COMPANY REGISTRATION NUMBER: N1029207
CHARITY REGISTRATION NUMBER: XR741101100S79
Toomebridge Industrial Development Amenities and
Leisure Limited
Company Limited by Guarantee
Unaudited Financial Statements
29 February 2024
S O'NEILL & COMPANY
Chartered accountants
14 Main Street
Toomebridge
Co. Antrim
Northern Ireland
BT413TQ

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Financial Statements
Year ended 29 February 2024
Page
Trustees, annual report (incorporating the directorfs report)
Independent examiner's report to the trustees
Statement of financial activiti'es (including income and
expenditure account)
Statement of financial posits'on
Statement of cash flows
10
Notes to the financial statements
11
The following pages do not forni part of the financial statements
Detailed statement of financial activits.es
24
Notes to the detsiled statement of financial activities
27

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Directorfs Report>
Year ended 29 February 2024
The trustees, who are also the directors for the purposes of company law. present their report and the
unaudited financial statements of the charity for the year ended 29 February 2024.
Reference and administrative details
Registered charity name
Toomebridge Industrial Development Amenities and Leisure Limited
Charity registration number
XR741101100579
Company registration number N1029207
Principal office and registered Toome House
office
55 Main Street
Toomebridge
Co Antrim
BT413TF
The trustees
Mr Henry Marron (Treasurer)
Mr John Lavety (Chaimian)
Mr James Thomton (Assistant
Treasurer)
Mr James Woolsey
Mr Peter McLemon
Mr Kyle Johnston
Company secretary
Mrs Una Johnston
Independent examiner
S O'Neill & Company
14 Main Street
Toomebridge
Co. Antrim
Northem Ireland
BT413TQ

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) (continued)
Year ended 29 February 2024
Structure, governanc8 and management
A Company Limited by Guarantee.
The Executive Committee present their report and the financial statements for the year ended 29
February 2024.
Toomebridge Industrial Development Amenities and Leisure Limited (TIDAL) is a company limited by
guarantee, govemed by the Memorandum and Articles of Association.
The day to day decision making is undertaken by the Development Officer under the guidance of the
Chairman. Decisions of strategy and policy making are taken by the full Board of Trustees with
financial matters being addressed by the Company Treasurer and Assistant Treasurer as outlined in
the Corporate Governance Procedures and Controls Report.
It is the responsibility of the Company's Board of Trustees along with the Development Officer to
ensure Funders regulations are met and adhered to.
Objectives and activities
TIDAL is established to promote urban and rural regeneration in the Toomebridge area and its
environs.
To relieve poverty in such ways as may be thought fit.
To relieve unemployment and also assist in finding employment.
The advancement of education and training, particularfy among unemployed people and
providing unemployed people with work expenen￿_
The creation of training and employment opportunrties by the provision of workspace,
buildings andlor land for use on favourable temis.
To maintain, improve and provide public amenities.
The provision of public health facilities.
The protection and preservation of health.
To provide recreational facilities for the public at large or those vtho by reason of their youth,
age, infimity or disablement, poverty or social and economic circumstances have need for
such facilities.

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) (continued)
Year ended 29 February 2024
Achievements and perfomiance
It was almost as difficult to work post covid as it was dunng covid, as the effects and fears still affected
peoples willingness to socialise and get involved in classes and courses.
With the support of ANBC and NHLP we continued to provide food deliveries and meals within our
community building.
The need for The Pre-Loved Uniform Scheme was even more evident, wth redundant uniforms being
passed on to younger children rather than go to landfill. Demand was high and we plan to offer this
scheme for as long as necessary.
Local volunteers continued to maintain the SID which Tidal ¢harged and related the relevant
information back to the Traffic Poll￿_
Our Community Garden continued to blossom with local hospitalities be-decking their premise5 Wlth
floral baskets and window boxes. We were also privileged to provide flowers for Hazelbank School
Sensory Garden and worked very closely with Kilronan Special Care Sthool whereby the school
hildren participated in projects wthin our garden.
Monitoring and support remained strong with ANBC, providing us financial support for the
Insurance of our Premises and the running of our 2 large annual events, Toome Fair & Christmas.
Both these events have continued to grow in popularity in attendance, increasing in size every year.
Due to the positive and progressive projects of the group, anti-social behaviour has remained at an all
time low. This has quite obviously led to an increase in investment in the area by contractors through
the building of many new homes.
One of the many important issues that Tidal feels they need to address in the near future is
improvement in staff management and sustainability of suitable staff to take our Social Enterprise to its
full potential.
Our most recognisable achievement for a number of years was to work dosely wth the HSCNI to
match fund a considerable extension to our Doctors Surgery. This was a big coup for the area,
probably confimiing Tidal as one of the premier Healthy Living Centres within the alliance.
Financial review
Against the backdrop of limited resources and insecurities over funding, it has continued to be difficult
to plan or develop services. Nevertheless the charity, with the aid of sound financial management
and the support of both its staff and volunteers generated a positive financial outcome for the period
with a decrease in net income of £16.714 (2023.. £61.620). leaving the total funds at £1,087,805
{2023. £1,104,588). Its success in obtaining new funding for 2024125 from Antrim & Newtownabbey
Borough Council V￿￿1 provide much needed additional resources.
PRINCIPAL FUNDING SOURCES
Aside from the income generated by the rental of business units and room hire, the principle funding
sources for the Charity are currently by way of grants from Antrim & Nevrtownabbey Borough Council.
As a result of increasing constraints on local authority expenditure, the charity has to seek funding
from a much broader group of agencies.
RESERVES
There is a prudent amount retsined in reserves each year.

