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2020-03-30-accounts

Ntrwry & Moume Cowoperativè Limited- Statsment of Financial Activitiès for thè ye?r ended 31 Mar¢h 2020 statement of Financial Pxtiwties (including the Income and Expertditure Account for the year ended 31 March 2020, as required bythe Cornpanies N£t 20061 Curr•nty•ar Currtntbtar Curyenty PrforYEar unosthcted ReStr￿￿d Funds FL¥idS Funds Funds 2420 2019 I￿(￿￿8 & Endowments ch¥ritabftr donabDnS Charibdble Income frtth lund#r¥ chaDtsbbtrd￿rO actfvl1￿B InvèabYnl irwm 25,000 268.707 541.894 2S,000 427,482 Y1,594 40.NO 3PA,878 561.U55 24 23 26 158,7T5 Tobl Income 5.601 1S$.7fS 994.376 985.933 Expendttuve EXpenthU￿ on ￿r¥it￿5 B18.S54 158,775 975,329 917.3 Yotst gxppndth4re 818.sy 158.fT5 975,329 917.3g6 Nèt in¢0m•forth•￿ar 19,04T 15.047 68,537 N•t Incomè gftèrtrkn$f•r¥ 19.047 19.047 68.S37 Net r￿5￿￿8￿¢ infunds 19.04T 19,047 68,￿7 ReE0n￿l￿tIOTr of fvnds-. TDlal fvnd5 brou9htfoTh¥ard 1.485 851.465 781892 ditiOT￿l loan capitsl 96 S6 TotalTndS ¢*rrf•dfoThvoTd 870.S48 870,548 1.4 A separate Stslement Df TDtsI G91￿an(l Lo$$ps tw)t ￿qUired 51alement ￿￿deS￿l iecogn15ed galns and kisses., All a¢￿￿ties deryve from continuing operations The n¢)tss attached on pages 19 onwards lorm an integral part of thÈstr accoun 10

Newry & Mournè Co-operatrve Limited - Ststement of Financial AetNltiès for the year Ènded 31 March 2020 Th8 notss attached on payE5 19 to 20 lorm an integral ptyrt of these accounts. Newry & Moumtr co￿PE1a1￿p Lirnited- Resources applled In the y6ar ond8d 31 IAarch 2020 towards ftxed assets for Charlty use... 2019 Funds gener*d in the yegr8s detsikd in the SOFA Resources sp￿￿d on fvnclional fLxed assets 19.Q47 1227,0581 66.537 N81 yes01￿CeS av#ilèble to fvnd charitable artivities 208,011 fj3.￿7 ThB notes attachAd on p398$ 19 to 20 fo￿ an Irrtegral part of those ac¢Dunts.

Newry & Mourne Coryoperative Llmltad - Ststement of Financlal Aetiviti*s for the year 9nded 31 March 2020 PlJovÈments Sn rèvenue and capital fund$ forthe yearended 31 March 2020 Rèvenue accumulated funds Funds 2020 Fund Ftsr TDtsI Funds 2019 2020 2Tr20 AccumulÈted fund5 brou9hl forward Additional loan G3Pital Reco9nis8d gans and bsses before trdnsfe15 851.465 3$ 851,465 782.892 36 19.047 19.047 68,S37 870.$48 870.548 B51,465 C1￿1n9 r￿TrUe￿ndS 870.548 851,4 12

Newry & Moume co￿peratiVe Llmlted- Statsment of Financial AetÉvities tor the year ended 31 Mareh 2020 Summary of funds Unrestrk4Èd Rwslrfct•d Tratai 2Q2D 2019 Loan capital Revenue accurn￿ated funds 35,01P 835,5 3S,019 835￿29 816.482 Tc*ial fttnds 870.54B 870.548 851,465 The notÈs attached on pagos 19 to 20 fom an Integral part ofthpse a￿OUnts. 13

