Carrickfergus Community Forum (A COMPANY LIMITED BY GURANTEE) Trustees Annual Report and Unaudited Financial Statements for the year ended 31 March 2024 *ADIDIBGG• 2011212024 COMPANIES HOUSE A56
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Registered Charity in Northern Ireland (NIC1045501 Company reglstratlon number (N1608232) Pagell
Carrickfergus Community Forum (A Company Limited by Guarantee) Flnancial Statements Year ended 31 March 2024 Contents TRUSTEES REPORT.......... . CHARITY REFERENCE AND ADMINISTRATIVE DETAILS.................... ....... ............................................... STRUCTURE. GOVERNANCE AND MANAGEMENT................................................................................... OBJECTIVES AND ACTIVITIES.................................................................................................................... ACHIEVEMENTS AND PERFORMANCE.. FINANCIAL REVIEW.. .. . . ..... INDEPENDENT EXAMINER.... INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF CARRICKFERGUS COMMUNITY FORUM...... STATEMENT OF FINANCIAL ACTIVITY (INCLUDING INCOME AND EXPENDITURE ACCOUNT). .11 BALANCE SHEET .... .12 NOTESTOTHE ACCOUNTS..........................................................................................................................14 21 Page
Carrickfergu5 Community Forum (A Company Limited by Guarantee) TRUSTEES REPORT Year ended 31 March 2024 CHARITY REFERENCE AND ADMINISTRATIVE DETAILS Registered charity name Carrickfergus Community Forum Charity registration number NIC104550 Company registration number N1608232 Principal office Carrickfergus Community Forum 31 Lancasterian Street Carrickfergus Co Antrim BT38 7AB The trustees Mr B Dornan Ms A Mayne Mr D Mccoubrey Mr G Clarke Mr J Mccaw Mr J Simms Ms P Johnston Ms L Morris Mr A Rainey (Resigned 31st July 2023) Company secretary None Independent examiner Simon Hopper F.C.A. Hopper & Co 6 Doagh Road Ballyclare BT39 9BG
Carrickfergus Community Forum (A Company Limited by Guarantee) TRUSTEES REPORT Year ended 31 March 2024 STRucfuRE, GOVERNANCE AND MANAGEMENT Organisational structure Carrickfergus Community Forum (The Forum) was established as a company limited by guarantee under a Memorandum of Association which established the objects and powers of the company and is governed under it5 Articles of Association. The Forum is governed by the Board of Directors. The Board of Directors, who are elected members, consist of thirteen elected persons. Every year one third of the elected directors retire by rotation. The directors to retire are those who have been longest in office since their last election. A retiring director is eligible for re-election. New directors are briefed on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision making process, the organisational plan and recent performance of the Forum. They are free to discuss any issues with other directors or key employees. Directors are encouraged to attend any appropriate external training events where these will facilitate the undertaking of their role. Janice Cherry is appointed to supeniise the day to day operations of the company. The directors who served The Forum are detailed on page l. The Forum is limited by guarantee. Risk Management The directors have actively reviewed the major risks which the charity faces and believe that maintainin8 the unrestricted reserves at the require levels to finance the working capital and continue the charity's activities on a short term basis, combined with the annual review of controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The directors have also examined other business and operational risks which the Forum faces and confirm that they have established systems to mitigate significant risks. 41 Page
Carrickfergus Community Forum (A Company Limited by Guarantee) TRUSTEES REPORT Year ended 31 March 2024 OBJEcfivES AND ACTIVITIES (A) Purposes The Charitws objects {"Objects"l are specifically restricted to the following:_ 11) The advancement of community development in the Carrickfergus Borough and district area of County Antrim (the "area of benefit") and in particular the promotion of the community and voluntary sector for the benefit of the public by providing training, support, information, facilities and amenities to, and promote good practice among, community and voluntary groups. 12) To provide and maintain a Forum where member organisations can join together to find mutual support, exchange views, share common issues and information, create a collective voice for the community and voluntary sector and work in partnership with statutory agencies and authorities, (3) To advance education and training. (4) To promote good community relations, reli8i0U5 and racial harmony and equality and diversity. The main attivities undertaken to further these aims are outlined in the "Achievements and Performance" section of this report. ACHIEVEMENTS AND PERFORMANCE In the period April 2023 to March 2024 Carrickfergus Community Forum {CCF) achieved in excess of the agreed targets and was able to implement programmes at short notice in response to emergent community needs. The main focus of CCF is community development and capacity building, therefore much of the activity relates to delivering this objective. CCF has engaged with Impatt Training/Belfast Works Connect who are based on the premises two days per week and deliver a variety of course5 for residents across Mid & East Antrim. In this reporting period CCF has delivered a wide ran8e of training and awareness sessions as detailed below. 51 Page
