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2025-07-31-accounts

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Charity Registration No. NIC101109 (Northern Ireland) Company Registration No. NI620647

ARMAGH PIPERS CLUB

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(A COMPANY LIMITED BY GUARANTEE)

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

ARMAGH PIPERS CLUB

(A COMPANY LIMITED BY GUARANTEE)

CHARITY INFORMATION

Trustees BernadetteCampbell
DavidFlanagan
EithneVallely
PhilipRea
RuthAcheson
Siobhan Scowcroft (resignedMarch2025)
Thomas Smyth(resignedFebruary2025)
JohnBValiely
JudithMcClenahan
CelineDaly
ThomasO°Hanion
Secretary CiaranOMaoldin
Companynumber NI620647
Charitynumber NIC101109
Registered office 12-14 Victoria Street
Armagh .
BT61 9DT
Independentexaminer PGM CharteredAccountants
12 WindsorAvenue
Lurgan
BT679BG
Bankers UlsterBank
7 UpperEnglish Street
Armagh
Bi6i 7BL
BusinessAddress AonachMhacha
74-76UpperEnglish Street
Armagh
BT617LG

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ARMAGH PIPERS CLUB

(A COMPANY LIMITED BY GUARANTEE)

CONTENTS

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|||||| |---|---|---|---|---| |Page| |Charity|Information|2| |‘Trustees’|report|4-6| |Independent examiners’|report|7| |Statement of financial|activities|(including Income and|Expenditure Account)|§| |Balance|sheet|9-10| |Notes to the|financial|statements|1]|-17|

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ARMAGH PIPERS CLUB

(A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS?’ REPORT) FOR THE YEAR ENDED 31 JULY 2025 rRee peerrrp errs The trustees (who are also directors of the charitable company for the purposes of company law), present their report and independently examined financial statements for the year ended 31 July 2025.

The trustees confirm that the Annual Report and Financial Statements of the company comply with the current statutory requirements, the requirements of the company’s governing document and the provisions of the Accounting and Reporting by Charities’ Statement ofRecommended Practice, applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (effective 1 January 2019).

Structure, Governance and Management

The charity is operated as a Company Limited by Guarantee under Articles of Association adopted on 27 September 2013.

its Board of between five and eleven Trustees, who are also the directors of the Company, is elected by and from the membership of the charity.

The Trustees and other volunteers are assisted by remunerated administrative support from the Company Secretary, and the education programme is delivered by a panel of 24 hourly-paid freelance tutors,

At the Annual General Meeting held on 10 March 2025, seven of the serving directors (Bernadette Campbell, Brian Vailely, David Flanagan, Eithne Vallely, Judith McClenahan, Philip Rea and Ruth Acheson) were reelected, with Celine Daly and Thomas O’Hanlon also elected. Two directors resigned before the AGM (Thomas Smyth in February and Siobhan Scowcroft in March).

Objectives and activities

To further the charities purposes for the public benefit, the charity will apply its resources for the advancement of arts and culture, in particular the promotion of Irish traditional music and song, including the related music of Scotland, England, Wales, Brittany, Cape Breton and Asturias.

This will be achieved by delivering:

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ARMAGH PIPERS CLUB

{A COMPANY LIMITED BY GUARANTEE)

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT) (continued) FOR THE YEAR ENDED 31 JULY 2625 rr erent trypan

)

(v) developing links and working in partnership with other cultural organisations

The trustees confirm that they have had regard to the guidance issued by the Charity Commission on public benefit.

Achievements and Performance

This is the ninth year of trading for Armagh Pipers Club as a company limited under guarantee and 2026 will mark its 60" year of operation.

The charity made a net inflow of funds during the year ended 31 July 2025 of£10,026.

In the year under review the charity saw a total enrolment in the education program of 205 students, and some 997 hours of teaching were delivered.

The William Kennedy Piping Festival returned in November 2024. This ended it’s 30-year run. A smaller event, the William Kennedy Weekend, is planned for November 2025.

During the year, three Fonn Friday concerts were organised featuring visiting artists, along with a carols concert, a Burns Night celebration, the Club's Annual Concert, five family sessions and events marking International Uilleann Piping Day and National Harp Day.

Financial Review

The balance on the general fund at 31 July 2025 was £45,272,

General Funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance ofthe general objectives of the charity and which have not been designated for other purposes.

The balance on the restricted fund at 31 July 2025 was £7,580.

in addition to income generated from tuition fees, the principal funding in the year under review was derived from grant aid from the Arts Council of Northem Ireland's Lottery funding.

