Cornpany Registratlon Number.. N1041704
Charity Number.. 101493
Falls Community Council Limlted
A Gompany Ilfflltsd by gugranteo, not hovlng a slmre capltall
Annual Report and Audited Financial Staternenls
for the financial y9ar endgd 31 March 2024
Quarter A¢countsnts Lld
Chartered AcGountants and Statutory Audltors
st.Annas House
Cath@dral Quarter
S Chur¢h Street
CD.Antrlm
BT1 IPG

Falls Community Council Limited
(A company Ilmltad by guarantee, not havlng a 8haro capltal)
CONTENTS
Page
Trust8e5' and Other Infomiation
Trustees, Annual Report
Statement of Trustees, Responsibilities
Independent Auditor's Report
Statement of Financlal Activities
10
Summary Income and Exp8nditur8 Account
11
Balance Sheet
12
Notes to the Financial Statements
13-19

Falls Community Council Lirnited
IA compahy Ilmlt6d by guarantee, not havlng a share Gapllal)
TRUSTEES, AND OTHER INFORMATION
Tru8tee8
MS Ellzaboth Anne Grovos
Mr Henry Eugene Magulre
Ms Chrlssl8 Marle Mcaul8y
Charity Number In Northern Ireland
101493
Company Reglstratlon Number
N1041704
Reglstered Ofllco and Prlnclpal Addrèss
st Comgalls
Divis Street
Belfast
Anlrim
BT12 4AQ
Audltors
Quartor Accounlanls Ltd
Charlered Accountants and Stalulory Audltor8
St.Annes House
Cathedral Quarter
15 Church Street
Co.Anlrlm
BT11PQ
PrinGlpal Bankers
Bank of Ireland
202 Anderson81own Road
Belfasl
BT11 gEB
Soli¢ltors
Flynn & McGetlrick
238 Falls Ro&d
Belfast
Anlrim
8T12 SAH

Falls Community Council Limited
IA Gompaiiy Ilmltèd by guaranteg, not h&vlnu a sharB capltall
TRUSTEES, ANNUAL REPORT
for Ihe ftnanclal ye8r onded 31 March 2024
The twste8s p￿ent th8lr Trustees, Annual R8porl, oombining the Direclors, Reporl and Trusl868' Report. and the
audited tlnanclal slalements for tho flnanclal year ended 31 March 2024.
Tha financial 8tat8men18 ar8 pr$pared in aocordan¢e with the Companles Acl 2006, FRS 102 "The Flnancial
Reporting Standard appllcable In the Ul< and Republlc of Ireland. and Accounllng and Reporting by Charilles.,
statemenl of Recommend&d practi￿ applicable lo charilies preparlng thelr financlal st8t8menls in accordance wllh
th8 Financial Reporting Standard appll¢able In Ihp UK and Ropubllc of Ir91and (FRS 1021.
The Trusleos, Report contalns tho InformatlDn requlred lo be provld6d in th8 Trustees, Annual Reporl under the
Stalemenl of Recommended Practloe (SORP) guidelln8s. The trustees of tho oompany are a180 charlty trustee8 for
the purpose of charlty law and under the company's constllulion are known as Members of the board of IIu8teès.
In Ihls report the Irusl8es of Falls Community Councll Llmited present a summary of Its purpo86, gov6rnance,
activitles, achlevements and flnances for the financial year 31 March 2024,
The company i¥ a r8glstered charity and henc& tho report and results are prosented in a form whlch complle8 With Ihe
requirements of Ih(J Companies Act 2006 8nd, allhough not obllged lo comply wllh the Statemènl of Recommendéd
Practice appli¢abl8 In the UK and Republic of Ireland FRS 102, the organlsallon h8s Implem6nted ils
recx)mmendallon8 where relwant in Ihese financi&l slalemenl8,
Mlsslon, ObJoctlve8 and Strategy
Mlsslon Stat•ment
Falls Communily Council (FCC) was es18blished In the mid-1970s as an umbrglla organlsatlon for communlly groups
in Wesl Belfa81. Ils orlginal aim was lo bring communlty organi&allon8 togethèr, to share resources, lo advo¢a16
on communlty concerns.
FCC ha8 m8inl8ined & pivotal role in developlng ihe rommunlty infraslructur6 and hames8lng communlly activity in
West Belfa8t. It ha5 (t)ntinued to develop a Comprehensive range of servlces, In re8pons& to identified need, which
contribute to the enhancornent of communlly Ilfe, heallh, w811-bglny of all Ihe re8ldenls of West Belfast, Its
pr8mi8&8 are located on thè Falls Road In Belfast.
FCC'S SlrategiG Plan details an Innovallve programme that ￿11 contlnue Io 8UPPOrt and 81rength&n the communSty
Infrastructure and provide opportunliles for people to galn tho confiden¢8, skills, knowledge and vlslon to fully
participate in ¢ivEc sodety,
Most people wanl lo lfve In a place where thay know thelr nelghbours and fBel safe. A pla￿ wilh good horn¢s, local
shops, job8, and opportunllles for young people to gel a good ￿ucatIon, c￿alIng these places requlres a comrnunlty
iiipul into the way CC￿MUnitIeS are plannad, d6slgned. bullt and rnaintained. But suslainable communttle8 are about
more than brlcks and mortar. Th8y requlre good local governaiice, public partsapalion, partnershlp work1ng. èXGellenl
publlc 8ervlces, and dvl¢ prtde. They ar6 a￿ul learning Irom the mislakes of tho past and Ilnklng soclal, economlc
and pnvlronmenlal progr8mm6s. Local community organisalions Such 88 the Falls Communlty Coundl play an
Increaslngly SIgn￿lS¢ant parl In Ihe dewolopment of Sustalnable communities.
ObJoctlve$
A statement of the thr8e pur￿888 as defined by the charlty commission are,.
The 8ifvancem&nt of educ81ion
The a(bJancemonl of ￿tIZenShIp or communlly development
'rhe athiancemsnt of health or the sgving of lives
Strat8gy
Who do we help
FCC works to help the general populallon of Wesl 86lfast. We do Ih18 through advocacy lor Iho local communlty and
Inleragency working for the benelll of the communlly. However, we do have s partlcular focus on speolflc element8
within the local CDmmunlly. These In¢lude:
Specific a￿aS of deprlvallon
Unernployedllow incom9
Addlcllons Idruglsolvenflalcohol abuse)
Interface communities
Volunteers
Adult Iralnlng
Voluntary and communlty seclor
Yotrth {14-25year old's)

