COMPANY REGISTRATION NUMBER: N1034342
CHARITY REGISTRATION NUMBER: NIC101802
Glenshane Care Association Limited
Company Limited by Guarantee
Unaudited Financial Statements
30 June 2022
PFS ACCOUNTANTS AND AUDITORS LTD
Chartered Certified Accountants
122 Main Street
Dungiven
Co Derry
BT47 4LG
• JC67EKYZ*
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COMPANIES HOIJSE
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#102

Glenshane Care Association Limited
Company Limlted by Guarantee
Financial Statements
Year ended 30 June 2022
Page
Trustees. annual report (incorporating the directorfs report)
Independent examinerfs report to the trustee5
statement of financial activities (including income and
expenditure account)
Statement of financial posrtion
Notes lo the financial statements

Glenshane Care Association Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report)
Year ended 30 June 2022
The tfuslee5, who are also the directors for the purposes of company law, presenl their report and Ihe
unaudited financial stslements of the Chanty for Ihe year ended 30 June 2022.
Reference and admlnistralive d•talb
R•gSstefed charity n•m•
G￿n$haTre Care Assou"atKin Limited
Charlty reglstration numb¢r
NIC101802
Company registratlon number N1034342
Prin¢lpal offlc• and regislernd Glenshane 8usiness Pa
office
50 Legavallon Road
Dungiven
BT47 4QL
Co Derry
The trustees
M Grieve
E Hunter
C McNichd
K Kelly
S Bond
C M¢C105key
G O'N*ll
{ResvJned 12 October 20221
IResKJned 11 October 20221
Independent Bxaminor
PFS AttoLnlants auditors Ltd
Chartered Certified Accountants
122 Main Street
Dungiven
Co Derry
8T47 4LG
Structure. governance and management
The company was estsblished under a Menmxandum of AssrKiatK)n which eS￿blISheS the obj'ects and
powers of the company and is 9ovemed under the ArtT¢ks of Assc¢ial*)n. The minimum number of
directors reqUI￿d at any one Iwne is th￿e.
Objectiv•s and actlvities
The ¢¢mpany aims to advance educat￿ arKI rel¢ve poverty an￿9 disabled adults in Dungiven and
surr¢)unding a￿a5 and in parttulaf to provNle training and empk)ymenl r)pptytunil¢es for such people.

Glenshane Care Association Limited
Company Limited by Guarantse
Trustees, Annual Report (Incorporating the Director's Report) {¢onrih4rfd)
Year ended 30 June 2022
A¢hievements porforrnan¢¢
The resuris for the year a￿ sel ¢)ul on page5 5 & 6.
2021r22 $aw Glenshane Care Asso¢rdlion Limited continue to fv￿lI ils aims and ot4e¢bves wilh its
services benefiliing the Ixal community through current and new prqecls to the benefits of its
members.
The trustees. annual report ￿ds apwoved on 15 June 2023 and stswed on behaw of the tmjard of
trustees by:
M Grieve
Director

