6)attorn Jqaiiry ofte/zJo/& Chartèred Accountants and Registered Auditors REGISTERED COMPANY NUMBER: N1618053 (Northern Ireland) REGISTERED CHARITY NUMBER: 102994 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 FOR BALLINAMALLARD FISHER PARK Patton Rainey Stenson LiTllited Chartered Accountants 6 East Bridge Street Enniskillen Co. Fertnanagh BT74 7BT CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Registered lo carry out audit work and regulated for a range ol inveslmenl business a¢liviiies In the United Kingdom by the Insliluie ol Chartered AOUntantS in Ireland
. BALLINAMALLARD FISHER PARK CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 DECEMBER 2023 Page Report of the Trustees Independent Examiner's Report Statement of Financi21 Activities Balance Sheet Notes to the FinaD¢ial Statements 8 to 12
. BALLINAMALLARD FISHER PARK REGISTERED NUMBER: N1618053 REPORT OF THE TRUSTEES for the Year Ended 31 DECEMBER 2023 The trustees who are also directors of the ¢harity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of the Financial Reporting Standard for Smaller Entities (effective January 2015), the Companies Act 2006 and the requirements of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and the Republic of Ireland (FRS102). OBJECTIVES AND ACTlVtTIES Objectives and aims The charitgs objectives are to promote the benefit of the inhabitants of County Fermanagh and its environ5 Wlthout distinction of gender, sexual orientation, age, race, ethnicity or political, religious or other opinion by.. (a) promoting amateur sport and community participation in healthy recreation by providing facilities and amenities for the playing of sport. recreation or other leisure time 0UpatiOn. (b) advancing health and well-being and relieving those in need by reason of youth. age. ill-health. infimiity or disablement. social and economic circumstances or community relations, social cohesion, racial hamiony and equality and diversity. The most significant work of the charity was acquiring a site and funds to build and equip a purpose built all weather pitch. Fisher Park 3G. Funding was originally secured from the Northem Ireland Rural Development Programme. Public benefit The direct benefits that flow from the puOse5 of promoting amateur sport and community participation in healthy recreation by providing facilities and amenities for the playing of sport, recreation or other leisure time occupations by work in securing funding for a 3G pitch to allow for 5POrting activities to take place all year round.The benefits are evidenced through the pitch being completed by early 2014 and is now used extensively. The direct benefit5 which fall from advancing health and well-being and relieving those in need by reason of youth, age, ill-health, infirmity or disablement, social and economic circumstance5 or other disadvantage, and promoting inclusively, good community relations. social cohesion, racial harmony and equality and diversity, include time for local clubs and schools to use the pitch, providing a place for active participation in sport for local children and youth The benefits are evidenced by the club running a well attended well-being, good cornmunity relations and social cohesion courses. It is also evidenced by records of individuals that use the facilities of Fisher Park. The beneficiaries are the people of County Fennanagh and its environs. The only private benefit flowing from this purpose is that the trustees and members can avail of the facilities and this is incidental and necessary 50 that benefits can be provided to all the community. The trustees seek to ensure that the public benefit requirement is considered and Ballinamallard Fisher Park facilitates the promotion of amateur sport and community participation and having due regard to the Charity Commission guidance on public benefit. FINANCIAL REVIEW Financial position The results for the year ended 31 December 2023 are set out on pages 5 and 6 of the fmancial statements. The total income for the year ended 31 December 2023 amounted to £22.868 (2022= £23.454). The total expenditure for the year amounted to £25,330 (2022.. £22,285) and the total net in¢omel(expenditure) for the year ended 31 December 2023 was (£2,462) (2022: £1.169). The company's cash at bank increased from £55.625 at 31 December 2022 to £58,159 at 31 December 2023. The trustees believe thi5 reserve to be sufficient to cover future expenditure for approximately one year. The trustees will continue to review the reserves policy. Page I
