REGISTERED COMPANY NUMBER: N1047243 (Nortlierii li'elrfqn(l)
REGISTEIIED CHARITY NUMBER: NIC100049
Ile )ort of tlie Trustees aii(I
Uiiiiii(litecl Fiiiuiicial Slatcnienls for tlie Yeai. Ended 31 Deceinbcr 2023
for
Tfir Isteiich Lt
Lii)iite(I b (Tuii raiilee
A Coiii
Lyiiii, Drake & Co Ltd
Cliai'tered Accouiitaiits
1st floor
34 B-D Maiii Street
Moii'a
Co. Ariiiagli
B"r67 OLE

Tar Isteach Lt(I
Contents of the Flna iiei41 Stateiiients
for the Year Eiiilcil 31 DeeLiiiber 2023
Page
Refei'eiice llii(l A(Iniini51rative Dctai15
Report of tlie Ti'uslees
Indepen(leiit Exttmiiier's Rei)oi't
Statemeiit of Fiii#iielal Activitles
Staten)eiit of Fiiiaiici#l Positioii
Noles to tlie Fiiiaiicial Sl#tcmeiits
12 10 22
DctAilc(I Statement of Finaiicial Activilles
23 to 24

Tai. Isteigcl) Ltd
Referellce and Administrative Details
for tlie Yeai. Eiicle(1311)ecember 2023
TRUSTEES
R Mccalliiiii
J O'Hagaii Project Coordiiiator
COMPANY SECRETARY
J Doliei'ty
REGISTERED OFFICE
244 Aiitriiii Road
Belfast
Co. Aiitriii)
BT15 2AR
REGISTERED COMI)ANY
NUMIIEII
N1047243 (Nortlierii I relaiid)
RCC.ISTEIIED CHAIIITY
NUMIJER
NICI 00049
INDEI pr.NDENT EXAMINF.R Lyiiii, Di'ake & Co Lid
Cliartered Accoui)taiits
1st Floor
34 B-D Maiii Street
Moii'a
Co. Arii)agFII
BT67 OLE

Tai. Isteach Ltd
oi't of Ihe Ti'ustees
for the Yei)r En(leil 31 Deceiiiber 2023
Tlie Ii'iistees wlio are also directors of tlie cliarity for tlie purposes of the Coinpanies Act 2006, pr¢seiil tlieir
repoi'l ivitli Ilie fiiiaiicial stateiiieiils of tlie cliarity for tlie yeai. elided 31 Deceiiiber 2023. Tlie Iriistee5 liav¢
adopted tlie i)rovisioiis of Accoiiiitii)g aiid Reportiiig by Cliarities: Staletiieiit of Recoinineiided Practice
appl icable to cliai'ities preparing Ilieii. accoiiiitS li) accoi'daiice willi tlie Fiiiancial Reporliiig Staiidard
applicable iii Il)e U K aiid RepubliL Ot" Irelaiid (FRS 102) {effectiv¢ l Jaiiiiai'y 2019).
OBJEI CTIVES AND ACTIVITIES
Objeclives Aii(I :iiiiis
I"lie aiiiis aiid objeclives of Tar Isteach are to atlaiii eqiiality, iiicliisioii, fiill cilizensliii) aiid eiiiotioiial
wel l-be iiig for Repiiblicaii Ex-Prisoiiers aiid Iheii. faiiiilies iii Norlli Beifasl tlirougJli Ilie provisioii of Advice,
Coiiiiselliiig, Einotioiial Slipport, Yoiitli Pi'ovisioii, Traiiiiiig & Ediicalioii,
However, Ilie g7roiii) is tolal ly iiicliisive aiid is i)arl of coiiii)ILiiiily develoi)Iiieiil iielwork of Norlli Belfasl
vorkiiigj to iiiii)I'ove social aiid ecoiioiiiic coiiditioiis. No oiie, iio iiiattei. wliat tlieir backgroiiiid is ever liiriied
away.
It also cai'ries oiit I'esearcli, lobbies, and advocates oli eqiialily of riglits aiid opi)orliiiiities. Tlie priiicipal
activilies are provisioii ot. qLial ily services foi. all agies iviiliii) coininiiiiilies of iiorili Belfast wliicli are social ly
aiid ecoiioiiiically disadvaiilagyed iliroiigli aclivities tlial proinote Ilie piibl ic benefit:
Wel f¢1re RigylilslB¢iicfits Advice Servicc oli all aspecls of ivelt.are riglits beiiefils, lioiisiiig, debi aiid Inoiiey
iiiaiiagFClllellt, IILiilili cll)d d isabi l ily, bci'eaveiiiciil siipi)orl aiid i)c?tliivays to ciiiployi)ieiil a(Ivicc.
C011115LI l iiigj <lli(l I￿.17)01 ioi)al Siii)poi'l Sei'vice, loi. al l aspect of iiieiit1c l aiid eiiiotioiial liell Itll aiid wel l-bc iiig.
Yoiitli Develoi)iiieiit
Traiiiiiig, F.diicatioii ai)d Iiiii)loyinetil Giiidaiice
Good relalioiis Iiro&iraiiiines, i)I'oinoliiig ti'iist, toleraiice, aiid respect for diversity.
Tlie services cater t'or all tl)ose iii iieed iio Iiialter wliat tlieir coiiiiniiiiily backLyroiind. Tlie groiips siiice ils
iiicei)l ioii is coi)ii))ilted to coiiiiiiiiiiily develoi)Ineiit, proiiioliiig peacc aiid coiitl ict Iraiisloi'iiialioii, ii))pi'oviiig
cross coiiiiiiiiiiily ivoi'kiiiL7 l'elalioiisli ips, eqiialily, aiid soc ial jiislice for al l.
OIICANISATIONAL OBJECTIVES
Tlie Cjroiip is establ islied for the c2dvaiiceineiil of ediicalioii, tlie relief of poverty, tl)e relief of iineinployiiieiil
aiid lo proinole tlie i)I'olectioii ai)d prcsci'vatioii ot. liealili c211i01ig ex-prisoiiei's aiid tlieir fiqiiiilics iii Nortli
Belfasl aiid ils eiiviroiis aiid iii pai'liciilar:
To provide coiiiise I liiig, eiiic)tioi)al siippoi't, ti'aiiiiiig7 aiid ediicc2tioii for ex-prisoiiers aiid Ilieir faiii i lies, and
practical siipport lo siicli fainilies ivliicli al-e iii Iieed as I'esiili of Ilieii- ecoiioiiiic or social cii'ciiiiislaiices.
'ro oi'gatiise recrealioiial, ediicatioiial aiid olliei. leisiire-tiine aclivities ii) tlie iiileresls of social welfare for
Ilie ex-i)risoiiers aiid Ilieir fain il ies.
To pi'ovide iiit'oi'iiiatioii, ti'aiiiiiig aiid practical supporl lo cliaritable ex-prisoiiers, coiiiinllllity groLlPS iii ilie
area of beiiefit iii ali effoi'l to iiicrease tlieir effectiveiiess aiid efficieiicy.

Tar Isteacli Lt(I
ort of tlie Trustees
foi. tlie Yeig1' Fiide(131 December 2023
OBJECTIVES AND ACTIVITIES
Public benefit
Tlie trLlStees believe tliat tlie orgaiiisatioii provides a piiblic benefit Iliroiigli ils efforts to altaiii eqiialily,
iiiclusioii, fill I citizeiisli ip aiid einotioiial well-beiiig for Repiibl icaii Ex-Prisoiiers aiid tlieir faiiii l ies. Tlie
groLlP is also totally iiicllisive iii proiiiotiiig Coininiiiiily clevelopii)eiil and iiiiproviiig social ecoiioi)iic
coiiditioiis.
Tlie Iriislees are fill ly aivilj'e of tl)c giiidel iiies froiii tlie Cl)arity Coiiii)iissioii for Noi'ilierii Irelaiid to coini)ly
willi Ilie Cliarilics Act (N I) 2008. Tliey liave coiiipl led witli Ilieir diity iii)der sectioii 4(6) ot. Ilie Cl)arities Act
(Noi'll)eri) Irelaiid) 2008 10 l)ave I'egard to ilie Cliarity Coiniii issioii t"oi' Norllierii Irelaiid's giiidaiice oli piiblic
beiietil aiid Ilial the PLiblic belief Il reqiiireiiieiit lias iiiforined tlle activities of ilie cliaritable coiiipaiiy iii Ilie
year eiidiiig 31 Deceinber 2023.

