MIDDLETOWN PARISH COMMUNITY HALL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 MLDONALD O'NEILL & CO Chartered Accountants S Union Buildings IlnloTh Plgce Union Place Dungannon BT70 IDL
MIDDLFTOWN PARISH COMMUNITY HALL TABLE OF CONTENTS PAGES Statcment of tbc Committtt of Middl¢tOTrTrD Parish Community Hall'¥ Rcspon8ibilities 2 Independent Examiner's Report Stalement of Financial Activitie5 Balanee Sheet Noté8 to tho Finoneial Statoménts McDonald O'Neill & Co. Chartered Aceountanls
Middletom'n Parish Community Hall Financial Statements for the year ended 31 December 2024 STATEMENT OF THE COMMITTEE OF MIDDLETOWN PARISH COMMUNITY HALL'S RESPONSIBILITIES Developments in Lharilv legislation recommend the Committee to prepare tinancial statcm¢nts cach financial I'car w'hich giN"c a true and fair l.ic of the state of affairs of the Iiall and ot the rcsults ot" the hall t-or Ihai period. In preparing those financial staiemenis Ihe Committee is required to: select suitable accounting pnlicies and then apply them cnn.8i8tently' make judgements and estimates thai are reasonable and pnident. state H,hether applicable accounting slandards have been follow'ed, sub.ject to anv malciial dcpanurcs dis¢lob¢d ]d ¢xplain¢d in th¢ fin]¢1&1 stat¢m¢iits; prepare ihe financial Statements on the goingi con¢¢m basis unl¢ss it is inapproprialc to pr¢sum¢ that the charity will continuc in busines%, The Committee is responsible tor ensuring that proper coUntIng rccords are kept which discl()se with reasonable accuracy ai any time the financial position of Ihe hall and enable hiin to ensure that the financial statement8 comply with the best practice. The C'ommittee is also responsible for safeguarding the assels ()f' the hall and hence for taking rcasonable steps lor the preveniion and detection of fraud and other irregularities. M£Doiiald O'Nelll & Co. Chartered AcLDuntant5
Mlddlctown Ppdrish Commllnity Hall Fiuaknclal StatcmcDlJ for the year ended 31 Doeember 2024 INDEPENDENT EXAMINEIIJS RFI>UK'I' TO UDDLET0WN I>ARISU COMMUNITY HALL IiEPOIIT TO TIIK COMMII'TEE OF MtDDLE'IOWN PAIIISFI COMMUNy IIALL ON ACCOUNTS FOR TIIE YEAR fi NDED 31 DFCEIVIISER 2Q34 SET OUT ONI>AGES 4 1.0 5 Ilespcctiye r¢spoTrslbilities of Committtc and Lxamincr 'I'ho Lommittec is rPOnsIbl¢ for thc prcparniion of the uccounts. Thc CommiiLcc considcr3 lha( an audil is not requircd for ihis ycar and thar Jn ind¢pendent' examination is nccdcd. li is my rPOnsIbl11ty to: . ¢%nIn¢ Ihe accounls, to follow the proccdures laid down in the g¢n¢ral DirECtions givcn by the Chatity CornllLlii&iVli. and. ID slatc whclhcr particulur matters hav¢ como to my attention. Basls ofIndep¢ndont Exgm5ner's Ilcport I havo exHmincd your chai'iiy accounts as rcquirnd und¢r scction 65 of the Charities Act and uut exominatton was ¢arricd out in ac¢ordancc with tlie gtrneral Diircthons givcn by ihe (:harily Lominission for Nonli¢rn Irdand undor 5CGtion 65(9)(b) 0£ ihc ChdriLi¢s AGI. My oximinalion includod a rovicw of ihc accounting rocords kcpt by the charity 8nd oinparit•on of th¢ accounrs prsscntcd with thos¢ rccords, Jt also includcd considcfdlion of ny unu121 ilcins or disclosuits in the uccounts and sockinu L'xplanation¥ fr(nn you charity IruSi¢eS ¢onccrnin8 aTLy such malters. My rol¢ 1$ to ¥taic whcihcr &iiiy m&lwial 1&1 s hav¢ GoinG lo rnx ult¢ntion IAvinÈ fflo o4llgQ to bclicve: . l. that accounting rordS wero not kept in accordanca with scction 63 of thc Cburiiics AGt 2. that thG D¢¢ounis do not accord with thoso accollntin8 reco8 3, Ihat thG 8ccounls do nol, comply with tlic aGllting rcquiKmcnts of the CharitLGS 4. that thcr¢ ig furthor infoiination need¢d for a propcr ulldcrsthnding of tts¢ accounts lo bc itf4clwd. Indcpcnd¢nt 144Xabninor'S Statuncnt I h#vc complcicd iny examinAiion and have no concern5 in respci*t of ihc maiLcr¥ (l) to (4) listcd ubove and, in cunneelicTh with following th¢ Dirc¢tions L)[ Ihc Chivity Coinmission Cor Northern Ircland. I have foiind iio muttoys th8¢ roquire druwin8 to yoiir aitcntiort. Stephcn McDon&ld McDon8ld O?Noill & Co, Ch#TteYed AccouDtAnls 5 Unton BuSldin¥g. UAIOL I)10 Unlon Place DiingaDllDII Irr70 IDL a(c.... M¢DfjnRld O'N¢ill & Co. Chnrt¢rell AccouplRnts
