Ballymacash Sports Academy Limiked statemenl of Flnanclal Activltles k*r the Year Ended 31 March 2025 (Including Income and Expendllure Accounl and Statement of Tolal Recognlsed Galns and Losses) Unresmcted fund¥ Tol 2025 Not• Incom• and endowm•nts from: Dorialions and legocies Charitable acliv11￿$ 31.185 219.670 31.185 219.670 Total income 250.855 250,855 Exp•ndllure or Raislng lunds Charflabbe o¢livil I17.7￿) 228,664 I17.7￿) 228.664 Total expendltLre Net income 246.364 246.364 4,491 4,491 Net mvement In fijnds 4.491 4,491 R•concllollon ol lunth Total bJnd5 broughl Icrfword Total Ivnds cairied l¢yward 85,227 85.227 14 89,718 89.718 The notes on pages 14 10 251¢)rm on integrol wrt of these fina￿101 slolements. Poge 10 8allymacash Spc*ts Academy Limited stolement of Flnanclal Acllvlties for the Year Ended 31 March 2025 (Includlng Income and Expendlture Account and 5talement of Total Recognlsed Galns and Losses) Total 2024 lunth Nd• Incom• and End0￿￿•th Ironr tksnolions ond leg(Kies Choritobk activil*s 3.912 166,4&9 3.912 166.488 Tolol income 170.4CO 170.4CQ exp•ndllur• gn: Raising funds Chorftable o¢lNi 18.2931 172836 18.2931 172836 Total eypendllL*e 181.129 181,129 t expendlwe 10.729 10.729 I rrKsvenMJnt In l￿d$ 110.7711 110.7291 R•cancllaNon ol lundi Tolol lunds ￿jght fowcrd Total lunds ccwrfed 95.956 95.956 14 85.227 l ol the chority's octtwlies dfflive from con11r￿￿ ¢p￿th￿l$ dwlng the above perfcrfjs. The lund5 iyeakdcwm l¢y ￿24 is in note 14. The notes on poges 14 to 25 trmi on inlw pcwl ol Ihese rn0￿id stotemenls. Pogell Ballymacash Sp￿ts Academy Llmlted (Reglstrallon number. NP000442) Balance Sheel as at 31 March 2025 Flx•d ￿lets Tongible ossets 1.498.031 1.017.4JJ ev￿*nI aM•ts Debt￿$ C05h ol tonk in hond 10 14.075 19282 22A70 209.912 33357 232.782 Cre(Nlry* Am¢)unts f<*1 willln yec N•t cmnl (Ilobllllle5)/ass•ts 193.736 92.941 160.379 139A41 7otal assets bess clffent Uablmes 1.337.652 1.157.271 Crethr* Amounts fa*ng oler more IIKM one year 13 N•t aM•ts 1.247.934 1.072.044 89.718 85.227 Funds of the chtywr. UrK•slrlcl•d lunds UnTestricled funds Other reseryes 142,0721 131.790 146.5631 131.790 Total uniestricted fund5 89.718 85.227 T•lul fvnds 14 89.718 &5227 The notes on pow 14 10 25 f(xm on integrol of these fin￿e1￿ 5tolements. Poge 12 Ballymacash Sports Academy Limlted (Reglsfrotlon number. NP000442) Balance Sheet as al 31 March 2025 For the fjnanciol yeor endirKJ 31 March Y)25 th8 charity was enthlled lo exemplion from avdt vnder section 477 ol the Componie5 Act 2CxJ6 relating lo small companie5. Dire¢lor5' responsi1￿111[0s'. The member5 have Th)1 required the charity lo obtaln an avdll ol its accovnls lor the ￿Or in question in accordance with section 476.. ond The dke¢lors aCknO￿adge their responsibS1ili8s lor comFwng wilh the requlrements ol the Acl with respect lo accounting r8cord5 and lh8 prep(wation ol accounts. The finonclol statements on pages 10 10 25 were approved by the trustees, ond oulhori5ed lor is5U on 7 October 2025 ond slgned on their beholl by= Mr Phillp Trlm D￿0¢tor Mr Ben