2024-12-31-accounts - Tar Isteach

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REGISTERED COMPANY NUMBER: N1047243 (Northern Ireland) REGISTERED CHARITY NUMBER: NIC100049 ort of the Trustees and UnAudited Financial Statements for the Year Ended 31 December 2024 for Tar Iyteach Lld an Limited b Guarantee Acom Lynn, Drake & Co Ltd Chartered Accountants I st Floor 34 B-D Main Street Moira Co. Armagh BT67 OLE

Tar Isteach Ltd Contents of the Financial Statements for the Year Ended 31 December 2024 Page Reference and Administrative Details Report of Ihe Trustees Independent Examiner's Report Statement of Financial Activities 10 Statement of Financial Position Iyotes to the Financial Statements 13 to 22 DetAiled Statement of Financial Activities 23 to 24

Tar Isteach Ltd Reference and Administrative Details for the Year Ended 31 December 2024 TRUSTEES R Mccallum J O'Hagan COMPANY SECRETARY J Doherty REGISTERED OFFICE 244 Antrim Road Belfast Co. Antrim BT15 2AR REGISTERED COMPANY NUMBER N1047243 (Northem Ireland) REGISTFRED CHARITY NUMBER NIC100049 INDEPENDENT EXAMINER Lynn, Drake & Co Ltd Chartered Accountants I st Floor 34 B-D Main Street Moira Co. Arniagh BT67 OLE

Tar Isteaeh Ltd Re ort of the Trustees for the Year Ended 31 December 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopt¢d the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charlties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effectivc l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims The aims and objectives of Tar Isteach are to attain equality, inclusion, full citizenship and emotional well-being for Republican Ex-Prisoners and their families in North Belfast through the provision of Advice, Counselling, Emotional support, Youth Provision, Training & Educalion. However, the group is totally inclusive and is part of community development network of North Belfast working to improve social and economic conditions. No one, no matter what their background is ever turned away. It also carries out research, lobbies, and advocates on ¢quality of rights and opportunities. The principal activities ar¢ provision of quality services for all ages within communities of north Belfast which are socially and economically disadvantaged through activities that promote the publ ic benefit.. Welfare Rights/Benefits Advice Service on all aspects of welfare rights benefits, housing, debt and money managemcnl, health and disability, bereavement support and pathways lo employment advice. Counselling and Emotional Support Service, for all aspcct of menlal and emotional health and well-being. Youth Development Training, Education and Employment Guidance Good relations programmes, promoting trust, tolerance, and respect for diversity. The services cater for all those in need no matter what their community background. The groups since its inception is committed to Community development, promoting peace and conflict transformation, improving cross community working relationships, equality, and social justice for all. ORGANISATIONAL OBJECTIVES The Group is established for the advancement of education, the relief of poverty, the relief of unemployment and to promote the protection and preservation of health among ex-prisoncrs and their families in North Belfast and its environs and in particular: To provide counselling, emotional support, training and education for ex-prisoners and their families, and practical support to such families which are in need as result of their economic or social circumstances. To organise recreational, educational and other leisure-time activities in the intercsts of social welfare for the ex-prisoners and their fami lies, - To provide information, training and practical support to charitable ex-prisoners, community groups in the area of benefit in an effort to increase their effectivcncss and efficiency.

Tar Isteach Ltd ort of the Trustees for the Year Ended 31 December 2024 OKJECTIVES AND ACTIVITIES Public benefit The trustees believe that the organisation provides a public benefit through its efforts to attain equality, inclusion, full citizenship and emotional well-being for Republican Ex-Prisoners and their families. The group is also totally inclusive in promoting community development and improving social economic conditions. The trustees are fully aware of the guidelines from the Charity Commission for Northern Ireland to comply with the Charities Act (Nl) 2008. They have complied with their duty undcr section 4(6) of the Charities Act (Northern Ireland) 2008 to have regard to the Charity Commission for Northern Ireland's guidance on public benefit and that the public benefit requirement has infornied the activities of the charitable company in the year ending 31 December 2024.

