Company registration number: Nt010840
Charity registration number.. 104505
Broughshane & District Community Association Ltd
(A cotnpany limited by share capltal)
Annual Report and Financial Statements
for the Year Ended 31 March 2024
D T Carson & Co
51-53 Thomas Stre¢t
Ballymena
Co. Anlrim
BT43 6AZ

Broughshane & District Community Association Ltd
Contents
Referen¢e and Administrative Details
Trustees, Report
2to3
tndependent Examiner's Report
Statement of Finan¢ial Athivities
Balance Sheet
Notes to the Financial Statements
7tol3

Broughshane & District Community Association Ltd
Reference and Administrative Details
Trustees
William Burgess
Sandy Wilson
Lexie Scott
Dr Robert A Redmond
ChArity Registration Number
104505
Company Registration Number
N1010840
The charity is incorporated in Northern Ireland.
Broughshane House
70 Main Street
Broughshane
Ballymena
Co Antrim
BT42 4JW
Registered Office
Independent Examiner
D T Carson & Co
51-53 Thomas Street
Ballymena
Co. Antrim
B T43 6AZ
Page I

Broughshane & District Community Association Ltd
Trustees, Report
The trustees. who are directors for the purposes of company law, present the annual report together with the
financial statements of the charitable ¢ompany for the year ended 31 March 2024.
Objectives and activities
Objects and aims
The charity's objectives and principal a¢tivities is..
.Tlie mxnagement of a community centre in the village of Broughshane and social enterprise at Broughsliane
police station.
•Organisinglpromoting community events and advising our member groups on good goveman¢e and potential
funding SOU￿¢$ to develop their activities.
.To promote the commiinity and voluntary se¢tor in the area for ihe public benefit.
•To advart¢¢ community development in the area for publi¢ benefit.
.Provide facilities in the the interests of social welfare for recreation and other leisure-time o¢¢upations with the
object of improving the conditions of life for the said inhabitants.
.Advance active ¢itizenship and volunteering in the eommunity.
•Promote social diversity, good community realtions. so¢ial cohesion, racial and religious harniony and equality
and diversity.
Public benefit
The trustees believe that their objectives and activites benefit th¢ people of Broughshane and the surrounding
area through the feeling of ¢itizenship & commiinity developnient. edu¢ation & well-being & relief of those in
need.
The trustees confim that they have complied with the requirements of the Charities Act INorthem Ireland) 2008
to have due regard to the publi¢ benefit guidance published by tlie Charity Commission for Northern Ireland
FinaneiAI review
Policy on reserves
The charity aims to use their tncome in furtherance of their objectives and any Small amounts in the unrestri¢ted
funds are held in order to meet any unforeseen expenditure that may occur.
The reserves poli¢y is reviewed on an annual basis.
TTU$ttes and officers
The trustees and offi¢ers serving during the year and since the year end were as follows..
Trustees:
William Burge5S
Sandy Wilson
Lexie Scott
Dr Robert A Redmond
Page 2

