REGisfERED COMPANY NUMBER: N1610189 (Northern Ireland) REGisfERED CHARITY NUMBER: 101380 Report of the Trustees and Unaudlted Flnanclal Statements for the Year Ended 31 March 2023 Kells & Connor Communlty Improvement As%x5atlon
Kells & Connor Community Improvement A$latIOn Contents of the Flnandal Statements for the year ended 31 March 2023 Page Report of the Trustees Independent Examlnerfs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 7-10 Detalled Statement of Financial Activities 11
Kells & Connor Community Improven*nt AslatIOn Rewt of the Trustees for the year ended 31 March 2023 The trustees who are also directors of the charity for the purposes of the Companie5 Act 2006, present their report with the financial ststements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance wlth the Financial Reporting Standard applicable in the UK and Republlc of Ireland (FRS 102) (effective I January 20151. ACHIEVEMENT AND PERFORMANCE Charftable activities The principle activity of the company in the year under VIeW was that of the promotion of the area and community in and around Kells & Connor for the benefit of the inhabitants thereof without distinction. STRUCTURE. GOVERNANCE AND MANAGEMEKr Governlng document The charity is controlled by its 8ovemin8 document. a deed of trust, and constltutes a limited company, Ilmlted by guarantee, as defined by the Companles Act 21YJ6. REFERENCE AND ADMINISTRATIVE DEfAILS Rezlstered Company Number N1610189 (Northem Ireland) Re8lstered Charlty number 101380 Reglstered Office Kells & Connor Community Centre Glenaan Walk Kells Ballymena Co Antrim BT42 3JX Trustees Mrs A L Craig Mr M Smyth Mr M Surgenor Mr David Grant Page I
Independent Examiner Mrs Nicola Marks 42 Carnalbanagh Road BT44 ODQ Approved by order of the board of trustees on by: // and signed on its behalf Mrs A L Craig-Tr Page 2
Kells & Connor Community ImproveThnt Associatlon Independent Examlnerfs Report for the year ended 31 March 2023 Independent Examlnerfs report to the trustees of Kells & Connor Communlty Improvement Assoclation (the Companrf) I report to the charity trustees on my examination of the accounts of the Company for the year pnApd 41 Marrh ?n?I Responslbllltles and basls of report As the charlvs trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requlrements of the Companies Act 2006 ('the 2LN)6 Acv). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2(X)6 Act and are eligible for independent examination, I report in respect of my examination of your charltys accounts as carried out undersertion 145 of the Charities Act 2011 {'the 2011 Act,). In carryin8 Out my examination I have followed the Directions given by the Charities Commission under sectlon 14515) Ibl of the 2011 Act. Independent Examlners Statement I have completed my examination. I confirm that no matters have come to my attention In connection with the examination giving me cause to believe: l. accountlng records were not kept in respect of the Company as requlred by sectlon 386 of the 2006 Act; or 2. the accounts do not accord with those records: or 3. the accounts do not compty wlth the accounting requirements of sectlon 396 of the 2006 Act other than any requirement that the accounts give a true and falr vlew whlch Is not a matter considered as part of an independent examinat6on; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reportlng by charltles [applicable to charitles preparing their accounts in accordance wlth the Flnancial Reportin8 Standard applicable in the UK and Republk of Iland (FRS 102)]. I have no concerns and have come across no other matter in connection with the examinatlon to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Date: Nicola Marks Independent Examiner. 42 Carnalbanagh Road, Glenarm BT44 ODQ
Kells & Connor Communlty Improvement Association Charfty No: 101380 Statement of financlal Acthiities for the year ended 31 March 2023 2023 Unrestrlrted Restrkted Total fund fund funds Notes £ 2022 Total funds INCOME AND ENDOWNMENT5 FROM Donations and Legacies 33,587 33.587 14,082 Other trading activities Investment income 571 3,692 571 3,692 3,568 1.603 Total 4,263 33W7 37.850 19,253 EXPENDITURE ON Charltable artlvltles Communlty Improvements 20.525 23.905 25,538 NET INCOME/(EXPENDITURE) 13,062 13,945 (6,285) RECONCILIATION OF FUNDS Totsl fvnds bought forward 21.301 21,301 27,586 TOTAL FUNDS CARRIED FORWARD 22,184 13,062 35,246 21,301 The notss forni part of these flnanclal statements.
