COMPANY REGISTRATION NUMBER: N1034301
CHARITY REGISTRATION NUMBER: 106660
Killesher Community Development Association
Company Limited by Guarantee
Unaudited Financial Statements
31 December 2023
FRANCIS MCMURRAY AND CO
Chartered Certified Accountants
71 Moybane Road
Letterbreen
Enniskillen
BT74 9DZ

Killesher Community Development Association
Company Limited by Guarantee
Financial Statements
Year ended 31 December 2023
Page
Trustees, annual report (incorporating the director's report)
Independent examiner's report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of financial position
Notes to the financial statements

Killesher Community Development Association
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 31 December 2023
The trustees, who are also the directors for the purposes of company law, present their report and the
unaudited financial statements of the charity for the year ended 31 December 2023.
Chair's report
The purposes of our organisation is the promotion for the public benefit of rural regeneration in the
Killesher Parish of County Fermanagh and its environs (area of benefit) being an area of social and
economic deprivation, by all or any of the following means= 1. the relief of povety in such ways as may
be sought fit 2. the relief of unemployment 3. the advancement of education, training or retraining 4.
facilitating the provision of housing for those who are in conditions of need 5. the maintenance,
improvement or provision of public amenities 6. the preservation of buildings or sites of historic or
architectural importance 7. the provision of recreational facilities for the public at large 8. the protection
or conservation of the environment 9. the provision of public health facilities and childcare.
KCDA is a cross community group with a management committee that is drawn equally from both
communities. The Association's efforts focus on improving the quality of life of the local population of
Killesher Parish by regenerating the area through the provision of social and physical services,
infrastructural improvements and opportunities for economic development. KCDA carries out its
purpose through its involvement in a large and varied number of rural regeneration and community
development projects and the facilitation of a wide range of social, recreational, educational and
health-related activities and events which take place at the Larganess Centre- a neutral meeting space
which is open to all members of the local community. The Larganess Centre is a regular meeting place
for key user groups such as Toddle Tots Parent and Toddler group, The Mill Club for senior citizens,
Killesher Historical Society, Killesher Farmers, Group and Killesher Community Development
Association.
Reference and administrative details
Registered charity name
Killesher Community Development Association
Charity registration number
106660
Company registration number N1034301
Principal office and registered 28 Mill Road
office
Tully
Florencecourt
Enniskillen
BT92 1 DB
The trustees
Miss Nailin Mcmanus
Mr Patrick Drumm
Mr James Wilson
Mr James Corrigan
Mrs Rosemary Armstrong
Mrs Muriel Scott
Mr Sean Corrigan

Killesher Community Development Association
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 December 2023
Mr Aidan McGovern
Mr David Coffey
Mr John Cunningham
Mr David Sheridan
Nailin Mcmanus
Patrick Gabriel Drumm
James Wilson
James Corrigan
Rosemary Armstrong
Muriel Scott
Sean Corrigan
Aidan McGovern
David Coffey
John Cunningham
David Sheridan
Independent examiner
Francis Mcmurray and Co
Structure, governance and management
The charity is run by committee, and has a governing document, and constitutes a limited company,
limited by guarantee, as defined by the Companies Act 2006. There are no remunerated employees
within the organisation.
Objectives and activities
The objective of the organisation is the promotion and benefit of the community in the Killesher parish
od Co Fermanagh, through the provision of facilities and community development.
Achievements and performance
The charity has been able to secure its funding for the forseeable future thereby allowing its continued
existence for the years to come.
Financial review
Having obtained funding from various sources together with public and private donations, the
organisation has been able to maintain sufficient cashflow to continue normal opeartions.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to
the small companies exemption.

Killesher Community Development Association
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (conllnued)
Year ended 31 December 2023
The trustees, annual report was approved on 30 September 2024 and signed on behalf of the board of
trustees by..
ILLLtrP n
s Nailin M
Trustee
Manu
Mr Patrick Drumm
Trustee

