COMPANY REGISTRATION NUMBER: N1607232
CHARITY REGISTRATION NUMBER: NIC102248
Ballynafeigh Community Development Association
Company Llmited by Guarantee
Financial Statements
31 March 2024
Finegan Gibson Ltd
Chartered accountsnts & ststutory auditor
Causeway Tower
9 James Street South
Belfast
BT2 8DN

Ballynafeigh Community Development Association
Company Llmlted by Guarantee
Flnancial Statsments
Year ended 31 March 2024
Page
Trustees, annual report (incorporating the directorfs report)
Independent auditorfs report to the members
10
Statement of financial activities (including income and
expenditure ac¢J)unt)
15
Statement of financial posilion
16
ststement of cash flows
17
Notes to the financial ststements
18
The following pages do not fonm part of the financial statements
Detailed statement of financial activities
30
Notes to the detsiled ststement of financial activities
31

Ballynafelgh Community Development Assoclatlon
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report)
Year ended 31 March 2024
The trustees. who are also the directors for the purposes of company law. present their report and the
financial statements of the charity for the year ended 31 March 2024.
Reference and admlnistratlve detalls
Reglstered charlty name
Ballynafeigh Communty Development ASs(￿latIon
Charlty reglstratlon number
NIC102248
Company registration number N1607232
Prlnclpal offic• and registered 283 Ormeau Rd
offico
Beffast
BTI 3GG
The trustees
Peter O'Rou￿e (Jolnt InterlnFChalrperson)
David Hines
Stephen Owen Atkinson
Kieran Lynch
Clive Jones
Elizabeth Tiemey (freasurer)
Emer Mary O'Nelll
{Reslgned 31 January 2024)
Chris O'Halloran (Joint Interim£hairperson)
Auditor
Finegan Gibson Ltd
Chartered accountants & statsrtory auditor
CausevRy Tower
9 JaThs Street South
Beffast
BT2 8DN
Bankers
Ulster Bank
36&369 Omieau Road
Belfast
8T7 3GP
Sollcltors
E&L Kennedy SolicAtors
Imperial Building
72 High Street
Betfast
BT12BE

Ballynafelgh Communlty Development Association
Company Llmited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) (¢onthiu
Year ended 31 March 2024
structure. govemance and management
Goveming Document
Ballynafeigh Communty Development AS￿)ciation is a company limited by guarantee governed by its
Memorandum and Artides of Associalion dated 11th Juty 2011. Ballynafeigh Community Development
Assoaation is a registered charity with th8 Charity Commission for Northem Ireland.
Appolntsnent of trvstees
The Chaiman and the Trustees recruit and seled new Trustees as needed. New Trustees are
recruÈted on the relevance of their professional skills. and their potentbal to be able to make a helpful
contribution to the governance of the charity. A8 part of the recruitment process. they are made aware
of a Trustees. legal obligations under charity and company law. th8 content of the Memorandum and
Arbcles of Association. the commrttee and decision-making prO￿Sses. the business plan and recent
financial perfonnance of the chaiity.
Once the potential new Trustee has agreed to be consldered for appolntment to the role. the Trustees
meet to review and to vote on the candidates, sultabllty for appolntrnent. If there Is unanlmous
agreement. their names are then proFwd for appointment, to the voting Members of the Company at
the nexi Annual General Meeting.
Relatlonshlps wlth relatedpartles
None of our Irustees re￿￿8 remuneration ry other benefft from thelr work wlth the charfty.
Risk management
The trustees have a risk management strategy wthich comprises:
an annual review of the princlpal rlsks and un￿rtaIntieS that the tharity faces;
the establishment of polides. systems and procedures to mikngate those risks identified in the
annual review: and
the implem8ntatK)n of procedures designed to mlnlmise or manage any potential Impact on the
charity should those risks materialise.

Ballynafeigh Community Development Associatlon
Company Llmlted by Guarantse
Trustees. Annual Report (Incorporating the Directorfs Report) (contkn
Year ended 31 March 2024
Objectlves and activltles
Objectlves and Activltles
BCDA'S Charity Objectives (objects) a￿ to promote the benefft of the inhabitants of Bal]ynafetgh and
its environs (the 'Area of Benefrt) wtlhout distinctK)n of sex. sexual orientation. age. race. ethnicity, or
politscal. religious. or other opinion. by associating wtth voluntary and community organtsations.
statutory agencies and inhabitants. in a common effort to:
(a) Advance communty development by providing resources, facilitates. amenities. support. and
information community and voluntary groups and organisations and encouraging and assisting such
organisations to cooperate to achieve their aims;
(b) Promote shared neighbourhood. good relations, and equty arKI diversity:
(c) Advance education and:
(d) To develop th8 capacty and skllls of residents of the area of benefft. an area of soclal arKI
economic disadvantsge. in such a way that they ar8 better able to Klentify and help meet thelr needs
and to participate more fully in society;
(e) Relieve those in need by reason of youth. age, ill health, disabilty. financial hardshlp or other
dlsadvantsge; and
(Q Promte such other charitable ￿1)rkS as may from time to Ilme be detemined.
In shaplng our Objectives for the year and planning our actlvliles, the trustees have considered the
Charity Commisslon's guldance on public benefit.

