CLOUGHMILLS CULTURAL & HISTORICAL SOCIETY Noteg 10 the Flnanclal Statements for the year ended 31 Mafch 2023 I. ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS A5 the total Income of the soclety is le55 than £250,000 the trustees have elected In accordance with the provlsions in the Charities (Accounts and Reports Regulation5 Nll 2015 to prepare its account5 On a receipts and payments basis. FUND ACCOUNTING Endowment funds are funds, the capital of which must be retained either permanentlv or at the trustees dlscretion; the income derived from the endowment Is to be used elther as restricted or unrestrlcted income funds depending on the purpose for which the endowment was established in the flrst place Restricted funds comprise lal income from the endowments which is to be expended only on the restricted purposes intended by the donor and Ibl revenue donations or grants for a specific activity intended by the donor. Unrestrlcted funds are Income funds whlch are to be spent on the society's general purposes. Designated funds are general funds set aside by the soclety for use in the future. 2. RECONCILIATION OF CASH FUNDS Total Cash Fund5 at 8eginning of the year Receipts for the year Payments for the year Total Cash Funds at end of the year 5,608 16,775 -15,387 6,996 3. MOVEMENT IN FUNDS At l Aprll Incomln8 Out801Tr8 2022 Resources Resources Transfers At 31 Mar 2023 Endowment Funds Restrl¢t¢d Funds Communlty Foundation Grant Charles Hayward Foundation Grant Awards for All Grant Communty Foundation Older Peoples Grant Communty Foundation Winter Fuel Grant Communbty Foundation Energia Repair Grant Causeway Coast & Glens Good Relations Grant 1500 2100 1500 2250 3280 1875 4000 150 195 75 3085 1800 4000 2650 2,650 500 500 3,600 12,035 12.905 420 3,150 Unrestricted Funds General Fund 2,008 2,008 4,740 4,740 2,482 2,482 -420 -420 3,846 3,1146 Total Funds 5,608 16,775 15,387 6,996
Balance Sheet as at 31st March 2023 Notes 2023 2022 Fixed Assets Tangible Fixed Assets Curront Assets Debtors C8sh at bank and in hand 6,996 5,608 6,996 5,608 Credltorg - falllng due wlthln one year Not Curront Assots 6,996 5,608 Crodltor• - falllng du• aft•r on• yoar NET A8SETSI (LIABILITIES) 6,996 6,608 Fund• Unrestricted Funds Restncted Funds 3,846 3,150 2,008 3,600 TOTAL FUNDS 6,996 5,608 Approved by the Trustees and signed on their behalf by Mr Edwin M¢Lau Treasurer in Mr Edgar Ait¢he80ri Secretsry Ilth September 2023
CLOUGHMILLS CULTURAL & HISTORICAL SOCIETY ststement of Financial Activities for the Year ended 31 st March 2023 Unrestrictèd Rastricted Endowment Total Funds Funds Funds 2023 Total 2022 Income Winter Craft Sale Donations District No 14 Fund Raising - Bric a Brac Sale Donations ABODIRBP 214 Donation Crown Defenders Sale of Equipment General Donations Christmas Raffle Charles Hayward Foundation Community Foundation Covid Grant Ulster Scots Agency - Insurance Grant Awards for All Grant Community Foundation Older Peoplès Grant Community Foundation Winter Fuel Grant Community Foundation Energia Repair Grant Coast Support Grant Causeway Coast & Glens Good Rel8tion8 Grant 1,100 920 1,100 920 4,420 300 200 500 200 400 1,120 200 500 200 400 1,120 200 2,100 3,100 250 3,085 1,800 4,000 2,650 3,085 1,800 4,000 2,650 300 500 300 500 Total Income 16,775 10,370 Expenditur• Insurance Heat, Light & Power Water Charges Bank Chargès Alpha Newspapers Hall Repairs Sundry Charles Hayward Foundation Grant 22 Expendilure Community Foundation Grant 22 Expenditure Awards for All Grant Expenditure Community Foundation Winter Fuel Grant Expenditure Community Foundation Older Peoples Grant Exp 1,040 286 368 1,040 286 368 91 111 586 1,155 175 308 111 586 2,328 31 2,250 1,500 3,280 4,000 1,875 2,250 1,500 3,280 4,000 1,875 Total ExndIture 2,482 12,905 15,387 4,059 Net Income bèfore transfars 2,258 -870 1,388 6.311 Transfor8 between fund8 420 420 Nat movemènt in fund8 1,838 450 1,388 6,311 Total funds brought forward 2,008 3,600 5,608 -703 Total funds carrled forward 3,846 3,150 6,996 5,608