PRS Patton Rainey I Stenson Limited CWARTERED ACCOUNTANTS & riEGISTETrED AUDITORS REGISTERED COMPANY NUMBER= N1692476 (Northern Irel#ndl REGISTERED C14ARITY NUMBER.. 1091)4 RLPOKT OF THE TRUSTEES AND VNAUDITED FINANCIAL STATEMEIYTS FOR THE Y£4 AR INDED 31 DECEMBER 2025 FOR MALLARD COMMUNITY CHARITABLF. HUB LIMITED Patton Rainey Stenson Limiied Chanered Accounianis 6 Easi Bridge Sii'eei Enniskillen Co. Fcmiaiia(Th BT74 7BT CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers R¢isi¥f$d locairyout3udit work aDd rtrwlateJ f¢r¥ r¥fig* ol Inv&¥m8M tw$ifhèS8 actKdtg In Ih& Umiied d0M by Ihe Insiitukolchangred Accountan15 in treland
MALLARDCOMMUNITY CHARITABLE HUB LIMITED CONTENTS OF TFIE FINANCIAL STATEMENTS for the Year Elided 31 DECEMBER 2025 Pgge Report of tlie Trustees Indepeiident Examiiier'5 Report Statement of Finarteial Aetivities Balanee Sheet Notes to the Financial Statements 8 10 13
MALLARD COMMUNITY CHARITABLE HUB LIMITED REGISTERED NUMBER: N1692476 RF.POIIT OF THE TRUSTEES (or the Year Ended 31 DCCC4 MBER 2025 The irusiees who are also director5 gf the charity foi the purposes of ihe Companie5 Act 2006. present their report with tlie financial 5tateinents of ihe chariiy foi. tlic year ended i l December 2025. The trustees have adopted Ehe provision5 of Accoiiiiting and Reporting by Chariiies." Staieinent of Recotninended Practice applicable lo charitie5 preparing iheir accouiits iii accordance witli the Financial Repoi1in¥ Staiidard applicable iii the UK and Republic of Ircland (FRS 1021 (effective l January 2019). OBJECTIVES AND ACTIVITIES Ohjectives and aims The aim of the Mallard Community Charitable Hub Ltd is to improve the spiritual, einoiioiial, mental and pliy5ical well-being of people who live in ihe Balliiiarnallard, TrTrllick and surrounding areas. It aitns io provide a coffee shop aiid mccting rooms which will enable Ihe charity to spread the piinciples of the Christian faith and raise awareness and understanding of Cliristian beliefs and practices. The provision of a inuch needed coffee shop aiid otTice space will assist in generating a community spirit and reoeneraiion of community intercgnneciions. Objectives.. The advanceinent of religion in accordanc£ with the ethos of the Methodist Church in Irel8nd, ils current manual of laws aiid Christian values, including bui not limired to spreading the principles of ihe Christian faith and Taise awareness and understanding of Christian beliefs and practice5. The prevention 01 relief of poverty. provide money mana(pem¢nt and debt coun5¢11ing advice to those in poverty or at risk of suffering poverty. Provide food io those wlio are in need by tneans of a food bank. The advanceinent of education. The advancenieni of health or ihe saviiig of lives. The advanceinent of citizenship or coininunily developmenL proniote Urban regeneration and promote social inclusion. The advancemeni of the arts. culture, heritage, or sciente. The relief of those in need. Significant activities The Charity successfully secured sufficient funding through community participation fundraising initiatives and successful applili0S to funding agencies and grant-awarding bodies. This suppon ¢nabled the purchase and full renovation of a previously deielicl property. Phase l of the Projeci has now been completed, with the coffee shop fully operational, and the office spaces renovated and fully occupied. The building is now actively serving as a vibTaiit and well-used hub for community evenis and gatherings. The coffee shop employs iwo members of staff oli near full-lirtle hours132.5 liours and 29.5 hour5 per weekl and four part-tiine JiieTnbers of ltaff. This coniributes positively to local einploymeni. The office spaces are fully tsccupied and accoininodate providers deliveiing educaiioiial and recreatioiial service5. The income generated sUPPOrts the ongoing sustainability of tl)e project. Iii addition 