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
dpinHiifIAiJ￿1or(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.X￿nd￿￿llre 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