Kilbroney Centre
IA ￿MPanY limit•d by gu•rarrt￿, not having a share capital)
Annual Report and Unaudited Financial Statements
for the financial year ended 31 March 2023
Company Number: N1606867
Charity Number.. 104782

Kilbroney Centre
{A company limited by guarantee, nol having a share capltall
CONTENTS
Page
Reference and Administrative Information
Trustees, Annual Report
Statement of Trustees, Responsibilities
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
10-14

Kilbroney Centre
IA ¢¢mpany Ilmlt•d by guarantsè. not having a share capital)
REFERENCE AND ADMINISTRATIVE INFORMATION
Trustees
Rev Adrian Dorrian - Chairperson
Rt Rev Darren James Mccartney
Edward W￿lleY
Kenneth John Hooks
Aanah Donaldson
Robert Andrew Brannigan
Or Ken Roberts
Helga Harris
Matthew Peach
Catroina O'Hanlon
Emma Holley (App￿'nted 6 February 20231
Charlty NUrn￿r In Northom Ireland
104782
Company Registratlon Number
N1606867
Roglst•rod Offlce and Prlnclpal Addro1S
1 ForeslbrrM)k Road
Rostrevor
Newry
BT34 3BT
Independènt Examlner
Malone Accounting
12 New Street
Newry
County Down
BT35 6JD
Prlnclpal Bankers
Ulster Bank Ltd
86 Hill Streel
Newry
County Down
BT34 1YB

Kilbroney Centre
IA company limited by guarantee, not having a share capltall
TRUSTEES. ANNUAL REPORT
lor the financial year ended 31 March 2023
KILBRONEY
The Iruslees present their Tws1￿. Annual Report. cnmbining Ihe Directors. Report and Trustees, Report, and th8
unaudited financial statements for the financial year ended 31 March 2023.
The financial statements are prepared In accordance wth the Companies Act 2006. FRS 102"The Financial Reportin9
Standard applicable in the UK and Republic of Irdand" and Accounting and Reportin9 by Charilies.. Statement of
Recommended Practice applicable 10 charits.es preparing their financial slatemenls in accordance with the Fin8nci81
Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 1021.
The Trustees. ReF￿rt c£snlains the inforynation requir8d lo be provided in the Trustees, Annual Report under the
ststement of Recommended Practice (SORP) guidelines. The trustees of the company are also Gharity trustees for the
purpose of charity law and under the company's conslilution are known as members of the board of trustees.
In this report the truslees of Kilbroney Centre present a summary of its purpose. govemance, adivities. achievements
and finances for the financial year 31 March 2023.
The charlty Is 8 registered ¢h8rity and hence the report and results are presented in a form whlch complies with th8
requirements of the Companies Act 2006 and, although not obliged lo cnmply with the Slalemenl of R8comm8nd8d
Practice applicable in the UK and Republic of Ireland FRS 102. the organisation has implemented its recommendations
where relevant in thése financial statements.
Mlsslon, ObJ•ctlv•s and Strategy
Objectlves
The direct benefits which flow from the purwse of the organisation are the education and promobon of Ihe Christian
faith to the users of the centre, the promotson and education of people regarding I￿nSe￿allOn of the natural
environmenl and the promOt￿n of reconciliabon. religious haM￿nY. equality and diversity. These benefits are
evidenced through the direct feedback from users of the cenlre. user suNeys, word of mouth recornmendations 8nd
repeal users. The beneficiaries are the users of the Cenlre who come from throughout Northem Ireland and includ8
youlh groups including BB. Brownies etc. church groups and school groups.
Structuro, Governan￿ and Managernent
Slnjcture
The Kilbroney Centre (The Centre) is overseen by a board of trustees.
The day to day management and development is caffied out by 2 full time employees. the development office and the
groundsman.
The Development Officer rep￿ to an appointed member of the Board. The groundsman report5 to the Development
Officef for day to day roles but are accountable to the same appointed member of Ihe board.
Revlew of Actlvitlos. Achlevements and Perfomance
2022123 has seen a return to the busy activities the centre had been accustomed lo befo￿ COVID. During our usual
peak seasons lexduding January and December) the centre hosted residential groups almost every weekend. From
April-June we welcomed school groups for residentials each week of temi time as well.
By the end of the finan￿al year. we had moved to appoint a third staff member to support the Centre Manager.
Kilbroney ha5 also maintained a team of 'bank' staff and a cook who are brought in for residentials as required. 11 is
expected that the Kilbroney Inlem scheme (begun in 2019 and curtailed due to COVIDI will resume in September 2023.

