REGISTERED CHARITY NUMBER: NIC 109475 

## Report of the Trustees and 

Unaudited Financial Statements for the Year Ended 31 March 2025 

## for 

Moira Community Association 

Lynn Drake & Co Ltd Chartered Accountants lst Floor 34 B-D Main Street Moira Co. Armagh BT67 OLE 



Moira Community Association 

## Contents of the Financial Statements for the Year Ended 31 March 2025 


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|---|---|---|---|---|---|---|---|
|Page|
|Reference|and|Administrative|Details|l|
|Report|of the Trustees|2|to|3|
|Independent|Examiner's|Report|4|to|5|
|Statement|of Financial|Activities|6|
|Statement|of Financial|Position|7|
|Notes|to|the|Financial|Statements|8|to|12|
|Detailed|Statement|of Financial|Activities|13|

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Moira Community Association 

## Report of the Trustees for the Year Ended 31 March 2025 

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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 (FRS 102) (effective 1 January 2019). 

## OBJECTIVES AND ACTIVITIES 

## Objectives and aims 

The organisation seeks to improve the health and economic condition of everyone in the area of Moira, Co Armagh. The organisation is all inclusive and aims to empower the position of everyone and works closely with other stakeholders and funders. 

## FINANCIAL REVIEW 

## Reserves policy 

The charity's policy is to retain a level of free reserves, which matches the needs of the organisation both at the current time and in the foreseeable future. The charity has developed a plan to establish and maintain this agreed level of free reserves. The charity will continue to monitor compliance with this policy on a regular basis and the Committee will review the appropriateness of the policy annually. 

## Scope 

This policy applies to all volunteers or board members of Moira Community Association. 

## Context 

The charity aims to keep money aside as a reserve to protect the charity against drops in income or to allow it to take advantage of new opportunities. Moira Community associations reserves can be spent on any of its aims. 

## Monitoring and reviewing the Reserves Policy 

Moira Community Association will review the Reserves Policy on an annual basis at the time of the annual accounts being prepare 

The Charity had net incoming resources for the period of £1,348 (2024 £2,098), which reflected the completion of a number of projects during the year. Unrestricted funds increased by £1,348. The total funds at the end of the year amounted to £3,446. The unrestricted fund balance at 31 March 2024 was £2,098. 

## STRUCTURE, GOVERNANCE AND MANAGEMENT 

## Governing document 

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. 

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Moira Community Association 

## Report of the Trustees for the Year Ended 31 March 2025 

## TRUSTEES' RESPONSIBILITY STATEMENT 

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

The law applicable to charities in Northern Ireland requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to 

- select suitable accounting policies and then apply them consistently 

- observe the methods and principles in the Charity SORP 

- make judgements and estimates that are reasonable and prudent 

- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008, the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015, and the provisions of the trust deed. They 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 

Approved by order of the board of trustees on 20 May 2025 and signed on its behalf by: 

## Mrs N Prentice - Trustee 

## ho. Prema 

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Independent Examiner's Report to the Trustees of Moira Community Association 

## Independent examiner's report to the trustees of Moira Community Association 

] report on the accounts for the period ended 31 March 2025 set out on pages six to twelve. 

## Respective responsibilities of trustees and examiner 

As the charity's trustees’ you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. 

It is my responsibility to: 

- examine the accounts under Section 65 of the Charities Act 

- - to follow the procedures laid down in the general Directions given by the Charity Commission under Section 65(9)(b) of the Charities Act. 

- to state whether particular matters have come to my attention. 

## Basis of the independent examiner's report 

I have examined your charity accounts as required under section 65 of the Charities Act and my 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. 

My 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 consideration of any unusual items or disclosures in the accounts and seeking explanations from you as charity trustees concerning any such matters. 

My role is to state whether any material matters have come to my attention giving me cause to believe: 

1. 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 for a proper understanding of the accounts to be reached. 

## Independent examiner's statement 

I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention 


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Mr Billy(FCA<br>**----- End of picture text -----**<br>


Lynn Drake & Co Ltd Chartered Accountants Ist Floor 

34 B-D Main Street Moira 

Co. Armagh BT67 OLE 

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Independent Examiner's Report to the Trustees of Moira Community Association 

20 May 2025 

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Moira Community Association 

## Statement of Financial Activities for the Year Ended 31 March 2025 


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|||||||
|---|---|---|---|---|---|
|Period|
|1/1/23|
|Year|Ended|to|
|31/3/25|31/3/24|
|Unrestricted|Total|
|funds|funds|
|Notes|£|£|
|INCOME|AND ENDOWMENTS FROM|
|Donations and|legacies|2|2,376|7,558|
|Charitable|activities|3|
|Grants|Receivable|6,700|5,450|
|Total|9,076|13,008|
|EXPENDITURE|ON|
|Charitable|activities|4|
|Direct|Charitable|Expenditure|7,728|10,910|
|NET INCOME|1,348|2,098|
|RECONCILIATION OF|FUNDS|
|Total|funds|brought|forward|2,098|-|
|TOTAL FUNDS CARRIED FORWARD|3,446|2,098|

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The notes form part of these financial statements 

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Moira Community Association 

## Statement of Financial Position 31 March 2025 


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|||||||||
|---|---|---|---|---|---|---|---|
|31.3.25|31.3.24|
|Unrestricted|Total|
|funds|funds|
|Notes|£|£|
|CURRENT|ASSETS|
|Cash|at|bank|4,046|2,578|
|CREDITORS|
|Amounts|falling|due|within|one year|8|(600)|(480)|
|NET CURRENT ASSETS|3,446|2,098|
|TOTAL ASSETS LESS CURRENT|
|LIABILITIES|3,446|2,098|
|NET ASSETS|3,446|2,098|
|FUNDS|9|
|Unrestricted|funds|3,446|2,098|
|TOTAL FUNDS|3,446|2,098|

