Shantallow Community Residents Asso¢iatlon
Accounts
for the year ended 31 March 2023

Shantallow Community Residellts Associatlon
Contents
Page
Information
Trustses, Report
Independent Examiners Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Activiti¢s
7-10

Shantallow Community Residents As$oclAtion
Information
Accountants
McGroaty McCaff¢rty & Company Ltd
Accountants & Tax Consultants
2 Carlisle Terrace
Derry
BT48 6JX
Business address
38 Drumleck Drive
Shantallow
Derry
N Ireland
BT48 8EN
Bankers
AIB (NI)
Meadowbank
Derry
BT48 71N
Charity Trustees
Patrick White (Chairperson)
Gary McFadden
Patricia Patton (Secretary)
Brona Mc Laughlin
Stella M¢Cauley
Rosemary Delpinto
Charity Number
NIC101810
XR31543
Page I

Shantsllow Community Residents Association
Trusttt's Report
The trustees p￿sellt their report and the financial statements for the year ended 31 March 2023.
PrAncipal activity
The Association is ¢stablished to promote the benefit of the inhabitants of the area without distinction of age,
se& rnce, or of political, religious or other opinion, by associating th¢ said inhabitants and statutory
authorities,voluntary and other organisations in a common effort to relieve poverty, sickness, and distress, to
relieve the disabled, to advance education, to preserve and to protect health and to provide facilities in the
interest of social welf￿'c for recreation wid leisure-time occupation with the object of improving the conditions of
life for the said inhabitants.
Achievements & Outputs
*Provide support to six local community groups.
*Community Relations: 6329 people partiCApated in community bonding/ relations projects during this period.
*Coininunity Safety: 3280 people supported through Crime Prevention Initiatives.
*Voluiiteer Opportunities,. l 98 people were involved in volunteering activities.
*Youth Interventions: 770 young people benefitting from youth intervention and personal developinent
pi'ogrammes.
*Health Initiatives: 2733 people benefitted from Health Intervention Services.
Trustees and their interests
The trustees of the charity for the purposes of charity law and throughout this report are collectively referred to as
the trustees.
Tlie trustees serving during the year arld since the year end were as follows:
Patrick Whits
Gary McFadden
Patricia Patton
{Secretary)
Stella Mccauley (Committee Member)
(Chairperson)
Brona McLaughlin (Committee Member)
Rosemary Delpinto
(Committee Member)
Governing Document
The organisation is an unincorporated Association with charitable status. The Association w&s established under
a Coiistitution which outlined the area of benefit and the objects of the charitable organisation and is governed
under its Constitution.
Recruitment and appointment of the management committee
The management cominittee of the Association consists of six members and shall meet at least nine times a year.
The inembers of the manageinent committee shall have the power to appoint any member of the Association to
be a meinber of the management committee. either to fill a casual vacancy or as an addition to the existing
members. Aiiy member may withdraw from the Association at any time giving at le&8t fourteen da￿S notice to
the Association.
Page 2

Shantallow Community Residents Association
Risk Management
The trustees have &ssessed the major risks to which the &ssociation is exposed, in particular those related to the
operations and finances of the association. and arc satisfied that systems are in place to mitigate the exposure to
the inajor risks.
Financial review
The Management Cominitt¢e is empowered to receive Inoney in the forni of sub￿riptIons, grants and donations
and to raise money by other lawful means. All money raised for the Association shall be us¢d to further the
objectives of the Association and for no other purpose.
Plans for Future Periods
The association plans to continue to develop on the activities &8 Outlined above in the forthcoming years subject
to satisfactory funding arrangements.
Statement of trustees,￿8p￿n$Ibnlitie9
The trustees are responsible for preparing the annual report and th¢ financial statements in accordance with
applicable law and United Kingdoin Generally Accepted A¢counting Practice.
The law applicable to charities in Northern Ireland requires the trustees to prepare financial statements for each
financial year that give a true and fair view of the state of the affairs of the charity at the end of the financial year
and of its surplus or deficit for the financial year. In doing so the trustses are required to:
select suitable accountiiig policies and apply them consistently"
observe the methods and principles in tlie Charities SORP 2019;
make judgements and estimates that are reasonable and prudent"
state whetlier applicable 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 it is inappropriate to presume that the charity
will coiitinu¢ iii operation.
The trustees are responsible for Inaintainiiig proper accounting ￿ordS which disclose with reasonable accuracy
at any time the financial position of the charity and enables them to ensure that the financial statements comply
with the Charities Act (Northern Ireland) 2008.Th¢ trustees are also responsible for safeguarding the &ssets of the
charity and hence for taking reasonable steps for the prevention and detection of fraud and oth¢r irregularities.
A resolution will be proposed at the Annual General M¢¢ting that McGroarty Mccaffety & Company Ltd be
re-appointed as Independent Examiners to the charity for the ensuing year.
On behalf of h
Signed:
Signed: QoEr-
Date: 16111125
Date:
Iv[
Page 3