Ballynafelgh Community Development Association
Company Limited by Guarantee
Trustees. Annual Report (Incorpordting the Directorfs Report) (conthu
Year ended 31 March 2024
Achievements and perforniance
BCDA delivered ts vision of neighbourlM)od and society by successfuliy resourcing and delivering ts
projects and programmes. "Our vlslon is of a vibrant n8￿hbOurhood, wlth a generous spirit supported
by a dynamic communty associab'on which acts as a calawt for change and development." By
directly targeting need through b8spok8 projects that supwt individuals and supporting th8
development and capacibes of user groups and partners. we generate a social fabric in tha
neighbourhood that is resili8nt and indusNe. BCDA both generates this development and equips
groups and individuals to be adaptive in the face of change. We achieve this by acting as a resource
for action. providing physical space ft)r the autonomous development of groups and developmentsl
support for our partner proje(*s.
In the year 2023 to 2024, supported 224 groups. To understand and map the impacts of our work
we organise our angagement at three T8vels'. Leve11 {102 in 2023-2024). space for groups to plan
and deliver. Level 2 (67 in 2023-2024). groups parti(apate or gain benefrt and empowemient from our
projects and programmes. Level 3 (55 in 2023-2024), BCDA acts as the pivot for collaboration
betsveen groups and organisations. Groups have a spaGe. in whlch they are supported at the18V81 that
they r8quire, to to develop their autonomy and capacities and to address the issues that they identfy
as crucial. This purpose embodies a founding and fundamentsl principle upon which BCDA develops
all of its work.
The organisation is a resource for groups arKI agendes to learn from and to develop autonomy.
BCDA hold its own independene£ arKI autonomy to be a central tenet of its existence and, from this,
encourages and enhances the autonomy and Independence of others.
The organlsafjon has been (xucial for groups to plan and deliver thelr own programs and events.
BCDA Is an active agent in promoting this posiiive development and consciously maps its input into
the dev8lopment of groups through ts user group matrix. Thls ts essentially an impact audit system
with three levels of engagement between groups and the organisation. Lev811 is the most baslc level
of engag8ment with BCDA providing resources such as this facilitating access. Level 11 is where the
organisation dlrectty delivers a spectfic or service to the d8V8loping group. An example of this, is
vthere a project will support group to develop a progrdmme or to access resources to delN8r a
programme. Level 111 is a collatK)rative level where BCDA these facilitles partnership working to
m￿MIse the impact of groups and organisations work
The shared vnrkspace is now fully accessib18 to the public ar￿ is a multi-purpose space used in
variety of ways:
As the Belfast offi(x for Migrant Centre Nl.
As an event space for Betfast. Cty of Sanctuary (Youth Group and After Schools Group)
As a meeting venue for a varW of User groups such as faith-based groups and interest group
{l.e. Corymeela).
The focus on group development and collaboration is matched by our support for individuals and
families. Our Advi￿ Team delivered an average of 25 advice sessions per week across 11 venues in
South Belfast. We supported 2347 indtviduals and recovered £1.576.411 in benefrt payments for these
dients. This has had a huge impact of the qualty of life of these people. particularly in the current
econom￿ dimate where the cost of living is increasing. and incomes are static or decreasing in real
terms. There is a real crisis for people that we address.
Our Health & Social Wellbeing Team delivered a wide range of programmes:

Ballynafeigh Community Development Association
Company Limitsd by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) (eontkn￿￿J
Year ended 31 March 2024
Seniors Arts and Crafts
Wellbeing Drop-in
Chair Based Yoga
Men's Health Fair
Fitness classes
Men's Shed
Summer Outings
Nutritional Education
The Health & Wellbeing Team also collaborated with other groups and agencies in South Belfast:
Engage with age, Clanmill Housing, Radius Housing. Belfast Cty Council. Forward South Partnership,
Open Omeau. Annadale Communty Centre South Belfast Sure StsrL Forge Integrated Primary
School, Rosetta Primary School and Taughmonagh Prknary School to deliver South Belfast wide
health and social wellbelng initiatives.
BCDA has broad developmental nelworks and (x>nnections a(xoss the sector. developlng and
delivering significant projects and initi'atFves in ￿llabOratIVe partnerships with ststutory and communty
sector agencies. BCDA openty shares its practice and seeks to take a broad co-destgn approach to
shaping policy. BCDA leads andlor supports a number of sectoral n81works and partnerships.
Ballynafeigh & Taughmonagh Health & Wellbeing Partnership
South Belfast Mental Health Hub and the Public Health Agency.
South Belfast a￿ce Consortlum (South Clty Resource & Development Centre. Advlce Space
Belfast. BCDA as Lead Partner).
BCDA & Surestsrt Childcare Partnership.
Migrant Centre Nl & BCDA Partnership.
Belfast, Cty of Sanctuary.
Belfast Advice Group (BAG) BAG advocates on behaff of the iwenty advi￿ servlces across the
cty.
Eleven Advice Outreach Centres: Momington Communty Project, Lower Ormeau ResKlents'
Action Group. Annadale and Haywood Residents Assooation. Donegall Pass Cornmunty Forum.
Markets Development Association. Sandy Row Community Centre, Taughmonagh Community Forum,
Morton Cornmunity Centre, Women's Aid, Belvoir and Miljfield Hub, Cregagh Communlty Centre. Core
seNices continue at BCD
Our organisation seeks to have a thaty defined inpui into partnership organisations enLx>uraging
aLrtonomy. building strength and sound processes for governance and accountabilty. These
interorganisational processes encourage openness and accountability while promoting both
independence and interdependence. BCDA'S approach maximises the impact of limited resources by
81iminating duplication. encouraging networks to de8pen reach into communities in need and build
constructNe relationships across the sector and between the sector. government and statutory
agencies. BCDA achieves thesa complex and wid8-ranging outcomes. with tighdy focused resources
in challenging circumstan￿. because of a combination of a dedicat8d team of staff and volunteers
and crucialty. a dedicated Board committed to excellence in governan￿. We are compliant with our
obligations under both Charity and Company Law and are a publicty accountsble entity.

Ballynafeigh Community Development Association
Company Limited by Guarantse
Trustees. Annual Report (Incorporating the Directorfs Report) (Gonthwdj
Year ended 31 March 2024
Achlevements and perforniance (Gmtinuv
Finance & Fund Ralslng
BCDA maintained and expanded ils funding base to tmet the needs of the neighbourhood and the
sector.
1. Resourcing the core functions of the organisation and sustain the building as a hub for capacity
building and communty developmenL"
BCC Capacity Building grant
Department for Communitses CIF
2. Annual funding to develop and deliver long-standing projects to address perennial need in our
communities:
BCC South Be￿5t Advice Partnership
PHA Health & Wellbeing
3. New Funding to address new and emerging needs In our communttles:
Rank Foundation
Belfast Trust Talklng Theraples
BCC Small grants
Forward South Pathershlp
CFNI
Aiong w5th our Income from fund raisiNJ. our activities generated unrestricted income to support the:
Running of the organisation
Income from Partner Organisations
R8sourc8 income from room hirelvenue hire
Donations

