CRAIGAVON & BANBRIDGE VOLUNTEER CENTRE Charity Accounts

COMPANY REGISTRATION NUMBER: NI031409

CHARITY REGISTRATION NUMBER: NIC101712

CRAIGAVON & BANBRIDGE VOLUNTEER CENTRE

Company Limited by Guarantee

Unaudited Financial Statements

Year ended

31 March 2026

CRAIGAVON & BANBRIDGE VOLUNTEER CENTRE

Company Limited by Guarantee

Financial Statements

Year ended 31 March 2026

	Page

Trustees' annual report (incorporating the director's report)	1

Independent examiner's report to the trustees	3

Statement of financial activities (including income and expenditure account)	4

Statement of financial position	5

Notes to the financial statements	6

CRAIGAVON & BANBRIDGE VOLUNTEER CENTRE

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 March 2026

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2026 .

Reference and administrative details

Registered charity name	CRAIGAVON & BANBRIDGE VOLUNTEER CENTRE

Charity registration number	NIC101712

Company registration number	NI031409

Principal office and registered	OFFICE 2
office	LEGAHORY CENTRE
	BROWNLOW
	CRAIGAVON
	BT65 5BE

The trustees

	Ms JANIS GEARY
	Ms LINDA LYNESS
	Mr BRENDAN MACPARTLIN
	Ms CLAIRE MARY PATIENCE
	Ms CLARE McCANN

Company secretary	D STEWART

Independent examiner	Kevin Jennings
	30A Kilmorey Street
	Newry
	Co Down
	BT34 2DE

Structure, governance and management

The organisation is run by board of trustees

Objectives and activities

The purpose of the charity is to recruit train and place volunteers in the voluntary sector.

Achievements and performance

The Board believe that they are achieving their objectives even though they are operating in this difficult time for funding.

Financial review

The Board acknowledge that these are difficult times for all organisations and are thankful to all those funding agencies who have supported them.The organisation operates on a very tight budget which allows them to still provide the services required in this sector.

Plans for future periods

The charity plans continuing the activities provided in the forthcoming years subject to satisfactory funding arrangements.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The trustees' annual report was approved on 23 June 2026 and signed on behalf of the board of trustees by:

Ms JANIS GEARY	Ms CLARE McCANN
Trustee	Trustee

CRAIGAVON & BANBRIDGE VOLUNTEER CENTRE

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of CRAIGAVON & BANBRIDGE VOLUNTEER CENTRE

Year ended 31 March 2026

I report to the trustees on my examination of the financial statements of CRAIGAVON & BANBRIDGE VOLUNTEER CENTRE ('the charity') for the year ended 31 March 2026.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of Charities Act (Northern Ireland) 2008 (the ‘2008 Act’) and the Companies Act 2006 (‘the 2006 Act’). You are satisfied that the accounts of the company are not required by charity or company law to be audited and have chosen instead to have an independent examination.

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's financial statements as carried out under section 65 of the 2008 Act. In carrying out my examination I have followed the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the 2008 Act. Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with my examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

2. the financial statements do not accord with those records; or

3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.

Kevin Jennings Independent Examiner

30A Kilmorey Street Newry Co Down BT34 2DE

23 June 2026

CRAIGAVON & BANBRIDGE VOLUNTEER CENTRE

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 March 2026

	2026			2025
	Unrestricted funds	Restricted funds	Total funds	Total funds
Note	£	£	£	£

Income and endowments

Donations and legacies	5	–	155,552	155,552	115,005
Investment income	6	295	–	295	304
Other income	7	3,771	–	3,771	2,062
		-------	---------	---------	---------
Total income		4,066	155,552	159,618	117,371
		-------	---------	---------	---------

Expenditure

Expenditure on charitable activities	8,9	2,558	106,055	108,613	114,615
		-------	---------	---------	---------
Total expenditure		2,558	106,055	108,613	114,615
		-------	---------	---------	---------

	-------	---------	---------	---------
Net income and net movement in funds	1,508	49,497	51,005	2,756
	-------	---------	---------	---------

Reconciliation of funds

Total funds brought forward	86,422	20,328	106,750	103,993
	--------	---------	---------	---------
Total funds carried forward	87,930	69,825	157,755	106,750
	--------	---------	---------	---------

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

CRAIGAVON & BANBRIDGE VOLUNTEER CENTRE

Company Limited by Guarantee

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Current assets

Debtors	14	3,474		4,407
Cash at bank and in hand		154,281		102,342
		---------		---------
		157,755		106,749
		---------		---------
Net current assets			157,755	106,749
			---------	---------
Total assets less current liabilities			157,755	106,749
			---------	---------

Funds of the charity

Restricted funds		69,825	20,328
Unrestricted funds		87,930	86,422
		---------	---------
Total charity funds	16	157,755	106,750
		---------	---------

For the year ending 31 March 2026 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 23 June 2026 , and are signed on behalf of the board by:

Ms JANIS GEARY	Ms CLARE McCANN
Trustee	Trustee

CRAIGAVON & BANBRIDGE VOLUNTEER CENTRE

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in N IRELAND and a registered charity in Northern Ireland. The address of the registered office is OFFICE 2, LEGAHORY CENTRE, BROWNLOW, CRAIGAVON, BT65 5BE.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', 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 (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures & Fittings	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, 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-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in 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 income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at 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 instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised 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.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Limited by guarantee

The Liability of Members is limited to an amount not exceeding one pound sterling.

