Portadown Phoenix Player3 Financial Ststsments for the year ended 31 March 2023 Portadown Phoenlx Player6 CONTENTS Exe¢ulive Comrnittee and Other Itrforniation Executlve Commlttee's Report Statement of Committee's Responsikn1ities Aco)untanfs Report Profit and Loss Account Balance Sheet Accounting Polides 10 Notes to the Finandal Statements Portadown Phoonix Players DIRECTORS AND OTHER INFORMATION Mr. Brnndan Magee (Chair) ' Mr8 Vanessa Couttsr (Secretary) Mr. Denis McKeever (Treasurer) Mrs. Swwd Morrow IVk8 Chair) MG a(xountsnts (Portathwn) 25-27 Cadekn7 Street BT82 3EP Banker PO Box183 DonWI Sqw8 West Co. Antrkn BT16JS United lfjngdm" 80li¢ltor RM Cullen Soll(ato Portadown BT62 3NA Portadown Phoenlx Players EXECUTIVE COMMIThEE'S REPORT forthe y8ar endad 31 March 2023 The Executive commlttee.prWts thelrreport and the au(Uted finanad statementsfortha year ended 31 M￿Ch 2023. Prfncipal Actlvlty The objects of the Socloty are to educate the public in the dyamatlc afKI Iyatic arts, end to further the development of the publi¢ appredaOon and tsste in trle 8ald arts. Results The profit110￿ forthe yaar aYrt)un￿l to £953 (2022: £3229). COMn￿ttee Membership The Members who 8epHI the Ex￿Ullve Committee durfrg lh8 year is & folth&' Mr. Brendan Magèe (Chair) Mrs var￿ Coulter (Seoretsry) Mr. Denis McKeever (Treasurer) Mrs. Sinead Morruw Chair) Mr. Brendan Magee (Chairl Date:oJ. of.U Mrs Vanessa Coulter (Seeretary) Ilfjii. Portadown Phoenix Players STATEMENT OF EXECUTNE COMMIThEE'S RESPONSIBILITIES for the year ended 31 Marth 2023 Th6 constitsrfon of th8 organlsalion requlres the Executi￿ COMMI￿t0 pre. pare financlal statem8nts.forea¢h finandal yearwhith glve a true and fairview of the state of aff*s Oftt￿ organisation and ofthe pffjfft or loss of the organlsatil for that year. In weparing those financial statem￿ts, the of Manwent are r8quired to: 1) seknt suftable 8Gcounting pofKies and ath them consithitty, 2). make judgements and estimates that are reasonable.ar¥J pnthn¢ 3) prépare the financia ststements on the going c<)ncem basis un18ss It is Inapproprfate to'wwme that organlsation wll contlnue in ￿ fuiurn. 4) stats whether applicable accounfjro standards have bw foiiwl. sutyect to any rnatertal depathras d18¢1osed and explained In th8 finan(aal siatements; . . Th8 Exe￿tive conmittep are respon. s'tble for keepirrfJ ptoper accounting reGorts vthith dlsdosa wlth reasonable accuracy at any tlm8 the fjnancial.pothon of the organisation. They are also forsa￿U8rd1ng the assets of the organlsation and henc8 for takEng steps for the preV￿110n and detsction of fraud and other Irregularttles This reportwas appnwed by the Execubve Commiltee and sgned on it8 by: Mr. Brendaft Magee (Chalr) Date:a{(b-I3 Mrs Vanèssa Coulter {S¢cretary) Dato: ijflll. Portadown Phoenix Players ACCOUNTANT'S REPORT to the Members of Portadown Phoenix Players FINANCIAL AND EXAPIINER'S REPORT 2023 Indèpendent Examlnerfs Report to the Executfvo Committee of Portadown of Phoonlx Playe I report on the accounts of Portadown Ph08nrx Players for the 12 month perK)d ended 31 March 2023. whlch are set out on pages 7 to 10. Rèspective respon8ibiJitEes of the Execu[1￿ cunmltt The Executive cornmittee are tw)on&ble trthe preparation of attounts. The Executtve c))mmitte6 ¢)Jnsider that an aLKlit is not rwired for this year (under sectton 43(21 of the Charities 1993 and the Charities AGI INI) 2008) and that an independent examination is needed. l am qualified to undertake the exarnirotii￿ by being a Q￿111[ed member of Chartered Accountants Ireland. Having satisfied myseFf that the entity.is not subject to aurfrt urKler company Traw and is eligible for Inde￿dent examinatton, it is my responsibilty to.