Company Registratlon No. Nl 41112 (Northern Ireland)
Registered Charity No. NIC 100101
G-OLD COMMUNITY PARTNERSHIP
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

G-OLD COMMUNITY PARTNERSHIP
GOMPANY INFORMATION
Dlre¢tor8
Frances McKenna
Martlna Watson
Sharon Burnett
Rioghnach Murphy
Secretary
Mary Tennyson
Company number
Nl 41112
Reglstered offlco
Thlrd Floor
Loy Buildings
18-24 Loy Street
Cookstown
Co Tyrone
BT80 8PE
Audltor
David Lyttle + Co Ltd
statlon House
46 Molesworth Street
Cookstown
Co Tyrone
BT80 8PA
Buslnoss addregj
Thlrd Floor
Loy Buildlngs
18-24 Loy Street
Cookstown
Co Tyrone
BT80 8PE
Bankers
Ulster Bank
20 WS11iam Street
Cookstown
Co Tyrone
BT80 8ND
Sollcltors
Toal & Heron Sollcltors
10 Loy Street
Cook5town
Co Tyrone
BT80 8PE

G-OLD COMMUNITY PARTNERSHIP
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2023
Restrlcted Unrestrlcted
funds
fund5
2023
2023
Total
2023
Total
2022
Incomlng resources
Incoming reSoU￿eS from generated
funds
Activities for generating funds
Incomlng resources from charltable
aGtlvltles
DE (vla SPPGI fundlng
1,186,662
1,186,662
1,060,685
Tansferred to capltal grant
(14,7961
{14,796)
other Incomlng resourc•s
Total Incomlng rasources
1,171,866
1,171,866
1,060,685
Resources expended
Charltabl8 activlties
Govemance costs
(1,150,223)
(8,0861
11,150,223)
(8,086)
(1,045,118)
(7,564)
Total rg$ource8 expended
(1,158,309)
11,158,309)
(1,052,682)
Net Incomlngl(outgoingl resources
13,557
13,557
8,003
2022 underspend returned to DE
(8.000)
(8,000)
Net movement In funds
5.557
5,557
8,003
Total funds broughl forward at 1 April
8,422
560
8,982
979
Total fvnds carrled forward at 31
March
13,979
560
14,539
8,982
The statement of financlal activities has been prepared on Ihe basis that all operations are continuing operations.
There are no recognised galns and Ioss8S Other than those passing through th8 statement of financial actlvities.

G-OLD COMMUNITY PARTNERSHIP
BALANCE SHEET
ASAT 31 MARCH 2023
2023
2022
Notes
Fi%ed assets
Tangibl8 assets
39,972
33,569
current assets
Debtors
Cash at bank and in han
1,569
22,569
1,569
13,728
24,138
15,297
Crédltors: amounts lalllng due wlthln
one year
(9,599)
(6,316)
Net Current asset8
14,539
8,981
Total assets less currant Ilabllltleg
54,511
42,550
Capltal grant8
(39,9721
(33,5681
Net assets
14,539
8,982
Funds
General reserves
14,539
8,982
Total charlty funds
14,539
8,982
Th8 dlrectors acknowledge thelr respon51bllltles for complylng wlth the requlrements of the Companies Act 2006
with respect to accounting records and the preparation of financial statements.
These financlal statoments have been prepared In accordanc8 wlth the provislons applicable to companles subl8Ct
to the small Gompanies r8gim8.
The financial statements were approved by the board of directors and authorls8d for Issu8 on 14 September 2023
and are signed on Its behalf by..
Sharon 8umett
Dlrector
Company Reglstration No. Nl 41112

