Cairde Screen
Annual report and unaudited financial
statements for the year ended 30 April 2023
Registration No:
N1602796 (Northern Ireland)
Charity Registration No: 101315

Cairde Screen- Flnanclal ststements for the year ended 30 Aprll 2023
Contents
Page Is)
Charity Information
Strategic Report
Directors, Report
Independent Accountants, Report
Statement of Financial Activities
Statement of Comprehensive Income
Statement of Financial Position
Notes to the financial statements
10-16
rAASM

Cairde Screen - Flnanclal statements for the year ended 30 Aprll 2023
Charity Information
PaBe I
Directors
Accountants
Caroline Mccloskey
Anthony Scullion
Daniel Scullion
Maria Mccullagh
ASM IMI Ltd
Chartered Accountants
The Diamond Centre
Market Street
Magherafelt
Registered Office
Bankers
Unit I
The Diamond Centre
Market Street
Magherafelt
Bank of Ireland Limited
Market Street
Magherafelt
Registration Number
Charity Registration Number
N1602796 (Northern Ireland)
101315
./ASM

Cairde Screen - Financial statements for the year ended 30 April 2023
Strategic Report
Pa8e 2
The Directors present their Strategic Report for the year ended 30 April 2023.
Principal activities
The Charity's principal activity is to provide or assist in the provision of facilities and services primarily for the benefit of the
community and vi51tor5 to the parish of Ballinascreen and its environ5 of South Derry for recreational, sporting or other leisure
time occupation in the interests of social welfare.
Review of artivities and future developments
The results for the year are set out in the Statement of Financial Activities on page 7 and in the related notes.
Future outlook
The future developments in the Charity's activities are discussed in the Directors, Report.
Grant making policy
The Charity seeks applications for grants and other forms of assistance from various parties in the local area and proposals are
reviewed and assessed in detail and approved by the Board of Directors.
Reserves Policy
The Directors have reviewed the Charity's requirements for reserves in conjunction with their analysis of the main risks for the
Charity.
The unrestricted funds not invested in fixed assets need to be sufficient to cover six months of annual running costs.
At the date of the approval of these financial statements the Charity has approximately 2 months reserves and the Directors
recognise that this will require the building up of reserves over the next few years.
However the level and nature of expenditure has been analysed and an assessment made as to how reductions can be made
if the need arises. This policy is reviewed annually by the Board of Directors.
Principal risks and uncertainities
The principal risk and uncertainty affecting the Charity is maintaining donation levels.
The Charity's management endeavours to mitigate these risks by implementing regular strategic and operational reviews.
Key performance indicator5
The Charity Directors are of the opinion that analysis using key performance indicators is not necessary for an understanding
of the development. performance or position of the business.
Financial risk management
The Charity's operations expose it to a variety of financial risks that are analysed under separate subheadings below.
The Charity has a risk management programme in place that seeks to limit the adverse effects of these risks on the financial
performance of the Charity.
Credit risk
The Charity does not Sell on credit and consequently does not have any credit risk.
Financial instruments
The Charity does not actively use financial instruments as part of its financial risk management.
Liquidity risk
The Charity maintains a mixture of long term and short term debt finance that is designed to ensure that the Charity has sufficient
available funds for current operations and planned expansions.
Forelgn exchange rlsk
The Charity's principal operating currency is sterling 1£).
The Charity does not have any material transactions in foreign currencies.
The Charity does not have any material exposure to foreign exchange risk.
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Cairde Screen - Financial statements for the year ended 30 April 2023
Strategic Report
Pa8e 3
Approval
This Strategic Report was approved by the Board of Directors on 3 January 2024 and signed on its behalf by..
Caroline Mccloskey
Director
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Cairde Screen - Financial statements for the year ended 30 April 2023
Dirertors, Report
Pa8e 4
The Directors present their report and the unaudited financial statements for the year ended 30 April 2023.
Results
The Statement of Financial Activities for the year ended 30 April 2023 is set out on page 7.
Performance review
Both the year end financial position and the financial performance for the year were as expected.
Future outlook
The Directors expect that the Charity's recent financial performance will be sustained for the foreseeable future.
Directors
The directors of the Charity at 30 April 2023, who have all been directors for the whole of the year ended on that date, are
listed on page l.
Corporate governance
Cairde Screen is a company limited by guarantee and as such it does not have share capital.
Every director being a member of the Executive Committee undertakes to contribute to the assets of the Company. in the
event of the same being wound up while he is a member. or within one year after he ceases to be a member, for payment of
debts and liabilities of the Company contracted before he ceases to be a member, and of 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 £1.00.