Falls Community Council Limited
IA company Ilmltod by guaranteg, iiol havln9 a share capltall
TRUSTEES, ANNUAL REPORT
for the financial year 6nded 31 March 2024
How do we do Ihls
FCC offers a range of 86rvlc88 for the local communlty. Wè act as advocates for the naecls Id6ntlfled by thé loeal
commLinily and we also provlde a range of servlces that sook to addross gpgcific nè6d these Includ6.'
1, Advlc@18dvocacylinformalion
2. Community d8v6lopmenl
3, Relief of poverty
4. Human rightslequ81ily
5. Youth developmpnt
6. Educalionllralning
7. Welfare Advlce
8, Communlty enterprlse
9, Researchlevaluallon
Fliianclal R8vIèw
The results for the flnanoial year are set out on p8gè 10 and 8ddS1ional notes are provided showlng income and
axpendlture In greater delall.
Flnanclal Rasults
Al the end of the flnanclal year the company has assets of £7,641,313 (2023 - £7.794.5631 and Ilabllltles of £309.056
<2023- £381,448>. The net assels of lh8 company havg décr8ased by £180,858).
Tru8teo8
The Iruslees who served throughoLII th8 fin&ncial y8ar, 8xcepl as nol8d. wer8 as follows..
Ms Ellzabeth Anne Groves
Mr Henry Euuene Magulre
M8 Chrissie Marie Mcauley
In a¢cordanGe with the Consliiulion, the tru51ees retire by rotallon and, being ellgible, offer themselves for re-eleclion.
Comp118nce with Se¢tor-Wide Legi81ation and Standardg
The company engages pro-actively wllh legi81ation, 81andards and ¢>xles which are developed for the sedor. Falls
Community Council Llmited sub8crlbe5 to and Is compllanl wilh the following.,
The Companles Act 2006
The Charllles SORP (FRS 102)
Thè Audltors
Quort8r Accountants Ltd, (Chartergd A¢counlanisl, were appolnled audllors by the Iruslees lo fill the Casual vacanoy
and th@y hav6 expressed Ihelr wllllngness to conllnu9 In offlce In accordance wilh the provislons of Secllon 486 of the
Companles Act 20rx.
Approved by the Board of Trusteès on 18 Dèc8mber 2025 and slgnéd on Its behalf by:
MS Chrissie Mar19 Mcauley
Dlrector

Falls Communlty Council Limited
(A company Ilmll8d by gLiaYontag, not h&vlng a 3har8 capltall
STATEMENT OF TRUSTEES, RESPONSIBILITIES
for the flnancial year ended 31 March 2024
The truslees, who 8r@ 81so dlrectors of Falls c(￿MUnItY Counrtl Limiled lor the purpose8 of company law. are
responsible for pioparlng Ilie Ilnancl81 slalem8nl8 In accordenoè with applicable law and regulallons.
CDmpany18w requi￿$ th? tru81o&8 a8 Ihe dlreolors to prepare flnanelal 81alemenls for each financial year, Under that
law the trustegs have el8ct8d lo prep8re the flnanclal slalemenls In accordance with Unlled Kingdom Gen8rally
Acc&pled Accountlng Pracllce (United Klngdom Accounling 8landard8 and applicable law) including FRS 102 Th6
Flnanclal Rèportlng Slandard appllc8ble in the UK and Republlc of Ireland" Sedlon IA (Small Entllles), Under
company law Ihe Irustees must not approve the financial slalements unless they gr9 8a118fied that they give a Irue and
fair view of tho state of 8ffalr8 of the Gotnpany and of the surplu8 Dr doflcil of Iha company for that pedod.
In pr&p8ring Ihese flnancial 81atements, the tw8tees are re(tulred lo..
sele¢t suitable accounllng pollcles and apply them Conslstentty,,
observe th@ methods and prinolples in the Charllios SORP
mak@ judgemenls and aceounllng esllmales Ihal are reasonable and prudent.,
slate whether the ffnandal 8lalements have been prepared in accordance wllh appllcable aceounling s18ndards,
identify those standard8, and note the effect and the rea80n8 fi)r any materlal departure from thoso standards: and
prepare the financial statomenls on the going contsrii basis unless it 18 inappropriate to pra8uma that the
company will continue in op6r8tlon.
The Iru8tees are r&sponslble for k&8plng ad8quale accounllng records Ihat ar6 sufficient to show and explaln th8
company's transaction5 and dlsclos8 with reasonable accuracy at any Ilme the financlal posillon of th8 company and
enable them lo ensure that the flnancial slalgments cornply wllh the Companies Act 2006 8nd. They are al8D
responslble for 8afeouarding thg assets of the company and hence for taking reasonable steps for the prevenllon and
delecllon of fraud and olher iTregularili88.
In so far as the Iwstees are 8w8re-
there is no relevant audlt informatlon {Inforrnation neodgd by the company's audllor Sn connection wilh preparing
the audltorfs report) of which the company's aLirfitor is unawar6, and
the IrLJStees have taken all the stpps that they ought lo have takan as trustees In onler to make themselves aware
of any relevant uudll Informallon and to establish that the company's a￿lIar is aware of Ihal informalion.
Approvèd by the Board of Trustees on 18 DeGember 2025 and slgn6d on Its behalf by..
Ms Chri851e Marie Mcaul6y
Dlrpctor

