Chari No: 105167 St Patrick's Youth Club Donaghmore Annual Accounts FOR YEAR ENDED 31 MARCH 2019 BRIANROBINSOIVACCOUNTANCYL TD CHAR TERED ACCOUNTANT 30 MAINSTREET CASTLECA ULFIELD DUNGANNON CO TYROJVE B T70 3NP 87767661
St Patrick's Youth Club, Donaghmore Accounts for the year ended 31 March 2019 Client's certificate We approve the annual accounts set out on pages 2 to 5 for the year ended 31 March 2019. We confinn that we have made available all relevant records and infonnation for their preparation. Malachy Mccullagh Chairperson 21-01-2020 Accountant's Re ort As described above, you have approved the accounts for the year ended 31 March 2019 set out on pages 2 to 5. In accordance with your instructions, we have compiled these unaudited accounts from the accounting records, information and explanations supplied to us. Brian Robinson Accountancy Ltd Chartered Accountant 21-01-2020
St Patriek's Youth Club Donaghmore Income and Expenditure Account for the year euded 31 March 2019 2019 2018 Income Education Authority Grants Sundry income Bank interest received 21,041 7,597 16 17,151 11.263 19 28,654 28,433 xpendlture Wages Insiirance Light and ht Repairs and consumables T¢leplione Events and oulings Accountancy Bank Charges Sundry expenses Equipinent costs Depreciation on buildings Depreciation on Equipment Capital grant amortisation 14,648 407 5.859 732 774 12.348 500 71 110 500 10,258 ,749 (11,953) 16.142 407 4.014 2.258 1,087 4,025 500 76 66 1.300 10.258 2.058 (12,248) {36.003) {29,943) Net Surplus l (Deflclt) (7.349) (1,510) Page 2
St Patrick's Youth Club Donaghmore Balance sheet as at31 Mar¢h 2019 2019 2018 Notes Flxed assets Tangible assets 846,237 858,244 Current Y15sets Debtors Cash at bank and in hand 3.000 10,753 5.991 5.991 13,753 Current Ilabllltles (note 4) Other creditors Ac¢ruals 40,708 2.723 40,708 3,190 43.431 43,898 Net current Ilabllltles (37,440) (30,145) Total assets less current 114bllltles 808,797 828.099 Long-terni liabilities (346,411) (358,3641 Net Assets 462,386 469,735 Capltal Aecount Opcning reserves Surplusl{Deficil) for the year 469,735 (7,349) 471,245 11,510) Closing reserves 462,386 469,735 P•ge 3
St Patrick's Youth Club Donaghmore Notes to the accounts for the vear ended 31 March 2019 Aecountlng policies Accountill8 ¢onventlon The a¢counis are prcparcd under the hislorical Cost conventlOD modified when nccessary to in¢lude the revaluation of certain fixed assets. Income Incoine represents revenue grants and donalions received. 1.3. Tngible fixed assels and depreclatlon Depreciation is provided at rates calculated lo wrile off the cost or valualion Icss residual value of ea¢h asset over ils expected us¢ful life. as follows: Freehold Buildings Fixtures, fillings and ¢quipmenl Siraight Line ovw forty years 15 % Reducing Balance Grants Granis are crediied to deferred revenue. Granis iowards ¢apilal cxpenditure are released to Il)e profil and loss account over the expecied useful life of the assels. Granis towards revenue expenditure are released lo the profil and loss account as the related expendilure is in¢utTed. Tanglble asset$ Lnd Bulldlngs rreehold freehold Equipment Totil Cost Ai l Apri12018 •* 500,000 410,317 40,700 951,017 Ai 31 March 2019 500.000 410,317 40,700 951,017 DcpreciAtlon Ai l April 2018 Charge for the year 63,738 10.258 29,035 1,749 92,773 12,007 At 31 March 2019 73.996 30.784 104,780 Net book values At 31 March 2019 500,000 336,321 9,916 846,237 At 31 March 2018 500,0(MI 346,579 11,665 858,244 ** NB .. Land is included al valuation as pcr Youth Club Tn[eeS Page 4
St Patrick's Youth Club Donagbmore Notes to the aceounts for the year ended 31 M•r¢b 2019 Debtors 2019 2018 Other debtors 3,000 Current IIAblllties 2019 2018 Other creditorg ALcruals and deferred income 40,708 2,723 40.708 3,190 43,431 43.898 Long-term Ilabllltles 2019 2018 Capital Grant 346,411 358,364 Page 5