REGISTERED COMPANY NUMBER: N1043401 (Northern li'eland) REGISTERED CHARITY NUMBER: 100156 Re rt of the Tnjstees and Unaiidited Financial Statements for the Year Ended 30 June 2023 for Hillsbor Communi ' Centre Limitcd Limited bv Guarantee Mr C McArdle FCA ICAI 2 (s01'ernors (iate Hillsborough BT26 6FE
Hillsb ommunits, CenÉre Limiled Contents of the Financial Sta ements for the Year Ended JO Junc 2023 Page Report of the Trustees IndepKndent Euminer's Report Statement of Financial Actii'ities Balance Sheet Nots to the Financial Statements 7 to 13 Detailed Statement of Financial Activities 14
Hillsborou h Comm ill, Centre Limilcd rt of the Trustees for the Year Ended 30 June 2023 The Inistees ii'lio are also directors of the charity for the piwposes of the Companies Act 2006: present their rcport ii'ith the financial statements of the charity for the l.ear ended 30 June 2023. The trustees have adopted thc proi'isions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance iiiith the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJEcfIvES AfiD ACTIVITIES Objectives and aims Hillsborough Community Centre Ltd facilitates and proactii"el), dei:elops a dii'erse range of community, activities and interests H"itliin Hillsborough Village Centre and mak-es them open and accessible to Fople of all ages, abilities and back-grounds. Almost 100 dii'erse user groups are accommodated at present. The company also ivork-s in partnership ivith a range of seThyice providcrs, local churches: schools and N'oluntap) organisations for tlie ben¢fit of the Con]mi1. as a M,hole. ACHIEVEMEiYf AIYD PERFORMANCE Charitable activities The regular schedule of groups, societies and classes continued to recoi'er from the impact of the pandemic but footfall ld class numbers M'ere significantl!, loiver than pie-COVID years. The Centre once again benefitted from Lisburn and Castlereagh City Councils support through an emplos'mcnt grant and also through help ii.ith essential mallltenance, support and guidance. Further grant assistance ivas atefUll). received to provide essential funds during this difficult year. FUTURE PLAINS In direct response to user feedback. some inJ"estment il'as made in equipment lor the Centre as ivell as essential repairs and renewals - this m.as limited while income generats'on continues to recover from the pandcmic. Plans arc still in place for an cytension to our facilities but fimding for such projects is difficult to find currently. STRUCryURE, GOVERNANCE AJYD MANAGEMEIYT verning document Thc charih. is controlled kn. its goi'erning document, a decd of trust, and constitutcs a limited company, limited b!, guarantee: as dered b!. the Companies Act 2006. Th¢ compani" Ivas forn]cd in 2002 as a compans. limited by guarantee. The board of directors rq)resents a cross section of interested parties from the local area. Da}1 to da!" management is tbe responsibilih. of the Centr¢ Manager but Ley decisions such as those on employmenL Earge capital spcnd: l¢gal issues and matters of strategic importanc¢ are deferred to bi-monthl). board meetings. Fe¢dback- and control m¢chanisms exists in the fom of an annual user forum and annual user satisfaction sun"ev. Thcsc mechanisms are used to ensurc that the company is meeting the necds of the ii,holc community" as far as possible and redirect operations ivhcre nccessarv. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number N1043401 (Northern Ireland) Registered Charity number 1001)6 Page I
Hillsborou h Con7muniti, Centre Limited ort of the Trustees for the Year Ended 30 June 2023 Registered office 7 Lisburn Street Hillsborough Doivn BT26 6AB Trustees D Dunlop ASC Wylie J P Reaney K Chauhan Mrs E Eni'in Mrs C MacDonald M MacDonald J McAlester Lompany Secretary ASC Ws'lie Independent Examiner Mr C McArdle FCA ICAI 2 Goi'ernors Gate Hillsborough BT26 6FE Approi'cd by order of the board of tst¢eS on ,............................................ and signed on its behalf M:: Mrs E EThiin - Trustee Page 2
