2025-03-31-accounts

Cotnpanv registration number: N1605696 Charity registration number= NIC 101054 The Resurgam Community Development Trust Limited (A company limiied by guardntee) Annual Report and Financial Statements for the Year Ended 31 March 2025

The Resurgam Community Development Trnst Limited Contents Reference and Administrative Detai15 Trustees, Report 2to 12 Independent Auditors, Report 13to 15 Consolidated Statement of Financial Activities 16 Consolidated Balance Sheet 17 Balance Sheet 18 Consolidated Statement of Cash Flows Notes to the Financial Statements 20to34

The Resurgam Community Development Trnst Limited Reference and Administrative Details Charity Registration Number NIC101054 Company Registration Number N1605696 Registered Office Office 3 Laganview Enlerprise Centre 69 Drumbeg Avenue Lisbum County Antrim BT?8 INY Auditor RBCA Limited Chartered accounthnts & statutory auditors Linenhall exchange 26 Linenhall street Belfast BT2 8BG Trustees Mrs J Casey Mr P Dean Mr C Halliday Mr Matthew ET]uli5h Ms Brooke Moorehead Mr Robert James Carlisle Mr Martin Buche Mr William Moore Mrs Patricia McCorn)ick Mr Gareth Walker Page I

The Resurgam Community Development Trnst Limited Trustees, Report (Incorporating the Director's Report) The trustees, who are direc(ors for the purposes of company law, present the annual report together with the financial staiements and auditors. report of the charitable company for the year ended 31 March 2025. Structure overnance and mana ement Strueture The Resurgam Trust's Board of Directors oversee the delivery of their Strategic Plan, ensuring the structures in place ensure accountabilit), and deliver! of strategic theme5. The Strategic Plan highligjts ke}, advisor), and deci5ion-makinu groups and key stakeholders who support delivery of strategic themes that deliver outcome5 and impacts within community. Resurgam and are supported by established and recogni5ed conununity-based organisations and social enterprises with many years of experience working in communitie5 throughout the city of Lisburn, Staff, volunteers and external agencies. Key strategic structures include- -strategic Advisory Group -senior Management Sieering Group -Project Sub-Groups -social Enterprise Think-Tank -safeguarding Committee -Audii and Risk Committee Governing Document The Resurgam Community Development Trust (The Resurgam Trust) is a company limited by guarantee, incorporated on l Oth January 201 I, with Charity Commission registration in October 2015. The Resurgam Trust wa5 created under a Memorandum ol Association which established the objects and pom'ers of the charitable company and is governed under its Articles of Association. This documeni was revised in March 2014 and filed with Companies House Recruitment and Appointlnenl of Management Committee The directors are nominated from communily membership and social enterprises to give a cross representation of membership. Under the Memorandum and Articles of Associaiion directors are elected to serve from each Annual General Meeting. Directors and management are requested to provide personal profiles to depict skills within the board with a variety of areas of interest covered, which are highlighied in the Business Plan. Training for direetors and members Directors and membership adhere to "Fit for Purpose" whereby all directors and member groups sign up to induction sessions and training. Page 2

The Resurgam Community Development Trnst Limited Trustees, Report (Incorporating the Director's Report) Risk Management Resurgam follows a policy of risk management which is designed to identify., quantify, manage and then monitor those things, events or actions which could lead to a failure of a project: -The organisation has an internal risk assessment process that involves four continuous slages -IdentifJcation= The project identifies risks which can be managed. -Quantification= This involves assessing the severity of the risk to prioritise those it will manage -managing and responding- This involves establishing a course olaction that will address the risk. -monitoring & controlling the risk.. The project has a sub group which works to identify and deal with risks. There is an internal notification proces5 lor dealing with problems. The full Board is al￿'ay5 aware of serious risks to a project. Related Parties The Resurgam Trust is a member of Development Trust Northern Ireland and will develop the management board through appointment of advisory roles from statutory agencies. Resurgam will create growth opportunities throuJ] support: capacit), building and social economy initiatives to sustain regeneration in the Greater Lisbum area ihrough building connections and alliances to positively influence decisions that will affect the communities served by the Trust and its niembers. Our Vision.. Connecting People. Transfomiing Communilies Our Mission: To create a sustainable environment where all are proud to live, learn, play, and work." Our Values: Inclusion, Collaboration, Leadership, Integrlry Powered by our social enterprise5, M'e work alongside our membership and external organisation5 who share our value5 to connect people and transform comtnunities and we- Physically regeneraie ¢ommunil)' facilities to creaie a Susthinable environment. Provide information and support io ensure people can physically and mentally flourish. Provide educaiion and training opportunities. Create meaningful employnent opportunities. Develop social enterprises that empower people and communities. Champion good relations to ensure there are sthble and safe communities for everyone to thrive. Consolidate peace by easing community tensions. Between 2024 and 2027, we will support the delivery of our strategy by focusing on the following three goals: l. Thriving people - everyone reaches Iheir full potential. 2. Strong, stable, and sustainable communities - we want regenerated and connected communities. 3. A resllient Resurgam - a robust and resilient organisation Page 3

The Resurgam Community Development Trnst Limited Trustees, Report (Incorporating the Director's Report) Our big ambilions To help chart our progress over the nex( decade. we have developed five big ambitions that aim to drive our collective impact working alongside our community partners. Working in partnership we will.. l. Help all people to thrive. 2. Build safe and connected communities. 3. Regenerate lives and communities. 4. Become self-sustaining. 5. Use knowledge to drive change. Strategic Aims AIM I: Championing prevention and earlv intervenlion in all areas of our work. AIM 2: Providing opportunities and support for people to thrive through health, education, housing and employment. AIM 3: Working in partnership to maintain and strengthen good relations and community safety. AIM 4: Advocating with and for people to access, influence and transform their local community. AIM 5: Addressing dereliction and supporting our membership to further enhance community assets and infrastructure. AIM 6: Strengthening environmental sustainability and community resilience through place shaping. AIM 7: Sustaining and further developing community based social enterprise. AIM 8: We will support our staff and volunteers to ensure both the people. and the organisation can reach their ftill potential. AIM 9: We will further develop sustainable income generation models to support the long-term delivery of our vision and strategy. AIM IO". We will strive to ensure our governance, operating model, risk, safeguarding and health and safety is robust and resilient. AIM I I: We will ensure our work is infomied by the needs and experiences of local people and communities. AIM 12: We will communicate our story of impact and transforniation to inforn), involve and inspire. Resurgam L2ke a trauma informed approach to our worl and we focus on delivering real outcomes for individuals: their familie5 and the wider cotnmunity Objectives to meet PfG Outcomes Our children and young people have the best start in life. Throu￿ Early Intervention Lisburns prevention and earlv intervention work in the community and throu￿ our Help Kids Talk, this project will result in a positive inipact across all areas of a child s life including educational attainment, mental health and M'ellbeing. social relationships. and emplo)'ability later in life. We live and Jvork sustainably- protecting the environmenL Developing ihe Honeybee Apiary. Maintaining the Community Fridge and reducing food waste. Through protecting and promoting naiural environmeni such as developing community gardens. Through 'Place Shaping, with Lisbum & Castlereagh City Council and the Northern Ireland Housing Executive. Reducing Carbon Footprint through literacy in community resources and projects. Page 4

