REGISTERED COMPANY NUMBER.. N1068112 (Northern Ireland)
REGISTERED CHARITY NUMBER: NIC102340
ort of the Trustees and
Financial Statements for the Year Ended 31 March 2024
for
Sm211 Wonders Childcare
Acom
Limited b Guarantee
Lynn Drake & Co Ltd
Statutory Auditors
I st Floor
34 B-D Main Street
Moira
Co. Armagh
BT67 OLE

Small Wonders Childcare
Contents of the Financial Statements
for the Year Ended 31 March 2024
Page
Reference and Administrative Details
Report of the Trustees
2 to 7
Report of the Independent Auditors
to 11
Statement of Financlal Activities
12
Statement of Financial Position
13
Statement of Cash Flows
14
Notes to the Statement of Cash Flows
15
Notes to the Financial Statements
16 to 28
Detailed StatemeDt of Financial Activities
29 to 30

Small Wonders Childcare
Reference 2nd Administrative Details
for the Year Ended 31 March 2024
TRUSTEES
Ms N MGCullough
Ms L Kinnon
Ms C Harrison
Ms J Mercer
Ms M Smith
COMPANY SECRETARY
Ms L Kinnon
RECISTERED OFFICE
Clo Shankill Womens Centre
3 Mayo Link
Belfast
Co. Antrim
BT13 3BD
REGISTERED COMPANY
NUMBER
N1068112 (Northern Ireland)
RECISTERED CHARITY
NUMBER
NICI 02340
AUDITORS
Lynn Drake & Co Ltd
Statutory Auditors
I st Floor
34 B-D Main Street
Moira
Co. Arniagh
BT67 OLE

Small Wonders Childcare
ort of the Trustees
for the Year Ended 31 March 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their
report with the financial statements of the charity for the year ended 31 March 2024. The trustees have
adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019).
Mission Statement
Small Wonders childcare supports the rights of the child and are committed to practice. which protects
children from harm as outlined in articles 19 and 34 of the United Nations Convention on the Rights of the
Child 1989 and in compliance with the Children (ND Order 1995. Small Wonders accept that the welfare of
the child must be the paramount consideration before all else. It is our intention to create a child safe
environment where children are valued in every respect.
Aims
(l) To provide quality care and comfort in a safe friendly environment.
(2) To offer an early learning programme through the intervention of planned play activities
that allow children to grow and enable them to reach their full potential.
(3) To protect and encourage children and focus on positive behaviour.
(4) To help develop children's confidence and a programme where children can value
themselves and others through play.
(5) To provide opportunities for creative and imaginative play where children explore their
own identity and help build their self-esteem.

Small Wonders Childcare
ort of the Trustees
for the Year Ended 31 March 2024
OBJECTIVES AND ACTIVITIES
Objectives
(l) To ensure all persons providing direct care for children are vetted by a police check through Access NI.
(2) To ensure staff caring for children are experienced, qualified, caring and professional.
(3) To provide effective management for staff, trainees and volunteers through supervision. support and
training.
(4) To promote equal opportunities through our policies and to reflect this philosophy through practice and
delivery of care in our early years setting.
(5) To develop a partnership with parents by involving parents in children's care and sharing information and
concerns.
(6) To develop children's awareness of respect for diversity through play and books.
(7) To develop a healthy eating programme and support children's health and well being.
(8) To promote a strict no smoking (including vaping) policy and endeavour to create a healthy smoke
flee environment for children.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities
the charity should undertake.
ACHIEVEMENT AND PERFORMANCE
Achievements To Date
l All staff now minimum NVQ Level 3 qualified
2 3 Staff now qualified to Level 5
3 Our cook is NQ Level 2 qualified
4 2 relief staff within our bank of staff
5 Small Wonders celebrated its 15 years of operation
6 All staff achieved NVQ Level 2 Award in Food Safety & Catering
7 Our 5 * status from Environmental Health has been maintained
8 A wrap-around service has been established to provide services for children aged O-I l years
9 All Small Wonders servicesl facilities are running to full capacity with waiting lists.
10 We continue to provide a welcoming environment for all with a cross-community/ multi cultural
ethos running throughout all of our services and facilities
I l Minimum Childcare Standards are implemented and adhered to on a daily basis.
12 Small Wonders continue to works towards self-sustainability
FINANCIAL REVIEW
Financial position
The company had net incoming resources for the year of £9,849 (2023: net outgoing resources of £47,838),
which reflected the increase in trading activities during the year. Unrestricted funds increased by £9,977,
while restricted funds decreased by £128.

