**Ballyblack Hall Management Company (a company limited by guarantee)**
**Financial statements for the year ended 30 April 2024**
**Registered number : NI 611043 Charity number NIC 101057**
## **Ballyblack Hall Management Company**
|**Contents**||
|---|---|
||**Page**|
|**Trustees, advisers and other information**|**1**|
|**Trustees' report**|**2**|
|**Independent examiner's report**|**4**|
|**Statement of financial activities**|**5**|
|**Balance sheet**|**6**|
|**Notes to the financial statements**|**7 - 9**|
|**Detailed statement of financial activities**|**Appendix 1**|
**1**
## **Ballyblack Hall Management Company**
## **Trustees, advisers and other information**
## **Trustees / Directors**
Mr David John Blevings Mr Robert Alexander Lyttle Mr David Henry McCracken Mr Jason Robert Rankin Mr David Leslie Tennis Mrs Elizabeth Anne Warden
## **Secretary**
Mrs Elizabeth Anne Warden
## **Accountants**
Neeson Chambers Chartered Accountants 123/125 Main Street Bangor BT20 4AE
## **Bankers**
Danske Bank PO Box, 183 Donegall Square West Belfast BT1 6JS
## **Registered Office**
The Stables, Seaview Farm 92 Bowtown Road Newtownards BT23 8SL
**Ballyblack Hall Management Company**
**2**
## **Trustees' report**
The trustees present their report and financial statements for the year ended 30 April 2024.
The information with respect to the trustees and advisers set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the Memorandum and Articles of Association, applicable Accounting Standards in the United Kingdom (FRS 102) and the updated Statement of Recommended Practice (FRS 102 SORP).
## **Structure, governance and management**
Ballyblack Hall Management Company is a charitable company limited by guarantee with no share capital. It is governed by its Memorandum and Articles of Association. The members of the Board of Trustees are also the directors of the charitable company.
## **Risk management**
The board reviews the major risks to which the charity is exposed and procedures have been established to manage those risks.
## **Objectives and activities**
The company was incorporated on 7 February 2012. The principal activity of the company is the provision of church hall facilities to various clubs, groups and private parties. Income arising from these activities is employed in the development and to the benefit of the local community.
## **Review of operations and future developments**
The trustees are satisfied with the income generated by the new church hall extension in the year to 30 April 2024.
## **Financial review**
The company's income for the year was £1,202 and its expenses £20,621 resulting in a deficit of £19,419. The trustees reiterate their commitment to mitigation of future deficits by striving to increase revenues from greater hall occupancy. Relevant to the present and future possible deficits, the company has recourse to ongoing sources of loan finance supplied by Ballyblack Presbyterian Church. The latter source of funds has allowed the company the financial means to meet its obligations and outlays.
## **Public benefits statement**
The trustees consider that they have complied with their duty to have due regard to the guidance on public benefit as published by the Charity Commission Northern Ireland.
**Ballyblack Hall Management Company**
**3**
## **Trustees' report (continued)**
## **Statement of trustees' responsibilities**
The trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and under Financial Reporting Standard 102 (FRS 102).
Company law requires the trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the company for that period. In preparing those financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departure disclosed and explained in the financial statements, and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The trustees confirm that they have complied with the above requirements in preparing the financial statements. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the special provisions of the Companies Act 2006 in relation to small companies.
## **By the order of the Board of Trustees**
**Mrs Elizabeth Anne Warden Secretary**
**Date:**
**Ballyblack Hall Management Company**
**4**
## **Independent examiner's report for the year ended 30 April 2024**
We report on the accounts of the charity for the year ended 30 April 2024, which are set out on pages 5 to 9.
## **Respective responsibilities of directors and examiner**
Having satisfied ourselves that the charity is not subject to audit under company law and is eligible for independent examination, it is our 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 Act; and
- state whether particular matters have come to our attention.
## **Basis of independent examiner's 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 comparision 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 concerning 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 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**
We have completed our examination and have no concerns in respect of matters 1 to 4 listed above and, following the directions of the Charity Commission for Northern Ireland, we have found no matters that require drawing to your attention.
**Neeson Chambers Ltd 123-125 Main Street Bangor BT20 4AE**
## **Date:**
**Ballyblack Hall Management Company**
**5**
## **Statement of financial activities for the year ended 30 April 2024**
|**Notes**
**Incoming resources**
**1**
**Resources expended**
**2**
**Net outgoing resources**
**3**
Interest receivable
**Net outgoing resources for the year**
Fund balance brought forward at start of year
**Fund balance carried forward at end of year**
**9**|**2024**
**2023**
**£**
**£**
**1,202**
**1,727**
**20,621**
**25,025**
**-19,419**
**-23,298**
**0**
**0**
**-19,419**
**-23,298**
**-109,339**
**-86,041**
**-128,758**
**-109,339**
**Unrestricted Funds**|**2024**
**2023**
**£**
**£**
**1,202**
**1,727**
**20,621**
**25,025**
**-19,419**
**-23,298**
**0**
**0**
**-19,419**
**-23,298**
**-109,339**
**-86,041**
**-128,758**
**-109,339**
**Unrestricted Funds**|
|---|---|---|
|||**-23,298**
**0**|
|||**-23,298**
**-86,041**|
|||**-109,339**|
All amounts above relate to continuing operations of the company.
The company has no recognised gains and losses other than those included in the results above and therefore no separate statement of total recognised gains and losses has been presented.
