NORTHERN IRELAND CHARITY INIC) NO: NIC 109480 CHARITY REGISTRATION NUMBER.. )cr29411 COMPANY NUMBER: N1606728 BURREN COMMUNrrY ASSOCIATION LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 AEHYUF3V 2211212025 COMPANIES HOUSE A17
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BURREN COMMUNITY ASSOCIATION LIMITED (A company limited by guarantee) BURREN COMMUNITY HALL, 14 BRIDGE ROAD, BURREN, WARRENPOINT, CO DOWN, BT343QT CONTENTS PAGE Charity Reference and Administrative Details Trnstees, Annual Report (Including Directors, Report and Strategic Report) Independent Examiner's R¢port Statement of Financial Activities Balance Sheet 10 Notes to the Financi81 Sialements Detailed Income and Expenditure Account 20
BURREN COMMUNITY ASSOCIA TION LIMITED (A company limited by guaTanteel BURREN COMMUNITY HALL, 14 BRIDGE ROAD. BURREN. WARRENPOINT,CO DOWN, BT34 3QT Chority Reference and Administrative Detai15 Year Ended 31 MAr¢h 2025 Company Regisirolion Number N1606728 Charity Re8iStrntion Numkr XT29411 Northern Ireland Charity INICI Number 109480 Trustees Aaron Ward (Chairperson) Aisling O'Rourke (Secretary) Shauna Campbell (Tre&8urer) Francis Doyle Edward Byrne John Byrne Seamus Doyle Brian Mallon James Ryan Paul Fc8An Re8151¢r¢d Offic¢ Burren Community Hall 14 Bridge Road Burren Warrenpoinl Co Down BT34 3QT Indep¢nd¢nl Examiner Jonathan Fwlkner FCCA Kennedy & Co Chartered Certified Accounlanis & Registered Auditors 21 KilnY)r¢y Street Newry Co. Down BT34 2DF Bankers Bank of Ireland 12 Trevor Hill Newry Co. Down BT34 IDT
BURREN COMMUNITY ASSOCIATION LIMITED IA company limited by guarantee) BURREN COMMUNITY HALL. 14 LIRIDGE ROAD, BURREN. WARRENPOINT, CO DOWN. BTJ4 3o'r Tru5ttu' Annuwl Report Ilncludlng Dlr¢¢tors' Report and Str4logi£ R¢port} Yc*r Endtd 31 MArth 1025 The trustees present Ilieir repon aiid Ihe independently examiiied financial staiemenls of tlie chariry for the year ended 31 March 2025. The trusiees have adopEed the provisions of the Statem¢nt of R¢¢omm¢nded PTaciice (SORPI "Ac¢ounting aild ReportiriB by ChAriiies" in preparin8 Ihe annual report &Lnd financial siaiemcnts of ihe chiriiy. Tru$tLbts octht eharity The directors of the chariiablc compathy are its trustees foi the purposes of chariry law. The trustees who h•ve served durins Ihi5 y¢)T aiid since ihe year end were as follows.. Aaron Ward {ChairpeT$onl Aisling O'Rourke Isecfeiary) Shauna Cimpbell {Tr¢asuterl Francis Doyle Edward Byrne John Byrne Seamu$ Doyle Bri8n M£llon James Ryatt Paul F¢8an Objeetlvts and Acllvld¢s The charity piomotes (he benefit of the inhgbilAnis of th¢ Burren 4r¢a, Newry Ind $urroundin8 district. It help$ the inhabiiants. local auihorities, voluntary and oiher OTg8nisations in a commoii effon its advance education. including foreisn lan8ua8e cl&s5¢5, to provide for (he elderly a friendship club and lun¢h¢on club, io pres¢rve the enviionment and her1&t of the area ofbenefii ind io provide facilities in lh¢ interesi of so¢ial welfare foT Te¢re&iioft &nd leisuT¢ time occupation includirtg Irish dan¢ing ¢lasse$, dancing c14Sses. farniers meetlll8, children's creche and pl8y8roup, dramBIIc 50¢iery. Burrcn bowling Club. leciure and conference facilities. meetln8 rooms and all other initiatives thai Ihe cominunity may r¢quest pemii$5ion for to use thc hall, wilh th¢ objeci of improving th¢ conditions of life for the 5gid inhabitants. Publlc b¢ft¢tlt 8t•l¢men¢ We have achi¢v¢d our public ben¢fit by providing the community wi¢h facilities to engag¢ in ¥ wide range of social. culiural, reciealional Jnd educaiional aciivities. W¢ have reviewed The Charity Commi8gion for Northern Ireland guidance on public benefit aiid can confirm Iliat we believe thai we havc 5atisfi¢d the public benefir requirement. Strotegic R¢port Achievtrnents And perform8ft¢e The charity succeeded in promoting lh¢ brnefil of th¢ inhabitants of Bvrren. Newry and surrounding district. Throughout the year, we made our hall available lo a varieiy of voluntary, coinmunity and other organisalion engaging in activili¢s such as drama, dan¢in& Ghildrens creche and playgroup, and other appropriat¢ a¢tiYities. We Inaintained Ihe hall and its cottients. thereby ensuring its coniinuou5 availability for the public benefii.