The Resurgam Community Development Trnst Limited Trustees, Report (Incorporating the Director's Report) We have an equal and inclusive soeiety where evervone is valued and treated M'ith respect. Championing good relations work through Lisburn People s Support Project (LPSP) Welcome Project. The main aim is to creaie a truly inclusive communitv which welcomes all regardless of difference. We ivork toivards achieving community. Iransfomiation and community, cohesion, sharing and integration by support and signposting, tackling racism: promoting iolerance and challenging stereotvpes. Celebrating culture and tradition of the diverse range of identities in Lisburn City is key, especially relevant for Newcomer families including Asylum Seekers and Refugees. Furtherniore, we are taking this approach across all our services and throughout Resurgam Trust. We all enjoy long) healthy, active lives. We deliver programmes which adop( a social prescribing model. We embed the Southeast Mind Matiers (SEMM) of trauma infomled support for people experiencing mental health issues across the population (including children). We continue to provide suppor( lo the l in 5 people in Northern Ireland who live with chronic pain through delivery of Better Days Pain Support programme: We sustain the community fridge. We provide innovative approaches to engage and support people who are most excluded from accessing health and other wellbeing supports. We maintain a focus on the social detenninants of health to understand and seek to reduce health inequalities through integrated working. Everyone can reach their potential. Providing emploJThent opportunities for over l 00 people through our 9 social enterprises (2 in year). Providing one to one mentoring and support to empower children. young people and individuals. Providing training and employability ski115 across our Social enterprises and Resurgam Youth Initiative. Evervone feels safe- we all respect the law and each other. Providing support to Perfectly Prideful - LGB TQIA+ Support Group for young people. Maintaining good relaiions and community safely in communities throuoh the management and delivery of Lisburn SAFE which aims to creaie a communitv environment which is safe, free from criminality, anti-social behaviour and a connecied community in which we can all respect each other's Core values and be proud to live. work. socialise and play. Promote our centres as Safe Places for anyone experiencing risk including domestic and sexual violence. We have a caring society that supports people throughout their lives. We provide innovative approaches to engage and support people who are most excluded from accessing health and other wellbeing supports. We promote our social café, youih drop ins and other infornlal opportunities and spaces for people to connect and socialise in a safe place. We promote a 'no ￿Ong door. approach across all our businesses, services, projects and membership ensuring people can be supported at the right time and the right place as iheir needs change across their life journey. We maintain a non-stigmatising approach to supponing people in poverti, b) providlng non-judgemental support in the form of initiatives addressing food. fuel poveny and other financial stresses faced by people in our communi(ies. We build capacity across our communiiies to seek 10 achieve zero suicides across our communities Providing support to Men's Groups, Women's Groups, Senior Groups and Youth Groups. Page 5

The Resurgam Community Development Trnst Limited Trustees, Report (Incorporating the Director's Report) The following sections for achievements and perforniance and financial review form the strategic report of the charity. In serting our operational planning for the year. the trustees have given careful consideration to the Charity Commission for Northem Ireland's guidance on public benefit to ensure tliat the activilies have helped to achieve the charity's purposes and provide a benefil to ihe beneficiaries. Page 6

The Resurgam Community Development Trnst Limited Trustees, Report (Incorporating the Director's Report) Achievements and performance The Resurgam Trust secured and delivered a package of £217.500 to support the Fom)er Hilden Mill School refurbishment. This complemenls the invesimeni by Llsburn Castlereagh Ciry, Council and Heritage Lottery Fund to refurbish the community. asset. Lisburn Museum have been leading on the Interpretlve History eleinent of the school with support from a Heritage Advisory Group from local community and stakeholders of the school The Resurgam Trust structures has a 25-year history of community regeneration resulting in improved outcomes on the social detenninants of health. A central component of the Resurgam Trust's long-tenn financial sustainability plan is a community-led housing model, the main aim of this niodel was always to ensure that the organisation was financed in such a way that its long-term financial health would be secured. Resurgam have continued to develop their model of social enterprise and regeneration, all governed and monitored by their Board: Steering Group and Audit and Risk Committee M'ith support from Li5burn caStlerea￿ City Council, Department for CoTnmunities {DfC) Innovation and Research and Dfc Community Investment Funding. To complemeni ihis there is a Sustainabilitv Plan which has specific actions in tern)s of financial forecasting and income generation across the Income Spectrum. The operational plan has been central in developints a Strategic Plan for the next ten years and testimony to Resurgams vision is the focussed overarchino strategi¢ objectives and themes which have remained common since inception in 2011. These have been reviewed: linked closer to Programme for Government (PfG) and Lisbum Castlereagh Community Plan. This is complemenied by an Operational Plan. Resurgam Board have implemented a learning model for their meetings where RT staff come and present on their projects - this has been successfill in sharing infornlalion but also troubleshooting. RT Elevate Project using Knowledge Transfer for two communities - Hillhall and Hilden where they can learn about the projects taking place in a social enterprise community building (Laganview Enterprise Centre and JD Youth Centre) this includes training on Community DevelopmenL Impact Measuremenl Health Inequalities, social Media promotion. Linking with Housing for All partnership to create opportunities for communities including youth interventions and shared history projects which have an intergenerational theme. Mental Health Champion5 engaged in refresher training and induction training for new champions (Lisburn Common delivered training) HLC group5 maintained through accessin including.. Better Days Pain Group Community Fridge Volunteers T-Group (Men's and Hens crafts & environmental) Mental Health Ambassadors Reading Rooms (Store￿elling) fuTJding for initiatives including trips and community projects Page 7

