COMPANY REGISTRATION NUMBER: N1059605 CHARITY REGISTRATION NUMBER: 1010 Cleenish Renewal Co Ltd Company Limited by Guarantee Financial Statements 30 June 2024
Cleenlsh Renewal Co Ltd Company Llmlted by Guarantee Flnanclal Slatemenls Year ended 30 June 2024 Page Trustee's annual report {incoTporating the directorfs report) Independerrt examiners rep(xt to members Statement of financial activities (incIling income and expenditure accounl) Statement of financial position Notes to the financral statements
Cleenlsh Renewal Co Ltd Company Llmlted by Guarante8 Trustee's Annual Report (Incorporatlng the Dlreclor's Repor1> Year ended 30 June 2024 The Irusleo, who is ajso direthor for ihe PUryK)se5 01 compary law. wesenls his rert and the rnancial slaiements ol the Charity lor tho year erxled 30 June 2024. Roler•n¢o and admlnlslrall¥• d•lall• R•glst•red charfty Nm• CAe•ntsh Ronv•al Co Ltd Charlty roglslr•llon numb•r 1010 Company rnglslrntion numbw N1059605 Prln¢lpal offlce Ind Th8 Cleeiish Ceth, Kli Bellanaleck. Co Fermanagh, BT¥2 2BT The Irt1ee Trevor Kingston George John$lon l¥latyn Ne Structurn, govgm•n¢e and mifiag•m•nt The Ofganisallon ts managed by the Trustees r$on dtrect day to day operbns o by part-lime slatt, volunteers arrfl the Trustees themsehes. Oblo¢llves and acimlles The principal objectives are to further the Christian Faith through the provision of accommodation and confefente facilities lorspiritual Reflection. Christian Fellowship & ChTlstian Outreach. Strateglc report The lollowg $ectlons for achievements arwj and financial reviww lomi the stralogic report ol Ihe charity. Achlevements and perforniane• The Charity continues to provide accommodation and Servi to bts tsrget groups. Flnancl81 revlew Still in 2023124. the incorrt from Charitable Activities continues to recoverfrom the effects of the Covid pandemic and in the meantime the charity is SUPPOrted its Trustees.
Cleenlsh Renewal Co Lld Company Llmlted by Guaraniee Trustee's Annual Report (Incorporatlng Ihe Dlre¢torfs Report) {¢onth Year ended 30 June 2024 TN8te•'s respoThslblllikns sthiement The tnjslee, who is also a director lor Ihe wrpoges ol company law. Is responsible lor preparing ihe INslee's rep)rt aThJ the linwal alemenls in accOrdare w5th aFplKable aNJ Unil8d Kingdom Accounfjng Standards (Unlied Klrh)Jom GeneraNy k¢epled Accounting Practke). Company law requlres the charltytruslee to prepare finarKlai stalements for each yearwhkh glve a true andfaiTviewol the slate otaffaiT5 ollhe charitable company andthe [rNn9 Tesouices aryj appkalion ot iesources, induding the income and expeTh'luie. lor that perio(L preparing these finala1 stsiernenis. the trllee 15 rwwired10: seled suitat4è ac¢ountiw and then apply trm cSi%tenty. observe th& mot1dS prvKiFles in the aFf1rab Chill SORP.. makèjudgmenls and actounting estimates that are reas(Thbbè and prudent slale vthellw appkable UK Startlards have been lofA>wed. sutr4.ect to any malerlal departures disdosed e)¥4ained in financial stalennts. prepare the finarla1 statements M Ihe going cornxn basts unless it is Inaprryrtale to presume that Ihe charity wll corrtiiue in sness. The Iruslee is resFQnSe lor keeping adewale accounliNJ re¢ords thai are s•?n1 lo sh)w and explain the charity's Iransactions