Inde endent Examiner's Re ort to the Trustee Hillsboiou h commi111, Centre Limiled I report on the accounts of the compan}, for the year ended 30 June 2023, Ivhich are set out on pages four to thirteen. Respective responsibilities of charity trustees and examiner As the charit?T'S trustees (and also the directors for the purposes of company la") l'ou are responsible for the preparation of the accounts in accordance ii'ith the requirements of tlie Companies Act 2006. Hai"ing satisfied ml'self that the charity is not subject to audit under company lam: and is eligible for independent exan]ination, it is mv responsibiliti. to.. examine the accolints under Section 65 of the Charities Act follom" the pr¢xedures laid doivn in the general Directions given by the Charity Commission for Northern Ireland under Section 6i(9)(b) of the Charittes Act state ii"hethcr particular matters hai'e come to m!" attention. Basis of the independent examiner's report I haN'e examined liour chariti" accounts as required under Section 6) of the Charities Act and MJ. examination m.as carried out in accordance ivith the general Directions gii.en bi. the Charitv Commission for Nortliern Ireland under Section 6i(9)(b) of the Charities ACL The examination included a rei'iem. of the accounting records k.ept bi" the charits" and a comparison of the accounts presented H"ith those records. It also included consideration of ans. unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning an!. such matters. M}y role is to state ivheth¢r an). materiaI mattels hai'e come to mi" attention gii'ing me cause to belieiTe'. That accounting records Ive not k.ept in accordance ii'ith Section 386 of the Companies Act 2006 That the accounts do iiot accord ii'ith tliose accounting records That the accounts do not complsy Illth the accounting requirements of Section 396 of the Companies Act 2006 and ii'ith the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance ivith the Financial Reporting Standard applicable in the UK and Republic of Ireland That there is further inforniation needed for a proper understanding of the accounts to be reached. Independent examiner's statelnent I have completed m). ciamination and hai"c no concerns in respect of the matters ( l) to (4) listed aboi'e and: in connection ii'ith folloii.ing the Directions of the Charits. Conllnission for Northern Ireland: I hai"c found no matters that require draii.ing to s'our attention. Mr C McArdle FCA ICAI Mr C McArdle FCA ICAI 2 Goi'ernors Gate Hillsborough BT26 6FE Date.. Page 3
Hillsbor mmimitir Centre Limite atement of Financial Actii-ities for the Year Ended 30 June 2023 2023 Total funds 2022 Total funds Unrestricted Restricted fund fwid Notes INCOME AND ENDOWMENTS FROM Donations and legacies 93,363 2),000 118,363 110.081 Ini'estmcnt income 4) 45 Total 93,4U8 2i,OUU 11¥,408 110.087 EXPENDITURE ON Charitable activities Support costs 811,968 2),000 113,968 IUU.933 Management & governance costs 2.)66 2,566 4.162 Total 91,i34 2),000 116,534 105,095 NET INCOME 1,874 1.874 4.992 RECONCILIATION OF FUNDS Total funds brought foThi:ard 26,081 26,081 21.089 TOTAL FUNDS CARIUED FORWARD 27,95) 27.9)) 26.081 The notcs forni part of these fanCIal statements Page 4
Hillsbor ommunili. Centre Limifrd slered number". N1043401 Balance Sheet 30J e2023 2023 Total funds 2022 Total fidS Unrestricted Restricted fund fund Notes FIXED ASSETS Tangible assets 10,i03 10,503 13.069 CURRENT ASSETS Debtors.. atnounts fallÈng due ivithin one year Cash at bank 2,195 18,857 2,19) 18,857 i.iuu 3).463 21,052 21,052 36.563 CREDITORS Amounts falling due M"ithin one )Tear 10 (18:7il) NET CURREIYT ASSETS 21,U52 21,Oi2 17.812 TOTAL ASSETS LESS CURRENT LIABILITIES 31,i55 31,5)) 30.881 PROVISIONS FOR LIABILITIES 11 (3,600) (3,600) {4:800) NET ASSETS 27,95) 27,9)) 26.081 FUNDS Unrestricted funds: Gcncral fund 12 27.9)) 26.081 TOTAL FufiDS 27,9)) 26.0111 Thc charitable company is entitlcd to exemption from audit under Section 477 of the Companies Act 2006 for the i'¢ar ended 30 June 2023. The members haile not required the compan}i to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance iyith Section 476 of the Companies Act 2006. The trustees acknowledge thcir responsibilities for (a) ensuring that the charitable company keeps accounting records that comply ivith Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements ivhich gil-e a twe and fair i-ieii. of the state of affairs of the charÉtable compan!, as at the end of each financial )'ear and of ils surplus or deficil for each financial Vear in accordance with the requirements of Sections 394 and 395 and ivhich othcrH:ise comply iiith th¢ requirements of the Companies Act 2006 relating to financial statements, so far as applicabl¢ lo the chatilable company. Thc notes forni part of these fmancial statements Page 5 continued...
