Registered number: NI606019 **EAGLE GLEN COMMUNITY PARTNERSHIP LTD DIRECTORS' REPORT AND ABRIDGED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023** J.A.McNicholl & Company Ltd **Eagle Glen Community Partnership Ltd Directors' Report and Abridged Financial Statements For The Year Ended 28 February 2023** ## **Contents** ||**Page**| |---|---| |Company Information|1| |Directors' Report|2| |Income Statement|3| |Abridged Statement of Financial Position|4—5| |Notes to the Abridged Financial Statements|6| |The following pages do not form part of the statutory accounts:|| |Trading Income Statement|7| **Eagle Glen Community Partnership Ltd Company Information For The Year Ended 28 February 2023** ## **Directors** **Directors** Mrs Gemma O'Kane Mr Chris Toal **Company Number** NI606019 **Registered Office** Community Centre 9 Curraghmore Road Garvagh Co Derry BT51 5DS **Accountants** J.A.McNicholl & Company Ltd Chartered Certified Accountants 18 Market Road Ballymena Co Antrim BT43 6EL Page 1 **Eagle Glen Community Partnership Ltd Company No. NI606019 Directors' Report For The Year Ended 28 February 2023** The directors present their report and the financial statements for the year ended 28 February 2023. ## **Directors** The directors who held office during the year were as follows: Mrs Gemma O'Kane Mr Chris Toal ## **Statement of Directors' Responsibilities** The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgments and accounting estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company 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 company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. ## **Small Company Rules** This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. On behalf of the board Mr Chris Toal Director Date Page 2 ## **Eagle Glen Community Partnership Ltd Income Statement For The Year Ended 28 February 2023** |**Notes**
**TURNOVER**
**GROSS PROFIT**
Administrative expenses
**OPERATING PROFIT/(LOSS)**
Interest payable and similar charges
**PROFIT/(LOSS) FOR THE FINANCIAL YEAR**|**2023**
**£**
18,494
18,494
(10,380)
8,114
(39)
8,075|**2022**
**£**
5,877| |---|---|---| |||5,877
(12,897)| |||(7,020)
(199)| |||(7,219)| The notes on page 6 form part of these financial statements. Page 3 ## **Eagle Glen Community Partnership Ltd Abridged Statement of Financial Position As At 28 February 2023** |**Notes**
**FIXED ASSETS**
Tangible Assets
**4**
**CURRENT ASSETS**
Debtors
Cash at bank and in hand
**Creditors: Amounts Falling Due Within**
**One Year**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
Income Statement
**SHAREHOLDERS' FUNDS**|**2023**
**£**
**£**
62,164
62,164
1,797
1,756
3,553
(3,467)
86
62,250
62,250
62,250
62,250|**2023**
**£**
**£**
62,164
62,164
1,797
1,756
3,553
(3,467)
86
62,250
62,250
62,250
62,250|**2022**
**£**
**£**
65,611
65,611
1,610
2,490
4,100
(15,536)
(11,436)
54,175
54,175
54,175
54,175|**2022**
**£**
**£**
65,611
65,611
1,610
2,490
4,100
(15,536)
(11,436)
54,175
54,175
54,175
54,175| |---|---|---|---|---| |||62,164
86||65,611
(11,436)| ||3,553
(3,467)||4,100
(15,536)|| |||||| |||62,250||54,175| |||62,250||54,175| |||62,250||54,175| |||62,250||54,175| Page 4 **Eagle Glen Community Partnership Ltd Abridged Statement of Financial Position (continued) As At 28 February 2023** For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime. All of the company's members have consented to the preparation of an Abridged Statement of Financial Position for the year end 28 February 2023 in accordance with section 444(2A) of the Companies Act 2006. On behalf of the board Mr Chris Toal Director > Date 16/11/2023 The notes on page 6 form part of these financial statements. Page 5 **Eagle Glen Community Partnership Ltd Notes to the Abridged Financial Statements For The Year Ended 28 February 2023** ## 1. **General Information** Eagle Glen Community Partnership Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI606019. The registered office is Community Centre, 9 Curraghmore Road, Garvagh, Co Derry, BT51 5DS. ## 2. **Accounting Policies** ## 2.1. **Basis of Preparation of Financial Statements** The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. ## 2.2. **Turnover** Income represents donations received and fundraising activities by the company. ## 2.3. **Tangible Fixed Assets and Depreciation** Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: |Freehold|5%| |---|---| |Fixtures & Fittings|15%| ## 3. **Average Number of Employees** Average number of employees, including directors, during the year was as follows: 2 (2022: 2) ## 4. **Tangible Assets** |**Cost**
As at 1 March 2022
As at 28 February 2023
**Depreciation**
As at 1 March 2022
Provided during the period
As at 28 February 2023
**Net Book Value**
As at 28 February 2023
As at 1 March 2022|**Total**
**£**
118,896| |---|---| ||118,896| ||53,285
3,447| ||56,732| ||62,164| ||65,611| 5. **Share Capital** Page 6 ## **Eagle Glen Community Partnership Ltd Trading Income Statement For The Year Ended 28 February 2023** |**TURNOVER**
Room Hire
Grants Received
**GROSS PROFIT**|**2023**
**£**
**£**
-
18,494
18,494
18,494|**2023**
**£**
**£**
-
18,494
18,494
18,494|**2022**
**£**
**£**
2,917
2,960
5,877
5,877|**2022**
**£**
**£**
2,917
2,960
5,877
5,877| |---|---|---|---|---| |||18,494
18,494||5,877
5,877| |**Administrative Expenses**
Rent
Insurance
Protective Clothings
Accountancy fees
Donations & Charity Fees
Depreciation of fixtures and fittings
Depreciation of freehold land and property
Sundry expenses
**OPERATING PROFIT/(LOSS)**
**Interest payable and similar charges**
Bank Interest & Other Charges
**PROFIT/(LOSS) FOR THE FINANCIAL YEAR**|2,917
3,066
-
785
166
249
3,197
-|(10,380)|2,917
2,811
250
770
2,280
293
3,366
210|(12,897)| ||39||199|| |||8,114
(39)||(7,020)
(199)| |||||| |||8,075||(7,219)| Page 7