Club Aontroma Statement of Financlal Actlvlties Year onded 31 March 2025 202S Unrestrlcted funds Total funds Total funds 2024 Not• Incom& and endowments Donations and legacies Charitable activities Investment income 18,528 2,658 87 18,528 2,658 87 19,163 11,160 70 Total Income 21,273 21,273 30,393 Expendlture Expenditure on charltable activities Total expendlture 17,683 17,683 17,683 34,573 34,573 17,683 Net Incomel{expendlture) and net movemenl. In funds 3,590 3,590 14,180) Reconcillation of funds Total funds brought fotward Total funds carrled forward 43,786 43,786 47,968 43.786 47,376 47,376 The slatement of flnancial activities includes all galns and losses recognised in the ye8r. All income and expendlture derive from continuing activlties. The notes on pagès 6 to 12 forni part of thesè flnanelal statements. I Club Aontroma Notes to the Financial Statements Year ended 31 March 2025 General information The charity is a public benefit enlity and a registered charity in Northem Ireland and is unincorporatad. The address of the principal office is 25 Mayfield Gardens, Newtownabbey, Co Antrim, BT38 7WB. Statement of compllance These financial slatements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicabla lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland (FRS 102) (Chari118S SORP (FRS 102)) and the Charities Act (Northern Ireland) 2008, Accounting policias Basis of preparntion The financial statements have b86n pr8par8d on the historical cost basis, as modified by the revaluation of c8rtain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in 8terling, which is the functional currency of the 8nlty. Going concern There are no material uncertaintl8s about the charity's abilty to continu8. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future proje¢t or commitment. Restricted funds ar8 subjected to restrictions on their expenditure declared by the donor or Ihrough the terms of an appeal, and fall into one of￿0 sub4lasses'. restricted income funds or endowment funds. Club Aontroma Notes to the Financial Statements (continued) Year ended 31 March 2025 Accounting polici8s (contlnued) Incornlng resources A]1 incoming resources are included in the statement of financial activities when entitlement has passed to the charity,. it is probable that the economi¢ benefits associated with Ihe transaction will flow to the charity and the amount can be reliably measured. The following specific policies are appli8d lo particular categories of income., income from donations or grants is recognised when there is evidence of entitlement to Ihe gift, receipt is probable and ils amcunt can be measured r81iably. legacy Income is recognised when receipt is probable and entitlement is &stablished. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliabty, in which case the value is derived from the cost to the donor or the estimated resal8 value. Donated facilities and 5eNices are recognised in the accounts when r8C8ived if the value can be reliably measured. No amounts are inGluded for the contribution of general volunteers. Income from contracts for the supply of s8rvic8s is recognised with th8 delivery of the contracted s8NiC8. This is cl8ssifi8d as unrestricted funds unless there is a contractual requirem8nt for it to be spent on a particular purpose and retumed If unspent, in which case it may be regarded as restricted. Resources 8xp8nded Exp8nditure is recognised on an accruals basis as a liabilty 16 incurr8d. Expenditure includ88 any VAT which cannot be fully recov8red, and is classrfied undèr headings of the statement of financial activities to which it relates: expenditur8 on raising funds includes the costs of all fundraising activities, events, non- charitable trading activities, and the sale of donated goods. expenditure on charitable sclivities includes all costs Incurred by a charity in undertaking adivities that further its charitable aims for the benefil of it8 beneficiari8s, inGluding those support costs and casts relating to the gov8rnance of Ihe charity apportloned to charitabl6 activitie8. oth8r expenditure includes all expendilure that is neither related to raising funds for the charity nor part of its expendilure on charitabla aclivities. All costs arè allccated to exp8nditure categories reflecting the use of the resource. Direct costs attributable lo a single activity are allocated directly to that activity. Shared costs are apportion8d be￿een Ihe activities they contribute to on a reasonable, justifiable and consistent b8SIS. Tanglble assats Tangible assets are initially recorded at cost, and subsequenlty stated at Cost less any accumulated depreciation and imp8lrment loss@s. Any tangible assets carri@d at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated deprecialion and subs8quent accumulsted impaiment losses. Club Aontroma Notes to the Financlal Statements (contrnued) Year ended 31 March 2025 Accountlng pollcles (contlnued) Tangible as88ts {contlnugdJ An increase in the carying amcunt of an asset as a result of a revaluation, 15 recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the stat8m8nl of financial activities. A decrease In the carrying amount of an assel as a result of revalualion, is recognised in other recognised gains and losses, 8xcept to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on th& statement of financial aclivilies. Depreclatlon Depr8cialion is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life ofthat asset as follows- Equipmant 33Yo Straight line Impaimient of fixed assets A revlew for indlcators of Impairment is carrled out at each reporting date, wlth the recoverable amount being estimat8d