COMPANY REGISTRATION NUMBER: N1032413
Kilkeel Community Association
Company Limited by Guarantee
Filleted Unaudited Financial Statements
31 March 2019

Kilkeel Community Association
Company Limited by Guarantee
Statement of Financial Position
31 March 2019
2019
2018
Nots
Fixed assets
Tangible assets
6,412
5,436
Current assets
Debtors
Cash at bank and in hand
1,556
15,329
16,885
4,945
4,945
Credltors: amounts falling due within
one year
Accruals and deferred income
660
660
Net current assets
4,285
10,697
16,225
Total assets less current liabilities
21,661
Net assets
10.697
21,661
Capital and reserves
Profil and loss account
10,697
21,661
21,661
Members funds
10.697
These financial statements have been prepared and delivered in 8ccordance with the provisions
applicable to companies subject lo the small companies, regime and in accordance wlh FRS 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland,.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income
has not been delivered.
For the year ending 31 March 2019 the company was entitled to exemption from audit under section
477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities..
The members have not required the company lo obtain an audit of its financial slatemenls for the
year in question in accordance wth section 476,.
The directors acknowledge their responsibilities for complying with the requirements of the Act
with respect lo accounting records and the preparats'on of financial slatemenls.
The statement of financial position
continues on the following page.
The notes on pages 3 to 5 fomi part ot these financial statements.

Kilkeel Community Association
Company Limited by Guarantee
Statement of Financial Position (contlnued)
31 March 2019
These financial statements were approved by the board of directors and authorised for issue on 10
June 2019. and are signed on behalf of the board by".
Mrs N Feron
Trustee
Company registration number.. N1032413
The notes on pages 3 to S fomi part of these financial ststements.

Kilkeel Community Association
Company Limited by Guarantee
Notes to the Financial Statements
Year Ended 31 March 2019
General infomiation
The company is a private company limited by guarantee, registered in Northern Ireland. The
address of the registered office is 3 Meeting House Lane, Kilkeel, Co Down, BT34 4AE.
Statement of compliance
These financi81 statements have been prepared in compliance with Section 7A of FRS 102, 'The
Financial Reporting Standard applicable in the UK and the Republic of Ireland,.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the enlily.
Debtors
Trade and other debtors including amounts owed by group companies are recognised initially at
transaction price. A provision lor impairment is established where there is objective eviden
that the company will not be able lo coliect all amounts Iyue according lo the original terms of
receivables.
Cash and cash èquivalents
Cash and equivalents include cash on hand and demand deposits. Bank overdrafts are shown
within borrowings in current liabilities on the statement of fi'nancial position.
Creditors and aceruals
Creditors and accruals are classified as current liabilities if payment is due within one year or
less. If not they are presented as non-currenl liabilities. Trade payables are recognised initsally
at the transition price and subsequently at amorh'sed cost.
Judgements and key sources of estimatlon uncertainty
The preparation of the financial statements requires management to make judgements.
estimates and assumptions that affect the amounts reported. These esb'males and judgements
are continually reviewed and are based on experience and other factors, including expectations
of future events that are believed lo be reasonable under the circumstances.
Revenue recognition
Turnover is measured al the fair value of the consideration r￿1Ved or receivable for goods
supplied and services rendered, nel of discounts and Value Added Tax.

