FINAIYCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2022
CHARTfY REG Ntr. I(M1677
COMPANY LTh￿ED BY GUARANTEE AND NOT
HAVING A SHARE CAP￿AL
COMPANY Ntr. NI 617382

BRAID COMMUNITY ASSIXIATION
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
CONTENTS
P*ge
Administrative dct
Report of the Board of Tn]ste
Illde￿dent Examiners, Rqx)rt to the TTU5t￿s
Statement of Financial Acttviti
Balance Sheet
Notes to the Financial Statements
9-12

BRAID COMMUNfTY AS5(￿[ATION
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
ADMINISTRATIVE DETAILS
Ch*rhbk eonwy name BTrid CoDuThmty Association
Ch*rlty referenee number
MC i(￿￿77
CoDwany reference number
N1617382
37 Longmore Road
The Btaid
Cowity Antrim
BT43 7JR
Deni￿ Forde
CamKI M¢Kcndry
Maeve BiThl
Mary Elizabeth Devine
Moira Dobbin
Williarn Mitchell
Rosaieen Mitchell
Roth Milckll
Secretary
Cam)el McKaMIry
Independent Examlner
K Higgins FCA
9 Knockanully Ro
Martinstown
Baltyn￿a
BT43 7LZ
Bankers
Santander Bank
J 31 Chw¢h Strect
BT43 6DG
IIPdgie

BRAID COMMUNITY A&SOCtATION
REPORT OF THE BOARD OF TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022
The Board of Th￿ceS present their report and financial statements of the Association for the year
ended 31 March 2022. The TDJstees have ￿0Pted the p￿VIsIOnS of the StatenKnt of Recommended
Practice (SORP) "Accounting 8nd Reporting by ￿le9- IFRS 102) iti prep2rAng the arniual report
and fllwicial statements of the A&sl￿Sat￿M￿
The fllwicial stat¢mcnts have becn ptqwcd in Xu)[dan￿ with th¢ accounting policies set out in
the notes to the fmanGial stat¢ments and compty with the AsS￿lation,S governing docunKnt, the
Charities Act (Northern Ireland) 2(K)8. Clwities (Accounts and Reports) Rcgulations (Northern
Ireland) 2015, and Charities SORP (FRS 102) Accounting and Rq)orting by Clwities: Statement of
Recomll￿nded Practice applicable to cR)arAties prepry their *c￿ll￿ts tn accordanc¢ with the
Financial Reporting Standard applicable in the UK gnd Republic of Ireland (FRS 102).
REFERENCE AND ADMINISTRATIVE DETAILS
RefaEn¢e and adminithtive details are slM)wn in the xheduk of T￿￿te¢S of the Association and
professional advis¢t5 on pagc l of the fuwicial stateDMt&
TRUSTEES OF THE ASSOCIATION
The Directors of the A&wiatKm are its Tn￿tee$ for the pur￿￿ of ¢harity law.
Th¢ TnL8tees who servryl the wy during the yrnrw¢re &5 follows:
DeDiS¢ Forde
CarnKI McKendry
Maeve Bitd
Mary Elizabeth Devine
Moirn Dobbin
William Mitchell
Rosaken Mitthclj
PUBLIC BENEFIT STATEMENT
The directors of Braid Comrnurrity A&wciatiOQ CODfun) that tlw bave l￿d due regard for the
guidance on Public Benefit by the Charity Commiwn for Northern Ireland and are pleased to
report tbat durlng the period the A￿CiatIon continued to provide the Public Benefits througb
progran1n￿ and serrfices we offer. In particular. the directors consider how planned activiti¢s will
contnbute to the aim8 and obi￿tiV￿ they have set.
Publk Beneffits
The direct benefits which flow from the obie¢ttv¢s of Brdid Communty Association a￿ to tum the
fonller Old Brdtd Piitnary School into a wmtDurity ¢¢ntrq offwing ¢kn and a meeting place
211)age

