Charity Number.. NIC102439 Bannside Community group Annual Report and Unaudited Flnancial Statements for the financial year ended 31 December 2025
Bannside Community group CONTENTS Page Referen¢e and Adminislralive Infomialion TfUStees' Report statement of Trustees, Responsibilities Independent Examiner's Report Statement of Financial Activities Balance Sheet Accounting Policies Notes to the Financial Statements 10-11 Supplemenlary Information relating lo the Financial Statements 13
Bannside Communlty group REFERENCE AND ADMINISTRATIVE INFORMATION Trustees Ann Dunbar Janette Mccanney Ita Hendron Carol Litter Mary Tennyson Joanne Girvan Roisin Dunbar Lilly Mcconvillè Siobhan Girvall Eleanor Cornett Gloria Anderson Gabrielle Baird Siobhan Hamill Sandr8 Keeley Philomena Gallagher Helena Stuart Irene Hamill Anna Kelly Rita Morgan CharSty Number In Northern Irèland NIC102439 Prlnclpal Addrass 28-29 Obins Avenue Portadown Co. ArFn8gh 8T62 1 DF Northern Ireland Independent Examiner MG accountants (Portadownl 2&27 Carleton Streèt Portadown Co. Armagh BT62 3EP Northem Ireland Prlncipal Bankers Ulster Bank 20 High Street Portadown Craigavon Co. Arm8gh BT62 1 HU United Kingdom Solicltors R M Cullen & Sons Edward Street Portadown Co Amagh BT62 3DD
Bannside Communlty group TRUSTEES. REPORT lor the financial year ended 31 Dècèmber 2025 The trustees p¥esent their Tru$tees' Report and the unaudited financial staternents lor the financial year ended 31 December 2025. Trustees The trustees who served during the year are as follows.. Ann Dunb8r Joanne Girvan Siobhan Girvan Anna Kelly Carol Litter Lilly Mcconville Helena Stuart SDbhan Hamill Eleanor Cornett Mary Tènnyson Philomena Gallagher Rolsin Dunbar Sandra Keeley Iren8 Harnill Gabrielle Baird Gloria Anderson Janette Mccanney Ita Hendron Rla Morgan Review of Achl•vom•nts and PerfoTmanc• Bannside Community Group is ¢ommitted to providing the highèst quality servTh primarily in Portadown and surrounding areas by improving the quality and conditions ol life for the community. Since its conception, Bannside Community Group ha5 made a significant contribution to improving the lives of the community in the Corcrain ward. This is evidenced through projects and services that were established and are ongoing. Financlal Review There has been a dtr¢re8se in our overall income fr()rn £33,796 in 2024 to £9,313 in 2025. We have delivered a deficit 01 £14,742 in 2025 cornpared lo a surplus of £10,658 in 2024. The total funds held at 31 December 2025 are £6,097 compared to £20,839 in 2024. Rèsult5 and Dividends At the end of the financial year thè eompany has assets of £6.84712024 - £21,399) and liabilitiès of £75012024 £5601. The net assets of the c(>mpany have decreased by £114,7421. Goveming Oocument Bannside Community Group Is a chawily govemed by ils constitution and Dverse¢n by its management comrnittee. Appointment ol Managomant Comtnittee The management committ88 of 8annside Communlty Gr¢up is elected at the Annual General Meets'ng ead) year. Approved by tha Boaril ol Trustses on 13 May 2026 and signed on Its bèhalf by: Slobhan Girvan Trusteè Anna K•lty Trusta•
Bannslde Community group STATEMENT OF TRUSTEES. RESPONSIBILITIES lor the financial year ended 31 December 2025 Thg trustees are sponsIb for preparing the financial statements in a¢wrd8ncg with applicable law and regulations. Th8 law applieable lo charities in Northem Iland requires the trustees to prepare financial statements for each financi81 year which givè a tru8 and lair vlew of thè as5et5, liabilities and financial position of the company as at the financial year end date and of th8 surplus or d81icit ol the wmpany and otherwise comply with the Charitiès Act (Northern Iland) 2008. In p¥eparing these financial statement5. the trustees are required to.. select suitable accounting policies and apply them consistently., make judgements and accounting estirnales that are reasonable and pmdent", state whether the financial slalements have been prepared in aeeordance with Spplicable accounting standards, Identify those standards, and note the effect and the reason5 for any mat81ial d8parture from those standards., and prepare the financial statemenls on the going concern basis unless it is inappropriate to presume that tha company wlll continue In operatlon. The trustee5 confirrn that they hava complied th th8 above requirements in preparing the financial statemènts. The trustees are responsible for keeping adequate accounting records that a sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure thal the financial Statements comply with the Charities Act (Northèrn Ireland) 2008. They are also responsible for safeguarding the assets of the company and hence for taking reasonab18 $tgps for the prevention and detection of fraud and other irregularities. Approvèd by the Board of Trustoos on 13 May 2026 and slgntd tsn its bèhalf by- Slobhan Glrvan Trusteg Anna Kelty Trustee
