Charilv rLbi%iraii(>n nuinbLr'. N IC1037?4 Traad, Ballyronan & Ballindery Development Association kn()wii a% Tabbda .4nnual RLPUrt and P inaniial SidtLillLnl> lor IhL. I'ldr L:ndLd .1 l D¥¢LmhLr ?Ii• J Traad, Ballvronan & Ballinderry DeTr'elopment Association knoTh'n as Tabbda Contents (continui'd) R¢'fLfLllcc dnd Adminl4lr(Ili￿L t)Li4ii1s '[ rus1¢'cs' RLPOrt ?103 Siaiimlnl ()f Tru*tL'L'* RL4P()ll%ibililiL' IndiPLndent Lx4iminLr'% RLPOrt SiaiL'ni¥nl ol. Financial A¢iiviiies 6107 IldldnLL' Shi¥t NutLS 1(Tr IhL FinanLial SiaiLinLni Traad. Ball>'ronan & Ballinderrv Deielopment ,Association knO￿n as Tabbda Reference and Administratii'e Details Chairman Mr Fionlliaiii Dei'lin. TruslLe Trustees rs Marl, I. D¢N'lin. Trustee Mr Pc2dd J ML lior. Tru51ee r Mike Muldoon. Tru51e¢ r Adrian Mi L:IhonL.. TruslL'L Mr Thoinas Mc Elhone. Trustee Ms Siobhan L-orcoran Ms Anii Mc Vey Nlairead Jones r Peier Buil¢r enior Mxn#Rcmcnt I l.e#d¢ryhip Mrs Mai? l- Dci'lin. CEO Ti'am Charit% Rc'gistratiibn Number NIC103774 Principal O￿lCe 135A Sh()rL Rudd Bally'runan MaghLrJlLIt C-i) t)Llry ii-r45 6JA Independent Examiner J A Mc C'lcmcnts & Cn Indep¢nd¢n( P.xJminL'r lJnit?$11 BallN'mena Business C entre 6* 1.cnab)li)' lioad IlallyiiiLna C-o kllliriiii BI'4) IFL Traad, Ball)'ronan & Ballinderrv Dei'elopment Association known as Tabbda I"rustees' Report Thl iru.4tlL% pfLSLnt thc annual rLport t(IgLihcr ￿'11h thL finanLldl sldlcTIILnl% of the chdrity Inr IhL yLdf Lndid .31 DeceinbLr 10?4. Objeclii'es And #ctii'ities ObjeL'i.i und aim.% "l-hl ObjcLl% ol. Ilic A%sc)Llalion arc.. I) tc) riliiL PO¥LrtJ ILknL%% and ihL and ici promvlL (hL bLnLfil of Ihc inhabi¢an(% ol- IhL TRAAD, BALI.YRIIN.4X & BALLINDF.KRY dislriLt drla ul. (o D¥rry an(i ils ini"irons wilhuul dislinLlion ol- agFI,%LI.raLL'. POtitiLal,r¥ligriuu% or uthLr opinion. by d*.%OLiaiiing ihi 5tdtutcTrry duthoritiLS. voluntdry (Irgyani%ali()ns Jnd inhabiianis in a c(Irnman il'l(In to adi anLL idiildticin. and lo proi'idL laLiIiiiL% In thL IntLfL%I 01. sncial WLI IdfL lor riiriatii)n or oihcr ILi%urL'_11inL I)¥LIIPdiion. NN"Iih thL obJLL¢ ot improi'iiig thc Londiiions ol. Ille lor ihe said inhabitants ?) 10 Lsiabli%h i)r io %eiure (l)L' L5tablislinieni of a CoTnmunil)' CarL ICLntrcl and lo iiiaiiiiain and Inanag)e. or io cc)opcraiL Il"ith aiiy local statuiorv auihorilics in ilie maintLnancc and managFiinini ol- %u¢h a CLnir¢ f()r avllk'ltic prc)mulLd by IIIL As%oLiaii()n il LonsliluLnt budi¥% in furthLranLL L)r ihi abO￿l ubjLLI ThL orgianisaiion mainuin% d Lummunitv V¥nuL. li diVLlup% a ￿hl)lL I'ariLly of Lummunily urLvanisalion% wliich Inak¥ U.4¥ ol- thi ￿LlluL. li LlliiTrura&i% all aLJL gTroup% lo bLLomL inN Iui'Ld in thL lili ol. thL Lomii)uniiK.. It a IoLal youth Llub. a luial drama LFfoup, d li'()mLn'% gJrc)up. a niu%iL Lyroup, a danLL group dnd a Pin%iunLfs Llub. It ()rganisLS W(Irksh()P% and ilasSLS. ILLiufi% Jnd ¢alks (in ihLmL% ￿ hiih hail bLLn rLLIULbtLd bN' I drii()u% griiup.%. It pro￿ idL% wi¢kls' luncheon cllib lor the ¢ldLrly dnd ho%1% d monihly old iimc ddncc tor Lnthii%ia4ts. It works cIcisLI)' Ivith IhL IoLal C'i)unoil and oihir communii). nLtwok% 10 cnsurL ¢hai the communit). 