SMAII Wonders Childcare
ort of the Trustees
for the Year Ended 31 March 2024
FUTURE PLANS
Small Wonders will continue to grow as a social economy business with a strong staff team and
Management Committee. The business has two buildings, one solely dedicated to childcare and the other
currently housing Afterschools. This first floor space will continue to be shared with SWC classes and
activities in order to utilise maximum capacity of space.
We will continue to promote and advertise our services in order to meet the needs of both the business and
the parents who use this facility for the quality care of their children. We will promote the unique cross-
community aspect of our facility as a shared space and welcoming space for all.
The childcare provided and the facilities are set at a very high standard and are regularly inspected and
regulated by Social Services and by Environment Health. All policies and procedures are reviewed annually
and all new policies are approved by the Management Committee and implemented by Small Wonders
Manager.
Risk Management
The Management Committee has conducted a review of the major risks to which the charity is exposed. A
risk register has been established and is updated at least annually. Where appropriate, systems or
procedures have been established to mitigate the risks the charity faces.
These procedures and periodically reviewed to ensure that they continue to meet the needs of the business.
The policies in place are -
Admissions Policy
Child Management Behaviour Policy,
Designated Child Protection Officer
Equal Opportunities Policy
Health & Safety Policy
Medicine Policy
No Smoking Policy
Settling in Policy
Policy for Outings
Sick Child Policy
Whistle Blowing Policy
Toileting and Personal Care Policy
Child Protection Policy
Comments and Complaints Policy
Good Practice Policy
Policy for a Missing Child
Partnership with Parentslcarers Policy
Observation and Record Keeping and Assessment Policy
Healthy Eating Policy
Risk Assessment Policy
Emergency Policy
Maintenance of Play Equipment Policy
Policy on Medicines, Food and Drink Policy
Transport Policy
Security Policy
Uniform Policy
Supporting Children with Special Needs Policy
Social Networking Policy

Small Wonders Childcare
ort of the Trustees
for the Year Ended 31 March 2024
Mobile Phone Policy
Absence of Manager Policy
First Aid Policy
Pet Policy.
Photography & Videography Policy
Play Policy.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document. a deed of trust, and constitutes a limited company.
limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
The directors of the company are also charity trustees for the purposes of charity law and under the
company's Articles are known as members of the Management Committee. Under the requirements of the
Memorandum and Articles of Association the members of the Management Committee are elected to serve
for a period of three years after which they must be re-elected at the next Annual General Meeting.
None of the Trustees have any beneficial interest in the company.
Organisational structure
SWC has a Management Committee of up to 5 members who meet quarterly and are responsible for the
strategic direction and policy of the charity. At present the Committee has 5 members from a variety of
professional backgrounds relevant to the work of the charity.
Chairperson Nikki Mccullough
Secretary
Lesley-Anne Kinnon
Director
Margaret Smith
Director
Joan Mercer
Director
Cora Harrison
A scheme of delegation is in place and day to day responsibility for the provision of the services rest with
Small Wonders Manager, four Room Leaders and full staff team. Small Wonders Manager is Line Managed
by Shankill women's Centre Senior Management. Small Wonders Manager is responsible for ensuring that
the charity delivers the services specified and that key performance indicators are met.
Induction and training of new trustees
New trustees will usually be familiar with the work of the Daycare having been associated with it in some
form. Induction takes place by one to one meetings with the Chairperson and the Centre Manager to
ascertain more information about the management of the Centre and their role within it. They are also
furnished with and given an explanation on various documentation.. Memorandum and Articles,
Organisational plans and Annual Reports, latest minutes and any up to date development plans. Ongoing
training is offered to management committee on an ongoing and ad hoc basis. This is usually provided
under the membership of NICVA.
Reserves Policy
It is the policy of the charity that unrestricted funds which have not been designated for a specific use
should be maintained at a level equivalent to between three and six month's expenditure. The Trustees
considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be
able to continue the charity's current activities while consideration is given to ways in which additional funds
may be raised. This level of reserves has been maintained throughout the year.

