Concerned Residonts of Upper Ardoyne Flnancial Statements For the year ended 31 March 2024
Concerned RIdents of Upper Ardoyn• Flnanclal Statemont8 For the year ended 31 March 2024 Serving Committee and Advisors Management Committea's Report A¢countarfs Report Income & Expenditure Account Balance Sheet Notes to the Finala1 Ststements 8-11 Appendix Profft & Loss vr Accounts 12 Appendix Balance Sheet vr Accounts 13
Concerned RosKl•nts of Upper Ardoyne Sorving Committeo and Adv orn For the year end•d 31 March 2024 Chalrnmn George McHenry Ronnie Blad< Secretary Treasurer Harvey Quinn Address for Corrnspondenco Jolly Roger Complex 85 Ailiance Road Belfast BT14 7JE Accountant Vlvlen David80n 65 Camaghllss Road Nutts Cornor Co Antrfm BT29 4TT 8ank•rn Ulster Bank Ltd Shankill Road Belfast BT13 1FH 3of 11
Concerned Rosldents of Upper Ardoyno Management Commltt•e's R•port For the year onded 31 March 2024 The Management Conynittee FKesents ib repjt and financial statements for the year ended 31 March 2024 Statsmont of Committw Members, Re8ponslbllltles Organisation law requires the Management Committee to prepare financtal statements for each financial year which give a tnje and fair view of the state of affairs of the organisation and of the income and expenditure of the organisation for that period. In preparing those financial statements, the f¥lanagement Committee is requlred to: 1. Select suitsble accounting Kx)licies and them consistenty 2. Make judgements and estimates that are reasonable and prudent and 3. Prepare the financial statements on the going concem ba&s unless it is inappropriate to assume that the organisation will continue The Management Committee is responsible for keeping proper ae£ounting records which disclose with reasonable accuracy at any time the financial position of the organisation and to enable them to ensure that the Financial statsrrts compty with the Companies Act 2006. 11 Is also responsible for safeguarding the assets of organisation and hence for tsking reasonable steps for the prevention and detection of fraud and other Kregularities. Changes In flxed assets The changes in fixed assets are as recorded in Nots 3 to the accounts. Accountants The Management Committee has appointed Vivien Davidson as the organisation's accountant in the intwim period due to the previous accountant Anne Thompson retirement. The same template has been retained in order to mlnimlse confvsion for reporting to management. Ronnle Black ISecr•tary)
Concerned Resldents of Upper Ardoyne Accountant's Report To the committ8e of Concerned Residenls of Upper Ardoyne I have examined the financial statements on pages 6-11. Respectlv8 responslbllllies of managemenl commlttee members and accountsnt As dascribed on paga 3, the Management Committee is responsible for the preparation of financial statements. 11 is my responsibility to lorm an iTrdependent opinion, based on examination, on those statements, and to report to you. Opinion In my opinion, the accounts prepared from the infomiation and explanations provided give a true and fair view of the state of affairs of the organisation on 31 March 2024 and of its Income and Expenditure Account for Ihe year then ended, and have been properly prepared. Vivlen Davldson Date
Concerned Resldents of Upper Ardoyne Income and Expenditur• Account For tho year ended 31 March 2024 2024 2023 INCOME: Grants Received 44.053 38,624 EXPENDrruRE.. Administratlon & Management Expenses 44,281 38,571 DEFICIT/PROFIT FOR THE YEAR All Income dereS from continuing activities, therefore no ststerne of recognised galns or losses is giv8n
Concerned R•sldents of Upper Ardoyne Balance Shoot As at 31 March 2024 2024 2023 FIXED ASSErs Computer equipment CURRENT ASSErs Prepayments Bank balance 4,914 4.695 4,932 CURRENT UABILITIES Accrued expenses (496) (496) NET CURRENT ASSETSIUABIUTIES 4.199 4,427 TOTAL NET ASSETS 4.199 4,427 REPRESENTED BY: Unrestrlctod Funds Balance blf Income for year 4,428 44.053 4.375 38.624 Expenditure for year 48,481 44,282 42,999 38,571 Balance clf 4.199 4.428 We 8pprove these accounts and confirm that we have made availabl8 all relevant records and information for their preparation. Signed on tseha of the Committee Date
Concèrned Rosidents of Upper Arfoyne Notes to the Flnancial Statements AS at 31 March 2024 1. ACCOUNTING POLICIES The following accounting poIleS have been applied consistenty in dealing with items in the organisation's financial statements. Ba818 of aecountlng The &counts are prepared under Ihe histori(al cost convention as modlfied by the revaluation of certain ed assets, and indude the result of the organisation's 0ratIOnS, all of which are ongoing Tangible fixed assets and depreclatlon Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less any estimated residual value, over their expected useful lives on the following basis: Office equipment. 25% redUCing&lan basis Turnover This reflects revenue grants rec£ived and receivable Value added tsx Value added tsx is not recoverable by the organisation, and thefOre is included in the relthFnt costs in the Statement of Financial Actlvities 2. INCOME 2024 2023 Belfast Ci nts 5,850 5,850 NIIF 18ries 34,483 29.577 NBIN- Re bu 1.280 1,047 Belfast Clty Council- Meet the N'eighbours CFNI - Jubilee Fund 2.440 500 1,649 44,053 38,624 Concerned Residents of Upper Ardoyno
Notes to the Flnanclal Stst•ments As at 31 March 2024 3. FIXED ASSETS Equipment Computer Total COST As at 1 April 2? Additions during year As at 31 March 20?? DEPRECIA TION As at 1 April 20?? Charged for year As at 31 March 20?? NEf BOOK VALUE As at 31 March 2023 As at 1 April 2024 Organisation has no Current Assets. Concerned Resklents ol UpperArdoyne ¢9ofl
Not•s to the finan¢lal statements As at 31 March 2024 4. EXPENOITURE 2024 2023 Runnin Bank charges Depreciatiorbl released on disposals Insurance Office Cleaning Office Rent Software - Payroll Stationery & Consumables Telephone & Postage Volunteer Expenses (38) (36) (1,159) (1,094) (1,0) (1,700) (1,800) (1.800) (84) (537) (808) {675) (580) nln Ex ala Ex Salarles - Peace Walls InitiatfvellFI (34,463) {29.577) Sala Total ram Ex CFNI Jubilee Celebrations BCC - Meet the Neighbours Street Celebratlons Slaff training Facilitation Cost Covid 19 Expenses (2582) (2991) nses T ndEx ens BCC Underspend Retumed (500) {526) ers ndEx Total Toial Exp$63 144.282) {38,571) Con¢emed Resldents of Upper Ardoyne Not08 to the financtal statements
As at 31 March 2024 S. MOVEMENT IN FUNDS 2024 2023 Balanc8 blf Income for year 4,428 44,053 4,375 38,624 48.481 42,999 Expenditure for year 44,282 38.571 Balancè cll 4,199 4N28