Registered number Nl814323 Tullysaran Community Association Report Of The Trustees and Financial Statements For the year ended 30 September 2024
Tullysaran Communlty Assoclatlon Annual Report Contsnts P•90 Compary infom)at Report of the Trustees Independent Examinerf$ Report Staiem•nt of finanoal a(*vities 8alarKe Sheet 24 Notes to Ihe finanaal 8tatonxnts 8-10
Tullysaran Community Association Company Infomiatlon Trustees & Dlr•ctorn Mary Conlon Helen Oonnelly Aidan Mccreesh Brendan Daty Independant •x•miner LKerr&Co Unil 58 Amagh Bu*ness Centre Loughgall Road Armagh BT67 7NH Bankor8 Bank Of Ireland 11 Upper English Street Armagh 8T6178H Regi8ter•d offic• Tullysaran Communty Centre iIItOW4n Road Benburb Dungannon County Tyron• Bf11 7NJ Reglstered numbgr N1814323 R•g1St•r Charlty numb•r 105860
Tullysaran Community A880clation Trustees. Roport The Trustees of Tullysafan Community Assooation present their report and the finarKial statements for the year end¢d 30 September 2024. The Truslees have adopted the provisn$ ol Accounting and Reporting by Charitses: Statement ol Recommended Practice applicable to tharib"e$ preparing their accounts in accordance with the Finanaal Reporting StarKla(d applicable in the UK aNJ Rewblic of Ireland<FRS102). OBJECTIVES AND ACTIVITIES The prinupal acb'vitiès of Tullysaran Comrnunty Associab'on affo.. To pronK¢te Ihe benefit ol the community of the Tully$aran area and its surrounding rural environs without distinction of ag•, gendèr, disabilty, $•xual or•entab'on, nationality. 8thn identity. politiGal or religiDUS opinion, by associating the statutory aLrthontr"es. community and voluntary organisabons and the inhabitants in a comm¢)n effort to advance educaknon. and to providè fa¢ilthes In the interests ol Sla1 welfare for r•ueats'on or other leisurfrbmè o¢¢upabon. with the ob of improving the cor#ditions of lrfe for the said inhabitants and in Paul81.. ai to maintain and mana90 a nrnUnty centre in th• area of ben•fft for aL#Nities promoted by the company: bl to advance any other excFu$ively chantable purpose as the direclcKs may. from lime to 'me, decide in accordance with the law of chanty. Tullysaran Community Assoaation seeks to athiev• this obieth¢ by lawlul me•n& ACHIEVEMENTS AND PERFORMANCE Tullysaran Communty As*)ciabon ITCA) 1$ an acbve and inclusive community organisab'on that seThes the rural popUlatn of Tultymfan arKI surrounding areas. Currènuy TCA organise • varied programme of Jooal Indusion and heah and wellbeing activitse$ including physical aclivtty dasses. eafly years and after ¥dwl dubs, posits've •ging groups, and local fundraising inits'atives. Th8 Ihroe main tsrget group ar•.. Young People Older People Families ¥Mlh children th speo'al need$. We aCknelle funding from the f01kmn9 Organitim$. OAERA-Deparkn•nt of agnllure, Onwromnt and rural affairs Public Health Agency- CLEAR wojecl Amagh Crty. Banbrid9e 8 Crawavon eorough CnCil Nabonal Lottery- Awards For All
Tullysaran Communlty Assoclatlon Trustee8' Report FINANCIAL REVIEW Over¥lew The charity InrTed a defict of £16.504 in Ihe year erKled 30 September 2024 {2023.' er11 of £21,710), Incomlng rn8ources Total incoming reswrces for the year were £33.325 (2023.. £24.875). The charity conbnuei to be thankful ft)r peopks. wonderfvl efforts and generosty. Total r•8oufces expon•g• Total resources expended re £49,829 (2023". £48.585) ft)r Ihe year ended 30 September 2024. 11 must be noted that induded in exp8nse$ is deprecialK)n ol th budIng amountsng to £21.54712023: £21.547). Balance sh•at Net fvnds are positive at £106,989 (2023: £123.493) as al 30 Septemb•r 2024. R•8•rv•8 poIIcy The chanty's policy ig to maintain a lével of fre• rel•rS meet8 the needs of Ihe Company both al thè eurrent and for the foreseeablè fulure Free reserves are its total funds excluding re$lnQed funds, and desgnaied fund•. The Ci%rpany had £18.034 {2023'. £14.593) fr00 reserves al 30 Septembér 2024. Furn d•v•lopm•nl• The charity remains true lo its founding principl•3 lo promot• th• t>•n•fft of the ¢omrnunity of the Tullysaran arèa" It is hoped that a Youth Club will be set up tn the near lutur•. STRUCTURE, GOVERNANCE AND IAANAGEMENT Govornlng docum•nt Thè Chanty Is controlled by ts govomiw documenl, a deed of trust. and o)nstrtuies limited c<xnpany, limited by guaranlee. as defined by tha Companies Act 2006.
