COMPANY REGISTRATION NUMBER: NKI596OS CHARffY REGISTRATION NUMBER: 101000 Cleenish Renewal Co Ltd Company Llmlted by Guarantee Financial Statements 30 June 2018 Scanned by Camscanner
Cleenish Renewal Co Ltd Company Llmlted by Guarantee Flnanclal Statements Year ended 30 June 2018 Page Trustee's annual report (inwrporating the direciofs report) IndeFendent examiners wort to Ihe mBmitrs Statement of financial activtties (indudirKJ income and expendilure acu)unt) ststement of financial position Note5 to the financial statements Scanned by Camscanner
Cleenish Renewal Co Ltd Company Umlted by Guarnntee Trustee's Annual Report {Incorporatlng the Dlrgctorfs Report) Year ended 30 June 2018 The InJsts8. vA)o is gtso the d8cl fc the wrw)ses ol cThnpany tw. wesents his reFMxI and the fffi8r Statem ol the thaiity ts th8 year ended 30 June 2018. Ref•rOn and •dmlnltrth• dots11s Ch•rty reglstrntlon nwnb•r 1011MI Company reglstratlon number N1059605 BT92 2BT The tru8t•• Trevor Kingston George Johnston Martyn Nel Structuv•. governan¢• and manog•Th•nt The oryJanis8tKffl s manaJed ty the Trustees wTrK) peFson81ty dwoct day to day opernlh)ns ¢affied ujt by p8rt4ime staff, volunteers the TDJ5t8es therns. The principal objectives are to fvrthert Christian Faith through the provislf>n of accornmodation and conferen¢e facilitles for Spiritual Reflect¥)n. Chti5tian Fellowship & Christian Outreach. Strat•glc r•port feFrtyt of th8 d1[. The Charity continues to provide accommodation and seryices to its etErouP Flnaficlal r•vlv In¢ome from Charitable Athities Continues to grow steadily. The IrKome1s not yet at a level to keep the Charity Sustalnable and in the meantime the charity Is supported by ivs Twstee& Scanned by Camscanner
Cleenish Renewal Co Ltd Company Llmlted by Guarantee Trustse's Annual Report (Incorporatlng the Dlrnctorfs Report) (c Year ènded 30 June 2018 Trustse's respoMlbllltl• •lat•m•nt tnjstee's rep(wt and the finarKial statements in a018( Wbth aFylKablg W and Unrted King(iom Acc(xmling Sta13[d$ {United 1fjngdn Genwalty Aw)ted Ac(xnkng Praeticel. Compary law requires the charity Irustee to FKepar8 fmancial statements for each year vthich g8 a tnje and fair view of the stste of affavs of the charitable e£ffipany thg irtomlng 90[cO$ and appltiC of reS{w$. wKaudiig Ihe and expenditwe. for that p. In weparing these frnnrAal statem. the trustee 15 rw4uired lo: departures disdosed and expkined in the fiTrar1 Ststerrts: prepare Ihe financial ststements on tha ccmcan basls unsS it is WWFvoKxiate to Fosum thal the charity will ntinue in tMe$s. explain the charivs transactions 8TrJ disclose rylh reasonaL4e aoxwacy at any time the fmanual rThrtM)n of charrty arml enable him lo ensure that the fmanck41 stslemwts o)mply th Ihe compan Acl 2006. He is 4so sible for SafardW¥j the assets of the cw 8nd herK8 for The trustee's annual rw and th8 strat6 rep(xt arw¥ed M 4" NOnthr 2019 aThJ signed ehalf of the of tnjstees ty. Trevor Kryst nsli Scanned by Camscanner
