Newtownstewart Leisure Complex Limited (Company limited by guarantee) Trustees, report and financial statements for the year ended 31 December 2022 Registration number: N1037545 Northern Ireland Charity number: NIC102795 McFarland Ariiold & Co Chartered Accountants Neivtownstewart Leisure Complex Limited (Company limited by guarantee) Contents for the year ended 31 December 2022 Page Legal and adininistrative infoi'mation Trustees, report Independent auditors, I'eport Stateinent of financial activities Balance sheet Notes to the financial statements 9-16 Newtownstewart Leisure Complex Limited (Company limited by guarantee) Legal and administrative information for the year ended 31 December 2022 Legal statu5 The coinpany is a private lirnited company, limited by guarantee, which was incorporated under the Companies (Northern Ireland) Order 1986 under Registration Nuinber N1037545. It is also recognised as a chai'ity by the HM Revenue & Customs under Refei'ence Number XR38087. The company is a registered charity with the Charity Commission for Northern Ireland since 6 August 2015 under registration number NIC102795. Trustees Mr J H Dillon (deceased 8 September 2022) Mr R H Dillon (appointed 19 June 2023) Mi. R Donnell (appointed 19 June 2023) Mr C N Hamilton Mr J C Hainilton (appointed 19 June 2023) Mrs H Henderson Ms S Kilpakn'ick (appointed 19 June 2023) Mr M McAnnulla Mrs A Mccoiinick Mr L C J Mccormick Mr G J Mccorinick (appointed 19 June 2023) Mr A Moran (appointed 19 June 2023) Secretary Mrs H Henderson Company number N1037545 Registered office Grange Court 21-27 Moyle Road Newtownstewart Co Tyrone Auditors McFarland An)old & Co 8 Main Street Newtownstewart Co Tyrone Business address Newtownstewart Centre 2000 17 Moyle Road Newtownstewart Co Tyrone Bankers Danske Bank Donegall Square West Belfast Co Antrim Solicitors Mr J J Roche 9 Castle Brae Newtownstewart Co Tyrone Page I Newtownstewart Leisure Complex Limiteij (Company limited by guarantee) Trustees, report for the year ended 31 December 2022 The trustees present their report and the financial stateinents for the year ended 31 Deceinber 2022. Directors orficers of the coinpany, known as directors for Ihe piirpose of company law and trustees for the purpose of charity law. who served during the year and up to the date of this report are set out on page l. Meinbers of the charitable company guarantee to contribute an amount not exceeding £ I to the assets of the charitable company in the event of winding up. Charitable objects The charity was established to improve the conditions of life for the inhabitants of the Newtownstewart and District orea. To achieve this object, the coinpany aims to advance education and provide facilities, in tlie interest of social welfai'e, for recreation or other leisllre-tiine occupation for the inhabitants of the area. They aim to achieve this through participation of statutory bodies, voluntary organisations and indeed the inhabitants themselve5. In fui'tlierance of the objects, the coinpany built and now manages Newtownslewart Centre 2000, which not only provides facilities for a range of spoiting and educational activities, but provide5 accominodation for the local playgroup and Sure Start group. Newtownstewart Leisure Coinplex Limited is a registered charity Wlth the Charity Coinmission for Northern Ireland Since 6 August 2015, under registration nuinber NIC102795. Organisational structure The trustees meet regularly, administer the charity and make all policy decisions. In accordance with the Articles of Association the nuinber of directors shall not be less than three and one third are to retire each year by rotation. complex manager is appointed by the directors to manage the day-to-day operations of the charity. Related parties The charity has a close relationship wÈth Newtownstewart Development Association Limited because it has comjnon directors. A suirnnary of Ibe related party transactions is set out in note 17 to the financial slalemenls. Review of activities and achievements The results reflect the activities for Newtownstewart Centre 2000 carried out during the year ended 31 December 2022. During the year, the company continued lo lease accommodation to the local playgroup and Surestart group. The company has a Service Level Agreement with Derry City & Strabane Disctri¢t Council amounting to £37,500 per annum for the foreseeable future. Other small grants funded by Public Health Agency (CLEAR pi'oject), Derry City & Sts'abane District Council (Cominiinity Support Fund ) and Dfc Volunteei'ing Sinall Grants (AIVC) have eiiabled the charity to provide free educational and recreational Classes for local people. The company also secured fiinding towards the 'Active Together" Project froin the Policing & Cominunity Safety Partnership. Reserves The results for the year are set out on page 7. The purpose of the ￿ndS are outlined in the notes to the financial stateinents. Statement of trustees, responsibilities The Trustees are responsible for prepai'ing the Trustee5' Report and the financial stateinents in accoi'donce with applicable law and regulations. Page 2 Neivtoivnsteivart Leisure Complex Limited (Company limited by guarantee) Trustees, report for the year ended 31 December 2022 Company law and charity law requires the Trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Slandards (United Kingdom Generally Accepted Accounting Practice) including 'Accounting and Reporting by Charities.. Statement of Recommended Practice, (FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,). Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the company and of the profit or loss of the company for that year. In preparing these financial statements. the trustees are required to.. select suitable accounting policies and then apply them consistently> make judgements and estimates that are reasonable and prudent. state whether applicable accounting standards and statements of recornmended practice have been followed Subject to any departures disclosed and explained in the financial statements. and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable thein to ensure that the financial statements comply with the Companies Act 2006 and with the Charities Act (NI) 2008. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularitie5. Statement of disclosure of information to auditors So far as each of the trustees in offLce at the date of approval of these financial statements are aware: there is no relevant audit infomiation of which the company's auditors are unaware, and the trustees have taken all the steps that they ought to have taken to make theinselves aware of any relevant audit infonnation and to establish that th¢ company's auditors are aware of that information. Auditors Although the company qualifies for audit exemption an audit is required to be carried out by the funders Derry City & Strabane Di5trÈct Council. In accordance with Section 485 of the Companies Act 2006, a re501ution proposing that McFarland Arnold & Co be reappointed as auditors of the charity will be put to the Annual General Meeting. Special provisions relating to small companies This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (FRS 102) and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. This report was approved by the trustees on l 8 September 2023 and signed on its behalf by Signature: Name (in block capitals): Trustee Page 3 Newtownsteivart Leisure Complex Limited (Company limited by guarantee) Independent auditors, report to the committee of Newtownstewart Leisure Complex for the year ended 31 December 2022 Opinion We have audited the financial statements of Newtown5tewart Leisure Coinplex Limited for the year ended 31 December 2022 which coinprise the statement of financial activities, the balance sheet and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdoin Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including 'Accounting and Reporting by Charities; Stateinent of Recominended Practice, (Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,). In our opinion the financial statements- give a true and fair view of the state of the charitable company's affairs as at 31 December 2022 and of the in¢oining resources and application of resoiirces, including its income and expenditure, for the year then ended. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice including 'Accounting and Reporting by Charities. Slalement of Recommended Practice, (Financial Reporting Slandard 102 'The Financial Reporting Standard applicable in the UK & Republic of li'eland'}' have been pi'epai'ed in accordance with the requireinents of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Oiir responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial stateinents section of our repoit. We al'e independent of the charitable coinpany in accordance with the ethical reqiiirements that are relevant to oiir audit of the financial stateinents in the UK, including the FRC'S Ethical Standard, and we have fvlfilled our other ethical responsibilities in accordance with these requirement5. We believe that the audit evidence we have obtained is sutyicient appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial stateinents, we have coneliided that the company's use of the going concern basis of accounting in the preparation of the financial stateinents is appi'opriate. Based on the work we have performed, we have not identified any Inaterial unceitainties relating to events or conditions that, individually or collectively, Inay cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilitie5 of the directors of Newtownstewart Leisure Coinplex Limited with respect to going concei'n are described in the relevant sections of this report. Other information The othei. information coinprises the infonnation included in the annual report, other than the financial stateinents