REGISTERED COMPANY NUMBER: M027554 (Northern Ireland)
REGISTERED CHARITY NUMBER: NIC101358
Report of the Trustees and
Unaudited Financial St8tements
for the Year Ended 31 March 2023
for
BALLYMOTE COMMUNITY PROJECT LIMrrED
M.B.McGrady & Co
Chartered Accountants
Rathmore House
52 St Patricks Avenue
Downpatrick
Co. Down
BT30 6DS

BALLYMOTE COMMUNITY PROJECT LIMITED
Contents of the Financial Staternents
FOR THE YEAR ENDED 31 MARCH 2023
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
6 to 7
Notes to the Financial Statements

BALLYMOTE COMMUNITY PROJECT LIMITED
Report of the Trustees
FOR THE YEAR ENDED 31 MARCH 2023
The trustees who are also diIe¢tors of the charity for the purposes of the Companies Act 2006, present their report with
the fmancial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of
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 l January 2019).
oB￿EcTIVEs AIYD ACTIVITIES
Objectives and ain
The charity's mission statement is as follows..
the development of a strong community Spirit through the creation of pride, employment and training opportunities and
social interaction within its lo¢al area.
The key strategic objectives set for the year continues.,
l. To encouTage people to become active in a voluntary capacity, organise groups if required and use the facilities
offer¢d within the community centre to make life better for themselves and their neighbours.
2. To create job and training opportunities to people of all ages within the local community thiough the provision of a
range of business units, offices, training rooms and catering facilities at favourable ternis to encourage inward
investment in people within the geographic area.
3. To ￿rther the education of people in a range of skills in the Tetail and service sectors and tbrough opportunities to
participate in non-vocational education, numeracy, lit¢ra¢y and other life-long skills.
4. To provide assistance in small amounts of Start-up finance or rent holidays and technical or busin¢55 advice to assist
and create new businesses to gTOW or to maintain existing businesses.
5. To continue to provide community based initiatives throush debt advice, community development Se￿]CeS, grant
advice services and a wide range of health services which all help to encourage unemployed and disadvantaged people
to find ways to improve their circumstances and enhance their personal development.
STRATEGIC REPORT
Financial review
Principal ￿nding sources
The principal funding sources of the charity is through rental income of business units, office5. training roorns and
catering faciliti¢s situated within tbe community centre.
Reserve5 policy
The trustees have examined the charity's requirements for reserves in light of the main risks of the organLSation. It has
established a policy whereby the unrestricted funds not committed or invested in taDgibl¢ fued assets held by the charity
should be between 3 to 6 Months expenditure.
Future plans
The charity is committed to the continued provision of cu￿ent services subject to satisfactory thnding arrangements.
The trustee5 of the charity inCU￿ed expenditure of £38,695 within the fmancial year on car parking. Of the £70.000
desi￿ated reserves set aside previously In relation to projects there remains at the end of the fmancial year 31 March
2023, £31,305 for future additional car parking and internal upgrading of the building to provide enhanced energy
provisions.