BURREN COMMUNITY ASSOCIATION LIMITED (A eompany limited by guarantee) BURREN COMMUNITY HALL, 14 BRIDGE ROAD, BURREN, WARRENPOINT, CO DOWN. BT34 3QT Tru$tee$' AnnuAI Report (Includlng Dire¢tor$' Reyr¢ And StrAtegle Report) Year Ended 31 March 2025 Financial review Reserves Policy The Board of Directors have examined the charity's requirements for reserv¢s and consider the current level lo exceed the requirements to continue operation throughout the 2026 and 2027 financial years. The current level of reserves available to the charity is £58,315. £21,031 of these fvnds are Unreslricd. This provides sufficient fund5 to cover charitable expenditure, support costs and governance ¢osts. Stru¢¢urei governance And mAnAgement The board of directors can only appoint new trustees. A motion must be put forward by one direGtor and a show of hands determines if Ihe majority agrees. The ¢harity is J oharitable company limited by guar&niee and was incorpor#t¢d on 22 March 201 t. It is governed by a memorandum of association. The ¢harilable comparty's registration number is N1606728 and its regisiered offiee is Burren Community Hall, 14 Bridge Road, Burren, Warrenpoint, Co Down, BT34 3QT. The Gompany is approved as a charity under the terms of the Income and Corp)raiion Taxes Aci 1988 and the Charity Number is XT29411. The ¢haritable company is registered with The Charity Commission for Northern Ireland and ils NIC Number is 109480.
BURREN COMMUNITY ASSOCIATION LIMITED {A company limited by guarantee) BURREN COMMUNITY HALL. 14 BRIDGE ROAD. BURREN. WARRENPOINT, CO DOWN, BT34 3QT Trustees, Annual Report (Includlng Direetors, Report and Strategic Report) Year Ended 31 March 2025 Trustees, Responsibilities The Trustees (who are also directors of Burren Community Associhtion Limited for the purposes of company law) are responsible for preparing th¢ Trustees, Annual Report (including the Directors, Report and Strategic Report) and the financial ststements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the State of affairs of the charitable company and of the incoming resources and ttpplication of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statemenls, the trustees are required to: select suitable accounting policies and then apply them consistently,. observe the methods and principles in the Charities SORP. make judgements and estimaies that are reasonable and prudent. state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements. prepare the financial sta¢ements on the going concern basis unless il is inappropriate to presurne that th¢ charitable company will continue in operntion. The trustees are responsible for keeping proper accounting records that disc105e with re&sonable accuracy at any time the financial position of the charitable company and enable them to ensure Ihat the financial statements comply with the Charities Act (Northern Ireland) 2008, the Charities (Annual Retum) Regulations (Northern Ireland) 2015 and the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
