Company Number: N1050070
Charity Number: 100161
Fermanagh Rural Community Network
IA cc#npany Ilmlted by 8uarantee, not havlng a share capiial)
Annual Report and Unaudited Flnanclal Statements
for the year ended 31 March 2025

Fermanagh Rural Communlty Network
IA company limlted by guarantee. rwt having a share <apltal)
CONTENTS
Page
Reference and Administrative Information
Direttors, Annual Report
Statement of Director5, Responsibilities
Independent Examiner'5 Report
Statement of Financial Activities
io
Summary Income and Expenditure Account
li
Balance Sheet
12-13
Notes to the Financial Statements
14-20
Supplementary Information relating to the Financial Statements
21

Fermanagh Rural Community Network
IA company Ilmhed bywarantee, not havinN a Share opital)
REFERENCE AND ADMINISTRATIVE INFORMATION
Direclors
Louise McLaughlin-Borlace
Margaret Burleigh
Brian Richard50n
Brian Mcmanus
Oliver Mccaffrey
Tony Harte
Patrick Drumm
Liam Jones
Iris Mahon
Rosemary Forde
Kathleen Breen
Pauline Car50n
Company Se¢retsry
Brlan Richardson
Charfty Number In Northern Ireland
100161
Registered office and Prlnclple Address
3 Queen Street
Enniskillen
Co. Fermanagh
8T74 7JR
Independent Examiner
Anthony Rasdale
MacNeary Rasdale & Co Ltd
Welllngton House"
30 Darlin8 Street
Énnisklllen
Co. Fermanagh
BT74 7EW
Bankers
Bank of Ireland
Townhall Street
Enniskillen
Co. Fermanagh
BT74 7BD
Pale I

Fermanagh Rural Community Network
IA company limited by gvarantee, r•ot ha¥ing a share ¢apltall
DIREcfoRS' ANNUAL REPORT
For the year ended 31 Ma￿h Z025
The Dirertors present thelr Dlrectors, Annual Report. comblning the Direttors, Report and Trustees, Report. and the
unaudited financial statements for the year ended 31 March 2025.
The financial statements are prepared in accordance with the Companies Act 2006, FRS 102 ' The Financial Reporting
Standard applicable in the UK and Republic of Ireland, and Accounting and Reportlng by Charities Statement of
Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.
The Directors, Report contains the information required to be provided in the Oire¢tors' Annual Report under the
Statement of Recommended Practice ISORPI guideline5. The directors of the company are a159 charity trustees for
the purpose of charity law and under the company's constitution are known as member5 of the board of trustees.
In thls report the director5 Of Ferman3gh Rural Community Network present a Summary of its purpose, governance,
attivities. achievement5 and finances for the financial year 31 March 2025.
The company is a reglstered charity and hence the ￿port and results are presented In a form which complies with
the réquirements of the Companies Act 2006 and, althou8h not obliged to comply with the Statement of
Recommended Practice applicable in the UK and Republic of Ireland {FRS 1021 leffectlve l January 20151. the
organisation has Implemented its recommendations where relevant in these financial statements.
Missions, Objectives and Strategv
Mtsslon Statement
Fermanagh Rural Community Network provides prartical sUPPOrt, guidance, information. signposting and
networking opportunlties for member groups. through our locally based staff, resource centre and network
services and programme5. This benefits rural community groups in developlng sustalnable rural communities.
directly tackling i55ue5 that are causing disadvantage and poverty.
Objertives
The objettives of the Company shall be to relieve poverty and advance education for the benefit of the inhabitants
of Fermanagh and its hinterland without distinrtion of sex, race or political. religious of other opinion and in
particular to promote any charitable actlvlty which give support to the local rural communities suffering disadvantage
and poverty and whlch seeks to improve the conditions of life for the inhabitants of the area of benefit.
Stru¢ture. Governance and Management
Stru¢ture
Fermanagh Rural Comrnunity Nètwork is a company limited by guarantee not having a share capital. The company
is govemed by it's Memorandum and Articles of Association. The directors, who are also the trustees of the charity
at the date of this report and those who served during the financial year together with the date5 of any Changes are
set out on page 5.
Fermanagh Rural Community Network has a Resource Centre and Staffed Office maintained with a Network
Coordinator. Community Development Worker. Administrator and Communlty Development Officer.
Page 2

