Lissan Hall Committee Limited
A Company Limited by Guarantee
Financial Statements
Year Ended 30 April 2023
Company No.. N1645044

Lissan Hall Committee Limited
A Company Limited by Guarantee
Table of Contents
Year Ended 30 April 2023
Page
Comp8ny Information
Report of the Trustees
Report of the Independent Examiner
Statement of Financial Activities
Statement of financial position
Notes to the Financial Stalements

Lissan Hall Committee Limited
A Company Limlted by Guarantee
Company Information
Trustees
Mr P Loughran
Address for correspondence
29 Tullynure Road
Cookstown
Co Tyrone
BT80 9XH
Registered Offlce
29 Tullynure Road
Cookstown
Co Tyrone
BT80 9XH
Independent Examiner
Seamus O'Neill FCA
Weir & Co
Chartered Accountants
23 High Street
Moneymore
Magherafelt
BT45 7PA
Bankers
Bank of Ireland
32 James Street
Cookstown
Co Tyrone
BT80 8LU
Règlstered Company No.
N1645044
Page 3

Llssan Hall Committee Llmited
A Company Llmlted by Guarantee
Report of the Trustees
Year Ended 30 Aprll 2023
The trustees, who are also directors for the purposes of company law, have pleasure in presenting
their report and the financial statements of the charity for the year ended 30 April 2023.
The Trustees confirms that the Annual report and financial statements of the Trust comply with the
requirements of the Trust's governing document, the Companies Act 2006 and have been prepared in
accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
for Small Entits'es.
This report provides information on Lissan Hall Committee Ltd's activities and financial performance
and it forms part of a range of public infomation designed to give an open account of our work.
TRUSTEES, RESPONSIBILITIES STATEMENT
The Trustees are responsible for preparing the Trustee's report and the financial statements in
accordance with Generally Accepted Accounting Practice in Ireland including the accounting
standards issued by the Accounting Standards Board and published by Chartered Accountants
Ireland.
The Trustees must not approve the financial statements unless they are satisfied that they give a true
and fair view of the state of affairs of the Trust and of the incoming resources and application of
resources, including the income and expenditure, of the Trust for that period. In preparing these
financial statements, the Trustees are required to..
11)
select suitable accounting policies and then apply them consistently.
12)
observe the methods and principles in the Charities SORP.,
13}
make judgements and estimates that are reasonable and prudent; and,
14}
to
presume that the Trust will continue in
business.
prepare the financial statements on the going concern basis unless it is inappropriate
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charitable Trust's transactions and disclose with reasonable accuracy at any time the
financial position of the Trust and enable them to ensure that the financial statements comply with
current statutory requirements.
The Trustees are also responsible for safeguarding the assets of the Trust and hence ft)r taking
reasonable steps for the prevention and detection of fraud and other irregularities.
STRUCTURE, GOVERNANCE AND MANAGEMENT
a) Governlng Docurnent
The organisation is a charitable company limited by guarantee, incorporated on 4 April 2017. The
company was established under a Memorandum of Association and is governed under its Articles of
Association.
Page 4

Llssan Hall Commlttee Limited
A Company Limited by Guarantee
Report of the Trustees
Year Ended 30 April 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT- continued
b) Recrultment and Appolntment of Management Committee
The directors of the company are also charity trustees for the purposes of charity law and are known
as members of the Management Committee.
OBJECTIVES AND ACTIVITIES
Liosan Hall Committee Ltd was established to manage and hold the lease of Lissan Church Parish
Hall. They will associate with local statutory authorities and other voluntary organisations to ensure
that the inhabitants of the Parish of Lissan and surrounding areas will have access to a meeting pla
and to a range of activities in the interest of social welfare for recreation, education or other leisure
time occupation with the objective of improving the lives of the said inhabitants.
Lissan Leisure Club and other clubs such as dancing, bowling and drama group use the hall on a
regular basis and it is our objective to make this facility as useful, warm and inviting as possible for all
people especially elderly people and people with special needs.
ACHIEVEMENTS AND PERFORMANCE
The Hall Renovations are now completed. A suspended ceiling and a click floor were added to the
stage. A cooker was purchased for the kitchen. The gable sign 'LISSAN HALL, was erected and the
perimeter fence was replaced. £37,000 in loans was paid back and we raised £900 during a coffee
morning. The retention on the renovations was also paid. A successful Whist Drive raised £2,465 in aid
of Macmillan Cancer Services. Everyone is impressed by the condition of the hall and we hope to be
able to maintain it for years to come.
FINANCIAL REVIEW
For the year ended 30 April 2023 Lissan Hall Committee Ltd had received £10,016, and had total
expenditure of £4,489 resulting in a surplus of £5,527. At 30 April 2023 Lissan Hall Committee Ltd had
total reserves of £33,887 of which £33,887 is unrestricted reseNes.
CHARITABLE PURPOSES
Lissan Hall Committee Ltd was formed to provide, maintain and improve a facility which would be
suitable to cater for the needs of other groups which would develop activities based in the community
in order to cater for people in the social isolated area in which we live. Our ambition as a group is to
gain financial support to achieve our goals.
INDEPENDENT EXAMINER
Weir & Co Chartered Accountants are deemed to be appointed under section 487(2) of the
Companies Act 2006. Signed on Behalf of the trustees..
Mr P Loughran
Director
Page 5

