Charity Number.. NIC107976 Bluegrass Playelub Accounts for the year ended 30 June 2024
Bluegrass Playclub Contents Page Legal and Administrative Infom]ation Trustee's Report Tndependent Exaininers Report Statement of Financial Activities Balance sheet Notes to tlie accounts 7-10
Bluegrass Playclub Legal and Administrative Information Charity Name Bluegrass Playclub Charity Number NIC107976 Operatlonal Address Rosemount Resource Centre l A We5tway Derry BT48 9NT Trustees Blucgr#$s Playclub Christina Gallagher-chairperson Stacey Kavanagh Deirdre Kelly Kelly Coyle Anna Murray Laura Mc Cafferty Aishlinn Mc Daid Clare Thompson Accountants McGroarty Mccafferty & Company Ltd Accountants and Tax Consultants 2 Carlisle Terrace Derry, BT48 6JX Bankers Bank of Ireland 27 Culmore Road Derry BT48 8JB Page I
Bluegrass Playclub Trustee's Report Tlie Trustees present their report and the financial statements for the year ended 30 June 2024. Prlnclpal activity and obj¢¢tives The Bluegrass Playclub is an unicorporated entity governed by a written constitution. Through tlie provision of safe and cost-effective child care the playclub aims to advance the overall welfare of the cliildren in its care by promoting the education, welfare, health and full development of eacli child and guaranteeing tlie protection of each cliild from all kinds of hann. Trustces and tlicir intorosts The Inembers of the cliarity for tli¢ purposes of charity law and tlirougliout this report are collectively referred lo as ilie trustees. Tlie trustees serving during the year and since tlie year end were as follows: Christiiia Gallagher Stacey Kavanagh Deirdre Kelly Kelly Coyle Anna Murray Laura Mccafferty Aislilinn Mc Daid Clare Thompson The playclub is managed by a committee wliicli 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 sliall consist of tlie honorary officers, namely the chairperson, secretary and tre&surer, together witli not less tlian four and not Inorc than nine oth¢r m¢mb¢rs. Publie Benefit Tlie cliarity's management committee have complied with tlieir duty to liave due regard to tlie Nl Charity Commission's public benefit guidance wlien exercising any powers or duties to wliich the guidance is relevant. During the year the playclub provided a Iiappy, caring and safe environment for the children in its care and in providing Iliat cliild care also helped to promote tl)e development of positive self-esteein and self-confidence in the children who attend the play¢lub. Risk Management The truste¢5 have assessed the major risks to which the association is exposed, in particular tliose 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. FlnancfiaI review The financial perforniance is summarised in tlie enc105ed accounts. Plans for Future Periods The charity plans to continue tlie activities as outlined ablove in the forthcoming years subject to satisfactory funding arrangements. Page 2
Bluegrass Playclub Trustee's Report Continuod Statement of trustees, rcsponsibilities The trustees are reponsible for preparing the annual report and the financial statements in accordance with the applicable law and United Kingdom Generally Accepted Accounting Practice. The law applicable to charities in Nortliern Ireland requires the members to prepare financial statements that give a true and fair view of the state of affairs of the cl)arity at the end of tlie financial year and of its surplus or deficit in the financial year. In doing so the members are required to: select suitable accounting policies and apply tliem consistently¥ make judgeinents and estimates that are reasonable and prudent; prepare tlie fiiiaiicial statements on tlie going concern basis unless it is inappropriate to presume tliat the cliarity will continue in business. The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at uny time the financial position of the charity and enables Ihem to ensure that the financial 5tateiiieiits coinply with tlie Charities Act (Nortliern Ireland) 2008. The members are also responsible for safegucirding the &55ets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. A resolution will be proposed at the Annual General Meeting that McGroarty Mccafferty & Company Ltd be re-appointed as accountants for th¢ charity for th¢ ¢nsuing y¢ar. By Order of the Managemeiit Committee: Committee Member Date: 21 January 2025 Page 3