Cleenish Renewal Co Ltd Company Urniled by Guarantee Indèpendgnt Examlnerfs Report to thè momr• of Cleenlsh Renewal Co Ltd Year ended 30 June 2018 As the tswtees laThl also Ihe dwECtu3 of the cpanY fL Ihe wrposes of coryny you Ccfftpanie5 Act 2(. Having Satisfd myseff that the thaiity Is not sutl8L Io under o)mpany law, aThJ is elva1b fr independent examinaticn. it rs my reSnsibIlIty to.. examine the aC0)ts under sectKJn 65 ofthe ChaTit5 Act Northem Irdand under secbcm 6519Mb) offv charl PLt Ba$ of independent examinerf5 reFVrt examination was carri8d out in wilh the eTaI DWeCtsS gNen by the Charity ComMi10n for Irnd sect 699Mb) of the Chaiilies Acl. The examinalion wYuded 8 of the acoJuntirvJ re)1$ kept by charity and a cc41)parison of tt)e accounts pyesented those records. It also IrUded rAJnsideratk)n of any unusual items disthsUs n Ihe acmjnts. seekirvJ exp18nations from Y( as charity tnjstees concerning any SLth matters. 2006 3. That the atr>wnts IS) rw)t vrilh the a¢0)untg of sectk)n 396 of 1he Companies Act 2006 and wrth the Met#S aTrJ princw of thÈ CharitEs Statemwt of Rec4)mwnended Practre CCNI ARR07 - supwxting dwJrrnt 7 Auwsl 2016 ap[Al¢ab to thantres prepatvig the aCUrts in actxxdanL Vrith Ihe Fmancial RerKxbng Standard aFpITht8 in the UK and Rewblic of Iland Independent examlnerfs ststement atove al. in connection with folowirvJ the DwectKffis of the Chwity CcrfnmissK)n Ncth Iretand, I have find no matters that requre dra*g to your atteftt. Address: 21(¥ TerThp) Qcoj. L-fi. 8Tqu8Bffl. Date: P NoNwn1 2019 Scanned by Camscanner
Cleenish Renewal Co Ltd Cornpany Llmmed by Guarantee Statement of Flnanclal Actlvltles (Including Income and expendlture account) Year ended 30 June 2018 2018 2017 fwKls Total funds Tolal fuThts 21,325 21.325 21.325 18.370 Totsl In¢om• 21.325 18,370 Exp•ndltvre Q7 27.124 27.124 31.406 31.406 Tol•l •xp•ndltur• 27,124 27.124 N•1 •xpndltur• and not mov•m•nt In funds {5.799) (5.799} 113.0361 Recon¢lllatk>Tr of funds Total funds bwht foThYdrd Totsl lunds Ca•d forward 108.562 lo8.2 121.598 101764 102.764 108. The statement offinancHI athibes Thsudes gains and hS rLwsed in the JW. Scanned by Camscanner
Cleenlsh Renewal Co Ltd Company Llmlled by Guarantee Statement of Flnanclal Posttlon 30 June 2018 2018 2017 Flxed assets Tangible fixed assets 11 365,578 CurY•nl •sets Debtors Cash al bank and in hand 12 1.824 128 1.824 161 1,952 CTedFt¢r8: amounts lalllng wlthln ong y Net Curnnt Ilabllltles 13 15260 14.581 13,308 12.596 Total assots less Thent Ilabllltle5 347.3S9 352.982 Crndftorg.. amounts talllTrg du• aftw more than one year 14 244,596 244.420 101764 108.562 Funds of th• charlty Unrestricted funds: Revaluat)n resep 3n.525 372,525 {269,761) 1263.9631 102.764 108, Totsl unrostrlcted fvnds 15 102.764 108.562 Nw.:ffaThJ are Sed t*haif of tKwd try: TreNYJr lfj ns Scanned by Camscanner
Cleenish Renewal Co Ltd Company Limlied by Guarantee Notes to the Flnanclal Slatements Year ended 30 June 2018 (tsity is a putli benefft entity orKI a 1¥81& (xynP limited ty guaranteè. reglsterod in Northem Ireland arKI a wistered charity in Northem Ireland. Th8 address ol regi8lered offKe 15 The CWish Ctre, IfjUywllin. Enr4sW Cryjnty Fermanagh. BT92 28T. Slalement of compllanc• These fmancial statemen15 have been wepared in cthnpliance wilh FRS 102. The Fin8rKlal RerrfxliTrJ Standard applicable i) UK and the Republ ol Ireland.. the Statement of Re(Miended PraGtr aprAThb to charilitt reparing their ac£rMJnts in accordance with the