Compan!. reLYlStralion number.. N103367) Charir) registraiion number: NIC 103725 Tabbda Company Limited IA coinpan>' limiied bN' guarantee) Annual Report and F inancial Sidiemen(5 for Ihe Yc(tr Ended 18 F¢bruar¥ ?{)? S
Tabbda Compani. Limited Contents Reference and Administrative Deiai15 Siraieoic Repon Trusiees, Repon 3to6 Independeni Audiiors. Repon 7109 Ind¢pendeni Examiner's Report Siaiemeni of F inancial Actlvllies 12to 13 Balance Sheel 1410 15 Siaiemeni of Cash Flow5 16 Noies to the Financial Siateinenis 17to31
Tabbda Compani. Limited Refcrence and Administratii"e Details Chairman Nqr F ionntain Devlin, Director Chief F.xecutii'e ol¢Cr Mrs Man," V Dei,lin, Director CharitTr Regi51ration N um ber NIC IOJ7?5 Compan!. Registration iNumber NIOii672 I'he charity. is incorporated in Northem Ireland. 1 i S A Shore Road Balli'riinan la,,herafeli Co Dcr BT45 6jA Registered Office Independent Eiaminer J A ML Clemenis Independeni F.iaininer L nit B Bal li"n)ena Business Centre 6? FenaghN' Road Galuomi Bal li mL'na Northern Ireland BT41 I FL Page I
Tabbda Compani" Limited Strategic Report for the l'ear Ended 28 Februarn 2025 The Iru51¢es. who are directors for Ihe purpo5¢5 01- compan! laii. present iheir straie(FiC report for Ihe )ear ended •8 February 20?). in compliance M'iih $414C of the Compllnies Act ?006. The siraiegic report M as appro%'ed b). the trustees of ihe chariTh' on 4 Dcceniber ?0?5 and sioned on lis behalt" b).: Mr.s W1a Chief exLcuiiveofticer and trustee Mr..Fionntain Devlin ChkniDllan and Irustee
Tabbda Compani" Limited Trustees, Report The trustees. Hho are direciors for the purposes of compani. la. present the annual repon iooether with the tinancial st21L'inents and ¢iudilors' repon of the charitable compan!. for the N'ear ended ?8 Februarn. ?0?5. Objectii ¢1 and actii"ities Objecl.f uiid uin15 The Principal acti¥'iTh' of the compan). are to promote the benefits of ihe inhabitants of Traad Balli'ronan & Ballind¢m Disirici and its Enw irons. The direciors have overseen the buildino of a new communit¥. centre and reni(Il operaiions hai'e coniinued durinn the l'ear. To Promole Ihe benefits of Ihe inhabitanis of Traad Balll'ronan & Ballindirrn. District and lis F.n'IrOns bi. proi'idinij Ihe pro¥'ision of faciliii¢s ai the communil! centre lor all thL' ¢uniinunity 'ithout disiinction or sei.race. or political religious or other opinions bi. associalin 'iih Ihe siaiuroTh" auihoritie5. voILLniar)' oruanisalions and inhabiianis in a common effort to ad'ance education and proi'ide facilities in the interest of social M el larL for reLreation and other leisure time occupalion M'ith the objeciii'e of improN'ing the conditions of life for ihe said inhabiianis. ObjeL'tii'e.I, .slrale¥ie.s und aclii'iiies The 0roanis21ion mana2es a large communit) facililN" and 5cveral H'ork units in BallKrLina close to the shor¢s of -h Neaoh. It proi'ides a base for a host of other conimunitN' orcFanisaiions io hold nieelinus and acli¥'iiiL's. It Serl'e5 ihe Ic)¢al coinmunil! as a focal point for communil! based tourist aLli¥'iliLs. It houses a local childcare comiiiuiiin, organisation. It accommodaies a local Pensioners Llub. a Youth Club, Ihe local fuotball club. Ihe Boai Club and the local CCE. li ensures that the buildings are kept in LFood repair. hi2hli" tnaintained and assisis oih¥r ciiinmuniTh' oruanisalions to access fijnding for their aclivilies. li is a base for funeral dinners, local dance, concens and oilier communitK' ei'ents. Public beiiefil The Lompan! s acliiiii¢5 are lo promote the benefis of the inhabiianis of Traad BallJTonan & Ballinderry Disirici Ar¢a and its En¥ irons. It ha¥e pro ided a purpose buili faciliiies & Centre for the cominunitN' io avail oras needed. The premises are on the shores of Louoh Neagh and therefore tourists benefil froin hawino access 10 amenits.. on their visiis. The ConipanK' also nianaoes se¥'eral M'ork uniis which allow" local people to M'ork IoLallN and benefits from being able to offc'r einploN'meni to local people. The local Council beiiefils because 'l.4BBDA has a service lekel aureemeni wil them and ensures that the local pla%. park. carai'an site and toilets are maintained io a hi¥h Standard and ihai tourists are made to feel w'elcomed and v(Ilued. A series of local oroanisalions also benefii fron) the li ork of l-ABBDA Compani. Ltd in thai il proi ide5 facilities lor luneral dinners, for the Lou2h Neagh ResLue oruanisaiion. for the local Fleadh. for the boal club. bul it also bLnefiis the local IK'omen'5 Group. the Peiision¢rs Club, Ihc Drania group. lo name but a fem. ol. Ihe oru<inisalions accomadatL'd. -rhe Compan! is manatied b). woluniarn Directors and there is no harni flo]ng from the aciiviiies husled b). TABBDA. Risk Asse55menls are carried oui for all hazardous aciivities and the nece45arn arraii?emenis. si¢'ardIng and insurances are put in place to ensure the safeTh' of ei"'erK'one involi'ed. -I'hose benefiis are measured bi. Ihe nui?IbLr ol. people usinLY the facilirK,. l-here is a visitors book's w.hich is niaintained for Ihose N isilors i'isiling tor Ihc firsi lime. A monthlN record is kepr for the numbers in the "or uni15. Ewaluations are carried out 7th the oihL'r indii'idual groups ho use the faciliiies such as CCF.. the boat L lub. the Homen'5 nroup etc. The Dir¥cli)rs re4ularl} e¥'dluate Ihe satisfaction of indi¥ iduals and orc)UPS diiendinu functions in the facilities. Individiidls are also rec?ularlN ini¢rvieu.'ed lo assess various aspects of ihe buildinij jlsell-. the manaiemeni. Ihe course conienl eic. 10 enable the management committee 10 plan the M'aN' fOrard and Ilie benefiis in h7¢h Ihe) 'ish io delier to ihe communit).. there is no hantIO..]n from the aclii'iiies of the organisalion. The tru51Les coi)firm Ihai IheN' hae complied '1th the rL'quirements of secii(In 17 of Ihe Charitie5 Aci 201 I to hai'e due regard lo the public benelil guidance published bi. the Chariii Commission for Enoland and Wales. Trustee5 and officers Page i
Tabbda Compani. Limited
Trustees, Report
The trusiees and officers scTh in? durino the )"ear and since the !Jear end ere as follom's:
Trustees..
