Company registration number: N1054012
Charity Commission Nl number: 100066
Cullybackey Community Partnership
Company limited by guarantee
Unaudited financial statements
31 December 2023

Cullybackey Communlty Partnership
Company limited by guarantee
Contents
Page
Reference and administrative details
Trtjstees report
Independent examiners report
Statement of financial activities
Balance sheet
9-10
Notes to the financial statements
11-16

Cullybackey Community Partnership
Company limited by guarantee
Reference and administrative details
Trustees
Thomas Simpson
Robert Kerr
Sarah Boyd
Margaret Murphy
Ruth Orr
Maureen Johnston
Elizabeth Kyle
Catherine Lo3an
Joan McKibbin
Robert McNeilly
Elizabeth Steed
Robert Colville
Paul Christie
Oonagh Dalton
Jayne Hutchinson
Georgina Peacocke
Coleen Christie
Jonathon Fulton
Rev Adrian Ronald Halligan (Resigned 30 August 2024)
Roy McLean
Andrew Sands
Richard Hanna
(Resigned 30 August 2024)
(Resigned 30 August 2024)
(Resigned 30 August 2024)
(Resigned 10 May 2023)
(Resigned 30 August 2024)
(Appointed 10 May 2023)
(Appointed 26 March 2024)
Company number
N1054012
CCNI number
100066
Reglstered offlce
Maine Business Centre
82 Maln Street
Cullybackey
Ballymena
BT42 18W
Accountants
Potter Finnegan Limited
Unit 25 The Coutyard Business Park
190 Galgorm Road
Ballymena
Co. Antrim
BT42 1HL
Bankers
Danske Bank
1- 2 Broadway
Ballymena
Co. Antrim
BT43 7AA
Sollcltors
Greer Hamilton & Galley
27 High Street
Ballymoney
Co. Antrim
BT53 6AJ
Page 3

Cullybackey Community Partnership
Company limited by guarantee
Trustees report
Year ended 31 December 2023
The trustees present their report and the unaudited financial statements of the company for the year ended 31
December 2023.
Objectlves and Actlvltles
The partnership exists to benefit the inhabitants of Cullybackey and its environs and advance community
development for the benefit of the public.
The partnership changed its name in 2016 from Cullybackey Improvement Association. The change of name
was agreed following the amalgamation of Cullybackey Improvement Association and Cullybackey
Development Association. The memorandum and articles of association of Cullybackey Community Partnership
have been updated. All outstanding assets and liabilities of Cullybackey Development Association were
transferred to the partnership in 2017.
We have concentrated on running our social enterprise and thereby providing opportunity for small business to
grow. We have some very community orientated tenants who provide a service Ihrough promoting healthy
activities, sUPPOrting vulnerable members of society. and caring for the wellbeing of those with poor mental
health. This focus on our tenants will provide income for the charity in years to come and help secure the ability
of the charity to irnprove the village of Cullybackey.
Besides the social enterprise, there has been significant focus on other objectives of the charity. This includes
the promotion of social inclusivity and enhancement of the natural environment. This includes the provision and
maintenance of flowerbeds. growing wildflowers. establishing a small orchard, major improvements to the
Riverside Path including a green gym. notice boards and developing a community garden. In relation to social
inclusivity. we have engaged with the community in 2023 through the King's Coronation festival with almost
2,000 attendees, a very successful Christmas celebration event, various classes and workshops including
paediatric first aid, initiation of a new pharmacy project and have supported our membership of Bann Maine
West through involvement in their social enterprise project.
Achievement and Performance
In all activities undertaken throughout the year the trustees have had regard to the guidance provided on public
benefit and have concluded that the community has evidenced the benefitthrough verbal feedback, their support
at communily events and their interest in the community newsletter and Facebook. An online community suNey
in January 2023 also provided positive feedback from the local community to the work of CCP as well as
suggesting ideas for future activities. They have also demonstrated a pride in bringing about environment
improvements. In summary the main achievements have been..
Continued management of a successful letting business for the benefit of the community.
Maintenance and enhan￿rnent of the natural environment (including Ulster in Bloom and G￿en Flag
award recognition for 2023).
Raised funds for the Nl Air Ambulance.
Nl Housing Executive Rural Community AvRrd
Promotion of social inclusion and good relations through the staging of various community activities
including King's Coronation Event.
Promoting the use of the new community Spa￿ resulting in the area hosting events, classes and various
meetings.
Successful participation in our community cluster group activities through their renting of retail space in
the Maine Business Centre to accommodate a hub and gift shop. This not only brings in rental income
but also promotes community involvement and tourism.
A very successful Christmas Festival
Grant of £10.000 awarded by the National Lottery for summer and winter feslivals and various
community classes.
Group received the King's Award for voluntary Service {KAVS).
Ongoing collaboration and building strong relationships with local organisations including schools,
churches, youth organisations and local businesses.
Page 4

