Charity number. NIC106734 Compny htsmbtr.. Nl 47488 Mid Ulster Community Arts Trust Ltd. (A tompany limited by guarantee) Trustees, r¢port and fillan¢lal Jtstements for the year ended 31st October 21)24 *AE5PAVQX' 1810612025 COMPANIES HOUSE
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Mid Ub¢er Commuttity Arts Trust Ltd. (A company limited by ell*rante¢) Contcnts Pao¢ Lyl and adinini51rntiv¢ infonrntioR Trnst¢¢s' report Indwndrni examiners, report Ststement offinanciHI acrivifi¢g B&lanc¢ 3hr Notes to the financial stst¢menrs 9-14
Mid Uljter Community 2nd Arts Trn$t Ltd. (A company limited by guarantee) Legal and admini$lr*tive infvrmation Ctsarity number NIC106734 Company regi5trailon number Nl 47488 Reglslered office The Patrician Main Street Cirrickmore Co. Tyrone 8T78 QA Y Trustees Trac¢y McNally Jim M•8lllY• Colm Mccrystal Eiihne M¢Elduff Luke Daly Aiden Donnelly James Dobbs Donn¢ll & Mellon 19r21 Castle Strttt OmAgi) Co. Tyroiie BfT8 IDD BankcT5 AIB Page I
Mid Ulster Community tsnd Arts Trnst Lid. Comp4oy lim•t¢d by guurantee Trn¥tou' roport for the yr ¢odcd 31st October 21124 The TNgteu' r¢port ond th¢ financial sthEements lor the peri¢xl ¢ndLyl 31 (ktOlr 2024. Objectives And activi¢ie5 The objeciiv¢ of the compwny shall b¢ io promor¢ the benefii of ih¢ inliabithnls (Jf ihc Mid-ulsier greA tsnd its onviron% without di5tinctioii of 5¢N. ra. ¢ihniciiy or poliiiubl. rtlibiious or olhor opinions by.. l. Promotc arts and culiure by.. IIIL pr¢senthiSon ofcon¢eri.K performllnces, exhibitions. fair8 aiid culiurnl ev•nts ineludiii&i Iliosc of music. draft dance, t7lih $how5 and crnfts exhibition5.' encnurnginki #ppreciall) OF nnd pDrtictpation rn ¢pintnLrniiy Drts ond ¢alIV AITS by wple in lh¢ gr¢A of bencfit: the provision of2rL% Jnd Crafts cl&%s¢s nnd trninin&. 2. Advance lucatIO1} and trnininb by orsanisinbl 111)(Vor d¢livering a J3n8¥ ofclassc& ltsition educational activti¥. 3. Promotè amateur sport ond hcalthy rttrc&tion by providing tacililics for plllyinLT Sport sucli ag bowl& bclxinstr and badrninlon and k¢cp fit tsGtiviilLs 4. lielieve thosc in necd by rcason of youth. 8ge. ill.he11ih. disRbrlily, rtnkncial hnrdship or o(hcr disndvaiiia8e. in porticul&r by orLpunisino a¢iivilics an(F healih promotion ¢v?nts ¥pe¢ifri¢ally for oldcr brld young people. 5. Provide fftciliries and owniso #ctivtios fow ftsmilics hnd the communiiy in ihc inler¥sls of social weiftsre for re¢reaiion and o¢lier leisure time owiptigns with thL' objcct of improviiibl tl)e condiDI)ns of life for th¥ sai(J rcsideiits. A¢hie¥ement and p¢rformAne¢8 ThTrs fiscal y¢hr. Mid Ulsiei Cominuniiy and Arlj 'fr1 Ltd IMUCAT) hus continuLd its dedi¢thitoii to fogtcring n vibTunl coinmuni(y hub af M)c Pnlri¢ihn. 8ub5din& on 60 year5 li Cent of eyliuro. ereJtivity. •nJ commullY in CDryi¢kmorE. MIILAf% prngrnthmc incliid¥d il iicli waricly of ¢veiils'. performance5. oiigoiTrb ll¢tivili¢8 Iliat bft)Jbilii IobLih¢r iesid¢nLS of all