## **FRIENDS OF GLENARIFFE** ACCOUNTS YEAR ENDED 28 FEBRUARY 2025 CHARITY COMMISSION NO. NIC102467 COMPANIES OFFICE NO. NI606288 ## **FRIENDS OF GLENARIFFE** |**CONTENTS**|**PAGE**| |---|---| |TREASURER’S REPORT|1| |AUDITORS REPORT|2| |STATEMENT OF FINANCIAL ACTIVITIES|3| |STATEMENT OF FINANCIAL POSITION|4| |NOTES TO THE ACCOUNTS|5| ## **FRIENDS OF GLENARIFFE** TREASURER’S REPORT TO FRIENDS OF GLENARIFFE ON THE ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2025 **In accordance with your instructions, I have compiled the attached unaudited accounts for the year ended 28 February 2025 from the accounting records, information and explanations supplied to me.** **Signed ……………………………………….. (** Treasurer) **Date ………………………………………..** ## **FRIENDS OF GLENARIFFE** ## **INDEPENDENT EXAMINERS REPORT TO FRIENDS OF GLENARIFFE** ## **ON THE ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2025** I have independently examined the financial statements of Friends of Glenariffe for the year ended 28 February 2025. ## **Basis of Opinion** I have conducted an independent examination as required under section 65 of the Charities Act and my examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The independent examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, seeking explanations from you as charity trustees concerning any such matters. ## **Independent Examiners Statement** I have completed my examination and have no concerns in respect of the records held that require drawing to your attention. (Signed) ……………………………………………………………… (Printed) ……………………………………………………………… Title ……………………………………………………………… Date ……………………………………………………………… FRIENDS OF GLENARIFFE FRIENDS OF GLENARIFFE STATEMENT OF FINANCIAL AcfiviTIES YEAR ENDED 28 FEBRUARY 2025 RESTRICTED UNRESTRicfED FUIIDS FUNDS INCOMING ResouRCES FROM GENERATEO FUNOS VOLUNTARY IP4CO t￿nat￿or AcrNrriES FOR GENERATING FUNDS Events Gym Classes Rc¢th hSre Sale of fob5 OTHER INCOWIG RESOURCES GraDts National Lottery re(olpts Bank interest Deferred 8rarst TOTAL TOTAL 5,420 5,420 1,437 61,095 60,055 15,959 9,107 578 f4),055 15.959 9,107 578 13,928 923 1,825 61710 1,825 62.710 23,468 31,297 18,814 L05,(*1 18.814 175mS 18,814 17W4 TOTAL INWk•NG RESOURCES RESOURCES EXPENDED GI￿ costs Salarles and wa8es Trair*rs Fobs Bank charges StatiO￿ry I[￿￿ra[￿e Cleani ,8Bi 33,645 9,827 579 ,881 33.645 9.827 579 11,868 37,C 626 4,181 417 626 4.181 417 597 AthertSslr Web51te costs & IT (05ts Glofox fee Repalrs aTrJ malntènar Utilities Eouipment E*weclatlon Miscèllarwu5 eyrkses CFNI National Lottery TOTAL RESOURCES EXPENDED 119 119 114 13,255 9,971 3,649 18.814 4,320 13,255 9.971 3,649 18.814 4.320 2,878 58,078 177217 5,814 14,037 7,813 18.814 3,233 2,878 58,078 60956 14,359 L16272 Net mo4tment In fur*15 111921 40,264 OpènSw balar 429,323 389,059 atylr* ￿lIf￿• 417.131 FRIENDS OF GLENARIFFE FRIENDS OF GLENARIFFE STATEMENT OF FINANCIAL POSITION YEAR ENDED 28 FEBRUARY 2025 TOTAL TOTAL FIXED ASSETS Taryit4e assets 831,183 849.670 CURRENT ASSETS TOTAL CASH 8ALANCES Cash In hand General ￿nk aC￿jTht E%*nts fuTrJ ralslw accwnt rnkrs substrI￿on bank attOL TOTAL RfSTRicreD UNRESTRicreD B.190 B.Igo 47,612 301 4.614 58.556 296 47,612 301 14,695 22,660 31.151 37,355 93A58 32.512 95,9n TOTAL AsseTS 924MI 945 93N58 95J Totsl Assets Less U•t41￿leS 924h41 945 Ca￿tal crants 497,511 516.325 NET ASSETS 427,131 429323 TOTAL FUNDING bll 429,323 389.059 Net mthtment In fuThas for ￿ar 12.192 10.264 F￿￿15 Clf 427,131 429J23 ## **FRIENDS OF GLENARIFFE** ## **NOTES TO THE ACCOUNTS** ## **1. FIXED ASSETS** The building is being depreciated over 50 years. ## **2. Capital Grants** These grants were received in respect of capital expenditure on the building. The grants are not repayable unless the charity ceases its activities or disposes of the building. The grants will be released to the Income and Expenditure account at approximately three percent per year. The amount released for the year ended 28 February 2025 was £18,814.