CavanaghKelly"
Company Registration Number: N1043335
Charity Registration Number: 102647
An Tearmann Project Ltd
(Charitable Company Limited by Guarantee)
Annual Report and Financial Statements
For the period ended 31 March 2024

An Tearmann Pro
Charitable Com
"ect Ltd
an
Limi
ed b Guarantee
CONTENTS
For the
eriod ended 31 March 2
24
Page
General Information
Director's Report
Independent Examiner's Report
Statement of Financial Actlvities
statement of Financial Position
Notes to the Financial Statements
10-15
CavanaghKellyi Chartered Accountants & Statutory Auditors
Page I

An Tearmann Pro
Charitable Com
'ect Ltd
an
Limited b Guarantee
GENERAL INFORMATION
Director
Martin McDonagh
Company Secretary
stephanie Mallon
Registered Office
Community Support Centre
64 Main Street
Coalisland
Co. Tyrone
BT71 4NB
Company Registration Number
N1043335
Charity Registration Number
102647
Independent Examiners
CavanaghKelly
Chartered Accountants & Statutory Auditors
36- 38 Northland Row
Dungannon
Co. Tyrone
BT716AP
Bankers
Allied Irish Bank
18 - 20 Scotch Street
Dungannon
Co. Tyrone
BT70 IAZ
CavanaghKelly, Chartered Accountants & Statutory Auditors
Page 2

An Tearmann Pro
Charitable Com
"ect Ltd
an
Limited b Guarantee
DXRECTOR'S REPORT for the
eriod ended 31 March 2024
The Director, who is the trustee for the purpose of charity law, has pleasure in presenting his
report and the unaudited financial statements of the charitable company for the period ended 31
March 2024,
The financial statements have been prepared in accordance with the Statement of Recommended
Practice "Accounting and Reporting by Charities" (FRS 102), United Kingdom Generally Accepted
Accounting Practice, the Companies Act 2006 and the Charities (Northern Ireland) Act 2008.
Reference and Administration Details
The reference and administration details of the charitable company are as shown on page 2.
Objectives and Activities
An Tearmann Project Ltd is a Traveller support organisation. The main beneficiaries of the project
are the local Irish Traveller population reslding in the localities of Coalisland and Dungannon
(Northern Ireland).
The objectives of the charitable company are as follows:
To promote the advancement of education, the aims of this purpose being to promote
lifelong learning opportunities and developing strategies to promote the individual skills
and capacities for the Traveller population. The charity provides additional educational
support to Traveller children and sources or provides learning opportunities for young
adult and adult Travellers;
To promote the advancement of human rights and conflict resolution, and to promote
racial harmony and equality and diversity. The aim of this purpose is to promote
integration between the settled and Traveller communities. The charity acts as a mediatory
body for the Traveller population to develop strategies to combat perceived discrimination
and to promote social inclusion; and
To advance citizenship and community development, the aim of this purpose being to
promote the social inclusion of local Travellers and encouraging community integration
and access of services. The charity develops and delivers community development
programmes, and ensures that Travellers are aware of local and wider ranging community
initiatives.
Public Benefit Statement
The Director of An Tearmann Project Ltd conflrms that he has complied with his duty under section
4(6) of the Charities Act (Northern Ireland) 2008 to have regard to the Charity Commission for
Northern Ireland's guidance on public benefit and that the public benefit requirement has
informed the activities of the charitable company in the period ended 31 March 2024.
Achievements and Performance
The Director is confident that the charitable company continues to meet its performance
objectives to benefit the Travellers community. The charitable company continues to receive
funding from local bodies.
CavanaghKellyi Chartered Accountants & Statutory Auditors
Page 3

