Discovering Kids Playgroup REPORT AND FINANCIAL STATEMENTS for the year ended 31 August 2022 Charities Number: NIC104738
Discovering Kids Playgroup FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 Contents Pages References and administrative details of the Charity Trustees, Annual Report Independent Examiners Report to the Trustees Stateinent of Financial Activities Balance Sheet Notes to the Financial Statements 9-13
Discovering Kids Playgroup - Trustee's Annual Report for the year ended 31 August 2022 Tlic Trustees PLesent their Aiinual Report and Fiiiancial Statements for Discovering Kids Playgi'oup for the y¢ai' elided 31, Aiigiist 2022. References and Administi"ative Details Charity me: Discovering Kids Playgroup Charity Registration Number: NIC104738 Prineipal Addre$.q/Registered Offiee: 100 Loiip Road Moiie)'iiioi"e Magliei'afelt BT45 7ST Trustees The trustees Nvho serwed during tlie N.-eai' al-e as follows: Chairperson: Secretary: Treasurei": Karen Brown Siiicad Nlufvlahoii Micliael O"Boyle Committee Members lartiii Kell!, Clakre Mcvev Objectii'es & Activities We promote, siistain and increase individual and collective knowledge of approx. 40 3-4 year olds every year (Septeiiiber - Julie), We offeL' tw'o- and tkn"ee-qiiartei' hours of pi'e-school eduvation, five da>'s a week to children of fnI1]eS in the suEI-oiinding area i-egardleii of disability, natioiiality, etlinic identitv, political or i-eligioLlS opinioii. We deliver quality, pi'e-scliool education thi-oiigh iiiipleiiienting the NI pre-school curi'iculum and are inspeknted by ETI and NHSCT annually lielping us to maintain higli standards in all areas of childcare. Compliance with Public Benefit Tlie Charity has gii'en careful coiisideration to the Charity Coinmission for Northern Ireland's giiidaiice on public beii¢tit to eiisiire that the akntivities ¢iit¢red into during the year have helped to aGhi¢ve the Charity's objeLtiv¢s and activitlcs, as well as providing public benefit. Financial Review The stateinent of Fuiancial Activities is listed on paoe 7.
Charitable Purposes The Gi-oiip is established to proinote play based leai-jiiiig eiivironentS for all children under stattitory school ag¢, {hei-eiiiafter i'eferred to as tbe beiieficiaries) of the Maglierafeltlsperriiis and its surrounding envii-ons ii) CoLinty Loiidoiideiiy (hereiiiafter called tlie 'area of b¢iiefit') withoiit distillctioii of age, geiidei., Inarital statiis, disabilitv, sexiial 01-ieiitatioii, natioiiality, etlinic ideiitity, political oi. i-eligious opiiiion, by associating the statiitorv aLlthorities: cominunity and voluiitarv oi'ganisations aiid tlie inliabitants in a Commoii effort to adv2nce ediicatioii and in particiilar.. a) to advance the ¢duatIon of the beneficiai-ies b} tlie provision of safe aiid satisfying g>roup pla},: witli the right of pai-eiit&'bareers to take respoiisibility foi- and to becoine involwed in the aitivities of the gi-oiip aiid to promote the preservatioii of healtli of the beneficisjrieb aiid b) to siippoit the value) and pi'inciples of Early Years. Achievements & Performance Tlie finaiiciallschool year of 1st Sept 2021 to 3 1st August ?02? opei'ated ivith one Enorning Preschool se,ssion. A total of ?6 Prescliool Childi'eii atteiided tl)e Playgroup in tlie year, assibted by 5 staff. During which time DKP was able to orf¢r 2 Pre-Pre sesSiOllS in the afternoon. The playgi-oiip I'eopeiied in Septeiiiber 2021 following the enfor¥¢d governinent lockdowns and associated Covid-19 closiirei of whicli Clllltinued to affect att¢iidanies of staff aiid childreii. It IaS a very challenging time that the staff, the childrcn, their p"e1]tS and committee had to navigate. Eai'lv years, along with Priinary aiid Secondary school childreii rettirned in Septembei 2021 for a new scliool year. The PL'evious gilidaii¢ isqued that t"OCUsed oil social distEuicing etc. was adliei'ed to uiitil siich tiInes that the government eased this guidance. Tlie coininittee al'e exti'eiiiely gi'ateful of tlie efforts by the stat-t aiid pai-ents to adhere to the health & safety guidaiice and maxiiiiise the fight against Covid-19. The coiiimittee are treiiiendousky proud of tlie staff w'ho w'oi-ked evely day to ensure the childi-eii reieived their early years education despite all the coiicei'iis around Covid-19. Fuiidi'aising activities tliat noi iiially take plakne each year were gi'eatly iiiipaknxed by tlie Covid-19 pandemic. The cIlSliaS Caleiidar did iiianage to take place proving to be a "eat fiindraiser as well as a 'eat keep sake for parents and tlie childi-eii. Tlie staff also had a pyjaiiia day for the children