Company registratioll number: N1604156
cR￿lty iegistration number: 103024
Doagh Cultural Society Limited
(A ¢ompaDy limi￿a by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 August 2024
TB Millar & Co
6 Doagh Road
Bally¢lare
Co Antritn
BT39 9BG

D02gh Cultural Society Limited
Contents
Reference and Administratlve Details
Trnstees, Report
2to7
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
io
Notes to the Financial Ststemellts
llto19

Doagb Cultural Society Limited
Reference and AdnJillistratAYe Details
Chairman
Michael Twkington
Secretary
CraÉg Laughlin
Charity Registration Number
103024
Company Registration Number
N1604156
The charity is incoryorated in Northern Ireland.
Doagh Community Hall
The Enty
Doagh
Ballyclare
Antrijn
BT39 OQW
TB Millar & Co
6 Doagh Road
Bally¢lar¢
Co Antrim
BT39 9BG
Registered OffA¢e
Ind¢p¢ndellt Examiner
Pag¢ I

Doagh Cultural Society Limited
Trnstees, Report
Trustees and o￿leerS
Th¢ trustees and officers serving during the ye&r and since the year end were as follows:
Tr￿Stees.
Craig Laughlin
WÉlliam Bissett (Death 2 April 2024)
Andrew Marshall (resigned 31 May 2024)
William IAugblin
Thomas Elliott
Michael TuTkington
G&r¢th Bissett (appointed 2 April 2024)
Mark Bissett (appointed 2 April 2024)
Gary Lougblin (appointed I September 2023)
Chairn]an;
Michael Tukngton
Secretary:
Craig Laughlin
Doagb C￿t￿ra1 Society Tn]ste¢s, also Dire¢tors of the Cbatity for the puryoses of the Companies Act 2006,
have pleasure in submitting their annual rq)ort and fjnancial statements of th¢ C]wity for the year ended 31
August 2024.
The trustees have adopted the provxsions of the Statement of Recommended Practice (SORP} 'AccouDting and
Reporting by Charities, issued in 2005 in preparing their a[￿Ual report and fmancial statements of the ChaTity.
The Charity is a Charitable rompany limited by guarantee and was incoTporated on 19 August 2010. IÉ is
governed by a memornndum and articles of associatiorL
Structure? governance and management
The constitution wa5 adopted by the members of the Charity at a Special CTen¢rnl Meeting held on 24 May 2006
and stipulates the obje¢tAves and powers of the Ch￿lty for the furtberan¢e of its stated objectives (outlilled
below).
Membership of the Charity is open to all and any person aged sixteen years or over living iJ] the area of benefit
who subscribes to th¢ objectives of the charity and whose appEi¢ation for meD]bership is aocepted by the
Committee shall be called att individual member and AS entitled to vot¢ at meetings of the charity.
Except as provided otherwise in the Constitution th¢ policy and genernl nw]agem¢nt of the affair5 of tbe Ckwty
shall be directed by a conu￿lttCe elected at an Annual G¢n¢ral Meeting. Should the number of nominations
exceed the numb¢T of vacancies, election shall be by secret ballot of the mejnbers of the Charity present and
entitled to vots at #n Annual General Meeting.
Results
The results for the financial yeor are set out in the statem¢nt of financial activities.
Principal activity and business review
The ptincipal activiry of the Chartty is the advancement of education and the promotion of th¢ b¢n¢fit and
being of the commullity in the areas of D0ag￿ Cogry and Kllbrid¢ and their ¢nvirous in cO￿ty Antrim.
Page 2

Doagh Culturnl Soeiety Limlted
Trnste￿, Report
The directors are satisfied with the result and in line with exT)ectstions.
Page 3

