Registered number N1065977 Charity number 104829 Claragh Bridge Vintage Club Report of the Trustees and Financial Statements for the year ended 31 December 2023
Claragh Bridge Vintage Club Directors. Report and Financial Statements Contents Page Company infomiation Trustees Report Independent Examineffs Report Stalement of Financlal Aclivitles Balance Sheet Notes to the financial statements 45 8-11
Claragh Brldge Vintage Club Company Information TrusteÈsiorricers Mr Liam Quinn {DirectorlChairperson) Mr Patrick Murray {DirectorlSecretsry) Mr Liam O'connor IDIrectorreaSurer) Mr Patrtck O'connor {Directorrrrustee) Mr Graham Brown (DIrectorrUStee) Independent Examiner LKe&CO Unlt 58 Armagh Business Cent Loughgall Road Armagh BT61 7NH Bankers Flrsl Trust Bank Main Street Newcastle Co Down BT33 OAD Reglstered offlce 39 Ballywlllwill Road Castlewellan County Down 8T319LF Buslneys Address The Blacksmlths Cottage Clara Bridge Casllewellan Co Down BT31 9PA Reglstsred number N1065977 Charlty number 104829
Claragh Bridge Vintage Club Trustees. Report The Trustees of Claragh Bridge Vintage Club Limited present their rep and the financial stalements for the year ended 31 December 2023 and th8 Trustees vtho $8Ned during the year are sel out on Page 1. The Truste8s have adopted the provisions of Accounting and Reporting by CharTrties.' Statement of Recommended practi applicable to chartties preparing their accounts in accordance with the Financlal Reporting Standard appl'cable in the UK and Republic of Ireland(FRS102). OBJECTIVES AND ACTIVITIES The objectives of the Company is to organise a cross-community vintage, classl¢ and agricultural show and community show and community festival together with county markets, muslcal entertainrnent, competitions, safety demonstrations, trade stands, craft stalls, community and voluntary stands, hekl in a neutral venue to promote better cross- communrty relations. FINANCIAL REVIEW The Annual Flnanaal Statements are attached on pages 6 and 7 In Ihls Report and the Trustees are pleasèd wllh the results for thls financial year and with amounts that were available for distribution to varlous organlsations during the year. STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng document The CharSty is controlled by its governlng document, a deed of trust, and constitutes Ilmlted company, limlled by guarantee. as defined by the Companies Act 2008.
TRUSTEES RESPONSIBILfi STATEMENT The Trustees are responsible for preparing the Trustees, report and the financial slat&ments in accordan wllh applicable law and the United Kingdom Accounting Stsndards (United Kingdom Generalty Accepted Accounling Practice). Charlties legislation requlres the Trustees to prepare financial statements for e8ch financial year. Under Charities legislation the Trustees must not approve the financial statements unless they are satisfied they give a true and fair vlew of the state of affalrs of the charity and of the incoming resources including the receipts and payments, of the charity for that year. In preparing th&se financial ststements, the Trustees are requlred to.. - select suitable accounting policles and then apply Ihem consistently, -observe the methods and principles In the Charfties SORP. -make ludgrnenls and accountlng estlmates that a reasonable and prudenL' -slate whether applicable UK accounting standards have been followed. subJecl to any material departures dlsclo$ed and explained in the financial statements. -prepare the financial statements on the going concern basls unless it Is inappropriate to presume that the charttable company will continue In operation. The Trustees are responsible for keeplng adequate a¢Unting records that are sufflcient to show and explain the charity's Iransaclions and dlsclose with asOnable accuracy at any tlme the financial position of the charity and enable them to ensu th8t the flnanclal Statemènts comply wllh the charllles18gislation. They are also responsib18 for safeguardlng the assets of the charity and hence for tsking reasonable steps for the prevention and detection of fraud and other Irregularities. Approved by order of the board of trustees on 20 February 2024 and slgned on [1$ beha by: Mr Patrick Murray Trustee