agcs. Early in thc liscal ycar. MUCA'I. hosiLd I'li¥ l.libhsiool ProplieLS and WhisLlin' DDnk¢ys o¢r Ct)SWr wcckcnd as fundraisers providinu mucltrne¢ded rcvcnuc lor thc l)all's 9rnI•00s. Addiltunnlly, Ilie year saw The Add&im8 Fhmily produclion find tli¢ l 01) Yeov4 ofcouiiiry Mu$lc. boili orbyaJ)i5¢d by MUCAT and wunDly r¢t¢ived by iiidien¢¢$. The P&triGian's monihly socinl dhncc Coniiniied ¢0 Ilourish. and wcekly pm4raminoii ¢'DtitinLied I1101. $crvinK dbv¢rse communiry needi.. Chair ExertiSL., Pilai¢s. dnd YULIO olfcred a healih-r(>CUse outl¢t lor 0ldL"r ond younger participanis t)like. whil¢ Temion Trad trad#ional mu%ic sc&8ions engad phrti¢ipanls 111 blu jthr. banjo. fiddle. hnd &ccordlon lesson5. A wid¢ arrny of Uddiiionol weckly octivitie4 includin& l>otriciftn 'fots. Siarbruker& uiid il Aftemoon Club, furtli¢r cnriclied Ilie ye$ wogrnmme. The Pitrl¢i¥n also hosted multiple evciiis and cxhibiti011s. The Mid Illster Feslival of An13teur Drama r¢tum¢d, drnwing Significant crowds find cekbraling ralei11 fron) )eros8 Ire12tid. The holl's ¥ersaiilc spoce allowed it to liosi e¥enis such as blood donotion drives wliich und¢Ts¢ored iti rol¢ 0% a ¢entyc for comriiunily heallh and wellness. A(Idiiionally. boll) Dean mlIC Colle8e nnd Si. Colmcillc's PriLtsry School sthgcd productions of Sist¢r Act ond The Witchc& of 02 regptciivcly, fuTthtsr ¢5tAbli5hins Th¢ Potricion tL% on invaluoble rcsour¢e for Io¢iil educaiiuii aiid (he af(5. MUCA T also used Ibe opporlunily io showcasc Tlie Patrician's higtoric81 importAnG¢ witl) tlic r48C programmc If W¥lls Could flllk, which spotliLhled ihc buildino'.q lewy as .1 porforniance Yenuc fLd & Ehcrish¢d community space. Coincidin with the pro¥rnmmc. MUCAT premier¢d its own film. If Wolls Could I'4lk. which off¢Ycd a cominunity-cenlrcd n&niiive of The Patrician's 6(Lye•r history. rlI{ty Upgrndes and trundinlp Iniriatives MUCAT w&s diliB¢iif in pursuing fundinii opp)rtuniliL8 to YllS¢oin and en1?£¢ Th¢ Potric4Mn'8 infwrrncEure. Throubihoui th¢ year. sisnificant UPLtad¢s wcre Completed ihanks to Brnils from vtsrbous orb¥)nistylioThs, MUCAT sccured fvnding fTom the ArL$ Covncil for the insl#llation of utomalEd froni doors and bilinbtyjl signabie, which improved &cccs5ibiliiy and inclusivity for all visitois. Grants from die &oyle f*oundation. Garfield Weg101) Foundaiion, and Ulsier Garden Vi112ges faeilithted tompr¢htnsive r¢fvrbishrnon¢ of {1 ladies, 11¢( fncilitics; a hish4iaiidard r¢noV10 widely prftised for its ¢knnlines5 Dnd fun¢iionality. Addit¢onDI fundin8 from Communiiy Foundation siipported an upgrndo of th¢ nlFr¢c, ¢nhanein8 WOV¢e5 for stalT and volunt¢ers. Thc ESB Wind FJFM CommuT6ity Fiind fin•n¢d iho inslall#iion of laminare floorinB, improving Ihe aesil)elic appeal and durNb71ily of hejvily tralTickEd voas. Sinall¥r &wranis cnablca MUCA T lu purchase a projector and castinu (IL'vice, supportifi¥ multimodiA pyes¢ntutions and broJdeftin8 cvcni possibililies. P#EQ 2
