Company Registratlon Number: N1038531 Charity Reglstratlon Number: NIC103358 The Antrlm Down and Armagh Rural Support Network (T.A.D.A) (Charitable Company Limited by Guarantee) Annual Report and Unaudited Flnancial Statements For the year ended 31 March 2025 McGarry
The Antrim Down and Armagh Rural Support Network (T.A.D.A) (Charitable Company Limited by Guarantee) ontent 31 h20 Page General Informatlon Trustees Annual Report Independent Examlner's Report statement of Fi nanclal Actlvltles 10 statement of Flnanclal Positlon 11- 12 Notes to the Flnanclal Statements 13-22
The Antrim Down and Armagh Rural Support Network (T.A.D.A) (Charitable Company Limited by Guarantee) GENERAL ATIO Board of Trustees Arnold Hatch Geraldine Lawless Bryan McLaughlln Mary Josephlne Loughran Kyle Alfred David Savage Vlolet Noelle Menual Walter Ferrls Wllllam Harris Jones Shella Mccreesh Lenny Deans Martin Busch Company Secretary Arnold Hatch Reglstered offlce Unlt loa 19 Carn Buslness Park Portadown Cragavon Co Armagh BT63 5WG Company reglstration number N1038531 Charlty reglstration number NIC103358 Independent examlners McGarry & Co Chartered Accountants Mlllennium Court Wllliam Street Portadown Co Armagh 8T62 3NX Bankers Danske Bank 39 Market Street Lurgan Co Armagh BT66 6AB
The Antrim Down and Armagh Rural Support Network (T.A.D.A) (Charitable Company Limited by Guarantee) TRUSTEE'S REPORT (INCLUDING DIRECTORS. REPORT) For the year ended 31 March 2025 The Directors, who are the trustees for the purpose of charlty law, have pleasure In presenting thelr report and the unaudlted flnanclal statements of the charitable company for the year ended 31 March 2025. The flnanclal statements have been prepared In accordance with the Statement of Recommended Practice "AccountSng and Reportlng by Charftles (FRS 102), Unlted Klngdom Generally Accepted Accountlng Practlce and the Companles Act 2006. The reference and admlnlstratlon detalls of the charlty are as shown on page 3. The Trustee's report contalns the Informatlon requlred to be provlded In the Trustees, Annual Report under the Statement of Recommended Practice (SORP) guldellnes, The trustees of the company are also the charlty trustees for the purpose of charlty law and under the company's consltutlons are known as members of the board of trustees. In thSs report the trustees of The Antrlm Down and Armagh Rural Support Network (T.A.D.A.) present a Summary of Its purpose, governance, actlvities, achlevements and flnances for the flnanclal year 31 March 2025. The company is a reglstered charlty and hence the report and results are presented In a form whlch comp15es wlth the requlrements of the Companles Act 2006 and, although not obllged to comply wlth the Statement of Recommended Practlce, the organlsatlon has Implemented Its recommendatlons where relevant In these flnanclal statements Publlc Beneflt statement The Dlrectors of T.A.D.A conflrm that they have complled wlth the guldance produced on Publlc Beneflt by the Charlty Commlsslon for Northern Ireland, and are pleased to report that during the year the charltable company has contlnued to provlde Publlc Beneflt through the servlces offered.
