Charity Nurnber: 101488 Strathroy Community Association Annual Report and Unaudited Financial Statements for the year ended 31 March 2023
strathroy Community Association CONTENTS Page ReferenGe and Administrative Information Trustees, Report Independent Examiner's Report Statement of Financial Activities Notes to the Financial Statements Supplementary Information relating to the Financial Statements
Strathroy Community Association REFERENCE AND ADMINISTRATIVE INFORMATION Trustees Martin Mccolgan Marion Mcmahon Caroline McPhilomey Barry Mccolgan Patrick Hosey Donna Smylh Kevin Mccolgan Helen Mcmahon Cathy Mccolgan Catherine Kelly Deborah Dohety Lisa Fleming Gareth Mccrory Kerry Mccolgan Charity Number in Northern Ireland 101488 Principal Address Slralhroy Community Centre Drumlea Crescent Slralhroy Omagh Co Tyrone BT79 7XE Independent Examiner Conor Eannetta BAIHonsl AFA MIPA 8 Killins Wood Avenue Mounffield Omagh Co Tyrone BT79 7UT Bankers AIB Bank 2-4 East 8ridge Street Enniskillen Co Fermanagh BT74 7BT
strathroy Community Association TRUSTEES. REPORT for the year ended 31 March 2023 The trustees present their Trustees, Report and the unaudited financial statements for the year ended 31 March 2023. The financial statements are prepared in accordance with the Cornpanies Act 2006, FRS 102 Vhe Financial Reporting Standard applicable in the UK and Republic of Ire18nd" and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102). In this report the trustees of Slrathroy Community Association present a summary of its purpose, governance, activities. achievements and finances for the financial year 31 March 2023. Mission, Objectlves and Strategy Mission Statement Slralhroy Community Association ISCAI provides a wide range of social activities for the Slrathroy and wider communities. On a daily basis. the association provides a playgroup facility. an after-schools club and a youth club facility- All staff and volunteers who work in SCA have been Access Nl checked. have undergone Child Protection Training and have been taken through and fully understand the Associations Child Protection Policy. On Tuesdays, a local Down Syndrome's group meet in the centre and enjoy various activities essential for their development. On Wednesdays, the Senior citizens group and Women's group meet in the centre for games and activities and a light lunch. On Thursday. the Parent and Toddler group meet. On Saturday. an Autism group use the facilities. Activities which run for block weeks (for example 6 weeks) include Irish Dancing Classes, Zumba and a drop inn ntre for young people. The Community Centre will always have a member of staff, a volunteer or a committee member al the reception desk. This ensures access to the building for everyone and an opportunity for people lo drop in at any lime and receive a high quality service. Thmughoul the year various meetings take place in the Community Centre - Inter Agencies are facilitated by Supporting Communities Nl {SCNI) 4 times a year in which local residents meet with various agencies and discuss their issues. Agencies include NIHE, Omagh District Council, DSD Neighbourhood Renewal. Transport Nl (formerly DRDI, PCSP and PSNI. Neighbourhood Renewal Meetings also take place in the Cornrnunily Centre in which community representatives from other NR are8s also attend Seasonal activities which lake place include Summer Schemes and Christmas Celebralions. The SCA management committee also meet once a month and hold our AGM annually. Objectives The Association is esl8blished to.. 2.1 relieve povety, sickness and the aged to promote the benefit of the inhabitants of the Stralhroy estate and district area of Co Tyrone and its environs Ihereinafter described as "the area of benefit") without distinction of age. gender, race. political, religious or other opinion, by associating the slalulory aulhorilies. voluntary organisations and inhabitants in a common effort lo advance education, and lo provide facilities in the interests of social welfare for recreation or other leisure-time occupation, with the object of improving the conisitions of life for the said inhabitants-, 2.2 to establish or secure the establishment of 8 Community Centre Ihereinafter called "the Centre") and to maintain and manage or to co-operate with any local stalulory authority in the maintenance 8nd management of such a Centre for aclivikn'es promoted by the Association and ils conslituenl bodies in furth8rance of the above objects. Structure, Governance and Management Structure The trustees who served during the year are as follows.. Martin Mccolgan Kevin Mccolgan Caroline McPhilomey Catherine Kelly Lisa Fleming Donna Smyth Marian Mcmahon Cathy Mccolgan Patrick Hosey Gareth Mccrory Helen Mcmahon Barry Mccolgan Kerry Mccolgan Deborah Doherty Governance In accordance with the Constitution, the trustees retire by rotation and, being eligible, offer themselves for re-election. Revlew of Activities. Achievements and Performance The Association continues lo organise and provide variou5 activities for all ages in our community. Throughout the various activities and 8venls we continue to welcome new participants which continues lo expand year on year.
