CLONMORE REGENERATION GROUP LTD
(A company limited by guarantee)
Report and Financial Statements
Year ending 30 April 2024
Charity number: 103598
Company number: Nl 615461

CLONMORE REGENERATION GROUP LTD
Contents
Mission Statement
Trustees, report
Independent Examiners Report to the trustees
9-10
Statement of Financial Activities
11
Statement of Financial Position
12
Notes to the financial statements
13-20

CLONMORE REGENERATION GROUP LTD
MISSION STATEMENT
Investing in People

CLONMORE REGENERATION GROUP LTD
Report of the trustees for the Year ending 30 April 2024
The trustees are pleased to present their annual directors, report together with the financial
Statements of the charity for the year ending 30 April 2024 which are also prepared to meet the
requirements for a directors, report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2008, the Companies Act 2006, the
Memorandum and Articles of Association, and Accounting and Reporting by Charities- Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective I
January 2015).
Our purposes and activities
The purpose of the charity is to improve the quality of life for the inhabitants of the Clonmore area
through educations, facilitation of facilities in the interests of social welfare and/or leisure.
Our own constitution states that our objectives include the following-
lal
Redevelop, maintain and manage Clonmore Hall
(b)
Provide community transport for the inhabitants of Clonmore.
(c)
Support the development of a cohesive shared and integrated community.
Financial review
The trustees are pleased with the results for the year.
It is important the income is sustained to cover costs to of running the hall and to cover loan
repayments required to complete new build.
The trustees consider that the ideal level of reserrfes as at 30 April 2024 would be £8k.
The trustees rely on the support of the community and various grants to support their activities.
The trustees are of the view that the organisation is a going concern.
A major financial concern for the Centre as with any charity will be ongoing financial sustainability
from funding in the years to come. The trustees are aware of the need to maintain free resenies,
especially in the current economic climate. Continual fundraising will provide a challenging
environment in the years to come.
The trustees continue to monitor and revise strategy plan. The committee continuously worked with
other groups and tenants to promote and enhance activities from inside and outside of the
community.

CLONMORE REGENERATION GROUP LTD
Although the past year has been a challenge for all within our community towards the end of the
Covid 19 pandemic physical activities did open up again, albeit there was a delay in relation to the
same as the community had ongoing fears.
2024 has been another busy year in the Clonmore Community centered around Clonmore
Community Hall. The hall continues to be extensively used by the community for exercise,
entertainment and fundraising activities. The following groups utilised the hall in the past year,
Clonmore Youth Club, Clonmore GFC, Whylie Irish Dancing, Pilates Classes, Zumba Classes and
Clintyclay School,
The Community group continues to be successful in drawing down grants and delivering projects for
the benefit of the community. CRG is currently progressing with the hall storage extension which is a
major project being funded by ABC Council. This project has been slow to progress however we have
recently made progress and are hopeful to complete these works by the end of March.
CRG has also been involved in improvement projects at the Church Graveyard and organizing
community information / training events and has been successful in obtaining the following grant
funding
Donnelly Bros - for storage container.
Energia Grant- towards extension of footpath along Clonmore Road.
DARD Grant-towards hall insulation improvements.
Christmas Grant- funding toward5 Christmas decorations and event.
ABC Council Hall maintenance funding.
iv)
CRG have again held their annual Community Christmas dinner with a full four course lunch cooked
and served by the committee and volunteers. I would like to thank all involved for making the event
such a success however special credit must go to Bridgid Duggan who once again produced an
amazing dessert menu. We would also like to thank The Barnet Group for their continued
sponsorship of this event. This event is CRG'S main funding source along with Hall hire
The group have identified the following schemes which we would like to deliver for the community
when funding becomes available, New NIE supply to the Hall, Hall Signage, Hall Mural, playpark, and
further footpath links along Clonmore Road.
The group are aware that an increases number of events ie required to encourage to get the
community involved in new activities despite many attempts and despite quality events being
offered and delivered in the community.
I would like to thank all our committee for their volunteering across the various roles, which go to
ensuring the smooth running of the Community Hall and delivering the community projects over the
past year.
The roles include applying for grants, managing the facebook page, general hall maintenance
facilitating the opening of the hall for the various user groups and diary maintenance, ensuring all

