The Confederation of Community Groups of Newry & District IA company Ilmlted by guarantsg, not havlng a share capitsll Annual Report and Audited Financial Statements for the financial year ended 31 March 2025 Malone Accounting Ltd Chartered Accountsnts and Reglstsred Audltors 12 Causeway Road NEWCASTLE Down 8T33 ODL Northom Ireland Company Numb•r: N1022294 Charity Number: 101359
The Confederation of Community Groups of Newry & District IA company limlted by guarantee, not having a $harg capitsl) CONTENTS Page Trustees, and Other Information Trustees, Annual Report Statement of Trustees, Responsibilities Independent Auditorfs Report 8-10 ststement of Financial Activities 11 Balance Sheet 12 Statement of Cash Flows 13 Notes to the Financial Ststements 14-20
The Confederation of Community Groups of Newry & District {A ¢ompany limited by guarant86. not having a share capltall TRUSTEES, AND OTHER INFORMATION Trustee$ Anne Woods Ewan Morgan Kellie Murray (Appointed 24 October 2024) Kerrie Havern Marie-claire Filzpatrick Moira O'shea Monica Rosè Heaney (Appointed 24 October 2024) Rosemary Rooney Rosemarie McDonnell (Resigned 24 October 2024) Deirdre Shields (Resigned 16 January 2025) Kalhleen Lowry (Resigned 20 February 2025) Colin Hanna (Resigned 19 June 2025) Chalrper80n Maureen Ruddy Company Secretary Raymond Jackson Charlty Number In Northern Iroland 101359 Company Reg18tratlon Number N1022294 Regl$tered Offlc• •nd Prfnclpal Addre88 Ballybol House Newry County Down BT35 8BG Audltor8 Malone Accx)unting Ltd Chartered Accounlants and Registered Auditors 12 Causeway Road Newcastle Down BT33 ODL Prlnclpal Bankern Bank of Irelarsd 12 Trevor Hill Newry County Down BT34 1 DT SolicStors Ciaran Raffety 83 Hill Street Newry County Down BT34 1 DG
The Confederation of Community Groups of Newry & District IA ¢ompany limited by guarantse, not having a Share capital) TRUSTEES, ANNUAL REPORT for the financial year ended 31 March 2025 The twslees present their Trustees, Annual Report, combining the Directors, Report and Trustees, Report. and the audited financial statements for the financial year ended 31 March 2025. The financial slalements are prepared in accordan with the Companies Act 2006, FRS 102 Yhe Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities= Statement ol Recommended Practice applicable to charities preparing their financial statements in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Trustees, Report conlains the information required to be provided in the Trustees, Annual Report under the Statement of Recommended Practice (SORP) guidelines. The trustees of the company are also charity trustees for the purpose of charity law and under the company's constitLrtion are known as members of the board of trustees. In this report the trustees of The Confederation of Communlty Groups of Newry & District present a summary of tts purpose, governan, adivities, achievements and finances for the financial year 31 March 2025. The charity is a registered charity and hence the report and results are presented in a form which complies wilh the requirements of Ihe Companies Act 2006 and, although not obliged to cornpty with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented Éts recommendations where relevant in these financial statements. Prlnclpal Actlvlty The principal activity of the Confederation of Community Groups is to promote the benefils of the inhabitants of the area of the Newry and Mourne District without distinction of sex or political, religious or other opinions by associating with the local authorities. voluntsry organisations and inhabitants in a common effort to advan education and to provide facilities in the interest of swal welfare for recreating and leisure time occupation with the object of improving the conditions of life for the area. Mlsslon, Objectives and Strategy The purpose of Ihe Confederation of Communty Groups is to support and encourage the development of voluntary adion by ¢ommunities and individuals and in so doing contribule to the creation of a powerful and inclusive community that will influence positive change. The Confederation of Community Groups is an umbrella organisation for voluntary and commLFnity groups in Northem Ireland in the Newry. Moume & Down area. It offers advice, practical support, services and training through a number of projects and seivices. Its work is funded by the Department for Communities, Newry, Mourne & Down District Council. Southem Health & Social Care Trusl, olher Government Departments, statutory bodies and a variety of independent bodies as we51 as its own social enterprise based at Ballybol House. It employs 12 people, has approximately 80 volunteers and is managed by a voluntary Management Committee drawn from its Community and Voluntary Group membership. Objectlves The objectives of the company- as defined by its goveming document- are.. To develop programmes and services to advance community development, citizenship and education, promote volunteering, relieve poverty and distress, youth and the aged, and for the promotion of good health, and the promotion of racial hannony and diversity. To promote and improve the efficiency and effectiveness of charities and voluntary and community groups by the provision and management for such organisations of office accomrnodalion, daycare facilFties, Conference, training, infomation, advice, payroll and other facilities, seNices or support. StruGture, GovernanGe and Management The Confederation of Community Groups is a company limited by guarantee and does not have a share capital. 11 is govemed by articles of association and the liability of each member is limited to an amount not exceeding £1. The Confederation of Community Groups has an induction programme for new executive committee members as part of which Ihey re1Ve a comprehensive induction pack and attend an induction meeting with the senior management team in which they afe advised of their legal responsibility, main duties and roles. The Executive committee have ultimate legal and financial responsibility for Ihe affairs of Confederation of Community Groups. although the management of the organisation is generally delegated to the staff. The management committee meets on a monthly or bi-monthly basis.
