REGISTERED COMPANY NUMBER: N1045660 REGISTERED CHARITY NUMBER: 103789 Re rt of the T 8tee an d Flnancial Statements for th& Year En 31M h2025 mowen P Trust om Limited b Gu ranteo Dominic Rofferty & Co Ltd 2 b Cabragh Road Dungannon Co. Tyrone BT70 3AH
Carnow Partnershi Trust Contents of the Flnanclal Statements for the Year Ended 31 March Page Report of the Trustees Independant Examiner's Report Statement of Flnancial Activities Statem8nl of Financl81 Position Notes to Ihe Flnanclal Statements 8 to 14 Delalled Statement of Financial Actlvltles 15 to 16
Camowen Partnershi Trust ReDOrt of the Trustees for the Year Ended 31 Marc 20 The trustees who are also dSrectors of the charlty for the purposes of the Companies Act 2006. present their report with the financial statements of the Gharity for the ygar ended 31 March 2025. The trusl2es have adopted the provisions of AccounÉlng and Reporting by Chan'ties., Statement of Recommended Practice epplicable to charities preparing their accounts In accordanc8 Wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102> (effective 1 January 2019). OBJECTIVES AND ACTIVITIES The objectiv8 of the charitable company Is to benefit the inhabltants of tho Camijwen River calchment area and its environs without distlnction of gender, sexual orlentation, age, disabllity, race, ethnl¢lty, or polltlcal, rellglous or other oplnlon and In partlcular to: Provldè affordab18 chlldcare and promote good health for chlldren and parents; Advance education and training and raise awarenass of and interest In important issu68 by organlsing andlor provldlng vocatlonal and non-vocatlonal courses, semlnars, lectur8S and discussions; Relieve those in need by reason of soclal and economic circumstances, dlsabilitles or speclal needs or other d5sadvantages; add Promote good communlty relatlons and cro88 communlty Int8grallon by organlsation activities and events. In order to meet it's objectlve8, th8 charity provides rnany $8rvices to the local community. Such servlces Inclu(Je: Work experiènce opportunilias., Intemet access and support Photocopylng, printing and laminatlng faclllties: Information regarding fundlng, grants and othgr Ioc81 interasts; Slgnposllng servlces for grants, benollls and any other request a penson of our communlty may have; Out of school club, for school age chlldren 4-12 years old., Parentlng programmes. baby programmes and health and well-belng Informatlon sesslons,. and Baslc compuier classes to a wlde range of the community. ACHIEVEMENT AND PERFORMANCE The Dlrectors are confldenl that the charltable company contlnues to rn8et It's Performance objecllves to benefit the local community. The charitable company contlnues to recelve fundlng from local bodi88. Financlal P•rformance The results for the year are set out in detail on pages 6 10 19. The charitable Gompany returned net outgolng resources for the year of 2025 £6,087 (2024.. .£3,130) At 31 March 2025, Ihe total funds ol the tharity amounted to £70,240 (2024: £64,153) comprising of unrestrlcted funds of £70,240 {2024., £64,153) and restricted funds of £0 (2024: £0). Principal sources of funding and how Éhis has supported the key objectives of the Gharitable Gompany are disclosed in the notes to the financial statements. Page 1
Camowen Partnershi Trust Re ort of the Trustee for the Ye8r Ended 31 March 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Goveming document The charlty is controlled by its governing document. a deed of trust, and Gonstitutes a limit8d company, Ilmited by guarantee, as defined by the Companies Act 2006, REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Company number N1045660 (Not specffiedlOtheT) Reglstsred Charlty number 103789 Reglstered office Camowen Partnershlp Trust The Milestone Cenlre Carrickmore Co. Tyron8 BT79 9AL Trustees P Cush (Chairp8rson) J H M8guir8 Mrs M B Mccormack Ms C Conway. Ms A QuSnn Company Secretary J H Maguira Independent Examlner C)ominic Raffety & Co Ltd 2 b Cabragh Road Dungannon Co. Tyrone Brio 3AH Approved by order of the board of trusteas on 14 October 2025 and slgned on Its behalf by. P Cush - Trustee Paga 2