Mrs N,lar% V Devlin. Direclor
Mr Fionniain Devlin. Director
Mr PaddN' Mc Iv()r. l)ireclor
Mr Adrian Mc Elhone, Director
Mr Thnni
Tabbda Compani Limited
Trustec's, Rt'port
Liquidin, ri.fk
In ordL'r lo mainiain liquidity. 10 en.siire thai 5ufficieni tunds are ai'ailable for ongoing operations and future
dci'elopmLnis. the charits, uses a miiiure (Il- loni-lerin and shon-ILmi debi finance.
Further details regarding liquidits. risk can bc f()und in the Statement of accountin& policies in the financial
siaiemeni5.
Sidlenit'nt of trusti'es. responsibililies
I"IIL Iru4lLLS (h0 arL' als() the dirLLI(Irs of T
Tabbda Compani. Limited TrustC'L'5' Report The annual repon was approved bj. the trustees of ihe charil). on 4 Deccinber ?0?5 and signed on its behalf b).: Mr5 Mar l)¢K lin C hiL f L'XLLlllike ufTILer and Irustce ()nniaiii l)ei,lin aimian and trustee PaL)¢ 6
Tabbda Compan). Limited Independent Auditor's Report to the Ilembers of Tabbda Compani Limited Opinion e haK"e audited the fiiiancial siaiLmen15 of Tabbda Compan>. Limited {Ihe '¢haril!'I for the lear ended ?8 FebruarK ?O7S H hich coinprise the Siaiemenl of Financial Aciiviiies. Balance Sh¢ci. Siaieii)eiii of Ca.41) Flc)ii %, and Notes 10 the F inancial Siaieineni%. includin¢J a suminary of sionificani acLouniints policies. The tinaiicial reponing framem'ork. thai has been applied in (heir preparation is United liingdom Accountino Siandards, omprisino ChKiriTies SORP - P RS I O? 'The Financial Reporting Standard applicable in the L K and Republ ic of Ireland, and applicabl¢ la (L niied KinLYdom Generall).. Accepted Accounting Practice). In our opinion the linancial siaieinents.. gil'e a Irue and fair N'ieii of Ihe slate ol- the chariti s atTairs as ai ?8 Februan ?O?i and of 115 incoming resourccs and appl iiaiion uf resources. includints 115 income and expendilure. for the N'ear then ended. have been properli prepared in accordance M'iih Uniled Kingdom GenerallN' Accepted Accountin& Practice,. and ha¥'e been prepared in accordance M'ith the requiremenis of the Companies Acl ?006. Basis for opinion W'e conducied our audit in accordance 1th Internaiional Srandard5 on Auditin ILrKI IISAS (L,'Kl} and applicable law.. Our responsibil iiies und¢r those standards are funher described in Ihc auditor responsibilities for che <iudil of the finanLial slaleiiieiils section of our report. .,C are independent of ihe charii! iii accordance u'iih the eihical requirLincnls thai ari. rele¥ani iu our audit ot the financial siatL'mL'nis in Ihe UK. includini, IhL' FRC'S Ethical %iandard. and i¥e haN'¢ fulfil led our oiher ethical responsibilities in accordanLe li ith thise requirements. Ih'e believe that Ihe audit eN'idence we hai'e obiained is sufficient and appropriate 10 provide a basis for our opinion. Conclusion5 relating lo going concern In audilinu ihe Iinancial siaiLnlLllis. He ha'e concludLd ihai ihe truslees use of the ooiii£ concern basi5 of accouniinu in ihL' preparation of ihe finaT)cial statemenis is appropriate. Based on the Ork li L hai'c p¢rfomicd. lie have not identified an), Inaterial uncertainties relaiino io eveiils or conditions that. indii'iduall! or collLLliNelN'. mal casi siunificani doubt on the chariTN's abi lin to Coiiiiiiue as a going concern for a period of at least twelve months froTn hen the original tinancial siatemenis ere authorised for issue. Our responsibilitie% and the responsibililies of the trnsiees with respecl lo goino concem are described in the relevant seLiiolls of ihis repon. Other information The iruslees are responsible for the oiher information. The oiher inforniaiion comprises the information included in ihe annual report. oihL'r than the financial Siatemenls and our audiior'5 repon ihereiin. Our opinion on the financial statemen15 does noi coi'er the other infornialion and. except to ihe exieni otherw'ise expliciili siaied in our report. 'e do noi express ani. fomi of assurance conclusion thereon. In connection H lili our audii of lh¢ financial siaiements. our responsibil its" is io redd ihe c)th¢r inforni<ltic)n and. in doing) so. consider ii"heiher the oiher infonnation is maieriallN' inconsislenl ii'iih IhL IinanLial siaiemL'nts or our kno.1ed)e obtained in the audii or oiheN'ise appears i() be materiall! misstated. I l- lie ideniili such niaierial incon5151encies or apparent material missiaiemenis, e are required to detem)ine M"h¢ih¢r ihire is a maierial misstaiemeni in the fiiiancial siaiemcnis or a maierial misslalement of ihe oiher infonnalion. 11-. based on the work H'e hai'e pertornied. ile conclud¢ Ihai there is a material misstatemeni of this ()Iher information. we are required io report thai laci. 'e have noiliing io repurt in this re?ard. Page 7
