HOPE MAGHERAFELT
IA oompany limltsd by gyarante&, not having o share capltall
STATEMENT OF FINANCIAL ACTIVITIES
for thè financial period ended 31 March 2026
Unrestrlct8d R•#trfdgd
Funds
Funds
Mar 26
Mar 26
Total Unrestricted Restricted
Funds
Fund5
Funds
Mar 26
Dec 24
Dec 24
Total
Funds
Dec 24
Notes
Incom•
Donations and legacié$
CharitaNe 8Gtivrties
Grants from governments
and other co-funders
Other income
48.292
48.292
25.387
25,387
80,929
80,929
73,731
73,731
43
6,111
Total in¢ome
54803
80,929
135,332
25.387
73.731
99.118
Exp8nditurg
Raising funds
Ch8ritable activities
Other expenditur8
5.06S
33,723
9,541
8.310
10S,$96
24,167
2.217
28,425
6.185
3,220
37,476
23,542
5.437
65,901
29,727
71,873
14,626
Total Expenditur8
48.329
89,744
138,073
36,827
64.238
101,065
Net incomellexpondlturèl
6,074
18.81151
12,7411 111,4401
9,493
11.9471
Transfers be￿een funds
Net movement In funds for
the flnancial perlod
6,074
18.8181
12.7411
111.4401
9,493
11,9471
Reconelllation of funds:
Total funds teginning of the
year
13
1,182
118.304
119,486
12,622
108.811
121.433
Totsl funds at the end ol
the year
7,256
109.489
116,745
1.182
118.304
119,486
The Statement of Financi81 Activities includes all gains and losses rewgnised in the financi81 FEriOd.
All income and expenditure ielate lo continuing activib'es.
The rK)les on pages 10 10 14 form part of the finarNal statements

HOPE MAGHERAFELT
IA comparby limlted by guarantsg. not havlng a thare capltall
SUMMARY INCOME AND EXPENDITURE ACCOUNT
for the financial peri(Kl ended 31 March 2026
ststement of
Flnancial ActlvFtles
Mar 26
Dec 24
Gloss incom&
Unrestricted fvnds
Resthcted fvnds
54.403
80,929
135,332
99,118
Total income
Total expenditure
135,332
(138,0731
99.118
I101,(￿5)
N*t Incomellexpenditurel
12,741)
11.9471
The charity has no recognised gains 01 losses other than the results foT the finanaal period. The results for the
finan¢i81 period have been calculated on the historical cost basis.
The notes on pages 10 to 14 form p8rt Qfthe finanaal statemen15

HOPE MAGHERAFELT
IA company limited by guarantèe, not havlng a sharg upltsl
Company Number.. N1631531
BALANCE SHEET
as at 31 March 2026
Mar 26
Dec 24
Not•s
Flxed Assèts
Tangible assets
80.366
93,920
Current Assèts
Debtors
Cash at bank and in hand
10
1,460
38,235
27.619
39,695
27,619
Credltors: Amounts falllng due within on• y¢ar
11
13,3161
12,0531
Net Current Assèts
36,379
25,566
Totsl Assets less Curr¢nt Llabllltlea
116.745
119,486
Fund
Restrided trust funds
General fund lunrestri¢tedl
109.489
7,256
118.304
1,182
Total fund8
13
118,745
119.486
Thesè financial statements have been prepaied in 8rLordance wrth the special prowsions relating to small Companies
within Part 15 of the Cornpanies Aet 2006.
For the finanaal peiiod ended 31 March 2026 the charty was 8ntilled to exemption from audit under section 477 01
the Comp8nies Act 20(￿, and no notiTr has been deposited under section 476.
Thè trustees confirm that the members have not required the company to obtain an audit of its finanaal statements for
the financial period in quests'on in accord8n¢e with section 476 ()f th8 Comp8nie8 Act 20(￿.
The tiuslees acknowledge their iespon$ibilits"es for ensuring that the charity keeps accounting records which comply
with section 386 and foi preparing finanaal statements wthich give a true and fair view of the state ol affairs of the
charity as at the end of the finanaal period and of its profit and loss for the financial period in accordance with the
requirements of sections 394 and 395 and which othenmse comply with the requirements of the Cornpanies Act 2008
relating lo financial statements, so far as applicable to the charity.
The financial staternents have boen prepared in accordanc& wllh the provisions applicable to companies Subject to
the small companies. regime and in accordancè wth FRS 102"The Financial Reporting Standard applicable in the UK
and Republic of Ireland" applying Section 1A ol that Standard.
Approved by the Board of Trustees and authori88d for Issue on 22 June 2026 and slgnad on Its behalf by
Lisa M2clean
The notes on p¥9es 10 to 14 fL￿ part of the finantsal stsiements

