Charity Number= NIC102439 Bannside Community Group Annual Report and Unaudited Financial Statements for the financial year ended 31 December 2023
Bannside Community Group CONTENTS Page Reference and Administrative Information Trustees, Report Statement of Trustees, Responsibilities Independent Examinerfs Report Statement of Financial Aclivities Balance Sheet Accounting Policies Notes lo the Financial Statements 10-11 Supplementary Information relating to Ihe Financial Statements 13
Bannside Community Group REFERENCE AND ADMINISTRATIVE INFORMATION Trustees Mary Fearon Mary Tennyson Roisin Dunbar Sandra Keeley Irene Hamill Gabrielle Baird Gloria Anderson Catherine Mccoo Joanne Giryan Ann Ounbar Siobhan Hamill Philomena Gallagher Helena Stuart Lilly Mcconville Siobhan Girvan Anna Kelty Janette Mccanney Ila Hendron Rila Morgan Carol Litter Eleanor Cornett Charity Number in Northern Irekind NIC102439 Principal Address 20-29 Obins Avenue Portadown Co. Armagh BT62 1DF Northem Ireland Independent Examiner MG accountants (Portadown) 25-27 Carlelon Street Portadown Co. Arfnagh BT62 3EP Northern Ireland Princlpal Bankers Ulster Bank 20 High Street Portadown Craigavon Co. Armagh BT62 1HU United Kingdom Solicitors R M Cullen & Sons Edward Slfeet Portadown Co Armagh 8T62 3DD
Bannslde Communlty Group TRUSTEES. REPORT fof the finanual Jar ended 31 December 2023 The Iruslee5 preswit Trus1•0S' ReF¥xl aThJ tr unastJ slatwronls financjal year 31 Oocenkner 2023. Tru¢09 Ann Dunbar Joanne Gwvan SKstthan Grvan na Kelty Carol Lrtter Ldty Mcconle Hena Stuart SDbhan Haffl El8arA)r Mary Temyson Philna Gall•Jh klary Fe RoNn Dunbar Sandra Kèoley Irene Hami Gatwlle Bai Glona Anderson tte Alccarrny Cathenne Kkcc Ila Hendron Rrta Mgan Revlow of Actlvltl••. AchS•v•m•nts and P•rfomunc• 8ann%de C¢mmunty Group Is Ccrfnffled lo prjing the hghest quahty servKe wimarty n Portath> aTrJ surrourbdiry areas ty inproYY¥J the quality and ¢1)nd3 ol hfe fc the cMUty. Since ils corKeplMyi. Bannside CcrnNnty Gf(xffjJ has made a thcan1 cIntJt lo Im9 th8 of ts CUnIty in the Cofcfam wafd. This is ewdencod th[h and that *ie esiat4thd Jre ong)r#J. Flnanclal Rwlow Thef0 has been a dse n our overal Income lo £ 16.7 78 m 2023 £4 1.780 m 2022. Wo have dolNernd d8krt of £ 13.475 In 2023 ccvnparod lo a surFkn 01 £10.631 n 2022 tcAal f(XKl$ at 31 Decerntr 2023 afe £10.181 cunpared to £23,656 n 2022 Ro8ults •nd Dlvldends At tho end ol fnancd year c(ryry has aSS•ts 01 £10.706 12022 . £24.0541 aThl of £525 (2022 . £3981 Tho assets ol the crywny have decteawy by £113.4751 Governing ApFontTnl ol M3na9emwLI Cc¥nmitt The mwwJ8m¢nl commth ol BaMSKle CLYr¥wnty Grc•Jp 15 elgcled al Ihe Arnual Gwwal year. Approvod by tho Board of Trustoos on 26 March 2024 and slgnod on its bohalf by: Siobhan Girvan Trust60 Anna Kelly Trustee
Bannside Community Group STATEMENT OF TRUSTEES. RESPONSIBILITIES foi the financial year ended 31 Decembei 2023 The trustees are responsible for preparing the financial statements in accordan with applicable law and regulations. The law applicable to charities in Northem Ireland requires the trustees lo prepare financial slatements for each financial year which give a true and fair view of the assets, liabilities and financial position of the company as at the financial year end dale and of the surplus or deficit of the company and otherwise comply with the Charilies Act {Northern Ireland) 2008. In preparing these financial stalements, the trustees are required lo: select suitable accounting policies and apply them consistently". make judgements and accounting estimates that are reasonable and prudent., stale whether the financial stalemenls have been prepared in accordan with applicable accounting standards, identify those standards, and note the effect and the reasons for any maleiial departure from those slandards., and prepare the financial statements on the going conrn basis unless it is inappropriate lo presume that the company will continue in operation. The trustees confirm that they have complied wilh the above requirements in preparing ihe financial stalemenls. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disdose with reasonable accuracy al any lirne the finanaal position of the company and enable them to ensure that the financial statements comply with the Charities Act (Northern Ireland} 2008. They are also responsible for safeguarding the assets of the company and hen for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Board of Trustees on 26 March 2024 and signed on its behalf by: Siobhan Girvan Trustee Anna Kelly Trustee i(•
