Company Registration No N1046314 Charity Registration No N IC 104601 Cloona Child Contact Centre Limited (A Company Limited by Guarantce) Trustees, Report and Unaudited Financial Statements Year Ended 31" March 2025 CLOONA CHILD CONTACT CENTRE LIMITED Contents Page Company Inforniation Report of the Trustees 2to4 Report of the tndependent Examiner Statement of Financial Atlairs Balance Sheet Cash Flow Statement Notes Forniing Part of the Financial Statements 9t0 13 Schedule 1 14 CLOONA CHILD CONTACT CENTRE LIMITED Page 1 Company Information Directors Tbe directors of the ¢harilable ¢ompany ("the Charity") are its trustees for the purpose of charity law and throughout this report are collectively referred to a5 the directors. The directors serving during the year were as follows.. Roisin McKenna Brenda Tighe Denis Cavanagh Lindsay Kerr Megan Mccann Chair Registered offlce and operatlng address 124 Stewdrtstown Road, Belfast B Tl19JQ A¢¢ount&nt5 C D Diamond & Co, 46 Hill Sireel, Belfast BTI 2LB Bankers AIB Bank UK Limited, 35 University Road, Belfast, BT7 IND Solieitors Maddell & Finucane. 88, Castle Street, Belfast BTI IHE Company Reglstratlon No N1046314 Charity Registration No NIC 104601 CLOONA CHILD CONTACT CENTRE LIMITED Page 2 Report of the Trustees for the Year Ended 31" March 2025 The directors present their report and the f￿￿ncIal statements for the year ended 31" March 2025. The inforniation with respect to directors and advisors is set out on page I fomis part of this report. They have adopted the provisions ot the Statement of Recommended Practice (SORP) "Accounting and R￿orting by Charities (FRS 102) in preparing tb¢ rcport and financial statements of the charity. Trustees of the Charity The directors of the charitable company are trustees for the purposes of charity law. The ternis "director" and Trustee" are used int¢rchang¢ably throughout the financial statements. The trustees who served the year are set out on page l. STRUCTURE GOVERNANCE AND MANAGEMEIYT Governing Document Cloona Child Contact Centre Ltd is a company limited by guarantee and does not have a shar¢ capital. It governed by its Memorandum and Articlcs of Association. It is registered as a charity Wlth H M Revenue & Customs. The manager of the company carries out the day-to-day management of the company and is delegated authority for operational matters including finance and staffing. The directors manage all other business decisions and meet on a monthly basis. Aetivities The company is a charity existing to create a safe supportive environment where separated OT separating families can meet to maintain contact, discuss their difficulties and sustain family relationships Results The net incoming resources for the year amounted to £1,222 all of which are attributed to general reserves. which now stand at £17,124. CLOONA CHILD CONTACT CENTRE LIMITED Page 3 Risk review The directors have conducted its own review of the major risks to which the charity is exposed and systems have been established to mitigate those risks. Significant external risks to funding have led to the development of a strategic plan, which will allow for the diversification of funding and activities. Internal risks are minimised by the implementalion of procedures foT authorisation of all transactions and projects and to ensure consistent quality of delivery for all operational aspects of the charitable company. These procedures are periodically reviewed to ensur¢ that they still m¢¢t the needs of the charity. Taxation Status The Company is recognised as a charity by H M Revenue and Customs. Accordingly the company has availed of the exemptions contained in Section 505 Income and Corporation Taxes Act 1988 and Section 256 Taxation of Chargeable Gains Act 1992, Responsibilities of the directors Company law rcquir¢s thc directors to Prepare financial statements for each financial year which give a lrne and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its tncoming