The Confederation of Community Groups of Newry & District IA company Ilmited by guarantee, not havlng a sharo capital) TRUSTEES, ANNUAL REPORT for the financial year ended 31 March 2025 Review of Activities, Achievements and Perforniance During thè year we provided high qualty projects and services and combined this work with our role as a sub-regional neOrk and community development support organisation. We collaborated with a wide range of partners. hosted several seminars and responded to a range of consultslions. We continued lo advocate on behalf of the ComNol sector in relation to economic development. Mmunity infrastructure, health & wellbeing and community engagement. Through our soaal enterprise {Ballybot House and An StOra$) we delivered affordable office accommodation, relail, day-c8re and venue hirelconference facilities. These revenues together with other generated income in our Resource centre and back-office generated approximatety 540/0 of total "nornal. revenues (excluding Hardship I cost of living funding) in the period. We provided capacity building, advice and support to a wide range of local community groups in areas such as . Assistance with drafting Con8ti1utions Guidance on organizational SIfU¢tu and development Risk assessments and Insurance. Financial control and management, Grant-tracker advice and help with grant applications for project actNIty. Access N.1. Enhanced Disdosure Checks. Through the Neighbourhood Renewal Programme the Confederation has been able to offer weekly support to community associations in the most deprived areas of Newry City. This work has seen continued improvement in governance struclures wilhin local groups and has facAlitated the delivery of a varied range of services and activities in local areas. Outside Newry City we worked with a wide range of additional community and voluntary groups assisting them with volunteer recruitment and engagement and ongoing volunteer management support. We assisted 19 groups in relation to Charity Registration, accounting, reporting and compliance. We provided additional training, operational planning and sourcing of funding with many groups. We continued to take an active role in Community Planning (wilh the engagement process beteen the statutory bodies and the comfvol sector) Ihrolbgh our memb8rship of local DEA Forums. We facilitated and delivered 28 community development training 8essions to 229 participant8 across the Newry and Moume area in 8 wide range of courses induding good governance and compliance, safeguarding, first aid, Cyber security and suicide awareness We continued to deliver the cross-border Circle of Learning project. This innovative project is fvnded by the Department of Foreign Affairs, Reconciliation Fund, and project managed by Co-operalion Iland. Older Peoples Communlty Programmo: In the CCG'S Good Morning project we have consolidated our volunteer base which now stands at more than 100 volunteers. We expanded our volunteer netsvork hubs, and continue our work engaging with key Health Trust teams. We have established addilional community volunteering hubs in both the Newry & Moume and ABC Council areas in partnership with groups such as ABC Neork Portadown and the West Amagh consortium, Armagh men's Shed and The Vibe Armagh. Cost of Llvlng l Hardshlp188ue8: We continued lo act as comlvol sector representalnies on NMDDC'S Community Coordination Hub (CCHI and have engaged with statutory departments and others to help coordinate the response to Hardship and the cost-of-living crisis. We completed the Hardship Funding programme via our 'EOI and Trusteed Partner scheme. and engaged with Ihe comlvol sector in the Newry, S Armagh and S Down area including food banks. SVdP etc. We also secured an additional £25k funding programme for people slruggling to pay utilily bills {funded by Newry Credit Union). We helpéd coordinate Norbrook Laboratories'we Care at Christmas" programme (induding distribution of cooked food, food hampers and toys> over a six-week period up to Christmas and induded 3 "older peoples" meals hosted at Norbrook headquarters.
