# Charity Commission No: NIC103441 # SPAMOUNT & DISTRICT CROSS-COMMUNITY ASSOCIATION Financial Statements for Year to 31* August 2024 , ## Information ## Bankers: Ulster Bank, 29 Abercorn Square, Strabane, Co Tyrone BT82 8AL ## Office: Spamount & District Cross-Community Association, 9 Mill Lane, Castlederg, County Tyrone, BT817NS ## Accountants: OIC Chartered Accountants 21 O' Donovan Road Culmore Derry BT48 8PS ## Contents **----- Start of picture text -----**
|||| |---|---|---| |Accountants|Report|1| |Statement of Financial Activities for the year ended|31st|2| |August 24| |Balance Sheet as at 31st August 2024|3| |Notes to|accounts|4| **----- End of picture text -----**
## Basis of independent Examiner's Report My examination was carried out in accordance with general Directions given by the Chairperson and Treasurer. My examination includes a review of the accounting records kept by the Association and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view and the report is limited to those matters set out in the statement below. ## independent Examiner's Statement In connection with my examination, no matter has come to my attention (other than that disclosed below’): - (1) which gives me reasonable cause to believe that in any material respect the requirements: - ¢ to keep accounting records in accordance with section 130 of the Charities Act; - to prepare accounts which accord with the accounting records and comply with the accounting - requirements of the Charities Act have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## -Please circle as appropriate **----- Start of picture text -----**
Name Michael Flanagan
Signature “m {AQ Rey ~~ ¢
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Relevant Professional qualification or body Institute of Chartered Accountants in Ireland **----- Start of picture text -----**
Address OIC, Chartered Accountant, 21 O' Donovan
Road, Culmore, Londonderry, BT48 8PS
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Date ## Spamount & District Cross-Community Association ## Statement of Financial Activities for the year ended 31st August 2024 **----- Start of picture text -----**
|||||||||| |---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Total|Total| |Notes|Funds|Funds|2024|2023| |£|£|£|£| |tncoming|resources:| |Association|internally generated|income|1|2,550|-|2,550|4,616| |Activites|for generating fund|2|-|-|-| |Other income|3|9,954|-|9,954|-| |Total incoming resources|12,504|-|12,504|4,616| |Resources|Expended:| |Cost of generating|income|4|1,925|-|1,925|1,704| |Fundraising costs|Ss|-| |Association|activities|6|12,346|-|12,346|9,991| |Rent|.|.|-| |Governance|costs|7|350|-|350|350| |Total|resourees expended|14,621|-|14,621|12,045| |Net movement|In funds before transfers|.|2,116|0|-|2,116|-|7A29| |Transfers|:|i| |Net movement|in funds after transfers|-|2,116|i)|:|2116|-|7A29| |Total funds brought forward|at 01/09/2021|277,385|:|277,385|284,814| |Total funds carried forward|at|275,268|-|275,268|277,385| **----- End of picture text -----**
Spamount & District Cross-Community ## Association ## Balance Sheet as at 31st August 2024 **----- Start of picture text -----**
||||||||| |---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Total|Total| |Funds|Funds|2024|2023| |Notes|£|£|£|£| |Fixed|Assets| |Plant &|Equipment|8|2,323|-|2,323|3,195| |Land &|buildings|268,637|-|268,637|274,480| |270,960|:|270,960|277,675| |Current|Assets| |Debtors|-|-|-| |Cash|in|hand|-|-|-| |Cash|at bank|5,008|-|5,008|510| |5,008|>|5,008|510| |Creditors| |Amounts|falling due within one year|700|,|700|800| |Net Current Assets|4,308|-|4308|-|280| |Total Assets|less Current|Liabilities|275,268|-|275,268|277,388| |Creditors| |Amounts|falling due|after more than|one year|-|-|tt]|ti)| |Net Assets|275,268|-|275,268|277,385| |The Funds of the Charity| |Unrestricted|funds|275,268|-|275,268|277,385| |Restricted|funds|-|-|-|-| |Total|Charity Funds|275,268|:|275,268|277,385| **----- End of picture text -----**
Approved by the Association members on 2025 and signed on their behalf by: Director Director MRS K CATTERSON MRS J McMenamin ## 1. Association internally generated income |||Unrestricted||Restricted|2024|2023| |---|---|---|---|---|---|---| |||Funds||Funds|Total|Total| |||£||£|£|£| |Shed hire||2,550||-|2,550|4,250| |Hall hire||||-|-|-| |Miscellaneous income||9,954|||9,954|366| |||12,504||0|12,504|4,616| |04.Costs ofgeneratingFunds||||||| |||Unrestricted||Restricted|2024|2023| |||Funds||Funds|Total|Total| ||;|a:||£|£|£| |Bankcharges||20|.|-|20|17| |Repairs||||-|-|-| |Insurance||1,905||-|1,905|1,687| |||1,925||-|1,925|1,704| |06.Association activities||||||| |||Unrestricted||Restricted|2024|2023| |||Funds||Funds|Total|Total| |||£||£|£|£| |Depreciation||6,715||0|6,715|6,715| |Runningcosts||5,631||0|5,631|3,276| |||12,346||-|12,346|9,991| |07.Governancecosts||||||| |||Unrestricted||Restricted|2024|2023| |||Funds||Funds|Total|Total| |||£||£|£|£| |Professional fees||350||-|350|350| |||350||-|350|350| **----- Start of picture text -----**
8. Tangible assets
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Freehold Fixtures 2024
Land & Fittings & Office
Buildings Equipment Equipment Total
Cost or valuation: £ £ £ £
At 1Sept 2023 395,272 16,230 - 411,502
Office equipment adjustment - - . [0] 0
Additions - - - -
Disposal - - - -
At 31 August 2024 395,272 16,230 : 411,502
Depreciation:
At 1Sept 2023 120,792 13,035 - 133,827
Charge for year 5,843 872 - 6,715
Office equipment adjustment - - - (t)
At 31 August 2024 126,635 13,307 - 140,542
Net book value:
At 31 August 2024 268,637 2,323 - 270,360
At 31 August 2023 274,480 3,195 - 277,675
9. Creditors less than 1 year 2024 2023
Accounting fees 700 800
: - 700 800
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