| Contents | Page |
|---|---|
| 1 | |
| CompanyInformation | 2-3 |
| Trustees'Report | 4 |
| IndependentExaminer'sReporttothemember | |
| 5 | |
| StatementofFinancialActivities | |
| 6-7 | |
| BalanceSheet | |
| 8-10 | |
| NotestotheFinancialStatements | |
| Thefollowingpagesdonotformpartof thestatutoryaccounts: | 11 |
| Detailed Income and Expenditure Account |
| Unrestrlcted | Restricted | |||
|---|---|---|---|---|
| funds | funds | 31-Jul-24 | 31-Jul-23 | |
| INCOMINGRESoURCES(NOTE2) | ||||
| Activitiesforgeneratingfunds | ||||
| Grants and subsidies received | 13,651 | 13,651 | 12,631 | |
| Other income | 26,331 | 26,331 | 44,330 | |
| TOTALINCOMINGRESOURCES | 13,651 | 26,331 | 39,982 | 56,961 |
| RESOURCESEXPENDED(NOTES3-5) | ||||
| Costsofgeneratingincome Fundraisingtradingcosts |
20,342 | 28,103 | 48,445 | 49,320 |
| Other direct costs | ||||
| TOTAL RESOURCES EXPENDED | 20,342 | 28,103 | 48,445 | 49,320 |
| Netincoming/(outgoing) resources before | ||||
| transfers Netincoming/(outgoing)resourcesbefore |
(6,691) | (1,772) | (8,463) | 7,641 |
| other recognised gains/(losses) | (6,691) | (1,772) | (8,463) | 7,641 |
| Netmovementinfunds | (6,691) | (1,772) | (8,463) | 7,641 |
| Totalfundsbroughtforward | 45,911 | 25,168 | 71,079 | 63,438 |
| TOTAL FUNDS CARRIED FORWARD | 39,220 | 23,396 | 62,616 | 71,079 |
| Thenotesonpages8to10formpartofthese | financialstatements. |
| LeckpatrlckDevelopment Balance Sheet |
LeckpatrlckDevelopment Balance Sheet |
Assoclation |
||
|---|---|---|---|---|
| Asat31July 2024 | ||||
| 2024 | 2023 | |||
| Notes | ||||
| FIXED ASSETS | ||||
| TangibleAssets | 6 | 453,103 | 479,525 | |
| 453,103 | 479,525 | |||
| cURRENTASSETS | ||||
| Cashatbankandinhand | 21,523 | 29,924 | ||
| 21,523 | 29,924 | |||
| Creditors:AmountsFallingDueWithinOneYear | 7 | (17,040) | (17,070) | |
| NETCURRENTASSETS(LIABILITIES) | 4,483 | 12,854 | ||
| TOTALASSETSLESSCURRENTLIABILITIES | 457,586 | 492,379 | ||
| Creditors: AmountsFallingDueAfterMoreThan OneYear |
(394,971) | (421,300) | ||
| NETASSETS | 62,615 | 71,079 | ||
| Income and Expenditure Account | 62,615 | 71,079 | ||
| MEMBERS'FUNDS | 62,615 | 71,079 |
| 1.3. Tangible Fixed AssetsandDepreciation | 1.3. Tangible Fixed AssetsandDepreciation | |||
|---|---|---|---|---|
| Tangiblefixedassets are stated at cost less depreciation,Depreciationis | providedat rates calculated to write off the costof | |||
| thefixedassets,lesstheirestimatedresidual | value,overtheirexpected | usefullivesonthefollowingbases: | ||
| Leasehold | 26 Years StraightLine | |||
| Plant &Machinery | 25%ReducingBalance | |||
| ComputerEquipment | 25%ReducingBalance | |||
| 2. | INCOMINGRESOURCES | 31-Jul-24 | 31-Jul-23 | |
| Income from hall hire | 13,651 | 12,631 | ||
| Grantsincomerecognised | ||||