The Confederation of Community Groups of Newry & District IA company limlted by guarani89, not having a share capltsll TRUSTEES. ANNUAL REPORT for the finanaal year ended 31 March 2025 Clvic Policy I Wider engagement We attended Community Development Network Forum ICDNF) meetings throughout the period and attended meetings with NICVA and Dfc to discuss Cost of Living (COLI crisis, civic infrastruclure. and VCD funding issues. CCG staff attended 'People & Place Review. meetings and regional meetings of the 36 NR Partnerships throughout the year as part of the wider review of regional support programmes and made a presentation to Dfc committee at Slormonl Flnanclal Results At the end of the financial year the charity has assets of £2.611.785 (2024 - £2,870,105) and liabilities of £178,421 12024 - £254,1 t1. The nel assets of the charity have incr8ased by £17,345. Reserves Positlon and Pollcy The Trustees consider it prudent lo hold monies in reser48 in the event that unforeseen circumstances shoulcl lead to financial dfficulties which mighl pul the future of its employment capacity and general Gharitsble Wofk in jeopardy. The policy is to maintain a level of free reserves which meets the needs of the organisation both at the current lime and in the foreseeable future. Free reseNes are its total funds excluding restricted funds. designated funds or income funds. Prlnclpal Rl8ks and Uncertalntles The management committee has actively reviewed the major risks which the charity fac88 and believes that the charity has sufficient resources in the event of adverse conditions. The management committee has also examined other business and operational risks, which the charity faces and Confirms that il has estsblished systems to mitigate significant risks. Trustees The trustees who $8rved throughout the finanaal year, except as noted, were as follows.. Ewan Morgan Anne Woods Rosemary Rooney Marie-claire Fitzpatrick Kerrie Havern Moira O'shea Rosemarie McDonnell (Resigned 24 October 20241 Monica Rosè Hèaney (Appointed 24 October 20241 Kellie Murray {Appoinled 24 October 2024) Deirdre Shields (Resigned 16 January 20251 Kathleen Lowry (Resigned 20 February 20251 Colin Hanna (Resigned 19 June 20251 Compllance wlth Sactor-wlde Legl8latlon and Standard• The charity engages pro-actively with legislation. standards and codes which are developed for the sector. The Confederation of Community Groups of Newry & District 3ubsrJibes to and is compliant wrth the following.. The Comp8nies Act 20Qk8 The Charities SORP (FRS 102> The Audltors The auditors, Malone Accounting Ltd. (Chartered Accountants) have indicated their willingness to conlinue in office in ardance wth the provisions of Section 485 of the Companies Act 2006. Approved by the 8oard of Trustees on 16 October 2025 and 8igned on its behalf by: Maureen Ruddy Chairperson
The Confederation of Community Groups of Newry & District IA company limited by guarantge. not havlng a sharè capital) STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financial year ended 31 March 2025 The trustees, who are also directors of The Confederation of Community Groups of Newry & District for the purposes of company law, are responsible for preparing the financial statements in accordance with applicable law and regulations. Company law requires the trustees as the directors to prepare financial statemenls for each financial year. Under that law the trustees have elected to prepare the financial ststements in accordance with United Kingdoffl Generally Accepted Accounting practi (United Kingdom Accounting Standards and applicable law) induding FRS102 "The Financial Reporting Standard applicable in Ihe UK and Republic of Ireland" Under company law the trustees musl not approve the financial stalements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the net income or expenditure of the charity for thal persod. In preparing these finanaal slatements. the trustees are required to= select suitable accounting policies and apply them consistently,. observe the methods and principles in the Charitie5 SORP make judgemenls and accounting estimates that are reasonable and prudent., state whether the financial stalements have been prepared in accordance with applicable accounting slandards, identify those standards. and note the effect and the reasons for any material departure from those slandards.. and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. As explained in note 3, slate whether the applicable in the UK and Republic of Ireland FRS 102 has been followed- The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose wth reasonable accuracy al any time the financial position ofthe charity and enable Ihem lo ensure that the financial statements comply with Ihe Companies Act 2006 and. They are also responsble for safeguarding the assels of the charity and hence for laking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware: there is no relevant audit information (information needed by the charity's auditor in cnnneGtion with preparing the auditorfs report) of which the charity's auditor is unaware. and the trustees have tsken all the sleps that they OLJght to have taken as trustees in order to make themselves aware of any relevant audit infomation and to establish that the charivs auditor is aware of that information. Approved by the Board of Trustees on 16 October 2025 and signed on its behalf by: Mauroen Ruddy Chairperson
INDEPENDENT AUDITOR'S REPORT to the Members of The Confederation of Community Groups of Newry & District IA company limitgd by guarantso, not havlng a share capital) Report on the audit of the financial Statsments Opinlon We have audited the charity financial statements ofThe Confederation of Communily Groups of Newry & District ('Ihe charity,) for the financial year ended 31 March 2025 which comprise the Statement of Financial Activities (incorporating an Income 8nd Expenditure Account), the Balance Sheet, the Ststemenl of Cash Flows and noles to thè financial stalemenls, including the summary of significant accounting policies set out in note 2. The finanoal reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities pr8paring their accounts in accordan with FRS 102. In our opinion, wh8n reporting in accordance with a fair presentation framework the financial statements.. give a true and fair view of the stale of the charity's affairs as at 31 March 2025 and of its surplus for the financial year then ended-, have been property prepared in accordance with United