Charity number: NIC106734 Company number: Nl 47488 Mid Ulsler Community and Arts Trust Ltd. (A company limited by guarantee) Trustees, report and financial statements for the year ended 31st October 2023 A08FV60Y 3010712024 COMPANIES HOUSE A09
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Mid Ulster Community and Arts Trust Ltd. (A eompany limited by guarantee) Contents Page Legal and administralive inforniation Trustees, report Independent examiners, report Statement of financial activities Balance sheet Notes to the financial statements 9-14
Mid Ulster Community and Arts Trust Ltd. (A company limited by guarantee) Legal and administrative information Charity number NIC106734 Company regislration number NL 47488 Registered olee The Patri¢ian Main Street Carrickniore Co. Tyrone BT78 9AY Trustees Tracey McNally Jim Maguire Colm Mccrystal Eithne McElduff Luke Daly Aiden Donnelly Jame5 Dobbs Accountants O'Donnell & Mellon 19121 Castle Street Omagh Co. TyTone BT78 IDD Bankers AIB Page I
Mid Ulster Community and Arts Trust Ltd. Company limited by guarantee Trustees, report for the year ended 31st October 2023 The Trustees, report and the fancIal staternents for the period ended 31 October 2023. Objectlves and actlvities The objective of ihe company shall be to promote the benefit of the inhabitants of the Mid-ulster area and its environs without distinction of sex, race, ethnicity or political, religious or other opinions by: l. Promote arts and culture by: the presentation of concerts, perforniances, exhibitions, fairs and cultural events including those of music, drama, dance, film shows and crafts exhibitions. encouraging appreciation of and participation in community arts and creative arts by people in the area of benefit: the provision of arts and crafts classes and training. 2. Advance education and training by organising an(Vor delivering a range of classes, tuition and educalional activties. 3. Promote amaleur sport and healrhy recreation by providing facilities for playing sport such as bowls, boxing and badminton and keep fit activities 4. Relieve those in need by reason of youth, age, ill-health. disability. financial hardship or other disadvanthge, in particular by organising activities and health promorion events specifically for older and young people. 5. Provide facilities and organise activtie5 for families and the community in the interests of social w¢lfar¢ for recreation and other leisure time occuptions with the object of improving the conditions of life for the said residents. Achievement and performances Throughout this f15cal year. Mid Ulsier Community and Arts Trust Lid (MUCAT) demonstrated an unwavering commitmen¢ lo community enrichment through an array of activities and events, benefiting all age groups. 2022 marked the 601h al1versary of The Patrician being built and has been an esseniial community hub in the heart of the area since then. The beginning of this fiscal year continued to mark the anniversary with a FODC Reception in November, Patrician Christhias and Garth Brook5 events in December and Johnny Cash Wedding in February. MUCA T also proactively hosted and organis¢d a wide range of well-attended ndraising events, in¢luding The Highstool Prophets and Whistlin, Donkeys on Easter weekend, generating essential funds for the upcoming year. The introduction of a monthly social dance became a community favourite, offerin8 a vibrant altemative to (he long-standing 'Rock Disco,, which, although lemporarily on hold due to declining attendance, played a pivotal role in paying off the refurbishment loan for The Patrician in 2003. Weekly activities continued to flourish, providing diverse options such as Pilates classes for men and women, chair-based exercises which provide an excellent outlet for older members of our local community, and sewing classes funded by The National Lottery which has been fantastic in developing newlexisting skills. The Ternion Trad Irish traditional music lessons expanded cultural horizons, offering instruction in 8uilar, banjo, fiddle, lin whistle, and accordion. Other weekly a¢tivilies included Yoga, early morning fitness classes, Starbreakers and Ihe Afternoon Club. This year also saw the retum of Ihe Mid U15ter Festival of Amateur Drama and brought cultural vibrancy to the local area, which also featured an art exhibition by Jim McKee. Thi5 success protnpted a 4-week art program organised by bcAT and facilitated by Jim. earning high praise from participants. Events at The Patrician showcased remarkable diversity, including Feisenna ran by O'Kane, Treanor and McElduff dancing schools, a Dementia Concert, blood donation sessions, and a lively 'Pop Up Gaeltachl, in June. encouraging locals to Come together and use their 'cupla focal,. The Patrician Tots also continued this year which provides a fantastic weekly ouilet for those with young children as well as a Halloween party which saw a eat turnout. The hall remained a bustling hub for local organisations, hosting monthly meelings for the Mid Ulster Festival of Amateur Drama, Ternionmaguirc Historical Society, Parish Council, and The Friendly Care Group. Page 2
