C()i))PLiliy Niiinbei.: Nl l?994 C'hai'ily RL&Fisiratioii N'uiiiber.. ,N'l(' I l)Illil? STRABANI E C()MML'NITY UNEMPL()YED GR()UP FINANCIAL SI'A'I'EMLryT6i b'C)R THE Yb:AR r.Nl)li l).IISI' MAIICH 2024
STRABANE CoqluN[Ty UYF.NIPI,OYF.D GROUP CONTENTS PaLie LL%&yal & Adiiiiiii%ti'alii'L Intoriii<ltioii TiiislLLS' Elepoi'l Ii)dei)eiidciit Exiiiiiiiiei'%' Repoi'l %lcilLiiILiII ()t" FiiiniiLilc l AcliviliL 13dlaiiLe SlieLt N()ILS 1() IIIL fiii<lllL ial SlatLiiiLiil DL'liiilLLI InL()IIIL <iiid I'xpciidilLII'L' ALL(Trunl Pagc12
STRABAYE COMMUYITY UNENIPLOYED GROUP LEC.AL & ADMI.NISTIUTIVE INFORMATIO.N Trustees Mi. D. O'Hugaii MI. GLI'cilLI DLvIiii M% Loi'i-'cllllL MLillaii Mrs M MILiiiigFliliii Ms (' HLiidly Mi. A Bi-owii M% A ShcirkLy Rc'glstL'red ()t'llce Unit 8 Mcirkct CLiilrL Upi)¥i' Mdili Street Sirc11)LlllC Co Tyi'oiiL I ndL'PLhndent r.x#iiiiner Siiie<id O'l)ohLrly ALL()Liiilclllt 211 (il¥i)viLw Maiivi- L () .1 yi'i)IlL BT8? IllA Bmnkei's 14Linl< <)t' Ii'elaiiLI Q'<) I'yi'()Il¥ B T7() IIA I:; Conipani. Nun)ber N132994 Charltv NumbLhJ': NIC I0(13L)2
STRABANF. COMMUNITY UNF.MPLOYED GROUP TRUSTL&-S' RF.POR"I' FOR THF. YEAR EDF.D.1 MI ARCH 2024 I"lie Trusteeq are i)leased lo pi'eseni tlieir aniiiial I'epiort togeil)er witli ilie fiiiaiiLigL I s11( ieml'iils and ihe I'epoi't ot. the iiideiieiidciii cxainiiicr fui. Ilie year ci)ded 31 51 Mcll'ch 21)24. Tlii% 1.% cl Llicll'it¢il)le Li)iiii)aiiy liiiiited l)y ¥LIUI'c'iiilee uii(l £lLLepted a.% ¢1 Llidl'lty l)y H M Ilevciiue ciiid Cu41oiii% LIIILler I'el'ei-LiILe XR14C)y2. C)b'ectii'es ai)d Activities TIIL. C'liarily'% L)bjeLI.s ai'¢ lo i'clievL Poverty aiid to pi'()vidL ciclvaiiL¢ ¢dLILLili()ii l()i- IIIL Ill'()ILLIi(Iii ot" iiILiilcil IILiiltli i4%Lies ciiiioiig iie(>pl¢ %Llt'teriiiu ti'oiii ilie effeLls of illiLiiiploynieiil in Stl'cil)iinL iinLI Tlie C'liui-ily % 111(1111 dLtiviliL% iire tu i)i-()iiioIL tlie beiielil ol. Ilie inlicibiliiiils Ot, Sti-ab&ine 211ILI I)i411'iLt l()i' rLLI'¥¢)Iioii iiiiil ILI%III-L IiiiiL ()LLIII)cili(Iii, witli iIIL objLLI ofr. iiiiiii'i)k iiiby IIiL Loiidiliun% ot. l i IL foi. IIIL AL'hlL'I'L'I)ILllts und Pi'i'fi>I'ii)nCe. I'IIL I31Icll'd 'Ll.¥ LIIL()Lll'clblLcI L)y IlLiiiibL'I'% Llll-l)IILd (111 L(iiii'%Ls Ilir(>Li&ylI()Iit tliL !L'ir. TIIL ti)tIL I li'i)111 Api'i I ?{l?.l li) Mil1'Lh ?11?4 dllll)LiiIILLI lo 175, w'lio ¢(Iii)pl¢leil L()Ill'S¥% 111 Vcll'iUllS %uIIjLLIs. TIIL t()] l()wiiibi AcliiLVLiiILiII% WLI'L. ()blcllllLd.. () %liiilLiitS I'LIIIVLd LL VLI ? Miiths 4 sludLntS I'¥LLIVLd Lcvil 2 ICT ? stLI(ILiII% I'LLei vLcl LevLI ? A i()1411 ot" l ? %tiiclc'iils dLIIi¢vLLI Ilieii- ex(111is in F.iibylisli. M<hs Liiiil IQ'T iii SL'I)ILiiil)Li' 2n?.l. AINU X stLidciil% i-eLLIWL(l ilLlI'ediled l)L'N Lei'el ? iii L)IbFiILII Ski I 1%. 'Iii(l () Nludciii% I'LLLivLd OC"N LivLI 2 UsiiigT imii&Yilig7 Scitlw<ll'L & iiiiii¥ pi'c%¢iilali()ii SollwcifL I PIi()loslic)p). 14() .%tiidLiil% i)ditticii)dlLd iii V<ll-il)LI% LOLII'Se% (ind woi'ks111)P% %LILli Ai-l% & C'i'at"l%. L-'Li4101)iei' L (LI-L, Moiicy M<]iiclbTrllllLiII, Slait IT. LLai-n & Play. .Scif¥LTuai-diiig C.liilLlI'Lii aiid YoLlllbY I)ui)plL, 3 D Priiiliiig. Virtiial Elealily. IPad Ti'aii)ing,. C'i-LalivL Writiiibi C liib. Makiltoti etL. DLlI-inL) tIIL' ycar. IhL Pl'()jcct w'orked iii parlncrshii) willi Vciri()us orgFcTrlli%iltions to .suppoit and cnloui'agi inliabitaiit,%. to ILai-n Iiiw skills and bLiild oil qualifiLali(Iiis to cnablc iiidii'idual8 to gain Liiiployiiient aiid to help build (I betlci. tLItLlI'e foi- laiiiilies t"oi- ¥eiierations Io L(Ime. TlIL pi'ojcLt introduccd a new scrn'iLe Iliis ycar to tlie pi'ojcLt. Dovc House Adi'icc Nl. to suppoi't iiihabitaiits ai'ound the district with an AdN'ice Service to enable Ilieim to reLeive advice on Beiiefits Pagre | 4
