Company reglstration number N1695055 Pobal an Chalstil Company limited by guarantee Unaudited financlal statements 31 March 2025
Pobal an Chaistil Company limited by guarantee Contents Page Oirectors and other infomiation Directors report Accountants report ststement of comprehensive income Statement of financial position Ststement of changes in equity Notes to the financi81 ststements 8-10
Pobal an Chaistil Company limlted by guarantee Directors and other infonnation Directois Mr Réamann Gearoid Mathers Ms Bridin Ni Dhonnghaile Mr Gearoid O Triombaill Mr Desmond Flannagan (Appointed 24 October 20241 Company number N1695055 Chaiity number 109956 Registergd offrce 36a Sraid Aine Baile An Chaistil Co. Antrim B T54 6AD Business address 36a Sraid Aine Baile An Chaislil Co. Aontrim 8T54 6AD Accountants Mark Iolgore & Co. 82 Casue Street Ballycaslle Co. Antrim BT54 6AR Page 1
Pobal an Chaislil Company limited by guarantee Directots report Year ended 31 Mah 2025 The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2025. Directors The directors who serned the company during the year were as follows.. Mr Réamann Gearoid Mathers Ms Bndin Ni Dhonnghaile Mr Gearoid O Triombaill Mr Desmond Flannagan (Appointed 24 October 2024} Small company provisions This report has been prepared in accordance wth the provisions applicable to companies entilled to the small companies exemption. This report was approved by the board of directors on 30 December 2025 and signed on behaff of the board by.. Mr Réamann Gearc)id Mathers Director Page 2
Pobal an Chaistil Company limited by guarantee Report to the board of directors on the prepardtloTr of the unaudited statutory financtal ststements of Pobal an Chaistil Year ended 31 Mah 2025 In order to assist you to fulfil your dub'es under the Companies Act 2006, we have prepared for your approval the finanoal statements of Pobal an Chaislil for the year ended 31 March 2025 which comprise the stslement of comprehensive income, statement of financial position, statenienl of changes in equity and related notes from the company's accounting records and from information and explanations you have given us_ As a practising member firm of Chartered Accountsnts Ireland , we are subject to its ethic81 and other professional requiremer7ts which are detsiled at ww.charteredaccountants.ie. This report is made solely to the board of directors of Pobal an Chaistil, as a Ix)dy, in accordan with the temis of our engagement letter. Our work has been undertaken solety to prepare for your approval the financial statements of Pobal an Chaistil and state those matters that we have agred to stale to the board of directors of Pobal an Chaislil as a body, in this report in accordance with the requirements of Chartered Awountants Ireland as detailed al www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pobal an Chaislil and its board of directors as a body for our work or for this report. It is your duty to ensure that Pobal an Chaistil has kept adequate accounting records and to prepare statutory financial ststements that give a true and fair view of the assets, liabilitr"es, financial posib'on and profil of Pobal an Chaistil. You consider that Pobal an Chaisb'l ts exempt from the ststutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Pobal an Chaistil. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the ststutory financial statements. ark Kilgore & C Chartered Accountants 82 caSe Street Ballycastle Co. Antrim BT54 6AR 30 December 2025 Page 3
Pobal an Chaistil Company limited by guarantee Statement of tomprehenstve Income Year ended 31 March 2025 Year ended 31103125 Perjod ended 31103124 Note Turnover Administrative expenses Operating profrt 9,695 11.9081 24,674 113,956} 7,787 10,718 Profft before taxation 7,787 10,718 Tax on profit Profrt for the financial year and total comprehensive income 7,787 10,718 All the activities of the company are from continuing operations. The notes on pages 8 10 10 fomi part of these financial statements. Page 4
Pobal an Chaistil Company limited by guarantee Statement of flnanclal position 31 March 2025 31103125 31103124 Note Fixed assets Tangible assets 17,728 8,990 17,728 8,990 Current assets Cash at bank and in hand 777 1.728 777 1,728 Net cuNent assets 777 1,728 Total assets less current liabilities 18,505 10,718 Net assets 18,SOS 10,718 Capital and reserves Profit and loss account 18,505 10,718 Members funds 18,505 10,718 For the year ending 31 March 2025 the company was entiued to exempb-on from audit under section 477 of the Companies Act 2006 relating to small companies. Diwtors responsibilities". The members have not required the company to obtain an audit of its financial statements for the year in question in accordance wEth section 476., The directors acknowtedge their responsibilities for complying wth the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in aceordance with the provisions applicable to companies subject to the small companies, regime and in accordance with Section 1A of FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland,. The notes on page$ 8 10 10 form part of these financial statements. Page 5
Pobal an Chaistil Company limited by guarantee Statement of financial positlon {continued) 31 March 2025 These financial statements were approved by the board of directors and authorised for issue on 30 December 2025, and are signed on behalf of the board by= Mr Réamann Gearoid Mathers DilOr Company registration number.. N1695055 The notes on pages 8 to 10 forni part of these financial statements. Page 6
Pobal an Chaistil Company limlted by guarantee ststement of changes in gquity Year ended 31 March 2025 Profil and loss account Total At 1 April 2023 Profft for the year Total Comprehensive income for the year 10.718 10,718 10,718 10,718 At 31 March 2024 and 1 April 2024 10,718 10.718 Profit for the year Total comprehensive income for the year 7,787 7.787 7,787 7,787 At 31 March 2025 18,505 18,505 Page 7
