CHURCH HILL COMMUNif( DEVELOPMENT ASSOCIATION GENERAL INFORMATION Year ended 31 MARCH 2024 Charity Name Church Hill Community Development Association Contact Address 71 Ballymagerny Road Loughgall Armagh BT618PL Charity Reglstration Number NIC104683 Trustees Joel McAteer Thomas David Forbes Leslie McNeill Joseph Campbell (Deceased 2611112024) Secretary Derek Greenaway Independent Examiner GM'G PORTADOWN Chartered Accountants 17 Mandeville st￿et Portadown Craigavon Co Armagh BT62 3PB Bankers Ulster Bank Ltd 20 High Street Portadown Craigavon Co Amiagh BT62 1HU CHURCH HILL COMMUNITY DEVELOPMENT ASSOCIATION STATEMENT OF RECEIPTS AND PAYMENTS Year ended 31 MARCH 2024 Unrestricted Restricted funds funds Total 2024 Total 2023 RECEIPTS ABC Council Grants Platinum Jubilee Evènts Donations Covid-19 support Short tem loan repaid 11.704 11,704 469 500 575 575 TOTAL RECEIPTS 575 PAYMENTS Overheads Last Saturday expenses Grant overpayments cheque returnèd Grant overpayments Loan repayment Platinum Jubilee Event 1,467 1,039 2.037 3.990 (436) 346 3,500 3,504 5,029 {436) 346 3.500 3,557 436 300 TOTAL PAYMENTS (DEFicrriisuRPLUS FOR YEAR (1,931) 2,267 336 176 Transfer between accounts {Note 4) Surplusl(Deficit) after transfers 1.422 (1,086) 336 176 Cash funds at 31 March 2023 626 83 207 CASH FUNDS AT 31 MARCH 2024 CHURCH HILL COMMUNITY DEVELOPMENT ASSOCIATION STATEMENT OF ASSETS AND LIABILITIES Year ended 31 MARCH 2024 Unrestricted Restricted funds funds Total 2024 Total 2023 FUNDS RECONCILIATION Cash at bank and in hand at 31 March 2023 11.243} 1,626 383 207 Surplusl(Deficit} this year end 336 176 Cash at bank and in hand at 31 March 2024 BANK AND CASH BALANCES Bank currenl account OTHER ASSErs Chairs, tables and kitchen equipment (restricted - estimated value) Offic8 and computer equipment (resthded- estimated value) 3,840 4,800 UABILFnES Short term loan (reslrided) Approved by the Trustees and signed on their behalf by: Joel M¢Ate8r Chair Leslie McNelll Treasurer Date: loLr CHURCH HILL COMMUNITY DEVELOPMENT ASSOCIATION NOTES TO THE ACCOUNTS Year ended 31 MARCH 2024 ACCOUNTING POLICIES Set out below are the prinupal accounting policies which have been adopted in the compilation of Ihe Statement of Receipts and Payments and the Statement of Assets and Liabilities. la) Recelpts and Payments l items of income and expendibjre induded within the Statement of Receipts and Payments have been accounted for on a cash basis. (b) Assets and Liabilities Cash and deposit balan￿$ are stsled at their monetsry amounL Assets are included where there is a right to future economic ben8fit to which Ihe Association is entitled at the year end. Liabilities a￿ included where there is a ￿nstrUctive or legal obligation falling upon the Charity that requires a future economic Dufflow. However no account is taken of amounts due in respect of the recurring expenses of the Charity as these are recognised in the Statement of Receipts and Payments when paid. TRANSACTIONS WITH TRUSTEES The Tnjslees did not receive either remuneration or the reimbursement of expenses in the year. FUNDS Unrestricted Funds- these funds are used at the discretion of th8 Trustees in fulfilling the objects of the Charity. Restricted Fund - these funds are to be used in accordance with specrfic restrictions imposed by donors or which have been raised by the Association for a particular purpose. TRANSFER BETWEEN Accoupirs An amount of £3.353 was transferred frcKn restricted funds to unrestricted fund5 to reflect the lease of fvnds vthere the restridion no longer applies.