CLONMORE REGENERATION GROUP LTD
bills are paid and general administration. Everyone's role is important to ensure that the group
delivers on its objectives.
We would like to express our sincere gratitude to our funders ABC Council - for their continued and
unwavering support in the running costs of our community hall. Their advice during this difficult time
has been invaluable.
It was very fitting that the groups efforts were recognised in the 2024 ABC Community Awards were
the group was awarded a Community Award by ABC council. I know that the workin85 of the
Clonmore Community Group are the envy of many local community groups and I hope that this
continues for many years.
Our aim for 2024 to 2025 is to generate new projects to ensure that continued community
involvement.
We look forward to you all promoting these events and taking part in a very active committee to
achieve all successfully.
Reference and administrative details
Registered Office:
157 Clonmore Road, Dungannon, Co Tyrone, BT716HX
Our advisers
Independent Examiner; Oliver Donaghy
Clonmore Road, Dungannon, Co Tyrone, BT716HX
Bankers;
Bank Of Ireland, 11 Upper English Street, Armagh, Co Armagh
Key management personnel Clonmore Regeneration Group Ltd: Trustees, and Dlrectors
Directors and trustees
The directors of the charitable company (the charity) are its trustees for the purpose of charity law.
The trustees and officers sending during the year and since the year end were as follows:
Chair:
Kieran Conlon
Secretary:
James McBennett
Treasurer
Paul Grimley
Maurice O'Neill
Ailsa McGeown
Pauline Tipping
Siobhan Loughran

CLOINMORE REGENERATION GROUP LTD
Structure. Governance and Management
Governing Document
Clonmore Regeneration Group Ltd is a Company limited by guarantee governed by its Memorandum
and Articles of Association dated 29 October 2015.
It is registered as a charity with the Charity Commission.
Membership is open to individuals/organisations by completing an application.
The charity was registered as a charity under the Corporation Taxes Act 1988. Reg no: XR 77611
Appolntment of trustees
As set out in the Articles of Association the maximum Board members shall be 12 and the minimum
number 7. One third of the members shall be co-opted by way of public advertisement. All
members are circulated with invitations to nominate trustees prior to the AGM advising them of the
retiring trustees and requesting nominations for the AGM. When considering co-opting trustees, the
Board has regard to the requirement for any specialist skills needed.
Trustee induction and trainlng
New trustees undergo an orientation se55ion to brief them on: their legal obligations under charity
and company law, the Charity Commission guidance on public benefit, and inform them of the
content of the Memorandum and Articles of Association, the committee and decision-making
processes, the business plan and recent financial performance of the charity.
Any person wishing to become a board member must apply in writing for approval by the Trustee5. It
is a requirement that the board members attend an induction process covering good governance.
During the induction they meet key employees and other trustees. Trustees are encouraged to attend
appropriate external training events where these will facilitate the undertaking of their role.
Organlsatlon
The board of trustees, which can have up to 12 members, administers the charity. The charity is
managed by the Trustee Board, which meets at least 6 time5 per year.
Related parties and co-operation with other organisations
None of our trustees receive remuneration or other benefit from their work with the charity.
Risk management
The trustees have a risk management strategy which comprises:
an annual review of the principal risks and uncertainties that the charitv

CLOINMORE REGENERATION GROUP LTD
the establishment of policies, systems and procedures to mitigate those risks identified in
the annual review,. and
the implementation of procedures designed to minimise or manage any potential impact on
the charity should those risks materialise.
This work has identified that financial sustainability is the major financial risk for the charity. A key
element in the management of financial risk 15 a regular review of available liquid funds to settle
debts as they fall due to ensure sufficient working capital by the centre.
Attention has also been focussed on non-financial risks arising from fire, health and safety stsff,
volunteers and clients. These risks are managed by ensuring accreditation is up to date, having
robust policies and procedures in place and regular awareness training for staff working in these
operational areas.
Trustees, responsibilities in relatlon to the flnancial statements
The charity trustees {who are also the directors of the Clonmore Regeneration Group Ltd for the
purpose5 of company lawl are responsible for preparing the trustees, annual report and financial
Statements in accordance with applicable law and United Kingdom Accounting Standards (United
Kingdom Generally Accepted Accounting Practice}.
Company law requires the charity trustees to prepare financial statements for each year which
give a true and fair view of the state of affairs of the charitable company and of the incoming
resources and application of resources, including the income and expenditure, of the charitable
company for that period. In preparing the financial statements. the trustees are required to."
select suitable accounting policies and then apply them consistently;
observe the methods and princip5es in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any
material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting record5 that disclose with reasonable
accuracy at any time the financial position of the charitable company and to enable them to ensure
that the financial statements comply with the Companies Act 2006. They are also responsible for
safeguardin8 the assets of the charity and hence taking reasonable steps for the prevention and
detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial
information included on the charitable compan¢s website.