Doagh Cultural Society Limited
Trustees, Report
Directors and Trustees
The Directors of the charitsble company (the Charity) and its tnjstees for the purpose of charlty law and
tI￿OughoUt this report are collectivety refe￿d to as the trustees.
The members of the Board auring th¢ year were:
. Craig Laughlin
. William Bissett (ullti] death 2 April 2024)
. Andrew Marshall
. William Laugblin
. Thomas Elliott
. Michael Turkington
. Gary Laughlin
. Mark Biss¢tt
. Gareth Bissett
In accordance with the Articles of Association one third of the trustees retire by rotation and offer th¢n)s¢lves
for re-election.
Directors. Intertsts
No director had at any ti]ne during the year a material inÉerest in any contract that was significant in relation to
the Charity's busxness.
Public Benefit
The PUTpose of Doagh Cultural Society Limited is specifi¢ally restricted to the advancement of educatkon at
the promotion of th¢ bellefit and wellbeing of the community and residents in the areas of Doagty Cogry and
Kilbride and their environs in County Antrim.
Support con)muDity development and wellbeing a¢tivities and to work WAth parthers to support
EllEnunity Cohesion and sustainable conllnunities.
Advan¢¢ education by piomoting public awareness of the history? fomore, architectural aud Cultural
heritsge of the area of benefit and its inhabitallts.
Prolnote and advance education and appreciation of the Ulster-scots language, histQry> folklore,
literatL￿e, traditions, arts and culture.
Promote the benefit of young people Èn the &rea of benefft and educate and assist such young people
through their leisure time activities so as to develop their physicaL mental and emotional capacities so
that they may grow to full Ma￿rity as kndividuals and members of the Charty so that their conditions
of Ilfe nmy be improve(L
Promote and fostsT racial alld ethnic harniony and diversity through the promotion of activities to foster
knowledge and n]utual understanding between people from diverse back￿O￿Ld$ through the provision
of recreational facilities alld events involving the local community.
Promote comraunty safety through the support and development of appropriate programnies aud
projects, which aim to address Crime and anti-social behaviour.
Advan¢e any other exclusivety c]JaTitable purposes as the trusteesldirectors mayy from time to time,
deci(k in accordallce with the law of the Charity.
Page 4

Doagh Cultural Society Limited
Trustees, Report
Achievement5 and perfornianc¢
The Charity entered into an agreement with the Thlstees of Doagb Orange Hall for the lease of Ihe Hall as a
Community Halk for a 25-year period commencing on 8 October 2010 at an aDnual rent of £0.05 p¢ry¢ar.
GROW South kntiim, through the Rural Development Fun¢ Provided a 750/fy grant towards building costs
associated with the renovation and refurbtsl)ment of the Orange Hall for use as a Community Hall. Match
funding was provid¢d by Newtownabbey BC and through fundraising projects. Th¢ Letter of Offer from GROW
included the terns and Gonditions of the granL which included a legal charge over the building for a period not
less than 10 years by the Departtnent of Agriculture alld Rural Development.
Building woA( in the community Hall was complete in June 2011 alld it began use as a Community Hall from
July 2011 onwards. The bank facilitated the process by providing overdtaft faciEities until the grant released,
Fees were repaid through fundraising activities.
During the 2024 year. the community hall has been used by the local playgroup.
Maintenance grdnts were received to do work on the building.
Community events were held during the year.
A kids party was held duriDg the year.
Financial Review
Details of the results for the year 8re set out in the statement of fllthncial activitAes and related notss.
The trnstees have review¢d the reselves of the Charity and strive to ensure there are ad¢quate reserves to cover
any unforeseen expenditur¢ in the thture.
Futsre Plans
The Charity plans to continue management of tbe Hall in future years and to develop its activiti¢s ill accordance
with its awrent objectives.
Risk Managemellt
The tswtees have a risk n]anagement strategy in place which comprises:
An annual review of th¢ risks the Charity faces"
Systell￿ and procedures to mitigate risks identifked. and
Implementation of procedures to ensure minimw)J iD]pact of the ¢harity should any of the risks
materialise
Fixed Assets
The movements Sll fixed assets during the year are set out in the fillancial statements.
Pag¢ 5

Doagh Cultural Society Limited
Trustees, Report
Small companies provision statement
This r¢port1oq been prepared in accordance with the sn￿1 companies regime under the Companies Act 2006.
The annual report was approved by the trnstees of the charity on 21 May 2025 and siglled on its behalf by..
Gary Loughlin
Trustee
Page 6

