Registration number N1031276 Forth Sprlng Inter Communlty Group Company limited by guarantee Annual, report and financial statements for the year ended 31 March 2025 AEBZ42F7 2710912025 COMPANIES HOUSE A7
117
Forth Spring Inter Community Group Directors, Report for the year ended 31 March 2025 The Directors present their report with the audited fthancial statements for the year ended 31 Mah 2025. The accounts have been prepared in accordance with the accounting policies set out in note I to the accounts and comply with the charity's Memorandurn and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities: Siatement of Recommended PTa¢tice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019" Reference and AdmlDlstratlve IDformatlon Charity Name: Forth Spring Inter Community Group Charity Registration number: N1100141 Company Registration number.. N1031276 Registered Office: 373-375 Springfield Road, Belfast, BT12 7DG Business Address: 373-375 Springfield Road, Belfast, BTI 2 7DG Dlrectors E P¢ters¢n (Chairperson) C Fitzpatrick Dr J Meegan H Smith C O'Doherty D Quinn Secretary C Fitzpatrick Audltors M¢Creery Turkington Stocknian LTD.1 Lanyon Quay, Belfast, BTI 3LG Bankers Unity Trust Bank Plc, Planetsry Road, Willenhall, WVI 9DG Page I
Forth Spring Inter Community Group Directors, Report for the year ended 31 March 2025 Structure, Governance And Management The charity is controlled by its governing document, a Memorandum and Articles of Association, and constitutes a limitcd cotnpany, limited by guarantee, as deflned by the Companies Act 2006. The company was incorporated on 6 September 1996 and registered with the Chanty Commission for Northern Ireland on 16 June 2014. Objectives and Actlvltles The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities th¢ charity should undertake. Achievements and Performance Forthspring Inter Community Group has had a very productive year. This of course would not have been possible without the dedication and commitTnent of our staff and volunteers, who kept the organisation running, and provided vital services to the local community. Our highlights include: The dedicated commithient of local and international volunteers Youih Work Sustained interventions with children and young people through afterschools and youth club Children's Counselling and Therapies Trebling of numbers in youth club Community Work Community lunches for up to 180 people Exercise Classes every day Bespoke groups for men and women Programme Work: We build peace through youth work and community development. We use a critical pedagogy and nonviolenc¢ rn¢thodology. Youth Work: The project helped children in transition and supported parents with behavioral support. Our work with St. Clare's P.S. continues as we seek to help children nurture an awareness of the world around them through the garden. We've forged strong new networks with partner agencies along the Falls, Shankill and Springfjeld Roads. We've trebled our numbers of children attending youth club. Afterschools welcomes over 32 different children each week. IO children have benefited from counselling. Programmes have included - gardening, football tournament, girls group, boys group, mental health, team building, social action, Cooklt, sports and art themed workshops - all with a focus on peacebuilding delivered in a cross community setting. Page 2
Forth Spring Inter Community Group Directors, Report for the year ended 31 March 2025 Community Work: Community Work: Our groups include Bcreavcment Group Tea Dancers Art Group Autism Support Group Exercise classes Gardening Group Men's Group Women's Group (2) We're also thankful for gTOUPS who choose to use our centre regularly; BMCA Irish Dancers Inter Faith Forum Fellowship Church Volunteering: This year we have had over 3578 hours of local and international volunteering. This includes trnstees, intemational placenient students, local men and women giving of their time to run ihc centie each week, local businesses giving one day of their time per quarter. Plans for future perlods The Trustees will continue to develop an effective organization. We intend to grow and strengthen the board with suitably qualifjed and experienced new members. We anticipate the arrival of new staff to facilitate our growth as an organization. We will continue to review and refine our strategic plan and develop an operational plan to meet our current objectives and to seek new opportunities to see our work move forward effectively. We will continue to strengthen and develop existing and new strategic partnerships with other groups and agencies. We will continue to develop our relationships with a wide and growing range of funders across all sectors. We wil I focus on building effective partnerships government and key agencies with responsibility for peace building, family support and community development. We will continue to develop our strong networks in the communities where we ate sittiated and be listening and responsive to their expressed needs and challenges. We intend to pursue international partnerships including cross border and in other countries for the development of interesting future projects. Page 3
