Charlty Numbar.. NIC10463B
Rathfrlland Football Club
Annual Report and Unaudited Flnanclal Statement5
for the financial year ended 6 June 2023
Daty Park & Company Ltd
Chart¢red Accountants
4 Carnegle Strqet
LurgHn
Co. Armagh
BT66 6AS
NortheTn Ireland

Rathfrlland Football Club
CONTENTS
Paga
Tru3le8s' and Other Information
Trustees, Report
Statement of Trustees, Responsibilltie8
Independent Examinerfs Report
statement of Financial Acllvities
Balance Sh8et
10
Notes lo the Flnanclal Statsments

Rathfriland Football Club
TRUSTEES. AND OTHER INFORMATION
Trustees
Howard Newman Murray
Llndsay Bronte
Desrnond Davonport
Mark Ingram
Davld Gllmore
Glen Bell
Chalrp•r¥on
Adrian M•gaw
Charlty Numbar In Northern Ir•land
NIC104638
Prlnclpal Addrnss
Rathfrllond Football Club
Iveagh Park
Rathfrlland
Co. Down
BT34 5NQ
Northem lffjland
Ind8pgnd•nt Examlner
Da￿ Park & Company Ltd
Charterod Accountants
4 Camegle Street
Lurgan
Co. Arrnagh
Bf66 8AS
Norlhern Ireland
Princlpal Bank•r$
U151er Bank
22 Brrdge Street
8anbridge
Co. Down
BT32 3JT
Northern Ireland
Sollci¢ors
Gordon Bell & Son
9-11 Newry SlreBI
R8lhfrlland
Co. Down
BT34 SPY
Nothern Ireland

Rathfriland Football Club
TRUSTEES. REPORT
for Ihe financial year ènded 6 June 2023
The trustees present Ihelr Trusleel Rgport and Ihe unaudited financlal statamgnis for Ihe financlal year 8ndgd 6 June
2023.
The flnancial slalements are prepared In accordance wllh the Charitie5 Acl {Northern Ireland) 2008, FRS 102 'The
FinancSal Rèporting Standard applicablg in Ihe UK and Republic of Ireland. and Ac¢ounliro and Reporting by
Charftles.. Stalpmenl of Recomm6nded Pr8cUce applicable to chari118s pr8paring their financial statements In
accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 1021.
The Trustee$. Report contains the infomallon required to be provlded In the Trustees, Annual Report undèr the
Statement of Recomrnended Practice ISORP) guidelines. The trustees of thè ¢ompany are also charily Iruglees for
the purpo$o ¢f charity law and undor Ihg tijmpanls con5titutlon are known as mÉmber5 of the board of trustegs.
In this report the trustees of Rafhfriland Football Club prasanl a surnmary of purpose, governanc8, activities,
achi9Vgments and finances for thè financi81 financial year 8 Jun8 2023.
Thè ¢h8rlty Is a registered charity and hence the report and results are pre¥?nted in a form whlch complies with the
requirements of the Charities A¢1 (Northern Ireland) 2008 and, although not obliged to comply wilh the Slalernenl of
Re¢ommended Practice applicable in the UK and Republic of Irèland FRS 102, lh8 organlsallon has ImpIemenled IIB
reGommend¥lions where relevant ift thase financial staternenls.
Mlsjlon, Obloctlv05 and SArat•gy
Mls$lon Statamont
The Chariiy has given careful consldaration lo Ihe Nl Charity Commisslon guidance on publi¢ bpnefil lo ensura Ihal
the a¢livill?s entered in during the year have h?Iped to achiove the ¢harity's alm and objectives as well as providing a
public benefit.
Obloctlvos
The Club has bean established to promote filnes5. advance education and facilliale SOGial development from tha age
of 6 through healthy parUcip81ion in sports and Associ3tiun Football.
To provide a cros$ ¢omrnunity social recreational facility with an emphasis on sporting and recreallonal activilles
within A8C Coun¢ll Borough wthout disllnctlon of age. sex, race. pullllcal. rÈllglou5 or olher public opinlon.
To work wllh local statutory agencies Provlde a rnodern. fit for purp058 &hargd fa¢illty wllh thg objective ol
improving the condltions for lh8 sald Inh8bitsnts.
