Carebears Community Playgroup Trustees, report and financial statements for the year ended 31 August 2024 Charity Commission Registration Number: NIC103721 McFarland Arnold & Co Chartered Accountants
Carebears Community Playgroup Contents for the year ended 31 August 2024 Page Legal and administrative information Trustees, Report Independent Examiners, Report Income and Expenditure Account Statement of Financial Position Notes
Carebears Community Playgroup Legal and administrative information for the year ended 31 August 2024 Legal Status The playgroup is managed by a committee of parents. It is a registered charity with the Charity Commission for Northern Ireland since 19 October 2015 linder registration number NICI 03721. Trustees Mr Alisdair Moran (resigned 30 June 2024) Miss Chloe O'Brien (appointed I September 2023) Miss Courtney Dodds (appointed I Septeinber 2023) Ms Shaiiia Mccunnie (appointed I September 2024) Mrs Danielle McGuigan (appointed I Septeimber 2024) Business Address 17 Moyle Road Newtownstewart Co Tyrone BT78 4AP Independent ExamRners McFarland Arnold & Co Chartered Accountants 8 Main Street Newtownstewart Co Tyrone BT78 4AA Bankers Danske Bank P.0. Box 183 Donegall Square West Belfast BTI 6JS Page I
Carebears Community Playgroup Trustees, Report for the year ended 31 August 2024 The trustees present their report and the financial statements for the year ended 31 August 2024. Trustees Trustees for the purpose of charity law, who served duriT)g th¢ year and up to date of this report are set out on page l. Charitable objects Th¢ charity was ¢stablish¢d to advance and to promote the preservation and protection of healtli amongst children in the Newtownstewart area of Co Tyrone. This is done by the provision of play facilities and recreation activities IT) the interests of social welfare with the object of enhancing the education and development of the children without distinctions of sex, race, political, religion or other opinions. The charity benefits the public by providing a high standard of preschool education for children below the compulsory school age. Organisational strncture The trustees meet regularly, administer the charity and make all policy decisions. Review of activities and achievements During the academic year 2023124, 17 cliildren attended under Educatioii Authority Peg's funding. The charity applied for and received varioLlS Other grants for specific resources and projects. The triistees, staff and parents were very active in fundraising, raising a significant amount to help cover running costs. The trustees are pleased with feedback from parents, Early Years etc and are satisfied that child development is enhanced in line with their objectives. Voluntcers The charity is grateful for the unstinting efforts of its trustees and other volunteers who have continually supported their activities and management of the charity throughoLlt tlie year. Taxation Tlie playgroiip is accepted as a charity by HM Revenue & Customs and is therefore exempt from corporation tax. Statement of trustees, responsibilities The trustces are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and regulations. Charity law requires the trustees to prepar¢ financial statements for each financial year which give a true and fair view of the state of affairs of the charity at the year end and of its receipts aT)d payments during that year. In preparing those financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently- Inake judgements and estimates that are reasonable and prudent. state whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements; and Page 2
Carebears Community Playgroup Trustees, Report for the year ended 31 August 2024 prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with re&8onable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with section 65 of the Charities Act (Nl) 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report was approved by the trustees on 231 111025 and signed on its behalf by Signature: Name (in block capitals): Trustee Page 3
Carebears Community Playgroup Independent examiner's report to the trustees on the unaudited financial statements of Carebears Community Playgroup for the year ended 31 August 2024. We report on the financial statements of Carebears Community Playgroup for the year ended 31 August 2024 which comprise the income and expenditure account and balance sheet. Respective responsibilities of trustees and examincr As the charity's trust¢¢s you are responsible for the preparation of the financial statements in accordance with the requirements of section 63 of the Charities Act (Nl) 2008. Having satisfied ourselves that the charity is not subject to audit, and is eligible for independent examination, it is our responsibility to:_ examine thc financial statements under section 65 of the Charities Act (NI) 2008. follow the procedures laid down in the general directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act (Nl) 2008 state whether particular matters have come to our attention. Basis of independent examiner's report We have examined your charity financial statements as required under section 65 of the Charities Act (NI) 2008 and our examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act (Nl) 2008. The examination included a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also included consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as charity trustees concerning any such matters. Our rol¢ is to state whether any material matters have come to our attention giving us cause to believe.. l. That accounting records were not kept in accordance with section 63 of the Charities Act (NI) 2008. 