Company registva&ion number: N1066287 Coone0n•n1an Community Development Association Company Ilmited by guarantee Unaudlted financial statements 30 Sept•mber 2025
Cooneenlcoonlan Community Development Association Company limited by guarantee Contents Page Directors and other infomiation Directors port Accountants report Statement of comprehensNe income ststement of financial position Statement of changes in equity Ngtes to the financial statements 8-11
Cooneenlcoonlan Communlty Development Associtslion Company limited by guarantee Dlrectors and other infomiation Directors Mr Barry Boyle Mr Hugh Boyle Cllr Shearnu5 Greene Mrs Kathleen Haren Mr John James M¢Donnell Mr Philip McDonnell Mr James McQuaid Mrs Sarah Elizabeth Kyle Mr James Patrick Boyle Secrètary John James M¢Oonnell Company number N1066287 Rggisternd office 10 Mullaghfad Road CooEieen Brookeborough Co Fem)anagh BT75 ONL Business addre*s 10 Mullaghfad Road Cooneen Brookeborough Co. Fermanagh BT75 ONL Accountants Crudden Dolan Limited 23-25 Darfing Stt Eniiiskillen Co. Fermanagh BT74 7DP Bankers Danske eank PO BOA 183 Donegall Square West Belfast BT16JS Pagg 1
Cooneenlcoonlan Communlty Developrnsnt Associatlon Company limited by guarantee DIrectO report Y•ar ended 30 September 2025 The directors present their report and the unaudtted financial statements of the company for the year ended 30 September 2025. Directors The directors who Seed the Company during the year were as follows.. Mr Barry Boyle Mr Hugh Boyle Cllr sIamus Greene Mrs Kathleen Haren Mr John James McDonnell Mr Philip Mcgonnell Mr James McQuaid Mrs Sarah Elizabeth Kyle Mr James Patrick Boy Small company provisions This report has been prepared in accordance vAth the provisions applicable to companies entiued to the small companies exempts"on. This report was approved by the board of directors on 25 June 2026 and signed on behalf of the board by.. Mr Barry Boyle Director Page 2
Cooneenlcoonian Communrty Developrnent A55v¢iatlon Company Ilmited by guarantee Report to tho board of directots on the preparation of the unaudited ststulory financial statements of Cooneenlcoonian Communlty Development Assoclatlon Year ended 30 Septembèr 2025 In order to asslst you to fulfil your dLrties vnder the Companies Act 2006, we have prepared for your approval the financial statements of Cooneenlcoonian Community Development Associats'on for the Yar ended 30 September 2025 which Gomprise the statement of comprehensive income, statement of finanGial position, statement of changes in equity and related notes from the companys accounts.ng records and from informalvJn and explanations you have given us. As a practising member firm of Chartered Accountants Ireland we are subject to its ethical and other professional requirements which are detailed al www.charteredaccountants.ie. This report is made Solely lo the board of directors of Cooneenlcoonian Coiiimunty Development Association, as d body, in aCordance with the terms of our engagemeiit letter. Our work has been undertaken solely lo prepare for your approval the financial statements of Cooneenlcoonian Community Development ASSatIOn and stste those matr. Ihat we have agreed to stsla to the board of directors n! Cooneenlcoonian Com4nity Development Association as a body, in this report Iii accordance with the requirements of Chartered Accountants Ireland as detailed at MMM.charteredaccountanls.ie. To the fullest extent perMed by law, we do not accept or assLtme responsibilty to anyone other than Cooneenlcoonian Community Development Association and its board of directors as a body for our work or for this report. It is your duty to ensure that C¢JoneenlCoonian Commun1 Development Association has kept adequate accounting records and to prepare statutory financial stalernents that give a true and fair view of the assets, liabilities, financial position and profrt of Cooneenlcoonian Community Development Association. YOJ consider that Cooneenlcoonian Community Development AssocL3tion is exempt from the statutory audit requirement for the year. We have not been instructed to cary out an audit or a revEw of the financial statements of Cooneenlcoonian Communty Development Association. For this reason, we have not verified the accLJracy or completeness of the accounting records Dr information and explandtions you have given lo us and we do not, therefore, express any opinion on the statulory financial slatemenls. Crudden Dolan Limited Chartered Accoiintants & Registered Audilgrs 23-25 Dading Slreet Enniskillen Co. Femianagh 8TT4 7DP 25 June 2026 Page 3
Cooneenlcoonlan Community D8VelopMent.s0ClaIion Company limited by guarantee statement of comprehensivo Income Year ended 30 SoptembeT 2025 2025 2024 Not6 Turnover Cost of sales Administrative expenses 8,606 7,829 {5.2431 (8,3401 Operating profiV(loss) 3,363 (5111 Prof(108$) before taxation 3,363 {511) Tax on profitl(loss) ProflV(lossl for the flnanclal year and total comprehensive Income 3,363 (511) All the activities of the company are from continuing operations. The Trotes on pag 8 to 11 form part of these flnancial statements. Page 4