Structur•. Gov•rnane• and Managtrnenl
structure
Ralhfriland Football Club is governed by a Conslilulion and a management committeè that Is elected from the body of
the floor at the AGM. The Commlttee wlll ensure Ihat the club rnembers and volunteèrs adhere lo th8 alm5 and rule5
deSCITbed in the constitutlon. They are also re5ponslble for the day to day management ol Ihe club and facililrg5.
on5uring lully cornplianl ￿th all InsurancelL￿8￿c81FirelHea1Ih & Safety and Child Protection guidelines.
The Comrnittee are responsibl8 for the appolntment of 7 Trustees. These indivlduols VAII only be appointed when the
ccmmittee is clear that they fulfil the crileria of Ihe Nl Charity Comml$sion-.
That they are ellgible by'.-
havin9 no unspent convi¢lions
promoling Ihe ethos of the Club and lo be fully knowledgeabl8 of the Const(lubon
taktr dp¢i5ions made free frorn prejudice and in IhB Charity's best interest8
make sure the Club 55 5uslainabl8 and resour¢g$ are managed responslbty
- bo aGcountsble lo the members
adhere lo Nl Charity Commission guidancp and reporting requirements
Brian Todd IPresldentl
Adrian Megaw Ichalrpersonl & Bobby McDowell Ivlce Chairperson)
Lindsay Bront8 ISe¢retaryl & Kathy Thornp50n {Assl Secr81aryl
Paul Gibbon5 ITrea8ur8rl & Howard Murray (AsstTr8asur8rl
Erfc Annett IPROI
Gordon Wi150n (Facillties Manager)
Alan Shaw IComrn8rclal Manager) & Mervyn GrDves (Asst Comrngr￿al ManxgBrl
David Gilmore (Youth Development Manager)

Rathfriland Football Club
TRUSTEES, REPORT
for the financial yearended 6 June 2023
Publie Bon?fit statement
The Charity has given careful consideration lo tho Nl Charity Comrnis5iDn guidance on public ben8fl11o ensure that
the adivllle5 entered In durlng the y8ar have helped ia 8chigve the charity's aim and obleefjves as well as providSng a
public benefit.
Revlew of Actlvltles, Aehlèvèmont$ and Perlormaneo
Airn5
con
Inues
encourage an
Pfomo
nes5 ac
or
rom
eageo
an
to
devek)pm8nl of assoclation foolb811. 11 is thiough hÉallhy partlclpalion in our sporting a¢lSvldes and tho integral social
inclusion programmes that will aid the developtnenl of our members and result in bèttèr Ilfe ￿ndI￿.0nS and
opportunities.
The Club5, ethos 15 10 irnprove sportlng and social development of m&mbers of the rornmunity and lo foster good
cmss comrnunity relations in the ABC Council Borough area. A kBy prlority Is lo see the 5ucce55ful development of
youth football and unconditionally supporting other cornmunity and voluntary organi5alions and activities. The Club
currently have 3 Senior learns. 210 junior rnembers and 40 waches.
'Tha elub i¥ established lo promote heJlh, fitness. advance education and facllltate social developrnenl. Ihrough
participation in 5POrts and Assoclalion Foolball. who Teside In Ralhfriland and It's environs of ABC Councll without the
dist1￿cli0n ol age, gender. disabllity. sexual orientation, nationallty. 8thnlc 5denlity, polillcal or religious oplnion. in a
cornrnon effort lo advance educatian. and lo provide facilities In lh¢ Interests ol social welfare for recreation and or
other leisure-lime occupation. wtlh thè objecllves of impmving health and well-being ol said people..
AchIe￿melliS
The comrnirtee once agaln must be commended for thelr own parsonal don81ions, and efforts In securing sponsorship
and helplng to organise ovenls and nights to ralse much needed revenue lo meet the costs of managing a successful
club.
Th8 pitches were again rnaintained at a high level with many games taking plac8 avèn with inclement weather. The
club are indebted to GordonlDeslJohn and the chairman for the diligent WO￿ and many hour5 SP¥lIt mainlainlng the
plteh and thg facililies. A than￿esS job and the club need to recognise the countless hours undertaken sometimes
forgotten. htr￿¢ver the worl¢load takan on negds lo be spread as the club grow¥ the vworkload increases.
