Co]np8ny Nurttbei.. N1033477 Ch8Tity No.. 107634 FOUNTAIN STREET CO.KMLThITY DEVELoPlENT ASSOCIATIof4 FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JANUARY 2026
FOUIYTAIN STREET Co.}NITy DEVELoPmET ASSOCIATION cor4TENrs Page Legal & Adrnintstralive lllformaiion Trustees, Report Independeni Examiner5, Report Statement of Financial ActiYilLes Balance Sheet 10 Notes to the Financial Ststements Detailed Income and EKpenditure Acctsunl 18 Page12
FOUNTAll¥ STREET COMMLLNITY DLVE"LOPMEiYf ASSOCIATION IGAL & ADMINISTRATIVE INifOiihL4TION Trusttts Mr Shane BTe51in Ms Karina Carli Ms Lynn Maguire Ms SaTah Brelan Ms Rionach Ui Dhaimhin Registered Office 41 Founlain Streei Strdbane Co Tyrone llldependent Euminer Gerdld Kelly Kclly & Co 16 Patrick Street Strdbane Co Tyrone BT8? 8DG B4nkers AIB Meadowbank Strand Road BT48 7TN Company Number N1033477 Charlty llber 107634 Page13
FOIJNTAIN STRF,FT COmML.Ty DEVELOPMFwf ASSOCIATION TRLSTEES, REPORT FOR THE YEAR ENDED 31 J.4hiJARY 2026 The Trustees are pleased to pre5eni their gJu]ua] report togeiher with the financial slalements and the repon of the independent examiner for the year ended 3 Ist January ?026. This is a charitable company limited by guarantee and accepted as a charity by HM Revenue and Customs. b eCtiV and Activities The charitys airns io prosnote the tKnefrt of the inhabitsnts of FOunn Street and District area of StrabaTJe and its environs wrythoiit distinction ot sex, rdce or political. religious or other opinions. The charity involves variou5 voluniary and other organisations in a common effort to.. relieve poverty, sickness aiKI di5tre55 assist the disabled adyance education preserve and protect health to provide facilities in the interests of Sla1 welfare for recreation and leisure tim¢ 0upatIon The eharilies main activities involve: Education and learning progrs Training & employment opptsrtunities voltteer & work placements Youth engagement projects Health education progra5 including eK¢r¢ise ¢lasses. Cooking and awarenes5 PTograms Social activities for families and the elderly Physical renewal & enlironmental improveinents All communiry developmcnt initiatil'es and prdctic Aehieveme ts and Perforatre The charity delivered the following yariol WorhopS al other activities throughout the year in order to achieve its objectives.. Eieminiscence Group Male & fema]¢ Fi9 classes Calendar group Good relai10 proj¢¢t Community Support project Women's wellbeing pmgrdmme Seasonal Youth Camps Dance lessons Mindtulness & Meditation NLP progrdrnme Environmentai clean ups Winter health packs Halloween Creepy Camp Christmas Crrotto. Irish Dancing Irish language cla55es Irish Music lessons Page14
FOtiNTAtN STREET CO.TrThILNITY DEVELOPMENT ASSOCIATIOY TRLTSTEES, REPORT (CONTIYUED) FOR THE YEIKR EPIDED 31 J.45WARY 2026 Christmas Dinner Distribution to l(ul peLqioners Community vaccination clini¢ Birthday Paty Facilitaiion Stay and Play Messy Play ev¢ots Coffee Morning to rdiJe funds for Ial sick child atLd much more. We a]50 d¢liYered a rafi of training which included.. Child Protection B}IC Food Hygiene Firsi Aid & Defibrillator Paediatric First aid Fire Safetv Health & safety manu Hatmlling. DFC & EA Youth Engagemenl project which is based here h&s also delivered a number of different programmes aimed at I I to 18yr old the Strabane are& These included: Drug & Alcohol Awareness Mentsl Health & Wellbeing Leadership Crime prevention Healthy Eaiing Physical Fitness Community Relatio5 (hitdoor skills Publ1¢ enefit The objectives of the Trust are as listed. The Trust has considered the UK Charity Comtnission's guidance on public benefiT and plans to ensurc Ihat it provide) public benefit and achieves its objectives as set out ill the Trusi's