Mid Ulster Community and Arts Trust Ltd. Compaoy limited by guarAllt¢e Trustees, report for ¢he year ended 31st October 2024 Futur¢ d•v41opments Looking fon¥aTd. MUCAT has se¢ured fijndins f(Y severnl projects aimed at rnaintaining Ind upgrading The Potritian's fa¢iliti¢s. Key ittii¢aliv£s include the plAThned signif3¢ heating system pSY3d¢, with fvnding from Commtsnity Pounduti(m and DTFF. A allt from The Honorable The Irish Soeiety will fAcilitste the purchAse of tvbotic mops and vIM5, entnCIng the efficiency of faeility m8intenArtee. The facade upgrade, iftcluding J draught lobby for improytd insulation and energy efficTertcy, is also slaled for the coming y¢ur. Discu5Jions wilh FODC regardin8 Ihe iransfer of ihe adjoinin8 public toilcl facilities into The Patrician llre progressin8 positively. wlth an anticipated s¢rVic¢-kI weemcnl. The year will also feature the production of Jimm3 Hall in Nov¢mber, u w¢ll as Ihe r¢lum of thc popular tookery classes in Decentber. MUCAT 1$ ¢ommitted to 8ustsinin8 its role w 4 vitlll and in¢lusiv¢ community hub for Carrickmore, wilh weekly activities. special events, artd f&¢ility improv¢ments thJt enhAnce the e¥perien¢e for all visitors. Strn¢ur& iovtrnanee #od maQA8em•Dt The ttusi¢e5 who serycd during lh¢ year are as sthied below: Tracey MeNally Jim MA8uire Colm Mccrysial Luke Daly Eithne M¢Elduff Aid¢n Donnelly James Dobbs Sts¢m¢AI of Y•spoMibililles The tfusiees (who ar¢ atso dir¢¢tors on the charity for the purpose of company law) are responsible for PTepAring the Tntyleé8 Annual Report and Ihe financial statements in acconlance with applicgble law and United Kin8dom Gener•lly A¢£eptobl¢ Accounting Practice. Lompany and charity liw requlres the teeS to pre financial scalements for each finan¢iil year whith give a tr attd fair view of the stale of the affairn of the charity and of the incoming resourcLq and appltcation of re¢our¢e6, it)cluding ineoyRc nd expendIre, of Ihe company for thar year. In prerIng these finDncial stotem¢nts. the trustees, ar¢ rrquired to.. seleci $uifabl¢ accounting policies and apply them ¢onsisiently: - obsffve the m¢ihods and principles ID the Charitits SORP: - ffloke judgements And lIMAte5 that •re r¢uon•blc •nd prudent: . stat¢ wh¢ther applicable UK accoun¢ing standards have been followed. subjeGI to any mattrial deparnires di10$ed explained in the financial stsiements: - prepare th¢ financial 51atements on ihe going con¢¢rn basis unless it is inappmpriate to presum¢ that th¢ charity will ¢on¢inve in opEratioft. Th¢ tyust¢es Hre responsible for keeping proper accounting rc¢ord5 which disclose with reasonable accuracy 4t any time the rinanGiAI position of th¢ Charity and which enable Ihern to ensure that the fin•n¢ial statements comply with the Cornpanies Act 2006. The trustees, are also responsible for safeguarding the assets of the ch8rity and henrx for thking rea30nable swp5 for the pr•vention #nd dw¢ciltsn of fr•ud and oth¢r ijY•sul•ritl¢3. SMAII tompany provision5 This ftport has betn prepared in a¢eordanc¢ with the provisions for Small compantes under Companies Act 2006 Thts report was approved by the Board on 22 January 2025 and 5i8ned on its behalf by P*8e 3
