COMPANY REGISTRATION NUMBER: N1046513
CHARITY REGISTRATION NUMBER: 102105
Glendurragh Childcare Services Limited
Company Limited by Guarantee
Unaudited Financial Statements
31 May 2023
THOMPSON ACCOUNTANCY
Chartered accountants
Bannagh Beg
Kesh
Co Fermanagh
BT93 8BY

Glendurragh Childcare Services Limited
Company Limited by Guarantee
Financial Statements
Year ended 31 May 2023
Page
Trustees, annual report (incorporating the director's report)
Independent examiner's report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of financial position
Notes to the financial statements

Glendurragh Childcare Services Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Reportl
Year ended 31 May 2023
Tha trustees, who are slso the directors for the purposes of company law. present their report and the
unaudited financial statements of the charity for the year ended 31 May 2023.
Reference and administrative details
Registered charity name
Glendurragh Childcare Servitss Limited
Charity registratlon number
102105
Company registration number N1046513
Principal office and registered Mantlin Road
office
Kesh
Co Fermanagh
BT93 1TU
The trustees
Mrs T Kerr
Mrs K McDonagh
Mr J Ellis
Mrs D Gray
Mrs L Simpson
Company sécretary
Ivlrs Kyrenia McDonagh
Independent examlner
Gary Thompson
Bannagh Beg
Kesh
Co Fermanagh
BT93 8BY
Structure, governance and management
Governlng document
Glendurragh Childcare services Limited is a company limited by guarantee (Registration Number
N10465131. The company is govemed by its Memorandum of Articles of Association. The company Is
recognised as a charity by HMRC (ref XR67754).

Glendurragh Childcare Services Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (eontinuedj
Year ended 31 May 2023
Structure, governance and management (continued)
Governance
Glendurragh Childcare Services Limited has a responsibility to conduct its business efficiently. The
establishment of. and the strict adherence to sound financial management policies is an integral part of
the organisation. The Board of directors and Management Committee are committed to establishing,
maintaining and applying all necessary good practice to ensure that their duty of care to the
management of finances of the organisation are fulfilled. The Board of direGtors are responsible for
taking the strategic decisions of how the Charity will move forward and who also are responsible for
appointments to the board.
It is essential that Glendurragh Childcare Services Limited control all operational risks as far as is
possible. This includes the participation of all those involved directly or indirectly with the banking
arrangements for the organisation. Aiong with the financial systems of the organisation, this policy
aims to detail responsibilities, rtsk management, internal controls, and audit requirements associated
with the use of online banking.
Objectives and activities
Principal activity
The objects of the Company shall be to enhance the development and education of young Ghildren by
encouraging parentslguardians to understand and provided the needs of their children in North
Fermanagh and its environs (the "area of benefit") by.. a) offering appropriate play facilities. with the
right of parentslcarers to take responsibility for and to become involved in the activities of the
Company. ensuring that the Company offers opportunities for all children regardless of religion. culture,
race or means. b) Encouraging the study of the needs of such childen and their families and promoting
public interest in and recognition of the needs of such children and their families in the local area, cl
Providing the necessary facilities for the daily care, recreation and education of children during out of
school hours and school holidays. d) Providing training for parents. volunteers and carers of children in
child development, parenting and other appropriate recreational and educational subjects.
The direct benefit which flows from Purpose:_
{al is to provide appropriate play facilities and equal opportunities to all children who use our centre.
To encourage parents and carers to become involved in activities held within the centre. Direct benefit
to all children regardless of religion, culture, raGe or means SO that they may have an opportunity to
develop and enhance their education and social skills. To prepare the children for the transition to
nursery school and then to primary school. The direct benefit which flow from Purpose Ib) is to
encourage development and education to both childlparenucarer within the North Fermanagh area. To
actively promote awareness to children and parentslcareers the importance of their child's needs
during development to provide the best start in life and to encourage them to reach their full potential.
The direct benefit which tlow from Purpose (c) is to ensure that we have facilities to provide care to
children who attend primary school, during term and non term time. Provide a facility for the care of
children during school holidays. A place in which they can meet socially to build on relations with their
fellow peers To be actively involved in recreational and educational development. To build on their
own of identity 50 that each child feels a sense of belonging and social inclusion within th&ir own
community. The direct benefit which flow from Purpose
(d) is to provide training for parents. volunteers and carers of children. To encourage parents,
volunteers and careers of children to attend such training to further undersland the development needs
of children and to raise awareness of meeting the child's social and emotional development. A private
benefit to directors may arise from a programme of ongoing training In good governance etc Through
this training directors gain skills and experience which are transferable to other settings These
benefits are incidental and necessary to ensure the benefit is provided to our beneficiaries