Bannside Community group INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF BANNSIDE COMMUNITY GROUP We have examined the financial statements of the corrpany for the financial year ènded 31 December 2025, which comprise lh8 Statement of Financial Activities, the Balance Sheet. the Accounting Polieigs and the related notes. Respectlve responsibllities of tNstees and examiner The company's trustees are responsible for the preparation ol the financial statements in accordance wlth the requ1MentS of the Charities Act (Northern Ireland) 2008. The company's trustees consider that an audit is not reqUId for this financial year under the Charities Act (Northorn Irglandl 2008 and that an independent ex8rnination is required. It is our responsibility to.. examine the finanaal statements und8r $8Ction 65 of the Charities Act. follow th* procédurès laid down by the ggneral Directions given by the Charity Commission for Northern Ireland under section 6519llbl of the Charities Act.. and stale wh8lhgr particular rnatters have come to our attention. Basis of independent examiner's report We have examined your company financial statements bs rèqui18d under section 65 of the Charities Act and our examination was carried out in accordance with the general Dir8clions giv8n by the Charity Commission for Northern Ireland under section 6519llbl of the Charities Act. An examination includ85 a review of the accounting 18cords kept by the company and a comparison of the financlal statements presented with Ihtsse records. It also illcludes consideration of any unusual items or di5closure5 In the financial statements and seeking explanations from the trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be rèquirèd in an audit and consèquently no opinion is given as to whether the accounts pr8sènt 3 'tru$ and fair, view and the report Is limited to those Tnatters Set out in the statement below. Independent examiner's statement In connection with our examinats'on, no matter has come to our aitentpon which gives us ¢auso to believe that in, any material respect.. accounting records were not kept in accordance with section 63 01 the Charities Aet the financial slalements do not accord with those accounting records there is further information needed for a proper understanding ol the accounts to b8 reached. We have no concems and have come across no other matters in connection with the examination to which attèntitsn should be drawn in this report in order to enable a proper understanding ol the financi815taternenls to be reached. ACCOUNTANTS Ip adownl 25-27 Carleton st0t Portad(Iwn Co. Aa9 BT62 3EP Northern Ir&land Date.. 13 May 2026
Bannside Community group STATEMENT OF FINANCIAL ACTIVITIES for the financial year ended 31 December 2025 Restrlcted Funds 2025 Totsl Restricted Funds Funds 2025 2024 Total Funds 2024 Not•s Incoming Resources Activities for generating funds 9,313 9,313 33,796 33,7g6 Resources Expended Charitable activities 24,055 24,055 23,138 23.138 Net Incomlngloutgolng resources before transfers 114,7421 114.7421 10,658 10,658 Gross transfers beeen funds Net m0Mnt In funds for tha flnanclal yoar 114,7421 114.7421 10.658 10,658 ReGon¢lliatlon of fund5: Total funds beginning of the year 20,839 20,839 10,181 10,181 Total funds at the end of the year 6,097 6,097 20,839 20,839 The Statement of Financial Activities includes all gains and losses recognised in the financial yèar. All income and expenditure relate to continuing activities. The note5 on pages 10 to 11 forni part of th8 fin8ncial slatemants
Bannside Community group BALANCE SHEET as at 31 Decernber 2025 2025 2024 Not95 Fixod Assets Tangibla assets 5,137 6,422 Current Assets Cash al bank and in hand 1,710 14.977 Crèdltors: Amounts falling due within one year 1750} 15601 Nèt Currant Assots 960 14,417 Total Assets 1è5s Currènt Llabllltl8s 6.097 20,839 Funds Restricted trust funds 6.097 20,839 Total funds 6,097 20.839 Approved by tha Board of Trustees and authorised for issue on 13 May 2026 and signed on its behaff by Siobhan Girvan Trust¢9 Anna Kelly Trustee The note3 gn pages 10 to 11 fom part of th& financial statements
