COMPANY REGISTRATION NUMBER: N1041587
CHARITY REGISTRATION NUMBER: 101969
Sixmilecross Enterprise Limited
Company Limited by Guarantee
Financial Statements
31 March 2024

Sixmilecross Enterprise Limited
Company Limited by Guarantse
Financial Statements
Year ended 31 March 2024
Page
Trustees, annual report (incorporating the director's report)
Independent examiner's report to the trustees
statement of financial activities (including income and
expenditure account)
Statement of financial position
Notes to the financial statements

Sixmilecross Enterprise Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 31 March 2024
The trustees, who are also the directors for the purposes of company law. present their report and the
unaudited financial statements of the charity for the year ended 31 March 2024.
Reference and administrative detai18
Reglstered charity name
Sixmilecross Enterprise Limited
Charlty registration number
101969
Company reglstratlon number N1041587
Prfnclpal offico and regi8tered 32 Main Street
office
Sixmilecross
Co Tyrone
BT78 1 BN
The trustees
Mr S Morrow
Mr T Kelly
Mr J Heaney
Mrs M Caffrey
Miss M Gormley
Mr J Donnelly
Mr W Anderson
Mr A Heaney
Company secretary
Majella Gormley
Independent examlnèr
Nial Colhoun
Unit B15
Omagh Enterprise Centre
Great Northem Road
OMAGH
Co Tyrone
BT78 SLU

Sixmilecross Enterprise Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Directorfs Report) (conllnued)
Year ended 31 March 2024
Structuro, governance and management
i) Governing document
Sixmilecross Enterprise Limtted is a Company Limited by guarantee. incorporated on 25th September
2001, and registered as a charity with the Charity Commission for Northern Ireland on 24th March
2016. The governing document of the charity is a Memorandum and Articles of Association which sets
out the objectives and powers of the charitable company.
ii) Recruitment and apFJointment of management commrttee
The directors of the company are also the trustees for the purposes of charity law. Under the
requirements of the Memorandum and Articles of Association the management committee is elected
on an annual basis.
ii) Organisational structure
Sixmilecross Enterprise Limited has a management committee of eight trustees.
iv} Financial risk management
The management committee take risk management seriously and have in place a series of procedures
about how the organisation should be managed. Sixmilecross Enterprise Limited is largely dependent
on income generated from renting out office space in the Enterprise Centre. The directors do not
foresee any financial risks in the coming year.
Objectives and actlvltles
The objectrve of the Company is to promote for the public benefit of the inhabitants of the Sixmilecross
area of County Tyrone rural regeneration. They do this by the.. creation of training and employment
opportunities through the provision of work space, buildings andlor land for use on favourable terms.
relief of unemployment.
advancement of education, training or re-training, particularly among
unemployed people.
relief of povety. preservation and protection of health, the protection and
conseNatlon of the natural environment, the preservation of the architectural and cultural heritage of
the area of benefit. provision of assistance in the provision of recreational facilities for the public at
large andlor those who, by reason of their youth, age, infirmity or disablement, povety or social and
economlc clrcumstances, have need of such facillties.
Achievements and perfornlance
During the year Sixmilecross Enterprise Limited successfulty let all residential apartments and
commercial units. Expenditure was kept to a minimum with only necessary repairs and maintenance
carried out.
Financial review
The company is a charitable organisation. The results for the year are set out in the Statement of
Finanical Activrties.
Small company provlslons
This report has been prepared in accordan￿ with the provisions applicable to companies entided to
the small companies exemption.