15 fLprc%cnidtLd at all levels. li is a ¢hrii ing i'ibrani organisaiion. Public. benefii I'IIL I'ru%l¥L4 ivnfimi thai IliLy hawL ruli dnd organi%Ld all L¥Ln(.s ai ThL Klarina QLnirL 117.4 SIIL)fi R(l(Id Ballvr(TrndTI lor ihL bLnLlit u1- IhL Inhabitants ol. Traad , Ballyr()nan and ballinddlny In aLiLiradanL¥ I￿1{h thL conslllullon. ThLrL JrL man). piibli¢ b¥llif115 IlowiiiiL Irom Ihc actll'l11¥i ol- TR.4.4D Ballj'ronan & Ranised bJ' IhL' Association. Tlie general public benefit froin the danLL'S. thL educaiional clasSLS, Ihi crali workshops orgYaiiisLd bs ihc Asso¥ialion. Local cultural giroup% %uih as Ihc CCE nd Iriili dan¥inLJ Llas5 bLIiLlit Irom haviin¥ d VLIIUL ￿hLfL ihLJ pfdLIiLL and PLrfonii. Thi 4ld¥rK b¥llLfii from thi PLnsionir% ('lub ¢ind IhL' various oulingF% drrdng'Ld by tlii A%SOLiation on tIiLir bLliJll-. ThLy also bLnLfii Iri?m thL WCLkly lunLhL()n Llub whlfi thL Lldirly arL br()ugFhi [(} th¥ LLnirL by ¢()mmunily tran%p()rt w hLfL thLV can akail Ir()m d %ub%laniidl hot mLal. l.()ial w(IinLn bLnilii bccause ihLy' ha¥L a iLlluL ti) miLt in IhL I()Cdl '"(ImLn'% (Jroup and Ihn%i ii)ILrc4tLd iii music and drama bLnLlil by hai'ibg a wcll equipped 4nidll theair¢ bnih I pra¢llLe ptrlunn to IhL gieneral public. Bcrcai'cd familiLs benefii from (hc lacl iliat Ihey hafve a venuc for fun¢ral diniicrs and a meLlinb place where Ihi5 ian %ciiiali%c. -fiiL hLIILlIt% all iasily mLa.4ufid b! th¥ nuIiibLrN allLiidiii! the JiliN'iliL% of Ihc a%soLidiLd orgFani4aliun% IinkLd to th¥ A%suiidliun. ThL. Alsuiiation dlso LarriLS out rigular LNaludlions of it4 J¥t1￿11$¢4. mL¥l% wilh th¥ Loinmunilv urgFani%Lrs to hold loiu.% gvr(TrupN. ThL Yuuih L"lub hoTrlds L'VdlLJdtii)n.% of all iti JIIIK iliLS and mu.4t uf thc Louf%L% and Lld55CS are moni(urcd and Li'aluaicd at thL cnd of eaLh Icnn. ther¢ 1.4 no h(Inn Ilow'inb Irom IhL%L PLifp()%i%. Thc Iru4icc% conlirm ihdl thl! h(?I'L compliLd Nvith thc rcqiiiriniLnt% ol- Ihc Charitics Act i %i)rihLrn IrLlandl Illllx aiid IhL ChariiiL% l.ILCOUllt% and RLP()art%l RLgTrulaiii)n% I X()nhin) IrLlaiidl ?1115 10 hdi'L duL fL?sTrard io lh¥ puhliL beiicfil guidan¢¢ published by ihe Charii), Coinmission lor Nonhem Ireland PJ¥¥ 2 Traad, Balli ronan & BallindL'rrv Dei'elopmenl Association knoTh'n as Tabbda Trustees, Rcporl (iontinued) iructure. ern#nce and manogemenl .%alure IJfAllJI'erniii%y diii'umenl Traad, FJallvrc)ndn & 13dlliiiderry l)l%irici L'ominunily. Divclopmeni AssoLiaiion is bi{)vemed by Constitution which revicw'cd and rcviscd on Ihc 26ih Jun¢. _015 F inanlial inslrumL'lIts Ubje¢'lii'e.i unrfl polii'ie.I ThL iliiirsl) s .'1111% Ill¥% i.XP()%i il 10 a numblr ol. Iinancial ri%k5 inLludin&F LfLdii risk. Ld5h fluiv ri%k lind IIqLiidity risk, ThL LISL uf lindn¢i' i(} IhL IiiiilllL Idl ri%k% i)I' LhaiigTL4 in l(IrLlbTIi LiirrLIILy LXLhdiigiL fdll Jnd iniifi41 ralLS. ThL Lhiiniy 114L4 li)rLibin Lxchdllg?L lonvard conlrdci% diid InlirL%l ralL %WdP conlr¢lCl% ia hLdbyL IhL%L' Lxpusiiri%. Ini¢ri%l bLaringp and liabilities are hL'ld ai lixL.d ral¥ lo ¢'nsurL' i¢'rtainly of cJ%h IIuws. C redii ri.%k I'hL Lh£irit J, s prinLipal liniillLidl U%4Lt4 dfL bdnk bal¥inLL4 and La4h, IriidL dnd i)IhLr rLLLl¥'ublL%. dnd invLtsimLll(s. ThL Lhdriii. s LrLdil riik is prim(Irilv dltributahlo In It% irJd¥ fiLLIVdbl¥s. Th¥ amiiiinil Pl'LsiniLil In ihl hcilcillLI .4hLii arl nLI ol. all()Il'iinci% Inr d()Iihilul rLCLiI'dhlL%. An al Iow'Ji?LL l()r inip(*inllLni 1% rriddL ￿ h¥fL IhLrL 1% an IdL'nlili¢d li)55 LVL'ni which. basl'd c)n prei'ious e.xperiLnL¢. is ¢vidince vl. a rLdii¢lii)n in the re¢oN'Lrabilily ol- IhL Lasli IIOH I. -h¥ iridil ri%k un liquid fuiid% and dirii'alivi 11iianLial in%lrulllLnls 1.% Iiinil¥d biiau%i ihi couni¥rpariiL% arL l)dnk.% wiih hi¥TII LfLdit.rdiiiibi% d4sib*nLd by iiilLfiiaiioiiJI iridii-r(Ilii)¥P d¥tinLI¥%. 'I'IIL Llidriiy nv *igpniliLant Iliniinirdliun ol. LfLdit risk. will) ¥.Kpo.