Charity Number: 106842 Little Friends Playgroup Annual Report and Unaudited Financial Statements for the financial year ended 31 August 2023 Little Friends Playgroup CONTENTS Page Reference and Administrative Information Trustees. Report Independent Examiner's Report Financial Statements Notes to the Financial Statements Supplemenlary Information relating lo the Financial Statements Little Friends Playgroup REFERENCE AND ADMINISTRATIVE INFORMATION Trustees Philippa Figlding (Appointed 1 Soplomber 20221 Clara Maybin M2riosa Kerlin Kara Harkin Mary Qiiinn IAppoinlod 1 Seplambar 20221 Helen O'Neill (Appointed 1 oeplember 20221 Karen Green IAppoinled 1 Sepleinbor 20221 Majella Mcclean (Appointed 1 Seplombor 20221 Toni McElhallon {Appoinled 1 Seplèfflber 20221 Siobhan Nuq8nl IAppoinled 1 September 20221 Llaire Kelly jR8signgd 1 September 20221 Tracoy O'N@ill (Resignod 1 Soplombor 2022) Tracey Bowes (Resigned 1 September 20221 Tanya Milcholl (Resiqned I Seplomboi 20221 Kathy McKnighl (Resigned 1 Soplembor 20221 Jessica Mccrossan (Resigned 1 September 20221 Cldiie Wi15011 (Resigiied 1 September 20221 Charity Number In Northern Ireland 106842 Principal Address Slralhroy Community C@nlrÈ Slralhroy Omagh Co Tyrone 8T79 7XE Independent Examiner Michael Drumm FCCA 30d Gorlin Road Co Tyrone 8T79 7HX Principal Bankers Danske Bank PO Box 183 Doneqall Square Wesl 8ellas1 Co Anlrim 8T16JS Little Friends Playgroup TRUSTEES. REPORT for the liriaiicial year ended 31 August 2023 The Irusletrs present th8ir TTusl8gs' R8POrt and the unaudited financial s121emenls foi tho financial year ended 31 August 2023. The financial slalemenls are prepared in accordance with the Charities Act (Northern Ireland) 2008. FRS 102 "The Financial Roporiing Standard applicablo in the UK and Ropublic of Ireland" and Accounting and Roporling by Charili@s'. Slaletnenl of Recommended Praclice applicablp lo charities preparing their financial slalem&nls in accoidance with the Financial Reportt'ng Slandard applicable in the UK and Republic ol Ireland IFRS 1021. Tho Trustees. Repoil Lonlains the infoirnaliun fLquiied lo be provided in Ihe TiuslLJey' Annual Report under Ihe Slalemenl of Recommended Practice ISORPI guidelines. The Irusle8s ol th8 company are also charity Iruslees lor the purpos8 01 charily law and under the company's conslilulion are known as members of the board ol Iruslees. In this report the Iruslees ol Litlle Friends Playgroup present a sumniary of ils purpose, governance, aclivilies, achiÉv8tn8nls and financgs for the financial financial year 31 August 2023. Th8 charity is a registered charity and hence the report and results are presented in a lorm which complies with thè requiramonls ol Ihe Charities Act (Northorn Ireland) 2008 and, although not obliged lo comply with the olalemenl ol Recommended Praclico applicable in the UK and Republic of Ireland FRS 102, the organisalion has implemenlod ils recommendations where relevant in these financial slalemenls. Mlsslon. Objectives and Strategy ObJectives Lillle Friends Playgroup operal8s 5 days a w8ek for 4 hours a day. We work closely with parents and oarer5 in helping them lo b8coinB involv@d williin the playgroup and planned aclivilios. We are an opon and inclusive playgroup wlieie childrèn, parenls and families are al the centre ol our agenda. We comply with DOE learning curriculuni applying the 6 aroas of loarning in oui" dailylwoekly planning and obsorvalions so Ihal through play and a wide rango ol aclivilios Ilie childr8n are given 8v8ry chanc8 lo Ire8ly explore, experinienl and invesligale learning experiences and opporlunilies. Th9 aim of Iho group is lo enhanc¢) tho dE)velopmonl and education of children ijnder slalulory school age by encouraging parenlslgiiardians lo understand and providè the needs ol Ihoir children by.. lal Offering Appropiiale play lacililies. willi the iiglil of Pcireiilslcdiers lo Idke re5poiisibilily lor aiid lo becume involved in the aGlivilieb ol Ihe group, gnsuiin(J that Ilie group olleis uppoilunilies lur dll childieri. regardless ol religioii, cullure. 