Registered number.. N1613635 LECKPATIUCK DEVELOPMENT ASSOCtATION DIRECTORS. REPORT AND UNAVDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 AGL Chanered.4¢cOUTLt UnIl 44 Sirni*ne Enterprise Agency Strabaae Co T)'JMe BT8? gIR
Leckpatrick Development Association Directors. Report and Unaudited Financial Stat¢ments For The Year Ended 31 July 2023 Contents P•ge Company Information Trustees, Report Independent Exarniner's Report to the member Statement of Financial Artlvlties Balance Sheet Notes to the Financial Statements 8-10 The following pages do not form part of the ststutory accounts: Detalled Income and Expenditure Account li
Leckpatrick Development Association Company Inforniation For The Year Ended 31 July 2023 Direttors Mr John Mccarter Mr Colin Stevenson Mrjames Hume Mr Robin Cummings Mr Andrew Kee Mr David Hume Mr Dean Mccarter Secretary Mr Andrew Kee Company Numb•r N1613635 Re9lstered Office 15 Ballyskeagh Road Artlgarvan Strabane Tyrone BT82 OHL Accountants AGL Chartered Accountants Unit 44 Strabane Enterprise Agency Strabane Co Tyrone BT82 9FR Bank•rs Ulster Bank 29 Abercorn Square Strabane Co Tyrone BT82 8AL Page I
Leekpatrick Development Association Company No. N1613635 Trustees. Report For The Year Ended 31 July 2023 The Trustees are pleased to present their annual report together with the financial 5tatefflents ènd the report of the independent examiner for the year ended 315t July 2023, ThÈs is a charitable company Ilmtted by guardntee and accepted as a charity by HM Revenue and Customs under reference N100154. Objectlves and Activities The aim and objectlves of the association is to provlde a fully Incluslve community centre for all of the community in Arbgarvan and the surrounding areas, whlch will provide a welcoming, shared space where the communty can avail of sporting facllities, meeting faclllties and holis community events and projects. The Group have stated that their overall alm Is to"provide a hub for all of the village to help to bring a heart back into the village-. Achievements and Performance Leckpatrlck Development AssoCiatn have delivered the following specific projert objettives: Continues to provide a safe secure central hub for all of the comm¥Jnity of Artigarvan providing a central hub for the communlty. ProvldSng the facilities and resources to sttmulate participation in physical actlvity and sport for Uftder-pre5ented groups in rural areas through the provlslon of sporting hall and sporting facilltles,, To provide a reductlon In the level of anti-social behaviour and vandallsm In Artlgarvan through the development of sustalnable activities for youth groups and after schools clubs. Increasing the sklll base of Indlvlduals within the community to Increase employment opportunities by dellverlng a wide variety ol occupational training. Provide luncheon clubs for our okler members and provide an envlronment where they can meet and stsclallse. The objectlves of the Trust are as Ilsted. The Trust has considered the UK Charity CornTnlsslon's guldance on public benefit and plans to ensure that it pmvldes public benefit and achieves its objectives as set out in the Trust's Memornndum and Artlcles of Association. The dlrect benefits to the IndldUal$ using the servlce include: A fully inclusive. shared space for all members of the community of Artigarvan and sumundlng areas. The provlslon of a communlty centre that is fvlly accessible to all members of the community and provision of facillties and resources within the centre for a wide range of commLtnity activities. Gavernlng Document Leckpatrick Development Assaclatlon Umited Is governed by its Memorandum and Artlcles of Association. App•intment of Trust•e* The Charlty Trustees a also Directors of the company. A Trustee is initially elected by the Board in accordance with the Memorandum ènd Articles of Assoclatlon. The Board as a whole was approved by the AGM and continues to monltor its membership. Qrganisation The 8oard of Trustees which administsrs the frust meets throughout the year as required. Risk Review The management committee ha5 condurted its own VIeW into the major risks to which the charity is exposed. Significant external rlsks to funding have led to the development of a strategic plan which will allow for the dlverslflcatlon of funding and activlties. Internal risks are mlnlmised by the implementation of procedures for authorisation of all transactions and projects and tc ensure consistent quality of delivery for all operational aspects of the charitsble company. The Company tUrned a net surplus in funds of £7,641 (2022.. £2,377 surplu5) after other recognised gains and 10$5es. The results for the year are shown in pages 5 to 11. Reserve5 Policy It is the policy of the charity that unrestrsrted funds which have not been designated for a specific use should be maintaine(f at level whlch wlll ensure that, 4n the event of a significant drop in fundingi they will be able to continue the charity's Current attlvities 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 airns to continue to increase reserves to ensure the stability of its seNices, employment and everyday operations of the or9anisation. Page ?
