COMPANY REGISTRATION NUMBER: N1029207
CHARITY REGISTRATION NUMBER: XR741101100579
Toomebridge Industrial Development Amenities and
Leisure Limited
Company Limited by Guarantee
Unaudited Financial Statements
28 February 2025
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 28 February 2025
Page
Trustees, annual report (incorporating the director's report)
Independent examineffs report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of financial position
Statement of cash flows
10
Notes to the financial statements
The following pages do not form part of the financial statements
Detailed statement of financial activities
11
24
Notes to the detailed statement of financial activities
27

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 28 February 2025
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 28 February 2025.
Reference and administrative details
Registered charity name
Toomebridge Industrial Development Amenities and Leisure Limited
Charity registration number
Company registration number N1029207
Principal office and registered Toome House
office
55 Main Street
Toomebridge
Co Antrim
BT413TF
XR741101100579
The trustees
Mr Henry Marron (Treasurer)
Mr John Lavety {Chairman}
Mr James Thornton (Assistant
Treasurer)
Mr James Woolsey
Mr Peter McLernon
Mr Kyle Johnston
Mr James McGee
(Appointed 1 November 2025)
Company secretary
Mrs Una Johnston
Independent examiner
S O'Neill & Company
14 Main Street
Toomebridge
Co. Antrim
Northern Ireland
BT413TQ

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continued)
Year ended 28 February 2025
Structure, govemance and management
A Company Limited by Guarantee.
The Executive Committee present their report and the financial statements for the year ended 28
February 2025.
Toomebridge Industrial Development Amenities and Leisure Limited (TIDAL) is a company limited by
guarantee, governed 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, particularly among unemployed people and
providing unemployed people with work experience.
The creation of training and employment opportunities by the provision of workspace,
buildings andlor land for use on favourable terms.
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 who by reason of their youth,
age, infirmity or disablement, F)ovety 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 Director's Report) (continued)
Year ended 28 February 2025
Achievements and performance
The year 2024-2025 proved exceptionally challenging from an economic perspective. Ongoing global
uncertainty, rising inflation, and increasing operational costs placed considerable pressure on our
community. Despite these difficulties, TIDAL continued to deliver vital services and supports which
were more valued than ever by local residents.
Community Support and Social Impact
Our Weekly Seniors Meals initiative remained a lifeline for many older people in the community,
offering both nutritional support and social connection during a time of heightened hardship. We also
successfully secured funding to assist low-income families with their energy bills via Bryson Charitable
Group, providing critical relief as househo5d costs continued to rise. The Pre-Loved School Uniform
Scheme again demonstrated its importance within the community. Demand grew significantly, with
families increasingly relying on the scheme to access affordable. good-quality uniforms while also
reducing textile waste. We intend to expand this programme further in the coming year, broadening
the number of schools included and extending its environmental and social benefits.
Partnerships and Local Events
Our partnership with Antrim and Newtownabbey Borough Council {ANBC) remained strong throughout
the year. Their support with venue insurance and funding for our major annual events, the historic
Toome Fair and the Christmas Event, has been instrumental to their continued success. Both events
have grown in popularity, attracting increasing numbers of visitors and contribLtting positively to local
tourism and business growth.
Lock Keepers Cottage and Local Tourism
The Lock Keepers Cottage continues to be a source of pride for TIDAL and the community. Footfall
and turnover increased steadily throughout the year, reinforcing its role as a key visitor attraction.
While the Canal Walk has been impacted by the presence of green algae, it still remains a valued
asset for both tourists and local residents.
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 were able to restrict the financial outcome for the
period to a net decrease of £46,536 (2024= £16,714), leaving the total funds at £1,041,200 {2024.'
£1,087,805} Its success in obtaining new funding for 2025126 from Antrim & Newtownabbey
Borough Council will 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 & Newtownabbey 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 retained in reserves each year.

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) {¢ontinuedJ
Year ended 28 February 2025
Plans for future periods
Plans and Development for the Coming Year
Looking ahead, TIDAL plans to further enhance its sustsinability and service offering through a
planned kitchen extension. This expansion will enable us to broaden our menu, extend opening hours,
including evenings, and ultimately create additional employment opportunities for the area. We are
p5eased to report that a grant of £25,000 has been secured from ANBC, and we estimate that an
additional £75,000 in match funding will be required to initiate the project.