An annual Service Level Agreement with Armagh City, Banbridge and Craigavon Borough Council expired im April 2024 and a new open-ended SLA took effect from this date.

Details of ail restricted funds are stated separately in these accounts.

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ARMAGH PIPERS CLUB

(A COMPANY LIMITED BY GUARANTEE)

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 aeeresea perpen ee Going Concern

The trustees have reasonable expectations that the charity can continue its operations for the foreseeable future. For this reason, they continue to adopt the going concern principle in preparing the financial Statements.

Risk Management

The trustees have assessed the major risks to which the charitable company is exposed, to those relating to the operations and finances of the company and are satisfied that systems and procedures are in place to mitigate exposure to major risks.

Statement of Trustees Responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with applicable law and regulations.

Company law requires the trustees to prepare financial statements for each financial year. Under that law the directors and the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of the affairs of the charitable company. In preparing these financial statements the trustees are required to:

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable 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 for taking reasonable steps for the prevention and detection of fraud and other irregularities,

This report was approved by the trustees on 20 April 2026 and signed on their behalf by:

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Daw_ LEE. .we ad weeYS
John B Vallely
Trustee
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Date: 20 April 2026

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ARMAGH PIPERS CLUB

;

(A COMPANY LIMITED BY GUARANTEE)

INDEPENDENT EXAMINERS’ REPORT TO THE TRUSTEES OF ARMAGH PIPERS CLUB

I report to the charity trustees on my examination of the financial statements of Armagh Pipers Club for the year ended 31 July 2025 set out on pages 8 to 17.

Respective responsibilities of Trustees and Examiner

As the charity trustees (and also the directors of the company for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under charity law, and is eligible for independent examination, it is my responsibility to:

_[Basis][ of][ independent][examiners’][report]

I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records, It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.

Independent examiner’s statement

I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.

Paul McAreavey FCA

PGM Chartered Accountants 12 Windsor Avenue LurganBT67 9BG

Date 20 April 2026

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PGMCA| Ltd.
405 LISBURN ROAD
7 BELFAST
BT9 7EW
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ARMAGH PIPERS CLUB

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(4 COMPANY LIMITED BY GUARANTEE)

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 JULY 2025

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITUREFINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITUREACTIVITIES (INCLUDING INCOME AND EXPENDITURE(INCLUDING INCOME AND EXPENDITUREINCOME AND EXPENDITUREAND EXPENDITUREEXPENDITURE
ACCOUNT)
FOR THE YEAR ENDEDTHE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITUREFINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITUREACTIVITIES (INCLUDING INCOME AND EXPENDITURE(INCLUDING INCOME AND EXPENDITUREINCOME AND EXPENDITUREAND EXPENDITUREEXPENDITURE
ACCOUNT)
FOR THE YEAR ENDEDTHE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITUREFINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITUREACTIVITIES (INCLUDING INCOME AND EXPENDITURE(INCLUDING INCOME AND EXPENDITUREINCOME AND EXPENDITUREAND EXPENDITUREEXPENDITURE
ACCOUNT)
FOR THE YEAR ENDEDTHE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITUREFINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITUREACTIVITIES (INCLUDING INCOME AND EXPENDITURE(INCLUDING INCOME AND EXPENDITUREINCOME AND EXPENDITUREAND EXPENDITUREEXPENDITURE
ACCOUNT)
FOR THE YEAR ENDEDTHE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITUREFINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITUREACTIVITIES (INCLUDING INCOME AND EXPENDITURE(INCLUDING INCOME AND EXPENDITUREINCOME AND EXPENDITUREAND EXPENDITUREEXPENDITURE
ACCOUNT)
FOR THE YEAR ENDEDTHE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITUREFINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITUREACTIVITIES (INCLUDING INCOME AND EXPENDITURE(INCLUDING INCOME AND EXPENDITUREINCOME AND EXPENDITUREAND EXPENDITUREEXPENDITURE
ACCOUNT)
FOR THE YEAR ENDEDTHE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025
tte
yrrun
peepee rpc
, Unrestricted Restricted 2025 2024
Funds Funds
Notes £ £ Total
£
Total
£
incoming resources from: 3
Generating funds 40,178 80,209 120,387 121,787
Charitable activities 35,848 - 35,848 38,806
Totalincoming resources 76,026 80,209 156,235 160,593
Resources expended on: 3
Costsofgeneratingfunds 7,458 2,234 9.692 11,912
Charitableactivities 66,122 70,395 136,517 126,797
Totalresourcesexpended (73,580) (72,629) (146,209) (138,708)
Netmovementinfunds 2,446 7,580 10,026 21,885
Totalfandsbroughtforward
at 1August2024 42,826 - 42.826 20,941
Total fuuds carried forward
at31July2025 45,272 7,580 52,852 42,826

The statement of financial activities has been prepared on the basis that all operations are continuing operations,

There are no recognised gains or losses other than those passing through the statement of financial activities.

