NIC 100062
The Glens Communlty Association
Accounts
for the year ended 31 March 2024

The Glens Community A550ciation
Contents
Pago
Legal and Administrative Information
Coininittee Report
Independeiit Examiners Report
Statement of Fiiiuiicial Activities
Balance sheet
Noles to tlie accounts
7-10

The GIens Community Association
Legal and Administratlve Information
Charity Name
Glens Coinmunity Association
Charlty Number
NIC 100062
Operational Address
415 Glenlea Park
Limavady
BT49 ORR
Trustocs Tlie Glens Community A55ociatlon
Pauline McGonigal-Chair
Sean Harkin-secretary
Kathleen Mullan-Treasurer
Rita Smyth
Accountunts
McGroarty Mccaffety & Compaiiy Ltd
Accountants and Tax Consultants
2 Carlisle Terrace
Derry, BT48 6JX
Bankers
Bank of Ireland
2 Tlie Diainond
Coleraine
Co, Derry
BT52 IDE
Page I

Glens Community Association
Report of The Management Committee
Tlie Maiiagement Cominittee present tlieir report and the financial statements for the year ¢nded 31 March
2024.
Princfipal activity and objectives
The Association is established to: relieve poverty, sickness and to promote the benefits of the inhabitants of
The Glens, LiEnavady and district area of Co Loiidonderry and its eiivirons without distinction of age, gender,
race> political, religious or other opinion, by associating the statutory authorities, voluntary organisations and
inhabilants in a commoii effort to advaiice education. and to provide facilities in the interests of social welfare
for recreation or leisuK-tiine occupation, witli the object of improving the condition of life for the said
iiiliabitaiits.
Managomcnt Committee
Tlie meiiibers of the charity for tlie purposes of charity law and throughout this report are collectively referred
to as tlie trustees.
Tlie Inembers scrving during the year and since the year end were as follows:
Pauline McGonigal
Seaii Harkin
Katlieeii Mullaii
Siiiead McGonigal
Rita Smylli
Public Benefit
The public will benefit from educational and recreational programines and projects which w¢ will provide for
them. Tliese programmes will proinote h¢altli and well-being, mental health, educational which will help gain
qvalificatioiis. Scrvi¢¢s from statutory agencies such as advi¢¢ clinic on benefits, PSNI advice, housing
advice, drug aiid alcohol seivices and w¢ will provide a sign postÈn8 service for any publi¢ serviGes available
which tlie residents require. Fees are not ch&rged for this servi¢¢ and none of the trustees obtains a private
benefit. Tliese benefils are demonstrated tlirough attendance lists for all activities, evaluation forms from
participant5 and photographic evidence to measure the success of each activity.
Ris1£ Manngemont
Tlie meinbers have assessed the major risks to which Ilie association is exposed, in particular those related to
the operat'ions and finances of the association, and are satisfied that systems are in place to mitigate the
exposure to the major risks.
FinanclAI review
Tlie financial performaiice is suniinarised in tlie enclosed accounts.
Pliins foi. fi uture Perlods
The associatioii plans to continue the activities as outlined above in the forthcoming years subject to
satisfactory fuiiding arrangeinents.
Pagc 2

Members Responsibilxtics In Relation To The Financial Statements
The meinbers are reponsible for preparing the annual report and the financial statements in accordance with
tlie applicable law and United Kingdom Generally Accepted Accounting Practice.
The law applicable to cliarities 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 tlic financial y¢ar. In doiiig so the members ar¢ requir¢d to:
select suitable accounting policies and apply them consistently;
Inak¢ judgeinents and eslimates that are reasonable and prudent;
prepare the financial stateineiits on the going concern basis unless it is inappropriate to presume that the
cliarity will continue in business.
The melnbers are responsible for maintaining proper accounting records which disclose with re&8onable
accuracy at any time the financial position of the charity and enablcs them to ensure that the financial
statements comply with tlie Cliarities Act (Nortlierii Ireland) 2008. The members are also responsible for
safeguarding tlie assets of the cliarity and hence for taking reasonable steps for the prevention and detection
of fraud and other irregularities.
Indop¢iident xamlner
A resolution will be proposed at the Annual Geiieral Meeting that McGroaty Mccafferty & Company Ltd be
re-appointed as accountants for the charily for tlie ensuing year.
By Order of tlie Maiiageinent Committee:
Conimittee Member
Date: 20 August 2024
Page 3

