Nl Charity CoMD)i￿10Th number. NIC i(f2183 GtENULLtN & AGIVBY CONSERVATION & DEVELOPMENT GROUP REPORT AND ifNAUDITED FINLNCJAL s"fA1"EMENTS Acwunts are to the 30th Sq)trmber 2017 GLENULLIli & AGIVBY CONSERVATION & DEVELOPMENT GROUP REPORT AND FINANCIAL STATEMEFrrs Y&2r ended 30th September 2017 CONTEYrs PAGE Legal and athinistrntivedetai Report of thecon)miitee Accountsnts liqyort IJKome and expendilu￿ accouttt Bala￿e slket Notes to the accounts GLENULLIN & AGIVEY CONSERVATION & DEVELOPMENT GROUP FtNANCIAL STATEMENrs LEGAL AND ADMtNUSTRATIVE DETAILS CHAtRPBRSON Mr Ternn¢e M¢llvar SECRETARY tawrenc¢ O'Kane HONORARY TREASURER Mr Aidall Fithr ADDRESS GI¢DullinResiurce Centre l Gl¢n View BrockaghRoad Garvagh BT515DZ Tel.. 028 295 57380 tEGAL STATUS Thr Glcnullill 4lld A8iv¢y Consrntion aL¥J Development Grow) was ￿tablished in 1994 to promote rural gencrntion for the benefit of the publi¢. to relieve ￿v￿ry. unemployiiient, youth tlLe aged promote thc prote¢tion alld pr¢sErvatioll of lutth of alld ￿ proll¥)* ￿ b￿fit of the illhabitants of the Glenullth and Agiv6y distii¢t8 and theirenviroDS ill Co. De￿. It is reEistrtcd with HMRC 4 thtyfor tax p￿￿)￿. Ulstcr B4Dk Limit¢d REPORTING ACCOUNTANrs 15 Cluwch Stre Belfast tl IPG GLENULLIN & AGIVEY CONSERVATtON & DEVELOPMENT GROUP REPORT OF THE COMMrrrEE For the Year Ended 30 September 2017 The cgD]mitteeprs8eni tsreport for the ￿ eAMled 30 Sq)teth2017. AcfivITIES The principal activity of the Association duritig the yr4r wa8 to pro￿￿te the benefit of the inhabitants of thE Glenullin Agivey distrA¢t aLd its environs. REVIEW OF PROGRESS AND ACHIEVEMENT The A&sociatioLGontAnu¢y to gEllEtats frowthe following wurce6: Sale of calEndar8 a￿1 stK)wrshipof calendats 2. Fundraising activitie 3. Weeklybulldin8old every SutyJ&y at the Chapel througlwut the )rar. and 4. Roorn hire COMMITfEE MEMBERS MenaJer8 of the Council who served kning the year Tcrcncc McIlvar (Chair) CathleetLHeJ tawTcncc O'Kane (Secrcwy) Aidan Fisher ([reas￿) Patricia Mulla E,ilcen McIangh]in James Higgin8 CHARTERED ACCOUNTANTS, REPORT TO THE COMMITTEE OF GLENULLIN & AGIVEY CONSERVATION & DEVELOPMENf GROUP We havo ¢on]piled the finall¢ial slateuwits of the Gro￿ for the year eJKlcd 30th SEptolld)er 2017 thich ¢oiripri8e the Profit aLd IKk88 Account. th¢ Bala￿ ard the related notes from the acwullting re¢ord5 aud informatioll alld exp1allatio￿ you have given lo us. Th¢ financial infrjrniation has bttn compilcd oll thc acGOUntitig bhsis set out in note I to the financiaL infornJatiotL The finalleial infomlltion 15 not lutel￿ed to ￿hleve compliance wlth the provisio￿ of UK Generally A￿epted Accowiting PrAnciplrA. This report is tnade to in accordatwe WAth & ternts of OUT engagemenL Our work has been undertoken so that we might compile the financial infornlltion tbat we have been engaged kn compile, report to you that we bave done 80, and state those matters that we have agreal to state to in this report and for no other pwpo To the fullest extent pern]itted by law, we do not accept or &88ume Trsponsibijity to anwne other thall Glenullin & Agiveyconservation & lkvelopmetttGrO￿, for our orfor this ￿OrL We have carried out this engagement in accordance with techT]ical gUId￿e I￿U￿bytbe