Tullysaran Communty Association Trustees. Report TRUSTEES RESPONSIBILTY STATEMENT The Trusieès are respon51ble for preparing Ihe Trustees. report and Ihe finoncial stsiements In accordance th applicbble law and the United KJn9dom Accounbng Standard5 (United Kingdom Generally Accepted Accounting P(athel_ Ch8ntses legislab.on rewires the TnJstees to prepare financial stslements for ¢8¢h financial year. Under Charibe5 leg151atson the Twstees mu$1 not approve the financial stsiements unless they aro saDsfi•d Ihey give a true and fair view of the stale of affairs of the charity and of Ihe Incoming rèsources including Ihe receip15 and payment$ of Ihe chanty for that year In preparin9 these financFal ¥atements. Ihe Trustees are required lo - s•l•ct suitable accountsng polio•s and Ihen appty Ihèm consistenly, .obs•Ne Iho methods pnnciples in th• Charib•$ SORP. -rnake judgments and a¢¢ounbng esb"mates that are re8sonabl• •nd prudent. -statè whether applicable UK accounbng sardS have been followed. subJ•ci to Y matsrial deparbJres disdosed and explaned In the financJ81 statements. repwe the financial Slaiements on trte going ¢oncem bags unless rt Is inapprapriat• lo presume th•t the ¢harrtabl• coTryany wll contsnuo in operatson. The Trustees We re5ponsibl lor keepino adequate x¢ounts'ng records that we sufficient tc show and explain the eharity's tfans&tions and disclos• with r•ason8ble accuracy at any tsme the financial pogbon of the char.ty enable them to ensur¢ that Ihe fanCI slat8m•nts comply th• chanb.es legrslatson They are also responsble for safeguarL1ing assets of the charty and hence for tsking feason8ble steps for the preventron and d8lecknon of fraud and olher IegUlano$ Approved by or(Jer of the bo•rd of trustee$ on 21 Mty 2025 siwed on its beh8lf by Helen Donnelly- Trustee il¥
Tully$8ran Community Assoelation Indop•ndent examingV6 report Rmpecuve regponslbllltleg ot charlty Iru$t¢u •nd oxamln•r A5 the tharity trustees (arwj also the direc15 of the company for the purposes ol c£ffipany law) ycu are responsible for the preparatn of the attounts in accorOan¢2 wth the reouirernents ol the Companies Aci 20C6. Having satisfied myself that Ihe chanty is rnt subject to audit unde( comporiy law. and Is ehgible for Independent examinatjon. It is my Tesponwbihty to" 1. Exam¥ie Ihe tts urmaer xctron 65 of the Chanbes Acl 2. Follow the prttedures laid down In the general Djrecbons given ty the Charity Commission for Northem Irolan(l under Se(1 65{9llbl ot IM Chanks 3. State vthether parbCtAar maners have fJ)m• to my attenbon B*•l• crf th• Indep•nd•nt •xamln•f8 r•port I have examined your chaTrty a¢)nIS as required under seen 65 of Ihe Chanbes AQ and my examinatson was tamed oul in accordance wth the general 'reCh0n$ given by the Charity ComMissn lor Northem Ireland undef secbon 65(9)Ibl of th¢ Chantses Act The examinabon included a revivw ol the accountsng record$ kepl by the Charty and a comparison ol account8 sented wtlh those recofds It also Included CrS1¢eralOn of ary unusual Items or disclosures In ltre accounts, and seekiNJ explanations from you as truslees conc4ming any sudi matters. My role i• to 8tstè whether any material matters have to My atIentn giviNJ me Cause to believe. 1. That accounting rec(xds tre nol kept in aCCUd ¥4ryth •actity) 386 01 tha Comparies Act 2. That the accounts do not ae£ord wth those a¢Unti rernrd•. 