Company Registration Number: N1050068 Charity Number.. 103689 Churchtown Community Association {A company limited by guarantee. not having a share capital) Annual Report and Unaudited Financial Statements for the financial year ended 31 March 2023
Churchtown Community Association A company limited by guarantee, not having a share capital) CONTENTS Page Reference and Administrative Information Directors. Annual Report Statement of Directors, Responsibilities Independent Examiner's Report Statement of Financial Activities Summary Income and Expenditure Account 10 Balance Sheet Notes to the Financial Statements 12-16 Supplementary Information relating to the Financial Statements 18
Churchtown Community Association (A company limited by guarantee, not having a share capital) REFERENCE AND ADMINISTRATIVE INFORMATION Directors David Cameron Jane Harvey Gordon James Speer Maria Corry Samuel David Young Nigel Andrew William Harpur Aisling McHugh Sorcha McHugh Company Secretary Brendan Devlin Charity Number in Northern Ireland 103689 Company Registration Number N1050068 Registered Office and Principal Address 48 Lurganbuoy Road Castlederg Co Tyrone BT817HT Independent Examiner Michael Drumm FCCA 30a Gortin Road Ornagh Co Tyrone BT79 7HX Principal Bankers Bank of Ireland 4 John Street Castlederg Co Tyrone BT817AW
Churchtown Community Association IA company limited by guarantee, not having a share capital) DIRECTORS. ANNUAL REPORT for the financial year ended 31 March 2023 The directors present their Directors. Annual Report, combining the Directors, Report and Trustees, Report. and the unaudited financial statements for the financial year ended 31 March 2023. The financial statements are prepared in accordance with the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Statemenl of Recommended Pracb'ce applicable to charities preparing their financial slatemenls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. The Directors, Report contains the information required to be provided in the Directors, Annual Report under the Statement of Recommended Practice ISORP) guidelines. The directors of Ihe company are also charity Iruslees for the purpose of charity law and under the company's constitution are known as members of the board of trustees. In this report the directors of Churchtown Community Association present a summary of its purpose, govemance. activities, achievements and finances for the financial financial year 31 March 2023. The company is a registered charity and hence the report and results are presented in a form which complies with the requirements of the Companies Act 2006 and. although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented ils recommendations where relevant in these financial statements. Mission, Objectives and Strategy Objectives The principal activity of the company is to promote the benefit of the Casllederg area and its environs in a common effort to advance education, relieve poverty. relieve unemployment, preserve and protect health and provide facilities in the interest of social welfare for recreation and other leisure time occupations with the object of improving the conditions of life for said inhabitants by: Providing or securing the provision of social services, educational and recreational facilities and practical assistance for all persons residenl with the area. providing, endow and furnish and fit out with all necessary fvrniture and other equipment and maintain such building, premises and centres as may from time to time be required for the purposes of the company. structure, Governance and Management structure Churchtown Community Association is a company limited by guarantee governed by its Memorandum & Articles of Association dated 7th March 2004. It is registered as a charity with the Charity Commission Nl. Review of Actlvlties, Achièvements and Performance Review Period Activities During the review period up lo 31st March 2023. Churchtown CA continued lo work in partnership with numerous agencieslorganisations to deliver a range of community projects and se¥vices, these included.. Youth Leadership Programme (funded by.. Derg DEA Growth Partnership) 65 programme hours - Activities Team Building Workshops Goal Setting Leadership Overnight Residential Presentation of Certificates by Mayor IDCSDC) Celebration Event- Spring Community Festival Distributed 10 Sports trolleys & equipment to local groups. Healthy Relationships workshop (funded by.. PCSP - Derry City & Strabane DC) 40 Programme Hour5- Activities Health Relationships Workshops Primary & P05t Primary Children Community & Online Safety Workshops Distributed 40 Personal Safely Resource Packs Domestic Violencelcoercive Behaviour Awareness Workshop5 Primary & Post Primary- Creative Mindfulness Sessions with PSNI Reconnecustay Connected (funded by.. Derry City & Slrabane DC)
