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2024-02-28-accounts
| ReferenceandAdministrativeDetails |
|
| StrategicReport |
2 |
| Trustees'Report |
3to5 |
| IndependentExaminer'sReport |
6to7 |
| StatementofFinancialActivities |
8 |
| BalanceSheet |
9to10 |
| StatementofCash Flows |
1I |
| NotestotheFinancialStatements |
12to26 |
| Thetrusteesandofficersservingduringtheyearandsincetheyearendwereasfollows: |
Thetrusteesandofficersservingduringtheyearandsincetheyearendwereasfollows: |
| Trustees: |
MrsMaryVDevlin,Director |
|
MrFionntainDevlin.Director |
|
MrPaddyMcIvor.Director |
|
MrAdrianMcElhone,Director |
|
MrThomasMcElhone,Director |
|
MrMikeMuldoon,Director |
|
MsAnnMcVey |
|
MsSiobhanCorcoran |
|
MrAaronSwann.Director |
| Chairman: |
MrFionntainDevlin,Director |
| ChiefExecutiveOfficer: |
MrsMaryVDevlin,Director |
| Secretary: |
MrAaronSwarm,Director |
|
|
Unrestricted |
Restricted |
Total |
|
|
funds |
funds |
2024 |
|
Note |
£ |
|
£ |
| IncomeandEndowmentsfrom: |
|
|
|
|
| Othertradingactivities |
4 |
64,911 |
14,574 |
79,485 |
| Totalincome |
|
64,911 |
14,574 |
79,485 |
| Expenditureon: |
|
|
|
|
| Raisingfunds |
5 |
(50,310) |
(10,750) |
(61,060) |
| Otherexpenditure |
6 |
(5,573) |
(19,270) |
(24,843) |
| Totalexpenditure |
|
(55,883) |
(30,020) |
(85,903) |
| Netincome/(expenditure) |
|
9,028 |
(15,446) |
(6,418) |
| Netmovementinfunds |
|
9,028 |
(15,446) |
(6.418) |
| Reconciliationoffunds |
|
|
|
|
| Totalfundsbroughtfonvard |
|
589,895 |
57,356 |
647,251 |
| Totalfluidscarriedforward |
20 |
598,923 |
41,910 |
640,833 |
|
|
Unrestricted |
Restricted |
Total |
|
|
funds |
funds |
2023 |
|
Note |
|
|
|
| IncomeandEndowmentsfrom: |
|
|
|
|
| Donationsandlegacies |
3 |
2,049 |
|
2,049 |
| Othertradingactivities |
4 |
26,085 |
71,210 |
97,295 |
| Totalincome |
|
28,134 |
71,210 |
99,344 |
| Expenditureon: |
|
|
|
|
| Raisingfunds |
5 |
(40,268) |
|
(40,268) |
| Charitableactivities |
|
1 |
|
1 |
| Otherexpenditure |
6 |
(12,852) |
(13,854) |
(26,706) |
| Totalexpenditure |
|
(53,119) |
(13,854) |
(66,973) |
| Net(expenditure)Jincome |
|
(24,985) |
57,356 |
32,371 |
| Netmovementinfunds |
|
(24,985) |
57,356 |
32,371 |
| Reconciliationoffunds |
|
|
|
|
| Totalfundsbroughtforward |
|
614,880 |
|
614,880 |
| Totalfundscan-ledforward |
20 |
589,895 |
57,356 |
647,251 |
|
|
2024 |
2023 |
|
Note |
|
|
| Fixedassets |
|
|
|
| Tangibleassets |
13 |
675,899 |
688,000 |
| Currentassets |
|
|
|
| Debtors |
14 |
62,627 |
3,059 |
| Cashatbankandinhand |
15 |
27,302 |
22,864 |
|
|
89,929 |
25,923 |
| Creditors:Amountsfallingduewithinoneyear |
16 |
(2,531) |
(1,652) |
| Netcurrentassets |
|
87,398 |
24,271 |
