Charlty Number: N1108841 Creggan Community Collective Accounts ror tbc year ended 31 MArch 2024
Creggan Conimunity Collective Contents Page Inforination Committee Report Indcpendent Ixaminers Report Statement of finaiicial Activities Balaiice slieet Notes to the accounts 7-10
Creggan Community Collective Information Charity Name Creggan Community Collective Charlty Number N1108841 Trustccs Jim Browne Gary Donnelly Sean Carr Buslness address 33E Cromore Gardens Creggan Derry BT48 9TF Accountants McGroarty Mccaffety & Company Ltd Accountants & T&x Consultants 2 Carlisle Terrace Derry BT48 6JX Bankers Santander 17 The Diainond Derry BT48 6HW Page I
Creggan Community Collective Report of The Management Committee The Management Cominittee present their report and the financial statements for the year ended 31 March 2024. Principal activity We cany out a wide range of activities, projects and services focusing on improving the well being, mental and physical hcalth of the wider cominunity, tackling issues relating to deprivation, the legacy of tlie conflict and iinproving good relations. Creggan is an area with a deep history of the conflict and Creggan Community Collective has been at the fore in ternis of looking to promote a positive image of the local area. This has included working with young people on an intergenerational basis who have been affected by the conflict on all sides. Our inembers are involved in welfare rights and liousing advocacy and environmental issues includiiig a cominunity garden and allotments. Management Committce Tlie Incmbers of tlie cliarity for the purposes of cliarity law and throughout this report are collectively referred to as the members. The Ineinbers serving during the year and since the year end were as follows: Jim Browne Gary Donnelly Seaij Carr Risk Management The members have SesSed the Inajor risks to whicli the association is exposed, in particular those related to the operations and finances of the association, and are satisfied that systems are in place to mitigate the exposure to the major risks, FinAncial review Thc finanoial p¢rforniance is summarised in the enclosed accounts. Members Responslbllfitles In Relation To The Financial Statements Tlie meinbers are responsible for preparing tlie Committee's Annual Report and the financial statements in accordance witli applicablc law and United Kingdom A¢countTng Standards (United Kingdom Generally Accepted Accountiiig Practice). Tlie law applicable to charities in Northern Ireland requires the members to prepare financial statements for eacli fiiiancial year wlii¢h give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, tlie members are required to: select suitable accounting policies and apply tliein consistently. observe Ilie Inetliods and principles in the Charities SORP 2019 (FRS 102); make judgemeiits and estiinates that are reasonable and prudent; state whetlier applicable accounting standards Iiave been followed, subject to any material departures disclosed aiid ¢.xplained in tlie financial statements. prepare the financial statements on the going concerii basis unless it is inappropriate to presume tliat the cliarity will continu¢ in business.
Creggan Community Collective Report of The Management Committee Cont'd... The members are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of tlie charity and enable them to ensure tliat the financial stateinents comply with tlie Cliarities Act (Nortliern Ireland) 2008, the Charities Regulations (Northern Ireland) 2015 and the provisions of tlie trust d¢¢d. They ar¢ also responsible for safeguarding the assets of the charity and hence for taking r¢asonable steps for the preventioii and detection of fraud and other irregularities. By Order of the Manageinent Committee.. Slgned by: Committee member Slgned by: Coniniittc¢ momber Date: 31 January 2025
Creggan Community Collective Independent Ei xaminer's report to the charity committee members of Creggan Community Collective We r¢port 011 tlie accounts of tlie charity for the year ended 31 March 2024, which are set out on pages 5 - 10. Respo¢tivo rosponsibilities of Churity committo¢ mombors and ox8mlner As tlie cliarity's meinbers you are responsible for the preparation of the accounts in accordance with the Cliarities Act (Nortliern Irelaiid) 2008. It is our responsibility to: exainine the accounts under Section 65 of the Charities Act; follow tlie procedures laid down in tl)e general Directioiis given by the Commission under Section 65(9) (b) of the Charities Act. state wl)etl)er particular matters liave coine to our attention. Basis of Independent examlner's report We have examined your charity accounts as required under Section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charity Commission for Nortliern Ireland under Section 65 (9)(b) of the Charities Act. Our exainination included a review of the accountiiig records kept by the charity and a coiiiparison of the accounts presented with those records. It also included considerations of any unusual items or disclosures in tlie accounts, and seekiiig cxplanation from you as cliarity members con¢¢rning any su¢h matters. Our role 1$ to state wliether any inaterial matters have come to our attention giving us cause to believe: l. That accounting records were not kept in ac¢ordan¢e with Section 63 of tli¢ Charities Act. 2. Tliat the accounts do not accord with those accounting records. 3. That tlie accounts do not comply witl) the a¢¢ounting requirements of the Charities Act. 4. That tli¢re is furtlier information needed for a proper understanding of the accounts to be reached. Independent Examlncr's Statomont We liave completed our examinatioii and have iio coiicerns in respect of tlie Inatters 1 4 listed above and, in connection witli tlie following Directions of the Charity Commission Northern Ireland; w¢ have found no matters that require drawing to your attention. McGroarty Mccafferty & Company Ltd Accountants and Tax Consultllnts 2 Carlislo Terraeo Derry N IrelAnd BT48 6JX Date: 31 January 2025 Page 4