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (¢ontinued)
Year ended 29 February 2024
Plans for future persods
To source fvnding to extend The Lock Keepers Cottage. both the seating area and the kitchen.
To continue to source funding for our flagship project, a Marina along the nver Bann.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to
the small companies exempts'on.
The trustees, annual report was approved on 16 June 2025 and signed on behalf of the board of
trustees by.
Mr Henry
Trustee
arron (Treasurer)
Mrs Una Johnston
Charity Secretary

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Independent Examinerfs Report to the Trustees of Toomebridge Industrial
Development Amenities and Leisure Limited
Year ended 29 February 2024
I report to the trustees on my examination of the financial statements of Toomebrid9e Industrial
Development Amenities and Leisure Limited ('the chanty,) for the year ended 29 February 2024.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are
responsible for the preparation of the financial statements in accordance with the requirements of
Charities Act (Northern Ireland) 2008 {the .2008 Act'l and the Companies Act 2006 {'the 2006 Act'l.
You are satisfied that the accounts of the company are not required by charity or company law to be
audited and have chosen instead to have an independent examination.
Having satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination. I report in respect of my examination of
the charity's financial statements as carried out under section 65 of the 2008 Act. In carying out my
examination I have followed the general Directions given by the Charity Commission for Northern
Ireland under section 6519)(b) of the 2008 Act.
Independent examiner's statement
Since the charity's gross income exceeded £250.000 your examiner must be a member of a body
listed in section 65 of the 2008 Act. I confirm that l am qualified to undertake the examination because
l am a member of Chartered Accountants Ireland, which is one of the listed bodies_
I have completed my examination. I confirm that no matters have come to my attention in connection
with my examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the charity as required by section 386 of the
2006 Act., or
the financial statements do not accord with those records". or
the financial statements do not comply wrth the accounting requirements of section 396 of
the 2006 Act other than any requirement that the accounts give a 'true and fair, view which
is not a matter considered as part of an independent examination- or
the financial statements have not been prepared in accordance wth the methods and
prbnciples of the Statement of Recommended Practice for accounting and reporting by
chanties applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 102).

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Independent Examinerfs Report to the Trustees of Toomebridge Industrial
Development Amenities and Leisure Limited (corttinued)
Year ended 29 February 2024
l Gonfirm that there are no other matters to which your attention should be drawn to enable a proper
understanding of the accounts to be reached_
S O'Neill & Company
Independent Examiner
14 Main Street
Toomebridge
Co. Antrim
Northern Ireland
8T41 3TQ
16 June 2025

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 29 February 2024
2024
Restricted
funds Total funds
2023
Unrestncted
funds
Total funds
Note
Income and endowments
Donations and legacies
Charitable activities
Other income
2,703
115,295
75.657
68,428
71,131
115,295
75,657
99,676
99,085
74,385
Total income
193,655
68.428
262.083
273,146
Expenditure
Expenditure on faising funds.
Costs of other trading activits'es
Expenditure on charitable activities
Total expenditure
99,933
117.603
99,933
178,864
83,555
251,211
9.10
61,261
217,536
61.261
278,797
334.766
Net expenditure
(23.881)
7,167
116.714)
(61,620)
Transfers behveen funds
4.204
(4,204)
Other recognised gains and losses
Losses from revaluation of fixed assets
(69)
(19,746)
1691
(16,783)
(681
(61,688)
Net movement in funds
2,963
Reconciliation of funds
Total funds brought forward
Totsl funds carried forward
665.702
438.886
1,104,588
1,166,276
645,956
441,849
1,087,805
1,104,588
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 11 to 22 form part of these financial ststements.

