TO NS MEMORLIL HALL SSOCIATI ENDED 31 DECEMkER Recei ts&Pa entsA OUDt R¢¢gi. Hi 5.680 ayMellts2 1,750 1546 R¢paits & )&inteaan Tekpljone & Itkn 1.700 1546 I5 287 WatsrR*e8 &Bi J397 258 287 ré& 570 Li¢ts IDefi¢rfYSurplus fortbewl .177 177 Page S
NS MEMORIAL HALL ASSOCIATION YEAR EIYDED 31 DLCEMBER 21)23 Statement of Ass s & Liabmlities Unrnstriet¢d Restrfieted Funds Fuaos Total Fund$ 2023 Total Funds 2Q22 Funds trullds Reconaliation BaDk and Cath at start of year N¢tmov¢ment io fimds 20.177 3,196 20,177 3,196 20209 2.968 Bank attd Casb at elld of year 23J73 23J73 23.177 Bank & Cash Balanees Bank Deposit Accounts Baok Current Accounts Cash in Hand 23,373 23,177 23,373 23,177 Other Assets Fix¢d Assets Liabilitie ed oll behalf of the Trustees: Mandy Girvan (Chauperson) Datsd: 31.10.2024 Sljirley OJT (&relary/Tr¢&wrer) Dated: 31.10.2024 Page 6
TORREN MORIAL H ASSOCIATION R ENDED 31 DECEMBER2023 NOTES TO THE FINANCIAL STATKMINTS FOR THE YEAR ENDED 313t DECEMBER 2023 I ACCOUNTING POLICIES 1.1 Basxs ofpreparation As the total income of the association 1$ less tban £250,000 th¢ trLtss have elected in accordance with the provisions in The chltieS (AcCots and R¢ports Regulations (Northern Irnland) 2015 to pr¢pare its accounts oll a receipts aud payments basis. 1.2 Fund aecoi4niing Incoming resources that may b¢ applied for tbe AssoothoJ2's general putposes are treated as 'ui]restticted' incoming resouwes alld are creditcd to the 'unrestricted funds,. Fullditig for purposes designated for a specffi¢ pwse by COU11 is creditsd to 'degigry&ted funds,. Wh¢r¢ a donation or EraDt is r¢wured to be US for a sp¢ofied purpose, th¢ amount concerned is treated as a 'restricted' inLX)ming resource and is credited to the appnipiiate 'restricted fund,. IJ Incoming raources All incoming resouwes are in¢lud¢d in the statemeut of flnallcial activities kn the ¢hlty receives the iuix)me and the amouut can be quantsfied with reasonable aLYuracy. The following specific policies are applied to partiwl&r categories of income: Donated s¢rvices and fa¢i]itses are included at th¢ valtse to the cbarity where this can be qulfie(L Investment income is included when receivable. deliverables. are accounted for as the clwity earns the, right to consideration by its perfomMu¢¢. 1.4 Bank iRÉerat Bank Interest is recogtiised as an incoming r£8ource when it tg crn1ited to the bank statemellL All bank interest is treated as unrestricted iiicome to the General 1.5 Ruoureey Ewnded Expenditure is re¢ognised on an accrual basis as a liability is incurreLL Expenditure in¢ludes any VAT that cannot be fully recovereil and is reported as of the expenditure to which it relatss. 1.6 fLYed Sets All iten]s of capital ¢xpenditure below £1,000 a writren off as incurre(£ Pag¢ 7