Company Reglstration Number: N1063653 Charlty Number: NIC108884 Castlederg Childcare Services Limited IA ¢ompany Ilmlted by guarantee, not havlng a Share capltall Annual Report and Unaudited Financial Statemants for the financial year ended 31 March 2024 Castlederg Childcare Services Limited IA cornpany Ilmitod by guarantee, not havlng a shax¢ capllall CONTENTS Page Reference and Administr8tive Infonnation Directors, Annual Report Statement of Directors, Responsibilities Independent Examinerfs Report Statement of Financial Activities Summary Income and Expenditure Account 10 Balance Sheet 11 Notes to the Financial Slatem8nls 12-17 Supplementary Information ralating to the FinanGi81 Statements 19 Castlederg Childcare Services Limited IA company Ilmtted by guarantoo, not havlng a share capltal) REFERENCE AND ADMINISTFIATIVE INFORMATION Dlreclors Jan8 Harvey Cathereen Wells Dohety Annie Killoran Lynch Alicla O'Donnall Reana M¢Hugh Chalrperson Marie Reld Company Secrètary Calhereen Walls Doherty Charity Number In North•rn Ireland NIC105884 Company Roglstration Number NlQ83653 Roglsterod Offlce 48 Lurganbuoy Road Casll8derg Co Tyrone BT817HT Prlnelpal Addre56 Around the Corner Famlly Centre 48 Lurganbuoy Road Casllederg Co Tyrone BT8 7HT Indepgnd•nt Examlner Mlchael Drumm FCCA 30a Gortin Road Omagh Co Tyron8 BT79 7HX Prlnclpal Banker8 Bank of Ireland 23-25 Campsie Road Omagh Co Tyrone BT79 OAE Castlederg Chlldcare Services Limited {A company Ilmlted by guaranteè, not havlng a share capital) DIRECTORS, ANNUAL REPORT for thè flnancial yaar ended 31 March 2024 The diredors prasenl th8ir Directors, Annual Report, combining the Directors, Report and Trustees, Report, and the nauditod financlal statements for the fi'nancial year ended 31 Marth 2024. The fin£ncial statements ere prepared in accordance wlth Ihg Companies Act 2006, FRS 102 "Th& Financial R8portlng Standard applicable in the UK and Republic of Ireland and Accounting and Reporting by Charities.. Statement of Recommended Practlce applicable to charitiès pr8parlng their frnancral statemgnts in accordance wlth the Financial Reporting StandaKI applicable In th8 UK and Republic of Ireland IFRS 102). Th8 Directors. Report conlalns the Snformalion required to be provided In the DifftctOFS' Annual Report under the ststèmant of Recommended Practice ISORP} guldelines. The directors of thè company 8re also charity Irusleés for Ihe purpose of Charity law 8nd under the company's constitution are krbown as members of the board ol trustees. In this report the directors of Castledérg Childc9re Sgrvices Llmltsd pr6sent a summary ol Ils purpose, governanc8, activitigs, achlevements and financas for the ffnan¢ial finan¢lal year 31 March 2024. The company is a registèred charity and hence the report and results 8re pres8nt8d in a form which complies wllh the requirements of the Companles Act 2006 and, although not obllged to comply wlth the Statèment of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organls8tlon has implemented its recommendations where ffjlevant in these financial statements. M1891on, Oble¢tlve8 and Stratogy Mission Statement Castlederg Childcare SeNlces objects 88 per ils governing docurnenl are to enhance thg dovelopment and education of chlldren aged eleven weeks to el@ven years by 9ncouraging parentslguardians to understand and provlde for th& nèeds of their children by'.- 1. Offering appropriate play facilities, wlth the right of parentslcarers take respon51blllty for and to become Involved In tha ACtlvitl68 of the company, ensurlng opportunlties for all children. regardl&ss of r&ligion, culture, r&ce or mean8. Encouraging Ihe study of the needs of Such ¢hildren and thelr families and promoting publ1¢ Intsr&st In and recognltion of Such need3 of chlldren and thelr families in the Ioc818r8a. Main Actlvilies Throughout the revl8W P8riod, Castlederg Chlldeere Servlce8 undertook a number of activltlé8 to promote the pu￿0$@ of the organl8ation. Thése activllies included'.