CAVANACARRAGH COMMUNITY ASSOCIATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
Cavanacarragh Community Association
Income and Expenditure Account for the Year Ended 31 December 2025
|
|
2025 |
|
|
2024 |
|
Notes |
£ |
£ |
£ |
£ |
| Income |
|
|
|
|
|
| Income Received |
1 |
|
25,991 |
|
14,267 |
| Income Accrued |
|
|
- |
|
- |
| Total Income |
|
|
25,991 |
|
14,267 |
| Less Expenses |
|
|
|
|
|
| Expenditure Paid |
2 |
14,181 |
|
15,252 |
|
| Expenditure Accrued |
3 |
10,000 |
|
1,500 |
|
|
|
24,181 |
|
16,752 |
|
| Surplus/(Deficit) for the Year |
|
|
1,810 |
|
(2,484) |
|
|
2025 |
|
|
2024 |
|
Notes |
£ |
£ |
£ |
£ |
| Non-Current Assets |
|
|
|
|
|
| Land & Buildings |
|
|
231,523 |
|
231,523 |
| Fixtures & fittings (original cost) |
|
|
9,500 |
|
9,500 |
| Plant & Machinery (original cost) |
|
|
17,111 |
|
17,111 |
|
|
|
258,134 |
|
258,134 |
| Current Assets |
|
|
|
|
|
| Cash in Bank |
4 |
47,512 |
|
43,679 |
|
| Cash in Hand |
5 |
6,499 |
|
1,635 |
|
| Bar Stock |
|
1,613 |
|
|
- |
|
|
55,624 |
|
45,314 |
|
| Current Liabilities |
|
|
|
|
|
| Accruals |
3 |
(10,000) |
|
(1,500) |
|
|
|
(10,000) |
|
(1,500) |
|
| Net Current Assets |
|
|
45,624 |
|
43,814 |
| Total Assets less Current Liabilities |
|
|
303,758 |
|
301,948 |
| Financed by Capital Account |
|
|
|
|
|
| Balance as at 01/01/2025 |
|
|
301,948 |
|
304,432 |
| Surplus/(Deficit) for the Year |
|
|
1,810 |
|
(-2,484) |
| Balance as at 31/12/2025 |
|
|
303,758 |
|
301,948 |
|
|
|
|
|
|
Cavanacarragh Community Association Notes to the Accounts for the Year Ended 31 December 2025
| Note 1-Income Received |
2025 |
2024 |
| Grant Income |
- |
1,995 |
| Hall Hire |
1,680 |
2,080 |
| Donations |
1,407 |
200 |
| Bar Sales |
7,686 |
1,760 |
| Ticket Sales |
4,888 |
758 |
| Door Receipts |
7,756 |
6,453 |
| Food Sales |
2,136 |
684 |
| Miscellanous |
71 |
- |
| Bank Interest Income |
348 |
317 |
| NIE |
20 |
20 |
|
25,991 |
14,267 |
| Note 2-Expenditure Paid |
|
2025 |
2024 |
| Broadband |
|
360 |
446 |
| Donations |
|
2,870 |
4,550 |
| Electricity |
|
1,256 |
716 |
| Insurance |
|
630 |
706 |
| Kitchen Expenses |
|
1,880 |
- |
| Bar Licence Fees |
|
306 |
934 |
| Maintenance |
|
4,745 |
5,715 |
| Water |
|
412 |
270 |
| Legal Fees |
|
71 |
- |
| Oil |
|
655 |
489 |
| Bar Expenses ( deducting Accrual ) |
- |
1,181
|
|
| Entertainment |
|
810 |
- |
| Advertising |
|
420 |
130 |
| Food |
|
139 |
600 |
| Bank Charges |
|
21 |
42 |
| Refuse Collection |
|
363 |
167 |
| Ticket Refunds |
|
285 |
- |
| Miscellanous Expenses |
|
140 |
1,987 |
|
|
14,181 |
16,752 |
| Note 3-Expenditure Accrued |
2025 |
2024 |
| Legal Fees for Acquisition of Bar Licence |
7,000 |
- |
| Bar Expenses not yet invoiced |
3,000 |
- |
| OutstandingDonation Cheque |
- |
1,500 |
|
10,000 |
1,500 |
| Note 4-Cash in Bank |
2025 |
2024 |
| Bank a/c 1 Santander Current ****5955 |
7,940 |
4,435 |
| Bank a/c 2 Santander Savings ****5967 |
33,497 |
33,151 |
| Bank a/c AIB LSP ****7246 |
2,767 |
2,767 |
| Bank a/c AIB Millenium ****7162 |
3,224 |
3,224 |
| Bank a/c AIB St Matthews ****8183 |
3 |
23 |
| Bank a/c AIB Select ****7089 |
81 |
79 |
|
47,512 |
43,679 |
| Note |
5 |
-Cash in Hand |
2025 |
2024 |
| Cash |
in |
Hand - GBP |
6,350 |
1,635 |
| Cash |
in |
Hand - EUR(gbp) |
149 |
- |
|
|
|
6,499 |
1,635 |