SCCRR (Nl) Ltd IA company limited by guarantee. not havlng a sharo ¢apilal) Abridged Unaudited Financial Statements for the flnancial year ended 31 October 2024 Company Number.. N1641506 Charity Number: 106640 SCCRR (Nl) Ltd IA company limited by guarants•. not havlng a sh•r• ¢apilal) CONTENTS Pag8 Directors, Annual Report Statemenl of Directors, Responsibilities Independent Examinerfs Report Abridged Balance Sheet Notes to the Abridged Financial Statements SCCRR (Nl) Ltd IA cornpany limit8d by guarnntee. not having a share capltall DIRECTORS. ANNUAL REPORT for the financial year ended 31 October 2024 The directors present their Directors, Annual Report, combining the Directors. Report and Trustees, Report. ar￿ the unaudited financial statements for the financial year ended 31 Octob8r 2024. The financial statements are prepared in accordance with the Companies Act 2006. FRS 102 Tre Financial Reporting Standard appli¢able in the UK and Republi¢ of Ireland" and Accounting and Reporting by Charities- Statement of Recommended Practice applicable to ehariti"e$ preparing their financial ststements in accordan￿ with the Financial Reporting Standard appli¢abl8 in the UK and Republi¢ of Ireland {FRS 102}. The Directors, Report Contains th8 infomiation required to be provided in the Dire¢tors' Annual Report under the Statement of Recommended Pra¢lice ISORPI guidelines. The directors of the charity are also ¢harity Iwslees for the purpose of Charity law and under the charity's ¢onsts'tution are known as members of the board of trustees. In this report the directors of SCCRR (Nl} Ltd present a summary of its Pu￿Ose. govemance, activities, achievements and finances for the financial year 31 October 2024. The charity is a registered Charity and hence the report and results are presented in a fom) which complies wlth the quirements of the Companie$ Act 2006 and, although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republi¢ of Ireland FRS 102. the organisalion has implemented its recommendations Whe￿ relevant in these finan￿81 ststements. Flnanclal Rovlow The results for the financial year are set out on pago and additional notes are provided showing income and expenditure in gieater detail. Flnanclal Rasults At the end of the finanoal year the charity has assets of £15,413 {2023 £27,617) and Ilablllt*s of £27512023 £276). The not assets of the charity have de¢r¢ased by £{12,203}. Dlrectors The diroclors who seryed throughout the financial year. except as noted, were as follows: John Adams Halliday Maria Elizabeth McNicholl James Columba O'Hara Ollver Noonan In accordance wlth tho Constitution, the directors retire by rotation and. belng eltqible, offer themselves for re4leclion. Compllance wlth S•¢tor-Wld• Leglslatlon and Standards The charity engages proNaclively with legislation. standards and codes which are developed for th8 sector. SCCRR INI) Ltd $ub5cribes lo and is compliant with the following: The Companie$ Act 2006 The Charities SORP {FRS 1021 Approved by tho 8oard of Dlrectors on 2 < and slgn•d on Its behalf ty: JOHM F￿LL/DAy John Adarns Halllday Trustee Maria E Mc Nicholl Marla Ellzabeth McNicholl Trusteg SCCRR (Nl) Ltd IA eornpany limited by guarantee, not having a sharn capltal) STATEMENT OF DIRECTORS. RESPONSIBILITIES for the financial year ended 31 October 2024 The directors are responsible for preparing the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each finanaal year. Under that law the directors have elected lo prepare ihe financial ststemenls in accordance with United Kingdom Generally Accepted Accounting Practiee (United Kingdom Accounting Stsndards and applicable law) including FRS 102 "The Financial Reporting Slandaid applicable in the UK and Republic of Ireland" Section 1A {Small Enlitiesl. Under company law the directors musl not approve the financial slalements unles$ they are sats'sfied that they give a tnje and fair view of the slate of affairs of th8 company and of the surplus or deficit of the company for that period. In preparing these financial slatements. the directors a￿ required to.. sele¢l suitable accounting polic¢es and apply them consislenlty.. make judgements and estimates