REGISTERED COMPANY NUMBER: N1043401 (Northern Ireland) REGISTERED CHARITY NUMBER: IOOIS6 ort of the Trustees and Unaudited Financial Statements for the Year Ended 30 Junc 2024 Hillsborou Acom h Communi .' C ntre Limi anv Limited b Guarantec Mr C M¢Ardlc FCA ICAI 2 Goi:ernors Gate Hillsborough BT26 6FE
Hillsborou Communih, Cen e Limited ntents f th Financial Statement for the Year Ended 30 June 2024 Page Report of the Trustees Independent Eller'S Report Statcment of FinanciaI Actii'ities Balance Sheet Notes to the Financial Statements 7 to 13 Detailed Statement of Financial Activities 14
Hillsbor Communitv Ccntre Limited ort f the Tru ees Year Ended 30 June 2024 for The trustees ivho are also directors of the charity for the purposcs of the Companies Act 2006, present their report ivith thc financial statements of the charit! for the year endcd 30 June 2024. The trustees have adopted the proiyisions of Accounting and Reporting by Chatitics: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Rew)rting Standard applicable in the UK and Republic of Ireland (FRS 102) (effectivc l January 2019). OBJEcfIvES AND ACTIVITIES Objectives and aims Hillsborough Community Centre Ltd facilitates and proactiirely develops a diirerse range of conllllunit), activities and interests M'ithin Hillsborough Village Centre and mak.es them open and accessible to Fople of all ages, abilities and baCKounds. Almost 100 dii'erse user groups are accommodated at present. The company also ivork-s in partnership ivith a range of sen.ice providers, local churches, schools and voluntary organisations for the benefit of the communiti" as a ivhole. ACHIEVEMENf AND PERFORMANCE Charitable activities The regular schedule of groups, societies and Classes continued to recoi.er from the impact of the pandemic but footfall and class numbers M'¢re significantl! loiver than pre-COVID years. The Centre once again benefitted from Lisburn and Castlereagh City Councils support through an employThent grant and also through help m.ith esscntial maintenance, support and guidance. Further grant assistance ivas gratefull}' received to provide essential funds during this difficult year. FUTURE PLANS In direct response to user feedback, some ini'estment ivas made in equipment for the Ccntre as ii'ell as essential repairs and reneivals thi.s m.as limited while income generation continues to recover from the pandemic. Plans are still in place for an extension to our facilities but funding for such projects is difficult to find currently. STRucfuRE, GOVERNANCE ALYD MANAGEMENr verning document The charit)i is controllcd bj: its goirerning document, a deed of trnsl and constitutes a limited company, limitcd bl, guarantec, as d¢fmed bv the Companics Act 2006. Thc compan). Ivas fonned in 2002 as a compan): limited by guarantee. The board of dircctors represents a cross section of interested parties from the local area. Day to das: management is the responsibilits. of the Centre Manager but key decisions such as those on cmploymenL large capitaE Spen legal issu¢s and matters of stratcgic importance are deferred to bi-monthl}: board meetings. Feedback and control mechanisms exists in the forni of an annual user forum and annual user satisfaction survey. These mechanisms are used to ensure that the company is meeting the needs of th¢ whole community: as far as possible and redirect opcrations ivhere necessary. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number N1043401 (Northern Ireland) Registered Charity number IOOli6 Page I
Hillsbor mmuni , Centrc Limited ort f the Trnst¢e for the Year Ended 30 June 2024 Registered office 7 Lisburn Street Hillsborough Doi¥n BT26 6AB Trustees D Dunlop ASC Wylie J P Reaney K Chauban Mrs E Envin Mrs C MacDonald M MacDonald J McAlester Company Secretary ASC Wylie Independent Examiner Mr C McArdle FCA ICAI 2 Goi'ernors Gate Hillsborough BT26 6FE Approi'ed by order of the board of truste . and sI¢d on its behalf b).: Mrs E Erw - Trustee Page 2
