|||Page||
|---|---|---|---|
|ReferenceandAdministrativeDetails||1||
|ReportoftheTrustees|2|to|8|
|StatementofTrustees'Responsibilities||9||
|ReportoftheIndependentAuditors|10|to|13|
|StatementofFinancialActivities||14||
|BalanceSheet|IM.|G|Cei|
|CashFlowStatement||17||
|NotestotheFinancialStatements|18|to|31|
|DetailedStatementofFinancialActivities|32|to|33|





## 

|TRUSTEES|GarretO'Fachtna-TradeUnionCoordinator(resigned|
|---|---|
||1/6/2025)|
||JennyHolland-CompanyDirector(resigned30/1/2025)|
||MichaelDenny-CommercialManager(resigned30/9/2024)|
||DominiqueMegarry-Manager|
||AoifeCunningham-Youthworker(resigned7/12/2025)|
||AndrewCharlesGray-Director(appointed1/4/2025)|
||TrevorWillis-Director(appointed1/4/2025)(resigned|
||22/6/2026)|
||LaurenSimpson-VeterinarySurgeon|
||ShirleyPalmer-Director(appointed1/6/2025)|
||AmeliaWhite-Director(appointed1/5/2025)(resigned|
||22/6/2026)|
|REGISTEREDOFFICE|34CroftRoad|
||Holywood|
||Co.Down|
||BT180PR|
|REGISTEREDCOMPANY|NI012003(NorthernIreland)|
|NUMBER||
|REGISTEREDCHARITY|103712|
|NUMBER||
|AUDITORS|M.B.McGrady&Co|
||CharteredAccountants|
||StatutoryAuditors|
||Suite213|
||CadoganHouse|
||322LisburnRoad|
||Belfast|
||Co.Antrim|
||BT96GH|
|BANKERS|BankofIreland|
||1DonegallSquareSouth|
||Belfast|
||BT15LR|





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|||||31/8/25|31/8/24|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|£|£|£|£|
|INCOMEANDENDOWMENTSFROM||||||
|Donationsandlegacies|2|6,568|9,240|15,808|21,420|
|Charitableactivities|5|||||
|CharitableActivities||622,944|50,666|673,610|669,600|
|Othertradingactivities|3|46,356|-|46,356|46,897|
|Investmentincome|4|697|-|697|754|
|Total||676,565|59,906|736,471|738,671|
|EXPENDITUREON||||||
|Charitableactivities|6|||||
|CharitableActivities||641,748|59,906|701,654|732,813|
|SupportCosts||6,584|-|6,584|753|
|Governancecosts||7,943||||
|Total|||59,906|716,181||
|NETINCOME/(EXPENDITURE)||20,290||20,290|(6,851)|
|RECONCILIATIONOFFUNDS||||||
|Totalfundsbroughtforward||101,145|251,989|353,134|359,985|
|TOTALFUNDSCARRIEDFORWARD||121,435||373,424||





## 

|||31/8/25|31/8/24|
|---|---|---|---|
||Notes|||
|FIXEDASSETS||||
|Tangibleassets|14|457,713|478,796|
|Investments|15|2,288|2,335|
|||460,001|481,131|
|CURRENTASSETS||||
|Debtors|16|29,277|18,137|
|Cashatbank||164,996|136,592|
|||194,273|154,729|
|CREDITORS||||
|Amountsfallingduewithinoneyear|17|(174,287)|(158,819)|
|NETCURRENTASSETS||19,986|(4,090)|
|TOTALASSETSLESSCURRENT||||
|LIABILITIES||479,987|477,041|
|CREDITORS||||
|Amountsfallingdueaftermorethanoneyear|18|(40,000)|(50,000)|
|PENSIONLIABILITY|22|(66,563)|(73,907)|
|NETASSETS||373,424|353,134|
|FUNDS|21|||
|Unrestrictedfunds:||||
|Generalfund||187,998|175,052|
|Designatedfunds||(66,563)|(73,907)|
|||121,435|101,145|
|Restrictedfunds||251,989|251,989|
|TOTALFUNDS||373,424|353,134|





## 

## 

|||31/8/25|31/8/24|
|---|---|---|---|
||Notes|£|£|
|Cashflowsfromoperatingactivities||||
|Cashgeneratedfi•omoperations|24|41,872|30,407|
|Netcashprovidedbyoperatingactivities||41,872|30,407|
|Cashflowsfrominvestingactivities||||
|Purchaseoftangiblefixedassets||-|(41,076)|
|Interestreceived||697|754|
|Netcashprovidedby/(usedin)investingactivities||697|(40,322)|
|Cashflowsfromfinancingactivities||||
|Loanrepaymentsinyear||(14,165)|-|
|Netcash(usedin)/providedbyfinancingactivities||(14,165)|-|
|Changeincashandcashequivalentsin||||
|thereportingperiod||28,404|(9,915)|
|Cashandcashequivalentsatthe||||
|beginningofthereportingperiod||136,592|146,507|
|Cashandcashequivalentsattheendof||||
|thereportingperiod||164,996|136,592|