Leckpatrick Development Associatlon Company No. N1613635 Trustees. Report For The Year Ended 31 July 2023 Going Concern The Trustees have a reasonable expetration that the Trust has adequate resources to continue in operattonal existEnce for the foreseeable fvture. The prlncipal fattars underlying thls ]ud9ement include- Current levels of financial performance by cornparlson wlth budgeted expertations. Contlnuing 5UPPOrt from local bodles Accordingly, the Trust continues to adopt the going conrn ba54s of accounting In preparing the annual financial statements. amifl A resolutlon for the reappointment of AGL Chartered Accountants a5 Independent Examlner of the Trust is to be proposed at the forthcoming Annual General Meettng. temen The Trustee5, V4ho are also the directors of Leckpatrick Development Assoclation for the wrpose ot company law, a SpOnsIble for preparing the Trustees. Report and the accounts in accordance wlth United Kingdom Accounting Standards (Unitsd Kingdom Generally Accepted Accountlng Practjce). Company law requlres the Trustees to prepare accounts for each financial year which give a true and fair view of the state of affalrs of the charity and of its incomlng resources and application of resources, includlng the income and expenditure, of the charltable company for that year. In preparing these flnanclal ststements, the trustee5 are requlred to.. Select sultable accounting policies and apply them conslstently- Observe the methods and prSnciples in the Charities SORP. Nake 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 wlll continue on that basls. The trustees are responsible for keeping adequate accounting records that are sufflclent to show and explain the charlty's transactions and dlsclose wlth reasonable accuracy at any time the financlal position of the charity and enable them to ensure that the financlal statements comply with the Companies Act 2006. They are also responslble for safeguardirtg the assets of the charlty and hence for taking reasonable steps for the prevention and detection of traud and other IrguIanties. tst ment of Di mine So far as the Trustees are aware, there is no leVant infomation of whlch the company's independent exarnlners are unaware. Addltlonally, the Trustees have taken all the necessary steps that they ought to have tsken as Trustees in order to make themselves aware of all relevant informatlon and to establish that the company's independent examiners are aware of that Informatlon. Thls report was approved by the Board on 10 Aprll 2024 and signed on its behalf by.. Mr John Mccarter {DSroctor and Trust•e) Mr Robln Cummings (Director and TSt¢<) Page 3
Leckpatrick Development Assoclatlon Independent Examiner's Report For The Year Ended 31 July 2023 Independent examiner's réport to the trustees of Leckpatrick Development Association I report on the accounts of the company for the peri¢xl eThkd 315t July 2023, whlch are set out on pages 5 to 10. Respertive respon5ibilitles of trustees and examiner.. The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparats.on of the atcounts. The trustees consider that an audit is not required for this year under section 65 of the Chartties Art (Northern Ireland) 2008 and that an Independent examlnatlon is needed. The charity's constitution require5 an independent examlnation and l arn qualified to undertake the examlnatlon by being a qualified member of Chartered Accountsnts Ereland. Having satisfied myself that the charity Is rt subJect to audit under company law and Is ellglble for independent examinatton, It Is my responsiblllty to., -examine the accounts under secuon 65 of the 2008 Act; -to follow the procedures lald down in the generdl Directions given by the Charlty Commlsslon under section 65(9)(bl of the Charities Act; -to state whether particular matters have come to my attenOn. Basis of Independent examiner's report: I have examined your charlty accounts as required under section 65 of the Charltles Art and my examination was carried out In accordance wlth the general Directions given by the Charity Commlsslon for Northern Ireland under seth'on 65(9)(b) of the Charitles