elainetrainor&c CHARTERED ACCOUNTANTS Cullyhanna Community Group (a company limited by guarantee) Trnstees, Report and Financial Statements for the year ended 30 November 2018 Charity NTxmber. Company Number. MfA)5038 CHAR ACCOU IRELAN ERE TAN Unit 2, 71 fjlltOWn SL, Bun W8rny)int Er IbL. +44 (0)28 41 i331 VAT R.: 940 6497 07 El8ine Th7inpr F
Cullyhanna Community Group (J company limited by guarantee) Trustees, Report and Financial Statements for the year ended 30 November 2018 Contents l£gal and AdmiDithtive Information Trustees, Report Independent Examine, Report Stratejnent of Financial Acknvities Statement 0£ Financi Pc6ition Notes to the FiLtsncial Statements 7-12
Cullyhanna Community Group (a company limited by guarantee) Legal and AdTllinXStrative Inforniation Charity Number Company Reglstration Nwtkber N1605fts8 Business Address Wald Centre Tullynavall Road Cullyhanna Newry BT35 OPZ Registered Office Wald Centre Tullynavall Road Cullyham Newry BfJ5 OFZ TTU$tees Alan Brecknell Patricia Treanor Anne Sheridan Thonia5 Rushe Accountants ElaineTrainor & Co Charteted Aecouniants Unit 2, n Milltown Street Warrenpoint Co Down BT34 3PU Banker8 53 The uare Crossniaglen BT35 9HQ
Cullyhanna Conimunity Group (a company lin)ited by guarantee) Statement of flnancial artivities (induding income and expendlture account) for the year ended 30 November 2018 Unrestricted Restricted Total Funds Tota] Funds Nov 2018 Nov 2017 Notes Ineomins resources Incoming resourcesfrom genemtingfynds Voluntary inconie Invesknent income Other incoming resourtts Total Incoming resour¢es 8.941 8,941 25J5 3,138 12AY19 3,138 12J)79 6,530 32.115 Resources Expended Cost ofgeneratingfvnds Choritable costs Govern¢7lleÉ costs Total resources expended 7.190 4,789 999 11978 7,190 4,789 7,662 19,641 13,685 4,131 8,305 26,121 6,663 665 Net incomlng resources for the year/ Net income for the year (899) {6fi63) (7562) 5,994 Total funds brought forward 32x57 109.960 142.217 136223 | 142,217 Total fund carried forward 31358 103,297 134,655 The statement of financial acttvities includes all gaiLLS and losses recognised in the period All inconiing resources and resources expended derive from continuxng activitie5. The notes on page$ 8 to 12 Eorni an integral part 0£ these finaNial statements
Ctsllyhanna Community Grollp (a company limid by guardntee) Statement of FAnancial Posltlon at 30 November2018 Note Nov 2018 Nov 2017 Fixed assets Tan8ible fixed a&Eets io 109.229 115%92 Cutrent assets Debtois Cash atbank and iti hand li 3J70 23.855 27225 26226 26?26 Creditor&' amomits falling due within one year 12 NetoJrrent assets 25,426 26225 Total assets less current liabilitleg 134,655 142.217 Accruals and deferred Income 13 Net assets 134ffj55 142,217 Funds Restricted iticome funds Unrestrided income funds 14 103,297 318 109,960 32,257 134.655 142.217 These financial sthtents have been pryred in accOrdanwith swal provisions relatins to small companie5 within Part15 of the Companie5 Act 2(th. For the fntIal year ended 30 Novemir 2018 the company was entitled kn exemption from audxtunder Section 477 of the Companie5 Art21K)6.. and no notice hwd be deposi1 underSectiort476. The tru$t&s ackoowledge 11 r0lIty for e%ring that the tharitable company keeps accounting recwds whith comply with &ction 386 and for prparing financial aternents which give a true aThd fair view of the state of affaiT5 of the charitable company as at the end of the fina11 period and tsf its surplus or deficit for the financial period in accordance with the rtxuirements of Seclion 394 and 395 and whtth othenvise comply with the wuirernents of the Compariw Act relating to financial ststemetLts so far as app]icabk to the ciwitabIecompany. Approved oThbehalfoftt lThrd authori fOre on Anne Sheri Diredor Then Patriela Treanor Direcior tes on pases 8 to 12 forni an integral part of these financial statements l? 11-11
