CHARITY REGISTRATION NUMBER NIC101098
Derryhirk Rural Development Association ACCOUNTS
31 MARCH 2022
GM[c] G PORTADOWN
Chartered Accountants 17 Mandeville Street Portadown Craigavon Co Armagh BT62 3PB
Derryhirk Rural Development Association
GENERAL INFORMATION
Year ended 31 March 2022
| Charity Name | Derryhirk Rural Development Association |
|---|---|
| Contact Address | Derrycorry Orange Hall |
| Derryhirk Road | |
| Dungannon | |
| Co Tyrone | |
| BT71 6NH | |
| Charity Registration Number | NIC101098 |
| Trustees | Lyn McCrea |
| Joseph Campbell | |
| Barry McQueen | |
| Rosemary Matchett | |
| Desmond Mullen | |
| Secretary | Lyn McCrea |
| Independent Examiner | GMcG PORTADOWN |
| Chartered Accountants | |
| 17 Mandeville Street | |
| Portadown | |
| Craigavon | |
| Co Armagh | |
| BT62 3PB | |
| Bankers | Danske Bank |
| 45-48 High Street | |
| Portadown | |
| Craigavon | |
| Co Armagh | |
| BT62 1LB |
- 1 -
Derryhirk Rural Development Association
STATEMENT OF RECEIPTS AND PAYMENTS
Year ended 31 March 2022
| Unrestricted Restricted Funds Funds £ £ RECEIPTS Donations - - Grants - 2,857 GROSS RECEIPTS - 2,857 PAYMENTS Running of community events 883 1,336 Repayment of grants - - Asset and Investment Purchase Purchase of equipment 20 1,500 TOTAL PAYMENTS (903) (2,836) (DEFICIT)/SURPLUS FOR THE YEAR (903) 21 Cash funds at 31 March 2021 1,648 47 CASH FUNDS AT 31 MARCH 2022 745 68 |
Total 2022 £ - 2,857 2,857 2,219 - 1,520 (3,739) (882) 1,695 813 |
Total 2021 £ 161 5,580 5,741 2,382 450 2,312 (5,144) 597 1,098 1,695 |
|---|---|---|
- 7 -
Derryhirk Rural Development Association STATEMENT OF ASSEfs AND LIABIUTIES As at 31 March 2022 Total 2021 Funds Funds 2022 FUNDS RECONCIUATION Cash at bank and in hand at 31 March 2021 47 1.695 1.098 (Deficrtysurplus thi5 year end 21 882 597 Cash at bank arKI in hand at 31 March 2022 BANK AND CASH BALANCES Bank rrnt account OTHER ASSErs Unrestricted Fund: F1JS and equipment {eslimated cost) FingS and equiPnt ((Tht) Approved by the Triistees and signed on their behalf by: Desmond Mullen Ttee Trustee 7/5/.24............. Date........
Derryhirk Rural Development Association
NOTES TO THE ACCOUNTS
Year ended 31 March 2022
1. ACCOUNTING POLICIES
Set out below are the principal accounting policies which have been adopted in the compilation of the Statement of Receipts and Payments and the Statement of Assets and Liabilities.
(a) Receipts and Payments
All items of income and expenditure included within the Statement of Receipts and Payments have been accounted for on a cash basis.
(b) Assets and Liabilities
Cash and deposit balances are stated at their monetary amount.
Assets are included where there is a right to future economic benefit to which the Association is entitled at the year end.
Liabilities are included where there is a constructive or legal obligation falling upon the charity that requires a future economic outflow. However no account is taken of amounts due in respect of the recurring expenses of the charity as these are recognised in the Statement of Receipts and Payments when paid.
2. TRANSACTIONS WITH TRUSTEES
The Trustees did not receive either remuneration or the reimbursement of expenses in the year.
3. FUNDS
Unrestricted Funds – these funds are used at the discretion of the Trustees in fulfilling the objects of the charity.
Restricted Funds – these funds are used in accordance with specific restrictions imposed by donors or which have been raised by the Association for a particular purpose.
- 9 -