Small Wonders Childcare
ort of the Trustees
for the Year Ended 31 March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Related parties
Early Years- The Organisation for Young Children
Early Year5 IS the largest organisation in Northern Ireland for young children. We are a non-profit making
organisation and have been working since 1965 to promote high quality childcare for children aged 0-12
and their families.
Currently Early Years provides information and training for parents, childcare providers. employers and
local authorities. We hope this website will help you to find out more about early childcare and education.
Social Services
The Belfast Trust is committed to providing services to support children, young people and their families.
We aim to work with and support families so that children can live in a safe, nurturing environment.
The Trust offers a range of services to families where children may not thrive and reach their full potential
without some help - this includes children in need of protection. we are also responsible for childr¢n who.
for a variety of r¢asons, cannot remain with their own families and who are "looked after" by the Trust.
The registration process requires the Trust to complete vetting checks on people who are applying to look
after children or people who will be living on, or regular visitors to, the premises where children are to be
looked after. Access Nl is the legally mandated organisation, which the Trust uses to process the vetting
checks on prospective childminders, prospective and iegistered owners of private day care and the
committee chairpersons of group day care, which are not privately owned.
Employers for Childeare
Are a campaigning charity which developed from a community project set up in 1998, encouraging
employers to implement family friendly policies in the workplace. The founding Chief Executive Officer
quickly identified the barrier that the lack of affordabl¢, quality childcare presents to working parents. Our
eth05 IS to address childcare, not as a social issue, but as a labour mark¢t and economic issue.
EVENTS SINCE THE END OF THE YEAR
Infomiation relating to events since the end of the year is given in the notes to the financial statements.
STATEMEIYT OF TRUSTEES, RESPONSIBILITIES
The trustees (who are also the directors of Small Wonders Childcare for the purposes of company law) are
responsible for preparing the Report of the Trustees and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard
applicable in the UK and Republic of Ireland"

Small Wonders Cbildcare
ort of the Trustees
for the Year Ended 31 March 2024
STATEMENT OF TRUSTEES, RESPONSIBILITIES- continued
Company law requires the trustees to prepare financial statements for each financial year which give a true
and fair view of the state of affairs of the charitable company and of the incoming resources and application
of resources, including the income and expenditure. of the charitable company for that period. In preparing
those financial statements. the trustees are required to
select suitable accounting policies and then apply them consistently:
observe the methods and principles in the Charity SORP;
make judgements and estimates that are reasonable and prudent;
prepare the financial statements on the going concern basls unless it is inappropriate to presume that th¢
charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy
at any time the financial position of the charitable company and to enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of
the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.
In so far as the trustees are aware:
there is no relevant audit information of which the charitable company's auditors are unaware. and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant
audit information and to establish that the auditors are awar¢ of that information.
AUDITORS
The auditors, Lynn Drake & Co Ltd. will be proposed for re-appointment at the forthcoming Annual
General Meeting.
Approved by order of the board of trustees on 21 November 2024 and signed on its behalf by:
Ms M Smith - Trustee

ort of the Inde
endent Auditors to the Trustees and Members of
Small Wonders ChiIdc8re
Opinion
We have audited the financial statements of Small Wonders Childcare (the 'charitable company,) for the year
ended 31 March 2024 which comprise the Statement of Financial Activities, the Statement of Financial
Position, the Statement of Cash Flows and notes to the financial statements, including a summary of
significant accounting policies. The financial reporting framework that has been applied in their preparation
is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland,.
In our opinion the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its
incoming resources and application of resources, including it5 income and expenditure, for the year then
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the
UK and Republic of Ireland,; and
have been prepared in accordance with the requirements of the Companies Act 2006,
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards arc further described in the Auditors,
responsibilities for the audit of the financial statements section of our report. We are independent of the
charitable company in accordance with the ethical requirements that ar¢ relevant to our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained
is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to
continue as a going concern for a period of at least twelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the
relevant sections of this report.
Other information
The trustees are responsible for the other information. The other information comprises the information
included in the Annual Report, other than the financial statements and our Report of the Independent
Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent
otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statetnents. our responsibility 15 to read the other information
and, in doing so, consider whether the other information is materially inconsistent with the financial
statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we
identify such material inconsistencies or apparent material misstatements, we are required to determine
whether this gives rise to a material misstatement in the financial statements themselves. If, based on the
work we have performed. we conclude that there is a material misstatement of this other information, we are
required to report that fact. We have nothing to report in this regard.

ort of the Inde
endent Auditors to the Trustees and Members of
Small Wonders Childcare
Opinions OJA Other matters prescribed by the Companies Act 2006
In our opinion, based on the Work undertaken in the course of the audit:
the information given in the Report of the Trustees for the financial year for which the financial
statements are prepared is consistent with the financial statements. and
the Report of the Trustees has been prepared in accordance with applicable legal requireTnents.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in
the course of the audit. we have not identified material misstatements in the Report of the Trustees.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to
report to you if, in our opinion:
adequate accounting records have not been kept or returns adequate for our audit have not been received
from branches not visited by us. or
the financial statements are not in agreement with the accounting records and returns. or
certain disclosures of trustees, remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit. or
the trustees were not entitled to take advantage of the small companies exemption from the requirement to
prepare a Strategic Report or in preparing the Report of the Trustees.
Responsibilities of trustees
As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the
directors of the charitable company for the purposes of company law) are responsible for the preparation of
the financial statements and for being satisfied that they give a true and fair view. and for such internal
control as the trustee5 determine is ne¢essary to enable the preparation of financial statements that are free
from material misstatement. whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's
ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using
the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or
to cease operatKons, or have no realistic alternative but to do so.

