THE DOCK TITANIC QUARTER
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 28 FEBRUARY 2023
Restricted Unrestricted
funds
funds
2023
2023
Total
funds
2023
Total
funds
2022
Note
Income from:
Donations and legacies
Charitable activities
Investments
88.727
600
311
88.727
1,922
329
51,253
17,656
34
1,322
18
Other income
4,317
4,317
Total income
1,340
93,955
95,295
68,943
Expenditure on:
Charitable activities
4,113
93,565
97,678
64,104
Total expenditure
4,113
93,565
97,678
64,104
Net {expenditure)lincome
Transfers be￿een funds
12.773)
12,072)
390
(2.383)
4, 839
16
2,072
Net movement in funds
14,845)
2,462
12,383)
4, 839
Reconciliation of funds".
Total funds brought foNard
Net movement in funds
5,105
14.845)
12,879
2.462
17,983
{2.383)
13,144
4, 839
Total funds carried forward
260
15.341
15.601
17,983
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 10 to 23 form part of these financial statements.
Page 8

THE DOCK TITANIC QUARTER
(A company limited by guarantee)
REGISTERED NUMBER: N1616637
BALANCE SHEET
AS AT 28 FEBRUARY 2023
2023
2022
Note
Fixed assets
Tangible assets
12
2.614
3,529
2,614
3,529
Current assets
Debtors
13
1.346
19,806
7,276
22,473
Cash at bank and in hand
21.152
29, 749
Creditors.. amounts falling due within one
year
14
(8.165)
(15, 294)
Net current assets
12,987
14,455
Total assets less current liabilities
15.601
17,984
Net assets excluding pension asset
15,601
17,984
Total net assets
15.601
17,984
Charity funds
Restricted funds
Unrestricted funds
16
16
260
15.341
5,105
12,879
Total funds
15,601
17,984
The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with
section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by..
Michele Marie Marken
Trustee
Date:
Harold Creeth Miller
Trustee
0911112023
The notes on pages 10 to 23 form part of these financial statements.
Page 9

THE DOCK TITANIC QUARTER
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
General infomiation
The Dock Titanic Quarter is a private company limited by guarantee and is incorporated and registered in
Northern Ireland under Company Registration Number N1616637 and is registered with Northern Ireland
Charity Commission under Charity Registration Number 100504.
The charitable company's registered office is Dock Cafe, 2A Queen's Road, Belfast, BT3 9DT.
The principal activity of the charitable company involves the running of a donation-based cafe in the
Titanic Quarter of Belfast, including a team of dedicated volunteers and chaplains from across all church
backgrounds.
Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP {FRS 102)
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 (FRS 1021 (effective 1 January 2019), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The Dock Titanic Quarter meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy.
2.2 Income
All income is recognised once the Company has entitlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balan￿ of
income received for specific purposes but not expended during the period is shown in the relevant
funds on the Balance sheet. Where income is re￿iVed in advan￿ of entitlement of re￿ipt, its
recognition is deferred and included in creditors as deferred income. Where entitlement occurs
before income is received, the income is accrued.
Income tax recoverable in relation to investrnent income is recognised at the time the investment
income is re￿1Vable.
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third party, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable to a single activity are apportioned between those activities on a basis consistent with
the use of reSoUr￿s. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Company's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
Page 10

THE DOCK TITANIC QUARTER
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
Accounting policies (continued)
2A Interest receivable
Interest on funds held on deposit is induded when re￿1vable and the amount can be measured
reliably by the Company., this is nomally upon notification of the interest paid or payable by the
institution with whom the funds are deposited.
2.5 Tangible fixed assets and depreciation
Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible
fixed assets are measured at cost less accumulated depreciation and any accumulated impairment
losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be
included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives,
Depreciation is provided on the following basis=
Fixtures and fittings
200/0 Straight line
2.6 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.7 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.8 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balan￿ sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or
the amount it has received as adVan￿d payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of financial activities as a finan￿ cost.
2.9 Financial instruments
The Company only has financial assets and finanaal liabilities of a kind that qualify as basic financial
instnjments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value with the ex￿ptIOn of bank loans which are subsequently
measured at amortised cost using the effective interest method.
Page11

