Charity number: NIC 100168
Company number: NI 030366
Gas Yard Wall Feile Limited
(A company liniited by guarantee)
Directors, report and financial statements
for the year ended 31 March 2025

Gas Yard Wall Feile Limited
(A company limited by guarantee)
Contents
Page
Legal and administrative inforn]atTon
Directors Report
Independent Examiner's Report
Statement of Financial Activities
Balance sheet
Notes to the accounts
8-13

Gas Yard Wall Feile Limited
(A company limited by guarantee)
Legal and Administrative Tnformation
Charity Name
Gas Yard Wall Feile Limited
Charity Number
NIC100168
Company Registration Number
NT030366
Reglstered Office
The Old Clinic
Fanad Drive
Deryy
BT48 9QE
Directors
Sean Collins
Donna Mccloskey - Resigned l Oth November 2024
George McGowan
Sharon Meenan
CÈaran O'Donncll
Secretary
Nora McGowan - Appointed 16th January 2025
Accountants
McGroaty Mccafferty & Company Ltd
Accountants and Tax Consultants
2 Carlisle Terrace
Derry. BT48 6JX
Bankers
Bank of Ireland
27 Culmore Road
Dery
BT48 8JB
Page I

Gas Yard Wall Feile Limited
(A Lompany limited by guarantee)
Director's Report
The directors present their report and the f￿ancial statements for the year ended 31 March 2025.
Principal Activity
The Gasyard Wall Féile is a year rouiid cultural programme based in the Bogside /Brandywell areas but with
activities and events taking place throughout the Triax Renewal area and the wider Deny City & Strabane
District Council area.
Directors and their interests
The diiectors of the charity for the purposes of charity law and throughout this report are collectively referred
to as the directors.
The directors serving during the year and since the year end were as follows:
Sean Collins
Sharon Meenan
Ciaran ODonnell
George McGowan
Donna Mccloskcy - Resigned l Oth November 2024
Structure? governance and management
The orgaIiisation is a compajiy with charitable status. The entity was forrned on 4th March 1996. The
company was established under Memorandum & Articles of Association which outlined the area of benefit
atid the objects of the charitable organisation.
AII members of B0￿d give their time voluntarily and received no benefits from the charity.
The board of directors meets as required and is responsible for policy, strategic direction and overall
govemauce.
Risk Management
The directors have a risk management strategy which consists of establishing a system of identifying risks and
mitigating such risks.
Financial reTriew
The financial performance is summarised on pages 5 to 13.
Directors Responsibilities In Relation To The Financial Statements
The directors are responsible for preparing the directors report and the financial statements in accordance
with applicable law and regulations.
Company law requires the directors to prepare financial staten)ents for each fInancial year that give a true and
fair view of the state of the affairs of the Ch￿lty at the end of the financial year and of its surplus or deficit for
the financial year. In doing so the directors are required to..
select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP (FRS 102).
- make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material departures
disclosed and explained in the financial statements;
P9trp. 2

Gas Yard Wall Feile Limited
(A company limited by guarantee)
Directors Report
..continued
prepare the financial stateTnents on the going conceni basis unless it is inappropriate to presuine that the
charity will continue in business.
The directors are responsible for maintaining proper accounting recoi'ds which discIose witb reasonable
accuracy at any time the fInancial position of the charity and enabl¢s them to ensure that the financial
statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the
assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
This i'eport is prepared in accoi'dance with the special provisions of part 15 of the Companies Act 2006
relating to small companics.
This report was approved and authorised for issue by the Board on I l November 2025 and signed on its
behalf by
Director
Director

Gas Yard Wall Feile Limited
(A company Ilmited by guarantee)
Independent examiner's report on the unaudited financial statements to the directors of
Gas Yard Wall Feile Limited
We report on the accounts of the company for the year ended 31 March 2025, which are set out on pages
5-13.
Respectfive responsibilities of charity directors and examiner.
As the charity directors you are responsible for the preparation of the accounts in accordance with the
requirements of the Companies Act 2006. Having satisfied ourselves that the charity is not subject to audit
under company law, and is eligible for independent examination, it is our responsibility to;
examine the accounts under section 65 of the Charities Act 2008.
follow the procedures laid down in the general directions givell by the Charity Commission for Northern
Ireland under section 65(9)(b) of the Chartties Act 2008.
state whcther particular matters have come to our attention.
Basis of independent examiner's report
We liave examined your charity accounts as required under section 65 of the Charities Act and our
examination was ¢￿Tled out in accoi'dance witb the general directions given by the Charity Commission for
Northern Treland under Section 65(9)(b} of the Charities Act. The examination included a review of the
accounting records kept by the charity and a comparison of the accounts presented with those records. It also
included a consideration of any unusual items or disclosures in the accounts, and seeking explanations from
you as charity directors concerning any such mattels.
Our role is to state whether any material matters have come to our attention giving us cause to believe".
that accounting records were not kept in accordance with section 3 86 of the Companies Act 2006;
that the accounts do not accord with those accounting records.
that the accounts do not comply with the accounting requirements of the Section 396 of the Companies Act
2006 and the methods and principles of the Cbarities Statement of Recommended Practice appli¢abl¢ to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of li'eland.
- that there is further infonnation needed for propcr undcrstanding.
Independent examiner's statement
We have completed our examination and have no concerns in respect of the matters listed above and, in
connection with the following directions of the Ch￿ltY Con]mission for Northern Ireland, we have found no
matters that require drawing to your attention.
McGroarty, Mccafferty & Company Ltd
Accountants & Tax Consultants
2 Carlisle Terrace
Derry
BT48 6JX
Date: I l November 2025
Paoe 4