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Statement of Financial Position
29 February 2024
2024
2023
Note
Fixed assets
Tangible fixed assets
Hentage assets
18
19
1,004,324
126,143
957,100
126,143
1,130,467
1,083,243
Current assets
Debtors
Cash at bank and in hand
20
21.953
42,264
32,347
18.984
64,217
51,331
Creditors: amounts falling due within one year
Net current liabilities
21
106,879
29,986
(42.662)
1.087,805
21,345
Total assets less current liabilities
1,104,588
Net assets
1.087,805
1.104,588
Funds of the charity
Restricted funds
Unrestricted funds.
Revaluation reserve
Other unrestricted income funds
441.849
438,886
2.121
643.835
2,190
663,512
Total unrestricted funds
645,956
665,702
Total charity funds
23
1,087.805
1,104,588
For the year ending 29 February 2024 the charity was entstled to exemption from audit under se¢tion
477 of the Companies Act 2006 relating to small companies
Directors, responsibilities..
The members have not required the company to obtain an audit of its financial statements for the
year in question in accordance v4ith section 476..
The direclors acknowledge their responsibilities for complying with the requirements of the Act
with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance wth the provisions applicable to
companies subject to the small companies, regime.
The statement of financial position
continues on the following page.
The notes on pages 11 to 22 forni part of these financial statements.

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Statement of Financial Position (continue
29 February 2024
These financial statements were approved by the board of trustees and authonsed for issue on 16
June 2025, and are signed on behalf of the board by.
Um<ok-Yxsbo
Mrs Una Johnston
Chanty Secretary
The notes on pages 11 to 22 fomi part of these financial statements.

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
ststement of Cash Flows
Year ended 29 February 2024
2024
2023
Cash flows from operating activities
Net expenditure
(16,714)
(61,620)
Adjuslments for."
Depreciation of tangible fixed assets
Government grant income
Accrued expenses
27,687
119.653)
1,934
30,975
{39,9171
6,261
Changes in..
Trade and other debtors
Trade and other creditors
10,394
(1,428)
2,220
(1,154)
6,742
Cash generated from operations
Net cash froml(used in) operating activities
{58,713)
(58,713)
2.220
Cash flows from investing activities
Purchase of tangible assets
Net cash used in investing activib'es
(74,980)
(74,980)
(23,217)
(23,217)
Cash flows from financing activities
Proceeds from borrowings
Government grant income
Net cash from financing activities
76,388
19.653
39,917
96.041
39,917
Net increasel(decrease) in ¢ash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
23,281
18.984
(42,013)
60,997
42,265
18,984
The notes on paggs 11 to 22 forni part of these financial statgmgnts.
10-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 29 February 2024
General information
The chanty is a public benefit entity and a private company limited by guarantee, registered in
Northern Ireland and a registered charity in Northem Ireland. The address of the registered office
is Toome House, 55 Main Street. Toomebridge. Co Antrim. BT413TF.
Statement of compliance
These financial statements have been prepared in compliance wth FRS 102, The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,. the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charitie5
SORP {FRS 102)) and the Companies Act 2006.
Accounting policies
Basis of preparation
The financial ststements have been prepared on the histoncal cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statement5 are prepared in sterling, vthich is the functional cU￿encY of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors, including expectations
of future events that are believed to be reasonable under the cirCumstan￿s.
Fund accounting
Unrestncted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestncted funds eamiarked by the trustees for particular future project or
commitment.
Restricted ftjnds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal, and fall into one of Iwo sub-classes.. restricted income funds or
endowment funds.
11

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 29 February 2024
Accounting policies (continued)
Incoming resourGes
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity,. it is probable that the economic benefits associated with the transaction
will flow to the charity and the amount can be reliably measured The following specific policies
are applied to particular categories of income".
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measurèd reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is denved from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the
accounts when received if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the supply of services is recognised wrth the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for tt to be spent on a particular purpose and retumed if unspent. in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expendilure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates".
expenditure on raising funds includes the costs of all fundraising activities, events,
non-charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its chantable aims for the benefit of its beneficiaries. including those
support costs and costs relating io the governan￿ of the charity apportioned to Charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories refiecb'ng the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity Shared costs are apportioned
between the acb-vities they contnbute to on a reasonable. justifiable and consistent basis.
Tangible assets
All fixed assets are initially recorded at cost.
Capitalisation of property extensions
Only the Charity's direct expenditure is recognised as an addition to fixed assets.
12

