REGISTERED COMPANY NUMBER: N1034969 (Northern Irèland)
REGISTERED CHARITY NUMBER: 105761
Reporl of the Trustees and
Finan¢ial Slalements
for the Year Ended 31 March 2¢24
for
CUAN MHUIRE IfsAII LIMITED
M,B,Mc Grady & Co
Chartered Ac¢ounlant5
Slatulory Auditors
Ralhmore Housè
52 $1 Palri¢k$ Avenue
Downpalri¢k
Co. Down
BT30 6DS

CUAN MHUIRE INI) LIMITED
Contènts of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2021
Page
Report af the Trusteeg
Report ol the Independent Auditors
6 to 9
Statement of Financial Activities
io
Balance Sheet
Cash Flow Staternent
12
Notes to the Cash Flow Slatement
13
Notes to the Financial Statemenls
14 10 22

CUAN MHUIRE INI) LIMITED (REGISTERED NUMBER: N1034969}
Report of the Trustees
FOR THE YEAR ENDED 31 MARCH 2024
The Irusleès who are also directors of Ihe Charity for the purposes of Ihe Companies Aet 20061 pre$enl their report with
the financial slalements ol the charily for the yèar ended 31 Mar¢h 2024. The lyusteès have adopted the provisions ol
A¢¢ounlin9 and Reporting by Charities: Slatement of Re¢oMmended Practice applicable lo ¢harilies preparing Iheir
aecounl$ in a¢¢ordan¢8 wilh tho Financial Reporling Slandard applicable the UK and Republic of Ireland (FRS 102)
(effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
ObJe¢tives and aim$
Thg eharily s mission slalement 1$ as f¢llow$:
Cuan Mhuire is a way of life, It is fo¢u5ed on serving Christ in the person $uffering from addi¢lion and 11$ effects, We
are wholly inelugive and embraee those who feèl marginalised and unloved, The Cuan Mhuire Community seeks lo help
all lo discover their giflednes$ and their irtfinile value. Cuan Mhuire provides a lived experien¢e of home, familyi and
belonging. We are always allentive lo providing the highesl ilandards of excellence for those for whom wè provide ¢are
and $upporl.'
The company's objects are to promote the reliel of si¢kne55 and in parli¢ular to relieve persons wilhoul regard lo age
sex, race, religion or creed who are sufferirtg from dependeneè on al¢ohol or any other drug or from any illnesS1
infirmilyr disabilily gr disèase atlribulablé to resulting from or in any way conne¢led with su¢h dependen¢e.
The slralegies employed lo as1181 the ¢harity to meel these obie¢tives Included the following:
Providing support and residential pro9rammes relaled lo the problems of dependence,
Providing aftercare for ex residents,
An oulreach programme 1$ provided lo schools and collo9e$ and other interested and concerned parlie$.
Foeusing upon limiting Ihe harm which comes wilh dependen¢e,
Working towards applying nalional slandards lo sèrvice and the implemenlalion ol the national oceupational slandards,
Workirtg in partnership with other agencie$ to seeure Ihe wides1 range of servi¢es is available Ihal bes1 matehes Ihe
needs of 11$ client'$ population.
Publie benefit
Cuan Mhuire offer$ a place of rehabililalion and support to those with addiction issues. The charily operate5 an open
door approach in which admission lo Ihe residential programmes ¢an be accessed thvou9h communily addietion
ieivioe$i hospitals and individuals IheMselve9.
On admissioh Cuan Mhuire provTdes a $afè and $lru¢tured envirortment in which a residential rehabilitation programme
TS dolermined either through a Iwelve week alcohol and gambltng programme or a twertly week drugs programmè. An
inlegratad care programme is eslabliihed throughout Ihe individual's involvement with Cuan Mhuire Irom the point ol
enlryi to ¢OMplelion of Ihe programme and lo their reinle9ralion into the comrnurtily,
Cuan Mhuir8 has a residential capacily of ninely.two beds at their lo¢ation ott Ihe Dublin Road, Nèwry, Wilh5n the year
421 individuals availed of Ihe charily's rehabililalion pigrammes of whi¢h 94 /0 ol Ihe$e individual$ sought help from
al¢ohol and drug related i$$￿e$.From the lolal adMiSSiaM$ 67•/• compleled their individual programmes though Cuan
Mhuire ¢onlinues lo strive lo meel Ihe need$ af tho$e who, for one rea$on or another, did not slay with their programme
to ¢oMpletion.
The eharity provide$ Care and $upporl lo individuals at each stage of their involvement in the rehabililatiotr) programme
and this exlends lo Ihe provision ol aftercare ¢are $ervi¢es, Cuart Mhuire considers aflerear6 lo play a vilal part the
poSt￿re51d¢￿tS road to recovery. To this extent during Ihe year Cuart Mhuile regi$tèred 3 200 altendees to their Dublin
Road ¢enlro and OLtlrea¢h eenlres in Belfast and Omagh for afler¢are supporl and guidan¢•.
Cuan Mhuire $aeks to Continue Iheir rolo WTlh the Community lo bring support lo those with addi¢tion is$ues and lo
en9ur8 that all Iho$e with addiction issue$ know Ihere is someon& there for them.