Thompson Direct¢y Ihe notes on pages 14 to 25 tcwm on integral part of these fina￿1￿ slalernents. Page 13 Ballymacash Sporls Academy Llmlted Notes to the Flnanclal Statements for the Year Ended 31 March 2025 I Ch(xlty sta￿1 The chcrfity Ys limiled by guoronlee. incorr)orated In N(xthern Irdond. and consequenlW do8$ not hove share copilal. Eoch ol the trustees is liotAe lo Cont￿Ute an amtxjnl not exceed￿9 £Nil I¢￿Or(IS Ihe a55els ol the chorfty in the evenl ol I￿vId0t[0n. Ihe oddress ol Ils regisler8d office Is: Ihe 81uebdl Sports Vill(￿8 loo Rushmore Drive LisbLffn Co. Anlr5m 8T28 2HN These finoncS0l stalemenlswefe oulhorised l&we by the Iruslee5 ¢Jn 7 October 2025. 2 Accounllng poll¢l•1 Surnrn￿ ol slgr4n¢ont accountlng pollcl•s and k•y accounllng •illrnales The prfncipol accovnling poI￿leS opplied In Ihe preparollon ol these linonclol slolemen15 cye out below. These policies hav8 been con￿$t￿nIlY apF4ied lo oll IMJ y•ars Fxesenled, unlass olherwse slated. Slol•m•nt of compllan¢• The linoncid slalements hove been prepored In acc¢Jrdonce ￿th Accwntkng ond Reportlng by ChcMfjlSes'. Slalemenl ol Recommended Proclice lopplic0￿e lo charilies FYep¢ing Ihew ¢xcounls in accudance with the Hnonciol Reporling Slandlyd Op￿Ic0ble in Ihe UK ond Republic of Ireland IFRS 10211 lissued in Oclobet K)191 . ICWtie5 SORP IFRS l(r211, the ￿nOnC101 Reporting Stondord OP￿[cObIe i) the UK and Rep￿rie ol Ire￿r￿1 IFRS 1021 and Ihe Companies Act 3JO6. Bosls ot pr•parn ￿ subject lo condlllons Ihal requwe o level ol perfellnan¢e by the chority befue the chorily is enlilled to the funds, the income Is deferred and r)ol recogni58d until eilher those condition5 lye ful￿ mel. or the lulfilmenl of those conditions Ls wholly within the control ol the chority ond It Is probable Ihol Ihe5e condlions wl be IvllilleL1 in the re￿lIng p*iod. Exp•ndlhN• All eyp6ndllure 5$ recogni5ed once Ihere is a legal c¥ construcllve ot4igolion lo Ihol expandllvre.11 is Fyobobte sefllemenl i5 f6quif8d and the omounl ¢¢n bg measured rekably. All costs ore ollocoled lo Ihe appI￿able expenditure h8adirsg Ihal aggregate 5imilor cosls lo that colegory. Where c0515 connol be directly attriixJl&d lo particular heading5 they hove been olk)coled on a basts consi4lenl wilh Ihe use of resources, with cenlrd sloff costs allocated on the bosis ol tlme spent, ond deprecN?Ilon chorges allocoled on the pothon ol the assel's use. Olhèr SUF)POrt costs ore allocoted based on the spread ol $1011 ¢051s. All resources expand6d are tnckjslve of Irrecoverab￿ VAT. These costs InCu￿ed In oltracting volunl¢2ry Income. the managemenl of inveslmenls arKI those incuryed in Iiadlng actSvlles that false funds. Charltable acllvlHe$ cmiritob￿ expendilure compii5es those costs incurred by lh8 charfty In the defvery of ils oclivilies ond services lor ils beneficiarie5. 