Kilkeel Community Association
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year Ended 31 March 2019
Accounting policies (continued)
Revenue recognition {contintsed)
Revenue from the sale of goods is recognised when the significant risks and rewards of
ownership have transferred lo the buyer (usually on despatch of the goods),. the amount of
revenue can be measured reliably,. il is probable that the associated economic benefits will flow
lo the entity-, and the costs incurred or lo be incurred in respect of the transactions can be
measured reliably.
Tangible assets
Tangible assets are initially recorded al cost, and subsequently staled at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried al revalued
arnounts are recorded at the fair value al the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluab'on, is recognised in other
comprehensive income and accumulated in equity, exeept lo the extent il reverses a revaluation
decrease of the same asset previously recognised in profil or loss. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other comprehensive income to
the extent of any previously recognised revaluation increase accumulated in equity in respect of
that asset. Where a revaluation decrease exceeds the accumulated revaluation gains
accumulated in equity in respect of that asset, the excess sh811 be recognised in profil or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value, over the useful economic life of that asset as follows..
Equipment
10¥ts reducing balance
Impairment of fixed assets
A review for indicators of impairment is Carried out at each reporting dale. with the recoverable
amount being eslimaled where such indicators exist. Where the carying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impaiments are also reviewed for
possible reversal al each reporting date.
For the purposes of impairment testing. when it is not possible to estimate the recoverable
amounl.of an individual asset, an estimate is made of the recoverable amount of the
cash-generating unit lo which the asset belongs. The cash-generaling unil is the smallest
identifiable group of assets that includes the asset and generates cash inflows that largely
Independent of the cash inflows from other assets or groups of assets.
For irnpairmenl lesling of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination. irrespective of whether other assets or liabilities of the
company are assigned lo those units.

Kilkeel Community Association
Company Limited by Guarantee
Notes to the Financial Statements (contynued)
Year Ended 31 March 2019
Company Ilmlted by guarantee
Every member of the Company undertakes to contribute lo the assets of the Company, in the
event of the same being wound up while il is a member, or within one year after it ￿aSe$ to be a
member, for payment of the debts and liabilities of the Company contracted before il ￿aSeS lo
be a member, and of the costs, charges and expenses of winding up, and for the adiuslmenl of
the rights of the conlributories among themselves, such amount 8$ may be required not
exceeding one pound.
Employee numbers
The average number of persons employed by the company during the year amounted lo 112018..
11.
Tangible assets
Equipment
Total
Cost
At 1 April 2018
Additions
14,076
1,600
14.076
1,600
At 31 March 2019
15.676
15.676
Depreciation
Al 1 April 2018
Charge for the year
At 31 March 2019
8,640
624
8,640
624
9,264
9,264
Carrying amount
At 31 March 2019
6.412
6.412
Al 31 March 2018
5,436
5,436
Debtors
2019
2018
Other debtors
1,556
Related party transactlons
No transactions with related parties were undertaken such as are required lo be disclosed under
Financial Reporting S18ndard 8.

COMPANY REGISTRATION NUMBER: N1032413
Kilkeel Community Association
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2019
LENFESTEY & CO
Chartered Accountant
The Masters House
10 Abbey Yard
Newry
Co Down
Bt34 2eg

Kilkeel Community Association
Company Limited by Guarantee
Financlal Statements
Year Ended 31 March 2019
Contents
Page
Officers and professional advisers
Trustees, report
Statement of comprehensive income
Statement of financial position
Notes to the financial statements
The following pages do not form part of the financial statements
Report to the board of directors on the preparation of the
unaudited statutory financial statements
Detailed income statement
10
11
Notes to the detailed income statement
12

Kilkeel Communlty Association
Company Limited by Guarantee
Officers and Professional Advisers
The board of directors
Mrs N Feron
Mr R Connolly
Mr R Ewart
Mr J Higgins
Mrs A Rice
Company secretary
Nancy Feron
Registgred office
3 Meeting House Lane
Kilkeel
Co Down
BT34 4AE
Accountants
Lenlesloy & Co
Chartered accounlanl
The Masl8rs House
10 Abbey Yard
Newry
Co Down
BT34 2EG
Bankers
Bank ol Ireland
12 Trevor Hill
Newry
Co Down
BT34 1 DT
Sollcitor$
C Murnion & Co
7 Greencastle Slr8el
Kilkeel
Co Down
BT34 4BH

Kilkeel Community Association
Company Limited by Guarantee
Trustees, Report
Year Ended 31 March 2019
The trustees pres8nl Ih8ir report and the unaudited financial statements ol the company lor the year
ended 31 March 2019.
Incorporation
The company was incorporated on 22nd May 1997 and is a registered charity.
Tru$tegS
The trustees who served the company during the year were as lollows=
Mrs N Faron
Mr R Connolly
Mr R Ewart
Mr J Higgins
Mrs A Rice
Small company provl$lon$
This report has been prepared in accordance with the provisions applicable lo companies entitled lo
the small companies exemption.
This report was approved by the board ol directors on 10 June 2019 and signed on behalf of the board
by..
Mrs N Feron
Trustee
Registered office..
3 Meeting House Lane
Kilkeel
Co Down
BT34 4AE