Glendurragh Childcare Services Limited
Company Limitsd by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (contlnugd)
Year ended 31 May 2023
Strategic report
The following sections for achievements and performance and financial review form the strategic
report of the charity.
Achlevements and performance
The charity continued to operate throughout the year and meet the objectives that it was set up to
achieve as listed above.
Financlal review
Review of the Business
The Company is non-profit making with a net deficrt of £36.870 for the year. The management
continues to be engaged in ongoing efFiciency savings and is aware of the sustainable use of
resources.
Reserves Policy
The trustees of Glendurragh Childcare Services Limited have set a reserves policy which require that
reserves be maintsined at a level which ensures that the charity's core activity could continue during a
period of unforeseen difficultly and to assist in the fijture strategic development of the organisation.
The trustees have agreed that the Charity should endeavour to hold reserves at an amount not less
than £50,000 in an effort to minimise the risks identified by the charity,
Small company provisions
Th15 report has been prepared in accordanGe with the provisions applicable to companies entitled to
the small companies exemption.
The trustees, annual report and the strategic report were approved on 3 November 2023 and signed
on behalf of the board of trustees by..
Mrs T Kerr
Trustee
Mrs L Simpson
Trustee

Glendurragh Childcare Services Limited
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Glendurragh Childcare
Services Limited
Year ended 31 May 2023
I report to the trustees on my examination of the financial statements of Glendurragh Childcare
Services Limited I'the chartty,) for the year ended 31 May 2023.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company lawl you are
responsible for the preparation of the financial statements in accordance with the requirements of
Charities Act (Northern Ireland) 2008 (the .2008 Act.) and the Companie5 Act 2006 {'the 2006 Act,).
You are Satisfied that the accounts of the company are not required by charity or company law to be
audited and have chosen instead to have an independent examination.
Having satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
the charity's financial statements a5 carried out under section 65 of the 2008 Act. In carrying out my
examination I have followed the general Directions given by the Charity Commission for Northern
Ireland under section 65{9)(b) of the 2008 Act.
Independent examinerfs statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body
listed in section 85 of the 2008 Act. I confirm that l am qualified to undertake the examination because
l am a member of Chartered Accountants Ireland, which is one of the listed bodies,
I have completed my examination. I confirm that no matters have come to my attention in connection
with my examination giving me cause to believe that in any material respect..
accounting records were nol kept in respect of the charity as required by section 386 of the
2006 Act, or
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements of section 396 of
the 2006 Act other than any requirement that the accounts give a 'true and fair, view which is
not a matter considered as part of an independent ex8mination', or
the financial statements have not been prepared in accordance with the methods and
principles of the Statement of Recommended Practice for accounting and reporting by
haritie5 applicable to charrties preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 102).

Glendurragh Childcare Services Limited
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Glendurragh Childcare
Services Lim Ited (continued)
Year ended 31 May 2023
I confirm that there are no other matters to which your attention should be drawn to enable a proper
understanding of the accounts to be reached.
mpson
ndependent Examiner
Bannagh Beg
Kesh
Co Fermanagh
BT93 8BY
3 November 2023

Glendurragh Childcare Services Limited
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 May 2023
2023
Unrestricted
funds Total funds
2022
Total funds
Note
Income and endowments
Donations and legacies
Charitable activities
other Income
100
390,464
34,541
418,159
4,553
418,159
4,553
Totsl income
422.712
422.712
425,105
Expenditur8
Expenditure on charitable activitiès
Total expenditure
459,582
459,582
420,869
459,582
459,582
420,869
Net lexpenditure)lincome and net movement in funds
136,870)
(36,870)
4,236
Reconciliation of funds
Total funds brought forward
Total funds carried forward
85,564
48,694
85,564
48,694
81.328
85.564
The Statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activitt'es.
The notes on pages 8 to 14 fomi part of these financlal ststements.