The Company registered with the HM Revenue & Customs as a charitable body for taxation purposes IHM Revenue &
Customs Charity No. XT253071. The Company was incorporated on 12 April 2010 and its governing instruments are the
Memorandum and Articles of Association. The address of the Company's registered office. which is also its principal address,
is given on page l.
The Company is registered with The Charities Commission for Northern Ireland Icharity No. 101315}.
Remuneration
The directors of the Company received no remuneration other than the reimbursement of out of pocket expenses.
Dividends and transfers to reserves
The Directors do not recommend the payment of a dlvidend In respeci of the year ended 30 Aprll 2023.
The result for the year has been transferred to reserves.
Financial instruments and risk management
Information on the use of financial instruments by the Charity and its management of financial risk are discussed in the Strategic
Report.
Changes in fixed assets
The movements in fixed assets during the year are set out in note 13 to the financial statements.
Research and development
The Charity does not have any material research and development activities.
Events afterthe reporting date
There were no material events after the year end that require disclosure in the f inancial statements.
Employees
The Charity's policy is to consult and discuss with employees where appropriate matters likely to affect employees, interests.
Disabled persons
The Charity's policy is to recruit disabled workers for those vacancies that they are able to fill and all necessary assistance with
initial training courses is provided. Arrangements are made, whenever possible. for retraining employees who become
disabled, to enable them to perform work identified as appropriate to their aptitudes and abilities.
Political donations
The Charity did not make any political donations during the year or in the preceding year.
rkASM

Cairde Screen - Financial statements for the year ended 30 April 2023
Dirertors, Report
Pa¥e 5
Director5, respon5ibilitie5 statement
The Directors are responsible for preparing the Strategic Report, 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 UK Generally Accepted Accounting Practice (UK Accounting
Standards and applicable lawl.
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 Charity and the profit or loss of the Charity for that financial year.
In preparing these financial statements, the Directors are required to:
select suitable accounting policies and then apply them consistently:
make judgements and accounting estimates that are reasonable and prudent:
state whether applicable UK Accounting Standards have been followed, subject to any material departures, disclosed and
explained in the financial statements,. and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue
in business.
The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Charit¢s
transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure
that the financial statements comply with the Companies Act 2006.
The Directors are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Accounting records
The measures taken by the Directors to secure compliance with the requirements of Section 386 to Section 389 of the
Companies Act 2006. with regard to keeping of accounting records, are the employment of appropriately qualified accounting
personnel and the maintenance of computerised accounting systems. The Charity's accounting records are maintained at Unit
l. The Diamond Centre, Market Street, Magherafelt.
Provisions relating to the preparation of the financial statements
This report has been prepared in accordance with the provisions of the Companies Act 2006 relating to na sized companies.
Approval
This Directors. Report was approved by the Board of Directors on 3 January 2024 and signed on its behalf by..
Caroline Mccloskey
Director
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Cairde Screen- Financial statements for the year ended 30 April 2023
Independent Accountants, report to the Board of Dirertors on the unaudited financial statements of Cairde
Screen
Pa8e 6
We report to the directors, on our examination of the financial statements of Cairde Screen for the year ended 30 April 2023.
Responsibilities and basls of report
The directors of the Company are responsible for the preparation of the financial statements in accordance with the
requirements of the Charities Act INorthern Ireland) 2008. You are satisfied that the Charity is not required by charity law to
be audited and have chosen instead to have an independent examination.
We report in respect of our examination of the Charity's financial statements as carried out under Section 65 of the 2008 Act.
In carrying out our examination we have followed the general directions by the Charity Commission for Northern Ireland
under Section 65191 Ibl of the 2008 Act.
Independent examinerfs statement
We have completed our examination and we confirm that no matters have come to our attention in connection with our
examination giving us cause to believe that in any material aspect.
Accounting records were not kept as required by with Section 63 of the 2008 Act; or
The financial statements do not accord with those records,. or
The financial statements do not comply with the accounting requirements of the 2008 Act,. or
The financial statements do not comply with the applicable requirements concerning the form and contents of
accounts set out in the Charities IAccounts and Reports) Regulation 2008 other than any requirement that the
accounts give a 'true and fair, view which is not a matter considered as part of an independent examination.
We confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of
the accounts to be reached.