BALLYMOTE COMMUNITY PROJECT LIMITED
Report of the Trustees
FOR THE YEAR ENDED 31 MARCH 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing documenL a deed of trust, and constiNtes a limited company, limited by
guarantee, as defmed by the Companies Act 2006.
The organisation is a Charitable company 17rnited by guarantee, incorporated on 14th June 1993 and Tegi5tered as a
charity on 15th September 2015. The company w85 established under a MemoTandum of Association which established
th¢ objects and powers of the charitable company and is governed under its Articles of Association.
The Memorandum lists the company's objects as the advancement of community development for the public benefit in
Downp8trick (the area of benefit"), in particular but not exclusively by any or all of the following means:
(i) supporting and developing the work of the conununity and Yoluntary groups in charitable activity which seek to
improv¢ the quality of life of the inhabitants of the area of benefjt;
(li) the creation of training and employment opportunities for the unemployed by the provision of workspace, buildings
andlor land for use of favourable temis;
(iii) the advancement of education, training or retraining, particularly among unemployed people, and providing
unemployed people with work experience.
(iv) the piovision of financial assistance, technical assistance or business advice or consultancy in order to provide
training and employment opportunities for unemployed people in cases of f￿ancial or other charitable need through help
in setting up their own business or to existing businesses.
In the event of the company being wound up, members are required to colltribute an amount not exceeding £1.
Recruitment and appointment of new trustees
The directors of the company are also charity trustees for the purpose of charity law and undeT the company's articles of
association shall manage the business of the company and exercise all powers of the company. At each annual general
meetin8. one third of the directors retiie by rotation. I)ue to the nature of the charity's work, the trustees seek to ensure
that the needs of the community are appropriately reflected through the diversity of trustees. To enhance this, trustees are
sought who have an interest and understanding of the charity's work.
Organisational structure
The Centre is a social enterprise managed by a voluntary boaTd of members. The board oversees the centre through a
general manager who has designated responsibility for the day to day operational management of the centre, individual
supervision of the staff t¢am and ensuring that the team continue to dcvelop their skills and working performance in line
with good practice. The fmancial aspect of the centre is managed by the charity's fmance offIcer whose function is to
monitor and report to the board to enable them to make infomied funding dectsions for the charity not only for the
present but also in ensuring the charity's objectives are sustained going foTwaTd.
Charity Commtttee
Mr Patrick Kelly- Chairperson
Mr Derniot McNabb - Vice Chairperson
Ms Mary Maguir¢
Mr Patrick Peake
Mr Joseph Torney
Mr Eamonn McGrady- Secretary
Mr Richaid McGreevy
Mr Joe Mcstay
Mr Stsven Austin
Related parties
There are no related parties within the fman¢ial year under review.

BALLYMOTE COMMUNITY PROJEcf LIMITED
Report of the Trustees
FOR THE YEAR ENDED 31 MARCH 2023
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
N1027554 (Northern Ireland)
Registered Charity number
NIC101358
Registered offIce
40 Killough Road
Downpatrick
BT30 6PY
Trustees
Ms M Maguire
Mr D McNabb
Mr P J Kelly
Mr P Peake
Mr J Tomey
Mr E McGrady
MT R McGreevy
Mr S Austin (appointed 111812022)
Mr J Mcstay (appointed 811112022)
Company Secretary
Mr E McGTady
Independent Exsminer
Mr Conaill McGrady FCA
M.B.McGrady & Co
Chartered Accountants
Ratknnore House
52 St Patricks Avenue
Dovmpatrick
Co. Down
BT30 6DS
Banker5
AIB
42 - 44 Hill Street
Newry
BT34 IAU
Solicitors
Scullion & Green
50 St Patrick's Avenue
Downpatrick
BT30 6DW
Report of the trustees, incorporating a strategic repor¢ approved by order of the board of trustees, as the company
directors, on 31 October 2023 and signed on the board's behalf by.,
Mr J Torney - Trustee

Independent Examiner's Report to the Trustees of
Ballymote Community Project Limited
I report on the accounts of the company for the year ended 31 March 2023, which are set out on pages flve to elev¢n.
Respective responsibilities of charity trustees and examlner
As the charity's trustees (and also the directors for the purposes of company law) you are responsible foT 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
exam2nation, it is my responsibility to..
examine the accounts under Section 65 of the Charities Act
follow the procedures laid down in the general Directions given by the Charity Commission foi Northern Ireland
under Section 65(9)(b) of the Charities Act
state whether particular matt¢rs have come to my attention,
Basis of the independent examiner's report
I have examined your chai'ity 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 Chai'ities Act. The examination included a review of the accounting record5 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 s¢eking explanations from you a5 charity trustees concerning any 5u¢h matters.
My role is to state whether any material matters have Come to my attention giving me cause to believe:
That accounting records were not kept in accordance with Section 386 of the Companies Act 2006
That the accounts do not accord with those accounting records
That the accounts do not comply with the ac¢ounting requirements of Section 396 of the Companies Act 2006
and with the rnethods and pi'inciples of the Charities Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with tbe Financial Reporting Standard applicable in the UK and Republic
of Ireland
That there 15 further information needed for a proper understanding of the accounts to be r¢ached.
Independent examiner's statement
I have completed my exatnination and have no concerns in respect of the matters (l) to (4) listed above and, in
connection with following the Directions of the Chai'ity Commission for Northern Ireland, I have found no matters that
require thawing to your attention.
Mr Conaill McGr
FCA
The Institute of Chartered Accountants in Ireland
M.B.McGrady & Co
Chartered Accountants
Rathmore House
52 St Palricks Avpiiue
Downpatrick
Co. Down
BT30 6DS
31 October ?023

