Company registered number: N1613833
Charity registered number: NIC102703
GLENCLARE COMMUNITY GROUP
(Private company limited by 8uarantee without share capital)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
*AEAFSFRL'
0510912025
COMPANIES HOUSE
A24
#175
Tony Clarke
53 Andersonstown Road
Belfast
BTII 9AG

GLENCLARE COMMUNITY GROUP
CONTENTS
PAGE
Reference and administrative details of the charity, its trustees and
advisers
Annual Report of the Trustees
Independent Examiner Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
10-16

GLENCLARE COMMUNITY GROUP
(Private company limited by guarantee without share capital)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees. Annual Report (Incorporating the Dlrector's Report)
STRucfuRE, GOVERNANCE AND MANAGEMENT
The charity is controlled by its governing document, a Memorandum and Articles of Association,
and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The company was incorporated on l August 2012 and registered with the Charity Commission for
Northern Ireland on 21 July 2015.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
N1613833
Reglstered Charlty number
NIC102703
Reglstered office
St Clare's Community Hall
55 Chapel Road, Glenavy
Crumlin
County Antrim
BT29 4LY
CHAIRPERSON
Claire Kemp
DIRECTORS / TRUSTEES
Denis Wilson
Jennifer Cameron
Eithne Mccorry
Paul O'Brien
Claire Kemp
Cecilia Mulholland
Kevin Mulholland
Emmet Norris
Christina Magennis
Anthony James Mulholland
Resigned on 15 April 2024
Resigned on 15 April 2024
Appointed on 15 April 2024
INDEPENDENT EXAMINER
Tony Clarke
53 Andersontown Road
Belfast
BTII 9AG

GLENCLARE COMMUNITY GROUP
(Private company limited by guarantee without share capital)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees, Annual Report (Incorporating the Director's Report)
The Trustees present their annual report together with the financial statements of the
company for the 01 January 2024 to 31 December 2024. The Tru5tee5 confirm that the Annual
Report and financial statements of the company comply with the current statutory
requirements, the requirements of the company's governing document and the provisions of
the Statement of Recommended Practices (SORP), applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland {FRS 102) (effective l January 20151 as amended by Update Bulletin I
leffective l January 201SI.
Sirsce the company qualifies as small under section 383, the strategic report required of
medium and large companies under The Companie5 Act 2019 (Strategic Report and Director's
Report) Regulations 2013 is not required.
Structure, Governance and Trustees
Glenclare community Group is registered as a charity with the Charity Commission for
Northern Ireland, was incorporated as a company limited by guarantee in Northern Ireland,
registration number N1613833.
Chairs Annual Report
l am pleased to be able to present this yearfs Chairperson's Report for Glenclare Community
Group, reflecting in our 10th year on another incredibly busy year for St Clare's Community
Hall.
This year, the hall has been busier than ever. We've hosted a wide range of regular group
activities including Big and Small, Company for All, our adult and toddler group, Sensory at
Home, a sensory experience for babies and toddlers, Brazier School of Irish dance, pilates,
yoga, indoor bowls, exercise bootcamp, bingo, Pickleball, Slimming World, SPRED, acoustic
music sessions, Whist, the Friendship Group, table tennis, Friday coffee morning, book club,
judo, Shining Stars, an Autism Support Group and Flip Fusion- a combination of gymnastics
and dance for primary school aRe children.
This doesn't include the other community events, such as quiz nights, Visits from the Mayor,
government information sessions, Council engagement sessions, training, the Christmas fair,
the Christmas Bazaar, Christmas wreath making, Wine and Paint evenings, children's discos,
art and craft classes, Apostolic events, an series of talks about the Polish community in Ireland
and the Polish War Veteran headstone unveiling, the Autojumble, blood donation sessions, an
Italian night to mark 10 years since re-opening, our Pumpkin day, Macmillan Coffee morning,
St Vincent de Paul Senior's dinner, the Parish Treasure Hunt, funeral catering, film nights,
Spanish classes, a book launch and doR shows to name but a few!
Our local school and football clubs also ultilise the hall for their own gatherings and
celebrations. Many community organisations 3150 use our hall as a venue for their own
fundraisers, which is particularly valuable for those that don't have the space that we are so
lucky to have here. The hall has also seen increased bookings for private events such as
birthday parties and family celebrations.
It's heartening to see how integral the hall has become to our community life a true hub of
onnection and support.

