Shgatqllow Commonity Resldents Asso¢lRtlon
Accounts
for Iho y¢Ar ended 31 MAr¢h 2024

Shanlalknw Communtty Residents As8oci#tv)M
Cont¢nts
Inforn￿tioa
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
B￿ker4
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 tn￿teeS 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 da￿S 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 A￿JOr 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 $ubjeGt
to satisfactory funding aATangemen
ststem¢nt oftrusteu'respon8lbilitits
The trustees are responsible for preparing the annuAI report and the financial statetDents In acwdance with
applicable Jaw and United Kingdom Generally Accepted Accounting Prdctlce.
The law applicable to charities in Northern Ircland [cqui￿5 th¢ trustccs to prepare f￿ancial slal¢ments for each
rinancial ￿ar that give a true and fair view of the stste of the atrairs of the charity at the end of the fmancial year
and of its sutplus or deficit for the financial year. In doing so the trustees are required to:
- ￿lect suitable accounting policies and appty them consistently.
- observe the method$ 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 de￿tion of fraud and other irregularities.
A rcsolution will be prOp0￿d 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.
Res￿live respoDsibi111Ses of eharity ¢ommlttee members and exAmin¢r
As the charitys members you are responsible for the preparation of the &t￿llnts 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 conun1￿10ll 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 requI￿d 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¢ ac￿unting 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 dI￿106￿r¢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 k￿t 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 Chart￿ed
Accountants Ireland which i8 one of the listed bodies.
We have compl¢kd our examination and hav¢ no concerns IA reSp￿t 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 a￿ets leffs ell￿ent
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 p￿ViOUS 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 depr￿l￿tiOn.
Depreciation is providcd at rates calculated to write off the cost or valuation Icss residual value of each
asset over its ¢X￿teA1 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 r￿e1Ved during the year.
1.4. EipeDdlture
(Ii DIr￿t Charitabl¢ Expenditure
This rep￿Sents all expenditure direGtJy attributabl¢ to charitabk call8¢s.
{ii) Man￿em¢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
Notɥ 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 ReSid￿ts A￿latIOn
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 Ma￿h 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