BALLYMOTE COMMUNITY PROJEcf LIMITED
Statement of Finanelal Aetivities
FOR THE YEAR ENDED 31 MARCH 2023
3113123
Total
funds
3113122
Total
funds
Unrestricted
funds
Restricted
fund
Notes
INCOME AND EIWOWMENTS FROM
Charitable activities
GENERAL
185,049
185,049
169,321
EXPEIYDITURE ON
Charitable activities
GENERAL
200,944
200,944
168,582
NET INCOMEI(EXPENDITURE)
(15,895)
{15,895)
739
RECONCILIATION OF FUNDS
Total funds brought forward
1,808,720
1,808,720
1,807,981
TOTAL FUNDS CARRIED FORWARD
1,792,825
1,792,825
1,808,720
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements

BALLYMOTE COMMUNITY PROJECT LIMITED
Balance Sheet
31 MARCH 2023
3113123
Total
funds
3113n2
Total
funds
Unrestricted
funds
Restricted
fund
Notes
FIXED ASSETS
Tangible assets
1,526,114
1,526,114
1,538,209
CURRENT ASSETS
Debtors
Cash at bank
16,295
269,461
16,295
269,461
14,633
272,346
285,756
285,756
286,979
CREDJTORS
Amounts falling due within one year
(19,045)
(19,045)
(16,468)
IYET CURRENT ASSETS
266,711
266,711
270,511
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,792,825
1,792,825
1,808,720
P4ET ASSETS
1,792,825
1,792,825
1,808,720
FUNDS
Unrestricted ￿llds
1,792,825
1,808,720
TOTAL FUNDS
1,792,825
1,808,720
The charitable company is entitled to exernption from audit under Section 477 of the Companies Act 2006 foi the year
ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the
Companies Act 2006 and
preparing f￿anCIal statements which give a true and fair view of the state of affairs of the charitable company as
at the end of each f￿all¢la1 year and of its surplus or deficit for each fU￿ncl21 year in accordance with the
requirement5 of Sections 394 and 395 and which otherwise comply with the requiiements of the Companies Act
2006 relating to f]nancial statements, so far as applicable to the charitable company.
(b)
The notes forn] part of these fLnancial statements

BALLYMOTE COMMUNITY PROJECT LIMITED
Balance Sheet- continued
31 MARCH 2023
These f]nancial statement5 have been prepared in accoTdance with tlje provisions applicable to charitable companies
subject to the small ¢ompanies regime.
The financial stateLnents were appToved by the Board of Trustees and authorised for issue on 31 October 2023 and were
signed on its behalf by..
Mr P J Kelly- Trustee
The notes form part of these financial statements

BALLYMOTE COMMUNITY PROJECT LIMITED
Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2023
ACCOUNTING POLICIES
Basis of preparing the financial statement5
The financial statements of the char7lable Company, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement
of Recornmended Practice applicable to charities preparlng their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK alld Republic of
Ireland, and the Companies Act 2006. The f￿anCIal statements have been prepared under the historical cost
convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it
is probable that the income will be received and th¢ amount can be measured reliably.
Expenditure
Liabilities are recognised as expendiNre as soon as there is a legal or constructive obligation committing the
charity to that expenditure. it is probable that a transfer of economic benefIts will be required in settlement and
the amount of the obligation can b¢ measured reliably. Expenditure is accounted for on an accruals basis and has
been classified under headings that aggregate all cost related to the Category. Where costs cannot be directly
attributed to particular headings they have been allocated to activities on a basis consistent with the use of
resources.
Tangible fixed Sssets
Depreciation is provided at the following annual rates in order to write off each asset over it5 estimated useful
life.
Freehold Property- 2010 straight line
Plant and Machinery - 20 0/0 reducing balance
Fixtures and Fittings - IOO/o reducing balance
Equipment_ 200/0 reducing balanc¢
Taxation
The cbarity is exempt from COTporation tax on its charitable activities.
Fund aecounting
Unrestricted funds Can be used in accordance with the charitable objective5 at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Furtber explanation of the nature and purpose of each fund is included in the notes to tbe fjnancial strdtements.
PensRon costs and other post-retirement benefits
The Charitable company operates a defJJ]ed contribution pension scheme. Contributions payable to the charitable
companys pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...

