REGISTKRED COMPAf4Y NUMBLH: N1047243 (Northern IrclAnd)
REGISTERED CHARITY NUMBLR: r41C100049
rt of the Truste¢s *nd
Unaudited Fill*nti*l Statemtnts lor the Yewr Ended JI De¢ember 2025
for
T*r l$te*eh Lid
l.imited b . Gu*r*Dtee
Acom
Lynn. Drake & Co Lid
Chartered Accountants
1st Floor
34 B-D Main Streei
Moira
Co. Armagh
BT67 OLE

Tar Isteach Ltd
Contents of tbe Financial Statements
for tbe Ye4r Ended 31 December 2025
P•ge
Reference and Administrative Details
Report Df the Trustee5
Independent Examiner's Report
Statement of Fillaneial A¢tivhties
io
Statement of Financi41 Positioll
Note5 to the Fillallcial Statements
13 10 22
Detailed Statement of Financial Activities
23 to 24

T4T Iste•eh Ltd
Reference And Administrative Details
for the Yegr Ended 31 December 2025
TRUSTEES
R Mccallum
J O'Hagan
COMPANY SECRETARY
J Doherty
REGISTERED OFFICE
244 Antrim Road
Belfast
Co. Antrim
BT15 2AR
REGISTERED COMPANY
NUMBER
N1047243 INorthern Ireland)
REGISTERED CHARITY
NUMBER
NICI 00049
INDEPENDEwf KXAMINER Lynn. Drak¢ & Co Ltd
Chartered Accounlonts
I st Floor
34 B-D Main Sir¢¢t
Moira
Co. Armagh
BT67 OLE

Tar Istcach L¢d
ort of the Trustees
for the Year Ended J l December 2025
The trustees who are also directors of ihe ¢harity for th¢ purwses of the Companies Act 2006. present iheir
r¢wrt with the financial statements of ihe charity for thc year ended 31 tk¢ember 2025. The trustees have
adopted the provisions of Accounting and Reporting by Chariti¢s= Statement of Recommended Practice
applicable lo charities preparing their accounis in accordance with the Financial R¢porting Standard
applicable in the UK and Republic of Ireland (FRS 102) {eff¢clive l January 2019)-

T*r Iste)ieb Ltd
ort of the Trustees
ror the Ye*r Ended 31 December 2023
OBJEcfivF.S AND ACTIVITIES
Objectives *Dd gimj
The ain￿ and objeciives of Tar Istea¢h are io attain equality, inclusion. full citizenship and emotional
well-being for Republican Ex-Prison¢rs and their families in North Belfast through th¢ provision of Advice.
Counselling, Emotional support. Youth Provision. Training & Educalion.
However. the group is totslly inclusiv¢ and is part of community developmenl network of North Belfast
Working to improve social and e¢onomic conditions. No on¢. no matter what iheir ba¢k8round is evcr turned
away.
It also Carries out research. lobbies, and advocales on equality of rights and opportunities. The principal
activities are provision of quality servi¢es for all ages within communilies of north Belfast which are socially
and economically disadvantaged through activiti¢s that womot¢ the public kn¢fit:
Welfare RightslBenefits Advice Servi¢¢ on all aspects of welfare ri￿ts benefits, housing, debi and money
maTragement, h¢alth and disability, bereavemenl SUPPOrt and pathways to employment advice.
Counselling and Emolional SupFrf)rt S¢rYtce. for all aspecl of mental and emotional health and well-being.
Youth Development
Trainin& Education and Ernploymeni Guidance
Good relations programmes. promolin8 tTUSi. tolernnce. and r￿pect for diversity.
The servi¢cs ￿ter for all those in need no matter what their ¢ommunty background. The groups sin¢e its
inceplion is committed to community developmenL promoting peace and conflict tTansfomialion, improving
cross community working r¢lationships. equality. and social jusiice for all.
ORGANISATIONAL OWEcrtVES
The Group is established for the advancement of education, Ihe relief of poverty. the relief of unemployment
and to promote the protection and preservation of health among ¢x-prisoners and their families in North
Belfasl and its environs and in particular=
- To provide counsellin& emoiional support. training and education for ex-prisoners and iheir familie& and
practical support to such families which arc in need as result of their economic or social cir¢umstances.
- To organise recreational. educational and other leisure-time a¢tivilies in the interests of social welfare for
the ex-prisoners and their families.
- To provide information, traintng and practical SUPFrf)rt to charitable ex-prisoners, community groups in the
area ofbenefil in an cffort io incrcase iheir effeciivcness and efficiency.
PUBLIC BENEFIT
The truslees beli¢ve that the OTganisalion provides a public benefit through its efforts lo attain equality,
inclusion. full citizenship and emotional well-being for Republi¢an Ex-Prisoners and Ih¢ir families. The
group is also tolally inclwsive in promoting ¢ommunity development and improving social economic
conditions.
The tn15tees are fully aware of the guideline5 from the Charity Commission for Northern Ireland to comply
with the Charities Act (Nl) 2008. They havc complied wilh their duly under section 4(6} of ihe Charities A¢1
(Northern Ireland) 2008 to have regard to the Charity Commission for Northern Ireland's guidance on public
benefit and that the public benefit requiremeni has infomied th¢ activities of the charitable company in Ihe
year ending 31 De¢ember 2025.

