MIDDLETOWN PARISH COMMUNITY HALL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 MCDONALD O'NEILL & CO Charttrcd AccuulltalltJ 5 Union Buildings Union PIAee Union Plaee Dungannon BT70 IDL
MIDDLETOWN PARISH COMMUNITY HALL TABLE OF CONTENTS PAGES Statement of the Committee of Middletoiyn Parish Community HallY8 R¢spon3ibilities 2 Independent ExAminer9s Report Statement of Flnanclal Activities Balance Sheet Notes to the Financial Statements &7 McDon2ld O'Nelll & r.n. Charlered Ac¢ountsnts
Middletown Parish Community Hall Financial Statements for the ye2r ended 31 Deeember 2023 STATEMENT OF THE COMMITTEE OF MIDDLETOWN PARISH COMMUNITY HALL'S RESPONSIBILITIES Developments in charity legislation recommend the Comniitt¢¢ to prepare financial statements each financial year which give a true and fair view of the slate of affairs of the hall and of ihe results of the b1 for lIt pcriod. li) prcpating those financial statemcnts thc Committee is required to; select suitable accounting policies and then apply them consistendy; make judgements and estimates that are reasonable and pnent. state whether applicable accounting standards have been followed, subjeLI 10 any material departures disclosed and explained in the financial statements. pr¢por¢ the financial statements on the going concern basis unless it is inappropriate to pr¢sume that the charity will Continue in busines5. Th¢ Committee is responsible for ensuring that proper accounting records kq)t which disclose with reasonable accuracy at any tim¢ thE finan¢ial position ol th¢ hall and enabl¢ him to ensure that the financial statements cotnply with the best Practice. The Committee is also responsibl¢ for saf¢guarding th¢ assels of the hall and hence for taking reasonable steps for the prevention and detectii)n of fraud and other irregularities. MoDonAld o'fqeill & Co. Chartered AeeouDtants
Mlddletsbwn P4vl8h Community Hall Flnlnctsl Statementj for the yeir ettded 31 December 2023 INDEPENDENT EWINER'S REPORT TO MIDDLETOWNPARISH COMMUNrrY HALL REPORT TO THE COMMITTEE OF MIDDLETOWN PARtSH COMMUNITY HAI,1. ON ACCOUNTS FOR THE YEAR ENDED 31 DECEMBEK 2923 SET our ON PAGES 4 TO S Respe¢tlv¢ r¢&poniibilitkn of Committ•¢ ind Examiner The Committ¢e 3$ respottslble for the preparation of th¢ accounta. The Committoè ¢on&id•rk that an audit is noi re9UiTuI for this year dnd th&t an ind¢pendent ¢XPthiinAtion is needed. li is my r¢sponsibility to., examine the accounts. to follow thB procedures laid dovln in the 8¢n¢ral Dire¢tions given by the Charity Commi88ion ond 10 5Tare Whetiier particular mutters have come to my attenrlon. B&si8 of Iudtpend•nt ExotnlnerlA Report l knv¢ extfiiina yuur chartry ac¢ounts a$ r4uired under section 6J ot-the Charities Act and our examlnation WHS ¢arried out in accordan wlth the 8Lmer91 Diroction& given by t Charity Commis3i¢)n for North¢rn Ireland Ullder section 65(9){b) of the Charities AGt, My examination included a review of the a¢counting records kepi by the charity and a comparison nf the accounts prented th08e records, It also included consid¢ration of any unu8uoI items or digclogur4B in the accouiits and seeklng explanaiions from you charfiy Inl¢c3 concernin8 any such matteT8. My role ftg to state wh¢th¢r any material Matt hllve ¢om¢ to my attcntion gEvlng me eause to believe.. . l. thai aeoounting reconls were nor kept in accdr(I,%nce With qect.ion 6.1 of the Charities Act 2. thai the a¢wunl5 do not accord with tho8¢ a¢Gountin8 recordJ 3. that the a¢¢ounts do not ¢omply with the acoounting requlrefflentl ot the ChAritieR Aot 4. that tticT¢ is t'urtheT inlormatlon needcd for a proper under8widin8 of the accounts to b¢ rcach¢d. Ind•p•nd•nl KxaMin¢rlJ 8tAtement I havè completed my examlnaiion and have no ¢oneern8 in reyp¢¢t of the matters (l) to (4) li8t¢d abovc and, in ¢onnection Wilh followin8 the Dire¢tion8 of the Charity Commi3SIOn for Nortbern Irtland, I have found no matt¢r¥ thal ICqUlTE drawll4 (o your attention, Stephen MeDonald MeDoDald O*Nelll & Co. Chartered Aetountanto 3 Union Bulldings, Union Plate Uniou PIv4ce Dung&nnoD BT70 IDL DAt¢.... cDonild O'Nelll & Co. ChBr¢ored A¢¢oulltsnts