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements (¢gntinued)
Year ended 29 February 2024
Accounting policies (continued)
Contributions from tenants and third parties are not reflected in the Charity's asset value.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value. over the useful economic life of that asset as follows".
Freehold buildings
Fixtures and fittings
Equipment
Improvements to leasehold
property
Straight line over 35 years less residual value
200/0 Straight Line
20 % Straight Line
Straight line over 35 years less residual value
Heritsge assets
The charity holds heritsge assets, which are tangible fixed assets of historical, artistic or scientific
importance that are held to advance preservation and conservation objectives of the charity.
Newly purchased heritage assets are capitalised and included at cost including any incidental
expenses of acquisition.
Vvhere heritage assets were acquired in past accounting periods and not capitalised, it can be
difficult or costly to attribute a cost or value to them. In such cases. these assets are excluded
from the balance sheet if reliable cost information is not available and conventional valuation
approaches lack sufficient reliability or significant costs are involved in the reconstruction or
analysis of past accounting records or in valuation, which are onerous compared with the
additional benefit derived by users of the accounts in assessing the trustees, stewardship of the
assets.
The very long expected lives of heritage assets. due to their nature, value and need to be
protected and preserved means that depreciats'on is not material and is, therefore. not provided.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants
are not recognised until there is reasonable assurance that the charity will comply with the
conditions attaching to them and the grants will be r￿1ved.
Where the grant does not impose specified future performance-related conditions on the
recipient, it is recognised in income when the grant proceeds are received or receivable. Where
the grant does impose specified future perfomance-related conditions on the recipient, it is
recognised in income only ￿en the perfonnance-related conditions have been mel. Where
grants received are prior to satisfying the revenue recognition Criteria. they are recognised as a
Limited by guarantse
Toomebridge Industrial Development Amenities and Leisure Limited is a company limited by
guarantee and accordingly does not have a share capital.
Every member of the company undertakes to contribute such amount as may be required not
exceeding £1 to the assets of the charttable company in the event of it being wound up while he
or she is a member, or within one year after he or she ceases to be a member.
13-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 29 February 2024
Donations and legacies
Unrestricted
Funds
Restncted Total Funds
Funds
2024
Grants
Enkalon
CCF- Community Foundation
Housing Executive
Albert Hunt- Youth Programme
HMRC SSP & Job Retention Scheme
KNIB - Pollinator
ARN Community Foundation
wate￿ayS Ireland
Saint Vincent De Paul
Pain Programme
CDHN - Tiny Steps
Social Prescnbing Project
Big Lottery Grants
Government grant income
2,000
2,000
6,600
12,000
9,974
20,904
16,950
6,600
12,000
9,974
20,904
19.653
2.703
2,703
68,428
71,131
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Grants
Enkalon
CCF- Community Foundation
Housing Executive
Albert Hunt- Youth Programme
HMRC SSP & Job Retention Scheme
KNIB - Pollinator
ARN Community Foundation
Vvatetways Ireland
Saint Vincent De Paul
Pain Programme
CDHN- Tiny Steps
Social Prescribing Project
Big Lottery Grants
Government grant income
750
5.000
2.000
750
5,000
2.000
173
8,181
5,000
9,321
1,100
600
7,256
20,378
173
8.181
5,000
9,321
1.100
600
7.256
20,378
12,500
27,417
39,917
12.673
87.003
99,676
-14-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements {c¢>ntinuèd)
Year ended 29 February 2024
Charitable activities
Unrestricted T¢)tsl Funds Unrestricted Totsl Funds
Funds
2024
Funds
2023
Lock Keepers Cottage In¢ome