Kilbroney Centre
IA company Ilmited by guarantee, not having a share capltall
TRUSTEES. ANNUAL REPORT
for Ihe financial year ended 31 March 2023
The Iruslees met several times during the year U￿ng Zoom and in person. and communicated regularly via email to
take decisions as necessary. The Chair, Treasurer and Itkjwn and Dromorel Diocesan Development Officer acted
on behalf of the board as necessary, in consultation with the Centre Manager.
Although revenue has significantly increased, and we have worked hard to maintain gener￿S reserves. the centre
continues to need to obtain support from grant makers and other ssjpporters - both individuals and churches. This is
in line viith the centre's charitable stslus.
The cenlre staff, along with support from volunteers, continued to dev&lop Ihe site considerably includiiig the
development of outdoor spaces at the campfire sites and near to main dinin9 hall.
The centre is in g¢xJd health going forward, remaining financialty viable and operating within its aims and objectlves.
We ¢￿tinUe to be thankful for the SAJPWrt of indiwduals, churches and granl-makers.
Flnanclal Results
Al the end of the finanrjal year the chartty has assets of £371.$50 {2022 - £413.835) and liabiliti8s of £108,69312022
- £129,956). The nel assets ofthe charty have decreased by £121.022).
Re8orv•s Poslllon and Pollcy
We are aiming for a bank b31an¢e which would cover us for 6 months.
We pay cr8dilors soon after the invoice is approved, so keeping short to medium debt to a minimum. Likewise we
encourage timeous settlement of our sales invoicés.
Prlnclpal Rlsks and Uncertalntle•
The Centre is subject lo general Commercial risks as are most businesses. As mosl of our guesls a￿ from voluntary
Christian groups and from schools, we are particularly vulnerable to the finanual circumstances which impact th8S8
user groups. We are especially mindful of the increasing budget squeeze in the education sector which irnpacts sch¢)ol
and some youth programmès. Although most school groups charge pupils to attend residentials, increasing pressure
on sch¢)ol budgets. and present industrial action. may impact the availability of teachers and Ih8refore some of our
schools custom. Despite these risks. we are thankful that 2022123 saw a return lo more 'normal' acts'vilies in the wak8
of several years of COVID relaled dovffltum.
Trustee•
The trustees who served throughoul Ihe financial year. excepl as noted, were as follows..
Rév Adrian Dothan
Rl Rev Darren James Mccartney
Edward Wooll8y
Kenneth John Hooks
Alanah Donaldson
Robert Andrew Brannigan
Dr Ken Roberts
Helga Harris
Matthew Peach
Catroina O'Hanlon
Emma Holby (Appoinled 6 February 2023)
In accordance with the Constitution. the trustees retire by rotation and, being eligible, offer themsefves for re-election.
Complian¢0 wlth Sqctor-wido Lag￿latIon and Standards
The charity engages pro•actively with legislation. standards and c4xles which are developed for the sector. Kilbroney
Centre subscribes lo and is compliant with the following:
The Companies Act 2006
The Charities SORP IFRS 102)
Approved by the Board of Trustees on 10 Novemb•r 2023 and signod on Its behalf by:
Rev Adrian Dorrian
Trustee

