Short Strahd Partnershlp
{A¢dmpany I￿[0￿ byguarinlq9',nof fvavlngw &hMr4 qgpjta
Annual Rep¢>rt aftd Unaudltéd Flnanclal Statefftents
for the flnanclal yoai ended 31 JaI￿ary 2025
Quartor
ChartgredAccountanl#
St Anno'8 Hou4è
15 Chureh 8treèt
Cqlhgdrdl I￿￿rter
Bqlfa8t
TI. IPG
C¢mpany Numhr: N16tl1974

Trugte'pg
onorJoseph Koen8n
Paul Mocrory
Agne8 MGGlnley
Dg881è M¢Cabe
M¢Conno11
harlty Numbprln Northgrn Irgland
10Q273
Comparty Reglstr4tlrffi Numl*Y
N1fj01974
Rgqlstered offi￿ and Prlnrlpal Addr¥¥8
26A Bfjothlteld
Boflast
BT&4BQ
Indepondent Examln9r
Quarlor
ChArteredAwuntsnls
8tAnng'8 Haus8
15 Church Streèt
Ceth9dral Quwt*#
Bn IPG
Prlnclpgl B4nkers
UlsterÈ8nk
Archps Reig11 Park
ttonnswatsr Unk
Bpifast
r54AF

Shortslrnnd P8ther4hlp Is a Comp4ny Lknlfed by Guaranteè Hrkj Ib & Chth moconlsed by tha ChartyComml¥slon
fvr Nl and HM Rè¥enue ond Customs. R18 8 fiol fvr prfi otganl8auon. Tha FDmpany Wag q8labllshed und9r
Memorandom ol Ass￿latIOn whloh gstaknl$hed tho obJed8 and powers of thg qompgny and b govgmBd ￿)der Its
Aruclpg ofAg*thfj¢Jn.
Inlmentollru8te8B'.
o ChalrrnAn 4nd tha Tru8tep# r8'oOrllnv8nd n9w Trusfeeg AB neoded. New'Tiu$lepu qrg reryulled ot7 thè rglvv8n¢0
otIlT•fr Sk￿￿, and Ihelr rotsnual tp bo able to moke a h¢lpfvl #onlrfbulkjn tij the 9ttv•manr8 of thè fjhttrfty, A8 Part of
thlg proc8ss thèy Are ntsde awar8 of a Ttru9tpes' legal ONlgaiiortH undgr ¢horlty and company14w, ¢ont8nl c¢1 the
erDorarndum 8ri¢ Arft3le8 of Assoclallon, Iho daclslon rnoklNA pro¢e&8Qg, the buglnes$ Plfjn and reoEnt flnBnokl
porfumiancè Df Iho charl¢y. Ontte Ihe potenV81 llew T￿￿te8 has agr8ed to bd cw$tdwed for appjlntmentlhey'can bB
Collopled by the thrgctOTS vnll fomial vollnu by'm9mb¢rs oocurs 81 th8 nexlAnhual Genow Meèttnè.
AtWomBTht8 for8bttltyPgy and rnmunoraflon of key thari4gèment P¢tsonn&l
The tJlr9cAor o)hdOer8 that tha boar4, who arè th8 tharlll8 Iwsteos. Ènd th8 se#kJr manog&m&nl team Gpmprtge Iha
Rey hJanog8mgnt P8rsonnel ofth6 charfty h charge ofdlreotlrKJ end ¢ontrollSn9: fLWntng and opero11ry Ihg oharflyon a
daylo doy b48f8. Al dlrector8 gtyg of thelr Ilrne fregly and nc5 dlro¢tv To¢￿Ved remuneratlon In thayear.
arganlyatlon Btsuebjro and how ¢harftyMako5 docf8lDn
Shurt Strand Partnershlplg govwned by BoFrd. Thg ccthp4ny18 manpgèd on a to day baslB by a senlry
managgmpnt team ps appplnl&d by Ihg 80grd. Th¥ Board meelg blmonihfy, ondlg eppolnted by lh6 m8mb&r8 atthp
Atsm. A 8ghloi man¥ement tsam man¥Jes the dHy fo day 8GttvlNes of Ihp wrnpany, ond reportg on o)mpany
performa'nce'to ail tsoard n7e*knq8,
R6vlawof A¢lfvltl•8, A¢hlovemonts and Perforniantro
Supportfttg of S&lnt ￿8(the￿9 Houslng As8oclatton In th8 m18k)n of 4Uallty Bb¢￿[ hbu8lrtg, Suppoty and
dd!v8dng of FfoJecl4 to ￿hants8 thp ènvlronrn4nl and ¢toalty q safo lacg Itl Ythlch to IEve. Wormng wlth
varfotsB ag8n¢Tès ¢rfmF piev8nttori and er¢GIIoD of allgy OatQ8 fo provld9 Q 19(￿￿ty fpr reoldgnts Ilvlng dIr&Cl￿ on
th8 Inknfar￿8,
Llalslnqwlth davelopqrs forthe provlsion of wc481 b)uslng ￿ Slrllcco sllo
Sqektno ihe relo¢aUon ol Tr4nsllnk 8'u8 0gPOt' so thot thls may ￿ brouglit ba¢k In Io ccqnmunlty uso for tho P￿rpOs9
of provi¥lon qualliy socfal houglnu and a yeMJthlhéafthlwgllb8lnu18porub￿trO fadTIty on th194tt0.
