Company Registration Number: N1604474
Charity Number: 101347
Belfast Activity Centre
(A company Ilmlted by guarantee. not havlng a share capital}
Annual Report and Audited Financial Statements
for the financial year ended 31 March 2024
Mccleary & Company Ltd
Chartered Accountsnts
Garvey Studios
14 Longstone Street
Lisburn
Co Antrirn
BT28 ITP

Belfast Activity Centre
IA company limited by guarantee. not having a share ¢apitall
CONTENTS
Page
Trustees. and Other Information
Trustees, Annual Report
Statement of Trustees, Responsibilities
Independent Auditorfs Report
statement of Financial Activities
10
Balance Sheet
Statement of Cash Flows
12
Notes to the Financial Statements
13-19
Supplementary Information relating to the Financial Statements
21

Belfast Activity Centre
(A company limited by guarante•, not having a share caprtall
TRUSTEES. AND OTHER INFORMATION
Truste•$
Mr Thomas Scott
Mr lan Douglas
Mr John Harold gaird (resigned 10 November 20231
Ms Sarah Pamela Ballantine
Ms Claire Maria McNicholl
Mr Lewis William Graham Given
Mr Scott Hamiltr)n
Mr Robbie Milliken (appointed 19 February 2024)
Charity Number in Northern Ireland
101347
Company Registratlon Number
N1604474
Princlpal Address
BarneWs Stable Yard
Bamett Demense
Malone Road
Belfast
Co Antrim
BT9 5PB
Auditors
Mccleary & Company Ltd
Chartered Accountants
Garvey Studios
14 Longstone Street
Lisbum
Co Anlrim
BT28 1TP

Belfast Activity Centre
IA company limited by guarantee. not havln9 3 share capital)
TRUSTEES. ANNUAL REPORT
for the financial year ended 31 March 2024
The trustees present their Trustees, Annual Report, combining the Directors, Report and Trustees, Report. and the
audited financial statements for the financial year ended 31 March 2024.
The financial statements are prepared in accordance with the Companies Act 2006. FRS 102 'The Financi81 Reporting
Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities- Statement of
Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021.
The Trustees, Report contains the information required to be provided in the Trustees. Annual Report under the
Statement of Recommended Practice ISORPI guidelines. The trustees of the charity are also charity trustees for the
purpose of charity law and under the charity's conslilulion are known as members of the board of trustees.
In this report the trustees of Belfast Activity Centre present a summary of its purpose, governance, activities,
achievements and finances for the financial year 31 March 2024.
The charity is a registered Charity and hence the report and results are presented in a form which complies with the
requirements of the Companies Act 2006 and. although not obliged to comply with the Statement of Recommended
Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented its recommendations
where relevant in these financial statements.
Structure, Govèrnance and Management
structure
Based on the Memorandum and Artides of Association accepted by Companies House, Belfast on 17 September 2010
for the incorporation of Belfast Activity Centre as a Private Company Limited by Guarantee I Company No. N1604474).
First registered as a charity for tax purposes with HM Revenue and Customs in 1990, Charity registration No. XN82053
and reaffirmed at 17 September 2010.
Registered as a charity with the Northern Ireland Charity Commissioner. registration on 12 January 2015. Charity
Registration No. NIC101347
Governance
The charity is controlled by ils governing document. a deed of trust, and constitutes a limited company, limited by
guarantee, as defined by the Companies Act 2006.
Financial Review
The results for the financial year are set out on page 10 and additional notes are provided showing income and
expenditure in greater detail.
Financial Results
At the end of the financial year the charity has assets of £658.370 {2023 - £695,096) and liabilities of £109,805 {2023-
£103,340). The net assets of the charity have decreased by £{43,169).
Reserves Posltlon and Policy
The Board of Directors l Trustees, of Belfast Activity Centre will endeavour to accumulate reserves which amount to up
lo six months full running costs of the centre. The Board believe this to be an ac￿pIable ￿SerVe and contingency. If
Ihe Charity was fortunate enough to reach this amount of reserve. the Board would table a discussign as to how funds
Could be expended or invested, in-line wlh the work of Ihe charity.
Principal Risks and Uncertainties
Risk Management is a high priority in the work of the cenlre. Physical Risk 15 monitored daily due to the nature of
outdoor activities. All staff are provided with training in risk management and the Centre has a Health and Safety
Advisory Committee of independent advisors who meet quarterly.
The BAC Board are tasked with the Governance of the Centre. The Board carries out regular management analysis on
all aspects of the Centre's work.