Carrickfergus Community Forum (A Company Limited by Guarantee) TRUSTEES REPORT Year ended 31 March 2024 . Skills development- ICT/DIY etc Castle Tapestry Project Suicide intervention training Leadership Programme JC Impact Training/Belfast Works Airfryer demo . Connect Foetal alcohol workshops Safekeeping and governance Drummin8 workshop Training Carers courses Marshalling tralning Health Screening Self Care Yoga Recovery College Wax melts Alzheimers Information Session Inspire sessions Mood matters and Living life to the Full Tea Dances Community Development activities have included hostin8 of information sessions on varlous toplcs relating to the history and culture of Northern Ireland including the Good Friday Agreement. These have been well received by all participants. The Directors carried out a review of the Strategic Plan for CCF and the incoming year will see a focus on achieving these objectives. We continue to host a range of support organisations to enable local access to much needed services, preventing the need to travel outside the area so that people are not excluded from support through lack of means or access to transport. AWARE Defeat Depression Ladies Craft Drop in Group Compa55ionate Friends AAVS Counselling . Men's Support Group NHSCT Bereaved by Suicide RNIB Music sessions Counselling
Carrickfergus Community Forum (A Company Limited by Guarantee) TRUSTEES REPORT Year ended 31 March 2024 Cornerstone Adult Addiction Service An important aspect of the work undertaken by CCF is to maintain existing and develop new networking opportunities for groups and individuals in the Mid & East Antrim Area. In furtherance of this objective CCF hold bi-monthly Board Meetings to share best practice and keep up to date with relevant local developments. During this reporting period CCF has engaged with various groups and organisations at both local and regional levels with representation by CCF at various conferences, think tanks, and community events aimed at developing future programs for the delivery of community development initiatives. CCF is represented on the following panels: Community Development Network Forum Community Plannin8 Dublin Think Tank Pleace Plus co design Funding clinic lottery Greenisland re8eneration committee FINANCIAL REVIEW The Forum is a non-profit organisation. The Statement of Financial Activities shows Deficit of £5,636. (2023 - expenditure of £12,429). At 31 March 2024 the total funds of the charity amounted to £88,875 comprising restricted funds of £13,062 and unrestricted funds of £75,813. The majority of income received by the Forum is ear marked by the donors for specific projects (restricted income). Other income generated by the Forum is generallv unrestricted and can be used to finance running costs.
Carrickfergus Community Forum (A Company Limited by Guarantee) TRUSTEES REPORT Year ended 31 March 2024 Reserves Policy The Trustees have considered in their assessment of risks faced by the Forum the need to hold unrestricted reserves. They aim to hold at least 6 months costs in reserve to allow time to source alternative funding should a major source of funds bring their support to an end. Reserves are currently in excess of 6 months costs. Plans for future periods Carrickfer8us Communlty Forum will implement the aims and objectives of the Strategic Plan for 2023- 2025 and will continue to secure resources enabling the delivery of capacity building and communlty development opportunities for the local community. CCF will further develop relationships and partnership working opportunities with local agencies and community organisations to reduce duplication and ensure effective service delivery in the areas of Carrickfergus, Greenisland and Whitehead. Small company provisions This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. INDEPENDENT EXAMINER Hopper & Co.. have indicated their willingness to remain in office and a resolution for their re-election will be proposed at the forthcoming Annual General Meeting. The trustee's annual report was approved on 12th December 2024 and signed on behalf of the board of trustees by: Mr B Dornan Trustee 81 Page
Carrickfergus Community Forum (A Company Limited by Guarantee) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CARRICKFERGUS COMMUNITY FORUM YEAR ENDED 31 March 24 I report on the financial statements of Carrickfergus Community Forum I'the charity,) for the year ended 31st March 2024. Responslbllltles and basis of report As the trustees of the company (and also its directors for the purposes of company law) you are responsible'for the preparation of the financial statements in accordance with the requirements of Charities Act (Northern Ireland) 2008 (the '2008 Act,) and the Companies Act 20061'the 2006 Act'l. You are satisfied that the accounts of the company are not required by charity or company law to be audited and have chosen instead to have an independent examination. Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's financial statements as carried out under section 65 of the 2008 Act. In carrying out my examination I have followed the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b> of the 2008 Act INDEPENDENT EXAMINER'S STATEMENT I have completed my examination. I confirm that no matters have come to my attention in connection with my examination giving me cause to believe that in any material respect: (l) Accounting records were not kept in respect of the charity 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 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>. 91Page