Following 35 long and successful years in the Nl Arnaleur League. 2023 will be long remembered in the history of
Rathfrfland FC and local community for all Ihg right reasons football. After wlnnlng the biggest doubla In the club'5
arnatour leagu8 history, Raihfriland FC &xc8118d again by winning (he Premier League and thèn going on lo beal fvjo
bcal Elvals in Prornolion play-off. Th¢ Club, tgarn, supporters. and local community now l¢Jok forward lo the 2023124
5e8son 8nd the new challenges. Thè team 8150 reached Ihe later stages of the Border and Intermedi8te Cups,
narr0wly1051ris in quarter finals.
As always. Ralhlriland FC are a forward-lhinking club and ¢ontinue lo rnake improvements to their fadlilies. Work
completed on the naw car park wlth a néw entrance created and tarmac surface to allow for approximately 60170 rars.
Including a di58bilily section. In preparation for prornouon, works took place to ensure existln9 faalitle5 meet new
NIFL criteria and the club were appreciated of the volunteer work provlded by Phll.Darby. The club were again
aw8rd8d some monies from DCMS lo install some LED floodllyhling, with works now almost complete. Once a9aln,
the club would like io thank Adrtan Megaw and David Gilmore for all the work and time Inv8sted in the project.
Ralhfriland Football Secured various grants from dirrerent fund6rs. and WB are Ind$bled 10 811 our $pon50rs for their
conlinued commitrnent and sUPPOrt.
The Club strivo to grow its rn8mb8r5hip and modernise exi51ing facilities. all
wlthin a slrlct financial regime, ensuilng we are able lo meBI 811 our flnanLY81 commitments and ensure 51151alnable of
the club.
The ¢lub ronts'nue lo make Ihelr facililias avallable lo the ¢crnmunity of Ralhfriland, with varlous schools, relwJi¢us
organlsallons and communlty a5s0¢1allons uslng the club's faclllues and pltches.
11 is probably worth nrjtlng that 2022123 represented many challenges for th8 dub. particularfy the impact of rising
costs and infialion. No businèsses over the last 18 month5 havp been irnmuna to Ihis. Tho Club aro again thankful for
the endless number af volunteer hours put into by all cornmittee memb8rs and communily. bul a special thank you
must be ¥150 be given to Alison Megaw. J9nnifvr Groves, Flo Shaw, Sh6lia Todd, Kathy and evgnts committee.
R•sulls 4nd Divldends
At th• ènd of Ihe financial year the charlty has assets of £673,642 {2022 - £642,902> and 118biliUg5 of £84012022 -
£7eO). The nel assets ol the charity have incrgas8d by £30.680.

Rathfriland Football Club
TRUSTEES, REPORT
for th8 flnanci81 year ended 6 June 2023
Plan$ for th? Futurè
The Club's main goal is to continue Ihg path followed over the last few yegts. m8int8ining the FDlicy af sound
managemgnl, by rnonlloring all aspects of our finance5 and encouraglng communlty support for all aclivilles.
Ralhlrfland Foolball Club ha￿ Idenllfled several projects and have gngage in the sem￿8 of Richard For5yth8 to
assist In the ￿ntInUed developments of grounds and facllllies al IV￿gh Park to makè surè that Ihey remaln up lo dal
and fil for 21st century. Wlth a growng youth section and 3 senior teams. il Is always Important to ensuro facllitl88
remain modern and can m8et the demands ofincrea5ing usa.
In a¢cordance wih the Constilullon. the Irustse5 retire by rotalSon and. belng allgible. offgr Ihemsolves for trele¢tion.
Compllance wlth S•ctor.Wlde Leylslatlon and Standards
The charity engages pro-actively wlh legislation, standards and ¢odg$ which are developed for the sector. Rathfriland
Football Club subscribès lo and Is compfianl wllh the followlng..
