_**Dungannon Enterprise Centre Report and financial statements for the year ended 31 March 2025**_ 

_**Page 11**_ 

## **Statement of financial activities** 

||**Notes**|**2025**|2024|
|---|---|---|---|
|||**£**|£|
|**Income from:**||||
|Charitable activities|4|**609,121**|649,531|
|Sale of internally generated goodwill||**4,167**|-|
|**Total incoming resources**||**613,288**|649,531|
|**Expenditure on:**||||
|Charitable activities|5|**633,099**|675,425|
|**Total expenditure**||**633,099**|675,425|
|Taxation|8|**-**|-|
|**Surplus/(deficit) of income after expenditure**||**(19,811)**|(25,894)|
|**Transfers between funds**||**-**|-|
|**Net movement in funds**||**(19,811)**|(25,894)|
|**Reconciliation of funds:**||||
|Total funds brought forward at 1 April||**891,236**|917,130|
|**Total funds carried forward at 31 March**||**871,425**|891,236|



`All amounts above relate to continuing operations of the charity.` 

`The statement of financial activities was approved by the Trustees on 3 September 2025.` 

## **Signature:_______________________ Trustee - David Campbell** 

`The notes on pages 14 to 22 form part of these financial statements.` 



_**Dungannon Enterprise Centre Report and financial statements for the year ended 31 March 2025**_ 

_**Page 12**_ 

## **Balance sheet** 

||**Notes**|**2025**|2024|
|---|---|---|---|
|||**£**|£|
|**Fixed assets**||||
|Tangible assets|9|**2,715,881**|1,962,547|
|**Current assets**||||
|Debtors|10|**123,340**|76,246|
|Cash at bank and in hand||**12,858**|320,944|
|||**136,198**|397,190|
|**Creditors:**amounts falling due within one year|11|**(209,609)**|(155,964)|
|**Net current assets**||**(73,411)**|241,226|
|**Total assets less current liabilities**||**2,642,470**|2,203,773|
|**Creditors:**amounts falling due after more than one year|12|**(767,001)**|(277,117)|
|**Provisions for liabilities**||||
|Accruals and deferred income|13|**(1,004,044)**|(1,035,420)|
|**Net assets**||**871,425**|891,236|
|**The funds of the charity**||||
|Total unrestricted funds||**871,425**|891,236|
|Total restricted funds||**-**|-|
|**Total charity funds**||**871,425**|891,236|



`These financial statements have been prepared in accordance with the provisions of the small companies regime within Part 15 of the Companies Act 2006.` 

`These financial statements for Dungannon Enterprise Centre (NI018557) were approved by the board of directors and authorised for issue on 3 September 2025 and signed on its behalf by:` 

**____________________________                                ____________________________ Walter Cuddy                                                               David Campbell Director and Trustee                                                    Director and Trustee** 

`The notes on pages 14 to 22 form part of these financial statements.`