Charity No: NIC 104604
Greater Shantallow Community Arts
Accounts
for the year ended 31 March 2025
Greater Shantalloiv Community Arts Contents Page Leg7uI (ind Administrutive Information Report of the Managcnicnl Coinniitlee Independenl Examiner'.% Report Stdlement of Financiiil ALtivitie8 B(iliince .slieet Noleb to Ihc accounl 7-11
Greater Shantallow Community Arts
Legal and Administrative Information
Charity Name. Charity Number Operational Address
Trustees of Greater Shantallow Communtiy Arts
Accountants
Bankers
Greater Shantallow Community Arts NlC 104604 Unit 2/3 Derry BT48 8SE Bobby Kelly Eleanor Plummer Lynn McCarron John McLaughlin Annmarie Kelly Ann McKeever Maura Ebbs Catrina McFeely Jim Collins Conor Stanley Kayleigh Doherty McGroarty Mccafferty & Company Ltd Accountants and Tax Consultants 2 Carlisle Terrace Derry BT486JX Bank of Ireland 27 Culmore Road Derry BT48 8JB Skeoge Ind Estate 4 Beraghmore Road
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Greater Shantalloiv ComTnunity Arts Report of The Managemenl Committee The ML1llL1gcment Cummillee presenl their report 1L nd the financial statement% for the year ended 31 Marcli 2025. Principlll activl¢y and objeclivLIS Grec2ter Shanl¢illuw Conimunity Arts (GSCA) s¢¢ks the udvanc¢mcnl of uit.% culturc & heiil¢ige a8 a coinmunity url.4 vrbyunisution ihat aims to PTovide direct acLess to the 18 within disiidv1& nlaged communitie in the Greater Shunlallow Arealouter Nurth region of Derry (ind io bc a conduit to bring comtnunilies from 'edge to ccntre" into %lr&ilegic plans for the 1Lrl8 locally, re&iionLllly and nuliunally. GSCA seeks the ILdvLincement of eduL<ltion, citizenship und community development, as GSCA <iim% to promole urti.gts, Lultural activity, grow uudience8, incrcuse purlicipation in the urls and providc opportunity for comniunilie% und individuals to develop skills Llnd provide showc1L se8 for lulent u%ing <1 wide rungye of &2rt forms. GSCA seeks Ihe iidvanceiiitylllt of heulili iiiid Ilie 8aviiig vf lives by acki)owledg5iiig tlie tiaiistoi.iiiulive powei.. of tlie .1rl8 to make slrulegic 80CiLI1 inlcrvention% to &2llevi<2tC Lomplex problem8 8ULh US.. SOClÉl1 exclusion. is01&l1ion, luck of opporluniiy lind poverty. GSCA is Lommitted to cquiility lEgdIeS$ of LullurÉil background, u&7e, dis&ibility, sexual orientation or economic slulus. MAnAEoment Commlttee The membcr4 of (he Lharity for the purposes uf charity law and Ihroughout this rcporl ure colleclively rel'erred lo the Irustecs. The Iruslees %erving during the yeur and Sincc the year end were as follow%: Bobby Kelly Eleiinor Plunimer Lynn MLCarron Jolin McLaubyhlin Annni<irie Kelly Conor Sianley Risk MunHgement Thc Iruslees hiL vc assessed the niÉ1jor risks lo whiLh tlie l& ssocialion is exposed, in partlLulur Ilio%e rel<1tcd lo the operations lind finunLes of the a$80¢iutioii, und (ire 8Qti8ficd Ihut by.%lems arc in pluLe to Iiiitig1¢ tc tlie exposure to Ilie m¢ljor risks. Ann MLKeever Mauril Ebb Calrina iMcFeely Jim Collin% Kayleibh Doh¢rty FinHncial revlew Thc finanLiul performance 18 8uniniurised in the encloscd uLcounl%. Plans for Future Perlods A% Greatcr Shantulluw Community Arts enters its 24th year of providing vital commuiiity art8 .scrvices to the re%idenl8 of our city, it is approprilltc that we liike time to reflect upun tlie impa¢L of our work to datc und how we can continuc to serviLe the arti.8ti¢, crcative and cultural need5 of our communities in the lime ¢ihcad. To Ihis end GSCA havc implenienled a 2 year probyriinime of impact assessnienl, consultution cind devclopmenl of a New Five-Ye<ir StralegiL Pldn and Business Plun lo run alongside senior mLinagemenL und boic rd tr¢iining with devLlupmenl progrllmmes d¢5i&ined lo %upport our orbydllisLltions ¥uslainubility, IE%iliencc and &?rowth in the time ahead. This proce%% logethcr with uur work with a wide range of gtrtitegic statutory and communily paitners to identify dnd implement Él 8trt1tcgic gruwth plan that will servile the future cupitdl requirements of the delivery of Arts and Cullur(Il provi.sion for the Bully<nell DEA in which we are ba.sed cind indeed the Communiiy Art% phyqici11 rcquirement.% of our city and regyion offering exLiting7 opportunities to ensure ihat we progress witli (i sense of optimism, excilement and Lonfidence in the f0iwLd momentum of our orgL1nisalional objeLtive.%. Page 2
Greater Shantallow Community Arts Report of The Management Committee
Members Responsibilities In Relation To The Financial Statements
The members are reponsible for preparing the annual report and the financial statements in accordance with the applicable law and United Kingdom Generally Accepted Accounting Practice.