Tir 151eacb Ltd
rt of the Trn5tees
for the Year Endtd 31 Deeember 2025
ACHIEVEMF.NTS AND PERFORMANCE
Chairit#ble *¢livitie5
Working in partn¢TShip with community, slatutory. business and ￿)lItiCal representatives w¢ engage and
coopera1¢ with advice services. 5UPPOrt services, ¢ommunily groups and tx)dies across North Belfast that are
addressing need and promoling good community relations. equal opwrtunities and challenging
dis¢riminalton. Working with local community groups and statutory tM)dies a series of cvents and activilies
were run out aim¢d at promoting good relations and reconciliation.
Many thousands of people used our servic¢s or attend our events each year. Working in partnership with
community. Statutory. business. and political representatives w¢ ¢ngag¢ and cooperal¢ with advi¢¢ servi¢es,
suprM)rt services, community groups and tN)dies across North Belfast thai are addressing nced and promoiing
good community relations, equal opw>rtunilies and challenging discrirnination.
Tar Isteach atternpts to addte&s needs and social exclusion by its supw>rt servi¢e4 by inforniin& by
guidance.
and by internal and exiernal referrals systems linked to community networks and statutory bodies and
agenci¢s.
- Tar Istea¢h is a member of several partnership5 providing services and organi5ing ¢ommunity activities ift
north Belfasl.
Tar Islcach relics on beneficiaries and users to support the organisallon.
Local people volunteer. assist and participate in our ¢v¢nls.
Local pcople volunteer in our offices. at our evenls and activities.
Our group holds infomialion sessions and give pres¢ntalions and inforniation on the welfare system and
weifarc reform to the local cotnmunily.
- Hundreds of par¢nts and children attended our community events each year and volunteer to supervise and
steward.
- Our AGM is well attend¢d.
We provide and distribute infomiation on all aspects of benefit& training opportunities, employment,
counsellin& and health promotion.
- Our building is considered safe, welcomin& and comfortable, it services arc used by people from all
sections of society here.
Young people use our premises and facilities for their aclivilie5 aThJ leamin
Access to the w¢lfare system and enliilemenls 15 crucial for ￿oPle struggling io managc. Wclfare rights
advice is a key element in a multi-faccied and multi-agency respons¢ to ]x)verty, social and economic
deprivation. The largesl prowrtion of advice is delivered 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, ensurc representation al appeals &nd
delivering moneyldebt advice. Tar Isicach helps individuals improve their quality ol life and ¢nables them to
contribute to the ¢¢onomic infrastru¢ture within their communitie5.
Many of our clienls are of advanced age and lived throughout the conflict. Therefore. agein& disability.
health and well-bein& trauma and transgcneraiional trauma are also de￿riplOrS for th¢ impact of conflici in
peoplc's lives. Many of those who Come to Tar Isl¢ach for ￿SIstance fall into Ihese categories.
In 2025 our advice service seen in excess of 2000 people and dealt with more than 8000 queries. Almost £2
rnillion was s¢¢ured in benefits and ¢ntitlements for clients. The majority of ils clients are in poor physical
or mental health, disabled, afflicied by the ¢onfli¢t, carers. the ¢lderly, peopl¢ struggling to cope financially.

T9r Iste8¢h Ltd
Re
rt of the Trusttts
ror tbe Yt4r F.nded JI December 2025
Tar Isteach is a community-based organisation that provides family support services and assistance in
response to issues of poverty, disadvaniage, ill health. cxclusion. and isolalion. This includes Welfare
RightslBenefits Advice, Counselling and Emotional Support. youth support, and 5UPPOrt into trainin&
education, and employment. The gTOUP is Committed io community development, promoting pea¢¢ and
¢onfli¢l Iransforn)alion, improving cross community working relationships, equality, inclusion, and social
justice for all.
It advo¢at¢s, lobbies and Campaigns on issues of equality and inclusion for polilical
ex-prisoners and their familics. including legacy issues of intergenerational dtscriminations.
As members of ihe cross communily North Beif&st Advice Partnership* we have access to specialist advice
via the Belfast City Wid¢ Tribunal Service. The NBAP is playing a lead rol¢ in maintaining and updating of
the advice services of each of its membcrs. By modernising and innovaiing we intend to ensu￿ the servic¢s
offered to the public is accessible. e￿iCIent. effective, and relevant in 2025 and beyond.
Couttselllng and F.motlonal Support Serylte
Counselling and emotional SUPFK)rt also re5nains as a vcry important element in redressing the impacl of the
¢onfli¢t and issues such as traum< loss. r¢lationship dI￿lculties, maladaptive behaviours- issues that disable
and prevent full social and economic participation and iniegralion. The incrcasc in demand is being m¢1 by
face to fa¢e. phone. and video. The service h&5 maintsined its network of referral pathways and working
partnerships with all relevant health. statutory and community SUp￿)rt s¢rvi¢¢s across north Belfast and
yond.
Prornoting Individual & Community DeYtlopmeDt
Promoting Peace & Conflict Transforniation.
Improving Cross Community Working Relalionships.
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 workshop5. ¢onferen¢es. trnining courses. and
educational courses. These activities are made wssible due to ihe supp)rt of our SFMinsors, the local
¢ommuniiy. our volunteers. and our partnerships with like-minded organisation such as. Coisle na
n-larchiml, Ashton Community Trust, thc Greatcr New Lodge Community F.mpow¢rment Partnership, Tar
Anall Training and Employment, EPIC, Tra Gr4 the Housing Executive. the North Bclfasl Snl¢rface
NetworK the North Belfast Christian Fellowship, The Executive Office. Newington Howsing Association.
Copius Consulting. and Time Associates
FINANCIAL REVIEW
Financigl positlOD
The company had net outgoing resources for the year of £531 (2024 nei outgoing resourc¢s of £22,531).
which reflected the completion of a T]umber of projects during the year. Unrestricted funds increased by
£24,322, whilc resiri¢led funds dccreased by £24.853.
Reserves policy
The Charity's Policy is to retain a Icvel of reserves, which matches the need5 Of the organisalion both al the
current lim¢ and in the foreseeable future. The charity has developed a plan to establish and maintain this
agreed level of reserves. The charity will continue lo monitor compliance with this policy on a regular basis
and the Board will review the appropTiatene5s of the ￿lleY annualty.