CLONMORE REGENERATION GROUP LTD
Statement as to disclosure to our independent examlners
In so far as the trustees are aware at the time of approving our trustees, annual report:
there is no relevant information of which the charitable companvs independent examiner is
unaware, and
the trustees, having made enquiries of fellow directors have each taken all steps that he/she
is obliged to take as a director in order to make themselves aware of any relevant audit
information and to establish that the independent examiner is aware of that information.
This report was approved by the board of trustees and signed on its behalf by
Kieran Conlon
Director
Dated: 11 February 2025

CLONMORE REGENERATIOIN GROUP LTD
Independent exarniner's report to the Trustees on the unaudlted financial statements of Clonmore
Regeneration Group Limlted
I report on the accounts of Clonmore Regeneration Group Limited for the year ended 30 April 2024
set out on pages 10 to 20.
Respective responsibilities of trustees and independent examiner
As the charity's trustees you are responsible for the preparation of the accounts, you consider that
the audit requirement of section 6512) of the Charities Act (Northern Ireland) 2008 (the Charities
Act), does not apply and that an independent examination is needed.
The charity is required by law to prepare accrued accounts and l am qualified to undertake the
examination by being a qualified member of Chartered Accountants Ireland.
Having satisfied myself that the charity is not subject to audit under company law and 15 eligible for
independent examination, it is my responsibility to:
examine the accounts under section 65 of the Charities Att
to follow the procedures laid down in the general Directions given by the Charity
Commission for Northern Ireland under section 65(9}(bl of the Charities Act
to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with the General Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes consideration of any
unusual items or disclosures in the accounts, and seeking explanations from you as trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that would
be required in an audit and consequently no opinion is given as to whether the accounts present a
'true and fair view, and the report is limited to those matters set out in the statement below.
Independent examlner's statement
In connertion with my examination, no matter has come to my attention:
l) which gives me reasonable cause to believe that in any material respect the
requirements:
to keep proper accounting records in accordance with section 386 of the
Companies Act 2006; and
to prepare accounts which accord with the accounting records and to
comply with the accounting requirements of the Companie5 Act 2006 and

CLONMORE REGENERATION GROUP LTD
which are consistent with the methods and principles of the Statement of
Recommended Practice: Accounting and Reporting by Charities
have not been met or
2) to which, in my opinion, attention should be drawn in orderto enable a proper
understanding of the accounts to be reached.
Ollver Donaghv
Independent examiner
Clonmore Road
Dungannon
Co Tyrone
BT716HX
th
Dated: 11 February 2025
10

CLONMORE REGENERATION GROUP LTD
Statement of Financial Activities
(Including income and expenditure account)
for year endlng 30 April 2024
2024
2023
Unrestrieted
Funds
Restricted
Fullds Total Funds Total Funds
Notes
Income:
Activitiesfor generatingfvnds
Donations and Legacies
1,964
1,964
8,890
Incopnefrom charitable activilies..
Community Development
5,304
2,070
7,374
8,605
Capital Grants
9,900
9,900
Investment income
Total Income
23
23
7291
11,970
19261
17,495
Expenditure
Erpenditure on charitable activities..
Community Development
22,853
22,853
36,571
Total expenditure
22,853
22,853
36,571
Net Ineomel(expenditure) and net
movement in funds for the year
7,291
(10,883)
3,592
19,076
Transfer between Funds
31,118
(31,118)
Reconciliation of funds
Totsl Funds brought forward
10,858
49266
198,457
156,456
209,315
205.722
228,390
209JIS
Total funds carried fonvard
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 13 to 20 from part of these accounts.
li

CLONMORE REGENERATION GROUP LTD
ststement of Financial Position (balance sheet>
as at 30 April 2024
30-Apr-24
3010412023
Fixed assets
Tangible assets
Investments
Total Fixed Assets
Funds
13
196,013
210,974
196,013
210,974
Current assets
Stock
Debtors
Cash at bank and in hand
Total Current Assets
14
599
1.942
2,540
13,909
13,909
Liabilities
Creditors falling due within one year
15
4,200
4,2(K)
Net Current assets
9,709>
11,659)
Net assets
205,722
209,315
The funds of the charity:
Unrestricted Income funds
Restricted Income funds
Total charity funds
49,266
156,456
205,722
10,858
198,457
209,315
STATEMENTS
For the financial year in question the company was entitled to exemption from audit under section
477 of the Companies Act 2006 relating to small companies.
No members have required the company to obtain an audit of its financial statements for the year in
question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with
respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime and in accordance with FRS 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland,.
th
Approved by the trustee5 on 11 February 2025 and signed on its behalf.
Kieran Conlon
Dirertor
Nl 615461
The notes on pages 13 to 20 from part of these accounts.
12