10 Its cominercial fuiiclion, the preiiii5es includes a dedicated coininunity space which has already been used by a range of groups, including PSNI Drop-ln sessions, hot de5kitLg, efdft aciiviiies, and consultancy clinics. Building on the success of Phase I, the Chariiy now hopes to proceed with plan5 for Phase 2 of the Project. This next stage will focus on the development of a large, dedicdted community room designed to accommodate a wider range of acrivitl¢s, ¢v¢nts and programmes. Tlie additional space will further enhance ihe Charity's capacity to SUPPOrt local oroups. expand community engag¢m¢nt, and Sirenothen Ihe long-term itiipact and sustasnabiliiy of the ove1?11 project Page I
MALLARD COMMUNITY CHARITABLE HUB LIMITED REPORT THE TRUSTEES for the Year Ended 31 DECEMBER 202 OBJECTIVES AND ACTIVITIES Public benefit The Lharity seeks to ensure the Public benefit requirement is achieved by ensuring the Coffee Shop is open to all in the community, the office space will be available to all io reni and the future services provided will be available to all the ommunity. It further highlights that- The project will be of significant benefit to the community. This r]rst neutral Cornmunity space in the area will provide a strong focal point for the community to socialise ity access opportunities and services in a warni and positive environment. All profits generated will be ploughed back into Mallard Conununity Charttable Hub, creating additional opportunities to run activities and events. The project will contribute ¢0 8ddressing an imponant issue of derelic(ion in the area by transforrning empty buildings into a vibrant community Hub wel¢oming to all. Empty properties have attraeted anti-social behaviour, this initiative will ensure young people have a safe place to go with opportunities to participate in a range of wsitive a¢tivitie5, reducing anti-social behaviour in the area. The provision of a Café, meeting rooms and offjee units promotes social ¢ohesioty social inclusion and comrnunity regeneration. The building facilitstes essential, accessible support activities and services for local people. Opportunities to acces5 education. health¢are and COTJne¢t with family. friends and the local community improves community cohesiveness, health outcomes. employm¢nt outcomes, reduce the of social setvices and impa¢t positively on economi¢ growth in the area. This project has created a social and Comunity fal point for the entire community. As well as improving the aesthetic appearance of the village. it has increased community spiriL increased access io services and opportunities for resid¢nts. It has also created employm¢nt and potentially will stimulate other investment in the village. The trusiees have regard to the Charity Commisson's guidance on public benefit. FINANCIAL REVIEW Financial Pcrformance During the year to ? 1st December 2025 the charity made an operating105s of £518,26? .(2024: £313.438 surplus)- Re5¢1 ves policy It is the Fglicy of ihe Charity that reserves that have not been designated for a specific purpose should be maitltained at a level equivalent to b¥Nreen 1 2 months expenditure. The charity consider5 ihat r¢servra at this level will ensure ihaL in the even& of a significant dTOP in ndIn& they will be able to eontintie some activities but on a 50tne ihat reduced scale. STRiJCTURE, GOVERJ4ANCE AND MANAGEMEf4T Governing docurneTht The charity is controlled * its goveming document. its Mernorandum and Arti¢lp.s of Assoc¥4tion and is constituted as a limited company_ limited by guarantee, a5 def]ned by the Companies Act 2006. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number N1692476 (North¢rn Ireland) R*vistered Charity uMber 109154 Registered office 67 Main Street linatnalb.rd Co. Fernjanagh BT94 2FZ Page 2