11 includes both costs Ihal con be all￿01ed dlreclty to svch oclivilies ano those costs of on Indlrecl nature necess(y lo support them. Support ¢0 Support costs Inclvde cenlrol Ivnclions orKI hove been allocoled lo aclivlty cost Categ￿85 on a bosis consislenl with the use ol resources. lly 8xample, ollocoling property cosls by floor areos. or per copila, slolf ¢0515 by th8 lime spent and other cos15 by their usage. Gov•manc• costs These include Ihe costs ol1n￿ll01￿9 lo the chority'5 compliance wtt) con51iluliond and slolulory requiremenls, inclurfing acccxjnlancy. 5trotegic manogemenl and Inxslees's meetlngs and reimbutsed expenses. Irre¢weroble VAT Irrecoverable VAT Is thcyged ogoinsl Ihe cotegw of resources expended f(x which It was Incvrred. Poge 15 Ballymacash Sports Academy LimHed Notes to the Flnanclol Statements for the Year Ended 31 March 2025 I Chth st¢)lus The chcyity ￿ fimtled by guar(mlee. f￿rfF)￿ted n ￿hern Irelond. corseq￿n￿Y does not have shore copilol. Eoeh ol the InJstees i% fKJtrAe lo contnixrte on arrK)unt not exceeding £Nil lowords the assets ol the ch(￿ty ffl the event ol licyjalion. Ihe (Kjthess of ils reg￿tered office is: The Bluebdl sp￿1$ Vloge Ilkj Rushm(xe Eknv8 LisbLYn Co. Anlrim 8T28 2HN These fIr)one￿ stotementswere ￿t￿y￿ed f￿ iswe by the Irustee5 on 7 Oclober 3)25. 2 Accounlirwj pdldes ol SI9￿C1]nt occowthng poHcies ond key occountlng esllmates The FMncipal occounliThJ polties opplied in the Fffep(YotvJn ol these firK]nciol slotements tre s81 out below. T￿se Oicie5 have been congstentty lo al the years presented. vnless olher¥Mse slaled. Slalem•nl of complian¢• The financid 5*olements hove t)een prep￿ed in acc￿dance ￿1￿ Accountlng and Repxling by ch￿11￿5.. 51otemen* ol Rec(￿n￿nded Pr￿lIce l(w5c0b￿ to chorilies [xepc￿fYa they crcounts in occ(Kdance wth Ihe ￿nar}cK]I Rewrtmg Stondarcl op￿￿Oble in the UK ond ReputAic of treland IFRS 10211 li59Je(l fft Oclobef 2)191- IChcxih85 SORP IFRS 10211. me ￿nanCI01 Reporting Stond(xd op￿•co￿￿e UK {￿d Rep￿￿e of kekjnd IFRS I￿1) orKI the COrWn￿ Act 3x￿. ¢1 W•p￿allon Bollymocosh Sp￿ts Acoderny LirThled meets the defiTht*?n of o pu￿¢ benefit entily ￿der A¢S I￿2. Assets ond lo￿lItES ¢ye iiwtiolty recw)r5ed ol htstoricd c￿1 ￿ InJr￿ctI¢>n value unless otherwise stated in t￿ relevonl ¢xcwn1ng notes. Golng concem The finoncid stalements the been rxeFxYed on o wrvJ CC￿ E>)5i5. The t￿ee$ 05sess wtrether the use ol g(yng concem ￿ OPFxormle i.e. Wtheth￿ there ore ony materiol uncVt￿￿l￿S rdated lo events ￿ c¢y)cfjIKin5 thot may cost 5iwificanl dcxjbt on the abilty of the cfrKAily to continve as o g¢ing concem. The tW5tee5 fTK*e Ihi5 assessm￿1 respect of o period ol one Ye￿ frcxn the date of op[￿0val ol fiThjr￿¥al stolements. Page 14 Ballymacash SP￿ Academy Limlted Notes to the Financlal Statements for the Year Ended 31 March 21Y25 Income and endowments tncome predominatety represents tr¢c¥ne received for Ihe v* of Ihe C￿rftyS lacthlw. Donqlfons and legaci•s Dor)alions ¢Je recOgn￿ed vthen the thoity h05 been notrffed ￿ V*ritiro ol t)olh th8 trnount ond 5elllemenl dote. In Ihe event thot o doThJliw 15 Svtjjecl lo conditK>ns Ihol reqvye o level ol pertomionce by the chority bef￿e the charity ￿ enlilw to the knds. the income Ks deferred and rnl r8CO9ntsèd unlll eithw Ihose ¢¢)ndilK)ns (ye hJlty mel, or Ihe lulfdment of those condllbns ts wholty wlthln Ihe contrd of tr￿ and It b yoboble that these ¢onditions wi be ￿fIlled in the rewtrvJ pericmj. Exp•rKIIIw• All eypendilure is recogni5ed ¢￿e Ihere is o legal or corstwclNe oNKJotion lo that expenditwe, 11 15 ￿0babIe settlement 15 reqwed and the omovnt con be meowred relobly. All cosls tre ¢llocoled lo 1he op￿￿0t)le expen(Slure heodirKJ that ag￿e9ale 5imil(x CO515 10 thol category. Where cos15 corrnt b& ¢*ectly otm1￿l¢d lo rX¥1￿ulal heo(Sry they IKJve been albcoled on o basis conslslenl with use ol wwces. wilh cenlrd sloff costs oll¢xaled on Ihe basi5 Ot time spent. ond dwec*Jlrt￿ ch(yges oltholed cm the p￿liOn of the asset's vse. Other c05ts oro olhxaled based on Ihe spread o15talf costs. All fescLJrces expended tye k£hJsfve of trmcovwobkn VAT. Ratslng lunds These (xe costs incwed In oMr(Kting ¥(￿UnIory Inc¢)me. Ihe morKJgemenl of inveslments ond Ih05e ircuThed in trading activrlies thot rose Ivnds. Ch¢)rflobl• odlvff1•5 Charfloble expendture compth Iftse ¢05ts vKwed by th8 ¢ho1fy kn the deThvery ol Ils oclivilies and serv￿e5 lor ils beneficiories. 11 wickldes bolh costs Ihol con be allocated di￿¢1￿ to such aclivitie5 and costs of ￿ wKlir8cl nalwe necesS(My 10 5upwI Ihem. Svpport cosls Supp￿1 costs I￿lUde centrd lunctM)ns OtKI h)ve been ol¢xoted to ocli¥ity cost Categ(￿e$ on a bas￿ consislenl lh8 vse ol resOwC￿. Icf examp￿. oll¢xoting property c0515 by fio¢ areos. or per ¢orMla. $tolf cosls by the time spen* orKI olhw ￿$ts by Iheir usoge. Go¥•mon¢e e*)sts These incKJde Ihe costs otlrltwtct48 to the thwity's V+ith c0nslilvlK￿4 l￿d 51otulory requirements, inckJcffing acc(xMttrlCy. 5tralegc rrKJrngemenl a￿1 tW51ees's meet1r￿ and renth15ed expenses. trrecov*r(knle VAT trrecoveroble VAT is cWed oganst cotegw ol res(vce5 expeThJed tc* whth Tl wo5 hcvrred. Pi)3e 15 Ballymacash SP￿ Academy Llmiled Notes lo Ihe financial Stalements fLY Ihe Year Ended 31 March 2025 Taxallt)n The charity i% CO￿d￿ed lo Ihe tests sel (MJI in Pcffagaph I Sche(kI￿ 6 of FirKJnce Act 2010 ond therefore il meets the definition of o ch¢￿ta￿e comporry fry UK corFX)fOtion lax pwp05es. AcC￿alr￿￿. the potenli01￿ exempt from ta¥olKJn in respect ol income or c(pild goins recwved wlhin Cole￿e5 covered by Chapter 3 P¢Jt I l of the Ccwpwtson Tox Act 2010 u Section 256 of the Toxution of Chugeotk Gal￿ Act 19Y2. to the extent Ihol s￿h ￿coMe or gon5 are (wfied exchJ&vety lo charital￿e purposes. TangSbl• Ilxed omets lnd1wdL￿ fLxed cosllro £SJ).CO nx¥e (Ye inrliolty rec(xded al eosl. Fyecloll¢x) ond afflortlsatlon DeKxeciatr)n i5 ryovmyed on towble tsed ossets. orce Ihey in use, 50 as to write off the cost cy voluation, 1855 any eslsmoled re*Ac*Jd ¥a￿Se. over t￿[ estimoled usefLI economr lrfe as fdlows: Asset clo F￿tUreS & fittlngs Plonl & mochinwy IO% slroight Ilne IO% stroighl Trad* debtors Trode debtQT5 ore omoun15 (*Je from cus10Th￿ m¢Tchandse 9Yd or 5wvices perfcmed in the ￿dir￿ry cTrJr5e of bu5ines5. Trade debtors ￿ recogni5ed inilM* ot the knsoction Kxice. They are