COMPANY REGISTRATION NUMBER: N1625831
CHARITY REGISTRATION NUMBER: NIC102750
Aghanloo Community Association
Company Limited by Guarantee
Unaudited Financial Statements
31 July 2018
DONALDSON & THOMPSON LTD
Chartered Accountants
101 Irish Green Street
Limavady
BT49 9AA

Aghanloo Community Association
Company Limited by Guarantee
FinanGial Ststements
Year ended 31 July 2018
Page
Trustees, annual report (incorporating the directorfs report)
Independent examinevs report to the trustees
ststement of financial activities (including income and
expenditure account)
ststement of financial position
Notes to the financial statements

Aghanloo Community Association
Company Limited by Guarantee
Trustees, Annual Report {Incorporating the Director's Report}
Year ended 31 July 2018
The trustees, who are also the directors for the purposes of company law, present their report and the
naudited financial statements of the charity for the ye8r ended 31 July 2018.
Reference and administrative details
Registered charity name
Aghanloo Community Asswiation
Charity registration number
NIC102750
Company registration number N1625831
Principal office and registered The Community Centre
office
31 Aghanloo Road
Limavady
BT49 OHY
The trustees
Mr J Thompson
Mr E Stevenson
Mr l Martin
Mrs E Scott
Mrs R Savage
Independent examiner
Donaldson & Thompson Ltd
101 Irish Green Street
Limavady
BT49 9AA
structure, govemance and management
The organis8tion is a charitable company limited by guarantee, incorporated on 25th July 2014.
a￿pIed as a charity by HM Revenue & Customs, reference N100620 and registered with the Charity
Commission for Northern Ireland on 22nd April 2016, charity number NIC102750. The company was
incorporated under a Memorandum of Association which established the objects and powers of the
charitable company and is goveined under ils Articles of Association. In the event of the company
being wound up members are required to contribute an amount not exceeding £10.
Objectives and activities
Aghanloo Community Association serves the Rural Comrnunily Df Aghanloo and surrounding areas with
the provision of a community centre which facilitates activities for children. young people. those with
mental health, socially isolated, families and older persons. The association aims to provide a secure,
safe environment for those living within the rural area for community engagement, education, training
and social icultural aclivilies. Aghanloo Community Association is a community hub which aims to
provide. facilitate and support ils local residents and meet the needs of the rural community in which it is
situated.

Aghanloo Community Association
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (conllnu8d)
Year ended 31 July 2018
Achièvements and performance
The charity currently runs dance classes, facilitate Woman's Instilule, charity events, children's summer
scheme and workshops, educational workshops and classes and adult social even15. The property is
also hired out to local religious groups for events and functions and provided lo residents of the
Aghanloo area and SUTrounding district for recreational purposes.
Flnanclal revlew
The results forthe year are contained in the financial statements attached. The current year defK¢t has
occurred owng to a reduction in amounts received from major funders.
Small company provlslons
This report has been prepared in accordants with the provisions applicable lo companies enif(led to the
small companies exemption.
The trustees. annual report was approved on 4 October 2018 and signed on behalf of the board of
trustees by..
Mr J Thompson
Trustee

Aghanloo Community Association
Company Limited by Guarantee
Independent Examinevs Report to the Trustees of Aghanloo Community
Association
Year ended 31 July 2018
I report lo the trustees on my exarninalion of the financial slalemenls of Aghanloo Community
Association I'lhe charity'} for the year ended 31 July 2018.
Responsibilities and basis of report
As the trustees of the company (and also ils directors for the purposes of company lawl you are
responsible for the preparation of the financial statements in accordance with the requiiefflenls of
Charities Act (Northern Ireland) 2008 Ilhe'2008 Act'l and the Companies Act 2006 ('Ihe 2006 Act'l. You
S￿ satisfied that the accounts of the company are not required by charity or company law lo be audlted
and have chosen instead lo have an independent examination.
Having satisfied myselflhat the accounts ofthe company are not required to be audited under Part 16 of
the 2006 Act and are eligible for independent examination, I report in respect of my examination of the
charily's financial slalemenls as carried out under section 65 of the 2008 Act_ In carrying out my
examination I have followed the general Directions given by the Charity Commission for Northern
Ireland under section 6519llbl of the 2008 Act.
Independent examinerfs statement
I have completed my examination. I confirm that no matters have Come lo my attention in connection
wlh my examination giving me cause to believe that in any material respect-
accounting records were not kept in respect of the charity as required by section 386 of the
2006 Act,. or
the financial slalemenls do not accord with those records., or
the financial stslements do not Comply ¥Arith the accounting requirements of section 396 of the
2006 Act other than any requirement that the accounts give a 'lrue and fair, view which is not
a matter consldered as part of an independent examination; or
the financial stslemenls have not been prepared in accordance wlh the methods and
principles of the Statement of Recommended Practice for accounting and reporting by
charities applicable to charities preparing their a¢¢ounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021.
I confim that there are no other matters to which your attention should be drawn lo enable a proper
understanding of the accounts lo be reached.
Donaldson & Thompson Ltd
Independent Examiner
101 Irish Green Street
Limavady
BT49 9AA
4 October 2018

