SIR HANS SLOANE CENTRE LTD REPORT AND FINANCIAL STATEMEiYrs FOR THE YEAR ENDED 31ST DECEMBER 2024 Company Registration Number: N1666507 Charity Registration Number: NIC 107724 EIIMONN P MCGRADY & CO Chartered Accountants & Registered Auditors 4-6 Market Lane DOWNPATRICK Co DON7 BT30 6TH Tel: 028 44614340 Email: eamonnmcgrady@yahoo.com
SIR HANS SLOANE CENTRE LTD REPORT AND FINAIYCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 CONTENrs PAGE Company Information Report Of The Directors Independent Examiners Report Stat¢m¢nt of Financial Activities Statement of Financial Position Notes To The Financial Ststements
SIR HANS SLOANE CENTRE LTD REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 COMPAI¥Y INFORMATION DIRECTORS: Martin Craigs Elizabeth Crilly Richard Cushnie Lorraine Lawson REGISTERED OFFICE: 23 High Strect Killyleagh DOWNPATRICK Co Down BT30 9QF COMPANY REGISTRATION NO: N1666507 AUDITORS: Eamonn P McGrady & Co Chartered Accountants & Registered Auditors 4-6 Market Lane DOWNPATRICK Co Down BT30 6TH Danske Bank PO Box 183 Donegal Square West BELFAST BTI 6JS Nt CHAIUTY NUMBER: NICI 07724 DATE OF CHARITY REGISTRATION: I 1° August 2020
SIR HANS SLOANE CENTRE LTD REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 - DJREcfoRS REPORT- The Directors presents its Report and Financial Statements for the year to 31 December 2024. PRINCIPAL AcrIvrrIES The principal activities of the company are as a heritage and discovery centre. Activities benefit thc community and in particular individual of all ages, abilities, gender and religious backgrounds. Workshops and talks give individuals access to infomial learning in history, science, culture and heritage. There is a small patio garden. museum and infornmtion boards, all aimed at visitors, locally and from Nl and Iwond. The centre has established regular groups for Senior citizens, YO primary school aged children and all other member of the public. EVENTS SINCE THE END OF THE PERIOD There have been no events since the Balance Sheet date necessitating any revision of the Financial Statements. REVIEW OF RESULTS The sUlUS of income over expenditure for the year was £7.131 (2023 £1.613). The Committee is satisfied with the progress made in the year. DIREcfoRS The Directors who served during the year were as follows: Martin Craigs Elizabeth Crilly Richard Coshnie Lorraine Lawson AccouNfING STANDARDS The Committee is of the view that appropriate accounting and financial reporting standards have been followed in the preparntion of the Financial Statements. ACcOUNTs Eamonn P McGTady & Co have expressed theiT willingness to continue in office as Accountants and a resolution for their re-appointsnent will be prop)sed at the next annual general meeting. By Order of the Committee MRS ELIZABETH CRILLY CHAIRPERSON DATE
SIR HANS SLOANE CENfRE LTD INDEPENDENT EXAMINERS REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024 Independent ExAminer?s Report to the Trnstxs of Sir Hans Sloane Centre Ltd. Eamonn P McGrady & Co report on the accounts of the SIT Hans Sloane Centre Ltd. for the year ended 31# December 2024. which are set out on page 5 to l O. Respective responsibilities of eharity trnstees examiner As the charlty's teeS you are responsible for the preparation of the accounts in accordance with the Charities Act (NI} 2008. It is the SponSibl11ty of Eamonn P McGT&ly & Co to: examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general directions given by the Charity Commission under section 65(9) Ib) of the Charities Act. state whether particular matt¢rs have come to our attention Basis of indep¢lld¢llt examiner's statement Eamonn P McGrady & Co have exatnined your clwity accounts as requir&1 under section 65 of the Charities Act and our eamInatIon was carried out in accordance with the general Directions given by the Charity Commission Nl under section 65(9) (b) of the Charities ACL Our examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with tho% records. It also included cotLSid¢ration of any USUal it¢ms or disclosures in the accounts, and seeking explanations from you as charity tteeS conceming any such matters. The role of Eamonn P McGrady & Co is to state whether any matsrial matters have come to our attention giving cau% to believe: l. that accounting Tccor(L8 were not kept in accordance with section 62 of th¢ Charities Act 2. that the accounts do not accord with those )UntIng records 3. that the accounts do not comply with the accounting requirements of the Charities Act 4. that the is further information needed for a prOr understanding of the accounts to b¢ reach Independent examiner's statement Eamonn P McGrady & Co have completed an examination and have no concerrts in respect of the matters I to 4 lisied above and. in connection with following the Directions of the Charity Cornmissi Nl have no TnatteTS th* require to be drawn to your attention. Eamonn P MCG &Co Chartered Accountants & RegisteTcd Auditors 4-6 Market Lane DOWNPATRtCK Co Down BT30 6TH Date
