Registered number.- N1629698 LOUGHSHORE COMMUNITY SERVICES UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Loughshore Community Services Contents Page Company Inft)rmation Accountant'5 Report Income and Expenditure Account Balance Sheet The following pages do not form part of the statutory accounts: Detsiled Incorne and Expenditure Account
Loughshore Community Services Company Information For The Year Ended 31 March 2025 Dlrectors Mr George Crozier Mrs Kelleyann Gilligan Miss Grace McGuigan Company Number N1629698 Registered Office 16 Anneter Road Cookstown Co Tyrone BT80 OHZ Accountants Paula Maynes & Co 48A William Street Cookstown Co Tyrone BT80 8NB Bankers Santander Bridle Road Bootle L30 4GB Page I
Loughshore Cornmunity Services Accountant's Report For The Year Ended 31 March 2025 Report to the dlrectors on the preparation of the unaudited statutory accounts of Loughshore Comrnunity Services for the year ended 31 March 2025 In order to assist 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 2025 which comprise the Income and Expenditure Account, the Balance Sheet and the related notes from the accounts.ng records and from information and explanations you have given to us. As a practising member of the Institute of Financial Accountants (IFA), we are subjert to its ethical and other professional requirements which are detsiled at http5:l/www.ifa.org.uklabout-uSl3cting-in-the-public-intere5Vmember9ulatIOnS. Our work has been undertaken solely to prepa for your approval the accounts of Loughshore Community Services and state those matters that we have agreed to stste to the dirertors of Loughshore Community Services, as a bodyi 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 directors. as a body* for our work or for this report. It is your duty to ensure that Loughshore Community servi has kept adequate èceounting records and tr) prepai-e ststutory accounts that give a true and fair view of the assets. liabilities, financial posltion ond profit or loss of Loughshore Community Services. You consider that Loughshore Community Services is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit of the accounts of LOUghsho Community Services. For this reason, we have not verified the accurdcy or completeness of the accounting records or inforrnation and explanations you have given to us and we do not, thefOre, express any opinion on the financial statements. mber 2025 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 2025 2025 2024 TURNOVER Cost of raw materials and consumables Staff costs DepCiatIon and other amounts written off assets Other charges 32,435 (10, 1661 (12,4371 (2,4441 (2,538) 29,854 (12,153} (13,877} (1.603) (3,4821 NET SURPLUS/IDEFICIT) 4,850 (1,2611 Page 3
Loughshore Community Services Balance Sheet As At 31 March 2025 2025 2024 Fixed assets 13,678 9,916 Current assets Creditors.. Amounts Falling Due Within Olle Year 18,858 (9,474) 7.996 NET CURRENT ASSETS 9,384 7,996 TOTAL ASSEfs LESS CURRENT LIABIUTIES 23,062 17,912 Accruals and deferred income 16001 (3001 NET ASSETS 22,462 17,612 RESERVES 22,462 17,612 Notes l. General Inforrnation Loughshore Community Services is a private company. limited by guarantee. incorporated in Northern Ireland, registered number N1629698. The registered office is 16 Anneter Road. Cookstown. Co Tyrone. BT80 OHZ. Director resignations: Patrick McNally 28104125 Director appointments.. Kelleyann Gilligan 28104125 Grace McGuigan 28104125 Company secretary resigantion: Patrick McNally 01105125 2. Average Number of Employees Average number of employees. induding directors, during the year was: l (2024: 1) 3. Company Ilmited by guarantee The company is limited by guarantee and has no Sha capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1. Page 4
Loughshore Community Services Balance Sheet (continued) As At 31 March 2025 For the year ending 31 March 2025 the company was entitled to exemption from audit under sertion 477 of the Companies Act 2006 relating to small companies. The rnembers have not required the company to obtsin an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Att with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the micro-entity provisions. On behalf of the board Mr George Crozier Director 8 September 2025 Page 5
Loughshore Community Services Detailed Income and Expenditure Account For The Year Ended 31 March 2025 2025 2024 TURNOVER Donations, ftjndraising & events income Grants received 15,975 16,460 15,714 14,140 32,435 29.854 COST OF RAW MATERIALS AND CONSUMABLES Events expenses Classes Christmas Tree Switch On expenses Office stationery & costs Summer Scheme expenses 2,736 4,390 2,754 286 4,690 4,057 2,522 80 804 (10,166) (12,153} STAFF COSTS Wages and salaries Travel expenses 10.363 2,074 9,489 4,388 { 12,437) (13,877) DEPRECIATION AND OTHER AMouKfs WRrrrEN OFF ASSETS Depreciation 1,603 {2.444) 11,603) OTHER CHARGES Premises expenses.. Rent Light and heat Repairs and maintenan 300 587 360 864 947 1,164 General administration costs.- Insurance Advertising and marketing costs Accountancy fees Professional fee5 Sundry expenses 763 799 120 240 516 360 300 168 643 1,591 2,318 (2.538) 13.4821 NET SURPLUS/(DEFICIT) 4,850 11,261) Page 6