Company Registration Numb9r: N1072986
Charity Number: NIC101191
Ardmore Rural Community Association
IA ¢ompany Ilmlted by guarante8. not havrng 3 share capital)
Annual Report and Unaudited Financial Statements
for the financial year ended 31 March 2024
Daly Park & Company Ltd
Chartered Accountants and Independent Examlners
4 Carnegie Street
Lurgan
Co. Armagh
BT66 6AS
Northern Ireland

Ardmore Rural Community Association
IA company limited by guarantee, not having a share ¢apltall
CONTENTS
Page
Trustees, and Other Information
Trustees, Annual Report
Statement of Trustees, Responsibilities
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
10
Notes to the Financial Statements

Ardmore Rural Community Association
IA company limited by guarantèe. not having a share ¢apltall
TRUSTEES. AND OTHER INFORMATION
Trusteos
Mr Malcolm Stevenson
Miss Helen Parks
Mr Joshua Hamill
Mr Mark Turkinglon
Mrs Anne Elizabeth Turkinglon
MrJohn Joseph Abraham
Ms Dora Edgar
Mrs Ethel Parks
Mrs Mary Elizabeth Stevenson
Mr Gary Mccavish
Mr Derek Turkington
Ms Roberta Turkington
Charity Number in Northern Ireland
NIC101191
Company Registration Number
N1072986
Registered Office
6 Lennys Road
Derryadd
Lurgan
Co. Armagh
BT66 6QS
Northern Ireland
Principal Address
35 Ardmore Road
Derryadd
Craigavon
Co. Armagh
BT66 6QP
Northern Ireland
Independent Examlner
Daly Park & Company Ltd
Chartered Accountants
4 Carnegie Street
Lurgan
Co. Armagh
BT66 6AS
Northern Ireland
Prlnclpal Bankers
Sanlander
21 Market street
Lurgan
Co. Armagh
BT66 6AR
Northern Ireland

Ardmore Rural Community Association
IA Company Ilmlted by guarantee, not havlng a shar• capital)
TRUSTEES, ANNUAL REPORT
ft)r the financial year ended 31 March 2024
The trustees present their Trustees, Annual Report. combining the Directors, Report and Trustees. Report. and the
unaudited financial statements for the financial year ended 31 March 2024.
The financial statements are prepared in accordance wth the Companies Act 2006, FRS 102 Yhe Financial
Reporting Standard applicable in the UK and Republic of Ireland. ané Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.
The Trustees, Report contains the information required lo be provided in the Trustees, Annual Report under the
Slalement of Recommended Practice ISORPI guidelines. The trustees of the company are also charity trustees for
the purpose of charity law and under the company's constitution are known as members of the board of Iruslees.
In this report the trustees of Ardmore Rural Community Association present a summary of its purpose, governance,
activities, achievements and finances for the financial financial year 31 hnarch 2024.
The charity is a registered charity and he￿￿ the report and ￿su11$ are presented in a fomi which complies with the
requirements of the Companies Act 2006 and, although not obliged to comply with the Slalemenl of Recommended
practi￿ (Charities SORP effe¢live January 2015), the organisalion has implemented its recommendations where
relevant in these financial statements.
Mission, Objectives and Strategy
Objectives
Ardmore Rural Community Association has been able through part funding from SOAR I DARD to replace an old
derelict redundant primary school with a new purpose built Community hall , officially opened on 29.08.2014 The Hall
facililales youth groups . senior citizens groups and mens bowling club Also ran a series of classes including Art
class, Health and safety First
AID . Healthy eating courses The hall is also be used for Yoga,keep fit classes I sports. To supplement costs for the
various classes and social events which we organise. we offer the opportunity for private hire of the Hall for parties I
fijnctions elc We maintain and offer an ideal facility for local residents to meet and share with others in the community
Revlew of A¢tlvltles, Achlevements and Performance
The financial support from Armagh. Banbridge
and Craigavon Council On￿ again was crucial lo maintaining the
work of ARCA. The Council community development grant of £1,600. together with the Association's own activities
including hire of hall met the recurrent costs. This enabled ACRA to relain a sound financial position during this
year.
Ongoing activities during the year included yoga. art dasses. bowling and Senior Citizens Group. on￿ again.
ARCA was very appreciative of some funding ￿ceiVed though Loughshore Care Partnership {LCPI lo support
activities for the Senior Citizens Group.
These groups continue lo provide a very necessary social oullel to
addressing social isolation.
ARCA will continue lo explore new ways in which we can reach out lo the wider
community and maximise the use ofArdmore Community Hall.
There has been a significant increase in costs. particularly in relation to electrfcTty, heating oil and insurance.
In
order to raise additional funds for the incoming year. a number of events have been planned, including Big Breakfast.
and car boot sale and BBQ. While it is hoped that such events will meet any shortfall in income over expenditure.
the continuing escalating costs are particularly challenging for small community groups.
The Draft accounts were presented lo the AGM.
The final accounts prepared by Daly Park Accountants wll be
shared with the Committee and any queries arising will be addressed with accountants.
Annual monitoring reports were SLtbmitted lo the Charities Commission in line w¢lh requirements.
Once again. I wsh to thank 811 those who have willingly volunteered their time to ARCA, and have helped out with
activities throughout the year. Particularly, Roberta our Secretary, Ethel our Treasurer, Derek our Vice Chairlgrass
cutter. and Anne who continues to represent ARCA on the Loughshore Care Partnership ILCPI Committee and
org8nises the Senlor group meetings.
ARCA continue5 to work closely with other rural community groups as opportunities arise. including Deirytrasna,
8irches. Maghery and Aghagallon through LCP .and South Lough Neagh Regeneration Association.
J.J. {lan} Abrah8m
Reserves pollcy

