CITIZENS OF SENIOR YEARS
ACCOUNTS
YEAR ENDED 31 MARCH 2025
Trustees’ Annual Report Year Ended 31 March 2025
Citizens of Senior Years (COSY) Club Charity Number: 101628 12A Farland Way, Derry, BT48 ORS
The charity’s principal purpose is to advance education, relieve poverty and to promote health and wellbeing among people aged fifty and over and to promote the benefit of older people in Ballymagroarty, Hazelbank and the Glen.
Public Benefit
The Trustees have fully complied with the Public Benefit requirement and guidance.
The Trustees have reviewed the Receipts and Payments prepared for the year ended 31 March 2025 and are satisfied therewith.
No funds held are materially in deficit.
Trustees (serving during the period 01 April 2024 until present) Carmel Harkin
Teresa Mc Donough Josephine Boyle Rory Leighton
Signed on behalf of the Trustees
Carmel Harkin Trustee
Date:
CITIZENS OF SENIOR YEARS YEAR ENDED 31 MARCH 2025
Independent examiner’s report to the charity trustees of Citizens of Senior Years
I report on the accounts ofthe Charity for the year ended 31 March 2025, which are set out on pages | to 4.
Respective responsibilities of charity trustees and examiner
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008.
It is my responsibility to:
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e examine the accounts under section 65 of the Charities Act
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e follow the procedures laid down in the general Directions given by the Commission under section 65 (9)(b) of the Charities Act
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e state whether particular matters have come to my attention.
Basis of independent examiner’s report
I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65 (9)(b) of the Charities Act.
My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
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That accounting records were not kept in accordance with section 63 of the Charities Act
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That the accounts do not accord with those accounting records
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That the accounts do not comply with the accounting requirements of the Charities Act
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That there is further information needed for a proper understanding of the accounts to be reached.
CITIZENS OF SENIOR YEARS YEAR ENDED 31 MARCH 2025
Independent examiner’s statement
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.
Name: Patrick Durkan Relevant professional qualification or body: FCCA Address: 8 Springrowth House, Balliniska Road, Derry, BT48 0GG Date: } 2. flyvenbeyy 2925
31 March 2025
Citizens of Senior Years Pagel SECTION A
Charity No: 101628
Receipts and Payments
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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Unrestricted|Restricted|Endowment|Total|Funds|Last year|
|Al|Receipts|
|Donations|&|legacies|0|100|
|Grants|5,299|5,299|4,458|
|Fundraising|activities|3,862|3,862|5,617|
|Interest|on|deposit|account|
|Dividend|on|investments|
|Members'|subscriptions|
|Charitable|trading|receipts|
|Rents from|land|&|buildings|
|Other|charitable|receipts|0|0|
|Al|Sub-total|3,862|5,299|9,161|10,175|
|(Gross|income|for Annual|Return)|
|A2|Asset|and|invetment|sales|
|Proceeds|from|sale|of|fixed|asset|
|Loan|repayments|received|
|A2|Sub-total|
|TOTAL|RECEIPTS|3,862|5,299|9,161|10,175|
|A3|Payments|
|Cost|of fundraising|events|
|Gross|trading|payments|
|Investment|management|costs|
|Direct|charitable|activity|4,523|4,139|8,662|8,457|
|Grants|and|donations|paid|
|Governance|costs|463|463|962|
|Other|costs|
|A3|Sub-total|4,986|4,139|9,125|9,419|
|A4|Asset|and|Investment|Purchases|
|Purchase|of|investments|
|Loans|made|
|A4|Sub-total|
|TOTAL PAYMENTS|4,986|4,139|9,125|9,419|
|Net of|receipts/(payments)|-1,124|1,160|36|756|
|A5|Transfers|between|funds|0|0|0|0|
|A6|Cash|funds|last|year|end|1,816|287|2,103|1,347|
|Cash funds|this year end|692|1,447|2,139|2,103|
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31 March 2025
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Citizens of Senior Years Charity No: 101628
Page 2
B1 Cash Funds
Bank 2,139 2,139 2,103
Cash 0 0 is)
2,139 2,139 2,103
B2 Other Monetary Assets 0 (DCSDC) 0.00
B3 Investment Assets
B4 Assets retained for the charity's 1,200 (Current value) 1,400
own use
BS Liabilities 420 420
Signature . Print Name Date
Signedofall trustees by one or 2 trustees on behalf Crd’,ZZ / LOEME]Creer) Unp44 bd ValeoRS”
TERESA, laluks
#1_ DON VDj 64
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31 March 2025
Citizens of Senior Years Charity No: 101628 Page 3 ADDITIONAL ANALYSIS (1) Analysis of receipts and payments
| 1. Donations | 0 | 0 | 0 | 100 | |
|---|---|---|---|---|---|
| 0 | |||||
| Total | 0 | 0 | 0 | 100 | |
| 2. Grants | 5,299 | 5,299 | 4,458 | ||
| Total | 5,299 | 5,299 | 4,458 | ||
| 3. Gross receipts from other charitable activities | |||||
| Events/trips | 3,862 | 3,862 | 4,632 | ||
| Extraordinary raffles | & draws | 0 | 0 | 985 | |
| Total | 3,862 | 3,862 | 5,617 | ||
| 4. Payments relating | directlyto charitable activities | ||||
| Community projects | 4,523 | 4,139 | 8,662 | 8,457 | |
| Total | 4,523 | 4,139 | 8,662 | 8,457 |
31 March 2025
Citizens of Senior Years Page4 ADDITIONAL ANALYSIS (2) 5. Breakdown of restricted funds
Charity No: 101628
| Page4 ADDITIONAL ANALYSISANALYSIS (2) |
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|---|---|---|---|---|---|---|---|---|
| 5. Breakdown of restricted fundsrestricted fundsfunds | Total | |||||||
| restricted | ||||||||
| NATIONAL | ||||||||
| Receipts | AIVC | NIHE | MD | DCSDC | CCF | WHSCT | LOTTERY | funds |
| Donations | ||||||||
| Grants | 479 | 2,417 | 2,403 | 5,299 | ||||
| Receiptsfrom fundraising | ||||||||
| activities | ||||||||
| Total Receipts | 0 | 479 | 2,417 | 2,403 | ty | Qo | 5,299 | |
| Payments | ||||||||
| Expensesfor fundraising | ie} | |||||||
| activities | i) | |||||||
| Payments relating directly to | 193 | 524 | 2,417 | 1,000 | 4,139 | |||
| charitable activities | ie) | |||||||
| Grants and donations | ie} | |||||||
| Governance costs | is} | |||||||
| Total Payments | 198 | 524 | 0 | 2,417 | 1,000 | 0 | 0 | 4,139 |
| Opening Funds | 198 | 89 | oO | ie} | oO | ie) | - | 287 |
| Netreceipts/(payments) | -198 | -45 | ia) | ie) | 1,403 | ie} | ie} | 1,160 |
| Transfers to/(from) funds | 0 | ie} | ||||||
| ClosingRestrictedFunds | 0 | 44 | 0 | ft) | 1,403 | ij | 0 | 1,447 |