Gallia8h Residents Assoclatlon Flnanclal Statements for the year ended 31st March 2024 Galllagh Resldents Association Contents poge Information p?ge Independent Exarniner'5 Report Members report Statement Df recelpts and payrnents statement of a55ets and Ilabilitles Galli3Eh Resldents Assoclation Information Commlltee Martln Connolly (Chalr) Cathal Mccauley fvlce Chalrl Tommle Mullan {Treasurer) Thomas Mccallion (Secretary) Brian fierney Aileen Mellon MDnlca Harkln BIIIY Gillesple Tummy Burke Brlan Clarke Patrlre Meehan Independont Examiner McGroorly. McC8fferty & Compeny Ltd Accountanis and Tax Consultants 2 C8rllslÈ TerrBce Dcrry N Ireland BT48 6JX Address Galllash ComThunlty Centra IA Falrvlew Road Dprry BT48 8NU Bankers AIB Meadowbenk Strand Road Derry BT48 7fN Charity Number NIC109036 Page I Gallia8h Residents Association Independcnt eiamlner's report to the charity rnembers of Gallla8h Rosidents Ass0¢i4tion We reporton the accounts of the charityforthe yearended 31 March 2024, whlch areset out on paEes 5t06. Respe¢tlve resp•nslbllltles of chbrlty moMber9 and èxamlner As the ch8ritVs rnombor5 you are re5ponslble forthe preparatlon of the accounts In accordance with the CharltlesAct (Northern Ireland) 2008. It Is our re5ponslbllltyto: examlne ihe accounr5 under SertlDn 65 of the Charitles A¢1; follow the procedures lald down In the gèneral dlrectlons glven bythe Comrnlsslon under Sertlon 65191 Ib} of the Charftles Acr; 5tatewhelher p3rtlcular maller5 have come lo our attontlon. Basts of Indepindent examiner's repgrl We h3ve oxamined your charity accounts as roqulred under Sectlon 65 of the Charltles Act and our e￿mInatIOn was carrlod out In ac¢ordan¢e wlth the sèneral dlrectlons Blven by tho Charity Commlsslon for Northern Irel¥nd und8r Settlon 65 {9llb) of the Ch4rltlts Act. Our examlnatlon Included 2 revlew of the aetountlng records kept by the charlty and a comparl$ort of the accounts pre5entEd wlth thosc records. It a150 Included con51der3tlon5 of 8ny unusual liems or disclogures In the accounts, and seeklrT8 explanailoTr from you B5 chBrlly member5 concernlng at)y such mattors, Our rolE to State whether 4ny maierlal matters have come to our attentlon glvlng us cause to b2lleve: l. That accountlng rccords weTe not kept In arcordanre wlth SEctloTr 63 of the char5tles Act. 2. That tho accounts do not accord wiih those accounting racard5. 3. That the accounts do not CDrnplywlth theaccountlng requlrements ofthe Charltles Act. 4. That there15 further Informatlon needed for a proper understandlng of tho accounts to be reached, Independent Examlner's Statement We have Completed ourexamlnaiion #nd have no concerns in respettofthe rngtters 1-4 listed above and, In coftnectlon wllh thè followln8 Dlre¢tiOrts of the Chartty Commission Northem Ireland: we have found no matter5 that requlre drawlng to your attentlon, Date............. McGroarty. Mccafferty & Company Ltd Acrguntvnt5 and Tax Cun5ulionts 2 Car11512 Terruce Derry N ItÈland BT48 6JX Page 2 Galliash Residents Association membe￿ report Thg Management Comrnliièè présent ihelr report and the fln?nclal steiements for the year ended 315t Mar¢h 2024. ObJoctTva5 and attl￿tIeS GRA ¢mpgwer5 local resldents 10 becom8 Plrt ofthelr re51dents a550clatlon and Influen deELrlon moklngat monthly m¢eifn8s etc, C4mfftunttycDn5ultatrons and 5urv¢ys wlll be a tool reBul3rty used to ÈnEaBe eesldents and In dolns so énablè the aSSOCiation to put on sèrvleès that me•t need, to look atsat18fartEon of 88Nlce5 and to ensvro we h?ve pro8rarnme thatcontrlbutes tg dev?loplnE the skllls, knowledge and confldqncR of re51dents through our educatlon, sodal, cultural and e¢onornic prosramme& TheAssoci8tion seeks to build on ind consolldète exlstln8 seTvlce5 ¥nd strurtures wi¢hln th¢ fj?111118h Re51dEnis Assoelatlon and user youps and to make Sure re5curceJ Ire net dup1T￿ted and wc