Ballynafeigh Communlty Development Association
Company Llmitad by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) (￿￿knu
Year ended 31 March 2024
Flnancial rnvlew
The net incoming resources for 202W2024 were £17,247 (2023: £29.032). Total reserves at the
year*nd amounted to £629,806.
Reserves pollcy and going concwn
Reserves are ne8ded to bridge the timing gap between spending and receNing of inc(xne and to cover
unplanned temporary shortfalb in incom8 should they artse. Holding adequate reserves safeguards
the provision of our semces in the v4ent of unexpected signfficar)t financial pressures. The trustees
consider that the ideal level of reserles would be between th￿e to six months expenditure which for
the year ended 31 March 2024 would b8 beiween £129.591 and £259.182.
Unrestricted reserves freely available to spend, therefore excluding fixgj assets, restricted reserves
and designated reserves amounted to £225,745 which is within the Ideal target level. The trustees
belleve this represents a sufficient level of reserve to ensure that the going concern assumption Is
appropriats.
Pnnclpal fvndlng sources
Th8 main funding bodles that support BCDA are-
BeFtast Cty CouncFI (BCC)
Public Health Agency (PHA)
Department for Communitles (DfC}
Belfast Health & Social Care Trust (BHSCn
Plans for futurn ￿riOdS
Flnances and Fundraising
Th8 board has a strong and definite plan to sustain current funding and fundralslng Into the next
financial year ensurlng sustainabilty of exlstlng projects and seNices. development of new work in
response to emerging need and bolstering and expanding of reseNes as appropriate. This will be
achieved by a combination of sustsining project based and core funding and seeking new
opportunities for both. The board are also developing plans for unrestricted income generation based
on use of existing organiSat￿al assets and pursuing income diversification opportunities.
The aftermath of the pandemic. Ihe emerging 'cost of living. crisis and the consequent squeeze on
public finances presents a signtficant challenge for BCDA going forward. This. coupled with a marked
reduction in resou￿ income because of rOdu￿d use of the building during the pandemic. requires
new approaches to sustaining our Work. BCDA will be expanding opportunities for groups and
individuals to use resources in the building. induding the newly renovated Spa￿ on the top floor: this
will enhance the level of support available to the neighbourhood in temis of spaces to work. m88t and
innovate. It will also contribute to the building of financial reserves enabling the Board to sustain and
develop BCD

Ballynafeigh Community Development Associatlon
Company Llmlted by Guarantse
Trustees. Annual Report (Incorpornting the Directorfs Report) (eMthu￿}
Year ended 31 March 2024
Trustees. responslbllltles statement
The trustees. who are also directors for the purposes of company law. are responsible for preparing
the trustees. report and the financial statements in ac(x)rdance with applicable law and United
Kingdom Accounting Standards (United Kingdom General￿ Accepted AccA)unting Practice).
Company law requires the charity trustees to prepare financial statements for each year which give a
tNe and fair view of the state of affairs of the charitable company and the incoming reSoUr￿S and
application of resources. including the income and expenditure. for that period.
In preparing these financial statements. the trustees are required to:
select suitsble accounting policies and then appty them consislenty:
observe the methods and prlnclples in the applicabla Charil£s SORP.
make judgments and accounllng esllmates that ar8 reasonable and prudent.
prepare the financial stalements on the going concern basis unless It ts Inappropriate to presume
that the charity will continue in busSness.
The trustees are responsib18 for keeping adequate accounling re(x)rds that are suffiaent to show and
explain the charivs transactions and dlsclose with reasonable accuracy at any time th8 financial
posltlon of the charity and enable them to ensure that the financlal statements comply with the
Companies Act 2006. They are also responsible for safeguardlng the ass8ts of the charlty and hence
for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Audltor
Each of the persons who is a trustee at the date of approval of this report cOnfiM￿ thaL"
so far as th8y are aware, there Is no relevant audit infomiation of whlch the charivs audiior is
unaware; and
they have taken all steps that Ihey ought to have taken as a lJustee to make themselves aware of
any relevant audit infomation and to establish that the chantys auditor is aware of that
information.
Small company provlslons
This report has been prepared in accordance with tha provisions applicxble to companies entitled to
the small companies. exemption.
The trnstees, annual report was approved on ....
trustees by:
.11 1.4....... and signed on behalf of the boarij of
Chris O'Halloran
Joint Interim-chairperson

Ballynafelgh Community Development Assoclatlon
Company Limited by Guarantse
Independent Auditorfs Report to the Members of Ballynafeigh Community
Development Association
Year ended 31 March 2024
Oplnlon
We have audited the financial statements of Ballynafeigh Communty D8velopment Association (the
'charity') for the year ended 31 March 2024 which comprise the statement of financial actlvities
(including income arKJ 8xpendiiure aqxx)unt). statement of financial position. statement of cash flows
and the related notes, induding a summary of significant accounting policies. The finanaal reporting
framework that has been applied in their preparation is applicable law and United Ktngdom Accounting
Standards, induding FRS 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland (United Kingdom Generalty Accepted Accounting Prackn).
In our opinion the financial ststements:
give a true and fair view of the state of the chariws affairs as at 31 March 2024 and of its
incoming resources and application of resources, including ts income and expenditure. for the
year then ended"
have been propety prepared in accordance wlth United Kingdom Generally Aixepted
Accountlng Practice.
have been prepared in accordance wllh the requirements of the Companies Act 2006.
Basis for oplnlon
We conducted our audit in accordan￿ with Intematlonal Stsndards on Auditing (UK) (ISAS (UK)) and
applicable law. Our r8sponsibilities under those standards are furth8r desLYibed in the auditols
responsibilities for the audit of the financial statements section of our report. We are independent of
the charity in accordance with the ethical requirements that are relevant to our audit of the financlal
statements In the UK. including the FRC'S Ethical Standard. and the provisions available for small
8ntities, in the clrcumstances set out below. and we have fulfilled our other ethlcal responsibilities in
accordanc8 With these requI￿rnents. We believe that the audit eviden(* we have obtalned is suffioent
and appropriate to provide a basis for our opinÉon.
AP8 Ethical Standard - Provisions avallal)le for small entities
In common with many oth8r businesses of our size and nature we use our auditors to prepare and
submtt retums to the tax authorities and assist with the preparation of the financial statements.
Conclusions rnlatlng to golng concern
In auditing the financial statements, we have concluded that the trustees. us8 of the going concern
basis of accounting in the p￿paration of the financial statements is appropriate.
Based on the work we have performed. we have not identified any material uncertainties relating to
events or conditions that. indmdualty or collectiveiy. may cast signfficant doubt on the charitys ability
to continue as a going concern for a period of at least twelve months from when th8 financial
statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concem are described
in the relevant sections of this r8tK)rt.