CUAN MHUIRE INI) LIMITED (REGISTERED NUMBER. N10349691
Report of the Trustees
FOR THE YEAR ENDED 31 MARCH 2024
STRATEGIC REPORT
Prin¢ipal funding $our¢es
The principal funding $ouice$ for Ihe eharily are IIHeallh & Soeial Care Board (HSCBI and Ilsupporling Peoplè,,
In¢luded wilhin incoming resources is a lolal of £q65,000 reeeived from the Health & So¢ial Care Boaid wilh £424 970
from SupporlTng People, Other funding comes from Ihe Northern Ireland Housing Exe¢ulive and Ihrough voluntary
¢onlribulion$ from residenls.
Funding wa$, alsoi received from the Magill Trust of E12 480 logether with £2,400 from the Community Development
& Health Network to aid the ¢harily'$ ongoing obje¢tive$ of Support and guldaneo lo Ihose wilh addielion i53ues.
CLtan Mhuire also relied upon funding reoeived Ihroughout the finan¢ial year from donation$ and fund raising aclivilies.
Investment policy and objective$
Aside from r8lainin9 a prudent amount in reserves ea¢h year mosl of the eharilylg funds are lo be spent in Ihe short term
$0 there are few fund$ for lon9 term inveslrnenl.
Reserves poli¢y
The Direetors and Ihè Lo¢al Leadership Group has examined Ihe charity's requirement$ for reserves in light of Ihe main
risks lo the organisalion, 11 has established a policy whereby Ihe unreslrioled funds not Committed or invested in tangible
lixed assets held by Ihe ¢harity Should be belween 3 and 6 months expenditure, Budgeted expendilure for 2023124 19
approximately £1,275,000 and therefore the target 1$ belweett 2318,750 artd £637,800 of general unreslricled funds. The
¥eserve9 ara required lo meel nol only thè working eapilal requirements of Ihe charity bul also in ¢oryun¢tion with the
developmenl project as des¢ribed im the below paragraph.
The actual reserve4 al 31 March 2024 amount lo £767,868 whieh exceeds the average largel figure of E478 125 for
unreslricted funds. In ¢aleulaling re$èYves Ihe net book value of fixed asset$ held (£7,668,828) have been gxcluded. This
$uipa$8ed the policy largel of 3 10 6 Months.
The Direclors are aware of Ihe evenl$ o¢¢urrin9 Within Ihè finan¢ial year and will ¢ontinue lo keep under ¢onslant
review. 11 remains Ihe strategy of the ¢harity to Cohtinue lo build re$erve$ and apply re$our¢os lo the eharity $ gbjeclives
and mii$ion.
DEVELOPMENT
The can$trtJ¢tion of additional long term residential a¢¢oMmodalion which continued in Ihis finan¢ial year wa$
ompleled and formally opened on 28 June 2024, The newly opened accommodation at Iho charl1￿5 lo¢aliott on Ihe
Dublin Road will provide Iwelvo two bèdroom aparlmenls, This accommodalion will provide urgenlly needed support
lor Iho$e who are homeles$ or for those who nèed additional lime as parl ol thè eontinuum of $upporl that su$lain$
re¢oveiy and minimises relap$e to Iheir addiction.
Thi$ ig referred to in nole18 of Ihe Financial Slalements,
In going forward the ¢harity has Iccused their altention on both the physical and mental well.being of Iheir $ervi¢e usèr5
as an extension lo their rehabilitation pro9raMmè. With suppoil Irom benefaetor$ Cuan Mhuire havo developed and
¢reated a stale of Ihe art gym allowin9 re$idenls a place where Ihey havè space to Ihemselv8$ during Iheir rehabililalion
lime wilhin Cuan Mhuire,
To ensure the ¢onlinuily of Ihe quality of Ihe rehabilialton programmès provided Cuan Mhuire underlakes Iho 5ervi¢es of
CHKS a leading health and social care assurance and ac¢redilatioh ¢ompanyr to annually assess thè eharily
performan¢0, Accredilalion was awarded by not only CHKS but al$0 by ISO on their programme delivery to service
U8ars,

CUAN MHUIRE {NI) LIMITED IREG15TERED NUMBER: N1034989}
Report of the Trustees
FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing do¢umèht
The company'$ name is Ilcuan Mhuire (Nll Limiledll
The organisation is a eharilable company limiled by guaranlee incorporaled on the 5th Oclober 1998 and regislered as a
eharily in 1998. The Company was eslablished und#r a memorandum of assoeiation whi¢h established Ihe obje¢ls and
powers of thè charitable company and 1$ governed under 11$ Articleg of A$s0¢ialion. In Ihe Èvent of the Company being
wound up members are iequired to ¢onlribult an amount not ex¢eeding £1,
The Director$ of Ihe Company for the purpoies ol charity law and under the company's arli¢les of asso¢ialion shall
manage the bu8ittess of the Company and exerci$e all the power$ of Ihe company. Ea¢h year a director ihall retire by
rolalion, Mr Leonard Duffy will relire by rotation and being èligible offer$ himself for re.election. Due lo the nature ol
the charity s work the Director$ seek lo ensure Ihal the need$ of thè servi¢e user$ are appropriately rtlle¢ted though the
diversity of the dire¢lors. To enhan¢e thi$ Directors ale saught who have an intere$l and understanding of the charity s
work.
Organi5ational slruclure
Management eonsisls of ei9hl Diyeelors and a Chsef Execulive. In addition lo the directors the Company has a Board of
Truslee$ who delegate Ihal all operations of the company are managed by Ihe Board of Directo¥g. Tha Local Leadership
Group and Slaff meetings Monilor finan¢e, health and safely and other matters Ihat are Ihe responsibility of Ihe charity,
The day to day iunning of Ihe ¢enlre 1$ under the eonlrol of a Manager who ha$ designated re5ponsibilily for parli¢ular
tasks, The manager also has responsibility for Ihe day lo day operational management of the cenlre, individual
$upervision of the $lafl team and ensuring that the team ¢ontinue lo develop Iheir skilli and working practices in line
wilh gcod pra¢lTCè.
Inductlon and training of new trustees
The Trustee$ are familiar with the pra¢li¢al work of the charity. Additionally new Iru$lee$ are invited and encouraged lo
familiarise Ihemselves wilh thè work of the ¢harity and in the context within which il operale$,
Related partiei
In go far as il is complimentary to the charity s obje¢lsi the eharity is guided by both local and nalional policy,
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
N1034969 (Norlhern Ireland)
Registered Charity number
108781
Registered office
200 Dublin Road
Newry
Co. Down
BT35 8RL