MALLARD COMMUNITY CHARITABLE HUB LIMITED RECISTERED NUMBER.. N1692476 RF.PORT OF THE TRUSTEES for thc Year Ended 31 DC4 CEMIIF.R Z025 Trustees Mi'5 M Brunt (resigned 31.7.251 MrBRKeys Mis J R Keys Rev J Beacoin MTS H Williams (resigned 31.7.251 Mrs L Noble Mr C Martin Iresigiied 21.1.251 Mrs C Campbell Company Secretary Mr C Martin liidependent Examiner Tliomas S Patton FCA Patton Rainey Sten50n Limited Chartered Accountaiits 6 East Bridge Sireei Co. Fermanagh BT74 7BT Approved by order of the board of truslees on 2 March 2026 and Signed on its behalf by.. Rev J Beacom - Trustee Page i
PRS Patton Rainey I Stenson Limited CFIAPTERED ACCOUNTANTS S REGISTEREO AUOIYORS INDEPEI NDENT EXAMINER'S REPORT TO THE TRUSTCI ES OF MALLARD CO,MMUNITY CHARITABLE HUB LIMITED I report on ihe accounts of ihe company for the yeai to J l Decetnber 2025, which are sei out on pages five to Ihineen. Respective responsibilities of charity trustees aAd examiner As the charily's trustees (and also the direciors for the purposes of company lawl you are responsible for the preparaiion of the accounts in accordance with Ihe requii"ements of the Compantes Act 2006. l-lavijig satisfied tnyself that tlie chariry is not subjeci io audit under coinpany law and is eligible for independeni exaniination, li is my responsibility 10-. exainine the account5 under Section 65 of the Charities Act follow the procedures laid down in the general Directions given by Ihe Chariry Comtnission for Northern Ireland under Section 65{91(b) of the Chariiies Act siaie whether particular tnallers have conie 10 my attention. Basis ol tlie independ¢nt examiner's report I have examiiied youi Lharity accounts as required under Section 65 of the Charities Aci and my examinaiion was carried out in a¢¢ordance with the geiieral Directions Diven by the Charity Cotntn15sion for Northem Ireland under Section 65{91{b) of the Charities Act. The exainination included a review ol Ihe accountiiig ie¢ord5 kept by Ilie chai'iiy and a compai'ison of the accounts piesenied with tliose records. li also included Consideration of any unusual items or disclosures in the accounis. and seeking explanaiions from you as charity Iiusiees conceming any such tnatLers. My role is io state wheiher any tnaterial matiers have come to my aitention givino me cause to believe.. l. I'hai accounting records were Dot kept in accordance with Section J86 of the Cotnpanies Act 2006 2. That the accounis do not accord with Ih05e aecounling ie¢ords 3 That the accounis do not comply with the accounting requirements of Seciion 396 of the Companies Act 2006 and witli tlie Inethods and principles of Ihe Charilies Siateinenl of Recominended Praciice applieable 10 charilies prepariii¥ their accounts in accordance with ihe Financial Reporting Standard applicable in ihe UK and Republic of Ireland 4. That there is further infomation needed for a proper undersiandins of the accounts to be reached. Iiidependent examiner's statetnent Since youi. charity's gTOSS ircome exceeded £250,000 your examiner musl be a member of a Iisred body. I can Confirm Ihat l ani qualifjed to undertake the cxatninaiion because l am a membei. OF tlie Insiilute of Cliartered Accountants in Ireland wliich is one of tlie lisied bodies. I have completed iny exainination and have no concerns in respect of the mattel's {11 to 14) listed above and, in connection with following the Directions of the Chariry COniSsion for Northern Ireland, 5 have found iio tnatters Ihat require drawing io your attention. Thomas S Patton FCA The 12. Patton Rainey Stenson Limited 6 East Bridge Sireei E[l$kIlle Co. Fernianagh BT74 7BT 2 Nlarch 2026 CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisors Regi¥tered toc4rryoul audit work and k)r a rawe d investment bUSe$S adivities In the Vniied Kiwdom tylh& Inslilule ol CharteredAccounlants in Ireland