2. That th¢ financial statements do not accord with those accounting records. 3. That the financial statements do not comply with the accounting requirements of section 63 of the Charities Act (Nl) 2008 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the FTnancial Reporting Standard applicable in the UK and Republic of Ireland. 4. That there is further information needed for a proper understanding of the financial statements to b¢ reached. Independent examiner's statement We have completed our examination and have no concerns in respect of the matters (l ) to (4) listed above and, in connection with following the directions of the Charity Commission for Northern Ireland, we have found no matters that require drawing to your attention. Chartered Accountants Dated: Mc Farland Arnold & Co Chartered Accountants 8 Main Street Newtownstewart Co Tyrone BT78 4AA Page 4
Carebe3rs Community Playgroup Income and Expenditure Account for the year ended 31 August 2024 Note 2024 2023 Income Peg's funding Pathway fund Other grants Fundraising activities Donations Milk refund Voluntary contribution for break Interest receivable 36,550 21,622 2,839 6,909 230 139 3,066 293 42,020 21,326 7,166 8,014 850 180 3,430 102 71,647 83,088 Expenditure Wages aiid pensions costs Independent Early Years Specialist Provisions Resources for activities Costs of fundraising activities Rent Insurance Repairs Cleaning Printing, postage and stationery Advertising Telephone Accountancy Bank charges General expenses 50,855 1,215 1,126 5,775 54 4,800 1,524 59,601 1,352 1,655 9,951 79 4,425 1,319 306 229 513 357 1,175 1,794 64 274 161 153 382 1,243 1,980 51 57 (69,376) (83,094) Net surylus/(deficit) for the year 2,271 (6) Page 5
Carebears Community Playgroup Statement of Financial Position as at 31 August 2024 Note 2024 2023 Current Assets Debtors Deposit account Current account Cash on hand 3,148 18,276 36,177 1,171 17,983 36,814 57,601 55,968 Creditors: amounts falling due within one year Creditors and accruals (2,833) (3,472) Net Current Assets 54,768 52,496 Total Assets Less Current Liabilities 54,768 52,496 Funded by: Accumulated surplus 54,768 52,496 The financial statements were approved by the management committee on 73 behalf by.. ?6110 25 and signed on its Signature: Name (in block capitals): Trustee Page 6
Carebears Community Playgroup Notes to the Financial Statements for the year ended 31 August 2024 Accounting Policies The financial statements have been prepared in accordance with applicable Accounting Standards. A summary of the more important accounting policies, which have been applied consistently, is set out below. 1.1. Accounting convention The financial statements are prepared under the historical cost convention. Incoming resources Income from donations and grants, including capital grants, is included in incoming resources when these are receivable, except as follows: When donors specify that donations and grants given to the Group Tnust be used in future accounting periods, the income is deferred until those periods. When donors impose conditions which have to be fulfilled before theGroup becomes entitled to use such income, the income is deferred and not included in incoming resources until the pre-conditions for use have been met. When donors specify that donatioiis and grants, including capital grants, are for a particular restricted purposes, which do not amount to pre-conditions regarding entitlement. this income is included in incoming resources when receiveable. The value of services provided by volunteers has not been included. 1.3. Interest receivable Interest is included when receivable by the Playgroup. Resources expended All expenditure is accounted for on an accruals basis. Accumulated surplus 2024 2023 At I September 2023 Net surplus for the year 52,496 2,272 52,502 (6) At 31 August 2024 54,768 52,496 Page 7
Carebears Community Playgroup Notes to the Financial Statements for the year ended 31 August 2024 Fundraising events Unrestricted funds 2024 2023 Halloween walk and activities Christmas draw Wreath raffle Easter draw Bingo Sports day Giaduationlend of year event 1,230 1,412 240 497 1,230 1,412 240 497 1,532 1,418 803 481 168 1,222 1,130 1,130 6,909 6,909 8,014 Page 8