RI4 G'ISI'F.RI4 D COMPANY NUMBF.11: N11135971 (jorthcrn Irelaiid)
IlTr:C:I.%I"F.IITr;D CIIAIII"I'Y NUMBF,R: NIC:104578
Rcporl of ihL "I'ruslccs and
lJndudilod fir)clllLlkil ,Siul¢iii¢iiis fui. IhL YLar l-.nded I l Au&Yii%1202:3
fur
(JL'lviii ArLii C()iiimiiiiily. A.451)Cl ¢iLi()i) l.ld
(A ('{!!iipdnLI:iii!ilcd by (NLli!I'tiiilLL)

Gclvin Area Communit As8ocialion I.Id
ContLnts ot" Ilic I, iniincial Statcinciils
lor thL YL'ar L,"ndcd 31 Au
ust 2023
RLfLr¥n¢L and Adniiriistl'L live Dclails
RLpurt of ihc 'l'rustLe
liidLI)ciidciii l-.,xainiiior's Ilepo
SlulLiiiLnl of i in<iiiLial Activilics
Ilcil&incc %hcL't
() L() 14
l)clai ILCI %i¢ilLIT)Lnl ()r I. I11(IIILi<il ALli viliL

CJclvin Area Coininiinit Association l.td
Ilcfcrciicc an(1 AclmiIiistralivc Detail%
ror tlie Ycar I',iidcd .31 Augusi 2023
TRUSTTr F.S
Fliigh F.ugcne Mc('loskcy
%caii I,arrcl I
I ILiiry Forsylhe
Susan Mckenna
Palrick r.Inmetl M¢Nicholl (appoinied 28.11.23)
COMPANY STr.CRFTAIIY
%iisan MckLnna
IITr (:ISTTr-IIF.D ()b b'lCF'
191 l.cgiuvall()n Ili)ad
t)ung)ivLIi
(.() l)Ll-I'y
14.1.47 4QW
III4 C:I%TTr:IITr.D COMPANY
NUMBP'II
N11).35971 (Noi'ilicri) IrLlaiicl}
IiTr:ris'i'Tr'iiF.D CIIAKI'I'Y
NUMJlb.R
NIC104578
INI)EI)Tr.NDF:N'I' Tr'XAMIN b:R %lidun McAIL¢r & (.'(). l.ld
5 N()rihlill)cl Ili)aLI, L)Li'ry
13'1'4X 71 IX

