Charlty Reglstratlon Number. NIC: 105816 Cloney Rural Development Association Report and Accounts for the Year End: 31 December 2020
Cloney Rural Development A5soclatlon Report and Accounts for the Year End 31 tlecember 2020 Contents Page Independent Examlnerfs Report Funds Statements:. Receipts & Payments Account Statement of Assets & Liabilttie5 N¢)tss to the accounts
aon•y Rufal D•wlopment Assodatlon JndependÈb)t Examlnerfs Report to the Trustees ola1 Rural Dwelopmert AssodatloTr I report on the accounts of Cloney Rural Development Association for the perrod ended 31 December 2020, which are set out on pa8es 2 to 4. Re5pe¢iive Responslbllt5es of thèTrnste¢s and Examlntr As the Charitvs Twstees yoil are responsible for the preparatHw of the accounts in accordance with the Charities Act (Northern Irelandl 2C118. It is my responsibility to- examine the accounts under section 65 of the Charities Act 2008.. follow the procedures laid down in the 8eneral Directions gtven by the Commission under section 6519llbl of the Charities Act 2(KJ8- state whether particular matters have come to my attention. 8asls of Independent Examinerfs report I have examined your Charity accounts as required under section 65 of the Charitie5 Aci and my examination was carried out in accordance with the geneial directiorns given by the Charlty Commission for Northern Ireland under section 6519llbl of the Charities ACL My examination included a review of the attounting records kept by the Charity and a comparison of the accounts presented with those record5. It a150 included tonsiderntion of any unLtsual items or dclOSUre5 in the accounts. and Seeking explanations Irom you as Charity Trustees concernin8 any such matter5. My role is to state whether any material ffl8tter5 have come to myattention 8iv¥n8 me cause to believe.. l. That aecouniing records were not kept in accordance with settion 63 of the Charities ACL 2. That the accounts do not accord wth those accountin8 records. 3. That the accounts do not compty with the accounting rUlTeMentS of the Charities Act. 4. That there is further information needed for a proper understandin8 01 the accounts to be reached. Indepertdent Examlnerfs Statement I have completed my examination and have no ¢on¢ems in respect of the matters111 to141 listed above and. in connettion w¢th following the directions of the Charity Commi55ion for Northern lieland- I have found no matters that require drawing to your attention. XHA Hi88ins FCA Chartered Accountant 9 Knockanully Road Martinstown Ballwnena BT43 7LZ This report ¥S signedon 18 Ottober2020 Pa8e I
CkneyRural De¥dopTr¢niAss(thU Statemertof Recelpis & panents1orPQ1l0d Er. 31 DKembw 2020 CuFrentYear Funds Fur Funds RECEIPTS DonatlOn5 & Legac5 Choiitoble Actiw£ies.' Fundr3i%ng- 75 aub Fundraising- Events MEAGrants 4.850 1052 L716 L214 2.050 120 OEhEr6Trnt5 Cooperation Ireland Grant HI01 Fxilities 120 50 2,290 U70 F4PENDifuRE.Charabl•Pth Heat, ShI & Power Teoms In5LFrdnce 3.764 3.764 1.208 89 Nl Water Mainienance & Repairs Fundrai5in8- Events Donioon5- Sl Marys GAC Oonations- Macmillancancer 75 Club 250 L418 1952 3.675 1.952 3.675 1.740. 1625 88nk tees Ac¢¢untanry Fee5 Sundry 281 210 281 iio 192 14 sset I Investwnt Purth•ses Swplusl (Delkltl forthtyear 130 1615 Pa8e 2
aoney Rural De¥el¢)pmèntAswdatkni Staiement of Asseis and Uobllllles asat: 31 De¢wnbv 2020 FUNDS RECONCIUATION Current Year Current Year RSted lunds Cunent Year Tot•1 Funds 2020 Funts Total Funds brought forward 01.01.20 Surplus/ Deftcit this Year.. Total Funds carried forward 31.12.20 12.135 12.484 91 11301 12226 12.6151 9.612 11.764 B•nk & C•sh 8alances FirstTru5t CurTentAcc Cash in Hand 9.6JZ 12226 9.612 OtherAssets IUnrestrt(ted Fu ilabllltles Iunrestrfrted Fund) TOTAL I1A$SE[S 9,612 12.2Z6 Thi5 report was approved by the Trustees on 18 Cktober 2020 and signed on thar behalfby.. Teresa Magee Chalrperson M3rtin 4qnew Treasurer CloJey Rurol DevelOptA$s0dotiD Page 3
Cloney Rural Deve14Jpment Association Note5 to the Accounts for the Year End: JI l)e¢ember Z020 l Ac¢ountin8 poli¢Ées Policies reloting to the produrtion of the Accoun Basls Df weparation and accounllng ¢on¥eTrtl¢)n The Accounts have been prepared on the receipts and payments basis, under the historical ¢05t convention, and in accordance with The Charlties IAccounts and Reports) Regulations INorthern Irelandl 2015 whid) are applscable to the financial years of registered charities beginning on or after l January 2016 or their date of registratM)n with The Chartty Commission for Northern Ireland. Goin8 Concern The charitable attivities are entire dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the 8oTrng concern basis is dependent on the future flow of these uncertain fundlng Streams. Accordingly, the Trustees, after reviewing the financial forecasts for future periods. are satIsfd that. at the time of approving the financial statements. it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters, the Tru5tee5 are not aware of any material uncertainites about the charity's abilrty to continue as a 8oin8 concern. Fund Ac¢ountln8 Unrestritted funds are available for use at the discretion of the Tnjstees in fvrtherance of the general objeiveS of the charity. Restricted funds are Subjected to re5trirtions on their expenditure imposed by the donor or throu8h the lerms of an appeal or as iMpld by law. Uabl1 to tsxatk>n The Tru5tee5 consider that the tharity sati5fie5 the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordin8ty, the Charrty is potentialty exempt from taxation in respert of income or capital gains received. Windln8 up or dlssolutlon ol the chartty If upon winding up or dissolution of the charrty there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodles having simrlar obj.erts to the charity. Page 4