Greengables Preschool
Trustees Annual Report and Unaudited Financial Statements
for the year ended 31 August 2023
Registered Charity in Northern Ireland (NIC1069681
Pa6e l i

GREENGABLES PRESCHOOL
Financial Statements
Year ended 31 August 2023
Contents
TRUSTEES REPORT..
CHARITY REFERENCE AND ADMINISTRATIVE DETAILS.....
STRucfuRE, GOVERNANCE AND MANAGEMENT....,,,,.........
oBJE￿IVEs AND AcfiviTIES................,...............................................................,...................................
ACHIEVEMENTS AND PERFORMANCE......................................................................................................
FINANCIAL REVIEW.............................................................
INDEPENDENT EXAMINER,,.......,........................................,......... ................,.......................,..................
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF GREENGABLES PRESCHOOL...........,.............
STATEMENT OF FINANCIAL AcfiviTY (INCLUDING INCOME AND EXPENDITURE ACCOUNT)...................
BALANCE SHEEr..............................................,,..........,.................................................,...............,....... ......
NOTESTO THE ACCOUNTS........................................,........................,..........................................................

GREENGABLES PRESCHOOL
TRUSTEES REPORT
Year ended 31 August 2023
CHARITY REFERENCE AND ADMINISTRATIVE DETAILS
Registered charity name
Greengables Preschool
Charity registration number
NIC106968
Principal office
Greengables Playgroup
Class 3/4
Central Primary School
Thomas Street
Carrickfergus
BT38 8AL
The trustees
Nicola Lowry
Nikki Williamson
Katny Marshall
Emma Montgomery
June Redford
Alice Surgin
Carly Robb
IResigned 6 October 2Q22)
{Appointed 6 October 2022}
Independent examiner
Simon Hopper F.C.A.
Hopper & Co
6 Doagh Road
Ballyclare
BT39 9BG
STRucfuRE, GOVERNANCE AND MANAGEMENT
Greengables is an independent preschool b35ecl in Central Primary School right in the heart of the
community of Carrickfergus. Established in the 1980s, we have grown from a small playgroup 5ettin8
into 3 highly accomplished preschool with two morning classes ranging in age from 2 years 10 months to
4 years.
We are a registered charity (Charity number NIC 1069681 and are governed by a Trustee Board whose
members are named above.

GREENGABLES PRESCHOOL
TRUSTEES REPORT {cont'd}
Year ended 31 March 2023
OBJEcfivES AND AcfiviTIES
Our aim is to provide high quality pre-school education for children aged 2 year 10 months-4 years 11
months. We offer play-ba5ed learning over two classes following the pre-school curriculum. We provide
a wide range of activities to simulate the children's imagination, creativity, social, emotional & physical
development. The public benefit which comes from these activities is that it prepares each child for their
future education in primary School.
ACHIEVEMENTS AND PERFORMANCE
It has been a very productive year and we are happy to see twenty four children move confidently to
Primary l and another twenty children move into their pre-school year. We have had a wide range of
learning activities meeting the needs of all the children. They have included Poppin, Pilates, Musical
Monkeys, a trip to the farm, a visit from Sant3, Happy healthy Kids day and so much more. A great year.
FINANCIAL REVIEW
Greengables is financed mainly by EA Grants and fees paid by parents,
The results for the year are shown on page 6. A deficit of £9,91812022 - £3,346) has been returned
leaving reserves at the financial year end of £6,15712022 £16.075}.
INDEPENDENT EXAMINER
Hopper & Co., have indicated their willingness to remain in office and a resolution for their re-election
will be proposed at the forthcoming Annual General Meeting.
The trustee's annual report was approved on
trustees by:
askbl2.*........ and signed on behalf of the board of
Nicola Lowry