Aghanloo Community Association
Cornpany Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account
Year ended 31 July 2018
2018
Restricted
funds Totsl funds
2017
Unrestricted
funds
Total fund8
Note
Income and endowments
Donations and legacies
Charitable activities
Investment income
128,625
17.188
12
5.486
12
1,720
7.206
12
Totsl income
5.498
1,720
7.218
145.825
Expenditure
Expenditure on charitable actlvittes
Total expenditure
6,988
5,245
12,233
15,338
15.338
6.988
5,245
12.233
Net lexpendlturellincome
{1,4901
13,5251
15.0151
130,487
Transfers be￿een funds
{3,3801
3,380
Net movement In funds
{4,8701
1145)
{5,0151
130,487
Reconcillatlon of fund$
Total funds brought fotward
Total funds carried forward
131,472
145
131.617
1,130
126,602
126.602
131.617
The st2temenl of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 6 to 13 forni part of these financlal statements.

Aghanloo Community Association
Company Llmlted by Guarantee
ststement of Flnancial Position
31 July 2018
2018
2017
Note
Flxed assets
Tangible fixed assets
14
116,473
119,191
Current assets
Cash al bank and in hand
11,359
14,046
Credltors: amounts falllng due withln one year
Net current assets
15
1,230
1.620
10,129
12.426
Totsl assets less current liabilities
126,602
131.617
Net assets
126.602
131,617
Funds of the charlty
Restricted funds
Unrestricted funds
145
131,472
126,602
Totsl charity fLsnds
16
126.602
131,617
For the year ending 31 July 2018 the charity was entitled to exemption from audit under section 477 of
the Companies Act 2006 relating lo small companies.
Directors. responsibilities..
The members have not required the company to obtain an audit of ils financial slalements for the
year in question in accordance with section 476..
The directors acknowledge their responsibilities for complwng with the requirements of the Act with
respect to accounting records and Ihe preparation of finanaal stalemenls.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject lo the small companies, regime.
These financial statement5 were approved by the board of trustees and aulhoTised for issue on 4
Othber 2018. and are signed on behalf of the board by..
Mr J Thompson
Trustee
Mr E Stevenson
Trustee
The notes on pages 6 to 13 form part of these financial statements.

Aghanloo Community Association
Company Limited by Guarantse
Notes to the Financial Statements
Year ended 31 July 2018
General information
The charity is a public benefit entity and a Private company limited by guarantee. Tegislered in
Northem Ireland and a registered charity in Northern Ireland. The address of the registered office is
The Comrnunily Cenlre. 31 Aghanloo Road, Limavady, BT49 OHY.
Statement of ¢ompllan¢e
These financial statemen15 have been prepaied in ¢ompliance with FRS 102, The Financial
Reporting Standard applicable in the UK and the Republic of Ire18nd', the Slalemenl of
Recommended Practice applicabte lo charities pieparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of IreSand (FRS 1021 {Charilies
SORP (FRS 1021} and the CDmpaniesAd 2006.
Accountlng policies
Basis of preparatlon
The financial slalemenls have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured al fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entrf(y.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial stslements requires management to make judgements, estimates
and assumptions that affect the amounts reported. These eslimales and judgements are
continually reviewed and are based on experience and other factors, including expectations of
future events that are believed lo be reasonable under the ¢ir¢umstan¢es.
Fund accounting
Unrestricted funds are available for use at the discreli¢)n of the trustees lo further any of the
haritys purposes.
Designated funds are unrestricted funds eam)arkecl by the trustees for particular future project or
commitment.
Reslricled funds are subjected to reslriclions on their expendrture declaretl by the donor or through
the terms of an appeal, and fall into one of￿0 sub-dasses.. restricted income funds or endowment
funds.

