Glentoi'an Social Partneiship
Statemeiit of fi inaneial Activities
(Incoi'poi'atiiig Aii Iiicoine anil Expenditui'e Account)
foi. the yeai. eiiile(131 Decembei. 2024
2024
Total
nds
2023
Total
funds
Uiiresti'icle(I
funds
Resti'icted
fui)ds
Notes
INCO￿1[ AND EI NDOWMENTS FROM
Donations and legacies
7,730
7,730
21,211
Oilier trading activities
7,090
Total
7,730
7,730
28,301
IXPENDITURE ON
Chai'itable activities
Charitable activities
711
19,431
20,142
21.204
NET INCOME/(EXPENDITURC)
(711)
336
(11,701)
{336}
{12,412)
7,097
Ti'aiisfers betiveeii fuiids
Net movement in fuiiils
(375)
(12,037)
(12,412)
7,097
REI CONCILIATION OF FUNDS
Total fijiids bi'oiiglit foi'wai
706
24,209
24,915
17,818
TOTAL FUNDS CARRIED FORWARD
331
12,172
12,503
24,915
CONTINUING OPERATIONS
All ii)coine and expeiiditure has ai'isen from continuing activities.
The notes fonn part of Il)ese fii)ai)cial slatemeiits
Page 8

Glentoi'an Social Pai'tnei'sliip (Registei'ed nuniber: N1622030)
Balance Slleet
3] Decembei. 2024
2024
Total
funds
2023
Total
funds
Uiil'esti'icted
funds
Rcslricled
fiinds
Notes
CURRENT ASSETS
Debtoi's
Casli at bank
726
205
726
12,377
12,172
25,857
931
12.172
13,103
25,857
CREDITORS
Anioiinls falling due wiiliin oiie yeai.
(600)
{600)
(942)
NET CUIIREI NT ASSETS
331
12,172
12,503
24,915
TOTAL ASSII TS LESS CURRENT
LIABILITIEI S
331
12,172
12,503
24,915
NEI T ASSETS
331
12,172
12,503
24,915
FUNDS
Uiirestricted fui)ds
Restricted fiinds
331
12,172
706
24,209
TOTAL FUNDS
12,503
24,915
Tlie cl)arilable coinpany is eiititled lo exeiiiptioi) fi'oin audit Linder Section 477 of Il)e Coiiipanies Act 2006 foi. Ilie year
ended 31 Deceinbei. 2024.
Tlie Ineiiibers liave not requii'cd Ilie coinpaiiy to obtain an audit of its financial staleinents foi. tlie yeai. endcd
31 Deceiiibei. 2024 in accoi'dance witli Sectioii 476 of tlie Con)pani¢s Act 2006.
Tlie tiiislees ackiiowledge tlieii. i'esponsibililies foi-
{a)
ensui'iiig Il)al Ilie cliai'ilable coinpany keeps c1ccounting recoi'ds Iliat coiiiply will) Sections 386 ai)d 387 of Ili¢
Coiiipaiiies Act 2006 and
pi-epai'ing financial sl¢ltein¢i)ts whicl) give a Uiie aiid fair view of tlie slate of uffairs of tlie chai'ilable company as
at tlie ei)d of eacli finaiicial yeai. aiid of its siii'pliis oi. deficit foi. eacli financial yeai. ii) accoi'daiice witli 11)e
i'eqiiir¢iiienls of Sections 394 and 395 and wl)icli oilierivise coinply willi Ilie i'equii'einenls of Ilie Coiiipanies Act
2006 I'elating to finaiicial slalemeiils. so fai- as applicable lo Ilie cl)ai'itable coii)i)aiiy.
(b)
Tliese finaiicial slaleinents liave beeii pi'epai'ed in accoi'dance witl) tlie piovisioi)s ai)plicable to cliaritable coinpaiiies
subj¢ct to tlie siJ)all conipaiiies i'egiiiic.
Tlie fiiiaiicial slaleiiients ivei'e <lPPI'oved by tlie Boai-d of Tivslees and aiidioi'ised foi. issue 011 25 Sepleinber 2025 aiid
wcre signed 01) ils bel)alf by:
Mr C A Jess- Tiustee
Tl)e notes foi-m pai'l of Il)ese financial slateiiieiits
Page 9

