Shgatqllow Commonity Resldents Asso¢lRtlon Accounts for Iho y¢Ar ended 31 MAr¢h 2024
Shanlalknw Communtty Residents As8oci#tv)M Cont¢nts Inforntioa Trusttts, Report Independent Examlners Report ststement of Financial Activiti¢$ Balaoce Sheet Not¢s to the Financial Activitie8 7-10
Shaxtsllow Community Residents Aswiitio IDforniation Aeeountants McGroarty Mccafferty & Company LAd Accountants & Tax Consult9nts 2 Carlisle T¢rrace Derry BT48 6JX Buslne88 addre8S 38 Druml¢¢k Diiv¢ Shantallow D¢rry N Ireland BT48 8EN Bker4 AIB( Meadowbank Derry BT48 7Tr1 Charity Truste Patrick Whits (Chairperson) Gary M¢fadd¢n Patrkla Patto2 (Secr¢tary) Stella Mccauley Rosemary Hill¢n ChArAty Numbor NIC101810 XRJ1543 Page I
Shanlallow Community Re8kleDts Assodatloll Trusleels Report The tnteeS present tbeir report and the financial statements for the year ended 31 March 2024. Prlnclpal activity The Association is established to promots the benefit of the inhabilants of the area without distinction of age. sex, rnG¢, or of political. religious or other Opinio by associating the said inhabitants and slatutory authorities,voluntary and other organisations in a common effort to reli¢ve poverty, sickness, and distres4 to relieve the disabled, to advan cducation, to preserve and to protect health and to provid¢ facilities in the interest of social welfarc for r¢or¢ation and lei5ure-tim¢ occupation with the object of improving the conditions of life for the said inhabitants. Aehievem¢nl8 & Outputs Provid¢ support to six local community groups. CommuThity Relations: 6329 people parti¢iPdted An community bondin relations projects during thi5 Perio Communty Safrty: 3280 people supported through Crime Prevention Initiatives. Volunteer Opportunities: 198 people were involved in volunteering a¢tiviti¢s. Youth Interventions: 770 young people beneflttlng from youth Interv¢ntion and p¢zsonal development pro8rammes. Health Initiativ¢s: 2733 people benefitted frtsm Health Intervention Servlces. Trustees and their intorosts The trustees of lh¢ charity for the purposes of charity law and thrnughout this r¢port arc collcGlivcty teferred to as the trustees. Th¢ InwtC serving during the year and since the year end were as fOlkn. Plltrick Wbits Gary McFadden Patricia Patton (Se¢r¢tary) Stella Mccauley (Committee Memb¢r) Roscmary Hillen (Committee Member) (Chairp¢r8on) GoverolDg Documont Tb¢ or8aDisation is an unincorporated Association with chaTitsble status. The Association was established und¢r a Constilution which outlined the area of benefit and Ihe objects of the ch&itable organisation and 15 governed under its Constilution. Recrukment and appolntm¢nt ofthe management ¢ommlttee The management commtttee Df the Association consists of six members and shall meet at least nine time$ a year. The members of the management cornmittee shall have the power to apEK)int any metnber of the Association to be a member of thc management committee, either to flll a ca8ual vacancy or &8 an addition to the existing membets. Any mernb¢r may withdraw from the Association at any time 8iving at le&8t fourteen daS notirx to the As50ciatio Page 2
Sbantallov Community Resld¢mts Assoclation Rlsk M&llAgement The trustees have 8sMsed th¢ major rigks to whieh the ociatIon is expose4 in parti¢ular those rel*ed to th¢ operations and finaTh¢es of the assc¢iation. and are satisfied tlydt systems are in pla¢¢ to mitigate the exposure to the AJOr risks. Fin2nei41 rèview The Managemeiit Committec is ¢mpow¢r¢d to receiv¢ money in the form of subscriptions, grants and donations and to raisc money by otller lawful means. All money raised for the Association shall b¢ used lo furth¢r th¢ objectives of the A&gociatAoll 2nd for no