Ballinascreen Earl Years ort of the Trustees for the Year Ended 31 March 2023 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of 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 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims Ballinascreen Early Years aims to provide high quality care and education for children and a secure foundation for learning in an encouraging and nurturing environment, where there is an equality of opportunity and support for all and where staff and parents or carers work in close partnership. These aims are promoted through our key policies... Unique Child, Positive Relationships, Enabling Environments, Learning & Development, Safeguarding & Welfare and further development. Activities wlll be planned in advance in order to meet the curriculum and chlldren's specific needs. Continue to apply for grants to help with running costs etc, Continued communication with other professionals to exchange ideas and improve skills and continued professional development of staff. Public benefit Ballinascreen Early Years is a Pre-school Education Centre for children aged 3-5 years from all abilities and backgrounds. We deliver the highest standard of pre-school education through our experienced and highly trained staff, who come from different community backgrounds. Our active learning programme help develop children's personal, social and ernotional skills. A friendly and fun environment help children interact with others.'_ role play, games, reading, pictures and language are just some of the activities the children enjoy. The children's spirit of enquiry and openness to learning is developed at all levels with individual plans to meet individual needs. During the year we received funding to purchase outdoor equipment and toys which the children really enjoyed. This year we had 26 preschool children and 20 children in our sunshine room. It was great to see them develop their educational and personal skills over the year. There continues to be no private gain to any individual member. In setting our objectives and planning our activities for the year the trustees have given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the activities have helped to achieve the charity's purposes and provide a benefit to the beneficiaries. Page 1
Ballinascreen Earl Years Re ort of the Trustees for the Year Ended 31 March 2023 FINANCIAL REVIEW Financial position Funds 31.3.22 £79,716. (31.3.22 £67,955). Income Surplus in the year of £11,761. (31.3.22 £5,829) Strong financial controls are in place to ensure efficient use of cash resources and meeting every day costs etc. There is no reserves policy. Funds remain in a positive position. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Risk management The trustees have a duty to identify and revjew the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Weekly meetings are held with management and staff to plan the flow of work and given tasks etc. Feedback controls with staff and parents are maintained. Monthly meetings of the trustees and senior management take place to discuss the direction of the organisation, finances, funding,risks and other issues. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 641147 (Northern Ireland) Registered Charity number 106346 Registered office The Business Park Tobermore Road Draperstown Derry BT45 7AG Trustees Georgina Grieve Patrick Mcshane Alexandra Larkin (appointed 18.4.22) Andrew Mccutcheon (appointed 18.4.22) Company Secretary Page 2
Ballinascreen Earl Years Re ort of the Trustees for the Year Ended 31 March 2023 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner W MCGILLIAN & CO LTD Unit A2, Workspace 5-7 Tobermore Road Draperstown Derry BT45 7AG Bankers Ulster Bank 23 High Street Draperstown BT45 7AB Approved by order of the board of trustees on 6 December 2023 and signed on its behalf by: Georgina Grieve- Trustee Page 3