ReglstOf8d Charity Number NiC10101$ INorihern IrEEand? TOBERMORE COMMUNITY PROJECTS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
TOBERMORE COMMUNITY PROJECTS COMPANY INFORMATION DlvoNorJ Mr B Johnslon Mrs.K P 8ums Mr& V Gregg Mr S thlgan Mr5 M Browrt Miss A Campbell Mrs A Black Mr8 A Devertay Mr G Moore MrD M¢,neY rs L Purvis Cbarlty nu¥r4ber tC101016 R•gi3tgred offscè 6 Desertrriartin Rood ToberttTP. Maoherafoll BT45 5QY ACCOUntats Oavld Lyltle + Co Lld 15 Meeting Strefjt Msgherateti Londonderry BT45 6BN Busln#si addrtss F Oesertmartln Road Tabermofs M•gheralèll 8T45 5QY
TOBERMORE COMMUNITY PROJECTS CONTENTS Pag• Diveciors, 14PDrt A¢wunlants' report Statsmenl offinancial attkvltles Bal&r)cÉ she¢1 NolEs to the fir*an¢l¥l statemenis
TOBERMORE COMMUNITY PROJECTS TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 Tro directors preserrf iaolr annual report and financial statemenls lor Ihe yar ended 31 Marth 2024, ObJ•etlvas and actlvltlos Thg objecls of the chLtity are; To PFoniot8 Ehe b8nefii (rf the Inhabifanl3 Df the Tobèmoro 3nd dlstrid area ol Co Ltsridondarry and it8 nvirons h¢rolnafter d¢s¢rtbpd as "the artta of benefil-> without dIInCtlDn (>f age. SaL racE. polltical r8ligloius or other oplnlon by 4sso¢FatitJg th8 St8lLFtory aJi Ihoritlè8. voluntBry efganisBtions Inhabitants in a common tsffort to advsnce edbcation. and to providè faciliEtes In Ihe IfSt8rests of sorial weilart. loi recreallon OF olhar l¢l$ure firnfj OccuF]ation wllh Ihe obJe¢t.of imptoving the ¢orJditions of Ilff lor the sald Inhahltants. To e5tab1È5h or to securn the estabklshtrtent of a CornTnuntly Cenlre (herelnafter callod "the Centt8-) 2nd maintaln it and to m8nagB to co. I)PBrat9 wllh lgfdl 5f£tutory aulhorlly In Ihe fflainten8nc9 and man39Trlenl of such a Centre fov activities ]r4)molèd by Ihe ProJpJ¢ts and its constitUETTt bodies in furth8rance of th8 above 048Cts. Provlde or strcurp the provision Df social seYvl¢es, aduc8tion?l reuealtDnal kcilltieg Ènd practical assiSt?rtcè for elderly and dfsabled peoplg wilhin IhÈ ¥r8a of beAÉlii. PrDmote and Carry oul, or asslst In prornDllng 8nd Gffjinj telèarch, supoays and inve$ilgaiitsns and pubt¥sh Ihe useful results.thgreof. Orgafjlse or è&2isi In organlslng me¢ting5. leciures, clss$g$ pxhibltion$ and publisl or assist En Piibli2hiTEg" reports, periodic8ls, recordings, btsoks or olher documè18 tst illfotmabon, Obldill wlleel and re1VE nionEy by W2y ol granls, do15. baquests, lÉ98cies or other lawful rnptrod, provided Ihat the PrDjects rn8y not enueo In any fvrm ol Ptfmanent tr3tfing. Purchase. take on leasE or in ¢x¢hange, hire or ¢lhornÈse scquire eny rs$l or parsonal wopErty and any rtghts and pnvllegts necessary lor tha promotson of thè obseGtg and corkslruct, mairrtain and alt¢r arty bullOing5 or 6ftotions which the Projects moy think ne¢es¥ary for the pr¢motlon of its obje¢ts. Retluit and Ir8in volunleerÈ wlth rel¢v4nt sk1115 to caY oul the oblects tsl thL Project3. Employ and pay arry person of pe@on8, not belng a member of the managemenl CoTnmittee refeert 10 below {'the CorAmiV(Éè to gupeNise, oro&ntse 8rEd cary on the work ol the Projects and fll3ke all reasonable and nÈce5sary provision lor Ihe payrnent of fvmunefation to srnploy¥e. ProTho12 and organl$e co-typBration in the achIVernal of the Bt)ow¢ Objects and to that ¢nd to WOTk In associalion wltb IDGal autho1 and voluntsry otigfrnatioiis enoa g•0 th.o furthfjrnnGg ol lh6 abovs tJbjgCts In benefit. Achlgvem•nts and performan¢¢ EVÉNTS The annual festlvi1Ses took place for all Ihe cornrnunity to enjoy, TCP wer¢ ab19 lo run the Christmtt5 tree Ilghts alDng thtt. Main Streol thrtsLtuh funding from the fv16d Utsier Dl$lri¢t Council and Toberfftore 8usln&s¥ Developmonts Lld. This yéaTfundirFll was also racèlvÈd 10 ¥ ¥p8tial wionation evenL MQKINMEY IIALL The McKinn¥y Hall 1$ a greal facèlity wiihkn Ihe vlll•gÈi 8nil cDntintJ8g to be usad by various gTuupg over the year. Tha hall has 8 8ignifiant iunning cosl for Ihe yea". and so fundraisipg arid funding lor Itie hall Is essential. We have trRaii fortunaLe tl)is year by receivin9 tundir79 frorn Mid Ulster Dislricl Council for the hall, We rernain tQWEed on uts'li8lng the hall as much as we Can as It is 8.gr88È hall within TotmOre. ' WAR MEMORIAL A cgmmltt88 has be8n set up lo manage the wlllagÈs War Mefflgnal. The surplus money fr(sm the W8r memortral ¢¢llfrGtion ha5 been trsnsferrod Iniu a. 5-P8fdle ljarik accouni and wlll be used to upkeep Ihe War mernorEal into I he lulur•. Fln4nclal rÈviBW The ¢0mmitteg will Gonlinue Its tondu¢t annual rBviews ol Ihe appropriate lovel o, unrestricied &TV$s. Thf) PUfP.058 rf Ihi8 reserve 18 to provide gtabilty for Ihe charlty to ertsure that Il 1$ ablo to honour exi3llno ttractUal objigationg. ¢0 Cover utFfoiBseen evenlj beyond the organisation's thntrol and to enable Il to GofitinJ¢ 18 operathorrt Ihe unllkely BvÉnt of ¥ signifitanl lluGXu*i(sn ID e%pendlIu or Inwme, TIFe ¢ommlttev alm to build TP3serves 10 al leost 3 fflottEhs of annual &xpendl¢uR, Thls may be achièved ty Intr&ased fLbnd laisino. In&wasin9 garned IrscomÈ or teduGing expendrfure. The pre$¢nt level of re8eTves avail&bl6 to Iho charlty i8. Oeem8d salisfBttory.