Newry & Mourne Cowoperatlve Limited - Statement of Financial Activitiès for the year endèd 31 March 2020 Newry & Mourn8 Co-operatlv¢ Limitd Income and Expenditure A¢countfoT the ￿r ended 31 March 2020 3$ required bythÈ CompHni Act 2006 2D20 2019 com¢ IntsTh from op?rati￿5 994,378 9853 from inveslmpnts. oth8rthan int&r¢st rècewab Grpss income In theyèaT b&foTr ￿cePtIOnal Itew 954.376 9￿,938 Gross incom• in y•Jr including exceptkinal ttems 994.375 985,933 ExpnditLff Chsnbbk exp￿di￿￿. ￿e￿£￿tion and amrtts#t￿n De￿at￿Th arml amtythabon Qthtrtya￿ costs B63.766 106,113 804,906 107.790 4.700 Total expenditure in thp 975.329 917.398 N•¢in¢omÈ beloTe lax In theflnanc1al￿4r 19.047 68.53T on wrpbJ& on ord1r￿ry8cb￿b0S N•t incon afterfax In the financL41 y•ar 15.047 GB,537 Retalned surplLL8 lorthè financial year 19,047 68.￿7 All a￿vItIeS derfv¢ Ir¥m ¢ontinulng operatlons Th8 notss attachtrd on pagÈ& 19 to 20 to￿ an ¢ntryral part ol these a¢¢oumts. 14

Newry & Mourne Coryoperative Limit8d- Balance Sheet as at 31 March 2020 Notss 2020 2019 Fixed assets Tangible assets Inv8Stments 3,598,491 37.820 3,636,311 3,477,546 37,820 3,515.366 Current assets Debtors Cash at bank and in hand 335,641 141,621 4TT,262 312.432 202.474 514,906 C￿ditorS.. amounts falling due wlthln one year 10 408,198 408,981 Net current ass8ts 69.064 105,925 3,705,375 3.621.291 Total assets less current liabiliknes Creditors= amounts falling due after more than one year 12,834.82n 12,769,826) The totsl net assets ofthè eharty 870,548 851,465 The total net assets of thè charrty are funded by the funds of the charity. as follows:_ Restricted funds Unr8Strictgd Funds Loan capital Unr8stricted Revenue Funds 15 35,019 835,529 34,983 816,482 870,548 851.465 Designated Funds Total ¢harlty funds 870.548 851,465 Mrjohn Dlrector Approved bythe board of direGtor5 and authorised for Lssue on 14th De¢ember2020 The notes attached on pages 19 to 20 form an integral part of these accounts. 15