that are reasonable and prudent., slate whether the financial statements have been prepared in accordance with the refevant financial ￿porting framework. identify those standards. and note the effect and the ￿4$On$ for any matsrial departure from those standards- and prepare the financial statements on tho going concern basis unless it is inappropriate to presume that the charity wlll ¢ontinu8 in operation. The directors confimi that they have complied with the abo¥e requirements in preparing the financial ststsments. Th6 directors aré re$pon$ibl• for keeping adequate accounting records that 8r• gufficlent lo show and explain the charity's transactions and dis¢lo$e with reasonable accuracy at any lime the financial position of the ¢harity and enabl6 them lo ensure that the financial statements compty with the Companie5 Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularities. Approved by the Board of Dlr•¢tors on and slgned on Its behalf by.. JOHN HALLIDAY JOHNI HALLIDAY John Adams Halllday Trustee Maria E Mc Nicholl Marla Ellzabgth McNlcholl Trustee SCCRR (Nl) Ltd IA Cornpany limited by guarant••. not havin9 a share capital) INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF DIRECTORS OF SCCRR (NI) LTD We have examined the financial ststements of the charity for the finanaal year ended 31 October 2024. whl¢h comprise the Abridged 8alance Sheet and the related notes. R•$p8ctive responsibilltles of dlrectors and examiner The charity's trustees {who are also the d1￿Clots of the company for the p￿￿oseS of company lawl are responsible for the preparation of the financial statements in accordan¢e wilh the requirements of the Companie$ kl 2006. The charity's directors consider that an audit is not required for this financial year under Chapter 3 of Part 16 of the Companie5 Act 2006 and that an independent examination is tequired. It is our responsibility lo.. examine the financial slatemenls under Section 65 of the Charities A¢t.' follow the Pro¢edU￿5 laid down by the general Directions given by the Charity Commlssion for Northern Ireland under seelion 65{gllb) of the Charities Act.. and stale whether particular matters have come to our attention. Basls of Independ•nt •x•mlnofs report We have examined your charity financial statements as required undor section 65 of the Charities A¢1 and our examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65{91{bl of the Charities Act. An examination includes a review of the accounting records kept by the charity and a comparison of the financial slalements presented with those records. 11 also includes consideration of any unusual items or disdosu￿s in the financial stslements and Seeking explanations from th$ directors coneeining any such matters. The procedure$ undertaken do not provide all the evidence that would be required in an audit and ¢onsequenUy no opinion is given a$ to whether the accounts present a 'tNe and fairf view and the report is limited lo those matters set out in the statement below. In connection with our examination, no matter has come to our attention which gives us cause lo believe that In, any material respect.. accounting re¢oid$ were not kept in accordance wtth section 386 of the Companie$ kl 2006 the financial slalements do not accord with those accounting r¢¢ords the financial slalements have not been prepared in accordance with the ac¢ounling requirements of se¢lion 398 of the Compani¢$ Act 20C￿ and with the methods and principles of the Statement of Recommended Placlice applicable lo charitie$ preparing their accounts in accordan¢e wilh the Financial Reporting Standard appli¢able in the UK and Republic of Ireland IFRS102) there is further infomalion needed for a proper uThJerstanding of the accounts to be reached. Indop8ndent examlnefs statement We have no ¢oncerns and have come across no other matters in connection with the examination lo which attentlon should be drawn in this report in order lo enabl8 a prop8r understanding of the financial statements lo be reach•d. (W-ICG. GILD NEW&CO Chartered Accountsnls and Regi$tsred Auditors Six Northland Row Dungannon Tyrone 8T716AW Dats: ..lQ...Ap.i.J.2r)LS SCCRR (Nl) Ltd IA company limrted