Registered Number: N1642900 Charity registration number: 106777 HMRC eharity reference: EW94304 St John's Bright Start (a company limited by guarantee) Trnstees, report and financial statements for the year ended 31 December 2023
St John's Bright Start (a company limited by guarantee) Trustees, report and annual financial statements for the year eDded 31 December 2023 Page(s) Reference and administration inforniation Trustees, Report Independent examiner's rewjrt Statement of fllwicial activities Statement of financial position Not¢s to the financial statcmcnts 7-10
St John's Bright Start (a company limited by guarnDtee) Reference and administration information Trustees Fiona Kearney Bernadette McEldowney Sarah McNicholl Sheena Mccullagh John Patrick Kearney (appointed 9 February 2023) Martin Patrick Turner (appointed 9 February 2023) Reglstered number N1642900 Charity Commission number 106777 Registered Office St John's Primary School 30 Moneysharyin Road Swatragh Maghera Co. Derry BT46 SPY Bankers Bank of Ireland I l Market Street Magherafelt Co. Derry BT45 6EE
St John's Bright Start (a company limited by guarantee) Trustees, report for the year ended 31 December 2023 The tnte¢S present their report and the uTJaudited financial statements of the charity for the year ended 31 December 2023 which cornplies with the requirements for a directors. report and accounts under the Companies Act 2006. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS 102) in preparing the annual report and financial statements of the charity. Reference and administrative details Details of registered office, directors l trustees, and independent advisers given on page l. Structurej governance and maDagement St John's Bright Start was incorporated by guarantee on 29 December 2016. It has no share capital and is recognised as a charity by the Charity Commission and HM Revenue and Customs. The guarantee of each member is limited to £1. The governing document 15 the memorandum and articles of association. Trustees of the charity The trustees of the charity are Tts directors for the purposes of company law. The tteeS who seryed during the year ended 31 December 2022 and up to the date of signing were as follows: Fiona Kearney Bernadette McEldowney Sarah McNicholl Sheena Mccullagh Martin Turner (appointed 9 February 2023) Paul Kearney (appointsd 9 February 2023) Membership shall be open to persons aged eighfren years or older who hav¢ an interest in furthering the Objects of th¢ charity and whose applications for membership have been approved by the directors. Public Benefit Statsment The public benefit requirement is defmed in the Charities Act (Northern Ireland) 2008 and states that purposes must be for the public benefit to be charitable. The trustees confirni that they have complied with the duty to have regard to the guidance issued by the Charity Commission for Northern Ireland under section 4(b) of the Charities Act (the public benefit requirement statutory guidance). The trustees are confident that the activities have helped to achieve the charity's purposes and provide a benefit to the beneficiaries. Objectives and activities The charity's objectives are: To enhance the social and personal developmenL education, health and wellbeing of school age children, regardless of religion, culture, race, means or ability, by providing high quality and affordable daily child care facilities for pupils at St. John's Primary School and those from other schools in the Swatragh I Magheia are and its environs. and To facilitafr parents or carers of school age children to engage in education, training and employment opportunities. Achievements and perforniance The tllte¢S are satisfied with the results for the year and the year end p)sition of the charity. They are hope1 that contributions will increase next year.
