B.C.W. TRAINING LIMITED
- Donaghey
Stockman
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 MARCH 2021
2021
2020
Notes
Income
Administrative expenses
Other operating income
254.592
1225,601)
2,693
251,676
(227,413)
Operatlng 8urplu$
31.684
24,263
Int&rest recelvable and similar income
Surplus beforo tax
31.691
24.263
Taxation
Surplus for the flnancial year
31,691
24,263

Irwin
. Donaghey
. Siockman
B.C.W. TRAINING LIMITED
BALANCE SHEET
ASAT31 MARCH2021
2021
Nolts
2020
Fixed assets
Tangibla assets
12,147
4,809
Current a5s•ts
stocks
Debtors
Cash at bank arKI In h8nd
1.250
24.860
13.786
1,250
28,751
31
Credltors: amounts falllng due wlthln
on• year
39.896
28,032
(20,1431
(24,8061
Ilet current 45s8ts
19,753
3.226
Total assets l•s$ curr•nt liablliti
31,900
8,035
Credltors: amounts falllng due after
mtve than one ￿ar
(7,8261
Net assets
31.900
209
Capltal and reserves
Called up share capital-
Other reserv85
In￿rne and expenditure aCc￿jnI
23
10,500
21,377
23
10,500
{10,314)
Total equlty
31,900
209
The fin8nual ststements were appFoved by management and aulhorised for issue on 19 October 2021 are
signed on Its bèhaw by..
J Hill (Seeretsryl
Blacklchalrpetson)
Society Registratlon No. IP000249

Irwin
- Donaghey
Stockman
B.C.W. TRAINING LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 AIARCH 2021
2021
2020
Not•8
Ca$h flows from oporatlng a¢tlvltle8
Cash ganerated from operations
44.871
21,702
Invgstlng •¢tfvltles
Purchase of tangible fixed assets
Intere51 recaived
{10.772)
11,560)
Net cash us•d In Invostlng actlvlU•8
{10.7651
11.560)
Flftancing a¢tivitl68
Repayment of borrowings
{9.1¢)0)
(18,1001
Net cash used In flnancing activitle8
{9,1001
118.100)
Net increase In cash and ca¥h equlvalents
25.006
2.042
C•sh and cash equivalonts al beginning of year
(11,220)
(13,2621
Cash and equivalents at end of yoar
13,786
(11,220)
Relatlnq to:
Cash at bank and in hand
Bank overdraftg included in creditors
payable within one year
13.786
31
111.251}

B.C.W. TRAINING LIMITED
Irwin
Donaghey
. Siockmon
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Accountlng pollcles
Society InforynatFon
B.C.W. Training Limited is a soaety domiciled and incorporated in Northem Ireland. The registered office is
Untt 18 Moyle Enterprise Park. BALLYCASTLE, Co Antrim, BT54 6EZ.
1.1 Accountlng eonvontion
These financial statements have been prepared In accordance with FRS 102 'The Financial Reporting
Stsndard ?pplicable in the UK and Republic of Ireland" I'FRS 102.1 and the requirements of tho Co-
operative and Community Benefit Societies Act (Northem Ireland} 1969.
The financial statements are prepared in sleding, which is the functional currency of the society. Monetary
amounts in these financial statements are rounded lo the nearest £.
The financial ststem8nts have been prepared Ltnder the hisloTtcal cost COn￿ntion. The prtncipal
accounting policies adopted are sel out below.
1.2 Tumover
Income is recognised to the èxtent that the society obtsins the right to consideration in exchangè for its
services. Income is measured at the fair value of the consideration received or receivable.
1.3 Tanglble fixed assets
Tangible fixed assets are initially measured al cost and subsequently measured al cost or valuation. nel of
depreciation and any impaimient losses.
Depreciation is r&cognised so as to write off the cost or valuation of assets less their residual values over
their usefvl lives on the followng bases..
Land and buildings Freghold
Fixtures, frttings & equipment
Computer equipment
Straight line ovgr 20 years
25% reducing balance
12.5¥0 reducing balance
IA Impaliment of flxed assets
Al each reporting period end dale, the society reviews the carrying amounts of its tangible assets to
determine whether there is any indication that those assets have suffered an impaimienl loss. If any such
indic81ion exists, the recoverable amount of the asset is estimated in order lo determine the extent of the
impairmont lo¥$ lif any). Where il is not possible to estimate the recoverable amount of an individual asset,
the so¢lety estimates the recoverable amount of the cash-generating unil lo which the asset belongs.
1.5 Stock
Stock$ are slated al the lower of cost and esb'maled selling price less costs to complete and sell. Cost
comprbes direct maleri81s and. where applicable, direct labour costs and those overheads that have been
incurred in bringing the stocks lo their present location and condition.
1.6 Cash and cash equivalgnts
Cash and cash equivalents are basic financ4al as$6ls and include cash in hand, deposits held at call with
b8nks, other short-lerm liquid investmen15 With original maturities of three mnlhs or less. and bank
overdrafts. Bank overdrafts are Shown within borrowings in Current liabilits"es.

