Glendurragh Chlldcare Services Limited Company Llmltsd by Guarantea Trustees. Annual Report {Incorporating the Directorfs Report) Year ended 31 May 2024 The trustees, who are also the directors for the purposes of company law. present their report and the unaud6ted financial statements of the charity for the year ended 31 May 2024. Refernnce and admlnlstratlve detslls Reglstered charlty name Glendurragh Childcare Services Limited Charlty roglstratlon number 102105 Company reglstratlon number N1046513 Prlnclpal offlce and rnglstered Mantlln Road office Kesh Co Femanagh BT93 1TU The trustaas Mrs E Boxer Mrs T Kerr Mrs K McDonagh Mr J Ellis Mrs D Gray Mrs L Simpson Mrs C McAlaer Mr J Coalter (Appolnted 30 Aprll 2024) (Resigned 10 February 2025) (Reslgned 18 Aprll 2024) (Appointed 30 April 2024) (Appointed 16 May 2024) Company Secretary Mr8 Kyrenla McDonagh Independent examlnor Gary Thompson 24 Main Street Kesh Co Fermanagh BT93 1TF Structure, govemance and management Governlng document Glendurragh Childcare Serv￿8$ Limited Is a Company limited by guarantee (Registration Number N1046513). 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 Llmited by Guarantee Trustees, Annual Report (Incorporating the DIrecto￿S Report) feondnued) Year ended 31 May 2024 Structuro, governance and managemant (conllnu•dJ Governance Glendurragh Childcare Services Limited has a responsibility to conduct its business efficiendy. 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 directors are responsible for t8king the stralegic decisions of how the Charity will move forvrdrd and who also are responsible for appointments to the board. It is essentlal that Glendurragh Childcare Servlces Llmited control all operational risks as far as is possible. This includes the participation of a51 th08e involved directly or irKlirectly with the banking arrangements for the organisation. Along wtth the financial systems of the organisation. this policy aims to detail responsibilities, risk managemen( internal controls, and audit requirements associated wilh the use of online banking. Objectlvos and actlvltles Prlnclpal actlvlty Tha objects of the Company shall be to enhance the development and education of young children by èncouraging parent91guardian8 to undérstand and provided tha naeds of thelr children In North Femianagh and its environs (the "ara8 of benef￿.) by. 8) offerfng appropriate play facilities, with the rlght of parentslcarers to take responsSbillty for and to become involved In the activities of the Company. ensuring that the Company offers opportunltles for all chSldren regardle88 of religion, cultur8, race or means. b) Encouraging the study of the needs of such chllden and their families and prom￿Ing publlc interest in and recognition of the needs of such children and thair families in tha local area. c) Providing the necessary facilities for the daily care, recreation and educalion of children during out of 8¢hool hours and School holiday8. d) Providing trainlng for parents. volunteers and carers of children Sn chlld development. parenting and other 8pproprlate recreatlonal arKI educational subjects. The direct benefrt whlch fiows from Purpose:. (a) Is to provlde approprlate play faclllll8s and equal opportunitk88 to all chiklren who use our centre. To encourage parents and carers to become involved in acttvities held within the centre. Direct benefrt to all chlklren re9ardle8a of religlon, Culture, raGe or means so that they may have an opportunlty to develop and enhance their education and social skilb. To prepare the ¢hildren for the transition to nursery school and then to primary xhool. The direct benefrt which from Purpose (b} is to encourage development and education to both childlparenucarer within the North Femianagh area. To actively promote awareness to children and parentslcareers the importance of their child's needs during development to provide the b8St Start in lrfe and to encourdge them lo reach their full potentl81. The direct benefit which flow from Purpose (c) Is to ensure that we have facilities to provide care to children who attend primary school, during temi and non tenn time. Provide a facilty for the care of chlldren durlng school holldays. A place In whlch they can meet socialty to bulld on relations with Ihelr fellow peers. To be actively involved in recr&itional and educational development. To build on thelr own of Identlty so that each child feels a 8ense of beloNJing and social inGlusion wiihin thelr own community. The direct benefrt which fl¢xv from Purpose (d) 18 to provide training for parents, volunteer8 and carer8 of children. To encourage parents, volunteers and careers of children to attend such training to further understand the development needs of children and to rais8 awareness of meeting the child's social and emotional development. A private benefit to directors may arise from a programme of (Mgoing trdining in good govemance etc. Through this training directors gain skills and experience which are transferable to other settings. Thes& benefits are incidentsl and nec&8sary to ensure the benefit is provided to our baner￿laries Glendurragh Childcare Services Limlted Company Limltad by Guarantee Tru3tees' Annual Report (Incorporating the Directorf8 Report) (conllnued) Year ended 31 May 2024 Strateglc report The following sections for achievements and perfomance and financial review fonn the strategic report of the charity. Achlevaments and perforniance The charity continued to Operate throughoui tha year and meet the objectivas that it was set up to achieve as listed above. Flnanclal rovlew Revlew of the Buslness The Company is non-profit making with a net deficit of £6.044 for the year. The management continue to be engaged in ongoing eff￿lenCy savings and is aware of the sustalnable use of resources. Reservo3 Pollcy The trustees of Glendurragh Childcare Services Llmtted have set a reserves pollcy which requlre that reserves be maintained at a level which ensures that the charivs core activity could contlnue during a period of unforeseen drflicultly and to assist in the future strategic development of the organlsation. The trustees have agreed that the Charity should endeavour to hold reservo8 at an amount not lo38 than £50,000 in an effort to minimise the risks Klent1f￿d by the charty. Small company provlslons This report has been prepared In accordance with the provlsion8 applicable to companie8 entltled to the small companies exemption. The trustees, annual report and the Strategic report were approv￿1 on 18 February 2025 and 8lgnad on behalf of the board of trustees by: .D. Mrs K McDonagh Trustee Mrs L Simp80n Trustee