Kilkeel Cornmunity Association
Statcment of Financial Activities for the year ended 31 Marrh 2019
Incomin2 Resources
Unrestricted
Fund5
Restricted
Funds
Designated
Funds
Total
2019
Total
2018
Activttie5 for furtheranee
of the charity's objcetives:
Room Hire
Donations
Halifax Community Associations
Awards for All
Limavady CDI
Southern Health & Social Care Trust
3,480
3.480
2,090
617
9,999
1.550
6.15?
23,408
6.154
6.154
6,154
9,634
3.480
Resource5 Expendcd
Costs of generating funds:
Charitable expenditure:
Room 14ire
Rent & raies
Light and heat
Insurance
Waues and salaries
Motor & Traveling
Telephone
Priiitino siationery and postage
Sundry expenses
Activity projects expenses
Bank Charges
Accountsncy fees
Depr¢¢iation of equipTnent
1,575
2,180
1.575
2,180
513
856
6.912
1,057
1,400
856
1.001
7,027
237
640
?87
156
51?
127
660
603
6.912
676
108
676
108
150
6,181
150
6.181
163
660
660
6?4
624
6,097
(2,617)
14.>01
(8J47)
20,598
110,964)
13,825
9,583
Net incoming resource5 surp]u￿(der]eIt)
for the year
Balances Brought Forward
Balance5 Caryied Forward
11.7i7
9,120
9.924
1,577
21,661
10.697
12,078
21,661
The charity has no recognised oains or losses other than the results for the year as set out above.
All acliviiies of the charity are classed 35 continuing.

Kilkeel Community Association
Company Limited by Guarantee
Slalement of Financial Position
31 March 2019
2019
2018
Note
Fixed assets
Tangible assets
6,412
5,436
Current assgts
Debtors
Cash at bank and in hand
1.556
15.329
4,945
4,945
16,885
Creditors: amounts falling due within
one year
Accruals and deferred income
660
660
Net current assets
4,285
16,225
21,661
Total assets less current liabilities
10,697
Net assets
10,697
21.661
Capital and reserves
Profil and loss account
10,697
10,697
21,661
Members funds
21,681
These lillancial stalemenls have been prepared in accordance with ihe provisions applicable lo
companies subject to the small companies, regime and in accordance with FRS 102 'The Financial
Reporting Standard applicable in the UK and Republic ol Ireland..
For the year ending 31 March 2019 the company was entitled to exemption from audit under section
477 01 the Companies Act 2006 relaling lo small companies.
Directors, responslbilities..
The members have not required the company to obtain an audit ol its financial statements lor the
year in question in accordance with section 476.,
The direclors acknowledge thèir responsibilities lor complying with the requirements ol the Act
with respect to accounting records and the preparation ol financial statements.
The statement of financial position
continues on the following page.
The notes on pages 6 to 8 form part of thgs¢ fKnancial statements.

Kilkeel Community Association
Company Limited by Guarantee
Statement of Flnancial Position (￿nI￿nued)
31 March 2019
These financial slalemenls were approved by the board ol directors and auihorised lor issug on 10
June 2019, and are signed on behalf ol the board by=
Mrs N Feron
Trustee
Company registration number.. N1032413
Th& notes on pages 6 to 8 fomi parl of thes& linaneial slatements.