Newry & Moume Co•operative Limiled Notgs to th• Accounts lor the year ended 31 March 2020 1 AccDUntlng pollrlos Policies relati09 to the production Df the accounts. B•&s ofpTrp•r#tioTrandaGcoLmtinyconve)bon ThE ar￿UnIS have been prepared on thè a¢¢[￿5 bas￿5. UF￿er the historical cost CDnv8ntion, and in ac¢ordance wllh the Finanpial RepDrNng StsrLdard Iwd, leffecbve 1st January201618nd FRS 1D2 SORP IStstsm&nl of Recommended Practicè for A¢counling Re￿ting by Charibe512015 la5 am•￿￿￿ by the Bulbtin ISSU￿ ￿ Octobpr 20181 published by lh8 Charity Commwion in Nothern IrèLqnd ICCMII. ff9￿1Ve January 2016. SORP}, and In a#DrdaKp with all app￿(able in thariy3jufi$di¢boft ofwi%NtO PoliciÈ$ rolatiny tr categori8s of iThcorn? and Income recognition. AccounllngfordeftrYpdirt¢ome •rtdinrnerEceivedln aotrance Wtrre t&ms and r￿￿tir@ tD irwme h3ve not been met or urtrrtainty thsts as to vthetherthe chartycan r￿1 anytsms LY corvjitttins 01her4￿%il￿￿fi its wntrol. in(vne L4 not re￿n￿￿e￿ butis detsrrÈd as a Ikiltyuntil itis probable thattheterm5 orCo￿all0nS mpctsed ran ￿ met. A3W yPrtthai 18 subjecl to pErformanc242lated condth￿ in 8dvan¢e of gL%Jd5 aDd seMGes required by that cOn￿l￿On. or Is Subj￿ lo unmet whDlbJ OLrt8id& the rontrol of re￿p￿￿t Ghartiy, LS cwuntsJ for ss a fiobility and shoyffl on the b&￿nCe sheet a5 deferred incDme. Deferred intomè is ￿1$4$*￿ 10 jn(y)mp ID Ibe pemd in v4hiGh the performanctsrelaied DrolhÈi cOr￿l￿onS that limit are rnpL When I￿om￿ from a grantor dD￿atiC￿ has nDI recognised lo the wnOibDThS app￿n9 ttsth¥ yrft not Wny ltywlthn the control of the repaprenlcharfty. iti$ di$cto$ed a$ 8 contiwentasstl rfreceiptof thèwi ordonation is prob3Ne once thtsse tonditiDnsarÈ m￿. Whèretime ¢onclitiDThS are impo¥ed or impfied bya funder, then Ihe income isapwrbonÈd to thè bmè pèiK￿8 concerned.and. where applicaLqe. accounted for as a Wabilty and shown Dftthe baL4n¢e $Wlas dgfeTr8d incDme. WhEn gr￿ts are receivEd in athar￿ Dflhe expenditu￿ on adrityfLmd¢d bythem. butlh&r8 aty no 5pecffic timè rdated condibons. then the Income noldefer￿. Arycondibon that alkx¥s forlhe ￿￿verytsyth¢ donwofanyun&yrthd partofa orantd085 rn1 prnv2rt rewgntiion 91 the Inr%)me ¢orKenwl, buta lthiltylo 8ry r8payment is recopThsed w￿￿ repgyment be￿IneS proba￿e. 16

Nwry & Moumè CowopÈfatyve Llmjtetl Notes to the Accounts forthe year ended 31 March 2020 Tanyible r￿eda$Sets Tar￿tylè r￿d rneaaured altheroriginal (>)sl value. or5ubsequentrevÈluatiw, or rfdonated. as dè5crfbèd above. Costvaluè Ind￿ all expended in brirying theasset into its Intr￿e￿ y￿rkIng conthtiDn. DeprecHlwJn ha5 been plwded st tho rates in ordèr to writè off th? assels tD lthr antIa￿ted Dverlheir e5tsrnated useful Iwo$. L$8sehold Builthngs Fithres EqiNprMnl 2 % straight linè 1S % redurAro bafan A¢¢ountrn9 forcapit•lgrnftts&rydsl¥edassetftmds. &fi5 of t3rylblèf￿a assets orgrants of a c4pital nthre, 9lYen forlhe purp¢6a$ tsfacquiriw SPEryfic assets lo be fullytsbl$ed in the furtheran￿ oftheoblgcts of ¢h8Aty. tredittdto fixed BB5etfU￿S afterthe donatsd a8set r8ceiv oi surns have bÈ¢n prOp&tye>¥Or￿e￿ on the reslricted purpose. Where the tÈnm$ of the offtrequire thechartyto hold the asset on an tswoity basi¥ for a sperrfic purpose. bn the fixed assatfund so created is pAtegOri5￿ as a restDraed ffxÈd a35￿fu￿. a￿j the relevant restriclons arè Mt8d ￿ the fixed a55et note 8. Whprethe temsofthè gmt ar8 mgton¢8 tyoassat k¥ acquired. 30 allo¥mg the¢hartylo use the a8s8ton an unroth¢tsd ba$i%. Irt1￿1r1jtre r￿h1t0 r￿￿elh￿ proceeds of sal& of the asset on unreslricted b&sig. Intfixèd a￿tfu￿ Eo r￿ated ts categofised as a deyn#tsd fixed Essetfund. When a￿ts are AC(wir¢d fortrÈfuthrsrte Of￿ rhHnVs Dbjects, utilisirolhe charl￿$ m unrethcbd futvjs. transfèrl$ m8d¢ from vnresth¢t8d fundsto B de5ignBtedfL¥ed$ssel fLmd. Whelher acquired With unrestriclsd Dr ièslritied ￿n￿$. the asset acqLvred Is inlualty 8￿M In t￿ ts18n¢s $heei atthg Gosl of a￿￿￿On or$ubsequ6ntrtv¥lvabon. A$ thè iÈLt8J &%sets are depreciated. In accordan￿ d$pw¢iron wlity.iD lo rgffteGt the dIThun￿on In th& 8s59tA transfer Is made frorn relevantrL%Ad ¥ss*t fu￿￿t0 either unre5trictsd or restricled r￿￿nu& fund5, 88 approprK4tè tothe lèm$ of thg orig￿al if any. ev￿Ofth&S poiw ¥5 trHtttEab¥regate ofalltrd asselfunds sh8119ty8ie 10 the netbwk valu2 Dff￿ed 35sets. Debtors are MeasU￿j 8tth8Irre￿V￿raO1O amounts at the b3￿n￿sh￿tdat 17