and dtsckise with re&sonat4e accuracy at any time Ihe finan¢kl1 posilion ollhe charityand enable lim lo ensure Ihallhe financial slalemenls complywith the Companies Act 2CI)6. He is also respMsible lor safeguarthNJ the assets of the tharity and herKe lor lak reasonable steps lor the preventi aTrJ delecbon ol tra1 a1 other irregufaTities. c¥mprns exemplw. The trustee's annual rep)rt aThl the strategic Teih)rt were approved on beham of Ihe board ol Iruslees by: signed on Trevor Klngslon eorg ston
Cleenlsh Renewal Co Ltd Company Llmlted by Guarantee Independent Examlnerfs Report to the Members of Cleenlsh Renewal Co Lld Year ended 30 June 2024 I report on Ihe a¢Cthts the cw tor ** year erthl aoJe 2024. *thlch afe sd oulon pages 5 to 14. Respedlve responslbllltleg ol ¢harlty Ifusteèg and enmknor As ihe charity trusteès (and also the dirtors ol the coThpany INthe purposes of cofflpany law) you are responsible lor the preparalK)n ol the accounts In a¢¢tydance Mih ihe Nulremenls ol Ihe Companles Act 2006. Having satisfièd mysetr that tharity i8 subpct lo audil under ¢ompany law, and is ehgtile I Ir4JeFendenl examination, il i8 my reswnsibity lo= examine the accounts under section 65 01 the Charitie5 Act lollow the procedures laid down in tre general DirectnS liven ty the Chaity CtyMmissKJn for Northern IrelaThJ reT section 6519llbl ol the Charfties Act slate wholher partilar matters have comg lo my allentio Basls of independent examlnerfs report I have examined your charity accounts as requwed uder section 65 01 the Charities A¢1 and my examination was rrIed out in aldance with the goneral D¥8ctions given by the Charity Commission lor Northem Ifeland under Sec1 6519llbl ol the Char[[S ACL The examinalion irtluded a rewew ol the accounting records kept by Ihe charity and a Mparis0n ol th8 accounls presenied with those records.11 also irKluded consKleralion of any unusL41 ilems or dts¢losures in the accounts, and seeking expfanalions from you as chaiity trustees cortemiry any such matters. My th is to slate whether any malerial matters e lo my attenlion gr¥ing mtr cause lo believe: 1. That accountiryj records were Th)1 kept in acc(MdarKe with 386 01 Ihg Companiès kt 2. That Ihe accounts do not accord Imlh those ao)JJnting recuds 3. That the accounls do not compty wilh the a¢tounlyng rUIrements ol sedion 396 01 Compankes Act 2QJ6 aryj with the rngtlwjds and wnciples ol the Charilies Slalement ol Recornmendgj PraC1e CCNI ARR07 - sutv)rting document 7 A3$1 2016 applicable lo ¢harilies preparing their acccAJnls in accord9 wilh the Financial RepoTtsng Standard apF4icabk in the UK and Republ¢ ol Irelar 4. That there is further inf(xmation wded lor a prow urKlerstanding of the accounts lo L reached.
Cleenlsh Renewal Co Ltd Company Llmlted by Guaranlee Independent Examlner's Report lo Ihe Members of Cleenlsh Renewal Co Lld Year ended 30 June 2024 Independent examlnerfs ststement I havo completed my examirHlion a1 havo in Spect ol the fflatters11110141 lisled above and. In connection with lollowlng the Dliecllons ol the Chartty Commisslon lor Northem Ireland, I have nd no matters that require drawing lo your atten1. Name: Emm 274 Tempo Road Tempo Enniskllen Co Femanagh BT94 3BH Dale:
