atto/& & Ly/JJocuts Chartered Accounlanls and Regislered Audilors Registered Charity Number NIC 100448 ASSOCIATION OF FRIENDS OF FERMANAGH COUNTY MUSEUM UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 C*IARTEAE Regis18red lo ¢arry oul audil Wofk and fegulaled lor a range ol inveslm8nt business activities in the United KSngdom by Ihe Inslilule ol Chariered A￿OuntantS in Ireland ASSOCIATION OF FRIENDS OF FERMANAGH COUNTY MUSEUM CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YKAR ENDED 31 DECEMBER 2022 Page Contents Independent Examiner's Report Statement of Financial Activities Statement of Assets and Liabilities Notes to the Financial Statements attorn & ogjjoai Chartered Accounlanls and Registered Auditors ASSOCIATION OF FRIENDS OF FERMANAGH COUNTY MUSEUM INDEPENDENT EXAMINER'S REPORT TO THE CHARtTY TRUSTEES OF ASSOCIATION OF FRIENDS OF FERMANAGH COUNTY MUSEUM FOR THE YEAR ENDED 31 DECEMBER 2022 I report on the accounts of the Trust for the year ended 31 December 2022, which is set on page 4. Respective Responsibilities of Charity Trustees and Examiner As the Charity, s Trustees you are responsibje for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. Having satisfied myself that the charity is not subject to audit under Charities Legislation and is eligible for Independent Examination. It is my responsibility to: examine the accounts under Section 65 of the Charities Act follow the procedures laid down in the general directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act state whether particular matters have come to my attention Basis of Independent Examiner's Report I have examined your Charity Accounts as required under Section 65 of the Charities Act and my examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act. My examinatkon included a review of the accounting 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 Charity Trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: l. That accounting records were not kept in accordance with Section 63 of the Charities 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 Act. 4. That there is further information needed for a proper understanding of the accounts to be reached. HAkTE%EO Registered 10 carry out audit work and regulalad lor a ran9e ol inv8slmenl business a¢livili88 in Ihg United Kingdom by the Inslilule ol Ghartered Accountants in Ireland atto/& & o/JJocMts Chartered Accountants and Registered Auditors ASSOCIATION OF FRIENDS OF FERMANAGH COUNTY MUSEUM INDEPENDENT EXAMINER'S REPORT TO THE CHARITY TRUSTEES OF ASSOCIATION OF FRIENDS OF FERMANAGH COUNTY MUSEUM FOR THE YEAR ENDED 31 DECEMBER 2022 Independent Examiner's Report I have completed my examination and have no concerns in respect of the matters (l) to (4) listed 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. Stephanie Stenson FCA Patton Rainey & Associates Chartered Accountants 6 East Bridge Street Enniskillen Co Femianagh BT74 7BT Date:Sl May 2023 CHIRI£RE Re9islered lo carry out audit work and regulated lor a range ol investment business aclivilies in th8 United Kingdom by lh8 Inslilule ol Chartered Accounlanls in Ir$land ASSOCIATION OF FRIENDS OF FERMANAGH COUINTY MUSEUM RECEI IPTS & PAYMENTS ACCOUNT - STATEMENT OF FINANCIAL ACTIVITY FOR THE YE4 AR ENDED 31 DECEMBER 2022 Restricted Unrestricted Funds Funds 2022 2022 Total 2022 Total 2021 Income Donations Membership Subscriptions Bank Interest received Gift Aid 350 960 26 88 350 960 26 88 350 750 Expenditure BAFM Membership Bank Fees Museum Donation Accountancy 400 30 400 30 227 25 4,000 720 720 Net Income (Expenditure) for the year 274 (3,151) Total Funds brought fonvard Total Funds carried forward ASSOCIATION OF FRIENDS OF FERMANAGH COUNTY MUSEI UM STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 2022 At Incoming l Jan 2022 Resources Outgoing At At Resources 31 Dec 2022 31 Dec 2021 Funds Reconciliation Restricted Funds Unrestricted Funds - General Funds Total Funds Bank and Cash Balances Bank Deposkt Accounts Bank Current Account Cash in Hand 11,916 4,983 11,855 4.770 Other Assets (Unrestricted Funds) (3) Monies owed by Fermanagh County Museum The financial statements were approved by the Board of Trustees on Sl May 2023 and were signed on its behalf by: r Samuel Robinson - Trustee ASSOCIATION OF FRIENDS OF FERMANAGH COUNTY MUSEUM NOTES TO THI FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 I. ACCOUNTING POLICIES Ineome & Expenditure recognition policy Income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services to its beneflciaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Taxation The charity is exempt from corporation tax on its charitable activities Fund Accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Furthcr explanation of the nature and purpose of each fund is included in the notes to the financial statements. 2. TRANSACTIONS WITH THE TRUSTEES There were no transactions with the Trustees during the year. 3. OTHER ASSETS During the year ended 31 December 2021 a duplicated payment of £2,000 was made to Fermanagh County Museum and was repaid to the Charity in January 2023.