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 #140 A19 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 y￿r ¢odcd 31st October 21124 The TNgteu' r¢port ond th¢ financial sthEements lor the peri¢xl ¢ndLyl 31 (ktOl￿r 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 $how5 and crnfts exhibition5.' encnurnginki #ppreciall￿) OF nnd pDrtictpation rn ¢pintnLrniiy Drts ond ¢￿alIV￿ AITS by wple in lh¢ gr¢A of bencfit: the provision of2rL% Jnd Crafts cl&%s¢s nnd trninin&. 2. Advance ￿lucatIO1} and trnininb by orsanisinbl 111)(Vor d¢livering a J3n8¥ ofclassc& ltsition educational activti¥. 3. Promotè amateur sport ond hcalthy rttrc&tion by providing tacililics for plllyinLT Sport sucli ag bowl& bclxinstr and badrninlon and k¢cp fit tsGtiviilLs 4. lielieve thosc in necd by rcason of youth. 8ge. ill.he11ih. disRbrlily, rtnkncial hnrdship or o(hcr disndvaiiia8e. in porticul&r by orLpunisino a¢iivilics an(F healih promotion ¢v?nts ¥pe¢ifri¢ally for oldcr brld young people. 5. Provide fftciliries and owniso #ctivtios fow ftsmilics hnd the communiiy in ihc inler¥sls of social weiftsre for re¢reaiion and o¢lier leisure time owiptigns with thL' objcct of improviiibl tl)e condiDI)ns of life for th¥ sai(J rcsideiits. A¢hie¥ement and p¢rformAne¢8 ThTrs fiscal y¢hr. Mid Ulsiei Cominuniiy and Arlj 'fr￿1 Ltd IMUCAT) hus continuLd its dedi¢thitoii to fogtcring n vibTunl coinmuni(y hub af M)c Pnlri¢ihn. 8ub5din& on 60 year5 li Cent￿ of eyliuro. ereJtivity. •nJ commu￿llY in CDryi¢kmorE. MIILAf% prngrnthmc incliid¥d il iicli waricly of ¢veiils'. performance5. oiigoiTrb ll¢tivili¢8 Iliat bft)Jbilii IobLih¢r iesid¢nLS of all agcs. Early in thc liscal ycar. MUCA'I. hosiLd I'li¥ l.libhsiool ProplieLS and WhisLlin' DDnk¢ys o*¢r Ct)SWr wcckcnd as fundraisers providinu mucltrne¢ded rcvcnuc lor thc l)all's 9￿rnI•00s. Addiltunnlly, Ilie year saw The Add&im8 Fhmily produclion find tli¢ l 01) Yeov4 ofcouiiiry Mu$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 I￿1101. $crvinK dbv¢rse communiry needi.. Chair ExertiSL., Pilai¢s. dnd YULIO olfcred a healih-r(>CUse￿ outl¢t lor 0ldL"r ond younger participanis t)like. whil¢ Temion Trad trad#ional mu%ic sc&8ions enga￿d phrti¢ipanls 111 blu jthr. banjo. fiddle. hnd &ccordlon lesson5. A wid¢ arrny of Uddiiionol weckly octivitie4 includin& l>otriciftn 'fots. Siarbruker& uiid il* Aftemoon Club, furtli¢r cnriclied Ilie ye￿$ 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 m￿￿lIC Colle8e nnd Si. Colmcillc's PriL*tsry 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. r￿lI{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¢noV￿10￿ widely prftised for its ¢knnlines5 Dnd fun¢iionality. Addit¢onDI fundin8 from Communiiy Foundation siipported an upgrndo of th¢ nlFr¢c, ¢nhanein8 WO￿V¢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 signif￿3￿¢ 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 vI￿￿M5, ent￿nCIng 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¢-k￿I weemcnl. The year will also feature the production of Jimm￿3 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 p￿￿re 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 expendI￿re, of Ihe company for thar year. In pre￿rIng these finDncial stotem¢nts. the trustees, ar¢ rrquired to.. seleci $uifabl¢ accounting policies and apply them ¢onsisiently: - obsffve the m¢ihods and principles ID the Charitits SORP: - ffloke judgements And ￿lIMAte5 that •re r¢uon•blc •nd prudent: . stat¢ wh¢ther applicable UK accoun¢ing standards have been followed. subjeGI to any mattrial deparnires di￿10$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 D￿r&￿'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 I￿ponsibl11110 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¢ j￿rdanr￿ 