Rasharkin Community Centre Ltd Company Limited by Guarantee Trustee's Annual Report (including Directors' Report) For The Year Ended March 31st 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 March 31st 2025.
Reference and administrative details
Registered charity name Rasharkin Community Centre Ltd Charity registration number NIC100701 Company registration number NI623164 Principal office and registered office 19 Carnfinton Park Rasharkin Ballymena BT44 8SA Directors and Trustees Kathleen Darragh Sean Hanna Sabrina Donnelly - Resigned 02.02.2026 Cormac McQuillan - Resigned 03.11.2025 Jacqueline Darragh - Appointed 03.11.2025
Accountants
MKP Accountants Ltd 2nd Floor Gortalowry House 94 Church Street Cookstown BT80 8HX
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Rasharkin Community Centre Ltd Company Limited by Guarantee Trustee's Annual Report (including Directors' Report) For The Year Ended March 31st 2025
Structure, governance and management
Governing document
Rasharkin Community Centre Ltd is a charitable company limited by guarantee, incorporated on March 3rd 2014 and registered as a charity with the Northern Ireland Charity Commission on January 14th 2015 Charity No: NIC 100701. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.
Objectives and activities
In shaping our objectives for the year and planning our activities, the trustees have considered the Charity Commission guidance on public benefit.
Purpose of Rasharkin Community Centre Ltd
To promote the benefit of the inhabitants of Rasharkin and its environs (the 'area of benefit') without distinction of gender, sexual orientation, age, race, ethnicity, political, religious or other opinion by associating with the statutory authorities, voluntary and community organisations and inhabitants in a common effort to:-
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a promote community development by providing facilities for community and voluntary groups and organisations and encouraging such organisations to co-operate to achieve their aims;
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b provide facilities in the interests of social welfare for recreation and other leisure time occupations with the object of improving the conditions of life for the said residents;
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c relieve those in need by reason of youth, age, ill-health, disability or other disadvantage;
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d advance education and training and the arts and culture;
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e promote amateur sport and participation in healthy recreation;
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f advance environmental protection and improvement and improve or provide public amenities;
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g promote good community relations and social cohesion, racial harmony, equality and diversity.
Achievements and performance
Rasharkin Community Centre Ltd has now recovered from the Covid-19 period. We have cooperated and organised with local health centre to provide food and entertainment in order achieve high attendance levels of vulnerable adults along with a luncheon club and warm hubs to provide access for multi agencies to interact with these adults. A lot of sports clubs have started using the centre for their activities. We have worked alongside the 2 primary schools in the area to provide joint education using both the centre and our new allotments. We hope to establish a children's autism group to help support the children and families in the coming year.
Financial review
Total incoming resources amounted to £7,542 (2024 - £16,644) and after deducting total resources expended of £6,388 (2024 - £3,824) net incoming resources amounted to £1,154 (2024 - £12,820).
At the year end restricted funds amounted to £9,289 (2024 - £10,954) and unrestricted funds amounted to £22,016 (2024 - £19,197).
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Rasharkin Community Centre Ltd Company Limited by Guarantee Trustee's Annual Report (including Directors' Report) For The Year Ended March 31st 2025
Reserves policy and going concern
Reserves are needed to bridge the timing gap between spending and receiving of income and to cover unplanned temporary shortfalls in income should they arise. Holding adequate reserves safeguards the provision of our services in the event of unexpected significant financial pressures. The Trustees consider the ideal level of resources to be between 3-6 months expenditure, which for the year ended March 31st 2025 would be between £1,597 - £3,194.
Unrestricted reserves freely available to spend amounted to £22,016. The Trustees believe this represents a sufficient level of reserves to ensure that the going concern assumption is appropriate. They also hope to use these reserves as a deposit for an extension to the community centre hall if a funder for the project can be found.
Trustees' responsibilities statement
The Trustees are responsible for preparing the Trustees' Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year. In preparing these accounts, the Trustees are required to:-
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select suitable accounting policies and then apply them consistently;
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observe the methods and principals in the Statement of Recommended Practice Accounting and Reporting by Charities;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and
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prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company provisions
This report has been prepared in accordance with the provisions applicable to the companies entitled to the small companies exemption.
The trustees' annual report was approved on April 27th 2026 and signed on behalf of the board of trustees by:-
Sean Hanna Trustee
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