5 Churchill StreeL Belfast BT15 2BP
T: 028 9074 2255
o promots priyszcal&evetowrt￿lL ￿ a caÈutys&Jui JoLt
Asliton Centre
e'ar en'de-d 30"November 20
ObJ•¢t5ves and actSvltses
The ot4ects of the ¢harSty are th8 promotion fN the publÈe ben•fft of urban rageneration In North
Betfast and particularly in the N8w Lodge ward of 8eKgst Dis¢r¢t Councl. bèing an area of soctal and
eeonomic deprNati¢n. by all or any of the means:
L the ro11ofof povety.
. relief of ungmployment
i. ihe creation of training and ￿phYMent oppOr￿it[8S by the provtsion of worksparA. buildings.
andlor land for use on fav¢urabte teryns:
iv. the maintenance. improvement or provi5K>n of pubfic amenilies:
v. the provisioft of publK he￿th and childcarg facalthes;
vi. the provksion of recr8ational faCI￿ti¢$ for the public at large or those who by reason of their ytyth.
age. infinnty or disab￿men¢ povety ￿ sooal and a￿￿MiC clr¢umstsnces. have n8ed of such
facil¢ti•5.
Mission
The m￿$1)n ststement whith deffines the overdll purpose ofAsh1C￿ Centre Devèloprnent Umlled ts To
promote posibve change and imwove Ihe qualty of life of the North Belfast ¢ommunW. Th8
achievement of this mlssKin will load to a wsion of'A safe. Fyospartyts arKI wing eommunty where
res?Jents have pride and a sense ofownership..
The directors have pahl due regard to gu*3ance isgJed by th& Charity Commission in deryding what
aChv￿¢S the charity should undertake.
A¢tivitles
Ashton Centre Development Umited promotes physical deveh¥ments as 8 driver for S￿la1 and
èconomlc regèneratitin within the Ni¥th 8eK8St area. Any profits generated by thè Ashton Centre
Development Luniied are. wI￿e possille. kept 4rythin the grealer New Lodge ￿mmUnIty and used to
fLtrther develop its facil￿e$ and seThw.
The communty Is at the fryefront of its defvary and with the developmenl of numerous sttes and
expan51¢>n of servtees th& eammunlty have 9affted extended ¢)ponift9 hours for senrtC8 delIv￿.
disability aeeess. visl)le improvements toth8 onvir(x￿ThenL
Al of the mentioned Pufpose is lo impfove menlal health. emolional wellbein9. cOnnects￿ty, Ferson
developmenl. increased employmertL Ilving stsrK1ards and r&li&fof povetty.
Public 8enofft
The d¢rectors ara a￿dre of and have given consideralion to the Pubjlc 8er*fft guldance publishejj by
the CPority CommsssK*n for Nknhem Ireland.
The PLEblic benefits that fflow the of comnwnty devek)t4n8nt and the promotion of
urban dévelopment ao-
i. reduction In financial and other hardships. slfess. anxiety and ilkheath".
il. th8 ueation of employmenL training and wrk ￿perIOn¢e opporluniti8s for r￿Idents lknng In
economically and sociaity deptived areas and cortsequenity a reduclion in povety. unempbymenl and
h8rd8hip, 18ading to 8 better qualty of lffe for the benefficiaries and consequent improvemtrnts in hèalth
and welktelng:
i. enhanced acossibilty to free or affNthble ￿lilieS and 8menths. leadww to an unprovement In
people's qualty of lrfe and well-b8iNJ:
iv. enhan¢ed accessibilty to hèalth sèNces and affordabte chitdcare:
v. onhon¢¢d aciNity. en9ag•ment and partiopaty¢)n in activities by residents of Ihe area of
benefiL leadlng to an 5mprovemMt in IhoirwdJ.be4NJ and qualty of lira and greatersocial coheslon.
BRITAIN
VAT Reg Mo. 517 3156 59
Company Rey Plts. IP314
charity Rcy No NIC1010D5
info@ashtoncentre.com
twhttÈt.
5hionc(mmuiiil Ir

Ashton Centre Development Limited
Directors. Annual Reportl¢onthts•dJ
Year ended 30 November 2021
Aehlw•monts and pgrf0m￿ftce
During the year Ashk)n Centre Development Limited sold ￿ prop8ty120 Cliftonvdle Road). Th8
charity now has nin¢ bu￿ding$ that have beén built ¢r r￿IrbI9￿d th8 hfr￿ generats the area and
provide S¢xial and economi¢ opportunittes.
The Ashton Centre In Churchnl Streèt is Jet PT&lomirAnty to Ashton Conmunty Trust (ACT), frcm
where training & em￿OyMent sgmces. famli y support seryices and communtty activitses tske place.