Health, Wellbeing and Community Safety
The Pain Programme continued to grow in response to increased demand, supported by the Healthy
Living Alliance and strengthened through the expansion of the local Doctor's Surgery.
Local volunteers also remained active in maintaining the Speed Indicator Device {SIDI, with Tidal
ensuring it was regularly charged and that relevant information was communicated to the PSNI. This
initiative has contributed to ongoing improvements in road safety within the area.
Environmental and Educational Engagement
Our Community Garden continued to flourish, with increasing engagement from local businesses
commissioning window boxes and landscaping services. Several local schools also visited the garden
for sensory learning experiences and outdoor education.
Community Wellbeing and Local Development
Due to TIDAL'S continued presence and positive community programmes, anti-social behaviour in the
area has remained at an all-time low. This has contributed to increased investment in local housing,
with several new developments underway. However, this growth has begun to place pressure on local
infrastructure, particularly sewage systems, highlighting the need for continued advocacy and
community planning.
Governance and Organisational Sustainability
One of the key challenges identified for the coming year is succession planning and strengthening
staff management structures. This will be essential to ensure the long-term sustainability of the
organisation and to enable Tidal to continue at its full potential. The need for improved governance
resilience was emphasised by the re￿nt period of ill health experienced by the Company Secretary.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to
the small companies exemption.
The trustees, annual report was approved on 25 February 2026 and signed on behalf of the board of
trustees by=
Mr Henry Marron {Treasurer)
Trustee
Mrs Una Johnston
Charity Secretary

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Toomebridge Industrial
Development Amenities and Leisure Limited
Year ended 28 February 2025
I report to the trustees on my examination of the financial statements of Toomebridge Industrial
Development Amenities and Leisure Limited ('the charity,) for the year ended 28 February 2025.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company lawl you are
responsible for the preparation of the financial statements in accordance with the requirements of
Charities Act (Northern Ireland) 2008 (the '2008 Act,) and the Companies Act 2006 ('the 2006 Act'i.
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 carrying out my
examination I have followed the general Directions given by the Charity Commission for Northern
IreSand under section 65{9)(b) of the 2008 Act.
Independent examinerfs 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 with the accounting requirements of section 396 of
the 2006 Act other than any requirement that the accounts give a 'true and fairf view which
is not a matter considered as part of an independent examination., or
the financial statements have not been prepared in accordance with the methods and
principles of the Statement of Recommended Practice for accounting and reporting by
charities applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021.

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 (continued)
Year ended 28 February 2025
I 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.
S O'Neill & Company
Independent Examiner
14 Main Street
Toomebridge
Co. Antrim
Northern Ireland
BT413TQ
25 February 2026

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 28 February 2025
2025
Restricted
funds Total funds Total funds
2024
Unrestricted
funds
Note
Income and endowments
Donations and legacies
Charitable activities
Other income
2,625
142,599
73,151
38,752
41,377
142,599
73,151
71,131
115,295
75,657
Total income
218,375
38.752
257,127
262,083
Expenditure
Expenditure on raising funds=
Costs of other trading activities
Expenditure on charitable activities
Total expenditure
111,889
131,932
111,889
191,774
99,933
178,864
9.10
59,842
243,821
59,842
303,663
278,797
Net expenditure
(25,446)
(21,090)
(46,536)
(16,7141
Transfers between funds
4,830
(4,830)
Other recognised gains and losses
Gainsl{losses) from revaluation of fixed
assets
{69)
(20,685)
(69)
(69)
(16,783)
Net movement in funds
(25,9201
(46,605)
Reconciliation of funds
Total funds brought forward
Total funds carried forward
645,956
441,849
415,929
1,087,805
1,041,200
1,104,588
625,271
1,087,805
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 fomi part of these financial statements.

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Statement of Financial Position
28 February 2025
2025
2024
Note
Fixed assets
Tangible fixed assets
Heritage assets
18
19
991,774
126,143
1,117,917
1,004,324
126,143
1,130,467
Current assets
Debtors
Cash at bank and in hand
20
47,619
7,783
21,953
42,264
64,217
55,402
Creditors: amounts falling due within one year
Net current liabilities
21
69,023
106,879
13,621
1,104,298
42,662
Total assets less current liabilities
Creditors: amounts falling due after more than
One year
1,087,805
22
63,096
Net assets
1,041,200
1,087,805
Funds of the charity
Restricted funds
Unrestricted funds.
