NI 21430 The Arma mers Educational & Cultural O anisation Directors Re rt and Financial Ststements For The Year Ended 31 March 2025
NI 21430 The Arma hRh mers Educational & Cultural O anisation Com an 's Princi als for the Year Ended 31 March 2025 Company Registration Number NI 21430 Charity Number 102997 Registered Office Aonach Mhach4 74-76 Upper English Street, Arniagh, Co Annagh, BT617LG Directors & Trustees Anne Hart John McAllister Brigid McGibbon Mary Murphy Noeleen Mone Secretary Anne Hart Bank Danske Bar 78 Scotch Street Arn]agh BT617DU Independent Examiner Flynn & Company Accountants Limited Chartered Accountants 28 Carleton Strect Portadown Co Armagh BT62 3EP
NI 21430 The Arma hRh mers Educational & Cultural O anisation Contents Report of the Trustees Report of the Independent Examiner Accounting Policies Statement of the Financial Activities Income and Expenditure Account Balance Sheet 10-11 Non-statuto Information Notes to the Financial Statements 12- 15
NI 21430 The Arma hRh mers Educational & Cultural O anisation Report of the Trustees The Trustees (who also serve as Directors) present their report and the financial statements of the company for the year ended 31 March 2025. The Financial Statements comply with the Charities Act (Northern Irel8Jid) 2008, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the financial reporting standard for smaller entities. Objectives and Activities The principal activity of the charity is to create and perforni folk style theatre productions that coincide with the tradition of mumming. The charity primarily works as a theatre in education wups and seeks to provide cultural experiences for those who would not nomially be able to have this experience, such as those in socio-economic deprived areas. Directors & Trustees The persons who served the charity as both Directors and Trustees during the year were as follows: Anne Hart John McAllister Brigid McGibbon Mary Murphy Noleen Moone Financial Revieiv The Tesults for the year and the charity's financial position at the end of the year are shown in the attached financial statements. The charity achieved Su18 of £8,189 in the current financial year (2024.. Deficit of £27,641). The charity's policy is to achieve a level of Tesources which matches the needs of the organisation currently and in the foreseeable future. The free reserves required should be sufficient to cover six months unrestricted expenditure. Plans for future periods The Annagh Rhymers plan to continue its efforts to create and perforn its productions. Directors & Trustees Responsibilities Th¢ directors (and Trustees) are responsible for preparing the financial statements in accordance with applicable law and regulations. Cotnpany law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare financial statements in accordance with United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The financial statements are required by law to give a true and fair view of the state of affairs of the company at the end of the year and of ihe sutplus or deficit of the company for that period.
NI 21430 The Arma hRh mers Educational & Cultural Or anisation ..continued In preparing those financial statements, the directors are required to select suitable accounting policies and then apply them consistsntly. observe the methods and principles in the Charities SORJ). make judgments and estimates that are reasonable and prudent. state whether applicable tJK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statsments. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in operation. The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006 and Charities Act (NI) 2008. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other i¢gUlarIties. Small Company Provisions This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. Statement of Compliance In setting our objectives and planning our activities for the year the trustee8 have given careful consideration to the Charity Commission for Northem Ireland's guide on Public Benefit to ensure that the activities have helped to achieve the Charity's purpose and provide a benefit to the beneficiaries. Registered Office Address: Aonach Nffiacha 74-76 Upper English Street Arn)agh Co Arn]agh BT617LG Charity Registration No: NIC 102997 ONBE ALF OF THE TRUSTEES AND DIRECTORS Anne art Seeretary 26 November 2025
NI 21430 The Arma hRh mers Educational & Cultural O anisation Inde endent Examiner's Re ort to The Board of Trustees ofThe Arma mers Educational & Cultural Or anisatiOD We have examined the fin8Jicial statements of the company for the financial year ended 31 March 2025, which comprise the Statement of Financial Activities (incorporating an Income and Expenditure Account), the Balance Sheet and the related notes. This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the Board of Trustees that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fulIest extent pern]itted by law, we do not accept or assume responsibility to anyone other than the company and the company's members, as a body. for our work, or for this report. Respective responsibilities of trustees and examiner The company's trustees (who are also the directors of the company for the puryoses of company law) are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. The company's trustees consider that an audit is not required for this tinancial year under Chapter 3 of Part 16 of the Companies Act 2006 and that an independent examination is required. It is our responsibility to: examine the financial statements under section 65 of the Charities Act. Follow the procedures laid down by the general Directions given by the Charity Commission for Northem 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 examined your company financial statements as required under section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charities Commission for Northem Ireland under section 65(9)(b) of the Charities Act. An examination includes a review of the accounting records kept by the cornpany and a comparison of the financial statements Presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the trustees concen]ing any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the statement below. In comiection with our examination, no matter has come to our attention which gives us cause to believe that in, any material respect: Accounting records were not kept in accordance with section 386 of the Companies Act 2006. The financial statements do not accord with those accounting records.