THE DOCK TITANIC QUARTER
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
Accounting policies (continued)
2.10 Pensions
The Company operates a defined contribution pension scheme and the pension charge represents
the amounts payable by the Company to the fund in respect of the year.
2.11 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectsves of the Company and which have not been designated for other
purposes.
Restricted funds are funds which are to be used in accordan￿ with specific restrictions imposed by
donors or which have been raised by the Company for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
Income from donations and legacies
Unrestricted
funds
2023
Total
funds
2023
Donations
88,727
88,727
Unrestricted
funds
2022
Total
funds
2022
Donations
51,253
51,253
Income from charitable activities
Restricted Unrestricted
funds
funds
2023
2023
Total
funds
2023
Grant income
Co-operation Ireland - Safe Retum Fund
DI0￿Se of Down & Dromore
Black Santa grant from Belfast Cathedral Board
472
472
600
600
850
850
1,322
600
1,922
Page 12

THE DOCK TITANIC QUARTER
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
Restricted Unrestricted
funds
funds
2022
2022
Total
funds
2022
Grant income
Co-operation Ireland - Safe Retum Fund
Coronavirus Job Retention Scheme
NL Community Fund
DI0￿Se of Down & Dromore
Black Santa grant from Belfast Cathedral Board
1,240
1,240
5,366
10,000
600
450
5,366
10,000
600
450
11,240
6,416
17,656
Investment income
Restricted Unrestricted
funds
funds
2023
2023
Total
funds
2023
Investment income - interest received
18
311
329
Restricted Unrestricted
funds
funds
2022
2022
Total
funds
2022
Investment income - interest re￿iVed
28
34
Page 13

THE DOCK TITANIC QUARTER
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
Other incoming resources
Unrestricted
funds
2023
Total
funds
2023
Total
funds
2022
Insuran￿ claim
4,317
4,317
Anatysis of expenditure on charitable activities
Summary by fund type
Restricted Unrestricted
funds
funds
2023
2023
Total
2023
The advancement of religion
4,113
93,565
97,678
Restricted Unrestricted
funds
funds
2022
2022
Total
2022
The advan￿ment of religion
3, 585
60,519
64,104
Anatysis of expenditure by activities
Activities
undertaken
directly
2023
Support
costs
2023
Total
funds
2023
The advan￿ment of religion
85,541
12,137
97.678
Page 14

THE DOCK TITANIC QUARTER
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
Analysis of expenditure by activities (continued)
Activities
undertaken
directly
2022
Support
costs
2022
Total
funds
2022
The advan￿ment of religion
55, 093
9,011
64,104
Anatysis of direct costs
Religious
activities
2023
Total
funds
2023
Staff costs
36,917
36,433
10,692
558
36,917
36,433
10,692
558
Supplies for the Cafe
Building related costs
Grant expenditure
Telephone and email
Insuran
371
371
570
570
85,541
85,541
Religious
activities
2022
Total
funds
2022
Staff costs
Supplies for the Cafe
Building related costs
Grant expenditure
Telephone and email
Insuran
25, 206
16,029
9, 383
3,585
340
550
25,206
16,029
9,383
3,585
340
550
55, 093
55,093
Page 15

THE DOCK TITANIC QUARTER
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
Analysis of expenditure by activities (continued)
Analysis of support costs
Religious
activities
2023
Total
funds
2023
Supplies for the Cafe
Building related costs
Professional fees
Bank charges and fees
Governan￿ costs
1,218
3,678
2,727
1,106
3,408
1,218
3,678
2,727
1,106
3,408
12,137
12,137
Religious
activities
2022
Total
funds
2022
Supplies for the Cafe
Building related costs
Professional fees
Bank charges and fees
Governan￿ costs
752
1,325
2,983
702
752
1,325
2,983
702
3,249
3,249
9,011
9,011
Independent examiner's remuneration
2023
2022
Fees payable to the Company's independent examiner for the independent
examination of the Company's annual accounts
Fees payable to the Company's independent examiner in respect of:
All other ServI￿S not included above
2.490
2,264
1,836
2,247
Page 16

THE DOCK TITANIC QUARTER
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
10. Staff costs
2023
2022
Wages and salaries
Contribution to defined contribution pension schemes
36,246
671
24, 762
445
36,917
25,207
The average number of persons employed by the Company during the year was as follows..
2023
No.
2022
No.
Support staff
No employee received remuneration amounting to more than £60,000 in either year.
11.
Trustees, remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2022 - £NIL).
During the year ended 28 February 2023, no Trustee expenses have been incurred (2022 - £NIL).
Page 17

