DUNGANNON SUB-AQUA CLUB (INCORPORATING MID-ULSTER SEARCH & RECOVERY UNIT) NORTHERN IRELAND CHARrfY No NIC102776 REPORT AND FINANCIAL STATEMENTS FOR THE 12 MONTH PEIUOD ENDED 31 AUGUST 2025 MeDonald O'Neill & Co. Chart¢red Accountants S Union Buildings Union Plate DUNGANNON BT70 IDL
DUNGANNON SUB-AQUA CLUB NCORP0114TING MID-ULSTER SEARCH & RECOVERY UNIT) INDEX TO THE FINANCIAL STATEMENTS FOR THE 12-MONTH PEIUOD ENDED 31 AUGUST 2025 GENERAL fNFORMATION............................................................................................................ TRUSTEES REPORT....................................................................................................................... INDEPENDENT EXAMtNER'S REPORT...................................................................................... SUMMARY INCOME & EXPENDITURE ACCOUNr................................................................. BALANCE SHEET AS AT 31 AUGUST 2025............................................................................... NOTES TO THE FtNANCIAL STATEMEWtS FOR THE 12 MONTHS TO 31 AUGUST 2025 9 McDon&ld O'Neill & C Chartered ActountsDts
DUNGANNON SUB-AQUA CLUB NCORPORATING MID-ULSTER SEARCH & RECOVERY UNIT) GENERAL INFORMATIOP4 Trnsteo8 Mr Aidan Abernethy (Chairperson) Mr Damian O'Donnell Mrs Audrey Brady Administrative Ydddress 15 Denylappin Road Brantry DUNGANNON Co Tyrone BT70 ILS Accountants McDonald O'Neill & Co. Chartered Accountants 5 Union Buildings Union Place DUNGANNON Co. Tymne BT70 1 DL Bankers Danske Bank 5 Market Square DUNGANNON BT70 IAB Charity Number NIC102776 Inland Revenue Tax Ref. N100415 McDonald O'Neill & C•. Cb*rtered A¢¢ountsDts
DUNGANNOIY SUB-AQUA CLUB NCORPORATING MID-ULSTER SEARCH & RECOVERY UNIT) TRUSTEES REPORT Struclure, Governance & Management in Nortbern Irelalld Th¢ charity w&s established in Northern Ireland in 2003. The current Trustees and tnemttrs of the Committee are".- Mr Aidan Abernethy (Chai4)erson) Mr Damian O'Donnell Mrs Audrey Brady Charitable Status The Club has been accepted &$ a clwity for tax PUTpJses by the HM Revenue and Customs. The HMRC reference number is: . N100415 The Club has ken tegistered with the Charity Commission for Nortbern Ireland from 3rd June 2015 und¢T the Charity number: NtC102776 Stat¢ment of CompliaDce In setting our objectives and planning our activities for the year the ttustees have given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the activities have helped to achieve the eIlty'S purposes and provide a benefit to the beneficiaries. Principal Activities Dung8Jmon Sub Aqua Club is an all-inclusive amateur sports club incorporatillg a Se8h and recovery rescue unil governed by tbe Irish Underwater Council (CFr). The Club was established to: Promo*. facilitate and support the improvement of fithess levels of our members. supp the development of new skiEls such as scuba diving, snork¢ling and first aid. while encouraging awareness and r¢spect for the aquati¢ envirorllnent. McDots#ld O'Ntill & Co. Chlrtered Aecountants
DUNGAIYNON SUB-AQUA CLUB (INCORPORATING MID-ULSTER SEARCH & RECOVERY UNIT) Provide vital &8sistance to the Civil Authorities on the rescue alld recovery of missing persons. Assist in the protection and preservation of the marine environment includlng the mana8¢tnent of regular coastline cleanup operations. Provide assistance to Sea Search Ireland which is tivelY involved in the logging, identification and preservation of all marine life. Educate youth groups from socially and financially deprived backgrounds by offering progranL8, enabling the take part in sport while improving fithess and social skills. The Club's objectives for the 2025 year were to continue to encourage member progression through the various diving grades with the possibility of achieving instructor level. We also encouraged our new members to become involved in search and rescue and tak¢ part in training exercises. In the 2026 year. we hope to continue to encourage member progression through the vario8 diving grades and become involved in water based environmentsl issues. We again successfully fulfilled the minimum search and rescue exercises &s required by our governing body the Irish Underwater Council (CFf) to remain on their Search and Recovery register. Financial Review The Trustees have a procedure in place to review the accowits amiually. The charity's accounls will be prepared each year to 31 Aug$t. These accounts cover the year to 31 August 2025 and reveal a surplu5 of £1.926 Risk Management The Trustees are aware of the risks to which the clwity may be exposed. A fornial risk assessment process and strategies for dealing with identified risk areas is being fonnalised. DATE: 25- L L Trustee SIGNED: Trustee MeDoll&ld O'Neill & Co. Chartered AcrouTrtants
