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: 

1. That accounting records were not kept in accordance with Section 3 86 of the Companies Act 2006 

2. That the accounts do not accord with those accounting records 

3. 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 

4. 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 

9 



## **Tar Isteach Ltd** 

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

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