Robinson Memorial Hospital Ballymoney (Incorporated)
Statement of Financial Activities for the Year Ended 31 December 2024
(Including Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Unrestricted
funds
Endowment
funds
Total
2024
Note
Ineome and Endowments from:
Charitable activities
205,463
533,912
739,375
Total income
205,463
533,912
739,375
Expenditure on:
Charitable activities
9,818)
(168,763)
(178,581)
Total expenditure
(9.818)
(168,763)
(l78,581)
Net income
195.645
365,149
560.794
Net movement in ￿ndS
195,645
365.149
560,794
Reconciliation of funds
Total funds brought forward
1,877,743
4,105,127
5,982.870
Tota] funds carried forwaTd
2,073,388
Unrestricted
funds
4,470,2?6
Endowment
funds
6,543,664
Total
2023
Note
Income and Endowments from:
Charitable activities
128,023
391,594
519,617
Total income
128,023
391,594
519,617
Expenditure on:
Charitable activities
(28,653)
(162,051)
(190.704)
Total expenditure
(28.653)
(162,05l)
(190,704)
Net income
99,370
229.543
328.913
Net movement itL ￿ndS
99,370
229,543
328.913
Reconciliation of funds
Total funds brought forward
1,778,374
3,875,584
5,653,958
Total funds carTi¢d forward
1,877.744
4,105,127
5.982,871
All of the charity's activities derive from continuing operations during the above two periods.
Th¢ funds breakdown for 2023 is Shown in note I l.
The notes on pages I I to 18 forn) an integral part of these fmancial statements.
Page 9

Robinson Memorial Hospital Ballymoney Uncorporated)
(Registration number: N1000726)
Balance Sheet as at 31 December 2024
2024
2023
Note
Fixed assets
Investments
6,359,980
5,827,589
Current assets
Debtors
Cash at bank and in hand
11.274
1.039.380
17,033
892,144
1,050,654
909,177
Creditors: Amounts falling due within one year
io
(866,970)
(753,895)
Net current assets
183,684
155,282
Net assets
6.543,664
5,982,871
Funds of the charity:
Endowment funds
4,470.276
4,105,127
Unrestricted income funds
Unrestricted funds
2,073,388
1.877.744
Totsl funds
6,543,664
5,982,871
For the financial year ending 31 December 2024 the charity was entitled to exemption from audit under section
477 of the Companies Act 2006 relating t0 small compani¢s.
Directors, responsibilities:
The members have not required the charity to obtain an audit of its accounts for the year in question in
accordance with section 476. and
The directors acknowledge their responsibilities for complying with the requirements of the Act with r¢sp¢ct
to accounting records and the preparation of accounts.
The financial statements on page5 9 to 18 were approved by the trustees, and authorised for issue on 25 June
2025 and signed on their behalf by..
avid Robinson (President)
Trustee
Joe
Truste
n(Ho
rary Treasurer)
The notes on pages I I to 18 forni an Inte￿aL part of these fmancial statements.
Page 10

Robinson Memorial Hospital Ballymoney Uncorporated)
Notes to the Financial Statements for the Year Ended 31 December 2024
I Charity status
The charity is limited by guarantee, incorporated in Northern Ireland, and consequently does not have share
capital. Each of the tnjstees is liable to contribute an amount not exceedin2 £1 towards the assets of the charity
in the event of liquidation.
The address of its registered office is:
23 Newal Road
Ballyrnoney
Co Antrim
BT53 6HB
These financial statements were authorised for issue by the trustees on 25 June 2025.
2 Aeeounting policies
Summary of significant accounting policies and key aceounting estimates
The principal accounting policies applied in the preparation of these f￿anCIal statements are set out below.
These polici¢s have been consistently applied to all the vears PTesented: unless otherwise stated.
Statement of complianee
The fmancial statements have been wepared in accordance with Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing theiT accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (eff¢ctive l January
2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102), They also comply with the Companies Act 2006 and ChaiLties Act (North¢rn Ireland) 2008..
Basis of preparation
Robinson Memorial Hospital Ballymoney (Incorporated) meets the definition of a public benefit entity under
FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise
stated in the relevant accounting policy notes.
The presentation currency of these financial statements is sterling. All amount5 in the financial statements have
been rounded to the neaTest £1.
Going concern
The financial statements have been prepaTed on a going conc¢rn basi5. The trustee5 have assessed a period of12
months from the date of approving the fmancial staternents with r¢gard to the appropriateness of the going
concern assumption in preparing the financial statements.The trustees note that and believe that the company
will continue as a going concern and be able to Tealise its a55ets and discharge its liabilities in the norn)al course
of business.
Pagell

