COMPANY REGISTRATION NUMBER: N1036799
CHARITY REGISTRATION NUMBER: NIC100799
Creggan Community Association
Company Limited by Guarantee
Unaudited Financial Statements
30 September 2022
SP MCCAFFREY & CO
Chartered accountants
50 Campsie Road
Omagh
Co Tyrone
BT79 OAG

Creggan Community Association
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report)
Year ended 30 September 2022
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 30 September 2022.
Reference and administrative details
Reglstsred charlty name
Creggan Community Association
Charlty registration number
NIC100799
Company registration number N1036799
Principal office and reglstered Creggan Communty Centre
office
Omagh
Co Tyrone
BT79 9AF
The trustees
Mary T Conway
Sheila Grimes
Martin Fox
Clare Haughey
Cathal Loughran
Patrick McKernan
Oonagh Bradley
Sharon Begley
Joanne Hughes
Sinead Mcmullan
Patricia Grugan
Barry Mcmullan
(Retired 23 March 2022)
(Retired 23 March 2022)
(Appointed 23 March 2022)
(Appointed 23 March 2022)
Independent examiner
S P Mccaffrey
50 Campsie Road
Omagh
Co Tyrone
BT79 OAG
Strueturn. governance and management
The Association holds an annual AGM Whe￿ it elects trustee5 to oversee the running for the year.
Objectives and activities
We have ￿ferred to the guidance contained in the Charity Commission's general guidance on public
benefrt when reviewing our aims and objectives and in planning our future activities.
Achievements and performance
The Trustees, are satisfied that the Association has continued to meet ts key aims and objectives.
namely to promote the greater good of the people of Creggan and district by providing facilities for
community education. social welfare and recreation.

Creggan Community Association
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 30 Septsmber 2022
2022
Restricted
funds Total funds Total funds
2021
Unrestiicted
funds
Income and endowments
Donations and legacies
Charrtable activities
Other trading acb'vities
Investment income
15,167
357,383
12,409
4,259
19.426
357,383
12,409
93.358
212.151
2.344
36
Total income
384,993
4,259
389,252
307.889
Expènditure
Expenditure on raising funds:
Costs of raising donations and
legacies
Expenditure on charitable acb'vities
Total expendlture
18,050
348,109
366,159
1,759
2.500
4.259
19,809
350,609
370,418
11,345
259,603
270,948
Net Income and net movement In funds
18,834
18.834
36,941
Reconclllation ol funds
Total funds brought forward
Total funds carried forward
303,401
322,235
303,401
266,460
303,401
322,235
The statement of financial activities includes all gains and losses recognised in the year,
All income and expenditure derive from continuing activities.
The nots5 on pages 8 to 15 fomi part of these financial statements.

Creggan Community Association
Company Limited by Guarantee
Statement of Financial Position
30 Septsmber 2022
2022
2021
Note
Fixed assets
Tangible fixed assets
14
332,554
321,177
Current assets
Stocks
Debtors
Cash at bank and in hand
15
16
521
10,079
88,123
98,723
458
12,428
89,632
102,518
Creditors: amounts falling duo wlthin one year
Net current assets
17
7.189
13,661
88.857
91.534
Total assets less current liabilities
424,088
410.034
Accruals and d•ferred Incomo
101,853
322,235
106,633
Net assets
303,401
Funds of the charity
Unrestricted funds
322,235
322,235
303,401
303,401
Total charlty funds
For the year ending 30 September 2022 the charity was entitled to exemption from audit under section
477 of the Companies Act 2006 ￿lating 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 seckn'on 476;
The directors ackn¢Jwledge their responsibilities for complying with the requirements of the Act
with respect to accounting records and the preparation of financial ststements.
These financial ststements have been prepared in accordance wrth 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 8 to 15 fomi part of these financial statements.

Creggan Community Association
Company Limited by Guarantee
Statement of Financial Position (continued)
30 September 2022
These financial staternents were approved by the board of trustees and authorised for issue on 11
June 2023, and are signed on behalf of the board by:
Sheila Grirnes
Trustee
The notes on pages 8 to 15 forni part of these financial ststements.

Creggan Community Association
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 30 September 2022
General inforniation
The charty is a public benefrt entity and a private company limited by guarantee. registered in
Northem Ireland and a registered charity in Northern Ireland. The address of the registered office
is Creggan Community Centre. Omagh, Co Tyrone, BT79 9AF.
Statement of compliance
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 Ststement 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 preparatlon
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investrnent properties measured at fair
value through incorne or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entrty.
Golng concern
There are no material uncertainties about the charity's ability to continue.
Fund accountlng
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 temis of an appeal, and fall into one of two sub<lasses.' restricted income funds or
endowment funds.

