REGISTERED COMPANY NUMBER: N1622030 (Noi'thei'n Ireland)
REGISTERED CHARITY NUMBEI R: 101477
Reiioi't of the Ti'ustees and
Unaudited Financial StRtements for Éhe Yeai. Ende(131 December 2023
for
Glentoran Social Partnership
(A CompAny Limited by GunrAntee)
Mcllveen Hoivai'd Limited
Cl)ai'lei'ed Accountants
169a Upper NeiNtoivnai'ds Road
Belfast
BT4 JHZ

Glentoran Social PArtnei'ship
Contents of the Finaiieial Statements
foi. the yeAI' ende(131 December 2023
Page
Report of the Ti'ustees
1 tr1 7
Independeiit Examiner's Report
Statement of Finxncial Aetivitie5
Balance Slieet
10
Notes to tlie Finil nciRI Statements
I I to 16

Clentoi'aii Social Pai'lnersliip (Registei'ed numbei.: N1622030)
Report of the Tj'ustees
for tlie year ended 31 December 2023
The Ti'ustees, who are a150 the DirectOl'5 undei. the provisions of the Companies Aci 2006, siibmil theii. annual repoit
and the finaiicial slalements of the chai'ily for the yeai. ended 31 December 2023. The Trustees ivould wish lo thank all
those comniunity pa11rte￿ who have woi'ked with lis lo delivei. on the objectives of tlie chai'ity. The pei'iod 5aiv an uplift
in a¢livity with the volunleeis associated with GSP ii'oi'king to meet Ihe needs ot oui. coinmunilies Ihiough an All Age
Community Suppoi'l Initiative as well as specifically in collaboi'ation iviih W1( Ikivay Community Cei)ti'e, the Rio
Ferdinand Foui)dulioi) and specified chai'ilable causes. Tliei'e has been an emphasis on pi'oviding veiy iieeessaiy
pi'aelical help in tei'nis of meeting basic food needs (within aiid outside the Glenloi7n 'faniily'l whilst also covering the
health and ivellbeing issues which al'e becomiiig Inoi'e pi'evalent aciDss our coi))munities.
As highlighted in the previous 'fi'ustees Repoi'l the Glenloi'an Recreation Company Liinited and all ils holdings wei
iiieluded in a pailial aLquisilioi) by an oiitsidc investoi. team witli The Glenloiaii Social Partiieisliip fvlly included as an
inipoilant element of tlie overall sli'u¢luiE. The Ti'uslees ii'oiild like to I'ecord that they coi)linue lo be encoiii'aged by the
invesloi. team's cleai. inleiil lo exploi'e vai'ious options and oppoi'tuiiilics lor the GSP lo align iviih Iheii. desiiE to see
Glentoran al the heail of the coinn)uiiity. This has beeii I'eilei'ated dui'ii)g Il)is yeai. and Ilie Ti'uslees remain encouraged
by this.
It should also be noted that despite the I'eluin of thc Nl Asseinbly and Execiitive, tliere Continues lo be limited activity
sociated with the Regional Stadia Plan. Meetings have been lield I4Iith govei'nment officials aiid also the Minislei. foi.
Communities, Consei'valive Minislci. responsible toi. stadiun) funding and MP foi. East Belfast. The woi'k in support of
oiii- local commiinity (and fiirtliei. afield} is at the heart of the planning application submitted b), Glenloran Reci'eation
Company as Iliey iindei'took initial scoping exei'cise5 10 include the piDvision ot cominunity space and I'esoui'ces ivithin
a new Stadium ivhich ivould ui)dcrpin much of the woi'k of GSP and provide both a hub fi'om ivl)ich lo operate as well
as community resources foi. social enterpi'ise acliviti,.
The Ii'ustees Nvould ivish lo highlight tl)e fact that the vast Inajoi'ity of the GSP activities have been provided iviih both
the existing volunteer ￿0upS along with additional helpers ai)d acknowledge the t￿mendOuS effoi1s made to pursue our
objects.
OBJEI cfivES AIYD ACTIVITIES
Objectives & Activities
The Objects of tlie GSP I'einain centi'al to the overall aim5 of the GSP namely.
a) To pioinote community pai'tlCiP<ltion in healthy I'ecreation, paiticulai'ly in CJl'eatei- East Beifa51, Ivitlioul rcfei'enee lo
sex, sexuic l oricntalion, l'ace ethnicity, creed, oi. SOCil< I backgiouiid, bs, pioviding ai)d assisting in the piDvision of
facilities foi. tlie playing offooiball and otlicr spoils cgpable of inipn)ving health
bl To advance the physical ediicalion of yOLing people by coachiiig in and pioviding facilities for the game of football
and other spoils and reci'ealional activities so as lo develop theii. physical, mental, and spiritual capabilities to tnable
Iliem lo giDW lo hll maturity as individuals and membeis of society
c) To pix)vide aiid assist in pi'oviding facilities for spoil, I'eciEation or other leisiii'e tiine occupation of siicl) pei'sons who
have need foi. SLiclI facililies by I'eason of thcii. )'ouih oi. social oi. economi¢ cii'¢um8tances oi. for the piil)lic at lai'ge in
Ilie intei'esls of social welfai'e and ii'ith the objccl of impioving tl)eii' eondilions of life.
d) To advance communily development by proi)ioting co-operation &nd.joinl activities between comniunity, voliiiitaiy
and slaluloiy 01-ganisations
e} To promote eqiiality, diveisily, and religiou5 and I'acial hamony
O To promote other chai'ilable pui'poses a5 may from lime to tinie be deleiinined.
Dui'ing the yeai. in queslioii the GSP activities deiieloped and gi'ew, having been ieslricled over pi'eiiioLlS yeais, as
noi'inality I'etui'ned folloNving Ilie ending of the pandeinic. The Ti'ustees have ivoi'ked with and Collaboi'ated with othei.
sections ofihe Glentoi'an family lo piii'sue the above objeclives on a volunleei. basis.
Page I

