SCCRR (Nl) Ltd (A company limitsd by guarantee. not having a share capltall Annual Report and Unaudited Financial Statements for the financial year ended 31 October 2023 Gildernew & Co Chartered Accountants and Reglstered AudltorJ Six Northland Row Dungannon Tyrone BT716AW Company Number: N1641506 Charity Number: 106640
SCCRR (Nl) Ltd IA company limitèd by guarantoè. not having a shar¢ cèpltall CONTENTS Page Reference and Administrative Information Directors, Annual Report Statement of Directors, Rasponsibilities Independent Examinerfs Report statement of Flnancial Activitles Balance Sheet Notes to the Financial Statements 9-11
SCCRR (Nl) Ltd (A company Ilmitèd by guarants¢. not having a Share ¢apltal} REFERENCE AND ADMINISTRATIVE INFORMATION Dlrectors John Adams Halliday Maria Elizabeth McNicholl James Columba O'Hara Oliver Noonan Charlty Number In Northern Ireland 106640 Company Régistration Numbèr N1641506 Registered Offlce and Prlnclpal Address 319 Clooney Road Limavady Dery BT49 9JE Northem Ireland Independent Exarnlnor Gildemew & Co Chartered Ac¢ountsnts Six Northland Row Dungannon Tyrone BT716AW
SCCRR (Nl) Ltd (A company Ilmlted by guarantee, not havlng a share caplta DIRECTORS, ANNUAL REPORT for the fjnancial year ended 31 October 2023 The d1CtOrS present their Directors. Annual Report. combining the Directors. Report and Truslees, Report, and the unaudited financial statements for the financial year ended 31 October 2023. The financial statements are prepared in accordance with the Companies 2006, FRS 102 'The Financlal Reportlng Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charilies.. Statement of Recommended Practice applicable to charities preparing their financlal statements in accordance with the Financial Reporting Standard applicablè in the UK and Republic of Ireland (FRS 102). The Directors, Report contains the information required to be pmvided in the Directors. Annual Réport under the Statement of Recommended Practice (SORP) guidelines. The directors of the charity are also charity trustees for the purpose of charity law and under the charivs constilulion are kn¢)wn as members of the board of trustees. In this report the directors of SCCRR (Nl) Ltd present a summary of its purpose. govemance. acllvllles, achievements and ffnances for the financial year 31 October 2023. The Charity is a registered charity and hence the report and re8uIts are presented in a fomi whlch eomplia5 Wlth the requlremenls of the Companies Act 2006 and. although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has Implemented its recommendations where relevant in these financial slalements. Flnancial Review The résults for the financial year are Sat out on page 7 and additional notes are provlded showing income and expendllure Sn grealer detall. Flnanclal Results At the end of the flnancial year the charity has aBsets of £27,617 (2022 £10,902) and liabillti98 of £276 (2022 £1611. Tha nel assots of the charfty have Increased by £16.600. Dlre¢tors The directors who 8eDmd Ihroughoul the financlal year, except as noted. were 88 folbws: John Adams Halllday Maria Elvzabelh McNicholl James Columba O'Hara Oliver Noonan In accordance wrth the Consutullon, Ihe dlrectors retre by rotalion and, belng ellgible, offer Ihemselves for re4lectlon. Compliance wlth Sector-wide Legislatlon and Standards The charity engages pro-actively with le9islation. standards and codes which are developed for the sector, SCCRR (Nl) Ltd subscribes lo and is Compliant with tha following: The Companies Act 2006 The Charitiés SORP IFRS 102) Approv rd of Dlroctors on 8 July 2024 and slgned on Its behalf by: oh ru Adam tee al 2310712024 Maria Elizabeth McNicholl Tru5tsè
SCCRR (Nl) Ltd (A eompany Ilmlted by guarantee. not havlng a share ¢apltal) STATEMENT OF DIRECTORS. RESPONSIBILITIES for tho financlal year ended 31 October 2023 The directors are responsible for preparing the financial statements in accordance with applicable law and regulations. Company law requlres the directors to prepare fala1 statements for each financial year. Under Ihal law the directors have 818Cted lo prepare the financial ststements in accordanoe with United Kingdom Generally Accepted Accounting Practice (United Kingdom A¢¢ounling Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Seclion 1A (Small EntÈties). Under company law Ihe dlrectors must not approve the financial slalements unless they are sallsfied Ihal they give a true and falr vlew of the Stale of affairs of the company and of the surplus or deficit of Ihe company for that period. In preparing these financial statements, the directors are required lo: select suitable accounting policies and apply them consistently: make judgements and esllmates that are reasonablé and prudent. slale whether the financial stal8m8nls have been prepared in accordance with the relevant financial reportlng framework. id8nllfy those standard5, and note the effecl and the rea50n¥ for any material departure from Ihose standards; and prepare the financlal statements on the going concem basis Unl it ts inappropriate to pr8sum8 that thé charity will continue In operation. Thè directors confimi Ih8t they have ¢omplled th tho above requirements In prepari)g the financial statéments. The directors are responsible for keeping adequate accounling records that are sufficient lo show and explain the charitys transacllons and disclose with reasonable accuracy at any lime the financial posllion of the charlty and enable them to ensure that the finandal sialemenls comply with. They are also responsible for safeguarding the assets of the charlty and hence for taking reasonable steps for the prevention and delectlon of fraud and other Irregularities. Approv rdo Dlrectors on 8 July 2024 and slgned on its behalf by: Adam tee 2310712024 Marla Ellzabeth McNicholl Truste6
