DUNLOY DEVELOPMENT PARTNERSHIP
ANNUAL REPORT AND UNAUDITED STATEMENTS
FOR THE YEAR ENDED
31st DECEMBER 2023
Registration Nl 605953

DUNLOY DEVELOPMENT PARTNERSHIP
COMBllSED TRUSTEES. AND DIRECTORS, REPORT FOR THE YEAR
ENDED 31st DECEMBER 2023
The Trustees/Directors prcsent their report and the unauditd financial statements for the year ended 3 Ist
December 2023.
Objectives and activities
The principal activities of the Company continued to be that of relief of povcrty, enhance education and to promote
facilities in the interest of social welfare for recreation or other leisure time. The objective is to improve
conditions of life for all inhabitants of Dunloy (Co Antrim) and its surrounding areas. The charity aims to provide
community hall facilities for all members of the community to develop and maintain the strong, vibrdnt community
spirit in the villagc and surrounding area.
Administrative details, Structure, Governance & Management
Dunloy Development Partnership is a company limited by guarantee.
The governing document is the
Memorandum and Articles of Association. The company registration number is Nl 605953.
The company has recognised charitable status provided by HMRC under t&x reference XT 35533. Mr John
McLaughlin is noted as the charity's authorised oificial.
The company is a registered charity with The Charity Commission for Northern Ireland under charity number
104946. Dunloy Development Partnership is a public benefit entity.
The registered office of the company is 17 Bridge Road, Dunloy, Ballymen4 BT44 9AN. The public address for
the charity under The Charity Commission for Northern Ireland is 61 Station Road, Dunloy, Ballymeni BT44
9AU.
Directors & Trustees
Th¢ Directors who held office during the period were as follows:
John McLaughlin
Jonathan Mccamphill
John Dowds,.
The Trustees of the charity during the period were as follows:
John McLaughlin
Jonathan Mccamphill
John Dowds
Trustee appointments are subject to Board approval.
Statement of Directors'ifrustees, responsibilities
The DirectorslTrustees are responsible for preparing the Annual Report and the financial statements in accordance
with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law requires the Directors/Trustees to prepare financial statements for each financial period which give
a true and fair view of the state of affairs of the Company and of the profIt or loss of the Company for that period.

DUNLOY DEVELOPMENT PARTNERSHIP
In preparing those financial statements, the Directorsrrrustees are required to:
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charities SORP.
mak¢ judgments and estimates that are reasonable and prudent.
state whether applicable accounting standards have been followed, subject to any material departU￿S
disclosed and explained in the financial statements;
prepare thc financial statemcnts on the going Concern basis unless it is inappropriate to presume that the
charity will continue in business.
The Directors are responsiblc for keeping proper accounting records which disclose with reasonable accuracy at
any time the financial position of the Company and to enable them to ensure that the financial statements Comply
with The Companies Act 2006 and The Charities Act 2011 and in accordance with the Charities Statement of
Recommended Practice (Charities SORP)(FRS102). They arc also responstble for safeguarding the assets of the
Company and hence for taking rcasonable steps for the prevention and detection of fraud and other irregularities.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small
companies regime within Part 15 of the Companies Act 2006.
Achievements. Performance and Financial Review
The 2022 financial year reports a return to pre Covid rental levels. Against this, costs escalated as a result of energy
costs and repairs. The company secured grants during the year which continued to support the ongoing running
costs.
The loss for the year after dep￿ciatIon and taxation amounted to £26,410. The profit for the year before
depreciation charge and deferred grant release was £3,063.
The financial statements have been prepared on a going concern basis. The company's ongoing activities are
dependent upon the continued support of the Diocese of Down and Connor who hav¢ undertaken not to call in the
loan but will work with Dunloy Development Partnership on timing of payments subject to cashflow.
Small company provisions
This report has been prepared in accordance with the Small Companies regime under the Companies Act 2006.
Approve
y the Boar
th
and Trustees on 18 June 2024 and signed on its behalf by:
n McLaugh .
irector and
rustee