Bluegrass PIayclub Independent Examincr's report to the charity commiltce members of ljluegrass Playclub We report on the accounts of the cliarity for the year ended 30 June 2024, which are set out on pages 5 - 10. Respectlve responslbllitlos of Charity Comniittee members and examiner As the charity's niembers you are responsible for ilie preparation of the accounts in accordance with the Charities Act (Nortliern Ircland) 2008. It is our responsibility to: exainiiie the accounts under Section 65 of the Charities Act; follow tlie procedures laid down in the general Directions given by tlie Commission under Section 65(9) (b) of tlie Cliarities Act; state whetlicr particular matters have come to our attention. Basis of Independent examlner's report We have exainined your cliarity accounts as required under Section 65 of the Charities Act and our e.xic Ininic tion was carried out iii accordance witli the general Directions given by the Charity Commission for Nortliern Ireland under S¢ction 65 (9)(b) of the Charities Act. Our examination included a review of tlie accounting records kept by the charity and a comparison of the accounts presented ivith those records. It also included considerations of any unusual items or disclosures in tlic accounts, and s¢cking explanation from you as charity members concetning any sucli mattcrs. Our role 15 to state wliether any material matters have come to our attention giving us cause to believe: l. That accountiiig records were not kept in accordance with Section 63 of the Cl)arities Act. 2. That tlie accounts do iiot accord witli tliose accounting records. 3. That the accounts do not coinply with tlie accounting requireinents of the Charities Act. 4. Tliat there is furtlier information needed for a proper understanding of the accounts to be reached. Independent Exaniiner's Statement We liave completed our exainination and liave no concerns in respect of tlie matters 1 4 listed above and, in connection witli the following Directions of the Charity Commission Northern Ireland. we have found no matters that require drawing to your attention. McGroa ccaffcrty Account nts And Ta 2 Carlis Derry N Ireland BT48 6JX Co sultants injited Date: 21 January 2025 Page 4
Bluegrass Playclub Statement of Financial Activities for tho year ended 30 June 2024 Unrestrlcted Funds Restricted Funds 2024 2023 Incomo and Expenditure Incoming Resources Grants Received & Other Ii)coine 76,190 76,190 57,151 Total Incomlng Resourccs 76,190 76,190 57,151 Resources Expended Management & Adininistration 78,235 78,235 68,193 Total Resources Ei xpendcd 78,235 78,235 68,193 Net Incoming l (Outgolng) Resources I l. (2,045) (2,045) (11,042) Balances brouglit fonvard l July 2023 16,561 16,561 27,603 Balances Carried forward 30 June 2024 14,516 14,516 16,561 Tlie above ainounts relate to continuing operations of the organisation. The organisation has no recognised gains and losses otlier than tliose included in the results above and therefore no s¢parate statement of total recognised gains and losses has been presented. There is no difference between the net incoining resources for the year stated above and tlieir historical cost equivalents. Page 5
Bluegrass Playclub Balance sheet as at 30 Juno 2024 2024 2023 Notes Fixed assets Tangible assets 837 Current assets Debtors Cash at bank and in hand 2,634 12,696 1,000 16,683 15,330 17,683 Current liAbllltles Other creditors Accruals 238 576 179 1,780 10 814 1,959 Net current assets 14,516 15,724 Total assets less current Ilabfilitics 14,516 16,561 Represented by Unreslricted Restricted 14,516 16,561 14,516 16,561 We approve these accounts and confirirj that we have Inade available all relevant records and infonnation for tlieir preparation. tce Me mlttee Member Date: 21st January 2025 Date.. 21st January 2025 Page 6