Aghanloo Community Association
Company Limited by Guarantee
Notes to the Financial Statements fcontlnu
Year ended 31 July 2018
Accounting pollcles f¢ontynuedJ
Incoming resources
All incoming resources are included in the staternenl of finanaal activities when entitlement has
passed lo the charity., it is probable that the economic benefits associated with the transaction wll
flow lo the charity and the amount can be reliably measured. The following specific policies are
applied lo particular categories of income..
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and ils amount can be measured rellably.
legacy income is recognised when re￿ipt is probable and enlillemenl is established.
income from donated goods is measured al the fair value of the g¢)ods unless this is
irnpractical lo measure reliably, in which case the value is derived from the Cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the accounts
when received if the value Can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a Contradual
requirement for it to be spent on a particular purpose and returned rf unspent. in which case11
may be regarded as restricted.
Resources expended
Expenditure is recogllised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings ofthe ststement of financial
activities to which il relates".
expenditure on raising funds indudes the costs of all fundraising aclivilie5. events.
non-charitable trading aclivilies, and the sale of donated goods.
expenLlituie on charitable activities includes all cost5 incurred by a charity in undertaking
activities that further its charitable aims for the benefit of ils beneficiaries, including those
support costs and costs relating to the g0Veman￿ of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of ils expenditure on charitable activities.
All costs are allocated lo expenditure categories refleclirrfJ the use of the resource. Direct costs
attributable lo a single activity are allocated dire¢lly to that activity. Shared costs are apportioned
between the aCtiv￿leS they contribute to on a reasonable, juslifiable and consistent basis.
Tanglble assets
Tangible assets are initially recorded at C051. and subsequently slated at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts
are recorded al the fair value at the dale of ievalualion less any subsequent a¢cLJmulaled
depreciation and subsequent a¢cumul*ed impalrmenl losses.

Aghanloo Community Association
Company Limited by Guarantee
Notes to the Financial Statements (conlthuedj
Year endod 31 July 2018
ACCOUn￿ng pollcles {continued)
Tangible assets (conlinuod)
An increase in the carrying amount of an asset as 8 ￿sU11 of a ￿ValUatiOn. is recognised in other
recognised gains and losses, unless il reverses a charge for impaimienl that has previously been
recognised as expenditure within the slalemenl of finanaal aclivilies. A deuease in the carying
amount of an asset as a result of revaluation. is recognised in other Tecognised gains and losses.
except to which il offsets any previous revaluation gain. in which case the 105S IS shown within
other recognised gains and losses on the statement of financial activities.
Depreclatlon
Depreciation is calculated so as lo write off the wst or valuation of an asset, less ils residual value,
over the useful economic life of that asset as follows-
Freehold property
Fixiures and fittings
2% straight line
20Yo reducing balance
Impaimient of fixed assets
A review for indicators of impaimient is carried out at each reporting date. with the recoverable
amount being eslimaled where such indicators exist. Where the carrying value exceeds the
coverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal al each reporting dale.
For the purposes of impairment lesling, when il is not possible lo estimate the recoverable amount
of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit
lo which the asset belongs. The Cash-generating unit is the smallest identifiable group of assets
that includes the asset and generates cash inflows that largely independent of the cash inflows
from other assets or groupg of assets.
For impaimient lesling of goodwill, the goodwill acquired in a business combination is. from the
acquisition date. allocated to each of the cash-generating units that are expected lo beneff( from
the synergies of the comblnalion. iffespeclive of whether other assets or liabilities of the charity are
assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes 8 party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs_
Current assets and current liabilf(ies are subsequently measured atthe cash or otherconsideration
expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cos¢.

Aghanloo Community Association
Company Limited by Guarantee
Notes to the Financial Statements (conlynuedj
Year ended 31 July 2018
Accountlng policies (conilnued)
Financial instruments (continued)
Where investments in shares are publicly traded or their fair value Can othetwise be measured
reliably. the investment is sijbsequently measured at fair value with changes in fair value
recognised in income and expenditure. Al other such investments are subsequently measured at
cost less impairment.
Other financial inslrumenls, including derivatives. are initially recognised al fair value. unless
payment for an asset is deferred beyond normal business terms or financed at a rale of interest
that is not a market rate, in which case the asset is measureLI at the present value of the future
payments discounted at a market rale of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised
in the slalement of financial acttvities, with the exception of hedging instruments in a designated
hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of
impairment at the end of each reporting date. If there is objective evidence of impaimenl, an
impaim)ent loss is re¢ognised under the appropriate heading in the slalement of financial activities
in which the initial gain was recognised.
For all equ¢ty instruments regardless of significance, and other financial assets that are individually
Slgnificanl, these are assessed individually for imp8irmenl. Other financial assets are either
assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognisecl immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairrnenl not previously been recognised.
Limited by guarantee
Aghanloo Community Association is a company limited by guarantee and accordingly does not
have a share capital.
Every member of the company undertakes to contribute such amount as may be reqUI￿d not
exceeding £10 to the assets of the charitable company in the event of its being wound up while he
or she is a member, or within one year after he or she ceases lo be a member.
Donatlons and legaclgs
Unrestricted Total Funds Unrestricted Total Funds
Funds
2018
Funds
2017
Donations
Donations
128,625
128.625

