Company Registration Number: N1604474
Charlty Number: 101347
Belfast Activity Centre
(A cornwny limited by guarantee, not havlng a 8har• capltal)
Annual Report and Audited Financial Statements
for the financlal year ended 31 March 2025

Belfast Activity Centre
IA company Irmil¢d by guarantee. not havlng a shar• eapltall
CONTENTS
Page
Trustees and Other Information
Trustees, Annual Report
Statement of Trustees, Responsibilities
Independent Auditor's Report
ststement of Flnanclal Activities
10
Balance Sheet
Statement of Cash Flows
12
Notes to the Financial Statements
13-19
Supplamentary Information relating to the Financlal Statement5
21

Belfast Activity Centre
(A company Ilmlt$d by guarantee, not having a shar& capEtall
TRUSTEES AND OTHER INFORMATION
Trustees
Mr Thomas Scott
Mr lan Douglas
Ms Sarah Pamela Ballantine
Ms Claire Maria McNicholl (Resigned 18 November
20241
Mr Lewis William Graharn Given
Mr Scott Hamlllon
Mr Robbie Milliken
Charlty Number In Northern Iroland
101347
Company Reglstratlon Numbor
N1604474
Roglstsrod Offie• and Prlnclpal Addre88
88mett's Stable Yard
B8rnett Demesne
Malone Road
Belfast
Co Antrim
BT9 5P8
Audltors
Mccleary & Company Ltd
Chartered Accountants
Garvey Studios
14 Longstone Street
Lisbum
Co Anlrlm
BT28 1 TP

Belfast Activity Centre
IA company limlted by guarant••, not having a share capital)
TRUSTEES. ANNUAL REPORT
for the financial year ended 31 March 2025
The trustees present their Trustees, Annual Report, combining the Directors. Report and Trustees, Report, and the
audited financial statements for the financial year ended 31 March 2025.
The financial statements are prepared in accordance with the Companies Act 2006. FRS 102 Yhe Fin8ncial Reporting
Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Stslement of
Recommended Practlce applicable lo charities preparing their financial statements in accordance with the Financial
Reporting Standard applicabl8 in the UK and Republic of Ireland IFRS 1021.
The Trustees, Report contains the information required to be provided in the Trustees, Annual Report under the
Statement of Recommended Practice ISORPI guidelines. The trustees of the charity are also charity Iruslees 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 tru$l&8$ of Belfast Activity Centre present a summary of its purpose, governance, activities,
achievèments and finances for the financial year 31 March 2025.
The charity is a reglst8red charlty and hence the report and résults are pr8senled In 8 fomi whlch comrAies wlth the
requirements of the Companies Act 2006 and, although not obliged lo ¢omply with the Slalement of Recommended
Practice applicable in the UK and Republic of Ireland FRS 102, th8 organisalion has implemented its recommendations
where r8levant in these financial slalements.
StructUfO. Govgrnanco and Management
structurg
Based on the Memorandum and Articles of Association accepted by Companles House. Belfa51 on 17 September 2010
for the incorporation of Belfast Activity Centre as a Private Company Llmiled by Guarantee (Company No. N16044741.
First registered as a Gharity for tax purposes with HM Revenue and Customs in 1990, Charity registrallon No. XN82053
and reaffirmed on 17 September 2010.
Registered as a charity with the Northem Ireland Charity Commission8r, registration on 12 January 2015, Charity
Registration No. NIC101347.
Governance
The charity is controlled by its governing document. a deed of trust, and constitutes a limited company. limited by
guarantee, as defined by the Companies Act 2006.
Flnanclal Revlew
The results for the financial y8ar are set out on page 10 and addition81 notes are provided showing income and
expènditure in greater detail.
Flnanclal Results
At the end of tha flnancial year th8 charity has assets of £706,568 (2024 - £658.0571 and liabilill&s of £213,99812024
£109,492). The net assets of the charity have decreased by £155,995).
Reserves Posltlon and Policy
The Board of Directors l Trustees of Belfast Activity Centre will endeavour to accumulate reserves which amount to six
months full runnlng costs of the cenlrg. The Board beli8ve this lo b8 an acceptable reserve and conlingoncy. 11 the
Charity was fortunate enough to ￿a¢h this amount of reserve, the Board would table a discusgion as to how funds could
be expended or invested, in-linè with the worf( of the charity.
Prln¢lpal Risks and Uncgrtalnlies
Risk Management is a high priority In Ihe work of the centr8. Physical Risk 15 monitor8d daily due to the natvre of
outdoor a¢livilies. All slaff are provided with training in risk management and the Centre has a Health and Safety
Advisory Committee of independent advisors who meet quarterfy.
The BAC Board are tasked with the Govemance of the Centre. The Board carries out regular management analysis on
all aspec15 of the Cenlre's work.