Bluegrass Playclub Notes to the accounts for the year endcd 30 June 2024 Accounting policies The priilcipal accounting policies adopted in the preparation of the financial stateinents are set out below and have remained unclianged from the previous year, and also have been consistently applied witliin tlie same accouiits. 1.1. Accountlng conventlon The accounts are prepared under the historical cost convention modified when necessary, and in compliance with tlie Cliarities SORP (FRS 102). Income Incoine is mainly derived from grants aiid donations. Income (i) Grants Grants represents all amounts received and receivable during the year. Capital grants are released to tlie Statemeiit of Financial Activities in the year in whicli they are received in line with the Charities SORP (FRS 102). Revenue graiits are credited to the Statement of financial Activities in tlie year they are received. (li) Donations & administration income. This coinprises ainounts receivcd during the year. Expenditure (i) Direct Charitable Expenditure Tliis represents all expenditure directly atlributable to charitable causes. (li) Manageineiit & Adiniiiistration This includes all otlier expendituK not directly allocated above and a portion of the overhead costs attributable to maiiagement and administration. Tangiblo fixed assets and depreclatlon Tangible fixed assets arc stated at cost less depreciation. Depreciation is provided at rates calculated to writ¢ off tlie cost or valuation less residual value of each asset over its expected useful life, as follows: Fixtures, fittings and equipment 33.33 % Straight line Page 7
Bluegrass Playclub Notes to the accounts for the year ended 30 June 2024 Incomo The income of tlie association for the year just ended has been derived from grants from funders,donations and project income. 2024 2023 Restricted Ineome Unrestricted Incomo Child care fees 76,190 57,151 76,190 57,151 Total Income 76,190 57,151 (i) Restrictod Funds Funds received which are eamiarked by the Funder for specific purposes. Such purposes are within tlie overall aims of the organisation. (li) Unrestrlctcd Funds Funds whicli are expendable at the discretion of tlie association in furtherance of the aims of the charity. Iii addition funds may be held in order to finance capital investment and working capilal. Resourcos Expended Unrestricted Funds Restrlctcd Funds Total 2024 Total 2023 Management & Admlnistration Wages and salaries Insurance Postage, printing & stationery Teleplioiie & Internet Childcare Costs Accountancy fees Repairs & Maintenance Bank Fees & Interest Playgroup activitie5 Sundries Depreciation 62,541 860 I I I 469 6,818 672 1,449 219 4,225 34 837 62,541 860 I I I 469 6,818 672 1,449 219 4,225 34 837 57,279 800 196 579 5,020 500 113 330 1,279 1,260 837 78,235 78,235 68,193 Page 8
Bluegrass Playclub Notes to the accounts for the year ended 30 June 2024 Number of employees The av¢rag¢ monthly numbers of employees during the y¢ar, calculated on the basis of full time equivalents, was as follows: 2024 Number 2023 Number Employees 2024 2023 Salaries and wages 60,323 55,310 Taxatlon No charge to taxation is due as the association li&$ charitable status. Tanglble assets Equfipment Total Cost At l July 2023 10,840 10,840 At 30 June 2024 10,840 10,840 Depreciatlon At l July 2023 Cliarg¢ for the year 10,003 837 10,003 837 At 30 June 2024 10,840 10,840 Net book valuos At 30 June 2023 837 837 Debtors 2024 2023 Trade debtors Sundry debtors & Grants due 840 1,794 1,000 2,634 1,000 Page 9
Bluegrass Playclub Notes to the accounts for the year ended 30 June 2024 10. Cvrrent liabilities 2024 2023 Taxes and social security costs Accruals 238 576 179 1,780 814 1,959 11. Movements in Funds At l July Incoming Outgoing 2023 resourcos resources At 30 June 2024 Restrlcted funds: Total restricted funds Unrestricted funds: Total unrestricted funds 16,561 76,190 (78,235) 14,516 16,561 76,190 78,235 14,516 Purposes of Restrlcted Funds Restricted grants awarded to tlie charity is provided to cov¢r the ¢or¢ objects as explained in the report to th¢ manageinent cominitte¢. Page 10