Killesher Community Development Association
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Killesher Community
Development Association
Year ended 31 December 2023
I report to the trustees on my examination of the financial statements of Killesher Community
Development Association {'the charity,) for the year ended 31 December 2023.
Responsibilities and basis of report
'Respective responsibilities of trustees and examinerf
As the charity's trustees of the company (and also its directors for the purposes of company lawl you
are responsible for the preparation of the accounts in accordance with the requirements of the
Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the company are not
required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I
report in respect of my examination of your charity's accounts as carried out under section 65 of the
Charities Act 2011 ('the 2011 Act.). In carrying out my examination I have followed the Directions given
by the Charity Commission for Northern Ireland under section 65{9) (bl of the 2011 Act.
Independent examinerfs statement
'Independent examiner's statement,
I have completed my examination. I confirm that no matters have come to my attention in connection
with the examination giving me cause to believe= 1. accounting records were not kept in respect of the
Company as required by section 386 of the 2006 Act., or 2. the accounts do not accord with those
records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006
Act other than any requirement that the accounts give a 'true and fair view which is not a matter
considered as part of an independent examination., or 4. the accounts have not been prepared in
accordance with the methods and principles of the Statement of Recommended Practice for
accounting and reporting by charities applicable to charities preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I 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 to enable a proper understanding of the accounts to be
reached
Iyrf
Francis Mcmurray and Co
Independent Examiner
71 Moybane Road
Letterbreen
Enniskillen
BT74 9DZ
30 September 2024

Killesher Community Development Association
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 December 2023
2023
Restricted
funds Total funds
2022
Unrestricted
funds
Total funds
Note
Income and endowments
Donations and legacies
Charitable activities
Other income
3,370
3,370
23,069
1,600
23,069
1,600
20,335
1,600
21,935
Total income
24,669
3,370
28,039
Expenditure
Expenditure on charitable activities
Total expenditure
30,633
3,370
3,370
34,003
31.810
30,633
34,003
31,810
Net expenditure and net movement in
funds
(5,964)
(5,964)
{9,875}
Reconciliation of funds
Total funds brought forward
Total funds carried forward
(16,762)
{22,726)
450,268
433,506
443,381
433,506
450,268
427,542
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 7 to 14 forni part of these financial statements.

Killesher Community Development Association
Company Limited by Guarantee
Statement of Financial Position
31 December 2023
2023
2022
Note
Fixed assets
Tangible fixed assets
14
444,646
453,865
Current assets
Cash at bank and in hand
76,096
28,249
Creditors: amounts falling due within one year
Net current assets
15
83,294
{7,198)
437,448
37,365
(9,116)
444,749
Total assets less current liabilities
Creditors: amounts falling due after more than one year
Net assets
16
9,906
11,243
433,506
427,542
Funds of the charity
Restricted funds
Unrestricted funds
450,268
(22,726}
427,542
450,268
{16,762)
433,506
Total charity funds
19
For the year ending 31 December 2023 the charity was entitled to exemption from audit under section
477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities..
The members have not required the company to obtain an audit of its financial statements for the
year in question in accordance with section 476.,
The directors acknowledge their responsibilities for complying with the requirements of the Act
with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies. regime.
These financial statements were approved by the board of trustees and authorised for issue on 30
September 2024, and are signed on behalf of the board by..
LL
Miss Nailin Mcknanus
Trustee
Mr Patrick Drumm
Trustee
The notes on pages 7 to 14 form part of these financial statements.

Killesher Community Development Association
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 December 2023
General informatson
The charity is a public benefit entity and a private company limited by guarantee, registered in
Northern Ireland and a registered charity in Northern Ireland. The address of the registered office
is 28 Mill Road, Tully, Florencecourt, Enniskillen, BT92 1 DB.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such,
advantage has been taken of the following disclosure exemptions available under paragraph 1.12
of FRS 102., (a) No cash flow statement has been presented for the company.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experienGe and other factors, including expectations of
future events that are believed to be reasonable under the Gircumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expend',,ture declared by the donor or
through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or
endowment funds.

Killesher Community Development Association
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 December 2023
Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity,. it is probable that the economic benefits associated with the transaction will
flow to the charity and the amount can be reliably measured. The following specific policies are
applied to particular categories of income..
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the accounts
when received if the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates..
expenditure on raising funds includes the costs of all fundraising activities, events, non-
charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
be￿een the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.

