Company Number: N1050070
Charity Number: 100161
Fermanagh Rural Community Network
IA company limited by guarantee. not having a share capitall
Annual Report and Unaudited Financial Statements
for the year ended 31 March 2023

Fermanagh Rural Community Network
IA company limited by guarantee, not having a share capital)
CONTENTS
Page
Reference and Administrative Information
Directors, Annual Report
Statement of Directors, Responsibilities
Independent Examiner's Report
Statement of Financia l Activities
Summary Income and Expenditure AccoLtnt
Balance Sheet
10
Notes to the Financial Statements
11-16
Supplementary Information relating to the Financial Statements
17-18

Fermanagh Rural Community Network
IA company limited by guarantee, not having a shore capital)
REFERENCE AND ADMINISTRATIVE INFORMATION
Directors
Louise McLaughlin-Borlace
Margaret Bu rleigh
Brian Richardson
Brian Mcmanus
Oliver Mccaffrey
Tony Harte
Patrick Drumm
John McDonnell
Liam Jones
Iris Mahon
Rosemary Forde
Kathleen Breen
Pauline Carson
Company Secretary
Brian Richardson
Charity Number in Northern Ireland
100161
Registered Office and Principle Address
3 Queen Street
Enniskillen
Co. Fermanagh
BT74 7JR
Independent Examiner
Anthony Rasdale
MacNeary Rasdale & Co Ltd
"Wellington House"
30 Darling Street
Enniskillen
Co. Fermanagh
BT74 7EW
Bankers
Bank of Ireland
Townhall street
Enniskillen
Co. Fermanagh
BT74 7BD
Page I

Fermanagh Rural Community Network
IA company limited by guarantee, not having a shore ¢apitall
DIRECTORS, ANNUAL REPORT
For the year ended 31 March 2023
The Directors present their Directors, Annual Report, combining the Directors, Report and Trustees, Report,
and the unaudited financial statement5 for the year ended 31 March 2023.
The financial statements are prepared in accordance with the Companies Act 2006, FRS 102 The
Financial Reporting Standard applicable in the UK and Republic of Ireland, and Accounting and Reporting
by Charities Statement of Recommended Practice applicable to charities preparing their financial
statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021.
The Directors, Report contains the information required to be provided in the Directors, Annual Report
under the Statement of Recommended Practice ISORPI guidelines. The directors of the company are also
charity trustees for the purpose of charity law and under the company's constitution are known as members
of the board of trustees.
In this report the directors of Fermanagh Rural Community Network present a summary of its purpose,
governance, activities, achievements and finances for the financial year 31 March 2023.
The company is a registered charity and hence the report and results are presented in a form which complies
with the requirements of the Companies Act 2006 and, although not obliged to comply with the statement of
Recommended Practice applicable in the UK and Republic of Ireland IFRS 1021 leffertive l January 20151, the
organisation has implemented its recommendations where relevant in these financial statement5.
Missions, Objectives and Strategy
Mission Statement
Fermanagh Rural Community Network provides practical support, guidance, information, signposting and
networking opportunities for member groups, through our locally based staff, resource centre and network
services and programmes. This benefits rural community grotjps in developing sustainable rural
communities, directly tackling issues that are causing disadvantage and povertv.
Objectives
The objectives of the Company shall be to relieve poverty and advance education for the benefit of the
inhabitants of Fermanagh and its hinterland without distinction of sex, race or political, religious of other
opinion and in particular to promote any charitable activity which give support to the local rural
communities suffering disadvantage and poverty and which seeks to improve the conditions of life for the
inhabitants of the area of benefit.
Structure, Governance and Management
Structure
Fermanagh Rural Community Network is a company limited by guarantee not having a share capital. The
company is governed by it's Memorandum and Articles of Association. The directors, who are also the
trustees of the charity at the date of this report and those who served during the financial year together with
the dates of any changes are set out on page 3.
Fermanagh Rural Community Network has a Resource Centre and Staffed Office maintained with a Network
Coordinator, Community Development Worker, Adrninistrator and Community Develppment Officer.
Page 2