Mid Ulster Community and Arts Trust Ltd. Comp&ny limited by gu#ran(¢t Tni8tets' report for the y rcnd 31 t Oetober 2024 Dobbs Dr&'tOr Thu lJatrj¢jaii Maift Stitei CaFTi¢kniorc NICI 067J4 P•g¢ 4
Mid Ulster Community And Arts Trust Ltd. (A eompany limited by guarantee) llldepeDdeot examiner's report to Ibe ebarity trnstees of Mid Ulster Community aud Arts Trust Ltd.. I report on thc a¢Unts of Mid Uloer Community and Arts Trust Ltd. hr the yw ¢nded 3 1st 0¢be4 2024 whi¢h art Set out on pgges 6 to IS. Respective Iponsibl11110 of tharity trustees independent examiner As the charitys trys'teu (and also the ditectoEs of the tornpany for the purposes of company law) are responsible for Ihe prnparation of th¢ jrdanr with the requirefflents of the Companie5 Act 2006. Having satisifed myself that th6 charity is noi subjeci to audtt under Lxsmpany law. and is eli£7blc IOT independent ex¥minBtion, Lt is my responslbility 10.. . exAmine the atcounls uodcr xction 65 of the Choriti¢5 ACI - follow th¢ procedure5 laid down IA the gtrneral Direcfions ziven by.the Chgrty C¢Nnmis8ion for Northem Itelond und¢r sec(ion 65(9)(b) of the Chariues Act . state whether pqrticulAr rnattets hv¢ come to rny auention. B•sb of Indep¢Dderyt ¢xamlner'J ¥eport I have ¢xamId your charity accounts 5 Tequired under section 65 gf the Charities A¢t my 0x¥miJ¢Ion wu Gjrricd out in accordance with the Senetat Directions 8iven by the Charities Commission for Nonh¢rn Ireland under sxtion 6S(9Kb) of th# Charities Acl.The examinlon inclu¢kd a r¢vi¢w of th¢ accounting record5 kept by the charity •md Gomparijon of th¢ a¢counf5 pr¢senred wilh those re¢ord& It also included consideration af any unusual items or isc195ures ID the Kcounts, and seeking explanations from you as eharty Irustees eone¢ming $u¢h m•tt¢ts. My role Is to state wheth¢r any milerial matters have come tD my Attention giving m• caus¢ ¢0 belieK,' l. That ¥¢4untins r¢¢ords w¢tt not kept in aCcon1Ce with section 386 of the Companies Act2006 2. Thit the arAounLi do nol accord with those accounting reeordj 3. That the iCCOLmts do not MplY with the a¢¢ounting reqiiirem¢nts of sKtion 396 of thc Companies Act 2006 gnd with the rndhodb and prlnciple5 of the Charilies Sthi¢ment of Recommended PTa¢ti¢¢ applicable to charities prEparing th¢ir •¢¢oUn In a¢¢oidbn¢e wrth the FIntIll Reporting Siknoard applicable in ihe UK and Republie of Ireland 4. That there is no fiKth¢r infonnation needed for a propcr undcr3fanding of the accounts to be reached. IndendeD¢ 0x•min•8 $tt¢m•J¢ I havt GomplcLed my examiiiarion and ve no concerns in respect of the matters (l) to (4) listed 46ove •nd. in ¢onntttion wilh following the Dirc£tions of the Charity Commisston for Northern Ireland. I hav¢ found fto marters that require drnwing to your att¢ntion. Indep¢nd l ¢xaminer Mr. Joe Quinn F.C.C.A. O'Donn¢ll & Mellon 19r21 Castle Street OMAGH Co. Tyrory¢ 22 January 2025 PAge 5
