CLOUGHMILLS COMMUNITY ASSOCIA TION REPORT AND FINANCIAL STATFMENTS FOR THE YEAR ENDED 31st DECEMBER 2024
CLOUGHMILL8 COMMUNITY ASSOCIATION TRUSTEES, REPORT FOR THE YEAR ENDED 31st DF,CEMBER 2024 Reference and administrative details Charity name Cloughmills Conimunity Association Regi.8tration body The Charity Commi88ion of Northei'n Ireland Charity registration number 106443 Correspondence addre.gs Cloughmill4 Community A%%ociation CIO Angela Dowds 46 Bi'idoe Road Dunloy Ballymena B T44 9EA Trustees Mr David Robinson MBE Mr Paul Mccormack Mrs Eileen O'Toole Mrs Orla Smyth Mrs Phylli.s Mccann Mr John McGuckian Mrs Angcla Dowds Mrs Donna Magill Mrs Maura MorYi8on Mr Donal Marlin Mrs Elizabeth McLaughliii Objectlves and actAvities The principal activilies of the charity are relief of povci-ty, enhanLemenl of education and pi'()motion of faLililie.s in the inlei'est of social welfare for reci'eatioi) and leisui'e. The objtictive is to improve conditioiis of life foi- all iiiliabicants of Cloughniills (Co. Aiiii'im) aiid 115 5111-rouiiding -eas. The chai-ity aiin.s to pi'ovide coniiiiLinity hall faciliiies for all members of the coininunity to develop and maint£iill the sLrong, vibrant coniniunity spirit in the villdge <ind ¥urroundiiig area.
CLOUGHMILLS COMMUNITY ASSOCIATION TRUSTEES, REPORT (continued) Achievements and performance The hall je u.sed by a wide variety of people including c01nmunity groups. Tliese user.s pay a iiiodest fee and this income. togethe.r with ih(tt fi'om tundraisiiig aiid social events piovide.s tunds toi the inaintenaiice foi. the building. Financial review In the year to 31 si December 2024, income lotalled £14,060 and expenscs, £16,060 resuliiiig in a net dcficit for the year of £2,000. At ihe year end the nel a.ssets of the Association were £789. The Association aims to retain a small Surplus each ye to ensure that any widei. charitable PULyoqe can be funded troin reserves. Strui:lurey governance and management The Association maintains a constitiitional document which was updated and approved by the meiiibers in 2017. It describes the purpose (ind the public benefit objectives of the Association. The detail can all be found on The Ch(Irity Commission of Northern Ireland's website. The appointmcnt of Trustees ]% governed by ihe constitution. Applications to becc)me a tl-U5tcc i-equii-e majoiity appr(Ival from tlie cxi.%ting Ti'uscccs and the Ass()ciation's Tncmbei-s. Exemptions from disclosure The Association is not availing ot any disclosure exemptions. Funds held as custodian trustee on behalf of others The Association does not hold any funds as a custodian triistee. Appi'oved by the Association and signed on ils bchalf Mi's Angela Dowds TLllStee IO" OLlober 2025
CLOIJGHMILIS COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st DECEMBER 2024 2024 2023 Income Hall rental Grants Fuiidraising income 8,493 3,260 2,307 6,717 6,021 4,735 14,060 17,473 Expenses Tnsuraiice Utility expenses Building maintenance GeneY£il expen5e5 Bank chargeq Depreciation 350 5,986 6,595 3,035 94 8,590 90 1,771 16,060 16,618 Net (deficit)I siirplus for che year (2,000) 855 ReconLiliation of funds Total funds as at I st January 2024 Net (deficit)l income for the year 2,789 (2,000) 1,934 855 Total funds as at 31st December 2024 789 2,789
CLOUGHMILIS COMMUNITY ASSOCIATION BALANCE SHEET AS AT 31st DECEMBER 2024 (Charity No. 106443) 2024 202_3 Fixed assets Current assets oihei- debtor% Cash at bdiik and on hand 1,154 27,112 144 29,024 28,266 29,168 Current liabilities Accruals 27,477 26,379 27,477 26,379 Net cllrrent liabilities 789 2.789 Total liabilities 789 2,789 Represented by Unresli-iLted funds 789 2,789 Tot21 charity funds 789 2,789 Approved by the Tiuscees 011 i oih October 2025 and signed oli its behalt.: Mi's Angela Duwds Tiustee Mi"s Maura moii.ison Ti-ustee