Fermanagh Rural Communlty Network
IA Company limited by 8uaraThtee, not havlmg a share capitall
DIREcfoRS' ANNUAL REPORT
For thè year ended 31 Marth 2025
Revlew of Acli¥itie5. Achievements and Performance
Femanagh Rural Community Network in its role as the Local Rural Support Network for County Fermanagh
delivered the following key community development support activities to positively benefit and sustain County
Fermanagh's rural communitie5 over the year.
- 76 Full Member Groups and 75 Associate Member Group5.
- 10 Network Management Committee Meetings.
Developing Group Capacity and Projects- 80TrF Member Group support requests including development and
governance assistance. responded to during the year.
- 8 Member Group Support & Advice Workshopsl Informationl Consultation events.
Facebook. Twitter. and Website updated regularly, and information upd3tes circulated.
Network representation on twentv 5trate8icltheme-based partnerships
FRCN and Omagh Forum for Rural are working in partnership to deliver the'DAERA Local Rural Community
Development Support Service Programme, contract for the Fermanogh and Omagh District Council area, with key
areas of work being under the following identified themes:
Support for Community Plannlng
Support for isolated Rural People
Support for the sustainability of Rural Villages
Marginallsed mlnority communities in rural border areas
This contract. funded by Department of Agriculture. Environment and Rural Affalrs IDAERAI, through the Tackling
Rural Poverty and Social Isolation ITRPSII Programme Framework, commenced on 1st November 2023.
FRCN and Omagh Forum for Rural A550ciations worked in partnership to dellver the DAERA Rural Micro Capital
Grant Scheme 202412025. Over Tranche l and 2 of thls scheme. 386 applicant5 from across the rur31 communitles
of Fermanagh & Omagh Distriet recelved grant aid payments of £627,092.70
FRCN continued strategic partnership with Lakeland Community Care Limited to deliver and expand the range of
healthy living. social engagement. and community relations pmjects, delivered within and from Belcoo Healthy
Living Centre.
FRCN have a Start Here Programme Grant from The Rank Foundation which is being used for employment of a
Community Development Officer. The Department o* Communities IDfCI provide the funding for the Start Here
Programme Grant awards under their Covid Employment and Skills Initiative.
- FRCN in portner5hip with Lakeland Community Core Limited,. Erne East Community PartnershiTrOAK Heolthy Living
Centre- ARC Healthy Livin8 Centre.. The Courthouse Kesh Limited: Omagh Forum for Rural Associations delivered
'Poverty Support Programme. that wa5 operated under the workin8 title of'WRAP-We5tern Response & Artion on
Poverf for Femianagh and Oma8h Distrlct Council.
The WRAP Progromme operated overperiod October 2024 to March 2025 during which 204 Households
comprislng 656 Individuals from across the entire Fermanagh and Omagh District received an Individual
Personalised Tailored Plan of support that assisted thelr household in becoming better off in term5 of food securttyi
fuel provision and income level. £64,000 was provided in direct financial support through vouchers for food and
essentlal Items. Through the Bry50n Care Emergency Rellef Fund direct financial support of £24,400 was provided
to 122 participating households in the form of £200 electrlclty top-up credits.
Page 3

