Company Registration Number- N1020058
The Charity Registration Number is .
NIC102246
Newry & Mourne Co-operative Limited
Report and Accounts
31 March 2020

Newry & Moume Co-operative Limited
Report and a¢counts for the pèriod ended 31st Mar¢h 2020
Contents
Page
Board of directoi's Annual Report
Independent auditors. report
Funds Statements.'_
statement of Flnancial Activities
ststement of total re¢Dgnised gains and losses
Movements in funds
Income and expenditure account
8-9
10-11
12
13
14
Balance sheet
Notes to the accounts
15
16-26

Npwry & Mourn? Co-oper&tivÈ Dmited
R•gjstered C¢mPAny Thum￿r..- NI2DQ5B
Directors. Annual Report forth8 yOaT ended 31 March 2020
Tho Dlieciots pIpsollt th￿r Report9 And fDr yew eThled 31$1 March 2020. ￿ch
also compri$es th& DIr8C￿ Rpport.
Reftrrence and admlnb8trative detsils
Cwperaove oporates in tr•land and 15 rnpiyteredwth Charity
C¢mm155knn Northani lrnland. rtyi$trèlon nutnb8rNIC102246
Mwme CooperAtNe LitnilEd i54 wpanyllmited byguarAntè•.
Enlerprku House
WN B￿￿$8 Park
Can21 Quty
Newry
Co. D¢Avn
8T35 6PH
JDth Mac11atr￿n
RoThan D¥￿Y
HLV
OWHY
Kevin WOI
GDthnCoffti
Fr4nkThDr
Th• dif4dorssYho sarygd as Olrectots In RpDthn9 PUriDd￿r¢ abovo.

Newry & Mourn¢ Co-operatlve Limi¢ed
R￿g￿tsred ¢ompAny numb8r.'- Nt2005B
D1￿CtOrs. Amnual Report forth& year ended 31 Mar¢h 2020
Objects and a¢Uviiies of the charlty
T￿epU￿OSeS ofth? thayTtyasset Dutin itsgovernlng documèrt
Nèwry& Gwperalbts tsffeT5 avarietyoflndusliial and tsffic@ ￿￿ts fDr renton tsvourabl•
tèrrn9 8tth8 main WIN Buslness Patk and In Bu51np$5 Pèrkg Iixatsd iThWarnnpolnL
Kilk￿1 and Fo￿bill. A rat¥J8 of Offi¢8 SeryKks can bB provid?d lo both business
and communityand voluntaryorpanlsatlons and number ol¢onlerènce. me¥ting training
oms arEaV8il8b￿ foi hi￿. Advi%Oty%uppDrtfurthB unemploygd. PryJSP9dve
Èntrppreneurs end SMES is &vailable.
ThB C￿p￿r#￿e offern 2 Mn92 ofbusin?ss $lart-up. buSiThtrSS and Innoval￿n
In¢ludlng 8usithS$ Skt-up, Ent•iprts•. Bus￿)￿*$ tsThth. thg Social
Entreprgneurshlp PrOgmMMèa￿ th@ EU Lgonardo and Erasmus Plu8translUoro1 SMEar
IgheredupAtiDn InnDvallon aDd Employability￿178Thtté ProgratnmBs. These PTtyr8mM+* st
$upplem&ntsd tybuSinESS dinics. advicè 2Trd mentOringTr assi%tancewEth work P￿CeMenLI an
opportunhifrg tD nètwofkwth Dth8rbus￿7?SS DvmeTS. ThE Co-opEralive B*o manages tWD
pmgtsrnmes-WOrk4Uplus Educaloo ty EmpknÈnt-foryouThg Peop￿ who endure
a¢kn￿ty1n theifiivÈS and4r@ w￿ldered"911￿k.O1bÈe￿nI[Y dis2ngagpd from edutr4bOn.
?mpbyment and tra￿TrIng. ¢TrDperdli¥e eoniributeslo d￿&bPm$￿t ot both ￿ntral
ar￿ wvettment le￿19nd sponsord acbvibesooani%d bypytri wmmuntyassoc&?bors
and othèr NGOS_
e main attivrfies undertaken inrelatton lo tlwe purposes duriny thèyoar.
rw overnding Obje￿Ne Df Newryand Mourne ¢0￿pe￿b¥e ￿rnited isto wotk forthe bpnefiiol
IDcal Community. Ltmpanypn)vides both progrèmmes qvalitytscilibe$ for Ihe use
of ?11 sgcknorts olsM&tytrom PrÈ-sthoDI. school age. wung adults. pensionBrs. the business
comrnunity. Soc4el ecofttsmys2thra￿ IhDse involved In thè arL¥*tsr.
Current PrDgrammes and ugersoflhetsci￿fy Inclthle:.
I. SDcpal EconomyProgrydmme- Thi5 progtamm&w¢rtsw5th a ian9801group8Mrythln
th2 econornysector. kprowde5 a range of ￿lneSS5￿PPOrtènd ÈSSiStsnt8 to
nmunitygroup510 becomè more ¥8W-SU￿¥lnlty end commeruAI￿ aware. m￿Yof the groups
Dn thé pwramm* V￿m9*￿￿￿WorkIllg￿1th thild￿. per￿￿￿e￿%.￿Os8 ¥uffEnng from
¢epressionorm•ntsi hèalth i%suas. Some uflhp groups Will ètso th¥ a5
CeDtred Soul. finwle and th@ R8mry¢ollege.
2. EducalKm its ErnploirynpntPFDgrnmme-ThiS progr2mmÈ wofkgwilh ￿￿31 PrI￿ryand
s￿ond&ry$￿)￿￿ in thE NBishbouthNd Ren*A arta. Itprovid85 computerwogRmme skil*.
rweersfalr9 andwotkp*8mgnts br pupS1s to he￿ Inftsrm thpirdecl5￿ on a fvknrecareei.
3. Work4V ProgrdMm*-Thi5 pwrnmm? wortsvdith scknl ÈPBd child[EnW￿ arp
xwrièTr¢ing drflcutt*s in mFAllStr8am edu¢dlion or havè been exdudÈdfvom sthDol. The
prDyr?mmeworks in conjurthDn wlththé to offertha pa(bCipants 0PPDtknn￿￿S
exp1tyedirfe￿nt job5, S8lf4Mptynenland¥oluoteefing Ihnuph afango of 8v8ntsand
vesslons.

Newry & Moume Co-operative ￿Mited
Registsrpd cvmpany number.. N120058
Dlr8¢tors' Annual Report forthe ypar èndod 31 March 2020
Extsmal Groups uSiThJ thef¥dFIV25 * WIN BuSitLes5 Pa
4. Th&Ark Projec*-Thw a proigd th3lby)thswith sp9c¢I neèd$ and thFymegtat
WIN Businp58 Perk onA lo provide activibES and Dffer some ￿sPite ￿ par8nts.
S. Newry F81¥ Commititte-￿ vuluDkryFeis Mmmittèèp&n ￿e￿9rDn0 ofth mogt
$utc8sslul feslNaL41Th IrdÈnd andth8y use the fa¢ifittesfDrth81rrggu￿T ￿anning￿l￿t5 and
Gllmmitsa meeiings. T￿ fèi* involves Peop￿ o12118pps and 2bilibe$ invO￿d inspEech and
drama. rn￿1¢ and dance.