Tabbda Compani. Limited Independent Auditor's Report to the Nlember5 of Tabbda Compan%. Limited Opinion on other matter prescribed bi ihe Companie5 Act 2006 In our opinion. based on ihe Ork undertaken in ihe course ol- the audit.. Ihe infonnaiion gii'cn in the Siraieoic Report and Trustees, Report for rhe financial vear for M'hich Ihe financial siaiements are prepared is consislenl ii'ith ihe Iinancial siatemenis.. and the Strategic Report and Truslces, Repon h41¢ been prepared in accordance M'ith applicable legal requirements. Matlers on w.hich M"e are required to report bi. exception In Ihe li,,hi of our kn()ii ledije and undlrslaiidin1 ol. IhL Lhariii and its environmeni obtained in the course of the audit. we have noi ideniified maierial misstaleii)enls in ihc Siraie?ic Report and the Trusiees, Report. 'e have nothing to report in respeci of ihe lollom'ino Inatters where (he Companies Act ?006 requires us io report to j'ou if. in our opinion: adequate accounting records hale Tloi been kept. or reiurns adequate for our audit have not been received from branches noi visited b}, us- or the financial statemenis are noi in aoreemeni H"ith the ac¢ounling records and retUrn5' or certain disclosures of irusiees remuneration specified bN' law are not made; or we have noi received all the infornialion and explanations "e require for our audit. the direciors were not eniiiled tu prepare the financial siatements in accordance with the small companies re¥inie and lake adi'anta(Fe of ihe small companies exemptions in preparing the direciors report and from the requirement to prepare a Siraie(Jic report. Responsibilities of trustees As explained more full! in the SiaiLment of trusiees, responsibilities {sei oui on paoe S). IhL trustees are responsible for the preparaiion of the finanL ial slaleinenls and for beino saiisfied Ihai ihe>" give a truc and fair vie. and for such intemal control as the trusiees deterniine is necessar%. to enable ihe preparaiion of financial 5talemenis chai are free from material missiat¢inent. 'hether due to fraud or error. In prep<irin£ the financial statements. Ihe trustees are responsible for assessing Ihe charil) s abilit). to continue as a ooino concern. disclosino. as applicable. matters related lo ooino concern and usin? lh¢ goino concern basis of accountiiigj unless ihe trustees eiiher iniend 10 liquidaLL' Ihe charit) or to cease operations, or haN'e no re<ilisiic altemarii'e but lo do so. Auditor responsibilities for the audit of the financial statements Our objeclikes are to obtain reasonable assurance about whether the financial statements as a whole are free from maierial misslalemeni. M"hether due 10 fraud or Lrror. and 10 15%ue an auditor s report ihai includL's our opinion. Reasonablc assurance is a hiu .h le.el of assurance. bul is not a guaraniee ihai an audit conducied in accordance '1th ISAS (UK) il'ill alH<lN s deleLI a maierial misstatement when il exists. Mi5Staiemenis cali arise from fraud or error and are considered material if. Indi.1dualI%. or in the agore2ale. they could reasonabl! be expecied io influence the economic decisions of users iak'en on ihe basis of these financial statements. The exteni to which our procedures are capable ol. d¢i¢¢iino irregularities, including fraud is del<iiled belo.: DeiL'ciinu irreouldriiies, includiiii) fraud Piige 8
Tabbda Compani. Limited Independent Auditor's Report to the Ilembl'rs of Tabbda Compani. Limited L'se uf uur report J'liis fi'pon is made solelN' 10 the charirable Lompan) s trustees. as a bodl. in accordance M'ith Chapier 3 of Pan 16 Ol- IhL L'oiiipaniLS ALI ?006. Our audil 'or has been undLnaken so Ihai 'e migihi siaie 10 the charitN S IrusleL.% those maiic'rs il'e are requir¢'d 10 51ilte lo them in an audiior s repon and for no oihl'r purpose. I'o the rul lest eNILni pen))iiied b!, law. .¢ dL) noi accept or assume re.sponsibil ill, 10 anyone other than the cliaritable compani. and lis irusiecs as a bodi,. tor our audit Th'ork. for this repon. or for Ihe opinions we have fomied. (SL'ni()r S For dnd ( uion Audil(Ir) behall. of J A Mc Clemenls Staruiory Auditor Unil ?5 B B¢illi'mena Fjusiness L enire 6) feiiau .h) Ro4id E141111'niena Ni)nhL'rn Ireland B'l-47 1 l.'L 4 DeLembcr ?0?5 Piige Y
