Company Reglstration No. N1606396 (Northern Ireland) ids. chartered accountants CASTLEROCK COMMUNITY ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 IDS Chartered Accountsnts LLP 23125 Queen Street COLERAINE Co Londonderry BT52 1BG
CASTLEROCK COMMUNITY ASSOCIATION ids. chartered accountants CONTENTS Page Legal and administrative information Trustees, report Independent examinels report Slalement of financial activities Balance sheet Notes to the financial statements 9-14
CASTLEROCK COMMUNITY ASSOCIATION ids. chartered accountants LEGAL AND ADMINISTRATIVE INFORMATION Trustees J Bradley PBCorr CJOY G McEwing H Davies Ms A Chapman MrA Simpson K Mark (Appointed 24 February 2025) (Appointed 24 February 2025> Company number N1606396 Registered offlce 2A Circular Road CASTLEROCK Co Londonderry BT514XA Independent examlner IDS Chartered Accountants LLP 23125 Queen Street COLERAINE Co Londonderry BT52 18G
CASTLEROCK COMMUNITY ASSOCIATION ids. chartered accountants TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordan with the accounting policies set out in note 1 to the finan¢ial ststements and comply with the Charity's goveming document, the Companies Act 2006, FRS 102 The Financial Reporting Standard applicable in Ihe UK and Republic of Ireland" and the Charities SORP "kcounting and Reporting by Charities.. Statement of Recommended practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)" Objectives and activities The Charity's objecls are to promote the benefit of the inhabitants of Castlerock and its environs (without distinction) by associating with the statutory authorities, voluntary and community organisations and inhabitants in a common effort to.. Advance community development by providing resources, facilities, support and information for community and voluntary groups and organisations and encouraging and assisting such organisations lo cooperate to achieve their aims Promole culture, arts and heritage Advance education and training and provide infomation and advice to local inhabitants and to visitors of the area Promote good community relations, racial harmony, equality and diversity Relieve those in need by reason of youth, age. ill-health, disability or other disadvantage Provide facilities in the interests of social welfare for recreation and other leisure time occupations with the object of improving the conditions of life for said residents Advance environmental protection and improvement Advance health and promote participation in healthy recreation In particular cycling, hiking and walking Voluntee All the directorsltrustees and 5UPPOrters of the Association are volunteers. Achlevements and performance The Charity aims have been met through the delivery of the Village Plan. The production of the Village was infomied by an extensive Community consultation process. The Village Plan 2023-2027 can be located on its website and is the framework for CCAS strategic direction. The progress against each of the three headings in the past year is as follows.. Goal 1- Castlerock's environment and Infrastructure Reinstall and malntaln the historffic rallway brldge Regular interface and updates received from CC&GBC Officers and Council Members. Council have appointed contractor and it is anticipated that the bridge will be reinstalled in Spring 2026. Improve facllltles in the Vlllage In partnership with the Landscape Partnership Scheme a shelter was erected on the beach and outdocy shower installed.
CASTLEROCK COMMUNITY ASSOCIATION ids. chartered accountants TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED> FOR THE YEAR ENDED 31 MARCH 2025 Goal 2-Enhance and protect Castlerock's natural envlronment Vlllag8 Beautlful The annual hanging of c 64 basketsllubs. CCA is gratefvl to CC&GBC for the planting of the tubs and regular watering throughout the Summer. A huge thanks also to the Volunleers who assist with the hanging up and taking down. Thanks also to the Volunteers who maintain the entrance to the Village throughout the year. Envlronmental proJect-Live Here. Love Her8. Familiesllndividuals of all ages who are looking to maintain some physicallwellbeing alongside the opportunity to care for the Village continue to carry out regular litter picking alongside regular beach clean ups. CCAS equipment was also used by 1s Castlerock Scout Group to carry out a beach clean up. Goal 3-Support people and the wlder communlty-programme of actlvitleslserrflces provlded between 1st Aprll 2024 and 31st March 2025 Dellver Inclusive programme of 8v8nts Community garden project. CCA owned polytunnel provides plots at Hezlett House to enable people to grow vegetableslfruits with the added bonus of improwng health and wellbeing. There is a waiting list f when plots do become available Staffing of the Community and Visitor Information Centre, dealing with enquiries from residents arKI visitors to the Centre Easter activities-treasure hunt and picture competition Castlerod('s Magical Christmas 6th December 2024 including the Christmas Light Switch on and Elf Hunt. Thank you to CC&GBC for granting an award of £2500 towards this event A cross-community event where CCAworks with the local school, playgroup, scout