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2023-08-31-annual-report

for Naíscoil An Traonaigh for the year ended 31/08/2023

TRUSTEES' ANNUAL REPORT

Structure, Governance and Management

Naíscoil An Traonaigh is governed by its Constitution.

The trustees at the date of this report and those who served during the financial year are listed below. Trustees / Directors

The trustees who served during the year are as follows:

Ms Ann-Marie Brown

Ms Leona McEneaney Ms Genna McManus Ms Geraldine Lavelle Ms Mandy Leonard Ms Jolene Ní Uidhir Ms Marie Feeney Ms Ann Marie McDermott

Naíscoil An Traonaigh is registered with the Charity Commission for Northern Ireland since 5th August 2015, under reference number NIC102610 .

Public address:

Naíscoil An Traonaigh, Drumbrughas Thuaidh, Lios Na Scéithe, Co Fhearmanach, BT92 0PE

Objectives and Activities

Objectives

The aim of the Naíscoil is to:

Key Activities in the Year

During 2022/2023, Naíscoil an Traonaigh continued to enhance the learning environment for the children and further integrate our curriculum with outdoor and cultural learning. Highlights included: Installation of new interactive learning boards and sensory resources in the indoor space.

Further development of our outdoor mud kitchen and garden space, encouraging imaginative and nature-based play.

Hosting of several family days and cultural events to promote community engagement. Graduation ceremony celebrated with families and community representatives in attendance.

Financial Review

Review of Finances

Naíscoil An Traonaigh remains a non-profit making organisation. Opening Balance (01/09/2023): £20,872.36 Income: £63,316.34 Expenditure: £63,232.06 Closing Bank Balance (31/08/2024): £20,956.64 Net Income for the Year: £84.28

Reserves Policy

Naíscoil an Traonaigh maintains a reserves policy to ensure that its core activities could continue during a period of unforeseen difficulty. It is the trustees’ aim to build reserves to cover at least three months of operating costs.

Future Plans

The trustees intend to continue controlling costs while enhancing service delivery. In response to reduced funding streams, a targeted fundraising strategy will be implemented in the coming year, including grant applications, community fundraising events, and partnership building. Additionally, plans are underway to pilot an extended hours service in 2024, subject to demand and resourcing.

Statement of Trustees’ Responsibilities

The Trustees are responsible for preparing the financial statements in accordance with applicable law and regulations.

They must keep proper accounting records that disclose the financial position of the charity with reasonable accuracy, to ensure compliance with applicable regulations. The trustees are also responsible for safeguarding the charity’s assets and for taking reasonable steps to prevent fraud and other irregularities. In so far as the trustees are aware:

On behalf of the Trustees

Leona McEneaney (Trustee) Date: 8.4.25

INCOME & EXPENDITURE ACCOUNT NAIscoiL AN TRAONAIGH 01 SEPTEMBER 2022- 31 AUGUST 2023 Starting Balance £ 20,872.36 Wage• Stsff Traveirrraining Phon• ' Bank Fo Groc•rl Premis88lAdmin Expense• Re8ourc4•trrlp ExpenseB Mi8C £ 44,628.42 2,023.5Q 372.00 241.67 1.4P9.45 1,885.55 4.386.67 3,269.50 301.00 998.68 2,891.91 720.41 303.30 P8n8icn HMRC In8uranc• Voluntser Exp8 £ 83,232.CAry PEAGS FurKlralslng Pathway Grant• Fee8 Refund £ 48,947.80 5,916.67 2,157.38 8,084.94 209.55 £ 83,316.34 £ 20,956.64 Prepared By: Signature: Name: Position: Signed Off By. Signature: Name: Position: