Cushendall Development Group
Charity No . 101601
Financial statements
for the year ended
31 March 2024
Psge I

Cushendall Development Group
Trustees, advisors and oih¢r infonnation
Ind¢p¢ndent cxamin¢ds report '
IrAcome and expendilur¢ a¢¢ount Ili.1.
Balance sh¢et
Not¢$ to the accounts
9-11
Page 2

Cushendall Development Group
Trustees, advisors and other information
TRUSTEES
Ann McLaughlin
Andrew McAli$ler
Francis Mccurry
B¢rnadelte Delargy
Bernad¢tte Harvey
Maeve McAlister
Liam O'Hagan
Eamon Gillan
Donal Kearney
Hazel Imrie
SECRETARY
Bernadette Harvey
ACCOUNTANTS
ParL McKillop and Company
Chartered A¢counianlS
S I Springwcll Slreet
Ballyinena
Co Anlrim
BT43 6AT
BANKERS
Danske Bank
1-2 Broadway
Ballymena
Co Antrim
BT43 7AA
REGISTERED OFFICE
Old School Hous¢
25 Mill Str¢et
Cushendall
BT44 ORR
PAge 3

,ith
Cushendall Development Group
Independent examiner's report to the charity trustees of
Cushendall Development Group
I report on th¢ accounts of th¢ charity for the year ended 31 March 2024, which are set out
onpages5 to 11.
Resprftive responslbllltles of charity tru$¢ett god examlner
As the charitls tn￿leeS you are rcsponsible for the preparation of the accounls in
ordanc¢ with the Charits¢s Act (Northem Ireland) 2008.
It is my responsibility to:
- examine the accounts under sertion 65 of the Charities Act
- follow the procedures laid down in the general Dir¢ctions given by thc Commission under
sectson 65(9Mb) of the Charities Act
- stale whether particular matt¢rs have come to my att¢ntion
BA$1$ of indep¢nd¢nt examiner's report
I have cxamin¢d your ch￿lty accounts as required under section 65 of the Charities Acl and
my ¢xamination was ca￿￿ed out in accordance with the general Directions given by the
Charity Commission for Northern Ireland under sectioTh 65(9)(b) of the Charities Act.
My ¢xamination included a review of the accounting r¢cords kept by the ¢haTiiy and a
comparisoft of the arxounts pr¢sented with those records. Ii also included consideration of
any unusual itcms or disclosures in the accounts, and seeking explanations from you a
charity trustees concerning any such matlers.
My role is to state whether any material malters have come to my attention giving me c&u$e
to believe".
l. That accountin8 records were not kept in accordance with section 63 of the Charities Act
2. That the accounts do not accord with those accounting record5
3. That the accounts do not comply with the accounting requirem¢nts of the Chatiti¢s Act
4. That th¢re is thrther infomiation needed for a proper understanding of th¢ ac¢ounts to be
r¢ach¢d
Independent ex*m&ner's slalemeot
I have completed my examination and have no concerns in r¢spect of th¢ Duttcrs ( l ) to (4)
listed above and, in connection with following the Dire¢tions of the Charity Commission for
Northern Ereland, I have found no mattcrs ihat require drawing to your attention.
Una McKillop FCA
Chartcrcd Accountanrs It¢land
51 Sprin8well Street
Ballymena
Co Antrim
BT43 6AT
31 Au8usI 2024
Page 4

Cushendall Development Group
Income and expenditure aecount
for the year ended 31 March 2024
2024
2023
Membership fees
OETice s¢rvi¢es
Sale of Focus books
Hire of conferen¢¢ room
Admin f¢¢ for Cushendall D¢velopm¢nt Group Ltd
Donalion5 reLeiv¢d
Bank inlerest re¢¢ivabl¢
Heart of the Glens Festival administraiive income
St Matys Parish Administraiive Income
Caus¢way Coast and Glens granl receivcd
DAEFiA granl rcc¢ivable
National Lollery Community Fund grani
1,522
5,974
793
3,204
20,400
400
85
4,149
500
4,999
1,634
4,813
773
2,241
20,400
320
18
3.724
500
8,625
1,286
27,167
Total Income
69,193
44.334
Pa2e S

