COMPANY REGISTRATION NUMBER: N1034527
CHARITY REGISTRATION NUMBER. NIC102915
Feeny Community Association Limited
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2023
Chartered accountants
1 b Brookmount Crescent
Omagh
Co Tyrone
BT78 5HG

Feeny Community Association Limited
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2023
Page
Trustees, annual report (incorporating the director's report)
Independent examinerfs report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of financial position
Notes to the financial statements

Feeny Community Association Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 31 March 2023
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 2023.
Reference and adminlstrative details
Registered charity name
Feeny Community Association Limited
Charity reglstratlon number
NIC102915
Company registration number N1034527
Principal office and registered Unit 4 Feeny Village Centre
office
Feeny
Co Derry
BT47 4FD
The trustees
A O'Brien
S McLaughlin
J Connolly
Company secretary
A O'Brien
Independent examiner
Mr Shaun McElhinney
1b Brookmount Crescent
Omagh
Co Tyrone
BT78 5HG
Structure, governance and management
The organisation is a charitable company, limited by guarantee, incorporated on 20 July 1998. The
company was established under a Memorandum of Association which established the objects and
powers of the charitable company and is governed under its Articles of Association. In the event of the
company being wound up members are required to contribute an amount not exceeding £1.
The trustees of the charity, who are also directors, are detailed on page 1.
Objoctives and activitles
The charity operates a community development group.
Achievements and perfonnance
The results for the year are contained in the financial statements.
Flnancial review
The organisation's level of income received increased by 81.8Yo from the previous year. The net
assets of the organisation now stand at £31,133.

Feeny Community Association Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnuedj
Year ended 31 March 2023
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 was approved on 12 December 2023 and signed on behalf of the board of
trustees by..
A O'Brien
Trustee
J Connolly
Trustee

Feeny Community Association Limited
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Feeny Community
Association Limited
Year ended 31 March 2023
I report to the trustees on my examination of the financial statements of Feeny Community Association
Limited ('the charity,) for the year ended 31 March 2023.
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 ststements 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 ffly
examination I have followed the general Directions given by the Charity Commission for Northern
Ireland undef section 65(9)(b) 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 fairf 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 Stsndard applicable in the UK and Republic of Ireland (FRS 102).
I confirm that there are no other matters to which your attention should be drawn to enable a proper
understa
ing of the accounts to be reached.
Mr Shaun McElhin
Independent Examin
1b Brookmount CreS￿nt
Omagh
Co Tyrone
BT78 5HG
12 December 2023

Feeny Community Association Limited
Company Limited by Guarantee
ststement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2023
2023
Restricted
funds Total funds
2022
Unrestricted
funds
Total funds
Note
Income and endowments
Donations and legacies
Total income
35,592
8,675
8,675
44,267
44,267
24,347
24,347
35,592
Expenditure
Expenditure on charitable activities
Total expenditure
56,727
56,727
8,675
65,402
65,050
8,675
65,402
65,050
Net expenditure and net movement in
funds
(21,135)
(21,135)
{40,703}
Reconciliation of funds
Totsl funds brought fO￿ard
Total funds carried fonvard
36,729
15,594
15,539
52,268
92,971
15,539
31,133
52,268
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 6 to 13 fonn part of these financial statements.

Feeny Community Associatlon Limited
Company Limited by Guarantee
Statement of Financial Position
31 March 2023
2023
2022
Note
Fixed assets
Tangible fixed assets
13
24.465
46,169
Current assets
Debtors
Cash at bank and in hand
14
185
18,076
18,261
18,302
18,486
Creditors: amounts falling due within one year
Net current assets
15
11,593
12,387
6,099
6,668
Total assets less current liabilities
31,133
52,268
52,268
Net assets
31,133
Funds of the charity
Restricted funds
Unrestricted funds
15,539
15,594
15,539
36,729
Total charity funds
17
31,133
52,268
For the year ending 31 March 2023 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.
These fi'nancial statements were approved by the board of trustees and authorised for issue on 12
December 2023, and are signed on behalf of the board by..
A O'Brien
Trustee
J Connolly
Trustee
The notes on pages 6 to 13 fomi part of these financial statements.

Feeny Community Association Limited
Company Limited by Guarantee
Notes to the Financial Ststements
Year ended 31 March 2023
General infomlation
The charity is a public benefit entity and a private company limited by guarantee, registered in N
Ireland and a registered charity in Northern Ireland. The address of the registered offFe is Unit 4
Feeny Village Centre, Feeny, Co Derry, BT47 4FD.
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 o*
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 Charities {Accounts and Reports) Regulations (Northern Ireland) 2015.
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 statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
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. No judgements,
accounting estimates or assumptions that have been made by management will have a
significant effect on the amounts recognised in the financial statements.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the
general objectives of the charity.
Restricted funds are subjected to restfictions on their expenditure imposed by the donor or
through the terms of an appeal.

Feeny Community Association Limited
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2023
Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when enti
ement 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 evidence 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 services 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 charitsble 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.
AII 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
be￿een the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
All fixed assets are initially recorded at cost.

