Company Reglstration Number: N1019360
Charity Number.. NIC103043
Shankill (Lurgan) Community Projects
(A company limited by guarantee, not having a share capitsll
Annual Report and Unaudited Financial Statements
for the financial year ended 31 March 2024
Daly Park & Company Ltd
Chartered Accountants
4 Carnegie Street
Lurgan
Co. Armagh
BT66 6AS
Northem Ireland

Shankill {Lurgan) Community Projects
{A company limited by guarantee. not having a sharg capital)
CONTENTS
Page
Trustees, and Other Information
Trustees, Annual Report
statement of Trustees, Responsibilities
Independent Examiner's Report
Statement of Financial Activities
10
Balance Sheet
Notes to the Financial Statements
12-16

Shankill {Lurgan) Community Projects
IA company Ilmited by guarantee, not having a share capital)
TRUSTEES. AND OTHER INFORMATION
Trustees
Thomas Mccorry
Sydney Calms (Resigned 9 May 20231
Wilson Freeburn
James Joseph Nelson
Charity Number in Northern Ireland
NIC103043
Company Reglstration Number
N1019360
Registered Office
Mount Zion House
Edward Street
Lurgan
Craigavon
Co. Armagh
BT66 6DB
Northern Ireland
Principal Address
Mount Zion House
Lurgan
Co. Armagh
BT66 6DB
Northem Ireland
Independent Examiner
Daly Park & Company Ltd
Chartered Accountants
4 Carnegie Street
Lurgan
Co. Armagh
BT66 6AS
Northern Ireland
Principal Bankers
Bank of Ireland
13 Market Street
Lurgan
Co. Armagh
Northern Ireland
Solicitors
Peter Murphy Solicitors Ltd
28 Church Place
Lurgan
Co. Armagh
BT66 6EU
Northem Ireland

Shankill (Lurgan) Community Projects
IA company limited by guarantee, not having a share capitsll
TRUSTEES. ANNUAL REPORT
for the financial year ended 31 March 2024
The trustees present their Trustees, Annual Report, combining the Directors. Report and Trustees, Report, and the
unaudited financial statements for the financial year ended 31 March 2024.
The financial statements are prepared in accordan￿ with the Companies Act 2006, FRS 102 "The Financial Reporting
Standard applicable in Ihe UK and Republic of Ireland" and Accounting and Reporting by Charities.. Statemenl of
Recommended Practice applicable to charilies preparing their financial statements in accordance with the FinanGial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The Trustees, Report contains the information required lo be provided in the Trustees, Annual Report under the
Statement of Recommended Practice (SORP) guidelines. The trustees of Ihe company are also charity trustees for the
purpose of charity law and under the company's constitution are known as members of the board of trustees.
In this report the trustees of Shankill (Lurgan) Community Projects present a summary of its purpose, governan￿.
artivities, achievemenls and finances for the financial financial year 31 March 2024.
The company is a registered charity and hen￿ the report and results are presented in a fom which complies with the
requirements of the Companies Act 2006 and. although not obliged to comply with the Statement of Recommended
Practice applicable in the UK and Republic of Ireland FRS 102, the organisalion has implemented its recommendations
where relevant in these financial stalements.
Mission, Objectives and Strategy
Mission Statement
Shankill (Lurgan) Community Projects is a cross community enterprise committed to realising a vision of Lurgan and its
surrounding areas. as a caring, prosperous and reconciled community. SLCP works in 3 specific areas '.
1. Advice and information service. The Advice Craigavon seNT￿S provides welfare and debt advice to those in need
infomiing individuals about their rights and supporting them in their ability to exercise these rights on key social welfare
issues eg debt social security etc. Advice Craigavon also refers individuals to other statutorylcommunity services
services eg food bank, counselling and restorative justice.
2. Community Resource provision SLCP is a centralised community resource which works directly or in partnership to
deliver a range of physical. emotional and rnental well-being programmes to the local community through the..
Provision of low costlno cost office rentals and room hire to voluntary and community organisations.
Partnership delivering beneficial programmes into the community.
Delivery of capability and capacity building programmes including community relations, adult learning and leisure
programmes.
3. Health and Well Being programmes All health & well being programmes including counselling services are open to
individuals from across the community and income derived from the provision of services. room hire and office rentals
is reinvested by SLCP in support of its community based activities.
Structure, Govemance and Management
Structure
Shankill Lurgan Community Projecls is a company limited by guarantee and does not have a share capilal. It is governed
by a memorandum and articles of association and the liability of each member is limited to an amount not ex￿edIng
£1. The charity has an induction programme for new directors as part of which they are advised of their legal
responsibility, main duties and roles. The directors have ultimate legal and financial responsibility for the affairs of
Shankill Lurgan Community Projects, although the day to day management of the organisation is undertaken by a
separate individual who report to the Board of Directors at regular meetings. The directors meet on monthly or bi-
monthly basis.
The directors of the company at 31 March 2024. all of whom have been directors for the whole of the period ended on
that date, unless othe￿iSe stated, are listed on the information page.

