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
be￿een 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