COMPANY REGISTRATION NUMBER N1037937
BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
FINANCIAL STATEMENTS
31 MARCH 2024
Charlty number 101447
2 Strand Park
Ballywalter
BT22 2PW

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
CONTENTS
Trustees, annual report
Independent examiner's report
Statement of financial artivitles
Balance Sheet
Notes of the financial statements
8-12

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 MARCH 2024
The trustees presenttheir report and the unaudited financial statements of the charity for the year
ended 31 March 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered charity name
Charlty reglstration number
Ballywalter Youth and Community Coryoperative
101447
Company reglstration number
N1037937
Princlpal office/Registered 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
8T1 5GJ
Secretary
Accountants
Bankers
STRucfuRE, GOVERNANCE AND MANAGEMENT
Ballywalter Youth and Community Co-operative 15 constituted as a company limited by guarantee
and is 8overned by a Memorandum and Articles of Association.
The Board of Trustees are responsible for the 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 selettion criteria, which ensures that collectively it
maintains a broad range of relevant skills and experience. An induttron programme is offered to all
new trustees to ensure that they are briefed on the charity's objettives, strategy and activities.
The trustees have the overall responsibility forthe 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 2024
FINANCIAL REVIEW
Results for the year ended 31 March 2024 are given in the Statement of Financial Activities of page 6.
The assets and liabilities as at 31 March 2024 are given on the Balance Sheet on page 7. The financial
statements should be read in conjunttion 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..
Mr Edward Pickering
Direttor
The Village Hall
49/51 Main Street
Ballywalter
Newtownards
BT22 2PQ
Mrs Allson Fisher
Director
Company Registration Number.. N1037937
Z7.o3-ioir

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
INDEPENDENT EXAMINEWS REPORT TO THE AND MEMBERS OF BALLYWALTER YOUTH AND
COMMUNttY CO-OPERATIVE
YEAR ENDED 31 MARCH 2024
BASIS OF INDEPENDENT EXAMINER'S REPORT
I have examined your charity accounts as required under section 65 of the Charities Act and mv
examination was carried out in accordance with the general Directions given by the Charity
Commission for Northern Ireland under section 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 stste whether any material matters have come to my attention giving me cause to
believe:
111 That accounting records were not kept in accordance with settion 386 of the Companies Act
2006;
121 That the accounts do not accord with those accounting records;
(31 That the accounts do not comply with the accounting requirements of section 396 of the
Companies Att 2006 and with the methods and principles ofthe 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.
141 That there is further information needed for a proper understanding of the accounts to be
reached.
INDEPENDENT EXAMINERS STATEMENT
I have completed my examination and have no concerns in respect of the matters111 to (4) listed
above and, in connectton with the following the Directions of the Charity Commission for Northern
Ireland, I have found no matters that ￿qUIre to be drawn to your attention.
DT Accounting Servlces
2 Strand park
Ballywalter
BT22 2PW
Dian
MIATI
IFAC-Accounting Technicians Ireland
in, kaite
1$13liC

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL AcnviTIES
YEAR EhlDED 31 MARCH 2024
Unrestrfrted
funds
Restricted
funds
Total
funds
2023
Total funds
2024
Note
INCOMING RESOURCES
Incoming resources from
generated funds:
Voluntary income
TOTAL INCOMING
RESOURCES
12.470
12,471
13,033
12,470
12,471
13,033
RESOURCE5 EXPENDED
Costs of generated funds:
Overhead costs
Governance costs
111,7591
110,5761
111,7591
19,7391
{10,5761 110,5761
TOTAL RESOURCES
EXPENDED
(22,3351
(22,335) 120,315)
NET OUTGOING
RESOURCES
BEFORE
TRANSFERS
(9,8651
19,8651
17,2811
Transfer between funds
NEf OUTGOING
11,389
111,3891
RESOURCES FOR THE YEAR
RECONCIUATION OF
FUNDS
Total funds brought
foNard
1,524
{11,389)
(9,865)
(7,281)
116,2151
381,618
365,403
372,684
TOTAL FUNDS CARRIED
FORWARD
(14,691)
370,229
355,538
365.403

