**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|



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**Derryhirk Rural Development Association** 

## **STATEMENT OF RECEIPTS AND PAYMENTS** 

## **Year ended 31 March 2022** 

|**Unrestricted**<br>**Restricted**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**RECEIPTS**<br>Donations<br>-<br>-<br>Grants<br> -<br>2,857<br>**GROSS RECEIPTS**<br> -<br>2,857<br>**PAYMENTS**<br>Running of community events<br>883<br>1,336<br>Repayment of grants<br>-<br>-<br>**Asset and Investment Purchase**<br>Purchase of equipment<br>20<br>1,500<br>**TOTAL PAYMENTS**<br>(903)<br>(2,836)<br><br>**(DEFICIT)/SURPLUS FOR THE YEAR**<br>(903)<br>21<br>Cash funds at 31 March 2021<br>1,648<br>47<br>**CASH FUNDS AT 31 MARCH 2022**<br>745<br>68|**Total**<br>**2022**<br>**£**<br>-<br>2,857<br>2,857<br>2,219<br>-<br>1,520<br>(3,739)<br><br>(882)<br>1,695<br>813|Total<br>2021<br>£<br>161<br>5,580<br>5,741<br>2,382<br>450<br>2,312<br>(5,144)<br>597<br>1,098<br>1,695|
|---|---|---|



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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 ￿rr￿nt account
OTHER ASSErs
Unrestricted Fund:
F￿1￿JS and equipment {eslimated cost)
F￿ingS and equiPn￿t ((Tht)
Approved by the Triistees and signed on their behalf by:
Desmond Mullen
T￿￿tee
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. 

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