Ardstraw Area Women’s Group
Statement of Receipts and Payments
for year ended 31 March 2023
| Ardstraw Area Women's Group 1st April 2022 to 31st March 2023 Receipts PHA Clear Funding Awards for All SSE Bessy Bell Cash Deposits - Workshops Active Living Membership Donation - closure and transfer of funds Resale of kit/materials Dalradian TOTAL RECEIPTS Payments Workshop materials Facilitator Fees for workshops Veue Hire Coach Hire Somme Hall Hire Public Liability Insurance Catering Volunteer Expenses Stationary Trips/Outings Bessy Bell Expenses TOTAL PAYMENTS NET RECEIPTS & PAYMENTS Add: Opening bank and & cash balance Closing bank and cash balance |
Charity No: 103786 Unrestricted Funds Restricted Funds Total 2023 Total 2022 3828 3828 1920 0 8013 0 2000 2205 2205 495 200 200 200 210 210 115 0 379.96 0 212 400 400 0 |
|---|---|
| 2615 4228 6843 13334.96 |
|
| 132 1148.37 1280.37 622 4100 4100 625 732.95 732.95 1380 1380 0 180 199 199 174 368 368 360 356.56 356.56 71.98 71.98 50.54 1521.7 1521.7 1022.9 0 1757.37 |
|
| 759.54 9251.02 10010.56 4791.81 |
|
| 1855.46 -5023.02 -3167.56 8543.15 1736.8 8179.02 9915.82 1372.67 |
|
| 3592.26 3156 6748.26 9915.82 |
Ardstraw Area Women’s Group
Statement of Assets and Liabilities
for year ended 31 March 2023
Ardstraw Area Women's Group Charity No: 103786 1st April 2021 to 31st March 2022
| Categories Details Cash Funds Current account TOTAL CASH FUNDS Assests (unrestricted) Equipment TOTAL ASSETS No Liabilities |
Unrestricted Funds Restricted Funds Endownment Funds Total Funds 3592.26 3156 6748.26 |
|---|---|
| 3592.26 3156 6748.26 |
|
| 0 |
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Ardstraw Area Women’s Group
Notes to the financial Statements
for year ended 31 March 2023
1. Accounting Policies
1.1 Accounting convention
The financial statements are prepared under the historical cost convention and are prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and follow the recommendations in Accounting and Reporting by Charities: Statement of Recommended Practice (issued March 2005).
The charity has taken advantage of the exemption in FRS1 from the requirement to produce a cashflow statement because it is a small charity.
1.2 Incoming resources
Income from donations, membership and grants is included in incoming resources when these are received.
When donors specify that donations and grants are for a particular restricted purpose, which do not amount to pre conditions regarding entitlement, this income is included in incoming resources of restricted funds when received.
1.3 Interest receivable
Interest is included on a receivables basis by the charity.
1.4 Resources expended
Resources expended are included in the Statement of Receipts and Payments on a payables basis.
1.5 Fund accounting
Unrestricted funds relate to general funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by funders/donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charges against the specific fund.
1.6 Taxation
The group is not registered for taxation purposes and there has been no tax charges arisen for the group for the year ended 31 March 2023.
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2. Fundraising
The charity has raised funds through donations from ladies for workshops of £2,205 and membership fees of £210.
3. Grant Income
The charity was awarded £3,828 from PHA Clear funding towards workshops, running costs and activities. A grant of £200 from Active Living which covered workshop costs and £400 from Dalradian Gold towards costs of creating accessible parking.
4. Trustees emoluments
The trustees neither received nor waived any emolument during the year.
5. Financial commitments
The charity has no financial commitments at present.
6. Transaction with trustees
The trustees attend meetings and carry out the business of the charity on a voluntary basis. Travel expenses are paid to Trustees who carry out the business of the charity, at the standard rate provided by HM Revenue & Customs, on receipt of a properly approved travel claim.
7. Charity Commission for Northern Ireland
Ardstraw Area Women’s Group is a registered charity with the Charity Commission for Northern Ireland since 4 January 2016 under registration number 103786.
8. Going concern
In common with all community groups in Northern Ireland, the group continues to experience difficulties in securing long term funding. However, in view of the grants awarded and with volunteer support, the trustees are confident that the group can continue its activities and are therefore satisfied that it is appropriate for the financial statements to be prepared on the going concern basis.
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