Company Registration Number: N1063653 Charity Number.. NIC105884 Castlederg Childcare Services Limited IA company limited by guarantee, not having a share capitsll Annual Report and Unaudited Financial Statements for the financial year ended 31 March 2023
Castlederg Childcare Services Limited IA company limitèd by guarantee. not having a sharè capital) CONTENTS Page Reference and Administrative Information Directors, Annual Report Statement of Directors, Responsibilities Independent Examiner's Report Statement of Financial Activities Summary Income and Expenditure Account 10 Balance Sheet Notes to the Financial Statements 12-17 Supplementary Information relating to the Financial Statements 19
Castlederg Childcare Services Limited {A company limited by guarantee. not having a share capital) REFERENCE AND ADMINISTRATIVE INFORMATION Directors Jane Harvey Cathereen Wells Doherty Annie Killoran Lynch Alicia O'Donnell Reena McHugh Chairperson Marie Reid Company Secretary Cathereen Wells Doherty Charity Number in Northern Ireland NIC105884 Company Registration Number N1063653 Registered Office 48 Lurganbuoy Road Castlederg Co Tyrone BT81 7HT Prineipal Address Around the Corner Family Centre 48 Lurganbuoy Road Castlederg Co Tyrone BT8 7HT Independent Examiner Michael Drumm FCCA 30a Gortin Road Omagh Co Tyrone BT79 7HX Principal Bankers Bank of Ireland 23-25 Campsie Road Omagh Co Tyrone 8T79 OAE
Castlederg Childcare Services Limited IA company limited by guarantee, not having a share capital) DIRECTORS. ANNUAL REPORT for the financial year ended 31 March 2023 The directors present their D1CtorS, Annual Report, combining the Directors, Report and Trustees, Report. and the unaudited financial statements for the financial year ended 31 March 2023. The financial statements a prepared in accordance with the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Statemer7t of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. The Directors, Report contains the infomiation required to be provided in the Directors, Annual Report under the statement of Recommended Pr2clice ISORP) guidelines. The directors of the company are also charity trustees for the purpose of charity law and under the company's constitution are known as members of the board of trustees. In this report the directors of Casllederg Childcare Services Limited present a summary of its purpose. governance. activities. achievements and finances for the financial financial year 31 March 2023. The company is a registered charity and hence the report and results are presented in a form which complies with the requirements ol the Companies Act 2006 and. although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented its recommendations where relevant in these financial statements. Mission, Objectlves and Strategy Mission Statement Castlederg Childcare seices objects as per its governing document are lo enhance the development and education of children aged eleven weeks lo eleven years by encouraging parentslguardians to understand and provide for the needs of their children by'.- Offering appropriate play facilities, with the right of parenlslcarers take spOnSIbl111Y for and lo become involved in the activities of the company, ensuring opportunities for all children, regardless of religion. culture. race or mean5. Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs of children and their families in the local area. Main Activities Throughout the review period. Castlederg Childcare Service5 undertook a number of activities to promote the purpose of the organisation. These activities included'.- Dayca Out of Schools Activities Supported Training for Parents Supporti'ng local community events Structure. Governance and Management Structure The centre employed 12 members of staff {2022-2023) in both part time and full-lime capacity. with an additional 2 relief staff and 3 volunteers. Staff development continues lo be central lo the ntre activities training completed include5'. 2 employees working towards Level 5 Qualification 2 employees working towards Level 2 Qualification 2 employees completed Eager and Able to Learn Framewod( 2 employees completed Respecting Differences Programme Governance Castlederg Childcare Services which trades a5 Around the Corner Family Centre 15 a company limited by guarantee governed by its Memorandum and Articles of Association dated 16 March 2007. 11 is registered as a charity with the Charity Commission Northern Ireland. Review of A¢tivities, Achievements and Performance Throughout the review period Castlederg Childcare Services undertook a number of activities to promote the purpose of the organisation. These activities included". Dayca Out of School Activities Supported Training for parents