MALLARD COMMUNITY CHARITABLE HUB LIMITED STATF.MCNT OF FINANCIAL ACTIVITIES ror the Year Eiide(131 DECEMBER 2025 31.12.25 Total funds 31.12.24 Total funds Unrestricted fund Restricted fund Notes INCOME AND ENDOWMENTS FROM Donatioiis and legaci¢s 68,136 7,694 75,830 314,874 Charitable activities Chariiable dctiviiies 5,431 5.431 Other Irading activities Otlier income 78,656 3,829 3,829 8.102 Total 156,052 7.694 163,746 322,976 EXPF.NDITURE ON Raisiiig fund5 I IS,882 I IS,882 Charitable activities Charitable activities 17,347 548,779 566,126 9,538 Total 133,229 548,779 682,008 9,538 NET INCOMEI{EXPENDITURE} 22,823 (S41,085) (Sl 8,2621 313.4i8 RECONCILIATION OF FUNDS Total funds brought forward 3S,356 582,335 617,691 304,253 TOTAL FUNDS CARRIED FORWARD 58,179 41,250 99,429 617,691 The notes form part of these financial statejnents Page 5
MALLARD COMMUNITY CHARITABLE HUB LIMITED REGISTERED NUMBER.. N1692476 BALANCE SHEET 31 DECEMBER 2025 31.12.2S Total funds 31.12.24 Tothl funds Unrestricted fund Restricted lund Notes FIXED ASSF.TS Tangible assets 141,124 141,124 58i.982 CURRENT ASSETS Stocks Cash at bank 1,230 59,224 1,230 59.224 112,409 60,454 60.454 112.409 CREDITORS Ainounts falling due withiii one year (2,2751 (41.5111 (43,786) 113,122) NET CURRENT ASSETS S8,179 (41,511) 16,668 99,287 TOTAL ASSETS LESS CURRENT LIABILITIES 58,179 99,613 157.792 683,269 CRF.DITORS Amoutlts fallints due after more rhan one year (58,363) (58,363) (65.578) NET ASSETS 58.179 41,250 99,429 617,691 FUNDS Unrestricted funds Restiictrd funds 58,179 41,250 35,356 582,335 TOTAL FUNDS 99,429 617.691 The cliaritable coinpany is entitled to exemption from audit under Section 477 of the Companies Act 2006 for th¢ year ended 31 December 2025. The members liave not required the company to obtain an audit of its financial statements for the ye8r ended 31 Decemb¢r 2025 in accordance with Section 476 of the Conipanie5 Act 2006. The trustees acknowledge theTr responsibilities for (a) ensuriiig that the chai'itable cofflpany keeps accounting records that comply with Sections 386 and 387 of th¢ Companies Act 2006 and preparing financial s¢atemetits which gtve a true and fair view of the state of affasrs of the charitable company as ai the end of each financial year and of its suiplus or deficii for ea¢h financial year in accordance with the requirenients of Sections 394 and i95 and which otherwise comply wilh the requirements of the Compaiiies Act 2006 relating to financial stateinents, so Far as applicable lo the charitable company. {b) The noteg fomi part of ihese financial staiements Page 6 ¢oniinued...
MALLARD COMMUNITY CHARITABLE HUB LIMITED REGISTERED NUMBER: N1692476 riALANCV. 8HEET- continued 31 DCCEMIIER 2025 These financial statements have beeii prepared in accordance with tlie provisions applicable to charitable companies subjeci to the small companies regiine. The financial statements were approved by ihe Board of Trustees and authori5ed for issue on 2 Marth 2026 and were signed on it5 behalf by.. Mrs L Noble- Trusree Rev J Beacom- Trustee The notes forni part of these financial statements Page 7
MALLARD COMMUNITY CHARITABLE HUII LIMITED NOTES TO THF. FINANCIAL STATEMENTS for the I'e3r Ended 31 DECEM BER 2025 ACCOUNTING POLICIES Basis of preparing the finan¢i21 st21ements Tlie fiiiaTicial statements of the chariiable ¢oinpany, which is a public benefit cntiti, under FRS 102, have been prepared in accordance with the Cliaritie5 SORP (FRS 10?) 'AcLounling and Reporting by Charities.. Stateinent of Recomiiieiided Practice applicable to cliarilies preparin8 their accounts in aLcordan¢e wilh rhe Financial Reporiing Standard applicable in the UK and Republic of Ireland {FRS 1021 (effective l January 20191,, Financial Reporting Stsndard 10? 