Cooneenlcoonian Community Development Association Company Ilmited by guaranlee Statement of financlal position 30 September 2025 2025 2024 Note Fixed assets Tangible assets 206.503 206,325 206,503 206.325 Cuiront assets Cash at bank and in hand 22,766 19,581 22,766 19,581 Creditots: amounts falling due within one year 1300) 13001 Net current assets 22.466 19.281 Total assets less current liabilities 228,969 225,606 Nèt assets 228,969 225,606 Capltal and resorves Revaluation reserve Profit and loss account 194,282 34,687 194,282 31,324 Members funds 228,969 225,606 For the year ending 30 September 2025 the company ivas entitled to exempb.on from aiidit under section 477 of the Companies Act 2006 relating le small compariies. Directors responsibilities.. The member5 have not required the company to obtain an audrt of its financial statements for the year in question In accordance with sectioi 476". Tb.e directors acknowlpdge their responsibilities for complying with the requirements of the Act with respect to accnunting records and the preparation of financial statements. These financial $teMents have been prepared in accordance with the provI¥nS applicable to companies subject to the small companies. wime and in accordance with Section 1A Oi FRS 102 'The Financial Reporting Standard applicablo in the UK and Republi¢ of Ireland,. The notes on pages 8 10 11 forni part of these financial statements. Page S
Cooneenlcoonian Community Developme As¥o¢ialion Company Ilmlted by guarantee Stalement of flnanclal posltion {conllnufjd) 30 Septembèr 2025 These financial statements were approved by the board of directors and authorised for issue on 25 June 2026, and are signed on behalf of the board by: Mr Barry Boyle Director Company registration number." N1066287 The notgs on pages 8 to 11 fomi part of these ftnancial statements. Page 6
Cooneenlcoonian Communlty Developlent Association Company limited bv guarantee Statement of Changes In equity Year endod 30 September 2025 Revaluation reserve Profit and loss aCCnt Total At 1 October 2023 194.282 i1,835 226.117 Profitl(loss} for the year {511) (511) Totsl comprehenipive incom• for the year (511) (511) At 30 Sep:#mber 2024 and q October 2024 194,282 31,324 225,6C ProfiU{lossl for the year 3.363 3.363 Total comprghenstve Incom• for the year 3.363 3,363 At 30 September 2026 194,282 34,687 228,969 Page 7
CooneenlCooDian Community Developm•nt Association Company limlted by guarantee Notss to the financial statements Year ended 30 September 2025 General Information The company is a private company limited by guarantee, registered in Northem Ireland. The address of the registered Dffice is Cooneenlcoonian Community Development A550ciation, 10 Mullaghfad Road, Cooneen, Brookeborough. Co Fermanagh. BT75 ONL. statemont of Gompliance These financial statements have beery prepared in Complian with the provisions of FRS 102, Section 1A. 'The Financial Reporting Standard applicable in the UK and RepLtblic of Ireland.. Accounting policies Basls of preparatlon The finan¢ial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in slerfing. which is the functional currency oi the entity. Turnover Tumover is measured at the fair value of the consideration received or receivable foi goods supplied and services rendered. nel of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods),. the amount of revenue can be measured feliably.. rt is probable that the asscciated economic benefits will flow to the entity.. and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Taxation The taxation expense represents the aggregate amount of current and defetred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, expt to the extpnt that it relates to items recognised in other comprehensive irKoffle or directly in capital aDd reserves. In this case, lax is recognised in other comprehensive i4corne or directly in capital and reserves, respectively. Current tsx is recognised on taxable profit for Ihe vurrent and past peTiods. CuTrenl'2x is measured 21 4he amounts of tax expected to pay or recover using the lax rates and laS that have been enacted or substantively" enacted at the reporting date. Deferred tax is rebognised in respect of all liming dIfferereS ai the reporting date. Unrelieved tax losses end other deferred tax assets are recognised to the extent tlat it is probable that they wll be recciiered against the reversal of deferred lax liabilities or other future taxable profits. Deferred tax is nieasured usir¢g the tax rates and laws that have been enacted or substantively enacted try the reporting de.le 4hal are expected to <ipply to the reversal of the timing difforence. PaAO 8
Cooneenlcoonian Community Development Associatio Company Ilmlted by guarantee Notgs to the flnancial statements (continued) Year ended 30 September 2025 Tangible assets Tangible assets are initially recorded at cost, and are subsequently stated *[ Cost less any accumulated depreciation and impairment losse5. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluatio less any subsequent a¢¢umulated depreciation and subsequent accumulated impairmenl losses. An increase in Ihtr carrying amount of an asset as a result of a revaluation, is recogni¢od in other comprehensive income and accijmulated in caprtal and reserves, except to the extent "rt reverses a revaluation decrease of the same asset previously recognised in profil or loss. A decrease in the carryinn ?mount of an asset as a result of revalu'ation is recognise(l in other comprehensive incA)me lo the exl.