St John's Bright Start (a company limited by guarantee) Trustees, report for the year ended 31st December 2023 (continued) Financial review The results of the year are llY set out in the statement of financial activities. Funds held as custodian trustee on behalcof others The charity holds no funds as custodian trustees on behalf of others. Stydtement of trustees, responsibilities in respect of the financial statements The trustees (who are also directors for the pury)oses of company law) are responsible for preparing the trustee5' annual report and the financial sÉatements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each year. Under that law the trustees have prepared the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of the affairs of the charitable company and of the incoming resources and application of resources. including the incorne and expenditure, of the charitable company for that period. In preparing these financial statements, the trustee5 are required to: select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prudent" slate whether applicable accounting stsndard5 have been followe subject to any material departures disclosed and explained in the fmancial 51atements' and prepare the financial statements on the going concern b&sis unless it is inappropriate to presume that the charity will continue in operation. The trusfres are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small companies exemption This report has been pr¢pared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. Signed on behalf of the board of trustees on Fiona Keam Trustee
St John's Bright Start (a company limited by guarantee) Independent examiner's report for the year ended 31st December 2023 Independent examinerfs report to th¢ trnstees of St John's Bright stsrt I report on the aCCots of the charity for the year ended 31* December 2023 which are set oirt on pages 5 - 10. Respethe re5PODsibilities of trnslees and &m]nerS As the charity's trustee5 you are responsible for the preparation of the accounts in accordance with the Charities A¢t (Northern Ireland) 2008. It is my responsibility to: Examin¢ the accounts under section 65 of the Charities A¢ Follow the procedures laid down in the general Dirertions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Acl: and State whether particular matters have come to my attention. Bgsis of iDdepeodeDt examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was cTled out in accordance with the genera] directi4)ns giv¢n by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities ACL My examination included a review of the accounting re¢ords kl by the charity and a comparison of th¢ accounts presented with those reds. It also included consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as charity directorthust¢es conrxrning any such matteT5. My role is to state whether any material matters have come to my attention giving me cause to believe: l. that accounting records were not kept in accordance with se¢tion 63 of the Charities Act: 2. the accounts do not accord with those accounting records: 3. that the accounts do not compty with the accounting requirements of th¢ Charities Acl and 4. that there is further inforniation n¢¢ded for a proper understanding of the acUnts to be reache(L Independent examiner'j stalement I have completed my examination and have no concerns in respect of the matters (l) to (4) listed above and, in conncclion WTth following dirertions of the Ch8rrty Commission for Northern Irelan I have found no rnatters ihat require drawing to your attention. Kerry Brennan Chartered Accountant 19C Hillside Road Maghera
St John?s Bright Start (a company limited by guarantee) Statement of financial activities (including income and expenditure account) for the year ended 31 December 2023 2023 Unrestricted funds 2023 Rotricted fund5 2023 2022 Total Unrestricted funds funds 2022 Restricted funds 2022 Total funds Note Ineoming resources Income from charitable activities 29,555 29,555 28,652 28,652 Total incoming resources 29,555 29555 28,652 28,652 Resources expended Cost of charitable activities 18,595 1&595 18.351 18.351 Total resources expended 18,595 18.595 18,351 18.351 Net ineoming/(outgoing) resources 10.960 10.960 10,301 10.301 Fund balances brought forward 27,900 27,900 17,599 17.599 Fund balances Carried forward 38,860 38 2?.9(M) 27.900 All incoming resources and resowces expended in the year presented above are derived from continuing operations. The statement of fmancial activities includes all gains and losses in the year.
St John's Bright Start (a compydny limited by guarantee) Statement of financial position as at 31st December 2023 2023 2022 Note Current assets Debtors Cash at bank and in hand Total current assets 39.231 39,231 28,312 28J12 Creditors: amounts falling due within one year io 371 412 Net current assets 38.860 27.900 Total assets less current liabilities 38,860 27,900 Net assets 27.900 Funds of the charity Restricfrd funds Unrestricted funds Total Charity runds li 38.860 27,900 In preparing these financial statements: (a) the directors are of the opinion that the company is entitled to exemption frorn. audit under Article 257A of the Companies (Northern Ireland) Order 1986. (b) no notice has been deposited under Article 257B(2) by a member requiring an audiL in relation to the financial Statements for the financial year. (c) the directors acknowledge their responsibility for: (a) ensuring that th¢ company keeps proper accounting records in accordance with Section 386.of the Companies Act 2006. and. (b) preparing financial statements which give a tsue and fair view of the state of affairs of the company as at the end of the year and of its surplus for the fmancial year in accordance with the requirements of Section 396 and which otherwise comply with the requirement5 of the Companies Act 2(K)6 relating to the fmancial stdtements, so far &s applicable to the company. These flnancial statements have been prepared and delivered in accordance with the provi5ion5 applicable to companies subject to the small companies, regime and in accordance with Section IA FRS102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" The financial statements were approved by the board on F), and were signed on its behalf by: F Kearney Trustee Registration Number: N1642900 The notes on pages 7 to 10 forni part of these unaudited financial statements.