The Charities SORP IFRS 1021
Approved by th• Board of Trustees on 1 March 2024 and signèd on It$ behalf by:
Howard
Truslee
wman Murra
Dasrnond Davenport
Truste•

Rathfriland Foolball Club
STATEMENT OF TRUSTEES. RESPONSIBILITIES
tor the finanual year ended 6 June 2023
Th8 trustees are responsiblo for pfBpAtlng the financlal stat$ments in accordance wlih appllcable law and regulatlons.
The law applicable to charities in Northern Ireland r8qtslrès the Irugtees lo prepara flnancial ststefflenl$ for each
financial year which glve a true and fair view of the assels. liabilities and financlal posbllon of the eharity as al the
rinancial year end dale and of the surplus or deficlt of the charity And olherwse comply wilh the Charities AGI
(Northern Ireland) 2008.
select sultable accountlng policiès and apply them con515tenlly,'
observe the melhods and principles in the Charftles SORP
make}udgemenls and accounting estimates that ar8 r8asonab18 and prud8nt',
stale whether the financial stslemen15 have been prepared in accordanctr wllh applicable acccunling $tsndards.
18nllfy those standards, and note the effect and the reasons lor any material departure from those Standards,. and
prepare the financial slalemenls on the golng concern basis unless it Is in8ppropriate ta presume Ihal Ihe charily
will wntinue In opèrat40n.
The Iru31ees confirm Ihal they have comp118d with the above requiremgDl$ in ptsparing the financial statements,
The trustee5 are responsible for keeping adaquate accounting records that are sufficient to show and explaln tha
charfly's transactions and disclose Mlh reasonable accuracy at any timÉ the financial position of lh8 charity and
enable them to ensuro that the financlal staiemènls comply wilh the Charities Act {Northern Ireland) 2008. They aro
also responsiblo for safeguarding the assets of the charity and hence for tBkin9 reasonable steps for the prevgnllon
and detection of fraud and olhgr irregularitl05.
Approv•d by th8 Board of Trustees on 1 March 2024 and sl9n•d on its behalf by..
Howard..
Truste
ewman M
Desmond Davenport
Trustee

Rathfrlland Football Club
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES
OF RATHFRILAND FOOTBALL CLUB
Wg have examJn8d th¢ flnancial statements of th8 charlty for the financial year gnded 6 June 2023, whlch compr15e
the Sl8tement of Flnandal Acllvili85, the Balan￿ Stteet and the related notes.
Thls report ts made solèly to the charlty's mernbers, as a body. In accordance with the Charities Act (Northern Irèlandl
2008. Our work has been undertaken 50 that we rnighl cornpile the financial slaternents that we have been engaged
lo compl18. rpport to IhB Baard of Trustees that we havg dona so. and slalp Ihose rnatters that we have agreed to
state to them in Ihis rèport and for no other purpose. To Ihe fullosl extent pemiitted by law, we do not aw?pl or
8ssum8 r¢spon$lbility to 8nyone other than the charity and the charity* mernbers, as a body, for our wolK, or fttr th15
report.
Respectiv8 rèsponslbllltias of tru$togs and ?xamlrter
The tharity's Iruslees are responsible for the preparallon of the ffingnclal statements in accoidance wilh the
requirements of the Charftles Act INorihern Ireland) 2008. The charlty's tru51èas consider that an audlt is not required
for this llnancial year under the Charities Acl (Northem Ireland) 2008 and that an independent examination is
requlred.
11 13 our responsibility lo-
exBmin8 Ihg financial statements under sectlon 65 of the Charfllgs Acl-.
ft>llow the procedures laid down by the general Directions given by Ihe Charlty Cornmisslon for Northern Iroland
under 5e¢iion 65{9llbl of the Charities Actr, and
statg whether particular matters have come to our attenuon.
Basls of Indep•ndent exarnlner's report
We have 8xarnin8d your charity financial statements as required under section 65 of the Charli ies Act and OUT
8xarnination w85 carried out In accordance with the general Directions given by rhe Charity Comm15siDn for North¢rn
Irgland under Section 6519)Ibl of the Charitses Act. An examinalion includes a review of the acrounting records kept
by the charily and o comparison of the financial slalements presented with those racords. It also includas
conslderauon of any unusual Items OF d15closures In the financlal ststements and soeking explanatlons from the
trustees concerning any SLtch matters. Th& procedures undèrtaken do not provld& all the evidence Ihal w%Jvld be
required In an audlt and consequontly no opinion 5s glvgn as to whether lh¢ accounts present a 'lrug and lalrf view
and the report is Ilmited lo those rnatters sel oul in the slal8ment below.
