COMPANY REGISTRATION NUMBER: N1044737 CHARIry REGISTRATION NUMBER: NIC100447 Schomberg Society Kilkeel Limited Company Limited by Guarantee Unaudited Financial Statements 31 March 2023 PHELAN & PRESCOTT Chartered accountants River House Home Avenue Newry Co Down BT34 2DL
Schomberg Society Kilkeel Limited Company Limited by Guarantee Financlal Statements Yéar endod 31 March 2023 Pag8 Trustees, annual report (incorporating the director's report) Independent examiner's report to the trustees Statement of financial actlvities (Including income and expenditure account) Statement of financial position 10 Notes to the financial statements 12
Schomberg Society Kllkeel Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the DlreGtor'5 Report) Year ended 31 March 2023 The trustees. who are also th8 directors for the purposes of company law. present their report and the unaudited financial statements of the charity for the year ended 31 March 2023. Rgforonc? and adrnlnlstrative dotalls Regl$tored charlty nam• Schomberg Society Kilkeel Limited Charity registration number Company regl8trallon number N1044737 Prlnclpal offlce and reglsterad 8-12 Newcastle Street offlc• Kilkeel co.oown BT344AF Th• tru•t•o• A Burns R Hulchlnson E Nicholson G Crozier S Hutchinson J Shields R McKee S Nicholson A Bums Indopondont •xamln•r Phe18n & Prescott Rlver House Home Avenue Newry Co Down BT34 2DL
Schomberg Society Kilkeel Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (Confinued) Year ended 31 March 2023 Structure, governance and management The company is governed by a Memorandum and Articles of Association dated 20th November 2002. The liability of each member of the Gompany is limited lo a contribution, in the event of the winding up of the Society, of an amount nol exceeding £1. Th8 Dir8clors hav8 ultimate 18gal and financial r8sponsibilily for the affairs of Schomb8rg Society Kilke81 limit8d . although th8 management of the organlsation is generally delegal8d to the staff and volunteers. The Oirectors of the company at 31 March 2016, all of whom have been in office in the period ended on that dale, unless otherwise stated, are listed below. Schombarg Society Kllkeel Limited has an induction program for new directors In which directors a advised of their legal responsibility and requir8mants. Charitable status The society has been granted charitable status for taxation purp056s and it$ registered number is NIC100289. The Society has been grant8d charitable status by the Ch8rit18s Commission For Northern Irelan(J Number NIC100447 Rlsk management The directors have actively reviewed the major risks whlch the charlly Is exposed lo and h8ve In pl8ce sufflGient resources In Ihe event of adverse condltions. The directors have also ex8mined other business and operational risks, which the charity faces and confirm that it hag established systems to mitigate slgnificant risks.
Schomberg Society Kilkeel Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (contlnuedj Year 8nded 31 March 2023 Objectlves and actlvltles Charrtable purposes The Companrfs Objects are to advance the education of the people of the Kingdom of Mourne, Ulster and beyond, concerning the History, Cullure, Arts and Leisure, Literature, Language, Song, Dance, Drama and Musical Heritage of the Ulster Scots Tradition. Public b8nefits Th8 dir8cl ben8fils which flow from th8 purpose of our organisation are an Incr8a58d knowledge and awareness of Ulster-scots within the Kingdom of Mourne, Ulster and beyond. Through training, workshops and events organis8d by our Society, many people both locally and from further afield obtain experience and qualifications in the mu81¢, dance, hlstory and cultur8 of the Ulster-scots and enjoy many of the social aclivilies associated wilh the Schombarg Society. These benefits are 8vid6nced through the 18rge numbers of people attending our events including festivals, summer schools, workshops, training courses and other activltl8s which hav8 b88n well documented in both the local press and m8dia and through regular evaluations and monitoring. We can see no harm by any of the purposes of our charity. The charity's beneficiarles ar8 th8 g8n8ral public in the Klngdom of Mourne, Ulster and b8yond. The only private b8n8fil flowing from this purpos8 Is that there is a small number of paid staff and this is incidental and necessary because they ar8 8ss8nlial lo the running of the organisalion. What your org8nlsatlon does The Schomberg Soclely Kilkeel Ltd carries out the role of an umbrella and support org8nlsBtlon In the