2021-07-31-accounts

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DocuSign Envelope ID: B833DC0B-D29F-4FFC-A9BA-02AE1B5EA88F

Registered number: NI613635

LECKPATRICK DEVELOPMENT ASSOCIATION DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021

AGL Chartered Accountants

Unit 44 Strabane Enterprise Agency Strabane Co Tyrone BT82 9FR

DocuSign Envelope ID: B833DC0B-D29F-4FFC-A9BA-02AE1B5EA88F

Leckpatrick Development Association Directors' Report and Unaudited Financial Statements For The Year Ended 31 July 2021

Contents
	Page
Company Information	1
Trustees’ Report	2-3
Independent Examiner’s Report to the member	4
Statement of Financial Activities	5
Balance Sheet	6—7
Notes to the Financial Statements	8—10
The following pages do not form part of the statutory accounts:
Detailed Income and Expenditure Account	11

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Leckpatrick Development Association Company Information For The Year Ended 31 July 2021

Directors	Mr John McCarter
	Mr Wesley Heywood
	Mrs Kathleen Stevenson
	Mr Colin Stevenson
	Mr James Hume
	Mr Robin Cummings
	Mr Andrew Kee
	Mr David Hume
	Mr Joe Galbraith
	Mr Gareth Heywood
	Mr Derek Stevenson
	Mr John Heywood
	Mr Dean McCarter
Secretary	Mr Andrew Kee
Company Number	NI613635
Registered Office	48 Leckpatrick Road
	Artigarvan
	Strabane
	Tyrone
	BT82 0HN
Accountants	AGL Chartered Accountants
	Unit 44
	Strabane Enterprise Agency
	Strabane
	Co Tyrone
	BT82 9FR
Bankers	Ulster Bank
	29 Abercorn Square
	Strabane
	Co Tyrone
	BT82 8AL

Page 1

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Leckpatrick Development Association Company No. NI613635 Trustees' Report For The Year Ended 31 July 2021

The Trustees are pleased to present their annual report together with the financial statements and the report of the independent examiner for the year ended 31st July 2021. This is a charitable company limited by guarantee and accepted as a charity by HM Revenue and Customs under reference NI00154.

Objectives and Activities

The aim and objectives of the association is to provide a fully inclusive community centre for all of the community in Artigarvan and the surrounding areas, which will provide a welcoming, shared space where the community can avail of sporting facilities, meeting facilities and hold community events and projects. The Group have stated that their overall aim is to “provide a hub for all of the village to help to bring a heart back into the village”.

Achievements and Performance

Leckpatrick Development Association have delivered the following specific project objectives:

Continues to provide a safe secure central hub for all of the community of Artigarvan providing a central hub for the community.
Providing the facilities and resources to stimulate participation in physical activity and sport for under-represented groups in rural areas through the provision of sporting hall and sporting facilities;
To provide a reduction in the level of anti-social behaviour and vandalism in Artigarvan through the development of sustainable activities for youth groups and after schools clubs.
Increasing the skill base of individuals within the community to increase employment opportunities by delivering a wide variety of occupational training.
Provide luncheon clubs for our older members and provide an environment where they can meet and socialise.

Due to Government Covid 19 restrictions, all activities in the hall temporarily stopped in March 2020. During this time of lockdown, the hall was used mainly as a hub for the Local Covid Response Team who provided an essential service to the vulnerable within our community including the provision of food parcels, face masks, toiletries as well family activity packs. The hall was reopened for normal activities for 2 weeks in late September 2020 and for 7 weeks in early June 2021 during times when government restrictions were eased.

Public Benefit

The objectives of the Trust are as listed. The Trust has considered the UK Charity Commission's guidance on public benefit and plans to ensure that it provides public benefit and achieves its objectives as set out in the Trust's Memorandum and Articles of Association. The direct benefits to the individuals using the service include:

A fully inclusive, shared space for all members of the community of Artigarvan and surrounding areas.
The provision of a community centre that is fully accessible to all members of the community and provision of facilities and resources within the centre for a wide range of community activities.

Structure, Governance and Management

Governing Document

Leckpatrick Development Association Limited is governed by its Memorandum and Articles of Association.

Appointment of Trustees

The Charity Trustees are also Directors of the company. A Trustee is initially elected by the Board in accordance with the Memorandum and Articles of Association.

The Board as a whole was approved by the AGM and continues to monitor its membership.