GLENCLARE COMMUNITY GROUP
(Private company limited by guarantee without share capital)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees, Annual Report (Incorporating the Director's Report) continued...
This report cannot go without mentionlng the replacement of the main hall floor. A huge
undertaking, made possible by the awarding of grant funding from the Asda Foundation. I
want to give particular thanks to Paul O'Brien for his efforts in pulling the funding application
together and to Kevin Mulholland for the substantive work in removing the previous floor and
overseeing the installation of the new floor, The hall closed for 3 weeks during this work and I
would like to thank all our service users for their patience and understanding while this work
was being carried out. It is wonderful to have the new floor in place and I think we can all
a￿ree how fantastic it looks.
Most of you will know that we hit upon the idea when the floor was half up, half down to
create a time capsule to put underneath the flooring to be discovered when the hall is re-laid
again - hopefully another 70 years in the future. We included newspapers of the day, photos,
minutes of our last AGM, a guide of what was happening in the hall, along with art work and
letters from the pupils of Ballymacrickett Primary School. A huge shout out to the teaching
staff and pupils of Ballymacrickett for reactin8 in less than 24 hours to a request for some
input and deliverin% a fantastic snapshot of their world in 2025.
We have also made other improvements to the hall over the last 12 months, including the
upgrading of lighting in the main hall and other minor works. The upgrading of the lighting
was, in part, thanks to the awarding of funding from the Grand Choice Awards, which seen
many community groups set out their stall outlining their intended project and members of
the local community voting on the project5 they wanted to see get funding, Glenclare
Community Group were pleased to also support Shining Stars, an Autism Support Group and
Big and Small, Company for All, the adult and baby group in their applications for new
equipment and l am pleased to say that both of these groups were successful, provlding much
needed new tovs and sensorv items for these oroups of children.
The volunteers for Glenclare are the beating heart of St Clare's Community Hall and without
them, the hall could simply not operate the way it does and be as successful as it is. To you all,
I thank you for your time, unwavering support, good humour and craic.
Margaret Bradley continues in the busy role of Hall Co-ordinator for St Clare's, taking
bookings, dealing with people and orgnansations and generally keeping us all in line. Thanks to
Margaret for all her organisation, administration and hard work throughout the year.
Harry Cameron, our caretaker continues to keep the hall looking as fresh as it does, His laid
back manner and patience, as well as his skills and expertise make him a real asset to the hall.
Thank you to Harry for all that he does.
St. Clare's Hall requires a significant amount of resource to run and although the majority of
this is raised by ourselves, the grant aid from Lisburn and Castlereagh City Council through a
range of funding pots are essential. Without such funding we would find it very difficult to
operate successfully as we do. I can claim no credit for any of the funding successfully secured
as the conflict of interest means I don't take part in the decision-making when St Clare's is
being discussed, but we are indeed grateful for the Council support over the last 12 months.

