COMPANY REGIStRATION NUMBER 141037937 BALLYWALTER YOitrH AND COMMUNITY CO-OPERATIVE COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS 31 MARCH 2026 Charlty number iON47 2 Strand Park 8811ybvalter 8T22 2PW
BALLYWALTER YOIITH AND commuNy CO-OPERATIVE COMPANY UMtrED BY GUARAKfEE FINANCIAL STATEMENTS YEAR EPIDED 31 MARCH 2026 COP4TEKrs Trustees, annual report Independent examinerfs leport Statement of ftnancial acllvilies Balance Sheet Notes of the financlal ststements 8-
BALLYWALTER YOLwfH AND COMMUNITY C04)PERATIVE COMPANY UMrrED BY GUARAKtEE TRUSTEES, ANNUAL REPORT YEAR ENDED 31 MAROI 2026 The trustees present their report and the unaudited financial statements of the chartty for the year ended 31 March 2026. REFERENCE AND ADMINisfRATIVE DEfAIiS Reglstered charlty ftame Balwalter Youth and Community co-opera* Charlty reglstratlon number 101447 N1037937 Prkndpal offic•/R15tered offl The Village Hall 49151 Maln Street Ballywalter Newtownards 22PQ The Trustses The trustees who served the charity during the period were as follows.- Mr C Dempster Mr E Pickerin8 Mrs Alison Fisher Mrs Alison Flsher OT Accountfng services 2 Strand Park 8ally4valter BT22 2PW Danske Bank Llmlted Donegall Square North Belfast BTI 5GJ Secretary Accountants Bankers sTrucruRE, GOVERNANCE AND MANAGEMEp¥r Ballywalter Youth and Community Co-operative is constltuted as a company limlted by guarantee and is governed by a Memorandum and Artfcles of Asso¢i8D"on. The Board of Trustees are responsible for the strategK management of the charity. The Board of Trustees and names of principal Advisers are set out on page 3. The Board appoints èll new trustees based on selection criteria, whlth ensures that collectivety It maintains a broad range of leant skills and experience. An induction pro8ramme is offered to all new trustees to ensure that they are briefed on the charrty's objectives, strategy and activities. The trustees have the overall responsibilty for the 5VStem of internal control for the charity. which Includes ensuring that there a reaSonae procedures in place for preventton and detection of fraud and other Irregularities. However, such 5Wems can provide onty reasonable. but not absolute. assurance against errors and fraud.
BALLYWALTER YOLTtH AND COMMUNITY CI>OPERATIVÉ COMPANY iIMtrED BY GUARAritEE TRUStEES' ANNUAL REPORT Iromlnuedl YEAR ENDED 31 MARQI 2026 FINANaAL REVIEW Results for the year ended 31 March 2026 are given in the Ststement of Financial Activiries of page 6. The assets and Ilabilities as at 31 March 2026 are gibtn on the Balance Sheet on page 7. The financial ststements should be read in conjuncknon with their related notes. whith appear on page 8 to 12. SMALL COMPANY PROVISIONS This port has been prepared in accordance wlth the provlsions applicable for tompanles entftled to the small companies exemption. Reglstered offi. SSgned on behalf of the trustees- The Vlllage Hall 49151 Main Street Ballywalter Newtownards BT22 2PQ Mr Edward Pickerin8 Director Mrs Alison Fisher DIttor Compary Registrafjon Number.. N1037937
BALLYWALTER YOUTh AND COMMUNITY CoPERATIVE COMPANY UMfrED BY GUARANTEE INDEPENDENT EXAMINEVS REPORT TO THE AND MEMBERS OF BAiLYWALTER TrDUTH AND COMMUNITY cPERATIvE YEAR ENDED 31 MARCH 2026 BASIS OF INDEPENDENT EXAMINEWS REPORT I have examined your charity accounts as reqUId under section 65 ofthe Charloes Att and my examinatr.on was carrie(l out in accordance with the general Direclions given by the Charty Commission for Northern Ireland under section 65191Ibl rf the Charities Act. The examination included a review of the accountr.ng records kept by the charlty and a comparlson of the actounts presented with those records. Ir also indudes consideration of arry unusual items or disclosures in the accounts, and seeking explanations from you as charrty trustees concerning any such matters. My role is to state whether any material matters have come to my attention givin8 me cause to belleve.. 111 That accountlng records were not kept in aCrdan with section 386 of the Companles Act 121 That the accounts do not accord with those accountlng records; 131 That the accounts do not comply with the accounn.ng requirements of sertion 396 of the Companies Art 26 and with the methods and principles of the Charlues St*ement of Recommended Prath'ce applicable to charitfes preparing their accounts in accordance wlth the Financlal Reporting Standard appli(3ble in the UK and Republic of Ireland. 141 That the is fvrther information needed for a proper understandin8 of the accounts to be reached. INOEPENDENT EXAMINEILS STATEME14T I have completed my examinatlon and have no concerns in respect of the matters111 to141 Ilsted above and. in connertion with the following the Direttion5 of the Charity Commission for Northem Ireland, I have found no matters that require to be drawn to your attenOn. DT Accountlnl SeThl 2 Strand park Balfywalter 6T22 2PW Dlan MIATI IFAC-Accounting Technlclans Ireland inskaFte
