Rasbarkin Community Playgroup ststement of Financial Activities for the Year Ended 31 August 2019 Oncluding Income and Expenditure Account and Statement of Total Recogllised Gains and Losses) UnrestTlCtal runds Total 2019 Note Income and Endowments from: C}[table activities 59,030 Total income 59,030 59,030 Expenditure on: Charitable activitie5 (55,812 (55,812 Totsl expenditure Net in¢ome (55.812 55,812 3,218 3218 Net movement in funds 3,218 3218 ReeoDciliation of funds Total funds brought forward 19.483 19,483 Total fimds carried forward . 22,701 urestriCted fllllds 22.701 Total 2018 Note Income and Endowments from: Charitable activities 55.500 55.5(K) Totsl income 55,500 55.5(K) Expenditure on: Charitable activities (54,309) 54,309) Totsl ¢xpendi 54.309) (54.309) Net income 1,191 1,191 Net movement in funds 1.191 .191 Reconciliation of funds Total fiJn&s brought fomrd Totsl fi1$ carried forward 18292 18,292 19.483 19,483 All of th¢ eharity's activities derive from continuing operations duting the above two period5. The fiinds breakdown for 2018 is showD iti note . Page 5
Rasbarkin Community Playgroup (Registration number: 622952} BalaDC¢ Sheet as at 31 August 2019 2019 2018 Not¢ 25,316 27,406 Eed assets Tangibl¢ 85sets Curr¢nt assets Debtors C&8h atbaDk and in hand 453 46.930 41,844 Creditor5: Amounts falling dut withio one y¢8r Net current assets N¢t assets FuDds of the chxrlty: UDrestri¢ted income funds UDr¢striCted fuDds Oth¢r reserves Totalwe5trLCttd fiu]ds Totsl IIiDds For the financial year ending 31 August 2019 the chority was entitled to exemptiots from aud7t under section 477 of th¢ Companies Act 2006 relatiTrg to small companies. 19,483 22.701 The m¢mbers have not required the Charity to obtain 20 audit of its acCots for the year ID question in Director5, responsibilities.. ordance with sectioo 476". and The d3r¢ctors acknowledge their f¢SPODsTri Jilitie5 for complying with th¢ Y4uirements of the Ad wyth respect to accountitis rwds and the preparntionof ac¢ouDts. ac¢ouots hav¢ b¢en pr¢pared iti ac¢ordallc¢ w&th th¢ provisions applicabl¢ to comyes subje¢t to the Sm1 companies regime. The finao¢ial stat¢meThts on page5 5 to 12 were approved by the tsUSte¢s. and authorised for issu¢ on 28 Novemb¢r 2019 ond Signed oll their bebalf by.. Aaron Corr Tnjstee Sbarleen CaldeTwood Trustee Pag¢ 6
Rasharkin CoDJmunity Playgroup Notes to the Financial Ststements for the Year Ended 31 August 2019 I Charity status The charity is limited by guarantee. incorporated tn Northern Irelan(L and consequenlly does not have share capitsl. Ea¢h of the trustees 15 liable to ¢ontril)ute an amount tt exceeding £Nil t¢)wards the assets of the ¢harity in the eveut of liquidation. The address of its registered offiee Bajnford Park Rasbarkin Ballymena Co Antrim BT44 8RS These frLanciaI statements were authorised for issue by th¢ tnte¢S on 28 November 2019. 2 Aceomntillg policies of signlflcaryt aeeounting )]1¢1c$ and key aceouThting estiThates The principal accounting policies applied in the preparation of these fizjancial statements are set ollt below. These policies have been constst¢ntly applied to all the years presente4 un]ess otherwise stated. ststement of compliance The financial statements have been prepar¢d in ac¢ordaDce with Accounttng ond Reporting by CIwiti¢s: Statemellt of Recon]mended Pra¢tice applicable to charities preparing th¢ir accounts in accordance with the Financial Reporting StAndaTd appli¢able in the UK and Republi¢ of Ireland (FRS 102) (effective l January 2015) - (Charities SORP (FRS 102)), the FTnancial Reporting Standard applicable in the UK and Republic of IrelaDd (FRS 102). They also eomply with the CompaDie5 Act 2006 and Ch4Tities Act 2011. B43is of preparation Rasharkin Community Playgroup meets the defmition of a public benefit entity under FRS 102. Assets and liabilities att initially recognised at historical cost or transaction value unless otherwise stated in the r¢levant accounting policy notes. ColDg cone¢TD The trustees consider that there are no material uncertainties about the char]S ability to continue 8$ a going con¢¢rn nor any sigtiificant axe&8 of uncertainty that affect th¢ canytng value of assets held by the charÈty. ExemptioD from preparing a eash tlow statsment The charity opted to early adopt Bulletin i published on 2 Febnwy 2016 and have therefor¢ not included a ¢osh t]ow statement in these financial statements. Income and endowments All income is recoglli5ed once the elwity has entit]ement to the iDcom4 it is probable that the income will be re¢¢ived and the amount of the incorn¢ receiveabl¢ can be me&sured reliably. Page 7