Bannside Community Group INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF BANNSIDE COMMUNITY GROUP We have examined the financial statements of the company for the financial year ended 31 December 2023, which comprise the Statement of Financial Aclivilies. the Balance Sheel. the Accounting Policies and the related notes. Respective responsibilities of trustees and examiner The company's Iruslees are responsible lor the preparation of Ihe financial siatemenls in accordance with the requirements of the Charities Act (Northern Ireland) 2008. The tx)mpany's trustees consider that an audit is not required for this financial year under the Charities Act (Northem Ireland) 2008 and that an independent examination is required. It is our responsibility to.. examine the Financial statements under seclion 65 of the Charities Act- follow the procedures laid down by the general Directions given by the Charity Commission for Northem Ireland under 5e¢lion 65191{bl of the Charities Act". and state whether particular matters have come lo our attentson. Basis of independent examinees report We have examined your company financial slatements as required under section 65 of the Charitie5 Act and our examination was carried out in accordance wilh the general Directions given by the Charity Commission for Northern Ireland un(Jer section 65{91{b) of the Charibes Act. An examination includes a review of the accounting records kept by the company and a comparison of Ihe financial statements presented wth those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the Iruslees concerning any such matlers. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as lo whether the accounts present a 'lrue and fair. view and the report is limited to those matter5 Set out in the statemenl bekjw. Independent examinerfs statement In connection with our examination, no matter has come to our attention which gives us cause lo believe that in, any material respect". accounting records were not kept in accordance with section 63 of the Charities Act the financial slalements do not accord wilh those accounting records Ihere is further infom)alion needed lor a proper understanding of the accounts to be 8¢hed. We have no concern5 and have come across rio other matters in connection with the examination to which attention sh uld be drawn in this report in order to enable a proper understanding of the financial slalements lo be reached. ACCOUNTANTS Ip rtadownl 25-27 Carleton Street Portadown Co. Armagh BT62 3EP Northern Ireland Date- 26 March 2024
Bannside Community Group STATEMENT OF FINANCIAL ACTIVITIES foi the financial year ended 31 December 2023 Restricted Funds 2023 Total Unreslricled Reslricled Funds Funds Funds 2023 2022 2022 Total Funds 2022 Notes Incoming Resource5 Activities for generating funds 16,718 16,718 4,700 37,080 41,780 Resources Expended Charitable activities 30.193 30,193 31,149 31,149 Net incomingloutgoing re$our¢és before transfers 113,475) (13,475) 4,700 5,931 10,631 Gross transfers between funds Net movem8nt in funds forthe finan¢ial year (13.475) (13.475) 4.700 5,931 10,631 Reconciliation of funds: Total funds beginning of the year 23,656 23.656 13.025 13,025 Total funds at the end of the year 10.181 10.181 4,700 18.956 23,656 The Statement of Financial Aclivilies includes all gains and k)sses recognised in the financial year. l income and expenditure relate to continuing activities. Tho notgs on pages 10 to 11 foryn part of the finarKial stalemer715
Bannside Communlty Group BALANCE SHEET as al 31 Decernr 2023 2023 2022 Note• FSx•d A•8•ts TaTr3ltJe ass•ts 7.029 8.786 Currnnt Assets C83h al bank and in hand 3.677 15.268 Credft¢)(•: Amounts falllng duo withln Of y•ar 1525) 13981 Net Current A•••ts 3.152 14.870 Total Ais•ta l•s• Cwr•nt LW>llitl•• 10.181 23.656 Funds Restrictod tru fvJTrJs 10,181 18.956 General fund 4.7ts) Totsl fund8 10.181 23.656 Approved by the Board of Trustees and auihorised lor Issue on 26 Mafch 2024 and Bign¢d on its behalf by Siobhèn Girvan Trusteo Anna Kolly Trustee Th8 r.olos oy pages 10..0 I ' .'orm ct inc 518lennIs
Bannside Community Group ACCOUNTING POLICIES for the financial year ended 31 December 2023 Basls of preparation The financial statements have been prepared under the historical cost convention and in accordance with Part 8 of the Charities Act (Northern Ireland) 2008. They also compty with the Statement of Recommended Practice ISORP 2015, as updated in 20191 and with the financial reporting standards. The following accounting policies have been applied consistently in deahng with items which are considered material in relation to the company's financial slalemenls. Incomlng Resources Voluntary income or capital is included in the Slalemenl of Financial Activities when the company is legally enlilled lo it, ils financial value can be