Glenshane Care Association Llmited
Company Llmited by Guarant••
Independent Examinerfs Report to the Truste•s of Glenshane Car• Association
Limlted
Year ond•d 30 June 2022
I report lo the trvstees on my examination of the financk4 statements of Glenshane Care ASsoc￿K)n
Limited I'lhe charity'l lor the year ended 30 June 2022.
Responslbllltle8 and b•sl$ of report
As the Iru51ees of the company lan¢J also its directors lor Ihe purposes of company law) you are
responsible for the preparalh)n of the financkql stalements in accordance with ihe requirements of
CharilEs Act (Northern Irelar+d} 2008 (the .2008 Act'> and the Companies Act 2CQ61'me 2006 Acl'l.
You are satisfied Ihal the accounts ol the company are nol required by Charity or Company law lo be
aLKlited and have chosen instead to ha¥e an independent examInatK￿.
Having satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 20C6 Act anLI are eli9ible for independent examinab"on, I report in of my examination of
the charity's financial slalerrents as carried out under section 65 of Ihe 2008 Act. In carrying out my
examination I have folbwed Ihe general Directicffi$ given by the Charity Commi$sKin for Northern
Ireland under section 65(91(bl of the 2008 Act.
IndepBndent examlnerfs statement
I have completed my examinab'on. I confirm that no matters have come lo my attention in connection
wilh my examinatson 9iving me ¢ause 10 believe that in any material respect
a¢counling reccids were nol kepl in respect of the clkgrity as required by section 386 of the
2TrJ6 A¢1, or
the financial stslaTrents do not accord with Ihose records., or
the financial st*ements do not compty with the accounting requirements of sects'on 396 of
the 2006 Act other than any requiremenl that the accounts give a 'twe and fair view which
is not a malter constdere(l as part of an independent ex￿ination". or
the financial statements have not been prepared in a¢¢ordan¢e with the methods and
principles of the Statement of Recommended Pra¢lice for accounting and reporting by
charibes applicab￿ lo charib'es wepariry their accounis in accordance with thg Financol
Reporting standard 8ppl￿ble in Ihe UK and Reputs1￿ ol Ireland IFRS 102).
I confirm that there are no other maiters to wlmch y￿r attention sho￿¢ be drawn to enab￿ a proper
understanding of Ihe ac¢wnts to be rea¢hed.
.J L&Q
PFS A¢¢ountani$ ond Audrttys Lld
Chaflered Certtfied Accauntarts
Independent Examiner
122 Main Street
Dungiven
Co Derry
BT47 4LG
15 June 2023

Glenshane Care Association Limited
Company Llmlted by Guarantse
Statement of Financial Activities
(including Income and expenditure account)
Year ended 30 June 2022
2022
Unrestricted Resln¢ted
funds
funds Total fvnd$ Total lunds
2021
Incorne and endowm•nts
Donations and lègacies
Charitable ￿ti¥ll1eS
16.763
62,638
79.401
103.811
2,095
105.906
Tot•1 Incom¢
16.763
82.638
79.401
Exp•ndlturo
Expenditure on charitsble acbvilies
Total •xpendl¢ur•
62.638
67.524
94.054
4.886
62.638
67,524
94,054
Net Inconm and net fflov•menl lfi
11,877
11,877
11,852
Rocon¢lllaiion of fund5
Tolal funds brought fopward
Total funds carrfed f(Thard
26,127
29,083
29.083
55,210
67,087
43,358
55.210
The statement of financial xtivilies includes all gains and losses wnis&J in Ihe year.
All in￿rne and expenditure derive.from continuing activrties.
The notes on pa9ts 6 to 13 fomb prt of Iho$0 fina￿601 statÈmonl8.

Glenshane Care Association Limited
Company Lirnited by Guarantee
Statement of Flnancial Position
30 June 2022
2022
2021
Mot•
Flxed assets
Tangible fixed assets
13
10,279
13.707
Curfent assets
Oeblors
Cash at bank aTrJ in hand
14
8.957
49.542
1.771
40,883
42.654
58,499
Crodltors: amounts falllng due withlD one year
Net current a86ets
15
1,691
56,808
1.1SI
41.503
Total ￿￿ets Ips$ current Ihbllllles
67,087
67,087
55.210
Nel assets
55.210
Funds ofihe charlty
Reslricled fund5
Unrestricled funds
29.083
38,lJ)4
29.083
26.127
Total charity lund$
17
67.087
55.210
For the year ending 30 June 2022 (he chartty was entitled to exempttoTr Irorn audit under section 477
of the Companies Act 2Cth relating to small ¢Mipanies.
Directors, responsibilibes:
The membefs have required Ihe cc*npany to ol)tain an audrt of ts finarKtal Statements the
year in quesih)n in aCCordar￿e with section 476..
The diredors a¢knowledge their responsibil*ies ¢(WYWtying with the requiremenls of the Act
with fespect to accountin9 recc*ds the prepar*ion of finarKial slatements.
These financial statements have been prepared *) ac¢ordarte with the w0v6￿n$ appll¢abk lo
companies subiect to the small ￿mPanIes, regirne.
These financial Slalements were approved by the board of Iruslees and authorised for issue on 15
June 2023 and a￿ sBJned on behalf of Ihe board by:
M Gr¢eve
Director
The nots$ offt pages 6 to 13 forni part gfth•se fioancial st¥t•m¢nts.