R2sb%rkin Community Playgroup Notes to the Financial Statements for the Year Ended 31 August 2019 Grants receivab Grants are ttcognised whell the ¢l]aTity l]as the eDtitlement to the fijnds and any conditions lioked to the grants have been JneL Wbere perfomiance ¢oJditions are attached to th¢ 1 and ¥r¢ yet to be ULeL the iticom¢ is recognised &$ a liability and included on the balaoce sheet as deferred income to be rel¢ased. All exwLditure is recogDised onee there is a legal or constrU¢tive obligtion to that expendittre. it is probable Expenditure settlement is requiTed and the amount be measured reliably. Chariiable ÈicliviÉies Charitable exp¢nditure comprises those costs inauTed by th¢ chlty in the delivery of its a¢tiviti¢s and servic¢s for its beneficiaries. It includes both ¢ost5 that Can be allocated directly to such activities and those costs of an iDdirect nature nessary to supportthem. Govemmeot grallts aTe re¢ogDised based on the a¢crual model and D]¢asured at the fair value of the asset Government gr8Dts received or receiveable. Grants are classified as r¢lating either to reveDue or to wets. Grants relatsng to rev¢nue ar¢ reCols¢d in income over tbe period in whicb th¢ related costs are recogoised. Grants relating to ass¢ts are deducted from the cost of th¢ asset where identifkable otherwise the ryt 15 shown as income in th¢ yeOT recieved. The ch8rity is considered to Pass the tests Set out in Pwagraph I Schethd¢ 6 of the Finance Art 2010 and T#xatio therefore it meets th¢ definition of a ¢bar1ble company for UK cotV)rntion w purposes. A¢cordingty. the ¢]wity is potentially ¢xempt from t&xation in respect of income or Capit gains re¢eived withiti categorie5 overed by Chapter 3 Part 11 of the Corporation Tax Ad 2010 or Sedion 256 of the Tax&tioll of Chargeable Gains Act 1992, to the ¢xtent that sucb income OT gains 8r¢ applied exclllsivety to charitsble purpow. dividual fix¢d assets are initially recorded at cosL less any subsequent accumuhted deprlation and Tangible fixed assets subsequent a¢cumulated impairjnent losses. Depreciatioll and amorti5ation D¢preciatiOD is provided on tsngible fixed &8sets 50 &8 to write off the cost or valuatioty less any ¢stsmated Tesidud value, over their expected usefvl economic life as follows.. Depreei#tiOn ni¢tbod alld rnts 20% reducitig balanc¢ 2/0 reduoing balance Asset cl25S Plant & machinery Fixttwes & fittings Property Trade debtors Trade debtors ar¢ amounts due for servic¢s perforned in the ordinary course of busiT&ess Fund Structure Uwe5triCted iocome fi0$ ar¢ general bjnds that are availabl¢ for use at the rustees's discretion iTh of the obje¢tiV¢S of the charity. Page 8
Rasharkiu Community Playgroup Notes to the Financial Statements for the Year Ended 31 August 2019 3 Incowe from charitsble aetlvities Unrestricted fund5 Total 2019 Total 2018 General PEAG funding {ine. Pathway fi]nding) BSO milk grant GRTL grant NHSCT CFNt funding NCP grant- minor refjjrbislllnent Fundraising 44,631 188 736 44.631 188 736 38,136 117 1.690 1.000 2.117 1.994 780 3,182 3,643 1.885 1,947 780 3.1 3,643 1.885 1.947 3,516 5.483 1.170 2230 41 Registration fees Other income Income from inveslments 59,030 59.030 55,500 Page 9
Rasharkin Community Pl8ygroup Notes to the Financial Statements for the Year Ended 31 Augiist 2019 4 ExpeDditsre on charitable ¥ctivitses Ch*ritsble a¢tiYity costs Totsl 2019 Totsl 2018 118 36,969 1.423 474 1,397 1,625 549 824 732 1220 219 1,608 1.141 59 1.176 424 780 736 1.994 2,344 55,812 118 36,969 1,423 474 1,397 1,625 549 148 37,466 1,422 269 1.318 1.517 1,260 1,530 781 968 116 1,386 I,368 89 670 449 Fundraising costs Salaries, trdvellitig & training costs Early yeaTS specialist Rent & wat¢r rates L(heat & power Repairs & ¢leaning Work materials Tel¢phone Office expenses Graduation expenses Food Sundry expense5 Bauk ¢harges Legal & p¥of¢ssional 732 l220 219 1,608 1.141 59 1.176 424 780 736 1,994 2.344 55,812 NCP grant expenditure Big Bedtime Read expendittwe CFNI grant exp¢nditur¢ Depreciation 934 2,618 54,309 £55,812 (2018 - £54.309) of the above expenditure was attributable to w)r¢strict¢d fj]nds and £Nil (2018- £Nil) to restrkcted fi]nds. Page 10
Ra8harkin Community Playgromp Notes to the Financial Statements for the Year Ended 31 August 2019 5 Net ffineomingloutgoing ro50ur¢es Net incoming resources for the year include: 2019 2018 Depreciation of fixed auets 2,344 2,618 6 Taxation The charity is a registered charity and is therefore exempt from taxation. 7 Tangible fjxed assets IAnd and buildings Furniture and equipment Total At I September 2018 Additions 135,027 8,370 3,311 143.397 3,311 At31 August2019 DepreciatioD At I September 2018 Charge for th¢ year Ai 31 August 2019 Net book value 135,027 11.681 146,708 114,126 994 119,049 2,343 1.349 115.120 6272 121 J92 At 31 August 2019 At 31 August 2018 19,907 5,409 25.316 20.901 3,447 24.348 Included within the net Ix)ok Yaiue of land and buildings above is £19,907 (2018 - £20,902) in respe¢t of freebold land aod buildings and £Nil (2018- £Nil) in r¢5pect of leaseholds. tncluded within the net )0k value of fixe$ & equipment is £1184 of equiptnent purchased through a CFNI grant a4d £489 through a GRTL grant 8 Debtors 2019 2018 Prepayments 319 Page 11