Robinson Memorial Hospital Ballymoney (Incorporated)
Notes to the Financial Statements for the Year Ended 31 December 2024
Income and endowments
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement IS Tequired, and the amount can be rneasured reliably. All costs are allocated to the applicable
expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to
particular headings they have been allocated on a basis consistent with the use of resources
Charilable aclivilies
Charitable expenditure comprises those costs incu)Ted by the charity in the delivery of its activities and services
for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an
indirect nature necessary 10 support them.
Taxation
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and
therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the
charity is potentially exempt from taxation in respect of income or capital gains received within categories
covered by Chapter 3 Part I l of the Corporation Tax Act 201 O or Section 256 of the Taxation of Chargeable
Gains Act 1992. to the extent that such income or gains are applied exclusively to charitable purposes.
Investment properties
Investment property is carried at fair value, derived from the current market prices for comparable Teal estate
detennined by external valuers. The valuers use obseTvable rnarket prices, adjusted if necessary foT any
difference in the nature. location OT condition of the specific asset. Changes in fair value are recognised in profit
or loss.
Fixed asset investments
F"ixed asset investments. other than prograrnme related invesfmenis, are included at market vatue at the balance
sheet date. Realised gains and losses on investments are calculated as the difference between sales proceeds and
their market value at th¢ start of the year. or their subsequent cost, and are charged or credited to the Ststement
of Financial Activities in the period of disposal.
Unrealised gains and losses represent the movement in market values during the year and are credited or
charged to the Statement of Financial Activitie5 based on the market value at th¢ year end.
Cash and cash equivalents
Cash and casn equivalents comprise cash on hanii and call deposits, and other short-term highly liquid
investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of
change in value.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustee5' discretion in fijrtherance of
the objectives of the charity.
Page 12

Robinson Memorial Hospital Ballymoney (Incorporated)
Notes to the Financial Statements for the Year Ended 31 December 2024
3 Income from charitable activities
Unrestricted funds
General
Other
Endowment funds
Expendable
Permanent
Total
2024
Dividends and interest
Rent receivable
Gainl(Loss) on Investments
Subscriptions received &
sale of books
Donations received
Revaluation movement
during year
84,996
115,763
53,000
200,759
58,190
428,456
5.190
428,456
235
235
2,743
112.298
(63,307)
48,991
200.272
5.190
168,763
365,149
739,374
Unrestricted funds
General
Other
Endowment funds
Expendable
Permanent
Total
2023
Dividends and interest
Rent receivable
Gainl(Loss) on Investments
Subscriptions received &
sale of books
Donations received
Revaluation movement
durina year
65,186
108,926
53,125
174,112
58,440
369.820
5,315
135.555
234,265
105
4,930
105
4.930
(81 n68)
122.708
(87 7QO)
5.315
162.051
229.543
519,617
Paoe 13

Robinson Memorlal Hospital Ballymoney (Incorporated)
Notes to the Financial Statements for the Year Ended 31 December 2024
4 Expenditure on eharitable 2etivities
Endowment
funds
Expendable
Unrestricted funds
General
Other
Total
funds
Northern Health and Social Care
Trust
Legal and professional
Audit fee
Advertising, Printing & Postage
Investment Managers Fees
Secretarial Fees
Web51te hosting &design &
Tegistration fees
Bank Fees
Property Insurance
Property Maintenance
Rates
Charitable Donations
GeneTal Expenses
New facilities 11&13 Newall Road
Agent Fees
114,971
2,220
2,520
798
20,341
764
114,971
2.220
2,520
798
27,265
764
6,924
80
33
2,092
80
103
2.444
670
1.487
920
307
23,708
325
70
352
670
558
929
920
307
23,708
325
Total for 2024
7,914
1.905
168,763
178,582
Total for 2023
2,i190
l(i2,Oi I
190.704
Page 14

