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 Ex￿ndIture
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