Cullyhanna Community Croup {a company limited by guaran) Notes to the finaIal statements for the year ended 30 November 2018 Actountlng policies The principal accounting poli(ies are ithw. Tl &co)unting po]icies havekn&pplied eonsistentiy throll8hout the wi0& 1.1 Basis of accountitis The knnciat statements have beeTh PrePad in compliance w¥th FK5 IOL The Financial Reports8 Standord in the UK and the Republtc of Ireland, thestatementof RQUneded Practitt applicable to dwiteis preparing their accounts with the FPSapplioble in the UK and Iteiand (FRS 102)- (Charitie5 SORP (FRS 1021) and the Chariti&s Att (Northem Jknd) 2. 12 Incominsresour¢¢fy All incoming resourcaq are Indu in theslatement of firal01 aclivilies wheTh the charity is entitled to the incolne and the amount can Ee quantified with reasotsqble accttyacy. The following swific policies app]ied to particular caiegories d iEOmW. Voluntary income Ès received by way of grnnts. donations and gifts and is includgj ITh iti the statement of financial actiVStles when receivable. Grants where entidement is notconditional on the de]ivery of a specific perfornunceby the cknity. aTr recogn Wh the tharity Eecotnes unconditionally entided to the gtanL Donated services and faci]ities a i[Uded at the value to the charity where thi5 can be quanttfied. The value of service5 pTtsvided by volun*S has not been included. Grants, Iluding grants foT the purthase of fixed assets. a T081 irtfi in the statementof financial actsvities in the y¥r in which they are receivable. hwome from iTrvestm•ts is included inthe year in which is ItrweTvabl 1.3 Resource5 expended Expenditure is Tecogrll5ed on an accruab basis wlEna liability is Incll which Cannot fLdty recovered, and is reported a5 partof the expendit th which Tt re]atLs. ritable eXPdItUre comprises those costs In0r by the charity in the delÉvery of its activRties and service5 for IL% beneficiaries. It includes both costs that can be allad direcdy to such activities and those costs of an indirect nare necesgary SUPPOrt Governance costs indude those Incurred in the governan ofthe charity and its assets and are ptimarily a5sotiakd with constitutsonal and slalory reqUinen15.
Cultyhamu Community GEOIIP (a company ]imited by guarantee) Notes to the finanual statements fot the yeaT ended 30 November 2018 1.4 Tonslble fixed ass¢ls and depreaation Tanble fixed assets are staknl atC05tless accumulated deprlatiOrts Cost xncludes all costs thatare directty attributable to bringing the awt into workin8 condÉtion for its inknded use. Deprallation ss provided at rntes cokukted to wrile off the cost le residual value of eath asset over its eX¥tea useful l¥fe. as follows: iEa8ehold PrortY 5% duCin% balan Voluntary income Unreslrirted Reslrirted Total Fund6 Total Fund5 Funds Nov 2018 Nov 2017 tsTants Recelvabje Newry. Mourne & Down Di5trirtCoun B28 ttery Fund- Awards for All NICDHN- Cojnmunity PharUcY DARD Rural Micro Capital Grant DFC SEnall CapitsVEquipment Ftsndraisins 7211 7Jll 4,515 8,370 1,5(Kl 8,941 8,941 25585 Investment income Unrestricted Res(ted Total Fwids Totat Funds Funds Nov 2018 2017 Bank interest Othez ineomingresou UnrestriLted Re5tsirted Total FuDds Total Fund5 Fund$ Fund5 n8 2017 Room rentsi Project Income 1138 U38 1012 4518 3,138 3J38 6530