An Tearmann Pro
Charitable Com
"ect Ltd
an
Limited b Guarantee
DIRECTOR'S REPORT for the
erio
en
Imar
24
Continued
Achievements and Performance (Continued)
During the period the charity received funding from the Education Authority to run a Homework
Club project with the objective to increase the levels of attendance at school and to improve the
levels of behaviour at school particularly those in the Traveller Community.
The charity continues to provide a drop in service to Travellers. The service provides a means of
advice and a rneans of supports to those in the Travellers community.
Financial Review
Financial Performance
The financial performance was in line with the Director's expectations. The charitable company
remains in a sound financial position at the period end. The results for the period are set out in
detail on pages 8 to 15. The company returned net incorning resources for the period of £753
(2023
net outgoing resources of £244).
At 31 March 2024, the total funds of the charity amounted to £84,634 (2023
£83,881)
cornprislng entirely of unrestricted funds. Principal sources of funding and how this has supported
the key objectives of the charity are disclosed in the note5 to the financial statements.
Reserves Policy
The charitable company does not maintain a formal reserves policy however the Director
continues to monitor the level of reserves held by the charitable company and is satisfied that
these are adequate to meet any unforeseen expenditure incurred.
structure, Governance and Management
Organisational Structure
The charitable company is a company limited by guarantee, not having a share capital.
The charitable company was established under a Memorandum of Association which established
the objects and powers of the charitable company and is governed under its Articles of
Association.
In accordance with the Artlcles of Association, the members to retire by rotation shall be those
who have been longest in office since their last election, and the relevant motion will be put at
the Annua5 General Meeting. A retiring member shall be eligible for re-election.
Director
The Director during the period is the same as the Director as listed on page 2.
Taxation status
The charitable company is recognised as a charity by HM Revenue & Customs. Accordingly, the
charitable company has availed of the exemptions contained in Chapter 3 Part 11 Corporatlon
Taxes Act 2010 and Section 256 Taxation of Chargeable Gains Act 1992.
CavanaghKellyi Chartered Accountants & Statutory Auditors
Page 4

An Tearmann Pro
Charitable Com
"ect Ltd
an
Limited b Guarantee
DIRECTOR'S REPORT for the
eriod ended 31 March 2024
Continued
Director's Responsibilities
The Director (who is also trustee of the charitable company) is responsible for preparing the
financial statements in accordance with applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice),
Company law requires the Director to prepare financial statements for each financial year which
give a true and fair view of the state of affairs of the charitable cornpany and of the incoming
resources and application of resources, including the income and expenditure, of the charitable
company for that period. In preparing these financial statements the Director is required to..
select suitable accounting policies and apply them consistently,.
observe the methods and principles in the Charities SORP (FRS102)'
make judgements and estimates that are reasonable and prudent.
state whether applicable UK Accounting Standard5 have been followed, subjett to any material
departures disclosed and explained in the financial statements,. and
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company wi51 continue in operation.
The Director is responsible for keeping adequate accounting records which disclose with
reasonable accuracy at any time the financial position of the company and enable them to ensure
that the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Small Companies Exemption
This report is prepared in accordance with the special provisions relating to srnall companies
within Part 15 of the Companies Act 2006.
This report was approved by the Director on 19 December 2024 and signed by..
Registered office:
Community Support Centre
64 Main Street
Coalisland
Co. Tyrone
BT714NB
Martin McDonagh
DIRECTOR
Com
an
Re
is
is
n Number: N1043335
ration Number:
CavanaghKellyi Chartered Accountants & Statutory Auditors
Page 5

An Tearmann Pro"ect Ltd
Charitable Com
an
Limited b Guarantee
INDEPENDENT EXAMINER'S REPORT to the members on the unaudited financial
statements of An Tearmann Pro
ect Ltd for the
eriod ended 31 March 2024
We report on the financial statements of the company for the period ended 31 March 2024 which
are set out on pages 8 to 15.
Respective Responsibilities of the Director and Independent Examiner
As the charitable company's Director, who is the trustee for the purpose of charity law, you are
responsible for the preparation of the financial statement5 in accordance with the requirements
of the Companies Act 2006. Having satisfied ourselves that the charitable company is not subject
to audit under company law, and is eligible for independent examination, it is our responsibility
to:
examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008;
follow the procedures laid down in the general Directions given by the Charity Commission
for Northern Ireland under section 65(9)(b) of the Charities Act (Northern Ireland) 2008.
and
state whether particular matters have come to our attention.
Basis of Independent Examiner's Report
We have examined your charitable company's financial statements as required under section 65
of the Charities Act (Northern Ireland) 2008 and our examination was carried out in accordance
with the general Directions given by the Charity Commission for Northern Ireland under sectlon
65(9)(b) of the Charities Act (Northern Ireland) 2008. The examination included a review of the
accounting records kept by the charitable company and a comparison of the accounts presented
with those records. It also includes consideration of any unusual items or disclosures in the
accounts, and seeking explanations from you as charitable company Director concerning any such
matters.
Our role is to state whether any material matters have come to our attention giving us cause to
believe..
That accounting records were not kept in accordance with section 386 of the Companies
Act 2006; or
That the accounts do not accord with those accountlng records; or
That the accounts do not comply with the accounting requirements of section 396 of the
Companie5 Act 2006 and with the methods and principles of the Charities Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland; or
That there is further information needed for a proper understanding of the accounts to be
reached.
CavanaghKellyi Chartered Accountants & Statutory Auditors
Page 6