The Ashton Centre hoLtsed a doctorfs ￿rgery for 20 years but itvaeatod th& centre in August 2W21.
The mcSweer￿Y Centra in Henry Piace is ftCAV fvlly renovated and is lat to ACT. from wherè tr
lfjnderkids day<ar8 cperate as well as Bridge of H¢¥e Heath and Wellbeing gjch as cwnsdling and
other Ihorapeuii¢ servw tske rdace.
Ajlkince Avotwe Is also ftlly c• by Bridgg of Hop8 to provide Health and Wellbeing sgrwcas.
529 Antrlm Road is now being occupied by both ACT Training and Empbymant seNtc4s arkl B8trast
Heallh & Socrdl Care TrtESt. providin9 $8Nices to the loe21 Community.
683 Amtrim Road consists of 15 ft￿rn$ a￿1 a garage. Tha rooffts are lel to indlvDYual tenants and
during the year they werg fulty o¢¢upth.
Thè Duncam com￿eX in Duncaim Garders aso I¥x￿5 ACT ond 88lfast Health & Social Care
projects. Ashton Centre Oevebpment Limlted also uwn 96 DUn￿lM Gardens whlch is cyr￿n￿y
derelict. We await to See rf siurayr4ling become available at whith time there is potsntlal for
fvbJre developmertt.

Ashton Centre Development Limited
DirectOTS' Annual Rep0rt(¢t￿thwOo)
Year ended 30 November 2021
Flnandal r6vlow
The results lor the year are set out in delail on pages 11 to 21. The chadty retumed net Incomlng
resoure8s for th8 year of £210.839 {2020: Oulgoing ReS￿re•S of £SO.081). Th$ surplus 1$ pthiarity
attfibuted lo the loan fLY9N8n by ACT Of£31yJ.O￿.
AI 30 November 2021. Ih? totsl furyts of the tharity a)￿u￿8￿ to £4,314.766 (2020: £4,103,927)
comprislng restrictsd funds of £2,490.041 (2020: £2.551.196) and unrestrlcted fttnds of £1,824,725
{2020.' £1,552.731} of which £1.739,76212020- £1,586.953) are designated.
Ashton Centre Development Lirnfted has performed in line with its lyjdgel for the year. far both
commarcial aftd resrdential properties. The ￿janIs*l0n sets out to generate a small surplus each
year beforo apthng th8 depr￿lati0Th costs af its Jarge portfdK>.
Roser¥4s Pollcy
Ashton CeThtre Deveknpment tinwt¢d has a smll wmber of employees 8rKI has need to hold large
reserves other than lo deliver on its ¢haritable aims. Cuffent reserves are in the physical fabric which
is essential to tha defvery of ¢yJr eharitsts￿ aims and ara thereforg not free reseryes. Ashlan Centr8
Development Limited intonds to borrow on the Strength of its assets to final￿£ fvrther developments.
Any call upon the use of reserves will b? al the approvl of the directors which will exam$r￿ th8
rationale for doing so. assess b)e risk and agree an amtyjnt where appropriate.
Tho difectorn have assossed the mai(Y rlsks lo which the scthty is exposod and are satlsfi8d that
systems ate in pjace to mitigats eX￿S￿re to the rnaior risks.
Rlsk Managem•nt
FinarKial risks are assessed by the organisation on a reguLer basls. The rnaln risk Is the
undL¥ryutslisation of avaitable renLIl space. VacaneAes are dt>)Jssed at each directors meeung and the
p)lenttal Impact assessed.
Futurè Plans
Ashl¢)n Centre Oevebpment Llmlted o)ntiQL￿$ to ￿t￿tOr oppothnities wthin Nclth Belfast area.
Some of these opporbJnibes may require pattrw orgaftisations. oth￿3 Ashton Centre Development
Llmited may b& a￿t to carry out alJne.
Structurè, governance and management
Ashton Centra Developmant ￿MIted is a regty8d socw govemed ty ib Nlgs. Ashton Centre
D8v&bpm&nt LIMI￿ is afso ogistered as a charlty with the Charlty Commission for Northem Iretand.
The dlre¢tors s¢rved dur¥w the and up to ￿ dale of signatura of the financlal stslements
were:
Mr T Gotdsmith- Chair
Mr J Baker- S8crètary
Mr F Roberts
Ms S Campbell
Mr S Fftz&mons
Ms C Heton
Ms A RCth4a￿ts
MS C Chrlsty IResvJned 31 De¢ember2021}
Ms L Mcstravick IResNJned 28 FebDJary 2022)
Appoinfmènt of dlre¢tQf5
Ashton Centre Oevelopment Limited Is governed ty dwtictors elected by its membeTS on an annual
basi8. AM members are invited to nominate to Ihe Board whith c4Jnsists of up to 12 people elected for
one yéar period. Th& Chair is nomlnated bythe threctors.