plon8 foyfijtyre perltxI8
The SSP Plorw eonunulng the q¢dv1tt9s otrjdlned 8bov8 ITr thg fthcomlng ye8￿ 8ubJ¢ct lo satl3fAthy fijrth
￿￿￿g9m￿lI8.
Flnan¢lal Revlghv
As rnentloned 8bovè wg. organlsoUon$, have b¥en Inspcure r¢9ardlryJ our fvtup ln tern￿ of 8tr818glo
Pl8nnlryg. The laok OF Éovemfft¢nt Oepartments 8n4 ¢IFedk)n ol what bavallgb18 ha$1gd to un¢#rtolnty rf whal
MO¥t g￿UpS pl8n ahgad for In Vto fvlwaln relatton lo fundlD9 Th18 can bè seen In ourfundlng durfng
the year and mog1 Importantly the d81148nGy of fia￿1$ of £13.72a atoury08r Ond. Wo hop9 thatln Ihocimlnu ygarour
In(￿a40 8md wo nanc￿]￿nut￿OurWolk to help the ¢ornffiunlly 8nd leko orb mora pnjeots..
Flnonol81 Re8uIIs
At the end of tho Iln8ndal year thd ￿MpanY hds a8sots of £125 (2024 - £1401 artd Upblllues of £470912024 -
Éf#,Jè6J. Tha nel Ilabllllle& DI Ihe company have d$¢r¢￿ed by £8,142.
Tho truBlee8 J*vod thrtsughoui the tknan¢lal your. except a8 noted, Wetg a$ fotlow4:
Conui Josoph Kgen4n
Paul
A9nos MOGIDI
Dessle Mccg
B8mle McQonngri
In occordanee Wlth ttpCon8111ullon. th& thjthès rettry by rntsllotl gnd, belng 9figlble. offgr thomsétV08for ro4leGtton.
Compllancewlth 8octorvWlde Leglolatlonand $14hdard8
The wnpAny enggg8& piTraollvdY wlUTr18018IAllon, $10nd8rd6 ond eod98 Ythlch d8v81op8d for tho 18ctr. Short
8ts8ndPartngr8hlp 8Uh8tt1be8.loand A eompltantwlth Ihg ftJlbwlbVJ:
Thè CoM￿nIe4 A¢t20D6
"Tho thorfUg9 SQRP (FRS102)

Tho trusl9è8, whts *0 8180 dlrèctors of 8hort81r8nd Parkngrshlp lorthg pur[￿¢$ ¢f eompony law, are feSFKin$lbl8 for
rep8rlng Ihg Ilnanclal glalemenls In a¢o)rd8nco wlth appllo4bi8law.and regulaUon¥,
company lawrowlro$ thg trust888 aglhg d1￿￿t￿l to propare flnanc181 gtatements for 98oh fl￿n￿laF¥e￿r. Under that
law U16 Irustsos hovo èlactd lo prep4ra the fln8nLlal slalomen18 In ac¢ordan¢o wllh ijnlied Klng¢S)m G&ngrnUy
A¢¢ePlod Att¢JunUng Pra¢Uc& Iunlled langdpm Accounung 8tandaTds ond appllcable law) Includlny FRS102 "Tho
Fln8ncl¥l B.&pordng Stsndard 8pplthb19 In th8 UK and Beputy￿00f IreiÈnd" li.nder comppny law Ih8truslooÈ MU91 riot
approvo the Ilnanc181 stqt8mpnts unk98 thay aro salisfl&d that Ihoy glvo a byJ6 ahd falrw ollh8 ?talg of offalrs ol
Iheromp4ny and ofth¥ net Inwmg4)r eX￿￿￿E1ure oflhe wmpany forlhAt POTlod,
In ptopadw theèè flnaithl *atgmenl8, tho irust0&8 ore requlrodt
oetgct ¥Ultabla accoyhttyg pollde8 ond 8p￿ thom ¢onsf$len
mukeludgeinents end è911mats8 Iltat arg re980nAbl8 and pru
Gtalo wh8thgr th8 flnanclal Blatetnents have been prgparfjd In wfih thg rolovant Ilnonrjal r¥ortlnu
frarneworK klenllfy tho8& 8t8fttJard&, rnto th& gff¢ck ?nd th& for gny m&lèrbl d8parhrn from tIK)89
standard8- aThd
the In8ndal stat8mBnts on th& uolDg uoncgrn bAstJ unlw tt 18 InappTowlalg to pre¥um8 that the
mpany ￿11 con￿n￿. In oporallon.
