Carrickfergus & District MENCAP Society Stalement ol Financial Aclivilies Year ended 31 December 2025 2025 Unrestricted funds Total tunds Total funds 2024 Note Income and endowments Investment income Other income 1,398 1,947 1,398 1,947 3,345 1,145 1,970 Total Income 3,345 3,115 Expenditure Expenditure on charitable activities Total expendlture 122,159 122,428 122,428 82,075 122,159 82,075 Nel gains on investments 1229,6871 1229,6871 1216,0161 Net income and net movement in funds 110,873 110,604 137,056 Reconciliation of funds Total funds brought lomard Total funds carried forward 1,744,427 1,744,427 1,607,371 1.855,300 1.855,300 1,744,427 The statement ol financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies. The notes on pages 7 to 13 form part of these financial statements. Carrickfergus & District MENCAP Society Statement of Financial Posilion 31 December 2025 2025 2024 Note Fixed assets Tangible fixed assets Investments 12 13 8,416 1,816,687 1,825,103 8,416 1,684,999 1,693,415 Current assets Debtors Gash at bank and in hand 14 269 52,393 31,788 31,788 52,662 Creditors: amounts falling due within one year Net current assets 15 1,860 1,650 29,928 1,855,031 1,855,031 51,012 Total assets less current liabilities 1,744,427 Net assets 1,744,427 Funds of the charity Unreslricled funds 1,855,300 1,855,300 1,744,427 Total charity funds 16 1,744,427 These financial statements were approved by the board of trustees and authorised lor issue on 18 May 2026, and are signed on behalf ol the board by.. Mr S Bell Trustee Mr I Crowe Trustee Mrs D McElroy Trustee Miss J Pollock Trustee The notes on pages 7 to 13 form part of these financial statements. Carrickfergus & District MENCAP Society Noles lo the Financial Slatemenls Year ended 31 December 2025 General information The charity is a public benefit entity and a registered charity in Northern Ireland and is unincorporated. The address ol the principal office is 31 Downshire Gardens, Carrickfergus, Co. Anlrim, BT38 7LN. United Kingdom. Statement of compliance These linaneial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic ol Ireland,, the Statement ol Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Charities Act (Northern Ireland) 2008. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at lair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the enlily. Going concern There are no material uncertainties about the charills ability lo continue. Judgements and key sources of estlmatlon uncertalnty The preparation ol the financial statements requires management lo make judgements, eslimales and assumptions that affect the amounts reported. These eslimales and judgements are continually reviewed and are based on experience and other factors, including expectations ol lulure events that are believed to be reasonable under the circumstances. Fund accounting Unreslricled funds are available lor use at the discretion of the trustees lo further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the Iruslees lor parti¢ular future proje¢l or commitment. Restricted funds are subjected lo restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds. Carrickfergus & District MENCAP Society Noles lo the Financial Slatemenls {¢onlynued) Year ended 31 December 2025 Accounting policies (continued) Incoming resources All incoming resour¢es are in¢luded in Ihe statement ol financial activities when entitlement has passed to the charity- it is probable that the economic benèfits associated with the transaction will flow lo the charity and the amount Can be reliably measured. The following spe¢ific poli¢ies are applied lo particular categories ol in¢ome'. income from donations or grants is recognised when there is evidence of enlitlemenl to the gift, receipt is probable and ils amount can be measured reliably. legacy income is recognised when receipt is probable and enlillemenl is established. income from donated goods is measured al the lair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost lo the donor or the eslimaled resale value. Donated facilities and services are recognised in the accounts when received il the value can be reliably measured. No amounts are included lor the contribution ol general volunteers. income from contracts for the supply ol services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement lor it lo be spent on a particular purpose and returned il unspent, in which case il may be regarded as reslricled. Resources expended Expenditure is re¢ognised on an accruals