Cleenlsh Renewal Co Ltd Company Llmlted by Guarantee Statement ol Flnanclal Actlvltles (Includlng Income and expendlture accounl) Year ended 30 June 2024 2f23 Totsl lunds Unr•strlcted fund¥ Tol•l funds Income And end¢Nments Charilable a¢lNits 30,978 30.978 24,621 Totsl In¢om¢ 30,978 30,978 24,621 Expendllure ExF¢ndiluie on charilable a(vils &7 29261 29261 26,051 Totsl expendllurn 29.261 29261 26.051 Nel expendIrn and rt mo¥ement In fvnd$ 1.717 1.717 11,430) Reconclllallon ol fund$ Total furvjs kmghl loard 11.934 11934 13,364 Tot•1 lunds C•Trled forn•nl 13,651 13.6S1 11.934 The slalemenl ol finarKial activities in¢knles all gains and bsses recognised in the year. AJI in¢(ffie and expenditure derive from conlinuiryJ ¥tivilies. Th• notes on p*ge$ 111to 16 forni part ol thu• fin•n¢lal st•tern
Cleenlsh Renewal Co Ltd Company Llmlled by Guarant•• Staiem•nt ol Rnan¢lal pIllon 30 June 2024 Rx•d ••••l• Tar¥Jth liy&l assets 11 2.415 125 Cash ai bar aTr in hpaxl edltorn: Mbounts laHkng wnhln one y#r N•1 ¢wrnnl lknblllll•• 13 12,069 10,069 Totsl usets Il•lAlhles 241,374 246.958 Credltorg: amounts falllng •fter morn th•n on•y 14 227.rtd 235,024 Funds ol the chwlty Unrestricted fvnds: Revalualion reserve Other wwesbKied IT lur 287,525 273 874 287,525 275.591 Total unresirlcled lunds 13.651 11,934 Tol•l ¢hartty funds 15 ial statemenls were aFvoved ty the board ol Intstees ar¥J authoris8J ts issug L6 arKI are sijned on behall ol Ixjard by: fvangston n$ton Th• not•• On p•9M 10 10 16 lorni pwl olth•s• Ihw¢lal l•l•nwnl&
Cleenlsh Renewal Co Ltd Company Llmlted by Guarantee Notes lo the Flnanclal Stalemenls Year ended 30 June 2024 G•n•rnl InlMn•tkn The charity is a wblic b•rf entity aThl a rIal8 company &miled by guaranloo. fggi$l•r8d In Northem Iretand and a registered charY in Ncrfthem Irelar#J. The a&YfOSS of th? I)$[er8d oir Is The aeenL5h Cfft, Emlsklllen, Ferrnagh, BT92 28T. I Siat•m•nl ol compllanc• Thè$0 finarKial stalemènls have beon yepared in ¢omplianc8 wilh FRS 102, Tho Financiar ReportiThJ Standard applicaL48 in the UK and the RepuL4rc ol Irela1., th• Slalemenl of Recommended Pfadi¢e lo Charit preparing Iheir accounts In accordanc¢ with tho FInala1 Reportng Standd aOKable In UK and Repubk of Irel IFRS 1021 Icharlties SORP (FRS 1021) arKI ihe Charities A£t INorth8m Ireland) 2c. Aeeounllng polldos Basls ol pr•paratlon The finala1 slalements have been prepared on Ihe lisloital cost basls, as modrfle(l ty the revaluation ol certain finanoal assets and lthilitEs arml investment properties measured al fail value through irKome fm expendilure. The linancial statements are kvepared in slerlrg. frtich is Ihè fvn¢iNal lre ol the enbty. Golng concern There are no mater6al uncertalntss aboth the dlS atilty to conlknue. The trustees are continuing lo lund any ongtyng shortlaS1 whil8 the drity continues lo nKve knyards b6iThJ sel lunding via its charitablg operalions and donalKins. Fund accountlng Unreslricled fvnds are avalable for at the of the trustees to lufiher any ol tl charivs purFoses. Designated fu1$ are uTheslricted lurnts eaM by Ihe Iruslee for pthcular fviwe wiect or commiimenL Restricted lunds are subjectoj to reStrt)ns0n Itwexper*Jilwededar8d by the doMroT through the iènns ol an aKpeal. and lall In one sUa$S8$. rgslricted incomoluThds LY gndowment lunds.