Memordndum and Alicles of Association. Structure Goyernallce and Mauu ement Governing Document Fountain Streel Communiiy D¢velopmeni A&sociation 15 governed by its Memorandu¥n and Articles of Associaiion. Appoijtment ofTrusiees The Charity TnteeS are also Directors of the cornpany. A Tntstee is initi8Jly elected by the Board in accordance with the Mernorandum and Articles of As50CiJtion. In the financial year no n¢w Trustees were appointed and none resigned. The Board as a whole was approved by the AGM and continue5 to monrtor its membership. Organisation The Board of Te&S which admiois*r5 the Trust meets tbmughout the year as required. Page15
FOUNTAIN STREET CO,MMLTNITY DEVELOPMEKf ASSOCIATION TRUSTEES, RF.PORT (coYfThTT.D) FOR THE YEAR EhDED 31 JLjUARY 2026 Risk Review The management committee hLs conducted its own review into the m4or to which the ¢haNry is exposed. Significant external risks to funding hav¢ led to the development of a strateyts c plan which will allow for the diversification of funding and activities. Internal risks are minimised by the implemenlation of procedures for authorisaiion of all tra[ctiOnS projects and lo ensure consistent quality of delivery for all operational astEcis of the ¢haritable company. Finallcial Review The Company returned a net 5urpIl in fimds of £9.048 {2025- (£881)) after other re<ognised gains and losses. The results for the year are shown in pages 8 to 18. Reserves Poli It Is ihe policy of the charkty thai unrestrscted funds which have not been designated for a 5pecifi¢ use should be makntained a level which will eusure that. in (he event of a signifiLani drop in fundins they will be able to continue Ihe charity's currenr activities while consideralion is given lo ways in which additional funds aY be raise(L This level of funding has been maintained throughout the year. The Trust ain io continue to increase reserve5 to ensure the stability of its services, ¢mploym¢nt 8md everyday operations of the organis*ion. Goin ConeerD The Tnjstees have a re&oRabl¢ expe¢iation that the Tnt I adequate resources to continue in operational existence for the foreseeable future. Current levels of tinancial perfoTTnanc¢ by comparison with budgeted expectations" . Continuing support from local b(MJies Accordfftgly. the Trusi ¢ontinu¢s to adopt th¢ going concern bLsis of accounting in preparing the annual Iinancial 5tatetnents. Inde eThdellt Examiners A resolulion for the reappointm¢nt of Gerald Kelly as Independent Examiner of th¢ Trust is to I prowsed al the forthcotning A[Ual General Methin Page16
FOLIqTAIN STREET CO,MMLTI%'ITY DEVELOPMENT ASSOCIATION TRL'STEES, REPORT (coMfiNLTED) FOR THE YEAR Ef*l)ED 31 JLNIJARY 2026 ststement of Trustees, R The TrLStees, who are also the direciors of Fountain Street Community Development Association for the purpose of cornpany law. are responsible for Prepintr the TrteeS, Report and the accounts in aceordanee with United Kingdom Accounting Stand8rds (United Kingdom GetLerally Ac¢epted Accounting Practice)- CompaY law requires the Tll5 to prepare accounts for each financial Ye which ve & true and fair view of the stat of affairs of the charity and of sts incoming resowc¢s and application of resources, including the income aJJd expeEEditure, of the ctwitable company for that year. In preparing Ih¢s¢ financial ststernen the IreS are required 10: Sel¢d suitable accounting policies and apply them consi5tently' Observe the methLxls ¥nd principles in the Charitias SORP: Make judgetnents and accounting estimates thai are reusoRable and prudelll. 