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 h*v¢ come to rny auention. B•sb of Indep¢Dderyt ¢xamlner'J ¥eport I have ¢xamI￿d 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 examin*lon 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 aCcon1￿Ce 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 FIn￿tIll 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. Inde￿ndeD¢ 0x•min•￿8 $t*t¢m•J¢ I havt GomplcLed my examiiiarion and ￿ve no concerns in respect of the matters (l) to (4) listed 46ove •nd. in ¢onntttion wilh following the Dirc£tions of the Charity Commisston for Northern Ireland. I hav¢ found fto marters that require drnwing to your att¢ntion. Indep¢nd l ¢xaminer Mr. Joe Quinn F.C.C.A. O'Donn¢ll & Mellon 19r21 Castle Street OMAGH Co. Tyrory¢ 22 January 2025 PAge 5 Mid Ulster Community and Arts Trust Ltd. (A tompany limited by guRrgntcc) Statemenl of finantiil aetivities For lh¢ ytAr elld￿ 3 1st OL*obor 2024 Unrestricitd RL%trlLt¢ 21J24 Tol¥1 2023 Tot*l r401 Income 2nd cndowments from Donattons and lesarie% Chariiiible activitle5 Olher 1.998 33,544 55.675 94 36.213 43,952 48,26A 81.812 55.075 Tothl 91.217 48.268 139.4R5 100,259 Expen414ture ou". Raising funds Charitsble yeiivtiies Othw 25.562 53,040 9,509 30.082 96.788 g.sofj 26,922 77,340 8.973 43,748 Tothl 8,11 I 48.268 136,J74 13.2J5 IDLomel(expenditur¢) 3.106 3.106 (12.9761 Re¢on¢ilhtion or rua I"oMI fund¥ brousht fon¥ud RI.502 J1.88 I l J.J83 126,J59 Tol41 funds t¥nled forwnrd 84.608 Jl.881 116,489 113.384 Th¥ SWlemcnt or rinancial th¢tiviti¢¥ iD¢ludc.i ￿11 bulns losscs in Ihe ye4r thercforc a sepurate gt8tenieTrt of iotttl recounised goins ond loss¢J haj nol b¢en pr¢pwcd. All of the nbov¢ omounts relate lo Continuing nLtivIl'i￿. The Aotu OU Pages IJ to 14 form io(egr81 pArt fynantial sthtemexl& P¥o6 Mid Ulster Community and Arts Trnst Ltd. (A compiny limited by guarantee) Balanee sheet 4$ gt 31st Ootober 2024 2024 302) Not Flxed assets Tangible fixed A￿ts CDrTtnt ¥ssets Dcbto Bank and cAsh 83.930 90,793 10 S.8IM 43,211 2.837 31,947 49.015 34,784 cr￿110￿. 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¢strIc￿l 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 Tn￿t 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 cr4de 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 De￿e¢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 d￿ring the year. calculated on the basis of fvll lime equivalents. was AS follow$'. 2024 2023 N￿fflbtr Number 11)e charity consider5 its key managernent personnel io cornprise of the Trustees. None of the truskes have i*en p•id Ary remunerntion or rKeived any oth¢r b¢n¢fits. No tru5rc¢s expenses have been Incurred. Lnnd aDd Flx¢uru, bulldlnss le*s¢hoM fittlmgs and frtthold property equtprnent Tangibk rued •Jse¢s Total Cost At l Novernber 2023 At 31 O¢lober 2024 25.915 25,915 90.OIX) 90,000 25,539 25.SJ9 141,154 141.454 DepretiailoD A¢ l Novemb¢r 2023 Chary for the y¢ar 45.554 2,777 5,107 4,086 50.661 6.863 At 31 Ociober 2024 48,331 9,193 57,524 Net book v4lu¢s Ai 31 Ociober 2024 25.915 41.669 16,346 83,930 Ai 31 October 2023 2S,91S 44,446 2Q,432 90.793 Thg mitht ¥•1￿e of the buildin$ is nol •pplirAbl¢ u the land on which tht bulldin8 is siwattd is owned by Si P4triBV* A￿KILoG¢$an Trust Limired artd Its w Is WStri¢i¢d to that of a Coiiimunlty & Arts C¢ntr¢. Th¢ charity's lease with SL Patrick'5 has a Temaining useful life of ei&h¢e¢D Yea￿ and has r4 market value of £90.000 99 Wdlu•d by ￿ independ•nt valu¢r. In O¢tober 2021, the Diottsan Ptwety Cornfflitte< approved an eXte￿$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¢ Na11th￿l 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 a￿OrdinglY 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