Charity number: NIC107000
Company number: N1647610
Mountfield Area Developrnent Association Ltd
(A company limited by guarantee)
Trustees, report and financial statements
for the year ended 31st August 2024

Mountfield Area Development Association Ltd
(A company limitcd by guarantee)
Contents
LL￿￿21 and admiiiislralivc infornialion
Triislees, report
Independent ex<1miners' ruport
Statement ot linancial activities
Balance slieel
Notes to the fiii<incial slaleinei)ts

Mounffield Area Development Association Ltd
(A company limited by guarantee)
Legal and admlnistrative information
Charity number
NIC107000
Company registration number N1647610
Business address
2 Main Sti-eet
Mounifield
Co Tyrone
BT79 7PP
Registered office
2 Main Street
Mountfield
Omagh
Co. Tyrone
BT79 7PP
Trustees
Francis Haughey
Mary Carland
Sharon Wilson
Chri5tophei' Gormaii
Shane Tracey
Siobhan Donaghy
Kevin Begley
Marie Meenagh
23108117
23108117
23108117
23108117
23108117
23108117
23108117
23108117
Accountants
O'Donnell & Mellon
19121 Castle Street
Omagh
Co. Tyrone
BT78 1 DD
Bankers
Bank of Irelaiid
Campsie
Omagli
Co Tyroiie
Page I

MountfAeld Area Development Association Ltd
Company limited by guarantee
Trustees, report
for the year cndcd 31st August 2024
'I'he Trustees, repori <111d Il)e I Inlc IIClI11 slateiiieiils li)r Ihe pei'iod endcd 31 Aiii)LisI 2024.
Incorporation ancl change of n41me
Tlie company WÉIS incoi'poi¢iled on 23 AIiLTllSt 2017. Tlie coinpany coinnienced on I Scpteinber 2017.
ObjeLtivcs and activities
l-he objectives ol- Ilie Loiiipaijy sli(Ill be lo furtlier benetit tlie resideiils of Molinttield ¢ind 5111-roundingY areic s by pi'ovidii)gp oi.
assisting in IIIL pi'ovision of facililiL.% 111 tlic inlerests ot. SOLll& I WLlli2re loi- rLcrciilioii <ind Ici%iire liiiie occupalioii will) tlie
objective of improvingy the conditions of life for Ilie residents wiil)oul distinction of 1l&lL, sex, race or polilic¢il, I'el igyious or
other opinions
Financial Ro.%ults
Tl)L fiiiai)cial rcslilts for the year are set oul on paLTes 5 10 11.
ALhievemcnt and pcrformancL'S
Moiintfield Are1L Developmeiii Association Lid. lic1d sucessfiil ycar and is Ililly opei'ational as al 3 1st Aug>Lis12024. The
committee continlied to provide facilities aiid activiti¢% for Ilie people of M()unifield aiid sui'i-oundingT arecls <1nd havL' wol'ked
closely witli the community aiid other comi))unily orgyanisalions lo illeet Ilie idenlifiLd needs of tlie people, iiicluding.. Yoliih
Club, Stay and Play, exei'cises, yogp(1. pilates ai)d114indbJll. Ollier c11( SSL.5 iiiclude.. cookinLY classes. crocliel, 1( rt, l(i()d hy&ieiiie,
first aid and dcfibi'illatoi- Irainiiig. Social EvLI)15 were orLTrlc niscd r()i- L2( slei., Cl)I'islmas & l-lcilloweei). I liro of the preii)ises lu
various comniunity groups and individuals.
Structure, governance and m4iiiAgement
The Ii'u5l¢L.% wlio served dui'iiig Il)L yCcll- are <15 sl<ilLd below..
ri'i( ncis l-laiigl)ey
Mary Cill'lciiid
M4irie Meen4lLbli
Siobhaii Donagliy
Sharon Wilson
Shane Tracey
Chrisloplier Gorman
Kevin Begley
Statement of rcsponsibilities
Tlie trustees (wlio arc also dii'ectors on Il)e cl)ai'ily for the piirpose ot Lonipclliy Iilw) are I'espoiisible for prepil ring the Trustees
Annual Report aiid the finaiicial staleinenls in acLordic nce witli applicable1<1W ai)d Ui)il¢d Kiiigdoiii Genei'c111y Acceptable
A¢countingT Practice.
Company <1nd ch<11'ity law reqliires IhL Iru51ees to pi-Lparc fin¢lnLi<il stc11eineiils for eacli financial yeai. which gyive a true and
fail. view of the slalc of ihL (Irraii's ol. tlie cl)Ic I'lly aiid of tlie incoiiiiiigi rL%oiii-ces and applicalion of resolirces. including incoine
and expenditure, of tlie coinpaiiy loi. Ihal year. In prep1( riiibi Il)csc liiicincial stateinei)Is, Ilie Iruslees, c1re rLqiiii-Ld lo=
Select suitable accounling policies aiid 1( pply tlieim consislently-
observe the melhods and priiiciples in the Chilrities SORP.
make.judgienients and estimales that 1( re re1< SOlll¢ ble and prLidenl'
sl<1te wheil)er applicable UK accountinby standards l)ave been lollowed, siibjecl to any matei-ial departures disclosed 1< nd
explaiiied in tlie fiiic1ncial slalemcnts-
prepare the fiiiancial slatemei)Is un tlie goingv coiicern b1¢ sis unless it is inappropriale to presume ilial Ilie clic1rity will continue
in operation.
The trusl¢es arc responsible for keeping propel. accoLiiilin&v records wliicli disclose with reasonable accuncy al any time the
financial position of IhL chÉ1rity aiid which enable Ilieni lo ensure tlicll tli¢ fin¢iiicial staleinenls comply with Ilie Coinp1c Iiies Act
2006. Tlie Ii'uslees, are also responsiblL for safcgJiicl1'diiigi Ihe asscls of tlie cl)ai'ily cind lieii¢e for lakingi reasonable %teps for the
pi'evention and detection or rraud and other irregLil4iriliLS. The trustees have coniplied with Il)e duly lo liave regard to Ilie
guidance issued by the Commissioner uiidei. section 4{b) of Il)e Ch4iritie5 Acl(tl)e public benefit reqiiiremeiil statutoiy
guidance)
Page 2