subsequenlty rrE(3wred al UMryt￿e(l cost thing the effective interest matltrxl. less provi￿(￿ for impairment. A provi&on f(x Ihe impaiment of tr(Kle debltJ5 is estobfrshed when there is obieclive eVIde￿e that the chority bvl ￿1 be ob* lo c(*t dj amolmls due according to tr io•nol lefms ot the receivotAes. Cash ond cath equfvalef Cosh ond cash equivolenls comtxl* cosh on h(￿d aThY coll depogts, and other str￿-teM highty IquKI investments Ihcrt ore reodty convertiLle lo o kn¢)wn amwnt of ¢osh and SU￿eCt lo on in5igr1ffc￿t iisk of clKX)ge ￿ vdue. Pop 16 8allymacash Sports Academy Umited Notes lo the Flnanclal Slatemenls lor the Year Ended 31 March 2025 Tmde cr•dllors Trade CTedilor5 are obfigotion5 fo poy for goods w services Ihat hovo been acqvired in the cKdinory coutse ol bvsine55 from suppliers. Accounts poyoble ore c10$5ified as CLVTenl rf the chority does not have on unconditional righl. ol the end of the reporting period. lo defer Sett￿ment ol the creditor ol leos1 twelve monlhs aller Ihe reporling dole. there Is on unconditior￿1 righl lo dgfer selllemenl lor ol ￿051 twelve months oller Ihe rep￿ting date. thgy are syosanted as non-cwrent liabilitie5. Trode creditots are recognlsed Inlllolly ol the Ironsoclion ￿lce and subseqvenlty meosvred al omort15ed cosl using tho ell8Ctlve interest method. Inleresl-beoring borrowngs cxe iniliolly recordcd ol lalr voluts. net of Ironsocllon c￿1$. Inleresl-beoring borrowings subseqventy C￿le￿ ot cmortised cosl. with Ihe difference etween the proceeds, nel ol Iransoclion c0515, and Ihe amount due on redemptlon being recognised 05 0 chorge lo Ihe Statement ol ￿nancIal Activlties over Ihe perfod of I relevont borro%￿ng. Interest expense is recognised on Ihe basis of the effeclNe nlerest melh¢)d and is inclvded in Interesl poyable and slmllar charges. Borrowlngs are C￿$$1119d 05 curr6nt nobilllle5 unle$5 the charfty hos on vncondSlbnd rlghl lo delw selllemenl of the Iloblllty ot least Iwefve month5 oller the reporling dote. Fvnd thuclur• Unreslricled incom& funds are gen¢rol fvnds thol (xe avalable for use ol the Iiu51ees thscrelion n lurtheronc8 ol the otiectives ol Ihe charity. De5ignaled funds (Te unrestricted fund5 Sel aside lor speclfic purposes al the thscre￿n ol the truslees. • Other funds repr8senl the contributions m¢Jde by memb&ts ol the gener¢J wblic loward5 t creatlon ot the lutwe lnfro51ru¢l￿e ol the chSgotK)n spetified kn the ¢onlrocl is di5chorged. cancdw ￿ ewres. Inv•slments Investments in nor￿VertIble prefwence sh(Yes rK)rwMat4e orcfinoy cw preference shares (where Sh￿eS ore troded cx Ihew low vokje is rel10b￿ meaWrob￿I are meawred at Ic¥ volve through ￿0￿1 orloss. Whwe lar WO￿ COMOt trt mectsured rel0￿y. Iveslmenls are meawred al c05t less ¥Mpaw￿l. Inveslmenls in sub9dor*s and osKtiale5 rye ffleowred ol c051 less impyJI￿enf. For investments in sub&dcw ocw¥ed f¢y con9derotion KichJdng the issve o15hores quolitying for merger refief, cost is meowred by reference lo the rKxnind ol the shares issued pbJs foff vdue of other CO￿ld￿ro110n. Any 15 yirxed. DerfTAJllve