**THE OAK PARTNERSHIP** **Registered with The Charity Commission for Northern Ireland NIC101122** ## **INCOME & EXPENDITURE ACCOUNT** ## **For the year ended 31 March 2024** |Note
**INCOME**
Donations
2
Interest
Other Income
3
**EXPENDITURE**
Women's Group Expenses
Insurance
Legal Fees
Light & Heat
4
Bank Charges
Water Rates
TV Licence
Repairs and Renewals
Cleaning
**SURPLUS/(DEFICIT) for the year**|**2024**
**5,972**
**14**
**3,000**
**8,986**
**3,855**
**1,786**
**-**
**(2,082)**
**99**
**169**
**159**
**-**
**780**
**4,766**
**4,219**|2023
5,580
10
2,300| |---|---|---| |||7,890| |||2,471
1,414
645
4,758
94
384
159
-
921| |||10,848| |||(2,957)| 5 **THE OAK PARTNERSHIP** **Registered with The Charity Commission for Northern Ireland NIC101122** ## **BALANCE SHEET** ## **As at 31 March 2024** |**FIXED ASSETS**
**CURRENT ASSETS**
Cash at Bank & in Hand
Accounts Receivable
Presbyterian Mutual Society
**CURRENT LIABILITIES**
Creditors
**NET ASSETS**
Represented by:
**RESERVE**
**S**
Balance 01/04/2023
Surplus/(deficit) for the year
Balance 31/03/2024|**2024**
-
**-**
**9,677**
**92**
**174**
**9,943**
**-**
**9,943**
**5,724**
**4,219**
**9,943**|2023
-| |---|---|---| |||-| |||5,457
92
174| |||5,724
-| |||5,724| |||8,681
(2,957)| |||5,724| ## **Chairman** ## **Date** **26/01/2025** ## **Sam Lamont** **Treasurer Emily Shaw** **Date 26/01/2025** 6 **THE OAK PARTNERSHIP** **Registered with The Charity Commission for Northern Ireland NIC101122** ## **NOTES TO THE FINANCIAL STATEMENTS** for the year ended 31 March 2024 ## **1 ACCOUNTING POLICIES Basis of preparation** The financial statements have been prepared under the historical cost convention. The accounting policies adopted have been applied consistently in dealing with items which are considered material in relation to the company's financial statements. |**2**
**DONATIONS**
Orangefield P. C.
Personal & Anonymous donations
**3**
**OTHER INCOME**
Belfast City Council Grants|**2024**
**5,852**
**120**
**5,972**
**3,000**
**3,000**|2023
4,960
620| |---|---|---| |||5,580| |||2,300| |||2,300| ## 4. **Light & Heat** The light & heat balance includes £2,961.92 repaid by PowerNI on 02/10/2023 for amounts overpaid on Tenants Hall. 7