- Daycare Provlslon Out of Schools Activitl88 Supported Tralnlng for Parents Suppctrting local communlty éV8nts Transport to and from local schools and four nurseries In addition to core activity of offering dayGare, th8 C8ntr8 offered several sddillonal supporting and developmental activities for thé children and thelr families Children'8 Creative mInd￿l￿e$S Sessions Creative Writing Makaton Session5 DiversitylRespgCting Dlfferentss Worf2 years - 16 place8 2-3 years- 24 pl8cg3 3-4 year8- 20 plac88 4+ yearn - 20 places As at 31 st March 2024 a total of 85 famllles were reglstered wlth the centre, representlng 97 chlldren. These figure represenl an Increase from 2023 whlch were 64 famllles and 72 children. Th18 Increase In usage has been attributed to th8 followlng f8clors'. Closure of a local daycare f8cAlity Parents requiring dayca￿ due lo chang89 in working pattems le.g. reducad ramotelhybrld worklng> Increase in birth rats During the y8ar Castlederg Chlldcar8 Services worked in partnershlp with Churchtown Community AssociatSon lo deliver 2 cornmunlly ev8nts namely, th8 'Halloween Hoolig and "Spring Event., Thgsa events w8re well received wilhln th8 community attractlng approximately 400 atlend8as at each avant, Staff training and the dalivery of a quality childcare service Is the Central ethos, and staff have ¢ontlnued th8ir professional d8v91opment in the ravlèw period by completing trainlng In the followlng areas. Global 08V8lopm6nt D81ay UNICEF Rights of the Chlld Handling Complalnts Autism Awareness Dyslexia Awareness Managing Challenging Béhavlour Ouldoor Play Mandatory Trainlng- Safeguarding, P88dlattic First Aid & Food Safety Financlal Ro8uIts At the end of th• financia5 year the company has assets of £89,811 {2023 - £79,587} and liabilitios of £17,52212023 £18,716). Tho net assets of the company have Increased by £11.418. Future Development Th8 boa￿1 of directors envisage the incoming year 202412025 as one of consolidatlon in order to manage increasing the number of families and children 8ccesslng the services on off9r. Adion5 anticipaled include: Trainlng and Implement 'Famlly App. which w151 assist with administration function, e.g. streamline invoicing, irnprove partnership with partners through increased communication, improved booking system and staff rolas. Castlederg Childcare Services Limited IA company Ilmtted by guarantee, not havlng a shara capltall DIRECTORS, ANNUAL REPORT for the financial year ended 31 March 2024 R8-purpos8 out of school room to 34yaar-old room and relocat6 Out of school potentially lo Untt Recruit new 6taff members and ensure completion of mandatory training Review staffing and hierarchy, appointing Deputy Manager and Room Leaders as r8quired Replace ffooring throughout main building Rgplace slnks in plsyrooms Improv6 exterior Ilghting Palnling Inlerlor of play rooms Director8 The directors who 8eN8d throughout the h'n8ncial year, except as ngted, weré as follows., Jane HaNey Calh8r8en Wells Doherty Annie Kllloran Lynch Alicia O'Donnell Reena McHugh In accordanco wlth the Gonstitutlon, the directors retir8 by rotation and, b8ing eligible, offèr themselv8s for re-61eclion. The secretary who served durfng the financial y8ar waB'. Calhefeen Wells Dchety Compllance wlth Se¢tor-Wlde L•glslatlon and Standard8 The company engages pr(>acliv8ly wlth legSslation, standards and ¢ode5 which are developed for the 8ector, Ca811ed8fg Childcare Services Limited subscrfbes to and18 compllant wtth the following: The Companl8s Act 2006 The Charities SORP IFRS 102) Publ1¢ beneflt ststement Thg dSrecl benefits from the provision of the daycare facillly, tralnlng and cornmunily activitie8 Includ8- Children.. Attainm6nl of Skills through stlmulallng play, improving p&rsonal, soclal & emgtlonal development and well being Parents.. Attalnmgnt of par&nllng sk1118, abillly to access to labour mark@I, acllve ¢illzenshlp, Comrnunlty - Provislon of Community 3ervica8 & activitie5 Provislon of volunteering & trglnlng opportunittes Provislon of community avents Tho benefits identified are •vld8n¢ed through a variety of mechanlsms including.. Parent Feedback & Evaluatlon Communily Audits Insp8clion Reports No intended harm flowing from th8 purposas ol CasU8derg Child¢are Serviees Thare are multiple benèficiaries from the activlties offered, however the pdmary b6naficiarles 8re-. Children aged 11 wks - 11 years Low Income Families Pargnls of childr9n @ggd 11 wk8 - 11 years Volunt8ers Communlly Org8nlsalons Benofits lo cornmlllee m8mbers is the opportunity to access lo Ir8ining leg chlld protection, ffrsl aldl and goocl governan￿. This Is incidental and noces8ary to gnsure the bgngfils arè provided lo our bengficlar1&8 Approvod by the Board of Dlreclorn on 31)ecomber 2024 and elgnod on Its bohalf by: Harvey ctor Marle Rgld Chalrper8on DI Castlederg Childcare ServlGes Limited IA ¢ompany Ilmlted by guarantee. not havlng a 3haie capttoll STATEMENT OF DIRECTORS, RESPONSIBILITIES for Ihe financial year endad 31 March 2024 The dlrectors responslble for preparing th& financaal slatemenls In accordance with appllcab18 law and regulations. Company law requires the diraclors lo prepare financl81 stalem8nts for 8ach financlal year. Under th8t Isw the directors have elected to prepare the financial slatemgnts in accordance with United Kingdom Generally Accepted Accounting Practlce (United Kin9dom Accounting Standards and appllcable law} including FRS 102 "The Financial Reporting Standard applicable In the UK gnd Republic of Irelgnd" Section 1A (Small Enlitl8sI. Under company law the directors must not approve the financial slal8ments un16SS they are satisfied that they give a truÉ and fair view of the slate of affairs of the company and of the surplus or deficit of the company for that period. In preparlng the8e financial slatsmonts, the dirgctors are requlred to: select suitsble accounting policies and apply them consistently., maka judgements and estimates that are reasonable and prudent, 81ats whether the financigl st81ements h8ve been prepared in accordance wlth the relevant financial reporting frgmewofk, id&ntlfy those standards, and noté the effect and the roagons for any matarial departure from thosa stand9rds', and prepare tho financial stataments on the going concem ba818 unless il is inapproprlate to presume Ihgt the company will continue in op8ralion. Th8 directors conffrm that they have complied with the above requlrements in preparlng the financl81 statements. The dlr6Ctors are re8pon8ible for keeping adequats 8¢¢ountlng records th8t are 5ufflclent to show and explain the company's transactions and di8closo wlth reason8ble accura¢y at any lima the financial posltlon of the Company 8nd enable them to ensure that the financial statèments comply with. They ar& also respon8ible for safe9uarding the assgls of the company and hen￿ for laklng ieasonable slepg for the prevention and detsctlon of fraud and olhgr Irregularlties. Approved by the Board of DSrectors on 3 December 2024 and 8lgn&d on its bohaif by: Ha ¢tor Marl• Rèld Chalrp8r80n Dlr Castlederg Childcare Services Limited {A company 51mlted by guarantge, not havlng O Bhare ¢apitsl) INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF DIRECTORS OF CASTLEDERG CHILDCARE SERVICES LIMITED We have examined the financial slaternents of the company for the financial year ended 31 March 2024, which comprise the Statsment of Financlal Aclivili8s, the Summary Income and Expenditure Account, the Balance Shaet and th8 relatad notes. Ra$pocttva re8ponslbllllles of dlrectors and exaffllner The company's trustees (who are also the directorB of the company for the purposes Df company lawl aro r@sponsible for the preparation of the financial statements in 9ccordan￿ with the raqulraménts of the Companles Act 2006. The company's directors con8lder thal an audit 18 not required for Ihls financial y@ar under Ch8Pt8r 3 of Part 16 of the