WALKWAY COMMUNITY ASSOCIATION FINAINCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
WALKWAY COMMUNITY ASSOCIATION FINANCIAL STATEMENTS FOR THE YEAR TO 31 MARCH 2024 Contents Page Number Cliai'ity Infoi'mation Tiustees, Annual Repoit Independent Exaniinei", s Report Stateinent of Financial Activities Balance Sheet Notes to the Accounts 8-10
WALKWAY COMMUNITY ASSOCIATION INDEPENDENT EI XAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 Inde endeiit exaininer's i'e ort to tlie cliarit trustees of Walkwa Commuiiit Associatioii I i'epoit oil the accounts of the Ti'ust foi. tlie yeai- elided 31 Mai-ch 2024, wliich al'e set out on pages 6-10. Res ective i'es onsibilities of charit trustees and examiiier As the chality's t1$teeS you are i'esponsible foi. the pi'epai'ation of the accounts in accoi-dance with tlie Cliai'ities Act (Noiiliei'n Ii'eland) 2008. It is my i'esponsibility lo: Examine the accounts under section 65 of the Chai"ities Act Follow ihe procedui.es laid down in the LFenei'al Dii'ections given by the Commission undei. section 65(9){b) of the Chai-ities Act State whethei- paiticulai- matters have conie to niy attention. Basis of iiide endent examinei"'s re ort I have exainined your chai.ity accounts as i'equii'ed undei" section 65 of the Charities Act and my examination was cai-i'ied out in accoi'dance with the genei-al Directions given by the Chai'ity Commission for Northei"n Ii"eland undei" section 65(9)(b) of the Chai"ities Act. My exainination included a i'eview of the accounting i'ecoi'ds kept by the charity and a comparison of the accounts pi-esented with tliose i-ecords. It also included consideration of any unusual items or disclosures in the accounts and seeking explanations fi-om you as cliai'ity ti'uslees conceining any such mattel's. My role is to state wliethei. any Inatei'ial niattei-s have come to my attention giving me cause to believe.. l. The accounting i-ecoi-ds wei'e not kept in accoi'dance with section 63 of the Cliai'ities Act 2. That the accounts do not accoi-d witli those accounting i-ecoi-ds 3. That the accounts do not cornply witli Ilie accounting i-equii-einents of the Chai-ities Act 4. That thei'e is furthei" infoi"matRon needed foi. a pi'opei. understanding of the accounts to be Irached.
Iiide eiident examiner's statemeiit l)ave completed my examination and Iiave no coiicei-ns in i-espect of tlie iiiattei-s ( l) to (4) listed above and, in conneclion with folloivingy the Dii-ections of the CIAai'ily Coiiimission foi- Noi'ihei'n Ii-eland, I have found no Inattei-s that i-equire di'awkng to youi. attention. Gavin Reid FCA Unit I 212-218 Upper Newtoivnards Road Belfast BT4 3ET 9 December 2024
WALKWAY COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 Uilrestricted Restricted Fujids Fiinds Total Fuiids Tola5 Fuiids Note 2024 2024 2024 2023 Incoine and Expeiiditiire Incomiiig Resources Grants i-eceivable Othei. income 216,988 216,988 228,807 Total Incoming Resoui'ces 28204 216988 245 192 243 266 Resoui'ces Expended Project expenditure Adininisti'alive expenses 106,687 118,198 126518 115 325 Total Resources Expended 233 205 233 523 Net Incoming l (Outgoing) Resoui'ces foi. Ihe Yeai" 11,987 9,743 Unresti'icted Fund Balance Bi'ought Foi'wai"d al 31 mai.ch 2023 Uni'esti"icted Fund Balance Cai'i'ied Foiwai'd at 31 March 2024 Thele wei'e no recognised gains oi- losses other than tliose included in the Stateii)ent of Financial Activities above. The Notes on pages 8 to 10 foiin part of tliese Accounts.