Shankill (Lurgan) Community Projects
(A cornpany limitgd by guarantee, not having a share capltall
TRUSTEES, ANNUAL REPORT
forthe financial year ended 31 March 2024
Review of Activities. Achievements and Performance
ANNUAL REPORT 202312024
Our Achievement and Accomplishments
Preparing an annual report provides a time for reflection, an opportunity to look back over the previous year revisiting
areas of success and reconsidering areas of challenge. 11 also helps us to look to the future and consider what it is
we need to do to keep moving forward. There is quotation that says "Moving on is a process, moving fornard is
choice. There's a slight difference between the two- moving on is letting things happen, moving foward is making
things happen."
In the year end March 2024 SLCP continued through another difficult year especially with the rising costs of Gas and
Electricity along with price increases for materials etc.
Organisations within Mt. Zion House also have struggled with increases but still remain committed to serving the
communily.
¢&n¢er
SLCP are delighted that our partner Action Cancer have continued to bring ils therapeutic support se￿iceS lo Mt Zion
House and in supporting this much needed service in our area we continue to offer them the use of2 rooms at no
cosl as a Ihank you for their work.
Complementary therapy can help reduce anxiety and stress, improve sleep pattems and aid
relaxalion. It can also teach coping skills to help deal with what's happening. Any adult or child who has had a cancer
diagnosis themselves or has been affected through a Close
relative's diagnosis can avail of this free service.
Counselling continues to be a vital service especially with the continuing cost of living crisis and the effecl it is having
on the community, along wilh ones everyday struggles. With our qualrfied counsellors they can offer their clients a
safe and confidential service within Mt. Zion House either face to face or via zoom. We are delighted to welcome 2
more Counsellors to Mt. Zion House as the demand is continuing to increase and going forward 2 more Counselling
services have requested space when available.
Community workshops continued throughout the year along with Mental Health support groups as demand conlinues
within our community. In the coming year we hope lo expand our workshops to include upcycling ifwe receive fijnding
needed to offer Ihi5 service to our community.
S.L.C.P continues to provide a green space and partners with Praxis Care a Tenant.
With the help and dedication of their clients along with volunteers from the local community suffering with Mental
Health issues the community garden has flourished throughout the year. S.L.C.P were able to excess funding to
further develop Ihis green space. We will continue to enhance this space as clients and volunteers are slating that the
garden brings such joy to them, and they feel safe in this environment and enjoy their lime working with each other.
During the year we sought funding to repla￿ 13 front windows and have been successful and these will be replaced
in the next few months. We still need more windows replaced and will seek funding so as to reduce our energy costs.
S.L.C.P will continue to upgrade Mt. Zion House so it is fit for purpose for years ahead.
As Mount Zion House is a Community Hub, we continue to provide office and workshop space to the
voluntarylcommunity sectorland small enterprises. We have welcomed new Tenants during the year and going
forward from April we will be al maximum capacity with a waiting list for occupancy.