Re ort of the Inde
endent Auditors to the Trustees and Members of
Small Wonders Childcare
Our responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors
that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an
audit conducted in accordance with ISAS (UK) will alway5 detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate,
they could reasonably be expected to Influence the economic decisions of users taken on the basis of these
financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of
iriegularities. including fraud. In particular, we looked at where management made subjective judgements,
for example in respect of accounting estimates that involved making assumptions and considering future
events that are inherently uncertain. We also considered potential financial or other pressures, opportunity
and motivations for fraud. As part of this discussion. we identified the internal controls established to
mitigate risks related to fraud or non-compliance with laws and regulations and how management monitor
these processes. Appropriate procedures included the review and testing of manual journals and key
estimates and judgements made by management for risk of fraud.
Based on our understanding of the company and industry, we identified the principal risks of
non-compliance with laws and regulations as those that have a direct impact on the determination of material
amounts and disclosures in the financial statements.
We evaluated management's incentives and opportunities for fraudulent manipulation of the financial
statements and identified the greatest potential for fraud. We communicated the identified laws and
regulations throughout the audit team and remained alert to any indications of non-compliance throughout
the audit. Audit procedures performed included, but were not limited to:
Discussions with management including consideration of known or suspected instances of
non-compliance with laws and regulation and fraud.
Reviewing the financial statement disclosures and testing to supporting documentation,
Review of board meeting minutes of those charged with governance.
In addressing the risk of fraud through management override of controls, testing the appropriateness of
journal entries and other adjustments;
As part of an audit in accordance with ISAS (UK). we exercise professional judgment and maintain
professional scepticism throughout the audit. We also:_
Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or
error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is
sufficient and approprTate to provide a basis for our opinion. The risk of not detecting a material
misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion,
forgery, intentional omissions. misrepresentations. or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the
Charities internal control.
10

ort of the Inde
endent Auditors to the Trustees and Members of
Small Wonders Childeare
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and
related disclosures made by the trustees.
Perform analytical procedures to identify any unusual or unexpected relationships that may indicate risks of
material misstatement due to fraud or error.
Conclude on the appropriateness of the trustees, use of the going concern basis of accounting and based on
the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may
cast significant doubt on the charities ability to continue as a going concern. If we conclude that a material
uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the
financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based
on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions
may cause the charity to cease to continue as a going concern.
Evaluate the overall presentation, structure, and content of the financial statements, including the disclosures
and whether the financial statements represent the underlying transactions and events in a manner that
achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned scope
and timing of the audit and significant audit findings. including significant deficiencies in internal control
that we identify during our audit.
A further description of our responsibilities for the audit of the financial statements is located on the
Financial Reporting Council's website at www.frc.org.uklauditorsresponsibilities. This description forms
part of our Report of the Independent Auditors.
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the
charitable company's members those matters we are required to state to them in an auditors, report and for no
other pur
ose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone
other th
the charitable company and the charitable company's members as a body, for our audit work, for
this rep
or for the opinions we have fomied.
Billy Drake
nior Statutory Auditor)
for and on behalf of Lynn Drake & Co Ltd
Statutory Auditors
I st Floor
34 B-D Main Street
Moira
Co. Armagh
BT67 OLE
21 November 2024

Small Wonders Childeare
Statement of Financial Activities
for the Year Ended 31 March 2024
31.3.24
Total
funds
31.3.23
Total
funds
Unrestricted Restricted
fund
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
50.759
50,759
41,055
Charitable activities
Grants Receivable
20,953
20,953
6,800
Other trading activities
555,073
555,073
548,286
Total
605,832
20,953
626.785
596,141
EXPENDITURE ON
Charitable activities
Charitable Activities
Governance Costs
592,349
3,506
21,081
613,430
3,506
640,979
3,000
Total
595,855
21,081
616.936
643.979
NET INCOMEI(EXPENDITURE)
9,977
(128)
9,849
(47,838)
RECONCILIATION OF FUNDS
Total funds brought forward
60,571
385
60,956
108,794
TOTAL FUNDS CARRIED FORWARD
70,548
257
70,805
60,956
The notes form part of these financial statements
12

