Company Registration Number: N1017957
Charity Number.. NIC105759
Coalisland & District Development Association
(A company limit•d by guawants•, not haviry a Share ￿pits￿
Annual Report and Unaudited Financial Statements
for the financial year ended 30 April 2023
M¢Donald O'Neill & Co
Chartered Accountants and Statutory Auditors
5 Union Buildings
Union Place
Dungannon
Co Tyrone
8T70 1DL
Northern Ireland

Coalisland & District Development Association
IA company limFted by guarantee, b)Ot having a share capital)
CONTENTS
Pago
Reference and Administrative Infomiation
Directors. Annual Report
Statement of Directors. Responsibilities
Independent Examine¢s Report
ststement of Financial Activities
Balance Sheet
10
Notes to the Finanaal Statements
Supplementary Inforniation relating to the Financial Statements
17

Coalisland & District Development As30ciation
IA Company limited by guarantèe. not having a share capi¢all
REFERENCE AND ADMINISTRATIVE INFORMATION
Directors
Mr. P McGirr
Mr. J Corr
Mr. Pal O'Hanlon
Company Secretary
Mr. Michael Plunkett Daly
Charity Number in Northem Ireland
NIC105759
Company Registration Number
N1017957
Reglstsred Office and Prin¢ipal Address
51 Dungannon Road
Coalisland
Co Tyrone
BT714HP
Northem Ireland
Independent Examlner
McDonald O'Neill & Co
Chartered Accountsnts
5 Union Buildings
Union Place
Dungannon
Co Tyron8
BT70 IDL
Northem Ireland
Principal Bankers
First TnJst Bank
18-20 S¢xJtch Street
Dunganno
Co Tyrone
BT70 1AZ
Solicitors
Fran(#s J Madden
14 The Square
Coalisland
Co Tyrone
BT714LN
Northem Ireland

Coalisland & District Development Association
IA company limited by guarantee, not havlng a share capftall
DIRECTORS, ANNUAL REPORT
for the financial year ended 30 April 2023
The directors present their Directors, Annual Report, combining the Directors. Reporl and Trustees. Report, and the
unaudited financtal statements for the financial year ended 30 April 2023.
The financial stslements are prepared in ￿(x)rdanCe wtth the Companies Act 2006, FRS 102 'The Financial
Reporting Stsndard applKable in the UK and Republic of Ireland- and Accounting and Reportin9 by Charities."
Slalemenl of Recommended Praclice applirrtqble to charities preparing their financral statements in ac￿rdance with
the Financial Reporb'ng Stsndard applicable in the UK and Republic of Ireland IFRS 1021.
The Directors, Report contsins the informabon required lo be promded in the Dlrectors, Annual Report under the
Statement of Recommended Practice ISORPI guidelines. The directors of the company are 81so charity trustees for
the purpose of charity law arKI under tha compan¥s constitijtion are known as members of the board of trLSStees.
In this report the directors of Coalisland & District Development AssorAation present a summary of its purpose,
govemance, activitie5. achievements and finan￿5 for the financial financial year 30 April 2023.
The company is a registered charity and hence the report and results are presented in a form which complies with the
requirements ol the Companies Act 2006 and, alihough not obliged lo comply with the StstemenE of Recommended
Pracllce applicable in the UK and Republic of Ireland FRS 102, the organisatKJn has implemented ils
recommendations where relevant in these financial statements.
Strudure. Govornance and Managem•nl
Structure
Coalisland & District Development hssocialion is a wmpany limited by guarantee and does not h8ve a share capitsl.
11 is governed by ils Memorandum and Articles of Company.
11 is recgonised as a charity by HM Revenue &
Customs.
Board of Directors
Directors are appointed or re-8ppointed at the annual general meeting, not more Ihan fifteen mnths musl lapse
befvleen the date of one AGM and that of the next.
Th8 Board of Directors are listed on page 3. The board meetings are hetd on a bi-monthty basis. The directors agree
the board strategy and areas of activity. The day lo day operations of the chanty are handled by senior management
and staff. The directors are not remuneraled.
Risk Managoment
The directors have activety revrewed the major risks which the company fa￿S and believe that achieving the desired
level of tenancy occupation of their untts. combined with the annual rewew of the controls over the key financial
systems, will provide sufficient resources in the event of adverse txJndtb"ons. They have also examined other business
and operational risks, which they face and confirm that they have established system5 to mitiga18 significant risks.
Révi8w of Activiti8s, Ach¢evements and Perfomiance
The statement of financial activities for the year is set out on page 10 of the financial ststements. The nel movement
in funds for the financial year is a surplus of £6,078 12022 surplus £30,421). The Charity ulilised the Govemmenl's
Coronavirus Job Retention Scheme to assist with financial pressures durin9 the Covid 19 Pandemic.
The main activities of the company are unchanged from the last year, as are the main ftjnding sources. The main
funding source is rentsl income. In the coming year the directors are committed to driving the ￿MpanY forward by
retaining funding from current sources and tying to obtsin addilional fundiro from new sources.
Financial Results
Al the end of the financial year the (x)mpany has assets of £456,037 (2022 £449.8071 and liabiltties of £12.493
£2022- £12,341}. The net assets of the company have increased by £6.078.
Reserves Po$rtion and Polley
The charity's policy is to retain a level of free reseNes which matches the need of the company. both at the current
time and in the forseeable flrtU￿. Free reserves are those unrestricted reseNes not invested in fixed assets, which
are avaiL4ble for general use.
The directors are striving lo Se￿Ire reseNes in the future suffKient to rneel committed expenditure an¢J the running
costs of the charity for a period equNalent lo 9 months annual expenditure, which equates to £82,37812022 £78,116).
The directors believe that the period 019 months 15 necessary in order that Ihere is conts"nuity of Servi￿ and will
continue lo work towards the implementation of this policy. Al present the free reserves which amount lo £375,782
12022 £368.28113re sufficient to meet this level of spending.

