CHARITY REGISTRATION NUMBER: 100431 # Newry Maritime Association Unaudited Financial Statements 31 March 2025 LENFESTEY & CO Chartered Accountants The Masters House 10 Abbey Yard Newry Co Down BT34 2EG ## Newry Maritime Association ## Financial Statements ## Year ended 31 March 2025 ||Page| |---|---| |Trustees’ annual report|1| |Independent examiner's report to the trustees|3| |Statement of receipts and payments|4| |Statement of assets and liabilities|5| |Notestothefinancialstatements|6| Newry Maritime Association ## Trustees' Annual Report (continuea) ## Year ended 31 March 2025 The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2025. ## Reference and administrative details |Registered charity name|Newry Maritime Association| |---|---| |Charity registration number|100431| |Principal office|17 Hawthorne Hill| ||Newry| ||Co Down| ||BT35 8DE| |The trustees|| ||Mr Colum Curran| ||MrJames McArevey| ||Mrs Margaret Trainor| ||Mrs Lorraine Brown| ||Mrs Helena Young| ||Mr Pat Malone| |Independent examiner|Kate Crossan| ||Lenfestey & Co Chartered Accountants & Registered Auditors| ||The Masters House| ||10 Abbey Yard| ||Newry| ||Co Down| ||BT342EG| ## Objectives and activities The Newry Maritime Association carries out the following: - e We promote and carry out research, surveys and investigations and publish the useful results relating to local Maritime heritage. - e Weorganise or assist in organising meetings, training, seminars, training programmes, lectures, classes, workshops and exhibitions, and publish or assist in publishing reports, periodicals, recordings, books or other documents or information. - e We recruit and train volunteers with relevant skills to carry out the objects of the Association. e We work in association with local and statutory authorities and bodies and voluntary organisations engaged in the furtherance of our objects in the area of benefit. - e We establish and support, co-operate with, join or amalgamate with any charitable trusts, associations or institutions formed for all or any of our objects. ## Achievements and performance A comprehensive Trustees annual report is included with these accounts. ## Financial position During the year we received £2,467 in grant income from Newry Council. The other income of the club was from membership fees and donations. The club had a surplus in the year of £4,768. -1- Newry Maritime Association ## Trustees’ Annual Report (continued) ## Year ended 31 March 2025 The trustees’ annual report was approved on 4 February 26 and signed on behalf of the board of trustees by: bynen Ver i Mr James McArevey Trustee f QJ ¥. Mrs Helena Youn Treasurer =D « ## Newry Maritime Association ## Independent Examiner's Report to the Trustees of Newry Maritime Association ## Year ended 31 March 2025 | report to the trustees on my examination of the financial statements of Newry Maritime Association (‘the charity’) for the year ended 31 March 2025. ## Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act (Northern Ireland) 2008 (the ‘2008 Act’). You are satisfied that your charity is not required by charity law to be audited and have chosen instead to have an independent examination. | report in respect of my examination of the charity's financial statements as carried out under section 65 of the 2008 Act. In carrying out my examination | have followed the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the 2008 Act. ## Independent examiner's statement | have completed my examination. | confirm that no matters have come to my attention in connection with my examination giving me cause to believe that in any material respect: 1. accounting records were not kept as required by with section 63 of the 2008 Act; or 2. the financial statements do not accord with those records; or 3. _ the financial statements do not comply with the accounting requirements of the 2008 Act; or 4. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts givea ‘true and fair’ view which is not a matter considered as part of an independent examination. | confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. Kate Crossan Independent Examiner Lenfestey & Co The Masters House 10 Abbey Yard . Newry Co Down BT34 2EG ## 4 February 26 -3- ## Newry Maritime Association ## Statement of Receipts and Payments ## Year ended 31 March 2025 ||Restricted|Unrestricted|Total|Total| |---|---|---|---|---| ||Funds|Funds|2025|2024| ||£|£|£|£| |Receipts||||| |Grants|2,467|-|2,467|1,669| |Membership fees|-|11,310|11,310|5,100| |Donations|-|420|420|1,580| |Payments for events|-|-|-|190| ||2,467|11,730|14,197|8,539| |Payments||||| |Events|-|1,020|1,020|793| |Travelling costs|-|125|725|816| |Repairs & maintenance|-|-|-|145| |Insurance|-|-|-|357| |Printing, postage & stationery|875|2,011|2,886|2,351| |Sundry expenses|-|356|356|607| |Donations|-|100|100|100| |Plaques|1,741|1,990|3,731|3,395| |Bank fees|-|89|89|88| |Accountancy|-|468|468|456| |Overpayment ofexpense|-|54|54|-| |Fund transfer|(149)|149|-|-| ||2,467|6,962|9,429|9,108| |Surplus/ (deficit) forthe year|-|4,768|4,768|(569)| |Funds Reconciliation||||| |Opening Bank & Cash Balance|-|4,946|4,946|5,515| |Surplus / (deficit) for the year|-|4,768|4,768|(569)| |ClosingBank&CashBalance|-|9,714|9,714|4,946| -4- Newry Maritime Association ## Statement of Assets and Liabilities ## 31 March 2025 ||Restricted|Unrestricted|Total|Total| |---|---|---|---|---| ||Funds|Funds|2025|2024| ||£|£|£|£| |Funds Reconciliation||||| |Opening Bank & Cash Balance|-|4,946|4,946|5,515| |Surplus / (deficit) forthe year|-|4,768|4,768|(569)| |Closing Bank & Cash Balance|-|9,714|9,714|4,946| |Bank & Cash Balances||||| |Bank Current Account|||9,709|4,941| |Cash in Hand|||5|5| ||||9,714|4,946| |Other Assets||||| |Membership Fees Receivable|||1,350|5,880| |Laptop & Printer|||1,405|1,405| ||||2,755|7,285| Approved by the board of trustees on 4 February 26 and signed on their behalf by: Lrstee McArevey / -5- Newry Maritime Association ## Notes to the Financial Statements ## Year ended 31 March 2025 ## 1. Basis of preparation The financial statements have been prepared on a receipts and payments basis. The financial statements are prepared in sterling, which is the functional currency of the entity. ## 2. Trustee remuneration and expenses Trustees received no remuneration for their services as trustees, and no trustees were employed by the charity. -6-