Revaluation reserve
Other unrestricted income funds
415,929
441,849
2,052
623,219
2,121
643,835
Total unrestricted funds
625,271
645,956
Total charity funds
1,041,200
1,087,805
For the year ending 28 February 2025 the charity was entitled to exemption from audit under section
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 with section 476.,
The directors 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 with 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 fomi part of these financial statements.

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Statsment of Financial Position (continued)
28 February 2025
These financial statements were approved by the board of trustees and authorised for issue on 25
February 2026, and are signed on behalf of the board by".
Mr Henry Marron (Treasurer)
Trustee
The notes on pages 11 to 22 fom part of these financial ststements.

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
ststement of Cash Flows
Year ended 28 February 2025
2025
2024
Cash flows from operating activities
Net expenditure
(46,536
(16,714}
Adjustments for..
Depreciation of tangible fixed assets
Government grant income
Accrued expenses
16,723
(26,866)
4,186
27,687
(19,653)
1,934
Changes in..
Trade and other debtors
Trade and other creditors
(25,666)
22,852
10,394
(1 ,428)
Cash generated from operations
Net cash {used in}Ifrom operating activities
(55,307)
{55,3071
2,220
2,220
Cash flows from investing activities
Purchase of tangible assets
Net cash used in investing activities
14.241)
(4,241)
{74,980)
(74,9801
Cash flows from financing activities
Proceeds from borrowings
Government grant income
Net cash from financing activities
(1,800)
26,866
76,388
19,653
25,066
96,041
Net (decrease}lincrease in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
{34,482)
42,265
7,783
23,281
18,984
42,265
The notes on page$ 11 to 22 fomi part of these financial statements.
10-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 28 February 2025
General inforniation
The Charity is a public benefit entity and a private company limited by guarantee, registered in
Northern Ireland and a registered charity in Northern Ireland. The address of the registered office
is Toome House, 55 Main Street, Toomebridge, Co Antrim, BT413TF.
statement of complÉance
These financial statements have been prepared in compliance with 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} (Charities
SORP {FRS 102)) and the Companies Act 2006.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain tangible fixed assets and, where applicable, financial assets and liabilities
measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material Un￿rtaIntieS 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 circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal. and fall into one of 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 28 February 2025
Accounting policies (continued)
Incoming resources
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 partiCLblar 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 measured 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, iri which case the value is derived 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 with the delivery of the
contracted seNice. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned 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. Expenditure 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 charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance 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 reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
be￿een the activities they contribute 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.
Contributions from tenants and third parties are not reflected in the Charity's asset value.
Land and buildTngs
Freehold land and buildings are subsequently stated at revalued amounts, being fair value at the
date of revaluation less subsequent depreciation on buildings and impairment losses.
12-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 28 February 2025
Accounting policies (continued)
RevalLrations are carried out by independent professionally qualified valuers at intervals when the
Trustees consider that fair values have moved materially from carrying amounts.
Revaluation surpluses are credited to a revaluation reserve within unrestricted funds, except to
the extent that they reverse a revaluation deficit previously recognised in expenditure.
Revaluation deficits that exceed any existing revaluation reserve in respect of the same asset are
recognised as expenditure in the Statement of Financial Activities.
Depreciation on buildings, including any element of revalued amount, is charged on a straight
line basis over their estimated useful economic lives. Land is not depreciated
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
propety
Straight line over 35 years less residual value
20 % straight Line
20 % Straight Line
Straight line over 35 years less residual value
Heritage assets
The charity holds heritage 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.
Where heritage assets were acquired in past accounting periods and not capitali5ed, 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 ber)efit 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 depreciation 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 received.
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 performance-related conditions on the recipient, it is
recognised in income only when the performance-related conditions have been met. Where
grants received are prior to satisfying the revenue recognition criteria, they are recognised as a
liability.
13-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 28 February 2025
Limited by guarantee
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 charitable 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.