Tabbda Compani Limited Independent F.xaminer'5 Report tu the trustees of Tabhda Compani. Limited ('the Compan} ) report 10 ihe LharitN irusiees on m! e.iaminalion of the accounis of Ihe CompaiiN for the }'ear ended 78 Februat) 20) S Responsibilities ¥nd bas15 of report As Ihe Lhiiril!. s trusiees of the C()mpani' (and also ils directors for rhe purposes of compan!" la) Iou iire responsible lor Ihe preparaiioii of the accounts in accordance M'iih the requiremenis ol. Ihe Companies Act ?006 ('Ihe )006 Aci.). Having saiisfied miself Ihal the acc()unls of the Compani. are noi required to be audiled undlr Par( 16 of ihe ?006 A¢1 and are el igiibl< for indepLndL'IiT eiaininaiion, I report in respeci of m) exaiiiinaiion of i our LharitN s accounls as L£irried oui under 5¢Llion 14.5 L)l- Ihe C'harilie5 Act ?01 i ('Ihc ?01 I ALI'I. In cam'inLI OUI IiiN eiaminaii()n I hai'¢ loll()ii'ed Ihe l)ircclions gTj¥L'n b). the L'harl Cominis5iuI) uiider 5eLlioi) 14*{$1{bl of ihe 2011 Act. An independent exaininalion doLS n()l Ino1V gaihLring all the e¥'idence Ihai QUId be required in an audit and consequenil!. docs nol coer Jll Ihe Inaiier5 ihal an auditor considers in givingF their opin ion on Ihe acL()unls. I'he planning aiid Lc)i)duLI of (In audii b?()c% heiond Ihc lii)iiled assurance thai lin indLpendenl exaiiiinaiion L£in prOldL. Cc)nsequenil! l e.KprL'%s Mi) opinion lo M'hLiher the accounts prcsLni <1 'iruL' and lair VIC aiid i)i> repon is liiniled lo thc)s1 %pLi ifiL llidiiLf% SLI oui in ihL' indcpciidLnl ¢KaniinLr % slalciiieiil. Independent examiner'5 .slatemenl I liai'L Luinpleled Inl L.iaiiiinaiion. l Loi)fimi that no matlers have come 10 m). (itteniion in connection iih the examinalioi) b)i¥'ing Ine causL 10 beliL'i'e'. acc()unling rL'cords 'ere noi kepi in respeci of Tabbda Compani Limiled as requirLd b¥ scciion 3116 of the ?006 Aci: or 2. Ihe accoun15 do n(Il acLord wilh Iliii%e reLords: or 3. the aL¢ounls do noi L()mpl% M'iih Ihe acLC)uniing requiremeii15 of seLtion 396 1)f Ihe )006 Aci oiher than an!. requircnienl thi11 Ihi accounts give a 'irue and fair ILW, hICh is noi a maiiLr con%idered as pan of an indLPL'ndL'nl eN(Iiniiialiciii'. ()r 4. Ihe acc()unis hai'e n()1 been prepared in acL()rdance w'ith Ihe methods and principles ol. IhL' Siaiement of Recoininended l)raLlic¢ fur accounting <ind reporting b%. Lh(Irilies lappliLdbl¢ 10 Lhariiics prlparins? Ihl'ir accounts iii (ILL()rdanc¢ '1th the FinanLial Reponing Siandiird applicable in Ihe UIK and Republic of Ireland IFEiS 10?)]. I haN'e no concems and havi. coine aLr055 no other Inatters in connection H'iih Ihe examination io which aiicnlion Should be draw'n in this report in order 10 enable a proper underslandinb) of Ihe accounts lo be rcached. Page 10
Tabbda Compani. Limited Independent Eiaminer'.s Report to the trustees of Tabbda Compani. Limited {'the Compani ) JAMCCI ments &. Co Independ i F. xaminLr A.%si)Cil( Tl()n Of Incorporaicd Publ ic .4ccouniantS lJnii ? S B Balll'mena Business Cenire 62 FenaghN Road CJalLJOrnI BallN'mena N()rthem Ireland E3142 IFI. 4 December 2025 Page 11
Tabbda Compani. Limited Statement of FinanLial Actii'ities for thc l'ear Fnded 28 Februan. 2025 (Including Income and F.xpcnditure Account and 4itatL'menl of Ti)tal Rec(Ignised Gains and Losse5) L n re%lricted funds T(btal 2024 INote Income and F.ndoM ments from: 1.000 60.000 66.469 1.000 60.01)0 66.469 Chariiable acliviiie5 Othcr Iradinbj acliviiies Total income 1 •7.469 11 7.409 Eipenditure on: (69,40S) 11 ?114} (69.405) 11 ?841 (io,01? Charitable aLlii'ities Other expenditure Toidl eipendiiure G(tins'lo%ses on ii)vesiiiieni assets (90.7011 160.011111 (90.7011 160.0001 Nel Lxpendilure Nei niovemeni in funds ?3 ?3?} {23,?3 ? ReL'uniiliution of fund Total tunds bruughi lorn'ard 617.04? 617.04? Toidl funds ¢4irried lorw'ard 5(11 810 Re%lriclL'd 593.810 Tnlal 2024 Llnre*lricled fund4 N()Ic' Inci)nit' and F.ndowments from: Llidfii¢ihlL' aLllklliL'% Oih¢r iradiiig aLiii iiies 6n,ono 64.911 611,0011 79.48$ 14.574 Toial inLc)me 14.474 139.48$ F.Ipi'ndiluri' un: Eiai5iliLJ tund5 Chariiahle acl li ilies OIliLf L'.xpeiidilure 150.310) {16.7$01 15.57jl 110.750) 161,060) 116.7501 ?4.8431 (19.?701 -[ oial eNpendilure Nei inL()me'lixp¢nditureJ 17).6iil liO.O?01 (10?.6531 115.446) 36.83? Net moi.'emeni in funds 11$446} 36.832 Reconciliation of fu nds l olal funds brought forn'ard Tolal lund5 carried fon¥ard S?9.149 $87.751 23 8? 17j 41.910 6?4.n8) The notes on pages 17 to 31 form an iniegral part ol- these Iindncial slalemenis. Page l?