Glentoi'an Soeial Paitnei-ship (Registered numbei.: N1622030)
Repoi-t of the Triistees
for tlie yeAr ende(131 Decembei. 2023
OBJEICTIVES AND ACTIVITIES
Public Benefit
During the period of this repoit IhelE was an emeigiiig need lo I'efociis attention towai'ds community based initiatives 10
reach all age gi'oups. Whilsl iylaining an interest in the Glenloran Acadeniy it ivas considei'ed that the level of suppoi'l
aiid progiamnJes establislied within the Acadeniy Sii'uctui'e i¥ould enable GSP to coiieenli'ale on community needs. Tl)e
Trustees have delei'inined that the linie wa5 right to expand effoi'ls undei. the theine of Glentoi?n in The Commiinity
wliicli will be fvi'ihei. developed dui'ing 20240. This is Inaii)ly diie lo the Inoi'e settled ai'i'angemenls piit ii) plaee post ihe
Investoi. Take Ovei. as ivell as the geneial lifting ofall pi'eviou5 Covid restrictions.
ACHIEVEMEI NT AND PERftORMANCE
Dui'ing this period, il Kvas considei'ed necessaiy lo establish and ad-hoc steering giY)up to LOOI'dinclte I'esoui'ces and
ideiitify pi'ioi'ities. It is also impoi'lanl lo note that GSP is beii)g iiicreasingly I'ecognised for ils initiatives through the
aivai'd of Reconnect Gi'ants froin Belfast City Council and also a Grant from Halifax Fouiidalion lo suppoi't tlie ivoi'k of
the Ii)clusion Section of the club, along with funding Ii'oin Bai'clays Community Fund and Depaitment of Infi'asli'ucture
Living Spaces and Places.
As a result of which The Ti'ustees are pleased to I'eport the folloiving acl)ievetnenls
All Age Comiiiuility Support Initiative..
Meals foi. the Cominunity including Gfc Meals on Wheels, Food Hainpei's {residenls}, Homeless Suppoi'l (Hclvcn),
Match Day Fainily Zone, M<1tch Day In¢liisioi) PIDgrammes (Cross Cominunity), Commiinity l-.un Days, Clii'islinas,
8nd Eastei. Festivals (C S l.eivis Sq.), Youth in Actioi) (Rio Fei'dinand Foundation). As ivell as pi'oviding veiy praelical
support, all of the above is underpiiined with the desii'e lo promote healtli & ivellbeing, social inclusion and coinmunily
spii'il aci'oss the age gi'oups and Specific larget gi'oups.
Suppoil ivas also provided foi. the Kiiigs Coionatioi) celebi'alions, pi'oviding food and oli the gi'ound support foi. a local
street paity. Comniunity Fun days in partnership ivith local I'esidenls and comtnunity oiganisation5 wei'e also suppoiled
in I'especl of Connsivater Gi'eei)way.
Di'op in sessions iirei'e Iicld al Si Chi'istophei's Chui'ch aiid ilie larder food bank called 'Hello Neighbour" as ivell as a
'Pop in and Play" 5cssion on Monday eiienings held at Connsivalei. Community Cenli'e suppoi1cd by first team sqiiad
pla}'eis and attended by young people fiDin the local ai'ea.
T])e cliib also provided match day tickets via the GSP to local schools via the "Tei'i'aces nol TV" initialive ivhich saw
100 IiLkels issiied on a IDEalioi)al basis to local schools.
Cliai'ity Effoi't:
Relat1011ships have beeii developed ￿Pith English teams Bui'nley) Evei'lon and Livei'pool community ai'ms ivith this
being used to sliai'e best practice. In addition a significant amount of no cost volunteer community, aeliiiity ivas
achieved IhiDiigh GFC Club Volunteei's, Senior Team Pla}iei's & Staff, and I'ecognised Chai'ilies sucli as Rio Fei'dinand
Fouiidalion, Neivfoige Coinmunily Development Ti'iisl, Si)oii Against Racisni Ireland {also including Gleiiloi'an-lnsaka
Academy Nigei'ial.
The Monday Squad (Men5 Shed) i))aintenaiice leaiii conlinlies to pi'ovide a very neccssaiy point of contact foi. mainly
IEIiiEd supportei's ivho voluiileer each week to pi'ovide grounds maintenance and genei'al Mioi'k associated witli Health &
Salety foi. example.
The Trustees ivould ¥vish to I'ecoi'd Iheii. tliaiiks lo the sinall band of cott volunleeis ivho oversaiv maiiy of tlie pi'aclical
effoi1s thi'oughoul the pei-iod and iiiho Kvere able to iiiobilise tlie nicil)y lielpei's requiiEd to achieve all ol'the above.
11 should also be noled that the GSP Inodel and activity is l)eld as a best in class by the team at the Irish Football
Association and an exainple lo oihei. clubs on ho￿, lo intei'aLI with the ¢oininiinity. The GSP has offered to ivoi'k iviih
the IFA Foundation to help develop siniilar woi'k aci'oss all Irish League teams.
Page 2

