Charity Registration Number: 105098 Mill Strand Children's Centre Report and Accounts for the Year End: 31 March 2023
Mill Strand Children's Centre Report and Accounts for the Year End: 31 March 2023 Contents Page Independent Examiner's Report Fund Statements:_ Receipts & Payments Account Statement of Assets & Liabilities Notes to the accounts
Mill Strand Chlldren's Centre Independent examiner's report for the year ended 31 March 2023 Independent examiner's report to the Trustees of Mill Strand Children's Centre I report on the financial statements of the Charity for the year ended 31 March 2023. Respective responsibiltties of Trustees and examiner As the Charity's Trustees you are responsible for the preparation of the financial Statements in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to.. examine the financial statements under section 65 of the Charities Act; follow the procedures laid down in the general Directions given by the Charitv Commission for Northern Ireland under section 6519llbl of the Act; and state whether particular matters have come to my attention. Basis of independent examiner's report I have examined your charity financial statements as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under Section 65(9llbl of the Charitie5 Act. My 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 includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as Charity Trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: Independent examiner'5 Statement I have completed by examination and have no matter has come to my attention, which gives me cause to believe.. 111 that accounting records were not kept in accordance with section 63 of the Charities Act; 12) that the financial statements do not accord with those accounting records. 13) that the financial statements do not comply with the accounting requirements of the Charities Act: 141 that there 15 further information needed for a proper understanding of the f inancial statement5 to be reached. OQ, Jonathan R Bethel FCA Miscampbell & Co 6 Annadale Avenue, Belfast, BT7 3JH Date.. 24 January 2024
Mlll Strand Chlldren'¥ Contra Statement of Recelpts & Payments forytar End.. 31 March 2023 Current Year Unrestricted Funds 2023 Current Year Restricted Fund5 1013 CUrt Year Total Fund5 2023 Prlof Y••r Total Funds Z022 RECEIPTS RECEIPTS Donations & Legafles Mi51 Strand Integrated School Ltd IEF Grant Milk and Mea15 Covid funding In from Charitzble Attlvlty Primirfy Ptsrpose & Ancilltrry Trading Children's Centre Extr3 curricular actiwties 2,522 102,132 8,333 102,132 8,333 88,160 2,668 110,465 110,465 93.350 PAYMENTS Salaries and w3ges Administration costs Pupil equipment 3nd materials Extra curricular activities Maintenance & repairs Accountancy fee5 Training cost5 Bank fees Subscriptions Sundry expenses Depreciation 75,137 17,860 2,526 4,617 684 420 298 53 75,137 17,860 2,526 4,617 56,288 16,326 2,355 740 420 298 53 1,400 1,347 685 811 53 426 324 1,347 104.342 IIM.342 78.008 Asset / Investment Purchases surplus I (Deflcltl for the Year 6,123 6.123 15,342 Pag& 2
Mill Strand Chlldren's Centre Statement of Assets & Liabilities- Year Ended: 31-Mar-23 FUNDS RECONCILIATION Current Year Unrestricted Funds 2023 Current Year Restricted Funds 2023 Current Year Total Funds 2023 Prfor Year Total Funds 2022 Total Funds brought forward Surplus l Deficit this Year.. Total Fund5 carried forward 10,595 6,123 16,718 10,595 6.123 16,718 4,747 15,342 10,595 Bank & Cash Balances Bank of Ireland Current Account 16,718 17,835 16,718 17,835 Other Assets {Unrestricted Fund) Llabilities (Unrestricted Fundl 7,240 TOTAL NET ASSETS / ILIABILITIESI 16,718 10,595 This report was approved by the Trustees on . and signed on their behalf bv- Mr Callum Hannigan Trustee Page 3
Mlll Strand Chlldren's Centre Notes to the Accounts for the year ended 31 March 2023 l Accounting policie5 Policies relotlftg to the produrtion oAthe account5. Basls of preparation and accounting convention The Accounts have been prepared on the receipts and payments basi5, and under the historical cost convention in accordance with The Charities IAccounts and Reports) Regulations INorthern Ireland) 2015 which are applicable to the financial years of registered charities beginning on or after l January 2016 or their date of registration with The Charity Commission for Northern Ireland. Golng Concern The charitable activities are entirely dependent on continuing Brant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the Trustees, after reviewing the financial forecasts for future periods, are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financlal statements. Other than these matters, the Trustees are not aware of any material uncertainties about the charity's ability to continue as a going concern. Fund Accounting Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law. Liability to taxation The Trustees consider that the charity satisfies the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received. The charity is not registered for VAT and accordingly, all their expenditure is inclusive of VAT incurred. Winding up or dissolution of the charity If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity. Debtor5 and Credltors receivable / payable within one year. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any105ses arising from impairment are recognised in expenditure. 2 Creditors: Amount5 falling due wlthln one year 2023 2022 Mill Strand School 7,240 7,240 Page 4