County Antrim Agricultural Association Accounts for the Year Ended 31 December 2023 Contents Pages Independent Examinels Report Income and Expenditure Account Balance Sheet Notes to Accounts County Antrim Agricultural Association Independent Examiner's Report to County AntrSm Agricultural Association I report on the attached accounts of County Anlrim Agricultural Association for the year ended 31 December 2023. Repsectlve responsibilities of the charity trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. 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 Comrnission under section 65(91{bl of the Charities Act state whether particular matters have come to my attention. Basls on Independent examinerfs report I have examined your charity accounts as ￿qUired under section 65 of the Charitieis Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under se¢lion 6519){b) of the Charities Act. My examination 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.. 1. 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 accoLJnting requirements of the Charities Act 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examiner's statement I have Gompleted my examination and have no concerns in respect of the matters111 to (41 listed above and. in connection with following the Direction5 of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Mr Edwin McLaughlin FCA D T Carson & Co Chartered Accountants 51-53 Thomas Street Ballymena Co Anlrim BT43 6AZ Dale.. 20 March 2024 County Antrim Agricultural Association INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 Income Members Subscriptions Trade Stands Sponsorship Admission Charges Entry Fees Grants Interest Received Miscellaneous Income 1,287 7,907 20,383 17,701 8,013 3,000 1,954 1,193 270 6,106 22,905 10,733 7,635 7,053 472 1,351 61,438 56,525 Ex Rent, Rates, Heat & Light Insurance Salaries & Wages stationery Advertising Postage & Telephone Bank Charges Accountancy Charges Affiliation Fees General Expenses Management Software System Hire of Equipment & Services Judges Expenses & Catering Prize Money Rosettes, Trophies etc Stock of Rosettes Reinstated Rent of Livestock Market Charity donation enses 5,000 2,328 10,000 854 1,783 1,636 372 1,200 225 484 2,070 10,981 2,843 12,919 1,602 5,000 1,294 7,764 2,407 2,001 1,870 338 1,200 190 317 2,650 13,704 3,000 11,588 3,699 (6,2751 4,000 3,900 1,200 59,397 54,747 Surplusl(Deficit) before Depreciation Depreciation 2,041 336 1,778 836 Surplus I (Deficit) for the year 1,705 942 County Antrim Agricultural Association Balance Sheet as at 31 December 2023 2023 2022 Notes Fixed Assets Fixtures & Fittings 836 Investments at Cos 53,000 53,000 CurrentAssets Cash in Hand Cash in Bank- Current Deposit 2,660 2.822 28,771 1.254 6.760 42,267 861 2,684 17,503 5,943 6.711 33,702 Debtors Stock Current Llabllities Creditors 16,919 10,895 Net Current Assets 25,348 22,807 Totsl Assets Less Current Llabllltles 78,348 76,643 Re resented B General Reserve Capital Reserve Income & Expenditure Account 3,000 140,659 165,3111 3,000 140,859 167,016) 78,348 76,643 Trust Investments £300 3.5VD War Loan 236 236 Trust Funds Annie Mccaughey Award Fund Samuel Coleman Award Fund 136 100 236 136 100 236 County Antrim Agricultural Association Notes to the Financial Statements for the Year Ended 31 December 2023 Tangible Fixed Assets Fixtures & Fittings Cost: Al 1 January 2023 Additions Disposals At 31 December 2023 16,346 500 15,846 Depreclation: At 1 January 2023 Charge for the year Depreciation release on disposal At 31 December 2023 15,510 336 15.846 Net Book Value.. At 31 December 2023 At 31 December 2022 836 Market Value Investments at Cost Cost at 31 Dte 23 £53.000 National Savings Income Bond 53,000 53,000 53.000 53,000 Debtors 2023 2022 Sundry Debtors Prepayments 5,370 573 5.943 1,254 1,254 Stock 2023 2022 Ties Postage Rosettes 129 129 307 6.275 6,711 6,631 6.760 County Antrim Agricultural Association Notes to the Financial Statements for the Year Ended 31 December 2023 Creditors 2023 2022 Trade Creditors Accruals 13,750 3,169 16,919 9,695 1,200 10.895 Income & Expenditure A¢count 2023 2022 Balance al 1 January 2023 Surplus for the year 167,016) 1,705 (67,9581 942 Balance at 31 December 2023 65,311 67.016