CHARITY REGISTrATION NUMBEIL. 102206 St Brigids Playschool Mounffield Unaudited Financial Statements 31 August 2021 CLAREMOUNT Chartered accountants 1 b Brookniount crent Omagh Co Tyrone BT78 5HG
st Briglds Playschool Mounffield Financial Statements Year ended 31 August 2021 Page Trust8es' annual report Independent examinerfs report to Ihe tnjstees Statement of financial activitl8S Stalement of financlal FX)sition Notes to the financlal statements The followlng pages do not form part of the finan¢tal statements Detalled statement of financial a¢tivltSes 13 Notes to the detailed statement of financial actlvlttes 14
St Brigids Playschool Mounffield Trustees. Annual Report Year ended 31 August 2021 The tru8t888 present ther reF<Jrt and the unaudited financial statements of the drity for the ye8r ended 31 AUW 2W21. R•f•r•fi¢e and admlnlstrntlve d8ts119 R•glst•rnd charlty namè Sl Brigids PlaysChl Mounffietd Charlty reglstratlon nUMr 102206 Prlnclpal offlce Mounffield Primary sd0[ 4 Lenagh Road Omagh Co TyTong BT79 7PT N Ireland The trustees Mrs D Mullin Mr8 C Mccloy Mrs M Haughey Mr8 F Haughey Mrs R Tracey Indendent examlner Shaun McElhlnney 1b Br(x)kmount Cregconl Omagh Co Tyr( BT78 5HG structUrn¥ gov•rnanGo and management organisatn is a tharlty regbtered on 23 Aprll 2015. It Is govemed under Th8 Charity Commission for Northgm Ir$land. Objoctlves and actltI•8 The chartty operates a playgroup for pre-schc)I childr8n. Achlevements and performance The re8uIts for the perltsd are containèd in the financial slatements. Financial rnvlaw The ¢)rganlsath)n had another successful year with 8ucce88ful applicalons for several grants.
st Brigids Playschool Mountfield Trustees. Annual Report (conthu8d) Year endod 31 August 2021 The tru8tses' annual report was approved on 31 August 2022 and 81gned on behalf of the board of trustees ty. Mullln Trusteo Mrs C cloY Tru8t8e Mrs R Tr8c4y Tru8tee
St Brigids Playschool Mounffield Independent Examlnerfs Report to the Tntee5 of St Briglds Playschool MOUnle1d Year ended 31 August 2021 I reFQrt to the trustees on my examinalton of the finandal statements of St Brtglds Playschooi Mounffield Cthe tharity'l for the year ended 31 August 2021. Responslbllltles and basis of report AS thfj trustses of the chatity you are responsibte for the preparation of the finamal slatemerbts in accoTdanc8 With the requirements of the Charities Act (NoTlhgm Ire1) 2)8 (the '2008 ACV). You are salisfied that your thaiyty is not required by charity law to ba audited and have clh)5en instead lo have an independent examinatb)n. I report in resrtt of my ex8minatk)n of the charitys financial statements as carrled out u[er 5tion 65 of thè 2008 ACL In carrwrvJ out my examination I have followed the general DIrectiC3 gNen by the Charity C(rfnmlssion for Northem Ireland urKler sectlon 65(9)(b) of the 2(N)8 ACL Indepdrt 8xamlnèrf8 8talwnenl I have Mpseted my examination. I confirm that no matters have come to my attenkn In e4)nnection with my examlnatton giwng me c8use to beIve that In any nmterwl respect accountlng reo)rd8 were not kept as required bywith section 63 of1he 2008 Act or the financt81 statwnents do nc &cord with those records: or the finanual statements do not mElY wrth tha occountiTrJ rgquirements ofthe 2008 Act.. or the finan¢W statements do not oJmpty wilh the ap1¢ab]e requlrement5 ¢x)nceming the forni and contènl of a(£ounts set out in the Charities (Acwjnts aNJ Reports) Regulation5 2tK18 other than any requirewt that the accounts grve a Ynjè and falrf vlew which is not a matter considered as part of an i1ependent exaMinatic. I confirm that there are no other matters to whlch your attention shoukl be drawn to enable 8 proper undèrs Ing of the unts to be reathed. Shaun McElhi Independent Examiner 1b Brookmount Creswt Omagh Co TyTone BT78 5HG LliARTERL_ REGISTEL r- Cloren 'b Brookrnii,. ,-4TANTS JI'ORS rescenl
