REG￿TeRED COMPANY NU￿￿BER. N11127554 (Northern Ireland}
REGISTERED CHARITY NUMBER: NIC101358
Report uf the Trustees and
Utt4udlted Flnancial Statem¢ttts
for the Year Ellded 31 March 2024
for
BALLYMOTE COMMtrNITY PROJECT LIMITED
M.B.McGrady & Co
Chartered Accountants
R3thmore House
52 St Patrick5 Avenue
Dowupairick
Co. Down
BT30 ODS

BALLYMOTE COMMUNITY PROJECT LIMITED
Contents of the Finoneial Statements
FOR THE YEAR ENDED 31 MARCH 2024
Page
Report of the Trustees
Independent Exatniner's R¢port
Statement of Financial Activities
Ba12n¢e Sheet
Notes to the Financial Statements
8 to 11

BALLYMOTE COMMUNITY PROJECT LIMITED
Report of the Tru5ttes
FOR THE YEAR ENDED 31 MARCH 2024
The tsusttts who are also directors of the chArity for th¢ PUryM)ses of the Companies Act 2006, present their report with
the financial ststements of the charity for the year ended 31 Mllrch 2024. The Irustccs havL adopted the provision¥ of
A¢counting and ii¢porting by Charities.. Statement of Recijrntneiided Prdctice applicable to charities prepa[￿g theii.
accounts iii accordan¢¢ with th¢ Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102}
(effective l January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The chan'tys mission statement is a8 follows..
"the development of a stTong community spirit through the ereatKon gf prid¢, employment and training opporbjnities and
social interaction wiihin its local area."
Thc key strate￿¢ objectives set for th¢ year ¢ontinucs.'
l. To encourage people to become active in a vol￿tary capacity, organise groups if requ]red and use the facilities
offered withÈn the comTnimity centre to make life beller for themselves and their neighbours.
2. To Lreate job ond training opporwnities to p¢ople of all ages within the local coEnmunity t￿oUgh the provision of a
rang¢ of business units. offices, training roonLS and catering fa¢ilities at favourable temis to encourag¢ inward
inv¢stmcnt in peopl¢ within the geographic area.
3. To ￿rther the education of people in a range of skills in the retail and service sectors and through opportunities to
particl￿te in noll-vocatiotM] education. numeracy, IJ"terdCy and oth¢r life-long skills.
4. To provide agsistance ill stnall amounts of start-up tinance or rent holidays and te¢bnical or business advice to assist
and ¢r¢ate new busin¢ss¢s to ￿0w OT to Inaintain ￿15t]ng businesses.
5. To continue to provide community based initiatives through debt advice, cominunity development services, grdnt
advice services 3nd a wide range of health services ivhich all help to encourage une￿pI0yed and disadvantaged PLX)pItr
to fiud ways to improve their circumstance% and enh4n¢e theiy personal development.
STRATEGIC REPORT
Financldl revlcw
Ptincipal fi￿dIng sourLes
The PrillLiP4I1 ftsllding boutces of the charity 15 through T¢ntal (ncome of buS￿esS utiits. offices, training rooms and
catering fa¢i]ities SI￿ated within the cornmunity eerttre.
Reser￿ policy
The t￿Slee8 hav¢ ¢xarnined the charl￿S requirements for resetves in light of the tudill risks of the organis8tion. It has
established a policy whereby the unr¢5tricted fvnds not committed or invested in tall￿ble fixed Lssets held by the charity
should be between 3 to 6 moT]ths expendEtyr¢.
FU￿re plans
The charity is commirted to tile conts'nued provision of curtenl s¢rvi¢¢s 5ubjccl to ￿lI.￿ractory funding arrangements.
The tNste¢s of the charity have retained designated rese￿eS of £31,30i at th¢ ¢Dd of the financial year 31 MarGh 2tr24
in Telation to project8 relating to additlODal Car parking And intemal upgrading of th¢ bU￿dIng to provide enhanced
¢n¢Tgy provisions.

