**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: - examine the accounts under section 65 of the Charities Act, - to follow the procedures laid down in the general directions given by the Commission under section - 65(9)(b) of the Charities Act - 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: 1. That accounting records were not kept in accordance with section 63 of the Charities Act. 2. That the accounts do not accord with those accounting records. 3. That the accounts do not comply with the accounting requirements of the Charities Act. 4. 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. **----- Start of picture text -----**
|||| |---|---|---| |30 May 2025| |WHR Accountants Limited|Date|30th May 2025| |Chartered Certified Accountants| |56 English Street| |Armagh| |BT61 7LG| **----- End of picture text -----**
## **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**| |---|---| ## **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**| |---|---| > 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| |---|---| ## **Armagh Athletic Club** ## **Notes to the Accounts - Year Ended 31 August 2024** ## **PAYMENTS** ## **4. COST OF CHARITABLE ACTIVITIES** |**PAYMENTS**
**4. COST OF CHARITABLE ACTIVITIES**||||||| |---|---|---|---|---|---|---| ||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| ||-|-||-|-|-| ## **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| |---|---| ## **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| |---|---|