-nt of any previously recognised revaluation increase acciimulated in capital and reseNes in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in Ca'tal and resetves in respect of that asset, the excess shall be recognised in profit or loss. Depreciation Depreciation is cakulaled so as to write off the cost or valuation of an asset. less its residual value. over the useful economic lrfe of that asset as follows.. Freehold property Fittings fixtures and equipment Nol depreciated 15% reducing balance If there is an indication that there has been a swnificant change in depreciation rate, usefvl life or residLJal value of tangib assets, the depreciation is revised prospectively lo reflect the new estimates. Impairment A review for indicators of impairment is carried out at each reporting date, with the recoverable amount -eeds the recoverable being estsmaled wlere such indicators exist. Where the carrying value ex- amount, the as¢&t is impaired accordingty. Prior impairments are also review&d for possible reversal at each reporting date. When it is not possiblE lo ests'mate the 0Verable amount of an individual asset, an estimate is made of the recnkerable amoLJnt of the cash-generaling unit lo whh the ass belongs. The cash-9enerating unil is the smallest identifiable group of assets that inclijrtes the asset and generates cash inflows that are largely independent of the cash inftows from uther assets or groups of assets. Page 9
Cooneenlcoonian Community Development Associatio Company limited by guarantee Notes to the ftnancial ststernents leontinued) Year ended 30 September 2025 Flnan¢ial instruments A financial asset or a financial liability is reCOgned only when the company becomes a paty to Ihe ntraclual provisions of the instrument. Basic financial instruments a inltially recognised at the transaction price, unless the arrangement constitutes a financing transaction. where it 15 recognised at the present Value of the future payments discounted at a Imarket rate of interest for a similar deDt instrument. Debt inslrumenls are subsequenuy measured at amortised ¢o5L Where investments in non-converb.ble preference shares and non-puttable ordinary shares or pre!e",-Ice shares are publicly traded or their fair value cah *&leIse be measured reliably, the inveslmep.t is subsequently measured al fair value wlh changes iii fair'ialue recogni5ed in profft or loss. All other such investrnents are subsequently measured - ' cost less impairment. other financial instruments, including derivatives, are initially recognised at fair value. unless payment for an asset is deferred htsyond normal business terms or financed at a rate of inte."-st that is not a marKet rats. in which case the asset is measLtred al the Pfesenl value of the future payments discounted at a market rale of interest for a similar debt instrument. Other financial instruments are subsequendy measured at fair value. with any changes recognised in profit or Ios5, With the eAception of hedging instruments in a designated hedging relaLi)nship. Financial assets that are measured at cost or amortised cost are reviewed for objectThie evidence of imp8imient at the end of each reporting date. If there is objective evidence of impaim1ent, an impairment loss is recognised In profft or loss immediately. For all equty instrumentp regardless of significance, and other financial assets tha. are indivKlually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk Characteris5. Any ieversals of impairment are recognised in profil or loss immediately, to the extent that the reversal does not resLtII in a carrying amount of the financial asset that exceeds what the TryIng amount would have been had the impairment not previousty been recognised. Llmited bv guaraniee The company is lirrited by guarantee and as such does not have a share canjtal. In the event of a winding up the liability of the members is limiled lo £2. Proflvloss before taxation Profitlloss before taxation is ststed aler chargingllcreditingl.. 2025 2024 gepreciation of tsngible assets 596 Page 10
Coongenlcoonlan Community Developmont Association Company limited by guarantee Notes to the flnancial ststements (continued) Year ended 30 Septemb•r 2025 Tangible a$$ets Freehold Fi[e5, property fittings and equipment Total Cost At 1 October 2024 Additions 203,124 19,000 774 222,124 774 At 30 Soplember 2025 203.124 19,774 222,898 Depreciation At 1 October 2024 Cliarge fof the year 15799 596 15,799 596 At 30 S•ptember 2025 16,395 16,395 Carrying amount At 30 S•ptember 2025 203.124 3,379 206,503 At 30 September 2024 203,124 3,201 206,325 Credltors: amounts falling due withln one year 2025 2024 Clther creditors 300 300 Page 11
Coongonlcoonian Community Development Association Cornpany limited by guarantee The followlng pages do not forrn part ol the stalutory accounts.
Cooneenlcoonian CommufjPy Developfflent Association Company limited by guarante2 Detalled Income slatement Year ended 30 September 2025 2025 2024 Turnover Activites for generating funds Grants received 5,651 2,955 7.154 675 8,606 7,829 Gros4P profit 8.606 7,829 Gross profit percentage 100.0% 100.0% Overheads Administrative expenses Water rates Insurance Light and heat Repairs and maintenance Functions and class costs Accountancy fees Bank charges Depreciation of tangible assets {106) (1,75ti) {483) {670) {1,1581 13601 (1141 (5961 (96) {1,732) (778) {2,761) {2,000) {300) {108) {565) (5.243) 18,340) Operating profiU{lossl 3,363 (5111 Operatlng profjullossl percentage 39.1% 6.50 Pn)fiU(lo$s} before taxalion 3,363