BURREN COMMUNITY ASSOCIATION LIMITED (A comp¥Jny limited by guArAntee} BURREN COMMUNITY HALL, 14 BRIDGE ROAD. BURREN. WARRENPOINT, CO DOWN, BT34 3QT Trustets, Annu*l Report (Inf luding Directors, Report And StrAtegic Report) YeAr Ended JI Marth 2025 The fcport of the Iru5tees has bcen prepared taking advaniage of ihe small ¢ompanics' cxemplion of Seciion 415A of lh¢ Companies Aet 2006. Distlosure of inforMAt0 to the lftdependent ExAminer We. the directors of the company who h¢ld office ai th¢ dale of approval of the5¢ Financial Sthi¢mcnts 45 5¢¢ out 8bove each confimi, so far as we are aware. Ihat.. there is no relevant information of which the charilable mpanI5 Independent Examiner is unaware: and we hav¢ taken all the steps that we oughi to have iak¢n as dir¢clors in order 10 mak¢ ours¢lv¢s aware of any relevant infomiaiion and io es(ablish that the company's Independeni Examiner is aware of that infomaiion. In approving ihe Trustees, Annual Repon, we also approve the Dir¢ctors' Report and Strategic Report included thcrcin. in our capacity as a company dir¢¢lors. Approved by the Board on zr and sign¢d on its bth4lf by: TRUSTEE: SHAUNA CAlPBELL TRUSTEE: AISLIN 'ROURKE
BURREN COMMUNITY ASSOCIATION LIMITED {A eornpany limlttd by guarantee) BURREN COMMUNITY HALU 14 BRIDGE ROAD, BURREN, WARRENPOINT, CO DOWN, BT34 3QT Indept1¢( ExAmintrt$ Report to Iht Trwttes of Burrtth Communlty AsOti#tion Lirnlted I rep(Mt io Iht ch2riry 1rn$1¢¢5 on my examinaiiorb ofihe actouni$ of Ihe compaDy for the year eJLdcd 31 March ?0?5 which a sei outon pthges 9 10 19. RÈ5pcclive rtsponsibiliii¢s of ¢hstrity trusiets txMÉrttr As the chority Irustecs land also Ilie direcius of Ihe ¢oinpAny for puryws of coinpany lawl you Ore responsible foi the pteparaiion ofihe c¢wn15 in ac¢ordqnc¢ with Ihe reqtsiremenis of Ihe Companies Aci 2(K)6 Havin8 salisfied myself Ihai the chariiy is rtoi subjeti 10 audii und¢r compBny law. and is eligible for independerti extsminDiion. li is Iny r¢pon$ibility 10.. ¢ximine ih¢ aLwnls under srfiion 65 of the Chaiilies Aci IN¢)rthem Ireland) 2008", follow the procedures lail down in lh¢ yner)l Oire¢iion5 given by Ihe Cli81ity commi10 for Nsjrthem Ireland under5eciion 6519Xbl ofihe Char+iies Aci.. and sThie whciher particuljr mailers hav¢ c(¥ne 10 my aiieniion. Bxsl¥ tyf Ind¢ptnd¢ni ¢xomln¢e$ report I hAve examinvj yourcharity aGcounis as required under serti¢Jn 05 of lh¢ Chariiies Aci and my ¢xll%niAWiofi out in accfrfdan¢e wilh the 8¢nernl Dire¢iionJ 8iv¢n by lh¢ Chllriry CoiTrmi55ion for Northern Ireland under xciion 6519Xbl of Ihe Charilie5 Aci. The examinai>on in¢lud¢d 8 revitiv of Ilie a¢¢ouniirt8 records k¢pi by Ihe ¢hariry and a Eomporison of Ihe uccoun15 presented wilh Ih¢)se reroyds. 11 also includes c¢nsiderniion of any uthu5ual Iiems or disclowres in the ietounis, Ind $ttkin8 explanaiion$ from you as Chanty tru$iees conceming any su¢h matters. My iole is 10 sili¢ Ivhether any Materi maittfs have ¢oine io my aiieniion 8ivin8 me caus¢ 10 believ¢.. l. Th•1 X¢OUhlinR r¢¢ord3 w¢r¢ noi k¢pi in *Ecor4•h¢e with $e¢i¥M J86 of Ihe CompAnies Aci 20Q6. • Th41 Iht a¢couni$ do noi accord wilh Ihcfje llKOUnlini r¢cord$ J. Thai Ihe acfounis do noi comply wilh Ihe a¢¢ouniin8 r¢q¥iiem¢fftis tsf st¢lion J96 ofih¢ Comp8fii¢s Act 2(W ond wilh lh¢ meihLYJs and prin¢iple$ ofihe Chatilies Siaiement of Rttommended Pracitce applicable 10 chlriiies ppArin8 Iheir oc¢ounis in AGwrdatKe wilh Ihe Finala1 Reportin8 Siond•rd ipplitabl¢ in lh¢ UK and Republi¢ ofir¢lgnd. 4. fhai Ihefe 15 further InfonNiion needed for a pmper undtr$iandith8 of Ihe llccouttig 10 bt fe&¢hed. Ind¢yethd¢nt txamlh¢e$ 5taftmeni I huve ¢omplcled my examinarion and have no ¢on¢em¥ in r¢$peci of Ihe mn11¢ (1119{41 lisied •bov¢ 4nd, in ¢oThne¢iion with lollfjivin8 Ihe Olff¢iioO[ th¢ Charity Commission for Nortrn Irel¥nd, I h&ve ft)uTrl m•ll¢r5 Ihai require dTa%ving io your attet)ii¢)n. Jonxtham Fttulkner FCCA K¢nntdy & CD ChHNervl C¢rtilled Accountants Rtg151er¢d Audlto 21 Kilmorty Street Ntwry Co Dow BfJ4 ZDF DAie