Inde ndenl Eiaminer's Re ort to the Trustees of Hillsborou Communitv C¢ntr¢ Limited I report on the accounts of the compans. for the year ended 30 June 2024. which are set out on pages four to thirteen. Respective responsibilities of charity trustees and examiner As the charityT'S trustees (and also the directors for the purposes of company laiv) !.'ou are responsible for the preparation of the accounts in accordance M'ith the requirements of the Compankes Act 2006. Hal'ing satisfied mi'self that the charity is not subject to audit under company lam" and is eligible for independent examinatioo it is my responsibilits. to.. examine the accounts under Section 65 of the Charities Act foEloM: the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under Section 6i(9)(b) of the Charities Act state M:hethei particular matters hai'e com¢ to m!: attention. Basis of the independent examiner's report I have examined your Chariti" accounts as required under Section 65 of the Charities Act and my examination IaS carried out in accordance ivith the general Directions gii'en b): the Charity Commission for Northern Ireland under Section 6i(9){b) of the Charities Act. The examAnation included a rei'iew of the accounting records kept b): the chariti" and a comparison of the accounts presented Th"ith those records. It also included consideration of an5. unusual items or disclosures in the accounts, and seeking eiplanations from you as charity trustees concerning an!. such matters. My role is to state ivhether ans" material matters hai"e come to ms, attention giving me cause to believe.. That accounting records iver¢ not k-ept in accordance iiryth Section 386 of the Companies Act 2006 That the accounts do not accord ivith those accounting records That the accounts do not comply ii'ith the accowiting requirements of Section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in a¢¢ordanc¢ Ivith the Financial Reporting Standard applicable in the UK and Republic of Ireland That therc is fither inforniation needed for a pioper understanding of the accounts to be reached. Independent examiner's statement I have completed m)" eLqmination and hai'e no concerns in respect of the matters (l) to (4) listed aboi'e and: in Connection iiiith folloii.ing the Directions of the Charits: Commission for Northern Ircland, I hai'¢ found no matters that require draii ing to }"our attention. Mr C McArdle FCA ICAI Mr C McArdle FCA ICAI 2 Goi'ernors Gate Hillsborough BT26 6FE Date:... Page 3
rou Communili, Centre Limi StateEncnt of Financial Actii'ities for the Year Ended 30 June 2024 2024 Totsl funds 2023 Total fidS Unrestricted Restricted fund fund Notes INCOME AND EIW0WMEs FROM Donations and legacies 111,379 13,500 124,879 118,363 Invesimcnt income 88 88 45 Total 111,467 13,500 124.967 1111,408 EXPENDITURE ON Charitable activities Support costs 114,520 13,500 12¥,020 113.968 Management & goiyernance costs 1,901 1,901 2.566 Total 116,421 13,500 l29,921 116,i34 NET INCOMEI(EXPENDITURE) (4,954) (4,954) 1,874 RECONCILIATION OF FUNDS Total fimds brought fop*i:ard 27,955 27,9)5 26.081 TOTAL FUNDS CARRIED FORWARD 23,001 23,001 27.9)5 The notes fonn part of these financial statements Page 4
Hillsborou Communits, Centre Limi stered number. N1043401 Balance Shcet 30 June 2024 2024 Total funds 2023 Total fill]ds Unrestricted Restricted fi]nd fund Notcs FIXED ASSETS Tanble assets 8,602 8,602 10,)03 CURRENT ASSETS Debtors.. amounts falling du¢ ivithin one year Cash at bank 1,231 17,632 1,231 17,632 2,195 18.857 18,863 18,863 21.Oi2 CREDITORS Amounts falling due M:ithin one year 10 (2,064) (2.064) ET CURRENT AbSETS 16,799 16,799 21,052 TOTAL ASSETS LESS CURRENT LIABILITIES 25,401 25.401 31,5)5 PROVISIONS FOR LIABILITIES li (2.400) (2.400) (3,600) NET ASSETS 23,001 23.001 27.955 FUNDS Unrestricted funds: General fimd 12 23,001 27.955 TOTAL FUNDS 23,001 27,9)5 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the ycaT ended 30 June 2024. The members hai'e not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknoivledg¢ their rcsponsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparAng financial statements ivhich gi'e a true and fair iTjeii' of the state of affairs of the charitabl¢ compan!, as ai the end of each fmancial )'car and of its surplus or deficit for each financial year in accordance with the requiTcmenls OE Sections 394 and 39) and ivhich othenvise comply M'ith thc rcquirements of the Companies Act 2006 relating to financial statements, so far as appli¢ablc the charitable company. The notes fonn part of these financial statements Page 5 continued...