STRABANE COMMUNITY UryF.riqpi.OYED GROUP aiid help with coiiipleiiiibJ appl iLaiioiis onl ine, aii(L dlso lo siippoil tlicni witli giLiideliiies oli repayin DLbt Iliai Ih¥y ini&,Iic liave inLLirrLd due to ilie Lo8t-ot-.livingT LxpcllsLS. This sLI-vice 14 eruLiul t.or leaimiiig, people who receive welfai-e advic¢ exp¢rieiice lowel- ¢iiixiety bcttei. reiiei'al hedltli, bettei. li(iu%iiigy %tabiliiy. All ac111e.onlent and PL'I'foriiicqllCL.4 liave lii&,lilis,IIlLd tlie iieLd r()l- COilllllLiiiily l¥&ll'llillgl diid IliL 4tl'L'iigyili% ot. iiidiviLILiuI'.4 iioliievLllILlIt aiid byi'()wili wiiliiii ()IlL-%LII'. Tlii% iiLw leiii'iiiiigy li(15 iiILI'¢ii4cd ()IILq LC)iif IdLIiLL ciiid lici% %li()wii IIIL I)I'OjLLI IIILII iiidii'iducil% I'L<illy LIL) ,1511 li) ci¢l)iLvL iii l itL, Tli¥ iii'ojLcl Il)is yLai'. i.s still woi'ki iibi i li puitllcl'bliii) willi IIiL NWRC.. uiid Sk i Ils Nui-lli WL%I. lo deli vei. L'dLIL1c ti()iial ci)Ill'%'LS* Liiid I'cLrLlc ti()Ilcil c()iii'sL% li) ¢iddr¥%,% IIiL IL¢ifiiiiig) IlLLds (I I. IIIL L()IiiiiiiiiiIt5'. WL <i1sD woi'lk ill PLIrtI)Lfs1iip willi tIiL Ii)Ldil sLlI()()l%, SoLial SLrvi¢¥S aiid (iil)Ll' Lollilllllllity gyr()Iiii% lu pri()I'ilis IIIu%L l)io%I iii iieLd, lo IiLlp bellLI' l)iie 4 li IL. Ncili()iial Loltciy FiiiidiiigTr. is .sti I l ftvailiiblc foi. tlic iiexl thi'ee yi,qi',%, 111) t() 8ei)i ?0?7, t() SLlPlI(Ii'l tIiL to Liiiploy 2 iiidividiidls, lo IILlp willi tliL ddily I'iini)iiigF ot. the pr(ijccl. Aiiil i() liclp witli I'LIIIIIIII&Y LL)s1.% InLI 'I'LII()I' tee% uiicl sliideiit tce%. Tlii.% y¥al' tlIL Si%l¢i's ol. Mei'¥y liu% doii(Iled £ l O,11(10 p()Iiiid% l() IIL'II? willi pi'i)viLliiigT a(ILlili11111c I tl-1g11l111g' LdLILcilinii¢?l %kills. Public Beni'tit J'IIL, ()bjLLtIVL'S of tIiL' Ti'iist orL as Ii51Ld. ThL Trii4111us considLI'Ld iliL UK C'liai'ity Q'()Iniiii%%ii)ii's iiidc11)¢L (111 PLibliL bLIiLtIl iqiid plcll)S t() CllSlll'L tliat il Pl'()vidL.% piiblic b¥l)Ltil lid ¢lLliiL ves ils ()bjLLIIvL% Lls %LI i)ul iii IIIL Trust's MLllI()I'aiidLllii and ArliLIc8 of. A.%s1)Cliltii)ii. TIIL Ilii-¢Lt17eiiL'til% t() Ilie iii(liv icliiLII% Ll%illbP Ilie 4ei'vi¢¢ inLILILI¢: IIiLI'Lcisingy 01)iioi'lLllI IliL'% lor L I iLiil4 l() g<ii li work,, Pi'()vidL Ii"LllllillgY wIIiLli wil l ull()w' cliLI)l% l() gcllll ski Ils, LL)iilid¥iiLL4 ciiid li %LIISL' ()t", (Il. £i(lililioiiEIl %LIPI?()It iielw()I'kiiibV WIIII IlLvple wlio IiavL %iiiiil£ir ¢Kpei'iLIILe%. StruLture GovL'rnance and Man FLnieiit Ciovei'ning r)Doument Sii'abaiiL L(IllllllLlllity UIiLIMpII)y¥d GroLlP Liinilld is gi)vcriicd by its MLIiioi'Liiiduiii and Ai'liclcs of AbSOLialiuii. Appvlntmcnt ot Trustees Tlie Chcll'lty Ti-LlStees are also Dii-ecloi-% of the Colilpdlly. A Trustee is initially elected by the Bo(Ir14 iii dLCI)i-daiice with the Meiiioi-dndliln aiiil Articleb of Association. lil Ilie financial yec1r iio iicw Trustccs wer¢ appoiiited. aiid none resigiiLd. The Board as a whole was appi'oi'cd by thc AGM and coiitiiiues to i)ioiiitor its incnibership.