BURREN COMMUNITY ASSOCIATION LIMITED (A tomp4YJy limlt¢d by gtsirftnt¢¢l BURREN COMMUNITY HALL, 14 BRIDGE ROAD, BURREN. WARRENPOINT,CO DOWN, BT34 3QT STATEMENT OF FINAP4CIALAcfiviTIES fiOR THE YEAR EP4DED JI MARCH 2025 Unre$tritt¢d Fuod$ Re$trieied BuildiThg FuDd Total Fuods 1025 NOT Totnl 1024 Intome from.. Dottaiions and Legacies Otb¢r Incomc Toiil Incom¢ 76 76 5,930 6.006 80 10.72S 10,805 5.930 5.930 76 Exptndrturt on.. SupkX)rf Co$ Gov¢rnance Costs Toijl Exptndlture 76 3,375 13,186 1.037 14.223 1.061 16.242 12,791 76 J,375 Ntt IncorntllExpenditurol {6,8611 13.375) (10,2301 {3.418} Nc¢ movement in funds (6,861) {3.375} 10.2361 13,4181 R¢¢oicillHtlon of fuods: Tot*1 browgbi forwird J3 27,892 10,659 68,551 71.969 Total fundj ¢Arried fonvDrd 21,031 37.284 58,315 68,551 All inwine expendirure derive from ¢ontinuin8 DCtiviii¢s. The $iaiemeni of fiDincial a¢iiviri¢s in¢ludts #118ain5 and losses reco811iscd durin8 the yeAr.
BURREN COMMUNITY ASSOCIATION LIMITED (A company limited by gu8rantee) BURREN COMMUNITY HALU 14 BRIDGE ROAD. BURREN, WARRENPOINT. CO DOWN. BT34 3QT BALANCE SHEET 31 MARCH 2025 2025 2024 FIXED ASSETS Tangible Assets 56,761 62.270 CURRENT ASSETS Debiors Cash At Bank io 490 2,776 3.266 6,323 1,132 7.455 CREDITORS: Amounls Filling Due Wi¢hln One Yer (1.712) (1,174) NET CURRENT ASSETS 1.554 6,281 NET ASSETS 58,315 68,551 CHARITY FUNDS Unr¢slricied Funds Restrict Funds Building Funds TOTAL CHARITY FUIYDS 13 13 21,031 27,892 13 37,284 58,315 40,659 68.551 For th¢ yw ending 31 March 2023 ihe company was eniiiled ro exemption under s¢¢tion 477 of Ihe Companies Act 2006 rcla¢in8 to small companies. The director5 hllve not ffquir¢d the company io ob¢ain an audit in accordance with seciion 476 of the Companies Act 21X)6. The direclors &cknowl¢d8e their re5ponsibiliiid for complying with the requiremenls of the Aet with resrK¢t to accounting record5 and rhe preparation of financial 5taternents. These a¢wunts hav¢ becnlpT¢pared in (ordan(X with the provisions opplicable to MpanIeS subj¢ci lo the small mpanies re8ime. These annual Accounts and reports have been delivered in a¢¢ordance with the provision5 applicable to compani¢s subjeA to the small ¢ompanies' regim¢. The financial statements were approved and auihorised for issue by the Board on Signed on behalf of ihe Board of Trusiees-. Trustee: Shaun Campbell Trustee: Ais Ing O'Rourke io
BURREN COMMUNITY ASSOCIATION LIMITCD (A company limited by guArant¢¢) BURREN COMMUNITY HALL 14 BRIDGE ROAD. BURREN, WARAENPOINT, CO DOWN, BT34 3QT Notes to the Fin8neial StJt¢m¢nts for the Year Endcd 31 Mareh 2025 I Summnry Of significant Accounting policies Geft¢ral information and b4si9 of prepArntion Burren Community Association Limited is a Charitable Company based in Northern Ireland. In the evenl of the chariry bein8 wound up, Ihe liability in respect of the guarantee is limited 10 £ I per memb¢r ofthe charity. The address of the r¢gistered office is giv¢n in ihe charity infonnation on pag¢ 3 of these financial