Belfast Activity Centre
IA company limited by guarantee, not havlng a Share capital}
TRUSTEES, ANNUAL REPORT
for the financial year ended 31 March 2024
Trustees
The Iruslees who served throughout the financial year, except a5 noted, were as follows..
Mr Thomas Scott
Mr lan Douglas
Mr John Harold Baird (resigned 10 November 2023)
Ms Sarah Pamela Ballantine
Ms Claire Maria McNicholl
Mr Lewis William Graham Given
Mr Scott Hamilton
Mr Robbie Milliken {appoinled 19 February 2024)
Compliance wlth Sector-wide Legislation and Standards
The charity engages pro-actively with legislation, standards and codes which are developed for the sector. Belf8St
Activity Centre subscribes to and is compliant with the following:
The Companies Act 2006
The Charities SORP {FRS 102)
BAC would like to take this opportunity to thank all its funders and supporters over the past year.
The Auditors
The auditors, Mccleary & Company Ltd, (Chartered Accountants) have indicated their willingness to continue in office
in accordance with the provisions of Section 485 of the Companies Act 2006.
Approved by the Board of Trustees on 29 November 2024 and signed on its behalf by:

Belfast Activity Centre
{A company limited by guarantee, not hzvrng a share capttall
STATEMENT OF TRUSTEES. RESPONSIBILITIES
for the financial year ended 31 March 2024
The trustees, who are also directors of Belfast Activity Centre for the purposes of company law, aTe responsible for
preparing the financi818latemenls in accordance wilh applicable law and regulations.
Company law requires the Iruslees as the directors to prepare financial slalements for each financial year. Under that
law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally
Accepted Accounting Practice (United Kingdom Accounting Standards and applicable lawl including FRS102 "The
Financial Reporting Standard applicable in the UK and Republic of Ireland. Under company law the trustees must not
approve the financial slalements unless they are satisfied that they give a Inje and fair view of the state of affairs of the
charity and of the net income or expenditure of the charity for that period.
In preparing these financial statements. the trustees are required to..
select suitable accounting policies and apply them consistently:
observe the methods and principles in the Charities SORP
make judgements and accounting eslimales that are reasonable and prudent..
stste whether the financial statements have been prepared in accordance with applicable accounting standards.
identify those standards. and note the effect and the reasons for any material departure from those standards.. and
prepare the financial statements on the going concern basis unless il is inappropriate to presume that the charity
will continue in operation.
The trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the
charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable
them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud
and other irregularities.
In so far as the trustees are aware:
there is no relevant audit information {information needed by the charity's auditor in connection with preparing the
auditor's report) of which the charity's auditor is unaware. and
the Iruslees have taken all the steps that they ought lo have taken as trustees in order to make themselves aware
of any relevant audit information and to establish that the charity's avdilor is aware of that information.
Approved by the
ard of Trustees on 29 November 2024 and signed on its behalf by:

INDEPENDENT AUDITOR'S REPORT
to the Members of Belfast Activity Centre
(A company limited by guarantoe, not having a shar8 eapltal}
Report on the audit of the financlal statements
Oplnion
We have audited the charity financial statements of Belfast Aclivily Centre I'the charily'l for the financial year ended 31
March 2024 which comprise the Statemenl of Financial Activities lincorporaling an Income and Expenditure Account}.
the Balance Sheet. the Statement of Cash Flows and notes to the financial slalements. including the summary of
significant accounting policies sel out in note 2. The financial reporting framework that has been applied in their
preparation is applicable law and United Kingdom Accounting Standards. including FRS 102 "The Financial Reporting
Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Sialemenl of
Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102.
In our opinion, when reporting in accordance with a fair presentation framework the financial statements..
give a true and fair view of the state of the charity's affairs as at 31 March 2024 and of its deficit for the financial
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 and the Charities Act (Northern
Ireland) 2008.
Basls for opinion
We conducted our audil in accordance with International Standards on Auditing {UKI {ISAs (UK)) and applicable law.
Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the
financial slalemenls section of our report. We are independent of the charity in accordance with ethical requiTements
that are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have
fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we
have obtained is sufficient and appropriate lo provide a ba515 for our opinion.
Conclusions relating to going concern
In audibng the financial s181ements, we have concluded that the trustees, use of the going concem basis of accounting
in the preparation of the financial statements is appropriate.
Based on the work we have perfomed, we have not identified any material uncertainties relating to events or conditions
that. individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a
period of at least ￿e1ve months from the date when the financial statements are aulhorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant
sections of this report.
Other Information
The other information comprises the infomiatien included in the annual report other than the financial statements and
our Auditor's Report Ihereon. The trustees are responsible for the other information contained within the annual report.
Our opinion on the financial statements does nol cover the other information and. except to the extent Othe￿ISe
explicitly stated in our report. we do not express any form of assuran¢e conclusion Ihereon.
Our responsibility is lo read the other information and. in doing so, consider whether the other information is materially
inconsistent with the financial statements or our knowledge obtained in the course of the audit. or otherwise appears lo
be materially misstated. If we identify such material incon51Stencies or apparent material misstatements. we are required
to determine whether this gives rise lo a material misstatement in the financial statements themselves. If. based on the
work we have performed. we conclude that there is a material misslalement of this other information, we are required
lo report that fact. We have nothing to report in this regard.
Opinion on other matter prescribed by the Companles Act 2006
In our opinion. based on the work undertaken in the course of the audit:
the information given in the Strategic Report and the Trustees, Annual Report for the financial year for which the
financial statements are prepared is consistent with the financial statements,. and
the Strategic Report and the Trustees. Annual Report have been prepared in accordance with applicable legal
requirements.

INDEPENDENT AUDITOR'S REPORT
to the Members of Belfast Activity Centre
(A company Ilmlted by guarantea, not havlng a share capital}
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the charity and its environment obtained in the course of the
audit. we have not identified material misstatements in the Trustees, Annual Report.
We have nothing lo report in respect of the following matters where the Companles Act 2006 requires us lo
report to you if, in our opinion:
adequate accounting records have not been kept., or
the financial statements are not in agreement with the accounting records and returns., or
i* certain disclosures of Iruslees, remuneration specified by law are not made,. or
we have not received all the information and explanations we require for our audit; or
the trustees were not entitled to take advantage of the small companies exemption from the requirement to
prepare a Strategic Report or in preparing the Report of the Trustees.
Respon$ibilities of trustees for the financial statements
A5 explained more fully in the Statement of Trustees, Responsibilities set out on page 6, the trustees are
sponsible for the preparation of the financial statements and for being satisfied that they give a true and fair
view, and for such intern81 Control as they determine is necessary lo enable the preparation of financial statements
that are free from material misstatement, whether due lo fraud or error.
In preparing the financial slatemenls. the Iruslees are responsible for assessing Ihe charity's ability to continue
as a going concern. disclosing. as applicable. matters related lo going concern and using the going concern basis
of accounting unless management either intends to liquidate the charity or to cease operations, or has no realistic
alternative bul to do so.
Audltor's re$ponsibilities for the audit of the financial statement5
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement. whether due to fraud or error. and to 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 eonducled in accordance
with ISAS {UK} will always detect a material misstatement when il exists. Misstatements can arise from fraud or
error and are considered materi81 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 detecting irregularities. including fraud is detailed below..
Having considered the nature of the Charity and the sector in which it operates, we identified that the principal
risks of non-compliance with laws and regulations related lo breaches of health and safely laws, employment law
and environmental regulations. We considered the extent to which non-compliance might have a material effect
on the financial statements. We also considered those laws and regulations that do not have a direct impact on
the preparation of the financial slalemenls bul compliance with which may be fundamental to the Charity's ability
to operate such as the Companies Act 2006.
We evaluated management's incentives and opportunities for fraudulent manipulation of the financial slalements
(including the risk of override of conlrolsl and determined that the principal risks were related lo misstatement of
restricted and unreslricled fund balances. Audit procedures performed included..
Enquiry of those charged with governance including any known or suspected instances of non4omplian¢e with
laws and regulations, potential litigation and fraud-.
Identifying and testing journal entries for appropriateness. evaluating the rationale for significant Iransaclions
outside what is normal for the company and assessing whether the judgernents made in making accounting
estimates are indicative of potential bias, in order to assess the risk of fraud through management override of
controls.,
Analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material
misstatement due to fraud.,
Challenging assurnptions and judgements made by management in significant accounting estimates.
Reviewing the disclosures in the financial statements against the specific legal requirements,.
Substantive testing of Balance Sheet items, together with a high level of individual account analysis-,
Detailed analysis of all restricted funds. agreeing postings and cul off.