Trustee
GREENGABLES PRESCHOOL
INDEPENOENT EXAMINER'S REPORT TO THE TRUSTEES OF GREENGABLES PRESCHOOL
YEAR ENDED 31 AUGUST 23
I report on the financial statement5 of Greengables Preschool for the year ended 31st March 2023 which
are contained within the 2023 Annual Report.
Respertlve responsibilitie5 of trustees and independent examiner
Greengables Preschool's trustees are responsible for the preparation of the financial statement5 in
accordance with the terms of the Charities Act (Northern Ireland) 2008.
Greengables Presch Dol's trustees consider th at an audit is not required under section 65121 laudit) of
the Charities Act (Northern Ireland) 2008 for the year and that an independent examination under
section 6411) of the Charities Act (Northern Ireland} 2008 is required.
It is my responsibility to:
examine the accounts
to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out under Section 65 of the Charities Act (Northern Ireland) 2008. An
examination includes 3 review of the accounting records kept bythe Church and a comparison of the
financial statement5 presented with those records. It also includes consideration of any unusual items or
disclosure5 in the financial statements, and seeking explanations from the trustees concerning any such
matters. The procedures do not provide all the evidence that would be required in an audit, and
consequently I do not express an audit opinion on the view given by the financial statements.
INDEPENDENT EXAMINER'S STATEMENT
In the course of my examination, no matter has come to my attention:
{11 which gives me reasonable cause to believe that in any material respect the requirements:
to keep proper accounting records in accordance with Section 63 of the charities Act {Northern
Ireland) 2008, and
to prepare financial statements which accord with the accounting records in accordance with
Section 64 of the Charities Act (Northern Ireland) 2008 have not been met; or

GREENGABLES PRESCHOOL
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GREENGA8LES PRESCHOOL
YEAR ENDED 31 AUGUST 23
(21 to which. in my opinion, attention should be drawn in order to enable a proper understanding of the
financial statements to be reached.
S Hopper FCA
Partner
Hopper & Co

GREENGABLES PRESCHOOL
STATEMENT OF FINANCIAL AcfiviTY (INCLUDING INCOME AND EXPENDITURE ACCOUNT)
for the year ended 31 March 2023
Note
Unrestrirted
Funds
Restricted
Funds
Total
2023
Total
2022
Income from:
Donations and legacies
Cha rita ble Activities
Investment Income
59,527
24,487
59,527
24,487
62,510
22,232
Total Income
84,014
84,014
84,747
Expenditure on:
Charitable activities
93,932
93,932
88,093
Total Expenditure
93,932
93,932
88,093
Net Income
(9,9181
19,9181
13,3461
Net movement in funds
Funds brought forward
19,918)
16,075
(9,9181
16,075
13.3461
19,421
Funds carried forward
12
6,157
6.157
16.075
All income and expenditure derive from continuing activities.
The statement of financial activities includ n) 311 gai n s and losses recognised during the year.

GREENGABLES PRESCHOOL
BALANCE SHEET
A5 at 31 March 2023
Note
2023
2022
Fixed Assets
Tangible Fixed Assets
Total fixed a55ets
io
460
460
460
460
Current Assets
Cash and cash equivalents
Total current assets
7.377
7,377
17.294
17,294
Creditors: amounts falling due within one year
Total Creditors
li
1.680
1,680
1,680
1.680
Net Current Assets
5,697
15,614
Total Net Assets
6,157
16.074
Fund5 ofthe charity
Unrestricted funds
General funds
Total charity funds
12
6.157
6,157
16.075
16,075
These financial statements kvere approved bythe board of trustees and authorised for issue
on and are signed on behalf of the board by..
Nico13 Lowry
Trustee
The notes on pa8ey 9 to 19 form part of these financial statements.

