•oW eo PAOTrA Trustees, Report and Unaudited Financlal Statements for the year ended 31 July 2023 CCNI Charity Registration number: NIC107105
Ralnbow Corner Pre-Sth00l and Playgroup Contents For the year ended 31 July 2023 Page Trustees, Annual Report Statement of trustees, responsibilities Independent Examiner's Report Statement of Financial Activitle5 Balance Sheet Notes to the financial statements 10-15
Ralnbow Corner Pre-school and Playgroup Trustees, Annual Report For the year ended 31 Jufy 2023 The trustees present their port and financial statements for the year ending 31 July 2023. Other Names The charity is at times referred to as vaTiOUS Other names relevent to its registered charty name: - Rainbow Corner Pre-school & Playgroup Moira - Rainbow Corner Moira - Rainbow Corner Pr&School - Rainbow Corner Playgroup - the acronym RCPP Reference and Admlnlstratlve Detslls Rainbow Corner Pre-school and Playgroup 2 Maln Street Moira Craigavon BT67 OLE Registered Charity in Northem Ireland - NIC107105 Charlty Trustees The charity trustees who served during the year or who were trustees at the date of thts pOrt were: Nlcola Stevenson Natalie Beggs Samantha Martin Caroline Henderson Owen Gawith Rachael Stoddart Danlela Mediondo de Lima Alison McLorn Alison Watson Emma McGreevy Chairperson Secretary TreaSur {appointed 25 September 2023) (appointed 25 September 2023) (appointed 25 September 2023) {appointed 25 September 2023) (resigned 11 August 20231 (resigned 15 August 20231 (resigned 10 September 20231 Structure, Governan and Management Those charged with governance of the charity are the trustees also known as the Commlttee, as elected annually by the staff and family members of pupils, are charged with the management of the charity. The charity staff organise the day to day running of the pre-school and playgroup. The charity's governin8 document is the Constitution. To be elected as a trustee of the charty a person must be a member. The committee is rtrelected each year at the AGM. Nominations for electlons to the committee may be made by any family member of the students and seconded by another. Well-wishers of the charity who. in the opinion of the committee, have special knowledge or experience to offer to the charity, may also be nominated for election to the commitee. Members of staff cannot be committee members. The committee must hold at least two meetings every term.
Rainbow Corner Pre-school and Playgroup Trustees, Annual Report For the year ended 31 July 2023 Purpose The trustees seek to promote play based learning environments and advance education for all children aged between 2 years and 10 months to 4 years in the Moira locality and its surrounding areas within County Armagh / Down without distinction of age, gender. marital status. disability, sexual orientation, nationality, ethnic identity, political or religious opinion, by associating the ststutory authortties, communty and voluntary organisations and the inhabitants in a common effort to advance education, and in particular This is achieved by the provislon of safe and satisfying group play, with the right of pants/carers to take responsibility for and to become involved in the activities of the pre-school and playgroup and to promote the preservation of health of the children. The charity $upirts the values and principles of EaTly Years. The property and funds of the charty must onty be used to fulfill the purposes. Objectives and Activitles Rainbow Corner Pre-school and Playgroup will dellver the benefrts detsiled in our Public Benefit statement through a curriculum that will be planned to ensure that the children learn and develop within the six areas of the curriculum. the arts; language development; earty mathematical experiences. personal, social and emotional development, physical development and movement and the world around us. Obser4ations and assessrnents of each child's development will take place, relevant planning will be carried out to ensure the provision is sufficient to further advance this evidential learnlng. Through a continuous process of evaluation the trustees will carry out plans necessary for improvement of the children's educational provision. This process will include regular staff meetings, ongoing training, support from local primary schools and the Early Years Organisation. We also seek feedback from parental intervlews and questionnalres, inspectlons carried out, recommendations and support given by Social Services and the Education and Training Inspectorate. Achlevements During the year the pre-school received grants from the Educatlon Authority which were primarily used to pay the wages and salaries of the charity. rent, running costs, etc. The stsff also organised the annual sponsored cycle to raise funds for the charity and collected termty contributions from parents. These funds were used for the daily snacks forthe children and to purchase equipment and resources for the pre-school. The stsff and committee also ofganised other fundraising actNtties throughout the year for the pre-school and playgroup children and their families. These included rdffles and the summer fair. We are very grateful to the Rainbow Corner families for their continued support.