INDEPENDENT AUDITOR'S REPORT
to the Members of Falls Community Council Limited
IA Company Ilmllod by ouarantse, not havlng a shar9 capllall
Roport on thp audlt of the flnanclal 8tatsm9nt6
Oplnlon
We have audlled the company flnandal slalEmenls of Falls Community Councll Limlled {'Ihe company,) for th8
financial year ended 31 March 2024 whlch ¢x)mpllse lh8 Statement of Financial Aclivilies, the Summ8ry Income and
Expenditure Account, Ilie 3alance Sheet and noles to Ihe flnancial stal&menls, including the summary of significant
accounllng polic4es sel out In note 2. The flnanclal reporting fr8mework that has been applied in Iheir preparatlon Is
applicable law and United Klngdom A￿ountIng Standards, Including FRS 102 "The Flnancial Reporting SlandaTd
appllcable In tho UK and Republic Df Ireland,, applylng $8¢llon 1A of that Slandard and Accounting and R9POrtlng by
Charili6s,' Statemonl of Recommendéd Pr8¢llce applic8ble lo Charities preparlng thelr acoounls In accordance with
FRS 102.
In our oplnlon. when roportlng In aGcordancg wllh a falr presenlalion framewo)* Ihe financial 8lalemeiil8',
glve a true and falr vlew of the slate of the company's 8ffali$ as 8131 March 2024 and of Ils deficit for the flnanclal
yaar th8n ended,,
have be8n propely prepared In accordance wllh Urnlt￿ Klngdom Gèn&rally Accepted Accounilng Practlce,. and
havo been prepared in accordance wtth the requlremenls of the Companlès Act 2006 and the Charltlas Act
(North8rn Ir6landl 2008.
Ba$ls for oplnlon
We conducted our audit in accordance with International Standards on Auditlng {UK) IISAS (UK)} and appllcable law.
Our re8poiisibililies under those standards are further described in the Auditor's r8spon8ibililies for Ihe audll of Ihe
financial statemenls section of our report. We ar8 Independent of the company In accordance wfLh ethlcal
requirements that relevant Èo our audit of Ihe financial slalements in the UK, including the FRC'S Ethic81 Standard,
ond the Provlsions Available for Audi18 of Small Entille8, In the circum8tancgs 881 out in Note 4 10 thg financlal
slatemenls, and we have fuiftlled our other ethlcal responslbllities in accordance wlth these requlr8m8nls. W@ bell8ve
that the audit evidence we have obtained 18 sufficient and appropriate to provide a basi8 for our opinion.
ConGIuGlons relatlng to going Gon¢ern
In 2udlllng the financlal stalements, we h&ve con¢luded ihat Ihe Iruslees, use of the going ooncern basls of
a¢￿untIng In the proparatlon of the flnandal statements 18 appropriate.
Based on the work we have performed, we have not Identified any malerial uncertalnties relating lo events or
condltlons that, Indlvldually or collectively, may ¢asl slgnlflcant doubt on the company's ablllty lo contlnue as a going
concom for a peri((l of at leasl Iwelve months from the dale when the financial statements are authorlsed for Issue.
Our r8spon8lbllllles and th6 rasponslbillltes of the trustees wllh respect lo golng oon¢ern are descrlbed In th2 relevanl
secllons Of thls r8POrt.
other Informatlon
Th8 Other informalion comprises the informalion Included In th6 annual report othèr Ihan tho financlal statement8 and
Dur Audilovs Repori Ihereon. The trustees are responslbla for thè other Informallon contalnod withln Iha annual
report. Our oplnion on the financlal slalement8 does not covar tha olhor Informallon and. excapt lo the gxlenl
otherwi80 expllcitly statecl in our report, we do nol èxpre8s any form of assurancè concluslon Ihereon.
Our responslblllly 15 to road the olh8r information and, in doing so, con81der whether the olher Inform8llon18 m8tÈrlally
inconsislenl wilh the financial slalernenl8 or our knowledg& obtaln8d In the course of the audll, or otherwise appears
to be materially misslaled. If we Identify such mal&iial inconsistencies or apparent material mis$tat&ments, we are
required to delermlne whether thls gives rlse lo a mal@rial mi8Statemenl in Ihe financial slatemenls themselv88. If,
based on the work we have perfomied, we conclude that Ihere IB a material mi$slalemenl of this olhgr infom)alton. w&
are requlred to report Ihal fact. We have nolhing to report In thi8 regard.
Oplnlon on other matter pres¢rlbed by the Companle5 Act 2006
In our oplnion, based on Ihe work undertaken In the cour8e of the audll:
Ihe Informatlon glven in the Twstees, Annual Report for the flnanclal year for which the financial stalemont3 aro
preparod Is conslslent wllh Ihè flnanclal statemenl8' and
the Trustees, Annual Report has b66n prepared In ￿￿OrdanCe wilh applicable legal requirements.

