Ballinran Community Association (A company limited by guarantee, not having a share capital)
Directors' Report and Unaudited Financial Statements
for the financial year ended 30 September 2025
Ballinran Community Association (A company limited by guarantee, not having a share capital) CONTENTS
| Page | |
|---|---|
| Directors and Other Information | 3 |
| Directors' Report | 4 |
| Accountants' Report | 5 |
| Profit and Loss Account | 6 |
| Balance Sheet | 7 |
| Accounting Policies | 8 |
| Notes to the Financial Statements | 9 - 10 |
| Supplementary Information on Trading Statement | 12 - 14 |
| Supplementary Information on Profit and Loss Account and Trading Statement | 15 - 18 |
| by Cost Centre |
2
Ballinran Community Association (A company limited by guarantee, not having a share capital) DIRECTORS AND OTHER INFORMATION
Directors
Company Secretary
Company Registration Number
Registered Office
Accountants
Mr. Rodney James Eakins Mr. Cyril Arnold McMurray Mr. Robert Mitchell Donaldson Mr. James Norris Mr. John Derek Parke
Mr. Rodney James Eakins
NI047765
46 Ballinran Road Kilkeel Co. Down BT34 4JA
D&C Accountancy Services Ltd Accountants Philip Donnan & Co 4 Charlotte Street Co. Down BT34 3LF Warrenpoint BT34 3LF
3
Ballinran Community Association
(A company limited by guarantee, not having a share capital) DIRECTORS' REPORT
for the financial year ended 30 September 2025
The directors present their report and the unaudited financial statements for the financial year ended 30 September 2025.
Principal Activity
The main objective of the organisation is to establish, provide and equip a Community Centre for the benefit of all the enhabitants of the Ballinran and wider areas.
The Company is limited by guarantee not having a share capital.
Financial Results
The profit/(loss) for the financial year amounted to £390 (2024 - £(47)).
Directors
The directors who served during the financial year are as follows:
Mr. Rodney James Eakins Mr. Cyril Arnold McMurray Mr. Robert Mitchell Donaldson
Mr. James Norris Mr. John Derek Parke
There were no changes in shareholdings between 30 September 2025 and the date of signing the financial statements.
In accordance with the Articles of Association, the directors retire by rotation and, being eligible, offer themselves for re-election.
Political Contributions
The company did not make any disclosable political donations in the current financial year.
Special provisions relating to small companies
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
On behalf of the board
_________Mr. Robert Mitchell Donaldson Director
26 June 2026
4
Ballinran Community Association (A company limited by guarantee, not having a share capital) ACCOUNTANTS REPORT
to the Board of Directors on the Compilation of the unaudited financial statements of Ballinran Community Association for the financial year ended 30 September 2025
In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 30 September 2025 as set out on pages 6 to 10 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
This report is made solely to the Board of Directors of Ballinran Community Association, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors, as a body, for our work or for this report.
We have carried out this engagement in accordance with guidance issued by and have complied with the relevant ethical guidance laid down by relating to members undertaking the compilation of financial statements.
You have acknowledged on the Balance Sheet for the year ended 30 September 2025 your duty to ensure that Ballinran Community Association has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ballinran Community Association. You consider that Ballinran Community Association is exempt from the statutory audit requirement for the financial year.
We have not been instructed to carry out an audit or a review of the financial statements of Ballinran Community Association. For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
D&C ACCOUNTANCY SERVICES LTD
Accountants Philip Donnan & Co 4 Charlotte Street Co. Down BT34 3LF Warrenpoint BT34 3LF
26 June 2026
5
Ballinran Community Association (A company limited by guarantee, not having a share capital) PROFIT AND LOSS ACCOUNT
for the financial year ended 30 September 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Notes | £ | £ | |
| Turnover | 15,675 | 11,240 | |
| ─────── | ─────── | ||
| Gross profit | 15,675 | 11,240 | |
| Administrative expenses | (18,256) | (13,934) | |
| Other operating income | 3,000 | 2,664 | |
| ─────── | ─────── | ||
| Operating profit/(loss) | 419 | (30) | |
| Interest payable and similar expenses | 1 | (29) | (17) |
| ─────── | ─────── | ||
| Profit/(loss) before taxation | 390 | (47) | |
| Tax on profit/(loss) | - | - | |
| ─────── | ─────── | ||
| Profit/(loss) for the financial year | 390 | (47) | |
| ═══════ | ═══════ |
The company has no recognised gains or losses other than the for the financial year. The results for the financial year have been calculated on the historical cost basis. The company's turnover and expenses all relate to continuing operations.