STRABANE COMMUNITY UNF.NIPLOYED GROUP
Organisation
TIIL B()(Ii'cI of Ti'u%tLL% whicli adiiiinisiLrs thL Truqt In¢Lt% throLigyIioiii IliL year a.£ rcLILiircd.
Risk Revieiv
I'IIL IlltlllcibrLilleiit L()IMinittLL hd% LuiidLlCted il% uwn I'ci'iem. iiit() the liidior I'i%k% tu wliiLli th¢ Lhcirity i
Lxposid. SigyiiitlL<lllt LXtLI'llil1 i-i8k.% to l Liiidiiigy h1¢ l.'c ILd to IIIL dLvLlI)i)iiienl ()1" a .%li',ItLgyiL plan wliicli
will L111ow loi. tlie 11ivLI'siliLaiioii i)f t"Llll(liiigF 1¢ lid aLliviliLs. InlL'I'iiLII I'i%k% arL iiiiiiiiiiiseil l)y tliL
Loii%isILiit ciiialily ot dLI ivLry t()r (ill ()l)Ll'<)tioiittl u.%pLLts ot, IliL Lli<Ql'il<iLilc L()nipillly.
b inne11 Revieii,
'I'IIL' L'()1111)cllly I'L'luriiLd <7 IIL'I SLlI-plii% iii fiiiid% ()t £.17.2X()120?.I'. £h'll,.5.39 4111i)1114) Ic ttLI' ollicr
I'LL()bYIIj,%Ld &'&li1iS and loqsLs. l-IIL fL%Lili%' t()I' tIIL' yLgll' 611'L s11()Wll 111 PLlbYL% () lo 17.
Rc'seri'esTr Pi)IiLy
I i ]% IliL' p()1 ILY L)t' Ilie clidi'ily tIiLIt iini'L4tI'lLlecl tiiiids wliicli h<ive i)ol L)L'L'li desigyiialL'LI Illl. il %i)LL i fi¢ LIIL
WII iLIi aLILlilii)ii'il tiiiidb iiikiy bL I'aibLcI, Tlii% IL'VLI ot. l illiLliiib l)as IILLli In
STRABANE coMluN[Ty UINF.MPLOYED GROUP Prei)ai'e tlie aecount.s L)n the going coiicern ba81.$ uiile.ss it is in1( ppropri£1te to as%uiiie tlidt tlie coiiipuny 11] I coiitiiiuc on ilial basis. Tlii IrustLC% ar¢ r¥spoii%iblc foi- kLei)iiigF dd¢quatL Ic LLOLlllliiigi I'ccoi'd.8 IIIKIt al-e qLifficiciit Ii) shLIW ciiid Lxplcllll tlie LIIiL I'lly'% Ii'cqllSIL Llioiis aiid discl()SL with r¥clSOlliiL)Ii UCLLlI-ac)' 1( t ciny tIlllL ilie tiiiaiiLl1c I posili()ii (If the Lhai'ily aiid LiiablL IhLllI t() eii.8ui'¢ Ih<lt the fiiiKIIILial stc1tLIIILllts L()iiiply witli thL Q'i)Illllc1111LS ALt 2006. TIIL'Y ¥lrL also I'Lspoii%ibli toi. safLbFLlllI-diiigi tlic assL'ls 1)f tliL Lli&irily ciiicl hLIiLL t()r iak. illgT r¥ii%()IlciblL Nlup% toi. IIIC pi'¥V¥i)tioii tiiid dLILclii)n ot. triiiid diid (IlliLI' ii'rL'&YLilariliL%. StatL*ment ol. Disclosure to Inde cndent Exuminei'8 So t'¢if <1% tlie '] i'Li%lee4 lire aw£ifty. Ilierc ].% li() relei'uiit iiit()I'lllcili()ii (If wliicli tIIL ¢()Iniitiiiy'% ii)(ILiieiiLILiII xiiiiiiiiei'4 ill'l IIIIIIWcll'e. ALlilili()Ilcil ly, Ilie 'l'i'Ll%tec.% lidve liik¢ii (ill Ilie liLLe%5ll.Y slep4 IIiLiI Ili¢y (iiigFht lo liuK.'¢ lakeii LIS .1 I'Li%ILL.4 111 ()I'iILI' l<) iiiiikL IlieiiiielK'L% al<11'L ()t' liil)l isli Ihsil Il)L COlllllUI)y'% iiILILpeiidLiit uxtiiiiinL'I'4 al'e ÉiwiirL' o I. Ilidt iiitoi'iiiulion. Tliis I'LI)l)I'l was apiii'oi'Ld by tliL Boai'd on iiid %igVliL'LI (Iii ils IILliiilt' by.. Y)Li/l J o Mr l) O'Flagan (l)Irector and I'i'ugteL') M r CILirard Dei'lln (DlreLtor and 'l"rustLJL') Pagye | 7