Kingdom Generally Accepted Arxounting practi,. and have been prepared in accordance with the wuirements of the Companies Act 2006 and the Charities Act (Northern Ireland) 2008. Basis for opinlon We conducted our audit in ac£ordance with Intem81ional Stsndards on Auditing (UK) (ISAS (UK)) and applicable18W. Our responsibilities under those standards are further describèd in the Auditorfs responsibilities for the audit of the financial slalements section of our report. We are independenl of the charity in accordance with ethical requirements that are relevant to our audit of the financial statèments In the UK, including the FRC'S Elhical Standard, and we have fulfill8d our other ethical responsibilities in accordance with these requirements. We believe that th8 audit evidence we have obtained is sufficienl and appropriate to provide a basls for our opinion. Conclu81ons relatlng to golng concem In auditing the financial statements. we have concluded that the truste8s' use of the going concem basis of accounting in the preparation of the finanaal statements is appropriate. Based on the work we have perfomi8d, we have not identified any material uncertainties relating to events or conditions that. individually or ¢ollectiV8ly, may cast significant doubt on the charily's ability to continue as a going ¢on¢ern for a P8riod of al least twelve months from the dale when the financial statements are authorised for issue. Our spOnsibl11t1eS and the responsibilities of the trustees with respect to going concem are described in the relevant 8ections of this report. Other Inforniatlon The other infomation comprises the infomation induded in the annual report other than the financial statements and our Auditorfs Report thereon. The trustees are responsible for the other infomiation contained within the annual report. Our opinion on the financial statements does not cover the other infomialion and, except to the extent othemise explicitly slated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other infomiation and, in doing so. consider whether the other infomiation is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit. or othetwise appears lo be materially misslaled. If we identify such material inconsistencies or apparent material misstatements, we are required lo delemiine whelher this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have perfomed, we Gonclude thal there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Opinlon on other matter pregcrlbed by the Companles A¢t 2006 In our opinion. based on the work undertaken in the course of the audit: the information given in the Truste88' Annual Report for the financial year for vthich the ffinanal statements are prepared is consistent with the financial statements., and the Trustees, Annual Report has been prepared in accordance with applicable legal requirements.
INDEPENDENT AUDITOR'S REPORT to the Members of The Confederation of Community Groups of Newry & District IA company limlted by guarantee, not having a Share capital} Matters on which we are required to report by exception In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identrfied material misstatements in the Trustees, Annual Report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion- adequate accounting records have not been kept-, or the financial statements are not in agreement with the accounting records and retums- or certain disdosures of trustees, remuneration specified by law are not made., or the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and lake advantage of the small companies, exemption in preparing the Trustees, Annual Report. Responsibilities of trustees for the financial statements As explained more fully in the Statement of Truslees, Responsibilities set out on page 8, the tnjstees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they detemine is necessary to enable the preparation of financial stalements that are free from material misstatement, whether due to fraud or error. In preparing the financial ststements, Ihe trustees are responsible for assessing the charity's ability to conlinue as a going concem, disclosing. 85 applicable. matters relaled to going concern and using the goin9 concem basis ol accounting unless management either intends to liquidate the thanty or to cease operations. Of has no realistic allemative but to do so. Auditorfs responsibilities for the audit of the financlal statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstalement. whether due to fraud or error, and to issue an Auditorfs Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material rf, individually or in the aggregate, they could reasonably be expected to Influen the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud. are inslances of non-compliance wrth law5 and regulations. We design procedures in line with our resFionsibilities. outlined above. to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: Further inforniation regarding the scope of our responsibilities as auditor As part of an audit in accordance with ISAS (UK), we exercise professional judgement and maintain professional scepticism throughout the audit. We also.. Identify and assess the risks of material misstatement of the finanaal statements. whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit eviden thal is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions. misrepresentations. or the override of internal control. Obtain an understanding of intemal ¢ontrol relevant to the audrl in order to design audit prI?dureS that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effertiveness of the charsty's intemal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disdosures made by Irustees. Conclude on the appropriateness of the trustees, use of the going nrn basis of accounting and, based on the audil evidence obtained. whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability to conlinue as a going conM. If we condude that a material UnrtaInty exists, we are required to draw attention in our AuditoVs Report to the related disdosures in the financial slalements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date ofourAuditorfs Report. However, future events or conditions may cause the charity to cease to continue as a going concem. Evaluate the overall presentation, structure and ¢ontent of Ihe financial stalements. including the disclosures, and whether the financial statemenls represent the underlying transactions and events in a manner that achieves fair presentation.