REPORT OF THE BOARD OF TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022
PUBLIC BENEF￿ STATEMENT {¢onthiued)
where pei)pl¢ of all ag￿ ¢an get together and interact Is orntiy there is no ctoswonllnunity
space availabk in the aro and ID so doing reduce the effects of rural isolation and improve the
health of the conimuDity. There is no private benefit fk)wing from the pu4)oses.
OBJECTIVES AND ACTIvrriES
The principal activities of the A￿oCIation ar¢ as staled ID its CODStitution:
To promote the benefrt of tbe inhabitsths of the Braid Valley and distrirt. County Alltti￿ without
distinction of gender, sexual Orientatio￿ age. disability, race, etbnicity. or political, religious or
other opinion by &wKiating with the statutory authoritie4 voknitsry and COD]murrity organisations
and inbabitants in a effort.
STRUCTURE GOVERNANCE AND MANAGEMENr
Governln Documut
Braid Community Association i8 a ¢onwany limited by guardntee not having a sharc wiital and
avaib of the use of 'Limitd' ex¢mpt¥)n. The Company w&8 incorporated on 19 Ma￿h 2013. The
AS8(￿latIOn is re￿rtered with the Nl Charity COm￿n as of 19 Octob¢r 2014 . Charity No:
100677.
O allL%xtlonal strne￿re and rel4ted arlkg
RespoDsibilitie5 for the activities of the A&8ociation iq in and canied out by a Board of
T￿￿te¢S whicb meets at intervals throughout the perKxI. Ttustees may be ap￿Inted by resolution of
a meeting of the Board of Trustee& None of the Tn￿e¢S TK¢tvc renxumtM)n or otlier benefit
from their WO￿ with the clwity. Any CODllertion between a TDJStee of the Charity with a
onttacted supplier Dm]St be disclosed to the BoJrd in the sanx way &8 any other contractual
relationship with a related Imrty. In the ¢urrent year th￿¢ are no such related party transaction8 to
Recrulthien
knd•¢tknn #Dd tr*lDiD
The Boanl of Tntstees have b¢¢n involved the Ass(Kiation for several y¢w5 and so are familiar
with its WOtL Th¢ T[￿st￿% regularty review the requIrem￿ts of the Association and tbe po&sibility
of a need for additional TNstees. Appropriate training al￿ induction are available to all new
Th￿tee8.
Flnanclal m￿1
n*nt ob
ethes and
The Trustees have ov￿all r¢s￿￿1b1]lty for enswing tlwt thc A&wciation has it) pJ8¢¢ an
appropTiatC Sy8tan of controls. fllw)cial and othffwise.
The Tn￿tee5 have assc&%ed the major risks to which th¢ Association is exposed, in particular thos¢
related to the operations and fllwices of the A&wciation and are ￿15r￿d the SYSten￿ are in place to
mitigate any exposure to nwr ri8ks.
31PagJe