%uri 4p￿.411 ovLr d liirgi nuinbLr uf ii)uniLry)artlL% dnd iu4t()mLrs. Liqiiidity, ri.IA Iii oi'dLr io iiiainiain liquidilv to ensiire rhai sullicient liinds are ai'ailable for ongiuing OPL'rtslion% and fulu dcvLlI)pinLnis. 11)L Lharil%' U4L% Kl mixlurL ol. Iuii¥i_liri)i and s1iurt-ILriii dibi linanLL. l.urihLr ditailb rLgardin¥ liquidity ri%k can bl l(iund in IhL SidlLmLni ul- tiLLouniing' puliLics in ihL IinanLial 141LmLnls. Tli¥ aiinudl rLpun Jppriivld by ihL Iru%lL¥S of il)L Lhdrily un 7 DLLLinbLr ?U2.f and sigFnL.d uii its bLhdll' by.. Trusicc PagL 3 Traad, Ballj'ronan & Ballinderrv Del'elopment Association knom'n as Tabbda Statement of I"rustees' Rcsponsibilities ThL tru%l¥L4 afL rLSP17nsiblL f(>r prlP￿lrI￿￿Y ihi Ini%lLLS fLP()ri Kind (hL liniinci.ll st¥ilLmLlli% Iii aLLI)rddnLL Ii'iih thL L'iiiied Kinbdom .QLLI)unting Siaiidards l L nii¢d Kinbdom (iLIIL'rally ALLLpied ALcountinb Practice) and appliLablL' law. and regiuldlii)i)%. Tlie law. applic3hlL li) charilics requires 11)c tnist¢L'% to prepare Iinancial siaiemen15 fur each finanLial vcar whicli YIVL a IruL aiid fair k ILW u1- Ihi %lJlL l)f dlTairs of th¥ ihJril>' dnd uf ihL inLuming rL%()ufLLI aiid dppliiJiion uf rL%uufLLS ol. lh¢ ihiirily lur Ihal plriod. In prLpariiiu Ih¥s¥ I InJnLial slaiLillLnl%. IhL IfuN(LLS afl fLquifLd to.. ILLI iUi141blL aLLuuniillg poliLli% and IhLn apply. Ih¥ln ¢on4i4lLnily.' L)b.4¥fv¥ IhL mLiliod% and princ iplLS in IIiL ('hari(iL% %()RI': mdkL judgi¥inini% lind L'N(iiiiJl¥s Ihai tirL rLaiundblL dnd prudinl; 4ldlL whiihLr appliiabli aLLuuniing> Nl(Inddrd4 havL biLn lolluwLd. *ubjLLI tu any IMdlLridl d¥PiinurL dill lu%id and ¥xplainLd ii) IhL linJi)i i(Il %ldlLin¥nis.' prLpdfL IhL linJnKldl %iaiLmLntS L)n illi gpuing Lull¥Lrn bJ%i% unlLs4 li 14 iniipprupridtL tu prL'¥um¢' Ihiil IhL ¥harily ￿ ill Ll)niinui in hu%inLS%. -I'hi iru.%tL¥% arL fL4pvn4iblL lor k¥¥pin& pr()riLf diiountinyi rL¢ords Ih411 di4i1114L With rLa4undblL aLLufdiy al any 11inL lh¥ linanLial p()%ilion ol. (hi Lharity Kind LliJhlL th¥in Ii) ¥n4urL thdl thL linanLidl %lalLlliLnt% ci)niply w ith Ihi 1)11slllllll()n. ThL Iru%lLL% dri il%() rL4PI)nsibli IL)r s￿21lbil￿rdln&l IhL ¢1%sLl% i)I' Il)L Lhal'll￿ and hLli¢L lor iakinb r¢as(11)4ibli slLp% fi)r ihL' prei eiilion and dLIILiiun i)I' Irciiid and oilil'r irr¥giulariiies. 'l-he Lru.siees are re%poii4iblL' for the mainllnaiiie and integrity of ihL' corporaie and IinanLial Inlonnaiion inL ludLd 01) Il)L Ll)drilabl¥ iiiii)Pilll> s ivib%ilL. Libii%lJlivn biu¥Lrninb Ihl pripardliun dnd di%%Lminiilion ul. liiiJnLi411 *lalkmLnls InJy dilliT Iroin ILgisla(iun iii uil)¥r juri4diLIiuiiN. AppruvLd by ihi Iru4lLLS of ihL Lhariiy Ibn 7 1)IlLinbL'r *0?5 and %igin¥d Lin 114 biliaif by.. Mr% Nldry l.. Ll.lin Pag'i 4 TrAAd, Baltyronan & BAIIIDderry Development Assoeiatlon known Tabbda Independent F.xaminer's Report to the trustees of Traad, BAllyronan & Ballinderry Development AsyoeiAtion I r¢port lo the truste¢5 on my examination of the a¢¢ounts of B&llyTollAn & Dallindery Development As8oLialion for the year ended 31 December 2024. Re5ponslbllltleJ Ind basls of report A8 th¢ charity's InLStees of 'l'raad. Ballyronan & Flallinderry Development Associatlon you are responsible for the preparntion of the u¢counia in ttCLtsrdancc with thc requirements of the Charities Act (Northern Ir¢land) 2008 ('tr¢ Act,). I report in respect of my exaininalion of the Traad, Ballyronan & BAllinderry Developmenl Association's uunl8 carried out undw section 145 of the 2011 Act and in carying out my examlnation I hav¢ followed all the applicdble Directions