,414 1,619 276 1,343 Reconclllatlon of funds: Total Funds brought forward 49,217 6,214 55,431 47,597 6,490 54,087 Total Funds carried fonNard 45,731 11,114 56,845 49,217 6,214 55,431 The statement of financial activities includes all gains and losses recognised in the year. All incoming resources and resources expended derive from continuin8 activities. CARRICK PRE-SCHOOL FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 AUGU5T2025 BALANCE SHEET 2025 2024 Note Flxed A55ets Tangible Fixed Assèts 6,261 6,261 Current A55et5 Cash at bank 51,319 51,319 49.169 49,169 Nèt Current Assets 51.319 49.169 Short Term Llabllltles Visa 419 Total Assets 56,844 55,430 Fund5 Restricted Unrestricted 11,114 45,731 6,214 49,217 TOTAL FUNDS 56,845 55,431 The flnanclal statements were approved by the board Trustees on 23 06 2026 and were signed on thelr behalf bv.. Garry Be Chairpers 23 06 202 Delrdre M¢Nulty Treasurer 23 06 2026 The notes on pages 9 to 13 form part of these account5. CAIiRICK PREICHOOL FINANCtALSTATEMÉNTS FOA THEYEAR ENDED 31AUGUST1015 NOIES TOTHE ACCOUNTS Iwl AÉcOuntiil8Con¥entlon The Financial 51alernenishave been prepared ACctsrd3ntèwlth Accountln8 and Reportln8 byCharitle5.' Ststemeni Reportln8Standafd3ppllcable In theUK and HeputrAlc of Irela￿ charIt￿$SORp 2015 IFRS 1021, and the Compan1es Act 2006. Theflnanclal 51atemenls are prepared on a Eoins wncern basis underthe historical cosi conveniion. Thefinanthal stalemtnts are presentèd In storlln8wfdch Is thefvnctlonal currenry of the charlty Ibl Incomt All income (Inc￿ding 8rantsl15 ￿nUntedfllra5sO￿n asthE Charity receive$11 recelpr5 basis. (¢1 Expetttslture ExpendkufÈ is Included In thestalernent of F￿3￿CIal￿￿￿itlts aswdn as It l%lncurr4d-paym$nts basts. Gcvernance costs ine1ude the dtrÈd clÉ3rfy hlèntifiablo costs of 8overnance arran{effleDlsthat relateto thp general runnlng ol rhe Charfty. These 4¢liYilies provide thè 8Ovèmance Inliastructure that allows the Ch3rftyto operare and to generate the Information rÈoulred for publlc acuuntabllfty. Indlrect Boverrbance cwis. such a5 staff costs and 0￿1(e 5upplles, have npt beEn SEPÈrate￿ Wentlfied and accounted for sSnEe th? cost and limÈ df du1ng so Is not considered 5ufftientty bEnÈficial to a reader olthesefln?oclalstatement5. Idl Fl¥ed iSSEts•nd deprerlati¢n TanilblÈ fixed 355et5 are Stated at fvSt less depfeiiatlan. At eath balance sheet d3te. the carrylng arnounts of tangible assets a￿ revlewd to detefrnlne whether there & art Indltatitsn thai those assets haye sulfered a Impairrnenl lo55. whe￿ the carrylni value exceed5 the estimated recovÈraWe arn4uAtlbeing Ihe 8reater ol lalr vèlue less costs to sell and value -ithusÈI, an impairment IDSS Is recognlsed Immedlately In the In