REGISTERED CHARITY NUMBER: 105350
Re
ort of the Trustees and
Unaudited Financial Slatements for ihe Year
Ended 31 March 2024
for
slea Communitv Association

Lislea Commun
Asso¢iatlon
Contents of the Financial Statemer
for the Year Ended 31 March 2024
Page
Report of the Trustees
Independent Examinerfs Report
Statement of Financial ActNfties
Balance Sheet
Notes to the Financial Ststements
5t06
Detsiled Ststement of Financial Activitie5
7t08

Llslea Commun
Re
ort of the Trustees
for the Year Ended 31 March 2024
The trustees preser¢ttheirreportwith thefinancial statementsof the charity fortheyearended 31 March 2024.Thetrustees have
adopted the provisions of the Statement of Recommended Practice ISORPI 'Accounting and Reporting by Charities, issued in March
21J)5.
REFERENCE AND ADMINISTrAnvE D￿AlLs
Registered Charity number
105350
Prlncipal address
112 Ballyards Road
Armagh
Co. Armagh
BT60 3JH
Trustees
Sean Gordon
Sheila Mccreesh
Paul Gordon
Kenneth Johnston
8ernie McKinnev
Gabriel McGuigan
Maura Murphy
Kathleen Duffii
Sheila McAiJley
Geraldine Hughes
Berni M(Anallen
Betty McGurgan
Mary Murphy
Pai Mcmahon
Independent examiner
O'connor & Co Accountants
Lklt i
49 Keady Road
Armagh
Co. Armagh
BT60 3NW
STRucfuRE. GOVERNANCE AND MANAGEMENT
Governing document
The charity 15 controlled by its governing document. a deed of tnjst. and constitutes an unincory)orated charity.
Risk m•nazement
Thetrustees have a duty to idelltify and review the risksto which thecharity isexposed and toensure appropriate controls are in
place to provide reasonable assurance against fraud and error.
Approved by order of the board of trustees on 19 August 2024 and signed on its behalf by:
Sean Gordon- Chairperson
Page I

In
nd nt Examlner's R
Lisl Comm
the T stees of
I report on the accounts for the year ended 31 March 2024. which are set out on pages three to seven.
Re5wnSlbilit￿s and basls of report
As the charity's trustees you are ￿spOnsible for the preparation of the accounts in accordance with the requirements of the
Charities Art 20111'the Act'l.
I have examined your charity's accounts as Tequired under section 145 of the Chartties Act 20111'the Act'l. In carrying out my
examination I have followed the Dirertions given by the Charity Commi55ion under section 14515llbl of the 2011 Act.
My role 15 to stste whether any material matter5 have come to my attention giving me cause to believe:
that accounting records were not kept a5 required by Section 130 ofthe Att,. or
that the accounts do not accord with those records- or
that the accounts do not Comp￿ wtth the accounting requirements of the Att-or
4. thatthere is further information needed for a proper understanding of the accounts.
Independent examlnerfs s¢atempnt
I have completed my examination and have no concems in respect of the matters111 to (41 listed above and. in connection with
following the Dirertions of the Charity ComMiss￿n I h￿e found no matters that ￿qUIre drawing to your attention.
O'connor & Co Accountsnts
Unit I
49 Keady Road
Armagh
BT60 3NW
19 Au8U5t 2024
Page 2

Uslea Commun
ststement of Financial Artivitie
lor the Year Ended 31 March 2024
31.3.24
Unre5tritted
fund
Notes
INCOMING RESOURCES
Incoming restyJrces frorn 8enerated funds
Pride of Place Awards
Actfvities for generating funds
Armagh City, Banbridge & Craigavon Borough
Council FAP Grant
PHA Clear Small Grants
Donations
430
7,430
3,074
2.684
2,638
Totsl incomrng resources
16,256
RESOURCES EXPENDED
Costs of 8eneratln8 funds
Costs of generating voluntsry income
Charitsble actrvitie5
Donations
8.769
Governance costs
Other resources expended
750
6455
15,973
Totsl resources expended
NET IP4COMING RESOURCES
282
RECONCILIATION OF FUNDS
Totsl funds brought forward
41,361
TOTAL FUNOS CARRIED FORWARD
41,642
TFE notes form part of these financial statements
Page 3

