CLOUGHMILLS CULTURAL & HISTORICAL SOCIETY ststement of Financial Activities for the Year ended 31st March 2024 Unre8trlcted Restrletsd Endowment Total Funds Funds Funds 2024 Totsl 2023 Incorne Winter Craft Sale Donations District No 14 Fund Raising - Bnc a Brac Sale Donations ABODIRBP 214 Donation Crown Defenders Sale of Equipment General Donations Christmas Raffle H81ifax Foundation Grant 0423 Allen Lane Foundatson 0723 Community Foundation 1123 Awards for All Grant 0324 Communty Foundaknon Older People8 Grant CommLsnity Foundation Wintèr Fuel Grant Community Foundation Energia Repair Grant 0123 Community Foundation Repair Grant 1223 Coast Support Grant Causeway Coast & G18ns Good Relations Grant 1,000 1,100 500 250 250 100 1,000 1,100 500 250 250 100 1,100 920 500 200 400 1,120 200 1,400 1,000 2,000 5,323 1,400 1,000 2.000 5,323 3,085 1,800 4,000 2,650 3,000 3,000 300 300 300 500 Total Income 16,223 16,775 Expendlturn Coach Hlr@ Insurance Heat, Light & Pow8r Water Charges &ank Charges Alpha Newspapers Hall Repairs Sundry Charles Hayard Foundation Grant 22 Expenditure Community Foundation Grant 22 Expenditur& Awards foi All Grant Expenditure Community Foundation Winter Fuel Grant Expenditure Community Foundallon Older Peoples Grant Exp Communlty Foundation Energia Repair Grant 0123 Causeway Coast & Glens Good Relatlons Grant Halifax Foundation Grant 0423 Allen Lane Foundat'on 0723 Craft Instruction - Crochet Club Flower arranging and Materials CCGBC- Hall CenCe 680 1.092 1,423 602 84 680 1,092 1,423 602 e4 1,040 288 388 91 111 686 2,250 1,500 3,280 4,000 1,875 3,500 660 1,400 1,000 3,500 660 1,400 1,000 1,500 800 75 1,500 800 75 Totsl Expendlture 6,942 6.560 13,502 15,387 Not Incomè bgfor8 transfer8 4.442 6,163 2,721 1,388 Tran8fer8 between funds -1,010 1,010 Nèt movement In funds 4,452 7,173 2,721 1.388 Totsl funds brought forward 3,846 3,150 6,996 5,608 Total funds carried forward -606 10,323 9,717 6,996
CLOUGHMILLS CULTURAL & HISTORICAL SOCIETY Balance Sheet as at 31st March 2024 Notes 2024 2023 Fixod Assets Tangible Fixed Assets Current Assots Debtors Cash at bank and in hand 9,717 6,996 9,717 6,996 Croditors . falling duo within ona year Net Current A8set8 9,717 8,996 Creditor8 - falllng duo after ono yoar NET A8SETSI (LIABILITIES) 9.717 6,996 Funde Unrestricted Funds Restricted Funds -608 10,323 3,846 3,150 TOTAL FUNDS 9,717 6,996 Approved by the Trustees and signed on their behalf by win Treasurer cLaughlin gar Altcheson Secretary 30th May 2024
CLOUGHMILLS CULTURAL & HISTORICAL SOCIETY Notes to the Financial Statements for the year ended 31 March 2024 I. ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total Income of the soclety 15 les5 than £250,000 the trustees have elected in arcordance with the provisions in the Charities (Accounts and Reports Regulatlons Nll 2015 to prepare its accounts on a receipts and payments basi5. FUNDACCOUNTING Endowment funds are funds, the capital of which must be retained either permanentlv or at the trustees discretion,. the income derived from the endowment Is to be used elther as restrlcted or unrestrlcted income funds depending on the purpose for which the endowment was established in the flrst place Restricted funds comprSse lal income from the endowments whlch is to be expended only on the restricted purposes intended by the donor and Ibl revenue donations or grants for a speciflc actlvlty intended by the donor. Unrestrirted 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 Funds at Beglnnln8 of the year Recelpts for the year Payments for the year Total Cash Funds at end of the year 6,996 16,223 -13,502 9,717 3. MOVEMENT IN FUNDS At l Aprll Incomlng Outgolng 2023 Resources Resources Transfers At31 Mar 2024 Endowment Funds Restrl¢ted Funds Community Foundation Energia Rep8ir Grant Causeway Coast & Glens Good Relations Grant Halifax Foundation Grant 0423 Ailen Lane Foundation 0723 Community Foundalion 1123 Community Foundation Repair Grant 1223 Awards for All Grant 0324 2650 500 3500 660 1400 iooo 850 160 1400 iooo 2000 3000 5323 2,000 5.323 3,150 12,723 6.560 I,oio 10.323 Unrestrl¢ted Funds General Fund 3.846 3,846 3,500 3,500 6,942 6,942 -I,oio -I,oio -606 -606 Total Funds 6,996 16,223 13,502 9,717