Cushendall Development Group Charity No . 101601 FAnancial statements for the year ended 31 March 202.3 Page I
Cushendall Development Group Contents TrLislc¢%, advisors and olhLr Iiifornialiun IndLp¥nLILni Lxaniincr's rLpon IiiLuniL' aii(I cxpcnLliturL acL()Iiiil BalJiiLi %hicI N()Ic% l() IhL accolinls 9-11 Page 2
Cushendall Development Group Trustees, advisors and other information TRUSTEES Ann McLauohlin Andrew McAlislcr Francis Mccurry Bern(IdellL Delcirgy Bcmadclt¥ HaTr¢y Macvc McAlister Liam O'Hagan Eanion Gillan Donal KcaiMLy Ha7.el Imric SECRETARY Ben)ad¢ttc HarvLy ACCC)UNTANTS P(Irk, McKilloi) dnd Coinpany ChartLrLd ALc()unlantS 51 SpringywLII SirLel BallymLna Co Anlrii BT43 C)AT BANKER DaiiskL Bank 1-2 BroJ(Iw<ly Ballyiiiena Co Anli'im BT43 7AA REGISTERED OFFICE ()Id School 14ouse 25 Mill SlrcLI Ciishvnddll BT44 ORR Page 3
Cushendall Development Group
Independent examiner's report to the charity trustees of
Cushendall Development Group
I rcport oil thc acLoiii)ts of thL charity for ihL year enLleil 31 March 2023, which are sci out
unpdgT¢s5to 11.
Respective responsibilities of charity trustees and examiner
As IIiL Lhai-ily's IruslL'es you are responsible for the prcparalion of the ¢iccounls in
acLofLlancL i4.iih IliL' C haritils ALI {Noiilicni Ireland) 2008.
It is iiiy responsibility lo..
cxainiiil IhL ¢lLLOLinls undcr .%¥clion ()5 of the L hiiritiL.% ALI
follow Ilic procLdurL.s laiil dowii iii Ilie gyLnLral Dir¢otioiis gi¥'en by the Coniiiiits%ioi) LiiidLr
Lclioii ()519)Ib) of IhL Chai'ilics ALI
sl¢il¢ wh¥iliLr PiirliLuldr maller.% hdvc conie lo my allenlion
Basis of independent examiner's reporl
I havc ¥xaniiiiL(l yoiir cli(Irily JLLoiinls as rLquircd undLr scclioii 65 of the C'haritiL'% Aci and
my ¢X<iiiiillcili()11 was C¢irriLd oiil in ¢lCC()rdanLL willi IhL g7LIILral DircLlioii.% giN'cn by thL
L'harily C.'oinini55iuii lor Nortl)Lrn Ii'cl<iiid undcr %LCti()ii ()S(L))Ibl of IhL C'liaritiLS Act.
My cxaini11411i()ii iiiclii(led a i-ci'iLw of Ilic <iLcounliiigJ rLC<)rd% kcpi by IhL LhJrily and ¢1
Lompciri.%()i) ol. IIIL auvoiints prLSLiIILd with Iliosc I'LcofLl4. It also inc ludLd LonsidLr(Ilion ol.
ariy uiiii%iial itLni.4 or di%LI()surLs in Ilii dLLOLints, and sccking Lxplaiialion% froin y()11 as
clidrily IruslLLS L()IiILiiiiiigi aiiy 4iILlI maltcrs.
