K IVIAGILL & COMPANY . Charlty Number: 105244 Killeeshil Community Centre Annual Report and Unaudited Financial Statements for the financlal year ended 31 December 2022 'Accountingforyourfvture" BALLYGAWLEY I DUNGANNON I BELFAST I www.magillaccountants.co.uk CHARTERED ACCOUNTANIS
Killeeshil Community Centre CONTENTS Page Reference and Administrative Information Trustees, Report Statement of Trustees, Responsibilities Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10-11 Supplementary Information relating io the Financial Statements 13
Killeeshil Community Centre REFERENCE AND ADMINISTRATIVE INFORMATION Chairperson Mr. Declan Begley Sècrètary Mrs. Edel Caty Treasurer Mrs Catherine Corrigan Charlty Numbèr In Northern Ireland 105244 PrSnclpal Address 216 DurKJannon Road Dungannon Co Tyrone BT70 1 TH Northern Ireland Indepondent Examln8r K Magill and Company Chartered Accountants 2 Church Street Ballygawley Co. Tyrone BT70 2HB Northern Ireland Banker8 Allied Irish Bank 1&20 Scotch Slraet Dungannon Co Tyrone BT70 1AZ Northem Ireland
Killeeshil Community Centre TRUSTEES. REPORT for the financial year ended 31 December 2022 The Iruslees present their Trustees, Report and the unaudited financial statements for the financial year ended 31 December 2022. The financial stalemenls are prepared in accordan with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounling and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial 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 Slalement of Recommended Practice {SORPI guidelines. The trustees of the charity are also charity Iruslees for the purpose of charity law and under the chanty's constitution are known as members of the board of trustees. In this report the IrLSStees of Killeeshil Community Centre present a summary of its Purpose, governance, aclivilies, achievements and finances foi the financial year ended 31 December 2022. Mission, Obje¢tive8 and Stratogy Mission Ststsment Killeeshil Community Centre Association was established to promote and provide educational, cultural, social and recreational needs for the Killeeshil area and wider area. The objective of the charity is to address the lack of accessible community facilities and services in the area through Ihe maintenance of an appropriate multi-purpose community facility The direct benefit of the charity is providing a cenlral localion for the local community lo come together and assisting in the development of the community and wider community as a whole for present and future generations lo enjoy. This is pnmarily achieved by arranging drama, singing, dancing, job club and exercise classes all in the hope that social inclusion is promoted along with community volunteering. The Association also promoles he811h and well- being e,g. Open Door Club which promoles social inteprfention for elderly people in the area. Killeeshil Community Centre Association works closely with statutory bodies. voluntary and community organisations and local residents in a common effort lo promote citizenship and community development. These benefits are demonstrated through community events such as cycle sportive, tractor Run and Christmas fayre which all provide social inclusion for families within the Killeeshil and surrounding area. Killeeshil Community Centre Association encourages feedback from all users by using evaluations, suggestion box initiatives, website and social media. Information meetings and attendan at annual general meetings are other avenues used lo encourage people lo sit on the committee and participate in workshops in the hope lo gain an insight to what the community rseeds are. The Charity beneficiaries are the people of Killeeshil and Ihe wider area, and its environs of Northem Ireland without distinction of age, gender. disability, sexual orientation, nalionalily. ethnic identity. political or religious opinion, by associating the stalulory authorities. commLtnity and voluntary organisalions and the inhabitants in a common effort to advance crtizenship and community development, with the object to improve the conditions of life for the said inhabitants Structure. Governance and Management Structuro Killeeshil Commuinity Centre is a charity administered and managed in accordance with it's constilution, by the trustees. Financial Review During the year ended 31 December 2022, Killeeshil Community Centre produced a surplus of £2.611 (2021 £5.070) At the end of the financial year Ihe charity has assets of £56,952 12021 £54,341) and liabilities of £0. (2021 £0). The net assets ofthe charity have increased by £2,611. It is the policy of Killeeshil Community Centre to retain a level to Cover any unforeseen expenditure and allow the charity to continue in operation. The trustees do not foresee any financial issues in the foreseeable fulure.