Shankill (Lurgan) Community Projects
IA company limited by guarantee. not having a share capltall
TRUSTEES, ANNUAL REPORT
for the financial year ended 31 March 2024
We still have no doubt that we will face challenges throughout the coming year bLrt we feel confidenl we can
overcome them.
None of the achievements above would be possible withoul the support of our directors, and
company accounlanl. Without their knowledge and commitment Shankill (Lurgan) Community Projects would be
unable lo provide Ihe services required within the community.
S.L.C.P look forward to welcoming new members to the Managemenl Board in the next financial year.
OUR COMMUNITY PARTNERS
vaYpie_. ,...,- ,,..
HP*me n)-
St*Rt .(
STMT360
Support and frlendBhlp
for f&milies
AND MANY OTHER GROUPSISMALL ENTERPRISES
Big Thanks to our Funders
At Mount Zion House we have always striven to adopt an approach of income self-generation in order to continue
supporting the local community.
We would like lo thank the following funders.
Armagh Banbridge &Craigavon Borough council
Keep Nl Beautiful Small Grants
Financial Review
Reserves Policy
The trustees have confimed £25,000 as the level of free reserves that the charity aims to have on an ongoing basis
and are working towards this target through a series of measures introduced in the current financial year and with plans
already underway for the next financial year. The trustees believe this level of free reseNes is essential lo enable the
charity lo provide its activities for the frjreseeable future. This reseNe policy is an integral part of the charity's planning,
budget and forecasts.
Financial Results
At the end of the financial year the company ha5 assets of £938,216 {2023 - £926.780) and liabilities of £71.960 (2023
£80.417). The nel assets oflhe company have increased by £19,893.
Principal Risks and Uncertainties
The directors have actively reviewed the major risks which the charity faces and believes that the charity has sufficient
resources in the event of adverse conditions. The directors have also examined other business and operational risks,
which the charity faces and confirm that it has established systems to mitigate significant risks.

Shankill (Lurgan) Community Projects
IA company limited by guarantee, not having a Share capital)
TRUSTEES, ANNUAL REPORT
for the financial year ended 31 March 2024
Trustees
The truslees who served throughout the financial year, except as noted, were as follows..
Thomas Mccorry
Sydney Calms (Resigned 9 May 2023)
Wilson Freeburn
James Joseph Nelson
In accordance with the Constitution, the trustees retire by rotation and, being eligible, offer themselves for re-election.
Compliance with Sector-wide Legislation and Standards
The company engages pro-actively with legislation. standards and codes which are developed for the sector. Shankill
{Lurgan) Community Projects subscfibes to and is compliant with the following..
The Companies Act 2006
The Charities SORP (FRS 102)
Public Benefit
In setting our objectives and planning our activities for the year the trustees have given careful consideration to the
Charity Commission for Northern Ireland's guidance on public benefit to ensure that Ihe activities have helped the
charity purposes and provide a benefit to beneficiaries.
Approved by the Board of Trustees on 28 June 2024 and signed on its behalf by:
Thomas Mcc
Trustee
James Joseph Nelson
Trustee

Shankill (Lurgan) Community Projects
IA company limited by guarantse, not havlng a share capital}
STATEMENT OF TRUSTEES. RESPONSIBILITIES
for the financial year ended 31 March 2024
The trustees, who are also directors of Shankill (Lurgan) Community Projects for the purposes of company law, are
responsible for preparing the financial statements in accordance wtth applicable law and regulations.
Company law requires the trustees as the directors to prepare financial statements for each financial year. Under that
law the trustees have elected to prepare the financial ststements in accordance with United Kingdom Generally
Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company
law the trustees must not approve Ihe 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 surplus or deficit of the company for Ihat period.
In preparing these financial statements, the trustees are required to-.
select suitable accounting policies and apply them consistenlly.,
make judgements and estimates that are reasonable and prudent:
state whether the financial statements have been prepared in accordance with Ihe relevant financial reporting
framework, identify those standards, and note the effect and the reasons for any material departure from those
standards,. and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that Ihe company
will continue in operation.
The trustees confirm that they have complied with the above requirements in preparing the financial statements.
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 Ihem to ensure that the financial statements comply with. They are also responsible for safeguarding the assets
of the company and hence for laking reasonable steps for the prevention and detection of fraud and olhei irregularities.
Approved by the Board of Trustees on 28 June 2024 and signed on its behalf by:
Thomas Mccorry
Trustee
James Joseph Nelson
Trustee