Thc Glens Community Association
Independent Examin¢r's i'cport to the charity committee members of
The Glens Community Associatxon
We report 011 tlie accounts of tlie charity for the year ended 31 March 2024, which are set out on pages 5 - 10.
Respective responsibilities of charity committee members and oxaminer
As the cliarity's Iiiembers you are responsible for the preparation of the accounts in accordance with the
Charities Act (Nortliern Ireland) 2008.
It is our responsibility lo:
exainine the accounts under Seclioii 65 of the Cl)arities Act:
follow the procedures laid down in the general Directioiis given by tlie Coininission under Section 65(9) (b)
of tlie Charities Act;
stat¢ wlietlier particular matters have come to our attention.
Basis of Independent exAmlner's report
We Iiave examined your charity accouiits as required under Section 65 of the Charities Act and our
examiiiation was carried out in accordance witli the general Directions given by the Charity Commission for
Northern Ireland uiider Section 65 (9)(b) of the Charities Act.
Our examiii(Ition included a r¢view of the accouiiting r¢¢ords kept by tlie charity and a comparison of the
accounls presented witli those records. It also iiicluded considerations of any unusual items or disolosur¢s in
the accounts, and seeking explanation from you as cliarity members concerning any such matters.
Our role is to state wliether any Inaterial matters liave come to our attention giving us cause to believe:
l. Tliat accounting records were not kept in accordance with Section 63 of the Charities Act.
2. Tliat tlie accounts do not accord witli those accounting records.
3. That the accounts do not comply with tlie accounting requirements of the Charities Act.
4. That there is further inforiiiation needed for a proper understanding of the accounts to be reached.
Indcpcndent fi xaniiner's Statement
We liave completed our exainination and have no concerns in respect of the matters 1 4 listed above and, in
coiiiiection with tlie following Directions of the Cliarity Commission Northern Ireland; we have found no
niatters that require drawing to your attention.
McGr
artym
Cafferty & Co
pany Ltd
Accountants and Tax Consultants
2 Carlisle Terrace
Derry
N Irelrfind
BT48 6JX
Date: 20 August 2024
Page 4

The Glens Community Association
Statemellt of Financial ActivAties
for th¢ year ended 31 Ivlareh 2024
Unrestricted
Funds
Restrlcted
Funds
2024
2023
Incomc and Expendlture
InconiAng Resources
Graiits Received & Other Incoine
1,762
136,985
138,747
107.149
Totul Incoming Resources
1,762
136,985
138,747
107,149
Resources Expendcd
Manageinent & Adininistration
548
124,947
125,495
107,380
Tollll Resources li xpended
548
124,947
125,495
107,380
Net Incomiiig l (Outgoiiig) Resourccs
1.214
12,038
13,252
(231)
Balances brought forward l April 2023
(1,247)
2,026
779
1,010
Balance5 cari'ied forward 31 March 2024
(33)
14,064
14.031
779
Tho abov¢ ainount5 relate to coiitinuing operalions of the group.
Tlie organisation has no recognised gains and losses other than those included in the results above and
tli¢i'efore no separate statei]]ent of total recognised gains aERd losses has been presented. There is no difference
betwcen the net incoining resources for the year stated above and tl)eir Iiistorical cost equivalents.
Page 5

The Glens Community Association
Balance sheet
as at 31 March 2024
2024
2023
Notes
rilxed a55ets
Tangible assets
15,546
4,139
Current assets
Debtors
Cash at baiik and in hand
8,295
22,966
2,753
7,171
31,261
9,924
Current liabilitl
Other creditors
Accruals
32,176
600
12,096
1,188
32.776
13,284
Net euri.ent liabilities
(1,515)
(3,360)
Tolal assets less current
liabilities
14,031
779
Represented by
Unrestricted
Restricted
(33)
14.064
(1,247)
2,026
14,031
779
We approve tliese accounts and confirm that we have made available all relevant records and infonnation for
their preparatioii.
Committee Mcmber
Commlttec Member
Date: 20th August 2024
Date: 20th August 2024
Page 6

