Charity Number: NIC109147
Treehouse Creche
Accounts
for the year ended 31 March 2025
Treehouse Creche
| Contents | ||
|---|---|---|
| Page | ||
| Legal and Administrative Information | 1 | |
| Trustee's Report | 2 - 3 | |
| Independent Examiners Report | 4 | |
| Statement of Financial Activities | 5 | |
| Balance Sheet | 6 | |
| Notes to the accounts | 7 - 9 |
Treehouse Creche
Legal and Administrative Information
Charity Name Treehouse Creche Charity Number NIC109147 Operational Address 1A Westway Derry N Ireland BT48 8EN Charity Trustees Michael McCafferty (Chairperson) Stephen Cooley Cathy McClafferty Lesley Hager (Secretary) Sandra Sweeney Tina Lynch Jacqueline Power Accountants McGroarty McCafferty & Company Ltd Accountants & Tax Consultants 2 Carlisle Terrace Derry BT48 6JX Bankers Bank of Ireland 27 Culmore Road Derry BT48 8JB
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Treehouse Creche
Trustee's Report
The trustees present their report and the financial statements for the year ended 31 March 2025.
Principal activity and objectives
The Association is established to provide safe and affordable childcare in an area of deprivation, by providing the children a friendly place to go to improve their social and interaction skills and give parents and carers the opportunity to work, at training or return to education, with the assurance that their children are well cared for.
Trustees and their interests
The members of the charity for the purposes of charity law and throughout this report are collectively referred to as the trustees.
The trustees serving during the year and since the year end were as follows:
Michael McCafferty (Chairperson) Lesley Hager (Secretary) Stephen Cooley Sandra Sweeney Cathy McClafferty Tina Lynch Jacqueline Power
Governing Document
The organisation is an unincorporated Association with charitable status. The Association was established under a Constitution which outlined the area of benefit and the objects of the charitable organisation and is governed under its Constitution.
Recruitment and appointment of the management committee
The management committee of the Association consists of seven members and shall meet at least nine times a year. The members of the management committee shall have the power to appoint any member of the Association to be a member of the management committee, either to fill a casual vacancy or as an addition to the existing members. Any member may withdraw from the Association at any time giving at least fourteen day's notice to the Association.
Risk Management
The trustees have assessed the major risks to which 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.
Financial review
The Management Committee is empowered to receive money in the form of subscriptions, grants and donations and to raise money by other lawful means. All money raised for the Association shall be used to further the objectives of the Association and for no other purpose.
Plans for Future Periods
The association plans to continue to develop on the activities as outlined above in the forthcoming years subject to satisfactory funding arrangements.
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Treehouse Creche
Statement of trustees' responsibilities
The trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
The law applicable to charities in Northern Ireland requires the members to prepare financial statements for each financial year that give a true and fair view of the state of the affairs of the charity at the end of the financial year and of its surplus or deficit for the financial year. In doing so the trustees are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP 2019;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees 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 with the Charities Act (Northern Ireland) 2008.The trustees are also responsible for safeguarding the assets 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 Independent Examiners to the charity for the ensuing year.
By Order of the Management Committee
Committee member____
Date: 13 November 2025
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Treehouse Creche
Independent Examiner's report to the charity committee members of Treehouse Creche
We report on the accounts of the charity for the year ended 31 March 2025, which are set out on pages 5 - 10.
Respective responsibilities of charity committee members and examiner
As the charity'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:
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examine the accounts under Section 65 of the Charities Act;
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follow the procedures laid down in the general Directions given by the Commission under Section 65(9) (b) of the Charities Act;
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state whether particular matters have come to our attention.
Basis of Independent examiner's report
We have examined 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 Northern 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 with those records. It also included considerations of any unusual items or disclosures in the accounts, and seeking explanation from you as charity members concerning any such matters.
Our role is to state whether any material matters have come to our attention giving us cause to believe:
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That accounting records were not kept in accordance with Section 63 of the Charities Act.
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That the accounts do not accord with those accounting records.
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That the accounts do not comply with the accounting requirements of the Charities Act.
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That there is further information needed for a proper understanding of the accounts to be reached.
Independent Examiner's Statement
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 that require drawing to your attention.
McGroarty McCafferty & Company Ltd
Accountants and Tax Consultants
2 Carlisle Terrace Derry N Ireland BT48 6JX Date: 13 November 2025
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Treehouse Creche
| Statement of Financial Activities for the ended Unrestricted Restricted Funds Funds Income and Expenditure £ £ Incoming Resources Voluntary Income 116,362 Incoming resources from charitable activities - 22,240 Total Incoming Resources 2 .1 116,362 22,240 Resources Expended Direct Charitable Expenditure 9,123 17,040 Management & Administration 92,796 5,200 Total Resources Expended 2.2 101,919 22,240 Net Incoming / (Outgoing) Resources 14,443 - Transfer of Funds - - Balances brought forward 1 April 2024 ) (616 - Balances carried forward 31 March 2025 7 13,827 - |
Total Funds 2025 £ 116,362 22,240 138,602 26,163 97,996 124,159 14,443 ) (616 13,827 |
Total Funds 2024 £ 94,308 - 94,308 87,336 16,779 104,115 ) (9,807 9,191 ) (616 |
|---|---|---|
The above amounts relate to continuing operations of the charity.
