Charity No 101344 ST MALACHY'S PRE SCHOOL PLAYGROUP Flnanclal Statements for the year ended 31 March 2021 Campbell & Co
ST MALAGHWS PRE SCHOOL PLAYGROUP Contents Page Business Infomiation Trustees Report Indepgndenl Examiners Report Profit and Loss Account 3-10 13 Balance Sheet 14 Notes to the A¢¢ounts 15-17
ST MALACHY'S PRE SCHOOL PLAYGROUP Buslness Inforniatlon Business address 72 Nursery Avenue Colerain$ BT52 1 LR AcCoU¥ant J A S Campbell & Co 49 Managher Road Aghadowey Coleraine BT514DE
ST MALACHYS PRE SCHOOL PLAYGROUP The re ort of tho trust88s for the r ended 31 Mar¢h 2021 Introduction The Irustets present their annual report and acwjnts forth& year ended 31st March 2021. The board of trustees are Satisfied with Ihe performance ofthe charity during the year and the pos1tn at 3151 Marth 2021. consid8rfng th8 8ddiiKinal financial burdÈn placed pon the organi5ation by the new requirements by govemment for the living wage and workplace pension8 and despll8 thè for5eable introducticn of a m(thIY rent chargewe feel we will me&t our budgel forthe upcorning year. Name, registered office and eonstitution of the charfty The legal registratn details ar8:_ St Malachvs Pre-school Playgroup Chanlies Cornmissn Number The tel8phon8 number6 a 101344 07756145275 07889259839 Oblectlves and Actlvltles of th¢ Charity A sumrnary of the objects of the ¢h&rlty as $•¢ out In Its governlnu documgnt. In setting our objectives and planning our activities our wv8mors have gbven caref Considèrati t(> Ihe Charity Commis&on's g8n&ral guidance on public b?nefit and part[Gur to its supplementsry pU*C bEnefit guidance on advancing 8ducalion and on fee charging. The objects of St Mala¢hrfs Pre P18ygroup Is lo provide a quality chIldca S8ce for child of 34 yoars of age. We endeavour lo promote Indepen(Jer, devdop soa81 skllls and personal development in slruclured and ffÈxible way. All thls vrilhin a safe. warm enviroment where children's physical. wnotion818nd sodal developrnent is paramount. 11 is the policy ol Sl Malad)Vs Pre Sch¢K)I Playgroup lo protect and foster the dignity of children by ensuring Ihat 51aff treat each child as an indiwdual. valuing their unique allributes and qualities. Polleles to ensure the thildrens Safety and welfare a in place. distrited lo all and are Sticdy adhered lo. These poliues include sh matters as dpierse as.. Safeguarding Equal Opportunilles Policies. Additional Need Policies Medical Emergency Prctedure. soal Nethrking, E-safety snd rnobile phone pDHde8. Seujrity of this Setting. Collectn Policy. Covid-19 and So¢ial DIstanng st MalathY$ Pre Schcd Playgroup reuJgnl$e$ the imkrtanCe of working in p8rtrwship wlh parent51carers to promote the b8St in¢ere51s of children and that parents play a key rde In th8 educatk)n of their Ghildren. The playgroup 11 work in partner$hW with and 5UPPOrt parent5 in thi5 rde.