Duneane Garden income
Oil Club Membership
102,762
12,528
102,762
12,528
93,635
93,635
5,450
5,450
115.295
115.295
99,085
99,085
Other income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Rental income
Room hire
Toome Fair
71,803
2,187
1.667
71.803
2,187
1.667
71.530
1,585
1.270
71,530
1,585
1,270
75.657
75,657
74,385
74,385
Costs of other trading activities
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Costs of other trading activities - Lock Keepers
Cottage
99,933
99,933
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Costs of other trading activities - Lock Keepers
Cottage
73.624
9,931
83,555
15-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Ststements (continued)
Year ended 29 February 2024
Expenditure on charitable activities by fund type
Unrestncted
Funds
Restricted Total Funds
Funds
2024
Antrim & Newtownabbey Borough Council Projects
Big Lottery
Tiny Steps
Duneane Allotment Garden
Social Prescribing Project
Pain Programme
ARN- Community Foundation
Support costs
556
14,251
18,259
266
14,807
18,259
266
13,895
6,500
2,940
4,312
117,885
13,895
6,500
1,300
3.953
16,732
1,640
359
101,153
117.603
61,261
178,864
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Saint Vincent De Paul
Waterways Ireland
Antrim & Newtownabbey Borough Council Projects
KNIB - Pollinator project
Tiny Steps
Duneane Allotment Garden
Nl Housing Executive projects
American Ireland Fund
Social Prescribing Project
Pain Programme
Education Authority- Summer Scheme
ARN - Community Foundation
Community Foundation
Support costs
1,650
6,771
33,822
6,267
11,740
1,650
6,771
34,365
6.267
11,740
14,959
1,095
2,613
20.492
2.675
151
885
749
146.799
543
14.959
1,095
2,613
20.042
2.675
450
151
70
815
749
24,918
121,881
138,054
113.157
251,211
16-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 29 February 2024
10. Expenditure on Charitable activities by activity type
Grant funding
of activities Support costs
Total funds
2024
Total fund
2023
Administrats'on expenses
Saint Vincent De Paul
Waterways Ireland
Antrim & Newtownabbey Borough
Council
KNIB - Pollinator project
Big Lottery
Tiny Steps
Duneane Garden Allotment
Nl Housing Executive projects
American Ireland Fund
Social Prescribing project
Pain Programme
Education Authority- Summer
Scheme
ARN - Community Foundation
Community Foundation
117.885
117,885
146,799
1,650
6,771
14.805
14.805
34,365
6,267
18.259
266
13.895
18,259
266
13.895
11,740
14,959
1,095
2,613
20,492
2,675
6,500
2,940
6,500
2,940
151
885
749
4.314
4,314
60,979
117.885
178.864
251,211
11. Analysis of support costs
Total 2024
Totsl 2023
Staff costs
Premises
Communications and IT
General office
Finance costs
Governance costs
Depreciation
Travel and entertainment
Subscriptions
Bad debts wloff
TIG Loan Written i)ff
51,963
12,438
4.867
2,622
60
12.288
27,689
4,099
1080
779
63,494
19,866
3,494
6,882
121)
11,182
30,975
2,649
243
300
7,735
117,885
146,799
12. Analysis of grants
2024
2023
Grants Expenditure
Grants expenditure
Total grants
44.529
110,349
44,529
110,349
17-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 29 February 2024
13. Net expenditure
Net expenditure is stated after chargingl(crediting)-.
2024024
2021023
Depreciation of tangible fixed assets
Operating lease rentals
27,687
100
30,975
100
14. Independent examination fees
2024
2023
Fees payable to the independent examiner for-.
Independent examination of the financial statements
Other financial services
3.980
6,629
3,980
5,059
10,609
9,039
15. Staff costs
The total stsff costs and employee benefits for the reporting period are analysed as follows".
2024
2023
Wages and salaries
Social secunty costs
128,955
2,743
119,789
1,797
131.698
121,586
The average head count of employees during the year was 13 {2023: 11). The average number
of full-time equivalent employees during the year is analysed as follows=
2024
No.
2023
No.
Office staff
Cleaner
Lock Keepers Cottage staff
13
No employee received employee benefits of more than £60,000 during the year (2023. Nil).
16. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were
received by the trustees
18