greater Mournes. The Society has establlshed an Ulsler-scots hub at Relvers House that Is the organisational base for numerous and concentrated Ulster-S¢o15 activities. These activities include.. Classes and luilion in highland and lowland dance, fiddle, fife, flute, accordion, pipes and drum. Classes In drama, arts and crafts. Provislon of Ulster-scols Summer Schools. Provldes a saf8 environment for senior ciliz8ns, ladies and mens groups, victims and veterans who meet regularly in Reivers House. Workshop and training programmes.. child protection, first aid, foodlhygiene, good gov8rnance. event safety, marshalling, d8signated p8rson, 81c. Engagement wSth local primary schools and youth org8nls8tlons and assistlng both taachers and puplls to b8 awar8 of thelr Ul$ter Scots Traditions and culture, and to make available to schools elements of our Ulster-scols dance, music and language by means of specially prepared workshops. The Society also endeavors to reach out to other communltles who tradltionally have Ilttle awarenes5 or knowledg8 of Ulsl8r-Scots by us8 of literature and informative talksldebatos and outreach programme8. The Society also uses networking with all existing and potential community groups lo further generate an interest in all things Ulst8r-Scols. All of the above are carri8d out by the Society in eith8r a voluntary capacily or subsidised by grant funding and are not for profil. The Society organises and runs an annual Ulster-scots festival with numerous activities altracting large crowds which is free to everyone, along with other cultural festivals and events Ihroughout the year,
Schomberg Society Kilkeel Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (cofttlnuwd) Year ènded 31 March 2023 Achlevements and performanc• During (h¢ year the following aLlivities were undertaken in furthLranee of the chiirities aiins and obj¢Ltives. Overseen the organising of an annual Ulster-scots Festival. Overs8en 2 broadcasts of Ulsler-scots Radio Station in July and December. Facilita18d a range of training courses to marching bands, community groups and cultural soci8tl8S first aid. child pro18cb'on, marshalling, event safely, food and hygiene, designated person, leadership. media training. Facilitated educational youth oulrgach programrnes in local schools, churches and youth groups. Facilitated a range of Ulsler-scots tuition classes In music and dance. Overseen the dellvery of Ulsler-scots Summer Schools. Produced Ulster-scols literature and exhibltlons. Organised a number of Ulster-scols cultural events induding Burns Events. Gath8rings and Concerts. Overseen the erectlon and unvelllng of 8 slalue In honour of Vlctorla Cross Vvlnner Robert Hlll Hanna.
Schomberg Society Kilkeel Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (¢ontlnue(Q Year ended 31 March 2023 Flnanclal revlew Financial review The flnanclal stat8ments ar8 prèsented in th8 Standard format requlred by the Stat8menl of Recommended Practice "Accounting and Reporting by Charities. issued in March 2005 and cover the activlt18s of S¢homb8rg Society. The Stat8ment of Flnanclal Actlvlties (SOFA) shows the gross IncAJm8 from all sources. Overview The charlly reallsed a surplus of £75,054 In Ihe perlod from the year ended 31st March 2023. This perforrnance was expected by the 8oard of Directors. Incomlng resources Total incoming resources for the year w8re £375.736 Dlrect charitable exp8nditur8 In total £300,682 was spant on th8 activities of the charity. 881ance Sheet Net funds where positive al £280,102 as at 31 March 2023 Reserves Policy The re88rwes policy was agreed following an analy818 of th8 followlng four factors.. Forèc88ts for levels of income in future years laklng into account the reliability of each source of incom8 and the prospects for opening up new sources,. Forecasts for expenditure In the future years in the basis of planned activity-, Analysis of any future needs, opportunities. Gonlingencies or r18ks, the effects of which are not likely to be mel out of income if and when they arise,. and Assessment of the likelihood of each of those needs and risks materiallsing and the pot8ntSal consequ8nc8s of Ihe charity not being able to meet them. The charity's pollcy is to maintain a level of free reserves which meets the needs of the Charity both at the current time and for the foreseeable future. Free reserv88 are ils total funds excluding restricted funds, designated funds or Income funds which can only be released by disposing of fixed assets held for charity u50. Investment Policy Aside from retaining a prudent amount in reserves each year most of the charity's funds are lo be Spent in the short term 30 there are few fund8 for long temi Investment. Plans for future perlods Schomberg Society Kilkeel Limited will continue to provide sevices in line with its aims and objectives. Events after the end of the reporting perfod There are no posl balance sheel events requiring disclosures in the financial statements
