Company reglstratlon number: N1028926
Llsnaskea Communlty Entorprl8es Ltd
Company Ilmlted by guarantee
Unaudlted flnanclal 8tatemonts
310ecember 2023

Llsna8kea Communlty Enterprfse$ Ltd
Company Ilmlted by guarantee
Statement of comprehenslve Income
Year •nd•d 31 D•c•mber 2023
2023
2022
Note
Turnover
Cosl of 8ale8
165,579
{13,223)
147,914
(23,641)
Gross profit
152,356
124,273
AdmSnlstratN8 8XP8ns88
Other operating income
(97,335)
6,008
{87,186)
12.760
Op•ratlng proflt
61.029
49,847
Other Interest receivable and Slmllar Incwne
Proflt before taxallon
12,106
73,135
52
49,899
Tax on proflt
Profit for the flnanclal year and totsl
compr•hen•lve Income
73,135
49,899
All the acllvttie8 of the company ar8 from conUnulng operations.
The notes on pages 7 to 11 fonn part ol these financlal statements.
Page 3

L18naskea Comrnunlty Entsrprlses Ltd
Company Ilmlted by guarantee
ststement of financlal posltlon
31 December 2023
2023
2022
Note
Flxed assets
Tangible assets
7 1,092,393
1,133,226
1,092,393
1,133,226
Current a8•ets
Stocks
Debtors
Investmen18
Cash at bank arKI In hand
37,708
17,754
200,0(KI
325,971
37,708
16.783
200.000
239,351
581.433
493,842
Credltorn: amounts falllng due
wllhln one year
10
(26,190)
(23,874)
Net current assets
555,243
469,968
Total assets lem currnnt Ilabllltl•8
1,647,636
1,603.194
Credltorn: amount• falllng due
after morn than one year
11
(686,721)
960,915
(715,414)
Net a8•ets
887,780
Capltsl and reserve•
Revaluation reseNe
Profit and loss account
46,074
914,841
46,074
841,706-
Membern fundg
960,915
887,780
For the year endSng 31 December 2023 the company was entitted to exemptk)n trom audli under seciion 477
of the Companies Act 2006 relating lo small companies.
Directors responsibilitie8:
The m8mber8 have not raqulred the company to obtaln an audlt of its financlal statements for th8 yaar In
question In accordance with section 476,.
The directors acknowledge their rewsibillties for complying with the requirements of the Ad with respect
to accountlng records and the preparats'on of financlal statements.
These financial statements have been prepared in accordance wrth the provlslons appllcable lo companles
subject to the small companies. regime and in accordance with Sectbon 1A of FRS 102 The Financial
Reporbng Standard applicable in the UK and Republic of Ireland,.
Th• notes on page• 7 to 11 ft>rm part of the•e financlal Statements.
Page 4

Llsnaskea Communlty Enterprlses Ltd
Company Ilmlted by guarantee
statement of changes In equlty
Year •nd•d 31 December 2023
Revaluatk)n
reserve
Profit and
108S
account
Total
At 1 January 2022
46,074
791,807
837,881
Profll for the year
49,899
49,899
Total comprehenslv• Income for the year
49,899
49.899
At 31 December 2022 and 1 January 2023
46,074
841,706 887,780
Pn)flt for the year
73,135
73,135
Total comprehenslve Income for the ￿ar
73,135
73.135
At 31 December 2023
46,074
914,841
960,915
Page 6

