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|ReferenceandAdministrativeDetails||
|---|---|
|StrategicReport|2|
|Trustees'Report|3to5|
|IndependentExaminer'sReport|6to7|
|StatementofFinancialActivities|8|
|BalanceSheet|9to10|
|StatementofCash Flows|1I|
|NotestotheFinancialStatements|12to26|





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|Thetrusteesandofficersservingduringtheyearandsincetheyearendwereasfollows:|Thetrusteesandofficersservingduringtheyearandsincetheyearendwereasfollows:|
|---|---|
|Trustees:|MrsMaryVDevlin,Director|
||MrFionntainDevlin.Director|
||MrPaddyMcIvor.Director|
||MrAdrianMcElhone,Director|
||MrThomasMcElhone,Director|
||MrMikeMuldoon,Director|
||MsAnnMcVey|
||MsSiobhanCorcoran|
||MrAaronSwann.Director|
|Chairman:|MrFionntainDevlin,Director|
|ChiefExecutiveOfficer:|MrsMaryVDevlin,Director|
|Secretary:|MrAaronSwarm,Director|



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|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|2024|
||Note|`£`||`£`|
|IncomeandEndowmentsfrom:|||||
|Othertradingactivities|4|64,911|14,574|79,485|
|Totalincome||64,911|14,574|79,485|
|Expenditureon:|||||
|Raisingfunds|5|(50,310)|(10,750)|(61,060)|
|Otherexpenditure|6|(5,573)|(19,270)|(24,843)|
|Totalexpenditure||(55,883)|(30,020)|(85,903)|
|Netincome/(expenditure)||9,028|(15,446)|(6,418)|
|Netmovementinfunds||9,028|(15,446)|(6.418)|
|Reconciliationoffunds|||||
|Totalfundsbroughtfonvard||589,895|57,356|647,251|
|Totalfluidscarriedforward|20|598,923|41,910|640,833|
|||Unrestricted|Restricted|Total|
|||funds|funds|2023|
||Note||||
|IncomeandEndowmentsfrom:|||||
|Donationsandlegacies|3|2,049||2,049|
|Othertradingactivities|4|26,085|71,210|97,295|
|Totalincome||28,134|71,210|99,344|
|Expenditureon:|||||
|Raisingfunds|5|(40,268)||(40,268)|
|Charitableactivities||1||1|
|Otherexpenditure|6|(12,852)|(13,854)|(26,706)|
|Totalexpenditure||(53,119)|(13,854)|(66,973)|
|Net(expenditure)Jincome||(24,985)|57,356|32,371|
|Netmovementinfunds||(24,985)|57,356|32,371|
|Reconciliationoffunds|||||
|Totalfundsbroughtforward||614,880||614,880|
|Totalfundscan-ledforward|20|589,895|57,356|647,251|





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|||2024|2023|
|---|---|---|---|
||Note|||
|Fixedassets||||
|Tangibleassets|13|675,899|688,000|
|Currentassets||||
|Debtors|14|62,627|3,059|
|Cashatbankandinhand|15|27,302|22,864|
|||89,929|25,923|
|Creditors:Amountsfallingduewithinoneyear|16|(2,531)|(1,652)|
|Netcurrentassets||87,398|24,271|
|Totalassetslesscurrentliabilities||763,297|712,271|
|Creditors:Amountsfallingdueaftermorethanoneyear|17|(122,464)|(65,020)|
|Netassets||640,833|647,251|
|Fundsofthecharity:||||
|Restrictedincomefunds||||
|Restrictedfunds||41,910|57.356|
|Unrestrictedincomefunds||||
|Unrestrictedfunds||(71,077)|(80,105)|
|Revaluationreserve||670,000|670,000|
|Totalunrestrictedfunds||598,923|589,895|
|Totalfunds|20|640.833|647251|