Fermanagh Rural Community Network
IA company limited by guarantee, not having a Share capitall
DIREcfoRS' ANNUAL REPORT
For the year ended 31 March 2023
Review of Activities, Achievements and Performance
Fermanagh Rural Community Network in its role as the Local Rural Support Network for County Fermanagh
delivered the following key community development support activities to positively benefit and sustain County
Fermanagh's rural communities over the year.
71 Full Member Groups and 75 Associate Member Groups.
11 Network Management Committee Meetings.
Developing Group Capacity and Projects - 800+ Member Group support requests including develo.pment
assistance, funding information & project grant application assistance responded to during the year.
- 4 Member Group Support & Advice Work5hops1 Information/ Consultation event5.
Facebook, Twitter, and Website updated regularly, and inform(Ition updates circulated.
Network representation on twenty strategic/theme-based partnerships
FRCN continued strategic partnership with Lakeland Community Care Limited to deliver and expand the range
of healthy livinE, social engagement, and community relations projects, delivered within and Irom Belcoo
Healthy Living Centre.
FRCN have received funding from the Northern Ireland Housing Executive under their Sustaining Tenancies
Funding Programme to deliver the Erne West Sustaining Tenancies Project that is supportin8 NIHE tenants
living in the Erne West Area with a range of actions that have the overall aim of increasing their leve15 of social
interaction and wellbeing.
FRCN working in collaboration with Lakeland Community Care Limited have a contract to deliver the 'The
SPRING Rural Enhonced Sociol Prescribing Project (SREP), focusing on the communities in Erne West District
Electoral Area of County Fermanagh. This project is a collaborative partnership project led by Derg Valley Care
Healthy Living Centre on behalf of the Healthy Living Centre Alliance (H LCAI to deliver social prescriptions in
local communites across Northern Ireland. The rural enhanced project is funded by the Department of
Agriculture, Enviroment and Rural Affairs IDAERAI.
FRCN have been awarded a Start 14ere Progromme Grant from The Rank Foundotion which is being used for
ernployment of a new Community Developrnent Officer for three years. The Dvpurment of communitl¥s (DfC}
provide the tunding for tho Start Here Programme Grant awards under their Covid Employment and 5kille5
Initutive.
FRCN managed the Screggagh Windform Community Benefit Fund in which twenty-eight eligible community
& voluntary organi56tion5 received donations totalling E48,197.00.
FRCN are a Registered Helper Group with the Chority Commissionforlvorthern Ireland and advise and
support those group5 undergoing charity registration charities with their annual reporting.
FRCN have promoted the Community Plunning proce55for the Fermanogh ond Omagh district, are members of
the Community Volunt(Jry Sector Forum and Community Planning Strutegic Portnership Board.
FRCN are a member group of FerfTJanogh & Omagh Interagency Forum for Qlder People facilitated by South
West Age Partnership and comprises of a community, voluntary and statuiory organisations.
FRCN are a partner organisation on Lough Erne Landscape Portnership, which has the aim of reconnecting
local people with their Lough Erne Landscape and its built, natural & cultural history and heritage.
FRCN supported the 2014-2020 Rural Development Programme through working with Fermon(Jgh ond Omagh
Local Action Group, promoting funding opportunities available to local groups and businesse5.
Page 3