other purpose. Plans for Futurn PerlodA The association plans to continue to develop on the activities as outlined above in the forthcoming years $ubjeGt to satisfactory funding aATangemen ststem¢nt oftrusteu'respon8lbilitits The trustees are responsible for preparing the annuAI report and the financial statetDents In acwdance with applicable Jaw and United Kingdom Generally Accepted Accounting Prdctlce. The law applicable to charities in Northern Ircland [cqui5 th¢ trustccs to prepare fancial slal¢ments for each rinancial ar that give a true and fair view of the stste of the atrairs of the charity at the end of the fmancial year and of its sutplus or deficit for the financial year. In doing so the trustees are required to: - lect suitable accounting policies and appty them consistently. - observe the method$ and principles in the Charities SORP 2019: - make judgements and estimates that Are reasonabla and prudent. - state wbether applicable ac¢ountin8 Standards have been followed. subject to any matsrial departures di8c106ed and explained in the fmancial statements: - prepare Ilie fInan¢i statem¢nts on the going ¢oncern basis unless it is in4Jpropriatp to pi¢sume that the clwity will Continue in operalion. The trustees are responsible for mainlaining propgr accounting records which disclose with rea8onabl¢ accuracy at any time the financia] position of the charity and enabl¢s them to ensur¢ that the financial statements compty with the Charities Act (Northern Iraland) 2008.The trustees are also responsible for safeguarding thB Sets of th¢ chaTity and h¢n for taking rc8sonablc sleps for the prcvention and detion of fraud and other irregularities. A rcsolution will be prOp0d at thp Annual G¢neral M¢¢ting that M¢Groarty Mccafftrty & Company Ltd be re•appoiiitcd as Indcpcndent Examincrs to th¢ Gharity for the ensuing year. On lthlf of the b02rd Slgned: Slgned: Date.. 12 /11/2 L/ Dalo: 121,IN- Page 3
Sh2ntAllow Community Resfidents Association Independent Examln¢Vs report io tbt ehirity committee members of Shantallow Communlty Resldents Association We report on Ihe accounts of the charity for Ihe year ended 31 March 2023. which we set out on pages 5 - 10. Reslive respoDsibi111Ses of eharity ¢ommlttee members and exAmin¢r As the charitys members you are responsible for the preparation of the &tllnts in accordance with the Charitie5 Act Oqorthern Ireland) 2008. It is our ffsponslbility to: - examine the a¢¢ounts under Section 65 of Ilie Charities Act. - follow the wcedur¢s laid down in the general Directions given by the conun110ll under Section 65(9) (b) of the Charities Act" - state whether particular matters have com¢ to our attention. B256J of lodependent exAminÉr's report We Iiave ex8Jnined your cliarity accounts as requId under Section 65 of the Charities Act and our examination wks carried out in 4ccordancc witb the gcneral Directions gr¥en by th¢ Charity Commission for Northern Ireland under Se¢tioft 65 (9)(b) of the Cljarities Act. Our ¢xamination inGluded a revlew of th¢ acunting Tecords k¢pt by the charity and a comparison of the accounts presented with thos¢ records. It also in¢lud¢d considerations of any unusual items or dI106r¢s In the accounts. and seeking explanation from you Bs ¢h8Tity members concernin8 ally sucb m&llcr& Our role is to stste wkther any materiAI matters hav¢ come to our attcDtton giving us oau8e to believe: I. That a¢¢ounling rewrds were not kt in accordance with Section 63 of th¢ CharAties Act. 2. That the arxounts do not accord with those accountin2 re&)rds, 3, That thc accoutits do llot comply with the a¢counting requirements of the Charftles Act. 4. That there is further inforniation n¢eded for a proper undeTrtanding