TRUSTEE'S REPORT (INCLUDING DIRECTORS, REPORT) For the year ended 31 March 2025 Review of Actlvlties, Achievements and Performance. During the year support has been provided to rural communlty groups In the Armagh, Banbrldge, Craigavon, Llsburn and Castlereagh area to improve the quallty of Ilfe for all people of the area. TADA strlve to develop capaclty and leaderShP skllls asslstlng to empower and sustaln local communltles. Support Is provided on good governance, Charlty Commlsslon reglstration and annual reportlngi completing funding appllcatlons and project actlon plannlng. Regular emails go out to educate and provide groups wlth advSce, guldance, informatlon of actlvlties and events, tralnlng and funding. TADA Is one of seven Rural Support Network provlders In Northern Ireland awarded the DAERA Rural Communlty Development Support Service contracted to provlde local communlty development support and an advlce servlce to the rural communities. TADA supports the sustalnablllty of vlbrant rural communltles, by providlng Snformatlon, advocacy, capaclty building and partnershlp worklng. TADA primarlly work In the rural areas of Armagh, Banbrldge and Cralgavon areas but we also have a Jolnt contract with our slster network, County Down Rural Support Network, to work In Llsburn and Castlereagh rural areas. Flnancial Revlew Financlal Performance At the end of the flnanlcal year the company had assets of £209,296 (2024 - £182,647) and liabilltles of £14,003 (2024 - £16,795). The net assets of the compnay have Increased by £29,441. Reserves Policy The Trustees have confirmed £80,000 as the level of free reserves that the charlty alms to have on an ongoing basls. The trustees belleve thls level of free reserves Is essentlal to cover runnlng costs and redundancles should fundlng cease. structure, Governance and Management Organlsational structure The charitable company Is a company Ilrnlted by guarantee, not havSng a share capltal. The charltable cornpany was establlshed under a Memorandum of Associatlon whlch establlshed the objects and powers of the charltable company and Is governed under its Artlcles of Assoclation. In accordance vvlth the Artlcles of Assoclation, the members to retire by rotation shall be those who have been longest in offlce slnce their last election, and the relevant motlon wlll be put at the Annual General Meeting. A retlring member shall be ellglble for re-electlon.
TRUSTEE'S REPORT (INCLUDING DIRECTORS, REPORT) For the year ended 31 March 2025 Directors The Dlrectors durlng the year are the same as the Trustees as Ilsted on page 3. Taxation Status The charitable company Is recognlsed as a charlty by HM Revenue & Customs. Accordlngly, the charltable company has avalled of the exemptlons contalned In Chapter 3 Part 11 Corporatlon Taxes Act 2010 and Section 256 Taxatlon of Chargeable Galns Act 1992. Dlrectors, Responsibilities The Dlrectors are responslble for preparlng the flnancial statements In accordance wlth appllcable law and Unlted Klngdom Accounting Standards (Unlted Kingdom Generally Accepted Accountlng Practlce). Company law requlres the Dlrectors to prepare flnanclal statements for each financlal year whlch glve a true and falr vlew of the state of the affalrs of the charltable company and of the Incomlng resources and appllcation of resources, Including the Income and expendlture, of the charitable company for that year. In preparing these financlal statements the Dlrectors are requlred to.. •select suitable accountlng pollcles and apply them conslstently. •observe the methods and prlnclples In the Charltles SORP (FRS 102); •make Judgements and estlmates that are reasonable and prudent. •state whether appllcable UK Accountlng Standards have been followed, subject to any materlal departures dlsclosed and explalned In the financlal statements. and •prepare the flnanclal statements on the golng concern bas55 unless It Is Inapproprlate to presume that the charltable company wlll contl nue in operatlon. The Dlrectors are responslble for keeplng adequate accountlng records that dlsclose wlth reasonable accuracy at any tlme the financlal posltlon of the charltable company and to enable them to ensure that the flnanclal statements comply with the Companles Act 2006. They are also responslble for safeguarding the assets of the charltable company and hence for taklng reasonable steps for the preventlon and detettlon of fraud and other irregularltles.