Kilkeel Communily Association
Company Limited by Guarantee
Notes to the Financial Statements
Year Ended 31 March 2019
General inforniation
The company is a private company limited by guarantee, registered in Northgrn Ireland. The
address ol the registered office is 3 Meeting House Lane, Kilkeel, Co Down. BT34 4AE.
Statement ol compliance
These financial statements have been prepared in compliance with Section 1 A of FRS 102. 'Thg
Financial Reporting Standard applicable in the UK and the Republic of Ireland,.
Accounting policies
Basi$ of preparatlon
The financial statements have been prepared on the historical cost basis, as modili8d by the
revaluation of certain financial assets and liabilities and investment properties measured at lair
value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Debtors
Trade and other debtors including amounts owed by groLJP companies are recognised initially al
transaction price. A provision lor impairment is established where there is objective evidence
that the company will not be able to collect all amounts due according lo the original terms of
receivables.
Cash and cash equlvalents
Cash and equivalents include cash on hand and demand deposits. Bank overdrafts are shown
within borrowings in current liabilities on the slatem8nl ol financial position.
Credllors and accruals
Creditors and accruals are classified as Current liabilities il payment is due within one year or
less. 11 not they are presented as non-current liabilities. Trad8 payables are recognised initially
al the Iransition price and subsequently al amortised cost.
Judgements and key sources of estimation uncertainty
The preparation ol the financial slalemenls requires management to make judgements,
eslimales and assumptions that allect the amounts reported. These estimates and judgemenls
are continually reviewed and are based on experience and other laclors, including expedalions
ol future events Ihal are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the lair value ol the consideration received or receivable lor goods
supplied and seNices ¥endered, net ol discounts and Value Added Tax.

Kilkeel Community Association
Company Limited by Guarantee
Noles to the Financial Stalements {conHnuad)
Year Ended 31 March 2019
Accoijnting pollcles {conUnu6d)
Revenue recognition (contlnu6d)
Revenu8 from the sale of goods is recognised when the significant risks and rewards of
ownership have transferred lo the buyer (usually on despatch ol the goods)., the arnount ol
revenue can be measured reliably. il is piobable that the associated economic benefits will flow
lo Ihe enlily., and the costs incurred or lo be Incurred in respect ol the transactions can be
measured reliably.
Tangible assets
Tangible assets are initially recorded at Cost, and subsequently slated al cost less any
accumulated depreciation and impairment bsses. Any tangible assets carried at revalued
amounts are recorded al the lair value al the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impaimienl losses.
An increase in the carrying amount ol an assal as a result ol a revaluation, is recognised in other
comprehensive income and accumulated in equity, except lo the extent il reverses a revaluation
decrease ol the same asset previously r8cognis8d in profil or loss. A decrease in the carrying
amount of an asset as a result ol revaluation, is recognised in other comprehensive income lo
the exlenl ol any previously recognised Tevalualion increase accumulated in equity in respect ol
that ass81. Where a revaluation decrease exceeds the accumulated revaluation gains
accumulal8d in equity in respect ol that asset. the excess shall be r8cognis8d in profil or loss.
Depreclation
Depreciation is calculated so as lo write oll the cost or valuation of an asset, less ils residual
value, over the useful economic lila ol that asset as follows:
Equipment
10°A reducing balance
Impairment of f ixed assels
A review for indicators ol impairment is carried out al each reporting dale, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount. the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal al each reporting dale.
For the purposes ol impaimi8nl lesling, when il is not possible to estimate the recoverable
arnounl ol an individual asset, an estimate is made ol the recoverable amount ol the
cash-generaling unil lo which Ihg asset belongs. The cash-generaling unit is the smallest
idenliliable group of assets that includes the asset and geneiales cash inflows that largely
independent of the cash inflows from other assets or groups of assets.
For impairmènt lesling ol goodwill, the goodwill acquired in a business combination is, from Ihe
acquisition dal8, allocated lo each ol the ¢ash-generaling units that are expected lo benefit from
the synergies ol the combinalion, irrespective ol whether other assets or liabilities ol the
company ar8 assigned to those units.

