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)