TRUSTEE'S REPORT (INCLUDING DIRECTORS, REPORT) For the year ended 31 March 2025 Small Companies Exernption The above report has been prepared In accordance wlth the speclal provlslons relatlng to small companles wlthln Part 15 of the Companles Act 2006. This report was approved by the Board of Trustees on by.. 10 I I kl 11 and slgned on its behalf GERA DINE LAWLESS Trustee BRYAN MCLAUGH Trustee IN Company Reglstration Number: N1038531 Charlty Reglstration Number: NIC103358
The Antrim Down and Armagh Rural Support Network (T.A.D.A) (Charitable Company Limited by Guarantee) Independent Examiners, Report to the members on the unaudited financial statements of The Antrlm Down and Armagh Rural Support Network {T.A.DA.) for the year ended 31 March 2025 We report on the flnanclal statements of the charltsble company for the year ended 31 March 2025 which are set out on pages 10 - 22. Respective Responslbllltles of Trustees and Independent Examlner As the charltable company's Directors, who are the trustees for the purpose of charity law, you are responslble for the preparatlon of the financlal statements In accordance wlth the requlrements of the Companies Act 2006. Havlng satlsfied ourselves that the charltable company Is not subject to audlt under company law, and Is ellglble for Independent examlnatlon, It Is our responslblllty to., a) examlne the accounts under sectlon 65 of the Charltles Act (Northern Ireland) 2008; b) follow the procedures lald down In the general dlrectlons given by the Charlty Commisslon for Northern Ireland under section 65(9)(b) of the Charltles Act (Northern Ireland) 2008; and c) state whether partlcular matters have come to our attentlon. Basls of Independent Examiner's Report We have examlned your charltable company's flnanclal statements as required under sectlon 65 of the Charlties Act (Northern Ireland) 2008 and our examlnatlon was carried out Sn accordance with the general dlrectlons glven by the Charlty Commisslon for Northern Ireland under sectlon 65(9){b) of the CharStles Act (Northern Ireland) 2008, The examlnatlon Included a revlew of the accountlng records kept by the charltable company and a comparlson of the accounts presented wlth those records. It also Includes consideratlon of any unusual items or dlsclosures In the accounts and seeklng explanations from you as charltable company Dlrectors concernlng any such matters. Our role is to state whether any materlal matters have come to our attentlon glvlng us cause to belleve: a) That accountlng records were not kept In accordance wlth sectlon 386 of the Companies Att 2006. or b) That the accounts do not accord wlth those accountlng records. or c) That the accounts do not comply wlth the accountlng requlrements of sectlon 396 of the Companies Act 2006 and wlth the methods and princlples of the Charltles Statement of Recommended Practlce appllcable to charitles preparlng thelr accounts in accordan wlth the Flnancial Reportlng Standard applicable In the UK and Republlc of Ireland; or d) That there Is further informatlon needed for a proper understanding of the accounts to be reached,
Independent Examiners. Report to the members on the unaudited financial statements of The Antrim Down and Armagh Rural Support Network (T.A.DA.) for the year ended 31 March 2025 Independent Examlner's Statement We have completed our examlnatlon and have no concerns In respect of the matters Isted above and, In connectlon with followlng the Direttlons of the Charitr Commlsslon for Northern Ireland, we have found no rnatters that requlre drawlng to your attentlon. Rualrl McGarry McGarry & Co Chartered Accountants Mlllennium Court Wllllam Street Portadown Co Armagh, BT62 3NX Date: l .IlzgYtS
