ids.
Charity No. 100086 (Northern Ireland)
chartered accountants
GLE.N RURAL COMMUNITY GROUP {ARMOYI
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022
IDS Chartered Accountants LLP
23125 Queen Street
COLERAINE
Co Londonderry
BT52 1 BG

GLEN RURAL COMMUNITY GROUP (ARMOY)
ids.
¢hartered accountants
CONTENTS
Page
Legal and administrative information
Trustees, report
Independent examiner's report
Statement of financial activities
Balance sheet
statement of cash flows
Notes to the financial statements
8-12

GLEN RURAL COMMUNITYGROUP (ARMOY)
ids.
chartered accountants
LEGALAND ADMINISTRATIIIE INFORMATION
Trustees
Philip Christie
Anne Douthart
Conor Devlin
Jacqueline Breen
Mary Devlin
Damien Gillan
Charity number
100086
Principal address
154 Clenshesk Road
Cromaghs
ARMOY
Co Antriyi
BT53 8RL
Independent examlner
IDS CFiartered Accountants LLP
23125 Queen Street
COLEIiqINE
Co Londonderry
BT52 1 BG
Bankers
Dan.gkp. Bank
6 Higki Street
BALLYMONEY
Co Antrim
BT53 6AD

GLEN RURAL COMMUNITY GROUP (ARMOY)
ids.
chartered accountants
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 OCTOBER 2022
The Trustees present their annual report and financial statements for the year ended 31 October 2022.
The accounts have been prepared in dccordance with the accounting policies sel out in note 1 to tfE accounts
and comply with the charity's conqt lution, the Charities Act (Northern Ireland) 2008 and 'Accounling and
Reporting by Charities.. 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 1021
(effective 1 January 20151.
Objectives and activities
The charity's main objective is to manage and operate a rural community centre completely with volunteers for
public benefit.
Providing social entertainment. (weekly bingo sessions and fortnighlly whist drives) for the elderly.
Improving the lives of people in a disadvantaged rural community.
To promote the rural community, the voluntary sector and the inhabitants of the area for the public benefit.
Provide facilities in the interests of social welfare for recreation and other leisure time occupaLions and to relieve
poverty, sickness and the aged with. the object of improving the conditions of life for the said inha)itants of
Glenshesk and district area of Co Antrim.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
charity should undertake.
Achievements and performance
The main areas of Charitable activity are the provision of community services, (eg. Providing weekly social
entertainment and card games with rpfreshmenls)
Providing after funeral meals at the community centre.
Providing rental facilities to other group¢0 in the area, fundraising and donations to help with the running costs of
the rural community cenlre.
Applying for small grants to various funding bodies.
Financlal revlew
The principle funding source for the cl-iarity is the rental income, and income from small grant donations. In the
2022 financial year there was a total gi dnt and donations income of £6.885 (2021.. £4,226).
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be
maintained al a level equivalent to between three and six month's expenditure, The Trustees consider that
reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the
charity's current activities while consiaeration is given to ways in which additional funds may be raised. This level
of reserves has been maintained throughout the year.
The Trustees have assessed the major risks to which the Charity is exposed, and are satisfied that systems are in
place lo mitigate exposure to the major risks.
Structure, governance and management
The organisalion is a Northern Ireland registered charity NIC 100086 reglstered 1811112014 having previously
been registered as a charity with the Hr￿RC. The Rural Community Group operate under an approved Charitable
Constitution which satisfies the areas'of public benefit - relief of poverty. sickness and aged and promoting the
benefit of the inhabitants of Glenshesk and district area of Co Antrim.
The management committee is elected at the Annual General meeting each year as per the conditions of the
constitution a financial report is prepared each year running from the 1 November to the 31 October.

GLEN RURAL COMMUNITY GROUP (ARMOY)
ids.
chartered accountants
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2022
The Trustees who served during the year were..
Mr Damien Gillan
Mr Conor Devlin
Mrs Anna Doulhart
Mr Philip Christie
Mrs Jacqueline Breen
Mrs Mary Devlin
The Trustees, report was approved by the Board of Trustees.
Philip Christie
Trustee
Dated. 16 January 2023

