Charity Number: 101480 Company Number: Nl 041624 Drumduff & Drumnakill Communit Association Charitable Com an Limited b Guarantee Annual Re ort and Unaudited Financial Statements for the ear ended 30 Se tember 2024
Drumduff & Drumnakill Communit Association Re ort and financial statements Contents Page Company information Directors, report Independent examiner's report to the directors Statement of financial activities Statement of financial position Notes to the financial statements 9-14
Drumduff & Drumnakill Communit Association Com an Information Directors Bernadette McElduff (Secretary) Patrick Ward Breige Kelly Hugh Owens Mark Kelly Kathleen Ward Carmel Mullin Patricia Owens Bridget Blackwell Elaine Conway Shirley Rocks Hannah Dillon Gerry Colton (resigned 1 October 20241 Registered office 84 Bracky Road Sixmilecross Co. Tyrone BT79 9PH Business address 84 Bracky Road Sixmilecross Co. Tyrone BT79 9PH Company registration number Nl 041624 Charity registration number 101649 Independent examiners FMC Accountants 34 Market Street Strabane Co. Tyrone BT82 8BH Bankers First Trust Bank 8 High Street Omagh Co. Tyrone BT78 1BH
Drumduff & Drumnakill Communit Association Directors, Re ort for the ear ended 30 Se tember 2024 The directors, who are the trustees for the purpose of charity law, have pleasure in presenting their report and the unaudited financial statements of the charitable company for the year ended 30 September 2024. The financial statements comply with the Charities Regulations (Northern Ireland) 2015, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102) (effective 1 January 2015). Trustees of the charlty The truslees, who are also directors for the purpose of company law and who seNed during the year end and up to the date of this report are as follows.. Bernadette McElduff (Secretsry) Patrick Ward Breige Kelly Hugh Owens Mark Kelly Kathleen Ward Gerry Colton (resigned 1 October 2024) Carmel Mullin Patricia Owens Bridget Blackwell Elaine Conway Shirley Rocks Hannah Dillon The reference and administration details of the charitable company are as shown on page 1. Objectlves and Actlvities Objectives Drumduff and Drumnakilly Communily Association endeavours to achieve long term social and economic improvements for the whole community by a process of planning, creativity and action. The charitable company's beneficiaries are people in the Fermanagh & Omagh District Council area. The only private benefit flowing from this purpose is that a trustee will gain skills and knowledge through our education programme. Through this trustees gain skills which are transferable to other settings. These benefils are incidental and necessary to ensure the benefit is provided to our beneficiaries. The objectives of the charitable company are as follows: To advance education: The direct benefits which flow from this purpose include an increase in knowledge and skills of the inhabitants of our immediate and wider area thus enhancing their employability and promotion prospects. Other benefits flowing from this purpose are increased confidence, social interaction and sense of achievement. These benefits will be evidenced by feedback through the completion of evaluation forms by users and through observation and face-to-face contact; Preserve and protect health.. The direct benefits which flow from this purpose include a greater awareness of personal health and wellbeing and techniques to achieve this. leading to improved physical and mental wellbeing and increased self-esteem. These benefits will be evidenced by feedback from users through evaluations, face-to-face conlact and their interest in getting involved in future health related activities. and
Drumduff & Drumnakill Communi Association Directors, Re ort for the ear ended 30 Se tember 2024 Provide facilities in the interests of social welfare for recreation and other leisure time occupations.. The direct benefits which flow from this purpose include opportunities for social interaction with peer and intergenerational groups and engagement in recreational and leisure activities which enrich the lives of inhabitants in this rural area. The public can hire the premises for their own activities which is a resource for them. These benefits will be evidenced by face-to-face contact with participants and their interest in further events and activities organised within our centre. Activities Drumduff and Drumnakilly Community Association provides a range of activities to cater for the identified needs of the community including= A weekly Parent and Toddler group for babies, toddlers and their parents-, Weekly Youth Club to cater for children in the 5-18 year old group. Fortnightly Senior Citizens Group for a range of crafts, information and advice on health and other matters" Training courses to enhance employability and promotion prospects e.g.. courses to suit different abilities, Food Hygiene and First Aid., Recreational courses including Flower Arranging, Painting, Gardening, Mixed Crafts and Dancing., Offer Health and Fitness related activities including Yoga, Keep Fit, Circuit Training, Zumba., Organise social events at Easter, Halloween and Christmas as well as an annual festival which allow members of the local community and beyond to come together in a social setting and participate in a variety of intergenerational events., Hire out charitable company's premises to community members for a range of events and the income generated is reinvested in the running of our organisation and its programmes- Host environmental visits by individuals and groups including schools to our Mountain View Environmental Trail to study and enjoy the wildlife of the area. a range of IT Public Benefit Statement The directors of Drumduff and Drumnakilly Community Association confirm that they have complied with their duties under section 4(6) of the Charities Act (Northern Ireland) 2008 to have regard to the Charity Commission for Northern Ireland's guidance on public benefit and that the public benefit requirement has informed the activities of the charitable company in the year ended 30 September 2024. Achievements and Performance The charitable company continues to receive funding from local bodies and utilises these funds to run events through the course of the year. During the year the charitable company continued to meet its performance objectives to benefit the local community. Financial Performance The company is a charitable organisation. The results for the year are set out in detail on pages 7 to 15. The charitable company returned net outgoing deficit of resources for the year of £34,670 {2023- net outgoing resources of £5,526). At 30 September 2024, the total funds of the charitable company amounted to £180,658 {2023 £215,328) comprising restricted funds of £113,490 and unrestricted funds of £67,168 Principal sources of funding and how this has supported the key objectives of the charitable company are disclosed in the notes to the financial statements.
