Registered number: N1629698
LOUGHSHORE COMMUNITY SERVICES
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

Loughshore Community Services
Contents
Page
Company Information
Accountant's Report
Income and Expenditure Account
Balance Sheet
The following pages do not form part of the statutory accounts:
Detailed Income and Expenditure Account

Loughshore Community Services
Company Information
For The Year Ended 31 March 2024
Directors
Mr Patrick McNally
Mr George Crozier
Secretary
Mr Patrick McNally
Company Number
N1629698
Registered Office
58A Ardboe Road
Cookstown
Co Tyrone
BT80 OHT
Accountants
Paula Maynes & Co
48A William Street
Cookstown
Co Tyrone
BT80 8NB
Page I

Loughshore Community Services
Accountant's Report
For The Year Ended 31 March 2024
Report to the directors on the preparation of the unaudlted statutory accounts of Loughshore Community
Services for the year ended 31 March 2024
In order to asslst you to fulfil your duties under the Companies Act 2006, 1 have prepared for your approval the accounts of
Loughshore Community Services for the year ended 31 March 2024 which comprise the Income and Expenditure Account, the
Balance Sheet and the related notes from the accounting records and from infomiatson and explanations you have given to
us.
As a practising member of the Institute of Financial Accountants IIFA), we a￿ subjert to its ethical and other professional
requirements which are detailed at https=/lwww.ifa.org.uk/about-us/acting-in-the-public-interesVmemberregulation5.
Our work has been undertaken solely to prepare for your approval the accounts of Loughshore Community servI￿s and stste
those matters that we have agreed ro state to the dhrecrors of LoUghshO￿ Community Services, as a body, in this report. To
the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than Loughshore Community
Services and its dirertors, as a body, for our work or for this report.
It is your duty to ensure that Loughshore Community Services has kept adequate accounting records and to prepare statutory
accounts that give a true and fair view of the assets, liabilities. financial position and profit or loss of Loughshore Community
Services. You consider that Lovghshore Community Services is exempt from the ststutory audit requlrement for the year.
We have not been instructed to carry out an audit of the accounts of Loughshore Community Services. For this reason, we
have not verified the accuracy or completeness of the accounting records or infomiation and explanations you have given to
us and we do not, the￿fore, express any opinion on the financial statements.
Signed
6 November 2024
Paula Maynes & Co
48A William Street
Cookstown
Co Tyrone
BT80 8NB
Page 2

Loughshore Community Services
Income and Expenditure Account
For The Year Ended 31 March 2024
2024
2023
29,854
(12,153)
(13,877)
(1,603)
(3,482)
30,345
18.490)
(10,888)
TURNOVER
Cost of raw materials and consumables
Staff costs
Depreciation and other amounts written off assets
other eharges
{6,108)
NET {DEFICIT)/SURPLUS
(1,261)
4,859
Page 3

Loughshore Community Services
Balance Sheet
As At 31 March 2024
2024
2023
9.916
Fixed assets
7,996
19,173
Current assets
19,173
NET CURRENT ASSETS
7,996
TOTAL ASSETS LESS CURRENT UABILfrIES
Accruals and deferred income
17,912
19,173
{300)
(300)
18,873
NET ASSETS
17,612
18,873
RESERVES
17,612
Notes
l. General Xnformation
Loughshore Community Services is a private company. limited by guarantee, incorporated in Northem Ireland, re9iStered
number N1629698. The registered Offi￿ is 58A Ardboe Road, Cookstown, Co Tyrone, BT80 OHT.
2. Average Number of Employees
Average number of ernployees, including directOTS. during the year was: i (2023: 1)
3. Cornpany limited by guarantee
The company is limited by guarantee and has no share capital.
Every mernber of the company undertakes to contribute to the assets of the companyi in the event of a winding up, such an
amount as may be required not exceeding £1.
For the year ending 31 March 2024 the company was entitled to exemption frorn audit under section 477 of the Companies
Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with sertion 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the reqU1￿ments of the Act with respert to accounting
records and the preparation of accounts.
These accounts have been prepared in accordan￿ with the micro-entity provisions.
On behalf of the board
Mr George Crozier
Director
6 November 2024
Page 4

Loughshore Community Services
Detailed Income and Expenditure Account
For The Year Ended 31 March 2024
2024
2023
TURNOVER
Donations, fundraising & events income
Grants received
15.714
14.140
8,945
21,400
29,854
30,345
COST OF RAW MATERIALS AND CONSUMABLES
Events expenses
Classes
Christmas Tree Switch On expenses
Office furniture & equipment
Summer Scheme expenses
4.690
4,057
2,522
80
3,423
2,470
2,370
227
804
(12,153)
(8,490)
STAFF COSTS
Wages and salaries
Travel expenses
9.489
4,388
8,338
2.550
(13.877)
(10.8881
DEPRECIATION AND OTHER AMOUNTS WRI￿EN OFF
ASSETS
Depreciation
1,603
(1,603)
OTHER CHARGES
Premises expenses..
Rent
Repairs and maintenance
300
864
4,634
1.164
4,634
General admini5tracion costs."
Insurance
Advertising and marketing costs
Accountancy fees
Professional fees
Sundry expenses
799
120
776
240
324
346
28
516
643
2.318
1,474
{3,482)
16,1081
NET (DEFICIT)/SURPLUS
(1,2611
4,859
Page 5