Ardmore Rural Community Association
IA eompany limited by guarantee. not havrng a share capital)
TRUSTEES. ANNUAL REPORT
for the financial year ended 31 March 2024
ARCA'S aim is to achieve a level of £6,000 cash backed reseNes.
Public Benefits Stalemenl
11 In relation to Community development the public benefit ot ARCA is Allhe improved community life through the
recreation facilities which we maintsin and provide for use by the local community.. B) 8y organising and facilitsting a
variety of social functions al our premises, we enable all sections of our community lo socialise together and reduce
the potential problems of isolation in rural communities,. Cl ARCA provide a community ￿ntre for benefit of all local
inhabitants. from. parentsl lols. youth groups though lo senior citizen groups.. DI The benefits can be measured by the
success of our events and feedback either verbal or written.
21 In relation lo Advan￿ment of health A} The public benefit is the improved knowledge and understanding we
provide to groups who allend classes we provide in First aid . Healthy eating I cooking, CPR training etc.. Bl The
exercise and fitness classes such as Yoga. and Dance again improve general health and well being of participants.,
Cl The provision of meals cooked and supplied by our volunteers.. DI All of the above can help the well being of the
local inhabitants.
31 In relation lo education Al By providing training and access for senior citizens on use of Internet.. Bl Training on
Food I safety and hygiene., Cl Training for volunteers on health and safety., DI All of above can be measured by
feedback written or oral to those providing training The benefits lo those receiving training in use of compulersl
internet l e-mails. will enable them lo Al communicate with friends / family. Bl purchase items via inlernel if required,
including doing their shopping on-line and having it delivered, for isolated rural areas this could be valuable, Cl by
giving people access lo computers who may find cost of inlemet too expensive. D} keep up lo date with on4ine news
and infom)ation. The benefits lo those receiving training in food hygiene and health and safely will be healthier
lifestyle 2nd less risk lo harmftjl food poisoning issues.There are no private benefits or potential harm from any of
these objectives.
Financial Results
Al the end of the financial year the charity has assets of £231,08512023 - £235.173} and liabilities of £19,40012023
£19,401). The nel assets of the charity have decreased by £14,087}.
Structure. governance and management
Ardmore Rural Community Association is a company limited by guarantee governed by its Memorandum and Articles
of Association dated 23Td June 2009.ln the event of the charity being wound up. the liability in respect of the
guarantee is limited to £1 per member of the charity. The company is under the control of the directors who are
therefore acting as trustees for the charity.
Trustees
The Iruslees who served throughout the financial year, except as noted, were as follows..
Mr Malcolm Stevenson
Miss Helen Parks
Mr Joshua Hamill
Mr Ma¥k Turkington
Mrs Anne Elizabeth Turkington
Mr John Joseph Abraham
Ms Dora Edgar
Mrs Ethel Parks
Mrs Mary Elizabeth Stevenson
Mr Gary Mccavish
Mr Derek Turkinglon
Ms Roberta Turkinglon
In accordance with the Articles of Association, the directors retire by rotation and, being eligible. offer themselves for
re-election.
Compllance wlth Sector-WSde Leglslatlon and Standards
The charity engages pro-actively with legislation, standards and codes which are developed for the sector. Ardmore
Rural Community Association subscribes to and is compliant wlh the followng..
The Companies Act 2006
The Charities SORP IFRS 102)

