South Armagh Rural Nfv'omen's NL etivork
Statenient of Financial Activities
For the J'ear ended 31 Nlarch 2023
Uni-estriLted
Funds
Resli"iLted
Fund
Dcsigiiated
Fuiids
Total
FLiiids
20?3
Total
FLiiids
INCOfvIING RESOURCES
Activities in furtherance of
the charity's objectives:
Grant receivable
Incoine froin cliaritable activities
Activities for generation funds
IntLrest receivab le
Otlier income
84.366
84,366
787
96,139
?,46?
787
1,811
Total income resources
787
84,366
85,153
100,416
RESOURCES EXPENDED
Charitable expenditure:
Costs in furthLrance of
Charitable objectives
MdiiagFeinent and adininistration
25,847
25.847
?9,144
49,6? I
49,621
51,59?
Total resources expended
75.468
75.468
80,736
Net incoming resources for the
year
Balance brought forward
787
8,898
9,685
19,680
40,664
?5,730)
14,934
4,746)
Balance carried forward
41,451
16,832)
24,619
l4,934
The notes on pages 6 to 9 form integral part of these financial statements
Page 4

South Armagh Rural Women's Network
Balance sheet
as at 31 March 2023
2023
2022
Notes
Fixed assets
Taiigible assets
Current assets
Cash at bank and in hand
Prepayineiit
3,047
3,809
22.235
492
22,727
17,559
17,559
Creditors: amounts falling
Due within one year
2,794
(6,434)
Net current liabilities
19,933
11,125
Total assets less current
liabilities
22,980
14,934
Assetsl(Deficiency of assets)
22,980
14,934
Funds
UnrLstriLted Fuiids
RestriLted Funds
41,451
16,832
40,664
25,730)
Total Funds
24.619
14.934
The directors statements required by Section 475(2) and (3) are shown on the
f'ollowin& page which forms part ot" this Balance Sheet,
The notes on pages 6 to 9 form an integral part of these financial statements
Page 5

South Armatsh Riiral Nl'omen's Nehvork
Balance sheet (continued)
Directors. statements required by Section 47)(2) and (3)
Iii c2pprow.ing these tinancial stateineiits as directors Ot. the compaiiy we herebj,
coil tinii..
a) That for tEie year staled above tlie coinpcllly was entitlecl to the exeinption
conteii'ed by Section 477 ot the Coinpaiiies Act ?006.
b) That no iiotice has been deposited at tlie registered otfice ot" the coinpany
pursLiant to Section 476 reqiiesting tliat ali audit be coiiducted foi. tlie year eii(led
31 Marcli ?023, and
c) That we acknowledge our respoiisibilities for:
l) EnsiLring that tlie company keeps accounting recoi'd which coinply
with SeLtion 386; and
?) Pi'epariiig tinaiicial statemeiils which give a tnie and fair view of tlie
state of att'airs ot the coinp<iny as at the end ot" the tiiiancial year and ot
its profit or loss t.or the year then endLd in aLcord<1ncc with the
requii'eineiits ot. SL'ction 393 and which otlienvise coinply with the
provisions ot tlie Coinpaiiies Act 2006 rcldting to tinanLial stateimenls,
so far as appliLiible to the company.
Thetse accoiints h<lve been prep¢ired in accordance witli tlie provisions appliLable lo
sinall coinpanies subject to tlie sinall coinpany's regiine and in accordaiice willi
FRSIO? SORP.
The tinclncial statements were approved by Board on 22 Dectimber 2023 and signed
on its belial t" by
S igiied..
Chairperson
The notes on pages 6 to 9 form an kntegral part of these financial statements

Page 6
South Armagh Rural Women's Network
Notes to the financial statements
for the year ended 31 March 2023
Accounting policies
1.1. Accounting convention
Thcsc accounts have been prepared under the historical cost convcntion
with items recognised at cost or transaction value unless Othenvise stated in the
relevant notes to these accounts
The tinancial stateinents are prepared in aLLordaiice with the Stateinent of"
ReLoininended Practice: AcLountin¥ and Reportins by Charities preparing their
acLoiints in aLLordaiiLe with tlie FinanLial Reportiiigy Staiidard applicable in the
UK and Republic ot, Ir¢land (FRS 102) (SORP FRS 102).
1.2. Tangible fixed assets and depreciation
DeprLLiation is providL'd at rates calculated to write otl'the cost less residual
value of each asset over its expected useful lit"e, as t'oll()ws:
Fixtures, fittingis
and equipinent
25 % reduciiig balaiice
1.3. Government grants
Grants (IfL LrLclitLd to det'erred revenLIL. Grants towards capital expcnditure are
relLasLd to thc pr()tit aiid l()ss alcouiit over tlie expected usct.ul li t"L ot. the assLts.
Graiil toward.% revLnuL' LxpLnditure are released to the protit and loss aLLount as
the related expLnLliture is incurred,
Operating profitl(loss)
2023
20?2
Operating profit/ (loss) is stated after charging..
Depreciation aiid other amounts written of tang7ible assets
76?
)52

Page 7
South Armagh Rural Ivonien's Netiiork
Notes to the financial statements
for the >'ear ended 31 Ni larch 20?3
. coiitinued
Tangible fixed assets
Fixtures,
rittings and
equipment
Cost
At l April ?0??
Additions
At 31 March ?0?3
13,951
13,9il
Depreciation
At l April ?0??
Charge t'or tlie year
At 31 ￿larLh 20?3
10,14?
76?
10,904
Net book values
At l April 20??
At 31 MarLh ?023
3,809
3,047
Page 8

South Armagh Rural Women's Network
Notes to the financial statements
for the year ended 31 Nlarch 2023
.continu¢d
Creditors: amounts falling due
Ivithin one year
2023
2022
Bank ovei'draft
ALcriials
924
1,870
2,794
4,134
2,300
6,434
Funds
2023
2022
Unrcstrictcd Funds
RestriLted Funds
41,451
l3,471}
40,664
25,730)
Total Funds
27,C)80
14,934
Page 9