Castlederg Childcare Services Limited IA company lirnited by guarantee. not having a Sha capital) DIRECTORS. ANNUAL REPORT for the financial year ended 31 March 2023 Supporting local community events During the review period the centre resumed its pre COVID registration occupancy as guided by the Western Health & Social Care Trust (Registering Aulhorityl, as detailed below.. 0-2 years - 16 places 2-3 years - 24 places 3-4 years- 20 places 4+ years - 20 places As at 31 st March 2023 a total of 64 families were regISted with the centre, representing 72 children. During the year Castlederg Childcare Services worked in partnership with Churchtown Community Association to deliver 2 community events namely, the 'Halloween Hoolie" and "Spring Event" These events were well received within the community attracting approximately 400 attendees at each event. Staff training and the delivery of a quality childcare service is the central ethos, and staff have continued their professional development in the review period by completing training in the following areas. Makaton Autism Awareness Dyslexia Awareness Managing Challenging Behaviour Outdoor Play Mandatory Training - Safeguarding, Paediatric First Aid & Food Safely Furthermore, staff will complete "Reggio Inspired. training in January 2024 and parenting 5UPPOrt training scheduled for the first quarter of 2024. Financial Results At the end of the financial year the company has assets of £79.587 {2022 £60.6271 and liabilities of £18,718 (2022 £19,866). The nel assets of the company have increased by £20,110. Future Development The trustees of Casllederg Childcare Se)vices have planned a number of initiatives for the incoming period April 2023 March 2024, such as". Childrens Creative Mindfulness Sessions Reggio Training The centre continues to deliver DiversitylRespecling Differences Workshops & the "Eager & Able to Learn. Programme (funded by.. The Pathway Fund - Dept of Education). These programmes aim lo improve the potential outcomes for local children and their parents. This training will focus on low income families providing free training and resources and aims lo achieve the following targets". Improve opportunities for socially disadvantaged children Provide improved Early Years support for 20 children with additional needs Increase access to services in a rural area with low provision Promote a culture of Respect for Differences Dlrectors The directors who served throughout the financial year, except as noted, were as follows.. Jane HaNey Cathereen Wells Doherty Annie Killoran Lynch Alicia O'Donnell Reena McHugh In accordance with the Conslilulion. the directors retire by rotation and, being eligible, offer themselves for re-eleckn'on. The secretary who served during the financial year was.. Cathereen Wells Doherty
Castlederg Childcare Services Limited {A company limited by guarantèè, not having a share capital) DIRECTORS. ANNUAL REPORT for the financial year ended 31 March 2023 Compliance with Sector-wide Legislation and Standards The company engages pro-actively with legislation. standards and codes which are developed for the sector. Castlederg Childcare Services Limited subscribes to and is compliant with the following.. The Companies Act 2006 The Charities SORP IFRS 102) Public benefit statement The direct benefits from the provision of the daycare facility. training and community activities include.. Children-. Allainment of Skills - through stimulating play, improving personal. social & emotional development and well being Parents.. Attainment of parenting skills, ability to access lo labour market, active citizenship. Community - Provision of community services & activities Provision of volunteering & training opportunities Provision of community events The ber)efits identified are eVIdend through a variety of mechanisms including.. Parent Feedback & Evaluation Community Audits Inspection Reports No intended hami flowing from the purposes of Castlederg Childcare Services There are multiple beneficiaries from the activities offered, however the primary beneficiaries are.. Children aged 11 wks - 11 years Low Income Families Parents of children aged 11 wks - 11 years Volunteers Community Organisatons Benefits to committee members is the opportunity to access lo training leg child protection. first aid) and good governan. This is incidental and necessary to ensure the benefits are provided to our beneficiaries Approved by the Board of Directors on 14 December 2023 and signed on Its behalf by: m Le&C.I' Marie Reid Chairperson HaNey Director
