Rothfrtland and Distrlet R•g•n•rntlon Company Ltd . Statèm•nt of Fln4ncSal Activltle• for th# year ènded 31 May 2024 S1•t•ml of Financial Activities (including th• Income and Expenditure Account for the yr end31 May 2024, •s roquired ljy the Comp4nl•$ Act 2006) SORP Curr•m ¥vr Unmtn¢i4d Fund• Curr•rt ymr Total FunOI Prhprymr Tcrtal F4AI Fund¥ 2424 2024 IJ IrKom• & Endoffl•nts trom.. Dcrt8lM5 & LeoK4 Ch8niaDi• acbvrt5 Otner Ir•thryJ athiwt In¥esim8nt$ Al 26,886 22,011 22.008 55 707 38,742 65 610 22011 22.1 55707 32.CQ6 15.W3 17,542 .332 Totll Incom• 120,694 3•,742 16LI.336 100.743 EAp•ndllur• on.. chWrta• 95.332 38.742 134.074 98.841 TOMI •xp•ndIr• •S.332 ,742 134.074 91.141 N•1 l•xp•ndifur•y lor lh• ymi 31.262 1.901 N•t In¢om• 4ft•r onI1• J1.262 31,262 l.W2 N•1 mov•m•nt In lun J1,282 31.219 I,W2 R•¢onclll•iion of lund•,'. Tot•1 fvnd• bmuqhl Ivn¥4rd 533.3S9 033.3S9 531457 Tot•1 fvnd• urrl•d lor*• 514.621 J64.121 Tha'SORP Raf DJtai•d •bov• il tho ol irtom• In th• formal SOYIP docLrnerrt• reqLwqd by pwrnph4 eo Ih• SORP. th• bi(whl loNMrd ana m•d fm4•rd •bow been Iweed to IM Baiirv swi aad bsJe& AX acbVIfr d•nv• from conbnuing ¢p¢ratson• Th• natm •ltsch•d on p•gtt 23 to 31 fomi •n Int•qr•l p•rt of ¢hH• aceountl.
Rathfrll•nd and Dbstrlct Regenerntlon Comp•ny Lld . Statgmlnt of FlnancSal Actlvltl•s for the year •nd•d 31 May 2024 Rathlrlland and Dl¥trl¢t R¢g•ngrntlon Comp•ny Ltd - Amaty818 of prlor y••rtotsl lund8, ao rèqulrèd by par•grnph 4.2 of ¢h• SORP PrV••r prtor Y•4r Pdorymr T(A•l Fund• Unmirfct•d Fun 2023 2U2J 2U2J IncL¥n• & endowrnthls trom.. DonlltKJnE & LegaU•• Al 16.863 15,W3 17.542 35,332 16.203 15,40J 17,$42 3fj,332 Oihol T4)t•l IK 85.yo 15.20J 100.743 EAp•ndlluv• •n'. IJ.203 841 Othoi Tox on •urpkty on vdywy •rts B3 B3 Total •xp•ndltur• N81 N•1•Xp01tyr for th• y••r 1.902 1.902 Tr•n•l•rn b•lw••n lund• N•1 •p•ndiitsf• 4ft•itrnrs•f•rn 1.902 l.W2 N•t mtrrf•mqthi kn nd1 1.902 1.902 AKW¢ll1•t ol lynd•.'- Total fund• bmughl lorwlrd 531.457 6J1,417 Tol•l fvnd• G•ryl•d foThv4rd $33,3S9 033,359 All •¢t1 frnm ¢+>rtlnulng op¢r•tlon• Th• nolm •tt•¢hd on p•g•8 23 to 31 fonn •n Integf•l part o1th0 Accounts. 18
Ratttfrfland and Olstrlct Regenerntlon Company Ltd - St•temènt of Flnanelal Actlvbtl•s for thé yèar ended 31 May 2024 Rathfrlland and Dlstrlct Regeneratlon Company Ltd- Resour1 appll•d In th• y•ar •nd•d 31 M•y 2024 toward8 fixod a•8ets for Ch•rity uw:. 2024 202J genernted M ihe >or as ¢Jelai In SOFA FIOUrceS apphe(l on 1wktt1 fixed 8$se16 31 262 144 7651 l.W2 1329 7SI N•t Imoue Jv¥lloblg lo fvnd charlt•bl• actIv[g$ lJ,JOJ Th• nLe¥ attach•d on p•gM 22 W 31 form an Int•pr*l p•rt ol thM• x¢ounts. 19