TOBERMORE COMMUNI PROJECTS TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 TAJsteÈ5 The lolltswlng Iru5tee s hayts hald olTit% since 1 .ApAI 2023,, Mr B Johnslon Mrs K P Buffl8 frAfs V Gregq Mr S Colgsh Mts M Brown Mi55 A Cgmpbell Mr8 A Black Mr8 A Devenay r G Moore Mr D M¢Kinney Mr¥ L Puryl8 The commrttee ar• Atlsfrèd that all grants havE be8D tssed solety , (?[ the purposes foi which Ihey were provlde On behall of Ihe ¢Omulittee Mts M Brown TnJ818 2 OGtDbÈr 2025
TOBERMORE COMMUNITY PROJECTS INDEPENDENT EXAMINERS REPORT TO THE MEMEBERS OF TOBERMORE COMMUNifY PROJECTS I report on tha accounts tsl the tharity far the yè818ndÈd 31 Marth 2024, which are s81 out on payB$ 4 to 9,. R•sp¢tlve respon¥lbllltles of trustees and examln•r AB IFFP diarlty's Ttu6t8e5: YOU 8r8 fe8ponsibl8 for the preparatlon <)1 the 2ccounis in accx)rdanc6 wlth th# Chariti83 Act (Northern Ireland) 2008. 11 is rE5ponsiblllty tth- examine the accDunl$ under ggclion 65 of the ¢h8rtties Act rollow Ihe procÈdyJfes laid doWTr in Ihe general dFrectlons given by the CurnThission und?r $ÉGlion 6519)(b) ol the Charllles Act state whelher particular thIers have ¢omé to Y Rttenth) BèslB Dt IndFdp¢nd¥rit examlngrfi report I have examlned your charity acnts 08 raquired Ljnder $5 01 Ihe Charities A¢t and rny Examination wa$ ¢8rtled oul in 8ccordanEB wilh the 9eneF¥I direLions glven by the Charity Cornmlss:on for Northern Ire.IèD.tJ under lÈon 65(9)(b) Df Ihe Chantieg A¢1, y examinaiion Inclu<ied 8 revègw of the accJJUnling recofds képl by lh8 charity and B ¢t)tnp¥rison Df thÈ 8cctJunig pièsenled wilh those r8cortls. 11 Blso IDGluded consideration rjf Htsy ufjusugl it¢ms or disGlosure5 In Ihe èc¢ountS, and seekino exp18ndiÈon3 Itorn ycu as ch8rily Tru3tees concetning any sts¢h mattern. M y roPa 19 to $tale whether 8ny rnateril rnatters have Corr to my attenllon 9ivlng me CaSe 10 believe: 1 , Thai unti ny reci)r(s were not kept In accordanco with section 63 01 the GhBrillfr¢ Attt, 2. ThBI th6 accourtts do not acconj with IhD22 2ee&unttng reco8. 3. Th8l the accaunts do not comply wlth lh8 atcounting rEqulrÉrD8tts of Ihe Ctiaiilles Act. 4. Thal (here F8 funher i[rforatI(Trn neEded foi a PToper und¢rstsnding of Ihk oG(x)unls to be ieaGh8d. Indenoni •xamin?r:s tsL7tqrnpnt I havo Oomplet my o amlnalion and h8v8 conc8ms In r85pect the matters {1) to {4) tpted abov8 and, conntrctl¢n wlth followl e dÈrectio.ns ol the Charity ComrnlssAon lor Northern Ireland, I hav8 found no t[latte Ihat. r¥qul rawing lu yo ntion. leph cQeagh CTA d on khajf of Davi Chartered Accountants 15 Meering Streei M2gherafell LDndondery BT45 68N 2 O¢lober 2025 oud
TOBERMORE COMMUNITY PROJECTS STATEMENT OF FINANCIAL ACTivifiES (JNCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 Rotrtri6ted UnstrIted funds funds Tolal 2024 31 Mar¢h 2023 Notès Incorn In8 rosourGe IDc¢minu r¢sourc8•. from gBneratad funds 12,880 8,870 16,750 21.4WI I nc4minE resources frorn t?l8 g¢ttviti 3,049 3.049 5.500 Total Inaornlng re¥ourcpg 15.929 3.870 19.799 26,987 Rè80ur¢es 8xpondo4 Ch2rltable activities Gov8Mat% GGSt6 IB,226 1,058 19.284 TBO 31,198 695 Totat resour¢o8 8xpend 1¥3,22ti 1,838 20.064 Net Incomlngl(outgolng) r8$our¢eD (2,297) 2.032 (265) {4.gQ6) T(rtBI funds brought roMJrd at 1 April 27.400 27,444 32.J50. Total lund8 carried forward at 31 MAr¢h 25.103 1076 27,179 The.slaEernenl of finanra81 a¢tlvfiliès has bean prepared on thè b¥sl% that all DP8rationg Bfa.COnllnulny tsFtsr*iDn5. Th ere srE no r8CDgni$•d g?Ins.arnd losse& oth er Ihan those passlr)g thTou9h th8 Btatement of financls l aixivTtiBS..