Castlederg Childcare Services Limited IA company limited by guarantae, not having a Sha capital) STATEMENT OF DIRECTORS. RESPONSIBILITIES for the financial year ended 31 March 2023 The directors are responsible for preparing the financial Statements in accordance with applicable law and regulations. Company law requires the directors lo prepare finanaal statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable lawl including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Enlitiesl. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the company and of the surplus or deficit of the company for that period. In preparing these financial statements, the d1ClorS are required to.. select suitable accounting policies and apply them consistently., make judgements and estimates that are reasonable and prudent., state whether the financial statements have been prepared in accordance with the relevant financial reporting framework, identify those standards. and note the effect and the reasons for any material departure from those standards., and prepare the financial statements on the going concem basi5 unless il is inappropriate to presume that the company will continue in operation. The directors confirm that they have complied with the above requirements in preparing the financial stslements. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable aceuracy at any time the financial position of the company and enable them to ensLJre that the financial statements comply with. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Board of Directors on 14 December 2023 and signed on its behalf by.. e Harvey ctor Marie Reid Chairperson
Castlederg Childcare Services Limited IA company limited by guarantee, not having a share capltall INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF DIRECTORS OF CASTLEDERG CHILDCARE SERVICES LIMITED We have examined the financial statements of the company for the financial year ended 31 March 2023, which comprise the Slalemenl of Financial Aclivilies, the Summary Income and Expenditure Account, the Balance Sheet and the related notes. Respective responsibllities of directors and examiner The company's trustees {who are also the directors of the company for the purposes of company lawl are responsible for the preparation of the financial slalements in accordance with the requirements of the Companies Act 2006. The company's directors consider that an audit is not required for this financial year under Chapter 3 of Part 16 of the Companies Act 2006 and that an independent examination is required. It is our responsibility to.. examine the financial statements under section 65 of the Charities Act., follow the procedures laid down by the general Directions given by the Charity Commission for Northern Ireland under section 6519llbl of the Charities Act., and state whether particular matters have come to our attention. Basis of independent examiner's report We have examined your company financial statements as required under section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 6519){b} of the Charities Act. An examination includes a review of the accounting records kept by the company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the fin2Ncial statements and seeking explanations from the directors concerning any Such mallers. The procedure5 undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'lrue and fair, view and the report is limited to those matters set out in the statement below. In connoction with our examination, no matter has come lo our attention which gives us cause to believe that in, any material respect.. accounting records were not kept in accordance with section 386 of the Companies Act 2006 the financial statements do not accord with those accounting records the financi81 statements have not been prepared in accordan with the accounting iequirernents of section 396 of the Companies Act 2006 and with the methods and principles of the Slalement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS102} there is further information needed foi a proper understanding of the accounts to be reached. Independent examiner's statement We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. MICHAEL RUMM FCCA 30a Gortin Road Omagh Co Tyrone BT79 7HX Date: 14 December 2023
Castlederg Childcare Services Limited IA eompany limited by guarantae. not having a share capital) STATEMENT OF FINANCIAL ACTIVITIES for the financial year ended 31 March 2023 Unrestricted Restricted Funds Funds 2023 2023 Total unStrICted Restricted Funds Funds Funds 2023 2022 2022 Total Funds 2022 Notes Incoming Resources Charitable activities Grants from governments and other co-funders Activities for generating funds 7,677 48,224 55.901 44.091 44.091 185,694 185,694 144,362 144,362 Total incoming resources 193,371 48.224 241,595 144,362 44,091 188,453 Resources Expended Raising funds Charitable activities 166.690 46,313 8.482 213,003 8,482 158,422 6,549 29,155 164,971 29,155 Total Resources Expended 166,690 54,795 221,485 158,422 35.704 194,126 Net ineomingloutgoing resources befo transfers 26,681 (6.5711 20,110 {14,0601 8.387 {5,6731 Gross transfers between funds 4,415 (4.4151 Net movement in funds for the financial year 31.096 {10,986) 20,110 {14.0601 8,387 15,6731 Reconciliation of funds.. Total funds beginning of the year 14 34,695 6,066 40,761 48,755 (2,3211 46.434 Totsl funds at the end of the year 65,791 {4,9201 60,871 34,695 6.066 40.761 The Statement of Financial Activitie5 includes all gains and losses recognised in the financial year. All income and expenditure relate to continuing activities. The notes on pages 12 10 17 loim part of the financial statements