INDEPENDENT AUDITOR'S REPORT
to the Members of Falls Community Council Limited
IA coinpany Ilmlted by guarantèe, not havlng a shore capll?
Matter8 on whlch we are requlred to report by 6xcgPtlon
In the Ilglil of OLir knowledge and underst8ndlno of thè company and 11$ environmenl obtained In the cour66 of the
audll, we have not Ideniifiod material m1881atemenls Ir) Ihg Trustees, Annual Report,
We have notNng to roport In r88pecl of Ihe following matters where the Companles Act 20(JS requlres u3 lo report lo
you If, In our opinlon,.
adequal6 aco)unllng récords have not bèen kept,. or
the financlal slal8m9nls are nol in agreement with the accounllny records and raturns,. or
certain dlsclosures of Irustees, r@munerallon specified by law are not madg: or
the trustees were nol enlllled to prepare the financial 81alern8nts in gccordance wlth the 8mall companies regim8
8nd tak8 advanlage of thg small companle6' exemption in preparlng thè Tru$te@s' Annual Report.
Respon8iblllties or tru8te68 for tho flnanclal ststements
As explaliied more fully in the Statement of Trustees, Responsibililies set out on page 6, Ihe Irusleès are responslble
for the preparallon of the financi81 slalements and for belng sallsfied that Ihey give a true aiid falr vlew. and for such
Internal Control as they determine Is necessary to anable the preparation of finanolal slalements that aro fr8e from
mal8rlal misstatement, whether dug to fraud or error.
In preparing (he flnancial slalemenls, the trustees ?r6 rgspDn$lble for assessing the companys abilily lo conllnue as a
going con¢ern, dlscloslng, gs appllcable, matlets related lo golng concern and uslng the going concern basS8 of
ae£ountlng unles5 managemenl either intends to liquidalo thè company or lo coa8e operallons, or has no reallsllc
altematlve bul to do so.
Audltor'$ responslbllltles for the audlt of th6 flnanclal statomants
Our obJectlv6s ar& to oblaln roa$on8ble a88Utancg abDLrt wheth&r the flnanclal slalaments as a whDle are free from
material mlsstatament, whether due lo fraud Dr error, and lo Issue an Audllols Report thal includes our opinion.
R@asonable assurance Is a hlgh16vel of assurance, but is not a guarantee Ihat an audll conducted in accordance with
ISAS {UKI will ah¥ays detect a malerfal mi88talement when il exlsts. Mlsslslements can ar158 from fraud or error and
are considered malerlal If, indlvldualty or in the aggregat8, thgy could reasonably be expecled to influence the
economlc d8cl8lons of users taken on the basis of Ihpse financial slatemenls,
Irregularili8s, includlng fraud, arg Instances of nortrcompliance with law8 and regulallon8. We deslgn procedures In
Ilne wlth our I'@spon8ibllltles, outllngd above, lo detect malerial misstatem8nts In r&specl of irregularllles, includinu
fraud. The extent lo which Dur procedures are capable of delecllng irregularitlos, Indudlng fraud Is detalled bolow-
Enquiring ofman8g8ment.
Identifying, evalualing and complylng wlth laws and regulations and whether th8y arè awartr of any Instances of
non-comp11an￿,
DgteGling and respondi￿ lo ri8ks Of fraud ancl whether they have kno￿edg8 of any actual. suspected of alleged
fraud.
DI8cu881ng gmong the eng8gem8nt leam as lo how and where fraud mlght OCCUT in the Financlal Staloments
Indudlng usual journal enllres, complex transactions 9tc.
Obtaining an under8landing of the leg81 and regulatory framework Ihg ¢ompany opergtos in and focu61ng on th08e
that have a dlrect effect on the financial slAtement8.

INDEPENDENT AUDITOR'S REPORT
to the Members of Falls Community Council Limited
IA company IlmStsd by guaranta&, not havlng a Ehare capital)
Furuior Informatlon regarding the Scope of Dur r88pon8lblllllés as audltor
A8 part of an audil in accordance with ISAS (UK), we exercls6 professional judgement and maintsln prof988ional
8C8Pticism throughout the audlt. Wè 8180-
Idenlify and assess the risks of material mlsstabment of th8 financt81 slatemgnts, whether due to fraud or error.
design and perfomi audlt proceduras responsive lo those risks, and obtaln audit evidence that Is sufficienl and
appropriaté to provid6 a basls for our oplnlon. The ri8k of not detecting a materlal misstatement resulting from
fraud is htghér than for one rèsutting from error. as fraud may involve collusion. forgery, intsnlional omlssions.
misrepresentstions, or the ov8nide of inlemal control.
Obtaln an understanding of internal control relevant to the audlt in ordor to design audit procedure8 that a
appropriate in Ihe clrcurnstan￿s, but not for the purpose of expresslng an opinion on the effectivéness of th6
companys inlemal control.
Evaluale th8 appropriateness of accounting policl&s used and the reasonableness of accounting eslimat8s and
r61ated disclosures made by trustees.
Conclude on tho appropriateness of the trustses, use of the going concern ba$is of accountlng and, based on the
audit evidence obtained, whether a material uncertainty exists relat6d to events or condlllons that may oasl
significant doubt on lh8 company's abillty to continue as a going concem. If wè Conclude that a material
un￿rtainlY èxists. we are r8qulred to draw attenlion in our Auditor'8 Report to tha ralaeed disclosures in the
financiel stalem8nts or, tf Such dlsclosures are Inadequate, lo modify our opinion. Our concluslons are based on
the audit evidenc8 obtained up to the date of our Auditorfs Report. Howèvar, future gv8nts or conditions may
cause the ¢ompany Io c8ase to continu@ as a going COn￿rn.
Evaluate the overall presentation, structur8 and content of the financial statements, including th8 disclosuras, and
whether the financial 8lalem8nts represent the undèrlying transad¢n8 and events in a manner that achievès fair
presèntatlon.
We communlcate with those ttharged with gov8mance regarding. amang other matters, the planned scope and timing
of the audit and slgniff¢ant audit findings, including any significane defi￿enCieS in Intern81 control that we identify
duiing our audiL
Th8 purp088 of our aUdItv￿rk and to whorn we owe our re8pon81bllltlas
This report is mada solely to thè companls members, 88 a body, in accordance with Chapter 3 of Part 16 of Ihe
Companies Act 2006. Our audit wort< has been undertaken 80 that we might State to th& company's members those
matters we are requir8d to stat8 to thèm In an auditors report and for no olh8r purpos8. To the ￿lIaSt extent permltted
by law, we do nol accept or as8um8 r8sponsibilily to anyone other than the company and th8 company's members as
a body, for our audit work, ft)r this report. or for the opinions vve have formed.
Claran Mccavana (Senlor Ststulory Auditor)
for and on bghalf of
QUARTER
Chartered Accountants and Staknory Auditors
st.Annes Hou88
Cathedral Quarter
15 Church Street
Co.Antrim
BT11PG
18 December 2025