ST MALACHYS PRE SCHOOL PLAYGROUP The report oftha trust8•s for the year ended 31 March 2021 Publi¢ benefit that Isprovldedby the Th8 publt knefit proide¢J bytlE PL8ygrcup starts vAth Ihe thildcare provided to the cNldren. prowding quality childcare frorn qUal18d chlld care providers and boking aft8r thelr heth and well being on a daily basL8. Following on frorn Ihi5, gro¥wng the thild s polenud durlng thdr me un¢Jer our care and directlng their personal and Social dev81opment. Providing a reliable and cost effeclbie seiCe lo the parents. taking acujunt of safety. educational 2nd nutrilK)nal issues. Providing support and guidance to the parents. Radiating out frrn here to thÈ eornmunity at large, providing local f8cililie5 that keep Ihe communlty together. Therefore people donl have lo18ave the area lo get these b8nefits In larger lown5 cities leading to the slow deGline of the area. ProvIng local employment and training bolh full lime I part time, voluntaryor paid. cOrdInatIng wfth lo¢al s¢hools and falItIes, to th8 ben8fft of all partie5. A lot of these goals ar8 qualltsuve and longterrn. and thus hard to measurn. As a ba5iG indicator though in 2020 we had 26 from 26 farnilies and h 2021 we had 15 ¢hIn frixn 15 farnilie5. Oth8r more quanUtalive Ilko numbers of hours childcare provlded, and numbers of loeal staff emWoyed are detaid below.. 2021 2020 2019 No of st&ff mnber¥ living within catthment ar88 No of students in the year 15 28 25 The Charity 8ims Includlng the changes or differèneès itseeks to make through its acllvitles. The Trust aims to promote tIE independence and personal development of the chIren wllhln our Ca whi151 a150 developing their soci818kills. The charity contributes towards pr8paring our charges for the opportunthes. rosponsibili118s and experfen¢e of later lrfe. An explanatlon of the ¢harlty's maln obJecUYe5 for the year. The Trusts objectwes during the year were 25 follows.. To tyic¥ease childcare place5, whilsl 51111 provi¢Jing a hpJh level of seNce. To ¢Jevelop our links with local schools. To provide ever improving tralning for our staff and so prowde an even better service to the local community. To increase the amount of fundraising aclivilie8 in the communlty, aThJ Increase the fijnds gÈrKraled by th8s8 new and e$n9 activilles. d has changed ouroverall daily QPEration. Firstly we d¢J5ed in March 2020 and a few otherF*riodsas requested sowe wenttoonline and wereable to create home learning packs. A lot of prOdUre have been undated to allgD wlth the Impartof Covld butoverall we managed everything successfully. A lot of Funding wa5gNen dueto Covid whichgreatty helped and a150 enabled us to updatethe flwrlng In the presthoDI whlch was great Deeded. Otherfundingwas usedto updateand Invest in much needed re50ur¢es.
ST MALACHYS PRE SCHOOL PLAYGROUP The re ort of th8 trust••s for the ar ènded 31 March 2021 An •xplanation of the charfty& slrategles foraehlevlng its stated objectlvès. During this climate of reduced wvernment funding. the Charty needs lo stand on fts own two feel. lo conllnue to achieve the charitvs oble¢tive5 Ihe fdlowng strategies have been Identified: Increas fundraising I[ch we achieved this yearl Mll be more important In tho future outside fundlng Is more drfficult to obtain and inflalion increases our Gosl5. We are having difficulty maintsining the level of fund raising, and a5 a result of this rnor8 oniJ$ being plad on Senior Stsff to activelywoth to increasè thi5 and rtlea¥a Ihls task to th volunlary rnember8. Structu payment schemes are in place wilh discount8 for pasThenl bydhct Bbit, altempling lo reduce th& admini5tralion 1rden of having to pursu parents and guardians for outstanding CK)Unts. ervlGes providerfj that contribute to the achi•vèment of the slated objectives. Th8 CharfW$ main $eNce is th8 pro¥Asi¢)n of childcare lo the ttswnland5 of Ceral. The Charity oxnplies wtth all employment legislation. pay5 jeqUate San88 to staff. prowdes OPPDrtunilies for ongoing training In order to acknowledge the reswnsible an¢J 8kllled nature of Ihe work with chlldr8# and to protect the rights of ernployees. We ensure that each staff metnber will be trained to a minitnutn of NVQ level 3, and ar8 gistered under the Ch1mind1n9 and Day Care Regis1ratn Children INI) Order 1995 with all that that entalls. Each child is allocated a narned carer. We adhenve to the Minimum standards set out by the North8m trust SUOn will be in the ratios as follows.. 1..3 for O-2 year olds, Ino18ss than 2 staff al any lirn81 1..8 for 3-4 year olds. Ino le55 than 2 staff al any timel The ¢ontrlbutlon of volunteers Whilst not a slgnifi¢anl element of the car8 Statt, It 1$ a¢knowledged that without the large number of unpaid hours contributed willingly by Trustee5 in administrative rolÈs the charity could just not operate. Al80 the 8pptsrt of parents and the o)mmunty In fund raising makes a large conlrlbullon to the su¢¢e55 of the Trust. Th& Pre-school would like to thank all commlttee and voluniry staff for their conlnlou$ $vpport The Pre-school Management WOU alsn like to thank th& d10$0 of Down and Connor 8 Fr Sheenan Psh Priest os St Malathys Coleraine for their ccnlinious support. Aehievèments and Perfom)anc• of the Charity A review ofcharltable aetlvitiés undertaken by the charlty The charitable acllvilies undertaken bythe Trust take the form of sub$ill$lnu the c05t of the childG8re charged to the parents. Addilronal support 8nd guldanc8 1$ providwj to par15 a5 they rg4uire it.
