Registered number N1621023 Charlty number 101011 Dara Pre-sch1 Report Of The Trustees and Financial Ststements For the year ended 31 July 2024
Dara Pre4chool Annual Report Contents Page cPanY Infom)ation Report of the Trustees 2-3 Independent Examinerfs Reyt Statoment of financial actsvitses Balance Sheet Notes to the financial statements 7-10
Dara Pre4clMxJI Company InfnaOn Margaret Ti8mey(Directorrrntee) Aira Oates(Directorrrrustee) Deirdre McShane(frustee) Indewndant •xamlnor LKerr&Co Unit 58 Lou9hgall Ro1 ATh8gh BT617NH 8ank•rs Bank Of Ireland 11 Upper English Street Armagh BT6178H Roglst•r•d offl 17 Drumarg Villas Dmmarg Arniagh BTeA) 4AL Re9lslored ftumb•r N1621023 Charlty numb•r 101011
Dara Pre-school Trustees. Report The Trustees of Dara Pre-sc present Ihelr reF#yt ar the financial statements for the year erKled 31 JY 2024. The Trustees have &lopted Ihe Frfovlslons of A¢inti and Rerthing by Charbties: Statement of Recommended Practice aprAicable to charities preparirwJ their accounts in accordance with the Financial RetM)rtirNJ Standard applrable in the UK aThJ RepublK of IrelarMJ{FRS102). OBJECTIVES AND ACTivmES The obiecbves of the Company ar8 to tK(xnoi8 play based l&vning environments for all children und8r ststutory sch1 age, of Ihe Am)agh and ts sumjunding environs in County Amagh wrthout distinction of age, gender, marital stats. disabilty, sexual (xientatK)n, nationalty. ethnic identify. Oitical or re1lOuS opinion. by associatiThJ the statutcry authorities. communty and voluntary 0ryanlsatK and the inhabilants in a common effort to advanc8 education. and in particular. a) to advantx the education of Ihe benefiuaries by th8 provBion of Safe and satisfyir¥J group play, wilh the right of parentslcarers to take resp)nsibility for and to become invofved in the actsvitses of the group: and to promots prese1vali of health of the benefi¢iaries; b) to SUFPOrt the values arKJ prin¢ipl8s of Earty y8ar& FINANCIAL REVIEW Reserves policy It bs the policy of tho Charity that reserves that hav8 tM)t t*8n d&signal for a spgcific purpose should be maintsined at a level equivalent to befvn 6 12 months exp8nditure. Th8 Charity conskJer5 Ihat reserves at Ihis level will ensure that in lh8 event of a SnIficant drcp in fundirKJ, they will bè able to conlinue some activitses ho&r this would b8 on a reduced scal8. FUTURE PLAN5 The Charity intends to conlinue Ihe work tt for the benefft of Ihe children, whlle seekn'ng contuining sources of fundirKJ. STRUCTUR4 GOVERNANCE AND MANAGEMEiir Governing do¢ument The Charity is controtted by its (hxument, a deed of In( and conslitrrtes a limited company. limite(I by guarantee, as defined by Ihe Companies Act 2(M)6.
