MOYRAVERTY PRE-SCHOOLPLAYGROUP FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024
MOYRAVERTY PRE-SCHOOL PLAYGROUP FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 The committee have pleasure in presenting their report and financial statements of the charity for the period ended 31 August 2024. ACTIVITIES The aims of the Group shall be to advance the education and development of pre-school children. Providing safe and satisfying group play, in which parents are encouraged to take part. Increasing 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 to the attainment of the above aims. TAX STATUS The organisation is considered to be a charity for the Inland Revenue purposes and therefore is entitled the exemption from tax afford by section 505{1) of the Incorne and Cooperation Taxes Act 1988. RESULTS The results for the period. and the charity's financial posÈtion at the end of the period are shown in the attached financial statements. THE COMMITTEE Laura Hadden Sinead O'Neill Deborah Bradley Catriona Sherdian Jane France Tara Goult Sandra Kulikauskalte Nlall Lavery Zoe Beattle Danny Turley Mandy Patterson Chairperson Treasurer Secrelary Committee Member Committee Member Committee Member Committee Member Committee Member Committee Member Committee Member Committee Member RESPONSIBILITIES OF THE COMMITTEE Company Law requires the committee to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity al the end of the year and of the surplus or deficiency for the year then ended In preparing these financial ststements, the committee are required to select suitable accountlng policies, as described on page 6, and then apply them on a consistent basis, making judgements and estimates that are prudent and reasonable. The committee must also prepare the financlal statements on the going concem basis unless it is Inappropriate to presume that the chartty will continue in business. Sheet1
MOYRAVERTY PRE4CHOOL PLAYGROUP ANCI NT OR THE PERIOD END AU RESP NS TIES ECOM contln The commlttee are responsible for keeplng proper accounting records which dlsclose th reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply wtth the Companies Act 2006. The committee are also responsible for the safeguarding the a&8ets of the charity and hence for taking reasonable steps for the preventlon and detection of fraud and other irregularities. Reglstered Offlce Slgned by Order of tha commlttee Moyraverty Prep8chool Playgroup The Hub Community Centre 7 Brownlow Road Cralgavon BTÉ5 SDL Slnead O'Nelll Treasurer Laura Hadden Chalrperson Approve by the committee Deborah Bradley Secretary Date q&.1 i.o...14 Sh86t2
MOYRAVERTY pRECHOOL PLAYGROUP FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 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 cOMMIEE 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 charity's state of affairs as at 31 August 2024 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 Amistrong 9 Gosselin Avenue Lough Road Lurgan Co Annagh Lurgan BT66 6PY /0 <.//,7 Sheet3
MOYRAVERTY PRE-SCHOOL PLAYGROUP FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 TOTAL FUNDS 2024 TOTAL FUNDS 2023 Note INCOMING RESOURCES Fees Craigavon & Banbridge H&SC Trust Grant Aid DOH Pathways Fund Raising Uniforms Milk 24,980.14 1,218.00 1,436.71 11,758.96 1,175.00 830.00 125.74 27,330.85 1.526.00 15,683.09 765.00 1,000.00 314.37 TOTAL RESOURCES EXPANDED 41,524.55 46,619.31 RESOURCES EXPANDED Direct charitable expenditure Fundraising & publicity Management & administration 48,233.45 78.06 7.811.84 41,8_11.87 6,860.73 TOTAL RESOURCES EXPANDED 56,123.36 -48.672.60 NET INCOMINGIOUTGOING RESOURCES FOR THE YEAR -14 598.81 -2 053.29 All movements are in Restricted Funds The charity has no recognised gains or losses other than the results for the period set out above All of the Activities of the charity organisation are classed as continuing PL
MOYRAVERTY PRE-SCHOOL PLAYGROUP FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 TOTAL FUNDS 2024 TOTAL FUNDS 2023 Note FIXED ASSETS Tangible Assets 76.39 101.85 CURRENT ASSETS Bank Pre-payments Debtors Cash in hand 3,188.46 17,674.38 0.00 87.42 3,188.46 17.761.80 CURRENT LIABILITIES Cash in hand NET CURRENT ASSETS 3 264.85 17 863.65 CREDITORS: Amounts falling due within one year 150.00 150.00 TOTAL ASSETS LESS CURRENT LIABILITIES 3 114.85 17 713.65 BALANCE BROUGHT FORWARD 17,713.65 19.766.94 NET INCOMINGIOUTGOING RESOURCES FOR THE YEAR -14,598.81 -2,053.29 3 114.85 17 713.65 All movements are in Restricted Funds The charity has no re¢ognised gains or losses other than the results for the period set out above All of the Activities of the charlty organisation are classed as continuing BS
MOYRAVERTY PRE-SCHOOL PLAYGROUP FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 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 Ststements of Recommended Practices on accounting by charities. 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% Straight Line Office Equipment 25°A 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. 2024 2023 GRANTS RECEIVABLE Fees SH & SC Trust Pathways fund DOH Fund RaislnglDonations Uniforms Milk 24,980.14 1,218.00 11.758.96 1.436.71 1.175.00 830.00 125.74 27,330.85 1,526.00 15,683.09 765.00 1,000.00 314.37 41524.55 46 619.31 Sheet6
MOYRAVERTY PRE-SCHOOL PLAYGROUP FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 NOTE2,3&4 Aug-23 Aug-23 TOTAL RESOURCES EXPANDED TOTAL TOTAL WAGES RENT ACCOUNTS UNIFORM REFRESHMENTS TRAINING SUBSCRIPTIONS EQUIPMENT STATIONERYIPOSTAGE ACTIVITIES FUNDRAISING INSURANCE BANK FEES TELEPHONE CLEANING MILK Direct Charltable Expenditure Management & Administration Management & Administration Direct Charitable Expenditure Management & Administration Direct Charitable Expenditu Management & Administration Direct Charitable Expenditure Management & Administration Direct Charitable Expenditure Direct Charitable Expenditure Management & Administration Management & Administration Management & Administration Management & Administration Direct Charitable Expenditure 45.353.09 5,306.50 150.00 0.00 806.94 0.00 104.00 2,146.14 365.95 462.00 78.06 480.68 341.45 230.98 103.88 168.70 40,410.44 4,915.00 150.00 Note 7 739.32 12.00 994.23 90.14 222.35 447.54 250.45 120.00 114.33 172.85 DEPRECIATION NB. Management & Admlnlstratlon 25.46 33.95 56 123.83 48 672.60 Direct charitable expenditure Fundraising & publicity Management & administration 48.233.45 78.06 7,811.84 41,811.87 6.860.73 56 123.36 48 672.60 NB. Depreciation is a non4xpenses and are for the purposes of the Balance Sheet Account only. Sheet 7
MOYRAVERTY pRECHoOL PLAYGROUP FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 Fixtures fittings & Equipment Note 5 2024 TOTAL N.B.V. At 1st September 2023 101.85 101.85 Additions 0.00 0.00 At 31 August 2024 101.85 101.85 Depreciation Charge for Year 25.46 25.46 At 31 August 2024 76.39 76.39 N.B.V. At 31 August 2024 76.39 At 31 August 2023 101.85 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) £87.42 Note 7 Creditors Audit fee £150.00 Sheet 8