Rathfrlland •nd Dbtrlct R•goneratlon Compny Ltd - St•t•m•nt of Flnanclal Actlvlil•s for the r ¢nd•d 31 M•y 2024 Mov•m•nt• In rnvonue and capltl lund8 lor ih• y••r ended 31 May 2024 R•¥•nu• accumulated fund• Tot•1 Fundi 2024 Fun 2024 Tothi Fundb 2023 2ts24 533.359 533.359 SJ1,40T R•cwMd or• •NI bofLY• 31.262 31.262 l.W2 W,621 033,359 13.027} 3.027 Clo¥lnll rnv•Thu• lund• 3.027 504,121 SJ3,319 Summiry of A••Mei•d Fund• Tt*l FufvJ• DHlqn•w4 lund• 2024 24 2J24 202J 581,594 3.027 $33.389 Tpl•l fund• 861,$ 3,027 564,121 533.JS9 Th• not•# 4ttach•d on poM 23 to 31 lorm •n Int•gr•l p•rt oflhM• account•. 20
Rathfroland and 018trlct Règ•n•rntlon Company Ltd - Sl4tsm•nt of Flnon¢lo1 A¢tlvltl•• for th year •nded 31 May 2024 Rathfrfland and 058trlcl Regener•tlon Company Ltd Income and Expenditure Account lor th• y••r ond•d 31 May 2024 as r•qulrnd by the cOmnbo1 Act 2006 2024 2D23 109.629 65.411 Iw$lrrN Orne Irom In¥esirrwrt¥, th?r t knlemii rnt4Yabi• irn•ie$l rthvab 55.703 3S.292 Gro Iorn• In lh• y•4r b•lrn •xc•ptlohil Ii•mi 10&J 100,743 Grom In¢offl• In th• h4r In¢kn9 •MC•Ptlon•l 6t•m• 185,JJ• Dok¥e¢oiK)n and R8aliseo106s88 on di¥N)sais of wN•8¢m•m• w• pmor&mm• I••d 35.984 33.842 Tot•1 •xp•ndlturn In th• y••r 134.074 M•1 In¢om• b•lor• In th• DnAn¢l•l y••r 31.M2 1,002 Tax on Mlt Imcom• #ft•r IIA In th• financlil y•ir 31,262 1,902 R•t•ln•d •urplu• for the Iln•n¢l•l y••r 31,Z02 AII thCli¥•l d•riv• Irom conbnuing opernbM• In actord•rt• %4th tha provffjK%u of the Comp•nkn• h•thdknO1 iubh•aaWJJ L#•d hl IM Ir£oirn Exp•nthlw• t••n •d•plad lo iefied Ihe tspetsai NILVa of fv th•nW• Th• not•s •tteh•d on yo•• 23 to 31 lomi In Int•qr•l p•rt ofth•s• x¢ount•. 21
R•thffil•nd and Dkntrfct R•gener•tlon Company Ltd. Balance Sheet M ¥131 2024 $oRp Note$ A•1 2024 Flx•d •B#•ts T8NItrAè as5ali 1.118.739 1.109,958 Curmni 1•ts 0obior8 ca M b•nk •nd In hor 10 82 2,187 87.183 86.989 To1 cuTh•nt 4•••t• B•.39) Cr•dliUM'. •mount• IAllln• wlthl on• y••r 122.7641 I78.el) 47,133 12.750 1.185.872 1.122.708 N•1 Cr•dhu•. f•llryJ •h•r mor• yair 12 C2 1601.2511 1589.3491 Th• tot•1 n•t ¥i••i• ol lh• ¢hirlty 83J.JS• Th• lOtl 4•Mti Ol lh• ¢h•rty •r• lunw by th• lund• ol th• chirfty. u foll1... Atsitki•d fund• Alti•d Fthd• D2 Unmtrt¢t•d Fwd• DJ 581.594 533.351 581.594 533.339 DMlllnat•d Fund• To¢al ¢h•rftyfund• J64,621 633.JS• nxrt4rs ru• IM cJJmpwrtyl0 Lln Wd In 476 01 IM 14. aTrJ ol ¥ Ctyrffj•r A4 IS on page8 14 to 16 Th• dtredrK5 a¢kwdg1 l1rrffAbdl18 lor llh I req#1 ol 2fThvith r•yu lo rKcoL¥Nlng FecorO¥ •nd prepar•In ol a¢8 fin4•1 •tht•rnents hqv• prtp•rnd In ¢¢•r In Pwi 15of Cryry$ ph¢•tlé lo ccqnpank85 ¥eI 10 the eompons regM• DIV B•ll SKr•tary ¥Yd bytha tMfd 21 M8r¢h 2025 Th• not•S •tt4cW on 23 10 JI loTh in Inwral prt oi th•#• K¢o¥nts.
