**Charity Registration No. NIC 104165** **Company Registration No. NI057064 (Northern Ireland)** ## **COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED** **(A COMPANY LIMITED BY GUARANTEE)** **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 MARCH 2023** ## **GM[c] G PORTADOWN** Chartered Accountants 17 Mandeville Street Portadown Craigavon Co Armagh BT62 3PB **COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **CONTENTS** ||**Page**| |---|---| |Trustees' Annual Report (Including the Directors’ Report)|**1 – 4**| |Independent Examiner’s Report to the Charity Trustees|**5 – 6**| |Statement of Financial Activities (Including Income and Expenditure|| |Account)|**7**| |Statement of Financial Position|**8**| |Notes to the Financial Statements|**9 - 19**| **COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **TRUSTEES' ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT)** ## **FOR THE YEAR ENDED 31 MARCH 2023** The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2023. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charitable company's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). ## **REFERENCE AND ADMINISTRATIVE DETAILS** |**Registered charity name**|County Armagh Grand Orange Lodge| |---|---| ||Community Development Committee Limited| |**Charity registration number**|NIC 104165| |**Company registration**|NI057064| |**number**|| |**Principal office and**|27a Main Street| |**registered office**|Markethill| ||Co Armagh| ||BT60 1PL| |**The trustees**|Mr Thomas David Forbes (resigned 21 November 2022)| ||Mr James Copeland| ||Mr Roger Samuel Alexander Gardiner| ||Mr Denis James Watson| ||Mr William Lawson Burnett (appointed 21 November 2022)| |**Company secretary**|Mr Lewis Samuel Singleton| |**Accountants**|GMcG PORTADOWN| ||Chartered Accountants| ||17 Mandeville Street| ||Portadown| ||Craigavon| ||Co Armagh| ||BT62 3PB| **- 1 -** **COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED** ## **(A COMPANY LIMITED BY GUARANTEE)** **TRUSTEES' ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT) (** _**continued)**_ ## **FOR THE YEAR ENDED 31 MARCH 2023** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The charity is a company limited by guarantee, governed by its Memorandum and Articles of Association dated 1 November 2005. Under the requirement of the Memorandum and Articles of Association, trustees are appointed and retire by rotation every three years at the annual general meeting. The number of trustees is not subject to a maximum but is not less than three. In the event of the company being wound up, members are required to contribute an amount not exceeding £1. The trustees are responsible for the governance and management of the charitable company. ## **CHARITIES COMMISSIONER OF NORTHERN IRELAND – STATEMENT OF COMPLIANCE** The charity has given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the activities entered into during the year have helped to achieve the charity's objectives and activities, as well as providing public benefit. The benefit is recorded by the Charity Commissioner for Northern Ireland as the development of a local community and voluntary sector and the enhanced skills and capacities within the local voluntary and community sector, the resultant development of new community based organisations, new projects of a charitable nature and new community facilities, which enhance the social welfare of the local population. The charity runs a community development project called County Armagh Community Development (CACD) which works with local voluntary and community sector groups within Armagh and surrounding areas providing capacity building support, training and advice to the local voluntary and community sector. CACD promotes community participation, best practice sharing, and partnership working between voluntary organisations and statutory bodies, and also promotes good cross border community relations. The public benefit of these activities is demonstrated by positive feedback from participants of the courses and programmes run by CACD, the growth of the local voluntary and community sector enabled by this support, the increased capacity of the local voluntary and community sector to meet the charitable needs of the local population, and is demonstrated by the many new projects and facilities which the local community and voluntary sector have been able to develop as a result. New community facilities have been developed within County Armagh which provide access for the community to a wider range of educational and recreational facilities, better meeting