Castlederg Childcare Services Limited IA company limited by guarantee, not havlng a sharè capltall SUMMARY INCOME AND EXPENDITURE ACCOUNT for the financial year ended 31 March 2023 Statement of Financial Activities 2023 2022 Gross income Unrestricted funds Reslricled funds 193,371 48.224 241,595 188,453 Total income Total expenditure 241,595 (221,485} 188,453 {194,1261 Net incomellexpenditurel 20,110 15,6731 The company has no recognised gains or losses other than the surplus for the financial year. The results for the financial year have been calculated on the historical cost basis. The notes on pages 12 10 17 form part of the financial slalemenls 10
Castlederg Childcare Services Limited IA company lÉmited by guarantee, not havlng a share capital) Company Numb&r'. N1063653 BALANCE SHEET as at 31 March 2023 2023 2022 Notes Fixed Assets Tangible assets 15.870 12,652 Current Assets Debtors Cash at bank and in hand 10 28,415 35,302 16.031 31,944 63,717 47,975 Creditors.. Amounts falling due within one year 11 19,192} 18.6051 Net Current Assets 54.525 39,370 Total Assets less Current Liabilities 70,395 52.022 Grants receivable 12 {9,5241 (11,2611 Total Net Assets 60,871 40,761 Funds Restricted trust funds General fund {unrestrictedl 14.9201 65,791 6,066 34.695 Total funds 14 60,871 40,761 These financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. For the financial year ended 31 March 2023 the company was entitled lo exemption from audit under section 477 of the Companies Act 2006," and no notice has been deposited under section 476. The directors confim that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which omply with section 386 and for preparing financial statements which give a Iiue and fair view of the slate of affairs of the company 8s at the end of the financial year and of its profil and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial slalements, so far as applicable to the company. The financial statements have been prepared in accordance with the provisions applicable lo companies subject lo the small companies, regime and in accordance with FRS 102 The Financial Reporting Standard applicable In the UK and Republic of Ireland" applying Section 1A of that Standard. Approved by the Board of Dire¢tors and authorised for issue on 14 December 2023 and signed on its behalf by Jahe Harvey Dilector Marie Reid Chairperson The notes on pages 12 10 17 form part of Ihe finan¢ial statements 11
Castlederg Childcare Services Limited IA company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2023 GENERAL INFORMATION Casllederg Childcare Services Limited is a company limited by guarantee incorporated in Northern Ireland. The registered office of the company is 48 Lurganbuoy Road, Casllederg, Co Tyrone, BT817HT which is also the principal place of business of the company The financial statements have been presented in Pound l£} which is also the functional currency of the company. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied con5151enlly in dealing with items which are considered material in relation to the charity's financial statements. Basis of preparation The financial slalements have been prepared on the going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORPI Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" applying Section 1 A of that Standard. As permitted by the Companies Act 2006, the company has varied the standard fomats in that act for the Statement of Financial Activities and the Balance Sheet. Departures from the standard formats are to comply with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP. statement of compliance The financial statements of the company for the financial year ended 31 December 2017 have been prepared on the going concern basis and in accordance with the Statement of Recommended Practice ISORPI "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that Standard. Incoming Resources Voluntary income or capital is included in the Statement of Financial Activities when the company is legally entitled lo it. its financial v21ue can be quantified with reasonable certainty and the is reasonable certainty of its ultirllate receipt. Entitlement to legacies is considered established when the company has been notified of a distribution to be made by the executors. Income received in advance of due performan under a contract is accounted for as deferred income until earned. Grants for activities are recognised as income when the related conditions for legal entitlement have been met. All other income is accounted for on an accruals basis. Resources Expended All resources expended are accounted for on an accruals basis. Charitable activities include costs of services and grants, support costs and depreciation on related assets. Costs of generating funds similarly include fundraising activities. Non-staff costs not attributed to one