Tabbda Compan)" Limited italement uf Financial Actii ities for the Year Ended 28 Februan. 2025 (Including Income and F.IPL'nditure Account and Statement of Total Rccognised Gains and Los.ses) All of the chariTI s aciivities derii'e from coniinuing operations during the above two periods. The funds breakdoHn for ?0?4 is shom'n in note ?3. Thc notes on paves 17 10 31 form an integral pan of ihese financial slaleinenis. Page 13
Tabbda Compani Limited {Rcgistration number: N1033672) Balance 4iheet as at 28 Fl'bruar) 2025 2024 2024 Note Filed assets Tanoible assets 16 640.956 659.149 Current asiets Debtors Cash al bank and in hand 5.681 ?6.550 Creditors: Amounts falling due within one l'ear 19 {4.270) et current assets ?7.961 Totdl 25sets less curreni liabilities 668,917 746.547 Credilors: Amounts falling due after murc than one ie#r Nel assets 20 175,107} 11??.464 59i,810 6?4.08i Funds of the charitv: Restrieted income funds Restricted funds 41.910 Unrestricted income funds Unresiricied funds Revaluarion reserke 4i.810 550.000 (?7,8?71 610.000 Total unresiricied funds i9i.810 Tolal funds 59i,810 6?4.08i For Ihe financial vear endinL 8 FebruaTh" 10? j Ihe charits. a5 enliiled to exempiion from audit under seciion 477 of ihe Companies Aci 2006 relaiing to small companies. Dire¢tors' responsibilities.. The membcrs hai'e noi required the chariry.. io obtain an audit of ils accounis for the N'ear in quesiion in accordance '1th section 476. and The directors ackno ledue their responsibilities for compll'ing w'ith the requiremen15 of the Act w ith respeci to accouniing records and Ihe preparation of accoun1%. The noies on paues 17 to 31 form an iiiie?rial part of these financial slalemenls. Pa2L 14
Tabbda Companj. Limited (Registration number: .N1033672) Balance Shect as at 28 Februan 2025 ThL fiiiancial siaiLmen15 on page5 1? to J l M'ere approi'ed b! Ihe trustees. and auihorised for issue on 4 Decei)Iber 10?£ and signed on their behall. bi.. Mrs Md V Del'lin Chief eiecuiiN'e officer and trusiee nniain Dei'lin Chainnan and Iru51ee The notes on paoes 17 10 31 fomi an ii)Icoral p(lrt of Ihese financial siatements. P<ige 15
Tabbda Compan). Limited Statement uf Cash Flom s for the l'ear F.ndcd 28 Februan 202 2024 ole Cash nom s from operating actii ilies Nel cash income i6.768 Adjuslmcnli to cush flows from non-ca4h item5 DeprL'L iaiiun 79,814 63.i03 66.646 'ork' ing capilal Mdj uslmc'nt5 Decrease'l increa5L l in debiors Incrcasc in credil()rs (DLcfLds¢I inLrei15e in d¢fL'rred income $6,946 1,7i8 (47.j$6) (59.$68) 967 $7.346 19 Nel Lash flows froin operaiing) aciii'ilies c.ash flows from ini e%linR aCtil'ili¢s Inieresl receii'able and sirnilar income Purchase ol. tangible fixed a.sscts 74.6i I 65.401 {fi7.11411 18.3411 160.000) 196.3) 16 N'et cash flows fr()In invcstinbi <)Llii'ities 17$ j831 160 C}63) Nel Idccre¢15el.'incrcasc in CÉ15h Lind cash equivalents Cash and Lash equivalenis ai l M&irch 1757} 4.4)8 ?7.iO? Cash and Lash equivalents at 18 Februar>. ?6.450 ?7.3{1? All of ihe cash flc)H's are dcrii'ed from continuing7 operations during Ihe abo%'c Iwo pcriods. The noles on paijes 17 to 31 forni an integral pan of these financial siaiemenis. Page 16
Tabbda Compan). Limited 1Sotes to the Financial (>tatement% for the l'ear Ended 28 Februan. 202$ I Chariti. status The charity. is limited bi, guarantee. incorpciraled in Northern Ireland. and consequenils. does not haN'e share capital. Each of Ihe iruslees is liable lo c(ii)Iribul¢ an ainc)uni noi exceedin&J £ l ioH'ards the assels ol- Ilie chai'ily in the eN'eni of liquidation. The address of ils registered offiLe is.. 135 A Shore Road EJalliTonan M(Igherafeli Cu l)¢'m' BT4$ 6JA These financial statements were auihori5ed for issue b) the irusiees on 4 December ?025. 2 Accounting policies Summari. ()f significant aLruunlink piiliLIL'.% kei. IlLC()unling estim#lc'5 I'IIL priiicipal aLLuuiilinb poliLILS IippliLd iii IIIL PI'LPiiraiii)ii ol. Ih¢se Iiiiiincial siaiemenis are sei oul below. These p()licies hai'e been Lonsi%iL'iiII! applied (i) all IliL l Lars presLnied. unless oth¢N'i%L' %l¢llLd. talement of c()mpliance 'I'he financial sidien)ents haK'e been preparLd in a¢cordance wilh Accounting and RL'p()rting, b}.. C'liarilies.. SidlL'menl of RL'commendcd l)rilLIiL¢ (applicable Io Lhariti¢'s prLPdrinL IhLif (iccounts in ilLLiirdaniL' itli ihe l.'inancial Reportin&i Siandard applicablc in IliL' I IK (Ind RLpubl ic of IrLlaiid l F RS I O?)) I iSSULd in ()cti)bLr 111191 (CliariiiL'% SORI) I fRS I O? )). lh¢ l.'inancial RLpc)ning S141ndard applicable in the LIK aiid RLpLibl ic lil. IrL1<11id I F'RS I O?) and the CompaniL'% Act ?OU6. Ild5iS of prcpllralion l (Ibbda Coinpan). LimilLd mcL'l% Il)e detiiiiliiin of a public benetil cnlil>' under FRS 101 A55¢15 and liabilities lire iniliall!. rccognised ai hisiofiL(Il c051 or Iransa¢lion value unless otherwise siaied in Ihe relevani accouiiting polic¥ notes. Going ¢on¢crn The trnstees consider thal there are no maleridl uncertainlics about the charit> s abilil). to continue a.s a going concern nor ani, significant areas of uncertainli ihili affect Ihe carTh'ing value of assets held b) the chariis.. Trlln5ition to FRS 102 I n pr¢paring' the aL¢ounls. the IruslL'L.% h(11 L L()nsidLfL'd 1% hciher in appli'ino the accouniing p()1 iLi¢4 rL'quir¥d b). F RS 10? and the Iharities SORI) F RS 111? a re.%laiLineni uf cumparalive ileins w'as required. No rL%iaiiincnts are required as a result of the Iran.g11i()n lo l.-RS I O? Income an(1 endow"men15 All income is recognised once the charii!. has enlitlemeni Iii the income. il is probable ihai ihe income H'ill be receiNed and ihe amount of Ihe income rcceivahle can be measured reliably. Page 17
