DUNGANNON SUB-AQUA CLUB
{INCORPORATING MID-ULSTER SEARCH & RECOVERY UNIT)
NORTHERN IRELAND CHARITY No NIC102776
REPORT IlND FINANCIAL STATEMENTS
FOR THE 12 MONTH PERIOD ENDED 31 AUGUST 2022
McDonald O'INeill & Co.
Chartered Accountants
5 Union Buildings
Union Place
DUNGANNON
BT70 IDL

DUNGANNON SUB-AQUA CLUB
(INCORPORATING MID-ULSTER SEARCH & RECOVERY UNIT)
I,NDEX TO TFIE FINANCI.AL STAI'LNIF.N'TS
FOR'fHE 12-LIION'I'H PERIOD ENDED 31 ,ILTC,LS'I' 20?2
GENERAL INFORMATION.,.............................................,..................................................................
TRUSTEES REPORT.....,....................................................................................................,...................
INDEPENDENT EXAMINER'S REPORT,......................,....,..,.,..,..,,,..,,..................................,....,..,.,..
SUMMARY tNCOME& EXPENDITURE ACCOUNT,,..,....,..,...............................,..,.,.,....,..,,...........
BALANCE SHEET AS AT 31 AUGUST2022...,.,.,..,......................,...,...,............,............................,.,
NOTES TO THE FINANCIAL STATEMENTS FOR THE 12 MONTHS TO 31 AUGUST 2022.......
McDonald O'Neill & Co.
Chartered AccouAtants

DUNCANNON SUB-AQUA CLUB
(INCORPORATING IlllD-ULSTER SEARCH & RECOVERY UNIT)
GENERAL INFORIIIATION
Trustees
Mr Fnda Daly (Chairperson)
Mr Damian O'Donnell
Mrs Audrey Brady
Administrative address
15 Derylappin Road
Brantry
DUNGANNON
Co Tyrone
BT70 ILS
Accountants
McDonald O'Neill & Co.
Chartered Accountants
5 Unioii Buildings
Uiiion Place
DUNGANNON
Co. Tyrone
BT70 IDL
Bankers
Danske Bank
S Market Square
DUNGANNON
BT70 IAB
Charity Number
NIC102776
Inland Revenue Tax Ref.
N100415
McDonald O'Neill & Co.
Chartered Accountants

DUNGANNON SUB-AQUA CLUB
(INCORPORATING MID-ULSTER SEARCH & RECOVERY UNIT)
TRUSTEES REPORT
Structure, Governance & Management in Northern Ireland
The charity was established in Northcrn Ireland in 2003.
The current Trustees and members of the Committee are:_
Mr Enda Daly (Chairperson)
Mr Damian O'Donnell
Mrs Audrey Brady
Charitable Status
The Cliib has been accepted as a charity for tax purposes by the HM Revenlie and Customs.
The HMRC refcrence number is: .
N100415
Thc Club has bccn registered with thc Charity Commission for Northern Trcland from 3rd Jiine
2015 under tlie Charity number'.-
NIC102776
Statement of Compllance
In setting our objectives and planning our activities for the year tlie trustees have given careful
consideration to the Charity CoiThnission for Northern Ireland's guidance on public benefit to
ensure that the activities have helped to achieve the charity's purposes and provide a benefit to
the beneficiaries.
Principal Activities
Dungannon Sub Aqua Club is an all-inclusive amateur sports club incorporating a
search and recovery rescue unit, governed by the Irish Undenvater Council (CFT).
Tlie Club was established to:_
Promote, facilitate and support the improvement of fitness Icvels of our mcmbers.
Support the development of new skills such as scuba diving, snorkeling and first aid,
while encouraging awareness and respect for the aquatic eiivironment.
MeDonald O'Neill & Co.
Chartered Ae¢ountants

DUNCANNON SUB-AQUA CLUB
(INCORPORATING MID-ULSTER SEARCH & RECOVERY UNIT)
Provide vital assistance to the Civil Authorities on the rescue and recovery of missing
persons.
Assist in the protection and preservation of the marine environinent including the
Inanagement of regular coastline cleanup operations.
Provide assistance to Sea Search Ireland which is actively involved in the logging,
identification and preservation of all marine life.
Educate youth groups froni socially and financially deprived backgrounds by offering
prograins, enabling them take part in sport while improving fitness and social skills.
The Club's objectives for the 2022 year were to continue to encourage member
progression throiigh the various diving grades with the possibility of achieving
instructor level. We also encouraged our new members to becorne involved in search
and rcscuc and takc part in training cxercises. In thc 2023 ycar, wc hope to continuc to
encourage member progiession through the various diving grades and become
involved in water based enviroNDental issues.
We again successfully fulfilled tlie niinimuni searcli and rescue exercises as required
by our govcrning body thc Irish Underwater Council (CFT) to rcmain on thcir Scarch
and Recovery register.
Financial Review
The Trustees have a proCedi￿e in place to review the accounts annually.
The charily's accolints will be prepared each year to 31 August. These accoimts cover the year
to 31 August 2022 and reveal a surplus of £1,792.
Risk Management
Thc Trustecs arc aware of the risks to which the charity may be exposed. A formal risk
assessment process and strategies for dealing with identified risk areas is being fonnalised.
SIGNED:
DATE: .....I.¥..
Trustee
SIGNED:
Trustee
McDoThald O'N¢ill & Co.
Chartered Accountants