category of activity are allocated or apportioned pro-rata lo the staffing of the relevant service. Finan, HR. IT and administrative staff costs are directly attributable lo individual activitiès by objective. Governance costs are those associated with constitutional and statutory requirements. Tangible fixed assets and depreciation Tangible fixed assets are stated at cost or at valuation. less accumulated depreciation. The charge to depreciation is calculated lo write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows.. Land and buildings freehold Fixtures, fittings and equipment Motor vehicles 40A Straight line 20,10 Reducing balance 25Yo Straight line Debtors DebLor4 are recognised at the settlement amount due after any discount orfered. Prepayments are valued at the amount prepaid net of any trade discounts due. Income recognised by the the company from govemment agencies and other co-funders, but not yet received al year end, is included in debtors. Cash at bank and in hand Cash al bank and in hand comprises cash on deposit al banks requiring less than three months nolice of withdrawal. 12
Castlederg Childcare Services Limited IA company limlted by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 Taxation and deferred taxation No current or deferred taxation arises as the company has been granted charitable exemption. Irrecoverable valued added lax is expensed as incurred. Deferred tax is recognised in respect of all liming differences that have originated but not reversed at the balance sheet date where transactions or events have occurred al that date that will re5uII in an obligation to pay more tax the future, or a right to pay less tax in the future. Timing differences are temporary differences beeen the company's taxable income and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis al the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse. based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date. INCOME CHARITABLE ACTIVITIES Unrestricted Restricted Funds Funds 2023 2022 Grants from governments and other co-funders: Grants The Pathway Fund 7,677 20,724 27.500 28.401 27.500 8,914 35,177 7,677 48,224 55,901 44,091 OTHER TRADING ACTIVITIES Unrestricted Restricted Funds Funds 2023 2022 Childcare Fees 185,694 185.694 144,362 EXPENDITURE RAISING FUNDS Direct Costs Other Costs Support Costs 2023 2022 Childcare fees 162,622 4,062 46,319 213.003 164.971 CHARITABLE ACTIVITIES Direct Costs other Costs Support Costs 2023 2022 The Pathway Fund Grants 28,918 237 8,482 8,482 8,482 8.482 29.155 SUPPORT COSTS Cost of Raising Funds 2023 2022 Activity costs Premises costs Legal and professional General office expenses 35,768 9.548 6,158 (5,155) 35.768 9.548 6.158 15,1551 10,789 9,751 6,708 6.112 46,319 46.319 33,360 13
Castlederg Childcare Services Limited IA company limlted by guarantee, not having a Sha capitall NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 ANALYSIS OF SUPPORT COSTS Basis of Apportlonment 2023 2022 Activity costs Premises costs Legal and professional General office expenses invoice invoice invoice invoice 35,768 9,548 6,158 15.155) 10,789 9.751 6.708 6.112 46,319 33,360 NET INCOMING RESOURCES 2023 2022 Net Incoming Resources are stated after chargingllcreditingl.. Depreciation of tangible assets Grants receivable received Amortisation of grants receivable 4.082 (54.1641 11,737} 2,890 141.9631 12,1281 INVESTMENT AND OTHER INCOME 2023 2022 Capital grants amortised SEUPB Capital grants amortised - TSB Lloyds Capital grants amortised - Awards for all Capital Grants amortised - SDC Capital grants amortised Bright Start Capital grants amortised - Dard Capital grants amortised The Pathway Fund Revenue grants- The Pathway Fund Revenue grants - Early Years Sustainability Fund Revenue grant- DCSDC CSF DCSDC Good Relations Grant Revenue grants- DFC 244 17 1,249 11 83 84 49 27,500 7,677 3,691 2.978 12,318 262 21 1,562 14 103 105 61 27,500 7,677 1,806 4,980 55,901 44,091 EMPLOYEES AND REMUNERATION Number of employegs The average number of persons employed (including executive directors) during the financial year was a5 follows-. 2023 Number 2022 Number Administration 16 16 The staff costs comprise, 2023 2022 Wages and salaries Pension costs 166.696 3,161 134,351 4.244 169.857 138,595 14
Castlederg Childcare Services Limited IA company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 TANGIBLE FIXED ASSETS Land and Fixtures, buildings fittings and freehold equipment Motor vehicles Total Cost At 1 April 2022 Additions 4.565 37.026 1,850 41.591 7,300 5,450 At 31 March 2023 4,565 38,876 5.450 48.891 Depreciation At 1 April 2022 Charge for the financial year 2.743 183 26,196 2,536 28,939 4,082 1,363 At 31 March 2023 2,926 28,732 1,363 33,021 Net book value At 31 March 2023 1,639 10,144 4.087 15,870 Al 31 March 2022 1,822 10,830 12,652 10. DEBTORS 2023 2022 Trade debtors Other debtors Prepayments and accrued income 6,420 19,188 2.807 8.207 5,297 2,527 28,415 16.031 11. CREDITORS Amounts falling due within one year 2023 2022 Bank overdrafts Trade creditors Taxation and social security costs Other creditors Accruals and deferred income 838 558 1,687 4.189 1,920 554 875 96 5.298 1.782 9.192 8,605 Security- Personal letter of guarantee for £6.000 from two directors 12. GRANTS RECEIVABLE 2023 2022 Capital grants received and receivablg Al 1 April 2022 73.746 73,746 Amortisation Al 1 April 2022 Amortised in financial year {62.4851 (1.7371 160,3571 12.1281 At 31 March 2023 164.2221 {62,485) Net book value Al 31 March 2023 9.524 11,261 At 1 April 2022 11,261 13,389 15