SCCRR (Nl) Ltd IA company IlmSted by guarantee, not havlng a share capltsll INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF DIRECTORS OF SCCRR (NI) LTD We have examined the financial statements of the tharity for the financial year ended 31 Octobèr 2023, which mprise the Statement of Financial Actiwlies lincorporating an Income and Expenditure Account), the Balanc8 Sheet and the related notss. Rg$pectiv6 responsibilities of diréctors and examiner The charitys trustees (who are also the directors of tho company for th6 purposes of company lawl are responsible for Ihe preparation of the financial statements in accordance with the rèquiramènts of the Companies Act 2006. The charity'6 directors consider that an audit is not reqUId for this financlal year urKler Chapter 3 of Part 16 of the Companies Act 2006 and Ihat an indep8ndent examination is required. 11 Is our responsibility to: examine Ihe financial Statements under section 65 01 Ihe Charities Act: follow the procedures laid down by the general Dlrections gNen by the Charity Commlsslon for Norlhem Ireland under secllon 6519}Ibl of the Charities Act: and stste whether particular matters have come to our attention. Bas15 of Independent examineV5 report We have examined your charity financial slatements as required under section 65 of thg Charities Act and our examination was Carri out in accordance with the gener31 Dire¢llons given by the Charity Commisslon frjr Northem Ireland undèr section 65191{b) of the Charities Act. An examination includes a review of the accounllng records kept by the charity and a cornparison of the financial statements presented wlth Ihos¢ records. It also Includes consideration of any unusual Items or disclosures in the financial ststemenls and seeking explanations from the dlrectors concèrnlng any such matters. The procadures undertaken do not provide all the evidenrk that would be required in an audlt and cOnsequenY no opinion is given as lo whether the accounts present a 'true and fair, view and the raport Is1Smiled to those matters Set out In the stalemenl below. In conneGlion wtth our examination. no Matter has come lo our attentlon which gives u5 cause to belleve that In, any material respect.. a¢¢ounling records werg not kept in accordan wllh secllon 386 of Ihè Companies Act 2006 the financial stalemenls do not accord wilh those accounting rerdS the financ5al slalemenls have nol been prepared in accordance with th8 accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Slalement of Recommended Pracllce applicabl6 to chafllles preparing Ihoir accounts in accordan with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland {FRS102) there Is lurther information needed for a proper undorslanding of the aco)unts to b8 reached. Independent examlnerfs statement We have no concerns and have come across no other mallern in connection with the examination to which attention should be drawn in thls report In order to enable a proper understanding of the financial sfatemenls to be aChed. Mrs C McElduff (on behalf ofj GILDERNEW & CO Chartered Accountants and Reglstered Auditors SIX Northland Row Dungannon Tyrone 8T716AW Date: 8 July 2024
SCCRR (Nl) Ltd (A comparty Ilmited by guarants•. not havlng a $har• capltsll STATEMENT OF FINANCIAL ACTIVITIES (InrpOratIng an Income and Expendlture Account) for the financial year ended 31 October 2023 Unrestricted Funds 2023 Total Unrestricted Funds Funds 2023 2022 Totsl Funds 2022 Notès Income Donations and legacles 17.016 17.016 2.105 2.105 Expgnditure Raising fijnds Charitable activilies 32 226 32 226 370 370 Tolal Expendlture 416 416 258 258 Net incomo1(8xpendituro) 16,600 16.600 1.847 1,847 Trdnsfets betren funds Net movement In lunds for the financial year 16,000 16.600 1.847 1.847 Reconclllatlcn of funds: Total funds beginning of the year 10,741 10.741 8.894 8,894 Total funds at the end of the year 27.341 27.341 10.741 10.741 Tho Statsment of Financial Activitie8 includes all gains and Ioss6s Y8Gognised in the firncIal year. All income and expenditure relate to ntInuing activities. Tho notes on pages 9 to 11 fom? part ofthe finaM?151alement5