Donations and legacies
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Donations
Donations
625
625
Grants
Enkalon
Housing Executive
Saint Vincent De Paul
Empower
Pain Programme
CDHN- Tiny Steps
Social Prescribing Project
Big Lottery Grants
Government grant income
4,968
1,050
500
400
4,968
1,050
500
400
6,968
24,866
6,968
26,866
41,377
2,000
2,625
38,752
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Donations
Donations
Grants
Enkalon
Housing Executive
Saint Vincent De Paul
Empower
Pain Programme
CDHN - Tiny Steps
Social Prescribing 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
14-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 28 February 2025
Charitable activities
Unrestricted Totsl Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Lock Keepers Cottage Income
Duneane Garden income
Oil Club Membership
Halloween Function Income
Festival Income
121,916
18,376
740
1.042
525
121,916
18,376
740
1,042
525
102,762
12,528
102,762
12,528
142,599
142.599
115,295
115,295
Other income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Rental income
Room hire
Toome Fair
68,537
3,264
1,350
68,537
3,264
1,350
71,803
2,187
1,667
71,803
2,187
1,667
73,151
73,151
75,657
75,657
Costs of other trading activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Costs of other trading activities - Lock
Keepers Cottage
111,889
111,889
99,933
99,933
Expenditure on charitable activities by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Antrim & Newtownabbey Borough Council Projects
NIHE - CFM Digi Drawing Course
Big Lottery
Empower grant
Tiny Steps
Duneane Allotment Garden
Social Prescribing Project
Pain Programme
ARN - Community Foundation
Saint Vincent De Paul
Support costs
1,278
25,587
3,211
9,613
295
7,453
26,865
3,211
9,613
295
7,453
25,096
25,096
1,051
12,632
1,051
118,190
105,558
131,932
59,842
191,774
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Antrim & Newtownabbey Borough Council Projects
NIHE - CFM Digi Drawing course
Big Lottery
556
14,251
14,807
18,259
18,259
15-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 28 February 2025
Expenditure on charitable activities by fund type continued
Empower grant
Tiny Steps
Duneane Allotment Garden
Social Proscribing Project
Pain Programme
ARN - Community Foundation
Saint Vincent De Paul
Support costs
266
266
13,895
6,500
2,940
4,312
13,895
6,500
1,300
3,953
1,640
359
101,153
16,732
117,885
117,603
61,261
178,864
10. Expenditure on charitable activities by activity type
Grant funding
of activities Support costs
Total funds
2025
Total fund
2024
Administration expenses
Antrim & Newtownabbey Borough
Council
NIHE - CFM Digi Drawing Course
Big Lottery
Empower grant
Tiny Steps
Duneane Allotment Garden
Social Prescribing
Pain Programme
ARN - Community Foundation
Saint Vincent De Paul
118,190
118,190
117,885
26,866
3,211
9,613
295
7.453
25.096
26,866
3,211
9,613
295
7,453
25,096
14,805
18,259
266
13,895
6,500
2,940
4,314
1,050
1,050
73,584
118,190
191,774
178,864
11. Analysis of support Costs
Total 2025 Total 2024
Staff costs
Premises
Communications and IT
General office
Finance costs
Governance costs
Depreciation
Travel and entertainment
Subscriptions
Donations
Bad debts wloff
62,223
10,317
4,888
1,263
4,803
15,172
16,721
2,118
585
100
51,963
12,438
4,867
2,622
60
12,288
27,689
4,099
1,080
779
118,190
117,885
16

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 28 February 2025
12. Analysis of grants
2025
2024
Grants Expenditure
Grants expenditure
Total grants
47,210
47,210
44,529
44,529
13. Net expenditure
Net expenditure is stated after chargingllcrediting}:
2025
2024
Depreciation of tangible fixed assets
Operating lease rentals
14. Independent examination fees
16,803
100
27,687
100
2025
2024
Fees payable to the independent examiner for-.
Independent examination of the financial statements
Other financial services
4,180
8,507
3,980
6,629
12,687
10,609
15. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows=
2025
2024
Wages and salaries
Social security costs
Office Casual wages
146,030
4,234
200
128,955
2,743
150,464
131,698
The average head count of employees during the year was 1212024.. 13). The average number
of full-time equivalent employees during the year is analysed as follows..
2025
2024
Office staff
Cleaner
Lock Keepers Cottage staff
12
13
No employee received employee benefits of more than £60,000 during the year (2024.. 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
17-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Ststements (continued)
Year ended 28 February 2025
17. Transfers between funds
The following grants were received for restricted projects, and have been utilised against specific
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
offset these project expenses, with the remainder to be utilised by the charity as they see fit.