basis as a liability is in¢urred. Expenditure includes any VAT which cannot be lully recovered, and is Classified under headings ol the slalement of finan¢ial a¢livilies lo which it relales.. expenditure on raising funds includes the costs of all fundraising acb'vilies, events, non- charitable trading activities. and the sale ol donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further ils charitable aims lor the benefit ol ils beneficiaries, including those support costs and costs relating lo the governance of the charity apportioned lo charitable activities. other expenditure includes all expenditure that is neither related to raising funds lor the charity nor part of ils expenditure on charitable aclivilies. All costs are allocated lo expenditure categories reflecting the use ol the resource. Direct costs allributable lo a single activity are allocated directly lo that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. Tangible assets All fixed assets are inttially recorded al cost. Investments Fixed asset investments are initally recorded al cost, and subsequently slated at cost less any accumulated impairment losses. Carrickfergus & District MENCAP Society Noles lo the Financial Slatemenls {¢onlynued) Year ended 31 December 2025 Accounting policies (continued) Impairment of fixed assets A review lor indicators of impairment is carried out al each reporting dale. with the re¢overable amount being eslimaled wherè such indicators exist. Where the carrying value exceeds the re¢overable amount, the asset is impaired accordingly. Prior impairments are also reviewed lor tx)ssible reversal at each reporting date. For the purposes of impairment testing, when il is not possible to estimate the recoverable amount ol an individual asset, an estimate is made ol the recoverable amount ol the cash- generating untt lo which the asset belongs. The cash-generaling unil is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment lesling ol goodwill, the goodwill acquired in a business combination is, from the acquisition dale, allocated lo each ol the cash-generaling units that are expected to benefit from the synergies ol the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units. Financial instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions ol the inslrumenl. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected lo be paid or received and not discounted. Debt instruments are subsequently measured al amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured al fair value with changes in lair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial inslrumenls, including derivatives, are initially recognised al lair value, unless payment lor an asset is deferred beyond normal business terms or financed at a rale ol interest that is not a market rate, in which case the asset is measured al the present value ol the future payments discounted at a market rale ol interest lor a similar debt inslrumenl. Other financial instruments are subsequently measured at lair value, with any changes recognised in the statement of financial aclivilies, with the exception ol hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidenee ol impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless ol significance, and other financial assets that are individually significant, these are assessed individually lor impairment. Other financial assets are either assessed individually or grouped on the basis ol similar credit risk characteristics. Carrickfergus & District MENCAP Society Noles lo the Financial Slatemenls {¢onlynued) Year ended 31 December 2025 Accounting policies (continued) Financial instruments (continu8d) Any reversals ol impairment are recognised immediately, lo Ihe extent that the reversal does not result in a carrying amount ol thè financial asset that exceèds what the ¢arrying amount would have been had the impairment not previously been re¢ognised. Investment incorne Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Bank interest receivable 1,398 1,398 1,145 1,145 Other in¢ome Unreslricled Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Other income 1,947 1,947 1,970 1,970 Expenditure on charitable activities by fund type Unrestricted Total Funds Unrestricted Tolal Funds Funds 2025 Funds 2024 Gharilable work Support costs 119,682 2,477 119,682 2,746 122,428 78,927 3,148 78,927 3,148 122,159 82,075 82,075 Expenditure on charitable activities by activity type Activities undertaken directly Support costs Totsl funds 2025 Total fund 