Schomberg Society Kilkeel Limited Company Limlted by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continu•d) Year ended 31 March 2023 Small company provlslon8 This report has been prepared in accordance with the provisions applicable to companies onb'tled to the small companies exemption. The trustee3' annual report was approved on 30 January 2024 and signed on behalf of the board of trustees by: R McKee Trustee
Schomberg Society Kilkeel Limited Company Limited by Guarantee Independent Examinerfs Report to the Trustees of Schomberg Society Kilkeel Limited Year ended 31 March 2023 I report to Ihe trustees on my exarnination of the financial ststemenis of Schomberg Society Kilkeel Limited I'the charity,) for the year ended 31 March 2023. Rosponslbllltlos and ba81s of report As the trustees of the company land also its direclor8 for the purposes of company lawl you are responslble for the preparation of the financial statements in accordance wilh the requirements of Charities Acl (Northern Ireland} 2008 (the '2008 Act'l and the Companies Act 20061'lhe 2006 Act,). You are satisfied that the accounts of the company are not required by charity or company law to be audited and have chosen instead to have an independent examination. Having satisfied rnyself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are gligible for ind8p8ndenl examination, I report in respect of my exarnin81ion of the charllls financial statements as carrled out under sectlon 65 of the 2008 Act. In carrying Out my examination I have followed the general Directions given by the Charity Commission for Northern Ireland under section 65191(b) of the 2008 Act. Indepond•nt •xamlnorfs gtalom•nt Since the ¢harily's gross income exceeded £250,000 your examiner musl be a member of a body Ilsted in section 65 of the 2008 Act. I confirm that l am qualified to undertak8 the examlnatlon b8caus8 l arn a member of Chartered Accountants Ireland, which is one of the lis18d bodi8S. I have completed my examination. I confirm that no matters have come to my attention in connection with My examination giving m8 Cause lo believe that in any material respect.. a¢counllng records waro nol kepl in respect of the charlty as requlred by sectlon 386 of the 2006 Act., or th8 flnanclal statements do not accord wlth those records; or the financial statements do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a 'truo and fairf view which is not a matter considered as part of an independent examination., or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charilles appll¢8ble to charlties preparing thèlr accounls in accordance wlth the Flnancial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021.
Schomberg Society Kllkeel Limited Company Limited by Guarantee Independent Examinerfs Report to the Trustees of Schomberg Soclety Kilkeel Llmlted (continu•dJ Year ended 31 March 2023 I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. Phelan & Pre5coIt Chartered Accountants River House Home Avenue Newry Co Down BT34 2DL 30" January 2024
Schomberg Soclety Kilkeel Limited Company Limited by Guarantee Statement of Flnanclal Activities {includlng income and expenditure account) Year ended 31 March 2023 2023 Restricted funds Total funds Total funds 2022 Unrestricted funds Incomo and •ndowm•nts Donations and legaci8S Other trading activities Investment income 8,939 31,129 21,424 314,244 323,183 31,129 21,424 208,939 20,990 8,606 Total In¢om• 81,492 314.244 375,736 238,535 Expendlture Expenditure on raising funds.. Costs of raisSng donatlon8 and 18gacl8S Expendlture on charltable a¢tlvltles Total expendltur• 4,668 27,105 4,668 296,014 7,419 16T,966 9,10 268,909 31,773 268,909 300,682 175,385 Net Incomo and not mov•mont In funds 29,719 45,335 75,054 63,150 Roconclllatlon of fund8 Total funds brought forward Tolal fund8 carrlad forward 39,370 69,089 165,678 205,048 130,875 211.013 280,102 193,825 The statement of flnanclal actlvltles Include8 all galns and108s88 recognlsed in the year. All incorne and expenditure derlve from continuing activities. The notes on pages 12 to 20 fomi part of these flnanclal 8tatemontB.
