Rothfrtland and Distrlet R•g•n•rntlon Company Ltd . Statèm•nt of Fln4ncSal Activltle• for
th# year ènded 31 May 2024
S1•t•m￿l of Financial Activities (including th• Income and Expenditure Account for the
y￿r end￿31 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• & Endo*ffl•nts trom..
Dcrt8lM5 & LeoK4
Ch8niaDi• acbvrt*5
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•ndI￿r•
•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
Pr￿V••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•Xp￿01tyr* 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- Resour￿1 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
FI￿OUrceS apphe(l on 1wktt￿1 fixed 8$se16
31 262
144 7651
l.W2
1329 7S*I
N•t Imou￿e* Jv¥lloblg lo fvnd charlt•bl• actIv￿[g$
lJ,JOJ
Th• nL*e¥ 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 Comp*ny Ltd - St•t•m•nt of Flnanclal Actlvlil•s for
the ￿*r ¢nd•d 31 M•y 2024
Mov•m•nt• In rnvonue and caplt*l 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 o*r• •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 p*oM 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
cOm￿nbo1 Act 2006
2024
2D23
109.629
65.411
Iw$lrr*N ￿Orne
Irom In¥esirrwrt¥, th?r t￿ knlemii rnt4Yabi•
irn•ie$l rthvab
55.703
3S.292
Gro** I￿orn• In lh• y•4r b•lrn •xc•ptlohil Ii•mi
10&J
100,743
Grom In¢offl• In th• h*4r 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 •tt*eh•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
To￿1 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• lOt*l 4•Mti Ol lh• ¢h•rty •r• lunw by th• lund• ol th• chirfty. u foll￿1...
Atsitki•d fund•
A￿l￿ti•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 r￿u￿•￿ IM cJJmpwrtyl0 L*l*n Wd In 476 01 IM 14. aTrJ ol ¥
Ctyrffj•r￿ A4 IS on page8 14 to 16
Th• dtredrK5 a¢kw￿*dg1 l￿1r￿￿rffAbdl1￿8 lor *llh I￿ req￿￿￿*#1 ol 2fThvith
r•yu lo rKcoL¥Nlng FecorO¥ •nd prepar•I￿n ol a¢￿￿8
fin￿￿4•1 •tht•rnents hqv• prtp•rnd In ￿¢¢￿￿•r￿ In Pwi 15of Cryry**$
ph¢•tlé lo ccqnpank85 ¥￿e￿I 10 the eompon*s regM•
DIV￿ B•ll
SKr•tary
¥Yd bytha t*Mfd 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 R*C￿Mended Pract1ce
lar Account1￿j 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 ac￿rdanCe wth all applicable In the charity's 1ur15dlctlL￿ ol registration
Golng Cone•m
The directors ¢tsngder It appropnate to p￿pare the accounts on a gring corK*m b881$ Th& company has a strong nei as￿1
bAse and Is able to generate fund5 to supp￿ Its charIta￿e activities Acurdingly, Ihese finanryal stslem•nts do not Indu¢Je
any adiu$lment5 to ttte ca￿1ng amtsJnis and dassifications ol asseis and Iiablilies that may anse Il the company w85 un8￿•
to ￿ntinUe as a gclng oJrKern.
Rl$ks and lutur• a88umptlon•
Main risks tstyng the c¢mpary Is the ptsssible ec4ncYni¢ reL8ss*cn on the UK •xil from ¢h* EU {B￿lt 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 Sre￿I8¢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¥ob8￿8
that the tem$ or coThaitions Imrosed can be mtri
Any grant lttat Is subieci to perform8nu-rel8ted conditi￿3 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 #p￿Ying io the gift not beirvj vthdly
thin the cAJntrd of the reapienl charity. it 18 di8dosed 9$ a contingent asget il rec*ipt ¢1 the grant or a￿3110n 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
QYK1ilI￿S. 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 y￿r ¢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 fd18￿Y 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 d￿ated 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 eM￿nSe then I￿4 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 dOn8t￿nS. G*￿#S
donated for resale ar8 Induded In Income from otheriffjdinq aGtivilo$'
The cosi ol any silxk of gC￿d3 donat&J lor dIstri￿110n to benelicianes Is deerned to be the fair value ol those gifts at the tim?
of their rwipt 11 th• oood5 held a￿ lo b* distributed freely or for a nominal consid8falion. I￿n the c8rying amount Is
subs•quently •aiusi&Y to r•flect the lower of d￿rned cost adiusled for any loss of servi¢• potential and replacèment c¢st
Replacement wst 1$ the econw)Ic C05t In¢%rred If lh8 WAS to r•place the s•rvic* pot•nti•l ol the don￿e￿ 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 re￿IniSed as donainn Income *tten rec•ived.Iyovided th• value of the gift cbn te
m•a$urnd reli•blyl ond recoan188d •s an eX￿ftS￿ 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 ac*vity Share(l (J1rect costs arKI suppart ¢osis ar8
aprortioned tr*fftn 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
H￿Ver. 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 be*n 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 Indi￿tIon •xists. th& racoverable
mount ol the a$8*1. or the asset's cash 9ener8ling unil. 18 esiimaied and cornp8red 10 ¢tt• Carrying arn￿nt Where the
¢arryiTYJ omtyjnt exceeds Its recoverable amount. an Imp8irmenl 105B Is r•¢trJniwd In profit Of1088 unless fv ¥•￿¢ 1$ ¢arri•d
t a fe-¥alu&J amount k*here the Impairment loss Is a revaluation d8¢re8se
D•btor¥
Debtor5 are me•$ur•d 81 thoir rKovera￿e amtyjnis at th• balanr* sheet date.