The notes on pages 9 to 10 form part of the financial statements
6
Ballinran Community Association
(A company limited by guarantee, not having a share capital) Company Registration Number: NI047765 BALANCE SHEET
as at 30 September 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Notes | £ | £ | |
| Fixed Assets | |||
| Tangible assets | 3 | 501,831 | 501,831 |
| ─────── | ─────── | ||
| Current Assets | |||
| Debtors | 4 | 12,800 | 12,800 |
| Cash at bank and in hand | 21,947 | 21,498 | |
| ─────── | ─────── | ||
| 34,747 | 34,298 | ||
| ─────── | ─────── | ||
| Creditors: amounts falling due within one year | 5 | (7,899) | (7,840) |
| ─────── | ─────── | ||
| Net Current Assets | 26,848 | 26,458 | |
| ─────── | ─────── | ||
| Total Assets less Current Liabilities | 528,679 | 528,289 | |
| ═══════ | ═══════ | ||
| Reserves | |||
| Capital reserves and funds | 544,200 | 544,200 | |
| Retained deficit | (15,521) | (15,911) | |
| ─────── | ─────── | ||
| Members' Funds | 6 | 528,679 | 528,289 |
| ═══════ | ═══════ |
These financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
Approved by the Board and authorised for issue on 26 June 2026 and signed on its behalf by
________Mr. Robert Mitchell Donaldson Director
The notes on pages 9 to 10 form part of the financial statements
7
Ballinran Community Association (A company limited by guarantee, not having a share capital) ACCOUNTING POLICIES
for the financial year ended 30 September 2025
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006 and the financial reporting standards.
Cash flow statement
The company has availed of the exemption in FRS 1 from the requirement to produce a Cash Flow Statement because it is classified as a small company.
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
-
Long leasehold property
-
■ Fixtures, fittings and equipment
-
not depreciated - 10% Straight line
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.
Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Government grants
Capital grants received and receivable are treated as deferred income and amortised to the Profit and Loss Account annually over the useful economic life of the asset to which it relates. Revenue grants are credited to the Profit and Loss Account when received.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the balance sheet date. Transactions, during the year, which are denominated in foreign currencies are translated at the rates of exchange ruling at the date of the transaction. The resulting exchange differences are dealt with in the Profit and Loss Account.
8
Ballinran Community Association NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 30 September 2025
| 1. | Interest payable and similar expenses | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| On bank loans and overdrafts | 29 | 17 | |
| ═══════ | ═══════ |
| 2. | Employees | |||
|---|---|---|---|---|
| The average monthly number of employees, including directors, during the financial year was | 0.00 | |||
| 0). | ||||
| 3. | Tangible assets | |||
| Long | Fixtures, | Total | ||
| leasehold | fittings and | |||
| property | equipment | |||
| £ | £ | £ | ||
| Cost | ||||
| At 1 October 2024 | 501,831 | 78,355 | 580,186 | |
| ─────── | ─────── | ─────── | ||
| At 30 September 2025 | 501,831 | 78,355 | 580,186 | |
| ─────── | ─────── | ─────── | ||
| Depreciation | ||||
| At 1 October 2024 | - | 78,355 | 78,355 | |
| ─────── | ─────── | ─────── | ||
| At 30 September 2025 | - | 78,355 | 78,355 | |
| ─────── | ─────── | ─────── | ||
| Net book value | ||||
| At 30 September 2025 | 501,831 | - | 501,831 | |
| ═══════ | ═══════ | ═══════ | ||
| At 30 September 2024 | 501,831 | - | 501,831 | |
| ═══════ | ═══════ | ═══════ | ||
| 4. | Debtors | 2025 | 2024 | |
| £ | £ | |||
| Amounts owed by related parties | 8,000 | 8,000 | ||
| Other debtors | 4,800 | 4,800 | ||
| ─────── | ─────── | |||
| 12,800 | 12,800 | |||
| ═══════ | ═══════ | |||
| 5. | Creditors | 2025 | 2024 | |
| Amounts falling due within one year | £ | £ | ||
| Bank overdrafts | 162 | 103 | ||
| User definable loan desc. | 4,937 | 4,937 | ||
| Payments received on account | 2,000 | 2,000 | ||
| Accruals | 800 | 800 | ||
| ─────── | ─────── | |||
| 7,899 | 7,840 | |||
| ═══════ | ═══════ | |||
| 6. | Reconciliation of movements in members' funds | 2025 | 2024 | |
| £ | £ | |||
| Profit/(loss) for the financial year | 390 | (47) | ||
| Opening members' funds | 528,289 | 528,336 | ||
| ─────── | ─────── | |||
| Closing members' funds | 528,679 | 528,289 | ||
| ═══════ | ═══════ |
9
continued
Ballinran Community Association NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 September 2025
7. Capital commitments
The company had no material capital commitments at the financial year-ended 30 September 2025.
8. Post-Balance Sheet Events
There have been no significant events affecting the company since the financial year-end.