Companies Act 2006 and that an independent axamination is requlred. It is our rgsponslbility to.. examin8 the financial 8ts1emerJts und8r 5eclion 65 of the Charllies Act; follow the procedures laid down by the general Dlrections giv6n by th8 Charity Commission for Northern Ireland under sectlon 65{9llbl of the Charities Act-, and state whether partlcular matter8 hav6 come to our attention. Ba818 of Independent examlnee8 raport We have examln8d your company fi'nanclal statements as required unrjer section 65 of the Charities Act and our examinallon was carried out in accordanc8 wlth Ihe general Oire¢tion8 givan by the Charity Commlssion for Northem Ireland under section 6519)Ib) of the Charities Act. An examlnation includes a review of the accountlng records kept by Ihg Company and a comparison of the financial statement8 prgsenled wlth those records. It also Includes consideration of 8ny unusual Items or diBclosur8s in the fingn¢lal statements and Seeklng explanatlons from the directors concerning any such matter5. Tr6 procedures undertaken do not provlde 811 the 8vldonce that would b6 requlrèd In 8n audit and eonsequenlly no opinlon is given as to whether tha accounls present a 'true and falr, view and the report is1Smlt8d to those mallers sel out In the sl8temenl below. In ¢￿nneCtIOn wlth our examination, no matter has coma to our attention whl¢h glves us cau88 to believe that in, any m8t8rlal resP8Ct'. accounting records were not kept in accordance wlth 8e¢tion 386 of the Comp8nle6 Act 2006 the financial ststemgnts do not accord with thoso accountlng records tha finanoi81 statém8nls have not been prepared In accordance with the a¢counling requirements of secllon 396 of tha Companies Act 2006 and wlth the method8 and princlpl88 of the Statoment of Recommended Practice applicable to charitles preparlng their accounts In accordance with the Flnanclal Reporting Standard 8pplicable In the UK and Republic of Ireland IFRS1021 there is further inforrnatlon n66ded for a proper understsnding of tha accounts lo b8 reached. Independont gxaminerfs statement wetha.ve-R￿concarnS and have come acr085 no other matt@r$ in connection wlth the examinatlon to whlch 8ttenlion a dra*n in Ihls r8POrt In order to engble a proper undérstanding of the financial statements to be reached, MICH LDRU 30a Gortin Road Omag Co Tyrona 8T79 7HX CA Dato: 3 Decernbgr 2024 Castlederg Childcare Services Limited IA company Ilmlted by guarantee, not havlng a sharp capitsll STATEMENT OF FINANCIAL ACTIVITIES for tha financial y6ar ended 31 March 2024 Unrestrl¢t¢d Restrlcted Funds Funds 2024 2024 Total Unrestrictsd Restricted Funds Funds Funds 2024 2023 2023 Total Funds 2023 Notes Incomlng Resources Charilabl& activiti8s Grants from governrnents and other co-lunders Aclivlties for generating fiJnd5 46,522 46,522 7,677 48,224 55,901 216,512 216,512 185,694 185,694 Total Incomlng regource8 216,612 46,522 263,034 193,371 48,224 241,595 Re80urce8 Expended Raising funds Charitable acti￿￿88 216.199 3S,417 261,616 166,690 46,313 8,482 213,003 8,482 Total Re80urce8 Expended 216,199 35,417 251,616 166,690 54,795 221,485 Net Incomlngloutgolng rosourc88 before tran8ferB 313 11,105 11,418 28,681 {8,5711 20,110 Gross transfers between funds 4,415 14,415) Not movomont In funds for the Ilnanclal year 313 11,105 11,418 31,096 {10,9861 20,110 Roconclllatlon of funds: Total fund8 beginning of thé y&ar 14 66,791 (4,920) 60,871 34,695 6,066 40,761 Total lund8 at the end of tho yoar 66,104 6,18S 72,289 65,791 (4,920) 60,871 The Slalement of Financial Activities includes all galns gnd10sses recognis8d in the financial year. All Income and expenditure relate lo continuing aclivitie5. The notes on pages 12 to 17 fom) part of1he flnanclal 81alements Castlederg Childcare Services Limited company Ilmlled by guarantee, not havlng a share capltal) SUMMARY INCOME AND EXPENDITURE ACCOUNT for th& financial ygar 8nded 31 M8rch 2024 statement of Flnanclal Actlvltles 2024 2023 Gross