Company number: N1683343
Charity number: NIC109768
Galliagh Community Conlro
(Company Ilmltcd by guarantee)
Direotors roport flnaDelal s(stements
ror the year ended 31 Oelobor 2024

Galliagb Community Centre
Conjpany limited by guarantee
Contents
Pago
Legal and administrative infonnation
Directors, report
Independent Examinerfs report
Statement of Fin8ncial Activities
Balance Sheet
Notes lo the financial st8temenls
8-13

Galliagh Community Cenlre
Company limited by gu2rnlltee
Company Information
Dlr¢¢tors
Edward Curley
Yvonne Barr
Maureen Collins
Martln Connolly
Maric Gillospie
Caihal Mccauley
Anne McKeever
Ch￿rIenc Mellon
G¢rry Oweill
Elisha Mccalliort
Company number
N1683343
CharAty number
NIC 109768
R¢gi51ered offi¢c
l A Fairview Rood
Derry
BT48 8NU
Aeeounl#nt$
McGroaty McCatTerty & Company Ltd
Accountants & Tax Consultants
2 Carlisle Terraee
D¢rry
BT48 6JX
Bankers
AIB (NI)
Strand Road
Derry
BT48 7TN
Page I

Galliogb Community Cenlre
Company limited by guarantee
Direelors, report
ror th¢ year ended 31 October 2024
The directors pr¢s¢nt th¢ir report and Ilic audltcd flnanclal siaiem¢nts for the year ended 31 Octobcr 2024.
Our objcctlves and aetlvllles
Pur
oso and aims
The primary objective of Galliagh Community cent￿ (GCC) is to bring community groups together to share
resources, ideas and projxts to deliver programmes and service5 for ihe Galliagh Community. GCC alms to
engage local residents of all ages inlo tlie centre and to provide a programm¢ of social and recreatlonal
scrvices that meels the needs ofthe Community.
How our charlty aetivitios deliv¢r publi¢ benetit
Tlie public benefils iyhicli flow from our charitable activite5 are as follow&*
Increase in number of local r¢sidcnts using th¢ centre.
Increase in number of lo¢ol residents participating in d¢vclopmental programmes. with thc aim of reducing
social exclusion. Ivlilcli wlll brlng about increased resilience. empowemient of, improv¢d social cohesion of
residents across oll agc group5.
Flnanclal rcvlew
The financial perfonnance is summari5￿ in the eno105ed accounts.
Structure? governance and management
The company is governed and rnanaged by the board of directors. Tlie directors who served the company
during the financial year are shown on page l.
eerultmcnt and a
olntmont o
m8nA
omenl ¢ommlttee
Th¢ directors of ilie company ar¢ also charity trustees for ihe puryoses of Charity Law. Under the
requirements of ilie Memorandum and Articlcs of Association directors are elected at an Annual General
Meeling from amongst those persons nominated by the Ordinary Members. The directors have the power at
any time to appoint any person to be a director, either to fill a ¢asual vacancy or ￿ an addition to the existing
directors. Any dlrector so appointed serve5 only until ihe n¢xt Annual General Meeting Ht which directors are
to be elected and are tlien eligible for re•election. A retiring d1￿ctOr is eligible for r¢-el¢gtion.
Page 2

Galliagh Community Cenlrc
Company limited by guarantee
Directors, report
ror the year ended 31 October 2024
ontinued
Reserves Polic
The Board of Direciors ljas examined tlio charity's requlr¢ments for reserves in light of the muin risks to the
organlsatiort.
Dircetors R¢$pon$ibilllies In Relation To The Financial Statements
Company law requires the director5 to prepare financial siatements for each financial year whi¢h give a true
and fair view of the state of the affairs of the charitable company and of th¢ profit or loss of the charity
company for that year. In preparing these the dir¢ctor5 are required io:
select suitable accounting policies and apply them consistently
make judgements and cstimales that are re&sonable and prudent;
observe methods and principles in the charit(es SORP 2019 (FRS 102).
slate whcthcr applicable UK Accounting Standards have been followed, subject to any material departures
disclosed and explained in the financial statements:
prepare ihe financial statements on the going Concem basi5 unless it is inappropriote to presume that the
eompany Ivill continue in business.
The directors ar¢ i¢sponsibl¢ for keeplng proper dccountlng records Ivhich di5clos¢ wilh reasonable a¢curacy
at any time the financial position of the company and to enable ihem to ensure that the financial statements
comply wlth ihe Companies Act 2006. Thoy are also rcsponsible for safeguarding the assels of the compBny
and hence for taking re￿Onable steps for tlie prevention and dete¢¢ion of fraud and other irregularities.
Th¢ report is prepared in accordance with the special provisions Df Part 15 of the Companies Act 2006
relating to small companies and in acrA)rdan¢¢ with SORP 2019 (FRS102).
Indepejjdent Examlner
A resolution will be proposed at the Annual General Me¢ting ihat McGroaty M¢Cafferty & Company Ltd be
reappointed as independent examiners for the ensuing year.
The financial statements wer¢ approved and authorised for issue by the board on I l February 2025 and
signed on ils behalf by;
reetor
Director
Page 3