Coalisland & District Development Association
IA company limited by guarantat, not having a Sha￿ capitall
DIRECTORS. ANNUAL REPORT
for the financial year ended 30 April 2023
The policy relating to reserves 1$ reviev￿1 annually.
Reference and Adminlstrative details
Coalisland & DistriGt Deveknpment Associatk)n is registered with the Charities Commission Nl.. Charity Number
NIC105759 as a company limited by guarantee and is regislefftd wrfh the Companies Registrar registration nurnber
N117957. It is also recognised as 8 charity by HM Revenue and Customs XT2235. The directors and secretsry of
the charity are listed on page 3. The priniq>al and registered Offi￿ of the charity is also listed on page 3 together
with the details of the professional advisors and bankers.
Dlr•¢tors
The direGlors who served throughout the finanLyal year, ex￿pt as noled. were as folh)ws:
Mr. P McGirr
Mr. J Corr
Mr. Pat O'Hanlon
In accordance with the Conslitution. the directors retire by rolalion and. being eligible. offer themselves for re*leclion.
The secretary who seNed during th8 financial year was..
Mr. Michael Plunkett Daly
Complian¢o with Sactor-wide Legislation and Stsndards
The company engages pr¢>actively with legislation, standards and codes which are developed for the sector.
Coalisland & District Development Associabon subsuibes to and is complianl with the folk)wing.'
The Companies Acl 2006
The Charitses SORP IFRS 102)
Public Benefit
The committee believes that the charitable ￿MpanY provides a public benefft by providing training services for the
acquisition and development of occupational skills amd work experience to advance education and provide and
maintain employment, espeualty for young peopk. In particular, the charitable company provides job skills courses
and programs, aimed al getting people off the unemployment register. The ￿mMIttee is fully aware of the guidelines
coming from the Charity Commission for Northern Ireland. Thè committee believes that is is operating entirely within
those guidelines which have been released so far and it looks forward with Confiden￿ to the development of the
charity's work in the provin￿.
Taxation
As a charity, the company is able lo re￿Ver most tsx deducted al source from ￿ investment income and is not liable
for corporation tax on ils other income or on (*pital gains.
Recovery is therefore made of tsx credits and tax
deducted from inc£)me received under deed of ￿venant or grft 8id.
Plan for futur8 pgriods
The Charity has had to deal with 8 C8rt3in level of disruption as a result of the recent Coronavius pandemic with some
lime lo pay arrangements made with tennants. As the restrictions imposed begin to ease, the Charity anticipate a
relum lo full service. Whilst the Board of Directors realise there may be an elemenl of Un￿rtaInty during the difficult
times. tha Charity has mantained an over311 healthy finanual position and Is therefore confident the Charity Can
continue lo provide full service going forward. The Board of Direclors will continue to plan for the delivery of
consislenl high quality standards in re181ion to achieving the objectives as detsiled above.
Collectively they will
ensure that those charged govemance or management of the entity will be made aware of their responsibilities.
The charity will demonstrate that it is using its resources lo deliver charitsble activity and therefore public benefit in
tha best possible way in these uncertain economic times.
Resources will be managed in a cost effective manner. Expenditu￿ will be strictly montiored and controlled without
ompromising quality of serwce. Management structures will be kept under revrew and IT￿nItor8d to en5Ltre Ihat
good govemance prevails and exposure of the charity to risk Is minimised.
Key perfomiance indicators
Given the straightforward nature of the business. the ￿mpanY'S directors are of the opIn￿n that analysis using KPIS
is not necessary for an understanding of the devebpment. perfornian￿ or pw)stiK)n of the business.
Sènlor managoment tsam
Chief execuuve - R Thornton
Manager- Melanie Campb811