DUNGANNON SUB-AQUA CLUB (INCORPORATIISG MID-ULSTER SEARCH & RECOVERY UNIT) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTELS OF DUNGANNON SUB-AQUA CLUB We rert to the Charity trustees on our examination of the accounts for tbe year ended 31 August 2025 which are set out on pages 7 to 9. Re$pe¢liY¢ responsibilities of trustees aDd examiner As the charity trustees you are responsible for the preparation of the ac¢ounts in accordance wilh the requirements of the Charities Act (Northern Ireland) 2008. It is our responsibility to: examine the accounts und¢r section 65 of the Ctwities Act (Northern Ireland) 2008. follow the procedures laid down in the general DÈrections given by the Charity Commission for Northern Ireland under section 65(9Xb) of tbe Cljarities Act" and state whether particular matters bave come to ow attention. Basis of independent examiner's report We have examined your charity accounts as required under section 65 of the Charities Act and our examination was carried out in accordance with th¢ general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. Our examination included a review of the accounting records kept by the chaTity and a comparison of the accounts presented with those records. It atso includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. Our role is to state whether any material matters have come to our attention giving us cause to Ixli¢v¢: 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 records 3. That the accounts do not comply with th¢ accounting requirements of the Clwities Act 4. That there is further infornmtion ne£ded for a proper understanding of the accounts to be leached. Independent examiner's statemeDt We have compl¢t¢d our examination and have no concerns in respect of th¢ matt¢rs (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 attcntion. LXC(w a, rJeJ MCDONALD O'NEILL & CO Ch*rtered A¢countADts S Union Buildings Union Place DunganDon Co. Tyrone Da¢¢: 15 May 2026 McDonald O'Neill & Co. Cknartered AccountsDts
DUNGANNON SUB-AQUA CLUB ONCORPORATING MID-ULSTER SEARCH & RECOVERY UNIT) SUMMARY INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AliGUST 2025 2025 2024 INCOME Membership Subscriptio Release of Grant Revenue Grant Donations and fUnd]ng Bank Interest 2.880 328 1.958 3,405 4.225 576 4,177 Total Income 8,571 8,978 EXPENDITURE Swimming pool bire Diving Equipment maintenance Boat fuel and expenses Insuranc¢ Motor running expenses Fundraising costs Accounts & Professional General Depreciation- Boat Depreciation- Diving Equipment Depreciation- Motor Vehicles (Profit)/Loss on disposal 937 70 577 704 844 476 438 50 330 564 1.613 758 888 loo 504 1.079 360 248 389 626 2,150 392 Financial Expenses BaJ]k charges 6.603 7,494 42 51 Total Expenses 6,645 7.545 SURPLUS OF INCOME OVER EXPENDITURE 1,926 1,433 We approve the financial statanents which comprise the Income & Expenditure Accounl, Balance Sheet and Notes. We acknowledge our responsibility for the financial statements, including the appropriateness of the accounting policies, and for providing McDonald O'N¢ill & Co. with all info ation and explanations necessary for their compilation. SIGNED: DATE:...ts..-6&..-_2&.......... Trnstee SIGNED: DATE: ...eC -c)s. -Z6.......... Trustee McDonald O'Neill & Co. Chartered AceountaDts
DUNGANNON SUB_AQUA CLUB NCORPORATING MID-ULSTER SEARCH & RECOVERY UNIT) BALANCE SHEET AS AT 31 AUGUST 2025 Notes 2025 2024 FIXED ASSETS Equipment 11,780 14,287 CURRENT ASSETS Bank Accounts Other Debtors 3,314 1,709 3,314 1,709 CURRENT LIABILITIES Creditors & Accruals (1,150) (3,650) NET CURRENT ASSETS 2,164 (1,941) DEFERRED CREDrr (2,150) (2,478) TOTAL ASSETS 11.794 9,868 RepreseDted By: Funds at start of the year Sury)lus for year 9.868 1.926 8,435 1,433 FUNDS BALANCE 11,794 9.868 McDonald O'Neill & Co. Cb*rtered Aecountants
DUNGAIYNON SUB-AQUA CLUB (KNCORPOIL4TING NIID-ULSTER SEARCH & RECOVERY UNIT) NOTES TO THE FINANcL STATEMEYTS FOR THE 12 MoNfHs TO 31 AUGUST 2025 I. FIXED ASSETS Diving Equipment Boat & Aceessories Motor Vehicles Total Opening Costlvaluation Additions Disposal 14.014 12,659 8.600 35,273 At 31 August 2025 14,014 12.659 8,600 35,273 Depreciation Opening Charg¢ for year Elimination on disposal 8.379 330 10,457 564 2,150 1,613 20,986 2.507 At 31 August 2025 8.709 11,021 3,763 23.493 Written Down Value 5,305 1,638 4,837 11,780 Depreciation is provided at rates calculated to write off the Cost or valuation less residual valu¢ of each &8s¢t over its expected useful life, as follows: _ Divin8 Equipment Boat & Accessories Motor Vehicle IOO/o Reducing Balance 15 /0 Reducing Balance 250/0 Reducing Balance 2. DEFERRED CREDIT The Club received assisLqnce from Mid Ulster Council towards the cost of a Club Boat. Diving Equipment and Motor Vehicle. The grants are being released over the expect¢d life of each asset. 2025 2024 Opening Balanc¢ Assistance received Released Year Ended 31 August 2024 2,478 3,054 (328) (576) Balance at 31 August 2024 2,150 2.478 M¢Donald O'Neill & Co. Ch*rtered A¢couDtsnts
DUNGANNON SUB-AQUA CLUB (INCORPORATING MID-ULSTER SEARCH & RECOVERY UNIT) 3. CHARITY COMMISSION The Club has been registered as a Charity by the Charity Commission for Northern Ireland with effect from June 201). The Club has been regisicred with HMRC as a Charity. M¢t)•rt#ld O'Neill & C Cb4rt¢red Accountants 10