An Tearmann Pro
Charitable Com
"ect Ltd
an
Limited b Guarantee
INDEPENDENT EXAMINER'S REPORT to the members on the unaudited financial
statements of An Tearmann Pro"ect Ltd for the
eriod ended 31 March 2024
Continued
Independent Examiner's Statement
We have completed our examination and have no concerns in respect of the matters listed above
and, in connection with following the Directions of the Charity Commission for Northern Ireland,
we have found no matters that require drawing to your attention.
Mr. kyan Falls (Senior
tory Auditor)
for and on behalf of Cavanagh Kelly
Chartered Accountants & Statutory Auditors
36-38 Northland Row
Dungannon
Co Tyrone
BT71 6AP
19 December 2024
CavanaghKellyi Chartered Accountants & Statutory Auditors
Page 7

An Tearmann Pro
Charitable Com
-ect Ltd
an
Limited b Guarantee
STATEMENT OF FINANCIAL ACTIVITIES
Includin
an Income & Ex
enditure account
For the
eriod ended 31 March 2024
Unrestricted Restricted
Funds
Funds
2024
2024
Total
Funds
2024
Total
Funds
2023
INCOME AND ENDOWMENTS
Income from Charitable Activities (Note 3)
Investment Income (Note 3)
TOTAL INCOME AND ENDOWMENTS
71,597
71,597
801
71,403
297
801
801
RESOURCES EXPENDED
Charitable Activities ( Note 4)
TOTAL RESOURCES EXPENDED
48
48
Net incoming/(outgoing) resources
for the period
753
753
244
Balance brought fonvard
83,881
83,881
83,637
Balance carried forward
The above Statement of Financial Activities include5 all information as required to be disclosed
by the Companies Act 2006.
All of the activities of the company are classed as continuing.
The Statement of Financial Activities includes all gains and losses recognised during the period.
The notes on pages 10 to 15 form an integral part of the financial statements.
CavanaghKellyi Chartered Accountants & Statutory Auditors
Page 8

An Tearmann Pro
Charitable Com
"ect Ltd
an
Limited b Guarantee
STATEMENT OF FINANCIAL POSITION as at 31 March 2024
Note
2024
2023
Current Assets
Receivables
Cash and cash equivalents
17,603
144 280
161,883
17,354
143 582
160,936
Payables: Amounts falling due within one
year
{77,249)
(77,055)
Net Assets
REPRESENTED BY:
Unrestricted funds
Restricted funds
Total Funds
io
io
io
84,634
83,881
These financial statements have been prepared in accordance with the provisions applicable to
the small companies, regime within Part 15 of the Companies Act 2006.
For the financial period ended 31 March 2024 the company was entitled to exemption from audit
under section 477 of the Companies Att 2006.
The Director confirms that the member has not required the company to obtain an audit of its
financial statements for the period in question in accordance with section 476 of the Companles
Act 2006.
The Director acknowledges his responsibilities for ensuring that the charitable company keeps
accounting records which comply with Section 386; and for preparing financial statements which
give a true and fair view of the state of affairs of the charitable company as at the end of the
financial period and of its incoming or outgoing resources for the financial period in accordance
with the requirements of sections 394 and 395 and which otherwise comply with the requirements
of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable
company.
The notes on page5 10 to 15 form an integral part of the financial statements.
The financial statements w
2024 and signed by..
re approved and authorised for issue by the Director on 19 December
Martin McDonagh
DIRECTOR
Com
Re
istratio
mber: N1043
istration Number: 102
47
CavanaghKellyi Chartered Accountants & Statutory Auditors
Page 9

