Indepeiident exaiiiiiier"s i'eport to tlie Charity Trustees of Glenaden Arena Limited . th I report on tlie accouiits of tlie Cliarily for the year ended 30 September 2023. Respective respoi)sibilities of Charity trustees and examiner. As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Nortliern Ireland) 2008. It is my responsibility to: Examine the accounts under section 65 of the Charities Act Follow the procedures laid down in the general Directions given by the Commission under section 65(9) (b) of the Charities Act State whether particular matters have come to my attention. Basis of independent examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with general Directions given by the Charity Commission for Northern Ireland under section 65 (9) (b) of the Charities Act. My 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 consideration of any unusual items or disclosures 11] the accounts. seeking explanations from you as charity trustees concerning any su¢h matters. My role is to state whether any material matters have come to my attention giving me cause to bclieve: l. That accounting records were not kept in accordance with section 63 of the Charities Act. 2. That the accounts do not accord with those accounting records. 3. That the accounts do not comply with the accounting requirements of the Charities Act. 4. That there is further inforniation needed for a proper understanding of the accounts to be reached. Independent examiner's statement I have completed my examination and have no concerns in respect of the matters (l) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland. I have found no matters that require drawing to your attention. Richard A Mccorkell Mccorkell & Co, 41a Clooney Terrace, Waterside Londondery. BT47 6AP Fellow of the Association of Chartered Certified Accountants 2] June 2024
Glenaden Arena Limited Company Ilmtted by guarantee Detailed income statement Year ended 30 September 2023 2023 2022 Turnover Fees receivable 34.402 35.643 34,402 35,643 Cost ol sales Wages and salaries Light, heat and pow8r Rent payable (658) {705) (19,250) 18,507> {392) (21.000> (20,613) (29,899) Gross profll 13,789 5,744 Gross profil percentage 40.1 /. 16.1V. Ov8rheads Dislrlbution costs Insurance Telephone Depreciation of tangible assets {4,786) (91) (4,1111 (197) {2,144) Adminislratlve expenses Repairs and mainlenance Accountancy lees General expenses 1157) (493) {1,731) (4,538) (637) (2,240) {7.258) (13.867) Operatlng profltl(loss} 6,531 (8,123) Operatlng profltl(loss} percentage 19.0/. 22.80/. Interest payable and similar 8xpenses (29) (421 J Profill{1088) before taxatlon 6,502 (8,544)