Company Reglstrallon Number.. N1017957
Charlty Number: NIC105759
Coalisland & District Development Association
IA company limilod by guarantea. not havlng a share capital)
Annual Report and Unaudited Flnancial Statements
for the financial year ended 30 April 2024
McDonald O'Neill & Co
Chartered A¢¢ountants and Statutory Aud5toYs
S Unlon Bulldlng8
Unlon Place
Dungannon
Co Tyrone
BT70 IDL
Northern Ireland

Coalisland & District Development Association
<A ¢ompany15mlt•d by guaranlee. nol havlng a share ¢apltall
CONTENTS
PagB
Reference and Administrative Informalion
Directors, Annual Report
Statement of Directors, Responsibilities
Independent Examiner's Report
statement of Financial Activiltes
Balance Sheet
10
Notes to the Financial Statements
Supplementary Information relating to Ihe Financial Slatemenls
17

Coalisland & District Development Association
(A company Ilmllod by guaranloo. not havlng a share capital)
REFERENCE AND ADMINISTRATIVE INFORMATION
Dlrectors
Pat O'Hanlon
Mr. J Corr
P McGirr
Company Secretary
Mr. Michael Plunkell Daly
Charlty Number In Northern Iroland
NIC105759
Company Reg16tratlon Numbfrr
N1017957
Registered Office and Prlnclpal Address
51 Dungannon Road
Coalisland
Co Tyrone
BT714HP
Northefn Ifeland
Independent Examlner
McDonald O'Neill & Co
Chgrtered Accountants
5 Union Building8
Union Place
Dungannon
Co Tyron8
BT70 IDL
Northem Ireland
Prlnclpal Banker8
First Trust Bank
18-20 Scotch Street
Dungannon
Co Tyron8
BT70 1AZ
Sollcltors
Franas J Madden
14 The Square
Coalisland
Co Tyfone
BT714LN
Northern Ireland

