Charity Number: 101488 Strathroy Community Association Annual Report and Unaudited Financial Statements for the financial year ended 31 March 2025
Strathroy Community Association CONTENTS Page Reference and Administrative Information Trustees, Report Independent Examinerfs Report Financial Statements Notes to the Financial Statements 10-12 Supplementary Infomiation relating to the Financial Statements 14
Strathroy Community Association REFERENCE AND ADMINISTRATIVE INFORMATION Trustees Martin Mccolgan Donna Smyth Marion Mcmahon Caroline McPhilomey Barry Mccolgan Patrick Hosey Kevin Mccolgan Helen Mcmahon Cathy Mccolgan Catherine Kelly Deborah Dohety Lisa Fleming Gareth Mccrory Kerry Mccolgan Charlty Number in Northern Ireland 101488 Principal Address Strathroy Community Centre Drumlea Crescent Strathroy Omagh Co Tyrone BT79 7XE Indèpendent Examiner Conor Eannetta BA{Hons) MIAB 8 Killins Wood Avenue, Mounffield, Omagh Co Tyrone BT79 7UT Principal Bankers AIB Bank 24 East Bridge Street Enniskillen Co Fermanagh BT74 7BT
Strathroy Community Association TRUSTEES. REPORT for the financial year ended 31 March 2025 The trustees present their Trustees, Report and Ihe unaudited financial statements for the financial year ended 31 March 2025. The financial statements are prepared in accordance with the Charities Act (Northern Ireland) 2008, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charitie5= Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102). The Twstees. Report contains the information required to be provided in the Trustees, Annual Report under the Statement of Recommended Practice {SORP) guidelines. The trustees of the charity are also charity trustees for the purpose of charity law and under the charitys constitution are known as members of the board of trustees. In this report the trustees of Strathroy Community Association present a summary of its purpose, govemance. activities. achievements and finances for the financial year 31 March 2025. The charity is a registered chartty and although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented its recommendations where relevant in these financial ststements. Misslon, Objectives and Strategy Mission Statement Strathroy Community Association {SCAI provide$ a wide range of social activities for the Strathroy 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 Associalions Child Protection Policy. On Tuesdays, a local Down Syndrome's group meet in the centre and enjoy various aclivilies 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 facililles. Activities which run for block weeks {for example 6 weeks) include Irish Dancing Classes. Zumba and a drop inn centre for young people. The Community Centre will always have a member of staff. a volunteer or 8 committee member at the reception desk. This ensures Bccess to the building for everyone and an opportunity for people to drop in at any time and receive a high quality service. Throughout the year various meetings tske place in the Community cent - Inter Agoncies are facilitated by Supporting Communities Nl (SCNII 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 (fomierly DRDI. PCSP and PSNI. Neighbourhood Renewal Meetings also take place in the Community Centre in which community representatives from other NR areas also attend Seasonal activities which take place include Summer Schemes and Christmas Celebrations. The SCA management committeo also meet once month and hold our AGM annually. Objectlves The Association is established to: 2.1 relieve poverty. sickness and the aged to promote the benefit of the inhabitants of the Strathroy estate and dislrict area of Co Tyrone and its environs (hereinafter described as "the area of benefit.) without distinction of age. gender. race. politrcal, religious or olher opinion. by associating the statutory authorities. voluntary organisalions and inhabitants in a common efftjrt to advance education, and to provide facililies in the interests of social welfare for recreation or other leisure-time occupation, with the object of improving the condtlions of life for the said inhabitant5.' 2.2 to establish or secure the establishment of a Community Centre Ihereinafter called he Cenlre-} and to maintain and manage or to cfroperate wtth any local statutory authority in the maintenance and managernent of such a Centre for activities prornoted by the Association and its constiluent bodies in furtherance of the above objects. Stru¢ture. Govemance and Management structure The trustees who senied during th8 year are as follows: Martin Mccolgan Kevin Mccolgan Caroline McPhilomey Catherine Kelly Lisa Fleming Donna Smyih Marian Mcmahon Cathy Mccolgan Patrick Hosey Gareth Mccrory Helen Mcmahon Barry Mccolgan Kery Mccolgan Deborah Dohety
Strathroy Community Association TRUSTEES. REPORT for the financial year ended 31 March 2025 Revlew of Achlevemonts and Perfonnance The Association continues to organise and provide various activities for all ages in our ¢ommunity and culminated In the celebrations of Strathroy's 50th anniversary with a successful Gala B811 and Community Fun Day. Throughout the various activities and events. we continue to welcom8 new parbcipants which continues to expand year on year. Flnanclal Review The results for the financial year are set out on page 9 and additional notes are provided showing income and expenditure in greater detail Results and Dlvidends At the end of the financial year Ihe charity has assets of £2.349 (2024 - £4.126) and liabilities of £0.00 (2024 - £0.00). The nel assets of the charity have decreased by £(1,777}. Compliance wilh Sector-wide Logislation and Standards