Company registration t)umber.' N1613923
Charity registration nurnber.. 102172
Bawn Development Association
165 E.lish Road
Dunuanon
BT70 1 LD
(A company limited by guarantee)
Amiual Report and Financial Statements
for the Year End¢d 31 August 2024
Thomas Oliver and Associates Limited
Certified Public Accountant
I MoycFashel Mills Park
Dungannon
Co Tyrone
BT717DH

Bawn Development Association
Contents
Reference and Administrative Details
Trustees, Report
2to3
Independent Examiner's Report
4t05
Statement of Financial Activities
Balance Sheet
Notes to the Ftnancial Statements
8t0 14

Bawn Development Association
Reference and Administrative Details
Chairma
Mr Kenneth McCaTnmon
Secretary
Mrs Annie Marshall
Charity Registration Number
102172
Company Registration Number
N1613923
The charity is incorporated in Northern Ireland.
81 Derginagh Road
Dungannon
Co Tyrone
BT70 ITW
Registered Office
ndependent Examiner
Thomas Oliver and Associates Limited
Certified Publi¢ Accountant
l Moygashel Mills Park
Dungannon
Co Tyrone
BT717DH

Bawn Development Association
Trustees, Report
The trustees, who are diTectors for the purposes of company law, present the annual report togeth¢r with the
financial statements of the charitable cornpany for the year ended 31 August 2024.
Objeetives and activities
Public benefit
The association meet on a monthly basis to mix socially. plan events, raise ￿ndS to provide support and facilities to
ease social isolation. Guest speakers provide infomiation on health and well being to benefit the community.
During the year the hall is rented to other organisations which promote events including carol services,
The trustees confimi that they have complied with the requirements of section 4 of the Charities Act (Northern
Ireland) 2008 to have due regard to the public benefit guidance published by the Charity Commission for Northern
Ireland.
Trustee5 2nd officers
The trustees and officers serving during the year and since the year end Nvere as follows..
Trustees..
Mrs Annie Marshall
Mrs Carol Cardwell
Mr Esdale Lockhart
Mr Trevor Lockhart
Mr Kenneth Mccammon
MT Leslie Mccammon
Chairnian..
Mr Kenneth M¢Cammon
Secretary:
Mrs Annie Marshall
Structure* governanee and management
Financial instruments
Credit risk
The charity's principal financial assets are bank balances
Liquidity rlsk
In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations and future
developments, the charity uses a mixture of long-terni and short-tenTt debt finance.
Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial
statements.
Page 2

Bawn Development Association
Trustees, Report
Statement of trustees, responsibilities
The trustees (who are also the directors of Bawn Development Association for the purposes of company law) are
responsible for preparing the trustees, report and the fTnancial stateTnents in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). including FRS
102 "The Financial Reportincr Standard applicable in the UK and Republic of Ireland"
Company law requires the trustees to prepare financial statements for each financial year. Under company law the
trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the
state of affairs of the charitable company and of the incomints resources and application of resources, including its
income and expenditure, of the charitable company for that period. In preparing these financial statements, the
tNstees are required to:
select suitable accounting policies and apply them consistently.
observe the methods and principles in the Charities SORP.
make judgements and estimates that are reasonable and prudent,.
state whether applicable accounting standards, comprising FRS 102 have b¢en followed, subject to any material
departures disclosed and explained in the financial statements. and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charitable company will continue in business.
The trustees are responsible for keeping propeT accounting records that can disclose with reasonable accuracy at any
time the financial position of the charitable company and enable them to ensure that the financial statements comply
with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and
hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial infornlation included on
the charitable company's website. Legislation governing the preparation and dissemination of financial statements
may differ from legislation in other jurisdictTons.
The annual report was approved by the trustees of the charity on 2 June 2025 and signed on its behalf by..
MrLe
Trustee
lie Mccammon
Page 3

