BALLYHORNAN AND DISTRI COMMUNITY ASSOCIATION REPORT AI¥D FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEFTEMBER 2023 CONTENTS PAGE Company Inforniation Report Of The Directors Independent Examiners ReEK)rt Statement of Financial Activities Statement of Financial Position Notes To The Financial Statements 7-10
BALLYHORNAN AND DISTRICT COMMUNfTY ASSOCIATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023 Company Registration Number. N1056389 Charity Registration Number IYIC 102351 EAMONN P MCGRADY & CO Chartered Accountants & Registered Auditors 2 la Market Strcet DOWNPATRICK Co Down BT30 6LP Tel: 028 44614340 Email: eamonnmcgrady@yahoo.com
BALLYHORNIIN AND DISTIUCT COMMUNITY ASSOCIATION REPORT AI¥D FINANCIAL STATEMENTS FOR THE YEAR ENDED TH 30 SEPTEMBER 2023 COMPANY INFORMATION DIRECTORS: Mrs Patricia Curran Mr Noel Curran Mr Brendan Reilly Mr Alfie Teggart SECRETARY: Mrs Kelly Hanna (Apwinted I. November 2022) REGISIERED OFFICE: 15 Rourkes Link Bishopscourt Ballyhoman DOWNPATRICK Co Down BT30 7DQ COMPANY REGISTRATION NO: N1056389 AUDITORS: Eamonn P McGrady & Co chartff Accountants & Registered Auditors 21 a Market Street DOWNPATRICK Co Down BT30 6LP BANKERS: Market Street DOWNPATRICK Co Down NI CHARITY NUMBER: NIC 102351 DATE OF CHARITY REGISTRATION: 24" April 2017
BALLYHORNAN AJ¥D DISTIUCT com[uNITy ASSOCIATION REPORT Al FINANCIAL STATEMEwrs FOR THE YEAR ENDED 30TH SEYTEMBER 2023 . DIREoRs REPORT. The Committee presents its Report and Financial Statements for the year to 30 September 2023. The principal activity of the organisation is to provide and manage a community centre facilitating a sports hall, meeting rooms and a 4G floodlit football pitch. EVENTS SINCE THE END OF THE PERIOD There have been no events since the Balance Sheet date necessitating any revision of the Financial Statements. REVIEW OF RESULTS The SUTplus of income over expenditure for the year was £12,365 (2022 sU]uS £1,894). The Con]mittee is satisfied with the progress made in the year. DIREcfoRS The Directors who served during the year were as follows: Mrs Patricia Curran Mr Noel Curran Mr Brendan Reilly Mr Alfie Teggart AccouwfING STA]YDARDS The Committee is of the view that appropriate accounting and fmancial reporting standards have been followed in the preparation of the Financial Statements. AccouNfAiYrs Eamonn P McGrady & Co have expressed their willingness to continue in office as Accountants and a resolution for their re-appointment will be proposed at the next annual general meeting. By Order of the Committee )ARS PATRICIA CURRAN CHAlllPERSON DAIE
BALLYHORNAN AND DISTRIcf COMMUNITY ASSOCIATION INDEPENDENf EXAttNERs REPORT FOR THE YEAR EIYDED 30TH SEPTEMBER 2023 Independent Examiner's Report to the Trnstees of Ballyhornan and District Community Association. Eamonn P McGTady & Co report on the accounts of the Ballyhornan and District Community Association. for the year ended 30th September 2023. which s¢t out on page 5 to l O. Respectiye responsibilities of cbarity trustees and examiner As the charity's trustees you are reSw)Elb]e for the preparation of the accounts in accordance with the Charities Act (Nl) 2008. It is the resp)nsibility of Eamonn P McGrady & Co to: examine the COUnts under section 65 of the Charities Act follow the procedures laid down in the general directions given by the Charity Commission under section 65(9) (b) of the Charities Act. state whether particular malters have corne to ow attention Basis of independeDt examiner's statement Eamonn P McG12dy & Co have examined your charity accounts as wuired under section 65 of the Charities Act and our examination was carried out in accordance with the general DiTtionS given by the Charity Commission Nl under section 65(9) Ib) of the Charities ACL OUT examination included a review of the CoUnting records kept by the charity and a comparison of the accounts presented with those records. It also Tncluded consideration of any unusual items or disclosuTes in the accounts, and seeking explanations from you as charity tsustees concerning any such matteTS. Th¢ role of Eamonn P McGrady & Co is to state whether any materiaI matteT5 have come to our attention giving cause to believe". l. that accounting reco1 were not kept in accordance with section 62 of the Charities Act 2. that the accounts do not accord with those accounting records 3. that the accounts do not comply with the accounting requirements of the Charities Act 4. that there is further infonnation needed for a prOr understanding of the accounts to be reached Independent examiner's statement Eamonn P McGrady & Co have completed an examination and have no concen]s in respect of the rnatte I to 4 listed above and, in connection with following the Directions of the Charity Commission Nl have no matters that requi to be drawn to your attention. t* Eamonn P Mc rady & Co Chartered Accountants & Registered Auditors ? l a Market Street DOWNPATRICK Co Down BT30 6LP