INDEPENDENT AUDITOR'S REPORT
to the Members of Belfast Activity Centre
{A company Ilmited by guarant￿, not havlng a Share capital)
We communicated relevant identified laws and regulations and potential fraud risks to all engagement team members
2nd remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit. There
are inherent limitations in the audit procedures outlined above. We are less likely lo become aware of instances with
laws and regulalions that are not closely related to events and transactions reflected in the financial statements. Also.
the risk of not detecting a material misstatement due lo fraud is higher than the risk of not detecting one resulting from
error, as fraud may involve deliberate concealment.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting
Council's website ot www.frc.or
-uklauditorsres
onsibilities. This description forms part of our Report of the
Independent Auditors.
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16
of Companies Act 2006. Our audit work has been undertaken so that we might stale to the charitable company's
members those matters we are required to slate to them in an auditors. report and for no other purpose. To the fullest
extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and
the charitable company's members as a body. for our audit work, for this report, or for the opinions we have formed.
MCCLEARY & COMPANY LTD
Chartered Accountants
GaNey Studios
14 Longslone Street
Lisburn
Co Antrim
BT28 1TP
29 November 2024

Belfast Activity Centre
{A company limited by guarantee, not having a share ¢apitall
STATEMENT OF FINANCIAL ACTIVITIES
Ilneorporating an Incomè and Expenditure Account)
for the financial year ended 31 March 2024
Unrestricted Restrleted
Funds
Funds
2024
2024
Total Unrestricted Restricted
Funds
Funds
Funds
2024
2023
2023
Total
Funds
2023
Notès
Income
Donations and legacies
Other Irading activities
Investments
282,358
38,149
1,180
195.395
477,753
38,149
1.180
288,882
24,928
198
215,878
504,760
24.928
198
Total income
321,687
195,395
517,082
314,008
215.878
529,886
Expenditure
Charitable activities
364,856
195,395
560,251
448,485
192.403
640,888
Net incomel{expenditure}
(43.169}
(43.1691 (134.477)
23,475 1111.002)
Transfers between funds
23,475
{23,4751
Net movement in funds for
the financial year
{43,169)
{43,1691 1111,002)
(111,002)
Reconciliation of funds:
Total funds beginning of the
year
16
591,734
591,734
702,736
702,736
Total funds at the end of
the year
548.565
548.565
591.734
591.734
The Statement of Financial Activities includes all gains and losses recognised in the financial year.
All income and expenditure relate to continuing activities.
Thg notes on pages 13 to 19 form part of the financial Statements
10

