Galliagh Residents Association
Financial Statements
for the year ended 3ist March 2025
Galliagh Residents Association
Contents
| Page | |
|---|---|
| Information page | 1 |
| Independent Examiner's Report | 2 |
| Members report | 3-4 |
| Statement of receiptsand payments | 5 |
| Statementofassetsandliabilities | 6 |
Galliagh Residents Association
Information
| Committee | Martin Connolly (Chair) |
|---|---|
| Cathal McCauley (Vice Chair} | |
| Tommie Mullan (Treasurer) | |
| Thomas McCallion (Secretary) | |
| BrianTierney | |
| Aileen Mellon | |
| Monica Harkin | |
| Billy Gillespie | |
| Isabel Mullan | |
| Tommy Burke | |
| Brian Clarke | |
| Patrice Meehan | |
| Independent Examiner | McGroarty, McCafferty&Company Ltd |
| Accountants and Tax Consultants | |
| 2 Carlisle Terrace | |
| Derry | |
| N Ireland | |
| BT48 6X | |
| Address | Galliagh CommunityCentre |
| 1A Fairview Road | |
| Derry | |
| BT48 8NU | |
| Bankers | AIB |
| Meadowbank | |
| Strand Road | |
| Derry | |
| BT48 7TN | |
| CharityNumber | NIC109036 |
Page 1
Galliagh Residents Association
Independent examiner's report to the charity members of Galliagh Residents Association
We report on the accounts of the charity for the year ended 31 March 2025, which are set out on pages
5 to 6.
Respective responsibilities of charity members and examiner
As the charity’s members you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008.
It is our responsibility to:
-
examine the accounts under Section 65 of the Charities Act; - follow the procedures laid down in the general directions given by the Cammission under Section 65(9) (b) of the Charities Act;
-
state whether particular matters have come to our attention.
Basis of Independent examiner'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 Northern treland under Section 65 (3}(b) of the Charities Act.
Our examination Included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included considerations of any unusual items or disclosures in the accounts, and seeking explanation from you as charity members concerning any such matters. 3
Our role is to state whether any material matters have come to our attention giving us cause to believe:
- That accounting records were not kept in accordance with Section 63 of the Charities Act. 2. That the accounts do not accord with those accounting records. 3. That the accounts do not comply with the accounting requirements of the Charities Act. 4, That there is further information needed far a proper understanding of the accounts to be reached, :
Independent Examiner's Statement
We have completed our examination and have no concerns in respect of the matters 1 - 4 listed above and, in connection with the follawing Directions of the Charity Commission Northern Ireland; we have found no matters that require drawing to your attention.
MeGmeoriyrrcellatsGesireMcGroarty, MtCafferty& Company Ltd pate GIS Accountants and Tax Consultants 2 Carlisfe Terrace Derry N Ireland BT48 6IX
Page 2
Galliagh Residents Association
Members report
The Management Committee present their report and the financial staternents far the year ended 31st March 2025.
Objectives and activities
GRA empowers local residents to become part of their residents association and influence decision making at monthly meetings etc. Community consultations and surveys will be a teol regularly used to engage residents and in daing so enable the association ta put on services that meet need, to look at satisfaction of services and to ensure we have a programme that contributes to developing the skills, knowledge and confidence of residents through our education, social, cultural and economic programmes. The Association seeks to build on and consolidate existing services and structures within the Galliagh Residents Association and user groups and to make sure resources are not duplicated and we add value to local people’s lives ina meaningful way. We are focused on addressing the tack of modern community & recreational infrastructure within Outer North. The need for a vibrant and dynamic residents association is evidenced by the scale and level of socio-economic, community and physical disadvantage experienced by residents.
Management Committee
The members of the charity for the purposes of charity law and throughout this report are collectively referred to as the members.
The members serving during the year and since the year end were as follows:
Martin Connolly (Chair) Moniea Harkin Cathal McCauley (Vice Chair} Billy Gillespie Tommie Mullan (Treasurer) Isabel Mullan Thomas MeCallion (Secretary) Tornmy Burke Brian Tierney Brian Clarke Aileen Mellon Patrice Meehan
Public benefits
The direct benefits which flow from the purpose include an increase in the number of residents participating in developmental pragrammes and activities, resulting in reduced social exclusion; increased participation in community activities; increased resident resilience; empowerment of residents; leading to Increased participation in the community; increased self-worth, self-confidence and self-esteem, leading to reduced negative behaviours. These benefits are evidenced through our annual reports; participant evaluations; staff evaluations; our six month reports and through community feedback through voluntary and statutory organisations. The benefits outweigh any potential harm. To mediate agalnst any potential harm the organisation ensures that all the organisations policies are adhere ta including; health and safety procedures; risk assessments are carried out in advance; staff are qualified in first-aid and have completed child protection tralning and the organisation has 2 named child protection officers. Any external hired service providers have also all the required health and safety and child protection requirements. The Benefit is for all jocal residents regardless of age. A private benefit ta our volunteers may arise from our programme of ongoing training in first-aid; child protection; youth work etc. Through this training volunteers gain skills and experience and qualifications which are transferable ta other settings. These benefits are incidental and necessary to ensure the benefit is provided to our beneficiaries
Page 3
Galliagh Residents Association
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Members report
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Continued.......