Aghanloo Community Association
Company Limited by Guarantee
Notes to the Financial Statements (conunued)
Year ended 31 July 2018
Charltsble actlvltles
Unrestricted
Funds
Reslricled Total Funds
Funds
2018
Other income from charitable activities- Rent
Other income from charitable activities- Grants
Other income from charitable activities- Room hire
Other income from charitable activities- Workshops &
events
2.080
2,080
1,720
1,910
1,720
1,910
1,496
1,496
5,486
1,720
7.206
Unrestricted
Funds
Reslricled Total Funds
Funds
2017
Other income from charitable adivities- Rent
Other income from charitable activities - Grants
Other income from charitable activities - Room hire
Other income from charitable activf(ies- W0￿$hop$ &
events
2.480
2.480
12.575
1.335
12,575
1.335
798
798
4,613
12,575
17,188
Investment Income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2018
Funds
2017
Bank interest receivable
12
12
12
12
Expenditure on charitable activlties by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2018
Cornrnunily ¢enlre
Support costs
5,717
1,271
5,245
10.962
1.271
6,988
5,245
12,233
Unrestricted
Funds
Restricted Total Funds
Funds
2017
Community centre
Support costs
5,546
3,684
6,108
11,653
3,685
15,338
9,230
6,108
10

Aghanloo Community Association
Company Limited by Guarantee
Notes to the Financial Statements (coniinuedj
Year ended 31 July 2018
Expenditure on charitable activities by a￿1vItY type
Activltles
undertaken
directly Support Costs
Total funds
2018
Total fund
2017
Cornmunity centre
Governance costs
10.962
10.962
1,271
11,653
3,685
1.271
10,962
1,271
12,233
15,338
10. Net (expenditureifincome
Net lexpenditurellineome is staled after chargingllcreditingl..
2018
2017
Depreclatlon of langlble fixed assets
2.718
2,798
11. Independent examination fees
2018
2017
Fees payable lo the independent examiner for
Independent examination of the financial statements
1,230
1,620
12. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2018
2017
The average head count of employees during the year was Nil12017.' Nill.
No employee received employee benefits of more than £60,000 during the year {2017.' Nill.
13. Trustee remuneratlon and expenses
No remuneration or other benefi15 from employment with the ¢harity or 8 related enlily were
re￿iVed by the twstees.
11

Aghanloo Community Association
Company Llmited by Guarantee
Notes to the Financial Statements icontinued)
Year ended 31 July 2018
14. Tangible fixed assets
Freehold Fixbjres and
property
fillings
Totsl
Cost
At 1 August 2017 and 31 July 2018
Depreclation
Al 1 August 2017
Charge foT the year
At 31 July 2018
Carrying amount
At 31 July 2018
Al 31 July 2017
120,000
2,971
122,971
2.400
2.400
1,380
318
3,780
2,718
6,498
4,800
1,698
115,200
1,273
116,473
119,191
117,600
1,591
15. Credltors: amounts falllng due within one year
2018
2017
Accruals and deferred income
1,230
1.620
16. Analysis of charltable funds
Unrestricted funds
Al
1 August 2017
At
Transfers 31 July 2018
Income Expenditure
General funds
Designated funds
13.872
117.600
5,498
14,5881
12,4001
16,9881
{3,3801
11,402
115,200
131.472
5,498
(3,3801
126,602
Restricted funds
At
1 August 2017
At
Transfers 31 July 2018
Income Expenditure
Restricted fund5
145
1,720
15,2451
3,380
12

Aghanloo Community Association
Company Limited by Guarantee
Notes to the Detailed Statement of Flnancial Activities
Year ended 31 July 2018
17. Analysts of net assets between funds
Unrestricted Total Funds Totsl Funds
Funds
2018
2017
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
116,473
11,359
11.230}
116.473
11,359
(1,2301
126,602
119,191
14.046
11.6201
131,817
126,602
13