group and businesses. Craft Club, which is held monthly Walkfest, in its 16th year conlinues to attract familieslindividuals who are keen to explore the Village and surrounding areas. Many thanks to Translink. National Trust and the dedicated team that continue to make this event a success 'Winter Warmer. .the Community and Visitor Infomiation Centre provide a warm place for people to meet and enjoy a cup of coffeeltea and bowl of soup. The original concept was born as one of the consequences of post covid to provide a welcomlng place and encourage social interaction. A "Wine and Graze. fundraising event was hosted by The Neighbourhood Collective and BBQ Fundraising Event hosted by The Coffee Hut. Many thanks to Alison O'Hare and Alistair and Sandra Robinson respectively for their support. The total number of participants for CCAS programme of activities and services for the year end 31st March 2025 was ¢812. This does not include footfall into the Centre of c814 Communlcatlon and Information Sharlng to promote good relatlons CCA maintains a lively facebook and Instagram feeds, sharing information about local events and activities Enhance use of the Community and Vlsltor Informatlon Centre CCA supports a number of other groups that use the Community and Visitor Information Centre on a regular basis for example, book club, creative writing club and the Royal British Legion Enhance Polltlcal Engagement Facilitating NeorkS hosting regular meetings with local Councillors and Senior Council Officers on issues of concems such as the retum of the historic railway bridge, traffic management and recreation facilities.
CASTLEROCK COMMUNITY ASSOCIATION ids. chartered accountants TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Hosting of clinics in the Community and Visitor Information Centre so that community members can interact with elected representatives from all parties to raise issues CCA wishes to formally thank all the Volunteers that support the Association in its programme of activities and services. Additionally, thanks to local businesses. school, playgroup, churches and groups that play a vital role in making things happen and of course all those that participate in the events and activities. Financial review The principal funding source for the Association continues to be the Village Draw, which was established in 2012. Where possible the Association reclaims tax through the Gift Aid scheme. The Association is also grateful for the £3.500 Community Development Support Grant from Causeway Coast and Glens Borough Council. There are no paid staff. Reserves Policy is reviewed on an annual basis as guided by the Charities Commission Northern Ireland. The Association is fully compliant with the policy. The Association has a duty to identify principal risks and uncertainty affecting the Charity and review the risks to which the charity is exposed and to ensure that appropriate controls are in place to provide a reasonable assurance against fraud and error. Controls are regularly reviewed and discussed. The going concern for the year 25126 will be the future of the Community and Visitor Information Centre. The Community Association has leased premises since 2011 for a Community and Visitor Information Centre in the heart of the Village. At its busiest the Centre was open 6 days a week frorn 10am4pm. However,over the last 5 years-particularly since the COVID pandemic-use of the Centre (pre-COVID the footfall figure was around 2,300). Currently the Centre is open Thursday to Saturday from 12noon-3pm. The figure for year ending 31st March 2025 was c814. Almost all the functions that were provided by the Centre are now available online and with smart phones almost universally available, the way people find information has changed. The annual costs of running the Centre have increased by over 600/0 since 2023 and are forecast to rise further. In addition to the monetary cost, there are human resources, that is Volunteers that are required lo manage and maintain the facility. The numbers have significantly dropped since COVID. Feedback informs us that Volunteers were not fully occupied when on duty due to the decrease in footfal5. As a charity, we must be mindful of how we use our income. The CCA'S funding mostly comes from individuals and businesses who generously donate. Too much of this income is now spent on maintaining the Centre rather than seNing the Community. structure, governance and management The Charity is a Company limited by guarantee. The Trustees. who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were.. J Bradley PBCorr S J Hutchinson CJOY G M¢Ewing H Davies Ms A Chapman MrA Simpson K Mark (Resigned 24 February 2025) {Appointed 24 February 2025} (Appointed 24 February 2025) None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
CASTLEROCK COMMUNITY ASSOCIATION ids. chartered accountants TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The Trustees, report was approved by the Board of Truste CJOY Trustee 4De mber 2025