Coalisland & District Development Association
IA company Ilmlted by 9uarantg0, havln9 a sharé eapitai)
DIRECTORS, ANNUAL REPORT
for the financ481 year ended 30 April 2023
8mall companles. exemptlon
This report has been prepared in acwrdarK8 wilh the spectal provi%i)ns relating lo small companies within Part 15 of
the Companies Act 2006.
Ap
roved by the Board of Dlrectors on 27 June 2023 and slgned on Its behalf by:

Coalisland & District Development Association
IA company limitèd by guarantgo, not havin9 a shar• eApitsII
STATEMENT OF DIRECTORS, RESPONSIBILITIES
for the financial year ended 30 April 2023
Th8 directors are responslble for preparing the financial statements in aC￿rdanCe wtth applirAble law and
regulations.
Company law requires the directors to prepare financial statements for each finan￿al yoar. Under that law the
directors have elected to pr8par8 the financial ststements in accordance wilh United Kingdom G8neralty AL￿apted
Accounting Practice (Uniteil Kingdom Accyjunting Standards and applicable lawl induding FRS102 "The Financial
Reporting Standard applicablo in tho UK and Republic of IrelarKI'. Under tt)mpany Law the directors must not approva
the financial stat&ments ￿n￿$S they 8r& satisfied that they gNe 8 and falr view of the State of affairs of tha
company and of the net income or expendtture of the company for Ihat period.
In preparing these financial stslements, the directors are required to..
select suitable accounliThJ policies and appty them consistentty"
make judgements and estimates that are reasonab￿ and pnjdent;
state whether the financial statements have been prepared in accordanre with the relevant finan￿al reporting
framework. id6nlrfy thosa Stsndards. and note the effeca aTrJ th8 reasons for ary material departur& from those
standards,. and
prepare the financial statements on the going con(w basbs unles5 it is inappropriate to presume that the
company S￿11 conllnue In operath)n.
The dlrectors Conffi￿ that they have Ixmpli￿I y￿ the above requirements in p￿parIng th8 finanaal statements.
The directors are responsible for kwng adequate accountlng re￿rdS that are sufficient to show and explain the
mpanys transactions and disclose wrth reasonab￿ accuracy at any time the finanGial position of the company and
enable them to ensure that the finanaal stslements r￿mplY with. They are also responsible for safeguarding the
assets of the company and hen￿ for tsking reasonable steps for the prevenlion and detection of fraud and other
irregularities.
ved by
ors on 27 June 2023 and slgnod on Its behalf by:

Coalisland & District Development Association
IA company Ilmltsd by guarantee, not having a share eapltall
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF
DIRECTORS OF COALISLAND & DISTRICT DEVELOPMENT
ASSOCIATION
We have examined financial statements of tho company the financial year ended 30 April 2023. whlch
comprlse the Ststemenl of Financial Athrlies (incorporating an Inu)me and Expenditure AmJunt}, the Balance She81
and the related notes.
Thls report 18 made soloty to the Gompanys member3, as a body. in accordan￿ with Chapter 3 of Part 16 of the
Companies Act 2006. Our WOTk has been undertaken so that we might ￿MplIe the )Inancial ststements Ihat we have
been engaged to complle, report to the Board of Directors that we have done so, and stste those matters that we
have agreed to stale to them in this report and for no other purpose. To the fiJllest extsnt pemrited by law. we do not
accept or assume responsibility to anyone other than the company and the coMpan￿S members, as a body. for our
work. or for this report.
RespeGtiVo responsibilities of directors and examlner
Tho Companls trustees (who are also the directors of the company for Iha purposes of ￿1MpanY lawl are responsible
for the preparation of the financAal statements in a¢)x)rdance wth the requirements of the Companies Act 2006. The
companvs directors consider thai an audlt is not requlred for this finan(xal year undef Chapter 3 of Part 16 of the
Companiès AGt 2006 and that an independent examinatKJn is required.
It is our responsibilty lo..
examine the financial statem&nts under seclion 65 of the Charthes Ac(.
follow the procedures laid down by the general Directions given by the Charity CommF88ion for Northem Ireland
under section 65(91(bl of the Chafitses Aci". and
stste whether par￿￿lar matters have LX)me to our attentb)n.
Basls of Independent •xamlnees report
We have examined your company finandal statements as required under section 65 of the Chartbes Act and our
examination was (arried out In acccKdance wrth the general Directions given by the Chaiity Commission for Northem
Ireland und6r section 65191{b) of the Chartiies Act. An examination includes a review of the accounting rèeords kept
by the company and a compartson of the financial stalernents presented wlth those records. 11 also includes
consideration of any unusual items or disdosures In the finarrial statements and seeking explanations from the
directors (x)nceming any such matters. The prThxdures undertaken do not provide all the eviden￿ that would be
required in an audit and consequenlty no opinron is gtven as to whether the aca)unL8 p￿sen1 a 'true and fairf view
and the report is limited to those rnatters set out in the ststemenl below.
In connection with our examinalion. no matter has come to our attention gNe$ us cause to believe that in, any
material respect..
accounting records were not kept in accordance with sect6on 386 of the Companies Act 2006
the financial statements (kn ￿t accord wrth those a¢xounting records
the financial statements have not been prepar&J in accxsrdance with the arxountsng requirem8nts of section 396 of
the Companies Act 2006 and wtth th8 methods and principbs of the SL*menl of R8commend8d PractTrce
applicable lo tharities preparing their arKA)unts in awA)rdan(* wth the Finanoal Reporting Stsndard applicable in
the UK and Republic of Ireland {FRS1021
there is further information nefjdèd for a proper urKfersianding of the aCLounts to be reached.
Independent examinerfs ststernent
We have no concems and have come across M other matters in connection with the examination lo which attenlion
should be drawn in this report in order to enabl8 a proper understanding of financial slatsments to be reached.
MCDO
AL
O'NEILL & CO
hartered Awjuntants and Statutory Auditors
5 Union Buikling$
Union PL8(*
DLbngannon
Co Tyrone
BT70 1 DL
Northem Iraland
Dato: 27 Jun? 2023

Coalisland & District Development Association
IA cornpany limitad by guaiantee, not having a share rapitsll
STATEMENT OF FINANCIAL ACTIVITIES
Ilncorporating an Incomo and Expenditure Aeeountl
for the financial year ended 30 April 2023
Unrestricted
Funds
2023
Total Unrestricted
Funds
Funds
2023
2022
Total
Funds
2022
Notes
Incoming Resources
Activities for generating funds
Other income
112,438
3.477
112,438
3,4n
118.556
16.702
118.556
16,702
32
Total incomlng rosources
115.915
115,915
135,258
135,258
Resource$ Expended
Raising funds
Other expenditure
109,837
109.837
103,396
1,441
103,396
1,441
42
Totsl ReSoUr￿S Expondad
109.837
109,837
104.837
104.837
Net incomingloutgoing resources before transfer
6.078
6.078
30.421
30,421
Gross transfers between funds
Net movement in funds forthe financial year
6.078
6,078
30.421
30,421
Reconciliation of funds-
Totsl funds beginning of the year
14
437.466
437,466
407.045
407.045
Total funds at tho end of the year
443.544 443.544 437.466
437.466
The Ststement of Financial Aclivities includes all gains and losses reccpjnised in the financial year.
All in￿rne and expenditure relate lo ￿ntinUIng aclivitres.
The rK)te5 on pages 11 10 15 fom) part of the financial statements