2025
Antrim & Newtownabbey Borough Council
ARN - Community Foundation
CDHN - Tiny Steps
NIHE- CFM Nl- Digi Drawing Course
Total
185
45
4,100
500
4,830
18. Tangible fixed assets
Improvement
to Leasehold
Propety
Land and Fixtures and
buildings
fittings
Equipment
Total
Cost
At l March 2024
Additions
871,004
1,800
29,206
941
177,241
177,080
1,500
1,254,531
4,241
At 28 February 2025
Depreciation
At 1 March 2024
Charge for the year
Revaluations
872,804
30,147
177,241
178,580
1,258,772
31,920
25,618
1,237
149,390
8,636
43,279
6,850
250,207
16,723
68
68
At 28 February 2025
Carrying amount
At 28 February 2025
At 29 February 2024
31,988
26.855
158,026
50,129
266,998
840,816
3,292
3,588
19,215
128,451
991,774
1,004,324
839.084
27,851
133,801
18-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements (Continued)
Year ended 28 February 2025
18. Tangible fixed assets (continued)
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°/o by a grant secured independently by the tenant and paid
directly to them. Only the charity's direct contribution of £1.800 12024.. £74,980) as at 28
February 2025 has been capitalised as an addition to tangible fixed assets. The extension
forms part of the charity's property. 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.
Improvements to leasehold property relates to capital expenditure on the Lock Keepers Cottage
and Duneane Garden Allotment. These properties are held under lease from Waterways Ireland
and Down & Connor Diocese respectively. A lease payment of £100 per annum is paid to
Waterways 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.
A further valuation of the buildings was obtained after the year end, details of which are given in
Note 29 to the financial statements.
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 2024 and 28 February 2025
Accumulated depreciation
At 1 March 2024 and 28 February 2025
Carrying amount
At 28 February 2025
At 29 February 2024
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.
19-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements (Continued)
Year ended 28 February 2025
20. Debtors
2025
2024
Trade debtors
Prepayments and accrued income
Other debtors
8,159
3,441
36,019
5,380
3,520
13,053
47,619
21,953
21. Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
Trade creditors
Accruals and deferred income
Social security and other taxes
Other creditors
11,491
21,145
18,972
6,276
11,139
76,388
6,079
14,786
5,192
4,434
69,023
106,879
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 bridging loan was repaid on 18
June 2024 by way of a bank loan amounting to £77,658.57 leaving a balance of £74,587.
22. Creditors: amount falling due after more than one year
2025
2024
Bank loans and overdrafts
63,096
23. Government grants
The amounts recognised in the financial statements for government grants are as follows..
2025
2024
Recognised in income from donations and legacies:
Government grants income
26,866
19,653
-20-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 28 February 2025
24. Analysis of charitable funds
The revaluation reserve represents the unrealised surplus arising on the revaluation of the
Toome House building in August 2020, net of amounts released to the Statement of Financial
Activities through depreciation.
Unrestricted funds
At
1 Mar 2024
Gains and
At
losses 28 Feb 2025
Income Expenditure
Transfers
General funds
Revaluation
reserve
643,835
218,375
{243,821)
4,830
623,219
2,121
{69)
{69)
2,052
645,956
218,375
{243,821)
4,830
625,271
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)
2,121
665,702
193,655
(217,536)
4,204
{69)
645,956
Restricted funds
At
1 Mar 2024
Gains and
At
losses 28 Feb 2025
Income Expenditure
Transfers
Property
441,849
38,752
(59,842)
{4,830}
415,929
At
1 Mar 2023
Gains and
At
losses 29 Feb 2024
Income Expenditure
Transfers
Property
438.886
68,428
(61,261)
{4,2041
441,849
-21

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 28 February 2025
25. Analysis of net assets between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Tangible fixed assets
Heritage assets
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
757,773
234,001
126,143
55,785
991,774
126,143
55,402
(69,0231
(63,0961
1,041,200
(383}
(69,023)
(63,096)
625,271
415,929
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Heritage assets
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
757,691
246,633
126,143
69,073
1,004,324
126,143
64,217
(106,879}
{4,856)
{106,879}
645,956
441,849
1,087,805
26. Analysis of changes in net debt
At
At 1 Mar 2024 Cash flows 28 Feb 2025
Cash at bank and in hand
Debt due within one year
Debt due after one year
42,265
(76,388)
(34,482)
7,783
64,897
(11,4911
(63,0961
(63,0961
(34,1231
{32,681)
(66,8041
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 bridging loan was repaid on 18
June 2024 by way of a bank loan amounting to £77,658.57 leaving a balance of £74,587. This
loan is covered by an existing 'AII Monies Charge, from Danske Bank, that was registered with
Companies House on 7 March 2000.
