2025-06-30-accounts - Sports Association Newry, Down and South Armagh

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SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH

(A Company Limited By Guarantee)

REPORT AND FINANCIAL STATEMENTS

YEAR ENDED 30TH JUNE 2025 ;

Registered with Charities Commission for Northern Ireland NIC 106704

Company Number NI 47153 Charity Number XR60559

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COMPANIES HOUSE
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SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH

YEAR ENDED 30TH JUNE 2025

REPORT AND FINANCIAL STATEMENTS

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|||||||||| |---|---|---|---|---|---|---|---|---| |CONTENTS|PAGE| |Legal|and|Administrative|Information|1| |Trustees'|Report|2-7| |Independent|Examiner's|Report|8| |Statement|of Financial|Activities|2025|9| |Comparative|Statement|of Financial|Activities|2024|10| |Balance|Sheet|11| |-|Notes|to|the|Financial|Statements|12|-|20|

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SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH YEAR ENDED 30TH JUNE 2025 TRUSTEES' REPORT

Registered with Charities Commission for Northern Ireland NIC 106704	Registered with Charities Commission for Northern Ireland NIC 106704	Registered with Charities Commission for Northern Ireland NIC 106704	Registered with Charities Commission for Northern Ireland NIC 106704
Charity Number			XR60559
Company Registration		Number	NI 047153
Registered Office and Operational Address
		Newry Leisure Centre
		60 Cecil Street
		Newry
		BT35 6AU
Chairperson		Oonagh Murray
Honorary Secretary = Lawrence Murphy
Directors and	Trustees:
		Oonagh Murray
		Lawrence Murphy
		Declan McAteer
		Michael O'Neill
		Thomas Declan Reilly
		Gareth Sharvin
		James Kirk
	-	Elena Martin
		Tierna Howie
		Michael Rice	.
		Jonathan Jackson
Accountants
	.	JH McShane & Co, UlsterBank House, 9 Irish Street,
		Downpatrick, BT30 6BN
Principal Bankers		Santander
		41-45MarketStreet,Downpatrick,BT309EA		,

Directors and Trustees:

SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH _[YEAR][ENDED][30TH][JUNE] 2025 TRUSTEES' REPORT

The trustees, who are also the directors of the charity submit their annual report and the financial statements for the year ended 30th June 2025. ,

The charity is a charitable company limited by guarantee and was incorporated in July 2003. Registered with Charities Commission for Northern Ireland NIC 106704.

Objectives

To promote membership and registration of SANDSA.

To promote, process and administer applications for ‘Recognition of Achievement for High Performance Levels in Sport.’

To promote and advance education of those working or volunteering with sporting organisations through the provision of training, mentoring, coaching, resources and by any other charitable means as the directors shall consider appropriate.

To promote the development of amateur sports and physical activity by the provision, or assistance in the provision, of facilities, training, coaching, forums and other opportunities for the playing of amateur sports including amateur sports and physical activity for disabled people in the area of benefit. To make applications and procure funding for sport and physical activity and by that, promote increased levels of health and wellbeing within the environs of NMDDC and further to ensure that on successful application, all terms of funding are adhered to.

To create a strong sporting community base to improve empowerment and develop capacity within the NMDDC area and in so doing, make links with NMDDC and other agencies in order to develop partnerships and collaborations.

To promote the facilities and services offered by NMDDC and encourage use by SANDSA members. To assist with the administration of the annual NUDDC/SANDSA Sports Awards Ceremony and to seek funding for same.

To promote independent accreditation tor Clubs through their Governing Body or Sport Northern Ireland (Clubmark N.1.)

Achievements

Newry, Mourne and Down District Council, in partnership with the Sports Association Newry, Down and South Armagh (SANDSA), proudly welcomed over 200 guests to the Canal Court Hotel, Newry, on Friday, March 14th for the NMD Sports Awards.

This special event recognised the outstanding achievements of athletes, teams and individuals who have madea significant impact on sport across the district in 2024. It also celebrated the dedication of coaches, volunteers and mentors who playa vital role in supporting our local sports community and promoting an active, healthy lifestyle in the Newry, Mourne and Down Council area.