| DARD- ARCNorthwest(amount amortised- | capitalgrant) | 26,331 | 26,331 | |
| OwenreaghPowerGrant | 5,000 | |||
| Lottery Grant Asda Grant |
11,999 1,000 |
|||
| 39,982 | 56,961 | |||
| 3. | RESOURCESEXPENDED | 31-Jul-24 | 31-Jul-23 | |
| Costofgeneratingincome: | ||||
| Wages | 5,850 | 5,300 | ||
| Property managementandservice charges | 762 | 741 | ||
| Lightand heat | 4,737 | 7,668 | ||
| Repairsandmaintenance | 2,472 | 1,349 | ||
| Cleaning | 242 | |||
| Insurance | 1,690 | 1,690 | ||
| Licencefees | 90 | |||
| Printing, postage and stationery | 191 | |||
| Telephone | 1,286 | 1,538 | ||
| Accountancy fees | 990 | 1,020 | ||
| Depreciationofplant and machinery | 1,104 | 529 | ||
| Depreciationofcomputer equipment | 47 | 62 | ||
| Depreciationofleaseholdproperty | 28,103 | 28,103 | ||
| Sundryexpenses | 1,117 | 1,078 | ||
| (48,445) | (49,320) | |||
| FUNDRAISINGTRADINGCOSTS | 31-Jul-24 | 31-Jul-23 | ||
| Costofsales: | ||||
| Drinks,catering,entertainmentforfundraisingactivities |
| 6. TangibleAssets | ||||
|---|---|---|---|---|
| Land& | ||||
| Property | ||||
| Leasehold | Plant& Machinery |
Computer Equipment |
Total | |
| Cost | ||||
| Asat1 August 2023 | 730,682 | 16,795 | 2,494 | 749,971 |
| Additions | 2,832 | 2,832 | ||
| Asat31July 2024 | 730,682 | 19,627 | 2,494 | 752,803 |
| Depreciation | ||||
| Asat1 August 2023 Providedduringtheperiod |
252,928 28,103 |
15,210 1,104 |
2,308 47 |
270,446 29,254 |
| Asat31July 2024 | 281,031 | 16,314 | 2,355 | 299,700 |
| NetBookValue | ||||
| Asat31 July 2024 | 449,651 | 3,313 | 139 | 453,103 |
| Asat1 August 2023 | 477,754 | 1,585 | 186 | 479,525 |
| 7.Creditors:AmountsFallingDueWithinOneYear | ||
|---|---|---|
| 2024 | 2023 | |
| Othercreditors | 15,000 | 15,000 |
| Accrualsanddeferred income | 2,040 | 2,070 |
| 17,040 | 17,070 | |
| 8. Creditors: Amounts Falling Due After More Than One Year | ||
| 2024 | 2023 | |
| Capitalgrants | 394,971 | 421,300 |
| 394,971 | 421,300 |
| 2024 | 2023 | |||
|---|---|---|---|---|
| TURNOVER | ||||
| HallHire | 13,651 | 12,631 | ||
| GROSS SURPLUS | 13,651 | 12,631 | ||
| Administrative Expenses | ||||
| Wages and salaries | 5,850 | 5,300 | ||
| Propertymanagementandservice charges | 762 | 741 | ||
| Lightandheat | 4,737 | 7,668 | ||
| Repairs and maintenance Cleaning |
2,472 6 |
1,349 242 |
||
| Insurance Licencefees |
1,690 90 |
1,690 | ||
| Printing,postageandstationery | 191 | |||
| Telephone Accountancy fees Depreciationofplantandmachinery Depreciationofcomputerequipment |
1,286 990 1,104 47 |
1,538 1,020 529 62 |
||
| Depreciationofleaseholdlandandproperty Sundryexpenses |
28,103 1,117 |
28,103 1,078 |
||
| (48,445) | (49,320) | |||
| OtherOperatingIncome | ||||
| Grantsandsubsidiesreceived | 26,331 | 44,330 | ||
| 26,331 | 44,330 | |||
| OPERATING SURPLUSANDDEFICITFORTHEFINANCIALYEAR | (8,463) | 7,641 |