COMPANY REGISTRATION NUMBER: N1659180
CHARI￿ REGISTRATION NUMBER.. NIC108193
Ballyvea Football Club Limited
Company Limited by Guarantee
Unaudited Financial Statements
30 June 2023
PURDY QUINN
Chartered Accountants
42 Greencastle Street
KILKEEL
Co Down
BT34 4BH

Ballyvea Football Club Limited
Company Limited by Guarantee
Financial Statements
Year ended 30 June 2023
Page
Directors, annual report (incorporating the director's report)
Independent examiner's report to the directors
Statement of financial activities (including income and
expenditure account)
Statement of financial position
9-10
Notes to the financial statements
11-21

Ballyvea Football Club Limited
Company Limited by Guarantee
Directors. Annual Report (Incorporating the Director's Report)
Year ended 30 June 2023
The directors, who are also the directors for the purposes of company law, present their report and the
unaudited financial statements of the charity for the year ended 30 June 2023.
Reference and administrative details
Registered charity name
Ballyvea Football Club Limited
Charity registration number
NIC108193
Company registration number N1659180
Principal office and registered 51 Carrigenagh Road
office
Kilkeel
Newry
BT34 4PY
The directors
David Crutchley
Alan Blue
Ivan Mccavery
Trevor Mcconnell
The Charitable Company is registered with The Charity Commission for Northern Ireland, under
registration number NIC 108193.
The Directors have obtained official charitable status for the company from HMRC. The HMRC
Charity Registration number is N100948.
Bank
Danske Bank
58 Hill Street
Newry
BT34 1 AR
Independent examiner
Una Cunningham FCA
Purdy Quinn Chartered Accountants
42 Greencastle Street
KILKEEL
Co Down
BT34 4BH
Structure, governance and management
Constitution
The company is registered as a charitable company limited by guarantee and was set up under the
Memorandum & Articles of Association on 20 February 2019.

Ballyvea Football Club Limited
Company Limited by Guarantee
Directors. Annual Report (Incorporating the Director's Report) f¢ontinuedJ
Year ended 30 June 2023
Structure, govemance and management (contlnued)
Organisational structure and decision making
The company Directors continued to be..
Trevor Mcconnell
Alan Blue
Ivan Mccavery
David Crutchley.
The directors manage the Ballyvea Football Club Limited Committee in dealing with the day to day
operations of the charity.
At the period end, in addition to the directors, the following individuals had served on the Committee..
Mark Haugh
Geoff Beck
Harold McKibbin
Wesley Haugh
David Heaney
Mark Burden
Gary Agnew
Mark Ballan
Kenny Mcconnell
Graeme McKibbin
Mark Mcconnell
(Resigned 23rd March 2023)
{Resigned 23rd March 2023)
{Resigned 23rd March 2023)
(Appointed 23rd March 2023)
(Appointed 23rd March 2023)
Committee meetings were held monthly on the first Tuesday of the month. The average attendance
is ten. An Annual General meeting was held 23rd March 2023.
Risk management
The Trustees have assessed the major risks to which the charity is exposed, in particular those related
to the operations and finances of the company, and are satisfied that systems are in place to mitigate
exposure to the major risks.
Objectives and activities
The objectives of the charity are for the public benefit and without distinction of age, sex, race,
disability, political, religious or other opinion are to.,
(il advance amateur sport through provision of local football club in the Mourne District Electoral Area
(ill promote the playing of association football by the provision of facilities, training and equipment in
the Mourne District Electoral area
(iii) advance amateur sport which promotes healthy lifestyles and mental wellbeing in the Mourne
District Electoral area