Financi81 Rewxting Standard applicable in the UK and RewbE of Irnd (FRS 102) (Charities SORP {FRS 1021) and the Charibes kt (Ncthm Ireland) 2LX)8. Accountlng polldes Bas1$ of preparallon The finandal statements have been prepared on tha historal st basis, as by the revaluatK)n of Lwtain finanLxal a55ets and labilitss and investrnent WCPer measured al fair The financial slatements ae prePed in stslwwJ. thiEh is the knct)nal ijjrrenw oflhe entity. Golng concern (xjntinuing to fvnd any SIK311 vthile the thity (xyttueS io murfe selr. Fund accountlng UnrestI1j funds ere avalabfe use at 1he dkncreli CA the trustees to fUrtr any of the Ihrou*h the tefms of an ¥peal, aThJ lan into one of h¥0 sutkdasses: rest inc hJrKIs endow71 fiJThJs. Scanned by Camscanner
Cleenish Renewal Co Ltd Company Umlted by Guarantee Notes to the Flnanclal Statements Year ended 30 Junè 2018 Accountlng pollcl•s (¢thithMMd) Incomlng rnsourceg AJI Inc>Jmlng rnsourtes are KKauded in ts statement of financial actpiits when entttlement has Passed lo th8 thaty. it pIthb thal Ihe ecorKMk tenefits asso(#aled vth Ihe transact)n fknv lo the dwty aTrJ tho aThbJunl can rElo1ty meayjrwj. Tr folkmiig specfft pc4ths are applied to p3rtioJar ralewles of intomè: grfL reI is Ible a1 its arrnunt bè measured relrabty. Inc>)mè from dcffiated gCLS 15 measure(t at the far vahje of gwd$ unlw Ihrs 15 impracli(l lo measure reliBbty. vi (gse th8 va0 i8 derNed Ifn th8 ccksl lo donor or Ihe estimated resale value. tknnated fatilittes aTMI seryices are rwni5ed in thè ac&yJnts when receNe(l rf the value can be reliabty measured. No amounts a rfuded for ojme from (Thtrads for the SWFty of SeThi is le(1a wih the d81rvery irf Cn1rdcted serwce. Thts is dassrfEd as unrestricled furwjs Lmless there is a cg)ntrxtyal requirement for il to te a partK#Jar wryose 8rMI relumed rf unspenL in case 6t may te regarded as restrthd. Expenditure is rwnised on an acsiJaL% basts as a liat¥ i8 fAled. Exp¥KliWre wKJJes any VAT cannol be h]ty recovered, and i¥ daSsI under headvMJs of the statement of expendilure on r8isiig fimds ydeS the ots cl dl fundraiswu aLapiitw. e¥ts. ncfi dritab trdding acbvl1, and the sale ofdonaled gcods. exrtUre thariktrde adr4it*s al sts by a (knity in undertaking activitw that thaiitabfe aims benefil of rts benefvari8S. iFthing actiwties. other eKIllUTe kId85 all eXp11e that 15 rith rthted lo rai5iig fijnds f(Y the attrtmrtth to a slrvj are alk)r£led direth lo that actr¥ity. Shared costs are aptid Tanglbl• aJs•ts Tangknle assets are iniliaty wxded at subwuenty stated at ojsl less any accNILted detion and impawment k)sses. Any kwgible assets carried al fvvalued anNyJnts are wxded al the lak value al the dale of r?valuan kn any SUbSefit Scanned by Camscanner
Cleenish Renewal Co Ltd Company Llmlted by Guarantee Notes to the Flnanclal Slatements Year ended 30 June 2018 A¢coundng pollcl•s (tfyrfm Tanglbl• assèts An infftase in the Carywng amount of 8n asset as a re5uft of 8 revahJal)n. ts rectynlsed in Other rewised gains and losses. unless it reverse5 a charge inpairment that has previ)usty b8en (C1$ed as expendtturn Ihe slalemenl of financi81 acbvrties. A decrease in the c8WrfJ amunl an assel as a result of revalualirm. is reccgnised n other