STRABANE COIIqNIUNITY UNF.MPLOYED GROUP
INDEPF.NDEYT EXANIIYERS, Rf.PORT TO TIIE MF.MBERS OF
SI"RABA,YL COMMLINITY ULNLMPLOYED GROUP
We I'epoi'l c)ii the Accouiit4 ol. Ihc conipaiiy tor the yeui. ended 31 51 M¢ircli ry024, ,hiC11 al'e %ei uiil oli pii&ies 9 lo
RL'spective ReSPOUl*ibillties ul fi'ustec's and Examlller
Tlii Ti-Ll%teL% Iwliu ai'c al%0 tlIL. dii'ecloi'% uf Ilic Colllpilliy foi. Ili¢ i)Llll)ose8 of Loiiii)aiiy laivl Lll'c I'L%I)01)4il)Ic loi.
IhL prc'piii'uli()n (if. IliL' IlLLOLinls iii £iLLOI'diinLL willi Ili¥ I'LLILIII'LiiILll14 ul IhL L'LIIIII)
STRABANE COM]WIUNITY UNEqPI,0yED GROUP STATf.MENT OF FINANCIAL ACTIVITIES FOR THb' YEAR F,NDED 31 SI" MARCH 2024 Tot%hl Ilnrestrlcted Reqtrleted liun(I 2024 Iiiconie t'ru Gi'£iiils Éiiid doi)ulion% 115,.f07 127.7111) 147.4.$2 I'oti)I Incon)Ing rcsoiirces 115,507 127,71111 147,442 RL'iuufcc'i* F.IpLnded ?,1122 11(1,1112 tiii,0.34 62,110.1 G()VLfiiiinG¥ C'(1515 ?,377 I'otol rL'sourLes eipL'ndLd 2.11?2 911,411 66,91.3 YL'I InLI)iiii' fui. thL' I'e4rl ,Nel i)Illl'Lniiiil lil fiiiids 27,11 37.28Y %ii.si() li uiid l)IiliinLL% Ilt l April 202.1 3.1117 1116,959 2{).4?11 riind buliiiicL's at 31 Miivi,l1 2n24 34.11.3 144.2411 TIIL st<ltiinLnt ut tiniiiici&il ilctiviliLS iiiclud¥s kill g'ciill% iiiid IobSCS I'L¢()giliisLd in IhL yL<lr. All iiiconie iiiid expeiidilui'L derivc fi'0111 conlii)uinbTr aclivilies. Thc %tcltllllLnt c)f fin¥illLldl clLtii'itiCS <1150 LompIiLS M'itl) the I'cquirLITILlIts loi. ali inLom¢ dnLI expLnditlll'L acLount undLI' 11IL L ()IilPlc IIILb Act Illllb. PagFe | 9
STRABANE COMMUINITY UNF,MPLOYF.D GRC)UP
BAI,ANCE SHEF,T
AS IIT 31ST IIARC14 2024
2024
2023
'ote
ixed A%sets
2•.43?
('. urrent Assilts
1 ??,771
98,()0.3
DLI)l()I'.%
1??,771
C)X,6113
Ci'eillt(Jr%: kli)iount% f#lllng due
Ivilhin (Ine VLIII.
Q I'L'LlilL)1'.4 <iiid AL¢I'iial
{955}
9.361
NET CURRENI. A%SFI'S
97.()()7
F.'I" ASSFTS
| 44,?48
I11(1.9.fj9
Capltal and RL's¢rves
Uiii'csli'iLILd tiiiids - blLIILfiil
R¢,sli'iclL'd tliiid
23 ()4?
8.1.(117
110,1.15
144,248
l {1().9_Sl)
TIIL L()iiipdiiy 1% eiilil ILLI i() Ilie LxLiiii)li()ii ti'()iii IIIL 4lllLlil I'eqLllI'eineiil L()IilaiiiLd iii %cctioii 477 of. the
C-'()1111)¢llliLS ALI ?{111(). l ()I' IIIL yLcll- LiidLLI .31 M<ll'L li •1124. Na iiieinbL'I' Ot 111¥ COllll11c iiy Iiic.% £ILI)().%iILd a
iioliLC. PLII'SLlciiil Ii) SLLli()11 47(), I'LqUiI'lllg' Llll ciudil ()t' IliLSL II¥L()LiiII%,
'IIL Ii'Ll%tLL4' fLS1)oii%ibililies 1()I' Lii%iii'iiig7 Ilicil ilie Llini'iiy kLL'PS ÉILcounlinbv I'ecor(Is w'liiLlI Loiiiply
VIIII %LLI ii)ii .IX() i)l- Ilic ALI <)i)cI Ivi- i)I'L'I)¢ll'il)¥ LILcouiils wliiLIi byivL U Ii'LIL uiicl I-.