Newry & Mourne CollOP?rabve ￿rnIted Note5 to the Accounts for the year ended 31 March 2020 Leasin9 andhirppurth&s•toxrtr8¢ts •ndcommitinents Assets he￿ ￿￿er ffinan￿ lease$ 8na hire PU￿h￿se coDtrdcts, which a￿ thDse sub51anbo1ty all the risks and rewards of ovrners￿p ofthe ￿et havtr p￿Ed to company. are raprfalised in SI￿et and deweclated over their USefi￿ Iroes. The eorrtsponding 1&ryse or hire purchase Obl￿9t1¢D is treated in the baPan￿ Sheet Es The 1nteresteTeffl￿I ofthe rent￿ 0)1￿81￿n$ i¥ ¢hatged to the bs5 3ccounloverthÈ pArir￿ ¢fth818a$t ènd represents a cDn5knt FKOPortW￿ of baanrB of capilal repaY￿￿ntS outstBnding. RentAls und8roperatiDg leases are charged to iTrC¥Jm&oTh a slr&ghk In$ bss ovtrlhp terrn. 2 Llability to taxation As a reglslered charfty. th¢ or9ar￿$$ty￿ is &xetnpl froTn irKome and corporation tsx kn th¢ extsnt that its incomo arxl gains arè applied towards thF charitablg objects of the chE￿tyar￿ forno otrLer purpo$¢. 3 Wlndln9 up or dls801ution Df the charity IfupDnvAnding up ￿ di¥dubon Of IF￿ charitythEre reman arya5set5, after thè salL4ts¢tson of all debts 8nd ￿abIll￿s. Ihè assets rew¥sented by thp xcumukled fund shall be trarsfrrred to $ome other ¢haritabl8 bothrf or bOd￿S havir¥J $lmikrDbpctslD the chwity. N¢t $urplus before tsx in thg flnanclal year 2019 TlJ• notsu￿lUstsorOrn tayln lhofftMn￿&lYw￿ststOdafterthary1j￿.." Depre￿￿10￿ Dfovmedfixed assets P6Dsw)n Costs AuditDrs' remuneration I￿,113 61.160 s.￿0 IOT.A) 59.375 4.7 5 Slaff costs and ernoluments SalArycosts 2D19 Gross Salariès exowing dirÉctrJr8 Emptyf5 operabny rthts ofdefined conmbulon Pe￿1￿ sctrw 428,087 61.160 398, 59,375 Total 5alllries.wayes and reknted costs 489.247 457.960 Nerfherthe di￿¢10￿ ror aDYp8rSor￿ wnn8eted ¥¥hh them havè ￿rem￿eratiOnfrOrn thè charityor any relatod enbty. ed￿rin tha trJNent¢Yprioryear. 18

