Macosquin Village Community Association Annual Report Unaudited Financial Statements For the Year Ended 31 March 2024 Charities Registration No. 102929
Macosquin Village Community Association Contents Page Legal and Adminislralive Informatlon Trustees report Independent examiner5 report Statement of financial activit188 Statement of financial position Notes lo the financial statement5
Macosquin Village Community Association Legal and Administrative Information Trustees N.Rice T.White J.Lloyd L.Chrislie T.McCormiGk M.Grundle R.Boyd D.Nicholl M.Kelly Independent examiner Robert Butler 12 Meadowbrook Ballybogy Ballymoney Co. Anlrim BT53 6RE Bankers Danske Bank Ltd 22 The Diamond Coleraine Co. Londonderry BT52 1 DE Nl Charltles No. 102929
Macosquin Village Community Association Trustee's Report The Trustegs present their annual report and financial statements for the year ended 31 March 2023 The financial slalements have been prepared in accordance with the accounlirsg policies sel out in note 1 to the financial slalemenls and comply with the charity's conslilution, the Charities Act (Northern Ireland) 2008 and "Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their 2CCOkJnls in accordance with the Financial Reporting Standard applicable in the Up and Republic of Ireland IFRS 1021 las amended for accounting periods commencing from l January 20161 Objectives and activiti•s To promole the health and wellbeing of the inhabi18nls of the whole village, lo provlde assistance, advice and lo advance education to all people in the vi118ge. Our aim is lo run yearly aclivili8S, 1.8. feles, classes. training and education81 events. The Trusloes have paid due regard lo guidance issued by the Charity Commission in deciding what activities the ch8rily should undertakè. Achievements and perfomiance The group held a King's Festival which was open and allended by p80ple of all backgrounds. Vve continually run classes and courses throughout the year. Flnancial revlew The charity sacur8d funding from Causeway Coa$l and Glens Borough Councll lo the sum of £2,000 and £1,237 from Northern Ireland Housing Executive. The charity also received funds from Groundwork & Crum Structure, governance and management The charily is a Registered charity, govemed by the Constitution wllh a day to Llay oversight by 8 management committee of local Indivlduals. The Trustees who served during the year and up lo the date of signature ol the financial slalemenls were.. G McGonigle J Craig R Millican L.Chrlslle D Nicholl K Mclntyre M.Grundle J.Lloyd Resigned 17 July 2023 Resigned July 2023 Resign6d July 2023 Appointed August 2023 T Mccorrnick W King M Kelly J Hutchinson L McElwee N Rice R.8oyd Deceased 6 June 2023 Appointed 12 July 2023 Appointed 18 August 2023 Resigned July 2023 Resigned July 2023 Appointed August 2023 Appointed August 2023 Appointed Augu812023 None of the Trustees h8s any beneficial interest in tha charity. The Trustees repori was approved by the Board of Trustees. Tru8t8e Truslee
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Maco$quin Village CommunSty Association Statement of Comprehensive Net Expenditure Unrgslricted Restricted Total Funds Funds Funds 2023-24 2023.24 2023-24 Unrestricted Restrlct Funds Funds 2022-23 2022-23 Total Fund$ 2022-23 Income from. Don8lion5 and Grants 4.412 4,412 500 6.389 6,889 Ex ndltur6 on- Chanlable aGlivilies 6,224 6.508 1.876 5,962 7,838 Net ondit rg I Income for the oar Not Mov*ment In Funds (2841 11.8121 12,0961 11,3761 427 19491 Fund balan• at 1 Aprll 2023 639 2,319 2,956 2,015 1,892 3,907 Fund balan$ at 31 March 2024 355 507 862 839 2,319 2,958 Th• stalern&nl of financial activil'es includes all gains and1038eB recognlsod In the Or
Ma¢osquin Village Communlty Association Statement of Financial Posltion 2023-24 2022-23 Notes Current assets Cash al bank and in hand 862 862 2,958 2,958 Net Curront asset• 862 2,958 Income Ftsnd$ Reslricled Funds Unrestricted Funds 355 507 2,319 639 862 The financial Stslemènls were approved by the Trustees On 3rd July 2024 Sign Print
