Sprlnghlll Park Area Resldents And Youth Assoclation Financlal Statements for the year ended 31st March 2024 Springhill Park Area Residents And Youth Association Contents Page Information page Independent Examiner's Report Members report Statement of recelpts and payments Statement of assets and Ilabllltles Springhill Park Area Residents And Youth Association Information Commlttee- Charity Commlssion Isabel Moore Lynda Hanlon Kathy Austin Thomas Conrov Desmond O'Nelll Jessie Powell Fred Woods Trevor Jones Patrlcla Tinney Chalrperson Vice Chalrperson Secretary Treasurer Staff Brlan McNamee Chelsea Sheerin Project Co-ordinator Youth Worker Charity Number NIC107541 Independent Examlner McGroarty, Mccafferty & Company Ltd Accountants and Tax Consultants 2 Carllsle Terrace Derry BT48 6JX Address 113A Sprlnghill Park Strabane BT82 8BZ Bankers Bank of Ireland Abercorn Square Strabane BT82 8AH Pa8e I Springhill Park Area Residents And Youth Association Independent examlnels report to the member5 of Springhill Park Area Resldents And Youth A5$0Ciation We report on the accounts of the charity for the year ended 31 March 2024, which are set out on pases 3to6. Respectlve respan51bllltles of charlty members and examlner As the charity's members you are responsible for the preparatlon of the accounts In accordance wlth the Charities Act (Northern Ireland) 2008. It Is our responslblllty to: examine the accounts under Section 65 of the CharitlÈs Act; - follow the procedures lald down In the Beneral dlrectlons 8lven by the Commlsslon under Sectlon 65191 Ibl of the Charitles Act; state whether partlcular matters have come to our attentlon. Bas15 of Independent examlner's report We have examlned your charity accounts as requlred under Sectlon 65 of the Charltles Act and our examination was carrled out In accordance with the general dlrectlons 8lven by the Charlty Commission for Northern Ireland under Section 6519llbl of the Charltles Act. Our examinatlon Included a revlew of the accountln8 records kept by the charlty and a comparlson of the accounts presented wlth those records. It also Included conslderatlons of any unusual Item5 or dlsclosures in the accounts, and seeklng explanatlon from you as charity member5 concernlng any such matters. Our role Is to state whether any m8terlBI matters have come to our attentlon glving us cause to belleve. l. That accountlng records were not kept In accordance wlth Sectlon 63 of the Charltle5 Act. 2. That the account5 do not accord with those accountlng record5. 3. That the accounts do not comply wlth the accountlng requlrement5 of the Charltles Art. 4, That there is further Informatlon needed for a proper understanding of the account5 to be reached. Indepgnd¢nt Examlner's Statement We have completed our examlnatlon and have no concerns In respect of the matters 1- 4 Ilsted above and, In connectlon wlth the followlng dlrectlons of the Charlty Commlsslon Northern Ireland. we have found no matters that requlre drawln8 to your attentlon. McGroarty, fferty & Company Ltd Accountants and Tax Consultant5 2 Carlisle Terrace Derry 8T48 6JX Date: 9th September 2024 Page 2 Springhlll Park Area Resldents And Youth Association Members report The Management Committee present their report and tho financial statements for the year ended 31st March 2024. Objectlves and actlvltles The oblectives of the charity are to: promote the health and well-beln8 of the resldents of the area and work tO8ether a5 resldents regardless of age, ethnlc orlgln, ablllty, sex, bellef or polltlcal affiliatlon recognlslng the value of our many differences. We will involve local people to Improve our area, carry out and promote both envlronmental and practlcal con5ervatlon, to educate, encourage, and 5UPPOrt the local populatlon In envlronmental practlce by worklng with statutory and non-statutory a8encles. The charlty alms to Improve the 8reen space generally known as Sprlnghlll Park and develop communlty Inltlatlves to Improve the soclal houslngi health and well-belng of It's resldents. The charlty also seeks to en888e youth and help local chlldren build their confidence through gaining new 5k1115 and takln8 part In publlc actlvltles, The maln actlvltles are: after5choo15 facllltle5, 4 5esslon5 per week, womens