## St. Canice's Ladies GFC
Charity Number: NIC100108
## Financial Statements
for the period 1 February 2017 to 31 January 2018
Delivering Quality Accounting Services and Training to the Voluntary Sector
St. Canice's Ladies GFC
Trustees Report and Financial Statements
for the period 1 February 2017 to 31 January 2018
|**Contents**|**Page**|
|---|---|
|Receipts and payments account|1|
|Statement of assets and liabilities|2|
|Notes to the accounts|3|
**Prepared by Community Accountancy Services Northern Ireland**
## **St. Canice's Ladies GFC**
## **Report of the trustees for the year ended 31st January 2018**
The trustees present their report with the financial statements of the group for the year ended 31st January 2018 together with a Balance Sheet reflecting a balance of funds together with funds due and funds owed at the year end. These accounts have been prepared using the "receipts and payments" basis.
|**Reference and Administrative Information**||
|---|---|
|**Association Name:**|St Canice's Ladies Gfc|
|**Principle Address**|9 Kevin Lynch Park|
||Dungiven|
||Co Londonderry|
||BT47 4GZ|
|**Trustees**||
||Mrs Geraldine Mullan|
||Ms Nicola Mc Vey|
||Mrs Madonna Mc Keever|
||Mrs Tara Mc Vey|
||Mrs Marlene Mullan|
||Mrs Anne Mc Clune|
||Mr Benny Mullan|
## **Independent Examiners:**
Commmunity Accountancy Services Northern Ireland (CASNI) 43 John Street Cityside, Derry, Co Londonderry BT48 6JY
## **Bankers:**
Danske Bank 46 Catherine Street Livermady BT49 9DB
## St. Canice's Ladies GFC
Receipts and payments account for the period 1 February 2017 to 31 January 2018
|**2018**
**Unrestricted**
**funds**
**£**
**Receipts**
Grants and Donations
**-**
Registration Fees
**7,640**
Club Equipment
**1,967**
Fundraising
**3,077**
Other
**1,636**
**Total receipts**
**14,320**
**Payments**
Registration Fees Paid
**2,554**
Supplies
**209**
Co Board Fees
**600**
Summer Camp
**667**
Club Equipment
**7,602**
Training and Sponsorship
**124**
Accounts Fee
**151**
Sundry
**2,105**
**Total payments**
**14,012**
**Net receipts / (payments)**
**308**
Transfers between funds
**-**
**Cash fund balances brought forward**
**3,213**
**Cash fund balances carried forward**
**3,521**|**2018**
**Total**
**funds**
**£**
**-**
**7,640**
**1,967**
**3,077**
**1,636**
**14,320**
**2,554**
**209**
**600**
**667**
**7,602**
**124**
**151**
**2,105**
**14,012**
**308**
**-**
**3,213**
**3,521**|2017
Total
funds
£
450
6,841
3,651
4,895
1,599|
|---|---|---|
|||17,436|
|||2,525
-
995
1,431
8,327
719
-
1,130|
|||15,127|
|||2,309
-
904|
|||3,213|
1
St. Canice's Ladies GFC Balance sheet as at 31st January 2018
||**2018**|**2018**|2017|
|---|---|---|---|
||**Unrestricted**|**Total**|Total|
|**Fixed Assets**|**£**|**£**|£|
|Tangible Assets|**-**|**-**|-|
|**Total fixed assets**|**-**|**-**|-|
|**Current Assets**||||
|Cash at bank|**3,521**|**3,521**|3,213|
|**Total current assets**|**3,521**|**3,521**|3,213|
|**Current Liabilities**||||
|Creditors falling due within one year|**-**|**-**|-|
|**Net current assets / (liabilities)**|**3,521**|**3,521**|3,213|
|||||
|**Total assets less current liabilities**|**3,521**|**3,521**|3,213|
|||||
|**Net assets**|**3,521**|**3,521**|3,213|
|_Unrestricted Funds_|**3,521**|**3,521**|3,213|
|**Total Funds**|**3,521**|**3,521**|3,213|
I have prepared these accounts in accordance with the books, records, information and explanations supplied to me by St Canice's Ladies GFC. I have not undetaken an independent examination.
Name: MARTIN A CROSSLAND Community Accountant Community Accountancy Services Northern Ireland
Date: 16th March 2018
Signed:
The financial statements have been approved by the Trustees and signed on:
Date: 24th November 2017
2
St. Canice's Ladies GFC Notes to the accounts
for the period 1 February 2017 to 31 January 2018
## **1 Accounting Policies**
## **a Basis of accounting**
The Management Committee have opted to prepare these accounts on a Receipts and payments basis
## **b Tangible Fixed Assets**
Tangible fixed assets are capitalised if they can be used for more than one year and cost at least £500
## **c Pensions**
Contributions are charged when they become due in accordance with the scheme rules.
## **d Fund accounting**
Funds held by the organisation are either:
## **Unrestricted general funds**
These are funds which can be used in accordance with the organisation's objects at the discretion of the management committee.
## **Restricted funds**
These are funds that can only be used for particular restricted purposes within the objects of the organisation. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
## **Designated funds**
These are funds set aside by the management committee out of unrestricted general funds equal to 3 months staffing and overhead fees in the event the group has to wind down.
3