Fermanagh Rural Community Network
IA company limited by guarantee, not having a share capital)
DIREcfoRS' ANNUAL REPORT
For the year ended 31 March 2023
Review of Activities, Achievements and Performance
FRCN are supporting and have representation on Fermanogh and Omogh PEACEPLUS Partnership which has
been established to oversee the effective development and implmentation of a Local Community Peace Action
Plan. The Partnership formed in June 2022 is representative of communities acros5 the district and includes
Councilors, Social Partners and Statutory Representatives.
FRCN are members of Fermanagh and Omagh District Council's Agricultural Liason Group that undertakes
liaison with and makes representation to the relevant bodies and agencies on behalf of the rural communities
of the district.
FRCN are members of and have been Board representation on Rural Community Networks Nl the regional
voluntary organisation that afticu lates the voice of rural communities on issues relating to poverty,
disadvantage, and eqtjalitv.
FRCN organise the Annual Community Achievement Awards and Networking Event recognising achievements
of local Groups and Individuals. This event with the FRCN Annual General Meeting promotes and celebrates
the extensive levels of voluntary community activity taking place throughout County Fermanagh.
Fermanagh Rural Community Network Trustees have considered Charity Commission for Northern Ireland's
general guidance Dn public benefit when reviewing its objectives and in planning its future activities to ensure
that these achieve the networks purposes and provide a benefit to beneficiaries.
Financial Review
Fermanagh Rural Community Network is non-profit making with income in excess of expenditure of £4,513
The trustees and staff continue to manage resources in an efficient and sustainable manner.
Financial Results
At the end of the year the company has assets of £ 145,709 12022 £134,464) and liabilities of £ 61,431 12022 -
£54,700). The net assets of the company have increased by £ 4,514
Future Plans
Fermanagh Rural Community Network are focused on continuing its role as the Local Rural Support Network
for County Fermanagh and have secured funding to operate and maintain service provision to its beneficiaries.
Page 4

Fermanagh Rural Community Network
IA company Ilmited by guarantee. not having a share capital)
DIRECTORS, ANNUAL REPORT
For the year ended 31 March 2023
Directors
Louise McLaughlin-Borlace
Margaret Burleigh
Brian Richardson
Brian McManu5
Patrick Drumm
John McDonnell
Liam Jones
Iris Mahon
Rosemary Forde
Kathleen Breen
Pauline Car50n
Oliver Mccaffrey
Tony Harte
Noelle Walker
In accordance with the Memorandum and Articles of Association, the directors retire by rotation and, being
eligible, offor themselves for re-election.
Fermanagh Rural Community Network has a Resource Centre and staffed office maintained with a Network Co-
ordinator and Community Development worker and Administrator.
The secretary who served durin8 the year was:
Brian Richardson
Compliance with Sector- Wide Le8islation and Standards
The company engage5 pro-actively with legislation, standard5 and code5 which are developed for the sector.
Fermanagh Rural Community Network subscribes to and is compliant with the followinB'.
rhe Companies Act 2006
The Charities SORP IFRS 1021
Reserves Policy
Fermanagh Rural Community Network have a Reserves Policy, which requires that reserves are built or
maintained at a level which ensures that the organisation core activities could continue during a period of
unforeseen difficulty and that the organisations known liabilities will be paid should the organisation cease
to trade.
Public Benefits
The benefits which flow form the purpose of Fermanagh Rural Community Network are the provision of
practical support in the form of guiddnce, information and signp05ting to their full and affiliated members. A
benefit is also educational and networkinB opportunities being made available for member grou ps and the
community through accessing the knowledge and expertise of the locally based staff, using the facilities
provided in the resource centre and network services and programmes. Fermanagh Rural Community Network
provides the above benefits to their rural communities by directly tackling i55ues that are causing
disadvantage and poverty through- Empowering the voice of rural communities- Championing excellence in
community development practice- Developing civic leadership in rural communities through a community
development approach; Actively working towards an equitable and peaceful society- Promoting the sustainable
development of rural communities. These bonofits can be demonstrated through the Annual Reports of
Fermanagh Rural Community Networ1< and through ongoing monitoring and evaluation of work being carried
out. The beneficiaries of Fermanagh Rural Community Network are cornmunity groups and the general public
living in the area of benefit. There is no harm flowing from the purposes of Fermanagh Rural Community
Network.
Approved by the Board of Directors on 25th July 2023 and signed on its behalf:
Louise McLaughlin-Borlace
Director
ga
Director
Page 5
t Burleigh