ASM IM) Ltd
Chartered Accountants
The Diamond Centre
Market Street
Magherafelt
3 January 2024
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Cairde Screen - Flnancial statements for the year ended 30 Aprll 2023
Statement of Financial Artivities
PaBe 7
Note
Unrestrlcted
Funds
Restrlcted
Funds
Endowment
Funds
Total
Total
30 April
30 April
30 April
30 Aprll
30 April
2023
2023
2023
2023
2022
112 month$l
112 months)
112 moThthsl
112 month$l
112 months)
Incoming Resources
Trading Income
Trading revenue
Trading costs
29,533
29,533
25,482
Net Trading Income
Voluntary income
Total incoming resources
29,533
29,533
25,482
29,533
29,533
25,482
Resources Expended
Charitable attivities
Governance
8ty)
8(X)
8¢XI
800
8(K)
Managernent and administratiOFI
Total resources expended
8CKI
8CKI
800
28,733
28,733
24,682
Amortisation of property, plant and equipment
11,4701
11,4701
11,4691
Net resources for the year before interest payable
Interest payable
Net resources for the year before taxatlon
Taxation
27,263
27,263
23,213
li
27,263
27,263
23,213
12
Net resources for the year
27,263
27,263
23,213
The notes on page5 10 to 16 forrn part of these financial 5taternents
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Cairde Screen - FSnancSal statements for the year ended 30 Aprll 2023
Statement of Comprehensive Income
Pale 8
Note
U￿re￿r￿ted
Funds
Restritted
Funds
Endowment
Funds
Total
At l May 2021
Total comprehensive income forthe year
185,216
23,213
185,216
23,213
At 30April 2022
208,429
27,263
235.692
208,429
27,263
Totsl comprehensive income forthe year
At 30April 2023
All amounts above relate to continuing operations of the Charity.
The notes on pa8e5 10 to 16 forrn part of these financial ststernents
rkASM

Calrde Screen - FSnancSal ststements for the year ended 30 Aprll 2023
Statement of Financial Position
Pa¥e 9
Note
30 Aprll
30 April
2023
2022
Flxed assets
Property, plant and equipment
13
69,979
69.979
Current assets
Receivables
14
),639
95,544
57,172
Cash at barik and in hand
89,528
176,183
146,71KI
Credltors- amounts fallln8 due wlthln one year
15
8,250
Netcurrent a55ets
167,183
138,450
Total 355ets less current liabilities
208,429
Provisions for liabilitie5
16
Netassets
208,429
Capital and reserves
Unrestritted reseNes
208,429
Restricted reserve5
Total capitsl and reserves
235,692
208.429
The Charity has taken advantage of the exemption provided for under Section 477 of the Companies Act 2006 not to have these financial
statements audited, and has done so on the ground5 that the conditions specified in Section 477 of the Companies Act 2006 are satisfied.
The Charity's shareholders have not Se￿ed a notice on the Charity under Section 476111 in accordance with Section 476121 of the Companies
Act 2006.
The Directors acknowledge the Charity's obligations under the Companies Act 2006 to keep adequate accounting records and prepare
financial statements which give a true and fair view of the assets, liabilities and financial position of the Charity at the end of each period of
account and of its profit or loss for each period of account. and otherwise comply with the requirements of the Companies Act 2006 relatin8
to financial statements so far as they are applicable to the Charity.
The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small sized
companies.
The financial statements on pages 7 to 16 were approved and authorised for issue by the Board of Directors on 3 january 2024 and were
signed on its behalf by..
Caroline Mccloskey
Director
Registration Number: N1602796 {Northern Ireland)
Charity Registration Number: 101315
The notes on pa8e5 10 to 16 forrn part of these financial ststernents
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Cairde Screen - Financial statements fix the year ended 30 April 2023
Notes to the financial statements
PaBe 10
l. Company Information
Legal status
Cairde Screen is 3 private company limited by guarantee established in Northern Ireland.
Registration number and registered office
The Charity's registered office address and registration number is set out on page l.
Functional currency
The financial Statements are prepared in sterling {£) which is the functional currency of the Charity.
2. Basis of preparation of financial statements
Applicable legislation and a¢¢ounting standards
These financial statements have been prepared in accordance with..
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charitie5 preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January
20191- Icharities SORP IFRS 10211,.
applicable UK accounting standards including FRS 102 The Financial Reporting Standard applicable in the UK and Republic
of Ireland,.
the historical cost basis of accounting,. and
the Companies Act 2006.
Going concern
The Charity made a surplus during the year ended 30 April 2023 and, at that date, the Charity's assets exceeded its liabilities.
After making enquiries the Charity's directors consider there is a reasonable expectation that the Charity has adequate
resources to continue in operational existence for the foreseeable future and accordingly have prepared the financial
statements on the going concern basis.
