ids
Company Reglstration No. 100086 (Northern Ireland)
chartered accountants
GLEN RURAL COMMUNITY GROUP (ARMOY)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
IDS Chartered Accountants LLP
23125 Queen Street
COLERAINE
Co Londonderry
BT52 1BG

GLEN RURAL COMMUNITY GROUP (ARMOY)
ids
chartered 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 COMMUNITY GROUP (ARMOY)
ids.
chartered accountants
LEGAL AND ADMINISTRATIVE INFORMATION
Trustges
Philip Christie
Anne Douthart
Conor Devlin
Jacqueline Breen
Mary Devlin
Damien Gillan
Charlty number
100086
Independent examlner
IDS Chartered Accountants LLP
23125 Queen Street
COLERAINE
Co Londonderry
BT52 18G
Bankers
Danske Bank
6 High Street
BALLYMONEY
Co Antrim
BT53 6AD

GLEN RURAL COMMUNITY GROUP (ARMOY)
ids.
chartered accountants
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 OCTOBER 2023
The Trustees present their annual report and financial statements for the year ended 31 October 2023.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and
comply with the charity's constitution, the Charities Act {Northem Ireland) 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 IFRS 102> (effective 1 January
2015)
objectives and activltles
The charity's main objective is to manage and operate a rural community centre completely with volunteers for
public benefit.
There is no other community centre in this rural area and the local council provide no support. The Rural
Community Centre is close to the local church and a big benefit is providing arter funeral meals and other church
events. Local Farmers and Sports clubs also use the Community Cenlre.
Providing social entertainment, (weekly bingo sessions and fortnightly 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 facililies in the interests of social welfare for recreation and other leisure time occupations and to relieve
poverty, sickness and the aged with the object of improving the conditions of life for the said inh*Jitants of
Glenshesk and district area of Co Antrim.
The Trustees have paid due regard to guidan￿ issued by the Charrty Commlssion in deciding what activities the
charity should undertake.
Achlevements and performance
The main areas of Charitable activity are the provision of communily services, (eg. Providing weekly social
entertainment and card games with refreshments)
Providing after funeral meals at the community centre.
Providing rental facilities to other groups in the area, fundraising and donation5 to help with the running costs of the
rural community centre.
Applying for small grants to various funding bodies.
Flnanclal review
The principle funding source for the charity is the rental income, and incom8 from small grant don ations. In the 2023
financial year there was a total grant and donations income of £6.948 (2022.. £8,423).
It 15 the policy of the charity that unrestricted funds which have not been designated for a specific use should be
maintained at a Seve5 equivalent to between three and six month's expenditure. The Trustees consider that reserves
al 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 consideration 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 to mitigate exposure to the major rtsks.
Structurei governance and management
The organisation is a Northern Ireland regislered charity NIC 100086 registered 1811112014 having previously been
registered as a charity with the HMRC. The Rural Community Group operate under an approved Charitable
Constitution which satisfies the areas of public benefit - relief of povety. sickness and aged and promoting the
benefit of the inhabilants 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 2023
The Trustees who served during the year and up to the date of signature of the financial statements wer8..
Philip Christie
Anne Douthart
Conor Devlin
Jacqueline Breen
Mary Devlin
Damien Gillan
The Twstees, report was approved by Ihe Board of Trustees.
Philip Christ18
Trustee
18 January 2024

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 2023, which are set out on pages
5t012.
Respective re5ponslbllltles of Trustees and examlner
The charity's Trustees are responsible for the preparation of the accounts. The charity's Twslees consider that an
audit is not required for this year under section 65 of the Charities Act (Northern Ireland) 2008 and that an
independent examination is needed.
It is my responsibility to.
examine the accounts under section 65 of the 2008 Act,.
(li) to follow the procedures laid down in the general Directions given by the Charity Commission for Northern
Ireland under section 6919){b) of the Charities Act., and
{ili) to state whether particular matters have come lo my attention.
Basls of Independent examlnerfs report
I have examined your charity accounts as required under section 65 of the Charitie5 Act and my examination was
carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under
section 65(9llb) of the Charities Act.
My examination included a review of the accounling records kept by the charity and a comparison of the
accounts presented with those records. It also included consideration of any unusual items or disclosures in the
accounts, and seeking explanations from you as chartty trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe..
1. That accounting records were not kept in accordance with section 63 of the Cttarilies Act
2. That the accounts do not accord with those accounting records
3. That the accounts do not comply with the accounting requirements of the Charities Acl
4. That there is further information needed for a proper understandin9 of the accounts to be reached.
Independent examiner's statement
I have compleled my examination and have no concerns in respect of the matters (1} to14) Ilsted above and, in
connection with following the Directions of the Charity Commission for Northern Ireland. I have found no matters
that require drawing to your attention.
Alison Wallace FCA
IDS Chartered Accountants LLP
23125 Queen Street
COLERAINE
Co Londondery
BT52 1 BG
Dated: 18 January 2024