BALLYMOTE COMMUNITY PROJEcf LtMrrED
Report of the Ttustees
FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE, GOVERNANCE AND MANAGEh(ENT
Governing document
The charity is controlled by its goveming documen¢ & deed of knjst, and con5tithtes 8 limited cornpany, limited by
guarallttt, as dethied by the Companies Act 2006.
The Of¥dni¥ation is a charitable company limited by guardntee, incorporated on 14th June 1993 aud reystered as
charity on Isth Sept¢mber 2015. Th¢ ciympany was established under a Memorandum of A￿ociation w￿ch established
the objects and pow¢rs of th¢ ¢haritsble ¢ornpany and i5 goY¢rned under its Arti¢l¢s of As50¢iation.
The Memorkndum lists the company's objects as rhe advancement of community dev¢Lopm¢nt for thc public benefil in
Downpatrick {the"area of benefit"), inparticular but not exclusively by any or all of the following m¢ans:
{1) supporting and developing the work of the comm￿nity and voluntary ￿0upS in charitable acrivity which seek to
improve the quality of lif¢ of thc inbabitsnts of th¢ arca of ben¢fit'
lill the creation of training and employment OPPO￿ll11t1CS for the un¢rnploy¢d by the provision of workspace. buildings
and'or land for use of favourdble tenJs,'
(iii) the advancemellt of fyJu¢ation, training or retraining, particularly among un¢mploy¢d p¢ople, and PTovidin8
unemployed people with work experientt,.
(iv) the provision of fiDall¢ial a5SiStan¢¢, techni¢zl a5SiStance or business advice or consultsncy in order to provide
trdining and ¢mployrnent opportunities for unemployed people in tas¢s of fiDdncial or other Charitsble need through help
in Setting up theirown business or to existintT businesses.
In the event of the company being woundup. m¢mber5 Jre required io contribute an amount not exceedittg £1.
R¢cruitm¢nt and appointment of ne)v trustee5
The diirctors of til¢ ¢ompany are ais0 choity tn]stees for the puw)se of chariLy law and under the companV5 articles of
association shall manage the busilless of the compthny and exercise all powets of the eompany. Al each annual general
meeting, one third of the directors retire by rotation. Due to the Dath of the clwity's work the tnjstees seek to ensure
that the needs of the community are Jppropriately reflected through d?e d]'versity of trjstees. To enhance tbis. tn￿te¢S are
sought who hav¢ an intercst and underslanibng of the charity'5 work.
OrganisationAI $tru¢ture
The centre is a so¢ial enteiprise mgJThged by A volullt8ry board of in¢thbers. Tli¢ board ovetsees the ¢entre througli a
general manager who has designated resw>nsibilily for the day ro day operational D￿nagement of the cent￿, individual
supervision of tbe staff ieam and eDSLiring that the learn conlinue lo develop Iheir skills and woiking perfomlance in lille
with good practice. The finjncial a5P¢Ct of th¢ c¢ntre 15 managed by the charity's fllknince officer whose fvnction is ro
monitor and report to the board to enable them to rnake informed funding thiS1OT￿ fw the cknrity not only for th¢
pr¢s¢nt but also in ensuring the charitys objectives are sthstained going forward.
Charity Committee
Mr Patrick Kelly- chal￿TS0n
Mr Patrick p￿k¢
Mr Joseph Torn¢y
Mr Earnonn M¢Grady- S¢LYetary
Mr PichaTd McGre¢vy
MrJue MLStsy
Mr Stephen Aubttn
Related partles
There arc no rclatcd parties within thc financiat year under review.
REFERENCE A￿'D ADM￿lSTIL4TlVE DETAILS
Reglstered CompAn> number
N1027554 (Noithtm li'elandl

BALLYMOTE COMMUNITY PROJECT LIMITED
Report of the Trustees
FOR THE YEAR ETrIDED 31 MARCH 2024
Registered Charlty number
NIC101358
Regi5tcrcd officc
40 Killough Road
Downpatrick
BT30 6PY
Trustees
Ms M magUl￿ (r¢signed I Inn024)
Mr D MeNabb (r¢sigied l Lllo024)
Mr P J Kelly
Mr P Peake
r J Torney
Mr E McGrady
fr R McGre¢vy
Mr S Austin
Mr J Mestay
Company Secretary
MT E McGrady
Independent Ex4mlner
Mr Conaill McGrady FCA
M.B.McGrady &Co
Chart¢Ted Accountants
Rathmore Hous¢
52 St Patri¢ks Avenu¢
Downpairick
Co. DowTr)
BT30 6DS
B8Dkers
AIB
42- 44 Hill Stre¢l
Newry
BT34 IAU
Solicltors
Scullion & Green
50 St Patrick's Avenue
Dowijpatrick
BT30 6DW
Report of the ttustee5, inco4Jorating a strat¢gic report, approved by order of the board of tntst¢es, as the c¢)mpany
directors. on 29 Nov¢mber 2024 and sigtLed QD the board's behalf by-
hfr J Torney- Trustee