B.C.W. TRAINING LIMITED
Irwin
- Donaghey
. Siockmon
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
Accountlng pollcies
{Contlnuodl
1.7 Financlal Instruments
The society has electod to appty the provision$ of Section 11 'Basic Financial Instruments, and Section 12
'Other Financial In$truments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are reeognised in the society's 8tstemenl of financial position when the society
becomes party to the contractual provisions of the instrument.
Financlal ass&ts and Ilabilities are offset with th& nel amounts presented in the financial slalements when
there is a legally enforceable right to sel off the recognised amounts and the￿ is an intention to settie on a
nel basis or to realise the asset and selue the liability simultaneously.
B•slc flnanclal assets
Basic financial assets, which include debtors and cash and bank balances. are initially measured al
transaction price including transaction costs and are subsequently carried al amortised cost using the
effective interest method unless the arrangement conslilules a financing Iransaclion, where the transaction
is measured at the present value of the future receipts discounted al a market rate of interest. Financial
assets cla53ified as receivable wRhin one year are not 2mortlsed.
Classification offinanclal Ilabilitios
Financial liabilities and equity iftstrumenls are classified according lo the Substan￿ of the contractual
arrangements entered into. An equity instrument is any contract that gvidences a residual interest in the
assots of the society after deducting all of ils liabilities.
Basic financial liabllltles
Basic financial liabilitiés, including creditors, bank loan3, loans from fellow group companies and
preference shares that are classified as debt, are initially recognised al transaction price unless the
arrangement constitutes a financing transaction, where thè debt instrument is measured at the P￿sent
value of the future payments discounted at a market rale of interest. Financial liabilities c18ssffied as
payable within one year 2Te not amortised.
Debt instnjments are subsequenlty carried at amortised cost. using the effective interest rate method.
Trade creditors are obligations lo pay for goods or setvices that have been aryuired in the ordinary course
of business from suppliers. Amounts payable afe dassified as curronl liabilities rf payment is due within
one year or less. If not, they are presented as non-currenl liabilib"es. Trade creditors are re¢ognised initially
al transaction pric8 and subsequently measured at amortised cost using the effective interest method.
1.8 Equity Instruments
Equity instruments issued by the company are recorded at the proceeds received, nel of transaction costs.
Changes in the fair value of derivatNaS that are designated and qualify as fair value hedges are recognised
in profil or loss immediately, logelhgr with any changes in the fair value of the hedged asset or liqbility that
are attributable lo the hedged risk.
1.9 Employee bonefits
Payments to defined conlnbtltion retirement benefit schemes are tharged as an expense as they fall due.
1.10 Retiremgnt bpnoffts
Payments to defined contribution r81irement benefit schemes are Charged as an expense as they fall du@.
10-