Calliagh Communlty Centre
Company Ilmltcd by guarantee
IDdependent ¢xamiDerfs report on the unaudiled finaaeial statements to the dlrectors of
Galliagh Communlty CeDtre
We report on the accounts of the company for the year cndcd 31 October 2024. whlch are set out on p8gCS
5-13.
Respectlve responslblllrfes of Charlty dlrectors and examlner.
As tli¢ ¢harity directors you are responsible for the preparation of the accounts in accordanc¢ with th¢
quir¢m¢nts of the Compani¢s A¢t 2006. Having satisfied outselves that the ¢harity is not subject to audit
under company law, and is eligible for independent examination, it is our responsibility10;
examine the accounts under section 65 of the Charities A¢t 2008.
follow the procedures laid down in the general directions given by the Charity Commission for Northern
Ireland under section 65(9)(b) of ihe Chariti¢5 Act 2008.
state whether particular matters have come to our attention.
BASIS ofindepgndent exnminer'5 report
We have examined your charity nccounts as required under section 65 of the Charitles Act and our
examination was carried out in accordance ivilh th¢ general directions given by the Charity Commission for
Northem Ireland undcr Section 65(9)(b) of the Charities Act. The examination included a review of the
accounting records kept by ihe cliarity and a comp<irison of ihc a¢wunts presented with those records. It also
included a conslderatlon of any unusual items or disclosures in tlie accounts, and seeking cxplanations from
you as charity directors ¢oncerning any such matters.
Our role is to stato whcthcr any material n]att¢rs have comc to our attcntion giving us Cause lo beliove:
that accounting records were not kept in accordance with secllon 3 86 of the CompaniE5 Act 2006:
that the arxounts do not aocord with those accounting record5:
that the accounts do nol comply with the accounting requirements of th¢ Section 396 of the Companigs Act
2006 and tlie methods and principles of the Cliarities Statement of Recommended Practice appllcable to
charities preparing their accounts in accordance ivlth the Financial Reporting Standard applicabl¢ in th¢ UK
and R¢publiG of Ireland;
that there is further information needed for proper understanding.
Indopcndent cxamlnor's statomont
We can ¢onfirm we aro qualified to undertake the examination and arc regulated and a member of Chartered
A¢countants Ireland, which is one of tlie listed bodi¢s.
We have completed our examination and have no concerns in respect of the matters listgd Hbove and. in
¢onno¢tion wilh tho following directions of the Charity Commission for Northern Ireland. we have found no
mallers that requir# drawing to your attention.
McGr02rty Mc
afferty & Conipany,Lt4
Accountants & Tax Consultallts
2 Carlisle Terrace
BT48 6JX
Date: 11 February 2025
PAge 4

G211iagh Community CeDtre
Company limited by guarantee
Statoment of Financial Activities
ror tho year CDded 31 O¢tobor2024
Total
Funds
2024
Tol21
Funds
2023
Unr49tri¢t¢d
Fuuds
Re$trictod
Funds
Income and Expondituro
Incomlng Resources
Voluntary Income
Total Incomlng R¢sour¢es
46,185
67.848
114.033 56,476
46,185
67,848
114,033 56,476
R¢sourees Expended
Direct Charitable EApcnditur¢
46,185
67,848
114,033 56,476
114,033 56,476
Total R¢source5 Expended
46,185
67.848
Net Incomlng l (Outgoffing) Rcsources
Balances brought forward
Balon¢es ¢aff led forward 31 October 2024
The above amounts relat¢ to ¢ontinuin8 operation5 of tlie eharity.
The charity has no recognised gains and lo5￿ Other than those inaluded in the results above and therefore no
separule sttat¢mcnt of lotal recognised gains and losses has been p￿ented. There is no dtfyerertec between the
net incoming rcsourccs for the year Slated abov¢ and th¢ir historical rost equival¢nts.
Page 5