Gleiitori?n SoeiAI Pai*nersl)ii) (Registered iiumber: N1622030)
Report oftlie Trustees
foi. the year en(led 31 Deeembei. 2023
Key areas of focus foi. GlentorHRI SociAI Pxi'tnershii) are:
Advaiice pl)ysical fitness and mental health and ivellbeing toi. young people by piY)viding oppoiliiiiities lo for
coacliinglineiiloring and access to tacilitie5.
Pl￿[nOte equality, divei'sity and inclusion ensLlI'lI)g I'eligious and racial harinony
Siippoi't tl)e coinmui)ity wilh oihei. cliai'itable pui'poses such as cominunity cohesioii, food SUPPDII, and education &
ti'aining pathiiiays.
Dui'iiig the pei'iod Glenloi?n Social Pai1neiEhip continued to keep in touch with the local con)munity Ihiough meals on
vheels pi'ogi'an15, fi'tc football skills cainps, fitness progi'ams foi. people with disabilities, sLhool nienloiship
pi'ogi'ammes are jiist a few exainples of the ivoi'k completed by the chai'ity. Additionally a Gil'ls Scholai'ship pi'ogramme
comnienced.
Imi)aet aiid Highlights of tlie Year
The folloiving activities ai'c called out
11) 2022-23 Glentoi'an Social Pai'lneiship PlDvided 2,000 (1,942) meals foi. the local community, covei'ing the BT4,
BT5 & BT6 ai'ea, siippoi'tiiig both vulnei'able adults aiid childreii
Hello Neighboui.
Held in The Larder, focussed on addi'essing isolation and food poiiei1y amoiigst pei)sioi)eis and
youi)g fan)ilies. Providing a warm space foi. the community lo come togeihei. tor aclivilies, iyith a liglil luiich, lea and
coffee provided Demogi?phic- Local Comniiinity
Grow and Shal'e _ Community, session pi'oviding local coinmunity Nvith opportunity lo eng<ige I4Iith n¢lture and leai
about healthy eating liabits plus sustainable gai'dening. Pai'lneiship ivitli Connsivalei. Homes and Ulstei. Wildlife
siippoited by Ti'eal Sti'eet and The Lai'dei.. Den)ographic - 8 kids and pensioneis
Pop In Play - 7-14 yeai. old5 provided with the OPPDltunity lo play football in a safe place engaging ivith playei's
from Glei)toi'an FC. l-leld at Connsiiiatei- Coininui)ily Centi'e. Demogy'aphic - 25+ kids 9-14 yeais
Tei'i'l ees not TV Match Day ticket scheme to suppoit oiganisations that woi'k with undei. privileged children across
Nl. Demogi'aphie 400 tickets to tlie local eomniunity
Meals on Wheels GSP Voliinteei's piovide food support foi. families, Vliliie￿b1e adults and pensioneis. Demographic
CJSP voliinteci. 5- 2,000 meals deliveied to vulnerable adults and families
Uii(lerstlliiding Masculinity Educc1tional Workshops addressing emotional and Inenlal health and ivellbeiiig in men
suppoited by trained prof essionols. Demogi'apliic 45 youi)g Inen 15-18 yeais old
Coiniiiunity Footb*ll Tournan)ont Football Toui'naiiieiil including I'efugee teams folloived by inspirational panel
disciission featui'ing local football legends sliaring their pathiway into spoi'l. Deinogi'aphic 50 young people and boys
fiDm innei. East Belfast
Easter Festival Coii)niunily Fun Day with activities, gan)es, music and football skills training iwith Glenloran 1st
Team playei's an d staff. Dei))ogi'aphic- 200 from the local con)munily aioiiiid the gix)und
Big Data in Sport CHnip Inli'oduclion to digital 5ki115 ai)d technology and lioiv it 15 L15ed in spoi'l. Cai'eer paihivays
and jobs in tlie tech i ndusliy introduced. Hosted at W5 ii)Ici'active campus Demogi'apliic - 24 young people
W5 Life: Big Dnt¥q in Sports Exhibition -Digilal skills and technology ivorkshops followed by Belfast Giants game.
Pai1icipanls look pai'l iii Inini digital skills ivorkshops. Deniograpliic - 80 yoiing pcoplc
Graffiti Art Pi'oject - 8 iveek gi'affiti art project ulilising the Oval ivalls as a commuiiity canvas iviih a focus on
developing al't techn iques lo help maiiage sti'ess and anxiety. Demogi'aphic- 14 young people
Page 3

