E-sign ID.. c2161ebb-b07e-44cb-a109-be150f6d751b
Charity registratlon number: 100107
Inverbrena Community Association
Financial Statements
Year Ended 31 March 2023
KPS Chartered Accountants
Chartered Tax Advisers
Registered Auditors
35 Irish Street
Downpatrick
BT30 6BW

E-sign ID- C2f61ebb*07e-44C￿af09-bèf5OrExj7s1b
Inverbr8na Community Associatlon
Financial Statements
Year ended 31 March 2023
Contents
Page
Charity Reference and Administrative Details
Trustees, Annual Report
Independent examiner's report
Statement of Financial Activities
4-6
Balance Sheet
Notes to the Financial Statements
10-14

E-sign ID- c2f61ebb*07e-44cb-a109-b8f50f&J751b
Inverbrena Community Association
Charity Reference and Administrative Details
Year Ended 31 March 2023
Charity registration number
100170
Trustees (Management Committee)
Mr John Hanna (Chairperson)
Mr Liam King (Vice Chairperson)
Mr Jim Alexander (Treasurer)
Mrs Mary Kearney (Secretary)
Mrs Sally Hanna
Mr Eamon Quinn
Accountants
KPS Chartered Accountants
Chartered Tax Advisers
Registered Auditors
35 Irish Slreet
Downpatrick
BT30 6BW
Bankers
Danske Bank

E-slgn ID= e2161ebb-b07e-44cb-a109-bè150f6d7S1b
Inverbrena Community Associatlon
Year Ended 31 March 2023
Trustees, Annual Report
The Trustees present their annual report and the financial statements of the charity for the year
ended 31 March 2023. The trustees have adopted the provisions of the Statement of Recommended
Practice (SORP) "Accounting and Reporting by Charities. (FRS 102) in preparing the annual report
and financial statements of the charity.
Trustees of the charity
The trustees (Management Committee) who have served during the year and since the year end
were as follows..
Mr John Hanna {Chairperson}
Mr Liam King (Vice Chairperson)
Mr Jim Alexander (Treasurer}
Mrs Mary Kearney (Secretary)
Mr5 Sally Hanna
Mr Eamon Quinn
Objectives and activltles
To relieve poverty, sickness in the aged and to promote the benefit of the inhabitants of Strangford
and the district area of Co Down and its environs without distinction of age, sex, race, political,
religious or other opinion, by associating the statutory authorities, voluntary organisations and
inhabitants in a common effort to advance education, and to provide facilities in the interests of social
welfare for recreation and leisure time occupation, with the objective of improving the conditions of
life for said inhabitants.
We provide a cross-community hall with facilities to enable the provision of social services,
educational and recreational activities. We provide this on a non-profit basis run by unpaid
volunteers for the benefit of the public. Inverbrena Community Association has been set up to
manage a village hall located in Strangford village.
The Trustees of the Diocese of Strangford and Kilclief provided the trustees of the Inverbrena
Community Association wilh a fifty-year lease at a peppercorn rent. The hall 15 managed by a
committee of local people who come from the local area. This committee oversee the daily running
ofthe hall, providing maintenance and cleaning on a non-payment basis. The hall is used by children,
young people, adults and older people who come mainly from the local area. The hall is open seven
days 2 week and is used by many sporting groups as well a5 local schools and voluntary groups
who use the hall to deliver many activities attfacting children, young people, adults and older people.
Our funding is provided by donations: organisation of fundraising events, charging for use of the hall
and the organisation of a monthly draw. We also receive a small maintenance grant from Down
District Council which allows us to keep our fees at a level our users can afford.
Public benefit statement
The charity has given careful consideration to the Charity Commission for Northern Ireland's
guidance on public benefit to ensure that the activities entered into during the year have helped to
achieve the charity's objectives and activities as well as providing public benefit.