The Antrim Down and Armagh Rural Support Network (T.A.D.A) (Charitable Company Limlted by Guarantee) Statement of Financlal Activities For the year ended 31 March 2025 Unrestrlcted Restrlcted Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 Notes INCOME AND ENDOWMENTS Voluntary Income Other Incotlle TOTAL INCOME AND ENDOWM 258,212 258,212 224,943 4,283 258,212 62,495 27,5 Expendlture Charltable activltles Total expendlture 229 893 229 893 233 054 233 054 222 270 222 270 Net income / (outgolng) resources for the year 1,122 28,319 29,441 5,280 Transfers between funds Balance brought forward 120,151 45,701 165,852 160,571 Balance Carried forward 121 273 74020 195293 165851 The above Statement of Flnanclal Actlvltles Includes all Informatlon as requlred to be dlsclosed by the Companles Act 2006. All of the actlvltles of the charltable company are classed as contlnuing. The Statement of FinancSal Actlvltles Includes all galns and losses recognlsed durlng the year. The notes on pages 13 to 22 form an Integral part of the flnanclal statements. io
The Antrim Down and Armagh Rural Support Network (T.A.D.A) (Charitable Company Limited by Guarantee) Statement of Financial Position As at 31 March 2025 2025 2024 Notes Non-current Assets Property, plant and equipment Current assets Recelvables Cash and cash equlvalents 10,554 196 633 207,187 7,737 172 429 180,166 Payables: Amounts falling due within one year 10 Net current assets 193 184 163 371 Total Jssets less Current liabllltles 195,293 165,852 Payables: Amounts falllng due after one year Net Assets 195 293 165 852 REPRESENTED BY: Unrestrlcted funds Restricted funds Total Funds 12 12 12 121,273 120,151 195 293 165 852 The dlrectors, statements shown on the followlng page form part of thls Statement of Fi nancia I Posltl on. 11
The Antrim Down and Armagh Rural Support Network (T.A.D.A) (Charitable Company Limited by Guarantee) Statement of Financial Position As at 31 March 2025 (Continued) These flnancial statements have been prepared In accordance wlth the provlslons appllcable to the small companies, reglme wlthln Part 15 of the Companles Act 2006. For the flnanclal year ended 31 March 2025 the company was entitled to exemptlon from audlt under sectlon 477 of the Companles Act 2006. The Dlrectors conflrm that the members have not requlred the company to obtain an audlt of its flnanclal statements for the year In questlon in accordance wlth sectlon 476 of the Companles Act 2006, The Dlrettors acknowledge thelr responsibllltles for ensuring that the charltable company keeps accountlng records whlch comply wlth Sectlon 386; and for preparlng flnanclal statements which glve a true and fair view of the state of affalrs of the charitable company as at the end of the flnanclal year and of Its Incomlng or outgolng resources for the flnanclal year In accordan wlth the reqU1MentS of sectlons 394 and 395 and which otherwlse comply wlth the requlrements of the Companies Att 2006 relating to flnanclal statements, so far as applicable to the charltable company. The notes on pages 13 to 22 form an Integral part of the flnanclal statements. The flnanclal statements were approved and authorised for Issue by the Board of Dlrettors and slgned on their behalf by.. GE LDINE LAWLESS tee BRYAN MCLAUGH Tr Trustee Date Date Company Registration Number: N1038531 Charlty Reglstratlon Number: NIC103358 12
The Antrim Down and Armagh Rural Support Network (T.A.D.A) (Charitable Company Limlted by Guarantee) Notes to the Financlal Statements For the year ended 31 March 2025 I. GENERAL INFORMATION The Antrlm Down and Armagh Rural Support Network (T.A.D.A.) Is a charltable company Ilmlted by guarantee incorporated In Northern Ireland. In the event of the charltable company belng wound Upi the Ilabillty In respect of the guarantee Ss Ilmlted to £1 per member of the charltable company. The address of the reglstered offtce Is as shown on page 2. ACCOUNTING POLICIES The followlng accountlng pollcles have been applled conslstently In deallng wlth Items whlch are consldered materlal In relatlon to the charltable company's flnancial statements, 2.1 statement of Compliance The flnancial statements have been prepared in accordance wlth Accounting and Reportlng by Charites.. Statement of Recommended Practlce (SORP) applScable to charltles preparlng thelr financial staternents In accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland (FRS 102) effectlve l January 2021 (Second Edltlon), the Flnancial Reportlng Standard applicable in the Unlted Kingdom and Republlc of Ireland (FRS 102) and the Companies Act 2006. 2.2 Basis of Preparatlon The flnancial statements are prepared on a golng concern basls under the historlcal cost conventlon unless otherwlse stated In the relevant accountlng pollcy. Hlstorical cost Is generally based on the falr value of the conslderatlon glven in exchange for assets. The following accountlng pollcles have been applied conslstently In dealing with Items whlch are consldered material In relatlon to the charitable company's flnancial statements. 2.3 Cash Flow Statement The charltable company has applled Update Bulletin 2 as publlshed on 5th October 2018 (effective l January 2019) and does not Include a cash flow statement on the grounds that It Is applylng FRS 102 Settion IA, 13