Tar Isteach Ltd ort of the Trustees for the Year Ended 31 December 2024 ACHIEVEMENT AND PERFORMANCE Charitable activities Working in partnership with community, statutory, business and political rcpresentatives we cngage and cooperate with advice services, support services, community groups and bodies across North Belfast that are addressing need and promoting good community relations, equal opportunities and challenging discrimination. Working with local community groups and statutory bodies a series of events and activities were run out aimed at promoting good relations and reconciliation. Many thousands of people used our services or attend our events each year. Working in partnership with community, statutory, business, and political representatives we engage and cooperate with advice services, support services, community groups and bodies across North Belfast that are addressing need and promoting good comrnuntty relations, equal opportunities and challenging discrimination. Tar Isteach attempts to address needs and social exclusion by its support services, by infom]ing, by guidance, and by internal and external referrals systems linked to community networks and statutory bodies and agencies. Tar Isteach 15 a member of several partnerships providing services and organising community activities in north Belfast. Tar Isteach relies oli beneficiaries and users to support the organisation. Local people volunteer, assist and participate in our cvents. Local pcoplc volunteer in our offices, at our events and activities. Our group holds inforination sessions and give presentations and inforniation on the welfare system and welfare reforni to the local community. Hundreds of parents and children attended our community events each year and volunteer to supervise and steward. - Our AGM is well attended, W¢ provide and distribute inforniation on all aspects of benefits, training opportunities, employment, counselling, and health promotion. Our building is considered safe, welcoming, and comfortable, it services are used by people from all sections of society her¢. Young people us¢ our premises and facilities for their activities and learning. Access to the welfare system and entitlements is crucial for people struggling to Inanage. Welfare rights advice is a key element in a Inulti-facelcd and multi-agency response to poverty, social and economic deprivation. The largest proportion of advice is delivercd face-to-face but we also provide home visits and telephone advice. Our service provides the advice and support that ensures individuals and families secure the necessities, by helping them to access all benefits, secure their housing needs, ensure representation at appeals and delivering money/debt advice. Tar Isteach helps individuals improve their quality of life and enables them to contribut¢ to the economic infrastructure within iheir communities. Many of our clients are of advanced age and lived throughout the conflict. Therefore, ageing, disability, health and w¢ll-b¢ing, trauma and transgenerational trauma arc also descriptors for the impact of conflict in people's lives. Many of those who come to Tar Isteach for assistance fall into these categories. In 2024 our advice service seen in excess of 2000 people and dealt with more than 8000 queries. Almost £2 million was secured in benefits and entitlements for clients. The majority of ils clienls are in poor physical or mental health, disabled, afflicted by the conflict, carers, the elderly, people struggling to cope financially.