Shankill (Lurgan) Community Projects
IA company limited by guarantee, not having a share capital)
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES
OF SHANKILL (LURGAN) COMMUNITY PROJECTS
We have examined the financial stalements ofthe companyforthe financial yearended 31 March 2024. which comprise
the Statement of Financial Activities (incorporating an Income and Expenditure Account), the Balance Sheet and the
related notes.
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the
Companies Act 2006. Our work has been undertaken so that we might compile the financial statements that we have
been engaged to compile, report to the Board of Trustees that we have done so, and slate those matters that we have
agreed to stale to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept
or assume responsibility to anyone other than the company and the company's members, as a body, for our work, or
for this report.
Respective responsibilities of trustees and examiner
The company's trustees (who are also the direclors of the company for the purposes of company law) are responsible
for the preparalion of the financial stalements in accordance with the requirements of the Companies Act 2006. The
company's trustees consider that an audit is not required for this financial year under Chapter 3 of Part 16 of the
Companies Act 2006 and that an independent examination is required.
It is our responsibility to=
examine the financial slatements under section 65 of the Charities Act-
follow the procedures laid down by the general Directions given by the Charity Commission for Northern Ireland
under section 65{9)(bl of the Charities Act., and
stale whether particular matters have come to our attention.
Basis of independent examinerfs report
We have examined your company financial statements as required under section 65 of the Charities Act and our
examination was carried out in accordance with the general Directions given by the Charity Commission for Northern
Ireland under section 65(9)(bl of the Charities Act. An examination includes a review of the accounting records kept by
the company and a comparison of the financial slatements presented with those records. It also includes consideration
of any unusual items or disclosures in the financial statements and seeking explanations from the trustees concerning
any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and
consequently no opinion is given as to whether the accounts present a 'lrue and fairf view and the report is limited to
those matters set out in the statement below.
In connection with our examination, no matter has come to our attention which gives us cause to believe that in, any
material respect=
accounting records were not kept in accordance with seclion 386 of the Companies Acl 2006
the financial statements do nol accord with those accounting records
the financial statements have not been prepared in accordance wilh the accounting requirements of section 396 of
the Companies Act 2006 and with the methods and principles ofthe Slatement of Recommended Practice applicable
lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland {FRS1021
there is fijrther information needed for a proper understanding of the accounts to be reached.
Independent examinerfs statement
We hav
concems
d have come across no other matters in connection with the examination to which attention
be
rawn in t
port in order to enable a proper understanding of the financial statements to be reached.
DA
ARK & COMPANY LTD
Ch
red Accountants
4 Carnegie Street
Lurgan
Co. Armagh
BT66 6AS
Northem Ireland
Date". 28 June 2024

Shankill (Lurgan) Community Projects
IA company limlted by guarantee, not having a share capital)
STATEMENT OF FINANCIAL ACTIVITIES
{Incorporating an Income and Expenditure Accounti
for the financial year ended 31 March 2024
Unrestricted Restricted
Funds
Funds
2024
2024
Totsl Unrestricted Restricted
Funds
Funds
Funds
2024
2023
2023
Total
Funds
2023
Notes
Incoming Resources
Voluntary Income
Activities for generating
funds
Other income
56,500
56,500
130.041
10.589
132,199
8,400
18,989
132,199
130,041
82,758
82,758
Total incoming resources
130,041
56,500
186,541
225,546
8,400
233,946
Resources Expended
Charitable activities
155,174
11,474
166,648
175,657
8,400
184,057
Net incomingloutgoing
resources before transfers
(25,133)
45,026
19,893
49,889
49,889
Gross transfers be￿een
funds
45,026
{45.0261
Net movement in funds for
the financial year
19.893
19,893
49,889
49.889
Reconciliation of funds:
Total funds beginning of the
year
13
846,363
846,363
796,474
796,474
Totsl funds at the end of
the year
866,256
866,256
846,363
846,363
The Statement of Financial Activities includes all gains and losses recognised in Ihe financial year.
All income and expenditure relate to continuing activities.
The note5 on pages 12 10 16 form part of the financial statements
10