Drumduff & Drumnakill Communit Association Directors. Re ort for the ear ended 30 Se tember 2024 Reserves Policy While funding for the charity's core activities is secured until 2025, the charity needs to establish a reserves policy to have sufficient cash reseNes should the company experience cash flow problems or costs involved in any potential wind up of the company. It is iecommended that reserves equivalent to twelve months. running costs for core activities together with anticipated improvements to fixed assets be retained. The target set and maintained for this in the current year is £20,300. The level of reserves are reviewed by the directors and management regularly throughout the year. The minimum level of reserves for the ongoing needs of the charity is reviewed by the trustees on annual basis. Plans for the future The long term aim remains to maintain the level of funding from existing funders while accessing new funders. The charity also aim to incrase self generated income by increasings income from rental of premises to third parties. Structure, governance and management Drumduff & Drumnakilly Community Association is a company limited by guarantee with charitable status, incorporated on the 1st October 2001 and registered as a charity in Northern Ireland in 2015. The company was established under Memorandum of Association that established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the winding up of the company each member is required to contribute no more than £1. The trustees of the charity when elected serve until the next annual general meeting at which they must be re-elected. The management operate a system of internal control designed to provide reasonable assurance, but not absolute assurance against material misstatement or loss. They include the.. regular consideration by the trustees of progress reports regarding operational activities. These are carried out detailing performance indicator levels such as participant numbers and financial breakdowns. delegation of authority and segregation of duties among staff. identification and management of risks lo which the charity is exposed. In accordance with the Articles of Association, the members to retire by rotation shall be those who have been longest in office since their last election, and the relevant motion will be put at the Annual General Meeting. A retiring member shall be eligible for re-election. Taxation status The charitable company is recognised as a charity by HM Revenue and Customs. Accordingly, the charitable company has availed of the exemptions contained in Chapter 3 Part 11 Corporation Taxes Act 2010 and Section 256 Taxation of Chargeable Gains Act 1992. statement of directors. responsibilities The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Company law requires the directors to prepare financial statements for each financial year. Under the law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing these financial statements, the directors are required to:
Drumduff & Drumnakill Communi Association Directors, Re ort for the ear ended 30 Se tember 2024 select suitable accounting policies and then apply them consistently- observe the methods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent., state whether applicable UK accounting standards have been followed. subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless il is inappropriate to presume that the company will continue in business. The directors are responsible for keeping proper accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small company exemption This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. The directors are of the opinion the company is entitled to exemption from audit in accordance with section 47512) and section 475(3) of the Companies Act 2006. This report was approved by the board on 9 June 2025 and signed on its behalf. Bcrnadette McElduff Director Kathleen Ward Director
Drumduff & Drumnakilly Community Association Independent examiner's report to the members of Drumduff & Drumnakilly Community Association on the unaudited financial statements for the year ended 30 September 2024 We report on the financial statements of the company for the year ended 30 September 2024 which are set out on pages 7 to 15. Respective Responsibllities of Directors and Independent Examiner As the charitable company's directors, who are the trustees for the purpose of charity law, you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied ourselves that the charitable company is not subject to audit under company law, and is eligible for independent examination, it is our responsibility lo.. examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008., follow the procedures laid down in the general directions given by the charity commission for Northern Ireland under section 65191{b) of the Charities Act (Northern Ireland) 2008., and state whether particular matters have come to our attention Basis of Independent Examlner's Report We have examined your charitable company's financial statements as required under section 65 of the Charities Act (Northern Ireland) 2008 and our examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under section 65(9)Ib) of the Charities Act (Northern Ireland) 2008. The examination included a review of the accounting records kept by the charitable company and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as a charitable company directors concerning any such matters. Our role is to state whether any material matters have come to our attention giving us cause to believe.. that accounting records were not kept in accordance wilh section 386 of the Companies Act 2006., or that the accounts do not accord with those accounting records., or that the accounts do nol comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of I reland., or that there is further information needed for a proper understanding of the accounts to be reached. Independent Examiner's Statement We have completed our examination and have no concerns in respect of the matters listed above and, in connection with following the directions of the Charity Commission for Northern Ireland, we have found no matters that require drawing to your attention. FMC Accountants Chartered Accountants and Statutory Auditors 34 Market Street, strabane, Co. Tyrone, BT82 8BH. 9 June 2025