Ballyvea Football Club Limited
Company Limited by Guarantee
Directors. Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 June 2023
Strategic report
The following sections for achievements and performance and financial review form the strategic
report of the charity.
Achievements and performance
After a very busy 2-3 years with the building and opening of our Community Hub, this year has been
one of consolidation as we have overseen the running of the Community Hub in addition to our core
football activities. We now have a range of activities happening in the building week by week, and
our three senior teams along with around 130 youth players continue to represent the Club in local
football leagues and cups.
On the feld, our First Team had their first season in the highest Mid Ulster Junior Division 1 and
consolidated their position in that Division. Our Second team also made the move to the Mid Ulster
League, and finished third, gaining promotion to the Reserve 3 league for the 23-24 season. Our Third
team continued to compete in the Newcastle and District Amateur Football League, providing a
pathway to senior football for a number of young players graduating from our youth system.
The Club continued to engage with the local community, hosting Brackenagh West Primary School
Sports Day, a Christmas Football Fun Day and a Fun Day & Youth Tournament, as well as making our
Hub facilities available to a number of local groups such as Homestart, Southern Health & Social
Care, KD Dance studios and various individuals for parties and dinners.
The Club continues to be represented on Newry, Mourne and Down Council Sports Development
committee SANDSA at Deputy Chairman level. This provides access to various training opportunities
such as Coaching, Child Protection and First Aid.
Senior teams
The 2022-23 season saw our First team play their first season at the highest Junior level in Mid Ulster
League, Division 1. The team, managed by Gary Haugh, did well to secure their position in the
Division for another season, in what is a very competitive and high-quality football environment. Our
Second team, now known as the Reserves, was managed by Alan Graham and settled well into the
Mid Ulster League, finishing third in Reserve Division Four and thus gaining promotion to Division 3 for
the 23-24 Season. The Thirds had a difficult season as promotion to NADAFL Division 2 presented a
difficult challenge, but they still managed introduce a number of youth players into senior football.
Youth teams
We continue to run youth teams from Under 7 to Under 16, and remain indebted to our dedicated
coaches who invest much time and energy in the development of our young players. Youth teams
continue to compete in the Mid Ulster Youth League, the Down Area Youth League and the
Grassroots Development centre at Newry. We continue to see a steady flow of very young players
joining the Club in our Under 7 group.
Ground Maintenance
Work is required on an ongoing basis to maintain our grounds, especially the grass pitches. Both
pitches were reseeded at the end of the season, resulting in first-class surfaces for the resumption of
football. We remain indebted to a willing team of volunteers who carry out this work.

Ballyvea Football Club Limited
Company Limited by Guarantee
Directors. Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 June 2023
Achievements and performance (continued)
Covid-19
Thankfully most of the issues caused by Covid were left behind during this year, and it was good to be
able to return to football and other activities in a more normal environment.
Facilities development
Our Community Health & Wellbeing Hub is now recognised a great community asset in the area. We
have many bookings for birthday parties and family events, as wells hosting ballet classes, line
dancing classes and Homestart meetings. All of these mean that the Hub is now a valuable source of
income to the club.
Our Multi Use Games Area (MUGA) which was completed in May 2022 is also very well used, both for
Club training and also bookings by groups for 5-a-side football. This is tremendous asset to the Club,
as it allows much of our youth training to be allocated to the MUGA, saving wear and tear on grass
pitches.
Community Activities
Fun Day and Youth Tournament.
This was held in June and attracted around 75 teams from across Co Down, Co Armagh and Co
Antrim. This was a big club effort invo5ving members in car parking and food cooking duties, as well
as the organisation of the tournament matches.
Golf Classic.
This annual golf tournament took place at the end of August 2022 at Kilkeel Golf Club.
Christmas Football Fun Day.
A game be￿een Ballyvea Over 35s and Moneyslane over 35s provided great festive entertainment.
Brackenagh West PS Sports Day.
We were pleased to be able to offer our facilities free of charge to Brackenagh West PS for their 170
pupils to enjoy a sports day.
Financial review
The results for the year are set out on page 8 of the accompanying financial statements.
Ballyvea Football Club Limited's accounts for this year report a deficit of £3,205 (2022 £55,115
surplus).
This deficit is reported after depreciation for the year of £23,69312022 - £23,526}, hence the surplus
before depreciation was £20,488 (2022- £78,641).
During the year the club was able to make good progress on loan repayments.
Capital of £20,059 was repaid to Community Finance Ireland. This included three unscheduled lump
sum payments of £5,000 each. £4,020 was repaid on a supplier loan and £5,000 was repaid on the
Club's supporter loans.