GLENCLARE COMMUNITY GROUP
(Private company limited by guarantee without share capitall
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees, Annual Report (Incorporating the Director's Report) continued...
I would also like to thank the Board of Directors for their support during my last year as
Chairperson, and for their Input, direction and experience on a wide range of issues. I will be
stepping down at this AGM in my role as Chairperson, but this is no reflection on the Board or
the hall, as I hope to continue as a Director and as the person behind St Clare'5 Community
Hall Facebook page. Balancing work, Council and family commitments can be challenging at
times, so l am happy to welcome another Chairperson at this AGM. I wish my successor best
wishes for the future and look forward to workinR with them in the forthcominR year.
Going Concern
After making appropraite enquiries, the trustees have a reasonable expectation that the
company has adequate resources to continue in operational existence for the foreseable
future. For this reason they continue to adopt the going concern basis in preparing the
financial statements. Further details reguarding the adoption of the going concern basis can be
found in the Accounting Policies.
Financlal Review
The results for the year ended 31 December 2024 are set out on pages 8 and 9 of the financial
statements.
The total income for the year ended 31 December 2024 amounted to £66,109 {2023: £42,679).
The total expenditure was £43,69012023.. £51,038)
The Trustees consider that the unrestricted funds of the charity is sufficient and adequate to
fulfil their obligations. The charity held £23,728 in reserves at the year end {2023.. £9,953).

GLENCLARE COMMUNITY GROUP
(Private company limited by guarantee without share capital)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
OR THE YEAR ENDED 31 DECEMBER 2024
Trustees. Annual Report (Incorporating the Director's Report) continued...
Reserves Policv
The income of the Company is considered adequate and the risks associated with any
significant reduction in income is regarded as unlikely. The Trustees are satisfied with the
current level of reserves at the present time. The Trustees are reviewing the Reserves Policy
in the current year.
Trustees, responsibilities Statement
The Trustees (who are a150 directors of Glenclare Community Group for the purposes of
company law) are responsible for preparing the Trustees, report and the financial statements
In accordance with applicable law and United Kingdom Accounting Standard {United Kingdom
Generally Accepted Accounting Practice}.
Company law requires the trustees to prepare financial statements for each financial year.
Under company law the Trustees must not approve the financial statements unless they are
satisfied that they give a true and fair view of the state of affairs of the charitable company
and of the income resources and application of resources, including the income and
expenditue of the charitable company for that period. In preparing these financial
statements, the Trustees are required to:
select suitable accounting policies and then apply them consistently
obsen4e the methods and principles in the Charities SORP;
make judgments and accounting estimates that are reasonable'and prudent;
prepare the financial statements on the going concern basis unless it is
inappropriate to presume that the charitable company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to
show and explain the charitable company's transaction and disclose with reasonable accuracy
at any time the financial position of the charitable company and enable them to ensure that
the financial Statements comply with the Companies Act 2016. 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.
This report was approved by the Trustees, on 02/0912025 and signed on behalf by.
0210912025
Claire Kemp
Trustee
Date

GLENCLARE COMMUNITY GROUP
(Private company Ilmited by guarantee without share capital)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GLENCLARE COMMUNITY GROUP
I report on the financial statements of the company for the year ended 31 December 2024 which
are set out on pages 8 and 9.
This report is made solely to the company's Trustees, as a body in accordance with section
65{31{a) of the Charities Act Northern Ireland 2008 and regulations made under Section 66 of the
Act. My work has been undertaken so that I might state to the company's Trustees those matters
l am required to state to them in an Independent examiner's report and for no other purpose. To
the fullest extent permitted by law, I do not accept or assume responsibility to anyone other
than the company and the company's Trustees as a body, for my work of this report.
Respectlve responsibilities of trustees and examiner
As the company's Trustees {and also the director5 of the company for the purpose of company
lawl you are responsible for the preparation of the financial statements in accordance with the
requirments of the Companie5 Act 2006. Having satisfied myself that the company is not Subject
to audit under company law, and is eligable for Independant examination.
It is my responsibility to:
examine the accounts under section 65 of the Charities Act
follow the procedures laid down in the general Directions given by the Commission under
section 65{9)Ib) of the Charities Act
state whether particular matters have come to my attention.
Basis of Independent Examiner's report
I have examined your charity accounts as required under section 65 of the Charities Act and my
examination was carried out in accordance with the general directions given by the Charity
Commission for Northern Ireland under section 65{9)Ib} of the Charities Act.
My examination included a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It was also included consideration of
any unusual items or disclosures in the accounts, and seeking explanations from you as charity
trustees concerning any such matters.
Independent examinerfs statement
My role is to state whether any material matters have come to my attention giving me cause to
believe:
That accounting records were not kept in accordance with section 63 of the Charities Act
That the accounts do not accord with those accounting records
That the accounts do ￿0t comply with the accounting requirements of the Charities Act
That there is further information needed for a proper understanding of the accounts to be
reached.

