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2024-04-30-accounts

Page
CharityInformation
Trustees'report 2-4
Independentauditor'sreport 5-8
Statementoffinancialactivities M
Balancesheet 10
Statementofcashflows 11
Notestothefinancialstatements 12-22

Trustees MrBJones
MrlJones
MrGJones
Secretary MrBJones
Charitynumber NIC101790
Companynumber N1026238
Registeredoffice 4APortoraWharf
QueenStreet
Enniskillen
CoFermanagh
BT747PW
Auditor Moore(N.I.)LLP
30-32LodgeRoad
Coleraine
BT5211\113
Bankers Santander
298Deansgate
Manchester
M34HH
Solicitors McFarland,Graham,McCombe
41-43BachelorsWalk
Lisburn
BT281XN

Unrestricted Unrestricted
funds funds
2024 2023
Notes £ £
Incomefrom:
Charitableactivities 3 (38,851) 1,222,531
Investments 4 111,402 23,803
Totalincome 72,551 1,246,334
Expenditureon:
Charitableactivities 5 719,670 767,247
Totalexpenditure 719,670 767,247
Netincome/(expenditure)andmovementinfunds (647,119) 479,087
Reconciliationoffunds:
Fundbalancesat1May2023 8,972,242 8,493,155
Fundbalancesat30April2024 8,325,123 8,972,242

2024 2023
Notes £ £ £ £
Fixedassets
Intangibleassets 11 - 18
Tangibleassets 12 263,973 270,811
Investmentproperty 13 3,750,000 4,250,000
4,013,973 4,520,829
Currentassets
Debtorsfallingdueafteroneyear 14 275,842 -
Debtorsfallingduewithinoneyear 14 98,934 55,341
Cashatbankandinhand 4,162,633 4,645,914
4,537,409 4,701,255
Creditors:amountsfailingduewithin 15
oneyear (226,259) (249,842)
Netcurrentassets 4,311,150 4,451,413
Totalassetslesscurrentliabilities 8,325,123 8,972,242
Netassets 8,325,123 8,972,242
Thefundsofthecharitablecompany
Unrestrictedfunds 8,325,123 8,972,242
8,325,123 8,972,242

2024 2023
Notes £
£
£ £
Cashflowsfromoperatingactivities
Cash(absorbedby)/generatedfrom 20
operations (1,094,683) 1,401,943
Investingactivities
Proceedsfromdisposalofinvestment
property 500,000 -
Investmentincomereceived 111,402 23,803
Netcashgeneratedfrominvesting
activities 611,402 23,803
Netcashusedinfinancingactivities
Net(decrease)/increaseincashandcash
equivalents (483,281) 1,425,746
Cashandcashequivalentsatbeginningofyear 4,645,914 3,220,168
Cashandcashequivalentsatendofyear 4,162,633 4,645,914

2024 2023
Otherincome 28,650 29,296
Rentalincome (67,501) 1,192,035
Governmentgrantincome - 1,200
(38,851) 1,222,531

Unrestricted Unrestricted
funds funds
2024 2023
Bankinterestreceived 109,360 23,803
Interestreceivable 2,042 -
111,402 23,803

Charitable Charitable
activities activities
2024 2023
Directcosts
Staffcosts 35,495 34,936
Depreciationandimpairment 6,857 7,575
Rates 249,366 162,730
Insurance 70,221 60,668
Lightandheat 71,956 55,801
Repairsandmaintenance 35,515 119,255
Bankcharges 2,110 658
Sundryexpenses 10,774 2,903
Charitabledonations 135,628 244,677
RentalPropertyexpenses 33,125 50,836
Profitorlossonsaleofinvestmentproperty (50,000) -
601,047 740,039
Shareofsupportandgovernancecosts(seenote6)
Governance 11RA91 777nR
Analysisbyfund
Unrestrictedfunds 719,670 767,247
Supportcostsallocatedtoactivities
2024 2023
Governancecosts 118,623 27,208
Analysedbetween:
Charitableactivities 4114a7'! 77 'MD
2024 2023
Governancecostscomprise: £ £
Auditfees 3,776 3,450
Legalandprofessional 114,847 23,758
118,623 27,208

7 Netmovementinfunds 2024 2023
Thenetmovementinfundsisstatedaftercharging/(crediting):
Depreciationofownedtangiblefixedassets 6,839 6,981
Amortisationofintangibleassets 18 594

Theaveragemonthlynumberofemployeesduringth eyearwas:
2024 2023
Number Number
2 2
Employmentcosts 2024 2023
£ £
Wagesandsalaries 35,045 34,614
Otherpensioncosts 450 322
35_AAR idA~F

11 Intangiblefixedassets
Website
Cost
At1May2023and30April2024 1,800
Amortisationandimpairment
At1May2023 1,782
Amortisationchargedfortheyear 18
At30April2024 1,800
Carryingamount
At30April2024
At30April2023 18
12 Tangiblefixedassets
Freeholdland Fixturesand Total
andbuildings fittings
Cost
At1May2023 301,639 23,372 325,011
At30April2024 301,639 23,372 325,011
Depreciationandimpairment
At1May2023 36,197 18,002 54,199
Depreciationchargedintheyear 6,033 806 6,839
At30April2024 42,230 18,808 61,038
Carryingamount
At30April2024 259,409 4,564 263,973
At30April2023 265,441 5,370 270,811
13 Investmentproperty
2024
Fairvalue
At1May2023 4,250,000
Disposals (500,000)
At30April2024 3,750,000

14 Debtors
2024 2023
Amountsfallingduewithinoneyear: £ £
Otherdebtors 98,934 55,341
2024 2023
Amountsfallingdueaftermorethanoneyear: £ £
Otherdebtors 275,842 -
Totaldebtors 374,776 55,341
15 Creditors:amountsfallingduewithinoneyear
2024 2023
Othercreditors 221,107 244,690
Accruals 5,152 5,152
99f_?.riA 94qR49
16 Retirementbenefitschemes
2024 2023
Definedcontributionschemes £ £
Chargetoprofitorlossinrespectofdefinedcontributionschemes 450 322

At1May2023 Incoming Resources At30April
resources expended 2024
Generalfunds 8,972,242 72,551 (719,670) 8,325,123
Previousyear: At1May2022 Incoming Resources At30April
resources expended 2023
Generalfunds 8,493,155 1,246,334 (767,247) 8,972,242
Analysisofnetassetsbetweenfunds
Unrestricted
funds
2024
At30April2024:
Tangibleassets 263,973
Investmentproperties 3,750,000
Currentassets/(liabilities) 4,311,150
8,325,123
Unrestricted
funds
2023
At30April2023:
Intangiblefixedassets 18
Tangibleassets 270,811
Investmentproperties 4,250,000
Currentassets/(liabilities) 4,451,413
8,972,242

20 Cashgeneratedfromoperations 2024 2023
(Deficit)/surpusfortheyear (647,119) 479,087
Adjustmentsfor:
Investmentincomerecognisedinstatementoffinancialactivities (111,402) (23,803)
Amortisationandimpairmentofintangibleassets 18 594
Depreciationandimpairmentoftangiblefixedassets 6,839 6,981
Movementsinworkingcapital:
(Increase)/decreaseindebtors (319,436) 883,499
(Decrease)/increaseincreditors (23,583) 55,585
Cash(absorbedby)/generatedfromoperations (1,094,683) 1,401,943