Mid Ulster Community and Arts Trust Ltd. Company limited by guarantee Trustees, report for the year ended 31st October 2023 Culture Night across the Fernianagh Omagh area was also marked with a celebration of culre in our local area, including stands from countries across the world. Temonmaguirc Historical Society, after negotiations with FODC, installed historical pots in the upstairs mezzanine, which have been a fantastic addition to the facility, complemented by a launch event in September. Diverse community events continued to highlight the hall's versatility, such as the Christmas Fayre, Swestart activities, Boxing Classes and Tournaments, Eir Og Presentation Night, Flower A anging, GFC Presentation, and President's Night, arts events, Scor competitions, a Baby rave event, Tiny Green Island event, Food Feslival, gardening class, charity sewing morning, Dean Maguirc College presentation, and St. Colmcille's PS Dino Event. In ihe face of the COVID-19 pandemic, Ihe Conunittee'5 dedication shone through in meticulous COVID-19 Risk Assessments and Method Statements, ensuring The Patrician operated safely in compliance with government guidan throughout the year. MUCAT'S multifaceted achievements underscore its integral role as a driving force for cultural, social, and recreational activities in the Mid Ulster region, making a lasting impact on the Community it serves. Future developments Structureg governance and management The trustees who served during the year are as stated below.. Tracey McNally Jim Maguire Colm Mccrystal Luke Daly Eiihne McElduff Aid¢n Donnelly James Dobbs Statement of responsibilities The trustees (who are also direclors on the Charity for the purpose of company law) are responsible for preparing the Trustees Annual Report and the fmancial statements in accordance with applicable law and United Kingdom Generally Acceptable Accounting Practice. Company and charity law requires the trustees to Prepare fmancial statements for each fmancial year which give a true and fair view of the state of the affairs of the charity and of the incoming resources and application of resources, including income and expenditure, of the company for that year. In preparing these fmancial statements, the truslees, are required to.. select suitable accounting policies and apply them consistently; observe the meihods and principles in the Charitie5 SORP. make judgements and estiniates that are reasonable and prudent. state whether applicable UK accounting standards have been followed, subject lo any material departures disclosed and explained in the financial statements. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees, 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. Page 3
Mid Ulster Community and Arts Trust Ltd. Company limited by guarantee Trustees, report for the year ended 31st October 2023 Small company provisions This report has been prepared in accordance with the provisions for small companies under Companies Act 2006 This report w&s approved by the Board on 26 July 2024 and signed on its behalf by James Dobbs Director The Patrician Main Street Carrickniore NIC106734 Page 4
Mid Ulster Community and Arts Trust Ltd. (A company limited by guarantee) Independent examiner's report to the charity trustees of Mid Ulster Community and Arts Trust Ltd.. I report on the accounts of Mid Ulster Community and Arts Trust Ltd. for the year ended 3 1st October 2023 which are set out on pages Respeetive responsibilities of charity trustees and independent examiner As the charity's trustees (and also the dtrectors of the company for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisifed myself that the charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to.. examine the accounts under section 65 of Ihe 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 slate whelher particular matter5 have come to my attention. Basls of Sndependent 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 Charities Commission for Northern Ireland under section 65(9)(b) of ihe Charities Act.The examinaiion included a review of ihe accounting records kept by the charity and a comparison of the accounts presenled with ihos¢ records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe.. l. That accowiting records were not kept in accordance with section 386 of the Companies Act 2006 2. That the accounts do not accord with those accounting records 3. That Ihe accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the melhods and principles of Ihe Charities Staiement of Recommended Practice applicabl¢ to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland 4. That there is no further infonnation 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 Ihe matters (l) to (4) listed above and, in connection with following the Direclions of the Charity Commission for Northern Ireland, I have found no matters that require drawJug.loyour, attention. LL&IAk"' AoJofy'&4ii)n O'Donnell & Mellon 19121 Castle Street OMAGH Co. TyTone 26 July 2024 Page S