SCCRR (Nl) Ltd {A company limited by guarantse. not having a share capltaE) Company Number.. N1641506 BALANCE SHEET as at 31 O¢lober 2023 2023 2022 Notes Current Assets Cash at bank and in hand 27,617 10.902 Creditors: Amounts falllng due wlthln one year (276) (161) Net Current Assets 27,341 10,741 Total Assets less Current Liabilities 27,344 10.741 Funds General fund (unrestricted) 27,341 10.741 Total fvnds 27.341 10.741 These financlal ststements have been prepared in acordan with the special provisions relating to small companies within Part 15 of the Companies Act 2006. For the financial year ended 31 October 2023 Ihe charty was entitled to exempti¢)n from audit under $8cllon 477 of the Companiès Act 2006: snd no notice has been deposiled under sacilon 476. Tha directors confirm that the members have nol qUIred the company lo obtain an audli of its financial ststem&nts for the financAal year in question in accordance with section 476 of the Companio5 Act 2006. The directars acknowledge their responsibi1S1ies for ensuring thal the charity keeps accounting records whbeh comply with section 386 and for preparing financial slal8ments whiGh give a true and falr vlew of the state of affairs of th& charity as al the en¢J of the financial year and of ils profit and loss for the financlal year in accordence wilh the requirements of se¢lions 394 and 395 and which otherwise comply with the requirements of Ihe Companles Act 2006 relating to financlal statements. so far as applicable to the charity. The financial slalements have been prepared in a¢¢ordance with Ihe provisions 8ppli¢able lo companies subject lo the small companlos, regime and in accordance with FRS 102 'The Flnanclal Reporting Standard applicable In the UK and Republic ol Iland. applylng Se¢lion 1A ol that Standard. Approv ard of Dlreetors and authorised for l$$ue on 8 July 2024 and slgned on Its bèhalf by Ad tee 2310712024 Maria Elizabeth McNlcholl Trustee Tha notes on pages 9 to 11 fvrm part of Ihe firla1 sialements
SCCRR (Nl) Ltd IA company limited by guarantÈè, not having a sharè ¢apitall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 October 2023 GENERAL INFORMATION SCCRR (Nll Ltd is a company Ilmlled by guarantee incorporated in Northem Ireland. The registered offi¢e of the charlty Is 319 Clooney Road, Limavady. Oerry, BT49 gJE. Northern Ireland which Is also the principal place of business of the charity. The financial statements have been presented in Pound {£) which Is also tha functlonal curréncy of the charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consistenuy in dealing with items which are considered material In relalion lo the ¢harily'S financial statements. Basis of preparation The financlal statemenls have been ppared on the golng con¢em basls urder the historical cost convention, modified lo include ¢ertain items al fair valug. The financi81 slalements have been prepared In accord8nc8 wlth the Sialement of Recommended Practice (SORP) "Accounting and Reportlng by Charities pparIng their accounts in acrdanCe with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland FRS 102.. epplylng Se¢knon 1A of that Standar(l. As permitted by the Companles Act 2006, the charlty has variad th8 Standard formats in that act for the Statèmènt al Finan81 Acliviliès and the Balanc& SheeL D8parturès from the standard formals are to comply with the requlrements of the Charilles SORP and are in cornpliance with seclion 4.7. 10.6 and 15.2 of that SORP. Statement ¢f complianco The flnancial slalements of the charbty for tha nnancial year ended 31 October 2023 have been prepared on Ihe going concem basis and in accordance with the Ststement of Recommended Practice (SORPI 'Accounting and Reporting by Charities preparing their accounts in a¢¢ordanc8 With the Financial Reporting Standard applicable in the UK and Republic ol Ireland FRS 102". applylng Section 1A of that Stsndard. Fund accountlng The followlng are the categorles of funds malntalned: Restrlcted funds Reslricled lunds represent income received which can only be used for particular purposes. as spe¢lfled by the donors. Such purposes are within the overall objectives of the charity. Unrestrlcted funds Unreslricled funds consist of General and Designated fund8. General funds present amounts whlch are expendable at the discretion of thè board, in fvrtherance of ihe objectives of the ch8rity. Deslgnaled funds comprise unreslricled funds Ihat the board has. at its discretion. sel aside for particular purposes. These deslgnations have an adminlstralive purpose only. arKI do not legally reslrfct the board's discretion lo apply the fund. Income Income is recognised by inclusion in Ihe Slatement of Financlal Activities only whén the charity is legally enlilled to Ihe income, performance condibons attached to Ihe itemls) of income have been mel. the amounts involved Can be measured with suffirAent reliability and it is probable that the income will b8 réceived by the charity. Expenditure Expenditure Is analysed between costs of charitable aclivitie5 and raising funds. The costs of each aclivlty a separately accumulated and disclosed. and analyse¢J accordlng to Iheir major components. Expenditure is recognised when a legal or constructiv8 obligation exists as a result of 8 past event, a transfer of economic benefits is required in settlement and the amount of the obligation can be reliably measured. Support costs are those functions that assist the work of the charity but cannot be attributed to one actlvity. Such costs are allocated to actNities in proportion to staff time spent or olher suitable measure for each actÉvity. Cash at bank and in hand Cash at bank and in hand comprises cash on deposit at banks requiring less Ihan three months notice of withdrawal.
