Dara Pre4chool Trustees, Report Thg Trustses of Dara Pr&8¢hooi present Iheir report and the Ilnanclal statements for the year endad 31 July 2023. Thè Trustses have adopted the wovlslons of Acc4unllng and Reportlng by Charlttes.. Statemènt of Recommended Practice appllcable to ch8rltles prèparing thr accounts In a¢¢ordance wth Ihe Financlal Reporung Standard appUcAble in the UK and Republlc of Ireland{FRS102), OBJECTIVES AND ACTivrriE8 The objectives of the Compony 8re to pfomotè prey based leaming envlronmen18 for all chlldren undor ¥tslulory school age. of th¢ Amiagh and its $urroundln9 environ$ County Arm8gh without dlstlnct40n of age, gender. marftal status. disabillly, sexual orSenlation, nallonality, ethnlc Identify, polltlcal or religlous oplnion. by assoclating the statutory authoritie5. community and voluntary organlsallons and the inhabitsnts In a common effort lo advance education, and In paTlicular. a) to advance the eduGallon of the benefldarfes by the provlslon of safe and satlsfylng group play, with the rlght of parentslcarers to take responsibillty for and to become Involvad In the aclvlles of Ihe group. and to promote the praservatlon of health of tho bon¢fi¢larle6', b) to support th8 valugs and principles of Eaty yoarn. FINANCIAL REVIEW Rg¥grvos pollcy It Is the pollcy of the Chadty that reserv8s that have not b88n deslgnatèd for a spedflc purpos8 should be malnfalned at a lév•1 equlvalent to belweén 6 12 months •xpendllure. Th& Charity conslders that roserves at thls18vel wlll ensure that In the event of a 8ignlflcant drop In fundlng, they will be ab18 to contlnuo somè actfvllles howover fhls wKJuld b& on a reduced scale. FUTURE PLANS The Charfty intendg lo continuè the work tt perfomis for benefit of the chlldren, whlle 8eeklng conlulnlng sour8 of fvndlng. STRUCTURE, GOVERNANCE AND MANAGEMENT G¢)vèrnlng documenl Tha Charlty is ¢onlrolled by Its govemlng 0Ment, a deed of trusL and constitutes a Ilmitèd company, Ilmlted by guarantee. 88 deflned by the Companles 2006.
Dara Pre-8cho01 Trustses, Report TRUSTEES RESPONSIBILTY 8TATEMEpir The Trustees are responsible for preparlng th8 Trustees, report and the financial statements In accordance wlth appllcable law and the United Kingdom AcMunllng standards (Unlted Kingdom Generalty AcpIed Accounting Pra¢tice>. Charities iegislatlon r4uires tha Trustee8 to prepare financial stataments for each flnanclal year. Under Charlties legistation the Twstees musl not approve the financlal slalements unless they a ¥ab¥fied they give 8 true and falr vlew of the state ol affalt3 of Ihe eharfty and of the incoming re$ource8 in¢ludlr*J the receipts and payments. of the charity for that year. In preparing these flnan¢Fal statsments, the Trusiees are requlred to.. - select sultable 8c¢ounllng pollcles and then apply them eonsistently,. •observe the methods and prinraples In Ihe Charities SORP: -make judgments and aoUntIng eslimatas that are reasonable and prud8nt: -6tate whelher applicabl8 UK accounting standards have be8n followed, 8ublecl lo any materlal departures dlsclosed a1 explalned In the flnancFal statements. "prepare the financlal stslornents on the golng cOM ba81s unles8 It is inapproprfate to pr8sume that the tharltabla company will ¢onllnue In operation. The TN8tee$ Aré r•$ponslble for keeplng 8doquats accounling rgo)rd6 Ihat are sufficient to 8how and oxplain the charws transactions and dlsclos6 wilh reasonable 8cr#Jracy al any tlme the financlal positlon of the charlty and enable them to ansura that the financlal statements comply wlth the Charflles leglslauon. Thay arè also responslble for safeguardlng the assels of the ch8rity and hence for taklng reasonab10 steps for the prevenlbn and detedon of fraud and other Irregularides. Approved by order of the board of trustegs on 15 F8bruary 2024 and slgn8d on Its bghalf Margaret Tlemey- Trustee