Schomberg Society Kilkeel Limited Company Limited by Guarantee Statement of Financial Positlon 31 March 2023 2023 2022 Not• Flxed assats Tangible fixed assets 14 181,612 123,346 Current asset8 Debtor8 Cash at bank and In hand 15 7.810 114,887 310 118,662 122,697 118,972 Credltorn: amount• falllng due wlthln ono year Not curr•nt assets 16 1.280 24,133 121.417 94,839 Total asset8 le88 curr•nt118bllltleJ 303,029 218,185 Crodltor•: amounts falllng due aftor morg than on• y•ar Net 888ets 17 22,927 24,360 193,825 280,102 Funds of the charlty Reslricled funds Unrestrictèd fund8 211,013 69,089 154,445 39,380 Total charlty funds 20 280.102 193,825 For the year endlng 31 March 2023 the charSty was entit18d to 8xemptlon from audll under sectlon 477 of the Companie8 Act 2006 relatlng to small companias. Directors, responsibiliti88'. The members have not requlred the company to obtain an audlt of Its linanci81 statements for the year in question in accordance with section 476.. Th8 dir8¢tors acknowledg8 th8lr r8sponslbililles for complylng with the requlrements of thè Act wlth r8sp8ct to accounting r8cords and the preparation of financial slatgments. The88 financial statements hav8 been prepared in accordance with the provisions applicable to cornpani88 subj8Ct to the small compani8s' regime. The statement of financial position continues on the following page. The note• on pages 12 to 20 form part of thele flnanclal statement8. 10
Schomberg Society Kilkeel Limited Company Limited by Guarantee Statement of Financial Posltion (eontlnued) 31 March 2023 Th8$8 financial statements W8re approvad by th8 board of trustees and authori88d for issue on 30 January 2024, and are signed on behalf of the board by,. G Crozièr Trustee R McKee Trustee The notes on page8 12 to 20 form part of Ihe8e flnanclal slatements. 11
Schomberg Society Kilkeel Limited Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2023 General Informatlon Th8 charity is a public benefit entity and a private company limited by guarantee, registerèd in Northern Ireland and a reglstered charity in Northern Ireland. The address of the registered office is 8-12 Newcastle Street, Kilkeèl, Co.Down, BT344AF. Ststement of compllanc• Those financi81 slalemenls have been prepared in compliance with FRS 102. The Financial Reporting Standard applic8ble in the UK and the Républic of Ireland,, the Statement of R8commended Practice applicable lo chanli85 preparing th8ir accounts in accordance with the Financial Reporting Standard applicable in the UK and R8publlc of Ireland {FRS 102) (Charities SORP IFRS 1021) and the Companles Act 2006. Accountlng pollcle8 Bas1• of prnparatlon The financial statements have been preparad on the historical cost basis, as modifi8d by the rev81uallon of certaln financlal assets and liabllilles 8nd Investment properties measured at fair value through income or expendlture. The financial statements are prepared in sterling, which is the functional currency of the entity. Golng concern There are no material uncertaint188 about the charltls ability to continue. Fund accountlng Unrestrlcted funds ar& ava118ble for use at the dlscretlon of the trustee8 to further any of the charlty's purposes. D8$ignated fvnds are unrestricted funds earmarked by the trustees for particular future project or commitrn8nt. Restricted funds are subjected to reslrfctions on thelr expendlture dedared by the donor or Ihrough the terms of an appeal, and fall into one of two sub-classes: restricted income fiJnds or 8ndowment funds. 12