Rathlriland and District R•ggneration Comp•ny Lld Not9¥ to thè Accounts lor thè ygar onde(131 May 2024 1 A¢¢ounUng pollcles Poll¢ie$ r•l•dng to tho producrion of th• •¢counts. Bailo of prèparatlon and accountlng ¢onvèntlon The accounis ttave been prepar on the acuuals basis. under the hision¢al ¢osi ccnveniion. and In 8ccord8rrx wth the FinancJal Reporting Standard 102. leffeclive 1st January 20161 and 'FRS 102 SORP Islalernent of RCMended Pract1ce lar Account1j and ReFQrting by Chantie51 2015. las ameTrJed by the Bullebn issued In Ottiober 2018 and applicable 10 ¥1 accountiryJ periods teginnin9 on or aftèr 1st January 20191. (The SORPI. published by the Charity Commission In Northem Ireland ICCNII effective January 2016, and In acrdanCe wth all applicable In the charity's 1ur15dlctlL ol registration Golng Cone•m The directors ¢tsngder It appropnate to ppare the accounts on a gring corKm b881$ Th& company has a strong nei as1 bAse and Is able to generate fund5 to supp Its charItae activities Acurdingly, Ihese finanryal stslem•nts do not Indu¢Je any adiu$lment5 to ttte ca1ng amtsJnis and dassifications ol asseis and Iiablilies that may anse Il the company w85 un8• to ntinUe as a gclng oJrKern. Rl$ks and lutur• a88umptlon• Main risks tstyng the c¢mpary Is the ptsssible ec4ncYni¢ reL8sscn on the UK •xil from ¢h EU {Blt 111 Thlg m8y affect lh& K$6$bility tsl grant funding fftver il is n¢t p)$w'U• at this stage ltr the dirertor$ 10 quarnify or SreI8¢e effj irnpaa ol this eveni Pollcl•s r•latlnq lo c•toqorf•$ ol In¢om• •ndlncoffl• rncoqnldon. A¢¢ountlng lor d•f•rr•d Incorn• and Incom• rèc•1V In advanc• Wher8 terms and conditions relatirtg te Income have not been met or uncertainty ex1818 as lo eth& the thanty can moat any ierms or conditions Othervns¢ thIn Its cmtrol. Income 18 not recognised bul Is deferr•J 8S 8118bility until It IS k¥ob88 that the tem$ or coThaitions Imrosed can be mtri Any grant lttat Is subieci to perform8nu-rel8ted conditi3 rec•iv•d In Advance of delivenng the gJTrJ$ s•Nic•8 rwuir•d by that condilion. or 1$ subi•ci to Unrn condi11Ws OllY outsKJe the conlrol of Il wpient ¢h8nty. Is accounted for as • Ii•bilily on¢ shM on the balance sheet as delefred Income Deferr Int>)m• 1$ r•lea lo Inccffje In the reporbng wriod In vthi¢tt Ihe pertwmAnc8-relaled or other c4)naitions that Iirnit recoynilion ar m&t Wnen Income from ¥ 9r8ni or don8tion has not teen recffjnised due to the conditions #pYing io the gift not beirvj vthdly thin the cAJntrd of the reapienl charity. it 18 di8dosed 9$ a contingent asget il recipt ¢1 the grant or a3110n 1s mbl• once lttose condition$ 80 mèt IM)er• tiw rdaied conditions are irnp)Md or Impli&J by a fvnder, th• Income Is apportioneLJ to the tyme wiods cemed,and. ¥there aFpli¢abl•. Is acLounted for as a liability and shown on the balanctr $h&ét as deferred Inccme When gTant5 are re¢ived In advance of Ihe expenditur* on the activity funded by thtrm. bul ther• are no speofic time re181•J QYK1ilIS. then the Income Is ThJ¢ deferred Any ndth0n Ihai allow5 for the ree¢v¥ry by the donor of any unexpended part of a grant does noi prevent rwnitwjn ol the Income concerned. but a Iiablily lo any repaymant Is recognised when repayment tecome5 probable