GREENGABLES PRESCHOOL
NOTES TO THE ACCOUNTS
for the year ended 31 March 2023
I. ACCOUNTING POLICIES
General information
The charity constitutes a public benefit entity as defined by FRS 102. The Zddress of the principal office
is Central Primary School. Thomas Street, Carrickfergus. BT38 8AL.
Statement of compliance
The financial statements have been prepared in accordance ivith the accounting policies set out in
notes tothe financi31 statements and applicable accounting Standards, Accounting and Reporting by
Charities- Statement of Recommended Practice applicable to charities preparingtheir accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued
in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland {FRS102 Section IA), the charity's governing document, the Charities Act (Northern Ireland)
2008, Charities Act (Northern Ireland) 2013 The Charities (Accounts and Report51 Regulations (Northern
Ire13ndl 2015, and UK Generally Accepted Practice.
The financi31 statements are prepared on a going concern basis under the historical c05t convention.
The financial statements are prepared in sterling which is the functional currency of the charit¥ rounded
to the nearest £1.
The sign ificant accounting policies applied in the preparation of these financial statements a re set out
below. The trustee5 consider that these policies 3re sultable, have been consistently applied and are
supported by reasonable and prudentjudgements and estimates.
FUND ACCOUNTING
The charity has various types of funds iof kwhich it is responsible, and which require separate disclosure.
A definition of the various types of funds 15 35 follovJs-.
Restricted funds comprise {al income from endowments which is to be expended only on the restricted
purposes intended bythe donor and Ibl revenue donations or grants for a specific charitable activity
intended by the donor. Where these funds have unspent balances, interest on their pooled investment
is apportioned to the individual funds on an average balance basis.

GREENGABLES PRESCHOOL
NOTES TO THE ACCOUNTS Icont'd}
31 March 2023
Unrestricted funds are funds which are expendable at the discretion of the Charity in furtherance of its
objectives. In addition to expenditure on activitie5 such funds may be held in orderto finance capital
investment and working capital.
Designated funds are general funds set aside by the trustees for use in the future.
INCOMING RESOURCES
All incoming resources are included in the Statement of Financial Activities {SoFAI when the charity is
leg311y entitled to the income after 6ny performance condiLions have been met, the amount can be
measured reSi3bly, and it Is probable that the income Nvill be received.
For donations to be recognised the charity will have been notified ofthe amounts and the settlement
date in ¥'iritin
If there are conditions attached to the donation and thi5 requires a level of performance
before entitlenent can be obtained. then income is deferred unti5 those conditioiis are fully met or the
fulfilment of those conditions is within the control of the charity, ar,d it is probable tlia, they will be
fulfilled.
Voluntary income received by way of donations and gift is credited to revenue on 3 receivable b3SIS.
The charity receive5 grants in respect of support services. Income from governnient and other grants are
recognised at fair value Kvhen the charity h35 entitleMe￿t after any perform3nce conditions have been
met, it is probable that the income ivill be received, and the amount can be measured reliably.
If entitlement is not met, then these amounts are deferred. Re￿enue grants are credited to incoming
resources on the earlier date of ivhen they are recèived or bvhen they are receivable unless they relate
to a specified future period.
Other income represents income that cannot be reported under the other analysis heading5 provided
withir, the SOFA.
Incoming resources with related expenditure
Where incoming resources have related expenditure las with insurance proceeds) the incoming
resources and related expenditure are reported gr055 in the SOFA.
10 I

GREENGABLES PRESCHOOL
NOTES TO THE ACCOUNTS Iconyd)
31 March 2023
Grants and donatlons
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to
the resources.
Tax reclaims on donations and gifts
Incoming resources from tax reclaims are included in the SOFA at the same time 3S the gift to which they
relate.
{iv)
Contractual income and performance related grants
Thi5 is only included in the SOFA once the related goods or service5 have been delivered.
(v)
Gifts in kind
Gifts in kind are accounted for at a reason3ble estimate of their value to the charity or the amount
actually reali5ed. Gift5 in kind for sale or distribution are included in the accounts as gifts only when sold
or distributed bythe charity. Gifts in kind for use by the charity are included in the SOFA as incoming
resources when receivable.
(vi)
Donated services and facilities
These are only included in incoming resources (with an equivalent amount in resources expended)
where the benefit to the charity is reasonably quantifiable. measurable and material. The value place on
these resources is the estimated value to the charity of the service or facility received.
(vii)
Investment income
This is included in the accou nts in the period to which it relate5.
{viii) Investment gains and losses
This includes any gain or loss on the sale of investments and any gain or1055 resulting from revaluing
investments to market value at the end of the year.
EXPENDITURE AND LIABILITIES
All expenditure is accounted for on an accrua15 basis and has been classified uiider headings that
aggregate all costs related to the category. It is categorised under the following headings:
Expendilure on charitable aciivities ftomprises those costs incLfrred by the charity in the delivery
cf it5 activities and services for its beneficiaries and includes salary costs, support service
expenses. and an apportionment of support costs:
Other expenditure represents those items not falling into the categories above.

