PERT RURAL COMMUNITY NETWORK FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
PERT RURAL COMMMUNITY NETWORK YEAR ENDED 31 MARCH 2023 CONTENTS PAGE Income and expendrture account Balance sheet Notes to the balan sheet
PERT RURAL COMMMUNITY NETWORK YEAR ENDED 31 MARCH 2023 As described on page 2, the committee have approved the accounts for the year ended 31 March 2023 set out on page 1. In accordance with your instructions, we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us. 71 Annareagh Road Richhill Co. Armagh BT619JY STEPHEN THOMPSON FCA Director (Chartered Accountant) Sphere Accounting Limited 20th June 2023
PERT RURAL COMMMUNITY NETWORK INCOME & EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2023 2023 2022 INCOME Donations Fundraising activities Classes subscriptions Thermal Efficiency grant DAERA grants ABC Council grants MAIN grants Ulster Scots Agency grants 2.293 815 1,093 679 855 4.065 1,670 EXPENSES Grant Awards Professional tutors costs Catering costs and supplies Concert and venue costs Donations/Fundraisin Repairs and maintenance Telephone Insurance Heat and light Sundry expenses Bank charges Depreciation of fixtures Accountancy fees 745 885 821 887 50 58 271 75 643 37 57 339 75 3.792 273 1,151 NET IDEFICIT)ISURPLUS FOR THE YEAR 519
PERT RURAL COMMMUNITY NETWORK BALANCE SHEET 31 MARCH 2023 2023 2022 FIXED ASSETS Tangible assets 40,726 40,997 CURRENT ASSETS Grant debtor Cash at bank 779 235 779 235 CURRENT LIABILITIES Loan Accruals 1,500 75 1,500 75 NET CURRENT ASSETS LESS LIABILITIES (796) 39,930 {1,340) 39,657 NET ASSETS FINANCED BY: Capltal account Opening balance Net (deficit)Isurplus for the period 39,657 273 39,138 519 39,930 39,657 Drawings Closing balance 39.930 39,657 COMMITTEE APPROVAL OF ACCOUNTS We approve these accounts for the year ended 31 March 2023 set out on pages 1 to 2 and confi that e have made available all relevant records and information for their pparatIOn.
PERT RURAL COMMMUNITY NETWORK BALANCE SHEET 31 MARCH 2023 TANGIBLE FIXED ASSETS Hall Refurb FIX & Eqpt Total COST At 1 April 2022 Additions Disposals At 31 March 2023 39.643 5.005 39,643 5,005 44,648 DEPRECIATION At 1 April 2022 Charge for the year On disposals At 31 March 2023 3,651 271 3.651 271 3,922 3,922 NET BOOK VALUE At 31 March 2023 39,643 39,643 1,083 1,354 40.726 40,997 At 31 March 2022