Galliagh Communlty Centre
Company limited by guarantee
Balancc Sheet
95 at 31 October 2024
2024
2023
Not¢5
Curr¢nt 95SCts
Debtors
Cash at bank and in hand
23.451
3,721
456
9.817
27,172
E 0,273
Credllors: amounts falllng
due wlthin one year
(27,172)
(10,273)
Nct curr¢nt 2$5Qts
Net assets
Funds
Restricted
Unrestricted
The notes on pages 8 to 14 form an integral part of these finallcial statements.
Page 6

Galliagh Communlty Cenlre
Comp2ny limited by guArantee
Balance sheet (continu¢d)
In approving th¢sc financial statements as directors of the company we lier¢by confirm:
The company was entitled to exemption from audit under s477 of the Companles Act 2006 relating to small
ompanics.
The members have not required the company to obiain an audit in accordance with s¢ction 476 of the
Companics Act 2006.
Tlie directors acknowledge their responsibilities for complying with the requirements of the Companies Act
2006 with respect (o accounting records and preparation of accounts.
Tliese accounts Iiave been prepared in accordance witl) tlie provisions applicable to small companies subject to
th¢ simall ¢oJnpani¢s regim¢ and in occordance with SORP 2019 (FRSI02).
The financial statements ivere approved and authorised for issue by the board on I l February 2025 and signcd
on its
half by;
Dir
ctor
Director
Dale: 11 Fobruory 2025
Date: 11 February 2025
Registrntion No: N1683343
Pago 7

Galliagh CommuDity Centre
Company limitcd by guarantee
Notes to th¢ finan¢ig1 statenients
for tbc yeAf CDded 31 Oetober2024
Accounling pollcles
The gharity is a privat¢ limit¢d company by guarantee. registered in Northern Ireland and a registered
charity in Nortliern Ireland. The registered offl¢e is l A Fairview Road, Derry. BT48 8NU.
1.1. Accountlng convention
The principal accounting polici¢s adopted in the preparation of th¢ financial stalqmcnts are set out
below and l)ave remained unchanged from the previous year. and also hav¢ been ¢on5iStcntly applied
within the same accounls.
The charity constitutes a public benefit entity us defined by FRS102. The financial statements have
been prepared in accordance with Accounting and Reporting by Charities: Statement of Reeomthended
Practice applicable to charities preparing their accounts in accordBnce with the Financial R¢porting
Standard applIcable in ihe UK and Republic of Ireland Cliarities SORP 2019 (FRS 102) and the
Compllnlos Act 2006.
The financlal slatements are prepared on a going concern basis under the historical cost convention
modificd to include tlic ¢¢rtain items at fair value. The financial statements are presented in sterling
which 15 thc functional cutrency of the charity.
Thc dlrectors consid¢r ihat thei¢ are no ma¢¢rial uncertalntle5 about lh¢ charitys ability to continue &s a
going concern.
1.2. Incomlng resources
All Incoming rosourcos are includcd in the statem¢nt of financial activities when the charity is ¢ntitled to
lh¢ income and the amount can be quantified with reasonable a¢cura¢y. The following specific policies
are applied to particular cologories of in¢otn¢:
Voluntary income is reccivcd by way of grants, donatlons and 8ifts and is included in full In the
statem¢nt of financial activities wlien recelvable. Grants whcre entitlemcnt is not conditional on the
d¢livery of a specific perfomianee by the charily are Kcognised when the charity becomes
unconditionally enlitled to the grant.
Donoted services and facilities are included at the value to the chority where this can be quantified. The
valuc of thc scrvices provided by th¢ volunteers h85 not been includcd.
Gifts donated for resale are included a5 incoming resources within the activities for generating funds
when they arc sold.
Grants, in¢luding grants for Ihe purchase of fixed assets, are rttognised in full in the statement of
rinancial a¢tivilies in the year in which ihey ar¢ reG¢ivabl¢.
Income from investmenls is included in th¢ y¢ar in which it is receivable.
Page 8

Galliagh Community Centre
Company limited by guarantee
Notes to thc financlal statemcnts
for th¢ year elldcd 31 October2024
continued
IJ. Rosourcos oxpendvd
Expcnditur¢ is r¢cogni5ed on an accrual basis as a liability is incurred. Expenditure includes any VAT
which cannot b¢ fully r¢¢ov¢r¢d, and is reported as part of the expenditure lo which it relates.
Costs of generoting funds comprise the c051s associated with attracting voluntary income and the Gosts
of Irading for fundraising purposes.
Charitable expenditure comprises tliose costs incurred by the charity in the delivery of its activities and
services for its benefioiories. It includes both costs that ¢an be allocated directly to su¢h activitles and
those of an indirect nature necessary to support them.
1.4. Grants
Revenue granis are credited to income on the ¢arlier date of when they are recelved or ivheft they are
reccivllble, unless they relate to a specific future period, in wlilch case they are deferred.
Grants for the purpos¢ of capiial expenditure are ciedited to restricted income when receivable,
transfcrred to restricted funds on the purcliase of the asset and then ieleused to unrestricted thnds over
the related asset's useful lives.
Page 9