Middletown Parish Community Hall Financial Statements for the year ended 31 December 2U24 STATEMENT OF FINANC.IAL ACTIVITIES Restricted Unrestricted Funds Total 2024 unds Incoming Rcsourc¢s Income from hiring of hall 635 635 TOTAL INCOMING RESOURCES Direct Expenditure Insurance Security camera Bank fees Accountancv 272 249 63 200 242 63 21)0 TOTAL EXPENDITURE 777 777 Net incoming resources (142) (142> Net movement in funds Balances broughl fonvard at 31 December 2023 8,3.36 8,336 Balances carried forward at 31 December 2024 8.194 8,194 McDongld O'Noill & Co. Chartered Accountants
Middletown PJ)rish C.ommllnitv Hall Financial Statements for the vear ended 31 Deeember 2024 BALANCF. SHEET AT 31 DECEMBER 2024 Note Restricted Funds Unrestricted Fiin(ls Total 2024 Fixed Assets Tangiblc A55cIs Current Assets C&tbh ai bdnk 8.394 8,394 8.394 8,394 Current Liabilities Crediiors and accruals 2UU 2UV 200 200 Net Current As4ets 8.194 8,194 N¢¢ Assets 8,194 8.194 Represented by: lJnreslriLted funds Restricted funds 8,194 8,194 Toial Reserves 8.194 8,194 In aecordance with the engagenicnt l¢tt¢r dated 6 NovLmber 2014 dnd on behdlt ot- the Committcc, we approi'e Ihe tinancial intorniation which L'omprises the Statement of FinanLial ActiN'ities. We acknowledg¢ our responsibility for the finanLial intomialion. including the appropri¢ltcnc%s lif tlie aLcuuniing basis as s¢t out in note l . dnd for prc)viding McDonald O'Neill & Co. Miith all int"ormation and explanations necessary for its compilation. SIGNED....... ...................................... Diane Irwin {Treasurer) Date McDonald O'P4eill & C.0. Chartered Aceount8111s
Middletown Parish Commullity Hall, Middletown - Church of Jrelxnd Notes to the Financial Statements for the year ended 31 December 2024 I. PRINCIPALACCOIJNTING POLICIES 'n]e accounts are prcpared under the historical cost basis of accounting and in accordance Nvith applicable accounting standards. Tan%ible Fixed Assets Fixed Assets are stated at their cosi. Fund Accounting The hall has varioug types of fvnds for Nvhich it is responsible. ond N%"hich rcquirc 3CPtirntc disclosure. These are as follows:_ Restricted Funds Funds which arc eam]arked by the donor for specific purposes, but still within the objecis of th¢ hall. Restiictcd fuiids niay be icstiiLled illLume funds, expendable ai the discrction of the Commiitee in t"urtherancc of some particular aspect{s) of tlie objects of the I11. Or they ma}, be capital t"uiids, where the assels are required to be invested, or retained tor 'iual usc, rather than expended. Desl%nated Funds Funds which havc, l.or administrative purpo%e%: been earmarked bfv the hall for particular putposes. 'Ihc hall may at its discretion sei aside funds for specific purposes Ii'hich w'vuld otherwise form part of unrestricted funds of the liall. Unrestricted Funds Funds which ar¢ expendable at the discretion ot. lh¢ Committ¢e in turiher(Inc¢ of thc objeLIS of th¢ hall. McDonald O'Neill & Co. Lhartered Accountants
Middletown Parish Community Hall, Middletown - Church of Ireland Notes to the Financial Statements for the )'ear ended 31 Deeember 2024 2. FUIYDS Restricted Unrestricted Funds Funds Total 2024 Fund Balallces at 31 December 2024 are represented by: Tangible Fixed Assets Curreni A8%ets 8.394 8.394 Current Liabilities (?00) {200) Total Net Asset8 8,194 8,194 MeDonuld O'Neill & Co. ehart¢rcd ALcvuJiiaiiii