wliich w-as a gi-eat SUtyL¢SS. The childI'en absolutely loNed it and it w.'as a faiitastic fiindraiser. Sel'eral graiits wei-e made available diie to tlie pandeIiiic. Thes¢ grants were a (Treat help and Iiclpcd to offset the loss i]i fiindraising. They also wei'¢ to help cover the additioiial ¢i!sts incurrcd due to the exti'a cleaning aiid the PPE required diie to Covid-19. We also i-e¥eived various 'alit$ siich as Engage I fiindllig aiid a siistainability graiit for inaiiitenance. Well done and many thanks to all the staff and parents for ensui'ing a successful 2020 2021 school year thj'oiigli an extreiiiely challenginu tILlie. Structure, Governanee and Management Dis¥OV¢I-ing Kkds Playg'oiip is a Registered Charitv and is governed by the teniis of its constitution, Ivhich li.as adopted by the ineinbersliip on 2nd April 1008. Discovering Kids Playoroup is i-egistered ivith tlie Cliarity Cominission and is plaued oli the Nortbern Ireland register of cliaritics fj-om 23rd Marknh 2016.
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Independent examiner's report to the charity trustees of Discovering Kids Playgroup I report on the accounts of the Trust for the year ended 31 August 2022, which are set out on pages 7 to 8. Respective responsibilities of charity trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requireInents of the Charities Act 2008. Having sat15fied myself that the charity is not subject to audit, and is eligible for independent examination, it is my responsibility to: Examine the accounts under section 65 of the Chartties Act (Northern Ireland) 2008" Follow the procedures laid down in the general directions given by the Commission under section 65 (9) (b) of the Charities Act; and, State whether particulat matters have come to my attention. Basis of independent examiner's report I have examined yout charity accounts as Tequired under Section 65 of the Charities Act and my examination was carried out in accordance with the general dii'ections given by the Charity Coinmission for Northern Ireland under section 65 (9) (b) of the Charities Act. The examination included & review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking eXPl]atiOnS from you as charity trustees concerning any such matters. My rol¢ is to state whether any material matters have come to my attention giving me cause to believe: l. That accounting Tecords were not kept in accordance with section 65 of the Charities Act. 2. That the accounts do not accord with those accounting records. 3. That the accounts do not comply with the accounting requireinents of the Charities Act and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities pieparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland. and, 4. That there is furtber IornIat10n needed for a proper understanding of the accounts to be reached. Independent examiDer's statement I have completed my examination and have no concerns in respect of the matters (l) to (4) listed above and, in connection witli the following the Directions of the Charity Commission for Northern Ireland, I ljave found no matters that requlle (trawing to your attcntion. Signed: Name: Seamus O?Neill FCA Weir & Co. Chartered Accountants, 23 High Street, Moneymor& BT45 7PA. Date: 22 Novernber 2022
Discovering Kids Playgroup FINANCIAL STATEMENTS FOR THE YEAR EM)ED 31 AUGUST 2022 STATEMENT OF FINANCIAL ACTIVITIES Note Unrestricted Restricted Funds Funds Total 2022 Total 2021 Income Income from charitable activities GrltS aiid donations Total income 8,745 60,984 69,729 8,745 62,640 71J85 5,092 66,365 71,457 1,656 1,656 enditure Expeiiditure on charitsble activities Total expenditure 77.796 77.796 1,656 1,656 79,452 79,452 68.365 68.365 Net ineome/(expenditure) and net movement in funds for the year (8,067) (8,067) 3,092 Reconeiliation of funds Total funds brought forward Total funds carried fonvard 35,998 27,931 35,998 27,931 32,906 35.998 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
Discovering Kids Playgroup FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 BALANCE SHEET Note 2022 2021 Fixed Assets Tangible Asststs Total Fixed Assets 14,814 14,814 18,280 18,280 Current assets Cash at bank and in hand Debtors Total Current Assets. 14,085 124 14,209 22,537 64 22,601 Liabilities Creditors: Amounts fallnig due within one year 1,092 4,883 Net Assets 27,931 35,998 The funds of the charity: Unrestricted income funds Restricted income funds 27,931 35.998 27,931 35,998 The notes form part of these accounts. The fjnancial statements were approved by the trustees on 22 November 2022 and signed on thelr behalf by: Karen Brown Chair Michael O'Boyle Treasurer