Drumduff & Drumnakill Communi Association Statement of financial activities incor oratin the income and ex for the ear ended 30 Se tember 2024 enditure account Notes Unrestricted Restricted funds funds 2024 2023 Incoming resources from charitable activities 5,257 5.257 20,901 Incoming resources from generating funds.. Donations and legacies Trading income 4,692 6,868 4,692 6.868 8,019 3,994 Total In¢oming resources 11,560 5,257 16.817 32,914 Resour¢es expended Charitable activities 11,598 39,039 50.637 37.590 Governan costs 850 850 850 Total resources expended 12,448 39.039 51,487 38.440 Net incomingl{outgoingl resources before transfers 18881 133,782} (34,670) 15,5261 Transfers beeen funds 6,249 -16,249)_ Nel incominglloutgoingl resources for the year 5,361 140.031) {34,6701 (5,5261 Total funds brought foNard 61,807 153,521 215,328 220,854 Total funds carried forward 67,168 133.490 180,658 215,328 The charity has no recognised gains or losses other than those shown in the Statement oi financial activities in the above financial period and there have been no discontinued activities or acquisitions in this period. The notes on pages 9 to 14 fomi an integral part ol these financial statements.
Drumduff & Drumnakill Communi Statement of Financial Position asat30Se tember 2024 Association Notes 2024 2023 Fixed assets Tangible assets 10 166,950 187,425 Current assets Debtors Cash at bank and in hand 11 4,441 12,876 17,317 10,681 18,489 29,170 Creditors: amounts falling due within one year 12 (3,609) 1,267) Net current assets 13,708 27,903 Net assets 180,658 215,328 Funds Restricted funds General funds Designated funds 14 15 15 113,490 46,868 20,300 153,521 41,507 20,300 Shareholders, funds 180,658 215,328 For the year ended 30 September 2024 the company was entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of ils account5 for the year ended 30 September 2024 in accordance with seclion 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions in Charities (Accounts and Reports} Regulations (Northern Ireland) 2015 and Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. // iJa Bernadette McElduff Director Kathleen Ward Director Approved by the board on 9 June 2025 Company Registered number: Nl 041624 The notes on pages 9 to 14 form an integral part of these financial statements.
Drumduff & Drumnakill Communi Notes to the Financial Statement5 for the ear ended 30 Se tember 2024 Association Accountin olicies The principal accounting policies adopted. judgements and key sourGes of estimation uncertainty in the preparation of the financial statements are as follows.. al Basis olpreparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable to charities preparing their acGounls in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 {effecliv& 1 January 2015} - (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Drumdufl & Drumnakilly Community Association meets the definition of a public benefit entity as efined by FRS 102. Assets and liabilities are initially recognised al historical cost or transaction value unless olheNise slated in the relevant accounting policy notes. The charitable company has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A. bl Rcconclllatlon wlth prevlous Generally Accepted Accountlng Practlce In preparing the accounts. the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the reslalemenl ol comparative item5 was required. cl Preparation of the accounts on a golng concern basls The charity reported a deficit of £15,186 for the year. The directors are of the view that the Immediate future of the charity is secure for the next 12 10 18 months and that on this basis the charity is a going concern. The charity has Significant reseeS in place to provide services and maintain charity obj8ctiv8s. The uncertain economic outlook and continued competition from other charities for funding is a significant area of financial uncertainly which the directors have miligaled by remaining In regular onlact with local authorities and funders to secure their ongoing financial support and grant funding. dl Incomlng resources All incoming resourGe5 are in¢luded in the slalement of financial activities when the charity is enlilled lo Ihe income and the amount ¢an be quantified with rèasonable accuracy. The following specific policies are applied lo particular categories ol income.. Voluntary income is received by way of grants, donations and gifts and is inc5uded in full in the slalernenl of financial activities when the charity is legally enlilled lo the income and the amount can be quantified with reasonable accuracy. Grants lor the purpose of capital expenditure Is Included in full in the statement of financial activities when the charity is legally enlilled to the income and the amount can be quantified with reasonable accuracy. Investment income is included when receivable. Incoming resources from charitable trading activities are accounted for when earned. el Expenditure Expenditure is recognised once there is a legal or constructive obligation lo make a payment to a third party, it Is probable that selllement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings.. Costs ol charitable activities includes the costs of training pro9rammes delivered. commercial trading and other educational activities undertaken to further the purposes of the charity and Iheir associated support costs. Governance costs represents those items required to audit and report on the charity activities.