Tabbda Compan). Limited Jotes to the Financial Statements for the l'ear Endcd 28 Februan. 2025 F.xpenditure Al l eKp¢ndilure is reco?nised once ihere is a leoal or ¢onstruLli%'e obl inalion io that eNpendiiure, il is prob(ible senleinenl is required and the amouni can be Iniasured rLliabl!. All costs are allocated io the appliiable elpendiiure headino Ihai aggreoaie similar costs to Ihat caieL)oTh. ,hLre LOSIS cannoi be direcil! artributcd 10 panicular hcadinos theN' ha¢ been allocated on a basis consisieni iiiih Ihe use of resources. H'ith central staff costs alloLaiod on ihe basis of lim¢ spent. and depreciaiion charoes allocated on rhe ponion of the asset's use. Oilicr support cosis are allocaied based on the spread of sthrr costs. Rai5iiis'funds Tl)ese ¢ire costs incued in allraciing voluntar¥' income: Ihe n)anao¢in¢nt of ineStmentS and those inCued in trading actiN'iiies thai raise funds. Support cos15 Suppiin cosis include central functions and hal'e been allocaied 10 actii'irn cosi cateoories on 8 basis consistent 'iili ilie use of resources. for example. allocaiing propert! COS1% b!. floor areas. or per capita: staff cosls b), Ihe lime speni and other costs bi their usa?e. Goi'ernanee costs These include Ilie cosis allribuiable to the charirN' s compliance w'ith ¢oi)slilulional and slaluloTr' requireinenls, inLludinu audii. straleoic managemeni and trustees meelinos and reiinbursed expenses. Goi'ernment gronts ReLL11 L.d trriiiii Kl id U Istrer District Council £13725 Ta%aiion The charirN' is considered lo pass the tests sel out in Parauraph I Schedule 6 of the Finance Act ?010 and therefore it meLts the definition of a charitable compan! for LIK corporaiion lax purposes. AccordinglTr. the charili 1% potentiall! exempt from taialion in respecl of incoiiie or capital 2ains receiN'ed Mithin cateoories L()i'ered bK' Chapter i Part I l of che Corporaiion Ta.K ilci 101 O or SL'LliI)n ?£6 of ihe Taxation of Chargjeable Cjains .4ct 199? io the exlenl Ihat such income or gains are applied ¢Kclusii'¢l!' to chariiable purposes. Tangible filed asset5 I ndividual fixed assets costing £ 100.00 or more ar¢ initiallN" recorded ai cosl. l)epreciation #nd amorlisalion l)epreciaiion is prvvided on lanb)ible filed assets so ds 10 i%'rit¢ off the cosl or valuaiion. less an) estimated residual k'alue. o¥'er Lheir expected useful economic lile as follo5.. Trade debiors Trade debic)rs are amounis due from cusiomers for merchandise sold or services perfomied in the ordinary course of business. Trade debiorg are recognised initiall), ai Ihc transaction pric¢. TheN are %ub%equenilN measured at amortised cost usinL the ettectii'e interest mL'ihod. less proi'ision for impairmeni. A pr()¥i5ion for the impairn)ent of trade dL.btors is esiablished M'hen there is objecli%'e ei idence that Ilie chariN M 111 ncii be able io collecl all amounts due according to the original ierms of the re¢eii'ables. Pa(Fe 18
Tabbda Compan). Limited otes to the Financial Statements for the l'ear F.nded 28 FebruAn' 2025 Cash and ca_4h eq uii'alents c.ash and cash equi¥alL'I)1s comprise cash on hand and call deposils. and oiher shon-lerni hi(shlN' liquid iiIN'estmeiiis Ihai are readil! con¥'ertible io a knoH'n amount of cash and are subject to an insionificant risk of chanoe in i'alue. Trade creditor5 Trade crediiors are obliuations 10 paN for goods or services ihat have been acquirld in Ihe ordinaTr" course of business fr()m suppli¢'r%. ALcoulli% pal'able are classified as current liabiliiies if th¥ Lharin does not have an unconditional riohi. ai Ihe end i)r the reponina period, to defer settleinenl of ihe creditor lor al leasi Imelke monihs after the rL'POrtiniF datc. If there is an uncondiiional ri(y .hi to deter seiilLm¢lll lor al least IM elfvc months afier the reportin£ daiL. theN' are presenied as non-currenl liabilities. Trade creditors ar¢ reconnised initiall) ai the transa¢lion price and subsequentli. measured ar amortised cost usin(F ihe etteciiie inlorL'%i meihod. Borrom'ings Inieresi-bearing borroii'ings are Initiall recorded ai fair value. nei of iransaclion costs. Interesi-bearing borr(Iii'ings are subsequenili Caled ai amortised cost, "1[h thc differenLe bet'een Ihc pro¢eL'ds. net of Iransaciion COSls. aiid Lhe dinounl due on redempiion being recognised a5 a charge lo the Siateineni of F inancial Aciii ities oNer IhL period of Ihe relei'ani borro.in2. Inieresl elpensc 14 recognised on the basis of the effeciii'e interest meihod and is included in inieresi pa1.able and similar charees. Borroil inos are cla55ified a5 Lurrent liabililies unless the charit¥. has an unconditiunal riuht to defer senlemeni of the liability. for al leas1 Iwelve monihs aher the reporting dale. Foreign exchangc -1 raiisaciions iii fui'eion currL'ni ies are recorded at ihe rale of exchanoc ai Ihe date of the Iransaciion. Monetary, asseis