Mid Ulster Community and Arts Trust Ltd. (A tompany limited by guRrgntcc) Statemenl of finantiil aetivities For lh¢ ytAr elld 3 1st OLobor 2024 Unrestricitd RL%trlLt¢ 21J24 Tol¥1 2023 Totl r401 Income 2nd cndowments from Donattons and lesarie% Chariiiible activitle5 Olher 1.998 33,544 55.675 94 36.213 43,952 48,26A 81.812 55.075 Tothl 91.217 48.268 139.4R5 100,259 Expen414ture ou". Raising funds Charitsble yeiivtiies Othw 25.562 53,040 9,509 30.082 96.788 g.sofj 26,922 77,340 8.973 43,748 Tothl 8,11 I 48.268 136,J74 13.2J5 IDLomel(expenditur¢) 3.106 3.106 (12.9761 Re¢on¢ilhtion or rua I"oMI fund¥ brousht fon¥ud RI.502 J1.88 I l J.J83 126,J59 Tol41 funds t¥nled forwnrd 84.608 Jl.881 116,489 113.384 Th¥ SWlemcnt or rinancial th¢tiviti¢¥ iD¢ludc.i 11 bulns losscs in Ihe ye4r thercforc a sepurate gt8tenieTrt of iotttl recounised goins ond loss¢J haj nol b¢en pr¢pwcd. All of the nbov¢ omounts relate lo Continuing nLtivIl'i. The Aotu OU Pages IJ to 14 form io(egr81 pArt fynantial sthtemexl& P¥o6
Mid Ulster Community and Arts Trnst Ltd. (A compiny limited by guarantee) Balanee sheet 4$ gt 31st Ootober 2024 2024 302) Not Flxed assets Tangible fixed Ats CDrTtnt ¥ssets Dcbto Bank and cAsh 83.930 90,793 10 S.8IM 43,211 2.837 31,947 49.015 34,784 cr110. amounts f•lllfjg due wlthln onÈ year (16,456) (12.194) Net e¥rrÈnt 998ets 32,559 22,590 N¢t 116.489 113.383 Fund# Restyicrd irt¢om¢ fvnds 31.881 31.881 Unr¢strIcl Inwne Revaluition Tes¢rve (5.392) 90.000 (8.498) 90,000 Tothl unTe5trict¢d incorne funds 84.608 81,302 Tatal fund 116,489 113.383 The Baionce Sheet Mnts'nues on the followin8 page. The niltrs on p4e$ 9 to 14 forn IDtegTAI part of the fln*n¢ial st4ltm¢Thts. Pgge 7
Mid Ulster Community and Arts Tnt Ltd. (A company limitcd by Euaranto¢) B#lan¢c sh¢¢t {ContinuL) Tnotees, slatcments quired by Compdnii% Act 2006 for the y¢ar ¢nded 31st OctobLr 2024 In approving ihege fimneiol wtem¢nL4 fys ti'ust¢¢s OF Ilic c<Jmpany we hereby collf1m).' (a) Ihat the year stad above Ihe compnny was cntiiled to ilte exemption und¢r section 477 of ihe com1kle% Aet 2006 r¢latinb7 10 small companies. (b) ft¢ M¢Mr$ hhv¢ required the company io obiain aft audit Of it5 ac¢ounts for the yc&r ITr qUCStiisii 111 Hccororwce with section 476 of the Companies Act 2006. (L) ¢hMI we #Cknowled0 r¢JponJibiliYy For coinplying wlth th¢ requireiMents of ille A¢1 wilh r¢speGt io aclin(l& record$ and for ihc PT¢parnlion of accoun(s. Thest finllncittl Staten are pr¢par¢d in a¢rdan¢# with thc pn)visions appli1¢ io compani&% subject to I1 8mall companim, regiine. Tl1¢ fial1st statents were opprtsd by ili¢ Boayd on 22 J4iMWry 2025 its b¢hnlf by (NJ Trncey DI¢(r cNalty James Dobbs DIr¢<bI. The nots on PAees 9 to lé form #Tr lotsgrnl prt of éh¢¢4 Ilth•Thcil $tst¢m¢Dts.
