Charity Number: XR20748 Charity Number: NIC107976 Bluegrass Playclub Accounts for thc year ended 30 June 2022
Bluegrass Playclub Contents Page Legal and Administrative Infonnation Committee Report Independent Examiners Report Statement of Financial Activities Balance slieet Notes to the accounts 7-10
Bluegrass Playclub Legal and Administrative Information Charity Name Bluegrass Play¢lub Charity Numbor XR20748 NIC107976 Operatlonal Address Rosemount Resource Centre l A Westway Derry BT48 9NT Trustee5 Bluegrass PIAyclub Christina Gallagher-chairperson Saiidra Sweeney-Se¢retary Deborah Wi150n-Treasurer Orlaith Ward Miclielle Brennan Keith Swerdlick Pauline Herron Stacey Kavanagh Accountants McGroarty Mccafferty & Company Ltd Accountants and Tax Consultants 2 Carlisle Terrace Derry, BT48 6JX Bankers Bank of Ireland 27 Culinore Road Derry BT48 8JB Page I
Bluegrass PIayclub Report of The Management Committee The Management Committee present their report and the financial statements for the year ended 30 June 2022. Princlpal activity and objectivos The Bluegrass Playclub is an unicorporated entity governed by a written constitution. Tlirough the provision of safe and cost-effective child care the playclub aims to advance the overall welfare of the children in its care by promoting the education, welfare, health and full development of each cliild and guaranteeing the protection of each child from all kinds of harm. Managemont Committee The members of the charity for the purposes of charity law and throughout this report are collectively referred to as the trustees. The members serving during the year and since the year end were as follows: Christina Gallaglier Sandra Sweeney Deborali Wilson Pauline Herron Orlaith Ward Michelle Brennan Keith Swerdlick Stacey Kavanagh The playclub is managed by a committee which meets at least three times a year and which is responsible for ensuring that the playclub complies with it's aims and is properly managed. The committee shall consist of tlie honorary officers, namely the chairperson, secr¢tary and treasurer, together with not l¢ss tlian four and not more tlian nine other m¢mbers. Public Benefit Tlie charity's management committee have Complied with their duty to have due regard to the NI Charity Commission's public benefit guidance when exercising any powers or duties to which the guidance is relevant. During tlie year the playclub provided a happy, caring and safe environment for the children in its care and in providing tliat cliild care also lielped to promote the development of positive self-esteem and self-confidence in the children who attend the playclub. Risk Management Tlie members have assessed the major risks to wliich the association is exposed, in particular those related to the operations and finances of the association, and are satisfied that systems are in place to mitigate the exposure to the major risks. Ffinancial revicw The financial perfom]ance is summarised in the enclosed Ydccounts. Plans for Future Periods The charity plans to continue the activities as outlined ablove in the forthcoming years subject to satisfactory funding arrangements. Page 2
Bluegrass Playclub Report of The Management Committee Continued Members Responslbilities In Relation To Tho Flnancial Statements Tlie members are reponsible for preparing the annual report and the financial statements in accordance with the applicable law and United Kingdom Generally Accepted Accounting Practice. Tlie law applicable to charities in Northern Ireland requies the members to prepare financial statements that give a true and fair view of the state of affairs of the charity at the end of the financial year and of its surplus or deficit in tlie financial year. In doing so the members are required to: select suitable accounting policies and apply them consistently; make judgements and estimates that are reasonable and prudent; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The members are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply witli the Charities Act (Northern Ireland) 2008. The members are also responsible for safeguarding the assets of tlie charity und hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Indepcndent Examiner A resolution will be proposed at the Annual General Meeting that McGroarty Mccafferty & Company Ltd be rc-appointed as accountants for the charity for the ensuing year. By Order of the Management Committee: Committee Member Date: Page 3
Bluegrass Playclub Independent Examiner's report to the charity committee members of Bluegrass Playclub We report on the accounts of the ¢hariÉy for the year ended 30 June 2022, which are set out on pages 5 - 10. Respectlve responsibilities of charity committoo members and examlner As the cliarity's members you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is our responsibility to: examine the accounts under Section 65 of the Charities Act. follow the procedures laid down in the general Directions given by the Commission under Section 65(9) (b) of the Charities Act; state wlietlier particular matters have come to our attention. Basls of Independent examlner's report We have exainined your charity accounts as required under Section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charity Commission for Nortliern Ireland under Section 65 (9)(b) of the Charities Act, Our examination included a review of the accounting records kept by the charity and a comparison of the accounts presented witli those records. It also included considerations of any unusual items or disclosures in the accounts, and seeking explanation from you as cliarity memb¢rs concerning any such matters. Our role is to stat¢ whether any material matters have come to our attention giving us cause to believe: l. That accounting records were not kept in accordance witli Section 63 of tlie Charities Act. 2. That the accounts do not accord with those accounting records. 3. That the accounts do not comply with the accounting requirements of the Charities Act. 4. That there is further infomation needed for a proper understanding of the accounts to be reached. Independent Ei xaminer's Statoment We have completed our examination and have no concerns in respect of the matters 1- 4 listed above and, in connection with the following Directions of the Charity Commission Northern Ireland. we have found no matters iliat require drawing to your attention. Mccroarty Mecaffcrty & Company Limited Accountants and Tax Consultants 2 Carlisle Terrace Derry N Ireland BT48 6JX Date: Page 4