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Inverbrena Community Assoclatlon
Year Ended 31 March 2023
Trustees. Annual Report
Achievements and performance
The Trustees of the Inverbrena Community Association report another successful year. The centre
continues wilh monthly meetings with minutes taken, agreed and signed. At the Annual General
Meeting in February officers were elected and financial reports made public and it was pleasing to
see some new faces join the management commtttee. The centre continues to develop a variety of
educational and social activities. Unfortunately, the Youth Club has not restarted due to the
retirement of the qualified youth leader. Efforts to restart youth activities have failed. The Education
Authority state that this is a concern in towns & villages in the Lecale area and further meetings are
planned by the Authority to try to address the issue. The centre continues to provide facilities for
other youth groups such as soccer and gaelic football training.
The refurbishment work grant aided by the Department of Agriculture, under the Rural Halls
Refurbishment Grant Scheme is now completed with the kitchen, toilets and the heating system all
upgraded and the forty new chairs improved the comfort of our users.
Finances are in a healthy state and we are still able to provide free use of the centre to certain groups
who suffered financially as a result of a reduclion in public funding, although this may have to be
reviewed due to the loss of grant aid from the local council NMandDDC Service level agreemeiit.
We still believe that the objectives of the Inverbrena Community Centre have been met; the Cenlre
usage remains high with the introduction of new classes and occasional usage such as birthday
parties has improved, sound financial management has enabled us to reduce our fees and with the
maintenance boost, the fabric of the building ensures a safe environment, complying with the
relevant health and safety regulations. We would like to thank all who contributed to the success of
Inverbrena and thank the local community for their support.
Financial review (including reserves policy}
The results for the year are set out in detail on pages 8 to 14. The charity had a net loss in the year
of (£298) (2022.. {£8,999)). At 31 March 2023, the total funds of the charity amounled to £82,459
(2022: £82,757) comprising restricted funds of £44,212 (2022: 42,614) and unrestricted funds of
£38,247 (2022. £40,143).
Reserves Policy
We continue our policy of sound financial control and charging sensible fees for centre use. This
policy has enabled us to build up a healthy reserve giving us approximately one years running costs
in reserve. Our reserves are such that we can review the fees charged to regular users and reduce,
if appropriate, as a loyalty gesture.
Plans for future periods
Strict financial control will direct our future plans such as the maintenance of the centre including the
sourcing of funding and design for new front doors and refurbishment of the entrance lobby as well
as continuing to promote the centre through Facebook, developing new classes for non peak times,
develop youth provision in the area and having secured Wifi funding this needs to be promoted using
l.T. classe5.
Structure, governance and management
Inverbrena Community Association was built and opened in 1992. There are five trustees and a
management committee comprised of seven volunteers who manage the day to day running of the
Centre supported by local volunteers on an ad hoc basis.

E-sign ID- c2f618bb-b07e-44cb-a109-be15016d751b
Inverbrena Community Association
Year Ended 31 March 2023
Building and public liability insurance is obtained on a yearly basis with user groups required to
obtain their own activity insurance. User groups are also required to comply with current health and
safety, child Protection, fire prevention and equality legislation.
Monthly management meetings are held with minutes taken to ensure accurate records are available
to interested parties. User groups can attend the monthly management committee meetings to offer
advice on certain issues. Our annual general meeting is held in February of each year and is
advertised in the local press with all interested parties invited. At the meeting we present our annual
accounts, a report on the past year and our plans for the future. We also invite comments and
proposals for consideration on how to improve our service to the local area.
Our management committee is small, represents the community and has served the community
well. Recruilment of new members is difficult but is a feature of many voluntary groups. The present
committee's work has enabled the community centre to provide a good service to the people of the
Strangfordl Kilclief area.
Trustees, responsibilities statement
The trustees are responsible for preparing the Trustees. Annual Report and the financial statements
in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accountin9 PractiGe).
Trustees, Annual Report
The law applicable to charities in Northern Ireland requires the trustees to prepare financial
statements for each financial year which give a true and fair view of the state of affairs of the charity
and of the incoming resources and application of resources of the charity for that period. In preparing
these financial statements, the trustees are required to..
select suitable accounting policies and then apply them consistently.,
ObSe￿e the methods and principles in the Charities SORP (FRS 102).
make judgements and estimates that are reasonable and prudent.,
stale whether applicable accounting standards have been followed, subject to any
material departures disclosed and explained in the financial statements.,
prepare the financial statements on the going concern basis unless it is
inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the financial
statements comply with the Charities Act (Northern Ireland) 2008, the Charities (Accounts and
Reports) Regulations (Northern Ireland) 2015 and the provisions of the trust deed. They are also
responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
0810112024
Signed on behalf of the board of trustees on
J Psanna
0810112024 10..23..30
Mr John Hanna
Chairperson