Fermanagh Rural Community Network
IA company limited by guarantee, not having a share ￿PitalI
STATEMENT OF DIREcfoRS' RESPONSIBILITIES
Forthe year ended 31 March 2023
The directors are responsible for preparing the financial statements in accordance with applicable law and
regulations.
Cornpany law requires the directors to prepare financial statements for each financial year. Under that law the
directors have elected to prepare the financial statements in accordance with United Kingdom Generally
Accepted Accounting Practice (United Kingdom Accounting Standards and applicable lawl including FRS102
The Financial Reporting Standards applicable in the UK and Republic of Ireland, Section IA (Small Entities).
Under company law the directors must not approve the financial statements unless they are satisfied that they
give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for
that period.
In preparing these financial statements, the directors are required to-
select suitable accounting policies and apply them consistently;
make judgements and estimates that are reasonable and prudent.
state whether the f inancial statements have been prepared in accordance with the relevant financial
reporting framework, identify those standards, and note the effect and the reasons for any material
departure from those standards. and
prepare the financial statements on the going concern basis unless it 15 inappropriate to presume that the
company will continue in operation.
The directors confirm that they have complied with the above requirements in preparing the financial
statements.
In so far as the directors are aware..
there is no relevant information (information needed by the charity's independent examiner in connection
with preparing the independent examiners report) of which the charity's independent examiner in unaware and
the directors have taken all the steps that they ought to have taken to make themselves aware of any relevant
independent examiner information and to establish that the charity's independent examiner is aware of that
information.
The directors are responsible for keeping adequate accou nting records that are sufficient to show and explain
the company'5 transactions and disclose with reasonable accuracy at any time the financial position of the
company and enable them to ensure that the financial statements comply with the Charities Act (Northern
Ireland) 2008. They are also responsible for safeguarding the assets of the company and hence for taking
reasonable steps for the prevention and detection of fraud and othef irregularities.
Approved by the Board of Dirertors on 25th July 2023 and slgned on it5 behalf:
Louise McLaughlln-Borlace
Director
Ma
Bare
Director
Burleigh
Page 6

Fermanagh Rural Community Network
IA company limited by guarantee. not havlng a share capital)
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF DIRECTORS
OF FERMANAGH RURAL COMMUNITY NETWORK
We have examined the financial statements of the company for the year ended 31 March 2023, which comprise
the Statement of Financial Activities, the Summary Income and Expenditure Accounts, the Balance Sheet and
the related notes.
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the
Cornpanies Act 2006. Our work has been undertaken so that we might compile the financial statements that we
have been engaged to compile, report to the Board of Directors that we have done so, and state those matters
that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by
law, we do not accept or assume responsibility to anyone other than the company and the company's members,
as a body, for our work, or this report.
Respective responsibilities of dirertors and examiner
The company's trustees (who are the directors of the company for the purposes of company lawl are
responsible for the preparation of the financial statements in accordance with the requirernents of the
Companies Act 2006 and that an independent examination 15 required.
It is our responsibility to'.-
examine the financial statements under section 65 of the Charities Act,.
follow the procedures laid down by the general Directions given by the Charity Commission for Northern
Ireland under section 6519llbl of the Charities Act, and
state whether particular matters have come to our attention.
Basis of independent examiner's report
We have examined your company financial statements as required under section 65 of the Charities Act and
our examination was carried our in accordance with the general Directions given by Charity Commission
for Northern Ireland under section 6519llbl of the Charities Act. An examination includes a review of the
accounting records kept by the company and a comparison of the financial statements presented with those
records. It also includes consideration of any unusual items or disclosures in the financial statements and
seeking explanations from the directors concerning any such matters. The procedures undertaken do not
provide all the evidence that would be required in an audit and consequently no opinion is given as to
whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the
statement below.
In connection with our examination, no matter has come to our attention which Elves us cause to believe that
in any material aspect:
accounting records were not kept in accordance with section 386 of the Companie5 Act 2006
the financial statements do not accord with those accounting records
the financial statements have not been prepared in accordance with the accounting requirements of
section 396 of the Companies Act 2006 and with the methods and principles of the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standards applicable in the UK and Republic of Ireland IFR51021
there is further information needed for a proper understandin6 of the accounts to be reached.
Independent examiner's statement
We have no concern and have came across no other matters in connection wilh the examination to which
attention shou Id be drawn in this report in order to enable a proper understanding of the financial
state
ent5 to be reached.
Anthony Rasda
MacNeary Rasdale & Co Ltd
"Wellington House"
30 Darling Street
Enniskillen
Co. Fermanagh
Page 7