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Risk Management
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The members have assessed the major risks to which the organisation 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.
Financia) review
The financial performance is summarised in the enclosed accounts.
Members Responsibilities [n Relation To The Financial Statements
The members are respensible for preparing the annual report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Acounting Practice.
The law applicable to charities in Northern Iretand requires the members to prepare the financial statements that give atrue and fair view of the state of affairs of the charity at the end of the financial year and of its surplus or deficit for the financial year, In doing so the members are required ta:
- select suitable accounting policies and apply them consistently; - observe methods and principles In the Charities SORP; - make judgements and estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it Is inappropriate to presume that the charity will continue in business. The members are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the necessary legislation.The members are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. By Order of the Management Committee: wants. CasetSh ' Member.Chena. \ ( ay Date: (WIKI\2S nl[bl2s
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Pape 4
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Galliagh Residents Association
Statement of Receipts and Payments for the year ended 31st March 2025
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||||||||||
|---|---|---|---|---|---|---|---|---|
|Unrestricted|Restricted|Total|Total|
|Funds|Funds|2025|2024|
|£|£|£|£|
|Recelpts|
|Voluntary|Receipts|
|Clubs/Therapy &|Programmes|890|-|890|303|
|Luncheon,|bingo & tea|dances|5,843|-|5,843|4,078|
|Programme rent|585|-|585|800|
|From Charitable|Activities|
|Greater|Shantallow Area Partnership|-|5,000|5,000|-|
|National|Lottery Awards For All|.|19,800|15,800|-|
|Derry City & Strabane|District|Council|-|800|800|3,200|
|Palicing & Cammunity Safety|Partnership|-|-|-|3,350|
|Venue|Hire|10,120|-|10,120|10,800|
|Payments|
|Facilitators|1,528|310|1838|894|
|Phone &|internet|660|-|660|660|
|Bank|fees|216|-|216|202|
|Rent|3,165|a|3,165|2,531|
|Repairs|1,670|-|1,670|3,685|
|Water|648|1,000|1,648|1,351|
|Transport|130|2,860|2,990|1,680|
|Bins|83|-|83|440|
|Tea|Dance|costs|-|-|-|741|
|Luncheon &|Bingo Costs|2,675|-|2,675|8,408|
|Venue|hire|-|600|600|-|
|Vealunteer|Gifts|110|-|110|so|
|Accountancy|360|-|360|360|
|insurance|40|1,000|1,040|978|
|Entrance|Fees|787|2,178|2,965|1,328|
|Programme|Costs|6,695|1,704|$399|3,559|
|Heat &|Light|444|242|686|1,481|
|19,211|9,894|29,105|28,348|
|Net|Recelpts|(1,773)|15,706|23,933|(5,817}|
|Transfers|to/{from)|funds|-|-|
|Surplus/|(deficit) for the year|(L773)|15,706|13,933|(5,817}|
|Reconciliation|33.03,25|
|Cash|at|bank & in|hand|01.04,24|10,452|(559)|9,893|15,710|
|Surplus/{deficit)|thus year end|{1,773}|15,706|13,533|(5,817)|
|Cash|at bank &in hand|31.03.25|8,679|15,147|23,826|9,893|
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Page 5
Galliagh Residents Association Statement of assets and liabilities for the year ended 31st March 2025
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| Funds | Funds | 2025 | ||
| £ | £ | £ | ||
| Funds Reconciliation | ||||
| Cash at bank& in hand 01.04.24 | 10,452 | - | 559 | 9,893 |
| Surplus/(deficit} thusyearend | {1,773} | 15,706 | 13,933 | |
| Cash at bank&inhand 31.03.25 | 8,679 | 15,147 | 23,826 | |
| Bank& Cash Balances | ||||
| Bankcurrentaccount | 23,826 | |||
| 23,826 | ||||
| Approved bythemembers and signedon theirbehalfby: | by: | |||
| Member beCoD \ ‘ Date: WEIS |
summer “Coona-hiC | Ny Wleles |
Approved by the members and signed on their behalf by:
Page 6