CUAN MHUIRE (NI) LIMITED (REGISTERED NUMBER: N1034969)
Report of the Tru$lee$
FOR THE VEAR ENDED 31 MARCH 2024
Tru$teo5
L Duffy
G Wallace
Ms M Hughès
Dr F Sheehan
P O'Donoghue Soli¢ilor
Sr C Filxgerald
O M¢Conville O¢¢updlion Counsellor
M$ M Doran Registered Nurse
C Murphy Membev of the Legislative Assembly lappoinled 2711012023)
Non dire¢tor trustees
O Ccndon
P Olconnor
N Smith
Company Secretary
Ms K B8nnelt
Auditors
M,B.Mc Grady & Co
Chartered A¢counlanl$
Slatulory Auditor$
Rathmore House
52 St Palrioks Avenue
Downpalrick
Co. Down
BT30 6DS
Banker$
Danske Sank
58 Hill Slreel
Newry
Co.Down
BT34 4BD
STATEMENT OF TRUSTEESI RESPONSIBILITIES
The Iruslees (who are also the dire¢lor$ of Cuan Mhuire (Nll Limited lor the purposes of ¢ompany law) are responsible
for preparing the Report of the Truslees and the financial $lalemenls in a¢¢ovdan¢e with appli¢able law and United
Klngdom Accounting Standards (Uniled Kingdom Gènerally Ac¢epled Accounting Pra¢tice).
Company law requires the trustees lo prepar& finafjeial 8lalemenls for each financial year which give a Irue and fair view
of the Slale of affairs ol the charitable Company and of the incoming resources and application of re$our¢e$, including
Ihe income and expendilure, of the eharilable company for that period. In preparing Iho$è linan¢ial statemenls, Ihe
trustees are required to
$ele¢t suilablo a¢¢ounling poli¢ie$ and then apply them ¢onsislehllyi
ob$erye the methods and principles in the Charity SORP.
Make judgements and e$liMate$ that are rea$onable and pyudenl.
stale wholher appli¢abl8 accounling slandards have been followed, Subject to any material deparlure$ disclosed and
explained in the financial slalement$'
prepare the finan¢ial slalemenls on Ihe going concèrn basis unles$ it 19 inappropriate lo presume that the charitable
company will Continue in bu$lness.

CUAN MHUIRE INI) LIMITED (REGISTERED NUMBER: N1034969)
Report of the Tru$lee$
FOR THE YEAR ENDED 31 MARCH 2024
STATEMENT OF TRUSTEE51 RESPONS131LITIES . Continued
The Iruslees are responsyble for keèping proper accounting records which dis¢l0se with Yeasonable accura¢y al any lime
the financial po$ilion of the Charilable company and to enable them to eh$ure Ihat Ihe financial slalemènt$ Comply wilh
the Companies Act 2006, They are also responsible for safeguarding the assats of Ihe Charitable company and henee for
taking reasonable $lep$ for Ihe prevention and deleelion of fraud and othér irvegularilies.
In $0 far as the Iru$lee$ are aware.,
there is no relevant audil infoimalion of which the charitable company s auditor$ are unaware. and
the Iru$lees have taken all steps that thèy ought lo hav6 taken lo make Ihemselves aware of any relevant audil
infarmation and lo establish Ihat the auditor$ are aware of that information.
AUDITORS
The audilorsi M.B,Mc Grady & Coi will be proposed for rè.appoinlment al the forlheoming Annual General Meeting.
Reporl of Ihe trustee5, in¢orporating a slralegi¢ reporti approved by order of Ihe board of Iruslees, a$ Ihe ¢ompany
direelors, on 4 October 2024 and signed on Ihè boardls behalf by:
MS K Bennelt . Se¢retary