their needs and enhancing their social welfare, tackling issues of social isolation and lack of facilities which affect rural communities of this type. **- 2 -** **COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED** ## **(A COMPANY LIMITED BY GUARANTEE)** **TRUSTEES' ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT) (** _**continued)**_ ## **FOR THE YEAR ENDED 31 MARCH 2023** ## **CHARITIES COMMISSIONER OF NORTHERN IRELAND – STATEMENT OF COMPLIANCE** _**(continued)**_ The charity, through its project CACD, has been instrumental in encouraging and supporting the voluntary and community sector within County Armagh and surrounding areas to develop new community facilities in rural areas where there was previously a lack of adequate facilities and amenities. It has also encouraged the development of wider community use of existing buildings and facilities, including local orange halls, bringing them into fuller community use, providing new facilities, amenities and activities for the benefit of the entire local community. The public benefit is evidenced through the improvement in available local community facilities and amenities and the wider range of activities and facilities now available at community premises, such as educational classes, recreational and sporting facilities, creche facilities for children. The charity works to increase knowledge amongst the public concerning Orange heritage and culture and the history of the local area. The charity runs Sloan's House, Loughgall, County Armagh, a building of special historical interest, which is open to the public as an Interpretive Centre and Museum. The public benefit is evidenced through the numbers visiting the museum and interpretive centre and the feedback from visitors. There is no harm from any of the charity's purposes. The charity's beneficiaries are the public within County Armagh and surrounding areas of Northern Ireland and the Republic of Ireland. ## **OBJECTIVES AND ACTIVITIES** The charity’s CACD project works with local voluntary and community sector groups within Armagh and surrounding areas providing capacity building support, training and advice to the local voluntary sector. CACD also works with the local voluntary sector to develop community facilities for the benefit of the local population. It promotes community participation, best practice sharing, partnership working between the voluntary sector and statutory bodies, and good cross border community relations. The charity also runs Sloan's House, Loughgall, County Armagh, a building of special historical interest, as an interpretive centre and museum, which is open to the public. ## **ACHIEVEMENTS AND PERFORMANCE** During the year, the charity continued to run CACD and Sloan's House. ## **FINANCIAL REVIEW** The charity's net outgoing restricted funds for the year are £17,972 (2022 - outgoing £47,462) which will be deducted from funds brought forward. The charity's net outgoing unrestricted funds for the year are £4,131 (2022 – incoming £4,764) which will be deducted from funds brought forward. At the Statement of Financial Position date, the charity held restricted funds of £980,320 and unrestricted funds of £84,408. **- 3 -** COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. ANNUAL REPORT (INCLUDING DIRECTORS, REPORT) (continued) FOR THE YEAR ENDED 31 MARCH 2023 RESERVES POLICY The level of free reserves at the year end (excluding restricted reserves) was £84,408 (2022 - £88,539). The trustees aim to retain sufficient reserves to meet any commitments that may have been entered into and ongoing running and maintenance costs in connection with its activities. RISK MANAGEMENT The trustees have considered the major risks which the charity faces and are satisfied that they have adequately mitigated significant risks as far as possible. GOING CONCERN The trustees have reviewed the position of the charity and are of the opinion that the charity will continue in its activities in the foreseeable future and therefore the accounts should be prepared on a going con￿rn basis. SMALL COMPANY PROVISIONS In preparing this report, the trustees have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006. The trustees, annual report was approved on 21 December 2023 and signed on behalf of the board of trustees by" Mr Lewi Singleton Charity Secretary CHARTERED AeeouNTANTS COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMirrEE LIMITED {A COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE CHARITY TRUSTEES OF COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED FOR THE YEAR ENDED 31 