2024 Charitable work Governance costs 119,682 627 2,119 120,309 2,119 79,436 2,639 119,682 2,746 122.428 82,075 Analysis of support ¢osts Analysis ol support costs activity 1 Total 2025 Total 2024 Finance costs Governance costs 34 2,443 34 2,443 2,477 36 3,113 2,477 3,149 10- Carrickfergus & District MENCAP Society Noles lo the Financial Slatemenls {¢onlynued) Year ended 31 December 2025 Net gains on investments Unrestricted Total Funds Unrestricted Tolal Funds Funds 2025 Funds 2024 Gainslllossesl on cash held lor investment purposes 229,687 229,687 216,016 216,016 10. Independent examination fees 2025 2024 Fees payable to the independent examiner for.. Independent examination ol the financial statements 771 771 11. Trustee remuneratlon and expen$e$ No remuneration or benefits derived from employmenl with the charity were received by the Iruslees. 12. Tanglble tlxed assets Land and buildings Cost At 1 January 2025 and 31 December 2025 Depreclatlon At 1 January 2025 and 31 December 2025 Carrying amount At 31 December 2025 8,416 8,416 8,416 Ai 31 December 2024 11 Carrickfergus & District MENCAP Society Noles lo the Financial Slatemenls {¢onlynued) Year ended 31 December 2025 13. Investments Other investments Cost Al 1 January 2025 Additions Fair value movements Transfers 1,684,999 229,687 (97,9991 1,816,687 At 31 December 2025 Impairment At 1 January 2025 and 31 December 2025 Carrying amount At 31 December 2025 1,816,687 1,684,999 Ai 31 December 2024 All investments shown above are held at valuation. The total amount invested in the assets at the reporting date, al cost. amounted to £920,000 12024.. £920,000). 14. Debtors 2025 2024 Prepayments and accrued income 269 15. Credltors: amounts falllng due wlthln one year 2025 2024 Accruals and deferred income 1,860 1,650 12- Carrickfergus & District MENCAP Society Noles lo the Financial Slatemenls {¢onlynued) Year ended 31 December 2025 16. Analysis of charitable funds Unrestricted funds Al 1 January 202 At Gains and 31 December losses 2025 Income Expenditure Carricklergus & District Mencap Society 1,744,427 3,345 1122,1591 229,687 1,855,300 Al 1 January 202 Al Gains and31 December losses 2024 Income Expenditure Carricklergus & District Mencap Society 1.607,371 3,115 182,0751 216,016 1,744,427 17. Analysis of net assets between funds Unrestricted Total Funds Funds 2025 Tangible fixed assets Investments Current assets Creditors less than 1 year Net as$et$ 8,416 1,816,687 32,057 11,8601 1,855,300 8,416 1,816,687 32,057 11,8601 1,855,300 Unrestricted Total Funds Funds 2024 Tangible fixed assets Investments Current assets Creditors less than 1 year Net assets 8,416 1,684,999 52,662 11,6501 1,744,427 8,416 1,684,999 52,662 11,6501 1,744,427 18. Financial instruments For financial instruments measured al fair value, the basis for determining lair value must be disclosed. When a valuation technique is used. the assumptions applied in determining lair valLJe lor each class ol financial assets or financial liabilities musl be disclosed. If a reliable measure ol lair value is no longer available lor ordinary or preference shares measured al lair value through profit or loss, this must also be disclosed. 13- Carrickfergus & District MENCAP Society Management Information Year ended 31 December 2025 The following page$ do not form part of the financial Statements. 14- Carrickfergus & District MENCAP Society Detailed Slatemenl of Financial Activities Year ended 31 December 2025 2025 2024 Income and endowments Investment income Bank interest receivable 1,398 1,145 Other income Other income 1.947 1,970 Total incorne 3,345 3,115 Expendlture Expendlture on charltable actlvltles Insurance Other eslablishmenl Legal and professional fees Other interest payable and similar charges Donations 627 182 2,025 34 119,560 122,428 509 31 2,543 36 78,956 82,075 Total expenditure 122,428 82,075 Net gains on investments Gainslllossesl on cash held lor investment purposes {229,6871 1216,0161 Net income 110,604 137,056 15- Carrickfergus & District MENCAP Society Notes to Ihe Detailed Slatemenl of Financial Activities Year ended 31 December 2025 2025 2024 Expenditure on charitable activities Charitable work Activilies undertaken directly Sundry costs Donations 182 119,500 119,682 31 78,896 78,927 Support costs Insurance 627 509 Govemance costs Accountancy lees Legal and other professional fees Bank charges Governan￿ costs - Subscriptions 2,025 1,716 827 36 60 34 60 2,119 2,639 Expenditure on charitable activities 122,428 82,075 16-