Shantallow Community Residents A&sociAtion
Independent Examiner's report to tbe eharity committee members of
Shanlallow Community R£sAdents Association
We report on th¢ accounts of the Charity for the year ended 31 March 2023, which are set out on pages 5 - 10.
Respective rwponsibilities of charity committee members and examiner
As the charity's members you are responsible for the preparation of the accounts in accordance with the
Charities Act (Northern Ireland) 2008.
It is our responsibility to:
examine the accounts under Section 65 of the Charities ACL
follow tlie procedures laid down in the general DIr￿tionS given by the Commission under Section 65(9) (b)
of the Charities Act;
state whether particular matters have come to our attention.
Basis of Independent examiner's report
We have examined your charity accounts as required under Section 65 of the Charities Act and our
exainination was carried out in accordance with the general Directions given by the Charity Commission for
Northern Ireland under Section 65 (9Mb) of the Charities Act.
Our examinalion included a review of the accounting records kept by th¢ charity and a comparison of the
accounts presented with those records. It also included considerations of any unusual items or disclosures in
the accounts. and secking explanation from you as charity members concerning any such matters.
Our role is to state whether any material matters have come to our attention giving us cause to believe:
l . That accounting records were not kept in accordance with Section 63 of the Ch￿Ille8 Act.
2. That the accounts do not accord with those accounting records.
3. That the accounts do not comply with the accounting requirements of the Charities Act.
4. That there is further information needed for a prop¢r understanding of the accounts to be reached.
Independent Examiner's Slatsment
As th¢ cliarity's gross income eXCe￿ed £250,000 the examiner must be a member of a listed body. We can
confirin that we are qualified to undertake the examination as we are a registered member of Chartered
Accountants Ire1￿]d which is one of the listed bodies.
We liave completed our examination and have no concerns in respect of the matters 1- 4 listsd above and, in
oiiiiection with the following Diirctions of the Charity Commission Northern Ireland; we have found no
matters tl)at require drawing to your attention.
McGroarty Mcca
erty & Company Ltd
Aecountallts and Tax Consultydnts
2 Carlisle Terrace
Derry
N Ireland
BT48 6JX
Date:
Page 4

Shantallow CommuDity Residents Association
Statement of Flnancial Activities
for the year ended 31 March 2023
Unrestricted
Funds
Restrietsd
Funds
2023
2022
Income and Expenditure
Incoming Resources
Grants & Sundry Income
Total Incoming Re8our¢e$
631,233
631.233
607,620
631,233
631,233
607,620
Resources Expended
Manageinent & Administration
634,293
634,293
598,712
Total Resources Expended
634,293
634,293
598,712
Net Ineoming l (Outgoing) Resources
(3,060)
(3,060)
8,908
Balances brought forward l April 2022
35,062
35,062
26,153
Balances carried forward 31 March 2023
32,002
32,002
35.062
The above ￿noUnts relate to continuing operations of the association.
The group has no recognised gains and losses other than those included in the results above and therefore no
separate stateinent of total recognised gains and losses has been presented. There is no difference between the
net incoming resources for the year stated above and their historical cost equivalents.
Page 5

Sbantallow Communlty Resldents Associatlon
Balance sheet
as at 31 March 2023
2023
2022
Notes
Fixed assets
Tangible a&sets
1,200
1.600
Current a&8ets
Debtors
Cash at bank and in hand
106,774
64.520
114,263
38,748
171,294
153,01 I
Current liabilities
Bank loans and overdrafts
Other creditors
Accruals
63.311
7,971
69,213
40,148
25,575
53,828
140,495
119,551
Net current assets
30,799
33,460
Total assets less current
15abilities
32,002
35,062
Fund8
Brought forward at l April 2022
Unrestricted
Restricted
32,002
35,062
32,002
35,062
Memb
Member
Date:
LL[I
Date: ILI Iiii3
Page 6