Doagh Cultural Society Limited
Trustees, Report
Statement of trustees, responsibilities
The trustees (who ar¢ also the directors of Doagh Cultural Society Limited for the purposes of company law) ar¢
responsible for preparing th¢ trustees, report and the fU￿}cIal statements in a¢cordan¢e with applicable law and
United Kingdom Accounting Standards (United Killgdom Generalty Accepted Accountitity Practice), including
FRS 102 "The Financial R¢porting Standard applicable ill the UK and Republic of Ireland The report and
a¢¢ounts have been prepared sn a¢cordanc¢ with the provisiong in the CompaDies Act 2006 relating to small
companies.
Company law requires the trustees to prepare fu￿1¢la1 statements for each fJnan¢ial year. Under company law
the tn￿te¢S must not approve the fllwicial slatements unless they ar¢ Satisfi￿ that they give a true and fair view
of the state of affairs of the clwitable company and of the incoming resources and application of resources,
including its ifA¢ome and eXpend1tt￿¢, of the charitable company for tIRt period. In preparing these f￿ancial
statements, the tntstees are r¢quired to:
sel¢ct witable accounting policies and apply th¢m consistently.
observe the methods and principles in the Charities SORP.
make judoements and estimates that are reasonable and prndent.
state whether applicable accounting standards, comprising FRS 102 have been followe￿ subject to any
material departures disclosed and explained in th¢ flllancial ststsments. and
prq)are the financiaE statem¢nt$ on the going concern b&sis unless it is inapproprlate to pr¢sume that tbe
charitable company will Continue in business.
The trustees are responsible for keeping proper acGoullting records that can disclose with reasonable accuracy at
any time the Fjnaacial position of the charitable company and enable them to ensure that the fllWLcial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitabl¢
company and hence for taking reasonable steps for th¢ prevention and detection of fraud and other irregularities.
The trnstees are r￿ponSIble for the n￿IntenanCe and integrity of the con)orate alld financial inforniatioll
included on the charitable company's website. Legislation governkDg the preparntion and dissemination of
f1j￿1￿ statements may difftr from legislation in other jurisdictions.
Approved by the t￿￿e8 of the chaTity on 21 May 2025 and SI￿ed on its behalf by.
Gary Lou
Trustee
Page 7

Doagh Cultural Society Lmmited
Independent Examiner's Report to the trustees of Doagh Cultllrnl Society Limxted ('the
Company,)
I report to the tharity trustees on my examination of the aec<)unts of the Company for the year ended 31 August
2024.
Responsibillties and basis of report
Ag the cbarity's trustees of the Company (and also its directors for tbe purposes of co]Dpany law) you are
responsible for th¢ prepardtion of the accounts in accordance with the requirements of the Cotnpani¢s Act 2006
('the 2006 Act,).
Having satisfied myself that th¢ accounts of the Company are not required to be auditsl under Part 16 of the
2006 Act and are eligible for independent ¢xaTnination, I report in respect of my examination of your clwity's
accounts &s carried out under section 145 of the Chariti¢s Act 2011 ('th¢ 2011 Act,). In carrying out my
examination I have followed the Directions given by the Charity CornmissAon under section 145(5)(b) of the
2011 Act.
llldependent examiner's statement
I have completed my examination. I confllin that no matters have Con￿ to Eny attention in conne¢tion with the
examillation giving me cause to believe:
accounting records were not kept in respect of Doagh Cultural Society Limited &s required by section 386
of the 2006 Act. or
2. the accouuts do ttot accord with those r¢cords" or
3. the accounts do not compty with the accounting requirnents of section 396 of the 2006 Act other than
any requirement that the accowts give a 'ttue and fair view which is not a nMtter considered as part of an
independent emm]nati￿ or
4. the accounts have not been piepared in accordance with the methods and principles of the Statement of
Reconwllended Practice for a¢¢ounting and reporting by charities [applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102}].
I have no concerns and have come across no other matters io connection with the examination to which attention
should be draNTrTr in this wjort in order to enabl¢ a proper understanthg of the acwunts to be reached.
ill
rFCA
CCOUlltant
oad
Ballyclare
Co Antrim
BT39 9BG
21 May 2025
Page 8

