COMPANY REGISTRATION NUMBER: N1037759 CHARITY REGISTRATION NUMBER: NIC102464 KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Unaudited Financial Statements 31 December 2022 PURDY QUINN Chartered accountants Northern Bank House 42 Greencastle Street KILKEEL Co Down BT34 4BH
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Financial Statements Year ended 31 December 2022 Page Trustees, annual report (incorporating the directors, report) Independent exarniner's report to the directors Statement of financial activities (including income and expenditure account) Statement of financial position Statement of cash flows Notes to the financial statements The following pages do not form part of the financial statements Detailed statement of financial activities Notes to the detailed statement of financial activities 21 23
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directors. Report) Year ended 31 December 2022 The directors, 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 December 2022. Reference and administrative details Registered charity name Charity registration number Company registratlon number N1037759 Principal office and registered 17-19 Greencastle Street office Kilkeel Co Down B34 4BH N Ireland KILKEEL PARISH BRIDGE ASSOCIATION LIMITED NIC102464 The directors Mr S Tomkins Mrs G M McAtee Mr C W Morris Rev A N Calvin Mrs L V Henderson Mrs L J Henderson Mr l J Henderson (Appointed 1 February 2022} Independent examiner Una Cunningham BA FCA Northern Bank House 42 Greencastle Street KILKEEL Co Down BT34 4BH Structure, governance and management The company is incorporated under the Companies (Northern Ireland) Order 1986, being a company limited by guarantee not having a share capital. Kilkeel Parish Bridge Association Limited is managed by a Committee whose members are the directors and six to eight paid staff. The day to day running of the charity rests with Ivan Henderson the project manager. As required on an ad hoc basis the Board Members discuss the appointment of potential new Board Members for appointment to the Board. Suitable people are approached and if they are willing to serve on the Board, their nomination is put forward for approval by the Board. There is no maximum term of office. Induction and training of directors is provided in house.
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directors, Report) (continued) Year ended 31 December 2022 Objectives and activities The company's objects are to promote the benefit of the community of Kilkeel, Co Down and surrounding area without distinction of sex, sexual orientation, race or of political, religious or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organisations in a common effort to advance education, to provide training, to preseNe the environment and heritage of the area of benefit and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the object of improving the conditions of life for the said community. Achievements and performance The charity's youth section known as JIMS has continued to deliver high quality programmes and services to the local community. In addition, Regenerate.. Mental Health Hub grew from strength to strength in 2022. JIMS continued to deliver core programmes such as.. weekend drop-in, Jolly Ranchers, monthly kids, club, After Schools Club, trips and more during the school year. Volunteers were essential in helping ensure that all programmes were run well and that participants thoroughly enjoyed all activities. JIMS partnered with Newry Street Unite to deliver T.'BUC in 2022 which saw 20 young people engage in good relations and earn an OCN Level 1 in Cultural Diversity. Throughout the summer of 2022, JIMS took young people to Sumrner Madness - this was enjoyed by all. A team of 16 young people took part in Step Up and delivered a very successful Project 6.8 for 90 children - utilising the great space in JIMS as a base. Throughout August, young people engaged in various arts and craft workshops while 12 young people earned their John Muir 'Discover Award" thanks to the Woodland Trust and Mourne Park. Regenerate developed partnerships with a variety of local schools thanks to 'Happy Healthy Minds,. Counsellors provided 1-to-1 therapy and group therapy in schools and in the centre while our detached youth worker facilitated a range of classes suitable to key stage 2 pupils. Regenerate provided over 100 childrenlyoung people with counselling sessions while seeking to build resilience in young people through small groups. Our detached worker partnered with Art Academy Nl to produce Iwo beautiful murals designed and painted by our young people along the JIMS alley which portray growth and development. In 2022, KPBAL has secured further funding to continue delivering a range of programmes to ensure that children and young people are able to avail of high quality seNices, new experiences and build friendships in safe space. We are most thankful to all those who support the work of Kilkeel Parish bridge Association Ltd in a financial way. We thank all of our funders and those in our local community, who at this time of economic difficulty continue to financially support us. The Directors wish to record their thanks to all who work and serve in the project, to the staff for their hard work and dedication and the 60+ volunteers who give of their time to ensure the smooth running of the project. The Directors also thank all the young people who have made JIMS what it is with their excitement, ideas, and joy. Thanks be to God for His provision throughout 2022.
