Registered number N1051168 040 Cookstown Limited Unaudited Abridged Report and Accounts 31 March 2023 Limited by guarantee and not having a share capital Registered Charity Number.. NIC103340 Accepted as a Charity by H M Revenue & Customs 040 Cookstown Limited Independent accountants, report to the shareholders of 040 Cookstown Limited You consider that the company is exempt from an audil for the year ended 31 March 2022. You have acknowledged, on the balance sheet, your responsibilities for complying with Ihe requirements fo the Companies Ad 2006 with respect to accounting records and the preparation of accounts. These responsibilites include preparing accounts that give a true and fair view of the slate of affairs of the company at the end of the financial year and of its surplus or deficit for the financial year. Expendilure Account, the Balance Sheel and the related noles from the accounting records of the Gompany and on the basis of information and explanalions you have given lo us. We have not carried out an audit or any other review, and consequently we do not express any opinion of thes8 accounts. 15b Molesworth Street Cookstown Co Tyrone BT80 8NX for and on behalf A Mccrory & Co Li ted Chartered Accounlants 26 July 2023 040 Cookstown Limited Registered number: Directors, Report N1051168 The directors present their report and accounts for the year ended 31 March 2023. Principal activities The company's principal activity during the year continued to be to facilitate the interest of Social Welfare for the olcler people in the Cookstown area. Directors The following persons served as directors during the year.. Johnston Leslie Cairns Chairperson Laura Ringland - Treasurer Elizabeth Stewart Secretary Cyril Gilbert Jean Donaghy - Appointed 31.01.23 Thomas Alan Mcclung Hazel Ferguson - Resigned 09.05.23 Margaret H Gilbert MBE Resigned 09.05.23 Thlrd party Indemnity provisions The directors consider that in preparing the financial statements they have taken into account all information that could reasonably be expected to be available. On this basis, they consider that it is appropriate to prepare the financial statements on the going concern basis. This assumes that either the funding application is awarded to the charity or that the directors, alternative plans are successful. The financial statements do not include any adjustments that would result if the application were not awarded to the charity and the directors, alternative plans were not successful. Small company provislons This report has been prepared in accordance with the provisions In Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. This report was approved by the board on 26 June 2023 and signed on its behalf. Johnston U Director slie Cairns 040 Cookstown Limited Profit and Loss Account for the year ended 31 March 2023 2023 2022 Turnover 99,359 87,843 Cost of sales (25,570) (22,074) Gross Surplusl(Deficit 73,789 65,769 Administrative expenses Other operating income (89,912) 19,054 (97,231) 16,016 Operating SurplusllDeflclt) 2,931 (15,4461 Interest receivable 20 Surplusl(Deficitl for the flnanclal year 2,951 {15,445} Charity - No income tax due Surplusl{Deficit) for the financlal year 2,951 15,445 040 Cookstown Limited Registered number: Balance Sheet as at 31 March 2023 N1051168 Notes 2023 2022 Fixed assets Tangible assets 8,820 9,416 Current assets Stocks Debtors Cash at bank and in hand 1,745 9,714 9,975 21,434 1,625 3,880 12,352 17,857 Creditors.. amounts falling due within one year (13,093) (13,063) Net current assetsl(liabilitiesl 8,341 4,794 Net As8etsllLiabilitie8) 17,161 14,210 Capital and reserves Profit and loss account 17,161 14,210 Shareholders, funds 17,161 14,210 The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the Act. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. Laura Ringland Director Approved by the board on 26 June 2023 040 Cookstown Limited Unrestricted and Restricted funds for the year ended 31 March 2023 Unrestrlcted Funds Restricted Funds Total Total 2023 2022 Incoming Resources Luncheon Club Membership Fundraising Whist Club Miscellaneous Donations Other income Halifax Grant HMRC- Gift Aid Co-op Ireland - Grant HMRC - Job Rentention Clear Project - Activities Grant Mid-ulster District Council Northern Health & Social Services W G Edwards - Equipment Grant 79,486 735 12,345 79,486 735 12,345 59.739 445 25,370 150 40 2,099 6,793 6,793 6,000 6,000 3,926 1,367 928 1,000 1,140 9,990 1,000 1.140 9,990 924 600 9,195 924 Total Incomlng Resources 117,489 924 118,413 103,859 Resources Expended C05t of Sales Employee Costs Premiseslcontents Administration Costs Legal and Professional 25,570 61,051 14,504 10,177 3,220 25,570 61,051 15,464 10,177 3,220 22,074 65,568 9,728 21,847 88 960 Interest receivable Interest payable (20) 120) {11 Total Resources Expended 114,502 960 115,462 119,304 Nel Movement in Funds 2,987 136) 2,951 115,445) Total Funds Brought Forward (63,590) 77,800 14,210 29,655 Total Funds Carried Foï¿¿ard (60,603) 77,764 17,161 14,210 040 Cookstown Limited Notes to the Accounts for the year ended 31 March 2023 1 Accounting policies Basis of preparation The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1 A of the standard). Turnover Turnover represents the value, donations, membership fees and grants. rangible fixed assets Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows.. Plant and machinery Motor vehicles 150/0 reducing balance 150/0 reducing balance Stocks Stocks are measured at the lower of cost and estimated value of items to be used in the cooking and distribution of meals and crafts to the members. Creditors Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Penslons Contributions to defined contribution plans are expensed in the period to which they relate. 2 Employees 2023 Number 2022 Number Average number of persons employed by the company 3 Tangible fixed assets Plant and machinery etc Motor vehicles Total Cost At 1 April 2022 Additions 58,694 960 15,100 73,794 960 At 31 March 2023 59,654 15,100 74,754 Depreciation 040 Cookstown Limited Notes to the Accounts for the year ended 31 March 2023 At 1 April 2022 Charge for the year At 31 March 2023 52,726 1,039 53,765 11,652 517 64,378 1,556 65,934 12,169 Net book value At 31 March 2023 5,889 2,931 8,820 At 31 March 2022 5,968 3,448 9,416 4 Debtors 2023 2022 Trade debtors Other debtors 9,486 228 3,652 228 9,714 3,880 S Creditors: amounts falling due within one year 2023 2022 Trade creditors Other creditors 1,000 12,093 13,093 970 12,093 13,063 6 Other information 040 Cookstown Limited is a private company limited by shares and incorporated in Northern Ireland. Its registered office is.. Unit 18-20 Cookstown Enterprise C Derryloran Industrial Estate Cookstown Co Tyrone BT80 9LU 040 Cookstown Limited Detailed profit and loss account for the year ended 31 March 2023 This schedule does not fonn part of the statutory accounts 2023 2022 Sales 99,359 87,843 Cost of sales (25,570) {22,0741 Gross Surplusl(Deficit) 73,789 65,769 Administrative expenses Other operating income {89,912) 19,054 (97,231) 16,016 Operatlng SurplusllDeficit 2,931 (15,446) Interest receivable 20 Surplusl(Deficit> for the financial year 2,951 15,445 040 Cookstown Limited Detailed profit and loss account for the year ended 31 March 2023 This schedule does not form part of the statutory accounts 2023 2022 Sales Luncheon Club Membership Fundraising Whist Club Miscellaneous Donations 79,486 735 12,345 59,739 445 25,370 150 40 2,099 87,843 6,793 99,359 Cost of sales Food and Packaging Decreaselincrease in stocks Waste Disposal Activities for members 22,810 (120) 1,040 1,840 25,570 21,502 (631 635 22,074 Administrative expenses Employee costs, Wages and salaries Pensions 58,516 2,075 62,202 2,117 Staff training and welfare Travel and subsistence 47 83 Health and Safety (PPE) 330 61,051 1,249 65,568 Premises costs.. Rent Light and heat Cleaning 7,780 7,678 5,250 4,478 15,464 9,728 General administrative expenses.. Telephone and internet Postage Stationery and printing Membership Fee Bank charges Insurance Equipment expensed Software Repairs and maintenance Depreciation Motor expenses Sundry expenses 1,257 8,120 48 777 40 134 2,283 1,604 94 39 1,662 3,263 3,783 21,847 1,013 547 2,528 204 108 53 1,556 2,908 10,177 Legal and professional costs.. Accountancy fees 3,220 3,220 88 88 10 040 Cookstown Limited Detailed profit and loss account for the year ended 31 March 2023 This schedule does not fon77 part of the statutory accounts 2023 2022 89,912 97,231 Other operating income Co-op Ireland - Grant HMRC- Gift Aid HMRC - Job Rentention Halifax Grant Clear Project Activities Grant Mid-ulster District Council Northern Health & Social Services W G Edwards - Equipment Grant 1,367 3,926 928 6,000 1,000 1,140 9,990 924 600 9,195 19,054 16.016