Feeny Community Association Limited
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2023
Accounting policies {¢ontinu8d)
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
Fixtures & fittings
10°A straight line
25 % reducing balance
Impaim)ent of fixed assets
A review for indicators of impaimient is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where 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 fecoverable
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.
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 charity will comply with the
condition5 attaching to them and the grants will be received.
Where the grant does not impose specified future performance-related conditions on the
recipient, it is recognised in income when the grant proceeds are received or receivable. Where
the grant does impose specified future performance-related conditions on the recipient, it is
recognised in income only when the performance-related conditions have been met. Where
grants received are prior to satisfying the revenue recognition criteria, they are re¢ognised as a
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 receivable 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.

Feeny Community Association Limited
Company Limited by Guarantee
Notes to the Financial Statements {continue
Year ended 31 March 2023
Accounting policies (continued)
Financial instruments (continued)
Where investments in shares are publicly traded or their fair value can otherwise b& 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.
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.
Limited by guarantee
The company is limited by guarantee.
Donations and legacies
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Donations
Causeway Coasts and Glens Council Grants
Trusthouse
WHSCT
Donations
WELB & Afterschool fees
Destined Ltd
John Moores Foundation
Other Income
Garfield Western
Community Foundation
Foyle Foundation
6,124
1,836
6,124
8,011
6,175
1,600
200
1,600
200
1,332
19,500
1,332
19,500
2,500
5,000
2,500
5,000

Feeny Community Association Limited
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2023
Donations and legacies (continued)
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Grants
Government grant income
35,592
8,675
44,267
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Donations
Causeway Coasts and Glens Council Grants
Trusthouse
WHSCT
Donations
WELB & Afterschool fees
Destined Ltd
John Moores Foundation
Other Income
Garfield Western
Community Foundation
Foyle Foundation
3,000
2,000
5,000
500
500
8,200
600
5,000
500
500
8,200
600
5,000
Grants
Government grant income
4,547
22,347
4,547
2,000
24.347
Expenditure on charitable activities by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Cost of raising donations and legacies
Support costs
7,116
49,611
56,727
2,500
6,175
9,616
55,786
65,402
8,675
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Cost of raising donations and legacies
Support costs
14,295
48,755
2,000
16,295
48,755
65,050
63,050
2,000
10

Feeny Community Association Limited
Company Limitsd by Guarantee
Notes to the Financial Ststements (contlnued)
Year ended 31 March 2023
Expenditure on charitable activities by activlty type
Grant funding
of activities Support costs
Total funds
2023
Total fund
2022
Cost of raising donations and legacies
Governance costs
9,616
9,616
SS,786
65,402
16,295
48,755
65,050
55,786
9,616
55,786
Analysis of grants
2023
2022
Grants to institutions
Grants to institutions
9,616
9,616
16,295
16,295
Totsl grants
Net expenditure
Net expenditure is stated after chargingl{crediting)'.
2023
2022
Depreciation of tangible fixed assets
21,704
21,757
10. Independent examination fees
2023
2022
Fees payable to the independent examiner for..
Independent examination of the financial statements
1,000
1,000
11. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2023
2022
Wages and salaries
27,803
20,000
The average head count of employees during the year was 2 {2022.' 1). The average number of
full-time equivalent employees during the year is analysed as follows:
2023
No.
2022
No.
Number of staff
No employee received employee benefits of more than £60.000 during the year (2022.. Nil).
12. Trustee remuneration and expenses
There was no trustee remuneration paid during the year ended 31 March 2023.
11

Feeny Community Association Limited
Company Limited by Guarantee
Notes to the Financial Ststements (contlnued)
Year ended 31 March 2023
13. Tangible fixed assets
Land and Fixtures and
buildings
fittings
Total
Cost
At 1 April 2022 and 31 March 2023
Depreciation
At 1 April 2022
Charge for the year
At 31 March 2023
264,834
11,835
276,669
219,287
21,548
11,213
156
230,500
21,704
252,204
240,835
11,369
Carrying amount
At 31 March 2023
23,999
466
24,465
46,169
At 31 March 2022
45,547
622
14. Debtors
2023
2022
Other debtois
185
184
15. Creditors: amounts falling due within one year
2023
2022
Accruals and deferred income
Other creditors
Other creditors
1,000
9,229
1,364
11,593
3,619
7,662
1,106
12,387
16. Government grants
The amounts recognised in the financial statements for government grants are as follows..
2023
2022
Recognised in income from donations and legacies..
Government grants income
4,547
12-

Feeny Community Association Limited
Company Limited by Guarantee
Notes to the Financial Ststements (contlnued)
Year ended 31 March 2023
17. Analysis of charitable funds
Unrestricted funds
At
1 April 2022
At
Income Expenditure 31 March 2023
General funds
36,729
35,592
(56,727)
15,594
At
1 April 2021
At
Income Expenditure 31 March 2022
General funds
77,432
22,347
{63,050)
36,729
Restricted funds
At
1 April 2022
At
Income Expenditure 31 March 2023
General Funds
15,539
8,675
{8,675}
15,539
At
1 April 2021
At
Income Expenditure 31 March 2022
General Funds
15,539
2,000
(2,000)
15,539
18. Analysis of net assets between funds
Unrestricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
24,465
18,261
(11,593)
31,133
24,465
18,261
(11,593)
31,133
Unrestricted Total Funds
Funds
2022
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
46,169
18,486
(12,387)
52,268
46,169
18,486
(12,387>
52,268
13-