Chaiit No: 105167 St Patrick's Youth Club Donaghmore Annual Accounts FOR YEAR LNDED 31 MARC112023 BRIA]VROBINSO]VACCOUNfANCYLfD CIL4R TERED ACCOUNfANr 30 MAINSTREEr CASTLECA ULFIELD DUNGANNON CO TYRO]VE Bf70 3]VP 87767661
St Patricl<Ys Youth Club, Donaghmore Accounts for the year ended 31 March 2023 Client's certificate We approve the annual accounts set out on pages 2 to 5 for the year ended 31 March 2023. We confirm that wc havc made available all relevant records and information for their preparation. Malachy Mccullagh Chairperson 10-06-2023 Accountant's Re ort As described above, you have approved the accounts for the year ended 31 March 2023 set out on pages 2 to 5, In accordance with your instructions, we have compiled these unaudited accounts from the accounting records, infom]ation and explanations supplied to us. ian Robinson Aecountancy Ltd Chartered Accountant 10-06-2023
St Patrlckls Youth Cliib DonRglimore Income xpenditiire Accoiint for the year ended 31 MArch 2023 2023 2022 Ineoine Education Authority Gi'aiits Sundry uicoiiie Bank interest received 2.000 1,022 3,026 Expendlture Wages Staff training Insiirance Liglit and lieat Repairs and consumables TeLeplione Computer cost8 Events and outings Accountancy Bank charges Swidry expenses Deprexiation on buildlngs Dcpreciation on Equipinent Capital grant ainortisation 2,384 1,500 451 810 700 1,955 780 500 150 600 480 86 20 10,258 914 (11,153) 392 362 70 360 10,258 1,075 (11,307) {2,635) (9,010) Nét Surplu8 1 (DefAclt) (2,634} (5,984) Page 2
St Patrick's Youtlj Cliib Don&glimore IlalAn¢e sheet as at 31 March 2023 2023 2022 Note8 r4lxed assets Tangible assets 800,465 811,637 Current assets Casli at baiik and in I]ld 537 2,172 Currcnt liabilities (llote 3) Otliei. creditors Accruals 40,708 980 40,708 41,688 40,708 Net current Ilabllitles (41,151) (38,536) Total assets less current IlabllfitEes 759,314 773,101 Long-terin liabilities (300,761) (311,914) 461,187 Net asset8 458,553 Capltal gdccount Opening reserves SurElus/(Defioit) for die year Closing reserves 461,187 {2,634) 467,171 (5.984) 458,553 461,187 Psge 3
St Patrickls Yoiith Club Dollaghmore Notes to the aecoiints for the ye&r ellded 31 Mllrch 2023 Aecounting policios 1.1. Aecountlng conveiitloii The accounts are prepared under the liistorical cost coiivention modified wlien necessary to include tlie rcvaluation of certain fixed assets. Income tncoine represents revenue antS and donations received. 1.3. Tangible fixed asset& and deprecilltion Depreciation is provided al rates calculated to write off tlie cost or valuatioii less residual value of each asset over its expected useful life, as follows.. Freeliold Buildings Fixtures, fittings and wuipinent Straight Line over forty years 150/0 Rediicing Balance 1.4. GrAnts Orants are credited to deferred revenue. Grants towards capital expenditure are released to the profit and loss account over tlie expected useftil life of tlie assets. Grwits toward8 reveniie expenditure are rcleascd to the profit and loss account as the relaLed expenditure is incurred. Tanglble assets Land Bufildlngs freehold freehold Equlpment Total Cost At l April 2022 ** 500,000 410,317 40,700 951,017 At 31 Marcli 2023 500,000 410,317 40,700 951,017 Depreclatlon At l April 2022 Cliarge for the year 104,770 10,258 34,610 914 139,380 11,172 At 31 Marcli 2023 115,028 35,524 150,552 Net book values At 31 Marcli 2023 500,000 295,289 5,176 800,465 At 31 Marcli 2022 500,000 305,547 6,090 811,637 NB ., Land is included at valuation as per Youdi Cliib Tte£S Page 4
St Pnliiclils Yoiith Club Donaghmore Notes to the a¢¢oiints foi" the year ended 31 mai.ch 2023 Ciirvcnt liAbilitle5 2023 2022 Otlier creditor8 Accruals and deferred income 40,708 980 40,708 41,688 40,708 Lollg-term liabilities 2023 2022 Capital Grant 300,761 311,914 Page 5