Fermanagh Rural Community Network
IA company limited by guarantee. not having a share capital)
STATEMENT OF FINANCIAL ACTIVITIES
For the year ended 31 March 2023
Unrestricted Re5trirted
Funds
Funds
2023
2023
Total
Unrestricted Restricted
Funds
Funds
2022
2022
Total
2023
2022
Notes
Incoming Resources
Charitable activities
Grants f rom governments
and other co-funder
Activitie5 for generating funds
Other income
156,790
156,790
9,014
120,419
129,433
18,229
1,299
18,229
1,299
1,281
1,281
rotal incomithg resources
1,281
156,790
158,071
28,542
120,419
148,961
Resources Expended
Charitable activities
153,558
153,558
23,086
120,419
143,505
Net incomingloutgoing
resources before transfers
Gr055 transfers ljetween
funds
1,281
3,232
4,513
5,456
5,456
Net movement in funds
for the year
1,281
3,232
4,513
5,456
5,456
Reconciliation of funds
Balance5 brought forward at
l April 2022
15
79,764
79,764
74,308
74,308
Balances carried forward
at 31 March 2023
81,045
3,232
84.277
79,764
79,764
The Statement of Financia l Activities includes all gains and1osse5 recognised in the year.
All income and expenditure relate to continuing activities.
Page 8

Fermanagh Rural Community Network
IA company limited by guarantee, not having a share capital)
SUMMARY INCOME AND EXPENDITURE ACCOUNT
For the year ended 31 March 2023
Statement of
Financial Activities
2023
2022
Gross income
Unrestricted funds
Re5trirted funds
62,737
95,334
158,071
148,961
Total Income
Total expenditure
158,071
148,961
1153,5581 1143,5051
Net incomellexpendlturel
4,513
5,456
The company has no recogni5ed gains or losses other than the results for the year. The Tegults for the year have
been calculated on the historical cost bas1$.
Page 9

Fermanagh Rural Community Network
IA company limited by guarantee, not having a Share capital)
BALANCE SHEET
as at 31 Morch 2023
2023
2022
Notes
Fixed Assets
Tangible asset5
io
11,891
14,864
Current A55ets
Debtors
Cash at bank and in hand
li
7,148
126,670
133,818
72,847
46,753
119.600
Creditors.. Amounts falling due
within one year
12
160,2871
153,2761
Net Current Assets
73,531
66,324
Total A55ets less Current Liabilities
85,422
81,188
Grants receivable
13
11,1441
11,4241
Net Assets
84,278
79.764
Funds
Restricted trust funds
Gener31 fund lunrestrictedl
84,278
79,764
Total funds
15
84,278
79,764
These financial statements have been prepared in accordance with the special provisions relating to small
companies within Part IS of the Corllpanies Act 2006.
For the financial year ended 31 March 2023 the company was ent￿tled to exemption from the audit under section 477
of the Companies Act 2006,, and no notice has been deposited under section 476.
The directors confirm that the members have not required the company to obtain on audit of its financial statements
for the year in question in accordance with gection 476 of the Companies Act 2006.
The directors acknowledge their re5pon5ibilities for ensuring that the company keeps accounting records which
comply with Section 386 and for preparing financial statements which give a true and fair view of the state of affairs
of the company as at the end of the finè ncial year and of its profit and loss for the financial year in accordance with
the requirements of sections 394 ènd 395 and which otherwise comply with the requirements of the Companies Act
2006 relating to financial statements, so far a5 applicable to the company.
The financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small companies, regime and in accordance with FRS 102 ' The Financial Reporting Standard applicable in the
UK and Republic of Ireland,, applying Section IA of that Standard.
Approved by the Board of DSrectors and authorlsed for i55ue on 25th July 2023 and signed on 5ts behalf by:
Louise McLaughlin-Borlace
Director
Ma
aret Burlel
Director
Page 10