8J Prepare the accounts on th¢ going concern basis unless it is inappropriate tts assume that the companv will continue on that b&sis. The trustees are responsible for keeping ad¢quate accounting records that are sufficient to show and explain the ¢harity's Iransaclions and disclose wilh reasonable ac¢urdCy at any time the financial position of the ChItV and enable them io ensure that the fnanCIal statctnents cotnply with the Companies Act 2006. They are a150 respoIisible for safeguarding the assets of the charity" and hence for taking re&sonable slep5 for the preveniion and d¢tection of fraud aDd other iTregulaTities. Ststement of Disclosure to Inde elldent Ex4millers So far as the Trust$ are aware, there is no relevant infornlation of whi¢h ihe company's independent examiners are unaw3re. Additionally. the Tnjslees have taken all the necessarv steps ihar they ought to have taken TrsleeS in order to n)ak-e theTnselves aware of all relevant infortnation and to ¢slablish that ih¢ rompany's independeni examiners are aware 01th infonnation. 11 0 $ -2& and Signed on its behalf by: 5 reEx)rt was approved by the Board on Lynn Maguire (Director) Rionach Ui Dhainthin (Direclor) Page17
FOUNTAIN sfREI ET COMMUNITY DEVELOPME]Yr ASSOCIATION INDEPb:iNDEwf EXAMINERS, REPORT TO THE MEMBERS OF FOUYTAlTr4 STREET COMMUNITY DEVELOPMENT ASSOCIATION We reporl on the awounts of the compuny for the year ended 3 1st January 2026. which are set out on pageg 8 to 16. R£8pectiv¢ Ilespon$lblllti¢s ofTrustees and Ei#thiRer 'rhe Triist¢¢s {who are also the directors ot the company for the purposes of cornpany law) are resnSIble for the prepatIon of the accouiiis in ¢¢ordance willi the requiTemen15 oftlie Comwdnies Ad 2000. Having satisfied OLtrselYes thal the charity 1$ iiot subjec( io audit under company law and is eligible for ind¢ptyiidellt examination. it is our responsibility to.. - exami the accounts und¢r section 65 of th¢ Charities Act: lo follow procedures laid down in the gcneral directions ¥iYen by the Charity Comniission for Northem Ireland under 5LCtivn 65(9Xbl of the Chariti¢s Acl- and to state whether panicular matters have coine to our attention. Basi$ of independent e1amine, report We h&ve exarnined your charitj accounts as required under seciion 65 of the CharÈties Act and our examittatio was ¢arried out in accordance with th¢ gcn¢ral Directions given by the Chority commissio for Northem Ireland under 5tIOn 65(9)(b) of the Chariti¢s Act. The examination included a review of the accounting r¢¢ords kept by the chority and a comp4irison ot'ihe accounts pr¢s¢lld wilh th05¢ records. It 41so included consideration of any unus11 items or disclosures in the accounts. wld seeking explangtions from you as charity tntstees con¢crning atty such matters. Our role is to state whether amy maieriol malleys have come to our auenti(Mi giving us cause to belicye.. 1. That accounting rordS were not kept in accordance with secttor] 356 ot'the Companies Act 2006 2. That the accounts (lo not accord wirh those records 3. That ihe aLcounts do not ¢omply with the accouliting requirements of 5e¢tion 396 of the Companles Act 2(M)6 and with the medi¢)ds and principles ofthe Charities Statemcnt of Recommend Practice applicabl¢ to charities preparing their a¢counts in atrordance with the Finaneial Reponing Sthndard applicable in th¢ UK and Republic ofireland. 4. That Èhere 15 further informariun needed for x prvper ullderstanding of ihe accounts to be reached. llldepcndent eJ#miners' statement We have compleied otir examit)ation and h4ve no concerns in reswt of the mattcTS (l) ÉO (4) list¢d above 1. In connection with following the Direciions of ihe Chority Comrnission for Northern Ilalld. w¢ have found that require drawing to your att¥ntion. Gernld Kelly Accoiintant 16 Patrick Street Strabane Co'l')Tone Dated.. 28 April 2026 Pag¢18