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|StatementofCashFlowsfortheY|earEnded29|February2024||
|---|---|---|---|
|||2024|2023|
||Note|||
|Cashflowsfrontoperatingactivities||||
|Netcash(expenditure)/income||(6.418)|32,371|
|Adjustmentstocashflowsfromnon-cashitems||||
|Depredation|5,6|13,064|6,553|
|||6,646|38,924|
|Workingcapitaladjustments||||
|(Increase)/decreaseindebtors|14|(59,568)|558|
|Increase/(decrease)increditors|16|967|(5,284)|
|Increase/(decrease)indeferredincome|17|57,356|(10,000)|
|Netcashflowsfromoperatingactivities||5,401|24,198|
|Cashflowsfrominvestingactivities||||
|Purchaseoftangiblefixedassets|13|(963)|(18,000)|
|Netincreaseincashandcashequivalents||4,438|6.198|
|Cashandcashequivalentsat1March||11,864|16.666|
|Cashandcashequivalentsat29February||27.302|22.864|





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|3Incom|efromdonationsandlegacies|||
|---|---|---|---|
|||Unrestricted||
|||funds|Total|
|||General|funds|
|||`£`|`£`|
|Totalfor|2024|||
|Totalfor|2023|2.049|2,049|



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|4Incomefromothertradingactivities||||
|---|---|---|---|
||Unrestricted|||
||funds|Restricted|Total|
||General|funds|funds|
||`£`|`£`|`£`|
|Propertyrentalincome|20,941||20.941|
|Otherincomefromothertradingactivities|43,970|14.57,1|58,544|
|Totalfor2024|64,911|14,574|79,485|
|Totalfor2023|26.085|7 I210|97.295|





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|a)Costsoftradingactiviti|es||||||
|---|---|---|---|---|---|---|
|||Unrestricted|funds||Restricted|Total|
|||General|Other||funds|funds|
||Note|£|£||£|£|
|Costsofgoodssold||377||||377|
|Depreciation,amortisation|||||||
|andothersimilarcosts||13,064||||13,064|
|Otherdirectcostsof|||||||
|activitiesforgenerating|||||||
|funds||35,955||567|10,750|47,272|
|Allocatedsupportcosts||347||||347|
|Totalfor2024||49,743||50|10,750|61,060|
|Totalfor2023||40,268||||40,268|
|||||||Total|
|||||||costs|



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|6Otherexpenditure||||||
|---|---|---|---|---|---|
|||Unrestricted|funds|Restricted|Total|
|||General|Other|funds|funds|
||Note|£|£|£|£|
|Staffcosts||||||
|Wagesandsalaries|||932|19,270|20,202|
|Marketingandpublicity|||3,000|'|3,000|
|Otherresourcesexpended|||1,641||1,641|
|Totalfor2024|||5,573|19.270|24.843|
|Totalfor2023||70|12,782|13,854|26.706|





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|Analysisofgrants|||
|---|---|---|
||Grantsto|institutions|
||2024|2023|
||`£`|`£`|
|Analysis|||
|CommunityVenuesGrant|13,725|13,725|
|CapitalGrantrelease|10,000|10,000|
||23,725|23,725|



|9Netincoming/outgoingresources|||
|---|---|---|
|Net(outgoing)tincomingresourcesfortheyearinclude:|||
||2024|2023|
||`£`|`£`|
|Depreciationoffixedassets|13.064|6.553|
|10Trusteesremunerationandexpenses|||



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|NotestotheFinancialStatementsfor|theYearEnded29February2|024|
|---|---|---|
||2024|2023|
||`£`|`£`|
|Staffcostsduringtheyearwere:|||
|Wagesandsalaries|20,202|14,360|
|Pensioncosts||70|
||20,202|14,430|



## 

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|13Tangiblefixedassets||||
|---|---|---|---|
||Landand|Furnitureand||
||buildings|equipment|Total|
||£|£|£|
|Cost||||
|At1March2023|679,077|211,457|890,534|
|Additions||963|963|
|At29February2024|679,077|212,420|891,497|
|Depreciation||||
|AtIMarch2023|679,077|193,457|872,534|
|Chargefortheyear||13,064|13,064|
|At29February2024|679,077|206,521|885,598|
|Netbookvalue||||
|At29February2024||5.899|5,899|
|At28February2023||18.000|18,000|
|14Debtors||||
|||2024|2023|
|||£||
|Tradedebtors||2,496|815|
|Accruedincome||57,356||
|VATrecoverable||2,475|1,944|
|Otherdebtors||300|300|
|||62,627|3,059|