Coalisland & Dlstrict Development Association
{A ¢ompany Ilmllod by guaranteo, nol havlng a sharè capltal)
DIRECTORS. ANNUAL REPORT
for th8 financial year ended 30 April 2024
The directors present their Directors, Annual Report. combining the Directors, Report and Truslees, Report. and the
unaudited finan￿al statements lor Ihe financial year ended 30 April 2024.
The financial slalemen15 are prepared in accordance with the Companies Act 2006. FRS 102 "The Financial Reporting
standard applicable in the UK and Republic of Ireland" and Accounling and Reporting by Charities.. Slalement of
Recommended Practice applicable lo Qharilies preparing their financial slalemenls in accnrdance with the Financial
Reporting S18ndard applicable in the UK and Republic of Ireland IFRS 102).
The Directors, Report contains the information required to be provided in the Direcloi8' Annual Report under the
Statement of Recommended Practicè ISORP) guidelines. Thè directors of the company are also charily Iruslees for the
purpose of charity law and undei Ihe CA)mpan￿$ conslilulion are known as members of the board of Iruslees.
In Ihls ieport the directors ol Coalisland & Dislricl Developmont Association present a summary of its purpose,
governance, activities. achievements and finances for the financ￿1 year 30 April 2024.
The company is a registered charity and hèncA9 the report and results are presented in a form which complies with the
requifemenls of the Companies Act 2006 and, although not obliged to comply with the Statement of Recommended
Practice applicable in the UK and Republic of IrelarKI FRS 102. the organisalion has implemènled its recommendations
where relevant in Ihese financial sialements.
Structure, Governance and Management
Struclure
Coali51and & District Devglopmenl Association is a company limited by guarantee and does not have a share capital,
It is governed by ils Memor8rTrdum and Articles of Company. It is fecgonised as 8 ch8rily by HM Revenue & Custom5.
Board of Dlreclor8
Directors afe appointed or re-appointed 81 the annual general meeting, not more than fifteen months must lapse
betsveen the date ol one AGM and that of the nexl.
The Board of Dlreclor$ 8re listed on page 3. The board meetings are held on a bi-monthly basis. The directors ag￿e
the board slfategy and areas of actiwly. The day lo day Opofalions of the charity are handled by senior management
and staff. The direclors are not remun6r8led.
Rlsk Managemènt
The directors have actively reviowed Ihe major risks which the company faces and believe that achieving Ihe deyired
lovel of tenancy occupation of their units. combined wilh the annual review oflh8 controls over the key financial sy81ems.
w511 provide sufficienl resour¢es in the event of advefse conditions. They have also examined other business and
operational risks. which they face and confirm Ihal Ihey have esl8blished systems lo milig8te significant risks.
Rovl•w ol Actlvltles, Achl8vements and Porformance
The slalemenl of financial activitiès for the year is set out on page 10 of the financlal slalemenls. The net movement in
funds for the financial year is a deficit of £{244,502112023 sutpIu5 £6,078).
The main activities of the company are unchanged from the last year. as are the main funding SOUTces. The main
funding source is rental income. In Ihe coming year the directors are committed to driving the company forward by
retaining funding from current sources and lrySng to obtain addits.onal funding from new sources.
Flnanclal Re8uIts
At the end of the financial year the company has assets of £214,888 (2023 - £456,037) and liabilities of £15.84612023
- £12,493). The net assets ol the company have decreased by £{244.502)-
Resorves Posltlon and Pollcy
The charity's policy is lo relain a level of free Teserves which matches the neèd of the company, both at the current limo
and in the foreseeable future. Free reserves are those unrestricled reserves not invested in fixed assets, which are
available for general use.
The director3 are slriving lo secure reserves in the future su￿1Clent to meet commilled expenditure and Ihe running
costs ol the charity lor a period equivalent to g months annual expenditure. which equates to £267,64112023 £82,378).
The direclors believe that the period of 9 months is necessary in order that there is conlinuily of service and will continue
to work towards tho implemenlalion of this policy. At present the free reserves which amount to £132,260 12023
£375.782) are sufficient lo meel this level of spending.
The policy relating to reseThes is reviewed annually.