Mid Ulster Community and Arts Trust Ltd. (A company limited by guarantee) Statement of financial activities For the year ended 31st October 2023 Unrestrict¢d Restricted funds funds 2023 Total 2022 Total Notes Income and endowments from Donalions and legacies Charitable activities Oiher 94 11.714 43,952 94 56.213 43,952 5,974 73,154 32,130 44,499 Total 55,760 44,499 100,259 111,258 Expenditure on: Raising fimds Charitsble activities her 24,922 34,841 8,973 2.000 42,499 26,922 77.340 ,973 15,955 68,607 Total 68.736 44,499 113,235 95.738 Net incomel(expenditure) (12,976) (12,976) 15,520 Reconcilation of funds Total funds brought forward 94,478 31.881 126.359 10.838 Total funds Carried forward 81,502 31,881 113,383 126,359 The statemeni of financial activities includes all 8ains and losses in the year and therefore a separat¢ st#¢ement of totsl recognised gains and losses has not been prepared. All of the above amounts relate io continuing activities. The noles on pages 9 to 14 form an integral part of these financigl statements. Page 6
Mid Ulster Community aDd Arts Trust Ltd. (A company limited by guarantee) Balance sheet as at 31st October 2023 2023 2022 Notes Fixed assets Tangible fixed asse15 Current assets Debtors Bank and cash 90,793 98,677 10 2,837 31.947 12,220 43,560 34,784 55,780 Creditors: Amounts falling due withln one year (12,194) (28,098) Net turrent assets 22,590 27,682 Net assets 113,383 126,359 Funds Restri¢t¢d income funds 31,881 31,881 Unrestricted income funds Revaluation reserve (8,498) 90,000 4,478 90,000 Total unrestricted income funds 81,502 94,478 Total funds 113.383 126,359 The Balance Sheel continues on the following page. The notes on pages 9 to 14 form an integral part of these financial statements. Page 7
Mid Ulster Community and Arts Trust Ltd. (A company limited by guarantee) Balance sheet (Continued) Trustees, statements required by Companies Act 2006 for the year ended 31st October 2023 In approving these financial statements as trustees of the company we hereby Conf.. (a) that for the year staled above the company was entilled to the exemption under section 477 of the Companies Act 2006 relating to small companies; (b) 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. (c) that we a¢knowledg¢ responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounrs. These financial statements are prepared in a¢¢ordance with Ihe provisions applicable 10 companies subj¢¢i to the small companies, regime. The financial statemenls were approved by the Board on 26 July 2024 and signed on its behalf by Tracey MeNally Director James Dobbs Director Th¢ notes on p2ge$ 9 to 14 form an integral part ofthese finaneial statements. Page 8
Mid Ulster Community and Arts Trust Ltd. (A company limited by guarantee) Notes to the financial statements for the year ended 31st October 2023 Accounting policies The principal accounting policies are summarised below. 1.1. Basis of Accounting and assessment of going concern The fmancial statements have been prepared in accordance with Accounting and Reporting by Charities- Statements 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){effective l January 2015) - (Charities SORP (FRS 102)), The Charities (Accounls and Reports) Regulations (Nl) 2015 and the Companies Act 2006. The charity constitutes a public benefit entity as defmed by FRS 102. Assets and liabilities are intially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. 1.2. Ineoming resources All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.. Grants. including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable. 1.3. Resources expended Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Costs of charitable activities includes those aclivites undertaken to further the purposes of the charity and their associated support costs. Other expenditure represents those item5 not falling into any other heading. Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, fmance, personnel, payroll and governance costs which support the charity's activities.These costs have been allocated between c05t of raising funds and expenditure on charitable activities. 1.4. Tangible fixed assets and depreciation Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each asset over its expected useful life, as follows.. Leasehold properties Fixtures, fittings and equipment Straight line over the life of Ihe lease 200/0 Reducing balance Page 9
Mid Ulster Community and Arts Trust Ltd. (A company limited by guarantee) Notes to the finaDeial statements for the year ended 31st Oetober 2023 Donations and legacies 2023 Total 2022 Total nrestricted Donations 94 94 5,974 94 94 5,974 Income from Charitable aetivlties Unreslrlcted Restrlcted funds runds 2023 Total 2022 Total Arts programme FODC Warni Space FODC Camenl A Folk Opera FODC COVID - Premises adaptstion fund FODC Culture night fund FODC Community Premises Support Energia TyTone 3 Windfanns Community Benefit Fund Slieve Divena Community Fund 2022 ESB Wind Farni COnIty Fund Department of Communities COVID Recovery Fund The National Lottery - Together for Our Planet Inishative Community Benefit Fund Cregganconroe Community Benefit Fund The Older People's Fund Nalionwide Community Fund- Culture & Cornmunity Community Foundation - Ullach Facility hire Cannen, The rSt 60 years Art classes 8,913 500 8,913 500 3,000 1,500 250 ,050 ,039 1,800 5,989 24,329 6,930 200 200 16,480 200 200 16,480 6,000 1,104 1,470 2,000 2,000 1,300 4,330 6,000 l.lQ4 1,470 2,000 2,000 ,300 4,330 2,000 462 1,140 10,377 13,288 10,896 10,896 820 820 11,716 44,497 56.213 73,154 The charity availed of the FODC Website Development Programme and The Department of Financ¢ donation of ICT equipment for reuse. Page 10
