Banbridge Special Olympics aub Annual Report and Receipts and Payments Account For the perlod 1st October 2017 to 30th September 2018 Northern Ireland Charities Number: 104787 Banbridge Special Olympics Club Contents Page Charity Information Trustee's Annual Report Independent Examiner's Report to the Trustees Statement of Receipts and Payments Statement of Assets and Liabilities Notes to the Financial Statements Banbridge Special Olympic5 Club References and administrative details Charity Name: Banbridge Special Olympics Club Charity Registration Number: 104787 Contact Address: 103 Iveagh Close Banbridge Co Down BT32 3YG Trustees: Dairmuid Sands Brendan Whittle Ms Tracy Davis Ms Joan Ross Anthony McGrath Mrs Tamla Meredith Mrs Christine Scott Independent Examiner.. S.M. Vint & Co 8 Newry Road Banbridge BT32 3HN Bankers: Bank of Ireland th Trustees, Annual Report for the year ended 30 September 2018 The Trustees of Banbridge Special Olympics Club provide their Annual report and Accounts for the year ending September 2018 and confirm that they have referred to the Commissions Public Benefit statutory requirements to ensure that the activities have fulfilled the charity's public benefit requirement statement. As per the Constitution of Banbridge Special Olympics Club dated 16 November 2011, Banbridge Special Olympics Club aims to provide a safe environment for athletes and volunteers to participate in activities by providing year-round training opportunities and to assist athletes to improve their skills with a view to attending Special Olympics Competitions. The direct benefits include athletes and volunteers developing a better sense of involvement in their communities and fonning relationships and friendships outside of their nomal social CiFvies tPTrredgh parlicipating in sport, equality of oppG,ttunitie8-to- participate in sports activities for people with intellectual disabilities, improved physical and mental health from participating regulady in sport, improved quality of life through enhanced self-esteem, social skills and greater social awareness. Because of more people participating in amateur sport, the sports themselves will develop and grow in the wider community. These benefits are demonstrated through volunteers communicating with athletes and their families on a regular basis and feeding back any notable comments to the committee. We have qualified coaches leading the sporting activities and many volunteers trained with relevant qualifications. These benefits are incidental and necessary to ensure that the club is well run and meet minimum operating standards as set out by Special Olympics Ireland. The SpeGial Olympics Ireland Games took place in Dublin between Thursday 14 th June and Sunday 17 June, in the year marking the 40 anniversary of the movement in Ireland and the fiftieth anniversary of the international movement. Over 1,600 athletes took part from across the island of Ireland. including eleven from Banbridge Special Olympics Club. Thirteen sports were on offer at the Games, and athletes from Banbridge club took part in Athletics. BoGce, Swimming, Table Tennis, Golf and Gymnastics, winning five gold medals, nine silver and six bronze. Appearing in his first games Josh McAuley represented the club in Swimming, and came back with one gold medal, one silver medal and a fourth-place finish. another Games debutant, Sean McPolin got silver and a fourth-place finish in Boc￿, with Lesley McAleese winning a gold and silver medal and Emma Higgins winning two silver medals. In Athletics Nevin Kelly got a silver and bronze medal, as well as a sixth-place finish, Stefan MGGrath got the full rainbow range of gold, silver and bronze medals whilst David Ochiltree got a gold medal and a Personal Best ribbon in AthletlGS- in Table Tennis Phillip Patton got gold and a fourth-place finish and Alex Dawson got bronze and a fourth-place finish. Billy Wilson got a bronze medal in golf playing alongside his father, and in Gymnastics Tony Lunry got silver medals on the paral￿1 bars and fioor eXe￿IS8s. and a bronze medal on the rings. The hard work put in by the athletes every Wednesday and Friday night at Iraining sessions paid ' offl The motto of Special Olympics is 'Let me win, but rf I cannot win, let me be brave in the attempf - Banbridge athletes exemplffied this not only in their achievements but also their unfailing sportsmanship throughout four dayB of competition. Our Financial stateinent shobvs an income for 201712018 of £1,003. We received grant aid from Amiagh City. Banbridge and Craigavon Borough Council which has been used towards rent vthich is a significant portion of the club's expenditure. We depend signfficanty on the athlete's families and the public for their generosty and efforts in relation to supporting fundraising events held by the club. Over £2000 raised because of Tesco's bag pad( in De￿Mber. A substantial,part of. the grants and fvnd ratsing went towards expenses for the all Ireland games. Names'of the Trustees: - J.1 Dairmuid Sands, B ￿ndan Whittle, Tracy Davis,'Joan Ross, Anthony McGrath, Tamla Meredith, Christine Scott. Signed. li Date: iF= *4* JTg1 *' IJI Independent Examiner's Report to Banbridge Special Olympics Club I report on the account5 of the charity for the period ended 30th September 2018 which are set out on pages 5-6. Respective responsibilities of Trustee5 and Examiner As the charitls trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to: examine the accounts under section 65 of the