E-sign ID- c2f61ebbkn07e-44c&afOg-be150f&Y751b
Inverbrena Community Assoclation
Year Ended 31 March 2023
Independent Examinerfs Report to the Trustees of Inverbrena Community Assoclation
I report on the accounts of the charity for the year ended 31 March 2023 which are set out on pages
3to14.
Respective responsibilities of 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 (Northern Ireland) 2008;
follow the procedures laid down in the general Directions given by the Charity Commission
for Northern Ireland under section 65(9){b) of the Charities Act-, and
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 wtth 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 includes 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 ofthe 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.
Kps
1510112024 11'.01.'56
Kyran Smyth
KPS Chartered Accountants
Chartered Tax Advisers
Registered Auditors
35 Irish Street
Downpatrick
BT30 6BW
Date.. 1510112024

E-slgn ID.. c2f6leb￿07S.44e￿af09-b8150.,6d7S1b
Inverbrena Community Association
Statement of Financial Activities
Year Ended 31 March 2023
2023
Unrestricted Restricted
funds
funds
2022
Total
Total
Note
Funds
Donations
Charitable activities
Income from generating funds
Investment income
Total income
1,900
7,619
3,735
8,771 10,671
7,619
3,735
38,127
4,938
1,377
12
44,454
13.254
8,771 22.025
Expenditure on:
Raising funds
Charitable activities
Total expenditure
17,392
17,392
4,931 22,323
4,931 22,323
53,453
53,453
Net funds l (deficit)
(4,138)
3,840
(298)
(8,999)
Transfer from restricted
funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
2,242
(1,896)
(2,242)
1,598
12
(298>
(8,999)
12
40,143
42,614 82,757
91,756
Total funds carried forward
12
38,247
44,212 82,459
82,757
All income derives from continuing activities.
The statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 10 to 14 fomi part of these financial statements.

E-S5gn ID.. e2f61eb￿bO7e-44cb-af0g-bel5Of6d7s1b
Inverbrena Communlty Association
Balance Sheet
Year Ended 31 March 2023
2023
2022
Note
Fixed assets
Tangible assets
Current assets
Debtors and prepayments
Cash at bank and in hand
66,224
66,344
10
3,800
13,941
17,741
18,455
18,455
2,042
16,413
82,757
Creditors: amounts falling due within one year
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more than one year
Net assets
16,235
82,459
82,459
82,757
Charity Funds
Unrestricted funds
Restricted funds
Total charity funds
12
12
12
38,247
44,212
40,143
42,614
0810112024
Signed on behalf of the board of trustees on
J Hanna
I￿.01/2024 10.'23'.30
Mr John Hanna
Treasurer
The notes on pages 10 to 14 fomi part of these financial statements.