BRAID commu￿ Ass(￿lATIoN
REPORT OF THE BOARD OF TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022 (eonlknoed)
ACHIEVEMENTS AND PERFORMANCE
The Company is a non*rofit nuking Organi￿tKIll. TO1￿ inconK for the year amounted to £4,177
(2021: £4,998). Income derived fmtn donatiow 4tyJ legac￿3 a￿￿ted to £niJ (2021: £695) and
other income amounted to £4,177 (2021: £4.303}.
Total expenditure for the year amounlcd to fA222 (2021: £2.581).
Th¢ n¢t income for the year an￿Unted to -£46 (2021: £2,418) with net assets of £2,579 (2021:
£2.625) * 31 March 2022. The Tn￿e¢S consider that the a Satisfactory POSitioo
to ¢arry on its rhatitable activitie&
The Charity has successfuIty provided a range of *ivities to target groups in tbe year. The Old
Braid Prlmary Sch￿1 i8 used for ¢18sscs and ibe pmises are rented out to locals. Brnid
Community A&￿latIOn are gtateful to tbe Coniinunity Fund and Mid and East Antsim Council for
their genemus funding ID 2021- 2022. The Association h&s also S￿ur￿l funding from NICHI for
exercise cla&8es to nm in 2022- 2023.
PLANS FOR FUTURE PERIODS
Theff a￿ no tnajor ththges eovi&gged in the foreseeabk futUT¢.
TRUSTEES RESPONSIBILrrY STATEMKNT
The Th￿te¢s (who are akn the di[￿t0￿ of Brnid Cornm￿ty A&80ciation} for the of
company jaw) are res￿nsible for preparing the Ttustees. Annual Rew)rt and th¢ fllwicial
8tatement8 in accordance with applithk law and United Kingdom Aw)untin8 Standards Iunited
Kingdom Generdlly ACc¢Pt￿ Acwunting Prdctice) including FRS 11)2 "The Fitwicial Reporting
Standard applicable in the UK and Republic of Ireland"
The law 8pplicabk to charities ID Northern IrelaThl requires th¢ directo￿ to prepaR fm8ncial
8tatements for each fmancial I￿ri(mI whKh give a true and fair view of the of the A&8ociation and of
the In￿Ming resources ond application of resource4 in¢ludin8 the income and expenditure, of th¢
AssxiatlOD for that puiod. In prepari￿ these statetbKnty the d1￿CtorS are required to:
s¢leth suitable accounting p)]icies and then appty them CODSiStently.
observe the methods and prlncipks in th¢ ChaTtlies SORP 2015 (FRS 102).
make judgements and xcounting ¢stittwtes that are reasonabk and pn￿ent.
state whether applicable UK Accountitig StandaTds have been followed, subject to any material
departures disclosed and explained tn the rjnancial statements.
prepare the fmancial statements OD the going concern b&8i8 unlts8 it is inappropriate to
p￿uMe that the A&8ociatiot) will continu¢ in Op￿tion.
41PaLFe

BRAID COMNIUNT￿ ASSOCIATION
REPORT OF THE BOARD OF TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022
TRUSTEES RESPONSIBILITY STATEMENT (CONTINUED)
The TDJstees are reswIn￿ble for k¢¢ping pmper ￿CoUntIng th$ that disclose with reasonable
accuracy at any time the fman¢ial position of the A￿O¢latiOn and enable them to ensure tbat the
rmancial stat¢ment$ compty with the Companies Act 2(X)6. ChaTitics Act (Nortbern Ireland) 2008
and The Charities (Accounts and Rep)rts) Regulations (Northern Ireland) 2015. They are also
responsible for safeguarding the assets of the A&80ciation and hence fortaking re￿nable steps for
the prevention and detection of fr8ud and other itt¢w]knies.
In so far as the T￿￿ceS are aware:
the￿ is no relevant inforn￿tIon of which the Associalion's Inde￿ndent Examin￿ is unaware.
the TrllSt￿ bave taken all steps that they ought to have taken to make thcnwlvas aware of
any relevant itifornjation and to establish that the independent examin￿ is aware of that
infom￿tiO
INDEPENDENT EXAMINER
A resolution proposing K HiggiDS FCA to be rwinted w independent examiner will bc put
forward * the Annual Gencrdl Mecting.
SMALL COMPANY EXEMPTIONS
Part 15 of the Cowi&8 Act 2(K)6.
By Order of the Maoagernent Comtnittee:
Registered office:
37 Long￿￿ff Road
The Braid
Ballyu
B T43 7JR
M8 Den
Trnstee
Forde
Approved by the Trustees OD:
Date: 01 DeceA¢ber 2022
51Pdge