Churchtown Community Association IA company limitèd by guarantée. not having a share capital) DIRECTORS. ANNUAL REPORT for the financial year ended 31 March 2023 150 Programme Hours- Activities Weekly Men's Shed Weekly Craft Session In addition, to the aforementioned programmes Churchlown Community Association continued to deliver comprehensive portfolio of community projects as detailed below- Digilal Device Loan Scheme Personal Success & Well Being Seasonal themed children's workshops eg Halloween, Christmas, Spring & Summer Self-care Sessions (Meditation & Mindfulness} Community Befriending Training Basic Life Support Skills Makaton CSR Manual Handling Food Safely Mental Health First Aid Dyslexia Awareness Paedialric First Aid Child Protection and Safeguarding Significant Projects The trustees of Churchtown CA are currently working as a partner with DCSDC with regards to Ihe Smart Village NebNork. If successful, this programme will provide funding lo develop a Digital Hub within the Community Centre with the aim ol providing training and resources for the local community to engage in. These programmes were in addition to providing administration support-, resource sharing etc with several local organisalions and groupings including Cornmunity Allotments One Town History Group Naiscoil na Deirge CPM Castlederg Childcare Services Financial Results At the end of the financial year the company has assets of £57,08012022 - £51.3981 and liabilities of £35,600 (2022 - £13,213). The net assets ofthe company have decreased by £(16,7051. Future Development Future Development Plans When permitted to do so Churchtown CA will re-open the community centre and the director5 have identified the following areas for development for the incoming period.. Completion of Comrnunity Audit Introduce Menopause Education & Awareness Session Introduce Monthly Menopause Support Group Introduce Diva Den Develop further Men Shed Activities Develop further History Group Develop & deliver community events Continue to collaborate with local council re land transfer with consideration of erecting Communily Well Being and training unit. Continue to lobby Dery City & Strabane DC re upgrading of Play Park situated at Hillview Park.
Churchtown Community Association IA company limited by guarantee, not having a share capital) DIRECTORS, ANNUAL REPORT for the financial year ended 31 March 2023 Directors The directors who served throughout the financial year, except as noled. were as follows.. David Cameron Jane Harvey Gordon James Speer Maria Corry Samuel David Young Nigel Andrew William Harpur Aisling McHugh Sorcha McHugh In accordance with the Conslitulion, the directors relire by rotation and, being eligible, offer themselves for re-election. The secretary who served during the financial year was.. Brendan Devlin Staff Training and Development The Association employs 3 members of staff.. 1 part lime and 2 full time, with 20 volunteers in supporting roles such as caretaker. adminislralion support and stewarding community events. Compliance with Sector-wide Legislation and Standards The company engages pro-actively with legislation. standards and codes which are developed for the sector. Churchtown Community Association subscribes to and is compliant with the following: The Companies Act 2006 The Charities SORP {FRS 102) Public Benefits Statement The association has identified 2 main purposes of ils activities=. 1 } Provision of Community Venue for advancement of citizenship and community development 21 Advancement of education and relief of unemployment & poverty. In assessing the benefits that flow from these purposes the association would suggest the following:_ 1) Provision of Community Venue for advancement of citizenship and community development. Through this provision beneficiaries are able lo improve the quality of their lives by accessing information and services which would olhernise remain unavailable lo them. 2) Advancement of Education.. relief of unemployment & poverty. The benefits that flow from this purpose is enhanced educational attainment for the beneficiaries which improves their ernployabilily potential and increased confidence to participale community life whilst reducing social isolation. Through improved economic standing and employment beneficiaries can move out of poverty and reliance on welfare. The association measures the outcome of these benefits via a number of mechanisms such as.. Monitoring activities and session delivered Number of enquiries Attendance Records Individual session evaluation forms Number and types of organisations availing of community cenlre. There is no harm potential flowing from the purposes of Churchlown Community Association. The charity's beneficiaries are individuals who attend the various training aclivities and information sessions. Additional beneficiaries include, members of the various groupings availing of the venue such as AA. Family Contact Visits. local football clubs etc. The benefits of the association are open lo the inhabitants of Castlederg and it environs. Approved by the Board of Directors on 11 Deeember 2023 and signed on its behalf by.. David Cameron Director ne Harvey ector