Bawn Development Association
Independent Examiner's Report to the trustees of Bawn Development Association ('the
Company,)
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August
2024.
Respeetive responsibilities of trustees and examiner
As the charity's trustees of Bawn Development Association (and also its directors for the purposes of company law)
you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act
(Northern Ireland) 2008.
Having satisfied myself that the accounts of Bawn Development Association are not required to be audited under
section 65 of Charities Act (Northern) Ireland 2008 and that an independent examination is needed. It is my
responsibility to:_
examine the accounts under section 65 of the Charities Act
to follow the procedures laid doivn in the general Directions (riven by the ChaTity Commission for Northern Ireland
nder section 65 (9)(b) of the Charities Act
- to state whether particular rnatteTS have come to my attention
Basis of Independent Examiners, Report
I have examined your charity accounts as required under section 65 of the Charities Act and my examination was
carried out in accordance with the general Directions given by the Charity Commi55ion for Northern Ireland und¢r
section 65(9)(b) of the Charities Act.
An examination included a revieiv 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
seeking expalnation5 from the trustees concerning any such matters.. I confirm that no matters have come to my
attention in connection with the examination giving me cause to believe..
l. That accounting records were not kept in respect of Bawl Development Association as required by section 6i
of the Charities Act. or
2. That the accounts do not accord with those records. or
3. That the accounts do not comply with the accounting requirements of the Charities Act.
4. That there is further Tnforniation needed for a proper understanding of the accounts tobe reached.
Page 4

Bawn Development Association
Independent Examiner's Report to the trustees of Bawn Development Association ('the
Company,)
Independent Examiner's Statement
I have completed my exaTnination and have no concerns in respect of the matter (l) to (4) listed above and in
connections with the following directions of the Charity Commission for Northern Ireland. I have found no matters
that require drawing to your attention
Thomas Oliver and Associates Limited
Certified Public Accountant
l Moygashel Mills Park
Dungannon
Co Tyrone
BT717DH
2 June 2025
Page 5

Bawn Development Association
Statement of Financial Activities for the Year Ended 31 August 2024
(Including Income and Expenditure Account and Statement of Total Reeognised Gains and
Losses)
Unrestricted
funds
Restricted
funds
Total
2024
Note
Income and Endowments from:
Donations and legacies
Total income
965
965
965
965
Expenditure on".
Other expenditure
(2,345)
(6.735}
(9,080)
Total expenditure
Net expenditure
(2,)45)
(6,735)
(9,080)
(1,380)
(6,735)
(8,115)
Net movement in funds
(1,380)
(6,735)
(8,115)
Reconeiliation of funds
Total funds brought forward
Total funds carried fonvard
40,632
10,000
50.632
12
39,252
Unrestricted
fund5
3,265
Restricted
funds
42,517
Total
2023
Note
Income and Endowments from:
Donations and legacies
Other trading activities
Total income
2,375
1,206
10.000
12,375
1,206
3,581
10.000
13.581
Expenditure on:
Raising funds
Other expenditure
Total expenditure
Net (expendTture)lincome
Net movement in fund5
(1.063)
(3,292)
(1,063)
(3,292)
(4,355)
(4,J55)
(774)
10,000
9,226
(774)
10,000
9,226
Reconciliation of funds
Total funds brought forward
Total funds Ca￿led forward
41,407
41,407
12
40,633
10,000
50,633
All of the charity's activities derive from continuing operations during the above two periods.
The fvnds breakdown for 2023 is shown in note 12.
The notes on pages 8 to 14 forni an integral part of these financial statements.
Page 6

