K MAGILL & COMPANY ( },' iii I i. 111. i).,ic'c'(Ji Chari Number: 105244 Killeeshil Communit Centre Annual Re ort and Unaudlted Flnanclal Ststements for tho financlal oar ended 31 Docember 2023 'Accountingfor yourfvture" CHARTERED ' ACCOUNTANTS IRELAND BALLYGAWLEY I DUNGANNON I BELFAST I www.magillaccountants.co.uk
Killeeshil Community Centro CONTENTS Pag• Reference and Administrative Information Trustee's Report Statement of Trustee's Responsibilities Independent Examiners Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10-11 Supplementary Information relating to the Financial Statements 12-13
Killeeshil Community Centre REFERENCE AND ADMINISTRATIVE INFORMATION Ch•lrper¥on Mr. Dedan Begley S•cr•t•ry Mrs. Edel Carthy Tr•••ur•r Mrs. Catherine Corrigan Chaflty Numlxr In North•m Ir•l•nd 105244 Prlnclp•l Addr••• 216 Dungannon Road Dungannon Co Tyrone BT70 1TH Northem Ireland Indopondont Examln•r K Magill and Company Chartered Accountants 2 Church Street 8allygabeY Co. Tyrone 8T70 2HB Northern Ireland Bank•r• Alliedlrish Bank 18-20 Scotch Street Dungannon Co Tyrone BT70 1AZ Northem Ireland
Killeeshil Community Centre TRUSTEE'S REPORT for the finanual year end8d 3108cernber 2023 The trustee presents their Trustee's Report and the unaudited finanaal statements for the finanaal year ended 31 December 2023. The financial sLements are Prepared in accordance with FRS 102 Yhe Finanrial Reporting Standard applicable in the UK and Republic of Ireland. and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their finanual statements in accordance the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Trustee'8 Report contains the infomation required to be provided in the Tru8tee'8 Annual Report under the Statement of Recommended Practice (SORPI guidelines The trustee of the charity are also thanty truste88 for the purpose of charity law and under the charity's constitutson are known as members of the board of trustees. In this report the trustee of Killeeshil Community Centr8 pr88ent a summary of It8 purp080, governance. activitl88, achievements and finances for the finanual year ended 310ecember 2023. Ml•slon, ObJKtlv•• and Stratsgy Ml••ion Stst•m•nt Killeeshil Community Centre Association was established to promote and provide educational, cultural. $orial and recreational needs lor the Killeeshil area and wider area. The objective of the charity 18 10 8ddres8 the lack of accessible community facilitios and 80f4llC88 in tha araa through the maintenance of an appropriate multi-purpose Gommunity farylity The direct benefit ol the charity 18 providing a central location for the local community to come together and a8818ting in the development of the Gommunity and wider community as a whole for present and future generation8 to enjoy. This is pnmarily achieved by arranging drama. singing, dancing, job Club and oxero88 cl88885 all in the hopo that sorial inclusion is promoted along with community volunteering. The A88ooation al80 promotes health and well- being e g Open Door Club which promote8 social int8rvention for elderly people in the area. Killeeshil Community CentT8 A880ciation works d088ly wrttt 8tatutory bodie$, voluntsry and community organis8tion8 and local residents in a mmOn effort to promote cibzenship and communty development. These benefits are demonstrated through community events such as cyde Sportive, tractor Run and Chri8tma8 fayre whsch all provlde Social indusion lor famili88 Wlthin the Killeeshil and surrounding aroa. Killeeshil Community Centre Associalion encourages feedback from all u8ers by using evaluations, suggestion box initialive8, vMb6ite and soual media. Information meetings and ottendance al annual general meets'ngs are other avenues used to encourage people to sit on the committee and partiapate in w0$hop$ ID the hope to gain an insight to what the community ne•d8 are. The charity beneffiaaries are the peoplo of Kill8e8hil and the wder area, and It8 •nviron• of Northem Ireland without distinction of age, gender, disability, sexual onentation. nationality. ethnic identity, politscal or religious opinion, by a88ocialing the statutory authoritie8. community and voluntsry organi8ation8 and the inhabitants in a common effort to advance utiienship and community development, ith the object to improve the condition8 of life for the said inhabitant8 Structur•, Gov•mance and Management Structure Killeeshil Commuinity Centre is a charity administered and managed in accordance vith irs constilution, by the tru8t88s. Fln•ncl•l Revlew During the year ended 31 Oecember 2023, Killeeshil Community Centre produced a surplu3 01 £4,445 (2022 £2,611). At the end of the financial year the charity has assets of £61,397 (2022 _ £56,952) and liabilities of £0 (2022 £0) The net assels of the charity have increased by £4,445. It is the polioi of Killeeshil Community Centre to retain a level to cover any unforeseen expenditure and allow the charity to continue in operats'on. The trustees do not ftjresee any financial issues in the foreseeable fvture.
