MOYRAVERTY PRE-SCHOOL PLAYGROUP FINANCIAL STATEMENTS FOR THE PERIODENDED 31 AUGUST 2022 MOYRAVERTY PRE-SCHOOL PLAYGROUP FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2022 The committee have pleasure in presenting their report and financial statements of the charity for the period ended 31 August 2022. ACTIVITIES The aims of Ihe Grovp shall be lo adv2nce the education and development of pre-school children. Providing safe and satisfying group play. in which parents are encouraged to take p2rt. Increaslng parental recognition of the needs of young children and the value of pre-school provision. Encouraging other charitable activities through which parents may help the children. Doing all such other lawful things as are necessary for or conductive lo the attainment of the above aims. TAX STATUS The organisalion is considered lo be 8 charity for the Inland Revenue purposes and therefore is enlided the exemption from tax afford by section 505111 of the Income and Cooperation Taxes Act 1988. RESULTS The results for the period. and the charity's financial position at the end of the period are shown in the attached financial statements. THE COMMITTEE Laura Hadden Sinead O'Neill Bronagh Whyte Kayleigh Timmis Gobar Karacsoy Shannon Belshan Emma Mccusker Elaine Johnston Martin Mcconville Malread Mccullough KathyGallery Cillian M¢Mullan Jeannette Flnnagan Elaine Cassidy Suita Arcatova Chairperson Treasurer Secretary Comrnittee Member Committee Member Committee Member Committee Member Committee Member Committee Member Committee Member Committee Member Committee Member Committee Member Commlttee Member Committee Member RESPONSIBILITIES OF THE COMMIThEE Company Law requires the committee lo prepare f5nancial statements for each financ181 year which give a true and fair view of the slate of affairs of the charity at the end of the year and of the surplus or defidency for the year then ended In preparing these financial statements, the committee are required lo select suitable accounting policies, as described on page 6. and then apply them on a conslslent basis, making judgements and estimates that are prudent and reasonable. Thè commitiee musl also prepare the financial statements on the ooirig concem basis unless it is inappropriate lo presume that the charity will continue in business. Sheet1 MOYRAVERTY PRE.SCHOOL PLAYGROUP FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2022 RESPONSIBILITIES OF THE COMMIThEE continued The committee are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that Ihe financial statements comply with the Companies Act 2006. The committee are also responsible for the safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of traud and other irregularities. Registered Office Signed by Order of the Gommittee Moyraverty Pre-school Playgroup The Hub Community Centre 7 Brownlow Road Craigavon BT65 5DL Sinead O'Neill Treasurer Laura Hadden .Chairperson Approve by the committee Bronagh Whyte Secretary Date Sheet2 MOYRAVERTY PRE-SCHOOL PLAYGROUP FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2022 We have audited the financial statements on pages 4 to 10 which have been prepared under the historical cost convention and the accounting policies set out on page 6 RESPECTIVE RESPONSIBILITIES OF THE COMMITTEE AND THE AUDITORS As described on pages 1 to 2, the committee (who also act as directors for the charitable activities of the company) are responsible for the preparation of the financial statements. It is our responsibility to form an independent opinion, based on our audit, those statements and to report our opinion to you. OPINION In our opinion the financial statements give a true and fair view of the charitls state of affairs as at 31 August 2022 and of its incoming resources and application of resources, including its income and expenditure, in the period then ended and have properly prepared in accordance with the Companies Act 2006. David John Armstrong 9 Gosselin Avenue Lough Road Lurgan Co Annagh Lurgan BT66 6PY Sheet3 MOYRAVERTY PRE-SCHOOL PLAYGROUP FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2022 TOTAL FUNDS 2022 TOTAL FUNDS 2021 Note INCOMING RESOURCES Fees C&B CHASST Pathways Earlyyears Fund