Club Down (Cumann an Duinl Annual Report and Unaudited Financial Statements for the financial year ended 31 Octobor 2025 Mccoy Hamill Chartered Accountants Old Ga8works Buslnèss Park 1st Floor Unit 1 Kilmorey Street Newry Co.Down BT34 2DH Northem Ireland Charity Numbtrr.. NIC106245 1114
Club Down {Cumann an Duin) CONTENTS Page R818f8nce and Administrative Inforrnation Trustees. Raport Slatemeril of Trust88s' Responsibilities Independent Examinerfs Report Slatemant of Financial Activities Balance Sh89t Notes to the Financial Slat8mÈnts 9-11 Supplementary Inforrnalion r81ating to thè Financial Statements 13-14 2114
Club Down {Cumann an Duin) REFERENCE AND ADMINISTRATIVE INFORMATION TrustO85 Batry Artnstrong Diarmuid Cahill Maureen O'Higgins Gabriel Mccoy Michael O'Rourke (Appolnted 28 August 20251 Patrick Savag8 (Appointed 28 August 20251 Brendan Mccoy Chairperson Maureen O'Hlgglns Charity Secretary Barry Armstrong Charlty Numbor In Northem Ireland NIC106245 Independont Examlner Mccoy Harnlll Chartered Accounlants Old G3sworks Business Park 181 Floor Unit 1 Kilmoroy Street Newry Co.Down 8T34 2DH Northern Ir8land Prlnelpal Banktrts FIt Tru81 Bank 42-44 Hill Street BT34 1AU Northem Ireland 3114
Club Down (Cumann an Duin) STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financial year 8nd8d 31 Octob&r 2025 The trustees are rèsponslble for prèpartng the financial statements in 8ccordance ¥vith applicab18 law and regulation5. The 18w applicable lo charities in Northem Ireland requires the trustees to prepare fin8ncial stslemenls for 8ach finanrial year which giv8 a tru8 and fair of th& assets, liabilities and financial po51tn of Ihe charity as at the Iinancial year 8nd dale and of the surplus or deficit of the charity and otherwise comply with thé Charities Act (Northern Irelandl 2008. In preparing these financial statetnen15. the tru51ee5 are required to.. select 5Uitable acBDunting policiÈ8 and apply them consislènlly., observe the m&lhods and principles in the Chari118s SORP., maka judg8rnenls and accounting e51imate5 that are reasonable and prudent.. slate whether the financial stalemtnts have b@&n prep8r8d in accordance wlh applicable 4ccounling standards. Id&ntify th088 Standards, and note th8 &ffecl and the r8asons for any tnalerial departure from those standards, and prepare the financial staiements on the going GOnGem basis unless it Is in8ppfopfia18 ID presum8 al th8 charity will continue in operation. The trustees confirln Ihgt they have cornpliBd with the above requirements in preparing the financial 8t818ments. The trustees ar8 responsibl8 for keeping 8dequa18 accounting record5 that a sufficient to show and explain the charitys transactions and disclose with reasonable accuracy at any tlme the financial posilioTr of the charity and enable Ih2m lo ensure that th2 financial statements comply with the Chariti8s Act (Northem Ireland) 2008. They are also responsible for saf8guarding the assets of the charity and hence for tsknng reasonable steps for the prevention and detection of fravd and other irtegularibes. Appro1 by the Board ofTrustees on 241h August2026 and sign* ts 1th3lFby. Barry Armstrong Trn5tee Gabrt81 Mccoy Trustee 5114
Club Down (Curnann an Duin) STATEMENT OF FINANCIAL ACTIVITIES for the finanttal year énd 31 O¢tober 2025 Unrostrictsd Funds 2025 Total Funds 2025 Notss Income Donations and legaoe5 2,562 2.562 Expenditure Other expanditure f47 147 Net Incomell8XP8ndlturel 2.415 2.415 Transf8rs behw8en funds Net movement In funds for thÈ financial year 2,415 2,415 Reconciliation of funds.. Total funds beginning of the year 36,846 36.646 Total funds at the end of the year 39,061 39.061 The Slalement of Finanaal Aclivilie5 includes all gains and1055es rerognised In the financlal year. Al incom8 and 8xp8ndiiure rèlat8 lo continuing activities. Th¢ notes on pages 910 11 fomi psrt of the financial slaiements 7114
Club Down (Cumann an Duin) BALANCE SHEET a$ at 31 October 2025 2025 Notes Current A55et5 DÈbtOTS Cash al bank and in hand 387 38,674 39,061 Net Current Assets 39,061 Total A558ts 1955 Current Liabllttles 39.061 Funds G8neral fund lunrestrictedl 39.061 Total funds 39,061 The finanual 5taternents have be8n prepared in accordance wilh the provisions applitable to compani8s 8ubj8cI to th8 small companI&8' r&gim8 and in accordance with FRS 102 Vhe Financlal R8Wrting Sl8ndard applicable in the UK and Republic of Ireland.. applying Section 1A of that standard. Atvoved bylhe Board ofTrustees and authorised forissue w 24thAugust 20268nd 5vJn*l (n ts beh8Wby.' Barry Amistrong Trustee Gabriel Mccoy Tru5teÈ The nota$ on pages 9 10 11 form part of the finAncknql slalement5 8114