Tar Isteach Ltd ort of the Trustees for the Year Ended 31 December 2024 Tar Isteach is a community-based organisation that provides family support services and assistance in response to issues of povcrty, disadvantage, ill health, cxclusion, and isolation. This includes Welfare Rights/Benefits Advice, Counselling and Emotional Support, youth support, and support into trainin education. and employment. The group is committed to community development, promoting peace and conflict transfornlation, improving cross community working relationships, equality, inclusion, and social justice for all. It advocates, lobbi¢s and campaigns on issues of equality and inclusion for political ex-prisoners and their families, including legacy issues of intergenerational discriminations. As members of the cross community North Belfast Advice Partnership, we have access to specialist advice via the Belfast City Wide Tribunal Service. The NBAP is playing a lead role in maintaining and updating of the advice services of each of its members. By modernising and innovating we intend to ensure the services offered to the public is accessible, efficient, effective, and relevant in 2024 and beyond. Counselling and Emotional Support Service Counselling and emotional support also remains as a very important element in redressing the impact of the conflict and issues such as trauma, loss, relationship difficulties, maladaptive behaviours- issues that disable and prevent full social and economic participation and integration. The increase in demand is being met by face to face, phone, and video. The service has maintained its network of referral pathways and working partnerships with all relevant health, statutory and community support services across north Belfast and beyond. Promoting Individual & Community Development Promoting Peace & Conflict Transfonnation, Improving Cross Community Working Relationships, Advocating for Equality and Social Justice for all. We continued to provide Good Relations Programmes, workshops, and conferences throughout the year. People of all ages and backgrounds participated in a series of workshops, confercnces, training courses, and educational courses. These activities are made possible due to th¢ support of our sponsors, the local community, our volunteers, and our partnerships with like-minded organisation such as, Coiste na -Iarchimi, Ashton Community Trust, the Greater New Lodge Community Empowernient Partnership, Tar Anall Training and Employment, EPIC, Tra Gra, the Housing Executive, the North Belfast Interface Nclwork, the North Belfast Christian Fellowship, The Executive Office, Newington Housing Association, Copius Consulting, and Time Associates FINANCIAL REVIEW Financial position The company had net outgoing resources for the year of £22,531 (2023: net incoming resources of £9,295), which reflected the completion of a number of projects during the year. Unrestricted funds decreased by £41,421, while restricted funds increased by £18,890. Reserves policy The Charity's Policy is to retain a level of reserves, which matches the needs of the organisation both at the current time and in the foreseeable future. The charity has devclopcd a plan to establish and maintain this agreed level of reserves. The charity will continue to monitor compliance with this policy on a regular basis and the Board will review the appropriateness of the policy annually.

Tar Isteach Ltd ort of the Trustees for the Year Ended 31 December 2024 FUTURE PLANS The Tar Isteach strategic Plan is intended to provid¢ the organisation with future direction over the next 3-year period from 2024. Our slrategic goals will detemiine the services, programmes, and projects we deliver. Our outcome-based approach in our work will provide a basis by which we can judge our success in our delivery. Each aim is supported by a series of outcomes which specifies the changes we want to see, the difference we want to make. It sets out our goals and how we will achieve them. These Strategic Aims will be achieved through operational objectives. Overall, our strategy is underpinned by our Mission and Values which drives all that we do. The core areas of our work are defined as: Individual and Family Support Services Cornmunity Development Promoting Equality of Rights for All Promoting Peace and Rcconciliation Organisational Dcvclopment Therefore, the strategic aim5 of Tar Isteach reflect these areas as follows.. Strategic Aim I To achieve the vison of equality and full citizenship rights for everyone. Strategic Aim 2 To provide high quality and accessible support services for all. Strategic Aim 3 To provide opportunities for people of all ages to engage in personal and social development activities and to leave a legacy for the community. Strategic Aim 4 To provide opportunities for people of all ages and backgrounds to participate in activities that promote good relations and reconciliation in safe and comfortable shared spaces. Strategic Aim 5 To be a 'fit for purpose, organisation that strives to continually develop and deliver high quality service provision. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Thc charity is controlled by its governing document, a deed of trust, and constitutes a limited company, IRmitcd by guarantee, as defined by the Companies Act 2006. Recruitment and appointment of new trustees Thc method used to recruit new trustees onto the board is that of the board networking through their own contacts, to find someone who fits the necessary requirement at the time.