Coalisland & District Development Assoclation
IA company Ilmllod by guarantofr, not havlng a sharè capllall
DIRECTORS, ANNUAL REPORT
for the ffinanclal year ended 30 April 2024
Relerenco and Admlnlslratlve delalls
Co81island & Oislflct Development Association is ￿gIStered with the Charities Commission Nl, Chaiity Number
NIC105759 as a company limited by guaranlee and is registered with the Companies Registrar registration number
N117957. It is also recognised as a charity by HM Revenue and Customs XT2235. The directors and secretary of the
charity are listed on page 3. The principal and iegistered officE of the charity is also listed on page 3 togeth81 with th6
details of the professional advisors and bankers.
Dlre¢tor8
The directors who served throughout the financial year, except as noted. were as follows..
P81 O'H8nlon
Mr. J Corr
P McGirr
In a¢cordance wilh tho Constitution. Ihg directors retire by rotation and, being eligible. olfer themselves lor re.eleclion.
The secretary who served during the financial year was..
Mr. Mlchael Plunkett Daly
Compllance wlth Sèctor-Wld8 Leglslatlon and Standards
The company engages pro-actively with legislation, standards and codes which 8re developed for the sector. Coallsland
& Oislfict Development Association subscribes lo and is compliant with the following-
The Companles Act 2006
The Charities SORP (FRS 102)
Publlc Benellt
The committee believes that tho charitable company providos a publi¢ benefit by providing iraining $eNices for the
acquisition and development ofoccupalional skills amd work experbencé to advance edu¢alion and providè and maintain
employment, especially for young people. In particular, the charitable company provides job skills courses and
programs, aimed 8t gelling people ofl the unemploymenl register. The committee is fully aware ol the guidelines coming
Irom Ihe Charity Commission lor Northern Ireland. The committee believes Ihal 15 is operating entirely within Ih05e
guldelinos which hav6 been released so lar and il looks forward with confidence to the development of the charity's
wofk in Ihe province.
Taxatlon
As a charity, the company is able to recover most lax deducted at source from its investment income and Ss not li8ble
lor corporation lax on ils other income or on c8pitsI gains. Recovery Is therefore made of tax credits and lax deducted
from Income received und8r deed of covenant or gift aid.
Plan for future perlod8
The Charity has had lo deal wilh a certain level of disruption as a result of the fecenl Coronavius pandemic with some
lime lo pay arrangements made wilh tenants. As the reSIr￿lI0ns imposed begin lo ease, the Charily anliapale a relum
lo full service. ￿1191 the Board of Directors realise there may be an elemenl of uncertainty during the dbfficull limes,
the Charity has maintained an overall heallhy financial position and is therefore confident the Charity can continue lo
provide full se￿iCe going fofward. The Board of Directors will conlinue to plan for the delivery ol consislenl high quality
standards in relalion lo achieving the objectives as detailed above. Collectively Ihey will ensure Ihal those charged with
governan￿ or managemanl of the entity will be made awa￿ of their responsibilities. The charity will domonslrato that
il is using ils reSou￿e$ lo deliver ¢harilable a¢ts"vity and therefore public benefit in the best possible way in these
uncertain economic limes.
Resources will be managed in a cost elfeclive manner. Expenijiture will be strictly monitored and controlled wilhoul
compromising quality of soN(ce. Managemonl structures will bg kept under review and monitored lo ensure Ihal good
govemance prevails and exposure of ihe charity to risk is minimised.
Koy porformance Indlcators
Given the Straightfo￿ard nature of the business, the company's directors are ol the opinion that analysis using KPIS is
not necessary for an understanding of the development. perf0mlan￿ or position of the business.
Senlor managomont t¢2m
Chiof executive - R Thofnlon
Manager- Melanie Campbell

Coalisland & District Development Association
IA company Ilmltod by guarantoo, nol havlng a shor• eapllall
DIRECTORS, ANNUAL REPORT
for th6 financial year ended 30 April 2024
Small companle5' exemption
This report has been prepared in accordance with the special PTovision$ relating lo small companies within Part 15 of
the Companies Act 2006.
Approved by tho Board of Dlrectors on 25 Juno 2024 and ¥igngd on Its behalf by:
Pat o,
anlon
Dlrector

Coalisland & District Development Association
IA eompany Ilmlted by guaranlgo, not havlng o sharo Capllal)
STATEMENT OF DIRECTORS. RESPONSIBILITIES
for the financial year ended 30 Apiil 2024
The directors are ￿spOnSible for prepartng the financial slalemenls in accordancE with applicable law and regulations.
Company law requires the direclors lo prepare financial slalemenls for each financial year. Under that law th& directors
have elected to prepare the financial slalements in accorclance with United Kingdom Generally Accepted Accountin9
practi￿ (United Kingdom Accounting Slandards and applicable law} induding FRS102 "The Financial Reporting
Slandard applicable in Ihe UK and Republic of Ireland" Under company law the difectors musl not approve the financial
statements unless they are satisfied that they give a Irue and fair view of th8 slate ol affairs of th& company and of the
net income or expenditure of the (x)mpany fof that period.
In preparing these financial slalements, Ihe directors are required to=
select suitable accounling policie5 8nd apply them consistently.,
make judgemenls and eslimales that are reasonablè and prudent:
stala whether the financial statements have been prepared In acLordancè with th8 relevant financial roporting
Iramowork. identify those st8ndards, and note fhe effect and the reasons for any material departure ffom those
standards, and
prepare the financial statements on the goin9 concem basis unless it is inappropriate to presume Ihal the company
will continue in operation.
Tho directors confimi that they have complied W￿1h the abovè requlrements in preparing the financial slalemenls.
The directors are r6sponsibl6 lor keeping ad8qU8le accounting records that are sufficient lo show and explain the
company's Ir8ns8clions and disclose wilh reasonable accuracy al any lime the financial position of the company and
enable Ihem to ensufe that the financial statements comply with. They are a150 responsible lor safeguarding the a5sels
of Ihe company and hence for taking reasongble steps for Ihe Pfevenlion 8nd deteclion of fraud and other irregularilies,
Approved by the Board of Dlrector8 on 25 June 2024 and Slgned on Its behall by..
t O'Hanlon
Dlr•ctor