Ardmore Rural Community Association
IA company limited by guarantee. not having a share Gapilall
TRUSTEES. ANNUAL REPORT
for the financial year ended 31 March 2024
Approved by the Board of Trustees on 17 July 2024 and 819ned on Its behalf by..
Joh
Jo$eph Abrah
Di

Ardmore Rural Community Association
IA CDmpany lifflited by guarantee, not haviny a share capi¢all
STATEMENT OF TRUSTEES. RESPONSIBILITIES
for the financial year ¢nded 31 March 2024
Th8 trustees. who are also d1￿CtorS of Ardmoffj Rurdl Cornmunlty Assoelation for the pvrposes of cornpany13w. are
responslble for preparlng IhÈ finÈncial statements In accordance with applicable18w Ènd regulations.
Company law requir8s the trustees 8s the dtreclots to prepaTe finan￿al 5faternents for eath finanaal year. Under that
law the trustees have eleeled to prepare the financial statemen18 in a¢¢x)rdan¢e with Uniled Kingdom GenoFally
Aec8pted Accounting Practice Iunlted Jangdom Accounting Standards and appllcable lawl indudlng FRS 102 '7he
Financial Reporbng Slandard applicable in the UK and Republic of Ireland. Section 1A Ismall Erttiliesl. Undei
company law the thjstees must not approve the financial ststements ¥nless they are sallsfied that they gNe a true and
fair vièw of the stale of affairs of Ihe company and of the surplu5 or deff¢it of the company for that period.
In prèparing these fin8nc181 stalemenls. the trustees are required to.-
select sullable accountlng politi8$ and apply them consislenUy'.
make judgements and 8stim8tg$ that are reasonable and prudènt..
stale whether the financial statements have been prepared in accordance wllh the relevant financial reporting
framewo￿, rdenllfy those st8ndaTd5. and note Ihe effect and th* reasons for any matèrial deparbjre from those
st8ndar(Ss: and
prepare the financlal statemènts on th8 going COn￿M basis unless it is inappropriate lo prgsumo Ihal the charity
will continuè in operation.
Th8 tnJ$tees conffm Ihat they have compfied with tha ab¢)ve requirements in preparing the fjnanual statements.
The trustees are responsible for keeping adequate accounbrig records that are 5uffieiènt lo show and explain the
charity's transactions and disclose wllh reasonable accurdcy at any time the fjnanclal position of the charity and
enable them lo ensure that Ihe financial stalements comply wilh. They are also rèsponsible for safeguardiny the
sset5 of the chaiity and hence for ta￿ng rea50nablp ¥tgP5 for the prevention and deteclson of fraud and other
i￿￿gUIarltieS.
Approved by the Board of Trustees on 17 Juty 2024 and slgned on Its behalf by..
Joh
Joseph Abraham