In connection wilh our examlnation, no matter has come lo our attentlon which glves vs cause to bell¢ve Ihal In, any
rnalerial rospecl..
accounting rBcDrds were not kept in accordance wllh seellon 83 of the Charille5 Act
the financial stslemenls do riot accord with those accounting records
the financial slalements have not been prepared In accordance w>th Ihe Stalemgnl ol R8¢0mm£nded Practlco
applicab18 to charities preparing their accounts in attordancp with the Financial Reporbng Standard appYl¢8ble in
the UK and Republic of Ireland IFRS1021
ther8 is furlher inforrnauon needed for a Proper understanding of the 8¢counts to be reaehed.
Independent examlner's 5tatsment
Weh
enDcon
and have ¢orne aemss no other matter5 In connection wlth the exarninalion to which attention
uld
8dra
tsrt In order lo enable a propér undètslanding of the finanrl81 statamants to be roachpd.
Y PARK & COMPANY LTD
rtered Accountants
4 Carnegle Street
Lurgan
Co. Armagh
8T66 6AS
Northem Iwland
Date: l March 2024

Rathfriland Football Club
STATEMENT OF FINANCIAL ACTIVITIES
for the flnanclal year ended 6 June 2023
Unre$lrlcted Restri¢led
Fund5
Funds
2023
2023
Total Un￿SIr1Cted Reslrlded
Funds
Fund5
Funds
2023
2022
2022
Total
Fund$
2022
Notes
Income
Donallons and leg8cies
Charilabl8 activities
ees and spongors
Other trading a¢ll￿tIeS
Investments
35,948
27.897
63,845
24,348
21,486
45,834
37,203
66.327
69
37,203
66,327
69
40,000
40,591
0.000
40.591
To141 income
139.547
27,897
167,444
104,942
21,486
126,428
Expendlbjre
Raising funds
Charitable aclivllies
other Irading actSvilies
1,400
60.410
27.057
1.400
108,307
27.057
4,768
86,697
16.812
4.768
88,183
16,812
47,897
1,4B6
4.3
Total Expenditure
88.867
47,897
136.764
108,277
1,486
109.763
Net Incomelloxp•ndltur•)
50,680
{20.000)
30,680
13,3351
20,000
16.685
Transf8rs ba￿9&n funds
12.734
112.7341
Nel mov•mant In lund¥ for
the flnanclal year
50,680
(20,000)
30,680
9,399
7.266
18.685
Rèeonclllatlon of funds:
Total funds beginning of the
year
13
622.122
20,000
642,122
612.723
12,734
625,457
Total funds al the end of
tha yèar
672.802
672.802
622.122
20.000
642,122
The Stslemenl of Flnanaal Activltles Includès all gains and10sses recognised in the flnanclel year.
All In¢ome and 8xpendltuie relata to conunuing aclivllies.
The notes on pages 11 to 15 Icqm part ef Ihe financlal stat¢rnenl$

Rathfriland Football Club
BALANCE SHEET
as al 6 JLrne 2023
Z023
2022
Notes
Fixed Assets
Tanglble a58et5
659,734
585,937
Curr•nt Assets
Stocks
Debtors
Cash al bank and In hand
689
2.23Q
10,989
633
10
56,332
13,908
56,965
Creditors: Amounts falling due within on• y•ar
11
18401
17801
Net Current Ass•t¥
13.068
58,185
Total Assets lass Curr?nt Llabllltles
672,802
642,122
Funds
R8slrkt8d funds
General fund luniestrlctedl
20,000
622,122
672.802
Total funds
13
672.802
642,122
The finandal statamènts have been prepared In aceordance ￿th the provlslons Applleabl• to ¢omp?nles sublecl lo
Ihe small companies. regim8 and in aecordance with FRS 102'Thg Financial Reporting Standard applicablE in the UK
and Republic of Ireland" applying Section 1A of that Staadard.