St John's Bright Start (a company limited by guarantee) 5t Notes to the financial statements for the year ended 31 December 2023 l. General information The charity is a company limited by guardntee incorpordted in Northern Ireland. The company's registration number is NL642900 and the address of its registered office is St John's Primary School, 30 Moneysharvin Road, Swatragh, Magher4 Co. Derry, BT46 SPY. 2. Statement of compliance The financial statements of St John's Bright Start have been prepared in compliance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective March 2018 (Charities SORP (FRS 102)), the Charities Act (Trlorthern Ireland) 2008 and the Companies Act 2006. 3. Summary of significant accounting policies The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented. unless otherwise stated. (a) Basis of preparation These financial statements are prepared on the going concern basis under the historical cost convention. The trustees have prepared the financial statements on the going concern basis, giving careful consideration to the results during the financial year. St John's Bright Start meets the definition of a public benefit entity under FRS 102. Assets and liabilitie5 are initially recognised at historical cost and transaction value unless otherwise stafrd in the relevant accounting policy note(s). the financial statements are prepared on a going concern basis. Taking account of the risk review undertaken by the tNstees they do not consider there to be a risk to the going concern status of the charity. (b) Cash and cash equivalents Cash and cash equivalents includes cash in hand and deposits held at call with banks. (e) Debtors Debtors are stated after all known bad debts have been written off and specific provision h&s been rnade against all debts considered doubtful of collection. (d) Incoming Resourcos All incoming resources are included in the Statement of Financial Activitie5 when the charity is legally entitled to income and the amount can be quantified with reasonable accuracy. (e) Resourees Expended Expenditure is accounted for on an accruals basis and h&s been classified under headings that aggregate all cost related to the category. Wl)ere costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. (D Governance costs Governance costs include those costs incurred in the governance of its assets which are associated with constitutional and statutory requirements. (g) Allocation and apportiODment of costs All costs relate to the single activity of the charitable company and are recognised accordingly.
St John's Bright Start (a COD]pany limited by guarantee) Notes to the financial statements for the year ended 31st Decernber 2022 (continued) (h) Fund Accounting The company has various types of funds for which it is responsible and which requires separate disclosure. A definition of the various types of fund is as follows: Restricted Fund5 Restricted fund5 are to be used for specific purposes as laid down by the donor. Expenditure which meet these criteria is identified to the funlt together with a fair allocation of overhead and support costs. Unrestricted funds General fimds are amounts received or generated and which are expendable at the discretion of the company in furtherdnce of its objectives. (i) Taxation The charitable company is exempt from corp)rdtion tax on its charitable activities. 4. Critical judgements and estimations of uncertainty Estimates and judgements are continually evaluated and are based on historical experience and other factors including expectstions of tUre events that are believed to be reasonable under the circumstances. Crilicaljudgements in apptying the enlity's accomnlingpolicies There are no critical judgements in applying the charity's accounting policies. Critical accounling eslimales and 4MMlonS There are no critical accounting estimates and assumptions. 5. Legal status of the charity The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1. 6. Income from charitable activities 2023 2023 Restricted Unrestricted funds funds 2023 2022 2022 Total Restricted Unrestricted funds funds funds 2022 Total funds DOH SPPG (previously HSCB) Early Years Other income 5.766 5,766 7,049 2,229 19.374 28.652 7,049 2,229 19.374 28.652 23.789 29.555 23,789 29555
St John's Bright Start (a Company limited by guarantee) Notes to the financial statements fo.r the year ended 31st December 2023 (continued) 7. Cost of charitable activities 2023 2023 Restricted Unrestricted fim(Ls funds 2023 2022 2022 Total Restricted Unrestricted funds funds nds Total funds 2022 Cosls directly allocated to activities Staff costs Staff training Resources Professional fees Bookkeeping Insurance Rent Registration fees Food expenses Bank fees 13.392 ROO 668 728 108 521 1,677 35 1,028 75 18.332 13J92 loo 668 728 14,191 14,191 108 502 1,512 75 1,619 81 18,087 108 502 1,512 75 1,619 81 18.087 521 1,677 35 1,028 75 18J32 Governance costs Accountancy 263 263 263 263 263 263 263 263 18.595 18,595 18.351 18,351 8. Net incoming l (outgoing) resources 2023 2022 This is stated after charging: Staff costs (Note 9) Fees payable to the independent examiner l3J92 263 14,191 263 9. Analysis of staff costs 2023 2022 Staff costs Wages and salaries 13J92 13,392 14,191 14,191 The average monthly number of persons employed by the company during the year was 3 (2021: 3). There were no employees who received employee benefits (excluding employer pension costs) of more than £60,000. The trustees did not receive any emoluments during the year.
St John's Bright Start (a company limited by guarantee) Notes to the finaneial statements for the year ended 31$t December 2023 (continued) 10. Creditors: amounts falling dlle within oiie year 2023 2022 Other taxes and social security costs Accruals and deferred income 149 263 412 371 371 I l. Fund reconciliation Unrestricted Funds Opening Income Balance Expenditure Trnnsfers Closing Balance General funds 27,900 29,555 (18.595) 38,860 27,9(Kl 29J55 I895 38,860