Annsborough Community Forum {A company lirnited by guarantee, not havÉng a share capital Annual Report and Unaudited Financial Statements for the financial year ended 31 January 2023 Malone Accounting 12 Causeway Road Newcastle County Down BT33 ODL Company Number.. N1610839 Charity Number: 101196
Annsborough Community Forum IA company Ilmlt•d by guarnnto•, not havlng i Bhar• capltall CONTENTS Pag0 Reference and Adminislrdtive Information Trustees, Annual Report Statement of Trustees. Responsibilities IndeFendenl Examiners Report Statement of Financial Activltl85 Balanc8 Sh88t Notes lo the Financial Statements 10-14
Annsborough Communty Forum IA eompany Ilmltèd by guaranteo, not havlng a shar8 eapltall REFERENCE AND ADMINISTRATIVE INFORMATION Trustees Mary OToole Gerard Lynch Murtagh Higgins Leona Mccartan Laurence Tumelty Charty Numbgr in Northern IrelarKI 101196 Company Number N1610839 Registered Office 14 Annsbourgh Park Annsborough Casuewellan BT319NN Principal Address 42 8allylough Road Annsborough Casuewellan BT31 9NN Independent Examiner Malone Accounting 12 Causeway Road Newcasde County Down 8T33 ODL Bankers Danske Donegal Squafe West Belf8sI CountyAntrim BT16JS Northem Ireland Soll¢ttor3 Dominic Mclnerney 123a Main Street County Down BT33 OEA North8rn Ireland
Annsborough Communty Forum IA company Ilmllod by guarant, not havlng a sharn ¢opIt TRUSTEES, ANNUAL REPORT for the financial year ended 31 January 2023 The trustees present their TnJstees' Anr¢ual ReporL combining the Directots, Report and Trustees, Report. and unaudited financial statements for the financial year ended 31 January 2023. The financia1sts1ements8 prepared inaccordancewiththecompaniesAct2006. FRS 102Yhe Finanual RepothJ Stsndard applicable in the UK and Republic of Ireland" and Accounb"ng and Repo.n9 by Charib'es.. Statement of Recommended Practice applicable to charib.es preparing their financial ststements in accordance wilh the FinancFI Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. The TnJslees' Report ¢ontsins the infomiation required lo be prowded in Ihe Trustees. Annual Report under t ststemenl ofRecommended Practice ISORPlguidelines.Thelrustsesofthe companyare also charitytrustee5 forthe purpose of charity law and undef the company's constibjtion are known as members of the board of trustees. In this reportthe trustees ofAnnsborough Community Forum presenta summary ofits purpose,govemance. a¢Jvitie& achi8vements and finances for Ihe financial year 31 January 2023. The charity 1$ a registered charity and hence the report and results are presented in a IDM which complies with requirements of the Companies Act 2006 and. although not obliged to comply with the Statement of Recomm8TrJ& Practice applicable in Ihe UK and Republic oflreland FRS 102, Ihe organisab.on has implemented its recomm8ndaJts whore relevant in tha$0 finanoal statements. Review of Activiti•s, Achlevomènts and Performanc• Annsborough Community Forum owes and manages a communityhall frdcility in the wllage of Annsborough forth8 social and Tecreational benefit of local people. The group is still recovering from the financial affects and decli usors due to Covid. However, thisfinancial year has seen a sleady stream of athvits'es and users retuming to the hall. Our senior group has been reestablished as seniors feel rn0 confidènt to attend activib'es. They are now meeluyd ice a month and enjoying a variety ol light exerose dasses and health and mindfvlness awarenèss sessiorts aTrJ have been busy with knithng and crochetsng. Other users of the hall have induded winter training sessions for 2 underage Gaeli¢ clubs, Insh dancing. Handball, Birthday parb.es and exercise classes. The income generated frc these acb"vib'es along with a Service Level Agreemenlgrantfrom Newry, Mournè and Down Districlcouncil ensure that outgoings such as insuran, heal. alamis, mainienance etccan be o)vered and Annsborough Community Hall exists to provide so¢ial and recreational sefyi10Ttre benefiloflocal p8ople. The trustees are confidenlthatlhe conb'nLBJ growth in aclivitses and room hire will conbnue to grow and ensure the suslainability of th8 building for the benefit of future generations. The TrusleesofAnnsborough Community Forum haV0MplIed wilh Iheirdutyto have due regard tothe commissic public Ljenefitguidancewhen exer¢i$ing powwsand duties. Duringthefinancial yearAnnsboroughCommunty FONM continued to nsn & manage Ann¥l)orou9h Community