'The Financial Reporiiiig Standard applicable in the UK aiid Republic of Irelaiid, and the Companie5 Act 2006. The ftnancial statements have been prepared under the hisiorical cost onveiitioii. Incom¢ All incoine is recognised in ihe Statement of Financial Activitie5 OTice the charity has entitlement to the funds. li is probable ihat the income will be received and the amount can be measured reliably. Expcnditure Liabilities are recognised as expenditure as soon as ihere is a legal or constructive obligation committing the charity to that expenditllr¢, it is probable tliat a transfer of economic benefits will be required in setilemenl and the amouni of the obligaiion can be measured rcliably. Expenditure 55 accounted for on an accruals basis and has been classified under heading5 that aggregaie all cos¢ relaied to the ¢at¢gory. Where costs cannot be directly attributed to particular heading5 they have been allocated 10 activities on a basis consistent with the Use of reSOue$. Tangible fixed a55ets Depreciation is provided at the following annual rates iii ordei. to write off each a5sei over its estiinated useful Leasehold Property Plani and Equipmei)t Fixtures and Fiiiings Straight line over 23 years 2/0 on r¢du¢ing balaiice 200/0 on reducing balance Stocks Stocks are valued at the lower of Cost and net realisable value. after making due allowance for tsbsolete and slow oving items. Taxatio The charity is exempt from corporation tax on it5 chaTltable aetiyities. Fund aceoumting Unrestricted funds can be used in accordance with the cliaritable objectives at the discreiion of the trustees. Restricted funds can only be used for particular resiricted purposes within the objects of the charity. Restrictions alj5e when specified by the doiioi 01 when funds are i"aised for particular restricied purposes. Furtlier explanation of the nature and purpose of each fund is included in the thotes to the financial s(einentS. Pension eosls and other post-retiretnent benefits The charitable company operates a defined contribution pension scheme. Contribuiions payable io the charitable company's pension scheme are charged io tlie Statement of Financial Activities in the [lod to which they relate. Page 8 continued...
MALLARD COMMUNITY CHARITABLE HUB LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 DECLMBER 2025 OTHER TRADING ACTIVITIES 31.12.25 31.12.24 Café Sales 78,656 NET INCOME/{EXPENDITURE) Net incoine/{expenditllre) is slated after charsingl(creditingl'. 31.12.25 31.12.24 Depreciation - owned assets 15,630 TRUSTEES, REMUNERATION AND BENEFITS There were no tTUStee5' remuneration or other benefits for the year ended i l December 2025 nor for the year ended 31 December 2024. Trustees, expense5 TheTe were no trustees, expeiises paid for the year ended 31 December 2025 nor for the year ended 31 Decembei. 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES UnTe5tiicted fund Res¢ricied fund 1.otal funds INCOME AND ENDOWMENTS FROM Donations and legacies 22,376 292.498 314,874 Other income 8.102 8,102 Total 30.478 292,498 i22,976 EXPENDITURE ON Charitable activities Chariiable aciivities 7,616 1,922 9.538 NET INCOME Tr8nsfers between funds 22,862 (80,000) 290.576 80.000 313,438 Net movement in funds (57.138) 370,576 313.438 RECONCILIATION OF FUNDS Total funds brought forward 92.494 211.759 304,253 TOTAL FUIYDS CARRIED FORWARD 35,356 582.335 617.691 Page 9 continued...
MALLARD COMMUNITY CHARITABLE HUB LIMITED NOTES TO THF. FINANCIAL STATEMENTS- conlhnued for tlie Year Elided 31 DECEM BF.R 2025 TANGIBLE FIXED ASSETS Fixiures and Long leasehold Equipineiii Totals At l January 2025 Additions Grant Receipts 580,477 64,81)0 (544,837) 3,SOS 15J21 13,942) 583,982 121,551 (548.779) 41,430 At ) l December 2025 IIN),440 41.430 14,884 156,754 DEPRECIATION e for year 4,367 8,286 2,977 IS,630 NET BOOK VALUE Ai ) l Decetnber 2025 96.073 33,144 11,907 141,124 At 31 December 2024 580,477 3,505 583,982 STOCKS 31.12.25 31.12.24 Stocks ,230 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.25 31.12.24 Bank 108ns and overdrafts (see noie l O} Trade Creditors Accrued expenses 41,511 1.200 1,075 11,922 1.200 43,786 Page 10 continued...
