IRIS Accounts Production v23.4.0.336 NI653544 Board of Directors Board of Directors 1.7.22 30.6.23 30.6.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhNI6535442022-06-30NI6535442023-06-30NI6535442022-07-012023-06-30NI6535442021-06-30NI6535442021-07-012022-06-30NI6535442022-06-30NI653544ns15:NorthernIreland2022-07-012023-06-30NI653544ns14:PoundSterling2022-07-012023-06-30NI653544ns10:Director12022-07-012023-06-30NI653544ns10:Director22022-07-012023-06-30NI653544ns10:CompanyLimitedByGuarantee2022-07-012023-06-30NI653544ns10:SmallEntities2022-07-012023-06-30NI653544ns10:AuditExemptWithAccountantsReport2022-07-012023-06-30NI653544ns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-30NI653544ns10:SmallCompaniesRegimeForAccounts2022-07-012023-06-30NI653544ns10:FullAccounts2022-07-012023-06-30NI653544ns10:Director32022-07-012023-06-30NI653544ns10:RegisteredOffice2022-07-012023-06-30NI653544ns5:CurrentFinancialInstruments2023-06-30NI653544ns5:CurrentFinancialInstruments2022-06-30NI653544ns5:Non-currentFinancialInstruments2023-06-30NI653544ns5:Non-currentFinancialInstruments2022-06-30NI653544ns5:RetainedEarningsAccumulatedLosses2023-06-30NI653544ns5:RetainedEarningsAccumulatedLosses2022-06-30NI653544ns5:LandBuildings2022-07-012023-06-30NI653544ns5:PlantMachinery2022-07-012023-06-30NI653544ns5:LandBuildings2022-06-30NI653544ns5:FurnitureFittings2022-06-30NI653544ns5:FurnitureFittings2022-07-012023-06-30NI653544ns5:LandBuildings2023-06-30NI653544ns5:FurnitureFittings2023-06-30NI653544ns5:LandBuildings2022-06-30NI653544ns5:FurnitureFittings2022-06-30NI653544ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-30NI653544ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-30
REGISTERED NUMBER: NI653544 (Northern Ireland)











Greater Rathfriland Community
Development Forum Ltd

Unaudited Financial Statements

for the Year Ended 30 June 2023






Greater Rathfriland Community
Development Forum Ltd (Registered number: NI653544)

Contents of the Financial Statements
for the Year Ended 30 June 2023










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


Greater Rathfriland Community
Development Forum Ltd

Company Information
for the Year Ended 30 June 2023







DIRECTORS: R A Brashaw
N Magennis
J Smyth





REGISTERED OFFICE: 10 John Street
Rathfriland
Armagh
BT34 5PT





REGISTERED NUMBER: NI653544 (Northern Ireland)





ACCOUNTANTS: S.M. Vint & Company
Chartered Certified Accountants
8 Newry Road
Banbridge
Co. Down
BT32 3HN

Greater Rathfriland Community
Development Forum Ltd

Report of the Accountants to the Directors of
Greater Rathfriland Community
Development Forum Ltd


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2023 set out on pages four to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






S.M. Vint & Company
Chartered Certified Accountants
8 Newry Road
Banbridge
Co. Down
BT32 3HN


Date: .............................................

Greater Rathfriland Community
Development Forum Ltd (Registered number: NI653544)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 276,910 290,515

CURRENT ASSETS
Debtors 5 72 2,544
Cash at bank 10,399 8,634
10,471 11,178
CREDITORS
Amounts falling due within one year 6 3,173 2,330
NET CURRENT ASSETS 7,298 8,848
TOTAL ASSETS LESS CURRENT
LIABILITIES

284,208

299,363

CREDITORS
Amounts falling due after more than
one year

7

258,884

271,816
NET ASSETS 25,324 27,547

RESERVES
Income and expenditure account 25,324 27,547
25,324 27,547

Greater Rathfriland Community
Development Forum Ltd (Registered number: NI653544)

Balance Sheet - continued
30 June 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 March 2024 and were signed on its behalf by:




R A Brashaw - Director



N Magennis - Director


Greater Rathfriland Community
Development Forum Ltd (Registered number: NI653544)

Notes to the Financial Statements
for the Year Ended 30 June 2023


1. STATUTORY INFORMATION

Greater Rathfriland Community Development Forum Ltd is a private company, limited by guarantee , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - Straight line over 30 years
Plant and machinery etc - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Greater Rathfriland Community
Development Forum Ltd (Registered number: NI653544)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 July 2022 295,887 30,750 326,637
Additions 2,491 - 2,491
At 30 June 2023 298,378 30,750 329,128
DEPRECIATION
At 1 July 2022 19,726 16,396 36,122
Charge for year 9,946 6,150 16,096
At 30 June 2023 29,672 22,546 52,218
NET BOOK VALUE
At 30 June 2023 268,706 8,204 276,910
At 30 June 2022 276,161 14,354 290,515

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 72 2,544

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,017 701
Taxation and social security 356 129
Other creditors 1,800 1,500
3,173 2,330

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Other creditors 258,884 271,816