MAGHERA PARISH CARING ASSOCIATION
IA COMPANY LIMITED BY GUARANTEEI
TRUSTEES REPORT
Year ended 30 April 2024
TRUSTEES. ANNUAL REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT)
The Trustees who include the directors for the purposes of company law present their report and the
unaudited financial statements of the charity for the year ended 30 April 2024. The directors have
adopted the provisions of the Statement of Recommended Practice (SORP) ' Accounting and Reporting
by Charities" (FRS 102 Section 1 A ) in preparing the annual report and financial statements of the charity.
The financial statements have been prepared in accordance with the accounting policies set out in
notes to the financial statements and applicable accounting standards, Accounting and Reporting by
Charities
Statement of Recommended Practice applicable to charities preparing their accounts in
accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in
October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland
(FRS 102 Section IA), the charity's governing document, the Charities Act (Northern Ireland) 2008,
Charities Act (Northern Ireland) 2013, The Charities (Accounts and Reports) Regulations {Northern
Ireland) 2015, Companies Act 2006 and UK Generally Accepted Practice.
TRUSTEES OF THE CHARITY
The directors of the charitable company are its trustees for the purposes of charity law. The terms
"director" and "trustee" are used interchangeably throughout the financial statements. The trustees who
have served during the year were as follows:
Mr R Rainey
Ms M E Davidson
Ms E A Forde
Ms A Crooks
Mr S Richardson
Rev J Brown
Mr N Selfridge
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MAGHERA PARISH CARING ASSOCIATION
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES REPORT Icont'd)
Year ended 30 April 2024
REFERENCE AND ADMINISTRATIVE DETAILS
The registered name ofthe charity is Maghera Parish Caring Association, charity registration
number: NIC107852 and company registration number N1612431.
Principal office and registered
office
The Lurach Centre
15 Church Street
Maghera
BT46 SEA
The trustees
Mr R Rainey
Ms M E Davidson
Ms E A Forde
Ms A Crooks
Mr S Richardson
Rev J Brown
Mr N Selfridge
Independent examiner
John Barfoot F.C.C.A.
JSB Accountancy Ltd
8 Broad Street
Magherafelt
BT45 6EA
STRUCTURE AND MANAGEMENT
Governing Document
Maghera Parish Caring Association is a company limited by guarantee governed by its Memorandum
and Articles of Association. Maghera Pafish Caring Association is a registered charity with the Charty
Commission for Northern Ireland.
Management
The association is run by the directors of the company.
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MAGHERA PARISH CARING ASSOCIATION
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES REPORT Icont'd)
Year ended 30 April 2024
DESCRIPTION AND PURPOSE
The Executive Committee work with a number of volunteers in running of the Centre. They have worked
with Probation Board offering a facility for offenders to complete communty service. Mid Ulster District
council in various community outreach festivals also in a major project in refurbishing our Walled garden
(which has now been leased to MUDC)
ACTIVITIES AND OBJECTIVES
The main activity of the Association is to provide facilities for various groups to provide a variety of
community outreach activities. The association works with local community groups, statutory authorities.
voluntary groups, children's groups and private individuals, providing support for adults, children,
disabled, vulnerable people, in various activities.
The associations centre has a large hall, INO kitchens, a number of smaller rooms and offices. We have
two main groups, Woman's Aid & Sure Start who have permanent offices within the complex. The Hall
and rooms are used by all the community.
ACHIEVEMENTS AND PERFORMANCE
In the aftermath of the Covid Pandemic activities in the centre have continued to increase, and we are
nearly back to full capacity with old Groups restarting their activities along with new users to the centre.
The Association has run well supported community events such as Dancing Classes, Art Club, Childrens
Club, Vintage Rally, Concerts etc all have received cross community support.
PUBLIC BENEFIT STATEMENT
The Board of Maghera Parish Caring Association confirm that they have had due regard for the guidance
produced on public benefit by the Charity Commission for Northern Ireland, and are pleased to report
that during the year the charitable company has continued to provide public benefits through the
prograrnmes and services we offer. In particular, the directors consider how planned activities will
contribute to the aims and objectives they have set out.