by guarants•. not having a share capital) Company Number.. N1641506 ABRIDGED BALANCE SHEET as at 31 October 2024 2024 2023 Currgnt Assets Cash at bank and in hand 15.413 27,617 Creditors: Amounts falllng duè wlthin ono year {2751 {2761 Net Curront Assets 15.138 27,341 Total Assets less Current Llabllltl8S 15.138 27,341 Funds General fvnd lunrestricted} 15.138 27.341 Total funds 15.138 27.341 These Abridged financial statements have been prepared in accordan¢8 wilh the speclal provislons retating to small companies within Part 15 of the Companies Act 2006. All of the Membe￿ have consented to the preparation of abridged accounts in accordance wilh se¢tion 444<￿) of Iho Companies Act 2006. For the finan¢lal year ended 31 October 2024 the charity was entitled to exernption from audit under se¢lion 477 of the Companies Act 2006.. and no notice has been depositsd under section 476. The dlrectors ¢onfim) that the members have not required the company to obtsin an audit of its financial statements for the financial year in question in a¢cordance with section 476 of the Companies Act 2006. The directors acknowledge Ihoir responsibilities for ensuring that the charity keops accounting records which Comply wllh section 386 and for preparing financial slalem¢nls which give a true and fair view of the slate of affairs of the charity as al the end of the financial year and of its profil and loss for the financial year in accordan￿ with the requirements of section$ 394 and 395 and which otherwise comply wllh the requlremonts of the Companies Act 2006 relating lo financial statements. so lar as applicable to the chaiity. The financial statements have been prepared in accordance with the provisions applicable to companies subject lo the small companies, regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republi¢ of I￿18nd. applying Section 1A of that Standard. Th• profit and loss account has not been delivered lo the Registrar of Companies. Approved by th• Board of Dlrnctors and authorlsed for ISS￿ on behalf by 10 15 and slgned on Its JOHN( HALLIDAY John Adams Halliday Trustee Maria E Mc Nicholl Maria Ellzabeth McNlcholl Trustee notes on pages 7 10 9 fomi part ofth& atxw ffinaThi¥l 5taternents SCCRR {Nl) Ltd IA company Ilmltod by guarantee, not having a shar• capital) NOTES TO THE ABRIDGED FINANCIAL STATEMENTS for the financial year ended 31 October 2024 GENERAL INFORMATION SCCRR {Nll Ltd is a company limited by guarantee incorporated in Northem Ireland. The registered office of the charity 1$ 319 Clooney Road. Limavady. Derry. BT49 9JE. Northem Ireland which is also the principal place of busines$ of the charity. The financial statements have been presented in Pound {£} which is also th8 functional currency of tho charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consislenwy in dealing with items which a￿ considered matsrial in relation lo the Charity's financial statemonts. Ba$ls of preparatlon The financial slalements have been prepared on the going concem basi5 under the historical cost convention. modified to include certain items at fair value. The financial slalements have been prepared in a¢¢ordance with the Statement of Recommended Practice {SORPI "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" apptying Section 1A of that Standard. As pemitted by the Companies Act 2CMA. tho charity has varied the stsndard fornats in that act for the Slalemenl of Financial Activities and the Balance Sheet. Departuffjs from the stsndard fomiats are lo comply with the requirements of the Charibes SORP aThJ are in complian¢• wiu) section 4.7. 