Fermanagh Rural Community Network
IA company Ilmited by guarantee, not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2023
GENERAL INFORMATION
Fermanagh Rural Community Network is a company limited by Euarantee not having 3 share capital incorporated in
Northern Ireland. The registered office ol the company is 3 Queen Street, Enniskillen, Co. Fermanagh, BT74 7JR which
is also the principle place of bLJsiness of the company. The f inancial statements have been presented in Pound
Sterling 1£) which is also the furictional currency of the company.
ACCOUNTING POLICIE5
I'he following accounting policies have been applied consistently in dealing with items which are considered
material in relation to the charity's financial statements.
Basis of Preparation
The financial statement5 hdve been prepared under the historical cost convention and in accordance with the
Companies Act 2006 and Part 8 of the Chariti@s Act (Northern Irelandl 2008. They also comply with the Statement of
Recommended Practise ISORP 2005. a5 updated in 20081 and with the financial reporting standards. The following
accounting policie5 have been applied consistently in dealing with item5 which are considered material in
relation to the company'5 financial statement5.
Statement of compliance
The financial statements of the company for the year ended 31 March 2023 have been prepared on the going
concern basi5 and In accordance with the Statement of Recommended Practice ISORPI ' Accounting and Reporting by
Charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021 leflective l January 20151, and FR5102 'The Financial Reporting Standard applicable
in the UK and Republic,, applying Section IA of that Standard.
Cash flow statement
The company hè5 availed of the exemption in FR5102 from the requirement to produce a cash flow staternent
because it is classified as a small companv.
Incoming Resources
Voluntary income or capital is included in the Statement of Financial Activities when the company is legally entitled
to it, its financial value ca n be quantified with reasonable certainty and there is reasonable certainty of its ultimate
receipt. Entitlement to legacies is considered established when the company has been notified of a distribution to
be made by the executor5. Income received in advance of due performance under a contract is accounted for as
deferred income until earned, Grants for activities are recognised as income when the related conditions for legal
entitlement have been met. All other income is accounted for on an accruals basis.
Resources Expended
All resources expended are accounted for on an accruals basi5. Charitable activities include cost5 of services and
grants, 5UPPQrt cust5 and depreciation on related assets. Cost5 of generating fundy similarly include fundraising
activities. Nuri-slaff cost5 not attributed to one category of activity are allocated Df apportioned pro-rata to the
5taffiiig ol the relevant service Finance, HR, IT and administrative staff costs are directly attributable to individual
¢lCtivities by objective. Governance costs are those associated with constitutional and statutory requirements.
Tangible fixed asset5 and depreciatiot)
Tangible fixed a55ets are stated at cost or at valuation, le55 3ciumulated depreciation. The charge to depreciation
15 calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value,
over their expected u5eful1ives as follows=_
Fixtures, fittings and equipment
-20% reducing balance
Debtor5
Debtor5 are reco8ni5ed at the settlement amount due after any discount offered. Prepayments aTe valued at the
amount prepaid net of any trade discounts due. Income recogni5ed by the company from government agencie5 and
other co-funders, but not yet received at year ended, is included in debtors.
Cash at bank and in hand
Cash at bank and in hand comprises cash on deposit at bank5 requiring less than three months notice withdrawal.
Page 11

Fermanagh Rural Community Network
IA company limited by guarantee, not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2023
raxation and deferred taxatlon
No current or deferred taxation arises as the company has been granted charitable exemption. Irrecoverable valued
added tax 15 expensed as Incurred.
3. GOING CONCERN
Tho DirectorS￿rUsteeS envisage that based on future funding opportunities the company will be performing on a
much lesser scale. The Directorsnru5tees confirm that it is appropriate to prepare the financial statements on a
going concern basis. The financial 5t?tements do not include any adjustments that would result if the going concern
basis was not appropriate.
4. INCOME
4.1 CHARITABLE ACTIVITIES
Unrestricted Restricted
Funds
Funds
2023
2022
Screggagh Wind Farm
DAERA - Rural Community Development Support Service
Fermanagh & Omagh District Council
Lakeland Community Care
NI ST ART
Co-op Ireland Safe
Dfc Volunteering
NIHE
Arc HLC
SPRIN
56,497
154
56,497
154
600
38,557
20,000
49.486
200
16,721
53,855
600
38,557
20.000
5,063
157
126
126
23,379
23,375
3,951
6,322
135,755
17,481
61,456
17,481
156,790
95,334
4.2 OTHER TRADSNG ACTIVITIES
Unrestricted Restritted
Funds
Funds
2023
2022
Other Funds Generated
11,907
Unrestricted Restricted
Funds
Funds
2023
2022
4.3 OTHER INCOME
Other income
1,281
1,281
1,299
Page 12