Rathlrfland and Dlstrl¢t R•ggnoratlon Comp•ny Ltd Nots8 to th• Accounts fof the yr ¢nd 31 May 2024 Don•t•d g¢)od8, facilltlm and T¥[c•S Donated flx8(l a#sets are recognised at the current fair value AJI $LKh dtsnations ao rwnised 8$ donation Income. And deknled to fixed assels Don•t•d good• that ar• not Ilx•d a•••t$ are Unted for at a lair vo1ue. unless It Is impfa¢bcal to fd18Y Measu the value of the don8ted In the obsence trl ¥ny direct ¥V1dence ol fair valu• ol don8t¥d goods. then a value Is (Jerived from the ¢ost of the Item to onor or, In Ihe case of gcods th&i ore expectad io t¢ sdd. the esumated r&sale value after dedu¢iing any anticipated costs of sal•s. If rt 18 Impfactic4bltr lo Measu the fair value of gfJ)ds don8t&# lor Te591&. or Itr ts)$ts ol v81uatioD oumtlgh the ténefits, th• donated goods are recognised as irthme l¢J. bmth an equiv•1ent amount tywng ree£#3nised a5 #n expense The CD$ts ol good5 dated for tjistnbution to benefioan8S Is to be the tsir value of trose goods Upon receipt When the are distrityuted freely ty lor a nomin81 c¢n&deration, then carying amount 15 adjusted at tho time ol le, to the value al Ihe Foinl ol distnbution ond the 8diusiment Is Sho as a cosi of donations made The carrying amount ol any stock h•ld for distrit#Jtion 1$ 85sess•d for irnpaiment 01 thè rewting date All donated gcK•J$ are rec4>Jnised a5 donation Inc¢me arKI debited to troding slock Wnen tr•dirrfJ Stock 18 subsequently sold. or appropnoted lo meet an eMnSe then I4 carrying value of th• stock is r•cwn158d as an exFense In a¢cordance wth the SORP 91>)J$ c¥)nalthJ for dislnbution lo benef c18rTr8s, or for consumpli¢n by the Chanty ar& Included In 'legaci&s oné dOn8tnS. G#S donated for resale ar8 Induded In Income from otheriffjdinq aGtivilo$' The cosi ol any silxk of gCd3 donat&J lor dIstri110n to benelicianes Is deerned to be the fair value ol those gifts at the tim? of their rwipt 11 th• oood5 held a lo b distributed freely or for a nominal consid8falion. In the c8rying amount Is subs•quently •aiusi&Y to r•flect the lower of drned cost adiusled for any loss of servi¢• potential and replacèment c¢st Replacement wst 1$ the econw)Ic C05t In¢%rred If lh8 WAS to r•place the s•rvic pot•nti•l ol the done g¢#>a8 at It8 exFen5e In the rn05t eo)nomi¢ manner Donatéd s•rvlco• and l•cllltl•• (including se¢ond•d 5t•fl and ug8 ol proFertyl 8r• Indutjed In the oeu)unts on the baw$ of the value of the gift to the chanty I dmated 5Wl¢e$ and facilities are reIniSed as donainn Income tten rec•ived.Iyovided th• value of the gift cbn te m•a$urnd reli•blyl ond recoan188d •s an eXftS smth an equivalent value 24