continued SCCRR (Nl) Ltd IA company Ilmlt8d by guarante•. not havlng a shara capltall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 October 2023 Taxatlon and deferred taxatlon No currént or dèferred taxation arises as th6 charity has bèan granted charrtable exemption. Irrecovarabla valued addéd t2x is éxpansèd as incurred. D6rred tax is recognised In respect of all timlng differencès thal havè ortginated bul not reversed at tho balance sheet dale where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future. or a righl to pay less tsx in Ihe future. Timing differences are temporary differen¢88 between the chariV5 tsxable income and its results as staled in Ihe financial ststemenls. Deferred tsx is measured on an undtscounted basis at the lax rdles that are anticlpated to apply in the periods In whlch the tlmlng differences are @xpect6d to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date. INCOME DONATIONS AND LEGACIES Unrestricted Restrlctad Funds Funds 2023 2022 Donations and legacles 17,016 17.016 2.105 EXPENDITURE RAISING FUNDS Direct Costs Other Costs Support Costs 2023 2022 R8ls5ng fiJnd8 32 CHARITABLE ACTIVITIES Dlrecl Costs Other Costs Support Costs 2023 2022 Expandiiure on charllable activites 370 370 226 SUPPORT COSTS Cost of Raisirtg Funds 2023 2022 Support 46 46 ANALYSIS OF SUPPORT COSTS 2023 2022 Support 46 CREDITORS Amounts lalling due within one year 2023 2022 Accruals and deferred income 276 161 10
continued SCCRR (Nl) Ltd IA ¢o¥npany limited by guarnntee, not havlng a share eapft41) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 October 2023 RESERVES 2023 2022 At the beginning of the year Surplu5 for the financial year 10,741 16,600 8,894 1,847 At the end of the year 27,341 10,741 FUNDS RECONCILIATION OF MOVEMENT IN FUNDS Unrestrlctèd Funds Total Funds At 1 November 2021 Movement during the financial year 8,894 1.847 8,894 1,847 At 31 October 2022 Movement durlng the Ilnancial year 10,741 16,600 10,741 16,600 At 31 October 2023 27,341 27,341 ANALYSIS OF MOVEMENTS ON FUNDS Balan 1 November 2022 Incom6 Expendlture Transfers betwean funds Balance 31 October 2023 Unrestrlcted funds Unrestricted General 10,741 17,016 416 27,341 Total funds 10,741 17,016 416 27,341 ANALYSIS OF ASSETS BY FUND Currènt asset$ Current Ilabllllles Total Unreslrlcted general funds 27.617 (276) 27,341 27,617 (276) 27,341 STATUS The charity is a company limiled by guarantee not haVg a share capital. The liability of the members is limited. Every member of the company undertakes lo contribute to the assets of the company in the evènt of Its belng wound up while they are member5, or within one financial year thereafter, for Ihe paymenl of Ihe debts and liabilities of the company ¢ontra¢led before they ceased lo be members, and the costs, charges and expenses of winding up, and for the adjustrnent of the rights of the contributors among themselves. such amount as may be required, not excoeding £ 1. 10. POST-BALANCE SHEET EVEKrs There have been no significant events affecting the Charity since the finan¢ial yearend. 11