The charity engages pro-aclively with legislation. standards and codes which are developed for the sector. Strathroy Community Association subscribes to and is compliant with Ihe following- The Charities SORP (FRS 102} Publlc Benefft Statement Strathroy Communty Association (SCAI operates in a manner which benefits the wider public in which all purposes are charitable. SCA'S goveming document dearly stales that the charity's purposes are clear to the trustees. the beneficiaries and supporters and to the wider general public. We believe our purposes satisfy the elemenls 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 io affordable services e.g. childcare, social inclusion which leads to improved mental health. education and raised awareness around health issues (mental and physical he211hl and the increased participation and involvement of the older people in our community- These beneffts are demonstrated through both written and verbal feedback and through formal and informal evaluation gathering qualitative and quanlitative information. Purpose 2: To advance education. The direct benefits which flow from purpose 2 indude: access to low cost. high quality education which participants may not otherwise engage in. the provision of accredited and non-accredited training whi¢h is affordable and delivered locally in a safe and wam) 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 Inte$t of public welfare. The direct benefits which Itow from this purpose include- implementation of a programme of aclivilies based on the identified needs of the area within our community centre. the provision of a base for a variety of activitie5. events. Services and facilities for the local estate and Ihe wider comnunity, the local and wider Community having the opportunity to participate in a range of activities which enhances Iheir quality of lrfe. raises self-esteem. dUceS social isolation and encourages community participation. These benefits are demonstrated through records of the activiliesl programmes etc which are run through the centre. attendance at Ihese eventsl courses elc 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 benefit through patti¢ip8ting in the vaTiOUS activities provided. The children who attend our community afterschool's club directly benefit by having access to a local, low cost facility. The wider community benefit indirecliy through our centre being used as an outreach facility to tackle specific issues e.g. health. education and environment. The PaTrIS of children attending our playgroup indirectly benefit through the knowledge that their children are being cared for in a secure and Garing environment. The provision of affordable childcare also allows Ihe opportunity for parents to retum to work andl or avail of Iraining opportunities eilher 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 8 number of different committees. which ensures we have a voice and that our needs and issues are being listened to and rnet. 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 association listens to and represents the whole area. The wider community benefits as the profile of the area is raised through the work of the communty association which has a positive impact on the wider Community and its environs. There is no hami related to any of these benefits.
Strathroy Community Association TRUSTEES. REPORT for the financial year ended 31 March 2025 Approved by the Board of Trustees on 19 January 2026 and slgned on its behalf by: Martin M Trustee Colgan Donna Smyth Trustee
Strathroy Community Association STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financial year ended 31 March 2025 The trustees are responsible for preparing the financial statements in accordance with applicable law and regulations. The law applicable to charities in Northern Ireland requires the trustees to prepare financial stalements for each financial year which give a true and fair view of the assets, liabilities and financial position of the charity as at the flnancial year end date and of the surplus or deficit of the charity and otherwise comply with the Charities Act (Northem Ireland) 2008. In preparing these financial statements. the trustees are required to- select suitable accounting policies and apply them consistently: observe the methods and principles in the Charities SORP- make judgements and accounting estimates that are reasonable and prudent- stale whether Ihe financial statements have been prepared in accordance with applicable accounting standards. identify those standards. and note the effect and the reasons for any material departure from those standards.. and prepare the financial statements on the going concem basis unless it is inappropriate to presume thal the charity will continue in operation. The trustees confirm that they have complied with the above requirements in preparing Ihe financial statements. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the ch8riVs transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them lo ensure that the financial statements comply with the Charilies Act (Northem Ireland} 2008. They 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. Approved by the Board of Trustees on 19 January 2026 and signed on its half by: Martln M¢C Trustee gan Donna Sm Trustee
