PERT RURAL COMMUNITY NETWORK
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024

PERT RURAL COMMMUNITY NETWORK
YEAR ENDED 31 MARCH 2024
CONTENTS
PAGE
Income and expenditure account
Balance sheet
Notes to the balance sheet

PERT RURAL COMMMUNITY NETWORK
YEAR ENDED 31 MARCH 2024
As described on page 2, the committee have approved the accounts for the year ended 31
March 2024 set out on page 1. In accordanGe 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
10th August 2024

PERT RURAL COMMMUNITY NETWORK
INCOME & EXPENDITURE ACCOUNT
YEAR ENDED 31 MARCH 2024
2024
2023
INCOME
Donations
Fundraising activities
Classes subscriptions
Thermal Efficiency grant
DAERA grants
ABC Council grants
MAIN grants
Ulster Scots Agency grants
1,165
2,293
1,093
467
679
1,632
4,065
EXPENSES
Grant A wards
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
862
540
45
61
217
75
821
887
50
58
271
75
1,800
(168)
3,792
273
NET (DEFICIT)ISURPLUS FOR THE YEAR

PERT RURAL COMMMUNITY NETWORK
BALANCE SHEET
31 MARCH 2024
2024
2023
FIXED AssFrs
Tangible assets
40,509
40,726
CURRENT ASSETS
Grant debtor
Cash at bank
828
779
829
779
CURRENT LIABILITIES
Loan
Accruals
1,500
75
1,500
75
NET CURRENT ASSETS LESS LIABILITIES
(747)
39,762
(796)
39,930
NET ASSETS
FINANCED BY:
Capital account
Opening balance
Net (deficit)Isurplus for the period
39,930
{168)
39,762
39,657
273
39,930
Drawings
Closing balance
39,762
39,930
COMMITTEE APPROVAL OF ACCOUNTS
We approve these accounts for the year ended 31 March 2024 set out on pages 1 to 2 and
confirm that we h
ve made available all relevant records and information for their preparation.
Date...

PERT RURAL COMMMUNITY NETWORK
BALANCE SHEET
31 MARCH 2024
TANGIBLE FIXED ASSETS
Hall Refurb Fix & Eqpt
Total
COST
At 1 April 2022
Additions
Disposals
At 31 March 2023
39,643
5,005
44,648
39,643
5,005
44,648
DEPRECIATION
At 1 April 2022
Charge for the year
On disposals
At 31 March 2023
3,922
217
3,922
217
4,139
4,139
NET BOOK VALUE
At 31 March 2023
39,643
39,643
866
40,509
40,726
At 31 March 2022
1,083