Company Registration number: N1621003
Charity number: NIC100318
Killyleagh Football Club
(Company Limited by Guarantee)
Annual report and Financial Statements
Year anded 31 March 2023
KPS Chartered Accountants
Chartered Tax Advisers
Registered Auditors
35 Irish Street
Downpatrick
Co Down
BT30 6BW

Killyleagh Football Club
FinanGial StateTnents
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
10-17

Killyleagh Football Club
Charity Reference and Administrative Details
Year Ended 31 March 2023
Company registration number
N1621003
HMRC Charity Reference
NIC100318
Trustees
Mr Darren Brown
Mi Adrian Collins
Mr Francis Gibson
Mr David Heron
Mr Hugh Ross
Company Secretary
Mrs Valerie Heron
Registered office
48(a) Ballydom Road
Killinchy
Newtownards
Co Down
BT23 6QB
Accountants
KPS Chartered Accountants
Chartered Tax Advisers
Registered Auditors
35 Irish Street
Downpatrick
BT30 6BW
Bankers
Ulster Bank Limited
High Street
Killyleagh
BT30 9QF
Solicitors
Stewarts Solicitors
Campbell Bates House
The Square
Comber
Co Down
BT23 5DT

Killyleagh Football Club
Tru5tee5' Annual Report
Year Ended 31 March 2023
The Trustees present their report and the unaudited financial statements of the charity for the year ended 31
March 2023 which complies with the requirements for a directors, report and accounts under the Companies
Act 2006. 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 directors of the charitable company are its trustees for the purposes of charity law. The trustees as listed
on page 3, who have served during the year ended 31 March 2023 and since the year end were as follows..
Mr Darren Brown
Mr Adrian Collins
Mr Francis Gibson
Mr David Heron
Mr Hugh Ross
Objectives and activities
Killyleagh Football Club provides a cross community social recreational facility with an emphasis on sporting
activities and leisure activities within the locality and its environs without distinction of age, sex, race,
political, religious or other opinion and also provides facilities in the interests of social welfare for recreation
and leisure time occupation, with the objective of improving conditions of life for users.
Killyleagh Football Club currently runs seven football teams. encompassing men, women and youths aged
be￿een eight and eighteen. The Club provides leisure facilities for the residents of Killyleagh and the
surrounding area for the playing of football. Killyleagh Football Club provides facilities for the community of
Killyleagh and the surrounding area for non-sporting activities, trainings and workshops, functions and
community events.
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.
Achlevement5 and Performance
Various activities were held covering a wide range of sporting and educational themes. A strict financial
regime ensures that we are able to meet all our commitments with a healthy reserve.
Financial review (including reserves policy)
The results for the year are set out in detail on pages 10 to 19. The charitable company had a deficit in the
year of £27,548 (2022. £20,165). At 31 March 2023 the total funds or tne cnarity amounted to £40,767
(2022: £68,315) comprising restricted funds of £31,077 (2022.. £49.668) and unrestricted funds of £9,690
(2022.. 18,647)
Reserrfes Policy
Sound financial control and a robust policy of charging sensible rates for the use of facilities ensure we have
established a level of reserves to enable the club to cope with any unforeseen costs that may arise.
Plans for future periods
The aim of the trustees is to continue the path followed over the last few years maintaining the policy of
sound management by monitoring all aspects of our finances and encouraging community support for all
activities.

Killyleagh Football Club
Trustees, Annual Report
Year Ended 31 March 2023
Structure, governance and management
Governing document
The organisation is a charitable company limited by guarantee that was incorporated on 18 October 2013.
The company was established under a Memorandum of Association which established the objects and
powers of the charitable company and is governed under its Articles of Association. In the event of the
company being wound up members are required to contribute an amount not exceeding £1.
Killyleagh Football Club is run by trustees assisted by a management committee who manage the charity's
facilities on a day to day basis. The charity is fully compliant with all insurance, licence and fire regulations
and child Protection legislation and is committed to provide a valuable service to all in the Killyleagh and
district area.
ReGruitment and Appointment of Management Committee
A director of the company is also a charity trustee for the purposes of charity law under the company's
Articles. Under the requirements of the Memorandum and Articles of Association the trustees are elected by
the members present at the annual general meeting and shall hold office until the next annual general
meeting.
Risk Management
The trustees have reviewed the major risks which the charity fa￿S and believe that maintaining unrestricted
reserves at the required levels and combined with an annual review of the controls over the key financial
systems will provide sufficient resources in the event of adverse conditions. The company continues in its
commitment to meeting the highest standards of good governance and best practice.
Further attention has focused on non-financial risks arising from fire, health and safety and child protection.
A key element in the management of financial risk is the setting of a reserves policy and its regular review by
trustees.
Trustees, responsibilities
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 Accounting Practice).
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 ana fair view of the state of affalrs 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-,
observe the methods and principles in the Charities SORP (FRS 102).,
make judgements and estimates that are reasonable and prudent.,
state 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 Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.