Falls Community Council Limited
IA ttompany Ilmlted by gu&ranl2&, 1)ol hgvliig a &hgre ¢apltall
SUMMARY INCOME AND EXPENDITURE ACCOUNT
for th6 Ilnanclal year ended 31 Ma￿h 2024
Statement of
Financlal A¢tlvllles
2024
2023
as reslaled
Gross income
Unre51r(cted funds
Reslrlcled funds
212,973
698,680
911,653
8,295,238
Total Income
Total expendlture
911,653
8,295,236
1992,511} (1,(D8,840)
Net Incomellexpendlturt)
180,858)
7,196,396
The Company ha8 no recDgnised gain8 or10s8e8 Other than the rosulls and cash flows for the flnancial year. Tho
results for the financial year have been calwlat@d on Ihe hl8torlcal cost ba81s.
The notès on p&ge8 1310 19 form part of tha ftf8ncl81 statements

Falls Community Council Limlted
IA compary Ilmlted by uiiorants&, not havlng a Bhare ¢apltall
Company Numb(gr,' N1041704
BALANCE SHEET
as al 31 March 2024
2024
2023
Notès
Ss rèstated
Flxed As5ots
Tangible assets
13
7,371,058
7,518,334
Current A88ets
Debtors
Cash at bank 8nd In hand
14
256,711
13,544
271.110
5,119
270,255
276.229
Credltors: Amounts falllng due wlthln one year
15
1108,662>
(139,302)
Net Currént Assets
161,593
136,927
Total Assets1888 Current Llabllltlos
Y,532,651
7,665,261
Creditor5
Amounls falllng due aftèr mora Ihan one year
18
1200,3941
1242,146)
Tolal Net Asgets
7,332,257
7,413,115
Funds
Endowment funds
In¢ome lunds:
Reslrlcted trust funds
General fund (unrestrlcled)
7,026.335
7,178,335
17
184,955
120,867
72,600
1￿2,280
Total funds
18
7,332,257
7,41a,115
Thesè flnanelal slelements have been prepared In accordance with the special p￿vISIonS relating lo SMAII cnmpanl8S
withln Part 15 of the Companies Act 2QO6.
The Itnanclal statements have beèn prepared In aGcordance with Ihe provisions applicable to eompanle8 subject lo
Ihe small companlos, r6glm6 and In accordan￿ wilh FRS 102 "The Financial Reporting Slandard appllcable IhB UK
and Republic Df Ireland" applylFTrJ 8ectton 1A of that Slandard.
Approved by the Board of Trustoes and authorl8ed for Issue on 18 December 2025 and Slgned on Its behalf
by
,'&Yie
Ms Chrlssie Marie Mcauley
Dlrector
Thfy no105 on pages 13 10 19 brm part of the linancrel stalgmenls
12