Rathfril•nd and Dlstrlct R•gèngratlon Company Ltd Notss lo the Accounts lor th• y••r •nded 31 May 2024 Pollcies relatlng to •xpendlturg on goods •nd $¢rvi¢•s provid8d to Ihe charity. Allocatlng costs to activitleB tXrÈct costs that afe specifically rdaled to an athvity are allocated to that acvity Share(l (J1rect costs arKI suppart ¢osis ar8 aprortioned trfftn aclivitsg5 Volunteer In accnrdance %Mth the SORP. and In rwnitim of the difficultie5 In placing 8 monetsry value an the contntKrtion from volunteers. the cDntribulion ol volunieers Is not Inclu¢Jed within the Income of the ch8rity HVer. Ihe Iru5tees value the sgnificanl contributKJn mad8 to the xbvitw of the chèrity by unpaid volunteers and this Is described more fully In Ntrte5 Pollel•s r•lodng to •ssw¥, Ilabllltl•s •nd provlslons ¢th•r m•tt•rs. T•nglble fix•d •ss•ts TanGible fixed 5$$ are measured 81 their onginal cosi value. or subwuent rev8luatiLw. or If dwated, as ¢Jescribed atsve. Cost vlue Indudes all costs exFended In bnrging fv 8ss81 Into Its Intended thin9 c¢nditsOn. DekKeci8ticfft has ben prov•8d al the folliy•An9 rbttrs In ord•r to te off the assets to th•ir 8nti¢l¢a fesidu81 value over thwf •$timotad ful lives. Freehold buildings offi equikThenl Shed and polytunnd Property irnpyovements 2 % str8igN II 20 % Straight lin• 10 % siraight lin• 10 % str&ighl lin• A regular annual revitr of the Iikelihc>Jd of 85set Impairment 1$ undertaken Assets not measured at lair value are re¥• for any Indication th81 the asset may be Impaired al eath b8lanc• sheet date Ir such InditIon •xists. th& racoverable mount ol the a$81. or the asset's cash 9ener8ling unil. 18 esiimaied and cornp8red 10 ¢tt• Carrying arnnt Where the ¢arryiTYJ omtyjnt exceeds Its recoverable amount. an Imp8irmenl 105B Is r•¢trJniwd In profit Of1088 unless fv ¥•¢ 1$ ¢arri•d t a fe-¥alu&J amount khere the Impairment loss Is a revaluation d8¢re8se D•btor¥ Debtor5 are me•$ur•d 81 thoir rKoverae amtyjnis at th• balanr sheet date. Cr•dltorn Jnd provl•ion• Short tem) creditors are rnea5ured 81 transaction pnce lthich 19 usu8lly the Invoice pricel Loans 0(h#r finonoal ligbilitsfjs are Initially recognised 8t tr8n5aGtion pric8 nei of any trans1) costs and subsequently measured at amortis8d Cost ¢]elermined using the effoctive Inieresi method Provisions lie Iiabilits ol uncèrtain timing LY amount) 80 rwnis•d lthen the is an rtilig8tion at th r•porting date as ¢1 8 pasi ev•ni. It Is Fyobable that Konomic benefit wll be tr8nsfeffeoJ 10 seitle th obiligation ancl the arnounl ol t obligation c4n be ests'mated reliably 25
Ratmrlland Jnd Ditstrlct Rgneration Company Ltd Not•s to the Accounts for tho year end 31 May 2024 Cash and b•nk balan¢ ash hdd by the ch8nty 1$ Induded at the omount actUBlly held and counted at thtr year end Bank 0818rvx, in credil or overdra%+m, are shrNm at th¥ amwnts propwly rocKclIJ to tha bank stalerrents For¢llln curr•ncl Tran5actiMs In foreign currencies are reo)rd•d at the rale rulirtg at the tjate of ihe transaction Monetary assets and liabilities denominated In foreign currtyaS are