Belfast Activity Centre
(A company limitèd by guarantee, not having a share capital)
Company Number.. N1604474
BALANCE SHEET
as at 31 March 2024
2024
2023
Notes
Flxed Assets
Tangible assets
429,212
501,118
Current Assets
Debtors
Cash at bank and in hand
10
11
57.884
171,274
117,489
76,467
229.158
193.956
Creditors: Amounts falling due within one year
12
(109,8051
1101,1731
Net Current Assets
119.353
92,783
Total Assets less Currenl Liabilities
548,565
593.901
Creditors
Amounts falling due after more than one year
13
12.167)
Total Net Assets
548,565
591,734
Funds
Designated funds (Unrestricted)
General fund {unreslrictedl
342,260
206,305
409,853
181,881
Total funds
16
548.565
591,734
These financial statements have been prepared in accordance with the special provisions relating to medium-sized
companies in section 445{31 of the Companies Act 2006.
Approved by the Board of Trustg9s and authorised for is$u9 on 29 November 2024 and signed on its behalf
by:
The notes on pages 13 to 19 fomi part ofthe financial statements
11

Belfast Activity Centre
IA company limited by guarantèe. not having a sharè ¢apitall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
Cash flows from operating activities
Net movement in funds
Adjustments for..
Depreciation
Interest payable and similar expenses
{43,1691
1111,0021
84,163
607
83,320
607
41.601
Movements in working capital-.
Movement in debtors
Movement in creditors
{27,0751
59,606
12.964
52,769
26.217
Cash generated from operations
Interest paid
114,171
1607)
51,911
16071
Net cash generated from operating aclivilies
113,564
51,304
Cash flows from investing activities
Payments lo acquire tangible assets
112.256)
133.8721
Cash flows from flnancing activities
Capital element of hire purchase contracts
(6.5011
(6,5001
Net Incrèase in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
94.807
76,467
10,932
65,535
Cash and cash equivalents at the end of the year
11
171.274
76.467
12

continued
Belfast Activity Centre
(A company limlted by guarant￿, not having a Share capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
GENERAL INFORMATION
Belfast Activity Centre is a company1Smited by guarantee Incorporated in Northern Ireland. The registered office
of the charity is which is also the principal place of business of the charity. The financial slalemenls have been
presented in Pound (£1 which is also the functional currency of the charity.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following accounting policies have been applied consislenlly in dealing with items which are considered
material in relation to the chartty's financial statements.
Basis of preparatlon
The financial slalements have been prepared on the going concern basis under the historical cost convention,
modified to include certain items al fair value. The financial statements have been prepared in accordance with
the Statement of Recommended Pra¢lice {SORPI "Accounting and Reporting by Charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS
102"
As permitted by the Companies Act 2006, the charity has varied the standard formats in that act for the
Statement of Financial Activities and the Balan¢e Sheet. Departures frorn the standard fomiats are to comply
with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that
SORP.
Statement of compliance
The financial statements of the charity for the financial year ended 31 December 2017 have been prepared on
the going concern basis and in accordance with the Slalement of Recommended Practice {SORP}"Accounting
and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland FRS 102"
Fund accounting
The following are the categories of funds maintained-
Restricted funds
Reslricled funds represent income received which can only be used for particular purposes, as specified by the
donors. Such purposes are within the overall objectives of the charity.
Unrestricted funds
Unrestricted funds consist of General and Designated funds.
General funds represent amounts which are expendable at the discretion of the board. in furtherance of the
objectives of the charity.
Designaled funds comprise unreslricled funds that the board has. al its discretion. set aside for particular
purposes. These designations have an adminislralive purpose only, and do not legally restrict the board's
discretion to apply the fund.
Income
Income is recognised by inclusion in the Statement of FinanGial Activities only when the charity is legally entitled
to the income. performance conditions attached lo the itemlsl of income have been mel. the amounts involved
can be measured with sufficient reliability and it 15 probable that the income will be received by the charity.
Income from charitable activitie$
Income from charitable activities include income eamed from the Supply of seNices under contractual
arrangements and from performance related grants which have conditions that specify the provision of particular
services to be provided by the charity. Income from govemment and other co-ftJnder5 is recognised when the
charity is legally enlilled to the income because il is fulfilling the conditions contained in the related fvnding
agreements. Where a grant is received in advance, ils recognition is deferred and included in creditors. Where
entitlement occurs beft)re income is received, il is a¢¢rued in debtors.
Grants from govemments and other co-funders typically include one of the following types of conditions..
Performance based conditions: whereby the charity is contractually entitled to funding only to the extent that
the core objectives of the grant agreement are achieved. Where the charity is meeting the core objectives of a
grant agreement, it recognises the related expenditure. to the extent that il is reimbursable by the donor. as
income.
13

