ARDCLASS FESTIVAL ASSOCIATION
RECEIFfs AND PAYMENTS ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
2024
Unrestricted
Fund
2023
Unrestricted
Fund
Notes
RECEIPTS FROM
Unrestricted grant
Donations and Legacies
Investment income
Other trading activities
27,123
10,446
2,560
9,893
7,799
Total
45J68
21,002
PAYMENTS ON
Raising funds
. Charttable activities
Charitable
31,956
20231
Total
31,956
20231
EXCESS OF RECEIPTS OVER PAYMENTS
13,412
771
Bank current accounts I September
5,581
4,810
BANK CURRENT ACCOUNfs 31 AUGUST
18,993
5,581
The notes form part of these financial statements

ARDGLASS FESTIVAL ASSOCIATION
STATEMENT OF ASSETS AND LIABILITIES
AT 31 AUGUST 2024
2024
Unrestricted
Fund
2023
Unrestricted
Fund
CASH FUNDS
Bank current accounts
Cash account
18,993
5,581
TOTAL FUNDS
18,993
5,581
The fmancial statements were approved by the Board of Trustees on 18106r2025 and were signed on its behalf by:
John Beattie
Trustee
Christopher Feenan
Trustee
The notes forni part of these f]nancial statements

ARDGLASS FESTIVAL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity. have been prepared in accordance with
the Charities Act (Northern Ireland) 2008 using the Receipts and Payments basis.
T3xation
The charity is exempt from t&x on tts charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted fijnds can only be used for particular restricted purposes within the objects of the charity. Restrictions
atise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
OTHER TRADING AcfIvITIES
2024
2023
Fundraising
Fundraising events
8,549
8,549
INVESTMENT INCOME
2024
2023
Deposit account interest

ARDCLASS FESTIVAL ASSOCIATION
DETAILED STATEMENT OF RECEiYfs AND PAYMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
2024
2023
RECEIPTS
Grants re¢eived
National Lottery
Newry Mourne & Down District Council
Community Foundation Grant
County Down Rural Community Network
20,OIM
6J85
400
338
1,700
860
Donations and legacies
Donations
10,446
9,893
Other trading activities
Fundraising events
7,799
8549
Investment income
Deposit account interest
Total incoming resources
45J68
21,002
PAYMENTS
Charitable aetivities
Prizes
370
360
Support costs
Management
Professional Fees
EquipTnent
Electricity
Sundries
Postage, Printing and stationery
Catering
Hire of equipment
480
1.012
2,091
24,582
13,832
Publicity & promotions
InsuTance
4,622
890
3,078
865
31J86
Total resources expended
31,956
20231
Net in¢omel{expeDditure}
13,412
771
This page does not forn) part of the statutory fmancial statements
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