Kilbroney Centre
{A company limited by guarantee. not having a sharfr capital)
STATEMENT OF TRUSTEES. RESPONSIBILITIES
for the financial year ended 31 March 2023
The trustees. who are also directors of Kilbroney Centre for the purpjses ofcompany law, are responsibb for preparing
the financial ststernents in accordance with applicable law armd regulations.
Company law requires the trustees as the di￿lOr$ to prepare financial statements for each finanual year. Under that
law the trustees have elected lo prepare the financial statements in accordance with United Kingdom Generally
Accepted Accounting Practice (United Kingdom Accounting Standards and applicable lawl induding FRS102 "The
Financial Reporting Standard applicable in the UK and Republic of Ireland" Under company law the trustees must not
approve the fir¢ancial statements unless they are sabsfied that they give a and fair view of the stste of affairs of the
Charty and of the net income or expenditure of the charity for that peric*J.
In preparing these financial ststements. the trustees are required to:
selecl suitable accounting policies and apply them consistently.,
make judgements and estimates that a￿ reasonable and prudent:
stale whether the financial ststemenls have been prepared in accordance wth the relevant financial ￿porting
framework, identify those standards. and note the effect and the reasons for any material departure from th(
standards,. and
prepare Ihe financial statements on the going cOn￿n basis unless it is inappropriate to presume that the charity
will continue in operation.
The trustees confirm that they have comFAied with Ihe above requirements in preparing the financial ststements.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the
charity's transaction5 and disclose wlh reasonable accuracy at any time the financial posib'on of the charity and enable
them to ensure that the financial Statements comply with the Charities Act (Northern Ir8landl 2008. They are also
responsible for safeguarding the assets of the d￿rity and trEnce for taking reasonable steps for the prevention and
detection of fraud and Other tr￿UlaritieS.
Approved by the Board of Trustees on 10 November 2023 and ¥igned on Its behalf by:
IU .4ar_
Rev Adrian Dorrian
Trustee

Kilbroney Centre
IA company limited by guarantee. not havlng a sharè eapltall
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES
OF KILBRONEY CENTRE
We have examined the financial 5tstements of the charity for the financial year ended 31 March 2023, which comprise
the Statement of Financial Activities lincorForating an Income and Expenditure Account), Ihe Balance Sheet and the
related notes.
This report is made solely lo the charity'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 state those matters that we have
agreed to slate lo them in this report and for no other purpose. To the fullest exlenl permitted by law, we do not accept
or assume responsibility to anyone other than the charity and the charity's members, as a body. for OUT work, or for this
report.
Respecllve responslbilitles of trustees and examiner
The charity's trustees Iwho are also the directors of the company for the purposes of company lawl are responsible for
the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. The
charity'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 èxamination is required.
It Is our resr)onsibility to..
examine the finan¢ial slalements 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{9llb) of the Charilies Act., and
5tat8 whether particular matters have come lo our attention.
Basis of independent examlnerfs report
We have examined your charity financial statements as required under section 65 of Ihe Charities Act and our
examination was carried out in accordance with the general Directions given by the Charity Commission for Northem
Ireland under section 6519}Ibl of the Charities Act. An examination includes a review of the accounting records kept by
the charity and a comparison of the financial slalemenls presented with those records. It also includes consideration
of any unusual items or disclosures in the financial slalements and seeking explanations frorn the tmslees concerning
any such matters. The procedures uridertaken do not provide all the evidence that would be required in an audit and
consequently no opinion is given as lo whether the accounts present a 'true and fair, view and the report is limited to
those matters sel out in the statement below.
In connection with our examination, no matter has come to our attention which gives us ￿use to believe that in. any
material respect..
accounting records were not kept in accordance with section 386 of the Companies Act 2006
the financial statements do nol accord with those accounting records
the financial statements have not been prepared in accordance with the accounting requiremenls of section 396 of
the Companies Act 2006 and with the methods and principles of the Stalemenl of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in
the UK and Republic of Ireland IFRS1021
there is further information needed lor a proper understanding of the accounts to be reached.
Independent examine¢s statement
We have no concerns and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
VMthR
Aidan Malone {FCA)
Malone Accounting
12 New Street
Newry
County Down
BT35 6JD
Date: 10 November 2023

Kilbroney Centre
IA company limited by guarantee, not having a share capital)
STATEMENT OF FINANCIAL ACTIVITIES
Ilncorpofating an Income and Expenditure Accoun¢)
for the financial year ended 31 March 2023
Unrestricted R8strl¢t•d
Funds
Funds
2023
2023
Total Unrestricted Restricled
Funds
Funds
Funds
2023
2022
2022
Total
Funds
2022
Notes
Incoming Rgsourcos
Grants & Donations
Activities for generating
funds
9,326
118.323
9.326
118.323
47.555
48.732
9,554
57,109
48,732
Total incornlng resources
127.649
127,649
96,287
9,554
105.841
Expondlture
Charitable activib'es
148,671
148,671
93,596
9,554
103.150
Net incomingloutgolng
ro8our¢es bofor¢
transfers
{21.022)
121.0221
2.691
2,691
Gross transfers ￿l￿Ve8n
funds
Not mov•menl In funds
for the flnancial year
(21,022)
(21,022)
2,691
2,691
R•con¢lllatlon of funds:
Total funds beginning of the
year
14
293,261
19,382)
283,879
292,078
(10,890)
281,188
Totsl lund8 at th• énd of
tho year
272.239
19,382)
262,857
294.769
110,890)
283,879
The Statement of Fin8nci81 Activities indudes all gains and losses recognised in the financial year.
All income and expenditure relate lo conlinuing activities.
notes ￿ pages 10 to 14 fc*m part of the finaniial statements