Independent Examiner's Report to the Trustees ol
Ballymote Community Project Limited
I rq)ort on the a¢eouDts of the eomp#ny for the year ended 31 M*trch 2024, which are set out on pag¢s five to eleven.
Respective responsibilitie5 of charity trostees and ex2mineT
As the charity's tsustees (and also th¢ directors for the putposes of ￿MpanY lawl you are Ksponsible for the prepaTQtion
of the accounts in accordance with the requirements of the Companie8 Act 2006.
Having satisfioj myself Iliat tlie charity is not subject io audit utLdei company IDW and is eligible for irtdependeni
cxan)iiiatioii, it 15 Iny responsibdity to..
examine tl)e accoui)ts under Section 65 of tb¢ Chariti¢s Act
follow the procedures laid down in the general Dir¢¢tions givcn by thc Charity Corntnission for Northern Ireland
under Sectioll 65(91{bl of the Charities Act
state whether particular matters hav¢ come to my attention.
Basis of the Independent examiner's report
I have exarn￿ed your charity a¢coutLts as reqUI￿d under Section 65 of the Charities Act and my examination was carried
out in accoidance with the geneAI Dii"ections givcn by the Chariry COM￿lS$19￿ for Northern Ireland under Section
65{9llbl of the Charities Act. The exanllnation includ¢d a review of the accO¢￿tirtg record5 kept by die charity and
¢ornparison ot th¢ accounts presented with those records. It also included consideration of any unusual items or
disclosur¢s i]1 th¢ ￿counts, and sKknng ¢xplaniltions from you a$ ¢knrity tn]stees coiicerning atty such matt¢rs.
My role is to state whether any mateii21 tnitt¢rs have come to my attention gi¥ir]g me cause to believe:
That accounting records were not kept in accordanc¢ with S¢ction 386 of the Compani¢s Act ?006
That the accounts do not accor(I with th08e accounting ftci)rds
That the accuunts do nol comply with the accuunting rquirements of Section 396 of the Companies Act 21)06
and with the Lnethods and principles of th¢ Charities Statrment of Recornrnended Practice applicable to charities
preparing their accounts in accordance with the Finan¢ial Reporting Standard applicable in the LW and Republic
of Ireland
That there LS fvrther infomiation needed fora proper undetstanding of the ac¢ounts to be reached.
Independent examiner's statement
L havc completed my examiDatioi) alld have ¢on¢ern5 in reS￿ct of the matters {]) to (4) listed above alld. in
¢owi¢rtion with following the Directions of tbe Charity Commission for Nortbern Ireland, I have found no matters that
require th2wing to your att¢ntion,
Mr Conaill McGrady FCA
M.B.McGrady & Co
Chartcwd A¢counrants
Rathrnore House
52 St Patricks Avenue
Downpats"ick
Co. Down
BT30 6DS
Date..

BALL YMOTE COMMUNITY PROJECT LIMITED
Statement of Finanelal Activities
FOR THE YEAR ETr4DED 31 MARCH 2024
3113124
Total
funds
3113n3
Tot21
funds
Unrestricted
fund5
RestrA¢t¢d
fund
Note5
INCOME AND ENDOWMENTS FROM
Charitable activitie5
GENERAL
201291
201291
185,049
EXPENDITURE ON
Chlrrtable xetivltles
GENERAL
211,207
221.207
200,944
NET INCONIEI(EXPENDITURE)
(19916)
(19,916)
(15,895)
RECONCILIATION OF FUNDS
Total funds bi"ou8liL forwttid
,792J25
,792,825
1.808,720
TOTAL FUNDS CARRIED FORWARD
1,772.909
,772,909
1,792,825
CONTINUING OPERATIOL¥S
All income and expenditure ha5 arisen from continuing activities.

