COMPANY REGISTRATION NUMBER.. N1032413
Kilkeel Community Association
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2020
LENFESTEY & CO
Chartered Accountants
The Masters House
10 Abbey Yard
Newry
Co Down
BT34 2EG

Kilkeel Community Association
Company Limited by Guarantee
Financial Statements
Year Ended 31 IVIarch 2020
Contents
Page
Officers and professional advisers
Trustees, report
Statement of income and retained earnings
Statement of financial position
Notes to the financial statements
The following pages do not form part of the financial statements
Report to the boafd of directors on the preparation of the
unaudited statutory financial statements
Detailed income statement
10
Notes to the detailed income statement

Kilkeei Community 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
Registered office
3 Meeting House Lane
Kilkeel
Co Down
BT34 4AE
Accountants
Lenfesley & Co
Chartered accountants
The Masters House
10 Abbey Yard
Newry
Co Down
BT34 2EG
Bankers
Bank of Ireland
12 Trevor Hill
Newry
Co Down
BT34 1 DT
Solicitors
C Murnion & Co
7 Greencaslle Street
Kilkeel
Co Down
BT34 4BH

Kilkeel Community Association
Company Limited by Guarantee
Trustees. Report
Year Ended 31 March 2020
The trustees present their report and the unaudtted financial statements ol the company lor the year
ended 31 March 2020.
Incorporatlon
The company was in¢ofporaled on 22nd May 1997 and is a registered ¢harity.
Trustees
The INstees who served the Gompany during the year were as follows:
Mrs N Feyon
Mr R Connolly
Mr R Ewart
Mr J Higgins
Mrs A Rice
Small company provlslons
This report has been prepared in accordance with Ihe provisions applicable to companies entitled lo
the small companies exemption.
This report was approved by the board of directors on 19 June 2020 and srgned on behalf of the board
by:
Mrs N Feron
Trustee
Registered office=
3 Meeting House Lane
Kilkeel
Co Down
BT34 4AE

Kilkeel Community Association
Company Limited by Gu2rantee
Statement of Financial Actii'ities for the yeai. ended 31 March 2020
Incoming Resources
Unrestricl¢d
Funds
Rcstrieted
Funds
D¢signated
Funds
Total
2020
Total
2019
Activittes for furtheranee
of tlie charity's objeetives:
Room hire
Halifax Community Associations
ASDA Foundatioji
Various Sinall Grants
Community Funding Nl Grant
Southem Healch & Social Care Trust
3,410
3.410
5.000
1,190
3,480
5,000
1,190
1.000
6.153
14.473
1.000
6.153
17,883
6.154
9,634
3,410
Resourees Eipended
Costs of generating fund5:
ClJarit8blc expenditurt:
Room l-lire
Rent & rates
Litsl)t and heat
Insurance
Repairs and maintenance
Wages and salarie5
Telepl?one
Printino
postage and stationery
Sundry expenses
Activity projects expenses
Bank cliarges
Accountancy fees
Depreciation of equipment
143
2,400
195
642
14i
?.400
195
1.575
513
856
6.91?
444
6.447
444
6.447
68i
86
683
86
309
676
108
150
6.181
163
660
6?4
1,155
1,155
123
660
565
660
565
5.241
(1,831)
8,611
5,862
13,852
4,031
20,598
{10,964)
Net incomlng resources surpluslldcfieit)
ror the year
Balance5 Brouglit Forward
Balances Carrsed Forward
9,120
7,289
1.577
7.439
10.697
14.728
21,661
10.697
Tlie charity has no recognised gains or losses other ihan the results for the year as set OLtt above.
All activities of the charity are classed as continuints