GlentorHn SoeiAI Pab%ne1￿h1p (Regislere(I niimbei.: N1622030)
Repoi't of the Ti'ustees
for the yeai. ended 31 Deeeii)bei' 2023
Connecting Communities tlhi'ougli Ait - A Ci'oss Coi)Imunity pi'oject bi'iiiging togethei. coi))munilies acioss East
Belfast to ci'eate a n)ui'al that I'epiEsenls all of East Beifasl Deiiiogi?phic
Aslifield Boys and Girls pupils and
AcadLmy players.
Into tlie Spoit Industry - Careers event inli'oducing vai'ious I'oles in a football club. Dem0g￿ph1C- 32 young people
Into tlie Tech Industry Careeis event at W5 sp011801Ed by Fibius Deinogiaphic- 10 young people fioii) East Belfasl
The Glentoi'an Cup - Football foi. All Tournament willi leams fiDm Dublin, Soiiihampton aiid Livetyool as ivell as
local Bellasl tea ms. Deinographic- 600 pai'licipants
Celebration Ei vent Ci'oss bordei. celebi'ation event bi'iiiging iogethei. pai'licipants from aci'oss Irelaiid Hiiih football
aclivilies, miisic, dance aiid art woi'kshops. Also panel discussioii iviih local football expeits. Deinogi'aphic 90 )ioung
people from the l ocal conimunily
Ei¢ Stside Ai*s Festival
'Back lo the Oval" loui. Ivhicli 501d out as pai'l of Easlside Ai'ls Festival sharing the hisloi'ical
joumey of the Oval an d ils pait as the heal1 of East Beltast. Deniogi'aphic- 40 pai'li¢ipants
GlenÉoR'Hn Christmas Party - 3 Christn)as pai1ies for local commiii)ity with games, aclivilies, music and of course a
Visii fiDm Santa. Demogra phic- 200 parlicipaiils
ChristniAs Appeal anil Casli foi. Kids - Local Commiinily Suppoit including delivery of toys and food. Demogi'apliic-
East Belfast Conimiinity lvith 500+food hampei's issued, 60 Chi-islmas meals foi. pensioneis, 275 kids and conimunity
gi'oups IEceived brand neiv toys thi. ough the Cash for Kids piDgi'amine
Commiinity Paitners
GSP al'e delighted lo recoi'd the groiving I'elationships and increasiiig collaboi'ation with a rai)ge of pai'lnei's in seeking
to achieve ils Objects. This ivill continue lo be a focus for GSP as il pi'ovides a win/Nvin foi. all concei'ned such as.. 5th
Eleinent, Ashfield Boys High School, Ashficld Girls Fligh School, Bellast City Coiincil, British Youth Evlusical TheatiE
(B YMT), Choice Housing, Coni)swatei' Comniiinity Cenli'e, Connsivatei. Homes, c'fL Coui'iei3, Diveise Youtl),
Eastside Ails Festival, Ediicalion Aiithoi'ity,, Fibi'us, Foul. Siai. Pizza, Hapani, IFA Foundation, Jordans Wish, MSCNI,
N<ltional Lotteiy, Pai'kgale Residents, PSNI, Rio Fei'dinand Foundation, Stella Mai'ls, Sii'eel Soccei. Nl, The Lai'der,
Ti'eat Sireet, Ulstei. Wildlife, W5 Life, WalkNvay Coi))munity Cenli'e, Youtli Initiatives (Easl Belfasl), Keli. Consuliing
Ltd.
FINANCIAL REVIEIW
Finaneial position and total fuiids held
In¢onie foi- the yeai. lo 31 Deceml)ei' 2023 was £28,301 (2022: £34,537) and tl)ere was a sui'plus of
£7,097(2022:£10.799).
Ai 31 Deceinber 2023, the total fvnds held in the Ti'ust was £24,915 {31 De¢embei- 2022= £17,818) aiid the Ti'uslees are
satisfied iviih the finaiicial position al that date.
In accoi'dance ivith the Memoi'andiim of As50CiEltion of Glenloi'ai) Social Pai'tneiEliip, total fund5 held al'e not
disli'ibulable to meinber5 but al'e uliiinalely held foi. cliai'ilable pui'pose only.
Investment policy and objectives
The Ti'uslees have the powei. lo invest in siich assets as they Sce fil.
Reseives i)olicy
The Ti'ust's CLllI'ent tx>licy is not lo embai'k on aclivitieslii)ilialives lvithoiil the woi'king capital li) ils currei)t bank
account lo meet tlie value of aivai'ds and any costs ii)curi'ed foi. the year. The Ti'ust is in the process of developing a plan
lo inci'ease income sti'eains.
Page 4

Gleiitoran Social Partneisliip (Registered iiumbei-: N1622030)
Rei)ort of the Trustees
for the yeai. ende(131 Decembei. 2023
rINANCIAL REIVIEI W
GoiIig concern
The Ti'uslees liave I'evieived the financial slatenienls and have IEvieived flltui'e piDjections and al'e confideni Ihal the
chai'ity has su￿1¢Ie17t funds lo be signed off as a going eoi)cem.
PLANS fioR FUTURC PERIODS
The Ti'uslees are pleased lo confirm that the owncrs continue lo emphasise Iheii. pursuit of Il)e objects ol- tl)e GSP <lS
slated along iviih gi'eatei. collaboralioi) ÉiCI'055 the l'ange of stakeholders within Il)e club and within tlie Grealei. East
Belfast Coinmunity.
Tlie ovei'airhing <iim foi- tl)e Glentoi'aii Social Pai'lneiship I'emains Ii'ue lo ils oi'igii)al purpose - lu ci'cate a sli'uclui'e and
build I'esoui'ces tl)at iyill enable the gieatei. Ivellbeii)g 1< nd social inclusion foi. the people and gioups of Grealei. East
Belfast and beyoiid Ihi'ougli coinniunity ei)gageinent in reci'ealional aclivilies sucl) as sport, recreation conimiinily
intei'esl and leisui'e time. Iii est<iblishing the Glenloi?n Social Partnership Ihei'e is a giDiving appi'eciatioii and sli'alegic
aTnbition that eacli of the Objects and Piii'poses ivill inlegi'ale and suppoi'l each oiliei. as a pi'ogi'ession oi. as a paihivay to
acliieve healthiei. lifestyles ¢1nd.8ocial wellbeing in the Giratei. East Belfast Ai'ea.
Ti)e Ti-uslees al'e delighted that the Nl Assembly and Executive have relui'ned and full), ￿nCtIOnal and over the next
pei'iod ivill seek lo develop plans lo lvoi'k closel), kviil) govei'nineiil departinents. Whilst IEmaining resolute in the
pui'siiil of funding undei. Il)e Regional Stadia Plai) the Truslces none the less liave embai'ked on a pathivay lo pui'sue
ctivities ivl)ich ivill fijiihei. I'einfoire the position of GSP as Il)e lead oi'gaiiisatioi) foi. commui)ity developinenl iviihin
Ihe'Glenloi'aii Fainily.
Plans continue to sup￿1.1 all oihei. sections of the club that seek lo promote, pui'sue, and delivei. activities aligned with
Ilie Objects of GSP naniely Glenloi'an in the Cominunity Initiative withili ivhich volunleei. giDilPS associated iviih GSP
will Create and delivei. initiatives and activities foi. identified gioups such as the eldei'ly, disadvantaged families,
children, and young people aligned ivith the Objects.
The cui'i'ent investor leai)) continues to sti'ess the importance of pi'essing foi'¥vai'd iviih plans lo build a slrongei. platfoiin
roi. inlegraling the playiiig staff into the commiinity to ivoi'k ivith young people ai)d )'ouih oi'ganisalioiis. Tl)is 15
beginning lo gaiii Ii'aclion through a Inove lo full iii))e status as pait of tlie ovei'all ambitions of the neiv oivnei's and
management team. A joint venluiE continues with Ashfield Boys School foi- a scholai'ship pi'ogy'amme lo align leariiing
Ivith spoi'l wilh a Gil'ls sLholarship pi'ogramme also established iii 2023.
Funds I'emain lo be disli'ibuted foi. stralcgic purposes. A veiy geneioiis £IOk Kvas I'eceived as a Irsuli of a plea fiotn the
oiwner lo his business coiilacls lo suppoi'l l)is Nvork. Tlie Trustees delei'mined that these funds should be used foi. more
substantive activitics and Ihei'efoi'c held io support IiioiE strategic inilialives going foi'wai'd.
A i)eiv strategic plan for the I4,liole oi'ganisation aiid how the GSP will foi'ni pait of the plaiis conliniie to evolve. Dui'ing
the period a Gleiitoian in tlie Coininuiiity Coinmittee 14Ias foi'med to siippoi't the |Triislees aiid the work of the GSP. It is
still Il)e stalcd aim of thc Ti'iistCC5 to appoiiit a Social Outi'each Cooi'dinator lo pi'ovide giealer impelus aiid cooi'dinilted
appi'oacli.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Govei'ning (loeumeiit
Gleiitoi'an Social Pill'tiieiship is a conipany limited by guai'anlee, governed by ils Meinoi'aiidiim and Ai1icles of
Association, incoi'poi'ated oli 19 Deceiiibei- 2013.
Oi'gaiiisatioiiHI sli'uelure
Tl)e Ti'ustces InanlÉ ge all biisiiie55 decision5 and Ineet foi'mally on a I'egulai. basis. The Glentoran Social Parti)ei'ship ivas
registered as a cl)ai-ily by Thc Cli¢2rity Comiiii55ion for Noi'ihern Ii'elai)d on 12 Febi'iiaiy 2015.
Ti'ustee iiiduetioii and tl'¥uiiiing
Tlic Trustees al'e aware of tlieii. I'esponsibilities on Coipoi?le Govei'nance. Ti'uslees have previous exlcnsive expei'ience
in eorpoiate govei'nance.
PiÉge5