Awards were presented across both Junior and Senior categories, including Team of the Year, Sports Volunteer of the Year, Club Coach of the Year and Sportsperson of the Year. Additional awards included Sportsperson/Team of the Year with a Disability and the Lifetime Services to Sport award. With countless outstanding sporting achievements across the district in 2024, the competition for this year's award categories was exceptionally strong.

The awards ceremony was hosted by renowned sports presenter Thomas Niblock, adding to the excitement of the evening. Former Northern Ireland international soccer legend Gerry Armstrong also attended as a special guest, taking part in an engaging Q&A session with Thomas, where he shared insights from his remarkable career and experiences in the world of sport.

SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH . YEAR ENDED 30TH JUNE 2025 TRUSTEES' REPORT .

SANDSA Chairperson, Oonagh Murray, added, "It is an honour to be part of these awards and to celebrate those who are truly committed to sport in our district. Each nominee has demonstrated remarkable dedication and their achievements deserve to be recognised. We wish them continued success as they inspire others through their passion and commitment."

The Review of SANDSA

Under the then Council’s draft “A Sport and Physical Activity Strategy” Theme 2, Strategic Actions, Point 3, the Council were requested to review its role, structure, and operation with SANDSA. Consequently, the Council felt they needed to give the SANDSA Executive an insight to what’s provisionally planned ahead. As a result, a meeting was to proposed to review SANDSA and the Councils involvement.

During the SANDSA meeting on Tuesday 1 October 2024, in the Canal Court, Newry, the SANDSA committee debated and discussed the following three options:

‘

Let the ‘existing state’ remain
Decide on a new structure (Executive & DEA’s representation)
SANDSA dissolution (‘striking off?) removing it from the registrar of companies (Companies House)

The committee decided on option 2 (highlighted above).

Unfortunately, the decision taken to decide on a new structure didn’t develop within SANDSA. As aresult, the SANDSA Executive will be recalled before the end of 2025 to decide on the future of SANDSA and the way forward.

Public Benefits

The charity has given careful consideration to the Charity Commission for Northern Ireland's guidance ‘on public benefit to ensure that the activities entered into during the year have helped to achieve the charity's objectives and activities as providing public benefit.

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Membership

Membership Guarantee

In accordance with the Company's Memorandum of Association each member guarantees to contribute up to one pound sterling (£1) to the Charity's debts, liabilities and costs in the event of the Charity being wound up and for one year after ceasing to be a member.

, SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH YEAR ENDED 30TH JUNE 2025 TRUSTEES' REPORT

Board of Trustees

Except as provided otherwise in the constitution the policy and general management of the charity shall be directed by the Board which shall not be less than five but shall not be more than twelve (unless three ' further directors are co-opted under the provisions of article( 68)).

Appointment of Trustees

As set out in the Articles of Association, the Charity may by ordinary resolution appoint a person who is willing to act to be a Trustee. ©

Trustee Induction and Training

New Trustees are invited to an induction meeting to familiarise themselves with the Charity and the contextTeam andwithincover:which it operates. These, are facilitated by the Chairperson and Senior Management

The obligations of the Board of Trustees;
- The content of the Articles of Association; - The Committee and decision-making processes;
Current financial position;
Future plans and objectives.

Risk Management and Uncertainties

The ultimate responsibility for the management and control of the Charity resides with the Board of Trustees and as such their involvement in the key aspects of the risk management process is essential, particularly in setting the parameters of the process and in the review and consideration of the results. This should not be interpreted as meaning that the Board must undertake each aspect of the process themselves.

Reserve Policy

The charity does not maintain a formal reserves policy however the Board of Trustees continue to monitor the level of reserves held by the charity and are satisfied that these are adequate to meet any unforseen expenditure incurred.

Governance and Management

Sports Association Newry, Down and South Armagh has appropriate governance structures and procedures in place to ensure correct decision-making and the implementation of decisions. All organisational change initiatives and projects are regularly reviewed by senior management.