Kilkeel Community Association
Company Limlted by Guaranlee
Statement of Financial Posltion
31 March 2020
2020
2019
Flxed assets
Tangible assets
4847
6.412
Current assets
Cash at bank and in hand
9.541
4.945
Credilors." amounts falling due vthhln one year
Accruals and deferred income
Net current assets
Total assets less current liabilltles
Net assets
660
660
8WI
4.285
14728
10,697
10.697
14.728
Capltal and reserves
Profil and loss account
Mèmbgrs funds
1£728
14728
10.697
10,697
These financiat statemenls have been prepared in accordance with the provisions applicable to
companies subjecl to the small companies. regime and in accordance with Section 1A ol FRS 102
The Financial Reportlng Standard applicable in the UK and Republic of Ireland,.
For the year ending 31 March 2020 the company was entitled to exemption from audrl under section
477 of the Companies Act 2006 relating to small companies.
Direclors. responsibilities:
The members have not required the company to obtain an audit of Its linancial statements for the
year in question in accordance with section 476:
The directots acknowledge their re8ponsibililies for complying with the wuirements of the Act
with respect to accounting records and ihe preparation of linancid Statements.
These linancial statements were approved by the board of directors and aulhorised for tssue on 19
June 2020, and are signed on behalf of the board by-
Mrs N Feron
Trustee
Company registration number". N1032413
The notes on pages 5 to 7 frym part of these fin*n¢lal $tatom8nt&

Kilkeel Community Association
Company Limited by Guarantee
Notes to the Financial Ststements
Year Ended 31 March 2020
General information
The company is a private company limited by guarantee, registered in Northern Ireland. The
addiess of the registered office is 3 Meeting House Lane, Kilkeel, Co Down, BT34 4AE.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A 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 profil or loss.
The financial slalemenls are prepared in sterling, which is the functional currency of the entity.
Debtors
Trade and other debtors including amounts owed by group companies are recognised initially at
transaction price. A provision for impairment is established where there is objective eviden
that the company will not be able lo collect all amounts due according to 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 statement of financial position.
Creditors and accruals
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 initially
al the transition price and subsequently al amortised cost.
Judgements and key sources of estimation uncertainty
The preparation of the financial slalemenls requires management lo make judgements,
eslimales and assumptions that affect the amounts reported. These eslimales and judgements
are continually reviewed and are based on experience and other factors, including expectations
of future events that are believed to be reasonable under the Circumstan￿$.
Revenue recognition
Turnover is measLJred al the fair value of the consideration received 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 (continued)
Year Ended 31 March 2020
Accounting policies (contsnuedj
Revenue recognltion {¢orJtinued)
Revenue from the sale of goods is recognised when the significant risks and rewards of
ownership have transferred lo the buyer lusually on despatch of the goods),. the amount of
revenue can be measured reliably," it is probable that the associated economi¢ benefits will flow
lo the entity., and the costs incurred or to be incurred in respect of the transactions can be
measured reliably.
Tanglble assets
Tangible assets are initially recorded al cost. and subsequently staled al cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value al the dale 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 revaluation, is recognised in other
comprehensive income and accumulated in equity, except lo the extent il reverses a revaluation
decrease of the same asset previously recognised in profi'l 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. Vvhere a revaluation decrease exceeds the accumulated revaluation gains
accumulated in equity in respect of that asset, the excess shall be recognised in profil or loss_
Depreciation
Depreciation is calculated so as lo write off the cost or valuation of an asset. less its residual
value, over the useful economic life of that asset as follows".
Equipment
10010 reducing balan
Impairment of fixed assets
A review for indicators of impairment is carried out al each reporting date, with the recoverable
amount being eslimaled where such indicators exist. ￿￿here the carrying value exceeds the
recovefftble amount, the asset is impaired accordingly. Prior imp8irmenls are also reviewed for
possible revers81 at each reporting dale.
For the purpose5 of impairment lesling, when il is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the
cash-generaling unil 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 2$5els.
For impairment lesling of goodwill. the goodwill acquired in a business combination is, from the
acquisition date, allocated lo each of the cash-generaling units that are expected lo benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the
company are assigned to those units.