CLONMORE REGENERATION GROUP LTD
Notes to Financial Statements For the year ended 30 April 2024
Accounting Policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in
the preparation of the financlal statements are as follows:
a) Basls of preparation
The financial statements have been prepared in accordance with Accounting and Reporting
by Charities: Statement of Recommended Practice applicable to charities accounts Republic
of Ireland {FRS 1021 (effective l January 2015)- (Charities SORP {FRS 102)), in accordance
with the Financial Reporting Standard applicable in the UK and preparing their Financial
Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 and the
Companies Act 2006.
The charity meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise
stated in the relevant accounting policy note{sl.
b) Preparation of the accounts on a golng concern basls
The number of using the charity is increasing year on year but the uncertainty surrounding
funding is a significant area of financial uncertainty that will invaria ble impact upon the
services that we can offer. The trustees have mitigated these risks by continually
challenging decisions made at government level to ensure that the impact of provisions of
services is minimal.
c) Income
Income is recognised when the charity has entitlement to the funds. any performance
conditions attached to the itemls) of income have been met, it is probable that the income
will be received and the amount can be measured reliably.
Income from government and other grants, whether'capital, grants or 'revenue' grants, is
recognised when the charity has entitlement to the funds, any performance conditions
attached to the grants have been met, it is probable that the income will be received and the
amount can be measured reliably and is not deferred.
13

CLONMORE REGENERATION GROUP LTD
Notes to Financial Statements (continued)
For the year ended 30 April 2024
d) Donated services and facilities
Donated professional services and donated facilities are recognised as income when the
charity has control over the item, any conditions associated with the donated item have
been met, the receipt of economic benefit from the use by the charity of the item is
probable and that economic benefit can be measured reliably.
In accordance with the Charities SORP (FRS 1021, the general volunteer time spent within the
charity is not recognised and refer to the trustees, annual report for more information atK)Ut
their contribution.
On receipt, donated professional services and donated facilities are recognised on the basis
of the value of the gift to the charity which is the amount the charity would have been
willing to pay to obtain services or facilities of equivalent economic benefrt on the open
market; a corresponding amount is then recognised in expenditure in the period of receipt.
e) Interest recelvable
Interest on funds held on deposit is included when receivable and the amount can be
measured reliably by the charity; this is normally upon notification of the interest paid or
payable by the Bank.
fl Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of
charity. Designated funds are unrestricted funds of the charity which the trustees have
decided at their discretion to set aside to use for a specific purpose. Restricted funds are
donations which the donor has specified are to be solely used for particular areas of the
CharIt￿S work or for specific artistic projects being undertaken by the Charity.
g) Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obliEation to make a payment
to a third party, it is probable that settlement will be required and the amount of the
obligation can be measured reliably. Expenditure is classified under the following activity
headings:
•• Expenditure on charitable activities includes the costs of Advice, information and
representation undertaken to further the purposes of the charity and their associated
support COSt5.
•• Other expenditure represents those items not falling into any other heading.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was
incurred.
14

CLONMORE REGENERATION GROUP LTD
Notes to Financial Statements (continued)
For the year ended 30 April 2024
h) Allocation of support costs
Support costs are those functions that assist the work of the charity but do not directly
undertake charitable activities. Support costs include back office costs, finance, personnel,
payroll and governance costs which support the Centre's programmes and activities. These
costs have been allocated between cost of raising funds and expenditure on charitable
activities. The bases on which support costs have been allocated are set out in note 6.
i) Tangible fixed assets
Individual fixed assets Costing £100 or more are capitalised at cost and are depreciated over
their estimated useful economic lives as follows:
Asset Category Annual rate
Plant and Equipment
Computers
Property
20% Reducing Balance
15% Reducing Balance
4% Straight Line
j) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade
discount offered. Prepayments are valued at the amount prepaid net of any trade discounts
due.
k) Cash at bank and In hand
Cash at bank and cash in hand includes cash and short term highly liquid investments With a
short maturity of three months or less from the date of acquisition or opening of the deposit
or similar account.
l) Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting
from a past event that will probably result in the transfer of funds to a third party and the
amount due to settle the obligation can be measured or estimated reliably. Creditors and
provisions are normally recognised at their settlement amount after allowing for any trade
discounts due.
2)
Legal status of the Trust
The organisation is a company limited by guarantee and has no share capital. In the event of
the charity being wound up, the liability in respect of the guarantee is limited to £1 per
member of the charity.
15