Belfast Activity Centre
IA company1Smlt8d by guarant••, not having a Share capital)
TRUSTEES. ANNUAL REPORT
for the financial year ended 31 March 2025
Trustoès
The trustees who seNed throughout the financial year. except as noted, were as follows..
Mr Thomas Scott
Mr lan Doug18S
Ms Sarah Pamela Ballantine
Ms Claire Mada McNi¢holl IReslgn8d 18 November 20241
Mr Lewis William Graham Given
Mr Scott Hamilton
Mr Robbie Milliken
Cornpllancg With Sector-wide Legislation and Standards
The charity engages pro-actively with legislation. standards and codes which are d8v8lop8d for the sector. Belfast
Activity Centre subscribes to and is compli8nt wilh the following..
The Compan195 Act 2006
The Charities SORP IFRS 1021
8AC would like lo tske thls opportunlty to thank all Its fundèrs and support8rs over th8 past year.
The Audltor$
The auditors, Mccleary & Company Ltd {Chartered Accountsntsl have Indicated their wllllngnesg to conlSnue In office
in accordance with the provisions of Section 485 01 the Companies Act 2006.
Approved by thg Board of Trust995 on 9 Octobor 2025 and Signed on Its behalf by:
Thomas SGOtt
Ti'u¥luv
Robbi• Milllk•n
Trustee

Belfast Activity Centre
IA company Ilmlt•d by 9uarant¢tr. not having a share capitsll
STATEMENT OF TRUSTEES. RESPONSIBILITIES
for the financial year ended 31 March 2025
The tmstees, who are also directors of Belfast Activity Centre for the purposes of company law, are responslble for
preparing the financial stalements in accordance with applicabl& law and regulations.
Company law requires the trustees as directors lo prepare financial statements for each financial year. Under thal18W
the trustees have elected to P￿pare the financial statements in accor(iance with United Kingdom Generally Accepted
Accounllng Practice (United Kingdom Accounting Standards and appllcable lawl Includlng FRS102 'The Financial
R8POrting Standard applicable in the UK and Republic of Ireland" Under company law the Iruslees musl not approve
the financial slalemenls unless they are satisfied that they give a tru8 and fair view of the stale of affairs of the charity
and of the n6t income or expenditure of the charity for th81 period.
In preparfng th8s8 financial ststemenls, the truslees are required to:
salècl suitable accounting polici&s and apply them consistenUy,'
observe the methods and principles in the Charities SORP-
make judgements and accounting estimates that arg reasonabl8 and prudent.,
Slate whether the financial slalemenls have been prepared in a¢¢or(iance with applicable accounting standard8.
identify those standard5, 8nd note Ihe effect and the reasons for any material departur8 from those standards., and
prepare the financial slalements on the going ¢on¢ern basis unle55 It 15 inappropriate to presume that Ihe Gharity
will continue In operatlon.
The trusleeg are r85ponsible for keeping adequate accounting records that are sufficianl to show and explain the
charity's transactions and disclose with reasonable accuracy at any lime the financial position of the charity and enable
them lo ensure that the financial statements comply with the Companies Act 2006 and the Chantys Act (Northern
Ireland) 2008. They are also responsible for safegu8rdlng the as581s of the charity and hence for t8king re8sonable
steps for the prevention and detection of fraud and other irregulanlies.
In so far as the trustees are aware:
there is no relevant audit Informallon Ilnformation needed by the charfty's auditor In connectlon with preparing the
audilorfs reF)Ortl of which the charity's auditor is unaware, and
th8 trustees have taken 811 the steps that they ought to have lak8n as trustees in order to make themselves aware
of any relevant audit Information and to establish that the charity's auditor is aware of that infomalion.
Approved by tho Board of Trustees on 9 October 2025 and slgned on Its behalf by:
Thom
Truste
Robbie Mllllken
Trustee