Falls Community Council Llmlted
IA ¢ompany Ihwlted hy guarantfje, not havlng a share capltall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year endsd 31 March 2024
GENERAL INFORMATION
Falls Community Councll Llmlt8d Is a Company Ilmlled by guarantee incorp)raled In Northgin Ireland. The
reglstered offloe of the company is Sl Comgalls, Dlvls Street, Belfast, Antrim. BT12 4AQ whicli Is also the
prlnclpal place of buslness of the company, The flnanclel 8talements have boen presBnt6d In Pound (£) whlch
is also the functional ￿rrencY of tho company.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following accounting polloles have been applled conslslerltty In deallng wllh Items which are con$ld8red
material In rèlatknn to the chgrfty's financlal slatem8nts.
Bas1$ of preparatlon
The Ilnanclal statements hav8 been prepared on the going concern ba51s under the hlslodcal cost Gonvenlion,
modified lo Indude certain Items at falr value. The flnaiicial 8181emenls havo begn prepared in a¢¢ordance
with the SlalemeNI of Recomrnended Practice (SORPI Accountlng and Reportlng by Charilles preparing Ih6ir
Le￿•unIS in 8C(y)rdance wilh the Flnan¢iai Reporting Slandaid &pplicAble In thè UK and Republlc of Ireland
FRS 102 applylng Section 1A Df that Standard.
As pernitled by the Companles Act 2008, the company has varled th6 81andard form2ts in Ihal act for the
Staiemenl of Financial Aclivili88 and the Balance Sheol. Departures fiom the standard formats are lo comply
with the requlrements of the Charilie8 SORP and are In compliance wlth secllon 4.7. 10.6 and 16.2 of Ihal
SORP,
statèment of compliance
The finandal statements of Ihe company for Ihe flnancial year ended 31 March 2024 have be6n pr&pared on
the yolng concern ba&18 and In a(￿ordE)nCe wllh the Slatoment of Recommended Pracllc? ISORPI
'Accounling and R6POrting by Charitles preparfNg their accounts In accordance with the Finandal Repo￿ng
SlarKlard applicabl8 It) the UK and Republic of Ir6land FRS Iir2 applying Section 1A of that Standard.
Fuiid accountlng
The followlng ara the categorles of funds maintained.,
Restrlcled funds
Restrtcted funds repre8ent income received which can only b8 used for parllcular purp08e8, as spe￿fIed by
the di)nor8, Such p￿￿OS&S al'e wlthln the overall obJectiv88 of the company.
Unrestricted funds
Unre&trlcled funds con8lst of G8neral and Deslgnated funds.
General funds represent amount8 whlch ar6 expendable al Ihe di8cretlon of th8 board, In further8n¢e Df Ihe
objectives of the company.
Deslgnaled funds ¢yJmpris8 unr8slrlcted funds that the board has, al its discrètlon, set aslde for parli¢ular
purposes. These desEgnation8 havo an admlnlstralive purpose only, and do not legally reslrld Ihe board's
dlscretlon lo appty the fund.
Incom
Income Is reoognlsed by inclu8lon In Ihg Slalemenl of Financlal Actlvltle8 only when Ihg company Is legally
entitled lo the Income, performance condllion8 allached to th8 itemls) of Income hav8 beon mel. the amounts
Involved can be m&asur8d wtlh sufficlent reliabilily and it Is probabla Ihal Ihe Income will be recdv&d by the
company.
Income from charltgble actlvltlos
Income from charitabl8 act￿[lIeS inolude Income earned from the supply of 8eNices under conlraclual
arrangements and from perforfnanGe related grants which have conditk)ns that specify the provl3ion of
partlcul8r sejvlces to be provlded by the company, Income from gDvemmenl and other co-funders 16
I'eaognlsed when the (yjmpany IB legally entitlèd to Ihe Income because it is fulfilllng the cond111ons Gonteined
In the relalpd funding agreemenls. VWh6re a grant Is received in 8dvance, Ils r6Gognltion is deferred and
Included In CTedilors. ￿ere 8ntillemenl occurs before In￿me is reGeived, it is accrued In dèblor8.
Grants from governments and other co-fund&rs lyplcally Include ong of the following typBS of Condltlons:
Performance based conditiDns-. whereby the company Is cuntraclually enlilled lo funding only lo Ihg extenl
Ihal thé core objeGtlves of the grant agreement are achleved. Where the company is meeling the core
13

Falls Community Council Limited
IA company Ilmltèd by guarantoe, not havlnu a sharè oapltall
contlnued
NOTES TO THE FINANCIAL STATEMENTS
for tho flnan¢lal year ended 31 March 2024
objectlves of a grenl agr6em6nt,11 recognlses the rel818d expendllure. to th6 exlenl Ihal il 18 reimbursable by
th& donor, as income.
-Tlmg based con(llllon8.' whereby Ihe company Is contractually enlllled lo fundlng on the condillon thal11 Is
ullllsod in a parlicular period, In these cases the company recogn18es the Income to Ihe exlenl il 18 iltllised
wlthln th8 perlod speclfled In tho agreemenl.
In the ab88nc& of su¢h condltlDn8, a&8umlng Ihal receipt Is probable and the amount can be rgliably
mea8ur8d, grant Income 18 recognised once the company Is notlfiBd of enllllament,
Grants recelved towards c8pllal expenditure are credlled lo the Slalement of Flnanclal Actlvlties when
re￿IVed or reeelvablg. whlchgver Is eart1er.
Expendlture
Exp6ndilure Is an8lysed between ¢os15 of charllable activities and raislng funds. The costs of each 8cllvlly are
sgparalely accumulatgd and di8010$8d, and analysed according to thgir major vomponenls. Expenditure Is
recognlsed when a legal or constructNe obligation exlsls as a r88uII of a p881 event, a tran8fer of economlc
ben8fils Is requlred In 8elllprnenl and the amount of the obligation can be rellably measured. Support C08ls
ar8 those fun¢tlons Ihal asslst the work of th8 (x)mpany bul cannot be atlrfbuled to one acllvily. Such costs
arè allocatèd lo aciivitles In proportion lo staff time S￿nt or other suitable moasur8 foi. each acllvily.
Tanglble fixed assets and depreciation
Tangibi8 flx8d assats arg staled 91 cosl or at valuatlon, less accumulated deprectallon, The charge lo
depro(#allon 18 calculateci to wrlt8 off Ihe original c08t or valuatlon of tangib18 fixod a88els,16ss Ihelr estimated
residual valu8, Over thelr expected useful lives as follows..
Land and building8 freehold
FL¥lures, fittings and ￿U1pm9n*
2% Straighl line
20% R8ducing Bal&nco
Dgbtors
Debtors are recogni8ed 8t Ihe 8ellleinent amount due afler any discount offered. Prepayments are valued at
the amount prepald net of any Irad8 discounts due. Income recognised by ihe company from government
gencles and other co-funders, not yet rec&lved al financl81 ygar end, Is Included In debtors,
Cash at bank and In hand
Cash al bank and in hand comprtses cash on deposit at banks requiring 188$ than three months iiottce of
Withd￿waI.
Taxotlon and deferrod taxatl¢n
No curronl or deferred laxallon arlses as the Gompany has been granled charitable exempllon. ltrecoverable
valued added tax is expensed as Incurrod,
Dèferr￿ 19x is recogni88d In r8spéct of ail tlmlng differences Ihat have orlglnated bul not revgrs8d al lh8
balance sheet date where transadlons or events have <￿(￿rred al that dale Ihal will re8uIt in an obllgallon lo
pay more lax in the fulure, or a rlght to pay less lax in tho fLJlur8. riming Llifference8 are temporary dlffer8nc8S
between the company'8 18xable Income and Ils rosults as 8taled in th6 Ilnanclal statements.
DOfe￿ed lax 1$ measured on an undlscounted basis al (he lax rates that aro antklpated to apply in the perlod8
in whlch the tlming diff8renco8 are exp6¢ted to rever8e, b88ed on 18x rates and law8 Ihal have b8en enacted
or substantlvely enacted by tho balance sheel dalé.
LIABILITY UMITATION AGREEMENT
The limllallon of Iha flrm'8 Ilablllly for Ih18 6ngagement, whlch Is capped at flve tlm&s the amounl of
profe&8ional fees actually paid. Is referenced in the letter of engauemenl daled 19th August 2025. This was
approved on 19th August 2025.
PROVISIONS AVAILABLE FOR AUDITS OF SMALL ENTITIES
Ir) common with many other company of our slz6 and naturq we use our 8uditors lo asslsl wllh the
preparation of Ihe financial slalemenl8.
14