| Totalassetslesscurrentliabilities |
|
763,297 |
712,271 |
| Creditors:Amountsfallingdueaftermorethanoneyear |
17 |
(122,464) |
(65,020) |
| Netassets |
|
640,833 |
647,251 |
| Fundsofthecharity: |
|
|
|
| Restrictedincomefunds |
|
|
|
| Restrictedfunds |
|
41,910 |
57.356 |
| Unrestrictedincomefunds |
|
|
|
| Unrestrictedfunds |
|
(71,077) |
(80,105) |
| Revaluationreserve |
|
670,000 |
670,000 |
| Totalunrestrictedfunds |
|
598,923 |
589,895 |
| Totalfunds |
20 |
640.833 |
647251 |
| StatementofCashFlowsfortheY |
earEnded29 |
February2024 |
|
|
|
2024 |
2023 |
|
Note |
|
|
| Cashflowsfrontoperatingactivities |
|
|
|
| Netcash(expenditure)/income |
|
(6.418) |
32,371 |
| Adjustmentstocashflowsfromnon-cashitems |
|
|
|
| Depredation |
5,6 |
13,064 |
6,553 |
|
|
6,646 |
38,924 |
| Workingcapitaladjustments |
|
|
|
| (Increase)/decreaseindebtors |
14 |
(59,568) |
558 |
| Increase/(decrease)increditors |
16 |
967 |
(5,284) |
| Increase/(decrease)indeferredincome |
17 |
57,356 |
(10,000) |
| Netcashflowsfromoperatingactivities |
|
5,401 |
24,198 |
| Cashflowsfrominvestingactivities |
|
|
|
| Purchaseoftangiblefixedassets |
13 |
(963) |
(18,000) |
| Netincreaseincashandcashequivalents |
|
4,438 |
6.198 |
| Cashandcashequivalentsat1March |
|
11,864 |
16.666 |
| Cashandcashequivalentsat29February |
|
27.302 |
22.864 |
| 3Incom |
efromdonationsandlegacies |
|
|
|
|
Unrestricted |
|
|
|
funds |
Total |
|
|
General |
funds |
|
|
£ |
£ |
| Totalfor |
2024 |
|
|
| Totalfor |
2023 |
2.049 |
2,049 |
| 4Incomefromothertradingactivities |
|
|
|
|
Unrestricted |
|
|
|
funds |
Restricted |
Total |
|
General |
funds |
funds |
|
£ |
£ |
£ |
| Propertyrentalincome |
20,941 |
|
20.941 |
| Otherincomefromothertradingactivities |
43,970 |
14.57,1 |
58,544 |
| Totalfor2024 |
64,911 |
14,574 |
79,485 |
| Totalfor2023 |
26.085 |
7 I210 |
97.295 |
| a)Costsoftradingactiviti |
es |
|
|
|
|
|
|
|
Unrestricted |
funds |
|
Restricted |
Total |
|
|
General |
Other |
|
funds |
funds |
|
Note |
£ |
£ |
|
£ |
£ |
| Costsofgoodssold |
|
377 |
|
|
|
377 |
| Depreciation,amortisation |
|
|
|
|
|
|
| andothersimilarcosts |
|
13,064 |
|
|
|
13,064 |
| Otherdirectcostsof |
|
|
|
|
|
|
| activitiesforgenerating |
|
|
|
|
|
|
| funds |
|
35,955 |
|
567 |
10,750 |
47,272 |
| Allocatedsupportcosts |
|
347 |
|
|
|
347 |
| Totalfor2024 |
|
49,743 |
|
50 |
10,750 |
61,060 |
| Totalfor2023 |
|
40,268 |
|
|
|
40,268 |
|
|
|
|
|
|
Total |
|
|
|
|
|
|
costs |
| 6Otherexpenditure |
|
|
|
|
|
|
|
Unrestricted |
funds |
Restricted |
Total |
|
|
General |
Other |
funds |
funds |
|
Note |
£ |
£ |
£ |
£ |
| Staffcosts |
|
|
|
|
|
| Wagesandsalaries |
|
|
932 |
19,270 |
20,202 |