The Resurgam Community Development Trnst Limited Trustees, Report (Incorporating the Director's Report) Emerging Areas of Work Maintenance of Servo Contract Services Grounds Maintenance with Idverde - Social Clause Contract. Sustained 9 social enterprises with creating employmeni for 100 people Secured finance for refurbishment of Hilden School and associaied social enterprises equipment Developed the Communi(y Led Housing Model with parthership between Radius Housing and Northern Ireland Housing Executive including managing 15 units in Chapel Hill Mews Delivered children and young people's services through tri-partite model of Early Intervention Lisburn, Resurgam Healthy Living Centre and Resurgam Youth Initiative Reducing Health Inequalities through delivery of services through Resurgam Healthy Living Centre including Community Fridge and Social Cafe, supported by Public Health Agency and HSC Trust. Voliinteer pool of 500 supporting delivery of project within Li5burn SAFE, Early Intervention Lisburn and Resurgam Youth Initiative and Healthy Living Centre. Comniunity Academy Nl remains a key element of Re5urgam's 'give-back' with knowledge transfer being shared within The Executive Office's Urban Village prograinme. Li5nagarvey Men'5 Shed continue to link in with Aue Friendls, initiatives including Work with Tnentors helping to develop the Honey Bee apiary, community gardens and crafts. Welcome House remains to deliver services for underrepresented groups including Connected Minds Youth Committee, supporting LGB TQi+ being supported. interveniions targeting ihose with Special Educational Needs and Disabilities. Ethnically Minorilised groups: Newcomers including Asvluni Seekers and Refugees. 5 apartments targeiing }'outh homelessness, supported by MACS and Northern Ireland Housing Executive. PEACEPLUS opportunities including social enierprise, women and >'oung people's development. Community Assets: LCCC Due Diligence training for Hillhall Regeneration Group {RT mentoring) - this includes partnership with Lisburn Cathedral working toivards Community Hall. Seymour Hill & Conway Residents Group - working with LCCC lo identify the direction of travel for the group in ternis of new community facility - this will be a process of capacity building in the area. RT staff engaged in reporttng models for Community Led Housing Models - RT Healih}' Living Centre has been commissioned to support this service with their ElemeTJtsl model whicli coinplements measuring data and pooling infomiation on data-bases (all working to GDPR). Resurgam core team of 4 staff seeking opportunities with public bodies for the trdnsfer of assets or models of long tem) lease for benefit of community, for example: Lisburn Casilereagh City Council's CAT Polic)i aiid City Centre Dereliction. Leased Community Hubs - RT mainlained leases with LCCC for 3D Youth Centre and Hillhall Centre as well as NIHE Community Houses and the SE Incubation Hub at Rushmore Units. Social Value Contracts with NIHE contractors - Idverde have grasped the spirit of partnerships with a team of contractors and equipment provided with a second team secured in new NIHE tender. Former Hilden Mill School has been constructed in year and will service the local community and wider tourism through three elements including (i) Tearoom at Hilden Mill (li) Little Weavers Da), Care (iii) Interpretive History space, supported by Li5burn Museum. The two new SE'S have been 5UPPOrted b! the Community Ownership Fund Capital Equipment and Garfield Weston Capital grant5 for internal furnishings and equipment. RT continue to support the Heritage Advi50ry Group (HAG) in the development of OCN trained volunteer tour guides for their interpretive history Space and outdoor link5 to Glenmore Trail and River Lagan Trail. The Welcome House 'Good Relations Hub. has developed itself into a base for Inclusion work where events in Lisbutn City Centre's Historical Quarter are hosied with focus on supporting underrepresented groups to deliver activities, including cross community, multi cultural. SEND groups and LGB TQIA+ Allies groups. Page 8

The Resurgam Community Development Trnst Limited Trustees, Report (Incorporating the Director's Report) Governance Organisational Support Structures.. Steering Group Working Better Together Group Audit and Risk Committee Advisory Group Board of Directors Agency Support Lisburn Castlereagh City Council= (i) Lisburn Castlerea￿l City. Council'5 Community Services Festivals Fund5 (li) Community Facilities Fund - Hillhall Community Hall (Due Diligence} Communitv Support Grants and Community Northern Ireland Housing Executive Community Involvement and Cohesion - Small Grant5 and Engagement in Housing Community Network, e.g., older people's groups. environmental work, community action planning. SE HSC Trust - Community Health Champions (trainints and budtsets for health promoiion. for example, CDHN Elevate (Year 2 communicaiion with two Communities, Hilden and Hillhall), pain groups, friendship groups, mental health and wellbeing activities, Lei's Cook) Edllcaiion Authority.: Management committees enoaging in LAG (Local Advisorv Groups) to inform delivery in areas including community safety Issues (Hotspots) - (linking, awareness and needs sessions} Engaging with 40 members and projects on future work and social enterprise inc employees. En]plovment". Resiirtsam has Created employnent for over 130 people Communit￿. based social enterprises has a colleciive turnover of £2 million Social Enterprises contribute £2 million to the local economy ihrough salary contribution Management and Governance Sustainability Plan Impact Framework Successin Plan Reviewed Strategic Planning Social History Page 9

The Resurgam Community Development Trnst Limited Trustees, Report (Incorporating the Director's Report) Fin vi Funding Resurgam Trust has received funds totalling £867,059 in respect of the period ended 31 March 2025 for community support from the following funders: Dfc 100.134 Lisbum City Council Healthy Living - projects Other funders 27,549 118,768 211.427 Community Academy Empowering Youth Hilden 55,217 141,952 212,012 In addition, the trust also generated funds through fundraising activities and its community-led housing portfolio. Resurgam has also continued to develop ihe social enterprise and regeneration projects with a combined turnover of £1.248,756 in 24-25. The Statement of Financial Activities set out on page 16 shows an unrestricted surplus for the year of £159,760. Potential funding Resurgam will continue to seek additional fimding and Service Level Agreements for localised work, focused on Social Enterprise and Regeneration. Reserves The Resurgam Trust policy on reserves is to hold suificient resources to continue the charitable activities of the group should income and fundraising activities fall short. The Board considers that the group should hold a sum equivalent to 3 months running costs. pi Deliver on l O Year Strategic Plan and 3 Year Operational Plan Sustainability of Services and Community Connect Resurgam Youih Initiative Lisbiirn SAFE Resurgam Healthy Living Centre Early Iniervention Lisbum Community Academy Nl Succession Planning Maintain Social Enterprise and explore opportUTJities Organisational Resilience Marketing and Promotion of Services Social Value: NIHE, Idverde, PK Murphy - Partnership with Servo Contract Services Buy Local - Sustainability of social enterprise, support small business, generate local employment Building on success= Hilden School Project - tnaintenance of 2 social enterprises Community Academy Nl - delivery olcontact and maintain pool olassociates Community Led Housing Model (Welcome House: Chapel Hill Mews + . Page 10