Falls Community Council Limited
IA company Ilmllpd by guarantag, not havlng a sharè capllall
continLied
NOTES TO THE FINANCIAL STATEMENTS
for the financial ygar 8ndad 31 March 2024
CRITICAL ACCOUNTING JUDGEMENT AND ESTIMATES
la} Crltl¢al ludgetllonts In applylng the company's accountlng poll¢ies'.
Th8rg are no crtlcal Judgernenls in applylng ihe charitabl8 currpanies accounting poliGle8.
{b) Kgy a¢countlng e$tlmates and as8umptlon5
There 8re no key accounllng estimales and &88umptions in applylng th6 charitable compgny's accountlng
policles.
INCOME
DONATIONS AND LEGACIES
Unrestrfctsd Restrlcted
Fuiids
Funds
2024
2023
Donatlon8 and legacies
66,312
66,312
7,300,OC
CHARITABLE ACTIVITIES
Unrestrlctsd R8slrlcted
Fund5
Funds
2024
2023
Grants from govèrnment9 and other co.funder8:
Income from charllable aalivilies
212,973
632,368
845,341
995,236
EXPENDITURE
CHARITABLE ACTIVITIES
Dlrect
C08ts
Other
C08ts
Support
Costs
2024
2023
Expenditure on Gharilable aclivltes
148,791
843,720
992,511
1,098.840
SUPPORT COSTS
Charltsble
Actlvitles
2024
2023
Legal & Profes$lonal Fees
Audll Fee8
Wages
Interest and Bank Chargès
Runninu C08ts
Depre¢iallon
13,025
5,000
531.126
41,776
89,614
163,180
13,025
5,000
531,126
41,776
89,614
163,180
29,784
608,551
14,411
114,777
122,085
843,720
843,720
889,608
ANALYSIS OF SUPPORT COSTS
2024
2023
Legal & Professlonal Fe8S
Audit Fees
Wages
Interest and Bank Chargss
Running Costs
Depreoiatlon
13,025
5,000
531,128
41,775
89,614
163,180
29.784
808,551
14,411
114,777
122,085
843,720
889,608
15

iillnued
Falls Community Councll Limited
IA company Ilmlted hy gugr4ntge, iiol havlng a shaw capltall
NOTES TO THE FINANCIAL STATEMENTS
for the financl81 year ended 31 March 2024
NET IMCOME
2024
Net Incomelg ststed aftgr charglngllcredltlngl:
Depreclallon of tangible a88els
163,180
122,085
10.
INTEREST PAYABLE AND SIMILAR CHARGES
2024
2023
On bank loans and overdrafts
15,300
12,797
EMPLOYEES AND REMUNERATION
Number ofemployo9s
Th8 av8ragÈ numbér of persons gmployÈd (Includlng execulive Irustges) durlng Ihe financial year was as
follows..
2024
NumE)èr
2023
Number
Total Number of 8mployee8
18
18
The staff costs comprfse".
2024
2(r23
Wages and salaries
Social $8curily v)8t8
Pension c08ts
468,231
36,206
27,689
584,859
23,692
531,126
608,551
PRIOR FINANCIAL YEAR ADJUSTMENT
Prlor Year Restatement
Granls In relallon to the 8t Comg81'8 property hav& been recognised a8 endowment funds In the prior y&gr, as
a re8uIt of Ihls Incomè has Incr888@d by £7.3m, this was in line with proper I￿•tment undor ¢harity SORP.
Deprectalion of £121,Q85 has been charg8d in line with FRS102.
Th9re was a PAYE adlu8lmenl of £59,489 and Pension had a150 been adjusted by £13.950 wilh thls
reslalement. This is in Ilne with the accruals accounting requlremenl per charlty SORP.
The Slal&menl of Flnancial ActivStFes and balance sheet have been reslaled wllh a positive effect on profil of
£7,178,371 as a resull cf Ihe rfr¢l8$slficallon whllsl reseryes h8d a decrease of £121,886.
16