Killeeshil Community Centre TRUSTEE'S REPORT for the financial year ended 31 December 2023 Compliance wlth Sector-wlde Leg181ation and Standards The charity engages pro-actively with legislation, standards and codes which are developed for the sector. Ki118eshil Community Centre subscribes to and is compliant with the followin9.' The Chariti88 SORP (FRS 102) Approv•d by th• Board of Tru•tse• on 24 O¢tob•r 2024 and •lgn•d on It• b•half by: Mr. Declan Begl•y Chalrp•rnon Mr•. Cathorlne Corrlg Tr•a•ur•r
Killeeshil Community C8ntrè STATEMENT OF TRUSTEE'S RESPONSIBILITIES for the finanaal year ended 31 December 2023 The trust88 is responsible ft)r preparing the fjnancial ststements in accordance with applicable law and regulations. The law applicable to charities in Northern Ireland requires th8 trustee to prepare financial statement8 for each flnancial year which give a true and fair view of the assets, liabilities and financial posits'on of Ihe charity as at the financtal year end date and of the surplus or deficit of the charity and otherwise comply with the Charities Act (Northem Ireland) 2008. In preparing these finanoal statements, the Iru8t88 is required to.. select surtable accounting policie8 and apply them consi8t8ntly,' observe the methods and prineiples in Ihe Chariti88 SORP make judgements and estimales that are reasonable and prudent., Slate vthether the financial statements have been prepared in awA)rdance with the relevant finanoal reporting framework. identify those standards, and note the éffect and the tea80n8 for any material departure from th08e Standards,. and prepare the finanoal 8tatem8nts on the going concern ba818 unle88 It 18 inappropriate to pre8umè that the tharlty 11 continue in operation. The tru8tee confim8 that they have complied wrth the above requirem8nl8 in prepanng the ffinancial 8tstem8nt8. The trustee 18 responsible for keeping adequate accounting records that are sufficient to show 8nd explain th8 chaws tran88Ctions and disdose wrth reasonable accuracy at any time the financial positson of the charity and enable them to ensure thal the financial statements comply with the Charities Act {Northem Ireland) 2008. They are also responsible for safeguarding the as8ets of the charity and hence for tsking reasonable steps for tha prevention and detection of fraud and other irregulaflties. Approv•d by th• 8o•rd of Tru•t••• on 24 Oetob•r 2024 and •lgn•d on It• b•half by: r. D•clan 8egl•y Ch•lrp•r•on Mrn. Cath•rln• Corrlg•n Tr•••ur•r
Killeeshil Community Centre INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF KILLEESHIL COMMUNITY CENTRE Vle have examined the financial 5tatefflents of the charity for the financial year ended 31 December 2023. which comprise the Statement of Finanaal Activities. the Balance Sheel and the related notes. This report is made solely to the charity's member8, as a body, in accordance with the Charities Act (Northem Ireland) 2008. Our work has been undertaken so that V might compile the financial statements that have been engaged to cornpile, report to the Board of Trustees that we have done s0, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent pennitted by law, we do not accept or assume re8pon8ibility to anyone other than the tharity and the chanty8 member8, a8 a body. for our Work, or for this report. Rospoctlve rn8pon8lbllltle8 of tru8tse and examln•r The charity's trustee8 are responsible for the preparabon of the ffinanaal statement8 in accordance with the requir8ment8 of the Chanties Act (Northem Irelond) 2008 The charity'8 trust88 ¢on8ider that an audit is not required for this ffinanaal year under the Charities Act (Northem Ireland) 2008 and that an independent examination 18 required. It is our responsibility to.. examine the financial 8tatement8 under 88ction 65 of the Charitie8 Act: follow the procedures laid down by the general Direction8 given by thé Charity Commi88ion for Northem Iroland under Section 65(9)(b) of the Charities Act., and 81ate whether particular matter8 have come to our attentlon. Ba•1• ol Ind•p•nd•nt •xamln•rf• report We have examined your charity finanual