| Marketingandpublicity |
|
|
3,000 |
' |
3,000 |
| Otherresourcesexpended |
|
|
1,641 |
|
1,641 |
| Totalfor2024 |
|
|
5,573 |
19.270 |
24.843 |
| Totalfor2023 |
|
70 |
12,782 |
13,854 |
26.706 |
| Analysisofgrants |
|
|
|
Grantsto |
institutions |
|
2024 |
2023 |
|
£ |
£ |
| Analysis |
|
|
| CommunityVenuesGrant |
13,725 |
13,725 |
| CapitalGrantrelease |
10,000 |
10,000 |
|
23,725 |
23,725 |
| 9Netincoming/outgoingresources |
|
|
| Net(outgoing)tincomingresourcesfortheyearinclude: |
|
|
|
2024 |
2023 |
|
£ |
£ |
| Depreciationoffixedassets |
13.064 |
6.553 |
| 10Trusteesremunerationandexpenses |
|
|
| NotestotheFinancialStatementsfor |
theYearEnded29February2 |
024 |
|
2024 |
2023 |
|
£ |
£ |
| Staffcostsduringtheyearwere: |
|
|
| Wagesandsalaries |
20,202 |
14,360 |
| Pensioncosts |
|
70 |
|
20,202 |
14,430 |
| 13Tangiblefixedassets |
|
|
|
|
Landand |
Furnitureand |
|
|
buildings |
equipment |
Total |
|
£ |
£ |
£ |
| Cost |
|
|
|
| At1March2023 |
679,077 |
211,457 |
890,534 |
| Additions |
|
963 |
963 |
| At29February2024 |
679,077 |
212,420 |
891,497 |
| Depreciation |
|
|
|
| AtIMarch2023 |
679,077 |
193,457 |
872,534 |
| Chargefortheyear |
|
13,064 |
13,064 |
| At29February2024 |
679,077 |
206,521 |
885,598 |
| Netbookvalue |
|
|
|
| At29February2024 |
|
5.899 |
5,899 |
| At28February2023 |
|
18.000 |
18,000 |
| 14Debtors |
|
|
|
|
|
2024 |
2023 |
|
|
£ |
|
| Tradedebtors |
|
2,496 |
815 |
| Accruedincome |
|
57,356 |
|
| VATrecoverable |
|
2,475 |
1,944 |
| Otherdebtors |
|
300 |
300 |
|
|
62,627 |
3,059 |
|
|
2024 |
| Accruedincome |
|
57,356 |
| 15Cashandcashequivalents |
|
|
|
2024 |
2023 |
|
£ |
£ |
| Cashatbank |
27.302 |
22,864 |
| 16Creditors:amountsfallingduewithinoneyear |
|
|
|
2024 |
2023 |
|
£ |
£ |
| Tradecreditors |
86 |
86 |
| Othertaxationandsocialsecurity |
1,365 |
486 |
| Accruals |
1,080 |
1,080 |
|
2,531 |
1,652 |
| 17Creditors:amountsfallingdueafteroneyear |
|
|
|
2024 |
2023 |
|
£ |
£ |
| Duetogroupundertakings |
|
40 |
| Othercreditors |
55,108 |
54,980 |
| Deferredincome |
67,356 |
10,000 |
|
122,464 |
65,020 |
| 20Funds |
|
|
|
|
|
|
|
|
|
|
Balanceat |
|
BalanceatI |
Incoming |
Resources |
|
29February |
|
March2023 |
resources |
expended |
Transfers |
2024 |
| Unrestrictedfunds |
|
|
|
|
|
| General |
(80,105) |
64,911 |
(49,743) |
|
(64,937) |
| Other |
|
|
(6,140) |
670,000 |
663,860 |
| Totalunrestrictedfunds |
(80,105) |
64,911 |
(55,883) |
670,000 |
598,923 |
| Restrictedfunds |
57,356 |
14,574 |
(30,020) |
|
41,910 |
| Totalfunds |
(22,749) |
79,485 |
(85,903) |
670,000 |
640,833 |
|
|
|
|
|
Balanceat |
|
Balanceat1 |
Incoming |
Resources |
|
28February |
|
March2022 |
resources |