Organisation

The Board of Trustees which administers the Trust meets throughout the year as required.

Risk Review

The management committee has conducted its own review into the major risks to which the charity is exposed. Significant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Internal risks are minimised by the implementation of procedures for authorisation of all transactions and projects and to ensure consistent quality of delivery for all operational aspects of the charitable company.

Financial Review

The Company returned a net deficit in funds of £901 (2020: £1,850 surplus) after other recognised gains and losses. The results for the year are shown in pages 5 to 11.

Reserves Policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level which will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of funding has been maintained throughout the year.

The Trust aims to continue to increase reserves to ensure the stability of its services, employment and everyday operations of the organisation.

Page 2

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Leckpatrick Development Association Company No. NI613635 Trustees' Report For The Year Ended 31 July 2021

Going Concern

The Trustees have a reasonable expectation that the Trust has adequate resources to continue in operational existence for the foreseeable future. The principal factors underlying this judgement include:

Current levels of financial performance by comparison with budgeted expectations;
Continuing support from local bodies

Accordingly, the Trust continues to adopt the going concern basis of accounting in preparing the annual financial statements.

Independent Examiners

A resolution for the reappointment of AGL Chartered Accountants as Independent Examiner of the Trust is to be proposed at the forthcoming Annual General Meeting.

Statement of Trustees' Responsibilities

The Trustees, who are also the directors of Leckpatrick Development Association for the purpose of company law, are responsible for preparing the Trustees' Report and the accounts in accordance with United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

Select suitable accounting policies and apply them consistently;
Observe the methods and principles in the Charities SORP;
Make judgements and accounting estimates that are reasonable and prudent; and

· Prepare the accounts on the going concern basis unless it is inappropriate to assume that the company will continue on that basis. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Statement of Disclosure to Independent Examiners

So far as the Trustees are aware, there is no relevant information of which the company's independent examiners are unaware. Additionally, the Trustees have taken all the necessary steps that they ought to have taken as Trustees in order to make themselves aware of all relevant information and to establish that the company's independent examiners are aware of that information. This report was approved by the Board on 29[th] April 2021 and signed on its behalf by:

Joluw MeCarter

Mr John McCarter (Director and Trustee)

Mr Andrew Kee (Director and Trustee)

Page 3

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Leckpatrick Development Association Independent Examiner’s Report For The Year Ended 31 July 2021

Independent examiner's report to the trustees of Leckpatrick Development Association

I report on the accounts of the company for the period ended 31st July 2021, which are set out on pages 5 to 10.

Respective responsibilities of trustees and examiner:

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 65 of the Charities Act (Northern Ireland) 2008 and that an independent examination is needed. The charity's constitution requires an independent examination and I am qualified to undertake the examination by being a qualified member of Chartered Accountants Ireland.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

-examine the accounts under section 65 of the 2008 Act;

-to follow the procedures laid down in the general Directions given by the Charity Commission under section 65(9)(b) of the Charities Act;
-to state whether particular matters have come to my attention.

Basis of independent examiner's report:

I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act.

My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.

My role is to state whether any material matters have come to my attention giving me cause to believe:

That accounting records were not kept in accordance with section 63 of the Charities Act
That the accounts do not accord with those accounting records
That the accounts do not comply with the accounting requirements of the Charities Act
That there is further information needed for a proper understanding of the accounts to be reached.

Independent examiner’s statement:

I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.

14/03/2022

AGL Chartered Accountants Unit 44 Strabane Enterprise Agency Strabane Co Tyrone BT82 9FR

Page 4

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Leckpatrick Development Association Statement of Financial Activities For The Year Ended 31 July 2021

INCOMING RESOURCES (NOTE 2) Activities for generating funds Grants and subsidies received Other income TOTAL INCOMING RESOURCES RESOURCES EXPENDED (NOTES 3-5) Costs of generating income Fundraising trading costs Other direct costs TOTAL RESOURCES EXPENDED Net incoming/(outgoing) resources before transfers Net incoming/(outgoing) resources before other recognised gains/(losses) Net movement in funds Total funds brought forward TOTAL FUNDS CARRIED FORWARD	Unrestricted funds £ 1,351 11,641 - 12,992 12,121 - - 12,121 871 871 871 31,478 32,349	Restricted funds £ - 26,331 - 26,331 28,103 - - 28,103 (1,772) (1,772) (1,772) 30,484 28,712	31-Jul-21 £ 1,351 37,972 - 39,323 40,224 - - 40,224 (901) (901) (901) 61,962 61,061	31-Jul-20 £ 5,575 35,331 782
				41,688 39,838 - -
				39,838
				1,850 1,850 1,850 60,112
				61,962

The notes on pages 8 to 10 form part of these financial statements.

