BALLYMACASH REGENERATION NETWORK FINANCIAL STATEMENTS YEAR ENDED ENDED 31 MARCH 2024 Johnston Graham Limited CharteredAccountants 216/218 Holwood Road Belfast BT4 1PD BALLYMACASH REGENERATION NETWORK FINANCIAL STATEMENTS YEAR ENDED ENDED 31 MARCH 2024 GENERAL INFORMATION Treasurer Bankers Danske Bank Limited Business Banking POBox183 Donegall Square West Belfast BT16JS Independent Examiners Johnston Graham Limited 2161218 Holywood Road Belfast BT4 1PD BALLYMACASH REGENERATION NETWORK FINANCIAL STATEMENTS YEAR ENDED ENDED 31 MARCH 2024 CONTENTS PAGE Committee of Management's Responsibility Statement Independenl Examiner's Report Income and Expenditure Account Balance Sheet BALLYMACASH REGENERATION NETWORK Page1 FINANCIAL STATEMENTS YEAR ENDED ENDED 31 MARCH 2024 Committee of Managemenfs Responsibility Statement The Committee is required by law to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the organisation at the end of each financial year and the income and expenditure of the organisalion for that period. In preparing accounts, suitable accounting policies have been used and applied consistently, and reasonable and prudent judgements and estimates have been made. The Committee is also responsible for maintaining adequate accounting records, safeguarding the assels of the organisation and preventing and detecting fraud and other irregularities. The Committee is satisfied that the organisation is a going concern. TREASURER BALLYMACASH REGENERATION NEfwoRK Page 2 INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF NORTH LISBURN COMMUNITY INVESTMENI YEAR ENDED ENDED 31 MARCH 2024 We report on the accounts of the organisation for the 12 months ended 31 March 2024 set out on pages 3 to 4. Respective responsibilities of Committee of Management and Independent Examiner The Committee of Management is responsible for the preparation of the accounts. The Committee of Management considers that an audit is not required for this year and that an independent examination is needed. It is our responsibility to: examine the accounts to follow the procedures laid down in the General Directions given by the Committee of Management- and to state whether parttcular matters have come to our attention. Basis of independent examinerfs statement Our examination was carried out in accordance with the General Directions given by the Committee of Management. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as the Committee of Management conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts. Independent examinerfs statement In connection with our examination. no matter has come to our attention- 1) which gives us reasonable cause lo believe that in any material respect the requirements - to keep accounting records in accordance with Standard Accounting Practice: and - to prepare accounts which accord with the accounting records and to comply with the accounting requiremenls have not been met., or 2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. JOHNSTON GRAHAM LIMITED Chartered Accounlants 216-218 Holywood Road Belfast BT4 1PD 8ALLYMACASH REGENERATION NETWORK Page 3 INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 31-Mar-24 31-Mar-23 INCOME Lisbum & Castlereagh Council Grants Safe Retum Grant NIHE Other Income 37,037 43,639 9,000 3,411 31,533 3,902 31,225 72,164 87,583 EXPENSES Activities and events Wages Waler Rates Insurance Centre Expenses Repairs & Maintenance Light, Heat and Power Telephone Bank Fees Training Miscellaneous Copier Rental Accountancy Equipment Donations 33,309 20,730 471 2,543 3,895 1.952 4,685 887 114 40,515 20.461 427 1,963 8,473 3.325 2,249 111 5.300 101 1,138 25 1,233 600 1,965 4.464 1,980 72.424 95,836 IDEFICIT)I SURPLUS FOR THE FINANCIAL YEAR -260 -8,253 Balance brought forward 6.767 15,020 Balance carried fonmard 6,507 6,767 BALLYMACASH REGENERATION NETWORK BALANCE SHEET AS AT 31 MARCH 2024 Page 4 31-Mar-24 Note 314lar-22 CURRENT ASSETS Cash at Bank and in hand 6,507 6.767 TOTAL NET ASSETS 6,507 6.767 CAPITAL AND RESERVES 6.507 6,767 The Financial Statements were approved by the Committee of Management on TREASURER - 4kdJ* P f qEfiocxL) BALLYMACASH REGENEIUTION NETWORK NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 Page 5 1 ACCOUNTING POLICIES Basis of accounting The financial statements have been prepared on a csah basis and in accordance with applicable United Kingdom Accounting Standards. 2 CASH AT BANK AND IN HAND Cash at bank Cash in hand 6,505 6.765 6,507 15,020