Small Wonders Childcare
Statement of Financial PositlOD
31 March 2024
31.3.24
31.3.23
Notes
FIXED ASSETS
Tangible assets
6,197
7,810
CURRENT ASSETS
Debtors
Cash at bank
L2
12,442
99,959
23,879
86,979
112.401
110.858
CREDITORS
Amounts falling due within one year
13
(47,793)
(57,712)
NET CURRENT ASSETS
64,608
53,146
TOTAL ASSETS LESS CURRENT
LIABILITIES
70,805
60,956
NET ASSETS
70,805
60,956
FUNDS
Unrestricted fund5
Restricted funds
15
70,548
257
60.571
385
TOTAL FUNDS
70,805
60,956
These financial statements have been prepared in accordance with the provisions applicable to charitable
companies subject to the small companies regime.
The financial statements were approved by the Board of Trustee5 and authorised for issue on
21 November 2024 and were signed on its behalf by.,
M Smith- Trustee
J Mercer - Trustee
The notes form part of these financial statements
13

Small Wonders Childcare
Statement of Cash Flows
for the Year Ended 31 March 2024
3l,3.24
31.3.23
Notes
Cash flows from operating activitie5
Cash generated from operations
12,980
(30,889)
Net cash provided by/(used in) operating activities
12,980
(30,889)
Cbange in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
12.980
(30,889)
86.979
117,868
Cash and cash equivalents at the end
of the reporting period
99,959
86.979
The notes form part of these financial statements
14

Small Wonders Childcare
Notes to the Statement of Cash Flows
for the Year Ended 31 March 2024
RECONCILIATION OF NET INCOMEI(EXPENDITURE) TO NET CASH FLOW FROM
OPERATING ACTIVITIES
31.3.24
31.3.23
Net incornel(expenditure) for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Decrease in debtors
(Decrease)/increase in creditors
9,849
(47.838)
1,613
11,437
(9,919)
.613
5,032
10,304
Net cash provided byl(used in) operations
12,980
(30,889)
ANALYSIS OF CHANGES IN NET FUNDS
At 114123
Cash flow
At 3113124
Net cash
Cash at bank
86,979
12,980
99.959
86,979
12,980
99.959
Total
86,979
12,980
99,959
The notes form part of these financial statements
15

Small Wonders Childeare
Note5 to the Financial Statements
for the Year Ended 31 March 2024
ACCOUNTING POLICIES
Basi5 of preparing the financial statements
Summary of significant accounttng policies
(a) General information and basis of preparation
Small Wonders Childcare is constituted as a company limited by guarantee incorporated in Northern
Ireland (N1068112), In the event of the charity being would up, the liability in respect of the guarantee
is limited to £1 per member of the charity.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have
been prepared in accordance with Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Financial
Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the
Charities Act (Northern Ireland) 2013. the Companies Act 2006 and UK Generally Accepted Practice
as it applies from l January 2015.
The financial statements are prepared on a going concern basis under the historical cost convention.
modified to include certain items at fair value. The financial statements are presented in sterling
which is the functional currency of the charity..
The significant accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless otherwise stated
(b) Funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general
objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular
purposes. The aim and use of each designated fund is set out in the note5 to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the charity for particular purposes. The cost of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
(c) Income recognition
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity
is legally entitled to the income after any performance conditions have been met, the amount can be
measured reliably and it is probable that the income will b¢ received.
16
ontinued...

Small Wonders Childcare
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES - continued
Basis of preparing the fiDaneial statements
For donations to be recognised the charity will have been notified of the amounts and the settlement
date in writing. If there are conditions attached to the donation and this requires a level of
performance before entitlement can be obtained then income is deferred until those conditions are
fully met or the fulfilment of those conditions is within the control of the charity and it is probable
that they will be fulfilled.Voluntary income is received by way of grants, donations and gifts and is
included in full in the Statement of Financial Activities (SOFA) when receivable. Income received
from collections is recognised when received.
Donated facilities and donated professional services are recognised in income at their fair value when
their economic benefit is probable, it can be measured reliably and the charity has control over the
item. Fair value is determined on the basis of the value of the gift to the charity. For example the
amount the Charity would be willing to pay in the open market for such facilities and services. A
Corresponding amount is recognised in expenditure.
No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102).
Further detail is given in the Trustecs, Annual Report.
For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the
legacy being received. At this point income is recognis¢d. On occasion legacies will be notified to the
charity however it is not possible to measure the amount expected to be distributed, On these
occasions, the legacy is treated as a contingent asset and disclosed.
Income from trading activities includes income earned from fundraising events and trading activities
to raise funds for the charity. Income is received in exchange for supplying goods and services in
order to raise funds and is recognised when entitlement has occurred.
The charity receives government grants which are detailed within the notes to these financial
statements. Income from government and other grants are recognised at fair value when the charity
has entitlement after any performance conditions have been met, it is probable that the income will be
received and the amount can be measured reliably. If entitlement is not met then these amounts are
deferred.
(D) Expenditure recognition
All expenditure is accounted for on an accruals basis, inclusive of VAT which cannot be recovered
and has been classified under headings that aggregate all costs related to the category. Expenditure is
recognised where there is a legal or constructive obligation to make payments to third parties, it is
probable that the settlement will be required and the amount of the obligation can be measured
reliably. It is categorised under the following headings:
Costs of raising funds includes the costs associated with attracting voluntary incomes.
Expenditure on charitable activities includes those costs incurred by the charity in the delivery of its
activities and services for its beneficiaries. It includes both costs that can be allocated directly to such
activities and those costs of an indirect natur¢ necessary to support them. and
Other expenditure represents those items not falling into the categories above.
Irrecoverable V AT is charged as an expense against the activity for which expenditure arose.
17
continued...