Doagh Cultural Society Limited
Statemellt of Financial Activities for the Year Ended 31 August 2024
(Including Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Unrestricted
funds
Restricted
fund$
Total
2024
Note
Income and Endowments from:
Charitable activiÈi¢s
Other trading activities
5,510
2,300
5,510
2,300
Total income
7,810
7,810
Expenditure on:
Charitabl¢ activities
(11,314}
(8,279)
(19,593)
Total expenditure
(11,314
(8,279)
(19,593)
Net expenditure
Net movement in funds
(3,504)
8,279
(11,783)
(3,504)
(8,279)
(11,783)
Reconciliation of funds
Totsl funds brought forward
Totsl fl￿d$ caTried forward
2,354
49,848
52202
15
(1,150
Unrestricted
funds
41,569
Restrieted
fvnds
40,419
Total
2023
Note
Income and Endowments from:
Ckmritable activities
9,999
9,999
Total income
9,999
9,999
Expendlture on:
Clwitable activities
(14,936)
(7,646)
(22,582)
(22,582)
Total expenditure
(14,936)
7,640
Net expenditure
Net movement in fi￿dS
4,93
(7.646)
(12,583)
(4,937)
(7,646)
(12,583)
Reeonciliation of funds
Total fi￿aS brought forward
Total funds carried forward
7291
57.494
64,785
15
2,354
49,848
52,202
All of the ch￿Ity'S aotivities derive from continuing operations during th¢ above two periods.
The fimds breakdown for 2023 is Shown in note 15.
The notes on pages l I to 19 f<)rni an integral part of these f￿￿la1 stat¢rnents.
Page 9

Doagh Cultural Society Limited
(Registration number: N1604156)
Balance Sheet as at 31 August 2024
2024
2023
Note
Fixed assets
Tangil)le ￿set$
li
40,737
52,759
Current assets
Cash at bank and in hand
12
41,766
49,782
Creditors: Amounts falllng due wlthin one year
13
(42,084
50,339)
Net current Ilabilities
(318)
(557)
52,202
Net assets
40,419
Funds of the charity:
Restrirted income funds
Restricted funds
41,569
49,848
Unrestricted income funds
Unrestricted fluidg
(1,150)
40,419
2,354
Total funds
15
52,202
For the financial year ¢nding 31 August 2024 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companɢs.
Directors, responsibilities:
The members have not required the charity to obtain an audit of its acc4)unts for the year in question in
accordance section 476; and
The directors acknowledge their responsibi]itses for complying with the requirements of the Act with respect
to accounting records and the prep&ratioll of accow)ts.
These financial statements have beerA prepared in accordance with th¢ special provisions relating to ¢ompanies
subject to the small companies regime within Part IS of the Companies Act 2006.
The fmancial statements on pag¢s 9 to 19 were approved by the ttiistees, and authorised for issue on 21 May
2025 and signed on their behalf by:
Gary Lou
Trustee
Th¢ notes on pages I I to 19 fonn an integral part of these financial statements.
Page 10