Glentoran Social PRrtnersliii) (Registei'ed numbei.: N1622030)
Repoi't of the Triistees
for tlie yexr ended 31 Deeeinbei. 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Risli rnmnagement
The Triislees are I'espon5ible for ensuriiig that an effcclive system ol. inlei'nal financial control is maintained and
opeialed by ihe Trust. The system of ii)ternal fiiiancial contiol is based on a frameivoi'k of I'egulai. i))anagei))ei)I
iiifornialion; administi'ative pi'ocedui'es., and a system ot delegation and accounlabilily and is desigiied to provide
IEasonablc assurance that..
Ihc GSP is operating etficienily Ic lid effectively.
its assets aiE safeguai'ded against lini¢ uihoi'ised use oi. disposition.
propel. I'ecoi'ds aiy mainlaiiied, and fiiiai)cial infoi'malion used iviihin Ihe coinpai)y oi. for piiblication is I'eliable.
tlie GSP complies with releiianl laii's and iygulations; and
the GSP systems of financial conliDI al'e designed lo provide I'easonable, but not absoliite assui'ance again51 nialei'ial
ij)isstalement oi. loss.
The niajoi. i-isks lo which Ilie GSP is exposed, as identified by Il)e Ti'uslees, liave been I'eviewed.
and systems have been established lo Iniligate Il)ose risks.
REfiEI REI NCE AND ADMINJST114TIVE DETAILS
Registere(I Company nunibei.
N1622030 {Northern IIEland}
Registered Cliarity nunibei.
101477
Registei'ed o￿lee
Tlie Oval
Pai'kgate Drive
Belfast
Co Anli'im
BT4 IEW
Trustees
Truslecs ai'c currently niembei's of the Ti'ust and tliei'e are no othei. menibei's of the Ti'usl as of the dale of this Itpoi'l.
Cuii'ei)t Trustees ivei'e appointed by Glenloi'an ReciEalion Company Limited. All Iruslees al'e ¥uai'ai)lors of the Triist
with a niaximlim liability of £1. The Ii'ustees of the company ivl)o were in office dui'ing the yeai. and up to the date of
signing the financial statements al'e sel out beloiv..
Mi. Stephen Hendei'son (I'esigned 14 Api'il 2023)
Mi. lan Kei7-
Mr colin.less
Mi. Micl)ael Boyd OBE (appointed 14 Api'il 2023)
Ms Cheiyl Lainont CBE ivas appointed as a Ti'uslee on 5 June 2024.
In(lepen(lent xmmiiier
Mcllveen Hoiward Limited
Cliartei'ed Accounlanls
169a Upper Neiylownai'ds Road
Beifasl
BT4 3HZ
Banliei's
Danske Bank
Donegall Sqiiare Noi1h
Belfast
B'fi 5GJ
Page 6

Glentoyan So¢ial Parttsershlp (Reglstered number: N1622030)
Report of the Trnstees
for the }ear ended 31 December 2023
This report has be¢ii prepared in accordance ivith tho special provisions of Part 15 of the Companies Act 2006 relaling
io siiiall compaiiieb.
Approved by orde
ofihe board of ￿SleeS on...
. and signed on its behalf by:
Mrc AJess-T
Page 7