Kilbroney Centre
IA company limited by guarnntse, not haviry a share c•pl¢•l)
Company Numt*r: N1606867
BALANCE SHEET
as al 31 Marth 2023
2023
2022
Fixed Assets
Tangible assels
316.200
338,108
Current Assets
Debtors
Cash at bank and in hand
10
17,452
37,898
12,584
63,143
55.350
75,727
Crgditors: Amounts falllng duo wlthin one year
11
{16.139}
17.9021
Net Current Assets
39.211
67.825
Total A¥sets legs Current Liabilities
355,411
405,933
Grants receivable
12
191554)
{122.054)
Totsl Net Assets
262,857
283,879
Funds
Restricted trust funds
General fund (unrestrided)
19.382)
272.239
110,8901
294,769
Total funds
14
262,857
283,879
These finan(ial statements have been prepared in accordance with the special provisions relating to small companies
within Part 15 of the Companies Act 20C6.
For the financtal year ended 31 Marth 2023 the tharty wa5 entitled lo exemption from audit under section 477 of the
Companies Act 20C￿.. and no notice has been deposiled under seclion 476.
The trustees confirm thal the members have not required the ecrfnpany to ckntain an audit of its financial statements for
the financtal year in question in actordance wtlh seth.on 476 ofthe Companies Ad 21XE.
The trustees acknowledge th￿r responsibikbes for ensuring that ￿ tharity keeps accounting records which comply
wtth section 386 and for preparing financial ststements whith give a true and fail v￿W of the stale of affairs of the
charity as at the end of the financial year and of rts profft and loss for the financbal year in accordance with the
requirements of sections 394 and 395 and which othefW5e comply wilh the requirements of the Companies Act 2006
relab'ng to ffinan￿81 state￿nts, so far as ap￿ICable to the ch8nty.
Approved by the Board of Trustees and authorised for issue on 10 November 2023 and signed on its behalf
Rev Adrian Dorrian
Trustee
Th? notes C￿ pag9$ 10 to 14 form part ofthe finanL?al ststefn•n