Churchtown Community Association {A company limltèd by guarantee, not having a share capital) STATEMENT OF DIRECTORS, RESPONSIBILITIES for the financial year ended 31 March 2023 The directors are responsible for preparing the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected lo prepare the financial stalements in accordance with United Kingdom Generally Accepted Accounting Practice {Uniled Kingdom Accounting Standards and applicable lawl including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the directors must nol approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the company and of the surplus or deficit of the company for that period. In preparing these financial stalemenls, the directors are required to- select suitable accounting policies and apply them consislenlly; make judgements and estimates that are reasonable and prudent., state whether the financial statements have been prepared in accordance with the relevant ffnancial reporting framework, identify those standards, and note the effect and the reasons for any material departure from those standards- and prepare the financial statements on the going concern basis unless il is inappropriate to presume that the company will continue in operation. The directors confirm Ihat they have complied with the above requirements in preparing the financial statements. The directors are responsible for keeping adequate accounting record5 that are Sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Board of Directors on 11 December 2023 and signed on its behalf by.. David Cameron Director Harvey ctor
Churchtown Community Association IA company limlted by guarantee. not having a share capital) INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF DIRECTORS OF CHURCHTOWN COMMUNITY ASSOCIATION We have examined the financial statements of the company for the financial year ended 31 March 2023, which comprise the Statement of Financial Activities, the Summary Incorne and Expenditure Account, the Balance Sheet and the related notes. This report is made solely lo the company's members, as a body. in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members, as a body. for our work, or for Ihis report. Respective responsibilities of directors and examiner The company's trustees (who are also the directors of the company for the PLJrposes of company law) are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. The company's directors consider that an audit is not required for this financial year under Chapter 3 of Part 16 of the Companies Act 2006 and Ihat an independent examination is required. 11 is our responsibility to.. examine the financial statements under section 65 of the Charities Act.. follow the procedures laid down by the general Directions given by the Charity Commission for Northern Ireland under section 6519}{bl of the Charities Act., and state whether particular matters have come to our attention. Basis of independent examiner's report We have examined your company financial statements as required under section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65{9){bl of the Charities Act. An examination includes a review of the accounting records kept by the company and a comparison of the financial statements presented with those records. 11 also includes consideration of any unusljal items or disclosures in the financial statements and seeking explanations from the directors 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 'lrue and fair, view and the report is limited to those matters sel out in the statement below. In connection with our examination. no matter has come to our attention which gives us cause to believe that in. any material respect= accounting records were not kept in accordance with section 386 of the Companies Act 2006 the financial statements do not accord with those accounting records the financial statements have not been prepared in accordance with Ihe accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the 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 {FRS1021 there is further information needed for a proper understanding of the accounts to be reached. Independent examinerfs statement We have no concerns and have come across no other matters in connection with the examination to which attention be drawn in this report in ordèr to enable a proper understanding of the financial statements to be reached. MICHAEL DRUMM FCCA 30a Gortin Road Omagh Co Tyrone BT79 7HX Date: 11 December 2023