Fermanagh Rural Community Network
IA company limited by glbarantee. not having a share capitall
NOTES TO THE FINANCIAL STATEMENTS
forthe year ended 31 March 2023
EXPENDITURE
5.1 CHARITABLE ACTIVITIES
Direct
Costs
Other
Costs
Support
Costs
2023
2022
Screggagh Wind Farm
ARC HLC
Fermanagh & Omogh District Council
IRS Grant
Lakeland Community Care
LCC Co op Food
Co-op Ireland Safe
Dfc Volijnteering
Covid Grant
NIHE
NI START
SPRING
57,391
57,391
49,486
3,951
16,721
600
600
38,557
38,557
53,855
1,500
5,063
10407
23,131
20,000
244
23,375
20,000
13,635
153,558
13,635
71,870
2,522
143,505
81,688
5.2 SUPPORT COSTS
2023
2022
Travel and Subsistence
Training and networking events
General office expenses
Accountancy fees
Legal and professiona5 fees
Group Support
2,777
1,661
3,083
1,140
5,818
57,391
71,870
1,561
5,509
3,516
1,140
7,773
49,486
68,985
6. ANALYSIS OF SUPPORT COSTS
2023
2022
Basis of Apportionment
Direct Costs
Direct Cost5
Direct Cost5
Direct Costs
Direct Costs
Direct Costs
Travel and Subsistence
TraininE and networking events
General office expense5
Accountancy fees
Legal and professional fees
Group Support
2,777
1,661
3,083
1,140
5,818
57,391
71,870
1,561
5,509
3,516
1,140
7,773
49.486
68.985
7. NET INCOMING RESOURCES
2023
2022
Net Incoming Resources are stated after charging/lcreditingl-
Depreciation of tangible assets
Amortisation of grants receivable
2,973
12801
2,693
3.716
13571
3,359
8. INVESTMENT AND OTHER INCOME
2023
2022
Amortisation of capital grants received - SEUPB
Amortisation of capital grants- DARD
Amortisation of capita1 grants - Dfc
66
88
126
280
89
iii
157
357
Page 13

Fermanagh Rural Community Network
IA company limited by guarantee, not having a share capitall
NOTE5 TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2023
9. EMPLOYEES AND REMUNERATION
The average number of persons employed (including executive directors) during the year wa5 a5 follows..
2023
Number
2023
Number
Administration
The staff costs comprise:
2023
2022
Wages and salaries
Pension costs
73.931
4,784
78,715
65.459
4,741
70,200
10. TANGIBLE FIXED ASSETS
Fixtures.
fitting5 and
equipment
Total
Cost
At l April 2022
Additions
36,132
36,132
At 31 March 2023
36,132
36,132
Depreciation
At l April 2022
Charge for the year
21,268
21,268
2,973
24,241
2,973
24,241
At 31 March 2023
Nei book value
At 31 March 2023
11,891
11,891
At 31 March 2022
14,864
14,864
11. DEBTORS
2023
2022
Other debtors
Prepayments and accrued income
7,148
72.847
7,148
72,847
12. CREDITORS
Amount5 falling due within one year
2023
2022
Other creditors
Accruals ar)d deferred income
1,140
56,497
59,147
1,140
52,136
53,276
Page 14

