Company Number: Charity Number: HMRC Charity Number: Nl 642518 NIC100243 N101076 Ardoyne Association Financial Statements For the Year Ended 31103125 A company limited by guarantee without share capital Page I
Ardoyne Association Information Chair Marion Kane Secretary Anne Marie (Una) McRoberts Treasurer Marie Colman Address 111 Etna Drive Belfast BT14 7NN Accountants Insight Business Services 53 Bernice Road Newtownabbey BT36 4QZ Bankers Ulster Ban1< Crumlin Road 1711175 Crumlin Road Belfast BT13 IFE Page 2
Ardoyne Association Page Trustees, Report Accountant's Report Statement of Financial Activities Balance Sheet Trustees Statement Notes to the Financial Statements 9-11 Page 3
Ardoyne Association Directors, Report For the Period Ended 31103125 The Directors present their report and financial statements for the period ended 31103125 Principal activity The principal activity of the charity is to provide advice, welfare and charitable services, to promote community development in the Ardoyne area (the area of benefi't) and to improve residents, quality of life From April 2017, the activities of Ardoyne Association were tal<en on by Ardoyne Association, a company limited by guarantee with charitable status. Directors The Directors who served during the period are as stated below.. Chair Secretary Treasurer Directors Marian Kane Anne Marie (Una) McRoberts Marie Colman Joe Blair Dr Clara Fitzpatrick Orla Mccallin Tammy-Lee Burns Marie O'Neill Gemma Mulholland Paul Shevlin Annual Report A full copy of the annual report of activities and achievements in the year is set out in the appendices. Structure, Governance and Management The organisation is a charity and is governed under its constitution. The Directors are also the charity trustees for the purposes of charity law. All Directors give their time voluntarily and receive no benefits from the charitv. Our financial performance has been positive. Total income has increased due to the community response to the Covid pandemic and expenditure has also risen but fi'nances have been managed to ensure that we have a surplus to cover origoing needs. Capital expenditure was completed on the new offi'ces. This report was approved by the Committee on 26 September 2024 and signed on its behalf by Signed /JL Name Marion Kane Page 4
Ardoyne Association Independent Examiner's Report to the Members of charitable company Ardoyne Association I report on the accounts of the charity for the year ended on pages 6- 11. 31103125 which are set out Respective responsibilities of Directors and examiner As the charity trustees (and also the directors of the company for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satlsfied myself that the charity is not subject to audit under company law, and is eligible for independent examination, it Is my responsibility to.. examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act state whether particular matters have come to my attention. Basis of independent examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures ir the accounts, and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: l. That accounting records were not kept in accordance with section 386 of the Companies Act 2006 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examiner's statement I have completed my examination and have no concerns in respect of the matters 11) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Derek Browne ACMA Insight Business Services 53 Bernice Road Newtownabbey, BT36 4QZ Page 5
Ardoyne Association Statement of Financial Activities for the period ended 31103125 2025 Restricted Unrestricted Funds Funds 2024 Total Notes Incoming Resources Grant Other Income (inc donations) Total Income 289,794.22 49,352.00 339,146.22 0.00 8 851.58 8 851.58 289,794.22 58,203.58 347,997.80 345,858 376,061 Expenditure Charitable Activities Administrative Expenses Total Expenditure 281,577.83 0.00 281,577.83 0.00 2 200.00 2,200.00 281577.83 2 200.00 283,777.83 275,317 4,320 279,637 Net Incoming/(Outgoing) Resources 8 216.39 56 003.58 64,219.97 96,424 Net Movement of Funds in the Period 8,2 16.39 56,003.58 64,219.97 96,424 There are no recognised gains or losses other than the profi't or loss for the above finan All activities relate to continuing operations Page 6
