Robinson Memorial Ilospital Ballymoney (Incorporated)
Statement of Financial Activities for the Year Ended 31 December 2022
(Including Income and Expenditure Account and Statemcnt of Total Recognised Gains
and Losses)
Unre5trictcd
fund5
Endowment
funds
Total
2022
Note
Ineomc and Endowments from:
Charitable activities
(111.076)
(511.377)
(622,453)
Total income
(111,076)
(511,377)
(622,453)
xpenditurc oil:
Cliaritable actLvilies
(8,471)
(130,941)
(139,412)
Total expenditure
(8,471)
(130,941)
(139,4l2)
Net expenditure
(119,547)
(642,318)
(761,865)
Net movement in funds
(119,547)
(642.318)
(761,865)
Rcconciliation of funds
Total funds broiight foiward
1,897.921
4,517,902
6,415,823
Total fuiids carried foiwzrd
1,778.374
Unrestricted
funds
3,875,584
Endowment
runds
5,653,958
Total
2021
Note
Income 8nd Fndowments from:
Cliaritable activities
256,869
521,808
778,677
Total income
256,869
521,808
778,677
Expenditure on:
Charitable activities
(12,689)
(130,I37)
(142,826)
Total expenditure
(12.689)
(130,137)
(142,826)
Net income
244,180
391,671
635,851
Net inovement in funds
244.180
391.671
635.851
Ilcconciliation of funds
Total ￿ndS brought forward
1,653.741
4,126,231
5,779,972
Total funds carried forward
1,897,921
4,517,902
6,415,823
All ofthe chai-ity's activities derive from continuiiig opcrations during Il)e above two periods.
The funds bieakdown for 2021 is 51iown in note I l.
The notes on pages 12 to 19 fonn an integral part of these financial statements.
Page 10

Robinson Memorial Hospital Ballymoney (Incorporated)
(Registration number: N1000726)
Balance Sheet as at 31 December 2022
2022
2021
Notc
Fixed assets
Investinents
5.507.000
6,291,973
Current assets
Debtors
Cash at ballk and in hand
15.022
792,619
11,615
675,849
807,641
687,464
Creditors.. Amounts falling due within one year
10
(660,683)
{563,614)
Net current assets
146,958
123,850
Net assets
5.653,958
6,415,823
Funds of the charity:
Endowm¢nt funds
3,875,584
4,517,902
Unrcstricted income funds
Unrestricted funds
1,778,374
1,897,921
Total funds
5,653,958
6.415,823
Tlie finaiicial statements on pages 1 O to 19 were approved by the ts￿Stee5. and auihoi'ised foi- issue on 21 June
2023 and signed on their behaifby..
avid Robinsoii (President)
Trustee
n (Appoi
ted Honorary Treasurer 8 November
2022)
Trustee
nry Algeo (Honorary T
November2022)
Ttustee
asurer till 8
The notes on pages 12 10 19 form an integral part of these financial statemeiils.
Page 11

Robinson Mcmorial Hospital Ballymoney (Incorporated)
Notes to the inancial Statements for the Ycar Ended 31 December 2022
I Charity Status
'riie charily is liinited by sbare capital. incorporated in Northern Ireland.
'riic addrcss of ils iegislered office is:
23 Newal Road
)3allyLnoney
Co Antrim
BT5J 6HB
Tliese financial statenients were authorised for issue by the trustees on 21 June 2023.
2 Accounting policics
Summary of significant accounting policies 2nd key accounting c5timates
Tlie pi'incipal accouiiliiig policies applied in the preparation of these finaiicial statements are set out below.
Tliese policies liave been consisteiitly applied to all tlie years presented. unlcss otlierwise staled.
Statement of compliance
The fiiianLial slatcn)ci)ts have been prepared in accordance with Accounting and Reporting by Chaiities:
Statement of Reconiniended P17Ctice applicable to chai-ities preparing Iheii- accounts in a¢coi-dance with the
rinancial Repoiting Stai)dai-d applicable in tlie UK and Republic of Ireland (FRS 102) (effective l January
2015) - (Chai'ities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of
Ireland (fRS 102). 'fliey also cotnply with tlie Companies Act 2006 aiid Charities Act (Northern Irelaiid) 2008..
Basis of preparation
Robinsoii Mcmorial Hospital Ballyinoney (Incorporated) meets the definition of a public benefit entity under
FRS 102. Assets and liabilities al'e initially recogiiised at historical cost or transaction value unless otherwise
slalcd in Ilie relevant accounting policy notes.
Tlie pi-esenlatioii curFCllCy of these financial Statements is sterliiig. All amounts in the financial statemeiits liave
been rounded lo the ncai-cst £ l.
Going concern
The financial stdtements have been prepared on a going conceiii basis. The trustees have assessed a period of 12
months froni ihe date OF approviiig the financial statements With regard lo the appi-opi-iatenèss of the going
concei￿ assui]Iption in preparing tlie financial stalenients The trustees note that and believe tlial the company
will contiiiue as a going coiicern and be able to realise its assets and discharge ils liabiSities in the nomial course
ofbusiness.
Income and endowments
Expenditure
All expeiiditui-e is recognised once there is a legal or constructive obligation to that expenditrjre, it is probable
seiileinent is required and the amount can be measured reliably. All costs are allocated io the applicable
expendilui'e heading that aggregate similar costs lo that category. Where costs cannot be directly attribuled to
particulai. lieading5 they have been allocated on a basis consistent with the use of resouires
Page 12

