Charity Registration Number: 103417
Broughshane Improvement Committee Report and Accounts for the Year End:
31 March 2023
Broughshane Improvement Committee
Report and Accounts for the Year End 31 March 2023
Contents
| Page | |
|---|---|
| Independent Examiner’s Report | 1 |
| Funds Statements:- | |
| Receipts & Payments Account | 2 |
| Statement of Assets & Liabilities | 3 |
| Notes to the accounts | 4 |
Broughshane Improvement Committee
Independent Examiner’s Report to the Trustees of Broughshane Improvement Committee
I report on the accounts of Broughshane Improvement Committee for the year ended 31 March 2023, which are set out on pages 2 to 4.
Respective Responsibilities of the Trustees and Examiner
As the Charity’s Trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to:
-
examine the accounts under section 65 of the Charities Act 2008;
-
follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act 2008;
-
state whether particular matters have come to my attention.
Basis of Independent Examiner’s report
I have examined your Charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act.
My examination included a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Charity Trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
-
That accounting records were not kept in accordance with section 63 of the Charities Act.
-
That the accounts do not accord with those accounting records.
-
That the accounts do not comply with the accounting requirements of the Charities Act.
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That there is further information needed for a proper understanding of the accounts to be reached.
Independent Examiner’s Statement
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the directions of the Charity Commission for Northern Ireland; I have found no matters that require drawing to your attention.
KHA Higgins FCA
9 Knockanully Road Martinstown Ballymena BT43 7LZ
This report was signed on 06 July 2023
Page 1
Broughshane Improvement Committee
Statement of Receipts & Payments for Year End:
31 March 2023
| Note RECEIPTS Donations & Legacies Donations and gifts from individuals 2 Charitable Activities: Mea Environmental Grant CFNI Rathsherry Grant DEARA Grant (2 grants) Black Santa Appeal Village Garden Ltd Fundraising Sale of Flowers Miscellaneous PAYMENTS Planting Schemes Maintenance & Repairs Insurance Machinery, Van & Fuel Equipment & Fittings Accountancy Fees Fees & Subscriptions Bank Fees & Interest Sundry Expenditure Asset / Investment Purchases Surplus / (Deficit) for the Year |
Current Year Current Year Current Year Prior Year Unrestricted Restricted Total Total Funds Funds Funds Funds 2023 2023 2023 2022 £ £ £ £ |
|---|---|
| 10,195 10,195 6,290 912 3,000 3,000 3,000 2,249 2,249 1,000 1,000 600 654 654 285 285 7,152 70 70 370 372 372 560 |
|
| 11,921 5,902 17,824 18,885 |
|
| 393 3,687 4,080 12,229 3,321 3,321 5,061 800 800 798 1,364 1,364 1,283 2,050 2,050 400 400 260 70 70 215 215 138 342 342 515 |
|
| 6,905 5,737 12,642 20,285 |
|
| - - - - |
|
| 5,017 165 5,182 (1,400) |
Page 2
Broughshane Improvement Committee
31 March 2023
Statement of Assets & Liabilities - Year End:
| FUNDS RECONCILIATION | Current Year | Current Year | Current Year | Prior Year |
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | Funds | Funds | |
| 2023 | 2023 | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Total Funds brought forward 01.04.22 | (3,386) | 5,955 | 2,569 | 3,970 |
| Surplus / Deficit this Year: | 5,017 | 165 | 5,182 | (1,400) |
| Total Funds carried forward 31.03.23 | 1,631 | 6,120 | 7,751 | 2,569 |
| Bank & Cash Balances | ||||
| Danske Bank Current Account | 7,709 | 2,318 | ||
| 7,709 | 2,318 | |||
| Other Assets (Unrestricted Fund) | ||||
| VAT reclaim | 42 | 252 | ||
| 42 | 252 | |||
| Liabilities (Unrestricted Fund) | - | - | ||
| TOTAL NET ASSETS | 7,751 | 2,569 |
This report was approved by the Trustees on 06 July 2023 and signed on their behalf by:
Mrs Betty Millar Treasurer
Page 3
Broughshane Improvement Committee
Notes to the Accounts for the Year End:
31 March 2023
1 Accounting policies
Policies relating to the production of the Accounts.
Basis of preparation and accounting convention
The Accounts have been prepared on the receipts and payments basis, under the historical cost convention, and in accordance with The Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 which are applicable to the financial years of registered charities beginning on or after 1 January 2016 or their date of registration with The Charity Commission for Northern Ireland.
Going Concern
The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the Trustees, after reviewing the financial forecasts for future periods, are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters, the Trustees are not aware of any material uncertainites about the charity's ability to continue as a going concern.
Fund Accounting
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.
Liability to taxation
The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received.
Winding up or dissolution of the charity
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
2 Donations and Gifts from Individuals
| m Individuals BDCA Donation_(from joint funding applications)_ Mr & Mrs McNeill Mr Andy Dickey Braid Vintage Vlub Mr & Mrs L Fenton Mr & Mrs P Millar Mrs Maisie Purdy Ms Mary Smyth Noreen Eakin Gospel Hall Maghera Club Mid Antrim Mens' Group Anonymous donation |
£ |
| 7,100 1,000 100 1,080 200 100 100 40 50 200 80 100 45 |
|
| 10,195 |
Page 4