Page 5

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Leckpatrick Development Association Balance Sheet As at 31 July 2021

2021 £ £ 537,112 537,112 13,934 13,934 (16,020) (2,086) 535,026 (473,965) 61,061 61,061 61,061	2021 £ £ 537,112 537,112 13,934 13,934 (16,020) (2,086) 535,026 (473,965) 61,061 61,061 61,061	2020 £ £ 566,266 566,266 12,012 12,012 (16,020) (4,008) 562,258 (500,296) 61,962 61,962 61,962	2020 £ £ 566,266 566,266 12,012 12,012 (16,020) (4,008) 562,258 (500,296) 61,962 61,962 61,962
	537,112 (2,086)		566,266 (4,008)
13,934 (16,020)		12,012 (16,020)

	535,026		562,258
	(473,965)		(500,296)
	61,061		61,962
	61,061		61,962
	61,061		61,962

Page 6

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Leckpatrick Development Association Balance Sheet (continued) As at 31 July 2021

For the year ending 31 July 2021 the company 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

On behalf of the board

____ _________ Mr John McCarter Mr Andrew Kee (Director and Trustee) (Director and Trustee)

14/03/2022

The notes on pages 8 to 10 form part of these financial statements.

Page 7

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Leckpatrick Development Association Notes to the Financial Statements For The Year Ended 31 July 2021

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold 26 Years Straight Line

Plant & Machinery 25% Reducing Balance Computer Equipment 25% Reducing Balance 2. INCOMING RESOURCES 31-Jul-21 £ Income from hall hire 1,201 Donations 150 Insurance claim proceeds - Grants income recognised DARD- ARC Northwest (amount amortised- capital grant) 28,972 Big Lottery Fund (amount amortised- capital grant) - Strabane District Council 9,000 39,323 3. RESOURCES EXPENDED 31-Jul-21 £ Cost of generating income: Wages 1,171 Property management and service charges 762 Light and heat 1,712 Repairs and maintenance 2,698 Insurance 1,671 Licence fees - Telephone 1,429 Accountancy fees 1,260 Other office costs - Depreciation of plant and machinery 940 Depreciation of computer equipment 111 Depreciation of leasehold property 28,103 Sundry expenses 367 (40,224) 4. FUNDRAISING TRADING COSTS 31-Jul-21 £ Cost of sales: Drinks, catering, entertainment for fundraising activities - -	Plant & Machinery 25% Reducing Balance Computer Equipment 25% Reducing Balance 2. INCOMING RESOURCES 31-Jul-21 £ Income from hall hire 1,201 Donations 150 Insurance claim proceeds - Grants income recognised DARD- ARC Northwest (amount amortised- capital grant) 28,972 Big Lottery Fund (amount amortised- capital grant) - Strabane District Council 9,000 39,323 3. RESOURCES EXPENDED 31-Jul-21 £ Cost of generating income: Wages 1,171 Property management and service charges 762 Light and heat 1,712 Repairs and maintenance 2,698 Insurance 1,671 Licence fees - Telephone 1,429 Accountancy fees 1,260 Other office costs - Depreciation of plant and machinery 940 Depreciation of computer equipment 111 Depreciation of leasehold property 28,103 Sundry expenses 367 (40,224) 4. FUNDRAISING TRADING COSTS 31-Jul-21 £ Cost of sales: Drinks, catering, entertainment for fundraising activities - -	31-Jul-20 £ 5,575 - 782 26,331 - 9,000
		41,688
		31-Jul-20 £ 2,000 718 3,143 - 1,815 238 848 1,020 200 1,253 148 28,103 352
		(39,838)
		31-Jul-20 £ -
	-	-

Page 8

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Leckpatrick Development Association Notes to the Financial Statements For The Year Ended 31 July 2021

5. Average Number of Employees

Average number of employees during the year was 1 (2020: 1).