statements a8 rnquired urKler tiOn 85 of the Ch8rltle8 Act and our examination wa8 camed out in accordance with the general Oirection8 given by the Charity Commi88ion for Northem Ireland under sectr'on 65(9)(b) of the Charities Act. An examination includes a review of the accounting records k8pt by lh8 charity and a companson of Ihe financial 8tatement8 presented with th088 records. It a180 include8 consideration of any unusual it8m8 or di8d08ures in the finanoal ststements and seeking explanalions from the trustee conceming any such matters. The procedure8 undertaken do not provide all the evidence Ihat would be required in an oudil and consequenlly no opinion 18 given as to whether the accounts present a 'tnJe and fai¢ view and the report 18 limited lo those matter8 Set out in the Stslement below. In connection with our examination. no matter ha8 rne to our attents'on which giv88 us cause to bolieve that in, any matenal re8P8Ct'. accounting record8 V*ere not kept in accordance with section 83 of the Charits'e8 Act the financial statements do not accord with those accounting record8 the finJnGial 3tstement3 have not been prepared in accA)rdanGe wilh the Statement ol Recofflmended Practlce applicable to charities preparing their account8 in aOrdarKe with the FinancAal Reporting Standard applicable in the UK and Republic of Ireland {FRS1021 there is further infonn8tion needed for a proper understanding of the ac(x)unts to be reathed. Ind•p•nd•nt •xamln•f• stat•m•nt We have no ¢xncem8 and have come acr088 no other matters in connection with the examination to which attention Should be drawn in thi8 report in order to able a proper under8tsnding of the ffinancial 8tatem•nts to be reached. Kloran Maglll Bsc I For and on behalf of K MAGILL AND COMPANY Chartered Accounlants 2 Church Street Ballygawley Co Tyrone 8T70 2HB Northem Ireland onl ACA FCPA AFTA Date: 24 Octob•r 2024
Killeeshil Community Centre STATEMENT OF FINANCIAL ACTIVITIES lor the finanaal year ended 31 December 2023 Unrnstrlct•d R08tr1cted Funds Funds 2023 2023 Total Unrestricted Restricted Funds Funds 2022 2022 Total 2023 2022 Note• Income Activities for generating funds Investments 22,134 8,113 30,247 22,177 13,254 35,431 125 125 Total Incomlnq r••ourc 22,259 8,113 30,372 22,181 13,254 35,435 Exp•ndlturn Raising Funds 1,509 1,509 556 Other expenditure 16.305 8,113 24,418 19,570 13,254 32,824 N•t Incomlngloutgolng r•80urco8 b•for• tr•n•f•r• Gross transfern between funds 4,445 2,811 2,611 N•t rnov•m•nt In fund• for th• flnanclal y•ar 4.445 4,445 2,611 2,611 Roconclllatlon ol fund• Balances brought forward at 1 January 2023 56,962 56.952 54,341 54,341 8alance• carrlod forward at 31 Damb•r 2023 61,397 61,397 56,952 56,952 The Statement of Financial Activitses Includ85 all gains and108se8 recogni80d in the ffinancaal year. All income and expenditure relate to continuing activities. The nolas on pages 10 to 11 fom) part of the ffin¥n(>al statements
Killeeshil Community Centre BALANCE SHEET as al 31 December 2023 2023 2022 Nots• Curr•nt A88•ts Cash at bank and in hand 61.397 56.952 N•t Currnnt A•••ts 61.397 58,952 Total As•ets l•u Curr•nt Llabllltl 61.397 56,952 Fund• General fund (unrestricted) 61.397 56.952 Total fund• 61,397 56,952 Approv•d by th• 8o•rd of Trn•t•M and authorl••d for IMu• on 24 0 r 2024 •nd •lgn•d on It• b•h•lf by r. Doclan B•gl•y Chalrperson Mr•. Cath•rln• Corrlgan Troa•uror The notes on pages 1010 11 form part of the finanual statements
Killeeshil Community Centre NOTES TO THE FINANCIAL STATEMENTS for the finanaal year ended 31 December 2023 GENERAL INFORMATION Killeeshil Communty Centre is a charity incorporated in Northem Ireland. Th8 registered office of the charity 18 216 Dungannon Road, Dungannon, Co Tyrone. BT70 1TH, Northem Ireland whith is also the principal place of business of the charity The finanrial statements have been presenled in Pound Sterling {£) which is also the functional currency of the tharity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The followng accounting poliaes have been applied consi8tentty in dealing with items vknich are considered material in relation to the chanty's finanry'al 8tstements. 