Glendurragh Childcare Services Limited
Company Limited by Guarantee
Statement of Financial Position
31 May 2023
2023
2022
Note
Fixed assets
Tangible Oxed assets
32,024
31,438
Current assets
Debtors
Cash at bank and in hand
6,983
15,451
22,434
13,953
45,510
59,463
Creditors: amounts falling due within one year
Net current assets
5.764
5.337
16,670
54,126
85,564
Total assets less current liabilities
48,694
Funds of the charity
Unrestricted funds
48,694
85,564
Total charity funds
11
48,694
85,564
For the year ending 31 May 2023 the charity was entitled to exemption from audit under section 477 of
the Companies Act 2006 relating to small companies.
Directors, responsibilities.
The members have not required the company to obtain an audit of its financlal statements for the
year in question in accordance with section 476,
The directors acknowledge their responsibilities for complying with the requirements of the Act
with respect to accounting records and the p￿ParatIOn of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
These financial statements were approved by the board of trustees and authorised for issue on 3
November 2023. and are signed on behalf of the board by..
Mrs T Kerr
Trustee
Mrs L Simpson
Trustee
The notes on page5 8 to 14 fomi part of these financlal Statements.

Glendurragh Childcare Services Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 May 2023
General information
The charity is a public benefit entity and a private company limited by guarantee. registered in
Northern Ireland and a registered charity in Northem Ireland. The address of the registered office
is Mantlin Road, Kesh, Co Fermanagh, BT93 1TU.
Accounting pollcies
Basis of preparation
The financial statements have been prepared on the historical cost basis. as modified by the
revaluation of certain financial assets and liabilities and investrnent properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of th8 entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncerta5nty
Estimates and judgements are continually evaluated and are based on historical experience and
other factors, including expectations of future events that are believed to be reasonable under the
circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purpose5.
Desi9nated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal, and fa51 into one of two sub-classes.. restrlGted income funds or
endowment funds.

Glendurragh Childcare Services Limited
Company Limited by Guarantee
Notes to the Financial Statements {continuedJ
Year ended 31 May 2023
Accounting policies (continued)
Incoming resources
All incoming resources are included In the ststemenl of financial activities when entitlement has
passed to the charity., it is probable that the economic benefits associated with the transaction will
flow to the charity and the amount can be reliably measured. The following specific policies are
applied to particular categories of income-.
income from donations or grants is recognised when there is evidence of entitlement to the
gif( receipt is probable and its amount can be measured reliably
legacy income Is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless thls is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value, Donated facilities and service5 are recognised in the accounts
when received if the value can be reliably measured, No amounts are included for the
contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contrdcted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
Tangible assets
Tangible assets are inits-ally recorded at cost. and subsequently stated at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated Impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognisod in other recognised gains and losses,
except to which It offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statement of financial activilies.
Depreciation
Depreclation is calculated so as to write off the cost or valuation of an asset, less its re5idu81
value. over the useful economic life of that asset as follows..
Plant and machinery
Fixtures and fittings
Motor vehicles
15 % reducing balance
15°/ts reducing balance
25 /0 reducing balance

Glendurragh Childcare Services Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 May 2023
Accountlng pollcies {contlnued)
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset Ss impaired accordingly Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of Impairment testing, when it is not Possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the cash-
generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable
group of assets that includes the asset and generates cash inflows that largely independent of the
cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, 311ocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabililies of the chanty
are assigned to those units.
Government grants
Government grants are recogni5ed at the fair value of the asset received or receivable. Grants
are not recognised until there is reasonable assurance that the charity will comply with the
conditions attaching to them and the grants will be received.
Where the grant does not impose specified future performance-related conditions on the
recipient, it is recognised in income when the grant proceeds are received or receivable. Where
the grant does impose specified future performance-related conditions on the recipient, it is
recognised in income only when the performance-related conditions have been met. Where
grants received are prior to satisfying the revenue recognibon criteria, they are recognised as a
Financial instruments
A financlal asset or a financial liability is recognised only when the charity becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are Initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and current liabililies are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured
reliably, the investment is subsequently measured at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost less impaiiment.
10

