NIC 100062
The Glens Con)munity Assoeiation
Aceounts
for the year ended 31 March 2025

The Glens Communlty Association
Contents
Page
Legal and Administrative Jnforn]ation
Committee Report
Independent Examiners Report
Statement of Financial A¢tivities
Balance sheet
Notes to the accounts
7.10

The Glens Communlty Association
Legal and Administrative Inforn￿tiOn
Charity Name
Glens Community Association
NIC 100062
Charity Number
Operatfional Addr
415 Glenlea Park
Limavady
BT49 ORR
Trustees The Glens Community Association
Pauline McGoDigal-Cbair
Sean Harkin-secretary
Kathleen Mullan-Treasurer
AecountAnts
McGroaty Mccaffety & Company Ltd
Accountants alld Tax Consultants
2 Car]isle Terrace
Deny. B T48 6JX
Bankers
Bank of Ireland
2 The Diamond
Coleraine
Co. Derry
BT52 IDE
Page I

Glens Community Association
Report of The Management Committee
The Management Conm)ittee present their report and the financial Ststements for the year ended 31 March
2025.
Princlpal activity and objectives
The Association is established to., relieve povety, sickness and to promot¢ the benefits of the inhabitants of
The Glens, Limavady and district area of Co Londonderry and its environs without distinction of age. gender.
race, political, religious or other opinion, by associating the statutory authorities, voluntary organisations and
inhabitants in a common effort to advanc¢ education, and to provide facilities in the interests of social welfare
for recreation or leisure-time occupation, with the object of improving the condition of life for the said
inhabitants.
Management Conullittee
The members of the charity for the purposes of charity knw and throughout this report are collectively referred
to as the trustees.
The members serving during the year and since the year end w¢re as follows:
Pau]iDe McGonigal
Sean Harkin
Katheen Mullan
Public Benefit
The public will benefit from educational and recreational pTogrammes and projects which we will provide for
them. These progranllnes will promote health and well-being, mental h¢alth, educational which will help gain
quaIifications. Services from statutory agencies such as advice clinic on benefits, PSNI advice, housing
advice. drug and alcohol services and we will provide a sign postitig service for any public services available
which the residents require. Fees are not charged for this service and non¢ of the trustees obtains a private
benefit. These benefits are demonstrated through attendance lists for all activities, evaluation forn￿ from
participants and photographic evidence to measure the success of each activity.
Risk Management
The members 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 mitigat¢ the
exposure to the major risks.
Financial revAew
The fmancial perforniance is summarised in the enclosed accounts.
Plans for Future PerAods
The association plans to Continue the activities as outlined abov¢ in the forthcoming years subject to
satisfactory ￿nd1Thg arrangements.
Page 2

Members Responsibilities ID Relation To The Financial Statements
The members are reponsible for preparing the annual report and the fuiancial ststements in accordance with
the applicable law and United Kingdom Generally Accepted Accounting Practice.
The law applicable to charities in Northern Ireland requies the members to prepare financial statements that
give a iiue and fair view of the state of affairs of the charity at the end of the financial year and of its sU￿lUS
or deficit in the financial year. In doing so th¢ members are requi￿1 to:
- select suitable accounting policies and apply them consisfrntly.
- make judgements and estin￿te$ that are reasonable and Prudent:
- prepare the fmancial statements on the going cOn￿rn basis Unless it is inappropriate to presume that the
charity will continue in business.
The members are responsible for maintailliog proper accounting records which disclose with reasonable
accuracy at any time the financial position of the charity and enables them to ensure that the fmancial
statements comply with the Charities Act (Northern Ireland) 2tK18. The members are aIso responsible for
safeguarding the assets of the charity and h¢nce for taknng reasonable steps for the prevention and detection
of fraud and other itregularities.
Independent Examiner
A resolution will be proposed at the Annual General Meeting that McGroaty Mccafferty & Conipany Ltd be
re-appointed as accountants for the charity for the ensuing year.
By Order of the Management Conm]ittee.'
Committee Member
Date: 23 January 2026
Page 3