Hillsbor Communilv entre Limit¢d sl d number.. N1043401 Balanc Sheet - continue 30 e 2024 These fulancial statemcnts have bcen prepared in accordance ivith the provisions applicable to charitable companies subject to the small companies rcgime. The fin cia statements were approved bs, the Board of Trustees and authorised for Issue on .. If........... and m.ere signed on its behalf by.. EETh1-T tee The notes fonn part of these financial statements Page 6
Hill rou h Con]m itv Centre Limi Notes to the Financial Statements for the Y ar Ended 30 June 2024 LIMITED BY GUARANTEE Hillsborough Community, Centre is a compan!, limited b}, guarantee and accordingll: does not hai"e a share capital. Each memlKr of the company has undertaken to contribute such amounts as 111 be required not exceeding £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 )Tear after he or she ceases to be a member. ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the ¢lwitable company.. ii'hich is a public benefit entity under FRS 102, havc been prepared in accordance ivith the Charities SORP (FRS 102) 'Accounting and Reporting by 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 (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in th¢ UK and Republic of Ireland, and the Companies Act 2006. The fmancial statements have been prepared under the historical cost coni'ention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement tr) the funds, Ét is probable that the income ivill be received and the amount can be m¢asured reliably. Expenditure Liabilities are recoglised as expenditure as soon as there is a legal or constructii'e obligation conunitting the charity to that expenditure, it is probable that a transfer of economic benefits il'ill be required in settlement and the amount of the obligation can be measured reliabl).. Expenditure is accounted for on an accruals basis and has been cKassified under headings that aggregatc all cost related to the category. Wherc costs camiot be directli, attributed to particular headings they ha¢ been allocated to actii"ities on a basis consistent iyith the use of resources. Related party exemption Th¢ charitable compan!, has taken adi:antag¢ of exemption, under the tenns of Financial Reporting Standard 102 'The Financial Reporting Standard applicablo in the UK and Rcpublic of Ircland,, not to th'sclose related paty transactions ivith M"holly oivned subsidiaries ii'ithin the group. Taxation The charity is exempt from corporation tax on its charitable actiiFiti¢s. Fund accounting Unrestricted funds can be used in accordance ii'ith the charitablc objectives at the discretion of the trustees. Restricted funds can onl): be used for particular restricted purposcs ii'ithi'n the objects of the charity. Restrictions arise iihen specified kn, thc donor or ii,hen ndS ar¢ raised for particular rc5tricted purposes. Further eiylanation of the nature and purposc of each fund is included in the notes to the financial statements. Page 7 continued...
Hillsborou Communitsi Cenire Limited Notes to the Financial Statements - f r the Year Ended 30 June 2024 ntinue ACCOUING POLICIES- continued Pension costs and other post-retirement benefits Thc charitable compansi operatss a defed contiibution pension scheme. Contributions pai'able to the chatitable ¢ompanJ's pension scheme are charged to the Statement of Financial Actii'ities in the period to ivhich the5T relate. Grants reeeived During the current vear grants M,here received in respect of Community Support an1 from Lisburn Castlereagh Cit5, Council and other charitiable grants ivhere gratefully receii'ed. These grants Ivhere treated as rei.enue income in the current fmancial year. INSTmENT INCOME 2024 2023 Deposit account interest 88 45 IYET INCUMW(£XPEfiDITURE) Net incomel(expenditure) is stated after chargingl(crediting).' 2024 2023 Depreciation - oTh'ned assets Deficit on disposal of fixed assets 1,901 2,330 236 TRUSTEES, REMUIYERATIUIN ALYD BENEblTS There m.ere no trnstees, remuneration or othei benefits for the year ended 30 June 2024 nor for the }:ear cnded 30 June 2023. Trustees, expenses There ii'ere no trustecs, expenses paid for the vcar ended 30 June 2024 nor for the }Tear ended 30 June 2023. Page 8 continued...
Hills rou Communih, en e Limited Notes to the Financial Statements - continued for the Year Ended 30 ¢ 2024 STAFF COSTS The aj'erage monthly number of employees during the year ivas as follows: 2024 2023 Administration No emplo5'ees received emoluments in eNcess of £60.000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfIviTIES Unrestricted Restricted fund fimd Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 93,363 25,000 IE8,363 Inveslment income 4) 45 Totat 93,408 25,000 118,408 EXPEIYDITURE Charitable activities Support costs 88,968 25.OUO 113.968 Management & gol'ernance costs 2,566 2,566 Total 91.i34 25.000 116.i34 NET INCOME 1,874 1,874 RECONCILIATION OF FUNDS Total fimds brought fonvard 26,081 26,081 TOTAL FUNDS C'ARRIED FORWARD 27,955 27,955 Page 9 continucd...
