Belmont Playcare Statement of Financial Activities For the year Ended 30 June 2023 Charity Registration No. NIC103458 Company Registration No. N1605718 (Northern Ireland) Belmont Playcare Company Limited by Guarantee Trustees, Report and Unaudited Accounts Year Ended 30 June 2023
Belmont Playcare Financial Statements Year Ended 30 June 2023 Contents Page Charity Reference and Administrative Details Trustees, Annual Report Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10-17
Belmont Playcare Charity Reference and Administrative Details Year Ended 30 June 2023 Charity regtstration number NIC1034i8 Company number N1605718 Trustees Carrie-Louise Thotpè (resigned 0711112022) Caroline Ball Gwyneth Compston Sandy Micik Gareth Mooney Gillian Currie Registered ofFJce 215 Belmont Road Belfast BT4 2AG Independent examiner Guardian Chartered Accountants 2 William Street Newtownards BT23 4AH Bankers Danske Bank 520 Upper Newtownards Road Belfast BT4 3HD
Belmont Playcare Trustees, Annual Report Year Ended 30 June 2023 The Trustees present their report and the financial ststements of the charty for the year ended 30 June 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORPI 'Accounting and Reporting by Charities. {FRS 102) in preparing the annual report and financial statements of tha charity. The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's goveming document, the Charities Act (Northern Ireland) 2008 and Accounting and Reporting by Charities: Statement of Recommended Practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). Structure. govemance and management The chanty is a company limited by guarantee and was incorporated on 12 January 2011. The trustees,, who are also directors for the purpose of company law, and who have selved during the year and Sin the year end were.. Carrie-Louise Thorpe Caroline Ball Gwyneth Compston Sandy Micik Gareth Mooney Gillian Currie (resigned 0711112022) The company actively promotes a board of trustees which includes a range of skill, experience and knowledge in keeping with the pursuan of its Objects and to this end it is entitled to advertise and inteNiew eligible candidates to be potential trustees of the board. None of the tnjstees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up. New trustees are invited and encouraged to attend a series of short training sessions to familiarise themselves with the charity and the context within which it operates. These sessions cover the obligations of trustees, the main documents which set out the operational framework for the charity, resourcing and the current financial position and future plans and objectives. New trustees are also referred to the Charity Commission's guide "The Essential Trustee.. The Trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks. Objectives and activities The charity's objects are to promote play based learning environments to enhan the development and education of pre-school and school-age children by: providing the neSSary facilities for safe and satisfying group play for pre-school children and for the daily care, recreation and education of children during out of school hours and holidays,. offering appropriate play facilities with the right of parentslcarers to take responsibility for all children- support the values and principles of Early Years- to advance any other exclusively charitable purpose as the trustees may, from to time, decmle in accordance with the law of charity. The aim of our charity is to provide G wonderfijl environment for children to leam and develop and to prepare for the future. It is also to ensure that parents are confident and happy that their child is in a warm, caring and safe environment. Our aims fully refl=ct the purposes that the charity was set up to frjrthei.
Belmont Playcare Trustees, Annual Report Year Ended 30 June 2023 The objectives for the year continued to be providing a warm, caring and safe environment in which children can leam and develop. The strategies we use to achreve our objectives include providing a full curriculum to the children, evaluating the activities provided, working to national standards and working in partnersb.ip with other agencies to ensure the best range of services are available and meet the needs of the children and their parents. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achievements and perforniance The charity has continued to enhance the development and education of children under statutory school age and school children in the P1- P3 age range. Financial review (including reserves pollcy) The accounts have been prepared for the year ended 30 June 2023. The trustees are satisfied with the results for the year as disclosed in the Statement of Financial Activities on page 8. Cash flow projections were prepared for the 12-month period from the dale of approval of the accounts. The trustees have a reasonable expectation that there are adequate resoLJrces to continue in operational existence for the foreseeable future. The trustees therefore continue to adopt the going conrn basis for the preparation of the financial statements. The trustees will continue to monitor the situation. It is the policy of the charity that unrestricted funds which have not been designated for a speGifiG use should be maintained at a level equivalent to between three and six months expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding. they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. Employee involvement The charity's policy Is to consult and discuss with employees, through unions, staff counci15 and at meetings matters likely to affect employees, interests. Information on matters of Conrn to employees is gwen through infomation bulletins and reports which seek to achieve a common awareness on the part of all employees of the financial and economic factors affecting the charity's perft)rmance. Disabled persons Applications for employment by disabled persons are afvrfays fully considered, beanng in mind the aptitudes of the applicant concerned. In the event of members of staff becoming disabled, every effort is made to ensure that their employment within the charity continues and that appropriate training is arranged. It is the policy of the charity that the training. career development and promotion of disabled persons should, as far as possible, be identical to that of the other employees. Compliance with Public Benefit The company has given careful cons deration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the activtties entered into during the year have helped to achieve the charity's objectives and activities, as well as providing public benefiL
Belmont Playcare Trustees, Annual Report Year Ended 30 June 2023 Trustees, responsibilities The trustees, who are also the directors of Belmont Playcare for the purposes of company law, are responsible for preparing the Trustees, Report and the accounts in accordan with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting PractiGel. Company law requires the trustees to prepare accounts for each financial year which give a true and fair view of the stste of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year. In preparing these accounts, the trustees are required to.. -select suitable accounting policies and then apply them consistently. -observe the methods and principles in the Charities SORP: -make judgements and estimates that are reasonable and prudenc -state whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the accounts" and -prep2re the accounts on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial posttion of the charity and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detects'on of fraud and other irregularities. On behalf of the board of trustees Gareth Mooney Date: 16 October 2023