in¢ome Unrestricted fund8 Restricted funds 218,512 48,622 263,034 241,595 Totsl Income Total expenditura 263,034 1251.616) 241,595 1221,4851 Net Incomellexpendlturo) 11,418 20,110 The company has no recognised gains or losses other than th8 surplus for the flnanclal year. Tha r&sull8 for the rinancial ye8r have b8en calculated on the historlcal cost basis. The notes on pagès 12 10 17 fom part of the ffinandal slaloments 10 Castlederg Childcare Services Limited {A company limited by guarantee. not having 4 shar9 capital) Company Numbgr: NIO83653 BALANCE SHEET as al 31 March 2024 2024 2023 NotÉs Flxed Assets Tangible assets 12,636 15.870 Curr•nt A$$ots Debtors Cash at bank and in hand 10 34,772 42,403 28,415 35,302 77,176 63,717 Cr•dltor¥: Amount# falling due wlthln one yoar 11 19,423) 19,1921 Not Currènt A58etB 67,752 54,525 Total A88ets le88 Current Llabllltle8 80,388 70,395 Grants recelvable 12 18,099) {9,5241 Total Nel Assets 72,289 60,871 FundB Reslrlcted trust funds General fund (unre5trict8dl 6,186 66,104 (4,9201 65,791 Total lund8 14 72,289 60.871 These financlal stalements have been prepared In accordancA wlth the specfal provlslons relatlng to small companles wllhin Part 15 of the Companles Act 2006. For the ￿nandal yéar 8nd8d 31 March 2024 the company was entitled to exemption from audlt und8r 88Ction 477 01 tha Companlos Act 20CI8', and no notice has been dep08118d under section 476. Th8 dir8clor8 confirm Ihat the members have not required the company to obtain an audit of Its ffnan¢lal statements for the financlgl year1n questlon In accordance wlth 80Ction 476 of the Companle8 Act 2006. The dirgctors gcknowledge their respon51bllltl8s lor ensudng that the company keéps accounting r8cords which comply with 8aCtlon 386 and for preparing financial statements whleh glve a true and fair view of tho stsle of gffairs of tho compgny as at the gnd of the financéal year And of its profit and loss for th6 financi81 year in accordance with the requirements of sections 394 and 395 and which othemlsè comply wlth the requlremenls of the Companies Act 2006 relating lo financial stalemenls, so far as appllcablè to the company. The financial statsmenls have be8n prepared in accordance wlth the prov13ions applicable to companie8 sublert to the small companies, regime and in accordance wllh FRS 102 'The Flnanclal ReportSng Standard appliGable In the UK and Republic of Ireland" applylng SeGtion 1A of that star￿ard. Approved by the Board of Dlrectors and authorls•d for Issué on 3 D8cgmb8r 2024 and 8igngd on Its bohalf by Harv ctor Marle Reld Chalrperson The notes on pages 12 ID 17 f￿M part of th9 flnandal slat9m￿ts 11 Castlederg Childcare Services Limited IA company lirnitod by guarantO9, not havlng a share capltall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 GENERAL INFORNIATION Castlederg Childcare Services Limited is a company limited by guarantse incorporated in Northem Ireland. The registered office of the company is 48 Lurganbuoy Road, Castlederg, Co Tyrone. BT817HT whlch Is also the principal place of buslne5s of the company Tha flnanclal slat8m8nts have been presented in Pound {£) which is also the functional cunEncy of the company. SUMMARY OF SIGNIFICANT ACCOUNTING POUCIES The followlng accounting policles have been applled consistently In de8llng wlth Items which are considered material in relation to the charity'5 fin8nci81 statemenlB. Basls of proparatlon The financ181 stst&ments have been prepared on the going concern bas18 undgr the hi8torlcal cost eonv6ntion, modified to include cert8in Stsms at falr value. The financial statements hav9 be8n prepared in accordance with the Statemgnt of Rgcommended Practice ISORP) "Accounllng 8nd Reporting by Charities preparing thoir accounts in accordance wlth the Flnanclal Reporting Standard applicablo in the UK and Republic of Ireland FRS 102 applying SeGlion 1A of that Standard. As permltt6d by th8 Companie8 Act 2008, thè company has varied thè standard