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directors, Report) (continued) Year ended 31 December 2022 Achievements and performance (continued) Risk Review The directors continue to assess the major risks to the charity. In particular, the challenges around the current funding climate and are satisfied that the correct systems are in place to mitigate exposure to the risks. Financial review The results for the year are set out in the attached financial statements. The total funds held at the end of the year are shown in the notes to the financial statements. Note 15 highlights the analysis of restricted funds. Small company provisions This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. The trustees, annual report {incorporating the directors, report) was approved on 12th September 2023 and signed on behalf of the board of trustees by- Mr S Tomkins Director Charity Secretary
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Independent Examiner's Report to the Directors of KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Year ended 31 December 2022 I report to the directors on my examination of the financial statements of KILKEEL PARISH BRIDGE ASSOCIATION LIMITED I'the charity,) for the year ended 31 December 2022. Responsibilities and basis of report As the directors of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of Charities Act (Northern Ireland) 2008 (the '2008 Act,) 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 charity's financial statements as carried out under section 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 6519){bl of the 2008 Act. Independent examiner's 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 statements 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 fair, view which is not a matter considered as part of an independent examination. or the financial statements have not been prepared in accordance 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 IFRS 102). 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. Una Cunningham BA FCA Independent Examiner Northern Bank House 42 Greencastle Street KILKEEL Co Down BT34 4BH
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee ststement of Financial Activities (including income and expenditure account) Year ended 31 December 2022 2022 Restricted funds Total funds 2021 Unrestricted funds Total funds Note Income and endowments Donations and legacies Charitable activities Investment income 6,661 13,972 117,839 124,500 13,972 146,242 11,533 Total income 20,642 117,839 138,481 157,775 Expenditure Expenditure on charitable activities Total expenditure 34,732 126,816 161,548 157,925 34,732 126,816 161,548 157,925 Net expenditure and net movement in funds (14,090) (8,977) (23,067) (150) Reconciliation of funds Total funds brought forward Total funds carried forward 88,034 73,944 220,466 308,500 308,650 211,489 285,433 308,500 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notss on pages 9 to 19 forni part of these financial statements.
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Statement of Financial Position 31 December 2022 2022 2021 Note Fixed assets Tangible fixed assets 15 349,320 358,903 Current assets Stocks Debtors Cash at bank and in hand 16 17 900 3,154 60,012 64,066 464 9,014 57,145 66,623 Creditors: amounts falling due within one year Net current assets 18 58,173 47,247 5,893 19,376 Total assets less current liabilitles 355,213 378,279 Creditors: amounts falling due after more than one year 19 69,780 285,433 69,780 Net assets 308,499 Funds of the charity Restricted funds Unrestricted funds 211,489 73,944 220,465 88,Q33 Total charity funds 22 285,433 308,498 For the year ending 31 December 2022 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 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. The statement of financial position continues on the following page. The notes on pages 9 to 19 form part of these financial statements.
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Statement of Financial Position (Continued) 31 December 2022 These financial statements were approved by the board of trustees and authorised for issue on 12 September 2023, and are signed on behalf of the board by.. Mr S Tomkins Director The notes on pages 9 to 19 form part of these financial statements.
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Statement of Cash Flows Year ended 31 December 2022 2022 2021 Cash flovpJ from operating activities Net expenditure (23,067) 1150) Adjustments for.. Depreciation of tangible fixed assets Other interest receivable and similar income Interest payable and similar charges 14,210 (9) 955 13,946 612 Changes in.. Stocks Trade and other debtors Trade and other creditors Deferred income (436) 5,860 8,337 2,590 {5,467) 7,570 567 Cash generated from operations 8,440 17,089 I nterest paid Interest received {955) {612} Net Cash from operating activities 7,494 16,477 Cash flows from investing activities Purchase of tangible assets Net cash used in investing activities (4.627) {4,627) (2,988) (2,988) Net increase in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year 2,867 57,145 13,489 43.656 60,012 57,145 The notes on pages 9 to 19 form part of these financial ststements.
