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Strabane Community Project Ltd

Northern Ireland charity NIC103666 · record on the register of charities in Northern Ireland (CCNI) · accounts PDF · all Northern Ireland charities

Latest income
£612k
Latest spending
—
Accounts read
FY2025

Website: www.strabanecommunityproject.org.uk

Financial health, per FY2025 accounts

The accounts state that the charity incurred an overall deficit of £46,142 for the year ended 31 March 2025, which has diminished its reserves. Per the trustees' report, unrestricted funds are in deficit at £(25,648), falling below the stated reserves policy target of £45,000, although net assets remain positive at £217,985 largely due to restricted land and property.

What the accounts disclose

Reserves position: below the charity's own stated policy
“At the balance sheet date, the charity's total unrestricted funds were £(25,648) which is less than the targeted amount.” — page 2
Per FY2025 accounts as filed with CCNI.
Related-party transaction: Loans from key personnel
“During the year the company had loans of £15,000 (2024: £NIL) from key personnel. Interest is not being charged and the loans were repaid in full since the financial year end.” — page 32
Per FY2025 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with CCNI.
Independent examiner: McAleer Jackson Ltd
Per FY2025 accounts as filed with CCNI.
Register data and accounts from the Charity Commission for Northern Ireland, used under the Open Government Licence. Automated analysis; the filed accounts are authoritative.