COMPANY REGISTRATION NUMBER." N1036799 CHARITY REGISTRATION NUMBER: NIC100799 Creggan Community Association Company Limited by Guarantee Financial Statements 30 September 2024 SP MCCAFFREY & CO Chartered accountants & statutory auditor 50 Campsie Road Omagh Co Tyrone BT79 OAG
Creggan Community Association Company Limited by Guarantee Financial Statements Year ended 30 September 2024 Page Trustees, annual report (incorporating the director's report) Independent auditor's report to the members Statement of financial activities (including income and expenditure account) Statement of financial position Statement of cash flows 10 11 Notes to the financial statements 12 The following pages do not form part of the financial statements Detailed statement of financial activities Notes to the detailed statement of financial activities 21 23
Creggan Community Association Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) Year ended 30 September 2024 The trustees, who are also the directors for the purposes of company law, present their report and the financial statements of the charity for the year ended 30 September 2024. Reference and administrative details Registered charity name Creggan Community Association NIC100799 Charity registratlon number Company registration number N1036799 Principal office and registered Creggan Community Centre office Omagh Co Tyrone BT79 9AF The trustees Mary T Conway Sheila Grimes Martin Fox Cathal Loughran Oonagh Bradley Sharon Begley Joanne Hughes Sinead Mcmullan Patricia Grogan Barry Mcmullan Auditor SP Mccaffrey & Co Chartered accountants & statutory auditor 50 Campsie Road Omagh Co Tyrone BT79 OAG Bankers Bank of Ireland Campsie Road Omagh Co Tyrone Solicitors Corrigan M¢Grade Solicitors 40 John Street Omagh County Tyrone BT78 1 DN
Creggan Community Association Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (contlnued) Year ended 30 September 2024 Structure, governance and management Governing document Creggan Community Association is a company limited by guarantee (Registration Number N1036799)). The company is governed by its Memorandum of Articles of Association. The company is recognised and registered by the Charities Commission for Northern Ireland (ref NIC100799}. Principal activity The principal activity of the company is to promote the greater good of the people of Creggan and district by providing facilities for community education, social welfare and recreation and also'the provision of childcare and after school childcare facilities. Structure and Governance The Association holds an annual AGM where it elects trustees to oversee the running for the year. Objectives and activities We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. A¢hievoments and performance The Trustees, are satisfied that the Association has continued to meet its 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 and after school childcare. Financial review Review of the Business The Association is non-profit making and the trustees are aware of the of the sustainable use of resources. Reserves Policy The trustees of Creggan Community Association have set up a reseNes policy which requires that reserves be maintained at a level which ensures that the organisations core activities could continue during a period of unforeseen difficulty. The directors will review this figure annually. Plans for future periods Creggan Community Association will continue to provide weekly classeslevents for the community. We also hpoe to achieve the following'.- Will endeavour to increase the size of the committee by 30 % Will endeavour to introduce at least 2 new activities to the community.- Will support the Vvhite Hare Daycare to continue to deliver high-quality services.- Will support White Hare Daycare to improve the facilities indoor and outdoor for the children. Will conitinue to plan future projects.
Creggan Community Association Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 30 September 2024 Trustees, responsibilities statement The trustees, who are also directors for the purposes of company law, are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the income and expenditure, for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently., observe the methods and principles in the applicable Charities SORP,. make judgments and accounting estimates that are reasonable and prudent., prepare the financial ststements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements 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. Auditor Each of the persons who is a trustee at the date of approval of this report confirms that.. so far as they are aware, there is no relevant audit information of which the charity's auditor is unaware., and they have taken al steps that they ought to have taken as a trustee to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The auditor is deemed to have been re-appointed in accordance with section 487 of the Companies Act 2006. Small company provislons This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
Creggan Community Association Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 30 September 2024 The trustees, annual report was approved on 23 June 2025 and signed on behalf of the board of trustees by.. Sheila Grimes Trustee
Creggan Community Association Company Limited by Guarantee Independent Auditor's Report to the Members of Creggan Community Association Year ended 30 September 2024 Opinion We have audited the financial statements of Creggan Community Association (the 'charity') for the year ended 30 September 2024 which comprise the statement of financial activities (including income and expenditure account), statement of financial position, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements-. give a true and fair view of the state of the charity's affairs as at 30 September 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) IISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial ststements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled aur other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least e1ve months from when the financial ststements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Creggan Community Association Company Limited by Guarantee Independent Auditor's Report to the Members of Creggan Community Association (continued) Year ended 30 September 2024 Other infomiation The other inforrnation comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the trustees, report for the financial year for which the financial statements are prepared is consistent with the financial statements., and the trustees, report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by excèption In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees, report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion= adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us,. or the financial statements are not in agreement with the accounting records and returns., or certain disclosures of trustees, remuneration specified by law are not made, or we have not received all the information and explanations we require for our audit., or the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies, exemptions in preparing the directors, report and from the requirement to prepare a strategic report.