Killeeshil Community Centre TRUSTEES, REPORT for the finanoal year ended 31 December 2022 Compllance with Sector-wide Legislation and Standards The charity engages pro-actively with legislation, standards and codes which are develoFed for the sector. Killeeshil Community Centre subscribes to and is compliant with the following.. The Charities SORP IFRS 1021 Approved by the Board of Trustee8 on 30 June 2023 and signed on Its behalf by.. Mr. Declan 8egley Chalrper80n rs. Catherlno Corrlga Treasurer
Killeeshil Community Centre STATEMENT OF TRUSTEES. RESPONSIBILITIES for the finanaal year ended 310ecember 2022 The trustees are responsible for preparing the finanaal statements in accordan witr) applicable law and regulations. The law applicable to charities in Northern Ireland requires the trustees to prepare financial statements for èach financial year which give a true and fair view of the assets, liabilities and fi'nancial position of the charity as at the financial year end date and of the surplus or defiat of the chanty and otherwise comply with the Charities Act INorthern Ireland) 2008 In preparing these finanoal slalements. the trustees are required lo.. select suitable accounting policies and apply them consistently", observe the methods and principles In the Charities SORP make judgements and estimates that are reasonable and prudent., slate whether the financial slalements have been ppared in accordance wth the relevant financial reporting framework, identify those standards, and note the effect and the reasons for any material departure from those standards, and prepare the financtal slatemenls on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees confirm that they have complied with the above requirements in prepartng the financial stslements. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charrty's transactions and disclose with reasonable accuracy at any lime the finanaal position of the charity and enable them to ensure that the financial slalemenls comply with the Charities Act (Northern Ireland) 2008. They are also responsible for safeguarding the assets of the chanty and hence for taking reasonable steps for the prevention and detection ol fraud and other irregularities Approved by the 8oard of Trusteè• on 30 JU 2023 and slgned on Its behalf by: -/£- r. Declan Begley Chalrperson Mrn. Catherlne Corrlga Treasurèr
Killeeshil Community Centre INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF KILLEESHIL COMMUNITY CENTRE We have examined the financial statements of the charity for the finanaal year ended 31 December 2022, which comprise Ihe Statement of Financial Activities, the Balan Sheet and the related notes. This rerxjrt is made x)lely to the charity's members, as a body, in accordance with the Charities Act (Northem Ireland) 2008. Our work has been undertaken so that we might ¢xJmpile the financial slatemenls Ihal we have been engaged lo compile, report to the Board of Trustees that we have ¢Jone so, and state those matters that we have agreed to state to them in tris report and for no olher purpose. To the fullest extent permitted by law, we do not acpt or assume responsibility to anyone other than the charity and the charity's members, as a boty, for our work. or for this report. Respective responslbllllles of trustees and examiner The chanty's trustees are responsible for the preparation of the financial slalements in accordance wth the rèquirements of the Charities Act (Northern Ireland) 2008 The charity's trustees consider that an audit is not required for this financial year under the Charities Act (Northern Ireland) 2008 and that an independent examinabon is required. It is our responsibility to.. examine the finanaal statements under section 65 of the Charities Act., follow the procedures laid down by the gèneral Directions given by the Charity Commission for Northern Ireland under section 65{9llbl of the Charities Act. and slate whether particular matters have come to our attention. Ba818 of Indepondent examlner'8 report We have examined your charity finanrjal statements as required under seth'on 65 of the Charities Act and our examination was carried out in accordance wlh the general Directions given by the Charity Commission for Northern Ireland under section 651911bl of the Charities Act An examination includes a review of the accounting records kept by the Gharity and a COmparS0n of the finanaal statements presented with those records. It also includes consideration of any unusual items or disdosures in the financial statemènts and sèeking èxplanations from the trustees conceming any such matters. The procedures undertaken do not Pfovide 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 limitèd lo those matters set out in the statement below. In connection wth our examination, no matter has come to our attenb'on which gives us cause to believe that in, any material respect.. accounting COrdS were not kept in accordance with section 63 of the Charities Act the financial statements do not accord with those arxounting records the financial statements have not been prepared in accordance with the Slalement of Recommended Practice applicable to charities preparing their accounts in accofdance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 there is fvrther Information needed for a proper understanding of the accounts lo be reached. Independent examlnerf8 8tstement 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 lo enable a proper understanding of the financial statements to be reached. Kièran Magill c (Econ) ACA FCPA AFTA For and on behalf of K MAGILL AND COMPANY Chartered Accountanls 2 Church Str*t Ballygawley Co Tyrone BT70 2HB Northern Ireland Date: 30 June 2023