INDEPENDENT AUDITOR'S REPORT
to the Members of Belfast Activity Centre
IA company Ilmlted by guarant8•, not having a sh8r¢ capital)
Report on the audlt of the financial statements
Opinion
We have audited the charity financial statements of Belfast Activity Centre {'the charity'l for the financial year ended 31
March 2025 which comprise the Slalement of Financial Activities lincorpor8ting an Income and Expenditure Account),
the Balance Sheet, the Statement of Cash Flows and notes to the financial statements. induding the summary of
slgnlficant accounting policies set out in note 2. The financial reportlng framework that has been applied in their
preparation is applicable law and United Kingdom Accounting Standards. including FRS 102 Yhe Financial Reporting
Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charilies= Statement of
Recomm6nded Practice applicable lo charities preparing their accounts in accordance with FRS 102.
In our opinlon, vthen reporting in a¢cord8nce with a fair presentation framework, the financial statements..
give a Inje and fair view of the slate of the Charity's affairs as at 31 March 2025 and of Its deficit for the financlal
year then ended-
have been properly prepared in accordance wllh UnSted KSngdom G8nerally Acc8pt8d Accountlng Pracl¢e', and
have been preparèd In accordance with the requirements oflhg Companies Act 2006 and the Charitigs Act (Northern
Ireland) 2008.
Basls for opinlon
We ronducled our audit in accordance with Inlemalional Standards on Audillng IUKI (ISAS IUKII and applicable law.
Our responsibili1185 under those standards are further described in th8 Auditor's responsibilities for the audit of the
financial s18temenls section of our r&port. We are independent of the charity in accordance with ethical requirements
that are relevant lo our audit of the financial statements in the UK. including the FRC'S Ethical Standard. and we have
fulfilled our other elhlcal responsibilities in accordance wllh these requlrerngnts. We believe th81 the 8udlt evldence we
have obtsined is suffi'cient and appropriate to provide a basis for our opinion.
Concluslons relatlng to golng concern
In auditing the financial statements, we have concluded that the trustees, use of the going concem basis of accounting
In the pr8P8ration of the financlal statements is appropriate.
Bas8d on the work we have p8rfomed. we have not identified 8ny material uncertainties relating lo events or conditions
Ih8t. individually or collectively, may cast significant doubl on the charity's ability lo continue a5 a going concem for
period of al least ￿e1ve months from the dale when the financial slalemenls 8r6 authorised for issue.
Our responsibilities and the responsibilities ol the trustees with respect lo going concem are described in the relevant
88clions of thls reporL
Other Infomiation
The other infomialion ¢omprises the information included in the annual report other than the financial statements and
our Audilovs Report Ihereon. The trustees are rasponsible for the othèr information containèd within lh6 annual report.
Our opinion on the financial stalemenls does not cover the other information and, except to the extent otherwise
explicitly stated in our report, we do not expr8ss any fomi of assurance conclusion thereon.
Our responsibility is lo read the other infomi81ion and, in doing so, consider whether the other infomab'on is materially
inconsistent with th6 financial slalements or our knowledge obtained in Ihe course of the audit. or olheNise appears lo
be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required
to delerrnine whether this gives rise lo a material rnisstatement in the financial slalemenls themselves. If. based on the
work we hav8 Pgrforrned, we condude that there is a material misstatement of this other information. we are required
lo r8POrt that fact. We have nothing to ￿pOrt in this regard.
Oplnlon on other mattgr prgscrlbed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit-
the informalion given in the Trustees, Annual R&port for the financial year for which the ffnancial statements are
prepared is consistent with the financial stalements,- and
the Trustees. Annual Report have been prepared in accordance with appllcable legal requlremenis.

