ARDFOYLE TRUST
Statement of Fiiiancial Activities
for the Year Ended 30 Se
tember ?02?
2022
Total
funds
2021
Total
funds
Unrestricted Restricted
fund
ftlnds
Notes
INCOME AND EINDOWMENTS FROTh
Donations and legacies
25,039
?),039
34,662
Investment income
29,106
29,106
Total
54,14i
54,145
45,944
EXPENDITURE ON
Charitable activities
Governance costs
Charitable Donations
Support costs
1,574
7i,643
I,)74
73,643
52.939
7,801
Other
24,808
24,808
Total
100,02)
100,025
62,3?2
NET INCOMEI(EXPENDITURE)
(45,880)
(45.880)
(16,378)
RECONCILIATION OF FUNDS
TotaE funds brougllt forivard
798,264
798,264
814.642
TOTAL FUNDS CARRIED FORWARD
752,384
752,384
798,264

ARDFOYLE TRUST
Balance Sheet
30Se
tember 2022
2022
Total
funds
2021
Total
funds
Unrestricted Restricted
fund
fund5
Notes
FIXED ASSETS
Investmettt property
11
459,?90
459,290
4 j9,?90
CURRENT ASSETS
Debtors
Castl at bank
12
56.563
240,259
i6,563
240,2)9
148,013
192,686
296,822
296.822
340,699
CREDITORS
Arllounts falling due ivithin one year
13
(3,7?8)
(3,728)
(1,725)
'ET CURRENT ASSETS
293,094
293,094
3 38,974
TOTAL ASSETS LESS CURRENT
LIABILITIES
752,i84
75? 384
798,264
NET ASSETS
752,384
752,i84
798,264
FUNDS
Unrestricted funds
14
75? 384
798,264
TOTAL FUNDS
752,384
798,264
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006
for the year ended 30 September 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended
30 September 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a)
nsurin(r that the charitable company keeps accounting records that comply ivith Sectlolls )86 and 387
of the Companies Act 2006 and
(b) preparing finanGial statements which give a true and fair view of the stste of affairs of the charitsble
company as at the end of each fInancial year and of its surplus or deficit for each fInancial year itl
accordance with the requirements of Sections 394 and 39) and which Othe￿Ise comply with the
requirements of the Companies Act 2006 relating to fInancial statements, so far as applicable to the
charitable company.
continued.

APDFOYLE TRUST
Balaiice Sheet - continiied
30Se
teFnber 20?2
These finaiicial slatemeiit5 have been prepared in accordance with the provisions applieable to charitable
companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on
?..L..: i....Igs2J .............. and were signed on its behalf by..
Farland - Trustee

ARDFOYLE TRUST
Notes to the Financial Statements
loi. the Year Ended 30 Se tember 202?
COMPANY LlIlqITED BY GUAIL4NTEE
ArdfoyIe Tiust Ltd ts a company limited by guarantee and accordingly does not have share capital.
Each member of the company has undertaken to contributed such amounts as will be required not
exceeding £10 to the assets of the company in the event of its being wound up while he or she is a
member or within one yeai. after he or she ceases to be a member.
ACCOUNTING POLICIES
Basis of preparinu the financial statements
The financial statements of the charitable compaiiy, which is a public benefit entity under FRS 10?
have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by
Charitie5: Statement of Recommended Practice applicable to charities prepaiino their accounts in
accordance ivith the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102) (effective l January 2019),. Financial Reporting Standard 102 'The Financial Reporting Stsndard
applicable in the UK atld Republic of Ireland, and the Companies Act ?006. TELe financial statements
have been prepared under tlie historical cost Convention.
Financial reportin4T standard 102 - reduced disclosure e.iemptions
The chaiitable company has taken advantage of the following disclosure exeniptions in preparing
these financial statements. as permitted by FRS I O? 'The Financial Reporting Standard appfiicable in
the UK and Republic of Ireland,:
the requirements of Sectioii 7 Statement of Cash Flow5"
tlie requirenient of paragrapli i.17(d)'
the requirements of paragiaphs 11.42, 11.44, 11.45, 11.47, L l.48(a)(iii), 11.48(a)(iv), 11.48(b)
and I1.48(c)-
the requirements of paragraphs 12.26. 12.27, 12.29(a), l? ?9(b) and l?.29A'
the requirement of paragraph 33.7.
Income
All income is recognised in the Statement of Financial Activities once tlie charity has entitIemenl to
the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recounised as expenditure as soon as there is a legal or constructive obligation
committing tlie charity to that expenditure, it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on ali accruals basis and has been classified under headings that aggregate all cost
related to the category. Wl]ere costs cannot be directly attributed to particular headings they have
been allocated to activities on a basis consistent with the use of resources.
Grants offered Subject to conditions which have not been met at the year end date are noted as a
commitment but not accrued as expenditure.
Taxation
The Gharity Is exempt from corporation tax on its charitable activities.
Fund accountints
Unrestricted funds can be used in accoi-dance ivith the charitable objectives at the discretion of the
trustees.
continued...