Fermanagh Rural Communlty Network
IA company Ilm5ted by8uarantèe, not havlng a share capital)
DIREcfoRS' ANNUAL REPORT
For the year ended 31 Mar¢h 2025
Review of A¢rl¥ltles, Achlevements and Performan¢e
FRCN received funding from the Northern Ireland Houslng Executive Housing under thelr Sustaining Tenancies
Funding Programme to deliver the 'Erne West Sustaining Tenancie5 Project, that supported 66 NIHE tenant
households in the Erne West Area with a lange of actions that have the overall aim of increaslng thelr levels of
social interactlon and wellbeing over the two-year tlme period July 2022 to lune 2024.
FRCN managed the Screggagh Windfarm Community Benefit Fund in which 27 eligible community & voluntary
organisations recelved donations totalllng £57,070.00
FRCN are a Registered Helper Group with the Charity Commisslon for Northern Ireland, advlse and support those
groups re8lsterin8 as a charity and a5S15t registered charities with thelr annual reporting and compliance.
FRCN have promoted the Community Planning process for the Fermanagh and Omagh District, are members of the
Community Voluntary Sertor Forum and Community Planning Strateglc Partnership Board.
FRCN are a member group of Fermanagh & Omagh Interagency Forum for Older People facilitated by South West
Age Partnership that comprises of a community, voluntary and statutory organisations.
FRCN are supporting and have representatlon as social partners on Fermanagh and Omagh PEACEPLUS Partnership
which has been established to oversee the effertive development and implementation of a Local Community Peace
Action plan. The partnership 15 representatlve of communities across the district and includes Councillors, Social
Partners. and Statutory Representatives.
FRCN are member5 of Fermanagh and Omagh District Council's Agricultural Liaison Group that undertakes liaison
with and makes representation to the relevant bodies and agencies on behalf of the rural communities of the
district.
FRCN are members of and have Board representatives on Rural Community Network Nl the regional voluntary
or8anisation that articulates the voice of rural communities on issues relating to poverty, disadvantage. and
equality.
FRCN were a partner organisation on The Lough Erne Landscape Partnership ILELPI programme which for 6
years from January 2019- December 2024. Funded byThe National Lottery Heritage Fund, the programme focus
wa5 to promote and preserve the unique bullt, natural and cultural heritage of Lough Erne and the people who
surround it. The programme was led by RSPB Nl, and other partners included Fermanagh 2nd Omagh District
Councll, Lough Erne Heritage, National Trust, Upper Lough Erne Region and Waterways Ireland.
- FRCN organise the Annual Community Achievement Awards and Networking Event recognisinB achievements of
local Groups and Individuals. Thls event with the FRCN Annual General Meeting promotes and celebrates the
extensive levels of voluntary community activity taklng place throughout County Fermanagh.
Fermanagh Rural Communlty Network Trustees have considered Charity Commisslon for Northern Ireland's
general guldance on public beneflt when reviewing its objectives and In planning its future activities to ensure that
these achieve the networks purposes and provide a benefit to beneficiaries.
Flnancial Review
Fermana8h Rural Community Network is non-profit making with Income In excess of expenditure of £45.707.
The trustee5 and staff contlnue to manage resources in an efficient and sustainable manner.
Page 4

Fermanagh Rural Community Network
IA company limited by 8u/rantee, not havlng a share ¢¥￿tall
DIREcfoRS' ANNUAL REPORT
For Ihe yearended 31 March 2025
Flnanclal Resufts
At the end of the year the company has assets of £ 216,020 12024- £168,9801 and liabilltles of £ 82.380 {2024-
£81,048). The net assets of the company have increased by E 45,708.
Future Plans
Fermanagh Rural Communlty Network are focused on continuing Its role as the Local Rural Support Network
for County Fermanagh and have Secured funding to operate and maintain service provision to its beneficiaries.
Directors
Louise McLaughlin-Borlace
Margaret Burleigh
Brian Richardson
Patrlck Drumm
Liam Jones
Iris Mahon
Rosernary Forde
Kathleen Breen
Pauline Carson
Brian Mcmanus
Oliver Mtcaffr
TonyHarte
In atcordante wlth the Memorandum and Artlcles of Association, the directors retire by rotation and. being eligible,
offer themselves for re-ele¢tlon.
Fermanagh Rural Community Network has a Resource Centre and staffed office maintained with a Network Co-
ordinator and Community Development worker and Administrator.
The secretary who served during the year was..
Brian Richardson
Compliance with Se¢tor- Wlde Leglslatlon and Standards
The company engage5 pro.artively with legislatlon, standards and ¢odes which are developed for the se¢tor.
Fermanagh Rural Community Network subscribes to and is compliant with the following:
- The Companles Act 2006
- The Charlties SORP IFRS 1021
Reser¥es Poli¢¥
Fermanagh Rural Community Network have a Reserves Policyi which requlres that reserves are built or maintained
at a level which ensures that the organisation core activities could continue during a period of unforeseen difficulty
and that the organisatlons known Ilabllltles will be paid should the organlsatlon cease to trade.
Page 5

