CROSSKEIYNAN LANE ANIMAL SANCTITARY istered with the Charit Commission of Northern Ireland NIC104028 IR Chari No. XR16305 REPORT & FINANCIAL STATEMENTS Year ended 31 March 2024 CROSSKENNAN LANE AIYIMAL SANCTUARY REFERENCE AND ADMINISTRATIVE DETAILS CHARITY REG NO.- NIC104028 COMMITTEE MEMBERS {& CHARITY TRUSTEES) Evelyn Friel Janice Watt Phyllis Ross Frances Patterson Carol Workman Cynthia Kilpatrick (Chairperson) (Vice-chairperson) (Hon Treasurer) (Hon Secretary) (resignedJuly 2024) BIISINESS ADDRESS 26 Crosskennan Lane Ballynoe Antrim Co. Antrim BT412QY BANKERS Danske Bank Ltd 42 High Street Antrim Co Antrim BT414AP INDEPENDENT EXAMINER S J Givan FCA KOIOS NAVIG Ltd Chartered Accounthnts 7 Delamount 5 Dundela Park Belfast BT4 IPH CROSSKENNAN LANE ANIMAL SANCTUARY STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2024 Income and expenditure account 2024 Total 2023 Total Restrictedunrestricted Note INCOME FROM: Charitsble activities.. Legacies General donations and sponsorship Grants Fundraising Investment income 24,166 24,166 39,839 213.242 213,242 160,512 8.731 8,731 16.500 15.718 15,718 6,159 161 234 TOTAL INCOME 262,018 262,018 223,244 EXPENDITURE ON: Charitable activities Animal welfare Establishment costs FundraisRng and publicity Administration 244,593 244,593 234,777 50.217 50,217 46.101 4,151 4,151 7,219 5,254 5,254 6.378 TOTAL EXPENDITURE 304,21 S 304,215 294,475 NET MOVEMENT FOR THE YEAR (42,197) (42,197) (71,231) Reconciliation of funds: OPENING FUNDS 24,326 108,282 132,608 203,839 CLOSING FUNDS 24J26 66,085 90,411 132,608 All of the activities of the organisation are classed as continuing. The organisation has no recognised gains or losses other than those stated in the above Statement of Financial Activities. CROSSKENNAN LANE ANIMAL SANCTUARY BALANCE SHEET AT 31 MARCH 2024 2024 2023 Note FIXED ASSETS 52.833 59.200 CURRENT ASSETS Debtors Bank balances Cash balance 14.633 33,296 25 19,983 67.043 30 47.954 87.056 CURRENT LIABILITIES Creditors and accruals 10,376 13.648 NET CURRENT ASSETS 37,578 73,408 TOTAL ASSETS LESS CURRENT LIABILITIES 90,411 132,608 CAPITAL AND RESERVES Restricted Reserves Unrestricted reserves 10 10 24,326 66,085 24,326 108.282 90,411 132,608 The Accounts set out on pages 5 to l O were approvcd for issue by the committee on 5 December 2024 and signed on its behalf by: E Friel Chairperson P Ross Treasurer CROSSKENNAN LANE ANIMAL SAISCTUARY NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2024 I. ACCOUNTING POLlCtES Basis of aceounting The financial statements are prepared under the historical cost conv¢ntion and in accordance with the Chartties Statement of Recommended Practice (2015). Tangible fixed assets The cost of tangible fixed assets is their purchase cost to&3ether with any incidental costs of acquisition. Depreciation is calculated to ￿TIt¢ off the cost. less their estimated residual value. of fixed assets over their expected useful economic lives at the following rates.. Buildings.. 6.6% Straight line Motor vehicles Straigyht line Plant and equipment Straight line Grants GTants in respect of revenue expenditure are credited to the income and expenditure account in the year they are received unless specifically relating to future expenditure. in which case they are deferred. Capital girants are credited to income and expenditure account and subsequenily transferred to the Capital Fund. Transfers from this fund are then made to the General Fund at the same rate and on the same basis as depreciation is charged on the assets to which the grants relate. IRgacies Legacies are credited to the income and expenditure account at the earlier of the confirmation of the amount receivable and the arnount being received. Donations Donations are credited to the income and expenditure account in the year in which they are received. Donations for capital purposes are similarly treated and subsequently transferred to the Capital Fund. Transfers from this fund are then made to the General Fund at the sam¢ rate as depreciation is charged on the assets to which the donations relate. 