Glenshane Care Association Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 30 June 2022
Genoral InYornWlon
The chanty 15 a publK benefit entity and a private company linNl8d by guarantee. registered in
rthern Ifel8nd and a ￿lstered charty in Northern Ireland. The address of the registered offi¢e
is G￿fiSh8ne Business Park. 50 Le9avallon Road. Dungiven. BT47 4QL. Co Derry.
Statement of compliance
These financial stslemenls have been prepored in CQTnplian¢e wth FRS 102. The Financial
Reporting Standard appl￿b￿ in the UK and the Republ￿ of Ifeland. Ihe Slatemenl of
Recommended Practice appliCa￿e lo charil*s preparing their accwnts in accordance with the
FinanGial Reporting Standard ap￿icab￿ in the UK and Republic cf IreL8nd IFRS 102} (Charities
SORP IFRS 10211 and the COmpan￿S Act 2006.
Ac¢ountlng policie
Basls ol preparntlon
The financial ststements have been Pfepared on Ihe histor￿1 cost basis, as ￿￿￿(fied by the
revaluation of certain financial assets and Irabilities and inveslment properties tTha5ured al lair
value through Inco￿ or expendrture.
The financkgl statements are prepared ￿ sterling, which 1$ the furdtonal ¢¢Jrrerw of the ents"ty.
Golng concom
There are no material uncertainlies al*)ul the charity's abilfy lo continue.
Fund accountlng
Unreslricled fvnds are availa1￿e for use at the disuetKm of the trustees lo further any of the
charity's purpose5.
Desi9naled fund$ aTr UnreStr￿ted lunds eam*rked by the tru$lees for p￿t￿ar future project or
commitsnenL
Reslficted funds are su*'ecled to restr￿t￿5 on Iheii expenditure decjared by the donor or
through the term5 of an appeal, and fall into one of ts¥o sub<lasse5: resth.cted income funds or
enrjowmenl funds.

Glenshane Care Associatlon Limited
Company Limlted by Guarantee
Notes to the Financial Statemènts (e0nUn￿j
Year ended 30 June 2022
Accountlng pollcles iconL4ftw•dJ
Incoming resources
All inwming resources are Ir£1￿ in the statement of financial aclivities when entstlemenl has
passed lo the charity.. it b5 prOba￿e that the economic benefits asso¢iated wtth the transa¢tion
will ftow lo the charity and the amunt can bE reliabty measured. The following specifi5 pJli¢ies
are applied lo particular categories of Y*cfft'.
income from dor￿li0n5 or grants bs reco9nised when there bs evidence of entitkmenl to the
gift, receipt Is probable an¢J its amount can be Th*asured reliabty.
regacy income ￿ recognised when receipt is probable and enttUen*nt is established.
income from tJonate(I goods is measured * the fair value of the goods ￿lesS this
impracti¢al lo measure reliabty. in which case the value is derr¥ed trorn the cost lo the donor
or the e51imaled resale value. Donated facilities and seNices a￿ ￿C￿niSed in the
ccount5 when receNed if the value can be reliabty ￿asUred. No amoun15 are included for
the contributton ol general voliffiteets.
income from contracts for the supply of seThices is recognised with the delivery of the
contracted service. This is classified as unresti￿ted funds unless there is a contractual
requirement for il lo be spent on a particular purpose and returned if unspent, in which case
il may be regarded as ￿$tncte￿.
R￿OurCeS expended
Expenditure is recognised on an Kuuals basis as a liability incurred. Expenditure includes any
VAT which cannot be fulty recovered, and is dasgfied under headffjs ol the statement of
financial activit￿5 to which il ￿￿te5..
expenditure on raising funds inchJdes the costs of all fundraising activities. events.
non<harilable trading acbvil¢s. and the Sa￿ of donated goods.
expenditure on charitable activit￿ Ir￿1[￿leS all eosts incurred by a charity in undertaking
livilies lh* further ils charitable aim5 for Ihe benefit of ils beneficiaries, includin9 those
support costs and costs reLab"ng to Ihe 9Jvemance of the charity apportioned to charitable
aclivilw.
other e%pendrtu￿ irdudes al expenditure that is neither related lo ratsirya funds for the
charity nor part ol its expenditure on charilable actMi*s.
All costs are alb3caled lo exFenditure ¢ategories ￿flecting the use of the resource. Direct CA)Sts
attributable lo a sirb9￿ activity are allocated direclty lo that acts"vity. Shared costs are apportioned
be￿eeft the actNil*S they contribule to on a reasonable. justifiabk and ¢onsi5tenl basis.
Tangible assets
Tangible assets are initialty reccyded at cosl. and subsequentty stated at cost less any
accumulated depre¢ialion and impairmenl losse5. Any tangible asset5 carfied at revalued
amounts are recorded ai the fair value at the dale ¢1 revalvalion less ary subseqvenl
accumulated depreualbjn and subsequenl accumuialed impairn*nl Io5S85.