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The financial statements were approved by the Board of Trustees and authorised for issue on 20 May 2025 and were signed on its behalf by: 

N Prentice - Trustee 

Ko. Reem cn 

J Crockard - Trustee 

The notes form part of these financial statements 

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Moira Community Association 

Notes to the Financial Statements 

for the Year Ended 31 March 2025 

1. ACCOUNTING POLICIES 

## Basis of preparing the financial statements 

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: 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 (FRS_ 102) (effective | January 2019)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 

## Income 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

## Expenditure 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## Taxation 

The charity is exempt from tax on its charitable activities. 

## Fund accounting 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

2. 

## DONATIONS AND LEGACIES 


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|||||
|---|---|---|---|
|Period|
|1/1/23|
|Year|Ended|to|
|31/3/25|31/3/24|
|£|£|
|Fundraising &|Donations|2,376|7,558|

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Moira Community Association 

## Notes to the Financial Statements - continued for the Year Ended 31 March 2025 

## 3. INCOME FROM CHARITABLE ACTIVITIES 

||||||Period|
|---|---|---|---|---|---|
||||||1/1/23|
|||||Year Ended|to|
|||||31/3/25|31/3/24|
||Grants|Activity<br>Grants Receivable||£<br>6,700|2<br>5,450|
||Grants received, included in the above, are as follows:|||||
||||||Period|
||||||1/1/23|
|||||Year Ended|to|
|||||31/3/25|31/3/24|
|||||£|£|
||ElevateNI -Community Mentoring|||-|4,000|
||LCCC Art|||-|750|
||LCCC Kings Coronation|||-|500|
||LCCC Seed|||-|200|
||CFNI|||2,000|a|
||CDHN|||4,700|-|
|||||6,700|5,450|
|4.|CHARITABLE ACTIVITIES COSTS|||||
||||||Support|
||||||costs (see|
||||||note 5)|
||||||£|
||Direct Charitable Expenditure||||7,728|
|5.|SUPPORT COSTS|||||
|||||Governance||
||||Management|costs|Totals|
||||£|£|£|
||DirectCharitableExpenditure||7,128|600|7,728|



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Moira Community Association 

Notes to the Financial Statements - continued for the Year Ended 31 March 2025 

## 6. TRUSTEES' REMUNERATION AND BENEFITS 

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the period ended 31 March 2024. 

## Trustees’ expenses 

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the period ended 31 March 2024. 

is COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES 

||Unrestricted|
|---|---|
||funds|
||£|
|INCOME AND ENDOWMENTSFROM||
|Donations and legacies|7,558|
|Charitable activities||
|Grants Receivable|5,450|
|Total|13,008|
|EXPENDITURE ON||
|Charitable activities||
|DirectCharitable Expenditure|10,910|
|NETINCOME|2,098|
|TOTAL FUNDS CARRIED||
|FORWARD|2,098|



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continued... 



## Moira Community Association 

Notes to the Financial Statements - continued for the Year Ended 31 March 2025 


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||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|8.|CREDITORS:|AMOUNTS|FALLING|DUE|WITHIN|ONE YEAR|
|31.3.25|31.3.24|
|£|£|
|Other|creditors|600|480|
|9,|MOVEMENT|IN|FUNDS|
|Net|
|movement|At|
|At|1/4/24|in|funds|31/3/25|
|£|£|£|
|Unrestricted|funds|
|General|fund|2,098|1,348|3,446|
|TOTAL|FUNDS|2,098|1,348|3,446|
|Net|movement|in|funds,|included|in|the|above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|9,076|(7,728)|1,348|
|TOTAL FUNDS|9,076|(7,728)|1,348|
|Comparatives|for movement|in|funds|
|Net|
|movement|At|
|in|funds|31/3/24|
|£|£|
|Unrestricted|funds|
|General|fund|2,098|2,098|
|TOTAL FUNDS|2,098|2,098|

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continued... 



Moira Community Association 

## Detailed Statement of Financial Activities for the Year Ended 31 March 2025 

|for thethe Year EndedEnded 31 March 2025|||
|---|---|---|
|||Period|
|||1/1/23|
||Year Ended|to|
||31/3/25|31/3/24|
||£|£|
|INCOME AND ENDOWMENTS|||
|Donations and legacies|||
|Fundraising& Donations|2.376|7,558|
|Charitable activities|||
|Grants|6,700|5,450|
|Total incoming resources|9,076|13,008|
|EXPENDITURE|||
|Support costs|||
|Management|||
|Insurance|254|454|
|Printing costs|206|153|
|NI Chest& Heart donation|-|371|
|Health& Safety|-|90|
|Tragic Road accident donation|-|4,079|
|Christmas Fayre|452|1,054|
|SEN Circle project direct|3,929|2,978|
|Litter collection|-|30|
|Kings coronation|-|419|
|Art project|-|801|
|Parking|l|1|
|RepairCafe direct|36|-|
|Hall hire|2,250|-|
||7,128|10,430|
|Governance costs|||
|Accountancy fee|600|480|
|Total resources expended|7,728|10,910|
|Netincome|1,348|2,098|



This page does not form part of the statutory financial statements 

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