ST MALACMYS PRE SCHOOL PLAYGROUP The report of the trustee5 for th• ar onded 31 March 2021 Fundraislng actlvlties Whilst the Trust relies on grant ald from the donoTS idenJtled In the accounts. whose support IS Valued. there is Still 5wpe to furth8r increas2 fundraising actiwlyas. Those undertaken in the 2020 yew include the follows.. 2021 2020 2019 Total fundraisiTJgldonations 1C4)0 547 Factors ftlevant to the achlevgmeftt of the charltys objectlvès One of th8 maln factrjts affe¢ting the Charitys 2bllty to achieve tts achieve its objeclfve$ Is competition from statuary nursery which receives a higher allocation of funded p5 Ihan we do. Employment ofdisabledpersons Ongoing wnsullalions are being ratried out with Earfyyears to fottnulale a di58bl8d work8rs Il¢y. Bul as yet no Oicy for disab18d workers 15 in pla. Structure. Govemance and Management Nature of th8 Govèrnin9 L)ocument and Constltutlon of the charity Tha Trust is governed by a constitution administered by a voulantarry committe8. The methods adopt8d for the re¢rul¢ment and appolntmgnt of ngw Irustees When new trustee5 are required, usually Ihrough vacan¢ies owuring. the 8tIng trust88S deride what ski115. experience and knowledge is reqed. Tan9 Izre to comply wlh any spetifi¢ requirernen15 sel out in the govemlng document5. The position Ls then advertised withn Ihe facility8nd locat church bullelns. Fit Person a55e55rnents as requlr8d ar8 carrfed out by So¢ial Servi¢e5. Candk18tes are fom)allyappointed at the AGM. The policies andpmcedurès adopted for the induction and tralnlng oftrustees. New Irust8e$ are introduced to the other trustees and key metnbers of staff so Ihat they can get a belter understanding of thè organfsatlon, and the challenges it faces. The trustees are given an indUCtn pack oullnlng the background olthe orgaDisalion, job role5 and re5ponsibililies elc. the pad( Includes such thlngs as a Gopy of 51aff terrns and condition5, finance manual and wpy of or3n(JUr and artides. An assessment of the s11 provided by the Iruslees and any Ir8ining r8quir8d bythern is Identified and Ihèn a plan put in plac8 to enable th& tnjstee to 8cquifE those skills need lo better fill their respon$lblliUes.
ST MALACHY'S PRE SCHOOL PLAYGRQUP The rgport of the trustg0S for the year èndèd 31 Mar¢h 2021 The organisatlonal structure of the eharlty and how deGlslons are mode. Key decislons are the rernlt of Ihe board of trustees, so they can best guid? the future of the Trust. Less Important deci5ion5 are delegated to sub cornmitees set up for sp8dfic purms. Routine dayto d8y declslons are the Tesponsility ot key Bmpfoyee5 as per their contrad of employment. Relationshlps beh¥een the charity and r•latèdparti•s, in¢ludlng Its subsldlarlès The Trust ha5 no subsidiaries The majorrlsks to whleh the Gharity Is exposed and review5 gnd systems to mltlgate rlsks The trustees take the issue of management very serrously. The major rfsks lo the ¢arity are= The reduGtion of funded pLgces 18 the major threal lo the onging vlabllltyof the Pre Sthool Of a lesser degree of rtsk are factors like failure to comply th legal requirernenls. Close attention Is glvèn to Ihese matters. but it Is p08sibl8. however rernole to have the clild care facllity closed down if there are faillngs In the rat(o tsf 51att lo chiren. Very dose attention and wnlros is pixed on these legHI ft{s. '8ks such as change in dernographics. are unlVKely to have an wnmediate affect and would allobv sufficent lime to adapt if Ih8ywèr8 to ¢r. FuTrJrai*ng is not a siwifitant element of incom8 and has been sucessfully InaSed Ihi5 year. MO oAus Is to be placed on thls by Senlor Staff Instead of relwng on the vduntary Gornmittee. Financtal Revlew PollGles on reserves The truslees having reconsldered the position of the twst now feel that an unreslrkt8d reserv& of £8,000 is required to cover any expan$ like redundancl&s etc The reserve policy is mon¢t ¢JuriryJ the year. and if necessary rleWed éu8 to thangi needs and clrcumstsn¢e5.