Siatements. The nsLture of the charitys operations and principal activities are the provision of a community hall for a wide tange of social, ctsltural and educational activities for the benefit of the local community. The charity constilutes a public benefit entity a5 defined by FRS I02. The fin8n¢ial slatemenis have Eeen prepared ITr E4ccDrdance wilh A¢¢ounting and R¢portin8 by Chwities.. Siaiemcnt of Recommended Practice appli¢able io charili¢s preparing their accounts in accordance with, the Financial Reporting Standard 8ppli¢gble in the Unired Kin8dom and R¢publi¢ of Ir¢l#nd (FRS 102), the Chanies Act 2011. Ihe Companies A¢1 2006 and UK Generally Aecepted Accountin8 Pra¢¢ice. The charity has applied Update Bulletin l as published on 2 February 2016 and does not include A cosh flow statement on th¢ grounds th il is applyin8 Flis 102 Section l A. Tr financial sraiemenis are prepared on a going concern b&si$ und¢r the historical cosi ¢onveniion, modified to include ¢ert&in items al fair value. The finan¢ial slotements are presented in stcrlin8 which is the functional curr¢n¢y of the charity. The significant a¢unting policies appli¢d in the preparaiion of these financial Sthiements are set out below. These policies have been consisiently applied to all years presented unless otherwise stated. Funds Unrestricted funds are available for use at the discretion of ihe trustees in fvrtheran¢¢ of th¢ 8¢ncral obj¢ciiv¢s of ihe charity and which hav¢ not been d¢S1ted for oiher purposes. DesIated funds compris¢ unrestrict¢d funds that hgv¢ been scl aside by th¢ Irus¢ees For parfi¢ular purposes. Th¢ aim and use of each designated fund is s¢1 oul in the not lo the finan¢ial stalements. R¢strict¢d funds are funds which ar¢ to bc us¢d in uc¢ordan¢e with specific restriclions imposed by donors or which have been raised by the charity ftir particular purposes. The cost of raising and admini5fering Such funds are charged a8ains¢ the specific fvnd. Th¢ aim and use of each restricted fund is set oul in the nol¢s to the financial statem¢nts. Endowment funds repr¢s¢nt those assers which must be held pennanently by the Charity, prin¢ipally the building. Income arisin8 on the endownment funds can be used in accordance with the objects of the charity and is included unrestricted income. Any Capital gain5 or losses orising on ihe inv¢stm¢nts fonn part of the fund. Investhi¢nt management charges and le8al advice relating to the fvnd are charged agaiiist th¢ fund. li
BURREN COMMUNITY ASSOCIATION LIMITED (A company limited by guarantee) BURRE]Y COMMUNITY HALL. I4 BRIDGE ROAD, BURREN. WARREIYPOINT, CO DOWN. BT34 3QT Notes to the FinanclAI Statements for tht YeAr Ended 31 March 2025 Summary of significan¢ ¥c¢oun¢ing policies In¢om¢ recognition All incoming resources are included in the Statement of Fit)ancial Activities (SOFA} when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and il is probable that the income will be received. For donations to be recognised the charity will have been notified of ihe amounts and the settlement dale in writing. If there are conditions attached lo the donation and ihis requires a level of performance before entiilement ¢an be obtained then income is deferred until those conditions are fully met or the fulfilment of thosc conditions is within Ihe sn1r01 of the charity and il is