TNstee8' Report TRUSTEES RESPONSIBILTY STATEMENT The Trustees are responsible for weparirwJ the Trustees. rewrt a1 the fjnanc4al ststements In accordence wlth applKable law and th8 United Klngdom Accwnting Standards (United Kingdom Generally Accepted ACcnrj Practlce). Charities 18gislalion requives the Trustees to rwte firn¢ial statements fly 8ach financial year. Under ChareS legislakn the Twstees must not approve the finan¢lal statements unless they are sattsfied they give a true and fair view of the state of affairs of the charity and of th8 incomiry resources irKauding Ihe receipts and payments, of the charity for that year. In prepanrJ these financAal sLments. Ihe Trustees are rewired to. . select sultabl6 accountr wllcles and then appty Ihem consistenty. rv8 thè 8 ¥KI princie$ in the Ctwili6s SORP: .make Dyjgments and acrA)unting estimates that are reas(Thble and rnxjent .stste whether applicable UK accountiFVJ stsr#Jarts have iwi ft4luwed. subieci to any matsrial d8parknJr8s discbsed aFvJ explained in th8 financial statements. presume that the charitable company wll conlinu8 in (¥rakn. Th8 Trustee8 are responsibl8 for keoping adequate accwntirKJ records Ihat are sufficient to show and explaln the charitys transactions arKI dlsclose Y4ith reaSble acraCY at any time the finanoal posibon of the charlty and enablè trEm to ensure Ihat Ihe finan(ial statements comply ¥th the Charities 58gislation. They are also responsl)le for safeguardlng Ihe assets of Ihe tharlty and henc8 ts takk reasonable steps for Ihe prevention 8fKI detection of tra and other iulaTi11es. Approved by order of Iha board of trustees 17 Oct(kn 2024 aNI signed on its bèhalf by. Margaret T. Tntstee
InpOndOt •xamlnefs r•pwt R•specdw rnsponslbllltles of ¢harftytrustees and •xamln•r As the charity trustees (and also the directors of the c(wny for the puryx)8es of ¢ompany lawl yi)u are resFKThible for the preparatIC of the ants in xcordance with the requirements of Ihe Crffnpanl88 Art 2006. HaviTrJ sali5fied myEeif that the iarity is Tr)t suw to audit undgr fxmnpany law. and 1$ eligible for independent examlnabc. it is my pOns1tlitY to: 2. Folkw the predureS laid down in the general Direclions giv ty Ihe Charfty CcrfTwriwion for Northom Ireland undor secllon 6519Xb) of the Charblies ACL Basis of tho indwnd•nt ox•ninorfs roport I have examined charity acxounts as required sectK)n 65 of ts Chariti85 kt and my examination was carried out in C(dar with the gernfal Direc11ti given by the Charity Ccffimbssi for Northem Ireland urmler seditin 6519)(b) of the Charthes Ad. The examinl¥Jn induded a review of the acrUnI]ng r)rdS kept ty the Charity and a comparison of the accourts 8sented with those recollls. It also induded nSideratiOn of any unusual items or di%b)sures the accounts. and segking eyp18nations from you as drity I[ust9 conceming any such rnattws. My role is to slate whether any rnaterial fmtters have Come to my attenti ouse to believe: 1. That a¢UntIld reo)rds rnt k¢pt in a(y>)rfance seckn 386 of the CNnrAnies Act 2006. 3. That the a¢counts do not ccryty wilh the aeLnrj requirements of section 396 of Ihe Companies Art 2006 and with tho methods and princiFd&s of Chariti8s Staiernt of RecomThnded Practice aptlicabk to thareS wgparing their acJyJunts n acCn¢0 with the Finan¢ial ReportirvJ Starnlard a[wNble in the UK and Reputkn of keland. 4. That there 1$ further inf(w1rkn ne¢d&J for a undersirwJ of Ihe 8¢Xnts to be Indendent examln•rfs statement I have completed my examination and have no ¢nce in respec of the rnatters {1) to (4} lis Irelth. I have fowd no matters Ihat require drw*lry to sThir attenlth. LKerr&Co Chartered Accountants UnFt 58 Armagh Bus1rS Contre Loughgall Road Arn7agh BT61 7NH 17 Octcthr 2024
Dara Pre4chool Statement of Financial Acllvltl for tho y•ar •nded 31 Juty 2024 2024 2023 Restrlcted funds Unrestricted funds 86.359 34.597 73,756 23.547 Totsl In(1¥¥j rescwrrns 120.956 97.303 Re8ourc•g oxpon$8s Restricted funds Charitable activltles 104,879 82.423 Unrestrlcted funds Govemance costs 7.938 112.817 89.283 8.139 Fund balanc•8 brw forward 144.716 136.696 152.855 144.716
Dara Pre-school Balance Shwt as at 31 Juty 2024 2024 2023 FIX ass•ts Tanglble assets 67.520 68,300 Cash at bank and kn hand Tl.136 CredltorJ: amounts falllng due wlthln om year (720) (720) Net ¢urr•nt assets 85.335 76.416 152,855 144,716 Incomo funds Unrestricted funds Restricted funds 152.855 144.716 Total funds 152,855 144,716 The charttsblg company Is 8nOUed to exemptith) from audit undor sedKm 477 of Companbos Act 2006 for the yEar end 31 July 2024. The membern have not required the charitsble company to obtain an audit of Sts financial statements Ihe year ended 31 July 2024 in accordan( with Sectlm 476 of the Companies Act 2006. The trustees ackrKAvlets their re8pM)nsibthlRs for (a) ensuring that the charitable f))mpany keewJ Anting rec$ that comply ilh Sectvm 386 and 387 of the Companies Act 2006 and {b)pparing finanal statements which give a true and fair vi8w of Ihe state of affairs of the charitable company as at the end of each financial year a1 of its surplus or deficit for each financlal years in acccKdance with the requlrements of Secllons 394 and 395 and 0th8Thvise compty with the requirements of the Companies Act 2(MJ6 relating to financbal statements. so far as applicable to the charitable company. Those financial statements have been wepared in aCcordae with the special provisK)ns of Part 15 of the Companles Act 2006 relating to small tharitsble companie5. The financial statements were apwoved by the board of Trustees on 17 0(aotw 2024 and were signed on its bel1[ by. Mar9afet f*mey {reC) .