Ballyvea Football Club Limited
Company Limited by Guarantee
Directors. Annual Report (Incorporating the Director's Report) fcontlnued)
Year ended 30 June 2023
Financial review (continued)
The Club ended the period with a balance of £3,67412022 £3,116) in our Community Account and
£630 {2022 - £5,896) in our Deposit Account.
Fundraising.
Monthly standing orders reached £2,300 by end of the period.
The Club continued to apply for grants from Council and other bodies.
During the period the Club obtained Letters of Offer for grant aid as follows..
£4,584
£500
£500
IFAJDCMS
Halifax Foundation
Barclays Sported
-Floodlights
-Covid recovery (unrestricted)
-coach training
Going concern
After making appropriate enquiries, the trustees have a reasonable expectation that the company has
adequate resources to continue in operational existence for the foreseeable future. For this reason
they continue to adopt the going concern basis in preparing the financial statements. Further details
regarding the adoption of the going concern basis can be found in the Accounting Policies.
Reserves policy
The Trustees have established a policy to designate funds for particular purposes, if decided
necessary by the Board, and to restrict funds which are to be used for specific purposes as laid down
by the donor.
Trustees have confirmed that the charity's assets are available and adequate to fulfil the obligations of
the charity and that the funds are not excessive given the nature of funding, the assets, the
commitments and size of the charity.
The directors, annual report and the strategic report were approved on 20th March 2024 and signed on
behalf of the board of trustees by:
David
Directo
rutchley
Trevor Mcconnell
Director

Ballyvea Football Club Limited
Company Limited by Guarantee
Independent Examiner's Report to the Directors of Ballyvea Football Club
Limited
Year ended 30 June 2023
I report to the directors on my examination of the financial ststements of Ballyvea Football Club
Limited ('the charity'l for the year ended 30 June 2023.
Responsibilities and basis of report
As the directors of the company land also its directors for the purposes of company law) you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Charities Act (Northern Ireland} 2008 (the '2008 Act,) and the Companies Act 2006 ('the 2006 Act'}.
You are satisfied that the accounts of the company are not required by charity or company law to be
audited and have chosen instead to have an independent examination it is my responsibility to=
examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008.,
follow the procedures laid down in the general Directions given by the Commission under
section $5{91(b) of the Charities Act., and
state whether particular matters have come to me attention.
Independent examiner's statement
I have examined your company accounts as required under Section 65 of the Charities Act and my
examination was carried out in accordance with the general Directions given by the Charity
Commission for Northern Ireland under section 65{9){b) of the Charities Act.
My examination included a review of the accounting records kept by the company 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 company directors concerning any
such matters.
My role is to state whether any material matters have come to my attention giving me cause to
believe-
accounting records were not kept in respect of the charity as required by section 386 of the
2006 Act., or
the financial statements do not accord with those records., or
that the financial statements do not comply with the accounting requirements of section 396
of the Companies Act 2006 and with the methods and principles of the 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).,
that there is further information needed for a proper understanding of the accounts to be
reached.

Ballyvea Football Club Limited
Company Limited by Guarantee
Independent Examiner's Report to the Directors of Ballyvea Football Club
Limited (continued)
Year ended 30 June 2023
I have completed my examination and have no concerns in respect of the matters (1) to14) listed
above and, in connection with following the Directions of the Charity Commission for Northern Ireland,
I have found no matters that require drawing to your attention.
This report is made solely to the company's Directors, as a body, in accordance with section 65(3)(al
of the Charities Act (Northern Ireland) 2008 and regulations made under section 66 of that Act. My
work has been undertaken so that I might state to the company's Directors those matters l am
required to state to them in an Independent examiner's report and for no other purpose. To the fullest
extent permitted by law, I do not accept or assume responsibility to anyone other than the company
and the company's Trustees as a body, for my work or for this report
20th March 2024
na Cunningham FCA
Purdy Quinn Chartered Accountants
Independent Examiner
42 Greencastle Street
KILKEEL
Co Down
BT34 4BH

Ballyvea Football Club Limited
Company Limited by Guarantee
ststement of Financial Activities
{including income and expenditure account)
Year ended 30 June 2023
2023
Restricted
funds Total funds Total funds
2022
Unrestricted
funds
Note
Income and endowments
Donations and legacies
Charitable activities
Other trading activities
Investment income
Other income
35,713
21,859
10,855
22
220
11,034
46,747
21,859
10,855
22
1,280
112,811
31,180
9,702
1,060
1,600
Total income
68,669
12,094
80,763
155,300
Expenditure
Expenditure on charitable activities
Total expenditure
9,10
53,480
30,488
83,968
100,185
53,480
30,488
83,968
100,185
Net {expenditure)lincome
15,189
(18,394)
13,205)
55,115
Transfers be￿een funds
(19,449)
19,449
Net movement in funds
14,260)
1,055
13,205)
55,115
Reconciliation of funds
Total funds brought forward
Total funds carried forward
7,864
540,668
541,723
548,532
545,327
493,417
3,804
548,532
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 11 to 22 fomi part of these financial staternents.