The law applicable to charities in Northern Ireland requires the members to prepare financial statements that give a true and fair view of the state of affairs of the charity at the end of the financial year and of its surplus or deficit in the financial year. In doing so the members are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP 2019 (FRS 102);
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The members are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008. The members are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
A resolution will be proposed at the Annual General Meeting that McGroarty McCafferty & Company Ltd be re-appointed as accountants for the charity for the ensuing year.
Committee Member
Date: 10 July 2025
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hye
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Date: 10 July 2025
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Greater Shantallow Community Arts Independent El xaniiner's report to the eharity conimiltee niembers of Greater Shantallow Community Arts We report on the uLcounl8 of thc churity for ihe year cnded 31 March 2U25, whiLh set out on Pil&Tes 5 - 11. Respectlve rcsponsibilities of cliarity committee mcmber5 und examlner As the chariiy'S member8 you are responsible for the prepurdtion of the ULLouiils in accordunLe with thc Ch&irilie% Act (Northern Ii'eli& nd) 2008. 11 is our rLspon%ibilily to: ex&imine the accounts under Section 65 of Ihe ChiL rilies Act; folluw the procedurcs Idid duwn in the general Direction% givcn by ihe Conimi8sion under Section 65(9) (b) ot the Churilie% Acl; .%1iÉ le whether purliLulur matter8 have conie to our altenlion. Hasls of IndopLSndent examlner's roport Wc have ex<imined your charity £iccount8 as required under Scclion 65 of the Chiirilies Act 1Lnd our examinulion was CLlrried out in iiLLordiince wilh the bieneriil Directions gyiveii by 11)e Chariiy Commission for Northern Ireliind under Section 65 (9){b) of Ihe Charilies ALI. Our examinalion included li review of the iiLLuunling rccords kept by Ihe charity cind Li compari.son of the account.s presented with those records. It 110 included consideration.£ of any unusuLiI items or disLlo%uiE% in the accounls, lind seek.ing explanation from you as chariiy member8 concerninbv iiny such matters. Our role is to state whether <lny n11L tcrial mallers h¢ive comc to our (Iltenlion giving u4 L'uu%e to belicve: l. That ¢iLLuunting record.s were not kept in accordunLe willi Section 63 of ihe Cli1& rities Act. 2. That Ihc ULcount.s do not iiccord wilh Iho%e iiccounting reLord%. 3. Thut the accounts do nol Lomply with the accounlin&T requirements of Ihe Chiirilie8 Act. 4. Th41l Ilicre is further intorm¢ltiun needed for (i propcr understunding ot thc aLLuunt% to be reached. Independent Exaniiner's Statement Wc can conlirm IhÉil we Lirc qualitied lu undertakc the ex&iminLltion aq we ure resistered member% of ChiL rlerLd Accountanls Ireland which 18 one of the listed bodics. Wo huve Lumpleted our exuminuliun (ind have no LonLerns in reqpecl ol. the matter.$ 1 4 lisied ubove and, in connection with Ihe following DireLlions of the Chariiy Commi.4sion Norlhern li'elLind' we liuve found no matter% Ihut require drawing to yuur attention. McGroarty Mc Cafferty & Companiy Limited Accountants and Tax Consultants 2 Carlisle TerraLe Derry BT48 6JX Date: 10 July 2025 Page 4
