Re ort of the Directors and Unaudited Flnancial Statements for the Year Ended 30 Se tember 2023 for COUNTRY COMESTO TOWN COUNTRY COMESTO TOWN Re Istered number.. N1074062 Contents of the Financial Statements for the Year Ended 30 Se tember 2023 Page Company Information Report of the Directors Report of the Accountants Income Statement Balance Sheet Notes to the Financial Statements Detailed Income and Expendlture Account COUNTRY COMESTOTOWN Com an Information for the Year Ended 30 Se tember2023 DIRECTORS: BF McLaughlin TE Fleming Mrs AM Culbert JH WilsL".I SECRETARY.. BF McLaughlin REGISTERED OFFICE.. TADA Rural Support Network Carn Industrlal Estate Craigavon Co. Armagh REGISTERED NUMBER: N1074062 INorthern Ireland) ACCOUNTANTS: WHR Accountants Ltd Chartered Certified Accountants Statutory Auditors 56 Engli-,4 Street ArmaEh Co. Armagh BT617LG BANKERS: Danske Bank Busine55 Banking PO Box 183 Donegall Square West Belfast BTI 6JS Page I COUNTRY COMES TO TOWN Re istered number.. N1074062 Re ort of the Directors for the Year Ended 30 Se tember 2023 The directors present their report with the financlal statements of the company for the year ended 30 September 2023. DIRECTORS The directors shown below have held office during the whole of the period from l October 2022 to the date of this report. BF McLaughlin TE Fleming Mrs AM Culbert JH Wilson Thls report has been prepared in accordance with the provisions of Part 15 of the Companie5 Act 2006 relating to small companies. ON BEHALF OF THE BOARD.. BF McLaughlln- Secretary 14 June 2024 Page 2 COUNTRY COMESTOTOWN Re ort of the Accountants to the Directors of COUNTRY COMES TO TOWN As described on the Balance Sheet you are responsible for the preparation of the flnancial statement5 for the year ended 30 September 2023 set out on pages four to seven and you con51der that the company Is exempt from an audit. In accordance with your Instructions, we have compiled these unaudited financial statements in order to asslst you to fulfil your statutory re5pon5ibilities, from the accounting records and informatlon and explanation5 supplied to us. WHR Accountants Ltd Chartered Certified Accountants Statutory Auditors 56 English Street Armagh Co. Armagh 8T617LG 14June 2024 This page does not form part of the statutory financial statements Page 3 COUNTRY COMES TO TOWN Re istered number.. N1074062 Income Statement for the Year Ended 30 Se tember 2023 30.9.23 30.9.22 Notes TURNOVER 31,405 24,890 Administrative expenses 22,304 30,756 OPERATING SURPLUS/IDEFICITI and SURPLUSIIDEFICITI BEFORE TAXATION 9,101 15,8661 Tax on surplus1ldeficitl SURPLUSIIDEFICITI FOR THE FINANCIAL YEAR 9,101 15,8661 The notes form part of these financial statements Page 4 COUNTRY COMESTO TOWN Re istered number.. N1074062 Balance Sheet 305e tember 2023 30.9.23 30.9.22 Notes FIXED ASSETS Tangible assets 252 280 CURRENT ASSETS Debtors Cash at bank 1,230 28,419 18,455 18,455 29,649 CREDITORS Amount5 falling due within one year 3,179 23,502 NET CURRENT ASSETS 15,276 6,147 TOTAL ASSET5 LESS CURRENT LIABILITIES 15,528 6,427 RESERVES Income and expenditure account 15,528 6,427 15,528 6,427 The company is entitled to exemptlon from audit under Section 477 of the Componie5 Act 2006 for the year ended 30 September 2023. The members have not requlred the company to obtain an audit of it5 financial statements for the year ended 30 September 2023 in accordance wlth Section 476 of the Companie5 Act 2006. The dlrectors acknowledge their respon5ibilitie5 for.. ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair vlew of the state of affairs of the company as at the end of each financial year and of its Surplus or deficit for each financlal year in accordance with the requirements of Section5 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to finantial statements, so f3r as applicable to the company. Ibl The flnancial statements have been prepared in accordance with the provisions applicable to companies sublect to the small companle5 regSme. The financial statements were approved by the Board of Directors and authori5ed for i55ue on 14 June 2024 and were signed on its If by.. BF McLaughlin- Directo clfvo L'ILSo/J J¥￿￿< JH Wilson - Director The notes form part of these financial statements Page 5 COUNTRY COMES TO TOWN Re istered number: N1074062 Notes to the Financial Statements for the Year Ended 30 Se tember 2023 STATUTORY INFORMATION COUNTRY COMES TO TOWN is a private company, Ilmited by guarantee, registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page. ACCOUNTING POLICIES Basis of preparing the financial Statements These financial statements have been prepared in accordance with Flnanclal Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section IA 'Small Entitie5" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Turnover Turnover represents income from grant providers,pitch licence fees and sponsorship. Tangible fixed assets Depreciation is provided at the following annual rates In order to wrlte off each asset over its estimated useful life. Flxtures and fitting5 IOYD on reducing balance Taxation Taxation for the year comprises Current and deferred tax. Tax is recognised In the Income Statement, except to the extent that It relates to item5 recognised in other comprehensive income or directly in equitv. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax Deferred tax is recognised in respect of all timing dlfferences that have originated but not reversed at the balance sheet date. Timlng differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financlal statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognlsed only to the extent that It is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. EMPLOYEES AND DIRECTORS The average number of employees durlnE the year was NIL12022 - NIL). OPERATING SURPLUSIIDEFICITI The operating surplus12022- operating deficit) Is stated after tharging.. 30.9.23 30.9.22 Depreciatlon - owned assets 28 31 Page 6 contlnued... COUNTRY COMESTO TOWN Re istered number-. N1074062 Note5 to the Financial Statements continued for the Year Ended 30 Se tember 2023 TANGIBLE FIXED ASSETS Fixtures and fittings COST At l October 2022 and 30 September 2023 444 DEPRECIATION At l October 2022 Charge for year 164 28 At 30 September 2023 192 NET BOOK VALUE At 30 September 2023 252 At 30 September 2022 280 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.9.23 30.9.22 Trade debtors 1,230 CREDITOR5: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.9.23 30.9.22 Trade creditors Accrued expenses 2,579 600 22,902 600 3,179 23,502 Page 7 COUNTRY COMESTO TOWN Re istered number.. N1074062 Detailed Income and Ex for the Year Ended 30 Se enditure Account tember 2023 30.9.23 30.9.22 Turnover Grants- ACB&CB Council Pitch licence fees Sponsorship & Donations 14,550 15,475 1,380 11,250 12,460 1,180 31,405 24,890 Empenditure Insurance Set Up & Clean Up Event Telephone Post and statlonery Advertising Travelling Pitch Refund Traffic management Sundry expenses Marquee hire ACB&CB Council pltch fees Accountancy Security & Flrst Ald Events & entertainment Professional Fees Depreciation of tangible fixed assets Flxtures and flttings 1,160 311 324 1,187 4,298 648 iio 1,139 1,155 200 395 1,045 5,948 1,257 675 1,218 109 4,368 325 600 2,951 10,410 332 660 2,051 9,655 220 28 31 22,123 30,687 9,282 15,7971 Finance costs Bank charge5 181 69 NET SURPLUSIIDEFICITI 9,101 15,8661 This page does not form part of the statutory financial statements Page 8