Tar l$teach Ltd
rt of the Trnstees
for ¢ht Year EDded 31 December 2025
FUTURE PLANS
The Tar Isleach strategic Plan is inlended to provide the organisalion with future direclion over the next
3-year p¢riod from 2025.
Our strategic goals will deternline the services. proErammes, 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 15 SUPPOrted by a series of outcomes which specifies the changes we want to see, the difference we
want lo make.
It sets out our goals and how we will ￿hl¢ve them. These Strategtc Aims will be achieved through
operaiional objectives. Overall, our strategy is underpinned by our Mission and Values which drives all that
we do.
Tr ¢OT¢ areas of our work are defined as..
Individual and Family Support Services
- Community Development
Promoting Equality of Rights for All
Promoting Peace and Reconciliation
- Organisaiional Lkv¢lopment
T￿refore. Ihe strategic aims of Tar Isieach reflect these areas as follows..
Sirntegic Aim I
To achieve th¢ vison of equality and full citi7£nship rights for everyone.
Strategic Aim 2
To provide high quality and accessible support serviccs for all.
Strategic Aim 3
To provide Op￿rtunItieS for p¢opl¢ of all ages lo ¢ngag¢ in person81 and s￿181 development aclivities and to
leave a legacy for the community.
Siraiegic Aim 4
To provide opportunities for peopl¢ of all ages and backgrounds to participate in activities that promote good
relations and reconciliation in safc and comfortable shared space5.
Straiegic Aim 5
To be a 'fit for purp)s¢' organisation that strives to continually develop and dcliver high quality service
provision.
STRUCTURF., GOVERNANCE AND MANAGEMENT
Governing do¢um¢llt
The charity is Controlled by its governing do¢umenL a deed of trusL and conslitute5 a limited company,
limited by guarantee, as defincd by the Companies Act 2006.
Recrnitment appointment of new tnLslees
The method used to rccruit new Iruslees onto ihe IM)ard is that of the IM)ard networking through their own
contacts. lo find someone who fits the necessary requiremcnl ai th¢ lime.

**Tar Isteach Ltd** 

**Report of the Trustees fr the Year Ended 31 December 2025** 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Charitable Status 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 operations with management 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 times 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 organisations to ensure 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 ensure that all activities are fully compliant with funding requirements and, therefore, beyond reproach. The Board of Tar Isteach is, therefore, greatly reassured of the company's compliance with the highest of standards of governance on the basis that all monitoring and evaluation of project delivery demonstrates achievement of all funders objectives and that funders' audits and vouching of financial expenditure and the independent examiners report confirm compliance with both probity and regularity in the use of monies received. 

## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** 

The 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 statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". 

Company law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). 

Under company law the trustees must not approve the financial statements unless they are satisfied that they 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 charitable company for that period. In preparing those financial statements, the trustees are required to 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP; 

- make judgements and estimates that are reasonable and prudent; 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. 

7 



Tar 1g¢each Ltd
rt of ihe Trustees
ror the Year Ended 31 December 2025
STATEMENT OF TRUSTEES, RESPONSIBILITIES- ¢onlinued
The Irustees are resw)nsible for keeping proper accounting records which disclose with reasonable accuracy
at any lim¢ the financial position of the charitable company and io ¢nable them to ensure Ihat the financial
statements comply with the Companies Act 21106. They ar¢ also r¢spon5ible for safeguarding th¢ ussets of
the charitable ¢ompany and hence for taking reasonable sieps for th¢ p￿ventIOn and delection of fraud and
other irregularities.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act
2006 relating to small companies.
Approved by order of the ix)ard of trustees on 27 April 2026 and signed on its behalf by:
J Doherty- Secrctary