Kilbroney Centre
IA company limited by guarantee, not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2023
GENERAL INFORMATION
Kilbroney Centre is a company limited by guarantee inLY)rporaled in Northem Ireland. The registered office of
the company is 1 Forestbrook Road, Roslrevor. Newry. BT34 3BT which is also the principal place of business
of the company The financial statements have been presented in Pound Sterling (£1 which is also the functional
currency of ihe company.
SUMMARY OF SIGNIFICANT ACCOUNTING POUCIES
The following accounting wlicies have been applied consistentty in dealing with items which are considered
material in relation lo the charity's financial statements.
Basls of preparatlon
The financial statements have been prepared on the going concem basis under the historical cosl convention.
modified lo indude certain items at fair value. The financial slaternenls have b&en prepared in accordance with
the Statement of Recommended Practice ISORP) "Accounting and Reportin9 by Chanlies preparing their
accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland
FRS 102".
As pemitted by the Companies Act 2006. the charity has varied the standard formats in that acl for the
Statement of Financial Activities and the Balance Sheet. Departures from the standard fonnals are to comply
th the requirements of tha Chanties SORP and are in compliance wrth section 4.7, 10.6 and 15.2 of that
SORP.
Statement of compllance
The financial statements of the charity for thè financial year ended 31 March 2023 have been prepared on th&
going concern basis and in accordance wth the Statement of Recommended Practice ISORPI 'Accounling
and Reporting by Charities preparing their accounts in accGrdance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland FRS 102..
Cash flow slatoment
The charity has availed of the exemption in FRS 102 from the requI￿rnent to produGe a cash flow statemenl
because il is classified as a small charity.
Incomlng Rosources
Voluntary income or capital is included in the Stslement of Financial Activities when the charity is legally enb'lled
to it, ils financ￿1 value can be quantified wilh reasonable certainty and there is reasonable certainty of its
ultimate receipt. Enlillemenl lo legacies is considered established when the ch8rity has been notified of
distribution to be made by the executors. Income received in advan¢8 of due performance under a contract 15
accounted for as deferred income until eamed. Grants for activities are recognised as income when the re181ed
conditions for legal entstlement have been ffet. Al other in￿rne is a￿A)Unted for on an accruals basi5.
Expendlture
All resources expended are accounted for on an accrua￿ ba51$. Charitable aclivities include costs of service$
and grants. support costs and depreciation on related assets. Costs of generating funds similady indude
fundraising aclivilies. Non-staff costs not attributed lo one category of activity are allocated or apportioned pro
rala to the staffing of the relevant service. Finance. HR. IT and adminislralive staff costs are directly attributable
lo individual activities by objective. Goveman¢e costs are those associaled with conslilulional and statutory
requirements.
T•nglble flxed assets and depreclatlon
Tangible fixed assets are slated at cost or at valuation. less accumulated depreciation. The charge lo
depreciation is calculated to write off the original cost or valuation of tangible fixed assels. less their estimated
residual value. over their expecled useful lives as follows:
Buildings
Plant and machinery
Fixtu￿5. fittings and equipment
4Yo Slraighl line
25.10 Slraighl line
10% Straight line
10

Kilbroney Centre
IA company Ilmlted by guarant89. not havlng a sharo ￿p￿trI)
NOTES TO THE FINANCIAL STATEMENTS
continued
for the financial year ended 31 March 2023
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 charity trom government
agenaes and other cfrfvnders. but not yet r￿e1Ved at year end. is included in debtors.
Cash at bank and In hand
Cash at bank and in hand comprises cash on deposit at banks requiring less than Ihree months, notice of
thdrawal.
Taxatlon
No current or deferred taxation arise$ as the charity has been granted charitable exemption. Irrecoverable
valued added lax is expenswj as incurred.
INCOME
GRANTS & DONATIONS
Unrnstrictèd R•strl¢ted
Fund$
Funds
2023
2022
All Churches
Voluntary Donations
Glft Receipts
EducAtion Authority Belfast Region
7,896
4,062
1.825
14.4571
7,896
4,062
1.825
14.457
2,994
2,005
2,205
18.681
Ulster Communty FoUndat￿n
Dept for the Economy Covid 19 Business Support
Grant
Corona Vlws Job Relention Sthe
20,064
10,000
1.160
9.326
9,326
57.109
OTHER TRADING ACTIVITIES
Unrestrlct•d Restrlctod
Funds
Fund•
2023
2022
Income from groups
118.323
118.323
48.732
EXPENDrruRE
CHARITABLE ACTIVITIES
Dlrect
c￿t$
Other
Costs
Support
Costs
2023
2022
Expenditure on Charilable Activits'es
Govemance Costs (Note 4.2)
100,345
2,428
45,898
146,243
2,428
100,418
2.732
102.773
45,898
148.671
103,150
GOVERNANCE COSTS
Direcl
Costs
Other
Costs
Support
Costs
2023
2022
Accountancy Services
2,428
2.428
2.732
11

Kilbroney Centra
IA company limited by guarantee, not having a share capltall
NOTES TO THE FINANCIAL STATEMENTS
continued
for the financial year ended 31 March 2023
ANALYSIS OF SUPPORT COSTS
2023
2022
Heat & Lvjht
Telephone
Maintenance
Insurance
General Office
Rates
14.954
1,777
23.416
2,572
1.314
1,865
6,931
1.512
18,011
852
2,414
1.841
45.898
31,561
NET INCOMING RESOURCES
2023
2022
Net Incomlng R￿OUrceS are Slated after charglng1{crodltlng):
Depreciation of tangibl8 assets
Independent Examinerfs remuneration:
independent examination seThices
Amortisalion of grants receivable
21.908
23,219
2,428
{21.604)
2,732
118,6101
INVESTMENT AND OTHER INCOME
2023
2022
Amortisation of capilal grants received
21,604
18.610
EMPLOYEES AND REMUNERATION
Number of èmployoes
The average number of persons employ&J during the finandal year was as follows:17
2023
Nurn￿r
2022
Number
Pemianent full tln
Part rim
15
17
The staff costs comprise:
2023
2022
Wages and salaries
Pension cosls
74,899
2,017
51,389
1,042
76,916
52,431
There were no employees with ￿￿￿1￿ments above £60.000.
12