G-OLD COMMUNITY PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policies
Company information
G-old Community Partnership is a private company limited by guarantee incorporated in Northern Ireland. The
registered offic& is Third Floor, Loy Buildings, 18-24 Loy Street, Cookstown, Co Tyrona, 8T80 8PE.
1.1 Ac¢ountlng conventlon
The financial statements have been prepared in accordance with Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective 1 January
20151- {Charities SORP {FRS 1021), the Financial Reporting Standard applicable In the UK and Republic of
Ireland (FRS 102) and the Companles Acl 2006, except for the treatment of capltal grants.
G-OLD Community Partnership meet the deflnition of a public beneflt entity under FRS 102. Assets and
liabilities are initially recognised at historical cost and transaction value unless oth8rwise stated in the relevant
accountsncy policy note(s). The financial statements are prepared on a going concern basls.
The financial statements are prepared In sterllng, which Is the functional currency of the company. Monetary
amounts in these financial statements are rounded to the nearest £.
The financlal statements have been prepared under the historical cost convention, [modified lo include the
revaluation of freehold properties and to include investment properties and certaln financlal instruments at fair
valuel. The princlpal accounting policies adopted are Set out below.
1.2 Fund a¢countlng
Unrestricted funds are available for use at the dlscretion of the directors in furtherance of the general
objectives of the charity.
Restricted funds are subjected to restrlctlons on thelr expendlture Imposed by the provlder of the funds.
Incomlng resource8
All incoming resources are included in the statement of financial activities when the charity is entltled lo the
Income and the amount can be quantified wilh reasonable accuracy. The following specific policies are
applled to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is Included in full In the statement of
financial aclivities when receivable. Grants, where entitlement is not conditional on the delivery of a specific
performance by the charity. are recognised when the charity becomes unconditionally entitled to the grant,
Donated services and facilities are included where this can be quantified. Tho value of services provided by
volunteers has not been included in these financial statements.
Investment income 15 included when receivable.
Incoming resources from charitable trading activity are accounted for when eamed.
Incoming resources from grants, where related to performance and specific deliverables, are accounted for
as the charity earns the right to consideratlon by Its performance.

G-OLD COMMUNITY PARTNERSHIP
NQTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policles
(Contlnued)
Resources expended
Expenditure is recognised on a cash basis as stipulated by the main funder, Expenditure includes any VAT
which cannot be fully recovered, and is reported as part of the expenditure to which it relates..
Costs of generating funds comprise the costs assoclated with attracting voluntary income and the costs of
trading for fundraising purposes.
Charitsble expenditure comprises those costs incurred by the charlty in the delivery of Its activities and
seNlces for Its beneficiarles. It includes both costs that can be allocated dlrectly to such activitles and those
costs of an Indlrect nature necessary to support th8m.
Governanc8 Costs Include thos8 costs associaled with meeting the constitutional and statutory requlrements
of the charity and Include the audit f88s and costs linked to the strategic management of the charity.
All costs are allocatad be￿een the expendlture categories of the stat8ment of flnanclal actlvlties on a basis
to reflect th8 use of the resource.
1.3 Tanglble flxed assets
Tanglble fixed assets are Inltlally measured at cost and subsequently measured at cost or valuation, net of
depreclatlon and any Impairment losses.
Depreciation Is recognised so as lo writ8 off the cost or valuation of assets les5 their r8sidual values over their
useful lives on the following bases:
Offlce furniture and fittings
Computer equipment
Toy Ilbrary
250/D reducing balance
33,3°/D Straight line
500/0 Straight Ilne
1.4 Cash at bank and In hand
Cash and cash equlvalents are basic financial assets and include cash In hand, deposlts held at call with
banks, other short-temi liquid investments with original maturities of three months or less, and bank
overdrafts. Bank overdrafts are shown within borrowings In current liabilitl8S.
1.5 Flnanclal Instruments
The company has elected to apply the provislons of Sectlon 11 'Basic Financial Inslruments, and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments,
Financial instruments are recognised in the company's balance sheet when the Gompany becomes paty to
the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements. when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a
net basis or to realise the asset and settle the liability simultaneously.
Bas1¢ financial assets
Basic financial assets, which include debtors and cash and bank balances, are initlally measured al
transaction prlce including transactlon costs and are subsequently Carried at amortised cost using the
effective interest method unles5 the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the fulure rec8lPts discounted at a market rate of irsterest. Financial assets
classified as receivable within one year are not amortised.
10