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 29 February 2024
17. Transfers between funds
The followng grants were received for restricted projects. and have been uts'lised against specifi
costs of the projects undertaken by the charity.
However, there are a number of these grants that were to offset the running costs of the charity.
As a result, these funds have been transferred from Restricted funds to Unrestricted funds to
offsel these project expenses, with the remainder to be utilised by the chanty as they see fit.
2024
Antrim & Newtownabbey Borough Council - SummerlHalloween Scheme
Enkalon Foundation
Antrim & Newtownabbey Borough Council - School Unifomis
Antrim & Newtownabbey Borough Council- Senior Christmas Celebration
Antrim & Newtownabbey Borough Council- Christmas Swtch On
ARN - Community Foundation
Social Prescribing
Total
(21
74
191)
1441)
185
4,477
4,204
18. Tangible fixed assets
Improvement
to leasehold
property
Land and Fixtures and
buildings
fittings
Equipment
Total
Cost
At 1 March 2023
Additions
796,024
74.980
29.206
177.241
177,080
1,179.551
74,980
At 29 February 2024
Depreciation
At 1 March 2023
Charge for the year
Revaluations
871.004
29.206
177,241
177,080
1,254,531
23,940
7,911
69
23,300
2,318
138,782
10,608
36.429
6.850
222,451
27,687
69
At 29 February 2024
Carrying amount
At 29 February 2024
At 28 February 2023
31.920
25.618
149,390
43,279
250,207
839,084
3,588
27.851
133,801
1,004.324
772.084
5.906
38.459
140,651
957,100
A charge on the buildings has been registered with Companies House on 15 March 2018. This
relates to a buildings grant receivable from Department of Agriculture Environment and Rural
Affairs for the Toome House extension.
An extension to the surgery was constructed on this property. The total extension was funded
by 13.28 % by the Charity and 87.72°k by a grant secured independently by the tenant and paid
directly to them. Only the charity's direct contnbution of £74.980 12023.. £6,338) as at 29
February 2024 has been capitalised as an addib'on to tangible fixed assets. The extension
fomis part of the charity's propety, and full legal ownership rests with the charity. The charity
has no obligation in respect of the tenant's grant funding. and no asset or liability is recognised
for the tenant-funded portion.
19-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements (corttinuedj
Year ended 29 February 2024
18. Tangible fixed assets (conlinuedl
Improvements to leasehold property relates to capital expenditure on the Lock Keepers Cottage
and Duneane Garden Allotment. These properties are held under lease from Watetways Ireland
and Down & Connor Diocese respectively_ A lease payment of £100 per annum is paid to
WaleThvays Ireland in respect of the Lock Keepers Cottage.
Tangible fixed assets held at valuation
The buildings at Toome House have been valued by Mr Richard Mcculloch, Mcculloch Estate
Agents on 26 August 2020 at £630.000 with a residual value of £350.000.
The historic cost of the building was £1,345.154.
19. Heritage assets
Heritage Assets included in the accounts relate to the Sculpture and the Community Garden
(£64,160 & £61,983 respectively)
Community
Garden
Sculpture
Total
Cost or valuation
At 1 March 2023 and 29 February 2024
A¢¢umulated depreciation
At 1 March 2023 and 29 February 2024
Carrying amount
At 29 February 2024
At 28 February 2023
64.160
61,983
126.143
64,160
61.983
126,143
64,160
61.983
126.143
All Heritage Assets at reported at cost.
20.
Debtors
2024
2023
Trade debtors
Prepayments and accrued income
Other debtors
5,380
3.520
13.053
6,137
3,428
22,782
21,953
32,347
21.
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
Trade creditors
Accruals and deferred income
Social security and other tsxes
Other creditors
76,388
6.079
14,786
5,289
4.434
9,574
12,853
2,924
4,635
106,976
29,986
A bridging loan wth Danske Bank Ltd for £78,250 had been agreed on 1 February 2023 and at
29 February 2024 £76,388 of this had been drawn down.
-20-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Ststements (continued)
Year ended 29 February 2024
22. Government grants
The amounts recognised in the financial statements for govemment grants are as follows"
2024
2023
Recognised in income from donations and lega¢ies'.
Government grants income
23. Analysis of charitable funds
19,653
39,917
Unrestricted funds
At
1 Mar 2023
Gains and
At
losses 29 Feb 2024
Income Expenditure
Transfers
General funds
Revaluation
reserve
663.512
193.655
(217.536)
4.204
643,835
2,190
(69)
1691
2,121
665.702
193,655
(217.536)
4.204
645,956
At
1 Mar 2022
Gains and
At
losses 28 Feb 2023
Income Expenditure
Transfers
General funds
Revaluation
reserve
694,049
186,143
(211 ,678)
{5,002>
663,512
2,258
{681
168)
2.190
696,307
186,143
(211,678)
(5,002)
665,702
Restricted funds
At
1 Mar 2023
Gains and
At
losses 29 Feb 2024
Income Expenditure
Transfers
Propety
438,886
68,428
(61.261)
(4.2041
441.849
At
1 Mar 2022
Gains and
At
losses 28 Feb 2023
Income Expenditure
Transfers
Propety
469,969
87.003
(123.088)
5.002
438,886
21