Carrickfergus Community Forum (A Company Limited by Guarantee) INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF CARRICKFERGUS COMMUNITY FORUM YEAR ENDED 31 March 24 I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. S Hopper FCA Partner Hopper & Co 101 Page
Carrickfergus Community Forum (A Company Limited by Guarantee) STATEMENT OF FINANCIAL AcfiviTY (INCLUDING INCOME AND EXPENDITURE ACCOUNT) for the year ended 31 March 2024 Note Unrestricted Funds Restrirted Funds Total 2024 Total 2023 Incorne from: Donations and legacies Other trading activities Investment Income 113,577 297 113,577 2,257 686 134,531 2,717 138 1,960 686 Total Income 2,646 113,874 116,520 137,386 Expenditure on: Charitable activities 6,441 115,714 122,155 124,957 Total Expenditure 6,441 115,714 122,155 124,957 Net Income 13,795) {1,8401 {5,635) 12,429 Net movement In funds Funds brought forward 13,795) 79,684 {1,8401 14,827 (5,635) 94,511 12,429 82,082 Funds carr.ied forward 12 75,889 12,987 88,876 94,511 All income and expenditure derive from continuing activities. The statement of financial activities includes all gains and losses recognised during the year. 111 Page
Carrickfergus Community Forum (A Company Limited by Guarantee) BALANCE SHEET As at 31 March 2024 Note 2024 2023 Fixed Assets Tangible Fixed Assets Total fixed as5et5 10 16,789 16,789 15,598 15,598 Current Assets Cash and cash equivalent5 Total current assets 90,770 90,770 96,490 96,490 Creditors: amounts falling due wlthin one year Total Creditors 11 18,683 18,683 17,577 17,577 Net Current Assets 72,087 78,913 Total Net Assets 88,876 94,511 Funds of the charlty Restricted funds Unrestricted Funds Total charity funds 12 12,987 75,889 88,876 14,827 79,684 94,511 For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors responsibilities: The rnembers have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companie5 subject to the small companies, regime. 121 Page
These financial statements were approved by the board of trustees and authorised for issue on 12th December 2024 and are signed on behalf of the board by: Mr B Dornan Trustee The notes on pages 14 to 25 form part of these financial statements. 131Page
Carrickfergus Community Forum (A Company Limited by Guarantee) NOTESTO THE ACCOUNTS for the year ended 31 March 2024 I. ACCOUNTING POLICIES General information The charity constitutes a public benefit entity as defined by FRS 102. The address of the principal office is 31 Lancasterian Street, Carrickfergus, Co Antrim, BT38 7AB. Statement of compliance The financial statements have been prepared in accordance with the accounting policies set out in notes to the financial statements and applicable accounting standards, 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 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102 Section IA), the charity's governin8 document, the Charities Act (Northern Ireland) 2008, Charities Act {Northern Ireland) 2013 , The Charities {Accounts and Reports) Regulations (Northern Ireland) 2015, and UK Generally Accepted Practice. The financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are prepared in sterlin8 which is the functional currency of the charity rounded to the nearest £1. The significant accounting policies applied in the preparation of these financial statements are set out below. The trustees consider that these policies are suitable, have been consistently applied and are supported by reasonable and prudent judgements and estimates. FUND ACCOUNTING The charity has various types of funds for which it is responsible, and which require separate disclosure. A definition of the various types of funds is as follows- Restricted funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (b) revenue donations or grants for a specific charitable activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual fund5 on an average balance basis. 141 Page