Report of the Independenl Auditors to the Trustee$ and Membèrs of
Cuan Mhuire INI) Limlted (Registered number: N10349891
Opinion
We have auditsd the financial Slatemenls ol Cuan Mhuire (Nl) Limited (Ihe leharitable ¢OMpany') for tho year ended
31 March 2024 which comprise the Slatement of Financial Aclivittes the Balan¢È Sheèt, the Cash Flgw Slalement and
notes lo thè linancial slaleMenl$ in¢luding a 4UMmary of significanl accounting policies, Thè finan¢ial reporlin9
Iramèwork that has been applied in their preparalion is appli¢able law and United Kingdom Accounting Slandards
(Uniled Kingdom Generally A¢¢epled Accounting Practice),
In our opinion Ihe linanoial slalemenls:
give a true and fair view of Ihe slate of Ihe ¢harilabl8 eompany s aflair$ as at 31 March 2024 and of 11$ incoming
resour¢e$ and application ol resour¢es, including ils income and expendilure for the year Ihen ended.
have been properly prepared in accordanee with United Kingdom Generally Accepted Accounting Pracli¢e; and
have been prepared in acecrdan¢e wilh the requirements of the Companies Act 2006,
Basis for opinion
We ¢onducled our audil in ae¢ordan¢e w¥lh Inlernalional Standards on Auditing (UK) (ISAS (UK)) and applicable law,
Our respohsibllities under Ihosè standards are fuilher described in Ihe Auditors re$pon$ibililies for Ihe audit of the
financial slalemenls section of our report. We are independent of the charitablè Company in accordanee with Ihe elhi¢al
requirements that are relevartl lo our audit ol Ihè financial slalements in the UK, including tho FRC'S Ethical Slandard,
and we have fulfilled our other elhical responsibilities in accordance with Iheie requirements, We believe that Ihe audit
èvidence we have obtained 51 $ufficienl and appropriato lo provide a ba$1$ for our opinion.
Con¢lugion$ relating to going eon¢8rn
In auditing the financial slalemenls we have coxeluded Ihat the Iruslees, use of Ihè goin9 ¢on¢ern basis ol ac¢ounling in
the preparation of Ihe financial $tatemenl$ is appropriale,
Based on tho work we have performèd we have not identified any material tlncerlainties relaling to events or QDndilioni
Ihal individually or ¢ollectivelyi May cast iignifi¢anl doubt on Ihe charitable company'$ ability lo ¢ontinue as a goin9
Concerrt for a period of at least twelve monlhs from when Ihè finan¢ial sldlemenls are aulhorised for ig$uè.
Our responsibilities and Ihe responsibilities of Ihe trustees with respect Io going concern are described in Ihe relévanl
$e¢lion$ of this reporl.
Other information
The Iruslees are responsible for the olhtr inloymation. The ¢lher information ¢ompri$e$ the informalion included in Ihe
Annual Report, other Ihan Ihe financial slalemenls and our Report of Ihe Independenl Audilors Ihereon.
Our opinion on Ihe financial slalemenls does not cover the other informalion and, excepi to Ihe extent olherwi$e
expli¢illy $laled in our reporl we do not expre$$ any form ol a$$uranee eon¢lu$ign Ihereon.
In connection with our audit ol lh8 linaneial $laleMenls, our rè$ponsibilily li to read the other information and in doing
501 consider whether the olher information 1$ materially in¢on$islènt with the financial slatemenls or our knowledge
obtained in the audil or otherwise appear$ lo be malevially misstated. If we identify su¢h material ineon$isten¢ies or
apparenl material Mis8lalemehl$ wo aro required to delermine whether this gives rige lo a Malerial mi$slaleMenl in the
financial statements themselves, If, based on the wark we have performed, we ¢on¢lude that Ihera is a material
mi55lalement of this other information, we are required to reporl that fael. We have nothing to reporl in this regard.
Opinion$ on other matters prescribed by the Companies A¢t 2006
In our opinion, baled on the work undertaken in the eourse of th& audit:
Ihe information givtn in the Repoit ol the Trustee$ for the financial year for whi¢h Ihe financial $lateMenlg are
preparèd 1$ consistent with the financial $talements,' and
Ihe Report of the Trustees hag been prepared aceordance wilh appli¢able legal requirements.

Report Df the Independont Audltors to the Tru8teÈ$ and Members of
Cuan Mhuire (Nll Limited (Registered number: N10349891
Matters on which we are required to report by exceplion
In thè light of Ihe knowledge ahd understanding of the charitable Company and ils environment Qblained in Ihè eourge ol
th6 audit, we havo not identified material Mi$$lalements in Ihe Reporl of Ihe Tru$lee$.
We have nothing lo reporl in respecl ol the following matlers where the Companies Act 2006 requir4$ us lo reporl to you
if, in our opinion:
adequate aceounling records have nol been kept or returns adequate for our audit havo not been received from
bran¢h¢s not visited by us,. or
the financial statements arè not in agreement with Ihe aecounling re¢ord$ and returns,. or
¢erlain dTsclo$ures of Iruslee$' remuneration specified by law are not Made. or
we have not re¢eived all th8 information and explanations wo require for our audit.
Responsibilities of tru51ee$
As explained more fully in Ihe Slalemenl ol Tru$tee$l Respon$ibililie$ the Iruslee$ (who are also Ihe direelors of
charilable company for the purposes of company law) are respoMSible for the preparalion of the finan¢ial slalefflents and
for being salisfied that they give a true and fair view and for such inlernal control as the Iluslees detprmino is necessary
to enable the preparation of financial stalements Ihal are free from material Misslalemenl, whelher due lo fraud or error.
In preparing the financial slalemenls, thè liuslees are responsible for a$$essing the charitable eompany's ability lo
cont5nue as a going ¢onceYni di$¢losingi a$ applicable, mallers related lo goirtg ¢oncern and using the going ¢oncern
ba$1$ of ae¢ounting unless the Irustee$ either illtend la liquidale the charitable ¢ompany or lo cease opÈralion$ or hav
no realisli¢ allernalive but lo do so.