Tar Isteach Ltd ort of the Trustees for the Year Ended 31 December 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Charitable Stalus and Registration Tar Isteach was registered with the Charity Commission for Northern Ireland on 2nd April 2014. Its Charity number is NIC 100049. Risk management The principles of good governance are embedded within all aspects of Tar Isteach's operattons with managernent and staff being keenly aware of the Boards responsibility of ensuring that the organisation protects itself from financial exposure and reputational damage, A close working relationship is maintained between the Board and management to ensure that operationally staff are aware of the standards required of them by the Board and the Board are always in a position to provide guidance and support to management in the discharge of their duties. This two-way relationship is the key feature of Tar Isteach governance arrangements and is a key strength in the company. A conscientious approach to ensuring that contractual project requirements are achieved has been maintained at all tirnes both in the accounting period being reported on and since Tar Isteach establishment. Very tight financial controls on expenditure and all financial commitments are maintained at all times and project staff have been trained and have become experienced in budgetary controls. In both these areas ie Project delivery and financial controls management all staff have established close working relationships with funding organisalions to ¢nsure all mandatory standards are consistently achieved. Board representatives also actively engage with funding bodies. The Board, management and staff are fully aware that the nature of the work in which Tar Isteach is involved can bring with it a high level of scrutiny to ensur¢ that all activities are fully compliant with funding requirements and, therefore, beyond reproach. 'fhe Board of 'l'ar Isteach is, therefore, greatly rea8sured of the company's compliance with the highest of standards of governance on the basi,8 that all monitoring and evaluation of project delivery demonstrates achievement of all funders objectives and that funders, audits and vouching of financial expenditure aiid the independent examiners rcport confinn compliance wilh both probity and regularity in the use of monies received. STATEMENT OF TRUSTEES, RESPONSJBILITIES I'he trustees (who are also the directors of Tar Isteach Ltd for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statcments in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounling Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicablc in the UK and Republic of Ireland" 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 application of resources, including the income and expenditure, of the charitablc company for that period. In preparing thosc financial statements, the trustees are required to select suitable accounting policies and then apply them consistently. observe thc methods and principles in the Charity SORP. make judgements and estimates that are reasonablc and prudent. prepare the financial statements on the going concern basis unless il is inappropriate to presume that the charitable company will continue in business.

Tar Isteach Ltd ort of the Trustees for the Year Ended 31 December 2024 STATEMENT OF TRUSTEES, RESPONSIBILITIES- continued Thc trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with 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. This report has been prepared in accordance with the sp¢cial provisions of Part IS of the Companies Act 2006 relating to small companies. Approved by order of the board of trustees on 29 April 2025 and signed on its behalf by: J Doherty - Secretary

Independent Examiner's Report to the Trustees of Tar Isteach Ltd

I report on the accounts of the company for the year ended 31 December 2024, which are set out on pages ten to twenty two.

Respective responsibilities of charity trustees and examiner

As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

examine the accounts under Section 65 of the Charities Act

follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act state whether particular matters have come to my attention.

Basis of the independent examiner's report

I have examined your charity accounts as required under Section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.

My role is to state whether any material matters have come to my attention giving me cause to believe:

That accounting records were not kept in accordance with Section 3 86 of the Companies Act 2006
That the accounts do not accord with those accounting records
That the accounts do not comply with the accounting requirements of Section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
That there is further information needed for a proper understanding of the accounts to be reached.

Independent examiner's statement

I have completed my examination and have no concerns in respect of the matters ( 1) to ( 4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.

Lynn, Drake & Co Ltd Chartered Accountants 1st Floor 34 B-D Main Street Moira Co. Armagh BT67 OLE

29 April 2025

Tar Isteach Ltd

Statement of Financial Activities {Incor(!oratin2 an Income and Ex(!enditure Account} for the Year Ended 31 December 2024

Unrestricted fnds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 7,638 Charitable activities 4 Grants Receivable Other trading activities 3 2,900 Total 10,538 EXENDITURE ON Charitable activities Direct Charitable expenses 48,925 Goverance Costs 3,034 Total 51,959 NET INCOME/(EXENDITURE) (41,421) RECONCILIATION OF FUNDS Total fnds brought frward 65,924 TOTAL FUNDS CARRIED FORWARD 24,503	Restricted fnds £ 186,345 186,345 167,455 167,455 18,890 95,473 114,363	31.12.24 31.12.23 Total Total fnds fnds £ £ 7,638 9,958 186,345 209,091 2,900 3,136 196,883 222,185 216,380 210,010 3,034 2,880 219,414 212,890 (22,531) 9,295 161,397 152,102 138,866 161,397