continued
Falls Community Council Limited
IA ¢ompatty Ilmttod by guarantee, i)ol havliig a sliaro capltall
NOTES TO THE FINANCIAL STATEMENTS
for the financlal year ended 31 March 2024
13.
TANGIBLE FIXED ASSETS
Land and
P￿tUreS,
bulldlng8 flltlngs and
freehold equlpment
Total
G08t
At 1 Aprll 2023
Addlllon8
7,600,000
78,123
15,904
7.878,123
15,904
Al 31 MarGh 2024
7,600,QOO
94,027
7,694,027
Dapreclatlon
Al 1 Aprll 2023
Gharge for th& flnandal year
121,6$5
152,000
38,124
11,180
159,789
163,180
Al 31 March 2024
273,665
49,304
322,969
Net book value
Al 31 March 2(Y24
7,326,335
44.723
7,371,058
At 31 March 2023
7.478,335
30,999
7,518,334
14.
DEBTORS
2024
2023
Trade debtors
Other debtor8
160,939
95,772
167,264
103,866
256,711
271.110
15.
CREDITORS
Amounts falllng due withln one year
2024
2023
Bank overdrafts
User d8flnable l¢an des¢.
Taxallon and sodal securlly co818
Qlher credltors
Accruals and déf6rrgd income
10.034
27,867
48,090
6,67q
18,000
44,386
94,916
108,662
139,302
16.
CREDITORS
Amount5 falling due aftor mor9 than one year
Bank loan
User deflnable loan deso
2024
2023
155,071
45,323
185,7es
66,381
200,394
242,146
RBpayable In one year or less, Dr on dernand (Note 15)
Repayable belweon one and Iwo y08r8
Repayable betsveen two and five years
R8payablo In fiv8 years or more
37,901
27,867
83,602
B8,925
44,386
27.867
83,602
12Ci.677
238,295
286,532
17

Falls Communlty Council Limited
IA company Ilmltod by guarantee, not havliig a sharo capllall
contlnued
NOTES TO THE FINANCIAL STATEMENTS
for Ihe flnanclal year ended 31 March 2024
17.
RESERVES
2024
2023
At Ihe bgglnnlng of the year
{Deficil)ISurplus for the financlal year
7,413,115
216,719
180,8581 7,198,396
Al the énd of th& year
7,332,257
7,413,115
18.
FUNDS
18.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unrestrlcted Restricted Endowment
Funds
Funds
Fund8
Total
Funds
Al l Aprll 2022
Movement during the financial year
144,219
18,081
72,500
216,719
7,196,3g8
7,178,335
At 31 March 2023
Movernent during the financlal year
Al 31 March 2024
162,280
141,3131
72,500 7,178,335
112.455
(152,000)
7,413,115
{80,858}
120,967
184.95
7,028,335
7,332,257
18.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
l Aprll
2023
Income Expenditure
Transfers
between
nds
Balance
31 March
2024
As r88tated
Endowment fund6
Belfast City Councll
Northern Ireland Executive
3,527,001
3,851,334
76.000
76,0
3,451,001
3,575,334
7,178,335
152,000
7,026,335
Reslrlcted fundB
Belfa81 City COU￿11
Departmenl for Communlt16S
Community Relation8 Councll
Dept of ForekJn Affair8
Reconcillolion Fund
Rank Foundallon
HLF
Ulster Wldlrfe
Department of Ju811c8
WBCSF
PHA
Dormanl Account8
NIHE
DOFA Civlc Soclgly
89,930
241,891
32,585
33,727
85,282
277,098
32,585
32,727
4,648
37,295
72,500
1,0
29,615
32,115
25,260
67,586
8,000
17,854
9.000
16.530
9,950
2,500
25,260
102,020
8.000
18,101
g,ODO
100,000
9,950
23,861
34,434
247
83,470
23,861
72,500
698,68D
613,986
27,780
184,955
Unre8trlcted funds
Unreslrlcled General
162,280
212,973
226,526
(27,7601
120,067
Total funds
7,413,115
911,653
992,611
7.332,257
18

conllnu&d
Falls Community Council Limlted
IA company Ilmlted by guarantso, not havlng 4 shara capltoll
NOTES TO THE FINANCIAL STATEMENTS
for the ffnanclal year ended 31 March 2024
IB.3 ANALYSIS OF NET ASSETS BY FUND
Flxed
a88ets
charlty use
Current
assets
Current Long-tsrm
Ilablllt198
Ilabllltle8
Total
Endowment capil41
Pemianenl
7.326,335
7,328,335
Restrld6d Irusl fund8
170,323
iii,0001
159,323
Unresliicted general funds
44,723
g4,782
{92,6121 1200,3941
1153,40rf)
7,371,038
265,105
1103,612) 1200,3941
7,332,257
19.
STATUS
The company Is a company limlted by guaranlee not havlng a share ￿pItal.
The Ilabillty of the members Is Ilrnltod,
Every member of the company undertakes lo conlriL)trte b the a$sel8 ¢Jf the company in Ihe event of118 b8lng
wound up while Ih8y are rnembers, or wllhln one financial year Ihergafter, for payment of the d8bls and
Ilabllltlgs cf the company contracted before they ¢eaBed to be members, and the cosls, charge5 and exp8nses
of wlndlng up, and for Ihe adjustment of the rights of tho contrlbutor8 among Ihemsehjes, such amunt as may
b8 r8qulred, not oxceedlng £ 1.
20,
POST-BALANCE SHE￿ EVENTS
There have be8n no 8ignificant 8V6nls affedlng th8 Charfty Sin￿ the financlal year4nd.
19