HOPE MAGHERAFELT
IA company limitod by guarantse, not having a tsharg GapItsII
NOTES TO THE FINANCIAL STATEMENTS
forthe financial period ended 31 Marth 2028
GENERAL INFORMATION
HOPE MAGHERAFELT is a company limited by guarantee in(x)rporated in Northom Ireland. Thè registered
office of the charity is 78 Rainey Street. Magherafelt. BT45 5AH, Northern Ireland which is also the principal
plaoe of business of the d)arity. The finanaal statements have been presented in Pound 1£) whi¢h Is also the
nthonal currency of the charity.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The followng accounb'ng polioes have been applle(J consistently in d981ing with items which are considered
material in relation to the ¢h8rity's financial statements.
Basi$ of prepar•tion
The financial statements have been prepared on the going ¢J)ncern basis under the historical cost convention,
modified to indude certain items 81 fair value. The finanrial statements have been prepared in accordance
with the Statement of Recommended Practictr ISORPI Accounb"ng and Repo￿"ng by Charities preparing their
awounts ill accordance witr the Financial Reporting Standard applicable in the UK and Republic of Ireland
FRS 102 applying Section 1A of that Standard.
As p&nritted by the Companies Act 2008, the charity has varied the standard formats in th81 ac* for the
Staternent of Financial Activities and the Balance Sheet. Departures trom standard formats are to cornply
with the requirements ol the Charities SORP and are in compliance wrth section 4.7, 10.6 and 15.2 of that
SORP.
Statement of compllancg
The finanoal statements of the charity for the financial period ended 31 March 2026 have been prepared on
tha going con￿rn basis and in 8(widance with the Statement ol Recommended Practice ISORPI
"Accounting and Reporting by Ch8nties preparing their accounts In acwrdance with the Fin8ncial Repor￿ng
Standard applicable in the UK and Republic of Ireland FRS 10Z'. applying Se¢titsn IA of that Standard.
Fund a¢counting
The lollomqng 8re the categories of funds maintained".
Restrlcted fund¥
Restricted funds rewesent inwme received whith can only be used for parti¢u18r purposes, as specified by
the donors. Such purposes a￿ within the overall objectives of the charty.
Unrestrlctad fund
Unrestricted ￿ndS con&sl of Genera and Désignated funds.
Gene[81 funds represent 8rn0unts whKti are expendable at the discretion of the board. in furtherance of tha
objectives of the charity.
Designated funds comprise unrestricted funds that thè board has, at its discreb"on, s6t aside for particular
purposes. These dèsignations have an administrative purpose only, and do not legally restrid the board's
discretion to 8pply the fund.
Ineome
Income is recognised by inclusion In the St*ement ol Financial Activrfties On￿ when the charity is legally
entitled to the incorne, perfomianrE conditions attached to the itemlsl of income have been met, the amounts
involved can be measured with sufficient reliability and It Is probatje that the income wll be re￿1Ve￿ by the
charity.
Income from charitable activities
Income from Gharitable activibes Include income earned from the supply of servI￿S under contractual
arrangements and from Perforrnan￿ related grants whi¢h have ¢ondilions that specify the provision of
particular sè[vi￿S to be provided by the charity. Income from wvemment and other eo-funders is recognised
when the charity is legally entitled lo the income because it is fulfilling the conditions contained in the related
funding agreements. Where a grant Is rece1ved In adv8nc&, its recognition is defer￿￿ and included in
creditors. Whère entitlement owurs before Income is rscèived, il is 8ccrued in debtors.
Grants from govemments and other ctrfvnders typically include one of the follo￿rng types of conditions..
Performance based conditions." whereby the charity is contractually entilled to funding only to the Èxt8nt that
the core objectives of the grant agreement are achieved. Where the charity Is meeting the cole objectives of
grant agreement, it recognises the related expenditure, to the extent that il is reirnbursable by the donor, as
income.
-Time based conditions.. whereby the charity is ¢onlra¢tU8lly entitled to funding on the condition that it is
utilised in a particular period. In these Cases the ¢harty recognises the income to the extent it is utilised within
10

