REGISTERED COMPANY NUMBER: N1071575 (Northern Ireland) REGISTERED CHARITY NUMBER: 100403 Report ofthe Trustees and Unaudited Fin8neig1 St4temeDts for the Ye4r Ended 31 October 2024 ror Kilkeel Charitable Trust M.B.McGrddy & Co Chartered Accountants Raihmore House 52 St Patricks Avenue Downpatrick Co. t)own BT30 6DS
Kilkeel Charitable Trust Contents of tbe Financial Statements for the Year Eded 31 October 2024 Page Report of the Trustees Independent Examiner's Report Ststement of Financial Aetivities Balance Sh¢et Notes to the Financial Statements 8 to 13
Kilkeel Charitable Trust Report of the Truste for the Year Ended 31 Oetober 2024 The ttwstees who are also directors of the ¢harity for the purposes of the Companies Act 2006. present their report with the financial slatemenls of the charity ftir the year ended 3 l October 2024. The lrnstees have adopted the provisions of Accouniing and Reporting by Charities: Statement of Recommended Prdctice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Lreland (FRS 102) (effeclive l January 2019). OBJECTIVES AND ACTIVITIES Objectives and ain)s The company is established to promote the development of community based projects which will enhance individual's skills. confidence and well-being. Significant activities The charity has been delivering a programme of personal well-being through their involvement with the Healthy Living Centr¢ Alliance. This is a network of community led health improvement organisations based in areas of high health inequalities throughout Northern Ireland. The charity has initiated a number of prograinmes within the Kilkeel coinmunity aimed at initiatives to encourage individuals to tske control of Iheir own health and well-being. The programmes delivered within the community offer support to people to self manage long lemi chronic pain relief to encouragement on activities to enhancc both individual physical and mental health 0Very and the individual's inner well-being. Publle benefit The public benefit afforded by the charity to the inhabitants of Kilkeel and the local wider community is the knowledge that there is a support group providing access to programmes aimed io promote and facilitate i55ues encountered in today's stressful and hectic modern life. With the pressures upon individuals in ternis of mental and physi¢al wellbeing the charity offers a channel whereby those Én the community with physical and emotiOEkal issues ¢an seek guidance through targetted programmes and with ihe knowledge that they are not isolated with no avenue of support. This is the role and purpose of Kilkeel Charitable Trust within the cominunity. ACHIF.VEMENTS AND PERFORMANCE Charitable activlties The charity continues to play an important role in th¢ Ial Community of Kilkeel through its initiatives surrounding both physical and mental health well-being. Within the financial year KiEkeel Charitable Trust delivered additional programmes through "Better Health Through Better LivTng" and "Better Days" Programmes. In conjunction wÈth the Healihy Living Centre Alliance programme5 were brought to th¢ community to enable those to develop better lifestyle choices which impacts on health through support and promotion of diet awareness to those who are seeking ways and means to self rnanage ¢hronic pain in their life. In going fonvard the charity is introducing a social prescribing programme which Seeks to increase access and encourage activities to eTthance the participators well-being but also to bring our their positivity and outlook towards life. The promotion of community adhesion was Strenghten through funding to promote a luncheon club within area of Kilkeel and to provide support to those during this Cost of living period. FINANCIAL REVIKW Principal funding sources The charity continues to Seek funding streams as part of iheir membership of the Healthy Living Centre Alliance through which they deliver community based projects designed lo promote personal well-betng programines to aid mental and physical health support to reduclng rsOnal swial isolation. Funding is also obtained from charitable bodies such as the Community Foundation Northem Ireland whereby grant support is secured to to allow the charity to focus on Community led projects aimed at improving the lives of individuals. Reserves policy The reserves policy of Kilkeel Charitable Tst 15 to maintain an operating surplus on an ongoing basis thereby accumulating unrestricted funding reserves. These reserves are to be retsined in order to meet precautionary financial requirements.