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 29 February 2024
24. Analysis of net assets between funds
Unrestncted
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Heritage assets
Current assets
Creditors less than 1 year
Net assets
757.691
246.633
126,143
70,847
(1.774)
1,004,324
126,143
91,305
(133,9671
1,087,805
20,458
(132.193)
645,956
441,849
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tangible fixed assets
Heritage assets
Current assets
Creditors less than 1 year
Net assets
693,738
263,364
126,143
54,062
(4,683)
957,102
126,143
81,799
{60,456)
27.737
(55.773)
665.702
438,886
1,104,588
25. Analysis of changes tn net debt
At
At 1 Mar 2023 Cash fiows 29 Feb 2024
Cash at bank and in hand
Debt due bmthin one year
18,984
23,281
(76,388)
42,265
176,388)
18.984
{53,107)
(34,123)
A bridging loan with Danske Bank Ltd for £78.250 had been agreed on 1 February 2023 and at
29 February 2024 £76,388 of this had been drawn down. This loan is covered by an existing 'AII
Monies Charge, from Danske Bank, that was registered with Companies House on 7 March
2000.
26. Related parties
None of the Trustees have been paid any remunerats'on or received any other benefits from an
employment with the Charity or a related paty dunng the year.
No Trustee expenses have been incurred during the year.
An amount of £7,735.66 was loaned to Toomebridge Inttiative Group, a local charity with some
common Directors. This amount has been wntten off during the year as the Company was
dissolved ￿￿th Companies House via ¢ompulsory strike off on 15 August 2023.
27. Capital Commitment
An extension of the Surgery unit wrthin the main property has been undertaken as at 29 February
2024. wth only £74,980 (2023.. 6,338) of the cost incurred in this year, and the total estimated
¢ost of Gompleting this project is £85,000.
-22-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 29 February 2024
28. Off Balance Sheet arrangements
An extension to the surgery was constructed on this property. The total extension was funded
by 13 28 % by the Chanty and 87.72 % by a grant secured independently by the tenant and paid
directly to them. Only the chanty's direct contribution of £74,980 12023 £6,338) as at 29
February 2024 has been capitalised as an addition to tangible fixed assets. The extension
forms part of the charily's propety, and full legal ownership rests wth the charity. The charity
has no obligab'on in respect of the tenant's grant funding. and no asset or liability is recognised
for the tenant-funded portion.
-22-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Management Infonnation
Year ended 29 February 2024
The following pages do not form part of the financial statements.
-23-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 29 February 2024
2024
2023
Income and endowments
Donations and legacies
Enkalon
CCF - Community Foundation
Housing Executive
Albert Hunt- Youth Programme
HMRC SSP & Job Retention Scheme
KNI B - Pollinator
ARN Community Foundation
Waterways Ireland
Saint Vincent De Paul
Pain Programme
CDHN - Tiny Steps
Social Prescribing Project
Big Lottery Grants
Antrim & Newtownabbey Borough Council
2.000
750
5,000
2,000
173
8,181
5.000
9,321
1,100
600
7,256
20,378
6,600
12,000
9,974
20.904
19,653
39,917
71.131
99,676
Charitable activities
Lock Keepers Cottage Income
Duneane Garden income
Oil Club Membership
102.762
12,528
93,635
5,450
115.295
99,085
Other income
Rental income
Room hire
Toome Fair
71,803
2.187
1,667
71,530
1,585
1,270
75,657
74,385
Totsl income
262,083
273,146
-24-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Detailed Statement of Financial Activities (continued)
Year ended 29 February 2024
2024
2023
Expenditure
Costs of Lock Keepers Cottage trading activities
Purchases
Wages and salanes
Employer's NIC
Operating leases
Rent
Rates and water
Light and heat
Repairs and maintenance
Motor vehicle expenses
Other office costs
Card machine service charge
Advertising
Volunteers Treat
Casual wages
Lock Keepers Cottage general expenses
29,944
56,744
909
100
30,547
42,727
461
100
255
76
3,525
1,817
87
3.214
1,888
90
19
2,363
223
94
4.059
199
18
2,000
435
1,586
99,933
83,555
Expenditure on charitable activities
Duneane Garden Purchases
Purchases
Office Wages and salaries
Duneane Garden wages and salaries
Employerfs NIC
Office casual wages
Oil Club Expenses
Rates and water
Light and heat
Repairs and maintenance
Insurance
Duneane Garden light and heat
Sundy expenses
Legal and professional fees
Bank charges
Accountancy and book-keeping fees
Telephone
Other office costs
Depreciation
Release of Revaluation Reserve
Charitable activity expenses
Computer expenses