Hall. The reopening of the hall to the public ensured the following purposes were mel". providing 18cilib.es to improve the conditions of life for local people,. promob'ng arts and culture". promob'ng citizenship and develop capacity. The benefits ofmeeting the abovo purposes included: increased ¢omrnunity participation: social interaction opportrJnib"es', improved conditions of lif8 (improved wellbeinglreduced isolab"on).' The benefftciaries were people living in Annsborough and Ihe Surrounding rural area. Financial Resufts Al the end of the financial yearthe tharity has assets of £344.07012022 - £361,125)and liabilitiesof£10,74712022- £20,003). The net assets ofthe charity have deuease¢Y by £17,799). Trusteos The tnjstees who served throughout the financial yèar. excepl as noted, were as knllows.. Mary OToole Gerard Lynch Murtagh Higgins Leona Mccartan Laurence Tumelty In accordance with the Con5tibJb"on, Ihe trustees rgtire by rotstion and, being eligible. offer themselvesfor re*lection.
Annsborough Community Forum IA eompany Ilmltod by guarantee, not havlng a sharn capltall TRUSTEES. ANNUAL REPORT for the financial year ended 31 January 2023 Compliance with Sector-wlde Leglslation and Standards The charity engages pro-actively with legislation. standards and codes which are developed for the secttsr. Annsborough Community Forum subscribes lo and is compliant with the following.. The Companies Act2006 The Charities SORP IFRS 1021 Approved by the Board of Trustees on 22 Soptgmbgr 2023 and slgned on Its behall by: Mary O'Toole Trustee
Annsborough Communty Forum IA company lIm•d by guardnt••. not having a shar• capltall STATEMENT OF TRUSTEES. RESPONSIBILITIES r the financial year ended 31 January 2023 The trLtslees. who are also di¢10rS of Annsborough Community Foruffl for the purposes of company law. are responsible for preparing the financial slatements in accordance with applicable law and gUlationS. Company law requiresthe tsijstees as the directors to prepare financial ststements for each financial year. Underthat law the trustees have elected to prepare the finanoal slatements in accordance with United Kingdom Generaty Accepted Alxounting Prdctice (United Kingdom Accountsng Stsndards and applicable lawl including FRS102 Tr Financial R&por1yng Standard applicatje in the UK and Republi¢of Ireland-. Undercompany law the trustggs must not appfove the financial slatements unless they are sab"5fied that Ihey give a Irue and fair viewof the stste olaffairs of harity and of the net income or expenditrjre ofthe d)arity fDr that period. In preparing these financial statements. Ihe trustees are required lo.. selecl suitsble aGGounb"ng poliaes and apply them ¢onsistenlJy- makejudgements and estimates that are reasonable and prudent state whether the financial ststerTJents have been prepared in accordance with the relevant financial reporting framework. identify those standards, and note the effect and the reasons for any material depathre from tho Standards,. and prepare the finanryal ststements on Ihe going conc8m basis unless il is inappropriate to presume that the tharity will continue in operation. The trustees confimi Ihat they have complied wilh the above requirements in prepanng Ihe ffinancial statements. The trustees are responsible for keeping adequate accounting renIS Ihat are suffiuent lo show and explain the charity's transactionsand disclose with reasonablea(Luracyatanytime the financial position oflhe charity and enat Ihem to ensure that the finaniial statements comply with the Companies Act 2006. They are also responsible fc* safeguarding Ihe assets of Ihe charity and hence for taking reasonable stepsfor the prevention and detection offrau and otherigU1arities. Approvèd by the Board of Trustees on 28 September 2023 arKI signed on ris beha by.. Mary Trustee