S. N￿ry & Di%tnctAnglprsAsso¢rdlon-Th8 y￿￿￿￿rya$So¢￿titin meeton a r8￿1￿rba￿s a$4
ctmmittÈè loovgTrea thp rn3n8pèmèThtof kncal lakgs and thè tssuiw tsf
7. mèi9hb￿rhU0d RenewalGrnup8-ThE commun1ty￿0¢lat￿ftS in thE
arè8 makE us&of the r4oms for a variètyof wrp05e$105upporf thèlrcornmun￿eS. Trse
are ?Im9d al youNJ Pè0p￿.W0men and wnsionersandth(Fp groups. ￿￿e1yeSt￿Oft
mmuThityAsswallon. B£lfykntCDmmunityAs$op2tion snd th& G￿￿ Unenh￿l Community
Associalron are regular ￿sE[s Dftre facli itles.
Th• main a¢b￿tIeS undwt•ken durrry ttseyw to lurtlwihe chaN"ty¥ p￿pos• for
thepJthli¢ b*nefiL
Cil Thè Gt8attonof empknyrnent, Iralnln9sndwork &xporience opporttsnthEs fDrresidBnts Nwng In
ec0￿M￿TrY3￿d socI?ltydpprfvedai&* and can6equenUya ￿UCtiOn Tr) LThmpbymgnl#nd
firtarrial hyidshio, ￿adIng1¢ a be￿er ouafity llf fvtorthe benefickTres aAO(*nsE9Ugnt
impft￿&rnents In heahlandwe114)eing.
lill krvjwledge dboutBÈttr￿ smell businessÈs and ¥odalen1e￿rfSes
in incrga5ed levd9 ols*K4mpioyDentond betterpro3pttts ofsU¥tain8blE
d&ve￿￿Trenl
fiiil fftreased of kr￿￿l￿d9* 8ndtronsf?rHbl?voc4tional $ki1b
exprerEnce treinees. a$gistiry U&31SDnofA morfred￿. $kiW qu01th￿d
community.
IrilA9reater sense among ￿r*fiCia￿e$ of a Th)ie fumlknd and purrx)siful Iw8s. r?$￿Ing
fer, mre5tab*and cohesNe commynty.
Ivl I￿re05¢d potèndal tsrinnDvJbon and prokw. creAbnya Tnore wosperouts
soclety.
Iwl Improved So0￿1&na $nYwrJnmentsl Co￿[10n$ a9 8 ￿Sum01 wmmunityr￿ew& and
￿nera￿Tr Iè*Afinyto a betterqu￿￿Of lrfe forthe inh8biU9fflts. The ￿nefiC￿lIes è
the general pubne. Th￿& bpn8fits c4n be evidertsd in reco￿ kgpt inrfyrnalty and DyPUt4iC
sector agencies olthe nurnbgrol job5and work èxp•ri•ntè tsppothnitiBs ¢r9aled and tha
numbers ofthDsewhu haVp¥uce$sl￿￿cOrnpthd training Boursgs. E¥￿enCe Can akn bo fou
in internal ènd independent gvalvJlions ofthe8ebv￿e5 and Imp&ct ollhewoth otlhe Co-
Owraow. community of INiry srandèrds attitUd85 atNI fvedba¢k from the
benficiaries and frorn communKtyand voluniaryo',gÈnu%ations th?Ihavg been ag5i51ed.
Some PipAte bEn8fi1 is obb1ned by Iheownets of $mAII buglngssesNtho rom unttson fBvtrurydOIty
iemis. but is anTrllary tolhe m&n puTgose and is gwYyouhvevJhed bythe92ins in publit
bÈThÈfrt. M) Ngrmarisos trom these purpuse&

Newry & Mourne Co.opÈratlve Llmtt8d
Rgg15tered cvmpany number... Nf20058
Dir8¢tors' Annual Report forthe yearended 31 March 2020
Resources used in Il* actMWes undertaken d￿rty thB year
Jlthp prryrarnmes undeikkendvriry delivered from WTr1 Bushiess Park in
ThE main achlevements antl perfDrmance ol th• charity durtng the year.
