Ballygowxn Community Pre-school &
Playgroup
Statement of Finallcial ActiVltie5
for the year ended 31 May 2024
2024
Unrestricted
funds
2023
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
62,489
50,595
Other Iradin8 &clivities
17.326
Total
80,696
67.921
EXPENDITURE ON
Raising funds
7,810
10.833
Clinritable activities
Staff Costs
Administrative costs
74,759
6.226
58,598
8.367
Total
88.795
NET INCOMEI(EXPENDITURK)
{8,099)
(9.877)
RECONCILIATION OF FUNDS
Total funds brought forward
63,$53
73,430
TOTAL FUNDS CARRIED FORWARD
5S,454
63,553
The notes fom) part of these financial statements
Pagg 5

Ballygowall Community Pre-scbool &
PIAygrollp
Balance Sbtet
31 Mjy 2024
2024
Unrestricted
funds
2023
Tolal
fund5
Notcs
CURRENT ASSETS
Debioi's
Casli at bank and in hand
984
S7.348
6,760
58.332
64.880
CREDITORS
Amount5 falling due within one year
{2,878)
(1,327)
T CURRENT ASSETS
55.454
63.553
TOTAL ASSETS L￿s CURRENT
LIABILITIES
55,454
63,553
NET ASSETS
55.454
FUNDS
Unrestricted funds
55,454
TOTAL FUNDS
55.454
63.5)3
The financial statements were approved by the Board of Twstees and authorised for issu¢ on
- g.6.ffi..H ￿d￿...1￿.Is........ and werc signed on its behaifby:
K Slew8rt- Trustec
The no(es form part of these fin8ncial statements
Page 6

Ballygowan Community Pre-5thool &
Playgroup
Notes to the FinaDcial StAtemtnts
for tht year ended 31 May 2024
ACCOUNTING POLICIES
Stxtemcnt of ¢ompliance
The financial stat¢ments of the charity, which is a public benefit entity under FRS 102, have been prepared in
acLOI'dance iyith th¢ Chariiies SORP (FRS 102) 'Accounting and Repor(ing by Charitie5: St8tcm¢nt of
Recommended Practice applicable lo charities prcparing iheir accounts in accordanc¢ iviih the Financial
Reporting Standard applicable in the UK 2nd Republic of Ireland {FRS 102) (effective l January 2019),.
Financial Reporting Stsndard 102 The Financial Reporting St8ndard applicable in thc UK and Republic of
Ircland, and the Charities Act (Northern Ireland} 2008. The financial statsmenls have been pi'epared undei. the
historical cost convention.
Going coneer
The Iruslees consider that there are no material uncertainties about the charity's ability to continue as a going
concern.
Income
Volunlary income including donations) gift4 l¢g&cies and granls thai providc Core funding or are of a generd5
ature is recognised ivhen the ¢haiily has entitlement to the incotn( or it is probable that the income will be
received and the amount Can be measur¢d with sufficient reli¥bility.
Grants Teteiv2ble
Grants are recoEnised when the charity has an entitlement to the funds and any condition linked to the gi'ant8
have been MCL Whcr¢ performancc condiiions are attachcd io lh¢ tsranl and are yet to be mel, th¢ income is
recognised as a liability and included on the balance sheet as deferred income to be released.
Investment Income
Dividends are recognised once the dividcnd has been declared and notification of the dividend due has been
r¢eeived.
Expenditure
All expendilure is recogni5ed once there 15 a legal or constructive obligation to that expenditure, it is probable
settlemen( is requii'cd and the amount can b¢ measured reliably. All costs are allocated to the applic8ble
expendittiTe heading that aggregate similar costs lo Ihot Category. Whcre Costs cai)not b¢ directly attributed to
particulai- lieadings they have been allocated on a basi5 consi51ent with the use of resources. with central staff
Costs allocated on tl)c basis of time spcnL and deprecialion charges allocated on the portion of tlic as5el's use.
Other support costs al'e allocated based on the spread of staff costs.
Raising fund5
These are costs incurred in atlracling voluntary income, the management of inve5tmeftts and those incuiTed in
trddin8 aotivitie5 that raise lunds.
Charitable activitie5
Charilable expenditure comprises those costs InCu￿ed by the charity in th¢ delivery of its activities and services
for ils beneficiai'ics. li Includ￿ both costs that can be allocated directly to such aclivilies and thosc costs of an
indirect nature necessary to support them.
Taxatlon
The charity 15 considered lo pa5S the tests sei out in Paragraph I Schedule 6 of the Financc Act 2010 Iherefore it
mccls thc definition of a charitable company for UK corporation tax purpose5. A¢cordingly the charity is
potcnlially exempt from taxation in respect of income or capital gain5 received within catC801ies covered by
Chapter 3 Part I l of the Corpordtion Tax A¢1 2010 or Section 256 of thc Taxalion of Chargeable Gains Act
1992. to the extent that such income or gain5 are applied exclusively to charitable PUTP05es.
Page 7
continued...