Kilbroney Centre
IA company limited by guarantee, not having a share capltall
NOTES TO THE FINANCIAL STATEMENTS
cnntinued
for the financial year ended 31 March 2023
TANGIBLE FIXED ASSETS
Buildings
Planl and
Fixtures,
machinery fittings and
equipmenl
Total
Cost
At 31 March 2023
438.353
3,933
53,673
495.959
Depreciation
At 1 April 2022
Charge for the financial year
122.035
17.534
1.358
34.458
3.694
157,851
21,908
At 31 March 2023
139,569
2.038
38,152
179.759
Net book value
At 31 March 2023
298,784
1.895
15,521
316.200
At 31 March 2022
316,318
2,575
19.215
338.108
10.
DEBTORS
2023
2022
Trade debtors
Prepayments and accrued income
10,903
6,549
9.110
3,474
17.452
12,584
11.
CREDITORS
Amounts falling due wlthln one year
2023
2022
Trade creditors
Taxation and social security costs
Accruals and deferred income:
Pension accrual
Other amals
4,940
6.742
5,607
2.088
207
4,457
16.139
7.902
12.
GRANTS RECEIVABLE
2023
2022
Capltal grants received and receivable
At 1 April 2022
IDecrease}Ilncrease in financial year
180,878
17,896)
179,392
1,486
At 31 March 2023
172.982
180,878
Amortisation
At 1 April 2022
Amortised in fin8ncb31 year
{58.824)
{21.604)
{37,220}
(21,604)
At 31 March 2023
180,428)
158.824)
Net book value
At 31 March 2023
92.554
122,054
At 1 April 2022
122.054
142,172
13

Kilbroney Centre
IA company limited by guarantee, not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
cor,tinued
for the financial yeaf ended 31 Mafch 2023
13.
RESERVES
2023
2022
Al the beginning of the year
{DeficrtySurplus for the financial year
283,879
{21,022)
281.188
2,691
At the end of the year
262,857
283.879
14.
FUNDS
14.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unrestrlcted Restricted
Funds
Funds
Total
Funds
At 1 April 2021
Movement during Ihe financial year
292.078
2.691
(10,890)
281,188
2.691
Al 31 March 2022
Movement during the finanoal year
293,261
(21.022)
(9.382)
283,879
121.0221
At 31 March 2023
272.239
19,3821
262,857
14.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
1 April
2022
Income Expenditure
Transfers
between
funds
Balance
31 Ma￿h
2023
Restricted funds
Restricted
Un￿StrICted funds
Unreslrided
(9.382)
(9.3821
293,261
149.253
170,275
272,239
Total funds
283.879
149.253
170.275
262.857
14.3 ANALYSIS OF NEf ASSETS BY FUND
Fixed
assets
- charlty use
Current
assets
Current Long-tenn
Ilabililies
deferred
incorne
Total
Restrictsd tnjst funds
{9.382)
19,3821
Unrestricted general funds
316.2C
55,350
(16,139)
(83.172)
272,239
316,200
55.350
{16.139)
{92,554)
262,857
15.
STATUS
The charity is limited by guarantee nol having a share capital.
The liability of the members is limited.
Every member of the company undertakes to contribute lo tre assets of the company in the event of its being
wound up while they are members, or within one year thereafter. for the payment of the debts and liabilities of
the company contracted beffo￿ they ceased to be members. and the costs. chaTges and expenses of winding
up, and for the adjustment of the rights ofthe ¢ontributors among Ihemsefves. such amount as may be required,
not exceeding £1.
16.
RELATED PARTY TRANSACTIONS
It is thè policy of Kilbroney Centre that no remuneration is paid to trustees.
The koy management personnel of The Centre comW￿e the trustees and the developmenl Offi￿r. There are
no related party transactions that require disdosure durirvJ the year.
14