Coalisland & District Development Association
IA company limit•d by guarantèg. not having a #hare capital)
Cornpany Numbèr. N1017957
BALANCE SHEET
as a130 April 2023
2023
2022
Flxod Assets
Tangible assets
67,762
69,185
Current Assèts
Stocks
Debtors
Cash at bank 8nd in h8nd
10
11
385
38.622
349.268
385
34.965
345.272
388,275
380,622
Credltors: Amounts falling due wlthln one year
12
(12.493)
112,3411
Nol Curronl As$ets
375.782
388.281
Total Assots IBSS Currenl Liat)ilitiOS
437,466
Funds
Gener81 furtd {unrestricW)
437,466
Total funds
14
437,466
These finaneAal ststements have been prepared in aG￿rdance with the speaal provisions relating to small wmpanies
within Part 15 of the Companw ArA 20C6.
For the financial year ended 30 April 2023 the company was entitkd to exemption from audit under seclion 477 of tho
Companies Act 21x16; and rKI notice has been deposrted under section 476.
The directors confirm that the membefs have not r4uired the wmpany to obtsin 8n audit of its finBncial 8tatemenl8
for the financial year in question in a¢xordance with section 476 of the Companies Art 2LN)6.
The directors acknowledge their responsibiliknes for ensuring that Ihe rnmp8ny keeps accnunting records which
mply with section 386 and for preparlng finanoal ststements which gNe a Irue and fair view of the state of affairs of
the company as al the end of the financial year and of its profil and knss for the fina￿￿al year in aCWrd8n￿ with the
requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006
relating to financial statements, so far as applKable to the company.
Approve
by
oard of Dlréctors and authorlsed for Issue on 27 Jung 2023 and signod on Its ￿half by
The notes pag8s 11 to
rm part
10

Coalisland & District Development Association
IA company limitèd by guarant•è. not having a share ¢apitall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 April 2023
GENERAL INFORMATION
Coalisland & District Development Assooation is a company lirnited by guarantee ino)rporated in Northem
Ireland. The registered offio of the company is 51 Dungannon Road, Coalisland. Co Tyrone, BT71 4HP,
Northem Ireland which is also the principal place of bu5ine55 of the company The financial ststemenls have
been presenled in Pound {£) which is also the fundional (yjrrency of the (x)mpany.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following accounting policies have been applied cxjnsistenty in dealing with items which are ¢onsidered
material in relation to the charity's finan￿al statements.
Basls of preparation
The financial statements have been prepared on the going ￿nCern basis under the histori(xl cost wnvenlion,
modified to include certain items al fair value. The finanaal slatements have been prepared in acwrdance
with the Slalement of Recommended practi￿ ISORPI "Accounting and Reporting by Charities preparing their
accounts in accordance wilh the Finanoal Reporting Stsndard applicable in Ihe UK ané Republic of Ireland
FRS 102".
As pemiitted by the Comp8nies Act 2006, the company has varied the standard fomials in that act for the
Statement of Financial Activities and the Balance Sheet. Departures from the stsndard forniats are to comply
with the requirements of the Chartties SORP and are in Complian￿ with section 4.7. 10.6 and 15.2 of that
SORP.
Statsment of complianGe
The financial slalements of the ￿npanY for the financial year ended 31 December 2017 have been preparèd
on the going concem basis and in accordance with the Statemenl of ReCOm￿nded Practice ISORPI
"Accounb"ng and Reporbng by Charities preparing theif accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland FRS 102".
Cash flow statement
The company has avaikd of tha ex@mption in FRS 102 from the requiremenl to produce a cash ftow
statemenl because rt is c18ssthed as a small company.
Fund accounting
The following are the c8tegorises of fvnds maintained:
Rastrictad fund$
Relricted funds are funds which are to be used in accordance wilh specific restrictions irnposed by donors or
which have been raised by the group for particular purposes. The cost of raising and administ&ring such
funds are charged against the spe(ir￿ fund.
Unrostricted fund$
Designated funds are unrestricted funds of the group whKh the Directors have decided at their discretion to
set aside for a specffic purpN)se.
Incoming Resources
Voluntary income or capital is induded in the Statement of Financial ActNities when the o)mpany is I￿allY
entitled lo it, ils financial value can be quanlffied with reasonable ¢*rtainty and Ihere is reasonable certainty of
ils ultimate receipt. Entitlement to legacies is considereé estsblished when the company has been notified of a
distribution to be made by the execLrtors_ Income re￿1Ve￿ in advance of due perfom)ance under a contract is
accounted for as deferred income until eamed. Grants for activities are recognised as income when the
related conditions for legal enlidemenl have been met. All other income is accounted for on an accruals basis.
Resources Expended
All resources expended are accounted for on an accru81s basis. Ch8ritable actrvities include costs of servi(*s
and grants, support costs and depreciation on related assets. Costs of genarating funds similarly indude
fundraising aclivilies. Non-staff Costs nol attributed lo one category of activity are allocated or apportioned
prcwata to the staffing of the relevant servi￿. Finance. HR. IT and adminislralive stsff costs are d1￿CtlY
allributable to individual activities by obJeclNe. Governan￿ c4)sts are those a$S￿lated with txjnslilutional and
statutory requirements.
11

