CITY OF BELFAST LOYAL ORANGE WIDOWS FiIND STATEMENT OF FINA￿CIAL ACTIVITIES YEAR ENDED 31.122018 Total F￿lld 2018 Total F￿nd 2017 Incoming Resources Incoming resource5 from generating fLmds." Voluntary income Activities for generating funds Investment income 16.667 4,922 18,049 21,431 15,838 *18 Total Incoming Resources Resources Expended Cost of generating funds: Costs of g￿eratIng voluntary income Governance Costs Other resource5 expended (1.993) (150) (2,872) (3,083) Total Resourcu Expended 19 Transfer between funds V)177 l)JlJ Net Incoming Resources Before Other Recognfjed Gains and Los 6,799 13,752 Other Gains and Losses i*o.Jv¥J Net Movement In Funds (21,505) 28,826 Reconciliation Of Funds Total funds brought forward 493,305 464,479 *ryi *1 L*tsVV Y7J*JV Page 7 Accounts 2110312019 crry OF BELFAST LOYAL ORANGE WIDOWS FUND Balance Sheet Total Fund 2018 Tot•1 Fund 2017 Notr Fixed Assets Investments li 414.032 443,366 Current Asyets slle￿ Investment Cash at bank 12 58.768 50.939 Creditor: Amounts f2lling due within one yr. 13 Net Current Assets 57,768 49,939 Totsl Assets Iw Current Liabiliti Net Assets 471 493 305 Funds unresuiciive income iuniis Total Funds 493 305 493 305 These financiaI ststements were approved by the members of the committ¢¢ on the . an(1 are signe(i on tiieir oehaii Trustee Trust¢e Treasurer .. Accounts 2110312019 Page 8 CITY OF BELFAST LOYAL ORA]YGE WIDOWS FUND NOTES TO THE FINANCIAL STATEMENTS YEAR EY4DED 31.12.2018 l. Aceounttng Policies Ba$is of aecouDting The financial statement have been prepatrd under the historical cost convention. except for the investments which are included at market value and the revaluation of certain fixed &ssets, and in accordance with the applicable United Kingdom accounting standards, the Statement of Recommended Practice"Accounting and Reporting by Charities" i55ued in March 2005 (SORP 2005) and the Charities Act (Northern Ireland) 1964 Incoming resources Subscriptions and income from investments ate dealt with on a cash receipts basis. Resourn￿ expended Pa￿lents to widows are dealt with on a cash payments b&8is. Other outgoings are dealt with on as aLxruals basis. Fixed assets Investments held as fixed assets are revalued at mid-market value at the balance she¢t date and the gain or loss taken to the Statement of Financial Activities. 2. Voluntary Ineome. Totsl F¥nd 2018 Tatxl Fund 2017 Donations 16? 17,928 Subscriptions Ref Sale of Twelth July Booklets Other Income Box Twelfth Street Collection l East Belf&8t 11,342 1,000 1,065 736 16 Paoe 9 Accounts 2110312019 CITY OF BELFAST OYAL OR4NGE II'IDOWS FUND NOTES TO THE FINA￿,c1AL STA TEMENTS YEAR ENDED 31.12.2017 3. Incoming Resources From Activities For Generating Funds Total Futsd 2018 Tgt•l Fund 2017 Sale ol Badges 4. In*estment Income Tot#l F￿lld 2018 Totsl Fund 2017 Income from UK Listed inveslme4)Is Bank Interest receivable 17,988 61 18.049 15,785 53 15.8.18 S. Other Incoming Resources Total Fuztd 21118 Totsl Fund 2017 Gift Aid Give as you Eam 307 50 369 49 6. Co$t of Generating Voluntar). Income Total Fund 21118 Tot*1 Futhd 2017 Purchase of Badges Donations I Service EXD 1,843 150 1,993 150 150 7. Ini'estment Management Costs Tol#l Fund 2018 Tot#1 Fllyd 2017 Invesiment management fees A￿OUnt5 ?110312019 Page 10 CITY OF BELFAST LOYAL ORANGE WIDOWS FUND NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31.12.2018 & Governance Costs To(al Fund 2018 Totsl Fund 2017 AG¢ountan¢y Fee Honoraria Printing and Ststionery Bank Fees 1,000 1.600 212 60 1,000 1,600 423 9. Othpr ￿_￿$￿ily￿PE FTn•nAwl Total F•md 2018 Total Fund 21117 Payments to widows 10. Staff Costs and Emoluments No Salanes or wages have been paid to employees, Including the members ot the committee, during the year. 11. Investments Movement in mydrket value 2018 2017 Market value at 01.01.2018 443,366 382,419 Net Acquisilions / Disposals at Cost (1,030) 45,873 Net Gain / Ooss) on revaluation in year -*?1 7• *rt1 A14 n? Analysis of investments at 31.12.2018 belween funds Tots] F￿d 2018 Total Fund 2017 LSsted investments 414 032 443 Page 11 Accounts 2110312019 CITY OF BELFAST LOYAL ORANGE WIDOWS FUND NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31.12.2018 12. Short Term Investments: There were no short tern] investments as at 31.12.2018 13. Creditors: Amount5 falling due Nithin one )'ear 2018 2017 Innn J nnn 14. Income Funds Balance at Incoming Gains and BY41ance at 01.01.2018 resour¢ed losses 31.12.2018 General Funds 493,305 6,799 (28,305) 471,800 15. Anatysis of Ilel Asset5 Between Funds et Curreit Assets £ 57 7A% Tot*1 Assets £ A71 Ann Accounts 2110312019 Pagel? CITY OF BELFAST LOYAL ORANGE WIDOWS FUND DETAILED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31.12.2018 2018 2017 Jncoming Resources Voluntary Income Donation5 towards service expenses Annual sUb￿riptIOnS Personal subscriptions Special Subscriptions Offeratory subscriptions Box Twelfth street wllection Donaiion froln Twelth Books 98 1.115 4,939 1,150 4.138 1,065 3,162 162 1,505 4,142 6.405 5,876 736 2,605 Activities For Generating Funds Sale of Badges nil Investment Income Income from UK listed investments Bank interest receivable 17,988 61 15,785 Other IncomiDg Resources Gift Aid Give as You Fam 307 50 357 369 49 418 Total Incoming Resources Page 13 Accounts 2110312019 CITI, OF BELFAST LOYAL ORANGE WIDOWS FLIYD DETAILED STATEMENT OF FINA￿cIAL ACTIVITIES YEAR ENDED 31.12.2018 Resources Expended Costs of Generating VoluntaTh In￿rne Annual Church service expense /badges 2018 2017 Investment Management Costs Investment management fee5 45 GoTrernanee Costs Accountanc), fees Honoraria Printing and Stationery Bank Fees 1,000 1.600 212 60 1,000 1.600 423 60 Other Resources Expended Payments to widows Total Resource5 Expended Net Ineomlng Resources For The Year Accounts 2110J,_019 Page 14