WALKWAY COMMUNITY ASSOCIATION
FINAINCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024

WALKWAY COMMUNITY ASSOCIATION
FINANCIAL STATEMENTS FOR THE YEAR TO
31 MARCH 2024
Contents
Page Number
Cliai'ity Infoi'mation
Tiustees, Annual Repoit
Independent Exaniinei", s Report
Stateinent of Financial Activities
Balance Sheet
Notes to the Accounts
8-10

WALKWAY COMMUNITY ASSOCIATION
INDEPENDENT EI XAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024
Inde
endeiit exaininer's i'e
ort to tlie cliarit trustees of Walkwa
Commuiiit Associatioii
I i'epoit oil the accounts of the Ti'ust foi. tlie yeai- elided 31 Mai-ch 2024, wliich al'e set out on pages
6-10.
Res
ective i'es
onsibilities of charit trustees and examiiier
As the chality's t1￿$teeS you are i'esponsible foi. the pi'epai'ation of the accounts in accoi-dance with
tlie Cliai'ities Act (Noiiliei'n Ii'eland) 2008.
It is my i'esponsibility lo:
Examine the accounts under section 65 of the Chai"ities Act
Follow ihe procedui.es laid down in the LFenei'al Dii'ections given by the Commission
undei. section 65(9){b) of the Chai-ities Act
State whethei- paiticulai- matters have conie to niy attention.
Basis of iiide
endent examinei"'s re
ort
I have exainined your chai.ity accounts as i'equii'ed undei" section 65 of the Charities Act and my
examination was cai-i'ied out in accoi'dance with the genei-al Directions given by the Chai'ity
Commission for Northei"n Ii"eland undei" section 65(9)(b) of the Chai"ities Act.
My exainination included a i'eview of the accounting i'ecoi'ds kept by the charity and a comparison of
the accounts pi-esented with tliose i-ecords. It also included consideration of any unusual items or
disclosures in the accounts and seeking explanations fi-om you as cliai'ity ti'uslees conceining any
such mattel's.
My role is to state wliethei. any Inatei'ial niattei-s have come to my attention giving me cause to
believe..
l. The accounting i-ecoi-ds wei'e not kept in accoi'dance with section 63 of the Cliai'ities Act
2. That the accounts do not accoi-d witli those accounting i-ecoi-ds
3. That the accounts do not cornply witli Ilie accounting i-equii-einents of the Chai-ities Act
4. That thei'e is furthei" infoi"matRon needed foi. a pi'opei. understanding of the accounts to be
Irached.

Iiide
eiident examiner's statemeiit
l)ave completed my examination and Iiave no coiicei-ns in i-espect of tlie iiiattei-s ( l) to (4) listed
above and, in conneclion with folloivingy the Dii-ections of the CIAai'ily Coiiimission foi- Noi'ihei'n
Ii-eland, I have found no Inattei-s that i-equire di'awkng to youi. attention.
Gavin Reid FCA
Unit I
212-218 Upper Newtoivnards Road
Belfast
BT4 3ET
9 December 2024

WALKWAY COMMUNITY ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
Uilrestricted Restricted
Fujids
Fiinds
Total
Fuiids
Tola5
Fuiids
Note
2024
2024
2024
2023
Incoine and Expeiiditiire
Incomiiig Resources
Grants i-eceivable
Othei. income
216,988 216,988 228,807
Total Incoming Resoui'ces
28204 216988 245 192
243 266
Resoui'ces Expended
Project expenditure
Adininisti'alive expenses
106,687 118,198
126518 115 325
Total Resources Expended
233 205 233 523
Net Incoming l (Outgoing) Resoui'ces
foi. Ihe Yeai"
11,987
9,743
Unresti'icted Fund Balance Bi'ought
Foi'wai"d al 31 mai.ch 2023
Uni'esti"icted Fund Balance
Cai'i'ied Foiwai'd at 31 March 2024
Thele wei'e no recognised gains oi- losses other than tliose included in the Stateii)ent of Financial
Activities above.
The Notes on pages 8 to 10 foiin part of tliese Accounts.