Killyleagh Football Club
Trustees. Annual Report
Year Ended 31 March 2023
SMALL COMPANIES EXEMPTION
This report has been prepared in accordance with the special provisions for small companies under part 15
of the Companies Act 2006.
Signed on behalf of the board of trustees on ..S.. ]- IL:I
Daw
urra
Chairperson

Killyleagh Football Club
Independent examinerfs Report
Year Ended 31 March 2023
Independent Examiner's Report to the Trustees of Killyleagh Football Club
I report on the accounts of the company for the year ended 31 March 2023 which are set out on
pages 3 to 17.
Respective responsibilities of trustees and examiner
As the charity's trustees you are responsible for the preparation of the accounts in accordance
with the Companies Act (Northem Ireland) 2006.
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 with 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 ot 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 386 of the Companies 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 Companies Act
4. That there is further information needed for a proper understanding of the accounts to be
reached.
Independent examiner's ststement
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.
Kyran Smy
KPS Chartered Accountants
Chartered Tax Advisers
Registered Auditors
35 Irish Street
Downpatrick
BT30 6BW
Date:

Killyleagh Football Club
Statement of Financial Activities
Year Ended 31 March 2023
Restricted
funds
Unrestricted funds
Total
Total
Note
2023
2022
Income:
Donations
Charitable activities
Grants
Gross profit l{loss) from
Bar supplies account
Investment income
Total income
615
11.333
615
11,333
1,780
10,550
8.596
14
20,558
8,596
14
20,558
5,680
18,011
Expenditure on:
Charitable activities
Governance Costs
Total expenditure
Net income I
(expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought
forward
Total funds carried
forward
28,782
733
29,515
18.591
47,373
733
48,106
37,576
GOO
38,176
18,591
(8,957)
(18,591)
(27,548)
{20,165)
16
18.gS7)
{18.591
(27.548)
(20.165)
16
18,647
49,668
68,315
88,480
16
9,690
31,077
40,767
68,315
All income and expenditure derives from continuing activities.
The statement of financial activities includes all gains and losses recognised during the year.

Killyleagh Football Club
Balance Sheet
Year Ended 31 March 2023
2023
2022
Note
Fixed assets
Tangible assets
12
34,086
59,707
Current assets
Stock
Debtors
Cash at bank & in hand
13
14
847
209
7,356
8,412
606
209
9,179
9,994
Creditors: amounts falling due within one year
15
(1,731)
{1,386)
Net CLirr@nt assÈts
6,681
8.608
Total assets less current liabilities
40,767
68,315
Creditors: amounts falling due after more than
one year
Net assets
40,767
68,315
Charity Funds
Restricted funds
Unrestricted funds
16
16
31,077
9,690
49,668
18.847
Total charity funds l (deficit)
40,767
68,315
These Financial statements have been prepared in accordan￿ with the special provisions relating to
companies. subject to the small companies regime within part 15 of the Companies Act 2006.
The financial statements were approved and authorised for issue by the Board on
Signed on behalf of the board of trustees
Da
n Murray. Chairperson
Company registration number.. N1621003

Killyleagh Football Club
Notes to the Financial Statements
Year Ended 31 March 2023
Summary of significant accounting policies
(a) General information and basis of preparation
Killyleagh Football Club is a company limited by guarantee in Northern Ireland. In the event of the
charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the
charity.
The address of the registered office is given in the charity infomiation on page 3 of these financial
statements. Killyleagh Football Club provides a cross community social recreational facility with an
emphasis on sporting activities and leisure activities within the locality and its environs without
distinction of age sex race political, religious or other opinion and to provide facilities in the interests of
social welfare for recreation and leisure time occupation, with the objective of improving conditions of
life for users.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have
been prepared In accordan￿ with Accounting and Reportlng by Charitie5. 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. the Companies Act 2006, the Registration of Clubs
(Accounts) Regulations (Northern Ireland) 1997 and UK Generally Accepted Accounting Practice.
The charity has applied Update Bulletin 1 as published on 2 February 2016 and 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 con￿rn basis under the historical cost convention,
modified to include certain items at fair value. The financial statements are presented in sterling which
is the functional currency of the charity and rounded to the nearest £.
The significant 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 charity for particular purposes. The cost of raising and
administering 5UGh fund5 are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
Ic) Income recognition
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is
legally entitlecj to the income after any perf0rrnan￿ conditions have been met, tlie diiiouill Ldll 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 Gharity and it is probable that they will be
fulfilled.
Donated facilities and donated professional services are recognised in income at their fair value when
their economic benefit is probable, it can be measured reliably and the charity has control over the
10