6. Tangible Assets

Land & Property

. Tangible Assets	Land & Property
Cost As at 1 August 2020 Additions As at 31 July 2021 Depreciation As at 1 August 2020 Provided during the period As at 31 July 2021 Net Book Value As at 31 July 2021 As at 1 August 2020	Leasehold £ 730,682 -	Plant & Machinery £ 16,795	Computer Equipment £ 2,494 -	Total £ 749,971
	730,682	16,795	2,494	749,971
	168,619 28,103	13,035 940	2,051 111	183,705 29,154
	196,722	13,975	2,162	212,859
	533,960	2,820	332	537,112
	562,063	3,760	443	566,266

The leasehold property relates to Artigarvan Hall located at 48 Berryhill Road, Artigarvan, Co Tyrone, BT82 0HN. Leckpatrick Development Association commenced a 26 year lease of these premises on 1st January 2013.

Page 9

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Leckpatrick Development Association Notes to the Financial Statements (continued) For The Year Ended 31 July 2021

7. Creditors: Amounts Falling Due Within One Year

. Creditors: Amounts Falling Due Within One Year
Other creditors Accruals and deferred income	2021 £ 15,000 1,020 16,020	2020 £ 15,000 1,020
		16,020

8. Creditors: Amounts Falling Due After More Than One Year

. Creditors: Amounts Falling Due After More Than One Year
Capital grants	2021 £ 473,965 473,965	2020 £ 500,296
		500,296

9. Company limited by guarantee

The charitable company is limited by guarantee and has no share capital.

The charitable company is registered as a charity with HMRC for tax purposes under reference number NI00154. As a charitable company, Leckpatrick Development Association is exempt from tax on income and gains to the extent that these have arisen from its charitable objects. No tax charges have therefore arisen for the charitable company for the current year.

The company is a company limited by guarantee, having no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

10. General Information

Leckpatrick Development Association is a private company, limited by guarantee, incorporated in Northern Ireland, registered number NI613635. The registered office is 48 Leckpatrick Road, Artigarvan, Strabane, Tyrone, BT82 0HN.

Page 10

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Leckpatrick Development Association Detailed Income and Expenditure Account For The Year Ended 31 July 2021

2021 £ £ 150 1,201 1,351 - 1,351 1,171 762 1,712 2,698 1,671 - 1,429 1,260 - 940 111 28,103 367 (40,224) 37,972 - 37,972 (901)	2021 £ £ 150 1,201 1,351 - 1,351 1,171 762 1,712 2,698 1,671 - 1,429 1,260 - 940 111 28,103 367 (40,224) 37,972 - 37,972 (901)	2020 £ £ 5,575 5,575 - 5,575 2,000 718 3,143 - 1,815 238 848 1,020 200 1,253 148 28,103 352 (39,838) 35,331 782 36,113 1,850	2020 £ £ 5,575 5,575 - 5,575 2,000 718 3,143 - 1,815 238 848 1,020 200 1,253 148 28,103 352 (39,838) 35,331 782 36,113 1,850
	1,351 - 1,351 (40,224)		5,575 -
			5,575 (39,838)
37,972 -		35,331 782
	37,972		36,113

	(901)		1,850

Page 11

LECKPATRICK DEVELOPMENT ASSOCIATION DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021

Contents

Objectives and Activities

Achievements and Performance

Public Benefit

Structure, Governance and Management

Governing Document

Appointment of Trustees

Organisation

Risk Review

Financial Review

Reserves Policy

Leckpatrick Development Association Company No. NI613635 Trustees' Report For The Year Ended 31 July 2021

Going Concern

Independent Examiners

Statement of Trustees' Responsibilities

Statement of Disclosure to Independent Examiners

Joluw MeCarter

Independent examiner's report to the trustees of Leckpatrick Development Association

Respective responsibilities of trustees and examiner:

Basis of independent examiner's report:

Independent examiner’s statement:

Leckpatrick Development Association Statement of Financial Activities For The Year Ended 31 July 2021

Leckpatrick Development Association Balance Sheet As at 31 July 2021

Directors' responsibilities:

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

1.2. Turnover

1.3. Tangible Fixed Assets and Depreciation

5. Average Number of Employees

6. Tangible Assets

Land & Property

7. Creditors: Amounts Falling Due Within One Year

8. Creditors: Amounts Falling Due After More Than One Year

9. Company limited by guarantee

10. General Information

Leckpatrick Development Association Detailed Income and Expenditure Account For The Year Ended 31 July 2021