Approved by the Board of Trust¢OS 4nd authorlsed for Issue on 1 March 2024 and signed on Its behall by
Howaid
Trustoo
wman Murra
Dèsmond Dav2nport
Trust09
Tha notes on pg988 11 to 15 f¢mi partof thè ItnBncial stat8menls
10

Rathfriland Football Club
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 6 June 2023
GENEIi4L INFORMATION
Rathfn'land Football Club 15 8 charity incorporaled in Northern Ireland. The registered orrice ofthe company 1$
Ralhfriland Football Club. Ivaagh Park, Ralhfrlland. Co. Down. BT34 5NQ, Northern Ireland which is also th8
principal place of business of th8 cornp8ny The Inancial statements have been PTe8ènled in Pound 1£) which
15 a150 the funclional curren¢y of the company.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following accounting policies have been applied consistently in deallng with items which are considered
rnaterial in ielation lo the ¢harity'5 financial stalements.
Bas1$ of pr•paratlon
Thè finan¢ial 5ts1emenls have been prepared on Ihe guing ¢onrem basis under the historical cost convention.
modified to Include certain Ilerns al falr value. The flnanclal statements have been prepared in accordance
wllh the sialemenl of Recomrnended Pracllce {SoRPI.A￿9unlIng and Reporting by Charllles preparing their
accounts in accordance with the Flnancial Reportlng Standard appIlea￿a In tho UK and RepublSc ol Ireland
FRS 102" applying Sedion 1A of that Stsndard.
As ppllnitted by the Companies Act 2006. the charlly has varied the standard fomials in that act for the
Slaternenl of Financi81 Activities and the Balance Shegt. Dgparture5 from the stsndard foimats ao to comply
wilh the requiiemenls of the Charilies SORP and ara In compllan¢è with section 4.7, 10.6 alld 152 of that
SORP.
Statement of compllanc•
The financlal slalemènts of tha charity for tha financial year ended 31 0Écemb8r 2017 hav8 be8n pr8pared on
the golng concern basls and In accordance wlltt Ihg Statement ul Recomrnendod Prnctice ISORPI
'Accounting and Reportlng by Charities pi8P8ring their accounts in accordance with Ihe Finandal Reportlng
Standard applicable in the UK and Rapubllc of Ir8land FRS 102. applying Sèction 1A of that Standard.
Fund accountlng
The following are the catsgorfses of funds malnlalned..
Ro$trl¢tod funds
R89trictad funds repr8sent incorng received whith can only be used for particular purposes. as 5peufied by
the donor5. Such purposes are wllhin the overall objective5 of the charity.
Unreglrlcted funds
Unre51dcted fvnd5 consist of General and Designated funds.
General fun(fs iepresent amounts whlch are expendable at Ihe dlscrelion of the board, In lurtheranre of the
objectives of the charily.
Designated fund5 ¢ornpri8e unre81ricled fund5 that the board has, al ils d15crelion, Set aside fcr particular
PUiP05e5. These deslgnatlons have an admlnislralive purpose only. and do not legally re31ri¢t the board'5
di8cretion to apply the fulld.
Income
Voluntary Sncorne or ¢apS101 Is Included In the Staternenl of Flnanclal Activllles when the charfty L5 legally
entitled to it, Its financlal value can be quanllfied with reasonable certalnty and there Is reasonable certalnty of
115 ultlmal8 recalpt. EnlitJ8ment lo lagaeles Is conslder8d 95tablish8d whtrn th8 charliy has be8n notlff8d ot a
dlstribution ¢0 bg made by the exe¢ulors. Income r8celv8d In advancè Of due p#rformance under a contract Is
ac¢ount8d for as deferrad income until eamBd. GTants lor aclivilies are r¥co9nised as Incom• when th&
r8lal¢d condllions for legal enlillèmént have bÉ8n mel. All E)Iher inmme 18 accountsd for an accruaL4 b8sls.
Expenditure
All resouices expended are accounted for on an accruals basis. Charitable acliwlies include rosls of services
and grants, support costs and depreciatton on related asset5. Costs of generafjng funds similarly include
fundralsing acllvilies. Non-slafi c0515 not attributed to one category ol activity are allocated or apportioned
Pfo-rala to th¢ stafflng of the rglevant service. Finance, HR, IT and adminlslralive staff costs are directly
attrlbutable to Indlvldual actlvStiÈs by oblactive. Govgrnance costs are those associated with con51ilulional and
8t8lulory requlromonl5.
