elainetrainor&co' CHARTERED ACCOUNTANTS Lower Mourne Pre-school Report & Accounts Year Ended 31 July 2021 CHARTERED ACCOUPItANTS IRELA19 Unit 2, 71 Milltown St, BuThn, WanEnpoint Bl34 3PU TeL. 441 ((i)484175 3310 e1117netra7nQTftIW l 14pl(Il£l elainetThinnT.(yim VAT Reg.: 940 6497 07 Elainelhinor FCA
Lower Mourne Pre-S¢hool Year Ended 31 July 2021 Contents Inforniation page Indep¢ndeiit Examiner's Report Trusts¢s Report Income & Expenditure Account Balan¢¢ Sh¢¢t Notes
Lower Mourne Pre-school Year Ended 31 July 2021 Information Page Committe¢ Members Fintan McBreen (Treasur¢r) Emer Poland (Se¢r¢tary) Business address Longstone Coinmunity Hall 65-67 Longstoiie Road Annaloi)g Co. Down BT34 4UX Aecountants Elaine Ti'&inor & Co Chartered Accountants Unit 2, 71 Milltown Street Burren Co Down BT34 3PU Bankers B (Nt) 30 Gr¢¢n¢astl¢ Street Kilkeel Co. Down BT34 4BH
Lowpr Mourne preChool Income & Expenditure Account for the Year Ended 31 July 2021 2021 2020 Income Fee Income Grants - Depl Df Education Grant income-other Fundraising Break Money Registration Insurance Other Income 1,207 23,645 2,188 879 1.230 142 666 29,957 22,242 22,474 744 1.500 500 47,460 Expenditure Rent & Healing Wages & Salaries Materials Telephone Postage & Stationery Cleaning Materials Repairs & Maintenance Provisions OutingslEntertainment 3,600 23,427 3,977 110 1,080 801 75 461 60 2,850 30,772 1.539 150 166 100 108 478 195 E I I Subscriptions staff Training staff Pension Insurance Bank Interest & Charges Advertising Accountancy Professional Fees Sundry Expenses Depreciation of Equipment 1.516 56 1,082 392 111 353 372 636 220 560 2,459 60 1.082 392 136 390 905 134 401 38.889 42,401 Surplus I (Deficit) for the Year 8,571 (12,4441
Lower Mourne Pre-school Balance Sheet s at 31 July 2021 2021 2020 Flx•d Assets Tangible Assets 1,681 1,204 Current Assets Debtor Cash at bank Cash in hand 15.423 389 15.812 7,270 76 7.346 Creditors.. Amounts falling due within one year 1,242 870 Net Current Assets 14,570 6,476 Total Assets less current 16,251 7,680 Creditors.. Amotjnts falling due after more than one year Net Assets 16,251 7,680 Reserves Accumulated reserve5 b/fwd Surplus for the Year 7,680 8,571 20.124 112,4441 16.251 7.680 We approve the financial information which comprises the Profit and Loss Account. Balance Sheet and the related notes. We acknowledge our responsibility for the financial information, including the appropriateness of the basis on which it has been prepared as set out in note I, and for providing Elaine Trainor & Co with all the information necessary for its compilation. Fintan M¢Breen Treasurer Emer Poland Secretary Date.. 3 Octobèr 2022 Date: 3 October 2022
Lower Mourne Pre-sehool Notes to the ac¢ounts for the year ended 31 July 2021 AceountjDg policies Accounting ¢ODvention The akncounts are prepared under the historical cost convention modified wheii necessary to include the rei'aluation of certain fixed assets. 1.2. Tangible fIxed a.$sets and depreciation Depieiiation is provided at rates calculated to write off the cost or valuation less residual value of ea¥h asset ov¢r its expected useful life, as follows.- Fixtures. fittings and ¢quiptnent 250/0 Reducing Balance Tangible assets Equipment Total Cost At l August 2020 Additions 7,825 1,037 7,825 1,037 At31 July2021 Depreciation At l August 2020 Charge for the year At31 July2021 8,862 8,862 6,622 560 6,622 560 7.182 7,182 Net book value At31 July2021 At 31 July 2020 1,680 1.680 1,203 1.203