Claragh Bridge Vintage Club Independent exam Iner's report to the charity trustees of Claragh Bridge Vintage Club You have acknowledged on the balance sheet as at 31 De¢ember 2023 your duty to ensure that the company has kept proper accounling records and to prepare accounts that gwe a tru8 and falr view under the Companies Act 2006. You consider that the company is exempt from Ihe ststutory requirement for an audlt for the year. Respeetive responslbilitles of charlty trustees and examiner As the charity trustees (and also the directors of the Company for the purposes of company law) you are responslble for the preparation of the accounts In accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not Subject to audll under Company law, and 18 eliglble for independent examinatlon. It is my responsiblbty to: 1. Examine the accounts under sectlon 65 of the Charities Act 2. Follow the procedures lald do in fhe general Directlons glven by the Charity Commission for Northern Ireland under section 65{9)(b) of the Charities ACL 3. State whether particular matters have come to my attention. Basis of Independent examiners report I have examined your charlty accounts as required under secllon 65 of the Charities Ad and my examinallon was carried out in accordance with the general Dlrèctions given by the Charity Commlssion for Northem Ireland under seclion 6S(9}(b) of the Chartlles Act. The examinatlon included a revSèw of the accounllng r6cords kept by the Charlty and a comparison of the accounts presented with those records. It also incltsded consideration of any unusual Items or disclosures in the accounts, anij seeking explanations from you as charity trustees conrning any such matters. My role Is to state whether any material matters have come to my attention givlng me cause to believe.. 1. That accountlng records were not kept in accordance wllh 8ectlon 386 of the Compani88 Act 2006. 2. That the acLounts do not accord wlth those accounting records. 3. That the accounts do not compty with the accountlng requirements of sectlon 396 of the Companies Act 2006 and wtth Ihe methods and principles of the Charitles Statement of Recommended Pradlce applicable to charities preparing their accounts in 8¢cordancg wlth the Financial Reportlng Standard applicable in the UK and Republic of Iland. 4. That Ihere is further informatlon needed for a proper understsnding of fhe accounts to be reached.
Claragh Brldge Vintage Club Independent examinerfs statement I have compkted my examinatlon and have no ¢oncems In respect of th& matters (1) to {4) Ilsted above, and in connection with following the directions of the Charity Commisison for Northern Ireland, I have found no matters that require drawing to your attention. LKerr&Co Chartered Accountants Unit 58 Armagh Business Centre Loughgall Road Armagh BT617NH 20 February 2024
Claragh Bridge Vintage Club Statement of Financial Activities for the year ended 31 December 2023 Incomlng resources 2023 2022 Unrestricted funds Membership Fees received Vintage Show Donatlons Interest recelved Tractor run 80 27,708 570 43 5,435 33,836 95 23,894 2,576 26,571 Restrlcted funds National Lottery Awards for all 4,750 Total Incomlng resources 38.586 26,571 Re80urces expenses Unrestrtcted funds Donatlons Admlnistrative Expenses 15.450 8.263 23.713 10.120 11,211 21.331 Restricted lunds Charltable actlvSties 4.750 4,750 Total resources expenses 28.483 21.331 Fund balanc08 brought forward 19,996 14,756 Fund balances carrled forward 30,119 19,996
Claragh Bridge Vintage Club Balance Sheet as at 31 December 2023 Notss 2023 2022 Flxed assets Tangible assets Investments 1,194 5.340 6,534 5,340 5,340 Current assets Cash at bank and in hand 20,302 13.995 CredltoryJ: amounts falllng due withln one year (540) (540) Net current assets 19.762 13,455 Net assets 25.102 19,989 Income funds Unrestrlcted fund8 Restrlctsd funds 30,119 19,996 Total funds 30,119 19,996 The charitable company Is entitled to exemption from audlt under section 477 of the Companles Act 2006 for the year end 310ec8mber 2023. The members have not required the charitable company to obtaln an audlt of its financlal stslements for the year ended 31 December 2023 in accordance with Sectlon 476 of the Companles Act 2006. The trustees acknedge thelr responslbilitles for (al ensuring that the charitable company keeps accounting records that comply wlth Section 3B6 and 387 of the Companies A¢t2006 and (b)preparing flnanclal statements whlch glve a true and falr view of the slate of 8ffalrs of the charltsble company as at the end of each financial year and of its surplus or deficit for each financial years in accordance wilh the requirements of Sections 394 and 395 and which olherwlse compty with the requirements of the Companies Act 2006 relating to finandal statements, so far as applicable to the charitable company. These financlal statements have been prepared in accordance wlth the special provlslons of Part 15 of the Companies Act 2006 relaling to small charitsble companie8. Th6 financial statements were approved by the board of Trust888 on 20 February 2024 and were signed on its behalf by.. Mr Liam O'connor (Dlrector)