idd value to local people's Itves In a meJnlnEful way, We ate focused on addrassini thè laek olmodem tommunty& recreatlonal Infrasiruciure within Outer North. Th4 naod for 8 vibrant Bnd dynlmlc re51dents 055odatlon Is 8vldoncèd by thè scale end level of s¢xlo.econi>mi< comrfiuntri and physlral d151dvankge experlenred by resld&nt Manazement Commlttoo The members ol thÈcharlty for the purposes uf tharlty lèw Jnd throuÉhout thlx report Br¢ ¢ollectlvely rcfcrred to oy tho mernber5. The momb&r55ervln£ duTlng Iheyear and 51nce the year end were as folbw: Martln Connolly Ichalrl athal Mccauley Ivlce Chalrl rommle Mullan trreasurer) Thomas Mccolllon ISe£reteryl Briart fiomey Alleen Mèllon Monlta Harkih 8illy Glllespie T(Jrnmy Burke Brlon clarke Patrlce Meehon Publ1¢ benents The dlre¢rb¢n¢lIts whlch flow fmm th• purpDse Include Bn Increaso In the numbir ol rosldttrtts p3rtltlpatln8 In developmental prograrnmas and acrt and thD flninclal 5titements In accordanee With ippli¢dblo law and Unlted Klngdorn Genirally Accepiod Acountlng Pra¢ilce, The law applkible to tharltlos In NorthLYn Irtland roqylr¢5tho mombers to propare the￿nancIal statemefitsthat glvèairue and falr view of thv stat? of affalrs oFthe Iharlry atthe end of th# nanclal year and of Its surplus or deflcjr forth? fln?nclal yeHr. In duln8 sa the members ara requlred to: - 5qlott sultable accovnrln8 pollcles and apply thom conslsteniiy; - observe methods and prlnciplu In thg ChorillesSOftP; - make lud8ements and osttmat4s thst 3r• r&ason3bl8 and pnjdenty. - prepBrt the financial Statéménts on thego5n8 concem basls unles5 It is inapproprSateto presume that the charfty wlll contlnue sn bu$ines5. 7ho mcmbors oro ro5ponslble for malntalnlnB proper accoUn￿n& rocords whlch dt&cltsse With reastsnable accur4cy at￿Y Ume the financlal p051tlon of the charity and enBbtes th•m to ensure thatthe firtancio13tatements comply wilh the n8¢8sJary leEislation.ThÈ members are Blso reJponsSble for safeouirdSnff th¢ O5SÈts of the charity and hence for taklng re4X*nablt srepsfor tho pr¢vonUon and dttectiofi offrBud end DtherTrregularTtIos, By Orderatth¢ ManaE¥ment Committee: Member Member Date: X8 I￿4￿t Pège4 GalliO8h ResiderttsAsw¢laiio Statemenrof Re¢elpts Payment5 far Ihfryearended 3tstMarch ZIIZ4 Unre5trfcled Hp5trfcto Funds Funds Tokal IOZ4 Total 20ZS Recclpts Clubs Lunche¢n* binBO & tea dance5 Pr¢B¢irhme rEnt 303 4,078 Aoo 945 3070 5360 4,078 SDO Communlty Foundetlon Gro4terSh4ntallow Araa Partn•rshlp DEA- R¢oFFund Nillonil LottoryAwaTds For All Dorry Clty &Strabane Dlstrtrt Caun¢ll Pollcln8 & Communlty &fety Partnorjhlp Venue Hlrt 5DOO 953 3800 99BO 2756 4815 3.200 3A5Q 5,200 3,3SO 22 31 Paymen FJdllthtors Phon& & Inteme Bank fcos Renr Reprylrj Water Tfansporl 8lns Toa Daneo wsts LvrKhcon a Blns?Cgsts Yoia l Therapy costs V4lunleqr Gllts Attourttsnw r￿uranCe Fuol Voutheri Entrnn¢e Fee5 Pruirarnm• Cost5 Hear & Ushi 552 369 202 2,S31 3.S95 228 342 291 894 56L) 202 4531 3,685 2025 931 931 7124 534 1,123 1.680 1,680 440 741 4408 790 1239 8954 8765 741 2,8 30 3GO 3GO 978 978 1226 1700 IJ28 3.559 114 3W9 4BI 1492 14,905 ,443 848 a7,819 Net Ricqlpts 1076 16,8931 15017) {&1361 Transfcrs tollfrornl fufids SuTrlus1l&ufkltl fortho y¢ar 16.1)3) 1S.817 1135 Reconciltatlon 3J.Q3.24 Cash ot banit & irt hafid 01.04.23 SurpluslldefiEitl thusye3rend shat bank & In hand 31.03.24 0376 1076 lQ452 5334 .6893 -559 15710 16846 -1136 15710 9893 PaEe 5 Galliagh Residents Assoclation 5taternent of assets and liabllltles for the year ended 31st March 2024 Unrestrltted Re5trl¢ted Funds Funds Yotal 2Q24 Funds Rqconclllatlon Cash 8t bank & in hand 01.04.23 9,376 6,334 15,710 Surplus/(deftcltl thus yoar end 1,076 15,817) Cash at bank & In hand 31.03,24 10,452 559 9,893 Bank & Cash Balance5 Bank current account 9,89a 9,899 Approved by the membors and slsned on thelr behalf by: Member Momber Date: Pa8e 6