Registered nurnber N1036858 Charity number 103654 Lisbarnett and Lisbane Community Association Ltd Report and Accounts for the year ended 30 September 2022 Lisbarnett and Lisbane Community Association Ltd Report and accounts Contents Page Company Informalion Direciors. report Accountanls. report Slalemenl of Financial Activities Balance sheer Notes to the accounts Lisbarnett and Lisbane Community Association Ltd Company Information Trustees PAargare.l Finiay Gillian Anderton Violet Spence Secretary Catherine Chambers Accountants SJO Accounlanls Lid J7 Movilla Sireel NpiNlnwnards Cr) Down BT23 7JQ Bankers D,?nske Bank Busines5 Banking PO Box 183 Donegall Square Wesl Belfast Bll 6JS Registered off ice 16 Lisbarnell Road Lisbane Co Doi¥n 8T23 6AVV Registered number NlfJ368fi8 Charity number 103654 Lisbarnett and Lisbane Community Association Ltd Registered number: N1036858 Direclors. Report The dirp.clors present Iheir report and accounts for ihe year ended 30 September 2022. Principal activities Tlie company's principal activity during the year continued to be the running of a Community Associaliori Operations in year have resulted in a nel income of £7.014. Directors The lollowsng persons served as directors during the year-. Marqarel Finlay Gilliaii Aiiderlon Violet Spence Small company provisions Thi% r?.porl kias been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable lo companies subject to the small companies regime. This report was approved by the board on 12 April 2023 and signed on its behalf. Gillian Anderton Director Lisbarnelt and Lisbane Community Association Ltd Accountants. Report Accountants. report to the directors of Lisbarnett and Lisbane Community Association Ltd Yuu have approved the accounts for the year ended for the year ended 30 September 2022 which comprise the Slalemenl of Financial Activilies, Balance Sheet and relalecl notes. In accordance with yOLlI Instruction we have compiled these unaudited accounts from the accounting record5 and inlofmalion and explanalions supplied lo us. Independent Examiner's Statement We have reviewed the accounts of Lisbamett and Lisbane Community Association Ltd for the year ended 30 Seplember 2022.ln connection with rny examination. no matter ha5 come lo my atlenlioti".li) whic.h gives me reasonable cause lo believe. in any material respect. that the requiTemenl to keep proper accounting records in 3ccordance with the Section 63 of the Charities Act i Northern Ireland) 2008 has not been kept,. or,(iil to which. in my opinion, attention should be drawn In order lo enable a proper understanding of the accounts to be reached. SJO Acr.ounlanls Ltd Chaflered N1anagemenl Accountants 37 Movilla Slreel Np.wtownards Cn Doivn BT23 7JQ 12 April 2023 Lisbarnett and Lisbane Commun•ty AssocialioTr Lld Statement of Financlal Activities for the year ended 30 September 2022 2022 2022 2022 2021 Unrè$fri¢led Funds Re$iricteLI Funds Tolal Total G-anls & Reieivables )yiip{ 13875 26.635 8.262 22.137 25.459 8.262 48 772 50.056 118.3141 15.2911 123.60$) 133.8561 Gross profil 22 196 2.971 25.167 16.200 AdminiEifiiivp •Yipn$es {15.2081 12.9711 118 179} 113.3531 Operating