Drumduff & Drurnnakill Communi Notes to the Financial Statements for the ear ended 30 Se tember 2024 Association n Fund accounting The Charity has types of funds for which il is responsible.. 11} Unrestricted funds the unrestricted fund is under the control of the Board of Directors, to be used in the furtherance of the objectives of the charity. 12} Reslricled fund5 the restricted fund represents donations and grants received where the donor has imposed restrictions on the use of the funds which are legally binding on the Board of Directors. Designated funds are unrestrided or restricted funds of the charity which the directors have decided at their discretion to set aside to use for a specific purpose. gl Tangible fixed assets Individual fixed assets costing in excess of £1,000 are capitali5ed al cost and are depreciated over their estimated useful economic lives. h) Depreciation Depreciation has been provided al the following rates in order to write off the assets over their eslimaled useful lives. Land and propety Fixtures and fittings 4Q/o Straight line 25Q/o reducing balance il Investments Fixed asset investments are valued al their market value. Il Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Piepayments are valued at the amount prepaid net of any trade discounts due. k) Cash at bank and In hand Cash al bank and cash in hand includes cash and Short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 11 Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from past event that will probably result in the transfer of funds to a third paty and the amount due lo sellle the obligation can be measured or eslimaled reliably. Creditors and provisions are nomially recognised at their settlement amount after allowing for any trade discounts due. ml Transactions In forelgn currencies Transactions in foreign currencies are recorded at the rale ruling at the dale of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated al the rate of exchange Nling at the balance sheet dale. All differences are taken to the profil and loss account. ol Grant income Income from government and other grants are recognised at fair value when the charity has entitlement after any perforFnance conditions have been mel. it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred. p) Taxation As a charity, the charitable company is not liable to Corporation Tax. 10
Drumduff & Drumnakill Communit Association Notes to the Financial Statements for the ear ended 30 Se tember 2024 2 Legal status of the Charity The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up. the liability in respect of the guarantee is limited to £5 per member of the charity. 3 Incomin resources Unrestricted Restricted funds funds 2024 2023 Income from charitable activities Fermanagh & Omagh District Council Slieve Divena Community Fund (Omagh Forum) Slieve Divena Community Fund (Greencoat UK Windl DAERA Rural Affairs Division Arts Council of Northern Ireland Awards for All (National Lottery) 2,690 2,690 775 750 2,000 1,312 6,404 9,660 20,901 1,999 568 1,999 568 Income from donations and le Bazaar and lestivals Draw5 Sponsorship (Fermanagh & Omagh DC) Sponsorship and donations Interest received acies 4,140 4.140 4,716 3.082 221 550 550 4,692 8.019 Income from tradin Fitness suite rent Hall and computer suite rent NIEIROCS Other courses Parent and toddler group Summer scheme activities 1,625 2,247 1,486 885 275 350 1,625 2.247 1.486 885 275 350 25 2,076 1,363 460 70 6,868 6,868 3.994 4 Anal sis of ex enditure on charitable activities Unrestrlcted funds Restricted funds 2024 2023 Bazaar Equipment expensed Project expenses Draw prizes Youth club and parent & toddler Hospitalily and catering Course expenses Event and excursion expenses Light and heal Insurance Office costs Telephone and internet Repairs and maintenance Property and water rates Bank interest and charges Sundry Depreciation 1,019 1.019 160 8.479 1,039 1.335 750 1.500 22 160 8.479 995 1,793 3.710 1.062 1,742 995 1,793 3.710 1,062 4.779 1,705 131 747 2.358 136 194 514 22,855 50,637 3,037 1,705 131 747 978 136 194 514 3.137 11.598 3.097 1.944 485 585 3,490 177 337 201 22,628 37,590 1,380 19,718 39,039