FOUNTAIN STREET CO4IMLI)ITY DEVELoPl¥y[ ASSOCIATION STATEMENT OF FIF¥YclL AcfiviTIES FOR THE YEAR EfyI)ED 31sr JANUARY 2026 Tot*1 Funds Total Fumds 2025 Lkrtstrlded Funds Rtstrieted Funds 2026 Inco]ne from Grants and dot]atioThs Deferred Relvd5ed Other 194,731 51.960 10,857 246.741 10,857 167,466 10,857 3.420 io Total incoming r¢$ourc 194.731 62,817 257598 181,743 Resource5 Expended Char.table aCtitieS Interest wayaFtle sirnilar chayttes 185,T33 62.817 24&550 182,624 Governance Costs Ttbtal resour£es expend1 185,733 61817 248JS0 182,624 Net Income for the yearl Net movement in fullds 9048 {8811 Fund balances At I Febrnary 2025 97.863 97363 98.744 balances at 31 Jgnuai7 2026 106.911 106911 97,863 The stateneot of financial actIlieS includes all gains and Ios5e5 recognised in the year. All income and exp¢nditure deTive from wnliDuing activitie5. The statement of financial aaiyities also complics with the requirement5 for aTh inCOmE and exptnditurt account under the Companies Aci 2006. Page19
FOULiTAITh STREET COILNItT.YITY DEVELOPIWIENT ASSOCIATI(JN BALANCE SHEET AS AT 31ST JANUARY 2026 2026 2025 Note Fixed Assets 289.362 308.443 Current ets Ch al Bank and in Hand 84,288 84288 103.109 Creditors: Ainounts falling due within one y¢ar Creditors and AccDJais 2.347 798 NET CURRENT ASSETS 100,762 TOTAL ASSETS LESS CURRENT LIABIIJTIES 390.124 391.933 Creditors: Amount5 falling due after more thall ODe year 283.213 294,070 NET ASSETS 106,9ll 97.863 Cgpltal RerveS Unrestricted funds- general Reslrickd funds 106.911 97,863 106,911 97,863 The company is entitled lo the ¢¥emption frorn the audit requirement coniained in section 477 of the Companies Acl 2006, for the vear ended 31 January 2026. No member of the company has deposited a notice. pursuant lo S110 476. requiring an audit of these accouurs. The trste¢S, responsibilitie5 for ensuring that the ¢harity keeps accounting r¢¢ords which comply with section 386 of the Act and for preparing accounts which give a true and fair view of the State of affai of the cotnpany as at the end of ihe financial year and of its incoming resources 8nd app]ltIon of resources, in¢liiding its income ad exndIt. for the financi81 year in arcordance with the reqiiirements of sections 394 and 39< w'hich Otherlie COTnply with the requiTements of th¢ Companies Act 2006 relating lo accourtts, so far as applicable to the c<)mpany. These accounts have been prepared in a¢¢ordan¢e with the provisions applicable to companies subject to the small companies r¢gin. Th Financia] Statements were approved by the board on 11.of, 2ts and signed on its behalf by: Lynn Maguire (Director) Rionach Ui Dhaimhin (Dircctorl Pagel 10
FOUTAl STREET CO[rY DEVELoPlEN[ ASSOCIATIO NOTES TO THE FI)'AI%CL4L STATE}EY[s FOR THE YEAR ENDED 31ST JAP*lJARY 2026 Accountillg Pollcies Charity Information Fountain Street Community DeYelopm¢At Associalion is a private company limited by guarantee incorporated in Northern Ilan(L The registered office is 41 Fountain StreeL Strabane, Co Tyrone. The cotnpany is JEgistered with The Ciwity Commi10n for Northern Ireland with the Charity Number 101634. Accounting Conventioll The accounts have been prepared in accordance with the ch8rity's Memorandum and Arttcles of A550ciatioTr the COpanieS Act 2006 and 'AOnting Reponing by Chariti. Statement of Re¢ommend¢d Practice applicable to chartties preparing their accounts in &CCOTdance with Financial Rew)rtillg Stsndard applicable in the UK and R¢publi¢ of Ireland (FRS 102)"{as amended for accounting peri(Kts commencing from l January 2016). The tharity 15 a Public Benefit Entity &5 defined by FRS 102. The charity has taken advantage of the provi5iofLS in th¢ SORP for charities applying FRS 102 Update Bullthin I not to prepare a Statemert of Cash Flows. The ac¢ounls are