Report of the Independent Auditor$ to thè Truitees and Memberg of
Cuan Mhuire INI) Limited (Registered number: N1034969)
Our re$pon$ibilities for thé audit of the financial Statements
Our objective$ are to oblain reasonable assuian¢• about whether Ihe financial slalemenls ag a whole arè free from
material misslalemettt whether due lo fraud or er¥ori and lo issue a Report of the Independent Audilorg Ihal in¢ludè$ our
opinion, Rea$ottable a$surancè is a high lèvel of assurancel but is riot a guaranlee Ihal an audil ¢onducled in a¢cordart¢e
with ISA5 (UK) will always detècl a Material Mis$lalement when il exisls. Mis$lateMents ean arise from fraud or error
and are considered malerial if individually or the aggregate they ¢ould reasonably be expected to influen¢0 Ihe
economie de¢isions of users laken on Ihe basis of these finaneial statement$.
Irregularilies including fraud, are instan¢85 of non.eoMplian¢e wilh laws and regulations, We desigh pro¢edures in line
with our responsibilities, oullined above lo delecl material misslalemenls in re$pe¢t of irregularilies including fraud.
The extent lo which our procedure$ are eapable of delecling iiregularilie$ including Iraud is detailed below.
Our approach lo idenlifying and assessing the risks of Material misslalement in respe¢l of irregularities, Includin9 Iraud
and non.complian¢e with laws and regulations, wa$ a$ lollows:
the engagemènt partner ensured thal thè engagemenl leam eollectively had the appropriate Compelencei
¢apabilities and $kills to identify or re¢ogni5e non*¢omplian¢e with applicable laws and regulations.
wo identified Ihe law$ and re9ulalions applicable la the eompany Ihrough disou$$iong with dIr￿lorI and olher
management and from our knowledge and experien¢e of Ihe $e¢tor the company operate$ wilhin.
we fo¢used on Specific laws and regulations which we eonsidered may havo a direct material effecl on the
financial $lalemenls or the operation$ of Ihe Company including the Companies A¢1 2008 charity and taxation
18gi$lalion data proleclion, anli.briberyJ employment environmental health and $afety legislaliom.,
we assessed Ihe exlenl of complianee with the laws and regulations identified above through makin9 enquiriej ol
management and t119pe¢ting legal ¢orre$pondence,' and
identified laws and resulalions were communicated within the audil team regularly and the leam remained alerl to
Inslances of nonwcompliance throughout Ihe audit.
We asse$$ed the $u$cÈplibility ol Ihè Company's financial slalemenls to malerial misstatement, ineluding oblaining an
uMder$tanding of how fraud mi9ht o¢¢uri by.,
making ehquiries of Manasem8nl as lo whère they considered there was $us¢eplibilily to Iraud, their knowledge of
actual, $uspe¢led amd alleged fraud. and
eonsidering the inleinal controls in place lo mitigate rT$ks of fraud and non.¢omplian¢e with laws and regulations,
To addre59 Ihe risk of fraud through management bia$ and override of eonlrols, we:
performed analylical pro¢edures lo idenlify any unusual or unexpeeled relalianship$'
lesled journal entries lo identify unusual Iransa¢lions'
asse$$ed whether judgemenls and assumptions made in deterrninin9 the accounting estimates sel oul in Ihe
noles were indicalive of potential bia$.
and invesligaled the rationale beh5nd significant or unusual Iransa¢lions.
In re$ponse to Ihe risk of irregularities and non•¢omplianee wilh laws and regulalions wa designed procedures which
1￿ClUded, but wero not Iimiled ID:
agreelng linancial slatemenl diselosures to underlying $upporting dooumenlalion.
reading the Minutes of meetings of those charged with governance.
enquiring of managemenl as lo a¢tual and potential liligati¢n and claims. and
reviewing ¢orreipondence wilh HM Revenue & Cu$laM$ relevant regulators including Iho Health and Safely
Executive, and the COMpaNy'$ legal advisors.
There are inherenl limilatiort$ in our audit prccedurei de$¢ribed above. The morè removed Ihal laws and re9ulations arè
from financial Iran$aclion$, thè les6 likely il 1$ Ihat we would beooM8 awarè of non.CCMplian¢e. Auditing slandaYd$ also
limil Ihe audit procedures required lo idenlify non.¢ompliance with law$ and regulations to enquiry of the directors and
other management and the inspeelion ol regulalory and legal eorrespondenc8, il any.
Material misilalementi that arise due to fraud can be harder lo detect than Ih0$6 thal arige from error as Ihgy may involvè
deliberatè concealment or ¢ollusion,

Report of the Independenl Auditors to the Tru$tee$ and Members af
Cuan Mhuire (Nl) Limited {Regislered number: N1034969}
A furlher des¢ription of our ¥e$ponsibilities for Ihe audit of thè financial 51ateMenl$ is loeated on the Financial Reporting
Coun¢il's website al www.fr¢,org.uklaudilor$rè$pongibililies. This de$criplion forms parl Of our Report of the
Independent Auditors.
Use of our report
Thi$ reporl is Made solely to the charitablè compatty's membersi aj a bodyr in ae¢ordance with Chapter 3 of Parl 16 of
the Companies Act 2006, Our audit work has been undertakèn $0 Ihal wè might slate lo Ihe ¢haritable companys
members Iho$e matters we are required lo stale lo Ihem in an auditors reporl and for no other purpose, To the fullest
extent permi118d by law, we do not a¢cepl cr assume responsibility lo anyone other than the charitable company and the
¢haritable company s Members as a badyi for our audil work, for thi5 rèport, or for the ¢pinion$ we have formed.
Conaill M¢Grady ISI
tory Auditor)
for and on behalf of M.B.M¢ Grady & Co
Charlered A¢¢ounlanl$
Slatulory Audilor$
Rathmore House
62 St Palrieks Avenue
Downpalri¢k
Co, Down
BT30 6DS
4 October 2024

CUAN MHUIRE INIJ LIMITED
Statemenl ol Finan¢ial Activities
(Ineorporatin9 an Income and Expendilurè Account)
FOR THE YEAR ENDED 31 MARCH 2024
3113124
Total
funds
3113123
Total
funds
Unrestricted
ftlnds
Restricted
funds
Nole$
INCOME AND ENDOWMENTS FROM
Donalions and legacies
79,944
79,944
63,396
Inveslmenl in¢ome
Other income
1,326
906,094
1,326
1,510,944
576
1,524,OS1
604,850
Total
987,364
604,850
1,592,214
1,588,023
EXPENDITURE ON
Charitable a¢tivities
Alcohol & Drugs Rehabilitalion
930,796
616,833
1,547,629
1,378,121
Other
900
900
3,265
Total
921,696
616,833
1,548,529
1,381,386
NET INCOMEIIEXPENDITUREI
5B,668
{11,983)
43,685
206,637
RECONCILIATION OF FUNDS
Total funds brought forward
8,379,282
157,110
8,536,392
8,229,755
TOTAL FUNDS CARRIED FOR WARD
,434,950
148,127
8,580,077
,536,392
The noles form parl of these finan¢ial $latemenls
io