Operational

The Board recognises that a sound internal control system that can respond to significant risks, is embedded in operational activities, is capable of reacting to external and internal changes and will immediately report major control weaknesses, is a key and essential component of risk management.

; SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH YEAR ENDED 30TH JUNE 2025 TRUSTEES' REPORT

Compliance and Regulation

Key controls used by the Charity include:

Formal agendas, minutes and action plans for staff and Board meetings;
Comprehensive strategic planning, budgeting and management accounting;
- Established organisational structure, lines of reporting and delegation duties;
Formal written policies and protocols for Human Resources, Finance, Risk Management, Health and Safety etc;
Establishment and regular reporting on Key Performance Indicators and targets;
- Clear authorisation and approval.

Going Concern

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It is recognised by the Board that the Charity is operating in politically uncertain and financially challenging times and that these conditions will remain for the foreseeable future. The Charity has an excellent management team and very strong people and governance protocols.

The trustees are confident that the charity has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the Board believe there are no material uncertainties that cast significant doubt on the Charity’s ability to continue as a going concern and the financial accounts have have been prepared on that basis.

Financial Review

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Total|Total| |Funds|Funds|Funds|Funds| |2025|2025|2025|2024| |£|£|£|£| |Total|Incoming|Resources|-|-|-|-| |Total|Resources|Expended|5,914|-|5,914|3,290| |Net Incoming|Resources|for|the|Year|-|-|-|-| |Net|(Outgoing)|Resources|for|the|Year|(5,914)|-|(5,914)|(3,290)| |Net|Unrealised|(Losses)|on|Investments|-|-|-|-| |Net|Unrealised|Gains|on|Investments|-|-|-|-| |Transfer|From|Unrestricted|to|Restricted|-|-|-|-| |Balance|of Funds|At|Start of Year|16,206|-|16,206|19,496| |Balance|of Funds|At End|of Year|10,292|-|10,292|16,206|

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SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH YEAR ENDED 30TH JUNE 2025 TRUSTEES' REPORT

Registered with Charities Commission for Northern Ireland NIC 106704 Charity Number . XR60559 Company Registration Number NI 047153 Registered Office and Operational Address Newry Leisure Centre 60 Cecil Street Newry BT35 6AU Chairperson Oonagh Murray Honorary Secretary Lawrence Murphy Directors and Trustees: Oonagh Murray Chairperson Lawrence Murphy Honorary Secretary Declan McAteer Michael O'Neill Thomas Declan Reilly : Gareth Sharvin James Kirk Elena Martin Tierna Howie Michael Rice Jonathan Jackson Accountants J H McShane & Co, Ulster Bank House, 9 Irish Street, , Downpatrick, BT30 6BN Principal Bankers Santander 41-45 Market Street, Downpatrick, BT30 9EA

: SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH YEAR ENDED 30TH JUNE 2025 TRUSTEES' REPORT

Statement of Trustees' Responsibilities in Respect of the Financial Statements

The trustees (who are also directors of Sports Association Newry, Down and South Armagh for the purposes of company law) are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (Generally Accepted Accounting Practice)

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

1 Select suitable accounting policies and apply them consistently;

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2 Observe the methods and principles in the Charities SORP (FRS 102) ;
3 Make judgements and estimates that are reasonable and prudent;
4 State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
5 Prepare the accounts on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small Companies Exemption

This report has been prepared in accordance with the special provisions for small companies under part 15 of the companies Act 2006.

By Order of the Board

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pateate : //S FF LO.ES
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Oonagh Murray”
Chairperson
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SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH

INDEPENDENT EXAMINER'S REPORT

YEAR ENDED 30TH JUNE 2025

Independent Examiner's Report to the Trustees of SpOrts Association Newry, Down and South Armagh.

We report on the accounts of the charity for the year ended 30th June 2025 which are set out on pages 9 to 20.

Respective Responsibilities of Trustees and Examiners

As the charity's trustees (and also the directors of the company for the purpose of company law) you are responsible for the preparation of the accounts in accordance with the Companies Act 2006. Having been satisfied that the charity is not subject to an audit under company law and is eligible for independent examination, 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 Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act and

State whether particular matters have come to our 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 Commissioner 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 includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as charity directors/trustees concerning such matters.