Kilkeel Charitable Trust Report of the Trustees for the YeAr Ended 31 October 2024 FINANCIAL REVIEW Going concern After inaking appropriate enquiries the board of trustees has a reasonable expectation that the trust has adequate support to continue in operational existence for the foreseeable future. For thi5 reason it continues to adopt the going coT)cern basis in preparing the financial staternents. FUTURE PLANS The charity will seek to ensure the provision of commwiity led project5 and to support the delivery of these to the benefit of the members of the Ial community. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The coinpany's name is "Kilkeel Charitable Trust" The organisation is a charitable company limited by guarantee. incorporated on the 26th January 2009, and registered as a charity on the 25th September 2014. The company was established under a Memorandum of Association which established th¢ obje¢ts and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up meinbers are required to contribute an ainount not exceeding £1. The Directors of the Company for the purposes of charity law and under the eompanY5 Articles of Association shall manage the business of the company and exercise all the powers of the company. Each year one third of the directors shall retire by rotation from olCe and being ¢ligibl¢ offer themselves for re-election. Due to the nature of the charity's work ihe Directors seek to ensure that the needs of the community are appropriately reflected though the diversity of the directors. To enhance this Directors are sought who have an inleresl and understanding of the charitys work. Recruitmenl and appointEnent of neiv trustees The trustees are familiar wÉth the prncti¢al work of the charity. Additionally, where new trustees are invited and encouraged to familiarise themselves with the work of the charity and in the context in which it operates. Organisational struclure The day to day decision making is undertaken by the Development Offi¢er under the guidance of the Board of Directors. Financial inatters are addressed by the Development otricer in conjunclion with the Board of Directors. It is the responsibility of the Board of Directors along with the Developrnent Officer to ensure that the fLmders regulations are met and adhered to. REFERENCE AND ADMINISTRATIVE DETAIts Registered Company number N1071575 (Northern Ireland) Registered Charlty number 100403 Registered office Nautilus Centre Rooney Road Kilkeel Co. Down BT34 4AG
Kilkeel Charitable Tt Report of the Trustees for the Year Ended 31 Oetober 2024 Trustees Mr V Aiken M.B.E. Director of Sales Mr H Nicholson M.B.E. Fish Merchant Mr G Coulter M.B.E. Manufacturer Mr J Cunningham TeacherlButcher Mr W J Newell MD Seafood Company Mr S McKee Retired Ms M D M Coulter Solicitor Mr A Hanna Entrepreneur Mr K Fitzpatrick Banking (resigned 29nr2024} Mr C Coulter Retailer (appoinled 231912024) Company Secretary Mr S McKee Indepelldent ExamÉner Conaill McGrady FCA M.B.M¢Grady & Co Chartered Accoiintants Rathmoi'e House 52 St Patricks Avenue Downpatri¢k Co. Down BT30 6DS Solicttor5 Ms DÉane Coulter 125 Harlx)ur Road Kilkeel Co. Down BT34 4AT Approved by order of the board of trustees on 15 September 2025 and signed on its behalf by: Mi. W J Newell - Trustee
Independent Examiner's Report ¢0 the Truste&s or Kilkeel Charit8ble Trust I report on the accounts of the company for the year ended 31 October 2024. which are set out on pages five to thirteen. Respective responsibilities of charity trustee5 and examiner As the charity's trustees (and also the directors for the purw)ses of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companie5 Act 2006. Having satisfied myself that the charity is not subject to audit under company law and is cligiblc for indcpendent examination, it is my responsibility to: examine the accounts under Section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Charity Cornrnission ft>r Northern Iland under Section 65(9)(b) of the Charitie5 Act slate whether particular Tnatters have come io my attention. Basis of the 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 Commisslon for Northern Ireland under Section 65(9)(b) of the Charities Act. The examinaiion included a review of ihe accounting records kept by the charity and a comparison of the accounts presented with those record5. It also included consideration of any unusual iterns or disclosuTe5 in the accounts, and seeking explanations from you as charity tru51ees ncernIng any such matters. My role is to state whether any material matters have come to my attentic)n giving me Call tn helieve.. That accounting record5 were not kept in accordance with Section 386 of the Companies Act 2006 That the accowits do not accord with those accounting records That the accounts do not cornply with the accounting requirements of Section 396 of the Coinpanies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to Ch'It1es preparing their accounts in accordance with thc Financial Reporting Standard applicable in the UK and Republic of Ireland That ther¢ is fither information needed for a proper understanding of the accounts to be reached. Independent examiner's statement J have completed my examination and have no concerns in respect of the matters (l) to (4) listed above and. in ¢onnectlOD Wlth following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Conaill McGrad M.B.McGrady & Co Chartered Accountants Rathmore House 52 St Patricks Avenue Downpatrick Co. Down BT30 6DS 13 September 2025