Glendurragh Childcare Services Limlted
Company Limited by Guarantee
Notes to the Financial Statements (continuod)
Year ended 31 May 2023
Accountlng policies (continued)
Financial instruments (continued)
Other financial Instruments, including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate, in which case the asset is measured at the present value Df the future
payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes
recognised in the statement of financial activities, with the exception of hedging instruments in a
designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reporting date. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial
activities in which the initi81 gain was recognised.
For all equity instruments ￿gardleSS of significance, and other financial assets that are
individually significant, these are assessed individually for impairment. Other financial assets are
either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
OEfined contrSbutlon plans
Contributions to defined contributbon plans are recognised as an expense In the period in which
the related service is provided. Prepaid contributions are recognised as an asset to the extent
that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the
reporting date In which the employees render the related service, the liability is measured on a
discounted present value basis. The unwinding of the discount is recognised as an expense in
the peiiod in which it arises.
Charitable actlvitles
Unrestricted Total Funds Unrestrfcted Total Funds
Funds
2023
Funds
2022
Parental Fees
418,159
418,159
390,464
390,464
11

Glendurragh Childcare Services Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 May 2023
Other income
Unrestricted Totsl Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Bank Interest Receivable
Accounts Nl - Dept of Economy
HMRC JRS Grant
BSO - Milk Reifflbursement Claims
WHSCT
Covid Grants
Early Years CRSF
99
4,000
99
4,000
140
140
3,075
898
794
9,300
20,334
3,075
898
794
9,300
20,334
34,541
166
288
166
288
4,553
4.553
34,541
Net (expenditure)lincome
Net lexpenditure)lincome is stated after chargingl(crediting)'.
2023
2022
Depreciatson of tangible fixed assets
5,806
6,222
Independent examinatlon fees
2023
2022
Fees payable to the Independent examiner for.
Independent examination of the financial statements
900
900
Tangible fixed assets
Leasehold Plant and Fixtures and
property machinery
fittings
Motor
vehicles
Total
Cost
At 1 June 2022
Additions
7,973
41,426
29,996
6,392
17,690
97,085
6,392
At 31 May 2023
Depreclatlon
At 1 June 2022
Charge for the year
At 31 May 2023
Carrying amount
At 31 May 2023
At 31 May 2022
7,973
41,428
36,388
17,690
103,477
37,768
549
23,455
1,940
25,395
4,424
3,317
65,647
5,806
38,317
7,741
71,453
7,973
3,109
3,658
10,993
6,541
9,949
32,024
7,973
13,266
31,438
12

Glendurragh Childcare Services Limited
Company Limited by Guarantee
Notes to the Financial Statements {contihue
Year ended 31 May 2023
Debtors
2023
2022
Trade debtors
6,983
13,953
Credltors. amounts falling due wlthin one year
2023
2022
Bank loans and overdrafts
Trade cre(litors
655
4,682
5,764
5,764
5,337
10. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in Income or expenditure as an expense in relation to defined
contribution plans was £5,28212022'. £4,960).
11. Analysis of charitable funds
Unrestrlcted funds
At
1 June 2022
At
Income Expenditure 31 May 2023
General funds
85,564
422,712
{459,582)
48,694
At
1 June 2021
At
Income Expenditure 31 May 2022
General funds
81,328
425,105
(420,869)
85.564
13

Glendurragh Childcare Services Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 May 2023
12. Analysls of net assets botween funds
Unrestricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
32,024
22,434
{5,764)
48,694
32,024
22,434
(5,7641
48,694
Unrestricted Total Funds
Funds
2022
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
31,438
59,463
15,337)
85,564
31,438
59,463
(5,337)
85,564
14