GREENGABLES PRESCHOOL
NOTES TO THE ACCOUNTS Icont'd)
31 March 2023
Liability recognition
Liabilities are recognised where there is a legal or constructive obligation to make payments to third
parties, it is probable that the settlement will be required, and the amount of the obligation can be
measured reliably.
Governance costs
These are Shown within charitable activities and include the costs of preparation and examination of
3ccounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or
Constitutional matters.
Grants with performance conditions
Where the charity gives a grant with conditions for its payment being a specific level of service or output
to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided
the specified service or output.
(iv)
Grants payable without performance conditions
These are only recognised in the accounts when a commitment has been made and there are no
conditions to be met relating to the grant which remain in the control of the charity.
{vl
Support costs
Support costs are those that assist the work of the charity but do not di rectly represent charitable
activities and include office costs, governance costs a nd administrative payroll cost5.
They are incurred directly in support of expenditure on the objects of the charity. Where support Costs
Cannot be directly attributed to particular headings, they have been allocated to cost of raising funds
and expenditure on charitable activitie5 on a basis consistent with use of the resources. Premises
overheads have been allocated on a basis consistent with the Lise of the resources. Staff costs and
other overheads h3ve been allocated based on time spent, per capita and activity.
Employee benefit5
When employees have rendered service to the charity, 5holt-term einployee benefits to which the
employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for
that serb'ice.
Value Added Tax
The charity is not registered for VAT purpose5, therefore expenditure is s4own gross of VAT.
12 |

GREENGABLES PRESCHOOL
NOTES TO THE ACCOUNTS Icont'd}
31 March 2023
A55ETS
Tangible Fixed Assets
The cost of tangib le fixed assets is their purchase cost, togeth er with anii incidental costs of acquisition.
Depreciation is calculated so as to write off the cost of tangible fixed assets, less their estimated residual
values, on 3 Straight-line basis over the expected usefu l econoftiic lives of the assets concerned. The
principal annual rates used are 35 follows:
Equipment
IOOA Reducing balcince
In accordance with FRS102, assets under construction are not depreciated until such times as they are
available for use.
Where the recoverable amount of a fixed asset is found to be below its net book value, the asset Is
written down 10 the recoverable figure and the loss on impairment is recognised in the SOFA.
Investment5
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other
investment assets are included at trustees, best estimate of market value.
Leases
Rentals payable under operating leases are charaed to the SOFA on a straight_line basis over the period
of the lease.
Tax
The cliarity benefits from various exeniptions arforded by tax legislation. It is therefore not liable to
corporation tax on income or gains falling due ivithin those exemptions. Recovery is made of tax
deducted from receipts under gift aid.
Going concern
Tlie financial statements have been prepared on a going coiicern basis as the trustees believe that no
material uncertainties exist. The trustees have considered the level of '
lunds held and the expected level
of income and expenditure foi- 12 months froin authori5ing these financial statements. The budgeted
income and expenditure is sufficient with the level of reserve5 for the charity to be able to continue as a
going concern.
Judgements and key sources of estimation uncertainty
The follobvingjudgements including those involving estimates have been made in the process of
applying
he above accounting policies that have had the most significant effect on the amounts
recognised in the financial ttatements and that have a significaiit risk of causing a material adjustment
to the carrying amounts of assets and liabilities within the next financial year..
131