Greater Shantallow Community Arts
Statement of Financial Activities for the year ended 31 March 2025
| Unrestricted | Restricted Designated | Restricted Designated | ||||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2025 | 2024 | ||
| Income and Expenditure | £ | £ | £ | £ | £ | |
| Incoming Resources | ||||||
| Grants. Received & Other Income | 50,438. | 448,732 | - | 499,170 | 422,171 | |
| Total Incoming Resources | 2. | 50,438 | 448,732 | - | 499,170 | 422,171 |
| Resources Expended | ||||||
| Management & Administration | 49,997 | 457,935 | - | 507,932 | 580,317 | |
| Total Resources Expended | 2.1 | 49,997 | 457,935 | - | 507,932 | 580,317 |
| Net Incoming/ (Outgoing) Resources | 441 | (9,203) | (8,762) | (158,146) | ||
| Balances brought forward 1 April 2024 | ~~36,369~~ | 194,340 | ~~230,709~~ | ~~388,855~~ | ||
| 36,810 | 185,137 | - | 221,947 | 230,709 | ||
| Transfer of funds | (10,000) | 10,000 | ||||
| Balances carried forward 31 March 2025 10. | Balances carried forward 31 March 2025 10. | 26,810 | 185,137 | 10,000 221,947 | 10,000 221,947 | 230,709 |
The above amounts relate to continuing operations of the charity.
The organisation has no recognised gains and losses other than those included in the results above and therefore no separate statement of total recognised gains and losses has been presented. There is no difference between the net incoming resources for the year stated above and their historical cost equivalents.
Pages
Greater Shantallow Community Arts
Balance sheet
as at 31 March 2025
| 2025 | 2024 | |||||
|---|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | ||
| Fixedassets | ||||||
| Tangible assets | 6. | 185,136 | 194,340 | |||
| Current assets | ||||||
| Debtors | 7. | 43,683 | 35,470 | 35,470 | ||
| Cash at bank and in hand | 12,809 | 8,954 | 8,954 | |||
| 56,492 | 44,424 | 44,424 | ||||
| Current liabilities | ||||||
| Bank loans and overdrafts | 2,114 | 2,726 | 2,726 | |||
| Other creditors | · 15,347 | 3,297 | 3,297 | |||
| Accruals | 2,220 | ~~2,032~~ | ||||
| 8. | 19,681 | 8,055 | 8,055 | |||
| Net current m,sets | 36,811 | 36,369 | ||||
| Total assets lesscurrent | ||||||
| Ha b iii ti cs | 221,947 | 230,709 | ||||
| --·- | ||||||
| Capital account | ||||||
| Restricted funds | 185,137 | 194,340 | ||||
| Unrestricted funds | 26,810 | 36,369 | ||||
| Designated funds | 9, | 10,000 | ||||
| 10. | 221,947 | 230,709 |
We approve these accounts and confinn that we have made available all relevant records and information for their preparation.