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ARMAGH PIPERS CLUB

(A COMPANY LIMITED BY GUARANTEE)

BALANCE SHEET AS AT 31 JULY 2025

2025 2024
Notes £ £ £
Fixed assets
Tangibleassets 8 27,832 34,789
Current assets
Debtors 9 3,334 5,806
Cash atbankand inhand 40,791 33,111
Creditors: amounts falling 44,125 40,917
duewithinoneyear 16 (11,956) (23,944)
_ Netcurrent assets/(liabilities) 32,169 16,973
Total assets less current
liabilities 60,601 $1,762
Creditors: amounts fallingdue
aftermorethan one year (7,149) (8,936)
Netassets $2,852 42,826
Funds
Unrestricted funds
Restricted funds
45,272
7580
42,826
-
Totalfunds 52,852 42,826

For the financial year ended 31 July 2025 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 of its financial statements for the year in question in accordance with section 476.

The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small Companies regime,

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ARMAGH PIPERS CLUB

(A COMPANY LIMITED BY GUARANTEE)

BALANCE SHWYET AS AT 31 JULY 2025 (CONTINUED)

Sania

The financial statements were approved and authorised for issue by the Board on 20 April 2026 and are signed on its behalf by:

John B Vatiely Trustee

Company Registration No. NI620647

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ARMAGH PIPERS CLUB

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

1 Accounting policies

1.1 Charity information

Armagh Pipers Club is a private charitable company limited by guarantee, incorporated in Northem freland. The registered office is 12-14 Victoria Street, Armagh, BT61 9DT and the company registration number is NI620647.

The charity is a public benefit entity as defined by FRS102.

1.2 Basis of preparation

The financial statements have been prepared in accordance with the Companies Act 2006, the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (ERS 102) issued in October 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act (Northern Ireland) 2008, and UK Generally Accepted Accounting Practice.

These financial statements have been prepared on a going concern basis under the historical cost convention. The financial statements have been presented in sterling, which is the functional currency of the charity.

The principal accounting policies adopted are set out below.

Income includes restricted and unrestricted funds. Unrestricted funds are funds which are available for use at the discretion of the trustees in furtherance of the general objectives ofthe company and have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund.

1.4 Tangible fixed assets and depreciation

‘Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write offthe cost less estimated residual value ofeach asset over its expected useful life, as follows:

Fixtures and Fittings 20% reducing balance Equipment 20% reducing balance

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ARMAGH PIPERS CLUB

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 etgg

3.5 Income recognition All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received,

income from government and other grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If the entitlement is not met then these amounts are deferred.

Capital grants are released to the SOFA in line with the expected useful life ofthe asset.

Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value ofthe gift to the charity. For example, the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure.

No amount is included in the financial statements for volunteer time in line with the SORP.

1.6 Expenditure recognition

All expenditure is accounted for on an accruais basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount ofthe obligation can be measured reliably.

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.

1.7 Cash and cash equivalents Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other shori-term liquid investments with original maturities of three months or jess, and bank overdrafts. Bank overdrafts are shown within borrowings in current Liabilities,

i.8 Debtors and creditors receivable / payable within one year Debiors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

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ARMAGH PIPERS CLUB

(A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

nieeeie

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset’s cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

1.10 Provisions

Transactions in foreign currencies are recorded at the rate of exchange at the date of transaction. All differences are taken to the profit and loss account.

1.11 Taxation

The company is exempt from corporation tax, due to its charitable status.

1.12 Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure and level ofreserves are for the charity to be able to continue as a going concern.

1.13 Cash flow statement The Charities SORP 2019 recommends that cash flow statements should be prepared for larger charitable entities, however the UK accounting guidelines also allow for smaller entities to elect not to produce cash flow statements. Armagh Pipers Club meets the definition of a small entity in terms of the UK accounting standards and the SORP 2019, The trustees have elected not to prepare cash flow statements in terms of provisions allowed to smaller entities,

  1. Judgements and key sources of estimation uncertainty There are no judgements (apart from those involving estimates) which have been made in the process of applying the above accounting policies that have a significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

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ARMAGH PIPERS CLUB

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

iittg.