Forth Spring Inter Community Group Directors, Report for the year ended 31 March 2025 Our Communications We will develop a digital marketing plan as we move forward. We will seek to develop a Coherent and united brand across th¢ various aspects of our work. Our Programmes We intend to develop our existing programmes which offer significant support to families and young people. There is the potential to extend the mfluence and opporttuiities for our existing work to develop more widely which wc will explorc and encourage. We will develop new and innovative programmes to promote our peace building mission across our mmunity, seeking to collect and give voice to the hopes and dreams for the future of our community. We intend to ensure appropriate access to adequate facilities and resources to allow us to develop and expand our services. Financlal Review It is the policy of the charity that unrestrictcd funds which have not been designated for a specific use should be rnaintained at a level equivalent to between three and six month's expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's Cuent activilies while consideration is given to ways in which additional fijnds may be raised. This level of reserves has been maintained throughout the year, Page 4
Forth Spring Inter Community Group Directors, Report for th¢ year ended 31 Mareh 2025 Statement of Directors, Responsibilities The directors are r¢sponsibl¢ for preparing the Directors Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the directors to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing those financial stalements the directors are required to: select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charitics SORP. make judgments and estimates that are reasonable and prudent. state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; Prepare the financial statements on the going concern basis unless it is inappropriate to presum¢ that the company will continuc in operation. The directors are iesponsible for keeping proper accounting records which disclose with reasonable accuracy at any time the fanCIal position of the compaDy and to enable them to ensure that the financial ststements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Auditors In accordance with the company's articles, a resolution proposing that Mccreery Turkington Stockman Ltd be reappointed as auditor of the company will be put at a General M¢eliDg. Each of the trustees has confinned that there is no infonnation of which they are aware which is relevant to the audit, but of which the auditor is is unaware. They have further ConfMed that they have taken appropriate steps to identify such relevant inforniation and to establish ihat the auditor is aware of such infomiatlOD. This report was approved by the Board on 25th June 2025 E Petsrsen Page 5
Forth Sprlng Inter Communlty Group Independent auditors, report to the members of FORTH SPRING INTER COMMUNITY GROUP Opinion We have audited the fmancial statements of Forth Spring Inter Community Group for the year ended 31 March 2025 which comprise the Statement of Financial Activities , the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including significant accounting policies.The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements- give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resources, for the Year then ended. have been properly prepared in accordance with United Kingdom Generally Accepted AccouDtiDg Practice. and have been prepared in accordance with the requirements of the Companies Act 2006. Basls for oplnlon We conducted our audit in accordance with International Standards on Audiling (UK) (ISAS (UK)) and applicable law. Our responsibilities under those stsndards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficieDt and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfornied, we have not identified any material uncertalnties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. OUT responsibilities and the rcsponsibilities of the trustees with respect to going concern are described in th¢ relevant sections of this r¢port. Olher Informatlon The other information comprises the inforniation included in the annual report, other than the accounts and our auditors report thereon. The trustees are responsible for the other inforniation. Our opinion on the accounts does not cover the other inforn]ation and we do not express any fom) of assurance conclusion thereon. In connection with our audit of the accounts, our responslbility is to read the other information and, in doing so, consider whether the other infonnation is materially inconsistent with the accounts or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatemcnts, we are required to detern]ine whether there is a material misstatement in the accounts or a material misstatement of the other infomlation. If, based on the work we have perfonned, we conclude that there is a material misstatement of this other inforniation, we are required to report that fact. We have nothing to report in this regard. Page 6