Inde
Ddent Examiner's Re
Tor l$tea¢h Ltd
I report on the accounts of the company for the year ended 31 December 2025, which are set out on pages
ten to twenty two.
rt to the Trustees or
Respective responsibilities of ¢harity ¢rnstees and examioer
A5 the charity's trustees (and 8150 the directors for Ihc purposes of company law) you are responsible for the
preparntion of the accounts in accordance with the requirements of the Compani¢s Act 2006.
Having satisfied my5¢1f that Ihe charity is noi subject to audit under company law and is cligibl¢ for
independent examination. it is my reswnsibiliry to:
cxamine the accounts under Section 65 of the ChaTitie5 Act
follow the pro¢cdures laid down in the g¢n¢r21 Directions given by the Charity Commission for
Northern Ireland under S¢¢tion 65(9Xb) of ihe Charities Act
sthte whether particular matters have com¢ to my attention.
B#sis oftbe independent eUmine￿9 report
I have examined your charity accounts as required under Se¢tion 65 of the Charities Acl and my examination
was ¢arri¢d out in accordance wilh the general Directions given by ihe Charity Commission for Northern
Ireland under Scciion 65{9Xb) of the Charities Act. The examination included a review of the accounting
records kept by the charity and a comparison of th¢ ac¢ounts presented with those records. It also included
consideration of any unusual ilem5 or disclosures in the accounts. and seeking explanations from you as
charity trust¢es concerning any su¢h malt¢rs.
My role is lo state wh¢ther any material matters have come to my attention giving me cause to ￿lieVe=
That ac¢ountin8 r¢¢ords wer¢ not kepl in accordance with Section 386 of the Companies Aci 2006
That the account5 do noi accord with those accounling records
That the accounts do not ¢omply with lh¢ a¥counling requir¢m¢nts of Se¢tion 396 of the Companies
Act 2006 and with the methods and principles of the Charities Staiemenl of Recotnmended Praciice
applicable to ¢hariti¢s preparing iheir accounts in a¢cordanc¢ with the Financial Re￿rtIng Stsndard
applicable in the UK and Republic of ITeland
That there is further infomation n¢eded for a proper underslanding of the accounls to be reached.
IDdependenl examiner's st&tement
I have iomplel¢d my examination and have no concerns in respe¢t of the matters ( l ) to {4) listed above and.
in connection with following the Directions of the Charity ComTllis5ion for Northern Ireland. I havc found no
matters ihal require drawing to your attention.
Billy Drake
Lynn. Drake & Co Ltd
Chartered Accountants
1st Floor
34 B-D Main Str¢et
Moira
Co. Amiagh
BT67 OLE
27 April 2026

Tar Istexeh Lid
Stalement of FinaDcial Activiti
Incor
oratiD
¥rt lttcome and Ex
diture Af¢ount
for the Year Ended 31 De¢ember 2025
31.12.25
Total
funds
31.12.24
Toi81
funds
Unreslricled Reslri¢i¢d
funds
fund
Notes
INCOME AND ENDOWMENTS FROM
Donalions and legaGies
21,691
21.691
7.638
Charlt*ble aetlvities
Grants Receivable
210.174
210.174
186.345
Other trading activiti¢s
2.867
2,867
2.900
Total
24.558
210,174
234.732
196.883
EXPF.NDITURE ON
Ch*ritable *ctivities
Direct Charitable expenses
Governance Cosls
236
231,873
3.154
232.109
3,154
216.380
3,034
Totol
236
235,027
235.263
219.414
NET INCOMFJ(EXPENDITURE)
24.322
(24,853)
(531)
(22,531)
RECONCILIATION OF FUNDS
Total funds brought forward
24.503
114.363
138,866
161.397
TOTAL FUIYDS CARRIED FORWARD
48.825
89,510
138,335
138.866
Th¢ nol¢s forni part of these financial $th￿ments
10

Tar 15teach Ltd
Statement of Fin40¢ial Posltion
31 Deeetnber 2025
31.12.25
31.12.24
Notes
FIXF.D ASSETS
Tangible assets
490
CURRENT ASSETS
Cash at bank
141.941
141.271
CREDITORS
Amounts falling due within one year
(3.606)
(2,895)
NET CURRENT ASSETS
138,335
138,376
T()TAL ASSETS LESS CURRENT
LIABILITIES
138.335
138,866
NET ASSETS
138,335
138.866
FUNDS
Unrestricted funds
Reslricted funds
48,825
89,510
24,503
114,363
TOTAL FUNDS
138,335
138.866
The charitable company is entitled lo exemption from audit under Section 477 of lh¢ Compani¢s Aci 2006
for the year ended 31 December 2025.
The members have not required the company lo obtain an audil of its financial statements for the y¢8r ended
31 December 2025 in accordance with Section 476 of the Compani¢5 A¢t 2006.
The trustees acknowledge their responsibilities for
(a)
ensuring Ihat the charitable company keeps accounting records ihal comply with Section5 386 and 387
of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the st8* of affairs of the charilable
company as at the end of each financial year and of its surplus or deficit for ¢ach financial year in
accordance with the r¢quirem¢nts of Sections 394 and 395 and which otherwisc comply wilh the
requirements of the Companies Aci 2006 relating io financial staiem¢nts, so far as applicable to the
¢haritabl¢ Company.
The notes fom) part of these finan¢ial slatements
conlinued...