The Resurgam Community Development Trnst Limited Trustees, Report (Incorporating the Director's Report) Political instability Reduce Inequalities through maintenance and development of community led self-help projects Three main priorities.. To consolidate and secure funding to sustain our current community based activities. Resurgam Healihv Living Centre Resurgam Youth Iniiiative Early Intervention Lisburn Lisbum SAFE Community Academy NI To scale-up and develop our community led housing model. To support the Fonner Hilden Mill School. create new and meaningful employment opportunities and become a model of good practice in Lisbum City. Threaded throughout the delivery include.. o Good Relations Lisburn PSP target Under-Represenied groups and Ethnically Minoritised groups and Newcomers including Asylum Seekers ands refugees. o Social Enterprise - to mainthin current SE, develop Community Led Housing Models and Hilden's two SE'S (Tearoom and Childcare) o Political Engagement - Lobby Storniont and Local Council Departments The Resurgam Trust are working to develop an Impact Card from their Strategic and Operational Plan. The Outcome Based Accountability Card5 and 'LOGIC nd Theory of Change, will highlight the following impacts by knowled. e of what is important to community, investment from statutory Providers and empowering community to deliver change that reduces inequalitie5- The community has well developed physical and social assets The conimunity is a stable and safe place to live There 15 a positive community identitv Communitv is able io attract invesimeni and develop economic sustainability and resilieTJce Community has access to meei its needs Trustees, responsibilities statement The trustees, who are also directors for the purpose5 of company law, are responsible for preparing the tru5tees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the sthte of affairs of the charithble company and the incoming resources aTJd application of resources, including ihe income and expenditure, for ihai period. Page 11

The Resurgam Community Development Trnst Limited Trustees, Report (Incorporating the Director's Report) In preparing these financial slatements, the trustees are required to: seleci suitable accoun(ing policies and Ihen apply them consisienils,: observe the methods and principles in Ihe applicable Chariiies SORP; make judgements and accouniing estimates thai are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. 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 aiid enable them to ensure that the financial slalements comply with Ihe Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the preveiition and detection of fraud and other irregularities. Auditor Each of the persons who is a trustee at the date of approval of this report confinns that: so far as they are aware, there is no relevant audit infornlation of which the charity's auditor is unaware. and they have taken all steps tha( they ought to have taken as a trustee to make themselves aware of any relevant audit infomlation and to establish that the charity's auditor is aware of thai inforniation. 19 Dec 2025 The annual report was approved by the trustees of the charity on .................... and signed on its behalf by: Mr P Dean Trustee Page 12

The Resurgam Community Development Trnst Limited Independent Auditor's Report to the Members of The Resurgarn Community Development Trust Limited Opinion We have audited the financial statements of The Resurgam Communit), Development Trust Limited ('parent charity,) and its subsidiaries (the 'group') for ihe )'ear ended 31 March 2025. which comprise the Consolidated Statement of Financial Activities, Consolidated Balance Sheet, Balance Sheet. Consolidated Statement of Cash Flows and Notes to ihe Financial Statements. including a summary, of significant accounting policies. The financial reporting framework ihat has been applied in their preparaiion is United Kingdom Accounting Standards, comprising Charities SORP - FRS 102 'The Financial Reportiiig Standard applicable in the UK and Republic of Ireland, and applicable law (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements- give a true and fair view of the state of the group's and parent charity's affairs as at 31 March 2025 and of its incoming resources and application of resources: including its income and expenditure, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with Internaiional Sthndards on Auditing (UK} {ISAs (UK)) and applicable law. Our responsibililies under those standards are further described in the auditor responsibilities for the audit of the financial sthiemenis seciion of our report. We are independeni of the group in accordance with the ethical requirements thai are relevant to our audit of the financial statemenis in the UK. iTJcluding the FRC'S Ethical Standard. and we have fulfilled our oiher eihical responsibilities in accordaiice with these requireinents. We believe that the audit evidence we have obthined is suificient and appropria* to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements. we have concluded that the trustees use of the going concern basis of accounting in the preparation of the fLnancial statements is appropriate. Based on the work we have perfornled, we have not identified any material uncertainties relating to events or conditions that, individually or collectively.. may cast sitsnificant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilitie5 and the responsibilities ol the trustees with respect to going concern are described in the relevant sections of this report. Other information The trustees are responsible for the other inforniation. The other inforniation comprises the inforniation included in the annual report. other than the financial statements and our audiior's report thereon. Our opinion on the financial statemenis does not Cover the other infomiation and: except io the extent otherwise explicitly stated in our report, M'e do not express any form of assurance conclusion ihereon. Page 13

The Resurgam Community Development Trnst Limited Independent Auditor's Report to the Members of The Resurgarn Community Development Trust Limited In connection with our audit of the financial ststements, our responsibility is to read the other infonnation and, in doing so: consider whether the other inforniation is materially inconsistent M.-ith the flnancial statements or our knoM,ledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements. M'e are required to detennine ivhether there is a material misstatenient in the financial Statements or a material mi5Statement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other infonnation, we are required to report that fact. We have nothing to report in this regard. Opinion on other matter prescribed bv the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit= the infom)ation given in the Trusiees, Report for the financial year for which the financial statements are prepared is consistent with the financial statemenis: and the Trustees, Report have been prepared in accordance with applicable legal requirements. Matters on whieh we are required to report by eTeeption In the li￿t of our knowledge and understanding of the group and the parent charitv and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustee5' Report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion- adequate accounting records have noi been kepi by the parent charitable company, or returns adequate for our audit have not been received from branches not visiied by us- or the parent charitable company [￿anCIal statements are not in agreement with the accounting records and retums. or certain disclosures of trustees remuneration specified by law are not made; or we have not received all the inforniaiion and explanations we ￿qUIre for our audit. Responsibilities of trustees As explained more fully in the Trustees, responsibilities statemenl the trustees 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 the trustees detennine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing.. as applicable, matters related to £oing concern and using the going concem basis of accounting unless the trustees either intend 10 liquldate the charity or to cease operations, or have no realistic altemative but to do so. Audilor responsibilities for the audit of the financial stalements Our objectives are to obtain reasonable assurance about wheiher the financial slatements as a whole are free from material misstatement, whe(her due to fraud or error, and io issue an auditor'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 (UK) will alwa)'s detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of deiecting irregularities, including fraud is detailed below: Page 14

