Company registration number: N1063172
Charity registration number.. NIC105697
Ballee & Harryville Community Enterprises
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2025
DT Carson & Co.
Chartered Accountants & Registered Auditors
51- 53 Thomas Street
Ballymena
Co. Antrim
B T43 6AZ

Ballee & Harryville Community EnlerprAses
Contents
Reference and Administt'ative Details
Trustees, Report
2to5
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
9t018

Ballee & Harryville Community Enterprises
Reference and Administrative Details
Trustees
Brian Holmes -Chairnian
Margaret McKeown
CJTII Rainey
Rodney Quigley
Elizabeth Adger
Tommy Nkcholl
James M¢Ilroy
Iris Smyth
Diane Young
Elizabeth Adger
Secretary
Charity Registration Number
NIC105697
Company Registration Number
N1063172
The charity is incorporated in Northern Ireland.
20 Antrim Road
Ballymena
Co Antrim
BT42 2BJ
Registered Office
Principal Office
20 Antrim Road
Ballymena
Co Antrim
BT42 2BJ
Independent Examiner
DT Carson & Co.
Chartered Accountants & Registered Auditors
51- 53 Thomas Street
Ballymena
Co. Antrim
BT43 6AZ
Solieitors:
Sara Edge Solicitors
4 Ballymoney Rd,
Ballymena
BT43 5BY
Bankers
Ulster Bank
49 Wellington Street
Ballymena
County Antrim
BT43 6AD
Pag¢ I

Ballee & Harryville Community Entcrprises
Trustees, Report
The trustees, who are directors for the purposes of company law, present the annual report together with the
financial statement5 of the charitable company for the year ended 31 Marcli 2025.
Structure? governance and management
Nalure ofgoverning documenl
Ballee & Harryville Community Enterprises Ltd is a privatc company limited by guarantee and is also a
recognised charity. The Charity is governed by an Executive Board which meet on a regular basis throughout
the year. The Trustees are responsible for preparing the Trustees, Annual Report and the financial statements in
accordance with applicable law and regulations.
Major risks and managemenl of tliose risks
Risk Managemenl
The Trustees have carried out a review of the major risks to which the company is exposed and a Risk
Management Policy will be agreed to identify, monitor and control those risks.
Objectives and activities
Objecls and aims
The principal activity of the company is the management and rental of Ballee & Harryville Community
Enterprises Ltd units and the provision of room hire. Ballee & Harryville Cornmunity Enterprise5 is made up of
community representatives from the Ballee and Haryville wards, as well as local business and council
representatives. The board works to provide a range of workspace units in the area that local businesses can rent
as a base in the area. Profits from rental of the units are then returned back into the community for projects by
the local groups.
The objects of the Company shall be the promotion for the public beiiefit of urban regeneration in the Harryville
and Ballee areas of Ballymena, being an area of social and economic deprivation, by all or any of the following
means.. (i) the relief of unemployment in such ways as may be thought fit, including assistance to find
employment. (li) the advancement of education, training or retraining. particularly among unemployed people,
and Providing unemployed pcople with work experience. (iii) the creation of training and employment
opportunities by the provision of workspace, buildings andlor land for use on favourable terms. (iv) such other
purposes of an exclusively charitable nature as the Trustees may from time to time in their sole and absolute
discretion detern]ine.
Public benefil
In setting the objectives and planning the activities for the year trustees have given careful consideration to the
Charity Commission foT Northern Ireland's guidance on public benefit to ensure that the activities have helped
to achieve the Charity's purposes and provide a benefit to the beneficiaries. Public benefit includes a rise in
emplosqnent in Ballee & Harryville both areas having been described as deprived areas Wlth a high
unemployment rate. This rise in employment Is aided by the range of workspace units provided by Ballee &
Harryville Community Enterprises Ltd and used in the local area, the increase in education and ski115 in the
residents of both Ballee & Harryville and the onsite work experience and training organised by Ballee &
Harryville Community Entetprise5 Ltd. Ballee & Harryville Community EnteTprises Ltd also produces a wide
range of direct benefits including projects that benefit the area on a community level. Ballee & Harryville
Community Enterprises Ltd provide funding to the local community created ITh the profit made through the
workspace units. This ￿ndIng has been used for events, community development, health initiatives and Tunning
costs for community groups. The beneficiaries are local residents of Ballee and Hatryville wards.
Page 2