Glentoi'An SociAI Piirtnei￿hip
Notes to tl)e Fiii4ineial StAtements
foi. the yelll. eiiiled 31 December 2024
STATUTORY INfi ORMATION
Glenloran Social Partnei'ship is a pi'ivale coiiipany, liinited by guai'aiitee, registered in Noithern Ireland. T])e
conipany's regisleird niimber and registered office addi'ess cali be found in the Repoi'l of the Triistees.
The presentation currency of tlie fii)aiicial statements is the Poiind Stei'ling {£}.
ACCOUNTING POLICIES
StAtenient of eomi)IiAnee
The financial slateiiients of the charitable company, wliich is a public benefit entity under FRS 102, have been
pi'epai'ed iii accoi'dance with the Chai'ities SORP (FRS 102} 'Accounling and Repoi'ling by Charities.. Statement
of Recominended Pi'aclice applicable to cliai'ilies preparing their accoiints in accordance with the Fiiiancial
Repoiling Siandai'd applicable in tl)e UK ai)d Republic of Ireland (FRS 102) (effective l January 2019),.
Financial Repoiting Standard 102 'The Financial Reporting SIAiidard applicable in the UK and Republic of
Ii'eland, aiid the Conipanies Act 2006. The fii)aiicial statements have beei) prepared under the historical cost
convention.
Basi5 of Prepat'ation
The financial statenienls have been prepared Lindei. the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entiilemei)t lo the fi]nds, it
is piobable Iliat tl)e incoiiie will be received and the amoiii)t can be nieasured reliably.
Expenditure
Liabilities are i'ecognised as expei)diture as soon as there is a legal or consti'uctive obligalioi) cominitting the
charity to Iliat expenditure, il is pi'obable Il)at a transfer of econoinic benefits will be requii'ed in settleinent and
tlie amoiiiit of the obligation can be measLlI'ed I'eliably. Expenditure is accounted foi. on an accruals basis and has
been classified undei. headii)gs Iliat aggregate all cost I'elated to Ilie calegoiy. Whei'e costs eai)nol be directly
attribllted to pai'licLilai' lieadiiigs they Iiave been allocated lo activities on a basis consislenl witli the 115e of
resources.
TAXlltion
The charity is exempt from cori)oration on ils chai'ilable activities.
Fund Aeeoiinting
Ui)resli'icted fiinds cali be used in accordance with the chai'ilable objectives al Ihe discretion of the tr1151ees.
Resli'icted fuiids can oiily be used foi. paiticulai. resli'icled piii'poses wiiliiii the objects of the charity. Restrictions
ai'ise wlieii specified by the donoi. oi. whei) fui)ds are raised for pai*iculai' I'eslricted purposes.
Further explanation of the nature and piii'p05e of eacli fund is included iii the iioles lo the financial slaleineiils.
Page 10
conlii)Iied...

Glentoi'an Social Pai'tiieiship
Notes to the FiiiancRal Statemeiits- coiitiiiued
foi. the ye81. eii(led 31 Deceinbei. 2024
OTHER TRADING ACFIVITIEI S
2024
2023
Fundi'aising events
7,090
TRUSTEES, REI ￿[UN[RATIoN AND NEFITS
There were iio Ii'uslees, I'eiiiuneration or oiliei. benefits for the year ended 31 December 2024 nor for the year
ended 31 Decembei. 2023.
Ti'iistees, exi)eiises
There were no ti'iislees, expenses paid foi. the year ei)ded 31 December 2024 nor for the yeai. ended
31 Decembei. 2023.
COMPARATIVES FOR THE STATEME( NT OF FINANCIAL AcfiviTIES
Unreslricled
funds
Restricted
fiinds
Total
funds
INCOME AND ENDOWME<NTS FROM
Donations and legacies
2,371
18,840
21,211
Ollier Ii'adiiig activities
7,090
7,090
Total
2,371
25,930
28,301
EXPENDITURE ON
Chai'itable activities
Charitable aclivilies
3,818
17,386
21,204
NEIT INCOMEI/(EXPENDITURE)
(1,447)
8,544
7,097
RECONCILIATION or FUNDS
Total flinds brouglit foi'wRrd
2,154
15,664
17,818
TOTAL FUNDS CARRIED FORWARD
707
24,208
24,915
Page 11
coiitinued...

Glcntoi-an Social PAI'tiiei3hip
Notes to tlie fi inaiieial Stateinents- coiitinued
ror tlie yeai- en(led 31 Decembei. 2024
DEB'foRS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Oihei. debtors
726
CREI DITORS: AMOUNTS fiALLING Dull WITHIN ONC YEAR
2024
2023
Othei. ClEditQl'5
Accrued expenses
342
600
600
600
942
IVIOVCMENT IN fiUNDS
Net
movenient
in fiinds
Transfei's
between
fiii)ds
Ai
31112124
At 111124
Unj'esti-icteil fiinds
General fund
706
(711)
336
331
Resti'ieteil funils
Glenloraii All Age Con)Iniinity Support
Initiative
Halifax grant
Donations re: Whiskey
Barclays Commui)ity Football Fund
Depaitment of Infi'asti-ucture Living Spaces
Awards for All
7,675
1,289
336
127
5,082
9,700
(4,010)
{500}
3,665
789
(336)
127
504
7,087
{4,578)
{2,613)
24,209
(11,701)
(336)
12,172
TOTAL FUNDS
24,915
(12,412)
12,503
Net Inoveinent in funds, incliided in the above are as follows..
Incoiiiing
I'esources
Resources
expei)ded
Movenient
in funds
Uni'esti'ieted fiiiids
Geiieral fund
(711)
Resti'icted fiinds
Glentoi'aTI All Age Comiiilinity Support
3,731
(7,741)
(500)
(4,577)
(6,613)
(4,010)
(500)
(4,578)
(2,613)
Halifax gi'ant
Depai'linent of Infrastructui'e Living Spaces
Awai'ds foi- All
4,000
7,730
{19,431)
(11,701)
TOTAL FUNDS
7,730
(20,142)
(12,412)
Page 12
coi)linued..