ST MALACHYS PRE SCHOOL PLAYGROUP Th• report ofthe trustees for thè r ended 31 March 2021 Prlnclpal funding sources andhow exp•ftdituts In the year underrevlow has supported thè key objectives oftha charity. The principal sources of funding 4re EA-NE.REGION CRE funded places £35,643. Non funded aCeS £1,743. Volunt2ry Inromp 15 derived frorn other bodles The Iru5tees would like lo lake thfs opportuw lo thank Early Years and the Education Authority, the Edutration Restart Program and H M Revenue and Custotn5 for Ihe 5UPOrt provided towards staff costs and th8 Northem Chlld¢are Partnership for training. Manythanks for your generous 88818tance. Inwme du5 the year ha5 been used to cover the $upport C05t of th8 Playgroup as par the Profil & Loss Account. rhe investmenl pollcy and objoctlvos, in¢ludlng the extent flf any) to whlch special. environmental orethieal consideratlons arg taken Into account. The Chanty has no signfficant fvnd5 10 invest and as suth Èlhi¢al corJeratios are 888n as a tnoot point. Availability and adequacy of assets of èach gf the funds Thfr board of Iruste8s Is satlsfied Ihal the Trust's ass8ls in each fund are avallable and adequate to fulfil Its obligation5 in respect of eath fuj. Transactlons andFinaneialposition The finèr171 ststernents are set out on pages 13 to 16. The financi?1 staternen15 have been prepared implernenting th& 2005 Revtsion of the Slalement of Recommended PraclKe for Accounting and Reporting by Charities i88ued by the Charlty Commission for England and WJes (revised in June 20081 and in atrdanGe wlh Ihe Financial RertIng Standard for Smaller Enlilies leftective April 20081. As slated in the Introducts"on lo th18 réport, Ihe Trustees consider the financia performance by the charity ¢Juring the year lo have been satk5factory. The Statement of Ftnan¢ial Activities show nel outgoing11rQrng re80urces for the year of a revenue nature of £ 9.960 (prior year £ -5881 and net rgalised outgoinglincoming resources of a Capital nature of £ O. (prior year £01. making net ov8rall reallsed incomingloutgoing resources of £ 9,960 (prior y&ar t-5881. The loial re8erve8 at the year end after ac£ounlin9 for unrealis8d losses after revaluing investment5 of £ O (prior year £01. sland al t27.007 Iprior year £17,047). Fre8 unrestricted Ilquid rese$ amounted to £27.007 (prior year £17.0471. SpeGific changes in fixed assets Changes In fixed asset5 are shown in det*1 in the rKit88 lo Iha acerxjnts. Th&ra hav8 b88n no movements in fixed assets.
