WALKWAY COMMUNITY ASSOCIATION
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 IVIARCH 2025

WALKWAY COMMUIYITY ASSOCIATION
FINANCIAL STATEMENTS FOR THE YEAR TO
31 MARCH 2025
Page Number
Contents
Charity Infoi'mation
Trustees, Annual Repoi't
Iiidependent Examiner's Report
Statement of Financial Activities
Balance Sheet
10-12
Notes to the Accounts

WALKWAY COMMUNITY ASSOCIATION
CHARITY INFORMATION
Committee
Stephen McDonald (Chairpei'son)
Maiidy Lee (Seci'etaiy)
Violet Hudson (Vice Chair)
Nuala Symmington (Treasui'er)
Ann Grierson
Arlene Llewellyn
Andi'ew Steed
Janice Hill
Whilma Harvey
Catriona Mccabe
Colin Siinpson
Secreta
Mandy Lee
istered Chari
NIC 103713
Number
Accountants
Gavin Reid and Company
Unit I
212-218 Upper Newtownards Road
Belfast
BT4 3ET
Banliers
Ulster Bank Limited
Arclies Retail Park
Belfast
BT5 4AF

WALKWAY COMMUNITY ASSOCIATION
STATEMfiNT OF FINANCIAL ACTIVITIES FOR THE YEI AR ENDED 31 MARCH 2025
Unrestricted Restricted
Funds
Total
Funds
Total
Funds
Note
2025
2025
2025
2024
Income and fi xpenditure
Incoming Resources
Gi'ants I'eceivable
Other income
177,253 177,253 216,988
Total Incoming Resoiirces
49974 177253 227227 245192
Resources Expended
Project expenditui'e
Administrative expenses
49,250 106,687
162883 126518
Total Resources Expended
212 133 233 205
Net Incoming Resources
for the Year
15,094
11,987
Unrestricted Fund Balance Brought
Foiwai'd at 31 March 2024
Unresti'icted Fund Balanoe
Carried Forward at 31 March 2025
020
Thei'e were no recognised gains or losses othei. than those included in the Statement of Financial
Activities above.
The Notes on pages 8 to 10 form pait of these Accounts.

WALKWAY COMMUNITY ASSOCIATION
BALANCE SHEET AT 31 MARCH 2025
2025
2024
Cu rrent Assets
Gi'ants outstanding
Prepayments
Other debtors
3,740
2,625
41
2,913
8,454
6,406
Cash at bank and in hand
56,329
46,091
Current Liabilities-
Amouiits fi alling Due within One Year
Grants received in advance
Grants to be repaid
Creditors and accruals
1,622
358
1,000
6,252
114
Net Current Assets
Represented by:
Accumulated Funds Account- Unresti'icted Funds
Revenue sui'plus
02
These Financial Statemeiits are signed on behalf of the Committee as a result of their appi'oval by the
Committee at theii. meeting on 9 Septembei. 2025.
(Chairpei'son)

WALKWAY COMMUNITY ASSOCIATION
NOTES TO THE ACCOUNTS
31 MARCH 2025
Accounting Policies
The Principal Accounting Policies are as follows..
These Financial Statements are prepai'ed in accordance with the Statement of Recommended
Practice "Accounting by Charities" issued in October 1995 (Revised 2002), and applicable
Accounting Standards.
Accounting Convention
The Accounts have been prepai'ed under the historical cost convention and in accoi'dance with
applicable accounting standards.
Basis of Accounting
Revenue Grants al'e credited to the income and expenditui'e account on an accruals basis.
Restricted Funds
All Grants which specify a purpose foi. the Gi'ant, including Core Grants, are included as
Restricted Funds. It is the Association's policy to meet all Restricted Fund Deficits by transfei.
fi'om the Accumulated Unrestricted Funds.
Resources xpended
It is considered that, with the exception of management and administration costs and costs
generating funds, all support costs are part of the total expenditui'e directly i'elating to the
objects of the chai'ity.
There were no costs in this year of geneiating funds. As a Project Based charity, the cost of
managing and administi'ating each pi'oject is classed as a Direct Charitable Expense.
Management and Administration costs al'e based on the cost of staff time spent on these
activities and includes salai'ies and an appropi'iate proportion of certain support costs.
10

WALKWAY COMMUNITY ASSOCIATION
NOTES TO THE ACCOUNTS
31 MARCH 2025
Incoming resources
2025
2024
Grants receivable
Depai'tment for Communities
Education Authority
Belfast City Council
East Belfast Surestart
EBCDA
Halifax
The Executive Office
Apex Housing
James Brown Community Fund
Nl Alternatives
Urban Villages
Awai'ds foi. All
Radius Housing
East Belfast Altei'natives
63,092
57,334
30,141
8,321
7,260
5,000
3,021
2,084
1,000
62,030
44,631
35,832
2,000
2,440
3,413
51,979
6,840
3,248
2,750
1,250
575
216988
Other income
Rents i'eceived
Othei. income
Donations - Bloomfield Presbyterian Church
Other
29,600
17,824
2,000
550
25,859
545
1,800

WALKWAY COMMUNITY ASSOCIATION
NOTE4 S TO THE ACCOUNTS
31 MARCH 2025
Resources expended
2025
2024
Administrative Li x
enditure
Wages and salaries
Staff pension cost
Staff training
Water rates
Insurance
Heat and light
Cleaning
Repairs and maintenance
Printing, postage and stationeiy
Telephone
Computer costs
Travel expenses
Legal and professional
Accountancy
Bank charges
Genei'al expenses
Subsci'iption
19,391
923
209
1,483
5,409
16,562
3,386
4,282
2,187
2,147
101
45
1,547
2,100
425
2,485
201
98,389
607
401
554
5,120
6,879
2,561
3,819
1,440
2,630
96
565
1,920
452
973
112
162 883
12