Glenshane Care Association Limited
Company Limited by Guarantee
Notes to the Financial Statements l¢onthtMo)
Year ended 30 June 2022
Accountin9 pDllcl08 (¢onthuerfl
Tangible assets l¢gnOnu•dJ
An increase in the cwrying aff￿nI of an as5el as a resutt of a revaluation. 15 reccfjni5ed in olher
recognised gains and kisses. unless rt reverses a charge for irnpairrrenl that has previousty been
recognised as expenditure within the stateff*nl of financol a¢tNilies. A decrease in the Carrying
arnount of an a55et as a re5uII of revaluats'on, is recognised in other re¢c*anised gains and10sses,
except lo which il oltsels any previous revaluation gain. in wh￿h ¢ase the bss is shtyvn wilh
other recognised 9ains and b)sses on the statement of financial 8cliYib'es.
Depreciallon
Depreciation is cakuLoted so as to write off the c05t or valuation ol an asse( ￿ its resbjual
value, over the useful econom￿ life of that asset as follows..
Motor vehicles
10% strawJht lir
Impairm¢nt of fixed assets
A review for indicators of impaim*nt is carried out al each reForting dare. with Ihe recoverable
amount being estimated Whe￿ such indrcalors exist. Where the carrying value exceerjs the
recoveratAe amount. the a$5el bs impaired accordingty. P￿r impaiThnents ￿ also revwfftl for
possible reversal ai each reporling dale.
For the purposes of impairment ie5ting. when it t5 not Possible to estimate the recoverable
arnount of an individual assel. an estimate is made of the recoverab￿ am)unt of the
cash-generaling unil to wh￿h the assel belongs. The cash*enerating unit is the smallesl
rdenlifiable group of assets Ihal mdudes Ihe assel and generates cash inflows Ihat largely
independent of the cash inflows from olher assets or groups of assets.
For impairment testing of go(thill. Ihe geth￿.1 acqfftd li a busness ccKnbinalion is. from the
acquisition date, allocated lo exh of the cash-generaliNJ units that are expected to benefit frorn
the synergies ol the combinalion. irrespectNe of whether other assels or liabilities of the charity
are assigned lo those units.
Financial instruments
A financial asset ty a finan¢bal lia￿'l1ty is recognised onty when the charity be¢ome5 a paty to the
contractual provisicns of the instrumenl.
Basic finanoal 1nstrury￿ntS are iniliawy recognised al the amount receivable or payable including
any related transath.on ￿$ts.
Curfenl assets and cul￿nI liabilities are subsequenlty measured at the cash or other
cmsijerat￿n expected lo be pawj ￿ receNed and not discounted.
Debt instruments are subsequenlty measured at amorti5ed cost.