Raising Unlforms Mllk Donations 25,748.20 1,206.00 19,607.23 Grant Ald 28,112.00 2.008.47 17.806.86 6.479.00 901.00 830.00 121.01 325.00 835.00 1,560.00 146.12 TOTAL RESOURCES EXPANDED 49,102.55 56,583.34 RESOURCES EXPANDED Direct charitable expenditure Fundraising & publicity Management & administration 41451.89 40,780.98 0.00 7,370.97 7548.7 TOTAL RESOURCES EXPANDED 49,000.59 48.151.95 NET INCOMINGIOUTGOING RESOURCES FOR THE YEAR 101.96 8431.39 All movements are in Restricted Funds The charity has no recognlsed gains or losses other than the results for the period set out above All of the Actlvlties of the charity organlsatlon are ¢lassed as continuing Sheet4 MOYRAVERTY PRE-SCHOOL PLAYGROUP FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2022 TOTAL FUNDS 2022 TOTAL FUNDS 2021 Note FIXED ASSETS Tangible Assets 135.80 181.07 CURRENT ASSETS Bank Pre-payments Oebtors Cash in hand 19,581.09 0.00 0.00 100.05 19,433.86 0.00 0.00 100.05 19,681.14 19,533.91 CURRENT LIABILITIES Cash in hand NET CURRENT ASSETS 19 816.94 19 714.98 CREDITORS: Amounts falling due within one year 50.00 50.00 TOTAL ASSETS LESS CURRENT LIABILITIES 19 766.94 19 664.98 BALANCE BROUGHT FORWARD 19.664.98 11,293.95 NET INCOMINGIOUTGOING RESOURCES FOR THE YEAR 101.96 8,371.03 19 766.94 19 664.98 All movements are in Restricted Funds The charity has no recognised galns or losses other than the results for the period set out above l of the Activities of the charity organlsation are classed as continuing Sheet5 MOYRAVERTY PRE-SCHOOL PLAYGROUP FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2022 ACCOUNTING POLICIES Basis of accounting The financial statements have been prepared under the historical cost convention. and in accordance with applicable accounting standards and the Statements of Recommended Practices on accounting by charities. De reciation Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of the asset as follows:_ Fixtures & Fittings 25°/o Straight Line Office Equipment 25 /0 Straight Line Forei n currencies Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into stealing at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit. 2022 2021 GRANTS RECEIVABLE Fees SH & SC Trust Pathways fund Early Years Fund Raising Uniforms Milk Donations 25,748.20 1,206.00 19,607.23 28,112.00 2,008.47 17,806.86 6,479.00 901.00 830.00 121.01 325.00 835.00 1,560.00 146.12 49 102.55 56 583.34 Sheet6 MOYRAVERTY PRE-SCHOOL PLAYGROUP FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2022 NOTE2,3&4 Aug-22 Aug-21 TOTAL RESOURCES EXPANDED TOTAL TOTAL WAGES RENT ACCOUNTS UNIFORM REFRESHMENTS TRAINING SUBSCRIPTIONS EQUIPMENT STATIONERYIPOSTAGE ACTIVITIES INSURANCE BANK FEES TELEPHONE CLEANING MILK GENERAL Direct Charitable Expenditure Management & Administration Management & Administration Direct Charitable Expenditure Management & Administration Direct Charitable Expenditure Management & Administration Direct Charitable Expenditure Management & Administration Direct Charitable Expenditure Management & Administration Management & Adrninistration Management & Administration Management & Administration Direct Charitable Expenditure Management & Administration 37,766.89 5,056.25 100.00 1,035.82 782.14 50.00 344.35 1,954.23 155.47 212.40 441.78 435.48 110.00 77.96 432.55 34,509.54 5,453.00 50.00 1,585.00 734.42 357.60 4,115.50 81.32 41.40 385.20 378.05 120.00 168.98 171.94 DEPRECIATION NB. Management & Administration 45.27 .00 49 000.59 48 151.95 Direct charitable expenditure Fundraising & publicity Management & administration 41,451.89 40.780.98 7,548.70 7.370.97 49 000.59 48 151.95 NB. Depreciation is a non-expenses and are for the purposes of the Banance Sheet Account only. Sheet 7 MOYRAVERTY PRE-SCHOOL PLAYGROUP FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2022 Fixtures fittings & Equipment Note 5 2022 TOTAL N.B.V. At 1st September 2021 181.07 181.07 Additions 0.00 0.00 At 31 August 2022 181.07 181.07 Depreciation Charge for Year 45.27 45.27 At 31 August 2022 135.80 135.80 N.B.V. At 31 August 2022 135.80 At 31 August 2021 181.07 No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8. Note 6 Cash in hand (Petty Cash) £100.05 Note 7 Creditors Audit fee £50.00 Sheet 8