Reglstratlon number N161157S
Charity Dumber NIC101542
GHAGALLON COMMU
NT
Company limfitsd by gurntee
DIRE
FOR THE YEAR ENDED
I￿￿RCH 2024

AGHAGALLOIY CO
Company Ilmlted by guarantee
Contsnts
Page
DAr¢ctors' report
Accountants, report
Profit and1088 account
Balance 8h¢ct
Notes to the financial statements

ALLON COMMUNITY CEwfRE
Company Ilmlted by guarantee
Company Informatlon
Dire¢tor8
Brendon Gonnan
Gerald Lavery
Daniel M¢Cool
James Joseph Nelson
Deni8 OIRourke
Julie Mccool
Sheena Devlin
Conjpany number
N1611575
Re8iStered office
2 G008eb¢rry Corner Road
Gawl¢y8 Gat¢
Craigavon
BT67 OBS
Accountanty
Alison Mitch¢ll
16 Colanc Meadow8
Aghagallon
Co. Annagh
BT67 9DJ
Business addre88
2 Goomeberry Corner Road
Gawleys Gat¢
Craigavon
BT67 OBS
Danske Bank
39 Market Street
Lurgan
Co. Arn￿gh
BT66 6AB
Soli¢itors
Campbell & Haughey
85 Williatn Street
Lurgan
BT66 6JB

Aghagallon Communlty Centre
Company limlted by guarnntee
Dtre¢torJ' report
for the yoar ended 31 Mvdr¢h 2024
The directors present their report and the financial statements for the year ended 31 March 2024.
Prlnelpal a¢tlvlty
The prineipal activity of the company 18 to provide, maintsin and manage a community centre in the are&
Director8
The director8 who served during the ye4r are as stated below:
Brendan Gomian
Gerald Lavery
Daniel Mccool
James Jo8eph Nelson
Denis O'Rourke
Julie M¢Cool
Sh¢cna Devlin
(appointed 21106118)
Thi8 re￿rt 18 prepared in accordanee with the Companie8 Act 2006.
This report Wa8 approved by the Board on 4 June 2024 and 8i8ned on its behalf by
Gerald Lavery
Dlréetor
Dqnlel Mccool
Dlreetor
201612olY
Page I

ALLON COMMUNITY CE
Company Ilmlted by guarantee
AceountAnts' report on the unaudlted IlnanclAI 8tAtements to tbe dlrectors of
Aghagallon Communlty Centre
As desLYibed on the balance sheet you are responsible for the prepardtion of the financial statements for the
y&qr ended 31 Mar¢h 2024 set out on pages 3 to 8 and you consider that the company 18 exempt from an audit.
In &￿rdance with your instructions w¢ have compiled these unaudited financial statements, in order to Q88iSt
you lo fulfil your 8tstutory r¢spon8ibiliti¢s, from the aC￿U￿ting records and inforntstion supplied to U8.
All￿Tr Mlt¢hell
Chartered ACcoUnt￿t
16 Col*ne Meado
AEhAgallon
Co. Armagh
BT67 9DJ
Date:
Page 2

NC
Company limited by 8UArante¢
Proflt and loss account
for the year ended 31 March 2024
Condnulng operatloni
2024
2023
Note8
Oth¢r operating income
(20,351)
41,459
(21,912)
40,643
Proflt on ordlnary
actlvEllu before taxxtlon
21,108
18,731
Tax on Profit on ordinary activities
Profft for the yeAr
21,108
18,731
Rctain¢d profit brought forward
Retalned proflt earrled forward
204,920
226,028
186,189
204,920
There are no recognised gains or108ses other than the profit or1038 for the above two financial year8.
The notes on pages 6 to 8 form an Integral part of theje financial $tatsments.
Page 3

GALL
OM
NITY
NTRE
Company lflmlted by guarantee
Balance 8heet
A$ at 31 Mareh 2024
2024
2023
Notes
Flxed amets
Tangible assets
626,218
625,107
Current wets
Debtors
Cash at bank and in hand
1,619
51.399
2.557
42.121
Credftor8: amounts falllng
due wlthln one year
N¢t tllrreDt aijets
53,018
44.678
(926)
(1.276)
52,092
43.402
Credlton: Amounts falllng du¢
aftsr more than on¢ year
(452,282)
(463,589)
Net
226,028
204.920
Re•erYe•
Profit and loss account
226.028
204.920
Member8, funds
226.028
204,920
The directors, st&tem¢nts required by Article 257B(4) are shown on the following page which forn￿ part of
this Balance Sheet.
The notes OD pages 6 to 8 form an Intwal part of these flnaneial statements.
Pydge 4