fomals In that act for the Statement of Flnanclal Activllies and the Balance Sheet. Dep8rture8 from the standard formats are to comply woth the iequiroments of the Charltles SORP and are in oompli8noe with Section 4.7, 10.6 and 15.2 of that SORP. Statement of compllance The financial slatemgnts of the company for the finandal year ended 31 December 2017 have been prepared on th6 going concern basls and In accordanc8 with the Statement of Recommended Practice ISORPI "Accountlng and Reporting by Charities preparlng thelr accounts in accordance wlth the Flnancial Reporting standard applicable In Ihg UK and Republic of Iréland FRS 102" applylng SoGllon 1A of that Standard. Incomlng Re8ourcèg Voluntary income or caplt8118 In¢luded In th& Statement of FSnanclal Actlvllle8 when the company IB legally enlltled to it, its finanGlal value can be quanllfied with reasonable certalnty and there is rea50nabl& certalnty of its ultimate receipt. Entitlerngnt lo legacios is consldared establlshed when the company has been notifled of a dl8lribution to be made by the exécutors. Income received in advance of du8 performance under a contract 1$ 8c¢ounted for ag def8rtBd Income until earned. Grants for aclivlll8s Sre recognlsad 85 Incom6 when the relatod conditions for legal enlluemant have been met. All other income is accounted for on an accruals basis. Regour¢es Expendèd All resources exp8ndgd 8re 8ccount8d for on an accruals basls. Charltable activltlas Include costs of seNlce$ and grants, support costs and d8preciation on related a88ets. Co818 of generating funds simll8rly include fundraising actlvitlès. Non-staff costs not attributed to one category of 8Ctivlty are allocated or apportioned pro-rata to tha slaffing of the felevanl serylce. Finanoe, HR, IT and admlnlstrative staff costs are directly atlribulabla to individual actlvlties by obj9clive. Governance costs are those assoGiat8d with conslitutlonal and statutory requirements. Tanglble flxed a8881g and depreeiation Tanglble fixed assets ar8 stated at cost or at valuation, less accumulal8d dapreciation. The charge lo depreclallon is calculatéd to wrlt8 off the original cost or valuation of tanglble fixed assets, le88 their oslimaled residual valu6, ovar their expected u8eful Ilves as follows- Land and buildings freehold Fixtures, fittings and gquipment Motor vehicles 4% Slrelght Ilne 200/0 Reducing balan 25¥0 Stralght line Dèbtors Debtors are recognisgd at tha settlement amount due aftér any dlscount offèred. Prepayments are valued at the amount prepaid nel of any trad8 discounts due. Income r8cogni8ed by the th8 company from government agencies and olhar co-ftjnders, but not yet recgived at y8ar end, is induded in d8btors. C88h at bank and In hand Cash al bank and in hand comprises ¢95h on deposlt al banks requiring less than three months notice of withdrawal. 12 continued Castlederg Childcare S8fviGes Limlted IA company lirnitod by guarantaa, not havlng a share capltsll NOTES TO THE FINANCIAL STATEMENTS for tho financlal year ended 31 March 2024 Taxatlon and deferred taxatlon ND current or def8rred taxation arises as the company ha5 been granted Charitable exemption. Irr6cover8ble valued added tsx is expensed as incurred. Deferred tax is recognisèd In rospe¢l of all liming dlffarencas that have originated but not reversed at the balance shaat dalo where Iransactlons or 6v8nls have occurred at that d81e that will result In an obligation to pay more tax in the futur8. or a right to pay lass tax in the future. Tlmlng dSfferences are lemporary dlffarences be￿een th8 compsnws taxable Income and its results as stated In the finaneAal statements. D8f8rred tax 18 me88ured on an undiscounted basis al the tax ratès that ara anticipated to apply in the periods in which tho timing difforences are expeclad to ravarse, based on tax rat&s and laws that have been enacted or subslanlivoly enacted by the balanca sheet date. INCOME CHARITABLE ACTIVITIES Unrestrl¢tod Restrlcted