Mid Ulster Community and Arts Trust Ltd. (A Company thnited by guarauttt) Notes to th¢ furdnfkal statements for th• yqAr end¢d 31st Oetober 2024 Aeeountithi poliei Th principal ¢11118 policies e 5umm•rid btslow. Basis of xtouftting Aftd asseksment of going eoneern The fin¢111 51ai¢ments h&v¢ prepared In a¢¢ordanct with Accouniing and Repjrting by Ch4riti¢s.' Staiements of Recommended Practi¢¢ applicable to charities preparing their accouTrts in accordance with the FincIal Reporting Standard applicable in the UK and Republic of Ireland (FRS I02xeffeive l J2AU2ry 2015) - {Charities SORP (FRS 102)). The CharitL¢S {A¢¢o¥nts and Reports) Regulations (Nl) 2015 and the Companies A¢t 2006. Th¢ ¢harity eonstithtes a publie btnefit entity as defined by FRS 102. Ass¢ts and liabilili¢s art inlijlly recognised at historical ¢oJt or tr•nsa¢lion value unlejs otherwise sthtrd in the relevant ae¢ountln8 poli¢y noie(s). The tNstees coN5ider that there •r¢ ao mattrial uncerfaittties about the charitys thility to tontinue 8$ a going coneem. 1.2. Ineomlng resour All incoming resource$ ore included in the statement of finuncial activiiies wthen the eh¥ity 1$ potitl¢d to th¢ income ond th¢ amount ctn be quantified with r¢uonabl¢ 4¢turncy. Th¢ followln8 spe¢lfl¢ polleles ve appll¢d 10 pHff Irulor uiegorles of Income.. Grts. including grts for th¢ pUrche of fixed us¢t& are recognised in fvll in the Jtatemenl of financial •diviLieJ in the ye•r in which th¢y we rt¢elvibk. 1.3. ResoDrea expended Expenditure is recognised on an •ccruul knis as a liability T$ incurred. Expendiwre IlUdeS any VAT which Cannot be fully recoved, and 1$ repoif¢d u purt of th¢ expendilure to which it relates. Costs of charitable aetivitk¢S irtcludes those 1vit¢S undertAken to futther the purposes of (he charity and their &J30¢iad support ¢oJts. Other expenditure Tepresents thos¢ it•mÉ not falling into otlw h¢•din8. Support costs ar¢ thost fvn¢tions thai assist ihe work of the charity but do not dire¢lly undertake charitable activitie5. Support wsis include b4¢k office costs. firt¢¢. personnel. payroll and governance costs which support the charitys activils.These costs lthve been •llocaled betsween cosi of r4i$in8 fvnds and expendire on ch#ritAble tivItieS. 1.4. Twagible Ilxed wets ¥nd depretlation Tangiblc fixed Sets are stated at cost less xcumulated deprec110n. Depreciation is prnvid¢d at rnies cal¢ul8ied it¢ off the cosi or valuation less residual value of each as over its expxted useful lif¢. as follow3: La$¢hold propertieg Fixlure5, fiiting5 und equiptnent Stroi8ht line over the life trf th¢ l¢as• 2(Ph Rcducins balanc¢ Pai¢ 9