probable that they will be fulfilled. Donated facililie5 and donated professional services.are re¢ognised in income at their fair value when their economic benefit is probable. il can be measured reliably and the charity has control over Ihe item. Fair value is d¢l¢rmined on the basis of the value of the gift to the charity. For example the amount ihe charity would be willing to pay in the open market for such faciliiics and services. A corresponding amount is recognised in expenditure. No 4mount is included in the financial statements for volunteer lime in line with the SORP. Incom¢ from 8fp¢nts are recognised at fair value when (he charity has entitlement after Any performance condition5 have been met. il is probable thai the income will be received and the amount can be measured reliably. If entitlement 15 not met Ih¢n these amounts ar¢ deferred. Other income includes the rental in¢ome receiv¢d from the rental of the building. It is included when the amount can be measured reliably and is recognised as the charitys right lo receive payment is established. Expenditure recogniilon All expenditure 15 accounted for on an aeerua15 basis and has been classified under headings that aggregate all costs related to th¢ Category. E,¥penditure is recognised where there is a legal or constructive obligation to make payments lo third parties. it 15 probable Ihat the settlement will be required and the amount of the obligation can be measured reliably. It 15 calegori5ed under the following headings: Expenditure on Support Costs. and Expenditure on Governance Costs. Irrecoverable VAT is charged a5 an expense againsi Ihe activity for which the e.xpenditure arose. 12
BURREN COMMUNITY ASSOCIATION LIMITED (A eompany limited by guarantee) BURREN COMMUNITY HALL, 14 BRIDGE ROAD, BURREN, WARRENPOINT, CO DOWN, BT34 JQT Notes to the Financial Statements for the Year Ended 31 March 2025 I Summary of Significant iceounting policies Support costs allocgtion Suppojt costs are those that assisi the work of the charity bui do not direcily represent ¢haJ'it8ble activities and include office costsi governance costs, administrative payroll cost5. They air incurred dire¢ily in supwi'i of e.¥penditure on ihe objecLS of th¢ chai'ity. Where suppoi'l ¢osis cannot be directly allributed to particular headings ih¢y have been allocal¢d to cost of raising funds and expendilure on charitable a¢rivilies on a basis consistent with use of the rcsouices. Premise5 overheads &ftd other ov¢rheads have teen allocftted a5 expenditure on 511PPOrt costs. Tangible fixed assets Tangible fixed setS are $ted at cost less ¢uMulated dcpr¢¢iation and accumu1cd impairment loss¢s. Cost includes cosrs dir¢rily attributable to making th¢ ass¢t Capable of operating as inlended. Depreciation is provided on all tangible fix¥d asse, at r8res calculated to wriie off the cosi, less estimated residu81 value. of each assei on a systematic basis over its expccied useful life Is follows: Assei Class Leasehold Ld And 8uildin8S Depreciation method and rAt¢ 4Y• Sirai8ht Line 4V• Striight Line 1 5% R¢ducin8 Balance Fixiures and Fittings The building ha5 been valued using the histori1 cosi basis. ,IkbtorJ and Cr¢ditor8 rxelv8bl¢lpoyable wi¢hi>) one year Debtors and creditors with no staled int¢r¢sl rate and receivabl¢ or payable within one year are rorded ai iransaclion