The Rory Gallagher Statue Project Trust
Annual Report and Independent Examiner’s Report
for the financial year ended 4 April 2025
Malone Accounting Ltd Chartered Accountants and Registered Auditors 12 Causeway Road NEWCASTLE Down BT33 0DL Northern Ireland
Charity Number: 109331
The Rory Gallagher Statue Project Trust CONTENTS
| Page | |
|---|---|
| Reference and Administrative Information | 3 |
| Trustees' Report | 4-5 |
| Independent Examiner's Report | 6 |
| Receipts and Payments Account | 7 |
2
The Rory Gallagher Statue Project Trust
Reference and Administrative Information
Trustees
Charity Number in Northern Ireland
Principal Address
Independent Examiner
Mr Donal Gallagher Mr Sean McKay Mr Barry McGivern
109331
26 Ravensdene Crescent Belfast BT6 0DB
Malone Accounting Ltd Chartered Accountants and Registered Auditors 12 Causeway Road Newcastle Down BT33 0DL
3
The Rory Gallagher Statue Project Trust TRUSTEES' REPORT
for the financial year ended 4 April 2025
4
The Rory Gallagher Statue Project Trust TRUSTEES' REPORT
for the financial year ended 4 April 2025
The trustees present their Trustees' Report and independent examination for the financial year ended 4 April 2025.
Charitable Purposes
1.To oversee the development, installation and administration of The Rory Gallagher Statue Project at the Ulster Hall, Bedford Street, Belfast.
2.To oversee and promote the historical, cultural and social cohesiveness legacy of Rory Gallagher’s beneficial impact on the general public through his concerts, music and iconic musician status with first his Belfast based band ‘Taste’ and the Rory Gallagher Band through performances as multiple venues in Northern Ireland especially The Ulster Hall, Belfast.
Review of Achievements and Performance
The charity's task was to obtain funding to enable the casting and installation of the statue outside of The Ulster Hall, Bedford Street, Belfast.
This was achieved through the unveiling of the Rory Gallagher Statue at The Ulster Hall on the 1st of January 2025.
- The charity's contribution has helped to promote and enhance Rory Gallagher's significant musical association with Belfast and The Ulster Hall.
The Rory Gallagher Statue is a centre point within The Linen Quarter , an urban renewal area.
Financial Review
The results for the financial year are set out on page 7.
Approved by the Board of Trustees on 5[th] May 2026 and signed on its behalf by:
________Mr Barry McGivern Trustee
5
The Rory Gallagher Statue Project Trust INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF THE RORY GALLAGHER STATUE PROJECT TRUST
We have examined the financial statements of the charity for the financial year ended 4 April 2025.
This report is made solely to the charity's members, as a body, in accordance with the Charities Act (Northern Ireland) 2008. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the Board of Trustees that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members, as a body, for our work, or for this report.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act (Northern Ireland) 2008. The charity's trustees consider that an audit is not required for this financial year under the Charities Act (Northern Ireland) 2008 and that an independent examination is required.
-
It is our responsibility to:
-
examine the financial statements under section 65 of the Charities Act;
-
follow the procedures laid down by the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act; and
-
state whether particular matters have come to our attention.
Basis of independent examiner's report
We have examined your charity’s financial statements 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 Ireland under section 65(9)(b) of the Charities Act. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
In connection with our examination, no matter has come to our attention which gives us cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 63 of the Charities Act
-
the financial statements do not accord with those accounting records
-
the financial statements have not been prepared in accordance with the 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 (FRS102)
-
there is further information needed for a proper understanding of the accounts to be reached.
Independent examiner's statement
We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
__________ Brendan Malone (FCA) Malone Accounting Chartered Accountants and Registered Auditors 12 Causeway Road NEWCASTLE Down BT33 0DL Northern Ireland
Date: 5[th] May 2026
6
The Rory Gallagher Statue Project Trust
Receipts and Payments Account
for the financial year ended 4 April 2025
| Receipts and Payments Account for the financial year ended 4 April 2025 |
||
|---|---|---|
| Restricted | Total | |
| Funds | ||
| 2025 | 2025 | |
| £ | £ | |
| Donations and legacies | 27,258 | 27,258 |
| ─────── | ─────── | |
| Total receipts | 27,258 | 27,258 |
| ─────── | ─────── | |
| Payments | ||
| Charitable activities: | ||
| Expenditure on charitable activities | 32,311 | 32,311 |
| ─────── | ─────── | |
| Total payments | 32,311 | 32,311 |
| ─────── | ─────── | |
| Net receipts/(payments) for the financial year | (5,053) | (5,053) |
| Balances brought forward at 5 April 2024 | 1,036 | 1,036 |
| ─────── | ─────── | |
| Balances carried forward at 4 April 2025 | (4,017) | (4,017) |
| ═══════ | ═══════ | |
| Statement of Assets and Liabilities | ||
| Cash funds | ||
| Bank and cash | 6,841 | 6,841 |
| Current liabilities | (10,858) | (10,858) |
| ─────── | ─────── |
Approved by the Board of Trustees and authorised for issue on 5[th] May 2026 and signed on its behalf by ____Mr Barry McGivern Trustee
7