12ce dnd rrieans. Ibl. Encouraging Iho study ol Iho noods ol such childron and Ihoir lamilics and promoting publiG interest in and rocognilioii ol such needs of such Ghildien and their laniilies in the IoGal aiea. Icl. Suppori Ihe values and principlos ol fharly years. structure, Governance and Management Structure The Iruslees who setved during the year are as follows.. Clara Maybin Maiiesa K8din Kara Harkin Mary Quinn Helen O'Neill Karen Green Majolla Mccleaii Toni McElhallon Siobhan Nugenl Philippa Fielding In awordanco wilh tho Conslilulion, the Irusloos retire by rolalion and, being oligible, oller Ihomselvos lor ro-eleclion. During the year, Ilie Iruslees meet monthly lo organise. plan and review aclivilies. All cheques are signed by two Irusloes for accounlabilily. Review of Actlvltles, Achlevements and Pertonnance During the year, the Playgroup organised various activities and trips as follow.. Christmas fatnily lun day Trips lo Aladdin's Kingdom and Glenpark Forest Park. Throughout the year we did somè fund-raising Christmas bonus ball Easter draw Craft lair Flnanclal Revlew Tho linaiicial resiills lor the year are Sel out on page 7. Little Friends Playgroup TRUSTEES. REPORT loi" Iho financial yoar entjed 31 August 2023 Results and Dlvldends Al Ihe and ol the financial year the charily has assets of £42,095 12022 - £46.7291 and liabilities ol £0.00 12022 £0.00). Tho ncl assols of tho Gharily have docroasod by £14.6341. Reference and Adminlstrative details The reforpncp And admini%lralion infnrmalinn of Ihp charity can be round on page 3. In acLoi'ddfiGe willi Ilie Conslilulion, the IIu51ees reliie by roialioii and, being eligiblg, offeT IheiTiyelves lur ie-ulèclion. Compliance with Sector-wlde Legislation and Standards Th(4 rharily (4ngdggs pro-acliv8ly willi logi8ldlion, slandards and Lodas which are develnpod lai" Iliu seLlor. Lilllo Friends Playqroup subscribes lo and is compliant with the following.. Tho Charities SORP IFRS 1021 Public Beneftt statement Thiough purposo IA) we benelil the public Ihrough provision ol pre-stihoo5 education lor children lo develop a range ol lile skills. sell-improvemei)I, self-esleem. sell confidence and ii)dependenl skills by providing a play basèd learning onvironmenl in which children of all race, ability, culture, gendor and religion can access the pre-school cuiriculum and have Ilie uppoiluiiilieb lo roduli Ilieii lull polerilidl. Through purpose IBI we increase knowledge ol local setvic88, and reducèd isolalion for par8nls, carers, grandparents and child-rrTinders who allend the group wilh their children. Through purpose ICI Staff b8ngfil from training opportunities Ih218nsble Ihem lo develop individual capabilities and understanding to SUPPOTI the children s learning & devolopmenl. Sludenls benefit from training placements enabling Ihein lo dovelop prdclical skills in Cliil(Jcaro. TliosL, buTrofiis dlii ovidenl 11)iouyli coi)linuJl Jssossm&nl of Lliildron by slafl, assessment ol staff by managofflenl, parent le@dback. Eaily Years advisor and regular evaluation of the service by Social Sgrvices and Ihe Education and Trainiiig InspeLluiJle No liaiin arises Iroin Ihese purpL)ses. The beneficiarios aro Ih@ childrgn and lamilios conneclod lo playgroup living in Slralhroy and surrounding aroas. Approved by Ihe Board of Trustees on 9 April 2024 and signed on Its behalf by: Phillppa Fleldlng Trustee Helen O'Neill Trustee Little Friends Playgroup INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF LITTLE FRIENDS PLAYGROUP We have examined tho financial slalomonls ol tho charity for the financial year ended 31 Augusl 2023, which comprise the Financial Slalemenls and the related notes. This report 18 madp. 8olply lo tho charily'.q mpmbpr8, as a body. in accordanco with the Chariti85 Act INorthern Ireland) 2008. Our work has been undertaken so that we might compile the financicil stalgmgnls that w8 have bsen engaged lo coriipilg, iepuil lu Ilie 8uaid ol Ti uslee5 Ihdl we have done so, arid slate Ihose mallgis Ilidl we liave ayreed lo slate lo them in this report and for no other purpose. To Ihg fullest exlenl permilled by law, we do not accept OT assume responsibilily lo anyone other than the charity and the charity's members, as a body, lor our work, or for this rei)uil. Respective responslbllltles of trustees and examlner The charity's Irusleos aro rosponsiblo lor tho proparalioii ol Ihe linancial slalomonls in accordancg with tho requiretnonls ol the Charities Act (Northern Ireland) 2008. The charity's Irusleos considèr that an audit is not required for Ihis financial ygar under the Charities Act INorll)ern Ireland) 2008 and Ihal an independent examination is rèquired. 