SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH
(A Company Limited By Guarantee)
REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 30TH JUNE 2024
Registered with Charities Commission for Northern Ireland NIC 106704
Company Number Nl 47153
Charity Number XR60559

SPORTS ASSOCIATION NEWRY, DOWTh AND SOUTH ARMAGH
YEAR ENDED 30TH JUNE 2024
REPORT AND FINANCIAL STATEMENTS
CONTENTS
PAGE
Le(yal and Administrative Inforn]ation
Trustees, Report
Independent Examiner's Report
Stat¢ment of Financial ActRvities 2024
Comparative Statement of Financial Activities 20?3
Balance Sheet
10
Notes to the Financial Statements
19

SPORTS ASSOCIATION IYEWRY, DOWN AND SOUTH ARMAGH
YEAR ENDED 30TH JUNE 2024
TRUSTEES, REPORT (CONTINUED)
Registered with Charities Commission for Northern Ireland NIC 106704
Charity Number
XR60559
Company Registration Number
Nl 047153
Registered Office and Operational Address
Newry Leisure Centre
60 Cecil Street
Newry
BT35 6AU
Chairperson
Oonagh Murray
Honorary Secretary
Lawrence Murphy
Directors and Trustees:
Oonagh Murray
Lawrence Murphy
Declan McAteer
Michael Oweill
Thomas Declan Reilly
Gareth Sharvin
Accountants
J H Mcshane & Co, Ulster Bank House, 9 Irish StreeL
DownpatricK BT30 6BN
Principal Bankers
Santander
41-45 Market Street, Downpatrick, BT30 9EA

SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH
YEAR ENDED 30TH JUNE 2024
TRUSTEES, REPORT
The trustees, who are also the directors of the charity submit their annual report and the financial
statements for the year ended 30th June 2024.
The charity is a charitable company limited by guarantee and was incorporated in July ?003.
Retsistered with Charities Cornmission for Northern treland NIC 106704.
Objectives
To promote membership and reoistration of SANDSA.
To promote, process and administer applications for 'Reco.onition of Achievement for HIJO ] PerfoTmance
Levels in Sport.,
To promote and advance education of those working or volunteerin(T with sportino organisations throuuh
the provision of tra7nino mentorino coachin(y resources and by any other charitable means as the
directors shall consider appropriate.
To Promote the development of amateur Sports and physical actLVIty by the provision, or assistance
in the provision. of facilities, training, coachino, forums and other opportunities for the playing of
amateur sports incLuding amateur sports and physical activity for disabled people in the area of benefit.
To make applications and procure fundincv for sport 2nd physical activity and by that, promote increased
levels of health and wellbeintr within the environs of NMDDC and further to ensure that on successful
application. all ternis of ￿ndin(Y are adhered to.
To create a Strono sportin(Y community base to improve empowement and develop capacity within
the NMDDC area and in so doincy make links with NMDDC and other a(Yencies in order to develop
partnerships and collaborations.
To promote the facilities and services offered by NNfDDC and encouraoe use by SATrfDSA rnembers.
To assist with the administration of the annual NMDDCISANDSA Sports Awards Ceremony and to
seek fimdincr for same.
To promote independent accreditation for Clubs throuoh their Governing Body or Sport Northern
Ireland (Clubmark N.1.)
Achievements
The followin(y courses were offered during the year (twenty tsvo in total)
stren.oth & Conditionints in Spor¢ First Aid & Defibrillator Trainino, Nutrition for Sport. Reachin(T Out
TI￿oU{￿h Sport "Mental Health Course" Safeguardintr Children & Young People in Sport. Disability
Sport NI InclusRon Course, how to RecognRse & Treat Concussion in Sport.
A total of ?07 people from various sports clubs attended this divers¢ range of generic trainino throu(Fhout
the year.
Public Benefits
The charity has oiven care￿1 consideration to the Charity Commission for Northern Ireland's guidance on
public benefit to ensure that the activities entered into during the year have helped to achieve the charity's
objectives and activities as providina public benefit.
Membership
Membership Guarantee
In accordance with the Company's Memorandum of Association each member .uuarantees to contribute
up to one pound sterlino (£1 ) to the Charity's debts, liabilities and costs in the event of the Charity
beincT wound up and for onc year after ccasino to be a member.

SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH
YEAR ENDED 30TH JUNE 2024
TRUSTEES, REPORT
Board of Trustees
Except as provided othcnvise in the constitution the policy and oeneral manaoement of the charity shall
be directed by the Board which shall not be less than five but shall Dot be more than twelve (unless three
further directors are co-opted under the provisions of article(68)).
Appointment of Trustees
As set out in the Articles of Association, the Charity may by ordinary resolution appoint a person
who is willing to act to be a Trustee.
Trustee Induction and Trainino
New Trustees are invited to an induction meeting to familiarise themselves with the Charity and the
context within which it operates. These are facilitated by the Chairperson and Senior Management
Team and cover:
The obli(yations of the Board of Trustees"
The content of the Articles of Asgociation-
The Committee and decisxon-makin(y
Current fmancial position.
processes-
Future plans and objectives.
Risk Manaoement and Uneertainties
The ultimate responsibility for the manatrement and control of the Charity resides with the Board of
Trustees and as such their involvement in the key aspects of the risk manatrement process is essential.
particularly Én settino the parameters of the process and in the review and consideration of the results.
This should not be interpreted as meanincy that th¢ Board must undertake each aspect of the process
themselves.
Reserve Policy
The charity does not maintain a forn]al reserves policy however the Board of Trustees continue to
monitor the level of reserv¢s held by the charity and are satisfied that these are adequate to meet
any unforseen expenditure incurred.
Governance and Mana<Fement
Sports Association Newry, Down and South Arn]agh has appropriate Crovernance sirnctures and procedures
in place to ensure correct decision-makiT)g and the implementation of decisions. All or(yanisational chantse
initlatives and projects are retsularly reviewed by senior mana(Yement.
Operational
The Board reco.onises that a sound internal control system that can respond to si.(mificant risks. is embedded
in operational aotivitics, is capable of rcactin¢T to external and internal chang¢s and will immediately report
major control weaknesses, is a key and essential component of risk manaoement.

SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH
YEAR ENDED 30TH JUNE 2024
TRUSTEES, REPORT (CONTINUED)
Compliance 2nd Regulation
Key controls used by the Charity include:
Fonnal a(rendas, minutes and action plans for staff and Board meetings;
Comprehensive strate<ric plannin¢y, budcvetints and management accountin<F"
Established oroanisational structure, lines of reportino and delecyation duties"
Formal written policies and protocols for Human Resources, Finance, Risk Management, Health
and Safety etc"
Establishment and regular reporting on Key Perfonnance Indicators and tar(yets'
Clear authorisation and approval.
Goino Concern
It is recognised by the Board that the Charity is operating in politically uncertain and flnancially
challenointr times and that these conditions will remain for the foreseeable future. The Charity has an
excellent management team and very strong people and governance protocols.
The trustees are confident that the charity ELas adequate resources to continue in operational existence
for the foreseeable future. Accordin¥oly, the Board believe there are no material uncertainties that cast
significant doubt on ihe Charity's ability to continue as a goino concern and the financial accounts have
have been prepared on that basis.
Finantial Review
Unrestricted Restricted
Funds
Funds
2024
2024
Tot21
Funds
2024
Total
Funds
2023
Total IncomAno Resources
T(ytal Resources Expended
Net Incomintr Resources for the Ye2r
Net (Outooints) Resources for the Year
Net Unrealised (Losses) on Investments
Net Unrealised Gains on Investments
Transfer From Unrestricted to Restrieted
Balance of Funds At Start of Year
Balance of Funds At End of Year
?,090
3.037
3,290
3,290
(3,290)
(),290)
(947)
19.496
16,206
19,496
16,206
?0,443
19,496

SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH
YEAR ENDED 30TH JUNE 2024
TRUSTEES, REPORT (CONTINUED)
Retsistered with Charities Commission for Northern Ireland NIC 106704
Charity Number
]I60559
Company Re(Fistration Number
N1047153
Re(FiStered Office and Operational Address
Newry Leisure Centre
60 Cecil Street
Newry
BTJ5 6AU
Chairperson
Oonatrh Murray
Honorary Secretary
Lawrence Murphy
Directors and Trustees:
OonaiTh Murray
Declan McAteer
Lawrence MU￿hY
Michael OTrJeill
Thomas Declan Reilly
Gareth Sharvin
cha1￿crson
Honorary Secretary
Account2Jlts
J H Mcshane & Co, Ulster Bank House, 9 Irish StreeL
Downpatrick, B TJO 6BN
Princlpal Bankers
Santander
41-45 Market Street, DownpatricL B TJO 9EA

SPORTS ASSOCIATION NEWRY, DONVN AND SOUTH ARMAGH
YEAR ENDED 30TH JUNE 2024
TRUSTEES, REPORT (CONTINUED)
Statement of Trustees, Responsibilities in Respect of the Financi21 Statements
The trnstees (who are also directors of Sports Association Newry, Down and South ATmaoh for the
purposes of company law) are responsiblt for preparino the Trustees, Report and the fmancial statements
in accordance with applicable law and United Kingdom AccoLmtino Standards {Generally Accepted
Accountintr Practice)
Company law requires the inLStees to prepare financial statements for each financial year. which give a
true and fair view of the state of affairs of the Charitable company and of the incoming resources and
application of resources, includincr the income and expenditure, of the charitable Company for that period.
In preparintr these fmancial statements, the trustees are required to:
I Select suitable accountiTLtr policies and apply them consistently-
? Observe the methods and principles in the Charities SORP 2019 (FRS E O?) .
3 Make judcyements and estimates that are reasonable and prudent"
4 State whether applicable UK Accounting Standards have been followed, subject to any
matcrial departures disclosed and explained in the financial statements"
5 Prepare the accounts on the ooino concern basis unless it is inappropriate to presume
that the charitable company will continue in operation.
The trustees are responsible for keeping adequate accountinG records that disclose with reasonable
accuracy at any time the f￿ancIal position of the charitable company and enable them to ensure that the
financial statements comply with the Companies Act 2006. They are also responsible for safe.ttuarding the
assets of the charitable company and hence for takino reasonable steps for the prevention and detection
of fraud and other Irre.(￿la￿tIes.
SmaIl Companies Exemption
This report has been prepared in accordance with the special provisions for small companies under part 15
of the companies Act 2006.
By Order of the Board
Date: li 3 13
Oona(Th Murray
Chairperson

SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH
INDEPENDENT EXAMINER'S REPORT
YEAR ENDED 30TH JUNE 2024
Independent Examiner's Report to the Trustees of Sports Association Newry, Down and Sollth ArJn2gh.
We Teport on the accounts of the charity for the year ended 30th June 20?4 which aTe set out on pages 8 to 19.
Respective Responsibilities of Trustees 2nd Examiners
As the charity's t￿￿teeS (and also the directors of the Company for the purpose of company law} you are
responsible for the preparation of the accounts in accordance with the Companies Act 2006. Havino been
satisfied that the charity is not subject to an audit under company law and is elioible for independent examination,
it is my responsibility to..
Examine the accounts under section 65 of the Charities Act..
Follow the procedures laid down in the general Directions given by the Charity Commission for
Northern Lreland under sectIon 65(9)(b) of the Charities Act and
State whether particular matters have come to our attention.
Basis of Independent Examiner's Report
I have examined your charity accounts as required under section 65 of the Charities Act and my examination
was carried out in accordance Thith the <veneral Directions uiven by the Charity Commissioner for Nortbern
Ireland under section 65(9){b) of the Charities Act.
My examination included a review of the accountin(r records kept by the charity and a comparison of the
accounts presented with those records. It also includes consideration of any unusual lten￿ or disclosures in
the accounts and seekin¢r explanations from you as charity directorsltrustees concerning such matters.
My role is to state whether any material matters have come to our attention giving us cause to believe..
That accounting records were not kept in accordance ThTth section 63 of the ch￿ltieS Act;
That the accounts do not accord NTrith those accounting records-
That the accounts do not comply with the accountin￿ r¢quir¢ments of the Charities Act"
That there is further infonnation needed for a proper underst2ndino of the accounts to be reached.
Independent Examiner's St2tement
I have completed my examination and have no concerns IT) respect of the matters { l ) to (4) listed above and
in connection with the following directions of the Charity commission for Northern Ireland. we have found no
matters that require drawincF to your attention.
John H Mcshane
Independent Examiner
for and on behalf of J H Mcshane & Co
Chartered Accountants
9 Irish Street
DO￿￿patrIck
Co
BT)0 6BN
Date:

SPORTS ASSOCIATION NEWRY, DOWIY AND SOUTH ARMAGH
YEAR ENDED 30TH JUNE 2024
STATE.MENT OF FINANCL4L ACTIVITIES
(Incorporaiing Income and Expenditure Account)
Unrestricted Restricted
Funds
Funds
2024
2024
Total
Funds
2024
Total
FuDds
2023
NOTE
INCOMING RESOURCES
DonatlOll5 and Levacies
Grants
M¢mbership
Other Tradinu Activities
Trainin(p Fees
Fund Raising Events
2,090
Income from Investments
Bank Interest Received
TOTAL ILNCOME AND ENDOWMELYTS
2,090
EXPENDITURE ON
Expenditure on Raisin<v Funds
Staff Costs
Other Costs
Expenditure on Charitable Activities
Sraff Costs
Other Costs
Governance Costs,. Staff Costs
Governance Costs. Other Costs
2.690
2,017
600
600
,020
TOTAL RESOURCES EXPEINDED
3,?90
3,290
3,Oi7
NET INCOME
NET (EXPENDITURE)
NET REALISED INVESTMENT GAINS
NET u￿,REALISED INVESTMELNT ILOSSES) GAINS
TRANSFER FROM UNRESTRICTED TO RESTRICTED
NET MOVEMEINT IN FUNDS
(3,?90)
(3.?90)
(947)
(J.?90)
(3,?90)
(947)
RECONCILfA TIOII OF FUNDS
BALANCE OF FUNDS AT IST JULY 2023
BALANCE OF FUNDS AT 30TH JUNE 2024
19,496
19,496
16,?06
19,496
TOTAL FUNDS
16,?06
19.496

SPORTS ASSOCIATIOTrI NEWRY, DOWN AND SOUTH ARMAGH
YEAR ENDED 30TH JUNE 2024
STATEMELNT OF FINANCIAL ACTIVITIES
COMPAIUTtVE YEAR ENDED 30TH JUNE 2023
(TncoTpor2tincF Income and Expendirnre Account)
Unrestricted
Funds
2023
Restricted
Funds
2023
Total
Funds
2023
NOTE
INCOMING RESOURCES
Donations and Leoaeies
Grdnts
Membership
Other Tradinv Activities
Trainino Fees
Donations and Fund Raisincw Events
2,090
2,090
?,090
2,090
Income from Investments
Bank Interest Received
TOTAL INCOME ENDOWMENTS
EXPENDITURE ON
ExpendAture on Rai5ino Funds
Staff Costs
Other Costs
Expenditure on Charitable Activities
Staff Costs
Othcr Costs
GoveTnancc Costs. Staff Costs
Governance Costs. Othtr Costs
?,017
2,017
1,020
3,037
TOTAL RESOURCES EXPENDED
3.037
3,037
NET INCOME
NET ￿ XPENDITURE)
NET REALISED INVESTMENT GAINS
,NET UNREALISED INVESTMENT GAINS
TRANSFER FROM UNRESTRICTED TO RESTRICTED
NET MOVEMENT IN FUNDS
(947)
(947)
(947)
(947)
RECONCILIATION OF FUNDS
BALANCE OF FUNDS AT 1ST JULY 2021
20,443
BALMCE OF FUNDS AT 30TH JUNE 2022
19,496
19,496
TOTAL FUNDS
19.496
19.496

