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← Millburn Community Development Ltd

2025-04-30-annual-report

Company Registration No: NI696444 Company Charity No: 109699

Millburn Community Development LTD Private Company limited by guarantee

Directors’ report and financial statements For the year ended 30 April 2025

Millburn Community Development Ltd

Private Company limited by guarantee

For the year ended 30 April 2025

Contents

Page
Trustees Report 2-3
Independent Examiners ReporttotheTrustees of
Carnlough CommunityDevelopmentGroup Ltd onthe
Unaudited financial statements 4-5
Statement of FinancialActivities 6
Balance Sheet 7-8
Notes tothe Financial statements 9-10
Thefollowingdo notform partofthefinancialstatements
Detailedincomeandexpenditureaccount 12

Millburn Community Development Ltd

Private Company limited by guarantee

For the year ended 30 April 2025

Company Information cect Sa ig ne oa, a pe ae ev re nae NNO Eee nat YrEE OES See PLL creme

Trustees

Brendan Patterson

Laura Kirkpatrick Alison McQuilkin

Donna Campbell Karen Douglas Geoffrey Boreland

Alyson Spence

Amay Ellis

Natasha McClelland

Thomasina Nesbitt Chris Boreland Samantha Taggart

Company Number

Charity Number

NI696444

109699

Registered Office

44 Maple Drive Coleraine

BT52 2AR

Independent Examiner

Mrs Nicola Marks

7 Woodcroft Brae Ballymena BT42 1FY

Bankers

Danske Bank P.O. Box 183 Donegal Square Belfast BI16J)S

Insurers

Ansvar Insurance

4" Floor, The office 1 Market Square, Circus St, Brighton BN2 9AS

Page 1

Millburn Community Development Ltd

Private Company limited by guarantee

For the year ended 30 April 2025

The Trustees’ Report

The trustees of the charity, present their report and the financial statements for the year ended 30 April 2025.

Principal Activities

The principal activities of the charitable company is to benefit the inhabitants of the Millburn and district area of County Londonderry and its environs (the "area of benefit”) without distinction of gender, sexual orientation, age, disability, race, ethnicity, or political, religious or other opinion and in particular to:-

1) Promote health and well-being by operating a healthy eating community cafe, men's shed community allotments etc

2) Promote community development by providing: a) Facilities, advice and information to local community and voluntary groups and organisations; b) Facilities in the interests of social welfare for recreation and other leisure time occupations for those individuals who have need of such facilities by reason of their youth, age or social and economic circumstances or for the public at large: and c) Classes and other forms of training.

The Trustees are satisfied that the charity has achieved its objectives in the year under review.

Trustees / Directors

The charity is governed by its Memorandum and Articles of Association.

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|||||| |---|---|---|---|---| |The Trustees who served|during the year are|as|stated|below:| |Brendan|Patterson|Alyson Spence| |Laura|Kirkpatrick|Amay|Ellis| |Alison|McQuilkin|Natasha|McClelland| |Donna|Campbell|Thomasina|Nesbitt| |Karen|Douglas|Chris|Boreland| |Geoffrey|Boreland|Samantha Taggart|

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In accordance with the Articles of Association Trustees shall be elected by the members at an Annual General Meeting.

The Trustees have assessed major risks to which the charitable company is exposed, in particular those related to the operations and finances, and are satisfied that systems are in place to mitigate exposure.

Page 2

Financial Review

Total incoming resources amounted to £186, 767.50 (2024 - £80,216.31) and after deducting total resources expended of £175,030.80 (2024 - £39,679.46) net incoming resources amounted to £11,736.70 (2024— £40,536.85).

At the year-end unrestricted funds amounted to £37,581.78 (2024 £30, 760.05) and restricted funds amounted to (£25,845.08) (2024 (£9, 776.80).

Statement of Trustees/Directors’ Responsibilities

;

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

Company law requires the Directors to prepare financial statements for each financial year which give a true and fair view of the charitable company and the incoming resources and application of the resources, including the net income or expenditure, of the charitable company for the year. In preparing these financial statements, the Trustees/Directors are required to:

The Trustees/Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small Company Provisions

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

This report was approved by the Trustees/Directors at the meeting on and signed on its behalf by

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| / / g / 2S
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Mr Brendan Patterson

Trustee/Director of Millburn Community Development Ltd

Page 3

Millburn Community Development Ltd

Private Company limited by guarantee

For the year ended 30 April 2025

Independent Examiners Report to the Trustees/Directors of Millburn Community Development Ltd

| report on the accounts of the company for the year ended 30 April 2025 set out on pages 7 to 13.

Respective responsibilities of trustees and examiner

As the charity trustees (and also the directors of the company for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to:

Basis of Independent examiner’s report

| 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 Charities Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes 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:

Page 4

Independent examiners statement

| 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, | have found no matters that require your attention.

