COUNTY ANTRIM AGRICULTURAL ASSOCIATION statement of Accounts for the Year Ended 31 December 2024
County Antrim Agricultural Association Accounts for the Year Ended 31 December 2024 Contents Pages Independent Examiner's Report Income and Expenditure Account Balance Sheet Noles to Accounts
County Antrim Agricultural Association Independent Examiner's Report to County Antrim Agricultural Association I report on the attached accounts of County Antrim Agricultural Association for the year ended 31 December 2024. Repsectiv& responsibilities of the charity trustees and examlner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. 11 is my respon5ibilily to examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Commission under section 6519)Ib) 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 required 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 section 65191{b) of the Charities Act. My examination included a review of the ac¢ounting 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 corne to my attention giving me cause to believe.. 1. That accounting records were not kept in accordance with section 63 of the Charilies 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. Independent examiner's statement I have completed my examination and have no concerns in respect of the rnatters11) 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. Mr Edwin McLaughlin FCA D T Carson & Co Chartered Accountants 51-53 Thoma5 Street Ballymena Co Antrim BT43 6AZ Date..
County Antrim Agricultural Association INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Income Members Subscriptions Trade Stands Sponsorship Admission Charges Entry Fees Grants Interest Received Miscellaneous Income 405 6,921 15,426 21,763 8,529 6,000 2,473 1,547 1,287 7,907 20,383 17,701 8,013 3,000 1,954 1,193 63,064 61,438 Ex Rent, Rates, Heat & Light Insurance Salaries & Wages Stationery Advertising Postage & Telephone Bank Charges Accountancy Charges Affiliation Fees General Expenses Management Sofvare System Hire of Equipment & Services Judges Expenses & Catering Prize Money Rosettes, Trophies etc Rent of Livestock Market Charity donation enses 5,000 3,234 10,000 874 2,285 1.542 254 1,200 297 711 2,160 13,922 2,687 12,900 1,902 3,500 1,950 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 3,900 1,200 64,418 59,397 (Deficit)ISurplus before Depreciation Depreciation {1,354) 2,041 336 (Deficitllsurplus for the year (1,354) 1,705
County Antrirn Agricultural Association Balance Sheet as at 31 December 2024 2024 2023 Notes Fixed Assets Fixtures & Fittings Investhients at Cost 53,000 53,000 Current Assets Cash in Hand Cash in Bank- Current Deposit 1.219 1,923 32,885 1,755 6,242 44,004 2,660 2,822 28.771 1.254 6,760 42.267 Debtors Stock Current Liabilities Creditors 20.010 16,919 Net Current Assets 23,994 25,348 Total Assets Less Current Llabllitles 76,994 78,348 Re resented B General Reserve Capital Reserve Income & Expenditure Account 3,000 140,659 166,6651 3.000 140,659 {65,3111 76.994 78,348 Trust Investments £300 3.5/0 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 2024 Tangible Fixed Assets Fixtures & Fittings Cost: At 1 January 2024 Additions Disposals At 31 December 2024 15,846 15,846 Depreciation: At 1 January 2024 Charge for the year Depreciation release on disposal Al 31 December 2024 15,846 15.846 Net Book Value: At 31 December 2024 At 31 December 2023 Market Value Investments at Cost Cost at 31 Dec 24 £53.000 National Savings Income Bond 53.000 53,000 53.000 53.000 Debtors 2024 2023 Sundry Debtors Prepaymenls 340 1,415 1.755 1.254 1,254 Stock 2024 2023 Ties Roselles 129 6.631 6.760 6,242 6,242
County Antrim Agricultural Association Notes to the Financial Statements for the Year Ended 31 December 2024 Credltors 2024 2023 Trade Creditors Accruals 18,810 1,200 20.a10 13,750 3.169 16,919 Income & Expenditure Account 2024 2023 Balance at 1 January 2024 Surplus for the year (65,311) {1,354) 167,016) 1,705 Balance at 31 December 2024 66,665 65.311