INDEPENDENT EXAMtNER'S REPORT TO THE
CHARITY TRUSTEES OFDUNL0YDEVELOPME￿ PARTNERSHIP
We rewrt on the accounts of Dunloy Development Partnership for the period ended 31 Decernber 2023. which
are set out on pages 4 to I I
R￿peCtive reoponsibilitie8 of charity trustee8 and examlner
A5 the clwity's trnstees (and also director of the company for the purposes of company law) you are responsible
for the preparation of the accounts in accordance with the requirements of th¢ Companies Act 2006.
It 15 our responsibility to:
• examsne the accounts under s¢ction 65 of the Charities Act
• follow the procedures laid down in the general Dir¢¢tions given by the Commission under Secti(￿ 65(9)(b)
of the Charities Act
. state whether particular matters have come to my attention.
Basi4 of independent examSner's report
We have examined your chaiity accounts as required under section 65 of the Charities Act and my examination
was carried out in a￿Orda￿¢¢ with the general Directions given by thc Charity Commission for Northern Ireland
und¢r section 65(9Xb) of the Charities Act.
The examination included a review of the accounting records kept by the charity and a comparison ofthe a¢counts
presented with those records. It also included consideration of any unusual it¢ms or disclosures in th¢ accoun
and seeking explanations from you as charity trustees concerning any such matters.
Our role is to state whether any Materi￿ Matte￿ hav¢ Come to my attention giving rne ￿U$¢ to believe:
l. That accounting r¢￿T￿S were not kept in ac¢ordan¢e with section 386 of the Companies Act 2006.
2. That the accouuts do not accord with those accounting records.
3. That the acwunts do not comply with the accounting requirements of section 396 of the Companies Act 2006
and with the methods and principles of the Charities Statement of R¢comrnended Pra¢ti¢¢ appli￿ble to charities
prepaTing their accounts in accordance with the Financial Reporting Standard applicable in th¢ UK and Ireland.
4. That there is further inforniation needed for a proper underslanding of the a￿oUnts to be reached.
IndependeDt eL9mIne￿8 statement
We have completed our examination and have no concerns in respect of matters (l) to (4) listed above
and, in connection with following Directions of the Charity Commission for Northern Ireland. I have
found no matters that require dTawing to your attention.
Stevenson and Wilson
Chartffl￿ Accountants
Date
22-30 Broadway Avenue
Ballymena
BT43 7AA

DUNLOY DEVELOPIVIENT PARTNERSHIP
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE PROFrr AND LOSS
ACCOUNT) FOR THE YEAR ENDED 31st DECEMBER 2023
Year
Year
ending
ending
31Dec23 31 Dec22
Note
Turnover
Administrative expcnses
(17,744)
(13,157)
Other operating income
16,436
16,220
Operating profit/{loss) before depreciation and grant release
(I J08)
3,063
Depreciation and government grant release
(29,473)
(29,473)
Taxation
Loss for the financial period
(30,981)
(26,410)
Fund balances brought fonvard (unrestricted)
(286,838)
(260,428)
Loss for the financial period
(30,981)
(26,410)
Other gainsllosses
Fund balances carried forward (unrestricted)
(317,819)
(286,838)
The above results are derived from continuing opcrations.
The company has no recognised gains/loss for the period other than the results above.
Other income includes £3,500 grant which was restricted towards funding of operating Costs (namely energy
costs). The grant was expended in the year towards running costs.
All other funds and funds carried forward are unrestricted.
The notes on pages 7 to 10 foml part of these financial statem¢nts.

DUNLOY DEVELOPMENT PARTNERSHIP
BALANCE SHEET AS AT 31st DECEMBER 2023
(Company R¢gistration.' N1605953)
31 Dec 2023 31 D¢¢ 2023
Notes
Fixed assets
Tangible fixed assets
405,425
446,687
Current assets
Debtors
Cash at bank and in hand
1,103
7,967
1,016
12,434
9,070
13,450
Creditors: due within one year
(16260)
(17,812)
Net current assets l (liabilities)
(7,190)
(4,362)
Total assets less current liabilities
398235
442,325
Creditors: due after more than one year
(716,054)
(729,163)
Net liabilities
(317,819)
(286,838)
Capital and reserves
Profit and loss account
(317,819)
(286,838)
Members, funds (all un restricted)
(317,819)
(286,838)
For the financial pcriod ending 31 December 2023 the company was entitled to eK¢mption from audit under section
477 of the Companies Act relating to small companies.
Directors, responsibilities:
The members have not required the company to obtain an audit of its accounts for the period in question in
accordance with section 476; and
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act
2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies
subject to the small companies regime and in accordance with the Financial Reporting Standard 102 SORP
(effective 2015).
Approved by the Board on 18, June 2024:
n McLau
irector & Trustee
The notes on pages 7 to 10 forn) part of these fmancial statements.

DUNLOY DEVELOPMENT PARTNERSHIP
STATEMENT OF CHANGES IN EQUITY FOR
TIIE YEAR ENDED 31st DECEMBER 2023
Profit and
loss account
Total
At I st January 2022
(260,428)
(260,428)
Loss for the year
(27,393)
(27,393)
At 31 st December 2022
(286,838)
(286,838)
Loss for the year
(30,981)
(30,981)
At 31st December 2023
(317,819)
(317,819)
The notes on pages 7 to 10 forni part of these fmancial statements.

DUNLOY DEVELOPMENT PARTNERSHIP
NOTES TO THE FINANCIAL STATEIVIENTS FOR THE
YEAR ENDED 31st DECEMBER 2023
l. Company information
The Company is limited by guarantee and in incorporated in Northern Ireland.
The address of its registered office is:
17 Bridge Road
Dunloy
Ballymena
Co Antrim
BT44 9AN
The financial statements were authorised for issuc by the Board on 18, June 2024.
2. Principal accounting policies
Public benefit entity
Dunloy Developmcnt Partnership meets the defInition of a public benefit cntity under the Charities SORP
FRSIO2.
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out
below. Thesc policies have been consistently applied to all the years presented, unless otherwise
stated.
Statement of compliance
These financial statements have been prepared in accordance with Accounting and Reporting by Charities:
Statement of Recommendcd Practice applicable to charitics preparing their accounts in accordanc¢ with the
Financial Reporting Standard applicable in the UK and Republic of Ireland, FRS102 (Charities SORP
FRS102), the Charities Act 201 l and the Companies Act 2006.
Basis of preparation and accounting period
These financial statements have been prepared using the historical cost convention and the accruals basis.
Going concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities
are dependent upon the continued support pf the Diocese of Down and Connor who have undertaken not to
call in the loan but will work with Dunloy Development Partnership on timing of payments subject to
cashflow.
If the going concern basis were not appropriate adjustments would have to be made to reduce the value of
assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed
asscts to current assets and long tem] liabilities to current liabilities.
Rental income
Rental income represents total rental income accrued for the accounting period.