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|2.|DONATIONSANDLEGACIES|DONATIONSANDLEGACIES|||
|---|---|---|---|---|
||||31/8/25|31/8/24|
||DonationsandGifts||15,808|21,420|
|3.|OTHERTRADINGACTIVITIES||||
||||31/8/25|31/8/24|
||PlaygroupIncome||30,669|35,950|
||GuestStudent||6,353|384|
||Afterschoolclubincome||3,000|5,404|
||RoomHireIncome||2,353|2,120|
||GCSEFees||3,981|3,039|
||||46,356|46,897|
|4.|INVESTMENTINCOME||||
||||31/8/25|31/8/24|
||InterestReceivable||697|754|
|5.|INCOMEFROMCHARITABLEACTIVITIES||||
||||31/8/25|31/8/24|
|||Activity|£|£|
||ParentalContributions|CharitableActivities|622,554|633,675|
||Grants|CharitableActivities|50,666|35,846|
||OtherIncome|CharitableActivities|390|79|
||||673,610|669,600|
||Grantsreceived,includedintheabove,areasfollows:||||
||||31/8/25|31/8/24|
||DepartmentofEducation||50,666|20,846|





## 

## 

|CHARITABLEACTIVITIESCOSTS||||
|---|---|---|---|
||Direct|Support||
||Costs(see|costs(see||
||note7)|note8)|Totals|
|CharitableActivities|596,758|104,896|701,654|
|SupportCosts||6,584|6,584|
|Governancecosts||7,943|7,943|
||596,758|119,423|716,181|
|DIRECTCOSTSOFCHARITABLEACTIVITIES||||
|||31/8/25|31/8/24|
|Staffcosts||546,790|560,592|
|EquipmentRental||1,959|4,284|
|EducationSupplies||11,107|12,389|
|SteinerSchoolFellowship||8,393|4,897|
|ExaminationExpenses||4,681|4,420|
|StaffTravelandTraining||1,459|1,468|
|IncreaseinBadDebtProvision||656|6,794|
|Subscriptions||631||
|Depreciation||21,082|25,411|
|||596,758|620,255|



## 

## 

|SUPPORTCOSTS|||||
|---|---|---|---|---|
||||Governance||
||Management|Finance|costs|Totals|
|CharitableActivities|104,896|-|-|104,896|
|SupportCosts|-|439|6,145|6,584|
|Governancecosts|-|-|7,943|7,943|
||104,896|439|14,088|119,423|





## 

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## 

|Netincome/(expenditure)isstatedaftercharging/(crediting):|||
|---|---|---|
||31/8/25|31/8/24|
|Depreciation-ownedassets|21,083|25,412|
|AUDITORS'REMUNERATION|||
||31/8/25|31/8/24|
|Feespayabletothecharity'sauditorsfortheauditofthecharity'sfinancial|||
|statements|5,035|5,035|



## 

## 

## 

|STAFFCOSTS|||
|---|---|---|
||31/8/25|31/8/24|
|Wages andsalaries|496,016|509,235|
|Socialsecuritycosts|36,003|36,339|
|Otherpensioncosts|14,771|15,018|
||546,790|560,592|



|Theaveragemonthlynumberofemployeesduringt|heyearwasasfollows:||
|---|---|---|
||31/8/25|31/8/24|
|Teachingstaff|19|21|
|Non-teachingstaff|8|6|
||27|27|





## 

## 

|13.|COMPARATIVESFORTHESTATEMENTOFFINANCIALACTIVITIES|COMPARATIVESFORTHESTATEMENTOFFINANCIALACTIVITIES|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
||INCOMEANDENDOWMENTSFROM||||
||Donationsandlegacies|21,420|-|21,420|
||Charitableactivities||||
||CharitableActivities|654,600|15,000|669,600|
||Othertradingactivities|46,897|-|46,897|
||Investmentincome|754|-|754|
||Total|723,671|15,000|738,671|
||EXPENDITUREON||||
||Charitableactivities||||
||CharitableActivities|732,813|-|732,813|
||SupportCosts|753|-|753|
||Governancecosts|11,956|-|11,956|
||Total|745,522|-|745,522|
||NETINCOME/(EXPENDITURE)|(21,851)|15,000|(6,851)|
||Transfersbeihveenfunds|15,000|(15,000)|-|
||Netmovementinfunds|(6,851)|-|(6,851)|
||RECONCILIATIONOFFUNDS||||
||Totalfundsbroughtforward|107,996|251,989|359,985|
||TOTALFUNDSCARRIEDFORWARD|101,145|251,989|353,134|