Tar Isteacl) Ltd
ort of the Trustees
for the Year 11(led 31 December 2023
ACHIEVEMENT AND PERFORMANCE
Cliaritxble activities
Workiiig iii parliiersliip i%'iili coii)Iiiiiiiity, statiitory, biisiiiess aiid political repi'eseiitalives ive ei)gage arid
cooperale Nijil] Ic dvicc sei'vices, siipport sei'vices, Coiiiiniiiiity gi'oLlPS aii(I bod ies c1cross Nortli Belfast tliat are
addressi1)& iieed ai)d i)roiiiotiiig good coiiiiiiiiiiity re latioiis, eqiial opportiiiiities aiid chal leiigiiig
discriiniiialioii. Woi'kiiigi ivitl) local coiiiiiiiiiiiiy groiips aiid statutory bodies a series of eveiits aiid activities
wei'e riiii oiit aiiiied at proinotiiig good relatioiis aiid recoiicil iatioii.
Maiiy tIIoLisaiids of people iised oiir sei'vices or atteiid oiir eveiils eacli year. Workiiig iii parliiersliip ivilli
coiiiiiiiii)ity, staliitoi'y. blis iiiess. aiid pol itical represeiitatives ive eiigage aiid coopei'ale iviili advice services,
SLlPPOI't sei'vices, coiiiiniiiiily gi'oiips aiid bodies across Nortli Belfast 11)al al'e ad(Ircssiiigi iieed aiid proiiioliii
good coiniiiLlllity relalioiis, eqiial opi)ortiiii ities aiid clial leii&Fili& discriiiiiiiatioii.
Workiiig witli local
coiniiiLlllity groups aiid staliilory bodies a series of eveiits aiid activities were I'uii oiit aiiiied al proiiioliiig
good relatioiis aiid recoiici lialioii.
Tar Isteacli atteinpts to addi'css iiecds aiid social exclii.4ioiI by ils SLlPI)ort services, by iiifoi'iiiiiig, by
yiiidai)ce. aiid by ii)leriial aiid extei'iial refei'rals systeins l iiiked lo coiiiiiiiiiiity iietworks aiid stalLltoi'y bod ies
ai)(l agieiicies.
Tar Isleacli is a iiieiiiber of several parliiei'sliips i)I'ovidiiig services aiid org7AiI isiiig coi)IlllLllllty activities iii
iiortli Belfast.
'ar Isteacli I'clies oli beiiefiL iaries aiid Iisei's to siii)poi't Ilie orgyaiiisalioii,
-0¢111 i)eople voliiiiteei-, as%isl arid i)ai'tic ipale iii OLII. eveiits.
Locc11 peoi)le voliiiileei. iii oiir ofi Ices, at oiir eveiils aiid activities.
Oiii. gyroiii) liolds iiifoi'iiialioii sessioiis aiid gyive preseiilatic)iis aiicl iiiforiiialioi) 011 ilie wel lare systeiii aiid
welfare reforiii to tlie local coiiiiiiiiii ity.
Fliiiidreds of pareiits aiid cli ildren atteiided oiir coiiiinllllity eveiils eacli year aiid volLiiileei' to siipervise aiid
sleivard.
OLir AGM is wel l allei)clLd.
We i)rovicle Iiiid IlislribLile iiiforiiiatioi) oil al l aspecls of beiiefits, ti'aii)ii)g 01)porlLiiiilies, eiiii)loyiiieiil,
Collllselliiig, illl(1 liealili i)roiiiotioi).
Oiii. biiildiiigi is coiisidcred safe, welcoi)iii)g, aiid coinfortable, il services are used by people froin all
sectioiis of society Iiere.
Yoiiiig i)eople use oiir pi'eiiiises aiid faci lilies for tlieir aclivities aiid leai'iiiiig.
Acccss lo tlie iveltill'e systein aiid eiititleimeiits is crLicial for i)eople striiggiliiig lo Inaiiage. Welfare riglils
advice is a key eleiiiei)t iii a iiiiilti-faleled aiid iiiiilli-ag7eiicy I'es1)01)se lo poverty, social aiid ecoiioiiiic
deprivalioii. Tlie largyest proportioii ot" aclvice is delivered face-lo-fac¢ biit ive il Iso provide l)01)ie visits aiid
teleplioiie advice.
Oiir service provides tlie advice aiid siippoi'l tliat eiislires iiid ividiials aiid faiiiilies seciire ilie iiecessities, by
lieli)iiig tliein to access all beiiefils, seciire Il)eir lioiisiiig iieeds, eiisiirc represeiilalion al appeals aiid
del iverii)g i)ioiieyldebt advice. Tai. Isleacli l)elps iiidividiials iinprove tlieii. qual ity ot" lit.e aiid eiiables Ilieiii to
coiilribiile to tlie ecoiioijiic iiifraslriictiire ivitliiii il)eir coiiiiiiiiiiities.
Maiiy of oiir clienls are of advaiiced age aiid lived tlirouglioiit tlie coiiflict. Tlierefore, ageiiib, disability,
liealil) aiid iyel l-beiiig, Iraiiiiia aiid traiisgeiier1c tioiial traiiina are also descripioi's for tlie iillpact of coiill icl iii
people's lives. Maiiy of iliose ivlio coine to Tar Isteacli for assislaiice fall ii)to tliese categ7ories.
111 2023 oiir advice service seeii iii excess of 2000 people aiid dealt iviili ii)ore Iliaii 8000 quei'ies. Alinost £2
iiii11 ion was seciired iii b¢iielits aiid eiil itleiiieiits for clieiits. Tlie Inajorit}' of its cl ieiits are iii poor pliysical
or iiieiital lieallli, disabled, affl icted by tlie coiiflict, carers, tlie eldei'ly, people striiggl iiig lo cope fiiiaiicially.

Tar Isteach Lld
ort of the Ti'ustees
foi. tlie YCRI" Eniled 31 Decen)ber 2023
Tar Isteach is a coiiiiiiiiiiity-based orgaiiisatioii tliat provides fainily support services aiid a5sislaiice iii
respoiise to issiies of poverly, disadvaiilage, ill liealih, exclLlSlOlI, ai)d isolalioii. Tliis iiicliides Welfare
Riglils/Beiiefits Advice, CoLiiisel liiig aiid Eiiiolioiial Siipport, yoiitli support, aiid Slipport iiilo Iraiiiiiig,
ediicatioii, aiid eiiiployiiieiit. Tlie groiip is coiiiiii itled lo ¢oini)iuiiily developiiieiit, proiiiotiiig peace aiid
coiiflict traiisfoi.511atioii, iiiiproviiig ci'oss coiiii)iiiiiity working relalioiisliips, eqlialily, iiicliisioii, aiid social
jiistice for all.
It ¢idvocates, lobbies aiid cainpaigns on issues of eqliality aiid ii)¢liisioii for i)olitical
ex-prisoiiers and tl)eir faiiii l ies, iiicludiiig legacy issiies of iiitergeiieralioiial discrii)iiiiatioiis.
As ii)eii)bers of ilie cross coiniiiiiiiity Nortli Belfasl Advice Parlnei'sliii), Ive llave access to siiecial isl advice
Vlcl tlie Bel fast City Wide 'l'ribiiiial Service. Tl)e NBA P is playiiig a lead role iii iiiaiiitaiiiiiig ai)d iipdatiiig of.
tlic advice sei-vices of eacli of its i)Icinbers. By Inoderiiisiiig aiid ii)iiovatiiiLy ive ii)leiid io eiisiire tlie services
offered to tlie publ ic is accessible, efficiei)t, effective, aiid I'elevcint iii 2023 aiid beyoiid.
Coiiiiselliiig and Einolioi)al Siipport Sei'vice
Coiiiiselliiig aiid eiiiolioiial siii)i)ort also reiiic1il)S cls a very iiiiportaiit eleii)¢iit ii) I'edressiiigv Ilie iiiii)act of tlie
coi)flicl aiid ISSLICS SLicli as traiiiiia, loss, I'elic tioiisli ii) difficLilties, iiialadapiive beliavioiirs issiics tlial disable
aiid preveiit fiill social aiid eLoiioiiiiL P<irtic ipalioii aiid iiitegTralioii. Tlic iiicr¢ase iii <leiiii111(l is be iiigJ i)iel l)y
laLe lo face, i)lioi)e, aiid video, I"lie sei'vice lias Iiiaiiitaii)ed ils iielwork of. releri'al pail)¥vays aiid ivorki lig
parliiersl) ips ivitli all relevaiit liealtli, statiitoi'y and coininiiii ity siipporl services across noi'ili Be Ifast aiid
beyoiid.
l)roiiiotiiig Iiidividiial & Coiiiiiiiiiiity Developineiit,
)I'oiiiotillgF I)eic cc & Coiifl ict Ti-aii%foriiial ioii,
I iiipi'oviiig Ci'oss Coiiiiiiiiii ily Workii)gy Relalioiisliips,
Advocatiiigy t"oi' Eqlialily arid Social J iistice for all,
We coiiliiiiied io provide Good Relatioiis ProgFI'aii)Iiies, worksliops, aiid coii lei'eiices tlii'oiigil)oiil Ilie year.
Peoiile ot" al l agyes aiid backLyroiiii(ls Pil1'1icip1c ted iii a series ot. worksliops, coiil creiices, Ii'11iiiiiig coiii'ses, aiid
ediicatioi)al coiirses. Tliesc aclivities are iiiade possible diie lo tlie siipi)orl of our spoiisors, tlie local
coiiiiiiiiiiity, oiir voliiiilcers, aiid oiir parliiei'sliii)s willi like-liiiiided oi'bldiiisatioii siicli as. Coiste ila
11-lic rcli iiii i, Asliloii Coiiiiiiiiiiity Ti'iist, tl)e Greatcr New Lodge Coiiiii)Iiiiily Einpoweriiieiil Partiiersliip, Tar
Aiiall Traiiiiiigy aiid Eiiiployiiieiil, EPIC, Tra Gra, tlie l-loiisiiig Exeililive, tlie Nortli Bellast Iiiterface
Netil'ork, ilie Noi'lli Bclfast Clirisliaii Felloivsliip, Tlie Execiitive o￿lce, Ncwiiigloii Hoiisiiig Associatioii,
Copiiis Coiisiiltiiig, ai)d Tiiiie Associates
FINANCIAL REVIEW
Tlie coiiii)aiiy liad iiel iiicoiiiiiig I'esoiirces foi. Ilie yeai. of £9,295 (2022.. iiet iiicoiiiiiig resolirces of £17,912),
wliicli reflected tlie coi)Iplelioii of a iiiiinber of pi'ojects dLlI'iI)g Ilie year. Uiii'estricted fLiiids iiicreased by
£10,177, wlii le restricted ftiiids decreased by £882.
Resei'vcs i)olicy
Tlie Cliai'ily's Pol icy is lo reta iii a level of reserves, wliicli iiiatclies Ilie iieeds of tlie orgaiiisalioii botl) at tlie
ciirreiit liiiie aiid iii tli¢ foi'eseeablc fiitiire. Tlie cliarity lias develoi)ed a plaii to eslablisli and iiiaiii18111 Iliis
agireed level of I'eserves. Tlie cliarity ivill coiitiiiiie to iiioiiitor coiiipl iaiice willi 11)is i)ol icy oli a regFiilar basis
aiid tlie Board ivi11 revieiv tlie appi'opi'ialeiiess of ilie pol icy aiiniial ly.