and liabiliiies denoniinaied in foreign currenci¢5 at the balance shcLi d¢ile are reponed ai lh¢ rates of eichange preN'ailing ai thal dale. The resulis of 0erSeaS op¢'rations are iranslated ai Ihe average raies of eNchan(ve duriniy Ihc pcriod and their balanLL' 5heeis ar the rates rulinu ai the balance sheer dale. E.Kchantse ditT¢rences arisiiig on Lrdnslalion ot- Ihe openin(T nel asseis and resulis of oN'erseas operaiions are reported in oiher coinprehensike income and accumulated in equiiN' lattribuied 10 non-conirolling interests as appropriaie}. Oiher exchantsc differences are recogni5ed in Ihe Statement of Financial Aciii'iiies in Ihe period in H'hich (hey arise except for.. I l exchan. oe difterences on Iransaciions entered into to hedge certain foreitrn currenci risks (see aboi'e)- 2) eKchan ue ditTerenci's arisino on oains or losses on non-monetar). ileins M'hich are recognised in oihL'r comprehensive income. and 3) in Ihe case of Ihe Lonsolidaied financial slalemenis. exchange difterences on moneldn" items reCeiable from or pa! able lo a fiireign opcralion for hich settlement is neither planned nor likeli. io occur {Iherelore lom)in() part ol- the nci iniestmeni in Ihe forei(Fn operation). h]ch are recognised in other LC)nipreheiisii'e incom¢ and reported undLr equil).. Page 19
Tabbda Compani Limited otes to the F inancial Statements for the I'L'ar Fnded 28 Februan. 21)25 Fund structure Unre%iricled in¢ome fund5 are general funds thai are available for use at ihe Irusices discreiion in furtherance of the objccli¥es of the charii).. ResiriLicd income ndS are ihose donaied for use in a panicular area or for specific purposes. Ihe use of i¥,hich is rcstricied io Ihai arca or purpose. Pensions and other post reliremenl uhligalions Th¢ chariiN' operates a dLlinLd coiiiribulic)n pension scheme thhich is a pension plan under HhiLh fiNed coniribulions arc paid inio a PLnsii)n fund and the charilfv. has no legal or conslruciive oblioaiion i() paN' funhL'r contributions cKL'n if tli¢ tund doLS niil hc)Id %uificient assets lo pa all cmplo)'ees thc benclils relaiin¥ lo emploi ee sLrk ice in ilie currLnl and prior PLriods. Coniribuiiuns to definLd conlribuiion plan% arc reco&)nised in (h¢ Staiemenl ol. P inanL ial Acliviiies M hLn ih¢y' are due. If Loniribuiion paN'ments e.xceed the contribution due for service. the excess is recognised a5 a prepal'meni. Financial instrumcnt5 clu.i.iific.dliiin l.'inancial asseis and finiinlial lidbililies are recogJni5cd M'hen the charii). becomes a part!. lo the contractual pro¥'isions of Ihc instruincnl. FinanLial liabilitie5 arid equii!. in_4irumenls arc cla%sified according lo the substance of Ihc contraLIu<il aanb)L.menis entered inio. An cquilN' in.%iruin¢iil 14 an¥ contraLI (hai ei'idcnces a residual interest in the assL'l% lif the chariti. aller deducting all of its liabil ities. ReL'IJAyiilii¢iii uiicl nieu.4urviiiL'iil All financial assets and liabililies are initial l! Ineasured al Iransaciion price l including transaction c05ts). exLepl ror those finanLial assels classified as al fair kalue IlirouLJh profil or loss. hILh are iniliall!, mea.4ured ai l(iir Jalue Im'hiih 1% ni)rmall! Ihe IrKlI?%aclii)ii price e.Icludinb IraiisaLiioll COSl%l. unlL'5b ihL' (Irran&Fcineiil ciin4lilLlte.4 a I In<iniing transaclion. I I. an arraiibieiiiL'ni consliiuiLS d I Inancing IransaLli()n. the finctncial assL'I or finaiil ial liabilii!. is measured ai IhL' prc.%LliI Nalue ul- Illl liiiiirL pa)InLn15 di5Lounled al a mark'ei raiL ol" iniLfis1 fur a similar d¢'bi in%lThmeni. Financial assets Lind liahililies Lire ()nli' ollscl in the SiLltcmeni of financial posiiion M'hcn. and onl!. 'hen Iliere elists a IcbJall}' enlorLL'dbli ri¥lil 10 SL¥[ oll. IhL reLus)1l1SL'd aniiiunls (Ind the Lharil}' iniends L'iihL'r io seiile on a nel basis. or lo realise thc a5sel and .qeiilc' Ihc liabilil). siinulian¢()u%li'. Financial asseis are dereco¥Ynised M'hen and onl!. ii'hen a) the conlraclual righis lo the cash Ilnil's froin Ihc Iinancial assei eipire ()r arL si'iIILd. bl lh¢ Lharil! Iran%lcrs li) an()Ihcr part! subslaniiall!. all ()f Il)c risks ai)d reH'ards of owmcrship ol- IhL linanLidl <1ssel. i)r cl Ihe charil!,. d¢spil¢ ha¥'ing rLlained soine. bul not all, significant risks and rew'ards of 0.nershIp. ha5 Iraiisle]Ted control of the assel to another part).. Financial liabilities are derecobynised onl) i¥'hen ihe obligation specitied in the contract is dischar&Jed. canc¢lled or expire5.
Tabbda Compan! Limited
INotes tu the Financial Statements for ihe l'i'ar r.nded 28 Februar). 21)25
Debi iii.ifrunieiii.I
Debi insirumenis which Ineei the folloIng condiiions are subsequenilN measured ai amortised cost using the
effecliN¢ inieresl meihod..
(a) Thc conlraclual return to the holder 15 {]) a IIKL'd aiiioLllii.' l ii) a posilii'L' fii¢d rili¢ or a positive variable rate..
or {1 i i) a coinbinalion of a POSiliK'e or a nL'baiii'e fi.Ked rdl¢' <iiid a posiiiic N'ariiible rale.
Ib) I'l)L conirdLI Ina) prokidc lor repai'menis of the principal or the return to Ihe holder {bul not both) lo be
link¥d 10 (t sini)Ic relei'anl i)bseTh'able indLi of gTcneral priL¢ inflaiion of the currenc}, in w,hich ihe debi
insiruinLlli is d¢n()Ininaied. proN ided SULh links are nul IL'i'erabied.