Inde endent Examinerfs Re Camowen Partn hl Trust I report on the accounts of the company for the year ended 31 March 2025, whlch are set out on pages five to fourteen. Drt to the Trustees of Respective responslbllltles of charlty trustees and examlner As the charity's Iru5tees (anLI also the directors for the purposes of company law) you are responsible for the preparatlon of the accounts In accordance wlth the requirements of the Companies Act 2006. Having satlsfied myself that the Gharity is not subiecl to audit under company law and is eligible for Independent examination, It Is my responsibility to.. examine the accounts undar Section 65 of the Charities Act follow the procedures laid down in the g8n8ral Direcllons given by thg Charity Commisslon for Northern Ireland under Sectlon 65(9Mb) of the Charltles Act state whether partlcular matters have come to my attention. Basls of the independent examiner's report I hav8 8xamlned your charity accounts as requlr8d under Section 65 of the Charitles Act and my examlnation was carrled out In Sccordance wllh the general Directions glven by the Charfty Commisslon for Northern Ireland under Section 65(9)(b) of the Charities Act. The examination included a review of the accounling records kept by the charity and a comp2rlson of the accounts presented wlth those records. It also In¢ludad consider8tion of any unusual Items or di8closur8s in the accounts, and seeking explanatlons from you as charity *rustees conceming any such malters. My rol8 Is to state whether any m8t8rlal rnattgrs have come to my attention giving me cause to belleve., That accountlng records ware not kept In accordance with Section 386 of the Companles Act 2006 That the a¢¢ounts do not 8Gcord wlth those accounttng records That the accounts do not comply wlth the occounllng requlrements of Sactlon 396 of the Companles Act 2006 and with the methods and principles of the Charitles Stslemént of R8commended Practice applicable to chariti93 preparing their accounts In accordance with lh8 Flnancial Repo.rting Standard appllcable In the UK and Rapublic of Ireland That Ihere 13 further InfomiatEon needed for a proper understanding of thg accounts to ba reached. Independont examlner's statement I have oomp18led my examinatlon and have no concerns in respect of the matters {1 ) to (4) lisled abovg and. in connection wlth following the Direct(ons of Iho Charlly Commlssion for NDrthem Ireland, I have found no matters that require drawing to your alt?nlion. Dominic Raffèrty ACA Dominic Raff&rty & Co Ltd 2 b Cabragh Road Dungannon Co. Tyrone BT70 3AH 14 October 2025 Page 3
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Camowen Partnershi Trust Statement of Financial Aclivities for tho Year Ended 31 March 2025 31.3.25 Total ftjnds 31.3.24 Total funds Unrestricted Restricted fund fund Notes ¢HILDCARE SERVICES FROM Chantable actlvitios Child¢8re recov6ry SUPPOrt fund HSCB- Brights18rt Holiday Scheme HSC&- Brightslart School Age Fund Reglonal Fair Play Scheme 81ackbum Trus1 OFDC Summer Schem8 Creggen Whitehare Littlestars 3,219 3,472 20,266 7,498 1,000 669 1.500 250 1,065 1,065 Other tradlng activitles Investrnent Sncom6 90,199 172 90,199 172 115,480 89 Total 91,436 91,436 153,423 EXPENDITURE ON Raising funds 9,761 9.761 11,817 Charltable actlvltles Insurance Toys and equipment Food and consumables. Light and heal Telephone Staff trav81 and expgnses Accountancy Admin costs Bank charges Wag8S Charity Donation- Actlon Cancer 802 1,613 2,588 802 1,613 2,588 1,006 3,592 3,869 2,556 1,636 820 2,099 1,983 286 117,536 225 407 629 1,400 874 218 63,478 407 629 1,400 874 218 63,478 Olher 3,579 3,579 9,148 Total 85,349 85,349 156,553 NET INCOMEI{EXPENDITURE} 6,087 6,087 (3,1301 RECONCILIATION OF FUNDS Total funds brought forward 64,153 64,153 67,283 TOTAL FUNDS CARRIED FORWARD 70,240 70,240 64,153 The notes form part of these financial statements Page 5