Fermanagh Rural Community Network
IA tompany IlmSled by 6u•rantee, not ha¥ln8 a share capit311
DIRECTORS, ANNUAL REPORT
For the year endÈd YI March 2025
Public 8eneffts
The benefits which flow form the purpose of Fermanagh Rural Community Network are the provision of practical
support in the form of guidance, information and signposting to their full and affiliated members. A benefit is also
educational and networking opportunities being made available for member groups and the communlty through
accessing the knowledge and Èxpertise of the locally based staff, using the facilities provided in the resource centre
and network servites and programmes. Fermanagh Rural Community Network provldes the above benefits to their
rural communities by directly tackling Issues that are causing disadvantage and Poverty through; Empowerin8 the
voice of rural communities,. Champlonlng excellence in ¢ommunlty development practice; Developing civic leadership
in rural communities through a community development approach; Actively workin8 towards an equitable and
pe3￿fUl soclety- Promoting the sustainable development of rural communities. These benefits can be demonstrated
through the Annual Reports of Fermanagh Rural Community Network and through Dngoing monitoring and evaluation
of work being carried out. The beneficiaries of Fermanagh Rural Community Network are community groups and the
general public living in the area of benefit. There is no harm flowing from the purposes of Fermanagh Rural
Community Network.
Approved by the Board of Dlrectors on 15th September Z025 and slEned on its behaW:
L .
louise MtLau£hlln-Borlace
Dlrertor
rgaret Burleigh
Dlrertor
Page 6

Fermanagh Rural Community Network
IA company Ilmtted by guarantee. r￿t having a share capltall
STATEMENT OF DIREcfoRS' RESPONSIBILITIES
Forthe year ended 31 March 2025
The dlrectors are responsible for preparing the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the
directors have elerted to prepare the financial statements in accordance with United Kingdom Generally Accepted
Attounting Practice Iunited Kingdom Accountlng Standards and applicable lawl Including FR5102 The 'Finan¢ial
Reporting Standards appllcable In the UK and Republic of Ireland, Section IA (Small Entltlesl. Under company law
the directors must not approve the fin?ncial statements unless they are satlsfled that they give a true and fair view
of the state of affairs of the company and of the surplus or defi¢ii of the company for that period,
In preparing these financial statements, the directors are required to:
select suitable accounting policies and apply them fODSiStently-
make Judgements and estimites that are reasonable and prudent;
state whether the flnanclal statement5 have been prepared In accordance with the relevant financial reporting
framework, identify th05e standard5, and note the effect and the reasons for any material departure from those,.
standards: and
prepare the financial statements on the going concem basis unless it 15 inapproprlate to presume that the company
will continue in operation.
The directors confirm that they have complied with the above requlrements in preparing the financial statements.
In so lar as the directors are aware:
there is no relevant information linformatlon needed by the charity'5 independent examiner in connection with
preparing the independent examiners report} of which the charity's independent examiner in unaware and
the direttors have taken all the step5 that they ought to have taken to make themselves aware of any relevant
Independent examiner informttlon and to establish that the charity's Independent examiner Is aware of that
information.
The directors are responsible for keeping adequate accounting records that are sufflclent to show ènd explain the
company's transactions and dlsclose wlth reasonable accuracy at any tlme the financi?1 position of the company and
enable them to ensure that the financial statements comply with the Charitie5 Act INorthern Ireland) 2008. They are
also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention
and detection of fraud and other irregularities.
Approved by the Board of Dlrectors on 15th September 2025 and sl8ned on Its behalf:
Louise McLaughlin-Borla<e
Director
rgaret Burleigh
Dirertor
Page 7