Newry & MoumE Copoperative Limited Notes to the Accounts for the year ended 31 March 2020 ￿nt￿bin[(sn p6D$ion sch?nRs Thtr ¢haiityowf8tes a defined contribubon pertsh)n xhem&. Il costs are sho￿￿ Bbove. 7 Remunerdtion and payments to Dire¢tors and persons connected with thern NO tsust88¥ orpotson5 mTrnecIed￿1th them rece￿ anyr4mLbiernloTrfrom tho ¢h¥rity. oranyrdAtsd enlty. Tanglblp fixAda%s&t Land and Fixluves & Buildings EquiprneTht Total Co$t At 1 April 2019 Athilion5 5.418299 227.￿8 261.712 680.111 227,058 At31 March2D20 S.￿.457 261.712 5,907.1S9 Depr¢¢iatlon Al 1 April 2019 Chgroefrthe year 1,S94,435 99,44D 20B,130 1202,565 106,113 At 3f M*r¢h 202 2.093.875 214.8D3 2,3D8,678 N•t book Yalufr At31 Morch 2020 At31 MBich 2019 3.551.582 3.423,>54 46,909 53.582 3.598,4$1 3.477.546 19

Newry & Mourn? Colloperative Llmltfrd Notes to the Accounts for the year ended 31 March 2020 202D 2019 Trad& d8btors AmDunl dug from $uWduary erotsbto 161.632 71,131 102,878 144.453 70,861 97.116 5.641 312,432 ID Credltors: Amounts ts1Ong dupwithin onEypar 2020 2019 k ID￿￿ and0ve￿ra￿S Trade orethtors Ac£wa15 PAYE. NIC VAT at¥J othertHXBS 56,040 121,18D 220,473 10.9)5 37,200 43,845 291,441 36.495 408,198 408.981 11 ¢r*dittTrit amDuntsfaning due afterone y 2020 2019 Bank knans and overdrafts C•pW re$$Dts$ rsh1￿9 10 9rants 253.893 2￿B0,934 248.194 2.521.832 2,834.827 2.769.826 f2 Loan$ to In¢￿[[0d in d•btors ThereAre no108rts b) dlwtor¥ I￿￿de£l in 08blOFS. 13 Guarantees made by the ch&rSty on b¢h•fiof dir¢¢tors T￿aT• no ou&rnntaes mude tythè chArtyon dir¥brs. 14 ¢ontlng9nt Ilab114Ue5 Th?(J)mpany h¥¥ Db￿gahQTr5 under standard termsof a5515taTr￿ to repayarnDunts retsfved as eApital grant5, In I￿•￿nI Df brèaeh Dfor nO￿￿￿￿9n¢￿ wryth co￿111¢￿$ oftheaorepmènt. 15 Loan capltal 202D 2fy19 35.019 35.019 34,983

& Moume Co<peratNe Limited Notes to the A¢¢ounts for the year ended 31 March 2020 16 Intome and Expenditure accountsummary 2Q2Q 2019 At 1 April 2D19 Surplu& after ia¥fDrlh&year 816,482 19,D47 747.945 68,537 At 31 Ilarth 2020 816.482 17 PoBt sh90t￿On￿ Theretre no events ￿an[e stroetdatevthich Y￿L￿d neces$ilate & ¢hange in lh* ¥bovq 1B PartIEu￿r￿athJWyr1cUbrlUTr￿JrIr9VpSen￿d byassets and 1kbl1￿$ At31 March 2020 Unrpstrthd Dqs19nated Restrlcted lunds rLds Total Fund5 Tangibb Fixed Assais Inve8bMents CurrentAssets Current LaabOiti88 Long Term LiBbi1th5 3,S98,491 37.820 47T.262 1408,19B P￿34,62￿ 3,59BNgf 37.820 47r.2V 14Q$,1981 (1￿34827) 870,&IB 870.548 At f April 2019 Total funth fund Funts Ta￿1b￿ A55els InveÈtTnents CutreDIA￿ts CurrÈnl LE8till￿& Lor& Tem ￿8b]Ith￿S 3h7T.546 37￿20 $14.906 14118.9811 (2.769,8261 3A77,$46 37A2D SI4.￿6 1408,W81} (2.769.626) 851.465 851.465 21