Ballee & Harryville Community Enterprises
Trustees, Report
The tnjstees confirm that they have complied with the requirements of section 4 of the ChaTlties Act (Northern
Ireland) 2008 to have due regard to the public benefit guidance published by the Charity Commission for
Northern Ireland.
Social iiiveslmenipolicles
Besides the general public the charity helps in specific areas of deprivation and in the voluntary and community
sector.
Financial review
Pollcy oil reserves
Unrestricted ￿ndS are considered lo be essential to provide sulyicient funds to cover any unforeseen costs which
may arise and fulfil the legal obligations of the charity. The Charity's policy is to maintain a level of free
reserves sufficient to cover such costs.The calculation of the required level of reserves is an integral part of
Ballee & Haryville Community Enterprises's planning, budget and forecast cycle. Previously the trustees
agreed that it was advisable to hold an amount in excess of £50,000 in unrestricted funds to enable them to cover
expenditure to allow the company to continue at its current level of activity before paying out a dividend to the
two member groups for community purposes. However as the workspace units are getting older the trustees
decided at the board meeting on 27th February 2024 that it was advisable to hold an amount in reserves in
excess of £lOO,000.
Trustees and officers
The trustees and officer5 serving during the year and since the year end were as follows:
Trustees..
Brian Holmes -Chainnan
Margaret McKeown
Cyril Rainey
Rodney Quigley
Elizabeth Adger
Tommy Nicholl
James McIlroy
Iris Smyth
Dian¢ Young
Secretary:
Financial instruments
Elizabeth Adger
Objeclives andpolicies
The charity's aclivities expose it to a number of financial risks including credit risk, cash flow risk and liquidity
risk. The use of financial derivatives is governed by the charity's policies approvcd by the board of trustees,
which provide written principles on the use of financial derivatives to manage these risks. The charity does not
use derivative financial instruments for speculative purposes.
Page 3

Ballee & Harryville Community nterprises
Trustees, Report
Credll risk
The charity's principal financial assets are bank balanccs and casli, tradc and other receivables, and investments.
The charity's credit risk is primarily attributable to its trade receivables. The amounts presented in the balance
sheet are net of allowances for doubtful receivables.
The charity spreads its exposure to risk by having a mix of income.
Llquidity risk
In order to maintain liquidity to ensure that sufficient fimds ar¢ available for ongoing operations and future
developments, the charity uses a mixture of long-terni and short-tenn debt finance.
Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial
statements.
Funds held as custodian trustee on behalf of others
Included within current assets and creditors are amounts totalling £2,020 related to tenant deposits held by the
charity. These amounts have been ring-fenced by the trustees and may be repaid to the tenants upon satisfactory
completion of their rental contracts. As such the trustees have decided not to spend these funds and there is no
effect on the net assets figures.
Going concern
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material
uncertainties related to events OT conditions that may cast significant doubt on the ability of the charity to
continue as a going concern. The trustees rnake this assessment in respect of a period of one year from the date
of approval of the financial statements.
At the time of approving the accounts the trustees have a reasonable expectation that the charity has adequate
resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the
going concern basis of accounting in preparing these financial statements.
Statement of trustees, responsibilities
The trustees (who are also the directors of Ballee & Harryville Community Enterprises for the purposes of
company law) are responsible for preparing the trustees, report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standard5 (United Kingdom Generally Accepted Accounting
Practice), including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland"
Company law Tequires the trustee5 to prepare financial statements for each financial year. Under company law
the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view
of the state of affairs of the charitable company and of the incoming resources and application of resources,
including its income and expenditure, of the charitable company for that period. In prep￿ing these financial
statements, the trustees are required to:
select suitable accounting 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 to any
material departures disclosed and explained in the financial statements. and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charitable company will continue in business.
Page 4