Incominglloutgolngl Resourc•s 6.988 6.988 2.847 Iiileresi receivable 26 26 20 Net Inconiinglloulyoingl Resovrces 7.014 7.014 Lisbarnett and Lisbane Community Association Ltd Registered number: N1036858 Balance Sheel as at 30 September 2022 Notes 2022 2021 Fixed assets Tangible assels 58.451 66.897 Current assets Debtors Cash al bank and in hand 2.027 19.520 21,547 30,515 30,515 Creditors.. amounts falling due within one year 17.8601 17.7161 Net current assets 22.655 13.831 Total assets less current 81.106 80,728 Creditors.. amounts falling due after more than one year (39.816) (46,452) Net assets 41,290 34,276 Total Funds UnreslriLled FJnds Restricted Funds 41.290 34.276 Accumulated funds 41,290 34,276 The directors are satisfied that the company is entitled to exemplion from the requirernenl lo obtain an ¢iudil under section 477 01 the Companies Act 2006. The members have not required the company to oblain an audit in accordance with section 476 of the Act. The directors acknowledge their responsibilities for complying with the requirements of the Companie5 Aci 2006 ivilh respect lo accounting records and the preparation of accounts. The accoiinls have been prepared and delivered in accordance with Ihe special provisions applicable lo companies subject lo the small companies regime. Appr ed by Ihe Tru51ees and signed on Iheir behalf by: G,.Ilian Anderton Truslee Approved by the boarrJ on 12 April 2023 LisbaTnett and Lisbane Communty Association Ltd Notes to the Account5 lor the year ended 30 September 2022 StaiÈment tsl Trusteeg R•sponsibillll•s The rl1￿5 ol the Chariiv require Ihe Trusiees lo prepare ¥ccounls lof each financial year which give a true and fair ill Ih&i ol dll*iifs trjl Phe Chatyiy ano ol Ime stsrplus or deficil lor that penod. In preparing those atcounls. s*.*r.I siiiiahle èccounling policies an¢ then apply i•ein con5151enll niJn)e l*ai Ihe Cha￿tY Ktrill continue In business. Tl)p Trii£lv.e£ xo -e5pOllsib￿ lor mainiaininy proper accounl*ng records under Section 63 01 the Charil18s A IN0￿￿pr￿. It#lap.012008 which are 5ufficienl lo stM)w Explain all the Charir¢s transaction.. which are such as to -lose wilh rea50D8b￿ accuracy the finanoal post￿ of Ihe Charitv. and which enable the Iru51ees 10 ensure Tb.i* the 2crr.:Inlt pr&pare¢J rDrnply with sechon 64111 of ffte Act. They are also responsible for safeguarding the a.4spls al Ihp Ch3Tlv. Includinq the main4enancE ol adequa&e procedures 10 prevent anL* del8Ct fraud and other 2 Accounting policies Going Concern TYp4f. Iiirils liave bÈen prepared on the going cOr￿M basis. rK)Iwrthslanding the lacl Ihal Ihe company has Incurred nei Olltqoing resotsrces In the cu¥renl and prv)r years. The IfU>tÈes have considered the luttyre cashflow recJireme&ll> ol +he COmDany ana have a reason3ble expÈcla1￿n iryai the company will have aoequ31e resources lil i.