Schomberg Society Kilkeel Limited Company Limited by Guarantee Notes to the Financial Statements (contlnuod) Year ended 31 March 2023 Accountlng pollcles (¢onllftu•dJ Incomlng resource8 All incoming resources are included in th6 statement of financial aclivit18s when entitlemant has passed to the charity.. it is probable that thè aconornic benefits associated with the transaction wlll flow to the charlty and Ihe amount can b8 rellably measur8d. Th8 followlng speclfic policies are applied to partlcular cat8gorles of income.. Income from donatlons or grants is recognised when there is evidencA of entitlement to the glft, recelpi Is probable and Its amount can be measured reliably. gacy income is recngnised when receipt is probab18 and enlillement is established. income from donated goods is measured al the fair value of the goods unless this is impractlcal lo me8sure reliably, in which case the value is deriv8d from the cost to the donor or the estimated resale value. Donated faciliti8$ and services are rgcognis8d in the accounts when received if the value can be rellably measured. No amounls are Included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted 88rvice. This is classified as unrestricted funds unless there is 8 contractual requirement for it lo be Spent on a particular purpose and returned if unspent, in which case il may be regarded as restrlcted. Rosources oxpended Expenditure is recogn18ed on an aceruals basls as a liablllly Is Incurred. Expendlture includes any VAT whlch cannot be fully recovered, and Is classifi8(l under headings of the statement of financial actlvltl89 lo whlch il relates.. expendltur8 on r8lslng funds Includes the costs of all fundr8lslng acllvltles, events, nonwcharltable tradlng acllvllles, and the sale of donated goods, expenditure on charitable activities includes all costs incurrod by a charity in undertaking activitles that further its charitabl8 airn5 for the benefit of its benefl¢laries. including thos8 support costs and co8ts relating to Ihe governance of the charity apportioned to charitable activities. other expenditure Sncludes all expenditure that is neilher related to raising funds for the charity nor part of its expenditure on charltable 8Ctlvities. All costs are allocaled to expenditure cat8gories refl8Cting the use of the resource. Dir8Ct costs attrlbutab18 to a single actlvlty are albcat8d dlrectly lo that aclivily. Shared costs are apportioned beeen the activities they contribute to on a reasonable, justifiable and consislenl basis. Tanglblo a88•t8 Tangible assets are InStlally recorded al cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets Carried al revalued amounts are recorded at the fair value at the dale of revaluation less any subsequenl accumulalod depreciation and subsequent accumulated impairment losses. 13
Schomberg Society Kilkeel Limited Company Limited by Guarantee Notes to the Financial Statements (Contlnued) Year endod 31 March 2023 Accountlng pollcles (¢ontlmi•d) Tanglble assets (¢ontlnu•d) An Incr8ase In th8 carrylng amount of an asset as a result of a revaluation. Is r8cognised in othér recognised gains and losses, unless il reverses a charge for impairment that has previously been recognisèd as expenditure within the statgrnenl of flnancial activitl8s. A decreas8 in the carrylng amount of an asset as a result of r8valuation. is r8cognised In other recognised gains and losses, except to which it off8els any Pfeviou$ revaluation gain, in which case Ihe loss is shown within other recognised gains and losses on the statement of financial activities. Deprnclatlon Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual valug, over the useful economic lrfe of that asset as follow8.. Long leasehold property Impalrmant of flxod as8ot8 5010 straight line A revlew for Indlcalors of irnpairment Is c8rrled out at each reportlng dale, wllh the recoverable amount being estimated where such indicators exist. Where the carryJn9 value exceeds the recoverable amount, the asset 18 irnpaired accordingly. Prior impairments are also reviewed for possible reversal 81 each reportlng dale. For tha purposes of Impairment teslino, when il is not possible to eslirnate the recoverable amount of an individual asset. an eslirnat8 18 made of the recoverable amount of the cash-generaling unil to which the asset belongs. The cash-generaling