POMEROY RESOURCE LTD FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024
POMEROY RESOURCE LTD CONTENTS PAGE Officcrs Statement of Financial Activities Balance Sheet Notes to th¢ Financial StatenKnts
POMEROY RESOURCE LTD OFFICERS COMMITTEE MEMBERS Christine Mcclean Beth Irwin Janine Buchanan Margarct Montgomery Violet Ramsey ACCOUNTANTS McKinncy Daw.50n 28 Union Street Cookstown Co TJTone BT80 8NN BANKERS Ulster Bank Limited 39 Market Square Dungannon Co Tyrone BT70 IJJ SOLICITORS Millar. Shearer & Black 40 Mol¢sworth Street CcA)kstown Co Tyrone
POMEROY RESOURCE LTD STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted Funds Restricted Funds Total Funds 31.12.24 Total Funds 31.12.23 Income Resources Donations and Grants Charitable Activities 21,840 21,840 3.265 21.577 2,884 3.265 Interest Receivable Other Income 1,545 1.545 2,285 Total Income 4.810 21,840 26.650 26,746 Expended Resources Fundraising and Publicity Charitable Espenditure Cost of objectives Administration 10,613 7,353 10,613 13,076 11.197 (110.153) 5,723 Total Expended 5,723 17.966 23.689 (98.9i6) Net Movement Before Transfers (913) 3,874 2,96l 125,702 Transfers between Funds Net Movement in Funds (913) 3.874 2,961 125,702 Reconciliation of Funds Total Funds Brought Forward 94.276 1,905 96.181 {29,i21) Total Funds Carried Forward 93.363 5,779 99,142 96.181
POMEROY RESOURCE LTD BALANCE SHEET AS AT 31 DECEMBER 2024 Note 2024 2024 2023 2023 FIXED ASSETS TaTh8iblc Assets (2) 65.132 66.991 CURRE ASSETS Debtors and Prepayments Bank and Cash balances 1.082 33.378 i.oio 28,630 29.640 (3) 34,460 CURREwf LIABILrrIES Creditors due in one year 450 4iO Net Current As5etsl(Liabilities) 34.010 29.190 99.142 96,181 CREDITORS: AMOUIYTS FALLING DUE AFTER MORE THAN of4E YEAR (5) 99,142 96.181 CAprrAL AND RESERVES Retsined Reserves (6) 99.142 96,181 We approve thes¢ accounts and confilln that we have tllade avaaable all relevant records and infonnation for their preparatio Signed on behalf of th¢ Committee 3 March 202) The notes on pages 6 and 7 forn part of these accounts In accordanc¢ with th¢ InStntionS dly V¢ll to we hav¢ prepare without cwing out an audit, the Incon and cxpenditute accouot and balance sheet of the Gn)up frotn the recoriLs inf0mtiOn and explanations suppRied to w. McKumey DaJYson 28 Union Street Cookstowi Co TyTone BT80 8NN
POMEROY RESOURCE LTD NOTES TO THE FINAIYCIAL STATEMENTS ACCOUNTING POLICIES The following accounting policies bave been used consistently in dealing with items which are considered rnater1 in relation to the 0up'S fuwicial statements. (a) Basis of accounting The financial statements are prepared under the historical cost convention. O)) Fixed &8sets Tangible fixed assets are stated at original wst. (c) Ikpreciation The cost of fLYed assets are written off over the estimated useful knves of the assets at the following annual rates. Building Equipment 2% 25% stralt Line Reducing Balance (d) Capttal Grants Grants received or receivable are deferred and released over the useful lrfe of the asset to wkn'ch thev relate. FIXED ASSETS Buildmgs Equipment Total Cost as at 1.01.24 Additions Disposals as at 31.12.24 217.303 15,184 232.487 217.303 15,184 232.487 Depreciation As at 1.01.24 Charge for peri(Kl Disposals As at31.12.24 152.568 1.29) 12.928 564 165.496 1,859 li3.863 13,492 167,355 NET BOOK VALUE As at 1.01.24 64,735 2,256 66,991 As at 31.12.24 63.440 I,692 65.132
POMEROY RESOURCE LTD NOTES TO THE FINANCIAL STATEMENTS CASH IN BANK AND ON HANDS 2024 2023 Ulster Bank Ltd Business Rescrvc Account Ulst¢r Bank Ltd Current Account Ulster Bank Ltd Reserve Account C&8h on Hand 5,718 27.515 145 11.771 16.740 119 33,378 28,630 CREDITORS DUE WITHIN ONE YEAR 2024 2023 CreditOTS and AccrLuIs 450 450 450 450 CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2024 2023 Capital Grants CAPITAL AND RESERVES Unrestricted Funds 2024 2023 Opening Balance Surplusl(Deficit) for th¢ peri Ba]ance as at 31 December 2023 94.276 {913) 93,363 (29,52 l) 123.797 94,276 2024 2023 Restricted Funds Openmg Balance Surplusl(Deficit) in the period Balance as at 31 December 2024 1,905 3,874 5,779 1,905 1.905