Middletown Partsh Communlty Hall Financial Statements for the year ended 31 December 2023 STATEMENT OF FINANCIAL ACTIVITIES Restrlcted Unrestricted Funds TotAI 2023 Funds Incoming Rou Income from hiring of hall 1,025 1,025 TOTAL INCOMING RESOURCES Direct Expenditure Insurance SvLuiity ¢atnrra Bank f¢¢5 Accountancy 272 238 62 200 272 238 62 200 TOTAL EXPENDITURE 772 772 Net Incomlng rewurcej 253 Net movemenl In funds BAlan¢e8 brou%h¢ ronvard at 31 December 2022 8,083 8,083 Balances carried forward at 31 December 2023 8.336 8.336 McDonald O•Ncill & Co. Chartered A¢eountan15
Middletown Parish Community Hall Financial Statements for the yeAr ended 31 D¢cemb¢r 2023 BALANCE SHEET AT 31 DECEMBER 2023 Note Restricted FuDds Unrestricted Funds Total 2023 Fixed Assets Tangible Assets Current A4Aetq Cash at bank 8.536 8,536 8,536 Current LiAbilities Creditors and accruals 200 200 200 200 Net Current Assels 8.336 8,336 Net Assets 8,336 8,336 Represented by: Unrestricted fimds Restricted funds 8,336 8,336 Total Reserves 8,336 8,336 In accordance with thc cngagemcnt letter dated 6 Noi'ernber 2014 and on behalf of the Commiiiee, wc &ippruve the financial information which comprises the Staiemeni of Financial Activities. We acknowledge our responsibility for the financial inforniatinn, including the appropriatcllcss of thc accounting basis as set out in note I, and for providing McDonald O'Neill & Co. with all information and explanations necessary for its compilgtion. SIGNED ...... Dian¢ Irwin rreasurer) Date MeDonald U'Nelll & Co. Chartered Aeeounlints
Middletoivn Parish Community Ha]1 Notes to the Financial Statements for the year ended 31 December 2023 I. PIUNCIPALACCOUNTING POLICIES The accounts are prepared under the historical cost basis of accounting and in accordance with applicable accounting standards. Tangible Fixed Assets Fixed Assets gre stated at their cost. Fund Accounting The hall has various types of funds for which it is responsible, and which require separa disclosure. These are as follows:. Restricted Funds Funds whiGh ¢arm4rked by th¢ donor for 5p¢GifiG purp05C5, but 3till within th¢ obj¢ct5 of th¢ hall, R¢5tricted funds may be restri¢t¢d incom¢ funds, expendable at the discretion of the Committee in furtherance of some particular aspect(s) of the objects of the hall. Or they may be Lapital funds, wh¢r¢ the assets are required to be invest¢d, or retained for actual use. rather than expended. Designated Funds Funds which have, for administrative purposes, been eannarked by the hall for particular purposes. The hall may at its discretion set aside funds for specific purposes which would otherwise forni part of unresrricted funds of the hall. Unrestricted Funds Funds which arc expendable at the discretion of the Committtt in flherance of the objects of the hall. M¢Donald O'Neill & Co. Chartered Ac¢ountaDts
Middletown Parlsh Community Hall Iyotes to the Financial Stat¢m¢nts for th¢ year ended 31 December 2023 2. FUNDS Restricted Unrestricted Funds Funds Total 2023 Fund Balances at 31 De¢ember 2023 are represented by: Tangible Fixed Assets Current Assets 8,536 (200) 8,536 (200) Current Liabilities Total Net Assets 8,336 8J36 M¢Dollald O'iyeill & Coi Cbartereil Accollntants