Robinson Memorial Hospital Ballymoney (Incorporated)
Notes to the Financial Statements for the Year Ended 31 December 2024
5 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the
year.
No trustees have received any reimbursed expenses OT any other benefits from the charity during the year.
6 Taxation
The charity is a registered charity and is therefore exempt from taxation.
7 Fixed asset investments
2024
2023
Investment properties
Other investments
905.394
5.454,586
6,35y,y8U
845,394
4.982,195
5,827,589
Investment properties
Investment
properties
Cost or Valuation
At l January 2024
Revaluation
845,394
60,000
At 31 December 2024
905,394
Provision
At J l December 2024
Net book value
At 31 December 2024
905,394
At 31 December 2023
845.394
A property valuation was carried out on 10 January 2025.The basis of this valuation was Market Value. The
name and qualification of the independent valuer 15 Mr Daniel Henrv MRICS and is qualified for the purpose of
the valuation in accordance with January 2020 edition of the RICS Valuation-Global Standards incorporating
the IntemationaE Valuation Standards
Page 15

Robinson Memorial Hospital Ballymoney Uncorporated)
Notes to the Financial Statements for the Year Ended 31 December 2024
Other investments
Listed
investment5
Total
Cost or Valuation
At l January 2024
Revaluation
Profitl(Loss) on investsnent disposals
Donation and income Te-invested
4,982,193
(11,009)
428,456
54,944
4,982,195
(11,009)
428,456
54,944
At 31 December 2024
5.454,586
5,454,586
Net book value
At 31 December 2024
5,454,586
5,454,586
At 31 December 2023
4,982,195
4,982,195
8 Debtors
2024
2023
Trade debtors
Prepayments
10,173
I,ioi
8,296
8,737
11,274
17,03i
9 Cash and cash equivalents
2024
2023
Cash at bank
1,039,380
892,144
10 Creditors: amounts falling due within one year
2024
2023
Accruals
866,970
753.895
Page 16

Robinson Memorial Hospital Ballymoney (Incorporated)
Notes to the Financial Statements for the Year Ended 31 December 2024
11 Funds
Balance at 31
December
2024
Balance at I
January 2024
Incoming
resources
Resources
expended
Unrestricted
Bequests
{1,877,743)
(200,272)
(5.191)
7,914
(2,070,101)
(3,287)
Bequest Property
1,904
Total unre¥triLt¥d
(I,S77,74J)
(205,46J)
(2,07J,J88)
Endowment
Pernianent
(4,105,127)
(365.149)
(4.470.276)
Expendabl¢
(168,763)
168,763
Total endowment
(4,105.127)
{5,982,870)
(533.912)
168,763
(4,470,276)
Total funds
(739,37ij
178,581
((i,543.664)
Balance at 31
December
2023
Balance at I
January 2023
Ineoming
resources
Resources
expended
Unrestricted
Bequests
(1,778,374)
(122.707)
26,563
(1.874,518)
Bequest Propety
(5.316)
2,090
(3,226)
Total unrestricted
(1,778.374)
(128,023)
28.653
(1,877,744)
Endowment
Pennanent
(3,875,584)
(229.543)
(162.051)
(4,105,127)
Expendable
162,051
Totsl endowment
(3.875,584)
(391,594)
(519,617)
162,051
{4,105.127)
(5,982,871)
Total fund5
(5,653,958)
190.704
Bequests
The bequests relate to a Trust Fund established by deed of gift from Mr William Taggart and a Trust Fund
established from a bequest from tP.e -s+iate of N4r Thomas Her,ry, &Md tP.- Gault Trust bequests from tF.e
estates of Genevieve Robinson, Wallace McNaul. Mrs Nancy Pullen, Mr A Mcllr¢avey. Mr E Leeper and Lena
May Bell. Other donations to be used for the benefit of the Robinson Metnorial Hospital are accounted for.
including donations during the year from the late Dan Hanna, P Weir and the Rotary Club.
Page 17

Robinson Memorial Hospital Ballymoney (Incorporated)
Notes to the Financial Statements for the Year Ended 31 December 2024
12 Analysis of net assets between funds
Unrestricted
funds
General
Total funds at
31 December
2024
Endowment funds
Permanent
Expendable
Fixed asset investments
Current assets
Current liabilities
1,889,704
185,085
(1.401)
4,470,276
6,359,980
1,050,654
(866,970)
865,569
{865.569)
Total net assets
2,073,388
4,470,276
6,543,664
Unrestricted
funds
General
Total funds at
31 Deeember
2023
Endowment funds
Permanent
Expendable
Fixed asset investments
Current assets
Current liabilities
1,722,462
155,924
(642)
4,105,127
5,827,589
909,177
(753,895)
753.253
(753,253)
'I"otal net assets
1.817,144
4.105,127
i,982,871
Page 18