Ashton Centre Development Limited
Trustees. Annual Report (Mndnu•
Year ended 30 November 2021
Dlr•¢tots Inductlon and tralnlng
New director5 undgrgD Induction tra￿ing to brtel them on roles and responsibilitles and their legal
obligations under charrty law. the directors and the deciS￿r￿making processes. the strategtc and
operational plannlng processes. tho organlsation* struC￿re and keyorg8ni£atIo￿ athÈDes.
Oiffjctor5 are pmwded wth ￿pieS of the Ashton ￿tre D8vek*pm8nt Limrted Govemance Manual
which indudes the Rules. Role Desuiptions for Offic& Bearers and Dirertors an(F Sub Committe8S
Ashton Centra Development Limited Fu￿nCe Pr￿dureS and the Ashton Cèntre Development Limite<i
Equal Opportunitres Polry.
Organlsatlonal Structure
The directors ensure the gcod govamanc* of the wJanisatb)n by $elti￿ its strateglc objectth 8nd
pollcy direcbon through ￿h1(￿ Centre Development Lrmited'$ threethyear strategic plan. Progress
against Ihis plan is monrio￿ regulaty and annual operaiional plans updated as necessary. The
directors mègl on av8rdg8. every six weeks.
The Propety Manager is in control of the application arKI monitoring of the strateglc and operation
objectives as li%ted in tho stra￿1¢ and Oper*iono1 Hans.
Relatsd Partlas
Ashton Centra Development Limifyd Is an ir*rvJent w1$8b￿ and therefore all operatiC￿S are
¢8nied OLrt in aCc￿￿nCe with thjs.
A subgdrary Task-Team-Pm Lld vras set up to J)ropety services in th& area. After some initsaj
succèss it was dèodtsj to ceas& trading 8$ anb¢ipated OPPOnunit* had not materi8Jised.
Task-Team-Pm Ltd was dissolv￿$ in July 2021.
Dlr•otors' responslbilttles statèment
Th¢ directors. who also act as trustees for the charitsbie acts￿￿8$ of the charity. are rosponsfole ILY
preparing thè directors. r8FQrt and the financial statements in aco)rdance wth applicable law and
Unit8(l Ffjwom Accounlwi9 Slandards Iunited lfjng¢lom Gener￿[Y knepted Accounting Pfecti¢e}.
The law applicable lo charities in Northem Irejand requires the charity tr￿teaS to pr8pare )InaneAal
Slat¢ments for each year which give a truè and fairvtew of the state of affairs of the charity and ol the
incomlng resources and applica￿￿ of r8scunx. of the charity forthat year.
In preparing these fin8n¢ial slatements. tr* are requireil to:
select suitable a￿oUn￿ng pdiiaes and then apply consist8￿
observe the methods and principles in the appkable Charft*s SORP.
makejudgments and accounling estimates that reasonabl8 and prudenl:
5tatg vjhother applleable UK Ae¢ountir& Stsndards havè tegn foljowed. subject to any mBlarf81
departures disdosed and explartd in the financiaj ststements:
preparè the frianclal $tstéments on the gfxng can￿M basi8 unles$ tt IS inapproprth to presumg
that the rtharitywll continue in IJLtsinets.
Thè trustees are responsknte for keepi)g adewate 8COXmtkng r￿dS that are suffidgnt to show and
explain the ¢hariVs transacti￿$ and d￿e reasonable 3￿racY al any time the financial
position of Ihe chartty and enabje them to ensure that the financial ststements eomply with the
Ctroperative and Communty Benefit Societies Act INorth&m treland) 1969. They ara also tssponsible
for safeguardifig the assets ofth8 charity and hencelor tak4￿ reasonthe steps lortho prevention and
detection offravd and Oth￿ 5rregularities.

Ashton Centre Development Limited
Trustees. Annual Report
Year ended 30 November 2021
01sclosurn Of Info￿#110n to audltOT
Each of the director5 has conf1m￿d that there is no inf0rnwtl￿ of whlch they are avrare whith is
r8t8vant to the audit. but of whi¢h the audttor ts urraware. They have fiJrthfjr o)nfimJ8d that thoy have
taken approprfats stops io identify such relevant informatKJn and to estsblish that the auditor is aware
of wch information
Th& thre¢tth5' annual report vas on ..........................--
directo￿ by:
nd svJned on behallof tha board of
Dlrector
MrJ Baker,,