SPORTS ASSOCIATION NEWRY, DOINTh AND SOUTH ARMAGH
BALANCE SHEET
AS AT 30TH JUNE 2024
2024
2023
NOTE
FIXED ASSETS
Tanoible Fixed Assets
83
98
98
CURRENT ASSETS
Debtors and Prepawients
Bank Accounts
18,318
18,i18
22,418
??,418
CREDITORS- AEDounts Fallinv Due Within One Year
Creditors and Accruals
3,020
3,020
2,195
NET CURRENT ASSETS
16,1?3
TOTAL ASSETS LESS CURRENT LIABILITIES
16,206
19,496
CREDITORS; Amounts Fallino Due After One Year
io
NET ASSETS
16,206
19,496
FUNDS
UI¥JRESTRICTED FUNDS
2&13
16,206
19,496
RESTRICTED FUNDS
1?&13
TOTAL FUNDS
19,496
For the year endino )Oth June 2024 the company was entitled to exemption from audit under
section 477 of the Companies A¢t 2006 relatincr to small companies.
Trustees DirectOTS' responsibilities:
The Tnembers have not required the company to obtain an audit of its accounts for the
year in question in accordance ￿Trth section 476;
The trustees directors acknowledoe rheir responsibilities for compljuno ￿ryth the requirements
of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relatino to
companies, subject to the small companies retsime of the companies Act ?006.
These Financial Statements were approved by the board of management on the
are si.oned on their behalf by=
Oonatsh Murray
Chairperson
Date: al 3 15
io

SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARTrUGH
YEAR ETr4DED 30TH JUNE 2024
NOTES TO THE FINANCIAL STATEMENTS
ACCOUNTING POLICIES
ACCOUNTING CONVENTION
The principal ac¢ounting policies which have been adopted are set out below.
The Charity prepares its accounts in a¢¢ordance with A¢¢ounting and Reportino by Charities=
Statement of Re¢omEncnded Praciice applicable lo charities preparin(v their accounts in accordance
with the Financial Report?ng Standard applicable in the UK and Republic of Ireland (FRS 10?) the
Financial Reporting Standard applicable in the t)K and Republic of Ireland (FRS 102) and the
Companies Act 2006.
Sports Association Newry, Down and South ArniaJ(F meets the definition of a public benefit entity
under FRS I O? Assets and liabilities aTe initially recO.￿lSed at historical cost or transaction value
unlcss othenvise stated in the relevant accountin¥Cr policy notes.
GOING CONCERN
In March 2020 Tho World Health Organisation declared a global pandemic in relation to Covid-19 and
subsequently the UK Governrnent imposed lockdo￿1 measures. This has had a si.(Tnificant impact on
businesses and economic activity around the world.
The directors have taken actions lo mitigate the financial impact of the loss of income durtn(T this time.
Et is recognised by the Board that tbe Charity is operating in politically uncertain and financially
challenoin? times and that these conditions will remain for the foreseeable ￿ture. The Charity bas an
cK¢elleni managetnent ieaTn and very stronir people and.
overnance protocols.
The trustees are confidcnt that the charsty has adequate resources to continue in operational existence
for ihe foreseeable future. Accordincrly, the Board believe there are llo material uncertainties thai east
si.trnificant doubt on the Charity's ability to continue as a going concern and the financial accounts have
have been prepared on that basis.
CASH FLOW STATEMENT
The charitable company does not include a cash flow statement on the grounds that it is applyin<y
FRS102 ScctionlA.
DONA TIONS AND GILINTS
Income from dotsations and grants. including capital grdnts, is included in in¢orning resources when the
charity is le.trally entitled to the income and the amount can be quantified with reasonable accuracy. except
as follows.
When donors specify thai donations and .mnts ￿[Ven to the charity must be used Tn
fucure accountino periods, the income is deferred until those periods.
When donors impose conditions which have to be fijlfilled before the charity becomes
entitled to use such income, the income is deferred and not included in incomincr resources
until the pre-conditions for use have been met.
When donors specify that donations and .Thnts, including capital grants, are for particular
resirieted purposes which do not amount to pre-conditions reuarding entitlement, this
income is included in incoming resources of restricted fvnds when receivable.
INTEREST RECEIVABLE
Interest is included when receivable by the Charity under investment incotne.
REPORTXING CURRENCY
The fLnancial statements are stated in GBP (sterlino)