Ardmore Rural Community Association
IA cornpany limited by guarantee. not havlng a share capltall
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES
OF ARDMORE RURAL COMMUNITY ASSOCIATION
We have examlned the financial statements of the charity for the financial year ended 31 March 2024. whlch comprise
the Slalement of Financial Activities {incorporaling an Income and Expenditure Account). the Balance Sheet and the
related notes.
This report is made solely lo the charity's members, as a body. in accordance with Chapter 3 of Part 16 of the
Companies Act 2006. Our work has been undertaken so that we might compile the financial slalements that we have
been engaged lo compile. report lo the Board of Trustees that we have done so, and stale those matters that we have
agreed lo state lo them in this report and for no other purpose. To the fullest extent permitted by law, we do not
accept or assume responsibility lo anyone other than the charity and the charity's members, as a body, for our work.
or for this report.
Respoctive rosponsibilitigs of trustees and examlner
The charity's trustees (who are also the directors of the company for the purposes of wmpany lawl are responsible
for the preparation of the financial statements in accordan￿ with the requirements of the Companies Act 2006. The
charity's trustees consider that an audit is not required for this financial year under Chapter 3 of Part 16 of the
Companies Act 2006 and that an independent examination is required.
11 is our responsibility to..
exarnine the financial statements under section 65 of the Charities Act.,
follow the procedures laid down by the general Directions given by the Charity Commisslon for Northem Ireland
under section 6519llbl of the Charities Act., and
state whether particular matters have come to our attention.
Basls of Independent examlnerfs report
We have examined your charity financial statements as required under section 65 of the Charities Act and our
examination was carried out in accordance with the general Directions given by the Charity Commission for Northern
Ireland under section 65(91{bl of the Charities Act. An examination includes a review of the accounting records kept
by the charity and a comparison of the financial statements presented with those records. It also includes
consideration of any unusual items or disclosures in the financial slalemenls and seeking explanations from the
trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be
required in an audit and consequently no opinion is given as lo whether the accounts present a 'true and fair. view
and the report is limited to those matters sel out in the slalement below.
In connection with our examination. no matter has come lo our attention which gives us cause lo believe that in. any
material respect..
accounting records were not kept in accordance with section 386 of the Companies Act 2006
the financial statements do not accord with those accounting records
the financial slalemenls have not been PTepared in accoidance with the accounting requirements of section 396 of
the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice
applicable to charlties preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republi¢ of Ireland (FRS1021
there is further information n88ded for a proper understanding of the accounts to be reached.
Independent examiner's statement
We have no concerns and have come across no other matters in connection wth the examination lo which attention
shoul
draw
his report in order lo enable a proper understanding of the financial statements to be reached.
DA
Ch
RK & COMPANY LTD
d Accountants and Independent Examiners
gie Street
rte
rn
Lu
magh
BT66 6AS
Northern Ireland
Date: 17 July 2024

Ardmore Rural Community Association
{A company Ilmlted by guarantee, not having a share capital)
STATEMENT OF FINANCIAL ACTIVITIES
Ilncorporating an Ineome and Expendlturo Accounti
for the financial year ended 31 March 2024
Unrestricted Restricted
Funds
Funds
2024
2024
Total Unrestricted Reslricled
Funds
Funds
Funds
2024
2023
2023
Total
Funds
2023
Notes
as restated
Incoming Resources
Voluntary Income
Activities for generating
funds
1.600
1.600
5.389
1.660
1,660
2.947
5,389
2,947
Total incoming resources
5,389
1,600
6.989
2,947
1,660
4,607
Resources Expended
Charitable activities
9,476
1,600
11,076
9,290
1,660
10.950
Net incomingloutgoing
resources before transfers
14.087}
{4.087)
16,343)
16,343)
Gmss transfers be￿een
funds
Net movement In funds for
the financial year
(4.087)
14.0871
16,3431
16,3431
Reconciliation of funds..
Total funds beginning of the
year
10
(29,2281
245,000
215,772
122.8851
245.000
222.115
Total funds at the end of
the year
133,315)
245.000
211.685
129.2281
245.000
215.772
The Statement of Financial Activities includes all gains and losses recognised in the financial year.
All income and expenditure relate to continuing activities.
The notes on pages 1110 14 form part of the f5nancial slal8rn8nls