Fermanagh Rural Community Network
IA company Ilm6ted by8uarantre. not havlnB a share capitol)
INDEPENDENT EXAMINER'S REPORTTOTHE BOARD OF DIREcfoRS
OF FERMANAGH RURAL COMMUNITY NETWORK
We havè examined the financial statements of the company for the year ended 31 March 2025, whlch comprise the
Statement of Financial Activities, the Summary Income and Expenditure Accounts, the Balance Sheet and the
related notes.
Thls report is made solely to the company's members, as a body. in accordance with Chapter 3 of Part 16 of the
Companies Act 2006. Our work has been undertaken so that we might compile the financial Statements that we have
been engaged to compile, report to the Board of Dlrectors that we have done 50, and state those matters that we
have agreed to state to them in thls report and for no other purpose. To the fullest extent permitted by law, we do not
accept or assume responsibility to anyone other than the company and the company's members, as a body* for our
work, or this report.
Respertive responslbllltles of dlredor5 and examiner
The company's trustees (who are the directors of the company for the purposes of company lawl are responsible for
the preparation of the flnanclal statements in accordance wlth the requirements of the Companies Act 2006 and that
an independent examination is requlred.
It Is our responsibility to:_
- examine the financial statements under Section 65 of the Charities Art:
follow the procedures laid down by the general Oirections given by the Charity Commission for Northern Ireland
under settion 6519llbl of the Charities Act, and
state whether particular matters have come to our attention.
Basis of independent examlner's report
We have examined your company financial statements as required under sectlon 65 of the Charities Act and our
examinatlon was carried our in accordance with the 8eneral Directions given by charity Commission for Northern
Ireland under section 6519llbl of the Charities Act. An examination includes a review of the accounting records kept
by the company and a comparison of the financial statements presented with those re¢ords. It also includes
consideration of any unusual items or dlsclosures in the financial statements and seeking explanations from the
directors concerning any such matters. The procedures undertaken do not provide all the evldence that would be
requlred in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair, view
and the report is limited to those matters set out in the statement below.
In connertion with our examinatlon. no matter has come to our attention which glves us cause to belleve that In any
material aspect:
accounting records were not kept in accordance with section 386 of the Companies Act 2006
- the financial statements do not accord with those accounting records
- the financial statements have not been prepared in accordan¢e with the accounting requirements of section 396 of
the Companles Act 2006 and with the methods and prlnciples of the Statement of Recommended Practice applicable
to charitie5 preparing their accounts in accordance with the Financlal Reportlng Standards applitable in the UK and
Republlc of Ireland IFRS1021
-there is further information needed for a proper understanding of the accounts to be reached.
Page 8

Fermanagh Rural Community Network
IA company Ilrnlted by 6uarantÈ*, not hav5￿ a share capital)
INDEPENDENT EXAMINER'S REPORTTO THE BOARD OF DIREcfoRS
OF FERMANAGH RURAL COMMUNITY NETWORK
Independent examiner's Ststement
We have no concern and have came across no other matters in connertion with the examlnation to which attention
should be drawn in this report in order to enable a proper understanding of the financial statement to be r¢a¢hed.
Anthony Rasdale
MacNeary Rasdale & Co Ltd
"Wellington House"
30 Darling street
Enniskillen
Co. Fermanagh
15th September 2025
PaBe 9

Fermanagh Rural Community Network
IA company Ilmlied by 8uaraAtee, not havlng a share ¢apltall
STATEMENT OF FINANCIAL AcfiviTIES
Fty the year Ènded 31 March 2025
Unrestrlrted Restrlcted
Funds
Funds
Totsl
Unrestrlcted Restricted
Funds
Funds
2024
2024
Total
2025
2025
2025
2024
Notes
Incoming Resourtes
Charitable activities
Grants from governments
and other co-funder
Artlvities for generatin£ funds
Other income
389,019
389,019
277,015
277,015
2,853
2.853
7,822
7.822
Totsl in¢omlnz resources
2,853
389.019
391,872
7,822
277.015
284,837
Resources Expended
Charitable activities
346,165
346.165
281.182
281.182
Net incomingloutgoing
resources before transfers
Gross transfe[5 between
funds
2.853
42,854
45,707
7.B22
14,1671
3,655
Net movement in funds
for the year
2,853
42,854
45,707
7.822
{4,1671
3,655
Recondllation frffvnds
Balances brought forward at
l Aprll 2024
15
88.867
1935)
87.932
81,045
3.232
84,277
Balances carried foThvard
at 31 March 2025
91,720
41,919
133,639
88,867
19351
87,932
The Ststement of Financial Artivities includes all gains and losses recognised in the year.
All income and expenditure relate to continuing activities.
PaBe 10

Fermanagh Rural Community Network
IA ¢ompany limited by Kuarantee. not having a Share capital)
SUMMARY INCOME AND EXPENDITURE ACCOUNT
For the yèar ended 31 Mar¢h 2025
Statement of
Financial Activilies
2025
20Z4
Gross income
Unrestricted funds
Restricted funds
2,853
389.019
391.872
284,837
Total Income
Total expenditure
391,872
284,837
1346,1651 1281.1821
Net income/{expendlture)
45.707
3,655
The company has no recoBni5ed gain5 or losses other than the results for the year. The results for the year have
been calculated on the historical cost basis.
Page 11