Ilnonclal Inthumènts The chority v5es derivotive fin(mciol i￿truments lo re(kJce expoyjre lo foreign exchonge ii5k and interest rot8 movements. The chcxity th)es not hcAd (* ￿ve derNatÉve financKIl ins1wmenls lor speoJtotNe purA Derivolives ￿e iniliolty recogr4sed otr foir ol Ihe (kjle a derNoINe c¢Jntroct is entered into ond ore subsequentty remeoyxed to Iheir for volue ol each reporling dule. The resvlling goin or Ios5 ￿ recogn¢ed in slalerrtnl ol ffiaTr￿1 activities Thmediotety ￿lesS the derivottye 15 designoted and effective 0$ o hedging inslrument. in V4h￿h event the trning ol the recognif¥)n in slalemenl of ￿anC￿￿ adNities depends on the nolLre ot the hedge rejah￿SINp. Paw 18 Ballymacash Spoth Academy Umlted Notes lo the Flnancial Statements for the Year Ended 31 March 2025 Falr volué rneosuremenl The best evidence ol lar vdue is o qvoted prrce for an idenliccl thset in octive mcvket. When quoted prices are vnavailable. the ￿ce of o ￿cent Iran5aclion lor on identical 055el provides evidence ol loir value os long 0$ Ihere hos not been a signif￿onI chonge in econo￿￿C circumstances or o stgntffcant lopse ol lime since the tronsoction look r￿aCe. If the rllorkel is not oclive and recent tronsoclion5 01 on idenlicol asset on ther own are not a good estwnale ol frjir volue, the ltiir value ks estimated by usng a voluation technlque. 3 Income from donallons and legacles Unrèslrktèd funds General Total ftsnd$ Donolions ond legocies.. Donalions from componles. trus15 and ￿MI{Y wcteeds Donalions from individuals J.915 250 ).935 250 Tolol for 2025 31.185 31.185 Total lor 2024 3.912 3.912 al Incom• from charltobl• acllvlll•s Unrestrlctèd funds G•n•rol funds Hire of facifities Sponsorships Govemmenl grants Other grants Jndroiyng Total for 2W25 116.967 116,967 20.892 53.1 23.471 X)£92 53,140 23A71 219.670 219,670 Total for 2024 166,488 166.488 Pa￿ 19 Bollymacash Sports Academy Llmlted Notes to the Flnoncial Statements for the Year Ended 31 March 2025 5 Expenditure on chuitabl• activHI•s Urne51rtcted lunds General Total lunds Woges & salarie5 Stall costs & pensi￿$ Premi*s eosls Repaws & maSntenonce Bank chcrges Legal & PrOfe￿orK]I fees Administrolion costs Loon Interest DepreC￿lI0n Rele05e ol caEMlol gr￿ts Total lor 202S 86.706 5,050 45.289 26.184 79 34A)35 9.746 19.494 35A70 36.129 86.706 5.050 45,289 26.184 79 34.035 9.746 19.494 35,870 36,129 226.324 226.324 Total lor 2024 170.736 170.736 Urw•slrlct•d lunds General Tolol 2024 Wages & Salaries Sloll costs & penslons PrerrN595 costs Repais & mointernnce Bank chcrges Legd & professional fees AdMIn￿tration costs Loon Interest Deprecioti¢)n Release of capitol gonts 69.275 3.629 31.493 17.453 37 5.239 8.941 6.960 63.838 36.129 69.275 3.629 31.493 17A53 37 5.239 8,941 6,960 63￿38 36.129 170,736 170.736 In addtK)n lo th8 expenditvre onalysed above, there are d50 govemonce eos15 01 £Z340 12024 - £2.1(A)I whth relate direclty to choriloble sxlimties. See note 6 lor further detoils. Pag8 20 Ballymacash Sports Academy Llmlted Noles lo Ihe Flnanclal Slatements lof