Shankill (Lurgan) Community Projects
IA company limltsd by guarantee, not havlng a share capltall
Company Number-. N1019360
BALANCE SHEET
as at 31 March 2024
2024
2023
Notes
Fixed Assets
Tangible assets
930,482
918,853
Current Assets
Debtors
7.734
7,927
Credltors: Amounts falling due within one year
10
157,606)
(57,091)
Net Current Liabilities
{49,872)
(49,164)
Total Assets less Current Liabilities
880,610
869,689
Creditors
Amounts falling due after more than one year
11
{14.354)
(23,326)
Total Net Assets
866,256
846,363
Funds
General ftjnd (unrestricted)
866,256
846,363
Total funds
13
866,256
846,363
These financial statements have been prepared in accordance with the special provisions relating to small companies
within Part 15 of the Companies Act 2006.
For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the
Companies Act 2006., and no notice has been deposited under section 476.
The trustees confirm that the members have not required the company to obtain an audit of its financial statements for
the financial year in question in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for ensuring that the company keeps accounting records which comply
with section 386 and for preparing financial statements which give a true and fair view of the slate of affairs of the
company as at the end of the financial year and of ils profil and loss for the financial year in accordance with Ihe
requirements of sections 394 and 395 and which othe￿iSe comply with the requirements of the Companies Act 2006
relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the
small companies, regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland" applying Section 1A of that Standard.
Approved by the Board of Trustees and authorised for issue on 28 June 2024 and signed on its behalf by
James Joseph Nelson
Trustee
Trustee
The notes on pages 12 10 16 form part of the financial statements
11

Shankill (Lurgan) Community Projects
IA company limltsd by guarantee, not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
GENERAL INFORMATION
Shankill (Lurgan) Community Projects is a company limited by guarantee incorporated in Northern Ireland. The
registered Offi￿ of the company is Mount Zion House, Edward Street, Lurgan, Craigavon, Co. Amiagh, BT66
6DB. Northem Ireland which is also the principal place of business of the company. The financial statements
have been presented in Pound (£) which is also the functional currency of the company.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following accounting policies have been applied consistently in dealing with items which are considered
material in relation to the charity's financial statements.
Basis of preparation
The financial statements have been prepared on the going concem basis under the historical cost convention,
modified to include ￿rtain items at fair value. The financial statements have been prepared in accordance with
the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS
102" applying Section 1A of that Standard.
As pemitted by the Companies Act 2006, the company has varied the standard formats in that act for the
Statement of Financial Activities and the Balance Sheet. Departures from the standard formats are lo comply
with the requiremenls of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of Ihat
SORP.
Statement of cornpliance
The financial statements of the company for the financial year ended 31 December 2017 have been prepared
on the going concern basis and in accordance with the Statement of Recommended Practice (SORP)
"Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting
standard applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that Standard.
Incoming Resources
Income is recognised by inclusion in the Stalement of Financial Activities only when the company is legally
entitled to the income. performance conditions attached to the item(s) of income have been mel. the amounts
involved can be measured with sufficient reliability and it is probable that the income will be re￿IVed by the
company.
Resources Expended
Expenditure is analysed between costs of charitable activities and raising funds. The costs of each activity are
separately accumulated and disclosed. and analysed according to their major components. Expenditure is
recognised when a legal or constructive obligation exists as a result of a past event. a transfer of economi
benefits is required in settlement and the amount of the obligation can be reliably measured. Support costs are
those functions that assist the work of the company but cannot be attributed to one activity- Such costs are
allocated to activities in proportion lo staff time spent or other suitable measure for each activity.
Tangible fixed assets and depreclatlon
Tangible fixed assets are ststed at cost or at valuation, less accumulated depreciation. The charge to
depreciation is calculated to write off the original cost or valuation of tsngible fixed assets, less their estimated
residual value, over their expected useful lives as follows..
Land and buildings freehold
Plant and machinery
Fixtures, filtings and equipment
Motor vehicles
Various
200/0 Straight line
20Q/o Straight line
20 /0 Straight line
Debtors
Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at
the amount prepaid net of any trade discounts due. Income recognised by the company from government
agencies and other co-funders, but nol yet received at financial year end, is included in debtors.
Taxation and deferred taxation
No current or deferred taxation arises as the company has been granted charitable exemption. Irrecoverable
valued added tax is expensed as incurred.
12

continued
Shankill (Lurgan) Community Projects
IA company limited by guarantee, not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
INCOME
DONATIONS AND LEGACIES
Unrestricted Restricted
Funds
Funds
2024
2023
Gifts & Donations
Grants Received
2,500
54,000
2,500
54,000
12,689
6,300
56,500
56,500
18.989
OTHER TRADING ACTIVITIES
Unrestricted Restricted
Funds
Funds
2024
2023
Income from charttable activiles
130,041
130.041
132.199
OTHER INCOME
Unrestricted Restricted
Funds
Funds
2024
2023
other income
82.758
EXPENDITURE
CHARITABLE ACTIVITIES
Direct
Costs
Other
Costs
Support
Costs
2024
2023
Cost of charitable aclivities
120,476
46,172
166,648
184.057
SUPPORT COSTS
Charitable
Activitie5
2024
2023
Support Costs
46,172
46.172
ANALYSIS OF SUPPORT COSTS
2024
2023
Support Costs
46,172
NET INCOMING RESOURCES
2024
2023
Net Incoming Resources are statsd after charyingl{¢rediting):
Depreciation of tangible assets
Independent Examinerfs remuneration=
independent examination services
35,592
34.001
2,270
1.803
EMPLOYEES AND REMUNERATION
The staff costs comprise..
2024
2023
Wages and salaries
3,127
13