St Brigids Playschool Mounffield statement of Flnanclal Actlvllles Year ended 31 August 2021 2021 Urtricted fiJnd8 Total fvnd¥ Total fiJnd8 2020 Income and •ndowm•nts Donations and legacies Investment Incom 1(M).263 100,263 34,724 33 Total Incorn• ' 1LM).264 100.264 34,757 Exp•ndlture Expenditure on c4wtlable acuvltlas Total exyndltur• 42,662 42.663 42,662 42,663 N•t Ineomd{•xpondlturn) And n•t mov•m•nt In fund8 57.602 57.601 {647) Rt¢onclllatlon of funds Tot81 ftJnd8 brought Icrfward Tatsl funds carrf•d forward 26.425 26,425 27,072 84,027 027 26.424 Tho statement of finèndal athmles Includos all galn8 and h)$8 recognw Sn the year. Al Income and oxpendlture dgrNe from contlnuiNJ actsvlttes. The notes on pagm 6t0 11 lomi part of flnondal stat•m•nts.
St Brigids Playschool Mounffield Statsment of Flnancial Position 31 August 2021 2021 2020 Twgible ffxed assets 35,418 12.165 Current ass•ts Debtors Cash at bank hand 11 232 49.396 10,146 15.980 Cr•dltors: amounts falling due within on• y•ar Net current ats 12 1,020 14,260 26,425 Total ass•ts less current liabilities 84.026 Not ass?ts 84,026 26,425 Fund6 of the charlty Unrestricted fijnds 84,027 84,027 26,424 26,424 Total charity fvnds 13 Th8S8 flnanclal stslements wwe approved by th8 trt)anl of trustees authoris&J i8su8 on 31 ust 2022. and are signed on behaw of the IThTd ty. tjd Mrs D Mullin Trustse Mrs C Tnjstee ts R Tracey Trustee
St Brigids Playschool Mountfield Notes to the Flnan¢lal Statements Year ended 31 August 2021 Generat Inforniatlon Th9 charfty Is a publlc benefft entty and a rstered charfty in Northem Irdand and Is unincorporatgd. The address of the principal offlce Is Mounffield Primary School. 4 Lenagh Road. Omagh. Co Tyrone, BT79 7PT, N Ireland. I Statom•nt ol compliance These financlal statements have been prepared In com[an¢6 wlth FRS 102, 'The Fin8nclal Reporting Standard appllcable in the UK and the Republlc of Ireland,. the Statement of Recommended Pradice appllcable to charities preparing thelr accounts in accordance wtth the Financlal Reporting Standard appllcable in the UK and Republlc of Ireland (FRS 102) (Ch1t[&S SORP IFRS 102}l and the Charities Act (Northern Ireland) 2008. Accountlng polld Basis of prepardtlon The finanal statemonts have been prepared on the hIstorS¢) c081 basls, as modlfled by the r8valu8llon of certain financial assets and liabiltties and investment properties measured at falr Value through Income or expendlture. The financAal statements are prepared in sterting, which Is the functional curr8ncy of the enllty. Going conwn There are no matgrlal un(*rtalnties about the chorSty8 ablllty to conUnue. Disclosure exomptlons The entity satisfies th8 criterfa of belng a qualifying entity as defined in FRS 102. As such, advantage has been taken of the follow¢ng dlsclosure exemptlons avallable under par8grar 1.12 of FRS 102-. {8) No cash flow st81emenl has been presentetJ for the company. Ib} Dlscbsures in respect of financlal instruments have not been presented. Judg•m•nts and k•y source5 of estlmatlon uncortainty The preparation of financlal statements requiras manag8m8nt to make judgements, Bstimales and assumptKJns that affect the amounts reported. These 8Stlmales and judgements are conUnually revtewed and are based on experience and othér factors, including expactations of futur8 even18 that are belleved lo be reasonable under thè circumstancgs. No judgements that management has made in the prOsS of appjwng the entitvs accounting pollcles have a 8hJnificant effeot on the amounts recognised in th8 financial statements. No accountlng e8tlmates or assumptions have been made. Fund a¢¢ountlng Unr&stri¢ted funds are availablo for use al the discrgb'on of the trustees In furlheranca of the general objectives of tho charity. Restricted fvnds are subjected to restrldon5 on their 8xpgndSlurg imposed by the donor or through the tsrms of an appeal.
