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2024-09-30-accounts

PORTSTEWART COMMUNITY ASSOCIATION (NIC 101459)

Receipts and Payments Account for the year ended 30 September 2024

Receipts
Grants Received
Red Sails Festival
Christmas Festival of Light
Donations
Red Sails Festival
General Fund
Other Charitable Activities
Red Sails Festival
Miscellaneious Receipts
Total Receipts
Payments
Red Sails Festival
Christmas Festival of Light
Subscriptions
Insurance
Bank Charges
Misc Expenditure
Hall Hire
Software &Internet Expenses
Training
New Gazebo
Printing
Total Payments
NET Movement
Closing Balance
Opening Balance
£
£
14,183
24,600
1,875
26,475
3080
2460
5540
2874
4,824
7,698
£
£
14,183
24,600
1,875
26,475
3080
2460
5540
2874
4,824
7,698
39,713
29,054
2652
60
252
96
296
330
146
590
918
222
34,616
5,097
19,280
5,097
19,280

PORTSTEWART COMMUNITY ASSOCIATION

(NIC 101459)

Statement of Assets and Liabilities As at 30 September 2024

Categories Details General
fund
Restricted
fund
Total
funds
Last year
£ £ £ £
Cash funds Current account 18410 750 19160 0
Cash 120 0 120 0
Total cash funds 18530
750 19280 0
Fixed Assets Details Useful Life
Yrs
Purchase
Date
Cost
£

Res.Value
£
Tear DropBanner 5 18/06/19 260
0
Gazebo Weights 10 16/11/21 494
296
Litter Pickers 5 13/05/22 300
120
Laptop 5 23/09/23 540
324
Printer 5 23/09/23 180
108
Phone 5 23/09/23 449
269
Gazebo 4 30/04/2024 918
689
Total 3,141 1,806
Current Assets Details Relevant
Fund
Amount
due
Lastyear
Debtors
Red Sails Festivalpostyear end receipts Restricted 0
750
Total 0
750
Liabilities Details Relevant
Fund
Amount
due
Lastyear
Deferred Income Restricted 750 0
0
0
Total 750
0

Signed on behalf of all trustees:

Signed by Independent Examiner:

Print Name: Fiona Shannon Print Name: Chair Signature: Signature: Date of approval: Date of approval: 19/12/2024

Patricia McGuigan

Notes

1/ Golf club payments recd Oct and Nov 2023 were added to the general fund £2460

2/ The CC&GBC £1875 recd 24/11/23 was for the Christmas Festival Fund

3/ CC&GBC overpaid Red Sails 2024 £2250 by mistake but will claw it back as applications are lodged. Of the £2250, it is assumed the outstanding payment from 2023 of £750 is now paid, and that the 25% balance for the 2024 festival, also £750 is now paid. That leaves £750 towards the 2025 festival which is shown as deferred income in the Assets statement

4/ No grant was received for the running costs but this is applied for and 75% may be received from CC&GBC.

5/.The closing bank balance includes £120 petty cash, same as last year as no movement given