INDEPENDENT AUDITOR'S REPORT
to the Members of Belfast Activity Centre
IA cOm￿nY limit¢d by guarantee. not having a share capital)
atters on which we are required to report by exception
In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit,
we have not identified material misslalemenls in the Trusl8e5' Annual Report.
We have nothing to report Sn rèspect of the following matters where the Companies Act 2006 rgqulres us to report to
you if. in our opinion:
adequate accounting r8cord5 hav8 not been kept- or
the financial statemen15 are not in agreement with the accounting records and retums-, or
certain disclosures of trustees, remuneration specified by law are not made: or
w8 have not received all the information and 8xplanations we require for our audit., or
the trustees were not entitled to take advantage of the small companies exemption from the requirement to
prepare a Strategic Report or in preparing the Report of the Trustees.
Responslbllltles of trugtees for the financial otatement$
AS explained more fully in the Slalemenl of Trustees, Responsibilities sel out on page 6. the Iruslees are responsible
for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such
internal control as they detem)ine is necessary lo enable the preparation of financi81 statements that are free from
malerfal mlsstatemenl, whether due to fraud or error.
In preparing th8 financial statements, the Iruste8s are responsible for assessing the CharIt￿S ability to continue as
going concern, disclosing, as applicable, matters rèlated lo going concern and using the going concern basis of
a¢¢ounlin9 unless manag&menl either intends lo liquidal6 the charity or to cease operations, or has no realistic
alternative bul lo do so.
Audltor'8 ro$pon$lbllltles for tho audlt of tho flnanclal statomonts
Our objectives are lo obtain reasonable assurance about whether the financial statements as a wholè are free from
material misslalemenl, wh&lher du& to fr8ud or error. and lo issue an Audit0￿S 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 IUKI will always d&le¢t a material rnisstalement when il exists. Miss181emenls can arisa from fraud or error and
are consldered material if, individually or in the aggregate, they could reasonably be expected lo influence the economl
decisions of us&rs t8k8n on the basis of Ih&s8 financial slalemanls.
Irregularities, including fraud, are instances of non-compliance with lawg and regulatlons. We design procedures in line
with our responsibili118S, OUtlin6d above, lo detect material misstatements in ￿SpeCt of irregularill&s, including fraud.
The 8xlent to which our procedur88 ar8 capable of delecling irregularities, including fraud, is detailed below..
Havlng considered the nature of the Charlty and the sector In whlch it operates, we identified that the prlncip81 rlsks of
non-compliance with laws and regulations related to breaches of health and safety laws, employment law and
environmenlal regulations. We considered the exlenl to which non-compliance might have a material effect on the
financial slalements. We also considered Ihose laws and regulallons that do not have a direct impact on the preparation
ol the financial statements but compliance with which may be fundamental lo the Charity's ability lo operate. such as
the Companies Act 2006.
We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements
(including the risk of overrrde of controls) and determined that the principal risks were related lo misstatement of
reslricled and unrestricted fund balances. Audit procedures performed included..
Enqulry of those charged with govemance including any known or suspected instances of non-compllance with laws
and regulations, potential liligalion and fraud-
Idenllfying and lesling journal entries for appropriatenes5, evaluating the rationale for significant Iransacllons outside
what is normal for the company and assessing whether the judgements made in making accounting estimates are
indicative of potential bias, in order lo assess the risk of fraud through management override of controls.,
Analytical procedures to identify any unusual or unexpected reSationships that may indic8te risks of material
misslalemenl due lo fraud..
Challenging 8ssumptlons and judgements made by management in signlficant accounJng eslmates.
Reviewing the disclosures in the financial slalements against the specific legal requirements-.
Substantive testing of Balance Sheet items. together with a high level of individual account analysis-,
Detailed analysis of all restricted funds, agreeing postings and cut off.
We ¢ommunicated relevant identified laws and regulations and potential fraud risks to all engagement team mernbers
and remained alert to any indir2tions of fraud or non-COmFAiance with laws and regulations throughout the audit. There
are inheront limitations in the audit procedures outlined above. We are less likely to become aware of instances with
laws and regulations that are not dosely relaled to events and transaction5 reflected in the financial ststements. Also.
the risk of not delecling a material misslalement due to fraud is higher than the risk of not d81ecting one r95ulting from
error, as fraud may involve deliberate concealmenl.

INDEPENDENT AUDITOR'S REPORT
to the Members of Belfast Actlvlty Centre
IA company limlted by guarantso. not havlng • $h•r6 capital)
A further description of our responsibilities for the audit of the financial statements is located on th8 Financial Reporting
Council's website at.. www.frc.org.uklauditorsresponsibilitie8. This description fomis part of our Auditorfs Report.
MCCLEARY & COMPANY LTD
Ch8rtered Accounlanls
Garvey Studios
14 Longslonè Street
Lisbum
Co Anlrim
BT28 1 TP
9 O¢tob•r 2025

Belfast Activity Centre
IA company Ilmltad by guarant8¢, ntsl having a share capital)
STATEMENT OF FINANCIAL ACTIVITIES
Ilncorporatlng an Ineom• and Expendlture Accountl
for the financial year ended 31 March 2025
Unrestricted Reslricted
Funds
Fund$
2025
2025
Total Unreslricled Restricted
Funds
Funds
Funds
2025
2024
2024
Total
Funds
2024
Not95
Income
Donations and legacies
Other trading activities
Investmenlg
252.670
54,332
1.377
223.826
476.496
54,332
1,377
282,358
38,149
1,180
195,396
477,754
38,149
1,180
Total Incomo
308,379
223,826
532,205
321,687
195,396
517,083
Expendlture
Charitable acllvlli88
414,851
173.349
588,200
364,856
195,396
560,252
Nel Incomall8xpendltur•)
(106,472)
50,4TT
155,995)
143.1691
(43.169)
Transf&rs betrNeen funds
30,477
(30.4n)
Net movemont in funds for
the financlal year
(75,995)
20,000
(55,995}
143,169)
143,1691
Rgconciliatlon of funds:
Total funds al the beginning
of the year
15
548,ses
548,565
591,734
591,734
Total funds at the ond of
the year
472,570
20,000
492,570
548,565
548,565
The St8tement of Fin8nci81 Aclivities indudes all gains and losses recognised in the financial year.
All income and expenditure relate to conllnuing activitie5.
The notes on pages 13 10 19 fomi part of the finanaal statements
10