Newry& Moume CO￿PeratIve Llmlted Notes to thè Accourts forthe yÈar ended 31 March 2020 19 Change in ttstslfun&5 LWthEJwrJs hLwm In Nots 10.aHatystd bylndfvktyalft¢nds Fundl bmugkt forw?￿fr¢rn 2019 F￿Trds ¢arrfgd ltsrward ttr 2021 funts sn 2020 Jan SeeNDts 20 Seelth O Unre5trKted￿￿de5I￿nétedfvn(ts... Unre5tr1cted revenuèfund$ 851N65 19,D4f B70,548 Totsl unrestrlct•dand dk51gnat•d lund$ 851.465 19,047 36 870,548 Totl¢harttyfvnd5 851,V24 19,047 3S 870548 20 An&ty5￿ 0fm0￿￿nts in fvnd$ ovgrtht ￿ar a$shown in Nots 19 other Expend¢ture GalThs & LD55QS Incojne ovemenl fLrnd$ 2020 2020 2020 unr051rf￿an￿deS1gnat£dfvn￿x". Unresirthd rBvenupfunds 835,601 18145541 19.047 864.408 19.047 21 The purposesforwhtch thefundsas dela1￿ 19 ** h¢ld bytho¢h•rity •r•.'. Unrn$irf¢tsdnddoslyMtedfunds.". Thpstrfund5 a￿ heldorlhe mpellng the obje6#ives Df the charity. and to provide reservesforfulU￿ adtvitie5, 8nd, S￿bie¢tto charfty legi%btiOn, are free from 41 resthcborts on trwrus6. Unresth¢ied reVen￿l￿nd* Re5trf¢tedfvnds.'. Reslrl¢W lThcome ftmd$ arelo be $pentOrappli￿Wrtknn a re8$0nabl& P$ric￿ fromth0irrthptbfLrtt￿ a specific PLrpose ofth2 tharity. Reslricledfixod aSsetfL￿dS

Newry & Moume Coaoperative Limitsd Detailed anatysis of Income and expenditure for thè year ended 31 March 2020 as rèquired by the SORP 2015 This analysis is classsifiedby ¢onvenfional nominal descnption$ ?ndnotbyacUvlty. 2Z Donations and Legaciès Current year eurret year Unrestricted RestriclÈd Funds Fund5 2020 Currpntyewr Total Funds PrfoTYear Totsl Funds 2Q2ti 2020 2019 Donatlons and gtfts from indlvidual$ Charitable DOnat￿n 25.000 25.000 40.0(K) Totsldtsnation5 andgifts frorn Indlvlduals 25,orM) 25.000 40,000 Total Donations and LegacEes 25,000 25,000 40.000 23 Incomè frnm eharitable ad1vIt￿$ - Tradlng Actmttes Currènty•at unrèstr￿trd Ftsnds Currellt￿r RktriEtsd Fund5 currenl Total Funds PrforY•ar Fun 2020 2020 2019 Prfmary purpose and ancillarytrading offi￿ Serrfir*s 3.862 430,397 42,000 64.858 777 3,862 430.397 42.DOO 64,858 777 5,881 409,194 42.000 64,858 39,142 Letbng of propety for charitable purposes Property management AmoFtisation ofgranls Consultancy income TtsralPrimarypu￿Q5e aml 8nclllarytr8dlnq 541,894 541,894 561.05S 24 Charitablè inctsme from fttnders Ctsrr¢ntyÈ4r CurTrntyw cUr￿n1Year ilnrvstrTrtsd Rvjtrirted Total Funds Fvnds Funds Pripryear Tolal Funds 20 2020 202Tr 2019 Contractual paymènts from pubtic bodrès tts fuhd charitable acttvilies P8yments ￿¢eWe(l from funde 268.707 158.775 3M87 384,878 rolalcontraelualpayrnents fn)m pv)Il¢ bodl¢s 268,707 158.775 384.878 384.878 Total Ghaiytable ine¢)m• from ful￿￿$ 268.707 158.775 384.878 384.878 23