ShAntalloiv Commullity Residents Association
Notes to the aeeounts
for the year ended 31 March 2023
Accounting policies
The principal accounting pojicies adopted in the preparation of the fmancial ststements are set out
below and have remained unchanged from the previous year, and also have been consistently applied
within the same accounts.
Accounting convention
Th¢ accounts are prepared under the histori￿ cost conventlon modified when necessary, and in
compliance with the Charities SORP (FRS 102).
1.2. Tangible fixed assets and depreclation
Taiigible fixed &ssets are statsd at cost less depreciation.
Depreciation is provided at rates calculated to writs off the Cost or valuation l¢ss residual value of ¢￿h
&8set over its expected useful life, as follows..
Motor vehicles
250/0 Straight Line
1.3. Income
(i) Grants
Graiits represents all ￿nOUnts received and rec¢ivabl¢ during the year.
Capital grants ar¢ released to the profit and loss account in the year in which they are received in
line with the Charities SORP (FRS 102).
Revenue grants are credited to the Ststement of Financial Activities in the year they are received.
(li) Donations & adininistration income.
This comprises amounts received during the year.
1.4. Expenditure
(i) Direct Charitable Expenditure
This represents all expenditure directly attributable to charitable causes.
(li) Managein¢nt & Administration
This includes all other expenditure not directly a]locatsd above and a portion of the overhead costs
attributable to tnanageinent and administration.
Page 7

Shantallow Community Residents Asso¢i2tAon
Notes to the accounts
for the year ended 31 Mareb 2023
Ineonie
2023
2022
Restricted Income
Apex
WHSCT
EA- Region
PSNI Graiits
Department for Coinmunities
Ballyarnett Comm Safety & Develop
Derry Healthy Cities
Long Tower Spark Project
Ballyarnett Empowering Women
Derry City and Strabane District Council
YOCIP project
GSAP
Community Foundation NI
Co-operdtion Ireland
Project Iiicome
Furlough Monies
Youthwork Alliwice
Nl Housing Executive
I 1,000
37.517
10,826
23,958
49,128
5,100
136,154
84,140
5,327
34,252
28,050
53,151
19,729
109,437
101,637
5,438
38,672
67,637
37,300
10,700
11,708
154,573
2,350
174,934
23,015
3,120
631,233
607,620
Unrestricted Income
631,233
607,620
(i)
Restrleted Funds
Funds received which are earmarked by the Funder for specific purposes. Such purposes are within the
overall aims of the organisation.
(li) Unrestricted Funds
Funds which are expendable at the discretion of the company in furtherance of the aims of the charity.
In addition funds may be held in order to finance capital investm¢nt and working capitsl.
Page 8

Shantallow Community Resldents Association
Notes to the accounts
for tbe yeAr ended 31 March 2023
R&8ources Eipended
Unrestrieted
Funds
Restricted
Funds
Total
2023
Total
2022
Management & Administration
Shantallow Womens Group
Ballyarnett CSD
Yes Project
Teamwork expenses
Running Costs expenses
Escap¢ Project
Neighbourhood H¢alth Improvement
Youth Intervetion proj¢ct
Extended Schools project
Shantallow Mens Group
Spark Project
19,416
99,213
25,230
1,890
363,611
19,416
99,213
25,230
1,890
363,611
24,541
82,797
35,008
1.029
250,234
35,764
8.195
83,828
26,818
18.383
32.114
11,147
52,652
38,672
22,462
11.147
52,652
38.672
22,462
634.293
634,293
598.712
Iyet Incoming Resources
2023
2022
Net incoming resources has been arrived at after charging.
Accountancy fees
Depreciation
2,820
400
2,820
400
Number of employees
The average monthly numbers of employees during the year, calculated on the basis of full time
equivalents, w&s &4 follows..
2023
Number
14
2022
Number
14
Employees
2023
2022
Salaries and wages
218,348
169,444
Taxation
No charge to taxation is due as the ￿￿O¢iation has charitable status.
Page 9

Shantallow Communlty Residents Association
Not&8 th the aceounts
for the year ended 31 March 2023
Tangible a&sets
Motor
vehicle8
Equipment
Tolal
Cost
At l April 2022
21,968
4,900
26,868
At 31 March 2023
21,968
4,900
26,868
Depreciation
At l April 2022
Charge for the year
21,968
3,300
400
25.268
400
At 31 March 2023
21.968
3,700
25,668
Net book values
At 31 March 2023
1,200
1,200
At 31 March 2022
1,600
1,600
Debtors
2023
2022
Grants due
106,774
114,263
Current liabililie8
2023
2022
Bank loans and overdrafts
Otlier Creditors & defrrred Income
Accruals
63,311
7,971
69.213
40,148
25,575
53,828
140.495
119,551
Page 10