Nots8 to th• A¢¢ount• for th• •nd•d 31 July 2024 The finan(yd statemerts of the charilable LXrfnpY. is a public tenefft m under FRS 102. have been prepared in 8cCOr ith the Charthes SORP {FRS 102) Rewyllry in KcrYdanc• vAth th8 Finarwl RowliThJ aFpkabl• in UK Rekxth d Irèland IFRS 102)18ffo¢tivè 1 Janutry 2015).. Firwcial Reptytsy staJard 1(r2 Tr FinanrAal ROFrf)rtiThJ a#tle in the UK RewtAic of IrelaThJ' aTrJ tha c185 21Th. Doprn¢latlon Fixiurts & fftlirvjs 20% slwht lino committlNJ tho tharity to th8t •xpendIO, tt is Ihat • transf•r of bafft5 ryll required in 8etUement and the arnjnt of the obti ian be meaf4Jred relbatdy. Expendire trustaes.
Notos to the Pxcounts for th• y•ar •nd•d 31 Juty 2024 2 InGome 2023 Educatb)n Authority grant SHSCT 9rant Milk svant 56.931 12.075 191 53.996 14. 14.950 G¢ttiNJ rga(ly to ieam EA Engage Funding Childcare Partnerstiip 2.912 99) 73.756 2.200 Fundraising 3.465 20,082 30.317 34.597 ZJ.547 2024 Staff salari85 Heat & Ilghl Staff unifi¥rms Telephone Transpxl Trainirvj Provision5 EquiFKnsnt Insuran Repairs and mnInr Rates 89217 2,116 65.014 1.895 1.067 717 871 71 1,705 5.171 426 1.023 2,166 278 82.423 1.195 1.575 104.879
lor th• •nd•d 31 July 2024 unrns1r1¢ funds 1.375 Bank fées gjndry eyrtsos 4 Op•r•llng pffofft This 15 slaknj alknr 2.665 S Tanolbl• fix•d a••ots Land & Flxiurns & Bulklln Total 61.655 2.720 64.37S 120,655 2.720 123.375 At 31 July2024 59.(KK) D•pr•clatlon Al 1 August 2023 Charge for the J*r At 31 July 2024 52,355 52.355 3.500 55,855 55.855 At 31 July 2024 8.520 67.520 At 31 JY 20fJ 6 Cr•dltorn: amount• f•lllw du• vrtthln on• y•ar 2024 2023 720
for the onded 31 July 2024 7 Unrn•tsW fvnds 2024 144.716 34.597 (7.938) {18.520) Incoming ro$wrS iliso(V(rett8s8dl At 31 Juty 2024 152.855 At 1 ALWybSt 2023 Prior yèar adjustrts At 1 January 2013 Incoming resources utiSe(v{Te8$ed> 86,359 {104.8791 18.520 At 31 July 2024 8 Tu•tlon 9 Llablllty of arrnt rM)t exr*edivJ £1. 10 Controlllng p¥ty Tfwo is rK) utbmal& ccffilmlliry pwty. 10