BALLYMOTE COMMUNITY PROJECT LIMrrED
BalaNce Sheet
31 K4RCH 2024
3113124
Total
funds
3113123
Total
funds
Unrestrf¢ted
funds
Restricted
fund
Notes
FIXED ASSETS
Tangible assets
1,480,647
IA80,647
,526,114
CURRENT ASSETS
Debtors
Cash at bank
10,250
307a87
10,250
307,387
16,295
269,461
317,637
317,637
285,756
CREDITORS
Amounts falling due within one year
(25J75)
115.375)
(19,(M5J
NET CURREIYT ASSETS
292362
292.262
266,711
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,772.909
1.772,909
,792,825
NET ASSETS
1,772.909
1.772,909
1,792,825
FUNDS
Unrestricted funds
1,772,909
1,792.825
TOTAL Fuf4DS
1,772,909
1,792.825
The cknitable company is entitled to exemption frorn audit under Section 477 of the Companies Act 2006 for the year
ended 31 March 2024.
Thc members have not required the compaiiy to obtain an audit of its finar]¢ial statem¢nt5 for the y¢ar ended
31 March 2024 in accordance Wllh S¢ckn'on 476 of the Companics Act 21)06.
The tNstees acknowledg¢ dieir responsibilities for
(a)
ensuring that the charitable cornpally keeps accoullting rec4)Tds that comply witli S¢clions 386 2nd 387 ot the
Companies Act 2006 and
pr¢pÈring financial statements which give a trll¢ and fair view of the state of affairs of the charitabl¢ company as
at tht end of each fuJ8ncial year anil of its suEplus or deficit for each fiDancial year in accordan¢¢ with the
requlrements of Sections 394 and 395 and whtch other¥vise comply with the requirements of the Compatiies Act
2006 relating to fillanci31 Swcmcnts. sts 85 appltcable to the charitable compa]iy.
(bl

BALLYM(YfE COMMUNITY PROJECT LIMITED
BAlanee Sheet- continued
31 MARCH 2024
These fllwicial stafrments baTre been prepared 2n accordance with the provisiotL% applicable to charitable companies
subject to the small fOLnpallies regime.
Th¢ financial S￿lements were approved by the Board of Trustees and authoTised for issue ou 29 November 2024 and
weK signed on its behaifby..
Mr P J Kelly - Tntstee
-*&L__.

BALLYMOTE COMMUNITY PRQIECT LIMITED
Notes to the Financlal Stitement5
FOR THE YEAR ETr4DED 31 MARCH 2024
ACCOUYTING POLICIES
B45is of preparing the financiAI st4temettts
The financial statements of die charitable company. whicli is a public benefii entity under FRS 102. lJave been
prcpared in accordance with the Charilie5 SORP (FRS 102) 'Accounting and Reporting by Charities." Stat¢ment
of R¢commellded PrnctiLe applicable to ch￿￿tleS pr¢paring their accounts in accordance with the Finau¢ial
Reporting Standard applicable th¢ UK and Republic of Ireland IFRS 102) (effecttve l January 2019),,
Financial Reporting Standard 102 'Th¢ Financial Reporting Standard applicable in the UK and Republic of
Irelaiid, and the CoTnpanies Act 2006. Th¢ flnancial statements have been prepared under the historical cost
convcntio
IDcome
All income ts recognised in the Si8tcment of Fir￿￿￿1a1 Activities oD¢e the charity bas entitlejnent to the funds, IL
is probable that the income will b¢ rcceived aDd the amount can be m¢asiwed reliably.
Expendtthre
Liabililies are r¢¢ognised as expendifure as soon as th￿¢ is a legal or ¢0nStn￿t1ve obligation ¢ommitting the
charity to that expenditure. it i& probable thai a rransfer of economic benefits will be rquired In settlemei)t and
the amount of th¢ obligation can be meaSU￿d r¢liably. Expenditure is account¢d for ou all accrnais ba5]5 and lias
been classified under headings that aggregate all ¢ost related to die category. WlJ¢r¢ costs caTJttOt be diwtly
attribukd to partlcular beath.ngs they have been allo¢ated to ac(Ivities on 8 basis Co￿15t¢D1 with the use of
resources.
Tanglble fixed fissets
Depreciation 19 provided ot the following annual rates in ord¢r tt> SVTite off each asset over its estsrnatEd ￿seful
life.
Freehold Prop¢rty - 2Q/o sttaight line
Plant and Machinery- 20 V/0 r¢ducitig balanc¢
Fixtt]res and Fittings- IOQ/u rethicing balance
Equipment- 200/0 reducing balance
Taxation
The charily i.% exempt from corpoiation tax on its charitable a¢tivittes.
Fund ae¢oundng
Unrestricted funds E¢ used in accoAlance with the chatrit2bl¢ objectives at the discretion of th¢ (N5te¢s.
R¢stricted thJt￿ can only be used for particular rt5tric¢ed pu4)oses within the objects of the charity. Restn"¢tions
atise when specified by the donor or when fjjnds are raised for particular ￿stricted purposes.
Furth¢r Cxplanalion of the ndture artdpuTpose of each fimd 15 included in th¢ not¢5 to the finanrial ￿atementS.
Penslon costs and other post-retirement benefits
The cbaritabl¢ conipany operates a defin¢d contribution p¢nsion scheme. Cotstributions payable to the charitable
compally's p¢nsion scheme are clwged to th¢ Statement of Financial ActLVlti¢s in the peIiod to whicli they relate.