GLENCLARE COMMUNITY GROUP
(Private company limited by guarantee without share capital)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GLENCLARE COMMUNITY GROUP
CONTINUED...
I have completed my examination and have no concerns in respect of the matters {1) to (4) listed
above and, in connection with following the directions of the Charity Commission for Northern
Ireland, I have found no matters that require drawing to your attention.
ony Clarke
Clarke&Co. Accountants
53 Ander50nstown Road
Belfast
BTII 9AG
Date:

GLENCLARE COMMUNITY GROUP
(Private company limited by guarantee without share capital)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
STATEMENT OF FINANCIAL AcfiviTIES INCORPORATING THE INCOME AND EXPENDITURE
ACCOUNT
Year to
Unrestricted Restrlcted 31-Dec-24
Funds
Funds
TOTAL
Year to
31-Dec-23
TOTAL
Note
Income from:
Donations and Legacies
Charitable Activities
22,507
22,507
43,602
16,987
44,755
43,602
Total Income
43,602
22,507
66.109
61,742
Expenditure on..
Charitable Activities
39,070
4,620
43,690
51,627
Total Expenditure:
39,070
4,620
43,690
51,627
Net incomellExpenditure)
4,532
17,887
22,419
10,114
Transfers between funds
10,524
(10,524)
Net movement in funds
15,056
7,363
22,419
10,114
Reconciliation of Funds
Total funds brought forward
12
15,855
4,212
20,067
9,953
Total Funds carried forward
11
30,912
11,575
42,486
20,067
The statement of financial activities includes all gains and losses recognised in the year.
All incoming resources and resources expended derive from continuing activitie5.
The statement of financial activities also complies with the requirements for an income and
expenditure account under the Companies Act 2006.
The notes on page 10 to 16 form an integral part of these accounts

GLENCLARE COMMUNITY GROUP
{Private company limited by guarantee without share capital)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
BALANCE SHEET
As at 31 December 2024
2024
2023
Note
Fixed Assets
Tangible Assets
15
15,367
15,367
1,875
1,875
Current Assets
Debtors
Cash at bank
27,360
27,360
18.433
18,433
Liabllltles
Creditors: amount5 fallin8 due within one yeai
10
{2401
{2401
Net Current Assets
27,120
18,193
Net assets
42,486
20.067
Funds
Restricted
Unrestricted
11,575
30,912
4,212
15,855
TOTAL FUNDS
11
42,486
20,067
The company is entitled to the exemption from the audit requirement contained in section 477 of the
Companies Act 2006, for the year ended 31 December 2024.
The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records
which comply with section 386 of the Act and for preparing financial statements which 8ive a true and falr
view of the state of affairs of the compa ny a5 at the end of the financial year and of its incoming resources
and application of resources, including its income and expenditure, for the financial year 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 company.
The members have not required the company to obtain an audit of its financial statements for the year in
question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies
subject to the small companies regime.
The financial Statements were approved by the board directors on 0210912025 and were signed on their
behalf bv..
Claire Kemp
Trustee
The notes on page 10 to 16 form and integral part of these accounts