Fund8 Fundg 2024 2023 Grants from govornments and other co-fundors: Grants The Pathway Fund 19,372 27,150 19.372 27,150 28,401 27,500 48,622 46,522 55,901 OTHER TRADING ACTIVITIES Unre8trlct•d Re8trl¢tod Fund8 Funds 2024 2023 Childcare Fee8 216,512 216,512 185,694 EXPENDITURE RAISING FUNDS Dlrect Costs other Costs Support Costs 2024 2023 Chlldcare fe9$ 199,271 3,274 49,071 251,616 213,003 CHARITABLE ACTIVITIES Dlrecl Costs other Co8tg Support C08ts 2024 2023 Gran18 8,482 SUPPORT COSTS Cost of Raislng Funds 2024 2023 Activity costs Pr8mises costs Leg81 and professlonal G8neral Offi￿ expenses 22,018 10,998 9,618 6,441 22,018 10,996 9,616 6,441 35,768 9,548 6,158 (5,1551 49,071 49,071 46.319 13 continued Castlederg Childcare Services Limited {A eowpany Ilmlted by guaranteg, not havlng a sharo capllall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 ANALYSIS OF SUPPORT COSTS Basis of Apportlonment 2024 2023 Activity costs Premises costs Legal and professional General office expenses invoice invoice involce invoice 22,018 10.996 9.616 6,441 35,768 9,548 6.158 15,1551 49,071 46,319 WET INCOMING RESOURCES 2024 2023 Net Incomlng Rgsour¢o$ aro Stated after charglngl{¢redltlng): D8preclation of tangible assèts Grants receivable racelvéd Amortl8atlon of grants recelvable 3,234 145,0971 11,4261 4,082 154,1841 11,7371 INVESTMENT AND OTHER INCOME 2024 2023 Capital grants amortised- SEUPB Capital grants amortlsed - TSB Lloyds Capltal grgnls amortised - Award8 for 811 Capital Grants amortisgd- SDC Capltal grants amortlsed - Bdght start Capital grants amortised - Dard Capltal grants amortl8ed The P8thway Fund Revenue gr8nts- The Pathway Fund Rgvenue grants - Early Yoars Sustainability Fund Revenue grant- DCSDC CSF OCSDC Good Relations Grant Revenue grants- DFC Communty Fund Lotteries 231 14 999 244 17 1,249 66 67 39 27,160 83 84 49 27,500 7,677 3,691 2,978 12,318 2,000 2,000 3,947 10,000 46,622 55,901 EMPLOYEES AND REMUNERATION Number of employees The average number of person5 employed (Inoluding ex8CUtiv8 diroclors) durlng th8 financial year was as follows.. 2024 Number 2023 Numbor Admlnislrallon 16 18 The staff costs comprf8e'. 2024 2023 Wag88 and salaries Pension costs 183,01 S 5,963 166,696 3,161 188,978 169,857 14 continued Castlederg Childcare Services Llmited {A company Ilmltgd by guarantse, not havlng a Sharo capltall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 Marth 2024 TANGIBLE FIXED ASSETS Land and Flxtures, bulldlngs fitting5 and freehold equlpment Motor vehlcles Total Cost At 31 March 2024 4,565 38,878 5,450 48,891 Dèpraelatlon Al 1 April 2023 Charge for the financial ye8r 2,926 183 28,732 2,029 1,383 1.022 33,021 3,234 Al 31 March 2024 3,109 30,761 2,385 36,255 Nèt book value At 31 March 2024 1,456 3,066 12,636 At 31 March 2023 1,639 10,144 4,087 15,870 10. DEBTORS 2024 2023 Trade debtors Other debtors Prepayments and accrued income 15,183 17,000 2,589 8,420 19,188 2,807 34,772 28,415 11. CREDITORS Amounts falllng duo wlthln one year 2024 2023 Bank ovordrafts Trade credltors Taxation and social 6ecurity costs Other orgditors Accruals and deferred incom8 582 1,576 1,958 3,387 1,920 838 558 1,687 4,189 1,920 9,423 9,192 Sgcurily- Per8onal1gtter of guarantee for £6.000 from diroctors 12. GRANTS RECEIVABLE 2024 2023 Capltal grants rocelvod and rocelvabla Al 1 April 2023 73,746 73,746 Amortlsatlon At 1 April 2023 Amortlsed in financial yaar {64,222) <1,4251 162,485) {1,737} At 31 March 2024 (65.6471 {64,2221 Net book value At 31 March 2024 8,099 9,524 At 1 April 2023 9,524 11,261 15 continued Castlederg Childcare Services Limited IA company limifod by guarantee, not havlng a share Gapltsll NOTES TO THE FINANCIAL STATEMENTS for the finanGial year ended 31 M8rch 2D24 RESERVES 13. 