Ardmore Rural Community Association
IA company limited by guarnntge, not having a $har¢ ¢apitall
Company Number. N1072986
BALANCE SHEET
as al 31 March 2024
2024
2023
Notes
8$ restated
Flxed Assets
Tangible ass$ts
224.060
229.439
Current Assets
Debtors
Cash at bank and in hand
1,053
5,972
642
5.092
7.025
5,734
Credlt¢rs: Amounts falling due withln one year
119,4001
119,401)
Net Currènt Liabilities
{12,3751
113.6671
Total Assets less CU￿nt LTabilities
211,685
215,772
Funds
Restricted trust funds
General fvnd (unre51ricted)
245,000
133.315)
245,000
(29.2281
Total fvnds
10
211,685
215.772
These financial sialemenls have been prepared in accordan￿ the 5pecrdl provisions relallng to small companlas
within Part 15 of the Companies Act 2006.
For the financial year ended 31 March 2024 the cha￿ty was entille(t to exemptton from audit under sectlon 477 of Ihe
Companies Act 2006.. and no notice has been deposited under section 476.
The trustees confirm that the members have not requlred the company to obtain an audit of its financial slalements for
the financial year in question in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge Iheir responsibilities for eftsuring ihat the charity keeps accounting records which comply
with section 386 and for preparing financial slalemenls which glve a true and fair viow of the stsle of affairs of the
charity as al the end of the financial year and of its profit and loss for the financial year in accordan¢e with the
re4uirernenls of sectlons 394 and 395 and which olherwtse comply wlh the requirements of the Companies Act 2006
relating to finan¢lal slatements, so far a5 appli(able lo the Charity.
The financlal statements have been prepa￿d in accordance with the prO￿s1onS applicable to companies 5vbjecl to
the small companies, regime and in accordance FRS 102'The FinancAal Rèporting Standard applicable in the UK
and Republic of Ireland" applying Sedon 1A of that standard.
Approved by the Board of TTUStees and authorised for issue on 17 July 2024 and signed on Its behalf by
MrJohn Josep
Director
The notes on pBge5 1110 14 fonn part of the financlal ststernenls
10

Ardmore Rural Community Association
IA company Ilmlted by guarantee, not having a share ¢apitall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
GENERAL INFORMATION
Ardmore Rural Community Association is a company limited by guarantee incorporated in Northern Ireland.
The registered office of the company is 6 Lennys Road. Derryadd, Lurgan, Co. Armagh, BT66 6QS. Northern
Ireland which is also the principal place of business of the company The financial slalemenls have been
presented in Pound 1£) which is also the functional currency of the company.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following accounting policies have been applied consistently in dealing with items which are considered
material in relation to the charity's financial statements.
Basis of preparation
The financial ststements have been prepared on the going concern basis under the historical cost convention.
modified lo include certain items at fair value. The financial statements have been Prepared in accordance
with the Slalement of Recommended Practice {SORPI "Accounting and Reporting by Charities preparing their
accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland
FRS 102" applying Section 1A of that standard.
As permitted by the Companies Act 2006. the charity has varied the standard formats in that ad for the
Slalement of Financial Activities and the Balance Sheet. Departures from the standard fomats are lo comply
with the requirements of the Charlties SORP and are in compliance with section 4.7, 10.6 and 15.2 of that
SORP.
Statement of compliance
The financial statements of the charity for the financial year ended 31 December 2017 have been prepared on
the going concem basis and in accordance with the Statement of Recommended Practice ISORPI
'Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting
standard applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that Standard.
Incoming Resources
Voluntary income or capital is included in the Statement of Financial Activities when the charity is legally
entitled to it. ils financial value can be quantified with reasonable Certainty and there is reasonable certainty of
ils ultimate receipt. Entitlement lo legacies is considered established when the charity has been notified of a
distribution lo be made by the exeeulors. Income received in advance of due perfomiance under a contract is
accounted for as deferred income until eamed. Grants for activities are recognised as income when the
related conditions for legal entillemenl have been met. All other income is accounted for on an accruals basis.
Resources Expended
All resources expended are accounted for on an accruals basis. Charitable activities inc]ude costs of services
and grants. support costs and depreciation on related assets. Costs of generating funds similarly include
fundraising aclivilies. Non-staff ¢osls not attributed to one category of activity are allocated or apportioned
pro-rata lo the staffing of the relevant service. Finance, HR, IT and administrative staff costs are directly
attributsble to individual activities by obje¢live. Governance c051s are those associated wlh constitutional and
statutory requirements.
Tangible fixed assets and depreclation
Tangible fixed assets are staled at cost or al valuation. less accumulated depreciation. The charge to
depreciation is calculated lo write off the original cost or valuation of tsngible fixed assets. less their estimated
residual value, over their expected useful lives as follows..
Land and buildings freehold
Fixtures, fittings and equipment
20A Slraighl Line
20V/o Straight Line
Debtors
Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at
the amount prepaid net of any trade discounts due. Income recognised by the the charity from government
agencies and other co-fvjnders, bul not yel received at year end, is included in debtors.
Cash at bank and In hand
Cash al bank and in hand comprises cash on deposit al banks requiring les5 than three months notice of
withdrawal.
11