Att. My examination included a review of the accounting re¢ord5 kept by the charfty arKI a comparlson of the account5 presented wlth those cOrds. It also included consideration of any unusual items or disclosures in the accounts, and seeklng explanations from you as charity trustees concerning any such matters. My rule is to state whether any material matters have come to my attentlon glving me cause to belleve: l. That accounting records were not kept in accordance with settlon 63 of the Charities Att 2. That the accounts do not accord wlth those accountlng CordS 3. That the accoLtnts do not comply with the accounting requlrements of the Charities Act 4, That there is further Information needed lor a proper undetstanding of the accounts to be reached. Independent examiner's statam•nt* I have completed my examlnats'on and have no Corern$ in respect of the matters (l) to (4) listed above and, In connectlon with following the Dirertions of the Charity Commls51on for Northem Ireland, I have found no matters that requSre drawing to your attentlon. 10 April 2024 AGL Chartered Accountsnts Unit 44 Strabane Enterprise Agency strabane Co Tyrone BT82 9FR AGL Chartered AccY>untant8 Lnit 44 SirdbaTre En%etPri5e Orchard Road. Sirabaoe Co Tyrone, B Th2 9FR AGL Page 4
Leckpatrlck Development Association ststement of Financial ALtivities For The Year Ended 31 July 2023 Unrestrirted funds Restrlcted funds 31-Jul-23 31-Jul-22 INCOMING RESOURCE5 (NOTE 2) Activitles for generddng funds 12.631 12,631 6,981 Grants and subsidies 1Ved 17.999 26,331 44.330 38,331 Other income TOTAL INCOMING RESOURCES 30,630 26,331 56,961 45,312 RESOURCES EXPENDED (NOTES 3-5) Costs of generating income Fundraising trading costs Other dlrect costs 21,217 28,103 49,320 42,935 TOTAL RESOURCES EXPENDED 21,217 28,103 49,320 42,935 Net incaming/(outgoingl resources befo transfers 9.413 {1,772) 7,641 2,377 Net incomin91{outgoing) resources before other recognised gains/(losses) 9,413 (1,772) 7,641 2,377 Net movement in funds 9,413 (1.772) 7,641 2,377 Total funds brought forward TOTAL PVNDS CARe FORWARD The notes on pages 8 to 10 form p8rt of these finarKial statements. Pag¢ i
Leckpatrlck Development Association Balance Sheet A$ at 31 july 2023 2023 2022 Notes FIXED ASSETS Tangible A55ets 479,525 508,219 479,525 508,219 CURRENT ASSETS Cash at bank and in hand 29,924 18,901 29.924 18,901 Creditors: Amounts Falling Due Wlthln One Year (17.070) (16.050) NEf CURRENT ASSETS (LIABIUTIES) 12,854 2,851 TOTAL ASSETS LESS CURRENT LIABILITIES 492,379 511,070 Credltors: Amounts Falling Due After More Than One Year (421.300) (447,632) NET ASSETS 71,079 63,438 Incorne and Expendltrjre Account 71,079 63,438 MEMBERS. FUNDS 71,079 63,438 Pa¢¢ 6
Leckpatrick Development Association Balance Sheet (continued) As at 31 July 2023 For the year ending 31 July 2023 the company was entitled to exemption from audit under sectlon 477 of the CompanÈes Act 2006 relatlng to small companles. Directors. responsibilities: The membets have rnt required the company to obtsin an audit in accordance with section 476 of the Companie5 Att 2006. The director5 acknowleijge their responsibilities for complylng with the requlrements of the Act with respect to accountlng records and the preparatlon of accoLtnts, These accounts have been prepared in accordance with the provisions applicable to companies subject to the Small companies, gIMe. On behalf of the board Mr John Mccarter (Dlrector and Trustee) Mr Robin Cummings (Dlrector and Trustee) 10 Aprtl 2024 The notes on pages 8 to 10 form part of these financial statements. Page 7