ar Isteach Lld
Stat
ment fFinancia
31 D¢¢etnber 202S
These financiai statements have been prepared in accordance with the provisions applicable to charitable
Companies subject to the small companies ryrn¢.
The financial statements were approved by the Board of Trustee5 and authorised for issue on 27 April 2026
and were signed on its behalf by:
R McCa]lum - Trustee
J (YHagan- Trustee
The notes form part of these finan¢ial statements
12

TAr Iste*¢h Ltd
Notes to the FinAncig1 Sigtements
ror the Ye*r Ended 31 December 2025
ACCOUNTING POLICIES
B49is of preparing the finAn¢ial statements
(a) Genernl information and basi$ of preparation
Tar Isteach is Constituted ￿ a company limTted by guarantee incorwrat¢d in Northern Ireland
(N1047243). In the evenl of the charity being would up. the liability in respect of the guarantee is
limited to £1 per member of the charity.
The charity constitutes a publi¢ benefit eniity a5 defined by FRS 102. The financial statemenls have
been prepared in accordance with Ac¢ounting and Reporting by Charities.. stsiement of
Recommended Practice applicable to chariiies preparing their accounts in accordance with the
Fin&ncial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102). the Financial
Rcporting Standard applicable in the United Kingdom and Republic of Irclawhd (FRS 102), the
Charilies A¢t (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 ¢onc¢rn basis under the histori¢al cost convention.
modified to include Certain items at fair value. The financial slalements are presented in sterling
which is the funclional currency of the charity.
The Significant accounting wilicies appli¢d in the preparation of th¢s¢ financial stat¢m¢nts ar¢ set out
below. These wlicies have bcen consistently applied to all year5 pre5entcd unless Otherwise slated.
{b) Funds
Unrestricted funds are available for use al the dis¢r¢tion of the Irusl¢es in furtherance of the general
objectives of the charity and which have noi becn designaied for oihcr purposes.
Designated funds COTnprise unresiricted funds ihat have been set aside by ihe trustees for particular
purposes. The aim and use of each designat¢d fund are set out in the notes to the financial ststcments.
Restricted fund5 are funds which are to b¢ used in accordance with specific restrictions imposed by
donors or which have been raised by the chariiy for particular purposes. Th¢ cost of raising and
adminislering such funds are charged against th¢ specifi¢ fund. The aim and us¢ of each restricted
fund are set out in the notes io ihe financial statements.
rurther explanation of the nature and purpose of each fund is includcd in the notes lo the financial
statements.
(e) Income rrtO8llltio
All incoming re50urccs are included in ihe Stat¢menl of Financial Activities {SoFA) whcn the ¢harily
is legally eniiiled io the income after any perforniance condilions have been met. the amounl can be
measured reltably. and il is probable that the income will be received.
13
continued...

T•r 1ste*ch Ltd
Notes to the Fillancigl Statements - Continued
for the Ye*r Ended 31 December 2025
ACCOUNTING POLICIES- eODtinued
B*sis of preparing the fin4Dcial st*tements
For donations io be r¢cognis¢d ihe charity will have been nolified of the amounts 2nd the settlement
date in writing. If there are conditions attached io the donation and this requires a level of
perforn]ance before eniiilement can be obtsined. then income is deferred until those condition5 are
fully met or the fuifilment of those ¢ondiiions is within the control of the chariry and li is probabl¢
that they will b¢ fulfilled. Voluntary income is received by way of grants, donaiions and gift5 and 15
included in full in the Statement of Financial A¢tivilies (SOFA) when rec¢ivable. In¢ome r¢c¢ived
from collections is Tecognised when received.
Donated facilities and donated professional services are recogni5ed in income at their fair value when
their economic benefit is probable, it can b¢ me￿ured reliably, and lh¢ charity control over the
item. Fair value 15 d¢lemiined on the IMSIS of the value of ihe gift lo the ¢harily. For exampl¢. th¢
atnount the charity would be willing to pay in the open market for such facilities and services. A
corresponding amount is r¢cognis¢d in expenditure.
No amount is included in the financial slatements for volunteer lime in line with Ihe SORP (FRS 102).
Further detail 15 given in the Trustees, Annual Report.
For legacies. entitlement IS the earlier of the charity being notified of an impending distribution or the
legacy b¢ing received. At this poinl in¢ome is recognised. On occasion legacies will be notified to ihe
charity however it is not ￿sSIble to measure the amounl ex[￿£ted io be distribuied. On these
occasions, the legacy is treated as a contingenl assel and di￿10$¢d.
Income from irading activities includes income earned from fundraising events and trdding activities
to rais¢ funds for the Charity. Income is received in exchange for supplying good5 and services in
order to raise funds and is reco8ni5ed when enliilement has ￿cUrred.
The charity receives government grants which arc detailed within the noles to these financial
statements. Incom¢ from governmenl and other grants are recognised at fair value when th¢ charity
has entitlement after any perfomiance ¢onditions have been meL it is probable that the income will be
re¢¢iv¢d, and Ihe amount can be measured reliably. Jf entitlement is not meL then these amounts are
deferred.
(D) Expendi¢iure re¢ognitioD
All expenditure is accounled for on an a￿rualS blsis inclusive of VAT which cannot be re¢overcd
and has been ¢I￿lfied under headings that aggregaie all costs related to the cat¢gory. Expenditurc is
recognised where ihere is a legal or constructive obligation lo make paytnents lo ihird parti¢s, it is
probable that the settlement will be required. and the amount of the obligalion can b¢ measured
rcliably. It is categorised under the following headings-.
Costs of raising funds includes the costs associated with attracling voluntary incomes.
Expenditure on charitable activities includ¢s those costs incurred by ihe charity in the delivery of its
activities and service5 for its beneficiaries. It includes tM)th costs ihat can be allo¢ated directly to such
aciivitiC5 and those cost5 of an indire¢t nalure nec¢ssary to support them; arkd
Other expenditure represents those items not falling In￿ ih¢ cai¢gories above.
Irrecoverable VAT is charged as an expense againsi the activity for which expenditure arose.
14
continued...