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|||2024|
|---|---|---|
|Accruedincome||57,356|
|15Cashandcashequivalents|||
||2024|2023|
||`£`|`£`|
|Cashatbank|27.302|22,864|
|16Creditors:amountsfallingduewithinoneyear|||
||2024|2023|
||`£`|`£`|
|Tradecreditors|86|86|
|Othertaxationandsocialsecurity|1,365|486|
|Accruals|1,080|1,080|
||2,531|1,652|



|17Creditors:amountsfallingdueafteroneyear|||
|---|---|---|
||2024|2023|
||`£`|`£`|
|Duetogroupundertakings||40|
|Othercreditors|55,108|54,980|
|Deferredincome|67,356|10,000|
||122,464|65,020|



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|20Funds||||||
|---|---|---|---|---|---|
||||||Balanceat|
||BalanceatI|Incoming|Resources||29February|
||March2023|resources|expended|Transfers|2024|
|Unrestrictedfunds||||||
|General|(80,105)|64,911|(49,743)||(64,937)|
|Other|||(6,140)|670,000|663,860|
|Totalunrestrictedfunds|(80,105)|64,911|(55,883)|670,000|598,923|
|Restrictedfunds|57,356|14,574|(30,020)||41,910|
|Totalfunds|(22,749)|79,485|(85,903)|670,000|640,833|
||||||Balanceat|
||Balanceat1|Incoming|Resources||28February|
||March2022|resources|expended|Transfers|2023|
|||||`£`|`£`|
|Unrestrictedfunds||||||
|General|(55,120)|28,134|(40,337)||(67,323)|
|Other|||(12,782)|670,000|657,218|
|Totalunrestrictedfunds|(55,120)|28,134|(53,119)|670,000|589,895|
|Restrictedfunds||71,210|(13,854)||57,356|
|Totalfunds|(55,120)|99,344|(66,973)|670,000|647,251|



|21Analysisofnetassetsbetw|eenfunds||||
|---|---|---|---|---|
|||||Totalfundsat|
||Unrestricted|funds|Restricted|29February|
||General|Other|funds|2024|
||`£`|`£`|||
|Tangiblefixedassets||5,899|670,000|675,899|
|Currentassets|57,356|32,573||89,929|
|Currentliabilities||(2,531)||(2,531)|
|CreditorsoverIyear||(65,108)|(57,356)|(122,464)|
|Totalnetassets|57,356|(29,167)|612,644|640,833|





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|NottstotheFinancialS|tatementsfortheYearEnde|d29February|2024|
|---|---|---|---|
||Unrestricted||Totalfundsat|
||funds|Restricted|28February|
||Other|funds|2023|
|||`£`|`£`|
|Tangiblefixedassets|18,000|670,000|688,000|
|Currentassets|25,923||25,923|
|Currentliabilities|(1,652)||(1,652)|
|CreditorsoverIyear|(65,020)||(65,020)|
|Totalnetassets|(22,749)|670,000|647,251|



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|22Analysisofnetfunds|||
|---|---|---|
|||At29|
||AtIMarch|February|
||2023|2024|
|Cashatbankandinhand|22.864|22,864|
|Netdebt|22,864|22,864|
|||At28|
||At1March|February|
||2022|2023|
|Cashatbankandinhand|16,666|16,666|
|Netdebt|16,666|16,666|



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||Total|Total|
|---|---|---|
||Unrestricted|Unrestricted|
||Funds|Funds|
||2024|2023|
||`£`|`£`|
|IncomeandEndowmentsfrom:|||
|Donationsandlegacies||2,049|
|Othertradingactivities|64,911|26,085|
|Totalincome|64,911|28,134|
|Expenditureon:|||
|Raisingfunds|(50,310)|(40,268)|
|Charitableactivities||1|
|Otherexpenditure|(5,573)|(12,852)|
|Totalexpenditure|(55,883)|(53,119)|
|Netincome/(expenditure)|9,028|(24,985)|
|Netmovementinfunds|9,028|(24,985)|
|Reconciliationoffunds|||
|Totalfundsbroughtforward|(80,105)|(55,120)|
|Totalfundscarriedforward|(71,077)|(80,105)|