St Brigids Playschool Mounffield Notes to tho Financial Statements (¢onttftu¢dJ Yoar onded 31 August 2021 A¢¢ountlng polldes Ineomlng r•sour¢•8 l incoming resources arg Indudod In Ihe statement of Ilnandal a118$ when ontiuement has pass8d to th8 charity; il is probabl& that the economic benefits associated wilh Ihe transaction will flow to the charity and the amount can be rellably measured. The followlng specific wliae8 ara appllgd to parllcular categortg$ of InMe. Income from donallons or grants18 recognlsed when there18 evldence of entluement lo the gn recelpt l¥ probable and Its amount can be mea8ured rellably. legacy Income 58 recogn18ed when ree4lpt18 prcknable and enllem6nt18 e8tab118hed. Incorne from donated good8 measured at the falr value of the good8 unle88 th18 tB impradcol lo measurg relSably. In whlch ¢88e tho value Ss deriygd from the ¢031 lo the donor or th8 88tlmat8d rasal8 valuè. Donalod fadlltlas and s8rvlc88 are rocognlsed In tha accounts when recèived If the value can b9 rellably mgasurod. No amounts are Included for the contrfbullon of gener81 volunteers. Incom8 from contracts for th8 supply of sarvlc8s is racognjsad wlth tha dallvery of th8 contracted 6ervice. This 5$ dasfied a8 unr9stri¢tsd funds unle$$ Ihore is g contfa¢luo1 requlr8monl for It to b8 8penl ori 8 partlcular purpose and relumed If unspent, In whlch case St may bè regarded 88 rè8trided. R•sourco8 up•nd•d Expendllure Is recognlsed on An accrual bas15 as 8 Ilabillty Is Incurred. Expendllur8 include8 any VAT which ¢8nnol be fully reGovgred, and Is rgported as part of thg exp8nditure lo whith It relate8: - Costs of oenerallng fund8 comprlse thè $ts 8esod8ted attractlrKJ voluntary Income and CO818 of tr8dlng for fundral8lng wrp08e8. Charitable expenditure comprises Iho3e costs incurTed by the- charity in the delivery of its adwlles and 8ervlces for118 beneflcl8r8. 11 Includes both costs that can be allocated dtrectty to such 8cllv51188 arhj those costs of an indlrect nature necessary to support them. Govern8nce costs Induda those costs a88oclated wllh meellng the con$1ul1¢)n8l and 8lalutory requlrements of the chartty and Indude tho oudlt fees ond o)8ts Ilnked lo the 8trateg manag8m8nl of the chartty. AII costs are allocated between the expendliura catewthes of th& SOFA on a ba818 de81gned lo r8fSgct the use of Ihg re80urce. Tanglble amets All fflxed a88ets are Inltlally recorded at cost. Depraualion 1$ calculated so as lo wrhg off Ihg $1 or valuauon of an asse( less Its resSdual value, ¢)ver the useful economic lrfe of that asset as follows.. OIn Equlpmgnt 20% wluclng balance
st Brigids Playschool Mounffield Notes to the Flnancial Statements 1¢ Year ended 31 August 2021 Accounting polkles Impalmi•nt of I1x assets A review lor Indicat of impaimnt i8 cthd Lmrt 81 each reporvng d818, with the recoverable amount b8lng esllmated where suth I1[¢8t0Ts exisL Where the Carrykng valuo excggds lh9 recoverable amounL the asset is Impalred F4ior impainwnts ora also ravi8W8d for possible revers at each reporung date. For the purF4JseB of impainnent testing, whon It 18 not r)s8lle to e8tJmate the recoverab amount of an Individual a$t, an estimate Is made of the recoverable amount of the cash-generaling unit to which the 8sset The generatIng