Annsborough Community Forum IA company limited by guaranlgo, not havlng a sharg pitalI INDEPENDENT EXAMINER'S REPORTTOTHE BOARDOF TRUSTEES OF ANNSBOROUGH COMMUNITY FORUM We have examined the financial statements ofthe charityforthe financial yearended 31 January 2023, which compli the Statement of Financial Activities (incorporating an Income and Expendilure Accounll, Ihe 8alance Sheet and the related notes. This report is made 501gly lo the charity's members, as a body, in accordance with Chapter 3 of Part 16 of Companies Act 2006. Our work has been undertaken so that we might compile the financial statements that we ha beenen9aged tocompile,reportto the Board ofTrustees that we havedoneso, and stsle those matters thatwe ha agreed to stste to thern in thi5 report and for no olherpurpose. To the fullest extent pernitted by law. we do not accept or assume responsibilityto anyone otherihan the charityand the charity's members. as a body, for ourwork, or for Ihts report. Respective rosp)nslbilltle5 of tru¥tggs and examlner The charity's Iruslees Iwho are also the directors of the company for the purposes ofcompany lawl are responsible tr the preparats.on of the financial statements in accordan with the requirements of the Companies Act 2006. T charsty's trustees consider that an audit is not required for 1his finanaal yfrar under Chapter 3 of Part 16 of the Companies Act 2006 and Ihal an independent examination is required. It is our responsibility to.. examine the financial statements under section 65 of the Charities Act., follow the procedures laid down by the general Directions given by the Charity Commission for Northem Irela1 under secb.on 6519llbl of the Charities Act., and state whether particular matters have come to our attention. Basi5 of ind8pgndent examiner's report We have examined your Charity's financial strtements as required under section 65 of the Chariti8s Act and our examination was carried out in accordance with the general Directs'ons given by the Charitycommission for Northem Ireland undersection 6519llbl of the Charities Act. An exami natson indudes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records.11 also indudes considera of any unusual items or disclosures in the financial statements and seeking explanations from the trustees concgrnir any such matters. The prodUreS undertaken do not provide all the evidence that would be required in an audilarKJ consequently no opinion is given as to whelherthe accounts presenta 'true and fair. view and the report is limited to those matters set out in the ststement below. Independent examiner's statement In connect'on with our examination, no matter has come to our attention which gives us caus8 to believe that in, any material respect.. accounting record5 were not kept in accordance with section 386 of the Companies Act 2006 the financial slatements do not accord with those accounb'ng records the financial statements have not been prepared in accordance with the accounting requirements of secbon 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practi applicable to chariti8s preparing theiraccounts in accordance with the Financial Reporting Standard applicabb in the UK and Republic of Ireland {FRS1021 there is further information needed for a proper understanding of the aounts to be reached. We have no concemsand have come across no other matters in eonneclionwith the ex8mination to whichattentic should be drawn in this report in order to enable a proper understanding of the finallcial statements to be reached. MALON ACCOUNTING 12 Causeway Road Newcastle County Down BT33 ODL Date: 28 Septemb8r 2023
Annsborough Community Forum IA company Ilmlted by guarant•è, not havlng a 6hare capltall STATEMENT OF FINANCIAL ACTIVITIES Ilncorporating an Incomfj and Expenditure Aecountl for the financial year ended 31 January 2023 Unrestricted R•stricted Funds Funds 2023 2023 Total Unrestricted Restricted Funds Funds 2022 2022 Total 2023 2022 Notes kncome Donations and legacies Charitable acty'vities - Grants from governments and other co-funders Hire of Hall 9,256 9,256 10,556 10.556 32 3,909 3.909 3,300 3,300 5.306 5.306 1.956 1,956 Totsl income 18.471 18,471 15.812 15.812 EXnditUr Raising funds Charitable activities 4,982 1,504 4,982 21,288 3,378 1,342 3.378 44,356 19.784 43,014 Total Expenditure 6,486 19,784 26,270 4,720 43,014 47,734 Not In¢omel{expenditural Transfers beeen fvnds 11,985 119.7841 17.799) 11,092 {43,0141 131,9221 Net movement infunds for the financial year 11,985 119,7841 17,7991 11,092 {43,0141 131.922} Reconciliation of funds 8alances brought forward al 1 February 2022 10 10.422 330,700 341,122 16701 373,714 373.044 Balances Carrled forward at 31 January 2023 22,407 310,916 333,323 10,422 330,700 341.122 The Ststement of Financial Activities includes all gains and losses recognised in the financial year. All income and expendire relate to conb"nuing activits'es. The notes on pages 10 to 14 form part of Ihg finanoK41 ststements