**Ballyblack Hall Management Company**
**6**
## **Balance sheet at 30 April 2024**
|**Notes**
**Fixed assets**
**5**
**Current assets**
Debtors
**6**
VAT refundable
Cash at bank and in hand
**Total assets**
**Creditors - amounts falling due within one year**
**7**
**Creditors - amounts falling due after one year**
**8**
**Total liabilities**
**Total assets less liabilities**
**Funds**
Unrestricted funds
**9**
**Total funds**|**2024**
**£**
**206,964**
**517**
**1,267**
**2,044**
**3,828**
**210,792**
**1,550**
**338,000**
**339,550**
**-128,758**
**-128,758**
**-128,758**|**2023**
**£**
**207,521**
**556**
**136**
**2,669**|
|---|---|---|
|||**3,361**|
|||**210,882**|
|||**2,220**
**318,000**|
|||**320,220**|
|||**-109,339**|
|||**-109,339**|
|||**-109,339**|
In preparing these financial statements:
(i) for the year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies,
(ii) the members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
- (iii) the directors acknowledge their responsibility for:
(a) ensuring the company keeps proper accounting records in accordance with the Companies Act 2006, and
(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its net incoming and outgoing resources for the financial year and which otherwise comply with the requirements of the Companies Act 2006 relating to the financial statements, so far as applicable to the company.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
## **Authorised for issue by the Board of Trustees and signed on its behalf by:**
**Mr David Tennis Trustee Registered number : NI 611043**
**Date:**
**9**
## **Ballyblack Hall Management Company**
## **Notes to the financial statements**
**for the year ended 30 April 2024 (continued)**
|**6 Debtors**
Rental income due
**7 Creditors :**amounts falling due within one year
Accrued expenses
**8 Creditors**: amounts falling due after one year
Amount owed to Ballyblack Presbyterian Church|**2024**
**£**
**517**
**2024**
**£**
**1,550**
**2024**
**£**
**338,000**|**2023**
**£**
**556**|
|---|---|---|
|||**2023**
**£**
**2,220**|
|||**2023**
**£**
**318,000**|
The loan from Ballyblack Presbyterian Church is extended to the company interest free with no formal terms governing the conditions of repayment. Ballyblack Presbyterian Church is an organisation with close links to Ballyblack Hall Management Company and currently has no intention to seek repayment of its loan capital.
|**9 Movement in funds**
At 1 May 2023
Net resources expended
**At 30 April 2024**|**2024**
**£**
**(109,339)**
**(19,419)**
**(128,758)**|**2023**
**£**
**(86,041)**
**(23,298)**|
|---|---|---|
|||**(109,339)**|
## **10 Directors' guarantees**
Ballyblack Hall Management Company is a company limited by guarantee. The liability of each director is limited to an amount not exceeding £1.
## **11 Related party transactions**
Ballyblack Presbyterian Church is an organisation with close links to Ballyblack Hall Management Company to whom it extends finance as detailed in Note 8 above.
|**Ballyblack Management Company Limited**|**Ballyblack Management Company Limited**|**Ballyblack Management Company Limited**|||||
|---|---|---|---|---|---|---|
|**Year ended 30 April 2021**|||||||
|**Fixed asset register**|||||||
||||||||
|**Plant & machinery**|||||||
||||||||
||||||||
|**Date**|**Detail**|||**Gross**|**VAT**|**Net**|
||||||||
|08/12/2012|Sam's Ur Man|||1,300.00|173.70|1,126.30|
|24/01/2013|Cater Kwik boiler|||658.80|88.03|570.77|
|13/02/2013|Cater Kwik boiler|||658.80|88.03|570.77|
|13/02/2013|Alpha chairs|||4,298.42|574.34|3,724.08|
|19/02/2013|Hall Mats|||174.00|23.25|150.75|
|19/04/2013|Plaques|||382.60|51.12|331.48|
|13/05/2013|Alpha chairs - adjust re opcreditor||||111.02|111.02
-|
|21/05/2013|R Lyttle - Chair transport|||240.00|40.00|200.00|
|24/05/2013|H Drenan -placques|||60.00|10.00|50.00|
|30/07/2013|Regent business equipment|||149.56|-|149.56|
|01/04/2014|S Warden shelves|||113.04|-|113.04|
|13/07/2016|Sonycentre new tv|||1,526.00|136.93|1,389.07|
|13/07/2016|less donation towards tv|||800.00
-|-|800.00
-|
|20/08/2019||||1,021.20|170.20|851.00|
||||||||
|||||**9,782.42**|**1,466.61**|**8,315.81**|
**Ballyblack Hall Management Company**
**4**
## **Independent accountants' report to the Board of Trustees on the unaudited financial statements of Ballyblack Hall Management Company**
In accordance with your instructions we have compiled these financial statements, set out on pages 5 to 9, of Ballyblack Hall Management Company for the year ended 30 April 2023 from the accounting records, information and explanations supplied to us in order to assist you fulfil your statutory responsibilities.
This report is made to the company's Board of Trustees, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's Board of Trustees that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's Board of Trustees, as a body, for our work or for this report.
We have carried out this engagement in accordance with technical guidance issued by the Institute of Chartered Accountants in Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.
As described on the balance sheet you are responsible for ensuring that the company has kept proper accounting records and preparing financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
**Neeson Chambers Chartered accountants 123/125 Main Street Bangor BT20 4AE**
**Date:**