Registered number N1051168 040 Cookstown Limited Unaudited Abridged Report and Accounts 31 March 2024 Limited by guarantee and not having a shar8 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 Llmited You consider that the company is exempt from an audit for the year ènded 31 March 2024. You have aethowtedged, on the balance sheet, your responsibilities for complying with the requirements fo the Companies Act 2006 with respect lo accounting records and the preparation of accounts. These responsibililes include preparing accounts that give a true and fair view of the state 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 Sheet and the related notes from the accounling records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review. and consequently we do not express any opinion of these accounts. 15b Molesworth Street Cookstown Co Tyrone BT80 8NX for and on behalf of A Mccrory & Co Limit Chartered Accountants 15 May 2024
040 Cookstown Limited Registered number: Directors. Report N1051168 The directors present their report and accounts for the year ended 31 March 2024. Prlnclpal activities The company's principal activity during the year continued to be to facilitate the interest of Social Welfare for the older 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 Colin Goodman Hazel Ferguson - Resigned 09.05.23 Margaret Bryson -Appointed 12.09.23 Lillian Jane Ringland - Appointed 12.09.23 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 provlslons 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 15 May 2024 and signed on its behalf. Johnston Leslie Director Cairns
040 Cookstown Limited Profit and Loss Account for the year ended 31 March 2024 2024 2023 Turnover 75,132 99,359 Cost of sales (34,356) (25,570) Gross Surplusl(Deficlt) 40,776 73,789 Distribution costs Administrative expenses Other operating income {3,587) {94,532) 95,213 {2,908) (87,004) 19,054 Operating Surplusl{Deficit) 37,870 2,931 Interest receivable 135 20 Surplusl(Deflclt) for the flnanclal year 38,005 2,951 Charity - No income tax due Surplusl(Deficit) for the financlal year 38,005 2,951
040 Cookstown Limited Registered number: Balance Sheet as at 31 March 2024 N1051168 Notes 2024 2023 Flxed assets Tangible assets 20,551 8,820 Current assets Stocks Debtors Cash at bank and in hand 1,655 2,g75 43,184 47,814 1,745 9,714 9,975 21,434 Creditors.. amounts falling due within one year {13,199) (13,093) Net current assetsl(liabilities) 34,615 8,341 Net A8setsl(Liabilitles) 55,166 17,161 Capltal and reserves Profit and loss account 55,166 17,161 Shareholders. funds 55,166 17,161 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 15 May 2024
040 Cookstown Limited Unrestricted and Restricted funds for the year ended 31 March 2024 Unrestrlcted Funds Restricted Funds Total Total 2024 2023 Incoming Resources Luncheon Club Membership Fundraising Activitiy classes Miscellaneous Donations other income Halifax Grant Black Santa Funding Building Community Pharmacy The Community Foundation The Clothworkers Foundation John Moores Foundation Community Foundation Grant Edward Gostling Foundation Awards for All Clear Project - Activities Grant Mid-ulster District Council Northern Health & Social Services W G Edwards - Equipment Grant 63,569 730 4.574 184 1,440 4,635 63,569 730 4,574 184 1,440 4,635 79,486 735 12,345 6,793 9,000 9,000 1,500 12,000 6,000 1,500 12,000 7,595 15,000 5,000 1,700 5,000 15,000 5,000 1,700 5,000 26,524 800 800 1,000 1,140 9,990 924 750 10,344 10,344 Total Incomlng Resources 121,845 48,500 135,478 118,413 Resources Expended Cost of Sales Distribution costs Employee Costs Premiseslcontents Administration Costs Legal and Professional Interest receivable Interest payable 24,196 3,587 61,909 8,989 13,797 940 (135) 10,160 34,356 3,587 62,446 17,349 13,797 940 (135> 25,570 2,908 61,051 15,464 7,269 3,220 120) 537 8,360 Total Resources Expended 113,283 19,057 132,340 11 5,462 Net Movement in Funds 8,562 29,443 3,136 2,951 Total Funds Brought Forward (60,603) 77,764 17,161 14,210 Total Funds Carried Forward (52,041} 107,207 20,297 17,161 Assets Purchased In year Vehicle for deliveries and collections Freezer for food Tablets for computer classes 15,000 199 1,440 16,639
040 Cookstown Limited Notes to the Accounts for the year ended 31 March 2024 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. ranglble flxed 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 15 % 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 pricel. 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. Pensions Contributions to defined contribution plans are expensed in the period to which they relate. 2 Employees 2024 Number 2023 Number Average number of persons employed by the company 3 Tangible flxed assets Plant and machinery etc Motor vehicles Total Cost At 1 April 2023 Additions Disposals At 31 March 2024 59,654 1,639 15,100 15,000 {3,400) 26,700 74,754 16,639 (3,400) 87,993 61,293
040 Cookstown Limited Notes to the Accounts for the year ended 31 March 2024 Depreciation At 1 April 2023 Charge for the year On disposals At 31 March 2024 53,765 1,129 12,169 2,497 (2,118) 12,548 65,934 3,626 (2,1181 67,442 54,894 Net book value At 31 March 2024 6,399 14,152 20,551 At 31 March 2023 5,889 2,931 8,820 4 Debtors 2024 2023 Trade debtors Other debtors 2,975 9,486 228 2,975 9,714 5 Creditors: amounts falllng due within one year 2024 2023 Trade creditors Taxation and social security costs Other creditors 980 126 12,093 13,199 1,000 12,093 13,093 6 Other Informatlon 040 Cookstown Limited is a private company Simited 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