CASTLEROCK COMMUNITY ASSOCIATION ids. chartered accountants INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CASTLEROCK COMMUNITY ASSOCIATION I report on the financial statements of the Charity for the year ended 31 March 2025, which are set out on pages 7 to 14. Respectlve responslbillties of charity Trustees and examlner As the charity Trustees {and also the directors of the company for the purposes of company law) yw are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the financial statements of the Charity are not required to be audit under Part 16 of the Companies Act 2006 and are eligible for independent examination, it is my responsibility to.. examine the financial statements under section 65 of the Charities Act (Northern Ireland) 2008,. follow the procedures laid down in the general Directions given by the Commission under section 65{9)(bl of the Charities Acl {Northern Ireland) 2008,. and state whether particular matters have come to my attention. Basis of independent examlner's report I have examined your charity financial statements as required under section 65 of Ihe Charities Acl (Northem Ireland) 2008 and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 6519)(b) of the Charities Acl. The examination included a review of Ihe accounting records kept by the charity and a comparison of the financial statemenls presenled with those records. It also included consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any materia5 matters have come to my attention giving me cause to believe that.. 1. Accounting records were not kept in accordance wilh section 386 of the Companies Act 2006., or 2. The financial statements do not accord with those accounting records., or 3. The financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)., or 4. There is further information needed for a proper understanding of the financial statements to be reached. Independent examlnerfs statement I have completed my examination and I have no concems in respect of the matter5 (11 to14) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters Ihat require drawing to your altention. frC/- Alison Wallace (FCA) IDS Chartered Accountants LLP 23125 Queen Street COLERAINE Co Londonderry BT52 1 BG 4 December 2025
CASTLEROCK COMMUNITY ASSOCIATION ids. chartered accountants STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted Restrlcted funds funds 2025 2025 Total Unrestrlcted Restrlcted funds funds 2024 2024 Total 2025 2024 Notes Income from: Donations and legacies Other trading activities 9.139 3,242 5,980 15,119 3,242 2,240 6,198 9,023 11,263 6,198 Totsl income 12,381 5,980 18.361 8.438 9,023 17,461 Expenditure on: Raising funds Charitable activities 1,425 12,541 2,635 3,984 4,060 16,525 4,568 12.362 5,343 3.680 9,911 16,042 Totsl expendlture 13,966 6.619 20,585 16,930 9,023 25,953 Net expendlture and movement In funds (1,585) (639) (2,224) {8,492) (8,492) Reconcillatlon of funds: Fund balances at 1 April 2024 41,905 639 42,544 50,397 639 51,036 Fund balances at 31 March 2025 40.320 40,320 41,905 639 42,544 The statement of financial activities includes all gains and losses recognised in the year. Ail income and expenditure derive from continuing activities.
CASTLEROCK COMMUNITY ASSOCIATION ids. chartered accountants BALANCE SHEET AS AT31 MARCH 2025 2025 2024 Notes Current assets Debtors Cash at bank and in hand 10 2,071 38,249 1,872 41,149 40,320 43,021 Net current assets 40,320 43,021 Credltors: amounts falllng due after more than one year 11 1477) Net assets 40,320 42,544 The funds of the Charity Restrided income funds Unrestricted funds 12 13 639 41.905 40,320 40,320 42,544 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audtt of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject lo the small companie5 regime. The financial statements were approved by the Trustees on 4 December 2025 CJOY Trustee H Davi Trustee Company re tration number 1606396 (No rn Ireland)
CASTLEROCK COMMUNITY ASSOCIATION ids. chartered accountants NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles Charlty Informatlon Casllerock Community Association is a private company limited by guarantee incorporaled in Northern Ireland. The registered office is 2A Circular Road. CASTLEROCK. Co Londonderry, BT514XA. 1.1 Basls of preparation The financial statements have been prepared in accordance with the CharSty'S governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" The Charity is a Public Benefit Entity as fined by FRS 102. The Charity has taken advantage of the provisions in the SORP for Gharities not to prepare a statement of cash flows. The financial statements are prepared in sterling, which is Ihe funclional currency of the Charity. Monetary amounts in these financial statements are roL¢nded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Golng concern At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charlty has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees contsnue to adopt the going concem basis of accounting in preparing the financial statements. 1.3 Charltable funds Unreslricled funds are available for use at the discretion of the Trustees in furtherance of their charilable objectives unless the funds have been designated for other purposes. £17.174 of the unrestricted funds relate to designated funds. These funds were donated to the Charity on behalf of a deaSed past Hon. Secretary. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 1.4 Income Income is recognised when the Charity is legally entitled to tt after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performan conditions require deferral of the amount. Income tax recoverable in relation to donations received under GIft.d or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
