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2025-03-31-accounts

HARRYVILLE MEN'S SHED CHARITY COMMISSION NI NO. 108222 TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

Note
RECEIPTS
Donations & Legacies
Donations
Income from Charitable Activities
Department for Communities
Clanmil Housing Association
Groundwork Northern Ireland
Moy Park
Brookville Enterprises
National Lottery Awards for All
Leafair - delivery of training
Gallaher Trust
Radius Housing
MEABC
Refunds
Slemish in the Braid Credit Union Donation
Triangle Christmas Fair
Other Income
Giro Credits
Trustee Reimbursement
Choice Housing Happy Clays
Other Trading Activities
Fundraising raffles
Total
PAYMENTS
Expenditure on Charitable Activities
Rent & Electric
Bank Charges
Wages & Other Staff Costs
Internet & ICT Costs
Insurance
Materials Purchased
Repairs & Maintenance
Event & Programme Costs
Transport
Equipment
Other Purchases
Room Hire
Christmas Dinner
Other Governance Costs
Accountancy Fees
Total
Net Receipts/payments
Transfer to/from funds
Surplus/deficit for the year
Unrestricted
£
Restricted
£
Total Funds
2025
£
Total Funds
2024
£
4,887
15,000
19,887
0
12,367
12,367
15,185
0
295
0
1,719
0
1,000
0
185
3,635
3,635
0
0
200
14,958
14,958
18,510
0
2,039
0
190
0
29
0
528
11,130
11,130
0
11,840
11,840
0
0
1,261
0
547
1,600
1,600
7,595
787
787
0
17,514
58,690
76,205
49,284
10,219
10,219
9,989
117
117
169
370
14,146
14,516
12,764
512
93
605
545
617
617
544
11,332
5,539
16,871
7,307
748
1,287
2,035
373
1,385
4,963
6,348
0
2,456
81
2,537
800
3,163
4,575
7,738
6,092
3,835
3,835
2,719
82
340
422
1,576
795
795
874
345
345
0
250
250
250
20,760
46,490
67,249
44,002
-3,246
12,201
8,955
5,281
-3,246
12,201
8,955
5,281

Page 1

HARRYVILLE MEN'S SHED CHARITY COMMISSION NI NO. 108222 TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

Funds Reconciliation
Total Funds brought forward 01.04.24
Surplus/deficit this year end
Total Funds carried forward 31.03.25
Bank and Cash Balances
Bank Current Accounts
Other Assets (Unrestricted Fund)
Liabilities (Unrestricted Fund)
TOTAL NET ASSETS
Unrestricted
Restricted
Total
2025
Total
2024
£
£
£
£
2,564
3,489
6,052
6,052
-3,246
12,201
8,955
0
Unrestricted
Restricted
Total
2025
Total
2024
£
£
£
£
2,564
3,489
6,052
6,052
-3,246
12,201
8,955
0
-682
15,689
15,007
6,052
15,007
6,052
15,007
6,052

These accounts were approved by the Trustees and signed on their behalf by:

TRUSTEE
TRUSTEE
D McMeekin
C Gilmore
9/1/26
DATE
9/1/26
DATE

Page 2

HARRYVILLE MEN'S SHED CHARITY COMMISSION NI NO. 108222 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025

1 Accounting policies

Basis of preparation and accounting convention

The Accounts have been prepared on the receipts and payments basis, under the historical cost convention, and in accordance with The Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 which are applicable to the financial years of registered charities beginning on or after 1 January 2016 or their date of registration with The Charity Commission for Northern Ireland.

Going Concern

The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the Trustees, after reviewing financial forecasts for future periods, are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters the Trustees are not aware of any material uncertainties about the charity's ability to continue as a going concern.

Fund Accounting

Unrestricted funds are available for use at the discretion of the Trustees in furtherlance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donar or through the terms of an appeal or as implied by law.

Liability to taxation

The Trustees consider that the charity satisfies the tests set out in Paragragh 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received.

Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

2 Analysis of Expenditure on Charitable Activities

Rent & Electric
Bank Charges
Insurance
Internet & ICT Costs
Accountancy fees
Department for Communities
Unrestricted Funds
Total FundsTotal Funds
10,219
10,219
9,989
0
159
617
617
544
0
545
0
250
Restricted Funds
0
10,836
10,836
11,488

Page 3