Kells & Connor Community Improvement Assoclatlon Charfty No: 101380 Balante Sheet as at 31 March 2023 2023 Unrestrlcted Restricted Totsl fund fund funds Notes £ 2022 Total funds CURRENT ASSErs Cash at bank 30,681 30.681 16,736 CREOITORS Amounts falling due within one year NEf CURRENT ASSErs 30,681 30,681 16,736 TOTAL ASSEfs LESS CURRENT UABILITIES 30,681 30.681 16,736 (ACCRUALS AND DEFERRED INCOME) NET ASSETS 30,681 30,681 16,736 FUNDS Unrestricted funds Restrfcted fvnds 22,184 13,062 21,301 TOTAL FUNDS ,246 21,301
Ke115 & Connor Community improve1rt Association At 31 March 2023 The charltable company is entitled to exemption from audit under Section 477 of the Companies Act 21J)6 for the year ended 31 March 2023. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 In accordance with Sectlon 476 of the Companies Act 2(X)6. The trustees acknowledge their responsibilities for {a) ensuring that the charitable company keeps accounting records that comply wlth Sections 386 and 387 of the Companies Act 2(XJ6 and {bl preparing financial statements which give a true and fair vlew of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deflcSt for each flnancial year in accordan with the requirements of Sections 394 and 395 and which otherwise comply wlth the requirements of the Companies Act 26 relating to financSal statements, so far as applicable to the charitsble companv. These flnancial statements have been prepared in accordance wlth the provisions appllcable to charitable companies subject to the small companies re8ime. The flnancial statements were approved by the board of Trustees on and were signed on its behalf by: 11 Mrs A L Cral8-Trustee The notes forms part of these financial statements Page 6
Kells & Connor Community Improvement As%xiation Notes to the Flnancial SLitsrnents for the year ended 31 March 2023 I. ACCOUNTING pouaES Basls of preparlng the flnanclal 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: Ststement 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) (effective l January 2015), Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Art 2006. The flnanclal statements have been ppad under the historical cost convention. Income All income 15 recognised in the Statement of Financial Activities once the charity has entltlement to the funds, it Is probable that the income will be reIVed and the amount can be measured reliably. Expendlture Liabilities a recognlsed as expendlture as soon as there Is a legal or constructlve obllgatlon commtttin8 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 reliablv. Expenditure is accounted for an accruals basis and has been classified under headings that aggregate all cost related to the category. Where cost5 cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of reSoUrs. Taxatlon The charity is exempt from corporatlon tax on Its charitable actlvitles. Fund a¢¢ountin8 Unrestrirted fvnds can only be used in accordance with the charitable objectives at the discretion of the trustees. Page 7
Kells & Connor Communlty Improvemnt Association Notes to the Flnanc6al Statements . Continued for the year ended 31 March 2023 Restricted funds can only be used for particular restricted purposes within the obiects of the charity. Restrictions arise when specified by the donor or when funds a raised for particular restricted purpo*s. Further explanations of the nature and purpose of each fvnd is included in the notes to the financial ststements. 2. OTHER TRADING AcllviTIES 2023 2022 Fundralslng and donations Sundry income 571 3,568 3. INVESTMENT INCOME 2023 2022 Rents received Deposit account interest 3,692 1,570 4. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other nefftS for the year ended 31 March 2023 nor for the year ended 31 March 2022. Trusted expenses There were no trustees. expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022. Page 8
Kells & Connor Communlty Improvement Association to thÈ Flnanclal StatÈmÉnts . contlnued for the year ended 31 March 2023 5. COMPARATIVES FOR THE STATEMENT OF FINANaAL AcnvmES Unrestrfcted Restrfcted Fund Fund Total Fund5 INCOME AND ENDOWMENTS FROM Donations and legacies 33,587 33,587 Other trading activities Investment income 571 3 692 571 Total 4263 33.587 3750 EXPENDITURE ON Charltable actlvltles Community Improvements Total NEf INCOME/{EXPENDITVRE) ,062 ts.945 RECONCIUATION OF FUNDS Totsi fvnds brought fonrd TOTAL FUNDS CARRIED FORWARD Page 9
Kells & Connor Communlty Improvement AssocSatSon Notes to the FInala1 Statements- contlnued for the year ended 31 March 2023 6. CREDITORS AMOUNTS FAWNG DUE wmiiN ONE YEAR 2023 2022 Accrued expenses 7. ACCRUALS AND DEFERRED INCOME 2022 2021 Deferred Government Grdnts 8. MOVEMENT IN FUNDS Net At 114122 In funds At 3V3123 Unrestrlrted funds General fund 13,945 TOTAL FUNDS 13,945 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2023. Page 10
Kells & Connor Communlty Improvement As%Jclatlon Company No: 101380 Detsiled Statement of Financial Actlvities for the year ended 31 March 2023 2023 2022 INCOME AND ENDOWNMENTS Donatlons and le8acies Grants 33,587 14,082 Other tradlng artlvltles Fundraising and donations Sundry income 571 3,568 20 3,588 571 Investment Incorne Rents received Deposlt account Interest 3.692 1,570 13 1.583 19,253 3.692 37.850 Totsi Incomlng resources EXPENDITURE Charltable actlvltles Envlronment and village Improvement Covld 19 PPE & Food Communlty ProJects/Events 73 12,555 18.794 18.867 9,126 21.681 Support costs Managemert Insurance Light and heat Internet Offlce Equipment l)nnation. Bank Charges Tractor Costs Mlscellaneous 1.736 1,676 376 264 83 69 39 449 438 3,394 45 812 269 4.575 Goverance costs Accountancy and legal fees Companies House fees Total resources expended 450 13 25.538 13 Net Incon l(expendlture) 13.945 (6.285 This page does not forni part of the statutory financial statements. Page li