3. Total resources

Unrestricted Restricted 2025 2025 2024
Funds Funds
Total Total
Incoming resources from é £ £ £
generated funds
AgtsCouncilofNorthern Ireland
OtherGrants
~
-
$4,560
2,234
54,506
2,234
49,292
20,334
Sponsorship&Donations&Gift
Aid
8,173 - 8,173 13,627
ABC CouncilSLA 10,800 - 30,000 13,333
ABCCouncilFestivalGrants
Fundraising
-
12,287
23,475
-
23,475
12,287
14,600
1,276
BoxOfficeReturns 9,718 - _ 9,718 9.325
40,178 80,209 420,387 121,787
incoming resources from
charitable activities
Instrument Scheme 750 - 750 980
Performance Fees& ServiceFees 1,775 - 1,775 2,720
Salesofbooks,CDsand
Merchandise
3,359 - 3,359 2,790
ExamFees 4,051 ~ 4951 3,747
TuitionFees 25,623 - 25,623 28,304
Membership Fees 290 - 290 265
35,848 - 35,848 38,806

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ARMAGH PIPERS CLUB

{A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

iin nt i pt

Unrestricted Restricted 2025 2024
Funds Funds
Resources expended £ z Total
Total
£
Costsofgeneratingfunds
Accountancy
BankCharges
2,100
603
-
-
2,188
603
2,640
497
CreditCardCharges
Depreciation
32
4,723
-
2,234
32
6,957
77
8,697
7,458 2,234 9,692 11,911
Charitable activities
ArtistsFees
TutorandContractorsFees
SecretaryFee
ExamsFees
VenueCosts
OtherOffice Costs
43
-
12,984
4,141
6,587
622
2,823
33,051
9,500
-
~
-
2,866
33,851
22,484
4,141
6,587
622
2,451
31,858
22,025
3,716
6,829
956
FestivalExpenses
APC OnlineOperations
Rent
Overheads (insurance, utilities)
Admin,postageandtravel expenses
25,401
1,373
11,108
1,867
696
25,021
ay
-
~
$0,422
4373
11,108
1,867
696
37,132
1,078
15,424
3,211
705
Advertisingandprinting
Sundryexpenses
431
$79
-
-
424
879
1,412
-
66,122 70,395 136,517 126,797

The management and administration expenses have been apportioned between each charitable activity on the same basis as the expenditure incurred directly in undertaking that activity.

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ARMAGH PIPERS CLUB

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

Nee

4. Independent examiner’s remuneration

The independent examiner’s remuneration amounts to an independent examination fee of £1,750 plus VAT.

5. Trustees’ remuneration

None of the Trustees (or any person connected with them) received any remuneration during the year ended 31 July 2025 (2024 - £nil),

6. Trustees’ expenses

The Trustees received no payments for expenses during the year ended 31 July 2025 (2024 - £nil).

7. Kmployees

The average number of employees during the year ended 31 July 2025 was nil. (2024: nil),

&. Tangible fixed assets

Fixturesand
fittings
Equipment Total
£ £ £
Cost
At 1 August2024
Additions
17,544
-
72,961
-
90,505
-
At31 July2025
Depreciation
17,544 72,961 90,505
At 1 August 2024
Chargefortheyear
At31 July2025
Carryingamount
14,557
597
15,154
41,159
6,360
47,519
55,716
6,957
62,673
At31 July2024 2,987 31,802 34,789
At31 July2025 2,390 25,442 27,832
%.
Debtors
2025 2023
z £
Grantsandrepayment 3,334
3,334
_ 5,806
5,806

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ARMAGH PIPERS CLUB

{A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

ng

10. Creditors: amounts falling due within one year

2025 2024
£ £
Creditcard
Performancefees
Deferredincome
Accruals
69
-
9,787
2,168
60
600
21,484
1,806
13,956 23,944
11. Creditors: amountsfallingdueaftermorethanone oneyear
2025 2024
£ £
Accrualsand deferredincome 7,146 8,936
7,149 8,936
12, Analysis ofnet assets between funds
Unrestricted Restricted Total
Funds Funds Funds
Tangible
assets
Current
assets
Current liabilities
Non-currentliabilities
r z
18,896
28,545
(2,169)
-
45,272
heise7h
£
£
8,936
27,832
15,586
$4,125
(9,787)
(11,956)
(7,149)
(7,149)
7,586
52,852
rrchy
rrp

13. Members’ liability

The company is limited by guarantee, not having a share capital and consequently the liability ofmembers is limited, subject to an undertaking by each member to contribute to the net asseis or abilities of the company on winding up such amounts as may be required not exceeding £1 each.

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