Carrickfergus Community Forum (A Company Limited by Guarantee) NOTES TO THE ACCOUNTS {cont'd) 31 March 2024 Unrestricted funds are funds which are expendable at the discretion of the Charity in furtherance of its objectives. In addition to expenditure on activities such funds may be held in order to finance capital investment and working capital. Designated funds are general funds set aside by the trustees for use in the future. INCOMING RESOURCES All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably, and it is probable that the income will be received. For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained, then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity, and it is probable that they will be fulfilled. Voluntary income received by way of donations and gift is credited to revenue on a receivable basis. The charity receives grants in respect of support services. Income from government and other grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received, and the amount can be measured reliably. If entitlement is not met, then these amounts are deferred, Revenue grants are credited to incoming resources on the earlier date of when they are received or when they are receivable unless they relate to a specified future period. Other income represents income that cannot be reported under the other analysis headings provided within the SOFA. Incoming resources with related expenditure Where incoming resources have related expenditure (as with insurance proceed5> the incoming resources and related expenditure are reported gross in the SOFA. Grants and donatlons Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources. 151Page
Carrickfergus Community Forum IA Company Limited by Guarantee) NOTES TO THE ACCOUNTS (cont'd) 31 March 2024 Tax reclaims on donations and 85fts Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate. Contractual Income and performance related grants This is only included in the SOFA once the related goods or services have been delivered. Glfts In klnd Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incomin8 resources when receivable. Donated servlces and facllltles These are only included In incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value place on these resources is the estimated value to the charity of the service or facility received. (vll) Investment income This is included in the accounts in the period to which it relates. (vlll) Investment galns and losses This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. EXPENDITURE AND LIABILITIES All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. It is cate8orised under the following headings: Expenditure on charitable activities comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries and includes salary costs, support service expenses, and an apportionment of support costs; Other expenditure represents those items not falling into the categories above. 161 Page
Carrickfergus Community Forum (A Company Limited by Guarantee) NOTES TO THE ACCOUNTS (cont'd) 31 March 2074 Liability recognition Liabilities are recognised where there is a legal or constructive obligation to make payment5 to third parties, it is probable that the settlement will be required, and the amount of the obligation can be measured reliably. Governance costs These are shown within charitable activities and include the costs of preparation and examination of accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters. Grants wlth performance conditions Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output. Grants payable wlthout perforrnance condition5 These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant which remain in the control of the charity. Support costs Support costs are those that assist the work of the charity but do not directly represent charitable activities and include offsce costs, governance costs and administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity. Where support costs cannot be directly attributed to particular headings, they have been allocated to cost of raisin8 funds and expenditure on charitable activities on a basis consistent with use of the resources. Premises overheads have been allocated on a basis consistent with the use of the resources. Staff costs and other overheads have been allocated based on time spent, per capita and activitv. Employee benefits When employee5 have rendered service to the charity, sholt-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service. Value Added Tax The charity is not registered for VAT purposes, therefore expenditure is shown gros5 of VAT. 171Page
Carrickfergus Community Forum (A Company Limited by Guarantee) NOTES TO THE ACCOUNTS (cont'dl 31 March 2024 ASSETS Tangible Fixed Assets The cost of tangible fixed assets is their purchase cost, together with any incidental costs of acquisition. Depreciation is calculated so as to write off the cost of tangible fixed assets, less their estimated residual values, on a straight-line basis over the expected useful economic lives of the assets concerned. The principal annual rates used are as follows: Fixtures and Equipment 15% Reducing balance In accordance with FR5102, assets under construction are not depreciated until such times as they are available for use. Where the recoverable amount of a fixed asset is found to be below its net book value, the asset is written down to the recoverable figure and the loss on impairment is recognised in the SOFA. Investments Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment asset5 are included at trustees, best estimate of market value. Leases Rentals payable under operating leases are charged to the SOFA on a straight-line basis over the period of the lease. Tax The charity benefits from various exemptions afforded by tax legislation. It is therefore not liable to corporation tax on income or gains falling due within those exemptions. Recovery is made of tax deducted from receipts under gift aid. Going concern The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 month5 from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as going concern. Judgements and key sources of estimation uncertainty The following judgements including those involving estimates have been made in the process of applying the above accounting policies that have had the most significant effect on the amounts recognised in the financial statements and that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year: 181Page