My role is to state whether any material matters have come to our attention giving us 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 the accounts to be reached.

Independent Examiner's Statement

I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and in connection with the following directions of the Charity commission for Northern Ireland, we have found no matters that require drawing to your attention.

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} John H McShane
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Independent Examiner for and on behalf of J H McShane & Co

Chartered Accountants

. 9 Trish Street Downpatrick Co Down BT30 6BN

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SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH YEAR ENDED 30TH JUNE 2025

STATEMENT OFFINANCIAL ACTIVITIES	STATEMENT OFFINANCIAL ACTIVITIES
(Incorporating Income and Expenditure Account)				Unrestricted	Restricted		Total		Total
				Funds	Funds		Funds		Funds
				2025	2025		2025		2024
		NOTE		£	£		£		£
INCOMING RESOURCES
‘	Donations and Legacies
	Grants			-	-		-		-
	Membership	.		-	-		-		-
	Other Trading Activities				;				:
	TrainingFees			-	-		-		-
	Fund Raising Events			-	-		.		-
	Income from Investments
	Bank Interest Received			-	-		-		-
TOTAL INCOME ANDENDOWMENTS				-	-		-		-
EXPENDITURE ON		5				.
	Expenditure on Raising Funds
	StaffCosts			-	-		-		-
	Other Costs			-	.		LT
	Expenditure-on Charitable Activities						:
	StaffCosts			-	-		_-		-
	Other Costs			5,104	-		5,104		2,690
	Governance Costs; StaffCosts			-	-		-		-
	Governance Costs; Other Costs			810	-		810		600
			;	5,914	;		5,914		3,290
TOTAL RESOURCES EXPENDED				5,914	-		5,914		3,290
NET	INCOME			-	-		-
NET	(EXPENDITURE)			(5,914)	-		(5,914)		(3,290)
NET	REALISED INVESTMENT GAINS			-	-		-		-
NETUNREALISED	UNREALISED INVESTMENT(LOSSES)GAINS	GAINS		-	-		-		-
TRANSFER FROM UNRESTRICTED TO RESTRICTED				-	-		-	.	-
NETMOVEMENT	MOVEMENT IN FUNDS			(5,914)	-		(5,914)	~	(3,290)
RECONCILIATION OF FUNDS
BALANCE OF FUNDS AT 1STJULY 2024				16,206	-		16,206		19,496
BALANCE OFFUNDSAT30THJUNE 2025				10,292	-		10,292		16,206
TOTALFUNDS				10,292	-		10,292		16,206

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SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH YEAR ENDED 30TH JUNE 2025

	STATEMENT OF FINANCIAL ACTIVITIES
	COMPARATIVE YEARENDED30THJUNE	2024		Unrestricted	Restricted	Total
	(Incorporating Income and Expenditure Account)			Funds	Funds	Funds
				2024	2024	2024
		NOTE		£	£	£
	INCOMING RESOURCES
	Donations and Legacies				.
	Grants			-	-	.
	Membership			:	-	——
	Other Trading Activities
	Training Fees			-	-	-
	Donations and Fund Raising Events			-	-	-
	Income from Investments
	Bank Interest Received			-	-	-
	TOTAL INCOMEANDENDOWMENTS			-	-	-
	EXPENDITURE ON	5
	Expenditure on Raising Funds
	StaffCosts			-	-	-
	Other Costs			-	-	-
	Expenditure on Charitable Activities					-
	StaffCosts			-	-	-
	Other Costs			2,690	-	2,690
	Governance Costs; StaffCosts			-	-	-
	Governance Costs; Other Costs			600	-	600
				3,290	-	3,290
	TOTAL RESOURCES EXPENDED			3,290	-	3,290
	NET INCOME			-	-	-
	NET(EXPENDITURE)			(3,290)	-	(3,290)
	NET REALISED INVESTMENT GAINS			-	-	-
	NET UNREALISED INVESTMENT GAINS			-	-	-
	TRANSFERFROMUNRESTRICTEDTORESTRICTED			-	7	-
’	NET MOVEMENT IN FUNDS			(3,290)	-	(3,290)
					)
	RECONCILIATION OF FUNDS
	BALANCE OF FUNDSAT 1STJULY 2023			19,496	-	19,496
	BALANCE OF FUNDS AT30THJUNE 2024			16,206	-	16,206
	TOTAL FUNDS		,	16,206	-	16,206

10 _.

SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH

BALANCE SHEET
AS AT30THJUNE 2025			2025		2024
	NOTE		£		£
FIXED ASSETS
Tangible Fixed Assets	6	,	71		83
			7]		83
CURRENT ASSETS
Debtors and Prepayments	7		-		-
Bank Accounts	8		13,341		18,318
			13,341		18,318
CREDITORS; Amounts FallingDue Within One Year
Creditors and Accruals	9		3,120		2,195
;			3,120		2,195
NETCURRENT ASSETS			10,221		16,123
TOTAL ASSETS LESSCURRENT LIABILITIES			10,292		16,206
CREDITORS; Amounts Falling Due After One Year	10		-		-
NETASSETS			10,292		16,206
FUNDS			£		£
UNRESTRICTED FUNDS	12 & 13		10,292	.	16,206
RESTRICTED FUNDS	12 & 13		-		-
TOTALFUNDS			10,292		16,206

For the year ending 30th June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Trustees Directors’ responsibilities:

. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; . The trustees directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies' subject to the small companies regime of the companies Act 2006. These Financial Statements were approved by the board of management on ne/ Ba Boi_— are signed on their behalf by: Oonagh( on ulaay Mutlary pate: ) 8 ANinrerLe- Zee Zee Chairperson -

pate: ) 8 ANinrerLe- Zee Zee

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SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH YEAR ENDED 30TH JUNE 2025 NOTES TO THE FINANCIAL STATEMENTS

ACCOUNTING POLICIES

ACCOUNTING CONVENTION

;

The principal accounting policies which have been adopted are set out below.

The Charity prepares its accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) the Financial Reporting Standard applicable in the UK and Republic of[Ireland] (FRS[102)][and][the] Companies Act 2006.

Sports Association Newry, Down and South Armagh meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

GOING CONCERN

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CASH FLOW STATEMENT

The charitable company does not include a cash flow statement on the grounds that it is applying FRS102 Section1A.

DONATIONS AND GRANTS

Income from donations and grants, including capital grants, is included in incoming resources when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy, except as follows; * ;

When donors specify that donations and grants given to the charity must be used in future accounting periods, the income is deferred until those periods.

When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred and not included in incoming resources until the pre-conditions for use have been met.

When donors specify that donations and grants, including capita) grants, are for particular restricted purposes which do not amount to pre-conditions regarding entitlement, this income is included in incoming resources of restricted funds when receivable. .

INTEREST RECEIVABLE

Interest is included when receivable by the charity under investment income.

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REPORTING CURRENCY

The financial statements are stated in GBP (sterling)

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SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH YEAR ENDED 30TH JUNE 2025 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

1. ACCOUNTING POLICIES (CONTINUED)

RESOURCES EXPENDED

Resources expended are included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT which cannot be recovered.

Certain expenditure is directly attributable to specific activities and has been included in those cost categories. Certain other costs, which are attributable to more than one activity, are apportioned across cost categories on a basis consistent with the use of resources.

TANGIBLE FIXED ASSETS AND DEPRECIATION

Tangible Fixed Assets are stated at cost which comprises the purchase price and any installation charges.

Depreciation is calculated to write off the cost of the assets within their useful lives. The

methods adopted and rates used are:

, FIXTURE AND FITTINGS 185% REDUCING BALANCE a

JUDGEMENTS ESTIMATES

In the application of the charity's accounting policies the trustees are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. .

The estimates and assumptions are reviewed on an ongoing basis. The trustees do not consider there are any critical judgements or sources of[estimation][requiring] disclosure.

FUND ACCOUNTING

Funds held by the charity are either:

Unrestricted General Funds - these are donations, grants and other incoming resources receivable or generated for the objects of the charity without specified purpose and are available as general funds and are available to spend at the discretion of the trustees in furtherance of the charitable objectives of the charity.