818 ol prnparntlon The finanual statements have been prepared on the going cone*m ba818 under the historical ¢08t convention. modified to indude certain ilems at fair value. The finanoal statements have been prepared in accordance with the Statement of Recommended Practice {SORP) "Accounting and Reporting by Charities prepanng their accounts in accordance Vth the Finanaal Reporting Standard applicable in the UK and Republic of Ireland FRS 102. applying S8Ction 1A of that Standard. As p8mitted by the Companies Act 2008, the charity has varied the standard formats in that act for the Statement of Financial Activities and the Balance Sheet. Departur88 from the Standard fomiats ar8 to comply with the requir8m8nt8 of the Charitie8 SORP and arn In c4)fflpliance wth wtion 4.7, 10.8 and 15.2 of that SORP. Statem•nt of compllanc• The financial statements of the charity for the finanaal y88r ended 31 D•combor 2023 have been prepared on the going concem basis and in accordance with the Statement of Remmended Pradice ISORP) 'Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Rèpublic of Ireland FRS 102., applying Section 1A of that Standard. Incorn• Voluntary incomo or capital 18 induded in the Statement of Financial Activities whèn the charlty is legally entitled to il. its financial value can be quantified with rea80nable certainty and there is reasonabl8 Certainty of its ultimate roceipt. Grants for activities are recognised a8 income when the related ¢dItiOn8 for l•gal entitlement have been met. Al other ino)me is accounted for on an 8GW81$ basi8. Exp•ndltur• All re8ource8 expended are accounted for on an accruals basis. Charitable actNltie8 indude costs of servlces and grants, support costs and deprerjalion on rnlaled assets. Costs of generating funds Similarly include fvndraising activit108.Govemance co8t8 are th080 a88oeial•d wth constitutional and Statutory requirom•nt8. Ca•h at bank and In hand Cash at bank and in hand compri8e8 (ash on deposlt at banks requiring le88 than three month8 notlce of withdrawal. INCOME OTHER TRADING ACTIVITIES Unrn8tricted R•8trlcted Fund• Funds 2023 2022 Fundraising Granls 22,134 22,134 8,113 21,577 13.854 8,113 22,134 8.113 30.247 35,431 INVESTMENTS Unre8trlct•d Rutrlcted Fund• Fund• 2023 2022 Investment income 125 125 10
Ki118eshil Community Contre NOTES TO THE FINANCIAL STATEMENTS continued for the finanual year ended 31 December 2023 EXPENDITURE RAISING FUNDS Dlroct Co•ts Oth•r Co8t• Support Co•t• 2023 2022 Raising fund8 1.509 1,509 556 OTHER EXPENDITURE Dlr•ct Co•ts Oth•r Co•ts Support Co•ts 2023 2022 Admin 24,418 24,418 32.268 INVESTMENT AND OTHER INCOME 2023 2022 88nk interest 125 ReseRVES 2023 2022 At 1 January 2023 Surplus for the finanaal year 56.952 54,341 2.611 At 31 December 2023 61,397 56,952 POST-BALANCE SHEET EVENTS There have been no signific8nt event8 affectlng the Chadty slnc• the flnandal year-end. 11
KILLEESHIL COMMUNITY CENTR PPLEMENTARY INFORMATI RELATIN THE FINANCIAL TATEMENT R THE FINANCIAL YEAR ENDED CEM8 12
Killeeshil Community Centre SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS Operating Statement for the financial year ended 31 December 2023 2023 2022 Income Colour Nn Killeeshil cycl8 Tractor run Chnstmas craft fayre Santa Magical evenl Mane Curie Dawn Walk Mid Ulster Di8triLt Council grants Community Foundation grant DAERA grant Covid reopening grant Hall r8ntal 4,930 935 3,581 1.023 3,114 1,064 1,274 1,109 3,532 5,914 3,550 1,290 2.500 12,017 4,000 2.615 1.498 11,762 30,247 35,431 Co•1 of g•n•rntlng fund• Colour run Killee$hil cyde Tractor run 810 80 699 1.509 556 Gro•• •urplu• 28,738 34,875 Expfjn• Festive lights Water rate8 Insuran Light and heat Caretaker Repairs and maintenance Equipment INorkshops Printing. p03tage and Btationery Bank charges General expenses Chantable donation8 1,621 2,414 2,483 4,823 5,196 5,294 1,800 739 250 238 200 1,774 5,925 5,198 1,801 8,572 2,276 240 281 75 24,418 32.268 Ml•cell•noou• Incom• Bank intere8t 125 N•t •urplu• 4,445 2.811 The supplementary infomiation does not fonn part of the financial stat8ment6 13