COMPANY REGisfRATION NUMBER N1037937
BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
FINANCIAL STATEMENTS
31 MARCH 2025
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 2025
CONTENTS
Truste& annual report
34
Independent examiner's report
Statement of financial activltles
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 2025
The trustees present their report and the unaudited financial sLitements of the charity for the year
ended 31 March 2025.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered charlty name
Ballywalter Youth and Community Cowoperative
101447
Charity re8lstration number
Compary registration number
N1037937
Prlnclpal office/Reglstered office
The Vlllage Hall
49/51 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
Dan5ke Bank LSmlted
Donegall Square North
Belfast
BTI 5GJ
Secretary
Accountsnts
Bankers
STRucfuRE. GOVERNANCE AND MANAGEMENT
Ballw¥valter Youth and Community Co-operative is constituted as a company limited byguarantee
and is governed by a Memorandum and ArtFcles 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 selection criteria, which ensures that collectively it
maintains a broad range of relevant skills and experience. An induttion programme is offered to all
new trustees to ensure that they are briefed on the charity's objectives, strategy and activities.
The trustees have the overall responsibility for the system of internal control for the charity, which
includes ensuring thatthere 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
TRusfEES' ANNUAL REPORT Icontinuedl
YEAR ENDED 31 MARCH 2025
FINANCIAL REVIEW
Results ft)r the year ended 31 March 2025 are given in the Statement of Financial Activities of page 6.
The assets and liabilities as at 31 March 2025 are given on the Balance Sheet on page 7. The financial
statements should be read in conjunction 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 trustee5:
The Village Hall
49151 Main Street
8allywalter
Newtownards
BT22 2PQ
Mr Edward Pickering
Dirertor
/f- f-
Mrs Alison Fisher
Director
Company Registration Number: N1037937

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
INDEPENDENT EXAMINER'S REPORT TO THE AND MEMBERS OF BALLYWALTER YOUTH AND
COMMUNITY CI>OPERATIVE
YEAR ENDED 31 MARCH 2025
BASIS OF INDEPENDENT EXAMINER'S REPORT
I have examined your charity accounts as required under section 65 of the Charitie5 Act and my
examination was carried out in accordance with the general Direttions given by the Charity
Commission for Northern Ireland under settlon 65191(b) if the Charities Art.
The examination included a review of the accounting records kept bythe charity and a tomparison 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 a5 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:
111 That accounting records were not kept In accordance wlth section 386 of the Companies Act
2006;
(2) That the accounts do not accord with those accounting records,.
131 That the accounts do not comply with the accounting requirements of settion 396 of the
Companies Att 2006 and with the methods and principles of the Charities Statement of
Recommended Prattice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of I￿land.
14) 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 matters11) to141 listed
above and, in connection with the following the Directions of the Charity Commission for Northern
Ireland, I have found no matters that require to be drawn to your attention.
DT Accountlng Servlces
2 Strand park
Ballywalter
BT22 2PW
Diana
MIATI
IFAC- Accounting Technicians Ireland
kaite

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL AcfiviTIES
YEAR ENDEO 31 MARCH 2025
Unrestricted
funds
Restrlcted
funds
Total
funds
2024
Total funds
2025
Note
INCOMING RESOURCES
Incoming resources from
generated funds:
Voluntary income
TOTAL INCOMING
RESOURCE5
14,225
14,225
12,471
14.225
14,225
12,471
RESOURCES EXPENDED
Costs of generated funds:
Overhead costs
Governance costs
113,485)
(10,576}
{13,4851 (11,7601
110,5761 {10,576)
TOTAL RESOURCES
EXPENDED
124,061)
(24,061) 122,336)
NET OUTGOING
RESOURCES
BEFORE
TrANSFERS
(9,8361
19,8361
19,8651
Transfer between funds
11,389
111,389)
NET OUFGOING
RESOURCES FOR THE YEAR
RECONCIUATION OF
FUNDS
Total funds brought
forward
1,553
(11,3891
(9,836)
(9,865)
{14,6911
370.229
355,538
365,403
TOTAL FUND5 CARRIED
FORWARD
(13,138)
358,840
345,702
355.538