Institute of Chart Account￿￿8 irA Ireland ard have Compli￿ witb ethical guidance laid dowThby the Institute. You have approved the fltwicial itifornhation for the )ttr etLded 30 Septen)ber 2017 8nd have aoknowledg yjur Mponsibility for IL for tbe appropria*tte&% tsftbe arthuttting basis alld for provid]ng ajl infOrn￿tiOn and explonations necessary for its compilation. We have not veritsl the or wn4)letenes8 of the accowrting reeords or infornL4tion and explanatiortq )u have given to U8 and we do nol therefore. exprus ally opinionon the financial inforniatio Quarter Chartexed Accountan 15 Church Street Belfast HTI IPG 20tbJune 2018 GLENULLtN & AGIVEY CONSERVATION & DEVELOPMENf GROUP INCONtE & EXPENDrruRE ACCOUNT 301h September 2017 2017 2016 Notes Incoming R&8ouree4.' 2232 4,520 2225 Grants receivable Total Lncome 6.752 2225 Expenditure LightslSant& Light and heat Water Rat&5 Insurdn¢e Tclcphonc a￿1 internet Book4 Priniin8 and Stationery Repairs &MailltenarKe s￿uritY CleanÉllg McthE5hip LLgal & Profrs$ional Caterin8 428 765 221 800 382 908 131 221 393 145 800 360 876 169 20 136 20 909 360 423 Total resounrs expended (4.151) 14.500) Depwiati¢)n cEwge RelEasB of defe￿ed (815) 1.253 {802) 1,354 Total Expendi¢ure (3.7131 (3,9481 sUry>lu￿(DeficIt) Before Intefftyt and Tax 3,039 (1,723) Inter¢8t Payable & Similgrchllrge {731 (42) Nei su￿1￿ on Ordinary ActÉvities befor¢ T￿￿tIOn 1966 11.765) Twtioo io Net Surp1￿(Defi¢lt) for Ycar 2.966 11.765) All activities derive frDm GODtitiuing op¢rJtion& on pag¢8 7 to I I part of th¢S￿ll GLENuLL￿ & AGIVEY CONSERVATION & DEVELOPMENf GROUP BALANCE SHEET 30th September 2017 Notc 2017 2016 Fixed Assets Tangible assets 12.613 13,427 Current Awts Debtors l J23 3.579 lJ23 ,052 4.902 2575 Creditor8- arroiints falling WAthin or¢ year (1,753) (1,753) N¢t Current Assets 3,149 622 Tot￿ knets le&8 Cu￿rnI Liabtlities 15.762 14.N9 Creditors- a)￿unt8 falling (kn after ye&r (6,1661 (7.419) N¢t Assets 9,596 6,630 Repres6nted By: Reserve8 Brought Forward Profit & Loss Reseryes 6,6JO 2.966 8,395 (1,765) 9,596 6,630 WG wrovc & finallci41 infornwtioll whi¢h wJupzis¢s th¢ Profi¢al￿ Ioss A¢coullL the Balance SheeL And the relakd no￿1. We afjknowledge our rc5wlls￿l iliry foi the finallcial i]rforn]atior4 including the appropriateness o£the ￿OUnting b￿￿15 ￿ set out in not6 1. atd forprovAdill8 Qu4rterChaTtered Acwulllants with allinformatio and eXplanatID￿ n￿¢8￿for Ats colljpilatton. TERENCE MCILVAR Commil¢ee- CHAIRPDiSON Comtnittee- SECREfARY Datv. GLENULLtN & AGIVEY CONSERVATION & DEVELOPMENT GROUP NOTES TO THE AccouKrs Ycar ended September 2017 ACCOLrKrtNG POLICIES The finAllcial ststem6nts are prepllr￿ ill 4c¢ordaDcewith the Financial Repoiting StandArdfoT SrnallerEntitie8 (effective April 2￿8). The pri￿1p41 aw)untingpolicie8 whicb th¢ dir￿tOrS h&ve adopbj are 8et oui below. AC￿ll￿ting conventioo The financial statements have beeoprepar)Iu￿ler the bistorical costconventiotL Depreciation Depr￿lation is provided to write off the wst of the as￿ I￿8 e8timated residual v￿lle, over their usefvl eoonornio Al￿. The ad¢)pied ard rate8u%d are: Office Equipmellt Con)putr¥EquipTu¢nt Fixtures & Fitting8 10 srars Grattts ttceivable S￿IfiCallY tovArd8 Copitsl costs are tr￿ted $8 deferred