quantified wilh reasonab cerlainly and there is reasonab Certainty of ils ultimate receipt. Entitlement to legacies is considered eslablished when the tx)mparsy ha5 been notified of a distribution to be ma(Se by the executors. Income received in advance ol due performance under a contract is accounted for as deferred income until earned. Grants for aclivilies afe recognised as income when Ihe related conditions for legal enlillement have been mel. All other income is accounted for or¢ an accruals basis. Resources Expended All resources expended are accounted for on an accruals basis. Charitable activities include costs of services and grants, support costs and depreciation on related assets. Costs of generating funds similarty include fundraising activities. Non-5taff costs not allributed to one category of activity are allocated or apportioned pro-rata lo the staffing of the relevant seNice. Finance, HR. IT and adminislfalive staff cosls are directly attributable lo individual activities by objective. Governance costs are those associaled with consb"tuts"onal and statutory requirements. Tangible fixed assets and depreciation Tangible fixed assets are slated al cost or at valuation. less accumulated depreciation. The charge lo depreciation is calcu581ed to write off the origir)al cost or v81ualion of langible fixed assets, less their estimated residual value, over their expected useful lives as folkJws= Leasehold improvements Equipment 10P/o Straight line 20Yo RedLtcing Balance
Bannside Community Group NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 December 2023 GENERAL INFORMATION 8annside Community GTOUP is a charity incorporated in Ihe Uniled Kingdom. The registered office of the company is 20-29 Obins Avenue. Porta(k)wn, Co. Armagh, BT62 3EP, Northern Ireland which 15 81so the principal place of business of the company The financial statements have been presented in Pound {£) which is also the funclional currency of the company. INCOME OTHER TRADING ACTNITIES Unrestricted Restricted Funds Funds 2023 2022 Activities 16.718 16.718 41,780 EXPENDITURE CHARITABLE ACTIVITIES Direct Costs Other Costs Support Costs 2023 2022 Costs of ChaTitabte Activities 30,193 30.193 31.149 SUPPORT COSTS Charitable Activities 2023 2022 Support Costs 30.193 30.193 31,149 ANALYSIS OF SUPPORT COSTS 2023 2022 Support Costs 30,193 26,449 NET INCOMING RESOURCES 2023 2022 N•t Incoming Rèsources are stated after chargingl{crediting): Oeprecialion of tangible assets 1,757 2,105 TANGIBLE FIXED ASSETS Leasehold Equipment improvernent Total Cost Al 31 December 2023 11.976 32.069 44,045 Depreciation Al 1 January 2023 Charge for the financial year 11.976 23.283 1.757 35,259 1,757 At 31 December 2023 11.976 25,040 37,016 Net book value Al 31 December 2023 7,029 7.029 At 31 December 2022 8,786 8,786 10
Bannside Community Group NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 December 2023 CREDITORS Amounts falling due within one year 2023 2022 Accruals and deferred income 525 398 RESERVES 2023 2022 Ai the beginning of the year (Delicilllsurplus for the financial year 23.656 {13,4751 13,025 10,631 Al the end of the year 10.181 23.656 FUNDS RECONCILIATION OF MOVEMENT IN FUNDS Restricted Funds Total Funds Al 1 January 2022 Movement during the financial yeaf 13,025 5,931 13,025 10,631 Al 31 Dècernr 2022 Movement during Ihe financial year 23,656 113.4751 23,656 113,4751 Al 31 December 2023 10.181 10.181 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 January 2023 Income Expenditure Transfers Balance between 31 December funds 2023 Restricted funds Reslri¢ted Total funds 23.656 23,656 16,655 16,655 30,130 30.130 10,181 10,181 ANALYSIS OF NET ASSETS BY FUND Fixed a$sets - charity use Current assets Current liabilities Total Restricted trust funds 7.029 2,654 (3,475) 6,208 unstrICted general funds 4.280 1307) 3.973 7.029 6.934 (3,782) 10,181 10. POST-BALANCE SHEET EVENTS There have been no significant events affecting the Charity since the financial yearnd. 11
BANNSIDE COMM Nrry ROUP SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023 12
Bannside Community Group SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS Operating Slalemenl for the financial year ended 31 December 2023 2023 2022 Income 16,655 41,780 Expenses Insurance Light and heat Cleaning Repairs and maintenance Adminislralion Telephone Travelling and entertainment Accountancy Bank charges Sundry expensos Homework and youth group expense5 Depreciation 615 821 810 2,776 5,783 515 3,079 1,207 4,750 1,411 510 440 58 727 57 152 16.117 1.757 17,589 2,105 30.130 31,149 Net Ideficit>lsurplus (13.4751 10.631 The supplementary information does not fom part of Ihe financial slalements 13