Strathroy Community Association TRUSTEES. REPORT for the year ended 31 March 2023 Financial Review The Association is dependent on grants and voluntary income. The Association returned a surplus for the year of £1.782 as detailed on page 7. Results At the end of the year the Association has assets of £4,795 (2022 - £3.0131 and liabilities of £ NIL {2022 - £NIL)- The net assets of the charity have increased by £1,782. Reference and Administrative details Reference and adrninistrative details are as staled on page 3 of the financial statements. Compllance with Sector-wide Legislation and Standards The charity engages pro-actively with legislation. standards and codes which are developed for the sector. Strathroy Community Association subscribes to and is compliant with the following.. The Charities SORP (FRS 1021 Public Benefit ststement Stralhroy Community Association (SCA) operates in a manner which benefits the wider public in which all purposes are charitable. SCA'S governing document clearly Slates that the chaTlty's purposes are clear to the trustees, the beneficiaries and supporters and to the wider general public. We believe our puOseS satisfy the elements of the public benefit requirement as follows- Purpose 1- Relieve poverty, sickness and the aged The direct benefits which flow from purpose 1 include access to affordable services e.g. childcare. social inclusion which leads lo improved mental health. education and raised awareness around health issues {mental and physical health) and Ihe increased participation and involvement of the older people in our community. These benefits are demonstrated through both written and verbal feedback and through form81 and informal evaluation gathering qualilalive and quantitative information. Purpose 2- To advance education The direct benefits which flow from purpose 2 include,. access to low cost, high quality education which participants may not otherwise engage in. the provision of accredited and non-accredited training which is affordable and delivered locally in a safe and wami environment. and the skills development of the local community. These benefits are demonstrated through feedback from participants and other organisations. completed evaluations and attendance records. Purpose 3.- To provide facilities in the interest of public welfare The direct benefits which flow from this purpose include,. implementation of a programme of activities based on the identified needs of the area within our community centre. the provision of a base for a variety of activities. events. services and facilities for the local estate and the wider community. the local and wider community having the opportunity to participate in a range of activities which enhances their quality ot life. raises self-esteem. reduces social isolation and encourages community participation. These benefits 8re demonstrated through records of the acliviliesl programmes elc which are run through the centre, attendance at these eventsl courses etc and the value placed on these servicesl facilities by statutory and other agencies. The beneficiaries of our organisation are those living within the Strathroy area and the wider district area of Omagh. Users of the Community Centre directly bellefit through participating in the various activities provided. The children who allend our community afterschool's club directly benefit by having access lo a local. low cost facility. The wider community benefit indirectly through our centre being used as an outreach facility lo tackle specific issues e.g. health. education and environment. The parents of children allending our playgroup indirectly benefit through the knowledge that their children are being cared for in a secure and caring environment. The provision of affordable childcare also allows the opportunity for parents lo relum to work andl or avail of training opportunities either within the community centre or the wider area. which enhances their own lives and the lives of the families. Our community association are represented on a number of different committee5, which ensures we have a voice and that our needs and issues are being listened to and mel. This also allows us to have an impact on decisions being made which affect us. This indirectly benefits the public and the wider community as our associab'on listens to and represents the whole area. The wider ¢ommunity benefits as the profile of the area is raised through the work of the community association which has a positive impact on the wider community and its environs. There is no hami related to any of these benefits. Approved by the Board of Trustees on 29 January 2024 and signed on its behalf by: artl Trustee ccolgan nna Trustee