Ballynafeigh Communlty Development Association
Company Limlted by Guarantse
Independent AuditoVs Report to the Members of Ballynafeigh Community
Development Association [¢￿tinUe
Year ended 31 March 2024
Other inforniatlon
The Other infomiation comprFses the inforniation included in the annual report, other than the financial
statements and our auditorfs report th8reon. The trustees are responsible for the other infomation.
Our opinion on the financial ststements does not cover the other infonnation and. except to the exient
othepwise explicttly stated in our report, we do not express any fi)rm of assurance condusion thereon.
In connection with our audit of the financial statements. our responsibility is to read the other
infomation and. in doing so. consider whether the other infomiation is materially inconsistent with the
financial ststements. or our knowledge obtain8d in the aLKlit or otherwise appears to be materialtry
misstated. If V￿ identify such material inconsistencies or apparent material misststem8nts, w8 are
required to detennine whether there is a material misstatement in the financial stataments or a
material misstatement of the other information. If. based on the work we have performed, we wnclude
that there is a material misslatement of this other infornption. we are requlred to ￿port that facL
We have nothing to report In thls regard.
Oplnlons on other matt•rs prnscribed by the Companles Act 2006
In our opinion. based on the undertaken In the course of the audiL
the Inf0M￿tIon given in th8 trustees, report for the Ilnanual year for which the financial
ststements are prepared is (x>nsistsnt IMth the tlnanclal statements. and
the trustses, report has been prepared in aC￿>rdance with applicable legal requirements.
Matters on which we are requlred to report by exception
In the light of the knowledge and urKlerstsnding of the charity arMJ ts envlronment obtained in the
(x>urse of th8 audit. we have not Identified material misstatements in the trustees, report.
We have nothing to report In respect of the following matters In relatlon to which the Companies Act
2006 requires us to report to you rf, in our opinion".
adequate accounting records have nol been kept. or r8knrns adequats for our audit have not
been received from branches not visited by us; or
the financial statements are not in agreement with the accounling re(x)rds and retums. or
certain disck)sures of trustees. ￿n￿neration specified by law are not made: or
we have not ￿CeiVed all the inforniation and explanations we require for our audit." or
the twstees were not entitled to prepare the financial ststemerts in accordance ￿1th the small
companies. regime and tske advantage of the small companies. exemptions in preparing the
directors, repx)rt and from the requirement to prepare a strategic report.
10

Ballynafeigh Community Development Assoclatlon
Company Limited by Guarantee
Independent AuditoVs Report to the Members of Baltynafeigh Community
Development Association (¢onllnu#dJ
Year ended 31 March 2024
Responsibilities of trustoes
As explained more fully in the trustees. responsibilities statement. the trustees (who are also the
￿1￿CtorS for the purposes of company law) are responsible for the preparation of the financial
statements and for being satisfied that they give a tnje and fair view. and for such internal control as
the trustees determine is necessary to enable the preparat#￿ of financial statements that are free
from material misstatement. whether due to fraud or error.
Our responsibilty is to audit and express an opinion on th8 financial statements in accordance with
applicable law and Intemational Standards on Auditing (UK). Those standards require us to comply
with the Financial Reporting Council's {FRQs) Ethical Standard for Auditors,. in the circumstances set
out in note X to the financial staternents.
In preparing the financial ststements. the trustees are responsible for assessing the charitys abilty to
continua as a going concern. disdosing. as applicable, matters related to going concem and using the
going concem basis of accounkn'ng unless the trustees either interKJ to liquidate the charity or to cease
operations. or have no realistic attemative I￿t to do so.
11

Ballynafeigh Communlty Development Associatlon
Company Limlted by Guarantee
Independent Auditorfs Report to the Members of Baltynafeigh Community
Development Association (conttnued)
Year ended 31 March 2024
Audltorfs responslbillties for the audlt of the financlal sLthments
Our objectives are to obtain reasonable assurance about whether the financial statements as a who
are free from material misstatemenL whether due to fraud or error, and to issue an auditorfs report that
includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an
audit conducted in accordance ISA8 {UK) will always detect a material misstatement wh8n it
exists. Misstatements can arise from fraud or error and are conside￿d material rf, individually or in the
aggregate. they could reasonably be expected to infiuenca the economic decisions of users laken on
the basis of those financial statements.
Irregularftles. Induding fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilitses. ouuined above. to detect material misstatements in respect
of irregularities. including fraud. The extent to which our wocedures ar8 capable of detecting
irregularibes, induding fraud Is detailed bek>w:
In klentifying and assessing risks of material misstatement in respect of Irregularttles. Including fraud
and non-c0mp1lan￿ with laws and regulalions. we considered the following:
The nature of the industy and sector, control environment and buslness perfomiance including
the deslgn of the remuneration policles. key drivets for directors. remuneration. bonus levels and
perfonnance targets.
Results of our enquiries of management about their own idenlificalion and assessment of the risks
of irregularltbs:
Any matters we Identified having obtsined and revtewed documentation of thair policies and
procedures relating to:
Identifying, evaluating and comptying with laws and regula￿nS and whether management were
aware of any instsnces of non-compliance:
Detecting and responding to the risks of fraud and whether manag8m8nt have knowledge of any
actual, suspected or alleged fraud.
Th8 Intemal controls established to mibgate risks of fraud or non-o)mpliance with laws and
regulations.
The matters discussed among the audit engagement team indudlng slgnlficant component audit
teams and relevant intemal specialists. including tax and valuations specialists regarding how and
where fraud mlght oC￿r in the financial statements and ary potential indicators of fraud.
As a result of these procedures, we considered the opportunities and incentives that may exist within
the organisation for fraud and identifjed the greatest FM)tential for fraud. In common with all audrts
under ISAS (UK), we are also required to perft)rm speafic procedures to respond to the risk of
management override.
We also obtained an understanding of the legal and regulatory frameworks in operation. focusing on
provisions of those laws and regulations that had a direct effect on the determination of material
amounts and disck)sures in the financial statements. The key laws and regulations we Considered in
this context included ongoing Complian￿ with the UK Companies Act and L2x leglslatlon.
In addition. we fx>nsidered provisions of other laws and regulations that do not hava a direct effect on
th8 financial stalements but compliance with which may be fundamental for their abilty to operate or to
avoid a material penalty-
12

Ballynafeigh Communlty Development Association
Company Limited by Guarantee
Independent Auditorfs Report to the Members of Ballynafeigh Community
Development Association
Year ended 31 March 2024
As part of an audit in accordan￿ with ISA8 (UK). we exercise professional judgment and maintain
professional s￿ptI¢l$M throughout lh8 audit. We also:
Identrfy and assess the risks of material misststement of the financial statements. whether du8 to
fraud or error. design and perfonn audit procedu￿ respcmsive to those risks, and obtain audit
evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not
detecting a material misstatement ￿Ulting from fraud is higher than for one resulting from 8rror,
as fraud may involve collusion. forgery. int8ntional omissions, misrepresentations. or the override
of intemal control.
Obtain an understanding of intemal control r818vant to the audit In order to design audit
procedures that are appro￿late in the circumstances. but not for the purpose of expressing an
opinion on the effect￿￿neSS of the intemal control.
Evaluate the appn)priateness of accounting policies used and the reasonableness of accountlng
estimates and related disdosur8s made by the trustees.
Conclude on the appropriateness of the trustees, use of ￿ going concem basis of accounting
and. based on the audit eviden￿ obtalned. whether a material uncertainty exists re￿Ied to
events or o)nditbons that may cast slgnificant doubt on th8 charitys ability to continue as a going
concern. If we conclude that a materlal uncertainty exists, we are required to draw attention in
our auditorfs report to the related dlsclosures in the financial statements or. rf such dlsclosures
are inadequate. to modify our opinion. Our conclusions are based on the audit evldence obtained
up to the date of our auditorfs report. However. future events or conditsons may cause the tha
to cease to continue as a going concem.
Evaluate the overall presentstion. structure and content of the financial ststements. induding the
disclosures, and whether the financial ststements represent the underlylng transactions arKI
everrts in a manner that achieves fair presentation.
We communicate with those charged wrth govemance regarding. among other matters. the planned
scope and timing of the audit and svJnificant audit findings. including any significant deficiencies in
internal control that we identify during our audiL
13

