**CLOGHER VALLEY PLAYGROUP (FORMERLY CLOGHER VALLEY FAMILY CENTRE LIMITED) TRUSTEES' REPORT** 

The trustees, who are also the directors of the company for the purposes of the Companies act 2006, present their report and financial statements for the period ended 31 August 2022. 

## **Objectives and activities** 

The principal objective of the company continued to be the enhancement and development of education of children under statutory school age through the provison of playgroup facilities and encouraging the study needs of such children and their families. 

During the year the company merged with Clogher Valley Playgroup, an unincorporated charity (Charity registration number: NI100302) which operates as a provider of pre-school education. Following the merger, the company changed its name to Clogher Valley Playgroup on 27 June 2022. 

## **Future developments** 

With effect from 1 September 2022, the company will oversee the operation of the pre-school education activities in order to achieve the efficient delivery of its principal activities. 

## **Structure and governance** 

The company is registered as a company limited by guarantee. It is constituted under articles of association adopted by the members on 27 June 2022. The company is registered as a charity with the Charity Commission for Northern Ireland. 

The oversight of the company is the responsibility of the trustees. The day to day management of the pre-school education is delegwetwed to a management committee, who are represented on the board of trustees. 

## **Trustees** 

The following directors have held office since 1 November 2021: 

Mrs G Boyd Mrs D Irvine Mrs B Boyd Mr S Robinson Mrs C Finnegan Mrs T Thompson 

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**CLOGHER VALLEY PLAYGROUP (FORMERLY CLOGHER VALLEY FAMILY CENTRE LIMITED) TRUSTEES' REPORT (Cont'd)** 

## **Statement of trustees' responsibilities** 

The trustees are responsible for preparing the finacial statements in accordance with applicable law and regulations. 

Company and charity law requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the finacial statements in accordance with United Kingdom Generally Accepted Accounting Practice. The financial statements are required by law to give a true and fair view of the state of affairs of the company and of the income and expenditure of the company for that period. In preparing those financial statements, the trustees are required to:- 

- select suitable accounting policies and then 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 company will continue in business. 

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. 

By order of the Board 

Mrs G Boyd 

**Secretary** 20 June 2023 

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