Belfast Activity Centre
IA company Ilmlt8d by guarant¢¥, not having a shar• capital)
Company Number: N161M474
BALANCE SHEET
as at 31 March 2025
2025
2024
Nots$
Flxed Assets
Tangibl8 assets
376.367
429,212
Current Assets
Debtors
Cash at bank and in hand
10
11
91,288
238.913
57,884
171,274
330,201
229,158
Credltors: Amounts falllng due wlthin one year
12
(213,998
1109,805)
Not Current Assets
116.203
119,353
Totsl Assets less Current Llabllltles
492,570
548,565
Funds
Restricted funds
Designated funds {Unr&strf¢tedl
Gener81 fund lunresldcted)
20,000
274.667
197,903
342,260
206,305
Total funds
15
492,570
548,565
These finandal statements have been prepared In accordance with the special provisions relating to small companies
within Part 1 fj of Ihft C.omTrAnifts Ar,1 ?orifi.
Approved by tha Board of Tru8tee8 and authorlsed for158ue on 9 October 2025 and slgned on Its behalf by
Thomas Scott
Trustee
Robble Milllken
Trust99
The notes on pages 13 10 19 fomi part of the financial stalemenis
11

Belfast Activity Centre
STATEMENT OF CASH FLOWS
for the financial year ended 31 March 2025
2025
2024
Notes
Cash flows from operatlng actlvltles
Net movement in fvnds
Adjustments for:
Depreciation
Interest payable and simllar expenses
Gains and loss&s on disposal of fixed assets
{55,9951
(43,169)
85,652
262
(2.494)
84.163
607
27.425
41,601
Movements in w0￿1ng cgpital..
Movement in debtors
Movement in credrtors
(33,717)
106,673
59.606
12,964
Cash generated from operations
Interest paid
100,381
{262)
114.171
(607)
Nel ¢88h generated from operatSng acllvltles
100,119
113,564
Cash flows from Investing actlvltl•s
Payments lo acquire tangible 8ss81s
Receipts from disposal of tangible assets
(37,6871
7,374
112.2571
Nel Ga5h used In Investment activities
{30,3131
112.2571
Cash flows from financlng actlvhles
Capital elernent of hire purchase contracts
(2,167)
{6,5001
Nel Increase In cash and Gash equlva10nts
Ca¥li aiiu L4¥11 ¥yulYdl¥iit¥ ¥t tli¥ bvyinlllny ot tho yaar
67.639
'11'1,214
94,807
10,401
Cash and cash equlvalents at the end of the year
11
238,913
171,274
12

Belfast Activity Centre
(A company Ilmlt•d by guarant••, n¢t having a share capitsll
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
GENERAL INFORMATION
Belfast Activity Centre is a company limited by guarantee incorporated in Northem Ireland. The registered office
of the charity is Bamett's Stable Yard, Barnett Demesne, Malone Road. Belfast. B T9 5PB which is also th&
principal place of business of the charity. The financial statements have been presented in Pound 1£) which is
also the functional currency of the charity.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following accounting policies hav• b88n applied consistently in dealing with items which ara considered
material in relation to thé charity's financial statements.
Ba818 of proparatlon
The financial ststemenls of the charity, which is 8 public benefit entity under FRS 102, have been prepar8d on
the going concern basis under the historical cost convention, modified to include certain items al fair value. The
financial stalemgnts have been prepar8d in accordance wllh the Slalemenl of Recommended Practice ISORPI
"Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland FRS 102-.
As p&rrnltted by the Companies Act 2006, the charlty has varied the Standard fomats in that act for the
statement of Financial Activities and the Balance Sheet. Departures from the standard fomials are lo comply
with the requirements of the Charflles SORP and are in compliance with section 4.7. 10.6 and 15.2 of that
SORP.
Statement of compliance
The financial statements of the charity for the financial year ended 31 March 2025 have been prepared on the
going concem basis and in accordance with the Statement of Recommended Practice ISORPI "Accounting and
Reportlng by Charities preparing Ihelr accounts in accordance with the Fln8ncl81 Reportlng Standard appllcable
in the UK and Republic of Ireland FRS 102"
Fund accounting
The following ara the categories of funds maintained.,
Re8trlcted funds
Reslrfcled funds represent income recelvad which can only be used for partlcul8r purposes, as 8peclfied by the
donors. Such purposes are wllhln the ov&rall objectives of the charity.
Unrestricted funds
Unrestricted fund3 consist of General and Designated funds.
General funds ropffjs8nl amounts which are gxpendable at the discretlon of the board, furtherance of the
objectives of the charity.
Designated funds comprise unrestrided funds Ihat the board has, at its dlscr811on, set asSde for partScular
purposes. These designations havè an adrninislralive purpose only, and do not 18gally restriot the board's
discretion lo apply the fund.
Income
Income is recognised by inclusion in the Slalemenl of Finan¢ial Activitl8s only whèn th8 charity is lègally enlilled
lo the incomg, performance conditions allached lo the item{sl of income have been mel, the amounts involved
can be measured with sufficient reliability and il is probable that the income will be received by the charity.
Income from charitablg activitle5
Income from charitable acllvlties include income eamed from the supply of services under contractual
arrangements and from performance related grants which have conditions that specify the provision of particular
services to be provided by the charity. Income from government and other co-funders is recognised when the
charity is legally enlilled to the income because it is fulfilling the conditions contained in the related funding
agreements. Where a grant is received in advance, its recognition is deferred and included in creditors. Whe
entitlement occurs before Income is received, it is accrued in debtors.
Grants from governments and other co-funders typically include one of the following types of conditions-
Performance based conditions.. whereby the tharity 15 contractually entitled to funding onty lo the ext8nt that
the core objectives of the grant agreement are achieved. Where the charity is meeting the core objectives of
grant agreement, il recognises the related expenditure. tu the extent that il is reimbursable by the donor, a$
13