Ballynafeigh Communlty Development Assoclation
Company Llmlted by Guarantse
Independent Auditorfs Report to the Members of Ballynafeigh Community
Development Association (conttnu•dJ
Year ended 31 March 2024
As explained more fully in the Trustees. Responsibilities Statement (set out on page 8). the trustee5
are responsible for the preparation of the financial statements and for being satisfied that they give a
true and fair view. Our responsibility is to audit and express an opinion on the financial statements in
accordance with applicable law and Intemational Standards on Auditing (UK). Those standards
require us to comply with the Financral Reporting Council's (FRC'S) Ethical Standard for Auditors,. in
the clrcumstances set out in note 24 to the fjnan(aal statements.
Use of our report
This report is made solely to the charitys members, as a body. in accordance with Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we might stste to the
charitvs members those matters we are required to state to them in an auditorfs report and for no
other purpose. To the fullest extent pennitted by law. we do not accept or assume responsibility to
anyone other than the charity and the charitys members as a body, for our audit v￿rk. for this report,
or for the opinions we have fomiad.
Paul Dolan FCA (Senior Statutory Auditor)
For and on behalf of
Fin8gan Gibson Ltd
Chartered accountsnts & statutory audilor
Causeway Tower
9 James Street South
Belfast
BT2 8DN
26 November 2024
14

Ballynafelgh Community Development Association
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2024
2024
Unrestricted Restricted
funds
funds Total funds Total funds
2023
Income and endowments
Donations and legacies
Charitable activities
Other income
1.351
97.915
200
1.357
534,054
200
505
546,979
116
436,139
Total income
99.472
436.139
535.611
547,600
Expendlture
Expenditure on charitable activities
Total expendlture
54,176
464.188
518.364
518,568
54.176
464,188
518,364
518.568
Net incom•
45.296
(28.049)
17.247
29,032
Transfers between funds
(5,988)
5.988
Net movement In funds
39,308
(22.061)
17.247
29,032
Roconclllatlon of funds
Total funds brought forward
Total funds carried forward
560,722
600,030
51,837
29,776
612.559
583,527
629,806
612,559
Th8 Statement of finandal activibes indudes all gains and losses recognÈsed in the year.
Ail income and expenditure dertve from (x)ntinuing activities.
The notss on pages 19 to 29 forni part of these financial statements.
15

Ballynafelgh Communlty Development Association
Company Limitsd by Guarantee
ststement of Financial Position
31 March 2024
2024
2023
Note
Flxed assets
Tangible fixed assets
14
374.285
384.442
Current assots
Debtors
Cash at bank and in hand
15
43.700
231.711
42,753
210.829
275.411
253.582
Cr•ditors: amounts falllng due wtthln one year
Net current assets
16
19,890
255.521
25,465
228,117
Total assets less current Ilabllnle8
629.806
612,559
Net assets
629,806
612,559
Funds of the charlty
Restrfcted funds
Unr8strfcted funds
29.776
600.030
51.837
560,722
Total charlty funds
629,806
612,559
Thes8 financial statements have been prepared in aw)rdance wlth the provisions applicable to
companies subject to the small companies. regime.
These flnanclal statements were approved by the board of tTUStees and authorised for Issue on 26
November 2024. and are signed on behalf of the board by:
Chris O'Halloran
Joint InterimThChairperson
Tho notos on pagm 19 to 29 forni of these flnanclal stat•monts.
16

Ballynafeigh Community Development Association
Company Llmited by Guarantse
Statement of Cash Flows
Year ended 31 March 2024
2024
2023
Cash flows from operating actlvities
Net income
17.247
29,032
Adjustments for.
Depreciation of tsngible fixed assets
Accrued expensesl(income)
13,706
1.069
14.006
{13.165)
Changes in..
Trade and other debtors
Trade and other creditors
(2.687)
(4.904)
24.431
{10,932)
(2.169)
16.772
Cash generated from operations
Net cash from operatlng activit5es
24.431
16.772
Cash flows from Inv•sting actlvltles
Purchase of tanglble assets
Proceeds from sale of tangible assets
Net cash used in Investing activtties
(4,853)
1.304
(3.549)
Net Incrnase In cash and cash equlvalents
Cash and cash equlval•nts at beglnnlng of year
Cash and cash oqulvalents at end of year
20,882
210,829
231.711
16.772
194,057
210,829
The notss on pages 19 to 29 fomi part of thw financlal statements.
17

Ballynafeigh Community Development Assoclatlon
Company Llmited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2024
Genoral Irbfornmtlon
The charity is a public benefft entty arml a private company limited by guarantee. regISte￿d in
Northem Ireland and a registered charity in Northem Ireland. The address of the registered office
is 283 Ormeau Rd, Belfast. Bf7 3GG.
Statement of compllance
These financial slatements have been prepared in compliance with FRS 102, The Financial
Reporting Standard applicable in the UK and the Republic of Ireland.. the Statement of
Recommended Practice applicable to Gharities preparing their accounts in accordan￿ with the
Financial Reporbng Standard applicable in the UK and Republic of Ireland (FRS 102) {Chartt
SORP (FRS 102)) and the Charities Act (Northern Irelarml) 2008 and Companies Act 2006.
Ballynafeigh Community Develoynent Association meets the definition of a public entity under
FRS 102.
Accountlng policies
Basls of preparatlon
The flnanclal ststem8nts have been prepared on the historical cost basls. as modified by the
revaluatlon of certain financial assets and liabilities and investment propertles measured at falr
value through income or expendlture.
The financial statements are prepared in sterling, which Is the functional currency of th8 entity.
Golng concom
There are no material un￿rtaInlIeS about the charTWs abllty to continue.
Judgements and key sources of estimatlon uncortalnty
The preparab'on of the financial statements requires management to make judgements.
estimates and assumptions that affect the amounts ￿pOrted. These estimates and judgements
are continualty reviewed and are based on experience and other factors. induding expectatK)ns
of futur8 events that a￿ believed to be reasonable under the circumstsnces.
Fund a¢countlng
Unrestricted fvnds are available for use at the discretion of the trustees to further any of the
charitys purposes.
Designated funds are unrestricled funds earmarked by the tnjstees for particular futu￿ project or
commitrnent.
Restricted funds are subjected to restrictions on their expenditu￿ declared by the donor or
through the temis of an appeal, and fall into one of two sulAasses: restricw income funds or
endowment furKIs.
18

