2024-03-31-annual-report

Northern Ireland Sports Forum TRUSTEES. ANNUAL REPORT for the finanaal year ended 31 Marth 2024 The trustees present their Trustees, Annual ReporL LX)mbining trE Directors. Report and Trustees. Report and the unaLKlited financial ststements for the financ3al year ended 31 klarth 2024. The financral statemerrts are prepared in a¢xordarM Wth the Cornpanies Ad 21J36. FRS 102 Yhe Finan¢ial Reporting Standard applicable in the UK and Republic of Ireland" and Accountsng and ReportirvJ by Chanlies.. ststement of Recommended Pracce appIl￿ble to charities preparing their firwi(ial statements in aC￿)rdan￿ wth the Financial Reporting StaTKlard appltcable in the UK arMJ Republtc of Ireland {FRS 102) The Trustees, Report contsins the infoThth"on requiraj to be wovthd in the T￿￿, Arnual Rewt under the ststement of Recommended Pradi￿ (SORP) guidelines. The trustees of the tharity are also chanty trustees for the purpose of chanty law and urKler the d)anWs constitution are kncwi as members ot the board of ttustees. In this report the trustees of Northefn Ireland Sports Forum present a summary of ts wrF)ose, g0veman￿, activit￿, achievements and finan￿ for the finanaal year 31 Marth 2024. The charity is a registe￿1 chanty and hen￿ the report arKI resuEts are PTewted in a forn which complies with the quirements of the Companies Act 2tKJ6 and. athough not obliged to compty the Statement of Recommended Practice applicable in the UK and Republic of IrdarKI FRS 102. the organisation has implemented its recommendations where relevant in these financial statements. Mission. Objectlves and Strategy Objectives The objecLs lor Which the Northem IretarKI SFKKts És estatdished is: i. To COOFerate w¢th any govemment department, (X)rp￿tion. ￿)uncl1 or assoraation in Northem Ireland or elsevthere (x)ncemed wtlh physical recreation and communty weffare; ii. To constitute a stsnding forum where all goveming arMJ representative tK)dies controlling sport and physical reueation in Northem Ireland may be represerrted arKI may o)Iledtvety or Ihrough special groups fotmuiate and promote measures to stimulate or improve the development of sw)rt and physi￿1 recreab"on', iii. To support the work ofthese speaalist bc#Jie5 aEKI to brtng them together wth other interest8J organisations" iv. To print, publish arKI circulate penTrJicals, to)k. car￿lars. ststi5ti(s and other literature in fi1rthefan￿ of the Northem Ireland Sports Forum's obj'ecls: v. To manage, whether by itsdf or in cooperatton with others. premises or pla￿S *hich are estsblished for the purpose of providing facil￿e$ ts physÈcal reueabon or the teathirw 01 study theieofr. . To errter into agreements or aTrarwJements vAth any govemTnent department. corpotalion. ￿)un￿l or person in Northem Ireland or elsewhere for FKomoting comFkth"ons. rnathes. exhitmts'ons. demonstrations or COnferen￿S of. or related to, sport or any other form of phy￿Cal r￿eatic￿. Flnancial Revtew The results for the financial year are set rxrt 9 and addilM)nal notes a￿ provid&1 showing irKX)me and expendittjre in greater detail. R•suIts arKI Dividends At the end of the finan(iai year the tharity has assets of £105.024 (21Y23- £122,526) aTMtt liatilities of £19,057 (2023 - £41,750). The net assets ofthe chatity have increased ty £5.191.