Carrickfergus Community Forum {A Company Limited by Guarantee) NOTES TO THE ACCOUNTS (cont'd) 31 March 2024 depreciation method and asset useful lives The estimates and assumptions are reviewed on an ongoing basis considering the current and future market conditions. Z. DONATIONS AND LEGACIES Unrestricted Funds Restricted Funds Total 2024 Total 2023 Grants Housin8 Executive Mid & East Antrim BC Dept. of Social Dev.Community Investment fund Awards for All ASCERT Grant Clanmil Grant DWICP 35,528 300 35,528 300 37,883 300 59,799 10,000 2,400 5,550 59,799 10,000 2,400 5,550 64,409 19,025 1,850 11,064 113,577 113,577 134,531 3. Other trading activitie5 Unrestrlcted Funds Restrlrted Funds Total 2024 Total 2023 Access Nl Income Generated 297 297 1,960 231 2,486 1,960 1,960 297 2,257 2,717 191Page
Carrickfergus Communlty Forum (A Company Limited by Guarantee) NOTES TO THE ACCOUNTS Icont'd) 31 March 2024 4. INVESTMENT INCOME Unrestricted Funds Restrirted Funds Total 2024 Total 2023 Bank Interest Receivable 686 686 138 686 686 138 5. EXPENDITURE ON CHARITABLE AcfiviTIES BY AcfiiviTY TYPE Unrestrlcted Funds Restrlrted Funds Total 2024 Total 2023 Main Activity Governance costs 6,306 135 109,726 5,988 116,032 6,123 118,968 5,989 6,441 115,714 122,155 124,957 20IPa8e
Carrickfergus Community Forum IA Company Limited by Guaranteel NOTES TO THE ACCOUNTS (cont'd) 31 March 2024 6. ANALYSIS OF SUPPORT COST5 Unrestricted Funds Restricted Funds Total 2024 Total 2023 Wages & Salaries Rent & Rates Cost of Living Support Light & Heat Cleaning & Maintenance Project Expenses Training Courses 5790 516 57,632 10,740 63,422 11.256 58,489 10,519 2,346 5,260 3,468 691 28,405 8,790 3,468 691 28,405 8,790 42,354 6,306 109,726 116,032 118,968 7. INDEPENDENT EXAMINATION FEES Total 2024 Total 2023 Fees payable to independent examiner for: Independent examination of the financial statements 1,080 1,080 8. TRUSTEES REMUNERATION AND EXPENSES The average head count of employee during the year was 2 {2023: 2) No employee received employee benefits of more than £60,000 durin8 the year12023: Nil) 9. TRUSTEES REMUNERATION AND EXPENSES The Trustees received no remuneration from the charity during the current or preceding financial years. 211 Page
Carrickfergus Community Forum IA Company Limited by Guarantee) NOTES TO THE ACCOUNTS (cont'd) 31 March 2024 10. TANGIBLE FIXED ASSETS Fixtures & Fittings Cost At beginning of the year Additions Disposals At end of the year 31,905 4,153 36,058 Depreciation At beginning of the year Depreciation Disposals At end of the year 16,307 2,962 19,269 Net book value at beginning of the year Net book value at end of the year 16,789 15,598 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Total 2024 Total 2023 Trade Creditors Accruals & Deferred income 814 17,869 899 16,678 18,683 17,577 22jPage
Carrickfergus Community Forum IA Company Limited by Guarantee) NOTES TO THE ACCOUNTS (cont'd) 31 March 2024 12. Deferred Income 2024 2023 At l April 2023 Amount released to income Amount deferred in Year 15,598 (2,962) 4,153 14,928 12,752) 3,422 At 31 March 2024 16,789 15,598 13. Pensions and other p05t retlrement benefits Defined contribution Plans The amount recognised in income or expenditure as an expense as an expense in relation to defined contribution plans was £(2,306) {2023:(2,341). 14. Government grants The amounts recognised in the financial statements for government grants are as follows: 2024 2023 Recognised in creditors: Deferred government grants due within one year (2,962) (2,752) 231Page
Carrickfergus Community Forum (A Company Limited by Guarantee) NOTES TO THE ACCOUNTS (cont'd) 31 March 2024 15. FUND BALANCES Funds 2024 Balance at start Income Expenditu Surplus l Transfer re (Deficit) Balance at end Unrestricted Funds General fund 79,684 2,646 {6,441) {3,795) 75,889 Restrirted Funds Restricted Funds 14,827 113,874 (115,714) (1,840) 12,987 Total 94,511 116,520 (121,155) (5,635) 88,876 Funds 2023 Balance at start Income Expenditu Surplus / Transfer re (Deficit) Balance at end Unrestricted Funds General fund 80,568 2,855 {376) 2,479 (3,363) 79,684 Restricted Fund5 Restricted Funds 1,514 134,531 {124,581) 9,950 3,363 14,827 Total 82,082 137,386 {124,957) 12,429 94,511 241Page
Carrickfergu5 Community Forum (A Company Lirnited by Guarantee) NOTES TO THE ACCOUNTS (cont'd) 31 March 2024 16. ANALYSIS OF NEf ASSEfs BETWEEN FUNDS Unrestrlcted Funds Restricted Funds Total 2024 Fixed Assets Net Current Assets 16,789 59,024 16,789 72,086 13,062 75,813 13,062 88,875 Unrestrlcted Funds Restrlcted Funds Total 2023 Fixed Assets Net Current Assets 15,598 64,086 15,598 78,913 14,827 79,684 14,827 94,511. 25 IPage