Hillsborou h Communiti, Cenlre Limitsd istered num r. N1043401 Balance Sheet - continued 30 June 2023 These financial statements have been prepared in accordance ii'ith the provisions applicablc to charitable companies subject to the small companies regime. The financial statements iyere approi.ed bl, the Board of Trustees and authorised for issue on ..R.! .K-. -Q )CJLk . and There S1Cd on its behaifby.. E Envin -trustee The notes forni part of these financial statements Page 6
Hillsb rou mmunits, Centre Limited es to the Financial Statements for the Year Ended 30 June 2023 LIMITED BY GUIIRANTEE Hillsborough Community.. Centre is a compan!. limited by guarantee and accordingls" does not hai'e a share capital. Each member of the company has undertaken to contribute such amounts as ii'ill be required not eNceeding £1 to the assets of the compan!: in the ei'ent of its being m.ound up ivhile he or she is a member or ivithin one l.ear after he or she ceases to be a member. ACCOUNTING POLICIES Basis ol preparing the financial statements Tlie financial statements of the charitable company.. ii,hicli is a public benefit entity, under FRS 102: have been prepared in accordance ii'ith the Charities SORP (FRS 102) 'Accounting and Reporting b): Chariti¢s'. Statement of Recommended Practice applicable to cliarities preparing their accounts in accordance ivith the Financial Reporting Standard applicable in the UK and Rcpiiblic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic ol Ireland, and the Companies Act 2006. The financial statements have been prepared under th¢ kn'storical cost conilention. Income All income is recognised in the Statement of Financial Activitics once the charity, has entitlement to the funds, it is probable that the income iiTiII be rcccived and the amount can be measured rcliablv. Expenditure Liabilities are recognised as eipenditure as soon as there is a legal or constructii'e obligation conunitting the charit! to tliat exyenditure: it is probabl¢ that a transfer of economic benefits m.ill be required in settlement and the amount of the oblkgation can b¢ measured reliabl).. Eipendiiure is accounted for on an accruals basis and has been classified under headiiigs th1( t aggregatc all cost related to the categorn.. Where costs cannot be directly attributed to particular h¢adings the!" hai'e been alEocated to actii'ities on a basis consisteiit V4-ith the use of resources. Related party exemption Th¢ charitablc compan!, has taken adi:antagc of cyemption, undcr the tems of Financial Rcporting Standard 102 'Thc Financial Reporting Staiidard applicabl¢ in Uie UK and Rcpiiblic of Ircland,, not to disclose related paty transactions ivith w'holly oiyned subsidiaries Ii'ithin the 0up. Taxation Th¢ cliarity is eiempt from corporation tax on its charitable actii'ities. Fund accounting Unrestricted funds can be used in accordance ii.ith the charitablc objeelii'cs at the dÈscr¢tion of the trustees. Restricted funds can onl)" be used for particular restricted pUOse5 ii'ithin the objects of the charity. Restrictions arise iihcn spccified , the donor or ii.hen funds are raised for partlcular restricted purposes. Further eiplanation of thc nature and pury)ose of each fund is includcd in the notes to the financial statements. Page 7 continued..-
Hillsborou mmun jtsi Centre Limited Notes to the Financial Statements - continue f r the Year Ended 30 June 2023 ACCOUNTING POLICIES - continued Pension costs and other post-retirement benefits Thc charitable compan!: operates a defined contribution pension scheme. Contributions pal'able to the charitable company's pension scheme are charged to the Statement of Financial Actii"ities in the period to ivhich the!. relate. Grants received During the current vear gtants Mhere received in respect of Community Support grant from Lisburn Castlereagh City. Council and other charitiable antS ivhere gratefullv receii"cd. These grants Ivhere treated as rei.enue income in the current financial year. IN1sTmE1¥T INCOME 2U23 2022 Deposit account interest IYET INCOMEI(EXPENDITURE) Net incomel(expenditure) xs stated after chargingl(¢re(h'ting): 2023 2U22 Depreciation - oM"ned assets Deficit on disposal of fixed assets 2,330 236 2,902 TRUtsI'EES' KEMUNERA'I'IOIY ALYD BENEFITS There w.ere no tsustees, remiu]eration or other benefits for the year ended 30 June 2023 nor for the I'car cnd¢d 30 Junc 2022. Trustees, expenses There ii.ere no trustees, expenses paid for the Iiear ended 30 Jiine 2023 nor for the iiear endcd 30 June 2022. Page 8 continued...
Hillsborou h Communiti, Centre Limited Notes to the Financial Statements - for the Year Ended 30 June 2023 ontinued STAFF COSTS The ai"erage monthly number of emplo!Tees during the year ivas as folloiys: 2023 2022 Administration No emplo!.-ees received emoluments in eicess of £60,000. COMPARATIVES FOR THE STATEMEKf OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund Total funds INCOME AND ENDOWMENfs FROM Donations and legacies 8),081 25,000 110,081 Ini'cslment income Total 8),087 25,000 110.087 EXPEIYDITURE CharAtable activities Support costs 75,933 25,UOU IUU.933 Management & goi'ernance costs 4,162 4,162 Total 80.09) 25,000 IOi,095 NET INCOME 4,992 4,992 RECOINCILIATION OF FUNDS Total funds brought fonvard 21,089 21.089 TUTAL FUNDS CARRIED FORWARD 26,081 26.081 Page 9 continued...