price, Any loss¢s arising from impairment are recognis¢d in expenditure. Imp*irment Ass¢ls not mwured ai fair value are reviewed for any indication Ihat the asset may be impaired at each balance Sheet d&te. If such indication exists, the recoverable amount of the asset. or Ihe asset's cash generating unit, is estimated and compared io ihe canying amount. Where the cai'rying amount exceed5 ils It¢ov¢rable amount. an impaimient loss is recognised in profil or loss unless th¢ asset is carried at a revalued amount where the iinpairment loss is a revaluation decrease. Tax The Gharity is an exempl chai'ity within the meaning of schedule 3 of th¢ Chariiies A¢1 201 l and 15 consid¢r¢d io pass the t¢SES set oul in Paragraph I Schedule 6 Finance Act 2010 and therefore it me¢is th¢ d¢finilion of a charitable ompany for UK corporalion lax purposes. Going concern The financial 51atements have been prepared on a going concern basis as the trustees believe thai no material uncei'iain(ies exist. The trust¢¢s have eonsid¢r¢d the level of funds held and rhe expected level of incom¢ and expcnditurc for 12 months from aurhorising Ih¢sc financial 51aiem¢nrs. The budgeted income a¢Ki expenditure 1$ sutTicient with the level of r¢serv¢s for the charity to be abl¢ to wntinue as a going concem. 13
BURREN COMl¥fUNITY ASSOCIATION LIMITED (A tomp%ny limited by guirAntte) BURREN COMMUI4ITY HALL, 14 BRIDGE ROAD. BURREN. WARRENPOINT, CO DOWN, BT34 3QT Notts to tbe FinAn¢iThl St4fements Tor ihe VcHr Ended JI Morcb 2025 Income from donotions aud legxcies 2025 2024 Gr8nrs 76 76 80 80 Income from gran was £76 (2024 . £801 and was wliolly allribulHble lo rtSirici¢d funds. Other Income 2025 2024 Rent&l Inu)me PriTK 5,830 10.725 5,930 10,725 l)th¢r Inrne WAS £5,930 12024 . £10,725) and w&$ wholly attributhble lo unr¢siricied funds. 14
BURREN COMMUNITY ASSOCIATION LIMITED (A company limited by guarantee) BURREN COMMUNITY HALL, 14 BRIDGE ROAD, BURREN, WARRENPOINT, CO DOWN, BT343QT Notes to the Financial Statements for the Year Ended 31 March 2025 Allocation of support costs Activities ndertaken Activities undertaken directly 2024 directly 2025 Water Rates Repairs and Renewals Light and Heat Insurance Legal Fees General Expenses Bank Charges Depreciation 1,176 445 5,387 2,083 76 393 903 906 3,502 1.870 253 5,509 15,181 5,641 13,186 £3,375 of the above costs were attributable to endoNvTnent funds. £11,730 of the above costs were attributable to unreslricled funds. £76 of the above costs were attributable lo restricted fijnds. Governanc¢ Costs 2025 2024 Independent Examiners Remuneration 1,061 1,061 1,037 1,037 15
BURREN COMMUNITY ASSOCIATION LIMITED (A compaDy limited by guar*ntee) BURREN COMMUNITY HALL, 14 BRIDGE ROAD. BURREN. WARRENPOINT, CO DOWN, BT34 3QT Notes to the Finantial Statements for the Year EAded 31 March 2025 Net Income for the year Net Ineome is stated after charglug 2025 2024 Depreciation of tsngible fixed assets 5,509 5,509 5,641 5,641 Independent Examiners remuneration The independent examiners remuneration amounts to an independent examination fee of £950 (2024 - £950) and other services totalling £1 11 (2024 £87). Truslees, and key management personnel remuneration and expenst$ The trustees neiiher received nor waived any remuneration during the year (2024 - Nil). The trustees did not have any expenses reimbursed during the year (2024 - Nil). 16