continued
Belfast Activity Centre
IA company Ilmlttrd by guarantee. not having a share capllal)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
Time based conditions.. Whe￿bY the charity is contractually entitted to lunding on the condition that it is ulilised
in a particular period. In these cases the charity recognises the income lo the extent it is utilised within the period
specified in the agreement.
In the absence of such conditions, assuming that receipt is probable and the amount can be reliably measured,
grant income is recognised once the charity is notified of entitlement.
Grants received towards capital expenditure are credited to the Statement of Financial Activities when received
or receivable, whichever is earfier.
Expenditure
Expenditure is analysed between costs of charilable activities and raising fvnds. The costs of each activity are
separately accumulated and disclosed. and analysed according to their major components. Expenditure is
recognised when a legal or constructive obligation exists as a result of a past event, a transfer of economic
benefits is required in settlement and the amount of the obligation can be reliably measured. Support costs are
those functions that assist the work of the charity but cannot be attributed lo one activity. Such costs are
allocated to activities in proportion to staff lime spent or other suitable measure for each activity.
Tangible fixed assets and depreclation
Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge lo
depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their eslimaled
residual value, over their expected useful lives as follows:
Belfast ALP and Boalhovse
Camping and outdoor equipment
Motor vehicles
Computer Equipment
al varying rates on cost
33Vo on cost
25 % on cost
20 /0 on cost
Leasing and Hire Purchases
Tangible fixed assets held under leasing arrangements which transfer substantially all the risks and rewards of
ownership to the charity are c8Pltalised and included in the balance sheet al their cost or valuation. less
depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these
obligations are treated as consisting of capital and interest elements, with interest charged to the income and
expenditure account.
Debtor$
Debtors are recognised at the selllement amount due after any discount offered. Prepayments are valued at
the amount prepaid net of any trade discounts due. Income recognised by the charity from government agencies
and other co-funders. bul not yet received al financial year end, is included in debtors.
Cash at bank and Sn hand
Cash at bank and in hand comprises cash on deposil at banks requiring less than three months notice of
withdrawal.
Taxation and deferred taxation
No current or deferred taxation arises as the charity has been granted charitable exemption. Irrecoverable
valued added lax is expensed as incurred.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date where transactions or event5 have occurred at that datg that will result in an obligation to pay more
lax in the fvture, or a right to pay less tax in the future. Timing differences are temporary differences between
the charity's taxable income and its results as stated in the financial 51alements.
Deferred lax is measured on an undiscounted basis at the lax rate5 that are anticipated lo apply in the periods
in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.
14