Coalisland & District Development Association
IA company limlted by guarantee, not having a share ￿pItalI
NOTES TO THE FINANCIAL STATEMENTS
continued
for the financial year ended 30 April 2023
Tangible fix8d assets and depreciation
Tangible fixed 8ssels are slated at cost or at valuabon. less 8ccumul8ted depreciation. The charge to
depreciation is calculated to write off the original ¢ost or valuation of tsngible fLxed assets. less their estimated
residual value. over their expected useful lives as follows..
Land and buildings freehokl
Plant and machinery
Fixiures. fitb'ngs 8nd equipment
5% Straight line
20.kn Straight line
20% Straighl line
Debtors
Debtors are recognssed al the setuement amount due after any diso)unl offered. Prepayments are valued 81
the a￿oUnt prepaid net of any trade discounts due. InG0￿ re(x)gnised by the ￿MpanY from government
agenaes and other o)-funders, but not yet received at year end. is included in debtors.
Cash at bank and in hand
Cash at bank arKJ in hand ￿mpriseS cash on deposit at banks requiring less than three months notice of
withdrawal.
Taxatlon and deferred taxation
No current or deferred taxation arises as the ￿MpanY has b88n granted charitable exemption. 1Th8coverabla
valued added tax is expensed as incuThed.
Deferred lax is recognised in respect of all timing differences that have originated but not reversed al the
balance Sheet date where transactions or events have o(rJJrred at that date that will result in an obligation to
pay more tax in the fLrture, or a right lo pay ￿sS tax in the future. Timing differences are temporary differences
between the wmpanrfs tsxable income and ts results a5 Stated in the ffinanctal ststements.
Deferred tax is measured on an undiscounled basis at the tax rates that are anticipated lo apply in the periods
in which the timing drfreren￿s are expected to reverse. based on tsx rates and laws that have been enacted
or substantively enacted by the balan￿ sheet date.
INCOME
OTHER TRADING ACTivrriES
Unfestrictod Restriclèd
Funds
Funds
2023
2022
Rentsl Income
112.438
112,438
118,556
32
OTHER INCOME
Unrestrlthd Rostrlctsd
Funds
Funds
2023
2022
Other income
3,477
3,477
16,702
EXPENDThURE
RAISING FUNDS
Dire
Costs
0th8r
Costs
Support
Costs
2023
2022
Resources Expended
109,837
109,837
103.396
OTHER EXPENDITURE
Direct
Costs
Other
Support
Costs
2023
2022
Other expenditure
1,441
12

Coalisland & District Development Association
IA company limited by guarantee, not having a $hare ¢apitall
NOTES TO THE FINANCIAL STATEMENTS
continued
for the financial year ended 30 April 2023
SUPPORT COSTS
Costot
Ralsing
Funds
2023
2022
Propety Costs
Depreciab"on
Operatsng Costs
Staff Costs
21.672
1,423
49.013
37,729
21,672
1,423
49,013
37,729
20,974
1,597
45.343
35.482
109.837
109,837
103,396
ANALYSIS OF SUPPORT COSTS
Basls of
Apportionment
2023
2022
Property Costs
Depreciation
Operating Costs
Staff Costs
Usage
Usage
Usage
Stsff Time
21,672
1,423
49,013
37.729
20,974
1,597
45,343
35.482
109,837
103,396
NET INCOMING RESOURCES
2023
2022
Net Incomlng Resources are stated after chargin￿(CredItIng).
Depreciation of tangible assets
Gr8nls receivable received
1.423
1,597
16.5771
INVESTMENT AND OTHER INCOME
2023
2022
Revenue grants receNed
Bank interest
6,577
42
664
664
6.619
EMPLOYEES AND REMUNERATION
Number of employees
The average number of persons empk)yed {induding exeojtive directors) during the financial year was as
folk)ws.'3
2023
Number
2022
Number
Administration
The slaff costs ￿MPrise.
2023
2022
Wages and salaries
Pension costs
35.888
1041
34,263
989
37.729
35.252
13