-(Iiilinue Ill operational ex*ste*ce lor the lore5eeable fu14Jre. Actordin9ly the Iruslees consider Il Is appropriale Iha., Ib.e company wim continue as a g¢in9 COWM. Accouniinq Cohvention rhi: 8-.c'J Jil',f al+N prepared under the historr cosl convention. They compty Ihe ￿quIreMen[S of Sialemenl i)1 Rp¢omnieDcle.d Practice 'Accounling Bnd ReportiTh3 by Chanlies. I'SORP! and a￿ In accordance wilh General Accunyul4ted Funds 'Il i[.4. Jriiila'.e(I are unrestricted funds availabkn lo Ihe Chanly lor ils general purpose5 and indude IiilKI￿ Ilesigiialed by Ine Chatily lor a partIcu￿r ptsfwse use of such lunds ren7ains al the discrets'on of the Resiricted Funds Re%itti:It.cl ILII)aS 3re funds sijbjecl lo restr$d￿n5 irnposed by the dor￿ ar by the specific lerms of the appeal Dder which the funds are r3ised. The reStr￿IK)r￿S are bindin9 upon Ihe Chanty. Income All Income Is accotsnled for when Ihe Ch3rity has eniillemenl. there Is certainty ol ￿¢￿p¢ ancl the amouni is mE3!urable Governance. Management 8 Administration lifJQiirrtanc.p. rr,anagpmoni and admin151ralioq expenses relaie 19 Ihe whole ol the Charity's 3Ctivities and a -ptsrtion ol Ihese cnarges are allocaied to eXpe¥￿IlUre hea(Jings on a tyasis Ihai LS consisienl wrth Ihe use of the r&¢ouries. Lisbarnelt and Lisbane Community Association Ltd Note5 to the Accounts for Ihe year ended 30 September 2022 Inlangible fixeil a55els Iiil.IrIgib￿ assets are measured at tosl kss accumui8tNe amortisaiion and any accumuLative impaimieni Tangible fixed assels ,￿￿Ll £1>selS Bre measu.'ed at COSI ￿$$ a¢cumuiAlive d8preciatwJn and any accurnulalive impaimerst It-&hP.£ f>p.D-erialbOn 15 provided on all tai)giD￿ fixed a$seis. otrner than Ireehokj lafKI. al rates Ealculaieo 10 Wnte .H Ifse cosi. IESS esiimaied ￿SlaU31 i'alue. of each assei aventy over Ils ¢xpecied uselul Iile. as folbws. Locisehoid land and Juifdings over Ihe èase ierm over 5 years 15% rerjucing tsaLince Fi¥',ure%. Ii',Iing5 iouls oquipment Deoiors .)Iiii.. I '.trrn, ¢*re measured ai iransa¢lw pr￿ i¥thth ts usually Ihe pncel. Eess any imDaim)eni fyr Ejthj diia duutsllul Lle015. Loans and olner financial as5els are Inilialty re¢ognised at transaction price ITicludiiiq ar'y IraT)sdclK)r. costs subsequenlly rnea5ured ai arnonised cosi delerrnined Ihe effeclive }IIIéivjl ITie1i￿￿ I￿5 any Iti)iJairmenl losses lor had and doublful deDIS. ¢redltor5 gFK)ri ierm crgrjtlors ale meas15Ted at transaction pnce jwhich Is usuallv the +nvoice pricel. Loans and other fin3ncial Iiabililies are Initially recognised ai tran5actyon pnce nel of ans IranSact￿n E05ts and subsequenlty dsuiert dl amortispd c051 iJelerrDined using th￿ effective inleresi meihfyj. Taxarion Nr lah ha% heen PTovided In Ihese accounis because the ￿coMe of the ¢hanty is within the eXeMpl￿n granied by Sfrciionl 4fi6J93 Jf the Corporal￿￿ Taxe5 Act 2010. Provisions Pryk 1510ns , ie I,'.Ibilil*s o uncertain timing D,. atnounll are recogDvd when there 15 an oblHJ3tion at Ihe reportin9 dai¢ 35 2 rosull ol a nasi eveni It Is probab￿ ihal economic benefii ￿'Ill be iransferred 10 settle the obligalion an# Ihp amoLtni DI Ihp obl,galion can be e5t4rnaled reliably Foreign currency translation Tranfar.I'ons In loreign curyencie$ are Iniltaty ￿C09n1Se(j at the rate of exchange ruling al Ihe date of Ihe IfAn8HC:lrtn J41 end of each r*porting penod foreign currèncy monelarv Ilerns are Iranslaie¢J ai the closing raie ol ￿N￿.hall1j￿. Ni)11-rnfinp.lary iiems Ihai are measured al hislorical cos: are transtsied ai Ibe raie ruling al the d3te ol itye transa¢450n All diflefences are charged lo profit or loss Ltsbarnett and Lbsbane Community Association Ltd Notes to the Accoiints for the year ended 30 Septtmber 2022 Leased ossels A ￿￿Se rlass11i&o as a finan￿ ￿3$e If Il IransfeTS subsianiially all Ihe risks and rewaros I￿￿￿￿ental lo O￿lIer>h1O All olher leases are cLas51TieiJ as operating ￿aseS. The n9hlS of use and obligations vnder finance arè Iniliallv reiogniseo as asse15 and habililies ai èmounts eoual to Ihe fair value ol the leased a$5els or. If li.4.￿1 Ilie oraspnl 'JJltse of ihe minimurn ￿ase paymep.ts. Minimurn lease paymen15 are apwrtoned bet￿eeTr the fiiai rLe charqe T?ni Ihe (edu-litsn In the yLS4slandir.g ILabilitry us¢ng Ihe ellec11￿e -.nleresi rate methocl The finance ctya'oe Is 3110caied lo each perio(5 during the ￿ase so as to proouce a constsni pern)dic raie of Interest on the rp.mainino balanie ol Ihe lobilrfv. Lea5e¢J assels are depTechiled In accordance with Ihe company's policy for frtfiqiblp f.ketl 355erq 11 Ihere ￿ nc Teasonabk certa￿1¥ that ownership t4tll be obtained at th? end of the lease '.tyo a%%tJl Is Oe?,'8c,'aiea ovtsr Ihe kwer ol the lease term and Ils tsseful life. Opefaling kase paymenis afe qni%eo b-. an expense on a 51raighl line basis over Ihe lease lem). Pensions i ilf'lrilililinnq lo Oplined wnlribulioTr plans are expensed In ihe penod to whth Ihey ￿late. 3 Employees 2022 2021 NuM￿r Number AvprJ9e ntimber f)1 persons employed by the company Tangibte li¥ed assets Plant and machinery èi¢ Land an buiklÈngs Total Cost AI l OGIDber ?021 126.066 29.301 155.387 155.387 AI 30 Sepiembe" 2Q22 126.QB6 29 301 Depferiation l Oiluuel 2021 Tge lo< Ine'ftar At In SpDi¥Jmber 2922 62.535 7.944 25.955 502 88.490 8,446 96.936 26.457 Nel t)ook value A., 30 SepfpTtyer 2022 55.607 2.844 58.451 AI JU Seoiember 2G21 63.551 3.346 66.897 5 DebtOf5 2022 2021 Olher rte¥Jlors ?.027 Cie4lt¢*f5.' amounts ialllng due wlthln on• y•ar 2022 2021 Taialion aTrd Sor.1￿ %ecLIFltv cosls 80 1 144 6.636 7.860 1.080 6.636 Ckyilal Granl Lisbarnett and Lisbane Communty Association Ltd Notes to the Accounts lor Ihe year ended 30 Seplember 2022 ¥edilors. amoiinis lallrng dué aft•r one year 2022 2021 LA,'IiIAI Grant 39.816 46.452 Statement ol Funtls Exp•nditurn Transf•rs At b*￿et￿ lunds 3010912022 JIV0912021 General Rtser¥e5 34.276 40.536 133.5221 41.290 Total Unreslyicted funds 34.276 40,536 133.522 41.290 RestTlCted Reseryes 1.000 2.000 971 1.862 2.229 200 11.OCK>I 12.0(Kll AN.08C. RiinnirTrg rosls AKD8G CO Gfanl 11.862,. t=Rf -- Eci'>rf Years 12001 Total RestiictÈd ResErves 8.262 18.262, Reslricied reserve 031ance ai 30 September 2022 was £nl. 9 Rola¢ed party tran8aclions Fhere were no relaied paty Iransactions dur.ng Ihe yeai. 10 Triistees None ol Ihp Ir1151e•s lor any person conn8cbY wilh Iheml iècwved any ￿mUneration cluting the ￿31. anrl none ol were ie.Imbutsed for travellirrfj expenses. 11 other Inlormation L15)arneii Jnd Lisbane Corp.munity AS$r￿li0￿ Ltd is a regislered Chanty Iimrted by guarantee ar￿ incorporaled ,ii f40.'Ihern l.-elano Ils ¥eyisiered orrKe is 1b L1gb3rieip Road Listyane o Do¥¥Tb 8T&J OAW