Rainbow Comer Pre-school and Playgroup Trustses. Annual Report For the year ended 31 Juty 2023 Flnanclal Revlew The total income for the charity for the year was £69,703. The charity's main source of income each year is from the Education Ahority which was £50.424 in respect of PEGS funding. The remaining Engage funding amounting to £2,912 was also received in the year (some wa5 received in the 2021122 academic year and remained unspent) and was spent on outdoor play refurbishments. Playgroup fees vary each year and this year amounted to £9,246 - a small amount of this Income which remain5 unpaid to date was written off. The weekky contributions amounted to £2,310 and our annual sponsored cycle and other fundraising activities achieved a total of £2.225. We are very grateful for the continued support of the family and friends of the children at Rainbow Corner Pre-school and Playgroup as these funds are essential in providing the children with new equipment regularly and different learning experiences. The expenses for the year amounted to £71.451. The main costs of the charity are stsff salaries and rent which together make up 76% of the annual costs. The majority of this portion of costs is covered by our Education Authority PEGS funding. We had the opportunity this year to invest in our outdoor space through the provision of additional funding from the Education Authority- this relates to about £7k of our resources, equipment and activities costs. The remaining running costs and governance costs a kept to a minimum to facilitate Investlng all available funds into the pre-school and playgroup for the sole benefrt of the children using the facility. Reserves The trustees assess the level of reserves on a contlnual basls to ensure that they a able to meet any commitments that could easitry arise. Publlc benefft statement The public benefrt requirement Is defined in the Charities Act (Northern Ireland) 2008 and states that purposes must be for the public benefrt to be charitable. The trustees confimi that they have complied with the duty to have regard to the guidance issued by the Charity Commission for Northern Ireland under section 41bl of the Charwties Act (the public benefit requirement statutory guidan¢e}. The trustees are confident that the activities have helped to achieve the chariWs purposes and provide a benefrt to the beneficiaries.
Ralnbow Corner Pre-sthool and Haygroup Trustees, Annual Report For the year ended 31 Juty 2023 The trustees present their financial statements for the charity for the year ended 31 Juty 2023. The financial statements have been prepared in accordance with the accounttng policies set out in note I to the accounts and comply with the Charities Act (Northern Ireland) 2(K)8, The Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 and Accounting and Reporting by Charities: SLitement of Recommended Practice applicable to charities {Charities SORP (FRS 102)) preparing their financial ststements. Trustees, responslbllltles In relatlon to the financlal ststements The charity trustees (who are known as the members of committee) a responsible for preparing a trustees, annual report and financial ststements in accordance with applicable law and United Kingdom Accounting Standards (United Klngdom Generalfy Accepted Accounting Practice). The law applicable to charltles In Northern Ireland requires the chartty trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing the financial statements, the trustees are required to." • select 5ultable accounting policies and then appty them consistently. • observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prudent; ' state whether applicable UK accounting standards have been followed. subject to any material departu disclosed and explained in the financial statements. prepare the financial statements on the going concern basis unless it is Inappropriate to pressume that the charity will contlnue In business. The trustees are responslble for keeping proper accounting record5 that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act (Northern Iland) 2008 and The Charities (Accounts and Reports) Regulations (Northern Ireland) 2015. They are also responsible for safeguarding the assets of the charty and taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charivs website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Approved by the trustees on 15 April 2024 and sned on their behalf by: Mrs N. Stevenson Chairperson Mrs S. Martin Treasurer