Creggan Community Association Company Limited by Guarantee Independent Auditor's Report to the Members of Creggan Community Association (contlnued) Year ended 30 September 2024 Responsibilities of trustees As explained more fully in the trustees, fesponsibilities statement, the trustees (who are also the directors for the purposes of company lawl are responsible for the preparation of the financial ststements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. Auditor's responsSbilitles for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial ststements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in rèspect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below- As part of an audit in accordance with ISAS (UK}, we exercise professional judgment and maintain professional scepticism throughout the audit. We also.. Identify and assess the risks of material misstatement of the financial ststements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees.
Creggan Community Association Company Limited by Guarantee Independent Auditor's Report to the Members of Creggan Community Association (continued) Year ended 30 September 2024 Conclude on the appropriateness of the trustees, use of the going concern basis of accounting and, b2sed on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability ta continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, If such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor'5 report. However, future events or conditions may cause the charity to cease to continue as a going concern. EvalLrate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Use of our report This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed. pson (Senior Statutory Auditor) For and on behalf of SP Mccaffrey & Co Chartered accountants & statutory auditor 50 Campsie Road Omagh Co Tyrone BT79 OAG 23 June 2025
Creggan Community Association Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 30 September 2024 2024 Restricted funds Total funds Unrestricted funds 2023 Note Total funds Income and endowments Donations and legacies Charitable activities Other trading activities Investment income 11,757 14.757 508,315 4.560 125 508,315 4,560 125 11,808 476,087 27 Total income 516,000 11,757 527,757 499,650 Expenditure Expenditure on raising funds.. Costs of raising donations and legacies Expenditure on charitable activities Total expenditure 16,740 465,523 3,752 8,005 11,757 20,492 473,528 494,020 25,703 413,012 438,715 482,263 Net income and net movement in funds 33,737 33,737 60,935 Reconciliation of funds Total funds brought forward Total funds carried forward 383,170 383,170 416,907 322,235 416,907 383,170 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 12 to 19 form part of these financial ststements.
Creggan Community Association Company Limited by Guarantee Statement of Financial Position 30 September 2024 2024 Fixed assets Tangible fixed assets Current assets Stocks Debtors Cash at bank and in hand Note 2023 14 373,745 317,771 15 16 750 5,290 157,988 164,028 450 5,849 172,085 178,384 Creditors: amounts falling due within one year Net current assets Total assets less current liabilities Accruals and deferred income Net assets 17 8,111 15,618 155,917 529,662 162,766 480,537 112,755 416,907 97,367 383,170 Funds of the charity Unrestricted funds Total charity funds 416,907 416,907 383,170 383,170 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 23 June 2025, and are signed on behalf of the board by.. Sheila Grimes Trustee The notes on pages 12 to 19 form part of these financial statements. 10-
Creggan Community Association Company Limited by Guarantee Statement of Cash Flows Year ended 30 September 2024 2024 2023 Cash flows from operating activities Net income 33,737 60,935 Adjustments for." Depreciation of tangible fixed assets Other interest receivable and similar income Interest payable and similar charges Changes in.. Stocks Trade and other debtors Trade and other creditors Cash generated from operations 12,045 (125) 90 14,783 (27) 527 (300) 559 7,881 53,887 71 4,230 3,943 84,462 Interest paid Interest received (90) 125 (5271 27 Net cash from operating activities 53,922 83,962 Cash flows from investing activities Purchase of tangible assets Net cash used in investing activities (68,019) {68,019) Net (decrease)lincrease in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year 114,097) 172,085 157.988 83,962 88,123 172,085 The notes on pages 12 to 19 fomi part of these financial statements. 11
Creggan Community Association Company Limited by Guarantee Notes to the Financial Statements Year ended 30 September 2024 General information 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 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 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 IFRS 102) (Charities SORP IFRS 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 financial assets and liabilities and investment properties 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 uncertainties about the charity's ability to continue. Fund accountin9 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 two sub-classes-. restricted income funds or endowment funds. 12-
Creggan Community Association Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 30 September 2024 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 particular categories of income.. income from donations or grants is recogrsised 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, 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 if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of seNices is recognised 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 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 heading5 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 lo 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 beeen the activities they contribute to on a reasonable, justifiable and consistent basis. Tangible assets All fixed assets are initially recorded at cost. 13-