Motor expenses, Travel and Entertainment
PAYE Interest
Subscription5
Bad Debts written off
TIG Loan written off
10,329
2,963
85
61,283
50,270
18,259
1.834
1,211
1,000
5,100
558
6,122
18,891
5,691
600
1,282
1.874
269
9,039
2,237
415
31,043
{68)
44,391
1,257
2.649
{21)
243
300
7,735
582
4,521
2,752
6,356
800
1,902
969
10,609
3,308
294
27,756
169
28.825
1,559
4,105
60
1,081
780
ca￿led forward
176,882
251,211
-25-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Detailed Statement of Financial Activities (continued)
Year ended 29 February 2024
2024
2023
Brought forward
176,882
251,211
Stsff training costs
Advertising
Toome Fair Expenses
Bank Interest
Duneane Garden Volunteer Celebration
350
12
882
710
28
178,864
251.211
Total expenditure
278,797
334.766
Net expenditure
(16,714)
{61,620)
-26-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 29 February 2024
2024
2023
Costs of other trading activities
Costs of other trading activities - Lock Keepers Cottage
Lock Keepers Cottage purchases
Lock Keepers Cottage wages and salanes
Lock Keepers cottage employerfs NIC
Lock Keepers Cottage premises lease
Lock Keepers Cottage coffee machine rentsl
Lock Keepers Cottage rates & water
Lock Keepers Cottage light & heat
Lock Keepers Cottage repairs & maintenance
Lock Keepers Cottage motor vehicle expenses
Lock Keepers Cottage office costs
Lock Keepers Cottage Card machine seNice charge
Lock Keepers Cottage advertising
Lock keepers Cottage subscriptions
Lock Keepers Cottage casual wages
Lock Keepers Cottage 9eneral expenses
29,944
56,744
909
100
30,547
42,727
461
100
255
76
3.525
1,817
87
3.214
1,888
90
19
2,363
223
94
4,059
199
18
2,000
435
1,586
99,933
83,555
Costs of other trading activities
99,933
83,555
-27-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Detsiled Ststement of Financial Activities (continued)
Year ended 29 February 2024
2024
2023
Expenditure on charitable activities
Support costs
Purchases
Wages and salaries
Employels NIC
Casual wages
Staff training
Oil Club Expenses
Rates and water rales
Light and heat
Repairs and maintenance
Insurance
Sundry expenses
Legal and professional fees
Bank charges
Accountancy fees
Telephone
Printing, postsge and stab'onery
Depreciation
Advertising
Computer expenses
Toome fair expenses
PAYE Interest
Motor expenses
Subscriptions
Travelling
Bad debt write offs
Bank interest
TIG loan written off
85
61,283
1,211
1,000
50.270
1,343
350
5,100
154
6,122
7,899
5,691
1,282
1,874
269
9,039
2,237
415
30,975
88
4,521
1,473
6,356
1,434
969
10,609
3,308
294
27,687
12
1,559
882
60
3,656
1,081
443
780
710
1,257
{21}
2,649
243
300
7.735
117.885
146.799
Saint Vincent De Paul
Grant funding activities
Saint Vincent De Paul expenditure
1.650
Waterways Ireland
Grant funding activities
Waterways Ireland expenses
Antrim & Nevitownabbey Borough Council
Grant funding activities
ANBC - Seniors Christmas Dinner Event & Christmas Lights
ANBC - Food and essential supplies expenses
ANBC - Speed Indicator Device expenses
ANBC - Warm, Well & Conneded
6,771
2,121
2,517
12,231
58
1,055
116
Carried forward
3,292
14,806
-28-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities (Cont￿￿0d)
Year ended 29 February 2024
2024
2023
Brought forward
3.292
14,806
ANBC - School Unifomis
ANBC - FestivallFunday expense
ANBC- Halloween expenses
ANBC - Come to Community expenses
ANBC - Northern Healthy Lifestyles expenses
ANBC - Taste the Borough expenses
198
8,634
2,381
166
11,625
2,278
3,038
900
1.552
300
14,805
34,365
KNIB Pollinator grant
Grant funding activities
KNIB Pollinator expenses
Big Lottery grant
Grant funding activities
Big Lottery grant- Duneane Garden Wages and Salaries
Tiny Steps
Grant funding activities
Tiny Steps expenses
Duneane Allotment Garden
Grant funding activities
Duneane Garden purchases
Duneane Garden wtsgeslsalaries
Duneane Garden employerfs NIC
Duneane Garden rates and water rates
Duneane Garden repairs & maintenance
Duneane Garden light and heat
Duneane Garden motor vehicle expenses
Duneane Allotment Garden expenses
Duneane Garden volunteer celebration
6,267
18,259
266
11.740
10,329
11)
491
494
1,279
800
2,963
404
10,992
600
468
29
13,895
14,959
Nl Housing Executive
Grant funding activities
NIHE Kids Cottage Garden expenses
Other
Grant funding activities
Social Prescribing project expenses
American Ireland fund expenses
Pain Program expenses
Education Authority- Summer Scheme
ARN - Community Foundation expenses
Community Foundation expenses
1,095
6,500
20.492
2,613
2,675
151
885
749
2,940
4,314
13,754
27,565
-29-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities (continued)
Year ended 29 February 2024
2024
2023
Expenditure on charitable activities
178,864
251.211
-30-