Gelvin Arca CommLinit Agsociation l.td
Ile
ort of thc TnistL'cs
for the Yeai. I'"ndcd 31 Au
ust 2023
'rhe Iruslces who arc also dircclors of thc Lhariiy for ihc purpoSLS of IhL. ("oinpanies Acl 2006, pi'¢%ciil IhLiI'
rLpoi-l iviili IIIL fiii£illcicil stalLincnl% i)r IhL cliarily for ihc yLai' Li)£led 31 August 202_3. -1'lIL' Ii'Li%ILcs liavc
acloplLd ilie pi-(Ivi.%io]i.% o f ALC()uiiliiiLi and IIL'poi-liiig l)y C"liiil'ilics'. %Lcilcmciil ()r IiLLOlllllILlI(led l)I'ilLlice
aiipl iCcililL lo LhariiiL% i)rLpai'ing ihiir aLci)uiil% iii clLLOI-daiicc wilh iliL I. illl¢ nLial RLpiii'liiiL %iciiiclai-d
aiiiil iL(IblL iiI IIIL IJK LiiiII IIciiLII)l IL L)I' Irclaiid I l-'R% l ()2) I cl'lL'Llivc l .lilllUcll"y 201 L)}.
INCORI)OIIATION
"I-IIL, Lharilc1blL' Loini)any was inLoi'p()ralL.d 011 9 Apri I199L) (ind LoiiimcnLcd ii-adiiiLJ 011 tIIL same dLIIc.
()11.IF,(.'TIVI4.S AND ACTIVITIF.
O bji'LIivLlTr #nd ainis
"ri)L Lunip¢iny's ¢h¢ll'ilablc ubj¢clivL's arL lo irdkc provision for IhL bLncfil of ihL inhabitants of ilic (ielviii
dislricl and .%urr()uiicliiig urccl ii-fLspcLlivc uf ¢igL, gLiidLr. rL1Le, poliliLal i)piiiii)n 01- I'LI igi()n by bringing ilic
Loiiimiiiiily iogyciliLr iii ai) L'rroi'l lu pr()VlLle cducali()n1c l <ind %OLi¢il acliviliL.%, Ic) as%i.%l aiid cutcr loi- Ilic
¥ldci'ly, li) prLsLrvo iIiL Lnviroiinicnl illlLI hLrililb)L ()I' ilic aril¢ urid lo provide faLililiL% fur rc¢rc£ilii)ncil iiiid
Ici%LII-L aclivilics Ili¢i'L'by impri)viiib) IhL' Liual iiy ol. l i l i Ii)r ill l.
'I'IIc Lt)IIIPLllly ()pcI'dlL% fri)iii ilb OWII Pl'Lmi.SL'% aiid pi-ovidL% (ill nLcL.4S¢ify L(ILIIPIMLiii r()r ils dily i() day
dcli vilics. 'I'IIL gjroui), IhL LoiiiiiiillLc Jiicl iiiL'nibLI's ai'L' al l LIMpI()yLIl i)ii a vi)lunlill'y b<).%is aii(I l iiiid rcliSL% r(11-
il% ()wii bL'iILI Il and al%() f<)i- IIIL bLnLfil ()I' i)ilILr Ii)Liil ciiiol iiali()IlLII Lliai-iliLS.
ALiiviIiL'% I1<iLI I)LL'll SLVLI'LIY cui-l<iilLcl ()r %ii%pciid¢cl dui'iiib) IhL C'ovid-19 PLI-i()cl and IhL' LC)Illlldlly Lilll 11()W
I'L'P(Irl Ili<il <lLiiviIiL'% ai'L lip ciiid I'ui)Ilillb) ¢1&16lili ¢11 lir¢ Li)vid IL vLI%.
%()IiiL' ()(' IIIL %()L iiil <lli(l LduL&ili()nal aLliviliLs uiidLI-iak¥ii clLlI'ill&Y ?02.3 arL li)11()ws:
il} '[ £ill(.% c)11 Iociil hi%l(Iry.
b) 'I'iillcb ()ii ili¥ Iii%l()i-y ill. IIiL. 14 ig I InLl%CS n I. I rLlaiid.
L) 13ig7 %LrcLIi 511()wiiiby.% ol. i)hologi'dpli.% dL'PiLliiig iIiL gii'()IlP'4 IiLliviliL.% %inLC ils i nccpiion.
11 %LlllC)I' iili/.Li)s L()I'fLL nioi'iii n¥%,
1 S. Iiiid rcli%illLJ C(Irrue Iiiornings willi L260() raiscd for Ii)¢al cliai'il ics.
li} A lii'%l oiiidoi)I' car()14crviLC Wcls IILld in l)ccLiiil)¢r 2022 and i)lan% arL WLII udv4iiiccd l()r a I'L'I)L£il in
l)ccLiiib¢r 20? 3,
i ) A %iiiJl I lil)rdl'V l)us bc'Lii SLI ui).
.] ) 'I'wo vlicqiie.% l(Ir L251) L'a¢h l)clVL fLVLlltly bccii pi'e4ciilcd io tlie %cilv(Ilion Army ()llLI si VinLLiiI dL Paul i()
Llliilill boil) d.%si%l IIIL. neLIIy cll)cI VLiliiui'ablc ()I'cr Ihc Q'.Iirislinil5 PLI'iOd.
k) WL liavL (1150 %L'ciirLcI lunding {L751)Q pa) li)I' 10 yL'£lL'% (i-oni I,.vishag(Il'(111 Wiiid l.ai'iii l.td. £15,1100 li¢lS
bcci) rLLCiVL'cI io ilale. 'l-his lunding 1% uiii'i%ti'iLlcd.
l) 'l-hL' conipany is conscious of iliL. difL'ILulliLs IhL Losl ol. living ci'i%is Ll?lliiiiLIL'% l() in(licl 011 hou%chi)Ids,
espcLiLilly IhL Lldci'ly 41ncl IliL I)ULISLboLind anLI aLlivLly liiiidLI'% who Lan dL livLI' projcct% iii %iippi)rl ol.
uyu()Lllch¢ll-ilciblc LaLl%¢.%. In Iiilc 2022 IhL' Lomp(Iny liicidc a %iicLcsiful lunding &ipplication l() Ihe K£ilc lJL)gclll
I'()unLl¢ilii)n, i-L¢civinb> L5000. '1"u ihig ihc coinpany adcled .L121111 (Il. ils owri liiiid4. C'heLILIL.4 loi. L200 eilLII
WLI-L Ilicn i.%%LILd i() lielp 31 h()USLh()Icls Icldci-ly aiid liou%cbouiid} lo a%%i%l wilh Ihe PLII-Lhci%C ol- cilhLI-
ro()d%liil'l % ()i- I'iiil.
Wc al'e soon to LoniincnLC niaking? bi rd ncsling boxcs and this and inlL ny of ihe above delailcd acli vilics will
Lonliiiuc in 2024.
'I-IIL Ll)nipany Lontinucs lo i-cccivc i-ciilal incoiiie Irom Ihc Old School I Iou%e and coiitinues to mcliiilaiii and
C¢1rc lor Ihis Iicritige building.
'I'lic li'usleeb LonliiiiiL lo iiiecl on a regular basis lo en8ui'e tliai Ilic iieLcssary busincss o [' Ilic gr()UP I'CCLIVC.S
allci)lion.

