MAGHERA PARISH CARING ASSOCIATION (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT Year ended 30 April 2025
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 2025. The directors have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities " (FRS | 02 Section 1A) 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 accordance 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 EA Forde Ms A Crooks Mr S Richardson RevJ Brown Mr N Selfridge
4|Page
MAGHERA PARISH CARING ASSOCIATION (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT (cont’d) Year ended 30 April 2025
REFERENCE AND ADMINISTRATIVE DETAILS
The registered name of the charity is Maghera Parish Caring Association, charity registration number: NIC107852 and company registration number NI612431
Principal office and registered The Lurach Centre office 15 Church Street Maghera BT46 5EA
The trustees
Mr R Rainey Ms M E Davidson Ms EA Forde Ms A Crooks Mr S Richardson RevJ Brown Mr N Selfridge
Independent examiner
James Gilmour F.C.A. 25, High St, Carrickfergus, Co. Antrim, BT38 7AN
STRUCTURE AND MANAGEMENT
Governing Document
Maghera Parish Caring Association is a company limited by guarantee governed by its Memorandum and Articles of Association. Maghera Parish Caring Association is a registered charity with the Charity Commission for Northern Ireland.
Management
The association is run by the directors of the company.
5|Page
MAGHERA PARISH CARING ASSOCIATION (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT (cont’d) Year ended 30 April 2025
DESCRIPTION AND PURPOSE
The Executive Committee work with a number of volunteers in running of the Centre. They have worked with Probation Board offeringa facility for offenders to complete community service, and 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, two kitchens, a number of smaller rooms and offices. We have two main groups, Woman’s Aid and 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, Children’s Club, Vintage Rally and 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 programmes 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 £11,497 (2024: deficit £15,481) for the year.
6|Page
MAGHERA PARISH CARING ASSOCIATION (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT (cont’d) Year ended 30 April 2025
Restricted funds showeda deficit of £19,947 (2024: deficit £17,077) while unrestricted funds have a surplus of £8,450 (2024: surplus £1,596). As at 30 April 2025, the charity has restricted funds carried forward of £1,113,680 (2024: £1,133,627), while unrestricted funds remaining amounted to £49,845 (2024: £41,395). More detail is outlined in the Statement of Financial Activities.
GOING CONCERN
The activities of the charity are dependent on ongoing fundraising activities. 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 between 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 viewofthe 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:
-
e select suitable accounting policies and then apply them consistently; e observe the methods and principles in the Charities SORP 2019 (FRS | 02); e make judgements and accounting estimates that are reasonable and prudent; e state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
e 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
7|Page
MAGHERA PARISH CARING ASSOCIATION
(A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT (cont’d) Year ended 30 April 2025
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 reputational 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 order to 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 at the date of approval of these financial statements is aware:
-
e there is no relevant audit information of which the charitable company's independent examiner is unaware; and
-
e 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 .
8|Page
MAGHERA PARISH CARING ASSOCIATION (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT (cont’d) Year ended 30 April 2025
Independent Examiner
James Gilmour FCA has indicated his willingness to remain in office and a resolution for his re-election will be proposed at the forthcoming Annual General Meeting.
Approved by the trustees at a meeting on 27" January, 2026 and signed on its behalf by:
Osu D ty MrR Rainey Director & Trustee
9|Page