Coalisland & District Development Association
IA company Ilmlled by guarantoo. not havlng a share capilal)
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF
DIRECTORS OF COALISLAND & DISTRICT DEVELOPMENT
ASSOCIATION
We have examined the financial slatoments of the company lor the financial year ended 30 April 2024. which compriso
tho Slalemenl of Fin8ncial Aclivilles (incorporating an IncLKne and Expenditure Ac￿Unt>, Ihe Balance Sheet and the
related notes.
This report is made solely lo the company's members, as a body. in accordance wilh Chapter 3 of Part 16 of the
Companies Act 2008. Our work has been undertaken so that we might compile Ihe finanual slatemenls that we have
been engaged lo compile, report lo the Board of Directors that w6 have done so, and slate Ihose mallers that wa h8V8
agfeed lo stale lo them in this report and for no olhei purpose. To the fullesl exlent pemiilled by law, we do not accepl
or assume responsibility to anyone olheT than Ihe company and the company's members, as a body, for our work, or
for this feport.
Rospo¢llve re8ponslbllltle8 of dlroctors and gxamlner
The company's Iruslees {who are also the direclots of the company for the purposes of company law) are responsible
for tha preparation of the financial slalemenls in accordane£ with tho requlramenls of the Companies Act 2006. The
company's directors considef that an audlt is not ￿￿lre0 (or this financial year under Chapter 3 of Part 16 of the
Companies Act 2008 and Ih8t an Independent examination is required.
It is our responsibillty to-
examine the financial 51alemenls under section 65 of thé Chafilies Acl-.
follow Ihe procedures laid down by the general Directsons given by th8 Charity Commission for Northern Ireland
under se¢lion 6519llbl of the Charities Act.. and
slate whethèr particular mallers have come lo our attention.
Basis of Independont examln•rf¥ report
We have examined your company financial slalemenls as required und8f seclion 65 of the Charities Aol and our
examination was carried out in 8ccordanoe with the general Directions given by the Charity Commission for North8rn
Ireland undef section 65{9}{b) of the Charilies A¢1. An examination includes a ravi6w of Ihe accounling records kept by
the company and 8 comparison of Ihe financial stalemonts p￿sented with those records. It also Includes consideration
of any unusual items or disclosures in the financial stalemenls and seeking explanalions from the directors concerning
any such matlers. Th8 Procedures undertaken do not prov(de all the evidence thal would be requi￿￿ in an audit and
consequently no opinion is given as to whether the accounls present a 'lrue and fair, view and Ihe report is limited lo
those mallers sel out in the slalemenl below.
In connection with our examination. no matter has come to our 811ènlion which gives us cause lo believé that in, any
maler¢al respect..
accounting records were not kept in accofdance wilh section 386 of Ihe Companies Act 2006
the financial slalements do not accord with Ihose accounling records
the financial slalements have not beon prepared in accordance with the accounling requiremenls of Section 396 of
the Companies Act 2006 and with the methods and principles of thè Slalemenl of Recommended Practice applicable
to charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and
Republic of Ifeland IFRS102>
there is further infomialion needed for a proper understanding of the accounts lo be reachod.
Indepondent examlner's ststement
We hav8 no concerns and have come across no other matters in connection with the examination lo whlch allonlion
should be drawn in this report in order lo enable a proper understanding ol the financial sl8lemen15 lo be reached.
D AoAkx + r,
MCDO
ALD O'NEILL & CO
Chartered Accounlanls and Stalulory Auditors
5 Union Building5
Union Place
Dungannon
Co Tyrone
BT70 1 DL
Norihern Ireland
Date: 25 June 2024