Mid Ulster Community and Arts Trust Ltd. (A company limited by guarantee) Notes to the financial statements for the year ended 31st October 2023 Other income Unrestricted funds 2023 Total 2022 Total Bar income Teen disco The Addams Family production Fundraising events Heart of the Country - Arts partner 5.591 172 7,215 30,974 5,591 172 7.215 30,974 4.987 6,432 14,567 6.144 43.952 43,952 32,130 Expenditure on Raising funds Yegr 2023 Total Year 2022 Total Unrestricted Restricted funds funds Bar & disco costs The Addams family production Slaging fundraising events 15,250 1,806 7,866 15,250 3,806 7,866 15,955 2,000 24,922 2,000 26.922 15,955 Page 11
Mid Ulster Community and Arts Trust Ltd. (A company limited by guarantee) Notes to the financial statements for the year ended 31st October 2023 Expenditure on Charitable activities Other Support cost$ CharitablGov¢rnance aetivities eosts 2023 Tol81 2022 Tolal Guid¢d walks programme Wages & salaries COVID-19 Recovery programme Core operating costs -FODC Core operating costs Repairs & maintenance Carnien, The first 60 years Premises adaptation Reimagine community space Tutor cosrs Culture night Irish language focused aclivilies Music events for older peoples Tackling fast fashion Chair pilate exercise classes Wami Space provision Health & safety capital programme Lobby upgrade and space provision Facade upgrade Disabled bathroom table upgrade Book Nook project Hot desk facility Governance costs 500 2,160 24,329 1,050 5,998 2,263 8,797 ,558 2,000 5,200 3,050 8,250 200 15,790 5,283 200 15,790 5,283 640 200 640 200 280 1,200 462 5,310 3,530 1,470 1,300 500 9,113 19,034 2,463 2,000 3,530 ,470 1,300 500 9,113 19,034 2,463 2,000 5,989 1,800 4,911 7,569 7,569 45,450 7,569 24,323 77,341 68,606 Other expenditure Unrestricted Restricted 2023 Total 2022 Total Donations Handball Club - Arts partner Bank charges Lease amortisation Depreciation 550 550 ,500 6,144 755 2,777 539 2,777 5,107 539 2,777 5.107 8,973 8,973 11,176 Page 12
Mid Ulster Community and Arts Trust Ltd. (A company limited by guarantee) Notes to the financial statements for the year ended 31st October 2023 Employees Employment costs 2023 2022 Wages and salaries 8.250 5.000 Number of employees The average monthly numbers of employees durin8 the year, calculated on the basis of full time equivalents, was as follows.. 2023 2022 Number Number The charity considers ils key management persomel io comprise of the Trustees. None of the rrusrees have been paid any remuneration or received any other benefits. No tntte5 expenses have been incurred. Land and Fixture buildings leasehold fittings and freehold property equipment Tangible fixed assets Total Cost At l Nov¢mb¢r 2022 At 31 October 2023 25,915 25,915 90,000 90,000 25,539 25,539 14l,454 141,454 DepreciAtlon At l November 2022 Charge for the year 42,777 2,777 42,777 7,884 5,107 At 31 October 2023 45,554 5.107 50,661 Net book values At 31 October 2023 25,915 44,446 20.432 90.793 At 31 October 2022 25,915 47,223 25,539 98,677 The tnarket value of the building is not applicable as the land on which the building is situated is oNed by St Patrick's thhdiocesan Trust Limited and its Use is restricted to that of a Conununity & ATts Centre. The charity's lease with St. Patrick's has a remaining useful life of eighteen years and has a markel value of £90,000 as valued by an independanl valuer. In October 2021, the Diocesan Prop¢ty Committee approved an extension of the lease agreement for an additional eight ye Page 13
Mid Ulster Community and Arts Trust Ltd. (A Company limited by guarantee) Notes to the financial statements for the year ended 31st October 2023 10. Debtors 2023 2022 Debtors VAT FODC - Culture night FODC - Community Premises Support Slieve Divena CommLfftity Fund 2,837 2,290 841 5,989 1,300 1,800 2,837 12,220 11. Creditors: amounts falling due within one year 2023 2022 Creditors The National Lottery Fund Tesco Community Grant - jerseys DtE COVID-19 Charity fund Energia Tyrone 3 Windfanns cOnunity Benefit fund Hall lobby upgrade and space Energia Tyrone 3 Windfanns Community Benefit fund Panlomine for All Nationwide Community Fund - Cullure and Community The Older People's Fund - exercise classes Taxes and social security creditor Accruals and deferred income 683 530 500 959 2,000 1,104 1,584 3,000 208 3,700 660 2,913 4,538 5,000 2,913 12,194 28,098 12. Company limited by guarantee Mid Ulster Community and Arts Trust Ltd. is a company limited by guarantee and accordingly does not have a share capital. Every member of the company undertakes lo contribute such amount may be required not exceeding £1 to the assecs of the charitable company in the event of its being wound up while he or She is a member, or within one year after he or she ceases to be a member. Page 14