Tar Isteach Lt(I
ort of the Trustees
for tlie Year Encle(131 December 2023
FUTURE PLANS
Tlie Tar Istea¢li strategic Plaii is intetided to provide tlie orgaiiisatioii ivitli fiitiire directioii over Ilie iiext
3-year period froiii 2023.
Oiir strategic goals wi I I deterin iiie the s¢rvices, prograinines, aiid projects we deliver. Our oiilcoiiie-based
api)roach iii oiir work will provide a basis by ivli icli ive cali jiidge oiir Sliccess iii our delivery.
Eacli aiiii is suppoi'ted by a series of oiitcoii)es wlii¢li specifies Ilie cliaiigves we waiit to see, tlie differeii¢e ive
waiil to Ill<ike.
It sets oiit oiir gioals aiid liow we will acliieve Iheii). Tl)ese Strategic Aiiiis ivill be acliieved tliroiigyli
operatioiial objeclives. Overal I, our slralegy is iiiiderpiiiiied by Olir Missioii aiid ValLies whicli drives all tliat
we do.
Tlie core ai'eas ot. oiii. work al'e defiiied as..
Iiidividiial aiid Faiiii ly Siipi)ort Sei'vices
CoiiiiiiLllI Ily Develoi)iiieiil
Proiiioliiig EqLialiiy of Riglits foi. All
l)roinoliiig Peace aiid Recoiici liatioii
Orgaiiisatioiial Develoi)Iiieiit
1'1ieret'oi'e, the slralegic aiiiis of 'far Isleacli reflect Iliese ai'eas as lolloivs:
Strate&FiC A iiii I
O (icli ieve Ilie visoii of eqLial ity aiid fill I cili/eiisli ip riglits for everyoi)e.
Sii'alegyic Aiiii 2
TL) i)rovidc li igil) qiiality aiid accessible siipport services for all.
Sli'alegic Aiin 3
To provide 01)i)oi'lLllI Ilies for p¢ople of all ages to eiibiagve iii i)ersoiial ai)d SOCi<il developiiieiit aclivilies ai)d to
leave a legacy for 11)e coiiiiiiiiiiity.
Slralegic A iin 4
"ro provide 01)porliiiiities for peoi)le of all ages aiid backgroLiiid5 to parlicipale in aclivilie5 Ilial proiiiote giood
I'elii liotis aiid recoiicil ialioii iii safe aiid coiiifortablc sliai'ed spaces.
Strc21egic Aiiii 5
To be a 'fit for piirpose, orgjaiiisatioii tlial strives to coiitlllLially develop aiid deliver liigli qiialily service
pi'ovisioii.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Goi'ei"i)iiig (locuineiit
I"lie cliarity is controlled by its gJoveriiiiig dociiiiieiit, a deed of iriisl, and coiistitiiles a liiiiited coiiipaiiy,
l iiiiiled by gLiaranlee, as defiiied by ihe Coiiipaiiies Act 2006.
Reci'iiitnient aii(l a ppointiiiciit of neiv triislees
'riie iiictliod iised lo I'ecruil iieii, tl'LlStees oiito tl)e board is tl)at of Ilie board iictivoi'kiiigi Iliroiigli Ilieir oivii
coiitacts, to fiiid soiiieoiie ivlio fits Ilie iiecessai'y reqiiireiiieiit at tlie tiiiie.

Tar Isteach Ltd
ort of the Truslees
foi" tlie Year En(It(131 Decen)ber 2023
STRUCTURF, GOVERNANCE AND MANAGEMENT
ClIAritable Status iii)(l Regisli'atioii
Tar Isteacli was i-egistered willi tlie Cliarity Coiiiin issioii for Nortliern Irelaiid 011 2iid April 2014. Its Cliarity
iiiiiiil)ei' is NIC 100049.
Risk iiianagenieiit
The pi'iiiciples of good goveriiaiice 2( re eiiibedded witliiii all aspects of Tar Isteacli's operatioiis witli
l)Icliiagei)ieiit ai)d staff beiiig keeiily aivare of tlie Boards respoiisibility of eiisuriiig tlial tlie orgaiiisalioii
protects itself froiii fiiiaiicial exposiire aiid repiitatioi)al dainage, A close ivorking relatioiisliip is iiiaiiitaiiied
belweeii tlie Boai'd ai)d iiiaiiageiiieiil to eiisiii'e Iliat opei'atioiial ly slnff al'e awai'e of Ilie staiidards I'eqiiired of
Iliei)I by tlic Boai'd aiid tlie Board are always iii a positioii lo pi'ovide guidRiice Iiiid siii)port to iiiaiiageiiieiil iii
Ilie discliargje ot. ilieir diities, Tliis livo-way relatioiisliip is tlie key feature of Tar Isteacli govei'iiaiice
ari'aiigeiiieiits aiid is a key streiigil) ii) tlie coiiipaiiy.
A coiisciciiliolis approacli to eiisiiriiig tliat coiitractiial project reqiiireineiils are acliieved lias beeii iiiaiiilaiiied
at all tii)Ics botli iii tlie accoLiiiliiig period beiiig) I'eported oli aiid siiice Tar Isleacli establ isliiiieiil. Very lig71)1
fiiiaiic ial coiitrols oli exi)eiiditiire aiid al I fiiiaiicial coiiini ilineiits are iiiai iilaii)ed at al I tiiiies arid project slaff
liave beeii Iraiiied aiid liave becoiiie experieiiced iii biidgelary coiiti'ols. Iii botli tliese areas ie Projeci delivery
aiid fiiiaiicial coi)ti'ols iiiaiiagveineiit al I staft. liave eslabl islied close workiiigi relatioiisl)ips willi fiiiidin
orgyaiiisalioiis lo eiis111'e al I Iiiaiidaloi'y slai)dards are ¢oiisisleiitly acliieved. Board represeiitatives also
aclively ¢iig)ag7e ivitli tiiiidiijgi bodies.
Tli¢ Board, iiiaiiagFeiiiei)t aiicl slatT are fill ly awai'e Ilial Ilie Iialure of tlie work iii wliicli Tai. Isteacli is iiivolved
cali briiig witli it a liigli level of scriiliiiy io eiisiire tliat all aclivilies are fully coinpliaiit willi fiiiidiiig
reqiiirei)ieiils aiid, tlierefore, beyoiid rei)I'oacl). Tlie Board of Tar Isleach is, tliereforc, &yi'eaily reassiired of tlie
coiiipiiiiy's coiiipl iaiice willi ilie li igliest of staiidai'ds of giovei'iiaiice oli tlie basis Ilial all Iiioiiitoi'iiig aiid
evciliialioii ot. pi'ojecl delivery dciiioiislric les acliieveiiiciil of al I fiiiidei's objeclives arid tliat liiiiders, aiidils aiid
VOLicliiiigv of fiiiaiicial ¢xi)eiidiliii'e ic lid Ilie iiidepeiideiil exaiiiiiiers repoi'l coiifiriii coiiipl iai)ie iviil) boll)
i)I'obily arid regyii lai'ily ill tlie iise of iiioiiies received.
Tliis repoi't lias beeii prepai'ed iii accordaiice witli Ilie 51)ecial i)rovisioiis of Parl 15 of tlic Coiiii)aiiies A¢1
2006 I'elatiiig io siiiall coiiipai)ies,
Approved by order of Ilie board of iriislees 011 26 April 2024 aiid sigiied 011 its belialf by..
J Doliei'ty - Seci'etary