resources and application of resources, including incomc and expenditure, for the financial year. In preparing those financial statements the directors should follow best practice and: select suitable accounting policies and then apply them consistently - rnake judgements that are reasonable and prudent and prepare the financial statements on the going concern basis. The directors are responsible for maintaining proper accounting records which disclose with reasonable accuracy the financial position of th¢ ¢haritable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and delection of fraud and other irregularities. Reserves policy The trustees have established the level of reserves which th¢ charity ought to have. Reserves are needed to bridge the gap between spending on its activities 2nd receipts from granting organisations. Reserves CLOONA CHILD coNfACT CEKfRE LI￿11TED Page 4 arc also nccdcd to sustain opcrations and mcct contractual obligations over thc period wlicn fiinding may not bc forthcoming. Direetorg Thc dircctols. who arc dRrcctors for the purposc of company law and trustccs for thc piiryose of charity law. who served (turing Ihe Ye￿ xnd up lo Ihe dale of Ihis rewrl set out on pabve l. The directors of th¢ company guarantee to contribute an amount not exceeding £1 to the assets of the LhaTltable cotTipany iri the client of winding up. Thc total number of SULh g-uafantces at 31, Marih ?025 was 5 {2024- 5). Statement of Disclosure of Information to the Reporting Accountant In so far as lh¢ direcior%, who held 0￿1CC at the dale of approval of ihese finiincial slft 476 01 lh8 Compange5 Ad 2006. The QireclL)TS a¢knowledge their resrm￿sIljllIIY for complySng *?th the requ*rements of Ihe knt wilh respect Eo ac¢ouniing ￿¢0[¢y$ and for the preparalK>n of a¢¢￿Tr￿. These accounts h8v& baon We￿8r￿ In ac¢ordanc8 Wth thg prtsviskms apF4icab18 to compan¥&s subjedtrkth8 $mall companses regime. The fir+ancial staternan15 on ptyes 6 to 14 were 8PP¥wved by tho board of directors on 16th Septern￿r 2025 8nd signed ils behalfby.. Oirector Dire¢ivr Dellis Cavana Roisin 1.4cKenna CLOONA CHILD CONTACT CENTRE LIMrrED Page 8 Cash Flow Statement for the Year Ended 315t March 2025 2025 2024 Operating Surplus 1.222 419 Fixed assets Additions Depre¢ia*ion of fixed assets 277 369 Decrease in Debtors 3,140 Increase in creditors 192 124 Nel cash oufflow from operatlng actlvltles 1,691 3,804 Interest recelved 1,691 3.804 Purchase of fixed assets Capital grant received 1,691 3,804 Increase in Bank Balan¢es 1,691 3,804 Opening Bank Balance 16,323 12,519 Closing Bank Balan 18,014 16,323 CLOONA CHILD CONTACT CEpifRE LIMtrED Pagg 9 Notès to th• Flnanelal Stst8ments for th• Year End•d 318t March 2025 General Inf•rrnation and basis Df Preparation Cloona Chikl Care Centre ￿miled 1$ 8 ¢ompany lirnitsd by guarantee 8nd not hawng a share cawtsl and is regiSte￿d in Northem Ireland. The add￿$$ of the registered office of the company is given on page 1 of thesè financial ststemènts. The company wa$ è$tabli$hèd undèr a MÈmLYandum of A8so¢lalk)n established its obj8¢ts 8nd p￿r5 and is gov8rned by its Arbdes ofAssociation The chaiitable company ￿￿stIluteS a public benefrt enlity 85 defi[￿￿ by FRS 101 Statement of CoTnpllanco The finan￿81 51atements have b88n prepar8d on the going ￿ncerN basis under the histori¢aY cost coThventioTh and in acGordance with 8pplisabl8 acGountiny standards. Stalernenl of Fle¢ommended Practi08'Accounting and Reporting by Chaiiti8s" appticable to Gharitie5 prepafing their a¢¢ounls In accordanc8 %Wth the Financi81 Reporting Stsndard applicaile in the UK and RepuNi¢ of Ireland IFRS 1021 The Chariti8s Legislatijn of Northern Irdand, Companies As12006 and the UK Generally A￿epted PractiBEs as it applie5 from January 2015 The charitable company adopted SORP IFRS 1021 In Ihe currenl year atKI an explanatlon 8$ to how transillon to SORP Js Included In the notes below. Tanylblv flx•41 assèts and d•prKSation The cost of tsngiue fixe