**Charity registration number 100850**
**Company registration number NI625337 (Northern Ireland)**
## **BALLYLOUGH LIVING HISTORY LIMITED**
## **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 JUNE 2022**
**PAGES FOR FILING WITH REGISTRAR**
## **BALLYLOUGH LIVING HISTORY LIMITED**
## **CONTENTS**
||**Page**|
|---|---|
|Charity Information|1|
|Trustees' report|2 - 4|
|Independent examiner's report|5|
|Statement of financial activities|6|
|Balance sheet|7 - 8|
|Notes to the financial statements|9 - 16|
## **BALLYLOUGH LIVING HISTORY LIMITED**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Trustees**|Dr A Casement|
|---|---|
||Mr H H Clarke|
||Hon Mrs C Dixon|
||Mr H Montgomery|
||Mrs H Reade|
||Mr D S Traill|
||Mrs J Traill|
||Mr S M Traill|
||Mr J Witchell|
||Mr Ben Curry|
|**Charity number**|100850|
|**Company number**|NI625337|
|**Registered office**|Ballylough House Ballylough More|
||53 Castlecat Road|
||Bushmills|
||Co. Antrim|
||BT57 8TN|
|**Independent examiner**|Moore (N.I.) LLP|
||30-32 Lodge Road|
||Coleraine|
||BT52 1NB|
|**Bankers**|Ulster Bank Limited|
||11 Church St|
||Ballymoney|
||Co. Antrim|
||BT53 6HS|
- 1 -
## **BALLYLOUGH LIVING HISTORY LIMITED**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 30 JUNE 2022**_
The trustees present their annual report and financial statements for the year ended 30 June 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's memorandum and articles of association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".
## **Objectives and activities**
The charity's objectives are:
- to advance and promote education and skill development of the public (especially the local community), focussing on the local, history, heritage and area, in any charitable way.
- to advance community development for the benefit of the inhabitants in and around Ballylough; in particular through promoting improved infrastructure.
- incidental to the above objectives. To encourage young students, who are in need of assistance, to put their skills into action by actively seeking to employ such persons through voluntary or paid work in any area of the charity’s work. Nothing in the articles shall authorise an application of the property of the charity for purposes which are not charitable in accordance with section 2 of the Charities Act (Northern Ireland) 2008.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
- 2 -
## **BALLYLOUGH LIVING HISTORY LIMITED**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2022**_
## **Achievements and performance**
Ballylough Walled Garden Project continues to host students throughout the year working on various horticulture projects. We have had just 4 short term students and 1 long term volunteer with the Walled Garden Project through out the year.
20 Community Group volunteers from the Bushmills Garden project came to learn how to create hanging baskets, planting seeds and plants. 6 volunteers went through hot lime mortar training working on one of the walls in the Bell Yard, completing a whole wall.
We had 35 volunteers, including young volunteers and their parents work on the Halloween and Santa Trail events towards the end of 2021.
The Corn stooks continue to be cleared and repairs made to the stone work. We are going slow on this as there is just one special needs group working on this and they have had issues with their people.
Paths have been continually upgraded around the forest using stone for the pathways and drainage in mucky areas. The stones were repainted by a volunteer from England.
The offices for volunteers and storage of archives was completed. The wheel chair access shelters have been dismantled for repairs and maintenance and will be put back in place for the next event.
## **Planning for future periods.**
Our priorities for the following year remain wellbeing and education, using heritage and outdoors.
Plans for the application for the Halloween and Santa Trail events for 2023 is in progress and the teams are being put together to that end. We will apply for funding in November and hope that the events will proceed in 2023. Having put a huge investment into the infrastructure for these events we would anticipate that they would be able to wash their face in 2023, albeit with a small amount of funding.
- 3 -
## **BALLYLOUGH LIVING HISTORY LIMITED**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2022**_
## **Financial review**
The results for the year are set out on page 5. The organisation returned net expenditure for the year of £20,571(2021: net income of £10,121). At 30th June 2022 the total funds of the charity amounted to £1,670 (2021: £22,240) comprising of £-23,470 of unrestricted funds and £25,139 of restricted funds.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
## **Structure, governance and management**
The charity is a company limited by share capital.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Dr A Casement Mr H H Clarke Hon Mrs C Dixon Mr H Montgomery Mrs H Reade Mr D S Traill Mrs J Traill Mrs P Traill (Resigned 26 July 2021) Mr S M Traill Mr J Witchell Mr Ben Curry
The management of the Charity is the responsibility of the Trustees who are elected under the terms of the Memorandum and Articles of Association.
