BALLYHORNAN AND DISTRICT COMMUNITY ASSOCIATION
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
307 SEPTEMBER 2025
Company Registration Number: NI056389
Charity Registration Number: NIC 102351
EAMONN P McGRADY & CO Chartered Accountants & Registered Auditors 4-6 Market Lane DOWNPATRICK Co Down BT30 6TH
Tel: 028 4461 4340 Email: eamonnmcgrady@yahoo.com
BALLYHORNAN AND DISTRICT COMMUNITY ASSOCIATION
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
307 SEPTEMBER 2025
CONTENTS
| PAGE | |
|---|---|
| Company Information | 2 |
| Reportofthe Directors | 3 |
| Independent Examiners Report | 4 |
| Statement ofFinancial Activities | 5 |
| Statement ofFinancial Position | 6 |
| NotestotheFinancialStatements | 7-10 |
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BALLYHORNAN AND DISTRICT COMMUNITY ASSOCIATION
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30T SEPTEMBER 2025
COMPANY INFORMATION
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||||||
|---|---|---|---|---|
|DIRECTORS:|Mrs|Patricia Curran|Chairperson|
|Mr Noel|Curran|
|Mr Brendan|Reilly|
|Mr Alfie|Teggart|
|Mr Conor Polly|(Resigned|13"|October 2025)|
|SECRETARY:|Mrs|Kelly|Hanna|
|REGISTERED|OFFICE:|15|Rourkes|Link|
|Bishopscourt|
|Ballyhornan|
|DOWNPATRICK|
|Co|Down|
|BT30 7DQ|
|COMPANY|REGISTRATION|NO:|NI056389|
|AUDITORS:|Eamonn P McGrady & Co|
|Chartered|Accountants|&|
|Registered Auditors|
|4-6|Market|Lane|
|DOWNPATRICK|
|Co|Down|
|BT30|6TH|
|BANKERS:|Ulster Bank|
|Market|Street|
|DOWNPATRICK|
|Co|Down|
|NI CHARITY NUMBER:|NIC|102351|
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DATE OF CHARITY REGISTRATION: 24" April 2017
~~
BALLYHORNAN AND DISTRICT COMMUNITY ASSOCIATION
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 307 SEPTEMBER 2025
- DIRECTORS REPORT-
The Committee presents its Report and Financial Statements for the year to 30" September 2025.
PRINCIPAL ACTIVITIES
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 deficit of expenditure over income for the year was £12,345 (2024 deficit £23,441). The Committee is satisfied with the progress made in the year.
DIRECTORS
The Directors who served during the year were as follows: Mrs Patricia Curran Mr Noel Curran Mr Brendan Reilly Mr Alfie Teggart Mr Conor Polly (Resigned 13" October 2025)
ACCOUNTING STANDARDS
The Committee is of the view that appropriate accounting and financial reporting standards have been followed in the preparation of the Financial Statements.
ACCOUNTANTS
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
Ueda cie.. Couena, MRS PATRICIA CURRAN CHAIRPERSON
Se DATE
ra
BALLYHORNAN AND DISTRICT COMMUNITY ASSOCIATION INDEPENDENT EXAMINERS REPORT FOR THE YEAR ENDED 30'4 SEPTEMBER 2025
Independent Examiner’s Report to the Trustees of Ballyhornan and District Community Association.
Eamonn P McGrady & Co report on the accounts of the Ballyhornan and District Community Association. for the year ended 30" September 2025, which are set out on page 5 to 10.
Respective responsibilities of charity trustees and examiner
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (NI) 2008.
It is the responsibility of Eamonn P McGrady & Co to:
-
examine the accounts 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 matters have come to our attention
Basis of independent examiner’s statement
Eamonn P McGrady & Co have examined your charity accounts as required under section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charity Commission NI under section 65(9) (b) of the Charities Act.
Our 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 seeking explanations from you as charity trustees concerning any such matters.
