Annual Report for the year ended 31 December 2023
The trustees of St Patrick’s Community Centre Portaferry are pleased to submit their report and accounts for the period 1 January 2023 to 31 December 2023.
Achievements and Performance
Surplus for the year Members of public served.
£15,296 300
Financial Review
Financial Performance
Financial performance in the year to 1 January 2023 to 31 December 2023 has been consistent with the trustee’s forecasts and expectations; this has been due to the Centre being quite busy, also a few grants had been applied for and was forthcoming with money. There was a small decrease of income over expenditure of £135 in comparison to the loss of £1087 in the year to 1 January 2022 to 31 December 2022.
The year ended with a bank balance of £15,296.87 (compared £1774 for the same date last year).
Detailed accounts can be found on page.
Income
Income receipts for the year totalled £34,645 – an apparent increase of £26,073 this increase is due to the Centre being open and busy for business and also Grants applied for.
Expenditure
Expenditure for the year totalled £21,457 – an increase of £11,732 on the previous year (£9525).
Accounts for the Year ended 31 December 2023
Receipts & Payments Account
| Unrestricted | Restricted | Total | Last Year | |
|---|---|---|---|---|
| Funds | Funds | Funds | ||
| Receipts | ||||
| Hire of Hall | 17,535 | 17,535 | 7953 | |
| Bank Interest | 4 | 4.00 | 2.00 | |
| Electric | 0 | 0 | 574 | |
| Grant | 15,460 | 15,460 | 0 | |
| O/S Cheques | 1644 | 1644 | 0 | |
| Total Receipts | 34,643 | 34,643 | 8572 | |
| Payments | ||||
| Electric | 2837 | 2837 | 4483 | |
| Heatng | 3205 | 3205 | 2073 | |
| Maintenance | 3532 | 3532 | 2067 | |
| Cleaning Materials | 811 | 811 | 167 | |
| Water Rates | 1047 | 1047 | 694 | |
| Bank Fees | 58 | 58 | 38 | |
| Licence | 498 | 498 | 1 | |
| Consultaton | 3300 | 3300 | 0 | |
| Halloween | 3490 | 3490 | 0 | |
| Tuiton | 600 | 600 | 1.00 | |
| Total | 19,378 | 19,378 | 9525 | |
| Payments | ||||
| -------------------------------------------------------------------------------------------------------------------------------------- | ||||
| Net of Receipts | -953 | -953 | -953 | |
| Cash Funds Last Year | ||||
| Cash Funds for | ||||
| this year | 13,338 | 13,338 | 13,338 |
Statements of Assets
Cash Assets
Unrestricted Restricted Total Funds Funds Funds Danske Bank 15,296 15,296
Reference and Administrative Details
Charity Name
St Patrick’s Community Centre, Portaferry
Charity Number
Registered Charity in Northern Ireland, No.106700
Principal Address
49 Steel Dickson Avenue Portaferry BT22 1LG
Charity Trustees as of 31 December 2020
James Magee Chairman Catherine Mageean Secretary Madeline Dynes Committee Member John Dumigan Committee Member
Structure, Governance, and Management
Governing Document and Constitution
The Centre is governed by a constitution adopted January 1996.
The Centre is run entirely by the Trustees and are not eligible for reimbursement of any out-of-pocket expenses. As of 31 December 2020.
Trustee Selection and Management
The Centre is managed by the Trustees. A number of the trustees also hold offices within the centre, for example the Treasurer. These officers are noted in the list of current trustees above.
The Trustees meets typically once per month; in the year to 31 December 2022 a total of 1 formal meeting took place due to the Centre being closed for Covid.
At each meeting the Treasurer presents the latest accounts, spending is discussed and approved. Officers may authorise some spending, between meetings, within set limits but must ensure such spending is reported at the next meeting.
The meetings also offer a forum to review recent activities within our programme and to plan for the coming events. Further ad hoc meetings are called if required, for example to plan and manage special events or projects.
The Annual Report and Statement of Accounts are approved by the trustees.
Objectives and Activities
Charitable Objects
The object of the Centre set out in our Constitution is to promote the benefit of the inhabitants of Portaferry, and the surrounding neighbourhood, hereinafter called the area of benefit, without distinction of sex, or of political, religious or other opinions, to provide facilities in the interest of social welfare for recreation and entertainment with the object of improving condition of health and well-being of the said inhabitants. Improve understanding and increase acceptance between different groups within the community. Maintain a financially sustainable organization that will remain active in the community for many years to come.
Approved and adopted by a meeting of the Executive Committee on 9th October 2021 and signed on their behalf.
Madeline Dynes Committee Member