Bluegrass Playclub Statement of Financial Activities for the year ended 30 June 2022 Unrestricted Funds Restrietcd Funds 2022 2021 Incomo and Expenditure Incoming Resources Grants Received & Other Income 69,636 1,416 71,052 69,606 Total Incoming Resources 69,636 1,416 71,052 69,606 Resoure¢s Expended Management & Administration 67,809 1,416 69,225 62,304 Total Resources Expended 67,809 1,416 69,225 62,304 Net Incoming / (Outgolng) Resources 1,827 1,827 7,302 Balances brought forward l July 2021 25,776 25,776 18,474 Balances carried forward 30 June 2022 27,603 27,603 25,776 The above amounts relate to continuing operations of the group. The orgaiiisation h&8 no reco8nised gains and losses other than those included in the results above and therefore no separate stllteinent of total recognised gains and losses has been presented. There is no difference between the net incoming resources for the year stated above and their historical cost equivalents. Page 5
Bluegrass Playclub Balance sheet as At 30 June 2022 2022 2021 Notcs Fixed asscts Tangible assets 1,674 501 Current assets Debtors Cash at bank and in hand 800 27,134 1,050 26,507 27,934 27,557 Current liabilities Other creditors Accruals 225 1,780 412 1,870 2,005 2,282 Net current assets 25,929 25,275 Total assets less current li#bilitAcs 27,603 25,776 Represented by Unrestricted Restricted 27,603 25,776 We approve tliese accounts and confim that we have made available all relevant records and inforination for their preparalion. Committeo Member Com itt¢¢ M ber 07 Date: Page 6
Bluegrass Playclub Notes to the accounts for the year ended 30 June 2022 Accounting policies The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts. 1.1. Accounting convention The accounls are prepared under the liistorical cost convention modified when necessary> and in compliance witli the Charities SORP (FRS 102). 1.2. Income Income is mainly derived from grants and donations. Income (i) Grants Grants represents all amounts received and receivable during the year. Capital grants are released to tlie Statement of Financial Activities In the yeur in which they are received in line with the Charities SORP (FRS 102). Revenue grants are credited to the Statement of Financial Activities in the year they are received. (li) Donations & administration income. This comprises amounts received during the year. Expenditure (i) Direct Charitable Expenditure Tliis represents all expenditure directly attributable to charitable causes. (li) Management & Administration This includes all other expenditure not directly allocated above and a portion of tlie overhead costs attributable to management and administration. Tangible fixed assets and deprecllltlon Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less residual valuc of each asset over its expected useful lif¢, as follows: Fixtures, fittings and equipment 33.330/0 Straight line Page 7
Bluegrass Playclub Notes to the accounts for the year ended 30 June 2022 Income 2022 2021 Restricted Ineomo HSCB Government grants 1,416 400 4,021 1,416 4,42 I Unrestricted Income Child care fees Early Years Covid Grants 65,178 4,458 54,896 10,289 69,636 65,185 Total Income 71,052 69,606 (i) Restricted Funds Funds received which are earmarked by the Funder for specific purposes. Such purposes are vithin the overall aims of the organisation. (11) Unrcslricted Funds Funds which are expendable at the discretion of the association in furtheranc¢ of the aims of tlie cliarity. In addition funds may be held in order to finance capital investment and working capital. Page 8
Bluegrass Playclub Notes to the accounts for th¢ year ended 30 June 2022 Resources Expended Unrestricted Funds Restri¢ted Funds Total 2022 Total 2021 Management & Administration Wages and salaries Rent costs Insurance Postage, printing & stationery Teleplione & Internet Heat & Liglit Childcarc Costs Accountancy Fees Repairs & Maintenance Bank Fees & Interest Playgroup activities Sundrics Depreciation 50,467 50,467 40,723 2,500 1,401 1,820 161 408 1,820 161 408 151 5,675 800 32 328 6,695 85 1.338 5,675 800 32 328 8,111 85 1,338 11,984 800 1,926 250 1,825 251 493 1,416 67.809 1,416 69,225 62,304 Tangiblc assets Equipment Total Cost At l July 2021 Additions 8,329 2,511 8,329 2.511 At 30 June 2022 10,840 10,840 Depreclatlon At l July 2021 Charge for the year 7,828 1,338 7,828 1,338 At 30 June 2022 9,166 9,166 Net book values At 30 June 2022 1,674 1,674 At 30 June 2021 501 501 Page 9
Bluegrass Playclub Notes to the accounts for the year ended 30 June 2022 Debtors 2022 2021 Trade debtors Prepayments and accrued income 800 1,050 800 1,050 Current liabilities 2022 2021 T¢S and social security costs Accruals 225 1,780 412 1,870 2,005 2,282 Movements in Funds At l July Incomlng Outgoing 2021 resource5 resources At 30 June 2022 Restrlcted funds: Total restricted funds Unrestricted funds: Total unrestricted funds 1,416 1,416 25,776 69,636 67,809 27,603 25,776 71,052 (69,225) 27,603 Purpose5 of Restricted Funds Restricted grants awarded to the charity is provided to cover the core objects as explained in the report to the management committee. Page 10