Ballyvea Football Club Limited
Company Limited by Guarantee
Statement of Financial Position
30 June 2023
2023
2022
Note
Fixed assets
Tangible fixed assets
17
679,165
702,024
Current assets
Stocks
Debtors
Cash at bank and in hand
18
19
275
711
4,304
5,290
456
3,274
9,012
12,742
Credltors: amounts falling due wlthln one year
Net current liabilities
20
36,032
30,742
33,143
20,401
681,623
Total assets less current liabilities
648,423
Creditors: amounts falling due after more than one year
Net assets
21
103,096
133,091
545,327
548,532
Funds of the charity
Restricted funds
Unrestricted funds
541,723
3,604
540,668
7,864
Total charity funds
23
545,327
548,532
For the year ending 30 June 2023 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Directors, responsibilities..
The members have not required the company to obtsin an audit of its financial statements for the
year in question in accordance with section 476.,
The directors acknowledge their responsibilities for complying with the requirements of the Act
with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
The statement of financial position
continues on the following page.
The notes on pages 11 to 22 forni part of these financial ststements.

Ballyvea Football Club Limited
Company Limited by Guarantse
Statement of Financial Position (continued)
30 June 2023
These financial statements were approved by the board of trustees and authorised for issue on 20th
March 2024, and are signed on behalf of the board by..
Crutchle
Director
Alan Blue
Director
Trevor Mcconnell
Director
The notes on pages 11 to 22 form part of these financial statements.
10

Ballyvea Football Club Limited
Company Limited by Guarantee
Notes to the Financial Ststements
Year ended 30 June 2023
General information
The charity is a public benefit entity and a private company limited by guarantee, registered in
Northern Ireland and a registered charity in Northern Ireland. The address of the registered office
is 51 Carrigenagh Road, Kilkeel, Newry, BT34 4PY.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the 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 IFRS 102) (Charities
SORP IFRS 102)) and the Companies Act 2006.
Accounting policles
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concem
The Charity has invested significant reseNes in the infrastructure of the club, with a view to
securing its long term future. As such expenditure is permanent in nature, the charity has been
committing funds to the Restricted reserves of the Charity.
The charity is financially supported by the directors and the local community generally. This is
evident from the loans advanced to the charity from the local community. Loans to the value of
£48,000 in relation to the 'Hub' has been confirmed as havin9 a five year term.
The Charity has considered the financial performance and cash flow of the organisation. The
Charity forecasts, taking account of reasonably possible changes in its operating performance,
show that the Charity should be able to operate within the level of its current working capital.
After making enquiries, the directors have a reasonable expectation that the Charity will have
adequate resources to continue in operational existence for the foreseeable future. For these
reasons, they continue to adopt the going concern basis in preparing the annual report and
accounts.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors, including expectations
of future events that are believed to be reasonable under the circumstances.
11

Ballyvea Football Club Limited
Company Limited by Guarantee
Notes to the Financial Ststements (continued)
Year ended 30 June 2023
Accounting policies (contlnued)
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the directors for particular future project
or commitment.
Restricted fvnds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal, and fall into one of sub-classes- restricted income fvnds or
endowment funds.
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity., it is probable that the economic benefits associated with the transaction
will flow to the charity and the arnount can be reliably measured. The following specific policies
are applied to particular categories of income..
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the
accounts when received if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
ontracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
12

Ballyvea Football Club Limited
Company Limited by Guarantee
Notes to the Financial Ststements (continued)
Year ended 30 June 2023
Accounting policies {continu¢dJ
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates..
expenditure on raising funds includes the costs of all fundraising activities, events,
non-charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that fijrther its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are a15ocated directly to that activity. Shared costs are apportioned
bet￿een the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value, over the useful economic life of that asset as follows..
Pitch
Community Hub
Plant and machinery
Equipment
Depreciated over the term of the lease
2 % straight line
20 % straight line
20 % straight line
Financial instruments
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
13