Small Wonders Childcare
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES- eontinued
Basis of preparing tbe financial statements
Grants payable to third parties are within the charitable objectives. Where unconditional grants are
offered, this is accrued a5 soon as the recipient is notified of the grant, as this gives rise to a
reasonable expectation that the recipient will receive the grants. Where grants are conditional relating
to performance then the grant is only accrued when any unfulfilled conditions are outside of the
control of the charity.
(e) Support costs allocation
Support costs are those that assist the work of the charity but do not directly represent Charitable
activities and include office costs, governance costs, administrative payroll costs. They are incurred
directly in support of expenditure on the objects of the charity and include project management
carried out at Headquarters. Where support costs cannot be directly attributed to particular headings
they have been allocated to cost of raising funds and expenditure on charitable activities on a basis
consistent with use of the resources. Premises overheads have been allocated on an insert detail basis
and other overheads have been allocated on a basis consistent with the use of resources.
Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs
of disseminating information in support of the charitable activities.
(fj Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impaimient
losses. Cost includes costs directly attributable to making the ass¢t capable of operating as intended.
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less
estimated residual value. of each asset on a systematic basis over its expected useful life as follows:
Motor Vehicles
Equipment
I 00/0 Straight Line
200/0 Straight Line
(g) Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are
recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
(h) Financial Instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at settlement value.
(i) Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at
each balance sheet date. If such indication exists, the recoverable amount of the asset, or the ￿Set'S
cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount
exceeds its recoverable amount, an impairment105s is recognised in profit or loss unles5 the asset is
carried at a revalued amount where the impairment loss is a revaluation decrease.
18
ontinued...

Sm211 Wonders Childcare
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES - continued
Basis of preparing the financial Statements
O) Provisions
Provisions are recognised when the charity has an obligation at the balance sheet date as a result of a
past event, it is probable that an outflow of economic benefits will be required in settlement and the
amount can be reliably estimated.
(k) Leases
Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term
and the expected useful life of the asset. Minimum lease payments are apportioned between the
finance charge and the reduction of the outstanding lease liability using the effective interest method.
The related obligations. net of future finance charges, are included in creditors.
Rentals payable and receivable under operating leases are charged to the SOFA on a straight line basis
over the period of the lease.
(l) Tax
No provision is required for taxation as the company is defined as a charity for taxation purposes.
The charity is a registered charity and so such is entitled to certain tax exemptions on income and
profIts from investments and surpluses on any trading activities carried on in furtherance of the
charity's primary objectives, if these profits and surpluses are applied solely for charitable purposes.
(m) Going concern
The financial statements have been prepared on a going concern basis as the trustees believe that no
material uncertainties exist. The trustee5 have considered the level of funds held and the expected
level of income and expenditure for 12 months from authorising these financial statements. The
budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to
continue as a going concern.
(n) Accounting estimates and areas ofjudgement
The preparation of the financial statements requires management to make judgements. estimates and
assumptions that affect the amounts reported. These estimates and judgements are continually
reviewed and are based on experience and other factors, including expectations of future events that
are believed to be reasonable under the circumstances.
The items in the financial statements where these judgements and estimates have been made include..
(i) estimating the useful economic life of tangible fixed assets
(li) allocation of expenditure and support costs
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to
thc charitable company's pension scheme are charged to the Statement of Financial Activities in the
period to which they relate.
l9
continued...