STRABANF. COmUNITy UNEMPLOYED GROUP NOTF.S TO THE FINANCIAL s"fATF.iIqENTS FOR THE YEAR ENDf.D.IIST fvIARCH 2024 Accountin&F Policies Charlty Intormation StriibaiiL C.OllllllLiiiily UiiLiiii)loycd Cifouii is Ic priviitL' c()iiii)uiiy l iiiiit¢d by gYL11c I'iiiilLL i]IL()I'p()I'at¢d in Nortli¥i'n Ii'elLind. Tlie I'egyi%lei'Ld ot'fiL¢ Uiiit 8, Mui'kL't L ¥iilre. Sti'al)L)n¢. Co Tyi'uii¢. Aecountinii C.oni'entinn 'I'hL' :ILeOLllIt.8 11IlVL l)I'Lii i)rLIILII'id iii LL1)rd¢ll7C H'iili tli¥ Llicil'ily's MLI)I(11-ciiiLILIIII ciiid Ai'liL IL ()I' A%s()Lialioii, Il)¥ C'.(IlllllLllliL% ALI ?00() kiiicl 'AcLouiiliiigy 7¢ lid IIL'P()rli lis by ('11ic I'iIiL.4'. tcltLIIILiII ()I' RLL()iiiinLiI(IL<I Pr<iLiiLe 4)ppI iL'iblL I() Lli'ii'iii¥% i)rLPl1'lllgT Ilieii. llLL(ILllIts iii l F R% 1112) I cl.5 iiinLiiclLd Iui. LILLC)Liiiliii&' ii¥i'i()(l% Loiniiiciiciiib, li'oiii l J<lllLlUI-y 201 ()). 'I'lie Lhill-ily ]% li PLII?lic BL'IiLtIt l. iiliiy d% d¢liiiL(I liy F'KS 1112. TIIL Lliai'ily lilis lak¥n ai1N'èinlabTL (If IliL Pl'OVi.%ioiis ill IIIL S()RP l(Ii' Lhèii-itlLS ill)i)lyingy fR£ 102 lJp(IiltL BullL'liii I not ILI pfLp<ll-e ic Si<olLmcnl ot. Ca%h fiL)ws. Tlie aLLoiiiil% ai'L Pl'LPal'cd iii 4lei.liiiL. wliiLli 14 Ilie tiii)ctlOlliil Liii-l'ency ot. tlie Lliai'ily. M()IlLlai-y 41111()uiils iii 11)¥SL tllliiniial %lalLiii¥iils ai'L I'OLiiid¢d i() IIIL. IILar¢s1 L. I'CVLII LiJlioii <)I' fi'LeliulLI pi'()PL'I'tie% clllLI i() inLludc iiive%tlllLiiI pi'upei-liL% unLI ¢ei1ain I IliilllLial iii%tI'lllllLiII% ill I'uii. Iiul Lie, Tlie i)I'it)Ll l)ul ilLLOLiiiliiig iiuliLies kid()ptL(l <ll'¢ %el ()Lil l)Llow. Gi)ing ConL'ern Al. tlIL liii)e ()[' ¢ll)Ill'l)viiibi Ilie dLLI)Iiiil%, IIIL tl'LisILL4 IIUVL u I'LaS()IiéIL)le LXI)eLtiili()ii Ilial Ilie ¢IILlI'i iy ha% adLIiucile I'LS()IiI'LL% II) Llll)liiiiiL i li i)iierLIIi()Ilgil exi4lLIILL I i)r Ilie tc)I'e4¥L4ililL fLIIUI'I. -riiLlS 11)I tl'LisIL¥.% L(IiIIiiiLl¥ Iu dd()pi ili¥ gr(lillbF L(IIILLrn of aLLoiiiiliiibl jii pfLI)Ji'iiigy IIiL ,2C¢uunls. Chllrltllble Funds Uiii'e%ii'ictcd tliiids arL Ic vailiiblL t.or ilse it tliL di%ci'ctic)ii of. thL triistLL% iii I IiitliL'filllCL of tliLii' cliai'ilablL objLCtivL% uiilLs% tIiL tLindb IiavL bccii dL%igii'itLd foi. otl)Ll' purp()sc8. Restl'iLted fiiiids are siibjccl to sp¢cific conditiotis by donoi's as to how thcy tnay be iiscd. Tlie piirposcs and use,$ lif tliL re%ti-ictLd funds 1( fL set oiit in thL notL.s to thL' accouiits. Pagcl 11
STRABANE coqMUNITy UNEIPLoyF.D GROUP
Incoming Resources
Incoiiit is rccogyni.8cd wlicii tlie chai'ity is legally Liiliilcd to it c1ftci' (iiiy pertoriiicince
coiiditi()iis h1( vc bcLlI IlILt, tliL aiii()Iiiits can bc niLiisiifLd rcliably, ciiicl it 14 pl.()blblL IIIlLI
ii)coinc will bc I'cecivLd.