Gelvin Ai'L'a C()miniinit Association Ltd
Ilc
ort of tlic "I'rustccs
for thc Ycai- I"ndLd 31 ALI
)ust 2023
FINANCIAI. Rb.VIF.W
ThL Sidleinciit of i."inanLial Aclivilies oil pages 15 and 16 iiidicalcs ihai Gelviii Arca C;ominuiiily Associ<l1ion
l.td Iicid inLuming rL'%()iirces of L19048 in tli¢ year. L14603 of iiiLumc is Irom flindci's Llnd Ihe balLITICL' IS
rroni rL'iil, dL'po%iI inlLrc%l and a Loffee Inoi'iiiiig, held duriiig) Llic ycar. 'I'licrL al'c two iiiaiii fuiidLI'S
I vishdgY<ifcin Wiiid l iirni l.iinilLd ciiid ('aiisewciy (.'()a%l & (i ILiis 13(,. CoiiiniLinily l)cvLI()i)riiciil.
"I'hc
f, vis11(IgFdl'iin Wind F.'arm funds dl'L unresli'icted and ilie eliarily ha% seLui'Ld fiii)Lli ng for leii ycai'.% al L7501) p)cr
yL'cir - Ll 5000 lias bccii rccLivcd lo datc 'l'hL C.'dUSLway (:O<i%l & (ilLlI.4 fLiiidin&F 1,% rL%li-iLILd. All of Ilic
rL.%ii-icILd ni()iiLy rLLLivcd iii Il)e yL'ai' lias buLn .%p¢nl iii ihc yC<ir. Thc Llicirily (1150 rckn¢ivLd L5000 fr()In Ilic
KillL Idcig?£ili I. (IUllLlation l() hLlp with c().ql of liviiig 1% iii iIiL Loiiiniiinily - Ih 1,% wa% (Il%u all .4pciil iii Ihl yLcir
tlii-oug)h doiialiiig) lu 31 famil ILS iii iiLLd.
'I'hL Lli<irily m'iclL donalions ol. L2XO() in Il)c yLui' l() MaLMill<lll <iiicI C'liildi-Lii% (JcIIILLr Piind Ir()iii m()niL
raisLd froin d oorrcc nioriiiiig.
Al .31 Augiisl 202.3 ilic cliarily liclcl £58 35() of unr¢slrict¢d rc%¢rvcs and £31488 of re811'icted i'eserve%.
S'I'IIUC:'I'UIID:, l¥l)VTr:RNANCTr' AND MANA(:b.MTr:Nl'
(Il)vLrnunLL' arrank)L'lliL'nts
"I'IIL Llidl'ily 1% coiilrollLd by ils govcriiing dociiinLnl, a dccd of irusl, (ind Li)ii.%lilulLs a liii)ilLd L(IlY)P¢ll)y,
liiiiitLd by gudranlce, as dL finL'IJ by Ihc L'()Inpanic% Act 2006.
(iclvi n Al'c1< L'i)niiiiuiiity As.4OCi¢il i()ii l.iinilL(l 1% Lurrciiily gi)iicniLd by 1( Iloaril o r livc Iru%lcL.4.
'IIL I)L)Lll'cI L¢lll L()-()iit iicw ti-u.%lLL% iiiicl wliLlI fLllllI i-Ld. 'I'lii Lliarily'4 Lli¢iir 1% ¢lLLl¥d fi'oiii Ilic IiiLlI'ibLI'% ()ii
jLIILI-iil ML¢liiig.
RL'Lruitn)enl and appi)inlmLnl ()I' nL'lV I ruslLL¥
'I'IIL'rL arL ¢Lirr¢iiily I Ivc iiiciiil)ci'% Dii ilic MaiiagLincni CoinniittLc. 'l-hcre lids bLen ()nL nL'w cll)P()i iilniL'nl ()ii
28 N()vcml?cr 2112.3 aiid n() rc%igFnal ioiis.
Induction and Iraininij ol. new truslLCS
NLW dirL'LI()r% arc briLlicl un IhLlI' IL'gal obli&Jatioiis uiidLr cliai'ily tiiid c()Inpany law, tIIc Ll)nlciil of IliL
Arli¢lctry of AssoLi<ilion, Ili¢ cuinmiltcc and dc¢i%ion Illcikiiig pi'ocL'58, ancl rcLLni financial pcrforinancc ol, IliL
chai-ily.
RL,IAtI'd pa rlics
N'I)IlL' (Il. IIIL mcinbLrs I'c¢¢ivc r¥iiiLincraliDn (Ir ()tli¢i' bLncl'il.4 11.oiii IhL'ir wc)I'k wilh ihL uhdrily.
Any
c()nnLLlioii bLIwL'cn a IllL'ITibLI' ul. thL' Lliai'ily willi a L()ntl'iiLIL.d .SLlPI)liL'I' Iiiii%l bL dibLI(18L'd io tIiL lull
M1¥ nc1gL'iiicnl (.".()Inniillcc in ilic sanic W<iy any Lonli'aclual rclcilioii%hip wilh (I rL'lcilLd paily. In the LLiri'cnl
yLc11- 110 .4uLh I'LlatLd pai'ly ti-an%aLli(>ns wui-L I'CP()I-ILd.
Risk managcment
-I'lIL Ii'u%lcL.% l)¢lVL d dilly lo idciilify cind rcvicw Ilic ri4ks lo wliich ihc cli¢11-Ity 14 cxposcd and i() Cll%LII-C
iPIII'OPl-i¢il¥ L()nli'()1s ¢ll'C i li placc l()1)5'(IvidL fc¢i%on¢ihl c a%%LII-c11l¢¢ iig¢iin.%l li-aLic4 and Lri'ur.
4i'l'A'l'b:MTr:N'l' OTr I"IIU4i"I'Tr'Tr:.&i' R Tr:SPOIN%IIIII,I'I"Ib;4i
'I'lic li'u.4lce% {who ai'c also tlie dirccturs of Ciclvin ArL'a C ominuniiy ASSOLialioii l.ld loi- IhL PUI'PO%C% ol-
L(>inpany law) IirL I'csponsible Ioi. pi'L'pai'ing Ilie Report ol. the 'l'ruslccs and thc linancial Slalcmcnts in
uccoi'dancc willi appl icablc 111W and Uiiilcd Kiiigdom Accounling %landai'd% (Uiiited Kingd(iiii (ienLrally
ALLIPILd ALVOLiii1121g PiaLlicc}.