Bawn Development Association
(Registration number: N1613923)
Balance Sheet as at 31 August 2024
2024
2023
Note
Fixed assets
Tangible assets
39,293
39,293
Current assets
Debtors
Cash at bank and ill hand
741
3,233
742
10,928
10
3,974
11,670
Creditors: Amounts falling due within one year
Net current assets
(750)
i.224
Net assets
42,517
Funds ofthe charity:
Restrieted ineome funds
Restricted ￿ndS
3,265
i 0,000
Unrestricted income funds
Unrestrict¢d funds
39,252
40,633
Total funds
12
42,517
For the financial year ending i l August 2024 the chaTity was entitled to exemption from audit under section 477 of
the Companies Act 2006 relating to small companies.
Directors, ￿spOnSIbl1]tles'.
The members have not required the char5ty to obtain an audit of its accounts for the year in question in
accordance with section 476,. and
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting records and the preparation of accounts.
The financial statements on pages 6 to 14 were approved by the trustees, and authorised for issue on 2 June 2025
and signed on their behalf by..
Mr Trevor Lockhart
Trustee
Mr Leslie Mccammon
Trustee
The notes on pages 8 to 14 fonn an integral part of these financial statements.
Page 7

Bawn Development Association
Notes to the Financial Statements for the Year Ended 31 August 2024
Charity status
The charity is limited by guarantee, incorporated in Northern Ireland, and consequently does not have share capital.
Each of the trustees is liable to contribute an amount not exceeding £ I towards the assets of the charity in the event
of liquidation.
The address of its registered office is..
81 Deroinagh Road
Dungannon
Co Tyrone
BT70 ITW
These financial statements were authorised for issue by the trustees on 2 June 2025.
2 Accounting policies
Summary of significant accounting policies and key aecounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These
policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement
of Recommended Practice (applicable to charitie5 preparing their accounts in accordance with rhe Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in OctobeT 2019) - (Charities
SORP (FRS 102}}, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and
the Companies Act 2006.
Basis of preparation
Bawn Development Association meets the definition of a public benefit entity under FRS 102. Assets and liabilities
are initially recognised at historical cost or transaction value unless othenvise stated in the relevant accounting
policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going
concern nor any significant areas of uncertainty that affect the caTrying value of assets held by the charity.
Exemption from preparing a cash flow statement
The charity opted to early adopt Bulletin I published on 2 February 2016 and have therefore not included a cash
flow statement in these flnancial statements.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be
received and the amount of the income receivable can be measured reliably.
Page 8

Bawn Development Association
Notes to the Financial Statements for the Year Ended 31 August 2024
Grants receivable
Grants are recoonised when the charity has an entitlement to the funds and any conditions linked to the grants have
been rnet. Where perforn]ance Conditions are attached to the grant and are yet to be met, the income is r¢¢ognised as
a liability and included on the balance sheei as deferred incorne to be released.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure
heading that aggregate similar costs to that cate¥OOry. WThere costs cannot be directly attributed to particular headings
they have been allocated on a basis con51Stent with the use of resource5, Wlth central staff costs allocated on the
basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are
allocated based on the spread of staff costs.
Raislngfunds
These are costs incurred in attracting voluntary income, the management of investments and those incu￿ed in
trading activities that raise ￿nds.
Support costs
Support costs include central functions and have been allocated to actlvlty cost categories on a basis consistent with
the use of resources, for exatnple. allocating property costs by floor areas. or per capita, staff costs by the time spent
and other costs by their usage.
Taxation
Th¢ charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 201 O and therefore it
Tneets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity IS Potentially
exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part I I
of the Corporation Tax Act 201 O or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that
such incoTne or gains are applied exclusively to charitable purposes.
Tangible fjxed assets
Individual flxed assets costing £ 100.00 or more are initially recorded at cost.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits. and other short-terni highly liquid investments
that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Page 9