WALKWAY COMMUNITY ASSOCIATION BALANCE SHEET AT 31 MARCH 2024 2024 2023 Curi'eiit Assets Gi-ants outstanding Prei)ayineiits Othei. debtoi's 3,740 2,625 41 11,878 1,087 465 6,406 13,430 Cash at bank and iii hand 46,091 52,811 Ciirrent Liabilities- Amounts Falliiig Due within One Year Gi'ants i'eceived in advance Gi-ants to be i-epaid Ci-editors and acciuals 1,000 6,252 7,549 16,633 32 778) Net Cui"i"ent Assets Represented by: Acculiiulated Funds Account - Unrestricted Funds Revenue sui.plus Tliese Financial Statements are signed on belialf of the Coiiiniittee as a i'esult of their appi'oval by the Cominittee ai ilieii- iiieeting on 9 Decenibei. 2024. (Chaiipel'son)
WALICWAY COMMUNITY ASSOCKATION NOTES TO THE ACCOUNTS 31 MARCH 2024 Accountiiig Policies The Pi-incipal Accounting Policies are as follows: These Financial Statements al'e pi'epai"ed in accoi'dance with the Statement of Recoiiiinended Pi'actice"Accounting by Chai'ities" issued in Octobei. 1995 (Revised 2002), and applicable Accounting Standards. Aceouiiting Convention The Accounts Iiave been pi"epai'ed undei. the historical cost convention and in accoi'dance with applicable accounting standards. Basis of Accounting Revenue Gi'ants al'e credited to the income and expenditui'e account on an accruals basis. Restricted Funds All Gi"ants which specify a puiyose foi" the Gi'ant, including Col'e Gi"ants, ai"e included as Resti'icted Funds. It is tlie Association's policy to meet all Resti'icted Fund Deficits by ti'ansfer froin tlie Accuinulated Unrestricted Funds. Resources Expeiided It is considei'ed that, with the excepiioii of inanageinent and administration costs and costs genei-atiiig funds, all suppol't costs al'e part of the total expenditui-e dii'ectly i'elating to the objects of the chai'ity. There were no costs in tliis year of generating funds. As a Pi"oject Based chai'ity, the cost of managing and adininisti'atiiig each pi-oject is classed as a Direct Cliai-itable Expense. Management and Adininisti'alion costs ai"e based on the cost of staff time spent on these activities and includes salaries and an appi-opl'iate pi'opoi'tion of Cei-tain suppoi-t costs.
WALKWAY COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS 31 MARCII 2024 Incom iiig i'esoui'ces 2024 2023 Grants i'eceivable Depai'tiiieiit foi. Communities The ExecLltive Office Education Authoi'ity Belfast City Council Nl Alteriiatives Halifax Urbaii Villages Awai"ds fol. AII EBCDA East Belfast Surestai't Radiiis HoLisiiig East Belfast Alternatives CFNI CED rLiiiniiig costs ESP 62,030 51,979 44,631 35,832 6,840 3,413 3,248 2,750 2,440 2,000 1,250 575 54,622 58,485 30,375 36,350 4,116 4,527 17,250 10,250 1,980 7,950 1,500 1,402 Otliei" iiicome Reiits I'eceived Otliei. iiicoiiie Donatioiis- Bloomfield Pi'esbytei'ian Cliurch Other 25,859 545 1,800 1,230 800 2,446 350
WALKWAY COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS 31 MARCH 2024 Resoui'ces expended 2024 2023 Admiiiisti'ative Ex eiiditui"e WagJes and salai'ies Social secui-ity costs Staff pension cost Staff ti'aining Rent Watei. l'ates Insui'ance Heat and light Cleaning Repaii"s and maintenance Pi'inting, postage and stationei'y Teleplione Coniputei" costs Ti'avel expenses Legal and pi-ofessional Accountancy Bank cliarges Genei"al expenses Subsci-iption 92,946 5,443 607 401 76,435 5,464 276 28 2,382 247 2,560 11,568 2,840 2,808 1,694 3,392 856 195 498 1,680 304 1,983 115 554 5,120 6,879 2,561 3,819 1,440 2,630 96 565 1,920 452 973 112 126518 10