E-slgn ID.. c2f61ebb-b07e-44¢b-afOgbe15016d751b
Inverbrena Community Association
Notes to the Financial Statements
Year Ended 31 March 2023
Summary of significant accounting policies
(a) General information and basis of preparation
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements
have been prepared in accordance with Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(Charities SORP (FRS 102)), Charities Act (Northern Ireland) 2008 and UK Generally
Accepted Practice.
The charity does not include a cash flow statement on the grounds that it is applying FRS 102
Section 1A.
The financial statements are prepared on a going concern basis under the historical cost
convention, modified to include certain items at fair value. The financial statements are
presented in sterling whi¢h is the functional currency of the charity and rounded to the nearest
The significanl accounting policies applied in the preparation of these financial statements are
set out below. These policies have been consistently applied to all years presented unless
otherwise stated.
{b) Funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the
general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions
imposed by donors or which have been raised by the charily for particular purposes. The cost
of raising and administering such funds are charged against the specific fund. The aim and use
of each restricted fund 15 set out in the notes to the financial statements.
(c) Income recognition
All incoming resources are included in the Statement of Financial Activities (SOFA) when the
charity is legally entitled to the income after any performance conditions have been met. the
amount can be measured reliably and it is probable that the income will be received.
For donations to be recognised the charity will have been notified of the amounts and the
settlement date in writing. If there are conditions attached to the donation and this requires a
level of performance before entitlement can be obtained, then income is deferred until those
conditions are fully met or the fulfilment of those conditions is within the control of the charity
and it is probable that they will be fulfilled.
No amount is included in the financial statements for volunteertime in line with the SORP (FRS
102). Further detail is given in the Trustees, Annual Report.
Income from generating funds includes income eamed from fundraising events. Income is
received in exchange for supplying goods and services in orderto raise funds and is recognised
when entitlement has occurred.
The charity receives grants from the council in respect of maintenance and also received a
grant for the Department of Finance in respect of the construction of the community centre.
The notes on pages 10 to 14 fomi part of these financial statements.
10

E-slgn ID.. C2161eb￿b0ye-44C￿1O9-b915O(6d7s1b
Inverbrena Community Association
Notes to the Financial Statements
Year Ended 31 March 2023
Income from government and other grants are recognised at fair value when the charity has
entitlement after any performance conditions have been met, it is probable that the income will
be received and the amount can be measured reliably. If entitlement is not met then these
amounts are deferred.
Id) Expenditure recognition
All expenditure is accounted for on an accruals basis and has been classified under headings
that aggregate all costs related to the category. Expenditure is recognised where there is a
legal or constructive obligation to make payments to third parties, it is probable that the
settlement will be required and the amount of the obligation can be measured reliably. It is
categorised under the following headings:
Costs of raising funds includes draw expenditure.,
Expenditure on charitable activities includes costs associated with running the centre
Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.
(e) Administration costs allocation
Administration costs are those that assist the work of the charity but do not directly represent
charitable activities and include office costs and governance costs. They are incurred directly
in administration of the objects of the charity. Where administration costs cannot be directly
attributed to particular headings, they have been allocated to cost of raising funds and
expenditure on charitable activities on a basis consistent with use of the resources
The analysis of these costs is included in note 5.
(fj Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated
depreciation and accumulated impairment10sses. Cost includes costs directly attributable to
making the asset capable of operating as intended.
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost,
less estimated residual value, of each asset on a systematic basis over its expected useful life
as follows..
Leasehold land and buildings
Fixtures and fittings
Office Equipment
20/0 Straight line
20 % reducing balance
15 % reducing balance
(g} Debtors and creditors receivable I payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year
are recorded at transaction price. Any losses arising from impairment are recognised in
expenditure.
(h) Golng concern
The financial statements have been prepared on a going concern basis as the trustees believe
that no material uncertainties exist. The trustees have considered the level of funds held and
the expected level of income and expenditure for 12 months from authorising these financial
statements. The budgeted income and expenditure is sufficient with the level of reserves for
the charity to be able to continue as a going concern.
The notes on pages 10 to 14 fonn part of these financlal statements.

E-slgn ID.. c2f618bb-b070-44cb-afO&b¢150f6d751b
Inverbrena Community Associatlon
Notes to the Financial Statements
Year Ended 31 March 2023
Income from donations
2023
2022
Gifts
Grants
50
10,671
38,077
10,671
38,127
Income from donations and grants was £10,671 12022: £38,127). £8,771 (2022.. £35,077)
was attributed to restricted funds and £1,900 (2022: £3,050) was attributable to unrestricted
funds.
Income from charltable actlvitles
2023
2022
Hall income
7,619
7,619
4,938
4,938
Income from charitable activities was attributable to unrestricted funds.
Income from generating funds
2023
2022
Fundraising events - Draw income
Other
3,735
1,377
3,735
1,377
Income from generating funds was attributable to unrestricted funds.
5 Income from investments
2023
2022
Bank interest received
12
12
Income from investments was attributable to unrestricted funds.
The notes on pages 10 to 14 fomi part of these financial statements.