Broughshane & District Community Association Ltd
Trusteesl Report
Structiir¢* governance And mAnagement
Nature ofgoverning document
The organtsation is a charitable company limited by guarantee, incorporated on 15 August 1975 and registered
as a charity Wlth the Charity Commission for Northem Ireland on l February 2016 having previously been
registerd as a charity with the Inland Revenue.
The company was established under a Memorandum of Association which established the objects and powers of
the charitable company and is governed under it's Articles of Association.
StatemeDt of tru$tees' responsibilities
The trustees (who are also the dire¢tors of Broughshane & District Community Association Ltd for the purposes
of company law) are responsible for pi'eparing the trustees, report and the financial statements in accordance
with applicable law and United Kingdom Accounting Standards (Unil¢d Kingdom Generally Accepted
Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic
of Ireland"
Company law requires the trustees to prepare financial statements for each financial year. Under wmpany law
the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view
of ihe state of affairs of the charitable company and of the in¢oming resources and application of resources,
including its income and expenditure, of the charilable ¢ompany for that period. In preparing these financial
statements, the trustees are required to:
select suitable a¢¢ounting policies and apply them consistently.
observe the methods and principles in the Charities SORP.
make judgements and estimates that are reasonable and prudent.
state whether applicable accounting standards, comprising FRS 102 have been followed, subject lo any
material departures disclosed and explained in the financial statements. and
prepare the financial statements on th¢ goiijg concern basis unles5 it is inappropriate to presume that the
charitable company will ¢ontinu¢ iii business.
The trustees are responsible for keeping proper ac¢ounting record5 that can dis¢lose with reasonable a¢¢uracy at
any time the financial position of the charitable ¢ompany and enable them to ensure that the financial statements
¢oniply with the Companies Act 2006. They are also responsible for safeguarding the asse15 of the ¢liaritabl¢
company and hence for taking reasonable sl¢ps for the prevenlion and detection of fraud and other irregularities.
The trustees are responsible for the Maintenance and integrity of the corporate and financial information
included on the charitable company's website. Legislation governing the preparation and dissemination of
financial statements may differ froin legislation in other jurisdictions.
Thea
nual report was approved by the trustees of the charity on I l June 2024 and signed on its behalf by:
Lexie Scott
Trustee
Page 3

Broughshane & District Community Association Ltd
Independent Examiner's Report to the trustees of Broughshane & District Community
Association Ltd ('the Company,)
I report to the charity trustees on my examination of the ac¢ounts of the Company for the year ended 31 March
2024.
Responsibilities and bASiS of report
As the charity's trustees of Broughshane & District Community Association Ltd (and also its directors for the
purposes of company law) you are responsible 'for the preparation of the accounts in accordance with the
requirements of the Companies Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounts of Broughshane & District Community Association Ltd are not
required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in
respect of my examination of your ¢harity'S accounts as carried out under section 65 of the Charities Act
INorthern Ireland) 2008. In carying out my examination I have followed the Directions given by the Charity
Commission for Northern Ireland under section 65(9)(b) of the Charities Act.
An independent ex&mination does not involve gathering all the eviden¢e that would be required in an audit and
onsequently does not cover all the matters that an auditor considers in giving their opinion on the accounts. The
planning and conduct of an audit goes beyond the liinited assurance that an independent examination can
provide. Consequently l express no opinion as to whetlier the accounts present a 'true and fair, view and my
report is limited to those specific matters set out in the independent examiner's statement.
Independent examiner's statement
I have completed my examination. l ¢onfirn] that no matters have come to my attention in connection with the
examination giving me cause to believe..
accounting records were not kept in respect of Broughshane & District Community Association Ltd as
required by section 386 of the 2006 Act. or
2. the accounts do not accord with those records. or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 A¢t other than
any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an
independent examination. or
4. the a¢¢ounts have not beeii prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by cliarities [applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of
Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understsnding of the accounts to be re3¢hed.
Edwin R McLaugh
Chartered Accountsnts Ireland
51-53 Thomas Street
Ballymena
Co. Antrim
BT43 6AZ
I l June 2024
Page 4

