Charity No.. 103429 Donaghmore District Community Association Financial Statements for the year ended 31 March 2024 Brian Robinson Accountancy Ltd Chartered Accountant 30 Main Street Castlecaulfield Dungannon Co Tyrone BT70 3NP
Donaghmore DRstrict Communlty AssoeiAtion Contents Page Accountants, report Income and Expenditure Account Balance sheet Notes to the accounts
Donaghmore District Community Association Accountants, Report on the Unaudited Accounts to Donaghmore District Community Association As described on page 3 the board has approved the Income and Expenditure Account and Balance Sheet for the year ended 31 March 2024 set out on pages 2 to 5. In accordance with the board's instructions we have compiled these unaudited accounts from tbe accounting records and information and explanations supplied to us. an Robinson Accountancy Ltd Chartered Accountant 30 Main Street Castlecaulfield Dungannon Co Tyrone BT70 3NP 24 May 2024 Page I
Donaghmore Dlstrlet Community Asso¢lation Income and Expenditure Account for the year ended 31 March 2024 2024 2023 Income Gym Membership Gym Casual Sports Hall Room Hire Income from classes Camps Other Income School Coaching Water sales 4G Pitch tncome Ofgem NI & Action Renewables Dungannon Council Ballk interest rèceived Donations and t income received 14,459 4,203 7,902 24,770 46,830 4,049 8,620 6,184 588 2,204 5,686 9,529 14,651 40,495 14,561 5.851 9.343 22.550 40,537 3,210 6,190 457 849 5.869 4,080 3,158 61,834 190,170 178,489 Expenditure Wages and salaries Class Instnictors Accreditation costs and staff training Water Rates Insurance Light and heat Repairs and maintenance Provisions and consLllnables Printing, postage and stationery 30.030 29,636 725 1,975 16,833 30,958 3,105 2,360 854 32,906 23,065 820 1,770 9,957 37,639 l7,487 4,025 1,077 kl I Advertising & promotion Telephone and internet Computer and Wcbsit¢ costs Equiptllent leasing Bank charges Sundry expenses Charitable donations - other Sports Equipment & events Capital grant amortisatloll Amortisation on long leasehold Depreciation on FF & Equipment 1,902 1,470 1,377 11,592 1,813 980 2,175 2,998 (25,688) 43,290 4,364 581 871 864 2,029 1,878 2,150 (26,045) 43,290 5,455 (162,749) (159,819) Current Year Surplus 27,421 18,670 Page 2
Donaghmore District Community Association Balance sheet as at 31 March 2024 2024 2023 Notes Fixed fdssets Tangible assets 1,617,133 1,664,787 Current assets Debtors Cash at bank and in hand 222,742 541,836 255,690 345,819 764,578 601,509 Current liabilities (note 4) Other creditors Accruals 114,894 4,325 5,537 119,219 5,537 Net current assets 645,359 595,972 Total assets less current liabilities 2,262,492 2,260,759 Long-terni liabilities (924,581} (950,269) Net assets 1,337,911 1,310,490 Capital account Brought forward at l April 2023 Current Year Surplus 1,310,490 27,421 1,291,820 18,670 1,337,911 1,310,490 We approve these accounts and confmn that we have made available all relevant records and inforLnation for their preparation. Sie on behalf of the board by. Darren Torres DDCA Chairperson Date: 24th May 2024 Page 3
Donaghmore District Community Association Notes to the Accounts for the year ended 31 March 2024 Accounting policies 1.1. Aeeounting convention The accounts are prq)ared under the historical cost convention modified when necessary to include the revaluation of certain fixed asscts. 1.2. Income Income represents all activity generated income and revenue grants receivcd during the year. 1.3. Tangible fixed assets and depreciation Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each asset over its expected useful life, as follows: Leasehold properties Fixtures, fittings and quipment Straight Line over the life of the lease 20 % R¢ducing Balance Tangible assets Land and buildings leasehoId Equfipment Total Cost At l April 2023 2,164,566 175,077 2,339,643 At 31 March 2024 2,164,566 175,077 2,339,643 Depreciation At l April 2023 Charge for the year 521,600 43,290 153,256 4,364 674,856 47,654 At 31 March 2024 564,890 157,620 722,510 INet book Values At 31 March 2024 1,599,676 17,457 1,617,133 At 31 March 2023 1,642,966 21,821 1,664,787 Debtors 2024 2023 Other debtors Prepaellt8 and accrued income 213,310 9,432 253,310 2,380 222,742 255,690 Page 4
Donaghmore Dlstrict Community Association Notes to the accounts for the year ended 31 Mv4rch 2024 Current liabilities 2024 2023 Other cr¢ditors Accruals and defe¢d income 114,894 4,325 5,537 119,219 5,537 Long-term liabilities 2024 2023 Capital Grants and Loans 924,581 950,269 Page 5