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Registered Company number NI34900

Registered Charity number 100699

Cnocnafeola Centre Ltd

Report of the Trustees and

Unaudited Financial Statements for

The Year Ended

30 September 2023

Michael Grant & Co

Accountants 3 Greencastle Street Kilkeel Co Down BT34 4BH

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

	Page
Reference and Administrative Details	1
Report of the Trustees	2 to 4
Independent Examiner's Report	5
Statement of Financial Activities	6
Balance Sheet	7
Notes to the Financial Statements	8 to 10
Detailed Statement of Financial Activities	11

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 30 SEPTEMBER 2023

Trustees

Miss Mairead White Mrs Teresa Trainor Miss Mary Murphy

Company Secretary

Miss Mary Murphy

Registered office

Cnocnafeola Centre Ltd Bog Road Attical Newry Co. Down BT34 4RH

Registered Company number

NI34900

Registered Charity number

100699

Independent Examiner

Michael Grant FFA Michael Grant & Co Ltd 3 Greencastle Street Kilkeel Newry Co Down BT34 4BH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2023

OBJECTIVES AND ACTIVITIES

Objectives and aims

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.

The company's objects are to promote the benefit of the inhabitants of Attical, Kilkeel, County Down (hereinafter described as "the area of benefit") without distinction of sex, sexual orientation, race or of political, religious or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organisations in a common effort to advance education, to promote the relief of the elderly, support youth and unemployed, and give opportunities of work for people with special needs (both in a paid and voluntary capacity).

To preserve the environment and heritage of the area of benefit. To provide facilites for leisure, recreation and public meetings for the local community.

To support the local primary school.

ACHIEVEMENTS AND PERFORMANCE

The organisation is currently involved in offering activities and employment to the local community particularly those in very much of need who are economically and socially disadvantaged.

We have recently given opportunities to people with special needs to act as volunters an to help us in the development of the centre.

We provide activities and opportunities for the local community where possible to take seasonal and part time employment in the hospitality and tourism sector.

We promote cross community and cross border understanding in the Attical area.

We reduce isolation and loneliness among the older people by giving them opportunities to meet.

We provide skills, courses and opportunities to increase people's confidence and self esteem especially among young women, people from other countries and unemployed.

We work closely wiith Northern Ireland Tourist Board and also work with Tourism Ireland and attend many of the cross-border courses. This year we took part in a seven week short course with the Northern Ireland Tourist Board who helped us immensely with our social media. We have taken part in many courses in Made in Mourne, these were primarily to do with marketing.

The tutors were from Newry College.

This year our emphasis was on marketing the centre and we used all forms of social media to do this. We took part in some advertising with local newspapers and we also worked closely with Trivago. We developed better links with Hostel World,Booking.com, AirBnB and FreeToBook always updating our information.

We provide people within the area a better quality of life by providing them with activities and services.

We work closely with the local primary and secondary schools and provide placements and opportunities for part time work for students.

This year we have painted and redecorated each room and we have upgraded all our bedding.

FINANCIAL REVIEW

Principal Funding Sources

The main sources of funding was generated by visitors staying at the Mourne Lodge, conferences held at the centre during the year for team building and training, seminars and use of the conference

facilities by the local community. The results for the period are set out on pages six to seven

Development Plan for 2023-2025

Long/ Short-term Activities

We are currently adding a memories page on our facebook to assist with the identifcation and maitenance of deceased persons who no longer have any living family we will erect a plaque displaying the names, dates of birth and date of death of those deceased persons and also where possible their addressess.

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2023

Pop-up Coffee Shop (Summer)

The "pop-up" coffee proved a welcome addition, opening at weekends.

Marketing

We did extensive marketing throughout the year with Tourism NI, Facebook, Twitter and Instagram, which proved very successful for our overall occupancy.

One-off evenings / weekend workshops, including:

These workshops alo mproved to be very popular wih the local community.

Involvement with the Local Community/ School/ Sport Club

Opportunities exists to involve the local community with the facilities at the Centre and in so doing meet some of the needs of local people as well as generating additional income as the facility is in the heart of the village.