Ballee & Harryville Community Enterprises
Trustees, Report
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at
any time the financial position of the charitable company and enable them to ensure that the financial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable
company and hence for taking reasonable steps for the prevention and detection of fraud and other i￿egulaTIties.
The trustee5 are responsible for the maintenance and integrity of the co￿Orate and financial information
included on the charitable company's website. Legislation governing the preparation and dissemination of
financial statements may differ from legislation in other jurisdictions.
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the trustees of the charity on 25 November 2025 and signed on its behalf by..
Brian Holmes -Chairnian
Trustee
Page 5

Ballee & Harryville Community Enterprises
Independent Examiner's Report to the trustees of Ballee & Harryville Community
Enterprises ('the Company,)
I report to the Charity trustees on my examination of the accounts of the Company for the year ended 31 March
2025.
Responsibilities and basis of report
As the charity's trustees of Ballee & Harryville Community Enterprises (and also its directors for the pury)oses
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 Ballee & Harryville Community Enterprises 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 charity's accounts as carried out under section 65 of the Charities Act (Northern Ireland)
2008. In carrying out my examination I have followed the Directions given by the Charity Commission under
section 65(9)(b) of the Charities Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in Connection with the
examination giving me cause to believe:
l. accounting records were not kept in respect of Ballee & Harryville Community Enterprises 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 Act 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 accounts have not been prepared in accordance with the methods and principles of the Statement of
Reconunended Practice for accounting and reporting by charities [applicable to charities preparing their
accounts in accordance with the Finan¢ial Reporting Standard applicable in the UK and Republic 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 understanding of the accounts to be reached.
James Wallace
Chartered Accountants & Registered Auditors
DT Carson & Co
51- 53 Thomas Street
Ballymena
Co. Antrim
B T43 6AZ
25 November 2025
Pa8e 6

Ballee & Harryville Community Enterprises
Statement of Financial Activities for the Year Ended 31 March 2025
(Including Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Unrestricted
fund5
Restricted
funds
Total
2025
Note
Income and Endowments from:
Charitable activities
66,171
66.171
Total income
66,171
66,171
Expenditure on:
Charitable activities
(55,306)
109,360
(164,666)
Total expenditure
55,306
(109,360)
(164,666)
Net incomel(expendilure)
Transfers between funds
10,865
37,390
(109,360)
(37,390)
(98,495)
Net movement in funds
48,255
(146,750)
(98,495)
Reconciliation of funds
Total funds brought fonvard
Total funds carried forward
367,189
456,768
823,957
13
415,444
Unrestricted
runds
310.018
Restricted
funds
725,462
Total
2024
Note
Income and Fndoivments frorn:
Charitable activities
66,607
21.205
87,812
Total income
66.607
21,205
87,812
Expenditure on:
Charitable activities
(52,166)
21,922
(74,088)
Total expenditure
(52.166)
(21.922)
74,088)
Net incomel(expenditure)
T.ransfers between fijnds
14,441
36,130
(717)
(36,130)
13,724
Net movement in fimds
50,571
(36.847)
13,724
Reconciliation of funds
Total funds brought forward
316,618
493,615
810.233
Total ￿ndS Ca￿led forward
13
367.189
456,768
823.957
All of the charity's activities derive from Continuing operations during the abov¢ two periods.
The ￿ndS breakdown foi. 2024 is shown in note 13.
The notes on pages 9 to 18 forn) an integral part of these finan¢ial statements.
Page 7