Fermanagh Rural Community Network
IA company limited by guarantee, not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
forthe year ended 31 March 2023
13. GRANTS RECEIVABLE
2023
2022
Capital grants received and receivable
At l April 2022
Increase in year
6,911
6,911
As 31 March 2023
6,911
6,911
Amortisation
At l April 2022
Amortlsed in year
15,4871
12801
15,1301
13571
At 31 March 2023
15,7671
15,4871
Net book value
At 31 March 2023
1,144
1,424
At l April 2022
1,424
1,781
14. RESERVES
2023
2022
At l April 2022
for the year
79,764
4,513
74,308
5,456
At 31 March 2023
84,277
79,764
15. FUNDS
15.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unrestrirted Restrlrted
Funds
Funds
Total
Fund5
At l April 2021
Movement during financial year
74,022
5,456
79,621
143
74,308
5,456
79,764
143
At 31 March 2022
Movement during financial year
1,424
3,089
4,513
At 31 March 2023
81,045
3,232
84,277
Pa8e 15

Fermanagh Rural Community Network
IA company limited by guarantee, not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
forthe year ended 31 March 2023
15.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
l April
202Z
Income
Expenditurè
Transfers
between
funds
Balance
31 March
2023
DAERA
Fermanagh & OmaBh District Council
Screggagh Windf3rm
Miscellaneous income
Lakeland Care
CO-OP Ireland Safe
DFE Syrian Project
Dfc Volunteering
NIHE
SPRING
NI START
154
600
56,497
1,281
38,557
154
600
56,497
8,152
9,433
38,557
126
23,375
17,481
20,000
158,071
126
23,375
14,249
20.000
153,558
3,232
8,152
12,665
Unrestricted Irb¢ome
Fermanagh Rural Community Network
Clear Small Grant
H5CB
Arc HLC
SWAP Training
Fcrmanagh Trust
OakHLC
Covid Grant
26,677
1,044
3,000
9,534
600
3,000
5,100
22,657
71,612
26,677
1.044
3.000
9.534
600
3.OOD
5.100
22,657
71,612
Total fund5
79.764
158.071
153.558
84,277
16. STATUS
The company is limited by guarantee not having a shère capital.
The liability of the members is limited.
Every member of the company undertakes to contribute to the a55ets of the company in the event of its being wound
up while they are members, or with one year thereafter, for the payment of debts and liabilities of the companv
contracted before they ceased to be members, and the costs, charges and eypenses of winding up, and for the
adjustment of the ri8hts of th2 contributors among themselve5, such amount as may be required, not exceeding £1.
17. POST-BALANCE SHEET EVENTS
There have been no signif icant events affecting the Charity since the year-end.
Page 16

FERMANAGH RURAL COMMUNITY NETWORK
IA company limited by guarantee. not havin8 a share capital)
SUPPLEMENTARY INFORMATION
RELATING TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Page 17

Fermanagh Rural Community Network
IA company limited by guarantee. not having a share capital)
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS
Operating Statement
forthe year ended 31 March 2023
2023
2022
Income
Covid Grant
LCC Co op Food
Screggagh Wind Farm
Fermanagh & Omagh Distrlct Council
Co-op Ireland Safe
Arc HLC
NI START
Other income
Lakeland Community Care Limited
NIHE
SPRING
10,407
1,500
49,486
16,721
5,063
3,951
56,497
600
20.000
1,281
38.557
23.375
17.481
1,299
53,855
6,322
157.791
148,604
Expenses
Wages and Salarie5
Staff defined contribution pension cost5
Training and beneficiarie5
Networking events
Insurance
Printing, postage and stationary
Advertising
Telephone
Travel expenses
Legal and professlonal
Accountancy
Group Support
ank charges
Genera5 Expenses
Depreciation
73,931
4,784
887
774
1,778
131
132
65,759
4,741
5,024
485
1,640
514
173
2,777
5,818
1.140
57.391
269
773
2,973
153,558
1,561
7,773
1, 140
49,790
238
951
3,716
143,505
Miscellaneous Income
Amortisation of capital grants received SEUPB
Amortisation of capital grants DARO
Amortisation ol capital grant5 - Dfc
66
88
126
280
4,513
89
iii
157
357
5,456
Net Ideficitllsurplus
Page 18