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||Total|Total|
|---|---|---|
||Restricted|Restricted|
||Funds|Funds|
||2024|2023|
||`£`|`£`|
|IncomeandEndowmentsfrom:|||
|Othertradingactivities|14,574|71,210|
|Totalincome|14,574|71,210|
|Expenditureon:|||
|Raisingfunds|(10,750)||
|Otherexpenditure|(19,270)|(13,854)|
|Totalexpenditure|(30,020)|(13,854)|
|Net(expenditure)/income|(15,446)|57,356|
|Netmovementinfunds|(15,446)|57,356|
|Reconciliationoffunds|||
|Totalfundsbroughtforward|57,356||
|Totalfundscarriedforward|41,910|57,356|





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|DetailedStatementofFinancialActivitiesfo|rtheYearEnded29Februar|y2024|
|---|---|---|
||Total|Total|
||2024|2023|
||`£`|`£`|
|IncomeandEndowmentsfrom:|||
|Donationsandlegacies(analysedbelow)||2,049|
|Othertradingactivities(analysedbelow)|79,485|97,295|
|Totalincome|79,485|99,344|
|Expenditureon:|||
|Raisingfunds(analysedbelow)|(61,060)|(40,268)|
|Charitableactivities(analysedbelow)||1|
|Otherexpenditure(analysedbelow)|(24,843)|(26,706)|
|Totalexpenditure|(85,903)|(66,973)|
|Net(expenditure)/income|(6,418)|32,371|
|Netmovementinfonds|(6,418)|32,371|
|Reconciliationoffunds|||
|Totalfundsbroughtforward|(22,749)|(55,120)|
|Totalfundscarriedforward|(29,167)|(22,749)|





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|DetailedStatementofFinancialActivitiesfor|theYearEnded29Februar|y2024|
|---|---|---|
||Total|Total|
||2024|2023|
||`£`|£|
|Donationsandlegacies|||
|Feesandsupplies||2,049|
|||2,049|
|Othertradingactivities|||
|UKGovernmentgrants||10,020|
|Grants-otheragencies|14,574|71,210|
|Grants-otheragencies|43,970||
|Rentalincome|20,941|16,065|
||79,485|97,295|
|Raisingfunds|||
|Purchases|(377)||
|Rates|(3,291)|(2,281)|
|Light,heatandpower|(8,247)|(13,627)|
|Insurance|(6,761)|(5,494)|
|Repairsandmaintenance||(117)|
|TutorsPaid|(10,750)||
|TutorsPaid||(6,515)|
|Stafftraining|(1,229)|(300)|
|Volunteerexpenses|(480)||
|Equipmentrepairsandrenewals|(548)||
|Telephoneandfax|(69)||
|Printing,postageandstationery|(1,315)|(52)|
|Tradesubscriptions|227||
|Charitabledonations|(567)||
|Sundryexpenses||(50)|
|Cleaning|(3,109)|(1,357)|
|ChristmasTree&Lights|(2,581)|(1,520)|
|Advertising|(209)|(550)|
|Promotionalexpenses|(161)|76|
|Sponsorship|(250)|(476)|
|Accountancyfees|(735)|(57)|
|Legalandprofessionalfees|(331)|(903)|
|TutorsandCourseProviders|(6,600)||
|Bankcharges|(266)|(232)|
|Depreciationoffixturesandfittings|(13,064)|(6,553)|
|Computersoftwareandmaintenancecosts|(347)|(260)|
||(61,060)|(40,268)|





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|DetailedStatementofFinancialActivitiesfortheY|earEnded29Februar|y2024|
|---|---|---|
||Total|Total|
||2024|2023|
||`£`|`£`|
|Charitableactivities|||
|Cleaning||1|
|Otherexpenditure|||
|Wagesandsalaries|(18,890)|(13,854)|
|Staffpensions(Definedcontribution)-pensionscheme1|(380)||
|Staffpensions(Definedcontribution)-pensionschemeI||(70)|
|Casualwages|(932)|(506)|
|Repairsandmaintenance|(1,641)|(10,276)|
|Consultancyfees|(3,000)|(2,000)|
||(24,843)|(26,706)|