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Notes to the Financial Statements Year ended 31 December 2022 General information 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 17-19 Greencastle Street, Kilkeel, Co Down, B34 4BH, N Ireland. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and 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 and Republic of Ireland (FRS 102> (Charities SORP (FRS 102)) and the Companies Act 2006. 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 income or expenditure. The financial ststements are prepared in sterling, which is the functional currency of the entity. Going concern The company meets its day to day working capital requirements through charitable donations and funding. The nature of the company's business is such that there can be considerable unpredictable variation in the timing of cash inflows. Due to the amount of approved funding since the Balance Sheet, the directors consider that the company will continue to operate and consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of funding. Judgements and key sources of estimation 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 accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the directors for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds.
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Notes to the Financial Statements (oontinued) Year ended 31 December 2022 Accounting policies (continued) Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity-, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants is recognised when there is eviden of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and seNices are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified 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. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates.. expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a 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. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned bebween the activities they contribute to on a reasonable, justifiable and consistent basis. Tangible assets All fixed assets are initially recorded at cost. 10-
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Notes to the Financial Statements (eontinued) Year ended 31 December 2022 Accounting policies (continued) 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 property Plant & machinery Equipment 2 % straight line 20 /0 reducing balance 20 % reducing balance Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Vvhere the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit 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 impairment testing 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 charity are assigned to those units. Stocks Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition. Financial instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount re1vable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. 11
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2022 Accounting policies (contlnuedj Financial instruments (continued) Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. Vvhen contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. Limited by guarantee The company is incorporated under the Companies (Northern Ireland) Order 1g86, being a company limited by guarantee not having a share capital. Donatlons and legacies The major source of core operating income are grants received from National Lottery Funding and BBC Children In Need. Other project funding was received from various Foundations throughout the United Kingdom and Ireland. 12-
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2022 Donations and legacies (continued) Unrestricted Funds Restricted Total Funds Funds 2022 Donations Unrestricted donations Gift aid COVID Localised Financial Support Department for Commnities - Job Start Scheme Restricted grants & donations 4,772 389 4,772 389 1,500 1,500 117,839 124,500 117,839 6,661 117,839 Unrestricted Funds Restricted Total Funds Funds 2021 Donations Unrestricted donations Gift aid COVID Localised Financial Support Department for Commnities - Job Start Scheme Restricted grants & donations 6,852 317 17,028 6,852 317 17,028 122,044 122,044 146,241 The major source of core operating income are grants received from National Lottery Funding and BBC Children In Need. Other project funding was received from various Foundations throughout the United Kingdom and Ireland. Charitable activities 24,197 122,044 Unrestricted Total Funds Unrestricted Total Funds Funds 2022 Funds 2021 Income from non-investment propety in furtherance of the charity's objects JIMS - Gross income Junior JIMS Gross income Tuck shop income 4,655 4,866 99 3,852 4,655 4,866 599 3,852 13,972 5,178 4,153 5,178 4,153 2,202 11,533 2,202 13,972 11,533 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2022 Funds 2021 Bank interest receivable 13-
