Company registration number: N1040S57
Antrlm & Newtownabbey Seniors, Forum
Company limitsd ty guarantee
Unaudlted financial statemonts
31 March 2025

Antrlm & Neyrtownabbey Senlors. Forum
Company limited by guarantee
Statement of income and retained earnlngs
Year ended 31st March 2025
Unrestrlcted Restricted 2025
2024
Note
Date:
Turnover
5,205
65.486
70.691
74,405
Administrative exp8nses
(2,558) (64,887) (67.445) (72,180)
Operating profitl(loss)
2.647
599
3,246
2,225
Other interest receivable and similar income
64
74
Profrtl(loss) on ordinary activities before taxation
2.711
599
3,310
2.299
Tax on profiV(loss} on ordinary actiwties
Profitl(loss) for the financlal year and totsl
comprehenslve income
2.711
599
3.310
2,299
Resorves at the start of the year
44,490 115,678)
28.812
26,513
Reg8rv85 at end of the year
47,201 (15.079)
32.122
28,812
All the activities of the company are from continuing operations.
Page 14

Antrim & Newtownabbey Seniors, Forum
Company limlted by guarantee
Statement of financial positlon
31st March 2025
2025
2024
Note
Fixed Assets
Tangible assets
199
265
199
265
Current assets
Debtors
Cash at bank and in hand
343
34,621
34,964
300
31,303
31,603
Creditors: amounts falling due
within one year
3.041
3,056
- Nét current-assets
Totsl assets less current15abilities
31,923
28,547
Net assets/{liabilities)
32,122
28,812
Capitsl and reserves
Restricted Fund
Members Fund
(15.078)
47,2CK)
115,678}
44,490
Total
32,122
28,812
For the year ending 31 st M8rch 2025, the company was entitled to exempts.on from audtt under section 477 of
the Companies Act 2006 relating to small companies.
Trustees, responsibilities-.
The members have not required the company to obtain an audit of its financial statements for the year in
question in accordanTr with section 476.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect
to accounting records and the preparation of financial statements
Page 15

Antrim & N8Wtownabbey Senlors, Forum
Company limited by guarantee
Statement of financial position (continued)
31st March 2025
These financial statements have been prepared in accordance with the provisions applicable to companies
subject to the small companies, regime and in accordance with FRS 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland,.
These financial statements were approved by the board of Trustees and authorised for issue on 28th November
2025, and ar8 signed on behalf of the board by:
S McCl8ave
Trustees
Trustees
Company regisiration number: N1040557
Charity Number NIC101259
Page 16

Antrfm & Newtownabbey Seniors, Forum
Company limlted by guarantse
Notes to the financial ststements
Year ended 31st March 2025
G8n8ral informatlon
The company is a private company limited by guarantee, registered in. The address of the registered
office is The Barron Hall. 230 Antrim Road. Newtownabbey. BT36 7QX.
statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'Th8 Financial Raporting
standard applicabl8 in the UK and the Republic of Ireland,.
Accounting pollcies
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 prop8rties measured at fair value through profit
or loss.
The financial ststements are prepared in starling, which is the functs-onal currency of the entity.
Tumover
Turnov8r relatss to grants and donations received in the general running of the Forum.
Taxatlon
The taxation expense represents the aggregate amount of current and deferred tax recognised in the
r8POrting period. Tax is recognised in the statement ot comprehensive income, except to the 8Xtent that
it relates to items recognised in other comprehensive income or directly in capital and reseNes. In this
case. tax is recognised in other comprehensive income or directly in capital and r8serves, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is ffleasured at
th8 amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or
substantively en8Cted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax
losses and other deferred tsx assets are recognised to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other futsjre taxable profits. Deferred tax is
measured using the tax rates and laws that have been enacted or substantivety enacied by the
reportlng date that are expected to apply to the reversal of the timing differenc8.
Page 17

Antrim & Newtownabbey Seniors, Forum
Company Ilmited by guaranto8
Notes to the financial ststements (conllnued)
Year ended 31st March 2025
Tangible assets
Tangible assets are initially recorded at cost and are subsequently ststed at cost less any accumulated
depreciation and impairment losses.
Any tsngible assets carried at revalued amounts are recorded at the fair value at the date of revaluation
less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
compreh8nsive income and accumulated in capital and reserves, exc8Pt to the extent rt reverses a
revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the
carrying amount of an assat as a result of revaluation is recognised in other comprehensive income to
the extent of any previously recognised revaluation increase accumulated in capitsl and reserves in
respect of Ihat asset. Wh8re a revaluation decreaso exceeds the accumulate(J revaluation gains
accumulated in capital and reserves in respect of that asset, the èxcess shall be re¢ognised in profit or
loss.
Oeprecbation
Depreciation is calculated so as to writ8 off the cost or valuation of an asset. less its residual value,
over the useful economic life of that asset as follows:
Fixtures, fittings and equipment- 25/0 Reducing Balance
If there is an indication that there has been a signrficant chang8 in depreciation rate. useful lrfe or
residual value of tangible assets, the deprecialion is revised prospectively to reflect the new estimates.
Page 18