.BALLINAMALLARD FISHER PARK REGISTERED NUMBER: N1618053 REPORT OF THE TRUSTEES for the Year Ended 31 DECEMBER 2023 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a memorandum and articles of association, and constitutes a limited company. limited by guarantee, as defined by the Companies Act 2006. The cornpany was incorporated on 24 April 2013 and registered with the Charity Commission for Northern Ireland on 12 June 2015. The trustees and directors of the charitable company in accordance with the charitable company's governing documents can be appointed by the members of the charitable company. REFERENCE AND ADMINISTRATIVE DETAILS R¢gist¢red Company number N1618053 (Northern Ireland) Registered Charity number 102994 Registered offiee Ballinamallard UFC Ferney Park Ballinamallard Enniskillen Co. Fennanagh BT94 2HH Trustees Mr J E Poots Mr T B Elliott Mr M Emer50n Mr N Dykes Mr K Fisher Mr E Fisher Rev B J Harper Mr R J McBride MrwmSmh Company Secretary Mr R J McBride Independent Examiner Patton Rainey Stenson Limited Chartered Accountants 6 East Bridge Street Enniskillen Co. Fernianagh BT74 7B T Bankers First Trust Bank 2 & 4 East Bridge Street Enniskillen Co. Fermanagh BT74 7B T Approved by order of the board of trustees on 20 March 2024 and signed on its behalf by- Page 2
. BALLINAMALLARD FISHER PARK REGISTERED NUMBER: N1618053 REPORT OF THE TRUSTEES for the Year Ended 31 DECEMBER 2023 Mi- I. B Elliott- Trustee Page 3
eq cfte/kgorn Chartered Accountants and Registered Auditors INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BALLINAMALLARD FISHER PARK I report on the accounts of the company for the year ended 31 Decernber 2023, which are set out on pages five to twelve. Respective responsibilities of charity trustees and examiner As the charity's trustees (and also the directors for the poseS of company law) you are responsible for the preparation of the accounts in accordance with the requiretnents of the Companies Aci 2006. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination. it is my responsibility to- examine tlie accounts under Section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under Section 65{9)(b) of the Charities Act state whether particular matters have come to my attention. Basis of the independent ¢xaminer's report I have examined your charity accounts as required under Section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act. The 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. My role is to state wELether any material matters have come to my attention giving me cause to believe.. That accounting records were not kept in accordance with Section 386 of the Companies Act 2006 That the accounts do not accord with those accounting records That the accounts do not comply with the accounting requirements of Section 396 of the Companies Act 2006 and with the methods and principles of the Charities Ststement of Recotntnended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable itL the UK and Republic of Ireland That there is further infonnation needed for a proper understanding of the accounts to be reached. Independent examiner's statement I have completed my examination and have no concerns.in respect of the matters (l) to (4) listed above and, in co[eCtion with following the Directions of the Charity Commission for Northern treland. I have found no tnatters that require drawtng to your attention. Thomas Samuel Patton FCA Patton Rainey Sten50n Limited Chartered Accountants 6 East Bridge Street Enniskillen Co. Fertnanagh BT74 7BT 20 March 2024 CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Regislered lo carry oul audit work and regulated for a range of inv8s1rn8nt business activities in the United Kingdom by the Inslitule ol Chartered A¢countan15 in Ireland
. BALLINAMALLARD FISHER PARK STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT for the Year Ended 31 DECEMBER 2023 31.12.23 Totsl funds 31.12.22 Total funds Unrestricted nd Restricted nd Notes INCOME AND ENDOWMENTS FROM Donattons and legacies 11,550 2,962 14,512 16,304 Charitable aetivities Charitable activities 8,356 8,356 7,150 Total 19,906 2,962 22,868 23,454 EXPENDITURE ON Charitable activities Charitable actÈvities 22J68 2,962 25,330 22,285 NET INCOMEI(EXPENDITURE) (2,462) (2,462) 1,169 RECONCILIATION OF FUNDS Total funds brought forward 105,198 105,198 104,029 TOTAL FUNDS CARRIED FORWARD 102,736 102,736 105,198 The notes forn] part of these financial statements Page 5
BALLINAMALLARD FISHER PARK REGISTERED NUMBER: N1618053 BALANCE SHEET 31 DECEMBER 2023 31.12.23 Total funds 31.12.22 Total funds Unrestricted fund Restricted nd Notes FIXED ASSETS Tangible assets 218,350 218,350 233,037 CURRENT ASSETS Debtors Cash at bank and in hand 2,260 55.625 58,159 58,159 58,159 58,159 57,885 CREDITORS Amounts falling due within one year (3,465) (3.465) (4,066) NET CURRENT ASSETS 54,694 54,694 53,819 TOTAL ASSETS LESS CURRENT LIABILITIES 273,044 273,044 286,856 ACCRUALS AND DEFERRED INCOME (170J08) (170,308) (181,658) NET ASSETS 102,736 102,736 105,198 FUNDS Unrestricted fvnds 102,736 105.198 TOTAL FUNDS 102,736 105,198 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 Decernber 2023. The members have not required the cornpany to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keep5 accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statement5 which give a true and fair view of the slate of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which othenvise comply with the requirements of the Companies Act 2006 relating to financial statements. so far as applicable to the charitable company. (b) The notes fom] part of these financial statements Page 6 continued...
