Ballyvea Football Club Limited Company Limited by Guarantee Directors. Annual Report (Incorporating the Director's Report) Year ended 30 June 2024 The directors, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charty for the year ended 30 June 2024. 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 ststus for the company from HMRC. The HMRC Charity Registration number is N100948. Bank Danske Bank 58 Hill Street Newry BT34 1AR 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 limiled 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) (contlnuedj Year ended 30 June 2024 Structure, governance and management (continued) 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-tfrday operations of the charity. In addition to the directors, the following individuals had served on the Committee during the financial year.. Mark Haugh Geoff Beck (Resigned 5th November 2024) Harold McKibbin (De￿ased 1st February 2025) Wesley Haugh Mark Ballance Kenny Mcconnell Graeme McKibbin Mark Mcconnell Cornmittee meetings were held monthly on the first Tuesday of the month. The average attendance is ten. The Annual General meeting was held 20th April 2024. Risk management The Trustees have assessed the major risks to which the Gharity is exposed, in particular those related to the operations and finances of the company, and are satisfied that systeffls 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- (i) advance amateur sport through provision of local football club in the Mourne District Electoral Area lil) promote the playing of association football by Ihe 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 DistriGt Electoral area Ballyvea Football Club Limited Company Limited by Guarantee Directors. Annual Report (Incorporating the Director's Report) (continued) Year ended 30 June 2024 Strategic report The following sections for achievements and performance and financial review form the strategic report of the charity. Achievements and performance This has been a very positive year for the Club both in terms of the running of our Community Hub and in our core football aclivities. The range of activities happening in the building week by week has increased, and our three senior teams along with around 130 youth players continue to represent the Club in local football leagues and cups. On the field. our First Team continued to consolidate their position in Mid Ulster League Division 1. Our Second team continued to settle in the Mid Ulster League, finishing fourth and earning promotion to ReSe￿e Division 2 for the 2024-25 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. They also reached the final of the League Cup where they narrowly lost to Kilmore in the final. The Club continued to engage with the local community, hosting Brackenagh West Primary School Sports Day, a Christmas Football Fun Match 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 Developmenl committee SANDSA at Deputy Chairman level. This provides access to various training opportunities such as Coaching, Child Protection and First Aid. Senior teams The 2023-24 season saw our First team play at the highest Junior level in Mid Ulster League, Division One. The team, with new manager David Heaney. did well to secuie 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 finished fourth in Reserve Division Three and thus gaining promotion to Division 2 for the 24-25 Season. The Thirds had a good league season and reached the final of the Kitroom Plate. Youth teams We continue to run youth teams from Under 7 to Under 16, and rernain 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 Ladies football We were delighted to see Ladies football commence al the Club, with a group of around 20 ladies meeting each Wednesday evening fDr training, and playing a few friendly games. Ballyvea Football Club Limited Company Limited by Guarantee Directors, Annual Report (Incorporating the Directorfs Report) (continued) Year ended 30 June 2024 Ground maintenance Work is required on an ongoing basis to maintain our grounds, especially the grass pitches. Bolh pitches were reseeded at the end of the season, resulting in first-class SUrfa￿S for the resumption of football. We remain indebted to a willing team of volunteers who carry out this work. Facilities development. Our Community Health & Wellbeing Hub continues to be a great community asset in the area. We have many bookings for birthday parties arid family events. as well as 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 continues to be very well used, both for Club training and also bookings by groups for 5-a-side football. Brackenagh West PS also use the MUGA for football and hockey after-school clubs. 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 Toumament. This was held in June and attracted around 70 teams from across Co Down, Co Armagh and Co Antrim. This was a big club effort involving members in car parking and food cooking duties, as well as the organisation of the tournament malches. Golf Classic This annual golf tournament look place at the end of August 2023 at Kilkeel Golf Club. Christrnas Football Fun Day A game between Ballyvea Over 35s and Ballyvea Coaches provided great entertainment. £1,000 was raised to help local girl Bethany Pryce get necessary disablement equipment. 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 surplus of £11,979 (2023 Deficit £3.205) This surplus is reported after depreciation for the ye2r of £23,684 (2023 - £23,693). hence the surplus before depreciation was £35,663 {2023- £20,488) During the year the club was able to make good progress on loan repayments. Capital of £4,612 was repaid to Community Finance Ireland. £4,01Q was repaid on a supplier loan and £15,000 was repaid on the Club's supporter loans. As the monlhly loan repayments to the supplier ended in June 2024, this allowed BFCL to increase the monthly payments to Community Finance Ireland to £120Q per month. Ballyvea Football Club Limited Company Limited by Guarantee Directors. Annual Report (Incorporating the Director's Report) (continue Year ended 30 June 2024 Flnancial review (contlnued) The Club ended the period with a balance of £3,123 (2023 - £3,674) in our Community Account and £4,150 (2023 - £630) in our Deposit Account. The petty cash balance was £100. Fundraisin Monthly stsnding orders reached £2,300 by end of the period. Fundraising events such as our Fun Day, and golf classic totalled around £8,000. We had around 30 sponsorship boards at our ground generating over £3,000. 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.. Southern Health & Social Care £550 Development of Ladies football Newry Mourne & Down District Council £5,OOC Purchases of SISIS Variseeder 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 purFX)ses 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 eX￿ssive given the nature of funding, the assels, the commitments and size of the charity. The directors, annual report and Ihe strategic report were approved on on behalf of the board of trustees by- 1-4-£ and signed id Crutchle tor Trevor Mcconnell Director Dir