TOBERMORE COMMUNITY PROJECTS BALANCÉ SHEET AS AT31 MARCH 2024 2024 2023 NotE Fixed ass2[¥ Tangit>le assè 22,798 Currgnt assets Cash 81 bènk and In htnd 6,4ets 4.727 Cr•dltorJ: amotsThts falllng due withln ono year (2,195) ¢1.325) Nel CUfr•nt asset¥ 4.281 3,4112 Nèt assét3 2T,779 27.444 Funds UnrtrIcterI funds Geneial rÈ$eryes" 2.076 Re5LricEed funds 25.103 foiil charity fiJnd6 21,179 27.444 Tho nnaneial Btat8ment8 wère 8pproved by Ihe committe 2nd 8uthorlsed fDT issue on 2 OctDbÈr IO25 ar¢ *B slsned on ISS behall by., Mrs M Brown On behall ol tt• ¢ommflteg Cl¥)tity registration humber NIC101 Q76 (Northpm Irelarid)
TOBERMORE COMMUNITY PROJECTS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 AcGountlTrg pollcl 1.1 Goneral Inlorrnatlort Thos8 fSnanclal stattments hav6 b88n pr8par8d In 8c¢ord8noe FRS 102 Tre Flnanci81 Reporting Standard applieAbl& In Ihe UK and RÈpubli¢ ol Irèland. ("FRS 102") an4J the r&4Lttr¢thBrtl¥ ol COPaNieS Acl 2006 as appllcabie tts Gompantes subjecl lo Ihe small cornp2nles.regime. The dlsclvsuit requiremEnts 01 eGtiorE 1A of FRS 102 have LTreen applied otljer Itwn whBre addilional disrJosur6 Is f¢oulrEd to $how a true 80¢ 131r vlew. At th8 Ilm¥ of approving Ihe financlal 8tat8m8nts, th8 dir8ctor5 hav8 a reason3ble 8XPgCt3tK)n that the company has ad8qUa¢8 reaources tD coniints8 In Operational exiFt8Th¢e lor Ihe foreseeable tulure_ Thub IhB , direGtOTS GDrTtinue to adw Ihe going concern basis of accounting in preparin9 the financlal s143temenls. 1.2 A¢countln9 convenllon The fiTran¢ial 5talErnEnl5 prBparBd Tn sterlirsg, which l Ihs lunctional tTnEY ol th¢ charity. Mtjnétary affjounts In thÈse firbaniapl staternents afe rounded 10 the naatest £. The financlal sL3tements have bpen preparéd ttt¥ hls¢orlcal wst conv8ntion , i)odifi8d to Fn¢Lude IhB revaluation of freehold prop8rli86 and to InGludB invBsimunl prop¢rtl¢s and c¢rtaln 1Snanclal Insknmenl5 at fair valu& The prfncipal accounting policie5 adopted Hig sot oul b810w. 1.3 Gotng toncern Al tfEe time of approving the firranci31 statements. th8 ¢ommlt8e has a 2 fy3sonable expBclatlDn thot Ih 0PanY h65 adequale rtsources tg ¢onlinue In operational 8Xisiènce lor Ihe forese¢obl¢ ILLlyre fiius thg nimitO8 COntirbU8 to adopl th8 golng ttontm basis of ¥icwunting in plepariny th£ fin8nclal.6tAiement&: 1,4 Fynil a¢CDunting unreStrpEEd fund8 are avall8ble lor use al the discrpllon of the dirÈelors in furtrarEc8 ol the gon$ral objectlveEL of Ihts charlly. ReSttictd tunds are subjected to restrtIV on ttrielr expendlture Imp05èd by thB prowder i)f thE lund$, 1.5 IncomlThy rB8ourcos All incDrtking T889urGe8 6re Included In the statement of fin8nciel activlties when th¢ ¢h8rity Is entiued to thB Fncome and the atnounl can bE quanzftied Yétth reasonablp arxyrg¢y. The following spècific pollc16S Vdre Èpplie(J Eo partsculaf cate9orie3 01 incom. e. - Voluntary Incom? kv r¢c¢iy¢rl by way of 9rant$. donalions and gifts and Is Induded In Mll In IhÈ 5tat£m8nt of rin8ncial activtties when rgce4vablo. Granis. wheie entitl6m6ni Is nol condlllonal Ihe 4Jelivery of a specifi¢ p*rfttrmance by th£ tharlty. are recognised wlien thé th8fiiy becomes uncondttionally entllled lo the gr8nt. - DO51d servlce3 8nd lacilitses aTe Includ whtr¢¢ Ihls can be guantifjed, ThÈ value of SeTVitsS pvI[F&d by voluiitfjgrs h85 fkol been InCILed Iri tha39 financial st£tsrrtenls. - I nvestme rEt Inc¢jm& Is included when r•GtlV•D5B, - Incomlry rasouTee> from GhaTitable tfadlng acllvlty are auITted fty when oamBd. - Incom4ng reU[G8& Irom grartts. where rElated to pBrfomi4ncÈ and spe¢ff dBliverAblÉs, Rre accounled fcjf the charity pam$ lh¢ thjbl to ¢&nsideration by ils pprfarM¢¢.