WALKWAY COMMUNITY ASSOCIATION
BALANCE SHEET AT 31 MARCH 2024
2024
2023
Curi'eiit Assets
Gi-ants outstanding
Prei)ayineiits
Othei. debtoi's
3,740
2,625
41
11,878
1,087
465
6,406
13,430
Cash at bank and iii hand
46,091
52,811
Ciirrent Liabilities-
Amounts Falliiig Due within One Year
Gi'ants i'eceived in advance
Gi-ants to be i-epaid
Ci-editors and acciuals
1,000
6,252
7,549
16,633
32 778)
Net Cui"i"ent Assets
Represented by:
Acculiiulated Funds Account - Unrestricted Funds
Revenue sui.plus
Tliese Financial Statements are signed on belialf of the Coiiiniittee as a i'esult of their appi'oval by the
Cominittee ai ilieii- iiieeting on 9 Decenibei. 2024.
(Chaiipel'son)

WALICWAY COMMUNITY ASSOCKATION
NOTES TO THE ACCOUNTS
31 MARCH 2024
Accountiiig Policies
The Pi-incipal Accounting Policies are as follows:
These Financial Statements al'e pi'epai"ed in accoi'dance with the Statement of Recoiiiinended
Pi'actice"Accounting by Chai'ities" issued in Octobei. 1995 (Revised 2002), and applicable
Accounting Standards.
Aceouiiting Convention
The Accounts Iiave been pi"epai'ed undei. the historical cost convention and in accoi'dance with
applicable accounting standards.
Basis of Accounting
Revenue Gi'ants al'e credited to the income and expenditui'e account on an accruals basis.
Restricted Funds
All Gi"ants which specify a puiyose foi" the Gi'ant, including Col'e Gi"ants, ai"e included as
Resti'icted Funds. It is tlie Association's policy to meet all Resti'icted Fund Deficits by ti'ansfer
froin tlie Accuinulated Unrestricted Funds.
Resources Expeiided
It is considei'ed that, with the excepiioii of inanageinent and administration costs and costs
genei-atiiig funds, all suppol't costs al'e part of the total expenditui-e dii'ectly i'elating to the
objects of the chai'ity.
There were no costs in tliis year of generating funds. As a Pi"oject Based chai'ity, the cost of
managing and adininisti'atiiig each pi-oject is classed as a Direct Cliai-itable Expense.
Management and Adininisti'alion costs ai"e based on the cost of staff time spent on these
activities and includes salaries and an appi-opl'iate pi'opoi'tion of Cei-tain suppoi-t costs.

WALKWAY COMMUNITY ASSOCIATION
NOTES TO THE ACCOUNTS
31 MARCII 2024
Incom iiig i'esoui'ces
2024
2023
Grants i'eceivable
Depai'tiiieiit foi. Communities
The ExecLltive Office
Education Authoi'ity
Belfast City Council
Nl Alteriiatives
Halifax
Urbaii Villages
Awai"ds fol. AII
EBCDA
East Belfast Surestai't
Radiiis HoLisiiig
East Belfast Alternatives
CFNI
CED rLiiiniiig costs
ESP
62,030
51,979
44,631
35,832
6,840
3,413
3,248
2,750
2,440
2,000
1,250
575
54,622
58,485
30,375
36,350
4,116
4,527
17,250
10,250
1,980
7,950
1,500
1,402
Otliei" iiicome
Reiits I'eceived
Otliei. iiicoiiie
Donatioiis- Bloomfield Pi'esbytei'ian Cliurch
Other
25,859
545
1,800
1,230
800
2,446
350

WALKWAY COMMUNITY ASSOCIATION
NOTES TO THE ACCOUNTS
31 MARCH 2024
Resoui'ces expended
2024
2023
Admiiiisti'ative Ex
eiiditui"e
WagJes and salai'ies
Social secui-ity costs
Staff pension cost
Staff ti'aining
Rent
Watei. l'ates
Insui'ance
Heat and light
Cleaning
Repaii"s and maintenance
Pi'inting, postage and stationei'y
Teleplione
Coniputei" costs
Ti'avel expenses
Legal and pi-ofessional
Accountancy
Bank cliarges
Genei"al expenses
Subsci-iption
92,946
5,443
607
401
76,435
5,464
276
28
2,382
247
2,560
11,568
2,840
2,808
1,694
3,392
856
195
498
1,680
304
1,983
115
554
5,120
6,879
2,561
3,819
1,440
2,630
96
565
1,920
452
973
112
126518
10