CLONMORE REGENERATION GROUP LTD
Notes to Financial Statements (continued)
For the year ended 30 April 2024
Income from donations and legacies
3010412024
3010412023
Donations
Donations
Fundraising
TOTAL
6,900
1,990
8,890
1,964
1,964
The Trust benefits greatly from the involvement and enthusiastic support of its many volunteers,
details of which are given in our annual report. In accordance with FRS 102 and the Charities SORP
(FRS 102), the economic contribution of general volunteers is not recognised in the accounts.
The income from donations all of which was unrestricted.
Income from charitsble activities
Unrestricted
Funds
3010412024
Restricted
Funds
3010412024
Restricted
Funds
0110512023
TOTAL
3010412024
ABC Council
Other
Hire of Hall
Daera
Show Income
1,170
900
1,170
900
5,304
5,304
4,945
1,300
2,360
TOTAL
5,304
2,070
7,374
8,605
Income Capital Grants
ABC Council
9,900
9,900
16

CLONMORE REGENERATION GROUP LTD
Notes to Financial Statements (continued)
For the year ended 30 April 2024
Analysis of expenditure on charitable activSties
2024
Total
2023
Total
Total
Insurance
Repairs and Maintenance
Light and Heat
TelephonelInt¢rnet costs
Project Costs
Mentoring
Cost of Events
Depreciation of tangiblc assets
Donations to other Charities
Governance costs (see note 10)
Support costs (see note l O)
Total
2,078
1,163
1,996
681
750
1,075
2,078
1,163
1,996
681
750
1.075
1,831
340
565.75
14,545
107
15,703
2,000
1,200
281
36,571
14,961
14,961
149
22,853
149
22,853
6)
Net incomel{expenditure) for the year
2024
2023
This is stated after charging:
Depreciation
14,961
15,703
Government Grants
Income from government grants comprises grants made by local authorities to contribute to the
running costs of the organisation.
8)
Support Costs
General
support Governance
Total
2023
Accountancy Fees
Bank charges
1,200
149
149
281
149
149
1,481
17

CLONMORE REGENERATION GROUP LTD
Notes to Financial Statements (continued)
For tbe year ended 30 April 2024
Corporation Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes
Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that
these are applied to its charitable objects.
io)
Tangible fixed assets
Leasehold
Property
Plant and
Equipment
Total
Cost:
As at l May 2023
As at 30 April 2024
268.832
268.832
47,902
47.902
316,734
316,734
Depreciation:
As at l May 2023
Charge for the year
As at 30 April 2024
85,907
10,753
96,660
19,853
4,207
24,060
105,760
14,961
120,721
Net book value
As at 30 April 2024
172,172
23,842
196,013
As at 30 April 2023
182,925
28,049
210,974
11}
Debtors
2024
2023
Debtors
599
599
121
Creditors: amounts falllng due wlthln one year
2024
2023
Trade Creditors
4,200
4,200
4,200
4,200
18

CLONMORE REGENERATION GROUP LTD
Notes to Financial Statements (continued)
For the year ended 30 April 2024
131
Analysis of charitable funds
Analysis of movements in unrestricted funds
Balance
Asatl
May 2023
Funds
Asat30
April 2024
Incoming
resourees
Resources
expended Transfers
General fund
Total
10.858
10,858
7,268
7,268
31,141
31,141
49,266
49,266
Name of unrestricted fund
Description, nature and purposes of the fund
Generalfund
The 'free reserves, after allowing for all designated funds.
Analysis of movements in restricted fund
Analysis of movements in
restrieted fund
Balance
Asatlmay
2023
Funds
Asat30
April 2024
Incoming
resources
Resources
expended
Transfers
Capital
Community
Development
198,457
14,961
36,940
146,556
11,993
7,892
5,799
9,900
Total
198,457
11,993
22,853
31,141
156,456
Name of restricted fund, Description. nature and purposes of the fund
Assets Property assets fund is the value of unrestricted funds represented by the tangible fixed
assets owned and used by the charity on an on-going basis to meet its objectives.
2024
2023
ABC Council
Fixed Assets
9,900
146,556
156,456
198,457
198,457
19

CLONMORE REGENERATION GROUP LTD
Notes to Financial Statements (continued)
For the year ended 30 April 2024
14)
Analysls of net assets between funds
General
Fund
Restricted Funds
Total
Tangible fixed assets
Cash at bank and in hand
Other net current assets/(liabiliti¢s)
Total
49,457
4,009
4,200
49,266
146,556
9,900
196,013
13,909
4,200
205,722
156,456
20