Hillsborou h Communili, Cenlre Limiled Notes to the Financial Statements - contin f r the Year Ended 30 June 2023 TANGIBLE FIXED ASSETS Fixtures and fittings Plant and machiners, Computer equipment Totals COST At l Juli, 2022 Disposals 38.168 (2.092) 1,939 9,374 49.48 J (2,092) At 30 June 2U23 36.076 1,939 9,374 47,389 DEPRELIATIUIN At l Juli, 2022 Charge for l'ear Eliminated on disposal 33.206 709 (1:8)6) 698 248 2,)08 1,373 36,412 2,330 (1,8i6) At 30 June 2023 32.Oi9 946 3,881 36,11116 INET BOOK VALUE At 30 June 2023 4.017 993 5,493 10,503 At 30 June 2022 4.962 1.241 6,866 13,069 DEBTORS: AMOUNfs FALLING DUE WITHIN ONE YEAR 2023 2022 Trade debtors 2,19) 1,100 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Deferred government grants 18,751 11. PROVISIONS FOR LIABILITIES 2023 2022 Proi'isions 3.600 4,800 Pagc 10 continued...
Hillsborou Cominunitv Centre Limited Notes to the Financial Statemen s - continued for the Year Ended 30 Jiine 2023 12. MOVEME1 INFUNDS Net moi'ement in funds At 3016123 At 117122 Unrestricted funds General fund 26.081 1.874 27,9)5 TL)TAL FUIYDS 26,081 1,¥74 27,9)) Net moi"ement in funds: included in the aboi'e are as folloivs: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 93,408 (91,i34) 1,874 Restricted funds Restricted fund 2),000 (2i,000) TOTAL FUNDS 118,408 (116,i34) 1,874 Comparatives lor movement in tunds Nct moi"emcnt in funds At 3016122 At 117121 Unrestricted funds General fimd 21.089 4,992 26,081 TOTAL FUNDS 21.089 4,992 26,081 Pagcll ¢ontinued.-.
Hillsborou h Communili. Cenlre Limited Notes to the Financial Statement f r the Year Ended 30 Jie 2023 ontinued 12. MOVEMENT IN FUNDS - continued Comparative net Moement in funds, included in the above are as folloii's.. Incoming resources Resources expended MoiTement in funds Unrestricted funds General fund 8),087 (80,095) 4,992 Restricted funds Rcstricted fund 2),000 (2i,000) TOTAL FUNDS 110.087 (IOi,095) 4,992 A current year 12 months and prior year 12 months combined position is as folloivs: Net moi'ement in funds At 3016123 At 117121 Unrestricted funds General fund 21.089 6,866 27.9)) TOTAL FUNDS 21,089 6,866 A current vear 12 months and prior )'ear 12 months combined net movement in funds, included in the aboi"e arc as folloivs: Incoinmg resources R¢sources expendcd Movement in funds Unrestricted funds General fund 178,495 (171,629) 6,866 Restricted funds R¢strictcd fid 50,000 (iO,000) TOTAL FUNDS 228,495 (221,629) 6,866 Page 12 continued...
Hillsborou h Communih, en e Limited Notes to the Fin ncial Statements - continued for the Ye1< r Ended 30 Jie 2023 13. RELATED PARTY DISCLOSURES There Th'ere no related part5. transactions for the l.ear cnded 30 June 2023. Page 13
Hillsborou h Communits, Centre Limi Detailed Statement of Financial Activities for the Year Ended 30 Ji]ne 2023 2023 2022 INCOME AND ENDOWMENTS Donations and legacies Grants Booking fees i3,101 65.262 47.263 62.818 118,363 110,081 Investment income Deposit account interest 45 Total incoming resources 118,40II I10.Ol17 EXPENDITURE Support costs Management Wages Rcpairs & maintenance Pensions Rates and M"at¢r Insuran¢e Light and heat Telephone Post, stationery & offic¢ Adi'¢rtising Plant and machincrv Fiiturcs and fittings Computer equipment Loss on salc of tangible fixed assets Bank- intcrcst Cleaning, catering & licences 75,842 1.563 2,736 1,476 67,115 714 2,ill 144 796 14.094 1.329 2.991 1.417 875 310 1.717 16.3iO 1,366 3,479 1,278 709 248 1,373 236 502 6,639 535 8.237 114.642 102.785 Governance costs Legal & professional fees 1,892 2.310 Total r¢sourccs e¥pended 116,534 105,095 et income 1,874 4.992 This page does not forn] part of the statutory" financial statein¢nts Page 14