lii(le
)eii(len¢ fi xani iner's Re
Tar Isltach Ltcl
I reporl oli Ilie accoiiiits of tlie coii)paiiy for tlie year elided 31 Deceiiiber 2023, wliicli are set oiit oil pages
iiiiie lo tweiity two.
oi't to tlie Trustees of
Respective respoiisibilities of ehArity trustees and examiner
As the cliarity's triislees (aiid also tlie dii'ectors for tlie piirposes of coiiipaiiy law) yoii are respoiisible for tlie
preparatioi) of tlie accouiits iii accordaiice ivitli tlie reqiiireiiieiils of tlie Coinpaii ies Act 2006.
Haviiig satisfied Imyself that tlie cliarity is iiot siibject lo audit ui)der coinpaiiy laiv aiid is eligible for
iiiclepei)dei)t exaiiiiiiatioii. il is Iny I'espoiisibility lo..
exaiiiiiie tlie accoiiiits iiiider Seclioii 65 of tlie Cliarities Act
follow tlie procediii'es laid dowii iii tlie geiieral Dii'eclioiis giveii by tlie Cliarity Coiminissioii for
Noi'iliei'ii Irelaiid iiiider Sectioii 65(9)(b) of Ilie Cliarilies Act
state wlietliei. pai'ticii lar Iiiattei's liave coiiie lo iiiy alteiitioii.
ljasis of the inclepcii(leiil exa inincr's i'eport
I liave exaiiiiiied yoiir cliarily accoLlllts as reqiiired uiider Sectioii 65 of Ilie Cliarities Acl aiid Iny exai)i iiialioii
was carried oiit iii accordaiice iviili the geiieral Directioiis giveii by Ilie Cliarity Coiiiiiiissioii for Noi'llierii
Ii'elaiid iii)dei' Seclioii 65(9)(b) of Ilie Cliai'ities Acl. The exainii)alioii iiicliided a review of Ilie accoiiiiliiig
records kept by ilie cliarily aiid a Loiiiparisoi) of Ilie accoiiiits preseiited M'itli tliose records, 11 also iiicliided
coiisideratioii ot. aiiy iiiiusiial iteiiis oi. disclosLlI'es iii tlie accoiii)ts, aiid seekiii&F exi)laiiatioiis li'oiii yoii as
cliarity Irlislees coiicerii iiigp aiiy siicl) ii)atlers.
My role is lo slal¢ wl)etlier aiiy Iiialerial iiialters liave coiiie to ii)y alteiilioii giviiigi Ine cause to believe.,
'riiiil Ccoillitiiig I'ccords ivci'e iiot kci)t iii accoi'dancc Ivitli Sectioii 386 of tlie Coini)ai)ies Act 2006
"riiat Ilie accoiii)ts do iiol ciccord witli Iliosc accoLllItillL7 records
Tl)at 11)e accoiiiils do iiot coiiiply witli Ilie accouiitlllg7 I'eoiiirciiieiits of Scclioii 396 of tlie Coinpai)ics
Act 2006 aiid witli tlic iiieiliods aiid priiiciples of ilie Cliarilies Staleiiieiil of Recoiniiiei)ded Pi'a¢li¢e
appl icable to cliarilies i)repariiigy tlieir accoiiiits iii accordaiice ivitl) tlie fiiiaiic ial Reporliiig Staiidard
api)l icalile iii tlie U K aiid Rci)Iiblic of Ii'cl<iiid
Tliat tliei'e is fLirtl)ei' iiit"oi'iiiatioii Iieeiled foi. a i)roper iiiiderslaiidii)g ol. Il)c accoiiiils to be reaclied,
I nilei)eii(Iciit exaniinei s stttteiiient
I liave coiiii)leted Iny exaiiiiiiatioii aiid liave iio coiiceriis iii I'espect of Ilie iiiallers ( l ) to (4) lisled above aiid,
ii) coiiiiectioi) Ivitli followiiig tlie Directioiis of tlie Cliarily Coiiiiiiissioi) foi. Nortlicrii Ii'elaiid, I have foiiiid iio
iiialters Illal reqiiire draiviiigi to yoiir atleiilioii.
Billy
Lyiiii, Drake & Co l.td
Cliai'lered AccoLiiilaiits
1 51 Floor
34 B-D Maiii Sireet
Moira
Co. AriT]agli
BT67 OLE
26 April 2024

Tar Isteach Lt(I
Statenient of Financial Aelivities
I ncor )orati li
an Income an(1 Ex
ienditure Account
for the Year Eii(lecl 31 December 2023
31.12.23
1.otal
riiiids
31 12.22
Total
riiiids
Uiirestricted Restricted
fiiiids
fiiiids
Noles
INCOME AND ENDOWMENTS FROM
Doiialioi)s arid legacies
9,958
9,958
4,094
Chai'itable activities
Gi'aiils Ileceivable
209,091
209,091
251,932
Oilier trad iiig activities
3,136
3,136
4,612
Total
13,094
209,091
222,185
260,638
EXPENDITUIIE ON
Clilli'itllble Aclivities
Dii'ecl Cl)aritable expeiises
Govei'iiaiice Costs
37
2,880
209,973
210,010
2,880
240.379
2,347
Tol#l
2,917
209,973
212,890
242,726
NET INCOMEI(EXI>ENI)ITURF.)
10,177
{882)
9,295
17,912
RECONCILIATION OF FUNDS
I'olal l iiiids broiigTlIt loi'ward
55,747
96,355
IS2,102
134,190
TOTAL FUNDS CAIIRIFD FORWAIID
65,924
95,473
161,397
152,102
Tlie iiotes forin part of these fiiiaiicial staleimeiils

Tar Isteach Ltcl
Statement of Financial Position
31 Decen)bci" 2023
31.12.23
31.12.22
Notes
FIXED ASSETS
Taiigible assets
980
1,470
CURRENT ASSETS
Debioi's
Casli al baiik
33,872
129.258
7,709
145,359
163,130
153,068
CREDITORS
Aiiiouiils fall iiig diie witliiii oiie year
10
(2,713)
(2,436)
NF.T CURRENT ASSETS
160,417
150,632
TOTAL ASSETS LESS CURRENT
LIAJIILITIEI S
161,397
152,102
NET ASSETS
161,397
152,102
FUNDS
Uiireslricled fLiiids
Reslricled fiiiids
12
65,924
95,473
55,747
96,355
TOTAL FUNI)S
161,397
152,102
Tlie cliaritable coiiipaiiy is eiilitled lo exeiiiplioii froin audit iiiider Sectioii 477 of ilie Coiiii)aiiies Act 2006
for tlle year etided 31 Deceiiiber 2023.
Tlie iiieiiibei's Iiave iiot I'Lqii li'ed tlic coiiii)cllly to obtaiii ali aiid it of ils fiiiaiic ial slateiiieiils foi. tlie year elided
31 Decciiibei- 2023 iii accordaiice witli Seclioii 476 of tlie Coiiipaiiies Act 2006.
Tlie Iriislees ackiiowledge tlieir res1)oiisibililies foi.
(a)
eiisiiriiig tliat Ilie charitable coiiipaiiy keeiis accoiiiitiiig records Iliat coiiiply ivitli Seclioiis 3 86 aiid 3 87
of ilic Coiiipaii ies Act 2006 aiid
(b) prei)ai'iiig fiiiaiicial stateiiieiils ivliicli giive a IrLlC aiid fair vieiv of Ilie stq¢ tc of affciirs of tlie cliai'itable
coiiipaiiy as at tlie eiid of eacli fiiiaiicial year aiid of ils Slirpliis or deficit foi. eL1clI fiiiaiicial ye<ir iii
a¢LOI'daiiLe ivilli Ilie reqiiii'eiiiciits of. Seclioiis 394 aiid 395 aiid wliicli otliei-wise coiiiply ivitli tlie
reqiiireiiieiils ot" tlie Coini)aiiies Act 2006 I'elaliiig to fiiiaiicial stateiiieiits, so far as appl icable to ilie
cliaritable coinpaiiy.
Tlie iiotes foriii pai'l of tliese fiiiancial staletnenls
10
coiItillLlCd.

