elainetrainor&co' CHARTERED ACCOUNTANTS Lower Mourne Pre-school Report & Accounts Y¢ar Ended 31 Juty 2022 CHARTERED ACCOUNTANTS IRELA'.4D Unit 2, 71 Milltown SL, WanEnpoint BT34 3PU Ièl. +41 ((1)?*41T5 3SIO dpinHiifIAiJ1or(yi l UjLiP] elainelr&innr¢¥i Elaine Trainor FCA VATRég.: 940 6497 07
Lower Mourne Pre-schoul Year Ended 31 July 2022 Contents Inforniation page Independent Examiner's R¢port Trustees Report Ine.omp Av. F.Xndllre Acc()unt Balance Sheet Notes
Lower Mourne Pre-school Year Ended 31 July 2022 Information Page Committ4è Member8 Clare Cwson (Chairperson) Fintan McBreen (Treasurer) Emer Poland (Secretsry) Business address Longston¢ Coinmunity Hall 65-67 Longston¢ Road Annaloi)g Co. Down BT34 4UX Accountants Elaine Trainor & Co Q.h?rtp.reA AccniintAnLs Unit 2, 71 Milltown Street Burr¢n Co Down BT34 3PU Bankers AIB (Nt) 42_44 Hill Street N¢wiy Co. Down BT34 IAU
Lower Mourne Pre4chool Incom¢ & Expendituro A¢¢ount for the Year Ended 31 July 2022 2022 2021 Income Fee Income Grants - Dept of Education Fundraising Break Money Registration Insurance Grani Income - Other 1,057 27,379 1,430 1,885 328 3,970 36,049 22.242 744 1,500 500 22,474 47.460 Expenditure Rent & Heating Wages & Salaries Maleri21s Telephone Postage & Stationery Cleaning Materials Repairs & M2inten3nr Provisions OutingslEnlertainment Subscriptions Staff Training Staff Pension Insurance Bank Interest & Charges Advertising Accountancy Professional Fees Sundry Expenses Depreciab'on of Equipment 4,200 20,631 835 198 204 3,600 23,427 3,977 110 1,080 801 75 461 60 1,516 71 25 493 531 1.Oti5 2.176 1,082 392 115 84 384 1.082 392 111 353 372 636 220 560 146 726 33,858 38.889 Surplus I (Deficltl for the Year 2,191 8,571
Lower Mourne Pre-school Balance Sheet as at 31 July 2022 2022 2021 Fixed Assets Tangible Assets 2,179 1.681 Current Assets Debtor Cash at bank Cash in hand 17,077 44 lJJ423 389 17.121 15,812 Creditors.. Amounts fallin8 due within one year 858 1,242 Net Curreiit A55ets 16,263 Total A55ets less current 18.442 16,251 Credltors.. Amounts falling due after more than one year Net Assets 18,442 16,251 Reserves Actumu13tÉd reserves blfvid Revaluation of Fixed Assets Surplus for the Year IG,251 7,680 2,191 8,571 18.442 16.251 We approve the financial information which comprlses the Profit and Loss Account, 8alance Sheet and the related notes. We acknowledge our responsibility for the financial information. Includlng the appropriateness of the bas1s on whlch it has been prepared as set out in note I, and for providing El3ine Trainor & Co with all the information necessary foT Its compilation. Chalrper50n Treasurèr Date: Date:
Lower Mollrne Pre-school Notes to the accounts for the year ended 31 July 2022 Aceounting poli¢x¢s 1.1. Accounting convention The accounts are prepared under the historical cost convention modifi¢d when n¢¢¢ssary to include the reTraluation of certain fixed assets. 1.2. Tangible fixed assets And depreciatioll Depreciation is provided at rates calculat¢d to write off th¢ cost or valuation less residual value of each asset over its expect¢d useful lif¢. as fullow5'. Fixtur¢s, fittings and equipment 25'/'0 Reducing Balance Tangible assets Equipment Total Cost At l August 2021 Additions 8,862 1,224 8,862 1.224 At 31 July 2022 10,086 10,086 Depreeiation At l August 2021 Charg¢ for th¢ year At 31 July 2022 7,182 726 7.182 726 7,908 7,908 Net book value At 31 July 2022 2,178 2,178 At31 July2021 1,680 1,680