SPORTS ASSOCIATION NEWRY, DOWTr4 AND SOUTH ARMAGH
YEAR ENDED 30TH JUNE 2024
NOTES TO THE FINANCIAL STATEMENTS (COINTINUED)
ACCOUNTYNC POLICIES (CONTINUED)
RESOURCES EXPENDED
Rcsources expended are included in the Statement of Financial Actiwities on an accruals
basis, inclusive of any VAT which cannot be recovered.
Certain expenditure is directly attributablc to specific activities and has been included in
those cost ¢atccYories. Certain other costs, which are attributable Lo More than one
activity.. are apportioned across cost categories on a basis consistent with the use of
resources.
TANGIBLE FIXED ASSETS AND DEPRECIATION
Tangible Fixed Assets are stated at Cost which comprises the purchase price and any
installation char<yes.
Depreciation is calculated to write off the cosi of the assets within their useful lives. The
methods adopted and rates used are-
FIXTURE AND FirrTNGS
15% REDucfNG BALANCE
JUDGEMENTS ESTIMATES
In the application of the charity's accountinir
? policies the trustees are required to make jud(vements,
estimates and assumptions about the carryin(Tr amounts of assets arAd liabilities that are not readily
apparent from other sources. The estimates and associated assumptions are based on historical
experience and other factors that aTe considered to be relevant. Actual results may differ from these
estimates.
The estimates and assumptions are reviewed on an ongoing basis.
The trustees do not consider there are any eritical judoements or source5 of estimation requirintr
disclosure.
FUND ACCOUNTINC
Funds held by the charity are eithcr
Unrestricted Generdl Funds_ these are donations, .mnts aTJd other incoming resources
receivable or treneTated for the objects of the charity withoui specified puTrose and are
available as (Feneral funds and are available to spend at the discretion of the trustees in
furtherance of the charitable objectives of the charity.
Desi.(mated Funds- these are unrestricted funds earn)arked by the mana(y¢ment
conllnittee for particular purposes.
Restricted Funds - these are funds that can only be used for particular restricted purposes
within the objects of the chartty. Restrictions arise when specified by the donor or when
funds are raised for particular restricted pu￿OseS. Expenditu￿ which meet these criteria
is charged to the fund. iooethcr with a fair allocation of manaoemeni and support costs.
TAL4TION
As a re¢pisteFed Charity. the charity benefits from rates ielief. and is exempt from direct tax on
its charitable activities but not from VAT. Irecoverable VAT ts irLcluded in the cost of those
iterns to which it relates.
i?

SPORTS ASSOCIAT10Tr4 NEWRY, DOWN AND SOUTH ARMAGH
YEAR ETr4DED 30TH JUNE 20?4
NOTES TO THE FINANCIAL ST A TEMENTS (CONTINUED)
ACCOUNTING POLICIES (CONTtNUED)
LEGAL STATUS OF THE CHARJTY
Thc Charity "Sports Association Newry. DOWTA and South Armagh" is a Company Limited By Guarantee
and does not have a share capital.
Membership Guaraniee
In accordancc with the Company's Memorandum of Association each member wuarantees
to contribute up to one pound sterlincF (£1 ) to the Charity's debts, liabilitTes and costs in the
event of the Charity beiniy wound up and for one year after ceasing to be a member.
FINANCIAL INSTRUMENTS
The charity only has financial liabilitie5 of a kind that qualify as basie financial instrurnents.
Basic financial instrLunents are nonnally initially reCo.￿Ased at transaction value and subsequently
measured at their settlcment value with the exception of bank loans which are subsequentIy
measured at the carryinu value plus accrued inter¢st less repa)Thents.
STAFF COSTS AND EMPLOYEE BENEFrrs
The average number of persons employed by the eharitable cornpany during the year was NtL. (20?2: NIL)
PENSION
The charity does not currently opente a pension scbeme.
TRUSTEES / DIRECTORS REMU.NE114TION
The trustees direetors did not receive any ernoluments during the year ?0?4 Nil (2023 £ Nil)
Trustees directors were reimbursed expenses durin(y the year ?0?4 £ Nil (2023 NIL)
SUBSEQUENT EVENTS
There has been no si.qiificant events affecting the company since the financial year end.
FINANCIAL INSTRUMENTS
The carrying value of the company's financial assets and liabilities are summarised by catetrory below.
FINANCIAL ASSETS
Measured at undiscounted amount receivable
2024
2023
Trade Debtors
Sundry Debior5 and Prepayments
FINANCL4L LL4BILITIES
Measured at undiscounted amount payable
2024
2023
Trade Creditors
Sundry Creditors and Accruals
3,0?0
2,195
3,0?0
Reserve Policy
The chariiy does noi mainiain a fonnal reserves policy however the Board of Trnstees continue to
monitor the level of reserves held by che charity and are satisficd that these are adequate to meei
any unforescen expenditu￿ Incu￿ed.
13