Sixmilecross Enterprise Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) (contlnued)
Year ended 31 March 2024
The trustees, annual report was approved on 30 July 2024 and signed on behalf of the board of
trustees by".
Miss M Gormley
Trustee

Sixmilecross Enterprise Limited
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Sixmilecross Entsrprise
Limited
Year ended 31 March 2024
I report to the trustees on my examination of the financial statements of Sixmilecross Enterprise
Limited ('the charity) for the year ended 31 March 2024.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are
responsible for the preparation of the financial statements in accordan￿ with the requirements of
Charities Act (Northern Ireland) 2008 (the '2008 Acr) and the Companies Act 2006 {'the 2006 Act,).
You are satisfied that the accounts of the company are not required by charity or company law to be
audited and have chosen instead to have an independent examination.
Having satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
the charivs financial statements as carried out under seclion 65 of the 2008 Act. In carrying out my
examination I have followed the general Directions given by the Charity Commission for Northern
Ireland under section 65{9)(b) of the 2008 Act.
Indepondent examln6rf8 Statement
I have completed my examination. I confirm that no matters have come to my attention in connection
with my examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the charity as required by section 386 of the
2006 Act., or
the financial ststements do not accord with those records., or
the financial statements do not comply with the accounting requirements of section 396 of
the 2006 Act other than any requirement that the accounts give a 'true and falrf view which is
not a matter considered as part of an independent examination; or
the financial ststements have not been prepared in accordan￿ with the methods and
principles of the Statement of Recommended Practice for accounting and reporting by
charities applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Sixmilecross Enterprise Limited
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Sixmilecross Enterprise
Limited (continued)
Year ended 31 March 2024
I confirm that there are no other matters to which your attention should be drawn to enable a proper
understanding of the accounts to be reached.
A/J 6L
Nial Colhoun
Independent Examiner
Unit B15
Omagh Enterprise Centre
Great Northem Road
OMAGH
Co Tyrone
BT78 SLU

Sixmilecross Enterprise Limited
Company Limited by Guarantse
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2024
2024
Restricted
funds Total funds Total funds
2023
Unrestricted
funds
Note
Income and endowments
Other trading activtties
Investment income
30,873
70
30.873
70
25,099
11
Total income
30,943
30,943
25,110
Expenditure
Expenditure on charitable activities
Total expendlture
23,361
23.361
23,361
23,819
23.819
23,361
Net income and net movement In funds
7,582
7,582
1,291
Reconclllatlon of funds
Total funds brought fonNard
Total funds carried forward
88,315
3,500
3,500
91,815
99,397
90,524
95,897
91,815
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 9 to 12 forni part of these financlal statements.

Sixmilecross Enterprise Limited
Company Limitsd by Guarantee
Statement of Financial Position
31 March 2024
2024
2023
Note
Fixed assets
Tangible fixed assets
693,523
713.353
Current assets
Debtors
Cash at bank and in hand
10
3.500
13.003
3.500
2,528
16,503
6,028
Creditors: amounts falling due within one year
Net current assets
11
5,462
11,041
704,564
5,625
403
Total assets less current liabilities
713,756
Creditors: amounts falling due after more than one year
Net assets
12
605,167
99,397
621,941
91,815
Funds of the charity
Restricted funds
Unrestricted funds
3,500
95,897
99,397
3.500
88,315
91,815
Total charity funds
14
For the year ending 31 March 2024 the charity 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 to obtain an audit of its financial statements for the
year in question in accordance with section 476.,
The directors acknowledge their responsibilities for comp￿Ing with the requirements of the Act
with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies. regime.
The statement of financial position
continues on the following page.
The notes on pages 9 to 12 forni part of these financial ststements.

Sixmilecross Enterprise Limited
Company Limited by Guarantee
Statement of Financial Position (continued)
31 March 2024
These financial statements were approved by the board of trustees and authorised for issue on 30 July
2024, and are signed on behalf of the board by..
Miss M Gormley
Trustee
Twstee
The notes on pages 9 to 12 forni part of these financial statements.