continued
Belfast Activity Centre
IA eompany limited by guarantee, not having a share capltall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
income.
•Time based conditions.. whereby the charity is contractually entitled to funding on the condition that it is ulilised
in a particular p8riod. In these cas8S the charity recognises the income to the extent il is ulilis8d within the period
specified in the agreement.
In the absence of such conditions, assuming that rec8lPt is probable and the amount can b8 reliably measured.
grant income is recognised once the charity is notified of entitlement.
Gr8nts received towards capital 8XP8nditur8 are crédited to the Stal8ment of Financial Activities when r8C6iV6d
or receivable, whichever is eartier.
Expandlturo
Expenditure is analysed beNv88n costs of chaTilabl& activities and r8ising funds. Th8 costs of 8ach actlvlly are
sèparately accumulat8d and disclosed. and analysed according lo their major components. Expenditure is
recognlsed when a legal or constructlV8 obligallon 8xists as a result of a past event, a transfer of economlc
benefits is required In settlernenl and the amount of the obligation can bg reliably rne85ureé. Support costs a
those functions that as51sI the work of the charity bul cannot be allribul8d lo one activity. Such costs are
allocated to activities in proportion to staff lime spent or other suitable measure for each activlly.
Tanglblo flxod as8Ot6 and dèpr•elatlon
Tangible fixed assets are slated at cost or al valuation, less accumulated deP￿CIatIon. The charge to
depreciation is calculated lo write off the original cost or valuation of t8ngible fixed assets, 18SS their 8slimated
resldual v81ue. over thelr expected usaful Ilvas as follows:
Belfast ALP and Boathouse
Camping and outdoor equipment
Motor vehicles
Computer Equipment
40/a on cost
33Yo on cost
25% on cost
20% on cost
L8aslng and Hlre Purcha808
Tangible fixed assets held und8r leasing arrangements which transfer substantially all the risks and rewards of
ownership lo the charity ar8 ¢8pitslised and included in the balance sheet at their cost or v81ualion, less
depreciation. The corresponding commitments are recorded as liabilities. Payments in r8SP6Ct of these
obligations are treated 88 consisting of capital and Interest elements, with inleregt charged to the income and
expenditure account.
Dgbtors
Debtors are ￿Cognised at the s8tt18m8nl amount due after any discount offered. Pr8paymenls are valuod at
the amount prepaid net of any trade discounts due. Income recognised by the charity from government agencies
and other co-fun¢ers. bul not yel received al financial year end, is induded in debtors.
Cash at bank and In hand
Cash at bank and in hand comprises Cesh on deposit at banks requiring less than nine months, notice of
withdrawal.
Taxation and deferred taxatlon
No current or deferred laxalion arises as the ch8rity has been granted charitable exemption. Irreeoverablé
valued added lax Is expensed as Incurred.
Deferred tax is recognised in respect of all timing differences that have originated bul not reversed al the balance
sheet dale where transactions or events have occurred at that date that wlll result In an obligation to pay more
tax in the future, or a right lo pay less lax in the fijture. Timing differences are temporary differences be￿een
the charity's taxable Income and Its result5 as stated in the financial stalemenls.
Deferred tax is measurgd on an undiscounted basis at the tax rate5 that are anlicipaled lo apply in the periods
in which the timing differences are expected to reverse, based on tax rate5 and law5 that have been enacted or
sub31anlively enacted by the balance sheet date.
14