Robinson Memorial Hospital Ballymoney (Incorporated)
Notes to the Financial Statcments for the Year Ended 31 December 2022
Charilable acÉivilies
Cliarilable expenditui-e comprises those costs incurred by the cliarity in the delivcry of its activities and services
for its bencficiaries. It includes both costs that can be allocaled direcily lo sucli activities and Ihose costs of an
indirect nature necessary to support them.
Taxation
The cliarity is consideied to pass tlie tests set out in Paragraph I Schedule 6 of the Fillance Act 2010 and
tlierefore it meets the definition of a chaiitable company for UK coiporation tax purposes. Accordingly, the
charity is potentially exeinpt from taxation in respect of incoine or capital gains rec¢ived witliin calegories
covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Seelion 256 of the Taxation of Chargeable
Gains Act 1992. to the extent that such income or gains are applied exclusively to charitable PULposes.
Investment properties
Investment propety is carried at fair value. derived from tlie current inarket prices foi con)pai'able real estale
detemiined by external valuers. The valuers use observable markel pi-ices. adjusted if nccessary for any
difference in tli¢ nature, location or condition of the specific asset. Changes iii fair value are recogiiised in PTofit
or loss.
ri ixed asset invcstments
Fixed asset investinents, other than pi-ogi'amine related investmenls. are iiicluded al market value at Ilic balaiice
slieet date. Rcalised gains and losses on investinents are calculated as tlie diffei-ciiee between salcs piocccd5 aiid
their market value at tlie start of the yeai-. or their subsequent cost, and are chaiEed or credited to the Statemeiit
of Finaiicial Activities in the period of disposal.
Unrealised gailis and losses represent the movement in market values during the year and are credited or
cliarged to tlie Statement of Financial Activilies based oli the market value at the year end.
Cash and cash equivalents
Cash aiid cash equivalents compi-ise cash on hand and call deposits, aiid oilier short-term higlily liquid
iiivestnieiits that are readily convertible to a known aniount of cash and ale subject to an insignificant risk of
chaiige in value.
Fund Structure
Unieslricted iiicoine funds are general funds that are available for use at the trustees discretion in furtlierdnce of
the objectives of the charity.
Page 13

Ilobinson Memorial Hospital Ballymoney (Incorporated)
Notes to the Financial Statements for the Year Ended 31 December 2022
3 Income fi'om chgritablc activities
Unrcstrieted funds
Gcncral
Other
Endowment funds
Expendable
Pertnanent
Total
2022
Dividends and interest
Rent receivable
Gainl(Loss) on Investments
Subscriptions received &
sale olbooks
Donations received
Revaluation movement
during year
50,611
77.941
53,000
128,552
47,678
14,116
5,280
(10,602)
14.116
45
45
7,540
7,540
(188,668)
(116,356)
(631.716)
(642,318)
(820,384)
{622,453)
5,280
130.941
Unrcstrictcd funds
Gencral
Other
Endowment fund5
Expendable
Permanent
Total
2021
Dividends and interest
Rent receivable
Gainl(Loss) on Tnvestrnents
Subscriptions ie¢eived &
sale of books
Donations received
Revaluation movement
during year
46,355
77,137
53,000
123,492
58,280
2,661
5,280
4,749
(2,088)
50
1,916
50
1,916
193,519
5,000
393,759
592.278
246,589
10.280
130,137
391,671
778,677
Page 14

Robinson Memorial Hospital Ballymoney (Incorporated)
Notes to the Financial Statements for the Year Ended 31 Decembcr 2022
4 Expenditure on charitable activities
Endowment
funds
Expcndable
Unrestricted fund5
General
Otlicr
Total
funds
Northein Health and Social Care
Trust
Legal and professional
Audit & Accountancy
Advertising. Prtnting & Postage
Inv¢slinent Managers fees
Secretarial Fees
Registration Fees
Bank Fee5
Property Insurance
Propeity Maintenance
Rates
Gener21 Expeiises
New facilities I l&13 Newall Road
Agent Fees
96,050
133
2,424
1,346
14.373
769
13
60
625
2,136
832
30
12,150
96,050
133
2,424
1,346
20,731
769
13
6,358
71
131
156
1,000
499
781
3,136
1.331
30
12,150
387
387
Total for 2022
6.429
2,042
130.941
139,412
Total for 2021
11.668
1,021
130,137
142,826
Page 15