The Resurgam Community Development Trnst Limited Independent Auditor's Report to the Members of The Resurgarn Community Development Trust Limited We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our sector experience through discussion with the Directors and other management (as required by auditing standards). We had regard to laws and regulations in areas thai direcil>' affeci (he financial statements including financial reporting and thxation legislation. We considered that exteni of compliance wlth those laws and regulations as part of our procedures on the relaied financial staiement items. With the exception of any knomm or possible non<ompliance, and as required by auditing standards, our work in respect of these was limited to enquiry of the Directors. We communicated applicable laws and regulations throughout our audit team and remained alert to any indications of non-compliance throughout the audit. We addressed the risk of fraud through management override of controls, by testing the appropriateness of journal entries. and other adjustments. assesslng ivhether the judgements made in making accounting estimates are indicative of a potential basis: and evaluating the business rdtionale of any significant transactions that are unusual or oulside the nomlal course of business. Our audit procedures were designed to respond to risks of material missiatemenl in the financial statements, recognising that the risk of not detecting a material missthiement due lo fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealmeni by, for example, forgery, misrepresentations or through collusion. There are inhereni limiiaiions in the audit procedures perfonned and the further removed non-compliance with laws and regulations is from the events and trai)sactions reflected in the financial statements, (he less likely we are to become aware of it. A further description of our responsibilities is available on the Financial Reporting Council's web51te at- www.frc.org.uk/auditorsrespon5ibilities. This description forms part of our auditor's report. Use of our report This report is made solely to ihe parent charity's trusiees as a bod}i in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audil ivork has been undertaken $0 that M'e might state io the parent charity's trustees those matters we are required to state to ihem in an audiior's report and for no other purpose. To the fullest extent pern)itted b! law, we do not accepi or assume responsibility to anyone other than the parent charity and its trustees as a body, for our audit work, for this report, or for the opinions we have fonned. riA S4.- Brian Siewart (Senior Statutory Auditor) For and on behalf of RBCA Limiied (Sthtuiory Auditor) Linenhall Exchange 26 Linenhall Street Belfasi BT2 8BG 19 Dec 2025 Date:............................. Page 15

The Resurgam Community Development Trnst Limited Consolidated Statement of Financial Activities for the Year Ended 31 March 2025 (Including Consolidated Income and Expenditure Aecount 2nd Statement of Total Recognised Gains and Losses) Unrestrieted funds Restricted funds Total 202) Toial 2024 Note ncome and Endowments from: Donaiions and legacies Chariiable activilies Other trading activities Other income 39.936 178.464 ,025.356 5.000 39,936 1.045,523 1,025,356 5,000 34,054 577,084 1,111,206 187,558 867,059 Total income 1.248.756 867.059 2,115,815 1,909.902 Expenditure on: Raising funds Charitable activities Other expenditure (765.175) (J19.)70) (4,451) (765,175) (1,108:120} (4,451 } (815,920) (948,497) 1,505 (788,750) Total expenditure Gainsllosses on investment assets {1.088,996) (788,750) (1,877,746) (1,762,912) {310:673) Net income/{expenditure} 159.760 238,069 {163,68J) Net movement in funds 159.760 238,069 (163,683) Reconciliation of funds Total funds brought forward 937,687 2.714,114 3,651,801 3,815,4&1 Total funds carried foThvard 23 1,097,447 2,792,423 3,889,870 3,651,801 All of the group's activities derive from continuing operdtions during the above two periods. The funds breakdown for 2024 is showTr in note 23. The notes on pages 20 to 34 forni an integral part of these financial statements. Page 16

The Resurgam Community Development Trnst Limited (Registration number: N1605696) Consolidated Balance Sheet as at 31 March 2025 2025 2024 Note Fixed assets Tangible assets Investments 13 1,525,920 1,460.000 1,405,337 1,460,000 2,985,920 2,865,337 Currenl assets Stocks 15 29,347 259,520 1,041,589 18,060 218,227 836,569 Debtors Cash at bank and in hand 16 17 1,330,456 1,072,856 Creditors: Amounts falling due within one vear 18 (399,210) {263:485) Net current assets 931,246 809,371 Total assets le55 current liabilities 3,917,166 3,674,708 Credilors: Amounts falling due after more than one year 19 (19,941) (19,942) Provisions 21 (7,355} (2,965) Net assets 3.889.870 3.651,801 Funds of the group: Restricted income funds Restricted funds 2,792,423 2,714,114 Unrestricted income funds Unrestricted funds 1,097,447 937,687 Total funds 23 3.889.870 3.651,801 Fyt)lw￿al statements on pages 16 to 34 were approved by the trustees. and authorised for issue on and signed on their behalf by= Mr P Dean Trustee The notes on pages 20 to 34 forni an integral part of these financial statements. Page 17

The Resurgam Community Development Trnst Limited (Registration number: N1605696) Balance Sheet as at 31 March 2025 2025 2024 Note Fixed assets Tangible assets Investments 13 167,560 1,460.000 8,165 1,460,000 1,627,560 1,468,165 Currenl assets Debtors Cash at bank and in hand 16 228,923 879,919 195,256 709,899 17 1.108,842 905,155 Creditors: Amounts falling due within one vear 18 (308,948) (215,085) Net current assets 799,894 690,070 Net assets 2.427,454 2,158.235 Funds of the charity: Restrieted income funds Restricted funds 1.509,128 1,406,895 Unrestricted income funds Unrestricted funds 918,326 751,340 Total funds 23 2.427,454 2,158,235 TIÉS￿￿￿CIal statements on pages 16 to 34 were approved by the trustees, and authorised for issue on and signed on their behalf by= Mr P Dean Trustee The notes on pages 20 to 34 forni an integral part of these financial statements. Page 18

The Resurgam Community Development Trnst Limited Consolidated Statement of Cash Flows for the Year Ended 31 March 2025 2025 2024 Note Cash flows from operating activities Net cash incomel(expenditure) 238,068 {163,683) Depreciation Loss/{profit) on disposal of intangible fixed assets Increasel(decrease) in accrued expenses Tax Paid 102,073 4,451 71,959 89,243 (1,505) (32,456) 1,450 416,551 (106,951) Working capital adjustments (Increase)Idecrease in stocks Increase in debtors Increasel(decrease) in creditors 15 (11,287) (41.293) fv1,891 1,890 (48,209) (9,066) 16 18 Net cash flows frotn operating activities 428.862 {162:336) Cash flows from investing activitie5 Acquisition of intangible assets Revaluation of investments Acquisitions of tangible assets (14,927) 310,673 (223,842) Net cash flows from investing aclivitles (223,842) 295,746 Net increase in cash and cash equivalents 205,020 13J,410 Cash and cash equivalents at l April 836.569 703,159 Cash and cash equivalents at 31 March 1.041,589 8)6.569 All of the cash flows are derived from continuing operalions during the above two periods. The notes on pages 20 to 34 forni an integral part of these financial statements. Page 19

The Resurgam Community Development Trnst Limited Notes to the Financial Statements for the Year Ended 31 March 2025 I Charity status The charity is a public benefit entity and a private company limited by guardntee, incorporated and registered as a charit), in Northem Ireland. The address of its registered offjce is= otTice 3 Laganview Enterprise Centre 69 Drumbeg Avenue Lisburn County Antrim BT28 INY 2 Accounting policies Summary of significant aeeounting policies and ke). aecounting estimates The principal accounting policies applied in the preparation of these f￿anCIal statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. Statement of complianee The financial statements have been prepared in accordaT]ce with Accounting and Reporting by Charities.. Statement of Recommended Practice (applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland (FRS 102}} (i55ued in October 2019) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Basis of preparation The financial sthiements have been prepared on the hisiorical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling,which is the operating CUr￿￿¢Y of the entity. Basis of consolidation The financial statements consolidate the financial statements of Resurgam Community Development Trust Limited and all of its subsidiary under(akings. The parent company has applied the exempiion in seclion 408 of the Companies Act 2006 and has not presented its individual statement of financial activities. Going concern The trustees consider that ihere are no material uncertainties about the group's ability to continue as a going concern nor any significant areas of uncertainty thal affect the canying value of assets held by the group. Accordingly, these financial slalements have been prepared on a going concern basis. Page 20

