Concerned Resldents of Upper Ardoyne Financial Ststements For the year ended 31 March 2023 Page l of 11
Concerned Resldents of Upper Ardoyno Financial Ststements For the year ended 31 March 2023 Serving Committee and Advisors Management Committ8è's Report Accountanfs Report Income & Expenditure Account Balance Sheet Notes to the Financial Statements 8-11 Appendlx Profit & Loss vr Accounts 12 App8ndix Balance Sheet vr Accounts 13 Page2 of 11
Concerned Resldents of Upper Ardoyne Servlng Commlttee and Advlsors For the year onded 31 March 2023 Chairnian George McHenry Secretary Ronnie Black Treasurer HaNey Qunn Addr088 for Correspondenc• Jolly Roger Complex 85 Allian Road Beast BT14 7JE Accountant Vivien Davldson 65 Carnaghllss Road Nutts Comar Co Antrlm BT29 4 8ankers Ulster Bank Ltd Shankill Road Belfast BT13 1FH Page3of 11
Concerned Rtsidents of Upper Ardoyne Management Commlttee's Report For tho year ended 31 March 2023 The Management Committee presents ts report and financial statements for the year ended 31 Marth 2023 Statement of Committoe Responslbllltles Organisation law requires the Management Committee to wepate financial statements for eath financial year which give a true and fair view of the state of affairs of the organisation and of the income and expendsture of the organisats'on for that period. In pparIng those financial statements. the Management Commtttee is required to. 1. Select suitable accounting policies and apply them consistently 2. Make judgements and estimates that are reasonable and prudent and 3. Prepare the financial ststements on the going concern basis unless it is inappropriale to assume that the organisation will continue The Management Committee is responsible for keeplng proper accounting record8 whlch disclose with reasonable accuracy at any time the financial positlon of the organisation and to enable them to ensure that the Financial Statements compty with the Companies Act 20(. It is also responsible for safeguarding assets of the organisation and henc* for tsking reasonable steps for the prevention and detection of fraud and other irregularities. Change8 In fixed 4880ts The changes In fixed assets are as recorded in Note 3 to the accounts. Accountants The Management Committee has appointed Vivien Davidson as the organisation's accountsnt in the interim period due to the previous accountsnt Anne Thompson retirement The same template has been retained in order to minimise confusion for reporting to management. eA Ronnie Black (Secretary) Date Page 4of 11
Concerned Resldents of Upper Ardoyno Accountant's Roport To the commlltee of c(Cerned Residents of Upper ArdDyne I have examlned the financial statements on pages &11. Ro8pgcdvo r•8pon8lbllitie8 of managemgnt commlttee Memrn and accountant As described on pag8 3. the Management Commrftee is respcwible for the preparation of financial statements. It my responslbilty to form an independent opinion. based on examlnation, on tlyxe statemenls. and to report to you. Oplnlon In my opinion. the accounts prepared from the informatlon and explanations provided gNe a tNe and fair vlew of the state of affalrs of the organlsation on 31 March 2023 and of ts Income and Expendlture Account for the year then ermled, and have been properly prepared. Vlvlen Davidson Page 5 ofll
Concerned Resldents of Upper Ardoyne Income and Expendlture Account For the year ended 31 March 2023 2022 INCOME: Grants Received 38,624 37,599 EXPENDrruRE: A(Iministration & Management EXpSeS 38,571 37.147 DEFicif/pROHTFOR THE YEAR 63 452 All income derives from ¢{1tinu1ng activilies, therefor8 no statement of recognised gains or losses is gDien Page 6of 11
Concerned Resldents of Upper Ardoyne Balance Sheot As at 31 March 2023 2023 2022 FIXED ASSETS Computsr equipment CURRENT ASSETS Prepayments Bank balance 4,914 4,862 4.923 4.871 CURRENT LIABILITIES Accrued &xp8ns8S (496) (496) NEf CURRENT ASSETSILIABILITIES 4A27 4.375 TOTAL NEf ASSETS 4.427 4,375 REPREsErED BY: Unrestricted Fund8 Balance blf Income for year 4,375 38,624 3,923 37.599 42,999 38,571 41,522 37.147 Expenditure for year Balance Glf 4,428 4,375 We approve these accounts and confinn that we have made available all relevant records and Information for their preparation. Signgd on behalf of the Committee Date Page 7 of 11
Concerned Resld•nts of Uppor Ardoyne Notes to the Flnanclal Statements A8 at 31 March 2023 1. ACCOUNTING POLICIES The following accounting policies have been applied consistently in dealing with items in the organisation's financial st*ments. Basls of accountlng The accounts are prepared under the historical cost convention as modified by the revalualion of certain red assets, and include the result of the organisats'on's operations. all of which a ongoing Tanglble fixed assets and depreclatknn Tangible fixed assets are stated at cost less deprectation. Depreciati)n is provided at rates calculated to write off the Gost or valualion of fad assets, less any estimated resKlual value, over their expected useful lives on the folknwing basis- Office equipment 25% reducing-balance basis Tumover This fleCts revenue grants received and re1¥able Value added tax Value added tsx is not recoverdble by the organisation. and therefore is Included in the relevant costs in the Statement of Financial Activities 2. INCOME 2023 2022 Beff8St C. Counal All Grants 5,850 5,850 NBINIIFI - Sa 29,577 29,577 NBIN - Revenue Reimbursed 1.047 912 Micro T3- Funding stream 1.260 Belfast Cty Council- Extra Funds 500 CFNI- Jubilee Fund 1,649 38,624 37,599 Page 8 of11
Concerned R8sldents of Upper Ardoyn8 Notes to the Flnanclal Statements AS at 31 March 2023 3. FIXED ASSETS Equipment Computer Office Total COST As at 1 April 2021 Addittons during year As at 31 Marth 2022 DEPRECIATION As at 1 April 2021 Charged for year As at 31 March 2022 NET BOOK VALUE As at 31 Marth 2022 As at 1 April 2021 Organisation has no Current Assets. Pa8e9of11
Con¢emed Resld•nts of Upper Ardoyne Nots8 to the financlal slatements As at 31 March 2023 4. EXPENDrruRE 2023 2022 Runnln Bank charges Deprecialionl released on disposals Insuran offi Cleaning Office Rent Repairs & Maintenance Stationery & Consumables Tèlephone & Postage Volunteer Expenses (36) (36) (1,094) (1,074) (1,700) (1,500) {1,800) (1,425) (675) (580) (401) (425) Runnln nses Total on8 Salaries - pea Walls IniliativerrEO (29,577) (29.577) 77 ram Ex en808 CFNI Jubilee Celebrations Micro T3 Funding Street Celebrations Staff training Facilitation Cost Covid 19 Expenses (2582) (450) (1,260) (1.000) ram Ex n888 Tota Undors ndEx nses BCC Underspend Returned (526) (29,577) Under8 end en8es Total 526 Total Expenses (38,571) (37,147) Pag¢ Ioof 11
Concemod Residents of Upper Ardoyne Notss to the finan¢lal statements AS at 31 March 2023 5. MOVEMENT IN FUNDS 2023 2022 Balanc8 blf Income for year 4.375 38.624 3.923 37.599 42,999 41,522 Expenditure for year 38,571 37.147 Balance CM 4,428 4,375 Page 11 of 11