MARCH 2023 I report to the trustees on my examination of the financial statements of County Armagh Grand Orange Lodge Community Development Committee Limited (the charitable company) for the year ended 31 March 2023. Respective responsibilities of charity trustees and examiner As the charity trustees (and also the directors of the company for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act). It is my responsibility to= examine the financial statements under section 65 of the Charities Act (Northern Ireland) 2008; follow the procedures laid down in the general Directions given by the Charity Commission for Northem Ireland under section 65(9)(b) of the Act" and state whether particular matters have come to my attention. Basis of independent examinerfs report I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charitable company as required by section 386 of the 2006 Act; or 2 the financial statements do not accord with those records" or 3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination" or 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 17 Mandeville Street PORTADOWN Alfred Hottse 19 Alfred Streei BEtFASr Fr2 8EQ DX3910 NR Belfast 50 cell￿rI. House 40 cre$￿￿t Business Park LISBLTR r28 2G Craigavon BT62 3PB Tel: +44 (0)28 3833 2801 Fax:+44 (0)28 3835 0293 Tel= +44 (0)28 9031 JJ13 Fax.. +44 {0)28 903107T7 Tel: +44 (0)28 9260 7355 Fax: +44 {0)28 9260 1656 Regi5tetedtocondurtavdit workby ihe lrn%titiite0lCbthetEdA￿￿ukDtsi￿I1¢I1TrJ CHASLTERED ACCOUNTANTS COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMirrEE LIMITED (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE CHARITY TRUSTEES OF COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED (continued) FOR THE YEAR ENDED 31 MARCH 2023 Independent examinerfs statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Gillian Johnston ACA GM¢G PORTADOWN Chartered Accountants 17 Mandeville Street Portadown Craigavon Co Armagh BT62 3PB Date.. 17 Mand￿TrI]e Street Alfred House 19.4tfred Street BELFAsf BT2 8EQ DX3910 NR Belfast 50 CentsRrli House 40 Croscent Business Park USBL.ILN r28 2GN C￿gaV0n BT62 3PB Tel: +44 (0)28 3833 2801 F&¥:+44 (0)28 3835 0293 Tel- +44 (0)28 9031 1113 Fax". +M {0}28 9031 OTn Tel: +44 (0)28 9260 7355 Fax: +H (0)28 9260 1656 GbfcG ￿ atradin8natDeofGMcQGroup timited. Rt¥N¢Y.N[OS96￿. Ia5tofthredwsava￿a[￿atrte￿eru1 Reystertd toeonowtallditw**£**|**£**|**£**|£| |**Income and endowments from:**|||||| |Donations and legacies|**4**|
10,240|250|**10,490**|6,640| |Charitable activities|**5**|
-|167,270|**167,270**|111,264| |Other trading activities|**6**|
7,320|-|**7,320**|8,081| |Other income|**7**|
654|225|**879**|6,571| |||-------------------------------|----------------------------------------------|----------------------------------------------|----------------------------------------------| |**Total income**||18,214|167,745|**185,959**|132,556| |||-------------------------------|----------------------------------------------|----------------------------------------------|----------------------------------------------| |**Expenditure on:**|||||| |Raising funds:|||||| |Costs of other trading|||||| |activities|**8**|
(3,689)|-|**(3,689)**|(3,087)| |Charitable activities|**9,10**|
(18,656)|(185,717)|**(204,373)**|(172,167)| |||-------------------------------|----------------------------------------------|----------------------------------------------|----------------------------------------------| |**Total expenditure**||(22,345)|(185,717)|**(208,062)**|(175,254)| |||-------------------------------|----------------------------------------------|----------------------------------------------|----------------------------------------------| |**Net expenditure and net movement in**|||||| |**funds**||(4,131)|(17,972)|**(22,103)**|(42,698)| |||-------------------------------|----------------------------------------------|----------------------------------------------|----------------------------------------------| |**Reconciliation of funds**|||||| |Total funds brought forward||88,539|998,292|**1,086,831**|1,129,529| |||-------------------------------|----------------------------------------------|----------------------------------------------|----------------------------------------------| |**Total funds carried forward**||84,408|980,320|**1,064,728**|1,086,831| |||===============================|==============================================|==============================================|==============================================| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. **- 7 -** COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31 