GLEN RURAL COMMUNITY GROUP (ARMOY)
ids.
chartered accountants
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF GLEN RURAL COMMUNITY GROUP (ARMOY)
I report on the financial statements of the charity for the year ended 31 October 2022, which are set out on pages
5t0 12.
Respective responsibllities of Trustees and examiner
The charity's Trustees are responsible for the preparation of the accounts. The charity's Trustees consider that an
audit is not required for this year knnder section 65 of the Charities Act (Northern Ireland) 2008 and that an
independent examination is needed.
It is my responsibility lo..
examine the accounts under section 65 of the 2008 Act.,
lill to follow th& procedures laid down in the general Directions given by the Charity Commission for Northern
Ireland under section 69(9){b} of the Charities Act., and
liiil lo slate whether particular matters have come lo my attention.
Basis of independent examlner's report
I have examined your charity accounts as required under section 65 of the Charities Act and my examination was
carried out in accordance with the ger,eral Directions given by the Charity Commission for Northern Ireland under
section 65(9)Ibl of the Charities Act.
My examination included a review'of.the accounting records kept by the charity and a comparison of the
accounts presented with those recordo It also included consideration of any unusual items or disclosures in the
accounts. and seeking explanationo from you as charity trustees concerning any such matters.
My role is to state whether any material mallers have come lo my attention giving me Cause to believe..
1. That accounting records were not kept in accordan￿ with section 63 of the Charities Act
2. That the accounts do not accord with those accounting records
3. That the accounts do not coniply with the accounting requirements of the Charities Act
4. That there is further information needed for a proper understanding of the accounts to be reached.
Independent examiner's statement,
I have completed my examination ap,d have no concerns in respect of the matters111 to14) listed a bove and, in
connection with following the Directians of the Charity Commission for Northern Ireland, I have found no matters
that require drawing to your attention.
Alison Wallace
IDS Chartered Accountants LLP
23125 Queen Street
COLERAINE
Co Londonderry
BT52 1 BG
Dated.. 16 January 2023

GLEN RURAL COMMUNITY GROUP (ARMOY)
ids.
chartered accountants
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2022
Un rest.ricted Restrlcted
funds
funds
2022
2022
Total Unrestricted Restricted
funds
funds
2021
2021
Total
2022
2021
Notes
Donations and grants
Other trading activities
5,390
1,537
1,495
6.885
1.537
2,758
1,468
4,226
Total Income
6,927
1,495
8,422
2,758
1.468
4,226
Charitabl& activities
6,928
1,495
8.423
3,375
1,468
4,843
Net expendlture for the yearl
Net movement In funds
(11
(6171
1617)
Fund balances at 1 November
2021
128,675
542
129,217
129,292
542
129,834
Fund balances at 31 October
2022
128.674
542
129,216
128,675
542
129,217
The statement of financial activities includes all gains and losses recognised in the year.
All incorne and expenditure derive from continuing activitie5.

GLEN RURAL COMMUNITY GROUP (ARMOY)
ids.
chartered accountants
BALANCE SHEET
AS AT 31 OCTOBER 2022
2022
2021
Notes
Fixed assets
Tangible assets
123,340
123,340
Current assets
Debtors
Cash at bank and in hand
5,875
5,877
5,876
5,877
Net current assets
5,876
5.877
Total assets less currènt liabilities
129,216
129.217
Income funds
Restricted funds
Unrestricted funds
542
128.674
542
128,675
129.216
129,217
The financial statements were approved by the Trustees on 16 January 2023
Philip Christie
Trustee
Anne Douthart
Trustee

GLEN RURAL COMMUNITY GROUP (ARMOY)
ids.
chartered accountants
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 OCTOBER 2022
2022
2021
Notes
Cash flows from operatlng activities
Cash absorbed by operations
12)
1617)
Net cash used in Investing activitier.
Net cash used in financing activities
Net decrease in cash and cash equiv'alents
12}
16171
Cash and cash equivalents at beginning of year
5,877
6,494
Cash and cash equlvalents at end of year
5,875
5,877
Relating to:
Danske Bank account
Progressive Building Society account
2,588
3,287
2,596
3,281
5,875
5.877

GLEN RURAL COMMUNITY GROUP (ARMOY)
ids.
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022
Accounting policies
Charity Informatlon
Glen Rural Community Group (Armoy) 15 a charity based in Northern Ireland. It is registered with the Charities
Commission under registration no. 100086 and has a registered office address of 154 Glenshesk Road,
Armoy, Co. Antrim, BT53 8RL.
1,1 Accounting convention
The financial statements have been prepared in accordance with the charity's conslitulion, the Charities Act
2008 and "Accounting and Reporting by Charities.. 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 1 021 {as amended for accounting periods commencing from l January 2016).
The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin
1 not to prepare a Statement of QAash Flows.
The financial staternents are prepared in sterling, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out belovi.
1.2 Golng concern
Al the time of approving the financial slalements, the Trustees have a reasonable expectation that the charity
has adequate resources to conlinue in operational existence for the for&seeable future. Thu5 the Trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are availablf., for use at the discretion of the Trustees in furtherance of their charitable
objectives.
Reslricled funds are subject
LO specific conditions by donors as to how they may be used. The purposes and
uses of the restricted funds are sat out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legally entitled lo it after any performance conditions have been met,
the amounts can be measured retriably, and it is probable that income will be received.
1.5 Expendlture
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the
charity lo that expenditure, it is probable that settlement will be required and the amount of the obligation can
be measured reliably.
All expenditure is accounted for on an accruals basis. All expenses including support costs and governance
costs are allocated or apportion-d to the applicable expenditure headings.
Irrecoverable VAT is charged against the expenditure heading for which it was incurred.