Cullybackey Community Partnership
Company IlmSted by guarantee
TTUStees report
Year ended 31 December 2023
Financial Revlew
The charity continues to rely on rental receipts as its main source of income although we conlinue to seek grant
funding from various sources and receive sponsorship of ourwork. Occupancy rates has almost reached 1 OODk.
Use of the top floor in the Maine Business Centre has increased substantially. Normal maintenance on the
building was undertaken.
Plans for Future Perlods
Our future plans include a concentration on environmental improvement with an emphasis on promoting tourism.
We also have plans to promote a healthy lifestyle through our walking group and other health related projects
including the pharmacy scheme.
We already have a quarterly newsletter keeping the community informed of what is going on and we have
extended this to include regular posting on Facebook.
The fitting out ofthe community space has generated a considerable increase in current income. Several groups
use it for their meetings, and we are just building up our educational and hobby classes. The top floor office
continues to be let out on an annual basis.
Participation in the village renewal scheme has led to the instsllation of an outdoor gym along the Riverside
path and the erection of information boards detailing the flora and fauna in the area. This has and will continue
to facilitate working with Galgonn Manor (who own the riverside path) lo bring about environmenlal
improvements.
Plans are in place to work with Translink on developing the Community Orchard as an outdoor teaching space
for Buick Memorial School. The development of the Cullybackey Men's Shed is a key priority for 2024. We are
also looking at other projects such as allotments, a community garden and other community opportunities.
structure, Governance and Management
Cullybackey Community Partnership is a company limited by guarantee govemed by its memorandum and
articles of association. It is registered as a charity with the Charity Commission for Northern Ireland. Anyone
over the age of 16 who is a resident in the Cullybackey area can become a rnember. During the year there were
52 members.
During the year, the charity was managed by a number of trustees with various abilities.
In the interest of succession planning. we have recruited one new trustee in 2023. We hold monthly meetings
and an annual general meeting. Vve operate under the guidance of a Chair and Vice Chair together with
secretary and treasurer.
Small Company Provisions
This report has been provided in accordance with the provTrsions applicable to companies entitled to the small
company's exemption.
This report was approved by the Board on 20 September 2024 and signed on behalf of the Board by:
Roy Colville
Trustee
Paul Christie
Trustee
Page 5

Cullybackey Community Partnershlp
Company limited by guarantee
Independent Examiner's Report to the Trustees of Cullybackey Communlty Partnershlp
Year ended 31 December 2023
We report on the accounts of the company for the year ended 310ecember 2023. which are Set out on pages
8t015.
Respective respon8ibllities of trustees and examlner
As the charity trustees (and also the directors of the company for the purposes of company law) you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.
Having satisfied myselfthat the charity 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 Charities Act (Northern Ireland) 2008:
. follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland
under section 65{9)(b) of the Charities Art and
• state whether particular matters have come to our attention.
Ba818 of Independent examlnerf8 report
We have examined your charity accounts as required under section 65 of the Charities Act and our examination
was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland
under section 65(9)(b) of the Charities Act. The examination included 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 disclosures in the accounts and seeking explanations from you as charity trustees
conceming any such matters.
Our role is to state whether any material matters have come to our attention giving us cause to believe:
1. That accounting records were not kept in accordance with section 386 of the Companies Act 2006
2. That the accounts do not accord with those accounts'ng records
3. That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006
and with the methods and principles ofthe Charities Statement of Recofflmended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of I reland
4. That there is further information needed for a proper understanding of the accounts to be reached.
Page 6

Cullybackey Community Partnershlp
Company Ilmited by guarantee
Independent examiners report to the trustees of Cultybackey Community Partnership (continued)
Year ended 31 December 2023
Independent examlnerf8 Statement
We have completed ry examination and have no concems in respect of the matters (1) to (4) listed above and,
in connection with following the Directions of the Charity Commission for Northem Ireland. we have found no
Matters that require drawing to your attention.
ohn Flnnega
Potter Finnegan Limited
Chartered Accountsnts
Unit 25 The Courtyard Business Park
190 Galgorm Road
Ballymena
Co Antrim
BT42 1HL
20 September 2024
Page 7