Funds
The Charity has various types of funds for which it is responsible and which require separate disclosure. These are as follows..
lil restricted funds: income which is earmarked by the donor for specific purposes. Such purposes are within the overall aims
of the organisation,.
lill unrestrlcted funds: funds which are expendable at the discretion of the Directors in furtherance of the objects of the
Company. In addition to expenditure on transport provision, such funds may be held in order to finance capital investment
and working capital; and
liiil endowment funds= funds which comprise of unrestricted funds that have been set aside by the Directors for particular
purpose5. The aim and use of each designated fund 15 Set out in the notes to the financial statements.
Management and administration costs
Costs that relate to the costs of running the Charity, such as the costs of meetings. audit and statutory compliance and any
costs which cannot be specifically identified to another expenditure classification, are separately disclosed as management and
administration costs.
3. Judgements and key sources of estimation uncertainty
Judgements and key sources of estimation uncertainty are continually evaluated and are based on historical experience and
other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Critical judgements used in the application of accounting policies
There were no critical judgements used in the application of accounting policies and the preparation of the financial
statements.
rkASM

Cairde Screen - Financial statements fix the year ended 30 April 2023
Notes to the financial statements
PaBe 11
Crltlcal accountlng estlmates and assumptlons
There were no critical accounting estimates or assumptions used in the application of accounting policies and the preparation
of the financial statements.
4. Principal accounting policies
Property> plant and equipment
Land and buildings are stated at purchase cost, net of depreciation and any provision for impairment.
The carrying value of property and plant and equipment is reviewed for impairment in each acounting period if events or
changes in circumstances indicate the carrying value may not be recoverable.
Depreciation is calculated to write off the cost of property and plant and equipment, less any estimated residual values, over
the expected useful economic lives of the assets concerned. The principal annual rates and bases used for this purpose are as
follows=
A55et category
Freehold and long leasehold buildines
Ba515 of arnorti5alion
Straieht ￿ne
2.00%
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Cairde Screen - Financial statements for the year ended 30 April 2023
Notes to the financial statements
PaBe 12
Turnover
Turnover represents amounts receivable for goods and services net of value added taxes and trade discounts.
Investment Income
Income from deposits is included, together with any related tax credit, in the Income Statement on an accruals
basis.
Foreign Currencie5
Transactions denominated in foreign currencies are translated into Sterling at the rate of exchange ruling at the date
of the transaction.
At the end of each financial accounting period assets and liabilities denominated in foreign currencies are translated
into Sterling at the exchange rates ruling at that date and all exchange d ifferences are taken to the Income
Statement.
Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual
provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the
arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments
discounted at a market rate of interest for a similar debt instrument. Debt instruments are Subsequently measured
at amortlsed cost.
Where investments in non-convertible preference shares and non-puttable ordinary share5 or preference shares are
publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at
fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently
measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unle55 payment for an asset
is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case
the asset is measured at the present value of the future payments discounted at a market rate of interest for a
similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss,
with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured
at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If
there is objective evidence of im pairment, an im pairment loss is recognised in profit or loss im mediately.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these
are assessed individually for impairment. Other financial assets or either assessed ind ividual ly or grouped on the
basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately,
to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the
carrying amount would have been had the impairment not previously been recognised.
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Cairde Screen - Financial statements fix the year ended 30 April 2023
Notes to the financial statements
PaBe 13
Deferred taxation
Deferred tax arises from timing differences that are differences between taxable profits and total
comprehensive income as stated in the financial statements. These timing differences arise from the
inclusion of income and expenses in tax assessments in periods different from those in which they are
recognised in the financial statements.
Deferred tax is recognised on all timing differences at the reporting date. Unrelieved tax losses and
other deferred tax assets are only recognised when it is probable that they will be recovered against
the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by
the period end and that are expected to apply to the reversal of the timing difference.
Cash Flow Presentation Exemption
The Company has taken advantage of the exemption from the requirements of FRS 105 to present a Statement of Cash Flows
on the grounds that it is a micro sized company.
5. Directors, emoluments and key management compensation
Directors, remuneration
30 Aprll
2023
30 *)ril
2022
111 months)
112 months)
Aggregrate emoluments
Key management remuneration
The Directors are the key management of the Charitv.
6. Employee information
The average number of persons (including executive Directors) employed by the Charity during the year was..
30 Aprll
2023
30 April
2022
112 monthsl
Number
112 tnonthsl
Number
vartivity
Governance indirect payroll
Total employees
and their emoluments were..