THE DOCK TITANIC QUARTER
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
12. Tangible fixed assets
Fixtures and
fittings
Cost or valuation
At 1 March 2022
24,550
At 28 February 2023
24,550
Depreciation
At 1 March 2022
21,021
915
Charge for the year
At 28 February 2023
21,936
Net book value
At 28 February 2023
2,614
At 28 Febwary 2022
3,529
13. Debtors
2023
2022
Due within one year
Other debtors
Prepayments and accrued income
51
1.295
40
7,236
1,346
7,276
Page 18

THE DOCK TITANIC QUARTER
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
14. Creditors: Amounts falling due within one year
2023
2022
Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income
5,057
12,389
290
608
115
2.500
2,500
8,165
15,294
15.
Financial instruments
2023
2022
Financial assets
Financial assets measured at fair value through income and expenditure
19.806
22,473
Financial assets measured at fair value through income and expenditure comprise of cash at bank and
cash in hand.
Page 19

THE DOCK TITANIC QUARTER
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
16. Statement of funds
Statement of funds - current year
Balance at
Transfers 28 February
inlout
2023
Balance at 1
March 2022
Income Expenditure
Unrestricted funds
General Funds - all funds
12,879
93.955
(93.565)
2.072
15.341
Restricted funds
Restricted Funds- all funds
5,105
14,113)
12,072
260
Total of funds
17,984
95,295
(97,678)
15,601
ststement of funds - prior year
Balan￿ at
l March
2021
Balance at
Transfers 28 February
in/out
2022
Income Expenditure
Unrestricted funds
General Funds - all funds
13,146
57,884
{58, 151)
12,879
Restricted funds
Restricted Funds- all funds
11,059
(5, 954)
5,105
Total of funds
13,146
68, 943
(64, 105)
17,984
Page 20

THE DOCK TITANIC QUARTER
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
17. Summary of funds
Summary of funds - current year
Balance at
Transfers 28 February
inlout
2023
Balance at 1
March 2022
Income Expenditure
General funds
Restricted funds
12,879
5.105
93.955
(93.565)
(4,113)
2.072
(2,072)
15,341
260
17,984
95,295
(97,678)
15,601
Summary of funds - prior year
Balan￿ at
l March
2021
Balance at
28 February
2022
Income Expenditure
General funds
Restricted funds
13, 146
57,884
11,059
(58,151)
(5, 954)
12,879
5,105
13, 146
68, 943
(64, 105)
17,984
Page 21

THE DOCK TITANIC QUARTER
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
18. Analysis of net assets between funds
Analysis of net assets between funds - current year
Restricted Unrestricted
funds
funds
2023
2023
Total
funds
2023
Tangible fixed assets
Current assets
Creditors due within one year
2,614
20,892
(8,165)
2,614
21,152
(8.165)
260
Total
260
15,341
15,601
Anatysis of net assets between funds - prior year
Restricted Unrestricfed
funds
funds
2022
2022
Total
funds
2022
Tangible fixed assets
Current assets
Creditors due within one year
3, 529
24, 644
(15,294J
3,529
29, 749
(15,294J
5, 105
Total
5, 105
12,879
17,984
Page 22

THE DOCK TITANIC QUARTER
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
19.
Pension commitments
The company operates a defined contributions pension scheme. The assets of the scheme are held
separately from those of the company in an independently administered fund. The pension cost charge
represents contributions payable by the company to the fund and amounted to £671 (2022 - £445).
Contributions totalling £144 (2022 - £118) were payable to the fund at the balan￿ sheet date and are
included in creditors.
20. Related party transactions
The Company has not entered into any related party transaction during the year, nor are there any
outstanding balances owing between related parties and the Company at 28 February 2023.
21.
Going concem
The company's charitable activities, together with the factors likely to affect its future development,
performance and position are set out in the Trustee's Report.
The Charity meets its day to day working capital requirements through its voluntary income. The current
economic conditions create some uncertainty over the levels of funding that will be available for future
periods, although the Trustees are of the opinion that the Charity's activities for generating funds will
continue to provide adequate funds.
The Trustee's have a reasonable expectation that the Charity has adequate resources to continue in
operation for the foreseeable future. Accordingly the Trustees continue to adopt the going concern basis in
preparing the annual reports and accounts.
22. Controlling party
The ultimate controlling party of the Charity is the Board of Trustees.
Page 23