Date: 10th July 2025
Committee Member hy Be Date: 10th July 2025
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Pr Greater Shantallow Community Arts ee ee ae ene, Notes to the accounts te nd for the year ended 31 March 2025 a ee
i 1. Accounting policies owe a The principal accounting policies adopted in the preparation of the financial statements are set out Pty A 3 waea Osea below. aed ie On es ne CU ree hae
kee I.I. | Accounting convention The Financial Statements have been prepared in accordance with Accounting and Reporting by nalott' esLi a Le iat i has t = _? F Se Charities: Statement of Recommended Practice applicable to charities preparing their accounts in Dee ae eeFeO accordance — a! with the Financial Reporting Standard applicable de ais Sere foe A ae[een] in the UK and Republic | Pe of Ireland Sn Say Charities SORP 2019 (FRS 102) and the Charities Act (Northern Ireland) 2008. SPRMun e ” Mera! oyee eeGee eeweree 3 Fee he es ee wh 1.2. oe Incoming resources wa ee Pi All incoming resources are included in the statement of financial activities when the charity is entitled to oeLoweese Md»dw. eeewoh ee a oe eere et Ee the income and the amount can be quantified with reasonable accuracy. The following specific policies nf oe ae epee. st Os ate foetal - 1... 1 FCS are applied to particular categories of income: cala== [eeeyeea ere aeTi ARTA oaill cues: os BREE EY Voluntary income is received by way of grants, donations and gifts and is included in full in the aay nee ag Ee rere erty os eB rg AE le oe Wise statement of financial activities when receivable. Grants where entitlement is not conditional on the aRAS eyedaarlNions1 eePetaJtoaeet Satan- Oea ETay symtesLl Evo =anas i Sreea Sateie oe| Pe delivery of a specific perfonnance by the charity, are recognised when the charity becomes ee ee an F es F. ee2 Ori ee ee oT unconditionally entitled to the grant. ae Ee aa Donated services and facilities arc included at the value to the charity where this can be quantified. The eeEr value of services provided by volunteers has not been included. ae aeeg ee hea te ck te en)eeRae ee Sea Gifts donated for resale are included as incoming resources within activities ease ee oo, eet oe ees mere eeolee for generating funds when oten SB they are sold. See,
1.3. Resources expended
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT = a lh a * Pee Te ee Oa bt a Dm which cannot be fully recovered, and is reported as part of the expenditure to which it relates. aT es Ee BR *e tne of ox iceh ab=4 ay a! Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and ihe.AR)=:Oe eleaee ssTe aeaa eeeetated aaalee EUayhelen a. Bee Pita services for its beneficiaries. It includes both costs that can be allocated directly to such activities and eee See ee Te[aes] Sas eePaine ac et im[8] |[Leis] those costs of an indirect nature necessary to support them. at eta =f. PE ee yt em aS" “Ti
1.4. go * Tangible fixed assets and depreciation Tangible fixed assets are stated at cost less depreciation. USA Pea Tol ek eeetal:re eis les eeeestas” Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each peeee pe Beh oe Ge pe Gee i bg tt, Peet | asset over its expected useful life, as follows: ee ont ce i 1. tere?
jars Renovations Sree 10% Straight Line tie 3 Equipment te ess 20% Straight Line ite =
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Greater Shantallow Community Arts Notes to the accounts for the year ended 31 March 2025
2. Income
| Income | ||
|---|---|---|
| Year | Year | |
| Ended | Ended | |
| 2025 | 2024 | |
| £ | £ | |
| Restricted Income Department for Communities — |
18,577 | 15,463 |
| Derry City and Strabane District Council The Executive Office |
46,873 79,973 |
26,065 59,759 |
| Halifax | 5,000 | |
| Clear Project grant Arts Council of Northern Ireland |
4,920 162,015 |
155,272 |
| Education Authority | 73,820 | 82,865 |
| The National Lottery Donnant Accounts | 2,000 | 8,000 |
| Department of Foreign Affairs and TradeReconciliation Fund | 28,956 | |
| Future Screens NI | 21,038 | 20,977 |
| Department for Justice | 8,000 | |
| Other grants | 10,560 | |
| 448,732 | 381,401 | |
| Unrestricted Income | ||
| Donations | 50,438 | 40,770 |
| 50,438 | 40,770 | |
| Total Income | 499,170 | 422,171 |
(i) Restricted Funds
Funds received which arc earmarked by the Funder for specific purposes. Such purposes are within the overall aims of the organisation.
(ii) Unrestricted Funds
Funds which are expendable at the discretion of the company in furtherance of the aims of the charity. In addition funds may be held in order to finance capital investment and working capital.