The role of Eamonn P McGrady & Co is to state whether any material matters have come to our attention giving cause to believe:
-
that accounting records were not kept in accordance with section 62 of the Charities Act
-
that the accounts do not accord with those accounting records
-
that the accounts do not comply with the accounting requirements of the Charities Act
-
that there is further information needed for a proper understanding of the accounts to be reached
Independent examiner’s statement
Eamonn P McGrady & Co have completed an examination and have no concerns in respect of the matters 1 to 4 listed above and, in connection with following the Directions of the Charity a NI have no matters that require to be drawn to your attention. Eamonnaie a P McGraily & Co __Date allen Chartered Accountants & Registered Auditors 4-6 Market Lane DOWNPATRICK Co Down BT30 6TH
-4—
BALLYHORNAN AND DISTRICT COMMUNITY ASSOCIATION
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED
307™! SEPTEMBER 2025
| Notes | 2025 | 2024 | |||
|---|---|---|---|---|---|
| Unrestricted | — Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| £ | £ | £ | £ | ||
| INCOME | 3(b) | 67,726 | 57,480 | 125,206 | 111,347 |
| Direct Cost ofActivities | - | 57,480 | 57,480 | 40,944 | |
| 67,726 | - | 67,726 | 70,403 | ||
| Administrative Expenses | 80,081 | - | 80,081 | 93,877 | |
| OPERATING (DEFICIT) | (12,355) | - | (12,355) | (23,474) | |
| Interest Received & Similar | |||||
| Income | 4 | 10 | - | 10 | 33 |
| (Deficit) on Ordinary Activities | |||||
| forthe year | (12,345) | - | (12,345) | (23,441) | |
| Balance Brought Forward | 314,536 | - | 314,536 | 337.977 | |
| BalanceCarriedForward | 302,191 | - | 302,191 | 314,536 |
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BALLYHORNAN AND DISTRICT COMMUNITY ASSOCIATION
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STATEMENT OF FINANCIAL POSITION - 3074! SEPTEMBER 2025
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| 2025 | 2024 | ||
|---|---|---|---|
| Notes | z | £ | |
| FIXED ASSETS | |||
| Tangible Assets | i | 333,046 | 348,456 |
| CURRENT ASSETS | |||
| OtherDebtors | 8 | 972 | 1,211 |
| Bank | 5.498 | 6.650 | |
| 6,470 | 7,861 | ||
| CURRENT LIABILITIES | |||
| Amounts falling due within one year | 9 | (6,813) | (8,173) |
| NETCURRENT ASSETS((LIABILITIES) | (343) | (312) | |
| TOTALASSETSLESSCURRENT | LIABILITIES | 332,703 | 348,144 |
| LONG TERM LIABILITIES | |||
| Amounts falling due after | |||
| more than one year | 10 | (30,512) | (33,608) |
| NETASSETS | 302,191 | 314,536 | |
| CAPITAL AND RESERVES | |||
| Reserves | 11 | 302,191 | 314,536 |
| 302,191 | 314,536 |
For the financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
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AoA ca yn Oe Ls \s\e4
MR NOEL CURRAN DATE
APPROVED ON BEHALF OF
THE BOARD
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a =
BALLYHORNAN AND DISTRICT COMMUNITY ASSOCIATION
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30° SEPTEMBER 2025
NOTES TO THE ACCOUNTS
q
GENERAL INFORMATION
The company is a private company limited by guarantee, registered in Northern Ireland. It is a Registered Charity.
2. STATEMENT OF COMPLIANCE
The Financial Statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (Charities SORP FRS102).
- 3
ACCOUNTING POLICIES
(a) BASIS OF ACCOUNTING
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) INCOME
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Income consists of donations, grants and other amounts arising from the organisation's ordinary activities.
= 4
BALLYHORNAN AND DISTRICT COMMUNITY ASSOCIATION
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
307! SEPTEMBER 2025
(c) DEPRECIATION
Depreciation is calculated to write off the cost of fixed assets over their anticipated useful lives.
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||||||||
|---|---|---|---|---|---|---|
|Land &|Buildings|2%|(straight|line)|
|Fixtures|&|Equipment|20%|(reducing|balance)|
|2025|2024|
|e|£|
|4|Other|Interest|Receivable|&|
|Similar|Income|
|Interest|Received|10|33|
|5|__10|—33|
|Interest|Payable &|Similar|Charges|
|Bank|Charges|&|Interest|514|397|
|Loan|Interest|3,054|3,368|
|3,568|3,765|