the Year Ended 31 March 2025 6 Andyth of 90vem¢￿t• and support costs Govemancg costs UM•strlct•d lunds G•n•ral Totol lunds Allocoled supp(￿* costs 2340 Tolol for 2025 2,340 2.340 Total lor 2024 2,1 2.100 7 Trutt•rt r•mun•raMon and •xp•ni•i No I￿Slee$. nor ony persons connected ￿1b them. have received any remunerotlon from th8 charffy durlng Ihg yecr. No tru518es hove recefved ony relmbursed expenses from Iho charfty ¢*Jrfng the year. l Taxalbon The charity Is o reglslered cha￿ty ond ts therefore exempt from taXa￿on. g Tanglbh Ilx•d aM•ts Land and l)ulldngs Fum5tur• and èqulpm•nl Plant ond machSn•ry Tolal Co Al l Awl X)24 Addlth)ns 607.968 491.678 6XJ.445 1.261.451 516.470 24.792 Al 31 March 2025 1,099.646 57Ag) 6￿,445 1.777.921 Depreclatlon Al l April X)24 Charge lor th8 yeor 6.444 2272 7.577 33,497 244.021 35.869 Al 31 Morch X125 8,816 271.074 279.890 book vdu• Al 31 March 3)25 1.099,646 49.014 349.371 1.498.031 At 31 M¢Jrch 3)24 607.968 26.594 382.868 1,017.4X) Poge21 Ballymacash Sports Academy ilmitred Notes to the Flnanclal Statemenls for the Year Ended 31 March 2025 InclLKled wllin the nel book volue of h2nd buikSw5 above is £NlI I￿24 - £NII In respect ol freeFK)Id land ￿￿7dl￿g5 and £1.099,64613r24- £607,9681 n re¥)ect of leasehdd 10 D•bt 2025 2024 Trade debtors Other deblo 11575 16270 14.075 22.870 1 I Cath and coth •tyfv01•rt5 2025 24 Cash on ts]nd Cash al bank 447 I8￿35 209.909 19.282 209.912 12 Crndlort. fdllng ¢kn Th41hln on• y•¢x YJ25 2024 Bonk l¢)on5 Trade tyedilLW5 Other loans Other loxation and socid secwity other ￿di1¢)[S AccwrJ5 41.6( 26.170 10,126 1.784 75.OZJ 28.522 3.493 3.453 193,736 92.941 Pa98 22 Ballyrnacash sp￿ Academy Lln4led Notes to the Flnancial Sfolements for Ihe Year Ended 31 March 2025 B￿k boThowlng5 Bonk of Ireland UK - Bounce Back Loon S denomiioled in SterfThJ o nominol intere5F rale ol 0%. and the fnol inslolment is due C￿ 31 Moy IL6. The c(Jrying orN)unt ot yeor eTrY is £41,é(* IX)24 . £41.<￿}. As Ihi5 bon finonce ts o Bounce Back Loon. no secvrity ha5 been prov*Jed by the eharity. The loan (% dve to repoid ovgr ￿ monllx frc*n Ir21. H¢)wevw. to dote. repoyments ¢Je not bang requested by the ttyanL Ulsler Comrnunity hvestment Trt￿l Lyniled o coryirvJ am￿nI of £237505 IXJ24 . £245.fXXJI is denory4noled in Slerlro wilh o TK)n￿￿ inleresl rale of 7.5% I￿24 - 6%). The final Snslalm8nl Ss due ￿ 31 March W39. Tho loon h05 been provided on on urfjeawed Thè I(￿Jn is due lo be rep(yd ovef 15 yecx5. 2024 08lerred income ol l Apl 3r24 Resowces deleTh6d in the p￿0d Amovnls released from Frfeviov5 perfod5 1276,7411 1596,5581 36,129 D81grre¢J income ol yecy end 837,170 13 Cr•dI0￿. amomts lokkng du• th on• y• 2024 other loons Deferred income x￿.982 1,038,952 Z34,874 837,170 1,247,934 1.072.044 P¢Jge 23 Ballymacash sp￿$ Academy Limited Noles to the Flnancial Slalerr*nts Ihe Year Ended 31 March 2025 14 Fvnd¥ Balance al 31 M￿ch 2025 8d(mce al I Apra 2024 Incomln9 rex>wces ResOWC•S expend•d Urwe51rfct•d lunds General 1465631 131.790 1246,3641 142.oni 131,790 Dèsignoted Total lund5 85.227 