AUSOME KIDS FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
AUSOME KIDS CONTENTS PAGE Trustees Stat¢m¢nt of Financial Activities Balance Sheet Notes to th¢ Financial Statements
AUSOME KIDS TRUSTEES Pamcla B&xter Olga Kelly Jade Kclly Valerie Morrow ACCOUNTANTS McKinney Dawson 28 Union Street Cookstoi Co Tvrone BT80 8NN BANKERS Ulster Bank Limit 20 William Street Cookstown Co Tyrone BT80 8ND
AUSOME KIDS STATEMENT OF FINANcL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 Unrestrictsd Funds Restricted Funds Total Funds 31.03.24 Total Funds 31.03.23 Receipts Donations and Grants Charitable Activities 10,096 1,835 10,096 11,337 Total Receipts 11,931 11,931 11,337 Expended Resources Payments Cost of objectives AdMintration 10,369 240 10,369 240 8,982 340 Total Expended 10,609 10.609 9,322 Excess (Deficit) of Receipts and Payments 1.322 1,322 2,015 Total Funds Brought Forward (93) (93) (2,108) Total Funds Carried Forward 1.229 1,229 (93)
AUSOME KIDS STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2024 Note 2024 2024 2023 2023 FIXED ASSETS Tangible Assets CURRENT ASSETS Bank and Cash balances (2) 1.579 577 CURRENT LIABILITIES Creditors duc in one year (3) 350 670 Net Current Assets/(Liabilitics) 1,229 (93) 1,229 (93) CAPITAL AND RESERVES Opening Balance Surplus for year {93) 1,322 (2,108) 2,015 (4) 1.229 (93) We approve these accounts and confimi that we have made available all relevant records and inf0mtion for their preparation. Signed on behalf of the Trustees 23 August 2024 ThL notes on pagc 6 forni part of thcse accounts In accordance with the instructions given to us we have prepared: ThoUt carrying out an audit, the income and expenditure account and balance sheet of the Club from the r¢cords, inforn]ation and explanations supplied to us. McKinney Daivson 28 Union Street CookstoiTrn Co Tvronc BT80 8NN
AUSOME KIDS NOTES TO THE FINANCIAL STATEMENTS ACCOUNTING POLICIES The following accounting poh'cies have been used consistently in dealing with items ivhith are considered material in relation to the group's financial statcmcnts. (a) Basis of accounbng The fllwicial statements are prepared under the bistorical cost convention. (b) Fiyed assets Tangible fixed assets are stated at oriwal cost. (c) Depreciation The cost of fixed assets are written off over th¢ estinted useful jives of the assets at the following annual rates. Buildtng Equipment 4% 250/. Straight Line Reducll Balance (d) Capital Grants Grants received or receivable are deferred and relrdsed over the useful life of the &sset to wkn'ch they relate. CASH IN BANK AND ON HANDS 2024 2023 Ulster Bank Ltd Current Account Petts. Cash 1,550 29 548 29 1,579 577 CREDITORS DUE WITHIN ONE YEAR 2024 2023 Creditors ar Accrnals 350 670 350 670 CAPITAL AIYD RESERVES Unrestricted Funds 2024 2023 Opening Balance Surplus/(Deficit) for the peri(xl Balance as at 3 l March 2024 (93) 1,322 1,229 (2,108) 2.015 (93)