Fermanagh Rural Communlty Network
IA ¢ompany limltèd by 8uarantee, not having a share captsll
BALANCE SHEEr
as at 31 March 2025
2025
2024
Notes
Fixed A55ets
Tangible assets
io
7.610
9,513
Current A55ets
Debtors
Cash at bank and in hand
li
27.000
182,134
209.134
25,100
135,280
160,380
Creditors: Amounts falling due
within one year
12
182.3801
{81.0481
Net Current Assets
126,754
79,332
Total Assets less Current Llabilities
134,364
88,845
Grants receivable
13
17241
19131
Net Assets
133.640
87.932
Funds
Restrlcted trust funds
General fund lunrestrictedl
41,919
91.721
19351
88.867
Total funds
15
133,640
87.932
These financial statements have been prepared In accordance with the special provi5ion5 relatin8 to small companies
wlthln Part 15 of the Companies Act 2006.
For the financial year ended 31 March 2025 the company was entitled to exemption frorn the audit under section 477
of the Companies Act 2006.. and no notice has been deposited under section 476.
The dlrertors confirm that the members have not requlred the company to obtain an audit of it5 finanelal statements
for the year in question in accordance wlth section 476 of the Companles Act 2006.
The directors acknowledge their responsibilltles for ensuring that the company keep5 ac¢ountlng records which
comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs
of the company a5 Zt the end of the financial year and of its profit and loss for the financial year in accordance with
the requirements of section5 394 and 395 and which otherwise comply with the requirements of the Companies Act
2006 relating to financial statement5, 50 far as applicable to the company.
Page 12

Fermanagh Rural Communlty Network
IA company limited by Èuararttee. not ha¥ins a share tapltall
BALANCE SHEET
as al 31 Marth 2025
The financlal statements have been prepared in accordance wlth the provision5 applicable to companies subject
to the small companie5, regime and in accordance with FRS 102, The Financial Reporting Standard applicable in the
UK and Republic of Ireland,, applying Section IA of that Standard.
Approved by the Board of Dlrectors and aulhorised for Issue on 15th September 2025 and slgned on Its behalf by:
Louise McLaughlin-Borlace
Director
Margaret Burlel8h
Director
P¥e 13

Fermanagh Rural Communlty Network
IA Com￿n¥ limlted by guarantee. not havln8 a share caprtall
NOTES TO THE FINANCIAL STATEMENTS
forthe year ended 31 March 2025
GENERAL INFORMATION
Fermanagh Rural Community Network is a company limited by guarantee not having a share capital incorporated in
Northern Ireland. The registered office of the tompany is 3 Queen Street, Enniskillen, Co. FermBnagh, BT74 7JR which
is also the principle place of business of the company. The financial statements have been presented in Pound
Sterling {£) whith is also the functional currency of the company.
ACCOUNTING POLICIES
The following accounting policies have been applied consistently in dealing with items which are considered
material in relation to the charity's financial statements.
Basls of Preparatlon
The financial statements have been prepared under the historical c05t convention and in accordance wlth the
Companies Act 2006 and Part 8 of the Charities Act INorthern Ireland) 2008. They also comply with the Statement of
Recommended Prartise ISORP 2005. as updated in 2008} and with the financial reporting standards. The following
accounting policie5 have been applied conslstently In dealing with items which are considered material in
relation to the company's financial statements.
Statement of compllance
The financial statements of the company for the year ended 31 March 2025 have been prepared on the going
concern basi5 and in accordance with the Statement of Recommended Practlce ISORPI ' Accounting and Reporting by
Charlties preparing their accounts in accordance with the Flnancial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021 leffective l January 2015}' and FRS102 'The Financial Reporting Standard applicable
in the UK and Republic,, applying Sertion IA ot that Standard.
Cash flow statement
The company has availed of the exemption in FRS102 from the requirement to produce a cash flow statement
because it is classified as a small company.
Incomin8 Resource5
Voluntary income or capital is included in the Statement of Financial Activities when the company is legally entitled
to it. its financial value can be quantified with reasonable certainty and there is reasonable certainty of its ultimate
receipt. Entitlement to legacies is considered established when the company has been notified of a distribution to
be made by the executors. Income received in advance of due performance under a contract is accounted for as
deferred income until earned. Grants for activities are rerognised as Income when the related conditions for legal
entltlement have been met. All other income Is accounted for on an accruals basis.
Resources Expended
All resources expended are accounted for on an accruals basi5. Charitsble actlvities include cost5 of services and
grants. support costs and depreciation on related assets. Costs of generating funds similarly include fundraising
artivities. Non-staff costs not attributed to one category of activity are allocated of apportioned pro-rata to the
stafling of the relevant service. Finance. HR. IT and admlnistrative stsff costs are directly attributable to individual
actlvlties by objective. Governance costs are those associated with constltutSonal and Statutory requirements.
PaBe 14