T*r Isteach Ltd
Notes to the Financial Statements - ¢ontinued
for the Year Ended 31 December 2025
ACCOUNTING POLICIES- continued
Bas￿ of preparlng the financigl statements
Grants payable to third parties are within the charttabl¢ objectives. Where unconditional grants are
offered, this is a¢¢rued as 500n as the recipieni is notified of the grant. as ihis gives rise to a
reasonable expectation that the recipieni will receive the grants. Where gTants are conditional r¢l&iin8
to perfomiance then the grdnt is only accrued when any unf￿lFilled conditions are outside of the
control of the charity.
{e) Support costs allocation
sUp￿rt costs are those that assist the work of the ¢h8rity bui do not direcily represent Charilablc
activilies and include o￿lCe ¢osts. governance costs, adminislrative payroll costs. They are incurred
directly in support of expenditure on the objects of the Charity and in¢lude project management
carried out ai Headquarters. Where suppon costs cannot be direcily attributed lo particular headings
th¢y have been allocated to Cost of rdising funds and expenditure on charitsble activities on a basis
consistent with use of the resour¢es. Premises overheads have ken allo¢aled on an insert detail basis
and other overheads havc bcen allocated on a basis consistenl with the use of resources.
Fund-raising costs are ih05c incurred in seeking voluntary contributions and do not include the costs
of disseminating information in support of the ¢harilable a¢tivities.
(Q Twngible flxed *sstlJ
Tangible fixed &ssets are 5taied ai c05t less accumulatcd depreciation and accumulated impairment
losses. Cost includes costs directly attributable io making ihe asset Capable of operating as intended.
tkpreciation is provided on all tangible fixed assets. al rales calculated to write off the cost. les5
estimated residual valu¢. of each asset on a systematic basis over its expected useful life as follows=
Fixur¢s & Fittings - 200/• Straighi Line
(g) Debtors and ¢redltors re¢eivAble I p*y*ble wl¢hin one yur
Debtors and creditors with no stated interest rale and receivable or payable wiihin one year are
ord¢d at transaction price. Any losses arising from impainnent are recognised in ex￿ndIture.
(h) Imp*irnient
Assets not measured at fair value are reviewcd for any indication thai the assei may be impaired al
¢ach balance she¢t date. If such indicalion exists, the recoverable amount of the asset. or the a5sel's
cash generating unit. is estimated and compared io the carrying amounl. Where the carrying amount
exceeds its recovcrable amount, an impaimieni Ioss is recogniscd in profit or loss unless the asset is
carried at a revalued amounl where the impairnient loss is a ￿Valuation d￿reaSe.
(i) Provisions
Provisions are recognised when the charity has an obligation ai the balance sheet date as a resuli of a
past ev¢nl. it is probable that an ouiflow of economic benefits will ￿ required in settl¢ment and the
amount can b¢ reliably estimat¢d.
15
ntinued..

T*r 1st￿¢￿ Ltd
Note5 to the Financial Statements - continued
for the Ye*r Ended 31 December2025
ACCOUNTING POLICIES- continued
B*$is of preparing ibe finan¢i41 statements
ti) Leases
Assets acquired under finance l¢as¢s are capitslised and depreciated over the shorter of the leas¢ temi
and th¢ exp¢cled useful lifc of the asset. Minimum lease paymenis ar¢ apportioncd between the
finance charge and the reduclion of the oulslanding lease liability using the effective inteTeSt method.
The r¢lated obligations. net of fulure finance charges, are includ¢d in creditors.
Rentals payable and receivable under op¢raling le￿¢S charged to the SOFA on a straight line basis
over the period of the le￿e.
(k) Tax
No provision is Tequired foT laxalion as the company is defined as a charity for t￿tion purposes.
The charity is a registered charity and so such is ¢nTitled lo cet1ain lax exempiions on income and
profits from investments and surpluses on any trading activilies carried on in furtherance of the
charity's primary objectives, if these profits and surplus¢s are applied solely for charitable purposes.
(l) Going con¢ern
The fina￿laY slatements have tten prepared on a going concem basis as ihe truslees believe that no
material uncertainties exist. The trustees have consid¢red the level of funds held and the ¢xp¢ct¢d
level of income and expenditure for 12 months from auihori5ing these financial staiements. l-hc
budgeted income and expenditure are sufficient wilh the l¢vel of reserves for the charity lo be able lo
continue as a going concem.
(m) Judgements estimates
The following judgements including those involving estimates that have been mad¢ in the process of
applying the above accounting policies ihat have had the mosi significant elTect on the amounts
recognised in the financial statements and that have a significant risk of causing a material adjustment
lo the carrying amounts ofassets and liabililies within the next financial year..
(i) depreciation meihod and asset useful lives
The estimates and assumptions are reviewed on an ongoing b&sis considering the current and future
market ¢ondiiions.
Tax%tion
'I"he charity is a register￿ charity and so such Is entitled to certain tax cxemoions on income and
profits from investm¢nts and sury)luses on any irJding activities ¢arri¢d on in furth¢ran¢e of Ihe
charity'5 primary objectives, if these profits and surplu5e5 are applied 501ely for charitable Purposes.
Fund a¢eountiDg
The company h&s various types of fibnds 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 earniark¢d by ihe donor for specific pur￿￿5. Su¢h purposes ar¢ within the
overall aims of the company.
16
continued...

