Charity registration number- XT30207 North Belfast Harriers Annual Report and Financial Statements for the Year Ended 31 January 2023
North Belfast Harriers Contents Reference and Administrative Details Trustees, Report Accountants, Report ._....._____..___.....__....______..__........__.__..___.. Statement of financial activities Balance Sheet Notes to the financial statements 6tolO The following pages do not forn] part of the statutory financial statements: Ststement of financial activities per fund llto12
North Belfast Harriers Reference and Administrative Details Charity nAme North Belfast Harriers Charity registration number XT30207 Principal office 14 Oldpark Terrace Belfagt BT14 6NN Registered office 14 Oldpark Terrace Belfast BT14 6NN Trustees M Stephens, Chairperson G Mcclure. Treasurer D Rainey. Secretary P Mecambrldge (resigned 27 March 2022) D Taylor P Carlin (resigned 30 November 2022) S Mccann T Atkinson (appointed 27 March 2022) (resigned 31 August 2022) Bankers DaDske Bank Abbeycentre Longwood Road Newtowiabbey Co Antrim BT37 9UH Accountant DT Carson & Co. 51- 53 Thomas Street Ballymena Co. Antrim BT43 6AZ Page I
North Belfast Harriers Trustees, Report The trustees preseiit their annual report and the unaudited fii)ancial statements for the year ended 31 January 2023. Trustees The trustees during the year were as follows M Stephens, Chairperson P M¢Cambridge (resigned 27 March 2022) G Mcclure D Rainey D Taylor P Carlin (resigned 30 November 2022) S Mccann T Akinson (appointed 27 March 2022, resigned 31 August 2022) Aims and objeetives The aims and objectives of the club are. To promote the health and well-being of the local community of Belfast through participation in athletics. To promote personal health and esteem through health awareness education and participation in athletics to the local population of Belfast. To promote athletics locally as an amateur sport to the local population of North Belfast. The club is in the process of writing a new Development Plan whieh will guide the club over the next three years, the key item will be in¢rea5ed activity in community programmes engaging both juniors and seniors. Approved by the Trustees on 29 March 2023 and signed on their behalf by: G Mcclure Trustee Page 2
Chartered Accountants, Report to the Trustees on the Unaudited Financial Information of North Belfast Harriers In order to assist you to fulfil your duties, we have compiled the financial statements of the charity which comprise the Statement of Financial Activities, and the related notes from the accounting records and inforniation and explanations you have given to us. As a praetising member fimi of the Inslitute of Chartered Accountants in Ireland (ICAI), we are subject to its ethical and other professional requirements. This report is made to the Charity's Board of Trustees, as a body. Our work hxs been undertaken so that we might compile the financial statements, report to the Charity's Board of Trustees that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent pennitted by law, we do not accept or assume responsibility to anyone other than the Charity and the Charlty's Board of Trustees, as a body, for our work or for this report. We have carried out this engagement in accordance with technical guidance issued by the Institute of Chartered Accountants in Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of fjnancial statements. You have acknowledged on the balance sheet as at 31 January 2023 your duty to ensure that the charity has kept proper accounting records and to prepare financial Statements that give a true and fair view. You consider that the charity is exempt from the statutory requirement for an audit for the year. We have not been instructed to carry out an audit of the financial statements. For this aSOn, we have not verified the acGuracy or completeness of the accounting records or inforniation and explanations you have given to us and we do noL therefore, express any opinion on the financial statements. 51- 53 Thomas Street Ballymena Co. Antrim BT43 6AZ DT Carson & Co. Chartered Accountants 29 March 2023 Page 3
North Belfast Harriers Statement of Financial Activities for the Year Ended 31 January 2023 Unrestricted Funds Restricted Funds Tot21 Funds 2023 Total Funds 2022 Note Incoming resources Incoming resources from charitable activities Total incoming resources 40,849 40,849 40.849 40.849 30.572 30,572 Resouree5 expeDded Charitable activities TotaI resources expended 32,734 32,734 32,734 32.734 26.881 26.881 Net movements in funds 8,115 8,115 3,691 Reconciliation of funds Totsl funds brought forward Total funds carried fonvard 151,309 159,424 96 96 151,405 159,520 147,715 151.406 The notes on pages 6 to l O form an integral part of these financial statements. Page 4
Iyorth Belfast Harriers Balance Sheet as at 31 January 2023 2023 2022 Note Fixed assets Tangible assets 3.615 4,820 Current as$¢ts Stocks and work in progress Cash at bank and in hand 5,470 151,360 156,830 5,940 141,000 146,940 Creditors: Amounts falling due within one year (925) (354) Net current assets 155,905 146,586 Net s$$ets 159.520 151,406 The fund5 of the charity: Restricted funds 96 96 UDrestricted funds Unrestricted income funds 159,424 151.310 Total tharity funds 159,520 151,406 The financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). Approved by the Board on 29 March 2023 and signed on its behalf by: G Mcclure TN5tee The notes on pages 6 to 10 fonn an integral part of these financial statements. Page 5