## 

## 

|TANGIBLEFIXEDASSETS||||
|---|---|---|---|
|||Improvements||
||Freehold|to|Pantand|
||property|property|machinery|
|COST||||
|At1September2024and31August2025|722,412|58,792|7,800|
|DEPRECIATION||||
|At1September2024|340,988|2,084|780|
|Chargeforyear|14,449|1,176|780|
|At31August2025|355,437|3,260|1,560|
|NETBOOKVALUE||||
|At31August2025|366,975|55,532|6,240|
|At31August2024|381,424|56,708|7,020|
||Fixtures|||
||and|Computer||
||fittings|equipment|Totals|
|COST||||
|AtISeptember2024and31August2025|100,431|13,805|903,240|
|DEPRECIATION||||
|At1September2024|72,499|8,093|424,444|
|Chargeforyear|2,793|1,885|21,083|
|At31August2025|75,292|9,978|445,527|
|NETBOOKVALUE||||
|At31August2025|25,139|3,827|457,713|
|At31August2024|27,932|5,712|478,796|





## 

## 

|FIXEDASSETINVESTMENTS|||
|---|---|---|
|||Unlisted|
|||investments|
|MARKETVALUE|||
|At1September2024||2,335|
|Movementinyear||(47)|
|At31August2025||2,288|
|NETBOOKVALUE|||
|At31August2025||2,288|
|At31August2024||2,335|
|TherewerenoinvestmentassetsoutsidetheLTK.|||
|DEBTORS:AMOUNTSFALLINGDUEWITHINONEYEAR|||
||31/8/25|31/8/24|
|Tradedebtors|23,354|15,021|
|Otherdebtors|-|6,388|
|ProvisionforDoubtfulDebts|(3,599)|(7,094)|
|PrepaymentsandAccruedIncome|9,522|3,822|
||29,277|18,137|
|CREDITORS:AMOUNTSFALLINGDUEWITHINONEYEAR|||
||31/8/25|31/8/24|
|Otherloans(seenote19)|10,000|14,165|
|Tradecreditors|8,136|21,032|
|Socialsecurityandothertaxes|7,506|7,260|
|VAT|17,565|-|
|Othercreditors|117,787|104,416|
|Accrualsanddeferredincome|13,293|11,946|
||17dIR7|1r1 21|



## 

## 



## 

## 

||||31/8/25|31/8/24|
|---|---|---|---|---|
|Amountsfallingduewithinoneyearondemand:|||||
|Otherloans|||10,000|14,165|
|Amountsfallingbetweenoneandtwoyears:|||||
|Otherloans-1-2years|||||
|ANALYSISOFNETASSETSBETWEENFUNDS|||||
||||31/8/25|31/8/24|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
|Fixedassets|205,724|251,989|457,713|478,796|
|Investments|2,288|-|2,288|2,335|
|Currentassets|194,273|-|194,273|154,729|
|Currentliabilities|(174,287)|-|(174,287)|(158,819)|
|Longtermliabilities|(40,000)|-|(40,000)|(50,000)|
|Pensionliability|(66,563)|-|||
||||373,424|353,134|
|MOVEMENTINFUNDS|||||
|||Net|Transfers||
|||movement|between|At|
||At1/9/24|infunds|funds|31/8/25|
|Unrestrictedfunds|||||
|Generalfund|175,052|20,290|(7,344)|187,998|
|Designatedfiends|(73,907)|-|7,344|(66,563)|
||101,145|20,290|-|121,435|
|Restrictedfunds|||||
|Restrictedfund|251,989|-|-|251,989|
|TOTALFUNDS|353,134|20,290|-|373,424|



## 

## 



## 

## 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|infunds|
|Unrestrictedfunds||||
|Generalfund|676,565|(656,275)|20,290|
|Restrictedfunds||||
|DepartmentofEducation|50,666|(50,666)|-|
|PFADonations|9,240|(9,240)|-|
||59,906|(59,906)|-|
|TOTALFUNDS|736,471|(716,181)|20,290|



|||Net|Transfers||
|---|---|---|---|---|
|||movement|between|At|
||At1/9/23|infunds|funds|31/8/24|
|Unrestrictedfunds|||||
|Generalfund|198,406|(38,354)|15,000|175,052|
|Designatedfunds|(90,410)|16,503|-|(73,907)|
||107,996|(21,851)|15,000|101,145|
|Restrictedfunds|||||
|Restrictedfund|251,989|15,000|(15,000)|251,989|
|TOTALFUNDS|359,985|(6,851)|-|353,134|



||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|infunds|
|Unrestrictedfunds||||
|Generalfund|723,671|(762,025)|(38,354)|
|Designatedfunds|-|16,503|16,503|
||723,671|(745,522)|(21,851)|
|Restrictedfunds||||
|Restrictedfund|15,000|-|15,000|
|TOTALFUNDS|738,671|(745,522)|(6,851)|





