Cb.8rity number: 108227 Knocks People's Community Enterprises Trustees, report and financial statements for the year ended 31 March 2023
Knocks People's Community Enterprises Contents Page Legal and administrative infonnation Trustees report Independent examiners, report Statement of financial activities Balance sheet Notes to the financial statements
Knocks People's Community Enterprises Legal and administrative information Charity nurnber 108227 Registered office 39 Knocks Road Lisnaskea Co. Fernianagh BT92 SAT Trustees Eamon Keenan Barry Murray Paul McGoldrick James Maguire Accountsnts Ctudden Dolan Limited 23-25 Darling Street Enniskillen Co. Fermanagh BT74 7DP Bankers Ulster Bank Dar.ing Street Enniskillen Page I
Knocks People's Cammunity Enterprises Report of the trustees for the year ended 31 March 2023 The Irustees present their report and the financial statements for tb.: yeat ended 31 March 2023. The trustees who served during the year and up to the date of this report are set out on page l. Structure? governance and management Who we are KPCE was established to, insofar as it is charitable by law, promote the benefit of the inhabitants of the Knocks and Erne EasUFem)anagh areas without distinction of age. gender. race, political, religious or other opinion. Objectives and aetivities The benefits of our seryice It is hoped the service users will be afforded greater access to arts and recreation allowing them the opportunity to explore individual creativity. Achievements and perfonnance The Charity continues to receive support from its volunteers and the goodwill of the service users and their families, as well as members of the gen¢ral public, to allow this vital service to be perfonned for the foreseeable future. Financial review The CharTty had a surplus in the year ended 31 March 2023 of £3,867. Overdll the Charity has cash ndS of £12,986 as at 31 March 2023 (31 March 2022.. £-). Ststement of trustees, responsibilities The trustees are responsible for preparing the Trustees, Annual Report and the financial statement5 in accordance with applicable law and United Kingdom Accounting Standards (Charities Act (Nl) 2008 & Amend¢d 2022 and Charities SORP (FRS 102)). Law applicable to charities in Northerrj Ireland requires the trustees to prepare fmancial statements for e(4¥h financial year which fjive a trne and fair view ot charity and -f the incoming resources "nd application of resources of the chariLy for that year. In preparing these financial staten]ents the Irustees -re required to= select suitable accounttng policies and then apply them consistently- observe the methods and PL inciples in the Charities ORD- make judgements and estim_ates that ar¥ reasonable and Fwdent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclos and explained in the financial tsta*piiient5- and prepare the financial state.ments on the going co-..cern basis unless it is inappropriate to presiime that the charity w'ill continue in operation. The trustees are reqnonsible for keerjing proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and ep.9bie them to enJure that the financial statement5 comply with the the Lharities Act (Nl) 2008 . They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps foi the prevention and detection of fraud and other irregularities. Page 2
Knocks People's Community Enterprises Report of the trustees for the year ended 31 March 2023 Oil behalf of the board Barry Murray Trustee Trustee 27 January 2026 Page 3
Knocks People's Community Enterprises Independent examiner's report to the trus:ees on the unaudited financiaI statements of Knocks People's Community Enterprises. i report on the accounts of Knocks People's Community EnterFri5e& for the year ended 31 March 2023 set out on pages 2 to9. Respective responsibilities of trustees and independent examiner The charity's trustees are responsible for the preparation of the accounts. It is my responsibility to state, on the basis of my examination. whether particular matters have come to my attention. Basis of independent examiner's statement My examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosure5 in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidenc¢ that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. Independent examiner's Statement In connection with my examination, no matter has come to my attention.. (t) which gives me reasonable cause to believe that in anv material respect the trustees have not met the requirements to ensure that". proper books of account are kept in accordance with the Charities Act (NI) 2008 & Amended 2022. and accounts are prepared which agree with the books of account and comply with the accounting requirements of the Act. or (li) to which, in my opinion, attention should be drawTh in order to enable a proper understanding of the accounts to be reached. Catherine Crudden FCA Independent examlner Crudden Dolan LimAted 21_25 Darling Street Enniskillen Co. Fermanagh BT74 7DP Page 4