Kilkeel Community Association
Company Limited by Guarantee
Notes to the Financ(al Statements (contlnuedj
Year Ended 31 March 2020
Company limited by guarantee
Every member of the company undertakes to contribute to the assets of the Company, in the
event of the same being wound up while it is a member, or within one year after il ceases lo be a
member, for payment of the debts and liabilities of the Company contracted before il ceases lo
be a Member,. and of the costs. charges and expenses of winding up, and for the adjustment of
the rights of the contributories among themselves, such amount as may be required not
exceeding one pound.
Employee numbers
The average number of persons employed by the company during the year amounted to 112019..
Profit before taxation
Profil before taxation is slated after charging..
2020
2019
Depreciation of tangible assets
565
624
Tangible assets
Equiprrtenl
Total
Cost
At 1 April 2019 and 31 Mareh 2020
Depreciation
At 1 April 2019
Charge for the year
At 31 March 2020
15,676
15.676
9,264
565
9,264
565
9,829
9.829
Carrying amount
At 31 March 2020
5,847
5.847
At 31 March 2019
6.412
6,412
Related party transactions
No transactions with related parties were undertaken such as are required to be disclosed under
Financial Reporting Standard 8.

Kilkeel Community Association
Company Limited by Guarantee
Management Information
Year Ended 31 March 2020
The following pages do not form part of the financial statements.

Kilkeel Community Association
Company Limited by Guarantee
Report to the Board of Directors on the Preparation of the Unaudited Statutory
Financial Statements of Kilkeel Community Association
Year Ended 31 March 2020
In order to assist you lo fulfil your duties under the Companies Act 2006, we have prepared for your
approval the financial statements of Kilkeel Community Association for the year ended 31 March 2020,
which comprise the statement of income and retained earnings, slalement of financial position and the
related notes from the company's accounting records and from information and explanations you have
given us.
As a practising member firm of Chartered Accountants Ireland. we are subject to ils ethical and other
professional requirements which are detailed at www.charteredaccountants.ie.
This report is made solely to the Board of Directors of Kilkeel Community Association, as a body. in
accordance with the terms of our engagement letter dated 30 August 2018. Our work has been
undertaken solely to prepare for your approval the financial statements of Kilkeel Community
Association and stale those mallers that we have 89reed lo slate lo you. as a body, in this report in
accordance with the requirements of Ch8rtered Accounlanls I￿land as detailed al
www.charteredaccounlants.ie. To the fullest exlenl permitted by law, we do not acTrpl or assume
responsibility lo anyone other than Kilkeel Community Association and its Board of Directors. as a
body, for our work or for this report,
It is your duty to ensure that Kilkeel Community Association has kept adequate accounting records
and lo prepare slalutory fin8neial statements that give a true and fair view of the assets, liabilities,
financial position and profil of Kilkeel Community Association. You consider that Kilkeel Community
Association is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Kilkeel
Community Association. For this reason, we have not verified the accuracy or completeness of the
accounting records or information and explanations you have given to us and we do not, therefore.
express any opinion on the stalulory financial slatemenls.
LENFESTEY & CO
Chartered accountants
The Masters House
10 Abbey Yard
Newry
Co Down
BT34 2EG
19 June 2020

Kilkeel Community Association
Detailed Income Ststement
Year Ended 31 Ivlarch 2020
2020
2019
Turnover
Room hire
Halifax Community Associations
ASDA Foundation
Various Small Grants
Community Funding Nl Grant
Southern Health & Social Care Trust
3,410
5.000
1.190
1,130
1.000
6.153
3,480
6.154
17,883
9,634
Gross profit
17,883
9,634
Overheads
Administrative expenses
13,852
20,598
Operating proftullossl
4,031
110,964}
Profivllossl before taxation
4,031
110,9641
10

Kilkeel Community Association
Notes to the Detailed Income Statement
Year Ended 31 March 2020
2020
2019
Administratlve expenses
Wages and salaries
Room Hire
Rent & rates
Light and heal
Insurance
Repairs and maintenan
Telephone
Printing postage and stationery
Sundry expenses
Activity projects expenses
Accountancy fees
Depreciation of equipment
Bank charges
6.447
143
2.400
195
642
444
683
86
309
1.155
660
565
123
6,912
1,575
2.180
513
856
676
108
150
6,181
660
624
163
13,852
20,598
11