The notes fonn part of these financial statements

Tar Isteach Ltd Statement of Financial Position 31 December 2024 31.12.24 31.12.23 Notes FIXED ASSETS Tangible assets 490 980 CURRENT ASSETS Debtors Cash at bank 33,872 129,258 141,271 141,271 163.130 CREDITORS Amounts falling due within one year 10 (2,895) (2,713) NET CURRENT ASSETS 138,376 160,417 TOTAL ASSETS LESS CURRENT LIABILITIES 138,866 161,397 NET ASSETS 138,866 161,397 FIJNDS Unrestricted funds Restricted funds 12 24,503 114,363 65,924 95,473 TOTAL FUNDS 138,866 161,397 Th¢ charitable company is entitled to exemption from audit under Seclion 477 of the Companies Act 2006 for th¢ year ended 31 December 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each 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 charitable company. The notes form part of these financial statements continued...

Tar Isteach Ltd Statement of Financial Position - continued 31 December 2024 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 29 April 2025 and were signed on its behalf by: R Mccallum - Trustee J O'Hagan - Trustee Thc notes forni part of these financial slatements 12

Tar Isteach Ltd Notes to the Financial Statements for the Year Ended 31 December 2024 ACCOUNTING POLICIES Basis of preparing the financial statements (¥d) General information and basis of preparation Tar Isteach is constituted as a company limited by guarantee incorporated in Northern Ireland (N1047243). In the event of the charity being would up, the liability in respect of the guarantee is limited to £1 per member ofthe charity. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act (Northern Ireland) 2013, the Companies Act 2006 and UK Generally Accepted Practice as it applies from l January 2015. The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity. The significant accounting policies applied in the preparation of these financial statements arc set out below. These policies have been consistently applied to all years presented unless oth¢rwisc stated. (b) Funds Unrestricted funds are available for use at th¢ dis¢retion of the trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the truslees for particular purposes. The aim and use of each designated fund are set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance wilh specific restrictions imposed by donors or which havc been raised by the charity for particular purposes, The cost of raising and administering such funds are charged against the specific fund. The aim and use of cach restricted fund are set out in the notes to the financial statements. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. (e) Income recognition All incoming resources are included in the Statemcnt of Financial Activities (SOFA) when the charity is legally cntitled to the income after any perforniance conditions have been met, the amount can be measured reliably, and it is probable that the incomc will be received. 13 continucd...

Tar Isteach Ltd Notes to the Financial Statements - continued for the Year Ended 31 December 2024 ACCOUNTING POLICIES- continued Basis of preparing the financial statements For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained, then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled. Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities (SOFA) when receivable. Income received from col lections is recognised when received. Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably, and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example, the amount the charity would bc willing to pay in the open market for such facilitics and s¢rvices. A corresponding amount is recognised in expenditure, No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees, Annual Report. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being reccived. At this point income is rccognised. On occasion Icbiacies will be notified to the charity however it is not possible to measure the amount exp¢cted to be distributed, On these occasions, the legacy is treated as a contingent asset and disclosed. Income from trading activities includes income earned from fundraising events and trading activities to raie funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred. The charity receives government grants which are detailed within the notes to these financial statements. Income from government and other grants are recognised at fair value whei) the charity has entitlement after any perfonnance conditions have been met, it is probable that the income will be received, and the amount can b¢ measured reliably. If entitlement is not mel, then these amounts are d¢ferred. (D) Expenditiure reeognition All expenditure is accounted for on an accruals basis inclusive of VAT which cannot be recovered and has been classified under headings that aggregate all cost5 r¢lated to the category. Expenditure is recogiiised where there is a legal or constructive obligation to make payments to tliird parties, it is probable that the settlement will bc required, and the amount of the obligation can bc measured reliably. It is categorised under the following headings: Costs of raising funds includes the costs associated with attracting voluntary incomes. Expenditure on charitable activities includes those costs incurred by the charity in the delivery of its activities and servtces for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature ncccssary to support them. and Other expenditure represents those items not fal ling into the categories above. Irrecoverable V AT is charged as an cxpense against the activity for which expenditure arose. 14 continued...