rectsJnised gains and thses. exwt lo lch ii offsets any previous revaluatiM gain. in whth case the k)ss is shcMTr Vilhin other rettoniwj plns a1 k)sses on Ihe stalement of fmancial adi¥its. O•pr•clallon t)epreualN)n Is cblated so as to 119 off the cost or valua11 of an asse( less its resKlual value. overlhe useful econom life of thal asset as folrNS: Lease assets- 51rdwJht line over thè life of the lease Fixtures. filtings and equInt- 15% reduring balar Impalrm•nt of fixed assets 8mount b"ng eslirrrdted SLth 1TrJicatS exisL th8 Carrng value exceeds th8 recx)verdble amourrt. the asset is Prw]r irrpairments are abo rev fof Fcf th8 W>se$ ol Nnpairment testw&, ¥rtn it Is rw)I to estimate the recrNerable amourrt of an individu81 awL an eslimate is mJe of lh8 re(x)vwth alr1 of Ihe ca geratire unit lo the asset iekngs. The unrt is th8 srnailest identifiab grwp of assets Ihat indudes the asset and gerat85 cash inlh)vts trHt lary indeent of the cash inlk)ws frcth ollw assets pS of assets. For Imp8Thnt testirNJ ot gxtyMI. acquired v) a ISIr runbiiaticn is. from acquisibon dale. ak¢ated to eath of Ihe castsgenèrnlN)g urits that e eyreeted to Eenefit from are assKJned to Ih)se unts. Flnanclal In8trumw A narTraI asset or 8 financial liabilty Is rK(yJnr*l when Ihe tharity Lw)nw a paty to the rmtractrjal of the knStDJrr. Bas ffftafwl yt5tn arn initwlty reColSed at ts amnl wp4ablè or payth widvding any related tra¢ costs. Scanned by Camscanner
Cleenish Renewal Co Ltd Company Umlted by Guarantee Notes to the Flnanclal Slatements Year ended 30 June 2018 A¢¢auntlng pollel•s Flnandal In>trnmeDts IhThere NivesbrÉnts in shares are publidy trade(1 Iher lair vthè can otheise bè measLKed reh'atty, the hive5trnenl i% subsequenty measured at faw vahje vrith charvjes in fair vahje recoJnTsed in irK¥)me aThJ ey4wKlibJre. All ollw such KNestrrts e subsequently Irasured at 51 less impaim7enl. Other financial instrumenls. indthling dw1va. are rtllY rerywi5ed at far v8fvJe. unless PaynnI an asset is deferred teyond ncal bjsiness lèms or financed al a rale of interest that is a mket rate, case the asset is measured at the wesent value of the fvlure payThrrts dk%oJunted at a market rdte of Intttest lor a siniL8r debt instnjmenl. Other fmanual instruments 8Te SubsUenty m885ured al falr Wa. wilh ary ctrorvjes rec£Jnised in the statement of fnal &thI15. With the exfptil of hedging instruments in a Financtal assets that are aSUre at cost or arrvxtised (t are reviffwed for ot1tiVe ewdence of impaimnl al the end of each retxybng dale. If there i8 (ti1Ve evKletKe of wnpainnenL an Irment Itss is rectwised der the apprOate heading in the Sts1ennt of financial For al equty instruments regardless ot s5nance. and other rtal assets that are indNidualty skJnificanL are assessed [allY impawmenL Other financi assets are Any re¥efsaLs of knpaimnt are rec£wlsed imm&Jial, to the extent that the reversal lkns not resull Ml 8 cwryirq armunt of the f)(181 assel that exd$ the taryTy aM(t Myjuld Llmh•d by guarnnt•e The Tt i% a tJ)mpany limiled by gurnlee and has no shar8 Ca1. In thè event ofthè charity w(wnd up. the lbilty in resp&# ofthe gUatee is llnited to £1 per ofthe lty. Chwltabl• actlvl Unrestrkd Total Fumls u1yeslrKt Total Funds Funds 2018 FuThJs 2017 21280 45 21,280 45 18.370 18,370 Total IrKJfft 21,325 21,325 18.370 18,370- Scanned by Camscanner