HOPE MAGHERAFELT
continued
IA company Ikmitod by guaranteè, not havlng a sharo uplt811
NOTES TO THE FINANCIAL STATEMENTS
for the financial peric¥J ended 31 March 2026
the period specifi'ed in the agreement.
In the 8bsenTr ol such condib"ons, assuming that receipt is probable and the amount Trn be reliably
measured, grant income is recognised one6 the charty is rTrotified ol entitlement.
Grants re￿iVed towards capit81 expenditure are credited lo the Statement ol Finan(i81 Activities when
received or ts￿1Vable. whichever is earlier.
Expendlture
Expenditure is analysed be￿eell costs of charitable activities and raising ftjnds. The costs of each activity are
separately accurnulaled and disclos&d. and analy5ed a￿ordIng to their major components. Expen(liture is
cognised when a legal or constructive oblig8tion exists as a resun ol a past event, a transfer of economic
benefits Is required in settlement and the amount of the obligation can be reliably measured Support costs
are th0￿ luncbons that assist the work of the charity but cannot be attributed to one activity. Su¢h costs a
allocated to adivities in prtsportion to staff ts.me spent or othei suitable measure for each activity.
Tangible fixed assets and d&pr¢¢iatlon
Tangible fixed assets are stated at cost or at valuation, less accumulatèd depreciation The charge to
depreciation is calculated to write off the original cost or valuation of tarwible fixed assets. less their estimated
sidual value. over their expected useful lives as follows..
Short leasehold property
Fixtures. fittings and equiprnent
10% Straight line
200A Straight line
Debtors
Debtor5 are recognised at the settlemènt arn￿nt due After any discount offerèd Prepayments are valued at
the amount prepaid net ol any trade discounts due. Income recognised by the charity fiorn government
agencie5 and other cfyfunders, but not ytrt re￿IVed at finanGial period end, Is Included in Llebtors.
Cash at bank and in hand
Cash at bank and in harKI eotnprises cash on depogt al banks requiring less than threè months notice of
withdrawal.
Taxation
No Ixrrent or deferred taxation arises as tha charity has been granted charitable exemption. Irrecoverable
valuèd added tax is expènsed as incurred.
PERIOD OF FINANCIAL STATEMENTS
The financial statements are for the 15 tnonth period ended 31 March 2026.
INCOME
DONATIONS AND LEGACIES
Unrestricted Restrictsd
Funds
Funds
Mar 26
D8c 24
Donations and legaciès
48,292
48,292
25.387
CHARITABLE ACTIVITIES
Unre¥tricted Restrletèd
Fund
Funds
Mar 26
Dec 24
Grants from goVernM*r￿ and other co4unders.'
Income from charitablè activities
BO,929
80,929
73,731
OTHER INCOME
Unrestrictsd Restricted
Funds
Funds
Mar 26
Dec 24
other income
6,111
6,111
EXPENDITURE
RAISING FUNDS
Direct
Costs
Other
Costs
Support
Costs
Mar 26
Dec 24
Raising fund8
8.310
8,310
5,437
11

HOPE MAGHERAFELT
continued
IA company limited by ouarantee, not haviryg a 5har• capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financ￿81 period ended 31 March 2026
CHARITABLE ACTIVITIES
Dirèct
Costs
Othgr
Costs
Support
Cogts
Iitar 26
Dec 24
Expenditure on charitable activrtes
Govemance Costs INote 5.41
23,499
47.37S
2,672
21171
79,425
12.927
52,974
32,050
70.874
2,672
32,050
105,596
65,901
OTHER EXPENDITURE
Dir•ct
C08ts
Other
Costs
Support
Costs
Mar 26
Dec 24
Other èxpenditure
24.167
24,167
29,727
GOVERNANCE COSTS
DSrect
Costs
Oth¢r
osts
Support
Costs
Mar 26
Dec 24
CharitaNe activrties- govemance
Ix>$ls
47.375
32,050
79,425
52.974
SUPPORT COSTS
Cost of Governance
Raising
Costs
Funds
Mar 26
Dec 24
Support
8,310
32,050
40,360
32,368
ANALYSIS OF SUPPORT COSTS
Mar 26
Dec 24
Support
40,360
32,368
NET INCOME
Mar 26
Dec 24
Net Income is stateil aft•r char9ingll¢redltlngl.'
Depreciation ol tangible assets
Independent Examiner's remuneration".
- tsx 8dvisory services
13,554
14,354
1.450
2,4C
12