expended |
Transfers |
2023 |
|
|
|
|
£ |
£ |
| Unrestrictedfunds |
|
|
|
|
|
| General |
(55,120) |
28,134 |
(40,337) |
|
(67,323) |
| Other |
|
|
(12,782) |
670,000 |
657,218 |
| Totalunrestrictedfunds |
(55,120) |
28,134 |
(53,119) |
670,000 |
589,895 |
| Restrictedfunds |
|
71,210 |
(13,854) |
|
57,356 |
| Totalfunds |
(55,120) |
99,344 |
(66,973) |
670,000 |
647,251 |
| 21Analysisofnetassetsbetw |
eenfunds |
|
|
|
|
|
|
|
Totalfundsat |
|
Unrestricted |
funds |
Restricted |
29February |
|
General |
Other |
funds |
2024 |
|
£ |
£ |
|
|
| Tangiblefixedassets |
|
5,899 |
670,000 |
675,899 |
| Currentassets |
57,356 |
32,573 |
|
89,929 |
| Currentliabilities |
|
(2,531) |
|
(2,531) |
| CreditorsoverIyear |
|
(65,108) |
(57,356) |
(122,464) |
| Totalnetassets |
57,356 |
(29,167) |
612,644 |
640,833 |
| NottstotheFinancialS |
tatementsfortheYearEnde |
d29February |
2024 |
|
Unrestricted |
|
Totalfundsat |
|
funds |
Restricted |
28February |
|
Other |
funds |
2023 |
|
|
£ |
£ |
| Tangiblefixedassets |
18,000 |
670,000 |
688,000 |
| Currentassets |
25,923 |
|
25,923 |
| Currentliabilities |
(1,652) |
|
(1,652) |
| CreditorsoverIyear |
(65,020) |
|
(65,020) |
| Totalnetassets |
(22,749) |
670,000 |
647,251 |
| 22Analysisofnetfunds |
|
|
|
|
At29 |
|
AtIMarch |
February |
|
2023 |
2024 |
| Cashatbankandinhand |
22.864 |
22,864 |
| Netdebt |
22,864 |
22,864 |
|
|
At28 |
|
At1March |
February |
|
2022 |
2023 |
| Cashatbankandinhand |
16,666 |
16,666 |
| Netdebt |
16,666 |
16,666 |
|
Total |
Total |
|
Unrestricted |
Unrestricted |
|
Funds |
Funds |
|
2024 |
2023 |
|
£ |
£ |
| IncomeandEndowmentsfrom: |
|
|
| Donationsandlegacies |
|
2,049 |
| Othertradingactivities |
64,911 |
26,085 |
| Totalincome |
64,911 |
28,134 |
| Expenditureon: |
|
|
| Raisingfunds |
(50,310) |
(40,268) |
| Charitableactivities |
|
1 |
| Otherexpenditure |
(5,573) |
(12,852) |
| Totalexpenditure |
(55,883) |
(53,119) |
| Netincome/(expenditure) |
9,028 |
(24,985) |
| Netmovementinfunds |
9,028 |
(24,985) |
| Reconciliationoffunds |
|
|
| Totalfundsbroughtforward |
(80,105) |
(55,120) |
| Totalfundscarriedforward |
(71,077) |
(80,105) |
|
Total |
Total |
|
Restricted |
Restricted |
|
Funds |
Funds |
|
2024 |
2023 |
|
£ |
£ |
| IncomeandEndowmentsfrom: |
|
|
| Othertradingactivities |
14,574 |
71,210 |
| Totalincome |
14,574 |
71,210 |
| Expenditureon: |
|
|
| Raisingfunds |
(10,750) |
|
| Otherexpenditure |
(19,270) |
(13,854) |
| Totalexpenditure |
(30,020) |
(13,854) |
| Net(expenditure)/income |
(15,446) |
57,356 |
| Netmovementinfunds |
(15,446) |
57,356 |
| Reconciliationoffunds |
|
|
| Totalfundsbroughtforward |
57,356 |
|
| Totalfundscarriedforward |