GLEN RURAL COMMUNITY GROUP (ARMOY)
ids.
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2022
Accounting policies
{Continuedl
1.6 Tangible fixed assets
Tangible fixed assets are iriitially measured at cost and subsequently measured at cost or valuation. net of
depreciation and any impairment losses.
Depreciation is recognised so aa to write off the cost or valuation of assets less their residual values over their
useful lives on the following baseo.
Freehold land and buildings
Fixtures and fittings
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value of the a.%set, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end dale, the charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order lo deterrlline the extent of the impairment
loss lif any}.
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-lerm liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Inslruments, and Section 12
'Other Financial Instruments Isopues, of FRS 102 to all of its financial instruments.
Financial instruments are recogriised in the charity's balance sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities ?.re offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to sel off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transartion costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.10 Employee benefits
The cost of any unused holidaii entitlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed
to terminate the employment of an employee or to provide termination benefits.

GLEN RURAL COMMUNITY GROUP (ARMOY)
ids.
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2022
Crltical accounting estimates and judgements
In the application of the charity's accounting policies. the Trustees are required to make judgement5,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other sources. The estimateo and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basi5. Revisions to accounting
estimates are recognised in thp. period in which the estimate is revised where the revision affects cnly that
period. or in the period of the revision and future periods where the revision affects both current and future
periods.
During the current financial year there were no material judgements or sources of estimation uncertainty
requiring specific disclosure in the financial statements.
Donations and grants
Unrestrlcted Restricted
funds
funds
Total Un restricted Restricted
funds
funds
Total
2022
2022
2022
2021
2021
2021
Donations and gifts
i,390
1,495
6.885
2,758
1,468
4,226
Donatlons and gifts
DAERA- Rural Micro
Capital
COVID-19 Charity Grant
Sundry donations
1,495
1,495
2,990
2,400
1,468
1,468
2,250
508
2.990
2.400
2.250
508
5.390
1,495
6,885
2,758
1,468
4,226
Other trading a¢tlvltles
Unrestrl¢ted
funds
Total
2022
2021
Fundraising events
1,537
10

GLEN RURAL COMMUN.ITY GROUP (ARMOY)
ids.
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2022
Charitable activities
2022
2021
Rent
Telephone
Light, Heat and Water
Small fixtures and equipment
300
440
2,556
3,542
300
419
474
2,054
6,838
3.247
Share of support costs (see no'Le 6)
1,585
1.596
8,423
4.843
Analysis by fund
Unrestricted funds
Restricted funds
6,928
1,495
3,375
1,468
8,423
4,843
Support costs
iUPPOrt Governance
costs
costs
2022
Support Governance
costs
costs
2021
Insurance
Accountancy
Bank Interest and Fee5
888
510
187
888
510
187
880
510
206
880
510
206
1,585
1,585
1,596
1,596
Analysed between
Charitable activities
1,585
1,585
1,596
1,596
11

GLEN RURAL COMMUNITY GROUP (ARMOY)
ids.
chartered accountonts
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2022
Tangible fixed assets
Freehold land Fixture5 and
and building5
fittings
Totsl
Cost
Al 1 November 2021
110,847
12,493
123,340
At 31 October 2022
110,847
12,493
123,340
Carrying amount
At 31 October 2022
110,847
12,493
123,340
Al 31 October 2021
110,847
12,493
123.340
Debtors
2022
2021
Amounts falling due within one year:
Trade debtors
Analysis of net assets between funds
U nro.stricted Restricted
Iijnds
funds
2022
2022
Total Unrestricted Restricted
funds
funds
2021
2021
Total
2022
2021
Fund balances at 31
October 2022 are
represented by..
Tangible assets
Current asselsl{liabilities)
,123,340
,334
123,340
5,876
123,340
5,335
123,340
5,877
542
542
128,674
542
129,216
128,675
542
129,217
10 Related party transactions
There were no disclosable related party transactions during the year12021 none).
12-