Independeiit Examiner's Rei)oi't to tlie Trustees of
Glentoi'xn Social PArtiiersliii)
I repoi'l on the accounts of tlie coinpany foi. the year ended 31 Decembei. 2023. Ivhich air set out on pages nine lo
sixteen.
Respective responsibilities of ehai'ity trustees And eiaminer
As the charity's Ii'uslees (and <qlso tlie dii'ectoi's foi. Ilie puryoses of company law) you al'e IEsponsible foi. tlie pi'epai?tion
of the accounts in accordance with the I'eqLIIIEmeiils of the Companies Act 2006.
Having satisfied myself that the chai'ity is not subject to audil under company laiv and is eligible foi. independent
exainiiiatioi), il is iiiy I'esponsibility lo:
examine Ilie accounts undei. Section 65 of the Chai'ities Act
follow the PlDLedures laid doi¥n in the geneiil Dii'eclion5 given by the Chai'ily Comn)ission foi. Noi'ihern
Ireland undei. Section 65{9)(b) of the Chai'ilies Act
slate ivhether particulai. mattel's have come to my attention.
Basis of tlie independent examinej s report
I have examined youi. chai'ity accounts as I'equii'ed iindei- Section 65 of Ihc Chdl'ities Act aiid my e%an)inalion ivas
cai'i'ied out in accoi'daiice Nviih the genei'al Dii'eclions given by ihe Cliai'ity Commission toi. Noi'iheri) Ireland under
Section 65(91(b) of the Cliai'ilics Act. The exaininalion iiicliided a I'eview of the accountii)g I'ecoi'ds kept by the charity
and a compai'ison of tl)e accounts pi'csenlcd iviih those I'ecoi'ds. It also included considel'ation of any unusual items oi.
disLlosui'es in the a￿O￿nts, and seeking explai)utioiis from you as chai'ity Ii'iistees concei'iiing any sucli mattel's.
My I'ole is lo slate whether any matei'ial mallei's have come lo my attention giving me caiise lo believe:
That accounting I'e¢oi'ds weiE not kept in accoi'dance with Section 386 of the Companies Act 2006
That the accounts do not accoi'd ivitl) tl)osc accounting iecoi'ds
That the accounts do not comply iyith th£ accoiinling requii'enients of Section 396 of the Companies Act 2006
and Hiiih the nieihods and pi'inciples of the Cl)ai'ilies Sialeiiienl of Reconimended Piaclice applicc1ble to cl)arities
prepai'ing their accouiils in a¢cordance with Ihc Financial Reporting Standard applicable in the UK and Republic
of Ii'eland
That theie is furthei. information needed tor a piopei. undei'slaiiding of the accounts to be reached.
In(lependeiit examiner's statement
I Iiave coinpleled my examination and have no conccms in I'espect of the mattel's (l) 10 14) listed above and, in
connection Nvitli following the Dii'eclions of the Cliarity Coii)missioii foi. Noi'ihei'n Ii'eland, I have found i)0 mattel's tl)at
reqiiii'e draNving lo your allenlion.
//•
Mi's Pauline McDonnell FCA
MLllveen HowaiTI Limited
Cl)artei'ed Accoiinlant8
169a Upper Neivloivnai'ds Road
Belfasl
BT4 3HZ
Dale:
2sI 12lk
Page 8

Glentoran Social Partnership
Statement of Financi81 Activities
(Iiieoi'poi'atiiig an Income and Exijeiiiliture Account)
foi. tlie yeAr ended 31 December 2023
2022
Total
fui)ds
Unresli'icted
funds
Restl'icted
fiinds
Total
funds
Notes
INCOME AND ENDOWMEI NTS fROM
Doi)alions and legacics
2,371
18,840
21,211
22,174
Oiliei. Ii?ding aclivities
7,090
7,090
12,363
TotHI
2,371
25,930
28,301
34,537
EXPEP4DITURE ON
Cliai-itAble activities
Chai'ilable activities
3,818
17,386
21,204
23,738
NET INCOMEI(EXPENDITURE)
(1,447)
8,544
7,097
10,799
REI CONCILIATION or FUNDS
Total fuiids bi'ought forivard
2.154
15,664
17,818
7,019
TOTAL FUNDS CARRIEI D FORWARD
707
24,208
24,915
17,818
CONTINUING OPERATIONS
All income and expenditure l)as arisen fi'om continuing activities.
The notes form part ofthese fin¢ll)cial slalemenls
Page 9

Glentoran Social Parthership (R¢8tstered number: N1622030)
Balan¢e She¢t
31 December 2023
2023
Total
funds
2022
Total
funds
Unrestricted
funds
Restrlcted
funds
Notes
CURRENT ASSETS
Cash ￿ bank
1,306
24.551
25,857
19,341
CREDITORS
Ajnounts falling due within oiie year
(600)
(342)
(942)
(1,523)
,NET CURRENT ASiSEI TS
706
24,209
24,915
17,818
TOTAL ASSETS ￿Ss C17RRENT
LIABJLITtES
706
24.209
24,915
17,818
,NET ASSETS
706
24,209
24,915
17,818
Unrestricled fwlds
Restricted funds
706
24,209
2,154
15.664
TOTAL FUNDS
24,915
17.818
The charltable company 18 enlitled to exemption from audit under Section 477 of the Compaiiies Act 2006 for the year
elided 31 December2D23.
The members have not required the company to obtain an audit of its fJnan¢ial statements for the year ended
31 December 2023 ID accordanCe￿vith Secti0Th476 of the Conipanies Act 2006.
The tniste¢5 acknowledge their responsibiliiies ior
(a)
enswing that the charitable company keeps a¢¢ounting records that ci)mply with SectioLs 386 and 387 of th¢
Companies Aci 2006 and
preparing financial slateinenls which give a true and fair view of the state of affairs of the chhritable ¢ol￿panY as
at Ilie end of eacli financial year ftnd of Ats surplus or deficit for each fmanciAI y&ir in accordance with the
requireinenls of Sections 394'dnd 395.aftd wbiclL otheiwist con)ply ivilli Ihe requirtments of the CoiiipaThies ACL
2006 relating to financial statements. so far a5 applicable to the charitable company.
Tliese financial ￿atel￿elIts have b¢eTh prepar￿ in accoTdaiice with ih¢ provisioiis applicable io charitsbl¢ coinpa111es
subjecl to the small con)panies regime.
staternenls were apprwed by ihe Board of T'DJslees and authorised for issue
. alld ivere Sigll￿ on its belialf by:
(b)
lie fil
cia
on
MI'CAJess-
stee
Th¢ fonn pat1 of Ihes¢ finaiicial stalem¢i)Is