BALLYMOTE COMMUNITY PROJECT LIMITED
Notes to the Financial Statements- coRtinucd
FOR THE YEAR ENDED 31 MARCH 2024
NET INCoME1￿xPEI¥DlTuRE)
Net incom¢/(expenditurel is slated aft¢r Chargin￿(¢[edIting)'.
3113124
3113123
Independent cxamination fecs
Depre¢i8tion- owned 8s5ets
2,500
50?63
2,200
50.790
TRUSThES' REMULIERATION ATrID BENEFITS
There w¢re llo trUsttr￿. remuncrdtion or otber b¢n¢fits for the year ended 3 1 March 2￿24 Dor for th¢ y&gr ended
31 March 2023.
Trustees, expenses
There were no trust¢¢s' ¢xpeJis&g paid for ihe year ended JI M¥rch 2024 not for th¢ year ended 31 March ?023.
STAFF COSTS
The averag¢ monthly number of employees dLiringth¢ year was as follows..
3113124
3113123
Employees
No employees receifvtd ernolwnents in excess of £60,(KJO.
TANGIBLE FIXED ASSETS
Fixture$
and
rittillgs
Frcebold
proporty
PIAnt and
machlnery
F4uipment
Totsls
COST
Ai i April 2023
AdditlOT]S
2J46Jll
17,560
78,520
4,896
5,773
2,448,164
4,896
At J l MaTch 2024
2J46Jl I
17.5611
83,416
5,773
1453,060
DEPRECIATION
At l April 2023
ChaTgc for ycar
850.874
46.926
14J26
647
51,124
2,781
5.726
922,050
50,363
At 31 March 2024
897.800
14.973
53.905
5,735
972.413
NET BOOK VALUE
At 31 .March 2024
1848511
2,587
29511
J8
1,480,647
At 31 March 2023
1.495,437
3,234
27.396
47
1,526,114

BALLYMOTE COMMUNITY PROJEcf LLVIITED
Notei to the Financial Statements- condnued
FOR THF. YEAR E.NDED 31 MARCH 2024
DEBTORS: AMOtINrs FALLING DUE WITHIN OIYE YEAR
31r3124
3113123
Tradc debtors
Other d¢btors
10,250
15,678
617
10,251)
16,295
CREDITOILS.. AMOUNTS FALLING DUE wrrlliN ONE YEAR
3113124
3113123
Trade creditors
VAT
Aceruals and deferred in¢ome
6,605
IlJ91
7,379
3.632
6,894
8,519
25J75
19,045
MOTrIMENT ￿ FUNDS
Net
movement
In fund5
At
3113124
At 114123
UMrc$tricted funds
General fijnd
DeSigna￿d ￿lld
1,761520
31 J05
119,916)
1,741,604
31JOS
1,792.825
(19.9161
1.772.909
TOTAL FUTrIDS
1,792J25
(19,916)
1,771909
Net moven*ttt In fi￿d￿, included in th¢ above arc as follow5..
In¢orning
resources
Rc50urces
expended
Movement
In funds
UDrertrl¢ted funds
Gelleral fi￿d
201291
(2212lJ7)
(19,916)
TOTAL FUNDS
201291
1221,207)
(19,9161

BALLYMOTE COMMUNITY PROJECT LIMITED
Notes to the Flnanclal Statement5- contlnued
FOR THE YEAR EM)£D 31 MARCH 2024
MOVEMENT IN FUNDS- continutd
Comp4r#tive5 for movement In fund5
Iyet
movement
fund5
Tranrfers
between
funds
At
31rJr23
At 114122
Llnrestritted funds
General fund
Deslgnatcd fund
1,738.720
70,000
(15.895}
38.695
138,695)
1.761,520
31.305
1,808,720
(15,8951
1,792,825
TOTAL FUNDS
1,808.720
(15,895)
,792,825
Comp2rdtiv¢ nct movement in fi￿ds, included in rhe abovE are as follows..
Ineomillg
resources
R¢$ource5
expended
Muvement
In funds
Ullrestrifted funds
General fi2nd
185,049
{2(K).944)
(15,8951
TOTAL FUNDS
185.049
(200,9441
115,8951
RELATED PARTY DISCLOSURES
There were no related paty transactions for the year ended 31 March 2024.