Forth Spring Inter Community Group Independent auditors, report to the members of Forth Sprfing Inter Community Group continued Opinions on other matters prescribed by the Companies Act 2006 ID our opinion, based on the work undertaken in tbe course of our audit.. the infomiation given in the tNstees' Report, which includes the directors, report pr¢parcd for thc puoseS of company law, for the fmancial year for which the financial statements are prepared is consistent with the financial statements. and the directors, report included within the trustees, report has b¢en prepared in accordanc$ with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledg¢ and understanding of the Charity and its environment obtained in the course of the audit. we have not identified material misstatements in the directors, report included witbin the trustees, report. We have nothing to report in respect of the following matters in ielation to which the Companies Act 2006 requires us to report to you if, in our opinion.. adequate accounting records have not been kept, or returns adequate for our audit have noi been received ftom branches not visited by us; or the financial statements are not in agreement with the accounting records and returns; or certain disclosures of tTUStees' remuneration specificd by law are not made. and we have not received all the inforniation and explanations we require for our audit. Responslbilltles of trustee$ As explained more fully in the Statement of trustees, Responsibilities. the trustees. who are also the Directors of the charity for the pUoSe of company law, are responsible for the preparation of the accounts and for being satisfied that they give a true and fair view, and for such internal control as the committee detern]ine is necessary to enable the preparation of accounts that are free from material misstatement, whether due to fraud or error. In preparing the accounts, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. Auditor's responsibilities for the audlt of the flnancial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditorfs report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exlsts. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statemenls. Page 7
Forth Spring Inter Community Group Extent to which the audit was capable of detecting Irregularfities, Ineludlng fraud IegularitIes, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined abovc. to detect mat¢rial misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularitA¢s, including fraud is detailed below: We identified the areas of laws and regulations that could reasonably be expected to have a material effect on the financial ststements and risks of material misstatement due to fraud, using our understanding of the entity's indwtstry, regulatory environment and other external factors and inquiry with the Tntees. In addition, our risk assessment procedures included.. inquiring with the Trustees as to the charities policies and procedures regarding compliance with laws and regulations and prevention and detection of fraud. inquiring whether the Trustees have knowledge of any actual or suspecied non-compliance with laws or regulations or alleged fraud. inspecting the charities regulatory and legal correspondence; and reading Board minutes. We diKussed identified laws and regulations, fraud risk factors and the need to rernaln alert among the audlt team. The charity is subject to laws and regulations that directly affect the financial statements charity and financial reporting legislation. We assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial stst¢ment items, including assessing the financial stalctnent disclosures and agreeing them to supporting documentation when necessary. The charity is subject to rnany other laws and regulations where the consequences of non-complianc¢ could have a material effect on amounts or disclosures in ihe fjnancial statements, for instance through the imposition of fines or litigation. We identified the following areas as those most likely to have such an effect.. health and safety, anti-bribery, employment law, environmental law. Audiling standards limit the required audil procedures to identify non-compliance with these non-direct laws and regulations to inquiry of the Trustees and inspection of regulatory and legal ¢orr¢sponden¢e, if any. These limited procedures did not identify actual or suspected non- compliance. We assessed events or conditions that could indicate an incentive or pressure to commit fraud or provide an opportunity to commit fraud. A5 required by auditing standards, we perforn]¢d procedures to address the risk of management override of controls. On this audit we do not believe there is a fraud risk related to revenue recognition. We did not identify any additional fraud risks. In response to risk of fraud, we also pcrfonned procedures including.. identlfying journal entries to test based on risk criteria and comparing the identified entries to supporting documentation. evaluating the business Putpose of significant unusual transactions. assessing significant accounting estimates for bias- and assessing the disclosures in the fjnancial statements. Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misslatements in the fu]ancial statements, even though we have properly planned and perfonned our audit in accordance with audittng standards. For example, the further removed non- compliance with laws and regulations (irregularities) is from the events and transactions r¢fl¢cted in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. Page 8
Forth Spring Inter Community Group In addition, as with any audit, there remains a higber risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannol be expected to detect non- compliance with all laws and regulations. A fijrther description of our responsibilities for the audit of the accounts is located on the Financial Reporting Council's website at: http:/lwww.frc.org.uk/auditors responsibilities. This description fomis part of our auditor's report. The purpose of our audit Ivork and to whom we owe our responsibiliti¢$ This report is made solely to the charitablc CoMpanS members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to tem in an auditors, report and for no other purpose. To the fullest extent pemiitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for OUT audit Work, for this report, or for the opinions we have forn)ed. Richard Mcclay FCA (Senior Statutory Auditor) For and on behalf of Mccreery Turklngton Stockman LTD Chartered Accountants Statutory Auditor l Lanyon Quay BELFAST BTI 3LG 25th June 2025 Page 9
Forth Spring Inter Community Group Statement of FSnancial Activities Oncluding Summary Income and Expenditure Account) for the year ended 31 March 2025 Unrestrlcted Restrlcted Funds Funds Total Total 2025 2025 2025 2024 Income from: Voluntary income Generated income Notes 117,714 117,714 405,287 405,287 57,223 343,783 Total Incomlng resources 117,714 405,287 523,001 401,006 Expendllure on: Charitable activities (91,726) (363,951)(455,677) (467,585) Total expenditure (91,726) (363,951)(455,677) (467,585) Net Income before transfers 25,988 41,336 67,324 (66,579) Transfer between funds Net incoming resources 25,988 41,336 67,324 (66,579) Fund balances brought forward 72,235 182,870 255,105 321,684 Fund balances carried forward 98,223 224,206 322,429 255,105 All of the above results are derived from continuing gains and losses recognised in the year are included above. The notes on pages 12 to 21 form an integral part of these financlal statement$. Page 10
Forth Sprlng Inter Communlty Group Balance sheet as at 31 March 2025 2025 2024 Notes Fixed assets Tangible assets 217,217 91,088 Current assets Debtors Cash at bank and in hand 16,961 115,434 16,480 159,721 l32,395 176,201 Credltors: amounts falllng due within one year (27,183) (12,184) Net current assets 105,212 164,017 Net assets 322,429 255,105 Funds Unrestricted funds Restricted ndS 10 10 98,223 224,206 72,235 182,870 Total funds 322,429 255,105 The financial statements were approved by the Directors on 25 June 2025 and signed and approved for issue on its behalf by E Petersen Director The notes on pages 12 to 21 form an integral part of these financial statements. Page 11
Forth Spring Inter Community Group Notes to the financial statements for the year ended 31 March 2025 Accounting pollcles Company information Forth Spring Inter Community Group is a Company limited by guarantee, registered in Nortbern Ireland. The address of the registered office is 373-375 Springfield Road, Belfast, B T12 7DG. Accounting convention The accounts have been prepared in aGcordanc¢ with the Charity's Memorandum and Articles of Association, the Companies Act 2006 and"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 published in October 2019" The charity is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The Principal accounting policles adopted are set out below. 1.2. Going concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for th¢ foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the flnancial statements. 1.3. Charltable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted fimds are set out in ihe notes to the financial statements. Incomhng resources Income is recognised when the charity is legally entitled to it after any perfom)ance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are iecognised once the charity has been notified of the donation, unless perfomiance conditions require deferral of ihe amount. Income tax recoverable in relation lo donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the arnount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. Investment income is recognised once the income and been declared and notified to bank accounts. Page 12