Glentoran Social PHI'tnership
Notes to tlie Financinl StAtements
foi. tlie yeai. ended 31 December 2023
STATUTORY INFORMATION
Glentoi'an Social Pai'lnei'sliip is a private compan),, liii)itcd by guaraiilee, registered in Noithei'n Ireland. The
company'5 l'egislered i)umber and Itgislered oifice address can be found in the Repoit of the Ti'uslees.
The presentation cuffency of the financial statements is the Pound Sterling (£).
ACCOUNTING POLICIES
St¢ltement of compliance
The fiiiaiicial statements of the chai'itable compaiiy, Ivhich is a piiblic beiiefit entity undei- FRS 102, have been
pi'epai'ed in accoi'daiice iwith the Chai'ities SORP (FRS 102) 'Accoui)ting and Repoi'ling by Chai'ilies: Sialeinenl
of Ileconimended Pi'aLlice applicable to cliai'ilies pi'epai'ing their aceounls in accoi'dance 141iih the fiiiancial
Repoiting Siandai'd applicable in the UK ai)d Republi¢ of IIEland IFRS 102) leffeclive l Januai'y 2019),,
Fiiiancial Rewii'liiig StaiidaiKI 102 'The Finaiicial Reporting Standai'd applicable in the UK lid Republic of
Ii'elaiid, and the Compai)ies Act 2006. The fsnaiicial slalements have beei) prepared undei. the historical cost
conveiilion.
Basis of Pi'ei)ai'ation
The fii)dncial slaleinents have been prepared undei. the hisloi'ical cost convention.
Ineome
All incoine is I'ecognised iii tl)e Sialemenl of Financial Activities once the ch<ll'ity has cnlitlemenl lo the funds, il
is pi'obable that the income iiijll be I'eceived and the amoiint can be measured I'eliably.
Expenditui'e
Liabilities ai'c i'ecognised as expenditui'e as soon as thei'e is a legal oi. consliuclive obligation committing the
cliarity to that cxpendiliii'e, it is piDbable Il)al a Ii'ansfei. of ecoi)omic benefits ivill be IEquired ii) seltlement and
the ainoiiiit of the obligation cali be measui'ed I'eliabl}'. Expciiditure is a¢coiinted loi. on an acei'uals basis and lias
been classified undei. lieadings that aggregate all cost IElated to the categoi.),. Whei'e costs cannot be dii'ectly
altribiited to particulai. headings they l)ave been allocated to activities on a basis consistent iyiih the use of
I'esoui'ces.
Taxation
The chai'ity is exempt fi'om coi'poi'alion tax on ils charitable activities.
Fund I1ccounting
Unresli'icled funds cali be used in accoi'daiice iviih the ch¢iritable objectives al the disci'elion of Ihc Iruslees.
Reslricled funds can only be iised foi. pai'ticulai. IEslI'icled pui'poses iwithin the objects of the ¢hai'ity.
Reslriclions arise Nvl)en specified by the donoi. or i¥hen funds al'e I'aised foi. pai'liculai. resli'icled pui'poses.
Fui'ilier explanation of the natUlE and pui'pose ol-each fund is incliided ii) tl)e notes to the financial slatemeiils.
Page 11
conlinued...

Glentoi'aii SociRI Pai'tnei'ship
Notc5 to tlie fi inaneial StAtements- continue(I
foi. the yeai. elided 31 Decembei. 2023
OTHER TRADING ACTIVITIES
2023
2022
Fundi'aising events
7,090
12,363
TRUSTEEI S, REMUNEI RATION AND BENEfilTS
Thei'e iwei'e no ti'iistees, I'emunei'alion or other benefits tor the yeai. ended 31 DLeembei' 2023 noi. for Ilie )'eai'
ended 31 De¢embei' 2022.
Trustees exp¢iise5
Thei'e Nyere no Ii'ustees, expenses paid for the yeai. elided 31 Decembei. 2023 noi. foi. the year ended
31 Deceinbei. 2022.
COMPAIi4TIVEI S FOR THE STATEMENT OF filNANCIAL ACTIVITIES
Uni'esli'icled
funds
Restricted
fi]nds
Total
runds
INCOME AND ENDOWMENTS FROM
Donations and legacies
22,174
22,174
Other Iizding activities
12,363
12,363
Total
34,537
34,537
EXPENDITURE ON
Charitable activities
Cl)arilable activities
701
23,037
23,738
NET INCOMEI(EXPENDITURE)
1701)
11.500
10,799
RICONCILIATION OF FUNDS
Total funds biDiighl forwai'd
2,855
4,164
7,019
TOTAL fiUNDS CARRIED FORWARD
2,154
15,664
17,818
Page 12
coiilinued...