Gclvin Area Communit Agsociation l.td
IlL'
orl of LhL 'I'ruslLCS
ror the YLar I,.Iiclc(13 l Au
ust 2023
S'l'A'I"Tr',MTr,N'l" Ob" 'I'IIL S"I'Tr"Tr:S' Ilb:Sl)()NSIBI I.I'I'I Tr",S - c(piitillUL'd
L". omi)any law rL'LILiifL's IIIL Ii-u.%lLe% t() prcpare fiiiaiicicil %lalcinci)1s l or caLlI fiiiLiiILial yiar whiLII g) I VL a Ii-LlC
cll)d fciir viLw ul. IliL' %l¢ilc of drraii-s of Ilie c111c I'ilal)Ic Lomiiany aiid of IliL Iiicui11iiig rLsoiirLc% an(1 c?iipI ILali oli
ol" I'LsourLLs, inL ludiiig) Iho iiiLoinL (Iiid LxpLiidi liii-L, of iliL Lliarilablc Lolllpdiiy for Ilial pci'iod. Iii pi'Lparing
Ihosc fiiiaiiLicil slal¢menls, tlIL IruslLc5 drL' rcquired lo
%L.IL¢l SLiil<iblc clCC()Iinling p()licics and Ilieji apply IhL'm con.4islcntly;
ob%LrvL' Ili¢ iiiciliod.% Jiid priiiLipIL% il) IhL' (.'hariiy SOIIP.
mcil(L jLidgYLillLllt% anLI L4lim<ilc% Ih1c l ill-L l-C1c 5onablL cind pi'iiclcnl,.
Pl'L'I)arL IIIL, finaIiLi(Il .%LaiLni¢nls L)ii IIIL. gjoiiigi LOIILLI-ii basis uiilcss il is iiiappr()pi'iale lo pi-C%illllL Ihal ihL
cli&ll'ilablL' Loinpaiiy will Loiiliniic in busiiics%.
'I'lIL' Ii'u%lcc.% iirc rL4ponsiblL lui. kccpiiig pi'opci. aLLouiiling rcLoi'd% wliiLli disL2o%e wilh rca%i)Il<ihlL qc CLUI'clLy
'Il Illly liiiiL IIIL fiii<iiiLial pi)%ili()ii i)I" IhL Llicll-iliiblL LI)IIIPciliy aiicl li) LiiablL IlILin li) Lll.%UI-L Ili¢il Ihc liiiilllLliil
%l&ltLIIILiIIs Liiinply willi IIiL (.'()IllPi)IiiL% ALI 21)IICI. 'I'lILy ai-l
'Il%() r¢spi)1i4iblL. fi)I' %ii fLb>Llcir(li lig IIiL' £l%%LI.% nr
IIIL Lhcll-i liible Li)IllPLiliy aiid hcii¢L l i)I' iakiiig I'CclS()lliiblL %ILp.% l ()r IhL prev¥iilioii aiid dclcLlioii ()l- l i-<'lLid aiid
(IilILr ii'i-cgLilai-iliLs.
Ai)pr()vLcl by ()rLILr ()[' Ihc board of Irii%lcLS 011 13 1)Lceiiibei' 202.3 cll)(l %ignLd oli il% bLliJ Ir by..
J¥ h6105
Iligyh l.,LigeiiL McCloskLy - 'I'ruslec
P<igc 4

Indcp.cndcnt L-'xaminer's Ilc
ort to tlic 'l'ru8lccs or
CJclvin Ai-ca C'ommunii Association L.td
I rcp(ii-l on the accouiils of ilic L()mpLlI)y for Ilib yLiir eiidLd 31 AugYLisI 2023, whiLli arL scl oui on i)abiLs six lo
foiirtccn.
IIL'spL'Ltive rosponsibilitie3i ol. charity trustees and examinLr
As IliL Lliarity's IruslcLS (and also IIIL dircLLor.£ r()r Ilie purpo%cs of L()Inpany law) you ai-l rL%poii%il)IL fi)r ihe
pi-ci)aJ-aLioii ol- IhL accounts in aLLordance wilh (he reciiiireincnis ol. Ilie ("oinpanieq ALI 2006.
IclVIIIL) %atislicd mysLif Ihal thL' Lhdrity is nol subjocl to audit iindLr Lompdny Iclw aiid i¥ Llig)il)Ic r()r
indLpciidciil cxainiiiali ()n, il is my rL'4puiisibil ily Ic)..
L'XcllniliL IIIL. iic¢ounls iiiidLr 8cLliun 6.5 o r tl)L (". hcirilic% Act
rL>llI)w IhL i)rciLLclurL% liiid down in iIIL L?LIlLI-(Il l)ii'ccli()ns LliVClI by Ihc ('Iiarily Loiiinii5%ion fui.
N, ()riliL'I'lI IrL.laiid iliiLILr %LLli()n ()5(9}(b) u r ihL ('liill-il IL'.% ALt
-4tcilc whLIIILI' parliLulai' niallL'rs IiilVL Loini Io Illy cill¢iiliuii.
Ila%i¥ ()I' tlic indepLndonl LixuminL*r's rcporl
I liclvc exarniiiL'd y()Lll' Lharity aLLuunl% rcciiiircLI iiiidLr Scclion C)5 of ihc ("li¢ll'iliL.% ALt aiid niy LxtitTII Ilcili()11
L(Ii'ricd oul iii ¢lCCOI'di)IILL willi Ihc &)Lncr<il Dii'iLlion% gJivLn by ihL. C"licll'ily Q'.oniini%%ion r()r NiiriliL'I'n
II'LILind LiiidLI' %L'LI i()11 C)5(L))(b} (Il. IhL ('IiariliL% ALI. 'I'lIL Lxamiij￿]II017 IllLILidLd Li fLviLW ()r thL aLLOUlIti lig
I'ec(IrLl% l<LI)I by Ilic Lliai'ily (incl c) L()Illp¢ll'l%Oli ()r iliL (ICCI)uiil% i)rc%¢iilL'cl willi Ih(isc I'ecoi'ds. li i IicluLILd
L()1isidcrdlioii ol. ariy Uiilisual iloni% oi. (lisLlo%iii'cs iii IIIL acci)uiil%, and %¢¢l<ing Lxplanalii)n% fi-oin you cl
Llicll'ily li'uslLLS COIILCI'ning .Iny SULII In¢illoi'%.
My rolL ib l() 4liilc whciliLI- any malci'icil Illlltlcrs h<lVL C()iiIL lo niy ciltLiilion giviiig Iiic C¢iiise lo bcl i¢vc'.
-l-Ii<il LICCOLiiiliiig i'LLOI'ils wcrL 11()I kopl iii ac¢()I'di11)cc wiilI %Lclioii .38() o [' Ilie ('. ()IllPiiliiCS ALI 2011(1
'I'li:Il Il)L' <)LLI)Ullls cl() iiol <)LL()I'd willi Ili()%L aLL(ILlllliiibJ rL'CI)I'd%
'l-Iiiil IIIL <lL¢()I11114 d(} ii()l i()1111)ly willi ili¢ ¢lLCOLlI)li ngF I'LLILIiI'L'iiILnl.4 1)I' .%LLI ioii .3C}(I i)r iliL L'()iiipaii ic
ALI 21111(i ¥iiid willi il)L' IllL'ili()Ili and i)I'i l)L il)ILS 1)I" IhL Q'li<iril iL.s ,%i<ilLIIILiII (Il. IILL()iiiiiILiidLd l)r4iLI ILL
IpplicablL" t() LliariliLs prLpariii&J Il1¢1I' (ICLoiinl.4 in UL¢()I'daiiLc willi Il)c l. indiiLicil IILpurlin& %ldiiilard
11)i)IILal)IL' iii iliL' IJK dnd RLI)ubliL of Irel<ind
'I'li¢il ilici-L is fui'tlici- iii foriiiLiliciii nLL'dLd lor £1 Pl-()pLr uJ)dLI'Nttiiicliiig {){' tIIL klLC()uiils l() bL I'¢LILlILcl.
I ndLPL'ndLinl L'Xlll))iniir'i 4t&ltLimLinl
I liavL L()iiipIL'ILd Iiiy CXalllill4Jli(111 Lincl l)avc iii) Li)i)cLI'n.4 in rc%pL'cl ol. IIIL m¢illLrs (1) 10 (41 l i%licl ¢ibuvL dlld.
in LuiiiiLLtioii willi r()11()wing) LIIL. Dii'LLti()n4 ol. lh¢ LhariLy Comiiii %sion for Norihci'n li-Llcind, I huvL l()uiid li()
iiiallcrs ih(Il rLLiuifL di'<iwillgF lo your allLnlion.
AT
¢MAIITeUO
Ni¢111 MLAIcci'
13 DEC Z023
%haun MLAICLI. & ('0. i.ld
5 Noi-lliland Iload, l)Li-ry
13'1'4X 711X
ACCOUIITAiir•
13 Dccciiibcr 2023
P¢igc 5