TOBERMORE COMMUNITY PROJECTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Acc•untlng poll¢it8 (Conllnu•d) 1.6 Refjource$ ompended Expendiluro is on an actrttal bS as 8118bilily Is InCuBd. Expendlturo IncludÈs any VAfwhl Ggnnot be fully recovered, BTrd is reported as pèrl crf th expenditur¢ to vhkh h r£l¥les: - Costs of gener81ing fund$ CVTTTkTTise lh9 W$t9 a$$oeiated wilh attrattlin. 9 voluntary income and th$ Coats orf tradFnG for fundraising purposes Ch8rItabf6 Èxpendiluie wnTrprises those costs ITiCUTfEd by the th3rty in th9 delivery c>f 112 aciivi17es arF-d seNice8 for it8 bsp.eficiarios. It ineiudes both costs thal can be 211ttai8d diredy trl thivllie$ and those cosls of an indirect notU ne¢ess8ry to support them.. Guv8manR tts3tS I ncltsda u15ts assoclat6d ivjth m8ellng tha con5titulionsl antl $t8tutOry Tequlretnenls of tha charily and I nclu4Ya the audit fees and costs Ilnkéd lo th 8lratèylc rnarYag&me nt of the chatity. - AII costs ar& aEIDcatBd betW68n lh¢ expendilure raiesorle5 Ot the $taiement of finan¢181 scllvit4ty8 on a basis 10 rèflgcl Ehe use ol tho retsource, 1.7 Tanglbla flxed a358ts Ta rLglbla fixed assets are Inltially rrieasureit aE Cost and Subsequently rne?5ufèd Ot cost or walu?t!(Jn. n81 of depwlalion and any ImpairTnQnt105ses. D¢pT¥¢fiatlon Is re¢ognF%ed so as to write gff the ¢)sl or valuallon ol a8seis I¢s8 Ih8ir resldual values oyer Iholr IIS61ul Ilves on tht followin9 bases: 1.8 ¢ah and ea•h equlval•nts at barik in bgn¢ ore basi¢ finsanclol gssels ond Indu•Je cash In hènd, deposlts held kil call wilh ank8. Other short-ièm Ilquld Inve5trrtetrt5 wifh origin31 aturit105 of fhTèe monltis or IE5S. 3nd bank 04ffjrdrafts. 8 ank OVErdr2ft5 are 5hDwn wilhin borrowlngs in current liabililles_ 1.9 Flnan¢ial Instruments Th8 Ghartty has 81eclEd tu aFpiy the provi5i0n$ of Section 11 'Baske Flnantial Instruffi9nt8' and Section 12 'cither Fin ancial Instrurn¥nts Issues, of FRS 102 to all of its finanGial Instrurnents. FlnaneA'al InÈtrvments ar2 f¢¢ognl$ed In Ihe cb8rlty'8 balanc£ shee¢ wh¢n Ihe ckarlty becom95 Paty to tht tontr8cwal prov.Ision$ ol tho InstrumanL Fln8nci31 assets and118blllts88 am otfset, wlth th8 not 3rn0unts prosgntod In Ih8.financiaJ stat8moni3, vih8n IhèTÈ18 alègally ènforceabl2 rFght to sel olf Ih9'recognig8d amDunts antl thete is an intBnlion Io FetUe ll8t bks19 Qr to rÈall&a th¢ ksset and settle the liabillty sÈmultaneousiy. 1.10 Baslc IlnAftclal 4ss•ts Basi¢ Ihancaal assets. whlch IndLt08 debtors and casli and bank l)a18n(*9, a inlllally maaxjred 31 trATISdCtiun prlce Includi g tranBactlon CDsts and ar8 subsequanlly carriad at 8rn0rt13ed cast usqryg th6 ffeBtlve Inlerest method unless the arrangement ¢onsttlule# a IlnaT7¢1ng lrnn8a¢llon. whBrg Iho tranTAGb'on IÈ tnixa5ured at the presenl value of the future rerRipls disc£nIed at & markd of intttf¢SI. Financial assBIE daSSFfted 85 f8Gelvable wllhin one year are nol amortssed.