BURREN COMMUNITY ASSOCIATION LIMITED (A company limited by guarantee) BURREN COMMUNITY HALL, 14 BRIDCE ROAD. BURREN, WARRENPOINT, CO DOWN. BT34 3QT Notes to the Financial Statements for the Year Ended 31 March 2025 Tgngible Flxed Assets Land and Buildings Fixtures & Fittings Lease Totsl Cost At l April 2024 115,361 3,768 11,787 130,916 Additions Disposal At 31 March 2025 115,361 3.768 11,787 130,916 Depre¢ia¢io At l April 2024 59,878 1,943 6,825 68,646 Charge for the Year 4,614 151 744 5,509 Disposal At 31 March 2025 64,492 2,094 7,569 74,155 Net Book Value At 31 March 2025 50,869 1,674 4,218 56,761 At 31 March 2024 55,483 1,825 4,962 62,270 The net book value of land and building comprised.. 2025 2024 Land and Buildings: Leasehold 50,869 55,483 17
BURREN COMhlUNI (TY ASSOCIA TION LIMITED {A tomphny lirnited by Euarnolttl BURREP4 COMMUNITY HALU 14 BRIDGE ROAD. BURREN, WARRENPOINT.CO DOWN, BT34 3QT Notts to iht FlthxDtiMI Stiemeh¢3 for the YeRr EDded JI Mxrth 20Z5 Debiors 2025 2024 Ih¢r Debr$ Prcp8yments 140 350 490 6,(K)O 3Z3 6,323 Creditors- #njouftts fi115tsg due witblo Ont yettr 2025 Z02 A¢¢rnols 12 D¢ferr¢d In¢omt 2025 2014 Al l April 2024 Addition5 durin8 th¢ y¢ii Uiili5ed during ihe yeji Al 31 March 2025 80 ij Fundi r¢¢o•¢lllAtIou Unre¥trl¢ted funds Bftlint¢ At 31-Mar.25 01-Apr-24 Intomc xpenditure Gener1 Funds 27,892 27.892 5,930 5,950 12,791 12,791 21,031 21,031 Restricted fmods B#lAlte At 01-Apr-24 IDtom¢ Exp¢lldilure Jl-hl4r.25 Rcstriel¢d fvnd$ 76 76 76 76 Building Funds Bal#Th¢t at 01-Apr-24 In¢om¢ 8xp¢ndit•r¢ 31-Mar-25 Eiidowmethi Fiinds 40.659 40,659 3.375 3,375 37,284 37,284 FuThd D¢scriytion$ General funds Ire reserves IhBI will be used for tli¢ oiisoingclwri¢able CompRLils a¢iivities. Endowinetht funds ire r¢5erw in relation lo Ihe prokKrty owned by the ¢harity. 18
BURREN COMMUNITY ASSOCIATION LIMITED (A tompNny limited by gurAntee} BURREN COMMUNITY HALL 14 BHIDGE ROAD, BURREN, WARRENPOINT. CO DOWN, BTJ4 3QT Notu to the Finantixl Stst¢methis for the V&gr EAd¢d JI Mareh 202$ 14 An#ly$ts of ftet a55ets between funds R¢b'lriLle Funds Uhrestrietsd Funds Endowment Tolll Fixed asms Ch and currtnt in¥tstmenL% Oiher turreni Assets Oiir current liabiliiies 19.477 2,776 490 37,284 56.761 2.776 490 21.031 58,315 Is iknconelllatlon of net IntOmexptndI1r¢l to rtet eo8h fiow rrtm orrtrAling sttlvitles 202S ZOZ4 N¢1 In¢omeJ¢yp¢nditure for rh¢ y¢•t Pur¢has¢s of ¢Jn8ibt¢ fixed se1$ Depreci8tion ofiangible fixvj ass¢ J)ecre4selllncrell5el in debiors {Drease1ree in credirS 110.2J61 13.4181 11,800 5,641 15,956 {1.489} 7,0221 5,509 5.833 538 16 R¢l¢od PArty tronM¢tlons There are r¢14ted pArty ¢wanM¢tions durin8 ihe period {2024.' £Nil). 19
BURREN COMMUNITY ASSOCIATION LIMITED (A eompany limited by guarantee) BURREN COMMUNITY HALL, 14 BRIDGE ROAD, BURREN, WARRENPOINT, CO DOWN. BT34 3QT Notes to the Financial Statements for the Year Ended 31 March 2025 2025 2024 la¢ome Grants Received Rent Received Prize Funds 76 5.830 100 6.006 80 10.725 10,805 Support Costs Water Rates Repairs and Renewals Light and Heat Insurance Legal Fee General Expenses Bank Charges Depreciation 1,176 445 5.387 2,083 76 393 903 906 3.502 1,870 253 5,509 15,181 5,641 13,186 Governance Costs Independent Examiners Remuneration 1,061 1,037 Total Expenditure 16,242 14.223 Net Deficit (10,236) (3,418) 20