Charity Number: 100698
Ardaluin Regeneration Trust
Annual Report and Unaudited Financial Statements
for the financial year ended 31 March 2024
Mccleary & Company Ltd
Chartered Accountants
Garvey Studios
14 Longstone Street
LISBURN
Co Antrim
BT28 1TP

Ardaluin Regeneration Trust
CONTENTS
Page
Trustees, and Other Information
Trustees, Report
Statement of Trustees, Responsibilities
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Accounting Policies
Notes to the Financial Statements
10-12
Supplementary Information relating to the Financial Statements
14

Ardaluin Regeneration Trust
TRUSTEES. AND OTHER INFORMATION
Trustees
Stephen Dickson
James Armstrong
John Harold Baird (Resigned 10 November 2023)
lan Douglas
Mary Gillespie
Chairperson
Thomas Scott
Charity Nurnber in Northern Ireland
100698
Princlpal Address
Clo Belfast Activily Cenlre
Barnett's Stable Yard
Barnett Demesne
Malone Road
Belfast
Co Antrim
BT9 5PB
Independent Examiner
Mccleary & Company Ltd
Chartered Accountants
Garvey Studios
14 Longstone Street
LISBURN
Co Anlrim
BT28 1 TP

Ardaluin Regeneration Trust
TRUSTEES, REPORT
for the financial year ended 31 March 2024
The trustees present their Trustees, Report and the unaudited financial statements forthe financial year ended 31 March
2024.
The financial statements are prepared in accordance with the Charitie5 Act (Northern Ireland) 2008, FRS 102 "The
Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102}.
The Trustees, Report contains the information required to be provided in the Trustees, Annual Report under the
Statement of Recommended Practi￿ ISORP) guidelines. The trustees of the charity are also charity trustees for the
purpose of charity law and under the charity's constitution are known as members of the board of trustees.
In this report the trustees of Ardaluin Regeneration Trust present a summary of its purpose, governance, activities,
achievements and finances for the financial year 31 March 2024.
Mission, Objectives and Strategy
Mission Ststsment
Organisation and Principal Activity
Ardaluin Trust was originally formed by a Declaration of Trust dated 8 October 1970 and govemed by a Cy-pres Scheme
approved in the High Court of Justice in Northern Ireland {Chancery Division) on 9 June 1997. In exercise of the powers
given to the Trust as clause 6n of the Scheme the Trustees resolved to change Ihe name of the Scheme to Ardaluin
Regeneration Trust at a Board meeting held on 4 April 2011.
Ardaluin Regeneration Trust was first registered as a Charity for tax purposes by HM Revenue and Customs on 21
November 2011. Charity Regislralion No. XT31161. Ardaluin Regeneration Trust was registered as a Charity with the
Northern Ireland Charity Commissioner on 28 October 2014, Registration Number NIC100698.
Objects and Powers
Ardaluin Regeneration Trust provides residential and camping accommodation primarily for community-based groups
and organisations. registered charities, social enterprises and nol-for-profit organisations and schools. The Trust aims
to engage people from all backgrounds through programmes of activity that provide personal and social development
opportunities primarily for young people to help them to explore and reach their full potential.
The Trust provides access and accommodation to their residential propety Ardaluin House. an on-site camping site
and grounds to support the promotion and delivery of personal and social development programmes.
The Trust facililates a holistic approach to the needs and aspirations of the individual, ensuring safe. inclusive, but
challenging opportunities that are "Changing lives and building futures" across Northem Ireland.
Belfast Activity Centre, as the approved operating partner forArdaluin Regeneration Trust provided the following Centre
Accreditations and Professional Memberships
BAC successfully retained the Gold Standard and Adventure Mark accreditation from the Association of Heads of
Outdoor Education Centres (AHOEC)
Institute of Outdoor Learning {IOL) Membership
Institute of Ouldoor Leaming (IOL) Approved Conlinuing Personal Development (CPD) Provider
Open College Ne￿ork (OCNI Qualifying and Programme Centre
Learning Outside the Classroom {LOC) Quality Badge
Duke of Edinburgh Award (DOE) Licensed Centre
Duke of Edinburgh Award (DOE) Approved activity provider for Award Expedition Section
National indoor Climbing Award Scheme (NICAS) Approved Centre for delivery lo Level 1 and Level 2.
ASDAN Education Awarding Centre
John MuirAward Group Member
British Heart Foundation Affiliated Heart Start Training Provider
HSE Approved Rescue Emergency Care (REC) First Aid Training Provider
ART supported Revenue (Short and Longer lerm residential and camping programmes)
Demand for short-lem outdoor adventure activities and longer-tenn learning outside the classroom programmes
increased with high demand from the formal School's sector.
Work with the youth and community also recognised a return to pre-covid levels from both the voluntary and statutory
sectors contracting a range of programmes that addressed issues of rebuilding confidence, peer to peer and social