where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed tor possible reversal at each reporting date. For th8 purp.oses of impairment testing, when it is not P088ible to 8Stimate the recoverable amount of an individual asset, an estlmate is made cf the recoverable amount of th8 cash-g6n8rating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the ass8t and gen8rat8s cash inflows that larggly indep8ndent of the cash inflows from other assets or groups of assets. For impairm6nt t8Sting of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-g6n8rating units that are expected to ben8fit from the synergies of the combination, irrespective of whether other assets or liabilities of the charlty are assigned to those units. Financial instruments A financlal assel or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic flnancial instruments are initi8lly recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabililies are subsequ8ntly measured at the cash or other consideration expected to be paid or received and not discounted, Debt instruments are Subsequently measured at amortised c05t. Where investments in shares are publicly traded or their fair value can othe￿ise b& measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in Income and expenditure. All oth8r such investments are subsequently measured at cost less impaimient. Club Aontroma Notas to the Financial Statemonts (continued) Year ended 31 March 2025 Accounting policie8 fcontlnuedj Finan¢lal instrumonts {contlnugdJ Other financial instruments, including derivatlV8s, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business tenns or fi'nanced al a rate of interest that is not a marf(et rate, in which casa the asset is measured at the present value of the future payments discounted at a rnarket rate of interest for a Similar debt instrument. Otherfinancial instruments are subsequently measured at fairvalue, with any changes recognised in the statement of financial activities, with the exception of hedging instrumants in a designated hedging relationship, Financial assets that ara measured at ¢ost or amortised cost are reviewed for objective evidence of impaimi8nt at th8 8nd of each r8POrting date. If ther8 is objective evidence of impairment, an impaimient loss is recognised under the appropriate heading in the statement of financi81 activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individualty significant, Ihese are assessed individually for impairment. other financlal assets are either ass8ssed individually or grouped on th8 basis of similar credit risk oharaGteristic$. Any reverssls of impairment sre recognised immediately, to the extent th81 the reversal does not result in a carying amount of the financial asset that exceeds what the carrying amount woukl have been had the impairment not previously been recogni88d. Donatlons and legacles Unr8Stricted Totsl Funds Unrestricted Total Funds Funds 2025 Funds 2024 Donations Donation8 18,528 18,528 19,163 19,163 Charitable activities Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Sale of goodslseNices as part of direct charitab16 activit188 2,658 2,658 11,160 11,160 Investment Income Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Bank interest receivable 87 87 70 70 Club Aontroma Notes to tha Flnanclal Statements (Gontlnuad) Year ended 31 March 2025 Expendlture on charltsblo aotivltles by fund type Unrestricted Total Funds Unrestricted Totsl Funds Fund5 2025 Funds 2024 Donations Fundraising Support costs 6,100 10,047 1,536 6,100 10,047 1,536 17,683 27,000 6,447 1,126 34,573 27,000 6,447 1,128 17,683 34,573 Expendlture on charltable actlvltles by actlvity type Activities undertaken directly Support Total funds costs 2026 Total fund 2024 Donations Fundraising 6,100 10,047 6,100 11,583 17,683 27,000 7,573 34,573 1,536 1,536 16,147 Analysis of support costs Analysis of support costs activity 1 Total 2025 Total 2024 Bank Charges Accountancy Foreign exchange Igains)110sses 482 900 482 9DQ 156 900 (20) 1,12e 1,53e 1,536 10. Indep8nd8nt examination fees 2025 2024 Fees payable to the independent ex8min8r for. Ind6pendent examination ofthe financial statements 900 900 11. staff costs The total staff costs and employee ben&fits for the raporting period ar6 analysed as follows.. The average head count of employees during the year was Nil (2024.. Nil). No employee received employee benefrts of more th£n £60,000 during the year12024'. Nill. 10 Club Aontroma Notes to the Financial Statamants {continuedJ Year ended 31 March 2025 12. Trustee remunoration and expenses No remuneration or othar benefts from employment wilh the charity or a related entty were received by th8 trustee8. No trustee expenses have been incurred. 13. Tanglble fixed assets Equlpment Cost At 1 Aprll 2024 and 31 March 2025 Depreciation At 1 April 2024 and 31 March 2025 Carrying amount At 31 March 2025 977 977 At 31 March 2024 14. D8btord 2025 2024 Trade debtors 3,524 8,224 15. Creditors: amounts falling du8 Within one year 2026 2024 Accruals and d&ferr6d income 5,684 900 16. Analysis of charitable funds Unrestrlcted funds At 1 April 2024 At Income Expenditure 31 Mar 2025 General funds 43,786 21,273 117,683) 47,378 At 1 April 2023 At Income Expenditure 31 Mar 2024 General funds 47,966 30,393 (34,573) 43,786 11 Club Aontroma Notes to the Flnanclal Statements (contlnugd) Year ended 31 March 2025 17. Analysis of net assets between funds Unrestricted Total Funds Funds 2025 Current as8ets Creditors le8S than 1 year Ngt assets 53,040 (5,664) 47,376 53,040 {5,664) 47,376 Unrestrict8d Total Funds Funds 2024 Curr&nl assets Creditors less than 1 year Not assets 44,886 (900) 43,786 44.688 (900) 43.786 12