Tar Isteach Ltd Notes to the Financial Statements - continued for the Year Ended 31 December 2024 ACCOUNTING POLICIES- continued Basis of preparing the financial statements Grants payable to third parties are within the charitable objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is notified of the grant, as this gives rise to a rcasonable expectation that the recipient will receive the grants. Where grants are conditional relating to perforniance then the grant is only accrued when any unfulfilled conditions are outside of the control of the charity. (e) Support costs allocation Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs. governance costs, administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources. Premises overheads have been allocated on an insert detail basis and other overheads have been allocated on a basis consistent with the use of resources. Fund-raising costs arc those incurred in seeking voluntary contributions and do not include the costs of disseminating infom]ation in support of the charitable activities. (fj Tangible fixed assets Tangible fixed assets are stated at cost less accumulated depreciation and accumulatcd impairn]ent losses. Cost includes costs directly attributable to making the assel capable of operating as intended, Depreciation is provided on all tangible fixed asscts, at rates calculatcd to writc off the cost, less estimated residual value, of each asset on a systcmatic basis over its expL'cted useful life as follows: Fixures & Fittings - 200/0 Reducing Balance (g) Debtors and creditors receivable I payable within one year Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arislng from impairnienl are recognised in expenditure. (h) Impairment Assets not measured at fair value are reviewed for any indication that thc ass¢t may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the a55et, or the asset's cash generating unit, is estimated and compared to the carryingy amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless th¢ asset is carried at a revalued amount where the impairment loss is a r¢valuation dccrcasc. (i) Provisions Provisions are recognised when the charity has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlcment and the amount can be reliably estimated. 15 Continued...

Tar Isteach Ltd Notes to the Financial Statements - continued for the Year Ended 31 December 2024 ACCOUNTING POLICIES- continued Basis of preparing the financial statements ti) Leases Assets acquired under finance leases are capitalised and depreciated over the shorler of the lease terni and the expected useful life of the asset, Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are inLluded in creditors. Rentals payable and receivable under operating leases are charged to the SOFA on a straight line basis over the period of the lease. (k) Tax No provision is required for taxation as the company is defined as a charity for taxation pury)oses. The charity is a registered charity and so such is entitled to certain tax exemptions on income and profits from investments and surpluses on any trading activities carried on in furtherance of the charity's primary objectives, if these profits and surpluses are applied solely for charitable purposes. (l) Going concern The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising the5c financial statements. The budgeted income and expenditure are sufflcient with the level of reserves for the charity to be able to continue as a going concern. (m) Judgements estimates The following judgements including those involving estimates that have been made in the process of applying the above accounting policies that have had the most significant effect on the amounts recognised in the financial statements and that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year: (i) depreciation method and asset useful lives The estimates and assumptions are reviewed on an ongoing basis considering the current and future markel conditions. Taxation The charity is a registered charity and so such is entitled to certain tax exemptions on income and profits from investments and surpluses on any trading activities carried on in furtherance of the charity's primary objectives, if these profits and surpluses are applied solely for charitable purposes. Fund accounting The company has various types of funds for which it is responsible, and which require separate disclosure. A definition of the various types of funds is as follows: (i) Restricted funds Funds received which are eamiarked by the donor for specific purposes. Such purposes are within the overall atms of the company. 16 ontiiiu¢d.-.

