Carnlough Womens Institute
Charity No : 107960
Financial Statements
For the year ended 31 May 2024
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Carnlough Womens Institute
Contents Independent examiner’s report Income and expenditure account Balance sheet
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Carnlough Womens Institute
Independent examiner’s report to the charity trustees of Carnlough Womens
Institute
I report on the accounts of the charity for the year ended 31 May 2024, which are set out on pages 4 to 5.
Respective responsibilities of charity trustees and examiner
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008.
It is my responsibility to:
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Examine the accounts under section 65 of the Charities Act
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Follow the procedures laid down in the general Directions given by the Commission under section65(9)(b) of the Charities Act
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State whether particular items have come to my attention
Basis of independent examiner’s report
I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act.
My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
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That accounting records were not kept in accordance with section 63 of the Charities Act
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That the accounts do not accord with those accounting records
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That the accounts do not comply with the accounting requirements of the Charities Act
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That there is further information needed for a proper understanding of the accounts to be reached
Independent examiner’s statement
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.
Rosaleen O’Neill LLB FCA CTA
Chartered Accountants of England and Wales.
29 August 2024
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Carnlough Womens Institute
Income and Expenditure for year ended 31 May 2024
| INCOME | £ | EXPENSES | £ |
|---|---|---|---|
| Membership fee income | 920.00 | Hire of Hall | (170.00) |
| Vintage Day | 2,246.00 | Speaker Expenses | (165.00) |
| WI Sale | Travel | (41.30) | |
| Material Sales | 54.00 | Membership costs to HQ |
(460.00) |
| Magazines/Quizes | 167.00 | Magazines/Diaries/ programmes |
(132.40) |
| Tickets/Books/Raffles | 73.00 | Federation Fund | (50.00) |
| Slemish Area WI | 150.00 | ACWW | (1,000.00) |
| Diaries | 29.30 | Red BayLifeboat | (1,000.00) |
| Quizes | 10.00 | Gifts | (20.00) |
| Christmas Sale | 740.00 | Slemish Reps | (15.00) |
| May Day Sale | 112.50 | Quizes/Printing | (60.00) |
| Slemish Area 1 Day School |
66.00 | Slemish Area 1 Day School |
(66.00) |
| Donation | 20.00 | Bank Charges | (68.35) |
| SecretaryExpenses | (46.50) | ||
| National Lottery Community Fund for Dropin Centre |
7,765.00 | ||
| Drop in Centre Door/Other Monies |
1,871.60 | Costs of Drop in Centre |
(5,290.74) |
| TOTAL INCOME | £14,224.40 | TOTAL EXPENSES | (8,585.29) |
TOTAL PROFIT for the year is £5,639.11, of which PROFIT related to Drop in Centre is £4,345.86
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Carnlough Womens Institute
Balance Sheet As at 31 May 2024
Fixed assets £ £ Fixtures and fittings - Current assets Cash at bank 8.680.39 Cash in hand -------8.680.39 Current Liabilities Other creditors and accruals (238.00) ----------------- Excess of current assets over current liabilities 8,442,39 ---------- Total assets less current liabilities 8,442.39 ---------- Net assets 8,442.39 ======= Retained Reserves Profit and Loss account at beginning of year 2,803.28 Add excess of income over expenditure/ (Deduct Expenditure over income) 5,639.11 ----------- Capital Employed 8,442.39
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