Mac05quln Vtllage Community As50ciallon 1 Accountlng Pollcl¢s Charity Information- Macosquin Village Communlty Associaiion Is an unlncorporaled charity. 1.1 Accounn4 Conventlon These account5 have been Iprepared on a re¢eipts and payments ba8is in accordanc8 With FRS 102'Th8 Finan¢lal Reporting Standard pplicable In the UK and Republic of Ireland" I'FRS 102.1, "A¢counling and Rewrting by Charities. Ihe 5talem8nl of Recommended Practice for d)anlies applying FRS 102, the Charities Acl (Northem Irelandl 2008 and UK Generally Accepied Accounting Praclice as it appl$ from 1 January 2015. Th8 charity is a Public Benelil Entity as dèfined by FRS 102. Th8 financ181 slalem8r15 are prgpared in slerting, whh is the functional currency ol the charity. Monetary amount5 in the88 linancial s¢atèments ar8 round8d to the nearèst £. Tha financial slatemènis have b8en preparèd under the trisloncal cost convention. The princlpal accountlng policles adopted a8 $8t out below 1.2 Golng Concern Th• Trusteès hav8 8 reasonable expeclalion that lh& charily ha8 adeguate resour¢•$ to conllnu8 In operation81 exi8len¢e lor the foreseeable lulur6. Thus th8 Tru51ee$ continue lo adopt the going concern ba81$ of accounllng in Pf8paring financial 8t8lemenl$. 1.3 Charlt¥bl• Fund• Unre$lrided funds arg available for use at the discretion of the'FTU¥tees in furtherante of thglr charilablg oblectivgs Reslriclad fund$ 8re subject 10 8pecific condition$ by donors 9$ to how they rn8y be u$8d. The puryse and u8eg ol the reslncled funds are 8ei out in the nole5 10 th6 financial sl&temwt8. 1.4 In¢omlng Incom Income is recognised whÈn11 ha5 been received by the charity. as the fiTrancJ81 $talemenl3 are prep8r¢d on a recèip16 and payment ba518 1.5 Expondlture Expenditure 15 r#cogni88d whon it h88 been paid by th& charity. as the financi818lalements aro prepared on a recglpts and payments b8sIs. 2 Donatlon• & Grants Unrèstrlcted Rostrlclod Funds Funds 2023-24 2023-24 Totsl Funds 2023Q4 Unrestrlct•d Re$tricted Funds Funds 2022.23 202243 Total Fund5 2022-23 Grant8 Recoivable 4.412 4.412 soo 6,389 e.889 Grants rt¢elvabl• for ¢or8 actlvltle3 CaLJ88way Coagt & Glens COU11 2000 2.OC(I 3,749 3,749 Housing Exec¥tlv• Tesco 1237 1.237 1,515 1.125 1,515 1,125 Macosquin Football Club Macosquin School Groundwo 250 250 SIK) 375 375 Crum $50 550 4.412 4.412 soo 6,389 6.889
Macosquln Vlllage Community Association 3 Charitabla ktivities 2023-24 2022-23 Rent & Insurance Bank Fees Cleaning Enlertainmenvevenls Telephone, advertising, postage and ststionery Gifts North Wesl Football Association Training Kitchen Equipment Computer Equipment Food Expenses 1,418 35 756 36 150 4647 445 2,465 109 65 250 100 1,682 84 831 673 6,208 7,538 Accountancy Fees 300 300 6.508 7,838 Analys15 by Fund Unreslricled funds 284 1876 Reslricied Funds 6,224 5962 4 Trustoes In Ihg current year, expenses lotaling £0 were reimbursed lo Trustees. £555 was reimbur$ed in the prgvlous year. 5 Taxatlon The charity is exempl from lax on incomg 8nd gains falling within section 505 of the Taxes Act 1988 or 88clion 252 of the T8xalion of Chargeable Gains Act 1992 lo the extent that these are applied to ils charitable obiocis. 6 Analysls of net a•8•ts b•twè•n funds Unrestrlctèd Restrlrted Funds Funds 2023-24 2023-24 Total Funds 2023-24 Unre8trlcled Rostrlcted Funds Funds 2022-23 2022-23 Total Funds 2022-23 Funds balances at 31 March 2024 are represented by.. Curreni assets Iliabililie51 355 507 862 639 2319 2958 355 507 862 639 2319 2958 7 Relatèd Party Transa¢tlons There were no disclosable party transactions durin9 the year12023- nonel-
Macosquin Ifillage Community Associatlon 202344 202243 202041 Income Macosquin Football aub Macosquin School Amokj Clarke Fund utcter Comnwnily Foundatknn Foyle Foundatb)n London Housing Executbvé Causeway Coast & Glèns Council GrOUndrk UK Tesco CRUM 250 500 2.500 2.000 1,200 1,237 2,000 375 1.515 3.749 2.598 1,125 550 Expenses Rent & Insurance Bank Fees Cl8anlng EntertaInntlEvgnts Tephone, Advertising, Postage and Statnery Grfts North W6st Footbal Ass0(aatn Training Kitchen Equipmnt Computer Equipnpnt Food Exp8n$es Accountancy Expen8e8 1,418 35 756 36 150 4,647 445 745 27 2.465 109 65 250 1,024 728 30 100 1,882 84 300 831 673 300 578 1,164 210 Owratlng Id•ficlly$urplu$ 949 Interest Payabk8 and Smrlkr Charg83 Interest Receivable Dgfl¢lt of oxp9nd1r0 over Income for th• y•8r 949