Gelilin Area Communit Aqsociatioii I.td
Siatciiient ()1" I. inancial Aclivitics
for ihc Ycar L ndLd 31 Au
ust 2023
-31.8.23
I'otal
31.8.22
()t(Il
fund.4
UnrLslriclLcl Ilc%lrictcd
Noles
IN(:OMTr: b'ROM
(iraiils
7,740
14,()0.3
12 LJ23
Oiher Ir¢idiiig (Iclivilics
IIivLslmcnl iiiconie
2,626
1,819
2,626
1,%19
2,02.3
1 ()2{1
12,185
6,8C).3
19,048
1 (),8()C)
:Xl)b.NDI'I'UII>' ON
('h#i'iliil)Ic aL'liviliL'I
duiialion
2,XO(i
2,80(1
2,281
()Ilicr
3,40()
8.-180
11,7X()
5,(IC)4
6,212
,.3¥0
14,5C)2
NTr"I' INC:()IMP,I{Tr'XPTr'NDI'I'URb:)
5,973
(1,517)
4,45(
Ilb:I:()NCII,IA'I'IC)N ()b F UNII)s
'I'(Ilal l LinL15 bi-(ILigtrlil l()l-Wc1rd
85,3XX
7(1,4()7
'I'O'l'AI. b'U.NDS C.'AIIRIP;I) Tr'()IIWAIID
58,356
31,488
81),844
I15,-388
Thc iiolcs fi)riii Pciil ol" IhL'.%L' finanLldl sldlciT)Lnt%
Pagc 6

Gelvin Arca Communilv Association I.td
E3alaiicc Slicct
u.%I 2023
31 All￿_
-31.8.2.3
'1 ()tal
rLiiid%
UnrLslrictcd IILStI'iLILd
fuiid
ruiid4
ruiid%
FIXb,D A6iSTr:TS
30,400
.30,400
CUIIR Tr:NT AS.SF'r
("cis1i cil banlc cind in h<ll)d
58,355
59,9C)ll
l."Ilb-DITQII.S
Ainciui)Ls Iiil liiig) duc. within onc ycar
(517)
(516)
(427)
Nb:'I" CUIIRTr;NT' ASSb'"I'S
58,35()
5(),444
'I'Q'I A I, I,;"I'(i l.b'.%S CUIIIII44LNT'
I.IAIIII,I"I'ITr'
58,356
31,48
8L),X44
X5,.3XX
-5X,-35()
8Y,844
lJiii'L.%li-iLlcd l iinds
IILblriLILd l und.%
5X,.35()
31,4t4%
3.3,01)5
'I'O'I'AI, Tr'u￿,1)4
IC),844
85,.3X8
'I'lic Lli&irildblL c()Inpany 1,8 ¢iitiili:d iu exLinpiioii froni audil undcr %cclioii 477 01. Ihc Coinpanic% ALI 200(?
or IIiL yLar LiidLd 31 Augusl 2023.
'I'l)L mLmbLrs Ii£lVC not r¢qiiircd ilio coiiipany lo c)blaiii (in aLidil o r il.% l inanLiuI %lalcmLnt% foi- IIIL yLdl' Lndcd
-1 l Au8ust 20? 3 in aL¢oi'dance with .4cc¢ioii 476 0 r tliL (.'oinp41n ics Act ?OIIC?.
-I"lie Ii'Li%lec% iiclcnowlc(Igc tlicii. i-c8poii%ibi l iliLq loi.
Ln%iii'iiig ilicil IliL chai-iliibl¢ coinpaiiy kcLps accouiiling i'CLOI-ds Ihal coniply wilh .%cctions 38() aiid 387
of IhL L'unip<llllLS A¢l 2006 liiid
Ib) prL'pili'ilibY I Indtlclcil Sl<ilLmcnls which givc a IruL and fail. view of IhL %lalc ol. a flair.s of ihL chcll-ilill)Ic
COIIIP<iny as (Il Ilic Lnd ol. Lach linanLlcil ycai- &illL101- ils %LlI-plus or dcfiLil foi. caLh fiiianLial yc(li- ill
aLL(11-d<lliLC willi IliL i-equii'LIiiL'nl% ()I' %cLlion5 .394 cind 395 and whiLI) oilici'wi%c Loinply willi ihc
i-cciuii-ciiiciils (If ihc Comp<inic% Acl 2006 I'eldling to finLinLial .%lalcincnls, so 1411. as appliLablc lo Ilic
Lliai-ilablc eonipaiiy.
The iiolc% r()nn part o r ihL,%L fincillcicil stalciT)cnl4
l)age 7
coiilinued...