continued
Belfast Activity Centre
IA company Ilmlt8d by guaranleè, not having a share capitall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
INCOME
DONATIONS AND LEGACIES
Unrestrlcted R¢5trlcted
Funds
Funds
2025
2024
Donations and legacles
252,670
223,826
476.496
477.754
OTHER TRADING ACTIVITIES
Unre8trlcted Rgstrlcted
Funds
Funds
2025
2024
Other trading aclivSties
54,332
54,332
38,149
INVESTMENTS
Unrestricled Restricted
Funds
Funds
2025
2024
Investments
1,377
1,377
1,180
EXPENDITURE
CHARITABLE ACTIVITIES
Dlre¢t
Co¥ts
Other
C08ts
8upport
C08ts
2025
2024
Exp8ndllure on chadtable acllvltles
317,173
271,027
588,200
560,252
SUPPORT COSTS
Charltable
Actlvlties
2025
2024
Support
271,027
271,027
250,161
ANALYSIS OF SUPPORT COSTS
2025
2024
Support
271,027
250,161
NET INCOME
2025
2024
Net In¢om9 15 Statgd after charglngllcredlting):
Depreciation of tangible assets
(Surplus) on disposal of tangible fixed assets
Auditorfs remuneration..
audit services
85.652
(2,4941
84,163
10,922
9,754
INTEREST PAYABLE AND SIMILAR CHARGES
2025
2024
Hire purchase interest
262
607
15

continued
Belfast Activity Centre
IA ¢ompany limited by guarant8•, not havlng a sharè eapitall
NOTES TO THE FINANCIAL STATEMENTS
for the flnancial year ended 31 March 2025
EMPLOYEES AND REMUNERATION
Number of employees
The average number of persons employed linduding executive trusleesl during the financial year was as
follows:
2025
Nufflber
2024
Number
Charitable activity and programme
Managem&nt and Administration
Sèasonal
10
10
10
24
22
The staff costs comprls&'.
2025
2024
Wages and Salarles
Social security costs
Penslon costs
281,T12
15,814
9.160
281.937
15,667
7.272
306,746
304,876
Remuneration for key management personnel in the year amounted to £71,897 (2024.. £113.9981.
14u 61)IpluyLl8 I't￿1¥?￿ viiiuluiiiBI iiJ li i eALe&8 ul £00,000.
TANGIBLE FIXED ASSET8
Belfast
Camplng
ALP and and outdoor
8oathou8e
equipment
Motor
Computar
vèhiclès Equlpmont
Total
Cost
Al 1 April 2024
Addition8
Disposals
1.596,354
20,107
153,266
14,713
103,931
2,250
114,7721
36,522
617
1,890,073
37,687
114,7721
Al 31 March 2025
1,616,461
167,979
91,409
37,139
1,912,988
pr•clatl•n
At 1 April 2024
Charge for the ffinan¢lal year
On disposals
1.216.483
64,659
124.576
14,560
85,287
4,629
19,8921
34.515
1,804
1.460,861
85,652
(9,892)
Al 31 Mar¢h 2025
1,281,142
139,136
80.024
36,319
1,536,621
Net book valuo
At 31 March 2025
335,319
28.843
11.385
820
376,367
At 31 March 2024
379,871
28,690
18,644
2,007
429,212
16

continued
Belfast Activity Centre
(A company Ilmlt•d by guaranteè, not havlng a sharè Capital
NOTES TO THE FINANCIAL STATEMENTS
for Ihe financial year ended 31 March 2025
TANGIBLE FIXED ASSETS CONTINUED
Included above are assets held under finance leases or hirè purchase contracts as follows..
2025
Net Depre¢lation
book value
charge
2024
Net
book value
D&pre¢i8tion
charge
Motor vehides
4,980
1,661
12.353
4.118
10.
DEBTORS
2025
2024
Trade debtors
Other debtors
Taxation and social security cos18 (Not8 13)
Prepayments and accrued income
41,792
32,543
875
313
24.153
49,496
91,288
57,884
11.
CA8H AND CASH EQUIVALENTS
2025
2024
Cash and bank balances
Cash equlvalents
46,235
192.678
74.471
96,803
238,913
171,274
12.
CREDITORS
Amounts falling duo wlthln ono y￿r
2025
2024
Net obligations under finance leases
and hir& purchasè contracts
Trade creditors
Other creditors
Accruals and deferred income
2,167
36.099
34,135
37,404
39.042
128.929
46,027
213,998
109,805
13.
TAXATION AND SOCIAL SECURITY
2025
2024
Debtors:
PAYE I NI
313
14.
RESERVES
2025
2024
Al the beginning of the year
Deficit for the financial year
548.565
155.995
591,734
143.1691
At the end of the year
492,570
548.565
17