Camowen Partnershi Trust Statement of Financial Position 31 MarGh 2025 31.3.25 Total funds 31.3.24 Total funds Unrestricted Restricted fund fund Notes FIXED ASSETS Tangible assets 4,198 4,198 4,602 CURRENT ASSETS D8btors Cash at bank 10 6.164 60.022 6.164 60,022 13,396 46,312 66,186 66,186 59,708 CREDITORS Amounts falllng due wllhin one year 11 (144) (144> (157} NET CURRENT ASSETS 66.042 66,042 59,551 TOTAL ASSETS LESS CURRENT LIABILITIES 70.240 70,240 64,153 NET ASSETS 7D,240 70,240 64,153 FUNDS Unrestrlcted funds 12 70,240 64,153 TOTAL FUNDS 70,240 64,153 The charltable Company is entitled to exempt5on from audll under Section 4TT of the Companles Act 2006 for the year ended 31 March 2025. The members have nol requlred the company to obtaln an audlt of its financial statements for the year énded 31 March 2025 In accordance with Section 476 of thg Companles Act 2006. The trustees acknow18dge th8lr responsibilfties for {a) ensurlng that the charitable company keeps 8c¢ountlng records that comply wlth Sectlons 386 8né 387 01 the Companies Act 2006 and {b) preparing fin8nGial statements whlch give a true and fair view of the siato of affalrs of the charitable company as al the eniy of each financlal year and of Its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and whlch otherwlse comply with th6 requirements of the Companles Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements Page 6 continued..,
Camowen Partnershi Trust Statement of Financial PoS10n - contlnued 31 March 2025 These financial statements have been prepared In accordanc8 wllh the provlslons applicable to charitable compani8s subject to the small companies reglme. The finanGlal stalem8nls wer8 approved by the Board of Tnjstees and authorlsed for Issue on 14 October 2025 and were signed on Its behalf by: P Cush- Trustee M B Mccormack - Trustee The notes form part of Ihese financÈal statements Page 7
Camowen Partnershi Trust Notes to the Flnancial Statements for the Year Ended 31 March 2025 ACCOUNTING POLICIES Basls of preparlng the finan¢lal statements The flnanclal statements of the charitable company, which is a public benefit entlty under FRS 102, have been prepared in acGtsrdance with the Ch8riti86 SORP (FRS 102) 'Accounting and Reportlng by Charitles: Statement of Recornmended Practlc6 appllcable to charities preparlng their accounts in accordance with the Flnancial Reportlng Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 2019),, Flnancial Reportlng Standard 102 'The Flnancial Reportlng Standard applicable in th8 UK and Republic of Ireland, and the Companles Act 2006. The financial statements have been prepared under the historical cost convenlion. Income All Income Is r8cognised In the Statement of Fin8nclal Actlvltles once the charity has entillement to th8 funds. it is probable that the income will be recelved and the amount can be measured rellably. Expendlture Llabilities are recognlsed 88 expenditure as soon as Ihere Is a legal or construGtiV8 obllgatlon commlttln9 tho charlty lo that expendltur6, It Is probable that a transfer of economlc benefits wlll be requlred In settlement and th8 amount of the obllg8tion can be m8asured reliably. Expenditure Is accounted for on an accruals basls and has been classifled under headings that aggregate all cost related to the Gategory. Whera costs cannot be dlreotty attrlbuled to partlcular headlngs they have been allocated to a¢tlvltles on a basls consistent wlth the use of resources, Tanglble flxed ass•ts Depreclalion is provided at the followlng annual rates In order to write off each asset over its astlmated useful Ilfe. Taxatlon The charlty is exempt from corporatlon tax on Its chsritable 8cllvities. Fund acGountlng Unrestricted funds can be used in accordance with tho Gharitable objectives at the dlscretion of the trustees. Restricted funds can only be used for particular restricted purposes Withln the objects of the charily. Restrlctions aris8 when specified by the donor or when funds are ralsed for particuler rosln'cted purposes. Furthar explanatlon of the nature and purpose of each fund is included In the notes lo the financial st8t8ments. Hlre purchase and leaslng commttments Rentals paid under operating IRases are charged to the Ststem6nl of Financlal Activitles i)n a straighl line basis over the period of the lease. Page 8 orltinued...