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2022 Expenditure on charitable activities by fund type Unrestricted Funds Restricted Total Funds Funds 2022 JIMS Junior JIMS Tucklcoffee shop Support costs 19,473 1,421 5,015 8,823 122,137 141,612 1,421 5,015 13,500 161,548 4,679 34,732 126,816 Unrestricted Funds Restricted Total Funds Funds 2021 JIMS JuniorJlMS Tucklcoffee shop Support costs 14,747 1,395 4,220 7,176 122,722 1,044 137,469 2,439 4,220 13,797 6,621 130,387 27,538 157,925 Expenditure on charitable activities by activity type Activities undertaken directly Support costs Total funds 2022 Total fund 2021 JIMS Junior JIMS Tuckjcoffee shop Governance costs 141,612 1,421 5,015 9,199 1,149 1,150 2,002 13,500 150,811 2,570 6,165 2,002 161,548 146,908 3,618 5,399 2,000 148,048 157,925 14-
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2022 10. Analysis of support costs Tuck shop& JIMS Junior Jims Coffee shop Total 2022 Total 2021 2,430 688 295 368 675 3,501 1,253 Staff costs Premises Communications and IT General office Finance costs Heat & light Repairs & maintenance Governance Accountancy 287 81 46 69 61 283 352 287 81 48 69 81 283 352 3,004 850 387 506 797 4,067 1,957 2,869 810 462 700 612 2,827 3,517 1,600 200 200 2,000 2,000 10,810 1,379 1,379 13,568 13,797 11. Net expenditure Net expenditure is stated after chargingl(crediting).' 2022 2021 Depreciation of tangible fixed assets 14,210 13,946 12. Independent examination fees 2022 2021 Fees payable to the independent examiner for.. Independent examination of the financial statements 2,000 1,000 13. Staff costs Total staff costs and employee benefits for the reporting period are analysed as follows: 2022 2021 Wages & salaries Pension costs 95,309 85,140 No employee received remuneration amounting to more than £60,000 in either financial year. The average head count of employees during the year was 10 (2021: 9). The average number of full-time equivalent employees during the year is analysed as follows.. 2022 2021 No. No. Administration Caretaker Youth Co-ordinators & Counsellors 10 No employee received employee benefits of more than £60,000 during the year12021: Nil). 15-
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2022 14. Trustee remuneration and expenses No remuneration or other benefits from employment with the charity or a related entity were received by the directors. 15. Tangible fixed assets Land and Fixtures and buildings fittings Equipment Total Cost At 1 January 2022 Additions 532,129 28,670 1,632 26,368 2,995 587,167 4,627 591,794 At 31 December 2022 Depreciation At 1 January 2022 Charge for the year At 31 December 2022 Carrylng amount At 31 December 2022 At 31 December 2021 532,129 30,302 29,363 186,435 10,643 21,807 1,698 20,022 1,869 228,264 14,210 197,078 23,505 21,891 242,474 335,051 6,797 7,472 349,320 358,903 345,694 6,863 6,346 16. Stocks 2022 2021 Tuck Shop & Coffee Shop 900 464 17. Debtors 2022 2021 Grant debtors Prepayments and accrued income 7,593 1,421 3,154 3,154 9,014 16-
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Notes to the Financial Statements (contlnuedj Year ended 31 December 2022 18. Creditors: amounts falling due within one year 2022 2021 HMRC- PAYE Accountancy Rent paid in advance Trade creditors Accruals and deferred income VISA 2,168 1,800 3,375 175 48,042 2,613 2,367 1,800 3,375 39,705 58,173 47,247 19. Creditors.. amounts falling due after more than one year 2022 2021 Other creditors 69,780 69,780 Included within creditors.. amounts falling due after more than one year is an amount of £69,780 (2021.. £69,780) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date. The Diocesan Council and Representative Church Body (RCB)has contributed to the funding of this project and will require repayment if the property at Greencastle Street is ever sold. The deeds are held by RCB bLJt they have not registered a legal charge on the property. 20. Deferred Income 2022 2021 Amount released to income Amount deferred in year At 31 December 2022 (113,212} {119,4491 161,254 159,154 48,042 39,705 At the year end significant restricted funding was advanced which had not been spent. This amount totalled £48,042 (2021- £39,704} and has been recorded as deferred income. 21. Pensions and other post retirement benefits Defined contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £2,339 (2021.. £2,105). 17-