SIR HANS SLOANE CENTRE LTD REPORT IIND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 2024 2024 Total Funds 2023 Unrestricted Restricted Funds Funds Total Funds COME 20,107 7.818 27,925 38,869 Direct Cost of Activities Administrative Expenses OPERATING SURPLUS/(DEFICIT) 1.941 5,190 7.131 1.613 Balance Brought Forward 495 Balance Carried Forward
SIR HANS SLOANE CENTRE LTD STATEMENT OF FINANCIAL POSITION - 31ST DECEMBER 2024 2024 2023 Notes FIXED ASSETS Tangible Assets 456 CURRENT ASSETS Stock Bank 200 12,442 3,307 CURREIYT LIABILITIES Accruals 3,698 2,150 NET CURRENT ASSETSI(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES 8,744 1,613 LONG TERM LIABILITIES NET ASSETS CAPITAL AND RESERVES Reserves Profit/(Loss) for year 1,613 For the financial year in question the company was entitled to exemption under section 477 of the Companics Act 2006 relating to small compani¢s. No mernbers have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.The dir¢ctors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. MRSE ZABETH CRILLY APPROVED ON BEHALF OF THE BOARD DATE
SIR HANS SLOANE CENTRE LTD REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 NOTES TO THE ACCOUNTS GENERAL INFORMATION Th¢ wmpany is a private company limited by guarantec, r¢gist¢r¢d in Northern Ireland. STATEMENT OF COMPLIANCE The Financial Statements have been Prepared in accordance with the provisions of Section IA (Small Entities) of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" (Charities SORP FRS102). ACCOUNTING POLICIES (a) BASIS OF AccouNfING The Financial Statements have been prepared in accordance with the historical cost convention. The fllwicial statements are prepared in sterling, which is the functional currency of the organistation. (b) INCOME Turnov¢r is m¢asur¢d at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Income consists of donations, grants and other amounts arising from the organisation's ordinary activities. (c) GIL4Nr Revenue grants are accounted for on the basis of grants received or receivable. capital grants are accounted for by the creation of a deferred credit which is released to th¢ income and expenditurc account over the expected economic uscful life of the asset being funded subject to a nlMUM deferral of 20 years.
SIR HANS SLOANE CENTRE LTD REPORT AND FINANCIAL STATEMENrs FOR THE YEAR ENDED 31ST DECEMBER 2024 (c) DEPRECIATION Depreciation is calculated to write off the cost of fixed assets over their anticipated useful lives. Fixtures & Equipment 251/10 (straight line) Interest Payable & Similar Charges 2024 2023 Bank Charges & Interest 85 80 TANGIBLE FIXED ASSETS FIXTURES & EQUIPMENT 2024 TOTAL 2023 Cost At Start of Year Additions Disposals At End of Year 1,370 1.370 1,370 Depreciation At Start of Year Eliminated on Disposal Provision for Year 914 914 456 456 914 914 Balance Sheet Value si At 31 December 2024 At 31" December 2023 RESERVES 2024 2023 Funds Introduced Balance at Start of Year Surplus for the Year 1,613 CONTINGENT LIABILITIES In certain circurnstances, it is possible that grants would become repayable. It is believed that no such circumstances arosc at the dat¢ of the Statcment of Financial Position.
THE NOTES WHICH FOLLOW DO NOT FORM PART OF THESE Accouiyrs AND MAY BE REMOVED BY THE comurE BEFORE THE Accouiyfs ARE ISSUED TO OTHER PARTIES.
SIR HANS SLOANE CENTRE LTD REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 2024 2024 Unrestricted Totsl Funds 2023 Totsl Funds RECEIFrs Grants: Ulster Scots NM and DDC - Shop Front NM and DDC - H¢ritage Heritage Grdnt- Supplier Refund Fibrus Royal Society Other Income British Science Donations Donation- Sir Hans Sloane Visitor & Education Centre 1,851 1,851 1,078 4,514 1,175 1,967 1,967 500 5,922 5,148 5.148 6.431 43 General Gift Shop Sales Room Hire Sale of Books Sale of Paintings Ticket Sal¢s Wages Refund Language cl8 Other Income 4,072 3.282 65 3,358 3.552 4,072 3,282 65 3,358 3,552 4,475 95 1,127 45 380 250 380 250 TOTAL tNCOME Opening Stock Purchases Closing Stock 1,277 200 1.077 1,227 200 1,077 LESS EXPENSES Ulster Scots R¢pairs - Shop Front Grant Heritage Costs Advcrtisin& Postag¢ & Stationery FibNs Grant Royal Society Accountancy Painting Sales Commission Insurance Bank Charges Cinema Fe¢ Cotnputer Expenses Depreciation Costs Display Costs Electricity General Expenses Parking Fees Rates Rent Repairs 1,792 1.792 1.487 5.025 8,067 138 97 97 732 732 104 1.548 4.415 1,367 85 168 1,548 4,415 1,367 85 168 1,200 3,264 1.515 80 387 328 914 840 2,966 935 12 602 5,336 470 456 48 1.403 527 456 48 1,403 527 1.695 1.334 1.265 1,695 1,334 1,265
Telephone & Wifi Travel Costs Visitor and Volunteer Lunch Staff Cover Websit¢ F¢¢s Tutor F¢es Book Sale Commission Christm&s Event Inchart Evcnt Equipment Vet¢rinary Expenses Subscriptions Wine Tasting Project 576 576 576 220 305 2.220 80 i i i 60 239 292 201 34 198 566 42 90 272 i li 60 239 292 201 34 198 566 42 272 289 SURPLUSI(DEFICIT) 5,190 1,941 7,131 1,613
SIR HANS SLOANE CEwfRE LTD REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 Restricted 2024 2024 Ullrestrieted Total Funds 2023 Total Fund$ Cash funds this year end