Portadown Phoenix Players
Financial Statements
for the year ended 31 March 2025

Portadown Phoenix Players
CONTENTS
Page
Executive Committee and Other Information
Executive Committee's Report
Statement of Committee's Responsibilities
Accountant's Report
Profit and Loss Account
Balance Sheet
Accounting Policies
Notes to the Financial Statements
10

Portadown Phoenix Players
DIRECTORS AND OTHER INFORMATION
Executive committee
Mr. Brendan Magee (Chair)
Mrs Vanessa Coulter {Secretary)
Mr. Denis McKeever {Treasurerl
Mrs. Sinead Morrow (Vice Chairl
Accountant
MG accountants
{Portadown)
2&27 Cadeton Streel
Portadown
Co. Annagh
BT62 3EP
United Kingdom
Banker
Danske Bank
PO Box 183
Donegall Square West
Belfast
Co. Antrim
BT1 6JS
United Kingdom
Solicitor
RM Cullen Solicitors
16-22 Edward Street
Portadown
BT62 3NA
United Kingdom

Portadown Phoenix Players
EXECUTIVE COMMIThEE'S REPORT
forthe year ended 31 March 2025
The Executive committee p￿sents their report and the audited financial statements for the year ended 31 March 2025.
Principal Activity
The objects of the Society are to educate the public in the dramatic and operatic arts. and to fvrther the development
of the public appreciation and taste in the said arts.
Results
The profivloss for the year amounted to £1,409 (2024: £742).
Committee Mernbership
The Members who served on Ihe Executive Committee during the year is as follows:
Mr. Brendan Magee {Chair)
Mrs Vanessa Coulter (Secretary)
Mr. Denis McKeever (Treasurer)
Mrs. Sinead Morrow (VI￿ Chair)
This report Was approved by the Executive Committee and signed on it's behalf by:
Mr. Brendan Magee
(Chair)
Date..
Mrs Vanessa Coulter
{Secretaryl
Date:
Jr/)r

Portadown Phoenix Players
STATEMENT OF EXECUTIVE COMMITTEE'S RESPONSIBILITIES
for the year ended 31 March 2025
The constitution of the organisation requires the Executive committee to prepare financial statements for each financial
year which give a true and fair view of the state of affairs of the organisation and of the profit or loss of the organisation
for that year. In preparing those financial statements. the Committee of Management are required to:
11 select suitable accounting policies and apply them consistenUy-
21 make judgements and estimates that are reasonable and pnjdent",
31 prepare the financial statements on the going concem basis unless tt is inappropriate to presume that the
organisatson will conb'nue in the futu￿.
41 Slate whether applicable accounting standards have been followed, subject to any material departures
disclosed and explained in the financial slatements..
The Executive committeé are responsible for keeping proper accounting records which disclose with reasonable
accuracy at any time the financial position of the organisation. They are also responsible for safeguarding the assets
of the organisation and hence for taking reasonable steps for the prevention and detection of fraud and other
I￿egUla￿￿eS
This report was approved by the Executive Committee and signed on its behalf by:
Mr. Brendan Magee
{Chair)
Date: Q ).iL.
Mrs Vanessa Coulter
{Secretary)
Date:
l/l/ir

