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|||||Statement|Statement|Statement|of Financial|of Financial|Activities|Activities|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||for|the|year|ended|31 March||2024|||
||||||||Unrestricted|||Restricted|||
|||||||||Funds||Funds|2024|2023|
|Income
and
Expenditure|||||||||||||
|Incoming
Resources|||||||||||||
|Grant
Income|||||3.|||||353,482|353,482|382,169|
|Other income|||||3.|||13,630|||13,630|30,981|
|Bank
interest|||||3.|||138|||138|20|
|Total
Incoming|Resources|||||||13,768||353,482|367,250|413,170|
|Resources
Expended|||||||||||||
|Direct
Charitable|Expenditure||||4.|||12,380||328,549|340,929|373,333|
|Management
&|Administration||||4.|||1,992||27,913|29,905|37,377|
|Total
Resources|Expended|||||||14,372||356,462|370,834|410,710|
|Net
Incoming
/|(Outgoing)||Resources|||||(604)||(2,980)|(3,584)|2,460|
|Transfer
between|funds|||||||(8,337)||8,337|||
|Balances
brought|forward|I|April|2023||||55,767||135|55,902|53,442|
|Balances
carried|forward|31|March|2024|11.|||46,826||5,492|52,318|55,902|
|||||Ballynlagroarty|Ballynlagroarty|- Hazelbank|- Hazelbank|- Hazelbank|Community|Community|Partnership||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||(A|company|limited||by|guarantee)|||||
||||||||Bala|nce|sheet||||||
|||||||as|at 31|March||2024|||||
||||||||||2024||||2023||
||||||Notes||||||||||
|Fixed
assets|||||||||||||||
|Tangible|assets||||8.|||||5,492||||9,237|
|Current|assets||||||||||||||
|Debtors|||||9.||30,218|||||48,414|||
|Cash
at bank||and||in hand|||24,831|||||21,480|||
||||||||55,049|||||69,894|||
|Current|liabilities||||||||||||||
|Bank
overdrafts||||||||2,697||||10,071|||
|Creditor|and|Accruals||||||5,526||||13,158|||
||||||10.|||8,223||||23,229|||
|Net
current||assets||||||||46,826||||46,665|
|Total
assets||less||current|||||||||||
|liabilities||||||||||52,318||||55,902|
|Reserves|(note||I|I)|||||||||||
|Brought|forward|||at I April|2023||||||||||
|Unrestricted||||||||||46,826||||559767|
|Restricted||||||||||5,492||||135|
|||||||||||52,318||||55,902|
||The
financial
statelnents
are
prepared|The
financial
statelnents
are
prepared||on|a going
concern
basis|a going
concern
basis|under
the|historical|historical||cost|cost|convention,|convention,|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||modified|to include
certain
items
at fair||value.
The
financial||statements
are||presented|||in|sterling||which|
||is the functional
currency
of thc charity.||||||||||||||
|2.1.|Incoming|resources|||||||||||||
||All
inconling
resources
are
included||in
the
statement
of
financial||||activities||when||the|charity||is|
||entitled|to
the
income
and
the
amount||can|be
quantified
with|reasonable
accuracy.||||The||following|||
||specific|policies
are applied
to
particular||categories
of income:|||||||||||
||Grants
received
are
recognised
at fair||value||when
the charity|has entitlement||after
any|||performance||||
||conditions|have
been
met,
it is probable||that
the
income
will||be|received|and|the
amount||||can|be|
||measured|reliably.