T08ERMORE COMMUNITY PROJECTS NOTES TO THE FINANCIAL STATEMENTS {¢ONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ountlny pollcie¥ (Contlnuod) f .11 Claslll¢atlon ol Ilnan¢l#l Ilabilllles FlTrancial Iiabilltles and equity insFrumÈrtls #fa classified 2ctorrllng tts the substancè ol the eontraclual 'attBngemeni$ entered Into. An ¢4uity tnstrtjment ¥$ any Govtra¢i th&1 tsvldences a sidUal inter¢si tha assets of the Company after dedts¢Ung all ol its li4bililles. 1.12 88t¢ financlBI Ilabllltiey- 8881¢ finanGial liabllllltt. InG1uding C(eit¢r$. b8nk103ns. 5Te llliti'ally T£cogni¥gd at trdnsaciion pr5CÈ vnle$3 the 8rr8ngerrJent constitutes a financing tran#action. whert thp debt Inslrumersl Is measured at thg present valLEe of th& tuture paynients disccurrted gt è martel rate cif interest. Financial fia¥lP5UEs Glassified Es payable wlthtn one year are ngt ?mortised, Oèbt I nslrument8 are 8ub5Équenlly cale0 al amortisad c06t, Lfslng the offe¢iive interesi rate Tllf tho¢. rrade codilots are obliuoiion pay lor goods tsr s•rvice& that have ty¢8n ac4uired In Itt• onjinary ujvrse )f business frvm suppllers. Amounts payabla ath tlas5ifjed És current118bililie5 if payment Is due within on8 yo8r 01 loss. 11 not. they aro presented a& non-current li8bilities. Tratfts u2ditors recognised inltlally at Iran$¢taiofi PTICÈ and SLthsequ6nlly rneasurFd 31 am¢rtssod c05t UBifkg Ihe eff¢Cti¥g Ittterest metho¢ 1.13 Gov•rnm•nt yrants Capitrdl orBnts ere ¢r¢dlled lo deterred revenue. Grants tt)wardS capitsr expendlture are rele8s8-d lo th8 prafj¢ and105$ 8¢wunt OV81 Ihe tsxpgcled uselul Ilf8 of the 2s>es. Gran15 tovrards ¥E¥ènuè èxpandiiurè arp ralaasèd 10 thB PTofil and1088 acwunt a9 Ihe relaied ¥xp8ndllur8 is incurred, FT8ehold land Is Dol depFeoMted. P8ymenis ia ¢6fjrktrd coiilrlbubon F¢Urpm¢nl benefit scheme5 ar¢ charg?¥ as an exp8nse a$ they fall due. The OW. uf provlaing b8n6fils u[r defined ben6fit plans li d8tarrnlnBd separat91y for &s¢h plan using Ihe PTGjEQted unlt u$¢lt melhtyj. and k based.gn Bcluerial 8Ivlc. Tho change In tlie net dffin&d benefit liabilily wslng from 8mpioyeg 58TViC8 tJurFng Ihg year Is raco9nl$#d Ss an 8rnplDyee cost. The cost ol plan Inlrodtsdion$, benefrt chan9es. settfernenl2 and ¢urtailtnentg are rewgnlsed &$ an gxpefJÈo Irb measuring profit oi10¥8 In th8 In which Ihey anse. Judgements and ktsy $OYf¢•8 Ot gstlrrtation uncertalhty ID IhE appllcation of the wmFfdn5 ecciivnllng pollelos, th8 dir8ttotG ara required to make Judg6mènts, gsEim)tes anrl assumptloos 8boul thtr t2rryinc] J3mount of