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Notes to the Financial Ststements (continued) Year ended 31 December 2022 22. Analysis of charitable funds Unrestricted funds At 1 January 20 22 At 31 December 2022 Income Expenditure General funds 88,034 20,642 134,732) 73,944 At l January 202 At 31 December 2021 Income Expenditure General funds 79,841 35,731 {27,538) 88,034 Restricted funds At 1 January 202 At 31 December 2022 Income Expenditure Restricted Funds 220,466 117,839 (126,816) 211,489 At 1 January 202 At 31 Dernber 2021 Income Expenditure Restricted Funds 228,808 122,044 (130,386) 220,466 23. Analysis of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2022 Tangible f1xed assets Current assets Creditors less than 1 year Creditors greater than 1 year Net assets 65,522 16,208 (7,786) 283,798 47,858 (50,387) (69,780) 211,489 349,320 64,066 (58,173) (69,780) 285,433 73,944 Unrestricted Funds Restricted Total Funds Funds 2021 Tangible fixed assets Current assets Creditors less than 1 year Creditors greater than 1 year Net assets 68,481 24,728 15,175) 290,422 41,896 (42,072} (69,780) 220,466 358,903 66,624 (47,247) (69,780) (308,500) 88,034 18-
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 December 2022 24. Analysis of changes in net debt At At 1 Jan 2022 Cash flows 31 Dec 2022 Cash at bank and in hand 57,145 2,867 60,012 19-
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Management Information Year ended 31 December 2022 The following pages do not form part of the financial statements. -20-
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 December 2022 2022 2021 Income and endowments Donations and legacies Unrestricted donations Gift aid COVID Localised Financial Support Department for Commnities - Job Start Scheme Restricted grants & donations 4,772 389 6,853 317 17,028 1,500 117,839 124,500 122,044 146,242 Charitable activitles Income from non-investment propety in furtherance of the charity's objects JIMS - Gross income Junior JIMS Gross income Tuck shop income 4.655 4,866 599 3,852 13,972 5,178 4,153 2,202 11,533 Investment income Bank interest receivable Total income 138,481 157,775 21
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Detailed Statement of Financial Activities (contlnued) Year ended 31 December 2022 2022 2021 Expenditure Expenditure on charitable activities Opening stock Purchases Closing stock Wages and salaries Pension costs Rates and water Light and heat Repairs and maintenance Insurance Other motorltravel costs Legal and professional fees Telephone Other office costs Depreciation Interest on bank loans and overdrafts Interest on HP and finance leases Training Courses Donations Licentss & Subscriptions 464 33,445 (900) 95,309 2,339 860 4,377 1,568 2,392 1,146 2,002 369 456 14,210 843 112 1,001 132 1,423 161.548 475 41,416 (464) 85,140 2,105 810 2,827 3,518 1,534 341 2,000 462 701 13,946 612 1,010 660 832 157,925 Total expenditure 161,548 157,925 Net expenditure (23,067) {150) -22-
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities Year ended 31 December 2022 2022 2021 Expenditure on charitable activities JIMS Activities undertaken directly Cost of activities Wageslsalaries Pension costs Insurance Travel costs Depreciation Direct charitable activity 1-Miscellaneous Training costs Web design & maintenance Licences, fees etc. 29,415 92,271 2,339 2,392 1,146 11,368 112 1,001 132 1,423 37,560 82,271 2,105 1,534 341 11,156 1,010 660 832 141,599 137,469 Support costs Office wageslsalaries Rates & water Light & heat Repairs & maintenance Telephone Stationery, postage etc. Bank interest & charges 2,430 688 3,502 1,254 295 368 675 2,295 648 2,261 2,813 370 562 490 9,212 9,439 Junior JIMS Activities undertaken directly Junior JIMS tutor & exam fees Depreciation 1,044 1,395 1,421 1,421 2,439 Support costs Office wageslsalaries Rates & water Light & heat Repairs & maintenance 304 86 437 157 287 81 283 352 Carried forward 984 1,003 23-
KILKEEL PARISH BRIDGE ASSOCIATION LIMITED Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities (continued) Year ended 31 December 2022 2022 2021 Brought forward 984 1,003 Telephone Stationery, postage etc. Bank interest & charges 37 46 69 61 84 1,149 1,179 Tucklcoffee shop Activities undertaken directly Opening stock Tuck shop & coffee shop - Purchases Closing stock Depreciation 464 4,030 (9001 1,421 475 2,814 (464) 1,395 5,015 4,220 Support costs OfFice Wageslsalaries Rates & water Light & heat Repairs & maintenance Telephone stationery, postage etc. Bank interest & charges 304 86 438 157 37 287 81 283 352 46 69 61 84 1,150 1,179 Governance costs Accountancy fees 2,002 2,000 Expenditure on charitable activities 161,548 157,925 -24-