Company registration Dllmber: N1031327 CFmrAty registration nutnber.. 100818 Belfast Buildings Trust (A Company limited by guar8JJt¢e) Annual Report and Finauclai Statements for the Year End¢d 30 September 2024 Hopper & Co Chartered Accountants & R¢gist¢red Auditors 6 D(Fagh lioad Ballyclare BT39 9BG Belfast Buildings Trust Contents RefeTence and Adminislrntive D¢tsils 2tolO Trustees, Report li Independent Examinerf5 R¢port 12to13 Statement of Financial Activities 14to 15 Balance Sheet 16to31 Notss to the Financi￿ staten￿nts Belfast Buildings Trust Referenee and Administrative Details Truste4T Dame F Jay4)Boyle, Patron Mr P Millar, Director & TTh5t¢e Mrs J Corr Mr B ODonnell MES R Harkin Mrs K Collie Senior Management l Lkadership Mr S Quinn, Devlopnwit Dirwtor Team Cb&rity Registration Number 100818 Company RegystrotioD Number N1031327 Th¢ charity is inooTporatsd in Nortbern fr¢land. Th¢ Gate Lodge 51 IA Omeau Road Beifa5t Antrkm BT7 3GS Hopp6r & Co Chartered Accountants & Registered Auditors 6 D0aY￿ Road B211yGlaTe Co Antrim BT39 9BG Cl¢aver, Fulton and Rankin 50 Bedford Street Belfast Regstered Office Independent Examiller Solititors: Pag¢ I Belfast Buildings Trust Trusteesl Report Th¢ trustees, who are directors for the purposes of e4)mpaoy law. present the annual report tog¢th¢r with the financial statements of the Gl)aritable company for the year ended 30 September 2024. Objectives and aetivities Obje£ts and aims B¢lfast Buildings TTUSt delivers physical, social, and economic regeneration through the rnise of histori¢ and landmark buildings in Belfast. It works lo￿1 people tri develop sustsinabl¢ uses for buildillgs which are peT¢eived as having no viabl¢ economic use arAd to champion r¢I￿an( authentic. and impa¢tfiJl regen¢rdtton. Obiedives, slrqlegiu and adiviiles The Trust support5 and advances the development of a confident and matur¢ CiVA¢ society in Northern Ireland through the delivery of ¢ngagement &ctiviti¢s relatll]g to heritage, r¢generaiion, urban deY¢lopmenL and civic society issu¢s. It hosts lectures. conducts resca￿ty provides ithnnatl0￿ and engages with the public on a range of issues relating to the development of Belfast and wid¢r r¢g¢Treration and heritage issues in Northern Ireland. Th¢ Tn]st also provides mentoring and advice to a r4nge of community organisaiions r¢Kating to heritage. regeneratio￿ dgvelopmenL md rivic soGiW issues. This can include the eStablish￿ellt of other rharitable organisations or advi¢e on handling a specifi¢ regeneration OT witsl works issue. Publlc benef Belfast Building5 Tr￿St meets the public benefft requirement by providing benefit to the geller￿ public in Belfast and in Northern ireland as a whol¢. Through the nature of specific capital regeneration work, son benefits are focused on a particular geographic are4 but these aTe in such a way ag to m2ximise the broadest publ1¢ b¢nefit as possible. Some private benefit is generated through employing individual contTrGtors on specific capital i¥orks. but this private benefft is incid¢lltsl and is significantly outweighed by the work of the Tn￿t in achieving its purposes. Benefits arising from the Trusvs pwp)ses and activities inGlud¢ economic development the improvement of the physiral and built ¢nvironmenl increased con)munity cohesion, job Teaiion, an iwroved sens¢ of place. the protection of the character and fabric of pla￿S in Northern Ireland, protection of the built 6nvironmenL the delivery of sustainable and appropriat¢ development, a strengthened civiG society, a strengdlened voluntary and commtmity sectoT, and a more ¢ngaged publio. These benefits ar¢ demonstratsd tljrough fredba¢k from cornmunities in which the TnLSt h&$ worked, in feedback fro￿ ststutory agencies relating to the work of the Trusl in surveys of people who use the Trnst's services or buildings. It can be fi￿1￿ ¢videnced through publi¢ 5UPPOrt for the Teuse of histori¢ buildings, through th¢ clear support for buildings to provide a regfflAerativ¢ purpose in areas of deprivatio￿ &nd through inGrea8ed levels of public eng2gement iu issues relating to building a confident civic society in Northern I￿land The tswt¢es confm that they have wmplied with the requirements of s￿tion 4 of th¢ Chariti¢s A¢t 2008 to hav¢ due regard to th¢ public b¢Defit guidance published by The Charity Cornmissiort forNorthern Ireland. Page 2 Belfast Bulldings Trust Trustee5' Report Achievements and perfornwice Corporat¢= Strategy Development BBT completed its strategy refresh in November 2023. This new 3-year Strat¢￿ builds on th¢ Trust's track record and ethos. It centres around BBT ¢ontinuin& and expanding where possible. its four wre strands of work - ¢apitai reg¢Theration, publiG ¢ngagemenL poliGy and stakeholder de￿lOpment, and meJAtoring. To help focus and guide its activity over this period, the Trust adopted four strategic themes which it believes are vital to d¢liv¢Ting heritage regeneration opportunities in Belfast- skills. housin& health & w¢llbeing, and culture. Work ined ongoing * year-enQ due for completion in November 2023. Income Generdtiojj The Trust g¢n¢rated a proportÉon of its aunual incorn¢ via Contin￿1ng hires of Carlisle Memorial, but a¢knowl¢dged a ll￿re challenging period than 2022-23 (Trvhi¢h had a long-t¢mi conllnercial hire in situ). Trust¢¢s acktAowledge the continued fimd2ng support of the Department for Communtties (Dfc) and National Lottery Heritsge Fund (NLHF), particularly for the PTOj¢Ct & EngageM￿t Offic