Coalisland & District Development Association
IA Company Ilmllg¢1 by guaranlee, not havln9 a sharg capllal)
STATEMENT OF FINANCIAL ACTIVITIES
Ilncorporallng an Income and Expondilure Account)
for the financial year ended 30 April 2024
Unrostricted
Funds
2024
Total Unrestricted
Funds
Funds
2024
2023
Total
Funds
2023
Notes
Incomlng R8sour¢es
Activities lor generating furKIs
Other income
107.260
6.603
107,260
5,503
112.438
3.477
112.438
3,477
Total Incomln9 resources
112,763
112,763
115,915
115,915
Resources Expended
Raising lunds
Other expendiluro
366,854
385
356,854
J86
109,837
109,837
Total Re$ourco8 Expènded
357,239
367,239
109,837
109,837
Nèt Incomlngloulgolng re80urce8 beloro transfers
1244,4761 (244,476)
6,078
6.078
Gross transfers behveen fvnds
Net movement In fund8 for tho flnanclal ygar
(244,476) 1244,4761
6,078
6,078
Reconclll8llon of fund8'.
Total funds beglnnlng of th8 year
14
443,644
443,644
437.466
437.466
Total lund• at Ihe end of the yoar
199,042
199,042
443,544
443,544
The Slaloment of Financial Aclivilies includes all gains and losses recognised in the financial year.
All income and expendilufe relate to continuing 8clivib&s.
The notes ￿ pages 1110 15 foim pa(1 of Ihe financlal slalemenls

Coalisland & District Development Association
{A company Ilmlted by guarant¢e. nol havlng a sharè eapltal)
Company Number.. N1017957
BALANCE SHEET
as al 30 April 2024
2024
2023
Notes
Flxed Assets
Tangible assets
66.782
67.762
Curronl ABsets
Stocks
Deblors
Cash at bank and in hand
10
11
385
38,622
349,268
32,3BO
115.726
148.106
388,275
Credltors: Amounts falllng due wlthln one year
12
(15,B461
{12,493}
Net Current As8ot8
132,260
375,782
Total A85et8 less Current Llabllltles
199,042
443,544
Fund8
General lund (unreslricled)
199,042
443,544
Total fund8
14
199,042
443,544
These financial slalemenls have boen prepared ID accordance with the special provisions relating to small companies
within Part 15 of the Companies Act 2006.
For the financial year ended 30 April 2024 the company was enlilled to exemption from aLKlit under section 477 of the
Companies Act 2006,. and no notice has been deposited under section 476.
The dire¢lors confirm that the members have nol required the company to obtain 8n audit of ils fin8nual slaloments lor
the financial year in question in acAx)rdance wilh section 476 of the Companies A¢1 2006.
Th8 directors acknowledge Ihelr responsibilities for ensuring that the company keeps accounting records which cLJmply
with section 386 and for preparing financial stslements which give a true and fair view of the state of affairs of the
mpany as al the end ol the financial year and ol ils piofit and loss for th@ financlal year in accordance with the
r6quiremenl$ of sections 394 and 395 and which olheNiso comply with the requiremenls of the Compani88 Act 2006
relating to finanGial Statements, 80 far a5 applicable to Ihe company.
Approved by tho Board of Dlre¢tor8 and au¢hor180d for Issuè on 25 June 2024 and slgned on Its behalf by
Pat O'Hanlon
Dlrgctor
The rw)tes on pages 11 10 15 fom) part of the fin8ncaal slalemenls
10