3 That the aCcntS do not CW with the acC[nting r•qulrements ol soction 396 of thè Ccmpanies Act 20[ and the methods and Ople5 of the Chanbes Statement of Reffimended Prath'ce applicable to chantes preparing their accounts in acctydan¢e wrth the Finanoal Repon9 Standard applble In the UK and Republic of Ireland. 4. That th•r• is further inlonnats'on rwded lor a wiper und•rslarxling of the ¥nts to b• reathed Indep•ndont •xamln¢f• •lat•m•nt I have rJ)mpleted ry examinabcKI and have no c£rtems in respe¢l ol the matters {1110141 Iisled above and. in conneclwi wth following the Oireth¢)ns of the Chanty Cornm lor Nonhwn Ireland, I have found no matters Ihal reqts1 drawing to your 8ttentson_ LKerr&Co Chartered Actounlants Unil $8 Armagh 8uwne5s Centre Loughgall Road Amagh BT61 7NH 21 May2025
Tullysaran Community Assoelalion Statement of Flnancial Aetlvltla8 for the year onded 30 Sepiember 2024 2024 2023 In¢omlng rnsource• RestrIcd funds UnrestyKled furKIs 17.3(X) 18.025 10.159 14.718 Total inc4%ring resour$ 33.325 24.87S R•SOur¢ •xp•n• Rutrtct•d fund• Chanlable acvrtie6 Unreslrlcted fund• Charitable actsvitses 37,245 32.024 12.584 14,561 Total rn•our¢M exp•rw•• 49.829 Nfrt Incomlng rHourcMl•xp•ndhurn) {16,5041 .{21,710) Fund b•lanG•• broughl I01rd 123.493 145,203 Fund bl•n¢e• carrl•d lorw•Td 1[.989 123.493
Tullysaran Cornrnunlty Association Balance Sheet as at 30 September 2024 Notss 2024 2023 Flx•d •8sets Tangible assets 86.190 107.737 Curr•nt as•ts Cash at bank and In hd 20.799 25.756 Cr•dttor•: amounts lalllng du• wlthln one y••r (10.0001 N•t ¢urr•nt 488•ts 15.756 106.989 123.493 Incom• fund• Unrestricted lunds Restrlcted funds 18.034 88.955 14.593 108.900 Tot•1 lund• 106.989 123.493 Thè chafttsble cfmnpany 1$ entilled to exempl1 frLvn aLxlii under sectK)n 477 of C(xnpanies Act 2006 lor the r ended x+ S•pl•mb•r 2024. Tho members hav• not r•quir•d tho charilablo ManY to ¢+taln audit of its financial statgmenls for th8 ded 30 Septembar 2024 in accorfarKo wih 476 of th• Compani A¢1 2006. The Inmiees ackrth%dgè thelr respwlbHille8 for (a) ensuring that Ihe chorilable c(Mnpany keeps acc(tirj roccKds that Sectson 386 and 387 01 Ihe Companies Act 2006 and {b}prepanng financial slalements glve a true and fair view of the state of affairs of I chartta10 ¢omp8ny 85 at Iho •nJ of each financial )ar of rts surplus or defiut for each financial years in a¢Gordance Tth the requirements of Seclions 394 and 395 and which olhernise CxxnY wlih the r8quifemonts of Ihe Conpanies Acl 21Th rdab.ng to financial slalwnenls. lar u appIlble lo Ihe charrtable company. These flnancial stslem8nl$ havo boen proparod in acc)xdanco wllh tho Spgryal provisions of Part 15 ol the Companles Aci 2006 relabng to srnall chantsblo companies. The financaal siatements ¥%re apwoved by the board of Trust8 on 21 May 2025 and ¥wr• Signed on rts bohatt by. H•hn Donnolly (Difector) Mary Conlon (Direclor}