Killesher Community Development Association
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 December 2023
Accounting policies fcontinued)
Tangible assets (continued)
An increase in the Garrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value, over the useful economic life ot that asset as follows..
Freehold property
Long leasehold property
Short leasehold propety
Fixtures and fittings
2 % straight line
2 % straight line
2 % straight line
20 % reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the cash-
generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable
group of assets that includes the asset and generates cash inflows that largely independent of the
cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination. irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants
are not recognised until there is reasonable assurance that the charity will comply with the
conditions attaching to them and the grants will be received.
Where the grant does not impose specified future performance-related conditions on the
recipient, it is recognised in income when the grant proceeds are received or receivable. Where
the grant does impose specified future performance-related conditions on the recipient, it is
recognised in income only when the performance-related conditions have been met. Where
grants received are prior to satisfying the revenue recognition criteria, they are recognised as a

Killesher Community Development Association
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 December 2023
Accounting policies {continuedJ
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and curient liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured
reliably, the investment is subsequently measured at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate, in which case the asset is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes
recognised in the statement of financial activities, with the exception of hedging instruments in a
designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reporting dale. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial
activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are
individually significant, these are assessed individually for impairment. Other financial assets are
either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
Limited by guarantee
The company is limited by guarantee and the liability of any member is limited to £1.
10

Killesher Community Development Association
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 December 2023
Donations and legacies
Restricted Total Funds
Funds
2023
Restricted Total Funds
Funds
2022
Grants
Grants receivable type 1
3,370
3,370
Charitable activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Other income from charitable activities
type1
23,069
23,069
20,335
20,335
Other income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Deposit Restuarant Lease
1,600
1,600
1,600
1,600
Expenditure on charitable activities by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Activity type 1
30,633
3,370
34,003
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Activity type 1
31,810
31,810
Expenditure on charitable activities by activity type
Activities
undertaken Total funds
directly
2023
Total fund
2022
Activity type 1
34,003
34,003
31,810

Killesher Community Development Association
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 December 2023
10. Net expenditure
Net expenditure is stated after chargingl{crediting}:
2023
2022
Depreciation of tangible fixed assets
14,019
14,282
11. Independent examination fees
2023
2022
Fees payable to the independent examiner for..
Independent examination of the financial statements
750
750
12. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2023
2022
The average head count of employees during the year was Nil (2022.. Nil).
No employee received employee benefits of more than £60,000 during the year12022'. Nil).
13. Trustee remuneration and expenses
There were no remuneration or other benefits from employment with the charity or a related entity
were received by the trustees, for the year ended 31 December 2021, nor for the year ended 31
December 2020.
12

Killesher Community Development Association
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 Decembor 2023
14. Tangible fixed assets
Long
Short
Freehold leasehold leasehold Fixtures and User defined
property
property
property
fittings
asset
Total
Cost
At 1 Jan 2023
Additions
598,338
20,408
29,186
51,031
4,800
55,831
7,036
705,997
4,800
710,797
At 31 Dec 2023
598,336
20,408
29,186
7,036
Depreciation
At 1 Jan 2023
Charge for the
year
191,486
6,120
8,755
45.771
252,132
11,966
408
593
1,052
14,019
At 31 Dec 2023
203,452
6,528
9,348
46,823
266,151
Carrying amount
At 31 Dec 2023
394,884
406,850
13,880
14,288
19,838
9,008
7.036
444,646
453,865
At 31 Dec 2022
20,431
5,260
7,036
15. Creditors: amounts falling due within one year
2023
2022
Accruals and deferred income
Social security and other taxes
82,253
1,041
83,294
36,323
1,042
37,365
16. Creditors: amounts falling due after more than one year
2023
2022
Payments received on account
Accruals and deferred income
25,584
(15,678)
9,906
25,584
(14,341)
11,243
17. Deferred income
2023
2022
At 1 January 2023
Amount released to income
32,230
29,502
32.230
{15,091)
17,139
At 31 December 2023
61,732

Killesher Community Development Association
Company Limited by Guarantee
Notes to the Financial Statements (Continued)
Year ended 31 December 2023
18. Government grants
The amounts recognised in the financial stateMerit￿+ for government grants are as follows..
2023
2022
Recognised in creditors..
Deferred government grants due within one year
Dpferred government grants due after more than one year
32,230
(16,428}
15,802
32,230
{15,091}
17,139
19. Analysis of charitable funds
Unrestricted funds
At
1 January 202
At
31 December
2023
Income Expenditure
General funds
(16,762)
24,669
{30,633)
122,726)
Restricted funds
At
1 January 202
At
31 December
2023
Income Expenditure
Restricted Fund 1 desc in alcs
450,268
3,370
(3,370)
450,268
14