INDEPENDENT AUDITOR'S REPORT to the Members of The Confederation of Community Groups of Newry & District (A company limitod by guarantee. not havlng a sharo capltsll We Gommunicate with those charged wilh g0Veman regarding, among other matt8rs, the planned scope and timing of the audit and Significant audit findings, including any significant deficiencies in intemal control Ihat we identify during our audil. The purpo88 of our audSt work and to whom we owe our re8ponslbllltl88 This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies AGI 2006. Our audit work has been undertaken so Ihal we might state to thé charity's members those matters we are required to state to th8m in an auditorfs report and for no other purpose. To the fullesl extent pemitted by law. we do not acKept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed. Brendan Malone (Senior Statutory Auditor) for and on behalf of Malone A¢¢ounting Chartered Accountants and Registered Auditors 12 Causeway Road NEWCASTLE Down BT33 ODL Northern Ireland 16 Oetober 2025 10
The Confederation of Community Groups of Newry & District IA company limited by guarantee. not having a shar8 capital) STATEMENT OF FINANCIAL ACTIVITIES {Incorporatlng an Income and Expenditure Account) for the financial year ended 31 March 2025 Unrestrlcted Restrlcted Funds Funds 2025 2025 Total Unrestricted Restricted Funds Funds Funds 2025 2024 2024 Total Funds 2024 Notss Incoming Resources Charitable activities Grants from governments and other co-funders Aclivities for generating funds 32,100 413,422 445,522 31,950 553,075 585,025 318,940 318,940 290.887 290.887 Total Income 351,040 413.422 764,462 322.837 553,075 875,912 Expendlturo Ch8rit8ble activities 327,594 419,523 747,117 343,844 565,908 909,750 Net Incomellexpendlture} 23,446 (6,101) 17,345 (21,007) (12,831) (33,838) Transfers between funds Net movoment In funds for the financial year 23,446 16,101 17,346 121,007) (12,831) {33.838) Reconclllatlon of funds: Total funds beginning of the year 17 2,502,008 (86,009) 2,415,999 2,523,015 (73,178) 2,449,837 Total funds at tho end of the year 2,525,454 192,1101 2,433,344 2,502.008 (86,009) 2,415,999 The Statement of Financial Activities includes all gains and losses recognised in the financial year. All income and expendlture relate to ntInUing activities. The notes on pages 14 10 20 fonn part of the finanual stslements 11
The Confederation of Community Groups of Newry & District IA company limited by guarant¢e, not having a share capltsll Company Number: N1022294 BALANCE SHEET as at 31 March 2025 2025 2024 Notès Flxad A88ets Tangible assets Investments 2,094,431 2,094.431 12 2,094,432 2,094,432 Current Assets Debtors Cash at bank and in hand 13 14 39.416 477,917 179,641 396,032 517,333 575,673 Credltors: Amounts falllng due wlthln one year 15 1178.421) {254,106) Net Current A888ts 338,912 321.567 Total A88ets1988 Curront Llabllltlo• 2,433,344 2,415.999 Funds Restricted trust funds Designated funds {UnstrIcted) Gen6ral fund lunrestricled) 192,110) 1,265.219 1.260,235 (86,009) 1,265,219 1,236,789 Total fund8 17 2,433,344 2,415,999 These finanoal stalemenls have been prepared in accordance with the special provision8 relating lo small companies within Part 15 of thé Companies Act 2006. Approved by the 8oard of Tru8ta88 and authorf80d for188ue on 18 October 2025 and •lgned on It8 behalf by Maureen Ruddy Chairperson The notes on page8 14 to 20 fomi part of the finanual slalèments 12
The Confederation of Community Groups of Newry & District STATEMENT OF CASH FLOWS for the financial year ended 31 March 2025 2025 2024 Nots8 Cash flows from operating activities Net movement in funds Adjustments for.. Intèrest receivable and similar income 17,345 (33.838) 12,836) 14,509 (33,838) Movements in working capital.. Movemenl in debtors Movement in creditors 140,225 1100.512) (101,505) 96,527 Cash generated froml(used in) operalions 54,222 {38,8161 Cash flows from investing activities Interest received 2,836 Net Increa8elldecrease} in cash and cash equivalents Cash and cash equivalents at the beginnlng of the year 57.058 308,974 (38.816) 347,790 Cash and cash 8qulvalènts at tho end of the year 14 366.032 308,974 13