GREENGABLES PRESCHOOL
NOTES TO THE ACCOUNTS Icont'd)
31 August 2023
depreciation method and asset tjseful lives
The estimates and 3SSLtmptions are reviekved oli an ongoing basis considering the current and future
market conditions.
2. DONATIONS AND LEGACIES
Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Donations
EA Funding
59,527
59,527
62,510
59,527
59,527
62,510
3. CHARITABLE AcfiviTIES
Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Playgroup Fee5
Fundraising
Sale of sweatshirt/uniforms
21,675
2,267
545
21,675
2,267
545
21,119
325
788
24,487
24,487
22.232

GREENGABLES PRESCHOOL
NOTES TO THE ACCOUNTS Icont'd)
31 August 2023
4. INVESTMENT INCOME
Unrestricted
Fund5
Restricted
Funds
Total
2023
Total
2022
Bank Interest Receivable
5. EXPENDITURE ON CHARITABLE ACTIVITIES BY AcfiiviTY TYPE
Unrestrirted
Funds
Restricted
Funds
Total
2023
Total
2022
M3in Activity
Governance costs
92,660
1,272
92,660
1,272
86,393
1,700
93,932
93,932
88,093
15 |

GREENGABLE PRESCHOOL
NOTES TO THE ACCOUNTS Icont'd)
31 March 2023
13. ANALYSIS OF NEf Asstrs BETWEEN FUNDS
Unrestricted Funds Restricted Funds
Total
2023
Fixed Assets
Net Current Assets
460
5,697
460
5,697
6,157
6,157
Unrestricted Funds Restricted Funds
Total
2022
Fixed Assets
Net Current Assets
460
15,614
460
15.614
16,074
16,074
14. FINANCIAL COMMITMENT
No contracts had been placed for future capital expenditure at the balance sheet date
15. ETHICAL STANDARDS
In common with many other organisations of our size and nature, we use our independent examiner to
prepare and assist in the preparation of the financial statements. Additionally, they manage our payroll.
16. RELATED PARTIE5
There were no related party transaction5 during the year12022.. £Nill.
191

GREENGABLES PRESCHOOL
NOTES TO THE ACCOUNTS Icont'd)
31 August 2023
6. ANALYSIS OF SUPPORT COSTS
Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Purchases
Wages/salaries
Rent
Running Costs
Repairs & Maintenance
Insurance
Bank Charges
Administration Cost5
Gifts and Donations
7,878
76,853
3,400
2,930
7,878
76.853
3,400
2,930
9,659
69,763
3,400
2,022
150
448
79
607
265
538
iii
950
538
iii
950
92,660
92,660
86,393
7. INDEPENDENT EXAMINATION FEES
Total
2023
Total
2022
Fees payable to independent examiner for-
Independent examination of the financial statements
840
840
8. TRUSTEES REMUNERATION AND EXPENSES
The average head count of employee during the year was 7 {2022: 71
No employee received employee benefits of more than £60.000 during the ye3r12022: Nil)
9. TRUSTEES REMUNERATION AND EXPENSES
The Trustees received no remuneration from the charity during the current or preceding financial years.

GREENGABLE PRESCHOOL
NOTES TO TFIE ACCOUNTS (cont'd)
31 March 2023
10. TANGIBLE FIXED AssErs
Fixtures
& Fittings
Cost
At beginning of the year
Additions
Disposals
At end of the year
460
460
Depreciation
At beginning of the year
Depreciation
Disposals
At end of the year
Net book value at beginning of the year
Net book value at end of the year
460
460
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Total
2023
Total
2022
Accruals & Deferred income
1,680
1,680
171

GREENGABLES PRESCHOOL
NOTES TO THE ACCOUNTS {cont'd}
31 August 2023
12. FUND BALANCES
Funds 2023
Balance at
start
Income
Expenditu Surplus / Transfer
re
(Deflcitl
Balance
at end
Unrestrirted Funds
General fund
16,075
84,014
193,932) 19,918}
6,157
Total
16,075
84.014
(93,9321 {9,9181
6,157
Funds 2022
Balance at
start
Income Expenditu Surplus / Transfer
re
(Deficit)
Balance
at end
Unrestritted Funds
General fund
19,421
84,747
188,093) 13,3461
16,075
Total
19.421
84.747
(88,0931 13,3461
16,075
181