Cleenlsh Rènewal Co Lld Company Llmii•d by Guaranle• Noles to the Flnanclal Stalements Year ended 30 June 2024 AKounllno poNel•s All I•vJw ar• InclKled In th• th1oml ol IInwla1 ¥£lfvlI9 when enilil8fflenl has passed lo Ihe charity: R Is pro8 Ihal the enOn benofils assoclaled wlh the transactlon wll )w to thg chwty ar%1 the anrn can be rela measured. The folkrwlNJ spe p)Wes are 4pplwd to p8rt>lar ¢alegories ol wKorne: lffjm otIra or wanls h r•wi$ when th is OVKlenco ol enliuomonl tho ft. rKdpt1s arnl Its am(xmt on be measured reliably. legaw is re¢(wised Ttn is arnl onlillenwi is e$tstrAiSP. from thnated gty)ds is ftwswed al tho lair vakn ol 9aS un155 IIMS 15 npradi¢al lo rnasuf& reliabty. in wtth case the ¥alug is derNed from the ¢05110 Ihe dortor or estimaled reIe value. Donated laulilies ar#Y seNi¢¢s are recognised in the aeeounl$ when rec•ved il the vlue can reliabty m8asurod. No amounts ar8 ixluded lor Iho c0n1fthli ol genwal ¥oluniggr& cTh from ccthcts ol swvices ts wi8•J with the delNery ol tho contracted serbKe. This is classiltil as estricted fund5 unless there 1$ a CntraCtUal rgquirèm9nl lof it lo be spent on a parlicular arKI retum8d rf unspent. in which casa il may be regathd as resthCl. Resources expended Expenditure Is reCTrjni on an a(xxuaLs basi% as a liaNty Is Iwred. ExperKlrture Ir¢hth any VAT whh camol be lulty Tecthred, aThJ 15 dassrfd uthr headygs ol the stslemenl ol finarKlal activities to wthh il relates: 9x111vre on raising frJKfs indL¥Jes the costs of al lurthisMvJ athiiies. events, non charitable tradi acllvilies, al the sale of donated 9. exp8MlitLrn on charitatAe aclivili8s Ythles al costs by a charity li uThJertaking acbvities thal further ils charilablg m5 kn Ihe benelil ol its beneficiaries. including those SUFPOrt costs and ¢osts relab'rwj lo the g)vemw ol the charity apwtioned lo ¢haritabte activitles. olh8foxF*nditLYe irthdes al èxwxJilur• Ihatis nththef r•lahlto raising luThd51orlh8 charity nor part ol its experrfrture on ¢harilabl8 activibes. AEI costs are ated to experKlittffe calewies relleclirwj use ol the resource. Dwect cosls attrilxjlable lo a slngle activty are aldIed directy lo that Xr1ty. shed eos15 are app)rtbned behveen the auNilies they Ctrite lo on a rea$able, justifiable and ¢on5isleN basi%. Tanglble asgel$ TarKJible assets are inilialy reCded al cost, aTrl subsequenlty staled at coslless ary accumulalod deprecialKJn irnwrment105se5.Any tangle assets carried al ievalued amounts are Tecorded al the lair value al Ihe dale ol revaluatn less any subsewerf accumufaled deprectalion and subsequent ac¢umukiled irnwrmenl kisses. 10
Cleenlsh Renewal Co Ltd Company Llmlled by Guaranlee Notes to the Flnanclal Slalemenl• Yèar endèd 30 June 2024 l Aeeounilng pollde• T•nglbh •s••l• An Ièage kn th? anN)url ol an ass8t a8 a Iwlt ol a 18vthailon.lg ro¢ognl#ed tn har reccJnlsed oakn8 and k)ss89. unl•s$ It r8v8ises a charge lor Impalrmènl Ihal has prwlousty b•on rec(¥Jnlse(l as exwdltwe wtthln Ihe Slate1 ol lknanclal acthttles. A decreaso In the carrylrvJ alrn1 ol an assth as a resuh ol revaknalton. Is re¢ognlwJ In other Tewnlsed gains and bsses, except lo whth 11 011s$ any Kwevlous revaiualJn galn. in whkh case