Gas Yard Wall Feile Limited
(A company limited by guarantee)
Statement of Financial Actfivities
for the year ended 31 March 2025
Year
Ended
2025
Unrestricted
Funds
Year
Ended
2024
Restricted
Funds
Income and Expenditure
Notes
Incoming Resources
Yoluntary Income..
Graiits & Sundry Income
Total Incoming Resources
36,479
341,525
378,004
499,860
36,479
341,525
378,004
499,860
Resources Espended
Management & Admillistration
Total Resources Expended
11,016
347,019
358,035
486,540
1,016
347.019
358.035
486,540
Net Incoming l (Outgoing) Resources
25,463
(5,494)
19,969
13.320
Balances brought fonvard l April 2024
66,025
13,290
79,315
65,995
Balances carried forward 31 March 2025
91,488
7,796
99,284
79.315
The above amounts relate to continuing operations of the charity.
The cbaTity has no recognised gains and losses other than those included in the results above and therefore no
seperate statement of total recogmised gains and losses has been presented.There is no difference between the
net inLoming resources for the year stated above and their historical cost equivalents.
Page 5

Gas Yard Wall Feile Limited
(A company limited by guarantee)
Balance sheet
as at 31 March 2025
2025
Notes
2024
Fixed assets
Tangible assets
Current assets
Debtors
Cash at bank and in hand
1,726
7,299
143,895
10.102
206,862
5.894
153,997
212,756
Current liabilities
Bank loans and overdrafts
Other creditors
Accruals
15,111
21,350
19,978
9,248
40,798
90,694
56,439
Net current assets
140.740
97,558
Total assets less current
liabilities
72,016
99,284
79,315
Funds
Unrestricted funds
Restricted funds
91,488
7,796
66,025
13,290
Total funds
99,284
79,315
Paee 6

Gas Yard Wall Feile Limited
(A company limited by guarantee)
Balance sheet (continued)
Directors, statements required by Sections 475(2) and (3)
for the year ended 31 March 2025
In approving these financial statements as directors of the company we hereby ¢onfimi."
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small
ompanies.
The members have not required the company to obtain an audit in accordance with section 476 of the
Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of thc Companies Act
2006 with respect to accounting records alld preparation of a¢counts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to
the small Companies regime and in accordance with SORP (FRS102).
The financial statements were approved and authorised for issue by the Board on I l November 2025 and
signed on its behalf by
Director
Director
Date." 11 November 2025
Date: I l November 2025
Registration No: N1030366
PaEe 7

Gas Yard Wall Feile Limited
Notes to the accounts
for the year ended 31 March 2025
General Anformation
The company is a private company limited by guarantee, registered in Northern Ireland. The address of
the registered office is The Old Clinic, Fanad Drive, Derry, Northern Treland, B T48 9QE.
1.1. Accounting convention
The principal accounting policies adopted in the prepardtloll of the fmancial statements are set out
below and have remained unchanged from the previous year, and also have been consistently applied
within the same accounts.
The financial statements have been prepared in accordance with Accounting and ReportiT]g by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporttng Standard applicable in the UK and Republic of Ireland
Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102), the Companies Act 2006 and the Charities Act (ND 2008.
The financial statements are prepared on a going concern basis under the historical cost convention.
modified to included certain items at fair value. The fmancial statements are presented in stei'ling
which is the functional currency of the charity.
Fund accounting
Unrestricted funds are available for use at the discretion of the directors in furtherance of the general
objectives of the charity.
Designated funds are unresticted funds eamiarked by the managemeT]t committee for particular
purposes. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or
through the terms of appeal.
Incoming resources
All incoming resources are included in the staternent of financial activities when the charity is entitled to
the income and the amount can be quantified with reasonable accuracy. The following specific policies
are applied to particular categories of income:
Voluntary income is received by way of ￿ants, donations and gifts and is included in full in the
statement of financial activities when receivable. Grants where entitlement is not conditional on the
delivery of a specific perfonnance by the charity, are recognised when the chartty becomes
unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The
value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generating funds when
they are sold.
1.4. Resources expended
Expenditure is recognised on an accrnal basis as a liability is incurred. Expenditure includes any VAT
which cannot be fully recovered, and is reported as part of the expenditure to whieh it relates.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and
services for its beneficiaries. It includes both costs that can be allocated directly to StJL'h activities and
those costs of an indirect nature necessary to support them.
Page 8