Ardaluin Regeneration Trust
TRUSTEES, REPORT
for the financial year ended 31 March 2024
communications, problem solving, molivation and prolonged physical inactivity under over-arching themes of health
and well-being particularly amongst primary more than post primary aged groups of children.
Dept. of Justice grant funded BAC Adventure Investigator programmes to 3 Primary Schools delivered by our operating
and programme delivery partner, Belfast Activity Centre IBAC).
Structure, Governance and Management
Govemanoe
Governing document
The charity is controlled by its goveming document, a deed of trust and constitutes an unincorporated charity.
Financial Review
Ardaluin Regeneration Trust seeks to comply with Best Practice in managing the fInan￿S of the Centre and as outlined
in the Reserves policy should hold adequate reserves to cover 3 months, full running costs of the centre. The results
for Ihe financial year are set out on page and additional notes are provided showing income and expenditure in grealer
detail
Results and Dividends
Al the end of the financial year the charity has assets of £743.109 (2023 £722,535) and liabilities of £11,480 (2023 -
£6,573). The net assets of the charity have increased by £15,667.
Reserves Position and Policy
The Board of Trustees of Ardaluin Regeneration Trust will endeavour to accumulate reserves which amount to up to
six months, full operating costs of Ihe centre. The Board believes this to be an acceptable reseNe and contingency. 11
the Charity was fortunate enough to reach this amount of reserve. the Board would table a discussion as to how funds
could be expended or invested, in-line with the work of the charity.
Principal Risks and Uncertainties
Risk Policy
Risk Management is a high priority in Ihe work of the centre. Physical Risk is monitored daily due lo the nature of
outdoor activities. All staff are provided with training in risk management and the Cenlre has a Health and Safely
Advisory Committee of independent advisors who meet quarterly.
The BAC Board are tasked wilh the Governance of the Centre. The Board carries out regular management analysis on
all aspects of Ihe Centre's work.
The charity engages pro-actively with legislation. standards and codes which are developed for the sector.
Approved by the Board of Trustees on 29 November 2024 and signed on Its behalf by:
Thomas S
Chairpers

Ardaluin Regeneration Trust
STATEMENT OF TRUSTEES, RESPONSIBILITIES
for the financial year ended 31 March 2024
The trustees are responsible for preparing the financial statements in accordance with applicable law and regulations.
The law applicable to charities in Northern Ireland requires the trustees to prepare financial statements for each financial
year which give a true and fair view of the assets, liabilities and financial position of the charity as at the financial year
end date and of the surplus or deficit of the chariiy and otherwise comply with the Charities Act (Northern Ireland) 2008.
In preparing these financial statements, the trustees are required to..
select suitable accounting policies and apply them consistently.,
observe the methods and principles in the Charities SORP
make judgements and accounting eslimales that are reasonable and prudent-
slate whether the financial statements have been prepared in accordance with applicable accounting standards,
identify those standards, and note the effect and the reasons for any material departure from those standards,. and
prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity
will continue in operation.
The trustees confirm that they have complied with the above requirements in preparing the financial statements.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the
charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable
them to ensure Ihat the financial statements comply wilh the Charities Act {Northern Ireland) 2008. They are also
responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevenlion and
detection of fraud and other irregularities.
Approved by the Board of Trustees on 29 November 2024 and signed on its behalf by:
Thomas
Chairpers
co