Coalisland & District Development Association
{A company Ilmlted by guarantee, not havlng a share capltall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 April 2024
GENERAL INFORMATION
Coalis18nd & District Development Association is a company limited by guaf8nlee incorporated in Northern
Ireland. The registered Offi￿ of the company is 51 Dungannon Road. Coalisland, Co Tyrone, BT71 4HP,
Northern Ireland which is also the principal pla￿ ol business of the company Tho financial slalements have
been presented in Pound (£) which is also the fvnctional curroncy of th8 company.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The lollowing accounting poliues have been applied consislenity in dealing with items which are considefed
m818rial in relation to the ¢hanty's financial stalemenls.
Basis of preparatlon
The financial slalemenls have been Pfepared on Ihe going concern basis undef the hislorical cosl conventron,
modified lo include certain items al fair v81ue. The financial slalemenls have been prepared in accordance with
the Stalèmenl of Recommended Practice ISORPI "Accounting and Reporting by Charities preparing Iheir
accounts in accord8n¢e with the Financial Reporting Standard applicable in the UK and Republic of Iieland FRS
102"
As permilled by the Companies Act 2006. the C¢)mp8ny has varied the sland31d formals in that act for the
Statement of Financial Activities and the Balance Sheet. Departures from the standard formals are lo comply
with Ihe ￿qUIrementS ol the Charilies SORP and are In compliance with section 4.7, 10.6 and 15.2 of Ihal
SORP.
St8tom8nt ol ¢ompllancè
The financi81 slalemenls of Ihe company for the financial year ended 31 December 2017 have been prepared
on the going concern basis and in accordance with Ihe Slalement of Re(x)mmonded Practice ISORPI
"Accounting and Reporting by Chafilies Pfeparing their ac¢ounts in accofdance with Ihe Financial Reporting
Standard applicable in the UK and Republic of Ireland FRS 102"
ash flow 8latement
The company has availed of Ihe exemption in FRS 102 from the requirement to produc* a eAsh now slalemenl
because it is classified as a small company.
Fund accountlng
The following are th8 calegorises ol fvn(Is maintained..
Restrlcted fund8
Reslricled funds are funds which are lo be used in a¢¢ordance with specific restrictions imposed by donors Of
which have been raised by the group for particular purposes. The cost of ralsing and administering such funds
are charged against the specific lund.
Unre8trl¢tod fund8
Designated funds are unreslricled funds of Ihe group which the Directors have decided al their discretion lo sel
aside for a Specific purposo.
Incomlng Resources
Volunlary income or capital is included in Ihe Slalement of Financial Actiwties when the company is legally
entitled lo it, ils financial value can be quantified wilh reasonable cerlainty and there is reasonable certainty of
ils ulliEr816 receipt. Enlillemenl lo legacies is considered 8slablished when the company has been notified of a
distribution lo be made by lh6 execulors. Income reckived in advance of due perlomance under a conlracl is
accounted for as defeiied income until earned. Grants for aclivilies are recognised as income when Ihe related
conditions for legal entitlemenl have been mel. All other income is accounted for on an accrua15 basis.
Resources Expended
All resources expended are accounted for on an accruals basis. Charilable activities include costs of services
and grants. support costs and depreciation on related assets. Costs of generating funds Similarly include
fundraising activities. Non-slalf costs not allfibuted to one calegory of activity ale allocated or apportioned PfO-
rata lo the staffing of the ￿levant service. Finance. HR. IT and adminislralive slalf costs are directly allribulable
to indivldual acliwties by objeclive. Governance costs are those associated with conslilulional and slalulory
requiremenls.
11