BRAID COMMUNITY ASSOCIATION
INDEPENDENT EXAMtNER'S REPORT TO THE MEMBERS OF BRAID COMMUNITY
ASSOCIATION
FOR THE YEAR ENDED 31 MARCH 2022
I rel￿ on the accOu￿S of Braid COn￿n￿nIty A&y(Wtx￿ for tbc year ended 31 Ma￿h 2022 as set
out on pages 7 to 12.
RESPEcfivE RESPONSIBILITIES OF TRUSTEES AND llyDEPENDEI¥T EXAMINER
The Tnlstees (who aff also th¢ dir￿10￿ of Braid Commurrity A&S￿latiOn) are rwonsible for the
p￿paratIOn of the a¢¢ounts in accordance with the requirrnts of the Companies Act 2006. It is
my res[m)￿￿1]Ity to:
examine the aC￿￿nIS under sectN)n 65 of the Charities Act (Northcrn Ireland) 2008.
follow the prncdur¢s laid dowa in the genernl DiTrctions given by the Clwity ComuJi&sion
for Northern lffland under section 65(9Xb) of the Charities Act. and
state whether particular matters have to my attentio
BASIS OF INDEPENDENT EXAMINER'S STATEMENT
I have examined your Chanty a¢count$ &$ requI￿d under sectK)n 65 of tbe Charities Act and my
examI￿tIon was carried out in ¥¢ordance with the general Dite¢tiODS given by the Charity
Commi&sion for Northern I￿land under section 65(9Xb) of the Charities Act. My examination
included a review of th¢ accounting records kqit by th¢ Ch&ity and a conwi8on of the ac￿unt8
p￿ted with thos¢ records. It also included considerntM)n of any unusual lteft￿ or disclosures in
the accounts and seekiDg explaDaiions from you as Trustees co￿¢ming any such matttts.
My rok is to state whether any rnateri￿ matteT5 have conK to my attention giving me cause to
believe:
l. That accounting records were not kept in ￿anCe with section 386 of ihe Companies Act
2(X>6
2. That the accounts do not accord with those accounting ttcords
3. That the accounts do not Compty with the accounting requir¢mmts of section 396 of th¢
Companies A¢t 2(K16 and wilh the methods and Principles of ibe Charities Statement of
RecoMM￿ed Pr￿tire applicabk to clwities prepaTing their accounts ID accordanc¢ with
the Financial R¢porting Standard applicable in the UK and Republic of Ireland.
4. That there is fi￿h¢r infomution needed for a proper understanding of the alxounts to
teached.
INDEPENDENT EXAMINER￿ STATEMENT
I have completed my examination and have no Concen￿ in r¢spe¢t of matters (l) to (4} listd above
and. in connection witb following the direc¢M)ns of the Charity Conllniwon forNorthern Ireland, I
have fouDd no matters that require drawing to your attention.
K Higgins FCA
9 Knockanully Road
MartIn￿oWn
Ballytnena
BT43 7LZ
DAIE: 01 Decanb¢r 2022

BRAID COM￿lU￿r[y ASSOCIATION
STATEMENT OF FINANCLIL ACTivfTJ
FOR THE YEAR ENDED 31 MARCH 2022
Total
Unrestrll￿ ReStrkI￿ Fund¥
Funds
Funds
2022
Total
Funds
2021
Not¢
Ineome from:
Donations and lega¢ies
Charitable activities
Other trading activities
695
4,303
1.167
177
Totsl IAeome
1.167
4,177
4,998
ExpeDdlture on:
Charitable activities
Other costs
4322
2.581
Total expendlthre
N¢t kncon
1313
146)
4222
2.581
2.418
Wrfte off rents (Iwed
Net n￿VenIent In funds
(46)
4,418
Re¢on¢lllatlon of finds:
Total fi￿dS brought forward
Total funds can*d forw*rd
76
2J49
2J49
2,625
2579
(1,793)
2,625
The Association no r¢cogniscd gall￿ or lo￿ in th¢ year Oth￿ than those inch￿ed in the
statell￿t of Financial A¢tivilics.
All the operations of the AssociatioD are cla&8al &8 c4)ntinuin&
71Page