The Antrim Down and Armagh Rural Support Network {T.A.D.A) (Charitable Company Limited by Guarantee) Notes to the Financial Statements For the year ended 31 March 2025 2.4 Xncorne and Endowments (l) Charitable Activities Income from charitable actlvlties Includes income received under contratt or where entltlement to grant fundlng is subject to speclflc performance condltions. It Is recognlsed as earned as the related servlces or goods are provlded. Grant Income Is recognlsed In the Statement of Flnancial Actlvltles when reCeVable. Grant Income inclLJded In thls category provides fundlng to support projects and Is recognlsed where there Is entitlement, certalnty of receipt and the amount can be measured wlth sufflcient rellabll'lty. (11) Other Income other Income Is recognlsed In the Statement of Flnanclal Actlvlties where there Is entitlement, certalnty of reIpt and the amount can be measured wlth sufflclent rellablllty. 2.5 Expenditure Expendlture is recognlsed when a Ilablllty Is Incurred. Contractual arrangements and perf0rrnan related grants are recognlsed as goods and servlces are supplled, Where costs cannot be di rectly attrlbuted to a partlcular headlngi they have been allocated to actlvltles on a basls conslstent wlth use of resources. Staff costs and overhead expenses are allocated to actlvltSes on the basls of staff tlme spent on those actlvltles. (l) Charitable Actlvltles Thls comprlses all the resources applled by the charltable company In undertaklng Its work to meet Its charltable objectives. Charltable actlvltles wlll Include the costs of governance arrangements which relate to the general runnlng of the charltable company. 2.6 Fund Accountlng The charltable company has two types of funds for whlch it is responslble at the year-end.. Unrestricted Funds Funds whlch are expendable at the dlscretlon of the Board of Dlrectors In furtherance of the objectlves of the charltable company. In addltlons, funds may be held in order to flnance capltal investment and worklng capital. Restricted Funds Income recelved for speclflc purposes. Such purposes are wlthln the overall alms of the charitable company. 14
The Antrim Down and Armagh Rural Support Network (T.A.D.A) (Charitable Company Limited by Guarantee) Notes to the Financlal Statements For the year ended 31 March 2025 2.7 Propertyi Plant and Equipment and Depreciatlon All property, plant and equipment are Inltlally recorded at cost. DepCiatIon Is provlded at rates calculated to wrlte off the cost less resldual value of each asset over Its expected useful Ilfe, as follows.. Flxtures, Flttlngs & Equlpment 15 % Reduclng Balance 2.8 Trade and Other Recelvables Trade and other recelvables are inltlally recorded at fair value and thereafter stated at cost less impalrment losses for bad and doubtful debts. 2.9 Trade and Other Payables Trade and other payables are Inltlally recognlsed at falr value and thereafter stated at cost. 2.10 Taxatlon As a charltyi the charltable company is not Ilable to Corporatlon Tax. 2.11 Cash and cash equlvalents Cash and cash equlvalents Include cash in hand, depOStS held at call wlth banks, other short term highly Ilquld Investments wlth orlglnal maturities of three months or less. 2.12 Flnance Costs Flnance Costs are charged to the Statement of Flnanclal Actlvlt5es over the term of the debt. 15