E-slgn ID.. c2f610b￿bO7O-44eb-￿I09-befSOf6d751b
Inverbrena Community Association
Notes to the Financial Statements
Year Ended 31 March 2023
Analysis of expenditure on charitable activities
2023
Total
2022
Total
Administration
costs
Light and heat
Insurance
Repairs and maintenan
Draw Prizes
Cleaning
Telephone & Internet
Accountancy
Printing & Stationary
Advertising
Bank fees and interest
Sundry
Legal and professional fees
Depreciation long leasehold
Depreciation of office equipment
Depreciation of fixture and fittings
2,838
2,173
7,563
2,400
1,398
60
492
2,838
2,173
7,563
2,400
1,398
60
492
3,298
2,056
41,690
400
520
456
126
53
126
53
275
40
199
160
3,573
63
716
53,453
3,573
54
1,593
22,323
3,573
1,593
22.323
£4,931 (2022.. £35,077) of the above costs are attributable to restricted funds and £17.392
{2022'. £18,376) were attributable to unrestricted funds
Net incomel(expenditure} for the year
Net incomel{expenditure) is stated after charging l (crediting):
2023
2022
Depreciation of tangible fixed assets
5,220
4,352
Independent examiner's remuneration
The independent examiner's remuneration amounts to £49212022.. £456).
9 Tangible fixed assets
Land and
buildings
Fixtures and
fittings
Office
Equipment
Total
Cost or valuation:
At 1 April 2022
Additions
Disposals
At 31 March 2023
Depreciation:
At 1 April 2022
Charge for the year
At 31 March 2023
Net book value:
At 31 March 2023
At 31 March 2022
178,649
29,769
5,100
422 208,840
5,100
178,649
34,869
422 213,940
115,527
3,573
119,100
26,906
1,593
28,499
63 142,496
54
117 147,716
59,549
63,122
6,370
2,863
305
359
66,224
66,344
The notes on pages 10 to 14 form part of these financlal statements.
13

E-slgn ID.. c2f61ebb-b07e-44cb-a109-k15016d751b
Inverbrena Community Association
Notes to the Financial Statements
Year Ended 31 March 2023
The net book value of land and buildings comprised:
2023
2022
Land and buildings:
Long leasehold
59,549
59,549
63,122
63,122
10 Debtors
2023
2022
Debtors and prepayments
3,800
3,800
11 Creditors: amounts falling due within one year
2023
2022
Accruals
Payments in advance
656
850
1,506
1,192
850
2,042
12 Fund reconciliation
Unrestrieted funds
Balance at
1 April
2022
Balance at
31 March
2023
Income
Expenditure Transfers
General funds
40,143
13,254
(17,392)
2,242
38,247
Restricted funds
Balance
at 1 April
2022
Balance at
31 March
2023
Income
Expenditure Transfers
DFP Gfant
Newry Council
DAERA
42,614
(2,242)
40,372
3,840
5,921
2,850
8,771
{2,081)
{2,850)
14,931)
42,614
(2,242)
44,212
Fund description5
al Unrestricted funds
Comprise funds that the trustees are free to use in accordance with the charity's objectives.
c) Restricted funds
Financial assistance was received from the Department of Finance & Personnel (DFP) for the
construction ofthe cornmunity centre and is released to unrestricted funds over the term ofthe
lease in respect of the property. Financial assistance was also received during the year from
The Department of Agriculture, Environment and Rural Affairs (DAERA) for the refurbishment
of the community centre and NMandDDC for sports equipment and assistance with the cost of
heating and insurance costs.
The note3 on pages 10 to 14 fomi part of these financial statements.
14