Killyleagh Football Club
Notes to the Financial Statements
Year Ended 31 March 2023
item. Fair value is determined on the basis of the value of the gift to the charity- For example, the
amount the charity would be willing to pay in the open market for such facilities and services. A
corresponding amount is recognised in expenditure.
No amount is included in the financial statements for volunteer time in line with the SORP {FRS 102).
Further detail is given in the Trustees, Annual Report.
(d) 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
lollowiiig lieadings.
Expenditure on charitable activities- and
Governance costs.
Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.
(e) Support costs allocation
Support costs are those that assist the work of the charity but do not directly represent charitable
activities and include office costs, governance costs, administrative payroll costs. They are incurred
directly in support of expenditure on the objects of the charity. INhere support 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 8.
(4 Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation
and accumulatcd impairment I0￿seS. Cost includes costs directly attributable to making the assot
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..
Training Facility
Land and buildings
Plant & Machinery
Fixtures and fittings
10°h Straight line
24 years Straight line
200/0 Reducing balance
100/0 Reducing balance
Prior to incorporation the Company obtained an extension to its lease from Killyleagh, Killinchy,
Kilmood & Tullynakill Farming Society for a period of 25 years. Provision has been made in the
Accounts to write off Land and buildings expenditure over the unexpired duration of the lease on
incorporation of 24 years.
(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.
11

Killyleagh Football Club
Notes to the Financial Statements
Year Ended 31 March 2023
(h) Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at
each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's
cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount
exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is
carried at a revalued amount where the impairment loss is a revaluation decrease.
(i) Provisions
Provisions are recognised when the charity has an obligation at the balance sheet date as a result of a
past event, it is probable that an outhow of economic benefits will be required in settlement and the
amount can be reliably estimated.
ti) Tax
KIIIyleagh Football Club Is recognised as a charity for the purpo￿￿eS of appliGable taxation legislation
and is therefore not subject to taxation on its charitable activities.
(k) Going 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 ot tunds 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.
(l) Judgements and key sources of estimation uncertainty
Estimates and judgements made in the process of preparing the financial statements are continually
evaluated and are based on historical experience and other factors, including expectations of future
events that are believed to be reasonable under the circumstances. The Trustees do not consider that
there are any critical judgements made in applying these charity accounting policies or that there are
any critical accounting estimates or assLimptinnq which may have a significant risk of causing a
material adjustment to carrying amounts of assets and liabilits-es within the next financial year.
Income from donations and legacies
2023
2022
Donations
615
1,780
Income from gifts (donations) was all attributable to unrestricted funds.
Income from charitable activities
2023
2022
3G Income
Fundraising- 100 Club
Membership Subscription
Gate receipts
Other income
3,840
5,315
(140)
1,570
3,615
190
1,279
2,128
4,086
11,333
10,550
Income from charitable activities was attributable to unrestricted funds.
12

Killyleagh Football Club
Notes to the Financial Statements
Year Ended 31 March 2023
Number of Member subscriptions by category are:
2023
2022
Full members
Associate members
Ladies l Juniors
57
19
80
78
140
156
Grants
2023
2022
Ski 2nd Sports Grant
Sport Nl
Irish FA
Income of £Nil (2022= £Nil) was attributable to unrestricted funds. Income of £Nil (2022= £NilJ was
attributable to restricted funds.
Bar Supplies Account
2023
2022
Income
Bar supplies
Expenditure
Opening bar stock
Bar purchases
Closing stock
13,338
8,508
606
4,983
(847)
120
3,314
606
Total expenditure
4,742
2,828
Gross Profit
8,596
5,680
Gross profit percentage
Income from bar supplies was attributable to unrestricted funds.
64.44%
66.76 %
Income from investments
2023
2022
Bank interest received
14
14
Income from investments was attributable to unrestricted funds.
13