## **Going Concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. However, the basis of the going concern status is reliant on the support of funders.
Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
The trustees' report was approved by the Board of Trustees.
**Mrs J Traill** Trustee Dated: 15 September 2023
**Mr Ben Curry** Trustee Dated:15 September 2023
- 4 -
## **BALLYLOUGH LIVING HISTORY LIMITED**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BALLYLOUGH LIVING HISTORY LIMITED**
We report on the accounts of the charity for the year ended 30 June 2022, which are set out on pages 6 to 16.
## **Respective responsibilities of trustees and examiner**
The trustees, who are also the directors of Ballylough Living History Limited for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to:
- (i) examine the accounts under section 65 of the Charities Act
- (ii) 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 Act
- (iii) state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
I have examined your charity accounts as required under section 65 of the Charities Act and my 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 included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.
My role is to state whether any material matters have come to my 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 accounting 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 of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
4. That there is further information needed for a proper understanding of the accounts to be reached.
## **Independent examiner's statement**
I have completed my examination in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I would like to draw to your attention to the charity's status as a going concern. The going concern of the charity is reliant on the support of its funders. At 30th June 2022, the charity's fund balance stood at £1,669. I have found no other matters that require drawing your attention.
Dr R I Peters Gallagher OBE FCA for and on behalf of Moore (N.I.) LLP
30-32 Lodge Road Coleraine BT52 1NB
Dated: 15 September 2023
- 5 -
## **BALLYLOUGH LIVING HISTORY LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 30 JUNE 2022**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2022**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
**-**
**-**
Charitable activities
**4**
**-**
**70,125**
Other trading activities
**5**
**-**
**13,413**
Investments
**6**
**5**
**-**
**Total income**
**5**
**83,538**
**Expenditure on:**
Raising funds
**7**
**-**
**-**
Charitable activities
**8**
**14,038**
**90,076**
**Total resources**
**expended**
**14,038**
**90,076**
**Net (expenditure)/income for**
**the year/**
**Net movement in funds**
**(14,033)**
**(6,538)**
Fund balances at 1 July
2021
**(9,437)**
**31,677**
**Fund balances at 30**
**June 2022**
**(23,470)**
**25,139**|**Total**
Unrestricted
Restricted
funds
funds
**2022**
2021
2021
**£**
£
£
**-**
100
-
**70,125**
-
34,300
**13,413**
-
1,965
**5**
1
-
**83,543**
101
36,265
**-**
-
7,061
**104,114**
15,347
3,837
**104,114**
15,347
10,898
**(20,571)**
15,246
25,367
**22,240**
5,809
6,310
**1,669**
9,437
31,677|Total
2021
£
100
34,300
1,965
1|
|---|---|---|
|||36,366|
|||7,061|
|||19,184|
|||26,245|
|||10,121
12,119|
|||22,240|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
- 6 -
## **BALLYLOUGH LIVING HISTORY LIMITED**
## **BALANCE SHEET**
## _**AS AT 30 JUNE 2022**_
|**2022**
**Notes**
**£**
**£**
**Fixed assets**
Intangible assets
**12**
**2,100**
Tangible assets
**13**
**26,513**
**28,613**
**Current assets**
Debtors
**14**
**35,063**
Cash at bank and in hand
**729**
**35,792**
**Creditors: amounts falling due within**
**one year**
Loans and overdrafts
**15**
**900**
Other creditors
**54,732**
**55,632**
Net current liabilities
**(19,840)**
**Total assets less current liabilities**
**8,773**
**Creditors: amounts falling due after**
**more than one year**
Loans and overdrafts
**15**
**7,104**
**(7,104)**
**Net assets**
**1,669**
**Income funds**
Restricted funds
**25,139**
Unrestricted funds-general
General unrestricted funds
**(23,476)**
Share capital
**6**
**(23,470)**
**1,669**|**2021**
**£**
-
6,318
6,318
900
5,660
6,560
**8,007**
(9,443)
6|**£**
2,800
27,689
30,489
(242)
30,247
(8,007)
22,240
31,677
(9,437)
22,240|
|---|---|---|
- 7 -
## **BALLYLOUGH LIVING HISTORY LIMITED**
## **BALANCE SHEET (CONTINUED)**
## _**AS AT 30 JUNE 2022**_
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 June 2022.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 15 September 2023
Mrs J Traill Mr Ben Curry **Trustee Trustee**
## **Company registration number NI625337**
- 8 -
## **BALLYLOUGH LIVING HISTORY LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 30 JUNE 2022**_
## **1 Accounting policies**
## **Charity information**
Ballylough Living History Limited is a private company incorporated in Northern Ireland. The registered office is Ballylough House Ballylough More, 53 Castlecat Road, Bushmills, Co. Antrim, BT57 8TN.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's memorandum and articles of association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
- 9 -
## **BALLYLOUGH LIVING HISTORY LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2022**_
## **1 Accounting policies**
**(Continued)**
## **1.5 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## **1.6 Intangible fixed assets other than goodwill**
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.
Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.
Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Software 20% straight line
## **1.7 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment 20% reducing balance Fixtures and fittings 20% reducing balance Motor vehicles 20% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.8 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
- 10 -
## **BALLYLOUGH LIVING HISTORY LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2022**_
## **1 Accounting policies**
**(Continued)**
## **1.9 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.10 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
- 11 -
## **BALLYLOUGH LIVING HISTORY LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2022**_
## **3 Donations and legacies**
|||**Unrestricted**|Unrestricted|
|---|---|---|---|
|||**funds**|funds|
|||**general**|general|
|||**2022**|2021|
|||**£**|£|
||Donations and gifts|**-**|100|
|**4**|**Charitable activities**|||
|||**Restricted**|Restricted|
|||**funds**|funds|
|||**2022**|2021|
|||**£**|£|
||Other grants|**70,125**|34,300|
|**5**|**Other trading activities**|||
|||**Restricted**|Restricted|
|||**funds**|funds|
|||**2022**|2021|
|||**£**|£|
||Fundraising events|**13,413**|1,965|
|**6**|**Investments**|||
|||**Unrestricted**|Unrestricted|
|||**funds**|funds|
|||**general**|general|
|||**2022**|2021|
|||**£**|£|
||Interest receivable|**5**|1|
- 12 -
## **BALLYLOUGH LIVING HISTORY LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 30 JUNE 2022**_
## **7 Raising funds**
|Fundraising and publicity
Staging fundraising events
**Charitable activities**
Depreciation and impairment
Sundry expenses
Advertising
Motor and travel
Repairs and maintenance
Computer costs
Insurance
HP interest
Utilities
Share of governance costs (see note 9)
**Analysis by fund**
Unrestricted funds - general
Restricted funds|**2022**
**£**
**7,326**
**404**
**120**
**275**
**7,208**
**1,461**
**3,372**
**-**
**1,372**
**21,538**
**1,080**
**22,618**
**14,038**
**8,580**
**22,618**|**2022**
**£**
**-**
**81,496**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**81,496**
**-**
**81,496**
**-**
**81,496**
**81,496**|**Total**
Restricted
funds
**2022**
2021
**£**
£
**-**
7,061
**-**
7,061
**2021**
**£**
**£**
**7,326**
7,623
**81,900**
3,474
**120**
150
**275**
1,529
**7,208**
1,540
**1,461**
981
**3,372**
2,007
**-**
261
**1,372**
526
**103,034**
18,091
**1,080**
1,093
**104,114**
19,184
**14,038**
15,347
**90,076**
3,837
**104,114**
19,184|**Total**
Restricted
funds
**2022**
2021
**£**
£
**-**
7,061
**-**
7,061
**2021**
**£**
**£**
**7,326**
7,623
**81,900**
3,474
**120**
150
**275**
1,529
**7,208**
1,540
**1,461**
981
**3,372**
2,007
**-**
261
**1,372**
526
**103,034**
18,091
**1,080**
1,093
**104,114**
19,184
**14,038**
15,347
**90,076**
3,837
**104,114**
19,184|
|---|---|---|---|---|
|||||7,061|
|||||**2021**
**£**
7,623
3,474
150
1,529
1,540
981
2,007
261
526|
|||||18,091
1,093|
|||||19,184|
|||||15,347
3,837|
|||||19,184|
## **8 Charitable activities**
- 13 -
## **BALLYLOUGH LIVING HISTORY LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2022**_
## **9 Support costs**
|**Support costs**|||
|---|---|---|
|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Legal and professional
**-**
**1,080**
**-**
**1,080**
Analysed between
Charitable activities
**-**
**1,080**|**2022**
**£**
**1,080**
**1,080**
**1,080**|**2021**
**£**
1,093|
|||1,093|
|||1,093|
Governance costs includes an accrual to the independent examiners of £1,080 (2021- £1,093) for independent examination fees.