Portadown Phoenix Players
ACCOUNTANT'S REPORT
to the Members of Portadown Phoenix Players
FINANCIAL AND EXAMINER'S REPORT 2025
Independent Examiner's Report to the Executive Committee of Portadown of Phoenix Players
I repcrt on the accounts of Portadown Phoenix Players for the 12 month period ended 31 March 2025, which are set
out on pages 7 to 10.
Respectlve responsibilities of the Executive committee
The Executive committee are responsible for the preparation of accounts.
The Executive committee consider that an audit is not required for this year (under section 43121 of the Charities Act
1993 and the Charities Act INI) 2008) and that an independent examination is needed.
l am qualified to undertake the examination by being a qualffied member of Chartered Accountants Ireland.
aving satisfied myself that the entity is not subject to audit under company law and is eligible for independent
examination, it is my responsibility to:
Exarnine the Accounts.
To follow the procedures laid down in the general directions given by the charity commission.
To stale whether particular matters have come to my attention.
Basis of independent Examiner's Report
My examination was carried out in accordance WEth the general directions given by the Charity Commission. An
examination includes a review of the accounting records kept by the charity and a comparison of the accounts
presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and
seeking explanations from the Management Commrttee conceming such matters. The procedures undertaken do not
provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the
accounts present a "true and fair view- and the report is limited to those matters set out in the statement below
Independent Examiner's SL*ement
In connection with my examination, I conffm that no material matters have come to my attention in connection with the
exarnination which gives me cause to believe that in. any material respect=
The accounts'ng records were not kept in accordance with section 130 of the Charities Act,. or
The accounts did not accord the accounting records., or
The accounts did not comply wth the applicable requirements conceming the fomi and content of accounts
set out in the Charities (Accounts and Reports} Regulations 2008 otherthan any requirement thatthe accounts
give a Irue and fairf view which is not a matter considered as part of an independent examination
I have no concems and have come across no other matte(s in connection with the examination to which attention should
be drawn in this repart in order to enable a proper understanding of the accounts to be reached.
MG accountants
{Portadown}
25-27 Carleton Stre•t
Portadown
BT62 3EP

Portadown Phoenix Players
PROFIT AND LOSS ACCOUNT
For the period ended 31 March 2025
2025
2024
Notes
Income
24,521
19,741
Fundraising expenses
Performance costs
21
13.991
3,449
16,345
5,739
Rent of perforynance space
22.084
17,461
Gross surplus
2,437
2,280
General expenses
Office stats'onery
Adverbsing
Insurance
Sub%riptions
Entertainment
Bank charges
Depreciation
130
762
350
145
257
89
57
335
215
125
57
Administrative expenses
1,028
1,538
Profitl{Deficitl for the
financial year
1,409
742

Portadown Phoenix Players
BALANCE SHEET
For the period ended 31 March 2025
2025
2024
Notes
Fixed Assets
Tangible Fixed Assets
589
457
Current Assets
Cash at bank and in hand
7.538
6,261
Net Current Assets
.127
6,718
Total Assets less Current
Liabilities
8,127
6.718
Reserves
Fund account
8.127
6,718
Total funds
8,127
6,718
We approve these financial statements on behalfofthe management committee and confim that we have made available
all relevant records and information for their preparation.
Mrs Vanessa Coulter
Isecretaryl
Date:
.11 r/ir

Portadown Phoenix Players
ACCOUNTING POLICIES
for the year ended 31 March 2025
Basis of preparation
The ff nancial statements have been p￿pared underthe historical cost convention and the financial reporttng standards.
The following accounting policies have been applied consislenuy in dealing with items which are considèrad material
in relation lo the organisations financial statements.
Income
Income comprises the various income streams as detsiled in note 1 and is recognised when received.
Government Grants
Grant income is recognised in income when received.
Tangible fixed assets and depreciation
Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each ass
expected useful life, as follows:
Fixtures, fittings and equipment- 10°/o Straight line

Portadown Phoenix Players
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2025
INCOME
The income for the year has been derived from:_
2025
2024
Grants received
880
Box office and fundraising
Membership
Sponsorship and donations
Other income
16,644
3,510
4,367
11,606
2,770
2,375
2,110
24,521
19,741
TANGIBLE ASSErs
Fixtures,
fittings and
equipment
Total
Cost
At 1 April 2024
Additions
571
189
571
189
At 31 March 2025
760
760
Depreciatlon
Al 1 April 2024
Charge for the financial year
114
57
114
57
At 31 March 2025
171
171
Net book value
Al 31 March 2025
589
589
Al 31 March 2024
457
457
FUND ACCOUNT
Z025
2024
At l March 2024
Profit (Deficit) for the financial year
6,718
1,409
5,976
742
At 31 March 2025
8,127
6,718
io