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
BALANCE SHEET
31 MARCH 2025
2025
2024
FIXED ASSErs
Note
Tangible assets
CURRENT ASs￿s
332,458
343,034
io
Debtors
Cash at bank
15,110
15,261
15,110
15,261
CREDITORS: Amourrts falllng due wlthln one
year
li
{1,866)
{2.757}
NEf CURRENT ASSETS
13,244
12,504
TOTAL ASSETS LESS CURRENT UABIUTIES
345,702
355,538
NEf ASSETS
345,702
355,538
FUNDS
Restricted income funds
12
355,538
365,403
Unrestricted Income fund5
13
19.8361
19,8651
TOTAL FUNDS
345,702
355.538
For the year ended 31 March 2025 the charity was entitled to exemption from audit under section
477 of the Companies Act 2006 relating to small companies.
Trustees. responsibilities:
The members have not required the charity to 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
Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance 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 by:
Signed by trustees,.
Mr Edward Pickering
Mrs Alison Fisher
A- Fj.~ If-(yf-ILI 2(
/g- f-zc

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
I. STATEMENT OF COMPUANCE
These financial ststements have been prepared in compliance with FRS 102, 'The Financial
Reportlng Standard applicable in the UK and Republic of Ireland,.
2. ACCOUNTING POUCIES
Basls of accounting
The accounts financial ststements 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 statement
The trustees taken advantage of the exemption from including a cash flow statement in the
financlal statements on the grounds that the charity Is small.
Fund accounting
Restrlcted funds- the restricted funds represent donations received where the donor has
imposed restrictions on the use of the funds which are legally binding on the board of
trustees.
Unrestricted funds-the unrestrirted funds are underthe control of the board of trustees, to
be used in the furtherance of the general charitable objettives of the company.
Grants
Revenue 8rants are credited to the ststement of financial activities In the period which they
fall due.
Flxed assets
All fixed assets are Initially recorded at cost.
Depreclation
Depreciation is calculated $0 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 Fitknngs- 20% pa straight line.

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2025
3. VOLUNTARY INCOME
Total
Donation5 received
Grants received
Internal fundraising
Solar received
Rent received
2,293
11,932
14.225
14.225
4. OVERHEAD COSTS
Unrestrl¢ted funds
Total
Dirert costs
Other costs
11,628
1,857
13,485
13,485
5. GOVERNANCE COSTS
Unrestrlcted funds
Total
Depreclatlon
10.576
10,576
10,576
6. NET OUTGOING RESOURCES FOR THE YEAR
Unrestrlcted funds
Total
Net Out8oings
9,836
9,836
9,836

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2025
7. FUND TRANSFERS
2025
2024
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
210,617
199,228
358,840
370,229
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 EMOWMENTS 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 &
Flttln8S
Total
Cost
As at 31.03.2024
528,773
9,376
14,790
552,939
Depreciatlon
A5 at 01.04.2024
Char8e for the year
185,739
10,576
9,376
14,790
209.905
10,576
As at 31.03.2025
196,315
9.376
14,790
220.481
NEf BOOK VALUE
As at 31.03.2025
As at 31.03.2024
332,458
343,034
332,458
343,034
10

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2025
10. DEBTORS
2025
2024
Trade debtors
Other debtors
11. CREDITORS
2025
2024
Trade creditors
VAT
Other creditors
Accruals
705
705
1,160
2.052
1,865
2,757
12. RESTRICTED INCOME FUNDS
Balance at
01-Apr-24
Balance at
31-Mar-25
Transfers
Restricted Fund
370,229
111,389)
358.840
13. UNRESTRICTED INCOME FUNDS
Balance at
01-Apr-24
Incoming
resources
Balance at
31-Mar-25
General Funds
114.6911
1,553
113,1381
14. ANALYSIS OF NEf ASSETS BETWEEN FUNDS
Tangible
fixed assets
Net current
assets
Total
Restrirted Income Funds
Unrestrirted Income Funds
332,458
332,458
13,244
13.244
Total Funds
332,458
13,244
345.702

BALLYWALTER YOUTH AND COMMUNITY CO-OPERATIVE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2025
15. COMPANY LIMITED 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 liabillty 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 (N10379371 with its registered offi'ce at The Village
Hall. 49151 Main Street, Ballywalter. Newtownards, 8T22 2PQ
16. MORTGAGE OVER PROPERTY AND ASSETS
The International Fund of Ireland and the Northern Ireland Rural Development Council (the
Fundersl have taken a Mortgage Debenture and Mortgage Deed over the property and assets
of Ballywalter Youth and Community Co-operative, totalling £332,458.
17. CONTINGENT LIABILITIES
It should be noted that under certain circumstances grants received may become repayable if
certain qualifying conditions are not maintained. There are no other capital commitments or
material contingent Ilabilities as at 31 March 2025.
12