Th# trusi•g8 rnnllmi th81 thoy hav?￿p11q￿ ￿11) lh8 atsvo rèqulrgmentg In prgpaffnglhe ttnanclal $tate_mgnts.
Aavy4)klnffd In note S. 8tale whother th8 app11￿b￿ tn thg VKaTwJ Repubjlo of Irelpnd FRS 102 h83 been followed:
The trugtèes ar0 rg¥po'nslbl8 for keeplng adÈqu018 #ccountlng regords thÈt are Bufftcleni b 8huw and exphln fhg
¢ompanY8 trqn8aOtPons ¢Jlo¢1080 reasonthg accurw al any Ilm tha Ilnandal poyliloh of Ihtr ccmpany and
giiabio theni to onBure th81 thg financlal stat¢m8nts YAlh Ihe ¢ompgnlea Act 2C4)6: Th&y 8r9 4180 r¢5pon¥lt48
forsaloguardlng the assèts oftha ¢pn7pany and hgnoo for tothgfoa¥¢X]abi& stOP8 forlho prpventton afiddgtè¢tlo'n ol
fraudand olherlrregularttl8B.
Approvod th? BO4td tilTr￿t￿ 17 Octsb8r204 and$lynod M Ily behalf by:
D￿$18 M¢Qabu
Truste

Urttsbtrlrtod R8Strlcted
Funds
Fund8
20*5
2025
Total Unro*rlcted R95trloled
FLthd8
Fund
Fund$
2Q25
2024
2024
TfAal
Fbnds
2024
InoDnJlnH Resouro
chartta￿a0etivlttOb
- GroN19 froni 9r)vemrtionts
8nd other ¢Q&fyndor¢
950
44,950
45,649
tf5,fj4
ResourGgs EKpHnded
Ch8Tllatle att￿1
Olhor èxp8hdlture
43,838
43,830
1,911
43,T99
48.79D
3.628
Totsl ReJource5 ExpAnd8d
1,911
43,816
3,628
43,799
47,427
Net Inopn71ngloutgolng
resourceg b9fore transfgrs
btfora ox¢opt"lonal It•'m*
Ex(épUonal Ilèth
{1,glt)
r197)
(S,62U)
11,778)
6039
8,939
N•tlncomlD9loutgthg
rO￿Uree8 beforo IranNfer&
after px¢¢ptlonJl ftemo
7.018
1,114
8,142
(3.628)
(1,7781
rw&traN3feFF b8lWFpn
Noimov¢ment In fvnd• for
Iho Ilnanolal yoar
Recoh¢lllatlpD of
folal fvnds begknnlrfg oli
Y1128
8,1A2
P.fj281
1.850
.m>
2,120
(13,Y26) 111th)
28D
(11.946)
Total fvnd$ Aethg.•nd of
th• year
{8,￿8)
¥A44
{5,$84) {15.856)
2,130
{13.r28)
Th¢ 81a1pm￿l of Fln8n¢l914th1Ues In¢lud99 all galno ond fo86￿ roWl¥8d In tha nnanolal yoar.
I Incoma 8nd 8¥p￿¢[turn rglaie to ¢ontlnuln9 adLylllo9.
nple¥orvpfiges 1119 16 fom) finand818181dm8nt

ENeBAL INFQRMATEON
Shortstrand Pertne￿hIp l& a oom
omcg oflho aompany 18 26A Bee
ny Ihnltetl by guaraobA Inwrporatsd IiT Northèrn Ireland. Th8 reglgt9red
field Street, 3eifgst, BTS 4BQ which Is al80 Iho prfnolpal plale oFbuslnes
of the fjompaw, The flnanvhl 8taiem•nts hav8 b¢Bn pres8nlgd kn Paund (£) whkjh 1$ Al￿ the fun￿onal
urron¢yolthè company,
SUMMARY OF 81GNIFIQANT ACCOU.NTING POUCIE8
The ft)Uowl
acoobjnllng poll￿8 have b8en Appllad conglat•nlty In do￿[nU wlth ibm& YA)Ich ar9 con¥lderqd
vr*t8Ffd h aallon to th8 ¢harfty'8 ff￿￿cIal slatemont$.
