for the Period Ended 31 August 2025
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 August 2025
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 September 2024
to
31 August 2025
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
| 2025 | 2024 | |
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| Turnover: |
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| Cost of sales: |
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| Operating profit(or loss): |
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| Profit(or loss) before tax: |
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| Profit(or loss) for the financial year: |
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As at
| Notes | 2025 | 2024 | |
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| Fixed assets | |||
| Tangible assets: | 3 |
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| Debtors: | 4 |
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| Cash at bank and in hand: |
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| Creditors: amounts falling due within one year: | 5 |
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| Members' funds | |||
| Profit and loss account: |
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| Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 August 2025
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 31 August 2025
| 2025 | 2024 | |
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| Average number of employees during the period |
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for the Period Ended 31 August 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 September 2024 |
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| At 31 August 2024 |
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for the Period Ended 31 August 2025
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| £ | £ | |
| Trade debtors |
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| Other debtors |
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| Total |
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for the Period Ended 31 August 2025
| 2025 | 2024 | |
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| £ | £ | |
| Taxation and social security |
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| Other creditors |
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Cornabracken After School CIC operates a year-round (51 week) after-school childcare provision, offering high-quality, affordable, and integrated childcare services to our families. As a result, our local community has greatly benefitted in numerous ways: 1.Local families have access to affordable and safe childcare facilities without the need for long commutes. 2. Children are cared for in a safe and nurturing environment by local staff. 3. The proximity of our facility to the school offers added convenience for families. 4. We have created employment opportunities within our community, providing two full-time and three part-time positions. 5. We support local businesses, such as shops and local service providers. 6. We are dedicated to enhancing community integration and building relationships from an early age. 7. We provide childcare services to disadvantaged families, children with special educational needs, children on the Child Protection Register, and those supported by family intervention. 8. We ensure inclusivity by providing access to our services regardless of religion, disability, linguistic needs, sexual orientation, gender or age. 9. We strive to ensure all sections of our community can access our project through open, fair, and clearly communicated procedures. Our organisation has a clear social and environmental mission as outlined in our governing documents. We generate the majority of our income through trade and reinvest the majority of our profits. We operate independently of the state and are primarily controlled in the interest of our social mission. Our systems are accountable and transparent. Cornabracken After School CIC provides high-quality childcare, education, and learning services in socially disadvantaged areas, addressing both educational and social disadvantages. Our services support the nutritional, physical, social, emotional, language, and cognitive development of children. Despite the challenges, we have continued to provide invaluable support. Our childcare service is located in the Strule Ward of Omagh, an area identified by NISRA in 2017 as being in the top 25% of the most disadvantaged Super Output Areas, ranked 168th in terms of multiple deprivation. Our stakeholders are committed to supporting the local com-munity. In addition, we have a clearly defined social and environmental mission outlined in our governing documents. We generate the majority of our income through trade and reinvest most of our profits back into the organization. We operate independently of the state and are primarily controlled in alignment with our social mission. Our systems are designed to be both accountable and transparent. Our families have greatly benefited from the services we provide. We take pride in the sup-port we offer and are confident that our stakeholders value our contributions.
Our stakeholders, residing in the local and surrounding communities, utilise our facility on both a full-time and part-time basis, enabling them to work or study. We consistently engage with our stakeholders regarding the services we offer and actively involve them in future planning for the company. The directors of the company also reside in the area and have developed a robust and effective business model through reflective practice, market research and strong relationships with our stakeholders. The company remains committed to supporting families by providing accessible, affordable and flexible childcare services. We ensure our facility is staffed with well-trained personnel and equipped with appropriate resources to meet children's needs and requirements. Our company is fully inclusive, serving all community members. Through extensive stakeholder consultation and research, we have identified that our facility meets the critical needs of families in the area: We operate in a significantly disadvantaged area. The Strule Social Output Area, where we are located, is ranked 168th in Northern Ireland's Multiple Deprivation Measures for 2017 (NISRA) and is in the top 25% of the most disadvantaged SOAs within the Fermanagh and Omagh Local Government District. Regarding educational deprivation, the NISRA findings for 2017 reveal that the Strule ward is within the top 25% of the most disadvantaged SOAs in the Fermanagh and Omagh Local Government District. Identified risks for children in our service areas include: 1. Low-income families and poverty (20.90% of children in Omagh are in low-income families - NISRA) 2. Developmental delays (e.g., significant increases in speech and language delays - LAST Sure Start) 3. Mental health issues (2013/14 Northern Ireland Health Survey reports a mean War-wick-Edinburgh Mental Wellbeing score of 50.0 in the Western Health and Social Care Trust, with crude suicide rates for Fermanagh & Omagh at 13.84% per 100,000 in 2010-12) 4. Health issues/poor nutrition (NISRA reports 2,315 in bad health and 597 in very bad health in Omagh) 5. Lone parent families (14.76% of households in Strule 1 were lone parent households with dependent children - March 2011) 6. Alcohol/drug abuse (2010/11-2012/13 standardised rate for alcohol-related admissions in Mid Ulster LGD2014 was 492.6 per 100,000 population compared to Northern Ireland's 682.7 per 100,000 population) 7. Looked-after children/children on the Child Protection Register (Over 23,000 children received support from children's services in Northern Ireland last year, including over 2,800 children)
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
20 May 2026
And signed on behalf of the board by:
Name: Melanie O'Kane
Status: Director