11

Rathfriland Football Club
NOTES TO THE FINANCIAL STATEMENTS
Contin￿8￿
for the financial yaar ended 6 June 2023
Tanglble flxed assets and depreclation
Tangible fixed assets are stsled at cost or al valuatSon, le53 accumulated depredatlon. The ¢harge to
depreciat￿n is calculated lo wrlle off the origlnal cost or valuallon of tangible fixed asse(s. less Ihdr e9timaled
residual value, over their expaetad u¥8ful Ilves as follows..
Land ond buildings freehold
Long leasehold property
Plant and machinery
Flxturas. fittings and oqulpmenl
2% reducing balance
20% reducing balance
10% reducing balance
OuAng th15 finandal year th8 comm1tt8e made the decision to change Ihe depreciation on Ihe bulldings &
stsnds to 2% reduclng balan¢0 rather than the prevlous 10Yo rate. They feol this chang8 In accounting policy
Is rnore reifectivg of the 88sels useful life.
The land owned by the ¢h8rity is not depreciated as it 1$ not expected to decrease in value.
stock
Stocks are staled al Ihe lower tsf cost and nel realisable value, after rnaklng dug allowance for obsolBte and
$low moving items. C05t includ85 all CD8ts incurred in th8 norrnal course of business in bringing them lo (heir
present localKJn and conrlilion. Stock8 comprfse fundraising materials. 11 is nol considered praclicable lo value
Stork of unsold donaled good$ at the year end.
Dobtors
Debtors are recognlsed at thè settlémènt amount due aft6r any dlscounl offered. Prepayments are valuÉd al
the amounl pr8paid net ol any tradè dlscounts du8. Income recognlsed by th8 charlty trom govemrnent
agencies and oth¥r co-funder5. bul not yel received at year 8nd. is induded in debtors.
Cash at bank and in hand
Cash al bank and In hand eompri56s L¥sh on deposit al banks r¢quiring le55 than thre8 months notSce uf
wjthdrawal.
Taxatlon
No current or d8f8rred ta¥alion arises as the charfty has been granted charitable exernpyon. Irrecoverable
valued added tax Is oxpen5ed as incurred.
INCOME
DONATIONS AND LEGACIES
Unréstrieted Restrlcted
Funds
Funds
2023
2022
Donations and legoclg$
Grant Income
30.651
5.297
30.8s1
33,194
17,143
28.691
27,897
35,948
27,897
63.84$
45.834
CHARITABLE ACTIVITIES
Unreslilctod Rastrlctèd
Fund8
Fund$
2023
2022
Grnnts from governments and other c￿f￿nd•r$..
Income from charilable aclivlties
Football Income
35,278
1.925
35.278
1.925
34,623
5,377
37,203
37,203
40.000
OTHER TRADING ACTIVITIES
Unrestrlded Restrlcted
Fund•
Funds
2023
2022
Bar Income
66,327
66.327
40,591
12

Rathfriland Football Club
NOTES TO THE FINANCIAL STATEMENTS
eontinued
for the financial year ended 6 June 2023
INVESTMENTS
Unrestrlctod Rostrlctsd
Fund5
Funds
2023
2022
Investments
69
69
EXPENDITURE
r¢c
Costs
er
Costs
upport
Costs
Ralsing funds
1,400
1,400
4,768
GHARITABLE ACTIVITIES
Direct
Costs
Olh•r
Co$1$
Support
Co$ts
2023
2022
Football expenditure
Expenditure on charitabl8 actSvitas
37.313
4,930
19,742
45,6e9
S7,055
51,252
47.044
41,139
633
65.431
10B.307
88.183
OTHER TRADlhlG ACTfviTIES
Dir•Gt
Costs
Othèr
Costs
Support
Costs
2023
2022
Sar expense5
27,057
27.057
16.812
SUPPORT COSTS
Cost ot Charitablg
Raising
A¢liviti8s
Funds
2023
2022
Oeprecialion
