FRIENDS OF DOWN COUNTY MUSEUM
RECEIPTS AND PAYMENTS ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
2024
Unrestrieted
fund
2023
Total funds
Notes
RECEIPTS FROM
Donations
Subscriptions
Other activities
Investment income
1,851
1,583
200
1,623
1,379
36
Total
3,634
3.038
PAYMENTS ON
Charitable activities
1,273
2,076
Total
1,273
2,076
SURPLUS OF RECEIPTS OVER
PAYMENTS
2,361
962
Bank accounts l April 2023
24,890
23,928
BANK ACCOUNTS 31 MARCH 2024
27251
24,890
The notes forni part of these fmancial statements

FRIF.NDS OF DOWN LOUNTY ￿l11S[um
TATE￿lE,NT ()F ASSETS AND LI.4BILITIES
AT 31 IllARCH 20?4
2024
Ilnrestrii'ted
fund
?o?J
TotAI fiiiids
CA,SH FIINDS
Bai)k CillTeiil avcoiinls
Fixed Terin Deposit
13.?68
13,1)83
11,096
'roTAL FIINDS
?4,890
The finfiiiLial siateinentN were approved by the Board of TrL15tees on 15 ￿laY ?074 nd were sigiied on ill beliJlf by..
Mrs Lesley SimEI.$on
Triistee
Dr Patrick RJ Nloore
Trustee
Th¢ notes fonn part of these finanLial statein¢nts

FRIENDS OF DOWN COUNTY MUSEUM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The fRnancial statements of the charity, which is a public benefit entity, have been prepared in accordance with
the Charities Act (Northern Ireland) 2008 using the Receipts and Payments basis.
Taxation
The charity is exempt from tax on its charitable activities.
Fund aeeounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted puryoses within the objects of the charity.
Restrictions arise when specifEed by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the fmancial statements.
OTHER ACTIVITIES
2024
2023
Functions and outings
Fundraising events
Gift Aid
665
20
898
1,583
720
20
639
INVESTMENT INCOME
2024
2023
Deposit account interest
200
36

FRIENDS OF DOWN COUNTY MUSEUM
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
COMPARATIVES FOR THE RECEIPTS AND PAYMENTS
Unrestricted
fund
RECEIPTS FROM
Donations
Subscriptions
Other activities
Investment income
1,623
1,379
36
Total
3,038
PAYMENTS ON
Charitable activities
Total
2,076
SURPLUS OF RECEIPTS OVER PAYMENTS
962
Bank accounts l April 2022
BANK CUIIRENT ACCOUNTS 31 MARCH 2023
24,890
io

FRIETr4DS OF DOWN COUNTY I￿UsEUm
DETAILED STATEMENT OF RECEIPTS AND PAYMENTS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
RECEIPTS
Donations and legacies
Members subscriptions
1,851
1,623
Other activities
Functions and outings
Fundraising events
Gift Aid
665
20
898
3,434
720
20
639
3,002
Investment income
Deposit account interest
200
36
Total incoming resources
3,634
3,038
PAYMENTS
Charitable activities
Insurance
Museum expenses
Social outings
400
1,000
676
1,676
404
804
Support eosts
Management
Postage and stationery
Bank charges
113
56
102
58
973
1,836
Governance c05t5
Accountancy and legal fees
300
240
Total resources expended
1,273
2,076
Net income
2301
962
This page does not forni part of the statutory financial statemenls