FRIENDS OF DOWN COUNTY MUSEUM RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 2023 Unrestricted fund 2022 TotAI funds Notes RECEIPTS FROM Donations Subscriptions Other trading activities Investment income 553 I,715 534 17 1,623 lJ79 36 Total 3,038 2,819 PAYMENTS ON Charitable activTrti¢s Total 2,076 3.659 SURPLUS I DEFICIT OF RECEIPTS OVER PAYMEIYTS 962 (840) Bank accounts l April 2022 23,928 24,768 BANK ACCOUNTS 31 kTrTARCH 2023 24.890 The notes forni part of the financial stateFnent5
FIUENDS OF DOWN COUNTY MUSEUM STATEMENT OF ASSETS AND LIABILITIES AT 31 MARCH 2023 2023 Unrestricted lund 2022 Tot41 funds CASH FUNDS Bank current accounts Fixed Tenn Deposit 11,096 13,794 10,160 13,768 TOTAL FUTrIDS The ftnancial statements were approved by the Board of TSleeS on 24 May 2023 and were signed on its behalf by: Mrs Lesley Simpson Trustee Dr Patrlck RJ Moore Trustee The not¢s forni part of thes¢ financial statements
FRIENDS OF DOWN COUNTY MUSEUM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 LWIARCH 2023 ACCOUNfiNG POLICIES Basi5 of preparing the financial statements The financial statements of the charity, which is a public benefit entity, have been prepared in accordance with the Charities Acl (Norihern Irelatid) 2008 using the Receipts and Payments basis. Taxation The charity is exempt from tsx on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted fvni18 can only be used for particular restricled purposes within the objects of the charity. Restrictions arise when specified by the donor or when thnds ar¢ raised for particular restricted purposes. Further explanation of the nathre and purpose of each fund is included in the notes to the financial statements. OTHER TRADING ACTIVITIES 2023 2022 Fun¢tior2s and outings Fundraising events Gift Aid 720 20 639 120 65 349 534 INVESTMENT INCOME 2023 2022 Deposit account interest 36 17
FRIENL DS OF DOWN COUNTY MI USEUM NOTES TO THE FINANCIAL STATETrIENTS - COIYTIYUED ri OR THE YEAR ENDED 31 MARCH 2023 COMPARATIVES FOR THE RECEIPTS AND PAYMENTS Unrestrleted fund RECEJPTS FROM Donations Subscripttons Other trading activities Investment income 553 1,715 534 17 Tot 2.819 PAYMENTS ON Charitable activities 3,659 Total 3,659 DEFICIT OF RECEIPTS OVER PAYMENTS {840) Bank 4ccounts l Aprll 2021 24.768 BANK CURRENT ACCOUNTS 31 MARCH 2022 10
FRIEYI DS OF DOWN COUNTY MUSEUM DETAILED STATEMENT OF RECEIPTS AIYD PAYMENTS FOR THE YEAR ENDED 31 MARCH 2023 2023 2022 RECEIPTS Donations and legacies 553 Members subscriptions 1,623 1,715 Other trading a¢tivities Functions and outings Fundraising events Gift Aid 720 20 639 3,002 120 65 349 2.802 Investment income Deposit account interest 36 17 Total incoming re50urce5 3,1138 2.819 PAYMENTS Charitable actlvltles Insurance Museum expenses Social outings 500 3,000 1,000 676 1,676 3,500 Support Costs Management Postage and stationery Bank charges 102 58 112 47 1,836 3,659 Governance costs Accountancy and legal fees 240 Total resources expended 2,076 3,659 Net in¢ome/{Expenditure) 962 This page does not frirni part of the statutory financial statements