The Confederation of Community Groups of Newry & District IA Company limlted by guarantee, not havlng a share capltall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 GENERAL INFORMATION The Confederation of Community Groups of Newry & Distrid is a company limited by guarantee incorporated in Northem Ireland. The registered office of the company is Ballybot House, Newry. County Down, BT35 88G which is alw the Principal place of business of the charity. The financial statements have been presented in Pound (£). which is also the functional currency of the charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following a¢counlin9 policies have been applied con8iStently in d681ing with items which are considered material in relation to the Gharity's financial statements. Basls of preparation The financial statements have been prepared under the historical cost convention, modified lo include certain items at fair value. The financial stataments have b88n prepared in accordance with th8 Statement ol Recommended Pradice (SORP) "Accounting and Reporting by Charities preparing their ac¢ounls in accordance with Ihe Financial Reporting Standard applicable in Ihe UK and Républic of Ireland FRS 102" As permitted by the Companies Act 2006. charity has varied the standard formats in Ih81 act for the Stalèment of Financial Activities and Ihe Balance Sheet. Departures from the standard formats are to comply with the requirements of the Charities SORP and follow section 4.7, 10.6 and 15.2 ofthat SORP. Statement of compllan¢e The financial statements of the ch8rity for the financial year ended 31 March 2025 have been prepared on the going concèm basis and in accordance with the Statement of Recommendèd Practice (SORP) 'AcUntIng and Reporting by Charities preparing their accounts in acwrdance with the Financial Reporting Standard applicable In the UK and Republic of Ireland FRS 102.. Fund accountlng The following are the calegories of funds maintalned.. R•8trlcted funds Restricted funds repSent income received which can only be used for purposes, as spec4fied by the donors. Such purposes are wtthin the overall objectives of Ihe charity. Unrestrlcted fund8 Unrestricted funds consist of General funds & Designated funds. General funds represent amounts which are expendable at the di$¢tiOn of the board, in fvrtheran¢e of the objectives of the charity. Designated funds fom part of Ihe companys unrestricted funds and are those funds which are to be used for purposes in the future. The designated fund is in resp8Ct of the funding received for thè An Storas Building. Incomlng Re8ource• Income is recognised by inclusion in the Statement of Fin8ncial Activities only when the charity is legally entitled to the income, performance conditions attached to th8 item{s} of income have been met, the amounts involved Can be measured with sufficient reliability and it is probable that the income will be received by the charity. Income from charitable a¢tlvitie8 Income from charilable activities includes income eamed from Ihe supply of services under contractual arrangements and from perfomance-related grants which have conditions that specify the provision of particular services to be provided by the charity. Income from govemmenl and other co-fvnders is recognised when the charity is legally entitled to the income because it is fulfilling the conditions contained in the related funding agreements. whe a grant is received in advance. its recognition is deferred and included in creditors. Vvhere enlitlemenl occurs before income is received, it is accrued in debtors. 14
continued The Confederation of Community Groups of Newry & District IA company limited by guarant8e, not havlng a share capltall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 Grants from governments and other co-funders typically includ8 one of the following types of conditions.. Performance-based Conditions.. whereby the charity is contradually entitled to fijnding only to the extènt that the core objectives oflhe grant agreèment are achieved. Wher6 the Gharity meets the core objectives of a grant agreement, it cogniseS the related expenditure, to the extent that it is reimbursable by the donor, as income. Time-based conditions.. whereby the charity is contractually èntitled to funding on the condition that it is utilised in a particular period. In these cases, the charity recognises the income to the extent it is utilised within the period specified in the agreement. In the absence of such conditions. assuming that receipt is probable and the amount can be reliably measured, grant income is