246,364 89,718 lJd the ch(rrify ILWI to meel Ifms criterio. there ts no contractwol obS9)tK)n lo repty tt)ase fL￿d5. Poge 24 Ballymacash Sports Academy Llmlled Notes to the Flnancial Statements lor the Year Ended 31 March 2025 15 Analysis of r*et assets beknn funds Unrestrkled lunds Generd Totd lunds ot 31 Mar¢h 2025 Olher furKIs Tangible ILxed assets Current a55e15 Current liabiliti CrethlcM5 Over l year Total nel ossets 1.399,598 98, 33257 1.498,031 &3.357 1193,7361 1.247.934 1193,7361 1.247,934 42,072 131,790 89.718 Unreslrfct•d fvJnd$ Generd Total lundi al 31 March 2024 Other Jnds T¢JngibSe frxed a55915 Cuffent assets Cuireni fiabilities Credit￿$ over l ye Totol net Ossels 1.017.4XJ IC(J.992 192.9411 .072,044 1.017,4X) 231782 192.9411 1.072,044 131.790 46.563 131.790 85,227 P¢gg 25 Bollymacash Sports Academy Umited Delalled Statement of Financial Acllvilles fof the Year Ended 31 March 21Y25 Totd 2025 Total 2024 Incom• and Endowments from: Donotions ond leg￿leS lonolysed bekJYl Challt0b￿ oclivilies londy58d b￿¢)WI Total Irtome 31.185 219.670 3.912 166.488 170.4 Expendllwe t￿. Ra￿1ng funds loTrJlysed belowl Chorflable ocllvitl8s lorKlysed bek)wl Tolol expen¢Sliff8 Nel I￿¢)Me/{eXPendl1￿e) Nel nK)vemenl In lund5 r¢•c4￿clI￿aN0n al lunds 117.7CQI 18.2931 172.&36 246.364 181.129 4.491 10.729 4.491 110,7291 Total fund5 lyoughl Total lunds corrfed lor4 46.563 35.834 42.072 46.563 Thts poge doe5 fum pcvl of Ihe stalvt¢)ry fjrb3rtkl stotements. Prjge 26 Boltymacash Sports Academy Umhed Detalled Slolemenl ol Flnonclal Acllvltles for Ihe Yeor Ended 31 March 2025 Total 2025 Totd Donolion$ and legaciei Appeals ond donotions Corporole donations 3.912 30.935 31.1&5 3.912 CIKthbl• acllvlff UK Govemmenl gronls Non Govemment Gronls Sponsorship Gym and recovery room Rentcl income FvndraSlng 6.271 43A57 3,530 53.140 7,776 109,190 23.472 107.091 5,739 219.670 166.488 Rohlnq fundi Olher lundrolsing costs 17.7C 8,293 17.7CQ 8,293 Charflabl• ocllvlN•s Woge5 ond Salor￿S staff ￿nsIOnS (Delkned contriE>Jtlonl stall Irainirg Volunteer ex￿n59$ Rent Water rotes LKJhl. heat ond power Insuronce Repow5 ond malntenonce Teleth¢xe and lox IT costs Prinllng, posloge ond stolion8ry Trode subscrfption5 Sundry expenses Cthnlng Trovel and subsistence Lggal and ryolessional lee5 Bank charg95 Loon intefesl 186.7061 11.9061 11,8641 11,2801 13.2C(JI 13,6071 1215611 116,9211 126,1841 11.6041 111541 19251 11.9821 12151 12.8681 169,2751 11.7671 17311 12.4001 13.5571 114.8381 110.6981 117.4531 11.5671 11.5941 11.8381 12.4741 16871 12731 15.2391 1371 16.9601 134m41 1791 119.4941 Ihis page doe5 not form parl ol th8 statulory ffnancld slolemenl5. Page 27 Ballymacash Sp¢)rts Academy Limlted Detalled Statement of Flnanclal Acllvilles for the Year Ended 31 March 2025 Total 2025 Total 2024 DeFYeciotlon of plant ond machinery Derxeciation of fixtures and fittings Release of capilol gronf5 Accountoncy fees 133.4971 12.3721 36,129 2.340 162.0431 11.7951 36.129 2.ICQ 228,664 172,836 This poge does not fom port of the 5talutory ffnanciol stotements. Page 28