Eroup, senlor sesslons held 3 tlme5 per week. In additlon.. the group holds events for chlldren le. 5t Patrlck's Day* Easter, Halloween. Christmas and a Summer Scheme lasting 4 weeks. Mpnogement Commlttee The members of the charlty for the purposes of charity law and throu8hout thls report are collectively referred to as the member5. The members serving durlng the year and slnce the year end were as follows: Isabel Moore Lynda Hanlon Kathy Austin Thomas Conroy Desmond O'Nelll Fred Woods Trevor Jones Patricia Tinney Je5sle Powell Chairperson Vlce Chalrperson Secretary Treasurer Page 3 Springhill Park Area Residents And Youth Assoclation Members report Continued,...,,. Achievoments and Performance The programme5 running In the Community Centre were afterschools club, both senior and junior chlldmlnding group5, womens group and a summer scheme. R15k Mana8ement The members have assessed the major rlsks to which the organlsatlon Is exposed, In particular those related to the operatlons and flnances of the assoclatlon, and are satisfled that systems are in place to mltl8ate the exposure to the major risks. Flnanclal revlew The flnancial performance is summarlsed In the enclosed accounts. Members Responslbllitles In Relatlon To The Flnanclal Statements The members are responslble for preparlnE the annu31 report and the flnanclal statements In accordance wlth applicable law and Unlted Klngdom Generally Accepted Acountlng Practlce. The law appllcable to charltles In Northern Ireland requlres the members to prepare the flnanclal statements that glve atrue and falr vlew of the state of affalrs of the charlty at the end of the flnanclal year and of Its surplus or deflclt for the flnancial year. In dolng so the mombers are requlred to: select sultable accountlnB pollcles and apply them consistentlyp observe methad5 and principles In the Charitie5 SORP,. make Judgements and estlmate5 that are reasonable and prudent; prepare the flnancial statements on the golng concern basis unless It Is inappropriate to presume that the charlty will contlnue In buslness. The members are re5ponslble for malntalnln8 proper accounting record5 whlch dlsclose wlth reasonable accuracy at any time the flnancial positlon of the charity and enables them to ensure that the flnanclal statements comply wlth the necessary leglslatlon.The members are also responsible for safeguardlng the assets of the charlty and hence for taklng reasonable steps for the preventlon and detectlon of fraud and other Irregularltles. By Order of the Management Commlttee: Member do Member / f 9th September 2024 Page 4 Springhill Park Area Residents And Youth Association Statement of Receipts and Payments for the year ended 31st March 2024 Unrestrlcted Restrlcted Fund5 Funds Total 2024 Total 2023 Receipts Volunta Recei ts Clubs & fundraising 6,291 6,291 10,018 From Charitable Activities Inspire Well Being Education Authority DCSDC Blg Lottery- Awards for All Greystone Trust 420 420 555 500 26,000 50,000 1,000 25,026 50,000 1,000 25,026 50,000 6,291 76,446 82,737 87,073 Payments Running Costs Facllltators Programme & event costs Insurance Offlce & maintenance costs Accountancy Donation Bank fees 4,180 4,698 25,072 33,719 880 770 504 8,878 25,072 33,719 880 1,127 504 100 214 9,285 26,370 31,568 358 924 480 100 214 211 4,638 65,857 70,495 68,838 Net Receipts 1,653 10,589 12,242 18,235 Transfers to/lfroml funds (Deflclt)/ Surplu5 for the year 1,653 10,589 12,242 18,235 Reconciliation 31.03.24 Cash at bank & in hand 31.03.23 Surplus/(deficit) this year end Cash at bank & in hand 31.03.24 18,653 1,653 20,306 48,420 10,589 59,009 67,073 12,242 79,315 48,838 18,235 67,073 Page 5 Springhill Park Area Residents And Youth Association ststement of assets and liabilities forthe year ended 31st March 2024 Unrestricted Restricted Funds Funds Total 2024 Total 2023 Funds Recon¢lllatlon Cash at bank & in hand 31.03.23 18,653 48,420 67,073 48.838 Surplus/(deficit) thls year end 1,653 10,589 12,242 18,235 Cash at bank & in hand 31.03.24 20,306 59,009 79,315 67,073 Bank & Cash Balances Bank Current account Bank Youth Club account 58,599 20,716 79,315 56,311 10,762 67,073 Approved by the members and signed on thelr behalf by: Member Member Date: 9th September 2024 Page 6