Mounffield Area Development Association Ltd
Company limited by guarantee
Trustees, report
for the year ended 31st August 2024
Small eompany provisions
This report has been prepared in accordance with tlie Special provisions for small companies under Cornpanies Act 2006
This report was approved by the Board on 20 August 2025 and signed on its behalf by
Kevin Begley
Director
2 Main Street
Mountfield
Omagh
NIC107000
Page 3

Mounffield Area Development Association Ltd
(A company limited by &Fuarantee)
Independent examiner's report to the ch4qrity trustee.s of Mountfield Arca DevL'lopmcnt
Association Ltd.
I repurl ()ii Ihc accounts of Moiinilield Area Developi)ILII1 Associalioii l.ld for tlie year ended 31 Aiigbust 2024 wliicli <1re
sel out on pa&￿eS 5 10 9.
Rcspective responsibilities of charity trustL'L'.s and inilcpen(IL'nt examinL'r
As the ¢lTrai'ity's IrLlStees {<1nd also Ilie directors ol- IhL Loiiipany loi- IIIC Plirposes ofr. Col￿panY law) yoii are responsible for
tlie preparation of IhL accoiinls in c1ccord<incL with tlie rLqLiiren)Liils ol. Ille Coii)panie5 Act 2006. 14avii)g> satisilid InysLir
thal the cl)arity is not siibject to audit uiider coinpany law. and is eligiible t.or indcpendeiit examinalion, il is Iny
respoiisibilily to-
ex<iniiiie the accolinls iiiidei. .seclioii 65 of Ilie Cliic rities Acl
follow Ihc pro¢edui'es laid down iii ihe gTeiici-al Dii'eclions gJiveii by Ilie Chcll'lty Coiniiiission for Northei'n Irelaiid under
sectioii 65(9)(b} of the Cliarities Act
-state whether partlCLilar Indllers liave come to Iiiy iillenlion.
Basis of independent examinL¥r's report
I llavc LXdlliiii¢d your cl)ai'ily accouiils I'equired Liiidci'.%eLlioii 65 01. Ihe Cl)Ll1'ilies Act <11)d iiiy Lxamiiialion was carriLd
OLIt in accoi'dillicc willi Ilie gJeneic11 Directions L>iveii by (lie CliilriliL'% Coiiiniission for Nnriliei'n Ireland linder section
65{9)(b) of Ihe ChlL l'ilies Acl.Tlie ex¢qlllill<ili()ii included (1 1-eviLW of Ilie <iccounlinLJ recoi'ds kLpI by ihc cli4irily lind a
comparison of the accounts prLsented witli Iliosc reLOI'ds. li <11so included coiisideration of any iinusual ilen15 or
disclosures in the k]CCOUlitSi lind seeking explÉinalions from you as Chai'ity trustees conc¢i'niiigJ any such mall¢i's.
My role is lo %talL whclliei- 1L iiy iiialLI'ial In¢illcrs111¢ ve COliiL Io i)Iy c1llciilion gyiviiiuJ Inc cause lo beliLve.'
1. 1"111< t 1( ccoiiiiliiig) I'ecoi-ds were not kept 111 Llccord¢lllCe willi seclioii 386 ()I' Ilie Coinpaiiies All 2006
2. Thal tlie accolints do nol iiccord witli tliose accoiinling7 records
3. That tlie accoiiiits do iiol cumply witli tlie accounliiigJ reqLllI'eineiils ol- SL'Llion 396 of the ConipillllC5 Acl 2006 aiid wilh