Creggan Community Association Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 30 September 2024 Accounting policies (continued) 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.. Plant and machinery Fixtures and fittings Motor Vehicles Equipment 200/0 reducing balance 20 % reducing balance 20 % reducing balance 20 % reducing balance Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate 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 cash-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. Vvhere 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. Vvhere 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 paty to the contractual provisions of the instrument. 14-
Creggan Community Association Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 30 September 2024 Accounting policies (continued) Financial instruments (continued) Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction cost5 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 otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at COSt less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed al a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future 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 activities, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial 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 basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the Impairment not previously been recognised. Defined contribution plans 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 within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. Limited by guarantee The company is limited by Guarantee and therefore does not have any Share Capital. 15
Creggan Community Association Company Limited by Guarantee Notes to the Financial Statements fcontinued) Year ended 30 September 2024 Donatlons and legacies Unrestricted Funds Restricted Total Funds Funds 2024 Grants Fermanagh & Omagh District Council Arts Council for Northern Ireland Dept. of Health Employment Grant Pathway Fund 675 3,077 675 3.077 3,000 3,000 8,005 8,005 3,000 11,757 14,757 Unrestricted Funds Restricted Total Funds Funds 2023 Grants Fermanagh & Omagh District Council Arts Council for Northern Ireland Dept. of Health Employment Grant Pathway Fund 1,750 1,750 2,000 2,000 558 7,500 558 7,500 558 11,250 11,808 Charitable activlties Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Childcare 508,315 508,315 476,087 476,087 Other trading activitles Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Art Classes Hall Hire Soccer Sports Day Disco's Bingo, Hall Hire Bingo 502 325 240 502 325 240 341 11,387 341 11,387 3,493 3,493 4,560 4,560 11,728 11,728
Creggan Community Association Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 30 September 2024 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Bank interest receivable 125 125 27 27 Costs of raising donations and legacies Unrestricted Funds Restricted Total Funds Funds 2024 Costs of generating income 16,740 3,752 20.492 Unrestricted Funds Restricted Total Funds Funds 2023 Costs of generating income 23,953 1,750 25,703 10. Net income Net income is stated after chargingl{creditingl'. 2024 2023 Depreciation of tangible fixed assets 12,045 14,783 11. Independent examination fees 2024 2023 Fees payable to the independent examiner for.. Independent examination of the financial statements 2,195 2,180 12. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2024 2023 Wages and salaries Employer contributions to pension plans 382,370 5.295 327,358 4,187 387,665 331,545 The average head count of employees during the year was 30 (2023.. 30). The average number of full-time equivalent employees during the year is analysed as follows.. 2024 2023 No. No. Number of staff - type 1 30 30 No employee received employee benefits of more than £60,000 during the year (2023.. Nil). 17-
Creggan Community Association Company Limited by Guarantee Notes to the Financial Statements {continuedJ Year ended 30 September 2024 13. Trustee remuneratlon and expenses Cathal Loughran received £1,813 and Barry Mcmullanreceived £500 for the general maintenance to the centre and creche building. 14. Tangible fixed assets Land 2nd Plant and Fixtures and buildings machinery fittings Motor vehicles Equipment Total Cost At 1 Oct 2023 Additions 458,606 66,939 525,545 2,218 158,670 28,600 23,845 1,080 24,925 671,939 68,019 739.958 At 30 Sep 2024 Depreciatlon At 1 Oct 2023 Charge for the year 2,278 158,670 28,600 199,977 799 129,125 11,128 13,139 354,168 284 5,909 135,034 3,494 2,358 At 30 Sep 2024 Carrying amount At 30 Sep 2024 At 30 Sep 2023 12,045 366,213 199,977 1,083 14,622 15,497 325,568 258,629 1,135 23,636 29,545 13,978 9,428 10,706 373,745 317.771 1,419 17,472 15. Stocks 2024 2023 Stock of food General Stock 350 400 250 200 750 450 16. Debtors 2024 2023 Child¢are owed PAYE prepaid 3,225 2,065 5,290 5,849 5,849 18-
Creggan Community Association Company Limited by Guarantee Notes to the Financial Ststements (eontlnued) Year ended 30 September 2024 17. Creditors: amounts falling due within one year 2024 2023 Creditors Social security and other taxes Grant in advance Childcare prepaid 2,691 6,900 2,300 3,000 3,418 5,420 8,111 15,618 18. Deferred income 2024 2023 At 1 October 2023 Amount released to income Amount deferred in year At 30 September 2024 140.684 {70,863) 42,934 140,684 (66,251) 22,934 97,367 112,755 19. Pensions and other post retirement benefits Defined contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £5,29512023. £4,187). 20. Government grants The amounts recognised in the financial statements for government grants are as follows. 2024 2023 Recognised in accruals and deferred income.. Deferred govemment grants due within one year 112,755 97,367 21. Analysrs of changes in net debt At At 1 Oct 2023 Cash flows 30 Sep 2024 172,085 {14,097) 157,988 Cash at bank and in hand 19