MARCH 2023 2023 2022 Note FIXED ASSETS Tangible fixed assets CURRENT ASSETS Debtors Stocks Cash at bank and in hand 15 1,015,567 1,061,913 16 1,393 2,400 74,212 193 2,650 68,683 78,005 71,526 (28,844) (46,608) 49,161 24,918 CREDITORS: amounts falling due within one year NET CURRENT ASSETS 17 TOTAL ASSETS LESS CURRENT LIABILITIES 1,064,728 1,086,831 1,064,728 1,086,831 NET ASSETS FUNDS OF THE CHARITY Restricted funds Unrestricted funds 18 18 980,320 84,408 998,292 88,539 Total charity funds 19 1,064,728 1,086,831 The charity is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2023. The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of its incoming resources and application of reSoUr￿s, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charity. The members have not required the charity to obtain an audit of its financial statements for the year in question in accordan￿ with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the trustees on 21 December 2023 Mr Roger Gardiner Trustee Company Registration No. N1057064 **COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31 MARCH 2023** ## **1. ACCOUNTING POLICIES** ## **Charity information** The charity is a private company limited by guarantee, registered in Northern Ireland and a registered charity in Northern Ireland. The address of the registered office is 27a Main Street, Markethill, Co Armagh, BT60 1PL. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity’s governing document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2019). The charitable company is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subject to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds. **- 9 -** **COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED** ## **(A COMPANY LIMITED BY GUARANTEE)** **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **FOR THE YEAR ENDED 31 MARCH 2023** ## **1. ACCOUNTING POLICIES** _**(continued)**_ ## **1.4 Incoming resources** All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - • income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. ## **1.5 Resources expended** Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. **- 10 -** **COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED** ## **(A COMPANY LIMITED BY GUARANTEE)** **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **FOR THE YEAR ENDED 31 MARCH 2023** ## **1. ACCOUNTING POLICIES** _**(continued)**_ ## **1.6 Tangible assets** Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. ## **1.7 Depreciation** Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Freehold land and buildings - straight line over 30 years Equipment - 10% reducing balance to 20% straight line ## **1.8 Impairment of fixed assets** A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. ## **1.9 Stocks** Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition. **- 11 -** **COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED** ## **(A COMPANY LIMITED BY GUARANTEE)** **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **FOR THE YEAR ENDED 31 MARCH 2023** ## **1. ACCOUNTING POLICIES** _**(continued)**_ ## **1.10 Financial instruments** A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. **- 12 -** **COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED** ## **(A COMPANY LIMITED BY GUARANTEE)** **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **FOR THE YEAR ENDED 31 MARCH 2023** ## **1.11 Defined contribution plans** Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. ## **1.12 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. ## **2. CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS** In the application of the charitable company’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. ## **Key sources of estimation uncertainty** The estimations and assumptions which have a significant risk of causing a material adjustment to the carrying of assets and liabilities are as follows:- ## **Fixed assets** The annual depreciation charge on fixed assets depends primarily on the estimated lives of each type of asset and estimates of residual values. The trustees regularly review these asset lives and change them as necessary to reflect current thinking on remaining lives in light of prospective economic utilisation and physical condition of the assets concerned. Changes in asset lives can have a significant impact on depreciation and amortisation charges for the period. Detail of the useful lives is included in the accounting policies. ## **3. LIMITED BY GUARANTEE** The company was originally incorporated under the Companies (Northern Ireland) Order 1986 and is limited by guarantee. The company is governed by its Memorandum and Articles of Association and in the event of the company being wound up, members are required to contribute and amount not exceeding £1. **- 13 -** ## **COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED** ## **(A COMPANY LIMITED BY GUARANTEE)** **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **FOR THE YEAR ENDED 31 MARCH 2023** ## **4. DONATIONS AND LEGACIES** ||||**Total**|||Total| |---|---|---|---|---|---|---| ||Unrestricted|Restricted|**funds**|