Castlederg Childcare Services Limited {A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 13. RESERVES 2023 2022 At the beginning of the year Surplusl{Deficill for the financial year 40,761 20,110 46,434 15,6731 At the end of the year 60,871 40.761 14. FUNDS 14.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestrieted Restricted Funds Funds Total Funds At 1 April 2021 Movernent during the financial year 48,755 114,060) (2.321) 8.387 46.434 (5,6731 Al 31 March 2022 Movement during the financial year 34,695 31,096 6,066 110,9861 40,761 20.110 At 31 March 2023 65,791 14,920) 60,871 14.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 April 2022 Income Expenditu Transfer$ between funds Balance 31 March 2023 Restricted funds Bright Start Department for the Economy Capital grants The Pathway Fund Community Support Fund Co-operation Ireland NWC - Volunteering Programme 916 {916) 12,318 1.737 27,500 6,669 12,318 {8,6101 6,258 4.003 2.999 500 16.8731 33,758 8.719 1,953 {2.999) 1500) 6,066 48.224 54,795 14.4151 {4.9201 Unrestricted funds Childcare fees 34,595 193.371 166,690 4,415 65.791 Total funds 40.761 241,595 221,485 60,871 15. STATUS The company is limited by guarantee not having a share capital. The liability of the members is limited. Every member of the company undertakes to contribute to the assets of the Company in the event of its being wound up while they are members. or within one year thereafter. for the payment of the debts and liabilities of the company contracted before they ceased lo be members, and the costs, charges and expen5e5 of winding up. and for the adjustment of the rights of the contributors among themselves, such amount as may be required, not exceeding £ 1. 16. RELATED PARTY TRANSACTIONS 16
Castlederg Childcare Services Limited IA company Ilmlted by guarantee, not havrng a share capitall NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 Castlederg Childcare Services Limited paid Churchtown Community Associakn'on £3,900 {2022.' £3.900} re management fees. Castlederg Childcare Services Limited received £2,330 {2022.' £5121 from Churchtown Community Association during the year re workshops. Castlederg Childcare Services Limited made payments to Churchtown Property Management Limited of £4.128 regarding rent (2022.. £3.6001. No rent is owed at the year end to Churchtown Propety Management Limited. Castlederg Childcare servIs Limited, Churchlown Community Association and Churchlown Property Managment Limited comprise similar rnanagement. 17. POST-BALANCE SHEET EVENTS There have been no significant events affecting the Charity since the financial year-end. 17
CASTLEDERG CHILDCARE SERVICES LIMITED IA company Ilmlted by guaranteo, not having a share capltall SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023 18
Castlederg Childcare Services Limited IA company limited by guarantee, not having a share capitsll SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS Operating Statement for the financial year ended 31 March 2023 2023 2022 Income Childcare fees 185,694 144,362 185,694 144.362 Expenses Wages and salaries Staff defined contribution pension costs Staff training Purchase of materials. food Management fee CSF expenditure DCSDC Good Relations expenditure Parent Engagement Programme Rent payable Insurance Light and heat Repairs and maintenance Printing. postage and stationery Motor expenses Legal and professional Accountancy Bank charyes General expenses Subscriptions Depreciation 166.696 3,161 1,837 13.500 3,900 3,696 4.000 1,023 4,128 3,348 4,710 710 861 894 134,351 4,244 9,278 13,136 3.900 1,806 4,980 3,600 3,048 6.151 912 260 159 2,561 274 2,475 101 2,890 2,258 226 2.455 4.082 221,485 194,126 Miscellaneous income Capital grants amortised - SEUPB Capital grant5 amortised - TSB Lloyds Capital grants amortised - Awards for all Capital Grants amortised SDC Capital grants amortised - Bright Start Capital grants amortised - Dard Capital grants amortised The Pathway Fund Revenue grants- The Pathway Fund Revenue grants - Early Years Sustainability Fund Revenue grant- DCSDC CSF DCSDC Good Relations Grant Revenue grants- DFC 244 262 21 1,562 14 103 105 61 27,500 7.677 1,806 4.980 1,249 11 83 84 49 27,500 7.677 3.691 2,978 12.318 55,901 44,091 Net surpluslldefieit) 20.110 15,673) The supplementary infomation does not form part of the financial Statements 19