Ballynafeigh Community Development Association
Company Limited by Guarantse
Notes to the Financial Statements (c¢￿￿￿¥U•dj
Year ended 31 March 2024
Accounting policles (conttnwd)
Incoming rosourcas
All incoming resources are induded in the statement of financial activities when entitlement has
passed to the charity: it is probable that the economic benefts associated with the transaction
will flow to the charity and the amount can be reliably measured. The ft)Ilowing speafic policies
are applied to particular (2tegories of income:
income from donations or grants is recognised when the￿ is evidence of entiuement to the
gift. receipt rs probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entluement is established.
income from donated gr￿$ is measured at the fair value of the g(x)ds unless this Is
impractical to measure reliably. in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and serwces a￿ recognised in the
accounts when receNed rf the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
Income from contracts for th8 suppty of services is recognised with the dellvery of the
contracted service. This is dassified as unrestricted funds un18SS there is a contractual
requirement for It to be spent on a particular purpose and retumed rf unspent in which case
it may be regarded as restrictsd.
Resources expended
Exp8nditur8 is recognised on an accruals basis as a liability is incurred. Expendiiure includes any
VAT which cannot be fully recovered. and is dassffied under headings of the statement of
financial activities to whlch It relales:
expenditu￿ on raising funds indudes the costs of all fundraising actNities. events,
non-charitable trading activities. and the sale of donated goods.
expendlture on charitable activiknes includes all ￿)Sts incurred by a charity In undertaklng
activities that further its charitable airns for the benefit of its beneficiaries. including those
support costs and costs relating to the governan￿ of the charity apportK>ned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its exp8nditur8 on charitable actrvities.
I costs are allocated to expendiiure categories refiecting th8 use of the resource. Direct costs
attributable to a Sing￿ activty a￿ albcated directy to that actrvity. Shared costs are apportioned
between the activities they contribute to on a reasonable. justifiable and consistent basis.
19

Ballynafeigh Community Development Association
Company Limitsd by Guarantee
Notes to the Flnancial Statsments {conthu•d)
Year ended 31 March 2024
Accountlng policies (condnue
Tanglble assets
Tangible assets are initially recorded at cost. and subsequently ststed at cost 18ss any
accurnulated dep￿ciall0n and impainnent losses. Any tangible assets carried at revalued
amounts are recordad at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impaiment losses. An increase in the
carrying amount of an asset as a result of a revaluation. is recognised in other recognised gains
and losses. unless it reverses a charge for impairment that has previously been recognised as
expenditure within the statement of financial aCtNIt￿$. A dacrease in the carrying amount of an
asset as a resutt of revaluation, is recognised in other reo)gnised gains and losses, except to
which it offsets any previous revaluation gain. in which case the loss is shown within other
recognised gains and losses on the statement of financial activities.
Dopreclatlon
Depreciation is calculated so as to wrlte off the cost or valuation of an a%seL less its resldual
value. over the useful economic ￿fe of that asset as follows:
Freehold property
Fixiures and fittings
2% straight line
15% reducing balanc8
Impalmwnt of ￿ed as￿t$
A revlew for Indlcators of impainnent is carried Olrt at each reporting date. wlth the recoverable
amount belng estimatsd wh8r8 such indi￿OrS exist. Where the carrylng value exceeds th8
recoverable amount, the asset is impaired ac￿rdInglY. Prky impairments are also revlewed for
possible reversal at each reporting date.
For the purposes of impainnent lesting. when It Is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverabla amount of the
cash-generating unit to which the asset belongs. The cash-generating unit is the smallest
td8ntifiable group of assets that includes the asset and g8nerat8s cash inflows that largely
independent of the cash inflows from other assets or groups of assets.
For impairment testing of goothwill, the goodwill acquired in a business combination is. from tha
acquisition dale, allocated to each of the cash-generating units that are expected to benefrt from
the synergies of the combination. irrespectpie of whether other assets or liabilities of the charty
are assigned to those units.
Defined contributlon plans
Contributions to defined contributK)n plans are re(x)gnised as an expense in tha period in which
tha related Servi￿ is provided. Prepaid contributions are recognised as an asset to the extent
that the prepayment will lead to a reductK)n in future payments or a cash refund.
20

Ballynafeigh Community Development Assoclatlon
Company Llmlted by Guarantse
Notes to the Financial Statsments {¢Onth￿
Year ended 31 March 2024
Accounllng pollcles (conttnfftdj
Defined contrlbutlon plans (wthwd)
When contributions are not expected to be settled wholty within 12 months of the end of the
reporting date in which the employees ￿nder the related servi￿. the liabilty is measured on a
discounted present value basis. The unwinding of the discount is recognised as an expense in
the period in which it arises.
Llmited by guarnntse
Each of the members of the company has guaranteed to contribute to the assets of the company
in the event of the same being wound up to the extent of £1.
Donatlons and legacles
Unrestricted Total Funds Unrestrlcted Totsl Funds
Funds
2024
Funds
2023
Donations
Donations
1.357
1.357
505
505
Charitable activities
Unrestricted
Funds
Restricted Totsl Funds
Funds
2024
Belfast Clty Coundl - BCDA
Department for ComMuni￿e$
Public H8alth Agency
Belfast Health & Social Care Trust
Resource Income
Summer Scheme Fees
Be￿ast City Council - Project Partner income
Groundwork Whitemountain Funding
CFNI
Income from Partnership Organisalions
Rank Foundation
28,360
1.500
13.335
134.712
60,235
64.286
35.321
163.072
61,735
77,621
35.321
25.836
500
72.292
25,836
soo
72,292
28.884
39,178
29,615
68.062
29.615
97,915
436.139
534,054
21

Ballynafelgh Community Development Association
Company Limitsd by Guarantee
Notes to the Financial Statements {conthu•dJ
Year ended 31 March 2024
Charitable actlvlties (c
Unrestricted Restricted Total Funds
Funds
Funds
2023
BeKast Cty Council - BCDA
Department for Communities
Public Health Agency
Belfast Health & Social Care Trusl
Resource Income
Summer Scheme Fees
Belfast Cty Council - Partners
Groundwork Whitemountsin Funding
CFNI
Income from Pariner5hip Organisations
Rank Foundation
47,473
136.547
66,987
53,703
38,724
184.020
66.987
61.244
38.724
15,787
300
72,148
2,930
5,000
65.839
34.000
7.541
15.787
300
72.148
2.930
5,000
35.304
34.000
30.535
101.336
445.643
546.979
Other Incom•
Unresfrricted
Funds
Reslricted Total Funds
Funds
2024
Other income
21X)
200
Unrestrlcted
Funds
Restricted Totsl Funds
Funds
2023
Other income
116
116
Expondfture on charltable activitsos by fund type
Unrestricted
FurKIs
Restricted Totsl Funds
Funds
2024
Communty development & pro[￿tion
Support costs
14.319
39.857
353.170
111.018
367,489
150,875
518,364
54.176
464.188
Unrestricted Restricted Total Funds
Funds
Funds
2023
Communty development & promotion
Support costs
8.971
50.366
358.422
100.809
367,393
151,175
59.337
459.231
518.568
22