given by the Charity Lommission under The Chariileg Act (Norlhern Ir¢lRnd) 2008 And Th¢ Charitios (Accounts and Ropurts) Regulations (Northern [rel￿)d) 2013. Independ¢n¢ ¢x*mlner's stst¢m¢nt I have oompleted my examination. I contirni thai no material matiers have come to my alt¢ntion in conneclion with th¢ ex8Jninalion 8ivin8 m¢ causc tu believe thai In any malerl&l resped: accounting records w¢re not k¢pl in respect of I'rnad, Ballyronan & Ballindery Developinent A&8uciution ag wulrcd by The Cl)Ivilics Act (Northern Ireland) 2008 and The Chhrities {A¢counts and Repons) Regulations (Nurthern Ireland) 2015, or 2. the a¢wunts do not accord with those record8; ()r 3. the a¢¢oimts do noi comply wirh the accuunting requirements con¢¢niin8 the form and conlent i)f accounts set in the Lhariii¢5 (Accounts and Reports) ReBulatiOn3 (Northern ITeland) 2015 other than any rquiremcnt thai Iho aLL'oiinls give a 'true and falr vlew which Is not a matter eolliidered as part of an indepcndcnt examinalion, I hovo no concerns and have Come across no olhcr mftll¢r8 in connection with the examinailon to which attentton hould be thawn In this reN)rt in order lo enfible a prO￿r understonding of th¢ acwunts to be reached. Jam¢s A ny Mc Claments Independ¢i)i Exainiiier lJiiiQ5EJ f4allymena Bu¥in¢98 Ceiitre 62 fenaghy Koad (ialgorm Dallymena Co Antrim BT42 1 FL 7 Deceinber 2025 Pagc S Traad. Balli'ronan & Ballinderrv Dei'elopment ilssocialion know'n as Tabbda Statement of F inanii#l Actii'itie5 for the Year Tr-.nded .11 December 2024 I,"nre¥lrietL.d funds 2024 InLI)me #nd b.ndnwmeni4 from: 11.495 11.41)5 In%'LStlllLnl inLL)mL -rulal inlonii Elpt'ndiluri. On: Kai%iii¥ luiid C'liJri¢ablL dltivilils ihLf LXPLnditur 1).405 15.Y66 16111 1•.41151 15.()661 'I'oldl LxpinditurL 1%,4311 IX.4.311 NLI InLolliL i.!00 NLI I11(}￿lIn￿ni in lund J.)uu RccDncilialion of fundi l otdl luiid% brvublil lorward 3S,1111 35.1141 Toldl funds LarriLd Ionidrd 314.IN I I,. nrL'%trict¢'d 2112.1 Inc(>mc' #nd >'.ndi)wnii'nls fri)m: Cl)arilablL aLIIViIiCS IX.l(In 4X InN'i*linLnl inL(TrI)IL 4X 'rvlal iiiL()i)Ic IX.4?5 IX.4!5 Expiindituri, on: liai.%inb liind% ('lidrilablL aLIiviiiL 15.11561 16,54%) 15.11$61 16.-$4MI Tolal LXPLndilure NLt ini(ImL fF,X* I ().X!I NL'I InovLmLnl in lui)ds Rec(bncili#tinn nf funds Toidl lui)ds broligihi lurnard 'I'otal lund% L(IrriLd lurw'drd 3S,181 All ol. IhL Lharily'5 aLlii'iLiL% dLrivL from coniinuin¥ opiraliuns duriny ihL' JbL)%'L Iwv PLri()d%. Thc rtoies on pagJe$ 9 to 19 fonn an integTrral part ol- these tinancial slatements. Pa¥L 6 Traad, Ball) ronan & Ballinderry Dei'elopmenl ,Issociation know'n as Tabbda Stalcment of Financial ..ICti￿.1tle5 for the Year Endcd .31 December 2024 (continued) Th¢ fund% hrLakdowm for !0?3 1% ￿hO￿n in nuli The notes on pag>es 9 10 19 lonn an inlcg7ral pan ol. these linlincial staiem¢n(s. PagL 7 Traad. Ball) ronan & Ballindcrri. Del'elopmenl ilssociation know'n as Tabbda (Rcgistralion number: NICIO.1724) Balancl. Sheet 115 at 31 Decl'mher 2024 2024 2U23 F'ixl'd assets aii4Jihl¥ Js%11 7?0 56 C-urrent asscls l)Ll)ioi' -i.7_i 5 43,SL)L) C alli Ji bank and in hai)d 411.114h 44.411 Crcditnrs: ,Imnunls fullinkj duci wiihln i)ni' ii'mr 19 et Lurrenl oSSlht$ 3(1,7U4 35.125 LII 11¥SL.I 17,4?4 unds ()f thc. charli>.: [ Inrib4triLlI.d inci)me fund 17.4?4 I f)lal fund The financial stat¢ni¢nis on pabi¢s 6 10 19 were lippro￿ld by ihe Ini%iees, and auihori%id lor i5SUL' on 7 DLLLmber ?0?5 4ind Sibynld ()n Ilieir b¢l)all' b>.: 1r% 11:IrJ W .l)¥i lin The notes on pagics 9 to 19 fum an