Newry & Mourne Co.operalive Limited Detailed anatysis of income and expenditure for the year ended 31 March 2020 as required by th8 SORP 2015 25 Total In¢orne from charltsble actlvities Current y￿r Currenthwr Unrestricttd Restricted Funds Fundg uYy¢nty6•r Total Funds PrioTYMT Totsl Funds 202 202 2020 2D19 Total income from charitabl? trading Total Charitabie irmme from funders 541.894 268,707 541.B94 3848n 561,055 384,878 158,775 Totslfrom ch4ritabl8 actlYlt185 810.601 158,775 926,772 9￿.933 26 Investment Incomp CuwrEnt year CuTrtnt ￿r Unrestrlcted Resthcted Fund5 Ftsndg Currentyear fotsl Fun(* Prioryw Totsl Fund5 2020 202D 2U20 2019 DNidÈnd Incom& Total inv•stnwntineomÈ 27 Exponditur• on charitabl8 actIvi￿￿￿- Direct Sper￿1n9 Currnnt y•ar Cutt•ntytrar Unrpstrictsd Restricted Fund5 Furtds Ctsrrgntyp4r Totsl Funds PrlorYeaT Totsl Fu￿$ 2020 202D 2020 2019 Gross wages and salaries- Charitab￿ activitles Defined contribution pension costs - charitsble activitiès Travel and Subsistence- Charitable ActNities Marketing and advertsing of charttable services Stsff Training Prograrnme costs 319,809 108,278 4128,D87 398,585 61,160 1,Y03 631 818 44.115 61.160 1,703 631 818 94,612 59.375 1,981 1,759 50.497 71.846 Total directspending 428,236 158,775 587,011 533.546 24

Newry & Mourne co￿perative Limited Detsiled analysis of income and expenditure for the year ended 31 PAareh 2020 as ￿quiTed by the SORP 2015 28 Support costs for eharitablè activities Curr¢ntyur itnrestrirted Fund5 2020 C¥rr¢ffty¢•r Restricted Funds 2020 ¢urr¥tyty¥ar Total FuTrds PwiDrYoJr Tolal Fund5 202Q 2019 Premlses Expenses Rent and rates Light heat and rx)wer Premises repairs, rèn&wals arwj Property insurance Other Insuranc8 Depreciation 6.551 27.110 91,561 15,601 3,001 6,551 27.110 91.561 15.601 3,001 16261 25,264 76.688 15,317 3,016 Administratlye overhearts Telephone, fax and intemet Stats"onery and prinkn"w Sundry expenses Exchange drfferen cOnferen￿S and seminars Property Management costs Provision for bad debts 8,363 13,058 10.$83 95 10.484 8,935 3.089 8.363 13,058 10,583 95 10,484 8.93S 3.089 8,398 14,430 7.758 527 9.486 11.853 15.8851 Profèssionalf80s paid to advisots othèr than the auditoror exèminer Consultancy fees 65,428 Management fees 3,515 65.428 3.515 87,273 4,054 Financial costs Bank charges Depreciation & Amorltsation in total for the PèTV)d 9,381 106,113 9.381 106,113 12,307 107,290 Support costs before reallocatlon 382,868 3B2,B68 3f9.150 Total support costs 382,868 382,B68 379,150 The basis of allocalon of costs beN4B8n acOvitt8s is described under accounting pollaes 29 Othèr Exp&nditur•- Gowmancè costs Currentyear Unrestrlcted Fvn Z020 CurTentyear Restrictsd Funts 2020 cu￿￿Tr¢yEar Ttsil Fund Prforyear Toial Funds 2020 2019 Audittirfs fees 5.450 5,45D 4.700 25

Newry & Mourne Coryoperatlve Limited Detailed analysis of income and expenditure for the year ended 31 March 2020 as rÈquirÈd by the SORP 2015 30 Total Charltablè •xpendi￿re CurTentyeor UrwpstrKted F￿ndS 2020 Currentyear Restricted Funds 2020 Curr¢nty*ar Total Funds rotsl Funds 2020 2Q19 Totsl direct spendi Total support costs Totsl Govemancè costs 428.236 382,868 5.4SO 158.775 S87.011 382.868 5.450 533.546 379.150 4,7DO Total charitable expenditure 816.554 158,n5 975,329 917,396 26