Broughshane & District Community Association Ltd
Statement of Financial Activities for the Year Ended 31 March 2024
(Including Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Unrestrieted
funds
Restricted
funds
Total
2024
Note
Income and Endowments from:
Charitable activities
22.162
24,398
46,560
Total income
22.162
24,398
46.560
ExpeDditure on:
Charitabl¢ activities
43,654)
22,940)
66,594)
Total expendithre
(43,654)
(22,940)
(66,594)
Net (expenditure)lincome
TransfeTS between ￿ndS
(21,492)
590
1.458
590)
(20.034)
Net movement in funds
(20,902)
868
(20,034)
Reconciliation of funds
Total funds brought forward
45,229
227,030
272,259
Tolal funds Carried forward
10
24.327
Unrestricted
funds
227,898
Restricted
fund5
252.225
Total
2023
Note
Income and Endowments from:
Charitable artivities
53,998
25,898
79,896
Tolal income
53.998
25,898
79,896
Expenditure on:
Charitsble activities
(52,967)
(31.988)
(84.955)
Total expenditure
(52,967)
(31.988)
(84,955)
Net incomel(expenditure)
Transfers betwe¢n funds
1.031
400
(6,090)
(400)
(5,059)
Net movement in funds
1,431
(6,490)
(5,059)
Reconciliation of funds
Total funds brought forward
Total funds carried forward
43.798
233.520
277.318
io
45,229
227.030
272,259
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for 2023 is shown in note 10.
The notes on pages 7 to 13 fonn an integral part of these financial statements.
Pa8¢ 5

Broughshane & District Community Association Ltd
(Registration number: N1010840)
Balance Sheet as at 31 March 2024
2024
2023
Note
Fixed Assets
Tangible assets
214,701
224.419
Current assets
Debtors
Cash at bank and in hand
7,915
33,790
9.857
39,205
41,705
49.062
Creditors: Amounts falling due within one year
4.181)
(1,222)
Net current as$ets
37,524
47,840
Net assets
252,225
272,259
Funds of the charity:
Restrieted income funds
Restricted funds
io
227,898
227,030
Unrestricted income funds
Unrestricted funds
24.327
45,229
Total fllnds
io
252,225
272,259
For the financial year ending 31 Marcli 2024 the cliarity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Directors, respon$ibiliti¢s'.
The members have not required the charity to obtain an audit of its accounts for the year in question in
accordance with section 476. and
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect
to accounting records and th¢ preparation of accounts.
The financial statements on pages 5 to 13 were approved by the tru5tee5, and authorised for issue on I l June
2024 and
igne
on their behalf by:
illiam Burge5S
Trustee
The notes on pages 7 to 13 forni an integral part of these financial statements.
Page 6

Broughshane & District Community Association Ltd
Notes to the Financial Statements for the Year Ended 31 March 2024
I Charity statu5
The charity 15 limited by share capital, incorporated in Northern Ireland.
The addres5 of its registered oifice is:
Broughshane House
70 Main Street
Broughshane
Ballymena
Co Antrini
B T42 4JW
These financial statements were authorised for issue by the trustees on I l June 2024.
2 Aeeounting policies
Summary ofsignificant accounting policies and key a¢¢ounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below.
These policie5 have been consistently applied to all the years presented, unless otherwise stated.
Statement of complianee
The financial statements have been prepared in accoTdan¢e with Accounting and Reporting by Charitie5-
Statement of Recommended Practice applicable to Gliarities preparing their accounts in accordan¢e with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January
2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard appli¢abl¢ in the UK and Republic of
Ireland (FRS 102). They also Comply with the Companies Act 2006 and Charities Art (Northem Ireland) 2008.
Basis of preparation
Broughsliane & District Community Association Ltd meets the definition of a public benefit entity under FRS
102. Assets and liabilities are initially recognised at histori¢al cost or transaction value unless Otherwise Stated in
the relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going
concern nor any significant area5 of uncertainty that affect the ¢arrying value of assets held by the cliarity.
Income and endowments
All in¢om¢ including doantions and graiits that provide core funding or are of a general nature is re¢ognised
where ther¢ is entitlement, certainity of receipt and the amount can be measured with suffi¢ient reliability.
Expenditure
All expenditure is r¢¢ognised once there is a legal or constructive obligation to that ¢xpenditure, it is probable
settlement is required and the amount can be measured reliably. All Gost5 are allocated to the applicable
¢xpcnditur¢ heading that aggregate similar costs to that category. Where Gost5 ¢aniiot be directly attributed to
particular heading5 they Iiave been allocated on a basis consistent with the use of rgsources. with central staff
costs allocated on the basi5 of time spent. and depreciation charges allocated on the portion of the asset's use.
Oth¢r support rosts ar¢ atlo¢ated based on the spread of staff costs.
Page 7