Churchtown Community Association IA company limited by guarantee. not having a share capital STATEMENT OF FINANCIAL ACTIVITIES for the financial year ended 31 March 2023 Unrestricted Restricted Funds Funds 2023 2023 Total Unrestricted Restricted Funds Funds Funds 2023 2022 2022 Total Funds 2022 Notes Incoming Resources Voluntary Income Charitable activities Grants from governments and other co-funders Activities for generating funds 31 31 15,460 115.242 130,702 15,810 90,703 106.513 4,470 4,470 19,814 19.814 Total incoming resources 19,930 115,242 135.172 35,655 90,703 126,358 Resources Expended Raising funds Charitable activities 23,214 1.703 124) 126.984 23.190 128,687 41.281 13,040 1,100 81,079 42,381 94.119 Total Resources Expended 24,917 126,960 151,877 54,321 82,179 136.500 Net incomingloutgoing resources before transfers (4.987) (11,7181 116,705} 118,666) 8,524 {10,1421 Gross transfers between funds 10,216 (10,2161 Net movement in funds for the financial year 5,229 {21,934) 116,705) (18.6661 8,524 110,142) Reconciliation of funds: Total funds beginning of the year 12 6.167 32,018 38,185 24,833 23.494 48,327 Total funds at the end of the year 11,396 10.084 21,480 6,167 32,018 38.185 The Statement of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate lo continuing activities. The notes on pages 12 10 16 form part of the financial statements
Churchtown Community Association IA company Irmited by guarantee, not having a sharè capital) SUMMARY INCOME AND EXPENDITURE ACCOUNT for the financial year ended 31 March 2023 statement of Financial Activities 2023 2022 Gross income Unrestricted funds Restricted funds 19,930 115.242 135,172 126,358 Totsl income Total expendlture 135,172 (151.877} 126,358 1136.5001 Net in¢omel(expenditure) (16,7051 {10.142) The company has no recognised gains or losses other than the results for the financial year. The results for the ft'nancial year have been calculated on the historical cost basis. The notes on pages 12 10 16 form part of the financial statements 10
Churchtown Community Association IA company Irmited by guarantee, not having a share capltall Company Number.. N1050068 BALANCE SHEET as at 31 March 2023 2023 2022 Notes Flxed Assets Tangible assets 4,051 4.795 Current Assets DebtOTS Cash at bank and in hand 49.999 3,030 39.717 6,886 53,029 46,603 Creditors- Amounts falling due within one year 10 135,6001 {13,213) Net Current Assets 17,429 33,390 Total Assets less Current Liabilities 21,480 38,185 Funds Restricted trust funds General fund {unrestrictedl 10,084 11,396 32.018 6.167 Total funds 12 21,480 38,185 These financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006,. and no notice has been deposited under section 476. The directors confirrn that the members have not required the company to obtain an audit of its financial ststements for the financial year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the stale of affairs of the company as at the end of the financial year and of its profil and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. The 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" applying Section 1A of that standard. Approved by the Board of Directors and authorised for issue on 11 December 2023 and signed on its behalf by David Cameron Director ane Harvey ire¢tor The notes on pages 12 to 16 form part ol the financial slalemen15 11
Churchtown Community Association IA COTnpany limited by guarantee, not having a shar• capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2023 GENERAL INFORMATION Churchtown Community Association is a company limited by guarantee incorporated in Northern Ireland. The registered office of the company is 48 Lurganbuoy Road, Castlederg. Co Tyrone. BT817HT which is also the principal place of business of the company The financial statements have been presented in Pound {£) which is also the functional currency of the company. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the charity's financial statements. Basis of preparation The financial statements have been prepared on the going concem basis under the historical cost convention, modified to include certain items al fair value. The financial statements have been prepared in accordance with the Statement of Recommended Practice {SORPI "Accounting and Reporting by Charilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" applying Section 1 A of that Standard. As permitted by the Companies Act 2006, the company has varied the standard formats in that act for the Statement of Financial Activities and the Balance Sheet. Departures from the standard formats are to comply with the requirement5 of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP. Statement of compliance The financial statements of the company for the financial year ended 31 December 2017 have been prepared on the going concern basis and in accordance with the Statement of Recommended Practice {SORPI "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that Standard. In¢oming Resources Voluntary income or capital is included in the Statement of Financial Activities when the company is legally enlilled to it. its financial value can be quantified with reasonable certainly and there is reasonable certainty of its ultimate receipt. Entillemenl to legacies is considered established when the company has been notified of a distribution to be made by the executors. Income received in advance of due performance under a conlract is accoLtnted for as deferred income until earned. Grants for activities are recognised as income when the related conditions for legal entitlement have been met. All other income is accounted for on an accruals basis. Resources Expended All resources expended are accounted for on an accruals basis. Charitable activities include costs of services and grants. support costs and depreciation on related assets. Costs of generating funds similarly include fundraising activities. Non-staff costs not attributed lo one category of activity are allocated or apportioned pro-rata to the staffing of the relevant service. Finance. HR. IT and administrative staff costs are directly attributable to individual activities by objective. Governance costs are those associated with conslitulional and statutory requirements. Tangible flxed assets and depre¢latlon Tangible fixed assets are staled at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cosl or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows.. Land and buildings freehold Plant and machinery Fixtures, fittings and equipment Molor vehicles Straight line over twenty-five year5 20/0 Reducing balance 20% Reducing balance 200k Reducing balance Debtors Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid nel of any trade discounts due. Income recognised by the the company from government agencies and other co-funders, but not yet received at year end, is included in deblors. Cash at bank and in hand Cash al bank and in hand cornprises cash on deposit at banks requiring less than three month5 notice of withdrawal. 12
Churchtown Community Association IA company limited by guarantee, not having a Share capital) NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 Taxation and deferred taxation No current or deferred taxation arises as the company has been granted charitable exemption. Irrecoverable valued added tax is expensed as incurred. Deferred lax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less lax in the future. Timing differences are temporary differences between the CoMpanS taxable income and its results as stated in the financial statements. Deferred tax is measured on an undiscounled basis at the tax rates that are anticipaled to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date. INCOME DONATIONS AND LEGACIES Unrestricted Restricted Funds Funds 2023 2022 Donations 31 CHARITABLE ACTIVITIES Unrestricted Restricted Funds Funds 2023 2022 Grants from governments and other co-funders: Granl Income 15,460 115.242 130.702 106.513 OTHER TRADING ACTIVITIES Unrestricted Restrictèd Funds Funds 2023 2022 Administrationl Room hirel Fundraising Other income 600 19.214 4.470 4,470 4.470 4,470 19,814 EXPENDITURE RAISING FUNDS Direct Costs other Costs Support Costs 2023 2022 Administrationl Room hirel Fundrasing 8,817 744 13,629 23.190 42,381 CHARITABLE ACTIVITIES Direct Costs Other Costs Support Costs 2023 2022 Grants expenditure 128,651 36 128,687 94,119 SUPPORT COSTS Cost of Charitable Raising Activities Funds 2023 2022 Support Costs 13,629 36 13.665 20.357 13