{cl "I'he c()niracl mai. proi'ide lor a detemiii)
Tabbda Compani Limited INotes to the F-inancial Statements for the l'ear Ended 28 FL,bruan' 2U25 Derii'iilii'efiiiéiii¢'i(Il iii.1lrunieiii.s The Lh(Irit! USLS d¥fii iiliN'e Iiiiancial insirumentS to reduce exposure io forL'jun eichanlye risk and interest rate moveiiienls. Thc charit! does noi hold or issue derivaiiie financial instruinenls lor speciilalii'e purposes. Derii'alii'es are inilialli rLL()ITniscd al fair i'alue ai Ihc dale a deriii)li¥'e cc)nlraLI IS eiiiered inio and are 5ubsequeiiil! reiiiea.4ured lo iheir fair i'alue <11 each reponing diiie. The re5uliinu Uiiin ()1. 1115% 1% recogJni%ed in staieineni ol. financial <icli¥'iiies iiiiinLdiatelN' unless ihe deril'aiii'e is de%iLTnJied and eff¢'clii'L' as il hcdbying, in.slrumcnl. in M'hich c¥'L'nl ihe liming of the recognition in statemeni of financial aciiviiies dLpend5 on the nature of Ihe hedLFe r¢laiionship. uir i'dlue nieu.¥uremeiil The besl evidL'nLe uf fair value is a qui)led price for an ideniical asset in iin aLlil. InarkL't. Il'hen qu()ted prices are unaN'ailablL'. (he priLe of a rLceni Iransaction for an ideniical a%sei pr()I'ides e idL'nce of t-dir i'alue as long as Iheri lias n()1 hLL'n a si¥iniliL(Int chaiibie in ec()niimiL cirLumslances or a sionilicanl lapsL of liiii¢ since the Iraiisaillul) l()cik place. I I. lh¢ ii)arkcl is not aclik'e and rLLL'nt lriin4aclions of illi idenliidl assei on their own are iioi a giood e5tiiiiale of lair kdluL'. Ihe fliir i'alue 1% e%tiinaiL'd bi. usinLi a i'K)luali()n leihnique. 3 Ini()me frum dunalion5 Und legacies funds Total for 2024 4 Inconie fr(Im L'h# ritable CtI itie lJnft'%l rii te(1 rijndi (Jl'lii'ral Total fu lids 611.000 60.000 Total f<)r 2024 60.000 60.000 Total f()r 2024 611.000 60.000 Inconii. from oihcr I rydinK ul'lii'ities L nri'itricted Re4iricled funds Tolal fund5 Cjenvrdl N4eiiiber5hip sub5criplions Prop¢nN rLlli(Il income Other inLoine Irom oiher trading activiiies Total for 20?4 18.757 4S.6j9 66.469 66.469 Total fi)r 20•4 64.911 14.474 79.48$ Page 22
Tabbda Compani. Limited Ilote5 to the Finaniial Statements for the l'ear F.nded 28 FehruaTh' 2112 6 F.xpendilure on raising funds
) Costs of trading actii'ities
Llnrestricled funds Crenc'ryl Other Restrictcd funds Totxl ruiid4 ote Costs of byoods sold Deprel iaiion. aniortisalion and oil)er similar costs Other direcl cosis of aciiviiies for generating rund5 70 70 ?6.5j6 Total for 202 6().405 6().411S Total for 2024 49.743 -567 10,750 61.11()O c()41.4 7 Expendilure on eharilablc #cti%'itleS L n re%lricte(I fuiid GenL'ral Tnlml fuiid Note Governance costs Tot81 fur 2024 16,740 16.710 Tolul cxpeiidilurf In addilion to the eipendilure &illÉil)'sed above. IhLre are a150 gvi'emance costs of £1 ?84 (?0?4 - £16,750) M hiLh relaie direLiI J. to chariiable actii'ilies. See i)ole 9 for further deiails. 8 Other expenditure Page 23
Tabbda Compani. Limited Sotes to the Financial Statements for the 1.car Ended 28 Februar). 2025 nreslricled funds General Other Restricted funds Total funds Siarr Losts I'aoe% and salaries Pen%i()i) costs Nlarkciinu and publicir¥' Oiher resources expended li.40? 70 6.000 $40 70 6.000 440 Total for 2024 l j.47? 6.440 ?0.01? Total for 20?4 19.770 9 Anall 515 of goiernance and support costs CTO%"ernance costs L'n rc51ricted funds General Total funds Oiher goi'ernance costs Total for 2025 Total for 2024 16.740 16.750 Paoe ?4
Tabbda Compan). Limited ote5 tu the Financial Statements for the I'car Ended 28 Februarn. 2025 10 Gui'ernmenl grants L oiniiiunii! Baled Lil'anis Irom Mid Ulster District Council The ainouni of LTraiits rLco2nisLd in the Iinancial slalemenls 'aS £- {?0?4 £-}. I I CJr#nl-makin2 Anali'si.4 ofgran15 (Jraiils to institutions 21124 2024 Anlllv5i5 C'iii)Iii)unil)' Veniies Gr<inl Ciipilal (irani rL ILaSL 13.7?5 i 0.000 I i),noo ?3,7?5 The suppon cusls associaiLd with granl-making are £Nil (?9 February. ?0?4 - £N il), Comniui)ilN' Based Gr<in15 from Mid Ulsier District Council l.otteTh Fiinding Ddrd l.undiiig L apilal A%%L'I F undin Capiial Cifdl)i Ri.l¢ase Loiiery F-unding 12 Nel incom in2/outg()inR res()urci'5 Nei incomino res()urLes tor the NL'ar include.. 2024 DLprL'LI(Ilion of filed as5els ?6.536 ?9,814 13 Tru51ee5 remu ncration and vxpenses N() Iru51ccs. nor ani per50115 connL'LIL'd w'ith them. have receiv¢d an), rLinuncration from the charity during the car, No Irusiees hafve receiN'ed an}. oiher bencfi15 from the ch<WitJ' during the )'ear. 4 Sidff (0515 The aggreoale pai.roll costs w'¢re as follows.. Page 25
Tabbda Compani. Limited Ilotes to the Financial Statements for the Year Ended 28 Februan 202) 2024 Siaffcosts during the lear were: I'aoes and salaries Pension costs ?0,20? 70 No emploN'ee receii'ed einoluinenls of more than £60,000 during the )'ear. IS Taiation I'he chariTh is a registered charitK and is therefore exempi from taxaiion. 16 Tangible fixed assets Land and buildings Furniture and equipment Total Cost Ai l March 20?4 Additions l.i49.n77 21 ?.4)0 ?.481 l 161.497 At ?8 FebruaTr ?0?5 l.i fj4.938 ?14.901 1 *69.8)9 Depreciation Ai l March 20?4 Charge for the l'ear 695.8?7 16,750 ?06.-5?1 9.78_- 90?.j48 At 28 Fcbruary !o?.s 71? 577 ?16.306 8.883 et book. i'alue At 28 FebruaTh 20?5 64? 361 (1.40f) 640,976 Ai 29 FebruarN ?0?4 653.?50 649.149 17 Debiors 2025 2024 Trade debiors Accnjed income VAT reCO.Crab1e Oiher debtors 57._i i6 30 5.681 Debtors includes £Nil (?014." £$7. j $6) reLeivable after more than one }"ear. Pa2e ?6