Annsborough Communty Forum IA company Ilmlted by guarant88, not havlng a sharn capltall Company NumboT: N1610839 BALANCE SHEET as at31 January 2023 2023 2022 Notes Fixed Assets Tangible ass6ts 340,35B 360.142 CurrentAssots C8sh at bank and in hand 3,712 983 Credltor¥: Amounts falling due within one year 110.7471 (20,0031 Net Current Liabilitigs 17.0351 (19,0201 Total Assets loss Currgnt Liabilitigs 333.323 341,122 Funds Restricted trust ftjnds General fund (unrestricted) 310,916 22.407 330,700 10,422 Totsl lunds 10 333,323 341,122 These financial sialements have been prepar8d in accordance with the special provisions relab'ng lo small compan&8 within Part 15 of the Companies Act 2006. For the financial yearended 31 January 2023 the charitywas entiued to exemption from audit undersecbon 477of Companies Act2006,' and no notice has been deposited under seth.on 476. The trustees confirm that the members have not required Ihe companylo obtsin an audilof its ffinancial ststementsfor the financial year in question in accordance with secb'on 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which Gomp with section 386 and for preparing financial stslements which give a true and fair view of the stsle of affairs of the charity as al the end of Ihe financial year and of its profil and loss for the financial year in accordan wilh tr requirementsofsecdons 394and 395and which otherwise complywith the requirementsofthe CompaniesAcl 20 relating to financial statements. so far as applicable to the charity. Approved by the Board of Trustees and authorisod for issue on 28 September 2023 and signed on Its behalf Mary O'TOO Trustee The noles on pa9es 10 to 14 form parl of the financkal statements
Annsborough Community Forum IA company Ilmltad by guarant••, not havlng a sh¥r• pItalI NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 January 2023 GENERAL INFORMATION Annsborough Community Forum is a company limited by guarantee incorporated in the United Kingdom. The registered office ofthe company is 14 Annsbourgh Park, Annsborough, Casllewellan, BT319NN which 1$ al the principal place of business ofthe company. The financialstatements have been pre$ted in Pound Sterfir l£} which is also the functional currency of the company. SUMMARY OF SIGNIFICANT ACCOUNTING POUCIES The following accounling policEs have been applEd consislenuy in dealing with ilerns which are considw&J material in relation to the Gharity's financial statements. Basis of preparation The financial statements have been prepared on the going concern basis underthe historical cost ¢onvenb'(n. modified to include certain items al fair value. The financial statements have been prepared in accordance the Statement of Recommended Practice ISORPI "Accounting and R6ports'ng by Charities preparing the accounts in accordance with the Financial Report'ng Standard applicabl& in the UK and Republic of Ir8latKI FRS 102.. As permitted by the Companies Act 2006. the charity has varied the stsndard fomiats in that act for the Statement of Financial Activities and the Balance Sheet DeparbJres from the slandard formats are to comp with the requirements of the Charities SORP and are in compliance with seth'on 4.7. 10.6 and 15.2 of Ihat SORP. statement of compliance The f nancial statements of the charity for the financial year ended 31 January 202 3 have been prepargj on the going concem basis and In accordance with the StslemenlofRecommended Practice ISORPI'Aceounb"ryJ and Reporting by Charities preparing their accounts ir* accordance with the Financial Reporbng Stsndawj applicable in Ihe UK and Republic of Ireland FRS 102.. Cash flow statement The charity has availed ofthe exemption in FRS 102 from the requiremenlto produce a cash flow statement because it is classified as a small charity. Fund accounting The following are the categorises of ndS maintsined.. R•strlcted funds Restricted funds represent income received which can only be used forparticular purposes, asspecified by donors. Such purposes are within the overall objectives of the charity. Unrestricted funds unrestn.cted funds consist of General and Designated funds. General funds represent amounts which are expendable al the discretion of the board, in fvjrtherance ofthe objectives of the charity. Designated funds comprise unrestricted fvnds that the board has, at its discretion. set aside for particuLgr purposes. These designab.ons h8ve an administrative purpose only, and do not legally restn.ct the board discretion to apply the fund.