CASTLEROCK COMMUNITY ASSOCIATION ids. chartered accountants NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles Icontlnued) 1.5 Exp8nditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is dassified by activity. The costs of each activity are made up of the total of dIrt costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable lo a single activity are allocated directly lo that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activitEs on a basis consislenl with the use of resources. Central slaff costs are allocated on the basis of time spent. and depreciation charges are allocated on the portion of the asset's use. All expenditure is accounted for on an accruals basis and has been dassified under headings that aggregate all costs related to the category. 1.6 Cash and cash equlvalents Cash and cash equivalents includg cash in hand, deposits held at call with b8nks, other short-tenn liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.7 Flnanclal Instruments The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues. of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Charity's balance sheet when the Charity becomes paty lo the contractual provisions of the instrument. Financial assels and liabilities are offs8t, with the net amounts presented in the financial statements, wthen there is a legally enforceable right to sel off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Baslc flnanclal assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost Using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financlal liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rale of interest. Financial liabilities classified as payable within one year are not amortised. Trade creditors are obligations to pay for goods or services that have been acquired in the Ordin course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured al amortised cost using the effective interest method. 10-
CASTLEROCK COMMUNITY ASSOCIATION ids. chartered accountants NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles (Contlnuedl 1.8 Employee beneflts The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed lo terminate the employment of an employee or to provide termination benefits. Critlcal accounting estlmates and Judgements In the application of the Charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects cfily that period, or in the period of the revision and fulure periods where the revision affects both current and fvture periods. Income from donatlons and legacles Unrestrlcted Restrlcted funds funds 2025 2025 Total Unrestrlcted Restrlcted funds funds 2024 2024 Total 2025 2024 Donations and gifts Grants 9,089 50 9,089 6,030 2,240 2,240 9,023 5,980 9,023 9,139 5,980 15,119 2,240 9,023 11,263 Income from other tradlng activities Unrestricted Unrestrlcted funds funds 2025 2024 Fundraising events 3,242 6,198 Expenditure on ralslng funds Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Fundraising and publicity Other fundraising costs 1,425 2.635 4,060 4,568 5,343 9,911 11
CASTLEROCK COMMUNITY ASSOCIATION ids. chartered accountants Its NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on charftable actlvltles 2025 2024 Dlrect costs Rent and rates Computer and website costs Bank fees 8,653 358 151 6.333 157 152 E li Telephone Heat and light General expenses Insurance Donations Accountancy Legal and professional fees 349 2,892 1,882 969 551 720 1,075 1,150 3.739 873 403 660 1.500 16,525 16,042 Analysls by fund Unrestricted funds - general Restricted funds 12.541 3,984 12.362 3,680 16.525 16.042 Net movement In funds 2025 2024 The net movement in funds is stated after chargin{credrtlng). Fees payable for the independent examination of the charity's financial stslements 720 660 Trustees None of the Trustees (or any persons connected wtth them) received any remuneration during the year, but they were reimbursed a totsl of £130 {2024.' £258) in respect of expenses incurred on behalf of the charity. Taxatlon The Charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 10 Debtors 2025 2024 Amounts falllng due wlthln one year: Other debtors Prepayments and accrued income 1,480 591 1,455 417 2,071 1,872 12-
CASTLEROCK COMMUNITY ASSOCIATION ids. chartered accountants NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Analysls of net assets between funds Unrestrlcted funds 2025 Restrfcted funds 2025 Total 2025 At 31 March 2025: Current assetsl{liabilities) 40,320 40,320 40,320 40.320 Unrestricted funds 2024 Restrlcted funds 2024 Total 2024 At 31 March 2024: Current assetsllliabilities) Long term liabilities 42,382 (477) 639 43,021 (477) 41,905 639 42,544 15 Related party transactjons There were no disclosable related party transactions during the year (2024- none). 14-