An Tearmann Pro
Charitable Com
ect Ltd
an
Limited b Guarantee
NOTES TO THE FINANCIAL STATEMENTS
For the
eriod ended 31 March 2024
I. GENERAL INFORMATION
An Tearmann Project Ltd is a charitable company limited by guarantee incorporated in Northern
Ireland within the United Kingdom. In the event of the charitable company being wound up, the
liability in respect of the guarantee is limited to £1 per member of the charitable company. The
address of the registered office is as shown on page 2.
The charitable company constitutes a public benefit entity as defined by FRS 102.
2. ACCOUNTING POLICIES
The following accountlng policies have been applied consistently in dealing with items which are
considered material in relation to the charitable company's financial statements.
2.1 Statement of Compliance
The financial statements have been prepared in accordance with Accounting and Reporting by
Charites.. Statement of Recommended Practice (SORP) applicable to charities preparing their
financial statements in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102) effective l January 2019 (Second Edition), the Financial
Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and
the Companie5 Act 2006.
2.2 Basis of Preparation
The financial statements are prepared on a going concern basis under the historical cost
convention unless otherwise stated in the relevant accounting policy. Historical cost is
generally based on the fair value of the consideration given in exchange for assets. The
following accounting policies have been applied consistently in dealing with items which are
considered materlal in relation to the charitable company's financial statements.
2.3 Cash Flow Statement
The charitable company in accordance with the provisions available to it as a small charity
under the Charities SORP and a small company under Companies Act 2006 has applied Update
Bulletin 2 as published on l January 2019 and does not include a cash flow statement on the
grounds that it is applying FRS 102 Section IA.
2.4 Income and Endowments
(i) Charitable Activities
Income from charitable activities includes income received under contract or where
entitlement to grant funding is subject to specific performance conditions. It is recognised
as earned as the related services or goods are provided. Grant income is recognised in the
staternent of Financial Activities when receivable. Grant income included in this category
provides funding to support projects and is recognised where there is entitlement, certainty
of receipt and the amount can be measured with sufficient reliability.
2.5 Resources Expended
Expenditure is recognised when a liability is incurred. Contractual arrangements and
performance related grants are recognised as goods and services are supplied. Where costs
CavanaghKellyi Chartered Accountants & Statutory Auditors
Page 10

An Tearmann Pro
Charitable Com
"ect Ltd
an
Limite
b Guarantee
NOTES TO THE FINANCIAL STATEMENTS
For the
eriod ended 31 March 2
24
continued
cannot be directly attributed to a particular heading they have been allocated to activities on
the basis of staff time spent on those activities.
2. ACCOUNTING POLICIES (Continued)
(i) Charitable Activities
This comprises all the resources applied by the charitable company in undertaking its work
to meet its charitable objectives. Charitable activities will include the costs of governance
arrangements which relate to the general running of the charity.
2.6 Fund Accounting
The charity has one type of funds for which it is responsible at the period end..
Unrestricted Funds
Funds which are expendable at the discretion of the Directors in
furtherance of the objectives of the charitable company. In addition, funds may be held in
order to finance capital investment and working capital.
Restricted Funds - Income received for specific purposes. Such purposes are within the
overall aims of the charitable company.
2.7 Trade and Other Receivables
Trade and other receivables are initially recorded at fair value and thereafter stated at cost
less impairment losses for bad and doubtful debts.
2.8 Trade and Other Payables
Trade and other payables are initially recognised at fair value and thereafter stated at cost.
2.9 Taxation
As a charity, the charitable company is not liable to Corporation Tax.
2.10 Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other
short-term highly liquid investments with original maturities of three months or less and
bank overdrafts.
2.11 Financial Instruments
The company has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial
instruments.
(i ) Financial assets
Basic financial assets, including trade and other receivables, cash and bank balances and
amounts owed by related parties and are initiaSly recognised at transaction price, unless the
arrangement constitutes a financing transaction, where the transaction is measured at the
present value of the future receipts discounted at a market rate of interest. Such assets are
subsequently carried at amortised cost using the effective interest method.
CavanaghKellyi Chartered Accountants & Statutory Auditors
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An Tearmann Pro
Charitable Com
"ect Ltd
an
Limited b Guarantee
NOTES TO THE FINANCIAL STATEMENTS
For
eriod ended 31 Mar
h 2024
continued
At the end of each reporting period financial assets measured at arnortised cost are assessed
for objective evidence of impairment. If an asset is impaired the impairment loss is the
difference between the carrying amount and the present value of the estimated cash flows
discounted at the asset's original effective interest rate. The impairment loss is recognised in
profit or loss.
2. ACCOUNTING POLICIES (Continued)
If there is decrease in the impairment loss arising from an event occurring after the
impairment was recognised, the impairment is reversed. The reversal is such that the current
carrying amount does not exceed what the carrying amount would have been had the
impairment not previously been recognised. The impairment reversal is recognised in profit
or loss.
Financial assets are derecognised when (a) the contractual rights to the cash flows from the
asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of
the asset are transferred to another party or (c) despite having retained some significant
risks and rewards of ownership, control of the asset has been transferred to another party
who has the practical ability to unilaterally sell the asset to an unrelated third party without
imposing additional restrictions.
(li) Financial liabilities
Basic financial liabilities, including trade and other payables, bank loans and overdrafts and
amounts owed to related parties are initially recognised at transaction price, unless the
arrangement constitutes a financing transaction, where the debt instrument is measured at
the present value of the future receipts discounted at a market rate of interest. Debt
instruments are subsequently carried at amortised cost, using the effective interest rate
method. Fees paid on the establishment of loan facilities are recognised as transaction costs
of the loan to the extent that it is probable that some or all of the facility will be drawn down.
In this case, the fee is deferred until the draw-down occurs. To the extent there is no evidence
that it is probable that some or all of the facility will be drawn down, the fee is capitalised as
a pre-payment for liquidity services and amortised over the period of the facility to which it
relates.
Trade payables are obligation5 to pay for goods or services that have been acqulred In the
ordinary course of business from suppliers. Accounts payable are classified as current
liabilities if payment is due within one year or less. If not, they are presented as non-current
liabilities.
Trade payables are recognised initially at transaction price and subsequently measured at
amortised cost using the effective interest method.
Financial liabilities are derecognised when the liability is extlnguished, that is when the
contractual obligation is discharged, cancelled or expires.
(iii) Offsetting
Financial assets and liabilities are offset and the net amounts presented In the financial
statements when there is a legally enforceable right to set off the recognised amounts and
there is an intention to settle on a net basis or to realise the asset and settle the liability
simultaneously.
CavanaghKellyi Chartered Accountants & Statutory Auditors
Page 12