unil is the smallest identifiable group of assets that includes the asset and generates cash inflows that larg@ly Independ8nt of the cash inflows from oth8r assets or groups of assets. For Impalrment testlng of goodwlll, the goodwlll acqulred In a buslness comblnallon Is, from the acqui8ltion date, allocal8d to each of the ¢a$h*enerating units Ihal are expecled to benefit from the synergies of the cornbination, irrespective of whether other assets or liabilities of the charity are asslgned to those units. Gov•rnment grant8 Government grants are recognised at the fair value of the asset received or r8ceivablo. Grants are not recognised until the is reasonable assurance that the charlty will comply wrth the conditions attsching to them and the grants will be received. Where the granl does not impose specified future performance-related condltlons on the recipion( it is recognised in income when the grant proceeds are r8¢eived or receivable. Where the grant do88 impos8 specified future performance-related conditions on the recipient, il is recognised in income only when the P8rformance-r81aled conditions have been m8t. Where grants r8ceived are prior to satisfylng the revenue recognitlon criteria, they are recognised as a 14
Schomberg Society Kilkeel Llmlted Company Limited by Guarantee Notss to the Flnancial Statements (continuèdj Year ended 31 March 2023 Accountlng policies (contlnuo FlnanGlal Instruments A flnanclal asset or a flnanclal Ilablllty Is recognls8d only when the charfty becomes a party to the contractual provisions of the inslrument. Basic financial inslrum8nts are initially r8COgnised at the amount rec8ivabl8 or payable including any relalod transaction costs. Current assets and current liabilities are subsequently measured al the cash or other considerallon expected to be pald or recelved and nol dlsGounted. Debl instrumenls are 8ubsequenUy measured 81 amortlsed cost. Where investments in 8har88 are publicly traded or their fair value can otheThvi8e be measured reliably, the investment is subsequently measured al fair value with changes In fair value recognised in income and expenditure. All other such investments are subsequently measur8d at cost less impairment. Other finan¢lal instruments, Includlng derlvatlves, are SnStlally recognlsed al falr value. unless payment for an asset is deferred beyond normal business terms or financed al a rale of interest that is not a market rate, in which case the asset is measured at the present value of the future payrnenls discounted at a market rate of Interest for a similar debt Instrument. Othar financial inslrurnents are subsequently measured al fair value, with any changes recognised in the statement of financial acllvltles, with the exceptlon of hedging instruments in designated hedging relationship. Financial assets that are measured at cost or amortlS8d cost are reviewed for objectiv8 8vidence of Impalrment at the end of e8ch reportlng d8te. If there is obiectlvg evidence of Impalrmenl. an Impalrment loss Is recognlsed under the 8ppropriate he8dlng In the s181ement of flnancial actlvlties in which the Inltial gain was recognised. For all equlty In8trum8nts regardless ol slgnlflcan¢e, and other financlal asset$ that are Sndividually signiflcanl. these are 8838$58d individually for Smpalrmenl. Other flnancSal assels are either assessed individually or grouped on the ba818 of 8irnilar credit risk characteristics. Any rev8rsals of impairment are recognised immediately, to the extent that lh8 reversal do8s not result in a carrying amount of the financial asset that 8XC88ds what Ihe carrying amount would hav8 been had the impairment not previously been recognised. Llmltod by guaranteo The Society Is a Company Llmlted by Guar8nlee, not havlng a share capltal. 15
