COMPANY REGisfRATION NUMBER N1037937
BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY UMITED BY GUARANTEE
FINANCIAL STATEMENTS
31 MARCH 2023
Charity number 101447
2 Strand Park
Ballywalter
BT22 2PW

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
CONTENTS
Trustees, annual report
34
Independent examiner's report
ststement of financial aciivities
Balance Sheet
Notes of the financlal ststements
8-12

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 MARCH 2023
The trustees present their report and the unaudited financial statements of the charity forthe year
ended 31 March 2023.
REFERENCE AND ADMINISTRATIVE DETAILS
Reglstered charity name
Ballywalter Youth and Community CO￿peratiVe
Charity reglstration number
101447
Company registration nurnber
N1037937
Prlnclpal office/Reglstered office
The Village Hall
49151 Main Street
Ballywalter
Newtownards
BT22 2PQ
The Trustees
The trustees who served the charity during the period were as follows:
Mr C Dempster
Mr E Pickering
Mrs Alison Fisher
Mrs Alison Fisher
DT Accounting Services
2 Strand Park
Ballywalter
BT22 2PW
Danske Bank Limited
Donegall Square North
Belfast
BTI 5GJ
Secretary
Accountants
Bankers
STRUCTURE, GOVERNANCE AND MANAGEMENT
Ballywalter Youth and Community Co-operative is constituted as a company limited by guarantee
and is governed by a Memorandum and Articles of Association.
The Board of Trustees are responsible forthe strategic management of the charity. The Board of
Trustees and names of principal Advisers are set out on page 3.
The Board appoints all new trustees based on selection criteria, which ensures that collectively it
maintains a broad range of relevant skills and experience. An induction programme is offered to all
new trustees to ensure that they are briefed on the charity's objectives, strategy and activities.
The trustses have the overall responsibility for the system of internal control for the charity, which
includes ensuring that there are reasonable procedures in place for the prevention and detection of
fraud and other irregularities. However, such systems can provide only reasonable, but not absolute,
assurance against errors and fraud.

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
TRUSTEES. ANNUAL REPORT (continued)
YEAR ENDED 31 MARCH 2023
FINANCIAL REVIEW
Results for the year ended 31 Mèrch 2023 are given in the Statement of Financial Activities of page 6.
The assets and liabilities as at 31 March 2023 are given on the Balance Sheet on page 7. The financial
statements should be read in conjunctTon with their related notes, which appear on page 8 to 12.
SMALL COMPANY PROVISIONS
This report has been prepared in accordance with the provisions applicable for companies entitled to
the small companies exemption.
Registered office..
Signed on behalf of the trustees:
The Vlllage Hall
49151 Main Street
Ballywalter
Newtownards
BT22 2PQ
Mr Edward Pickering
Director
-2.f
Mrs Alison Fisher
Director
Company Registration Number.. N1037937
Z?.oS-8oiC

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
INDEPENDENT EXAMINEW5 REPOltr TO THE AND MEMBERS OF BALLYWALTER YOUTH AND
COMMUNITY C￿OpERATIVE
YEAR ENDED 31 MARCH 2023
BASIS OF INDEPENDENT EXAMIBER'S REPORT
I have examined your charity accounts as required under section 65 of the Charities Act and my
examination wa5 carried out in accordance with the general Directions given by the Charity
Commission for Northern Ireland under settion 65(91{bl if the Charlties 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 includes 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 me cause to
believe:
11) That accounting records were not kept in accordance with section 386 of the Companies Act
2006,.
{21 That the accounts do not accord with those accounting records,.
{31 That the accounts do not comply with the accounfjng requirements of sertion 396 of the
Companie5 Art 2006 and with the methods and prlnciples of the Charities Ststement of
Recommended Practice applicable to charities preparing their accounts in accordance wlth
the Financial Reporting Stsndard applicable in the UK and Republic of Ireland.
14} That there is further information needed for a proper understanding of the accounts to be
reached.
INDEPENDENT EXAMINERS STATEMENT
I have completed my examlnation and have no concerns in respect of the matters11} to {4) listed
above and, in connertlon with the following the Direttions of the Charity Commission for Northern
Ireland, I have found no matters that require to be drawn to your attention.
DT Accounting SenAces
2 Strand park
Ballywalter
BT22 2PW
Dia
MIATI
IFAC- Accountin8 Technicians Ireland
kaite

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL A￿1VITIEs
YEAR ENDED 31 MARCH 2023
Unrestricted
funds
Restrirted
funds
Total
funds
2022
Total funds
2023
Note
INCOMING RESOURCES
Incoming resources from
generated funds:
Voluntary income
13,033
13,033
16,972
TOTAL INCOMING
RESOURCES
13,033
13,033
16,972
RESOURCES EXPENDED
Costs of generated funds..
Overhead costs
Governance costs
19,7381
110.5761
19,7391 112,1691
110,5761 110,5761
TOTAL RESOURCES
EXPENDED
120,315)
120,315) (22,745)
NET OUTGOING
RESOURCES
BEFORE
TRANSFERS
(7,2811
17,2811
15,773}
Transfer between funds
11,389
111,3891
NEf OUTGOING
RESOURCES FOR THE YEAR
RECONCIUATION OF
FUNDS
Total funds brought
forward
4,108
111,389
17.281)
15,773)
120.323)
393,007
372,684
378,457
TOTAL FUNDS CARRIED
FORWARD
116,215}
381,618
365.403
372.684