Ardaluin Regeneration Trust
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES
OF ARDALUIN REGENERATION TRUST
I have examined the financial statements of the charity for the financial year ended 31 March 2024, which comprise the
Statement of Financial Activities, the Balance Sheet, the Accounting Policies and the related notes.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible forthe preparation of the financial slatemenls in accordance with Ihe requirements
of the Charities Act (Northern Ireland) 2008. The charity's trustees consider Ihal an audit is not required for this financial
year under the Charilies Act (Northern Ireland) 2008 and that an independent examination is required.
It is my responsibility to..
examine the financial slatements under section 65 of the Charities Act.,
follow the procedures laid down by the general Directions given by the Charity Commission for Northern Ireland
under section 65(91(bl of the Charities Act., and
slate whether particular matters have come to my attention.
Basis of independent examiner's report
I have examined your charity financial slatements as required under section 65 of the Charities Act and my examination
was carried out in accordance wilh the general Directions given by the Charily Commission for Northern Ireland under
section 65(9){b) of the Charities Act. An examination includes a review of the accounting records kept by the charity
and a comparison of the financial statements presented with those records. It also includes consideration of any unusual
items or disclosures in the financial statements and seeking explanations from the trustees concerning any such
matters. The procedures undertaken do not provide all the eviden￿lhatW0U1d be required in an auditand consequently
no opinion is given as to whether the accounts present a 'lrue and fairf view and the report is limited to those matters
set out in the statement below.
In connection with my examination, no matter has come to my attention which gives me cause to believe that in, any
material respect..
accounting records were not kept in accordance with section 63 of the Charities Act
the financial statements do not accord with those accounting records
there is fvrther information needed for a proper understanding of the accounts to be reached.
Independent examiner's statement
I have no concerns and have come across no other matters in connection with the examination to which attention should
be drawn in this report to enable a proper understanding of the financial statements to be reached.
John"
eary FCA
MCCLEARY & COMPANY LTD
Chartered Accountants
Garvey Studios
14 Longstone Street
LISBURN
Co Anlrim
BT28 1TP
Date: 29 November 2024

Ardaluin Regeneration Trust
STATEMENT OF FINANCIAL ACTIVITIES
for the financial year ended 31 March 2024
Unrestricted Restricted
Funds
Funds
2024
2024
Total Unrestricted Restricted
Funds
Funds
Funds
2024
2023
2023
Total
Funds
2023
Notes
Incoming Resources
Voluntary Income
Activities for generating
funds
Investments
Other income
48,071
48,071
81,167
5,941
5,941
97,485
81,167
97,485
119
207
119
207
24
943
24
943
Total Incoming resources
81,493
48,071
129,564
98,452
5,941
104,393
Resources Expended
Charitable activities
75,826
38,071
113,897
113,117
5,941
119,058
Net incomingloutgoing
resources before transfers
5.667
10,000
15,667
{14,665)
(14,6651
Gross transfers be￿een
funds
Net movement in funds for
the financial year
5,667
10,000
15,667
(14,6651
{14.665)
Reconciliation of funds:
Total funds beginning of the
year
11
715,962
715,962
730,627
730.627
Total funds at the end of
the year
721,629
10,000
731.629
715,962
715,962
The Statement of Financial Activities includes all gains and losses recognised in the financial year.
All income and expenditure relate to continuing adivities.