Creggan Community Association
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 September 2022
Accounting policies (cononued)
Incoming resources
Al incoming resources are included in the statement of financial activities when entitlement has
passed to the charity,. it is probable that the economic benefts associated with the transaction
will flow to the charity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income:
income froffl donations or grants is recognised when there is evidence of entrtlement to the
gift. receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and enkn'tlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the
accounts when re￿iVed 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 service. This is classified as unrestricted fvnds unless the￿ is a contractual
requirement for it to be spent on a particular purpose and retumed if unspent. in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activits'es 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
actNities that further its charitable aims for the benefit of tts beneficiaries, including those
support costs and costs relating to the govemance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charty nor part of its expenditure on charitable activities.
All costs a￿ 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
between the activities they contribute to on a reasonable, justs'fiable and consistent basis.
Tangible assets
All fixed assets are initially recorded at cost.

Creggan Community Association
Company Limitsd by Guarantee
Notes to the Financial Ststements (conllnued)
Year ended 30 September 2022
Accounting policies {continued)
Depreciation
Depreciation is calculated so as to off the cost or valuation of an asset. less its residual
value. over the useful economic life of that asset as follows:
Plant and machinery
Fixtures and fittings
Motor Vehicles
Equipment
20% reducing balance
20 % reducing balance
200￿ reducing balance
200A reducing balance
Impaimient of fixed assets
A review for indicators of impainnent is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. whe￿ the carying value exceeds the
recoverable amount. the asset is impaired accordingly. Prior impaimients are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estirnate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the
cash-generating unit to which the asset belongs. The ca5h-generating unit is the smallest
identifiable group of assets that includes the asset and generates cash inflows that largely
independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill. the goodwill acquired in a business combination is. from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and
sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing
the stock to its present location and condition.
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 perfomiance-related conditions on the
recipient, it is recognised in income when the grant proceeds are received or receivable. Where
the grant does impose specffied 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-
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the
contractual provisions of the instrument.
10-

Creggan Community Association
Company Limited by Guarantee
Notes to the Financial Ststements (confrnued)
Year ended 30 September 2022
Accounting policies (continued)
Flnanclal instruments {continuodJ
Basic financial instruments are initially ￿COgniSed at the amount recetvable or payable including
any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can othepwise be measured
reliably, the investment is subsequently measured at fair value with changes in fair value
recognised in incorne and expenditure. All other such investments are subsequently measured at
cost less impairmenL
Other financial instruments, including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond nomial business terms or financed at a rate of interest
that is not a market rate, in which case the asset is measured at the present value of the futu
payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes
recognised in the statement of financial activrties, wrth the exception of hedging instruments in a
designated hedging relats'onship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impainnent at the end of each reporting date. If the￿ is objective evidence of impainnent, an
impai￿ent loss is recognised under the appropriate heading in the statement of financial
activities in which the inttial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are
individually significant, these are assessed individually for impairment. Other financial assets are
either assessed individually or grouped on the basi5 of similar credit risk characteristics.
Any reversals of impainnent are recognised immediately. to the extent that Ihe reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying arnount would
have been had the impairment not previously been recognised.
Defined contribution plan8
Contributions to defined contribution plans are recognised as an expense in the period in which
the related service is provided. Prepaid contributions are recognised as an asset to the extent
that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly wthin 12 months of the end of the
reporting date in which the employees render the related service, the liability is measured on
discounted present value basis. The unwinding of the discount is recognised as an expense in
the period in which it arises.
Llmited by guarantee
The company is limited by Guarantee and therefore does not have any Share Capital.
11