Small Wonders Childcare
Notes to the Financi21 Statements - continued
for the Year Ended 31 March 2024
DONATIONS AND LEGACIES
31.3.24
31.3.23
Donations
50,759
41,055
OTHER TRADING ACTIVITIES
31.3.24
31.3.23
Childcare Fees
Room Hire
After Schools
Bus/ Transportation
Sundry Income
Childcare Catering
Insurance Claim
339,836
8,730
194,384
215
2,267
5,382
4.259
332,912
3.167
201,982
600
2,625
7,000
555,073
548,286
INCOME FROM CHARITABLE ACTIVITIES
31.3.24
31.3.23
Activity
Grants Receivable
Grants
20,953
6,800
Grants received, included in the above. are as follows..
31.3.24
31.3.23
Belfast City Council - Summer Scheme
D¢partment of Health
Belfast City Council - Revenue
953
5,000
1,800
20,000
20,953
6,800
20
continued..

Small Wonders Childcare
Notes to the Financi21 Statements - CODtinued
for the Year Ended 31 March 2024
CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 6)
Direct
Costs
Totals
Charitable Activities
Governance Costs
608,852
2,366
4,578
1,140
613,430
3,506
611.218
5,718
616,936
SUPPORT COSTS
Governance
costs
Finance
Totals
Charitable Activities
Governance Costs
678
3,900
1,140
4,578
1,140
678
5,040
5,718
NET INCOMEI(EXPENDITURE)
Net incomel(expenditure) is stated after chargIn￿(crediting)'.
31.3.24
31.3.23
Accountancy Fee
Audit Fee
Depreciation - owned assets
Hire of plant and machinery
2,400
2,640
1,613
2,681
3,000
1.613
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the
year ended 31 March 2023.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended
31 March 2023.
21
continued...

Small Wonders Childcare
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
STAFF COSTS
31.3.24
31.3.23
Wages and salaries
Social security costs
Other pension costs
416.517
18,468
6.210
478.737
21,025
15,307
441.195
515.069
The average monthly number of employees during the year was as follows:
31.3.24
29
31.3.23
39
Management & Administration
No employees received emoluments in excess of £60,000.
The key management personnel of the charity comprise of the Chief Executive and Senior
management team. The salaries paid to key management personnel being the Chief Executive
Officer, Finance Manager. and Programme Co-ordinator during the year totalled £89,714.
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
fund
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
41.055
41,055
Charitable activities
Grants Receivable
6,800
6,800
Other trading activities
548,286
548,286
Total
589,341
6,800
596,141
EXPENDITURE ON
Charitable activities
Charitable Activities
Governance Costs
634,051
3,000
6,928
640,979
3,000
Total
637,051
6,928
643.979
NET INCOMEI(EXPENDITURE)
(47,710)
(128)
(47,838)
RECONCILIATION OF FUNDS
Total funds brought forward
108,281
513
108,794
22
continued,..

Small Wonders Chlldcare
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued
Unrestricted Restricted
Total
fund
funds
funds
TOTAL FUNDS CIIRRIED
FORWARD
60.571
385
60,956
11. TANGIBLE FIXED ASSETS
Motor
vehicles
Equipment
Totals
COST
At l April 2023 and 31 March 2024
14,850
8.816
23,666
DEPRECIATION
At l April 2023
Charge for year
7,425
1,485
8,431
l28
15,856
1,613
At 31 March 2024
8,910
8,559
17,469
NET BOOK VALUE
At 31 March 2024
5,940
257
6.197
At 31 March 2023
7,425
385
7,810
12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
Trade debtors
Other debtors
Belfast City Council
Prepaynients
9.814
12,567
170
1.000
10,142
2,628
12,442
23,879
23
continued...

Sn]all Wonders Childcare
Notes to the Financial Statements- continued
for the Year Ended 31 March 2024
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
SWC Intercompany
Accruals and deferred income
38,497
9.296
38,497
19,215
47,793
57,712
14. ANALYSIS OF NET ASSETS BETWEEN FUNDS
31.3.24
Total
funds
31.3.23
Total
funds
Unrestricted Restricted
fund
funds
Fixed assets
Current assets
Current liabilities
5.940
112,401
(47,793)
257
6,197
l12,401
(47,793)
7,810
110,858
(57,712)
70,548
257
70,805
60,956
15. MOVEMENT IN FUNDS
Net
movement
in funds
At
3113124
At 114123
Unrestricted funds
General fund
60,571
9.977
70,548
Restricted funds
HSCB
385
(128)
257
TOTAL FUNDS
60.956
9,849
70,805
24
continued...