integyral pari ol. IhLse financial statements. Traad. Ball)'ronan & Ballinderrv Dei'elopment ,Issocialion knom'n as Tabbda Note5 to the Financial Statements for thc Year Lnded 31 December 2024 Ilccounting poliLies Statement ol. compliance -l-hL IindnLial %tatilllint% haiL bLLn prLPdfLd in aLLI)rddnLL W'lth ALL(ILlntinLy anLI RiP()rtin¥ by ('hai'itlLS'. SialLminl ()I' RLCLiininLndid PractlLL dppIILablL t() LhdriliL% prLparing thLir acLI)unls in di¢()rdancL 14.ith thc Financidl RLPClrtillg Sidndard applildblc in lh¥ UK and Ripiiblii of IrLlai)d 11."RS 11121 (Liliclii'i l January *() l_il - Ic-hariiies SORP IFRS 10?11. lh¢ Financial Reponing Siandard appliLable in (he L K and Repuhlic of Irtland I l.RS I O? I c1nd Il)L ChariiiLs .4Lt (Nonhern Irelandi ?008 and "I"he Charitie5 IAccounts and Keponsl R¥lLiuIJiiLin% l NurthLm IrLlJiidl ?0 l j Lla5is of preparatii)n Tremenl of ini'estmenis and those iniurrcd in Irading? aLlik-iiics that raisl funds. Suppi)ri cvs15 Sui)pori ¢osl% inLludc CLniral tLillLlions and haK'L biln alloLatLd 10 actii'it). cos1 LalLgoric% on a ba%15 consislLnl 'Iih the usL' of resources. lor example. allocaiiiib pr()p¢n!' Lus15 b). floor areas. Lir per Lapiiil. Stcill. co41% by. IhL' IIIIIL, .%pcnt and £)IhLr Cost.￿ by thcir u%a4e. PagL 9 Traad, Ballironan & BaIlinderr￿. Dei'elopmL'nt L ssociation knom'n as Tabbda Notes to the Financial StatcmLnts for the l'ear Ended .1 l December 2024 (continued) crnthnce costs "FhLsL illLludL thL aitributablL to the chariiy % LomplianLL Wlth Lonstituiional and statuiory rL"quircmLnts. including aiidil, %traiLgFi¢ mandgFLmLnt and tru%tLes mLLiing% and rLimhursid CXPLll%i%. TaxatiTrn ThL Lharit>' is ion%idLfLd i(Tr pa%% thL IL.sIs SLI oui in PardbFraph I SLhLdulL 6 uf thL FindnLL ALI ?010 and IhLfi10i'L il IllLLl% ihi diliniiion of a iliaritablL iompaiiy lor I,'K Lorporalioii pufpo%Li. ALLordiiibFlv. IliL Lhdrily 14 polLniiJlly ¥Kimpt trum ta.¥aliun in rL.%PLLi ol. inLOlllL or Lapital gdins rLLLJ￿Ld within LatLgoriLS COWLfLd h J C-hap¢Lr .1 Pan I l ol. thL Corpi)rdiion "I"di A¢t ?{) I l) or SLillI)n ?56 ol- thL Tdxatinn (}*- C'h. ci)ni'irtihlL iu a kn()￿n dn)OLint ol- Cn% IÉ) Pdj. fi)r ¥(i()d% (Trr sLr￿lLL5 Ihdi h' ai (hL' IransaLlion priLL and iubsLquintly mLdsufLd al amorti%cd ¢051 Using IhL IITLCIIVL iniLrL%¢ mLthud. Pa¥L 10 Traad. Ball) ronan & Ballinderrv Dei'elopmenl Association knoTh'n as Tabbda otes to the Financial Statcment5 for the l'ear Ended .1 l December 2024 (continued) Borro￿Ing% Iiiiil'is1-bL' is In¢a%ufLd at Ilie pres¢lli value of ili¢ lulurc paJ'ii)Lnis diSLounied ai a niarkLI ralL ol- Ini¢resi for a siinildr dLbt in%lrumcni. Finani idl a%%Lts and lidbiliiiLi are only ol-f%Lt in ihL statimLnt of finanLial position u.hLn, anLI only u"IILn th¢rc cxi.%ts J ILgdllv LnlorLLablL ngFht to s¥[ i)11- IhL fLL(Ig7nisid din(iunis dnd IhL Lhdriiv iniLnds iiihir [() %LttlL on d nct basi%, nr lo rcali%c thc a.4%LI and settli ihe liabilit￿. simultanLou%Iv. Financial asseis are dcrecognised w.hen and only ￿'hen ai (he coniractual rigTrhis lu ihe cash Il(Iws from ihc finanLial asset expire or are ieiiled. bi Ihe chariiv iransfers lo anoiher parlv subsianiiallj all of the risks and r¥￿ard5 uf oi¥nL'rship of IliL finanLial a%5¥1. L)r Ll ihL Lhaiitv. dL%Plti hal'ing. rLldinLd %unic. bui nul all, signili¢dnt ri.