FERMANAGH TALKING NEWSPAPER ASSOCIATION FINANCIAL STATEMENTS FOR YEAR ENDED 31 MARCH 2024
Independent ex2miDer's report to the trustees of Fernianagh Talking Newspydper Assoeiation We report on the accounts of the Ass¢xialion for the year ended 31 March 2024, which are set out on pages 2 to 3. Respedive responsibilities of trnstees and examlner The charity's trustees are sponSIble for the preparation of the accounts. The charity's Inistees consider that an audit is not required for ihis year and ihat an independent examination is needed. It is our responsibility to: examine the accounis to follow the procedures laid down in SC)RP ?005 to state whether particular matters have come to my altention. Basis of independent examiner's report Our examination was Carried out in accordance M'ith the guidance issued under The Ststement of Recommended Practice- Accouniing and Reporting by Charilies issued in March 2005. An examination includes a review of the accounting? records kept by the Lharity and a comparison of the accounts pr¢s¢nted with those records. li also includes consideration of any unusual items or disclosures in the accounts, and seeking explanalinns from you as trustees concerning any such matters. The procedures undertsqken do not provide all ihe evidence that would be required in an audit and ¢onsequently no opinion is given as to whether the accounts present a 'true and fair view. and the r¢port is limited to those matters set out in the slatement below. Independent examiner's stalemenl In connection with our elmInation, no matter has come lo our attention: . ( l ) which gives us reasonable cause io believe ihat in any material respect the requirements: to keep accounting records to prepare accounts which aecord with ihe accounting records and comply with SORP 2005 have not been mel; or (2) to which, in our opini, aiteniion should b¢ drawn in order to enable a proper understanding of the accounts to be reached. MacNeary Rasdale & Co Ltd Chartered Accountants and Registered Audllors WellingtOD House 30 Darling St Enniskillen Bf14 7EW 21Sf May 2024
Fermana h Talkin News er Ass lation rt of the trustees for the ear ended 31 MarLh 2 24 Statement of tru$tees' responslbllltles & Statemen¢ of disclosure of Inforrnation lo reportlng Aecountants Statement of trustee ' res The Irustees are responsible for preparinsj Ihe Tnle¥s, Report and the financial stsiements in accordance with applicable law and regulaiions. SORP'S requlres the trustees to prepare financial stalemenis I'or each financial year which give a true and fair view of Ihe state of affairs of the charitable associalton as al balance iheei date and of lis inwmin8 r¢sources and application of resour¢¢s, including income and expenditurc, for (he financial year. In preparing those financlal sla¢em¢nts, Ihe iruslees are required 10: Selec¢ Suitable aOUntIng policies and apply ihem ¢011sisi¢ntly: Make judgements and eytima¢es ihat are reasonable and prudeni; Siaie whether applicable a¢¢ouniing sthndards have been followed, subject lo any material departures disclosed and explained in the financial Sl¢lnen Prepare ihe financial stsiemenis on ihe goin&1 con¢¢ni basis unless il is inappropriate io presurne ihat lh¢ compan), will continue in business. They are also responsible for safeguarding the assets ot the company and hence for taking reasonable sieps for ihe prevention and detection of fraud and other iiyegularities. SL*ement f di lion I re ortin accoun1lS So far as each of the Iruslees in office ai the dale of approTr71 of ih¢se financial siatements are aware: There is no relevant accounting inforniaiion oi" wlii¢h the associ&ions ac.coun&ints are unaware; and They have taken all ihe sieps ihal th¢y vughi io hai'e rak¢n as trusiees in order lo maKe themselves aware of any relevant accounting infonnation and to esiablish thai the association's accountanis are aware of that information. By Order ofthe Board of Trustees ?i•t May ?024
FefmanaÉhTalkln8 Newspaper Assod Statement of Aftafidal A¢ilvttres Vndudlftz •d E¥pendlttwe Accourt) Forthe Year ended 31st Marth 2024 Unr•stsiLle41 Uhrnstrkted n(ts Funds lftcomlni r•%iurces Ina>mln8 r¢saur¢ttfrorn ynerated I1 Vduntoryincome Oonafjons Westem Health and Sodal Care Trust 8ank Interest RCO L197.$0 3.574.68 252.02 25.00 1.675.1)) 3.4S2.SO 80.31 5.049.20 523731 Costs olyfi•r•¢•d luftds: Ch•rlt4bl• A¢il¥lil•&' Insur•nces Posta8¢ and Stationery Advertlsln8 Travel costs 8ank Fees Telep1rte Sundryofnce expenses Membershlp Subsulptlons Repairs US8 Sti¢ks. cables & player Tr•lnin4 QAVS 639.86 50.00 381.50 87&60 64.16 742.36 287.98 62.00 586.94 40.07 693.00 1.286.88 68.12 791.28 170.78 82.00 121177 238.03 64.69 570.44 IG4rden Party Edlnbw8h) 3A63.26 4A49.19 Net movemffi¢ In lunds for the year- Net ialn 4)th resour for the year Recortdllotion oflunds Total of fimds as •¢ 31$¢ Mw(h 2022 2JA93.TI 23,9S&n 2519.71 23,95&77 Lw: Depfedatlon 1760.th)J I463.) Total olfunds •$ at 31st March I23 24319.71 23A93.77 All In¢omln8 resources and res¢wwces expended defNe from continuing adibiiies
Fennanath Talkln8 NewspapwAssod 8alance Sheet Fartheyeaf ended 3tst Marth 2024 Urtre#rkted notal fvnds 2024 Unrestflrted ITotal funds 2023 Flxed Assets Net Book Value 1st April 2023 Addltions durin8 year 3.339 2.316 3.339 3x12 463 Less Depfeclation written off 2.579 3.339 Cufrent Assets Cash at bank and in hand: Utster Bank Ltd Current Account Ulster 8ank Limlted 8usiness Rese Actnt Cash in hand 1.757 20.181 36 2L974 1,385 18.966 37 20.388 Net Current Assets 21,974 20.388 14et Assets 24.553 nted Balance at l April 2023 Sur lus efic tfof 23,n7 826 23.402 325 Reser¥es I453 23.n7 Approved and authorised on behalfofthe tntstees on 21st Mty 2024 Ms Marlon McLaughlin Mfs Pauline Flana8an