contlnued
HOPE MAGHERAFELT
IA Gompany limltèd by uuarantee, not havirkg a sha￿ ¢apFtall
NOTES TO THE FINANCIAL STATEMENTS
for the finanaal period ended 31 March 2026
EMPLOYEES AND REMUNERA TION
Number of employ￿$
The average number of pèrsons employed lincluding execubve trustees) durlng the finanaal period was as
follows
Mar 26
Number
Dec 24
NuM￿r
Administration
Direot
The staff cA)sts comprise".
Mar 26
Dec 24
Wages and salari&s
Pension costs
77,791
1,634
52,072
902
79,425
52.974
TANGIBLE FIXED ASSETS
Short
Fixtures,
leasehold fitting8 and
property equlpment
Total
Cost
At 31 March 2026
114,714
14,519
129,233
Dèpr•ci8tion
At 1 January 2025
Charge lor th8 linan￿81 period
23,114
11,450
12,199
2,104
35,313
13.554
At 31 Marth 2026
34,564
14.303
48,867
N¢t book value
At 31 March 2028
80,150
216
80,366
At 31 December 2024
91.6C
2,320
93,920
10.
DEBTORS
Mar 26
Dec 24
Prepayments and awrued income
1,460
11.
CREDITORS
Amounts falling due wlthln on* year
Mar 26
De¢ 24
Taxats'on and social seeurty costs
Accruals and defeiied incorne.
Pension accrual
Other accruals
1,820
557
296
1,200
296
1.200
3.316
2,053
13

Ix>ntinued
HOPE MAGHERAFELT
IA Company Ilmltod by guarant￿, not havlng a share Capitall
NOTES TO THE FINANCIAL STATEMENTS
for the finanual period ended 31 March 2026
11
RESERVES
Funds
Total
At the beginning of the year
Defiryt for the finanual perio
118.304
1.182
119.48e
(2,7411
12,7411
At the end of the year
12,7411
118,304
1,182
116,745
13.
FUNDS
13.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unrestricted Restricted
Funds
Fund8
Total
Funds
At 1 January 2024
Movement during the finanaal year
12.622
111,4401
108.811
9,493
121.433
11,9471
At 31 December 2024
Movement durSng the fin8n¢i81 year
1,182
6,074
118,304
18,8151
119,486
12,7411
At 31 Marth 2026
7,256
109,489
116,740
13.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
1 January
2025
Income Expenditurg
Tran￿￿T$
bfften
funds
Balance
31 March
Mar 26
Restrlcted funds
Restricted
Unrestrlcted funds
UnrestnGted General
118.304
80.929
89,744
109.489
1.182
54.403
48,329
7.256
Totsl fvn(ts
119.486
135,332
138,073
116.745
13.3 ANALYSIS OF NET ASSETS BY FUND
Fixed
assets
- ¢harity usè
Current
assets
Curiènt
Total
Restricted trust funds
80.3f
37,089
117,455
Unrestricied general fvnds
2,6C
13,3161
17101
80,366
39,695
13.3161
116,745
STATUS
The tharity 1$ 8 ¢omp8ny limited by guarantee not having a sharè c2prta1.
The liatility of the members is lirnited.
Every mèmber of the company undertakes to contributè tts the assets ol the company in the event ol its being
wound up while they are members. or wthin one financial period the￿arter, lor the payment of thé debts and
liabilities of the company contracted before they ceased to be members, and the costs, charges and expenses
of wnding up, and for the adiuslment of the rights of the cor)tribulors among themselves. sueh amount as may
be required, not ex￿edIng £ 1.
15.
POST.BALANCE SHEET EVENTS
There have been no signific2nt event5 affecting the Charty Since the financial period-end.
14