Unrestricted|Restricted|funds| ||funds|funds|**2023**|
funds|funds|2021| ||£|£|**£**|
£|£|£| |**DONATIONS**||||||| |Donations|10,240|250|**10,490**|6,640|-|6,640| ||=============================|=======================|================================|=============================|=======================|================================| ## **5. CHARITABLE ACTIVITIES** |**CHARITABLE ACTIVITIES**||| |---|---|---| |||**Total**| ||Restricted|**funds**| ||funds|**2023**| ||£|£| |Armagh, Banbridge & Craigavon Borough Council|8,947|**8,947**| |Department for Communities|70,158|**70,158**| |SECAD Partnership|7,432|**7,432**| |International Fund for Ireland|57,378|**57,378**| |Nationwide|5,000|**5,000**| |Awards for All|5,113|**5,113**| |Sir George Earle Fund|2,790|**2,790**| |Co-operation Ireland|3,350|**3,350**| |Rural Action|1,000|**1,000**| |Halifax Foundation|4,160|**4,160**| |Community Foundation NI|1,942|**1,942**| ||------------------------------------|------------------------------------| ||167,270|**167,270**| ||====================================|====================================| |||Total| ||Restricted|funds| ||funds|2022| ||£|£| |Armagh, Banbridge & Craigavon Borough Council|9,055|9,055| |Department for Communities|68,190|68,190| |SECAD|4,671|4,671| |The Executive Office|14,912|14,912| |Public Health Agency|1,190|1,190| |Awards for All|4,876|4,876| |SEUPB|5,220|5,220| |Co-operation Ireland|3,150|3,150| ||------------------------------------|------------------------------------| ||111,264|111,264| ||====================================|====================================| **- 14 -** **COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **FOR THE YEAR ENDED 31 MARCH 2023** ## **6. OTHER TRADING ACTIVITIES** |**OTHER TRADING ACTIVITIES**||||| |---|---|---|---|---| |||**Total**||Total| ||Unrestricted|**funds**|
Unrestricted|funds| ||funds|**2023**|
funds|2022| ||£|**£**|
£|£| |Museum admission fees and shop||||| |sales|2,841|**2,841**|
4,998|4,998| |Rent|4,479|**4,479**|
3,083|3,083| ||----------------------------|-----------------------------|------------------------------------|------------------------------------| ||7,320|**7,320**|
8,081|8,081| ||===========================|=============================|===============================|===============================| ## **7. OTHER INCOME** ||||**Total**|||Total| |---|---|---|---|---|---|---| ||Unrestricted|Restricted|**funds**|
Unrestricted|Restricted|funds| ||funds|funds|**2023**|
funds|funds|2022| ||£|£|**£**|
£|£|£| |Investment income|
-|-|**-**|27|-|27| |Department of||||||| |Finance – Covid||||||| |Support|-|-|**-**|6,058|-|6,058| |Sundry income|654|225|**879**|486|-|486| ||---------------|---------------------------|----------------------------------|----------------------------------|--------------|----------------------------------| ||654|225|**879**|6,571|-|6,571| ||================|==========================|==================================|==================================|==============|==================================| ## **8. COSTS OF OTHER TRADING ACTIVITIES** |||**Total**||Total| |---|---|---|---|---| ||Unrestricted|**funds**|Unrestricted|funds| ||funds|**2023**|funds|2022| ||£|**£**|£|£| |Shop costs - opening stock|2,650|**2,650**|3,000|3,000| |Shop costs - purchases|3,439|**3,439**|2,737|2,737| |Shop costs - closing stock|(2,400)|**(2,400)**|