The Glens Community Association
Notes to the accounts
for the year ended 31 March 2024
Accounting policlcs
The principal accouiiting policies adopted in the preparation of the financial statemeiits are set out
below and have remained unchanged from the previous year, and also have been consistently applied
withiii tli¢ samc accounts.
1.1. Accountlng coiivention
Tlie accounts are prepared under the historical cost convention modified when necessaryg and in
coinpliance wilh the Charities SORP (FRS 102).
Incomo
Income is Inainly derived from grants and donations.
Income
(i) Grants
Graiits represents all amounts received and receivable during the year.
Capital grants are released to the Stateinent of Financial Activities in the year in which they are
received iii liiie with tlie Cliarities SORP (FRS 102).
Revenue grants are credited to tlie Statement of Financial Activiti¢s in tlie year tl)ey are rcc¢ived.
(li) Donations & adiiiiiiistration income.
Tliis coinprises amounts received duriiig the year.
Expendlturc
(i) Direct Charitable Expenditure
Tliis represents all expenditure directly attributable to charitable causes.
(ii) Management & Admiiiistration
Tliis includes all other expenditure not directly allocated above and a portion of the overhead costs
altributable to inanagement and adiiiinistration.
1.1. Tanglble fixed assels and depreclation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates Calculated to
write off the cost or valuation less residual value of each asset over its expected useful life, as follows:
Equipment
150/0 Straight Line
Page 7

The Glens Community Association
Notes to tbe accounts
for the year ended 31 March 2024
Iiicome
2024
2023
Restricted Income
DFC incoine
Causeway Coast & Glens Bor Cncl
Coast grant
NIHE
Coinmunity Foundation for NI
Active Liviiig Grant
Halif&x foundation
Dunbeg Wiiidfarin
Education Autliority
Ragdoll Foundation
Co-op
Roe Valley Cominunity
Iiidepeiident Age
W14SCT
Clear
Sundry graiits & iiicoine
89.856
4,750
300
77,295
7,952
200
125
4.490
200
3.650
400
3,860
2.961
2,357
150
2,688
9,583
14,782
271
650
4,326
3,793
6,700
136,985
104.354
Unrestricted Inconie
Otlier ii)Goiiie
1,762
2,795
1,762
2,795
Total Income
138,747
107,149
(i)
Ilestrictcd Fuiids
Funds received wliich are eariiiarked by the Fuiider for specific purposes. Such purposes are
witliiii the overall aiins of tlie organisation.
(li) Unrestricted Funds
4unds wliicli are expendable at the discretion of the association in furtherance of the aims of
tlie cliarity. In addition funds Inay be h¢ld in order to finance capital investment and working
capital..
Page 8

The Glens Community Association
Notes to the accounts
for the year ended 31 Ilqarch 2024
Resources Ei xpended
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
Management & Admlnlstration
Wages aiid salaries
Pensioii costs
Rates & water charges
Insurance
Postageg printing & stationery
Teleplione & Internet
Heat & Light
Prograinme Costs
Accouniancy Fees
Repairs & Mainteiiaiice
Bank Fees & Interest
Travol
Subscriptioiis
Depreciation
Suiidri¢s
51,392
4,037
223
1,104
2,042
1,183
1,912
56,675
708
710
51,392
4,037
223
1,104
2.042
1,183
1,912
56,840
708
710
383
873
159
2.873
1,056
58,807
4,030
196
923
1,914
1,150
2,244
34,496
618
811
394
429
227
731
410
165
383
873
159
2,873
1,056
548
124.947
125,495
107.380
Tangible asscts
Equipment
Total
Cost
At l April 2023
Additions
4.870
14,280
4,870
14,280
At 31 March 2024
19,150
19,150
Depreci.Ition
At l April 2023
Cliarge for tlie year
At 31 March 2024
731
2,873
731
2,873
3,604
3,604
Net bookvalues
At 31 Marcli 2024
15,546
15,546
At 31 Marcli 2023
4,139
4,139
Page 9

The Glens Community Association
Notes to tlie accounts
for the year ended 31 March 2024
D¢btors
2024
2023
Suiidry debtors & Grants due
8,295
2,753
Current liabilities
2024
2023
T￿eS aiid social security costs
Olher creditors
Accruals
571
31,605
600
3,513
8,583
1,188
32,776
13,284
Movements in Funds
At
At
l April Ineoming Outgoing 31 March
2,023 resources resources
2,024
Restricted funds:
Total restricted funds
Unrcstrlclcd funds:
Total unrestricted fuiids
2,026
136,985 (124,947)
14,064
(1,247)
1,762
(548)
(33)
779
138,747 (125,495)
14,031
Purposes of Restrlcted Funds
Restricted granls awarded to the cliarity is provided to cover the core objects as explained in the report
to tlie Inaiiageinent coiniiiittee.
Page 10