Antrim & Newtownabbey Senior8, Forum
Company limited by guarantee
Notes to the flnancial statements {continued}
Year ended 31st March 2025
Financial instruments
A financial asset or a financial liabilty is recognised only when the company becomes a paty to the
contractual provisions of the instnjment.
Basic financial instruments are inilialty recognised at the transaction price. unless the arrangement
conslitutes a financing transaction. where it is recognised al the present value of the future payments
discounted at a market rate of interest for a similar debt instrument.
Debt instruments ar8 subsequently measured at amortised cost.
Where investments in non-convertible preference shares and non-puttable ordinary shares or
preference shares are publicly traded or their fair value can oth8rwise be measured Teliabty, the
investment is subsequently measured at fair value with changes in fair value recognised in profit or loss.
All other such investments are subsequently measured at cosl less impaim18rit.
other financial instruments. including derivatives, are initially recognised at faiT value, unless payment
for an asset is deferred beyond normal business terms or financed at a rate of inter8St that is not a
market rate, in which case the asset is measured at the present value of the future payments
discounted at a market rate of interest for a similar debt insttument.
Other financial instruments ere subsequently measured at fair value, with any changes ￿cognISed in
profit or loss. with the excaption of hedging instruments in a d8signated hedging ralationship.
Financial assets that are measurad at cosl or amortised cost are reviewed for objective evidence of
impairment at the end of each reporting date. If there is objective evidence of impairment, an
impairment loss is recognised in profft or loss immediately.
For a118quty instruments reg2rd18ss of significance, and other financial assets that are individually
significant. these are assessed individually for impairment. Oth8r financial assets or either assessed
individually or group8d on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profrt or loss immediately. to the extent that the r8versal
does not result in a carrying amount of the finanaal asset that exceeds whal the carrying amount would
have been had th8 impairment not previously been recognised.
Defined contrlbutlon plans
Contributions to defined contribution plans are recognised as an expense in the period in which the
related service is provided. Prepaid contributions are recognised as an assel to the extent that the
prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting
date in which the employees render the related serviGe. the liability is measured on 8 discounted
present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the
period in which it arises.
Llmited by guarantee
Page 19

Antrim & Newtownabbey Seniors, Forum
Company limited by guarantee
Notes to the flnancial statements {continued}
Y8ar ended 31st March 2025
Losslprofit before taxatlon
Losslprofit before taxation is stated after charging. (crediting):
Depreciation of tangible assets
2025
2024
66
88
Tan9ible assets
Fixtures,
fitting arid
equipment
Total
Cost
At 18¢ April 2024
Additions
At 3151 March 2025
11,816
11.816
11.816
11,816
Depreclallon
At 1st Aprll 2024
Charge for the year
At 31" March 2025
11,551
66
11,617
11,551
66
11.617
Carrying amount
At 3151 March 2025
199
199
265
At 31st March 2024
265
Debtors
2025
2024
300
Other debtors
343
Creditors= amounts falling die within one year
2025
2024
760
2,281
3,041
775
2,281
3,056
PAYE
Other creditors
Controlling party
The controlling party are the members of the Antrim & Newtownabbey Seniors, Forum
Page 20

Antrim & Newtownabbey S•nlors' Forum
Company Ilmlted by guarantoe
Notes to the financlal statements (continued)
Year anded 31st March 2025
The following pages do not form part of the statutory accounts.
Page 21

Detailed Income statement (¢ontinu&d}
Turnover
Affiliation fee5
Donations
Project income
Big Lottery fund {Restricted funding)
A.N.B.C. (Restricted funding)
Age Nl
Grant
2025
2024
5,205
5,034
65,486
69,371
70,691
74,405
Gross Surplus
70.691
74,405
Gr05s Surplus percentage
100.0%
iffl.o%
Overheads
Administrative expenses
(67,4451_
167,445)
72,180J
(72,1801
Operating Surplus/ (Deficit)
3,246
2,225
Other interest receivable and similar income
65
74
Surplus/lDeficit} on ordinary actÈvities before taxation
3,311
2,299
Page 22

Detailed incomo statemént (continued)
2025
2024
Overheads
Admlnistratlve
Wages and salaries
Venue hire
Rent
Project expenses
Insurance
General Running
Printing, postage and stationery
Tutor costs
Telephone
Computer costs
Legal and professional
Hospitslity
Accountancy fees
Bank charges
Stsff wekfare
General expenses
Catering
Depreciation of tangible assets
(55,038)
(2,587)
(2,500)
(1,972)
(55.126)
(3.163)
(2.767)
(6.459)
(1.118)
(786)
(1.060)
{192)
(821)
(844)
(457)
{123)
{573)
(460)
(121}
(3,203)
(101)
{66)
(88)
(67,445)
172,180)
Page 22