Kilkeel Charitable Trust Statement of Financial Activities for the Year Ended 31 October 2024 31110n4 Tot21 funds 31110n3 Total funds Unres¢TiCted funds Restricted funds Note5 INCOME AND ENDOWMENTS FROM Donations and legacies 801 801 15,568 Charitable activÈties Charitable a¢tivTties Restricted funds 2,000 35,074 17,217 17,217 Total 801 17,217 18,018 52.642 EXPENDITURE ON Charitable activities Charitable activities Restricted fvnds SJ32 5,332 17,217 12,148 35.074 17.217 Total 5J32 17,217 22,549 47,222 NET INCOMEI{EXPENDITURE) (4.531) (4,531) 5,420 RECONCILIATION OF FUNDS Total funds brought fonrd 6207 6,207 787 TOTAL FUNDS CARRIED FORWARD 1,676 1,676 6.207 The notes forn) part of these fmancial statements
Kilkeel Charitable Trust B41ance Sheet 31 October 2024 31110r24 Total funds 31110123 Total funds Unrestricted funds RestrReled funds Notes FIXED ASSETS Tangible assets 539 539 633 CURRENT ASSETS Debtors Cash at bank 6.767 6,767 9,799 11,733 21,642 9,799 6,767 9,799 16,566 33.375 CREDITORS Amount5 falling due within one year (5,630) (9,799) (15,429) (27,801) NET CURRENT ASSETS 1.137 1,137 5.574 TOTAL ASSETS LESS CURRENT LIABILITIES 1,676 1,676 6,207 NET ASSETSI(LIABILITIES) 1.676 ,676 6,207 FUNDS Unrestricted funds 1,676 6.207 TOTAL FUNDS 1,676 6,207 The ¢haritable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024. The members have not required the company to obtain an audit of ils funCIal statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilvties for (a) ensuring that the charitable company ke¢ps accounting records that comply with Seclions 386 and 387 of the Companies Act 2006 and preparing financial statements which give a Irue and fair view of the State of affair5 of the charilable company as al the end of each financial year and of ils surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 Telating to fmancial statemen14 so far as applicable to the charitable company. Ib) The nol¢s form part of these financial statements continued...
Kllkeel Charltsble Trnst B•laDce Sheet- colltlnued 31 Ortober 2024 These finanGial statements have been PTopared in aOrdanCe with the provisions applicable to charitable companies Subject to the small companies regime. The fmcial ststements were approved by the Board of TntsteeÈ and allthorised for Issue on 15 September 2025 and were signed on its behalf by.. Mr WJ Newell - Tnthe Mr H Nicholson TrLBE - ThLStee The notes foTm part of these financial statements
Kllkeel Ch4ritgbl¢ Trust Note5 to the Fin8ncial Statements for the Year Ended 31 October 2024 ACCOUIYTING POLICIES Basis of preparing the fin&ll¢ial 5tatem¢n¢s The financial ststements of the charitable company. which is a public benefit entity under FRS 102. have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Stateinent of Recommended Practice applicable to ¢haTities preparing their accounts in accordance with 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 ihe UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income wtll be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or ¢onsiru¢iiv¢ obligation committing the charity to that expendithre, it is probable that a transfer of economic benefits will be required in Settlement and the amount of the obligation can be measured reliably. Expenditttre As accounted for on an accruals basis and has been Classifi under headings that awegate all cost related to the category. Where costs ¢annot be directly attributed to particular headings Ihey have been allocated to activities on a basis consistent with the use of resources. T2nglbl¢ fixed ass¢¢s Depreciation is provided at the following arval rates in order to write off each asset over its estimated useful life. Fixtures and fittings 150/0 on reducin8 balance Taxation The charity is exempt from corporation tax on its charitable activitie5. Fund aeeounting Unrestricted fvnds can be used in accordance with the charitable objerfives at the diretIOn of the trnstees. Restricied funds can only be used for particular restricted purposes within the objects of the ¢harity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial stateinents. Going concer The trustees asses5 whether the use of going concern is appropriate in that whether there are any malerial un¢ertainties related to events OT conditions that may cast significant doubt on the ability of the company to ontiThue a5 a going concern. The trnstees make this assessment in respect of a perfftod of at least one year froin the date of authorisation for issue of the financial statements and have concluded that the trust has adequate support to continue in operational existence for the foreseeable future and there are no material uncertainties about the trust's ability to continue as a going concenL thus they Continue to adopt the going concem basis of accounting in preparing the financial statements. continued...
Kilkecl Chart¢abl¢ Trust Notes to the Financial Statements- continued for the Year Ended 31 October 2024 NET INCOMEI(EXPENDITURE) Nel incomel(¢xp¢nditure) És stated after ¢hargitigJ(¢rediting).' 31110124 31110123 Independent examination fees Depre¢iation- owned assets 1000 94 1,750 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees. remuneration or other benefits for the year ended 31 October 2024 nor foT the year ended 31 October 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 October 2024 nor for the year ended 31 October 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES Unre5tricled funds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 15.568 15,568 Charitable actlvltles Charitable activities Restricted fijnds 2,000 2,000 35,074 35,074 Total 17,568 35,074 52,642 EXPENDITURE ON Charitable 8Ctivitie5 Charitable activilies Restricted ndS 12.148 12,148 35,074 35,074 Tot41 12.148 35.074 47,222 NET INCOME 5.420 5,420 RECONCILIATION OF FUNDS Total funds brought forward 787 787 TOTAL FUNDS CARRIED FORWARD 6,207 6,207 continued...