2. GOING CONCERN The management committee has reviewed the resources available and believe that the organisation has sufficient resources and creditor support to continue in operational existence for the foreseeable future. Accordingly the organisation continues to adopt the going concern basis in preparing the accounts. CROSSKENNAN LANE ANIMAL SANCTUARY NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2024 3. LEGACIES During the year the undernoted legacies were received:_ 2024 Total 2023 Total Restrictedu n restricted Estate of Alice L Scattergood, dec'd Estate of Margaret Smith, dec'd Estate of David Hanna, dec'd Estate of Brian Morrison, dec'd 2,000 32,839 5,000 24,166 24,166 24,166 24,166 39,839 2023 39,839 39,839 4. GRANTS 2024 Total 2023 Total Restrictedunrestricted God's Way Trust Antrim & Newtowmabbey B C Petplan 1,500 7,500 7,500 3,731 5,000 3,73) 5,000 8.731 8,731 16,500 2023 16,500 16.500 S. TAXATION The Sanctuary is recognised by the Inland Revenue as a charity. reference number XR 16305 and no provision for taxation is therefore considered necessary. CROSSKENNAN LANE ANIMAL SANCTUARY NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2024 6. COMMITTEE MEMBERS, EMOLUMENTS One committee member received emoluments of £1,260 (2023.. £1,194) for providing specialist services and one committee member received £Nil (2023.. £4,716) for providing office and administration services and £600 (2023.. £Nil ) for providingy event facilitation services. No other committee members received any emoluments or expenses. A relative of a committee member received payroll remuneration of £10,482 (2023.. £3,585). 7. FIXED ASSETS Leasehold Plant & Buildings equip Motor vehicle Totsl Cost At l April 2023 Additions Disposals 341,250 37.765 13,674 (6,160) 12,850 391,865 13,674 (6,160) At 31 March 2024 341.250 45,279 12,850 399,379 Depreciation Al l April 2023 Provision for the year Eliminated on disposal 288,828 15,329 32,487 3,612 (5,310) 11.350 332,665 250 19.191 (5.310) At 31 March 2024 304,157 30,789 11.600 346,546 NET BOOK VALUE At 31 March 2024 37,093 14,490 1,250 52,833 At 31 March 2023 55,422 5,278 1,500 59,200 8. DEBTORS 2024 2023 Gift Aid tax due Prepayments 14.433 200 19,983 14,633 19,983 CROSSKENNAN LANE AIYIMAL SANCTUARY NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2024 9. CREDITORS 2024 2023 Creditors PAYE & Ntc Accruals 9.179 12.042 920 686 1.197 10.376 13.648 10. RESERVES Brought Forward Carried Forward Income Expenditure Transfers RESTRICTED: General Fund 24,326 24,326 2023 37. 739 (13.413) 24, 326 UNRESTRICTED: General Fund Capital Fund 100,365 7,917 262.018 (304,215) 7,917 (7,917) 66,085 108,282 262,018 (304,215) 66,085 2023 166,100 223, 244 (281,OC)2) 108.282 Unrestricted General Fund: This represents unrestricted accumulated surpluses. Unrestricted Capital Fund: This represents grants and donations. which are originally treated as restricted and becorne unrestricted once they have been fully utilised for the intended purpose. All grants and donations above are transferred to General Fund at the same rate that depreciation is charged on the relevant assets. JI. RELATED PARTIES The Sanctuary leases the premises it occupies from a committee member on a 'rent, if demanded, basis. The lease, which was due to expire on 30 November 2024. has been extended, on the same terms. until 31 March 2028. 10