Camowen Partnarshi Trust Notes to the Fln8ncial Statements - continued for the Year E ded 31 March 2025 OTHER TRADING ACTIVITIES 31.3.25 31.3.24 Fundraising events Childcare Services 90.199 115,459 90,199 115,460 INVESTMENT INCOME 31.3.25 31.3.24 Interest receivable - trading 172 89 INCOME FROM CHARITABLE ACTIVITIES 31.3.25 31.3.24 Activity Childcare recovery support fund HS¢B- Brlghtstart Hdiday Scheme HSCB - B.rlghtstart S¢hool Agè Fund Reglonal Falr Play Scheme Blackbum Trust OFE)C Summer Scherne Creggen Whitehare Lllllestars Grants Grants Grants Grants Grants Granls Granls Grants 3,219 3,472 20,266 7,498 1,000 669 1,500 250 1,065 1,065 37,874 Grants received, InGlu(le(J In the above, 8re as follows: 31.3.25 31.3.24 HSCB - Brlghtstart Holiday Scheme HSCB- Brightstart School Age Fund Blackburn Trusl Halrfax Foundatlon Regional Fair Play Scheme OFDC Summer Schem8 Funding Creggen Whitehare Little Stars 3,471 20,266 1,000 3,220 7,498 669 1,500 250 1,065 1,065 37,874 Page 9 continued.
Camowen Partnershi Trust Notes to Ihe Financlal Statements - continued for the Year Ended 31 MarGh 2025 RAISING FUNDS Investment management Gosts 31.3.25 31.3.24 Propgrty repairs 948 NET INCOMEI(EXPENDITURE) Net Incomel(expenditure) Is stated after chargingl(creditlng): 31.3.25 31.3.24 DepTeciation - ownad assets Rent Food & consumables 440 10,869 3,869 9,707 2,588 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for th9 year ended 31 March 2024. Trustees. expenses There were no trustees, expensgs P8id for th8 year ended 31 MarGh 2025 nor for Ihe y88r end8d 31 March 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestrlcted Restrlcted nd fund Total funds CHILDCARE SERVIGES FROM Charltable aGtivitles Childcare recovery support fund HSCB- Brightstart Holiday Scheme HSCB - Brightstart School Age Fund Reglonal Fair Play Scheme Blackburn Trust OFDC Summer Sch8rne Creggen Whitehare Llttlestars 3.219 3,472 20,266 7,498 1,000 669 1,500 250 3,219 3,472 20,266 7.498 1.OOQ 669 1,500 250 Other tradlng activities Investment income 115,460 89 115,460 89 Tolal 153.423 153.423 EXPENDITURE ON Raising funds 11,817 11,817 Page 10 continued...
Camowen Partnershi Trust Notes to the Flnanclal Statements - conffnued for Ihe Year Ended 31 March 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivrriES - contlnued UnrestriGt8d Restricted Total fund fund funds Charitable activltl¢s Insurance Toys and equipment Food and consumables Llght and heat Telephone Staff travel and expenses Accountancy Admln costs Bank charges Wages Charity Donatlon - Action Cancer 1,006 3.592 3,869 2,556 1,636 820 2,099 1,963 286 117.536 225 1,006 3,592 3,869 2,556 1,638 820 2,099 1,963 286 117,536 225 other 9,148 9,148 Total 156,553 156,553 NET INCOMEI(EXPENDITURE) (3,130) (3,130) RECONCILIATION OF FUND5 Total funds broughl forward 67.283 67,283 TOTAL FUNDS CARRIED FORWARD 64,153 64,153 TANGIBLE FIXED ASSETS Short Computer leasehold equlpm6nt Totals COST At 1 April 2024 and 31 March 2025 6,488 4,436 10,924 DEPRECIATION At 1 April 2024 Charge for year 2,607 260 3,715 144 6,322 404 At 31 March 2025 2,867 3.859 6,726 NET BOOK VALUE At 31 Marth 2025 3.621 577 4,198 At 31 March 2024 3,881 721 4.6Q2 Page11 continued...