GLEN RURAL COMMUNITY GROUP (ARMOY)
ids.
chartered accountonts
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2023
Unrestrlcted Restricted
funds
funds
2023
2023
Total
Unrestrlcted Restrl¢ted
funds
funds
2022
2022
Totsl
2023
2022
Notes
co
Donations and
grants
Qlher trading
activities
Investments
3,342
1,497
4,839
5,390
1,495
6,885
1,878
24
1,878
24
1.537
1,537
Total income
5,244
1,497
6,741
6,927
1,495
8.422
Charitable activities
5,451
1,497
6.948
6,928
1,495
8,423
Net expenditure for the
yearl
Net movement In funds
{2071
(2071
(1)
(1)
Fund balances at 1
November 2022
128,674
542
129,216
128,675
542
129,217
Fund balances at 31
October 2023
128,467
542
129,009
128,674
542
129,216
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.

GLEN RURAL COMMUNITY GROUP (ARMOY)
ids,.
chartered accountants
BALANCE SHEET
AS AT 31 OCTOBER 2023
2023
2022
Notes
Flxed assets
Tangible assets
10
123,340
123,340
Current assets
Debtors
Cash al bank and in hand
11
5.669
5,875
5,669
5,876
Net current assets
5,669
5,876
Total assets less current Ilabilitles
129,009
129,216
Income funds
Reslricled fund5
Unrestricted funds
542
128.467
542
128,674
129,009
129,216
The financial statements were approved by the Trustees on 18 January 2024
Philip Christie
Trustee
Anne Douthart
Trustee

GLEN RURAL COMMUNITY GROUP (ARMOY)
ids
Chartered accountants
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 OCT08ER 2023
2023
2022
Notes
Cash flows frorn operatlng activltles
Cash absorbed by cperations
(230)
{2)
Investlng actlvlties
Interest received
24
Net cash generated fromllused In
Investing actlvitlos
24
Net cash used in flnanclng activitles
Net decrease In cash and cash equlvalents
(206)
(21
Cash and cash equivalents al beginning of year
5,875
5,877
Cash and cash equlvalents at end of year
5.669
5,875
Relatlng to:
Danske Bank account
Progressive Building Society account
2,358
3,311
2,588
3,287
5,669
5,875

GLEN RURAL COMMUNITY GROUP {ARMOY)
ids.
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
Accountlng pollcles
Charity Informatlon
Glen Rural Community Group (Amoy) is a charity based in Northern Ireland. 11 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 Accountlng conventlon
The financial statements have been prepared in accordance with the charity's Igoveming documentl, Ihe
Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republlc of
Ireland. ("FRS 102.) and Ihe Charities SORP "Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)" (effective 1 January 2019).
The financial statements are prepared in sterfing, which is Ihe functional currency of the chatity. Monetary
amount5 in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The princip81 accounting
policies adopted are set out below.
1.2 Golng concern
Al the time of approving the financial statements, the Trustees have a reasonable expectation that the charity
has adequate resources lo continue in operational existence for the foreseeable future. Thus the Trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable
Dbjeclives.
Reslri¢led funds are subject to specific conditions by donors as lo how they may be used. The purposes and
uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met.
the amounts can be measured reliably, and it is probable that income will be received.
1.6 Expenditure
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 apportioned 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 2023
Accounting policies
{Contlnued)
1.6 Tangible flxed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net ol
depreciation and any impairment losses.
Depreciation is recognised so as lo write off the cost or valuation of assets less their residual value5 over their
useful lives on the following bases..
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 asset, and is recognised in the statement of financial activities.
1.7 Impairment of flxed assets
At each reporting end date, the charity review5 the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment Ios5. If any such indication
exists, the recoverable amount of the asset is estimated in order to detemine the extent of the impaimient
loss (if any).
1.8 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposrts held at call with banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Flnancial Instruments
The charity has elected to apply the provisions of Section 11 'Ba5ic Financial Instruments, and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recogni5ed in the charity's balance she81 when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or lo realise the asset and settle the liability simultaneously.
Baslc flnanclal assets
Basic financial assets, which include debtors and cash and bank balan￿s, are initially measured at
transaction price including transaction costs and are subsequentiy carried al amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction. where the transaction is
measured al the present value of the futLire receipts discounted al a market rate of interest. Financial assets
lassified as receivable within one year are not amortised.
Oerecognition of financlal liabllities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.