Pobal an Chaistii Company limited by guarantee Notes to the financial slatements Year ended 31 Mah 2025 General information The company is a private company limrted by guarantee, registered in Northem Ireland. The address of the registered office is 368 Sraid Mne, Baile An Chaistil, Co. Antrim, BT54 6AD. Statement of compliance These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis. as modified by the revaluation of certain f or loss. Inancial assets and liabilities and investment properties measured at fair value through profit The financial statements are prepared in sterling, which is the functional currency of the enlty. Turnover Tumover is measured al the fair value of the eonsideralton received or receivable for goods supplied and ServIS rendered, nel of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the signrficant risks and rewards of ownership have transferred lo the buyer {usually on despatch of the goods)., the amount of revenue can be measured reliably.. it is probable that the associated economiG benefits will flow lo the enb"ty,' and the costs incurred or lo be incurred in respect of the transath.ons can be measured reliably. Tangible assets Tangible assets are initially recorded at cos( and are subsequently stated at ¢ost less any accumulated depreciats.on and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the dale of revaluation less any subsequent accumulated depreciation and subsequent accumulated impaiment losses. An increase in the carrying amount of an asset a5 a result of a revaluabon, is recognised in other comprehensive income and aumUlated in capital and reserves, except to the extent it reverses a ievaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carying amount of an asset as a result of revaluation is reccxJnised in other comprehensive income to the extent of any previously recognised revaluation increase aecumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset. the excess sh211 be recognised in profit or loss. Depreciation Depreciation is calculated so as to WTite off the ¢osl or valuation of an asset, less its residual value. over the useful economic life of that asset as follows.. If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates. Page 8
Pobal an Chaistil Company limited by guarantee Notes to the finaTrcial statements (continued) Year ended 31 March 2025 Impaimient A review for indicators of impairment is carried out at each reporting date, with the reeoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the as5el is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generaling unit lo which the asset belongs. The cash-generaling unil is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. Financial instruments A financial asset or a financial liability is recognised only when the company becomes a paty lo the conlraclual provisions of the instrument. Basic fjnan¢ial instruments are inib.ally recognised at the transaction price, unless the arrangement constitutes 8 f Inancing transaction, where il is recognised ai the present value of the future payments discounted at a market rale of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non<onverbble preferen shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably. the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequenvy measured al cost less impairment. Other financial instruments. including derivatrves, are inib.ally recognised at fair value, unless payment for an asset is deferred beyond nomial business terms or financecl al a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instnjment Other financial instruments are subsequently measured at fair value, wth any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objectNe eviden of impairment al the end of each reporting dale. If there is objective evidence of impairmenL an impairment10ss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impaiment other financial assets or etther assessed individually or grouped on the basis of similar credit risk characlefistics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Limited by guarantee The company is limited by guarantee and does not have a share capttal. Page 9
Pobal an Chaistil Company limited by guarantee Notes tr> the financlal ststements {continued} Year ended 31 Mah 2025 Tangible assets Freehold propety Plant and machinery Total Cost or valuation Al 1 April 2024 Addttrons Grants received 8.203 56,520 148.5321 787 750 8,990 57,270 148,5321 17,728 Al 31 March 2025 16,191 1.537 Depreciation At 1 April 2024 and 31 March 2025 Cattying amount At 31 March 2025 16,191 1,537 17,728 Al 31 March 2024 8,203 787 8,990 Financial instruments The carrying amount for each category of financial instrument is as follows.. 31103125 31103124 Financial assets that are debt in$trumeTrts measured at amortised cost Cash at bank and in hand 777 1,728 Page 10
Pobal an Chaistil Cornpany limited by guarnntee The following pages do not form part of the statutory accounts.
Pobal an Chaistil Cornpany limited by guardnteo Detsiled income statement Year ended 31 March 2025 Year ended 31103125 Period ended 31103124 Turnover Income Fundraising Donations Grants 1,225 2,270 6.200 7,525 16,149 1,000 9,695 24,674 Gross profrt 9,695 24.674 Gross profil percentagg 100.0% 100.0% Overheads Adminlstralive expenses Aftres¢hool wages Afterschool costs Insuran Light and heal Repairs and maintenance Legal and profession81 Accountsncy fees Bank charges General expenses (5,562} 11,5451 19151 {1291 14,4961 11,2001 {9821 1373) {3001 173) 1180) {1101 11,908) {13,9561 Operating profit 7,787 10,718 Operatlng profit percentage 80.30 43.40 Profrt before taxation 7,787 10,718