Cushendall Development Group
Income and expenditure account
for the year ended 31 March 2024
2024
2023
Expendlture
Rent payable
Printing, postage and station¢ry
Lighl and heat
Telephon¢
1,1 Wages
ij, staff pension costs
Training and travelling
Mcmbership
Repairs and maintenan¢¢
Bank charg¢s
Insurancc
Charity donations
NACN Volunteer stratC8y
Video promotion COSIS
Events and courses
NACN administrative fees I
Computer costs
General expenses
D¢precialion on fixwres and equipment
Total expendlture
2,l45
4,747
1,77S
963
32,619
604
276
2,145
4,368
997 ¢rtliJY'.
941
30,884
518 ￿1#4¥
153
70
1,267
92
545
2,100
1,144
92
545
132
1,925
840
450
2.066
1,480
2,498
2,069
837
732
865
676
54,633
48,977
Ex¢ess of IDcome over Expendlturel
(Expendlture over Income)
14560
(4,643)
Page 6

Cushendall Development Group
Balance sheet
at 31 March 2024
Noles
2l124
2023
Flxed Assets
Fixtures fittings
10,611
7,329
10,611
7,329
Current assets
Debtors and pr¢payinents
C851i at bank
Cash in hand
7,583
24,823
8,415
12.835
32,409
21.253
Current Ilabllltle$
PAYE a¢count
Oiher creditors &nd accruiils
301
1,5Z6
221
1,728
1,827
1.949
Exces¥ of currenl •sset$ over eurrenl liabllilA¢$
30,582
19.304
Total a¥gels less current IIAbllltles
41,193
26,633
Nel As$ets
41.193
26.633
Retalned reserves
Profit and loss account at b¢ginning ol year
Add ex¢¢ss of income over expenditure
l(D¢duci Expcndiiure ov¢r Income)
26,633
14,560
31,276
(4,643)
CapltAI employed
41,193
26,633
P*ge 7

Cushendall Development Group
The for¢going balanc¢ sheet was drawn up on behalf of the trustees by Park, M¢Killop and
Company and signed on 31 Au8USt 2024 below
PArK McKillop ADd CompAny
Chartered Accountants
51 Sprlngweli Stree¢
BAllymen
Co Anlrlm
BT43 6AT
The foregoins balance sheet was approved by the trustees on 31 August 2024 and Signed on
bchalf of the trust¢es by
Francls M¢Curry
TrMsl¢¢
ADdrew M¢Allst¢r
Trmslee
Page 8

Cushendall Development Group
Notes
rforming part of thefinancial statement.w)
Accountlng pollcles
Accountlng conventlon
Thc financial statements are prepared under the historicAI cosl convention and comply with financial
reporting standards of the Accounting Standards Board.
1.2. Turnovtr
Turnovcr rcpresenls the total invoice value. excluding value added lax, of Sales made during the y¢ar.
1.3. Tanglble fixed 8s5ets
All tangiblc fix¢d ass¢ts are stated al cost less a¢cumulaled depr￿lation.
1.4. Depreclatlon
Depreciation is provided on all tangible fixed assets, other than land and investment properties, at ratet4
¢alculated to wrlte off th¢ cosi or valuation, less estimaied residual value, of Cach asset syslenutically
over its expected usefullsfe, as follows:
Fixlures. fittiDgs
and equtpment
10 Vo reducing balan¢¢
The useful economic lives and residual values of tangible fixed asseis are reviewed annually and when
necessary, revised.
Op¢ratlng profit/(loss)
2024
2023
Op¢rating profitl{loss) is stal¢d dtler chargIn￿(cr￿diling)'.
Depreciation and amounts wrltten off *s$ets
Depreciation ol tangible fjxed assets owned
732
676
Total depreclatlon And amortisatlOA
732
676
Page 9

Cushendall Development Group
Notes
(continued)
fformingpart of thefinancial stotement5)
Tillglble flxed asRt$
FLYlur¢i
To¢al
fimn8S
Cosl .'
At l April 2023
Additions
12,569
4.014
12,569
4,014
At 31 MArch 2024
16,583
16.583
Do+Y¢ldlion .'
At l April 2023
Char8e for the year
At 31 M*r¢h 2024
5240
732
732
5.972
5.972
book values .'
At 31 M*rch 2024
10.611
10,611
At 31 March 2023
7,329
7,329
Debtors
2024
2023
Other debtors
Prepayinents
7J83
7,129
1,286
7,583
8,415
Credlton: amounts fAlllng due
wlthln one ye*r
2024
2023
Pcnsiort account
A¢¢rnals and deferred income
301
1,526
221
1.728
1,827
1,949
Page 10

Cushendall Development Group
Notes
(continued)
fformingpart of thefinancial statements)
Reconclliaelon of movements In reJ¢rves
2024
2023
ProfiU(loss) for lh¢ year
Opeiiing res¢rves
Capital employed
14,560
26.633
(4,643)
31,276
41,193
26.633
Page 11