BRAID COMMUNrrY A&SiXIATION
BALANCE SHEET
AS AT 31 MARCH 2022
2022
2021
Current asxts
Cash at bank and in hand
Creditork" amounts falllng due wlthin one
year
375
Net current
U79
U79
2,625
2,625
Total assets lesg curr¢nt hbililks
Credltors: anwwits f*llng due after one ye*r
2579
2.625
Cbarlty Funds
unrestri￿ funds
ReStr￿ted funds
76
2.549
2,625
79
The DiTector5 are satisfiedthat th¢Compny is entitledto exem￿70￿ fmmthe provisions of the Companies
A¢t2006 (the Act) relatingto the a￿11¢ ofthe fllwKial statements for the year by virtue of Section 477(2)
relatingto sn)all CoM￿leS,andthatnornC￿bCr or m¢mber8 bave Tequested an audit pursuant to section
476(1) of the Act.
The Dire¢tors acknowkdge their r&8ponsibiliti¢s for conwtyllig with the rtquir¢ments of the Act
with r* to accounting records and the pr¢wation of account&
Approved and authorised for issue by the Trustees and are sig1￿1 on their behalf by:
Denise Forde, chairpe￿
Rosaleen MitchelL Tre&8urer
Date: 01 Decemiv 2022
Date: 01 December 2022
The notes on page8 9 to 12 fo￿ part of these fman¢iaJ sthten￿t&
81Page

BRAID COMMUNITY ASSOCIATI(hN
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
I. ACCOUNTING POLICIES
(a) General tDfornialloD and b*th of
aratlon
Braid Community Ass(Kiation is a clwitable company limited by g￿rantee aDd docs not have
any slwE capitaL It regtsterejl &8 a charity with The ChaTity co1nmiss￿D for Northern Ireland
on 19 October 2014 and it is incoryKsrated in Northern Ireland. Th¢ address of the registeffd
office is given in th¢ ¢hatity infotllJat¥)n on page l of these ruw￿la1 staten￿llts.
The Associatioti wn5titut¢s a kncftt entty as defllKd by FRS 102.
Statement of
The fmancial ￿ateMentS have been prepared in compliance witb Accounting and Reporting by
Clwities: StatenKnt of Recomm￿￿ Practice applicable to clwities prqwing their accounts
iti accordance with the Financial ReN)rting Stsndard 4)plicable in the United Kingdom and
Republic of Ireknd (FRS 1021 Charities Act INortbern Ireland) 2(Ki8, the CIwiti￿ (Accounts
and RqK>rt$) Re8u]atK)ns (Northern Ireland) 201, the Con¥wil￿ Act 2[￿ and UK Genernlly
Accepted Practic¢.
The sigDifKaot accounting policies applied in the prepaTrtion of th&se fllwiclal statements are
set out below. These p)licies have been Lx)nsist¢ntty appli￿ to all petiods pre8ented unle88
otherwise stated.
These flnancial statements have bceD pryared UDd¢r th¢ histori￿1 ¢ost CA)nventiofy as nm)dif￿a
by th¢ waluation of investments.
(b) Fund$
unreStr￿￿dfyTrd%..
General fimds ￿ available for use at the discretion of the Tn￿e¢S ID furthernice of the general
objectives of the A&8(KiatNm whith have not been d￿l￿ated for other pu
These funds that can onty be uscd for particular r&8trActed purpos￿ within the objects of the
Association. RestTiCt¥)ns arise wI￿n Swif￿ by the donor or Whe￿ the funds arc Trised for