ST MALACHYS PRE SCHOOL PLAYGROUP The report of the trust88s for the ar ènded 31 March 2021 Plans for Future Periods The Trust 15 It)oking at other funding streams th8 particular alm of upwading Ihe Outdoor area and PhyEical Play & Improng toilets atlathed to the playroom. Rent to £2000 per year has been agreed lor the next three years. We had almEd to improthe oUtsSdeareaaj rnake plansto update theground areawhith we again have rn3na8ed rDsuCcessfulaChleve Fundln8 to help wlth this. We had also to lookabout fundralslng Sn Covid tlmesand SUSSfUllY mangedto a¢hiEve helpfrom the local Kerry Group and alsofrom donation5from Unison &Tesco. Aswe rely heavityon thls wewill continue to Invest back Into makin8the Pre5th001 ewèn better. In S¥)tpmber 2Q21we have also had new memèersjoin the committee whlch Is also exotini and help5 the 5tsstsitNability ufthe Future ofthe Group. The nam of the Chief ExecutSve Offietr and other senior staff memberl51 to whom day to day management of the charity is delegated by the Charity trustees. Michael Bullock ChairpgTson The members of the Board of Trust••s of the Charlty dur5ng the ar •ndad 31st March 2021 were :. Michaej Bulk)Gk. Chairper50n Joanr Tosh- Treasurer ctoria J8raam- Secretary All are direclors of Iho companyand also tsustee5 of the charity. and their r&Sponsilt$ indude all the responslbllities of directors under the Companies Act and of Iru5tees under the Chartll8s Act. Commltt88 M8mbors Trudie Oonn&lly Clair Mcconigle Stephanya Young Nadine Kerr Non Committe¢ Membg None The members of the Board of Trustees of the Charity at the date the report and accounts were approved were:. micha Bulk)ck- Chairnan Joanne T05h- Tre88urer Victoria J8ra8m- S8¢retary Bankers Bank of Ireland 2 The Tharnond Coleraln8 BT52 1DE
ST MALACHY5 PRE SCHOOL PLAYGROUP Th8 report of the trusle¢s forth• arended 31 March 2021 Indendnt Examln•r J A S Campb&ll a Co ALxount8nt 49 ManBgher Ro•J AghadtyYEy CglerBlne 8T514DÉ 8tat•m•nt of Dlra¢tors' Bnd Trusts•g' ReJponslblllll The Charities Aci und the Companb$A¢t requn th8 08 of Ttee¥l0 wep8reftn8r19] stBtem8nts for 88ch fift8nts81 yearwhK gNe a and f¥ir ofthe state o18rr8irs of aiity as at IIE end oflhe fand81 raft of the rphjs ordefi¢ ofthe cha. In èPBring IhDse finand81 statements the 8oard Is required to:. . 3olectswAgbh aroNntiTrJ Pul and then aFvty them ¢lW5tQty, . m0]Jg¢Mants and estirnatesthal 8r8 ieasonatle 3nd pnjdtyit, ar - prepare thefin8nwl $1818rn8nts on tho gjino ccfKtrn basi8 unle&s il O iPprOprial0 pregJme thalthefBrftyvdll ¢£wtimJB in bUne$6. - slale %¥tslhef 8pp1lL¥e aKUn11r0 standa& 8Th18tatgmenl$ ol r8commended practKe hav8 b88n rCthd, wbjeci to any mat8r•l PHrr@S dlsdceed and &WalthBd in the financi81 st8lement¥.' Ih8Truste88 FEgFkinsible lum8intaning odequgle 8ccoJnling rec$ rtrasan8ble accuracy al anytim& the finandai w85tlon oltha ¢ttrityand lire 5uffftienl to ¥hrw8nd eX31n thB thoriW¥ tranSactn¥ 8fKI enate them lo enwre that Ihe fInand 8t8temen1scornp71h the CompanAt 2(X16 and compty%¥lth re9aL$ mle under the Ch8ribes ACL They rB56xirwbkn Ily ¥afogu8¥dirwJ IheassfjtB of tharltyand hence fortaking reasona1 5tw¥ fcf the pr8¥6ntlcfi detecuon offrkl aTrJ oth6rirr8gaTrlies. The Trustees are dyo respIbT8 for the teI4 of TnJ8188s' r8POrt. arKI Ihtr responbllltyof the Ind8pendentwrniner in rdalion to the Tnj5I, rert lo examining th8 ensurfng thol. on th&f8c8 ofthe r•pryL ther8818 Ir?$¢1es th Ihefiguffjs d18dc&ed Mi IhefrwKil slatements. M•thod p1•p¥ratIon of •¢¢ount• mpHnb¥ 8ubi<othe 8mAll u)mpon8reY[rn ThIB 1pt w appro¥Td ty tho board of¢ft•t•MM 2OJ4nry2o?I MIe] Bullod¢