## **PORTSTEWART COMMUNITY ASSOCIATION** (NIC 101459) 

## **Receipts and Payments Account for the year ended 30 September 2024** 

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





## **PORTSTEWART COMMUNITY ASSOCIATION** 

## (NIC 101459) 

## **Statement of Assets and Liabilities As at 30 September 2024** 

|**Categories**|**Details**|**General**<br>**fund**|**Restricted**<br>**fund**|**Total**<br>**funds**|**Last year**|
|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|
|**Cash funds**|Current account|18410|750|19160|0|
||Cash|120|0|120|0|
||**Total cash funds**|**18530**<br>|**750**|**19280**|**0**|
|||||||
|**Fixed Assets**|**Details**|**Useful Life**<br>**Yrs**|**Purchase**<br>**Date**|**Cost**<br>**£**|<br>**Res.Value**<br>**£**|
||Tear DropBanner|5|18/06/19|260|<br>0|
||Gazebo Weights|10|16/11/21|494|<br>296|
||Litter Pickers|5|13/05/22|300|<br>120|
||Laptop|5|23/09/23|540|<br>324|
||Printer|5|23/09/23|180|<br>108|
||Phone|5|23/09/23|449|<br>269|
||Gazebo|4|30/04/2024|918|<br>689|
||||**Total**|**3,141**|**1,806**|
|**Current Assets**|**Details**||**Relevant**<br>**Fund**|**Amount**<br>**due**|**Lastyear**|
||Debtors|||||
||Red Sails Festivalpostyear end receipts||Restricted|0|<br>750|
||||**Total**|**0**|<br>**750**|
|**Liabilities**|**Details**||**Relevant**<br>**Fund**|**Amount**<br>**due**|**Lastyear**|
||Deferred Income||Restricted|750|0|
|||||0|<br>0|
||||**Total**|**750**|<br>**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