T*r lsteach Ltd
Notes to the Financial StatemeDts- ¢ontintted
for th¢ Ye*r Ended JI December 2025
ACCOUNTING POLICIES- con¢iuued
Fund *c¢ounllng
(ii) Unrestricted funds
Funds which are expendable at the discr¢lion of the dir￿lor$ which have been designated for specific
purp05e5 in furtherance of ihe objects of ihe charity.
DONATIONS AND LEGACIES
31.12.25
31.12.24
Donations
Fund Raising Events
14.011
7.680
2.818
4.820
21.691
7.638
OTHER TRADING AcfIviTIES
31.12.25
31.12.24
Unison
Give As You Liv¢
2.850
17
2.900
2,867
2,900
INCOME FROM CHARITABLE ACTIVITIES
31.12.25
31.12.24
Activity
Grants Receivable
Grants
210.174
186.345
Grants received. included in ihe above. are a5 follows:
31.12.25
31.12.24
Belfast City Council- Rcvenue
Newington Housing
Northern Ireland Housing Executive
Vine- North Belfa51 Advice Partnership
TEO Communities in Transition
TEO Central Good Relations
40.543
1,000
19.956
9.600
23.631
112,243
20,915
37.101
19,565
11.965
210.174
186.345
17
coniinued...

Tar IsteAch Ltd
Notes to the Finan¢i41 St*¢tmeDts- Continued
ror the Year Ended 31 December 2025
NET INCOMEI(EXPENDITURE)
Nel incomel(expenditure} is Stsled after chargingl{crediling)=
31.12.25
31.12.24
Accountancy fees
D¢pr¢ciation - owned
2,854
490
2,434
490
TRUSTEES, REMUNERATION AND BENEFITS
Th¢re were no trustees, remuneration or other benefits for the year ended 31 Decemb¢r 2025 nor for
the year ended 31 December 2024.
Trustees, txpeDYLS
There were no tTUStees' expenses paid for the year ended 31 December 2025 nor for the year ended
31 Deccmber 2024.
STAFF COSTS
31.12.25
31.12.24
Wagcs and salaries
s￿la[ security Costs
Other pension costs
144,663
6,740
2.247
150,786
10,282
2.362
153,650
163.430
Th¢ 8v¢rag¢ monthly number of employees during the year was as follows:
31.12.25
31.12.24
Management & Administration
No employees received emoluments in excess of £60.000.
18
continued...

T*r 15teach Ltd
Notes lo the Fin*D¢ial Stgt¢ments- continued
lor the Year F.nded 31 Deeember 2025
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
COST
At l January 2025 and
31 De¢ember 2025
46.663
DEPRECIATION
At l January 2025
Charge for year
46.173
490
At 31 December 2025
46,663
NET BOOK VALUE
At 31 December 2025
At 31 December 2024
490
CREDITORS: AMOUI%TS FALLING DUE WITHIN ONE YEAR
31.12.25
31.12.24
Accruals
3,606
2.895
10. ANALYSIS OY NET ASSETS BETWEEIY FUNDS
31.12.25
Total
funds
31.12.24
Total
funds
Unr¢siri¢ted Restricted
funds
funds
Fixed &ssets
Current as5¢ts
Current liabililies
490
141.271
{2,895)
52.131
(3.306)
89,810
(300)
141,941
(3,606)
48.825
89.510
138.335
138,866
19
continued...