GLENCLARE COMMUNITY GROUP
(Prlvate company limited by guarantee without share capital)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS
l Accounting policles
Charity information
Glenclare community Group e is a private company limited by guarantee incorporated in Northern
Ireland. The registered office is: St Clare's Community Hall 55 Chapel Road, Glenavy, Crumlin,
Antrim, Northern Ireland, BT29 4LY
1.1 Accounting convention
The accounts have been prepared in accordance with the charity's governing document, the
Companies Act 2006 and "Accounting and Reporting by 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 (FRS 102) {as amended for
accounting period5 commencing from l January 2019). The charity is a Public Benefit Entity as
defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102
Update Bulletin I not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currenoi of the charity.
Monetary amounts in these financial statements are rounded to the nearest E.
The financial statements have been prepared under the historical cost convention, modified to
include the revaluation of freehold properties and to include investment properties and certain
financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Golng concern
At the time of approving the financial statements, the trustees have a reasonable expectation that
the charity has adequate resources to continue in operational existence for the foreseeable
future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the
financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their
charitable objectives unless the funds have been designated for other purposes.
Restricted funds are subject to specific conditions by donors as to how they may be used.
1.4 Incoming resources
Income is recognised when the charity is legally entitled to it after any performance conditions
have been met, the amounts can be measured reliably, and it is probable that income will be
received.
10

GLENCLARE COMMUNITY GROUP
(Private company limited by guarantee without share capital)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS CONTINUED...
1.4 Incoming resources (continued)
Cash donations are recognised on receipt. Other donations are recognised once the charlty has
been notified of the donation, unless performance conditions require deferral of the amount.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the time of the donation.
Turnover is measured at the fair value of the consideration received or receivable and represents
amounts receivable for goods and services provided in the normal course of business, net of
discounts, VAT and other sales related taxes.
1.5 Resources expended
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits will
be required in settlement and the amount of the obligation can be measure reliably.
Expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all cost related to the category.
The charity is below the charity audit threshold and therefore 15 exempt from reporting
expenditure on an activity basis. The charity has opted to report by the nature of expenditure
rather than on an activity basis.
1.6 Tangible fixed assets
Tangible fixed a55ets are initially measured at cost and subsequently measured at cost or
valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of a55ets less their residual
value5 over their useful lives on the following bases:
Fixtures and Fittin8S
Computers
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term
liquid investments with original maturities of three months or less, and bank overdrafts. Bank
overdrafts are shown within borrowings in current liabilities.
1.8 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and
Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes
party to contractual provisions of the instrument.
Financial assets and liabilities are offset, with 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
11
15Yo on cost
20Yo on cost

GLENCLARE COMMUNITY GROUP
IPrivate company limited by 8uarantee without share capital)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS CONTINUED...
1.9 Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using
the effective interest method 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. Financial assets classified as receivable within one year are not amortised.
1.10 Basic flnancial liabilitles
Basic f inancial liabilities, including creditors and bank loans 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 payments discounted at a market rate of interest.
Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate
method.
Trade creditors are obligations to pay for goods or services that have been acqulred in the
ordinary course of operations from suppliers. Amounts 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 creditors are recognised initially at transaction price and subsequently measured at
amortised cost using the effective interest method.
1.11 Derecognition of financlal liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are
discharged or cancelled.
1.12 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's
services are received.
Termination benefits are recognised immediately as an expense when the charity is
demonstrably committed to terminate the employment of an employee or to provide termination
benefits.
1.13 Critical accounting estimates and judgements
In the application of the charity's accounting policies, the trustees are required to make
judgements, estimates and assumptions about the carrying amount of assets and liabilities that
are not readily apparent from other sources. The estimates and associated assumptions are based
on historical experience and other factors that are considered to be relevant. Actual results may
differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to
accounting estimate5 are recognised in the period in which the estimate is revised where the
revision affects only that period, or in the period of the revision and future periods where the
revision affects both current and future periods.
12

