Rural Health Partnership Statement of Financial Activities for the year ended 31 March 2025 Unrestricted Funds Restricted Funds Total Funds Total Funds 2025 2024 Notes Incoming resources Incoming resourcesfrom generatingfunds Voluntary income Other incoming resources Total incoming resources 126,578 12,181 138,758 138,656 13,637 152,293 265,234 25,818 291,052 289,467 36,277 325,744 Resources Expended Charitoble costs Governonce costs Total resources expended 141,238 10,199 151,437 80.550 14,076 94,626 221,788 24,275 246,063 221,144 17,664 238,808 Net incoming resources for the year / Net income for the year 112,6791 57,667 44,988 86,935 Total funds brought forward 165,516 93,433 258,949 172,014 Total fund carried forward 152.837 151,100 303,937 258,949 The statement of fina ncial activities includes all gains and losses recognised in the period All incoming resources and resources expended derive from continuing activities. The notes on pages 7 to 11 form an integral part of these financial statements Rural Health Partnership Balance Sheet for the year ended 31 March 2025 Note 2025 2024 Fixed assets Ta ngible fixed assets 28.533 35,521 Current assets Debtors Cash at bank and in hand 460 276,620 277,080 1,139 230,700 231,839 Creditors: amounts falling due within one year io 1,676 8,410 Net current assets 275,404 223,429 Total assets less current liabilities 303,937 258,950 Net assets 303.937 258,950 Funds Restricted income fund5 Unrestricted income funds li 13 151,100 152,837 93,433 165,516 12 303,937 258,950 Approved on behalf of the board and authorised for issue on 2 Ilsby Karl Hughes Chairper50n Margaret McGuire Treasurer The notes on pages 7 to 11 form an integral part of these financial statements Rural Health Partnership Notes to the financial statements for the year ended 31 March 2025 Accounting policies The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the period. 1.1 Basis of accounting The financial statements have been prepared in compliance with the Statement of Recommended Practice applicable to charities preparing their accounts with the FRS applicable in the UK and Ireland IFRS 1021- (Charities SORP IFRS 10211 and the Charities Act (Northern Ireland) 2008. 1.2 Incoming resources All incoming resource5 are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to pa rticu lar categories of income.. Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of f inancial activities when receivable. Grants where entitlement is not conditional on the delivery of a specif ic performance by the charity, are recoEni5ed when the charity becomes unconditionally entitled to the grant. Donated Services and facilities are included at the value to the charity where this can be quantified. The value of 5eNices provided by volunteer5 ha5 not been included. Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold. Grants, including grants for the purchase of fixed assets, are recognied in full in the statement of financial activities in the year in which they are receivable. Income from investments is included in the year in which is it receivable. 1.3 Resources expended Expenditure is recognised on an accruals basis when a liability 15 incurred which cannot be fully recovered, and is reported a5 part of the expenditure to which it relates. Charitable expenditu re comprises those cost5 incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those cost5 of an indirect nature necessary to support them. Governance cost5 include those incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements. Rural Health Partnership Notes to the financial statements for the year ended 31 March 2025 1.4 Tanglble fixed assets and depreciation Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes all costs that are di rettly attributable to bringing the asset into working condition for its intended use. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows.. Equipment 25% straight line Voluntary income Unrestricted Restricted Total Funds Total Funds Funds Funds 2025 2024 Grants Receivable Southern Hea 5th & Social Services Board National Lottery Public Health Agency HalifaxToplink Heritage Lottery Global's Make Some Noise The Community Foundation Arts Council for Northern Ireland The Royal Countryside Fund Confederation of Community Group5 Keep N l Beautiful 14,751 111,827 15.006 29,757 111,827 4,796 7,500 48,378 32,250 14,035 111,827 4,440 4,796 7,500 48,378 32,250 70,480 39,750 9,900 7,085 12,450 19,500 12,450 16,500 1,776 12,450 16,500 1,776 126 578 138 656 265 234 289 467 Other incoming resource5 Unrestricted Restricted Total Funds Total Funds Funds Funds 2025 2024 Earned Income Donations 11,906 275 13,637 25,543 275 35,977 300 Rural Health Partnership Notes to the financial statements for the year ended 31 March 2025 Charitable costs Unrestricted Restricted Total Funds Total Funds Funds Funds 2025 2024 Wages, salaries and pension Programme costs Administration Rent and room hire Travel, hospitality & volunteer expenses Computer & software costs Advertising & promotion Crisis Fund vouchers Printing, postage & stationery Membership Telephone Consultancy Repairs & Maintenance Sundry 105,806 20,362 2,579 7,000 1,636 1,373 105,806 76,195 10,357 11,485 3,233 7.184 85,502 59,537 14.180 11,122 2,294 1,208 263 30,816 927 1,000 796 6,984 5,646 869 55,833 7,778 4,485 1,597 5,811 156 500 1,776 926 1,082 500 1,776 3,110 600 460 3,110 600 410 50 141238 221 788 221144 Governance costs Unrestricted Restritted Total Fund5 Total Fund5 Funds Funds 2025 2024 Professional fees & accountancy Ban k cha rges Insurance Heat & Light Depreciation 7,013 308 1,074 1,364 440 7,013 308 1,074 1,364 14,516 3,216 386 1,006 422 12,634 14.076 Net incoming resources for the year 2025 2024 Net incoming resources is stated after charging.. Depreciation Taxation The charity's activities fall with in the exemptions afforded by the provisions of the I ncome and Corporation Taxes Act 1988. Accordingly, there is no taxation charge in these accounts. Rural Health Partnership Notes to the financial statements for the year ended 31 March 2025 Tangible fixed assets Buildings Fixtures Fitting5 & Equipment TOTAL Cost At l April 2024 Additions Disposals At 31 March 2025 50,536 7,528 50,536 7,528 Depreciation At l April 2024 Charge for Year Eliminated on Disposal At 31 March 2025 15,016 14,516 15,016 14,516 Net Book Value at 31 March 2025 Net Book Value at 31 March 2024 Debtors 2025 2024 Grant & other debtors Prepayments 710 429 460 460 Creditors: amounts falling due within one year 2025 2024 Trade creditors & accruals Other creditors 1,200 476 8,051 359 io Rural Health Partnership Notes to the financial statements for the year ended 31 March 2025 11. Analysis of net assets between funds Unrestritted Restricted Total Funds Total Funds Funds Funds 2025 2024 Fund balances at 31 March 2024 as represented by: Tangible fixed assets Cu rrent assets Cu rrent liabilities 677 153,835 11,6761 27,855 123,245 28,533 277,080 11,6761 35,521 231,839 18,4101 152 836 151100 303 937 258 950 12. Unrestricted funds 01-Apr 2024 Incoming Resources Outgoing Resources 31-Mar 2025 General Funds 165 516 138 758 151437 152 836 Purposes of unrestricted funds Funds which are expendable at the discretion of the directors in furtherance of the objects of the charity. In addition, funds may be held in order to finance capital investment and working capital. 13. Restricted funds 01-Apr 2024 Incoming Resources Outgoing Resources 31-Mar 2025 Restericted Funds 152 293 151100 Purposes of restricted funds Donations or grants received which are dedicated by the donor for specific purposes. Such purposes are within the overall aim of the organisation. 14. Contingent liabilities The charity has a contingent liability to the grant awarding bodies to repay grants if certain conditions are not met. li