Fundrai51ng costs
Accountancy
Subscrlplions
Coaches & relerees
Gear & gym expanses
Prize5
Premises Costs
23.842
23,842
400
3,100
3.596
4.028
11,503
1.000
19,362
14,660
2,398
871
933
3,086
13.049
2,370
14,468
400
3,100
3.596
4.026
11,503
1.000
19.362
1.400
65.431
6fj,831
51.855
ANALYSIS OF SUPPORT COSTS
2023
2022
Dep￿CjaIi0n
Fundralsing costs
Accountancy
Subscripllons
CoachBS & referees
Gear & gyrn expen8es
23,842
400
3.100
3,596
4.028
11,503
1.000
19.362
14.680
2.398
871
933
3.086
13.049
2.370
14,466
Prem15es cos15
66,831
51,855
13

Rathfriland Football Club
NOTES TO THE FINANCIAL STATEMENTS
contlnued
fur tha fin8ncial year ended 6 June 2023
NET INCOME
2023
2022
Nel Income Is statod aft•r rharglngllcredltlng}:
Depreciation of tangible assets
Grants re￿1vable recalved
23,842
14,680
110,iXJOI
INVESTMENT AND OTHER INCOME
2023
2022
Revenue grants received
Bank interest
10,000
69
69
10,003
TANGIBLE FIXED ASSETS
Land and
bullding$
frg•hold
Long
Plant and
Fixtures.
leasehold machlnery flltlngs and
property
oqu5pment
Total
Cost
At 7 Jun& 2022
Additions
456.336
51,200
134,309
34,289
46,439
36,990
661.924
97.639
At 6 June 2023
507.536
734,309
80,728
36,990
759,563
Depreclatlon
At 7 Jun8 2Q22
Chargè for thè financial yèar
51.478
8,661
15.127
12.420
9.382
2.761
75.987
23.842
At 6 June 2023
60,139
27,547
12.143
99,829
Net book valuo
Al 6 June 2023
447,397
134.309
53.181
24847
659.734
At 6 June 2022
404.858
134.309
19.162
27.608
585,937
The trustees are CUTrenlly in the process of rgvalulng the properties held al Iveagh P8rk . R8lhfriland Co.
Down. This up to dale valuation will be ineluded In th8 nèxt sét of financial statements.
STOCKS
2023
2022
Finlshed goods and goads for rfj¥ale
689
633
10.
DEBTORS
2023
2022
Pr8p8yments and a¢crued Incorne
2.230
CREDrroRS
Amounts falling due withln one y•ar
2023
3022
Accru81s and deferred Income
780
14

Rathfriland Football Club
NOTES TO THE FINANCIAL STATEMENTS
Eonlinued
for the financlal year ended 6 June 2023
12.
RESERVES
2023
2022
At the beginnlng ol the year
Surplus for the finsncial year
642.122
30,680
625,457
16.665
ear
13.
FUNDS
13.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unrestrlct8d Restrlctpd
Funds
Funds
Total
Funds
Al 7 June 2021
Movement during the 17n4neial year
612.723
9.399
12,734
7.266
625,457
16,665
Al 6 June 2022
Movement during the t7nancial year
622.122
50,680
20,000
120.0001
842,122
30.680
At 6 Junè 2023
672,802
672,802
13.2 ANALY815 OF MOVEMENTS ON FUNDS
Balanc
7 June
2022
Income Expendllure
Transfers
b¢￿een
funds
Balanee
6 June
2023
ABC Council
TADA
Irish FA
Barclays
1,700
1.499
24,198
500
1,700
1.499
44.198
500
20.000
20.000
27,897
47.897
Unrestrleted funds
General Rasorve
Land & 8uildln95
36.187
585.935
139,547
65,025
23,642
197,6391
97,639
13.070
859.732
622.122
139,547
188,8671
672.802
Total fund5
642,122
167.444
136,764
672,802
RELATED PARTY TRANSACTIONS
We can conflrm there have b88n no Iransactions Involvlng Iruslees oulsldg thF normal course of bu5ineBS at
thè year end 6th June 2023.
15.
POST.BALANCE SHEET EVENTS
There have been no significant &vants aff8ctlng thè Charfty 51nce the fln8n¢lal year.8nd.
15