27. Related parties
None of the Trustees have been paid any remuneration or received any other benefits from an
employment with the Charity or a related party during the year.
No Trustee expenses have been incurred during the year.
-22-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Financial Statements (Continued)
Year ended 28 February 2025
28. Off Balance Sheet arrangements
An extension to the surgery was constructed on this propety. The total extension was funded by
13.28 /D by the Charity and 87.72°/o by a grant secured independently by the tenant and paid
directly to them. Only the charity's direct contribution of £76.780 12024.. £74,980} has been
capitalised as an addition to tangible fixed assets. The extension forms part of the charity's
property, 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
A further valuation of the buildings was obtained after the year end, details of which are given in
Note 29 to the financial statements.
29. Events after the reporting date
Subsequent to the year end, on 30 November 2025, the Charity obtained an independent
professional valuation of its freehold land and buildings at Toome House. The valuer assessed
the fair value of the property at £928,360, based on rental agreements and market evidence as
at 31 March 2025.
The carrying amount of the Charity's freehold land and buildings at 28 February 2025 was
£840,816. The valuers, assessment therefore indicates an increase in value of £87,544
compared with this carrying amount.
As the valuation reflects rental and market conditions arising after the reporting date, it has been
treated as a non-adjusting event under FRS 102 section 32 No adjustment has been made to
the carrying amount of land and buildings in these financial statements. The Trustees will
consider this valuation in determining the carrying value of land and buildings in the financial
statements for the year ended 28 February 2026.
-22-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Management Information
Year ended 28 February 2025
The following pages do not forni part of the financial statements.
-23-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 28 February 2025
2025
2024
Income and endowments
Donations and legacies
Donations
Enkalon
Housing Executive
Saint Vincent De Paul
Empower
Pain Programme
CDHN- Tiny Steps
Social Prescribing Project
Big Lottery Grants
Antrim & Newtownabbey Borough Council
625
2,000
4,968
1,050
500
400
6,600
12,000
9,974
20,904
19,653
6,968
26,866
41,377
71,131
Charitable activities
Lock Keepers Cottage Income
Duneane Garden income
Oil Club Membership
Halloween Function Income
Festival In¢ome
121,916
18,376
740
1,042
525
102,762
12,528
142,599
115,295
Other income
Rental income
Room hire
Toome Fair
68,537
3,264
1,350
71,803
2,187
1,667
75,657
73,151
Total income
257,127
262,083
-24-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Detailed Statement of Financial Activities (continued)
Year ended 28 February 2025
2025
2024
Expenditure
Costs of Lock Keepers Cottage trading activities
Purchases
Wages and salaries
Employer's NIC
Operating leases
Rates and water
Light and heat
Repairs and maintenance
Motor vehicle expenses
Other office costs
Card machine service charge
Advertising
Volunteers Treat
Casual Wages
General expenses
34,948
61,634
1,459
100
91
2,903
3.902
102
28
897
105
29,944
56,744
909
100
87
3,214
1,888
90
19
2,363
223
94
4,059
199
4,830
890
111,889
99,933
Expenditure on charitable activities
Duneane Garden Purchases
Office Wages and salaries
Duneane Garden wages and salaries
Employer's NIC
Casual wages
Rates and water
Light and heat
Repairs and maintenance
Insurance
Duneane Garden light and heat
Sundry 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
Subscriptions
Bad debts written off
Donations
9,547
60,009
12,823
2,775
200
1,265
5,434
4,535
598
(221)
755
189
513
12,687
3,885
254
16,790
(69)
48,488
1,453
2,118
16
585
10,329
50,270
18,259
1,834
582
4,521
2,752
6,356
800
1,902
969
10,609
3,308
294
27,756
1691
28,825
1,559
4,105
60
1,081
780
100
Carried forward
184,729
176,882