Tar Isteach Ltil
Stlltement of Financial Position - continued
31 Deccnibei" 2023
Tl)ese fiiiaiicial stateinei)Is liave been pi'epared iii accordance ivitli the pi'ovisioiis applicable to cliaritable
coinpaiiies SLibject to tlie siiial I coiiipaiiies regiiiie.
Tlie fiiiancial stateineiit5 were approved by tlie Board of Trustees aiid aiilliorised for issiie 011 26 April 2024
aiid were s igiied 011 its belialf by..
R Mccalliiiii Ti'iistee
J O'Hagai) Triistee
Tlie iiotes forin part of ihese finaiicial statements

Tar IsteHch Ltil
Notes to tlie Financial Stalemenls
for tlie Ye#1" Eiide(131 Deeeiiiber 2023
ACCOUNTINC POLICIES
Basis of i)rcpqi'ing the fiiiqncial statemeiits
(a} Genei'411 infoi'iii#tion aii(I basis of prcparation
Tar Isteacli is coiistilLlted as a coiiipaiiy liinited by gliai'aiiiee iiicorpoi'aled iii Nortlierii Irelaiid
(N1047243). Iii tlie eveiit of tlie cliarity beiiig woiild up, tl)e liability iii respecl of tlie giiaraiitee is
l iiii ited lo £ I pei. iiieiiiber of tlie cliarily.
Tlie cliarity coiislitutes a piiblic benetit eiitity as defined by FRS 102. Tlie fiiiaiicial slateiiiei)ts liave
beeii i)rei)ar¢d iii accordaiice ivitli Accoiiiiliiig aiid Reiioi'tiiig by Cliai'ilies.. Slllteiiieiit of
Recoiniiieiided Pi'actice appl icable to cliarities prepariiig tlieir accoiiiils iii accordaiice iviili tlie
riiiaiicial Reportiiig Staiidard applicable iii Ilie U K aiid Repiiblic of Irelaiid {fRS 102), Ilie Fiiiaiicial
Rei)ortii)g Staiidai'd applicable iii tlie Uiiited Kiiigidoiii aiid Repiiblic of Irelaiid (FRS 102), tlie
Cliarities Act (Nortlierii Irelaiid) 2013, Ilie Coiiipaiiies Act 2006 aiid UK Geiieral ly Accepied Praclice
as it applies fi'oiii l JaiiLiai'y 2015.
Tlie fiiiaiicial slaleiiieiils are prei)ared oli a goiiig coiiceri) basis iiiider tlie li istorical cost coiiveiilioii,
Imodified lo iiicliidc certaiii iteiiis ai fair valiie. Tlie fiiiaiicial slatei)ieiits are preseiiled iii slerliiig
vli icli is tlie fLiiiclioi)al Llll'l'eiicy of tlie cl)arily.
Tlic sigiii fic<Qllt accoiiiitiiig i)olicics appl led iii tlle pi'ei)aratioii of tliese fiii4iicitil slaleiiieiits are set oiit
beloiv. "I"Iicse i)ol ic ics liavc beeii coiis isleiilly applied to al l years presciile(l iiiiless oilicrivisc staled.
(b) Fu i)(Is
Uiiresli'icled fLiiids are avail(Ible for iise al Ilie discretioii of ilie triislees iii fiirilieraiice of tlic gieiiei'al
objectives ot tlie cliai'ity aiid wliicli liave iiot beeii desigiiated for oiller PLlI'poses.
Desigi)ated fiiilds coiiiprise uiireslricted fuiids Iliat Iiave bceii sct aside by tlie Iriistees for parliciilar
piiri)(Trses. Tlie aiiii aiid iise of eaLli desigiiated fiiiid al'e set out iii tlie iiotes to Ilie fiiiaiicial stateiiieiils.
Restricted fLiiids al'e fiiiids wliicli are lo bc iised ii) accoi'dcliice willi specific I'estriclioiis iiiiposed by
doiiors or ivliicli liave beeii I'aised by tlic cliariiy foi. Iiarticiilar piirposes, Tlie cost of raisiiig aiid
adiniiiislei'iiigi SLILli f'LlI)ds al'e cl)argyed agai1is1 tlie specific fiiiid. 'fiie aiin aiid iise of eacli I'e5tricted
fiiiid al'e sel oiit iii tli¢ iiole% to Ilie fiiiaiicial slaleineiils.
riirtlier exi)laiici1ioii of tlie IialLlI'e aiid piiriiose of eacli fliiid is iiicliided iii tl)e iiotes to Ilie fiiiaiicial
slateiiieiits.
{c) Inconie recognition
All iiicoiiiiiigy I'esoiirces al'e iiicliided iii Ilie Stateiiieiit of Fiiiaiicial Activities (SOFA) wlieii tlie cliai'ity
is legal ly eiitiiled to Ilie iiicoiiie aftei. aiiy perforliiaiice coiidilioiis liave beeii Inet, Ilie aiiioiii)t cali be
IneasLlI'ed reliably, aiid it is probable tliat tlie iiicoine will be received.
12
coiitiiiiied.