Creggan Community Association
Company Limited by Guarantee
Notes to the Financial Statements (contsnued)
Year ended 30 September 2022
Donations and legacies
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Grants
Fermanagh & Omagh District Council
FODC - Recover Grant
Dept. for Education
Early Years CRSF
Job Retenkn'on Scheme
COVID Grant Fund
HSBC
Cregganconroe Community Benefit Fund
Safe Retum Fund
Co-operation Ireland
Grants receivable
1.759
1,759
3.000
10.167
3.000
10,167
2,500
2.500
2,000
15,167
2,000
4,259
19,426
Unrestricted
Funds
Restricted Total Funds
Funds
2021
Grnnts
Femianagh & Omagh District Council
FODC - Recover Grant
Dept. for Education
Early Years CRSF
Job Retention Scheme
COVID Grant Fund
HSBC
Cregganconroe Community Benefit Fund
Safe Retum Fund
Co-operation Ireland
Grants receivable
1,447
498
1.447
498
40,198
3.706
33,000
40,198
3,706
33,000
806
806
4.095
2,415
7.193
4.095
2.415
7,193
12.359
80.999
93,358
Charitabl• actlvltles
Unrestricted Total Funds Unrestricted Total Funds
Funds
2022
Funds
2021
Childcare
357.383
357,383
212.151
212,151
12-

Creggan Community Association
Company Limited by Guarantee
Notes to the Financial Statements fcontlnuedj
Year ended 30 September 2022
Other trnding activities
Unrestricted Total Funds Un￿StriCted Total Funds
Funds
2022
Funds
2021
Irish Dancing
Discos
Hall Hire
Bingo
Facilitalion fees
Reim. of costs from Parish
715
4,792
302
800
800
5,000
715
4,792
302
800
800
5,000
380
380
120
120
1,844
12,409
12.409
2.344
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2022
Funds
2021
Bank interest ￿e1Vable
36
36
Costs of raislng donations and legacies
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Costs of generating income
18,050
1,759
19,809
Unrestricted
Funds
Restricted Total Funds
Funds
2021
Costs of generating income
6,985
4,359
11,345
10. Net income
Net income is stated after chargingl{crediting):
2022
2021
Depreciation of tangible fixed assets
18,061
14,452
11. Independent examination fees
2022
2021
Fees payable to the independent examiner for:
Independent examination of the financial ststernents
2,140
1.950
13-

Creggan Community Association
Company Limited by Guarantee
Notes to the Financial Statements (confrnued)
Year ended 30 September 2022
12. Staff costs
The totsl staff costs and employee benefits for the reporting period are analysed as follows:
2022
2021
Wages and salaries
Employer contributions to pension plans
273.027
3,817
276.844
210,916
1,808
212.724
The average head count of employees during the year was 25 (2021.. 20). The average number
of full-time equivalent employees during the year is analysed as follows:
2022
No.
2021
No.
Nurnber of stsff - type 1
25
20
No employee received employee benefrts of more than £60,000 during the year {2021: Nil).
13. Trustee remuneration and expenses
No trustee received any remuneration or other benefits.
14. Tangible fixed as80ts
Land and Plant and Fixtures and
buildings machinery
fittings
Motor
vehicles Equipment
Total
At 1 Oct 2021
Additions
457.926
680
157,870
800
6,500
22,100
20,205
3,640
642,601
29,438
2,218
At 30 Sep 2022
Depreciation
At 1 Oct2021
Charge for the
year
458,606
2,218
158,670
28,600
23,845
671,939
199,977
112,926
1,300
7,121
321,324
8,813
121,739
5,460
18,061
339.385
At 30 Sep 2022
Carrying amount
At 30 Sep 2022
At 30 Sep 2021
199.977
444
6,760
10,465
258,629
257,949
1,774
36,931
21,840
5,200
13,380
332.654
44.944
13,084
321,177
15. Stocks
2022
2021
Raw materials and consumables
Work in progress
300
221
245
213
521
458
14-

Creggan Community Association
Company Limitsd by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 September 2022
16. Debtors
2022
2021
Debtors
Other debtors
5,950
4,129
10,079
5.235
7.193
12,428
17. Creditors: amounts falling due within one year
2022
2021
Creditors
s￿la[ security and other taxes
Monies Paid in Advance
2.769
3,530
9,981
150
4.420
7.189
13,661
18. Deferred income
2022
2021
At 1 October 2021
Amount released to income
Amount deferred in year
At 30 September 2022
140,684
(61,765)
22,934
101,853
140,684
(56,985)
22,934
106,633
19. Penslons and other post rntirement benefrts
Defined contrfbution plans
The amount ￿ognISed in income or expenditure as an expense in relation to defined
contribution plans was £3,817 (2021.. £1,808).
20. Government grants
The amounts recognised in the financial statements for govemment grants are as follows:
2022
2021
Recognised in accruals and deferred income:
Deferred govemment grants due within one year
101.853
106.633
15-