Company Registration Number: N1024434 Aughakillymaude Community Association (A company limited by guarantge, not havlng a share capital) Directors. Report and Unaudited Financial Statsments for the financial year ended 31 March 2024 Cooper Irvine Ltd Chartered Accountsnts 6 Townhall St Ennlskillen Fennanagh BT74 7BA Northern Ireland
Aughakillymaude Community Association IA company Ilmltsd by guarantee, not having a shar& capSts11 CONTENTS Page Directors and Other Information Combined Directors, and Trustees, Report Independent Examiners, Report Statement of Financial Activits'es Balance Sheet Notes to the Financial Statements 9-11 Supplementary Information on Income and Expenditure Account 13
Aughakillymaude Community Association IA company Ilmited by guaranteo, not having a share capltall DIRECTORS AND OTHER INFORMATION Dirgctors Mary Winterson James B Mcmanus Joseph Gunn Anne Marie Owens Company Secretsry Mary Wsnterson Company Registration Number N1024434 Registered Office 89 Knockninny Road Aughakillymaude Derrylin Co. Femianagh BT92 9JT Northem Ir81and Business Address Aughakillymaude Community Centre Aughakillymaude Derrylin Co Fermanagh BT92 9JT Accountants Cooper Irvine Ltd Chartered Accountants 6 Townhall St Enniskill8n Femianagh BT74 7BA Northern Ireland Bankers Bank of Ireland 141 Main Street Lisnaskea Co F8rmanagh BT92 OJE Northem Ireland Solicitors Murphy & Mcmanus Solicitors 143 Main Streét Lisnaskea Co Femianagh BT92 OJE Northern Ireland
Aughakillymaude Community Association {A company limlted by guarantee. not having a Share Capital) Directorfs and Trustees, Combined Report The directorsltrustees present their report and the unaudited financlal statements for the financial year ended 31 March 2024. The Company is limited by guarantee not having a share capital. Aughakillymaude Community Association is registered as a charity with the Charity Commission for Northern Ir6land {Charity number 103210) and is a company limited by guarantee, not having a share capital (Company number Nl 024434). Aughakillymaude Community Centre, Aughakillymaude, Derrylin, Co. Fermanagh, BT92 9JT is the registered offic6, which is also the principal place of activity of the charitsble company. The financial statements comply with the Charities Act (Northem Ireland) 2008 and 2013, th8 Memorandum and Artides ofAssocialion and Accounting and Reporting by Charities: Stalement of R8commended practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK and Republic of Ireland {FRS 102) (January 2022). Directorsrrrustees The diredorsrtrustees who served during the financial year are as follows.. Mrs M Winterson Mr J B Mcmanus Mr J Gunn Mrs A Owens The directorsltrustees, alongside a voluntsry committee. are responsibl8 for the day-ldaY Tunning of the organisation. statement ot Directors, l Trustees, Responsibilities The directorsltrustees are responsible for preparing the Combined DireCtorfsrustees, Report and the financial statements in accordance with applicable law and regulations. Both Company law and Charity law require the directorsltTUStees to prepare financial statement for each financial year. Under these laws the directorsltrustees have elected to prepare the financial statements in accordan with Untted Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under these laws the directorsltrustees must not approve the financial statsments unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the surplus or deficit of the company for that period. In preparing these financial statements, the directorsltrustees are required to: select suitable accounting policies and apply them consisténtly., make judgements and accounting estimates that are reasonable and prudent. state whether applicable accounting Standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements-, prepare the financial statements on the going concem basis unless it is inappropriate to presume that the company will continue in business. The directorsftrustees have overall responsibility for ensuring that the charitable company has appropriate systems of control, financial and otheNise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any lime the financial position ofthe charity and enable them to ensure the ffinancial statements omply with the appropriate accounting standards. They are also responsible for the safeguarding of assets of the charity and hence for taking reasonable steps for the pr8vention and detection of fraud and other irregularities.