Llsnaskea Communlty Enterprlses Ltd
Company Ilmfted by guarantee
Note8 to the flnancial statements (contlnued)
Year ended 31 Dec•mber 2023
Flnanclal Instruments
A flnanclal asset or a financial Ilabillty Is recognlsed only when the company become8 a paty to the
contractual provlsions of the Instrument.
Basic financlal Instruments are inltlally recogntsed at th8 transactlon prlce, unless the arrangement
constitutes a financing transactlon, where it is recognlsed at the present value of the future payments
discounted at 8 market rate of interest lor a 8imilar debt Instrument.
Debt instruments are subSequen￿Y measured at arnortised cost.
Where investments In non-convertible preference shares and non-puttable ordlnary shares or
preference shares are publicly traded or thelr fair value can otheTh¥ise be measured reliably. the
Investment is subsequently measured at fair value with changes in fair value recognised in profit or108S.
All other such Investments are subsequently measured at cost less Impalm)ent.
Other Ilnancial instwments, including derivatlves, are Initially recognis8d at fair value. unless payment
for an asset is deferred beyond normal buslness lerms or financed at a rate of interest that Is not a
rnarket rate, In whlch case the asset 18 measured at the present value of the future payments
discounted at a market r8t8 ol Interest for a slmilar debt In8trum8nt.
Other financial instruments are subsaquently measured at fair value, wlth any changes recogn18ed in
profil or loss, with the exception of hedging instruments In a designated hedging r8lationshlp.
Financial assets that are measured at cost or amortised cost are reviewed for 0￿.eCtIVe evldence of
Impalrmenl at the end of each reportlng date. 11 there Is objective evidenc8 ol Impalrment, an
Impalrmenl10881s recognlsed In proflt or108s Immedlately.
For all equlty instruments regardless of significance, and other financlal a88ets that are Indlvldually
slgnificant, these are assessed indlvldually for Impaimient. Other financlal assets or either assessed
indivldually or group8d on the basls of 81mllar credlt r18k characterlstlcs.
Any reversals of impalrment are recognised In profil or10&8 immediately. to the extent that the reversal
does not result in a carrying amount of the financial asset that exceeds what the carying amount would
have been had the impaimient not previously been recognised.
Llmlt•d by guarnntee
The company18 limfted by guarantee wlth no 8hare capltal, therefor8 the dlreclor8 hold no Intere81.
Employee numbern
The average number of persons employed by th8 company durlng the year amounted to 1 (2022: 1).
Profft before taxatlon
Profit before taxatlon Is stated after chargingl(crediting}:
2023
2022
Depraclatk)n of tanglble a8sats
40,833
41,615
Page 9

Llsnaskea Communlty Enterprf$¢s Ltd
Company Ilmlled by guarantee
Notes to the flnanclal Statements Icontlnuéd)
Year •nd•d 31 Dec•mber 2023
Tanglble assets
Freehold
Flxtures,
property fittings and
equipment
Total
Cost
Al 1 January 2023 and 31 December 2023
Depreclatlon
At 1 January 2023
Charge for the year
1.846,300
104.948
1,951,248
742.590
36.406
75,432
4.427
818,022
40,833
At 31 December 2023
778,996
79,859
858,855
Carrylng amount
At 31 December 2023
1,067,304
25,089
1,092,393
At 31 December 2022
1,103,710
29,516
1,133,226
Debtor•
2023
2022
Trade debtor8
Other debtors
7,979
8,804
13,208
17,754
16,783
nv￿tfflants
2023
2022
Other Inve8tm8nt8
200,000
200.000
10.
Credftor8: amounts falllng due wlthln one year
2023
2022
Social security and other taxes
Other credltors
4.829
21,361
3.517
20.357
26,190
23,874
Page 10

Llsnaskea Cornmunlty Enterprlses Ltd
Company Ilmlted by guarantee
Notes to the flnanclal ¥tatements (contlnued)
Year ended 31 Dec•rn￿r 2023
11.
Credltorn: amounts falllng due after more than one year
2023
2022
Other creditors
686,721
715,414
pago 11

Lisnaskea Community Enterprises Ltd
Company limited by guarantee
The rnembers have not required the company to obLqin an audit of its financial statements for the year in
question ￿ accordance with section 476.
The directors acknowledge their responsibilities for complying 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 and m accordance with Section IA of FRS 102 'The Financial
Reporting Standard applicable in the Uk and Republic of Ireland,.
Statement of financial position (continued)
31 December 2023
These financial statements were approved by the board of dir￿torS and authorised for issue on and are
$18ned on beha
theb
ohn Wesley Warrington
Director
Company registration numb¢r.' Nl 028925
Mr Shaun Curran
DAr￿lor
The notes on pages 7 to i I fonn part of these financial statements.
Page 5