COMPANY REGISTRATION NUMBER: N1029070 CHARITY REGISTRATION NUMBER: NIC100722 Annalong Community Development Association Limited Company Limited by Guarantee Unaudited Financial Statements 31 March 2025 PURDY UINN Chartered Accountants 42 Greencastle Street KILKEEL Co Down BT34 4BH
Annalong Community Development Association Limited Company Limited by Guarantee Financial Statements Year ended 31 March 2025 Page Trustees, annual report (incorporating the directorfs report) Independent examinerfs report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial POSFtion Notes to the financial statements 7-12 The followlng pages do not form part of the financial statements Detailed statement of financial activities 14 Notes to the detailed statement of financial activities 15
Annalong Community Development Association Limited Cornpany Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) Year ended 31 March 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 31 March 2025. Reference and administrative details Registered charity name Annalong Community Development Association Limited Charity registratlon number NIC100722 Company registration number N1029070 Principal offl¢e and registered 57 Kilkeel Road office Annalong Newry Co Down BT34 4TJ The trustees Mr D Mccauley Mr S Hughes MrR WH811 Mr J R Pierson (Deceased - 22 April 2024) Independent examiner Una Cunningham Chartered Accountanls in Ireland Purdy Quinn Chartered Accountants 42 Greencastle Street KILKEEL Co Down BT34 4BH Structure, governance and management The charty was originally a community association which was set up as a company limited by guarantee and not having a share capital. The date of incorporation was 21 December 1994. On 24 May 2016 the company was granted charitable status by the Charity Commissioners Northern Ireland with a Northern Ireland Charity number NIC100722. The company is govemed by its Memorandum and Articles of Association. The charity is managed by a Board of Directors. As required on an ad hoc basis, the Board Members are responsible for considering the appointment of potential new Board Members to the Board. Suitable people are approached and rf they are willing to serve on the Board, their nomination is pul forward for approval by the Board. There is no maximum term of office.
Annalong Community Development Association Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (contlnugdj Year ended 31 March 2025 Objectives and activities The charity's objectives are: a) To promote the benefit of the inhabitants of Annalong and District without distinction of sex, race, political. religious or other opinion by associating the statutory authorities, voluntary authorities, voluntary organisations and inhabitants in a common effort to advance employment. environmental regeneration and to provide facilities in the interests of social welfare for recreation and leisure time occupalion with the object of improving the conditions of lrfe for the inhabitants, and fostering peace and reconciliation between the inhabitants of the area and of Northern Ireland. b) to provide with assistance in the areas of employment and environmental regeneration within the area of benefit by means of community environmental schemes, enterprise schemes and the provision of support of faGilities necessary or convenient for the promolion of the objecls of the charity- Achievements and performance The Association manages the large project known as the Coastal Path. In previous years funding was obtained to build and enhance the pathway for Ihe benefit of the community. Ongoing annual maintenance is required. The Association manages the Coastal Path project. Funding was obtained in previous years to build and enhance the pathway for the benefit of the community. Ongoing annual maintenance is required. During the 24125 reporting year the northern palh did require some rebuilding Work due to storm damage costing £9888. A tidy up of plant lrfe was £600 and accessories for the gate closures were £38. A total of £10,526 (2024 - £190). ACDA organised the annual Fireworks Display which takes place at the local harbour. This is a free event which is well attended and appreciated by the community. The cost was £2.500 (2024 - £2500), Two local business groups in the village provided refreshments and sweets to coincide with the display. ACDA Directors agreed to donate £350 to Annalong Community Empowerment who organise a Christmas Lights Festival for the village and to Annalong Community Association for their provision of a Christmas Dinner and entertainment for those of pension age. Both events are well attended and very much appreciated by the communrty. Annalong Football Club have been working for many years towards achieving a pitch and facilities of an acceptable standard to allow them to take part in competition. ACDA have worked with them, offering advice. assisting at meetings with Council and Government Depts. The Club is very much a cross-community club from youth to senior level. ACDA, as we understsnd Ihe costs of planning, agreed to donate £10.000 to the club as they move forward with the project.
