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
UnreStrl￿ed 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 Re￿ip1S 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 re￿1ve 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 ac￿rdanCe with specffic restrictions
imposed by donors or which have been raised by the Associatson for a particular
purpose.