Glenshane Care Association Limited
Company Limited by Guarantee
Notss to the Financial siatements (cl￿[1￿￿8￿)
Year •nded 30 June 2022
Accountlng ￿1¢1¢3 (¢MthL*dJ
Flnancial instruments (¢tsn0nt￿1J
Where investments in shares are publ• traded or thw far value can ¢)therwise be measured
reliably. the investrnent is subsequently measured al fair value with changes in fair valu8
reco9nised in income and expenditure. All olher such inveslments are sut)sequendy measured al
C051 less impairment.
Othef financial inStrUTh￿￿￿. I￿lUding derivatives. are iniially fecognised at fay Value, unless
payment for an asset ts deferred Wond nonnal business temis Qr financed al a rate of interest
that 15 nol a market fate. in which ¢ase the asset is measured at the present value of the fulure
payments di5￿Unted al a market rate of interest ft)r a similar debt in$tnJmenl.
Other financkql InstrU￿nts are subsequently measured at fair value, Wbth any Changes
feec*3ni5ed in Ihe stalemenl of financial activitses. with Ihe exceptKJn of I￿gIng instruments in a
designated hedging relalionship.
Financial assets that are measured at cost ￿ amortised cost a￿ reviewed for obJ"ectNe ev¢dence
of impairment at the end of each reFK)rtin9 date. If there is objeclive evidence ol impairment. an
inyaim7ent Ioss is re¢ognised under the approwiale Iwdin9 in the statemenl of financial
adivilies in which the inib'al gain was recoynised.
For all equity instruments ogardless of srgnif¢ance. and other financial assets that are
inclividualty 51gnifunl. these are assessed indivKlualty for impairment Other financial a55els ar8
either assessed individualty or grouped on Ihe basis of similar credit risk Characterisi￿$.
Any reversals ol impaifmnl are re¢ts3nised imffedrdlety. to the extent Ihat the reversal does not
result in a Carrying anN)unl of the financial asset that exceeds what Ihe carryin9 amount woutd
have been had the impairrr*nt not previovsly been reco9nised.
0ofin¢d contrfbutlon plans
Conlribulions to defined contrthtK>n plans are recwised as an expense in the period in which
the reL4ied seryice is provhded. Prepaid Contributions are fecognised 85 an asset ID the extent
that the yepayment wll lead lo a red￿t￿n in lulwe payments or a cash refvnd.
When Contribul￿n¥ are not expected to be setded wholty wrthin 12 months of the end ol the
reporting date in which the emkloyees render the related servti. the liability is measured on a
discounted pfesenl value basis. The unwinding of the dis¢ount is reccKJnised as an expens¢ in
the pericrfl in which it awises.
Llmlted by guarant•e
The company has no share capit* and 15 a rAmpany limrted by guarantee.

Glenshane Care Association Limited
Company Limited by Guarantee
Notss to the Flnancial Statements {coftthuod)
Year ended 30 June 2022
Donations and l•ga¢les
Unrestrrted Restricted Totsl Funds
Funds
Funds
2022
Donations
FUnd￿lsIng Events & Oonalions
16,763
16.763
Grants
VVHSCT
Causeway Coast and Glens
60,641
1,997
60,641
1.997
16.763
62,638
79,401
Unre$trteted
Funds
Regtitied Tolal Funds
Funds
2021
Donatlons
Fundraising Events & 00nati￿$
12.159
12,159
Grants
FMISCT
Causeway Coast and Glens
SSE Renewab￿$
Covid 19
TRIG Cov
Oeveloping Healihy
New Needs
Ulstef Community
Rural Communty Nets¥(wk
Dungi¥en RC Trust
62.425
1.997
1.000
5.093
2.494
799
3.880
10.158
2.3C6
62,425
1.997
1,000
5.093
2.494
799
3.880
10,158
2.30S
1.500
1.500
13.659
90,1 $2
103,811
Charltablé actlvities
UrTr$I￿tea Tot•1 Funds Unrestricted Total Funds
Fur￿lS
2022
Funds
2021
Other incm from dwilable aciivrt" ies
typel
2.095
2,095
10