Bannside Community group ACCOUNTING POLICIES for th8 financial y8ar en(Jed 31 December 2025 Basis of preparation The financial ststgments havo b8an pr8pared under the historical cost convention and in accordanc8 with Part 8 of the Ch8rilies Act INorthem Ireland) 2008. They also comply with the Statement tsf Recommended Practice ISORP 2015. as updated in 20191 and wlh the financial reporting standards. The following ac¢ounting policies have been applied consistently in dealing with items which are considered mat6rial in rèlation to the compar)Is finanaal statements. Incomlng R•sourc•s Voluntary income or capital is included in the Statement ol Financial A1vilieS when the company is legally elltilled to it, its financial valua can bè quantified wth reasonablè certainty and there is reasonable rtaintY of its ultimate rec8ipI. Entitment to legacie5 15 considered established when the company has been notified of a distributioll lo be made by the executors. Income received in advance of due performance under a contract 15 accounted for as defgrrgd inc0rn8 until 8am8d. Grants for activities are recognised as income when the related conditions for legal entiuemenl have been met. All other Income is accounted for on an accruals basis. Resources Expended All resources expended are accounted for on an accruals basis. Charitablè acbvilies inclu(le ccisls of services and grants, support costs and depreciation on lated assets. Costs ol generating funds similarly include fundraising aclivitse5. Non-staff Costs not attributed lo one categtrry ol acliwty ar8 allocated or apportioned pro-rala to thè staffing of the relevaril service. Finance, HR. IT and administrative staff costs Ore directly attributable to individual activities by obj8ctive. Govarnancè costs are those assooatad with con5titutK>nal and statutory requirements. Tangible fixed a558ts and dèprteiation Tangible fixed assets ar8 stated at Cost or at valuation, 1955 accumulated depreaation. The charg8 to dèprgciab'on is Iculated to write off the original cost or valuation of tsngible fixed assets, less their estimated residual value, over Iheir expected useful Iiv8s as follows.. Leasehold improvements Equipmenl 10% Siraight line 20Yts Reducing Bane6
Bannside Community group NOTES TO THE FINANCIAL STATEMENTS lor the financial year ended 31 December 2025 GENERAL INFORMATION 8annside Community group is a charily incorporated in ihe United Kingdom. The registered officè of tho cotnpany is 20-29 Obins Avenue, Portadown, Co. Armagh, BT62 3EP, Northem Ireland which is a150 the principal place of business ol Ihe company The financial statemenls have been presented in Pound 1£) which Is also th8 functional currency ol the company. INCOME OTHER TRADING ACTIVITIES Unrestricted Re$tri¢ted Funds Funds 2025 2024 Activtties 9,313 9,313 33,796 EXPENDITURE CHARITABLE ACTIVITIES Dlrect Costs Othar Cost5 Support osts 2025 2024 Costs of Charitsble Activitiès 24,055 24,055 23,138 SUPPORT COSTS Charitable Activities 2025 2024 Support Costs 24,055 24.055 23,138 ANALYSIS OF SUPPORT COSTS 2025 2024 Support Costs 24.055 23.138 NET INCOMING RESOURCES 2025 2024 Net Incoming Resources are slated after chargingll¢reditingl: Depreciation of tangible ass818 1,285 1,606 TANGIBLE FIXED ASSETS Leasehold Equlpment Improvement Total Co$t At 31 Dec8rnber 2025 11.976 33,068 45.044 Depreciation At 1 January 2025 Charge for the financial ygar 11.976 26,646 1,285 38,622 1.285 At 31 December 2025 11,97fj 27.931 39,907 Net l)ook value At 31 December 2025 5,137 5,137 At 31 Dernber 2024 6,422 6,422 10
conb.nued Bannside Community group NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 Decernber 2025 CREDITORS Amounts falling due wlthln one year 2025 2024 Accruals and deferred income 750 560 RESERVES 202S 2024 At the beginning of the year IDeficilVSurplus for the financial year 20.839 114.7421 10,181 10,658 At the end of Ihe year 6,097 20,839 FUNDS RECONCILIATION OF MOVEMENT IN FUNDS Restricted Funds Total Funds At 1 January 2024 Movement during the financial year 10.181 10,658 10,181 10,658 At 31 Decernber 2024 Movement during the financial year 20,839 114.7421 20.839 114,7421 At 31 December 2025 6,097 6,097 ANALYSIS OF MOVEMENTS ON FUNDS Balanc• 1 January 2025 Ineome Expenditure Transfers Balance behyeen 31 Doc•mbar funds 2025 Restricted funds ReslriGled Total funds 20,839 20,839 9,313 9,313 24,055 24,0SS 6,097 6.097 ANALYSIS OF NET ASSETS BY FUND Flxed ass•ts charity use Current ass•ts Currènt Totsl Restricted trust funds 5,137 1.710 17501 6.097 5,137 1,710 17501 6,097 10. POST-BALANCE SHEET EVENTS There havo begn no snifiCant $vgnts aff8eting thè Charity since the financial year-end.
BANNSIDE COMMUNITY GROUP SUPPLEMENTARY INFORMATION RELATING TO THE FINANC AL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025 12
Bannside Community group SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS Operating Slalement lor the financi81 year ended 31 DeeembÈr 2025 2025 2024 Income 9,313 33,796 Expenses Insurance Light and heal Cleaning Repairs and mainlenancg Adminislrafy'on Telephone Accountancy Bank charges Sundry expenses Hom8work and youth group expenses Depreciation 428 1,412 617 428 1.414 351 302 6,614 300 910 47 12 18,060 1,285 560 30 286 10,653 1,606 24,05S 23,138 Net Idefi¢itVsurplus 114,7421 10,658 The supplernentary infomaiion does not form part of ihe financial slatements 13