Sixmilecross Enterprise Limited
Company Limited by Guarantee
Notes to the Financial Ststements
Year ended 31 March 2024
General Inforniation
The charity is a public benefit entity and a private company limited by guarantee, registered in
Northern Ireland and a registered charity in Northern Ireland. The address of the registered office
is 32 Main Street, Sixmilecross, Co Tyrone, BT78 1 BN.
statement of compllance
These financial statements have b&n prepared in compliance wtth FRS 102, 'The Financial
Reporting Standard application in the UK & the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK an the Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)) and th8 relevant companies and charities law.
Accounting pollcles
Basls of preparatlon
The financial statements have been prepared on the hlstorlcal cost basis.
Going concern
There are no material uncertainties about the charitys abilty to continue.
Judgements and key Sources of estlmatlon uncertainty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These estimates 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 circumstances.
Fund accountlng
Unrestricted funds are available ft)r use at the discretlon of the trustees to further any of the
charity's purposes.
Incoming resources
All income is included in the Statement of Financial Activities when entitlement has passed to the
charity, it is probable that the economic benefrts associated with the transaction will ftow to the
charity and the amount can be reliably measured. The following specific policy is applied to rent
received from premises..
rental income is recognised upon delivery of the contracted seN1￿. This is classtfied as
unrestricted funds unless there is a contractual requirement for it to be spent on a particular
purpose and returned if unspent. in which case it may be regarded as restricted.

Sixmilecross Enterprise Limited
Company Limited by Guarantee
Notes to the Financial Statements {continued)
Year ended 31 March 2024
Accounting policies (continued)
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes
VAT and is classified under the heading 'Expenditure on charitsble activities, in the Statement of
Financial Activities. This includes all costs incurred by the charity in undertaking activities that
further its charitable aims for the benefit of its beneficiaries, including those support costs and
costs relating to the governance of the charity apportioned to charitable activities.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any
accumulated depreciation.
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..
Freehold propety
Fixtures and fittings
2 % straight line
20 % reducing balance
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants
are not recognised until there is reasonable assurance that the company will comply with the
conditions attaching to them and the grants will be received.
Limited by guarantee
Sixmilecross Enterprise Limited is a company limited by guarantee and accordingly does not have
a share capital.
Other trading activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Rental income
30,873
30,873
25,099
25,099
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank interest receivable
70
70
10

Sixmilecross Enterprise Limited
Company Limited by Guarantee
Notss to the Financlal Statements (conrfnued)
Year ended 31 March 2024
Net income
Net income is stated after chargingl(crediting):
2024
2023
Depreciation of tangible fixed assets
19,830
19,966
Trustee remuneration and 8xpen808
A trustee received £1,040 in remuneration in relation to the provision of services. (2023.. £1,040)
No other trustees have been paid any remuneration.
Tanglble flxed a88ets
Freehold Fixtures and
property
fittings
Total
Cost
At 1 Aprll 2023 and 31 March 2024
Depreclatlon
At 1 April 2023
Charge for the year
At 31 March 2024
964,396
32,610
997,006
253,753
19,288
273,041
29,900
542
283,653
19,830
303,483
30,442
Carrying amount
At 31 March 2024
6g1,355
710,643
2.168
693,523
713,353
At 31 March 2023
2,710
10. Debtors
2024
2023
other debtors
3,500
3,500
11. Creditor8: amounts falllng due wlthln ono year
2024
2023
Trade creditors
Social security and other taxes
2,955
2,507
5,462
4,788
837
5,625
11

Sixmilecross Enterprise Limited
Company Limitsd by Guarantee
Notes to the Financial Statsments (continued)
Year ended 31 March 2024
12. Credltors: amounts falling due after more than one year
2024
2023
Accruals and deferred income
605,167
621,941
13. Deferred government grants
2024
2023
At 1 April 2023
Amount released to income
621,941
(16,774)
605,167
638,767
(16,826)
621,941
At 31 March 2024
14. Analy81s of charltable funds
Unre8trlctsd fund8
At
31 March 202
At
1 April 2023
Income Expenditure
General funds
88,315
30,943
(23,361)
95,897
At
31 March 202
At
1 April 2022
Income Expendlture
General funds
87,024
25,110
(23,819)
88,315
Restricted fund8
At
31 March 202
At
1 April 2023
Income Expenditure
Restricted Fund
3,500
3,500
At
31 March 202
At
1 April 2022
Incorne Expenditure
Restricted Fund
3,500
3,500
16. Restrlcted funds
Restricted funds raised for the choir totalling £3,500 will be held on account and used for the
good of the village once a suÈtable project becomes available.
12