Glentoran Social Partiiei%hip
Notes to the FinHiiciHI Statements - continued
foi. the yeai. eii(led JI Deeeinber 2023
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Other creditQl'S
Accnjed expenses
342
600
342
942
1,523
MOVEMEN'f IN FUNDS
Net
moveineiit
in tui)ds
Al
31112123
At 111123
Uni'estricteil funds
Genei'al fund
2,154
(1,448)
706
Restricted funds
Glenloian All Age Conimunily Suppoil
Initiative
Halif&Y ￿.￿nI
Donations I'e= Whiskey
Barclays Community Football Fund
Depailmeiit of Infrasti'ucliii'e Living Spaces
Awards foi. All
9,358
2,612
3,694
(1,683)
(1,323)
{3,358)
127
5,082
9,700
7,675
1,289
336
127
5,082
9,700
15,664
8,545
24,209
TOTAL rtUNDS
17,818
7,097
24,915
Net Inoveinent in fiinds, included iii the above aiE as follows..
Iiicoming
regoul'ces
Rcsouires
expeiided
Movement
in funds
Unresti'icted fuiid5
Genei'al fund
2,371
(3,819)
11,448)
Resti-icte(I fiin(Is
Glentoran All Age Coiiimunity Suppoit
Initiative
Walkivay Sumniei. Schcine
Teain Dot
Halifax gi'ant
Donations I'e: Whiske},
Rio Fei'dinaiid Foundatioii
Bai'clays Coi))muniL)' Football Fund
Depai1ment of Infi?sti'uctui'e Liiiing %paces
Aivai'ds foi. All
6,668
18,351)
(1,683)
422
(422)
(1,323)
(3,358)
{5iO)
(3731
(2,918)
11,323)
(3,358)
530
500
8,000
9,700
127
5,082
9,700
25,930
(17,J85)
8,545
TOTAL FUNDS
(21,204)
7,097
Page 13
continued...

Cleiitoi'xn SoeiAI Partnership
Notes to the fi inaiiciAI Statements - continued
foi. tlie yeai. ended 31 Deeember 2023
iIqOVEMENT IN FUNDS- contiiiued
CompArAtives foi. movement in fun(Is
Net
movemeiil
in flinds
At
31112122
At 111122
Uni'esli'icted fun(Is
Gcnei'al fund
2,855
(701)
2,154
Restricted fiinds
Glenloi'an All Age Community Support
350
9,008
9,358
Recoi)necl Progi'amme
3,814
{3,814}
2,612
3,694
H1< lifax gi'ant
Donations re: Whiskey
2,612
3,694
4,164
11,500
15,664
TOTAL FUNDS
7,019
10,799
17,818
Comparative net Inoveincnt in fvnds, included in the above are a5 follows..
Incoining
IrsourLes
Re50U]L'es
expended
Movement
in fuiids
Unre5ti'icte(I funds
Geiiei'al fund
(701)
1701)
Restrieted funds
Glentoi'ai) All Age Conimunity Suppoi'l
Initiative
Walkivay Sumi))ei' Sclieme
Reconnect Pi'ogramnie
23,363
1,250
(14,355)
(1,250)
9,008
{3,814)
(948)
(2,170}
(500)
(3,814)
2,612
3,694
Halifax gi'ant
Donations re-. Whiskey
Rio Fei'dinand Foiindalioi1
3,560
5,864
500
34,537
(23,037)
11,500
TOTAL fuNDS
34,537
(23,738)
10,799
Page 14
contii)ued...

Glentoi'an Socill I Partiiei'sliip
Notes to the Finaiicial Statements- continued
foi. the yeAI' eii(led 31 Deceinbei. 2023
MOVEMENT IN FUNDS- coiitinued
A current year12 nionihs and prior yeai. 12 Inonths combined position is as follows:
Net
movement
in funds
Ai
31112123
At 111122
Uni'estricted flind5
Genei'al fund
2.855
(2,149)
706
Restricted fund5
Gleiiloi'an All Age Comiiiunit}' Suppoit
Initiative
Recoi)necl Pivgramme
350
7,325
7,675
3,814
13,814)
1,289
336
127
5,082
9,700
Halifax gi'ant
Doiiations re.. Whiskey
Bai'clays Cominui)ity Football Fund
Depai1nienl of Iiili'asti'uclure Living Spaces
Aivai'ds foi. All
1,289
336
127
5,082
9,700
4,164
20,045
24,209
TOTAL FUIYDS
7,019
17,896
24,915
A cuij'enl yeai. 12 months and pi'ior year 12 montl)s combined iiet movcmenl in fvnds, included in the above al'e
as follolvs:
Incoming
I'esources
Resoui'ees
expended
Movemeiit
iii fiinds
Unresti'icted funds
Geiieral fund
2,371
(4,i20)
(2,149)
Re5ti'icte(I funds
Glcntoran All Age Coinmunily Suppoi'l
30,031
1,360
122,706)
(1,360)
7,325
lalkivay Sulnincr Scheme
Rcconnecl Pl￿g10A)me
(3,814)
(422)
(2,271)
{5,528)
{1,030)
13731
(2,918}
(3,814)
Team Dot
FlalifaK gi'ant
Doiialions I'e: Whiskcy
Rio Fei'dinand Foiiiidalion
Barclays Coiiimiii)ity Football Fund
Departinenl of Iiifrasli'ucture Living Spaces
Aivards foi. All
422
3,560
5,864
1,030
500
8,000
9,700
1,289
336
127
5,082
9,700
60,467
(40,422)
20,045
TOTAL FUNDS
62,838
(44,942)
17,896
Page 15
continued...

Glentoi'lln Social Partnei-ship
Notes to the FinAneial Statement5- contiiiued
for the yeai. cnde(131 Doeembei. 2023
RELA'fED PARTY DJSCLOSURES
Thei'e wei'e no I'elaled pai'ty Ii'ai)saclions foi. tlie year ended 31 Decen)ber 2023.
TOTAL FUNDS
Iii aLCOI'dance ivith the Memoi'anduin of Association of Glentoi'an Social Partnership, total ft]nds are not
distributable lo iiieinbcrs and at'e to be applied foi. the chai'ilable pui'tx>ses of the Ti-L]sl only.
Page 16