Ba61s ofpreparatkin
The ffnarKlal 8lAlomont& haye been proparad under Ihg knmortoal Bost wnygnuon. modltI¢d to Includg
faln It￿$ atfair v4lue. Thg fiwndal atatemgnts havo boen prepared In H¢Gordan¢e wlth fhg slatemfflt
R￿UmMer*I¢d PracU¢e (SORP) "Accoundhg Rgpoitlng by Charftses preparlhg tholr e￿o￿nIS In
a¢cord&ne&iYllh the Nnanclal Rgporuro Standard aPF41oable h tha UK2nd RepubllGof Irelond FRS 102..
A8 lknrrrAtlgd by Ihg CoIrip8n10s Aot 2006, tha company IYg8 V4rfèrl the at8tsdard tOTmab In th41 ort for fhe
Statoment of Flnanclql AQllvlllg￿ and tho Balanoe Sh99t. Dèpartur09 fwm the 8tsndarf (prrnats ar4 to thply
vAlh tho roqulroments of the ¢harllla8 SORP and In oompllance Ydlh sectbn 4.7. 1Q.9 4nd 15.2 of that
Olatemafft of ¢ontrpllano•
The linandal gktèffjenls of tha company fr*1 the llnartc4al year gnded 3f March 2024 hav8 Prepared on
Ihg golng conogm ba81& and In ar*rdan¢8 wtth Ihe 8tal8ih¢nt èf Recommendgd Praoueo f8ORP)
'AcwunUng and RepJrEI by Chanwgs pr8partng Ibelr 9ccounts In a¢cordancq with Ihg Flnandal ReP￿Ing
standard gppJlcabl&ln the
Kand RepubMoo1lrel￿CI FRS 1.02
ash 8141¢n￿nt
The thpany bq8 avdl8d of tho exemp.llon ￿ FRS 102 fthn the raqulrgmgnt to Fxodbjce a tEih lknv
slats￿nfbg￿86 ￿18 da851fjed AB a *mail ¢omporiy.
In¢omlng R•sour¢e¥
Voluntary tnoomè or wltal Is Induded fvi the Stalemerft ot Ftnah¢tal Ac4[￿1[èl when Ihè ¢OmPany Is logamy
onlltlgd to IL It8 flnan¢lal valug Can ￿ wanoftqd ￿1￿ rg48onab18 llettslnty and Ihero 1$ rè&sonat*k* Q8rtalntyof
.tt& ultlmAtg racolpl. Enullomèntlo legaclasi8 o¥tgblrdhgd whon tho ¢ompftny hog bpen ofa
Islrfbuiicn lo b¢ mod& by lh9 0xectstot¥. Ih¢orn8 recelved In Hdvancè of (kne PQTbm8rt¢A a o)Dtracl [5
occountgd foTr g.& d¢feFr8d Irlcomg unUI eamèd. Qrants for a¢llvit188 ar& 'recogni8ed H8 Incom8 when thg
reloted'ryondllor)ifor lèfjai orttlU8mènthay6 mel. A]( other In¢otftg.b a¢wunted for.on on.o¢erUol8 baslg.
All te4oQr¢88e*pertdod ara acwuntad tr ch an arXr{￿$ bos18. Chorflabh a¢llth8 Inoludo of
grant8. BLPPQrt ￿tE deprodatipn on ￿14t￿j as8ét&. Coats ol rfèrgifng luNJ?. sliiill*ly Inoludp
ndralying acfivlllos. Non4tsff costs not to onp ￿41&gory of aGt
vlty affj all(x*ted or apporNon6d
PIfyTata lo Iho 8taffing ol the relevant serv[¢&. Ftnancp, HR IT ond admknljtrallvo et8ff ￿ats ero dlroot
8ttrlbutsblelo Irndlvrdu￿ ¥thlvltles by obleouve. Govemanc8 nosts.AMth088 a88udaled wlth wi8titullonal and
814tti.tyryrequlranerts.