The Glens c0mmw￿ty A￿OCiation
Independent Examiner's report to the charlty eonllnittee members of
The Glens Conllnunity knociation
We report on the accounts of the charity for the year ended 31 March 2025, which are set out on pages 5 - 10.
Respective responsibilfities of charity committee members and examiner
As the clwity's members you are responsible for the preparation of the accounts in accordance with the
Charitie5 Act (Northern Ireland) 2008.
It is our responsibility to."
- examine the accounts under Section 65 of the CharAties Act.
- follow the procedures laid down in the general Directions given by the Commission under Section 65(9) (b)
of the Charlties Act.
- state whether particular matters have corne to our attention.
Basis of Independent examiner's report
We have examined your charity accounts as required under Section 65 of the ch￿ltieS Act and our
examination was cattied out in accordance WAth the general Directions given by the Ch￿lty Commission for
Northern Ireland under Section 65 (9)(b) of the Charities Act.
Our examination included a review of the accouDting records kept by the charity and a comparASOll of the
accounts preseDted with those records. It also included considerations of any unusual Atems or disclosures in
the accounts. and seeking explanation from you as charity members concemtng any such matters.
Our role is to state whether any material matters have come to our attention giving us cause to believe".
l. That accounting records were not kept in accordance with Se¢tion 63 of the Charities ACL
2. That the accounts do not accord with those accounting records.
3. That the accounts do not comply with the accounting iequiiements of the Charlties Act.
4. That thcre is further inforn￿tion needed for a proper unde￿tanding of the accounts to be reached.
Independent Exanthier's Statement
We have completed our examination and have no concerns in respect of tbe matters 1- 4 listed above and, in
connection with th¢ following Directions of the Charity Commission Northern Ireland. we have found no
matters that require drawimg to your attention.
McGroarty Mccafferty & Company Ltd
Accountants and Tax Consultants
2 Carlisle Terrace
Derry
N Ireland
BT48 6JX
Date: 23 January 2026
Page 4

The Glens Community Assodation
Statement of Financial Activitl
for the year ended 31 Mareh 2025
Unrestricted
Restricted
Funds
Income and Expenditure
2025
2024
Jneoming Resourees
Grants Received & Other Income
Total Incoming Resources
10,679
140,365
151.044
138.747
10.679
140.365
151,044
138.747
Ruources Expended
Management & Administration
Total Resources Expended
483
134.477
134,960
125,495
483
134,477
134,960
125,495
Net Incoming / (Outgoing) R￿ur
10,196
5,888
16,084
13,252
Balances brought forward l April 2024
(33)
14,064
14,031
779
Balances cazried forward 31 March 2025
10,163
19,952
30,115
14,031
The above amounts relate to continuing operations of the group.
The organisation h&5 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 incon)ing resources for the year stated above and their historical cost equivalents.
Page 5

The Glens Community Association
Balance sheet
as at 31 March 2025
2025
Note5
2024
Fixed assets
Tangible assets
Current &ssets
Debtors
Cash at bank and in hand
21,190
15,546
13,739
8,213
8.295
22,966
21.952
31,261
Current liabijities
Other creditors
Accruals
12,132
895
32.176
600
13.027
Net current a&¥ets/Oiabilitles)
Total ￿ets less current
Ilabiliti
32,776
8,925
(1,515)
30.115
14,031
Represented by
Unrestiicted
Restticted
10.163
19,952
(33)
14.064
30,115
14,031
We approve these accounts artd confirn] that we have made available all relevant records and illforniation for
their prepardtion.
Committee Member
Committee Member
Date: 23rd January 2026
Date.. 23rd January 2026
Page 6