the m¢)Iliod% and principles ol. Il)c Cl)ariliLS state1￿Cnt of Rccoiiiiiieiided Praclice appliC￿hre lo clic?rilies preparingi their
accounts in clCCQI'daiice witli the Financial Reporliiib, Standard applic1( bl¢ in tlie U K aiid Ilepliblic ol- Ireland
4. 'fhat there is no further information needed for <7 pi'oper undersl<indiiigF of the accounts lo be reached.
Independent examiner's statemL'lIt
I l)ave completed Iny CX<lmiiic11ion aiid liave no concerns in re.spect ol- the matlcrq (l) to (4) listed abovc aiid. iii
coiiiiection witli followiiiLY IIIL Dii'ections of Il)e Cli¢11'ity ComiT]issioii loi. Norlllei'ii Irelaiid. I h¢ive fouiid iio Inallers tliat
reqiiir¢ drawingy to your atlei)lion.
Independent examiner
Mr. JOL Quinn
F.C.C.A.
O'Donnell & Mellon
19121 C41Stle Sircet
OMAGII
Co. Tyrone
20 Au&?ust 2025

Mountfield Area Development Association Ltd
(A company limited by guarantee)
Statement of financial activities
For the year ended 31 August 2024
Unrestricted Restricted
funds
funds
2024
Total
2023
Total
Notes
Income and endowments from
Donations and legacies
Hall Hire
FODC
Small Grants
Other-capital Grants Released
1,200
18,405
675
1,200
18,405
675
1,200
14,367
3,861
1,314
11,340
11,340
11,340
Total
20,280
11,340
31,620
32.082
Expenditure on:
Raisinu funds
Charitable activitie5
Other-Depreciation
13.617
7,457
13,617
18,797
13,070
18,984
11,340
Total
21,074
11,340
32,414
32,054
Net incomel(expenditure)
794
794
28
Reconcilation of funds
Total fiLnds brought forward
29,529
29,529
29,501
Total funds carried fonvard
28,735
28,735
29,529
The statement of financial activities includes all gain5 and losses in the year and therefore a separate statement of total
recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
The notes Dn pages 8 to I I form integral part of these financial statements.
Psge 5

Mountficld Area Development Association Ltd
(A company limAted by guarantee)
Balance sheet
as at 31 August 2024
2024
2023
Notes
Fixed assets
Taiigible fixed assets
Current assets
Bank and cash
346,836
365,633
1,496
1,899
1,496
1,899
Creditors: auiounts falling
due within one year
(37,677)
(38,397)
Net Current liabilities
(36,181)
(36,498)
Total assets less current
liabilities
Creditors: amounts falliiig due
after more than onc year
Accruals and (leferred income
310,655
329,135
(66,415)
(215,505)
(72,761)
(226,845)
Net assets
28,735
29,529
Funds
Unresiricled iiicoiiie fliiids
28,735
29,529
Total fuii(Is
28,735
29,529
The Balance Sheet continues on tlie followiiig page.
The notes on pages 8 to I I form an integral part of these fiiiallcial statements.
Page 6