prepored in Sterli which is the functional currency of the charity. Monetary amounts in these fuwLcial statements are rounded to the nearest £. The accounis have been ppared und¢r the historical cost convention. modified to include ihe revaluation of freehold properties aod to include Invment pmperties and eertain financial instruments fair value. The principai accounting policies 0pted are set out below. Going Colleern Al the time of approving the ac¢ounls. th¢ trusTees have a reasonable expectatioii that the charity has adequate resources to continue in 0ratIonal existence foT the foreseeable future. Thus the trustees continue lo adopt the going concern basis of accounting in preparing the accounts. ChAritable Fullds Unre5tiicted fid5 are available for use al th¢ dire110n of the trustees in furtherance of their charitable obj¢¢tivts unless ihe fvnds have been des1oated for other purposes. Restricted funds are subject to specific conditions by donors as to how rhey may be used. The purposes and uses of ihe restricted funds are set out in the nores to ihe accounts. Page | 11
FOUNTAIN STREET CO.MMLY41TY DEVELOPMENT ASSOCIATIOY lll¢oLDkng Resources In¢ome is reCOlSed when the charity is legally entitled to it after gny perlorniance conditions have been md, the amounts can be me&sured reliably, and it is probable that income wll be Ceived. Cash donations are recognised on receipl. Other don&ions a recognised once the charity has been notified of the donaliorL unless rErformance conditions require deferrdl of the amounL InC0e rccoverabie in l10n to donations ceived under Gift Aid or deeds or Covenant is recognisl at the time of the donation. Investllient income represents bank inleresl r¢¢eivable during the year. Turnover is measured at the fair Yalue of the CQT]sideration received or receivable and represents amounts receivable for goods and wvices provided in the normal Course of business, net ot discounts. VAT and other related xes. R0ree8 Expended Expenditure is recogni5ed once thetE is a legal or constructive obligation to make a payinent lo a third party. it is probable that settlement will required and the amount of the obligation Can be measured reliabl>. Expenditure on charitable activities incliides the costs of services undertaken lo fiuiher the purposes of the ctrwity and their associ81ed support Costs. Tangilth Fiied knets Tanwble fixed tt$ are initially me&sured at cost and subsequently ¥neasured at C05t or Valuatio net of depreciation and any impairtnent lo5. Depreciation is recognised so &s to wrtte off the cosi or valuation of asses less their residual value over their e(U1 lives on the following bases.. Freehold5 Pixtures and fittings 2Yo Strdight Line 20Q/o Straighi Line The gain or1055 arising on the distx%ai of an &sset is detennined the difference between the sales proce¢ds and the carrying value of ihe asseL and is recognised in net incom¢ J (expenditure) for the year. Impairmeut of Eixed Assets At each reporting date. the chartty reviews the carrying amounts of its tangible fLxed assets to delerniille whether there is 8t)y indication that those &ssets have suffered irnpairnient loss. If any such indication exists, the recoverable amount of the asset is estimated in order to detern]ine the exient ot the impatrnient loss (if any). tntangible Sets with indefu)Ète eful lives and Int3gible assets not yel available for use are tested for impairTnent annually, And whenever iher¢ is an indication that the asset may be impaird. Page | 12