10
BALLINRAN COMMUNITY ASSOCIATION
(A company limited by guarantee, not having a share capital)
SUPPLEMENTARY INFORMATION
RELATING TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2025
11
Ballinran Community Association
(A company limited by guarantee, not having a share capital) SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS TRADING STATEMENT
for the financial year ended 30 September 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Schedule | £ | £ | |
| Sales | 15,675 | 11,240 | |
| ─────── | ─────── | ||
| Gross profit Percentage | 100.0% | 100.0% | |
| ─────── | ─────── | ||
| Overhead expenses | 1 | (18,285) | (13,951) |
| ─────── | ─────── | ||
| (2,610) | (2,711) | ||
| Miscellaneous income | 2 | 3,000 | 2,664 |
| ─────── | ─────── | ||
| Net profit/(loss) | 390 | (47) | |
| ═══════ | ═══════ |
The supplementary information does not form part of the financial statements
12
Ballinran Community Association
(A company limited by guarantee, not having a share capital) SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS SCHEDULE 1 : OVERHEAD EXPENSES
for the financial year ended 30 September 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Administration Expenses | ||
| Rent payable | 720 | 720 |
| Insurance | 2,397 | 2,361 |
| Electricity, Heating and Water | 4,368 | 4,990 |
| Repairs and maintenance | 3,623 | 1,366 |
| Telephone | 688 | 596 |
| Motor expenses | 1,919 | - |
| Entertaining | 1,319 | 1,083 |
| Legal and professional | - | 150 |
| Consultancy fees | 795 | - |
| Accountancy | 479 | 922 |
| Bank charges | 99 | 94 |
| General expenses | 1,849 | 1,652 |
| ─────── | ─────── | |
| 18,256 | 13,934 | |
| ─────── | ─────── | |
| Finance | ||
| Bank interest paid | 29 | 17 |
| ─────── | ─────── | |
| Total Overheads | 18,285 | 13,951 |
| ═══════ | ═══════ |
The supplementary information does not form part of the financial statements
13
Ballinran Community Association
(A company limited by guarantee, not having a share capital) SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS SCHEDULE 2 : MISCELLANEOUS INCOME
for the financial year ended 30 September 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Miscellaneous Income | ||
| Government grants received | 3,000 | 2,664 |
| ═══════ | ═══════ |
The supplementary information does not form part of the financial statements
14
Ballinran Community Association (A company limited by guarantee, not having a share capital) SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS PROFIT AND LOSS ACCOUNT
for the financial year ended 30 September 2025
| PROFIT AND LOSS ACCOUNT for the financial year ended 30 September 2025 |
|||
|---|---|---|---|
| 2025 | 2024 | ||
| Notes | £ | £ | |
| Turnover | 15,675 | 11,240 | |
| ─────── | ─────── | ||
| Gross profit | 15,675 | 11,240 | |
| Administrative expenses | (18,256) | (13,934) | |
| Other operating income | 3,000 | 2,664 | |
| ─────── | ─────── | ||
| Operating profit/(loss) | 419 | (30) | |
| Interest payable and similar expenses | (29) | (17) | |
| ─────── | ─────── | ||
| Profit/(loss) on ordinary activities before taxation | 390 | (47) | |
| Tax on profit/(loss) on ordinary activities | - | - | |
| ─────── | ─────── | ||
| Profit/(loss) for the financial year | 390 | (47) | |
| ═══════ | ═══════ |
The supplementary information does not form part of the financial statements
15
Ballinran Community Association
(A company limited by guarantee, not having a share capital) SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS TRADING STATEMENT
for the financial year ended 30 September 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Schedule | £ | £ | |
| Sales | 15,675 | 11,240 | |
| Overhead expenses | 1 | (18,285) | (13,951) |
| ─────── | ─────── | ||
| (2,610) | (2,711) | ||
| Miscellaneous income | 2 | 3,000 | 2,664 |
| ─────── | ─────── | ||
| Net profit/(loss) | 390 | (47) | |
| ═══════ | ═══════ |
The supplementary information does not form part of the financial statements
16
Ballinran Community Association
(A company limited by guarantee, not having a share capital) SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS SCHEDULE 1 : OVERHEAD EXPENSES
for the financial year ended 30 September 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Administration Expenses | ||
| Rent payable | 720 | 720 |
| Insurance | 2,397 | 2,361 |
| Electricity, Heating and Water | 4,368 | 4,990 |
| Repairs and maintenance | 3,623 | 1,366 |
| Telephone | 688 | 596 |
| Motor expenses | 1,919 | - |
| Entertaining | 1,319 | 1,083 |
| Legal and professional | - | 150 |
| Consultancy fees | 795 | - |
| Accountancy | 479 | 922 |
| Bank charges | 99 | 94 |
| General expenses | 1,849 | 1,652 |
| ─────── | ─────── | |
| 18,256 | 13,934 | |
| ─────── | ─────── | |
| Finance | ||
| Bank interest paid | 29 | 17 |
| ─────── | ─────── | |
| Total Overheads | 18,285 | 13,951 |
| ═══════ | ═══════ |
The supplementary information does not form part of the financial statements
17
Ballinran Community Association
(A company limited by guarantee, not having a share capital) SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS SCHEDULE 2 : MISCELLANEOUS INCOME
for the financial year ended 30 September 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Miscellaneous Income | ||
| Government grants received | 3,000 | 2,664 |
| ═══════ | ═══════ |
The supplementary information does not form part of the financial statements
18