PERT RURAL COMMUNITY NETWORK FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
PERT RURAL COMMMUNITY NETWORK YEAR ENDED 31 MARCH 2025 CONTENTS PAGE Income and expenditure account Balance sheet Notes to the balance sheet
PERT RURAL COMMMUNITY NETWORK YEAR ENDED 31 MARCH 2025 As described on page 2, the committee have approved the accounts for the year ended 31 March 2024 set out on page 1. In accordance with your instructions, we have compiled these unaudited accounts from the accounting records and inforniation and explanations supplied to us. 71 Annareagh Road Richhill Co. Armagh BT61 gJY STEPHEN THOMPSON FCA Director (Chartered Accountant) Sphere Accounting Limited 25th September 2025
PERT RURAL COMMMUNITY NETWORK INCOME & EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2025 2025 2024 INCOME Donations Fundraising activities Classes subscriptions Thermal Efficiency grant DAERA grants ABC Council grants MAIN grants Ulster Scots Agency grants 4,294 1,165 467 4,294 1,632 EXPENSES Grant Awards Professional tutors costs Catering costs and supplies Concert and venue costs Donations/Fundraisin Repairs and maintenan Telephone Insurance Heat and light Sundry expenses Bank charges Depreciation of fixtures Accountancy fees 209 906 666 111 47 722 75 862 540 45 61 217 75 2.736 1,558 1,800 (168) NET (DEFICIT)ISURPLUS FOR THE YEAR
PERT RURAL COMMMUNITY NETWORK BALANCE SHEET 31 MARCH 2025 2025 2024 FIXED ASSETS Tangible assets 42,529 40,509 CURRENT ASSETS Grant debtor Cash at bank 366 828 CURRENT LIABILITIES Loan Accruals 366 828 1,500 75 1,500 75 NET CURRENT ASSETS LESS LIABILITIES NET ASSETS (1,209) 41,320 (747) 39,782 FINANCED BY: Capltal account Opening balance Net (deficit)Isurplus for the period 39,762 1.558 39,930 (168) 39,762 Drawings Closing balance 41,320 41,320 39,762 COMMITTEE APPROVAL OF ACCOUNTS We approve these accounts for the year ended 31 March 2025 set out on pages 1 to 2 and confirm that we have made available all relevant records and Infonnation for their preparation. Date....
PERT RURAL COMMMUNITY NETWORK BALANCE SHEET 31 MARCH 2025 TANGIBLE FIXED ASSETS Hall Refurb Ffrx & Eqpt Total COST At 1 April 2024 Additions Disposals At 31 March 2025 39,643 5.005 2,742 44,648 2,742 39,643 7,747 47,390 DEPRECIATION At 1 April 2024 Charge for the year On disposals At 31 March 2025 4,139 722 4,139 722 4,861 4,861 NET BOOK VALUE At 31 March 2025 At 31 March 2024 39,643 39,643 2,866 866 42,529 40,509