assets 8ncl Iiatr"lities Ihat ar8 not 18adlly apparoTrl trom olher sourc&s. Tre esti[rte5 8n(t asso(a8led assumptlons are based on historical experience and 0tr8r ta¢tors Ihal are consid¢r8d to tso Televant. Actual results rnay differ from thos6 esllmate$. Thg &Sllmètes and u[eTIY4n9 8ssvmpl(ons 818 r8Vl8wed on an on90ing basts. Revtsiong ta. atrcourrting estimates rerJJgnisEd In Ihe period In which the estimate Is revised where the rovlsioD affects only that perioo. cr in the pefio¢ of Ihe rBVi5ion fvlure periods where Ihe revisiDn affocl8 both wrrent ILEknre periods. Employeos Th8 average tnonthly nutthr ot persons (Induding direclots) 0mplrJywJ by the Gornpany durtrby yBar was, 2024 Numbor 3023 Nrn*T Tglal
TOBERMORE COMMUNITY PROJECTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Tanglbla flx•d a5sels Plant and ma¢hlnory et C05¢ At 1 W512023 Additlons 36.Q88 618 At 31 2024 37,006 DEprncl&tlon and ImpAlnn•n¢ A11 Aprll 2023 Dèpr8datiDtt eh8rgad Ir, tylg ygar 12.948 .,1.862 At 31 Marth 2024 14.808 Cartylrtg amount AE 31 Mar£h 2024 22,798 At 31 March 2Q23 34,042 Credltors:"8Mounts falllng du• withln one year 2U24 2023 Olher Gredllors 2.105 1.325 Mov?Mthrtts funds Op¢nlng b8lan¢g In¢omlng Re50ufGes. resources ÈxpÈnthd losFng b813nce unr•8trl¢I fund General lunds 3,870 (1 ,8Y81 2.076 Rfj*tr¥cted fvndB 27,400 15,929 (18.226) 25.103 27,444 IP.799 (20,¢%4> 27.179
TOBERMORE COMMUNITY PROJECTS, DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 RBStrlcted Unr•$tri¢io Funds FundB Tota I 2024 2023 IhFomlng r&sourr•s trDm generatad tund8 Dongtlong Pundrfjising Grants Sperrin Cullural Aw8¥eness r41 Mtem815voS Rent r8raiv8ble 12.880 .12,880 965 19,590 111 427 339 1.020 965 2.905 2.905 Totsl In¢omlng ro8ources from gBnar•t8d funds 12,880 3.870 18.750 21,487 Incumlng r•$oui¢¥s Irom Gharttabl¢ 4¢tlvltle8 IAid Ul8t&t D151ficl CDuncd QAEFLI 2,500 549 2.500 549 5,500 Total In¢oTnlr59 rBsoiirc•$ ¢hkrltpl>l*a #£tlvltles 3,049 3,049 6,500 TDlaJ Incomlng rBsgurG¢s 15,929 3.870 19.799 26,987 Rfrgour¢o8 exp8nd8d Charllable aGtlvltle5 Support coEt8 Comtnunity PTtyects Rates PowBI,119hi and hèal Property repairs rnfiinten¥ncé Prem1908 In$urance Bank charge8 ¢hristrngs fjvenis Sundry expenses D¢pre¢iation 10,357 328 954 10,357 328 95¢ 81B 1.075 110 3,780 18,909 633 1,512 1,£16 665 818 131 110 944 3,780 4,893 1,032 1.862 1,862 18,226 1,058 19.2 31.198 Govornan¢• ¢o$ts lttdopoDdaDI o%aminpr fftr¢S 78Q 69 Totol re8ourw exp•nded 18,226 1,838 20.064 31.893 Net Irkcorningl(outgolnu) r¥8our¢e3 (2,297) 2,(FJ2 (Z65) (4.90f) .10.