FOUNTAIN STREET CO.IIMUYITY DEVELOPMEYf ASSOCIATIO Cash and Casb Equivalents Cash and c&sh equivalents include cash in haTrd. deposits held at call with banks, other 5hort- tertn liquid invesknents with original maturities of three &TrontlLS or les5, and bank overdrafts. Bank overdrafts are shown within borrowiw in current liabilities. Financial In8Érnments The charity has elected to apply the provisions of Section I I 'Ba5ic Financial in5trvments' and Section 12 :Other Financial Instruments Issues. ofFRS 102 10 All of its fman¢ial instruments. Financial Instnm)ents are recognised in the ehariry"s balance sheet when the charity be¢omes party to the contractual provisions of the instrumenL Financial Sets and liabilities offset. with the net amouDts presented in th¢ financial statements. when there is a legally enforceable right to set off the reColsed amounts and there 15 an intention to seile on a net basis or to realise the asset and settle the liability simultaneously. Basicfinancial assets Basic financial ass-ts, which includ- delrtors and c&sh and bard( batances aTe initiallv Meied at trarjsaction price includino tyansaction costs and are subsequently CaTried at amortised cost using the effective interest method LllJe5S the arrangeTnent collstitutes a financing trdnsaction, where the trarL5action i5 measured at the Pkesent Yalue of the futur¢ receipt5 discounted at a Market ratè of interest. Financial &s5ets classified receivable within one year we not amortised. B1CfluCll liobililies Basic financial liabilities. including Credito ad bank loo5 are initially recol$ed at transaction prirR unless the arrangement constitutes a fUkcIng transactio where the debt instrLrynent is measured at the presettÉ value of the future pa>'ments diwounted at a market rate of interest. FiThancial liabililies Classified as payable wiihin one year ar¢ nol amortised. Debt instrurnents are subsequently carried at amorti5ed cos( using the effective interest rate eth Trad¢ Creditors ar¢ obligatiorns io pay for goods or services that have been acquired in the ordinary course of OFtrations from supplier5. Arnounts payable are classified as curre))t liabilities if payment is due within one ycar or less. If noL they are preseElted &s non*current liabilities. Trnd¢ creditors a Tecognised initially at trat]saction price and subsequently m¢&sured at gmortised cost using the effective interest metho De recognition Dffinanciul liablthies Financial liabilit es deOgnISed when the charity's contractual Obligatio expire or are dischar8ed or caocelled. Page | 13
FOUNTAIli STREET CONThfLNITY DEVELOPMENT ASSOCIATION 1.10 Employee Benefits The cost of any unused holiday eErtitlement l5 recogni5ed in the period in which the employee's services rtteived. Tennination benefits are recognised immediately as an expense when the ¢harity is demOtrablY cotnrnitted lo termin8te the employment of an employee or to provide temination benefits. Critieal Accounting L81imates and Judgemeots In the application of the charity's accounting polici¢s. the trSlee$ art wuired to tnake judgements estimates and assumptions about the canyÈng aIiioutit of assets and liabilities thai are not readily apparent from other SOknT¢es. The estirriates and associated assumptior*s are based on bistorical exwience other factors that are considered to be relev8llL Actual results m8y differ from these estiTnate5. The estimattt and underlying &¢s(unptions are reviewed on an ongoing b&%i5. Re$tOn$ to ac¢ouniing estimates are recognised in the prriod in which the estimate is revised where the revision affects only that period, or in the perii)d of the revision and ftrtutE periods wheTe the revision affecls both current and future periods. Grants and donatioDS UDmtrie¢ed Fllnds Restrlcted Funds Tot41 2026 Totsl 2025 Donaiions and gifts Use of facilit(es and reniat income Grants receivable 19,767 13242 161.772 19.767 4,628 13,242 1 ? 950 $1,960 213,732 149,888 or the year ended 31 2026 194,781 51.960 24 741 167,466 For the yeor ended 31 2025 108.320 59,146 Grants recelvable for ¢ore activi Department for Communilies EducatiOE] ALthorTty Keep N] WHSCT Long terni Youths Projects park Co-operation Ireland sters of Mercy SSE Renewables Strabane District co¢11 Lottery. Kathleen Graham Trust iI,880 51,880 58.772 374 80 80 10.000 10,000 36,310 115,462 36,310 21,372 115,462 69,370 161,772 51,960 213,732 149,888 Pagel 14