Ballyvea Football Club Limited
Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 30 June 2023
Limited by guarantee
The company is limited by guarantee of members and does not have a share capitsl. The liability
of members is limited to £1.
Donations and legacles
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Donations
Donations
Gift aid
3,756
421
3,756
421
Grants
DAERA
Irish Football Association
Halifax
Sport Nl
Barclays Community Football Fund
Department of Communities
NMDDC Everybody Active Award
NMDDC Kickstart Fitness Project
NMDDC Health Project
CBILS interest refund scheme
Education Authority
4,584
4,584
500
500
500
500
4,950
1,000
4,950
1,000
Sponsorship
General sponsorship
Kit sponsorship
1,730
650
1,730
650
Subscriptions
Senior fees
Youth fees
9,815
18,841
9,815
18,841
35,713
11,034
46,747
14

Ballyvea Football Club Limited
Company Limited by Guarantee
Notes to the Financial Statements feontinued)
Year ended 30 June 2023
Donations and legacies (Continued)
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Donations
Donations
Gift aid
12,171
3,562
12,171
3,562
Grants
DAERA
Irish Football Association
Halifax
Sport Nl
Barclays Community Football Fund
Department of Communities
NMDDC Everybody Active Award
NMDDC Kickstart Fitness Project
NMDDC Health Project
CBILS interest refund scheme
Education Authority
1,495
30,000
4,044
1,495
30,000
4,044
14,615
14,615
987
3,975
987
3,975
2,000
2,000
728
9,500
728
9,500
Sponsorship
General sponsorship
Kit sponsorship
4,375
3,709
4,375
3,709
Subscriptions
Senior fees
Youth fees
5,g30
15,720
5,930
15,720
60,810
52,001
112,811
Charitable activities
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Youth Tournament
Hall Hire Fees
Pitch Hire Fees
Fireside Quiz
Youth Trip
Five-a-side
World Cup Competition
Big Breakfast
Christmas Market
6,520
9,051
3,108
6,520
9,051
3,108
300
560
1,000
1,320
300
560
1,000
1,320
21,859
21,859
15

Ballyvea Football Club Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 June 2023
Charitable activities (contlnued)
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Youth Tournament
Hall Hire Fees
Pitch Hire Fees
Fireside Quiz
Youth Trip
Five-a-side
World Cup Competition
Big Breakfast
Christmas Market
9,415
7,245
1,755
160
9,415
7,245
1,755
160
12,265
340
12,265
340
18,915
12,265
31,180
Other trading activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Board income & advertising
Golf Day
Tuck Shop & food sales
Branded goods sale
4,150
3,100
1,395
2,210
4,150
3,100
1,395
2,210
10,855
3,675
4,392
1,635
3,675
4,392
1,635
10,855
9,702
9,702
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Bank interest receivable
22
22
16

Ballyvea Football Club Limited
Company Limited by Guarantee
Notes to the Financial Ststements {contlnued)
Year ended 30 June 2023
Expenditure on charitable activities by fund type
Unrestricted
Funds
Restricted Totsl Funds
Funds
2023
Advancement of Amateur Sport- Mourne
Support costs
49,121
4,359
29,204
1,284
30,488
78,325
5,643
83,968
53,480
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Advancement of Amateur Sport - Mourne
Support costs
51,201
6,054
41,768
1,162
92,970
7,215
100,185
57,255
42,930
10. Expenditure on charitable activities by activity type
Activities
undertaken
directly Support costs
Total funds
2023
Total fund
2022
Advancement of Amateur Sport-
Mourne
Governance costs
78,325
3,118
2,525
81,443
2,525
97,500
2,685
78,325
5,643
83,968
100,185
11. Analysis of support costs
Advancement
of Amateur
Sport-
Mourne
Total 2023 Total 2022
Governance costs
Support costs - Consultancy
Support costs - Bank fees
Volunteer expenses
2,525
1,360
475
1,283
2,525
1,360
475
1,283
2,685
2,880
487
1,163
5,643
5,643
7,215
a2. Net (expenditurellincome
Net {expenditure)lincome is stated after chargingl{crediting)'.
2023
2022
Depreciation of tangible fixed assets
23,693
23,526
17