GLEN RURAL COMMUNITY GROUP (ARMOY)
ids
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCT08ER 2023
Crltlcal accounting estlmates and judgemgnts
In the application of the charity's accounting policies, the Trustees are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other Sources. The eslimales and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual result5 may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects cfily that
period. or in the period of the revision and future periods wh8re 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 dlsclosure in the financial statements.
Donatlons and grants
Unrestricted Restrl¢ted
funds
funds
Total
Unrestrlcted Restrlcted
funds
funds
Total
2023
2023
2023
2022
2022
2022
Donations and gifts
3,342
1,497
4,839
5,390
1,495
6,885
Donatlons and glfts
DAERA- Rural Micro
Capital
COVID-19 Charity
Grant
Enkalon
Donations
1,497
1,497
1,495
1,495
2,990
2,990
500
2,842
500
2,842
2,400
2,400
3,342
1,497
4,839
5,390
1,495
6.885
Other trading actlvitl85
Unrestricted Unrestricted
funds
funds
2023
2022
Fundraising events
1,878
1,537
10-

GLEN RURAL COMMUNITY GROUP (ARMOY)
ids.
¢hurtered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2023
Investments
Unrestrlcted
funds
Unr8Strlcted
funds
2023
2022
Interest receivable
24
Charitable aGtlvlties
2023
2022
Rent
Telephone
Light, Heat and Water
Small fixture5 and equipment
300
651
724
3.615
300
440
2,556
3,542
5.290
6.838
Share of support Costs (see note 7}
Share of governance costs (see note 7)
1,148
510
1,075
510
6,948
8.423
Analysls by fund
Unrestricted funds
Restricted funds
5,451
1,497
6,928
1,495
6,948
8,423
Support costs
Support Governance
costs
costs
2023
Support Governance
costs
costs
2022
Insurance
Bank Interest and Fees
Governance costs
heading 3
900
248
900
248
888
187
888
187
510
510
510
510
1,148
510
1,658
1,075
510
1,585
Analysed belmeen
Charltable activities
1,148
510
1,658
1,075
510
1,585
11

GLEN RURAL COMMUNITY GROUP (ARMOY)
ids.
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2023
Trustees
None of Ihe Trustees (or any persons connected with them) received any remuneration or benefits from the
charity during the year.
Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section
252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
10 Tangible flxed assets
Freehold land Flxtures and
and bulldlng$
fittlngs
Total
Cost
At 1 November 2022
110,847
12.493
123,340
At 31 October 2023
110,847
12.493
123,340
Carrying amount
At 31 October 2023
110.847
12.493
123,340
At 31 October 2022
110,847
12,493
123,340
11
Debtors
2023
2022
Amounts falling due within one year:
Trade debtors
12 Analysis of net assets betweèn funds
Unrestricted Restricted
funds
funds
2023
2023
Total Unrestrlcted Restricted
funds
funds
2022
2022
Total
2023
2022
Fund balances at 31
October 2023 are
represented by..
Tangible assets
Current assetsl(liabilities)
123,340
5,127
123,340
5,669
123,340
5,334
123,340
5,876
542
542
128,467
542
129,009
128,674
542
129.216
13 Related party transactlons
There were no disclosable related party transactlons during the year (2022 - none}.
12-