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 p￿paratIOn.

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