Mountfield Area Development Association Ltd
(A company limited by guarantee)
Balance sheet (continued)
Trustees, statements required by Companies Act 2006
for the year ended 31 August 2024
In approving these financial statements as trustee5 of the company we hereby confirm-.
For the year stated above the company was entitled to the exemption from audit under section 477 of the Companies Act
2006 relating to small companies.
Trustees resposibilities=
The member5 have not required Ihe company to obtain an audit of its accounts for the year in question in accordance
with section 476 of the Companies Act 2006: and
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, with
respect to accounting records and the preparation of accounts.
These financial slalements are prepared in accordance with the provisions in Charities (Accounts and Reports)
Regulation5(Nortlierii Ireland)2015 and Part 15 of tlie Companies Act 2006 relating to small companies subject to the
small companies r¢gime.
The financial statements were approved by the Board on 20 August 2025 and signed on its behalf by
Kevin Begley
Director
Francis Haughey
Director
The note5 on pages 8 to I I form an integrgl part of these financial statetnents.
Page 7

Mountfield Area Developmcnt Association Ltd
(A company limited by guarantee)
Notes to the financial statemL'nts
for the year ended 31 AuLFUSt 2024
Accounting policies
The priiicipal ¢iLCOUllting' policics are suniiii<1rised below.
Basis of accounting and assessment (Df going conLern
ThL fii)aiicial 5l¢ileineiits lii?vc beci) Pl-CP<ired iii ciccordciiice witli Accounliiig and ReporlinL' by Cliarilies..
Stateinenls ot RecominLnded Practice appliciL ble lo clic2rilies prLP1c I'ing Ilieii- accounts ii) Ic ccol'dance wilh Ilie
rinaiicial Keportingy Staiidcird c1ppIiciil)IL in tlie U K 1( nd Republ ic ot. Irelc111d (fR£ 102){etTeclive l Jaiiuaiy 2015)
(Cli<1rilies SORP (fRS I O?)), Tl)e Cliaritie.4 (Accouiils cind Repor151 RegyLil<ltioiis (N I) 2015 and tlie Coinpcinies
Acl 2006.
The cliarity constitutes a piiblic beiiefil eiitity 1( s defined by fRS 102. Assets ¥ind liabilities are inlicilly recogpnised
al historical Cost or li cill5ac¢ion Viillie iinlLS5 ollieiwise slc1ted in Ilie I'elevcint <1CCOLiiiliii& policy nole{s).
Tlie Iriistees Lon%idLr Ihai Iliei'e are no iiiaiei'ial uiiceilainliL4 1( boiii Ilie clicirily's abilily to continu¢ as a g?oiiig
coiicerii.
Resource.s cxpendcd
Expenditiire is I'ecogFnised on an accrual basis as a li¢1bility is inclirred. Expeiidilure iiicludes aiiy VAT wliicli
caiinoi be fiilly recovered, and is I'eported 05 part of tlie expcndilui'e to wliicli it relales.
Costs ol-Ll)ai-ilLiblL LILlivilies includes tliose Éicliviles iiiidci'tÉlkLn lo fiiiilici. Ilie PLifposLS C)l- Ili¥ cliai-ity and Ilicir
associated SLippoII cosls.
Oil)ci' expcndilurc I'epi'eseiils tliose ileiiis not l¢illing? iiilo 1( ny oiliLI' IIL¢idiiig.
Siippoit costs 1( re (hos¢ liinclioiis Ilial <1ssisi ilIL wi)I'k ol. tlie c111< rity bill do not direcily iindcrldkc ch¢11-Itc1ble
activities. Support costs inc5iidL back i)Ifice costs. I In1( IICL, PLI'soiiiiel, p￿ly]"O]I l< 1)d UF{)vern1c lice costs wl)ich 5UPPOrt
tlle cl)ai"ily's aclivilie8.I'lie5e costs l)ave bcLn alloLaled belweeii vo%l ot rillSiI)g7 luiids ai)d uxpciidilure on
charitable activities.
Research and development
Researcli expenditure is wriltcn orr io tlie pi'ofit aiid loss accoiiiit in Ihe y¢¢ir iii whicli it IS IllCLirred.
1.4. Tangible fixeil assets an(1 depreciation
Tanbyible fixed a55e15 <ire staled at cosi IL8s accuinu11c ted dLprecic1tioii. Depreciation is provided 1< t rates calculated
lo write oft the cost less I'esidiial valiie of eÉ1cII Il.%.set over its expected iiseful l ife. as follows..
Land & biiildinbys
Fixtures, filtingFS 1( nd equipment
4 /0 Sii"
20 /0 Reducinby balance
1.5. Grant InLomL'
Grants are crediled to deferred revenue. Graiits towards capital expendilui'e are released lo the profit aiid loss
accouiit over tlie expected useliil li fc of tlie 1( sset.s. Grants towards revenLie expeiiditure are I'ele1c sed lo IIIL profit
and loss accounl as the related expenditure 1.% incurred.
1.6. Taxation
As a cliarity, the cliaritable comp(1 ny is noi liable to corporation tax.
Page 8