C asli doiic11i0118 c11f fLL(IgYIIiSLd on rLCLiPt. ()Ilicr d()11lL tiOll% <ll'L' I'LCOgFiiised i)nLo the clilirity lias
bL'L'lI 11()li l iLd i)f11)L d(Ill<ili()11. IiiilLS5 1)¥l't"oriiiclllLL Ll)iidili()IlS l-Lqllll'L CILlci'rcil uf IliL aiii()11111.
IIiLC)IIIL' lax I'LLOVLI'ablL ii) I'Llalioii l() dciiiaiioi)s I'¥LLiVLLI uiidLI' (ji It Aid oi. dcid% c)f L'i)VLllciiil
IS I'¥LC)gYIII%Ld ai IliL till)L ol. IIIL d()Il¢ilioii.
iivcsIIiiLIII inioiiiL' rei)I'¢%¥iits li¢iiik iiilLre%l re¥Ll'<il)IL Llui'iiibi IIIL. ye£il'.
TLlI'noi'cr is IncasLif¥LI cll tIiL I'aii. Vcil LIL (If IliL LL)11.si(qLI'iili()n rL'cLlI'cd ()r I'LC¥i V
STRABANE COMMUNITY UNF.MPI.OYED GROUP Cash and Cash F.qu5valents Cas11 aiid La%li LquivalLnt% includu Lasli in Iiaiid, dLposit% hLld al call witli baiik4. otliei. g110rt- tLnn Iiqliid invv,%tlllLiil% witli origi111c I niatLiritiL% ot. IlirLL Inoiitliq OT IL'.%4. aiid b1( nk oi'ci'drcltts. Bai)k ovci'draft% arc sliow'ii withii) boi-l'oii'iiigy% iii Lui'rLnt liabililicq. Flnanelal Instruments ThL LlILii'ily lii1S eleLte(I to apply the pi'ovisi01i5 Ot. SeLti(11) I l BasiL FinaiiLial i iisli'uiiiLiils ¢IIILI %LLlion l ? '()Iher FinanL'ial I1i41i'uinLnts 1.%4Lie5 of, FRS I (I? to (ill ol" ils tIllLIIILial iiisli'Liiiients. F'iiilliiLial lii%ti'iiiiiciitg LifL I'lcogniscd in IliL Lli<ll'ily's balLiliCC slicLt 11117 IliL Lli<ll'ily FiiiciiiLiuI a%sLIs iiiid licibililiL.S .?I'L ()t'lsLI, willi tliL IIL't 11)1()uiils1)I'L.%iiilc'd iii Iliu Iii)IlllLl<il Ic?ILIIILiils, wliLlI IIILI'L is ¢7 IL'gFal Iy LlItOl'LLLII)IL I'lgTlIl li) %Lt otf. IliL' I'LL()gFIIISL'd 'iiiioiiiils ciiid IIIui'c 1% Ic 11 illt¥lltioii to scttlL C)11 a li¥1 bu%is c)r l() I'LuIi SL ihl u%%Lt uiid .sLiIIL IIIL l iiibi l i ly iiniiltclllL()Iis1y. 1siL fiiiclllLiÈII kl%%Lt%, wliiLli iiiLILI(le debi(11-% 411111 Lii%li Llll(I biiiik bcildllLL.% (Il-e iiiili<illy I'¥iiiiils disLoiii)IL(l ill cl Illcll'kLI I'dlc ul, iiilL1'Lil. Fiii<lllLial Lld54ltlL(l as I'LLeivdblo iviiliiii OIIL yL<ll' cll'L iiol cllllUI'Iis¢LI. Bft,siL' JiiiaiiL'iul liabililic)s B£iSi¢ fiiicillLial liabil iliLS, iiILliidingv Li'c(liti)rs iiiid b'iiik l()aiig ai'L iiiili'il ly I'iLI)gFni%L'd 'il i11411.uiiiLII1 Its IllL"IsiiI'cd <lt IliL' pi'¢s¥nl v:IlLIL ()I' IliL lulLII-L PdyIIILiil% disL()LiiIILd Jl ¢1 Illcll'kLI I'cilL ot. iiilLI'iSt. FiiiclllL iiil IicibililiL'S cl¢isbiliL£I P¢iyiiblL wiiliiii ()1lL YL, Dcbi. i1istl'Liiiieiils ¢ll'L %ubs¥qiiLiiily Lui'i'i¢cl dl dlll()ItibLcl Lo%t, Li%ingF Ilie etl eLlivL interc%l I'ulL Inclliocl. Tri1dL crLdiloi'5 arl obl ibcltioiis Io P£2y foi. gtroods 01. %¥l'ViCCS tli<ll liavL bceii clCqLIII'Ld iii thc ordin<iry cour%e ot. operations ti'oni suppliers. Airoiinl% payable 1( re L11s9i fied (q% ciiri'Liit I iLibil ities it" l)c?yineiit ig dlie witl)i n i)iie yecll. oi. less. It not, they cil'e preseiited £1,% ni)n-LLiri'eiit liabi l ities. Ti'iide ci'editois al-e i'eLogyiii%ed initiall}. ill tl'clll%ciLli(iii price clllLI %ub.scqueiilly Inea%ui'ed at dmuiti%ed Lobt u%iiiq tli¢ et7"eLtive intere%t iiieiliod. Derecc)¥iiition ii]linanLial liabilities Fiiiancial liabil ities are derecogiiised when tlie charity's contractiial obl ig(itioiis expii'e or are dischai-ged oi. cancelled. Page | 13