Ballynafelgh Communlty Development Association
Company Limited by Guarantee
Notes to the Financial Ststements (conthtth
Year ended 31 March 2024
Expenditure on charitabla activibes by activity typo
Activitias
undertaken
directly Support costs
Total funds
2024
Total fund
2023
Community development & promot#)n
Govemance costs
367.489
137.620
13,255
150.875
505.109
13.255
505,045
13,523
367.489
518,364
518.568
10. Anatysis of support costs
Analysis of
support costs Total 2024 Totsl 2023
Stsff costs
Premises
Communtcations and IT
General office
Governance costs
97,894
11.685
4,567
23,474
13.255
97,894
11.685
4,567
23.474
13,255
150.875
100.809
11,347
5,520
19,976
13,523
150.875
151,175
11. Net income
Net Income is stated after chargingl(uedTbng):
2024
2023
Depreciation of tangible fixed assets
F88s payable for the audii of the financial ststem8nts
13.706
8,765
14.006
8,336
12. Staff costs
The total staff costs and employee benefits for the rewling period are analysed as follows:
2024
2023
Wages and salaries
Social security costs
Employer contributions to pension plans
232.399
10.488
12.072
221.019
13.873
14,166
249,058
254.959
The average head count of employees during the year was 10 (2023: 10). The average number
of full-time equivalent employees during the year is analysed as follows".
2024
2023
Permanent employees
10
10
No employee re￿r￿ed emptyee benefits of more than £60.OCK) during the year (2023: Nil).
23

Ballynafeigh Community Development Association
Company Llmited by Guarantee
Notes to the Financial Statements (eontthuodj
Year ended 31 March 2024
12. Staff costs (conllnu6d)
Key Management Personnel
Key management personnel indud8 all persons that have authorty and responsibilty for
planning, directing and controlling the activitFes of the charity. The total compensation paid to key
management Personnel for services provided to the charity was £50.013 (2023: £49,432).
13. Trustee remuneration and •xpenses
The charity trustees were not pad or recewed any other benefits from employment with the
Charity in the year (2023: £Nil)- The trustees were not reimbursed travel expenses during the
year (2023: £Nil). No charity twstee received payment for professional or other services supplied
to the charity (2023: £Nil).
14. Tangible fixed assets
Freehold Fixtures and
property
ffttings
Total
Cost
At 1 April 2023
Additions
Disposals
At 31 March 2024
423,218
70.033
4.853
{2.630)
72.256
493.251
4.853
(2,630)
495.474
423,218
Depreclatlon
At 1 Aprll 2023
CharJr e for the year
Disposals
At 31 March 2024
68,191
40,618
5,242
(1.326)
44.534
108.809
13.706
(1.326)
121,189
76.655
Carylng amount
At 31 March 2024
346.563
27,722
374,285
At 31 March 2023
355.027
29.415
384.442
1 S. Debtors
2024
2023
Trade debtors
Prepayments and accrued income
19,589
24,111
43,700
18,146
24,607
42.753
24

Ballynafeigh Community Development Association
Company Limlted by Guarantee
Notes to the Financlal Statements (Con0n￿l)
Year ended 31 March 2024
16. Creditors: amounts falllng due wtthln on• year
2024
2023
Trade creditors
Accruals and deferred income
Social security and other taxes
5.576
10.004
4.310
7,657
10.675
7.133
19,890
25,465
17. Ponsions and other post retlrement benefits
Defined contrlbullon plans
The amount recognised in income or expendlture as an expense in relation tt) defined
contribution plans was £12.072 {2023: £14,166).
18. Anatysis of charitable fvnds
Unrnstrlcted funds
At
31 March 202
1 Aprll 2023
Income Exp8nditur8
Transfers
General funds
Revaluation Reserrfe
Front Door Project
382,701
63.266
114.755
99.472
(51.626)
(5,988)
424,559
63.266
112,205
600,030
(2.550)
(54.176)
560.722
99.472
(5,988)
At
31 March 202
1 April 2022
Income Expenditure
Transfers
General funds
Revaluation Reserve
Front Door Project
346,345
63.266
117.305
101.841
(56.787)
(8.698)
382,701
63,266
114,755
(2.550)
(59,337)
526.916
101.841
(8.698)
560,722
The expenditure relating to the Front Door Project of £2,550 relates to depreciation of a capital
asseL The remaining balance represents the assefs net book value.
25

Ballynafeigh Communlty Development Association
Company Limlted by Guarantee
Notes to the Flnancial Statements (et)ntht
Year ended 31 March 2024
18. Analysls of charitable funds {condnw
Restrlcted funds
At
J1 March 202
1 April 2023
Income Expenditur8
Transfers
CresGent 3 year old
programme
Advice Development
Community
Community Investmenl
Fund {DFC)
Shared Neighbourhood
Health and Wellbeing
Mind health life coaching
Volunteer Development
Youth Club
Senlors Progr8mme
Covkl Community
Support
Groundwork Apha
Outside Building
Refurbishments
Communlcatlons Rank
Foundatlon
Belfast Cty of Sanctuary
Summer Scheme
1.700
(5.840)
4.140
4.028
197.293
(203,131)
1,810
7,243
9.250
60.235
7.211
64,286
35,321
(63.120)
(14.474)
(71.172)
(35.338)
(9.000)
4,358
1.987
17
9.000
15.430
29.615
37.478
(27.358)
(31,734)
(3.021)
(464,188)
17,687
5.744
21
51.837
436.139
5,988
29.776
31 March 202
1 *)rll 2022
In(x)me Exp8nditure
Transfers
Crescent 3 year old
programme
Advice Development
Communty
Communty Inv8Stment
Fund (DFC)
Shared Neighbourhood
Health and Wellbeing
1,700
(6,723)
5.023
194.852
(190.824)
4.028
5.786
13.236
13.115
66.987
11,964
53.703
(65,530)
{15,950)
(59,932)
7.243
9.250
6,886
26

