REGISTERED COMPANY NUMBER: N1027554 (Northern Ireland)
REGISTERED CHARITY NUMBER: F4IC101358
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 March 2025
for
Ballymote Community Project Limited
M.B.McGrady & Co
Chartered Accountants
Rathmore House
52 St Patricks Avenue
Downpatrick
Co. Down
BT30 6DS

Ballymote Community Projeet Limited
Contents of the Finaneial Statements
for the Year Ended 31 March 2025
Page
Report of the Trustees
Independent Examiner's Report
Statement of Finaneial Activities
Balance Sheet
Notes to the Financial Statements
8 to 12

B8llymote Cotnmunity Project Limited
Report of the Trustees
for the Year Ended 31 March 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, PTesent their report with
the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of
Accounting and Reporting by Charities- Statement of Recomtnended Practice applicable to charities preparing theiT
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019).
OWECTIVES AND ACTIVITIES
Objectives and aims
The charity's mission statement is as follows:
"the development of a strong community spirit throuJo the Creation of pride, employment and training opportunities and
social interaction within its local area."
The key strategic objectives set for the year continues:
l. To encourage people to become active in a voluntary capacity, organise groups if required and use the facilities
offered within the cornmunity 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 comrnunity through the provision of a
range of business units, offices, training Tooms and catering facilities at favourable temis to encourdge inward
investment in people within the geographic area.
3. To further the education of people in a range of skills in the retail and service sector5 and tl]rough opportunities to
participate in non-vocational education, numeracy, literacy and other life-long skills.
4. To provide assistance in small amounts of start-up finance or rent holidays and technical or business advice to assist
and create new businesses to grow or to maintain existing businesses.
5. To continue to provide community based initiatives through debt advice, comrnunity development services. grant
advice services and a wide range of health services which all help to encourage unemployed and disadvantaoed people
to find ways to improve their CiTcumstances and enhance their personal development.
STRATEGIC REPORT
Financial review
Principal funding sources
The principal funding SOUTces of the charity is through rental income of business units, o￿l¢eS, trdining roon]s and
catering facilities situated within the community centre.
Reserves policy
The trustees have examined the charity's Tequiiements for reserves in light of the main risks of the organisation. It has
established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity
should be between 3 to 6 rnonths expenditure.
Future plans
The charity is committed to the continued provision of cU￿ellt services subject to satlsfactory funding arrangernents.
The trustees of the charity have retained designated reserves of £31,305 at the end of the financial year 31 March 2025
in relation to projects Telating to 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 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by it5 goveming document, a deed of trus¢ and constitutes a limited company, limited by
guarantee, as defmed by the Companies Act 2006.
The organisation is a charitable cornpany limited by guarantee, incotporated on 14th June 1993 and registered as a
charity on 15th Septernber 2015. The company was established under a Memorandurn of Association which established
the objects and powers of the charitable company and is governed under its Articles of Association.
The Memorandum lists the company's objects as the advancernent of community development for the public benefit in
Downpatrick (the "area of benefit"), in particular but not exclusively by any or all of the followinly rneans..
(i) supporting and developing the work of the cotnmunity and voluntary groups in charttable activity which seek to
improve the quality of life of the inhabitants of the area of benefit.
(li) the creation of training and employrnent opportunities for the unernployed by the provision of workspace, buildings
andlor land for use of favouTable tenns"
(iii) the advancement of education, training or Tetraining, particularly among unemployed people. and providing
unemployed people with work experience.
(iv) the provision of financial assistance, technical assistance or business advice or consultancy in order to provide
training and employment opportunities for unemployed people in cases of financial or other charitsble need through help
in setting up theiT own business or to existing businesses.
In the event of the company being wound up, rnembers are requiTed to contribute an amount not exceeding £1.
Recruitment and appointment of neiv trustees
The directors of the company are also charity trustees for the purpose of charity law and under the company's articles of
association shall manage the business of the company and exercise all powers of the company. At each annual general
meeting, one third of the directors retire by rotation. Due 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 enteTprise managed by a voluntary board 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 team and ensuring that the team continue to develop their skills and working perforn]ance in line
with good practice. The financial aspect of the centre is Tnanaged by the charity's finance officer whose function is to
monitor and report to the board to enable them to make inforn]ed ￿nding decisions for the charity not only for the
present but also in ensuring the charity's objectives are sustained going forward.
Charity Committee
Mr Patrick Kelly - Chairperson
Mr Patrick Peake
Mr Joseph Torney
Mr Eamonn McGrady- Secretary
Mr Richard McGree*y
Mr Joe Mcstay
Mr Stephen Austin
Ms Orla Ward
Relgted parties
There are no related parties within the fmancial year under Teview.
REFEREIYCE AND ADMINISTRATIVE DETAILS
Registered Company number
N1027554 (Northern Ireland)