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
BALANCE SHEET
31 MARCH 2024
2024
2023
FIXED ASSErs
Note
Tangible assets
CURRENT ASSErs
343,034
353,610
io
Debtors
Cash at bank
15,261
13,058
15.261
13.058
CREDITORS: Amounts falllng due wlthin one
year
li
12,7581
{1,265)
NEf CURRENT ASSErs
12,504
11,793
TOTAL ASSETS LESS CURRENT LIABILITIES
355,538
365,403
NEf ASSETS
355,538
365,403
FUNDS
Restritted income funds
12
365,403
381,618
Unrestricted income funds
13
19,865)
116,215)
TOTAL FUNDS
355,538
365,403
For the year ended 31 March 2024 the charity was en￿tled to exemption from audit under section
477 of the Companies Act 2006 relating to small companies.
Trustees, responsibilitle5'.
The members have not required the charity to obtain an audit of its accounts forthe year in
question in accordance with section 476," and
The trustees acknowledge their responsibilitSe5 for complying with the requlrements of the
Art with re5pett to accounting record5 and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies
subject to the small companies regime.
These financial ststements were approved by the members of the committee and authorised for
issue on the ........................... and are signed on their behalf by:
Signed by trustee5:
Mr Edward Pickering
Mrs Alison Fisher
Z?-tr> 2?2(

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL sfATEMENTS
YEAR ENDED 31 MARCH 2024
I. STATEMENT OF COMPLIANCE
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
Basls of accounting
The accounts financial statements have been prepared in accordance with Accounting and
Reporttng by Charities, applicable to charities preparing their accounts in accordance with
the Financial Reporting Standards applicable in the UK and Republic of Ireland {FRS 1021 and
The Companies Act 2006.
Cash flow 5tstement
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 accounting
Restricted funds- the restricted funds represent donations received where the donor has
imposed restrictions on the use of the funds which are legally blnding on the board of
trustees.
Unrestritted funds-the unrestrirted funds are under the control of the board of trustees, to
be used in the furtherance of the general charitable objective5 of the company.
Grants
Revenue grants are credited to the statement of financial activities in the period which thev
fall due.
Flxed assets
All fixed assets are initrally recorded at cost.
Depreclation
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 Propety- 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 2024
3. VOLUNTARY INCOME
Total
Donations received
Grants received
Internal fundraising
Solar received
Rent received
3,427
9,043
12.471
12,471
4. OVERHEAD COSTS
Unrestricted funds
Total
Dirert costs
Other costs
9,949
1,810
11,759
11.759
5. GOVERNANCE COSTS
Unrestrlrted funds
Total
Depreclatlon
10,576
10,576
10,576
6. NET OUTGOING RESOURCES FOR THE YEAR
Unrestrlcted funds
Total
Depreclatlon
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 2024
7. FUND TRANSFERS
2024
2023
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
199,228
187,839
370,229
381,618
The Directors 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.
8. 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
Equlpment
Flxtures &
Flttings
Total
Cost
As at 31.03.2023
528,7.73
9,376
14,790
552,939
Depreciatlon
As at 01.04.2024
Charge forthe year
175,163
10,576
9,376
14.790
199.329
10.576
A5 at 31.03.2024
185,739
9,376
14,790
209,905
NEf BOOK VALUE
As at 31.03.2024
As at 31.03.2023
343,034
353,610
343,034
353,610
10

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2024
10. DEBTORS
2024
2023
Trade debtor5
Other debtor5
11. CREDITORS
2024
2023
Trade creditors
VAT
Other creditors
Accruals
705
705
2,052
560
2.757
1,265
12. RE5TRicfED INCOME FUNDS
Balance at
01-Apr-23
Balance at
31-Mar-24
Transfers
Restritted Fund
381,618
(11,3891
370.229
13. UNREsfRICTED INCOME FUNDS
Balance at
01-Apr-23
Incomlng
resources
Balance at
31-Mar-24
General Funds
116.2151
1,524
114,6911
14. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Tangible
fixed assets
Net current
assets
Total
Restrirted Income Funds
Unrestricted Income Funds
343,034
343.034
12,504
12,504
Total Funds
343,034
12.504
355,538

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL ¥fATEMENTS (continued)
YEAR ENDED 31 MARCH 2024
15. COMPANY LIMITED BY GUARANTEE
Ballywalter Youth and Community Co-operatlve 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 office at The Village
Hall, 49151 Main Street, Ballywalter, Newtownards, BT22 2PQ.
16. MORTGAGE OVER PROPERTY AND ASSETS
The International Fund of Ireland and the Northern Ireland Rural Development Council Ithe
Fundersl have taken a Mortgage Debenture and Mortgage Deed over the property and assets
of Ballywalter Youth and Community Co-operative, totalling £343,034.
17. CONTINGENT LIABILITIES
It should be noted that under certain circumstances grant5 received may become repayable if
certain qualifying conditions are not maintained. There are no other capital commitments or
material contingent liabilities as at 31 March 2024.
12