Ballee & Harryville Communlty Enterprise.
(Registration number: N1063172)
Balance Sheet as at 31 March 2025
2025
2024
Fixed assets
Tangible assets
329,953
366,453
Current assets
Debtors
Cash at bank and in hand
io
9,624
393,275
28,617
450,034
402,899
478,651
Creditor5: Amounts falling due within one year
12
(7,390
21,147
Net current assets
395,509
45 1,504
Net assets
725,462
823,957
Funds of the charity:
Restricted income funds
Restricted funds
13
310,018
456,768
Unrestricted income funds
Unrestricted fvnds
415,444
367,189
Total fund5
13
725,462
823,957
FOT the financial year ending 31 March 2025 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small coinpanies.
Directors, responsibilities..
The members have not required the charity to obtain an audit of its accounts ftjr the year in question in
accordance with section 476. and
The directors acknowledge their responsibilities for complying with the requirements of the Act with respeot
to accounting records and the preparation of accounts.
The financial statements on pages 7 to 18 were approved by the trustees, and authorised for issue on 25
November 2025 and signed on their behalf by:
Brian Holmes -Chairnwn
Trustee
The notes on pages 9 to 18 forni an integral part of these financial statements.
Page 8

Ballee & Harryville Community Enterprises
Notes to the Financial Statements for the Year Ended 31 March 2025
I Charity status
The charity is limited by guarantee, incorporated in Northern Ireland, and consequently does not have share
capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity
in the event of liquidation.
The adthess of its registered office is:
20 Antrim Road
Ballymena
Co Antrim
BT42 2BJ
These financial statements were authorised for issue by the trustees on 25 November 2025.
2 Accounting policies
Summary of significant accounting policies and key aceounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below.
These policies have been conslstently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with Accountin8 and Reporting by Charities..
Statement of Recommended Praoti¢e applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January
2019) - (Chai-ities SORP (FIIS 102)), the Financial Reporting Standard applicable in the UK and Republic of
Ireland (fRS 102). They also comply with Ihe Companies Act 2006 and Chariti¢s Act (Northern Ireland) 2008.
Ballee & Harryville Community Enterprises meets the definition of a public benefit entity under FRS 102.
Basis of preparation
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy notes.
The presentation currency of these financial statements is sterling. All amounts in the financial statements have
been rounded to the nearest £1.
Going concern
The financial statements have been prepared on a going concern basis as the trustees consider that there are no
material uncertainties about the charity's ability to continue as a going concern nor any significant areas of
uncertainty that affect the carrying value of assets held by the charity. The trustees have considered both the
level of funds held and the expected level of income and expenditure for 12 months from authorising these
financial stat¢ments.
Exemption from preparing a cash flow statement
The charity opted to early adopt Bulletin I published on 2 February 2016 and have therefore not included a cash
flow statement in these financial staternents.
Page 9

Ballee & Harryville Community Enterprises
Notes to the Financial Statements for the Year Ended 31 March 2025
Judgements
The preparation of the financial statements requiies management to make judgements, estimates and
assumptions that affect the application of accounting policies and the reported amount of assets and liabilities.
income and expenses. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual Tesults may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisioiis to accounting estimates
are recognised in the period in which the estimate 15 revised ivhere the revision affects only that period, or in the
period of the revision and future periods where the revision affects both current and futtwe periods.
Key sources of estimation uneertainty
Tangible Fixed assets
Tangible fixed assets are depreciated over their useful economic lives taking into account residual values, where
appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on
a number of factors. In Te-assessing asset lives, factors such as maintenance programmes and technological
innovation are taken into account. Residual value assessments consider issucs such as future markct conditions,
the remaining Life of the asset and projected disposal values. The carrying amount is £- (2024 -£366,453).
Income and endowments
All income is recognised once there is a legal or Constructive obligation to that income after any performace
conditions have been met, tlie amount can be measured reliably and it 15 probable ihat income will be received.
All income is allocated to the applicable income heading that aggregate similar income to that category.
Granls recelvable
Grants are recognised when the charity has an entitlement to the funds and any Conditions linked to the grants
have been met. Where performance conditions are attached to the grant aiid are yet to be met, the income is
recognised as a liability and included on the balance sheet as deferred income to be released.
Ollier Iradlng aclivilles
The charity generates rental income by utilising the business workspace to further its primary aims and
objectives.
Expenditure
All expenditure is recognised once there is a legal or constsvctive obligation to that expenditure. it 15 probable
settlement is required and the amount can be measured reliably. All costs are allocated to the applicable
expenditure heading that aggre8ate similar costs to that category. Where costs cannot be directly attributed to
particular headings they have been allocated on a basis consistent with the use of resources, with central staff
costs allocated on the basis of time spent, and depreciation Charges allocated on the portion of the a55et's use.
Other support costs are allocated based on the spread of staff costs.
Cliaritable aclivilies
Charitable expenditure compiises those costs incurred by the charity in the delivery of its activities and services
for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an
indirect nature necessary to support thern.
Page 10