Tanglble flx¢d oaso18 and41•prnc14thn
T8t*blè IIKéd 05$9ts arè 8latgd Ht cost or at val4talloA, fo88 a￿un￿lat9￿ depredallon. Tha d)arge to
d6predallon 1$ ¢al¢uloiod fg wrt18 off tho orfglnal ts081 orvaluatlon of14nqlbla fixgd a88ét61 lo'ss th•lrosttrrtotgd
r981du* valuetr ovor thokexpadfjd usefyl Ilveg 09 k410￿.
Flxfurè8.IItIlNg8 andequlpthenl
btor•
Dobtors re¢ognl88d ot" the 4#ttlethonl"amounf due after any dknounl 0￿red. Prepayment8 are.vwtUgd 4t
the 4muunt prppald npt of eny Ir8da dJscgLtnts In¢¢mg recognlsèd by tho ¢OmPttny frdm gov8mment
ogenatas Ind olhqrcTrfundor& hul noty9treoetvad at Yeor èntl, 1$ Inoluded In rf¢tytorn.
15% Reduclryj B81snce

ANALYSIS OFSUpPo￿¢0￿
2025
2024
D8preolallf
Wage3 and Salarf88
Au(llV Independenl Exqmlnadon
Supportr3)8t oateqorya
16
43,836
(Itr39}
18
43,799
1,880
3fjA72
45,497
NÈT IM¢oMING RESOIIRCES
2025
liet In¢omlng R￿Q￿r¢0$ arn $tstod aft•r charglnW(orodltlng}:
Depr8nlallon of tanglbie 888&ts
1&
EXCEPT1014ALITEMS
21125
2024
Oiher exo8pknal liem 8 laft&roperallng 8urplug)
NTEI¥ÉST PAYABLE ANO SNILAR CHAROES
2Q25
2024
On bank IrJ8n8 ov¢rdrafts
1,780
10.
ÈMPLOYEE3 AND REMUNERATION
Wwnberof 6mployqg5
The 4vprag8 numbgr of porn¢M gmpb)ye¢ Oncludlng ex8uJtlva In￿1?09) durJr¥J Ihg finan40.1 yoar yffis a8
foit(Ms:
2025
umb•r
2024
Numbor
NUmberolEM￿¥gQs
The staff costs comwf5è.'
2025
2024
Waugs 4ndaalqrfoa
8oclal 8eewtty ¢osts
4Q.761
3,075
3,044
43.830
43,799

15.
FUNDS
15.1 RECONQILIATION OF MOVEMENT IN FUNDS
Ulr￿tr1thd RoJtrlct•d
Fyndg
Fundg
Fund$
A¢ l Febiuary 2023
Movemgnt durlng tho y
(12,2#8)
(3,828)
11,948}
{1,7781
1,850
At 3f January 2024
Movement dvrkng finandal year
(16,B56)
7,028
2,130
1.114
{18,72fj)
6,142
At 31 January2025
18.928)
1S.2 ANALYSIgOF MQVEAIENTS ON FUNDS
Balanc
InGonw Expondllure Exoeptlonal TYanshr8
Balance
l Fobruaty
betweon 31 Jonuary
2024
fund8
2026
R￿trf¢1od fund8
Deportmgnl of
CommunlU88
Uhmtrlcted lund8
Untèstrl¢ted
1130
4£DBO 41836
(16,866)
1*911
8,93
(8,6281
Tot41 lufids
113,U6
H960
4J,747
8￿89
15,5841
15A ANALYSIS OF NEf LIABILMES BY FUND
Fjxed
s¥ets
.¢h8rlty
Curwetit
Curxent
Ilabllltl•s
Tol41
3,099
3,244
UDrgstrtcféd ganeral fvnd8
86
2411
(8,674
18,a2&)
88
2,B58
{8,$281
15,fja4)
16,
STATUS
¢OMpany b IIFfjfttya by guarantso noihuvlng a $hyrg capllol.
Th8 liqb11￿ of the member8 L9 Ilmlketl,
Evgry MembAr'of the compqny undgrtaw to EonldLluts 10 the 8B8Ot8 of111è Company In th9 ovenlol ft¥ belng
wo￿nd up whlb ihèy are m8mb8r$, Dr ￿thIn ong yoartheraafte'r, for tho p4yM8nt ot thg dgbts aTrJ liabllKt698 of
tho *)Jmpany ci>nlrq¢kd b￿0T& fhoy. to b8 mombgt8. ond Iho ts8tyb G￿.r9•￿aMd exp￿ of wlThdlnu
up.. ffnd. for IITO qdjustment of tha rtghts uf thé contrfbul¢Jr8 amoTrJ Ihgn$elvgs, 8Uch anY)unl
rewlrwj, nOt4X￿￿dI￿g£ 1.
13