The Belfast Battalion Charitable Foundation
The Boys' Brigade Belfast Battalion Charitable Foundation STATEMENT OF ASSETS AND LIABILITIES for the year ended 31 March 2023
| Notes Fixed Assets Investments 11 Current Assets Stocks Debtors 12 Cash at Bank and in hand Current Liabilities Amounts falling due within one year NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES Creditors: amounts falling due within one year 13 TOTAL NET ASSETS Restricted Funds Unrestricted Fund TOTAL FUNDS 14 |
2023 £ 118896 118896 - 29097 29097 - - 147993 - 147993 147993 - 147993 |
2022 £ 133283 |
|---|---|---|
| 133283 | ||
| - 20595 |
||
| 20595 - - 153878 - 153878 153878 - 153878 |
These Financial Statements were approved by the Trustees Wednesday 31st May 2023 and signed on their behalf by:
Mr TWP Donaldson Chairman
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The Belfast Battalion Charitable Foundation
The Belfast Battalion Charitable Foundation NOTES TO THE ACCOUNTS 31 March 2023
1. ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
As the total income of the Charity is less than £250,000 the Trustees have elected in accordance with the provisions in The Charities (Accounts and Reports Regulations (NI) 2015) to prepare its accounts on a receipts and payments basis.
FUND ACCOUNTING
Endowment funds are funds, the capital of which must be retained either permanently or at the Charity’s discretion; the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place.
Restricted funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (b) revenue donations or grants for a specific Charity activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis.
Unrestricted funds are income funds which are to be spent on the Charity’s general purposes. Designated funds are general funds set aside by the Charity for use in the future.
2. DONATIONS AND LEGACIES
| Unrestricted | Restricted | Endowment | Total | Total | |
|---|---|---|---|---|---|
| Funds | Funds | Funds | 2023 | 2022 | |
| £ | £ | £ | £ | £ | |
| Donations and gifts | - | - | - | 10150 | |
| Gift Aid | - | - | - | - | |
| Legacies and bequest | - | - | - | - | - |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| - | - | - | - | 10150 | |
| ---------- | ---------- | ---------- | ---------- | ---------- |
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The Belfast Battalion Charitable Foundation
The Belfast Battalion Charitable Foundation NOTES TO THE ACCOUNTS
31 March 2023
3. CHARITABLE ACTIVITIES
| 3. CHARITABLE ACTIVITIES |
|||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | |
| Funds | Funds | Funds | 2023 | 2022 | |
| £ | £ | £ | £ | £ | |
| Income from charitable activities | - | - | - | - | - |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| - | - | - | - | - | |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| 4. OTHER TRADING ACTIVITIES | |||||
| Unrestricted | Restricted | Endowment | Total | Total | |
| Funds | Funds | Funds | 2023 | 2022 | |
| £ | £ | £ | £ | £ | |
| Letting of premises | - | - | - | - | - |
| Trading income | - | - | - | - | - |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| - | - | - | - | - | |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| 5. INVESTMENT INCOME | |||||
| Unrestricted | Restricted | Endowment | Total | Total | |
| Funds | Funds | Funds | 2023 | 2022 | |
| £ | £ | £ | £ | £ | |
| Deposit interest | - | - | - | - | - |
| Income from Investments | - | 8527 | - | 8527 | 3747 |
| Rents investment properties | - | - | - | - | - |
| Other investment income | - | - | - | - | - |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| - | 8527 | - | 8527 | 3747 | |
| ---------- | ---------- | ---------- | ---------- | ---------- |