An Tearmann Pro
Charitable Com
ect Ltd
an
Limited b Guarantee
NOTES TO THE FINANCIAL STATEMENTS
For the
eriod ended 31 March 2024
continued
3. INCOME AND ENDOWMENTS
Unrestricted
Funds
2024
Restrirted
Funds
2024
Total
Funds
2024
Total
Funds
2023
Income from Charitable Activities
SHSCT Armagh & Dungannon Trust
Craigavon Traveller Support
Education Authorlty
MUC
Education Authority 20/21
35,173
5,675
30,749
35,173
5,675
30,749
35,173
5,481
30,749
71,597
71,597
71,403
Investment Income
Bank deposit interest
Total Income and Endowments
801
801
801
297
Income from Charitable Activities in the year ended 31 March 2023 of £71,403 was made up
entirely of restricted funds. Investment income from Charitable Activities in the year ended 31
March 2023 of £297 was made up entirely of unrestricted funds.
4. RESOURCES EXPENDED
Unrestricted
Funds
2024
Restricted
Funds
2024
Tota I
Funds
2024
Total
Funds
2023
Charitable Activities
Rent & rates
Homework club
Heat & light
Telephone
Management expenses
other programme expenses
stationery & other office expenses
IT Costs
Insurance
Accountancy
Bank charges
General expenses
Legal Fees
9,410
30,748
9,410
30,748
9,410
30,749
21,316
5,928
21,316
5,928
18,090
8,538
31
387
274
2,383
53
1,541
451
776
2,443
451
776
2,443
48
48
525
525
48
Expenditure on Charitable Activities in the year ended 31 March 2023 of £71,456 was made up
of £71,403 of restricted expenditure and £53 of unrestricted expenditure.
CavanaghKellyi Chartered Accountants & Statutory Auditors
Page 13

An Tearmann Pro
Charitable Com
"ect Ltd
an
Limited b Guaran
ee
NOTES TO THE FINANCIAL STATEMENTS
For the
eriod ended 31 March 2024
continued
5. NET INCOME/(EXPENDITURE) FOR THE PERIOD
Net income/(expenditure) is stated after charging/(crediting):
2024
2023
Independent Examiner's remuneration
6. STAFF COSTS AND EMPLOYEE BENEFITS
The charitable company did not have any employees during the period.
6.1 DIRECTOR'S REMUNERATION
The Director received nor waived any remuneration or any other benefits during the period and
no reimbursements of expenses incurred.
7. RECEXVABLES
2024
2023
other receivables
8. PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade payables
Accruals
76,249
76,055
9. ANALYSIS OF NET ASSETS
Unrestricted
Funds
2024
Restricted
Funds
2024
Total
Funds
2024
Total
Funds
2023
Current Assets
Current Liabilities
84,634
77,249
161,883
160,936
CavanaghKellyi Chartered Accountants & Statutory Auditors
Page 14

An Tearmann Pro
Charitable Com
ect Ltd
an
Limited b Guarantee
NOTES TO THE FINANCIAL STATEMENTS
For the
eriod ended 31 March 2024
continued
10. ANALYSIS OF FUNDS
Opening
Balance
Income
Expenditure
Closing
Balance
sHs￿ Armagh & Dungannon Trust
Craigavon Traveller Support
Education Authority
Restricted Funds
35,173
5,675
(35,173)
(5,675)
71,597
(71,597)
Unrestricted Funds
83,881
801
(48)
84,634
Total Funds
11. CONTINGENT LIABILITIES
A contingent liability exist5 to repay grants received should certain conditions not be fulfilled by
the charitable company.
CavanaghKellyi Chartered Accountants & Statutory Auditors
Page 15