If entitlement
is
not||met|then
these
amounts|are|deferred.||||||||
||Capital
grants
are released
to
the profit|||and|loss
account
in the year||in which|they are|||received||in||
||line with|the SORP
Accounting
& Reporting|||by Charties.||||||||||
||Revenue|grants
are credited
to the Statelnent|||of Financial
Activities||in the year||they are received.||||||
||Donations|& other
income
is classified||as unrestricted
funds
and
is|||recognised||when|receipt|||is||
||probable|and entitlement
is established.|||||||||||||
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##
|||||||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Funds|Funds|2024|2023|
|Grant||Income||||||||||
|Department|||for|Communities|||||98,783|98,783|135,878|
|Derry||City|and|Strabane||District|Council||30,403|30,403|39,855|
|BBC|-|Children||in|Need||||24,928|24,928|39,406|
|Education|||Authority||||||98,052|98,052|64,842|
|NHIP|||||||||35,001|35,001|30,988|
|CRJ|||||||||1 1,220|1 1,220||
|Comtnunity|||Foundation|||NI|||54,351|54,351|45,945|
|Halifax|||||||||744|744||
|Right|Time||Right||Place||||||2,921|
|Pathways|||||||||||22,334|
||||||||||353,482|353,482|382,
169|
|||||||||Unrestricted|Restricted|||
|||||||||Funds|Funds|2024|2023|
|Other||Income||||||13,630||13,630|30,981|
|||||||||Unrestricted|Restricted|||
|||||||||Funds|Funds|2024|2023|
|Deposit||Interest||received||||138||138|20|
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|4.|Resources|Expended|Expended|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Unrestricted||||Restricted|Total|Total||
|||||||||||Funds||Funds|2024|2023||
||Direct
Charitable|||Expenditure||||||||||||
||Wages
& salaries|||||||||12||217,925|222,037|239,669||
||Staff
pension||costs|||||||||4,959|4,959|10,302||
||Progrmnme||Costs|||||||8,032||102,
156|110,188|1 18,23|1|
||Depreciation||of Fixtures|||& Fittings||||236||3,509|3,745|5,131||
|||||||||||12,380||328,549|340,929|373,333||
|||||||||Unrestricted||||Restricted|Total|Total||
|||||||||||Funds||Funds|2024|2023||
||Management||& Administration|||||||||||||
||Overheads|and
running||||costs||||1 ,440||26,040|27,480|35,506||
||Bank
fees|||||||||552|||552|71||
||Accountancy||fees|||||||||1 ,873|1 ,873|1,800||
|||||||||||I ,992||27,913|29,905|37,377||
||Total
Expenditure|||||||||14,372||356,462|370,834|410,710||
|5.|Net
incoming/||(outgoing)|||resources|||for|the
year||||||
||||||||||||||2024|2023||
||Net
(outgoing)/
incoming|||||resources||is|stated anercharging:|||||||
||Depreciation||and other||amounts||written||off tangible||fixed|assets|3,745|5,131||
||Accountancy||Fee||||||||||1,873|1,800||
##
||As
a charity,Ballymagroariy|As
a charity,Ballymagroariy|As
a charity,Ballymagroariy|Hazelbank|Hazelbank|Hazelbank|Cotnmunity|Cotnmunity|Partnership|Partnership||is exempt|from|from|tax
on|income|and|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||gains
falling|within|section|505|of the||Taxes|Act|1988|or s256|of|the Taxation||of|Chargeable|||
||Gains
Act
1992
to||the extent|that||these|are|applied|to|its chargeable||objects.||Accordingly,||no|tax|
||charges
have|arisen|in the charity.|||||||||||||||
|8.|Tangible
assets|||||||||||||Fixtures,||||
|||||||||||||||Fittings
&||||
||||||||||||||Equipment||||Total|
||Cost|||||||||||||||||
||At
I April
2023||||||||||||||36,639||36,639|
||Additions|||||||||||||||||
||At 31
March|2024|||||||||||||36,639||36,639|
||Depreciation|||||||||||||||||
||At
I April
2023||||||||||||||27,402||27,402|
||Charge
for|the year|||||||||||||3,745||3,745|
||At 31
March|2024|||||||||||||31,147||31,147|
||Net
book
values|||||||||||||||||
||At
31
March|2024|||||||||||||5,492||5,492|
||At
31
March|2023|||||||||||||9,237||9,237|
|||||||||Page|14|||||||||
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|9.|Debtors|||2024|2023|
|---|---|---|---|---|---|
||Giants|receivablc||24.392|48.414|
||Other
debtors|||5.826||
|||||30218|48,414|
|10.|Current|liabilities||2024|2023|
||Bank
loans
and||overdrafts|2.697|10,071|
||Other
creditors|||,430|500|
||Deferred|incotne||2.296||
||Accruals|||-SOO|2.658|
|||||8.223|23.229|
|It.|Movements|in|Funds|At|||Transfer||At|
|---|---|---|---|---|---|---|---|---|---|
|||||1 April|Incomina|Outgoing|between|31|March|
|||||2023|resources|resources|funds||2024|
||Restricted|funds:||||||||
||Total
restricted||funds|135|353.482|(356.462)|8.337||5.492|
||Unrestricted|funds:||||||||
||Total
unrestricted||funds|55.767|13.768|( 14.372)|(8.337)|||
|||||55.902|367.250|(370.834)|||52,318|