Discovering Kxds Playgroup Notes to the Financial Statements for the year ended 31 August 2022 Accounting Policies The principal accounting policies adopted in the preparation of the financial statements are as follows: (a) Basis of preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015) - (Charities SORP (FRS 102)). In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 that no restateinent of comparative items was required. (b) Income Grants that relate to specific capital expenditure are treated as restricted income which is credited to the Statement of Financial Activities when receiv¢(Vreceivable. Revenue grants are credited to the Statement of Financial Activities in accordance with the temis of the grant. Donations are included in the Statement of Fknancial Activities when receivable. (c) Resources expended Support costs in furtherance of the objectives of the charity This r¢presents all expenditure directly attributable to charitable causes. Management and Administration This includes all expenditure not directly allocated above. Overhead costs have been attributed to the management and administration of the charity. (d) Fixed Assets Depreciation is calculated so as to write off the cost of an asset over the useful eGonomic life of that asset as follows: Equipment _ 50/u per annum (e) Funds Structure
The playgroups have various types of funds for which it is responsible and which require separate disclosure. These are as follows: Restricted funds Income receivable is eannarked by the donor for specific purposes. Such purposes are within the overall aims of the organisation. Unrestricted funds Funds which are expendable at the discretion of the company in furtherance of the objectives of the charity. In addition, funds may be held in order to finance capital investment and working capital. (f) Pensions Existing employees of the charity are auto enrolled in the NEST pension scheme unless they have exercised their rRght to opt out. The employer's contributions made to the scheine in 2022 was £700 (2021: £557) with an employer's contribution rate of 3 % and an employee's contribution of 5 /0 of pensionable pay. INCOME Unrestricted Funds Restricted Funds Total 2022 Total 2021 Income from charitable activities: Playgroup fees Other income Milk monies Fundraising Total income from charitable activities 6,530 176 199 1,840 6,530 176 199 1,840 2,905 265 135 1,787 8,745 8,745 5,092 Grants & Donations: EA Grant Graiit- sustainability grant Grant- restart GraTht- get ready to learn ICT gratkt Grant- child¢are recovery support Doiiation Totydl grants & donations Total income 57,454 3,030 1,456 58,910 3.030 49,426 7,837 299 1,500 7.303 200 200 500 60.984 69,729 500 62,640 71,385 1,656 1,656 66,365 71,457 10
EXPENDITURE Unrestricted Funds Restricted Funds Total 2022 Total 2021 Expenditure on Cbaritable Activities: Wages Employer Pension Contributions Play Materials & Coiisumables Early Years Advisor Food & Sundries Rent Repairs & Renewals Insurance Telephone Stationery & Advertising Heat & Light Donations Water Rates P¢st Control Computer equipni¢nt Cleaning Staff clothing Sundry Expenses Depreciation Accountancy Bank & Credit Card fees 53,216 700 2,909 1,462 3,021 520 2,987 I,ioo 834 151 1,915 100 527 125 528 685 272 432 3,464 2,538 310 1,456 54,672 700 3,109 1,462 3,021 520 2,987 I,ioo 834 151 1,915 loo 527 125 528 685 272 432 3,464 2,538 310 79,452 50,835 557 1,049 1,560 2,024 520 1,319 957 947 353 1,128 200 656 120 1,528 255 148 70 3,466 714 159 Total 77,796 1,656 68,365
ANALYSIS OF CHARITABLE FUNDS Analysis of movements in unrestricted funds Balance I Incoming September resourkn¢S 2021 Resources expended Funds 31 August 2022 General fund Total 35,998 35,998 69,729 69,729 (77,796) 77,796 27,931 27,931 Analysis of movements in restricted funds Balance I September 2021 Incoining Resources resources expendcd Funds 31 August 2022 Grant- Engage II Grant- get ready to learn Total 1,456 200 (1,456) (200) {1,656) 1,656 12
TANGIBLE FIXED ASSETS Freehold Fiitures Land & Fittings & Buildings Equipment Total Cost As at I September 2021 Additions As at 31 August 2022 40,529 28,758 69,287 40,529 28,758 69,287 Depreciation As at I September 2021 Charge for the year As at 31 August 2022 27,653 2,032 29.685 23,354 1,434 24,788 51,007 3,466 54.473 Net Book Value As at 31 August 2022 As at I September 2021 10,844 12,876 3,970 5,404 14,814 18,280 DEBTORS 2022 2021 Taxation and social security costs 124 124 64 64 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 Accountancy NEST Deferred income - Restart 1,092 714 37 4,132 4,883 1,092 13