Knocks People's Community Enterprises Statement of financial activities For the year ended 31 March 20?3 Unrestricted funds 2023 Totsl Incoming resources Incoming resources from generating funds-. Voluntary income Notes Total incoming resources 14.753 14.753 14,753 14,753 Resources expended cost of goods sold and olrier COSiS Governance costs 10,248 8.372 10,248 8,372 Total resources expended 18,620 18,620 Net ineome for the year Net movement in funds (3,867) (3,867) Total fitnds brought forward Prior year adjustment (3,867) (3,867) (4,379) (4,379) 13,498 13,498 Restated total fijnds brought fonvard 9,119 9.119 Totsl funds carried fonvard 5,252 5.252 The notes on pages 7 to 9 form an integral part of these financial ststements. Page 5
Knocks PeGple's Community Enterprises Balance sheet as at 31 March 2023 2023 Notes Current assets Cash at bank and in hand 10,119 Creditors: amounts falling due within one year Net current assets 10,119 { 1,000) 9,119 Net assets 9.119 Funds Unrestricted income funds 9.119 Total funds 9,119 The financial statements were approved by the trustees on 27 January 2026 and signed on its behalf by Barry Murray Trustee The notes on pages 7 to 9 form an integral part of these rlnancial statements. Page 6
Knocks People's Conmunity Enterprises Notes to financial statements for the year ended 31 March 2023 Accounting policies The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout tne year. Basis of aecounting The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities, effective January 2016 (SORP FRS 102) and th¢ Charities Act (NI) 2008 & Amended 2022. Incoming resourees All incoming resources are included in the slateTnent of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.. Voluntary Income is received by way of grants. donations and gifts and is included in full in the statement of financial activities when receivable. Granls where entitlement is not conditional on the delivery of a specific perf0mnCe by the charity, are recognised when the charity becomes unconditionally entitled to the grant. Donated services and facilitieJ are included at the value to the charity where thts can be quantifial. The value of services provided by volunteers has not beeii included. Gifts donated for resale are included as ir.coming resource5 within activities for generating funds when the), are sold. 1.3. Resources expended Expenditure is recognised on an acrual basts as a liability is incUed. Expenditure includes any VAT which cannot be fully recovered, and is repo1.d as part oKthe expenditure to which it relates. Charitable expenditure comprises tFIOie costo incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both 0s*s that can be allocated directly to such activities and those C-tS r)f an indirect nature necessary to siipport them. Fun.:aisiD(T costs are those incurred in seeking voluntary contribL&ions and do not include the cost5 of disseminating information in support of th¢ charitable activities. 1.4. Rpsearch ar.d development Research expenditure is written off to the profit and Ios5 account in the year in whicii it 15 incurred. Page 7
Knocks People's Cammunity Enterprises Notes to fiiiancial statements for the year ended 31 March 2023 Voluntary ineome 2023 Total Other Misc Income Rent income to KPCE Donations received Short terni loans 3,304 6,000 2,449 3,000 14.753 Employees Employment costs No salaries or wages have been paid to employees, including the trusfres, during the year. Number of employees The average monthly numbers of eTnployees (including the trustees) during the year, calculated on the basis of full time equivalents. was as follows.. 2023 Number Prior year adjustment Creditors: amounts falling due within olle yr 2023 Accruals deferred income I,ooo Analysis of net sssets between funds (reslaled) Total runds Unrestricted funds und balanc¢- at 31 March 2023 as represented by: Cash & BanK Balances 10,119 10,119 10,119 10.119 Page 8
Knocks People's 0Mmunity Enterprises Notes to finaneial statements for the year ended 31 March 202) (rulated) At 6th April Incoming Outgoing resources resources Unrestrieted funds 5th April 2023 General nd 13.067 14,753 (18,701) 9,119 Page 9
Knocks People's Community Enterprises The following pages do not form part of the statutory accounts.
KIockS People's Community Enterpri8es Detailed statement of financi&l activities For the year ended 31 March 2023 2023 Incoming resources Incoming resources from generating funds: Voluntary income Other Misc Incorne Rent income. to KPCE Donations received Qhort terni loans 3,304 6,000 2,449 3,000 14,753 Totsl incoming resourees from generating funds 14,753 Totsl incoming resources Activity 2 Community garden expenditure Repairs 5.531 4,717 10,248 Total fundraising trading cost of goods sold and otF.e costs 10.248 otal Costs of generating fup_ds 10,248 Page 11
Knocks People's Community Enterprises Detalled statement of financial activities For the year ended 31 March 2023 2023 Charitable activities Governance costs Aclivilies underlaken direcily Establishment - Rent Establishmpnt - Insurance Other motor & travel expenses Professional - Auditor remuneration Bank charges & fees 5.500 385 742 10 Total governance costs 8,372 8.372 et incomingl(outgoing) resources for the year (3,867) Page 12