Doagh Cultural Society Limited
Notes to the Financial Statements for the Year Ended 31 August 2024
I Charity statu3
The charity is limited by guarantee. incory>ordted in Northern Ireland, and consequentty does not have share
capital. Each of the tnL8tees is liable to CODtribut¢ an amouut not exceeding £1 towards the &ssets of the charity
in the event of liquidation.
The address of its re￿ered office is:
Doagb Community Hall
The Enty
Doagh
Bally¢lare
BT39 OQW
TFLese fmallcial statements w¢re authorised for issue by th¢ truste¢s on 21 May 2025.
2 Aceountiug policies
Summary of significant accountlng policies 2nd key ac¢ountlng estimates
The Principal a¢counting policies applied ill the prepardtion of these fman¢ial statem¢nts are set out below.
These polÉcies have been ¢onsistently applied to all th¢ years pre8enteQ unless otheTWiS¢ Stated.
Statement of compliance
Tbe financial statements have been prepared in acwrdance with Accountitig and Reporting by Charities:
Statement of Recommend¢d Practice (applicable to Charities prepaying their accounts ill accordance with the
Financial Reporting Standard applAcable in the UK and Republic of Ireland (FRS 102)} (issued in October 2019)
- (Charities SORP (FRS 102)), the Financial Rq)orting St&odard applicable in the UK artd Republic of Ireland
(FRS 102) and the Companies Act 2006.
Basis of preparation
Doagh Cult￿al Society Limited meets th¢ definition of a public benefit entity ullder FRS 102. Assets and
liabilities are initially recognised at historical cost or transartion valu¢ unless otheThvise stated in the relevant
counting pokicy notes.
Going concern
The trustees consider that th¢r¢ are no material ullcertainti¢s about the Charitys ability to continue as a going
concern nor auy signifi¢ant are￿ of uncertainty affect the carrying value of assets held by the charity.
Income and endowments
Expenditure
All exp¢ndittwe is recoguised once there is a legal or cot)stLuctive obligation to that expenditure, it is probable
settlement is required and the atnount can be measured r¢liably. All costs are allocated to the applicable
expendits￿¢ heading that wegate similar costs to that category. Wher¢ costs cannot be directly attributed to
particular headings they have b¢ell alEocated Oll a b&8is consistent with the use of resources, with central staff
costs allocat￿ on the basis of time spent, alld depreciation charges allocated <>n the portion of the asset's use.
Other support costs are alkocated based on the spread of stsff costs.
Pagell

Doagh Cultural Society Limited
Notes to the Financial Statements for the Year Ended 31 August 2024
Chqn't4ble acliwtses
Ckwitable expendItt￿¢ comprises those costs incurred by the eharty in the delivery of its activities and s¢rvices
for its beneflciaries. It includes both costs that can be allocated directly to such activities and those costs of an
indirect nature necessary to support therrL
Support costs
Support costs include Central knctions and have been allocated to activity cost cthgories on a basis ¢onsistent
with th¢ use of resources, for example. allo￿tItig propety costs by floor areas, OT per captta, staff costs by the
time spent and other costs by their usage.
Governance costs
These include th¢ costs attributable to the charity's compliance witb constitutional and statutory Tequirements.
including audit, strategic ll￿￿Eement and trustees meetings and reimbursed expenses.
Taxation
The charity is considered to pass the tests set out in Pardgraph I ScheduEe 6 of the Finance Act 2010
therefore it me¢ts th¢ def￿1t￿on of a charitable company for UK corporation tax Pillposes. Accordingty, the
charity is potentially exempt from t&xation in respect of income OT capital gains received within categoTÉes
overed by Chapter 3 Part I l of the CoryN)ration Tax Art 2010 or Section 256 of th¢ Taxation of Chargeable
Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable pu4)oses.
Tangible fixed assets
tndividual fixed assets costing £1.00 or more are initially recorded at cost, less any subsequent accumulated
depre¢iation and subsequent accuniulated impainnent losses.
Depreciation and amortisation
Depreciation ig provided on tangible fixed assets so as to write off the cost or valuation, le&s any ¢stimated
residual value, over their expected useful economi¢ lift &8 follows..
Asset class
Buildxng Costs
Depreciation method and rate
remaining use￿1 life of th¢ l¢&se on cost
Cash and cash equivalents
Cash and cash equivakents comprise cash on hand and call deposits, and other short-terni highly liquid
investtnents that are r¢adily convertibk to a known amount of casb and are subj¢¢t to an insignificant Tisk of
thange in value.
Borrowings
Luterest-beaTing borrowings are initially recorded at fair value, net of transaction costs. Tnkrest-bearing
borrowings are subsequently carried at amortised cosL with the difference between the proceeds, net of
transa¢tioll costs, and the amouTht due on reden)ption being recognised as a charge to the Statement of Financial
Activities over the period of the relevant borrowing.
Interest expense is r¢cognised on the basis of the effectÉve interest metknd aud is included In interest payable
and sin)ilar charg¢s.
Borrowillgs are classified as current liabilities unless th¢ charity has an unconditional rigbt to defer settlement of
the Riability for at least twelve months after the reporting date.
Page 12