recognised once the charity is notified of entitlement. Grants received towards capital expenditure are credited to the Stalemenl of Finanaal Activities when received or receivable, whichever is eadier. Expendlture Expenditure is analysed between costs of charitable activities and raising funds. The costs of each activity are separately accumulated and disclosed and analysed according to their major components. Expenditure is recognised when a legal or constructive obligation exists as a result of a past event, a transfer of economic benefits is required in settlement, 8nd the amounl of the obligation can be reliably measured. Support costs arè those functions that assist the work of the tharity but cannot be attributed lo one activity. Such Costs are allocated to activities in proportion to staff time spènt or other suitable measures for each activity. Investments Investments held as fixed assets are stated at cost less provision for any pemanent diminution in value. Income from other financial fixed asset investments together with any related tax credit is re¢ognised in the income and expenditure account in the financial year in which it is receivable. Dabtorn Oebtors are recognised at the settlement amount due after any di8Unt offered. Prepayments ere valued at the arnounl prepaid nel of any Irade discounts due. Income recognised by the charity from govemment 8genaes and other c(>funders, but not yet received at the financial year end, is induded in debtors. Ca8h at bank and in hand Cash at bank and in hand comprises cash on deposit at banks requiring less than three months notice ol withdrawal. Taxatlon No current or deferred taxation arises as the charity hag been granted charitable exemption. Ir0Verable valued added tax is expensed as incurred. GOING CONCERN These financial statements have been prepar8d on a going concem basis due to the forecast availability of continuing grant assistance and income. 15
continued The Confederation of Community Groups of Newry & District IA company limited by guarantee, not having a share capltal NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 INCOME CHARITABLE ACTIVITIES Unrestricted Rostricted Funds Funds 2025 2024 Grants from governments and other co-funders: DFC Social Supermarket Project SHSCT {Older People) DFC {Community Investment Fund) NMDDC {Neighbourhood Renewal Grants) NMDDC Core Fund Newry Credit Union Utilities Fund Co-operation Ireland (Cirde of Learning) Arbour HouselRadius Housing Community Work & Education HSCB Out-8ound Telephone Support SSM Food Crisis EOI DFC Hardship Fund John Moore Foundation 181,247 98,000 67,466 55.341 181,247 98.000 67,466 55,341 25,800 8,200 6,300 2,425 743 133,473 63,828 64,641 50,766 25,800 24.000 6,150 25,800 8,200 6,300 2,425 743 1,449 17,500 26,207 161.211 10,OC 32.100 413,422 445,522 585.025 OTHER TRADING ACTIVITIES Unrestricted Restricted Funds Funds 2025 2024 Ballybot House Development Management Fees Allocation of Overhead Costs lo Projects Resource Cent Affiliation fees 274,069 33,400 5.768 4,923 780 274,069 33,400 5,768 4,923 780 239,153 37,200 7,600 5,894 1,040 318.940 318,940 290,887 EXPENDITURE CHARITABLE ACTIVITIES Direct Costs othèr Costs Support Costs 2025 2024 Charitable Activilies DFC Social Supemiarket Project NMODC Neighbourhood Renewal Newry Credit Union Utilities Fund Co-operation Ireland (Circle of Learning) Governance Costs (Note 5.2) Arbour HouselRadius Housing Community Work & Education SSM Food Crisis EOI DFC Hardship Grants 345,810 181,247 65,530 8,200 5,850 133,922 479,732 181,247 65,530 8.200 5,850 492,703 133,473 62,456 24,000 4,861 3.390 2,425 743 3,390 2,425 743 3,390 1.449 26,207 161,211 613.195 133,922 747,117 909,750 GOVERNANCE COSTS Dlrect Costs Other Costs Support Costs 2025 2024 Charitable aclivities - govemance costs 3,390 3.390 3.390 16
