elainetrainor&co'
CHARTERED ACCOUNTANTS
Lower Mourne Pre-school
Report & Accounts
Year Ended 31 July 2021
CHARTERED
ACCOUPItANTS
IRELA￿19
Unit 2, 71 Milltown St, BuThn, WanEnpoint Bl34 3PU
TeL. 441 ((i)484175 3310
e￿1￿￿1￿￿1￿7netra7nQTftIW 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 pre￿Chool
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