## **10 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
## **11 Employees**
The average monthly number of employees during the year was:
||**2022**|**2021**|
|---|---|---|
||**Number**|**Number**|
|Total|-|-|
There were no employees whose annual remuneration was more than £60,000.
## **12 Intangible fixed assets**
|**Intangible fixed assets**||
|---|---|
||**Software**|
||**£**|
|**Cost**||
|At 1 July 2021 and 30 June 2022|**3,500**|
|**Amortisation and impairment**||
|At 1 July 2021|**700**|
|Amortisation charged for the year|**700**|
|At 30 June 2022|**1,400**|
|**Carrying amount**||
|At 30 June 2022|**2,100**|
|At 30 June 2021|2,800|
- 14 -
## **BALLYLOUGH LIVING HISTORY LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2022**_
|**13**
**Tangible fixed assets**
**Plant and**
**equipment**
**Fixtures and**
**fittings**
**Motor**
**£**
**£**
**Cost**
At 1 July 2021
**2,394**
**33,724**
Additions
**-**
**5,450**
At 30 June 2022
**2,394**
**39,174**
**Depreciation and impairment**
At 1 July 2021
**1,413**
**10,014**
Depreciation charged in the year
**196**
**5,830**
At 30 June 2022
**1,609**
**15,844**
**Carrying amount**
At 30 June 2022
**785**
**23,330**
At 30 June 2021
981
23,710
**14**
**Debtors**
**Amounts falling due within one year:**
Other debtors
**15**
**Loans and overdrafts**
Bank loans
Payable within one year
Payable after one year
**16**
**Creditors: amounts falling due within one year**
**Notes**
Bank loans
**15**
Other creditors
Accruals and deferred income|**vehicles**
**£**
**9,150**
**-**
**9,150**
**6,152**
**600**
**6,752**
**2,398**
2,998
**2022**
**£**
**35,063**
**2022**
**£**
**8,004**
**900**
**7,104**
**2022**
**£**
**900**
**51,492**
**3,240**
**55,632**|**Total**
**£**
**45,268**
**5,450**|
|---|---|---|
|||**50,718**|
|||**17,579**
**6,626**|
|||**24,205**|
|||**26,513**|
|||27,689|
|||**2021**
**£**
-|
|||**2021**
**£**
8,907|
|||900
8,007|
|||**2021**
**£**
900
3,500
2,160|
|||6,560|
- 15 -
## **BALLYLOUGH LIVING HISTORY LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 30 JUNE 2022**_
## **17 Creditors: amounts falling due after more than one year**
|**2022**
**Notes**
**£**
Bank loans
**15**
**7,104**
**18**
**Share capital**
**2022**
**£**
**Ordinary share capital**
**Issued and fully paid**
6 ordinary shares of £1 each
6
**19**
**Analysis of net assets between funds**
**Unrestricted**
**Restricted**
**Total Unrestricted**
**Restricted**
**2022**
**2022**
**2022**
**2021**
**2021**
**£**
**£**
**£**
**£**
**£**
Fund balances at 30
June 2022 are
represented by:
Intangible fixed assets
**2,100**
**-**
**2,100**
2,800
-
Tangible assets
**26,513**
**-**
**26,513**
27,689
-
Current assets/(liabilities)
**(19,840)**
**-**
**(19,840)**
(31,919)
31,677
Long term liabilities
**(7,104)**
**-**
**(7,104)**
(8,007)
-
**1,669**
**-**
**1,669**
(9,437)
31,677|**2021**
**£**
8,007
**2021**
**£**
6
**Total**
**2021**
**£**
2,800
27,689
(242)
(8,007)
22,240|
|---|---|
## **20 Financial commitments, guarantees and contingent liabilities**
Certain grants received and receivable may become repayable to the funder if the charity is no longer able to meet the conditions under which they were awarded. Due to the nature of these contingencies, it is not possible to quantify the potential effect or give an indication of timing as to the liabilities that may arise.
## **21 Related party transactions**
The trustees, who are also the directors for the purposes of company law, received no remuneration for their services for the year.
Included within income are amounts totalling £0 (2021 - £100) representing donations made by charity trustees.
During the year, trustees loaned the charity £78,192 and the charity repaid £30,200. The balance outstanding to the trustees at the year end was £51,492 (2021: £3,500) and is included within other creditors.
- 16 -