Charities Act,. follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 6519llbl of the Charities Act: and state whether particular matters have come to my attention. Basls of Independent Examlner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accortsance wit51 the general Directions given by the Charity Lommi55ion for Northern Ireland under section 6519llbl of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosure5 in the accounts, and seeking explanations from you a5 charity trustees concerning any such matters. My role is to State whether any material matters have come to my attention giving me cause to believe- l. That accounting records were not kept in accordance with section 63 of the Charities Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of the Charities Act 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examiner's statement I have completed my examination and have no concerns in respect of the matters111 to141 listed above and, In connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Thomas Vint FCCA For and behalf of S.M. Vint & Co Chartered Certified Accountants & Registered Auditors 8 Newry Road Banbridge BT32 3HN Banbridge Special Olympics Club Statement of Recelpts & Payments for the period ended 30th September 2018 Unrestrirted Restricted Note fund5 funds Prior year Total fund5 total funds Incorne and endowments from: Admissions Donations Grants Fundraising Total income 2,349 1.238 5,432 3,652 12,671 2,349 1,238 5,432 3.652 12,671 2,422 1,775 2,561 3,055 9,813 Expenditure on: Raising Funds Charitable Activities Total expenditure Net income / lexpenditurel resources 233 11,435 11.668 1,003 233 11,435 11,668 1,003 406 7,624 8,030 1,783 Banbridge Special Olymplcs Club Statement of Assets & Uabilltles- Period Ended 30th September 2018 2018 2017 Reconclllation of funds at 30.09.18 Total funds brought forward Surplus/{deficitl this year end Total funds carried forward 10,954 1,003 11,957 9171 1,783 10,954 Bank & Cash Balances Cash at bank and in hand 11,957 11.957 10954 10,954 Represented by Unrestrlcted funds Restricted fund5 Total Funds 11.957 10,954 11,957 10,954 Note5 on pages 7 to 8 are an integral part of these flnancial statements. The financial statements on pages 5 to 6 were approved by the Board of Trustees on 10th October 2018 and signed on its behalf by: Ms Trary Davis- Trustee Banbridge Special Olympics Club Notes to the financial statements for the period ended 30th September 2018 l. Accounting policies The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: al Preparatlon of accounts on a goirtg concern basis The charity generally meets its day to day worklng tapltal reouirements from its annual income. The Trustees have obtained and reviewed cash flow foretasts for the coming year and based on these are satisfied that the charity has resources to provide a reasonable expectation that it can continue to meet its financial obligations as they fall due for the foreseeable future. Therefore these financial statements have been prepared on 3 going concern basis bl Ineomè Intome 15 accounted for on a cash re¢eSpts basis as the amount is tollected and are allocated as either restricted or unrestritted fund$ 3tcording to ihe terms of the donation. ¢1 Expendlture EKpenditure is recognised on a cash payments basis. dl Cash and cash èquivalents Cash and cash equivalents includes cash in hand, deposlts held at call with banks, Other short-term highly liquid investnients with original maturities of three Tnonths or less and bank overdrafts. el Funds Furids are classilieij as elther restrlrted funds or Ljnrestricted funds, defined as follows.. Restricted funds are funds subject to specific requirements as to their use which may be declared by the donor or with their authority or created through legal processes, but still within the wider objects of the Club. Unrestricted funds are expendable at the discretion of the trustees in furtherance of the oblects of the chsrlty. If parts of the unrestritted funds are earmat*ed at the discretion of the trustees for a particular purpose. they are designated as a Separate fund. This deslgnation has an administratlve purpose only and does not legally restritt the trustees, discretion to apply the fund. 2. Fundraising Unrestricted Restricted Totsl 2018 Total 2017 Admissions 2349 2.349 2422 Donations 1,233 1,238 1.775 Grants AIVC Small Grants ABC Councll Lidl Community Award DFC Small Grants 432 1,000 4,000 432 1,000 4.000 1,944 617 2,561 5,432 5.432 Other Fundraising Bag Packing Coffee Morning Charity Night Dromore 2,107 1,160 385 3.652 2,107 1,160 385 3,652 1,524 1,531 3,055 12,671 12,671 9,813 3. Analysis of Expenditure Unrestricted Restricted Total 2018 Total 2017 Raising Funds Fundraising costs Postage & Stationary Bank Fees 62 55 116 233 62 55 116 233 96 191 119 406 Charitable Artivities Coaching Training Rent Transport Travel Expenses Accountancy Entry Fees SOU Affiliation Award5 Equipment Entertainment Kit Expenses Registration Other Expenses Trip to Zoo ABC Council grant due back 780 410 1,064 320 398 300 5,600 504 240 780 410 1,064 320 398 300 907 452 2,205 1,300 119 5,600 504 240 154 610 260 io 166 460 54 564 487 216 154 610 260 io 166 860 619 11,435 619 11,435 7,624 Total Expenditure 11,668 11,668 8.030 4. Analysi5 of trustee remuneration and expenses. Trustees received £222.5812017-£40.001 in relation to travel expenses at a rate of 25p per mile. Trustees were reimbursed £447.3212017-£540.061 in relation to expenses incurred on behalf of the club.