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<ltlcrs liav¢ com¢ lo niy allcntinii givingy niL LaU.%L
l() bLIiLvL'.
l . That (IcLountiiib> rcc()rds wcrc i)ot k¢pi in accordancc with %LClii)11 63 of Ihc C liarilic% Act
Thui ihL aLLI)uiil% clo n()t <icLord with tliosc (ILcoiiiilii)&y rLLI)rd%
3. Thai thi aLLoullis d() not coinply wilh IhL aLLounliiigi rLquifLiiILiils of thc L hariliLs ALt
4. Thal IhLfc is Eurthcr information n¢ed¥d for a propcr undcrsl¢inding of Ihi acLounls lu bL
Independent examiner'5 Statement
I havL coiiiplclLiI iiiy Lxdinindlion aiid hdve no coiiceriis in rLspecl of thL illaiiL'r% I l ) to 141
lislid Jboi'e and, Lll ioiincclion willi folluiviii&T thL DirLLlions Ot. Il)e Cliarity Coinniissi()n loi
NoriliLrti Irllancl, I fouiid no matlcrs Ihal rLquirL di-awingy lo your dltLnlion
U'na McKillop FC'A
C'hartered AcLoiknlants Ircland
51 SpringywLII Street
Ball￿]7¢na
('() Antrim
BT43 6AT
31 August ?0?3
Page 4

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<iLh dsscl syslLmciliLdlly
okLr ils LXPCL lcd iiscfiil l ifL', Js fol lows..
Fixturcs, fitliiig
and L'quipniL'nt
l O U/1> rcducingi bJlancL
ThL ii%cful ccononiiL IivL% dnd i'e%idual valLILS of l¢iiigyiblL fixLd <15scIs drc rL vit WL'd aiiniidlly (Jnil wliLn
IILLL5541ry, fL ViSLd.
()perating loss
21123
2022
()P¥rating los% i.s statLcl (ifiLf Lhargingi{Li'editiiig).'
Depreciation and amounts written off assets
DLpf¥ciÉilion of tangNiblL fixLd ¢15SL'ls owned
676
751
Total depreciation and amortisation
676
751
Page 9

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