MALLARD COMMUNITY CHARITABLE HUB LIMITED NOTF.S TO THE FINANCIAL STATEMENTS- Continued for the Year Fndcd 31 DECEMBF.R 2025 CREDITORS: AMOUNTS FALLIIYG DUE AFTER MORE THAN ONE YEAR 31.12.25 31.12.24 Bai)k loans (see noie 10) 58J63 65,578 LOANS An analysis of the maturity of loans is given below.. 31.12.25 31.12.24 Almounts falling due within one year on deTnand". Baiik overdraft5 Bank loans 29,589 11,922 11,922 41,511 11.922 Ainounts falling between one and two years.. Bank loans- 1-2 years 1,922 11,922 Amounts falling due between two and fiY¢ years.. Bank loans - 2-5 year5 46.441 53,656 MOVEMENT IN FUNDS Net moveinenl iii funds At 31.12.25 At 1.1.25 UTrre$tricted lunds General fund 35,356 22,823 58,179 Restrieted funds Resiricied Funds 582J35 {541,085) 41,250 TOTAL FUNDS 617,691 (518.262) 99,429 Pagell continued...
MALLARD COMMUNITY CHARITABLE HUB LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued for the Yer Elided 31 DECEMBER 2025 MOVEMENT IN FUNDS- eontlnued Net movemeni in funds. included in the above aTe as follows.. Incoming resouices Resources expended Moveinenr in funds UJire5tri¢ted funds General flliid 156,052 {133.229) 22,823 Restricted funds Restricted Fuiids 7,694 (548,779) (541,0851 TOTAL FUNDS 163,746 (682,008) 1518,262) Comparatives for movement in fund5 N¢t moveinent in funds Transfers between fijnds At 31.12.24 At 1.1.24 Vnrestricted funds General fund 92.494 22,862 (80,000} 35,356 Restricted fund$ Restricted Fund5 211.759 290,576 80,000 582,335 TOTAL FUNDS i04,253 313,438 617,691 Coinparative net movement in fund5, included in the above ar¢ as follows-. Incoming resources Resources expeiided Movement in funds Unrestricted funds General fund {7,6161 22.862 Restricted fund5 Restricted Funds 292,498 (1.922) 290,576 TOTAL FUNDS 322.976 (9,538) 313,438 Page 12 gntinued...
MALLARD COMMUNITY CHARITABLE HUB LIMITED NOTES TO THE FIIYANCIALSTATEMENTS- eontirtued lor the Year Ended 31 DECF.MBF.R 2025 MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 Inonths Combined posiiion is as follow%'. Nei moveineni in fuiids Transfers beiwee fund5 Ai 1.1.24 31.12.25 Unrestricted funds Geneial fui)d 92.494 45.685 180.000) 58.179 Restricted funds Rcstricted Funds 211,759 (250.5091 80,000 41,250 TOTAL FUNDS 304,253 (204,824) 99,429 A current yeaT 12 illonths and prior year 12 months combined nec moveinent in funds, included in the above are as follows.. Incoming resources Resources expended Movemenl in fund5 Uiir¢stri¢ted funds General fund 186.530 (140,845) 45.685 Restricted funds Resiricied Funds 300.192 {550,701) 1250,5091 TOTAL FUNDS 486,722 {691,546) (204,8241 12. RELATED PARTY DISCLOSURES There are tho related party transactions in tlie year ended 3 I De¢einber 2025. In 2024 thei'e was a related party relationsliip between two of the trustees and the supplier listed below. Servi¢es to the value stated were purchased frotn this supplier at market rate5. Byothers Studio Ltd £16,956 Page l?