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
perf0m￿nCe 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 ac￿rual basts as a liability is incU￿ed. 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 y￿r
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.

KI￿ockS 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