Ballee & Harryville Community Enterprises
Notes to the Financial Statements for the Year Ended 31 March 2025
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 within 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 income or gains are applied exclusively to charitable purposes.
Depreciation and amortisatlon
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated
residual value, over their expected use￿] economic life as follows..
Asset class
Freehold Land and Buildings
Depreciation method and rate
40/0 Straight line basis
Impairment or rixed assets
The company assesses at each reporting date whether tangible fixed assets are impaired
Trade debtors
Trade debtors are amounts due from customers for services peTfonned in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost
using the effective interest method, less provision for impainnent. A provision for th¢ impairn]￿t of trade
debtors is established when ther¢ is objcetive evidence that the charity will not be able to collect all amounts due
according to the original tern)s of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-terni highly liquid
investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of
change in value.
Trade creditor5
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an
unconditional right, at the end of the reporting period. to d¢fer settlement of the creditor for at least twelve
months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months
after the reporting date, they are presented as non-current liabilities.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing
borrowings are subsequently caTried at amortised cost, with the difference between the proceeds, net of
transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial
Activities over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable
and similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of
the liability for at least twelve months after the reporting date.
Pagell

Ballee & Harryville Community Enterprises
Notes to the Financial Statements for the Year Ended 31 March 2025
Fund structure
Unrestricted income funds are general fimds Ihat are available for use at ihe 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.
Financial instruments
ClasslJ7callon
Financial assets and financial liabilities are recognised when the charity becoines a party to the contractual
provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the Contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of
the charity after deducting all of its liabilities.
Recognllion ond measuremeiil
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except
for those financial assets classified as at fair value through profit or loss, which are initially measured at fair
value (which is nomially the transaction price excluding transaction costs), unless the arrangement constitutes a
financing transaction. If an arrangernent constitute5 a financing transaction, the financial asset or financial
liability is measured at the present value of the future payments discounted at a market rale of interest for a
similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there
exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a
net basis, or to realise the asset and settle the liability simultancously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the
rinancial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and
Tewards of ownership of the financial asset, or c) the Charity, despite having retained some, but not all,
significant risks and Tewards of ownership* has transferred control of the asset to another party.
Financial liabilities are derecognised only when th¢ obligation specified in the contract is discharged, cancelled
or expires.
Page 12

Ballee & Harryville Community Enterprises
Notes to the FinanciaI Statements for the Year Ended 31 March 2025
3 Ineome from charitable activities
Unrestricted
funds
General
Total
2025
Total
2024
Rental Income
Service Charge
Interest on l year fixed money desk deposit
Community Cluster PTogramme-Mid & East Antrim
Borough Council
Community Cluster Programme-DSD
Cost of living support grant
51.274
9,386
4,011
51,274
9,386
4,011
53,963
9,893
15,446
5,759
2,751
1,500
1.500
66,171
66,171
87.812
Page 13

Ballee & Hariyville Community Ei nterprises
Notes to the Financial Statements for the Year Endcd 31 March 2025
4 Expenditure on charitable activitie5
Unrestricted
Total
2025
Total
2024
General
Restricted
Rent collection fee
Sundry expenses
Accountancy fees
Bank charges
Water rates
Light, heat and power
Insurance
Community Cluster
Programme-mid & East Antrim
Borough Council
Community Cluster
Programme-DSD
Technical Assistance Renewable
Energy Project
Depreciation of freehold property
5,143
3,209
2,550
5,143
3,209
2,550
5,396
17
2,370
ioi
602
3,665
3,634
602
3,665
3,634
2,809
4,973
15,451
7,014
109,360
109,360
36.500
(543)
36,500
36,500
55.306
109.360
164,666
74,088
£55,306 (2024 - £52,166) of the above expenditure was attributable to unrestricted fijnds and £109,360 (2024 -
£21,922) to restricted funds.
Page 14