Ballyvea Football Club Limited
Company Limited by Guarantee
Notes to the Financial Ststements (continued)
Year ended 30 June 2023
13. Independent examination fees
2023
2022
Fees payable to the independent examiner for.
Independent examination of the financial statements
other financial services
510
1,980
500
2,138
2,638
2,490
14. Staff costs
The Charity had no staff during the period to 30 June 2023.
All services provided to the charity were carried out on a voluntary basis.
15. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were
received by the trustees.
No trustee expenses have been incurred by the charity.
16. Transfers between funds
During the year, in association with committing Club funds to the 'Hub' project and pitch facilities
{restricted funds) in servicing the 'Hub' debt, there is a net transfer from unrestricted to restricted
funds.
17. Tangible fixed assets
Community Plant and
Hub machinery Equipment
Pitch
Total
Cost
At 1 July 2022
Additions
181,649
519,452
27,113
834
18,554
746,768
834
At 30 June 2023
181,649
519,452
27,947
18,554
747,602
Depreciation
At 1 July 2022
Charge for the year
At 30 June 2023
9,749
4,092
13,841
10,300
10,300
16,791
5,590
7,904
3,711
11,615
44,744
23,693
20,600
22,381
68,437
Carrying amount
At 30 June 2023
167,808
171,900
498,852
5,566
6,939
679,165
At 30 June 2022
509,152
10,322
10,650
702,024
The Department of Agriculture, Environment and Rural Affairs and Newry, Mourne & Down
District CounGil have both registered separate Deeds of Charge, including negative pledge
clauses, on all lands and premises comprised in folio DN198927L Co. Down and Carrigenagh
Road, Kilkeel, Co.Down.
18

Ballyvea Football Club Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 June 2023
18. Stocks
2023
2022
Raw materials and consumables
275
456
19. Debtors
2023
2022
Grant income receivable
Other debtors
290
421
825
2,449
711
3,274
20. Creditors: amounts falling due within one year
2023
2022
UCIT loan
Trade creditors
Accruals and deferred income
Other creditors
21,270
985
4,767
9,010
20,350
71
3,707
9,015
36,032
33,143
21. Creditors: amounts falling due after more than one year
2023
2022
UCIT loan
Other loan
other creditors
55,096
76,076
4,015
53,000
48,000
103,096
133,091
22. Deferred income
Grant income received in advance of the project costs have been recorded as deferred income.
19

Ballyvea Football Club Limited
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 30 June 2023
23. Analysis of charitable funds
Unrestricted funds
At 1 July
2022
At 30 June
2023
Income Expenditure
Transfers
General funds
7,864
68,669
(53,480)
(19,449)
3,604
At 1 July
2021
At 30 June
2022
Income Expenditure
Transfers
General funds
4,131
90,009
{57,255)
(29,021)
7,864
Restrlcted funds
At 1 July
2022
At 30 June
2023
Income Expenditure
Transfers
Pitch Fund
Building Hub Fund
Machinery Fund
Grants Fund
Youth Trip
Annual Dinner
161,475
370,152
9,041
(4,092>
{10,300)
{4,612)
(10,201)
10,426
9,633
167,809
369,485
4,429
11,034
{833)
1,06Q
(1,283>
(30,488}
223
540,668
12,094
19,449
541,723
At 1 July
2021
At 30 June
2022
Income Expenditure
Transfers
Pitch Fund
Building Hub Fund
Machinery Fund
Grants Fund
Youth Trip
Annual Dinner
109,644
365,989
13,653
(3,510)
(10,300)
(4,612)
111,8141
(11,531)
(1,163)
(42,930)
55,341
14,463
161,475
370,152
9,041
52,001
12,265
1,025
(40,187)
(734)
138
489,286
65,291
29,021
540,668
20

Ballyvea Football Club Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 June 2023
24. Analysis of net assets between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
8,076
5,290
(9,762)
671,089
679,165
5,290
(26,270)
{36,032)
(103,096) (103,096)
541,723
545,327
3,604
Unrestricted
Funds
Restricted Totsl Funds
Funds
2022
Tangible fixed assets
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
11,931
702,024
12,742
12,742
(12,794)
(20,349)
{33,143)
{4,015} 1129,076) (133,091)
7,864
540,668
548,532
690,093
25. Charges on assets
The Department of Agriculture, Environment and Rural Affairs and Newry, Mourne & Down
District Council have both registered separate Deeds of Charge, including negative pledge
clauses, on all lands and premises comprised in folio DN198927L Co. Down and Carrigenagh
Road, Kilkeel, Co.Down.
26. Contingencies
The company has a liability to refund grant monies received by it, should it fail to comply with the
relevant conditions as set out in the letter of offer.
27. Related partie5
The directors are the ultimate Controlling paty of the charity and the charity considers its, key
management personnel to be the Committee. The total remuneration paid to key management
personnel was £nil.
21