Annsborough Community Forum IA company Ilmkod by guarant•e, not havlng a shar• capltall NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 January 2023 Incomo Income is re(x)gnised by inclusion in the StslementofFinancial Activil'es onlywhenthe charity is legallyentiknj to the income, performance conditions 8ttached to the itemlsl of income have been met, the amounts invol can be measured with sufficient reliability and il is probable that the income will be received by the charity- Income from charitable activities Income from charitable activities include income earned from the supply of servi5 under contractual arrangements and from performance related grants which have conditions that specify the provision of parkncularservices io be provided by the charity. Income from governmenland other Go-funders is recogni88J when the charity is legally ent'ded lo the income because it is fulfilling the conditions contsined in the latj funding agreements. Where 8 granlis received in advance, its recognition isdeferred and induded in cdItI& Where enlilemenl occurs before income is received, il is accrued in debtors. Grants from gov&mments and other co-funders typi¢ally include one ofthe following types of conditions: Perform8n¢e based conditions.'whereby the charity is contractually enlided lo fvnding only lo the extent that the core objectives of th8 grantagreementare achieved. Whgre the charity is m88b.ng the core objectives of a grant agreement. il recognises the related expendibjre, lo the extent that il is reimbursable by the donor, as income. -Time based conditions.. whereby the charity is contractually entiled to funding on the condition thalil is uliliwj n a particular period. In these cases the charity recognises the income to the extent it is utilised within the period spee1fied in the agreement In the absence ofsuch conditions, assuming thatreceiptis probable and the amounlcan be reliably rneasuwl, grant income is recognised once the charity is notified of entilJemenL Grants received towards Capital expendilureare credited to the Statementof Finanryal Activities when rette or receivable. whichever is earlier. Expenditure Expenditure is analysed belween costs of charitable activities and raising fijnds. The costs of each activity arE separately accumulated and disdosed, and analysed according lo their major wmponents. Expenditure is recognised when a legal or construcb.ve obligation exists as a result of a past evenL a transfer of econo benefits is required in setuementand the amounlof the obligation c8n be reliably measured. Supportcosts are those fvnckn'ons that assisl the work of the charity bul cannot be attributed to one acb'vity. Such costs are allocated lo activities in proporbon lo stsff time spent or other suitsble measure for each acbvity- Tangible fixed assgts and depreciation Tangible fixed assets are stated at cost or at valuation. less accumulated depreciab'on. The charge lo depreciation is calculated to write off the original coslor valkJ8tion of tsngible fixed assets. le58 their estimatj residual value, over their expected useful lives as follow$= Land and buildings freehold Plant 2nd machinery Fixtures, fittings and equipment 4% Straight line 15Yo Straight line 15 % Straight line Cash at bank and in hand Cash at bank and in hand comprises cash on deposit at banks requiring less than three months, lloti of withdrawal. Taxatlon No current or defeed taxation arises as the charity has been granted charitsble exemption. INCOME DONATIONS AND LEGACIES Unr•5trictod Restricted Fun(ts Funds 2023 2022 Donations and legacies 9256 9,256 10,556 11