ALL
Company 11n￿ted by guargntee
Balance Jheet (¢onllnued)
Dlreetors, statements required by Artlde 257B(4)
for the year ended 31 MAreh 2024
For the finan¢1￿ y¢ar ¢nd¢d 31 March 2024 the Company was entitled to ex¢mption under Articl¢ 257A(l) of
th¢ Companies (Northern Ireland) Order 1986.
No mcmbers have required the Lwy to obtain an audit of its accounts for the year in question in
accordance with Articl¢ 257B(2).
The dire¢tor8 acknowlcdgc their responsibility for complying with the requirements of the Companies Act
2(J)6 with re8pe¢t to accounting records and for the preparation of accounts.
These accounts have been prepared in aG￿rdance with the provisions applicable to ¢ompanies subject to the
small companies, Tegim¢.
Th¢ financial ststements were approved by the Board on 4 June 2024 and signed on its behalf by
Cer8ld Lgvery
Dlreetor
Danltl Mccool
Dlrector
Regl8tratloD number NT611575
The notss on pages 6 to 8 form an Integral part of these flnancial statements.
Page 5

Aghagallon Communlty Centre
Company Ilmited by guarantee
Notss to the IlnAnclal 8tAtements
for the year ended 31 March 2024
Accountlng polleies
1.1. Accountlng convendon
The financial statrments are prepared under the historical c08t ¢onvention and comply with finan¢ial
reporting 8tand8rd8 of the Accounting Standard8 Board.
12. Tanglble llxed assets and depreelation
Dep￿latIOn is provided at rates calculated to writc off the Cost le&8 residu￿ value of each 088et over its
expected usethl life. as follows:
Land and buildin88
Plant and machinery
Fixture8, fittings
and equipment
Strai8ht line over year8
250/0 straight line
1.3. IAA•lng
Rentsls payable under operating lea8es are char8ed against income on a straight lin¢ ba818 over the lea8C
IA. Government grants
(3rants are credited to defenEd revenue. Grants towards capital expenditure are reEea8ed to the profit
and loss account over the expectrd uAeful life of the assets. Grants towanl8 revenue expenditure are
released to the profit and1088 account a8 the related expenditure 18 incurred.
Operatlng profit
2024
2023
Operating profit is stated after Charging:
11,307
11,307
Page 6

Aghagallon Communlty Centre
Company limitsd by guarantee
Notes to the finanelAI itatements
for the year ended 31 March 2024
continued
TAnglble fixed i¥iets
Land and
Flxturej,
bulldlng• Plant 8nd and
freehold mAehlnery equlpment
Total
Co8t
At l April 2023
Additions
602,434
10,076
629
12,596
483
625.106
1.112
At 31 March 2024
Net book valu
At 31 March 2024
At 31 March 2023
602,434
10,705
13.079
626.218
602,434
10,705
13,079
626,218
602.434
10,076
12,596
625,107
Debtors
2024
2023
Other debtors
1,619
2.557
Accruals and deferred Income
2024
2023
Government gran
At l April 2023
Released in year
At 31 March 2024
463.589
(11.307)
452,282
474,896
(11.307)
463.589
Equlty Re8erv
Proflt
ndlo
aceount
Total
At l April 2023
Profit for the year
At 31 March 2024
204,920
21,108
204,920
21,108
226,028
226,028
Page 7

Aghagallon Community Centre
company limited by guArant¢e
Notej to the flnanclal statements
for the year ended 31 March 2024
,. continued
ReconclllAtlon of movements In 8hAreholden' lund#
2024
2023
Profit for the year
Op¢ning sharcholdcrs, funds
Closing 8harehol(krs' fund8
21.108
204,920
18.731
186.189
226,028
204,920
Flnanclal comndtments
Comp4Dy Ilmlted by guarantee
At 31 March 2024 there wete 7 members of the company, the liability of the member8 18 limited and
each ha8 undertaken to contribut¢ a 8um not exceeding £1 in the eV￿t of the winding up of the
company.
10.
Gro•8 cA8h Ilow•
2024
2023
Capltal expendlture
Payments to acquire tangible assets
(1,112)
(2,751)
ii.
AnAlyli ofch*ng•8 In net thndB
Openlng
balan¢e
Cash
flows
Closlng
balanee
C48h at bank and in hand
42,121
9,278
51,399
Net fund8
42.121
9.278
51.399
Page 8