2018-07-31-accounts - Lurgan Junior Gateway Club

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Lurgan Junior Gateway Club Charity number NIC102067

Receipts and Payments Accounts for the period 1st April 2017 to 31st July 2018

Lurgan Junior Gateway Club

Financial Statements

for the period 1st April 2017 to 31st July 2018

Contents	Page
Trustees' report	2, 3
Examiner's report	4
Statement of financial activities	5
Balance sheet	6
Notes to the accounts	7

Lurgan Junior Gateway Club

Trustees' report

The Trustees during the year were: Name

Mr Dominic Hand Chair Mr Paul O Shea Secretary

Method of appointment

Trustees are elected by the members at the AGM

Registered address

Emmanual Christian Fellowship 23A Castle Lane Lurgan Craigavon County Armagh BT67 9BD

Bankers

First Trust 4-8 Market Street Lurgan Co Armagh BT66 6AQ

Governing document

CONSTITUTION ADOPTED 1ST JULY 2014

Objects of the organisation

The objects of the charity are: The relief of those in need by reason of youth, age, ill-health, disability, financial hardship or other disadvantage

Independent Examiners

Community Accountancy Services Northern Ireland 43 John Street Cityside Derry Co Londonderry Northern Ireland BT48 6JY

Lurgan Junior Gateway Club Trustees' report continued

Statement of Trustees responsibilities

Charity law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charity. In preparing those financial statements, the trustees are required to:

select suitable accounting policies and apply them consistently
make reasonable and prudent judgements and estimates
prepare the accounts on a going concern basis unless it is inappropriate to presume that the charity will continue to run.

The trusteess are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial accounts comply with charity commission guidelines. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the trustees by:

Signature……………………………………………….

Name……………………………………………………

Date…………………………………………………….

Lurgan Junior Gateway Club Independent examiner's report on the accounts of for the period 1st April 2017 to 31st July 2018

I report on the accounts of the charity set out on pages 6 to 7

This is a statutory independent examination.

Respective responsibilities of the trustees and the examiner

As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008.

It is my responsibility to:

*examine the accounts under section 65 of the Charities Act

*follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act

*state whether particular matters have come to my attention.

Basis of independent examiner's report

I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts and seeking explanations from you as charity trustees concerning any such matters.

My role is to state whether any material matters have come to my attention giving me cause to believe:

That accounting records were not kept in accordance with section 63 of the Charities Act
That the accounts do not accord with those accounting records
That the accounts do not comply with the accounting requirements of the Charities Act
That there is further information needed for a proper understanding of the accounts to be reached.

Independent examiner's statement

I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.

Date: 30th December 2018

On behalf of Community Accountancy Services Northern Ireland

Lurgan Junior Gateway Club Receipts and payments account for the period 1st April 2017 to 31st July 2018

Receipts Grants and Donations Other Total receipts Payments Insurance Telephones Heat and Light Supplies Other Total payments Net receipts / (payments) Transfers between funds Cash fund balances brought forward Cash fund balances carried forward	2018 Unrestricted funds £ 5,271 5,120 10,391 939 1,426 1,191 4,789 7,700 16,045 (5,654) - 7,130 1,476	2017 Unrestricted funds £ 5,604 7,140
		12,744
		342 518 433 1,741 2,800
		5,834
		6,910 - 220
		7,130

Lurgan Junior Gateway Club

Balance sheet

as at 31st July 2018

Balance sheet as at 31st July 2018 Lurgan Junior Gateway Club
Fixed Assets Tangible Assets (4) Cash at bank and in hand (5) Debtors Creditors Total current liabilities Net assets Funds Restricted Funds Unrestricted funds Total Funds	2018 Unrestricted £ - - 1,497 - 1,497 21 21 1,476 - 1,476 1,476	2017 Unrestricted £ -
		-
		7,130 -
		7,130
		-
		-

		7,130
		- 7,130
		7,130

The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with charity commission guidelines and preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of the financial year.

The financial statements were approved at a meeting of the trustees. and signed on its behalf by:

Signature……………………………………………….

Date………………………………………………………

Lurgan Junior Gateway Club

Notes to the accounts

for the period 1st April 2017 to 31st July 2018

1 Accounting Policies

a Basis of accounting

The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice, Accounting and Reporting by Charities.

b Income

Donations and legacies are accounted for when received by the charity. Other income is accounted for on an accruals basis as far as is prudent to do so.

c Grants

Revenue grants are recognised in the Statement of Financial Activities on receipt, subject to any required conditions being met or services being provided. Capital grants are recognised on receipt in the Statement of Financial Activities. This policy has been adopted to give a true and fair view as recommended by the SORP

d Taxation

As a registered charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

e Tangible Fixed Assets

Tangible fixed assets are capitalised if they can be used for more than one year and cost at least £1,000. Rates of depreciation

Computer Equipment:100% Office Equipment:100% Other Equipment:100%

f Fund accounting

Funds held by the organisation are either:

Unrestricted general funds

These are funds which can be used in accordance with the charitable objects at the discretion of the trustees.

Restricted funds

These are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Designated funds

These are funds set aside by the trustees out of unrestricted general funds for specific future purposes or projects.