Annalong Community Development Association Limited Company Limited by Guarantee Trustees. Annual Report {Incorporating the Directorfs Report) (contlnugd) Year ended 31 March 2025 Achievements and porformancè {continu¢d) In September 2024 ACDA moved £100,000 into a Fixed Term Deposit Account for 1 year and £100.000 into a Fixed Term Deposit Account for six months with Danske Bank. Back in December 2023 it was agreed to make a donation of £300 to Allan Kilgore who had retired as secretsry. The presentation was unfortunately delayed until May 2024. Allan was a founder member of the group and he has been a gem in the ACDA family. His knowledge and dedication freely given to the group was eXptIOnal and definitely not reflected by Ihe donation. In April 2024 our Chairman Dawy Mccauley sadly passed away. A granite seat was erected on Ihe Coastsl Path in Davy's memory. His commitment to ACDA and his drive gets projects carried out especially the Coastal Path was second to none. ACDA took a hard hit by losing these two great members. However. we now have increased our number of committee members and are looking forward again to new projects. Financial review The results forlhe year are set out on page 5 of the accompanying financial statements. The Annalong Community Development Association Limiled's accounts this year are shuwing a deficit of £23,772 (2024- £5,214). Plans for future p8riod8 Reserves Policy The rental business and property known as the Cornmill Quay was sold during the 2020 year, The funds realised have been lodged to a bank Business Investment Account and will be administered by the Trustees. The funds (unrestricted reserves) will be used lo upkeep the Coastal Path and towards other projects for the benefit of the community. At the year-end unrestricted reserves held totalled £229,653 (2024 - £253,425). Small company provisions This report has been prepared in accordance with the provisions applicable to Companies enlitled to the small companies exemption. The trustees. annual report was approved on 5 December 2025 and signed on behalf of the board of trustees by.. Mr S Hughes Trustee J R Pierson ustee
Annalong Community Development Association Limited Company Limited by Guarantee Independent Examinerfs Report to the i rustees of Annalong Community Development Association Limited Year ended 31 March 2025 I report to the trustees on tny examination of the financial statements of Annalong Community Development Association Limited (Ihe charity,) for the year ended 31 March 2025. 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 Ch8rities Act (Northem Ireland} 2008 {the '2008 ACY) and the Companies Act 2006 {'the 2006 Act,). 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 audiled under Part 16 of the 2006 Act and are eligible for independent examination, I report in respecl of my examination of the charity's financial ststements as carried out under section 65 of the 2008 Act. In carrying out my examination I have followed the general Directions given by Ihe Charity Commission for Northem Ireland under section 65(9)(b) of the 2008 Act. Independent examiner's statement I have completed my examination. I confirm that no matters have come to my attenlion 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 ststements do not accord with Ihose records", or the financial statements do not comply with the accounting requiremenls 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 with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charitie5 applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)- 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. 5 December 2025 na Cunningham Chartered Accountants in Ireland Independent Examiner 42 Greencastle Street KILKEEL Co Down BT34 4BH
Annalong Community Development Association Limited Company Limlted by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2025 2025 Unrestricted fvnds Total funds 2024 Total funds Note Income and endowments Investment income Other income 5,113 250 5,113 250 119 Total income 5,363 5.363 119 Expenditure Expenditure on charitable activities Total expenditure 29,135 29,135 5.333 29,135 29,135 5,333 Net expenditure and net movement In funds (23,772) (23,772) (5,214) Reconciliation of funds Total funds brought forw8rd Total funds carrled forward 253.425 253,425 258,639 229,653 229,653 253.425 The statement of financial aclivrties includes all gains and losses recognised in the year. All income and expendilure derive from continuing activities. The notes on pages 7 to 12 form part of thèsè finanGial statements.