continued
Belfast Activity Centre
IA company Ilmited by guarantee, not havlng a share capital}
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
INCOME
DONATIONS AND LEGACIES
Unrestricted Restricted
Funds
Funds
2024
2023
Donations and legacies
282,358
195,395
477,753
504,760
OTHER TRADING ACTIVITIES
Unrestricted Restrict8d
Funds
Funds
2024
2023
Other trading activities
38.149
38.149
24.928
INVESTMENTS
Unrestricted Restricted
Funds
Funds
2024
2023
Investments
1.180
1.180
198
EXPENDITURE
CHARITABLE ACTIVITIES
DireGt
Costs
Other
Costs
Support
Costs
2024
2023
Expenditure on charitable activities
310.092
250,159
560,251
640,888
SUPPORT COSTS
Charitable
Activities
2024
2023
Support
250,159
250.159
231,860
ANALYSIS OF SUPPORT COSTS
2024
2023
Support
250.159
231,860
NET INCOME
2024
2023
Net Income Is stated after charging1{creditingl:
Depreciation of tangible assets
Auditor's remuneration-.
audit services
84.163
83.322
9,754
10,854
INTEREST PAYABLE AND SIMILAR CHARGES
2024
2023
Hlre purchase interest
607
607
15

continued
Belfast Activity Centre
IA company limited by guarantee, not havlng a share capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
EMPLOYEES AND REMUNERATION
Number of employees
The average number of persons employed {including executive trustees) during the financial year was as
follows..
2024
Number
2023
Number
Charitable activity and programme
Management and Administration
Seasonal
12
10
22
20
The staff costs comprise..
2024
2023
Wages and salaries
Social security costs
Pension costs
286,937
15,667
7,272
357,973
23,361
12,891
309.876
394.225
Remuneration for key management personnel in the year amounted to £113.998 {2023 . £107,644)
No employee received emoluments in excess of £60,000
TANGIBLE FIXED ASSETS
Belfast
Camping
ALP and and outdoor
Boathouse
equipment
Motor
vehicles
Computer
Equipment
Total
Cost
At 1 April 2023
Additions
1,596,354
142,234
11.031
103.931
35,296
1,226
1,877.815
12.257
At 31 March 2024
1.596.354
153,265
103,931
36,522
1,890,072
Depreciation
At 1 April 2023
Charge for the financial year
1,152,628
63.855
112.473
12,102
79,072
6.215
32,524
1,991
1.376.697
84.163
At 31 March 2024
1,216,483
124,575
85.287
34,515
1,460,860
Net book value
At 31 March 2024
379,871
28,690
18.644
2,007
429,212
At 31 March 2023
443.726
29,761
24,859
2.772
501,118
TANGIBLE FIXED ASSETS CONTINUED
Included above are asset5 held under finance leases or hire purchase contracts as follows:
2024
Net Depreciation
book value
charge
2023
Net
book value
Deprecialion
charge
Motor vehicles
12,353
4,118
16,471
5,491
16

continued
Belfast Activity Centre
{A company limited by guarantee, not havlny a share capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
10.
DEBTORS
2024
2023
Trade debtors
Other debtors
Taxation and social security costs (Note 14)
Prepayments and accrued income
32,543
875
313
24.153
73,086
861
312
43,230
57,884
117,489
11.
CASH AND CASH EQUIVALENTS
2024
2023
Cash and bank balances
Cash equivalents
74.471
96,803
29,397
47.070
171.274
76,467
12.
CREDITORS
Amounts falling due within one year
2024
2023
Net obligations under finance leases
and hire purchase contracts
Trade creditors
Other creditors
Accruals and deferred income
2,167
36,099
34.135
37,404
6.500
42.345
11.172
41.156
109.805
101.173
13.
CREDITORS
Amounts falling due after more than one ygar
2024
2023
Finance leases and hire purchase contracts
2,167
Net obligations under finance leases
and hire purchase contracts
Repayable within one year
Repayable between one and five years
2,167
6,500
2,167
2,167
8.667
14.
TAXATION AND SOCIAL SECURI
2024
2023
Debtor5:
PAYE I NI
313
312
15.
RESERVES
2024
2023
Al the beginning of the year
Deficit for the financial year
591,734
(43.1691
702,736
1111,0021
At the end of the year
548,565
591,734
17