Tar Iste8¢b L¢d
Notes to the Financial Stxlements - colltinued
for the Year Ended 31 December 2025
11. MOVEMENT IN FUNDS
Nel
movement
in funds
At
31112125
At Iiir25
Unrestricted funds
General fund
24.503
24.322
48.825
Restricted funds
OFMDFM - TEO Capital Grant
Ashton Building Posilive
Belfasi City Council - Revenue
Newinglon Housing
Northcrn Ireland Housing Executive
Ashton Peac¢ IV
Vine- North Belfast Advice
Partnership
TEO Communities in Transition
TEO Central Good Relations
490
.920
4,702
3.054
4,952
16,834
(490)
(1.920)
10.203
{741}
(4.952)
(16,834)
14,905
2.313
7,341
37.423
37,647
6.560
20,968
(37.647)
13,901
58.391
14J63
(24,853)
89,510
TOTAL FUNDS
138,866
(531)
138,335
Net mov¢ment in funds. in¢lud¢d in the a￿¥¢ are as follows..
Incoming
resources
ResoU￿eS
expend¢d
Movemenl
in funds
Unrestricted funds
General fund
24,558
(236)
24.322
Restricted fuDd$
OFMDFM - TEO Capital Grant
Ashton Building Positive
Belfasi City Council - Revenue
Newington Flousing
Northern Ireland Housing Execulive
Ashton Peace IV
Vine- North Bellast Advice
Partnership
TEO Communities in TTansition
TEO Cenlral Good Relations
(490)
(1.920)
(30,340)
(1.741)
(4.952)
(16.834)
(490}
(1,920)
10.203
{741}
{4.952}
(16,834)
40.543
1.000
37.101
119,565
11,965
(30.541)
{98,597)
(49,612)
6.560
20,968
(37,647)
210,174
{235.027)
(24.853)
TOTAL FUNDS
234.732
(235,263}
(531)
20
conlinu¢d...

Tar Isteach L¢d
Notes to the Financial Statements - continued
ror the Year Ended 31 December 2025
I I. MOVEMENT IN FUNDS- continued
Comparalives for ohovemenl in funds
N¢t
movement
in funds
At
31112124
Al 111124
Unrestricted funds
General fund
65.924
(41.421)
24,503
Restricted fund3
OFMDFM - TEO Capital Grant
Ashton Building Positive
Belfast City Council - Revenue
Newington Housing
Northcrn Ireland Housing Ex¢cutive
Ashton Peace IV
Vine- North Belfast Advice
Partnership
TEO Comtnunities in Transition
TEO Central Good R¢lations
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
Comparative net movement in funds, included in the aiKsve ar¢ as follows..
Incoming
resources
Resources
cxpended
Movement
in funds
Unrestrleted fund$
General fund
10.538
(51.959)
(41.421)
Restricted funds
OFMDFM - TEO Capital Grant
Belfast City Council - Revenue
Newington Housing
Northern Ireland Housing Execulive
Vine- North Belfast Advic¢
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)
21
Continued...

Tar Isltaeh Ltd
Notes to tbe Financial Statements - continued
for the Year F.nded 31 December 202S
12. CONTINGENT LIABILITIES
A ¢ontingent liability exists lo repay grants received should certain cotmlitions not be fulfilled by the
charity
13. RELATED PARTY DISCLOSURES
There were no r¢lat¢d party transa¢lions for the year ended 31 tkcember 2025.
14. WINDING UP
Every member of the Company undertake5 to contribute to the assets of ihe Company* in the event of
the same being wound up while it is a member. or within one year after it ceases to be a member, for
payment of the debts and liabilities of the Company conlrdcted beforc il ceases lo be a member, and of
th¢ costs. charges and expenses of winding up. and for the adjustment of the rights of ihe conlributols
among themselves, such amount as may be required not ex¢¢¢ding on¢ pound.
IS. SHARE CAPITAL
The Comparky is Limiled by Guarantee and h&$ no Share Capital
22

**Tar Isteach Ltd** 

## **Detailed Statement of Financial Activities for the Year Ended 31 December 2025** 

|**Detailed Statement of Financial Activities**<br>**for the Year Ended 31 December 2025**|||
|---|---|---|
||31.12.25|31.12.24|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|14,011|2,818|
|Fund Raising Events|7,680|4,820|
||21,691|7,638|
|**Other trading activities**|||
|Unison|2,850|2,900|
|Give As You Live|17||
||2,867|2,900|
|**Charitable activities**|||
|Grants|210,174|186,345|
|**Total incoming resources**|234,732|196,883|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Gross Salaries|144,663|150,786|
|Employers NIC|6,740|10,282|
|Pensions|2,247|2,362|
|Insurance|3,593|3,722|
|Light and heat|4,449|5,162|
|Telephone & IT|3,276|2,775|
|Printing, Postage & Stationery|4,644|4,406|
|Training Courses and Workshops||55|
|Rent and Venue Hire|13,625|12,250|
|Repairs and Maintenance<br>Affiliation Fees & Conferences|413<br>370|389<br>381|
|Direct Project Expenses|46,932|22,983|
|Bank charges|367|337|
|Depn of Fixtures & Fittings|490|490|
||231,809|216,380|
|**Support costs**|||
|**Governance costs**|||
|Accountancy f**e** s<br>Carried forward|2,854<br>2,854|2,434<br>2,434|



This page does not form part of the statutory financial statements 

23 



T¥r Isteach Ltd
Detailed Statement of Financial A£tivilies
for tbe Year Ended 31 December 2025
31.12.25
31.12.24
Governance costs
Brought forward
Ind¢p¢ndenl Examin¢rs Fees
2,854
600
2,434
600
3,454
3,034
Total resources ¢xp¢nded
235,263
219,414
Net expenditure
(531)
(22,531)
This page does not form part of the statutory financial statements
24