Tar Isteacli Lt(I
Notes to tlie Financial Statements eontinued
ror tlie Year En(leil 31 Decenibei. 2023
ACCOUNTING POLICIF,S - contiiiued
Basis of i)i'ei)aring tlic finaiicial stateiiicnts
For doiiatioiis lo be i'ecogiiised tlie cliarity will liave beeii iiotified of tlie ainoiiiils aiid Ilie seltleiiieiit
dale iii writiiig, If tliere are coiiditioiis attached to tlie doiiatioii and Iliis reqiiires a level or
perfoi'iiiaiice befoi'e eiititleineiil cali be obiaii)ed, Ilieii iiicoiiie is delerred iiiilil Iliose coi)ditioiis are
fiilly Inet or Ilie fLilfiliiieiit of tliose coiiditioiis is wiiliiii Ilie coiitrol of tlie cliarity aiid it is i)I'obable
tliat tliey will be fLilfi Iled. Voliiiitary iiicoiiie is rece ived by way of graiits, doiialioiis ai)d gi fts aiid is
iiicliided iii fill l iii tlie Slllleineiil of Fiiiaii¢ial Activities (SOFA) wlieii receivable. Iiicoi)ie received
Iroiii col lectioiis is rccogiiised wlieii I'eceived.
Doiiated faci l ities aiid doiialed professioiial sei'vices rfire recogiiised iii iiicoine al Ilieii. fair valiie wl)eii
tl)eir ecoiioiiiic beiiefit is probable, il cali be Ineasiired reliably, aiid Ilie cliarily lias coiilrol over tlie
itein. I,'aii' valiie is detei'iiiiiied 011 tlie basis of tlie valiie of Ilie gyift to ilie Lliarily. for exaiiiple, tlie
aiiioiiiit tlie cliarily IVOLild be Nvilliiig lo pay ii) ilie open Inarket for SLicli facilities aiid services. A
coi'i'espoiidiiig aiiioiiiit is recogi)ised iii expeiidilure,
No aiiioiiiil is iiicllided iii tlie fiiiaiicial slateiiieiits for voliiiileer liiiie i li liiie vviili Ilie SORP (FRS 102).
rLirllier delai l is giveii iii the 'friistces' Aiiiiiial Rei)ort.
For legiacics, eiititlei)ieiil is Ilie earl lei. ol. tlie cliic rity beiiigy iiotified of ali iiiipeiidiiigi d islribiilioi) or Ilic
legracy beiiigi I'cceived. At tliis poiiil iiicoiiie is recogiiised. Oli occasioii legiacies ivil I be iiolified lo IliL'
clicll'ily l)oivevLI' il is i)ot possible lo Iiiec1s11re tlie ainoLiiII exi)eLled to be disti'ibiited. Oil Ili¢s¢
Ocl11 SiOI)S, tl)c leg?acy is Ii'eated as a coiilii)g)eiil asset aiid disclosed,
Ii)coiiie ti'oiii Ii'adiiigi aclivities iiic liides iiicoiiie eariied froi)I fiiiidraisiiig eveiils aiid Ircidiiig activities
to raise fiiiids t.or ilie cl)ai'ity. Iiicoiiie is received iii cxcl)aiigTe for siipplyiiig gyoods aiid services iii
order to raise fiiiids aiid is I'ecogyiiised wlieii ei)titleiiiei)t lias oc¢iii'i'ed.
Tlie cliarity receives govei'iiineiii graiits wliicli are detailed williiii tlie notes to Iliese fiiiaiicial
stalciiieiits. Iiicoine froin g?overi)Iiieiit aiid oilier grai)ts are recogiiised at tair valiie ivlieii Ilie cliarity
lias eiitiileiiieiit after aiiy perforiiiaiice coiidilioiis liave beei) iiiel, it is i)robioble tliai Ilie iiicoiiie ivil I be
I'eceived, aiid Ilie aiiioiiiit cali be Ineasiired reliably. Ir eiititleineiit is iiot i)iel, Ilieii tliese aiiioiiiils al'e
defei'red.
(D) Expeiillitiu re i'ecogiiitioii
All cxpeijditiire is accoLiiiled for oli ai) acci'iials basis iiicliisive of V A T wl)icli caiiiiol be recovered
aiid l)as beeii classified Liiider liead iiigs tliat aggi'egate all costs re lated to tlie calegvory. Expeiid ilLlI'e is
recogiii5ed wliere tliei'e is a leg2< l or coiislriictive obligatioii to ijiake payineiils lo Iliird i)arlies, il is
pi'obable tliat ilie 8etileiiiciit will be I'eqiiired, aiid Ilie aiiioiiiil of ilie obligatioii cai) be ii)easiired
I'el iably. It is catcgoi'iscd iiiider Ilie fol I0￿,11)g lieadiiigs:
Costs of raisiiig t'LlI)ds iiicliides tlie costs associated ivitli altracliiig voliiiitary iiicoiiies.
Expeiiditiii'e 011 cliaritable activities iiicliides Iliose cosls iiiciii'red by Ilie cliarily iii Ilie del ivei'y ot" ils
act ivities aiid services foi. its beiieficiai'ies. It iiicliides boili costs tliat can be allocated directly to SLICII
activities aiid Iliose costs of ali iiidii'ect iiatiii'e iiecessary to siipporl Iliein. aiid
Otlier expei)ditiire repi'eseiils tliose iteiiis iiot fal liiig iiito the categories above.
Irrecovei'able V A T is cliarged as ali expeiise agaiiist tlie activity for wliich expeiidillire arose.
13
coiitiiiiied.

Tai. Isleach Lld
Notes to the Financial Statemeiits - Continued
for the Yeql I. Fiiilc(131 Deceiiibei. 2023
ACCOUNTINC. POLICIES- coiitiiiue(I
Basis of i)i'cpai'ing the finaiieiiil statemeiits
Gi'aiits payc1blc to tliii'd pai'lies are witl)iii tlie cliaritable objectives. Wliei'e Liiicoiiditioiial grai)ts are
offei'ed, tliis is accrLied as sooii as tlie recipiciil is iiotified of Ilie graiit, as tliis gives rise to a
reasoiiable expectatioii tliat tlie recipieiit wil I I'eceive Ilie graiits. Whei'e graiils are conditioiial relaliiig
to perfoi'inance tliei) ille graiit is oiily accriied wlieii aiiy uiifiilfilled coiidilioiis are oiitside of tlie
coiitrol of the cliarily.
(e) Supi)ort costs allocation
Support cosls are tl)ose Iliat assist tlie work of tlie cliarity bul do iiot directly repi'eseiil cliarilable
activities aiid iiicliide office cosls, goveriiaiice costs, adiiiiiiislrative payroll costs. They are iiicurred
direcily iii siipport of expeiiditiire 011 tlie objects of tlie cliarity and iiicliide project Iiiai)ageiiieiit
cai'i'ied OLIt al Herfidqiirfll'lei's. Wliere siipport costs caiiiiot be d irectly attribiited lo i)ai'ticii lar lieadiiigs
tliey liave beeii allocated to cost of raisiiig fiiiids niid expeiidiliire oli cliarilable aclivitics ori a l)asiS
coiisisteiil ¥Yitli iise ot" tlie I'esoLlI'ces. Prei)i ises overl)eads liave becii nl locale(l ori ai) iii.sert dela i I bilsis
ai)d otlier ovei'lieads liave beeli al located oli a basis coiisisteiit ivitli Ilie Lise of I'esoiirces.
Fiiiid-raisiiig costs al'e tliose iiiciirrcd in seekiiig voliiiilary coiilribulioiis and do iiol iiicliide tlie costs
of disseiii ill12tiiigv jiiforiiialioii iii siii)i)ort of tlie cliaritable activities.
(O TAiigiblc fixeil iissets
Taiigiible fixed assets are slated at cost less acciiiiiLilated dei)recialioii aiid acciiiiiii lated iini)<lirii)eiil
losses. Cost iiic Ilides Losts d irecily atlribiilable to iiiakiiig Ilie asset capable of operatiiigi as iiileiided.
Dei)rcciatioii is i)I'ovided oli all li< iigible fixed assets, at rates calciilaled lo wrilc off Ilic cost, less
cstiiiiatcd I'esidiial Vrfiliie, ol" eacli assel 011 a syst¢llli?tic basis over its expcilcd iiscliil l ifc as t"olloivs:
Fixlires & Fitliiigs - 20 % Rediic iiig Balaiice
(g) l)ebtors aii(l ereditoi"s receivable I payable williiii one year
Debtors aiid creditoi's ivitl) iio slated iiitei'esl r1[ te aiid reccivable or i)ayable witliiii oiie year al'e
reLorded al ti'aiis<qclioii pri¥e. Aiiy losses arisiiigi froin iiiipairineiit are reco&)iiised iii expeiiditiire,
(h) Inii)aii'niciit
Assels iiol iiieasiii'cd at fiiif VillLie al-e I'evieived for aiiy iiidicalioii IliHt tlie asset iiiay be iiiipaii'ed at
eacl) balaiice slieet date. I f siicli iiidicalioii exists, Ilie I'ecoverable aiiioiiiil of tlic asset. or tlie assel's
casli gciicratiiig iiii it, is estiinated aiid coiiiparcd to tlie carryiiig ill)lOllllt. Wlici'e tlie ¢1( I'ryiiig ainoiiiil
excecds its rccovei'able aiiioiiiit, ali iiiipaii'ineilt loss is recogyiiised iii profil or loss Iiiiless Ilie asset is
carried at a revaliied aiiioiiiit wliere ihe iiiipairiiieiil loss is a revaliiatioii decrease.
(i) Provisions
Provi5ioiis are recogiiised wliei) tlie cliilril), lias ali obligatioii al Ilie balaiice slieet date as a resiilt of a
past eveiit, it is probable tliat ali OLilfloiv of. ecoiioiiiic beiiefits ivi11 be I'eqiiii'ed in settleineiil aiid Ilie
aiiioiiiit cali be I'eliably estiiiiated.
14
coiiliiiiied,

