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 Ma￿h 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.
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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.
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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 Cu￿ent activilies while consideration is given to ways in which additional fijnds may be
raised. This level of reserves has been maintained throughout the year,
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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 f￿anCIal 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 Conf￿Med 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
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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.
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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 pu￿oseS 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 pU￿oSe 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.
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Forth Spring Inter Community Group
Extent to which the audit was capable of detecting Irregularfities, Ineludlng fraud
I￿egularitIes, 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 Tn￿tees. 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.
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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 CoMpan￿S 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
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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$.
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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.
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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.
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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 Ca￿Ing value of the assct, and is recogniscd in the statcment of f￿ancIal 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.
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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 f￿anCIal 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 f￿ancing 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 eMplO￿Tllent of an employee or to provide tern)ination benefits.
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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).
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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
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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 r￿ed 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 Cu￿ent 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