Ballynafeigh Communlty Development Assoclatlon
Company Limited by Guarantee
Notes to the Financial Statements (¢ontht*d)
Year ended 31 March 2024
18. Anatysls of charitable funds {GonUnu•
Mind health lrfe coaching
Volunteer Development
Youth Club
Seniors Programme
Comd Communty
Support
Groundwork Alpha
Outside Building
Refurbishments
Communications Rank
Foundation
Belfast Cty of Sanctuary
Summer Scheme
3.136
38.724
(41.860)
9,000
902
410
(902)
(410)
1.096
2,930
(9.937)
(4.430}
1,500
3.026
6.200
(9.226)
(18,570)
(34,937)
15.430
33.603
1.334
56.611
445,759
(459.231)
8,698
51,837
19. Anatysls of net assets ￿twO•n funds
Unreslrfcted Restricted Total Funds
Funds
Funds
2024
Tangible r￿ed assets
Current assets
Cr8ditors less than 1 year
Not assets
374,285
252.459
(19.890)
374.285
275.411
(19.890)
629,806
22,952
22.952
Unrestricted Restricted Total Funds
Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
384.442
201,745
{25.465)
560.722
384,442
253,582
(25.465)
612.559
51,837
51,837
20. Corporation laxatlon
The Charitys actswtss fall within the exemptions afftKded by the provisions of the Income and
Corporation Taxes Act 1988. Accordingly. the￿ is no taxation charge in these accounts. The
Company is a registered charity. and as such ts entitled to tax exemptions on income and proffts
in furtherance of the charitys primary objectives.
27

Ballynafeigh Communlty Development Association
Company Limlted by Guarantee
Notes to the Flnancial Statements (¢onthwd)
Year ended 31 March 2024
21. Analysls of changes in net debt
At
At 1 Apr 2023 Cash flows 31 Mar 2024
Cash at bank and in hand
210.829
20.882
231,711
22. Conting•ncles
A contingent liabilty exists to ￿paY grants and Trust monies received should certain conditions
not be fvifilled by the charity. In the opinion of the Trustees. the tern￿ of the Letters of Offers
have been. or will be. complied wilh and no liability is expected.
23. Relatsd partles
In the 202312024 year. there were Pa￿nents to an IT company of £48 per month for web hostlng
and malntenance in which a board member is the director.
24. Ethlcal standards
In common with many other Ixtsinesses of our size and nature we use our audttors to prepare
and submit returns to the lax authorities and assist wlth the preparation of th8 financlal
statements.
28

Ballynafeigh Communlty Development Associatlon
Company Limited by Guarantee
Management Infonnation
Year ended 31 March 2024
The followlng pages do not ft>mi part of the flnanclal statements.
29

Ballynafeigh Community Development Association
Company Llmlted by Guarantee
Detailed Statement of Financial Actlvlties
Year ended 31 March 2024
2024
2023
Income and endowments
Donatlons and 16gacles
Donations
1.357
Charltable activltles
Be￿ast Cty Council - BCDA
Department for Communiti'es
Public Health Agency
Beffast Health & Social Care Trust
Resource Income
Summer Scheme Fees
Belfast City Council - Project Partner income
Groundwork Whltemountain Funding
CFNI
Income frorn Parthership Organisations
Rank Foundation
163.072
61.735
77,621
35.321
25,836
500
72.292
184.020
66,987
61,244
38.724
15.787
300
72.148
2.930
5.000
65,839
34.000
68.062
29.615
534,054
546,979
other Income
Other inwme
200
116
Total income
535,611
547,600
30

Legal Services
Belfast
City Council
Our Ref.. 1 CNJ09692 CPB
Your Ref:
27th November 2024
Ballynafeigh Community Development Association
283 Ormeau Road
Belfast
BT7 3GG
Dear Sirs
Re: Partnership Agreement with Belfast City Council- Generalist advice funding
October 2025- March 2025
I refer to the above named matter and confimi that I have been asked to draft the formal
partnership agreement on behalf of the Council and now endose same herewith in duplicate
for your attention.
I would kindly ask that you arrange to have the agreements signed by a director of the
company where indicated. Please note that the directorfs signature should be witnessed by
an independent person who should also sign, as well as print their name, address and
occupation where indicated. I would also ask that you arrange to have the agreements
executed by the delivery partners as indicated at Annex B.
Once you have done this I would kindly ask that you arrange to have the agreements returned
to me at Belfast City Council, Legal Services Department, 9 Adelaide Street, Belfast, BT2 8DJ
so that I might arrange sealing on behalf of the Council.
I trust this to be in order. Should you have any queries please do not hesitate to contact me
on 028 90 320202 ext 6048.
Yours Faithfully
qe f a,&1
Conor Bayne
Solicitor
CB
Encs
Belfast City Council, Legal and Civic Services Department
City Hall, Belfast BT15GS
Tel: 028 9032 0202 Textphone: 028 9027 0405
Dx No.: 383 NR Belfast
Email: legalserrfices@belfastcity.gov.uk
Lexcel
www.belfastcity.gov.uk

Ballynafeigh Community Development Assoclatlon
Company Limited by Guarantee
Notes to the Detailed Ststement of Financial Activities
Year ended 31 March 2024
2024
2023
Expendlture on charitable activities
Communlty development & promotlon
Activities undertaken direcrfy
Equipment & consumables
Salaries & wag8S
Employevs NIC
Pension costs
Casual Wages
Water rates
Light & heat
Repairs & mainterkqnce
Insurance
Subscriptions & licenses
staff travel
Telephone
Advertising & marketing
staff training
Programme costs
Payment to partner organisatk)ns-BCC
Payment to other organisations- Olher
Intemet & IT
Printing. postage & stationary
Repayment of grants
Bad debt
1.672
141.763
5,139
10.163
936
134,822
6,798
6,629
28.617
1,306
11.678
14.801
9.214
4.677
1,063
2,157
505
1.373
65,793
72,148
10,114
5,220
8.340
5.521
1.277
3.046
1,379
1,316
77,565
72.292
3.000
1,521
1,883
15,291
121
3,362
1,514
367.489
367,393
Support costs
Salari8s & wages
Employerfs NIC
Pension costs
Water rates
Light & h8at
Repairs & maintsnance
Telephone
Depreciation
Loss on disposal of asset
Intemet & IT
Printing, postsge & stationary
Cl8aning
Hospitalty
90,636
5,349
1.909
371
4.334
6.980
3,046
13.706
86,197
7.075
7,537
5,005
6,343
2.158
14,006
1,521
807
7,222
435
3.362
649
5.107
213
137.620
137.652
31

Ballynafeigh Community Development Association
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities (¢oAdnu•
Year ended 31 March 2024
2024
2023
Govemance costs
Govemance costs - accountancy fees
Audit and accountsnGy fees
Govemance (x)sts - legal and other professional fees
Bank charges
1.899
8.765
2.063
528
1,718
8.336
3.061
408
13,255
13.523
Expenditur• on charitable actmties
518,364
518,568
Net income
17.247
29.032
32