INDEPENDENT EXAMINER

Mr Michael Grant of Michael Grant & Co Ltd, will be proposed for re-appointment as independent examiner at the forthcoming Annual General Meeting.

Small Company Provisions

This report has been prepared in accordance with the special provisions for small entitities. Commercial Insurance Specialist, to ensure the Centre is safe for all who use it.

Approved by order of the board of trustees on 20 June 2024 and signed on its behalf by:

Miss Mairead White Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF Cnocnafeola Centre Ltd

I report on the accounts for the company for the year ended 30 September 2023, which are set out on pages five to ten.

Respective responsibilities of charity trustees and examiner

As the charity's trustees ( and also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independant examination, it is my reponsibility to:

. examine the accounts under section 65 of the Charities Act

. Follow the procedures laid down in the general Directions given by the Charity Commission of Northern Ireland under Section 65(9)(b) of the Charities Act . State whether particular matters have come to 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 Commission for Northern Ireland under section 65(0)9b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparision of the accounts presented with those records. It also included consideration of 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 next statement.

My role is to state whether any material matters have come to my attention giving me cause to believe:

That accounting records were not kept in accordance with section 386 of the Companies Act 2006
That the accounts do not accord with those accounting records
That the accounts do not comply with the acconting requirements of section 396 of the Companies Act 2006 and with the methods and preinciples of the Charities 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
That these is further information needed for a proper understanding of the accounts to be reached.

Independent examiner's statement

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.

Mr Michael Grant Michael Grant & Co Ltd Accountants 3 Greencastle Street Kilkeel Newry Co Down BT34 4BH Date: 29 May 2024

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2023

Notes INCOME AND ENDOWMENTS FROM Charitable activities Investment income 2 Total EXPENDITURE ON Charitable activites NET (EXPENDITURE)/INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD	2023 2023 2022 Unrestricted Restricted Total funds funds funds £ £ £ 43805 0 43805 54541 1627 0 1627 198
	45432 0 45432 54739 48318 0 48318 43560
	-2886 0 -2886 11179 114058 306281 420339 409160
	111172 306281 417453 420339

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

COMPANY NUMBER NI34900

BALANCE SHEET AT 30 SEPTEMBER 2023

Notes FIXED ASSETS CURRENT ASSETS Cash at bank and in hand Debtors and prepayments CREDITORS Amounts falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS Unrestricted funds Restricted funds TOTAL FUNDS	2023 £ 71168 345038 3008 348046 1764 346282 417450 417450 111170 306281 417450	2022 funds £ 88201
		310894 22142
		333036 900
		332136
		420337
		420337
		113860 306281
		420339

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) Ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its 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 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies.

The financial statements were approved by the Board of Trustees on 29 May 2024. and were signed on its behalf by:

Mairead White

................................................................

Trustee/Director

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements 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: Statement of Recommedned Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Fixed Assets

All fixed assets are initially recored at cost.

Depreciation

Depreciation has been provided at the following reates in order to write off the assets over their estimated useful lives.

Freehold property 4% straight line Equipment 25% reducing balance Fixtures & fittings 25% reducing balance

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 will be received and the amount measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resouces.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. 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 statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 30 SEPTEMBER 2023

INVESTMENT INCOME

INVESTMENT INCOME
	2023	2022
	£	£
Deposit account interest	1627	198

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 September 2023 nor for the year ended 30 September 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 September 2023 nor for the year ended 30 September 2022.

STAFF COSTS

The average monthly number of employees during the year was as follows:

	2022	2021
Administrative and support staff	3	3

No employees received emoluments in excess of £60,000.

TANGIBLE FIXED ASSETS

Freehold Fixtures & Total property Equipment fittings £ £ £ £ 415919 47363 91585 554867	Freehold Fixtures & Total property Equipment fittings £ £ £ £ 415919 47363 91585 554867	Freehold Fixtures & Total property Equipment fittings £ £ £ £ 415919 47363 91585 554867
415919 47363 91585 554867
329383 45698 91585 466666 16637 396 17033
346020 46094 91585 483699
69899 1269 0 71168
86,536 1665 0 88,201
	2023 £ 3008 2023 £ 1764	2,022 £ 2,142 20,000
		2022 £ 900