CUAN MHUIRE (NI) LIMITED {REGISTERED NUMBER: N1034969)
Balan¢e Sheel
31 MARCH 2024
3113124
3113123
Notes
FIXED ASSETS
Tangible assels
7,668,828
6,600,898
CURRENT ASSETS
Stock$
Debtor$
Ca$h at bank and in hand
13
14
13,241
189,395
840,320
12,272
2Q9,784
1,772,171
1,042,956
1,994,227
CREDITORS
Amounts falling due within one year
15
(131,707)
(58,733)
NET CURRENT ASSETS
911,249
1,935,494
TOTAL ASSETS LESS CURRENT
LIABILITIES
8,580,077
8,536,392
NET ASSETS
,580,077
8,536,392
FUNDS
Unreslrleted fi4ndi
Reslrieted furtd$
17
8,434,950
145,127
,379,282
157,110
TOTAL FUNDS
8,580,077
8,536,392
The financial slalemenls wère approved by the Board ol Trusleeg and aulhori8ed for issue on 4 October 2024 and were
signed on itg bthalf by:
L Duffy . Trustee
The notes form parl ol these linancial slalemenl$
11

CUAN MHUIRE INI) LIMITED
Cash Flow Slatement
FOR THE YEAR ENDED 31 MARCH 2024
3113124
3113123
Notes
Cash flow$ Irom operating activities
Cash generaled from operations
3S4,520
299,979
Net ¢a$h provided by operating aclivilios
354,520
299,979
Ca$h flows from investing a¢tivitie$
Pur¢hase ol tangible fixed assets
Interest received
11,287,697)
1,326
(509,415)
576
Net cagh u$ed in invesling activities
{1,286,3711
(508,839)
Change in oash and ea$h equivalents in
th& rÈporting period
Ca$h and cash equivalents at the
beginning of the reporting period
Cash and cash equivalenls at the end of
the reporting p8Yiod
(931,851)
(208,860)
1,772,171
1,981,031
840,320
1,772,171
The ngles forrn parl of these lixan¢ial slatemenls
12

CUAN MHUIRE INI) LIMITED
Note$ to the Cash Flow Statement
FOR THE YEAR ENDED 31 MARCH 2024
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
3113124
3113123
Net in¢oMe for th8 reporting period la$ per the Statement ol Finaneial
Activities)
Adjustments for:
Depre¢ialion charges
Inleresl reeeived
In¢re3ge in slo¢ks
Decreasel(increa$el in deblors
Inereaselldecrease) in creditors
43,685
206,637
219,767
11,326)
19691
20,389
72,974
189,204
(578)
(237)
190,841)
(4,208)
Net cash provided by operationi
354,520
299,979
ANALYSIS OF CHANGES IN NET FUNDS
At114123
Cash flow
Al 3113124
Net ca$h
Cash at bank and in hand
1,772,171
1931,851 )
840,320
1,772,171
(931,851)
840,320
Total
1,772,171
(931,8511
840,320
Thè notes fomi parl of these linan¢ial $latemenls
13

CUAN MHUIRE {NI) LIMITED
Notes lo the Finaheial Stalemenls
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
Basis of prèparing the finan¢ial statement$
The financial $lalemenls of the Charilable ¢ompanyi whi¢h is a publi¢ benefit enlity under FRS 102 have been
prepared in a¢cordan¢e with the Charitie5 SORP {FRS 102) IAccaunling and Reporting by Charities: Slalemènt
of Recommended Praelicg appli¢able lo charilie5 preparing their a¢¢ounls in accordan¢e with the Finan¢Tal
Reporling Standard applicable in lh& UK and Republi¢ of Ireland IFRS 1021 (effective 1 January 2019),,
Financial Reporting Standard 102 IThe Finarteial Reporling Standard applicable in Ihe UK and Republic of
Ireland? and the Companies Aet 2006. The financial slalernenls have been prepared under the histori¢al cosl
convention.
Income
All income is reco9nised in the 51alemenl of Financial Acliviliei once Ihe charily has enlillemenl lo tho fund$ il
1$ probable Ihat the in¢ome will be received and the amount can be measured reliably.
Expenditure
Liabilities arè reco9nised as expenditure as Soon as there is a legal or ¢on8lYuetive obligation commilling the
¢harily lo that expènditure, it is pvobable that a Iransfer of economie benefits will be required in settlement and
the amount of the obligation can be Measured reliably. Expenditure 1$ a¢¢ounled for on an accruals basis and ha$
been ¢la$sified under heading$ thal aggregate all ¢o$l related lo the category, Whero ¢osl8 Cannol be directly
allribuled lo parli¢ular heading5 they have been allocated lo aclivilies on a basis congistent with the use ol
re$ouree$,
Tangible fixed as8els
Depre¢iatiott is provided at the following annual rales in order to wrile off each asset over it$ e$timaled useful
life.
Freehold property
Planl and Machinery
Fixtures and fitling$
Molor vehi¢le$
Compuler equipmenl
20A on cost
20f/•¢J on reducin9 balance
20Q/o on reducing balan¢e
20/• on redu¢ing balaneo
20/4 on reducing balance
Sto¢k5
Sloeks ar6 valued al the lower ol ¢osl and net realisable value, aftsr making due allowanee for obsolele and slow
moving items.
Taxation
Th¢ eharily is exempt from eorporalion lax on 11$ Charitable a¢livilie$.
Fund accounting
Unreslri¢ted funds ¢an be used in aceordance with the eharilable objectives al the discrelion of the
Iruslees.Unr8slricted funds include a revalualion reserve representing tho rellatement of fixed assets at markel
values.
Designated funds are unreslrieled funds earmarked by the Matr7agemenl Committeè for particular purpo$ei,
Re$lri¢ted funds Can only be u$ed for parlieular re¥trieted purposeg wilhin the objecls of the ¢harily. Reslri¢ticng
ari$8 when $pecifTed by the donor or when fund$ arg rai94d for particular r¢$lricted purposés.
Furiher explanalion ol Ihe nature and purpose of each fund 18 included in the noles to the finan¢ial slatemenli.
Hire pur¢haie and leasing commitments
Rentals paid under operatlng lea$e$ are charged to Ihe Statement of Financlal A¢livitles on a $lralghl line basis
over Ihe peilod of thè lease.
14
Continued,..