Mid Ulster Community and Arts Trust Ltd. (A comp2fty limit¢d by guarant¢¢) Notes to the financiul stat¢ments for the yur ¢ndcd 3 1st O¢tob¢r 2024 2. Donaliom aDd l¢gtsci¢s 2.023 r¢%tAct¢d Tothj Donaiions 1.998 1.998 l.S9 1.998 Ineomo from Chnritble ¢éivtties Uiire5trlctcd Restricted (iiii¢i¥ 2024 Totttl 2023 Total Ans programme FODC Warm Sooce FODC Culture nibht fili FODC Cornmufiily Pr¢mi5e$ Support FODC 100 Years ofcounlry Music En¢rLiia'fyrone 3 Wincifunns Cuinmuntly BLlIL'lil blind CneryTr4'fyronL J Windliimis Comm. foiind.- Facude 8ECAD- Wind Fann Communiiy friind ESL4 Wind Fonn L'ommuniiy fund D¢pnrtment ofconiiniinilies COVID R¢¢ov¢ry fund The Nationul Lo¢t¢ry- Tobv¢th¢r for Ouf PlanL'I Grovfidwork3 InishaliY¢ Community Benefil Fund CrCU1nConr0e Community BenEfit fiind Th¢ Older P¢opl¢'s fund Nationwide Lommunily Fund- Culwre & Communily royle foundalion Fo Addains Fon)ily Ulst¢r Garden VillDEQ4 Limilejj Garfield Wcsion Foundaiion DevelttpiDg 14ealihy Communittos- Clear Project Ady COu11- H¢ulth & Safrvj pIlo1 Prowinni¥ Openrtach Commuiiity Fund DAERA - Rural Micro Capi1 Grnnl Scheme Honourobh Irish Socidy Facilily lii Partscipartt fe¢5 Art clAss¢J Stay yovTrE- clh1ir exer¢isc ¢lwes Youth Drama PaErician Tols 8,013 200 200 1.5 3.IKIO 1,000 1.500 10,480 1,000 2.464 6.QOO 5JO 530 500 2,000 1,470 2,000 2,000 1,300 4.330 3,700 208 3.700 208 3.00 1,520 5.000 3,O¢JO 5.000 9.900 1.650 lJ96 900 12.729 3.390 1.520 5.tKJO 3.000 1.650 l J96 12.729 3.3 10.$96 820 500 16.525 400 500 16.525 400 33.544 4%.268 81.812 56,21J VffiEe 10
Mid Ulster Community nd Arts Trust Ltd. (A ¢ompaDy limited by guarantee) Not¢5 to the fiuaDti81 $t#tements for the yr ended 31st Oetober 2024 Other ineome Unreslricled fund# 2024 Tolal 2023 Totsl Bar in¢ome Teen disco The Add41 Farnily produ¢tion Fundrnisin8 ev¢rns SUrart- R¢nt 13270 13.270 5.591 172 7,215 30.974 750 38,655 3.000 750 38.655 3.000 55.675 55.675 43.952 Expeoditsre OD R*tsin8 funds Veir 2024 Totsl Yegr 2023 Total UTrrnstrlCl R•s¢rie¢¢d funds funds 8arcosts The Addams family production Staging fimdrnisinK events 12.689 12.689 4.S20 11873 26.922 4.520 12,873 23,562 4,520 30.082 26,922 Poge 11
Mid Ulster Community gnd Arts Tyuat Ltd. (A eompany limited by %u#rant¢c) Not to the fiDancial $12tcmcnts for the year ended 31st Oetobèr 2024 lixpondituro on Churithble kncliviti¢¥ Oihor sppor1 2024 Tolal Z023 Total
ctlvliies
co%ts WaEe5 & $alari Core operdtin¥T cosls-FODC Corr OP¢rnlinb* ¢v$15 ftLPtLirs & tnaintcnon¢¢ Tutor costs Culiure nibht Music events for older peoples Tackling fasi fashion c1r pilate cxercise elalses Warm SpKe prgvi5ion Flcalth & safrty capilal pro8rnmmc lAbY iipgrnd¢ and spacc provision Facade upgrlldc Di5ablcd bLihrothn iablc upgrnde LmliL% ioil¢ts upwidL' offi up&>r4de DCARA Cfjpital Grthiil SECAD Upgrade floorin¥ Yeats ofcountsy Music Grovndworks &l#lfzips 9.260 490 9.750 200 15,790 5.283 (Ao 200 J,sJo ,470 iJoo 500 9,113 19,034 2.463 2,000 19.413 5,768 19.413 5.708 15.065 15.065 ?08 450 4.450 208 430 4.450 9.91 9.909 I,) 1.000 13.065 2,710 1.6113 2.464 1,500 13.065 2.720 1.683 2.464 1.500 ?76 4.254 4.31J 4.2J4 Governance costs 4.313 7.S69 66.804 4.313 25.671 96.787 77,340 Othor oxpondlturo UTrrtslritt¢d Rttlvitted 2014 Totsl 2023 Total Dortotions B¥)k chiwg¥ Leasc amortisation Dee¢lAtIOn 1.900 74 2,777 4,086 1.900 746 2,777 4.086 550 539 2,777 s.In7 9.509 9SOIJ 8,973 Paee 12