Club Down (Cumann an Duin) NOTES TO THE FINANCIAL STATEMENTS for the fin3nGial year ended 31 October 2025 GENERAL INFORMATION Club Down (Cumann an Duinl is a charity incorporated in Northam Ireland. Th8 registered office of the cornpany 15 Old Gasworks Business Park. Nèwry. Co.Down, BT34 2DH. Northern Ireland which Is k150 the principal place of bu8in&88 of th8 charity. The finanal 5taletnenls have been pre8enled in Pound (£1 which is also the functional currency of the charity. SUMAIARY OF SIGNIFICANT ACCOUNTING POLICIÈS The following accounting policies have been applied rpnsistenuy in dealino with items which are conside material in relation lo the charity's financial stalem&nts. Basls of prèparatlon The financial slalemenls have been prepared on the going GonGeTh basis under th8 historical cost convention, tnodified to include certain itBm5 al fair value. The financial slal8m8nt8 have b8en prepared in accordance th the Slal8m8nl of Recommended PractlC8 ISORPI Accounling and Reporbng by Charities pr&paring their accounts in accordance with the Financial Reporting Stand8rd app11cab18 in the UK and Republic of Ireland FRS 102" applying Section 1A of that Standard. A5 pemittÈd by the Companies Act 2006, the charity has varied the standard formats in that act for th8 S18t8rn8nt of Financial Activities and the Balance Sheel. Departures from the 8tandard formals are to cornply with the requirernents of the CharitiÈs SORP and are in compliance with section 4.7. 10.6 and 15.2 of that SORP. stst8ment of compllanc8 The financial 51ateTnents of the charify for the financial year 8nd8d 31 D&cember 2017 have been prepared on thè going concÈrn ba81s and in 8ccordanc8 With the Slalernent of Recornmpnded Practic8 ISORPI "Accounting and Reporting by Chaiitie5 preparing their accounts In accordance with the Finanoal RÈporting Stsndard applicable in th8 UK and R8public of Ir8land FRS 102. applying SeGtion 1A of that Standard. Fund aGGounting The following are the categories of funds maintained.. R88tr1cted fvnds Restricted funds represent income received which can only b8 Used for particular purp05e5. a5 speGified by the donors. Such purposes a within the overall obj8ctivos of the charity. Unr&$trlct¢d fund5 Unraslricled funds consist of General and Designated funds. G8n&r81 funds r8pr8s8nt amounts which are expendable al the di5Cfelion of the 8rd. In furth8rance of the obj8clives ol the charity. Designated funds Gompr18& unr8Stricl8d funds that the board ha5. at its discretion. sel aside lor pariicular purposes. Th&se designations have an administrative purpose only. and do not legally restrict the board'5 di5o¥etion to apply the fund. Incom8 Incotne is recognised by indusion in th& Statement of Financial Activit18s only when the Gharity is allY 8nlillÈd lo tha incoma. p&rform8nc8 conditions attached to the ilerlllsl of income have bèen mel, the amounts involved can be rneasured with sufficient reliability and Il Is probable that Ihe incom8 will be reGeived by the charity. Income from charitable artivitles Income from charitable activitiès include incom& earned frorn th8 supply of services under contractual arrang&m8nls and from performance related grants which hava condition8 that spefy the provision of parbcular seNi¢es to be provided by the charity. Income from governrnenl and olher cfrknnders is r8cognised 8n the charity is l&gally entitled to the income because it 15 fulfilling the conditions contain8d in the related funding agreements. Where a grant is received in tdvancÈ. ils recognition is d8ferred and inGluded in treditors. Whèrè enlillÈm&nt occurs before income is rec8ived. il is accrued in deblors. Gran15 from governments and other ¢o.fund8rs typieAlly include one of the following types of Gonditions.. P8rformanc8 b8S8d conditiOn5.' WhebY the charity is contratlually 8ntlllod lo lunding only lo the extent that Ihe wre objectives of the grant agrèemÈnt are achi8v&d. Wh8r& the charity is meeting the Gore objectives of a grant 8gr8em&nt, it recognises the related expenditure, lo Ihe extent that il is reimbursable by the donor, as 9114
