Independent examlnerfs report to the charity trustees of Kelvln Malone Brldge Centre I report on the accounts of the company for the year ended 31" March 2024 which are set out on ' pages 7 to 9. Respectlve responsibilitSes of charity trustees and examlner As the charity trustees (and also the directors of the company 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 lald down in the general Dlrections 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. Basls of Independent examlnerfs report I have examined your charity accounts a5 required under section 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)Ib) 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 unusual items or disclosures in the accounts, and seekin8 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: l. That accountlng records were not kept in accordance with section 386 of the Companies Act 2006 2. That the accounts do not accord with those accountlng records 3. 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 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examlnerfs statement I have completed my examination and have no concerns in respect 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 matters that require drawing to your attention. Name: lan Lindsay ddress 5 Marmont Park, Belfast BT4 2GR Retired Chartered Accountant Date 31 August 2024 Page 6
Kelvin Malone Bridge Centre Statement of Flnancial Actlvltles (inc Income and Expenditure account) for the year ended 3110312024 3110312023 3110312024 Incomlng resources from ganeral funds Table money Weekly Compelltions BBO Classes Refreshment sales Subscriptions Fundraising Ground rent receivable Service charge receivabl8 R¢)om HSre Donaon Holywood Bridge Club Caterfng NIBU events Charfty events Special events Business Interuptlon Insurance Donatlons Interest rec 8.400 435 2.852 1,046 794 4.593 6,381 267 3,928 933 624 5,313 3,682 380 275 3,682 5,214 314 737 1,392 435 303 792 30 634 28.917 61 1.426 26.376 Re80ur¢e$ expended Cost of goods sold and other cost8 Ground fent Payable Setvlce charge payable Llght, heat and water Repalrs Legal and Accountsncy fees Prizes Refreshment purchases Speclal events expenses Cleaning payments Household Computer and webslte expenses Post Nlbu affillation Competition fees and expenses Insurance Charfty competition5 Bridge supplles and sundrles Depreclatlon on Propety Other Depreclation -7,364 -760 -1,734 -599 -328 -2,540 -203 -854 -1,042 -79 -322 -90 495 -315 -2,945 -737 -168 -1,629 -7,364 -950 -2,618 -608 -658 -1.250 -194 -260 -910 -57 -293 -78 -1.045 -165 -2,609 485 -1,629 -22.604 -21,181 SurpluslDef1cit for ar 3,772 7,737 Page 7 Page 7
615888 Kelvln PAalone BrKlge Centre Ml¢ro•ntlty Balance Shoot as at 3110312024 Rxed A800ts 187.735 169.384 Current Assets Refroshmerrt Sto 4.OV2 48.225 24,050 Depostt account Redwod Bank Bank acc4xJnt C88h on hond 21,138 71.188 Current Llbllits•• C1r8 1.833 -1,788 74.823 69,422 Total A•80ts 242.558 238.788 Thg fund• of th• charlty Brought foMard SurKIu61Deflctt for year -231.049 -7,737 -3.772 ' 442.558 For the year ended 31103r2024 the o)mpany wa• enlllled to examptkn WKlgr seclknn 477 of the Companle8 Acl 2006 relatkng to 8mall compan168 The mémbets havo not rnqutred the compwry ts obtakn audll of118 a¢nts In 8ceord8nce th seclon 478 01 the Compari Act 2006 Thè dlreclijrs acknowledge I11r for comptykng 1h ofthè CompanbB Art 2LX13 wllh respfrd to ar£ountlnq tea)rds and tho preparati[ ol alxxwnts. The accounts ha been prepared tn ac(xirdonc 1th the MrTY provknlonl arKI dellvered in a(o)rdar¢ce the P610n$ app11tI6 to the subject lo the Small companles, regkne. oprov•d by thg board ijn 301h Auguot And 8*d C thelr l)éhaff by Ird Dlrector and Trea•uror
Kelvln Malone Bridge Centre Notes to the Financial statements for the year ended 3110312024 l Accounting Policie5 The financial statements have been prepared In accordance with applicble standards and undaer the Historic cost convention Income and expendlture are stated net of VAT Depreciation is provided on tangible assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful life as follows: Property Straigt Ilne over 120 years Computer wquipment 20% of cost Other equlpment 20% of cost Stock Is valued at the lower of cost or net realisable value. 2 Restrlcted Funds There are no Restricted Funds 3 Tanglble Assets Leasehold Flxtures and Property Equipment Total Asat Additions Asat 31 March 2023 195,447 18,409 213,856 31 March 2024 195,447 18,409 213,856 Depreclatlon Asat 31 March 2023 Charge for period Asat 31 March 2024 26,083 1,629 27,712 18,409 44,492 1,629 46,121 18,409 Net book value Asat 31 March 2023 Asat 31 March 2024 169,364 167,735 169,364 167,735 Page 9