STRABANF. COIIqMUNITY UNEfiqpLOYED GROUP .] O Employee Benelits Tli¢ cost ot any iinused lioliday cnlitlciiiciit 1.4 recogJi]i.4Ld iii tlic pci-iod iii wliicli tIIL employce's qciviccs arc reccivLd. Tci'iniiidtioii b¥ll¥fits al'e reiogFnised iminLdiatLly ag an LXPLllq¥ wlicii thi clidl'ily is dLIIi()11511"111)Iy L()IlllllitIcLI lo ILI'IIIiI)¢lt¢ tlIL cmployiiiLiII ol. ali ciiiployLL oi. to pi'i)vidc l¥riiiiiicltioi) bLIiLI Ils, C'ritical AcLountlnll F.stimates and Jud%L'nients In Il)L 11P1?IiL<1tioii nf thL ch<ll-Ity'g Ic LCOLlllliiig' iioliciL.%, IIIL Ii'Ll%l¢¥q tll'¥ I'LqlllI'Ld li) In1¢ kL IfL ni)I I'LIlLli l J, ill)P' blc %LLI i)ii lii41()I'iL<il LXI)CI'iLIILe kiiicl (ItliLI' liiLI()I'% Ilicil ill'l Loii4idLI'ed iu l)L I'LILI'41111. ALILlcil I'L%LIIt% llliiy di Itei. I I'(Iiii IlILse es1imiilL%, TIIL Ls1iiiialLs aiid uiidLI'Iyii)gT a,%%LIIIIPIii)Il% c11-L fLViL w¢d ()11 <lll OllbJ()iiigv LiiiSi5, RL visii)1is IL) cILC()uiil ilibl L's1iiiicilLS LII'L I'IL()gFIIi%Ld li) IIIL, PL'I'I()Ll in wliiLli IliL ¥.slllllcilL ].% I'CVlSL'd wl)Ll'¥ tIiL I'CVlSil)11 ilt'tLcls ()iily 11141t PLriod, ()r iii IIiL PLI'iod c)f IIiL I'L VI.Si(111 iiiicl f iitLifL I)L'l'l()ds wliL'I'L tIIL I'L visi()i) at-t¥Ll% bL)tII Liii'i'LlIt diid tiiturL IlLI'i(Ids. Grant% and donations LlnrL'%tI'lL'tL,d Rcsli'iL'tLd Tijtiil D'uiids Fui)ds 2024 2023 l)()111( IIoii% 1nd gyjftq (if¢iiilq I'L'CLIVIL bl¥ 11.S..107 125.f07 147,452 115,1117 127,71111 147.4$2 Fol. the yL*ar ended .11 MarLh 202.1 4,9C)5 14?,457 147.4.5? cPrnts i'eeeiviil)le fDr coi'L' IlL'tivltles DLpai-IIiiLliI F oi. (.'()IlllllLiiiiIii DLfi'y iiiid Sli-dbilliL I)i%li-ILt (-oiincil SislLr% ()f Mei'¢y N¢ili()Iial Li)IILry KLiililknLii CJl'lc liaiii Trust Nl Hou%iiigi F.XCLlItIVL' Sii'abciiie ElhiiiL GI'()up Wi'ller% (JI'OUI) Uiiited Charity DaiicL 22.73() 22.736 28 ?.f9 4.7811 I i).000 I11.i)00 91 .025 91 ,1125 11)9,41 4,995 1,746 1.74() 100 ?50 1,843 100 250 1 ,843 12,193 115,507 127,700 147,45? Pagye | 14
STRABAYE COMMUNITY UNEIIqPI,OYED GROIIP Charitable Activities 2024 2023 Reiil RiitL4 M1¢ 11)l¢ii¢lliLC ol. Pr¥iiii%L'S MdiiilenÉlllLe ()* Ot"fice LqLIiPIIILnt Liglii & HeLII SILilii)iiLI'y, Advei'tl8iiigF ¢111d PostagT T¢lLpII(IllL A(Iiiiiiii%ll'ati(Iii C u%ts uii(I Vi)ILlllteei' Puymeiit4 5,979 104 955 1 .4.3() l L)(}7 74? 1,3X3 2,013 I,IIL)9 l.()?8 6.3,-356 70.% 41,6.14 ?4() -141) ,Iiy() -l.l()Q Eiiipli)yei' PLii%i()11 C()s1 Ti'aiiiingy ('o%l I,X43 I.LLlI'lI & Play ExpLIISLS BLiiik ('li<ll.¢ £1 Il'y QiiclVLI'S LXI)LII4C4 SiibsLI'ii)lii)Ilb 2()9 147 444 X115 DLPI'LLliili()ii 88,034 ()? 