Claragh Bridge Vlntage Club Notes to the Accounts for the year ended 31 December 2023 l Accounting poli¢ie8 The finandal stalements of the Gharitable company. which is a pthjlic benefit entry under FRS 102. have been prepared in accordance with the CharFti8s SORP (FRS 102) 'Acwunting and Reporting by Charities.. Statement of Recommended PraCte applicable to charities preparing their accounts in accordance with the Financial Repoiing Standard applicable in the UK and Republic of Ireland IFRS 102) leffeclive 1 January 2015),, Financial Reporting Standard 102 'The Financial Reportlng applicable in Ihe UK and Republic of Ireland, and the Compani85 Act 2(Ki6. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Stsiement of Financial Activities once the charity has entitlement to the funds, 11 is probable that the tncome will be received and the amount can be m9asured reliably. D•preclation Depreciation has been provlded at the folbwirKJ rates in ordér to write off the 888ets over thelr estimated useful Ilves. Plant & 8quipm8nt Over S ygars Exepnditure Liabililles aro ra¢ognised a8 éxpenditure as soon as there Is a légal or eonstructlve obligation committing the charity to that expenditu, it is probable that a transfer of economic benefits wlll be required in settlement and the amount of the obligalion Can ba m8asured reliably. Expenditure Is accounted for on an accruals basis and has bean cl88sified under headings that a99tegate all cost related lo the category. Where costs cannot be directly attributsd to particular headings that havg been allocated to activitles on a basis nsIStent with the use of sourC@s. Fund aecountlng Unrèstricted funds Can be used accordance with the charitable objectiV8s at tho discretion of ihe trustees. Restricted fvnds can onty be used for p8rbcular restriced purposes within the objects of the charity. Restrictions arisè when specified by th8 donor or when funds are raised for partlcular restricted purpose$.
Claragh Brfdge Vintage Club Notes to the Accounts for the year ended 31 December 2023 2 t)onations - unrestrictod funds 2023 2022 Au115im Downpatrick Chest Heart & Stroke Associallo Helping Hand Dalsy Lodge Cancer Fund Food Bank Sliev6 Croob 1st Responders Ukraine Kevin Bell Trust Mymy Knock•vin Sp8¢ial School C Milligan Order of Malta Ambulan Corps Guide Dogs for the 81ind Kids Kabin Friends of St Franci$ Pensioners dinner Sands Ngrthern Ireland Hospice Food Bank Sarah Addis Miscollaneous donations 3.000 3,750 100 3,000 100 180 500 500 500 1,000 1,500 200 100 500 500 SCK) 800 500 750 750 2,200 300 1,540 1,OC4J 100 1,000 700 10,120 3 Expen$8s - Llnre$tri¢tsd funds 2023 2022 Insurance Vlntag& Show- General cosuexpenses Vintage Show- marquee hire Printing and publishing costs Postage and stationery Equlpmenl expensed Accountancy Fees Motor & machinery expenses Bank charges Heat & light Depreciation 700 1,420 950 1,699 69 1,200 678 84 269 1,631 6,440 1,800 534 438 247 121 8,263 11,211
Claragh Bridge Vintage Club Notes to the Accounts for the year ended 31 December 2023 Expenses - restrlcted funds 2023 2022 Fun day 4,750 4.750 4 Operating profit 2023 2022 This is staled after char9ir¥J: Depr8c4ation of owned ftxed assets 1,194 5 Tanglblo Ilxod asset8 Plantand oquipment Cost Al 1 January 2023 At 310ecemter 2023 4,335 4.335 Depreciation Ai 1 January 2023 Charge for the year At 31 December 2023 3,141 1,194 4,335 Net book value At 31 6mber 2023 Al 31 Dec8mb6f 2022 1,194 6 Investments Other investmonts Cost At 1 January 2023 5,340 At 31 December 2023 5,340 Other invè8tm0ftts 2023 2022 Unlistod investnents 5,340 10
Claragh Bridge Vintage Club Notes to the Accounts for the year onded 31 December 2023 7 Creditors- amounts falling due withln one year 2023 2022 Accruals 540 540 B Unr•strl¢ted fund8 2023 At 1 January 2023 Incoming resources uulisedll1eaSed) Transfers to g@neral fund 19,996 33,836 (23,713> 10,123 At 31 December 2023 9 Ro8trlctsd funds 2023 At 1 January 2023 Incoming resources Utillsodllrele868d) 4,750 (4,750} Al 31 December 2023 9 TaxatEo The corr4)any 18 a registered charity and Is therefore not liable to taxation. 10 Llabillty of member8 Claragh Bridge Vintage Club is a company limited by guarantee. The liabilty of the members Is limitèd to an amount not exceeding £1. 11 Controlllng party There Is no ultimate controlling paty 11