BALLYMACANALLEN COMMUNITY ASSOCIATION LTD (A COMPANY LIMITED BY GUARANTEE) TRUSTEES' REPORT
FOR THE YEAR ENDED 30 JUNE 2024
The trustees present their annual report and financial statements for the year ended 30 June 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charitable company's Articles of Association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2019).
Objectives and activities
The objectives of the charitable company are set out in the Articles of Association of Ballymacanallen Community Association Ltd.
The objectives are to carry on activities which benefit the community and in particular (without limitation) to own and manage a community building and provide community services.
The charitable company provides the use of the community hall and facilities to local groups. By organising events in the hall such as cultural evenings, educational talks and seminars, coffee mornings, dancing lessons and many other community activities aimed at local wellbeing.
The trustees have paid due regard to guidance issued by the Charity Commission for Northern Ireland in deciding what activities the charitable company should undertake.
Achievements and performance
During the year the charitable company received funding from the Armagh City, Banbridge and Craigavon Borough Council, as well as other donations.
The most outstanding achievement this year was that the charitable company provided on 119 occasions use of the hall to run Pilates classes for Women in the surrounding area. This was to help with their general health and wellbeing, and to meet together regularly. These classes have proved to be very popular since they started, with numbers in attendance increasing. The classes run on Mondays, Tuesdays and Wednesdays. Two sessions run on Tuesday and Wednesday, one in the morning and one in the afternoon. There are very good facilities at the hall to accommodate this type of venture.
Other community-based activities continued in the hall during the year. There were six drumming competitions held throughout the year, on Saturdays, with various Drumming Associations involved. These competitions were for both seniors and juniors. They proved very popular with upwards of 90 adults & children in attendance. There were also 6 refresher drumming classes during the year with each class lasting approximately 2 hours.
On Thursday mornings during term time, the charitable company was able to accommodate a parent and baby toddler group for preschool children.
The hall continues to be used for various other occasions such as private functions, meetings, social gatherings and other activities all aimed at promoting general wellbeing within the community.
The charitable company is performing well and is thankful to its members for the effort they have put in, allowing it to continue to provide a safe, warm and welcoming environment for those who attend functions and events in the hall.
- 1 -
BALLYMACANALLEN COMMUNITY ASSOCIATION LTD {A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Financial review The charitable company's financial results are set OLrt in detail on pages 5-15. There is an overall deficrf( for the year of £20,439 (2023 - £731 deficit). Accumulated funds consist of unrestricted fvnds of £83,370 and restricted funds of £149.937. Reserves Due to the nature of the charitys activities. the trustees consider it appropriate to maintain free reserves sufficient to maintain on-going running costs to cover a twelve month penod. The trustees consider a level of £15,000 to be appropriate. structure, governance and management The charitable company is a company limited by guarantee. govemed by its Artides of Association dated 1 June 2018 and revised 10 August 2021. The charitable company is controlled by its trustees who are directors of the company for the purposes of the Companies Act 20C6. The charitable company was registered with the Charity Commission for Northern Ireland on 18 October 2021. The trustees who served during the year and up to the date of signature of the financial statements were: Mr G Ruddock Mr N Wlie Mr W Sergeant Under the requirement of the Articles of Association, trustees can be appointed by ordinary resolution or by a decision of the serving twstees. None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up. The day to day running of the charitable company is overseen by the trustees. In preparing this report, the trustees have tsken advantsge of the small companies exemptions provided by section 415A of the Companies Act 2006. Registered Office.. 30a Hunters Hill Gilford Craigavon Co Armagh BT63 6AL Company Registration No.. N1653421 Charity Registrats'on No.. NIC108034 The trustees, report was approved by the Board of Trustees. Mr G Ruddock Trustee Date.. JusJ2¢2.5 ...