Churchtown Community Association {A company limited by guarantèe, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS conlinued for the financial year ended 31 March 2023 ANALYSIS OF SUPPORT COSTS 2023 2022 Support Costs 13,665 20.357 NET INCOMING RESOURCES 2023 2022 Net Incoming Resources are stated after chargingl(crediting): Depreciation of tangible assets Independent Examiner's remuneration.. independent examination services 409 439 2.400 2,370 EMPLOYEES AND REMUNERATION Number of employees The average number of persons employed (including executive directors) during Ihe financial year was as follows.. 2023 Number 2022 Number Administration The staff costs comprise: 2023 2022 Wages and salaries 5,415 13,500 TANGIBLE FIXED ASSETS Land and buildings freehold Plant and Fixtures, machinery fittings and equipment Motor vehicles Total Cost At 31 March 2023 6,309 23,404 30,782 10,000 70,495 Depreciation At 1 April 2022 Charge for the financial year 3,952 252 22.711 139 29.109 335 9.928 18 65.700 744 At 31 March 2023 4.204 22,850 29.444 9,946 66,444 Net book value At 31 March 2023 2,105 554 1,338 54 4,051 At 31 March 2022 2,357 693 1,673 72 4.795 DEBTORS 2023 2022 Trade debtors 49,999 39,717 14
Churchtown Community Association IA company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 10. CREDITORS Amounts falling due within one year Bank overdrafts Taxation and social security costs Other creditors 2023 2022 920 1,154 11.139 798 34,802 35,600 13,213 11. RESERVES 2023 2022 At the beginning of the year Deficit for the financial year 38.185 (16,705) 48,327 (10,142) Al the end ofthe year 21,480 38.185 12. FUNDS 12.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted Restricted Funds Funds Totsl Funds Al 1 April 2021 Movement during the financial year At 31 March 2022 Movement during the financial year 24,833 118.666} 23,494 8.524 48,327 (10,1421 6.167 5,229 32.018 (21,934) 38.185 116,705) At 31 March 2023 11,396 10,084 21,480 12.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 April 2022 Income Expenditure Transfer5 between funds Balance 31 March 2023 Restricted funds DFC Capital Grant Prog Costs TEO funding DCSDC Grants PHA Community Funding Triax Skills funding 1,712 9.832 335 978 41,164 55.032 1,377 8.854 36.807 48.794 4.357 6.091 3,121 11.262 (147) 28,646 13.121) (11,452) 28,456 32.018 114.247 125,965 {10,216) 10.084 Unrestricted funds Unrestricted General 6.167 19,360 24,347 10,216 11,396 Total funds 38.185 133,607 150,312 21.480 15
Churchtown Community Association IA company limited by guarantee, not having a sharè ¢apitall NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 13. STATUS The company is limited by guarantee not having a share capital. The liability of the members is limited. Every member of the company undertakes lo contribute to the assets of the company in the event of its being wound up while they are members, or within one year thereafter, for the payment of the debts and liabilities of the company contracted before they ceased to be members, and the costs. charges and expenses of winding up, and for the adjuslmenl of the rights of the contributors among themselves, such amount as may be required, not exceeding £ 1. 14. RELATED PARTY TRANSACTIONS Castlederg Childcare Services Ltd and Churchtown Community Association Ltd comprise common key management. 15. POST-BALANCE SHEET EVENTS There have been no significant events affecting the Charity since the financial year-end. 16
CHURCHTOWN COMMUNITY ASSOCIATION IA company limited by guarantee, not having a share capital) SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023 17
Churchtown Community Association IA company limited by guarantèe, not having a share capital) SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS Operating Statement lor the financial year ended 31 March 2023 2023 2022 Income Donations Other income TEO Funding Triax Skills Funding Derry City & Strabane District Council Funding Community Support Funding Community Festival Funding Good Relations Funding pcsp Kathleen Graham Trust Co-operation Ireland RAPID Funding 31 22,784 37,382 28,366 17.236 2,000 3,720 1,999 9,041 36,807 28,646 37.200 3,996 5.840 1,758 8.319 2,000 10.338 1,715 787 133,607 126.358 Cost of generating funds Festival Costs TEO costs Triax Skills costs Derry City & Strabane District Council Community Support costs Good Relation5 Costs COVID support costs Co-operation ireland costs Kathleen Graham Trust Depreciation on capital grants 5,840 41,073 28,456 22,540 24,070 3,651 1.462 34,227 25,504 9.497 4,020 3.946 3,433 3,221 5,171 429 5,596 335 131,561 90,910 Gross surplus 2,046 35.448 Expenses Wages and salaries RAPID Costs Rent payable Rates Insurance Repairs and maintenance Halloween Festival costs Printing, postage and stationery Computer costs Travelling and subsistence Legal and professional Audilor'sllndependent Examiner's remuneration Bank charges Staff welfare General expenses Depreciation 5.415 13,500 796 2.292 1.072 1.067 3.688 7,103 1,057 1,327 207 10,000 2,370 248 44 380 439 1.391 1,985 690 920 2,500 28 256 978 2,400 286 193 1,300 409 18,751 45,590 Net deficit {16,7051 {10,1421 The supplementary information does not form part of the financial statements 18