%ks JiJd r￿￿d[d5 ofown¥rship. iraiisf¢rrLd Lvnirol u1- IhL a%iLI lu anoihLr pdn!. Finan¢i(Il IiabilitlLS afi dLfcLognisLd onlv whLn th¥ obligation SPLLIIILd in thL Lontrait is disLharbFcd. ianii IILd or Lxpiris. Tra8d. Balli ronan & Ballinderri. Developmenl .4ssociation knom'n as Tabbda otes to the Financial Statements for the Year Ended .1 l December 2024 (continued) Debi iiiitrumvMI.s DLbi inslrumlnls ivhiLh MLLI thc foll(>w'in¥ Lundilions drL subsL4ULn(ly mLaNurLd d( aii)urii%Ld Lo4t U*ing ihl. LffLIlii'L illiLrLsL mLihod.. lal The cnntraciual rL¢um to thL holdLr l i l a Ilxid am()Iini". {ii I d positii'e fixcd ratc or a r*o%ifI￿.L variahlL fdtL: or l iii l a cnmhinatinn of a pn.41lii c nr a ncbJatlVL fixLd rdli and a po%iiii'L K'ariahlc rail. Ibi The conlracr may proi id¥ lor repa)'n)eniN of tlie prii)iipal or the reiurn 10 the huldtr Ibui noi boihl 10 bL Iinkld 10 a %inglc rclLvanl i)h%crNablL index of gLllLral priL¢ innaiiiin lif th¢ LurrLnc) in whiih Ihc dLbi in%trum¥ni 1% dLnOTninatLd. prui id¥d %ULh links arL nL)i lL￿Lr￿¥Ld. ILI I"hL LontraLt may proi'idL lur a dLtLrniinabli variation ol- Ihi rLiUrn io ihL holdLr durin￿* ihl lilL ul- thL' inNtrumLni. prc)i id¥d thai Ill IhL ncw raiL satis11¢.% Ll)nditii)n lal and ihL I'drialii)n 1% noi ¥oniingLlli Lin liitiirL ei-Liii.% othlr Ihdn I I l a chdiibJL ()r ¢1 Colltractual i'driablL raiL: (_ I In prn(LcI IhL holdir ag)din%l LrLdil dLliriordtion of th¥ i%%Licr.' I I I change5 In le%'i¢% appl ild by a cenir11 bank or arising from ihang)e% in releK"ani iaxalicin or law: or (li I IliL llL w rai¢ is a mdrkL"t ralL ol- IniLr¢si and saiislies ic)ndilion lal. Idl TIILrL 1% no LontrdLludl pr()￿.1%1()1l Ilidl Lould. b¥ il% ILnn%. rL%uli in (hL h()Idir l()%in¥ thL prinLipal ainoun¢ or dn). iniLrLs1 aiiribuldblL lo iIiL LurrLlii pLrii)d or prior PLriods. l¥ l ("(?ntraLIu(Il pr(ii i%ii)n% Ihdl PLmiil thi i5SULf ii) prLPJy a dLbt insirumLni É)r PLnnii thL hi)Id¥f i() pijl it bdLk t() thL 14%ucr bLlore mdiuriiv arL not coiiting)Lni oli IuiurL ¥K-¥lli4. oihLr than tc) pr(ItLLI thL h()IdLr agiiin%t thL cfLdit d¢ierioraiion uf ihe i55UL'r or a chang¢ in conirol of the 1s%u¢r. or to prc)ieci the holder or 155uer aLJainsl LhangTe5 in leN'ies applied by a Leniral bank or arising froin changes in rele￿.a￿l taxation or law. 111 ConlraLlual pruvi.%iun% iiiay PLrnlii ihi LXtill*iun uf lh¥ ILmi {)[ IhL dLbi inslrumLnl. providLd ihai IhL fLILlm lo Ihl holdLr and anv oihir i()niraLtual proi'i%iun.% appli¢¢ibl¥ during ihi LxlLndLd ilm Sdlis1}' IhL Londilions 01. pdragTraphs lal to ILI. cht in4tnimLnt% thdt arc cla%%ilicd as payahlL or rccLivablL W'lthin onc ycar on Iniiial rccoLFiiiiion and which mLkl th¥ abvi L conditions arc mLdsurcd at thi undiscouni¥d amount of thL cash or othcr coiisidLraiion LXPLcl¥d to be paid or received. net of impaimieni. 'iili Ihl LXLLplion of %oini hidgJingJ in%lruminib, OthLr dlbt in%iruinLnls nol tnLLliiigp thLSL iondition% arL mL4liufLd ai fdir valuL IlirouLyh prulit ur lo%s. Cnmmitmlnts ti) makL and rLLLiI'L Ii)an% w'hiLh MLLI ihL Lunditii)n.% mLnlii)ncd dboNL arl m¥a.4urid at L05t Iw'hiLh may bL nil I Ic%% impainnlnl. liive.%lmenl.I In￿e￿linlnlts in non-LollvLfiiblL prcferenL¥ sharLs dnd non-pullablL ordinarv or prifcrLnLL sharL'ts IwhLrc share ar¥ publiLlv IradLd or thLir Idir valuL 1% flliably InLa%urablLI arL IllLaburLd dt fair % Jlui thruugih prolil or lus5. 'hir¥ fair valuL Lannoi bl mLa%urLd rLliJbly. Ini L51mLnis arl mLaSufLd al Lo%1 ILSS iinpainiiLnl. Iiii'c.