Lissan Hall Committee Limlted
A Company Limited by Guarantee
Independent Examlners Report
Year Ended 30 April 2023
I report on the accounts of the company for the year ended 30 April 2023 which are set out on pages
7-13.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The trustees are responsible for the preparation of these accounts. The trustees consider that an
audit is not required for this year under section 65 of the Charities Act (Northern Ireland) 2008 {the
2008 Act) and that an independent examination is needed
Having satisfied myself that the company is not subject to audit under company law and is eligible for
independent examination, it is my responsibility to..
examine the accounts under section 65 of the 2008 Act
to follow the procedures laid down in the general Directions given by the Charity Commission
under section 65 of the 2008 Act. and
to state whether particular matters have come to my attention
BASIS OF INDEPENDENT EXAMINER'S REPORT
My examination was carried out in accordan￿ with the general Directions given by the Charity
Commission.
An examination includes a review of the accounting records kept by the company and a comparison
of the accounts presented with those records. It also includes consideration of any unusual items or
disclosures in the accounts, and seeking explanations from you as trustees concerning any such
matters. The procedures undertaken do not provide all the evidence that would be required in an audit
and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the
report is limited to those matters set out in the statement below.
INDEPENDENT EXAMINER'S STATEMENT
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements..
to keep accounting records in accordance with section 386 of the Companies Act 2006.,
and
to prepare accounts which accord with the accounting records, comply with the
accounting requirements of section 396 of the Companies Act 2006 and with the methods
and principles of the Statement of Recommended Practice.. Accounting and Reporting by
Charities have not been met., or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding
of the accounts to be reached.
kA
Seamus O'Neill FCA
Weir & Co
Chartered Accountants
23 High Street
Moneymore
Magherafelt
BT45 7PA
Page 6

Lissan Hall Committee Llmited
A Company Llmited by Guarantee
Independent Examiners Report
Y8ar Ended 30 April 2023
Unrestricted
Restricted Total Funds
2023
Total Funds
2022
Income from:
Transfers In
Donatlons and legacles
Charitable activlties
50
50
120
9,966
9,966
10,646
Total Income
10,016
10,016
10,766
Expenditure on:
Charitable activltles
(4.489)
(4.489)
(7,868)
Total expenditure
(4,489)
14,489)
(7,868)
Net Income l (expenditure
for the year
5,527
5,527
2,898
Transfers between funds
Net movement in funds
5,527
5,527
2,898
Reconclllation of funds:
Total funds brought
forward
28,360
28,360
25,462
Total funds carrled forward
33,887
33,887
28,360
All income derives frorn continuing activities. therefore, no ststement of recognised gains or losses is
given.
The notes form part of these financial statements.
Pagè 7

Lissan Hall Commlttee Limlted
A Company Limited by Guarantee
Statement of financial posltion
Year Ended 30 April 2023
Note
2023
2022
Fixed Assets
Tangible assets
153,271
161,115
Current Assets
Cash at bank and in hand
9,611
12,160
NET CURRENT & FIXED ASSETS
162,882
173,275
Creditor5: amounts falling due
after more than one year
1128,995)
(144,915)
NET ASSETS
33,887
28,360
Represented by:
Unrestricted funds
33,887
28,360
Restricted funds
10
33,887
28,360
For the year ended 30 April 2023 the company was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Trustees, responsibilities..
The members have not required the company to obtain an audit of its accounts for the year in
question in accordance with section 476., and
The trustees acknowledge their responsibilities for complying with the requirements of the Act
with respect to accounting records and the preparation of accounts.
The charities accounts have been prepared andlor delivered in accordance with the provisions
applicable to companies, subject to the small companies, regime.
These financial statements were approved by the members of the committee and authorised for issue
on 25 January 2024 and are signed on their behalf by:
P Loughran
(Director)
Company Registration Number N1645044
The notes form part of these financial statements.
Page 8