continued
Coalisland & District Development Association
IA Company Ilmllgd by ouaranloo, not havlng a share capltall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 April 2024
Tangltslo flxed a88et8 and depre¢latlon
Tangible fixed assets are slated al C￿St or at valuation. lèss accumulated depreciation. Tho charge lo
depreciation is calculated lo write olf the original cost or valuation ol tangibl8 fixed assets, less their estimated
re5￿Ual value. over their expected useful lives as follows..
Land and buildings freehold
Plant and machinery
Fixtures. fillings and equipmenl
5% Straight line
200/0 Slraighl line
20Yo Slraighl line
Debtor8
Debtors are recognised 81 the setllemenl amount due after any discount olfered. Prepayments are valued al
th8 amount prepaid nel of any trade discounts due. Income recognised by the company from government
agencles and other co-fvnders. but not yel received at year end, is included in debtors.
Cash at bank and In hand
Cash al bank and in hand comprises cash on depo$it al banks iequiring less than three months noti¢e of
withdrawal.
Taxatlon and doferred taxatlon
No Cufrent Qf deferred laxalion arises as the compeny has been granted chafilable exemplion. Irrecoverable
V81ued 8dd8d tax is expensed as incurred.
Delerfed lax is recognised in respect of all liming differences Ihal have originated but not reversed 81 the balance
sheet date where transactions or events have OCCUfred al that dale Ihal will re8uII in an obligation lo pay more
lax in the future. or a right to pay less tax in the future, Timing diffefences are temporary dillerences between
Ihe company's taxable income and ils results as slated in the financial statements.
Deferred lax is rne8su￿d on an undiscouftted basis at the lax rates Ihal a￿ anticipated to apply in the periods
in which the liming differences 8re expected to feverse. based on lax rales and law8 that have been enacted or
subslaniively enacted by the balance sheet date.
INCOME
OTHER TRADING ACTIVITIES
Unro8trl¢tod Restrlcted
Funds
Funds
2024
2023
Rental Income
107,260
107.260
112,438
OTHER INCOME
Unrastrl¢lod R•¥trl¢ted
Fund8
Funds
2024
2023
Other income
5,503
5,503
3,477
EXPENDITURE
RAISING FUNDS
Dlrocl
Co8t8
Othor
Cog18
Support
Costs
2024
2023
Resour￿5 Expended
356,854
356,854
109,837
12

continued
Coalisland & District Development Assoclatlon
(A company Ilmllèd by guaran¢e&, not havlng a shar• capltal)
NOTES TO THE FINANCIAL STATEMENTS
for Ihè finarTrclal y6ar ended 30 April 2024
SUPPORT COSTS
Cost of
Ralslng
Funds
2024
2023
Property Costs
Depreciation
Operating Costs
Slalf Costs
22,494
980
282.316
51.064
22.494
980
282,316
51,064
21,672
1,423
49.013
37,729
J66,854
356,854
109.837
ANALYSIS OF SUPPORT COSTS
Basls of
Apportlonmont
2024
2023
Propety Costs
Depreciation
Opereting Co$1$
Staff Costs
U$8ge
Usage
Usage
Staff Time
22,494
980
282,316
51,064
21,672
1,423
49.013
37,729
366,854
109,837
NET INCOMING RESOURCES
2024
2023
Net Incomlng Re8ource8 are Stated after ¢h4rglngl(¢r&dltlng):
Deprecialion of tangible assets
980
1,423
IhlVESTMENT AND OTHER INCOME
2024
2023
Bonk interest
2,376
664
EMPLOYEES ANO REMUNERATION
Number of employees
The average number of persons employeil (including executive direclorsl dunng Ihe financial year was as
follow8.'3
2024
Number
2023
Number
Adminislralion
The staff costs comprise..
2024
2023
Wages and salaries
Pension costs
48,135
2,929
35,888
1,841
51,064
37,729
13