Designated Funds - these are unrestricted funds earmarked by the management committee for particular purposes.

Restricted Funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Expenditure which meet these criteria is charged to the fund, together with a fair allocation of management and support costs.

TAXATION

As a registered charity, the charity benefits from rates relief, and is exempt from direct tax on its charitable activities but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

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SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH YEAR ENDED 30TH JUNE 2025 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

1. ACCOUNTING POLICIES (CONTINUED)

LEGAL STATUS OF THE CHARITY

The Charity "Sports Association Newry, Down and South Armagh" is a Company Limited By Guarantee and does not have a share capital.

Membership Guarantee

FINANCIAL INSTRUMENTS

The charity only has financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are normally initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at the carrying value plus accrued interest less repayments.

STAFF COSTS AND EMPLOYEE BENEFITS

The average number of persons employed by the charitable company during the year was NIL. (2024: NIL)

PENSION

;

The charity does not currently operate a pension scheme.

TRUSTEES / DIRECTORS REMUNERATION

The trustees directors did not receive any emoluments during the year 2025 Nil (2024 £ Nil) Trustees directors were reimbursed expenses during the year 2025 £ Nil (2024 NIL)

SUBSEQUENT EVENTS

There has been no significant events affecting the company since the financial year end.

FINANCIAL INSTRUMENTS

The carrying value of the company's financial assets and liabilities are summarised by category below;

FINANCIAL ASSETS	2025		2024
Measured at undiscounted amount receivable	£		£
Trade Debtors	-		-
Sundry Debtors and Prepayments	-		-
FINANCIAL LIABILITIES	2025		2024
Measured at undiscounted amount payable	£	,	£
Trade Creditors	-		-
Sundry Creditors and Accruals	3,120		2,195
	3,120		2,195

Reserve Policy

SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH YEAR ENDED 30TH JUNE 2025 . NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

£ £ 2025 2024 ‘ £ £ 2. UNRESTRICTED FUNDS DONATIONS - - | . £ £ 2025 2024 3 TRAINING - - Training includes income from Clubs and Individuals.

4.	UNRESTRICTED FUNDS
	FUNDRAISINGEVENTS	-	-

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SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH YEAR ENDED 30TH JUNE 2025

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

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||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |5.|RESOURCES EXPENDED|Note|Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |:|2025|2025|‘2025|2024|2024|2024| |:|£|£|.|£|£|£|£| |Salaries,|Wages|and|Pension|Contributions|-|-|-|-|-|-| |Rent,|Rates,|Services|and|Insurance|-|-|-|-|-|-| |Repairs|and|Maintenance|-|-|-|-|.|-| |Telephone|-|-|-|-|-|-| |Postage,|Printing,|Stationery|and|Advertising|-|ae|-|-|-|‘|-| |Training|and|Conferences|-|-|-|-|-|-| |Resources|for|Projects|-|-|-|-|-|-| |Fund|Raising|Expenditure|-|-|-|-|-|-| |Expenditure|on|Awards Night|4,000|-|4,000|2,000|-|2,000| |Late|Filing|Fees|-|-|-|575|-|,|575| |Professional|Fees|Under|Provision|Previous|Years|690|-|690|-|-|-| |Accountancy|Fees|810|-|810|600|-|600| |Bank|Fees|and|Interest|-|-|-|-|-|-| |General|Expenses|.|402|-|402|100|.|-|100| |Depreciation|12|-|12|15|-|15| |5,914|-|5,914|~329002~C“‘<OSW”|3,290| |Total|Resources Expended|5,914|-|5,914|3,290|-|3-290|

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SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH YEAR ENDED 30TH JUNE 2025