Lissan Hall Committee Limited
A Company Limited by Guarantee
Notes to the Financial Statements
Year Ended 30 April 2023
1 ACCOUNTING POLICIES
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in
the preparation of the financial statements are as follows..
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard 102. Assets and liabilities are initially recognised at
historical cost or transaction value unless otherwise stated in the relevant accounting policy note{s).
b)
Preparation of the accounts on a going concern basis
The trustees are of the view that the measures taken during the year and subsequent to the yearond
have secured the immediate future of the charity and that on this basis the assessment of the trustees
is that the charity is a going concern.
Fund Accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular
purposes.
General funds may be transferred to designated funds where Trustees wish to use these funds for a
specific purpose. Such funds may be transferred back to general funds On￿ the criteria for the
designation have been met or are no longer applicable.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the Charity for particular purposes. The cost of raising and
administering such funds are charged against the specific fund. The aim and use of restricted funds is
set out in the notes to the financial statements. Restricted funds may only be transferred to general or
designated funds once the criteria for restriction have been discharged or no longer apply.
d)
Income Recognition Policies
Items of income are recognised and included in the accounts when all of the following criteria are met..
The charity has entitlement to the funds-
any performance conditions attached to the item of income has been met or are fully within the
control of the charity.
there is sufficient certainty that receipt of the income is considered probable,. and
the amount can be measured reliably
Donated services and facilities
In accordance with the Charities SORP {FRS 102), the general volunteer time of supporters is not
recognised.
Page 9

Lissan Hall Committee Llmited
A Company Limited by Guarantee
Notes to the Flnancial Statements
Year Ended 30 April 2023
1 ACCOUNTING POLICIES (continued
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third
party, it is probable that settlement will be required and the amount of the obligation can be measured
reliably. Expenditure is classified under the following activity headings:
Expenditure on charitable activities includes the costs taken to further the purposes of the charity
and their associated support costs
Other expenditure represents those items not falling into any other heading
gl
Tangible Fixed Assets
IndividLSal fixed assets are capitalised at cost and are depreciated over their estimated useful
economic lives as follows..
Asset Category:
Equipment
Buildings
Annual Rate
Straight line
Straight line
No depreciation is charged in year of acquisition or year of disposal.
h)
Creditors and Provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from
past event that will probably result in the transfer of funds to a third paty and the amount due to settle
the obligation can be measured or estimated reliably. Creditors and provisions are normally
recognised at their settlement amount after allowing for any trade discounts due.
Taxation
The company is a registered charity and the charitable tax exemptions are therefore being claimed to
the extent that income andlor gains are applicable and applied to charitable purposes only. These
exemptions will remain in place as long as income and expenditure is applied to charitsble purposes
only.
Page 10

Lissan Hall Committee Limlted
A Company Llmited by Guarantee
Notes to the Financial Statements
Year Ended 30 April 2023
2 Legal Status of the Charlty
The charity is a company limited by guarantee and has no share capital. In the event of the charity
being wound up the liability in respect of the guarantee is limited to £1 per member of the charity.
3 Income from Donatlons and Legacles
Total Funds
2023
Total
Funds
2022
Unrestricted
Restricted
Donations
50
50
120
50
50
120
4 Income from Charitable Activitles
Total
Funds
2022
Total Funds
2023
Unrestricted
Restrlcted
Ticket sales
Hall hire
Scrap metal
Grants
Coffee mornings
Sundry income
7,031
2,800
7,031
2,800
7,088
400
50
2,000
1,018
90
135
135
9,966
9,966
10.646
5 Analysls of expendlture on charitable activitles
Total
Funds
2022
Total Funds
2023
Unrestrlcted
Restrlcted
Insurance
Rent payable
Water rates
Professional fees
Hall repairs
Sundry expenses
Course fees
Aff11iation fee
Depreciation
Amortisation of grant
Bank charges
902
300
279
26
954
792
150
902
300
279
26
954
792
150
814
256
4,402
390
150
20
3,751
(2,019)
104
3,421
(2,433)
98
3,421
(2,433)
98
4,489
4,489
Page 11

Llssan Hall Committee Limited
A Company Limited by Guarantee
Notes to the Flnancial Statements
Year Ended 30 April 2023
6 Related Party Transactions
The charity was under the control of the board of trustees throughout the year. There are no related
party transactions to disclose under FRS 102.
None of the Trustees receive remuneration or other benefit from their work with the charity.
7 Tangible Flxed Assets
Buildings
Equipment
Total
Cost.. As 8t 01 May 2022
162,552
3,504 166,056
Additions
10,546
10,546
Disposals
(13,841)
(1,128) (14,969)
As at 30 April 2023
159.257
2,376 161.633
Depreciation..
As at 01 May 2022
3,174
1,767
4,941
Charge for the year
3,174
247
3,421
As at 30 April 2023
6,348
2,014
8,362
NBV as at 01 May 2022
159,378
1,737 161 115
NBV as at 30 April 2023
152,909
362 153,271
8 Credltors: amounts falling due after more than one year
2023
2022
Deferred grant
Private loans
106,836
22,159
128,995
98,915
144,915
Page 12

Lissan Hall Committee Limited
A Company Limlted by Guarantee
Notes to the Financial Statements
Year Ended 30 April 2023
9 Analysis of movements in Unrestricted Funds
Openlng
Incomlng
Balance Resources
Resources
Transfers
Funds as at
Expended Between Funds 30 April 2023
General Fund
28,360
10,016
(4,489)
33,887
28,360
10,016
4,489
10 Analysis of movements
in Restricted Funds
Openlng
Incoming
Balance Resources
Resources
Transfers
Funds as at
Expended Between Funds 30 April 2023
Page 13