The Confederation of Community Groups of Newry & District continued IA company limlted by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS for the finanual year ended 31 March 2025 ANALYSIS OF SUPPORT COSTS 2025 2024 Utililies Administration & Management Charge Repairs & Mainlenan Computer Costs General Expenses Prinling & Stalionery Rent & Service Charge Insurance Hospitality Bank fees Volunteer Expenses Staff Training 49.072 28,621 16,638 9,524 7,849 6,894 4,977 4,498 2,218 2,217 994 420 60,492 30,423 33.218 9.885 5,949 5,947 7,431 8.866 4,764 2,022 850 1.612 133,922 171,459 NET INCOMING RESOURCES 2025 2024 Net Incoming Resources are stated after charglnglcrediting): Auditols remuneration.. audit servi$ 3,390 3,390 INVESTMENT AND OTHER INCOME 2025 2024 Bank interest 2,836 2,365 EMPLOYEES AND REMUNERATION Number of employees The average number of people employed durFng the financial year was as follows.'12 2025 Number 2024 Number permanent 12 12 The slaff costs comprise.. 2025 2024 Wages and salaries Employerfs national insuranr Pension costs 343,696 27,822 22.686 335,314 26.018 18,288 394.204 379.620 10. There We no employees who reived employee benefits exduding employer pension costs of more than £60,000 for the reporting period. 17
continued The Confederation of Community Groups of Newry & District {A company Ilmited by guarantee, not havlng a Sha capital) NOTES TO THE FINANCIAL STATEMENTS for the finanaal year ended 31 March 2025 15. CREDITORS Amounts falling due within one year 2025 2024 Bank overdrafts Accruals and deferred income Taxation and social security costs Trade ¢ditOrS 111.885 51,763 .214 6.559 87,058 157,672 9.376 178,421 254,106 The Department of Health and the Department for Infrastructure hold as security a deed of covenant and Gharge to the amount of £1(rfJ.000 and £4CQ,oc respe1Ve1Y in respect of the company's property at Cornmarket, Newry. The Department of Agriculture. Environment & Rural affairs for N Ireland also hold as security and all monies debenture in respect of the land and premises at Cornmarf(et, Newry. The Departmenl for Communities hold a fixed tharge on the An Storas building. Bank of Ireland hold a floating debenture over the company. 16. RESERVES 2025 2024 Al the beginning of Ihe year Surplusl(Defirit) for the financial year 2,415,999 17,345 2.449,837 (33.838) At the end of the year 2.433.344 2,415,999 17. FUNDS 17.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted Restricted Funds Funds Total Funds At 1 April 2023 Movement during the financial year 2,523,015 (21,007) {73,178) {12,831) 2.449,837 (33,8381 Al 31 March 2024 Movement during the financial year 2,502,008 23.446 (86,009) (6.101) 2.415.999 17,345 At 31 March 2025 2.525,454 192,1101 2,433,344 19
¢ontinued The Confederation of Community Groups of Newry & District IA company limlted by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 17.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 Aprll 2024 Income Expenditure Transfèr8 between funds Balance 31 March 2025 Restricted fund8 Ballybot House Development Community Investment Fund Community Store Community Work & Education Credit Union Oil Fund DFC Social Supermarket Neighbourhood Renewal 3 NMDDC (Neighbourhood Renèwal) Volunteering & Older People's project (767) (28,597) 2,354 8,847 17671 128,5531 2,354 8,847 67,466 65,422 743 8,200 181,247 743 8.200 181,247 (104,763) 49,398 104,763 (104,763) 55,341 65,730 (65,754) (12,481) 100,425 98,181 (10,237) 186,009) 413,422 419.523 {92,1101 UnrestrS¢tsd fund8 An Stora8 Ballybol House Development Community Resource Centre General Fund Newry, Moume & Down District Council 1,265,219 1,454,150 14,926 (119,042) (113,245) 1,265,219 1,525.775 18,535 1161,635) (122,440) 263,883 4,923 56,434 25.800 192,258 1,314 99,027 34,995 2,502,008 351,040 (327,5941 2,525,454 Total fund• 2,415.999 764,462 747,117 2,433.344 18. STATUS The charity is limited by guarantee nol having a share capital. The liability of the members Is Ilmited. Every member of the company undertakes to contribut8 to the assets of the company in the event of its being wound up while they are members, or within one financial year thereafter, for the payment of the debls 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 contnbutors among themselves, such 8mounl as may be required, nol exceeding £ 1. 19. CONTINGENT LIABILITIES The Confederation of Communty Groups has obligations under standard grant letters of offer to repay amounts received as grants in the event of the breach of or non-compliance with the conditions of the agreements. At present the trustees believe that all grant (x)nditions have been complied with, and that no liabilities exist. 20. RELATED PARTY TRANSACTIONS None of the truslees have been paid remuneration or have received other benefits from the charity. No trustee expenses have been incurred. 21. POST-BALANCE SHEET EVENTS There have been no significant events affecting the Charity since the financial year-end. 20