BallygowAn Community Pre-sehool &
Playgroup
Notes to the Finallcial Statements- eolltinued
for the year ended JI Mxy 2024
ACCOUNTING POLICIES- coutinued
Trnde debtors
Unrestrxcted income funds ¢an be used in accordanc¢ with th¢ ¢hari(ablc objectives at the dis¢i'elion of the
trustees.
Pension costs and other p05t-retirement benefits
The charity operates a defined contribuiion pension scheme. Contributions payable lo the charity's pension
scheTne are charged to the Stetement of Financial Activiti¢s in the period to which they rel&le.
Governance costs
These include the ¢05ts attributable to the charity's coinpliance with constitutional and slatutory requirements.
including audit. str&tcgic managemcnt and iru5tees meeling5 and Teimbui'sed expenses.
OTHER TRADING AcfiviTIES
2024
2023
Fees & Fundrdising events
18.207
17,326
TRUSTEESI REMUNERATION AND BENEFITS
There were no Iruslees, remuneration or other benefits for the year ended 31 May 2024 nor for the year ended
31 May 2023.
Trustee5' expenses
Trustres wcre reimbuTsed £298 for playgroup Costs whith they had incurred on behalf of the playgroup.
STAFF COSTS
The averag¢ monthly number of employees during the year was as follows-
2024
2023
Management and ¢hildcare
No ¢mployees re¢eiv¢d emoluments in exeess of £60,000.
COMPARA TIVES FOR THE STATEMENT OF FINANCIAL AcfivSTIES
Unrestricted
funds
INCOME AND ENDOWMENTS FROM
Donations and legaeies
50,595
Other trading activities
17,326
Total
67.921
EXPENDITURE ON
Raisin8 funds
10,833
Page 8
rontinued...

BAllyEowaD Community Pre-school &
Playgroup
Notes to the FIDAneial Statement5 - Continued
for the year ended 3l May 2024
COMPARA TIVES FOR THE STATEMEwf OF FINANCIAL ACTIVITI￿ - continued
Unrestricted
funds
Chxritable aetivitits
Staff Costs
Admini5trdtivc costs
58.598
Total
77.798
NET INCOMEI(EXPENDITURE)
(9,877)
RECONCILIATION OF FUNDS
Totsl funds broughi forward
73,430
TOTAL FUNDS CARRIED FORWARD
63,553
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other debiors
6,760
CASH AT BANK AND IN HAND
2024
Total
nds
2023
Toial
funds
Gcner81
fund
Dcsignated
Fund
Cash in hand
B2nk account no. I
Bank account no. 2
56
39,772
20
56
57,272
20
24
55,895
2.201
17,500
Total
39.848
17.500
57.348
Page 9
continued...

Ballygowall Community Pre-school &
Playgroup
Notes to the FinAnci81 Statements - tontinued
for the year ended 31 May 2024
CREDITORS,. AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Soci&1 secuTlty and othw taxes
OiheT ¢reditors
Accruals and deferred incotn¢
1,182
480
427
900
2.878
MOVEMENT IN FUNDS
Nei
movement
in funds
At
3115124
At 116123
UDrestTiCted funds
General fund
Designated Fund
46,053
17,500
(8,099)
37,954
63,553
8.099
55,454
TOTAL FUNDS
63.553
8.099
5S.454
Net movement in funds. included in the abov¢ are as follows..
Incoming
resources
Resourc¢s
exp¢nded
Movement
in funds
Unrestricted funds
General fund
80,696
(88,795)
(8,099)
TOTAL FUNDS
80,696
88,795
comparativ￿ for movernent in funds
Nel
movement
in funds
At
3115123
At 116122
Unrestricted funds
General fund
D¢5ignated Fund
55.930
(9.877)
46.053
63,553
TOTAL FUNDS
73.430
9.877)
63,553
Page 10
continued...

BallygowaD Community Pre-school &
Playgrollp
Note5 to the FiDaDclal St8temeDts- eontinlled
for the year ended 31 May 2024
MOVEMENT IN FUNDS- continued
CompaTativ¢ net movement in funds, included in the above are as follows..
Incoming
resources
Resouites
expended
Movement
in fullds
Unrestricted fuDds
General fund
67.921
(77,798}
(9,877)
TOTAL FUNDS
67.921
77.798)
9,877
A current year 12 month5 and prior year 12 months combined posilion is 8s follows-
Net
movement
in funds
At
3115r24
At 116r22
UnrestTlCted funds
Generdl fund
D¢signated Fund
55.930
17.500
{17,976)
37.954
73.430
17976
55,454
TOTAL FUNDS
73.430
(17,976)
55.454
A current year 12 months and prior year 12 months combined movement in funds. iticlud¢d in the above are
s follows..
Incoming
resources
Resources
expended
Movement
in fundq
Unrestricted fund5
General fund
148.617
(166,593)
(17.976)
TOTAL FUNDS
148,617
(166.5931
17.976)
Pag¢ 11
continued...

Ballyeowan Community Pre-school &
Playgroup
Notes to the Financial Statements - tontinued
for the year ended 31 MAY 2024
io.
RELATED PARTY DISCLOSURES
Tliere were no r¢laled party ti'ansaclions for the year ended 31 Imay 2024.
Page 12