Doagh Cultsral Society Limlted
Notes to the FillaJAcial Statements for the Year Ended 31 August 2024
Foreign ex¢h8Dge
Transactions in foreign currencies are Tecorde4 at the rate of exchange at the date of transaction. Monetary
assets and liabilities denominated in foreigTA currenrA¢S at the balance sheet date are Teported at the rates of
exchange prevaili-llg at that date.
The resLllts of overseas operations are tr8nslated at the average rates of ex¢bange duri￿0 the peri(d and their
balance sheets at th¢ rat¢s nlling at the balance sheet date. Exchange diffeTen¢es arisÈng on translation of the
opening net assets aLd results of overseas operntions are reported in otheT compr¢he]L8ive income and
accumulatsd equity (attiibuted to non-controlling interests as appropriate).
Other exchange differences ar¢ recognised in the Statement of Financial Activities in the period in which they
arise except for:
l) exchange differences on transactions entered iuto to hedge certain foreign currency risks (see above).
2) exchange differences arising on gains or losses oll non-monetary items which are recognis¢d in other
compr¢h¢nsRve income. and
3) in the case of the consolidated ffftancial statements, exchange differellces on monetary ltell￿ r¢¢eivable from
or payable to a foreign operation for which settlement is neither planned nor likely to occur (therefore forniing
part of the n¢t investment iu the foreigll operntion), which are recognised other comprehensive in￿rne and
reported ullder equity.
Page 13

Doagh Cultural Society Limited
Notes to the Financial Statements for the Year Ended 31 August 2024
Fund strn¢thre
Unrestii¢ted income funds are g¢neTal funds that are available for use at the trustees discretion in fifftherance of
the objectkves of the ch￿lty.
Restricted income funds are tbose donated for use io a particular area or for specific pU￿)SeS, the use of which
is restrictrd to that area or purpose.
3 Illeome from eharitable activities
Unrestricted
fuDds
General
Total
funds
Hall Rentals
Grants
2,21Y)
3,310
2,200
3,310
Total for 2024
5,510
5,510
Total for 2023
9,999
9,999
4 Income from other trading a¢tivitles
Unrestricted
funds
General
Total
funds
Local fi]ndraising and street Gollection income
2,300
2,300
Totsl for 2024
2,300
2,300
5 Expenditure on eharitsble activities
Unrestrieted
funds
General
R￿trIcted
funds
Total
funds
Note
Community Events
Depreckation, amortisation and other
similar costs
Allocated support Costs
Governan¢¢ costs
374
374
3,743
6,680
517
8,279
12,022
6,680
517
Total for 2024
11,314
8,279
19,593
Total for 2023
14,936
7,646
22,582
Page 14

Doagh Cultural Society Limited
Notes to the Financlal Statements for the Year Ended 31 August 2024
6 Allalysis of governanee and support costs
Charitable a¢tivitles expenditure
Unrestricted
funds
General
Total
fuuds
Basis of allocatioll
Water Rates
Insurance
Repairs & Kenewals
Bank charg¢s
Light, Heat & Power
Telephone & Illternet
647
2,334
I,ioo
210
1,719
670
647
2,334
I,ioo
210
1,719
670
Total for 2024
6,680
6,680
Total for 2023
7,548
7,548
Basis of alloeation
Reference
Method of allocation
Direct
Governance ￿$t$
Unrestricled
funds
General
Total
funds
Independent examiner fees
Exan)ination of the financial statements
517
517
Total for 2024
517
517
Total for 2023
490
490
7 Net incominglolltgoing resources
Net outgoing resources for the year include..
2024
2023
Depreciation of fixed assets
12,022
11,103
Page 15