The Resurgam Community Development Trnst Limited Notes to the Financial Statements for the Year Ended 31 March 2025 Incoming resourees All incoming resources are included in the statenient of financial activities when entitlement has passed to the charity.; it is probable that the economic benefits associated ￿'1th the transaction will flow to the charity and the amount can be reliabl! measured. The following Specific policie5 are applied to particular categories of income.. income from donations or grants is recounised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or Ihe esiimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and retumed if unspent, in which case it may be regarded as restricted. Expenditure Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: expenditure on raising funds iTtclude5 the costs ol all fundraising activities, events, non-charitable trading activitie5, and the sale of donated goods. expenditure on charitable activitie5 includes all costs incurred by a charity in undertaking activitie5 that further its charitable aims for the benefit of its beneficiaries, including those 5UPPOrt costs and costs relating to the governance of the charity apportioned to charitable activities. oiher expenditure includes all expenditure that is neiiher related to raising funds for the charity nor part of its expenditure on charithble activilies. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allo¢aied directl), io ihat aciivitv. Shared Costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. Taxation The charity is considered to pass the tests sel out in Paragrdph I Schedule 6 of the Finance Act 2010 and therefore it meets (he defini(ion of a charitable company for UK corporation lax purposes. Accordingly.. the charity is potentially exempt from taxaiion in respect of income or capital gains received within categories covered by Chapter 3 Part I l of the Corporation Tax Aci 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Tangible fixed assets Individual fixed assets are initially recorded at cosL less any subsequent accumulated depreciation and subsequent accumulated impainnent losses. Page21

The Resurgam Community Development Trnst Limited Notes to the Financial Statements for the Year Ended 31 March 2025 Depreciation and amortisation Depreciation is provided on tangible fixed assets so as to ￿TIte off the cost OT valuation, le55 any estimated residual value: over their expected useful economic life as follows- Asset elass Land and Buildings Building Alterations Furniture and equipment Motor vehicles Depreciation method and rate 4°/0 straight line l O /0 straight line 20/0, 25 % & 3)/0 straight line 25 /0 reducing balance Investment properties Investment property is carried at fair value. derived from the current market prices for comparable real estate detemiined annually by exiernal valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss. Stock Stock is valued at the lower of cost and es(imaied selling price less costs to complete and sell, after due regard for obsolete and slow moving slocks. Cost is deterniined using the first-in. first-out (FIFO). Trade deblors Trade debtors are amounts due from customers for merchandise sold or services perfornled in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method: less provision for impainnent. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original tenns of the receivables. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-tenn h]￿lY liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Trade creditors Trade creditor5 are obligations to pay for good5 OT Services that have been acquired IT] the Ordinary course of business from suppliers. Accounts payable are cla55ified as current liabilities if the charity doe5 not have an unconditional right, at the end of the reporting period. to defer settlement of the creditor for at least twelve months after the reporting date. If there is an uncondilional right to defer settlement for at least twelve months after the reporting date, they are presenied as non-curreni liabilities. Trade creditors are recognised iniiially at the transaction price and subsequently measured at amortised cost using the effective interest method. Page 22

The Resurgam Community Development Trnst Limited Notes to the Financial Statements for the Year Ended 31 March 2025 Borrowing5 Interest-bearing borrowings are initially recorded at fair value. net of transaction costs. Intere5t-bearing borrowings are subsequently carried at amortised cost. with the difference between the proceeds, net of transaction cost5, and the amount due on redeniption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabililies unless ihe charity has an unconditional right to defer settlement of the liabilitv for at least twelve months after the reporting date. Provisions Provisions are recognised w,hen the charit). has an obligation at the reporting date as a result of a past event, it is probable that the charity will be required to settle Ihai obli£aiion and a reliable estimate can be made of the amount of the obligation. Fund slruclure Unrestricted income funds are general funds that are available for use at the ￿usteeS discretion in furtherance of the objectives of the group. Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricied to that area or purpose. Financial instruments A financial asset or a financial liability are recognised when the charity becomes a paty to the contractual provisions of the instrument. Basic financial instnllnents are initlally recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequenily measured at the cash or other consideration expected to be paid or received and not discounted. Where investment in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other investments are measured at cost less impairnient. Other financial instruments including derivatives, are Tecognised at fair value, unless paJTnent for an asset is deferred beyond nomial business tern15 or financed at a rate of interest that is not a market rate, in which case the asset is measured at present value of the future payments discounted at tnarket rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairrnent at the end of the reporting date. If there is objective evidence of impairrnent, an impairrnent loss is recognised under the appropriate heading in the 5tatetnent of financial activities in which the initial gain was recognised. Page 23

The Resurgam Community Development Trnst Limited Notes to the Financial Statements for the Year Ended 31 March 2025 For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impainnent. Other flnancial assets are either assessed individually or grouped on the basis of similar credit risk chardcteristics. Any reversals of impairnient are recognised immedialely. to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the canying amount would have been had the irnpairment not previously been recognised. Defined Contribution plans Contributions to defined contribution plans are recogni5ed as an expense in the period in which the related service is provided. Prepaid contribution5 are recognised as an asset to the extent that the prepa)qllent will lead to a reduction in future paJn]ents or a cash refund. When contributions are noi expected to be settled wholly wiihin 12 months of the end of the reporting date in which the emplo>'ees render the related service. the liabilily is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in ihe period in which it arises. 3 Income from donation5 and legacies Unrestricted funds Totsl 2025 Total 2024 Donations Donations 39,936 39,936 34,054 39,936 39,936 34,054 4 Income from charitable activities Restricted funds Tolal 2025 Hilden Lisburn City Council Early Intervention Lisburn Community Academy DFC Healthy Living Initiative Other Funders Comic Relief LCCC - Laganview Enterprise Empowering Youth 212,012 27,549 78,876 55,217 100,134 118,768 24,450 212,012 27,549 78,876 55,217 100,134 118,768 24,450 36,773 71,328 141,952 71,328 141.952 867,059 867,059 Page 24

The Resurgam Community Development Trnst Limited Notes to the Financial Statements for the Year Ended 31 March 2025 Restricled funds Totsl 2024 Lisburn City Council Community Academy Social Prescribing SEMM 34,053 116,873 18,777 42,609 99,899 77,928 33,542 57,702 31,171 fv1,530 34,053 116,873 18,777 42,609 99,899 77,928 33,542 57,702 31,171 64,530 DFC Healthy Living Initiative Other Funders Comic Relief LCCC - Laganview Enterprise Empowering Youth 577.084 577,084 Page 25

