REGISTERED CHARITY NUM8ER- 105350 Re rt of rhe TnJsree5 and Unaudited Financial Statements for the Year Endèd .41 MArch ?023 for Lislea Communitv A55ociation 5t07 8t09 Lislea Communi Association Re ort of the Trustees for the Year Ended 31 March 2023 Thetrustees present theirreportwiththefinanctal statementsof thecharityfortheyearended 31 March 2023.Thetrustees have adopted the ptovisions of the Statement of Recommended Prattice{50API'Accounti￿ and Reporting by Charities, issued in Marc h 2005. REFERENCE ANO ADMINISTRATIVE DETAILS Registered Charity number 105350 Principal address 111 Ballyards Road Armagh Co. Armagh BT60 31H Trustees Sean Gordon Sheila Mccreesh Paul Gordon Kenneth johnston Bernie McKinney Gèbriel McGuigan MaLtra Murphv Kathleen Duffv Sheila M£Auley Geraldine Hughes Berni McAnall2n Betty McGurgan Mary Murphy Independent examiner O'connor & Co Accovntants u￿1 49 Keady Road Armagh Co. Armagh BT60 3NW STRucfuRE, GOVERNANCE AND MANAGEMENT Go¥ernln8 document The charity Is controlled by Its gu4erning document. 3 deed of trust. and constltutes an unlncorporated charity- Rlsk management The trustees havea dutytoidentify and reviewtherisks towhich thecharity i5exposed and to ensureapproprlate controls are in place to provld• reasonable assurance aealnst frnud and error. Approved by order of the board of trustees on 29 June 2023 and signed on Its behalf by.. Sean Gordon- Chairperson Pa8e I Inde ndent Examiner's Re ort to th Trustees of Lislea Communi A5SOCiatlon I report on the accounts for the year ended 31 March 2023, vthith are set out on pages three to seven. Responsibilit4e5 and basis of report As the charity's trustees you a￿ responsible for the prepar*lon of the accounts in accordance with the requirements of the Charities Act 20111.the Act'l. I have examined your charity'5 accounts as required under Section 145 of the Charities Act 20111.the Act'l. In Carrying out my examination I have followcd the Dtr¢rtion5 given by the Chaiily CoFntni551on under 5eciion 1451Sllbl of the 2011 Act. My role is to State whether any material matters have come to my attention givill8 me cause to believe: that accountin8 ￿CordS were not kvpl 115 requlred byseaion 130 of the Art- or that the a¢¢ounts do not occvrd wrth those records. or that the accounts do not comply wtth the accounting requirement5 of the Act-or tl)dl there i5ftFrrher information needed tor a propel understsnding of the accounts. Independent examiner's statement I havo tompleted my examination and have wiv Eoncerns In respea of the matters111 to141 listed above and. in connection with followin8 the Direct¢ons of the Charity Coni¥Tii55iQn I have found no matters that require drawing to your attention. O'connor & Co A£iuutbtsnt5 Unit I 49 Keady Road Arrnagh BT60 3NW 29June 2023 Page 2 Llslea Communl Asso¢latlon tatemen of Financlal Activitles for ihe Yeaf Ended 31 March 2023 31.3.23 Unrp£irTCted fund INCOMING RESOURCES Notes Intomin8 vÉsources from Éenerated fund5 PHA Short Term Activitie5 for generating lunds AQBC Borough Council FAP Grant Developing Healthy Communities Oonations Ulster Comrnunny Grani 949 4850 3339 2512 250 4626 Total incomtng resources 16526.00 RESOURCES EXPENDED Costs of generatingfunds Costs ol generating voluntary income Charitable activities Donations Governance costs Other resources expended 2329 970 8969 12268 Total resources ewded Nrr INCOMING RESOURCES 4258 RECONCILIATION OF FUNDS Total funds brouÉht forward 37103 TOTAL FUNDS CARRIED FORWARD 41361 Thè notes forni part Cthf thesé fin3n¢131 statements Pa8e 3 31-03-2023 314)3-2022 Note5 FIXED ASSETS Tangible assets 13,038 14,253 CURRENT ASSETS Debtors 17.000 17,000 Cash at bank 12,073 11,226 29,073 28,226 CREDITORS Amounts falling due within one year NET CURRENT ASSETS -750 -5.376 28,323 22.850 TOTAL ASSETS LESS CURRENT LIABIUTIES 41,361 