IncT8asgd partmpatlonoft all pwarnr
Inwased links wlth local SCnOOL%
Nsw u5&1grwps WIN Bu$inss$ Park
￿￿jh1oVe1Qf£tib£IÈchDnN￿th th&facilibes a￿l￿b
So¢￿1 EconoMyPmgramme
Educthnlo Empbym?nÉ
Work4U Plus
45 organi%alons and 135 Individu￿5
9 bcol Schools and 100D+ pupils
63 parkip3nts
14 tummunitygfQUPi
165 Ir￿r¥id￿￿ts becomin05e￿8rnP]llvd
27vJufttsryory￿*0t0￿s wlnpthef2thIbes
N&phbourtLood R@ngtw¥lgroups
businessès
Vo￿n1*ryorgah￿*Orn8
77Je d6yr8e to whN¢h thp achievements andpertarmtrn￿ duriftg theyearhave
benefitwlwidèrsociety.
NMyaThJ Wurr* UmtiEd adlvptyengaged *Itho￿r 1,0th) Parb¢ipants over
ihe laslyear. Tr tornpany has also prDrnot9d a collAboratrth apptLwh hav9wDrkgd￿￿n
Newry. Moume & Down Countil
EThterprsg
Down Businegs Centre
Communfoes
Local Schoo
NewCtr*mbsrofComrnei
PSNI NÉwry

NO￿ & Mourn¢ Co•poratlve Limited
R*gbStsred comyny TrwhbEr.- N12005B
Directors. Annual RtPDrt forth8 yoar ended 31 March 2020
Structure. governanc? and management ofthe charity
Th& charity is Mana￿ by a Bo8￿ 01vol￿tary DirecwsMthD are invite¢ onto the du¥to
thoir￿￿ue olskilLsand QKpethe. Annualtyan audit 1$ Car[￿ oulof the skilL* mlx Ind
gap5are laettt￿1eo.
Newry& Motsme Cotspgrgtr￿ $ Mana￿ bYa￿￿tTrne Exe¢utrwe team who reporttothe Boa
on a b1-month￿ba￿ls viatho Booro meetity bDth ￿ peEon ar￿Nn8￿ritten report%as reouired.
A tu1lfinanc￿R ￿port ig subrnlttgd * each mÈÈbn9.
Tho tharitys relatlgnshyps with relatedparties
Benkèrs
Suli¢itors
utsterBank Limited Hill StrEetNv
DND LÈ4vSoii￿t0￿ Newry
FinanGlal revlew
Th¢ ¢h*ity& financialposilion atthe end of theye8remled31 March 2020
thariws fironTr￿ posytion at thè ￿Or￿n￿d 31st 2020
242D
Z019
Nel
19.04T
6853T
LD￿ ¢apSts1
.D19
983
UhrEStr￿td F¢ev&nuo Funds aval￿b￿ for
purposeB ofthe chariiy
TDtsI Funds
B70J4e
S$1￿65
Firtanclalrnvlewof the pos￿0￿ at thp reportinsy date. 31 March 2020.
Dit$(aors￿rb5￿Y￿rlhe￿naThtra1 psrfyrrn?ncè bythechariiyduring th¥ yearlo been
sabsfadoryand rthe the $he8d fDrth&comin9 yÈarthth urefvl
managempnt and Cons￿￿￿￿On.
Policie$ ￿serve
The Diredots COnsideritimpDknllo retsin 9tr0n9 r•gan￿St94Il￿ the charityitropèrydte in ¥
¢ons12Trtychnoing&nd often ￿lffiCulteRvImMÈTrl. AtpresgThl the cornpany is conisntwlth V
levèl of te&ÈN8s hpld.
Th* COM￿ny¥￿711 pnd8avourto m2intsin the eoV￿1Entto4 Mon￿5 ofits lot81 iTheOrnE as
Vgiknble tF5Stvss. This ollows forthè12te rÈGpiptsof rnQDie$ from fvndeKS also the10ssof
current use￿ olthèfa¢lllbe$. Tho resètvès pollcyis rggubtyrev**¢d bytr* ¢kt*¢kon8tD
È5Se55 ￿ facbT¥ whth are ￿kelY to an 8ff8cton ￿$9[￿$.