CUAN MHUIRE (NII LIMITED
Notes to the Financial Statem8nt5 . Continued
FOR THE YEAR ENDED 3f MARCH 2024
ACCOUNTING POLICIE5 . continued
Pension eosts and other pa8l*retirement benefits
The charitable Company operales a defined contribution pen$ion scheme. Contributions payable lo the charitable
eompany's pen$ian scheme ar6 Charged to Ihè Slalomehl of Financial A¢livitie$ in the period lo whieh Ih8y relale,
DONATIONS AND LEGACIES
3113124
3113123
Donalions received
79,944
63,396
INVESTMENT INCOME
3113124
3113123
Deposit account interest
1,326
B76
OTHER INCOME
3113124
3113123
General incoMO
Inhouse in¢ome
Capilal grant income
1,295,625
215,319
1,211,665
193,545
118,841
1,510,944
1,524,031
General in¢ome
2024
2023
Supportin9 People
Nl Housing Exe¢utive
HSCB
Stralegi¢ Planning & Performan¢e Group
BSO
Residen1$ eonlribulion$
424,970
290,256
165,000
401,715
268,851
165,QOO
33,000
20,989
320172
1277 622
1209 707
Grant income
2024
2023
Sisters ol Mercy
Magill Trusl
Community Development & Heallh Network
3,123
12,480
1,958
Tola
or Yea
1295 625
1211665
15
continued.

CUAN MHUIRE INI) LIMITED
Note$ to the Finan¢ial Slatemenls . Continued
FOR THE YEAR ENDED 31 MARCH 2024
CHARITABLE ACTIVITIES COSTS
Support
eosts {see
note 6)
Dlreel
Cosls
Totals
Alcohol & Drug5 Rehabililalio
909,692
637,937
1,547,629
SUPPORT COSTS
Governance
¢0Sts
Management
Finan¢e
Totals
Alcohol & Drugs Rehabililalion
625,683
8,004
4,250
637,937
Included within governance eosl$ aye audil fees of £4 25012022 E3,0001
NET INCOMEIIEXPENDITUREI
Net in¢ornel(èxpenditurel is stated after charging1{crediting)',
3113124
3113123
Auditors remuneration
Depreciation . owned assels
Olher operating lea$eg
4,250
219,767
10,385
4,250
189,204
10,407
TRUSTEESI REMUNERATION AND BENEFITS
There were no Irusleeg, remuneralion or other benefits for the year ended 31 March 2024 nor for Ihe year ended
31 Mar¢h 2023,
Truslees, expenses
There were no Irustees, expense$ paid for Ihe year ended 31 March 2024 nor for the year ended 31 March 2023.
STAFF COSTS
3113124
3113123
Wa985 and salaries
Social securiiy costs
Olher pension ¢osls
606,584
46,394
9,831
566,098
38,643
9,476
662,809
614,216
Thè average Monthly number ol employees during the year wa$ as followi:
3113124
41
3113123
38
Total number ef $laff
No errtployees received emoluments in 8xces$ af £60 000.
16
¢onlifjued...

CUAN MHUIRE INI) LIMITED
Noles to the Finan¢ial StatemeMIs ￿ continued
FOR THE YEAR ENDED 31 MARCH 2024
io,
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unreslri¢ted
funds
RegtrTcled
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donalion$ and legacies
62,898
500
83,398
Inve51m6nt income
Other income
578
784,526
576
1,624,051
739,525
Total
847,998
740,025
1,588,023
EXPENDITURE ON
Charitable aetivitie$
Alcohol & Drugs Rèhabilitation
745,033
633,088
1,378,121
Other
3,265
3,265
Total
748,298
633,088
1,381,386
NET INCOME
99,700
106,937
206,637
RECONCILIATION OF FUNDS
Tolal funds brought farward
8,279,582
50,173
8,329,751
TOTAL FUNDS CAfiRIED FORWARD
8,379,282
157,110
8,536,392
11. GOING CONCERN
The financial statements have been prepared on the a8$urnplian that Ihe Company 1$ able lo earry gn ils business
a$ a go(ng con¢ern which th6 direclors ¢onsider appropriate having regard to Ihe results ol tho financial year.
On Ihis basis thè directors ¢ortsider il appropriate lo prepare Ihe financial $lateMenls on a goi119 ¢on¢ern ba$i$.
However Should Ihe company not be ablè to meet ils ¢ommilmenls long term the going Concern ba$is used in
preparing the eompanyls financial statements may be invalid and a4iuslmenls would have lo be made to a4lusl
thè value ol ils as$et$ lo Iheir realiabl8 amount and lo provide for any furlher liabililies which may ari$è.
The financial $lalemenls do nol in¢lude any a4iuslment lo the eompanls assets or liabilities that mishl be
necessary Should thi$ basis not conlinue lo be appropriate,
17
cofilinued...

CUAN MHUIRE (NI) LIMITED
Notes to the Financial Statement$ * ¢onlinued
FOR THE YEAR ENDED 31 MARCH 2024
12.
TANGIBLE FIXED ASSETS
Fixturei
and
litting5
Freehold
property
Plant and
machinery
COST
At 1 April 2023
Addition$
8,614,772
1,273,940
142,362
12,219
37,518
Al 31 Mar¢h 2024
9,888,712
154,581
37,518
DEPRECIATION
Al l April 2023
Charge for year
2,112,283
197,338
49,930
20,926
35,560
391
Al 31 March 2024
2,309,621
70,856
35,951
NET BOOK VALUE
Al 31 March 2024
7,879,091
83,725
1,567
Al 31 March 2023
6,502,489
92,432
1,958
Motor
vehicles
Computer
equipment
Totals
COST
Al l April 2023
Addilion$
12,700
16,417
1,538
8,823,769
1,287,697
At 31 March 2024
12,700
17,955
10,111,468
DEPRECIATION
Al l April 2023
Charge for year
9,578
625
15,520
487
2,222,871
219,767
At 31 March 2024
10,203
16,007
2,442,638
NETBOOK VALUE
At 21 March 2024
2,497
1,948
7,668,828
Al 31 March 2023
3,122
897
6,600,898
18
eonlinued...