G-OLD COMMUNITY PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Accountlng policies
Icontlnuedl
Classlfication of financlal Ilabllltles
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in the
assets of the company after deducting all of its Ilabililies.
Basie flnancial liabllltles
Basic financlal liabilities, Including creditors, bank loans, loans from fellow group companies and preference
shares that are classified as debt, are inltially recognlsed at transactlon prlce unless the arrangement
constitutes a flnanclng transactlon, where the debt instrument is measured at the present value of the fulure
payment5 discounted at a mark8t rate of interest. Financial liabilities classified as payable within one year are
not amort1s8d.
Debt Instruments are subsequently carri8d at amortlS8d cost, using the eff8CtIv8 Inter8st rat8 m8thod.
Trade creditors are obllgatlons to pay for goods or servlces that have been acqulred In the ordlnary course of
business from suppllers. Amounts payable are classified as current Ilabillties If payment Is due wlthln one year
or less. If not, they arg presented as non-current liabilities. Trade creditors are recogn15ed Inltlally at
transaction pric8 and 8ubsequ8ntly measur8d at amortls8d cost using th8 8ff8CtiV8 int8r8St method.
Change5 in the fair valu8 of derivatives that are designated and qualify as falr value hedges are recognised In
profit or loss immedlately, together wlth any change5 in the fair value of the hedgetj a55et or liability thal are
attributable to the hedged risk,
1.6 Employeo beneflts
The costs of short-term employee benefits are recognised as a liabillty and an expense, unless those costs
are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused hollday entitlement is recognised In the perlod In whlch the employee's services are
recelved.
Terminatlon benefits are recognised Immediately as an expense when the comp8ny is demonslrably
committed to terminate the employment of an employee or to provide termlnation benefits.
1.7 Gov8rnment grants
Capital grants are credited to deferred revenue. Grants towards capital expenditure are released to the profit
and loss account over the expected useful Ilfe of the a55ets. Grants towards revenue expendllure are
released to the profit and loss account as the related expendlture Is Incurred.
Judgements and key sources of estlmatlon uncertalnty
In the application of the company'5 accounting policies, the directors are required lo make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estlmates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the p8riod of the revision and future p@riods where the revision affects both Gurrent and future
periods.
11

G-OLD COMMUNITY PARTNERSHIP
NQTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Employees
The average monthly number of persons carrylng out dutias for the company during th8 year was 47 (2022 -
51). All of these Indivlduals are employed by other organisations.
Tanglble fixed asset$
Plant and Toy Ilbrary
machlnary
etc
Total
Cost
At 1 Aprll 2022
Addltlons
324,073
14,796
30,074
354,147
14,798
At 31 March 2023
338,869
30,074
368,943
DepreGlatlon and Impalrment
At 1 April 2022
Depreciatlon charged in the year
290,505
8,392
30,074
320,579
8,392
At 31 March 2023
298,897
30,074
328,971
Carrying amount
At 31 March 2023
39,972
39,972
At 31 March 2022
33,569
33,569
Fixed assets ar8 funded by DE (via SPPG)
Debtors
2023
2022
Amounts falling due wlthln one year:
Other debtors
1,569
1,569
12-

G-OLD COMMUNITY PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Crgdltors: amounts falllng due wlthln one year
2023
2022
Trade creditors
9,599
6,316
Capltal grants
Balance at 1 April 2022
Grants received during the year
Amortlsatlon In the year
33,568
14,796
(8,392)
Ba18nce at 31 March 2023
39,972
Analy818 of net a88et8 between fund8
Restrlcted Unre6trl¢ted
funds
funds
Total fund5
Fund balances at 31 March 2023 are represented by:
Flxed assets
Debtors
Cash at bank and In hand
Credltors: amounts falling due wlthin one year
Capital grants
39,972
1,569
22.009
(9,5991
(39.972>
39,972
1,569
22,569
(9,599)
(39,972)
560
13,979
560
14,539
Movements In funds
Openlng
balance
Incomlng Resources Underspend
resources
expended
returned
Closlng
balance
Unrestrlcted funds
General funds
560
560
Restrlcted funds
8,422
1,171,866
(1.158,309}
(8,000)
13,979
8,982
1,171,866
(1,158,309)
(8.000)
14,539
13