th910$8 Is shown withln olhef rwnksed gains losses on the slalemenl ol linardal aclmlies. Depreellllon Dowecialion is cab>Jlaled so as lo wrile oll cosl orvaluailon ol an assel,1g$$ 11$ resklual wa, over the useftA e¢onom1Sle ol Ihal assel as lolows: Lease assels- SlTaKJht line over lile ol Ihe lease Fixtures, filliNJs aThd wthpmgnl- 15% d1rj b•lan¢o Impalrnwnt ol Ilx•d assets A review lor Mlicators of Impaimnt Is carrd out al exh Tep)rtiffj date. yth the recoveiable amount beiry est¥nated where such ical0rS exist. Where the carrying value exceeds the recoverablo amount. the assel is imp3red a¢¢cwdiNJly. Prior impaiments are also rewewed for posSifr revetsal at each rep)rting dale. F¢X the wrp)ses of impairmenl le51ing, when it is nol wJssit4e to estimale the recoverable anmjunl ol an indNidual asset. an estimate is mado 01 the recoverablg amount ol Ihe cash-g8narating unll lo whith the asset belg5. The ca5generatirO unit is ihe smal1 Klentiliable group ol assets that indwjes Ihe asset and generates cash Inllows that largefy lTrpendenl ol the Ga$h Inllow$ from other assets or groups ot assets. For impairmenl tosting of gooth¥ll, goodwdl wNred i) a tsInesS MbinatIon is. trom the acquisitson date, alocaled lo each ol the eash-generailng units that are expected lo benètll from the synergies ol the ¢ombination. ¥respeclNe ol whether other assets or lialylities ol Gharity a assigned lo those urmts. Flnanclal Ingtruments A fman(yal a55et or a financial lithThty is recc•Jnised Mly when the tharty berx)mes a poty lo the contractual prOvtsnS of thè instrumenL Basi¢ ffinan¢ial iments Niitialty recognised al tho anft1 receivabl8 or payabte includin9 any ielated transa¢lion ¢0& Curyenl assets aThl curnent abl1.es are subsequwrtty measured ai Ilwcash 0rotherconsAleraln exF*cted lo be paxl or (eceived Th)t discounted. Detl instruments are subsewenty measwed at amlSed cosL 11
Cleenlgh Renewal Co Ltd Company Llmlted by Guarant8• Note• lo the Flnanclal Slatementj Year ended 30 June 2024 Aeeounilng pollcl• (thil Fln•nclil thilNm•nl• Wherg Irr4egInIS In Sharès are trthd or th1 lalr va0 ean oth8Thlse bo rnoa8ured r81iatly, Ihe Irweslfflenl ig subsequenlty measufed al law ¥4& wilh chang88 in lair value rwnlsed In Income artl exrArKllure. Al thr Auch knveslments are 6thwnty measured at cost less Thpamenl. Olher finanual instrum1$, ffyknjinq derrrntives, are knrfially recognlsed al lalr value, unless paymenl lor an ass•t Is delwred yOrKI rnal bjskness lerms or finarKed al a Tale ol Inleresl Ihal is a market rate. in caso the assel 1$ measvrod al th8 presonl valu8 01 tho luluro payn*nts discounted markel rale ol inleresl for a yrnilar debt instrument. Olher financial inslNments are SLtheynlty rneasured al lair vakje. wilh any thanges recogrmsed
i Ilw slalemenl ol finawl acti11¢$, with Ihe excepDM ol hethjing Inslwmenls in a designated
rn1alKXh4l. Finartial assets Ihal are mgasured al c¢sl or aryrtis¢d ¢ost are lgwewed IOT objective evide of irrpalmient al the end ol each reporDNJ dale.11 Ihwe Is obJe¢¢fve evidence ol Impalmienl, an paine loss Is rniSed under ihe approprlale headiTrJ In1ho slalemgnl olllnan¢lal activitle$
i whKh thè iiwlial gaNI was recfyjnsed.