Annalong Community Development Association Limited Company Limited by Guarantee Statement of Financial Position 31 March 2025 2025 2024 Current assets Debtors Cash at bank and in hand 14 4.342 226,030 1.050 253.095 230,372 254,145 Cr8ditors: amounts falling due within one year Net current assets 15 719 720 229,653 253,425 Total assets less current Ilabllltles 229.653 253,425 Funds of the charfty Unrestricted funds 229.653 253,425 Total charlty funds 229,653 253,425 For the year ending 31 March 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 preparatiori of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. These financial statements were approved by the board of trustees and authorised for issue on 5 December 2025, and are signed on behalf of the board by.. Mr S Hughes Trustee r J R Pierson rustee The notes on page5 7 to 12 form part of these flnanclal statements.
Annalong Community Development Association Limited Company Limited by Guarantee Notes to the Financlal Statements Year ended 31 March 2025 General informatlon The charity is a public benefit entity and a private company limited by guarantee. registered in Northern Ireland and a registered charity in Northern Ire12nd. The address of the registered office is 57 Kilkeel Road, Annalong, Newry, Co Down, BT34 4TJ. Statement of compllance These financial statements have been prepared in compliance wÉth FRS 102, The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Irelané (FRS 102) (Charities SORP {FRS 102)) and the Companies Act 2006. Accounting pollcles Basls of preparation The organisation as a charity is required to prepare accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102} (Charities SORP {FRS 102)) and the Charities Act (Northern Ireland) 2008. Going concern There are no material uncertainties about the charity's ability to continue. Judgemonts and kéy sources of estlmation 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 expeclations of future events that are believed to be reasonable under the circumstances. Fund acGounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designateé 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 two sub-classes.. restricted in(x)me funds or endowment funds.
Annalong Community Development Association Limited Company Limited by Guarantee Notes to the Financial Statements (Continued) Year ended 31 March 2025 A¢¢ounting pollcles (contlnu8d) Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity- it is probable thal the economic benefits associated with the transaction will flow to the charily and Ihe amount can be reliably measured. The following specrfic policies are applied to Particular categories of income: income from donations or grants is recognised when there is evidenc8 of er)titlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is estsblished. income from donsted goods is measured 81 the fair value of the goods unless this is impractical to measure reliably, in 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 rf the value can be reliably measured. No amounls are included for the contribution of general volunteers. income from contracts for the supply of services is CogniSed with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned rf unspent, in which case it may be regarded as restricted. ReSoUrS 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, nonoharitable trading activities, and the sale of donated goods. expendrture on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of ils 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 Gharity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attribulable to 8 single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable. justifiable and consislent basis. Tangible assels Tangible assets are initially recorded al cost and subsequently ststed at cost less any accumulated éepreciation and impaimient losses. Any tangible assets carried at revalued amounts are recorded at Ihe fair value at the date of revaluation less any subsequent accumulated depreciation ané subsequent accumulated impairment losses.
Annalong Community Development Association Limited Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2025 Accountlng pollcies (contlnuodj Tangible assets (contlnued) An increase in the carrying amount of an asset as a result of a revaluation, is recognised in olher recognised gains and losses. unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an assel as a result of revaluation. is recognised in other recognised gains and losses. except to which il offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less il5 residual value. over the useful economic life of that asset as follows.. Fixtures and fittings 150/0 straight line Limited by guarantee The Company is incorporated under the Companies {Northern Ireland) Order 1986 as a Company Limited by guarantee and not having a share capital with Company Number N1029070. Investment Income Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Bank interest receivable 5.113 5,113 119 119 Other income Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Unpresenled cheque 250 250 ExpendSture on charitabl8 activitlO8 by fund lype Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Coastal path repair & maintenance Community firework display Support costs 12,686 13,200 3,249 12,686 13.200 3.249 190 3,000 2,143 190 3.000 2.143 29.135 29,135 5,333 5.333