-25-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Detailed Ststement of Financial Activities (continue(Q
Year ended 28 February 2025
2025
2024
Brought forward
184,729
176,882
Staff training costs
Advertising
Toome Fair expenses
Artisan Market expenses
Bank I nterest
Loan interest paid
Duneane Garden Volunteer Celebration
25
350
12
882
250
1,960
4,787
19
710
28
191,774
178,864
Total expenditure
303,663
278,797
Net expenditure
{46,536>
{16,714)
-26-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Detailed Ststement of Financial Activities
Year ended 28 February 2025
2025
2024
Costs of other trading activities
Costs of other trading activities - Lock Keepers Cottage
Lock Keepers Cottage purchases
Lock Keepers Cottage wages and salaries
Lock Keepers cottage employerfs NIC
Lock Keepers Cottage premises lease
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 service charge
Lock Keepers Cottage advertising
Lock keepers Cottage subscriptions
Lock Keepers Cottage casual wages
Lock Keepers Cottage general expenses
34,948
61,634
1,459
100
91
2,903
3,902
102
28
897
105
29,944
56,744
909
100
87
3,214
1,888
90
19
2,363
223
94
4,059
199
4,830
890
111,889
99,933
Costs of other trading activities
111,889
99,933
-27-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Detsiled Ststement of Financial Activities (continued)
Year ended 28 February 2025
2025
2024
Expenditure on charitsble activities
Support costs
Wages and salaries
Employer's NIC
Casual wages
Staff training
Rates and water rates
Light and heat
Repairs and maintenance
Insurance
Sundry expenses
Legal and professional fees
Bank charges
Accountancy fees
Telephone
Printing, postage and stationery
Depreciation
Advertising
Computer expenses
Toome fair expenses
PAYE Interest
Motor expenses
Subscriptions
Travelling
Artisan Market expenses
Donations
Bad debt write offs
Bank interest
Loan interest paid
60,009
1,990
200
24
187
5,434
4,099
598
755
11
513
12,687
3,435
254
16,721
50,270
1,343
350
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
1,453
16
2,118
585
250
100
780
710
1,960
4,787
118,190
117,885
AntrTm & Newtownabbey Borough Council
Grant funding activities
ANBC - Seniors Christmas Dinner Event & Christmas Lights
ANBC - Community festival expenses
ANBC - Speed Indicator Device expenses
ANBC - Toome Premises and Programmes grant expenditure
ANBC - Warm Wishes Winter Feast expenses
ANBC - Warm, Well & Connected
ANBC - School Uniforms
ANBC - FestivallFunday expense
ANBC - Halloween expenses
ANBC - Northern Healthy Lifestyles expenses
1,561
10,377
354
12,837
500
902
201
80
54
2,321
1,055
116
198
8,634
2,381
300
Carried forward
26,866
14,805
28-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities (continued)
Year ended 28 February 2025
2025
2024
Brought fO￿ard
26,866
14,805
26,866
14,805
CFM grant
Grant funding activities
CFM Grant expenditure
3,211
Big Lottery grant
Grant funding activities
Big Lottery grant expenditure
Empower grant
Grant funding activities
Empower grant expenditure
Tiny Steps
Grant funding activities
Tiny Steps expenses
Duneane Allotment Garden
Grant funding activities
Duneane Garden purchases
Duneane Garden wageslsalaries
Duneane Garden employer's NIC
Duneane Garden rates and water rates
Duneane Garden repairs & maintenance
Duneane Garden light and heat
Duneane Garden motor vehicle expenses
Duneane Garden legal and professional fees
Duneane Garden telephone
Duneane Allotment Garden expenses
Duneane Garden volunteer celebration
9,613
18,259
295
7,453
266
9,547
12,823
785
1.078
437
(221)
10,329
{11
491
494
1,279
800
178
450
468
29
19
25,096
13,895
Saint Vincent De Paul
Grant funding activities
Saint Vincent De Paul expenses
1,050
other
Grant funding activities
Social Prescribing project expenses
Pain Program expenses
ARN - Community Foundation expenses
6,500
2,940
4,314
13,754
-29-

Toomebridge Industrial Development Amenities and Leisure
Limited
Company Limited by Guarantee
Notes to the Detailed Ststement of Financial Activities (eondnued)
Year ended 28 February 2025
2025
2024
Expenditure on charitable activities
191,774
178,864
-30-