Tullysaran Communlty Association Notes lo the Accounts for the year ended 30 S•ptember 2024 1 A¢countlng pollcl88 8•sls olpreparing th• fin•nci•l st•r•m•nts The finanoal statements of ts Charilab C(%np. iYn8fft entry vnder FRS 102, hav¢ b¢en &Yepared in a¢cordance wlh the Charits SORP IFRS 1021 Actountiry and Rfrwng by Chiriles.. Slement of ReeomThrded Pr8th"ce applKab to charrt prepanrg Iheir accoun in a¢eordanc wth the Finantyal Reports"ng Stsndard applKab in th• UK and Republic of loland IFRS 102) lèffecirye l January 20151.. Finanu•l Reprt9 Stand8rf 102 Finan¢ial Rerxkn"NJ applicats In the UK ar•J Republic of Ir¢land' and th6 Comn$ Acl 2(Kfj. Th• fin•rKt•l Statements havo b••n Ppared und•r Ihe htsloncal 5¢ convonwi. Income ¥ rec4)gnised Thth•n thè chanty h•$ •nlthnwt tho fur#d8. •ny eondtsns tt%h•d lo rt•m of Incom• have l)¢¢n meL it ty w0b•b that the wll b¢ reNed •nd iNg ornounl can be m•a%ui•d liably. Incfyng trom governm•nt •nd oth•f grants, •ther.caP grants or'r•v•nue' grnnts. Is recoanLqed when the chjibty h•$ antsu•mnl lo tts funds. any Conditn5 attaC1j Io ihe 9ranis have mei. rt Is prcabk that th• incmie wll be rn(i¥l aTrJ U amount measurnd iekabty and ts noi dofwred D•$Yatn has been pro¥•J•d at ts foknin9 r•tM wi tyder to vmtrl off tt ass•ts over Iher ¢$tmate(J umlul INM. F¢xtym. fith"n9J and •quipmnl Sw•hl line over IS y••rn raxath Th• ¢h•fty is 8Mpl C4XW•tyDn tax on CIWrt EYp•ndliur• Liabilibos arg rgcognisoa 85 expendrturo a$ soon a$ thère is i legal or constructive obJKJ•tion mmitting the chanty to that •wnditurn. Il is pble that 4 transf•r ol ecormie be wll b• requ¥ed in Mttm•rtt •nd the amounl ol ts lIgaoft c•n be rneasur•d rnh"abty. Expondilur• Is 8¢¢ounted fof on an acuuals basrt Jnd ho5 in undwr Madin9S that a99reg•t• all c1 r•lated lo the category Wh•t• costs conr1 be diredy attributhd to rtiCular head ngs thjt h•% been •lloc•t•d to aciMl on • b•si¥ ith th• ol rHt)UK•S Fund K¢¢tIng Unr•siricl•d can be umd in att1yd•n th• th•nt•bkn obJxtr4•s •1 the dou•liDn of I trusl••s Restncted 14Th11 c•n onty be wed for pwticulw PU0 lh• obpcls ol the chry. Resiri¢tK)ns •rffje Ththen by dofw or Th•n luThts •ro rao•d for p•riKulaf purpous.
Tullyuran Community A••Klatlon Not&8 to th• Accounts lor the y•ar •nded 30 Septemb•r 2024 2 Incom• 2024 2023 Rorkthd fund¥ Grant ire 17.300 17,>XI 10.159 10.159 Llnresirteted fund¥ Community events Grant ine4Jmo tS,550 475 16.025 14.466 250 14.716 3 Ch•rft4bh actfvrt 2024 2023 RKtrlct•d lund• Sljff C1# Equiwieni Insurancé Prclqssional f•e• Cornmunity events 3.340 918 1.079 376 9.103 21.$47 37.245 1.038 375 6.340 21.547 32.021 2024 2023 Unrnstrl¢t•d fvnd• Stsff costs H•ai & Ch•ntsbk* donab)ns Community •v•nts Go1?1 expenses Repairs and maintenaftc• Bank f•es Rales Profession•1 fees 7,121 8.295 778 723 144 339 759 153 14,581
Tullysaran Communlty A•8oclatlon Notes to the Accounts lor the yoar ended 30 septernr 2024 4 T•ngllA• Ilx•d assets Land & 8uilding8 Cost 1 00r 2023 At 30 Septsmber 2ff24 323,207 323,207 D•pr•cS•tion Al 1 Qclober 2023 Ch•fge lor the year At 30 Septamb•r 2024 215.470 21.547 237,017 N•t l)ook v•lu• AI JO S¢pmb¢r 2024 86,190 At 30 Swmb•r 2023 107.n7 S Cr•dttorn: •inouiiis f•lllng du• wlthln tyw y••r 2024 2023 Revenue grnnt 10.( 10,C 6 Secuiity As p•rt of I1 fuThJin9 •PFAI1 to So. Tultysaw cor11U As&•0n had to regoler chaf9e In la¥our ol tm D•P•rtm•ni of 4ripJllui• •nd Ruf•l O•vgSopMnl IDARDI •0 ••curity oyer th•14nd aNI piopgrty 7 Trnnsactlom Twtth dlrnctorn No dlrethrs reb¥a0 any rnmunor•lw)n or eypenses duriNJ the year CoDtlng•irt Il•blllty Tho company has a con"ffj•iii its i•pay caprtal grants rf condrfS ar• rt mrt but in the Opin ol the oirectors. these circumst8n¢e$ are unlikety to Kcllf. 10