Strathroy Community Association INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF STRATHROY COMMUNITY ASSOCIATION I have examined the financial slalemenls of the charity forthe year ended 31 March 2023, which comprise the Receipts and Payments Account, the Statement of Assets and Liabilities and the related notes. This report is made solely to the charity's members, as a body. in accordance with the Charities Act (Northern Ireland) 2008. My work has been undertaken so Ihal I might compile the financial slalements that I have been engaged lo compile. report to the Board of Trustees that I have done so. and slate those matters that I have agreed lo slate lo them in this report and for no other purpose. To the fullest extent permitted by law. I do not accept or assume responsibility lo anyone other than the charity and the charity's members. as a body, for my work, or for this report. Respective responsibilities of trustees and examiner The charity's Iruslees are responsible for the preparation of the financial st8temenls in accordance with the requirements of the Charities Act (Northem Ireland) 2008. The charivs twslees consider that an audit is not required for this year under th& Charities Act (Northem Ireland) 2008 and that an independent examination is required. It is my responsibility to.. examine the financial slalements under section 65 of the Charities Act-, follow the procedures laid down by the general Directions given by the Charity Commission for Northem Ireland under section 6519){b) of the Charities Act., and slate whether particular matters have come to my attention. Basis of independent examiner's report I have examined your charity financi81 statements as required under section 65 of the Ch2rilies Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9llb) of the Charities Act. An examination includes a review of the accounting records kept by the charity and a comparison of the financial slalements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the trustees concerning 8ny 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 to whether the accoLJnls present a 'true and fair, view and the report is limited to those matters set out in the slalemenl below. In connection with my examination. no matter has come to my attention which gives me cause lo believe (hat in. any material respect.. accounting records were not kept in accordance with section 63 of the Charities Act the financial st8terllenls do not accord with those accounting records the financial slaletnents have not been prepared in accordance with the Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS102) there is further information needed for a proper understanding of the accounts to be reached. Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination to which attention should b8 drawn in this report in order to enable a proper understanding of the financial statements lo be reached. CONOR EANNETTA BA(HONS) AFA MIPA 8 Killins Wood Avenue Mounffield Omagh Co Tyrone BT79 7UT Date: 29 January 2024
strathroy Community Association FINANCIAL STATEMENTS for the year ended 31 March 2023 Unrestrlcted Funds 2023 Total Total 2023 2022 Notes Receipts and Payments Account Receipts Generated funds: Voluntary Income Donations Charitable actlvltles: VVHSCT FODC Own Funds 3,375 500 1.030 3,375 500 1,030 2,025 500 685 Total receipts 4,905 4,905 3.210 Payments Charitable activities: Events and workshops Volunteers Admin expenses 1,475 480 1,168 1.475 480 1.168 5.154 725 1.976 Total payments 3,123 3,123 7,855 Net receiptsl{payments) for the year Balances brought forward at 1 April 2022 1.782 3.013 1,782 3.013 14,6451 7,658 Balances carried forward at 31 March 2023 4.795 4.795 3.013 Statement of Assets and Liabilities Cash funds Bank and cash 4,795 4.795 3.013 Approved by the Board of Trustees and authorised for issue on 29 January 2024 and signed on its behalf by artiTr'McColgan Trustee Donna Smy Trustee Thè notes on pages 8 10 9 forrn part of the financlal slatgm9nts
strathroy Community Association NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2023 GENERAL INFORMATION stralhroy Community Association is a charity incorporated in Northern Ireland. The registered office of the charity is Stralhroy Community Centre, Drumlea Crescenl, Slrathroy. Omagh, Co Tyrone BT79 7XE which is also the principal place of business of the charity The financial statements have been presented in Pound Sterting {£) which is also the functional Gurrency of the Charity. ACCOUNTING POLICIES The following accounting policies have been applied consistently in deallng Wlth items which are considered material in relation to the charity's financial statements. Basis of preparation The financial statements have been prepared under the historical cost convention and in accordance with Part 8 of the Charities Act {Northem Ireland) 2008. They also comply with the Statement of Recommended Practice {SORP 2005, as updated in 20081 and with the financial reporting standards. The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the charity's financial statements. statement of compliance The financial statements of the charity for Ihe year ended 31 March 2023 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 St2ndard applicable in the UK and Republic of Ireland IFRS 102) {effeclive 1 January 20151" and FRS 102 "The Financial Reporting Sland8rd applicable