(2,650)|(2,650)| ||--------------------------|**--------------------------**|--------------------------|--------------------------| ||3,689|**3,689**|3,087|3,087| ||==========================|**==========================**|==========================|==========================| **- 15 -** **COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED** ## **(A COMPANY LIMITED BY GUARANTEE)** **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **FOR THE YEAR ENDED 31 MARCH 2023** ## **9. EXPENDITURE ON CHARITABLE ACTIVITIES BY FUND TYPE** |||||**Total**| |---|---|---|---|---| ||Unrestricted||Restricted|**funds**| |||funds|funds|**2023**| |||£|£|£| |Co Armagh Community Development|(CACD)|57|138,857|**138,914**| |Co Armagh Grand Orange Lodge (CAGOL)||18,599|46,860|**65,459**| |||-------------------------------|------------------------------------|------------------------------------| |||18,656|185,717|**204,373**| |||===============================|====================================|====================================| |||||Total| ||Unrestricted||Restricted|funds| |||funds|funds|2022| |||£|£|£| |Co Armagh Community Development|(CACD)|15|112,116|112,131| |Co Armagh Grand Orange Lodge (CAGOL)||13,426|46,610|60,036| |||-------------------------------|------------------------------------|------------------------------------| |||13,441|158,726|172,167| |||===============================|====================================|====================================| |**EXPENDITURE ON CHARITABLE ACTIVITIES BY**||**ACTIVITY**|**TYPE**|| ||||**Total**|Total| ||Direct|Support|**funds**|funds| ||costs|costs|**2023**|2022| ||£|£|**£**|£| |Co Armagh Community Development||||| |(CACD)|119,893|
19,021|**138,914**|112,131| |Co Armagh Grand Orange Lodge||||| |(CAGOL)|4,196|
61,263|**65,459**|60,036| ||------------------------------------|------------------------------------|------------------------------------|------------------------------------| ||124,089|
80,284|**204,373**|172,167| ||====================================|====================================|====================================|====================================| |**DIRECT AND SUPPORT COSTS BY**|**CATEGORY**|||| |**Direct**||||| ||||**Total**|Total| ||CACD|CAGOL|**2023**|2022| ||£|£|**£**|£| |Salaries and NIC|86,826|-|**86,826**|68,034| |Employee pension|4,540|-|**4,540**|4,120| |Education and programme|23,762|-|**23,762**|17,659| |Venue hire and catering|25|994|**1,019**|516| |Insurance|1,443|3,202|**4,645**|4,019| |PR and marketing|1,544|-|**1,544**|1,107| |Travel expenses and coach hire|1,753|-|**1,753**|1,128| ||-----------------------------------------|-----------------------------|-----------------------------------------|-----------------------------------------| ||119,893|4,196|**124,089**|96,583| ||========================================|=============================|========================================|========================================| ## **10. EXPENDITURE ON CHARITABLE ACTIVITIES BY ACTIVITY TYPE** ## **11. DIRECT AND SUPPORT COSTS BY CATEGORY** ## **Direct** **- 16 -** **COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED** ## **(A COMPANY LIMITED BY GUARANTEE)** **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **FOR THE YEAR ENDED 31 MARCH 2023** ## **11. DIRECT AND SUPPORT COSTS BY CATEGORY** _**(continued)**_ ## **Support** |**Support**||||| |---|---|---|---|---| ||||**Total**|Total| ||CACD|CAGOL|**2023**|2022| ||£|£|**£**|£| |Office costs|16,051|13,096|**29,147**|24,276| |Finance costs|108|57|**165**|96| |Professional costs|1,980|1,500|**3,480**|3,619| |Depreciation|882|46,610|**47,492**|47,593| ||-----------------------------------------|-----------------------------------------|-----------------------------------------|---------------------------------------| ||19,021|61,263|**80,284**|75,584| ||========================================|========================================|========================================|======================================| ## **12. NET EXPENDITURE** Net expenditure is stated after charging/(crediting): ||**2023**|2022| |---|---|---| ||**£**|£| |Depreciation of tangible fixed assets|**47,492**|47,593| ||===============================|===============================| ## **13. STAFF COSTS** The total staff costs and employee benefits for the reporting period are analysed as follows: |follows:||| |---|---|---| ||**2023**|2022| ||**£**|£| |Wages and salaries|**86,826**|68,034| |Employer contributions to pension plans|**4,540**|4,120| ||-------------------------------|-------------------------------| ||**91,366**|72,154| ||===============================|===============================| |The average number of employees during the year is analysed as follows:||| ||**2023**|2022| ||**No.**|No.