11 is uui respL)risibilily lu.. examine the financial slalemenls under section 65 of the Charitiés Act., follow the procedures laid down by the general Dirèctions givgn by the Charity Commission for Northern Iroland undèr section 651gllbl of the Charities Acl-, and slalo whether particular mallers have come lo our allenlion. Basls of independent examineff s report Wo lilh?.r tho xccounls prèsonl a 'lruo and lair. vigw and Ilio roporl is limited lo Ihoso mallors sol out in the slaletnenl bolow. In conno¢lion with oiir examination, no maller has come lo our allenlion which gives us rauso lo believ(4 that in. any malorial respÈcl- accounling records were not kept in accordance with section 63 01 the Charities Acl the financial slalemenls do not accord with Ihoso accounting records 1119 firiai)Glcil slaleiTien15 have Iiol been piepaied in accordanc,e with the Slal8m8nl ol Rocommendod Praclico applicable lo charities preparing Iheir accounts in accordancg with Ihg Financial Reporting Standard applicable in the UK and Repijblic ol Ireland IFF Slalomonl of Rocommonded Praclico ISORPI "Accounting and Reporting by Charilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Ropublic of Ireland FRS 102" applyino SeGlion 1A ol Ihal Standard. Incoming Resources Vo5iinlary income or capital is included in the Slalemenl ol Financial Aclivilies when the charity is legally Iililled lo il. ils linc111Lial vJluo L¢ir) qudiilified willi reasuiidblv tiorldirily , HR, IT and adtninislralive stall costs are diieGIIy allribulable lo individual activities by objective. Goveinance costs are those associated with conslilulional and slalulory requirements. Cash at bank and In hand Cash al bank and in hand comprises cash on deposit al banks requiring less than three months nolice ol withdrawal. Taxation and deferred taxation No Gurrenl or doferred laxalion arises as Ihe charity has been granled charitable exemption. Irrecoverable valued addad lax is oxpon8ed as iricurigd. Deferred lax is rgcognisod in respecl ol all liming diff@rences Ihal have oiiginaled bul not reversod al Ihe balanco shBel dale where Iransaclions or events have occurred al that dale Ihal will result in an obligation lo pay more lax in the lulure, or a riqhl lo pay less lax in the liiluie. Timing differences are temporary differences belwoon Iho company's taxable profils and ils results as slated in the financial slalomonls. Deferred lax is m@asur8d on an undiscounled basis al the lax ralgs that are anlicipaled lo apply in Ihg periods in which the liming dillerencgs aro oxpecled lo reverse, based on lax ralos and laws that have been ènaclod or subslanlively enacted by the balance sheet dale. Little Friends Playgroup NOTES TO THE FINANCIAL STATEMENTS continued for Ihe fiiiancial yéar onded 31 August 2023 ANALYSIS OF PAYMENTS AND RELATED INCOME FOR CHARITABLE ACT]VIMES Education Total Authorlty 2023 Total 2023 2022 Charitable activities: Direct and other payments Costs 134,0391 134,0391 155,8511 SUPPORT PAYMENTS Offlce Costs 2023 Total 2023 Total 2022 Office costs 625 625 628 EMPLOYEES AND REMUNERAnON Number of employees The av8rag9 numbor of persons employed (including executive Irusleesl during the financial year was as follows-. 2023 Number 2022 Number Playgroup Leaders The slaff costs comprise.. 2023 2022 Wages and salaiios 43.491 37.135 RESERVES 2023 2022 Al Ihe beginning ol Ihf3 yèxr (Delicilllsurplus loi the financial yeai 46.729 14,6341 32,179 14,550 Al the ond ol tho yoar 42,095 46.729 FUNDS ANALYSIS OF NET ASSETS BY FUND CUr￿￿t assets Tolal Unr@slricled general funds 42.095 42,095 42,095 42,095 POST-BALANCE SHEET EVENTS There have been no significant ev8nl8 affecling the Charily sinc9 Ihe financial year-end. LIThLE FRIENDS PLAYGROUP SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2023 10 Little Friends Playgroup SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS Qperaling Slalemenl far tho linanrial yoar gnd8d 31 Augii812023 2023 2022 Income Education Aulhoiily Fees & Fundraising HSBC Grant Grant receivgd Early Years Grant 28,872 2,107 32,002 2.095 615 10,QOO 27,121 20,479 51,458 71,833 Expenses Wage8 and salariès Staff Iraininq Reiil c)Iid IiedliiTry Expendable malorials Early Yoars momborship and services Trip Insurance Prinling, postage and slalionery Advertising Telephone Bank charoes Gonoral expenses 43,491 330 2,341 7.015 949 522 554 404 37.135 2.859 2.393 11,001 804 1.490 443 543 215 25 71 390 185 215 56,092 57.283 Net Ideficit)Isurplus 14,6341 The supplementary information does not form part oi the financial slalemenls