Fermanagh Rural Community Network
(A company Ilmlted by8uarnTrtee, not havlng a share capltall
NOTES TO THE FINANCIAL STATEMENTS
for thè year ended 31 March 2025
Tan8lble flxed assets and depreciation
Tangible fixed assets are stated at C05t or at valuatlon, less accumulated depreciatlon. The charge to depreciation
is caltulated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value,
over their expected useful lives as follow5:.
Fixtures, fittings and equipment
-20% reducing balance
Debtors
Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the
amount prepaid net of any trade discounts due. Income recognised by the company from government agencies and
other co-funders. but not yet received at year ended. is included in debtors.
Cash at bank and in hand
Cash at bank and in hand comprises cash on deposit at bank5 requiring less than three rnonths notice withdrawal.
Taxation and deferred taxation
No current or deferred taxation arises as the company has been granted charitable exemption. Irrecoverable valued
added tax is expensed as incurred.
3. GOING CONCERN
The Directorsnrustee5 envisage that based on fvture funding OPF)Ortunities the company will be performing on a
much lesser scale. The Direttorsnru5tees confirm that it is appropriate to prepare the financial statements on a
golng concern b3SIs. The financial Statements do not include any adjustments that would result if the going concern
basis was not appropriate.
4. INCOME
4.1 CHARITABLE AcfiviTIES
Unrestricted Restricted
Funds
Funds
2025
2024
Screggagh Wind Fam
DAERA- Rural Community Development Support Service
Fermanagh & Omagh District Council
Lakeland Community Care
NI START
Co-op Ireland Safe
Dfc Volunteering
NIHE
SPRING
OFRA/DAERA
OFRAIDAERA Micro
61,969
406
167,420
4,227
44,222
61.969
406
59.923
131
123,8flJ
15.586
15,615
35,248
ICN)
22.987
3.625
167.420
4,227
44.222
loo
loo
84,495
26,497
389,336
84,495
26,497
389,336
277,015
PaNe IS

Fermanagh Rural Communlty Network
IA company limlted by guaTrntee, not having a share capltal
NOTES TO THE FINANCIAL STATEMÉNTS
for the year ended 31 Mar£h 2025
4.2 OTHER TRAOING AcfiviTIES
UnrÈstrlrted Restricted
Funds
Funds
2025
2ill4
Other Funds Generated
Unre5trirted Restrlrted
Funds
Funds
2025
2024
4.3 OTHER INCOME
Other income
2,853
2,853
7,822
5. EXPENDITURE
5.1 CHARITABLE AcfiviTIES
Dirert
Costs
Other
Costs
Support
Costs
2025
2024
Screggagh Wind Farm
Fermana8h & Omagh District Council
OFRA/DAERA
Lakeland Community Care
Other Income
61,969
167,420
84,495
4,227
2.853
59,923
123,800
35.248
15,586
5,466
16.637
15,615
3.625
NIHE
NI START
SPRING
OFRA/DAERA Micro
44.222
26.497
391,683
275,900
5.2 SUPPORT COSTS
2025
21)24
Travel and Subsistence
Training and networking events
General office expenses
Accountancy fees
Legal znd professional fees
Group Support
3,427
3,529
11,544.
2,276
4.112
2.418
13,147
1,140
209,664
230,440
160,754
181,571
Pa8e 16