Kilkeel Community Association
Company Limited by Guarantee
Notes to the Financial Statements (Gontinu8d)
Year Ended 31 March 2019
Company limited by guarantee
Every member ol the company undertakes to contribute lo tho assets ol the Company, in the
event ol the same being wound up while il is a member, or within one year aller it ceases lo be a
member, for payment ol the debis and liabilities ol the Company conlracled before il ￿aSeS lo
be a member., and of the costs, charges and 8xpenses of wnding up, and lor the adjuslmsnl of
the rights ol the contribulories among themselves, such amount as may bo required not
exceeding one pound.
Employee numbers
The average number ol persons employed by the company during the year amounted lo 1 12018..
Prollt before taxation
ILoss}Iprofit before laxalion is slated after charging..
2019
2018
Depreciation ol tangible ass8ls
624
603
Tangible assets
Equipmenl
Total
Cost
Al 1 April 2018
Additions
14,076
1,600
14,076
1,600
15,676
At 31 March 2019
15.676
Depreciation
Al 1 April 2018
Charge lor tha year
At 31 March 2019
8,640
624
8,640
624
9,264
9,264
Carrying amount
At 31 March 2019
6,412
6,412
At 31 Malch 2018
5,436
5,436
Debtors
2019
2018
Oihgr debtors
1,556
Related party transactions
No transactions with related parties were undGrtakgn such as are required lo be disclosed under
Financial Reporting Standard 8.

Kilkeel Community Association
Company Limited by Guarantee
Management Information
Year Ended 31 March 2019
The tollowing pages do not fomi part of the tinanclal ststements.

Kilkeel Community Association
Company Limited by Guaranlee
Report to Ihe Board ot Directors on the Preparation of the Unaudited Slatutory
Financial Slatements of Kilkeel Community Association
Year Ended 31 March 2019
In order lo assist you to lullil your duties under Ihe Companies Act 2006, we have prepared for your
approval the financial stal@menls ol Kilkeel Community Association for the year ended 31 March 2019,
which comprise the statement ol comprehensive income, slalement ol financial position and the
related notes from the companls accounting records and from information and explanations you have
given ¢Js.
As a praclising member fim) ol Chartered Accountants Ireland, we are subject to ils ethical and other
professional requirements which are detailed al www.charteredaccoLtntants.ie.
This report is made solely to the Board ol Directors of Kilk8el Community Association. as a body, in
accordance with the terms ol our engagement lett8r dated 30 August 2018. Our work has been
undertaken solely lo prepare lor your approval th8 financial slalements of Kilkeel Community
Association and slate those matters that we have agreed lo slate lo you, as a body, in this report in
accordance with the iequirements of Chartgred Accounlanls Ireland as detailed at
www.chartGradaccounlanls.ie. To the fullest extent permitted by law, we do not a￿pt or assume
responsibility lo anyone other than Kilkeel Communily Association and its Board of Directors, as a
body, lor our work or lor this report.
It is your duty lo ensure that Kilkeel Communtty Association has kept adequate accounting records
and lo prepare statutory financial statements that give a true and lair vi8w ol the assets, liabilities,
financial position and loss ol Kilkeel Community Association. You consid8r that Kilkeel Community
Association is exempt from the slalutory audit requirement for the year.
We have not been instructed lo carry out an audil or a review ol the Ilnancial statements ol Kilkeel
Community Association. For Ihis reason, we have not verilied the accuracy or completeness ol the
accounting records or information and explanations you have given to us and we do not. therefore.
express any opinion on the slalulory linanciai statements.
LENFE
TEY&
Chartergd accountant
Th8 Masters House
10 Abbey Yard
Newry
Co Down
BT34 2EG
10

Kilkeel Community Association
Detailed Income Slatement
Year Ended 31 March 2019
2019
2018
Turnover
Room hire
Donations
Halilax Community Associations
Awards lor All
Limavady CDI
Southern Health & Social Care Tiust
3,480
2,090
617
3.000
9.999
1,550
6,152
6,154
9,634
23,408
Gross profit
9.634
23,408
Overheads
Adminislyative expenses
20.598
13,825
Operating {loss)Iprofit
110.9641
9,583
ILoss)Iprofit before taxation
{10,964)
9,583
11

Kilkeel Community Association
Notes to the Detailed Income Statement
Year Ended 31 March 2019
2019
2018
Administrative expenses
Wages and salaries
Room Hire
Rent & rates
Light and heat
Insurance
Motor & travelling
Telephone
Printing postage and stationery
Sundry expenses
Activity projects expenses
Accountancy lees
Depreciation of equipment
Bank charges
6,912
1,575
2,180
513
856
7.027
1,057
1,400
118
1,001
237
640
287
156
512
660
603
127
676
108
150
6,181
660
624
163
20,598
13,825
12