continued
Belfast Activity Centre
IA company limited by guarantee, not havlng a shar• capltall
NOTES TO THE FINANCIAL STATEMENTS
for the flnanclal year ended 31 March 2025
15.
FUNDS
15.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unre5trlctsd
Funds
Restrlcled
Funds
Total
Funds
At 1 April 2023
Movement during the financlal year
591,734
{43,169)
591.734
143,1691
At 31 March 2024
Movement during the financial year
548,565
(75,995)
548,565
155,9951
20,OIN]
At 31 March 2025
472,570
20,000
492,570
15.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
Incomè Expèndlturo
Transf8r8
between
funds
Balan
31 March
2025
2024
BRO Youth Build
Capital Grant DFC
BCC Restricted Fund
Charterhouse fund
132,720
30,477
20,629
40.000
132,720
{30,4771
20.629
20,000
20,000
223.826
173,349
130,477)
20,000
Unrestrlcted funds
Barnetts Des 1
ALP D&s 2
Boathouse Des 3
Unrestrlct8d General
77,082
144,325
120,853
206,305
19,271
36,237
12,085
347,258
57,811
108,088
108,768
197.903
308,379
30,477
548,565
308,379
1414,8511
30,477
472,570
Total lunds
548,565
532,205
588,200
492,570
16.
STATU8
The charity is a company limited by guarantee not having a share capital.
The liability of the members is limited.
Every member of the company undertakes lo contribute to the assets of the company, in the event of it being
wound up while they are a member or within one financi81 year 8fter they cease to be a member, for the payment
of..
- The company'5 debts and li8bilities contr8Cted before they ceased to b8 a member-
The costs, charges, and expenses of winding up., and
The adjustment of the rights of the conldbulors among themselves such amount as may be required, not
eX￿dIng £1.
17.
TRUSTEES. REMUNERATION
There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended
31 March 2024.
Tru5toe5' Expgnses
There wgre no trusl8es' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March
2024.
18

continued
Belfast Activity Centre
IA company Irmitèd by guarantee, not having a share capStall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
18
RECONCILIATION OF NET CASH FLOW TO MOVEMENT IN NET DEBT
Oponing
balance
Cash
flows
Closing
balance
Finance lease and hire purchase
{2,1671
2,167
Total Ilabllltles from flnanclng actlvltl•s
{2,1671
2,167
Tolal Cash at bank and In hand (Note 11)
238.913
Total nat debt
238,913
19.,
POST-BALANCE SHEET EVENTS
There h8ve been no Bignificanl evenls affe¢ling the Charlty slnce the financlal year-end.
20.
RELATED PAR￿ BALANCES
Ardaluin R8generalion Trust Is an unin¢orporated charity with Trustees in comrnon. Belfast Activity Cenlre look5
after some of the 8dministration on behalf of Ardaluin Regeneratlon Trust, whlle Ardaluln R8gen8ratSan Trust
provide5 Services to Belfast Activity Centre on a commercial basis.
Included In Creditors is a balance du8 from Ardaluln Regenerauon Trust of..
2025
2024
Creditors
115,077
30,987
19

BELFAST ACTIVITY CENTRE
(A Gompany Ilmlted by guaranteo, not having a share capltal)
SUPPLEMENTARY INFORMATION
RELATING T
THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEA
DED 31 MARCH 2025
NOT COVERED BY THE REPORT OF THE AUDITORS
20

Belfast Activity Centre
(A company limited by guarantèg, not having a share capital)
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS
Operating Ststement
for the financial year endeé 31 March 2025
2025
2024
Income
Donations
Unrestricted grants
Income from charitable activities
Abseil Income
Other income
1.340
223,826
251,330
54.332
1,377
1,458
195,396
280,900
38.149
1,180
532.205
517.083
C￿t of goneratlng fund8
W8ges and salari8S
Social security costs
Staff pension sGheme costs
Open awar(i & expedIt￿On cosls
RECIBEL training costs
Fundraising costs
Catering & accomrnodalion costs
Transport costs
Sundries
Stsff trainSng and mambershlp
Programme costs
230,992
12.776
7,535
3.771
760
7,157
605
13.411
3,516
6.342
28,332
233,109
12,672
5,731
1.662
700
4,256
1.015
11,928
3,798
6.534
28,686
317,197
310,091
Gro88 Surplus
215,008
206.992
Expen8•$
Wages and salari6S
Social security costs
8ank charges
Staff defined contrlbution pension ¢osts
Insurance
Advertising
L6gal and professional
Audilorfsllndep8ndenl Examin8Rs remuneratlon
8ad debts
88rnatts establishment costs
Office Expenses
Surplusesldeficils on disposal of tangibles
Depreciailon
50,780
3,038
1,055
1,625
23.251
1,819
8,822
10,922
1.452
68.919
15,900
12,4941
85,652
48,828
2,995
1.091
1,541
15,910
2,744
29,001
9,754
37.529
15,998
84,163
270,741
249,554
Flnan¢•
Hire purchase interest
262
607
Net deflclt
(55.9951
{43,169)
The Supplementary infomation does not form part of the audited financial slalemenls
21