41,910 |
57,356 |
| DetailedStatementofFinancialActivitiesfo |
rtheYearEnded29Februar |
y2024 |
|
Total |
Total |
|
2024 |
2023 |
|
£ |
£ |
| IncomeandEndowmentsfrom: |
|
|
| Donationsandlegacies(analysedbelow) |
|
2,049 |
| Othertradingactivities(analysedbelow) |
79,485 |
97,295 |
| Totalincome |
79,485 |
99,344 |
| Expenditureon: |
|
|
| Raisingfunds(analysedbelow) |
(61,060) |
(40,268) |
| Charitableactivities(analysedbelow) |
|
1 |
| Otherexpenditure(analysedbelow) |
(24,843) |
(26,706) |
| Totalexpenditure |
(85,903) |
(66,973) |
| Net(expenditure)/income |
(6,418) |
32,371 |
| Netmovementinfonds |
(6,418) |
32,371 |
| Reconciliationoffunds |
|
|
| Totalfundsbroughtforward |
(22,749) |
(55,120) |
| Totalfundscarriedforward |
(29,167) |
(22,749) |
| DetailedStatementofFinancialActivitiesfor |
theYearEnded29Februar |
y2024 |
|
Total |
Total |
|
2024 |
2023 |
|
£ |
£ |
| Donationsandlegacies |
|
|
| Feesandsupplies |
|
2,049 |
|
|
2,049 |
| Othertradingactivities |
|
|
| UKGovernmentgrants |
|
10,020 |
| Grants-otheragencies |
14,574 |
71,210 |
| Grants-otheragencies |
43,970 |
|
| Rentalincome |
20,941 |
16,065 |
|
79,485 |
97,295 |
| Raisingfunds |
|
|
| Purchases |
(377) |
|
| Rates |
(3,291) |
(2,281) |
| Light,heatandpower |
(8,247) |
(13,627) |
| Insurance |
(6,761) |
(5,494) |
| Repairsandmaintenance |
|
(117) |
| TutorsPaid |
(10,750) |
|
| TutorsPaid |
|
(6,515) |
| Stafftraining |
(1,229) |
(300) |
| Volunteerexpenses |
(480) |
|
| Equipmentrepairsandrenewals |
(548) |
|
| Telephoneandfax |
(69) |
|
| Printing,postageandstationery |
(1,315) |
(52) |
| Tradesubscriptions |
227 |
|
| Charitabledonations |
(567) |
|
| Sundryexpenses |
|
(50) |
| Cleaning |
(3,109) |
(1,357) |
| ChristmasTree&Lights |
(2,581) |
(1,520) |
| Advertising |
(209) |
(550) |
| Promotionalexpenses |
(161) |
76 |
| Sponsorship |
(250) |
(476) |
| Accountancyfees |
(735) |
(57) |
| Legalandprofessionalfees |
(331) |
(903) |
| TutorsandCourseProviders |
(6,600) |
|
| Bankcharges |
(266) |
(232) |
| Depreciationoffixturesandfittings |
(13,064) |
(6,553) |
| Computersoftwareandmaintenancecosts |
(347) |
(260) |
|
(61,060) |
(40,268) |
| DetailedStatementofFinancialActivitiesfortheY |
earEnded29Februar |
y2024 |
|
Total |
Total |
|
2024 |
2023 |
|
£ |
£ |
| Charitableactivities |
|
|
| Cleaning |
|
1 |
| Otherexpenditure |
|
|
| Wagesandsalaries |
(18,890) |
(13,854) |
| Staffpensions(Definedcontribution)-pensionscheme1 |
(380) |
|
| Staffpensions(Definedcontribution)-pensionschemeI |
|
(70) |
| Casualwages |
(932) |
(506) |
| Repairsandmaintenance |
(1,641) |
(10,276) |
| Consultancyfees |
(3,000) |
(2,000) |
|
(24,843) |
(26,706) |