. BALLINAMALLARD FISHER PARK REGISTERED NUMBER: N1618053 BALANCE SHEET- continued 31 DECEMBER 2023 These financial statements have been prepared in accordance with the provisions appltcable to charitable companie5 subject to the small cotnpanies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 20 March 2024 and were signed on its behalf by: Mr T B Elliott - Trustee The notes forni part of these financial statements Page 7
BALLINAMALLARD FISHER PARK NOTES TO THE FINANCIAL STATEMENTS for the Year.Ended 31 DECEMBER 2023 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Ac¢ounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Ineome All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the arnount can be measured reliably. Exp¢nditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to ihe category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Fixed assets are stated at original cost. Depreciation will be provided at the following annual rates in order to write off each asset over its estimated useful life from l January 2014.. Leasehold land and propety- 40/0 Straight line Taxation The charity is exempt from corporation tax on its charltable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds Can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Grants Grants that relate to Specific capital expenditure are treated a5 deferred income which is then credited to the income and expenditure account over the related assets useful life. Other grants are credited to the income and expenditure account when received. Page 8 continued...
BALLINAMALLARD FISHER PARK NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 DECEMBER 2023 NET INCOMEI(EXPENDITURE) Net income/(expenditure) is stated after chargingJ(crediting)= 31.12.23 31.12.22 Depreciation - owned assets 14,687 14,740 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. Trustees, expenses There were no trustees, expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted Fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 13,531 2,773 16.304 Charitable activities Charitable activities 7,150 7,150 Total 20,681 2,773 23,454 EXPENDITURE ON Charitable activities Charitable activities 19,512 2,773 22.285 NET INCOME 1,169 1.169 RECONCILIATION OF FUNDS Total funds brought forward 104,029 104,029 TOTAL FUNDS CARRIED FORWARD 105.198 105,198 Page 9 continued...
BALLINAMALLARD FISHER PARK NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 DECEMBER 2023 TANGIBLE FIXED ASSETS Fixtures and fittings Short leasehold Totals COST At l January 2023 and 31 December 2023 361,984 3,759 365,743 DEPRECIATION At l January 2023 Charge for year 129,990 14.479 2,716 208 132,706 14,687 At 31 December 2023 144,469 2,924 147,393 NET BOOK VALUE At 31 December 2023 217,515 835 218,350 At 31 December 2022 231,994 1,043 233,037 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.23 31.12.22 Ballinamallard United Football Club 2,260 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.23 31.12.22 VAT Accruals and defeed income 2,815 650 3.416 650 3,465 4,066 ACCRUALS AND DEFERRED INCOME 31.12.23 31.12.22 Deferred government grants 170,308 181,658 Page 10 continued...
BALLINAMALLARD FISHER PARK NOTES TO THI FINANCIAL STATEMENTS- continued for the Year Ended 31 DECEMBER 2023 MOVEMENT IN FUNDS Net movement in funds At 31.12.23 At 1.1.23 Unrestricted funds General fund 105,198 (2,462) 102,736 TOTAL FUNDS 105,198 (2.462) 102,736 Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 19,906 (22,368) (2,462) Restricted funds Restricted grants 2,962 (2,962) TOTAL FUNDS 22,868 (25,330) (2,462) Comparatives for movement in funds Net movement in funds At 31.12.22 At 1.1.22 Unrestricted funds General fund 104.029 1,169 105,198 TOTAL FUNDS 104.029 .169 105,198 Comparative net movement in fund5, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 20.681 (19.512) 1.169 Restricted funds Restricted grants 2.773 (2.773) TOTAL FUNDS 23,454 (22,285) 1,169 Pagell continued...
. BALLINAMALLARD FISHER PARK NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 DECEMBER 2023 MOVEMENT IN FUNDS- eonlinued A current year 12 months and prior year 12 months combined posttion is as follows.. Net movement in funds At 31.12.23 At 1.1.22 Unrestricted funds General fund 104.029 (1,293) 102,736 TOTAL FUNDS 104,029 (1.293) 102.736 A current year 12 months and prior year 12 months combined net movement in funds, included in ihe above are as follows.. Incoming resources Resources expended Movement in ndS Unrestricted funds General fund 40,587 (41.880) (1,293) Restricted funds Restricted grants 5.735 (5,735) TOTAL FUNDS 46,322 (47,615) (1,293) io. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 December 2023. Page 12