Drumduff & Drumnakill Communi Notes to the Financial Statements for the ear ended 30 Se tember 2024 Association 5 Governance costs Unrestricted Restricted funds funds 2024 2023 Independent examiner remuneration 850 850 850 850 850 850 6 Staff costs and em lo ee benefits The charitable company did not have any employees during the year. 7 Dlrectors. remuneratlon The directors received nor waived any remuneration or other benefils during the year. 8 Indo endent examlnerfs remuneratlon The independent examiners remuneration amounts to an independent examinalion fee of £850 {2023- £850) 9 Taxatlon The company is claiming tax exemption to the extent that income andlor gains are applicable and apply to charitable purposes only. 10 Tan Ible flxed a se Land and bulldlngs Flxturos nd fitt5ngs Totsl C05t At 1 October 2023 Additions 522.264 101.953 2.380 104 333 624.217 2.380 626,597 At 30 September 2024 522.264 Dopreclatlon At 1 October 2023 Charge for the year At 30 September 2024 340,035 20,892 360,927 96.757 1.963 98,720 436,792 22,855 459,647 Net book value At 30 September 2024 161.337 5.613 166,950 AI 30 September 2023 182.229 5.196 187.425 11 Debtors 2024 2023 Trade debtors Olher tax and social security costs Prepayments 4.203 10,410 21 250 234 4.441 10,681 12
Drumduff & Drumnakill Communit Association Notes to the Financial Statements for the ear ended 30 Se tember 2024 12 Creditors: amounts fallin due within one ear 2024 2023 Bank loans, overdrafts and credit cards Trade creditors Accruals 81 2,678 850 29 388 850 1.267 3,609 13 Contln ent liabilitles There is a conlingenl liability lo repay all grant monies should they not be distributed under Ihe terms ol the various inilialives. The directors do not anticipate any repayment falling due under the terms on which grants were received, A debenture exists in favour of the Northern Ireland Rural Development Council securing the land and property of the charitable company along with a fixed floating charge over the assets of the charilable company. 14 Restricted funds Flxed asset Net asset funds lunds Total funds Balar)ce al 1 October 2023 Surpluslldelicill for year Transfer beeen funds 136.707 {19,7181 15.7021 111,287 16,814 114,064} {5471 2.203 153.521 133,7821 (6,2491_ 113,490 Balance at 30 September 2024 Fixed se fund The fixed asset fund is made up of grants funded plant & machinery, office equipment and improvements to property, less expenditure and depreciation, where the funding terms have not expired. The breakdown of this fund is as follow5.. enln Balance 132,180 161 1,250 1,029 1,120 967 Closln alance 105.744 Income ense 126,4361 1161) 1250) 1229) 1206) 1178) 13401 27.800 Rural Development Council Slieve Divena - Omagh Forum Slieve Divena- Omagh Forum Slieve Divena- Omagh Forum DAERA Rural Affairs Division Fermanagh & Omagh District Council DAERA Rural Affairs Division 1,000 800 914 789 2,040 2,380 Balance al 30 September 2023 136,707 2,380 111,287 13
Drumduff & Drumnakill Communit Association Notes to the Financial Statements for the ear ended 30 Se tember 2024 Net assets fund The nel assets fund consists of monies receivable at 30 September 2024 and monies held, but not yet spent for restricted purposes. Tran eenr slricted funds Transfers befv¢een restricted funds and unreslricled funds are completed lo account for., variations in depreciation amount of assets reflecting the difference between the amount allribulable to the period of the reslriclion and the lolal depreciation period of the assèt liming variations between expenditure of grant income and funding receipt. nr 15 Unrestricted funds Desl funds Cashflow reserve General Fund Total funds Balance 811 October 2023 surpluslld6ficill for year Transfer belmeen funds 41,507 {888) 6,249 46.868 20,300 61.807 18881 6,249 67,168 Balance at 30 Sèptember 2024 20,300 Designated lund5 have been set aside for the following purposes.. Ca5hllow reserve - lo ensure that the company can meet ils debts as they fall due, in the event that payments by funders are delayed or whore costs are mel relrospeclively. 16 Anal sls o ne ts between funds Restricted Income funds General funds Desl funds Total funds Tangible fixed assets Current assets Current liabilities 111,287 4.202 (1.9991 113,490 48,478 7,185 13,115 166,950 17,317 .11,610)_ 46.868 Balance at 30 September 2024 20.300 180,658 17 Ultlmate conlrollln The company is limited by guarantee. There is no ultimate Gontrolling party. 14