SUPERST.4RS CLUB FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
SUPERSTARS CLLB CONTENTS PAGE Trustees Statement of Financial Activities Balance Shect Notcs to the Financial Statements
SUPERST.4RS CLUB TRUSTEES ma McAvov Ann Wilson Allister Michael Mary Donnelly Naomi Ferguson Deidre Eastwood ACCOUNTANTS McKinney Dawson 28 Union Strect Cookstown Co Tyrone BT80 8NN BANK-ERS Ulster Bank Limited 39 Market Square Dungannon Co Tyrone BT70 IJJ
SUPERSTARS CLUB STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 MARCH 2023 Unrestricted Funds Restricted Fwids Total Funds 31.03.23 Total Funds 31.03.22 Receipts Donations and Grants Charitable Activities 15.402 29.67) I 12,615 128,017 29.67) 38.207 4,664 Cafe Income Other Income 53.209 4,780 53.209 Ik,8)3 54,181 7,836 7,073 Total Receipts 103,066 119,688 222,7)4 104,888 Expended Resources Payments Cost of objectives Administration Cafe Refurbisl)ment Costs 39,079 49,988 3.794 4.469 49,988 43,348 99,976 3.794 33.728 80,900 4,683 Total Expended 92,861
4,4)7 147,318 119,311 Excess of Receipts and Payments 10.20) 65,231 7),436 (14,423) Total Funds Brought Forward 64.283 64.283 78,706 Total Funds Carried Forward 74,488 6),231 139,719 64,283
SUPERSTARS CLUB STATEMENT OF ASSETS LIABILrrtES AS AT 31 MARCH 2023 Note 2023 2023 2022 2022 FIXED ASSETS Tan8ibl¢ Assets (21 1.571 1.375 CURRENT ASSETS Bank Jlld Cash balances (3) 141.329 65.572 CURRENT LIABILITIES Creditors due in one year 3,181 2,6fv1 Net Cutrent Assetsl(Liabiliti¢s) 138,148 62,908 139,719 &1283 CApfTAL AND RESERVES Openinu Baiallce Surylus for year 64.283 7).436 78.706 (14,423) (il lJ9.719 We approve these accounts and confllm that we have made available all relevant records and infornwtion for their prepardtÈorL Signed on bebalf of the Trustees l June 2023 The notes on paoes 6 atld 7 fonn part of these aciounts In accordance with the instrnctions oiven to us we have prepared, without canvnEo out an au(h't. the in¢ome arLd eNyenditure account and balanbe sheet of the Club from the rccords. u lion and eiplanations supplied to McKinney Dawson 28 Union Street Cookstowii Co Tvronc BT80 8NN
SLPERSTARS CLUB NOTES TO THE FINANCIAL STATEMENTS ACCOUNTING POLICIES The folloThing accounting policies have been used consistently in dealing with lten which are considered material in relation to the group's financial statements. (a) Basis of accounting The financial statements are prepared under the historical cost convention. (b) Fixed assets Tangible fiNed assets are stated at original cost. (c) Depreciation The cost of fLxed assets are N%Titten off over the estimated useful hves of the &ssets at the following allnual rates. Building Equipment 4% 25% Straight Line Reducing Balance (d) Capital Grants Grants received or receivabl¢ are defeffed and released ov¢r the useful lrfe of the asset to which thev relate. FIXED ASSETS Equipment Total Cost as at 01.04.22 Additions Disposals as at 31.03.23 2.741 720 2,741 720 3.461 3,461 Depreciation As at 01.04.22 Charge for period Disposals As at 31.03.23 1,366 524 1.366 524 1,890 1,890 NET BOOK VALUE As at 01.04.22 1,37) 1,37) As at 31.03.23 1.571 1.571
SLPERSTARS CLUB NOTES TO THE FINANCIAL STATEMENTS CASH IN BK AND ON HANDS 2023 2022 Ulster Bank Ltd Current Account Petty Cash 141,090 239 65,472 loo 141.329 65,572 CREDITORS DUE WITHIN ONE YEAR 2023 2022 Creditors and Accruals 3.l8l 2,664 3,181 2.664 CAPITAL AND RESERITS Unrestricted Funds 2023 2022 Opening Balance Surylus/(Deficit) for the period Balance as at 31 March 2022 64,283 75,436 139.719 78,706 (14,423) 64,283
SUPERSTARS CLUB RECEIPTS AND PAYMENTS .4CCOUNT FOR THE YEAR ENDED 31 NI.4RCH 2023 2023 2023 2022 2022 Receipts Grants Donations Fundraising Club Donations Cafe Donation Cafe Income Room Hire Events Income Enpowering Young People 112.61) 15,402 14,476 12.79) 1,709 51.500 4.780 2.404 7,073 29.682 8,)25 4.484 4.388 49.793 2,681 180 i,li5 222,7)4 104,888 Payments Wages Club Expenses Cafe Training Expenses Cafe Cost of Supplies Rent Events Telephone Heat and Light Water Rates Insurance Sundry Expenses Accountancy Bank Charges Enpowering Young People Sports Club Expendityre Cafe Refurbishment 65,092 10.777 48 28,2)4 10.880 4.469 2.489 7,941 432 1.390 8,ii9 2,407 770 53,442 3.425 20,336 10,880 2.298 5,436 199 1,290 3,840 2,296 637 9,966 i83 4,22) 16 3,270 146.794 118,8)3 7).960 (13.965) Depreciation". Equipment i24 4)8 Excess of Receipts over PaNThents 75,436 (14.423) The group has no recognised gains and losses other than those ncluded above. The notes on pages 6 and 7 forni part of these accounts.