South Armagh Rural Women's Network
Statement of Financial Activities
For the year ended 31 Nlarch 2023
Unrestricted
Funds
Restricted
FLinds
Designated
Funds
Total
Funds
20?3
Total
Funds
202?
INCOLWIING RESOURCES
Activities in furtherance of
the charity's objectives:
Grant reLeivable
Incoine from chariti2ble activities
Activities for gcncration funds
Int¢r¢st r¢Leiv(IblL
Otlier iiicoine
84,366
84,366
787
96,139
2,462
787
1,811
Total income resources
787
84,366
85,153
100,416
RESOURCES EXPENDED
Charitable e¥penditure:
Costs in furtherance of
Chai'itabl¢' ()bjL'cti ves
MaiiagrLinLnt <ind admiiiistratioii
25,847
25,847
29,144
49,621
49,6?1
53,231
Total resources expended
75,468
75,468
82,375
Net incoming resources for the
year
Balance broug7ht fonvard
787
8.898
9,685
18,041
40,664
27,36C))
13,295
4,746)
Bal<ince carried fonvard
4l,45l
18,471)
22,980
13,295
The notes on pages 6 to 9 form an integral part of these financial statements
Page 4

South Armagh Rural Women's Nehvork
Balance sheet
as at 31 l¥larch 2023
2023
2022
Notes
Fixed assets
Tangible assets
Current assets
Cash at bank and in haiid
Prepayinents
3,047
3,809
22,?35
492
22.727
17,559
17,559
Creditors: amounts falling
Due within one y'ear
2,794)
(8,073)
Net current liabilities
19,933
9,486
Total assets less current
liabilities
22,980
13.295
Assetsl(Deficiency of assets)
22,980
13,295
Funds
Unrestricted Fiinds
RLsti'iLttid Funds
41.451
18,471)
40,6C)4
27,369)
Total Funds
2?,980
13,295
The direLtors' stateinents required by Section 475(2) and (3) are shown on the
t"ollowing PdLie which t'onns part of tliis BalanLe Sheet.
The notes on pages 6 to 9 form an integral part of these financial statements
Page S

South Armagh Rural Women's Network
Balance sheet {continued}
Directors. statements required by Section 475(2) and (3)
In appi'ovin&F these financi(il statements as directors of tlie coinpany we hereby
contirm..
a) That t'or the year stated above the Lompany was entitled to the exeinption
cont"erred by Section 477 ot. the Companies Act 2006.
b) That no notice has been deposited at the registered oftice ot" the coinpaiiy
pursuant to Section 476 requestiiig that an audit bc conductcd for the year ended
31 March 2023, and
c) Tliat we acknowledge our responsibilities for..
l) Ensuringl that the coinpany keeps accouiiting record which coillply
with Section 386. aiid
2) Preparin& tinancial stateinents which give a true and fair view of the
state of affairs of. tlie Loinpaiiy as at tlie end ot" tlie tinancial year and of
its profit or loss for the year theii ended in accordaiice with the
requireinents of Section 393 and wliich otherwise coinply witli the
provisions nt. tlie C()Inpaiiies Act 2006 relatin&y to financial statLments,
s() tar as applicdble to the company.
ThLsc accoLints have been prepared in aLeordanLe with the pi'ovisions applicable to
sinall coinpaiiies subject to tlic sinall Lompany's rL&FiinL" and iii acLordanLL' with
FRS102 SORP.
The tiiiancial stateinents were approved by Board on 22 D¢Leinbcr 2023 and sigFned
on its belialt" by
Signcd..
Chairperson
The notes on pages 6 to 9 form an integral part of these financial statements

Page 6
South Armagh Rural Women's Network
Notes to the financial statements
for the year ended 31 ￿[arCh 2023
Accounting policies
l. l. Accounting convention
Tliese accounts have becn prepared under the historical Lost convention
with iteims recognised at cost or transaction value unless otherwise stated in the
relevant notes to these accounts
The financial statements are prepared in accordance with the Stateineiit ot.
ReLominended Practice: Accountings aiid Reporting by Charities prcparingy tlieir
aLcouiits in aLL()rdance with the Fiiiancial RLportiiig> Staiid<ll'd applic(Ible in the
UK aiid Republic ot" Ireland (FRS 10?) (SORP FRS 102).
1.2. Tangible fixed assets and depreciation
Depreciation is provided at rates calculated to write off the cost less residual
value ot. each asset over its expected useful lit'e, as follows.,
Fixtures. fittings
and equipment
25 % reducingi balance
1.3. Government grants
Grants arL crLdited to det.erred revenue. Graiits towards capital expenditure are
releasLd to the protit and loss account ovcr the expeLtLd usL't"ul life ot the assets,
Grant towards rcveniie expenditure are released to tlie pr()fit and loss accouiit as
the related expenditure is incurrcd.
Operating profiLI(loss)
2023
2022
Operating profitl (loss) is stated after chargyjiig:
DLpreLiation and other amouiits writtLn ot. t(ingyible assets
762
952

Page 7
South Armagh Rural Women's Network
Notes to the financial statements
for the year ended 31 ￿larch 2023
.continued
Tangible fixed assets
Fixtures,
fittings and
equipment
Cost
At l April 2022
Additions
At 3 l March 2023
13,951
13,951
Depreciation
At l April ?022
Chai'gre for the ytar
At 31 March 20?3
10,142
762
10,904
Net book values
At l April 2022
At 31 MarLlI 2023
3,809
3.047
Page 8

South Armagh Rural Women's Network
Notes to the financial statements
for the year ended 31 NIarch 2023
.continued
Creditors: amounts falling due
ithin one year
2023
2022
Bank overdraft
Accruals
9?4
1.870
2,794
4,134
3,939
8,073
Funds
2023
2022
Uiirestricted Fiind
Restricted Fuiids
41,451
18,471)
40,664
27,369)
Total Funds
22,980
13,295
Page 9