Creggan Community Collective Statement of Financial Activities for the year ended 31 March 2024 Unrestricted Yunds Restricted Funds 2024 2023 Income and Expenditure Incoming Resources Grants Received Otlier Incoine & Donations 2,999 10,636 8,778 8,778 Total Inconilng Rosourees 8,778 8,778 13,635 Resources Expended Direct Charitable Expenditure Maiiageinent & Admiiiistration 1,319 9,973 1,319 9,973 1,338 9,534 Total Resources Expended 11,292 11,292 10,872 Net Incomlng l (Outgoing) Resources (2,514) (2,514) 2,763 Balances brouglit forward l April 2023 2,299 464 2,763 Balances carried forward 31 March 2024 (215) 464 249 2,763 The above amounts relate to contiiiuing operations of the association. The association lias no recognised gains and losses other than those included in the results above and therefore no separate statetnent of total recognised gains and losses been presented. The is no difference between the net incoming resources for the year stated above and their historical cost equivalents. Page 5
Creggan Community Collective Balance sheet as at 31 March 2024 2024 2023 Notes Fix¢d assets Tangible assets 449 449 Current assets Casli at bank aiid in liand 200 2,514 Current liabilities Accruals & Deferred Income 400 200 Net current (liabilities)lassets (200) 2,314 Total assets less current liabilitios 249 2,763 Funds Brouglit forward at l April 2023 Unrestricted Restricted (215) 464 2,299 464 249 2,763 We approve Ihese accounts and confirm that we liave made available all relevant records and inforniation for tlieir preparation. Member Member Date: 31st January 2025 Date: 31st January 2025 Page 6
Creggan Comniunity Collective Notes to the accounts for the year ended 31 March 2024 Accountlng polfieies Tlie principal accounting poli¢i¢s adopted in the preparation of the financial statements are set out below and have remained unclianged from tlie previous year, and also have been consistently applied within the saine accounts. 1.1. Accounting conventlon The accounts are prepared under the historical cost convention modified when necessary, and in compliance with the Charities SORP (FRS 102). 1.2. Tanglblc llxed assets and depreciation Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off tlic cost or valuatioii less residual value of eacl) asset over its expected useful life, as follows: Equipmcnt 15 % Straiglit Line Income (i) Grants Grants represeiits all ainouiits received and receivable during the year. Capital grants are released to the Statement of Financial Activities in tlie year in which they are received in lin¢ witli tli¢ Cliariti¢s SORP (FRS 102). Rcvcnue graiils are credited to the Statement of Financial Activities in the year they are received. (li) Donations & administration income. This comprises amounts received during the year. Expenditure (i) Direct Charitable Expenditure This represents all expenditure directly atlributable to charitable causes. (li) Management & Administration Tliis includes all other expenditure not directly allocated above and a portion of the overhead costs attributable to manageinent and administration. Page 7
Creggan Community Collective Notes to the accounts for the year ended 31 March 2024 2024 2023 Restricted Income Restricted Incoine 2,999 2,999 Unrostrietod Ineome Other income Unrestricted 8,778 10,636 8,778 10,636 Total Income 8,778 13,635 (i) Restrlcted fi unds Fui)d5 received which are earinarked by the Funder for specific purposes. Sucli purposes within the overall aiins of the organisation. (li) Unrestrlcted Funds Funds ivliich are expendable at the discretion of ihe association in furtherance of the aiins of the charity. In addition funds may be Iield in order to finance capital investment and working capital. Page 8
Creggan Community Collective Notes to the accounts for the year ended 31 March 2024 Rcsourccs Ei xpended Unrestricted Funds Restricted Funds Total 2024 Total 2023 Dircct Charitable Expendlture Project Costs 1,319 1,319 1,338 1,319 1,319 1,338 ManagemeDt & Admlnlstratlon Insurance Rent Post,Print,Stat & Advert Telephone & Interiiet Heat & Liglit Accountancy Fees Repairs & Maintenance Premises Cost Suiidries 348 5,400 975 1,268 1.621 200 66 95 348 5.400 975 1,268 1,621 200 66 95 5,400 89 965 2,126 200 84 670 9,973 9.973 9.534 Total Resources Expended 11,292 11,292 10,872 Taxation Creggan Community Collective is exempt from as it has charitable status. Page 9
Creggan Community Collective Notes to the accounts for the year ended 31 March 2024 Tangible assets Equlpment Total Cost At l April 2023 449 449 At 31 Marcli 2024 449 449 Net book values At 31 Marcli 2024 449 449 At 31 Marcli 2023 449 449 Creditors 2024 2023 Accruals & Dcfcrrcd income 400 200 400 200 Movcnionts in Funds At l April Incoming Outyoing 2023 resources resources Transfers At 31 March 2024 Restrlcted funds: Restricted funds 464 464 Total restricted funds 464 464 Unrestricted funds: General funds 2,299 8,778 (11,292) (215) Total unrestricted funds 2,299 8,778 (11,292) (215) 2,763 8,778 (11,292) 249 Purposes of Restrlctcd Funds Restricted grants aivarded to the charity is provided to cover the Core objects as explained in tlie members report. Page 10