POMEROY RESOURCE LTD FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022
POMEROY RESOURCE LTD CONTENTS PAGE Officers Statement of Financial Activities Balance Sheet Notes to the Financial Statements
POMEROY RESOURCE LTD OFFICERS COMMITTEE MEMBERS Christine Mcclean Beth Irwin Janine Buchanan Margaret Montgomery Violet Ramsey ACCOUNTANTS McKinne), Daii'son 28 Union Street CookstoiTrn Co Tyrone BT80 8NN BANKERS Ulster Bank Limited 39 Market Sqiiare Dungannon Co T}"rone BT70 IJJ SOLICITORS Millar. Shearer & Black 40 Molesii'orth Street Cookstoivn Co TsTone
POMEROY RESOURCE LTD STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022 Unrestricted Funds Restricted Funds Totat Funds 31.12.22 Total Funds 31.12.21 Income Resources Donations and Grants Charitable Activities 21.237 21,237 2,)39 24,633 3,429 2.539 Interest Receivable Other Income 2.090 2.090 844 Total Income 4,629 21,237 2).866 28,906 Expended Resources FidraISing and Publicity Chai"itable Expenditure Cost of objectives Administration 9,967 18.781 9.967 18.781 12,69) 20.7iO Total Expended 28.748 28.748 33.44) Net Movement Before Transfers 4,629 {7:il l) {? 882) {4:jJ9) Transfers between Funds (4:6?9) 4,629 Net Movement in Funds (2.88?) {? 88?) (4.i39) Reconciliation of Funds Total Funds BrOUht Forward (29:i21) 2.882 (26:6J9) (2? 100) Total Funds Carried Forward (29: j? l) (?9:j?l) (26:6)9)
POMEROY RESOURCE LTD BALATICE SHEET AS AT 31 DECEMBER 2022 Note 2022 2022 2021 2021 FIXED ASSETS Tancrible Assets (2) 76.718 86.695 CURRENT ASSETS Debtors and Prepayments Bank- and Cash balances 788 24,641 2).429 79) 19,613 20,408 (3) CURRENT LIABILITIES Creditors due in one year (4) 450 4iO Net Current Assels/(Liabilities) 24,979 19.958 101,697 106.653 CREDITORS: AMOUNfs FALLING DUE AFfER MORE THAN ONE YEAR (i) 131.218 133,292 (29.j?l} (26.639) CAPITAL 11Tr4D RESERVES Retained Reseives (6) (?9: j21) ?6.639) We appiove these accounts and confuin that we have made available all relevant recoids and infoThation for their preparation. Sllgn¢d on behalf of the Committee 28 February 2023 The notes on pages 6 and 7 fonn pait of these accounts In a¢¢ordance with the instructions given to us ive have pi'epared: without catrying out an audit, the income and exyenditure account end balance sheet of the Group frorn the records. tion and explanations supplied to us. M¢KiDnei ?8 Union Street CookstoiTr Co Tyrone BT80 8NN
POMEROY RESOURCE LTD NOTES TO THE FINANCIAL STATEMENTS ACCOUNTING POLICIES The folloiving accounting policies have been used consistently in dealÉng .7th items which are considered material in relation to the group's fu]ancial statements. (a) Basis of accounting The financial statements are prepared under the historical cost convention. (b) Fiyed assets Tangible fixed assets are stated at original cost. (c) Depreciation The Cost of fixed assets are iwitten off over the estimated use1 lives of the assets at the folloii'ing anniial rates. Biiilding Equipnient Straight Line Reducing Balance 2i/o (d) Capital Grants Grants received or receiiiable are deferred and released over the iiseful life of tlie asset to Nvhich theit relate. FIXED ASSETS Buildings Equipment Total Cost as at 1.01.22 Additions Disposals as at 31.12.22 217,303 li,184 232.487 217,303 li.184 232,487 Depreciation As at 1.01.22 Charoe for period Disposals As at 31.12.22 lJ4.619 8.974 11.173 1.003 14i.792 9.977 143.i93 12.176 lii,769 NET BOOK VALUE As at 1.01.22 82.684 4.011 86.69) Asat31.12.22 73,710 3.008 76,718
POMEROY RESOURCE LTD NOTES TO THE FINANCIAL STATEIVIENTS CASH IN BANK AND ON HANDS 2022 2021 UIster Bank Ltd Business Reserve Account Ulster BaDk Ltd Current Account Ulster Bank Ltd Reserve Account Cash on Hand 11,388 13.239 14 10,141 9,444 28 24.641 19,613 CREDITORS DUE WITHIN ONE YEAR 2022 2021 Creditors and Accruals 4iO 4iO 4iO CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2022 2021 Capital Grants lJl.218 133.292 131,218 lJ3.292 CAPITAL AND RESERVES Unrestricted Funds 202? 2021 Opcning Balance Surylus/(Deficit) for the period Balance as at 31 December 2022 {?9:j?l) (33.794) 4.273 (?9:i21) (29:i21) 2022 2021 Restricted Funds Opening Balance Surplus/{Deficit) in the period Balance as at 31 December 2022 2.882 (2,882) 11,694 (8.81?) 2.882