Annsborough Community Forum IA Company Ilmhfjd by guarantga, not havlng a $har• ¢apltall NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 January 2023 CHARITABLE ACTIVITIES Unrestrlcted Restrlct8d Funds Funds 2023 2022 Unrestr'cted Grants 3,909 3,909 3,300 OTHER TRADING ACTIVITIES Unrestricted Restrlcted Funds Funds 2023 2022 Income from Hall AGtivit'es 5.306 5.306 1,958 EXPENDrruRE RAISING FUNDS Dlrect Coats Other Costs Support Costs 2023 2022 Cost of Hall Aclivilles 1.129 3,853 4,982 3,378 CHARITABLE ACTNMES Dlrect Costs Othor Cost¥ supp1 2023 2022 Expenditure on charitable activities Governance Costs (Note 4.31 20,478 20A78 810 43.108 1.250 810 810 20,478 21,288 44.356 GOVERNANCE COSTS Dlr•ct Costs Other Costs Support Costs 2023 2022 Charitsble acts'viti8s- govemance ¢o$ts 810 810 1,250 ANALYSIS OF SUPPORTCOSTS 2023 2022 Bank F88s Insurance Heal & Light Telephone Depreciatson 694 1,375 1,000 1,478 19,784 92 1,233 1,075 43,014 24,331 45,414 NET INCOME 2023 2022 Net Income Is stated after ¢hargingllcreditingl: Depreaalion of tangible assets Independent Examinerfs remuneration.. - independent examination service5 19,784 43,014 810 500
Annsborough Community Forum IA company 11mlt by guarantèe, not having a share capltall NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 January 2023 TANGIBLE FIXED ASSETS Land and buildings freehold Plant and Fixtures, machlnery flttlngs and equipment Totsl Cost At 31 January2023 469,586 2,580 8,592 480,758 Depreciation Ai 1 February 2022 Charge for the financial year 114,487 18,784 903 129 5,226 871 120,616 19,784 At 31 January 2023 133,271 1,032 6,097 140,400 Net book value At 31 January 2023 336,315 I48 2.495 340.358 At 31 January 2022 355.099 1,677 3.366 360,142 CREDITORS Arnounts falling du• wlthln one year 2023 2022 Trade creditors Accruals and deferred incorne 9,257 1.490 18,513 1,490 10,747 20,003 RESERVES 2023 2022 At 1 February 2022 Deficit for the financial year 341,122 17,7991 373,044 (31,9221 At 31 January 2023 333.323 341,122 10. FUNDS 10.1 RECONCIUAnON OF MOVEMENT IN FUNDS Unrestrlcted Restrlctad Funds Funds Total Funds At 1 February 2021 Movement during Ihe financial year 16701 11,092 373,714 143,014) 373,044 {31,9221 Al 31 January 2022 Movement during Ihe financial year 10,422 11,985 330,700 119,784 341,122 17.7991 At 31 January 2023 22,407 310.916 333,323 10.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 February 2022 Income Expendlture Transfers between funds Balance 31 January 2023 Restricted funds Restricted Unrestricted funds Unreslricted General 330.700 19.784 310,916 10.422 18,471 6,486 22,407 Totsl funds 341,122 18,471 26,270 333,323 13
Annsborough Communty Forum IA company Ilmlt•d by guarant. not havlng a sharn capltall NOTES TO THE FINANCIAL STATEMENTS conb'nued for the financial year ended 31 January 2023 10.3 ANALYSIS OF NET ASSETS BY FUND Fued as$ots -charity use Cwrent assots Current Ilabllltles T¢>tal Restrtcled trust funds 340,358 67 {29,509) 310,916 Unreslricted general fvnds 3.645 18.762 22.407 340,358 3,712 110,7471 333,323 11. STATUS The ¢harity is limiled by guarantee not having a share capitsl. The liability oflhe members is limited. Every member of the companyund•rtake$to ¢onthbuté to the assets ofthe company in the event of it beirvJ wound up while Ihey are membefs. or wilhin one yeartheréafter. for the payment of the debts and liabilities of tre companycontracted beforethey ceasedto be members. andthe costs. charges andexpensesofwindir¥J up, and for the adjustrnentolthe righlsoflhe contributors among themselves, such amountas rnay be qUI. not exceeding £ 1. 12. RELATED PARTY TRANSACTIONS There were no trustee bonofits or remunerab'on paid forthe yearended 31 January2023. 13. POST4ALANCE SHEET EVENTS There have been no wgnificant events affecling Ihe Charity since the finantyal yfrar4nd. 14