CUAN MHUIRE (NII LIMITED
Notès to thè Finaneial Stalement$ . continued
FOR THE YEAR ENDED 31 MARCH 2024
13.
STOCKS
3113124
3113123
Stockg
13,241
12,272
14,
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
3113124
3112123
Trade debtor$
Prepayment8 and acerued income
57,070
132,325
94,828
114,956
189,395
209,784
15,
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
3113124
3113123
Trade eredilors
VAT
Accruals and dèferrod ineome
106,483
1,510
23,714
31,475
2,639
24,599
131,707
58,723
16.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
3112124
Total
funds
3113123
Total
funds
Unrestricted
funds
Restri¢ted
funds
Fixed a$$els
Current assets
Current liabililieg
7,601,300
965,357
1131,707)
67,528
77,599
7,668,828
1,042,956
(131,707)
6,600,898
1,994,217
(58,733)
8,434,950
143,117
,580,077
8,536,392
17.
MOVEMENT IN FUNDS
Net
movement
in fundy
At
3113124
At114123
Unrestricted fvndg
General fund
,379,282
55,668
8,434,950
Restri¢t8d funds
Reitrieled Fund
157,110
(11,983)
145,127
TOTAL FUNDS
8,536,392
43,685
,580,077
19
continued..,

CUAN MHUIRE INI) LIMITED
Note$ to the Financial Slatemenls . ¢ontinued
FOR THE YEAR ENDED 31 MARCH 2024
17,
MOVEMENT IN FUNDS . continued
Nel movement in lund$, in¢luded in thé above arÈ a$ follows:
Inooming
resource$
Resources
oxpènded
Movemènt
in funds
Unr8itri¢ted lund$
General fund
987,364
(931,696)
55,668
Restvieted fund$
Re$lri¢led Fund
Community Dovelopmenl & Health
Nelwork
Magill Trust
589,970
1601,9531
(11,983)
2,400
12,480
12,400)
(12,480)
604,880
{616,8331
(11,983)
TOTAL FUNDS
1,592,214
(1,548,629)
43,686
Comparatives for movement in fundj
Net
Movement
in fund9
At
3113123
At 114122
Unrestricted fundi
Gerteral fund
8,279,582
99,700
8,379,282
Restricted fundg
Rtr$lricted Fund
50,173
106,937
157,110
TOTAL FUNDS
8,329,755
206,637
,536,392
Comparativg net movement in fundg, lrtcluded in the above are as follow$:
In¢omin9
resources
Re$our¢¢$
expended
Movement
in fundg
Unre9tricted funds
General fund
847,998
(748,298)
99,700
Reslricted funds
Rè$lricted Fund
740,025
(633,088)
106,937
TOTAL FUNDS
1,588,023
(1,381,386)
206,637
20
eontinued...

CUAN MHUIRE INI) LIMITED
Nole$ to the Financial Statements . continued
FOR THE YEAR ENDED 31 MARCH 2024
17.
MOVEMENT IN FUNDS . continued
A current year12 monlhy and prior year 12 monlhs combined position 1$ as lollow$:
Net
movement
in fundg
At
3q13124
At114122
Unre$tr¥¢ted funds
General fLtnd
8,279,582
155,368
8,434,950
Restri¢ted fundfj
Reslricted Fund
50,173
94,954
145,127
TOTAL FUNDS
8,329,755
250,322
,580,077
A cuirenl year 12 months and prior year q 2 monlhs combined nel movemenl in fund5, included in Ihe above ar¢
as follows:
Incoming
resourcei
Re$our¢es
expended
Movement
in fund$
Unr8strT¢led funds
General fund
1,835,362
(1,679,994)
15S,368
Re$tricted fund$
Restri¢led Fund
Communily Development & Health
Nelwork
Magill Trust
1,329,995
(1,235,041)
94,964
2,400
12,480
(2,400)
(12,480)
1,344,875
(f,249,921)
94,954
TOTAL FUNDS
3,180,227
(2,929,915)
2SO,322
18.
CAPITAL COMMITMENTS
3113124
3113123
Conlra¢ted bul nol provided for in the financial slalemènls
298,000
1,1CrJ,000
Cuan Mhuire (Nll Limited has under ¢on$lruction additional re5id•nlial units at Ih6ir sito on the Dublin Road.
Work during Ihe year ended 31 March 2024. The projeol was Complèted in the followin9 linancial year wilh the
aparlmenls being formally opened on 28 June 2024.
The Trustees have made a capilal ¢cMmitmenl nol Contracted, lo the upgrading of the ¢harity'$ sewage Irtalmenl
plant at ils premi$e$. 11 is estimated by the Tru$lees Ihal th8 ¢apilal outlay of this piojeet will be in the region of
approximately £200,000 wilh work anticipated lo ¢omMéneo in Ihe 2024125 linancial year,
There wero no further oapilal eommilmenlg eilh8r conlra¢led for or ehtered inlo in respect of any other projèct.
21
eontinued..

CUAThI MHUIRE (NII LIMITED
Note$ to the Financial Statements . eontinued
FOR THE YEAR ENDED 31 MARCH 2024
19.
RELATED PARTYDISCL05URES
There were no relaled party Iransaclions for the year ended 31 March 2024.
22