tran31•d at the rote of exchange ruliro at the balanr 5t dale. d4tter?n¢es a taken to the profit ¥nd Ios8 acLount Fund Accounting Unreslncted hJrKl$ 8r• availob1e for use at the discretion ol the trustees In lUrther8n of the general otyeciives of the charity. The ore no endovnnent fvrn1$ 2 Ll•bS11ty to tsxatlon The Truyites consider Ihal th• chanty salisfie$ Ihe tests sel Out In P8r&ar8ph 1 Schedule 6 of thtr Finance Act 2010 lor UK ¢orpora11on lax purFKJS$ AcLordingly. the Charity 1$ potoniially exempt frcm taxatiw In r•$pect of Incryne ¢r Catal gains rec8ived wlhin te9ceS Cove by ¢hapler 3 part 11 of the Corporation Tax Act 2010 or Section 256 01 the Taxation of Chargeable Gains A¢t 1992, to the ent that such Income or gains are applied exdusiv&ly the 5pecifi¢ charitat4• objects of the ch8nty and for no other purpose The ch8nty 1$ VAT wistered and has an opl 1018x In placE for builidngs 3 Wlndlnp up or dIOItIon of th• charlty If upJn wnding up or dis3olulion ol t charity there rern8in any 8s5ets. after th• satrsfaction ol 811 debts 8nd Ilabiliti•s the 4s8s represented by the accurnulaled lund shall t¢ tr8n8lerr&J lo some other ch8ntatA• body or bcAYies having similar obiKts te the chori¢v 4 N•t Burplus befor• tsx In th• flrt•nclal y•ar 2024 2023 The net $uWu$ before lax in the finAnGial year 1$ staled after ch8rging.'- Depreciation of chwed fixed •$8*ts Auditus, remuntrratson 35,984 3.950 33 842 3950
Rathfrlland and Di$tri¢t R•g8n•r8tlon Company Ltd Notes to the Accounts for the year ended 31 May 2024 5 The contribution ol volunteèrs Once Again Community Shop sdls a mixture of goods donated by the community Inclucling adult and Children's clothing. furniture. toys and bnc•a-brac 11 also sells fumiture which has repaired and painted by Volun1r$ as well as a small amount of bwght stock The shop uses volunteer5 10 sell and refUr$h goc(Js Volunteers also play a large part In all events run by the chanty throughout the 6 A•muneraOn and pjyments to Trusto•8 and porno connrftod wlth them No trustees or persons connected wrth them receivecl any remunerati from the Glanty, or ary relat ¥ntity 7 D•ltrred incomo . Unre•trictod and t)èslgnathd fund• Current Yr Op•nlng Dof•rral# Rel•a••d R•¢•l¥•d from prior rel918 year• In y••r D•l•rr•d O•f•rf8d t year •nd at y••r ond Arrn8gh City. 8anbridga & Craigavon Borough nryl. l)8pl lu Crynrnunities & National Lon¢ry Fu 42.160 142 1801 Total 42 180 42.160 2024 2023 Th•se def•rrals are Included In ¢r•dltorn 42,160 Pn'or Yr Op•nlng D•ferrJl• Relg••od R•c•lv•d from prlor 1•18 r•loased y•ar• in yo•r D•l?rr•d O•f•rr•d at ymr •nd at y•ar •nd Arrnagh City, Banbridge & Craig8von 8orough Counol Oepl fN Communities & National Lottery Fun¢ 10,250 31,910 42.160 42,160 Total 31.910 42.160 42 160 2023 2022 Th• d•f•rral• ar• In¢lud•d In cr•dltor 42.160 10.250 8 D•l•rr•d Incom•. R••trlct•d fund• Cynwi