| |Number of staff – administrative|**5**|4| ||===============|===============| The average number of employees during the year is analysed as follows: No employee received employee benefits of more than £60,000 during the year (2022 - none). **- 17 -** **COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED** ## **(A COMPANY LIMITED BY GUARANTEE)** **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **FOR THE YEAR ENDED 31 MARCH 2023** ## **14. TRUSTEE REMUNERATION AND EXPENSES** The trustees did not receive any remuneration in the current or prior year nor did they receive any expenses. One trustee received reimbursement of expenses totalling £52 (2022 - none). ## **15. TANGIBLE FIXED ASSETS** |**TANGIBLE FIXED ASSETS**|||| |---|---|---|---| ||Land and||| ||buildings|Equipment|**Total**| ||£|£|**£**| |**Cost**|||| |At 1 April 2022|1,359,947|54,097|**1,414,044**| |Additions|-|1,146|**1,046**| ||----------------------------------------------|-------------------------------|----------------------------------------------| |**At 31 March 2023**|1,359,947|55,243|**1,415,190**| ||==============================================|===============================|==============================================| |**Depreciation**|||| |At 1 April 2022|305,988|46,143|**352,131**| |Charge for the year|45,332|2,160|**47,492**| ||----------------------------------------------|-------------------------------|----------------------------------------------| |**At 31 March 2023**|351,320|48,303|**399,623**| ||==============================================|===============================|==============================================| |**Carrying amount**|||| |**At 31 March 2023**|1,008,627|6,940|**1,015,567**| ||==============================================|===============================|==============================================| |At 31 March 2022|1,053,959|7,954|**1,061,913**| ||==============================================|===============================|==============================================| |**DEBTORS**|||| |||**2023**|2022| |||**£**|£| |Social security and other taxes||**721**|193| |Other debtors||**672**|-| |||**-------------------------------**|--------------------| |||**1,393**|193| |||===============================|===================| |**CREDITORS:** **amounts falling due within one year**|||| |||**2023**|2022| |||**£**|£| |Accruals||**3,000**|3,250| |Other creditors||**25,844**|25,844| |Deferred income||**-**|17,514| |||**-------------------------------**|-------------------------------| |||**28,844**|46,608| |||===============================|===============================| ## **16. DEBTORS** ## **17. CREDITORS: amounts falling due within one year** **- 18 -** **COUNTY ARMAGH GRAND ORANGE LODGE COMMUNITY DEVELOPMENT COMMITTEE LIMITED** ## **(A COMPANY LIMITED BY GUARANTEE)** **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **FOR THE YEAR ENDED 31 MARCH 2023** ## **18. ANALYSIS OF CHARITABLE FUNDS** **Unrestricted funds** |**Unrestricted funds**||||| |---|---|---|---|---| |||||**At**| ||At|||**31 March**| ||1 April 2022|
Income|Expenditure|**2023**| ||£|
£|
£|**£**| |General funds|88,539|
18,214|
22,345|**84,408**| ||===============================|===============================|===============================|===============================| |**Restricted funds**||||| |||||**At**| ||At|||**31 March**| ||1 April 2022|
Income|Expenditure|**2023**| ||£|
£|
£|**£**| |Restricted funds|998,292|
167,745|
185,717|**980,320**| ||==============================================|====================================|====================================|==============================================| |**ANALYSIS OF NET ASSETS**|**BETWEEN FUNDS**|||| |||||**Total**| |||Unrestricted|
Restricted|**funds**| |||funds|
funds|**2023**| |||£|
£|£| |Tangible fixed assets||-|
1,015,567|**1,015,567**| |Net current assets||84,408|
(35,247)|**49,161**| |||-------------------------------|----------------------------------------------|----------------------------------------------| |||84,408|
980,320|**1,064,728**| |||===============================|==============================================|==============================================| |||||**Total**| |||Unrestricted|
Restricted|**funds**| |||funds|
funds|**2022**| |||£|
£|£| |Tangible fixed assets||-|
1,061,913|**1,061,913**| |Net current assets||88,539|
(63,621)|**24,918**| |||-------------------------------|----------------------------------------------|----------------------------------------------| |||88,539|
998,292|**1,086,831**| |||===============================|==============================================|==============================================| ## **19. ANALYSIS OF NET ASSETS BETWEEN FUNDS** ## **Purposes of restricted funds** CACD’s restricted funds are used to support the running costs relating to its community activities. CAGOL’s restricted funds are used to support the work of Sloan’s House. ## **20. RELATED PARTY TRANSACTIONS** There were no disclosable related party transactions during the year (2022 - none). **- 19 -**