Ardaluin Regeneration Trust
BALANCE SHEET
as at 31 March 2024
2024
2023
Notes
Fixed Assets
Tangible assets
695,525
715,229
Current Assets
Debtors
Cash at bank and in hand
36,587
10,997
277
7,029
47,584
7,306
Creditors: Amounts falling due within one year
111,480)
(6,573)
Net Current Assets
36.104
733
Total Assets less Current Liabilities
731.629
715,962
Funds
Restricted trust funds
General fund (unrestricted)
10,000
721,629
715,962
Total funds
731,629
715.962
Approved by the Board of Trustees and authorised for issue on 29 November 2024 and signed on its behalf
by
Thomas Scott
Chairperson

Ardaluin Regeneration Trust
ACCOUNTING POLICIES
for the financial year ended 31 March 2024
Basls of preparation
The financial statements have been prepared on the going concern basis under the historical cost convention, modified
to include certain items at fair value. The financial statements have been prepared in accordance with the Statement of
Recommended Practice (SORP) "Accounting and Reporting by Charities preparing their accounts in accordan￿ with
the Financial Reporting Standard for Smaller Entities {Ihe FRSSEI {effeclive 1 January 2015)°, and 'The Financial
Reporting Standard for Smaller Entities {effective January 2015)"
Restricted funds
Reslricled funds represent income re￿iVed which can only be used for particular purposes, as specified by the donors.
Such purposes are within the overall objectives of the charity.
Unrestricted designated funds
Unrestricted funds consist of General and Designated funds.
General funds represent amounts which are expendable at the discretion of the board. in furtheran￿ of the objectives
of the charity-
Designated funds comprise unrestricted funds that the board has, al its discretion. set aside for particular purposes.
These designalions have an administrative purpose only, and do not legally restrict the board's discretion to apply the
fund.
Incoming Resources
Income is recognised by inclusion in the Statement of Financial Activities only when the charity is legally entitled to the
income. performance conditions attached to Ihe item(s} of income have been met, the amounts involved can be
measured wilh sufficient reliability and it is probable that the income will be received by the charity.
Resources Expended
Expenditure is analysed be￿een costs of charilable activities and raising funds. The costs of each activity are
separately accumulated and disclosed and analysed according to their major components. Expenditure is recognised
when a legal or constructive obligation exists as a result of a past event. a transfer of economic benefits is required in
settlement and the amount of Ihe obligation can be reliably measured. Support costs are those functions thal assist the
work of the charity but cannot be attributed to one activity. Such costs are allocated to activities in proportion to staff
time spent or other suitable measure for each acttvity.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is
calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value. over their
expected useful lives as follows..
Land and buildings freehold
Plant and machinery
Fixlures, fittings and equipment
2 /0 on cost
200/0 on cost
20 % on cost
Taxation
The charity is exempt from tax on its charitable activities.

Ardaluin Regeneration Trust
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
GENERAL INFORMATION
Ardaluin Regeneration Trust is a charity incorporated in Northern Ireland. The registered office of the charity
is also the principal place of business of the charity. The financial statements have been presented in Pound
(£) which is also the functional currency of the charity.
INCOME
DONATIONS AND LEGACIES
Unrestricted Restricted
Funds
Funds
2024
2023
Donations and legacies
48,071
48,071
5,941
OTHER TRADING ACTIVITIES
Unrestricted Restricted
Funds
Funds
2024
2023
Other trading activities
81,167
81.167
97.485
INVESTMENTS
Unrestricted Restricted
Funds
Funds
2024
2023
Investments
119
119
24
OTHER INCOME
Unrestricted Restricted
Funds
Funds
2024
2023
other income
207
207
943
EXPENDITURE
CHARITABLE ACTIVITIES
Direct
Costs
other
Costs
Support
Costs
2024
2023
Expenditure on charitable activites
38.328
75,569
113,897
119,058
SUPPORT COSTS
Charitable
Activities
2024
2023
Support
75,569
75,569
83,751
ANALYSIS OF SUPPORT COSTS
2024
2023
Support
75,569
83,751
NET INCOMING RESOURCES
2024
2023
Net Incoming Resources are statsd after chargingl{crediting):
Depreciation of tangible assets
19.704
25.652
10