Tdl" Isteach Lt(I
Notes to the Financial Statements - eontiiiued
foi. the Year F.iideil 31 Decenil)eJ' 2023
ACCOUNTING POLICIES - coiitinued
Basis of prei)1gring tlie finaiicial statciiients
(i) Leases
Assets acqiiired iiiider fiiiaiice leases are capitalised and depreciated over tlie sliorler of ilie lease tei'in
ai)d tlie expecled iisefiil life of Ilie asset. Miniiniiin lease payineiits are api)orlioiied beliveeii tlie
fii)aiice cliarge aiid tlie I'ediictioii of tlie OLilstaiidiiig lease liability iisiiiby il)e effcctive iiitei'esl iiietliod.
Tlie related obligatioiis, iiet of tiitui'e fiiiaiice cliarges, are iiicllided iii creditors.
Reiitals payable alid I'eceivable iiiider operatiiig leases are cliarged to tlie SOFA oli a straiglit liiie basis
over tlie pei'iod ot" tlie lease.
(k) Tax
No pi'ovisioii is rcqLiired foi. taxatl011 cls tlie coinpaiiy is defii)ed as a cliarily for taxatioii piirposes.
I'he cliai'ity is a I'egTristered cl)arily aiid so siicli is eiiliiled lo certaiii lax exeiiiptioiis oli iiicoiiie rfiiid
profils froiii iiivesliiieiits aiid siiri)liises 011 aiiy tradiiigi aclivilies cari'ied oli iii fiirtlieraiiie of tlie
¢liarily's pi'iiiiary objectives, it. tllese profils aiid siirpliises are appl led solely tor cllaritable piirposes.
(l) Going coiicern
Tlie tiiiaiicial stateiiieiits liave becii i)repai'ed on a gyoiiigy coiicerii basis as tlie Irii.qlees bel ieve Ilial iio
Iiialeriiil Iiiicii'laiiilies exist. Tlie IriistL'cs li<ive coiisiclLI'Ld Il)c Icvcl of liii)ds licld c111(I Ilic expecled
level of iiicoiiie aiid e.xi)eiid ilLlI'e for 12 iiioiiilis Iroiii aliiliorisiiig tliese fiiiaiicial staleiiieiits. Tlie
biidgJeled ii)coiiie aiid e.xpeiidilLire are siiffic ieiil ivilli Ilie level of reserves for tlie cliai'ity to be able lo
coi)lii)iie as a goii)gi coi)cerii.
(In) Ju(Igcments estiinates
Tlie followiii& j Lidgciiieiits iiicliid ii)g Iliose iiivolviiig esliinates that liave beeii iiiade iii Ilie i)rocess or
api)lyiiig tl)e above accoiiiitiiig policies tliat liave liad tlie i)iost sigyiiificaiil el'fect 011 tlie aiiioiiiils
recogii i5ed iii Il)e tlllc211cial slateiiieiits aiid il)at Iillve a sigbi)i ficaiil risk of caiisiiigy a i)ialeria l adjiistiiieiil
to tlie carryiiig il Illollllts of assets aiid l iabil ities with iii tlie iiext fiiiaiic ial year,.
(i) deprecialioii iiietliod aiid asset useful lives
Tlie estiinales aiid assiiiiiptioiis are reviewed oli ali oiigyoiiig basis coiisideriiig Ilie Clirreiit aiid futiire
iiiarket coiidilioiis.
Taxation
Tlie iliarity is a i'egistered cliarity aiid so siicli is ei)litled to certaiii tax exeiiipiioiis oli iiicoiiie aiid
protits froiii iiivestiiieiits aiid siii'pliises oli aiiy tradiiig aclivilies carried oil iii fiii'lliei'aiice ot" Ilie
cliai'ity's pi'iiiiary objectives, if tliese profits aiid siirpllises are ai)plied solely foi. cliai'ilable PLifp05es.
Fuiid accounting
Tlie coiiipaiiy lias varioiis types of fiiiids for ivliicli it is respoiisible, aiid wliicli reqiiire sei)arate
disclosiire. A defiiiitioii of tlie varioiis types of fLiiid5 is as fol Ioiv5:
(i) Restricted fuiids
Fiiiids received ivliicli are eariiiarked by tlie doiior for specific purposes. SLiclI piirposes are wiiliiii tlie
overall aiins of tlie coinpai)y.
coiiliniied...

Tar Isteacli Lt(I
Notes to the Financial Stateinents - continued
foi. 11)e Year Eii(leil 31 Deceiiibei. 2023
ACCOUNTING POLICIES - conlinued
Fui)d accounting
(li) Uiirestricted fLiiids
Fiiiids ivliicli are expeiidable at Ilie discretioii of tlie d irectors ivliicl) l)av¢ beer) desigi)atecl for specific
l)Lirposes iii f iii'tliei-ai)ce of tlie objects of ihe cliarily.
DONATIONS AND LEGACIES
31.12.23
31.12.22
Doiiatioiis
Fuiid Raisiiig Eveiils
4.548
5,410
1,294
2,800
9,958
4,094
OTHEI R TRADING ACTIVITIF.S
31 12.23
31.12.22
Uiiisoii
GIVL As YOLI l.ive
AiiiilLOlI Siiii les
3,100
16
20
4,550
50
12
3,136
4,612
INCOME FROM CFIARITABLE ACTIVITIES
31.12.23
31.12.22
Activity
Graiils Receivable
Gr¢21)Is
209,091
251,932
Gratits received, iiicliidcd iii tlie above, are as fol lows..
31 12.23
31.12.22
Bel t.ast C ity Coiiiic il - Reveiiiie
Neiviiig7toii Holis ii)g
Noi'ilieri) Irelaii(l Hoiisiiig Execiilive
Viiie - Norili Belfcist Ai'ea Pai'liiersliip
TLO Coiiii)ILiiiII les iii Ti'aiisilioii
TLO Ceiilral Good Relatioiis
21,327
10,350
9,600
22,791
119,926
25,097
24,611
6,300
12,000
29,083
133,186
46,752
209,091
2SI,932
16
coiiliiiiied.

Txr Isteach Ltil
Notes to the Financial Statements - eontiiiued
for the Ye'ir l< nde(131 Deceiiiber 2023
NET INCOMEI(EXPENDITURE)
Net iiicoiiie/(exp¢iid itiire) is stated after cliargiii&¥/(creditiiig)'.
31.12.23
31.12.22
Accoiiiitaiicy fees
Depreciatioii owiied assets
2,280
490
1,847
490
TRUSTEEI S, REMUNERATION AND IIENEFITS
Tliere were iio trLlStees' reiiiiiiiei'atioii or oilier beiiefits foi. Ilie year elided 31 Deceimber 2023 iior for
tl)e year elided 31 Deceiiiber 2022.
Ti'uslees, expenses
Tliei'e were iio triislees, expeiises paid for tlie year elided 31 Deceinber 2023 iior for tlie year elided
31 Deceiiiber 2022.
STAFF CO.(iTS
31.12.23
31.12.22
Wag?es aiid salai'ies
Social seciirily costs
Oilier peiisioii costs
140,856
8,856
1,470
149,832
10,336
151 182
160,168
Tlie avei'aL7e iiioliili ly iiiiiiiber of eiiiployees diiriiigy tlie year was as follows..
31.12.23
31.12.22
Maiiag7eiiieiil & Adiii iii istratioii
No eiiii)loyees received einoliiineiils iii excess of £60,000.
coiitiiiiied.

Ta r Isteach Lt(I
Notes to the Financial Statements - coiilinue(I
for tlie Ye'ir En(leil 31 December 2023
TANGIBLE FIXED ASSETS
Fixtures
aiid
filtiiigs
COST
At l Jai)Iiary 2023 aiid
31 Deceinber 2023
46,663
DEI)RF.CIATION
At l Jaiiliary 2023
Cl)arge for yeai.
45,193
490
Ai 31 Deceiiiber 2023
45,683
NET BOOK VALUF.
Al 31 Decciiiber 2023
980
Al 31 Deceiiibei. 2022
1,470
DIB'foiis: AMQUN'fs FALLING DUE WITHIN ONE YEAR
31.12.23
31.12.22
TEO Coii)Iiiiii)ities iii Transitioi)
Viiie - Norili Bel t'ast Area
25,247
7,709
8,625
33,872
7,709
10. CIIEDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31,12.23
31.12.22
Acci'iials
2,713
2,436
ANALYSIS OF NET AS.SETS BETWEEN FUNDS
31.12.23
Total
fLiiids
31.12.22
Total
fliiids
Uiirestricted Reslricted
fiiiids
rliiids
Fi,xed as%el8
Ciirreiit assets
Curreiit l iabil ities
980
94,493
980
163,130
(2,713)
1,470
153,068
(2,436)
68,637
(2,713)
65,924
9S,473
161,397
152,102
18
coiitii)iied.

