CLOUGHMILLS COMMUNITY ASSOCIATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2022
CLOUGHMILLS COMMUNITY ASSOCIATION TRUSTEES, REPORT FOR THE YEAR ENDED 31st DECEMBER 2022 Reference and administrative details Charity name Cloughmills Community Association Registration body The Charity Commission of Northern Ireland Charity registration number 10644) Correspondence address Cloughmills Community Association CIO Angela Dowds 46 Bridge Road Dunloy Ballymena BT44 9EA Trustees Mr David Robinson MBE Mr Paul Mccormac Mrs Eileen O'Toole Mrs Orla Smyth Mrs Cannel McGu¢kian Mrs Phyllis Mccann Mr John McGuckian Mrs Angela Dowds Mrs Donna Magill Mrs Maura Morrison Mr Donal Martin Objectives and activities The principle activities of the charity are relief of poverty, enhancement of education and promotion of facilities in the interest of social welfare for recreation and leisure. The objective is to improve conditions of life for all inhabitants of Cloughmills (Co. Antrim) and its surrounding areas. The charity aims to provide community hall facilities for all members of the community to develop and maintain the strong, vibrant community spirit in the village and surrounding area.
CLOUGMILLS COMMUNITY ASSOCIATION TRUSTEI S, REPORT (conlinuecl) Achievements 2nd performance The hall is used by a wide variety of people including community groups. These users pay a modest fee and this income, together with that from fundraising and social events provides funds for the maintenance for the bui Iding. Financia.1 review In the year to J I st December 2022, income totalled £24,924 and expenses, £25,446 resulting in a net deficit for the year of £522. At the year end the net assets of the Association were £1,934. The Association aims to retain a small surplus each year to ensure that any wider charitable purpose can be funded from reserves. Structure, governance and management The Association maintains a constitutional document which was updated and approved by the members in 2017. It describes the purpose and tlie public benefit objectives of the Association. The detail can all be found on The Charity Commission of Northern Ireland's website. The appointment of Trustees is govemed by the constitution. Applications to become a trustee require majority approval from the existing Trustees and the Association's members. Exemptions from diselosure The Association is not availing of any disclosure exemptions. Funds held as custodian trustee on behalf of others The Association does not hold any funds as a custodian trustee. Approved by the Association and signed on its behalf Mrs Angela Dowds Trustee 24th October 2023
CLOUGHMILLS COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31stDECEMBER2022 2022 2021 Income Hall rentdl Grants Fundraising income 9,890 6,215 7,982 6,070 250 24,087 6,320 Expenses Insurance Utility expenses Building inaintenance General expenses Bank cliarges Depreciation Donation 1,400 5,007 10,331 1,023 140 1,768 4,940 1,400 8,097 1,156 69 1,768 24,609 16.854 Net (deficit)/surplus for the year (522) (10,534) Reconciliation of funds Total funds as at I st January 2022 Net incoine for the year 2,456 (522) 12,990 (10,534) Total funds as at 31st December 2022 1,934 2,456
CLOUGHMILLS COMMUNITY ASSOCIATION BALANCE SHEET AS AT 31st DECEMBER 2022 (Charity No. 106443) 2022 2021 Fixed assets 1,771 3,539 Current assets Other debtors Cash at bank and on hand 32 26,619 16 18,838 26,651 18,854 Current liabilities Accruals 26,488 19,937 26,488 19,937 Net current (liabilities)lassets 163 (1,083) Total assets 1,934 2,456 Represented by Unrestricted funds 1,934 2,456 Total charity funds 1,934 2,456 Approved by the Trustees on 24th October 2023 and signed on its behalf- Mrs Angela Dowds Trustee Mrs Maura Morrison Trustee
CLOUGHMILLS COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31stDECEMBER 2022 Charity Information Tlie Charity is an unincorporated body registered with the Charity Commission for Northern Ireland. All of the Cliarity's activities are carried out throughout Northern Ireland. The correspondence address is 47 Bridge Road, Duiiloy, Ballymen4 BT44 9EA. Principle accounting policies Basis of preparation These financial statements are prepared in accordance with The Charities Statement of Recommend Practise under Financial Standing l 02. Income Income represents all income received from hall rental, fund raising act.ivities and function incoine. Expenditure Expenditure is ordinarily recognised at the time of incurring the expense. Liabilities and the related expenditure are alio recognised in circumstances in which the charity has a measurable present or legal obligation as a result of the past event, and it is probable that a transfer of economic benefits will be required for settlement. Taiigible assets Tlie tangible assets of the charity comprise of plant and equipment which is depreciated at a rate calculated to reduce it to residual value at the end of its expected nornial life on a straight-line basis at a rate of 20% per annum. Fuiids Unrestricted funds are spent or applied at the discretion of the trustees to further any of the charity's purposes and may be used to supplement expenditure made from I"estricted funds. Trustees may, on occasion, choose to set aside a part of the unrestricted funds to be used for a particular future project or commitment. Where such circumstances arise, these funds are separately disclosed as designated funds on the balance sheet. The charity does not hold any restricted funds.
CLOUGHMILLS COMllIlUNITY ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2022 (cont'd) Fixed assets Equipment Total Cost At I st January 2022 At 31st December 2022 8,843 8,843 8,843 Depreciation At I st January 2022 Depreciation At 31st December 2022 5,304 1,768 7,072 5,304 1,768 7,072 Net book value At 31stDecember 2022 At 3 1st December 2021 1,771 3,539 1,771
CLOUGHMILLS COMMUNITY ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CLOUGHMILLS COMMUNITY ASSOCIATION I report on the accounts for the year ended 31 st December 2022, which are set out on pages 3 to 6. Respective responsibilities of charity trustees 2nd examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to.. examine the accounts under section 65 of the Charities Act. follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act. state whether particular matters have come to my attention. Basis of independent examiner's report. I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commissioii for Northern Ireland under section 65(9)(b) of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: That accounting records were not kept in accordance with section 63 of the Charities Act. That the accounts do not accord with those accounting records. That the accounts do not comply with the accounting requirements of the Charities Act. That there is further information needed for a proper understanding of tlie accounts to be reached. Independent examiner's statement I have completed my examination and have no concerns in respect of the matters ( l ) to (4) listed above and. in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. i// Sean Mcllhatton Member of the Institute of Chartered Accountants in Ireland Stevenson and Wilson 22-30 Broadway Avenue Ballymena 24th October 2023