Charity No: NIC 108617
Armagh Athletic Club
Trustee Report and
Receipts and Payments Account for the Year Ended 31 August 2024
Armagh Athletic Club
Independent Examiner’s Report to the Charity Trustees of Armagh Athletic Club
I report on the accounts of the Charity for the year ended 31 August 2024.
Respective responsibilities of charity trustees and examiner:
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008.
It is my responsibility to:
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examine the accounts under section 65 of the Charities Act,
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to follow the procedures laid down in the general directions given by the Commission under section
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65(9)(b) of the Charities Act
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to state whether particular matters have come to my attention.
Basis of independent examiner’s report:
I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act.
My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
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That accounting records were not kept in accordance with section 63 of the Charities Act.
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That the accounts do not accord with those accounting records.
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That the accounts do not comply with the accounting requirements of the Charities Act.
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That there is further information needed for a proper understanding of the accounts to be reached.
Independent examiner’s statement
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.
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|30 May 2025|
|WHR Accountants Limited|Date|30th May 2025|
|Chartered Certified Accountants|
|56 English Street|
|Armagh|
|BT61 7LG|
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Armagh Athletic Club
Statement of Receipts and Payments - Year Ended 31 August 2024
| Note Receipts Voluntary Receipts: Donations & Gift Aid 2 Fundraising Bank Interest From Charitable Activities: Membership Fees Activities & Grants 3 Total Receipts Payments Cost of Fundraising Cost of Charitable Activities 4 Grants and Donations 5 Governance Cost 6 Total Payments Net Receipts / Payments Transfers net Net movement in funds Funds brought forward 01 September Deduct non cash/bank related Endowment Funds Funds carried forward 31 August 7 |
Unrestricted Restricted Endowment Total Total Funds Funds Funds 2024 2023 £ £ £ £ 5,148 - - 5,148 1,577 - - - - - - - - - - 10,392 - - 10,392 5,003 64,747 10,338 - 75,085 67,891 - - - - - 80,287 10,338 - 90,625 74,471 - - - - - 72,934 11,799 - 84,733 68,647 - - - - - 6,403 - - 6,403 2,638 - - - - - 79,337 11,799 - 91,136 71,285 950 (1,461) - (511) 3,186 (1,461) 1,461 - - (511) - - (511) 3,186 27,472 - - 27,472 24,286 - - - - - 26,961 - - 26,961 27,472 |
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Armagh Athletic Club
Statement of Assets and Liabilities - Year Ended 31 August 2024
| Note Funds Reconciliation Bank and cash at start of year Net movement in funds Bank & cash at end of year Bank & Cash Balances Bank Deposits Accounts Bank Current Account Cash on Hand Total |
Unrestricted Restricted Endowment Total Total Funds Funds Funds 2024 2023 £ £ £ £ £ 27,472 - - 27,472 24,286 (511) - - (511) 3,186 26,961 - - 26,961 27,472 - - - - - 26,961 - - 26,961 27,472 - - - - - 26,961 - - 26,961 27,472 |
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Approved by the trustees on 19 June 2025 and signed on its behalf by:
James Vallely Fearghal Delaney Trustee Trustee Date:19 June 2025 Date:19 June 2025
Armagh Athletic Club
Notes to the Accounts - Year Ended 31 August 2024
1. ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
As the total income of the Club is less than £250,000 the Club have elected in accordance with the provisions in The Charities (Accounts and Reports Regulations (Northern Ireland) 2015 to prepare its accounts on a receipts and payments basis.
FUND ACCOUNTING
Endowment funds are funds, the capital of which must be retained either permanently or at the Clubs discretion; the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place.
Restricted funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (b) revenue donations or grants for a specific Club activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis.
Unrestricted funds are income funds which are to be spent on the Clubs general purposes.
Designated funds are general funds set aside by the Club for use in the future.