Schomberg Society Kilkeel Limited Company Limited by Guarantee Notes to the Financial Statements (¢ontlnuedJ Yaar ended 31 March 2023 Donatlons and logacles Unrestricted Funds Reslricted Total Funds Funds 2023 Donatlons Donations 8,939 8,939 Grant• Grants receivable Department of foreign afairs and trad8 -reconciliation fund Covid Grants 280,849 280,849 33,39S 33,395 8,939 314,244 323,183 Unrestricted Funds Reslricled Total Funds Funds 2022 Donatlon• Don8tlons 32,015 32,015 Grant• Grants receivabla Department of foreign afair8 and trade -reconciliation fund Covld Gran18 139,523 139,523 33,901 3,500 33,901 3,500 32,015 176,924 208,939 Olher tradlng actlvltl•• Unrestricted Total Fundg Unrestricted Total Funds Funds 2023 Funds 2022 Sponsorships Fundraising events 6.325 24,804 6,325 24,804 4,400 16.590 4,400 16,590 31,129 31.129 20,990 20,990 Inv••tmenl InGome Unrestrlct8d Total Funds Unrestrlcted Total Funds Funds 2023 Funds 2022 Rent Received 21,424 21.424 8,606 8.606 16
Schomberg Society Kilkeel Limited Company Limited by Guarantee Notes to the Financlal Statements (continued) Year ended 31 March 2023 Costs of ralslng donatlons andlogaclos Unrestricted Total Fund¥ Unrestricted Total Funds Funds 2023 Funds 2022 Costs of raising donations and legacies 4.668 4,668 7,419 7.419 Expenditure on charltabla actlvitleo by fund type Unre3tricled Funds Re31ricled Total Funds Funds 2023 Impravlng communlty Infrastructure Ulster Scots history, drama, ,musi¢ and language Support co818 6,275 10,281 10,549 104,471 124.632 39.806 110,746 134,913 50,355 27,105 268,909 296,014 Unrestricted Funds Reslrlcled Total Funds Funds 2022 Improvlng community Infr8StructiJre Ulster Scots hlstory, drama, ,muslc and langu8ge Support costs 10,615 2,742 17,642 30,999 92.687 20,904 23,376 136,967 103,302 23,646 41,018 167,966 10. Expendlture on charltabl• actlvltles by actlvlty typ• Activities undertaken directly Support costs Total funds 2023 Total fund 2022 Acllvily lype 1 Ulster Scots history, drama, ,music and language Governance Co8 110,746 31,990 142,736 129,056 134,913 134,913 18,365 23,646 15,264 18,365 245,659 50,355 296,014 167,966 11. Nét In¢om• Net Income Is stsled after ch8rgingllcredltlngJ'. 2023 2022 Depreclation of tsngible flxed assets 15,604 11.233 17
Schomberg Society Kilkeel Limited Company Limited by Guarantee Notes to the Financlal Statements (contlnu•d) Year endod 31 March 2023 12. Staff costs The total staff costs and employoe benefits for thé réporting period are analys&d as follows., 2023 2022 Wages and salaries 64,340 61,635 The average head count of employees during the ye8r was 212022.. 2). No employe8 received employee benefit8 of more than £60,000 during the year12022.' Nil). 13. Trusteo romuneratlon and expen88$ The directors r8C81v8d no remuneration during th8 year. 14. Tanglblo flxed a•s¢t• Long 188sehold Flxtur8s and property fittings Statue Total Cost Al l Apnl 2022 Additions 111,247 43,547 113,424 13,555 30,327 238,226 73.874 At 31 March 2023 154,794 113,424 43,882 312,100 Deproclatlon At 1 April 2022 Charge for the year At 31 March 2023 44,948 7,739 69,936 5,671 114,884 15,604 2,194 52,687 75.607 2,194 130,488 Carrylng amount At 31 March 2023 102,107 37.817 41,688 181.612 At 31 March 2022 86,299 43,488 13,555 123,342 15. Dobtorn 2023 2022 Trade debtors Prepayment8 and accrued income 7.500 310 310 7,810 310 18
Schomberg Society Kilkeel Limited Company Limited by Guarantee Notes to the Financial Statements fcontlnued) Year ended 31 March 2023 16. Crèdltorn: amounts falllng du• wlthln ono y•ar 2023 2022 Trade credltors Accruals and deferred income 21,853 2,280 1,280 1,280 24,133 17. Credltorn: amounts falllng due after more than one year 2023 2022 Accruals and deferred Income 22,927 24,360 18. Déf•rred Incom• 2023 2022 At 1 April 2022 Amount released to income 24,360 11,433) 22,927 25,793 (1,4331 24,360 At 31 March 2023 19. Government grant• The amounts recognls8d In the flnanclal stalemenls for govemment grants are 83 follows.. 2023 2022 Recognlsed In credltory.. Deferre¢J government grants due after more than one year 24,360 25,793 23