NI 21430 The Arma hRh mers Educational & Cultural O anisation Inde endent Examiner's Re ort to The Board of Trustees of The Arma bRh mers Educational & Cultural Or anisation colltinued... The financial statements have not been prepared in accordance with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102). There is further inforniation needed for a proper understanding of the accounts to be reached. Independent examiner's statement We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. ynn & Company Accountants Limited Chartered Accountants 28 Carleton Street Portadown Co Armagh BT62 3EP 26 November 2025
NI 21430 The Arma hRh mers Educational & Cultural Or anisation Accountin Policies Basis of Accounting The FinancÉal Ststements have been prepared in Accordance with Accounting and Reporting by Charities: Statement of recommended practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. Going Concern The financia] statements have been prepared on a going concern basis, the directors are continuing to seek additional grant fijnding and increase in perfonnance bookings over the incoming year and on this basis the assessrnent of the directors is that the charity is a going concern. Casb Flow Statement The diTectors have taken the advantage of the exemption in the Financial Reporting Standard No. I (revised) from including a cash flow statement in the financial statements on the grounds that the company is small. Fixed Assets All fixed assets are recorded at cost, less capital grants received in respect of the fixed assets. Depreciation is charged at the rates detailed in the depreciation note below. Fixed assets are then stated at net book value. Depreciation Depreciation is calculated so as to write of the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follow: Musical Equipment Office Equipment Website 15 0/0 Rcducing Balance 15 0/0 Reducing Balance 15 1 Reducing Balance Stock Stock is measured at the lower of cost and net realisable value. Incorne Incorne is recognized and included in the accounts when the following criteria is met: The charity has entitlement to the income. Any performance conditions attached to the income have been rnet or are fully within the control of the charity. There is sufficient certainty that receipt of the income is considered probable and the amount can be measured reliably. Capital Grants Grants in respect of revenue are credited to the profit and loss account over the period to which they relate. Capital grants are deducted from the cost or purchase price of the asset. Therefore, the net cost of the asset is included in the balance sheet and net depreciation is included in the profit and loss account. L al status of the com an The cornpany is limited by guarantee and has no share capital.
NI 21430 The Arma hRh mers Educational & Cultural O anisation Statement of Financial Activities Year ended 31 March 2025 Unrestricted Funds Restricted Funds Total Funds Total Funds 2025 2024 Notes IDeorning Resources Incoming Resources from Generating Funds: Booking Fees 69,922 69,922 50,407 Merchandise 1,417 419 1.417 Operating Grants Received 3,000 69,143 72,143 69,976 Totat Incoming Resources 73,341 69,143 142,484 121,800 Resources expended Operating Costs (70,182) (64,113) (134,295) (149,441) Total Resources Expended (70,182) (64,113) (134,295) (149,441) Surplusl(Deficit) for the year Reconciliation of Funds Total Funds Brought Fonvard 3,159 5,030 8,189 (27,641) 46,641 29 46,670 74,311 TotaI Funds Carried Forward £49,800 £5,059 £54,859 £46,670 The statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared. All of the above amounts relate to continuing activities.
NI 21430 The Arma hRh mers Educational & Cultural Or anisation Income and Ex enditure Account For the ear ended 31 March 2025 Notes 2025 2024 Income 142,484 121,800 Operating Costs (134,295) (149,441) Operating Surplusl(Defieit) 8,189 (27,641) Retained Surplus Brought Forward 46.670 74,311 Retained Surplus Carried Fonvard £54,859 £46,670 The Income and Expenditure Account includes all gains and losses in the year and therefore a statement of total reCOlSed gains and losses has not been prepared. All of the above amounts relate to continuing activities.
NI 21430 The Arma hRh mers Educational & Cultural O anisation Balance Sheet At 31 March 2025 Notes 2025 2024 Fixed Assets Tangible Assets 3,926 4.618 Current Assets Stock of goods Debtors Cash at Bank 4,355 12,992 40,111 5,418 9,889 33,398 57,458 48,705 Creditors: Amounts Falling Due within One Year (4,025) (4,153) Net Current Assets 53,433 44,552 Iyet Assets £57,359 £49,170 Capital and Reserves Capital Reserve Revenue Reserve 2,500 54,859 2,500 46,670 Sbarebolders, Funds £57,359 £49,170 The charitable company is entitled to the exemption from the audit requirement contained in section 477 of the Cornpanies Act 2006, for the year ended 31 March 2025. The trustees acknowledge their responsibilities for ensuring the charitable company keeps accounting records which comply with section 386 of the Act and for preparing financial statement which give a true and fair view of the state of affairs of the charitable company as at the end of the financial year and of its incoming Tesources 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 othenvise comply with the requirernents of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The rnernbers have not required the charitable company to obtain an audit of its financial statements for the year in question in accordance with section 476. io