DUNLOY DEVELOPMENT PARTNERSHIP
NOTES TO THE FINANCIAL STATE11￿￿Ts (continued)
Government grants
Government grants received are crcdited to deferred income. Grant towards capital expenditure are
released to the profit and loss account over the expected useful life of the assets. Grants received
towards revenue expenditure are released to the profit and loss account as the related expenditure is
incurred.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent
accumulated depreciation and subsequent accumulated impairnient losses. The cost of tangible assets
includes directly attributable incremental costs incurred in their acquisition and installation. The following
d¢preciation rates are applied.
Leasehold improvemcnts
2.5 % straight line
3. Loss on ordinary activities
Year
ending
31 Dec 23
Year
ending
31 Dec 22
Arrived at after charging J (crediting)
Accountant's / Independent examiner's remuneration
Depreciation
Release of government grant
42,882
(13,209}
42,682
(13,209)
4. Directors, and trustees, remuneration and expenses
No remuneration or expenses were paid to the Directors or Trustees during the year.
5. Staff numbers
The average monthly number of persons cmployed during the year was 3 (three unpaid directors). (2022:
3).
6. Taxation
The Inland Revenue having accepted that the Dunloy Development Partnership is a charity for
tax purposes, all income and gains are exempt from tax, provided they are only applied for
charitable purpose. Charitable status was granted on 22nd August 2012 and was effected from
28th January 2011 under HMRC reference XT35533.

DIJNLOY DEVELOPMENT PARTIYERSHIP
NOTES TO THE FINANCIAL STATEMENTS (conlinued)
7. Tangible fixed assets
Leasehold
Plant&
Improvements Equipment
Total
Cost
At I st January 2023
Additions
853,637
853,637
1,620
1,620
At 3 1st December 2023
853,637
1,620
855,257
Depreciation
At 1° January 2023
Charge for period
406,950
42,682
406,950
42,882
200
At 31" December 2023
449,632
200
449,832
Net book value
At 31st December 2023
404,005
1,420
405,425
Net book value
At 31st December 2022
446,687
446,687
8. Debtors
2023
2022
Prepayments and accrued income
Other debtors
1,103
1,016
1,103
1,016
9. Creditors
2023
2022
Due within one year
Trade creditors and accruals
Defcrred capital grant
3,051
13,209
4,603
13,209
16,260
17,812
Due after one year
Deferred capital grant
Other creditors
107,393
608,661
120,602
608,561
716,054
729,163
Other creditors include the balance owed to the Diocese of Down and Connor of £608,661 (2022:
£608,561). The amount owed increased during the year by £1 00 due to rent owed.

DUNLOY DEVELOPMENT PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS (continued)
10. Company limited by guarantee
The Company is limited by guarantee and therefore has no shares.
I l. Related party transactions
The Diocese of Down and Connor is regarded as a related party. The balance owed to the Diocese and
mov¢ment in that balance is disclosed at note 9.
12. Commitments
Lease commitments
Dunloy Developmcnt Partnership entered into a 25 year lease commencing on Ist June 2012 and
ending on 30th May 2037 for a nominal rent of £1 00 per annum. The landlord is the Diocese of Down
and Connor Trust, registered address Lisbr¢¢n, 73 Somerton Road, Belfast. Dunloy Development
Partnership are responsible for the insurance of the building, its contents, public liability indemnity
and cmployers liability.
io

DUNLOY DEVELOPMENT PARTNERSHIP
PROFIT AND LOSS ACCOUNT FOR THE
YEAR EfiDED 31st DEcEI￿BER 2023
Year
ending
31 Dec 23
Year
ending
31 Dec22
Turnover
Administrative expenses
Light, heat and power
Cleaning of premises
Repairs and renewals
Insurancc
Rent and water rates
Accountancy fees
Bank charges
G¢n¢ral expenses (incl entcrtainment licence)
9,186
4J03
1,766
1,115
1253
7,817
2,785
1,105
1,098
234
121
118
17,744
13,157
Other operating income
Rent receivable
Other including light and heat recharges
Government grant
12,736
200
3,500
11,515
4,705
16,436
16,220
Operating profit/(loss) before depreciation and deferred grant release
(1,308)
3,063
D¢pr¢ciation
(42,882)
(42,682)
Deferred capital grant release
13,209
13,209
Loss on ordinary activities before tax
(30,981)
(26,410)