# **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**<br>||
|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|