of th¢ a¢wuots to be reached. Independent Examlnevs Statement As the Charitys gross incom¢ ¢xceeded £250.000 the examiner must be a member of a listed body. We can confmn that w¢ are qualifi¢d to undertake th¢ examlnation as we are a ryistered member of Charted Accountants Ireland which i8 one of the listed bodies. We have compl¢kd our examination and hav¢ no concerns IA reSpt of the matters 1- 4 listed above 8niL in Connection with the following Dirrttions of the Charity Commission Northern Ireland; wc havc found no matt¢rs that require drawing to your attention. McGroArty Mccaffe & Company Accountants Tax Consullants 2 Carlisle Terraee Derry F4 Xrdand r48& Dste: Paze 4
Sh2llt211ow Commllnity Rostdonts Assodatlon StalemeDt of Flnanclal Aelfvttles for the yeAr ended 31 March 2024 Unrestrlcted Fllnds Restrfcied Funds 2023 Income and Exp¢ndltsre Incoming Resourtt8 Grants & Sundry Income Tof21 IncoThlmg Resourtts 684,083 684,083 631,233 684,083 684,083 63 1.233 Re8oMr¢r8 Expended Managernent & Adnjinistration 638,651 638,651 634,293 Total Resouree8 fApended 638,651 638,651 634293 Net Iwoming l (Oulgoin¥) Ruour¢e 45,432 45.432 (3,060) Balance8 brnugbt forward l April 2023 32.002 32.002 35.062 Balances G8rri¢d forward 3 J March 2024 77,433 77.433 32.002 The above amounts relate to continuing operations of the associ8ti0n. The group h&% no re¢ognised gains and losses olher than those Included in th¢ results tbove and therefore no separnte statement of total recognised gains and losses h&$ been presented. Ther¢ is no diff¢tence betrween the nct in¢omiog resources for the year stated above and their histLYicaJ Cost ¢quival¢ots. Page 5
ShADthllow Communlty Residents A$8oclalloD Balance shoet As at 31 Marcb 2024 2024 2023 Notes Fixed assets Tangible assets 47,100 1.200 Current Assets Debtors Cash at bank and In hand 13l,849 54,122 106,774 64,520 185,971 171294 CurreDt Jlabllllks Bank loarL8 and overdrafts Other creditors Accru$ 43.755 2.972 108,914 155,641 633ll 7971 69.213 140,495 Iyet current 30,330 30.799 TolAI aets leffs ellent Ilabllttles 77.433 31002 Funds UnT&stricted RestrI¢d 77.433 32.002 77.433 310fy2 Member Member /z //i/i Date: Page 6
Shantallow Community Residents Asso¢iation Noles to the 2t¢OUDts for the yeor ended 31 Mar¢h 2024 Aecounting policies The priiicipal accounting policics adoptcd in the pr¢parntion of thc fynanrial 5tatern¢nts Are set out below and have remained unchang¢d from tIK pViOUS yCAr. and also have been ¢onsistently applied within thp same accounts. 1.1. Aceounting convention The accounts are prepared undw the histori] cost wnv¢ntion modificd wh¢n necessary, and in compliance with th¢ Charilies SORP (FRS 102). 1.2. Tangibk fixed assets aDd depreclAllon Tangible fixed &8sets are stated At cost less deprltiOn. Depreciation is providcd at rates calculated to write off the cost or valuation Icss residual value of each asset over its ¢XteA1 useful life, as follows: Equipment Motor vehicles IO% Slyaight LiThe 25% Strai8ht Lin¢ 1.3. lllcom• (i) Grants Grants represents all amounts received and receivable durlng the year. Capital grants are released to the profit and loss account io the yehr in which they are r¢ceiv•a in line with the Charities SORP (FRS 102). R¢vcnu¢ grants are credlted lo the Statement of Financial Artivitiu in the year they are r¢1ved. (li) Donations & admlnlstration Incom¢. This mpriSeS amouiits re1Ved during the year. 1.4. EipeDdlture (Ii DIrt Charitabl¢ Expenditure This repSents all expenditure direGtJy attributabl¢ to charitabk call8¢s. {ii) Manem¢nI & Administralion This includes all other expenditure not directty allocat abovc and a portion of th¢ overh¢ad costs attributable to mAnA8ement Jnd minIStration.