30 April
2023
30 4>ril
2022
112 monthsl
112 months)
Staff ¢osts Iforthe peysons abovel
Gro55 wage5 and salaries
Employer'5 Social security costs
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Cairde Screen - Financial statements fix the year ended 30 April 2023
Notes to the financial statements
PaBe 14
7. Voluntary income
Llnre5trirted
Funds
Re5triLted
Funds
Endowment
Funds
Total
Total
30 AprN
30 Aprll
30 Aprll
JO Aprll
30 April
2023
2023
2023
2023
2022
112 month$l
112 months)
112 moffthsl
112 months)
112 months)
Othervoluntary income
8. Management and administration
Unre#rlrte4
Funds
Restrlrted
Funds
Endowment
Funds
Total
Totsl
30 April
30 April
30 April
10 Aprll
30 ￿￿ri1
2023
2023
2023
2023
20Z2
112 moffthsl
112 months)
112 monthsl
112 monthsl
112 months)
Management & administration
9. Analysis of total resources expended
Tradln8
artlvltles
Charfjtable
att￿￿￿e$
R￿ng￿ndS
fy)¥einance
In¥e#ment
management
Total
Total
30 Aprll
30 Aprll
30 Apill
30 Aprll
30 Aprll
30 Aprll
30 Aoril
2023
20Z3
Z023
20Z3
2023
zoza
2022
112 monthsl
112 months)
112 monthsl
IIZ month51
112 months)
112 monthsl
112 months)
Direct expenditure
10. Net Resources
Unre5tritted
Funds
Restricted
Funds
Endowment
Funds
Total
Total
30 Aprll
30 Aprll
30 Aprll
JO Aprll
30 April
2023
2023
2023
2023
2022
112 month$l
112 months)
112 month$l
112 monthsl
112 months)
Net resources forthe year before interest payable is stated after charging:
Accountants. fees..
Account5 preparation
Depreciation charge for the year..
Owned fixed assets- property, plant and equipment
750
750
1.470
4470
1,469
11. Interest payable and similar charges
30 April
2023
30 April
2022
112 months)
112 months)
Interest payable on bank loan5 and overdraft5:
Repayable within five year5 and not by instalments
rkASM

Cairde Screen - Financial statements fix the year ended 30 April 2023
Notes to the financial statements
PaBe 15
12. Taxation
No provision for taxation is required as the Company has charitable status approved by the HM Revenue & Customs.
13. Property, plant and equipment
Freèhold and
long
leasehold
bulldings
Totsi
C05t
At l May 2022
Addition5
At 30April 2023
Deprpri*ion
At l May 2022
Charge fgrthe year
At 30Aprll 2023
73.512
73.512
73.512
73.512
3.533
1.470
3.533
1.470
Net bookvalue
At 30April 2023
At 30April 2022
69,979
69,979
The net book value of property, plant and equipment include amounts of £Nil12022.. £Nill in respect of assets held under asset purchase
agreements.
14. Receivables
30 Aprll
2023
30 April
2022
Amountsfallln8 due wlthln one year
Trade receivable5
Other receivables
80,639
57.172
57,172
15. Creditors: amounts falling due within one year
30 Aprll
2023
30 Apr￿1
2022
Accruals
9,000
9,000
8,250
8,250
16. Provisions for liabilities
Deferred taxation
Deferred taxation provided in the financial statements is analysed as follows..
30 Aprll
2C123
30April
2022
Gr05s fixed a55et tirning difference5
Net tlmlng dlfferences
Timing differences not provided
Deferred tax provlslon
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Cairde Screen - Financial statements fix the year ended 30 April 2023
Notes to the financial statements
PaBe 16
17. Pension costs
Deflned contrlbutlon penslon schemes
The Charity did not make any contributions to employee pension schemes during the year.
18. Contingent liabilities
Under the terms of certain government grant agreements, a liability may arise to repay in whole or in part capital or revenue
grant5 received if certain conditions in the grant agreements are not complied with. In the opinion of the directors the terms
of the letter of offer have been complied with and a liability is not expected to arise.
19. Events after the reporting period
There were no material events in the period between the end of the reporting year and the date of the approval of the financial
statements.
20. Called up share capital
The Company is a company limited by a guarantee and it does not have a share capital.
Every director being a member of the Executive Committee undertakes to contribute to the assets of the Company, in the
event of same being wound up while he is a member, or within one year after he ceases to be a member, for payment of debts
and liabilities of the Company contracted before he ceases to be a member, and of 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
£1.00.
21. Capital commitments
The Charity did not have any material capital commitments at 30 April 2023 or at 30 April 2022.
22. Contracts with inception dates after the end of the reporting period
The Charity did not enter into any material contractual commitments in the period between the year end and the date of
approval of these financial statements.
23. Approval of the financial statements
The Board of Directors approved the financial statements for issue on 3 January 2024.
rkASM