Killyleagh Football Club
Notes to the Financial Statements
Year Ended 31 March 2023
Analysis of expenditure on charitable activities
2023
2022
Rent and rates
Light, heat & power
Insurance
Repairs & Maintenance
Officials expenses- Referees
Grant expenditure
Team expenses
Donations
Sundry expenses
Advertising
Other fees
Licence fees
Bank charges
Bank loan interest payable
Depreciation of training facility
Depreciation of land and buildings
Depreciation of plant & machinery
Depreciation of fixtures and fittings
1,375
2,999
3,155
4,556
1,465
384
1.064
2,879
1,564
2,013
6,319
3,674
326
312
1,520
37
27
18,591
6,834
113
83
18,591
6,834
142
92
47,373
37,576
£18,591 (2022: £18,591) of the above costs were attributable to restricted funds. £28,782 (2022".
£18,985) of the above costs were attributable to unrestricted fijndq
Independent examiner's remuneration
2023
2022
Governance
733
600
733
600
Net income l (expenditure) for the year I period
Net income l (expenditure) is stated after charging l (crediting):
2023
2022
Depreciation of tangible fixed assets
25,621
25,659
14

Killyleagh Football Club
Notes to the FinanGial StateTnents
Year Ended 31 March 2023
10 Trustees. and key management personnel remuneration and expenses
The trustees neither received nor waived any remuneration during the year £nil (2022= £Nil).
The total amount of employee benefits received by key management personnel is
£nil (2022 - £nil). Key management personnel are considered to comprise the trustees.
No (2022 - none) trustees are accruing pension arrangements.
The trustees did not have any expenses reimbursed during the year (2022 - £nil).
11 Staff costs and employee benefits
The average monthly number of employees and full time equivalent during the year was as follows..
2023
2022
Charitable activities
12 Tangible fixed assets
Training
Facility
Land and
buildings
Plant &
Machinery
Fixtures
and
fittings
Total
Cost or valuatlon..
At 1 April 2022
Additions
At 31 March 2023
Depreciation:
At 1 April 2022
Charge for the year
At 31 March 2023
Not book valuo:
At 31 March 2023
185,910
164,019
7.678
14,812
372,419
185,910
164.019
7,678
14,812
372,419
148,728
18,591
167,319
142.887
6,834
149,721
7,111
113
7,224
13,986
83
14,069
312,712
25.621
338,333
18.591
14,298
454
743
34,086
At 31 March 2022
37,182
21.132
567
826
59,707
The value of non-depreciable land held within Land & Buildings is nil (2022.. nil).
The club received a grant from Newry, Mourne and Down District Council for expenses incurred on the
construction of a 3G training pitch. The club has pledged security by way of a charge over the lands
held in folio DN196380L.
The club received financial assistance from the Department of Agriculture and Rural Development.
The club pledged security by way of a charge over the lands and premises comprised in and demised
by a lease dated 10 October 2013 and held in folio DN196380L.
15

Killyleagh Football Club
Notes to the Financial Statements
Year Ended 31 March 2023
13 Stocks
2023
2022
Bar stock
other stock
847
606
847
606
14 Debtors
2023
2022
Prepayments
Accrued income
209
209
209
209
No amounts included in debtors arc falling due after one year.
15 Creditors: amounts falling due within one year
2023
2022
Trade creditors
Accruals
Other creditors
213
1,518
200
1,186
1,731
1,386
16
Fund reconciliation
Unrestricted funds
Balance at 1
April 2022 Income Expenditure
Balance at
31 March
2023
Transfers
General funds
18,647
18,647
20,558
20,558
29,515
29,515
9,690
9,690
Restricted funds
Balance at 1
April 2022 Income
Balance at
31 March
2023
Expenditure Transfers
Nl Housinq Executive
Down District Council
DARD
DDC & Sports Council
1,977
8.020
30,112
9,559
741
3,001
11,271
1,236
5,019
18,841
5,981
49,668
18,591
31,077
16

Killyleagh Football Club
Notes to the Financial Statements
Year Ended 31 March 2023
Fund descriptions
Unrestricted funds
General Purpose Fund this is a fund available at the discretion of the Trustees in respect of the
furtherance of the objectives of the charity.
Restricted funds
Nl Housing executive - funding received to assist in the construction of additional training facilities.
Down District Council funding received to assist in the construction of additional training facilities.
Dept of Agricultural and Rural Development - funding received to assist in the construction of
additional training facilities.
Grant l Loan - funding received to assist in the development of the club.
Youth Grant- funding re￿1Ve￿ for expendlture on sports equipmenL
17 Analysis of net assets between funds
Unrestricted
funds
Restricted
funds
Total
Fixed assets
Current assets
Creditors
3,009
8,412
(1.731
31,077
34,086
8,412
(1,731
9,690
31,077
40,767
17