Ardoyne Association Balance Sheet As at 31103125 2025 2024 Notes Fixed Assets Tangible Assets 264,026.00 264,026 Current Assets Debtors Cash at bank and in hand 13,244.07 0.07 306,024.14 19,717 229 993 249,710 Creditors: amounts falling due within one year 2,200.00 1,800 Net Current Assets 303 824.14 247 910 Total Assets less current liabilities 567,850.14 511,936 Creditors: amounts falling due after more than one year Deferred grant income Grants capitalised 0.00 264,026.00 264 026 Net Assets 303,824.14 247,910 Capital and Reserves Reserve Fund Restricted Reserves General Funds Total Funds 147,909.20 48,216.39 107,697.55 303,823.14 152,978 70,542 24,390 247,910 The directors, statements are shown on page 12 which forms part of this Balance Sheet Page 7
Ardoyne Association Balance sheet (continued) Directors, statements for the year ended 31103125 In approving these fi'nancial statements as directors of the charity we hereby confirm- For the year ending 31103125 the company was entitled to exemption from audit under Article 257A(3) of the Companies (Northern Ireland) Order 1986 ,' and No members have required the company to obtain an audit of its accounts for the year in question in accordance with Article 257B(2) Director's responsibilities- •The members have not required the company to obtain an audit of its accounts for the year in question, •The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The fi'nancial statements were approved by the Board on 26 September 2024 and signed on its behalf by Signature Name Marion Kane Ardovne Association Page 8
Notes to the financial statements For the year ended 31103125 Accounting Policies 1.1 Accounting convention The fi'nancial statements are prepared under the historical cost convention. The accounts have been prepared in accordance with the Financial Reporting Standard applicable in the UK (FRS 102) (effective January 2015), and the requirements of 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 (FRS 102) (effective January 2015) (Charities SORP 2015 (FRS 102)). 1.2 Incoming resources Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. Gifts donated for resale are included as income when they are sold. Donated asset5 are included at the value to the charity where this can be quantified and a third party is bearing the cost. The value of services provided by volunteers has not been included. Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable. 1.3 Resources Expended Resources expended are recognised in the year in which they are incurred. Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements. 1.4 Fixed Assets and Depreciation Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows.. Fixtures, fittings and equipment Motor vehicles 2 5% reducing balance 25'A reducing balance Page 9
Ardoyne Association Notes to the financial statements For the year ended 31103125 Grant Income 2025 2024 Government and other Grants 339,147 345,858 Operating gainl(deficit) 2025 2024 Operating gain is stated after charging.. Depreciation and other amounts written off Accountant's remuneration 2,200 1,800 Employees 2025 2024 Number of employees The average monthly number of employees (excluding the Directors) during the year were.. 10 Debtors 2025 13,244 2024 19,717 Trade Debtors Other Debtors Creditors: amounts falling due within one year 2025 2024 Trade creditors Other Creditors Other taxes and social security costs Accruals and deferred income 2,200 1,800 2,200 1,800 Page 10
Ardoyne Association The following does not form part of the statutory accounts. Detailed Statement of Financial Activities For the year ended 3 1103125 2025 2024 Income Belfast City Council NIHE DFCI Neighbourhood Renewal NBAP Flax Trust Newington Housing DFC Jobstart Halifax Lottery Awards for All CFNI Urban Villages PHA Garfield Weston Other Income Total Income 69,227 25,519 24,817 2,360 20,000 4,060 67,220 50,003 17,921 3,652 18,650 5,000 10,511 19,999 98,648 18,950 10,000 100,000 40,671 5,000 30,000 19,419 347,999 30,000 32,434 376,062 Expenditure Repairs Insurance Salaries Staff Expenses Telephone Printing, stationery & postage 810 1,869 227,939 507 3,434 4,376 4,241 2,378 1,823 194,732 2,300 6,167 4,862 kl I Heat & Light Volunteer Expenses Accounts Bank Charges Programmes Equipment Consultancy Sundry Items Depreciation Total Expenditure 4,331 5,276 3,889 165 24,321 5,064 5,987 2,520 213 50,462 720 2,218 191 2,430 191 283.779 279,637 Surplus/Deficit 64,220 96,425 Page 11