Gclvin Arca Commuiiit Association L.Id
Balance %liect - continuLd
31Au
>u.%t 2023
'I'li¢sc linancial 5lalemcnls l)avc bcen preparcd in accordaiice willi ihe PTovisions applicablc to Lliai'ilalilc
compaiiics subj ect to tlic sinall coinp<2nics rcgime.
'I'lie financia5 %lalL'nienls w¢r¢ approvcd by IhL Eloard or -rriislees and cliiihoriscd for i%%uc oil
13 1)LLLinbLr 2023 and wLrc Sigyncd oli ils bL'hdif by.,
'I"rLi%IcL
Th¢ notes fonn part ofthc8c financicil slatemcnls
<igL 8

Gelviii Area CommLinit Associalion l.ld
Notc.s to tlic I Ill£incial %tatLniLnt
lot- IhL Yciir I',iidcd 31 Ali
)Ii%I 2023
A(.'C.()UN'I'IN(: P()I,ICITr',s
Biisis (Il. prL'parinLw the finanLial statements
'I'lic fiiiancial slalLnici)t.s of IhL' Lharilci1)IL' L()Ini)L111y, wliiLh is a public l)LiILfil cnlily undLr I". RS l 02.
hic vc bLClI pi-Liiarcd iii aLLorLIKIIILL with iliL (."IILiriliLS %()111) (i.'iis i o?
) 'ALcoLinliiiL) aiid Ilei)i)i-liiig l)y
(.'liai-iliL.4'. %'lalLlnL'nl ()r RLL()iiiinLiidLd l i'actlLL Lippl iLablc lo Lhai'ilic.s pi'cpai'ing IIIcii- LILL()LiiII% iii
iILL()I'LliJnLe willi Ili¢ l. iii(iiiLial Ilci)()i-liiig %i¢indai'd (Ippl Il￿1b]L iii ihL IJIC aiid IILpul)l ic i)r li'cl411id (l.'Il.%
102) (ol"fLoIivL l J¢illu¢iry 201 ())', I,'inkincidl Rcpurlingi %taiidard 1112 '1'hc I, Illcincial Reporling .%lcindai'd
pi)Iiciible iii il)L IJK illlLI IIL'piibliL of irL.land' aiid ihc Conipanies Aci 200(). 'I'lie finaiiLial %l¢ilcinc'nls
liave bccii preparL'd under the Iiislorical cosl coiivcnlioii.
Income
All iiiLomc is rccogiiiscd iii tlic .%talcmciil ol, I, inanciLII Acliviiie8 onLL' Ilic Lliarily hcls L'nliilLmLiII II)
Ilic fund%, il is pi'ol)Ic blL that Ihc iiicoiiic wil I bc I'LL¢ivcd (Iiid ilic ainounl LLin bL ITIL'1c sured I'LI iLihly.
b'xpLndilurL'
l.iabi l ill L% arL' rccogn i.sed £lS Lxpciidi Iui'L
.%ll()11 (IS ilicrc )% 1¢ ILg¢il i)r Loii%lrLiclivL nhlib>alii)ii
rLCliliI'Ld iri SLiilcinLiII ailLI IliL ainoLiiiI ol. IliL Iibliscili()11 Ldli bc IiicJ.4LlI'Ld I'L.Iiiibly. l-.xpLiidiliirL is
&ILLI)IiiIILd l()r on (Ill LILLI'Ll&ils ba%1% and lid% bLLii Llci.%%ili¢d unclL'r IiL'KILliiigJs 11)&il cigg)I'Lbulc (Ill Li)%1
I'Llc1lcd lo Ilie Lalcgory. WIILI'L cosls Lillllll)I bL clii'cLily aiiribulLd to Pill'lioLil<ir hLadir)b).% IhLy h£lVL
bL¢ii alli)L¢1tcd io aclivilics oli d b¢iSi% cun4is1¢iil willi IIIL USL l)r i-L%OLircLs.
(if¢iiil% offcrccl 4LihjcLI l() c()ndili()ns whicli Ii¥iVL iioi beL'n InLI al ihL yLdi' Lnd dcilL arL' ii(IlLd a
L()IiiinilinL'I)I bul iiolL 1 LLriiL.d a% L'XPLtiditurc.
8n%ihlL' IIxLd N%sL'Is
I)cpi-CLi(Iliun 1,% i?r(JvidLd ut ilJL' followiiig UllllLl<)I ralL'S in oi-clcr l() wi-ilc ()I"r L'ilLli ()VLI' ils
I. I-LLlii)Icl Iir()l)Lrly
2 /u 011 Lo%1
15 /{) ()ii i-LdLILiligi biilancc
'I'axalion
'I'hc chdrily IS cxLiiipi fi'om Loi'poi'alioii l(Ix un il% LhiirilJblL aLliviliL'%,
und iiiii)unl'ing
lJiii'L'%li'iLIcLI liiiids Lai) bL' u%Ld in aLLoi'daiiLL' wilh iliL cliarilablc ohjcclivc4 dl th¢ di.SLI'Llii)ii ul. IliL
Ii'Li%ILLS.
Ilestriclcd fiincls can only bL u%cd for piiiliciilcir i-csli'iLILd i)ui'posL's wiiliiri iIiL objLLtb ol. ilic Lhai-ily.
Ilc%lL'iLlions ari%c when spcLilied by Ilie doiior oi. whL'n flind.% al-e i'cii4cd for pai-licLil£ir rc%li'i¢lecl
purp(ISL'S.
I'ui'lhei- explcinalion ol. Ihc nciliii'e <ind PLlI-Pl)%c (if C6iclI funcl is inclLicl¢d in IhL nolc8 lo Ihc IinanLi¢il
lalcincnls.
oiilinuLd...

