RaVarn Cornfflunlty N*M>r& St•t•ffl•nl ol RnwKl•l Actlvftknj For th• y•ar •fidlni 31 M•rrh 2024 Tol Tot•1 2023 lunds funds 2024 Incom• from: Grants and donations Investmenl incorne Other 499 3,411 3.910 5,013 Total Incom• 499 3.411 3.910 5.013 Exp•nditur• on: Event & Comrnunltv CDsts Donatfons to thanlies Equiprnent & ststior Governanc• Insuranc Other 2.638 2.638 3,178 Icx) 495 45 249 252 252 32 249 430 32 249 430 Total omp•ndftur• 32 3569 3.601 N•t Incom• 467 Transfer5 between funds Net ialn on investrnent assets (63) 63 N•t mov•m•nt In furKIs (95) 946 Roconclllatlon of funds: Total funds brought forbvard 1.113 9S 1.208 263 Total fvnds carrl•d forward 1.517 1,517 1,208 The statement of financial activities indudes all Dins and losses recoqnlsed in the year. All Income and expendlture derlve from contlnulns activltles.
Rarn•t Cornrnunlty N•twor B•lanc• Sh••t As at 31 March 2024 2024 20Z3 Flx•d assets Tangible assets Investments Total flxod assets Currnnt assots Debtors Cash at bank and In hand 1,517 1,208 Total curr•nt •ssets 1,517 1.208 U•bllltl•s Credltors. Amounts falling due wlthln one year Net curr•nt assets 1,517 1,208 Total n•t ass•ts 1,517 1.208 Th• funds of th• charfty: Unrestricted Income funds Restricted Income funds 1,517 1.113 95 Total charlty funds 1,517 1.208 The trustees have prepared the finanaal statements in accordance with The Charities (Accounts and Reports) Regulatlons (Northern Ireland) 2015 for clrculatlon to the members. APprOd by th• trwte•s on 6th January 2025 Slgned: Jennifer Anderson
Rav•rn•t Communlty N•tWDrk Not•1 to lh• Fln•nd•l St•t•m•nts For th• y••r •nd•d 31 March 2024 Accountlni polk The prlncipal accountin8 polldes that have been adopted conslstently throughout the year and the prlor year are sumrnarised below. 1.1 Basls of pr•parJtlon The flnancial statements have been prepar•d In accordanc• with AccDuntlng •nd Reportlng by Charitles: Statement of Recornmended practi appllcable to tharltAes preparln8 thelr a(zounts In acrordance wlth the Flnanaal Reporting Standard appllcabla In th• UK and Republlc of Ireland (FRS 102) - (Charities SORP (FRS 102)), the Flnancial Reportin8 Standard applicable In the UK and Republlc of Ireland (FRS 102) and The Charities (Accounts and Reports) Re8ulatlons (Northern Ireland) 2015. The financlal statements have been prepared under the hi5torfcal cost convention except for Investment assets, whlth are shown at market value. Th• financial statements include all transartlon% assets and Ilabllities for whlch the charfty Is responsible in law. Ravarnet Communlty Network me•ts th• defin(tlon of a public benefit entity undef FRS I(Y2. 1.2 Fund accountlnt Unr•strlcted Income funds cornpriso those funds whlch the trustees are free to use for any purpose in furtherance of the tharitable objects. Unrestricted funds are primarily from the recelpt of donatlons from the local communlty. Restricted income funds ar• funds whlth are to be used in accDrdance with spedfic restrictlons lrnposed by the donor. Restrlcted Income funds are malnly from local counal authorities.