Cleenish Renewal Co Ltd Company Limited by Guarantee Notes to the Flnanclal Ststements Year ended 30 June 2018 Exwidliur• on charfl•bl• actMU•# by fund type Unreslrthd Totsl Funds Unrestrkted Total Funds FwK15 2018 Funds 2017 Admty type 1 SuPF crtsts 9,826 17,298 27.124 12.432 18.974 31.4C6 12,432 18.974 27.124 31.406 7. ExndItre on charllablg •ctl¥ltl•s by acdvlty typ• Tolal furmls Total fund 2(118 2017 Actswty tyFe 1 12.432 17,298 18.974 27.124 31.4C6 . Net expendllw• Net expenditure 15 Stated afterchargingl{irnliting): 2018 2017 4.910 5.078 The totsl staff costs and employee benefits fr>r the reporting perlod are analysed as follo 2018 2017 Wages arKI salaries The avtrage CnI duthg ts yearwas 1 {2017: 1). No empwe rKeived ewyk)yee benefts of rrm Ilwn £60.Cth the yaar {2017: Nll). 10. Trust•e r•mun•ratlon and expenu• p3ynnts. Tntslees have pall Charity expenses from time lo Iwne these expenses have been vwifiod and added lo the balance of mmigs to Trustees as shch¥n in Note 14. M fthEd to Tntstees 15 entY made up ol krd dyectry k> the charity by TnJ51ees on an Inleresl free basls and Charity exSeS paid by Trnslees and therealier lrnated as a loan. It is Jr88d betren Ihe Trustee5 that pa1 of Ihts k)8n be retw¥ed untl Ihe Charlty fan pay it wilhcArt it fmanc1 dffthty. Scanned by Camscanner
Cleenish Renewal Co Ltd Company Limited by Guarantee Notes to the Flnanclal Statements Year ended 30 Juno 2018 11. T•nglbh fix•d ass•ts LoThJ leasehokl Plant and Total At 1 July 2017 and 30 Jun• 2018 D•preclatk*n At1 Juty2017 Charge for ihe yoar At 30 June 2018 388.709 17.484 4CÉ.193 28.919 4.042 32.961 11.696 40.615 4,910 45,525 12.564 Carrylng amount At 30 June 2018 355.748 4.920 360.668 5.788 365.578 AI 30 Jun8 2017 359.7 2018 2017 1.824 1.824 1& cl11015. amounts falllng du• vrtthln on• 2018 2017 Bank loans and overdrn Trade trdit$ 8.036 5.630 1,565 15.260 14.581 1& Cr•dltors: amounts falllng du• aftor morfj on• y•ar 2018 2017 Bank k)ans and ovudrafts 169.702 179.611 pathpatirvj InteSt 74,894 244.596 244.420 11 Scanned by Camscanner
Cleenish Renewal Co Ltd Cornpany Llmlled by Guarantee Notes to the Flnanclal Statements Yearended 30 June 2018 1& Analys1$ of charltabl• fimd• Unrestrlct•d funds At 30 JU 201 1 July 2017 General funds Revaluat*)n reseTh (263.9631 372.525 21.325 (27,124) {269.7611 372.525 108.562 21,325 (27.124) 102,764 At Inc(¥rE Expenditure 30 Jun• 2017 1 Juty 2016 General fiJnds Revaluation reserve 1250.927) 371525 18.370 (31.4C6) (263,9631 372.525 121.598 18.370 (31.4() 108.562 12 Scanned by Camscanner
Cleenish Renewal Co Ltd Company Llmlted by Guarantee Notes to the Flnanclal Statements Year ended 30 June 2018 1& An8lysl8 ol Inwn8 and Exp•w$ (All Unrostrlded fvnds) 2018 2017 21280 45 18.370 Dcatn8 Totsl IrKxyne 21.325 18.370 FfNxJ purch8SB5 Wages Ught & heat 1.632 2,814 Rent Water rates Repai and mawrtena Insurance Cleaning n CK)nS Telephone & intemet Bank interest- overdraft Bank interest- knan Bank cha 100 273 380 2.510 124 172 716 2,453 6,728 440 554 119 11 123 196 743 9211 267 4.910 5.078 Tolal Eypms 27.124 31.406 Net Intt#ne l (&799) {13.036) 13 Scanned by Camscanner