Bannside 2000 Limited iXBRL

Company Registration Number: NI038517

Bannside 2000 Limited

(A company limited by guarantee, not having a share capital)

Unaudited Financial Statements

for the financial year ended 31 March 2026

Bannside 2000 Limited

(A company limited by guarantee, not having a share capital)

DIRECTORS AND OTHER INFORMATION


Directors	A.M. Fox
	B. Irwin
	R. McDonagh
	Sr M. Turley
	D. Ferguson
	M. McGurgan


Company Secretary	Sr Mary Turley


Company Registration Number	NI038517


Registered Office	103 Thomas Street
	Portadown
	Co. Armagh
	BT62 3AH
	Northern Ireland


Business Address	28-29 Obins Avenue
	Portadown
	Co. Armagh
	BT62 1DF
	Northern Ireland


Accountants	MG accountants
	(Portadown)
	25-27 Carleton Street
	Portadown
	Co. Armagh
	BT62 3EP
	Nothern Ireland


Bankers	AIB
	18-20 Scotch Street
	Co Tyrone
	BT70 1AZ
	United Kingdom


Solicitors	R.M. Cullen & Sons
	16-20 Church Street
	Portadown
	Co Armagh
	BT62 3NA

Bannside 2000 Limited

(A company limited by guarantee, not having a share capital)

Company Registration Number: NI038517

BALANCE SHEET

as at 31 March 2026

		2026	2025
	Notes	£	£

Fixed Assets

Investments

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Current Assets

Cash and cash equivalents

44,397

50,517

Creditors: amounts falling due within one year

(1,103)

(1,871)

─────────

Net Current Assets

43,294

48,646

─────────

Total Assets less Current Liabilities

43,294

48,658

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Reserves

Retained surplus

43,294

48,658

─────────

Members' Funds

43,294

48,658

═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.

For the financial year ended 31 March 2026 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 1 October 2026 and signed on its behalf by

________________________________

A.M. Fox

Director

________________________________

B. Irwin

Director

Bannside 2000 Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2026

General Information

The financial statements comprising the Profit and Loss Account, the Balance Sheet and the related notes constitute the individual financial statements of Bannside 2000 Limited for the financial year ended 31 March 2020.

Bannside 2000 Limited is a company limited by guarantee incorporated in Northern Ireland (registered number NI038517). The registered office is 103 Thomas Street, Portadown. BT62 3AH. The nature of the company involves social work activities and community development through Bannside Development Agency Ltd. and Bannside Community Group subsidiaries.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the year ended 31 March 2026 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the

Investments

Investments consist of share capital in Bannside Development Agency Ltd.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

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.

Employees

The average monthly number of employees, including directors, during the financial year was 8, (2025 - 8).

2026

2025

Number

Number

Directors

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4.	Creditors	2026	2025
	Amounts falling due within one year	£	£

	Accruals	1,103	1,871
		═════════	═════════