The charity has no recognised gains and losses other than those included in the results above and therefore no separate statement 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.
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Treehouse Creche
| Balance sheet as at 31 March 2025 2025 Notes £ £ Current assets Cash at bank and in hand 15,472 Current liabilities 6 Other creditors 925 Accruals 720 1,645 Net current assets/(liabilities) 13,827 Total assets less current liabilities 13,827 Funds Restricted - Unrestricted 13,827 13,827 |
2024 £ 2,857 2,033 1,440 3,473 |
£ ) (616 ) (616 - ) (616 ) (616 |
|---|---|---|
We approve these accounts and confirm that we have made available all relevant records and information for their preparation.
Member___ Member___
Date: 13th November 2025
Date: 13th November 2025
Page 6
Treehouse Creche Notes to the accounts
for the year ended 31 March 2025
1. 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 accounts are prepared under the historical cost convention modified when necessary, and in compliance with the Charities SORP (FRS 102).
1.2. Income
(i) Grants
Grants represents all amounts received and receivable during the year.
Capital grants are released to the profit and loss account in the year 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.
(ii) Donations & administration income.
This comprises amounts received during the year.
1.3. Expenditure
- (i) Direct Charitable Expenditure
This represents all expenditure directly attributable to charitable causes.
- (ii) Management & Administration
This includes all other expenditure not directly allocated above and a portion of the overhead costs attributable to management and administration.
Page 7
Treehouse Creche Notes to the accounts
for the year ended 31 March 2025
2. Income
| Restricted Income Pathway Small grants Main Grant Unrestricted Income Grant Income Total Income |
2025 £ 6,000 540 15,700 22,240 - - 22,240 |
2024 £ - - - - 6,000 6,000 6,000 |
|---|---|---|
(i) Restricted Funds
Funds received which are earmarked by the Funder for specific purposes. Such purposes are within the overall aims of the organisation.
(ii) Unrestricted Funds
Funds which are expendable at the discretion of the association in furtherance of the aims of the charity. In addition funds may be held in order to finance capital investment and working capital.
3. Resources Expended
| Unrestricted Restricted Funds Funds Management & Administration £ £ Staff Costs 91,382 5,200 Staff pensions 1,414 - Training - - Establishment costs 3,000 - Materials 3,804 - Phone 176 - Professional fees - - Accountancy fees 600 - Bank fees 773 - Repairs and maintenance - - Pathway - 771 Save the children - 564 Awards for all - 15,705 Insurance 736 - Stationery & postage 34 - 101,919 22,240 |
Total 2025 £ 96,582 1,414 - 3,000 3,804 176 - 600 773 - 771 564 15,705 736 34 124,159 |
Total 2024 £ 86,309 1,027 3,133 5,623 5,134 367 91 540 630 570 - - - 641 50 |
|---|---|---|
| 104,115 |
Page 8
Treehouse Creche Notes to the accounts
for the year ended 31 March 2025
4. Number of employees
The average monthly numbers of employees during the year, calculated on the basis of full time equivalents, was as follows:
| equivalents, was as follows: | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2024 | ||||||||
| Number | Number | ||||||||
| Employees | 8 | 8 | |||||||
| 2025 | 2024 | ||||||||
| £ | £ | ||||||||
| Salaries and wages | 96,582 | 86,309 | |||||||
| 5. | Taxation | ||||||||
| No charge to taxation is due as the association has charitable status. | |||||||||
| 6. | Current liabilities | 2025 | 2024 | ||||||
| £ | £ | ||||||||
| Taxes and social security costs | 331 | 239 | |||||||
| Other Creditors | 594 | 1,794 | |||||||
| Accruals | 720 | 1,440 | |||||||
| 1,645 | 3,473 | ||||||||
| 7. | Movements in Funds | At | At | ||||||
| 1 April | Incoming | Outgoing | 31 March | ||||||
| 2024 | resources | resources | 2025 | ||||||
| £ | £ | £ | £ | ||||||
| Restricted funds: | |||||||||
| Total restricted funds | - | - | - | - | |||||
| Unrestricted funds: | |||||||||
| - | |||||||||
| Total unrestricted funds | (616 | ) | 138,602 | ) (124,159 |
13,827 | ||||
| 616 | 138,602 | ) (124,159 |
13,827 |
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