Cullybackey Community Partnership
Company Ilmlted by guarantee
statement of flnanclal activities
Year ended 31 December 2023
Unrestricted Restricted Total Funds Total Funds
Funds
Funds
2023
2022
Note
Incomlng resources
Donations
Income earned from charitable activities
Income earned from other trading activities
Investment and other income
Total Incomlng resource8
2,620
9,422
67,739
2,620
31,441
67,739
2,945
14,612
71,432
22,019
79,781
22,019
101,800
88,989
Expendlture
Cost of raising funds
Expenditure on charitable activities
Other expenditure
Total expenditura
(3,520)
(749)
77,812
182,081)
(3,520)
(20,235)
(2,426)
(17,015)
74,014
(93,455)
(19,486)
119,486)
(101,567)
Net Income l (expendlture)
Transfer between funds
Net movement In funds
(2,300)
2,533
233
(4,466)
14
17,832)
8.065
233
(4,466)
Reconclllatlon of funds
Total funds brought forward
Total funds carried forward
14
14
106,942
99,110
3,944
12,009
110,886
111.119
115 352
110,886
All the activities of the company are from continuing operations.
The notes on pages 11 to 15 form part of these financial Statements.
Page 8

Cullybackey Community Partnership
Company Ilmlted by guarantee
Balance sheet
31 December 2023
2023
2022
Note
Fixed Assets
Tangible assets
10
174,357
210,073
174,357
210,073
Current assets
Debtors
Cash at bank and in hand
11
.14.048
19,681
69 078
88,759
98.430
Creditors: amounts falllng due
within one year
12
(11,960)
(7.819)
Net curront assets
86,470
80,940
Total assets less current
Ilabllltios
260,827
291,013
Credltors: amounts falling due after
more than one year
13
(149,708)
(180,127)
Net assets
111,119
110,886
Thé funds of the charity
Unrestricted funds
Restricted funds
Totsl charfty funds
99,110
12,009
111,119
106,942
3,944
110,886
14
For the year ending 31 December 2023 the company 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 accordan￿ 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.
The notes on pages 11 to 15 form part of these financial statements.
Page 9

Cullybackey Community Partnership
Company Ilmitod by guarantee
Balance sheet (contlnued)
31 December 2023
These financial statements have been prepared in accordance with the provisions applicable to companies
subject to the small companies, regime and in accordan￿ with FRS 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland,.
These financial ststements were approved by the board and authorised for issue on 20 September 2024, and
are signed on behalf of the board by:
Roy Colville
Trustee
Paul Christie
Trustee
Company registration number: N1054012
The notss on pages 11 to IS form part of these flnanclal statements.
Page 10

Cullybackey Community Partnership
Company limited by guarantee
Not￿ to the financial statements
31 December 2023
General information
The company is a private company limited by guarantee, registered in Northern Ireland. The address of
the registered office is Maine Business Centre. 82 Main Street. Cullybackey, Ballymena, B T42 1 BW.
Statement of compliance
These financial statements have been prepared under the historical c05t convention and in accordance
with the Statement of Recommended Practice 'Accounting and Reporting by Charities (SORP 2015),,
issued in July 2014 and the Companies Act 2006
Accounting policie8
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 profi't
or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Income
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 policies are applicable to particular
categories of income:
Income from fundraising, donations and grant is recognised when there is evidence of entitlement,
receipt is probable, and its amount can be measured reliably.
Rental income is measured at the fair value of the consideration received or receivable net of
discounts and Value Added Tax.
Tangible assets
Tangible assets are initially recorded at cost and are subsequently stated at cost less any accumulated
depreciation and impairment losses.
Any tangible assets carried at ￿valued amounts are recorded at the fair value at the date of
revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment
losses.
An increase in the carying amount of an asset as a result of a revaluation, is recognised in other
comprehensive income. and accumulated in capital and reserves. except to the extent it reverses a
revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the
carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to
the extent of any previously recognised revaluation increase accumulated in capital and reseNes in
respect of that asset. Where a revaluation decrease eX￿edS the accumulated revaluation gains
accumulated in capitsl and reserves in respect of that asset. the excess shall be recognised in profit or
loss.
Page 11