eonlinued
Coallsland & District Development Associatlon
{A company Ilmlled by guaranig9. not havlng a sharfr capltall
NOTES TO THE FINANCIAL STATEMENTS
lor the financial year ended 30 April 2024
TANGIBLE FIXED ASSETS
Land and
bulldlng$
freehold
Planl and
Flxluros.
maehlnery Ilttlngs and
oqulpment
Total
Cost
AI 30 April 2024
2.323.450
10.827
131,115
2,465,192
Dopreclallon
At 1 May 2023
Charge for the financial year
2.255,688
10.627
131,115
2,397,430
980
AI 30 April 2024
2,256,668
10.627
131,115
2,398,410
Net book value
At 30 April 2024
66.782
66,782
At 30 April 2023
67,762
67,762
10.
STOCKS
2024
2023
Finished goods and goods for resale
385
11.
DEBTORS
2024
2023
Trade debtors
Prepayments and accrued income
10,481
21,899
18,243
20,379
32,380
38,622
12.
CREDITORS
Amounts falllng due wlthln one year
2024
2023
Trade creditors
Taxalion and social security costs
Other credilors
Accru818 and deferred income
1,052
3,112
313
11,369
520
8,290
938
2,745
15,846
12.493
43.
RESERVES
2024
2023
Al the beginning of the yesr
(Deficilllsurplus for the financial year
443.544
(244,5021
437,466
6,078
At Ihe end of the year
199,042
443,544
14

conlinued
Coalisland & Dlstrict Development Assoclation
IA company Ilmlled ljy guaranleo, not havlng a sharo ¢apilall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ènded 30 April 2024
14.
FUNDS
14.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unrostrlcted
Funds
Total
Fund$
Al 1 May 2022
Movement during the financial year
437.466
6,078
437,466
6,078
AI 30 April 2023
Movemenl during ihe finanaal year
443,544
1244,5021
443,544
{244,502)
At 30 April 2024
199,042
199,042
14.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balanee
1May
2023
Incomo Expondlturn
Transfers
botwgon
lundg
Balance
30 Aprll
2024
Unre8trlcted fundg
G6neral
443.544
112,737
357,239
199,042
Total fund8
443,544
112,737
357,239
199,042
16.
STATUS
The company is limited by guafanlee nol having a share capital.
The liability of the members is limited.
Every member of the company undertakes lo contribute to the assets of the company in the event of ils being
wound up while they are members. or within one year thereafter, for the payment of the debts 8nd li8bililies of
th8 cnmpany conlfacted before they ceased to be members, and the costs, charges and expenses of winding
up. and for the adjustment ol the righls of the conlribulors among themselves, Such amount as may be required,
not exceeding £ 1.
15

COALISLAND & DISTRICT DEVELOPMENT ASSOCIATION
IA company Ilmited by guarantoo. not having a shar¢ ¢apllall
SUPPLEMENTARY INFORMATION
RELATING TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 APRIL 2024
16

Coalisland & District Development Association
(A company Ilmlt•d by guaranlots, not havlng a share ¢apll4
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS
Operating Statement
for th6 financial y82r ended 30 April 2024
2024
2023
Income
110,361
115,251
Cost of generallng funds
Opening stock
385
385
386
385
{385}
Closing stock
385
Gr088 gurplu8
109,976
115.251
Expgn$es
Wages and salafies
Slalf defined contribution pension costs
Rates
Insurance
Light and heal
Repairs and mainlenance
Printing. postage and slalion8ry
Advertising
Telepl)one
Travelling and entertainment
Legal and profes$lonal
Consullaney fees
Ac¢ounlan¢y
Bank charges
Bad debts
General expenses
Subscriptions
Doprecialion
48,135
2,929
971
21,623
16,565
241,094
235
120
373
4,476
380
7,000
2,150
322
8.641
330
630
980
35,888
1,841
811
20,861
9,830
21.988
295
429
3,988
1,444
7.000
2,150
282
1.174
349
84
1,423
356,854
109,837
Mlscgllaneous Income
Bank interest
2,376
664
Net (dellcltllsurplu8
{244.5021
6,078
The supplementary infomalion d￿$ not lom part ol the financial statements
17