Ballymote Community Project Limited
Report of the Trustees
for the Year Ended 31 MArch 2025
Registered Charity number
NIC101358
Registered office
40 Killough Road
Downpatrick
BT30 6PY
Trustees
Ms M Maguire (reSI￿¢d i inn024)
Mr D McNabb (resigned 111712024)
MT P J Kelly
Mr P Peake
Mr J Torney
Mr E McGrady
Mr R McGreevy
Mr S Austin
Mr J Mcstay
Company Secretary
Mr E McGrady
Independent Examiner
Mr Conaill McGrady FCA
M.B.McGrady & Co
Chartered Accountants
Rathmore House
52 St Patricks Avenue
Downpatrick
Co. Down
BT30 6DS
Bankers
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 reporl approved by order of the board of trustees, as the company
directors, on 29 July 2025 and signed on the board's behalf by..
Mr J Tomey - Trustee

Independent Examiner's Report to the Trustees or
Ballymote Community Project Limited
I report on the accounts of the company for the year ended 31 March 2025. which are set out on pages five to twelve.
Respective responsibilities of charity trustees and examiner
As the charity's trustees (and also the directors for the purposes of company law) you 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-
examine the accounts under Section 65 of the Charities Act
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
state whether particular matters have come to my attention.
Basis of the independent examiner's report
I have examined your charity accounts as required under s￿tiOn 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 unusuaI 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 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 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
That there is further inforniation needed for a proper understanding of the accounts to be reached.
Independent examiner's statement
I hav¢ completed my examination and bave no concerns in Tespect of the matters (l) to (4) listed above and, in
connection with following the Directions of the Charity Commission for Northern Ireland, I have found no rnatters that
require drawing to your attention.
Mr Conaill McGrady FCA
M.B.McGrady & Co
Chartered Accountants
Rathmore House
52 St Patricks Avenue
Downpatrick
Co. Down
BT30 6DS
29 July 2025

Ballymote Community Project Limited
Statement of Fin2n¢i21 Activities
for the Year Ended 31 March 2025
3113125
Total
funds
3113124
Total
funds
Unrestricted
funds
Restrieted
fund
Notes
INCOME AND ENDOWMENTS FROM
Charitable activities
GENERAL
197,907
197,907
201,291
Investment income
6,284
6284
Totsl
204,191
204.191
201,291
EXPENDITURE ON
Charit2ble activities
GENERAL
198273
198273
221,207
NET INCOME/{EXPENDITURE)
5,918
5,918
(19.916)
RECONCILIATION OF FUNDS
Total funds brought forward
1,772,909
1,772,909
1,792,825
TOTAL FUNDS CARRIED FORWARD
1.778,827
1,778,827
1,772,909
CONTINUING OPERA TIONS
All income and expenditUTe has arisen frorn continuing activities.
The notes forni part of these financial statements

Ballymote Community Project Limited
Balance Sheet
31 March 2025
31nn5
Total
funds
31rJ124
Total
funds
Unrestricted
funds
Restricted
fund
Notes
FIXED ASSETS
Tangible assets
1,431,105
1,431,105
1,480,647
CURRENT ASSETS
Debtors
Cash at bank
9?93
355,234
9J93
355234
10,250
307.387
364.627
364,627
317,637
CREDITORS
Amounts falling due within one year
(16,905)
(16,905)
(25,375)
NET CURRENT ASSETS
347,722
347,722
292,262
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,778,827
1,778,827
1,772,909
NET ASSETS
1,778,827
1,778,827
1,772,909
FUNDS
Unrestricted funds
1,778,827
1.772,909
TOTAL FUNDS
1,778,827
1,772,909
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 March 2025 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 financial statements which give a true and fair view of the state of affairs of the charitable company as
at the end of each fmancial year and of its surplus or deficit for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirernents of the Companies Act
2006 relating to financial stateTnents, so far as applicable to the charitable company.
(b)
The notes forni part of these financial statements
continued...