The Antrim Down and Armagh Rural Support Network.(T.A.D.A) (Charitable Company Limited by Guarantee) Notes to the Financial Statements For the year ended 31 March 2025 2.13 Financlal Instruments (l) Flnanclal assets Baslc flnanclal assets, Including trade and other receivables, cash and bank balances and amounts owed by related partles and are Inltlally recognlsed at transactlon prlce, unless the arrangement constitutes a flnanclng transactlon, where the transaction Is measured at the present value of the future recelpts discounted at a market rate of Interest, Such assets are subsequently carrled at amortlsed cost using the effectlve Snterest method. At the end of each reportlng perlod flnanclal assets measured at amortlsed cost are assessed for objectlve evldence of Impalrment. If an asset Is Impalred the Impalrment loss Is the difference between the carrylng amount and the present value of the estlrnated cash flows dlscounted at the asset's origlnal effectlve Interest rate. The Impalrment loss is recognlsed In proflt or loss. If there Is decrease In the Impalrment loss arislng from an event occurrlng after the Impalrment was recognlsed, the Smpalrment Is reversed. The reversal is such that the current carrylng amount does not exceed what the carrying amount would have been had the Impalrment not prevlously been recognlsed. The Impalrment reversal Is recognlsed In proflt or loss. Flnanclal assets are derecognlsed when (a) the contractual rlghts to the cash flows from the asset explre or are settled, or (b) substantlally all the rlsks and rewards of the ownershlp of the asset are transferred to another party or (c) desplte havlng retalned some slgnificant rlsks and rewards of ownershipi control of the asset has been transferred to another party who has the pract1cal ablllty to unllaterally sell the asset to an unrelated thlrd party without Imposlng addltlonal restrlttlons. (11) Financlal Ilabllitles Baslc flnanclal Ilabllltles, Includlng trade and other payables, bank loan5 and overdrafts and amounts owed to related partles are Inltlally recognlsed at transactlon prlce, unless the arrangement constltutes a financlng transactlon, where the debt Instrument Is measured at the present value of the future receipts dlscounted at a market rate of Interest. Debt instruments are subsequently carrled at amortlsed cost, uslng the effectlve Interest rate method. Fees pald on the establlshment of loan facilities are recognlsed as transattlon costs of the loan to the extent that It Is probable that some or all of the faci1Sty wlll be drawn down, In thls case, the fee is deferred until the draw-down occurs. To the extent there Is no evidence that it is probable that some or all of the faclllty wlll be drawn down, the fee Is capitalised as a pre-payment for Ilquldlty servlces and amortlsed over the perlod of the facility to which it relates. 16
The Antrim Down and Armagh Rural Support Network (T.A.D.A) (Charitable Company Limlted by Guarantee) Notes to the Financial Statements For the year ended 31 March 2025 Trade payables are obllgatlons to pay for goods or servltrs that have been acqulred in the ordinary course of buslness from suppllers. Accounts payable are classlfled as current Ilabllltles If payment Is due wlthln one year or less. If not, they are presented as non-current liabilitles. Trade payables are recognlsed Inltially at transactlon prlce and subsequently measured at amortised cost using the effectlve Interest method. (111) Offsettlng Flnanclal assets and Ilabllities are offset, and the net amounts presented in the flnanclal statements when there Is a legally enforceable right to set off the recognised amounts and there Is an Intentlon to settle on a net basls or to reallse the asset and settle the Ilablllty slmultaneously. 2.14 Critical Accounting Judgements and Estlmatlon Uncertainty Estlmates and Judgements are contlnually evaluated and are based on historlcal experience and other factors, Includlng expectatlons of future events that are belleved to be reasonable under the clrcumstances. Critical judgements in applying the entlty s accountlng pollcles There are no critical Judgements In applylng the charity's accountlng policies. Critical accountlng estimates and assumptlons The are no actual accountlng estimates and essumptions, 17