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |6.|FIXED ASSETS|UNRESTRICTED|RESTRICTED| |TOTAL| |F&F|Premises|F&F| |£|£|£|£| |COST| |Balance|at|Ist|July|2024|2,814|-|-|2,814| |.| |-|-|-|-| |Additions| |Disposals|-|-|-|-| |Balance|at|30th|June|2025|2,814|-|-|2,814|.| |DEPRECIATION| |Balance|at|Ist|July 2024|2,731|-|-|2,731| |Charge|for|the|Period|12|-|-|12| |Elimination|on|Disposals|-|-|-|-| |Balance|at|30th|June|2025|2,743|-|-|2,743| |WRITTEN DOWN VALUE| |AT 30TH JUNE|2025|7]|-|-|71| |WRITTEN|DOWN VALUE| |AT|30TH JUNE|2025|,|83|-|-|83|

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;

SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH YEAR ENDED 30TH JUNE 2025 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

					2025	2024
7.	DEBTORS ;				£	£

	Trade Debtors				-	-
	Sundry Debtors and Prepayments				-	-
8.	BANKAND DEPOSIT ACCOUNTS				£	£
	UNRESTRICTED
	Bank Accounts				13,34]	18,318
					13,341	18,318
	RESTRICTED
	Bank				-	-
	TOTAL CASH AT BANKANDATHAND				13,341	18,318
9.	CREDITORS: Amounts FallingDue Within	One	Year		£	£
	Trade Creditors			:	-	-
	Sundry Creditorsand Accruals				3,120	2,195
	~
					3,120	2,195
10.	CREDITORS: Amounts Falling DueAfterOne		Year
	Hire Purchase Creditor	;			-	-
					£	£
11.	ACCOUNTANTS' REMUNERATION
	Fees ;				810	600
			-		810	600

SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH YEAR ENDED 30TH JUNE 2025 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

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|||||||||| |---|---|---|---|---|---|---|---|---| |12.| |THE|NET ASSETS|AT THE|30TH|JUNE|2025| |UNRESTRICTED|RESTRICTED|TOTAL| |.|Note|FUNDING|FUNDING|,| |£|£|£|:| |FIXED ASSETS|6|71|~|71| |CURRENT|ASSETS| |Debtors|and|Prepayments|7|-|~|-| |Owed|by|Inter|Divisions|-|-|-| |Cash|on|Hand|and|at Bank|8|13,341|-|13,341| |13,341|~|13,341| ||| |CREDITORS|;|Amounts|Falling Due|Within|One|Year| |Owed|to|Inter|Divisions|-|-|-| |Creditors|and|Accruals|9|3,1203,120|--|3,1203,120|,| |CREDITORS|;|Amounts|Falling|Due|After|One|Year| |Creditors|and|Accruals|:|10|-|~|-| |NET ASSETS|10,292|~|10,292|

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SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH YEAR ENDED 30TH JUNE 2025

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

13. RECONCILIATION AND ANALYSIS OF MOVEMENTS ON THE FUNDS FOR THE YEAR

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|||||||| |---|---|---|---|---|---|---| |ON|THE|FUNDS|FOR THE|YEAR|;| |UNRESTRICTED|RESTRICTED|TOTAL| |FUNDING|FUNDING| |£|£|£| |INCOMING|RESOURCES| |UNRESTRICTED|-|-|-| |RESTRICTED|PROJECTS|-|-|-| |RESOURCES|EXPENDED| |UNRESTRICTED|5,914|-|5,914| |RESTRICTED|PROJECTS|-|-|-| |5,914|-|5,914| |NET INCOME|(EXPENDITURE)|(5,914)|-|(5,914)| |NET|UNREALISED|INVESTMENT|GAINS|-|-|-| |TRANSFER FROM|UNRESTRICTED TO|RESTRICTED|-|-|-| |NET MOVEMENT|IN|FUNDS|(5,914)|-|(5,914)| |BALANCE|AT|1ST JULY|2024|16,206|-|16,206| |BALANCE|AT 30TH JUNE|2025|10,292|-|10,292| |THE|FUNDS OF|£|-| |RESTRICTED|FUNDS|-| |UNRESTRICTED|FUNDS| |General|10,292| |Designated|—_—____| |Total|Unrestricted|Funds|10,292| |TOTAL|FUNDS OF SPORTS|ASSOCIATION|NEWRY, DOWN AND SOUTH ARMAGH|10,292|

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