Aughakillymaude Community Association {A company Ilmlt8d by guaranto9, not having a shar8 capital) Speclal provlsions relating to small companles The above report has been prepared in accordan with the special provisions relating to small companies within Part 15 of the Companies Act 2006. Charitable purpose To promote the benefit of the community in the Aughakillymaude district of County Fermanagh. To promote the benefft and interests of the inhabitsnts of the area of benefit, without distinction of age, sex, race, political or religious or other opinions by associating the statutory authorities. voluntary organisations, institutions and inhabitants in a common effort to advan education and to provide facilities in the interests of social welfare for health, recreation. social, moral and int8ll&ctual development with the object of improving the conditions of life of the inhabitants of the area of benefit. Public Beneflt Th8 direct benefits vthich flow from the groups purposes include provision of a range of sodal, educattonal and recreational actrvities rnainly based within Aughakillymaude Community Centre for members of the local community living within the community of Aughakillymaude and surrounding district, providing them with the opportunity to avail of activities that improve their educational attainment, heatth, social interaction and their conditions of life through acSsIng services and activities that would not normally b8 made available to them. Examples of aclivities provid8d being social dancing, historical lalks, mumming activities, fvneral teas, family parties, anniversary parbes, keep fit. farm8rs information courses & talks. health fairs, music & storytelling sessions. and used by other charitabl& bodies for activtties and functions. Many of these activtties are organised by the association linking with other statutory organisations and voluntary organisations. Benefits of the activiti8s are evidenced by measurement of numbers participating in activities and receiving of fe8dback from participants. The only private benèfit flowing from our purposes are that Aughakillymaude Community Association members and their families can participate in all activtties and this . is incidental and necessary to ensure that all members of the district can potentially benefit. There is no hami flowing from the purposes of Aughakillymaude Communty Association. We have had regard to the Commission's guidanGe on public benefit. Maln achlevements in the year A numb8r of successful event were carried out during the year, including a Santa Sunday, TP'Maguir8 mèmorial quiz and a family day event. The assoaation received donations and a number of rentsl payments for the hall and apartment during the year. The association retained an adequate bank balance at the year end and does not anticipate any issues in continuing as a going concern in the foreseeable future. It is the hope of the trustees that activities begin to rèturn to pre-covid levels. Members, Fund At Ihe year end, Aughakillymaude Community Association had a members. fvnd of £310,556. It Is the policy of the Aughakillymaude Community Association lo retain a level to cover any unforeseen expenditure and allow the tharity to continu6 in operation. Summary for the year During the year ended 31 March 2024, Aughakillymaude Community ASSoation produ a deficit of {£8,252) {2023: {£7,455)). Income increased by £2,300. The directors and Irustees do not frjresee any financial issues in the foreseeablè future and are proud of the achievements during this year. is rep rtwas proved by the directorsArustees on ...... and signed on its behalf by: Jo ph Gun Directorrrrustse 2 December 2024
Aughakillymaude Community Association IA company1Smited by guarantee. not havlng a share capital) INDEPENDENT EXAMINER'S REPORT for the finanGial year ended 31 March 2024 We report on the accounts of the charitable company for the year ended 31 March 2024 as set out in the financial statements. Respective responsibilities of charity dlrector51trustses and examlner As the charity's directorsltruslees you are responsible for the preparation of the accounts in accordance wth the Charities Act (Northem Ireland) 2008 and 2013. It is our responsibility to.. Examine the accounts under section 65 of the Charitles Act Follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act. State whether particular matters have come to rny attention. Basis of Independent examIne8 rnport We have examined your charity accounts as required under section 85 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65{9)(b) of the Charities Act. Our examination included a rewew of the acwunting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees conmIng any such matters. Our role IS to slate whether any material matters have come to our attention giving us cause to believe: That accounting records were not kept in accordance with section 63 of the Charities Act That the accounts do not accord with those accounting records 3. That the accounts do not comply with th6 accounting requirements of the Charities Act 4. That there is further information needed for a proper understsnding of thè account5 to be reached Independent eXamineS ststement We have completed our exaTninalion and have no conoms in respect of the matters (1) to (4) listed above and. in connection with following th8 Directions of the Charity Commission for Northem Ireland. we have found no matters that require drawing to your attention. Name." Mr Paul Stronge cjo Cooper Irvine Ltd Address: 6 Townhall Street, Enniskillen, Co Fennan8gh, BT74 7BA Date: Signature:
Aughakillymaude Community Association (A company lirnltgd by guarantse. not having a sharg capital) STATEMENT OF FINANCIAL ACTIVITIES for the finanaal year ended 31 March 2024 Notes Restrictèd Unrestricted 2024 2023 Income 938 5,885 6,823 4,523 Expendlture (938) (14,13n (15,075) (11,978) Surplusl(deficit) on ordlnary activities before interest (8,252) (8,252) (7,455) Interest receivable and similar income Total Comprehensive Income (8,252) (8,252) {7.455) Total funds brought forward 310 318,498 318,808 326,263 Transfer between funds Total funds Carried foThvard 310 310,246 310,556 318,808 The company has no recognised gains or losses other than th8 income for the year. The results for the year have been alculated on the The notes on pages 9 to 11 fomi part of the finanaal statements
Aughakillymaude Community Association {A company Ilmited by guarantee. not having a share capltall Company Reglstratlon Number. N1024434 BALANCE SHEET as at 31 March 2024 Notes Restricted Unrestrlcted 2024 2023 Non-current Assets Property, plant and equipment 303,447 303,447 310,225 Current Assets Debtors Cash and cash equivalents 63 7,651 63 7,961 310 9,552 310 7.714 8,024 9,552 Creditors: amounts falllng due withln one year (915) (915) (969) Net Cuffent Assets 310 6,799 7,109 8,583 Total Assets less Current Liabilities 310 310,246 310,556 318,808 Reserves Retained surplus 310 310,246 310,556 318,808 Equity attributable to owners of the company 310 310.246 310,556 318,808 The financFal statements have been prepared in accordan with the provisions appllcable to Companies subject to the small companies, regirne and in accordance wilh the provisions of Charities SORP (FRS 102). For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2CNJ6. The directorsftNstees confirm that the members have not required the company to obtain an audit of tts financial statements for the financial year in question in accordance wth section 476 of the Companies Act 2006. The directorsnrustees acknowledge their responsibilities for ensuring that the cornpany keeps accounting records whith comply with section 386 and for preparing financial statements which give a true and fair view of thé state of affairs of the company as at the end of the financial year and of its profrt and loss for the financial year in accordan with the requirements of sections 394 and 395 and which otheiSe comply with the requirements of the Companies Act 2C4)6 relating to financial statements, so far as applicable to the company. proved by the Board and authorised for issue on 2 December 2024 and signed on its behalf by Jam SBMC tor anus The notes on pages 9 10 11 fomi part of the financial statements
Aughakillymaude Community Association NOTES TO THE FINANCIAL STATEMENTS ft)r the financtal year ended 31 March 2024 General Inforniation Aughakillymaude Community Associalion is a company limited by guarantee incorporated In the United Kingdom. 89 Knockninny Road, Aughakillymaude, Derrylin, Co. Fermanagh, BT92 9JT, Northem Ireland is the registered office, which is also the principal place of activity of the company. The nature of the company's operations and its principal activities are set out in the Directors, Report. The financial statements have been presented in Pound (£) which is also the fundional currency of the coffjpany. Summary of Slgnlflcant Accounting Policigs The folloviing accounting polic4es have been applied consistentFy in dealing with items which are considered material in relation to the MpanY'S financial statements. Statement of compliance The finanaal statements of the company for the year ended 31 March 2024 have been prepared in accordan with the provisions of FRS 102 Sèction 1A (Small Entities) and the Compani8s Act 2006. Basis of preparation The financial statements have been prepared on the going concem basis and in accordance wlth the historical cost convention except for certain properties and financial instwments that are measured al revalued amounts or fair values. as explained in the accounting policies below. Hi5tortcal cost is generally based on the falr value of the consideration given in exchange for assets. Income Tumover comprises the invorce valu8 of sales made as well as grants and donations reiVed during the year. Proporty* plant and equipment and depreclatlon Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The tharge to depreciation is ¢2lculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows.. Buildings Equipment Fixlures and fittings Mummers Centre 2Y4 Reducing Balan 250/0 Reduang Balance 250/0 Reducing Balance 2 % Reducing Balance The carrying values of tangible fix8d assets are reviewed annually for impaiment in periods if events or thanges in Gircumstances indicate the carrying value may not be r8coverable. Trade and other debtors Trade and other debtors are initially recognised at fair value and th8reafler stated at amortised cost using th8 effective int8r8St method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In suth cases the receivables are stated at cost less impairrnent losses for bad and doubtful debts. Trade and other creditors Trade and other creditors are initially recognised at fair value and thereafter stated at amortised st using the effective int8rest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. Taxatlon Aughakillymaude Community Association is a not-for-profit organisation. The company is not liable to corporation tax. Foreign currencies Monetary assets and liabilities denominated in foreign currencies are translated at the rales of exchange ruling at the Statement of Finanaal Position date. Non-monetary item5 that are measured in terms of historical cost in a foreign currency are translated al the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was detemiined. The resulting exchange differences are dealt with in the Income Statement. Employe88 The average monthly number of employees, induding directors, during the financial year was 4, (2023 - 4).
