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