CuJtyhanDa Cotiunuty Group (a company limited by guarane) Notes to the financÈal statements for the year ended 30 November 2018 Cost of generating¥untsry Income u$Icted ResEricted Total Funds TotaI Funds Fund5 Funds Nov 2018 Nov 2017 Big Lottery Fund- Awards for All 4572 8370 743 Christmas Tree1SmallPrniecLs 7.190 7J90 13.685 & chRtable eosts UnrestTitted Reslrirted Total Funds Total Funds Funds Funds Nov 2018 Nov 2017 Admintstration cc6ts Training RenL ratas & inSurae laght & heat 6¥2 65 697 747 747 Roorn hire & hospitality aeaning & maintenan Communication5 & rr Printing* Stationery & advertssuig Subscriptions Management charges 61 1,918 61 1.918 496 160 1220 359 4789 4,789 4.131 Covernance cogts Unrestricted Restrirted Total Funds TotaI Ftxnds Funds Funds Nov 2018 Nov 2017 Professional & accountaocy fe Bank interest & charges Depredation 913 913 9]3 74 7218 6A63 999 6,663
Cuuyhanna Conununity Group (a COMEY limitsd by guarantee) Notes to the financial statements for the year ended 30 November 2018 Net Incomingresouttd for the year Nov 201B Nov 2017 Netincomin% resources is af chargin Depreciatlon 6ffi63 7218 Taxation The charity's activities fall within theexernpttos aff%mW by the provisions of the Jncome and CoTroration Taxes Act1988. Acdingly. th•p is no taxatiOnCrge in the5eaccounb. 10. Tan8ible fixed a$6ets Prup & Equipmcth TOTAL Cost At l Decetniw2017 ALldiknoILS 151.753 6281 158JD4 At3Q NoveDthr 2018 151.7?3 6,281 l j8J134 Depreclatio At l DeLmber2017 Charge foryeat itithted on DISP1 At30Novellther2018 4020) 5578 41142 6h63 45,778 48,805 Net Book VAlv¢ at 30 NoFeTnber 2018 105.975 109229 NetBook V•lue at30 November2017 111553 4J39 115,892 11. Debtors Nov 2018 Nov 2017 Grant debtors 3,370 io
Cuuyhanna Community Grot (a company Iimited by guarn) Notes to the financlal statetnents for the year ended 30 November 2018 1£ Credator& amotllts falling due withlnone year Nov 2018 Nov ll7 Trade Crediiors Accruals ortd deferred iwome 900 13. Accruajs and defetred income Nov 2018 Nov 2017 DefeTred income At l December 2017 Increase in year Released in peTiod At30 Noveth 2018 1£ Analysi5 of net assets betweett fund5 UnTestricted ResttiLted Total Funds Total Funds Funds Fwid5 Nov 2018 Nov 2017 Fund baSance5 at30 Novernivas represented by: Tangble fixed assets Currentassets Current ]xabxlities 5.932 262 103297 109229 26J26 115,892 23.855 1900) 31358 1032 134,655 138J47 li
Cullyhanna Community Group (a ¢ompany limibj by guararLiee) N(ts to the financial 8tatements for the year ended 30 November 2018 i& Unrestrirted funds tncoming Outgoing Resources Resour¢es 3(kNov 2Q18 2tr17 GeneralFunds 31257 11079 2,978 31358 Funds which are expendable &tthe discretion oFthe directt>TS in furthemce of theobFcts of the charity. In additions, funds may be heia in order to capital investuwit and working capitsl. 16. Restrkted Eunds 01.Dec Incomins Outgoittg 2017 ReSOUEces Resouryes 31>Nov 2018 109.W 103.297 Purpose5 of resttlrted funds Donations or grants rffdved whith aTe dedicated by the donor forspthc purposes. Such purposes are wxthin the overall aim of the orgamisati 17. Corttinsentliabilitles The charity h$ a contingent]xability to the grdnt awarding IM)dies to repay grants if certain cotiditions are not mel 18. Company limited byguarantee CullyhaDm4 Colllmuntty Group is p ¢O]YLpany liirrited by guarantee and dc not have a Sho capital. Jn the event of windingup. each memiw is liable to contribute anamowitnot exceeding £1. 12