Broughshane & District Community Association Ltd
Notes to the Financial Statements for the Year Ended 31 March 2024
Chorilable acliviliaf
Charitable expenditure comprises those costs incurred by the charity in the delivery of its a¢tivities and service5
for its beneficiaries. It includes both costs that can be allocated dire¢tly to such activities and those costs of an
indirect nature necessary to support them.
Taxation
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and
therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the
charity is potentially exempt from taxation in respect of income or capital gains received witl)in categories
covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains Act 1992. to the extent that such incorne or gains are applied exclusively to charitsble purposes.
Txngible fixed xssets
Individual fixed assets are initially recorded at cosL less any subsequent accumulated depreciation and
subsequent accumulated impairment losses.
Depreciation #nd amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated
residual value. over their expe¢ted useful economic life as follows..
Asset elAss
Land & buildings
Furniture & equipment
Property improvements
Depreciation method and rate
40/0 straight line
200/0 reducing balan¢e
IOO/• reducing balance
Trade debtors
Trade debtors are amounts due for services perfomed in the ordinary course of business.
TrAde creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Accounts payable ar¢ classified as ¢urrent liabilities if the charity does not have an
unconditional right, at the end of the reporting period, to defer settlement of the ¢reditor for at least twelve
months after the reporting date. If there is an unconditional right to defer settlement for at least Éwelve montl)5
after the reporting date, they are presented as non-current liabilities.
Trade creditors are re¢ognised initially at the transaction price and subsequently measured at amortised cost
using the effeGtiv¢ interest method.
Fund structure
Unrestricted income funds are generdl fvnd5 that are available for use at the trustees discretion in furtherance of
the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which
is restricted to that area or purpose.
Page 8

Broughshane & District Community Association Ltd
Notes to the Financial Statements for the Year Ended 31 March 2024
3 Ineome from chAritable activities
Unrestricted
funds
General
Restricted
funds
TotAI
2024
TotAI
2023
Rental Incorne
Members Fees & Subscription
Sponsorship
Donations
Luncheon Club Income
Other income
Antrim Wind Energy Ltd
CFNI Rathsherry
M&EA Council Christmas Event
M&EA Council Coronation I
Platinum Jubilee Event
M&EA Council Warm Spaces
Scheme
M&EA Council Resilience
BERCC Older People, Food &
Fuel
Mid East Anlrim Agewell
Partnership
Bla¢k Santa Appeal
11,956
650
4,789
690
3.175
15,898
27,854
650
30,532
775
5.634
828
2,065
4.789
690
3,175
30,000
3.000
3,500
3,000
3.000
3.000
3,000
500
500
1,000
500
500
300
500
360
300
600
600
1,200
500
1,500
1.500
22,162
24,398
46.560
79,896
Page 9

Broughshane & District Community Association Ltd
Notes to the Financial Statements for the Year Ended 31 March 2024
4 Expenditure on charitable Activities
Unrestricted
funds
General
Restricted
funds
Total
2024
Total
2023
Rent
Water Rates
Light, Heat & Power
Insurance
Repairs & Maintenance
Telephone
Printing. Stationery & Advertising
Sundry Expenses
Bank Interest & Charges
Accountancy
Professional Fees
Luncheon Club Expenses
Braid Oil Club Phone Expenses
Contribution5 to Village Projects
Donations to Broughshane
Improveinent Committee
Donations to The Village Garden
(Broughshane) Ltd
Christmas Display & Festival
ChristmLs Lights & Cabling
Easter Treasure Hunt
St Patrick's Day
Coronation / Platinum Jubilee
Warni Space Project
Older People, Food and Fuel
Supercup Nl Youth Football
Tournament
Community Centre Project
Depreciation
65
65
479
3,821
4,871
810
381
1,620
1.208
314
840
90
402
3,883
4,376
11,632
367
1,749
978
331
750
540
2.914
301
1,000
479
3.821
1,450
400
381
300
3,421
410
1,320
1,208
264
840
50
4,867
134
1,500
6,367
134
7.000
4,000
6,192
3,568
4,000
7,692
5,068
8,000
14.712
4,101
2.134
500
6,656
504
1,200
1,500
1,500
8,897
500
500
9.397
500
5,100
5.100
261
2,640
467
261
2,640
11,026
10,559
10.834
43,654
22,940
66,594
84.954
Page 10