DUNGANNON SUB-AQUA CLUB
(INCOIU)ORATING MID-ULSTER SEARCH & RECOVERY UNIT)
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF DUNGANNON SUB-AQUA CLUB
We report to the charity trustees on our eX￿ni￿atIOn of the accounts for the year ended 31
August 2022 which are set out on pages 7 to 9.
Respective responsibilities of trustees and examiner
As the charity trustees you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Act (Northcrn Ireland) 2008.
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. and
state whether particular matters have come to our attention.
Basis of independent examiner's report
We have cxamined your cliarity accounts as requircd undcr scction 65 of the Charities Act and
our examination was carried out in accordance with tlie general Directions given by the
Charity Coinmission for Northern Ireland under section 65(9)(b) of the Charities Act.
Our cxamination included a review of thc accounting records kcpt by the charity and a
comparison of the accounts presented with those records. It also includes consideration of any
unusual items or disclosures in the accounts, and secking explanations froni you as charity
trustees concerning any sucli matters.
Our role is to state whether any material matters have come to our attention giving us cause to
believe..
l. That accounting records were not kept in accordance with section 63 of the Charities
Act
2. That the accounts do not accord with those accounting i'ecoi'ds
3. That the accounts do not comply with the accounting reqiiirements of the Charities
Act
4. That there is furthcr information needed for a proper understanding of the accounts to
be reached.
Independent examiner's statement
W¢ havc completed our exarnination and have no concerns in respect of the matters ( l ) to (4)
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.
MCDONALD O'NEILL & CO
Chartered Accountants
S Union Buildings
Union Place
Dungannon
Co. Tyrone
Date.. 31 May 2023
McDonald O'Neill & Co.
Chartered Accountants

DUNGANNON SUB-AQUA CLUB
(INCORPORATING MID-ULSTER SEARCH & RECOVERY UNIT)
SUMMARY INCOME & EXPENDITURE ACCOUINT
FOR THE YEAR ENDED 31 AUGUST 2022
2022
2021
INCOME
Membersliip Subscriptions
Release of Grant
Revenue Grant
Donations
Bank Iiiterest
1,330
599
1,200
710
5,000
Total Income
6,930
1,915
EXPENDITURE
Swimming pool hire
Diviiig Equipinent maintenance
Boat fucl aiid cxpcnscs
Insurancc
Motor running expenses
Advertising
Accounts & Professional
Genci'al
Depieciation - Boat
Depreciation - Diving Equipnient
Depreciation - Motor Vehicles
758
220
73
295
1,540
175
438
192
538
773
174
438
633
575
232
5,103
1,951
Financial Expenses
Bank chargcs
35
20
Total Expenses
5,138
1,971
SURPLUS/(DEFICTT) OF TNCOME OVER EXPENDITURE
1,792
(56)
We approve the financial stateinents which comprise the Income & Expenditure Account,
Balancc Shcct and Notes. We acknowledge our responsibility for the financial staterncnts,
including the appropriateness of the accounting policies, and for providing McDonald
O'Neill & Co. with all information and explanations necessary for their compilation.
SIGNED:
DATE.. ..2-.T... . ... .... .... ....
Trustee
SIGNED:
DA'IE: ..2l.-. ..o.¢2.-_..2.3.....
Trustee
McDonald O'IN'eill & Co.
Chartered Accountants

DUNGANNON SUB-AQUA CLUB
(INCORPORATING MID-ULSTER SEARCH & RECOVERY UNIT)
BALALNCE SHEET AS AT 31 AUGUS'f 2022
Notes
2022
2021
FIXED ASSETS
Equipment
10,527
9,454
CURRENT ASSETS
Bank Accounts
Other Debtors
4,094
3,974
4,094
3,974
CURRENT LIABILITIES
Creditor) & Accriials
(450)
(450)
NET CURRENT ASSETS
3,644
3,524
DEFERRED CREDIT
(3,560)
(4,159)
TOTAL ASSETS
10,611
8,819
Represented By:
Funds at start of" the year
Surplus/(Deticit) for year
8,819
1,792
8,875
(56)
FUNDS BALANCE
10,611
8,819
McDonald O'Neill & Co.
Chartered Accountants

DUNGANNON SUB-AQUA CLUB
{INCORPOIL4TING MID-ULSTER SEARCH & RECOVERY UNIT)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 12 MONTHS TO 31 AUGUST 2022
I. FIXED ASSETS
Diving
Equipment
Boat &
Accessories
Motor
Vehicles
Total
Opening Cost/Valuation
Additions
11,456
2,558
12,659
1,650
25,765
2,558
At 31 August 2022
14,014
12,659
1,650
28,323
Depreciation
Opening
Charge lor year
6,284
773
9,073
538
954
174
16,3ll
1,485
At 31 August 2022
7,057
9,611
1,128
17,796
Wrilten Down Value
6,957
3.048
522
10,527
Dcpreciation is provided at rates calculatcd to writc off the cost or valuation Icss residual
value of each asset over its expected useful life, as follows..
Diving Equiprnent
Boat & Accessories
Motor Vehicle
IOO/o Reducing Balaiice
150/0 Reducing Balancc
25 % Rediicing Balance
2. DEFERRED CREDIT
The Club received assistance from Mid Ulster Council towards the cost of a Club Boat.
Diving Equipment and Motor Vehicle. The grants are being released over the expected life of
cach asset.
2022
2021
Opening Balance
Assistance received
Released Year Ended 31 August 2022
4,159
4,869
(599)
(710)
Balance at 31 August 2022
3,560
4,159
3. CHARITY COMMISSION
The Club has been registered as a Charity by the Charity Commission for Northcrn
Ireland with effect from June 2015. The Club has been registered with HMRC as a
Charity.
McDonald O'Neill & Co.
Chartered Accountants