The Antrim Down and Armagh Rural Support Network (T.A.D.A) (Charitable Company Limited by Guarantee) Notes to the Financlal Statements For the year ended 31 March 2025 3. INCOME AND ENDOWMENTS Unrestricted Funds 2025 Restrlcted Funds 2025 Total Funds Total Funds 2025 2024 Charitable Activities Grant income.. DAERA - Core & Project Fund 193,904 193,904 173,790 ABC Grant Ald Llsburn Grant Ald DFC Jobstart Rank Foundation Department of Foregln Affalrs (ROI) Community Relatlons Councll 9,150 2,275 8,963 31,222 7,798 9,150 2,275 8,963 31,222 7,798 8,728 2,075 3,735 36,615 4,900 4,900 Total Income from Charitable Actlvlties 258,212 258,212 224,943 other Income Other Income 4,283 4,283 2,607 18
The Antrlm Down and Armagh Rural Support Network (T.A.D.A) (Charitable Company Limited by Guarantee) Notes to the Flnancial Statements For the year ended 31 March 2025 4. EXPENDITURE CHARITABLE ACTIVITIES Other Costs 2025 Support Costs 2025 Total Toal 2025 2024 Charitable actlvltles DFC Jobstart DAERA - Core & Project Fund 7,059 7,059 3,735 179,203 179,203 2,275 2,275 9,122 9,122 28,158 28,158 3,416 3,416 181,470 2,247 9,435 25,382 Llsburn Grantald ABC Grantald Rank Foundatlon Department of Foregln Affalrs (ROI) Communlty Relatlons Counc51 233,054 233,054 222,270 4.1 Analysls of support costs Total Total 2025 2024 Programme Costs Accountancy / Bookeepl ng Salarles, wages & related costs General Office running costs Bank Fees staff tralnl ng Consultancy 32,605 3,883 167,644 26,758 202 810 1,152 233,054 26,701 3,388 159,655 24,806 221 5,337 222,270 19
The Antrim Down and Armagh Rural Support Network (T.A.D.A) (Charitable Company Limited by Guarantee) Notes to the Flnanclal Statements For the year ended 31 March 2025 5. NET INCOME/(EXPENDITURE) FOR THE YEAR Net Incorne/(expendlture Is stated after charglng/(credltlng): 2025 2024 Depreclatlon of propertyi plant and equlpment 372 372 438 438 6. INDEPENDENT EXAMINER'S REMUNERATION The Independent Examlner's remuneratlon amounts to a fee of £1,800 (2023: £1,800) 7. STAFF COSTS AND EMPLOYEE BENEFITS The average number of persons ernployed by the charltable company during the year 6 (2023: 6). The total staff costs and employee beneflt's was as follows: 2025 2024 Wages, salaries and penslons (Includlng social security) 167,644 154,920 No employee of the chartlable company recelved total employee beneflts of more than £60,000. 7.1 DIRECTORS, REMUNERATION The Directors nelther recelved nor waSved any remuneratlons or any other benefits durlng the year and no reimbursements of expenses incurred. 20
The Antrim Down and Armagh Rural Support Network (T.A.D.A) (Charitable Company Limited by Guarantee) Notes to the Financial Statements For the year ended 31 March 2025 8. PROPERTY, PLANT AND EQUIPMENT Flxtures, Flttlngs and Equlpment Total Cost At 31 Narch 2024 Additlons At 31 March 2025 27,378 27,378 Depreclation At 31 March 2024 Charge for the year At 31 March 2025 24,897 372 24,897 372 Net Book Value At 31 March 2025 At 31 March 2024 9. RECEIVABLES 2025 2024 Trade Debtors Prepayrnents & Accrued Income Taxatlon & Soclal Securlty costs 6,911 1,600 4,103 3,634 10,554 7,737 10. PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Accruals & Deferred income Taxatlon & Soclal Securlty costs 14,003 14,002 14,003 16,795 21
The Antrim Down and Armagh Rural Support Network (T.A.D.A) (Charitable Company Limited by Guarantee) Notes to the Financial Statements For the year ended 31 March 2025 11. RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted Restricted Funds Funds 2025 2025 Total Funds 2025 At 1st April 2023 Movement during Financlal Year At 31 March 2024 Movement durlng Financial Year At 31 March 2025 123,998 36,573 160,571 120,151 45,701 165,852 121273 195 293 12. ANALYSIS OF MOVEMENTS IN FUNDS Openlng Income Balance Expendlture Transfer Between Funds Closing Balance DAEIA - Core & Project Fund ABC Grantaid Lisburn Grantald DFC Jobstart 30,622 193,904 (176,042) 48,484 395 96 2,496 9,150 2,275 8,963 (9,122) (2,275) (7,059) 423 96 4,400 Department of Foregin Affairs (ROI) Communlty Relations CDuncil Rank Foundation Restricted Funds 7,798 (3,416) 4,382 4,900 (3,821) 1,079 45,701 258,212 (229,893) 74,020 Unrestricted Funds 120,151 4,283 (3,161} 121,273 Total Funds 165 852 262 495 233 054 195 293 13. CONTINGENT LIABILITIES A contlngent Ilability exists to repay grants recelved should certaln condltlons not be fulfllled by the company. 22