Broughshane & District Community Association Ltd
Notes to the Financial Statements for the Year Ended 31 March 2024
5 Net incomingloutgoing resources
Net outgoing resources for the year include..
2024
2023
Depreciation of fixed assets
11.026
10,835
6 Taxation
The charity is a registered ¢harity and is therefore exempt from taxation.
7 Tangible fixed As$¢ts
Land and
buildings
Furniture and Other tangible
equipment
rixed asset
Total
Cost
At l April 2023
Additions
261,857
15.727
1,308
3,313
280,897
1.308
At 31 March 2024
261.857
3,313
282.205
Depreciation
At l April 2023
Charge for the year
38.956
10,475
14,350
537
3,172
14
56,478
11,026
At 31 March 2024
49,431
14.887
3,186
67,504
Net book value
At 31 March 2024
212.426
2,148
127
214.701
At 31 March 2023
222,901
141
224,419
Furniture & equipment additions include assets amouiiting to £4,308 for whi¢h grants from Mid and East
Antrim Policing and Community Safety Partnership and Mid and East Antrim Borough Council Grants Support
Sclieme 2023124 were received. These grants have been netted off against the expenditure and the residual is
inGluded in unrestricted ass¢ts.
Pagell

Broughshane & District Community Association Ltd
Notes to the Financial Statements for the Year Ended 31 March 2024
8 DebtOTS
2024
2023
Trade debtors
Prepayments
Other debtors
6.015
1,900
3,606
892
5,359
7,915
9.857
9 Creditors: amounts falling due within one year
2024
2023
Trade creditors
Other creditors
Accruals
1,204
490
2.487
1,222
4,181
1,222
10 Funds
BAlance at
31 March
2024
Balance at I
April 2023
Incoming
resourees
Resources
expended
Transfers
Unrestricted funds
Generdl
General funds
45,229
22,162
(43,654)
590
24,327
Restricted funds
Deferred grants fund
Police station
The Comunity Foundation
Black Santa Appeal
M&EA Council 'Community
Festivals,
M&EA Council 'Grant
Support Scheme,
195,939
31,091
(9.267)
9,211
(534)
186,672
41,226
15.898
3.000
1.500
(14,974)
(2.466)
(1.500)
2,000
(2,000)
2.000
(2,000)
Total restrieted funds
227.030
24.398
(22.940)
(590)
227,898
Total funds
272,259
46,560
66,594)
252.225
Page 12

Broughshane & District Community Association Ltd
Notes to the Financial Statements for the Year Ended 31 March 2024
Balance at
31 March
2023
Balance at I
April 2022
Incoming
resources
Resources
expended
Transfers
Unrestricted funds
Gefteral
General funds
43,798
53,998
(52,967)
400
45,229
Restrict¢d
Deferred grants fund
Police station
The Comunity Foundation
M&EA Council 'Community
Festivals,
M&EA Council 'Grdnt
Support S¢heme'
205,617
27.903
(9,678)
9,608
{330)
195,939
31,091
18,398
3,000
(24,818)
(2,670)
3,500
(3,500)
1.000
( 1,000)
Total restricted funds
233.520
25.898
(31.988)
(400)
227,030
Total funds
277.318
79,896
(84,955)
272,259
Page 13