Strathroy Community Association INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF STRATHROY COMMUNITY ASSOCIATION I have examined the financial statements of the charity for the financial year ended 31 March 2025, which comprise the Financial Statement5 and the related note5. This report is made solely to the charitys members, as a body. in accordance with the Charities Act (Northem Ireland) 2008. My work has been undertaken so that I mighl compile the financial slatements Ihat I have been engaged to compile, report to the Board of Trustees that I have done so. and state those matters that I have agreed to state to 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. Resp¢¢llvo responsibllitles of trustees and examiner The charity's Irustees are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act {Northem Ireland) 2008. The charity's trustees consider that an audit is not required for this financial year under the Charities Act (Northem Ireland) 2008 and that an independent examination is required. It is my responsibilty to: examine the financial statements under section 65 of the Charities ACL. follow the procedures laid down by the generdl Directions given by the Charity Commission for Northem Ireland under section 65{91(b) of the Charilies Act- and stste whether particular matters have come to my attention. Basls of indgpendent examln•r's roport I have examined your charity financial ststements as required under section 65 of the CharÈties A¢t and my examination was carried out in accordance with Ihe general Directions given by the Charity Commission for Northern Ireland under section 6519)(b) of the Charities Act. An exarninalion includes a review of the accounting records kept by the charity and a comparison of the fin8ncial ststements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the trustees conceming any such rnatters. 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 accounts present a Iwe and fair, view and the report is limited to those matters set out in the statement below. In connection with my examination, no matter has come to my attention which gives me cause to believe that in. any material respect- accounting CordS were not kept in a¢¢ordance with section 63 of the Charities Act the financial statements do not accord with those accounting records the financial statements have not been prepared in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in ac¢ordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) there is further infonnation needed for a proper understsnding of the a¢Unts to be reached. Independent examinerfs ststement I have no conM$ and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statemenls to be reached. CONOR EANNEA BAIHONS) MIAB 8 Killins Wood Avenue. Mountfield. Omagh Co Tyrone BT79 7UT Date: 19 January 2026
Strathroy Communlty Association FINANCIAL STATEMENTS for the financial year ended 31 March 2025 Unreslricted Restricted Funds Funds 2025 2025 Total Totsl 2025 2024 Notes Ro¢elpts and Payments Ac¢ount Roceipts Donatlons and legacies Donations and legacies 4,123 4,123 500 Other trading activltles Other trading activities Fundraising 3.040 700 700 700 700 3.040 Other receipts: Grants 6.005 8,500 14,505 7.250 Total receipts 10.828 8,500 19,328 10.790 Paym•nts Charltable actlvlties: Expenditure on charitable acttvites Events and programmes Admin expenses 1,398 9,087 2.120 1,398 17.587 2,120 1,606 7.896 1,957 8,500 12,605 8,500 21,105 11,459 Total payments 12.605 8,500 21.105 11.459 Net r¢¢elptsl(payments) for the financial year Balances brought foNard at 1 April 2024 {1,777) 4,126 (1,777) 4,126 (6691 4,795 Balances carried forward at 31 March 2025 2.349 2,349 4,126 Statement of Assets and Llabilltles Cash funds Bank and 5h 2,349 4.126 Approved by the Board of Trustees and authorised for issue on 19 January 2026 and signed on its behalf by Martin Trustee olgan Donna Smyth Trustee The notes on p8ges 10 to 12 foTm part of the financial statements
Strathroy Community Association NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 GENERAL INFORMATION Strathroy Communty Association is a tharity incorporated in Northern Ireland. The registered office of the charity is Stfathroy Community Centre, Drumlea Crescent, Strathroy. Qmagh. Co Tyrone, BT79 7XE which is also 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 accounting policies have been applied consistently in dealing with items which are considered material in relation to the charity's financial statements. Basls of preparation The financial statements have been prepared on Ihe going concem basis under the historical cost convention. modified to indude certain items at fair value. The financial statements have been prepared in accordance with the Statement of Recommended Practice ISORP) "Accounting and Reporting by Charities preparing their accounts in accordan with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland FRS 102. applying Section 1A of that Standard. As pemiitted by th8 Companies Art 2006, the charity has varied the standard formats in that act for the Ststement of Financial Activilies and the Balance Sheet. Departures from the standard formats are to comply with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP. statement of compllance The financial statements of the charity for the financial year ended 31 March 2025 have been prepared on the going concem basis and in accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporling by Charitie5 preparing their accounts in accordance with the Financial Reporling Slandard applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that Stsndard. Fund accountlng The following are the categories of funds maintained-. Rostrlctod funds Restricted funds represent income received which can only be used for particular purposes, as specified by the donors. Such purposes are within the overall objectives of the charity. Unrestrfcted funds Unrestricted funds consist of General and Designated