Bawn Development Association
Notes to the Financial Statements for the Year Ended 31 August 2024
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Accounts payable are classified as current liabiliti¢s if the charity does not have an
unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months
after the reporting date. If there is an unconditional right to defer settlernent for at least twelve months after the
reporting date, they are presented as non-current liabilities.
Trade creditors aTe recognised initially at the transaction price and subsequently measured at amortised cost using
the effective interest method.
Borrowings
Interest-bearing bO￿oW]ngS are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings
are subsequently Carried at amortised cost, with the difference between the proceeds. net of transaction costs. and the
amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of
the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and
similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the
liability for at least twelve months after the reporting date.
Fund structure
Unrestricted income funds are general fimds that are available for use at the trnstees discretion in furtherance of the
objectives of th¢ charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is
restricted to that area or purpose.
Financial instruments
Classification
Financial assets and financial liabilities are recognised when the chartty becomes a party to the contractual
provisions of the instnjment.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements
entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after
deducting all of its liabilities.
Page 10

Bawn Development Association
Notes to the Financial Statements for the Year Ended 31 August 2024
Recognilion and measuremenl
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for
those financial assets classified as at fair value through profit or loss, which are initially measured at fair value
(which is nornially the transaction price excluding transaction costs), unless the arran(rement constitutes a financing
transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured
at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists
a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or
to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial
asset expire or are settled, b) the charity transfers to another paty substantially all of the risks and rewards of
ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and
rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or
expires.
3 Income from donations and legacies
Unrestricted
funds
General
Restricted
funds
Total
funds
Grants, including capital grants.
Grants from other charities
965
965
Total for 2024
965
965
Total for 2023
2,375
10,000
4 Income from other trading activities
Unrestricted
funds
General
Total
funds
Total for 2024
Total for 2023
1,206
1,206
S Trustees remuneration and expenses
No rn￿tees. nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
Page 11

Bawn Development Association
Notes to the Financial Statements for the Year Ended 31 August 2024
6 Independent examiner's remun¢ration
2024
2023
Examination of the financial statements
420
330
7 Taxation
The charity is a registered charity and is therefore exempt from taxation.
8 Tangible fixed assets
Land and
building5
Furniture and
equipment
Total
Cost
At I September 2023
At 31 August 2024
Depreciation
1,091
39,293
38,202
1,091
39,29i
At 31 August 2024
Net book value
At 31 August 2024
38,202
1.091
At 31 August 2023
38,202
1,091
9 Debtors
2024
2023
Prepayments
741
742
10 Cash and cash equivalents
2024
2023
Cash at bank
3.233
10,928
Page 12

Bawn Development Association
Notes to the Financial Statements for the Year Ended 31 August 2024
I Creditors: amounts falling due within one year
2024
2023
Trade creditors
Accruals
390
360
330
750
330
12 Funds
Balance at I
September
2023
Incoming
resources
Resources
expended
Balance at31
August 2024
Unrestricted funds
General
40,632
965
(2,345)
(6,7J5)
39,252
Restricted funds
i 0,000
i,265
Total funds
50,632
965
(9,080)
42,517
Balance at I
September
2022
Incoming
resources
Resources
expended
Balance at 31
August 2023
Unrestricted funds
General
41,407
3.581
(4,355)
40,633
Restricted funds
i 0,000
i 0,000
Total funds
41,407
13,581
(4.355)
50,633
Page 13

Bawn Development Association
Notes to the Financial Statements for the Year Ended 31 August 2024
13 Analysis of net assets between funds
Unrestricted
funds
General
Total funds at
31 Augusl
2024
Tangible fixed assets
Cu￿ent assets
Cu￿ent liabilities
39.293
3,974
(750)
42,517
39.293
3,974
(750)
Total net assets
42,517
Unrestricted
funds
General
Total funds at
31 August
2023
Tangible fixed assets
Cu￿ent assets
Current liabilities
i9,29i
11,670
(330)
39,293
11,670
Total net assets
50,633
50,633
14 Analysis of net funds
Atl
September
2023
Financing cash At 31 August
llows
2024
Cash at bank and in hand
10.928
{7,695)
(7,695)
3,233
Net debt
10,928
Atl
September
2022
3.233
Financing cash At 31 August
flow5
2023
Cash at bank and in hand
2,056
8,872
10,928
Net debt
2,056
8,872
10,928
Page 14