Tai. Isteach Ll(I
Notes to the Finaiicial Statements - continued
roi. the YeAI' En(Iccl J l Dcceiii bcr 2023
12. MOVEMENT IN FUNDS
Nel
i)ioveiiieiit
iii luiids
At
31112123
At 111123
Un restri¢tc(I fuii(Is
Geiieral fiiiid
55.747
10,177
65,924
Restj'icteil fuii(Is
orMDI,'M - "fEO Capital Grant
Aslitoii Bil ildiiigy Positive
Belfast C ily Coiiiic il - ReveiiLie
Newiii&iloii Holisiiig
Nortlieri) I relaiid Holisiiig Execiitive
Asliloii Peace IV
Viiie- Noi'ili E3elt"ast Area Parlnersl)ip
TEO Coiiii)iiii)il ies iii Ti'aiisilioii
TEO Ceiitri11 Good Relatioiis
1,470
1,920
7,216
4,811
20,306
16,834
16,014
22,798
4,986
(490)
980
1,920
(7,216)
5,970
(20,306)
16,834
19,251
43,921
6,597
3,237
1,611
96,355
(882)
95,473
TOTAL FUNL)S
152,102
9,295
161,397
Net iiioveiiieiil ii) t"Iiiids, iiicliided ii) Ilie above are as follows:
Incoiiiiiig
I'es0111'ces
Resoiirccs
expei)ded
Movci)ieiit
iii fLiiids
Uiirestrictc(I fuii(Is
Geiiei'al l iiiid
13,094
(2,917}
10,177
Res¢rietc(I fiiii(Is
orMDFM - 'I'LO Caiiilal Grant
Be I fiisl City Coiiiicil - Reveiiiie
Neiviiigtoii Hoiisii)g
Norllierii I relaiid HoLisiiig Execiilive
Viiie- Nortli Belt"ast Area Partiiersliii)
TEO Coiiiiiiiiiiities iii Ti'aiisitioii
TEO Ceiitral Good Relatioiis
(490)
(28,543)
(9,191)
(29,906)
(19,554)
(98,803)
(23,486)
(490)
(7,216)
21,327
10,350
9,600
22.791
119,926
25,097
(20,306)
3,237
21,123
1,611
209,091
(209,973)
(882)
TOTAL FUNDS
222,185
(212,890)
9,295
19
coiitiiiiied.

Tai. Isteach Ltd
Notes to the FinanciAI Stateiiieiits - coiitiiiue(I
for the Year Eiicled 31 Dccenibei" 2023
12.
MOVEMENT IN FUNDS - continued
Coniparatives for moveniciit in funds
Net
iiioveineiil
iii fLiiids
Al
31112122
Al 111122
Uiiresli'icte(I fuii(Is
Geiiei'al fLiiid
52,450
3,297
55,747
Restriclecl funds
OFMDFM - TEO Capital Gratit
Asliloii Bli ildii)gi Positive
Bel fiist C iiy CoLlI)Lil - Reveiiiie
Neiviiigtoii Hoiisiii
Noi'll)erii li'e l<?iid Flousiiig Executive
Aslitoii Peace IV
V iiie- Norili Belfast Area Partiiersliip
TEO Coiiiiiiiiiiities iii Traiisilioii
Be Ifast City Coiiiici I Coiiiiiiiii)ily
01)iii.8 Coiisii Iiiii
Covi(I Co Op Ii'elll 1)d
'rLO Cciilral CJOO(l Rc1<21ioiis
1,960
1,920
(490)
1,470
1 ,920
7.216
4,811
20,306
16,834
16,014
22,798
7,216
4,811
4,996
36
3,073
4,547
(1,350)
(800)
(182)
{7,242)
15,310
16,798
12,941
18,251
1,350
800
182
12,228
4,986
81,740
14,615
96,355
TOTAL FUNDS
134,190
17,912
152,102
20
coiItillLied.

Tar Istoacli Ltd
Notes to the Financial Statements - continued
for tlle Year Eiidc(131 December 2023
12.
MOVEMENT IN FUNDS - continued
Coiiipai'ative iiet iiioveineiit iii fiiiids, included iii tlie above are a5 fol loivs..
iicoiiiing
resoiirces
Resolirces
expeiided
Moveiiieiit
iii fui)ds
Unrcstricte(I funds
Geiieral fiiiid
8,706
(5,409)
3,297
Re51ricted fiin(Is
orMDI-, M - I'LO Capital Graiil
Belfast City Couiic il - Reveiiiie
Newiiigloii Hoiisiii
Noi'ilierii Ii'elai)d Hoiisiiig Execiitive
Asliloi) Peace IV
Viiie- Norili 13el fast Area Parliiersllip
TEO Coininiiii il ies iti Traiisitioii
Bel f'asl City Coiiiici I Coiiiiiiiiiiity
Coi)iiis Coiisii Iiiiig
Covid Co Op Irelaiid
I'EO Ceiitral (iood Relatioiis
(490)
(17,395)
(1,489)
(7,004)
36
(26,010)
(128,639)
(1,350)
(800)
(182)
(53,994)
(490)
7,216
4,811
4,996
36
3,073
4,547
(1,350)
(800)
(182)
(7,242)
24,611
6,300
12,000
29,083
133,186
46,752
251,932
(237,317)
14,615
TOTAL FUNDS
260,638
(242,726)
17,912
13, CONTINGENT LIABILITIES
A coiitiiigiei)t l iabil iiy exists to repay gi'aiits received slioii Id cerl(2iii coiiditioiis iiot be lil Itll led by tlie
cliai'ily
14. REI LATF.D PARTY DISCLOSURES
Tliei'e wei'e iio I'elated party traiisactioi)s for tlie yeai. elided 31 Deceiiiber 2023.
Ifj. WINDING UP
Evel'y iiieiiiber ot" Ilie Coiiiiiaiiy iiiidei'liikes to coiitriblile to tlie assets of tlie Coiiii)aiiy, iii tlie eveiit of
the saiiie bciiigi ivoiiiid lip ivlii le it is a Ineinber, or wilhiii orie year after il ceases lo be a Imeinber, foi.
payineiit of tlie debts aiid l labilities of Ilie Coiiipaiiy coiilracted before it ceases to be a iiieiiiber, ai)d ot"
tl)e costs, cliarges aiid expei)ses ot iviiidiiig LIP, aiid for tlie adjiisliiieiil of11)e riglits of tlie contribiilor's
ainoiigy Ilieiiiselves, siicli aiiioiiiil as iiiay be reqiiired iiol exceediiig oiie i)oiiiid.
21
coiitiiiiied.

Tai. IsteAcli Ltcl
Notes to the Financial Statemeiits - continued
roi. the Year li n(leil 31 Deceiiilier 2023
16. SHARE CAI)ITAL
Tlie Coiiipaiiy is Liiiiiled by Giiaraiilee aiid lias iio Sliare Capital
22

Tar Isteach Ll(1
Delaileil Statemeiit of Financial Aetivities
foi. the Yeai. r. decl 31 Deceiiibcr 2023
31.12.23
31.12.22
INCOME AND ENDOWMENTS
DonAtions a ii(I legacies
Doiiatioiis
riiiid Raisiiig Eveiits
4,548
5,410
1,294
2,800
9,958
4,094
Other trading Iictivities
Uilisoii
Give As Yoii Live
Aiiiazoii Siniles
3,100
16
20
4,550
50
12
3,136
4,612
Cliiirituble activities
Graiils
209,091
251,932
Total iiicoiiiiiig rcsoiii'ces
222,185
260,638
EXI'ENDITUIIE
Clithritllble Hctivities
Gross Salaries
Ei)11)loyers N IC
Peiisioiis
Iiisiii'aiice
LigTlIl ai)d l)eat
Telei)lioiie & I"I'
Priiiliiig, Poslagie & Stalioiiery
Sliiidries
',2iiiiiigF Coiirses aiid Worksliops
Rciit aiid Veiiiie Hire
Rei)airs aiid Maiiileiiaiice
Af'tilialioii Fees & Coiifei'eiices
Fiiiiday aiid Oiitiiigs
Dii'ect Pi'ojecl Exi)eiises
Pi'of¢ssioiial Fees
Baiik cliai'gles
Depii ot. Fi,Itiii'Ls & Filliiigs
140.856
8,856
1,470
3,418
5,014
2,478
2,046
232
149,832
10,336
3,027
6,779
2,061
2,170
13
8,400
12,000
1,520
472
6,427
19,481
16,960
12,000
1,307
591
5,649
19,554
5,660
389
490
490
210,010
240,379
Tliis page does iiot foriii parl of tlie stalutory fiiiaiicial slateiiients
23

Tar Isteach Ltd
Detaile(I Statei))ent of Fiiianeial Activities
foi. the Year Enile(131 Deceiiibei. 2023
31.12.23
31 12.22
Supi)orl costs
Governance costs
Accoiiiitai)cy fees
Iiidependeiit Exain iiiers Fees
2,280
600
,847
500
2,880
2,347
Total I'esoiii'ces expeiided
212,890
242,726
Net inconle
9,295
17,912
Tliis page does tiot forin part of the slatiitory fiiiaiic ial statei)ieiils
24