Shantsllow CommuRIty Resldents As8oelallo Not&8 to the aeeounls for the year ended 31 Mgreb 2024 Ineome 2D24 2023 Restrlcted ID¢ome Apex WHS EA- Region The Clothworkers Foundation tkpatknent for Communities Ballyarnett Comm Safety & Develop Derry Healthy Citic5 PHA ele8r Project Ballyarnett Empowering Women D¢ny City and Strabane District Council GSAPIDENI project Comrnunlty Foundation Nl Proj¢¢t Income Youthwoyk Alliance Nl Houslng Bxecutive 8.250 37.103 30,895 44.000 141J13 78.041 7,028 3.960 51.008 59.307 3J.443 11,000 37.517 10.826 109,437 101,637 5,438 38,672 67,637 37,300 10.700 174.934 23,015 3,120 176,580 8.000 7.155 684,083 631233 Unrestrleleo Income 684,083 631,233 (fj RtstrReled Funds Funds received which ar¢ earnlarked by th? Funder for specific purposes. Sueb purposes are wlthin the overall aims of the organisation. UnreJlii¢ted FuDds which are exp¢ndabl¢ at the disGr¢tion of the Gompany in furth¢(8nce of the ainL5 of the cbarity. In addition funds may be held in order to fuMn¢e ¢apllal investment and working capital. Page 8
Shantallow Community Rejldents A%sociAtioll NotÉ¥ lo the aeeount8 for the year ended 31 Mareh 2024 Resources Expoftded Unrestrleted Funds Restrlcted Funds Tot21 2024 Total 2023 Management & AdmiDistrAtion Shantallow Wornens Gmup Ballyarnett CSD Yes Project Teamwork ¢xp¢nses Running Costs expenses N¢ighbothood Health Impiov¢m¢nt Youth Interyetion project Ext¢ndcd Schools project Shantallow Mens Group 6,550 78254 30.383 1265 392J91 20.662 46.664 50.460 11022 6.550 78,254 30,383 1,265 392,391 20,662 46.664 50.460 12.022 19.416 99.211 25.230 1.890 363.611 11.147 52,652 38.672 22,460 638.651 638,651 634.293 Net In¢omlng Resonrees 21)23 Ne1 incomlng resources l)&8 been arrived at aftercharging. AGcountancy fe¢s Depttciation 2.820 300 2.820 400 Plumber ofemployees The average rnonthly nurnbers of employees during the year* catculated on the basis of fvll time ¢quivalents, was as follows: 2024 Number 15 2023 Numb¢r 14 Employees 2023 Salarles aTrd wages 224,281 218,348 Taxation No ¢harg¢ to taxation Is due &5 the &0¢latIOn has charitabl¢ statUS. Page 9
ShaDtaUow Community ReSidts AlatIOn Notes to the ateoullts for the year ¢llded 31 MArth 2024 TaDgibl¢ 8sJets Molor vehleles Equipment Tolal Cost At l April 2023 Additions 21.968 2,640 4.900 43.560 26,868 46.200 At 31 Marcl) 2024 24,608 48,460 73.068 Depreclallon At l April 2023 Cbarge for the yc 21,968 3,700 300 25,668 300 At 31 March 2024 21.968 25,968 Net bookvAIuo& At 31 March 2024 2,640 44,460 47.100 At 31 Mah 21n3 1.200 1200 Dobtor 2024 Grants due 131.849 106,774 Cumnt IlablHlles 2024 21ll3 Bank loans and overdrafts Other Creditors & deferr¢d InMm¢ Acctuals 43,755 2.972 108,914 63.311 7,971 69,213 155,641 140,495 Page 10