|6|Employees &|Pensions|
|Average|number|of people|employed|by|
|the|Company|during|the|year|Number|of Employees|
|2025|2024|
|Administration|1|1|
|Other|Staff|10°|_|
|11|4|
|Cost|incurred|in respect|of these|employees:|
|Wages &|Salaries|42,100|38,905|
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-8-
BALLYHORNAN AND DISTRICT COMMUNITY ASSOCIATION
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30!” SEPTEMBER 2025
| 7 | TANGIBLE FIXED ASSETS | LAND & | FIXTURES & | |
|---|---|---|---|---|
| BUILDINGS | EQUIPMENT | TOTAL | ||
| Cost | £ | £ | £ | |
| At StartofYear | 717,351 | 113,741 | 831,092 | |
| Additions | - | 5,363 | 5,363 | |
| Disposals | : | 7 | _— | |
| AtEndofYear | 717,351 | 119,104 | 836.455 | |
| Depreciation | ||||
| At StartofYear | 395,660 | 86,976 | 482,636 | |
| Eliminated onDisposal | - | - | - | |
| Provision forYear | 14,347 | 6,426 | 20,773 | |
| 410,007 | 93.402 | 503,409 | ||
| Balance Sheet Value | ||||
| At30"September2025 At30"September 2024 |
307,344 321,691 |
25,702 26,765 |
333,046 348.456 |
|
| 8 | OTHERDEBTORS | 2025 | 2024 | |
| £ | £ | |||
| VATReclaimable | 972 | 1,211 | ||
| Other Debtor | = | = | ||
| _3iZ | 1211 | |||
| 9 | CURRENT LIABILITIES | 2025 | 2024 | |
| £ | £ | |||
| HMRCPAYE | 498 | 590 | ||
| Creditors& Accruals | 3,715 | 5,983 | ||
| LoanAccount | 2.600 | 1,600 | ||
| 6,813 | 8,173 | |||
| 2025 | 2024 | |||
| 10 | LONGTERMLIABILITIES | £ | £ | |
| LoanAccount | 30,512 | 33,608 | ||
| 30,512 | 33,608 |
-9_
11
12 CONTINGENT LIABILITIES
BALLYHORNAN AND DISTRICT COMMUNITY ASSOCIATION
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 307 SEPTEMBER 2025
| RESERVES | 2025 £ |
2024 £ |
|---|---|---|
| Balance at StartofYear | 314,536 | 337,977 |
| (Deficit) fortheYear | (12,345) | (23,441) |
| 302,191 | 314,536 |
In certain circumstances, it is possible that grants would become repayable. No such circumstances arose at 30" September 2025 nor have they arisen up to date of approval of the Report and Financial Statements. There were no other commitments or contingencies at the 30" September 2025.
13 RESTRICTED AND UNRESTRICTED INCOME
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| RestrictedFunds | 57,480 | 40,944 |
| Unrestricted Funds | 67,726 | 70,403 |
| 125,206 | 111,347 |
-10—
THE NOTES WHICH FOLLOW DO NOT
FORM PART OF THESE ACCOUNTS AND MAY BE REMOVED BY THE COMMITTEE BEFORE THE ACCOUNTS ARE ISSUED TO OTHER PARTIES.
|
BALLYHORNAN AND DISTRICT COMMUNITY ASSOCIATION INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30'™ SEPTEMBER 2025
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|||||||||
|---|---|---|---|---|---|---|---|
|2025|2024|
|INCOME|£|£|£|
|DFC|-|9,444|
|The|Halifax|Foundation|3,000|-|
|Newry|Mourne|and|Down|District|Council|6,742|1,255|
|BBC|Children|In Need|30,000|15,000|
|Developing Healthy|Communities|2,468|820|
|Education|Authority|2,400|6,275|
|County|Down|Rural|Community|Network|2,900|-|
|Main Grants — National|Lottery|9,970|8,150|
|57,480|40,944|
|Sponsorship|Boards|380|-|
|Interest|Received|10|33|
|Hire|of|[Facilities]|51,526|-|
|Other|Income|15,820|70,403|
|TOTAL INCOME|125,216|111,380|
|LESS|EXPENSES|
|Grants|Paid|back|to|Education|Authority|1]|800|
|Fundraising|Costs|5,028|53|
|Wages|41,020|37,484|
|Casual|Wages|—|Parties|1,080|1,421|
|Tuck|Shop|Purchases &|Food|4,360|5,259|
|Entertainment &|Activities|7,984|9,186|
|Play|&|Educational|Equipment|2,568|-|
|Computer|Expenses|158|66|
|Motor &|Transport|Costs|1,825|1,118|
|Pitch|Repairs|318|3,932|
|Insurance|5,017|4,553|
|Advertising,|Postage &|Stationery|1,843|2,572|
|Professional|Fees|5,766|1,407|
|Accountancy|3,535|4,592|
|Rent &|Rates|3,313|2,806|
|Hire|of Equipment|84|1,756|
|Repairs|9,150|16,441|
|Storage|Containers|152|-|
|Telephone|2,079|730|
|Heat &|Light|9,498|8,997|
|Tiny|Toons|Expense|-|597|
|Training|42|145|
|Loan|Interest|3,054|3,368|
|Bank|Charges &|Interest|514|397|
|General|Expenses|757|3,292|
|Subscriptions &|Membership|255|-|
|Website|Costs|1,500|3,639|
|Gain|on|Disposal|-|(828)|
|Decorations|5,358|-|
|Sponsorship &|Donations|215|-|
|Christmas|Dinner|304|-|
|Depreciation|20.773|21,038|
|137,561|134,821|
|(DEFICIT) FOR THE YEAR|(12,345)|(23,441)|
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