%tmcnts in %uh4ididfiLS dnil assoLiaiL% afL IllLdSLir¢d at cost IL%4 iimpiiimiLni. For iiiNc%imLnts in %uhsidiariL aC4uifL.d lor considLfiilion includingtr IhL i%SUL ol- sharcs qiialilvinTh lor mif¥ir rcliLI-. c051 is mLa%iirLd by r¥lLfLncc lo the noniinal value ol- Ihe shares issued plus fdir i alue ol. other consideraiion. Any prLniiiini is Fni)red. Pd¥¥ l? Traad. Ilall)ronan & Ballindcrrv Dei'elopmenl Association know'n as Tabbda Noti's to Ihe Financial Stalcments for the I'Lar F'ndcd .11 DL'cembcr 2024 (continuL'd) Deriv'uiive]iiiunL'ial in.iirMm*nl.I 'I'hL LhJrily U%LN Llirii'aiitrL l inaniial in%lruinLiil% 10 r¥duiL ¥xpu%ur¥ to lorLigll LXLhaii¥L risk and intLrLsI rail Inuviillinl%. I'hL Lhariiy ¢JuL.% nul hold ur INSUL dLriiJliNL IinanLiJI i1islruinLnl.% lur NPLLuldlivL purpu%L%. l)LfiK'4111l'L% arl iniii¢illy rLL(i¥*ni%LiI ai lair i'aluc dl ihc dalL li dLrii'dtiVL Cl)nirdLI 1% Llli¥N'd into ¢incl dri uhsLqLILntly' rLmL￿1￿L1fLd io ihLir liir i'Jlui J¢ L41Lh ripoflinb daiL. Th¥ r¥siiltlllb ￿1￿1717 nr rLC()gpiii%id iii SldlLniL'lli IFI- linanLi1i I dLlii'ilics imm¢di2L 14ly unlL4S the dcriN'atiN'L is d¥sibTnal¥.d ind LIILLlii-¥ as d hLdgJin inNirun)Lni. iii i¥'l)iili Ll-L'ni IhL limin&y ol. Ilie r<¢ogiiiition in stalemenl ol. finanLial aLtii'i¢i¢s depends on Ihe naiurc i)I' Ihi hLdgi ri laiii)n%liip. 'dir i'aluv meu.iuremi*nl 'hL b¥%1 li Id¥ni¢ Ill'1-;12r i'¢iliiL is .1 4ll()ILd priii l(Ir an IdLniiLdl in Jn Jilll L In'irkLI. il.'hLn 4LI()tLII priLL iifL ulldl'ailahl¥. thL pri¢i lil. a riLLnl trJn%JLllI)n l()r an 1d4niiiJl pfL)i'id¥% Li'idLIILL lil. Idif K dlLIL d% l()i)¥ a IhLfL h41% nol bLL'n a %ig?iiiliLant ch:Ing>L In ¥coni)niiL LifLiiiii%IJiiLL% or a sig?niliLiini IdP4L ol- limL' SIIiL¥' Ihl tTaiisaLiion look plaLL. 11- IliL mark¥1 1% 1101 ai(iN L and TLILIII IrdnidLlions i)I' an idLniiial a%%ei on Iheir om'n arl noi (I bl()od L%iillidlL C)l- lair valuL, IhL Idif VdluL' 1% k.%iilliaiLd b>. u%inbi a valuaiion I¥Lliniqui. 2 Inc()mc. fr(Im ch#rli*bli' IlLtli lili's l.'nre4trirtcd (pl'ni'ral funds utal fi)r 2023 17 -1 I nLomL, fri>m oih¢¥r tradinki activitiib$ I'uiid% (•enc'ral 'I'rdding inLumL' Ill. gy()(?ds and %Ln'lllS 216 Oiher eN'en15 illLome Local lundraisinbi and %lre¢t colleciioii inLome Prupeny rental inLuinc ()Iliir ii)coinc from oihlr Irading aLii¥ilie 1,414 6J 7.hll 1.414 ¥63 7.hO? 1.401 '1 nditure 7 ()ther eipendiiure I'nre5tricted l-()tal lund5 Gcnerxl Qihir rL.4()urLLS CXPLndcd fio 60 Total for 2024 611 IS ,Indl!"sis of %overn3in£v and support Costs Cjnvernance costs I,'nrestricied fund% Gcncral l-olal fund5 IndLPLndLlli Lxaminlr fLL Exdminalii)n ol- thL" linancidl %tatcmLnis Mark¥liii¥ and publicity Othir goN'ernance cosis 3Ui 200 5.461 305 200 5.4fi1 Tntal for 2024 .966 5.966 Total for 21123 6,548 6.548 PabL 15 Traad. Ball)'ronan & Ballindi'rrTr' Dei'elopment tlssociation knom'n as Tabbda ote5 to the Financial Statements for the l'ear Ended 31 December 2024 (continued) 9 Gobernmenl grdnts RLI Liiuc Grant rcl¥asLd b). t)Lara in rL5PLLt ol- auihorisid ¥xpiiidiiurL incurrld by ThL A550Cldtion The amouni of grants recognised in ihL' linancial siaiemenis was £-11023 - LNil l. l O Cirant-makin2 ,Inal!si5 of %r9nis Tl)e suppon i0515 associated w'iih gTranl-making are LNil 131 Decetnber ?0!3 - LNill. I l N'et iniuminkJ/out%oing rvsuurces Nei inLoniing resources Ior the ve2r Include.. 2024 12 Trustees remuneratinn and eipenses Nu IruilLLS. nor any pLr%unJ iunn¥Llid wilh tliLm. hai'¢ r¥i¥ivLd iiny rL'munLralion Irom ihL Lharity duringt ihL ycar. No Iru4lLL% haN'L fL"4Lii'Ld dny othLr b¥llLfit% Irom the Lliariiy duringTr thL yLdr. 13 Si4t't' co%1$ ThL aggrcgTai¢ Piiyroll L()S15 WLf¢ tul1v￿￿'. 