Kilkeel Cbaritable Trnst Notes to the FinanclAI Statements- eontinued for the Year Ended 31 Ottober 2024 TANGIBLE FIXED A&SETS Fixture5 and rlttings COST At l November 2023 and 31 October 2024 900 DEPRECIATION Ai l November 2023 Charge for year 267 94 At 31 October 2024 361 NET BOOK VALUE At 31 October 2024 539 At 31 October 2023 633 DEBTORS: Amouiyfs FALLING DUE WITHIN ONE YEAR 31110124 31110123 Trdde debto 6,767 11.733 CREDITORS: AMOUNTS FALLING DUE ONE YEAR 31110124 31110123 Batth loans and overdrdft5 (see note 8) Trade creditors Accruals and deferred income lJ12 9,797 4J20 4,360 21,641 1.800 15,429 27,801 LOANS An analysis of the maturity of loans 15 given below: 31110124 31110123 Ainounts falling due within one year on demand: Bank overdrafts 1,312 4.360 io continued...
Kilkeel Charitable Trnst Notes to the Financial Statements- tonttnued for the Year Ended 31 October 2024 MOVEMENT IN FUNDS Net movemeDt in funds At 111 Ir23 At 31110124 Unrestrieted funds General fwld 6207 {4,531) 1,676 TOTAL FUNDS 6,207 (4,531) 1,676 Net movement in funds. included in the above are as follows: Incoming resourtes Resovrees expended Movement In funds Unrestrieted funds General fund 801 (5,332) (4,531) Restricted funds Community Fund Nl Lorag Belter Days Programmes Heritage for Health Cr¢ggan Healthy Living LFf Charitable Trust 3,124 3.470 3,360 1,677 5,586 (3.124) (3.470) (3,360) (1,677) (S,586) 17.217 (17.217) TOTAL FUNDS 18,018 (22,549) (4,531) Comparatives for movement in funds Net movement in funds At 1111122 At 31110123 Unrestricted funds General fund 787 5,420 6,207 TOTAL FUNDS 787 5,420 6,207 continued..
Kilktel Charitsble Trust Notes to the Financi41 Statements- Continued for the Year Ended 31 October 2024 MOVEMENT IN FUNDS- contlnued Comparative net movement in funds. included in the above aff as follows: ID¢oming resourees Resources expended Movement in funds Unrestricted funds General nd 17,567 (12.147) 5,420 Restricted funds Healthy Living Centre Alliance Kilkeel Community Association Pieta House Lorag Better tknys Progrdmme5 Happiness Cafe {BOI grant) Belter Health Through Better Ltving Heritage for Health 12.429 2.706 2,478 4,169 4,200 8,643 450 (12,429) (2.706) (2,478) (4,169) (4,200) (8,643) (450) 35,075 (35,075) TOTAL FUNDS 52,642 (47,222) 5.420 A current year 12 months and prior year 12 months combined position is as follows". Ntt movement in fund5 At Ill Ill2 At 31110124 Unrestricted funds General fund 787 889 1,676 TOTAL FUNDS 787 889 1,676 12 continued...
Kilkeel Charitable Trust Notes to Ihe Fin8n¢ig1 Statements- continued for the Year Ended 31 October 2024 MOVEMENT IN FUNDS - CODtinued A current year 12 month5 and prior year 12 months combined net movement in funds, included in the above are as follows: Ineoming resources Resources expended Movement ITr funds Unrestricted funds General fvnd 18.368 {17,479) 889 Restricted funds Healthy Living Centre Alliance Ki]k¢¢l Community AsSlatIon Piela House Community Fund NI Lorats Better Days Programme5 Happiness Cafe (BOI grant) Better Health Through Better Living Heritage for Health Creggan Healthy Living LFT Charitable Trt 12,429 2.706 2.478 3,124 7.639 4,200 8,643 3,810 ,677 5,586 (12,429) (2,706) (2.478) (3,124) (7.639) (4,200) {8,643) {3,810) (1,677) (5,586) 52.292 (52292) TOTAL FUNDS 70.660 (69,771) 889 io. RELATED PARTY DISClnSURES There were no related party trdnsactions for the year ended 31 October 2024. 13