Robinson Memorial Hospital Ballymoney (Incorporated)
Notes to the f4inancial Statements for the Year Ended 31 December 2022
5 Trustees remuneration and expenses
No li￿stee$, nor any persons connected with thern, have received any remuneration from the charity during the
year.
No tiuslees liave received any reimbursed expenses or any other benefits from the charity during the year.
6 I'axation
Tlie cliarity is a registered cliai-ily and is therefore exernpt from taxation.
7 Fixed asset investments
2022
2021
Investment properties
Other investinents
845.394
4,661,606
845,394
5,446,579
5,507,000
6,291,973
Investmcnt propcrtics
Investment
properties
Cost or Valuation
At l Januaiy 2022
845,394
Provision
At J l December 2022
Net book value
At 31 December 2022
845,394
At 31 Deceinber 2021
845,394
A propeity valuation wa5 carried out on 12th May 2021.The basis of this valuation wa5 Market Value.The name
and qualification of the independent valuer is Mr Gerard McAfee MRICS, FNAEA and fNAVA Registered
ValLiei', foi- and on behalf of McAfee, auctioneers & valuers
Page 16

Robinson MemoriaI Hospital Ballymoney (Incorporated)
Notes to the Financial Statements for the Year Ended 31 December 2022
Other investments
Listed
investments
I'otsl
Cost or Valuation
At l January 2022
Revaluation
Profitl(Loss) on investment disposals
Donation and income re-invested
5,451,579
5.451,579
(820,384) (820.384)
(10,602)
(10,602)
41,013
41,013
At 31 December 2022
4,661.606
4,661.606
Nct book value
At 3 l D¢cember 2022
4,661.606
4.661,606
At 31 December 2021
5.451,579
5.451,579
8 Debtors
2022
2021
Trade debtors
Prepayments
13,101
1.921
10,740
875
15,022
11,615
9 Cash and cash equRvalents
2022
2021
Cash at bank
792,619
675.849
10 Creditors: amounts falling due within one year
2022
2021
Accruals
660,683
563,614
Page 17

Robinson Memorial Hospital Ballymoney (Incorporated)
Notes to the Financial Statements for the Year Ended 31 December 2022
11 Funds
Balancc at 31
Decclnbcr
2022
Balance at I
January 2022
Incoming
resources
Resources
expended
Unrestricted
Bequests
1.897,921)
111.076
8.471
(1,778,374)
Endowment
Permanent
(4.517.902)
642.318
(3.875.584)
Expendable
(130,941)
130,941
Total endowment
(4,517,902
51 I,377
130,941
3,875,584
Total funds
(6,415.823)
622,453
139.412
(5,653.958)
B212nce at 31
Deeember
2021
Balance at I
January 2021
Incoming
r¢sourees
Resources
expended
Unrcstricted
Bequests
(1,653.741)
(256.869)
12,689
(1.897.921)
Endowment
Pennanent
(4.126,231)
(391.671)
(130,I37)
(4,517,902)
Expendable
130,137
Total endowment
(4,126,231)
(521,808)
130,137
(4,517.902)
Total fund5
(5,779,972
778,677
142,826
(6,415,823)
Bequests
The bequests relate to a Trust fund established by dced of gift from Mr Williatn Taggart and a Trust fund
C5tablished from a bequest Ironi the estate of Mr Thomas Henry, and the Gault Trust and bequests from the
estates of Genevieve Robinson. Wallace McNaul. Mrs Nancy Pullen, Mr A McITreavey. Mr E Leeper and Lena
May Bell. Other donations to be used for the benefit of the Robinson Memorial Hospital are accounted for,
including donations during the year from the late Dan Hanna. P Weir and the Rotary Club.
Page 18

Robinson Memorial Hospital BallymoThey (Incorporated)
Notes to the Financial Statements for the Year Ended 31 December 2022
12 Analysis of nct asscts between funds
Unrestrictcd
funds
General
'rotal funds at
31 December
2022
Endowment funds
Permanent
Expendable
Fixed asset investments
Current ass¢ts
Current liabilities
1,631,417
148.409
(1,451)
3,875.583
5,507,000
807,641
(660,683)
659,232
(659.232)
Total net assets
1,778,375
3,875,583
5,653.958
Unrestricted
funds
General
Total funds at
31 Dcccmbcr
2021
Endowment funds
Permanent
FJxpcndable
rixed asset investments
Current assets
Current li8bilitie5
1.774,072
125,711
(1.861)
4,517,901
6,291.973
687,464
(563,614)
561,753
561,753)
Total net assets
1,897,922
4,517,901
6,415,823
Page 19