SPORTS ASSOCIA TION NEWRY, DOIKN AND SOUTH ARMAGH
YEAR ENDED 30TH JUNE 2024
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
2024
2023
2. UNRESTRICTED FUNDS
DONATIONS
2024
2023
3 TRAINING
2,090
Training includes income froTn Clubs and Individuals.
4. UNRESTRICTED FUNDS
FUND 1141SING EVENTS
14

SPORTS ASSOCIATIOIN NEWRY, Domry AND SOUTH ARMAGH
YEAR ENDED 30TH JUNE 2024
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
6. FIXED ASSETS
UNRESTRICTED
RESTRICTED
TOTAL
F&F Premises
F&F
COST
Balance at 1st July 2023
2.814
2.814
Additions
Disposals
Balance at 30th June 2024
DEPRECIAT10Tr4
Balance at I st July ?0?3
2.716
2,716
Char￿e for the Period
15
15
Elimination on Disp05als
Balance at 30th June ?024
2,731
2,731
WIUTTEN DOWN VALUE
AT 30TH JUNE 2024
83
83
WRIThEN DOWN VALUE
AT 30TH JUNE 2024
98
98
16

SPORTS ASSOCIATION NEWRY, DOIVN AND SOUTH ARMAGH
YEAR ENDED 30TH JUNE 2024
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
2024
2023
7. DEBTORS
Trade Debtors
Sundry Debtors and PTepaynents
8. BANK AND DEPOSIT AccoifNTS
UNRESTRICTED
Bank Accounts
18,318
RESTRICTED
Bank
18.318
2?,418
TOTAL CASH AT BANK AND AT HAND
18,318
22.418
9. CREDITORS: Amounts Fallino Due Within One Year
Trade Creditors
Sundry Creditors and Accrnals
2.195
3,020
2.195
3,020
10. CREDITORS: Amounts Fallino Due After One Year
Hire Purchase Creditor
I I. ACCOUNTANTS, REMUTr4ERATION
Fees
600
1,020
600
1.020
17

SPORTS ASSOCIATION NEWRY, DOWN AND SOUTH ARMAGH
YEAR ENDED 30TH JiiNE 2024
NOTES TO THE FtNANCIAL STATEMENTS (CONTINUED)
13. RECONCJLIATION AND ANALYSIS OF MOVEMENTS
ON THE FUNDS FOR THE YEAR
UNRESTRICTED
FUNDING
RESTRICTED
FUNDING
TOTAL
fNCOM1Tr4G RESOURCES
UNRESTRICTED
RESTRICTED PROJECTS
RESOURCES EXPENDED
UNRESTRICTED
3.290
3.290
RESTRICTED PROJECTS
NET NCOME (EXPENDITURE)
NET ULNREALISED INVESTMENT CAINS
TIWNSFER FROM UNRESTIUCTED TO RESTRICTED
NET MOVEIIqENT IN FUNDS
3.?90
(3 )90)
{) ?90)
(3 ?90)
(),290)
BALANCE AT 1ST JULY 2023
19.496
19,496
BALANCE AT 30TH JUNE 2024
16.?06
16.206
THE FUNDS OF
RESTRICTED FUNDS
UNRESTRICTED FUNDS
Genepal
Dt5iyaied
Total Unrestrictcd Funds
16206
TOTAL FUNDS OF SPORTS ASSOCIATION NEIVRY, DOIVN AND SOUTH ARMAGH
16.?06