Forth Spring Inter Community Group Notes to the financial statements for the year ended 31 March 2025 continued 1.5. Resources expended All expenditure is accounted for on an accruals basis. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be Tequired, and the amount of the obligation can be measured reliably. 1.6. Research and development Research expenditure is written off to the profit and loss account in the year in which it is incurred. 1.7. Tangible fixed assets and depreciatlon Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of dcprcciation and any impaimcnt losses. Depreciation is provided at rates ¢alculat¢d to write off the cost less residual value of each asset over its expected useful life, as follows.. Land and buildings Plant and machinery Fixtures, fittings and equipment 40/0 Straight line Straight line over 22 years 250/0 Straight line The gain or loss arising on the disposal of an asset is determined as the difference between the sale procccds and thc CaIng value of the assct, and is recogniscd in the statcment of fancIal activities. 1.8. Imp2irmeDt of fixed assets At each reporting end date, the charity reviews the Carrying amounts of its tangible assets to detenninc whether there is any indication that those assets have suffered an impairment loss. Ir any such indication exists, the recoverable amount of the asset is estimated in order to deterniine the extent of th¢ impainnent loss (if any). 1.9. Cash at bank 2nd in hand Cash and cash equivalents Include cash in hand, deposits held at call with banks, other short-terni liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. Page 13
Forth Spring Inter Community Group Notes to the financial statements for the year ended 31 Marcb 2025 continued 1.10. Financlal Instruments The charity has elected to apply the provisions of Section I I 'Basi¢ Financial Instniments, and Section 12 '0thei Financial Instruments Issues, of FRS 102 to all of its fanCIal instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrurnent. Financial assets and liabilities arc offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intcntion to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Baslc flnanclal Ilabllltles Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a fancing transaction, where the debt instrument is measured at the present value of the fijture payments discounted at a market rate of interest. Financial liabilities classified as payablc within one year are not amortised. Debt instruments are subsequently Carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounls payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially and subsequently at transaction pric¢. 1.11. Taxation The charity is an exempt charity within the meaning of Schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph I Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. 1.12. Employee benefits The cost of any unused boliday entitlement is recognised in the period in which the employee's services are received. Terniination benefits are recognised immediately as an expense when the charity is demonstrably committed to ternlinate the eMplOTllent of an employee or to provide tern)ination benefits. Page 14
Forth Spring Inter Community Group Notes to the financlal statements for the year ended 31 March 2025 continued 1.13. Retirement benefits Payinents to defined contribution retirement benefjt schemes are charged as an expense as they fall due. Net Incomlng resources for the year 2025 2024 Net incoming resources is stated after charging: Depreciation and other amounts written off tangible assets 8,871 8,871 Employees Number of employees The average monthly numbers of employees during th¢ year were.. 2025 2024 Management and administration 12 14 Employment costs 2025 2024 Wages and salaries Employers national insurance Ernployers pension costs 269,796 16,592 4,210 273,414 17,579 5.766 290,598 296,759 There were no employees earning over £60,000 in the two years ended 31 March 2025. The charity trustees were not paid or receivcd any other benefits frorn employment with the charity, ncithcr were they rcimburscd expcnses during the ycai (2024.. £Nil). Page 15