unll L8 the small981 Idendfiable group of assets that Indudos Ihe ass8t and generatss cash 5nllows that larggly Indendant ofthe cash Inftov•S from other as6ets or groups ofa689ts. For impairment testing of goc4Jwill. the g¢x>aMII acqulr8d In a buslness cunblnatlon Is, from th8 acqulslllon d8te, allocated to eath of cash-generating untts that aro expactgd lo benefit from the synergies of the comblnation, iffesrctfve of othor ass8ls or ILgbilttles of the charity are asslgned to trthe unmg. FIn•n¢1 In•trum•nts A flnancial asset or a finanual liabillty Is recognlsed only vhen the tharity boccffies a paty to the COntraUal provisn$ of the inslwmenL Basic financtal inslrumants are initially recogni(1 at the amount rocglvablg or paW)le IncludlryJ any related tr8ns8clion cc4ts. Current 8888ts and current Ilabillii88 aro 8ub86qu8nty m8a8wed at the cash or olher COn81der81ton expected to be pald or receSved and not derjntsd. Debt Snstnjments are subwuenty m038ured at amortlsed cojl. Where Investments In shares are publdy tr•ded or thelr falr value can othe]wk8e b8 m8asur8d rgllabty, the Irwestrnenl Is subsequenty meaSUd al f8lr value wlth d)anges In fair value rec¥)gnl8ed In irKome and exFfndifvre. AU other such inveslments are subsoquenly me88ured al cosl1868 Smpalmw Oiher fln8nd81 Inslwm8nts, 5ndudkng derlv8tSv88, are Snmalty recogn188d at f81r value, unl888 paymgnl for an assgt doferrwj beyon(I norm81 bu$Sno$s lorms or flnancgd al a rate of Intero81 that is not a market rate. In whlch case the asset Is meosured at Iho presont value of the future payments dlwJnted al a markel rats of Interest frx a slmilar debt Instrument Other fin8ncb81 instrumenls are subsequently measured at falr value, with any chang88 recognised in the statsmont of finon¢ial athues. th U)9 exceptbn of hedging instrLwnerts in designated hedging relabonshlp. Fknand818ssets that are meagur&J at ¢081 or amorU¥ed ¢t arn rgvlwwed for owethe dence of impairment at the end of eath repryung date. If there Is objethg evSdonce of impalmienl, an Impalrment loss is recognised under the approprlato IadIra In ststament of financial aLthwties in whith the initwl gain was recogni5ed. For all gquty instrumenls regarthess of swJnlfiwce, and other fan¢7 assets that are individually significanL these ar8 asses$gd Indivldually for impawment. Other finan(xal assets are either assessed indlviduolly or grouped on the basts of similar ¢xedlt rlsk charactedsttC8.
St Brigids Playschool Mounffield Notes to the Financial Statements (c Year ended 31 August 2021 Accounllng polldm (¢wrfh Flnanci Instrum•ntS reVeat9 of impaimignl are recognlsed MnmwJialeFy, to tho extent that the rgvorsal th)gs not resutt in a carying anM)unt of tha finawal et that exceeds vknal the canY1a amount woujd have been had ts Impaimienl not FeVKA been reccJniwl. tk>n•tlon¥ and l•gacl•s Unrestrlcted Tot•1 Fund• Unrestdctal Total Funds Funds 2021 Funds 2020 Donatlons Voluntary Cuthutbn6FundraislTrJ WELB Grants rl¥able Paylng Place8 1.957 32.851 S9.549 5.687 219 32,851 59.549 5.687 219 19.595 10.083 3.$)3 19,595 10,083 1rx).263 100,263 34.724 Inve•thwnt In¢om• UNe¥tricted Total Funds Unr88tdcted T¢)tal Fund8 Furw 2021 Fundj 2020 Bank Inter08t recerrnbl 33 Net Incam•l(•xp•ndlfvr• Net Inc¢ynoll•xpgndlturel Is stated after charglwl(uedillng): 2021 Dl810n of tanglble fixed assets 3,855 3.042 Independ•nt •x•mln•tlon fe 2021 Foes payable to the kMleperJenl examlner ts.. Indepgndent examlnaiion ol the finarthl statemwts Staff ¢o•ts The average h&8d count of employeos durlng the year was 312020.. 2). Thg avorage number of full-llme equivalent empws durlng yew is analy5ed as follows: 2021 No. 2020 No. Number of trustees