Glentoraii Social Partiiership
Notes to tlie ffinancial Statements - continiied
foi. tlie yeai. elided 31 December 2024
,IOVEMENT IN fiUNDS- coiitiniie(I
Coinparatives foi. Inovemeiit in fuii(Is
Nel
niovenienl
ii) fiinds
At
31112123
At 111123
Uni'esti'icted fiiiids
Genei'al fund
2,154
(1,448)
706
Resti'icted fiinds
Glenloi'aii All Age Con)munity SLlPPOIt
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
Halifax gi'ant
Donations I'e: Whiskey
Barclays Coniinunity Football Fuiid
Department of Infi'asts'iictiii'e Living Spaces
Awai'ds foi. All
15,664
8,545
24,209
TOTAL FUNDS
17,818
7,097
24,915
Compai'alive nel moveinenl iii fiii)ds, incliided in the above are as follows..
Incoming
I'esolirces
Resources
expei)ded
Movement
in funds
Unresti'icte(I fuii(Is
Genei'al fund
2,371
(3,819)
(1,448)
Resti'ieted fiiIids
Glentoran All Age Coiiimunity Support
Initiative
Walkway Suminer Scheine
Team Dol
Halifax gi'ant
Donations re.. Whiskey
Rio Fei-diiiai)d Foiii)dalioi)
Bai'clays Coininiinity Football Fuiid
Depai'lnient of Infi'3Striictiii'e Living Spaees
Awards for All
6,668
i io
422
(8,351)
(I10}
(422)
(1,323)
(3,358}
(530}
(373)
(2,918)
(1,683)
11,323)
(3,358 }
530
500
8,000
9,700
127
5,082
9,700
25,930
(17,385)
8,545
TOTAL FUNDS
28,301
(21,204)
7,097
PRge 13
continiied...

Glentoran Social Partii¢isliip
Notes to tlie r(ji)ancial SIAtemei)ts- coiitiiiiied
foi. the yeAI' en(led 31 Deceinbei. 2024
MOVEMENT IN FUNDS- contiiiiie(I
A current yeai. 12 montlis ai)d pi'ior year12 montlis coinbined p0511ion is as follows..
Net
movement
in funds
Transfers
between
funds
At
31112124
Ai 111123
Uiii'esti'icted fuiid5
G¢i)eral fiiiid
2,154
(2.159)
336
331
Resti'icÉed funds
Glenloran All Age Commuiiity Support
Initiative
Halifax grant
Donations re: Wliiskey
Baiclays Conimunity Football Fund
Depai'linent of Infrastructure Living Spaces
Awai'ds for All
9,358
2,612
3,694
(5,693}
(1,823)
(3,358}
127
504
7,087
3,665
789
(336}
127
504
7,087
15,664
(3,156)
(336)
12,172
TOTAL FUNDS
17,818
{5,315)
12,503
A ciiri'eiit year 12 months aiid pi'ior year 12 months coinbiiied net moveinenl in funds, iiicluded in the above are
a5 follows:
Incoming
resoiirces
Resources
expended
Movement
in fund5
Ujhj'esti'ieted fund5
General fuiid
2,371
(4,530)
(2,159)
Restiicted funds
Glentoran All Age Cominiinity Suppoil
10,399
110
422
(16,092)
(lio}
(422)
(1,823}
(3,358)
(530)
(373)
(7,495)
(6,613)
(5,693)
Walkway Siiinmer Scl)eme
Teain Dot
Halifax grant
Donations re: Whiskey
Rio Ferdinand Foiindatioii
Ba]￿layS Coniii)unity Football Fund
Depai'lnient of Ii)frasti'ucture Living Spaces
Awml'ds for All
(1,823}
(3,358}
530
500
7.999
13,700
127
504
7,087
33,660
(36,816)
(3,156)
TOTAL FUIYDS
36,031
(41.346)
(5,315)
Page 14
continued...

Gleiitoi'An SociAI Pai'tiieisliip
Notes to the FiIiAiicial Statemeiils - contii)Iie(I
for tlie yeai. endeil 31 Deeenibei. 2024
RELATEI D PARTY DISCLOSURES
Tliere were no I'elaled party Ii'ansaclioiis foi. the yeai. ended 31 December 2024.
10.
TOTAL FUNDS
In accordance with the Meniorandum of Association of Glenloran Social Partnership, lolal funds are not
distributable lo membei's and al'e lo be applied for tl)e chai'itable purposes of the Ti'ust only.
Page 15