continued
Shankill (Lurgan) Community Projects
{A company limited by guarantee, not having a share capltsll
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
TANGIBLE FIXED ASSETS
Land and
buildings
freehold
Plant and
Fixtures,
machinery fittings and
equipment
Motor
vehicles
Total
Cost
At 1 April 2023
Additions
1,397.763
47,221
75,457
195,884
1,600
1,670,704
47,221
At 31 March 2024
1,444,984
75.457
195,884
1,600
1,717,925
Depreciatlon
At 1 April 2023
Charge for the financial year
484.881
33,353
69,859
1,866
195,511
373
1,600
751.851
35,592
At 31 March 2024
518,234
71,725
195,884
1,600
787,443
Net book value
At 31 March 2024
926,750
3,732
930,482
At 31 March 2023
912,882
5,598
373
918,853
DEBTORS
2024
2023
Trade debtors
Prepayments and accrued income
3.550
4,184
1.710
6,217
7,734
7,927
10.
CREDITORS
Amounts falling due within one year
2024
2023
Bank overdrafis
Bank loan
Trade creditors
Taxation and social security costs
Accruals and deferred income
19,472
10,644
25,290
19,817
10,644
19.543
191
6.896
2,200
57,606
57.091
CREDITORS
Amounts falling due after more than one year
2024
2023
Bank loan
14,354
23,326
Repayable in one year or less, or on demand (Note 10)
Repayable belween one and two years
30.116
14,354
30,461
23.326
44,470
53,787
14

continued
Shankill {Lurgan) Community Projects
IA company Ilmltsd by guarantee, not having a share capital}
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
12.
RESERVES
2024
2023
At the beginning of the year
Surplus for the financial year
846,363
19,893
796,474
49.889
At the end of the year
866,256
846,363
13.
FUNDS
13.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unrestricted
Funds
Total
Funds
Al 1 April 2022
Movement during the financial year
796,474
49,889
796,474
49,889
At 31 March 2023
Movement during the financial year
846.363
19,893
846,363
19,893
At 31 March 2024
866.256
866,256
13.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
1 April
2023
Income Expenditure
Transfers
between
funds
Balance
31 March
2024
KNIB Small Grants
GWNI Alpha
Armagh Banbridge Craigavon
Council
1,500
25,000
30,000
1,474
{261
(25,000)
(20.000)
10,000
56.500
11,474
(45,026)
Unrestricted funds
Unrestricted General
846,363
130,041
155.174
45,026
866.256
Totsl funds
846,363
186.541
166,648
866.256
13.3 ANALYSIS OF NET ASSETS BY FUND
Fixed
assets
charity use
Current
assets
Current Long-term
liabilities
liabilities
Totsl
Unrestricted general funds
930.482
7,734
(57,606)
{14.354)
866,256
930,482
7,734
157,606)
{14,354)
866,256
15

continued
Shankill (Lurgan) Community Projects
IA company limlted by guarantee, not havlng a share capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
14.
STATUS
The company is limited by guarantee not having a share capital.
The liability of the members is limited.
Every member of the company undertakes to contribute to the assets of the company in the event of its being
wound up while they are members, or within one financial year thereafter, for the payment of the debts and
liabilities of the company contracted before they ￿aSed to be members, and the costs, charges and expenses
of winding up, and for the adjustment of the rights of Ihe contributors among themselves, such amount as may
be required, not exceeding £ 1.
15.
TRUSTEE RENUMERATION
No Trustee received nor waived remuneration in either the current or previous financial year.
16.
INDEPENDENT EXAMINERS FEE
The Independent Examiners. Daly Park & Company Ltd, were paid a fee of £2.200 for their work in the current
year (2023- £2.640).
16