RECEIPTS
2. DONATIONS & GIFT AID
| Donations & gifts Gift Aid 3. ACTIVITIES & GRANTS Race entry fees Sponsorship Grants |
Unrestricted Restricted Endowment Total Total Funds Funds Funds 2024 2023 £ £ £ £ £ 5,148 - - 5,148 1,577 - - - - - 5,148 - - 5,148 1,577 Unrestricted Restricted Endowment Total Total Funds Funds Funds 2024 2023 £ £ £ £ £ 31,333 - - 31,333 27,354 31,914 - - 31,914 24,361 1,500 10,338 - 11,838 16,176 64,747 10,338 - 75,085 67,891 |
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Armagh Athletic Club
Notes to the Accounts - Year Ended 31 August 2024
PAYMENTS
4. COST OF CHARITABLE ACTIVITIES
| PAYMENTS 4. COST OF CHARITABLE ACTIVITIES |
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| Unrestricted | Restricted | Endowment | Total | Total | ||
| Funds | Funds | Funds | 2024 | 2023 | ||
| £ | £ | £ | £ | £ | ||
| McElmeel Cup CC Races | 2,871 | - | - | 2,871 | 1,219 | |
| Flagstaff Mountain Race | 486 | - | - | 486 | 778 | |
| Armagh 10-Mile Road Race | 8,478 | - | - | 8,478 | 5,629 | |
| Armagh 10-Mile Road Race (Preparations) | - | - | - | - | 316 | |
| Relay Entry Fees | 52 | - | - | 52 | 148 | |
| Armagh International Road Races | 55,802 | 11,107 | - | 66,908 | 56,270 | |
| Shettleston Harriers' grant to Armagh AC Scally Relays pa | - | - | - | - | 500 | |
| Sl. Gullion Mountain Race | 420 | - | - | 420 | 436 | |
| Cost of Club Awards (Trophies) | 64 | - | - | 64 | 350 | |
| Klubfunder Fees | 240 | - | - | 240 | 240 | |
| Hire of Armagh Harps Hall for juvenile training | 1,320 | - | - | 1,320 | - | |
| Coaching Course Fees | 490 | - | - | 490 | - | |
| Travel Expenses | 625 | - | - | 625 | - | |
| FSGT hosts in Paris | 40 | - | - | 40 | 33 | |
| Annual Club Christmas Dinner | 2,046 | - | - | 2,046 | 1,504 | |
| Defibrillator Purchase | - | - | - | - | 1,225 | |
| Race Entry Payment Fee | 692 | 692 | - | |||
| 72,934 | 11,799 | - | 84,733 | 68,647 | ||
| 5. GRANTS & DONATIONS Donations Grants |
Unrestricted Funds £ - - - |
Restricted Funds £ - - - |
Endowment Funds £ |
Total 2024 £ - - - - - - |
Total 2023 |
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| - | - | - | - | - |
Armagh Athletic Club
Notes to the Accounts - Year Ended 31 August 2024
6. GOVERNANCE COSTS
| Athletics NI Reg. Fees and Club Affiliation Fee Hire of Pipers Club for meetings Cost of Club advert signs at Mary Peters Track Computer and Stationery Bank charges |
Unrestricted Restricted Endowment Total Total Funds Funds Funds 2024 2023 £ £ £ £ 5,666 - - 5,666 1,920 - - - - 270 - - - - 156 371 - - 371 - 366 - - 366 292 - - - - 6,403 - - 6,403 2,638 |
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7. FUND BALANCES
| Unrestricted Funds General Restricted Funds ABC Council Grant Total Funds |
Balance Receipts Payments Surplus/ Transfers Balance at start (Deficit) net at end £ £ £ £ £ £ 27,472 80,287 79,337 950 (1,461) 26,961 27,472 80,287 79,337 950 (1,461) 26,961 - 10,338 11,799 (1,461) 1,461 - - 10,338 11,799 (1,461) 1,461 - 27,472 90,625 91,136 (511) - 26,961 |
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