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Greater Shantallow Community Arts
Notes to the accounts
for the year ended 31 March 2025
2.1 Resources Expended
| Resources Expended | ||||
|---|---|---|---|---|
| Year | Year | |||
| Ended | Ended | |||
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | 2025 | 2024 | |
| Management&Administration | £ | £ | £ | £ |
| Wages & salaries | 161,995 | 161,995 | 164,977 | |
| Pension costs | 8,133 | 8,133 | 9,268 | |
| Programme & tutor costs | 49,617 | 160,968 | 210,585 | 159,899 |
| Rent, rates & water | 61,465 | 61,465 | 56,231 | |
| Insurance | 3,351 | 3,351 | 3,898 | |
| Light & heat | 19,007 | 19,007 | 22,335 | |
| Repairs & maintenance | 19,959 | I 9,959 | 16,680 | |
| Postage, stationery & advertising | 4,789 | 4,789 | 4,199 | |
| Telephone, fax & internet | 5,696 | 5,696 | 3,191 | |
| Professional fees | 2,072 | 2,072 | 9,000 | |
| Accountancy | 1,296 | 1,296 | 1,260 | |
| Bank charges | 380 | 380 | 133 | |
| Sundryexpenses | 193 | |||
| Depreciation | 9,204 | 9,204 | 129,053 | |
| 49,997 | 457,935 | 507,932 | 580,317 |
3. Net (outgoing)/incoming resources for the Period
| Net (outgoing)/incoming resources for the Period | ||
|---|---|---|
| Year | Year | |
| Ended | Ended | |
| 2025 | 2024 | |
| £ | £ | |
| Net (outgoing)/incoming resources is stated after charging: Depreciation and other amounts written off tangible fixed assets |
9,204 | 4,915 |
| Accountancy fees | 1,296 | 1,260 |
4. Staff note
The average number of persons employed by the company during the year amounted to 8 (2024 - 7).
The aggregate payroll costs incurred during the year were:
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Wages and salaries | 161,995 | 164,977 |
| Pension contributions | 8,133 | 9,268 |
| 170,128 | 174,245 |
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Gre¢lter Shantallow Community Arts Notes to the accounts for Ilie ye¢2r ended 31 March 2025 Taxalion As 11 chilrity, Greater Shantulluw Community Arts is exempt from tax on income und gains f&illing within .%ection 505 of the Taxes ALt 1988 or s256 of the Taxiitiun of Chargcable Guins ALI 1992 to thc extent IhLlt thesc arc upplied tu it.% cli1& rgeable objccts. ALLOI'dingly, no tax chargcb hiive iii'itsen in the Lhurity. Tungible assets Renovatlons Equipment Total Cost Al l April 2024 312,575 85,U47 397,622 At 31 Mllrch 2025 312,575 85,047 397,622 Depreclatxon At l April 2024 Clicif&Te for the ye. 124,138 6,252 79.144 2,952 203,282 9,204 At 31 March 2025 130,390 82,096 212,486 Net book values At 31 March 2025 182.185 2.951 185.136 Ai 31 March 2024 188.437 5,903 194,34U Debtors 2025 2024 Grunts Due PrepLiym¢nls and aLLrued inconie 37,6Q3 6,080 35,470 43,683 35,470 Current Ilabllltles 2025 2024 Loans und overdrafts Taxes and social security cogts Other creditors Accruals & deFerred income 2,114 3,347 12,000 2.220 2,726 3,297 2,032 19,681 8,055 Page 10
Greater Shantallow Community Arts Noles to the accounts for the year ended 31 March 2025 Deslgnated Funds The deSi&Tnuted fund of £10,000 has been ¢1&7reed by the Iruslees to ensure that Ihere are adequate fund8 to cover operating costs. 10. Movements in Funds At l Aprll 2024 At 31 M#rLh 2025 Incomlng resourcos Outgolng resources Transfers Restricted funds: TolLiI re%tricled fund8 Unrestricted funds: Tot¢11 unrestricted funds 194,34n 448,732 (457,935) 185,137 50,438 (49,997) (10,000) 26,810 Deslgnated funds: 10,000 10,ouo Total fund. 230.709 499.170 (507,932) 221,947 Purposes of Restricted Funds Re.slricted grLlnl8 aW[ded to ihe chi](Y is provided to cover the core objects as expliiined in directors report. 11. Controlling interest Ultimate control of the Charity lie.4 with the committee member8. 12. Related Party Transactions There were no related party traniaction8 in year under review. Page 11
Designated fiunds The desigyn<ed fund of £ l 0.000 has been agreed by the tru%lee8 to ensure that there are <idequate funds to covei operilting costs.