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2025-09-30-accounts

Registered Number : NI648059

GLENCAIRN COMMUNITY PROJECT

(a company limited by guarantee)

DIRECTORS’ REPORT AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

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Glencairn Community Project For the Year Ended 30 September 2025

Independent Examiners Report to the directors on the preparation of the unaudited statutory accounts of Glencairn Community Project for the Period October 2024 to 30 September 2025

I report to the trustees on my examination of the accounts of the charitable company For the Period October 2023 to 30 September 2024.

Responsibilities and basis of report

As the charity Trustees (and the Directors for the purpose of company law) we are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 65(2) of the Charities’ Act (Northern Ireland)2008 and that an independent examination is not needed.

Having satisfied myself that the accounts of the Company are not subject to audit under company law and is eligible for independent examination, it is my responsibility to

For the financial year 2024 to 2025 the company was entitled to exemptions under section 477 of the Companies Act 2006 relating to small companies.

No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the companies Act 2006.

The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

Independent examiners statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination of accounts to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Date : 01/06/2025

BR Corry & Co, Chartered Management Accountants 18 Tudor Oaks Banbridge, BT32 4LP

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Glencairn Community Project Income Statement For the Year Ended 30 September 2025

Notes
INCOME
Grants
3
Donations
4
Other Income
TOTAL INCOME
EXPENDITURE
Charitable Expenditure
Community Activities
Insurance
Administrative Expenses
NET INCOME/(EXPENDITURE) FOR THE FINANICAL		 Sep 25
Sep 24
21157.86
2000.00
2750.00
335.00
£23907.86
£2335.00
960.00
560.00
1514.99
98.47
74.45
72.65
£2647.91
£632.65

£21259.95
£1702.35
YEAR

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Glencairn Community Project Statement of Financial Position For the Year Ended 30 September 2025

Notes
CURRENT ASSETS
Cash at Bank
Creditors: Amounts Falling Due within one Year
TOTAL ASSETS LESS CURRENT LIABILITIES
UNRESRICTED RESERVES
Unrestricted reserves for year
Unrestricted reserves BF		 Sep 25
Sep 24
21499.83
239.88
21499.83
239.88
(0)
(0)
21499.83
239.88
21259.95
197.98
239.88
42.40
£21499.83
£239.88

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended September 2024 in accordance with Section 476 of the Companies Act.

The trustees acknowledge their responsibility for:

These financial statements have been prepared in accordance with the special provision of Part 15 of the Companies Act 2006 relating to charitable small companies.

The finance statements were approved and authorised for issue by the Board of Trustees on 1[st] June 2025.

Mrs Jennifer TaylorChairperson / Director

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1[st] June 2025

Glencairn Community Project Notes Financial Statements For the Year Ended 30 September 2025

1. Accounting Principles

1.1 Basis of Preparation of Financial Statements

The financial statement has been prepared under the historical cost convention, except for investment which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS102) ‘Accounting and reporting by Charities: Statement of Recommended Practice applicate to charities preparing accounting in accordance with the Financial Reporting Standard 102 of the Financial Reporting Standard applicable in the UK and ROI (FRS 102), and Companies Act 2006.

Glencairn Community Project meets the definition of a public entity under FRS102. Assets and liabilities are initially recognised at historical cost or transactional value unless otherwise stated in the relevant accounting policy notes.

2. Average Number of Employees

The average number of employees, including directors during the year was: 6

**3. ** Grants: Community Foundation Grant £ 2000.00
BCC (VE DAY) £ 750.00
Cohesion (NIHE) £ 957.86
National Lottery £17450.00
**4. ** Donations: Glencairn Residents Group £1250.00
NIE £ 1500.00

5. Creditors: Amounts falling due in one year N/A

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