Coalisland & District Development Association
IA company limrled by guarnntee, not havin9 a share capilall
NOTES TO THE FINANCIAL STATEMENTS
continued
for thé financial year ended 30 April 2023
TANGIBLE FIXED ASSETS
Land and
buildFng¥
freehold
Plant and
Fixtures.
machinery ffttings and
equipment
Totsl
Cost
At 30 April 2023
2,323.450
10.627
131,115
2,465,192
Depreciation
Al 1 May 2022
Charge for the financial year
2.254.708
980
10.627
130,672
443
2,396.007
1.423
At 30 April 2023
2.255.688
10,627
131,115
2,397,430
Net book valug
AI 30 April 2023
67,762
67.762
At 30 April 2022
68.742
443
69,185
10.
STOCKS
2023
2022
Finished goods and good5 for resale
385
385
11.
DEBTORS
2023
2022
Tr8de debtors
Prepayments and accnjed income
18,243
20,379
15,161
19,804
38,622
34,965
12.
CRED￿oRs
Amounts falling due within one year
2023
2022
Trade creditors
Taxation and social security costs
Other credrtors
Accruals and deferred income
520
8,290
938
2,745
331
8.454
499
3,057
12,493
12,341
13.
RESERVES
2023
2022
At the beginning of the year
Surplus for the financyal year
437.466
6.078
407,045
30,421
Al the end of the year
437,466
14

Coalisland & District Development Association
IA company limited by guarante8, not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
continued
for the financial year ended 30 April 2023
14.
FUNDS
14.1 RECONCIUATION OF MOVEMENT IN FUNDS
Unrestricted
Funds
Total
Fund
Al 1 May 2021
Movement during the finan(ial year
407.045
30,421
407,045
30.421
At 30 April 2022
Movement during the financial year
437.466
6,078
437.466
6,078
At 30 April 2023
443,544 443,544
14.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
1May
2022
Income Expondlture
Transfers
betrween
funds
Balance
30 April
2023
Unrestrlcled lunds
General
437,466
115.915
109,837
443,544
Total funds
437,466
115.915
109.837
443,544
15.
STATUS
The company is limited by guarantee not having a share capital.
The liabilty of the members is limited.
Every member of the company undertakes to contribute lo the 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 befo￿ they ￿ased to be members. and the costs, char9es and expenses of winding
up, and for the adjustrnenl of the rights of the contributor5 among them3eives, Such amount as may be
required, not exceeding £ 1.
15

COALISLAND & DISTRICT DEVELOPMENT ASSOCIATION
IA company Ilm1t￿ by yuarantee. not having a 5har• ¢apit*D
SUPPLEMENTARY INFORMATION
RELATING TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 APRIL 2023
16

Coalisland & District Development Association
IA company limited by guarantee, not havFng a sharè ¢apiiall
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS
Operating Statement
for the financial year ended 30 April 2023
2023
2022
Incomo
115.251
127,956
Co$t of generatlng funds
Opening stock
385
385
385
1385)
385
13851
CIo8ing stock
Gross surplus
115.2S1
127,956
Expenses
Wage5 and Salaries
Staff defined ￿ntn"bUtion pension costs
Rates
Insurance
LwJht and heat
Repairs and maintenance
Printing, postage and stab"onery
Advertising
Telephone
Travelling and entertainment
Legal and professional
Consultsncy fees
Accountsncy
Bank charges
Bad debts
General expenses
Subscriptions
Depreciation
35,888
1,841
811
20,861
9,830
21.988
295
34.263
989
687
20,287
7,509
17,801
155
145
471
3,990
1,171
7,000
2,250
261
4,673
842
63
1.597
429
3.988
7.000
2.150
282
1.174
349
1.423
109.837
104.154
Miscellaneous Income
Revenue grants ￿ceiVed
Bank interest
6,577
42
6,619
Net $urplus
6,078
30.421
The supplementary infomiation does not fomi part of the financial ststements
17