Independent Examiner’s Report to the Trustees/Directors of Millburn Community Development Ltd

Nicola Marks

7 Woodcroft Brae Ballymena

BT42 1FY

29th July 2025

Page 5

Millburn Community Development Ltd Private Company Limited by Guarantee

Financial Statements for the period

01/05/24 - 30/04/25

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||||||| |---|---|---|---|---|---| |Note|Unrestricted|Restricted|Total|Total| |Funds|Funds|Funds|Funds| |2025|2024| |£|£|£|£| |Incoming Resources|2| |Grant Income|74,599.55|28,407.10|103,006.65|37,539.03| |Sales from|Café|81,868.69|0|81,868.69|20,048.80| |Millburn|Community Association|0|0|0|22,628.48| |Refunds|921.69|0|921.69|0| |Community Centre|304.60|0|304.60|0| |Bank|Interest|91.31|0|9131|0| |Donations|574.56|Q|574.56|0| |gteees|echidna,|eeea|—_£,| |Total Incoming Resources|158,360.40|28,407.10|186,767.50|80,216.31| |Resources Expended| |Staff Costs|44,737.83|16,949.05|61,686.88|14,176.85| |HMRC|394.14|0|394.14|37.10| |Café Costs|53,568.84|0|53,568.84|13,782.20| |Community/Youth Programme|0|36,925.13|36,925.13|6,537.31| |Utilities|15,892.10|0|15,892.10|3,991.35| |Insurance|1,948.82|0|1,948.82|296.62| |Mainienance Cosis|706.35|378.60|1,084.35|0| |Equipment|2,435.62|0|2,435.62|756.83| |Office|Costs|685.39|0|685.39|62.18| |Accountancy Costs|230.00|0|230.00|0| |Bank Fees|179.53|0|179.53|39.02| |Total Resources Expended|120,778.62|54,252.18|175,030.80|39,679.46| |Net (outgoing)/Incoming resources| |for the year being net movement| |in funds|30,760.05|9,776.80|40,536.85|0| |Funds brought forward|37,581.78|(25,845.08)|11,736.70|40,536.85| |Funds carried forward|68,341.83|(16,068.28)|52.274|40,536.85| |All amounts|relate|to|continued|activities.|

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Page 6

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Millburn Community Development Ltd
Private Company Limited by Guarantee
Balance Sheet
as at 30 April 2025
Notes 2025 2024
£ <
CURRENT ASSETS
Cash at bank 523,273.00 40,536.85
CREDITORS
Amounts falling due within one year 4 0 0
NET CURRENT ASSETS 52,273.55 40,536.85
TOTAL ASSETS LESS CURRENT LIABILITIES 52,273.55 40,536.85
NET ASSETS 52,273.55 40,536.85
FUNDS 5
Unrestricted Funds 68,341.83 30,760.05
Restricted Funds (16,068.28) 9,776.80
TOTAL FUNDS 52,273.55 40,536.85
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Millburn Community Development Ltd

Private Company limited by guarantee

For the year ended 30 April 20625

Balance Sheet Continued:

The charitable company is entitled to exemption from audit under Section 257A of the Companies (Northern Ireland) order 1986 for the year ended 30 April 2025. The members have not required the charitable company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Article 257B(2) of the Companies (Northern Ireland) order 1986.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the special! provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015). The financial statements were approved by the Board of Trustees on ] f / » / cag and were signed on its behalf by:

Mr Brendan Patterson(Trustee/Director) Millburn Community Development Ltd

The notes form part of the financial statements Page 8

Millburn Community Development Ltd

Private Company limited by guarantee

For the year ended 30 April 2625

Notes to the Financial Statements cs pelea ie ap he eg ky ec CEE Qrereee re 0s era TRIMegee Soot Sie -eea

  1. ACCOUNTING POLICIES

a) Basis of preparing the financial statements The financial statements are prepared on the going concern basis.

b) Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and following the recommendations in Accounting and Reporting by Charities: Statement of Recommended Practice (SORP 2005) issued in March 2005.

c) Incoming Resources Incoming resources are included in the Statement of Financial Activities in the period in which they are receivable.

d) Expenditure

Expenditure is recognised in the period in which it is incurred and is allocated to expense headings on a direct basis.

e) Funds

The charitable company has two types of funds for which it is responsible. A definition of the funds is as follows:

Unrestricted Funds

Funds which are expendable at the discretion of the directors and have been designated for specific purposes to further the objects of the charity.

Restricted Funds

Funds received which are earmarked by the donor for specific purposes. Such purposes are within the overall aims of the company.

Page 9

Millburn Community Development Ltd

Private Company limited by guarantee

For the year ended 30 April 2025

The following pages do not form part of the statutory accounts

Page 11

eer

Millburn Community Development Ltd Private Company Limited by Guarantee Detailed Income & Expenditure Account for the period 01/05/24 - 30/04/25

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||||| |---|---|---|---| |2025|2024| |£|£| |Incoming|Resources| |Grant Income|103,006.65|37,539.03| |Sales from|Café|81,868.69|20,048.80| |0.00|22,628.48| |Refunds|921.69|0| |Community Centre|304.60|0| |Bank|Interest|$1.31|0| |Donations|574.56|0| |Total|Incoming Resources|186,767.50|80,216.31| |Resources|Expended| |Staff Costs|61,686.88|14,176.85| |HMRC|394.14|37.10| |Cafe Costs|53,568.84|13,782.20| |Community/Youth|project|36,925.13|6,537.31| |Utilities|15,892.10|3,991.35| |Insurance|1,948.82|296.62| |Accountancy|230.00|0| |Maintenance|1,084.35|0| |Bank Fees|179.53|39.02| |Equipment|2,435.62|756.83| |Office Costs|685.39|62.18| |Total Resouces Expended|175,030.80|39,679.46| |NET EXPENDITURE|11,736.70|40,536.85|

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