ctinued Club Down (Cumann an Duin) NOTES TO THE FINANCIAL STATEMENTS for the financi81 y88r ended 31 October 2025 income. •Tim8 bas8d cDndilion5'. ¥vhereby the charity is conlraclually entitled to funding on IhE condition that il Is utilised in a particular pÈriod. In these cases the charity r8cognis8s the Income lo th8 ext&nt il is utilised within thé porlod spocffied In th8 agr88m8nl. In the absen of such conditsons. as8uming that rèceipt Is Pfobable and th8 amount can be reliably measured, grant incom8 is recognised once the charily is notified of entitlement. Grants 1Ved toward8 Capital expendlturo are cr8dit8d to th8 Stat8m8nl of Finanaal Actmlies when r8c8ived (K r8ceivab18, whichev8r is earfier. Expendituro Expendituré Is an8lys8d b8twe8n costs of charitsbl8 activities and raising funds. The costs of each activity are 58P8rat8ly accumulaled and disclosed, and analysed aGcording lo their Tnajor components Expenditure is reco9nised when 3 legal or Gonslructive obllgalion exists as a r&sult of a past ev8nt, a transf8r of economic benefits Is rÈquired in selllement and the amount of th& obligation can b8 r81iably measured. Support Gosts ar8 those function8 that assist the work of the charity but Gannol be attributed to one activity. Such costs are allocated to activities in proporbon to staff time Spent or othÈr sJltab48 m&8sure for each activity. Debtors D8blors sra recognised al the settlement amount due after any discount Offed. Prepayments 8r8 V8lu8d al the atnounl prepaid not of any trade distounls du8 Incom8 recognis8d by the charity from government agencies and other co-fund&rs, bul not yel received al financial year end. Is Induded in debtors. Cash at bank and In hand Ca8h al bank and in hand comprises cash on deposit at banks quiring less than thré8 months nobc8 of withdraw31. Taxatlon and deferred taxation No current or deferred taxation Én8es as th8 charity has been granted charitable ex8mptiM. Irr8cov6rable valued added tax is expensed a5 incurred. Deferred lax is recognis8d in respect of all lirning differences that have originated but not revetsèd al th8 balance Sheet date where transaction5 Qr events have D¢curred at that date that will result in an obligation to pay morÈ lax in th8 fulure, or a righl io pay18SS tax in the future. Timing differences are temporary differenGes between the company's taxable profits and its results as stated in the finanoal stalÈmenls. tax 48 maasured on an undiscounted basis al the lax rat95 Ihat are antirypated to apply In the p8ri0ds in whith the titning differences arè exppcted lo revèrse, b888d on lax ral8s and laws that havo b8en enacted or subslantlvély enacted by th8 balance 8heel dal8. INCOME DONATIONS AND LEGACIES Unrestricted Restricted Funds Funds 2025 Donations and legaGie5 2,562 2,562 Donations EXPENDITURE CHARITABLE ACTIVITIES Dlrett Costs Other Costs Support Costs 2025 QTHER EXPENDifuRE Direct Costs Othor 05ts Support Costs 21125 Other expenditure 147 147 Olh8r Exp8nditure 10 1D114
continued Club Down (Cumann an Duinl NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 Oclober 2025 DEBTORS 2025 Tradtr debtor5 387 RESERVES 2025 Al the beginnin9 of the year Surplu8 for th& financial year 36.646 2,415 At thÈ end of thÈ yÈar 39,061 FUNDS RECONCILIATION OF MOVEMENT IN FUNDS Unrestrlctod Fund5 Total Funds At 1 November 2023 Movement during the finanelal year 33,705 2,941 33,705 2.941 At 31 OGlobBr 2024 Movement during the fin8ncial year 36,648 2,415 36,646 2.415 At 31 October 2025 39,061 39,061 ANALYSIS OF MoveMENTS ON FVNDS Balancè I November 2024 Incom• Expendlturo Balat7Ce 31 October 2025 Unrestrlctsd funds UnrethclÈd Goneral 86".646 ",562 39.061 Total fund5 36.646 2,562 147 39.061 ANALYSIS OF NET ASSETS BY FUND Currtrnt assots Total Unrestricted general funds 39.061 39,061 39.061 39,061 POST-BALANCE SHEET EVENTS There hav8 been no significant events aff8Ctlng the Charity sinc8 th8 financial year-end. 11
CLUB DOWN CUMANN AN DUIN SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2025 12 12114
Club Down {Cumann an Duinl SUPPLEMENTARY INFORPthqATION RELATING TO THE FINANCIAL STATEMENTS OPERATING STATEMENT lor th8 financial year ended 31 Octob8r 2025 2025 Schedul8 Income 2,562 Charitable activities Ènd other exp2nsÈs 11471 Nel ¥urplu$ 2,415 The supplementary information does not form part of the finanaal statamonts 13 13114
Club Down (Cumann an Duln) SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS SCHEDULE 1 . CHARITABLE ACTIVITIES AND OTHER EXPENSES for th& finanal y&8r ended 31 October 2025 2025 Expenses Bank charge5 147 147 The suppl8rn8nlary inforrDation doe5 not fortn part of the financial statemen15 14 14114