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2019-03-31-accounts

Carrowshee Park/Sylvan Hill Community Association Registered Charity Number NIC102748

Financial Statements

for the period 1 April 2018 to 31 March 2019

Delivering Quality Accounting Services and Training to the Voluntary Sector

Carrowshee Park/Sylvan Hill Community Association

Trustees Report and Financial Statements

for the period 1 April 2018 to 31 March 2019

Contents Page
Trustees Report 1
Independent Examinationers Statement 2
Financial Statements 3
Statement of assets and liabilities 4
Notes to the accounts 5

Prepared by Community Accountancy Services Northern Ireland

Carrowshee Park/Sylvan Hill Community Association Report of the trustees for the year ended 31st March 2019

The trustees present their report with the financial statements of the group for the year ended 31st March 2019 together with a Balance Sheet reflecting a balance of funds together with funds due and funds owed at the year end. As a newly registered charity with the Charity Commission for Northern Ireland, registration number NIC102748, these accounts have been prepared using the "receipts and payments" basis.

Reference and Administrative Information
Association Name: Carrowshee Park / Sylvan Hill Community Association
Principle Address 119 Carrowshee Park
Lisnaskea
Co Antrim, Northern Ireland
BT92 0FR
Trustees Mrs Mary Brady
Miss Jacqueline Mullan
Mrs Majella Curran
Mrs Jennifer Moffatt
Miss Una Reihill
Mrs Kathleen Breen
Miss Margaret Gunn
Independent Examiners:
Commmunity Accountancy Services Northern Ireland (CASNI)
43 John Street
Cityside, Derry, Co Londonderry
BT48 6JY
Bankers:
Danske Bank
Branch Business
P.O. Box 183
Donegall Square West
Belfast BT1 6JS

Page 1

Independent examiner's report on the accounts of Carrowshee Park/Sylvan Hill Community Association

for the period 1 APRIL 2018 to 31 MARCH 2019

I report on the accounts of the company for the year ended 31st March 2019, which are set out on pages 3 and 4

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act (NI) 2008.

It is Community Accountancy Services NI (CASNI)'s responsibility to:

Basis of Indepenent Examiner's Report

I have examined your charity accounts 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 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, and seeking explanations from you as charity trustees concerning any such matters.

My role is to state whether any material matters have come to my attention giving me cause to believe:

Independent Examiner's Statement

I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Signed: on behalf of Community Accountancy Services Northern Ireland on[ie] Date: 27th January 2020

Community Accountancy Services Northern Ireland (CASNI) 43 John Street

Cityside Derry Co Londonderry BT48 6JY

Page 2

Carrowshee Park/Sylvan Hill Community Association Income and Expenditure Account for the period 1 April 2018 to 31 March 2019

Notes
Receipts
Grants & Donations
(2)
Bank interest
Income from Clubs/Centre
Total receipts
Payments
Youth Workers
(3)
Trips/Activities
PPS
Communication
LHP
Repairs & Maintenance
Insurance
Consultancy 2017-18
Consultancy 2016-17
Project Costs
Accountancy
Bank Interest
Total payments
Net receipts / (payments)
Transfers between funds
Cash fund balances brought forward
Cash fund balances carried forward
2019
Unrestricted
funds
£
1,500
43
13,153
14,696
-
19,534
-
-
-
-
-
-
-
-
-
-
19,534
(4,838)
-
27,649
22,811
2019
Restricted
funds
£
59,684
-
-
59,684
14,873
30
52
239
1,145
4,504
765
1,488
2,951
1,021
183
105
27,356
32,328
-
(7,263)
25,065
2019
Total
funds
£
61,184
43
13,153
74,380
14,873
19,564
52
239
1,145
4,504
765
1,488
2,951
1,021
183
105
46,890
27,490
-
20,386
47,876

Page 3

Carrowshee Park/Sylvan Hill Community Association Balance sheet as at 31st March 2019

Fixed Assets
Tangible Assets
Total fixed assets
Current Assets
Cash at bank and in hand
Total current assets
Current Liabilities
Creditors falling due within one year
Net current assets / (liabilities)
Total assets less current liabilities
Net assets
Restricted Funds
Unrestricted Funds
Total Funds
2019
Unrestricted
£
-
-
25,065
25,065
-
25,065
25,065
25,065
-
25,065
25,065
2019
Restricted
£
-
-
22,811
22,811
-
22,811
22,811
22,811
22,811
-
22,811
2019
Total
£
-
-
47,876
47,876
-
47,876
47,876
47,876
22,811
25,065
47,876
2018
Total
£
-
-
20,386
20,386
-
20,386
20,386
20,386
(7,263)
27649
20,386

The financial statements have been approved by the Board of Trustees and signed on its behalf by:

Signature……………………………………………….

On behalf of the Management Committee

Date: 27th January 2020

Page 4

Carrowshee Park/Sylvan Hill Community Association Notes to the accounts

for the period 1 April 2018 to 31 March 2019

1 Accounting Policies

a Basis of accounting

The Management Committee have opted to prepare these accounts on a Receipts and payments basis

b Tangible Fixed Assets

Tangible fixed assets are capitalised if they can be used for more than one year and cost at least £500

c Pensions

Contributions are charged when they become due in accordance with the scheme rules.

d Fund accounting

Funds held by the organisation are either:

Unrestricted general funds

These are funds which can be used in accordance with the organisation's objects at the discretion of the management committee.

Restricted funds

These are funds that can only be used for particular restricted purposes within the objects of the organisation. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Page 5