Glenshane Care Association Limited
Company Llmited by Guarantse
Notes to Ihe Flnancial Statements
Year ended 30 Juno 2022
Expenditure on ¢haritsbk acthfities by fund type
Unrestricted
Funds
Restrthd Totsl Fund8
Funds
2022
Expenditure on charitable aciiviti"e5
62,638
67.524
4,886
62,638
67.524
Ur￿￿trthd Restr￿ted Total Fund$
Punds
Funds
2021
Expenditure on charitable activities
3.W2
90,152
94,054
3.902
,152
94,054
expenditure on charttable actlvltles by act1v￿ type
Actbvilies
undertaken
dire¢
Support Total funds
costs
2022
Tolal fund
2021
Expenditure on charlt* xtwrties
Governance costs
1.150
1,150
66.374
67.524
1,452
92,602
94,054
66.374
66.374
1.150
Net Income
Nel ir￿)rne is slaled after chargingllrAediting):
2022
2021
Depre￿ation ol I￿gib￿ r￿ed assets
3.428
3.428
10. Independent examlnatk)n f•es
2022
2021
Fees payabk to the independent examir*er lor..
Inoependenl examination of the fiwcial statements
2.563
1,771
11

Glenshane Care Association Limited
Company Limited by Guarantee
Notss to the Financial Statements (conL6Tu•d)
Year ended 30 June 2022
11. Staff ¢¢)sts
The totsl staff costs and erybyee Lynefits lor Ihe ￿{•￿11n9 perKd aTe ?natysed a5 foNtrws."
2022
2Q21
Woges and salaries
Employer contributions lo pengon plans
39.893
54.209
870
40.539
55,079
The avera9e head wjnl of enwbyees durin9 the year was 412021: 4}.
No ernployee received employee ￿nefi& of mre than £60.IJ)O during the year {2021." Nil>.
12. Trustee remunewation and expenses
During the year ended 30 June 2022 there was no remuneration pawj to the trustees.
13. Tanglble fixed a$sets
Fixlures and
fitbngs
Motor
vehr
Total
Cost
At 1 July 2021 and 30 Juffte 2022
Depreciation
At 1 JLrly 2021
Charge for the year
At 30 June 2022
38.214
34.275
72.489
38.214
20.568
3.428
58.782
3.428
38.214
23,996
62,210
Carrylng amount
At 30 June 2022
10.279
13.707
10.279
13.707
AI 30 June 2021
14. Debto
2022
2021
p￿payrrents and a￿rVed incon
Other debt￿$
1.727
7,230
8.957
1.645
126
1.771
12

Glenshane Care Association Limited
Company Limited by Guarantse
Notes to the Financial Statements (c•Jpdnwd)
Year ended 30 June 2022
15. Creditorn: amounts falling due within ono year
2022
2021
Ar£rua15 and delerred income
Olher CTedrl¢y5
960
191
125
1.691
1,151
16. P•nslons and ¢)ther post relirement benefft8
Defined ¢ontrlbution plans
The amount feco9ni5ed in income or expenditure a5 an expense in relation to defined
contribution plans was £646 {2021'. £870).
17. An¥ly$l$ of eharitable funds
Unrestricted funds
At
1 JuW2021
At
Incfft Expenditu￿ 30 June 2022
General funds
26.127
16.763
(4.8861
38,004
At
Inco￿ Expenditure 30 June 2021
1 Juty 2020
General fvnds
14.275
15,754
(3.902)
26.127
Restricted fvnds
At
Income Expenditure 30 June 2022
1 Juty 2021
Reslncled Fund 1
29.083
62.638
162.6381
29,083
At
Incory* Expenditure 30 June 2021
1 Juty 2020
Restricted FurKI 1
29.083
.152
{90.1521
29.083
13