Newry & Moume Cts•p8rnUve Limited
Regisler￿￿o￿p4ny￿M￿r... N12005B
Dtrector5' Annu81 Report for the y8ar endÈd 31 Mar¢h 2020
AvaiVablllty&ndodequaGy of assets ole•th of Ihefunds
Thè Br*Td of DIr¢clorsa￿ sat￿r￿d tstlhe tharivsassets ￿e80*4L￿tgt9f￿￿Itts oèh9ibor&.
FrrtttY• ObJ¢¢iives and Vlslon
Secur8 ad￿tiOnal pro9rnMmEacl￿1ty lo nlalnlhe current sialhn9 lèvsl
Meet I￿ *ApBctationsollhe Ftsndets in tsLwbon to gutpuls and budgetarysppn¢
CoDtinue ts promotè the alWIN 8￿Ine6& to the loc* cornmunity
R￿1￿￿the c￿r￿n1threats 2nd OPWthnities tvhi¢h e￿￿1 lorthe compsny
Company Vlslon
Thp vision & to I￿al empknwxèntantt to helplh05e intèrè$tèdto ￿¢￿n￿38￿*mp1O>￿￿
iD dev2knp their ?ntreweneurialts￿ntwh1c￿WIll in rthrn reduc& Wvsrty. tyomots bett9rhèal
andwell b•iw eTrwur8gÈallaw tsVa￿ the local communtyand aiéa.
Company values
The value% ￿at￿n(knrp1ll thew0￿ of moun￿ Ctroperalve timtiÈd ore..
Mgkiry a diffemcè and havingJn 1rnpa￿ wthin wnmun
DEl￿EnnY J hlgh stsndaid prolè$*￿￿￿1 forall partiupanL* Dn ￿1r pra9rammes Or￿
ourl8yfrfi85
Stronu ￿Mm￿OnI10Lwt0Mets. enure bc41 commu￿ty
Seekiw bkttFJrand morè Innovalvewsys itss+￿ thp kncal cr￿￿7Un1ty
Detsifs ofThe Auditor
MrM8rk ReiN￿ts
Ftsphtrfck & Kearney Lld
ChartgwdA¢¢ountants & SktrtyryAuditor6
10c Square
Ngwry
Co. Down
BT34 1AE

Newry & Moume Cowoperdtive Llmlted
Res￿lered ￿MpartY nUrn&￿.- Nf20058
Dlr8ctors' Annual Rgportfortho y88r trnd￿ 31 March 2020
ststèmtrnt a5 trt di5cSosur& ol inforniotion to audltors
Statelhalsotsra> each ofthpthrer1o￿dt￿ Ima rèp￿￿￿5 awro¥eda
al Thore r8knVAnlgL￿tI￿￿tio0fw￿ch th&authtor&are urhèwi9r￿.
blThe thcbrs h2vetdtqnallst8psthatUwoughlto hÈvwtsk&D
aware ofanYrelèv￿18￿dh infDnllation andestabfksh that*hè ￿rtoiS￿ra ayare of that
infoTmatton.
Stat8m?nt of DirÈctors' and Dir&ctors' Rospon$ibllltt8S
ThodIrocbi￿•F# rtsWwb￿f￿rthe preparaknn OF￿ 2ccounts tertt￿Of
the CompanksACt200S, Chartyes INothm I￿l￿nd)B￿2(￿)B. asamanded Bnd Thp
ChAnleJ IAÉMUntsa￿ Reports) Re9￿￿￿on$ (Nothgrn b￿n￿>20)s.
ln p*Icu￿r, t￿P3￿P$ACt200Sand Ch￿lty￿reqUIrnIho board ofd￿￿￿[S kn prFp8
nantsal for8aBh flnandal YearWh￿ lrnt9 qThYfa1r￿QW orb* of•ff¥r
DfthethBrityss at endollhe Thnancial￿¢￿ndQfth8 su￿U50rde￿dI0rthQ cknrty.
prwrtr0lw8fina￿￿Stste￿ntrth8 ig rEquwed to..