Cr•dltorn Jnd provl•ion•
Short tem) creditors are rnea5ured 81 transaction pnce l*thich 19 usu8lly the Invoice pricel Loans 0(h#r finonoal ligbilitsfjs
are Initially recognised 8t tr8n5aGtion pric8 nei of any trans￿1￿) costs and subsequently measured at amortis8d Cost
¢]elermined using the effoctive Inieresi method
Provisions lie Iiabilit*s 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 R￿gneration 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 rocK￿clI￿J 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 currty￿aS are tran￿31•d at the rote of exchange ruliro at the balanr* 5￿t 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•$pect of Incryne ¢r Ca￿tal gains
rec8ived wlhin ￿te9c￿eS Cove￿ by ¢hapler 3 part 11 of the Corporation Tax Act 2010 or Section 256 01 the Taxation of
Chargeable Gains A¢t 1992, to the ￿ent that such Income or gains are applied exdusiv&ly the 5pecifi¢ charitat4•
objects of the ch8nty and for no other purpose The ch8nty 1$ VAT wistered and has an opl 1018x In placE for builidngs
3 Wlndlnp up or dI￿OI￿tIon 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
4s8￿s 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$tri¢t R•g8n•r8tlon Company Ltd
Notes to the Accounts for the year ended 31 May 2024
5 The contribution ol volunteèrs
Once Again Community Shop sdls a mixture of goods donated by the community Inclucling adult and Children's clothing.
furniture. toys and bnc•a-brac 11 also sells fumiture which has repaired and painted by Volun1￿r$ 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•munera￿On 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 Y￿r
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 Y￿r
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 Y￿r
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 Y￿r
Openlng
D8fgrral
Rol•￿81
R•c•lvod
from prlor I￿8 r•l•as•d
in year
O*f•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 y￿r •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 pefic*Js and ￿p￿Sent
those parts of rfjstncted funds vhich rell4i• lo ￿n0￿S 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 Y￿r
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 C￿lIOrS
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
(Lossysu￿Ius 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 r*p)rting d8t• %thich requirè Wdiugtmant 10 th• financjal statements or dI8dosure In th• fin•ntyal
st¥t*m¢nts.

Rathfriland and Dl$trlct R￿n•￿tIon Company Ltd
Notes to th• Accounts for th• year end•d 31 May 2024
15 110 r•l•r•dparry tr4ns•ciion*
There no ￿lated party tr8nsart￿S dunng the ye8r énded 31 May 2024
16 Parti¢ul•rn of how partlculor lunds orn reprM•nted by is80ts thnd Ilabllltb•s
Unrestrlcted D*slgn•t
Funds
Funds
Re$trlct•d
Fund¥
Totsl
Fundj
At 31 MJY 2024
Tangl￿e 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$8fjts
Inv•stments al val￿￿0n.-
Current Assets
CU￿nI Liabilitie5
Lorg t•mi Ilabililiei
1, 109.958
1.109,958
89,350
164.2451
1589.3491
89.350
176.8001
1589,3491
112,3551
12.355
533.359
17 Ch•ngH In totsl fund• ov•r th• y•ar ￿ •hown In Not• 17. •n•ty￿d by Indlvldu•l lund•
Funds brough Movgm•nt In
Translern
lop￿r￿ Ifom funds In
bgfvloèn lundB
2023
2024
2024
Fund8 carrl¢d
lorw•rd
to 2025
Unrnstrl¢téd •nd d•slgnat•d funds :.
un￿tr￿ted Reven￿ Fund$
S33,359
31.262
564,621
Total unrestrl¢t•d and d￿Ignated 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 An*lysis olmovemgnts In funds 0￿r 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$.-.
Armagh Banbndge Council
Department for Communih8S
J¢hn Moores Foundaljon
Mu&c Room Donat￿rt
N8tiong1 Lott8ry
DAERA
Arts of Council
Eeucalion Authonty
RHA Projecl Income
Cornmunties Village Catalyst Fund
Nl S¢wn
4.750
500
4.030
250
7.057
160
6,645
8.083
4.688
2.269
310
14.7501
15001
14,0301
12501
17 0571
11601
16.6451
18.0831
14.6881
12,2691
13101
165.336
134,074
31.262
19 Th• purposes for whlch lh• fvnds J8 d•Mllod In notv 18 arn h¢ld by th• ¢harlty •rn.'
Those ￿￿￿5 a￿ h•ld lor meebng the obi•ctsve5 el thg thanty. and to
provide reseThe5 lor future a¢livil￿8, 8Th#, subject to chanty legi￿a￿0n.
r8 free fr¢)rn all resinctions On Iheir usts
Unr*strlci•d •nd desiqn•t•d lunds '.
Unwstricieoj Revenue Funds
20 Ulllm•t• controlllng party
The tharity Is und•r the control of its I￿81 memb•f8 Th• tr￿r￿ ol Trust￿$ 8$ o bjdy
31