LLYWALTER YoufH AND COMMUNITY CoPERATIVE COMPANY UMrtED BY GUARAKtEE ATEMENT OF FINANCIAL AcllvfflES YEAR ENDED 31 MARQI 2026 Total furbds funds Totsl funds 2026 2025 Note INCOMING RESOURCES Incoming resources from generated fund5'. Voluntary income TOTAL INCOMING RESOURCES 16.388 17,714 34.102 14.225 16388 17.714 34,102 14,225 RESOURCES EXPENDED Costs of generated funds: Overhead costs Governance costs 17,0721 110,5761 16.143) 113,2151 113,4851 110,5761 110,5761 TOTAL RESOURCES EXPENDED 117.6481 (6.1431 123,7911 124,0611 NET OUTGOING RESOURCES BEFORE TRANSFERS 11.2601 11.571 110,3111 19,8361 Transfer between funds 11389 111,3891 NET OWGOING RESOURCES FOR THE YEAR RECONCIUATION OF FUNDS Total funds brought forward 10,129 182 10,311 19.8361 113.1381 358,840 345,702 355,538 TOTAL FU14DS CARRIED FORWARD 13JX191 359,022 356,013 345,702
BALLYWALTER YOUTH AND COMMUNtrY ciH)PERATIVE COMPANY UMITED BY GUARAKfEE BALANCE SHEET 31 MARCH 2026 2026 2025 FIXED ASSErs Note Tangible assets CURRENT ASSErs 321,882 332,458 Debtors Cash at bank 34,917 15,110 34,917 15,110 CREDoR5. Amounts fallln8 due wlthln on• vear li 1786) 11,8661 NET CURRENT ASSETS 34.131 13,244 TOTAL ASSEtS LESS CURRENT UABILMES 356,013 345,702 NET ASSETS 356,013 345,702 FUNDS Re5trirted income funds 345,702 355,538 Unrestricted Income funds 10,311 19,8361 TOTAi FUNDS 356.013 345,702 For the year ended 31 March 2026 the charlty was entitled to exempts'on from audit under sethon 477 of the Companies Act 2(M)6 relan8 to small companies. Trustees. responsibiltties: The members have not required the charity to obtain an audit of its accounts for the year In question in accordance wrth section 476.. and The trustees acknowledge their respOnbIlitieS for complying with the requlrements of the Act with respect to accounttng records and the PparatiOn of accounts. These accounts have been prepared In accordance with the proytsions applicable to companles subjert to the small cornpanies regime. These financial ststements were approved the members of the committee authorised for Issue on the........................... and a signed on their behaff by-. Signed by trustees= Mr Edward Pickering Mr5 Alison Fisher f. 4.26
BALLYWALTER YOiTtH AND COMMUNTtY C(OpERATIVE COMPANY UMITED BY GUARANTEE NOTES TO THE FINANaAL ATEmENTs YEAR ENDED 31 MARCH 2026 i. STATEMENT OF COMPUANCE These financial Statements have been prepared in com18n¢e with FRS 102. 'The Financial Reporting Stsndar(l applicable in the UK and Republic of Irelan(r. 2. ACCOUPITING POUaES Ba5 of accountlnz The accounts financial statements have been prepared in accordan with 'Accounting and Reporknng by Charities, applicable to tharities pparIng their accounts in accordance with the Financial Reporting Standards applKable in the UK and Republic of Ireland IFRS 1021 and The Companies Act 2006. The trustees taken thantage of the exemption from Includlng a cash flow statement In the financial statements on the grounds that the charity is small. Fund accountl Restricted funds- the restrirted funds represent donations e1ved where the thnor ha5 mposed restrictions on the use of the funds which are le8ally binding on the board of trustees. Unrestrltted fun(ts- the unre5trlcted funds are under the control of the board of trustees, to be used in the fvrtherance of the 8enerdl tharitale objectives of the companv. Grants Revenue grants are credited to the statement of financSal athvitles In the period which they 11 due. Flxod assets All fixed assets are inttially recorded at cost. Depreaatfjon is calculated so as to write off the tost of an asset. less its estfmated resldual value, over the useful economlc life of th* et as follows: Freehold Property- 2% pa straight line.. Equipment- 33.33% straight line,. Fixtures arKI Ftttin85- 20% pa straight Ilne.