continued
Ardmore Rural Community Association
IA cornpany limited by guarantee. not having a share ¢apltall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
Taxatlon
No Current or deferred taxation arises as the charity has been granted charitable exemption. Irrecoverable
valued added lax is expensed as incurred.
The charity's activities fall within the exemptions afforded by the provisions of the Income and Corporation
Taxes Act 1988. Accordingly, there is no laxalion charge in these accounts.
INCOME
DONATIONS AND LEGACIES
Unrestricted Restricted
Funds
Funds
2024
2023
Voluntsry income
1,600
1.600
1,660
OTHER TRADING ACTIVITIES
Unrestricted Rastri¢ted
Funds
Funds
2024
2023
Other trading activities
5,389
5,389
2.947
EXPENDITURE
CHARITABLE ACTIVITIES
Direct
Costs
Other
Costs
Support
Costs
2024
2023
Charitable activities
11,076
11,076
10,950
NET INCOMING RESOURCES
2024
2023
Net Incoming Resources are stated after chargingllcreditingl:
Depreciation of tangible assets
5,379
5.635
TANGIBLE FIXED ASSETS
Land and
Fixtures.
building$ fittings and
freehold
equipment
Total
Cost
At 31 March 2024
273,245
2,843
276.088
Depreciation
At 1 April 2023
Charge for the financial year
43,720
5,465
2.929
186}
46.649
5,379
Al 31 March 2024
49.185
2.843
52.028
Net book value
At 31 March 2024
224,060
224,060
Al 31 March 2023
229,525
1861
229.439
DEBTORS
2024
2023
Prepayments and accrued income
1.053
642
12

continued
Ardmore Rural Community Association
IA company Ilmited by guarantee, not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year endeé 31 March 2024
CREDITORS
Amounts falling due within one yoar
2024
2023
Other Creditors
Accruals and deferred income
19,000
400
19,000
401
19,400
19,401
RESERVES
2024
2023
At the beginning of the year
Deficit for the financial year
215.772
14,0871
222.115
16.343}
At the end of the year
211.685
215,772
10.
FUNDS
10.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unrestricted Restricted
Funds
Funds
Total
Funds
Al 1 April 2022
Movement during the financial year
122,885)
(6,343)
245,000
222.115
{6,3431
At 31 March 2023
Movement during the financial year
{29,228)
14,087}
245,000
215.772
14,0871
Al 31 March 2024
133,315)
245.000
211,685
10.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
Income Exponditure
Transfers
between
funds
Balance
31 March
2024
2023
As restated
Rastri¢ted funds
ACB & CB Council Grants
Departrnent of Agriculture & Rural
Development
1,600
1.600
245,000
245,000
245.000
1.600
1.600
245,000
Unrestricted funds
Unrestricted General
129.2281
5.069
9.156
133.3151
Total funds
215,772
6.669
10,756
211.685
11.
STATUS
The charity is limited by guarantee not having a share capllal.
The liability of the members is limited.
Every member of the company undertakes to contribute to the assets of the company in the event of ils bein9
wound up while they are members, or within one year thereafter, for the payment of the debts and liabilities of
the company contracted before they ceased to be members, and the costs, charges and expenses of winding
up. and for the adjustment of the rights of the contributors among themselves. such amount as may be
required, not exceeding £ 1.
13

ontinued
Ardmore Rural Community Association
IA company Ilmlted by guarantee, not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
12.
CONTINGENT LIABILITIES
Ardmore Parish Trustees have registered a charge dated 3rd June 2013 over all lands in Folios AR117753
and AR113820 by way of security for monies provided to the ch8rily.
The Department of Agriculture and Rural Development has registered a Debenture Mortgage Charge dated
3rd June 2013 over the assets of the company by way of security for grants provided.
13.
TRUSTEE REMUNERATION
The trustees did not re￿1Ve, nor did they waive, any remuneration during the current financial year. {2023
£nil).
14.
INDEPENDENT EXAMINERS REMUNERATION
The independent examiners. Daly Park & Compar>y Ltd, received an independent examination fee of £400
inclusive of vat for their professional work { 2023 £4001.
14