in the UK and Republic of Ireland" applying Section 1A of that Standard. Incoming Resources Voluntary income or capital is included in the Statement of Financial Activities when the charily is legally enlilled to it, its financial value can be quantified with reasonable certainty and there is reasonable certainty of ils ultimate receipt. Entitlement to legacies is considered established when the charity has been notified of a distribution to be made by the executors. Income recèived in advance of due perfomiance under a contract is accounted for as deferred income until earned. Grants for activities are recognised as income when the related conditions for legal entitlement have been mel. All other income is accounted for on an accrua15 basis. Income from charitable activities Income from charitable acts'vities include income eamed from the supply of seryices under contractual arrangements and from perfomiance related grants which have conditions that specify the provision of particular service5 to be provided by the charity- Income from govemmenl and oiher co-funders is recognised when the charity is legally entitled to the income because it is fulfilling the conditions contained in the related funding agreements. Where a grant is received in advance. ils recognition is deferred and included in creditors. Where entitlement occurs belore income is received. it is accrued in debtors. Grants from govemments and other co-funders typically indude one of the following types of conditions: Performance based conditions.. whereby the charity is contractually entitled to funding only lo the extent that the core objectives of the grant agreement are achieved. Where the charity is meeting the core objectives of grant agreement. it recognises the related expenditure, to the exlenl that it is reimbursable by the donor, as income. -Time based conditions.. whereby the charity is contractually entitled to funding on the condition that it is ulilised 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 Statement of Financial Activities when received or receivable. whichever is eadier. Resources Expended All resources expended are accounted for on an accruals basis. Charitsble activities include costs of services and grants, support costs and depreciation on related assets. Costs of generating funds similarly include fundraising activities. Non-staff costs not attributed lo one category of activity are allocated or apportioned pro- rata to the staffing of the relevant service. Finance. HR. IT and administrative staff costs are directly attributable to individual activities by objective. Governance costs are those associated with constitutional and statutory uirements.
strathroy Community Association NOTES TO THE FINANCIAL STATEMENTS continued for the year ended 31 March 2023 Cash at bank and in hand Cash at bank and in hand comprises cash on deposit at banks requiring less than three months notice of withdrawal. Taxation and deferred taxatlon No current or deferred laxalion arises as the charity has been granted charitable exemption. Irrecoverable valued added lax is expensed as incurred. Deferred tax is recognised in respect of all liming differences that have originated bul not reversed at the balance sheet date where transactions or events have occurred al that date that will result in an obligation lo pay more tax in the future. or a right to pay less lax in the future. riming differences are temporary differences beeen the charity's taxable profits and ils results as staled in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated lo apply in the periods in which the liming differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date. ANALYSIS OF PAYMENTS AND RELATED INCOME FOR CHARITABLE ACTIVITIES Group activities Total Charitable activities". Direct and other payments Costs 3.123 3,123 SUPPORT PAYMENTS Support costs Total Events and workshops Volunteers Administrative costs 1.475 480 1,168 1,475 480 1,168 3,123 3.123 RESERVES 2023 2022 At 1 April 2022 (Deficit) for the year 3.013 1,782 7.658 14.645} At 31 March 2023 4,795 3.013 FUNDS ANALYSIS OF NET ASSETS BY FUND Current assets Current liabilities Total Unrestricted general funds 4.795 4.795 4,795 4.795 CASH AND CASH EQUIVALENTS 2023 2022 Cash and bank balances 4.795 3.013 POST-8ALANCE SHEET EVENTS There have been no significant events affecting the Charity since the year-end.
STRATHROY COMMUNITY ASSOCIATION SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 10
Strathroy Community Association SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS Operating Statement for the year ended 31 March 2023 2023 2022 Income Donations Grant- WHSCT Fermanagh Omagh District Council Own Funds 3,35 500 1,030 2,025 500 685 4,905 3,210 Expenses Events and workshops Volunteers Insurance Office costs Computer costs Professional fees Bank charges Charitable donations 1,475 480 885 213 5,154 725 730 83 287 800 76 70 3,123 7,855 Net surplusl{deficit) 1.782 14.6451 The supplementary informalion does not form part of the financial statements 11