BALLYWALTER YOLWTH AND COMMUNtrY CO-OPERATIVE COMPANY UMftED BY GUARANTEE NufES TO THE FINANaAL ATEmENTs lconlinued) YEAR ENDED 31 MARQI 2026 3. VOLUNTARY INCOME Totsl Donations received Grants received Internal fundraising Solar received Rent received 17,714 2,977 13.411 34,102 34,102 OVERHEAD Costs Totsl Direct costs Other costs 11,586 1,629 13,215 13,215 5. GOVERNANCE cosr5 Unrestrlcted funds Total Depreclatlon 10,576 10,576 10,576 6. NET OUTGOING RESOUR FOR THE YEAR UnreStrIrt funds Totsl Net Outgolngs 10,311 10,311 10,311
BALLYWALTER YOLTfH AND COMMUNtTY CO-OPERATIVE COMPANY UMtrED BY GUARANTEE NiyfES TO THE FINANOAL 5fATEMENTS {continued) YEAR ENDED 31 MARCH 2026 7. FUND TrANSFERS 2026 2025 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 222,006 210,617 347,451 358,840 The Dlrectors have deaded to depreo*e Premises Improvemerrts of £528.773 1)ver 50 years at 2% straight line and to release the Buildin8 reserve of £569.457 to Profft and L05$ account over same period. 8. sfAFF COSTS AND EMOWMEiifs PARTICUiARS OF EMPLOYEES No salaries or wages ha¥e been pald to employees. Including the members of the commlttee, during the year. 9. TANGIBLE FIXED ASSETS Freehold property Eqvlpment Flxtures & Flttlngs Totsl Cost As at 31.03.2025 528.773 9.376 14,790 552.939 Depreclation As at 01.04.2025 Charge for the year 196,315 10,576 9.376 14,790 220,481 10,576 As at 31.03.2026 206,891 9,376 14,790 231,057 NET BOOK VAWE As at 31.03.2026 As at31.03.2025 321,882 332,458 321,882 332,458 10
BALLYWALTER YOUTH AND COMMUNITY COPERATIVE COMPANY UMttED BY GUARAKfEE NOTES TO THE FINANaAL STATEMEVtS Icontlnued) YEAR ENDED 31 MARCH 2026 10. DEBTORS 2026 2025 Trade debtors Other debtors 11. CREDITORS 2026 2025 Trade creditors VAT Other creditors Accruals 705 1,005 12. REsfRicfED INCOME FUNDS Balance at 01.Apr-25 8alance at 31-Mar-26 Transfers Restrlcted Fund 358,840 111,3891 347,451 13. UNRESTRICTED INCOME FUNDS Balance at 01-Apr-25 Incoming resources Balance at 31-Mar-26 General Funds 113,1381 10.129 13,0091 14. ANALYSIS OF NEf ASSEfs BETWEEN FUNDS Tangible fixed assets Net current assets Total Restritted Income Funds Unrestritted Income Funds 321.882 321,882 34,131 34.tsi Total Funds 321.882 34.131 356,013 11
BALLYWALTER YOUTh AND COMMUNITY COQPERATIVE COMPANY UMrtED BY GUARANTEE NOTES TO THE FINANaAL sfATEMENTS (contlnued) YEAR ENDED 31 MARQI 2026 15. COMPANY UMITED BY GUARANTEE Ballywalter Youth and Community Co-operative was re8iStered on 21 February 2Ci)O as company limited by guarantee, not having a share capitsl. 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 wrth Tts rewstered office at The Village Hall, 49151 Main Street. Ballywalter. Newtownards, BT22 2PQ. 16. MORTGAGE OVER PROPERTY AND ASSETS The 1nternats.onal Fund of Ireland and the Northern Ireland Rural Development Councll Ithe Funder51 have tsken a Mortga8e Debenture and Mortgage Deed over the property and assets of Ballywalter Youth and Community cOpetIve. totslllng £321,882. 17. copmNGENT UABIUTIES It should be noted that under certain clrcumstances grants received may become repayable if certain qualifying conditlorfj are not malntalned. There are no other capftal commltments or material contingent liabllttles as at 31 Marth 2026. 12