-b prepare b*ac¢tsunts in ￿n0d￿n GEn¢rnnyAcctrptsd
Axounting Practlce (u￿￿d Khgdom A￿￿nI￿ s￿nd￿￿ ￿￿dapp￿b￿￿W}
-$21aGt5ulkb￿ acwunbng ptslldesa￿theTr applytslem£*ng&*ftty.
.￿￿@S￿dgOrnents￿nd a5tkm*s tstar8 Tras0mb￿ and pruden¢ and
-PYÈPÈtethEfin3TrcM13tat&mentsonthÈ yoiryu WJK¢m baEiS unkn it ￿ inppropt
to wesume thèiihe charitywAlwntinu2 in busin•8a.
.sla19whBtherappl*abkna¢wbny*nd*s d￿j stètsments tsfr•wMm￿Pd
rKaGb(t h#Vebp8nfoifN￿.sU￿ECtto *ryma*rial d8ForbJtesd%cI￿d Ènd
dtye¢iors are RSPDr6lbl&tsrrrirthn￿W8c￿UatB accounung wtds vhu¢h (fjsrb)58YAlh
tFaSDrHble accuratyatwtimbthefinanu8lpos￿on oflhe rth&rityBnrfwhish are sufflc49nl lo
showand gxplain c￿nty1￿¢bO￿Sand Pnab￿ to eftgU¢ Wthe aGGDuntscomp
ththe Compan￿A¢t200$ and comp[yMry￿ re9uthng mad8 CharfOe5￿L They
8re8ts0 tE&W￿b]eforEafeg￿rrfinglhÈ dssets of ch3rftyand hence fortakbiq rÈ£swJSD
sWtstheprevPnb￿ ￿d￿et2￿Tr trfhUda￿ vthgrlwtyuLii￿.
Tho dw9thrs are a*0 responsibb fDrmainlairMw adequaie recoth whith 4i5cltsse
wth TraBOnabl&ac¢uratyatanytim&thfyfinar￿ po￿￿on olthè chaTtyand %vhith w0suff￿enI
to 5howand explain the chaitys transa¢bD￿ and enab￿ thèm to ￿￿￿￿trat￿P￿Tran(I
statements PA?rnp￿￿th thE Comp?ni?sAct2006 and(thnplywithtFKI rE9ubbons made under
Charib?sNrt Theyare abDr¢¥p0Dsib￿fOrSafe0￿drdITh9 the 85¥8Ls uffhB tharfly and hence
fort0k￿4 ressonabh stsp3 krthts prevenknn anrldEtetkn Dftraudand otherlrregulÈiitr
Llethod 0fpr•pq￿ooD ofacto￿￿-S￿all mmpanyprovtsEo
Th? *8ffjgnts aTr ¥etOULon PA
Th@fftnan¢ial statsm&nts hAve bèèn pr*par8d IMplBm?n￿Wthe FRS102 SORP Iststsment of
Recornrnended Practiceforknunting aThdR8porUng by charfl￿)2016.I9& amen¢8dbyth?
BU￿817￿ Issued In Ortober2018 appllLzb￿tO3ll iceountin9 p8d(th Deglnnlng Dnoraft8r1sl
January20191, Tr SORPI. and h arwfdar￿withthe Rgpoibng standard 102,
leffeclvè 1stJ•nuary201SI
statements have W prpparBd In accordanGe 4￿hItte PftY*￿O￿% In Part 15 of
th9 thmp3￿8sm£t2ooS appl¢ab￿ tr>cJ)MpanTeEsUb￿rt￿ the wmp¥n165 Teglme.
r*pDrturdS approved bylhe board oldll¥ttsr4 andaUthort￿ foRk9￿￿1)N1dth
DecBmbdr2020.
DireL*or