Doagh Cultural Society Limited
Notes to the Financi21 Statements for the Year Ended 31 August 2024
8 Trustees remulleration and expenses
No tsi￿ees, nor any persons conn¢ctsd witb thenL have TeG¢ived any remuneration from the charity during the
No trustees have received any re1n￿urSed expenses or ally other benefits from the charity during the year.
9 Independent examiner's remuneration
2024
2023
Examination of the fsnancial ststemellts
517
490
10 Taxation
The charity is a re￿er¢d charity and is therefore exempt from taxatioll.
11 Tattgible fixed a&sets
Land and
buildings
Total
Cost
At I SeptenAber 2023
145270
145.270
At 31 August 2024
Depreciation
At I September 2023
Charge for the year
At 31 August 2024
145,270
145,270
92,511
12,022
92,511
12,022
104,533
104,533
Net book value
At 31 August 2024
40,737
40,737
At 31 August 2023
52,759
52,759
Included within the net book value of land and buildings above is £Nil (2023 - £Nil) in respect of freehold land
alld buildings and £40,737 (2023 - £52,759) in respect of leaseholds.
Page 16

Doagh Cultural Society Limited
Notes to the Financial Statements for the Year Ended 31 August 2024
12 Cash and tash equivalents
2024
2023
Cash i)n hand
Casb at bank
200
41,566
41,766
200
49,582
49,782
Bank overdrafts
(41,569)
(49,848)
Cash and cash equivalents in statement of cash flows
197
(66)
13 Creditors: amounts falling due within one year
2024
2023
Bank overdrafts
Accn
41,569
515
49,848
491
42,084
50,339
14 Contingent liabilities
Generating Rural Opportutiities Within (GROWI South Antrim provided 75010 Wt aid for the building costs,
building control fee and professional fees associated with the renovation and refurbishment of the Orange H￿1
for use as a Community Hall. The letter of offer from GROW South Antrijn iDclllded the ternis and ¢onditions
of the m, which included a legal charge over the building for a period not less than 10 y¢ars by the
Departtnent of Agricul￿re and Rural Development (DARD}. Th¢ letter of offer outtines a set of specific
ircumstan¢¢s that if breached could resuEt in the grant being disallowed, reduced or recovered.
Page 17

Doagb Cultural Society Limlted
Notes to the Financial Statements for the Year Ended 31 August 2024
15 Fllnds
Balance at I
September
2023
Incoming
resource$
Resources
expended
Balance at 31
August 2024
Unrestricted funds
General
2,354
7,810
(11,314)
(8,279
(1,150)
41,569
Restricted funds
49,848
Totsl funds
52,202
7,810
(19,593
40.419
Balan¢e at I
September
2022
Ineomxng
. resources
Resources
cxpended
Balanee at 31
August 2023
Unrestrieted funds
Genera
7,291
9,999
(14,936)
(7,646)
2,354
Restrieted funds
57,494
49,848
Total funds
fv1,785
9,999
(22,582)
52,202
Page 18

Doagh Cultural Society Lilnited
Notes to the Financial Statements for the Year Ended 31 August 2024
16 Analysis of net assets between funds
Unrestrieted
funds
Cener21
Total funds at
31 August
2024
Restrieted
funds
Tangible f￿¢d assets
Clwrent assets
Current liabilities
40,737
197
{42,084)
(1,150)
40,737
41,766
(42,084
40,419
41,569
Total net assets
41,569
Ullrestricted
funds
General
Total funds at
31 August
2023
Restricted
funds
Tan￿7)le fix￿ assets
Curr¢nt assets
cll￿ent liabilities
52,759
(66)
(50,339
52,759
49,782
50,339
49.848
Total net &￿ts
2,354
49,848
52,202
17 Analysis of net funds
Atl
September
2023
At 31 August
2024
Cash at bat)k and in hand
B&Dk overdraft
41,766
(41,569
197
41,766
41,569)
197
Net debt
197
197
Atl
September
2022
At 31 August
2023
Cash at bank and in hand
Bank overdraft
49,782
(49,848)
(66)
49,782
(49,848)
(66
Net debt
66
Page 19