Camowen Partnershi Trust Notes to the Financlal Ststements - continued for the Year Ended 31 March 202 10. DEBTORS- AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3,25 31.3.24 Trade debtors 6.164 13,396 11. CREDITORS: AMOUNTS FALLING DUE MTrIIN ONE YEAR 31.3.25 31.3.24 Trade creditors 157 12. MOVEMENT IN FUNDS Net movemant in funds Al 31.3.25 At 1,4.24 Unrestr5cted funds General fund 64,153 6,087 70,240 TOTAL FUNDS 64,153 6,087 70,240 Net movement In funds, induded In the above are as follows: Incoming Resources Mov8ment resources expended in funds UnrestrlGt8d funds Genoral fund 91,436 (85.349) 6,087 TOTAL FUNDS 91,436 (85,349) 6.087 Comparatlv8s for movement In fund$ Net movement in funds At 1.4.23 31.3.24 Unrestricted funds General fund 67,283 {3,130) 64,153 TOTAL FUNDS 67,283 (3,130) 64,153 Page 12 continuod...
Camow8n Partnershl T Notes to the Financial Stataments - continued for the Year Ended 31 March 2025 12. MOVEMENT IN FUNDS • contlnued Comparative net movement In funds, included In the above are as follows.. Incoming Resources Movement resourc6S exp8nded in funds Unrestrlcted fund$ General fund 153,423 (156,553) (3,130) TOTAL FUNDS 153,423 (156,553) (3,130) A current year 12 months and prior year12 months comblned posltlon Is as follows: Not movernent in fundg At 31.3.25 At 1.4.23 Unrestricted funds General fund 67.283 2,957 70,240 TOTAL FUNDS 67,283 2,957 70,240 A current ygar 12 months and prior y6ar 12 months combln8d net movement in funds, included in the above are as follows: Incomlng Resources Movement resources expended in funds Unrestrlcted funds General fund 244,859 (241,902) 2,957 TOTAL FUNDS 244,859 (241,902) 2,957 Paga 13 continued...
Camowen Partnershi Trust Notes to the Financial Statements - continued for the Year Ended 31 March 2025 13. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2025. Page 14
Camow n Partn Trust Detailed Statement of Financial Activities for Ihe Year Ended 31 March 2025 31.3.25 31.3.24 CHILDCARE SERVICES Other trading a¢tlvltlÈ8 Fundraising evenls Chlldcare Servlces 90.199 115.45g 90.199 115,460 Investment Income Interest recelvable tradiThg 172 89 Charltabla activitiès Granls 1,065 37,874 Total Incom5ng reBources 91,436 153,423 EXPENDITURE Other tradlng actlvltles Rent 9,707 10,869 Investment iiianagement Gosts Property repalrs Charltable actlvltles Wages. Food and consumabS&s Light and heat Toys and equipmenl Exc8Ptlon81 Items 63,478 2.588 117.538 3,869 2,556 3,592 2.188 1,613 874 88,553 129,741 other Trips and special activitles Transportation costs Computerlsoftware costs Depreciation of tangible flxed assets 1,707 2,036 5,305 1,367 440 1.468 404 3,579 9,148 Support costs Management Insurance Carried forward 802 802 1,006 1,006 This page does not form part of the statutory financial statements Page 15
Camowen Partnershi Trust Detailed Statement of Financial Activiti for the Year Ended 31 March 2025 31.3.25 31.3.24 Management Brought fOard Telephone 802 407 1,006 1,636 1,209 2,642 Finance Bank charges 218 286 Governance costs Staff travel and expenses Accountancy and legal fees 629 1,400 820. 2,099 2,029 2.919 Total resources expended 85,349 156,553 Net Incomel<expendlture} 6,087 {3,130) This page does rKJt fonn part of the statutory financial slatements Page 16