ARDFOYLE TRUST
Notes to the Financial Statements - coiitinued
for the Year Ended 30 Se
tember 2022
ACCOUNTLYG POLICIES - continued
Fund accounting
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise ivhen specifIed by th¢ donoT or ￿$he￿ funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is Included in the notes to the financial
stateLnents.
DONATIONS AND LEGACIES
2022
2021
Donations
Gift aid
20,050
4,989
27,849
6,813
25,039
34,662
INVESTITrIENT INCOME
2022
2021
Rents received
Deposit account interest
Interest receivable
Ground Rent received
17,267
135
10.772
932
9,600
20
27
1,635
29.106
cItARITABLE ACTIVITIES COSTS
Grant
funding of
activities
(see note
Support
costs (see
note 7)
6)
Totals
Governance costs
Charitable Donations
1.574
1,574
73,643
73,643
1.574
75,217
continued...

ARDFOYLE TRUST
Notes to tlie Financial Statements - continued
for the Year Ended 30 Se tember 2022
GRANTS PAYABLE
20?2
?021
Charitable Donations
73,643
52.939
SUPPORT COSTS
Governaace
costs
Mana￿eMent
Totals
Other resources expended
Governance costs
24,718
136
90
1,438
24,808
I,)74
24,854
1,528
26,382
TRUSTEES, REIIIUNEIL4TION AND BENEFITS
There were no trustees, remuneration or other benefits foi. the year ended 30 Septernber ?022 nor for
the year ended JO September 20?1.
Trustees, expenses
There were no trustees, expenses pald for the year ended 30 September ?0?2 nor for the yeai- ended
JO September 2021.
STAFF COSTS
The averaoe monthly number of employees during the year was as follow5:
2022
?021
Trustees
No employees received emoluments in excess of £60,000.
10. COIVIPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
fund
funds
Total
fund5
INCOME AND ENDOWMENTS FROM
E)onations and legacies
34,66?
34,662
Investment income
11,282
11,282
Total
45,944
45,944
EXFENDITURE ON
C112 ritable actiiiities
Governance costs
Charitable Donations
1,582
52,939
I,)82
i2,939
continued...

ARDFOYLE TRUST
Notes to the Financial Statetnents - continued
for the Year Ended 30 Se tember ?022
10.
COIMPARATIVES FOR TI.IE STATEMENT OF FINANCIAL ACTIVITIES- continued
Unrestricted Restricted
Total
fuiid
funds
funds
Support costs
7,801
7,801
Totgl
62,322
NET INCOMEI(EXPENDITURE)
(16,i78)
(16,J78)
RECONCILIATION OF FUNDS
Total funds brought forivard
814.642
814.642
TOTAL FUNDS CARRIED
FORWARD
798,264
798,264
11. INVESTMENT PROPERTY
FAIII VALUE
At l October 20?1
and JO September 2022
459,?90
NET BOOK VALUE
At 30 September ?02?
459,290
At 30 September 2021
459,290
The trustees consider that tlie investtnent properties are shown at fair market value.
12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
2021
Other debtor5
Gift Aid Reclaim
51.600
4.963
141,200
6,813
148,013
continued...

ARDFOYLE TRUST
Notes to the Financial Statement5 continued
for the Year Ended 30 Se
tember 2022
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
?02?
?o?I
VAT
Accruals and deferTed income
2,333
3?9
1,396
3,728
1,725
14. MOVEIVIENT IN FUNDS
Net
move]nent
in funds
At
ill0￿1
Al
3019122
Unrestricted funds
General fund
798,264
(45,880)
752,384
TOTAL FUNDS
798,264
(45.880)
7)2,384
Net movement in funds, included in tlie above are ls folloivs..
Tncoming
resources
Resources
expended
Movemeiit
in fitnds
Unrestrieted funds
General fund
54,145
(100,025)
(45,880)
TOTAL FUNDS
i4,145
(100.025)
(45.880)
Comp2r2tives lor movement in funds
Net
ovement
in funds
At
1110120
At
3019121
Unrestricted funds
General fund
814,642
(l6,378)
798.264
TOTAL FUNDS
814,642
(16,378)
798,264

ARDFOYLE TRUST
Notes to the Financial Stateinents continued
foi. the Year Ended JO Se tember 202?
14.
OVEIMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as folloH's=
Incomin
resources
Resources
expended
Movefftent
iii fuiid5
Unrestricted funds
General fund
45,944
(6? 322)
(16,378)
TOTAL FUNDS
45,944
(62.322)
(16.378)
A current year 12 months and prior year 12 month5 cornbined position is as folloivs:
Net
movement
in funds
At
Iii o/?0
At
30191??
Unrestricted fund5
General fund
814.642
(6? 258)
752.384
TOTAL FUNDS
814,642
(62,258)
752,384
A Current year 12 months and prior year 12 months coinbined net movement in furLds, included in the
above are as follows-
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
100,089
(162,347)
(62,258)
TOTAL FUNDS
100,089
(162,347)
(62,2i8)