## **Larchfield Community Development Association**
## **Receipts and Payments Account for the year ending 31st August 2023**
|**Receipts**
Membership Fees
Community Festival receipts
**5**
Receipts from other events
Grants
**6**
Donations for charity
**7**
Fund Raising event
**Total Receipts**
**Payments**
Administration Costs
Insurance
Community Festival expenses
**5**
Events & programme
**8**
Work in hall
**9**
Bank Fees
Independent Examination
Equipment costs
**10**
Training Costs
**11**
Rent
Donations to charity
**7**
Fund Raising expenses
**Total Payments**
**Excess of Receipts over Payments for**
**the year before Transfers**
**Transfers**
**Excess of Receipts over Payments for**
**the year**
**Balance Brought Forward at 1st Sep. 2021**
**Balance Carried Forward 31st August 2022**|**Unrestricted**
**Restricted**
**TOTAL FUNDS**
**Funds**
**Funds**
**2022-23**
**2021-22**
470.00
0.00
470.00
470.00
444.96
0.00
444.96
0.00
2,233.00
0.00
2,233.00
1,679.00
0.00
10,683.39
10,683.39
12,450.00
0.00
2,173.00
2,173.00
2,258.61
1,230.10
0.00
1,230.10
0.00|
|---|---|
||**4,378.06**
**12,856.39**
**17,234.45**
**16,857.61**|
||358.00
571.40
929.40
687.46
0.00
542.65
542.65
720.00
1,077.90
3,404.00
4,481.90
96.00
2,057.72
4,619.14
6,676.86
4,917.68
0.00
1,000.00
1,000.00
892.00
114.78
0.00
114.78
59.82
0.00
300.00
300.00
300.00
125.01
708.39
833.40
0.00
185.00
600.00
785.00
0.00
0.00
1,275.00
1,275.00
1,025.00
202.00
2,048.00
2,250.00
2,300.00
257.00
0.00
257.00
0.00|
||**4,377.41**
**15,068.58**
**19,445.99**
**10,997.96**|
||0.65
-2,212.19
-2,211.54
5,859.65
0.00
0.00
0.00
0.00
0.65
-2,212.19
-2,211.54
5,859.65
7,231.14
8,439.70
15,670.84
9,811.19|
||**7,231.79**
**6,227.51**
**13,459.30**
**15,670.84**|
_**Registered with the Charity Commission for Northern Ireland NIC 103278**_
7
Larchfield Communlty Development Association
Statement of Assets and Liabilities as at 31st August 2023
Unrestrlcted Restricted
TcyfAL FUNDS
Funds
Funds
2022-23 2021-22
Cash Funds
No l Account
No 2 Account
6,742.62
489. 17
438.00
5.789.51
7.180.62
6.278.68
6,520.64
9,150.20
Total Cash Funds
7.231.79
6,227.51 13.459.30 15,670.84
Investment Assets
Equity Investments
Other Listed investm ents
Other Unlisted Investments
Investment Properties
0.00
0.00
0.00
0.00
0.00
Total Investment Assets
Signed on behalf of the Trustees
Brian Mccallister Jnr
Chalrman
Valerie Harron
Hon Treasurer
Date
)L
Regthred with the Chorlty Commisslonfvr Northern Ireland AIIC103278
## **Larchfield Community Development Association**
## **Notes to the financial statements for the year ended 31[st] August 2023**
## **1. Accounting policies**
Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities
## **(a) Receipts and Payments Account**
All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis.
## (b) **Statement of Assets and Liabilities**
## **(i)** _**Assets retained for the Association’s own use**_
While the Association has in recent years purchased some items of equipment, resale value would be minimal therefore these have not been recorded as assets in the accounts
## **(ii) Investments**
The Association has no investments
## **2. Transactions with the Trustees**
Five trustees/connected persons received re-imbursement of expenses totaling £3,651.61.
Throughout the year there were payments to Legacurry Ladies Committee usually for catering at events and to Legacurry Hall Management Committee for hire of premises and equipment for events. Some of the Association Trustees/committee members are also committee members of either the Ladies Committee or Hall Management Committee.
## **3. Governance Costs**
The Association had governance costs of £300.00 during 2022-23
## **4. Explanatory notes to the Funds**
Unrestricted Funds – General Funds which the Trustees are able to spend for the general use of the Association. Restricted Funds – Monies received from grant-aid bodies to be spent on specific projects/events and also monies received directly for charity donations.
## **5. Community Festival (Rally) Receipts/Payments**
Due to the passing of Queen Elizabeth II the September 2022 event was postponed. A replacement event was held in October however with a reduced programme given the later time of year and other events the same weekend.
## **6. Grants Received**
|**6. Grants Received**|||||
|---|---|---|---|---|
||**Brought**|**Received**|**Spent**|**Carried Fwd**|
||**Forward**|**in 2022-23**|**in 2022-23**|**to 2023-24**|
|LCCC Community Support 2022-23|£2722.70|Nil|£2722.70|Nil|
|LCCC Community Support 2023-24|Nil|£4455|£1922.54|£2532.46|
|Arnold Clark Trust|£2000|Nil|£1542.95|£457.05|
|LCCC Kings Coronation Grant|Nil|£500|£500|Nil|
|LCCC Community Festival Fund|£3404|£2800|£3404|£2800|
|LCCC Community Hardship Fund|Nil|£1720|£1720|Nil|
|Enkalon Foundation|Nil|£500|£500|Nil|
|DAERA Rural Micro Capital Grant|Nil|£708.39|£708.39|Nil|
|**Total**|**£8126.70**|**£10683.39**|**£13020.58**|**£5789.51**|
Expenditure of grant monies often takes place over two LCDA financial years.
## **7. Donations for Charity**
_**Registered with the Charity Commission for Northern Ireland NIC 103278**_
9
£313 was brought forward from previous year for our 2022 charity. A further £1,735 was collected for the 2022 charity from various events and from donations. £2,050 was presented to NIPANC, the Northern Ireland Pancreatic Cancer charity. £2 from Unrestricted Funds. £438 has been carried forward in the accounts for the 2023 charity. £200 from Unrestricted Funds was donated to a further two cancer charities in memory of an Association member and of a supporter.
**Notes to the financial statements for the year ended 31[st] August 2023 (Cont’d)**
## **8. Events and Programme**
2022-23 expenditure relates to general activities including Christmas Party, Seniors and Volunteer Recognition event, Hampers for Association members and members of the community courtesy of the LCCC Hardship Fund, materials for the gardening club, Coronation celebration BBQ event and an outing and meal again for Association members and volunteers and members of the community.
## **9. Work in hall**
£1000 was donated to the Hall Management committee towards the painting of the hall and railings.
## **10. Equipment costs**
Ten new lightweight tables were purchased with an 85% grant from the DAERA Rural Micro Capital Grant.
## **11. Training**
We obtained a £500 grant from the Enkalon Foundation which enabled us to run a Level 2 Award in Food Safety and Catering. The expenses included training fee, use of facilities and refreshments for two evenings.
_**Registered with the Charity Commission for Northern Ireland NIC 103278**_
10