St Brigids Playschool Mounffield Notes to the Flnanclal Statements Year end8d 31 August 2021 Staff colts (coftuftwd) No employee recel¥ed enylo>w benefits of more thon £60.(KIO durlng Ihe year (2020: NII). Trustee remuneratn and ewns No remuneration or other benefits from ernpk>ent with the tharity a related entity were recav&J by the trustee8. 10. T#nglble ftxèd LarKI buiidngs Equlpmgnt Totsl Co•t At 1 Septèmber 2tr20 Addltions 18.165 7.108 18,165 27,108 At 31 Auguit 2021 D•PrlatIOn Al 1 Septemb9r 2020 Charge for th8 year At 31 August 2021 Carrylng amount At 31 August 2021 At 31 Aug1 2020 25.273 45,273 6.000 3.855 6,000 3,855 9.855 9,855 20.000 15.418 35,418 12,165 12,165 11. thbtor¥ 2021 2020 Trade deblc otr tJeblor8 5.834 232 232 5.834 11 Crndltorn". ¥fflounts falllng due wl¢hln on• ymr 2021 2020 cruals and deferred COme 1,020 1.720 10
St Brlglds Playschool Mounffield Notes to the Flnanclal Statements (conthued) Yoar anded 31 August 2021 13. Anatysis of charltable funds Unr•strl¢tsd funds At 31 August 2 021 1 September 2020 Income Expenditure Gen8ral funds 28,425 100.284 (42.6621 84,027 Al 1 S6ptèmber 2019 At 31 August 20 20 Income Expondllure General funds 27.072 34,757 {35,4051 28,424 14. Analy•l* of not a•¥th b•lw••n funds Unre81rlclèd Total Fund# Fund8 2021 T8nglbl8 flxed 888ets Current a888t8 Credllors le88 than 1 year 35,418 49,629 11,0201 84.027 35,418 49,629 11.020) 84,027 Unre8lrlct8d Tot81 Fund8 Funds 2020 Tanglble flxed a8Sats Current assets Crgdilors loss than 1 ygar 12.185 15,900 11,720) 26,425 12,165 15,980 11,7201 26,425
St Brfglds Playschool Mounffield Management Infomiaiion Year ended 31 August 2021 Tho followlnq p•gM do not part of th• flnan¢lal slat•m•nl•.
St Brigids Playschool Mountfield Detalled Statement of Flnanclal Activitles Year ended 31 August 2021 2020 Inme and endowments Donatlons and legacl•s Voluntary ContrllxrtkJn81FuThtrd18tr WELB Grants receivable Peng Places Olher donat1(8 1.957 32,851 59,549 5,687 219 1.s43 19,595 10,083 3,503 100.263 34.724 InvMtm•nt in¢om• Bank interest TpLeivabio 33 Totsl Incoma 100264 34,757 Exp•ndltur• Expendltur• on ch•rltabl• aGtlvltl•• Wages and 8alarie8 Other establl8YJment Legal and prOfe88k81 fee8 Telephone Deprec18On Pdntlng & Stsuanery 30.333 1.270 6.810 28,404 1,018 2,455 326 3,042 159 3.8SS 42,663 35,404 Total 4xndStU 41663 35,404 N•t In¢om•l{•xp•ndltur•} 57,601 (6471 13
st Brigids Playschool Mounffield Notes to the Detalled Statement of Flnancial Actlvltles Year ended 31 August 2021 2021 Expendlture on ch•rltablg a¢ll¥ltles Governance costs GoveTnance costs- wageslsayaries Govemance costs- other establishmwrt Govemance costs- accounkny fees Membership Fees Outings, Fee & Gener81 Expww5 Governance c05ts- programme costs Gov8rnance costs- depreciation 30.333 1,018 56 3.814 1,072 3.C42 159 395 Expendltwe on charltabl• a¢llvltle8 35.404 14