For 41 eqvty instruments gardleSS of sh3nifrarKe, an(1 other financRI assets that are iTrJNidually signifKanl. IPè are assessed irnlivwJualty lor imwmienl. Othw finarKial assets are eiiher assessed iThlNKlualy or grouped on the basis ol &milar credit Ik characleristics. Any Miersals ol Inyairnnl are ieu)wised wnmediately. lo Ihe ext1 that the reversal (h)es not res¢Jt in a carrying amount of the linartial asset that exceeds what Ihe carryi)g amount would have b88n had tho impayment nol prev#Justy b89n recogni59d. Llmlled by guaTanlee The Twsl is a rnPanY fimiled by waTanlèe and has no share capital. In Ihg event of the charity beirwJ w0d up. the liatxlity in iespect of the guarantee is limited to £1 per member of the charity. Ch•rllable adlvltlej Unrestrlcted Total Funds Unrestrlcted Fund$ 24 Fundg Total Funds 2023 Income Irom chariable aclMiio$ DcatIonS Total Income 30.978 30.978 24.621 24,621 12
Cl88nlsh Rènewal Co Ltd Company Llffllt by Gu•ranl•• Notes lo the Fln•nclal Sl•lemenls Yèar ended 30 June 2024 Eyftdllurn on ChlbIl •eiMii•• by tMI typ• Unmlrlct•d Tot•1 Fund• Unv••lrfcl•d Tol•l Fund• Fund 2024 Fund4 I01 12,915 12.915 11.732 11,732 Exp•ndnur• on ch•rfl•bl• KtMtl•• by xllvlty typ• Tol•l ldI Tol•l fund 2023 tytype1 11915 11.732 14.319 14•t •xp•ndAur• Net expenditure Is 5tsted after thargingllcredlti). Dewedatkin of tarotle frAed assfjls Staff costs The total staff costs arvj employee benefft5 forthe porting period are anaSed as foll(yws: 2024 1.784 The avernge head c(wnt ol erylow the yearwas O (20¥J: 01. No emF4oyee reeeivthj employee benefrts of fte than £60.l duriro the year12023: frthD. Twslee renwnerntlon expens Trustee5 re¢eNe no rernuneTation trorn Cleeni8h Renewal Co Ltd. Trustee5 receive no expenses payfflent$. Truslees havg paKI Chartty 8xpenses Irom lirne to time these expenses have been verikd and added lo the balar ol rnonies owed lo Truslees as S)Wn in Nolg 14. Money owed lo Twslees is eni¥ety made up of money k)aned dir• to the charity by Twslees on an interest free basi5 arKI Charty expenses by Trustees and Ihereaher treated as a b)an. 11 is agiggd btheen Ihe Trusiees Ihal payment d 115 b)an rowi umil the Charly can pay it without causirKJ it financid dIully. 13
CIo8nlgh Renewal Co Ltd Company Llmltod by Quar&nta• Notes Io Ihe Fln•nclal Slalem•nl• Y••r •nd 30 June 2024 11. TMglbl• Ilx•d •J•rt• Long l••s•hold proporty Pknnt mKhS1ry Total Al l July 202) and 30 n• 2024 303,709 17,484 321.193 D•preclallon Al 1 July 2023 ChAry• lry lh• y•aw 51,470 3.12 15,301 .42 66,771 3.519 AI 30 Jun• 2024 54,662 15.628 70.290 C•nylng amount At 30 June 2024 AI 30 Jun• 20ZJ 252.239 2,183 254,472 11 D•blorn Prepayments afKI x¢rwl irorne 11 I11014.. •mount• lalllng duo wlthln on• y•ar 2024 Bank k)ans aThJ ovwthalts Trade credrtors Soual segJrity and other taxes 8.036 8.036 12.069 10,069 1& C4edilors: amounts lalllng due after more than year 2024 Bank kjans ovwdrafts Amounts owed lo Twslees 129.153 98.570 138,614 96,410 14
Cleenlsh Renewal Co Ltd Company Llmiled by Guaranlee Noles to the Flnanclal Slatemenls Year ended 30 June 2024 1% An•ty819 ol ch•rft•ble lund• Unrnstrlded lunds Lknrestrlciod funds At 30 Jun• 2024 Al 1 July 2023 kncomo Expondituro General lur¥Js RalUatiOn resery• 1275.591} 287.525 30.978 (292611 {273.874} 287,525 iJuV2022 ome Exp8ndllur• At31Klun82023 General lurnds Revaluation reser 1274.161} 287.525 24.621 126.051) (27S,591) 287,S25 13.364 24.621 26.051 11.934 15
Cleenlsh Renewal Co Lld Company Llmll•d by Guarani•e Notes lo the Flnanclal Slalemenlj i¢thi*M¥dJ Year ended 30 Jun• 2024 1& AMI1• ol Ineom• •NI Exp•nwg (All Unrngtrfctod fund•) 2022 IrKome frrJM grnips Covkl Grants Bank inleresl re¢eNed Donaln$ 30,978 24.621 Tclal 30J78 24.621 1.054 1,784 3.787 Wages ght & h&at 2.930 Rent Waier rates Rewrs aTrY maintena8 Insurance CleaThng Bin collections Telephon& & inlem•t Bank interest- ban Bank charges 615 2,632 350 12,781 47 10.463 DeprealK & unpawnnI Total Exwnses 29261 26,051 Nel Irm& l Expertses 16