funds. General funds represent amounts which are expendable at the discretion of the board, in fijrtherance of the objectives of the charty- Designated funds comprise unrestricted funds that the board has. at its discretion. set aside for particular purposes. These designations have an administrative purpose only. and do not legally restrict the board's discretion to apply the fijnd. In¢orng Income is recognised by inclusion in the Slaternent of Financial Activities only when the charity is legally entitled to the income. performance conditions attached to the item{s) of income have been met. th8 amounls involved can be measured with sufficient reliabilty and it is probable that the income will be received by the charity. Income from charltablo activities Income from charitable aclivities include income earned from the supply of serViS under conlractual arrangements and from performance related grants which have conditions that specty the provision of particular services to be provided by the charity. Income from government and other Covfunders is recognised when the charity is legally entiued to the income because it is fulfilling the conditions contained in the related funding agreements. Where 8 grant is ceiVed in advan, its recognition is deferred and included in creditors. Where entillernent occurs before income Is received. it is accrued in debtors. Grants from governments and other co-fijnders typically include one of the following types of conditions.. Performance based conditions- whereby the charity is contractually entitled to funding only to the extent that the core objectives of the grant agreement are achieved. Where the Charity is meeting the core objectives of a grant agreement. it recognises the related expenditure. to the extent that it is reimbursable by the donor. as 10
continued Strathroy Community Association NOTES TO THE FINANCIAL STATEMENTS for Ihe financial year ended 31 March 2025 income. -Time based conditions- whereby the charity is contractually entitled to funding on the condition that it Is utilised in a parttcular period. In these cases the charity recognises the income to the extenl it is utilised within the peri¢xl specified in the agreemènt. In the absen of such condilions, 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 ¢dited to the Statement of Financial Activities when received or receivable, whichever is earfier. Expendlture Expenditure is analysed beeen costs of charitable activities and raising funds. The (x)sts of each activity are separately accumulated and disclosed, and analysed according to their major components. Expenditure is cogni5ed when a legal or constructive obligation exists as a result of a past event, a transfer of economic benefits is required in settlement and the amount of Ihe obligation can be reliably measured. Support costs are Ihose functions that assist the work of the charity but cannot be attributed to one activity. Such costs are allocated to acliviti8s in proportion to staff time spent or other suitable measure for each activty- Cash at bank and in hand Cash at bank and in hand comprises cash on deF)OSit at banks requiring less than three months nolice of withdrawal. Taxatlon and deferred LatIon No current or deferred laxation arises as the charity has been granted charitable exemption. Irrecoverable valued added tax is expensed as incurred. Deferred lax is cOgniSed in respect of all timing differences that have originated but not reversed al the balance sheet date where transactions or events have occurred at that date that will result in an obligation lo pay more tax in the fijture, or a right to pay less tax in the fulure. Timing differences are temporary differences b8twe6n the charity's taxable proffts and its results as ststed in trje financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in Ihe periods in which the timing 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 EXPENDITURE AND RELATED INCOME FOR CHARITABLE ACTIVITIES Expenditure Events and Admin Total on charltable programme3 expenses actlvltes 2025 Total 2025 2025 2025 2024 Charltablo activities: Dlrect and other payments Costs (1.398) 117,5871 (2.120) (21,105) (11.459) SUPPORT PAYMENTS Support 2025 Total 2025 Total 2024 Expenditure on charitable activites Admin expense5 1.398 2.120 1,398 2,120 1,606 1.957 Totals 3,518 3,518 3,563 11
continued Strathroy Community Association NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 RESERVES 2025 2024 At the beginning of the year Deficit for the financial year 4,126 (1,777) 4,795 (6691 At the end of the year 2,349 4,126 FUNDS ANALYSIS OF NET ASSETS BY FUND Current Total Unrestricted general funds 2.349 2,349 2,349 2,349 POST-BALANCE SHEET EVENTS There hav8 been no significant events affecling the Charity since the financial year-end. 12
STRATHROY COMMUNITY ASSOCIATION SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025 13
Strathroy Community Association SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS Operating Statement for Ihe financial year ended 31 March 2025 2025 2024 Income Donations Fundraising WHSCT NIHE National Lottery Community Support Nl Fermanagh Omagh District Council 4,123 700 3,635 1,600 8,500 500 270 500 3,040 3,150 4,100 19.328 10.790 Expenses Strathroy Safe Space Slrathroy 50th Anniversary lebratiOnS Local projects and programmes Consumables Insurance Printing, postsge and stationery Accountancy Bank charges Charitable donalions 4,664 13.079 4.414 1,492 1,067 156 800 97 3,232 1.157 997 459 800 100 50 21,105 11,459 Net deficit (1.777 (6691 The supplefflentary infomiation does not form part of the financial 51atements 14