Ballee & Harryville Community Enterprises
Notes to the Financial Statements for the Year Ended 31 March 2025
5 1¥4et incomingloutgoing resources
Net (outgoing)lincoming resources for the year include..
2025
2024
Accountancy services
Depreciation of fixed assets
2,550
36,500
2,370
36,500
6 Trustees remuneration and expenses
No trustees, nor any persons Connected with them, have received any remuneration from the charity during the
year.
No trustees have received any other benefits from the charity during the year.
7 Staff Costs
The monthly average number of persons (including senior management / leadership team) employed by the
charity during the year expressed as full time equivalents was as follows:
2025
2024
Administration
No employee received emoluments of more than £60,000 during the year.
8 Taxation
The chaTity is a registered Charity and is therefore exempt from taxation.
Page 15

Ballee & Harryville Commuiiity Enterprises
Notes to the Financial Statements for the Year Ended 31 March 2025
9 Tangible fixed assets
Land and
buildings
Total
Cost
At l April 2024
912,487
912,487
At 31 March 2025
912,487
912,487
Depreciation
At l April 2024
Cliarge for the year
546,034
36,500
546,034
36,500
At 31 March 2025
582.534
582,534
Net book value
At 31 March 2025
329,953
329,953
At 31 March 2024
366,453
366,453
10 Debtors
2025
2024
Trdde debtors
Prepayments
Other debtors
5,321
4,303
5,738
419
22,460
28,617
9,624
11 Cash and eash equivalents
2025
2024
Cash at bank
393.275
450,034
Balances held by the charity that are not available for use by the charity
2025
2024
Balanoes held by the charily that are not available for use by the charity
2,020
2,020
Included within cash are amounts relating to tenant deposits held by the charity. These amounts have been
ring-fenced by the tsustees and may be repaid to the tenants upon satisfactory completion of their rental
contracts. As such, the trustees have decided not to spend these funds and included a corresponding Creditor in
the financial statements and as such there is no effect on the net assets figure.
Page 16

Ballee & Harryville Community Enterprises
Notes to the Financial Statements for the Year Ended 31 March 2025
12 Creditors: amounts falling due within one year
2025
2024
VAT grant repayable
Other creditors
Accruals
1,113
2,020
4.257
3,885
14,020
3,242
7,390
21,147
13 Funds
Balance at
31 March
2025
Balanee at I
April 2024
Incoming
resourees
Resource5
expended
Transfers
Unrestricted funds
Generftl
Rental income and service
charge
Cost of Living Support
Interest on l year fixed
money desk deposit
367,189
60,660
1,500
(55,306)
37.390
409,933
1,500
4,011
4,011
367,189
66,171
(55.306)
37,390
415,444
Restricted funds
Renewable Energy Project
Property Grant Fund
Children In Need
111,355
341,233
4,180
(109.360)
1,995
303,843
4,180
(37,390)
Total restricted funds
456,768
109,360
(37,390)
310.018
Total funds
823,957
66.171
164,666)
725,462
Page 17

Ballee & Harryville Cominunity Enterprises
Notes to the Financial Staternents for the Year Ended 31 March 2025
Balance at
31 March
2024
£(As
restated)
Balance at I
April 2023
Incoming
resources
Resources
expended
Transfers
Unrestricted funds
Geiieral
Rental income and service
charge
316,618
66,607
(52,166)
36,130
367,189
Restricted
Community Cluster
Programme-mid & East
Antrim Borough Council
Coinmunity Cluster
Programme-DSD
Renewable Energy Project
Property Gi'ant F4und
Children In Need
15,446
(15,451)
5,759
(7,014)
543
1,255
110,812
378,623
4,180
111,355
341,233
4,180
(37,390)
Total restricted funds
493,615
21,205
(21,922)
(36.130)
456,768
Total funds
810,233
87,812
(74,088)
823,957
Page 18