continued Aughakillymaude Community Association NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 Proporty. plant and equipment Bulldings Equipment Fixtures and Mummers Centre Total fittings Cost At 1 April 2023 50,369 17,304 17,978 380,908 466,559 At 31 March 2024 50,369 17.304 17.978 380,908 466.559 Depreclatlon At 1 April 2023 Charge for the financial year 22,934 537 16,325 245 17.048 378 100,027 5,618 156,334 6,778 At 31 March 2024 23,471 16,570 17,426 105,645 163,112 Net book value At 31 March 2024 26,898 734 552 275.263 303.447 At 31 March 2023 27,435 979 930 280,881 310,225 Debtor& 2024 2023 Taxation 63 Credltor Amounts falling due within one yoar 2024 2023 Taxation Accruals 115 854 915 915 969 Capltal commltments The company had no material capital commitments at the financial year*nded 31 March 2024. Events After the End of the Reporting Perlod There have been no significant events affecting the company since the year-end. 10
continued Aughakillymaude Community Association NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 Members. Funds The conditions leading to the restriction of the income reiVed have been fulfiled during the accounting period. The capital grant has been spent and the resultant asset is unr8Stricted. A fund transfer is therefore made from r8Stricted to unr85tricted within the members, funds in line with FRS 102 SORP. 10. STATUS The liabilty of the members is limited. Every member of the company undertakes to contribute to th8 assets of th8 company in the 8vent of its being wound up while they are members, or within one year thereafter, for the payment of the debts and liabilities of the company contracted before they ceased to be members, and of the costs, charges and expenses of winding up, and for thè adjustment ofthe rights of the contributors among themselves. such amount as may be required. not exedIng £ 2. RELATED PARTY TRANSACTIONS There have been no related party transactions during the accounting period. 11
AUGHAKILLYMAUDE COMMUNITY ASSOCIATION {A company Ilmlted by guarantee, not havlng a share capltal) SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024 12
Aughakillymaude Community Association {A company Ilmited by guarantee. not havlng a share capltal) SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS DETAILED INCOME STATEMENT for the financial year ended 31 March 2024 Restrlcted Unrestricted 2024 2023 Income PrOedS from Events Perfomances Donations and Fundraising Rental Income Grant Receipts 2.136 650 265 725 750 2,136 650 265 2.084 1.688 725 900 725 2.173 938 938 5,885 6,823 Expendlture Water rat6s Insurance Light and Heat Cleaning Repairs and Maintenan Telephone Fundraising Expenses Legal and professional fees Accountancy Bank Charges General Expenses Depreciation Charitable donations 155 1.100 655 995 546 227 1,818 .155 1,100 1,593 995 546 227 1,818 142 1,070 1,231 48 188 597 503 938 85 953 110 15 6,778 700 .85 953 110 15 6,778 700 35 864 80 1096 7.111 938 14.137 15,075 11.978 Finance other Interest Net {dèficltysurplus 8,2521 8,252 7,455 The supplementary information does not fom part of the financial statements 13