Fermanagh Rural Communlty Network
IA company limilÈd byguarantee. not ha¥in8 4 share capltall
NOTES TO THE FINANCIAL STATEMENTS
forthe year ended 31 March 2025
6. ANALYSIS OF SUPPORT COSTS
2025
2024
Basls of Apportionment
Direct Costs
Direct Costs
Travel and Subsistence
Training and networkin8 events
General office expenses
Accountancy fee5
Legal and professlonal fees
Group Support
3,427
3,529
11,544
2,276
4,112
2.418
13,147
1.140
Direct Costs
Direct Costs
Direct Costs
Direct Cost5
209,664
230,440
160,754
181.571
7. NEf INCOMING RESOURces
2025
2024
Net Intomlng Resources are stated after charging/lcrediting}:
Depreciation of tangible assets
Amortisation of grants receivable
1,903
1189)
1,714
2,378
12311
2,147
8. INVESTMENT AND OTHER INCOME
2025
2024
Amortisation of capital grants recelved- SEUPB
Amort15ation of capital grants- DARD
Amort15ation of capital grants- Dfc
32
56
57
loo
75
100
189
231
9. EMPLOYEES AND REMUNERATION
The average number of persons employed (including executlve dlrectorsl durlng the year was as follows.,
2025
Number
2024
Number
Administration
The staff costs comprlse-
2025
2024
Wage5 and salaries
Penslon costs
105.657
5.677
111,334
92,084
5.149
97.233
Pame 17

Fermanagh Rural Community Network
IA company Ilmlted by8uarantee, not havlng a share capltall
NOTES TO THE FINANCIAL STATEMENTS
lorthè year Ènded 31 Marth 2025
10. TANGIBLE FIXED ASSErs
Flxtures.
ffttlnES and
equipment
Total
At l April 2024
Additions
36,132
36,132
At 31 March 2025
36.132
36,132
Depreclatlon
At l April 2024
Charge for the year
26,619
26,619
1,903
28,522
1,903
28,522
At 31 March 2025
Net book value
At 31 March 2025
7,610
7,610
At 31 March 2024
9,513
9,513
11. DEBTORS
2025
2024
Other debtors
27.000
25,100
27,000
25,100
12. CREDITORS
Amounts falling due wlthin one year
2025
2024
Other creditors
Accruals and deferred Income
20,411
61,969
82,380
23,481
57,567
81,048
Page 18

Fermanagh Rural Communlty Network
IA ￿MpanY limited by guarantee. not havlng a share capital)
NOTES TO THE FINANCIAL STATEMENTS
for the year end￿ 31 March 2025
13. GRANTS RECEIVABLE
2025
2024
Capital grant5 received and recelvable
At l April 2024
Increase in year
6,911
6,911
As 31 March 2025
6.911
6.911
Amortisatlon
At l April 2024
Amortised in year
15.9981
11891
15,767)
12311
At 31 March 2025
16.1871
15,998}
Net book value
At 31 March 2025
724
913
At l April 2024
913
1,144
14. RESERVES
2025
2024
At l April 2024
for the year
87,932
45.707
84,277
3,655
At 31 March 2025
133,639
87,932
IS. FUNDS
15.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unrestrlrted Restrlcted
Funds
Funds
Total
Funds
At l Aprll 2023
Movement during financial year
At 31 March 2024
81,045
7,822
88,867
3,232
14.1671
19351
84.277
3,655
87,932
Movement during financial year
2,853
42.854
45.707
At 31 March 2025
91,720
41.919
133,639
Pase 19

Fermanagh Rural Communlty Network
IA ¢ompany limited by guaranlee. not havlnB a share ¢aprtall
NOTES TO THE FINANCIAL STATEMENTS
foT the year endÈd 31 March 2025
152 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
l April
2024
Income
Expenditure Transfers
Balance
between 31 Marth
funds
2025
DAERA
Fermanagh & Omagh District Council
ScregEagh Windfarm
Miscellaneous income
Lakeland Care
OFRAIDAERA
OFRAIDAERA Micro
NIHE
89
167,420
61,969
2,853
4,227
84,495
26,497
89
9.000
167,420
61.969
9.000
7.320
10,173
4,227
84,495
26,497
NI START
DFC Volunteering
44,222
loo
1.368
loo
42.854
16,320
391,872
346,165
62.027
Unrestrlrted Income
Fermanagh Rural Community Network
71,612
71,612
Total funds
87.932
391,872
346,165
133,639
16. STATU5
The company is Ilmlted by guarantee not having a share capital.
The liability of the members is limited.
Every member of the company undertakes to contribute to the assets of the company in the event of its being wound
up while they are members, or within one year thereafter, for the payment of debts and Ilabllltles of the company
contracted before they ceased to be members, and the costs. charges and expenses of winding up. and for the
adjustment of the rights of the contrib￿or$ among them5elve5, such amount as may be required, not exceeding £1.
17. POST-BALANCE SHEET EVENTS
There have been no slgnificant events affecting the Charity since the year-end.
Page 20