Tar Isteach Ltd Notes to the Financial Statements - continued for the Year Ended 31 December 2024 ACCOUNTING POLICIES- continued Fund accounting (li) Unrestricted funds Funds which are expendable at the discretion of the directors which have been designated for specific purposes in furtherance of the objects of the charity. DONATIONS AND LEGACIES 31.12.24 31.12.23 Donations Fund Raising Events 2,818 4,820 4,548 5,410 7,638 9,958 OTHER TRADING ACTIVITIES 31.12.24 31.12,23 Unison Give As You Live Amazon Smiles 2,900 3,100 16 20 2,900 3,136 INCOME FROM CHARITABLE ACTIVITIES 31.12.24 31.12.23 Activity Grants Receivable Grants 186,345 209,091 Grants received, included in the above, are as follows: 31.12.24 31.12.23 Belfast City Council - Revenue Newington Housing Northem Ireland Housing Executive Vine - North Bclfast Advice Partnership TEO Communities in Transition TEO Central Good Relations 19,956 21,327 10,350 9,600 22,791 119,926 25,097 9,600 23,631 112,243 20,915 186,345 209,091 17 continued...

Tar Isteach Ltd Notes to the Financial Statements - continued for the Year Ended 31 December 2024 NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): 31.12.24 31.12.23 Accountancy fees Depreciation - owned assets 2,434 490 2,280 490 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. Trustees, expenses There were no trustees, expenses paid for the year ¢nded 31 December 2024 nor for the year ended 31 December 2023. STAFF COSTS 31.12.24 31.12.23 Wages and salaries Social security costs Other pension costs 150,786 10,282 2,362 140,856 8,856 1,470 163,430 151,182 The average monthly number of employees during the year was as follows: 31.12.24 31.12.23 Management & Administration No employees received emoluments in excess of £60,000. 18 continued.

TAr Isteach Ltd Notes to the Financiiil Statements - continued for the Year Ended 31 Deeember 2024 TANGIBLE FIXED ASSETS Fixtures and fittings COST At l January 2024 and 31 December 2024 46,663 DEPRECIATION At l January 2024 Charge for year 45,683 490 At 31 December 2024 46,173 NET BOOK VALUE At 31 December 2024 490 At 31 December 2023 980 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 TEO Communities in Transition Vine - North Belfast Advice Partnership 25,247 8,625 33,872 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12,24 31.12.23 Accruals 2,895 2,713 11. ANALYSIS OF NET ASSETS BETWEEN FUNDS 31.12.24 Total funds 31.12.23 Total funds Unrestricted Reslricted funds funds Fixed assets Current assets Current liabilities 490 113,873 490 141,271 (2,895) 980 163,130 (2,713) 27,398 (2,895) 24,503 114,363 138,866 161,397 19 continued...

Tar Isteacb Ltd Notes to tbe Financial Statements - continued for the Year Ended 31 December 2024 12. MOVEMENT IN FUNDS Net movement in funds At 31112124 At 111124 Unrestricted funds General fund 65,924 (41,421) 24,503 Reslricted funds OFMDFM - TEO Capital Grant Ashton Building Positive Belfast City Council - Revenue Newington Housing Northem Ireland Housing Executive Ashton Peace IV Vine- North Belfast Advice Partnership TEO Communities in Transition TEO Central Good Relations 980 1,920 (490) 490 1,920 4,702 3,054 4,952 16,834 4,702 (2,916) 4,952 5,970 16,834 19,251 43,921 6,597 (11,910) (6,498) 31,050 7,341 37,423 37,647 95,473 18,890 114,363 TOTAL FUNDS 161,397 (22,531) 138,866 Net movement in funds, included in the above are as follows: Incoming resourcL's Resources expended Movement in funds Unrestricted funds General fund 10,538 (51,959) (41,421) Reslrieted funds OFMDFM - TEO Capital Grant Belfast City Council - Rcvcnuc Newington Housing Northern Ireland Housing Executive Vine- North Belfast Advice Partnership TEO Communities in Transition TEO Central Good Relations (490) (15,254) (2,916) (4,648) (490) 4,702 (2,916) 4,952 19,956 9,600 23,631 112,243 20,915 (35,541) (118,741) 10,135 (11,910) (6,498) 31,050 186,345 (167,455) 18,890 TOTAL FUNDS 196,883 (219,414) (22,531) 20 continued...