Hillsborou Communi Centre Limile Notes to the Financial Statemen s-con for the Ye r Ended 30 June 2024 inued TANGIBLE FIXED ASSETS Plant and nC.nery and fittings Computer equipment Totals COST At l Jul}, 2023 and 30 June 2024 36.076 1.939 9.374 47,389 DEPRECIATIOIY At l July 2023 Charge for }:ear 32.059 603 946 199 3,881 1,099 36,886 1,901 At 30 Jun¢ 2024 32,662 1.145 4,980 38,787 NET BOOK VALUE At 30 June 2024 3.414 794 4,394 8,602 At 30 June 2023 4.017 993 5,493 10,503 DEBTORS: AMUUIYT&i FALLIIYG DUE WITHIN UIYE YEAR 2024 2023 Trade debtors 1,231 2,19) 10. LREDITURèi: AMUUIYTS FALLING DUE WII'HIIY UNE YEAR 2024 2023 Social s¢curits' and other taS Pension Accruals and defcrrcd income 726 138 1.200 2,064 11. PROVISIONS FOR LIABILITIES 2024 2023 Proi'isions 2,400 3,600 Page 10 continucd...
Hills rou h Communi , Centre Limited Notes to the Financial Statements - f r the Y ar Ended 30 June 2024 ontin 12. MOVEME IN FUNDS Net moi'ement in funds At 3016124 At In3 Unrestricted funds General fund 27.955 (4.954) 23,001 TOTAL FUNDS 27,955 (4,954) 23,001 Net moi'ement in funds, included in the aboi:e are as folloivs: Incoming resources Resources Movement in funds Unrestricted funds General fund 111,467 (116,421) (4,954) Restricted ftunds Restricted fund 13,500 (13,500) TOTAL FUNDS 124,967 (129,921) (4.954) Comparatives lor movement in funds Net moi.'cment in funds At 3016123 At 117122 Unrestricted fund5 General fund 26,081 1,874 27.9)5 TOTAL FUNDS 26.081 1,874 27,9ii Page 11 continued...
Hillsbo h Communili, ¢ Limite o the Financial Statem nts - contin ed for the Year Ended 30 Junc 2024 12. MOVEMEIYT IN FUNDS- continued Comparative net Jnovement in fimds, included in the above are as folloivs". Incoming resources Resowces exyended Movement in funds Unrestricted funds General fund 93,408 (91.534) 1,874 Restricted funds Restricted fid 2),000 (25,000) TOTAL FUNDS 118,408 (116.534) 1,874 A cUent year 12 months and prior year 12 months combined position is as folloivs: Net mol'ement in funds At 3016124 At In122 Unrestricted funds General fid 26,081 (3,080) 23,001 TOTAL FUNDS 26,081 (3.080) 23,001 A cuent year 12 months and prior )'ear 12 months combined net movement in funds, included in the aboi'e are as follows.. Incoming resources Resources eiFcndcd Movement in funds Unrestricted funds General fund 204,875 (207,955) (3,080) Restricted funds R¢stri¢ted fiTnd 38,500 (38.500) TL)TAL FUNDS 243,375 (246,45)) (3,080) Page 12 continued...
Hillsborou mmunitv Centre Limt Note the Financial Statemen for the Ye Ended 30 Jun 2024 ontinued 13. RELATED PARTY DISCLOSURES There were no related paty transactions for the }Tear ended 30 June 2024. Page 13
Hillsborou mmunilv Cen Limited Detail d Sta ement of Financial Ac for th¢ Ycar Ended 30 June 2024 vities 2024 2023 INCOME AND ENDOWMENTS Donations and legacies Grants Booking fees 53,102 71,777 53.101 65,262 124,879 118.363 Investment income Deposit account interest 88 45 Total incoming resources 124,967 11¥,4U8 EXPEIYDITURE Support costs Management Wages Repairs & maintenancc Pensions Rates and Th:ater Insurance Light and hcat Telephone Post, stationery & office Adi'crtising Plant and machinerv Fixturcs and fittings Computcr equipment Loss on sale of tangible f¢d ass¢ts Clcaning, catering & liccnces 73,3) I 15,629 743 1,596 915 20,902 2,159 3,693 540 603 199 1,099 75,842 1.563 2,736 1,476 845 16,3iO 1,366 3,479 1,278 709 248 R.373 236 6.639 5,651 127,08L) 114,140 Finance Bank" charges 509 502 Governance costs Legal & profcssional fees Accountancy fecs 1,132 1,200 1,892 2,332 1,892 Total resources expcnded 129,921 116,534 Net (expenditure)lincome (4,9)4) 1.874 This page does not fonn part of the statutory financial statements Page 14