- axamine the Accounts. To follow the procedures laid dovm in the general directtons gven by the tharity commission. To state whether parttcular matters have come to my attention. Basis of Independent Exarninerfs Report My examination was carTred out in accordance ￿th the general directions ￿Ven by the Charity Commisslon. An examination indudes a review of the accounting records kept by the oharity and a comparison of the accounts pr8senled with those records. It also includ88 constderation of any unuwal items or disclosures in the accounts, and seeking explanations from the Management Committee con￿MIng such matters. The procadures undertaken do not provide all the evtdence that would be requlred In an audtt and consequenuy no opinion ts given as to whether the . accounts presÈnt a ￿Ve artd fair vtw and Ihe report is limiied to those matters set out in the statement balow Independent Examinerfs Statement In connettion wrth my examination. I confirm that no rnaterial matters have &)me to my attention in conne(Jion wtth the examination which gives me to believe that in, any material respect The accounting reco￿8 were not kept in *cordan￿ wrth Secti￿ 130 of the CharitF8S A¢ or The accounts did not accord ￿th the acC￿￿ting records. or The accounts drd not comply w4th the appltcable requirements concemirKJ fh8 fomi and contènt of accourts set out in the Charities (Accounts and Reports) Regulation5 21)08 ofherlhan ary requirement that the aGcounts give a Inje and fairt view which is not a matter considered as part ofan independent examination ' I have no ¢oncems and have come acr08s no othermatters in COnne￿On th the examination to whidi att￿lion should be drawn in thig report in ord8r to enabl8 a properunderstsnding of the accounts to be fyached. .KIC accowdats MG a￿untants {Port8down) 2$27 Carleton Street Portadown 8T62 3EP Portadown Phoenix Players PROFIT AND LOSS ACCOUNT For the perlod ended 31 March 2023 2023 2022 In¢ome 14507 3.770 Fundraising expenses 19 Rent of p8rfomianc8 SP 11,506 Gross surylus 3,001 3,764 General expense8 Offio stationery Adverti8ing Insurance Subscr5ption8 Entertatnmerrt Bank Charges D8precÉation 754 208 Administratlv8 e>penses 535 ProflV{Deflclt) for the Ilnancial y 953 3,229 Portadown Phoenix PlayerJ BALANCE SHEET For the perlod ended 31 March 2023 2023 2022 Fixed Assets Tangible Fixed A58ets 514 Current Assets Cash at bank and in.hand 5,023 5,023 Net Currnnt Assets Total Assets less Current Uabllltle6 5P76 5,023 Fund acL*unt S976 4023 023 Total funds 5.976 We approvethe* finaneAal statements on b￿￿￿Ofthe ffAnagemgrtrnmmittee arml confim thatwe hav8 avallatAe all relevant rewrds and infomiation forlhetr prepayabrn. . Mrs Vanessa Coultsr (Secrntary) I Is}13 Portadown Pho•nlx Players ACCOUNTING POLICIES for the yaar 8nd8d 31 Manth 2023 Basls ol pr•paratlon Thetlnanc1818tatements have pre￿ underthe NsbrKal costcowention and the financlal.reportlrKJ staTrJard& The followku accourrfing pollcles have b8en appli￿1 IX￿ in dealiru wtth It￿ whlth are o)nsidered materf In rdatton to tha organisations financial sta1￿8Thts. Inwne Income compri8es the varlous Income str8arffj in note 1 and is reo)gniwJ WI￿ re¢efved'. Govemmont Grants Grant Income Is re¢ogTh8ed tn hKyJne when received. Tangible IIxod 08set8 and depreaabon Depredation Is prowded at * ￿lated to vnlte off the or valuakn1888 redthal valu8 of each ass &xp8thd useful lif8, as follows: Fixiures, llttings and ewipmert. 10% RedUth￿ BalaJKe Portadown Phoenix Players NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 Mard3 2023 INCOME The income for the year has been derived from:_ 2023 2022 1.750 2,020 Grants received Box office and fundralslng Membershlp Sponsorship and donations Other income 7,320 1220 2,351 616 I4￿7 3,770 TANGIBLE ASSEf5" xtures, ttings and equipmont At 1 Aprll 2022 Addiuons 571 571 571 571 At 31 Marth 2023 Depreciatlon At 1 April 2022 Charga frjr the finanoal y 57 57 57 74.187 At 31 March 2022 Net book value At 31 March 2023 514 514 At 31 March 2022 2023 2022 3 FUNDACCOUNT At l March 2022 Profrt (Deficit) for the financial year 1,794 3,229 953 At 31 March 2023 5,976 5.023 io