Gas Yard Wall Feile Limited
Notes to the accounts
for the year ended 31 March 2025
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates
calculated to writc off the cost or valuation less residual value of each asset over its expected usefvl life,
as follows-
Fixtures & Fittiings
20 /0 Straight Line
Incotne
2025
2024
Restricted Income
Department of Foreign Affairs
Fulure Screens NI
Rio Ferdinand Foundation
Volunteer Investment Progran]me
Radius Housing
Department foi. Communities
TEO - Urban Village
TEO - Streets Alive
TEO - Commuiiities in Transition
TEO - Good Relations
Deny City & Strabane District Council
20,534
24,856
1,100
1,843
6,500
25,022
16,500
18,500
126,635
70.652
29,383
20,037
254,396
154.294
6,950
341,525
479,576
Unrestricted Income
Donations & Project Income
36,479
20,284
36,479
20,284
Total Income
378,004
499,860
(i)
Restricted Funds
Funds received which are eannarked by the Funder for specific purposes. Such pU￿oseS are
within the overall aims of the organisation.
(11) Unrestricted Funds
Funds which are expendable at the discretion of the company in furtherance of the aims of the
charity. In addition funds may be held in order to fmance Capital investment and working
capital.
Paoe 9

Gas Yard Wall Feile Limited
Notes to the accounts
for the year ended 31 Marcb 2025
Resources Expended
Unrestricted
Funds
Restricted
Funds
Total
2025
Total
2024
Management & Administration
Staff costs
Hire of sites, equipment & venues
Insurance
Eventsl Programme Costs
Programme printing & marketing costs
Telephone
Sundry expenses
Siibscriptions
Accountancy fees
Bank Charges
Depreciation
169,317
5,566
2,130
152,-337
10,238
752
169,317
5,566
2,130
161,587
10,238
752
147,263
3,001
1,464
325,346
697
821
34
9,250
201
1,290
275
201
1,290
275
6,679
1,110
346
6,458
6,679
11,016
347,019
358,035
486,540
Net (outgoing)lincoming resources for the Year
Year
Ended
2025
Year
Ended
2024
Net (outgoing)/incoming resources is stated after charging..
Depreciation and other amounts written off tangible fixed assets
6,679
6.458
Page 10

Gas Yard Wall Feile Limited
Notes to the accounts
for the year eDded 31 March 2025
Staff costs
Employment costs
2025
2024
Wages and salaries
Pension Costs
159,594
9,723
139,048
8,215
169,317
147,263
No employee received emoluments of more than £60,000 (2024: None)
The average monthly numbers of employees during the , calculated on the basis of full time equivalents,
was as follows:
2025
Number
2024
Number
A verage number of employees
Taiation
As a ch￿lty, Gas Yard Wall Feile Ltd is exempt from on income and gains falling within section
505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that
these are applied to its chargeable obj¢cts. AcLordingly. no tax eharges have arAsen in the CE￿ity.
Page 11

Cas Yard Wall Feile Limited
Notes to the accounts
for the year ended 31 March 2025
Tangible r￿ed assets
Equipment
Total
Cost
At l April 2024
Additions
32,291
1,106
32,291
1,106
At 31 March 2025
33,397
Depreciation
At l April 2024
Charge for the year
At 31 March 2025
33.397
24,992
6,679
24,992
6,679
31,671
Net book value
At 31 March 2025
At 31 March 2024
31.671
1,726
1,726
7,299
7,299
Debtor5
2025
2024
Grant Income due
143,895
206,862
Creditors: amounts falIing due
within one year
2025
2024
Other creditors
Bank loans and overdraft
Ae¢ruals & derC￿ed incom¢
10,000
15,111
31,328
19,130
9,248
112,362
56,439
140,740
Page 12

Gas Yard Wall Feile LAmited
Notes to the accounts
for the year ended 31 March 2025
Movements in Funds
At
At
l April Incoming Outgoing 31 March
2024 resources resources
2025
Restricted funds:
Total restricted funds
Unrestricted funds:
Total unrestricted funds
Total funds
13,290
341.525 (347,019)
7,796
66,025
36,479
(11,016)
378,004 (358,035)
91,488
79,315
99,284
Purposes of Restricted Funds
Restricted grants awarded to the charity is provided to cover the core objects as explained in directors
report.
10.
Related Party Transactions
There were no related paty transactions ill period under review.
ii.
Limited by Guarantee
Gas Yard Wall Feile Limited is a company limited by guarantee and accordingly does not have
share capital.
12.
Controlling interest
Ultimate control of the charitable company lies with the directors.
Page 13