37.103 ASSETS FUNDS Unrestricted funds 41.361 37.103 TOTAL FUNDS 41.361 37,103 The financial ststements were approved by the Board of Tnjstees ?9 lune 20?3 and were si8n*d on its behalf by-. Sean Gordon-chairperson Kathleen Duffy- Treasurer ThÈ notès form part of theo financial statèrnents Pa8e 4 ACCOUKfiNG POLICIES Atcountln6 ¢oriveiition The financial statements have been prepared under the historical c05t convention. and in accordance with the Financial Reporting Standard for Smaller Entities leffective Apfil 2￿81, the Charities Art 2011 and the requirements ofthe Staternent of Recommended Practice. Accounting and Reporting ￿ Charities. Incomin8 resources All incoming resources are intluded on the Statement of Financial Activlties when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. R¢sourcE5 expended Expenditure is accounted for on an accruals basisand has been classified under headingsthat aggregate all cost related to thecategory. Wherecostscannotbedirertlyattributedtoparticularheadlngstheyhavebeen allocated toactivitieson a basis consistent with the use of ￿sOUrces. T•niible fixed a55et5 Oepreciation is provided at the following annual rdtes in order to write off each a&set over its estimated useful lrfe. Fixture5 & Fittings 2IYA Redutin8 Balance Taxati rhe charity is exempt from tsx on its charitsble activities. Fund accountin£ Unfestrirted funds can be used in accordance with the charitable objectives at the distretion of the trustee5. ftestricted funds only be used for p8rticu13r restricted purFKises ￿thin the objects of the charity. Rpstrirtions arise when spccrfied by the donor 01 when fvnds are raised for particular restrirted purposes. Further explanation of the nature and purpose of each fund isincluded in the notes tothe financial statements. Hire purchase and leasing commitments Rentsls paid under opcrating leases are chargEd iDthe Ststemenrof Financial Activities on a strdight line basis over the period of the lease. ACllVITIES FOR GENERATING FUNDS 31103123 Grants Donation Grnnts Monthly Draw ACBC Borough Council FAP Grant Actwities for 8cncrnt¥ng funds 250 8087 2155 3339 2695 16526 INVESTMENT INCOME 31103123 Renr5 recelved Bank interest received TRUSTEES, REMUNERATION AND BENEFITS The￿ were no trustees. rernuneration of other beneflts for the year ended 31 March 2023 nor for the Year ended 31 March 2022. Trustees. expenses There were no tcvstee5' expenses paid for the year ended 31 March 2023 nor for tlie yeai Ended 31 March 2022. Page S TANGIBLE FIXÉD ASSETS Freehold property Fixtures and rilling5 cosr Additjons 8,184 6068 DEPRECIATION Charge foi year -1214 NET BOOK VAWE Al 31 March 2023 8.184 4854 At 31 Marth 2022 8.184 6068 OEBTQRS.'AMOUNTS FALLING OUE wfTHIN ONE YEAR 31103123 Other debtors 17,000 CREDITORSAMOUNTS FALLNG DUE WITHIN ONE YEAR 31103123 Other creditors 750 MOVEMEfrrriNFUNDS Net movement in funds At 1.4.22 Unrestricted funds General fund 37103 4258 TOTAL FUNDS 37103 425S Jl" Nlarch 2023 3111 I(*T¢h 2027 Voluntary income Donations Monihly Draw Grants 250 2,155 11.076 4,340 5.701 13,481 iO.U41 Activitres for generatln8 funds Fundraising events Spon30rships 3045 3755 In¥estment income Rents received Toial in£ominE resources 16.526 13,799 RESOURCES EXPENDED Costs of generating voluntary income Advertising Draw Prizes Com5umèbles Refre5hrncnts Coaches and Leaders nirprt r_nsts Licences JndriÈs 1,560 1,560 769 3.123 986 2,995 283 5.452 6504 Cbarlrable artlvitie5 Donations Governance costs Legal & Profession31 Fees Acr.DkJntkncy 970 2.470 750 Support costs Finance ank charges Fixtures and fittings 56 56 58 Informatlon Technology Compuier Costs Othef Rent Rate5 and water Insurance Carried lorward 350 75 583 3SO 69 631 1.050 Il¥lll Oih•r I,(ff I,All 1,171 70 Is 1,214 99 rf2110 Ti)l•l r•bUUl¢•b •MS101)Ilpd 11,268 11,083 N•t Surplui 2,716 Paa• 9