Mounffield Area Development Association Ltd
(A company limited by guarantee)
Notes to the financial statenients
for the year ended 31 August 2024
Income
2024
Total
2023
Total
unrestrieted
Fundraising
Donations MCA
Donations Buy a Brick
Donations- Other
FODC
Small Grants
Hall Rental
1.200
675
1,200
1,200
3,861
1.314
14,367
18.405
18,405
20,280
19,605
20,742
Expenditure on Charitable activities
Unrestricted Restricted
costs
costs
2024
Total
2023
Total
Christinas lights
Rate5 & water
Repairs & maintenance
Insurance
Heat & LTght
Bank charges
Depreciation of property
Capital Grant released
Loan interest
Accountany
General Expenses
763
379
1,982
4.023
167
763
379
1,982
4,023
167
816
191
1.739
4,065
181
5,509
480
315
5,509
480
315
4,727
1,200
150
13,617
13,617
13,070
Page 9

Mountfield Arca Dcvclopmcnt Association Ltd
(A company limited by guarantcc)
Notes to the financial statcments
for the year ended 31 August 2024
Lxiid and
Fixturcs,
biiildings fillings an(1
freehold eqiiipincnt
Tangible fixed assets
Cost
Ai I September 2023 and
At J l AuLiiisl 2024
451,310
6,393
457,703
Depreciation
Ai I SeplLinber 2023
Clic1rg?c for the year
89,404
18,052
2,66CI
745
92.070
18.797
At 31 AugyLlSt 2024
107,456
3,411
110.867
Net book values
At J l Augyust 2024
343,854
2,l)82
346,836
At 31 Augyvst 2023
361.906
3,727
365.633
Creditors: amounts fallin% due
ftL'r morc than vnL' yL.￿)r
2024
2023
Bank loan
66,415
72,761
Creditor6: amounts falling duL'
within one year
2024
2023
Loan from MCA
Cominunity Loans
Accruals and deterrcd income
31,277
6,400
31.277
6.400
720
37.677
38,397
AceruAls and deferred income
2024
2023
Government grants
At l 8eptenibei- 2023
Released in year
(226.845)
11,340
(238,185)
11,340
At 31 August 2024
(215,505)
(226,845)
Page 10

Mountfield Area Development Association Ltd
(A company limited by guarantee)
Notes to the financial statements
for the year ended 31 August 2024
Loan Interest
Loan interest in the year to 31 st August 2024 £5508.40
Loan interest in the year to 31 st August 2023 £4727.22
Company limited by guarantee
Mountfield Area Development Association Ltd is a company limited by guarantee and accordingly does not have
a sliare capital.
Every member of the company undertakes to contribute such amount as may be required not exceeding £ I to the
assets of the charilable company in the event of ils being wound up while he or she is a member, or within one
year after he or she cease5 to be a member.
Pagell