The Resurgam Community Development Trnst Limited Notes to the Financial Statements for the Year Ended 31 March 2025 5 Ineome from other trading aetivities Unrestricted Funds Restricted Funds Total Funds 2025 Resurgam Community Trusi Development Laganview Enterprise Centre Limited Lisburn Community Inns Limited Laganside Business Services Limited Lisburn Community Self Build Limited Premier Taxi Company Limited Intercompany trading 199.784 199,784 123,173 607,678 64.487 123,173 607,678 64,487 102,794 102,794 (72,560) (72,560) 1,025,356 1,025,356 Unrestricted Funds Restricted Funds Tolal Funds 2024 Resurgarn Community Trust Development Laganview Enterprise Centre Limi(ed Lisburn Community Inns Limited Laganside Business Services Limited Lisbum Community Self Build Limited Premier Taxi Company Limited Intercompany trading 248,385 105,506 61),366 53,817 90.103 67,061 (67,OJ2} 248,385 105,506 613,366 53,817 90,103 67,061 (67,OJ2) 1.111.206 1,111,206 6 Other income Unrestricted Funds Totsl Funds 2025 Unrestricted Funds Total Funds 2024 Other income 5,000 5,000 187,558 187,558 5.000 5,000 187.558 187.558 Page 26

The Resurgam Community Development Trnst Limited Notes to the Financial Statements for the Year Ended 31 March 2025 7 Expenditure on raising funds Unrestrtcted Funds Total Funds 2025 Unrestricted Funds Total Funds 2024 Resurgam Development Lisburn Community Inns Limited Laganside Business Services Limited Lisbum Community Self Build Limited Premier Taxi Company Limited Intercompany trading Community Trust 93,842 93,842 2J3,434 233,434 594.990 594.990 621,657 53,508 90,044 86,170 {268,892) 621,657 53,508 90,044 86,170 (268,892) 64,487 102,794 64,487 102,794 (90.938) (90.938) 765.175 765,175 815,921 815,921 8 Expenditure on charitable activities Expenditure on eharitable aetivities by fund type Unrestricted funds Restricted funds Total 2025 Lisburn City Council Healthy Living Other Funding DFC Hilden Community Academy Laganview Enterprise Centre Early Intervention Lisburn Comic Relief Empowering Youth Support cost5 20,135 107,240 5,337 100,134 212,012 55,217 95,252 78,876 36,773 77,774 20,135 107,240 5,337 100,134 212,012 55,217 236,158 78,876 36,773 77,774 178,464 140,906 178,464 319.370 788,750 1,108,120 Page 27

The Resurgam Community Development Trnst Limited Notes to the Financial Statements for the Year Ended 31 March 2025 Unrestricted funds Restricted funds Totsl 2024 Lisburn City Council Healthy Living Other Funding DFC Hilden Community Academy Laganview Enterprise Centre Social Prescribing Comic Relief Empowering Youth Support costs 34,053 77,928 33,542 99,899 42,609 116,873 214,679 18,777 57,702 64,530 187,904 77,928 33,542 99,899 42,609 116,873 90,177 18,777 57,702 64,530 124,502 187,904 312.406 636,090 948.496 Expenditure on charitable activities by activity l)pe Acttvity undertaken directly Grant funding of actiTr ity Total funds 2025 Total fund 2024 Lisbum City Council Healthy Living Other Funding DFC 20.135 107.240 20,135 107,240 34,053 77,928 33,542 99,899 42,609 100.lJ4 212.012 78.876 55.217 2J6.158 100,134 212,012 78,876 55,217 236,158 Hilden Early Intervention Lisburn Communlty Academy Laganview Enterprise Centre Social Prescribing Comic Relief Ernpowering Youth Support Costs 116,873 214,679 18,777 57,702 64,530 187,904 36,773 77,774 178,461 77.774 178.464 929.656 178.464 1,108.1?0 948,496 Page 28

The Resurgam Community Development Trnst Limited Notes to the Financial Statements for the Year Ended 31 March 2025 9 Taxation Major components of tax eipense/(ineome) 2025 2024 Current tax: UK current tax expense/{income) 4.451 (1.505) Taxation 4,451 (1,505) 10 Nel expenditure Net expenditure is stated after chargingl(crediting): 2025 2024 Depreciation of fixed assets 102,073 89,243 I I Staff costs The aggregate payroll costs were as follows: 2025 2024 Staff cost5 during the year were: Wages and salaries Social security costs Pension costs 595,769 73,870 654,465 49,916 18,047 708,860 722,428 The monthly average number of persons (including senior management / leadership team) employed by the group during the >'ear expressed as full time equivalenis was as follo￿.$. 2025 2024 Total Employees 34 34 No employee received emoluments of more than £60,000 during the year. 12 Trustees remuneration and expenses No trustees, nor any persons connected with them, have recelved any remuneration from the group during the year. Page 29

The Resurgam Community Development Trnst Limited Notes to the Financial Statements for the Year Ended 31 March 2025 13 Tangible fixed assets Group Land and buildings Furniture and equipment Building Alteration Molor vehicles Tolal Cost At l April 2024 Addition5 2.125,149 358.243 161.349 23,826 62,493 38,776 2,545,994 223,842 At 31 March 2025 2,125.149 519.592 38,776 2,769,836 Deprecialion At l April 2024 Charge for the year 787.588 59,006 316,540 9,946 8,788 27,769 3,878 1,141,843 102.073 At 31 March 2025 846,594 346.941 18,734 31,647 1,243,916 Net book value At 31 March 2025 1,278.555 172.651 67,585 7,129 1,525,920 At 31 March 2024 1.3J7.561 11,007 1,404,151 Charity Furniture and Equipment Motor vehicles Total Cost At l April 2024 Additions 85.775 85,775 184,840 270,615 158.450 26,390 26,390 At March 2025 244.225 Depreciation At l April 2024 Charge for the year At March 2025 77.611 77,611 18,446 6,998 25,444 96,057 6.998 103,055 Net book value At March 2025 148.168 19,392 167,560 At March 2024 8,165 8,165 Page 30

