Amiagh Athletic aub Statement of Receipts and Payments- 015eptember 2022 to 31 August 2023 Total Z023 Note Unrestricted Funds Re#rfcted Fund5 Endovment Funds Tot?1 2022 Receipts Voluntjry Recetpts." Donation5 & Gitr, Atd Fundraising Bank Interest 1,577 s.000 1,577 From Charitable Activities.- Membership Fees Activitie5 & Grants 5.003 67,891 376 lJ78 67,891 74A7Z" 6.754 Tota5 Receipts 74.472 Payments Cost of Fundraising Cost ol Charitable Activities GraiLS and Donations Governance Co%t 71,285 t197 71,285 71,285 497 Total Payments 71.285 3,186 6.2S8 Net Receipts } Payments Transfer5 net 3.186 6.258 Net movement in funds 3.186 3.186 18.028 Funds brought forward 08 June 24,286 24.28F Deduct non cashlbank Felated Endowment Funcls Fu#ds carried forward 31 August 27.472 27,472 24.286
Armagh Athletic Club Statement of Assets and Liabilities- Period Ended 31 August 2023 Unrestrirted Funds Restritted FiiTrds Endowment Funds Totsl 2023 Total 3.022 Note Fund5 Recortci5iation èank and cash at start of year 24,286 24,286 18,028 Npt movement in funds 3,186 3.186 6,258 Bank & cash at end of year 27.472 27,472 24.286 Bank & Cash Balances Bank Deposits Accounts Bank Current Account C8sh on Hand 27,472 27.472 24,286 Total 27.472 27.472 24,286 Approved by the trustees on 1)310612024 and signed on its behalf by". Truste Trust Date.. 0310612024 Date.. 0310612024
Armagh Athletic Club Notes to the Accounts- Period Ended 31 August 2023 ACCOUNTING POLICIES BASIS OF FINANCIAL sfATEMENTS As the tot31 income of the Cl¥Jb is less th3n £250.c the Llub have elected in a¢cOrc$an wsth the provisions in The Charitie5 IAccounts r,d Report5 Regulations (Northern If:13ndl 2015 1) prepare its a¢¢ounts on a receipts Jnd payments b35iS. FUNDACCOUNTING Endtwrnent funds are funds. the c8Pital of which must be retained either pemianently or at the Clubs discTetion- the incorne derived from ihe endoviment is to be used either as restricted 01 unrestricted income depending upon the purpose forwhich the endowmeni was established in the first place. Restricted fL£nds comprise lal income from endowments which is to be expended only on the restrtcted purposes intended by the donor 3nd Ibl revenue donations or grants f¢r 2 specific C5ub activity intended by the dortor. Where these fijnds have unspent balances, interest on their pooled investment is apporboned to the individual fiFnds on an average balance ba5. Unrestricted funds are income funds which are to be spent on the aubs general puip05es. Oesignated fund5 a Eef)eral fund5 set aside by the Club for use in the future. RECEIPTS 2. DONATIONS & GIFT AID Unrestrirted Funds Restricted Funds Endowment Fukds Total 2023 Total 2022 1,577 5.000 Doriations & gifts Gift Aid 1.577 1,577 1,577 3. CHARITABLE ACtIVlTIE5 Unrestricted Funds Restricted Funds Endolvment Funds Tot31 2023 Total 2022 27,354 24,361 16,176 1.278 loo Race entry fees Sponsorship Gr2nt5 27.354 24.361 16.176 67,891 67,891 L378
Armagh Athletic Club Notes to the Accounts - Period Ended 31 August 2023 PAYMENTS ¢1. COST OF CHARITABLE ACTIVITIES Uftrestricted Funds Restricted Funds Endowment Funds Totrl 2023 Total 2022 Hire of Pipers Club for meetings Bar< charEe5 Klubfunder Fees McElmeel Cup CC Flaces'22 Flagstaff Mountain Race'23 Arrnagh 10-Ilile 9oad Ra¢e '22 Armagh 10-MIlE Road Race '23 Ipreparationsl Juvenile Relay Championships entries Arm3gh InternatlOn31 Road Race5 2023 r%nnual Cluè Chpstr)as Dir.ner Athpetics Nl Reg. Fee5 and C'.ib Affiliation Fee P31'ment DI Shettleston Harriers, grant to Armagh AC Sc Cost of presents to FSGT hosts in PaT¥S Sl. Gullion Viount3in Race'23 Defibrillator Pufchase C05t of Club ALvards (Trophiesl C05t cf Club aevert sigr¥s at Mary Petefs Track 270 292 240 1,219 778 5.629 316 148 56.270 1,504 1,920 270 292 240 1,219 778 5.629 316 148 56.270 1.504 1,920 500 33 436 1.225. 350 L56 32 60 345 60 33 436 1,225 350 156 71,285 71.285 497 5. GRANTS & DONATIONS Unre51ticted Funits Restricted Fund5 Endowment Funds Total 2023 Donations 6. GOVERNANCE COSTS Uniestricted Funds Resttiaed Funds Endowment Funds Totdl 2023
Armagh Athletic Club Notes to the Accounts- Period Ended 31 August 2023 7. FUND BALANCE5 Balance at start Receipts Payments Surplus1 (Deficit) Transfers nett Balance at end Unrestricted Funds General 24.286 74,472 71,285 3.186 27,472 24.286 74,472 71,285 3.186 27,472 Restrirted Funds Restricted Total Funds 24.286 74,472 71,285 3,186 27,472