Annalong Community Development Associatlon Limited Company Limited by Guarantee Notes to the Financial Statements (contlnued) Year ended 31 March 2025 Expendituro on charitable activities by actlvlty type Activities undertaken directly Support costs Total funds 2025 Total fund 2024 Coastsl path repair & maintenance Community firework display Community charity donations Governance costs 12,686 2,500 10,700 12,686 2,500 10.700 3,249 190 2,500 500 2,143 3,249 25,886 3.249 29,135 5,333 Analysis of support Costs Analysis of support costs Total 2025 Total 2024 Accountancy Fees Bank fees Insurance Office support costs Trustee expense 660 181 1,872 236 300 660 181 1,872 236 300 240 171 1,732 3,249 3,249 2,143 10. Independent examlnatlon fees 2025 2024 Fees payable to the independent examiner for: Independent examination of the financi81 statements other assurance services Previously over accrued 350 310 350 370 (480} 240 660 11. Staff costs There were no paid employees during the current year (2024 - Nil), 12. Trustee remuneration and oxpons•s No trustee received any remuneration during the year (2024 - £nil). Trustee Mr S Hughes was reimbursed for £116 (2024 - £nil) of expenditure he had incurred on behalf of Annalong Community Development Association Limited. 10
Annalong Community Development Association Limited Company Limited by Guarantee Notes to the Flnancial Statements f¢onts'nuedJ Year ended 31 March 2025 13. Tangible fixed assets Fixtures and fittings Cost At 1 April 2024 and 31 March 2025 Depreclatlon At 1 Aprll 2024 and 31 March 2025 1,515 1,515 Carrylng amount At 31 March 2025 At 31 March 2024 14. Debtors 2025 2024 Prepayments and accrued income 4,342 1.050 15. Croditors: amounts falling due wlthln one year 2025 2024 Other creditors and accruals 719 720 16. Analysis of charitable funds Unrestricted funds At 1 April 2024 At 31 March 2025 Income Expenditure General fund 253,425 5,363 (29,135) 229.653 At 1 April 2023 At 31 March 2024 Income Expenditu General fund 258.639 119 (5,333) 253,425 11
Annalong Community Development Association Limited Company Limited by Guarantee Notes to the Financial Statements (contlnuad) Year ended 31 March 2025 17. Analysis of net assets between funds Unrestricted Total Funds Funds 2025 Current assets Creditors less than 1 year Net assots 230.372 {719) 229,653 230.372 {719) 229,653 Unrestricted Total Funds Funds 2024 Current assets Creditors less than 1 year Net assots 254,145 (720) 253.425 254,145 (720) 253,425 18. Contingencies The directors have confirmed that there We no contingenl liabilities which should b8 disclosed at 31 March 2025. 19. Capltal commitments The trustees have confirmed that there were no capital wmmitments at 31 March 2025. 20, Related parties In May 2024. following board approval, a belated gift of £300 was made to retiring trustee and secretsry Mr A Kilgore. in recognilion of his long running contribution to the charity. As a founding member of the group, Mr Kilgore worked tirelessly for ACDA as a volunteer for many years. 12
Annalong Community Development Association Limited Company Llmlted by Guarantee Management Information Year ended 31 March 2025 The following page8 do not form part of the financial statements. 13
Annalong Community Development Association Limited Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 March 2025 2025 2024 Income and endowments Investmenl income Bank interesl receivable 5.113 119 Other income Unpresented cheque 250 Total income 5,363 119 Expenditure Expendlture on charitable activities Repairs and mainten8nce Community Fireworks Charitable donation Coastal path - Bench Insurance Accountancy fees Other office costs Bank Fees Trustee expense 10,526 2,500 10.700 2,160 1.872 660 236 181 300 190 2,500 500 1,732 239 172 29,135 5,333 Total expandlture 29,135 5,333 Net expendlture (23,772) (5,214) 14
Annalong Community Development Association Limited Company Limited by Guarantee Notes to the Detailed Statement of Flnancial Activities Yearended 31 March 2025 2025 2024 Expenditure on charitable activities Coastal path repair & maintenance Actlvlties undertaken directly Coastal path repair & maintenance Coastal path- Bench 10,526 2,160 12,686 Community firework display Activities undertaken directly Community fireworks display Community Donations 2.500 10.700 2,500 500 13,200 3,000 Governance costs Governance costs - Insurance Governance costs - Accountants fees Governance costs - Office costs Governance costs - Bank fees Governance costs - Trustees 1,872 660 236 181 300 1,732 239 172 3,249 2,143 Expendlture on charitable activities 29,135 5.333 15