B.C.W. TRAINING LIMITED
- Donaghey
Stockman
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
A¢counting pollcles
(Continued)
1.11 Government grants
Government grants are recognised al the fair value of the asset received or receivable when there is
reasonable assurance that the grant eondilkjns will be mel and the grants will be received.
A grant that 5P8cifies perfonnance conditions is recogni8ed in income when the performance conditions
are mel. Where a grant does not specify performance conditions il 15 recognised in income when the
proceeds are received or receivable. A grant received before the recognition criteria are satisfied is
re¢ognised as a liabilty.
Employee8
The average monthly number of peTsons employ¢d by the soryety during the year was 812020 - 81.
2021
Number
2020
Numbor
Total
Tanglble fixed assets
Land and Plant and
buildlngs machinery
Total
Cost
At 1 Aprfl 2020
Additions
59.647
116,760
10,772
176.407
10.772
At 31 March 2021
59.647
127.532
187,179
Depreciatlon and Impairn1ont
At 1 April 2020
Depreciation charged in lhe year
58,584
63
112,014
3.371
171,598
3.434
At 31 March 2021
59,647
115,385
175,032
Carrylng amount
At 31 March 2021
12,147
12,147
Al 31 MarGh 2020
63
4.746
4,809
Debtorn
Amount8 falling du• withln on8 yoar:
2021
2020
TTrdè d8btor8
24.860
26,751
11

B.C.W. TRAINING LIMITED
Irwin
- Donaghey
. Stockman
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
Creditr>r8'. amounts hlling due wllhln one year
2021
2020
Bank loans and overdrafts
T￿tioTr and social security
Other creditors
11,251
1.385
12,170
1.439
18.704
20,143
24,806
Credltofs: amounts falllng due after moro than one year
2021
2020
Other mdltor¥
7,826
Cash generated from operatlon8
2021
2020
Prgfrt for the year aft8r tax
31,691
24.283
Adjustments for.
Investment income
Dopreaalion and impaim)ent of tangible fixed assets
{7)
3.434
3,790
Mov•ments in worklng capital:
D8creasel(increas8) In debtors
De¢rea* in Creditors
Invease In delerred Incomg
1.890
{2161
8,079
16,2401
Cash gengratod from operatio
44.871
21.702
An•tys18 of ehang•$ in not fund•l{dabtl
1 Aprll 2020 Cash flow
31 March
2021
Ca$h al bank and in hand
Bank overdrafts
31
{11.2511
13,755
11,251
13,786
Borrowings excluding overdrafts
(11,220)
(12.926)
25,006
9,100
13.786
{3,826)
(24,146)
34,108
9,960
12-

Irwin
- Donaghey
- Stockman
B.C.W. TRAINING LIMITED
ADDITIONAL INFORMATION
Thg additronal infomation has been prepared from the accounting ret>Jfds ol the society. While il does not
form part of the 8tslutory fln8nctal 8tat•ments, it should be read in conjunction with them and the auditorfs
report thereon.

B.C.W. TRAINING LIMITED
Irwin
- Donaghey
' Stockma
DETAILED INCOMEAND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 MARCH 2021
2021
2020
Ineomg
Training for SuGcess
Other Incomg
252,260
2.332
251,e76
254.592
251.676
Other operating Income
Government grants recewable and rèleased
2,693
Administratlv8 oxpens08
Direct wages
Training for Succes5 costs
Trainee expenses
Training fees
Staff pension ¢osts defined contribution
Ront payable
Power, light and heat
Property repairs and maintenance
Premises insuranc8
Computer running eosls
Professional subscription8
Audit fees
Bank charges and interest
Printing and slattonery
Advertising
Telecommunications
Sundry 8xp8nse8
Depreciation
116.472
5,930
41.133
29,354
1,438
12, 149
2,594
4.123
1,078
1,256
114,187
9.227
49,250
18,222
1,370
11.952
4,440
7.411
971
592
253
2,580
870
1,275
299
663
61
3,790
2.S80
399
718
1.161
811
970
3.435
(225,6011
{227,413}
Operatlng ourplus
31,684
24,263
Investment revgnu•s
Bank interest received
Surplus forthe financlal ygar
31.691
24,263
13-