81).3 Aniilysis 1)y I'und Uiii'L%tl'lLtLLI ILiiicIs giLll¥i'ul IIL%lI'iLte(I liiiid4 ?,(1?2 8().1112 8¥.1134 For tlie vcar ei)ded .31 Murch 2023 U iii'ebli'iLl¢d tiiii(1s - gLlILI-uI RL%ti'iLl¥d l iiiid% 4.gL)5 57.xllx ()2,14113 Trustees NoiiL of tliL trLi4ILLS (or (llly PLrson,s connccied willi 11IL111) I'lCCiVLd any I'ClllLIIILI'alioii oi. bLIILfils fr(iiii IIIL ¢li¢irily dui'iiig7 thl yLar. .mployees Number ot. emplovees Tlie avei'ag7C 111{)iiilily iiuiiil)ei' ot- employees (lui-iiig th¢ yeai. wd%: 2024 umber 2023 Number EiiiployLe8 Page | l5
STRABANE COMMUNITY UNFMPI.OYF.I) GROUP F,mployment Costs 2024 W(Ig)es aii(I Salaries 63.356 41,634 Tftn&yiblL' f4 ixod As25Cts Tenunts liiterL'&I In I'ropL4rty l)lant Fquipjiient Fl¥tures & ittings 'I'otal ('()st (It I st Ai)ri l 11}2.3 Addili()ns l() ?L)3 18,6L)I 33,()51 I X,6L)I C'ost al .11 51 Mai-Lli 20?4 37,9%4 DLP'II 'II l %l Api'il 20#3 ("liill'bYL. t'or yLcir 1.3.000 4,9()7 8,X()7 9,4C)? 45 ?4.15() l)epi) at .11.41 Mai'LlI 2024 17()97 9,.3 7() 2,5.17 2().910 NB V tit l yl Api'il 202.1 2,-54() 9.?9? N B V ¢1131 51 Mai'cli ?0?4 11),()87 411 Inllnllal I nstrumLnts 2024 2023 CArrvin&F Iiinount i)f financial liabllltles cl%lll'Ld al aiMoili.SL'd Lo%1 955 936 955 Y36 Creditors . Amounts talling due wlthin one year 2024 2023 ALcruals 955 955 Pagrel 16
STRABANE COMMUNITY UNEMPLOYED GROUP
Taxation
The Lhai'it(Ible Loinpiiny is exeinpt fi'oin ccii-pul-dtion tax vii it.% Lliiiritable aLtiv'ities.
Analvsls of net assets between funds
U nre8triL'ted Restrlcted Total
Fuiids
builds
2024
P'Liiid bal<qliCeq al .3 l Mai'LlI 20?4
ArL I'L'I)I'LSLiIILd l)y'.
TilllbFiblL d44Lts
("Iii'rL'nt assct811i1c biliticq
19,.120
I10,1.35 144,148
12.
Relnted Party 'l'ranyttctlons
Th¥r¥ WLI'L iio disL10g<iblc i-LlatLd P
STRABANE COTrIMUNITY UNEMPI.OYED GROUP DF.TAII,FD INC()MF. AND F.XPEYDITURF. ACCOUNT FOR THE YEAR ENDED 31s"r MARCH 2024 2024 2112.1 Income DLllal'liiiLiil F()I' C'()iiiiiiiiiiilie% l)Ll'l'y aiiLI Sii'dbaiikn Dis11'i¢t C'uiiiiLiI Si4lLI',S 1)I' MLI'L), Nali()li¢il L(Illul'y KuililLLlI C.ii-uliuin Ti'LI.%I N I I l()Ll%iligY ]-; X¥LuIiv¥ 4,78U 2X,2.SL) i 0.11110 91.11?5 I IIL).41 4.Yg.fj 1.74() i(10 Wi'ilLI',s CJl'()Iip Uiiitl 1 ?7,71111 147,452 'XPLndlturL' RL'iil RiltL% Mil IiIILllillli¥ i)I" PI'LIIIi%L4 MaiiilL'ii<ll)LL ol. OI'I I¥L Lquii)iiieiit Li&,l)i & I IL. %taliciiiLI'y, AdvLI-li%iiiLi diid Po4tagic TelLI)II(iii A(Iiiiiiii.%li'iiliiiii Co.41% (iiid VulLlllt¢ei- Pclylllellt¥ (1.115() 104 1.4.3() l)()7 74? -14X I,()? 6.1..35(1 705 .1,4118 l .X43 41.().34 24L) F-.iiiiil(iyei' PLllS1011 C'()sls Ti'uiiiiiig C.'o%ts I,01)i) 1,3()L) 9(11 LL'L)I'ii & Plcly ExpLIISLS ALLI)LiiIIIiiiLy L'()Il%LillÉinLy r.Vcilu,?lioii Fcc.s 14uiik. IiitLI'es1 aiid C'lidl'b?es <ltty QLiai'LI'% Lxi)eiise Sul)SUi-iPli()iis Doiiatioii M iSLellciiieoLI$ DLPI'cciation 1.1175 1,30? 41111 1.37 444 2()9 147 104 50 8115 2,?60 5,551 90.411 Surplus l (Defi¢it) of InLome over Expenditure 37.289 80,539 Tlie detailed Income and Expenditui'e Account does iiot foiiii part of the Financial Stateinenls. Pagel 18