G￿LD COMMUNITY PARTNERSHIP
MANAGEMENT INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023

G-OLD COMMUNITY PARTNERSHIP
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2023
R8stricted Unrestrlcted
Funds
Funds
2023
2023
Total
2023
Total
2022
Incomlng resources
Incomlng rnsourc8s from generated fund$
Incomlng r•sources from charltable actlvltles
DE (vla SPPG} fundlng
Allocated to capltal grant
1,186,662
{14,7961
1,186,662
114,796)
1,060.684
1,171,866
1,171,866
1,060,685
other Incomlng resources
Total Incomlng resourcgs
1,171,866
1,171,886
1,060,685
Resources expended
Charitsb18 activltles
Govemance costs
(1,150,223)
{8,0861
(1,150,223) 11,045,118)
(8,086)
(7,564)
Total resources expended
(1,158,309)
(1,158,309) (1,052,882)
Net Incomlngl(outgolng) resources
13,557
13,557
8,003
Surplus for tho year
13.557
13,557
8,003
14-

G.OLD COMMUNITY PARTNERSHIP
SCfrIEDULE OF RESOURCES EXPENDED
FOR THE YEAR ENDED 31 MARCH 2023
Restricted Unrestrlcted
Funds
Funds
2023
2023
Total
2023
Total
2022
Charltable actlvltles
Dlr?Ct Costs
Barnardo's Project Workers
NHSCT Wages
NICMA childminding coordSnator
Outreach Community Support
NICMA tralning courses
NIC MA resplte fees
Chlldcare Workers
Two year olds programme salarl6s
Casual Creche WorkersNolunteer Expenses
Parental Self Development Courses
Early Years CoordSnator
29,262
99,135
11,553
25,410
150
23,085
91,828
280,585
18,268
32,171
67,529
29,262
99,135
11,553
25,410
150
23,085
91,828
280,585
18,268
32.171
67,529
25,012
94.336
11,326
28,148
341
11,949
92.565
263,776
17,439
24,424
48,819
Support cost5
Wages and salaries
Trainlng
Premlses Insurance
Pow8r, Ilght and heat
Property repairs and malntenance
Lead Body fees
NICMA Management fees
Wornen's Ald Management fees
Membershlp and subscrfption fees
Prlntlng and statlonery
Advertlsing
Telecommunications
Hire of premiseslrent re: storage
Travelling expenses
Bank charges
Sundry expenses
Barnardos IT SupportlNCP Database
Team Building
Partnership expenses
Amortisation of capital grant
Depreclation
163,938
7.021
14,589
12,814
59,631
44,802
1,340
22,900
2,008
10,652
3,629
14,241
81,338
9,924
433
296
20,511
1,027
154
(8,392)
8,392
183,938
7,021
14,589
12,814
59,631
44,802
1,340
22,900
2,008
10,652
3.629
14,241
81,338
9,924
433
296
20,511
1,027
154
(8.392)
8,392
175,666
4,346
12,949
10,002
30,789
44,802
1,340
22,900
1,338
12,795
1,933
13.179
66,768
10.511
456
404
15.706
1,000
99
(11,189)
11,189
1,150,223
1.150,223
1.045,118
15

G-OLD COMMUNITY PARTNERSHIP
SCHEDULE OF RESOURCES EXPENDED {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Governance costs
Audit f88S
Staff costs
2,124
5,962
2,124
5,962
2,022
5,542
8,086
8,086
7,584
Total rosources expended
1,158,309
1,158,309
1,052,682
16-