5. Donations and legacies

Unrestricted Funds	Restricted Funds	Total Funds 2026
£	£	£

Grants

DFC/DSD	–	43,070	43,070
ABC/PCSP	–	10,000	10,000
SHSCT	–	16,481	16,481
National Lottery Community Fund	–	33,531	33,531
Goodyear	–	2,470	2,470
GIG	–	50,000	50,000
	----	---------	---------
	–	155,552	155,552
	----	---------	---------

Unrestricted Funds	Restricted Funds	Total Funds 2025
£	£	£

Grants

DFC/DSD	–	41,013	41,013
ABC/PCSP	–	9,907	9,907
SHSCT	15,918	–	15,918
National Lottery Community Fund	–	48,167	48,167
Goodyear	–	–	–
GIG	–	–	–
	--------	--------	---------
	15,918	99,087	115,005
	--------	--------	---------

6. Investment income

	Unrestricted Funds	Total Funds 2026	Unrestricted Funds	Total Funds 2025
	£	£	£	£
Bank interest received	295	295	304	304
	----	----	----	----

7. Other income

	Unrestricted Funds	Total Funds 2026	Unrestricted Funds	Total Funds 2025
	£	£	£	£
Miscellaneous Income	3,771	3,771	2,062	2,062
	-------	-------	-------	-------

8. Expenditure on charitable activities by fund type

	Unrestricted Funds	Restricted Funds	Total Funds 2026
	£	£	£
Activity type 1	2,558	106,055	108,613
	-------	---------	---------

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Activity type 1	12,457	102,157	114,615
	--------	---------	---------

9. Expenditure on charitable activities by activity type

	Activities undertaken directly	Total funds 2026	Total fund 2025
	£	£	£
Activity type 1	108,613	108,613	114,615
	---------	---------	---------

10. Independent examination fees

	2026	2025
	£	£

Fees payable to the independent examiner for:

Independent examination of the financial statements	1,920	1,920
	-------	-------

11. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

	2026	2025
	£	£
Wages and salaries	75,282	76,205
Employer contributions to pension plans	5,190	6,825
	--------	--------
	80,472	83,030
	--------	--------

The average head count of employees during the year was 3 (2025: 3 ). The average number of full-time equivalent employees during the year is analysed as follows:

	2026	2025
	No.	No.
Number of staff	3	3
	----	----

No employee received employee benefits of more than £60,000 during the year (2025: Nil).

12. Trustee remuneration and expenses

No Remuneration or Other benefits from employment with the charity were received by the trustees.

13. Tangible fixed assets

	Fixtures and fittings	Total
	£	£
Cost
At 1 April 2025 and 31 March 2026	56,772	56,772
	--------	--------
Depreciation
At 1 April 2025 and 31 March 2026	56,772	56,772
	--------	--------
Carrying amount
At 31 March 2026	–	–
	--------	--------
At 31 March 2025	–	–
	--------	--------

14. Debtors

	2026	2025
	£	£
Other debtors	3,474	4,407
	-------	-------

15. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £ 5,190 (2025: £ 6,825 ).

16. Analysis of charitable funds

Unrestricted funds

	At 1 April 2025	Income	Expenditure	At 31 March 2026
	£	£	£	£
General funds	86,422	4,066	(2,558)	87,930
	--------	-------	-------	--------

	At 1 April 2024	Income	Expenditure	At 31 March 2025
	£	£	£	£
General funds	80,595	18,284	(12,457)	86,422
	--------	--------	--------	--------

Restricted funds

	At 1 April 2025	Income	Expenditure	At 31 March 2026
	£	£	£	£
Restricted Fund 1 - desc in a/cs	–	155,552	(106,055)	49,497
Restricted Fund -Other Funds	20,328	–	–	20,328
	--------	---------	---------	--------
	20,328	155,552	(106,055)	69,825
	--------	---------	---------	--------

	At 1 April 2024	Income	Expenditure	At 31 March 2025
	£	£	£	£
Restricted Fund 1 - desc in a/cs	–	99,087	(102,157)	(3,070)
Restricted Fund -Other Funds	23,398	–	–	23,398
	--------	--------	---------	--------
	23,398	99,087	(102,157)	20,328
	--------	--------	---------	--------