Charity Registration Number:
103526
Rasharkin Womens Group
Report and Accounts for the Year End:
31 March 2023
Rasharkin Womens Group
Report and Accounts for the Year End: 31 March 2023
Contents
| Page | |
|---|---|
| Trustee’s Report | 1 |
| Independent Examiner’s Report | 2 |
| Funds Statements:- | |
| Receipts & Payments Account | 3 |
| Statement of Assets & Liabilities | 4 |
| Notes to the accounts | 5 |
Rasharkin Womens Group - Trustees Annual Report for the Year Ended 31 March 2023
The Trustees present their report and financial statements for Rasharkin Womens Group for the year ended 31 March 2023.
Public Benefit Statement
The Trustees of Rasharkin Womens Group confirm that they have had due regard for the guidance on Public Benefit by the Charity Commission for Northern Ireland and are pleased to report that during the period the group continued to provide the Public Benefits through the programmes and services we offer. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set.
Public Benefit
The direct benefits which flow from our purpose include enhanced health and wellbeing and access to services and facilities, increased skills and opportunities for rurally isolated women and older people and therefore reduction in social isolation, relief of poverty through provision of affordable and accessible childcare to allow women to seek employment, improved linking and collaboration with other organisations for the benefit of the women of Rasharkin and surrounding area.
The Charity’s beneficiaries are women and older people living in the Rasharkin and surrounding area. Any private benefit is incidental in terms of enhanced health and wellbeing, enhanced skills and knowledge and access to services and facilities to relieve poverty and rural isolation.
Achievements and Performance
During 2022 to 2023 Rasharkin Women’s Group continued to operate as normal. Our After Schools Club opens Monday to Friday 2pm – 6pm for a maximum of 16 children each day. The After Schools Club maintained full capacity with a waiting list of additional children to attend. During summer holidays we are open full days and we can cater for 32 children 16 in the morning and 16 in the afternoon.
The Luncheon Club continues every Wednesday from 12pm to 3pm providing a two course lunch for 25 to 30 people who regularly attend. The club also invites a range of health and wellbeing speakers to deliver sessions each week. This ranges from physical activities, health awareness to Tai Chi and dancing. Before departing participants usually take part in a game of bingo with small prizes on offer. This has been a lifeline for our elderly population who often feel isolated from the community.
In December 2022, the Group purchased 10 sewing machines to help people cope with the cost of living crisis and to enable participants to sew and mend. This was 75% funded by DAERA.
Rasharkin Women's Group is a non-profit making organisation. Total income for the year amounted to £36,702 (2022: £39,676). Income derived from donations and legacies amounted to £30,203 (2022: £22,523) and other income from grant bodies and charitable activities amounted to £6,499 (2022: £17,153).
Total expenditure for the year amounted to £44,579 (2022: £41,983).
The net income for the year amounted to (£7,876), (2022: (£2,307)) with net assets of £21,587 (2022: £29,464) at 31 March 2023. The Trustees consider that the Association is in a satisfactory position to carry on its charitable activities.
Ms Veronica McKinley
Trustee
Page 1
Rasharkin Womens Group
Independent Examiner’s Report to the Trustees of Rasharkin Womens Group
I report on the accounts of Rasharkin Womens Group 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;
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follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act 2008;
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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:
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That accounting records were not kept in accordance with section 63 of the Charities Act.
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That the accounts do not accord with those accounting records.
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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 Chartered Accountant Martinstown Ballymena BT43 7LZ
This report was signed on 22 January 2024
Page 2
31 March 2023
Rasharkin Womens Group
Statement of Receipts & Payments for Year End:
| RECEIPTS RECEIPTS Donations & Legacies Parent fees, Early Years & EFCV Grants Received Revenue grants from government and public bodies DfC Liquidity Grant CFNI Causeway Coast & Glens BC Revenue grants and donations from non public bodies HSCB Playboard Bank of Ireland - Begin Together Rural Community Network CLEAR RCA Income from Charitable Activity Primary Purpose & Ancillary Trading Fundraising Furlough Scheme Other income PAYMENTS Salaries Utilities/Running costs Programme costs Hall hire Accountancy Hospitality Insurances Staff Training Bank fees Miscellaneous 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 £ £ £ £ |
|---|---|
| 30,203 30,203 22,523 5,000 425 425 2,125 1,583 1,583 1,548 450 3,705 792 792 1,800 1,800 1,800 1,699 1,699 839 916 200 200 770 |
|
| 35,485 1,217 36,702 39,676 |
|
| 28,948 28,948 31,091 3,727 3,727 2,912 1,220 2,990 4,210 1,613 1,044 800 1,844 600 360 360 365 3,471 3,471 2,423 1,425 1,425 1,987 48 48 326 326 227 109 109 765 |
|
| 40,677 3,790 44,467 41,983 |
|
| - - - - |
|
| (5,192) (2,573) (7,765) (2,307) |
Page 3
Rasharkin Womens Group
Statement of Assets & Liabilities - Year Ended:
31 March 2023
| FUNDS RECONCILIATION Total Funds brought forward 01.04.22 Surplus / Deficit this Year: Total Funds carried forward 31.03.23 Bank & Cash Balances Bank of Ireland Other Assets (Unrestricted Fund) Liabilities (Unrestricted Fund) TOTAL NET ASSETS |
Current Year Current Year Current Year Prior Year Unrestricted Restricted Total Total Funds Funds Funds Funds 2023 2023 2023 2022 £ £ £ £ |
Current Year Current Year Current Year Prior Year Unrestricted Restricted Total Total Funds Funds Funds Funds 2023 2023 2023 2022 £ £ £ £ |
|---|---|---|
| 15,872 13,592 29,464 31,771 (5,192) (2,573) (7,765) (2,307) |
||
| 10,680 11,019 |
21,699 29,464 |
|
| 21,699 29,464 |
||
| 21,699 29,464 |
||
| - - |
||
| - - |
||
| 21,699 29,464 |
This report was approved by the Trustees on 22 January 2024 and signed on their behalf by:
Ms Veronica McKinley Trustee
Page 4
Rasharkin Womens Group
Notes to the Accounts for the year ended 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.
Page 5