GLENCLARE COMMUNITY GROUP
(Private company limited by guarantee without share capital)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS CONTINUED...
2 Income from Donations and Le
acies
2024
2023
Unrestrirted Restricted
Funds
Funds
TOTAL
TOTAL
Grants
Totals 2024
22,507
22,507
22,507
22,507
16,987
16.987
Totals 2023
16,987
16,987
3 Income from Charltable Activities
2024
2023
Unrestricted Restricted
Funds
Funds
TOTAL
TOTAL
Donations
Programme
Rental Income
Entertainment/ Hospitality
Gift Aids/ Refunds
Totals 2024
S,152
S,152
4,772
411
21,955
14,863
2,753
44,755
25,733
12,717
25,733
12,717
43,602
43,602
Totals 2023
44,755
44,755
4 Staff Costs and Numbers
2024
2023
Gross Wages and Salaries
22.531
22.531
19,066
19,066
No employee received emoluments of more than £60,000 (2023: Nil)
The average monthly number of employees during the year, calculated on the basis of full time
equivalents, was as follows..
2024
Number
2023
Number
S Related art transartions
During the year the charity received a loan from one of the trustees.
13

GLENCLARE COMMUNITY GROUP
(Private company limited by guarantee without share capital)
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS CONTINUED...
6 Ex
enditure
2024
2023
Charitable Activities
Unrestricted Restricted
Funds
Funds
TOTAL
TOTAL
Building costs
Repairs & Renewals
Programming Costs
Off ice Expenditure
Power Nl & Water rates
Heat & Light
Bank fees
Insurance
Volunteer Costs
Salarv
Training and Equipment
Donations
Accountanoi
Depreciation
Totals 2024
304
5,929
3,325
1,764
5,845
2,920
171
966
265
19,066
6,421
200
480
3,972
51,627
367
4,612
2,076
354
1,785
187
1,505
2,000
436
2.367
5,048
2,076
2,538
1,785
187
1,505
2,184
22,531
22.531
157
157
5,497
39,070
5,497
43,690
4,620
Totals 2023
37,992
13,635
51,627
7 Trustees remuneratlon & ex
enses
During the year, no Trustees received any remuneration {2023 - £NIL).
During the year, no Trustees received any benefits in kind12023 - £NIL).
During the year, no Trustees received any reimbursement of expenses (2023 - £NILI.
8 Debtors
2024
2023
Grants Receivable
Prepayments
9 Inde
endent examiner's remuneration
Our fees for this Independent Examination is £240. {2023 - £240>
14

GLENCLARE COMMUNITY GROUP
{Private company limited by guarantee without share capitall
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS CONTINUED...
10 Credi
ors.. amounts fallin
due within one
ear
2024
2023
Loan
Other Creditors
240
240
240
240
11 Statement of funds- current
ear
Balance
atljan
2024
Balance at
31
December
2024
Transfer
in/out
Income
Expenditure
Restrlrted funds
LCCC
A5da'
Daerra
Total restrirted funds
4,212
4,620
16,100
1,787
22,S07
14,620) 14,212)
16,312)
9,788
1,787
11,575
4,212
14,620) (10,524)
Unrestrlcted funds
General funds
Total Unrestrlrted funds
15,855
15.855
43,602
43,602
139,070)
(39,070)
10,524
10,524
30,912
30,912
Total of funds - current year
20,067
66,109
(43,690)
42,486
£6,312 added to asset5, transferred to Unrestricted funds where it will depreciated in line with the
depreciation policy noted on page 11.
12 Statement of fund -
rlor
ear
Balance
atljan
2023
Balance at
31
December
2023
15,855
4,212
20,067
Income
Expenditure
Transfer
in/out
Total unrestricted funds
Total restricted funds
Total of funds - prior year
9,093
860
9,953
44,755
16,987
61,742
{37,9921
13,635
(51,627)
15

GLENCLARE COMMUNITY GROUP
{Private company limited by guarantee wlthout share capitall
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
141Tan
ible Fixed Assets
Fixtures &
Fittin
ui
ment
Total
COST
At l January 2023
Additions
Disposals
At 31 December 2024
15,727
11,362
2,035
7,628
17.762
18.990
27,089
9,663
36,752
DEPRECIATION
At l January 2024
Charge for the year
Eliminated on disposal
At 31 December 2024
14,260
3,565
1,628
1,933
15,888
5,497
17,824
3,561
21,385
NET BOOKVALUE
At 31 December 2023
1,467
407
1,876
At 31 December 2024
9,265
6,102
15,367
16