BALLYHORNAN AND DIsTlU COMMUNITY ASSOCIATION REPORT AIW FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEIryEMBER 2023 Notes 2023 Total Funds 2022 Unrestricted R¢stricted Funds Funds Total Funds INCOME 3 Ib) 99.903 16,787 116.690 77.768 Direct Cost of Activities 99.903 99.903 53,037 Administrative Expenses OPERATING SURPLUS 12J56 12J56 1.893 Interest Received & Similar Income Surplusl(Deficit) on Ordinary Activities for the year 12.365 12.365 1,894 Balance Brought Forward 325 612 325 612 323 718 Balance Carried Forward
BALLYHORNAN AND DISTIUCT COMfvtUMTY ASSOCIATION STATEMEwf OF FINANCIAL posrrIoN - 30TH SEPTEMBER 2023 2023 2022 Notes FIXED ASSETS Tangible Assets 354,388 355,994 CURRENT ASSETS Other Debtors Bank 3,036 1,104 24,429 11,053 CURRENT LIABILITIES Amounts falling due within one year 5.100 NET CURRENT ASSETS/(LIABILrrIES) TOTAL ASSETS LESS CURRENT LIABILITIES 373,717 359,056 LONG TERM LIABILITIES Amounts falling due after more than one year 10 NET _4SSETS CAPITAL AND RESERVES Reserves 11 337 977 325 612 rtrlR NOEL CURRAN APPROVED ON BEHALF OF THE BOARD DATE
BALLYHORNAN AND DISTRIcf COMMUNITY ASSOCIATION REPORT AND FINANCIAL STATEMENrs FOR THE YEAR ENDED 30- SEPTEMBER 2023 NOTES TO THE ACCOUNTS GEIYERAL INFORMATION The company is a private company limited by guarantee, registered in Northern Ireland. STATEMENT OF COMPLIANCE The Financial Statements have been prepared in accordance with the provisions of Section IA (Small Entities) of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" (Charities SORP FRS102). ACCOUNTING POLICIES (a) BASIS OF AccouwfING The Financial Statements have been prepared in accordance with the historical cost convention. The financial statements are prepared in sterling, which is the functional currency of the organistation. (b) TrICOME Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services renderf net of discounts and Value Added Tax. Income consists of donations, grants and other amounts arising from the organisation's ordinary activities.
BALLYHORNAN AND DISTIUCT COMMUNITY ASSOCIATION REPORT AIYD FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023 (c) DEPRECIATION Depreciation is calculated to write off the cost of fixed assets over their anticipat useful lives. Land & Buildings Fixtures & Equipment 2 % (straight line) 21P/o (reducing balance) 2023 2022 Other Interest Receivable & Similar Income Interest Received Interest Payable & Similar Charges Bank Charges & Interest Loan Interest 396 739 Employees & Pensions Average number of people employed by the Company during the year Number of Employees 2023 2022 Administration Project Development Cost incurred in respect of these employees: Wages & Salaries
BALLYHORNAN AND DISTIUCT COMMUNITY ASSOCIATIOIY REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30- SEvfEMBER 2023 TANGIBLE FIXED ASSETS LAND & FIXTURES & BUILDINGS EQUIPMENT TOTAL Cost At Start of Year Additions DIS}saIS At End of Year 717,351 81,685 17,328 799,036 17,328 717351 Depreciation At Start of Year Eliminated on Disposal Provision for Year 366,966 76,076 443,042 381313 461 976 Balance Sheet Value At 30 September 2023 At 30 September 2022 OTHER DEBTORS 2023 2022 VAT Reclaimable Other Debtor 3,036 1.104 2023 2022 1,776 HMRC PAYE 350 4,150 600 Creditors & Accruals Loan Account 2.615 2023 2022 10 LONG TERM LIABILTTIES Loan Account
BALLYHORNAN AIYD DISTRI COMMUNITY ASSOCIATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023 11 RESERVES 2023 2022 Balance at Start of Year Surplus for the Year 325.612 323.718 12 COIYTINGENT LIABILrrIES In certain circumstances, it is p)ssible that grants would become repayable. 13 OTHER IYOTES During the year, the Company benefitted from donation to the tune of £3.120 from Tiny Toons Community Playgroup Lt¢ another local charity with two common directors. Tiny Toons Community Playgroup Ltd ce&sed operations during the year and the net proceeds of the sale of its, property was £43,649, which was also donated to Ballyhornan & District Community Associated Ltd. 10-
THE NOTES WHICH FOLLOW DO NOT FORM PART OF THESE ACCOUNTS AND MAY BE REMOVED BY THE Comtr[TEE BEFORE THE AccouNfs ARE ISSUED TO OTHER PARTIES.
BALLYHORNAN AND DISTRICT COMMUNITY ASSOCIATION REPORT AIW FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEpfEMBER 2023 2023 2022 COME DAERA DFC Th¢ Halifax Foundation HMRC Jobs Retention Scheme Newry Mourne and Down District Council The Ireland Fund Action on Substance Abuse Education Authority County Down Rural Community Netwo KNIB Small Grant SEHSCT 1.433 776 1700 159 7,026 4,216 500 10.020 2,650 160 10,868 iio 16.787 24,731 Donation Interest Received 46,769 4,750 50 Rental Inwme Hire of Facilities & Other Income TOTAL INCOME 116,69) 77,769 LESS EXPENSES Grants Paid back to Education Authority Fundraising Costs & Donations Wages Tuck Shop Purch&ses & Fo(xl Entertainment & Activities Play & Educational Equipment Motor & Transport Costs Pitch Repairs Insurance Advertisin& Postage & Stationery Professional Fees A¢¢ountancy Rent & Rates Hire of Equipment Repairs Storage Containers Telephone Heat & Light Tiny Toons Expense Uniforn]s Training Loan Interest Bank Charges & Interest General Expenses Subscriptions & Licences Depreciation 7,185 428 23,913 804 2,911 649 508 2.340 5,147 1.741 1.812 3,871 3,810 507 14,582 286 962 9.376 780 300 22.792 2,116 1,391 2,893 280 4,917 1,718 3,015 1,559 9,051 744 4,899 150 60 2,076 739 1,133 263 2,896 396 517 (30) 104325 SURPLUS FOR THE YEAR