## 

## 

|||Net|Transfers||
|---|---|---|---|---|
|||movement|between|At|
||At1/9/23|infunds|funds|31/8/25|
|Unrestrictedfunds|||||
|Generalfund|198,406|(18,064)|7,656|187,998|
|Designatedfunds|(90,410)|16,503|7,344|(66,563)|
||107,996|(1,561)|15,000|121,435|
|Restrictedfunds|||||
|Restrictedfund|251,989|15,000|(15,000)|251,989|
|TOTALFUNDS|359,985|13,439|-|373,424|



||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|infunds|
|Unrestrictedfunds||||
|Generalfiend|1,400,236|(1,418,300)|(18,064)|
|Designatedfunds|-|16,503|16,503|
||1,400,236|(1,401,797)|(1,561)|
|Restrictedfunds||||
|Restrictedfund|15,000|-|15,000|
|DepartmentofEducation|50,666|(50,666)|-|
|PFADonations|9,240|(9,240)|-|
||74,906|(59,906)|15,000|
|TOTALFUNDS|1,475,142|(1,461,703)|13,439|





## 

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## 

|RECONCILIATIONOFNETINCOME/(EXPENDITURE)TONET <br>OPERATINGACTIVITIES|CASHFLOWFROM||
|---|---|---|
||31/8/25|31/8/24|
|Netincome/(expenditure)forthereportingperiod(asperthe|||
|StatementofFinancialActivities)|20,290|(6,851)|
|Adjustmentsfor:|||
|Depreciationcharges|21,082|25,411|
|Interestreceived|(697)|(754)|
|(Gain)/LossonInvestment|47|753|
|(Increase)/decreaseindebtors|(11,140)|20,611|
|Increase/(decrease)increditors|19,633|(511)|
|Differencebetweenpensionchargeandcashcontributions|(7,343)|(8,252)|
|Netcashprovidedbyoperations|41,872|30,407|



## 

||At1/9/24|Cashflow|At31/8/25|
|---|---|---|---|
|Netcash||||
|Cashatbank|136,592|28,404|164,996|
||136,592|28,404|164,996|
|Debt||||
|Debtsfallingduewithintyear|(14,165)|4,165|(10,000)|
|Debtsfallingdueaftertyear|(50,000)|10,000|(40,000)|
||(64,165)|14,165|(50,000)|





## 

||31/8/25|31/8/24|
|---|---|---|
|INCOMEANDENDOWMENTS|||
|Donationsandlegacies|||
|DonationsandGifts|15,808|21,420|
|Othertradingactivities|||
|PlaygroupIncome|30,669|35,950|
|GuestStudent|6,353|384|
|Afterschoolclubincome|3,000|5,404|
|RoomHireIncome|2,353|2,120|
|GCSEFees|3,981|3,039|
||46,356|46,897|
|Investmentincome|||
|InterestReceivable|697|754|
|Charitableactivities|||
|ParentalContributions|622,554|633,675|
|Grants|50,666|35,846|
|OtherIncome|390|79|
||673,610|669,600|
|Totalincomingresources|736,471|738,671|
|EXPENDITURE|||
|Charitableactivities|||
|StaffCosts|496,016|509,235|
|Socialsecurity|36,003|36,339|
|Pensions|14,771|15,018|
|EquipmentRental|1,959|4,284|
|EducationSupplies|11,107|12,389|
|SteinerSchoolFellowship|8,393|4,897|
|ExaminationExpenses|4,681|4,420|
|StaffTravelandTraining|1,459|1,468|
|IncreaseinBadDebtProvision|656|6,794|
|Subscriptions|631|-|
|DepreciationandImpairments|21,082|25,411|
||596,758|620,255|





## 

||31/8/25|31/8/24|
|---|---|---|
|Supportcosts|||
|Management|||
|Ratesandwater|842|783|
|Insurance|23,413|20,980|
|Lightandheat|22,918|30,924|
|TelephoneandInternet|3,487|4,085|
|OtherOfficeCosts|5,610|7,309|
|Advertising|3,879|2,231|
|ComputerandWebsiteCosts|6,392|4,027|
|Repairs&maintenance|29,513|20,195|
|Sundryexpenses|4,972|4,403|
|Staffrecruitment|3,870|8,724|
||104,896|103,661|
|Finance|||
|Bankcharges|393|1,862|
|Movementoninvestments|46|753|
||439|2,615|
|Governancecosts|||
|Auditors'remuneration|5,035|5,035|
|Accountancyfees|6,145|2,000|
|Legalfees|2,908|11,956|
||14.098|1R_991|
|Totalresourcesexpended|716,181|745,522|
|Netincome/(expenditure)|20,290|(6,851)|