Cullybackey Community Partnership
Company limited by guarantee
Notes to the financial statements {contlnued)
31 December 2023
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residLJal value,
over the useful economic life of that asset as follows-
Land and buildings
Fixtures, fittings, and equipment
50
20%
straight line
straight line
If there is an indication that there has been a significant change in depreciation rate, useful life or
residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Government grants
Grants are credited to deferred revenue. Grants towards capital expenditure are released to the profit
and loss account over the useful life of the assets. Gtants towards revenue expenditure are released to
the profit and loss account as the related expenditure is incurred.
Incoming resources from charitable actlvltles
Unrostrictod Restricted Total Funds
Funds
Funds
2023
Fundraising income
Grant income
4,422
5,000
9,422
4,422
27,019
31,441
22,019
22,019
Unrestricted Restricted Total Funds
Funds
Funds
2022
Fundraising income
Grant income
2.648
2,648
7,231
7,381
14,612
Incoming resources from other tradlng actlvltles
Unrestricted Restrlcted Total Funds
Funds
Funds
2023
Rental income
Room hire and other income
Deferred grant ￿leaSed
30,814
6,506
30,419
67.739
30,814
6,506
30,419
67,739
Unrestricted
Funds
Restricted
Funds
Total Funds
2022
Rental income
Room hire'and other income
Deferred grant released
33,094
7.919
30.419
71.432
33,094
7,919
30,419
71,432
Page 12

Cullybackey Community Partnership
Company Ilmlted by guarantee
Notes to the financial statements (continued)
31 December 2023
Incoming resources from other activ5t5es
Unrestricted Restricted Total Funds
Funds
Funds
2023
Investment income
Unrestricted Restricted Total Funds
Funds
Funds
2022
Investment income
Expendlture on charltable activitles
Unrestrlcted Restricted Total Funds
Funds
Funds
2023
Christmas events expenditure
Village improvements
Pharmacy project expenditure
Translink project expenditure
Volunteer Dinner expenditure
Keep Nl beautiful expenditure
MEA Environmental expenditure
Rotary grant expenditure
Jubileelcoronation grant expenditure
7,409
7.409
749
2,425
1,334
1,617
1,094
433
184
4,990
20,235
749
2,425
1,334
1,617
1,094
433
4,990
19,486
749
Unrestricted
Funds
Restricted
Funds
Total Funds
2022
Christmas events expenditure
Village improvements
Pharmacy project expenditure
Translink project expenditure
Toyota Project expenditure
MEA Environmentsl expenditure
Rotary grant expenditure
Jubilee grant expenditure
4.995
4.995
3,721
5,418
36
813
986
210
836
17,015
3,721
5,418
813
986
210
836
13,294
3.721
Page 13

Cullybackey Community Partnorship
Company limited by guarantee
Notes to the financlal statements (contlnued)
31 December 2023
Total other expenditure
Unrestricted Restrlcted Total Funds
Funds
Funds
2023
Premises expenses
Room hire expenses
Repairs and maintenance
General admin expenses
Legal and professional fees
Depreciats'on of fixed assets
Bad debts
7,223
1,478
6,812
4,178
13,910
35,716
8,495
77,812
7.223
1,478
6,812
4,178
13,910
35,716
8,495
77,812
Unresiricted
Funds
Restricted
Funds
Total Funds
2022
Premises expenses
Repairs and maintenan
General admin expenses
Legal and professional fees
Depreciation of fixed assets
Bad debts
7,178
12,176
4,354
12,280
35,986
7,178
12,176
4,354
12,280
35,986
74.014
74,014
Taxation
The company is a registered charity and is, therefore. exempt from taxation.
10.
Tangible assets
Freehold
Flxtures,
Property fittlngs, and
equlpment
Motor
Vehlcles
Total
Cost
As at 1 January 2023
Additions
As at 31 December 2023
707,457
22.658
1.350
731,465
707,457
22,658
1,350
731,465
Accumulated Depreclatlon
As at 1 January 2023
Charge for the year
As at 31 December 2023
498.123
35.373
533,496
21.919
343
22,262
1.350
521,392
35,716
557,108
1,350
Net book value
As at 31 December 2023
As at 31 De￿rnber 2022
173,961
209,334
396
739
174,357
210,073
Page 14

Cullybackey Community Partnership
Company limited by guarantee
Notes to the financial statements (continued)
31 December 2023
Debtors
2023
2022
Debtors
Prepayments
13,532
516
14,048
19,165
516
19,681
12.
Credltor8: amounts falling due within one year
2023
2022
Creditors
VAT liability
Accruals
2,603
1,084
8.273
11,960
3.335
1,203
7,819
13.
Credltors: amounts falllng due after more than one year
2023
2022
Deferred income
149 708
149,708
180,127
180,127
14.
Summary of Fund5 Reconciliation
Openlng
balance
Income
Expenditure
Transfers
CIo8ing
balance
Unrastrictsd funds
General
106,942
106,942
79.781
79,781
82,081
(82,081)
5.532
(5,5321
99,110
Re8trlcted funds
Restricted funds
3.944
3,944
110,886
22,019
22,019
101,800
19.486
(19,486)
(101.567
5,532
5,532
12,009
12,009
111,119
Page 15