Ballymote Community Project Limited
Balance Sheet- continued
31 March 2025
These financial statements have been prepared in accordance with the provisions applicable to charitsble companies
subject to the small companies regime.
The financial Statements were approved by the BoaTd of Ttustees and authoiised for issue on 29 July 2025 and were
signed on its behalf by..
Mr P J Kelly - Trustee
The notes forni part of these financial staternents

Ballymote Community Project Limited
Notes to the Financial Statements
for the Year EJJded 31 March 2025
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable 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 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),,
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost
convention.
Ineome
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 the amount can be rneasured reliably.
Expenditure
Liabilities are Tecognised as expenditure 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 be 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 diTectly
attributed to particular headings they have been allocated to activities on a basis consistsnt with the use of
resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated usehl
life.
Freehold Propety - 2•/0 straight line
Plant and Machinery - 20 0/0 reducing balance
FixtUTes and Fittings - l 00/0 reducing balance
Equipment . 20010 reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted fvnds 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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefjts
The charitable company operates a defined contribution pension scherne. Contributions payable to the charitable
company's 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 2025
INVESTMENT INCOME
3113125
3113124
Deposit account interest
6,284
NET INCOMEI(EXPEIYDITURE)
Net incomel(expendI￿re) is stated after chaTging(crediting)-'
3113r25
3113124
Independent examination fees
Depreciation - owned assets
2,500
50,496
2,500
50,363
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended
31 March 2024.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
STAFF COSTS
The average monthly number of employees during the year was as follows:
3113r25
31nn4
Employees
No employees received emoluments in excess of £60,000.
continued...

Ballymote Community Project Litnited
Notes to the Fin2neial Statements - continued
for the Year Ended 31 March 2025
TANGIBLE FIXED ASSETS
Fixtures
and
rjttings
Freehold
property
Plant and
machinery
Equipment
Tota15
COST
At l April 2024
Additions
2J46all
17,560
83,416
954
5,773
2,453,060
954
At 31 March 2025
2J46Jll
17,560
84a70
5,773
2,454,014
DEPRECIATION
At l April 2024
Charge for year
897,800
46,926
14,973
517
53,905
3,046
5,735
972,413
50,496
At 31 March 2025
944,726
15,490
56,951
5,742
1,022,909
NET BOOK VALUE
At J l March 2025
1,401,585
2,070
27,419
31
1,431,105
At 31 March 2024
1,448,511
2,587
29,511
38
1,480,647
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
3113125
31nn4
Trade debtors
9J93
10,250
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
3113n5
3113ll4
Trade creditors
VAT
AccnMls and deferred income
640
8,483
7,782
6,605
11,391
7,379
16,905
25,375
MOVEMEJYT IN FUNDS
Net
movement
in funds
At
3113125
At 114124
Unrestricted funds
General fund
Designated fund
1,741,604
31J05
5,918
1,747,522
31JOS
1,772,909
5,918
1,778,827
TOTAL FUNDS
1,772,909
5,918
1,778,827
io
continued...

B8llymote Community Project Limited
Iyotes to the Financial Statements continued
for the Year Ended 31 March 2025
MOVEMENT IN FUl￿s - continued
Net movement in fvnds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
204,191
{198273)
5,918
TOTAL FUNDS
204,191
(198,273)
5,918
Comparatives for movement in funds
Net
movement
in funds
At
3113124
At 114123
Unrestricted funds
General fund
Designated fund
1,761,520
31,305
(19,916)
1.741,604
31,305
1,792,825
(19,916)
1.772,909
TOTAL FUNDS
1,792,825
(19,916)
1,772,909
Comparative net movement in fi]nds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
201,291
(221,207)
(19,916)
TOTAL FUINDS
201,291
(221,207)
(19,916)
continued.-.

Ballymote Community Project Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
io.
RELATED PARTY DISCLOSURES
There were no related paty transactions for the year ended 31 March 2025.
12