Forth Spring Inter Community Group Notes to the financial statements for the year ended 31 March 2025 . continued Income Unrestricted Restricted Funds Funds Total 2025 Total 2024 Voluntary fincome General fund Childcare Fees Other income 41,728 23,495 52,491 41,728 23,495 52,491 21,211 32,192 3,820 117,714 117,714 57,223 Generated funds BCC Good Relations BCC.. Recovery Support BCC.. Sumrner Scheme BCC.. Medium Grant BCC.. Micro Grant Belfast City Council Belfast City Council- Peace IV Brighi Start COF CRC Main CRCD Community Foundation Department of Foreign Affairs Department for Communities Garfield Weston Foundation General grants Halifax Hope of Youth HSBC Public Health Agency PPF The Executive Office Education Authority General The National Lottery T:BUC camp Thriving Minds Tudor Trust Upper Springfield Trust Youth Matters 5,000 21,258 2,500 5,000 21,258 2,500 4,000 1,200 4,975 1,800 20,121 750 8,446 (1,640) 40,896 8,446 168,000 33,712 4,015 8,446 168,000 33,712 4,015 8,717 8,572 23,637 8,572 23,637 37,269 20,000 7,500 2,500 7,500 2,500 800 5,063 5,000 9,994 25,000 3,000 5,000 9,994 25,000 3,000 4,184 129,867 7,486 33,000 36,667 7,486 33,000 36,667 20,000 35,000 960 1,259 405,287 523,001 343,783 Page 16
Forth Spring Inter Community Group Notes to the financial statements for the year ended 31 March 2025 continued 2025 2024 5. Expendlture: Charitable Activities Staff costs Staff expenses Rent & rates Insurance Light and heat Cleaning Repairs and maintenance Equipment costs Health & Safety Printin8, Postage and stationery Programme activity & resources Promotion & marketing Telephone and internet Computer costs Transportation Monitoring & internal verification fees Professional fees Counselling Consultancy & advice Accountancy Bank charges Training costs Other costs Subscriptions & affiliation fees Depreciation 290,599 4,503 14,749 2,702 17,981 2,863 9,220 296,759 I,757 19,959 2,406 18,087 1,813 13,939 2.891 4.055 1.674 19,147 1,697 4,087 2,577 4.670 7,000 2,327 12,330 21,900 13,100 285 928 5,090 236 8,871 2,866 2,618 38,680 723 5,128 728 9.875 6,557 5,200 1,600 15,522 136 5,941 8,116 499 8,871 455,677 467,585 Total expenditure 455,677 467,585 Analysis by fund Unrestricted ndS Restricted funds 91,726 363,951 455,677 For the year ended 31 March 2024 Unrestricted funds Restricted funds 74,918 392,667 467,585 Page 17
Forth Spring Inter Community Group Notes to the financial statements for the year ended 31 March 2025 continued Taxation No liability to UK corporation tax arises on ordinary activtties for the year. The Company is a registered charity . Fixtures, Leasehold Plant and fittings and Improvements machinery equipment Tangible red assets Total Cost At l April 2024 Additions 444,920 135,000 186,692 14.410 646,022 135,000 At 31 March 2025 579,920 186,692 14,410 781,022 Depreclatlon At l April 2024 Charge for the year At 31 March 2025 444,920 95.604 8,871 14,410 554,934 8,871 444,920 104,475 14,410 563,805 Net book values At 31 March 2025 135,000 82,217 217,217 At 31 March 2024 91,088 91,088 Debtors 2025 2024 Trade debtors Prepayments and accrued income 2,263 14,217 16,961 16,961 16,480 Page 18
Forth Spring Inter Community Group Notes to the financial statements for the year ended 31 March 2025 continued Credltor$.' aniounts falllng due withln one year 2025 2024 Trade creditors Other taxes and social security costs Accruals and def¢ed income 561 2,324 24,298 2,190 5,694 4,300 27,183 12,184 Page 19
Forth Spring Inter Community Group Notes to the financial statements for the year ended 31 March 2025 continued 10. Programme Funds: Balance Incomtng Outgoing Balance l April 2024 Resource$ R¢source$ Transfers 31 March 2025 Unrestricted Funds General fund Childcare Fees Other income 72,235 41,728 23,495 52,491 15,740 (23,495) (52,491) 98,223 72,235 117,714 {91,726) 98,223 Restricted funds Capital Grant- EA Youth Matters Capital Grant- TNL Covid Garfield Weston Foundation The National Lottery BCC Good Relations BCC.. Recovery Support BCC: Summer Schem¢ Bright Stsrt COF CRC Main CRCD Department of Foreign Affairs Department for Communities Halifax Hope of Youth Public Health Agency PPF The Executive Office Education Authority General T..BUC camp Thriving Minds Tudor Trust 93,964 2,162 9,268 77,476 (7,811) (1,060) (9,268) (77,476) (5,000) (21,258) (2,500) (8,446) (33,000) (33,712) (4,015) (8,572) (23,637) (7,500) (2,500) (5,000) (8,043) (25,000) (3,000) (7,486) (33,000) (36,667) 86,153 1,102 5,000 21,258 2,500 8,446 168,000 33,712 4,015 8,572 23,637 7,500 2,500 5,000 9,994 25,000 3,000 7,486 33.000 36,667 135,000 I,951 182,870 405,287 (363,951) 224,206 Total funds 255,105 523,001 (455,677) 322,429 Pa¥e 20
Forth Spring Inter Community Group Notes to the financial statements for the year ended 31 March 2025 . continued Unrestricted Restricted reserve reserve fund fund 11. Analysls of net assets between funds Total Fund Balances at 31 March 2025 represented by: Net Cuent assets 98,223 224,206 322,429 98,223 224,206 322,429 12. Related Party transactions There were no material transactions to disclose during th¢ year. 13. Post Balance Sheet Events There w¢r¢ no post balanc¢ sheet events after the year end. 14. Company Ilmlted by guarantee The cbarity is a company limited by guarantee governed by a Memorandum and Articles of Association. The liability of each member is limited to an amount not exceeding £ l. Page 21