Llslea Commun"
Balance Sheet
At 31 March 2024
31-03-2024
31￿3-2023
Notes
FIXED ASSErs
Tangible assets
12,067
13,038
CURRENT ASSEfs
Debtors
17,0(K)
17,0(M)
Cash at bank
13.325
12,073
30,325
29,073
CREDITORS
Amounts falling due within one year
NEf CURRENT ASSETS
-750
-750
29.575
28.323
TOTAL ASSETS LESS CURRENT LIABIUTIES
41,642
41,361
NEf ASSETS
FUNDS
Unrestrirted funds
41,642
41,361
TOTAL FUNDS
41,642
41,361
The flnanclal statements were approved by the Board of Trustees on 29 June 2023 and were signed on Its beha￿ by:
Sean Gordon -chairperson
Kathleen Duffy- Treasurer
The notes fomi part of these financial statements
Page 4

ACCOUNTING pouaES
Accounting Ca￿entiOn
The financial statements have been prepared under the historical cost convention, and in accordance with the
Financial Reporting Standard forsmaller Entities leffettive April 20081. the Charities Act 2011 and the requirements
of the Statement of Recommended Prartice, Accounting and Reporting bycharities.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled
to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggre8ate all cost
related to thecate80ry. Wherecostscannotbedirertlyattributedto particular headingstheyhave been allocated
toactivitieson a basis consistent with the use of resources.
Tanglble Ilxed assets
Depreciation is provided at the following annual rates in order to write off e¥h asset over its estimated useful life.
Fixtures & Fittings
20% Reducing Balance
Taxatlon
The chartty is exempt from tax on its charitable artivities.
Fund accountin£
Unrestricted funds can be used in accordance with the charitable objertives at the discretion of the trustees.
Restrirted funds can only be used for particular restrirted purp)ses within the objects of the charity-
Restrittions arise when specified by the donor or when funds are raised for particular restritted purposes.
Further explanation of the nature and purpose of each fund is inc14Jded in the notesto thefinancial
statements.
Hire purchase and leasing commitments
Renta15 paid under operating leases are charged to the Statementof Financial Activtties on a straight line basis
over the period of the lease.
AcnviTIES FOR GENERATING FUNDS
31103124
Donation
Grants
Monthly Draw
ACBC Borough Council FAP Grant
Activities for generating funds
2,638
3,114
5,740
3,074
1,690
16256
INVEsfMENT INCOME
31103124
Rents received
Bank interest received
TRUSTEES. REMUliERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year
ended 31 March 2023.
Trustees. expenses
There were no trustees. expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Page S

TANGIBLE FIXED A55Ers
Freehold
property
Fixtures and
fittinE5
4,854
COST
AdditlOn5
8,184
DEPR£CIATlCtI
Charge f or year
971
971
At 31 March 2023
8,184
3,883
4.854
At 31 March 2022
8,184
DEBTORS.'AMOUNTS FALLING DUE wrrHIN ONE YEAR
3V03124
Other debtors
17,(XXI
CREDITOKS..AMOUNTS FALLNG DUE WITHIN ONE YEAR
31103124
Other creditors
750
MOVEMEf4T INFUNDS
Net movement
in funds
At 1.4.23
Unrestricted funds
General fund
4,1361
281
TOTAL FUNDS
41,361
281
Page 6

Voluntsry Income
Donations
Monthly Draw
Grants
3111 .March 2024
Jlll Mareh 2023
2.638
5,740
6,188
250
2,155
11,076
14.566
13,481
Arti¥ities for generati￿ funds
Fundraising events
Sponsorships
1.690
3,045
Investment incorne
Rents received
Totsl Incomin8 resources
16,256
16,526
RESOURCES EXPENDED
Costs of le￿ratIng voluntary Income
Advertlsing
Draw Prize5
Consumables
Refreshments
Coaches and Leaders
Christmas Dinner
Hire of Equipment
Medals
1.250
1,560
654
4.135
735
568
769
3,123
1.428
8.770
5,452
Charitsble acthiltles
Donations
Legal & Professional Fee5
Accountanry
750
750
750
750
Support costs
Finance
Bank chèrges
Fixtures and fittings
76
56
76
56
Information tethnology
Computer Costs
Other
Rent
Rates and water
Insurance
Sundry
Signage
350
350
75
583
633
287
320
Christmas Switch On
399

Carried forward
2,066
I,Ci18
Other
Brought forward
Light and heat
Telephone
Postsge and stationery
Repairs & Maintenan
Depreciation
Fire Safety
1.918
1,817
150
1.142
971
131
ioi
150
1,214
6,379
42
Totsl resources exp*nded
15,974
12,268
282
Net Surplus
4,258
Page 8