North Belfast Harriers Notes to the Financial Statements for the Year Ended 31 January 2023 Aeeounting polities Basis of prepargtion The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities (SORP 2005),, issued in March 2005, the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Charities Act 2011. Fund accounting policy Unrestricted income ndS are general funds that are available for use at the twstees, discretion in furtherance of the objectives of the charity. Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Further details of each fund are disclosed in note 10. Incoming resources Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract or where entitlement to grant funding is subject to specifi¢ performance conditions. Grant income included in this eategory provides funding to support programme activities and 15 recognised where there is entitlement. Certainty of receipt and the amount can be measured with suificient reliability. Resources expended Liabilities are recoEnised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Charitable expenditure comprises those costs incurred by the charity tn thc delivery of its activities and service5 for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Fixed assets Individual fixed assets costing £0 or more are initially recorded at C05t. Depreciation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation. less any estimated residual value, over their expected useful economic life as follows.. Plant and machinery 200/0 straight line basis Stock Stock is valued Mt the lower of cost and net realisable value, after due regard for ob501ete and slow moving stocks. Net realisable value is based on selliiig price less anticipated ¢ost5 to completion and selling costs. Itsms donated for resale or distribution are not included in the financial statements until they are sold or distributed. Page 6
North Belfast Harriers Notes to the Financial Statements for the Year Ended 31 January 2023 onlinued Grants receivable Unrestricted Funds Restrieted Funds Total Funds 2023 Total Funds 2022 Grants 668 668 14,227 Incoming resources from eharitable activities Unrestricted Funds Restricted Funds Total Funds 2023 Total Funds 2022 Charitable Aetivity Sponsorship Donations Grants Membership dues Clothing sales Members fitness classes Race entries Sundry income Use of hall Jog Belfast Interc5t on cash deposits 2.255 2,255 20 14,227 6,060 1,507 668 18,165 1.107 loo 10.348 1.246 945 6,000 15 40,849 668 18,165 1,107 loo 10.348 1.246 945 6,000 15 40,849 (119) 260 220 8.300 97 30,572 Page 7
North Belfast Harriers Notes to the Financial Statements for the Year Ended 31 January 2023 . conlinued Totsl resources expended Charitable activtty Total Direct costs Opening stock Closing stock Training courses Facilities Hire Water rates Light, heat and power Insurance Repairs and maintenance Marketing 5.940 (5,470) 1.163 9,893 617 2.703 1,423 1.790 381 5,940 (5,470) 1.163 9.893 617 2.703 1,423 1,790 381 L ]1 Computer software and maintenance costs Athlete Registration Travel Laganside Race expenses 125th Birthday expenses Bank charges Depreciation of plant and machinery 331 1,147 1,507 7,095 1,658 232 1.119 1,205 32,734 331 1,147 1.507 7,095 1,658 232 1.119 1,205 32.734 Trustees, remuneration And expenses No trnstees received any remuneration during the year. Net incoming resources Net incomTng resources is stated after charging: 2023 2022 Depciation of tsngible fixed assets 1.205 1,205 Page 8
North Belfast Harriers Notes to the Financial Statements for the Year Ended 31 January 2023 continued Tangible fixed assets Fixtures. rittings and equipment Cost As at l February 2022 and 31 January 2023 6.025 Depreciation As at l February 2022 Charge for the year As at 31 January 2023 1,205 1.205 2.410 Net book value As at 31 January 2023 As at 31 January 2022 3,615 4.820 Creditors: Amounts falling due within one year 2023 2022 Accruals and deferred income 925 354 Page 9
North Belfast Harriers Notes to the Financial Statements for the Year Ended 31 January 2023 . COP71inued Related parties Controlling entity The charity is controlled by the trustees. 10 Analysis of funds Atl February 2022 At31 January 2023 Incoming resourees Resources expended General Funds Unrestricted income fund 151,309 40,849 (32,734) 159.424 Restricted Funds Jog Belfast 96 96 151.405 40.849 (32,734) 159.520 11 Net assets by fund Unr¢strict¢d Fund5 Totsl Funds 2023 Total Funds 2022 Tangible assets Current assets Creditors: Amounts falling due within one year Net assets 3.615 156,830 (925) 159,520 3.615 156.830 (925) 159.520 4,820 146.940 (354) 151.406 Page 10
North Belfast Harriers Statement of financial activities by fund Year Ended 31 January 2023 Unrestrieted Unrestrieted ineome fund income fund 2023 2022 Ineoming resources Incoming resources from charithble activities Total incoming resources 40.849 40,849 30.572 30,572 Resources expended Charitable activities Total resources expended 32.734 32.734 26,881 26.881 Net movements in funds 8,115 3.691 Reconciliation of funds Total funds brought forward Total funds carried forward 151,309 159,424 147,619 151,310 This page does not form part of the statutory financial statements. Pagell
North Belfast Harriers Statement of financial activities by fund Year Ended 31 January 2023 COP7tinued Jog Belfast 2023 Jog Belfast 2022 Net movements in funds Reconciliation of funds Totsl funds brought forward Total funds ¢arried forward 96 96 96 96 Thi5 page does not fomi part of the statutory financial statements. Page 12