NI 21430 The Arma hRh mers Educational & Cultural Or anisation Balance Sheet At 31 March 2025 These financiaI 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 trustees on 26 November 2025. Anne Hart Director li
Nl 21430 The Arma hRh mers Educational & Cultural O anisation Notes to the financial statemellts eratin Income Unrestricted Restricted Funds Funds Total 2025 Total 2024 Booking Fees Merchandise 69,992 419 69,992 419 50,407 1,417 Grants Receivable Arts Council Foras Na Gaeilge Culture Ireland Cleaver Fulton Nerve Centre 60,107 60,107 58,790 10,350 836 4,036 4,036 3,000 5,000 3,000 5.000 £73,341 £69,143 £142,484 £121,800 ital Income There was no capital income received in the year. eratln Costs Unrestricted Restricted Funds Funds Total 2025 Totsl 2024 Salaries and Wages Administrative Salaries Actor hire Opening stock Merchandise Closing stock Other Operating Costs (Note 3) Prernises Costs Examiner Fees Accountancy fees Payroll fees Bank Charges Depreciation 12,745 14,693 24,644 5,418 19,300 13,867 23,450 32,045 28,560 48,094 5,418 32,263 28,341 48,860 6,276 (4,355) 5,103 7,400 957 2,260 500 125 692 (4,355) 12,356 7,400 1,200 2,260 500 125 692 (5,418) 26,588 7,200 1,200 2,500 500 317 814 7,253 243 £70,182 £64,113 £134,295 £149,441 12
NT 21430 The Arma hRh mers Educational & Cultural O anisation Notes to the financial statements .continued Other O eratin Costs Unrestricted Restricted Funds Funds Total 2025 Total 2024 Motor, Travel & Entertainment Insurance Consulting Advertising & Telephone Stationery & Subscriptions Sundry Website Costs Costumes & Repairs Animations 1,194 4,040 1.593 5,234 1,593 930 2,674 1,262 29 588 46 6,130 1,721 930 2,184 602 29 118 46 490 660 I,232 1,424 1,093 588 3,900 10,500 470 £5,103 £7,253 £12,356 £26,588 Net Incomin Resources For The Year 2025 2024 This is stated after charging: Depreciation 692 814 Examiners, Remuneration 1,200 1,200 Staff Costs and Emoluments 2025 2024 Total staff costs were &s follows: Wages and Salaries Social Security and Pension Costs 59,300 1,305 59,300 1,304 £60,605 £60,604 No. Employee numbers 13
NI 21430 The Arma hRh mers Educational & Cultural O anisation Notes to the financial statements .continued Tan ible fixed asse Musical Equipment Office Equipment Website Total Cost At l April 2024 Additions Disposals 576 11,138 16,361 28,075 At 31 March 2025 £576 £11,138 £16,361 £28,075 reciation At l April 2024 Charge for the year 275 45 10,847 43 12,335 604 23,457 692 At 31 March 2024 £320 £10,890 £12,939 £24,149 Net book Value At 31 March 2025 £256 £248 £3,422 £3,926 At 31 March 2024 £301 £291 £4,026 £4,618 Debtors 2025 2024 Trade Debtors Grants Receivable 5,386 7,606 6,950 2,939 £12,992 £9,889 Creditors: Amounts fallin due within one ear 2025 2024 Trdde Creditors PAYE Pension Accruals 2,380 2,508 1,645 1,645 £4,025 £4,153 14
NI 21430 The Arma hRh mers Educational & Cultural O nisation Notes to the financi21 statements .continued 10. Ca itsl Commitments The company had no capital commitments at 31 March 2025 or 31 March 2024. 11. Restricted income funds Balance at Incoming l April 2024 Resources Oulgoing Balance at Resources 31 March 2025 Restricted fldS £29 £69,143 £(64,113) £5,059 12. Unrestricted income funds Balance at Incoming l April 2024 Resources Outgoing Balance at Resources 31 March 2025 General Funds £46,641 £73,341 £(70,182) £49.800 13. Related transactions The company's theatrical organiser has provided a guarantee for company borrowings with Danske to an amount of £2,500. 15
NI 21430 The Arma hRh mers Educational & Cultural O anisation Management information 16
NI 21430 The Arma hRh mers Educational & Cultural O anisation Statement of financial activities 2025 2024 Incoming Resources Voluntary Income Arts Council Foras Na Gaeilge Culture Ireland Cleaver Fulton Nerve Centre Booking Fees Merchandise 60,107 58,790 10,350 836 4,036 3,000 5,000 69,992 419 50,407 1,417 TotaI Incoming Resources 142,484 121,800 Resources Expended Operating Costs Salaries and Wages Administrative Salaries Actor and Musician Hire Opening stock Merchandise Closing stock Anirnations Motor, Travel & Entertainment Prernises Costs Depreciation Insurance Consulting Examiners, Fees Accountancy fees Payroll fees Website Costs Advcrtising & Telephone Stationery and Subscriptions Sundry Costumes & Repairs Bank charges 32,045 28,560 48,094 5,418 32.263 28,341 48,860 6,276 (4,355) (5,418) 10,500 6,130 7,200 814 1,721 5,234 7,400 692 1,593 930 1,200 2,260 500 588 2,674 1,262 29 46 125 1,200 2,500 500 588 1,232 1,424 1,093 3,900 317 Totat Resources Expended 134,295 149,441 Net Incoming/(Outgoing) Resources for the Year £8,189 £(27,641) 17