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
BALANCE SHEET
31 MARCH 2023
2023
2022
FIXED ASSETS
Note
Tangible assets
CURREMf ASSErs
353,610
364.186
io
Debtors
Cash at bank
13,058
8,778
13,058
8,778
CREDITORS: Amounts falllng due wlthln one
year
li
11,2651
1280)
NEf CURRENT ASSErs
11,793
8,498
TOTAL ASSETS LESS CURRENT UABIUTIES
365,403
372,684
NEf ASSETS
365.403
372,684
FUNDS
Restritted income funds
12
381,618
393,007
Unrestritted Income funds
13
{16,215}
{20,3231
TOTAL FUNDS
365,403
372,684
For the year ended 31 March 2023 the charity was entitled to exemption from audit under section
477 of the Companies Art 2006 relating to small companies.
Trustees, responsibilities:
The members have not required the charityto obtain an audit of its accounts for the year in
question in accordance with section 476: and
The trustees acknowledge their responsibilities for complying with the requirements of the
Art with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordan￿ with the provisions applicable to companies
subjectto the small companies regime.
These financial statements were approved by the members of the committee and authorised for
issue on the.......................
and are signed on their behalf bv..
Signed by trustees:
Mr Edward Pickering
Mrs Alison Fisher
/./

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
i. srATEMENT OF COMPUANCE
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland,.
2. ACCOUNTING POUCIES
Basis of accounting
The accounts financial statements have been prepared in accordance with 'Accounting and
Reporting by Charities, applicable to charities preparing their accounts in accordance with
the Financial Reporting Standards applicable in the UK and Republic of Ireland IFRS 102) and
The Companies Act 2006.
Cash flow ststement
The trustees taken advantage of the exemption from including a cash flow statement in the
financial statements on the grounds that the charity is small.
Fund accountlng
Restrlrted funds - the restritted funds represent donations received where the donor has
imposed restrictions on the use of the funds which are legally bindin8 on the board of
trustees.
Unrestricted funds-the unrestrirted funds are under the control of the board of trustees, to
be used in the furtherance of the general charitable objectives of the companv.
Grants
Revenue grants are credited to the 5tstement of financlal artlvities in the period which thev
fall due.
Flxed assets
All fixed assets are initlally recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual
value, over the useful economic life of that asset as follows:
Freehold Property- 2% pa straight line.
Equipment- 33.33% straight line;
Fixtures and Fittings- 20% pa straight line.

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2023
3. VOLUNTARY INCOME
Total
Donations received
Grants received
Internal fundraising
Solar received
Rent receNed
1,230
2,639
9.164
13,033
13.033
4. OVERHEAD COSTS
Unrestricted funds
Total
Direct costs
Other costs
8,141
1,597
9,738
9,739
5. GOVERNANCE COSTS
Unrestrlrted funds
Total
Depreclatlon
10,576
10,576
10,576
6. NET OUTGOING RESOURCES FOR THE YEAR
Unrestrfcted funds
Total
Depreciation
10,576
10,576
10,576

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2023
7. FUND TRANSFERS
2023
Z022
IFI Grants
RDC Grant Fundraising
Internal Fundraising
Donations
Other grants
Grant re Solar panels
301,523
172.736
29,639
26,498
18,008
21,053
569,457
301,523
172,736
29,639
26,498
18,008
21,053
569,457
Accumulated Release to Profit and Loss
account at 2% per annum
187,839
176,450
381,618
393,007
The Direttors have decided to depreciate the Premises Improvements of £528,773 over 50
years at 2% straight line and to release the Building reserve of £569,457 to Profit and Loss
account over same period.
STAFF COSTS AND EMOLUMENTS PARTICULARS OF EMPLOYEES
No salaries or wages have been paid to employees, including the members of the committee,
during the year.
9. TANGIBLE FIXED ASSETS
Freehold
property
Flxtures &
Flttlngs
Total
Equlpment
Cost
As at 31.03.2022
528,773
9,376
14,790
552,939
Depreclation
As at 01.04.2022
Charge forthe year
164,587
10.576
9,376
14,790
188,753
10,576
As at 31.03.2023
175,163
9.376
14,790
199,329
NET BOOK VALUE
As at 31.03.2023
As at 31.03.2022
353,610
364,186
353,610
364,186
10

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2023
10. DEBTORS
2023
2022
Trade debtors
Other debtors
11. CREDITORS
2023
2022
Trade creditors
VAT
Other creditors
Accruals
705
560
1,265
12. RESTRICTED INCOME FUNDS
Balance at
01-Apr-22
Balance at
31-Mar-23
Transfers
Re5trirted Fund
393,W7
111.3891
381,618
13. UNRESTRICTED INCOME FUNDS
Balance at
01-Apr-22
Incoming
resources
Balance at
31-Mar-23
General Funds
(20,323}
4,108
116,2151
14. ANALYSIS OF NEf ASSETS BETWEEN FUNDS
Tangible
fixed assets
Net current
assets
Total
Restrlcted Income Funds
Unrestricted Incorne Funds
353,610
353,610
11,793
11.793
Total Funds
353,610
11.793
365,403

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2023
15. COMPANY UMITED BY GUARANTEE
Ballywalter Youth and Community Co-operative was registered on 21 February 2000 as a
company limited by guarantee, not having a share capital. The liability of each member is
limited to an amount not exceeding £1. It is also a registered charity with HM Revenue and
Customs. It is registered in Northern Ireland IN10379371 with its registered Offi￿ atThe Village
Hall, 49/51 Main Street, Ballywalter, Newtownards, BT22 2PQ.
16. MORTGAGE OVER PROPERTY ANDASSETS
The International Fund of Ireland and the Northern Ireland Rural Development Council (the
Funders} have taken a Mortgage Debenture and Mortgage Deed over the property and assets
of Ballywalter Youth and Community Co-operative, totalling £353,610.
17. CONTINGENT LIABILITIES
It should be noted that under certain circumstances grants received may become repayable if
certain qualifying conditions are not maintained. The￿ are no other capital commitments or
material contingent liabilities a5 at 31 March 2023.
12