The Resurgam Community Development Trnst Limited Notes to the Financial Statements for the Year Ended 31 March 2025 14 Fixed asset investments Group 2025 2024 Investment properties 1,460,000 1,460.000 Investment properties Cost or Valualion At l April 2024 1,460.000 Provision At 31 March 2025 Iyet book value At 31 March 2025 1,460.000 At 31 March 2024 1,460.000 During 2023-24 all investment properties were valued by Taylor Patterson Eslate Agents, an external professional property valuer. 15 Stock Group Charitv 2025 2025 2024 Stocks 18,060 16 Debtors Group Charity 2025 2024 2025 2024 Trade debtors Prepayments Other debtors 134,803 15,650 109.067 140,194 34,741 43,292 114,405 11,525 102.993 122,438 29,230 43,588 259.520 218.227 ?28.923 195,256 17 Cash and cash equivalent5 Group Charity 2025 2024 2025 2024 Cash at bank 1.041.589 8J6.569 879,919 709.899 Page31

The Resurgam Community Development Trnst Limited Notes to the Financial Statements for the Year Ended 31 March 2025 18 Creditors: amounts falling due within one year Group Charity 2025 2024 2025 2024 Trade creditors Other taxation and social security Other creditors Accruals 141.207 25.977 71,063 19,519 20,714 152.028 99,742 65,739 2,796 206,410 1,537 147,809 223.987 J99.?10 26).J24 308,948 215,085 19 Creditors: amounts falling due after one year Group Charitv 2025 2025 2024 Other loans 19,941 19,942 20 Deferred tax The deferred tax included in the statement of fmancial position is as follows= 2025 2024 Included in provisions (note 21) 7,355 2,965 21 Provisions Deferred tax (note 20) At l April 2024 Movement 2,965 4,390 7,355 At 31 March 2025 22 Pension and other schemes Defined eontribution plans The amouni recognised in income or expenditure as an expense in relation to defined contribution plans was £39,221 (2024.. £18,047) Page 32

The Resurgam Community Development Trnst Limited Notes to the Financial Statements for the Year Ended 31 March 2025 23 Funds Group Other recognised gainsl(losses} Balance at 31 March 2025 Balanc¢ at I April 2024 Incoming resources Resourees expended Unrestricted funds General General funds Social Enterprise Development Fund Operational Fund 777.686 1,248.756 (1,088,995) 937,447 150.000 i 0,000 150,000 10,000 9J7,686 1.248.756 (1,088,995} 1,097.447 Restrieted funds Resurgam Property Big Lottery Healthy Living Lisburn City Council DFC Community Academy Early Intervention Lisburn Comic Relief Hilden Empowering Youth Other Funders Laganview Enterprise Centre 614,327 730.928 4,287 614,327 730,928 15,815 7,414 18.768 27,549 100.lJ4 55,217 78,876 36,773 212.012 141.952 24,450 (107.240) (20,135) (100.134) (55,217) (78,876) (36,773) (212,012) (77,774) (5,337) 64,178 76,466 57.353 1,307,219 71,3?8 (95,252) 1,283,295 Total restricted funds 2,714.114 867,059 (788.750) 2,792,423 Total funds 3.651.800 2.115.815 (1,877,745) 3,889,870 Page 33

The Resurgam Community Development Trnst Limited Notes to the Financial Statements for the Year Ended 31 March 2025 24 Analysis of net assets between funds Group Unrestricted funds General Total funds at 31 March 2025 Restricled funds Tangible fixed assets Fixed asset investments Current assets Current liabilities Creditors over l year Provision5 45,592 1,480,328 1.460,000 1,525,920 1,460,000 1,330,457 (399,211) (19,941) (7,355) 1.330,457 (251,305) (19,941) (7,355) (147,906) Total net assets 1.097.448 2.792,422 3,889,870 Unrestricted fund5 General Total funds at 31 March 2024 Restricted funds Tangible fixed assets Fixed asset investments Current assets Current liabilities Creditors over l year Provisions 1,355,OJ3 1,460,000 1,405.337 1,460,000 1,072.856 (26J.486) (19,942) (2,965) 1.072.856 (162.567) (19,942) (2,965) (100,919) Total net assets 937.686 2,714.114 3,651,800 25 Analysis of net funds Group At l April 2024 At 31 March 2025 Cash ftlows Cash at bank and in hand 8)6.569 205,020 1,041,589 Net debt 8J6.569 ?05.020 1,041,589 Page 34

nable Issuer RBCA Ltd Document generated Fri, 19th Dec 2025 16:58:10 GMT Document fingerprint 59ecb147dd815e727b79a2c5aa486c46 Parties involved with this document Document processed Party + Fingerprint Fri, 19th Dec 2025 17'.18.'50 GMT Philip Dean - Signer {3i£aOc71 b84b6d9b28c05dd2baa191fO) Fri, 19th Dec 2025 17'.21.'03 GMT RBCA Limited - Signer (054192bd04826bd54987c5faa63bb91n Audit history log Date Action Fri, 19th Dec 2025 16'.58.'10 GMT Envelope generated by Arya Gopal (188.66.74.80) Fri, 19th Dec 2025 16'.58.'11 GMT Document generated with fingerprint 59ecb147dd815e727b79a2c5aa486c46 {188.66.74.80) Fri, 19th Dec 2025 16'.58.'11 GMT Document generated with fingerprint d89ee278fb6ce8e12a4e50c2c346ddbb (188.66.74.80) Fri, 19th Dec 2025 17'.16.'39 GMT Sent the envelope to Philip Dean ([e-mail]) for signing (188.66.74.80) Fri, 19th Dec 2025 17'.16.'40 GMT Document emailed to [e-mail] Fri, 19th Dec 2025 17'.17.'10 GMT Philip Dean opened the document email. {176.249.136.70) Fri, 19th Dec 2025 17'.17.'10 GMT Philip Dean opened the document email. (176.249.136.70) Fri, 19th Dec 2025 17'.17.'23 GMT Philip Dean viewed the envelope {176.249.136.70) Fri, 19th Dec 2025 17'.18.'50 GMT Philip Dean signed the envelope (176.249.136.70) Fri, 19th Dec 2025 17'.18.'50 GMT Sent the envelope to RBCA Limited ([e-mail]) for signing (176.249.136.70) Fri, 19th Dec 2025 17'.18.'51 GMT Document emailed to [e-mail] Fri, 19th Dec 2025 17'.20.'21 GMT RBCA Limited viewed the envelope (188.66.74.80} Fri, 19th Dec 2025 17'.21.'03 GMT RBCA Limited signed the envelope (188.66.74.80) Fri, 19th Dec 2025 17'.21.'03 GMT This envelope has been signed by all parties (188.66.74.80) Fri, 19th Dec 2025 17'.21.'03 GMT Signed document confirmation emailed to [e-mail] (188.66.74.80) Fri, 19th Dec 2025 17'.21.'03 GMT Signed document confimiation emailed to [e-mail] (188.66.74.80)

Fri, 19th Dec 2025 17'.21.'03 GMT Signed document confimiation emails have been sent to all parties. Document URL: https'.Ilapi.signable.applshareablelenvelope?t=d4003c7441 Of4853-84c6-b aOcb9e648df (188.66.74.80)