Killeeshil Community Centre STATEMENT OF FINANCIAL ACTIVITIES for the finanoal year ended 31 December 2022 Unrestrlcted Rèstricted Funds Funds 2022 2022 Total Unrestricted Restricted Funds Funds 2021 2021 Tolal 2022 2021 Note8 Income Activities for generating funds Investments 22,177 13.254 35.431 15.262 7,353 22,615 14 14 Total Incomlng resources 22,181 13.254 35,436 15,276 7.353 22,829 Expendlturn Raising funds Other expendilu 556 19.014 556 32.268 428 9.778 428 17,131 13,254 7,353 Total Expendlture 19.570 13,254 32,824 10.2C6 7,353 17,559 Net Incomlngloutgolng resources before tran8fer8 Gross transfers belJveen funds 2,611 2.611 5,070 5.070 Net movement In fund8 for the flnanclal year 2.611 2,611 5,070 5,070 Reconclllatlon of funds Balances brought forward al 1 January 2022 54,341 54,341 49,271 49,271 Balances carrled forrd at 31 December 2022 66,952 56,952 54,341 54,341 The Ststement of Finan¢i81 Activities indudes all gains and losses recognised in the financial year. Ail Income and èxpenditure relate to continuing activities. The notes on pages 10 to 11 fom part of the financial slalements
Killeeshil Community Centre BALANCE SHEET as at 31 December 2022 2022 2021 Notes Current Assets Cash at bank and in hand 56,952 54,341 Net Current Assets 56,952 54,341 Total Assets less Current Llabllltles 56,952 54,341 Funds General fvjnd lunrestricted} 56,952 54,341 Total funds 56,952 54,341 Approved by the Board of Truslees and authorl8ed for188ue on 30 June 2023 and Slgned on It8 behalf by r. Declan Beg Chalrpfrrson Mrn. Catherlne Corrlga Treasurer The notes on pages 10 10 11 fomi part of the fin8naal slalements
Killeeshil Community Centre NOTES TO THE FINANCIAL STATEMENTS forlhe finanoal year ended 31 December 2022 GENERAL INFORMATION Killeeshil Community Cenlre is a charity incorporated in Northern Ireland. The registered office of the charity is 216 Dungannon Road. Dungannon, Co Tyrone, BT70 1TH, Northern Ireland which is also the principal place of business of the charity The financial statements have been presented in Pound Sterling {£) vthich is also the functional currency of the charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The followng accountsng poliaes have been applied consislenlly in dealing with items thich are considered material in relation lo the charity's fin8ncial statements. Basis of preparatlon The financial slalements have been prepared on the going ¢oncern basis under Ihe historical cost conventson, m¢xlifi&d to include certain 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 1 A of that Standard. As permitted by the Companies Act 2006. the charity has varied Ihe standard fom)ats in that act for the Statement of Financial ActVitieS and the Balance Sheet. Departures from the standard formals arè to comply with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP, Statement of compllance The financial slalements of the charity for the financial year ended 31 December 2022 have been prepared on the going concern basis and In a¢¢ordance with the Statement of Recommended Practice {SORPI "Accounting and Reportin9 by Charities prèparing their accounts In accordance with the Finanual Reporting Standard applicablè in the UK and Republic of Ireland FRS 102 applying Section 1A of that Standard. Income Voluntary income or pital is induded in the Statement of Financial Activities when the charity is legally entitled to it, its finanrJ81 value can be quantified wth reasonable certainty and there is reasonable certainty of its ultimate receipt. Grants for activities are recognised as income when the related conditions for legal entillemenl have been mel. All other income is accounted for on 8n accruals basis. ExpendSture All resources exFended ar6 accounted for on an accruals basis. Charitable activitiés include costs of servic8S and grants, support costs and depre¢¢alion on related assets. Costs of generating funds similarly include fundraising aclivibes.Governance costs are those associated with constitutional and slalulory requirements. Cash al bank and In hand Cash at bank and in hand comprises cash on deposit at banks requiring lèss than three months notice of withdrawal. INCOME OTHER TRADING ACTIVITIES Unrestrlcted Restrlcted Fund$ Fund• 2022 2021 Fundraising Grants 21,S77 600 21,577 13,854 15,262 7,353 13,254 22.177 13,254 35,431 22,615 INVESTMENTS Unrestricted Restricted Funds Funds 2022 2021 Inveslmenl income 14 10
Killeeshil Community Centre NOTES TO THE FINANCIAL STATEMENTS conbnued for the finanaal year ended 31 Oecember 2022 EXPENDITURE RAISING FUNDS Direct Costs Other cts Support C08ts 2022 2021 Raising funds 556 556 428 OTHER EXPENDITURE Direct Costs Other Costs Support Costs 2022 2021 Administrative expenses 32.268 32.268 17,131 INVESTMENT AND OTHER INCOME 2022 2021 Bank interest 14 RESERVES 2022 2021 At 1 January 2022 Surplus for the financial year 54,341 2.611 49,271 5,070 At 31 December 2022 56.952 54,341 POST-BALANCE SHEET EVENTS There have been no Significant events affecting the charity since the financial year-end. 11
KILLEESHIL COMMUNITY CENTRE SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 12
Killeeshil Community Centre SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS Operating Statement for the finanoal year ended 31 December 2022 2022 2021 Income Killeeshil run and walk Killeeshil cyde Tractor run Christmas craft fayre Marie Curie Dawn Walk Mid Ulster District Council grants Community Foundation grant DAERA grant Covid Reopening grant Hall rental 4,363 935 3,561 1,023 1,109 3,532 5,914 3,550 1,290 2,500 12.017 1,522 2,357 4,703 2,650 5,620 35.431 22,615 Cost of generatlng funds Killeeshil cycle Tractor run 60 428 556 428 Gro88 sufpiu8 34,875 22,187 Expense8 Festive lights Water rates Insuran Light and heat Caretaker Repairs and maintenance Equipment Workshops Printing, postsge and slats'onery Bank charges General expenses Charitable donations 2,414 264 2,384 5,926 5,196 1.601 6,572 2,276 240 281 75 5,040 1,303 148 2,384 2,105 3,251 1,804 2,786 264 248 481 2.357 32,268 17,131 M18cellaneou8 Incomo Bank interest 14 Net 8urplu8 2,611 5,070 The Supernentary infomiation does not form part of the finanaal statements 13