continued
Ardaluin Regeneration Trust
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
INVESTMENT AND OTHER INCOME
2024
2023
Bank interest
119
24
TANGIBLE FIXED ASSETS
Land and
buildings
freehold
Plant and
Fixtures,
machinery fittings and
equipment
Total
Cost
At 31 March 2024
887,978
33.341
13,616
934,935
Depreciation
At 1 April 2023
Charge for the financial year
184,307
13,316
24,338
5.729
11,061
659
219.706
19,704
At 31 March 2024
197,623
30,067
11,720
239.410
Net book value
At 31 March 2024
690,355
3,274
1,896
695,525
At 31 March 2023
703,671
9,003
2,555
715,229
DEBTORS
2024
2023
Other debtors
Prepayments and accrued income
30.987
5,600
277
36,587
277
CREDITORS
Amounts falling due within one year
2024
2023
Trade creditors
Accruals and deferred income
589
10,891
2,699
3.874
11,480
6,573
10.
RESERVES
Funds
Total
Surplusl(Deficit) for the financial year
15,667
15,667
At the end of the year
15,667
715,962
731,629
11

continued
Ardaluin Regeneration Trust
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
11.
FUNDS
11.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unrestricted Restricted
Funds
Funds
Total
Funds
At 1 April 2022
Movement during the financial year
730,627
(14,665)
730,627
(14.665)
At 31 March 2023
Movement during the financial year
715,962
5.667
715,962
15,667
10,000
At 31 March 2024
721,629
10,000
731,629
11.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
Income Expenditure
Transfers
between
funds
Balance
31 March
2024
2023
Restricted funds
Dept of Justice ARCS
Big Lottery - Dormant Accounts
9,650
38,421
9,650
28,421
10,000
48,071
38,071
10,000
Unrestricted funds
Unrestricted General
Building Fund
344,258
371,704
81,493
75,826
9,312
19.312)
359,237
362,392
715,962
81.493
(75,826)
721,629
Totsl funds
715.962
129,564
113.897
731.629
11.3 ANALYSIS OF NET ASSETS BY FUND
Fixed
assets
harity use
Current
assets
Current
liabilities
Total
Restricted trusl funds
10.000
10,000
Unrestricted general funds
695.525
37,584
(11,480)
721,629
695,525
47,584
111,4801
731,629
12.
TRUSTEES. REMUNERATION
There were no trustees, remuneration or benefits for the year ended 31 March 2024 nor for the period ended
31 March 2023
13.
RELATED PARTY TRANSACTIONS
Belfast Aclivity Centre. a limited company with Trustees in common, looks after some of the administration in
behalf of Ardaluin Regeneration Trust, whilst Ardaluin Regeneration trust provides services to Belfast Activity
Centre on a commercial basis.
Included in Debtors is a balance due from Belfast Activity Centre of £30,987. (2023 £277)
14.
POST-BALANCE SHEET EVENTS
There have been no significant events affecting the Charity since the financial year-end.
12

ARDALUIN REGENERATION TRUST
SUPPLEMENTARY INFORMATION
RELATING TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024

Ardaluin Regeneration Trust
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS
Operaling Statement
for the finanaal year ended 31 March 2024
2024
2023
Income
Unreslricted grants
Accommodalion Income
Other income
48,071
81.167
207
5,941
97.485
943
129.445
104,369
Cost of generating funds
Programme costs
38,328
35.307
38,328
35.307
Gross surplus
91.117
69,062
Expenses
Establishment costs
Insurance
Repairs and maintenance
Accountancy
Bank charges
Depreciation
44,973
3,777
5,893
1,095
127
19,704
29.236
3,160
24,457
1,126
120
25,652
75.569
83,751
Miscellaneous income
Bank interest
119
24
Net surplusl(deficit)
15,667
{14,665)