Yr Op•nln9 D•ferr•l• R•l•a•od R•c•lv•d Irom prlor 1•88 releas•d y•arn In y••r D•f•rr•d O•f•rr•d •t yèar •nd at y•ar •nd Amiagh City. Banbndge 8 Cr8iqJvon 8offjugh Councjl. Depl for Cornmunilies & National Lottery Ftsnd 12.355 111.8831 2.535 3.027 3.027 Total 12.355 11.863 2.535 3.027 3,027 2024 2023 Thw• d•f•rrals arn Ir+clud9d In cr•dltorn 3.027 12,355 Prlor Yr Openlng D8fgrral Rol•81 R•c•lvod from prlor I8 r•l•as•d in year Of•rred D•l•rr•d at y••r •nd at yoar •nd Am7ggh City Sanbndge 8 Craig8von Bomugh Counol Dept for Comfflunitie5 & National Lottery Fund 12.355 12.355 12.355 Total 12.355 12 355 12.355 27
Rathfrfland and Dlitrl¢t Regfrnerntlon Comyny Ltd Not to ihe Accounts for the yr •nd8d 31 May 2024 2023 2022 Th& d•lgrr•l$ arn Includ In cr•dl¢Of¥ 12,355 The deferr818 Indu¢Jed in u•ditors relate to funding ¥wfied by the fijndefs as relating to specific peficJs and pSent those parts of rfjstncted funds vhich rell4i• lo n0S subsequtrnt to the a¢¢ounling year end and arè Irealed as grants In 8d¥ar. or. 8ii¥rnabvely ,¥kn&re thero Ar• condib¢)ns hthich musi te fulfilled prior to trnlillem8nt or use ol the restricted fvJnd$ by Ihe ¢hanty g Tanglblg Ilx•d au•t$ Land and Buildlngs Equlpmont and flxturoj •nd Ilttlnql Curr•nt Yr Tot•1 Tot•1 Cost At l Junè 2023 Aolditions 1.182 561 34 029 48.750 10.738 1.X1 311 1.231311 44,765 44.765 At 31 M•y 2024 1 216 S90 1 276 076 1 276 076 D•proclation Al 1 June 2023 Charg• for fv year 86.5 29,333 34.788 6.691 121.353 35.984 121.353 35,984 At 31 M•y 2024 115898 157 331 167 337 N•t book vJlu• At 31 May 2024 1 100 692 1 118739 1 118 739 At 31 M•y 2023 1095 998 1 109 95B 1109956 2024 2023 Fr••hold land •ndbulldlng$ Includ•d •bov• Historical cost Cumulative deprwal10n bo on hi$iorical cost 1 660.267 4W,539 1.626.238 371.208 28
Rathlriland Jnd Di$trl¢t Reg•nèrwion Company Ltd Notes ¢0 the Accounts for the year ended 31 May 2024 10 blO 2024 2023 Trade Oebiof5 Prepaymen15 and •xru•d IrKomg Other debtors 630 2.278 1.403 764 11 Crodltorn.. amounts lalllng dug wlthln on• y¢ 2024 2023 Bank 10gn$ 9ThJ ovwdrafts Trade ClIOrS Accruals Delerr8d Ino)m•- Unrestncted & deg9naled ftjnds Delerred Ino)me- Restricted fvnds PAYE. NIC VAT other taxes 9,864 212 6.565 10.199 42.160 12.355 2,022 3,027 3,096 22,764 12 Creditorn.. arnovntl falllng du• •ft•f on• yg•r 2024 2023 Bank loans and tsverdraft$ DtfÈrr•d Income . Unresinu&J & designated bn¢ls 141,121 460. 130 145.770 443.579 801251 13 Contlng•nt Sl•blllll•• Ay 18r as the direct¢r8 or• awar& Ih¥r8 b%tre ts)ntin9ent Iiaknlilies 4t the y88r 8nd Incom• •nd Exp•ndl¢urg •¢¢ouni $umm•ry 2024 2023 At l Jvn• 2023 (LossysuIus 4ft•r18x lor1 y•ar 533.359 31.262 531.457 1.902 Ar Jl Alay 2024 S64 621 533.359 14 Po•t bal•nc• •hw¢ •v•nts No events orLurred knr the rp)rting d8t• %thich requirè Wdiugtmant 10 th• financjal statements or dI8dosure In th• fin•ntyal st¥tm¢nts.