Letkpatrick Development Assoclation Notes to the Financial Ststements For The Year Ended 31 July 2023 l. Accounting Policies 1.1. Basis of Preparation of Financial Statements The financial staternents are prepared under the historical cost convention and in accordan wSth the FRS 102 Section IA Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Iland and the Companles Att 2006. 1.2. Turnover Turnover comprises the Invol value of gOS and services supplied by the cornpanyi net of Value Added Tax and trade di5count5, 1.3. Tanglble Flxed Assets and Depreclation Tangible fixed assets a stated at cost less depreclatlon. DepCIatIOn Is provhjed at rates calculated to wrlte off the c05t of the flxed assets. less their estimated resKlual value. over their expected usefijl lives on the following bases.. Leasehold 26 Years Straight Line Plant & Machlnery 25% Reducing Balan Computer Equipment 25Q/o Reducing Balance INCOMING RESOURCES 31-Jul-23 31-Jul-22 Income from hall hi Grants Income recognised DARD- ARC Northwest (amount amorts'sed- capital grant) Owenreagh Power Grant Lottery Grant Asda Grant Strabane Di5trTCt CourKil 12,631 6,981 26,331 5,fyJO 11,999 I,c0 26,331 RESOURCES EXPENDED 31-Jul-23 31-Jul-22 Cost of generating Incoft*', Wages Property management and Serv1 charges Light and heat Repairs and rnalntenance Cleaning Insurance Telephone Accountancy fees Depreciation of plant and machinery Depreclatlon of computer equipment Depreciation of leasehold property Sundry expenses 5,300 741 7.668 1,349 242 1,690 1,538 1,020 529 62 28,103 1,078 3,600 381 4.228 1,392 1,800 1,223 1,050 705 83 28,103 370 FUNDRAISING TRADING cosrs 31-Jul-23 31-Jul-22 Cost of sales: Drinks, cateringi entertainment for fundraising activitles
Leckpatrlck Development Ass¢clation Note$ to the Financial Statements For The Year Ended 31 July 2023 5. Average Number ol Employees Average number of employees during the year wa5 1 {2022'. 1). 6. Tanglble Assets Land & Property Leasehold Plant & Computer Machlnery Equipment Total Cost As at l August 2022 Addltions 730,682 16,795 2,494 749,971 As at 31 July 2023 730,682 16,795 2,494 749,971 Depreclation As at l August 2022 Provided during the perlod 224,825 28,103 14,681 529 2,246 62 241,752 28,694 As at 31 July 2023 252,928 15,210 2,308 270,446 Net Book Valu• As at 31 July 2023 477.754 1,585 186 479,525 As at l August 2022 505,857 2,114 248 508,219 The leasehold property relates to Artigarvan Hall located at 48 Berryhill Road, Artlgarvan, Co Tyrone, BT82 OHN. Leckpatrlck Development Association commenced a 26 year lease of these premises on 1st January 2013.
Leckpatrick Development Association Notes ts the Financial Statements (contin41ed) For The Year Ended 31 July 2023 7. Creditors: Amounts Falling Due Wlthln One Year 2023 20Z2 Other credltors Accruals and deferred income 15,000 2,070 15,000 1,050 17,070 16,050 8. Crnditors: Amounts Falllng Due After More Than One Y•ar 2023 2022 Capital grants 421,300 447,632 421,300 447,632 9. Company limitod by guarant•• The charitable company Is Ilmited by 9uarantee and has no share capital. The charltable company Is reglstered as a charlty with HMRC for tax purposes under ference number N100154. As a charitable companyi Leckpatrick Development Association is exempt from tsx on Income ènd gains to the extent that these have arisen from Its charitsble objects. No tax charges have theref¢xe arisen for the charitable company for ttr* Ojffent year. The company is a company Ilmited by guarantee, having no share capital. Every member or the company undertakes to contrlbute to the assets of the ¢ompanyi in the event of a windin9 up, such an amount as may be requlred not exceeding £1. 10. General Inforniatlon Leckpatrick Development Association is a private company, Ilmlted by guarantee, incorporated in Northern Ireland, regIstsd number N1613635. The registered offlce Is 48 Leckpatrick Road. Arkngarvan, Strabane, Tyrone, BT82 OHN. PagL IO"
Leckpatrick Development Association Detailed Income and Expenditure Account For The Year Ended 31 July 2023 2023 2022 TURNOVER Hall Hire 12,631 6,981 GROSS SURPLUS 12.631 6,981 Administratlve Expenses Wages and salaries Property mana9ement and servlce charyes Light and heat Repalrs and maintenance Cleaning Insurance Telephone Accountancy fees Depreclatlon of plant and machinery Depreciation of computer equlpment Depreciation of leasehold land and property Sundry expenses 5.300 741 7,668 1,349 242 1.690 1,538 1,020 529 62. 28,103 1,078 3,600 381 4,228 1,392 1,800 1,223 1,050 705 83 28,103 370 (49,320) (42,935) Other Operatlng Income Grants and subsidie5 ceIved 44,330 38,33 L 44,330 38,331 OPERATING SURPLUS AND DEFICIT FOR THE FINANCIAL YEAR 7.641 2,377