The Glens CommuDity A&sociation
Notes to the aecounts
for the year ended 31 March 2025
Accounting policles
The principal accounting policies adopted in the preparation of the financial statem¢nts are set out
below and have remained unchanged from the previous year, and also have been consistently applied
within the same accounts.
1.1. Accountlng convention
The accounts are prepared under the historical cost Convention modified when necessary, and in
compliance with the Charities SORP (FRS 102).
12. Income
Illcon￿ is n]ainly derived from grants and donations.
Income
(i) Grants
Grants represents all amounts received and receivable during the year.
Capital grants are released to the Statement of Financial Activities in the year in whtch they are
Teceived in line with thc Ch￿ltieS SORP (FRS 102).
Revenue grants credited to the Statem¢nt of Financial Activities in the year they are received.
(ll) Donations & administration income.
This comprises amounts Teceived duting the year.
Expenditure
(i) Direct Cknitable Expenditure
This represents all expenditure directly attributabje to charitable causes.
(ll) Management & Administration
This includes all other expenditure not direcdy allocated above and a portion of the overhead costs
attributable to management and administration.
1.1. Tangible fixed a&sets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to
writs off the cost or valuation less resAdual value of each asset over its expec*d useful life, as follows..
Equipment
15% Straight Line
Page 7

The Glens Communlty Association
Notes to the accounts
for the year ended 31 March 2025
Ineome
2025
2024
R￿trIcted Ineome
DFC income
Causeway Coast & Glens Bor Cncl
Coast grant
90.248
6,722
89,856
4,750
300
Active Living Grant
Triangle Housing
Dunbeg Windfann
Education Authority
1,070
700
13.178
2,500
2,625
3,860
2,961
9,583
14,782
3.793
6,700
Roe Valley Conllnunity
aear
Sundry grants & income
17,556
4,456
1.310
Unrostricted Income
Other income
140,365
136.985
10.679
1.762
Total Income
10,679
1.762
151.044
138,747
(i)
Restricted Funds
Fund5 received which are earmarked by the Funder for specific purposes. Such purposes are
within the overall aims of the organisation,
(li) Unrestrlcted Funds
Funds which are expendable at the discretion of the association in furtherance of the aijns of
the charity. In addition funds may be held in order to finance capital investment and working
apital.
Page 8

Tbe Glens Community A&socRation
Notes to the accounts
ror the year ended 31 March 2025
Resources Expended
Ujjrestrieted Restricted
Funds
Funds
Total
2025
Total
2024
Management & AdMfj￿trati0n
Wages and salaTies
Pension costs
Rates & water charges
Insurance
Postage, printing & stationery
Telephone & Ioternet
Heat & Light
Programme Costs
Accountancy Fees
Repairs & Maintenance
Bank Fees & Iuterest
Travel
Subscriptions
Depreciation
Sundries
51.436
4,332
245
1,228
2.353
1.230
2,167
64.399
636
51,436
4,332
245
1,228
2,353
1,230
2,167
64.519
636
51.392
4,037
223
1.104
2.042
1.183
1,912
56.840
708
710
383
873
159
2,873
1,056
120
363
363
725
164
4,376
1,186
725
164
4.376
1.186
483
134,477
134,960
125.495
Tangible assets
Equipment
Totsl
Cost
At l April 2024
Additions
19.150
10,020
19.150
10,020
At 31 March 2025
Depreeiation
At l April 2024
Charge for the year
At 31 March 2025
Net book valuos
At 31 March 2025
At 31 March 2024
29,170
29.170
3,604
4,376
3,604
4.376
7,980
7,980
21,190
21.190
15,546
15.546
Page 9

The Glens Communlty A&sociation
Note5 to the accounts
for the year ended 31 March 2025
Debtors
2025
2024
Sundry debtors & Grants due
13,739
8,295
Current liabilities
2025
2024
Taxes and social 5ecurAty costs
Other creditors
Accruals
1,333
10,799
895
571
31,605
600
13,027
32.776
Movements in Funds
At
At
l April Incoming Outgoing 31 March
2024 r&wurc&8 resources
2025
R&8tricted funds..
Total restsi¢ted funds
Unrestricted funds:
Total unrestricted funds
14,064
140.365 (134.477)
19,952
(33)
14,031
10,679
(483)
151.044 (134,960)
10,163
Purposes of R&strlcted Funds
Restricted grants awarded to the charity is provided to cover the core objects as explained in the report
to the managen]ent coniniittee.
30.115
Page 10