Galliagh Community Centre
Company limitcd by guarantec
Notes to Ihe financial statcments
for Ihe year ended 31 Octob¢r2024
ontinued
Unrestrtcted
In¢om¢
2024
Restri¢tcd
In¢omo
20
Total
Funds
2024
TotAI
Funds
2023
In¢omlng Rosour¢os
Incomln
NIHE
Apex
DCSDC
RHACCS-F¢il¢
Radius Funding
GSAP
Awards for All
resources from charllablc acilvllles
10,000
5.000
18,398
10,000
9,950
14,500
10,000
5,000
18,398
10,000
9,950
14,500
240
500
8.072
67.848
67.848
8.812
Events and Room Hlro
46.185
46.185
47,664
Total
46,185
67,848
114.033
56,476
(i)
Restrl¢ted Funds
Funds received which are earniarked by the Funder for specific purposes. Such purposes are withln
the overall aims of the organisation.
(li)
Unrcstrielcd Funds
Funds which are expendable at the discretion of the company in furtherance of the aims of the
harity. In addition funds may be held in order to tlnance ￿pital investment and working ¢apital.
Page 10

Galliagh Community Centre
Company limited by guarantee
Notos to the financial slatements
for the year ended 31 October2024
ontinu¢d
Resource5 Expended
Unrutrlcted
Funds
Rcstrlctcd
Funds
Total
2024
TotAI
2023
Direct Charitable Expenditure
Awards For All Expenses
ProBramm¢ Costs
Ca￿taker Costs
Opening Costs
Programme Cosls
Managemcnt Fees
Repairs & Maintcnan¢¢
Catering Costs
Insurllnce
Stationcry & Poslagc
Teleplione & Intemet
Feile Costs
Accountancy Fees
Bank Fees
General ENpens¢s
Total
8,072
740
13,670
2.648
1,956
10.000
5.085
6,506
1.774
76
5.181
3,398
3,398
15,542
15,542
3.703
10.000
254
4.950
2,418
407
5,889
1.869
600
371
182
3.703
10,000
254
9.450
2.418
407
6,889
60.819
600
371
182
4,500
1,000
58.950
420
324
24
46,185
67,848
114,033
56.476
Taxation
As a charity, Galliagh Community Centre is exempt from tax on income and gains falling wiihin section
505 of thc T￿eS Act 1988 or s256 of the Taxation of Chargeable Gains A¢t 1992 to the extent tl)at
these are applied to its cliargeable obje¢t5. Accordingly. no lax charges hav¢ arisen in the charity.
Debtors
2024
2023
Granls Rec¢ivabl¢
Prepayments
22,746
705
456
23.451
456
Page 11

C211i2gh Community Centre
Company Ilmited by guarantee
Notes to the finane121 st2toments
for the year ¢nded 31 October2024
continued
Creditors: #mounts falling due
wlthln one year
2024
2023
Qther creditors & d¢f¢rr¢d incom¢
Accruals
12.985
14,187
9,852
421
27.172
10,273
Movements ID Funds
Al
l November Incoming Oulgoing
2023 r¢sour¢es resources
Al
31 October
2024
Restricted funds:
Restricted funds
67.848
(67,848)
Unrestrictcd funds:
General Funds
46.185
(46.185)
Total Un[￿triCted funds
46,185
(46.185)
114,033 (114,033)
Relaled party transactlolls
There were no related party transactions in the year under review.
controlling Interest
Controlling interest of the charitable company lies with board of directors.
10.
Company limiteLI by guarantee
Galliagh Community Centre 15 a company Ilmited by Euarantee and not having a share capital. Th¢
company 15 incorporated in Northem Jreland. The register¢d office is IA Fairview Road, Derry, BT48
8NU.
Page 12

Galliagh Community Centre
Company limitcd by guarantee
Notes to the financial slatements
for the year ended 31 October 2024
¢ontinu¢d
11.
Post Balance Sheot cvcnts
No significant events have taken pla¢¢ since the year end that would result ift adjustments to 2024
finaftcial infomiation or inclusion of a note thereto.
Page 13