10.6 and 15.2 01 that SORP. Statement of ¢ompllance The financial stslemenls of the charity lor the financial year ended 31 October 2023 have been prepared on the going concern basis and in accordance with the Statement of Recommended Pracliee {SORPI "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Slandard applicable in th& UK and Republ1¢ of Ireland FRS 102. applying Section 1A of that Stsndard. Fund accountlng The following are the Categories of funds maintained.. Restrlcted fvnds Re$lricted funds represent income re￿Ived which can onty be used for partleular purposes, as Spocified by the donors. Such purposes are within the overall objectives of the charity. Unrn8trlcted funds Unreslrieled funds consist of General and Designated funds. General funds represent amounts which are expendable at the discretion of tho board. in furtherance of the objectives of the charity. Designated fvnds comprise unwtricted funds that the board has, at ils discretion, set aside for particular purpos85. These designations have an adrninislrative purpose only. and do not legally reslri¢l the board's discretion to apply the fund. Income Income is recognlsed by indusion in the Slalement of Financial Activities only when the charity 15 legally entitled lo the income, performance condilions attached to the item{$) of income have been met, the amounts involved can be measured with sufficient reliability and it is probable that the income will be received by the charity- Expendlturn Expenditure is anatysed betrween Costs of charitable activibes and raising fvnds. The costs of each activity are separately accumulated and disclosed. and analysed ae¢ording lo their major components. Expenditure is recognised when a legal or constructive obligation exists as a result of a past event, a transfer of economic benefits is required in settlement and the amount ol the obligation Can be reliably measured. Support costs arg those functions that assist the woth of the charity bul ¢annol be attributed to one act¢vity. Such costs are allocated to aC￿vI￿eS in proportion to slaff lime spent or other suilable measure for each activity- Cash at bank and In hand Cash al bank and in hand compfises ¢a$h on deposit at banks requiring bss than three months notice of withdrawal. ¢ontinued SCCRR (Nl) Ltd IA company limltèd by guarant••. not having a Share capital) NOTES TO THE ABRIDGED FINANCIAL STATEMENTS for the financial year ended 31 October 2024 Taxation and deferred taxatlon No current or deferred laxalion arises as the charity has been granted Charitable exemption. Irrecoverable valued added lax is expensed as incurred. OeferTed tax is recognised in resrect ol all timing differences that have ortginaled bul not reversed al the balance sheet date where transactions or events have occurfed at that date that will result in an obligation lo pay more tax in the future. or a right lo pay less lax in the fulufe. Timing differences a￿ temporary drfferences behveen the charity's taxab￿ in¢ome and its results as stated in the financial statements. Deferred tax is meaSu￿d on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the liming dtffereno$ are expected lo reverse, based on lax rates and laws that have been enacted or substantively enacted by the balan￿ sheel date. INCOME DONATIONS AND LEGACIES Unrnstrl¢tod Ro$trlcted Funds Funds 2024 2023 Donations and legacies 8,091 8.091 17.016 EXPENDITURE RAISING FUNDS Dlrect Costs Other Costs Support Costs 2024 2023 Raising funds 40 48 CHARITABLE ACTIVITIES Dire¢t Costs Othgr Costs Support Costs 2024 2023 Expendllure on charitable activites 20.030 224 20,254 370 SUPPORT COSTS Cost of Ralslng Funds 2024 2023 Support ANALYSIS OF SUPPORT COSTS 2024 2023 Support 46 RESERVES 2024 2023 Al the beginning of the year IDeficilllSurplu$ for the finanaal year 27,341 (12,2031 10.741 16,600 Al the end of the year 15.138 27,341 ¢ontinued SCCRR (Nl) Ltd IA company Ilmlted by gvarantee, not having a shar• capital) NOTES TO THE ABRIDGED FINANCIAL STATEMENTS for the financial year ended 31 October 2024 FUNDS ANALYSIS OF NET ASSETS BY FUND Current assets Current Ilabllltles Total Unrestricted general fvnds 15.413 1275) 15,138 15.413 1275) 15,138 STATUS The charity is a company limited by guarantee not having a share capitsl. The liability of tho Membe￿ is limited. Every member of the company undertakes lo contribute lo th8 assets of the company in the event of its being wound up while they are rnembe￿. or within one finan¢ial year thereafter. for the payment of the debts and liabilities of the company conlracled before they ceased to be members, and the costs, charge$ and expenses of winding up. and lor the adju$trn•nt of the rights of the contributors among themselves. such amount a$ may be required, not exceeding £ 1.