Rathfriland and Dl$trlct Rn•tIon Company Ltd Notes to th• Accounts for th• year end•d 31 May 2024 15 110 r•l•r•dparry tr4ns•ciion There no lated party tr8nsartS dunng the ye8r énded 31 May 2024 16 Parti¢ul•rn of how partlculor lunds orn reprM•nted by is80ts thnd Ilabllltb•s Unrestrlcted Dslgn•t Funds Funds Re$trlct•d Fund¥ Totsl Fundj At 31 MJY 2024 Tangle Fix¢d Asset5 Investments at valuatstsn'.- Curr8nt ABSèts Current Liab'liti•s Loro temi liabilities Prtsvi&ons lor118f¥litie5 1.118.739 1,118,739 89.350 119.7371 1601,2511 89.350 122,7641 1601.2511 13.0271 587 101 3.027 584.074 Unre*trlctod D•8lgn•¢ed R••tdct•d Funds Funds Funds Tot•1 Fund• At l June 2023 Tawiue Fixed A$8fjts Inv•stments al val0n.- Current Assets CUnI Liabilitie5 Lorg t•mi Ilabililiei 1, 109.958 1.109,958 89,350 164.2451 1589.3491 89.350 176.8001 1589,3491 112,3551 12.355 533.359 17 Ch•ngH In totsl fund• ov•r th• y•ar •hown In Not• 17. •n•tyd by Indlvldu•l lund• Funds brough Movgm•nt In Translern lopr Ifom funds In bgfvloèn lundB 2023 2024 2024 Fund8 carrl¢d lorw•rd to 2025 Unrnstrl¢téd •nd d•slgnat•d funds :. untrted Reven Fund$ S33,359 31.262 564,621 Total unrestrl¢t•d and dIgnated fund• 533.359 Total charlty funds 533.359
Rathfrlland and District Re9en•ration Cofflpany Ltd Not•s to tho Accounts lor the yèar ended 31 May 2024 18 Anlysis olmovemgnts In funds 0r th• yoar as shown in Note 18 In¢om• Exponditur• 2024 2024 Other Gains & Lossos 2024 Funds Movement In Funds 2024 Unresirtcigd Jnd d•slgn•t•d funds :" Vnrestricled Revenue Funds 126.594 195.3321 31,262 R•slriet•d fund$.-. Armagh Banbndge Council Department for Communih8S J¢hn Moores Foundaljon Mu&c Room Donatrt N8tiong1 Lott8ry DAERA Arts of Council Eeucalion Authonty RHA Projecl Income Cornmunties Village Catalyst Fund Nl S¢wn 4.750 500 4.030 250 7.057 160 6,645 8.083 4.688 2.269 310 14.7501 15001 14,0301 12501 17 0571 11601 16.6451 18.0831 14.6881 12,2691 13101 165.336 134,074 31.262 19 Th• purposes for whlch lh• fvnds J8 d•Mllod In notv 18 arn h¢ld by th• ¢harlty •rn.' Those 5 a h•ld lor meebng the obi•ctsve5 el thg thanty. and to provide reseThe5 lor future a¢livil8, 8Th#, subject to chanty legia0n. r8 free fr¢)rn all resinctions On Iheir usts Unrstrlci•d •nd desiqn•t•d lunds '. Unwstricieoj Revenue Funds 20 Ulllm•t• controlllng party The tharity Is und•r the control of its I81 memb•f8 Th• trr ol Trust$ 8$ o bjdy 31