My I'olc 1% lo %l¢ilL' whLihLr any i)IdlLrial ni
Cushendall Development Group Income and expenditure account for the year ended 31 March 2023 2023 2022 Income MLnibcrship fees Office services Salc of Focus books Hir¢ of contcrciice room Adinin fLL for Cushcndall DLvclopinLnt GroLlP Lid Don<ltions rcLelVLd Bai)k iiilcrcst receii'ablL 'cin of Ihc (ilcn% FLslival adiniiiistralivL incomL NACN aLlniini.%lralii'L Loiitribiilioii Si Mairy's P¢ifish A(Imini%lralii'c InL()111 DFQ Sinall C¢lPital granls prog¥ranwic 111sL way C'oa%t aiid (i Iciis gyranl r¢cL'iv¢II NAC'N graiils rcLLivLIl DAERA g¥ranl riL¢iv(Iblc HMRL COVID SSP ILbalL 1,634 4,813 773 2,241 20,400 320 18 3,724 1 .500 ?.408 744 ?,054 ?0.400 2,185 17,4.30 500 ?.35_S ?,500 826 8,625 1,286 1()3 Total income 44,334 54,201 Page 5
Cushendall Development Group Income and expenditure account for the year ended 31 March 2023 2023 2022 Expenditure RL'iil pay<iblL Priiiling. posta¥i dnd %iaiionLry l.ight aiid he(il TLILphonc 2,145 4,368 9Y7 941 30,884 518 5.660 1,561 41,986 69 1()8 194 ?.0?5 85 545 511 Staff PLllsioii L()sls Traiiiing lind traiLlliiig MLiiibL'f5hip RLpair.% diid InaiiilLnanLL BaIik LhargFL4 InsuI-an¥L C'harity d()n¢ili()ii% VidLo proini)li()n QOs15 F.VLIii% <ind L()uf%L NA('N acliiiini%li'alii'i fLCS (iiiieral LXPL nsLS DLpi-LLidlion oti I IxlurLS ÉillLI CqLiipillLnl 70 1,267 92 2,100 840 1.550 2,066 865 676 1,134 751 Tolal expendilure 48,977 5L).775 Ex¢es5 of Inc()me over Expendilurel (Expenditure over Inconie) {4,64.3) 15,5741 Page 6
Cushendall Development Group Balance sheet at 31 March 2023 Notes 2025 2022 Fixed assets Fixtures and fitlings 7,329 6,755 7,329 6.755 Current assets Dcbtiirs and prcpayments L asli ai biiiik C.'asli iii hatid 8,415 12,8.15 8,809 17,465 104 21,253 ?6,.378 Current liabilitie IcLouiII 221 1,728 345 ()IliLI- Li'Ldilors aiid aLLfLials 1,949 Excess of eurrent assets over current liabilities 19,.304 ?4,5?1 Total a55ets less current liabilities 26,633 31.27() Net assets 26,6.13 RetainL'd reserves Pr()Iit and10ts5 ilLcoiinl al bLgyinniiig ot- year A(Id LXLLSS of incomL ovcr ¥xpLnditiirc IDcduLI F.xpcndiliirL OVLI- InLomL) 31,276 (4,643) 15,574) Capital ernployed 26,633 31.27(7 Page 7
Cushendall DevLlopment Group Thc toi'egoing balanie %hL'el w'as draivn lip ()n bLhalf of the tni%teLs by Pdrk. MeKillop dnd Coinpany and .%igncd on 31 August 20?3 below Park. MCKI nd Company Charlered Accoiintants 51 Springivell Street Balljmena Cf) Antrim BT43 6AT I'hL forLgT()ing balancc shLLI wa4 appi'c)I'ud by IhL IruslLLS on .31 Augu%1 ?Otil and %ignLd on bLhalf c)f Ihc IrLlStL'L4 by VLQ Francis McC.urri' Andrew McAIi.stL'r Trii.flLWL Page 8
Cushendall Development Group
INotes
(formingpart c)f thefinancial statenients)
Accounting policie5
Accounting convention
TIIL tlll<illLial slaleinents arc prLpJred undcr IhL historical Lost Loiivenlion aiid Lomply ivitli financial
rLporting .slaiiclard% of tliL Accoiintiiig Standards Board.
1.2. Turnover
Tiimovcr reprLS¥lltb the lol¢il invoict value, excluding valuL acldLd lax. of s(tlcts niiidc diiriiig tliL year.
1.3. Tangiblt. fjxed assets
A I I tangiblc fixLd a55LIs £ifL %laied at cost les% aLcuniulalcd dLprLciatioii.
Depreciation
DLPI-c¢iaii()n is prok'idLd on (ill laiigiible fixLd assets, oihcr than land aiicl iiivc%linent propei'liLS. at rail
Li2lLiilatecl io write oft" Ihc LOSI or valiicltion, Ic%s cstim&ilLd rcsi(ILial V<iliiL. ol. L
Cushendall Development Group Notes (continued) (forming part of thefinanLial statement.s) Tangible fixed Assets Fi.Itui'e.s and fittiN£.% Total Co,¥r .' At l April 207? ,4ddilions 11.319 11.319 11131 March 2023 12,569 12,569 Dgpreciatinii At l April 20?? (.'hargL for IhL ycar 4.564 676 4.564 ()76 ,At 31 March 2023 5,240 5,241 ,Wet bnnk valiie.s At.11 Imarih 202.1 7,329 7,329 Al I l M<irch ?0?? ().755 6,755 DL'blors 2023 2022 l)tliLr dLbior Pripaynicnls 7,129 1,286 8.80() 8,415 8,809 Creditors: amounts falling due ithin one I'Ldr 2023 2022 PLnsioii acLOLinl Ailruals and dLf¥rrcd iiicom 221 1,728 345 1,949 1,857 Page 10
Cushendall Development Group Notes (continued) (formingpart c)f thefinancial statements) Reconciliation of movements in reserves 2025 2022 Loss for tlie year Opciiing rescrvLs (4,643) 31,276 (5,5741 36.850 Lapitiil einployld 26,633 31,276 Page 11