AUSOME KtDS FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
AUSOME KIDS CONTENTS PAGE Trustees Statement of Financ1 Activities Balance Shect Notes to the Financial Statements
AUSOME KIDS CONTENTS PAGE Trustecs Statement of Financial Activities Balance Sheet Notes to the Financial Statem¢nts
AUSOME KtDS TRUSTEES Pamela B&xter Olga Kelly Jadc Kellv Valerie Morro ACCourANTs McKinney Dawson 28 Union Street Cookstown Co Tyrone BT80 8NN BANKERS Ulster Bank Limited 20 William Street Cookstolvn Co TTrTone BT80 8ND
AUSOME KIDS STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 202S Unrestricted Funds Restricted Funds Total Funds 31.03.25 Total Funds 31.03.24 Receipts Donations and Grants Charitable Activities (cl&8ses and courses) 7,920 1.619 7.920 I,619 10.096 1.835 Total Receipts 9.539 9.539 11,931 Expended Resources Payments Cost of objectives Administration 8.808 340 8.808 340 10,369 240 Total Expended 9,148 9,148 10,609 Excess (Deficit) of Receipts and Payments 391 391 1.322 Total Funds Brought Forward 1,229 1,229 {93) Total Funds Carried Forward 1,620 1,620 1.229
AUSOME KIDS STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2025 Note 2025 2025 2024 2024 FIXED ASSETS Tangible Assets CURREIYT ASSETS Bank and C&sh banCeS (2) 4,480 1,579 CURRENT LIABILITIES Creditors duc in onc yEar {3) 2,860 350 Net Current Assets/(Liabilities) 1,620 1,229 1,620 1,229 CAPITAL AND RESERVES Opening Balance sUlUs for Tr'ear 1,229 391 (93) 1,322 (4) 1,620 1,229 We approve these accounts and confirni that ive have made available all relevant records and inforn)ation for their preparation. Signed on behalf of the Trustees 15 August 2025 Th¢ notes on page 6 forni part of thesc accounts In accordance with the instructtons Ven to us we have prepare41 Mithout carrying out an audit, the income and expenditure account and balance shect of the Club from th¢ records. infonnation and explanatioDS supplied to us. McKinney Dawson 28 Union Street C(K)kstoiiT) Co Tyrone BT80 8NN
AUSOME KIDS NOTES TO THE FINANCIAL STATEMENTS ACCOUNTING POLICIES The following accounting pohcies have been used consistendy in dealing ith iterns which are CODsidered material in relation to the group's financial statements. (a) Basis of accounting The financd statcments arc prepared under the historical cost convention. (bl Fixed assets Tangible fLxed assets are stated at onnal cost. (c) Depreciation The cost of fixed assets are MTitten off over the estinmted useful lives of the assets at thc follo7ng annual rates. Building Equipment 401. 25% Straight Line Reducing Balance (d) Capital Grants Grants received or receivable are deferred and released oN'er the useful life of the asset to li.bich they relate. CASH IN BANK AND ON HANDS 202S 2024 Ulster Bank Ltd Current Account Pettv Cash 4.451 29 1,550 29 4.480 1,579 CREDITORS DUE WITHIN ONE YEAR 2025 2024 Crditors and Accruals 2.860 3iO 2.860 350 CAPITAL AND RESERVES Unrestricted Funds 2025 2024 Opening Balance Surplusl{Deficit) for the period Balance as at 31 March 2025 1,229 39l 1,620 (93) 1,322 1,229