Small Wonders Childcare
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
15. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
605,832
(595,855)
9,977
Restricted funds
BCC Summer Scheme
HSCB
BCC Revenue
953
(953)
(128)
(20,000)
(128)
20.000
20,953
(21,081)
(128)
TOTAL FUNDS
626.785
(616,936)
9.849
Comparatives for movement in funds
Net
movement
in funds
At
3113123
At 114122
Unrestricted funds
eneral fund
108.281
(47.710)
60,571
Restricted funds
HSCB
513
(128)
385
TOTAL FUNDS
108,794
(47,838)
60,956
25
continued...

Small Wonders Childcare
Notes to the Financial Statements- continued
for the Year Ended 31 March 2024
15. MOVEMENT IN FUNDS - Continued
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
589.341
(637,051)
(47,710)
Restricted funds
BCC Summer Scheme
Department of Health
HSCB
5,000
1,800
(5,000)
(1.800)
(128)
(128)
6,800
(6,928)
(128)
TOTAL FUNDS
596.141
(643,979)
(47.838)
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
in funds
At
3113124
At 114122
Unrestricted funds
General fund
108,281
(37.733)
70.548
Restricted funds
HSCB
513
(256)
257
TOTAL FUNDS
108,794
(37.989)
70,805
26
continued...

Small Wonders Childcare
Notes to the Financial Statements- continued
for the Year Ended 31 March 2024
15.
MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds. included in the
above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
1,195,173
(1,232,906)
(37,733)
Restricted funds
BCC Summer Scheme
Department of Health
HSCB
BCC Revenue
5.953
1.800
(5,953)
(1,800)
(256)
(20,000)
(256)
20,000
27,753
(28,009)
(256)
TOTAL FUNDS
1,222,926 (1.260,915)
(37,989)
16. RELATED PARTY DISCLOSURES
Transactions wlth Related Parties
During the year the charity entered into the following transactions with related parties:.
During the year Small Wonders Childcare entered into transactions with Shankill Womens Centre. a
related party. At the balance sheet date, the amount owed to Shankill Womens Centr¢ was £38,497
(2023 Small Wonders Childcare owed £38,497).
17. POST BALANCE SHEET EVENTS
There were no events after the reporting period therefore no material issues need disclosed.
18. LIMITED BY GUARANTEE
The company is limited by guarantee and has no share capital.
27
continued.,.

Small Wonders Childcare
Notes to the Financial Statement5 - continued
for the Year Ended 31 March 2024
19. WINDING UP
Every member of the Company undertakes to contribute to the assets of the Company, in the event of
the same being wound up while it is a member, or within one year after it ceases to be a member, for
payment of the debts and liabilities of the Company contracted before it ceases to be a member, and of
the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributor's
among themselves, such amount as may be required not exceeding one pound.
28

Small Wonders Childcare
Detailed Statement of Financial Activities
for the Year Ended 31 Mareh 2024
31.3.24
31.3.23
INCOME AND ENDOWMENTS
Donations and legacies
Donations
50,759
41,055
Other trading activities
Childcare Fees
Room Hire
After Schools
Bus/ Transportation
Sundry Income
Childcare Catering
Insurance Claim
339,836
8,730
194,384
215
2,267
5,382
4,259
332,912
3,167
201,982
600
2,625
7,000
555,073
548.286
Charitable activities
Grants
20,953
6,800
Total incoming resources
626,785
596,141
EXPENDITURE
Charitable Activities
Wages
Social security
Pensions
Hire of Equipment
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Sundries
Cleaning
Creche Materials
Creche Activities
Creche Catering
Equipment- Small Value
Staff Training
Staff Travel
Summer Scheme Activities
Carried forward
416,517
18,468
6,210
2,68l
2,263
7,274
14,665
3,401
1,019
2.299
3,861
2,807
8,345
14,066
478,737
21,025
15,307
2,l99
7,658
16,650
2,739
2,058
3,915
3,995
4.932
14.028
4.789
621
1,167
2,066
551
582.437
898
550
505.324
This page does not form part of the statutory financial statements
29

Small Wonders Childcare
Detailed Statement of Financial Activities
for the Year Ended 31 March 2024
31.3.24
31.3.23
Charitable activities
Brought forward
Facilitation
Repairs and Maintenance
Rent
Motor Expenses
Legal and Professional Fees
Subscriptions
IT Costs
Service Level Agreements
Depreciation of tangible fixed assets
505,324
582,437
519
21.900
31.003
2,202
337
22,461
32,403
1,581
416
131
2,814
44,475
1,613
1,613
611,218
640,011
Support costs
Finance
Bank charges
678
968
Governance costs
Accountancy Fee
Audit Fee
2,400
2.640
3,000
5,040
3,000
Total resources expended
616,936
643,979
Net incomel(expenditure)
9,849
(47,838)
This page does not form part of the statutory financial statements
30