CLOUGHMILLS COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31stDECEMBF.R 2024 Charity Information The Charity is an unincorporated body regi.stered with the Charity commis.sion for Northern Ireland. All ot the Charity's activities are Larried out throughout Northern Ireland. The corre5pondenLe address is 47 Bi'idge Road, Dunloy, Ballymena, BT44 9EA. Principle accounting policies Basis of preparation These financial stacements are prepared in accordance with Thc Charities Stalement of Recommend Practise undei- FiiianLial Staiiding l 02. Income Income repre.sents all income received from hall iental, fund raising activities dnd function income. Expenditure Expenditure is ordinarily recognised at the time of incurring the expense. Liabilities and the related expenditure are also recognised in circiimstances in which the charity has a measurable present or legal obligation as a re8lllt of the past event, and it is probable that a transfer of economic benefits will be required for settlemenl. Tangible assets The tangible assets of the charity compri%e of planl and cquiprnent which is dcpreciated al a I'alL calLulated to reduce it to residual value at the end of its expected norn)al life on a straight-line basis at a l-ate of 20010 per annum. Funds Unresti-icted funds <ilE spent or applied at the discreti()n ot the truslees to fuithei- any of the chai-ity'.s pui'pose.% and may be used to supplerneiit expendilui'e made t'i-om I'esti-icted l unds. Ti-ustees rnay, 011 occasion, choosL to scl aside a parl of the uni'esti'icted fuiids to bc used foi- a pai'licular fului'e project oi. commitment. Where such cii'cumstances arlse, these funds al-e sepaidtely disclobed a5 designated funds on the balance sheet. The charity does not hold any restricced funds.
CLOUC.HMILIS COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMIIER 2024 (cont'd) Fixed assets Equipment Total Cost At I st january 2024 At 31st December 2024 8,843 8,843 8,843 8,843 Depreciation At I st January 2024 Depreciation At 31st December 2024 8,843 8,843 8,843 8,843 Net book value At 31st December 2024 At 31 si December 2023
CLOUGHMILLS COMMUNITY ASSOCIATION INDEPENDENT F.XAMINER'S REPORT TO THF. TRUSTEES OF CLOUGHMILIS COMMUNITY ASSOCIATION I report on the accounts for (he year ended 31 st Decembei. 2024, which are sel out on pages 3 to 6. RespectR ve responsibilities of charity trustees and examiner As the charity's Irustees you are responsible for the pi-eparation ot the accounts in accoi-dance with the Chai'ilies Acl (Northern Ireland) 2008. It As my responsibility to: exaniine the account5 undei. section 65 of the Charities Act. follow the pi-ocedui-es laid down in the general Dii'ection% given by the Cominis%ion under section 65(9)(b) of the Chai-iliLs Act. stalc wheihei- pailicular matters have come to my attenti()n. Basis of independent examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examinatlOD was carried out in accoi'dance with the general Directions given by the Charity Commission toi Noi'thei'n Ireland undei. ,section 65(9)(b} of the Charities Act. My examination included a review of the accouiiting records kept by the chariiy aiid a compai'is()11 of the accounls pi'esented with those records. It also included consideration of any unusual item.q or disc105UTes in the accounts, and seeking explanations from you as charity trustees concerning any such inatters. My role i.s to State whether any inaterial matte13 have come to my atteiilion giving me cause to believe.. That accounling recoi-ds were not kept in accordance wilh section 63 Ol- the Charilies ALt. That the accounts do not accoi'd with those accouiiting records. That the accounts do not comply with the accounting requirements of the Charitie5 Act. That there is further information needed foi. a pi'opei. understanding of the accounts to be reached. Iiidependeiit examiiier's statement I have conipleted my examination and have no concerns in respect of the matters ( l) to (4) lisied above and, in connection with following the Directionb of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Stevenson and Wilson 22-30 Broadway A venue Ballymena Sean McIlhatton Membei of the In8titute of Chartered Accountants in Ii'eland Iolh October 2025