Warrenpoint Men's Shed Annual Report and Unaudltsd Financlal Ststements for the financlal year ended 31 December 2023
Warrenpoint Men's Shed CONTENTS Page References and administrative infonnation Trustees, report Independent Examinerfs report to the Trustees Receipts and Payments account Notes to the Financial Statements
Warrenpoint Men's Shed REFERENCE AND ADMINISTRATION INFORMATION Trustees Dominic McAvoy (Chair) Patsy Curran (Vice Chair) Eamon Mcmanus (Secretary) Henry Keenan (Treasurer) Joe McGinley Dermott Traynor Chris Keegan Glenn Donaldson Joe Mccumiskey Fionbharr Ryan Idres Jaafar Chairperson Dominic McAvoy Charity Reglstration Number NIC108805 Principal Address 17a Duke Street Warrenpoint Co Down B T34 3JY Independent Examiner Connor Sweeney FCA Chartered Accountant 12 Moygannon Road Warrenpoint Co Down BT34 3QJ Banker8 Warrenpoint, Burren & Rostrevor Credit Union 1 The Square Warrenpoint Co Down BT34 3LY
Warrenpolnt Men's Shed FINANCIAL STATEMENTS for the year ended 31 DecembeT 2023 Unrestricted Restricted Funds Funds 2023 2023 Total Funds 2023 Total Funds 2022 Receipts Donations & Legacies Donations Grant Income Charitable Activlties Income from charitable activities Membership 550.00 550.00 60.00 10,833.00 1,388.13 420.00 1,388.13 1,559.79 420.00 325.00 TOTAL INCOME 2,358.13 2,358.13 12,777.79 Payments Charitable Activlties Expenditure on charitable activities 313.30 6,265.02 6,578.32 4,616.02 Net receipts (payments) for the financial year Balances brought forward 1 January 2023 Balances carried forward 31 December 2023 (4,220.19) 14,220.19) 8,161.77 2,399.63 9,016.66 11,416.29 3,254.52 4,444.46 2,751.64 7,196.10 11,416.29 Cash funds Bank and pety cash 4,444.46 2,751.64 7,196.10 11,416.29 Approved by the Board of Trustees and authorised for issue on21 behalf by and signed on its Dominic M Chairperson Henry enan Treasurer
Warrenpoint Men's Shed NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2023 1.RESTRICTED FUNDS Restricted funds represent income which can only be used for particular purposes, so specified by the donors. Such purposes are wrthin the overall objectives of the charity. 2.UNRESTRICTED FUNDS Unrestricted funds repsent amounts which are expendable at the direction of the board in furtherance of the objectives of the charty. 3.RELATED PARTY TRANSACTIONS No trustee received remuneration or reimbursement of expenses during the financial year. There were no related party transactions during the year. 4.GRANT INCOME Restrided Unrestricted Totsl 2023 Totsl 2022 Co Down Rural Community Network WaThenpoint Harbour Authority Awards For All Total 133.30 818.70 9,881,00 10.833.00
Warrenpoint Men's Shed The following are for WMS infoTmatlon only and will not form part of the final accounts. 2023 2022 Income Subscriptions and membership Grant income Donations Sales of goods Contribution to events Clothing Miscellaneous Income 420.00 0.00 550.00 1,170.00 0.00 140.00 78.13 325.00 10,833.00 60.00 1,491.17 50.00 18.62 Total income 2,358.13 12,777.79 Expenditure Insurance Materials Tools and equipment Buildings maintenance Heat, Light & Power Courses Trips and outings Clothing Miscellaneous 552.43 979.72 1,732.60 738,66 643.26 620.00 566.55 695.10 50.00 450.87 1,405.31 1,084.21 299.74 583.30 200.00 539.29 0.00 53.30 6,578.32 4,616.02 Surplusl(deficit) for the year {4,220.19) 8,161.77
Warrenpoint Men's Shed ststement of assets and liabilities as at 31 December 2023 2023 2022 Funds Reconciliation Surplus l{defiCit) brought forward Surplusl(defFCit) year ended 31.12.2023 11,416.29 {4,220.19) 7,196.10 3,254.52 8,161.77 11,416.29 Bank and cash balances WBR Credit Union Pety cash 7,196.10 0.00 11,416.29 0.00 7,196.10 11,416.29 Liabilities Total net assets 7,196.10 11,416.29 io