and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other inforination and, except to the extent otlierwise explicitly stated in our i'eport, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial stateinents, our responsibility is lo l-ead the other infoiination and, in doing so, consider whethei. the othei. information is materially inconsistent with the financial statements or oui. knowledge obtained in the audit or otherwise appears to be materially Inisstated. If we identify such inatei'ial inconsistencies or appai'ent material inisstatements, we are reqiiii'ed to detennine whether there is a matei'ial misstateinent in the financial statements or a material misstateinent of the other information. If, based on the work we have pei'formed, we conclude that there is a Inatei'ial Inisstatement of this othei. infonnation, we are reqiiired to report that fact. We have nothing to report in this regard. Page 4 Newtownstewart Leisure Complex Limited (Company limited by guarantee) Independent auditors, report to the committee of Newtoivnstewart Leisure Complex Limited for the year ended 31 December 2022 Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the inforination given in the trust¢es' report for the financial year for which the financial statements are prepared is corksistent with the financial statements- and the trustee's report has been prepared in accordance with applicable legal requirements. Matters on Jvhich Ive are required to report by exception In the light of the knowledge and understanding of the charitable coinpany and its environment obtained in the course of the audit, we have not identified material I￿l$StateMentS in the trustee5' report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:_ adequate accounting records have not been kept, or retiims adequate for our audit have not been received from branches not visited by u5. or the financial stateinents are not in agreement with the accounting records and returns. or erlain disclosures of trustees, remuneration specified by law are not made. or we have not received all the information and explanations we require for our audit. or the trustees were not entitled to prepare the financial statements in accordance with the small Coinpanies regime and take advantage of the small companies, exemption from the requirement to prepare a Strategic report. Responsibilities of the trustees As explained more fully in the statement of trustees responsibilities, the trustees are responsible for the prepai-ation of the financial statements and for being satisfied that they give a true and fair view, and for such internal contt'ol as the trustees detennine is necessary to enable the preparation of f￿ancIal stateinents that are free from material misstatement, whether due to fraud or error. In prepariiig Ibe financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees eithei. intend to liquidate the charitable company or to cease opei'atioiis, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's I'epoit that includes our opinion. Reasonable assurance is high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a inaterial misstatement when it exists. Misstatements can arise from fi'aud or error and are considered matei'ial if, individually or in the aggi'egate, they could reasonably be expected to influence the economic decisions of users taken on Ihe basis of these financial statements. A furtl)er description of our i'esponsibilities for the audit of the financial statements is located on the Finaiicial Reporting Council's website at www.fi'c.org.uk. This description forins part of our auditor's report. We have undertaken the audit in accordance with the requirements of Auditing Practices Board's (APB'S) Ethical Standards for Auditors. including APB Ethical Standards - Provisions A vailable for Sinall Entities as Stated below: In coininon with i￿anY other biisinesses of the company size and nature we as auditors assist the company with the prepai-ation of the financial statements- and We provide tax advice lo the company and where necessary, will represent the company at tax tribunals. Page 5 Neivtownstewart Leisure Complex Limited (Company limited by guarantee) Independent auditors, report to the committee of Neivtownstewart Leisure Complex Limited for the year ended 31 December 2022 Purpose of our audit work and to whom we owe our responsibilities This report is made sole5y lo the charitable company's members, as a body, in accordance with the Coinpanies Act 2006. Our audit work has been undertaken so that we might state to the chai'itable coinpany's members those Inatters we are required to state to them in an auditoi s report and for no other purpose. To the fullest extent pei'mitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, for this report, or for tl)e opinions we have formed. Mrs Wendy Arnold (senior statutory auditor) For and on behalf of MeFarland Arnold & Co Chartered Accountants & Statutory Auditors Dated: i % C)e-ftr'r