202.1 Staff ci)sls during thc ￿'Car M"i're: Oiher siaff cosls 1.6fii N() cmpl()y41 r¥LLiI'Ld emolumLni% i?l- morL ih(In LhO.OQO diiring Ihe yldr 14 1ndcpi'ndLnl cxamioi'r's rc'muncr8tii)n 2024 2n2.1 Examinaiion of ihe finanLial statemen1% Pa¥L 16 Traad. Ball)'rnnan & Ballinderrv Dl'i'elopment Ilssocialion known as Tabbda otes to thc F inancial Statements for the l'ear Tr"nded .1 I DL'Ci'mber 2024 (iontinui'd) Thl Lhdrily is a rcgislLrcd charity. and is thirilorL ¥X4mpi Irom taxaiion. 16 '1'#nkwiblc. fixL,d asstbt Furniluri, llnd c'quipmi'nl Ai l Jdiiuary ?0?4 Addilion 77.859 81 ? ?7.¥SV At 31 IJLLLmbLr ?0?4 ?X.(171 IX.()71 cprcLIMlion Ai l Jdiiuary ?11?4 17.L)il ?7.451 A¢ .1 I I)LLcmbLr ?1}?4 7.9.51 '¥1 b<)i)k % aluL' AI JI l)LLLmbLr ?1114 7211 7211 At .1 I I)LCLmbLr lUI.I iy:) IL)? 17 1)¥hii)rs 2024 18 c.ash und cush i'quii'alc'nls 21124 2112.1 C"a%h at bdnk 19.10 Out uf balanLL lo C a%li and %hurt.tcrni dipii%ils LatLglOry 173X 173x1 1 g Crc'ditur¥: #muunts fulling dui. M ithin onc vi'ur 21J24 2n2.1 Trdd¥ crLdil()rs 10,075 .665 PagL 17 Traad, BallN'ronan & BallinderrN' Del'elopment ,A550ciation knoiTr'n as Tabbda otes to the Finaniial Statements for the I'car F.nded 31 December 2024 (continued) 20 Tr-unds Haldncc at.11 Di'cL'mhL'r 2024 BalAnLL' #t Januari 2024 Inioming rL'sourci's cxpi'ndi.d Llnre5tricted funds Cieneral .35,lYI IX.4311 -3X.-381 B#lance at .1 I DL'cembcr Balance ai I Januari 2023 Incomill2 rcsource5 Rcsources eipended 2U23 UnrestriclL.d funds GLneral ?8.160 21 ,InalTrsis of nel asscts bcl*een funds L'nrestricted rund General Tntal funds at 31 1)eceniher 2024 Tan4FiblL Ilxid asseis Currcni a%sLI CurrLnt liabiliiiL 46,834 4(7.X.34 Total nLt assLt5 L. nri'slriLtI.d I'unds General Toial funds al 11 Deccrnbi'r •V2_1 Tangible Iixed assets Curren( a%s¢i CurrLnt lidbililiL 56 -$6 44.411 IY.?X61 Total iiet assets lj,IXI 22 ,Inali'sis of net funds Pa¥FL I Traad, Ball)'ronan & Ballindcrrv Dei'clopmenl ,Issociation knom'n a5 Tabbda otes to the Financial Statements for the l'ear F'nded .1 l December 2024 (continued) At l Jdnudri. 2024 Dcci'illbcr 21124 C'ash dt hank and ii) hand 411.1146 411.114() NL( dLbi 411.114h ..It I Jmnuari. 2112.1 l)I'ii'mhL'r 2112.1 C'dsli ai bank and in hdnd .11.47() 31.471) 31.476 2.1 Ilel#ii.d p4rl% Ir¥n%Metii)n PagL 19 Traad, Ilall) ronan & Ballindl'rrv DeN'elopment Association known as Tabbda .Statcment of Tr'inanLial Ilctii'ilii's bi. fund for the Year LndL'd 31 December 2U24 I'utul Lnrest ricied I'nrcstrirled "unds 21)2.1 2024 InLomc' Mnd ￿-nd0￿Mi.nlS from: Oih¥r trLiLliiibi dLtji'iliL Ini L'slin¥nt ii)coiiie 1,4yS 48 Ti)lJl InL()Ill¥ Tr"¥pendiluri' on: RJi%in&' liind C'huritiihlL dLtii'iiics ()IhLI' LXPLndiliir¥ 1s,Iisfii l j l)(Tr61 Tolal LXPindiiurL NLI iiiioniL ().¥? I NLI Ino¥einLnl In lunds RL'ionc'ili#li<)n of fund Totdl lund* br()ug?lil lorwdrd .15.1111 TutJl lund% LarriL'd forward This page do¢s noi lorni pan ol- Ihe staiulory financial 5lalLmLnts. Pa¥k ?0 Traad. Ball)'ronan & Ilallinderry Dei'elopment ilssociation know'n as Tabbda Detailed Slatement of Financial ActiN'ities for the Year Ended 31 December 2024 -rotal 202J 2024 Incnme and End0￿MentS frnm: C-liJriidblL JLII¥1tIL% lJnJlv%Ld bllow'l OihLr IrdLlingi aLtiv itlLS lanalys¥d bLluw I Ini'LsimLnt inL()mi lanal J'bcd hclowl 17 IX.360 4X 11,495 136 Tutdl iniumL Eipenditure on: Raisiiig lundi Idnal bLlowl ChariidblL aL(ik i(ics lanalysLd bclow'l OihLf CXPLnditurL' lanaly%Ld b¥l()wl 5.0561 (6.5481 15.9661 Tolal LXPLnditurL IX,4311 111.6041 Nei income 3,?00 YLI moi'cmLnt in lund% 3,7UU Rectsncilialion of funds 'I"vLal funds bruught lorward 35,IXI 7%.360 Total fund5 ca￿1e does noi lomi pari ol- the sialuiory Iinancial statcincn¢s. PJ¥¥ 23