CHARITY REGISTRATION NUMBER NIC101098 Derryhirk Rural Development Association ACCOUNTS 31 MARCH 2024 GMCG PORTADOWN Chartered Accountant5 17 Mandeville Slreel Portadown Craigavon Co Armagh BT62 3PB
Derryhirk Rural Development Association GENERAL INFORMATION Year ended 31 March 2024 Charity Name Derryhirk Rural Development Associalion Contact Address Derrycorry Orange Hall Derryhirk Road Dungannon Co Tyrone BT716NH Charlty Reglstratlon Number NIC101098 Trustees Lyn Mccrea Joseph Campbell {resigned 20 October 2023) Barry McQueen Rosemary Malchett Desmond Mullen Secretary Lyn M¢Crea Independent Examlner Gm PORTADOWN Chartered Accountants 17 Mandeville Street Portadown Craigavon Co Armagh BT62 3PB Bankers Danske Bank 4548 High Street Portadown Craigavon Co Armagh BT62 1 LB
Derryhirk Rural Development Association STATEMENT OF RECEIPTS AND PAYMENTS Year ended 31 March 2024 Total 2024 Total 2023 Unrestricted Restricted Funds Funds RECEIPTS 481 2,355 Donations Grants Sale of fittings and fixtures 542 542 2,385 2,385 TOTAL RECEIPTS PAYMEKrs Overheads Gifts King's Coronation Event 658 2.635 2,693 66 300 1.9TI 300 300 PAYMENTS 658 Asset and Investment Purchase Purchase of equipment 168 TOTAL PAYMENTS 826 {DEFICIT}ISURPLUS FOR THE YEAR 1284) 108 (176) (183) Cash funds at 31 March 2023 440 19 630 13 CASH FUNDS AT 31 MARCH 2024
Derryhirk Rural Development Association STATEMENT OF ASSEfs AND LIABILITIES As at 31 March 2024 Tot81 2023 UnreStrled Restrlcted Funds Funds ToLql 2024 CASH FUNDS RECONCILIATION Cash at bank and in hand at 31 March 2023 630 813 (Deficitysurplus thls year end 08 Cash at bank and in hand at 31 March 2024 BANK AND CASH BALANCES Bank current account Cash in hand 454 566 OTHER ASSErs Unrestrlctsd Fund: Fittings and 8qulpment (estimated cost) Restrlcted Fund: Fittings ar)d equipment (cost) TOTAL UNRESTRICTED FUNDS TOTAL RESTRICTED FUNDS Approved by the Trustees and SIgn on their behalf by. D88mond Mullen Trustee Barry McQueen Trustee
Derryhirk Rural Development Association NOTES TO THE ACCOUNTS Year ended 31 March 2024 ACCOUNTING POLICIES Set out below are the principal accounting policies which have been adopted in the compilation of the Statement of Reip1S and Payments and the Statement of Assets and Liabilities. la) 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 Llabllitles Cash and deposit balan$ are stated at their monetsry amount. Assets are included where there is a right to future economic benefft to which the Association is enlitled at the year end. Liabiltties are included where there is a constructive or legal obligation falling upon the charity that requires a future economic oufflow. However no account is laken of amounts due in respect of the recurring expenses of the chanty as these are recognised in the StaterrEnt of Receipts and Payments when paid. TRANSACTIONS WITH TRUSTEES The Trustees did not re1ve either remuneralion or the reimbursement of exFenses in the year. FUNDS Unr stricted Funds - these fijnds are used at the discretion of the Trustees in fijifilling the objects of the ¢harity. Restricted Funds- these funds a used in acrdanCe with specffic restrictions imposed by donors or which have been raised by the Associatson for a particular purpose.