Chatil No: 105167
St Patrick's Youth Club
Donaghmore
Annual Accounts
FOR YL4 AR ENDLD 31 MARCII 2024
BR.IANROBINSONACCOUNTANCYL TD
CH4RfF.RFD ACCOUNTANT
30 MAINSTRE4ET
CA.STLECA ULFIELD
DUNGANNON
CO TFRO]VE
B T70 3]VP
87767661

St Patrick's Youth Club, Donaghmore
Accounts for the year ended 31 March 2024
Client's certificate
We approve the annual accounts set out on pages 2 to 5 for the year ended 3 I
March 2024. We confirni that we have made available all relevant records
and information for their preparatioii.
Malachy Mccullagh
Chairperson
03-12-2024
Accountant's Re
ort
As described above, you have approved the accounts for the year ended 31
March 2024 set out on pages 2 to 5, In accordance with your instructions, we
have compiled these unaudited accounts from the accounting records,
inforination and explanations supplied to us,
ian Robinson Accountancy Ltd
Chartered Accountant
03-12-2024

St Patrlck's Youth Club Doiiaghmore
Income and Li xpeiidltiii"e Accoiint
for tlie yellr ended 31 Mvdrch 2024
2024
2023
Income
Education Autliority Grants
Sundry income
Bank interest received
26,726
440
27,166
I xpenditure
Wages
InSur￿l¢e
Liglit and heat
Repairs aiid consuinables
CoLnputer costs
Events and outin&ys
Accowitancy
Bank charges
Sundry expenses
Depreciation on buildings
Depreciation on Equipinent
Capital grant amortisation
11,568
658
4,400
525
575
7,955
545
92
3,249
10,258
776
(11,022)
780
500
150
600
480
86
20
10,258
914
(11,153)
(29,579)
(2,635)
1¥4et Surplus l (Deficit)
(2,413)
(2,634)
Page 2

St PRtricli's Yoiitli Clul) Donaghnioi'e
Balance sheet
as at 31 M&rch 2024
2024
2023
Notes
xed assets
Taiigible asscts
789,431
800,465
Current assets
Casli at bank and in liand
406
537
Current Illlbllitles (note 3)
Othei. creditors
Accruals
43,958
40,708
980
43,958
41,688
Net eurrent IlabiEltie8
(43,552)
(41,151)
Total llssets le58 ciirrellt
liabllities
745,879
759,314
t￿ng-terM liabilities
(289,739)
{300,761)
Net A8set8
456,140
458,553
Capltal Account
Openllig reserves
Surplus/(Deficit) for Llie year
458,553
(2,413)
461,187
(2,634)
Closing reseives
456,140
458,553
Page 3

St Patricli's Yoiith Club Donaghmoi'e
Notes to tlie aeeounts
foi. the ye&r ellded 31 Maiih 2024
Accounting policles
Accounting convelltlon
Tlie accounts are prepared uiider tlie histoi'ical cost conventioii Inodifi￿ wlien nccessary to include the
revaluation ol. ccrtain tixed assels.
Ineome
InLuinc reprcsents revenue grants and donations received.
T&Riglble fixed asset8 and deprecilltion
Dcprcciation is provided at rates calculated ¢0 writc off the cost or valuation less residual value of each
asset over its expected u8¢ful life, as follows,,
Freehold Biiildings
Fixtures, fittiiig8
Artd equLpmellt
Straight Line over foity years
15 % Reducing Balance
1.4. Grant8
Grants are credited to deferr￿ revenue. Grants towards capital expenditurc are released to die profit
and loss account over the expected useful life of the assets, Grants towards revenue expenditure are
released Lo tlie pi'ofit and loss accouiil as tlie related expenditure is incurred.
Tanglble osset8
L4nd
freeliold
Buildings
freeliold Equipment
Total
Cost
At l April 2023
**
500,000
410,317
40,700
951,017
At 31 Marcli 2024
500,000
410,317
40,700
951,017
Depreclatlon
At l April 2023
Charge for the year
At 31 Marcli 2024
115,028
10,258
35,524
776
150,552
11,034
125,286
36,300
161,586
Net booli vAlues
At 31 March 2024
500,000
285,031
4,400
789,431
At 31 March 2023
500,000
295,289
5,176
800,465
** NB . Land is included at valuation as per Youth Club Trustees
Page 4

St Patricli's Yoiitli Club Donagliinore
Notes to tIAe accounts
for thc year elided 31 M&rch 2024
Ciirrent Ilablllties
2024
2023
Otliei. creditors
Accruals and deferred income
43,958
40,708
980
43,958
41,688
Long-term Il&bllltles
2024
2023
Capital Grant
289,739
300,761
Page 5