BALLYMOTE COMMUNITY PROJECT LIMITED
Notes to the Financial Statements- continued
FOR THE YEAR ENDED 31 MARCH 2023
NET INCOMEIIEXPENDITURE)
Net incorne/(expendI￿re} is stated after chargin￿(CreditIng)'.
3113123
3113ll2
Independent examination fees
Depr¢ciation - owned assets
2,200
50,790
2,000
50,559
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2023 nor for the year ended
31 March 2022.
Trustees, expenses
There were no trustees, expense5 paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
STAFF COSTS
The average monthly number of employees during the year was as follows,.
3113123
3113122
Employees
No employees received emoluments in excess of £60,000.
TANGIBLE FIXED ASSETS
Fixtures
and
rittings
Freehold
property
Plant 2nd
machinery
Equipment
Totals
COST
At l April 2022
Additions
2,307,616
38,695
17,560
78,520
5,773
2,409,469
38,695
At 31 March 2023
2,346,311
17,560
78,520
5,773
2,448,164
DEPRECIATION
At l April 2022
Charge for year
803,948
46,926
13,518
808
48,080
3,044
5,714
12
871,260
50.790
At 31 March 2023
850,874
14,326
51,124
5,726
922,050
NET BOOK VALUE
At 31 March 2023
1,495,437
3,234
27,396
47
1,526,114
At 31 March 2022
1,503,668
4,042
30,440
59
1,538,209
continued...

BALLYMOTE COMMUNITY PROJECT LIMITED
Notes to the Financial Statement5 - continued
FOR THE YEAR ENDEID 31 MARCH 2023
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
3113123
3113n2
Trade debtors
Other debtors
15,678
617
14,226
407
16,295
14,633
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
3113123
3113122
Trade creditors
PAYE & NIC
3,632
790
666
240
6,468
8,304
Pension
VAT
Accruals and deferTed income
6,894
8,519
19,045
16,468
MOVEMENT IN FUNDS
Net
movement
in funds
Tr2nsfers
between
funds
At
3113123
At 114122
Unrestricted funds
General fund
Designated fund
1,738,720
70,000
(15,895)
38,695
(38,695)
1,761,520
31,305
1,808,720
{15,895)
1,792,825
TOTAL FUNDS
1,808,720
(15,895)
1,792,825
Net movement in funds, included in the above are as follows.,
Incoming
resources
Resource5
expended
Movement
in funds
Unrestricted funds
General fund
185,049
(200,944)
(15,895)
TOTAL FUIYDS
185,049
(200,944}
(15,895)
io
continued...

BALLYMOTE COMMUNITY PROJECT LIMITED
Note5 to the Financial Statements - eontinued
FOR THE YEAR ENDED 31 MARCH 2023
MOVEMENT IN FUIqDS - continued
Comparatives for rnovement in funds
Net
movement
in funds
At
3113ll2
At 114121
Unrestricted funds
General thnd
Designated fijnd
1,737,981
70,000
739
1,738,720
70,000
1,807,981
739
1,808.720
TOTAL FUNDS
1,807,981
739
1,808,720
Comparative net movement in fimds, included in the above are as follows..
Ineoming
resources
Resourcos
expended
ovement
in fund5
Unrestricted funds
General fund
169,321
(168,582)
739
TOTAL FUNDS
169,321
(168,582)
739
Transfers between funds
The charity has designated £70,000 of its current reserves for the future replacement of car parktng facilities
onsite and joint fi￿dIng of a new filling station project. During the financial year the charity incurred expenditure
of £38,695 in relation to the car park. This has been transferred to general reserves leaving a designated reserves
balance of £31,305 to ￿nd the remaining filling station project.
RELATED PARTY DISCLOSURES
There were no related paty transactions for the year ended 31 March 2023.