FOUNTAIN SI'HLET COMML.NITY DEVELOPMENT ASSOCIATION Ch*rltable A¢tivities 2026 2025 Wages Training 116.645 217 1,698 102,770 4,983 1,514 3,541 4,272 7.690 3,461 2,5(HJ 2.369 870 Insurance Light & Heat Repairs & Maintenance Sktionerj Advertising Telephone HirE Partnership Funding Activity, Expenses Legal professional Accountancy Bank Charg¢s Charitable Donattons Siibscriptions Depreciation of fre5 and fittings Depreciation 6,732 23.042 2,164 2.500 1,396 1,81M) 59,369 1.500 1,620 464 18,812 3,780 1,602 440 916 11,703 10,858 795 12,367 10,858 248.q50 182,624 Trnstees None of the trustees (or anv persons connecied with Ihcm) received any remuneration or benefits from the charity during the year. Employee8 Number of emplove The average monthly numbw of employees during the y¢ar was. 2026 Nllmber 202S Number Employe& Employjllent Costs 2026 2025 Wages and Salaries 116,645 102.770 Page | 15
FOUNTAIN STRF.ET COM_MLIITY DEVELOPhfENT ASSOCIATION Tangible asseL8 tamd and Fiitures, buildings fittings and rre¢bold equipment Total Cost At l Febru8ry 2025 Additions 542.879 118.708 661,587 3.480 3,480 At 31 January 2026 542.879 122,188 665,067 Depreeiation At l Febnthry 2025 Charge for the financial year 260,557 92.587 353,144 10.858 11.703 At 31 January 2026 271.415 104,290 375,705 Net book vahe At 31 January 2026 271A(A 17098 289,362 At 31 Sanuary 2025 282.322 26,121 309.443 Creditors." Amounts falling dt within one year 2026 2025 PAYE T& Accruals 1723 624 Il4 684 2.347 798 Creditors: Amounts fallin2 dlle after more than One year 2026 2025 Deferred Creditors- Capital Grants (Note 10) 283,213 294,070 Page | 16
FOLNTAII¥ STREET co)L_lITy DEVELOPfvIENT ASSOCIATION io. Deferred Income- Capital Grants D.O.E DHSS Strabane District Council 2026 Total 2025 Total Opening Bal l86,071 81.000 eleased in yr {6.857) {3,000) 27,000 (1.000) 294,071 304,928 (10,857) {10,85n Det"erred in yr Closing Bal 179 214 IWOOO 3214 29407 ii. Taxatioll The charitable cotupany is exetnpt frovo cortx)rdtion on its charitable activities. 12. Related Party Transactions There we¥c no dis¢losable related party trdTrsactions during the year {2025 - £nil). Pagel 17
FOUNTAIN STREET Com[ur[y DETrILOPMEP*T ASSOCIATION Detalled Income &nd Expenditure A¢¢oullt Total Total 2D26 2025 Donations and gifts Use of faeiliiies and rental income Departmcnt for Communities Sisters of Mercy Educalion Ahority Long tem Youths Projects park Co-operation treland Keep Nl WHSCT Lottery Kathleen Graham Trust Derry and Strabane Distrith Council 19,767 13242 51,880 io,oiJ) 4.628 12,950 58.772 374 so 11 5.462 69,370 36,310 21,372 Defeed Income Released 10,857 10,857 257.598 178.323 2026 2025 Wages Training R&ies Insurance Light & Heat Repairs & Mainlenance Stationery Advertising Tel¢phon¢ Hire o>f Equipment Partnership Funding Activit). Expenses Legal and professional Accountancy Bank Charg¢s Charitable Donations Subscriptions Depreciation of freS aDd fittings Depreeiation 116.645 217 1.698 5.926 6.732 23,042 2,164 2.500 1,396 1,800 102.770 4.983 1,514 3,541 4.272 7,690 3,461 2,500 2,369 870 59,369 1.500 1,620 18,812 3,780 1,602 440 916 11.703 10,858 248.550 795 12.367 10,858 182.624 Other incorne- tnsurance Claim Surplusl(Deficit) for the year 3.420 (8811 9.048 Page | 18
FOUNTAIN STREET co[%L)ITy DEVELOPMENf ASSOCIATION Pagel 19