Gelvin Arca Coinmuiiil AsSOCidtioii I,td
Not¢s to thc E inanLial Sialcincnls - coiiliniicd
lor the Year Lndcd 31 Au
ust 2023
OTIITr;R I'RADINC. AC'fivii'IF.S
31.8.22
El()()11 salc
"I"al)Ib qLII/.
('ol'lLL 111()I'iiiiig
20
242
1,7ti I
2,(7UC)
2.()?()
,[12.3
IYVb.S'l'Mb.Nl' INCOMTr,
.11.è4.22
RLiil% rLcLivLd
l)¢posil acc()Linl inlLrcst
1,5C)O
259
1.920
ri14.l' IN(:1) M b:/(Tr'XI)Tr: N I)I'l'U Illl )
N'L't iiiLoniLI{LxpLiidilurL) IN .4iJlcd iillLI' LIILirg)jiig)/(LrLdilii)gJ)'.
I)¥pi'c¢itilion ()WllLd <1ssLI
I,Q57
1.091
'I'IIU%'l'b'Tr'%' Ilb'MUNb:IIA'I'II)N AND Bb:NTr',l."I'l'
'I'hcrc w¢r¢ li() Ii'u4lL'cs' rL'niLllILI'alion or uilicr bL'iiLfil4 lor iIiL yLur cndL'd 31 Au&Jusl ?023 iior for IIiL
yL'&if LiicILd 31 Aiigii%l 20?2.
'I'ruslL'LS' cxpcnsc's
I'hLrL wci-c iio truslces, L'XPL'llSLS paid for Ihe ycar cndcd 31 Au&7usI 20?3 nor l()i- IIIL yLar eiidL'cl
31 AubrLi%I 2022.
)¢igc l O
coiitinucd...

Gelvin Arca Cominlinit A%sociatii)ii i.ld
NolL's to tlic I, iiiaiicidl £tatLinL'iils - continued
li)i- thL YLai' Lndcd 31 Au
iu%I 2023
COMPARA'fivTr's b'OR 'I'IID: STATTr=￿1F.N.r OF FIINAN(;IAI. ACI'IVITII
iircslricted IILslriLILcl
Iuiid
ruiids
'I"olal
liind%
INC.'OMF. F'IIOM
(il'anls
7,6()5
5,258
Oilicr li-dding aclivilies
InvcsliiiL'nl inconie
2.1)2.3
2,02.3
'rolal
I I,()011
1 (),8()Ci
:XPTr:NI)I'I'UIITr' ON
Charilable aLliviliL'
Lli)ndtioiis
2,281
2,281
840
4,824
.5,()()4
I'otal
3,121
4,824
,NTr:'I' INC()MTr:
8,487
4.34
8,921
IID:I:()NCII,IA'I'I()N l)F b'UYI)S
'I'()l¢il l uiid% bi'()Ll&)Iil I i)I'Wiil'd
43,￿()()
76,4C)7
I'() l-Al. b'llNI)S C.'AIIRIfr:D
I,'()KWARD
52,-383
3.1,OU5
Pagc 11
LoiilinuLd.

Gclvin Arca Communit Associalion L.Id
Notcs to the I,"inanLial Statemcnls - coiitinucd
foi. thu Ycai" I,.ndcd 31 Au
Iisl 2023
"I'A.NI:IBI,14. IXF,D AS.(iTr-.I'.
I'ixlui'cs
dnd
ritling.
I, I'cehold
PI"OPLI1y
AI I Scpicinber 2022 and
31 Augus12023
8,9.32
52,019
DF.I)IITr.CIA'I'I()N
Ai I ScplL'inbei- 2022
12,930
IIC)2
7,()32
195
1,057
Al.I l AiiLvu4120?.3
13,7C)2
7,827
21,(Il l)
NF.T BOI)K VAI.UTr:
AI.31 ALigu412(123
21),2C)5
.1(1,4011
AI 31 Aug)Iis12022
I,iiio
-31,457
('_ li￿:1)￿.1,()1t5. AM()UN'I'4i I,'Al.I,IN(: l)lJb: WI'I'IIIN ()Nb' Yb:All
-31.8.22
ALLfu¥11s aiid dcfci'rLd iiiLoine
51()
4?7
M()VTr'MTr:N'I' IN I,-UNI)4i
NLI
IMc)vLmLnl
in fund,
Ai 1.9.22
-31.8.2.3
ljn rL's11'ii IL'd l u nds
(ILIILI'al l uiiil
52.383
5,()73
5¥,.356
IIL's1 riL(L'd funds
IIL'.slriclcd P uiid
11,517)
.31.48
'1 O'I'AI, FUNI)S
85,388
4,456
89,844
PdgJL 12
conliiiiicd.,.

Gclviii Arca com1nL￿111it Association l_td
Nolc's t() thc I,"inancial %laLethcnl8 Colltinucd
or ihc Yeai. Liidccl 31 Au
u%t 2023
MOVTr-MTr:INT IN Tr IJNDS- coiitinued
Net InovL'm¢iil in funds, includcd in ilic abovc arc as follow%'.
InL'oming
rL'soui'Lcs
IL4OLifLLS
LXPLndLd
MovLITIL'nl
iii luiid.%
UnrL'strieted I'unds
(iL'IILi'¢l I fund
12,185
((1,212)
IIL'%lriitL'd I'unds
6,X6.3
18,IXOI
11,517}
'I'O"I'AI, b'urs'i),I
19,1)48
(14,5()2)
4,45()
Compar#(ivL$ I'or movcmL'nl in funds
NLI
iY)()vL mL'nl
At 1.9.21
-31.8.22
UnrL'sl I'iL'lod funds
(JLiILf(Il Iiiiid
4.1.8()()
8,4X7
Il¢slriLIL'd funds
IL%lriLILd I, urid
-32.571
434
3.3,(1115
'I'()'I'AI, 14 UND()
76,467
8,()21
85.-3Y8
C UillPcll"4ili v¢ nL I IiiUVLLllviII in fuiidb, iii¥lud¥d iii IIIL dbvvL ¥ifL d5 Ivlluws..
InLoiniiiL
rc%oui-ccs
RL%(IiifLCS Nl()vLmLiII
cxpcndcd
in flind.%
L, nresl i'iLI ed f'unds
(JLlILI'al l uiiil
11,60
13.121)
8,487
Restrilted I'und
Ilc.slriLlcd l.uiid
5,258
14.824)
'I'C)'I'AI. Tr UNI)S
16.861)
(7.C)45 }
P(Igc 13
conlinuLd...