BRAID commuN￿y ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDKD 31 MARCH 2022
I. ACCOUNTING POLICIES (con*nued)
All incoming resources have been included iti th¢ fllwicial statements using the accnJa]s basis
except for donation4 k8aci￿ and bequests which are included in the fmancial statements using
the receipts b&8i8.
Income from govanment and other grants are recOgnis￿ at fair vahk when the Association
has cntitkment after any pcrfOrnW￿ conditiotis bave been 0￿.
Income from charitsble activities includ&8 inwme eamed from fundraising events and trading
activities to raise funds for the A&8ociation. Incon* is received in exchange for supplying
goods and serrfica in order to r*i8e funds and is rec0gDi￿d wben entitlement has OC¢4llred.
¢ndlthre
All ¢xpenditur¢ is a￿ount￿ for on ac¢n￿￿ basis. inclusive of VATwhich (xmot bc recovered
and has b¢¢D c]wified under headings that aggregate all ¢osts reIat¢d to the category.
Expenditure is reCogni￿d where there is a legal or constructive obligation to make payments to
third parties. it is probable that the settkn￿llt will be requi￿1 and the all￿u￿t of the obligation
It is categorised under the fo]k)wing h•lings:
Expenditure on charitable acliviti&8 includ¢5 thos¢ wsts incurred by the Association
in the delivery of its activiti￿ and services for its beneficiaries. It includcs both costs
that can be allocated dijrctly to such activities and those costs of an iodirect nature
. Otherexp¢ndituff iryrnts thos¢ itellL8 not falling into the categories above.
All ¢osts are alkKated bctwem thc ex&￿It￿re i*egories of the SOFA on a b&qis destgned to
reflect th¢ use of the resour
(e) Debtors and eredltors re¢elv#bk l a able wlthkn one
Debtorn and cr¢ditor5 With no stated interest rate and receivable or payable within one year are
[￿￿ed at Iran8aCtion ptKe. Any108W 8risit)g from imPRrn*nt are recoW￿ in ￿penditure.
(D T*i*llon
No provision is reqUi￿d for taXat￿n as tbe Association is d¢fmed as a ¢lwitable company for
taxation purposes.
concern
The fllw)cial statements have been pryard on a goillg CODCern basis as the Th￿eeS believe
that no material uncertainti&8 exist. The Trustees have considered the level of fimds held and the
expected kvel of income and expenditure for 12 ￿￿th8 from authoTisAng thes¢ f￿ancIal

BRAJD COM￿(uNr[y ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
I. ACCOUFITING POLICIES
Ig) GolDg concern (conthiued)
statements. The budgeted iDcome and cxpendilures are suITKi￿t with the level of resoujres for
the A&wciation to be able to continue 8s a going concern.
INCOME FROM DONATI(kYS
Totsl
Funds Total Funds
2022
2021
finds
Donatio
695
3. INCOI¥IE FROM CHARITABLE ACTIVITIES
Total
Funds Total Funds
2022
2021
funds
fu￿%
Rents & Classes
1,150
1.150
250
DFC
Oiher
17
17
1.167
4,177
4,303
Anatyth of re￿rk¢¢d ID¢oD￿ from charhAble acdvltkn.
2022
2021
Gr4nts -rtvenne:
CFNI
MEA
2,709
31KI
2,996
413
3.409

BRAID COMMUNTTY ASS(KIATION
NiyfES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022 (conlin4ed)
4. ANALYSIS OF EXPENDTfuRE 01¥4 CHAR￿ABLE AcrivrriES
Total
unr¢$trk￿ Restrlcted Funds Total Funds
fuudj
fund8
2022
2021
Heat, Light & Pow
Insurance
Postage & Advertisiog
Premises costs
Accountancy
794
808
lJ32
lJ12
1.430
597
375
1313
4222
2,581
5. TAXATION
The A&8ociation i8 not registernl for VAT and accordingty, all their expenditure is inclusive of
VAT incurred.
6. CREDrroRS: #mownts falllng due wlthlx one yur
2022
2021
Ac¢ouDtancy
375
375
2,375
7. RELATED PARTY TKINSACTIONS
There were no related party during the per￿d (2021 . £Nil).
121Pdg?e