Mid Ubter Community 2nd Arts Trust Ltd. (A ¢ompaDy limited by guarantee) Noles to the fmanetal statements for the year ended 31st O¢tober 2024 Employ Employment fosts 2024 2023 WagES and salarits 9,7SO S.250 Number of employees The avernge monthly of ¢mploy¢¢s dring the year. calculated on the basis of fvll lime equivalents. was AS follow$'. 2024 2023 Nfflbtr Number 11)e charity consider5 its key managernent personnel io cornprise of the Trustees. None of the truskes have ien p•id Ary remunerntion or rKeived any oth¢r b¢n¢fits. No tru5rc¢s expenses have been Incurred. Lnnd aDd Flx¢uru, bulldlnss les¢hoM fittlmgs and frtthold property equtprnent Tangibk rued •Jse¢s Total Cost At l Novernber 2023 At 31 O¢lober 2024 25.915 25,915 90.OIX) 90,000 25,539 25.SJ9 141,154 141.454 DepretiailoD A¢ l Novemb¢r 2023 Chary for the y¢ar 45.554 2,777 5,107 4,086 50.661 6.863 At 31 Ociober 2024 48,331 9,193 57,524 Net book v4lu¢s Ai 31 Ociober 2024 25.915 41.669 16,346 83,930 Ai 31 October 2023 2S,91S 44,446 2Q,432 90.793 Thg mitht ¥•1e of the buildin$ is nol •pplirAbl¢ u the land on which tht bulldin8 is siwattd is owned by Si P4triBV* AKILoG¢$an Trust Limired artd Its w Is WStri¢i¢d to that of a Coiiimunlty & Arts C¢ntr¢. Th¢ charity's lease with SL Patrick'5 has a Temaining useful life of ei&h¢e¢D Yea and has r4 market value of £90.000 99 Wdlu•d by independ•nt valu¢r. In O¢tober 2021, the Diottsan Ptwety Cornfflitte< approved an eXte$lon of the loBse 48reem¢ni ftt an additional eitht yee Pqe 13
Mid Ulster Comrnunity and Art$ Trust Ltd. (A eompany limitsd by guarantcc Note8 to the financial %tstemcTrts for thc ycar cnded 31st October 2024 10. Dtbtors 11114 2023 Debtors VAT FODC- Comniunily PreinisL'S Suppurt Sli¢ve Oivcna Cominunily fund 2.837 450 5.804 2.837 11. Cr¢dltors: amonnts lalllng due wltlitn one ytar 21124 2023 Creditor5 Th¢ Na11thl Loii¢ry FuiKI l-esco Coniinunily Grnni- Jor3¢yS Cominiinily l oiiiidtttion CrL%&inconroL Energill Tyfone 3 WindfArm5 Communiiy BunLlTri l.lJll lobby upurjjdc %ptK¢ Cncrgia Tymne J Wind*Dnns Cominuniiy Ucnclii fund Puftioi)iiiiL lor All NDtioiiwid¥ C.ommuni(y fund- CuliurL knnd Coinmuiiily The Older P¢opl¢'s fund- ¢xercise Tttxe$ Diid sociol s¢¢urily croditor Ac¢ruil$ artd deferT¥YI in¢omc 7J93 683 530 500 ?.ouv 4.OQO J.o¢Jo 208 3,700 660 2.913 300 2,763 16.456 12.194 12. Compuny IlmitL¥I by %u4Thntrc Mid Ulstcr Community and Ans Thsst Ud. is a eoihpany limited by guurnn(e¢ and aOrdinglY does not have a shore capiiDI. Evcry mernber of the coinpuny iind¢rtDkes lo conlribule such mount may be rcquittd not exceL.ding £ I to the asscls of the charitable comparty in iho ovenl of Its being wr>und up wl)ilc li¢ or 5hL is a member. or witliin on¢ year after he or she to b¢ u rn¢mb¢r. Pog¢ 14