Gelvin Arca Communit Associatioii Ltd
NolLS l() IhL I, indnLial Statcnients - conlinlicd
loi- thc YLdl- I,ndcd 31 Au
Llst 2023
MOVTr.Mb,IYI" IIY Tr'li.NDS - contijiued
A curi-Lnt yLar 12 Inoiiths and prior ycar 12 Inonilis coml)incd positioii i.4 a% fol lows:
NL't
movcmcnl
iii I:Lind.
Ai 1.9,21
Unreslrictcd funds
CiCIILral fund
43,896
14,460
IIc5lrii IL'd funds
IILs11-iLlcd E, uiid
.32,571
I I,()8.3}
'()'I'AI, II'UN I)
7(1.4(17
1.3.-377
è4(),X44
A CLlI'fLni yL'cir l ? iii()iiih% aiid pi'ii)r ycar 12 IiiL)nili% coinbiiiccl nLI iiic)vcimciil in fLiiid%, IllLILILIILI iii IhL
ibuvL ai'L' (14 fol lowb..
Incoiiiiiig
rLsuurLLS
IILsoufLLS M(>vL'inc'iil
L'Xl?L'ndL'd
iii fuiid
IlnrL'Stt'iLIL,d funds
(icnir411 l uiid
(9,-1331
14,460
IIL'striLtL'd fundy
I£L%lriLILd I. uiid
12,121
{1.3.21)4}
(1,118.3)
'I'O"I'AI, bUND4i
.35 ()14
(?2,5.37)
iiTr;I,A'I.￿:1) I'AR'I'Y I)1,SC."I,OSUKTr:S
'I"hcrc wLrL' i)() rLlatLd parly Iransac(i()n% Inr IhL yLar Lndcd .1 I ALlb?Li%l 20?.3.
])agc 14

Gclvin Arca Cominuiiit AssoLialion I.td
l)elailed Statcinent of F iniilltiidl Aclivitics
lor ihL Ycdi. I:.nded .31 .4u
USI 2023
-31.8.22
Uiircstriclcd
Icstrictcd
lunds
"I"()tdl
INC;()Mb:
Cyrants
,£LII)sLripiiun
L'.<lU%L W(iy ('O¢l.¥l & (i Icns Iloroug?l]
Cuiiiiiiliiiily l)L'vLI(IpiiiLnl
240
240
1()5
1,()5_3
7,500
7,500
7,-5011
447
C.'LILIS¥W¢ly ('. (Iii%l & G ILI)5 I3(.. l.illL'r PiLk
WL%ILI-11 I-IL'alili & %oLial Cai-L 'l'i'u%l
windi)w
KalL l.¢lg7an l-.ouiidiiliLin
C.'<lUSCWl1 y Coa.51 & Ci ILns 13(- Coinm uiiily
l)¥vcl()pniciil (.'IL rol Sei'v ice
1,8()O
5,000
5.000
210
210
7,740
14,(103
12 ()23
()thL'r IrddinLJ dLtiviliL
14(1()k %c11c
'141blc ciui/.
i()
21)
24?
1.781
? ()0()
2,C)l)()
?.626
2,62()
2,(1?.I
Invcb%lmLinl inLI>IIIL'
1,5()()
25()
,5()11
?5<)
l)Lp()%il aLCI)uiil inlLrLsl
1,819
i)lal inL'oming rL'SOU fLCS
12,185
6,8(73
I l),{)4X
16,8fy(1
Tr'xi>b' Ni)['i'[iiiTr.
C'harilablL aLlivities
?,80()
2,80(1
()thLr
11.%LII'¢inLe
I,ighi aiid IIcilt
Cdl-i'icd Lorw ard
193
158
351
579
472
1,051
77?
630
1,402
740
C)2X
1.3614
Thi.% Piigc docs not t'orn] pdi't of the sl<iliilory fiii¢inLial stalL'mLnls
l)dgL 15

GL'lvin Arca CommLlllit Associatii)n l.td
l)ctailcd 8iatClT)eiil of I, inancial AcliviliL
t()r thL' YLai- L ndcd 31 Au
Lisl 2023
Unrc%triolLd IILstrictcd
fuiids
"l-()t<il
-1.olal
ruiids
()thcr
131'()iiLilii forward
P()%l<lg?L (Iiid sl(ilioncry
iiiidric%
Accouiilancy Eces
Ilalc4 ¢iiid water
IILpair
V()1 LiiilcLr% - l.illci'
L'osl (Il. l.iVillL Pkiyinenls
( Jrol %crviLL
('Iii'i%liiiclS bJf¢iluilics
I, lin l.)'iy
l)cprLLialion ()1" Icingiblc fixcd cl%%Lt%
3aiil< leL'%
351
27
IC)2
(2()8)
25
.150
1,051
81
1,402
11)8
192
8.3
?()()
427
905
76
101
-350
411
I,(100
.5,()1)(I
2111
(1.000
21 ()
1,200
520
1,057
.3
.521)
1,091
-ic)
8,3XO
11.7X()
.5,01)4
'I'oliil rcsoLirL¥s L'xpLndc'd
6,212
8,3XO
14,592
.NL'I inL<)niL
5,97.3
4,45()
8,921
Thi% Pcigc doc4 nol loi-ln Parl uf ihL' slatiilory fiiiaiiLicil slalcimc'nl
l)agc 16