continued
Belfast Activity Centre
IA company limited by guarantee. not havlng a share capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
16.
FUNDS
16.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unrestrlcted
Funds
Total
Funds
At 1 April 2022
Movement during the financial year
702,736
{111,0021
702.736
{111,002)
Al 31 March 2023
Movement during the financial year
591,734
143.169}
591,734
143,169)
At 31 March 2024
548,565
548,565
16.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
1 April
2023
Income Expenditure
Transfers
between
funds
Balance
31 March
2024
BRO Youth Build
DOJ Restricted Fund
BCC Restricted Fund
Other Restricted fund
Co-op Funding
126,283
8,100
20.000
40.000
1,013
126,283
8.100
20.000
40,000
1,013
195.396
195,396
Unrestrlcted funds
Des 1111
Des 2{21
Des 3{3)
Unrestricted General
96.353
180,562
132,938
181,881
119.271)
136.2371
(12,0851
67.593
77,082
144,325
120,853
206,305
321,687
364.856
591,734
321.687
1364,8561
548.565
Totsl funds
591,734
517,083
560,252
548,565
17.
STATUS
The charty is a company limited by guarantee not having a share capitsl.
The liability of the members is limited.
Every member of the company undertakes to contribute to the assets of the company in the event of its being
wound up while they are members, or within one financial year thereafter. for the payment of the debts and
liabilities of the company contracted before they ceased lo be members, and the costs, charges and expenses
of winding up, and for the adjuslmenl of the rights of the contributors among themselves. such amount as may
be requirod. not exceeding £ 1.
18.
TRUSTEES, REMUNERATION
There were no Iruslees, remuneration or other benefits for the year ended 31 March 2024 nor for the period
ended 31 March 2023
Trustees Expenses
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the period ended 31 March
2023
18

continued
Belfast Activity Centre
{A company limlted by guarantee, not having a shar& Capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
19
RECONCILIATION OF NET CASH FLOW TO MOVEMENT IN NET DEBT
Opening
balance
Cash
flows
Closing
balance
Finance lease and hire purchase
(8,668)
6,501
{2,167)
Total liabilltles fTOrn financing a¢tivities
(8.668)
6,501
{2,1671
Total Cash at bank and in hand (Note 11)
171.274
Total net debt
169,107
20.
POST-BALANCE SHEET EVENTS
There have been no significant events affecting the Charity since the financial year-end.
19

BELFAST ACTIVITY CENTRE
{A wmpany limited by guarantee, not havlng a share capital)
SUPPLEMENTARY INFORMATION
RELATING TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024
NOT COVERED BY THE REPORT OF THE AUDITORS
20

Belfast Activity Centre
IA company Ilmited by guarantee, not having a sharè capital)
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS
Operating Statement
for the financial year ended 31 March 2024
2024
2023
Income
Donations
Unrestricted grants
Income from charitable activities 1
Abseil Income
Other income
1,458
195,395
280,900
38,149
1.180
5,217
215.878
283,665
24,928
198
517,082
529,886
Cost of generating funds
Wages and salaries
Social security costs
Staff pension scheme costs
Open award & expedition costs
RECIBEL training costs
Fundraising costs
Catering & accomodation costs
Transport costs
Sundries
Staff training and membership
Programme costs
233,109
12,672
5.731
1.662
700
4.256
1,015
11,928
3.799
6,534
28,686
308,161
19,769
11.394
611
2,000
3.929
1,352
17,452
4.667
10,498
29,195
310.092
409.028
Gross surplus
206.990
120,858
Expenses
Wages and salaries
Social security costs
Bank charges
Staff defined contribution pension costs
Insurance
Advertising
Legal and professional
Auditor'sllndependenl Examiner's remuneration
Barnetts establishment costs
Office Expenses
General expenses
Depreciation
53,828
2.995
1,091
1,541
15,910
2.744
24,001
9.754
37.529
15.998
12)
84,163
49,812
3.592
2,334
1.497
16.611
1.980
9,455
10.854
33,089
18,706
83,322
249,552
231,253
Flnance
Hire purchase interest
607
607
Net doficit
(43,1691
{111.002)
The supplementary information does not form part of the audited financial slalemenls
21