2024 2023 At the beginning of the year Surplus for the flnanclal year 60.871 11,418 40,761 20,110 At the end of tho yaar 72,289 60,871 14. FUNDS 14.1 RECONCILIATION OF MOVEMENT IN FUNDS Unr•strlcted Rgstrlcted Fund8 Funde Total Fund$ At 1 April 2022 Movement during the financlal year 34,895 31.096 6,066 110,9861 40,761 20.110 At 31 March 2023 Movement durlng the financial year 65.791 313 14,9201 11,105 60,871 11,418 At 31 March 2024 66,104 6,186 72,289 14.2 ANALYSIS OF MOVEMENTS ON FUNDS Balanco 1 Aprll 2023 In¢om• Expendlture Trnnsfers bètween fund8 Balance 31 March 2024 ReBtrlcted funds Department for tha Economy Capital grants The Pathway Fund Community Support Ftsnd Community Fund Lotterle8 3,947 1,425 27,150 4,000 10,000 3,947 (6,8731 (5,4481 27,150 4,320 1,953 1,833 10,000 (4,9201 46,522 35,417 6.185 Unrostrlcted fundg Childcare fees 65,791 216,512 216,199 66,104 Totsl funds 60,871 263,034 251,616 72,289 15. STATUS The company18 limlted by guarantse not having 8 Share capital. The ligbillty of the members Is limited. Every membar of the company undertake5 to contrlbut8 to the assets of the company In the event of Its being wound up whlle they are membgrs. or withln one year thereafter, for the payment of the debts and118billties of the company contracted bofore they ceased to be m8mbers, and the Costs, charges and oxpenses of windlng up. and for the adjustment of thg rights of the contributors among themselves, such amount as may be r￿uired, nol exceeding £ 1. RELATED PARTY TRANSACTIONS 16. 18 contlnued Castlederg Childcare Services Limited (A Company Ilmitod by guarantee, not hav5ng a share capltall NOTES TO THE FINANCIAL STATEMENTS for the financial year ènd8d 31 March 2024 Castlederg Childc8re Services Limited pald Churchtown Community As80¢iation £6.650 12023.. £3,900) re management fees. Castlederg Childcar8 S8rvic8s Limiled T8￿1Ved £43212023.. £2,330} from Churchtown Communlty AssociatEon durlng the year r8 WOTkshops. Castlederg Childcare Sérvic88 Limited made payments lo chu￿htown Property Management Limited of £5,496 regarding rent {2023'. £4,128). No rent is owed at the year end to Churchlown Property Management Limll8d. C8stléd8rg Childcare se￿Ice$ Lirnlted, Chur¢htown Community As50ciat6on and Churchtown Property Management Llmited comprise slmilar management 17. POST-BALANCE SHEET EVENTS There havè baén no significant events affecting th8 Charity since the finandal year*nd. 17 CASTLEDERG CHILDCARE SERVICES LIMITED IA company Ilmlted by gu&ranteo, not havlng a sharè oapltsl> SUPPLEMENTARY INFORMATION ELATING TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024 18 Castlederg Childcare Services Limited IA company Ilmlted by guaranteè, not havlng a share capital) SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS Operatlng Statement for tha financial year ended 31 Mareh 2024 2024 2023 In¢ome Childcare fees 216,512 185,694 216,512 185,694 Expgn8&8 Wages and salar18S Staff defined contrbbutlon penslon ¢osts Staff training Pu￿haS6 of materials, food Management fa8 CSF expenditure DCSDC Good Relations expenditure Parent Engagement Programme Awards for All Exp8nditure Rent payable Insurance Lighl and hèat Repairs and maintenance Printing. p08tsge gnd ststionery Motor expense5 Accountancy Bank charges General expen598 Deprgclatlon 183,015 5,963 2.670 16,771 6,650 4,320 166,696 3,161 1.837 13.500 3,900 3,696 4,000 1,023 6,509 6.496 3,130 4,744 756 1,03B 718 2,618 177 4,810 3,234 4,128 3,348 4.710 710 894 2,258 226 2,455 4,082 261,616 221,485 Mlscellanoous Income Capllal grants amortised - SEUPB Capital grants amortlsed - TSB Lloyds Capital grants amortised Awards for all Capital Granls amortised- SDC Capital grants amortised- Br￿h1 Slart Capit81 grants amortised - Dard Capital grants amortised The Pathway Fund Revenug grants - The Pathway Fund R8v&nue grants - Early Years Sustainabillty Fund Revénue grant- DCSDC CSF DCSDC Good Relatlons Grant Revenu& grants- DFC Community Fund Lotterles 231 14 999 244 17 1,249 66 87 39 27,150 83 84 49 27,500 7,677 3,691 2,978 12,318 2,000 2,000 3,947 10,000 46,522 55,901 Nat 8urplus 11,418 20,110 The supplem&ntary infomation does not form p8rt of the financial statements 19