Tar Isteach Ltd Notes to the Finallcial Statements - continued for the Year Ended 31 December 2024 12. MOVEMENT IN FUIYDS - continued Comparatives for movement in funds Net movement in funds At 31112123 At 1/1123 Unrestricted funds General fund 55,747 10,177 65,924 Restrieted funds OFMDl*M - TEO Capital Grant Ashion Building Positive Belfast City Council - Revenue Newington Housing Northern Ireland Housing Executive Ashton Peace IV Vine- North Belfast Advice Partnership TEO Cornmunities in Transition TEO Central Good Relations 1,470 1,920 7,216 4,811 20,306 16,834 (490) 980 1,920 (7,216) 1,159 (20,306) 5.970 16,834 16,014 22,798 4,986 3,237 21,123 1,611 19,251 43,921 6,597 96,355 (882) 95,473 TOTAL FUNDS 152,102 9,295 161,397 Comparative net movement in funds, included in the above are as follows,. Incorning resources Resources expended Movement in funds Unrestricted funds General fund 13,094 (2,917) 10,177 Restricted funds OFMDFM - TEO Capital Grant Belfast City Council - Revenue Newington Housing Northern Ireland Housing Executive Vine- North Belfast Advice Partnership TEO Communities in Transition TEO Central Good Relations (490) (28,543) (9,191) (29,906) (490) (7,216) 1,159 (20,306) 21,327 10,350 9,600 22,791 119,926 25,097 (19,554) (98,803) (23,486) 3,237 21,123 1,611 209,091 (209,973) (882) TOTAL FUNDS 222,185 (212.890) 9,295 21 ontinued...

Tar Isteaeh Ltd Notes to the Financial Statements - continued for the Year Ended 31 December 2024 13. CONTINGENT LIABILITIES A contingent liability exists to repay grants received should ccrtain conditions not be fulfilled by the charity 14. RELATED PARTY DISCLOSURES There wcre no related paty transactions for the year ended 31 December 2024. 15. WINDING UP Every member of the Company undertakes to contribute to the assets of the Company, in the event of the same being wound up while it is a membcr, or within one year after it ceases to be a member, for payment of the debts and liabilities of the Company contracted before it ceases to be a member, and of the costs. charges and expenses of winding up, and for the adjustment of the rights of the contributor's among themselves, such amount as may be required not exceeding onc pound. 16. SHARE CAPITAL The Company is Limited by Guarantee and has no Share Capithl 22

Tar Isteach Ltd Detailed Statement of Financial Activities for the Year Ended 31 December 2024 31.12.24 31.12.23 INCOME AND ENDOWMENTS DonalioDS and legacies Donations Fund Raising Events 2,818 4,820 4,548 5,410 7,638 9,958 Other trading activities Unison Give As You Live Amazon Smiles 2,900 3.100 16 20 2,900 3,136 Ch&ritP4ble Activities Grants 186,345 209,091 Total incoming resources 196,883 222,185 EXPF,NDITURE Ch4rilable activilies Gross Salaries Employers NIC Pensions Insurance Light and heat Telephone & IT Printing, Postage & Stationery Sundries Training Courses and Workshops Rcnt and Venue Hire Repairs and Maintenance Affiliation Fees & Conferences Funday and Outings Direct Project Expenses Professional Fees Bank charges Dcpn of Fixtures & Fittings 150,786 10,282 2,362 3,722 5,162 1,775 4,406 140,856 8,856 1,470 3,418 5,014 2,478 2,046 232 55 12,250 389 381 12,000 1,307 591 5,649 19,554 5,660 389 490 22,983 337 490 216,380 210,010 This page does not fonn part of the statutory financial statements 23

Tar Isteach Ltd Detsiled Statement of Financial Activities for Ihe Year Ended 31 December 2024 31.12.24 31.12.23 Support costs Governance Costs Accountancy fees Independent Examiners Fees 2,434 600 2,280 600 3,034 2,880 Total resources expended 219,414 212,890 Net (expenditure)lincome (22,531) 9,295 This page does not fomi part of the statutory fiiiancial statements 24