FINANCIAL REVIEW
The charity returned an overall deficit of £15,481 {2023.- deficit £6,683} for the year.
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MAGHERA PARISH CARING ASSOCIATION
IA COMPANY LIMITED BY GUARANTEEI
TRUSTEES REPORT {cont'd)
Year ended 30 April 2024
Restricted funds showed a deficit of £17,077 (2023: deficit £15,043) while unrestricted funds has a
surplus of £1,596 (2023.. surplus £8,420). As at 30 April 2024, the charity has restricted funds carried
forward of £1,133,627 (2023: £1,150,704), while unrestricted funds remaining amounted to £41,395
(2023: £39,799). More detail is outlined in the Statement of Financial Activities.
GOING CONCERN
The activities of the charity is dependent on ongoing fundraising activrties. The Trustees are of the opinion
that the charity has sufficient resources at the date of approval of these financial statements to meet
commitments which will arise in the year from the date of signing this report.
RESERVES POLICY
Reserves are needed to bridge the timing gap be￿een spending and receiving of income and to cover
unplanned temporary shortfalls in income should they arise. Holding adequate reserves safeguards the
provision of our services in the event of unexpected significant financial pressures.
RESPONSIBILITIES IN RESPECT OF THE FINANCIAL STATEMENTS
The trustees (who are also the directors of Maghera Parish Caring Association for the purposes of
company law) are responsible for preparing the Directors ' Report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards {United Kingdom Generally
Accepted Accounting Practice).
Company law requires the directors to prepare financial statements for each financial year which give a
true and fair view of the state of affairs of the charitable company and of the incoming resources and
application of resources, including the income and expenditure, of the charitable company for that
period. In preparing these financial statements. the directors are required to..
select suitable accounting policies and then apply them consistently-,
obseNe the methods and principles in the Charities SORP 2019 {FRS 102}.
make judgements and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subsect to any material
departures disclosed and explained in the financial statements-, and
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue to operate.
The directors are responsible for keeping adequate accounting records that disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that
the financial statements comply with the Companies Act 2006, Charities Act (Northern Ireland) 2008
and Charities Act {Northern Ireland) 2013 and Charities (Accounts and Reports) Regulations (Northern
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MAGHERA PARISH CARING ASSOCIATION
IA COMPANY LIMITED BY GUARANTEEI
TRUSTEES REPORT {cont'd)
Year ended 30 April 2024
Ireland) 2015. They are also responsible for safeguarding the assets of the charitable company and
hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the charitable company and financial
information included on the charitable company's website. Legislation in the United Kingdom governing
the preparation and dissemination of financial statements may differ from legislation in other
jurisdictions.
RISK REVIEW
A review of major risks has been undertaken by the Trustees and systems and procedures implemented
to manage identified risks. The principal risks are in relation to the likelihood of reputation al damage
and financial risks associated with the expectation of ongoing financial support from funders. These
risks are mitigated by the Trustees regularly monitoring the various activities of the charity at stated
meetings and by reviewing available funding streams.
FUTURE PLANS
It is the Trustees, intention to develop the present activities of the charity in orderto continue to
support the refugee family to successfully integrate into our community. A marquee has been
purchased to enable the charity to run more outdoor events.
Disclosure of Information to Independent Examiner
So far as each of the directors in office atthe date of approval of these financial statements is aware..
there is no relevant audit information of which the charitable company's independent examiner
is unaware", and
they have taken all the steps that they ought to have taken as directors in order to
make themselves aware of any relevant information for the independent examination and to
establish that the charitable company's independent examiner is aware of that information.
Small Companies, Exemption
This report has been prepared in accordance with the special provisions relating to small companies
within Part 15 of the Companies Act 2006.
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MAGHERA PARISH CARING ASSOCIATION
{A COMPANY LIMITED BY GUARANTEE)
TRUSTEES REPORT Icont'dl
Year ended 30 April 2024
Independent Examiner
JSB Accountancy Ltd have indicated their willingness to remain in office and a resolution for their re-
election will be proposed at the forthcoming Annual General Meeting.
Approved by the trustees at a meeting on 2 8 d61n L40
and signed on its behalf by:
Mr R Rainey
Director & Trustee
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