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