io¢ome and released to the income attd expeThlinre accountoverthe expected e￿￿)￿]1¢ liw ofthe relat￿ assets. Fu￿1 accounting The charityn￿]lltaJtis variou8 types of os followd: Re4tri¢toJ fimds Re4tti¢te4 finds rwt gr8tt(4 doJJatiOn8 and le￿1¢4 r#¢iveAI which all(Ka￿l by th¢ donor for specifio PLtrposes. Unre8tricted fiwds DBsigDated fithd5 are atnou1￿ which havc beell put asid¢ out of UDreytricted fu￿ at the discrelion of the COmll)iiiee, and which are thereforenot avgilable foriJtherpurpoM. General UDTe8tri¢ted represent unrestricted illLX)me which is exp¢lldablc 4t tho di8rtion of the comtniltee in the fiwtherance of the obje¢t8 of the Ghatity. S￿h firds n]ay ￿ h¢ld in ord¢r ty fiDaw¢ l)oth working Capital and capital inY&stmellL tu¢0￿1￿￿ Ie80urces All Income is recognued in the Statement of fil￿￿1a1 activilie4 vthen ￿ndItiOn8 for rec¢ipt hav¢ been met alld 18 reasonable ￿u￿all¢Cof fftiPL Auocation of costs The committee's operating c0818 are alknatryj betm expetiditu￿ for clwritable purpos&*, and managtsmeDt alld administration. GLENULLIN & AGtVBY CONSERV ATION & DEVELOPMENT GROUP NOTES TO THE ACCOUNTS Year ￿ded 3(yb September 2017 Dlrect char&table expenditure DA￿t cbaritable ex￿]ituTe inchjdes all exwditure directly rdated to ￿ objrtts of tbe chfirity. INCOME Notss 2017 2016 2(M) 425 332 200 200 876 19 655 275 Room Hirc Bulletiti Incon Aiyf Refi￿d Calender Saics 775 5(K) 2,232 2,225 Grants receivable C&w¢way Coa8t and Gl¢Th8 CouDciI- Running Co&ts 2.250 Community FowMl&tion - Wind 2270 Totsl grallts [￿e1Vable 4,520 t£ss'. Grants tOWards￿pItal costs Total Incoming Resowces 6.752 2,225 GLENULLIN & AGNEY CONSERVATION & DEVELOPMENf GROUP NOTES TO THE ACCOUNTS Y¢ar ¢nd¢d 30th S¢pt¢mber 2017 tNfEREST PAYABLE AND SIMILAR CHARGES 2017 2016 72 42 BankIntere81 & Charges FIXED ASSETS Laod Fixtur￿ & FittiDgs Computer Equipment Office Equipmeot Total Cost Opening Cost Additions io year 7.5tr1 IOJ50 18.473 5,531 41,861 At 30th September2017 7,507 IOJ50 18,473 5,531 41.861 Deprcciation OpeningDepIe¢ftation Charge for year 4.429 815 18,473 5,531 28,434 815 At 30th September2017 5244 18,473 5531 29348 Net Book Value At 30 September2017 7.507 5.106 12.613 Net Book Valu¢ At 30tb Septembw2016 7.507 5920 13,427 The fixed a&sets are held for purr￿￿ Ofgener￿ administratio DEBTORS 2017 2016 G &A CO￿￿vatiOn&D¢￿1opMentTnLSt 1.323 1.323 1,323 1,323 GLENLTLIN & AGIVEY CONSERVATION & DEVELOPMEKf GROUP NOTES TO THE ACCOUNTS Year ended 30th September 2017 CREDITORS- anmyjnts falling knje within on6 year 201? 2016 Other Ct¢ditor8- Rose Boylan Awruals DeferredI￿oI￿¢ 200 300 1253 200 300 1253 1,753 1.753 ACCRLALS AND DEFERRED INCOME This is deferred ￿ incon* MILich represents fi￿￿ing rerKiveAI in T¢Stwtof capitsl costs not yet releasBd to inconK and expenditure accounL' Notes 2017 2016 At 8t4rt of )rar Receivedduring the year Rclcased durAng ycar 8,672 10,026 (1253) (1,354) Un-amortisedat elld of 7.419 8,672 To be rele&8e(L. . Iwithin ott6 year . after morr tIMJ onc ycat 1,253 6,166 1253 7.419 7,419 8,672 GLENULLIN & AGtVEY CONSERVATION & DEVELOPMENT GROUP NOTES TO THE ACCOUNTS Year olded 3011L September 2017 MOVEM￿ IN RESTRICTED FUNDS Balance Balance 30, September 2017 Transfer Capltsl Spend Expèndlture Inc