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The Belfast Battalion Charitable Foundation
The Belfast Battalion Charitable Foundation NOTES TO THE ACCOUNTS (cont’d) 31 March 2023
6. OTHER INCOME
| Unrestricted | Restricted | Endowment | Total | Total |
|---|---|---|---|---|
| Funds | Funds | Funds | 2023 | 2022 |
| £ | £ | £ | £ | £ |
| - | - | - | - | - |
| - | - | - | - | - |
| ---------- | ---------- | ---------- | ---------- | ---------- |
| - | - | - | - | - |
| ---------- | ---------- | ---------- | ---------- | ---------- |
| 7. | RAISING FUNDS | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | ||
| Funds | Funds | Funds | 2023 | 2022 | ||
| £ | £ | £ | £ | £ | ||
| - | - | - | - | - | ||
| - | ||||||
| ---------- | ---------- | ---------- | ---------- | ---------- | ||
| - | - | - | - | - | ||
| ---------- | ---------- | ---------- | ---------- | ---------- | ||
| 8. | CHARITABLE ACTIVITIES | |||||
| Unrestricted | Restricted | Endowment | Total | Total | ||
| Funds | Funds | Funds | 2023 | 2022 | ||
| £ | £ | £ | £ | £ | ||
| - | - | - | - | - | ||
| ---------- | ---------- | ---------- | ---------- | ---------- | ||
| - | - | - | - | - | ||
| ---------- | ---------- | ---------- | ---------- | ---------- | ||
| 9. | Investment Costs | |||||
| Unrestricted | Restricted | Endowment | Total | Total | ||
| Funds | Funds | Funds | 2023 | 2022 | ||
| £ | £ | £ | £ | £ | ||
| - | - | - | - | |||
| ---------- | ---------- | ---------- | ---------- | ---------- | ||
| - | - | - | - | - | ||
| ---------- | ---------- | ---------- | ---------- | ---------- | ||
| 9 |
The Belfast Battalion Charitable Foundation
The Belfast Battalion Charitable Foundation NOTES TO THE ACCOUNTS (cont’d) 31 March 2023
10. OTHER EXPENDITURE
| Unrestricted | Restricted | Endowment | Total | Total | |
|---|---|---|---|---|---|
| Funds | Funds | Funds | 2023 | 2022 | |
| £ | £ | £ | £ | £ | |
| Bank Fees | - | 25 | - | 25 | 101 |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| - | 25 | - | 25 | 101 | |
| ---------- | ---------- | ---------- | ---------- | ---------- |
11. INVESTMENTS
The Charity has the following investments. Amounts are shown at market valuation as at 31 March.
| Unrestricted | Restricted | Endowment | Total | |||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | ||||
| £ | £ | £ | £ | |||
| 1stApril 2022 | - | 133283 | - | 133283 | ||
| Additions | - | - | - | - | ||
| Disposals | - | - | - | - | ||
| Net | Realised and unrealised | - | (14387) | - | (14387) | |
| Gains/(losses) | ||||||
| ---------- | ---------- | |||||
| 31st | March 2023 | - | 118896 | - | 118896 | |
| ---------- | ---------- | |||||
| 12. | DEBTORS | |||||
| 2023 | 2022 | |||||
| £ | £ | |||||
| - | - | |||||
| - | - | |||||
| ---------- | ---------- | |||||
| - | - | |||||
| ---------- | ---------- |
13. CREDITORS: Amounts falling due within one year
| 2023 | 2022 |
|---|---|
| £ | £ |
| - | - |
| ---------- | ---------- |
| - | - |
| ---------- | ---------- |
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The Belfast Battalion Charitable Foundation
The Belfast Battalion Charitable Foundation NOTES TO THE ACCOUNTS (cont’d) 31 March 2023
14. SUMMARY OF FUNDS
| Fund Unrestricted Funds General Fund Restricted Funds Fund for Future Investments Restricted Funds Endowment Funds Total |
Balance at start Receipts Payment Surplus / (Deficit) Transfer Balance at end £ £ £ £ £ £ |
|---|---|
| - - - - - - |
|
| - - - - - - |
|
| 20595 8527 25 8502 - 29097 133283 - 14387 (14387) 118896 |
|
| 153878 8527 14412 (5885) - 147993 |
|
| 153878 8527 14412 (5885) - 147993 |
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