AIDS Care Education and Training (Northern Ireland) Llmited IA company limlted by guarantee, not having a share capitsll STATEMENT OF FINANCIAL ACTIVITIES Ilncorporating an Incom8 and Exp8ndltur8 Accountl for the financial year ended 31 March 2026 Unrestrrcted Restrictèd Funds Funds 2026 2026 Total Unrestricted Reslri¢led Funds Funds Funds 2026 2025 2025 Totsl Funds 2025 Notes Income Donations and legacies Charitable activities Other trading activities Investments Other income 1.246 296.002 228 2.495 1.575 1,248 315,877 228 2,495 1,575 1.528 277,378 228 1,800 1.064 1,528 336,112 228 1,800 1,064 19,87S 58,734 Totsl income 301.546 19,875 321,421 281,998 58.734 340,732 Expenditure Charitable activities 248.545 57,683 306,228 270,604 10,926 281,530 Net Incomellexpendlturel 53.1)01 (37,8081 15,193 11,394 47,808 59,202 Transfers between funds Net movement in funds for the financial year 53,001 37,8081 15,193 11,394 47.808 59.202 Re¢on¢lllation of funds,. Total fund5 beginning of the year 16 185,700 47.808 233,508 174,306 174,306 Total funds at the end of the year 238,701 10.000 248,701 185,700 47.808 233,508 The Statem6nt of Financial Actiwties includes all gains and h)sses recognised in the finana&l year. I Income 8nd expend1tLj relate to continuing activities. The nolas on pages 18 to 25 fonn part of the financAal slatetnenls 16
AIDS Care Education and Training (Northern Ireland) Limited IA company litnited by guaraThts8, not havlng a sharè capilall Company Number.. N1028825 BALANCE SHEET as at 31 March 2026 2026 2025 Notes Flxed Assets Tanglble assets 13 2,807 1.249 Current Assets Debtor5 Cash at bank and in hand 14 2,279 249,954 4,254 234,776 252.233 239,030 Cr8dltors: Amounts falllng due within one year 15 16,3391 16.7711 Net Current Assets 245.894 232.259 Totsl Assets less Current LiabilÈties 248.701 233.508 Funds Restricted funds G8ner81 fund lunrestrictedl 10,000 238,701 47.808 185,700 Totsl funds 16 248,701 233,508 Thes8 financial statements have been prepared in accordance with the speaal provisions r8latlng to Small companies ithin Part 15 of the Companies Act 2006. The financi81 statements have been prepared in accordance with the provisions applicable to companies subject to the small companies. regime and in accordance wth FRS 102"The FinancAal Reporting Standard applicable in the UK and Republic of Ireland" applying Section 1A of that Standard. Approved by the Board of Trustees and authorlsed for1$5ue on 29 June 2026 and slgned on Its behalf by G Crothe Trustee The notes on pages 18 to 25 form part of the finBnaal statements 17
AIDS Care Education and Training (Northern Ireland) Limited IA company limlted by guarantee, not having a share capitall NOTES TO THE FINANCIAL STATEMENTS for the finana81 year ended 31 March 2026 GENERAL INFORMATION AIDS Care Education and Tr&ining {Northem Ireland) Limited is a company limited by guarantee incorporated in Northem Ireland. The gIstered offlce of the charity is 58a High Street. Holywood, BT18 9AE. Northem Ireland which is also the principal pla of business of the charity. The firbancial statements have been presented in Pound (£1 which is also the functional currency of the charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policSe5 have been applied consistentty in dealing with items which are considered material in relation to the charity's financial sfatemenls. Basis of preparatlon The financial statements hav8 b88n prepared Under the historical cost convention. modified to Include certain items at fair value. The financial statemenls have been prepared in accordance with the Statement of Recommended Practicè ISORPI 'Accounling and Reporting by Charities preparing th8ir 8ccounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of th81 Standard. As perrnitted by the Companiè5 Act 2006, the charity has varied the standard fom)ats In that act for the Statement of Financial Activitie5 and th8 8318nce Sheel. Departures from the standard formats are to ¢omply with the requirements of the Charities SORP and are in compliance with sect 4.7. 10.6 and 15.2 of that SORP. Statement of compllanco These financial statements have been prepared in compliance with FRS 102, The Financial Reporting Standard applicable in the UK and the RepublSc of Ireland., the Statement of Recommended Practice applicable lo charities preparing theiraccounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 Icharits'es SORP IFRS 10211 and the Charities Act INorthem Irelar¥Jl 2008. AIDS Care Education and Training INarthem Irelandl Lirnited meets the definition of a public benefrt entity under FRS 102. Fund aceountlng The following are the categories of funds maintain6d: Restrlct•d funds Restricted funds represent incorne received which can On be used for partiCLJlar purposes, as speufied by the donors. Such purposes are within the overall objectlves of the ch8rlty. Unrestrlcted funds Unrestricted funds con515t of General and Des¢gnated funds. General funds represent amounts which are expendable at the dls¢r&lion of the b08rd, in furtherance of the objectives of the charity. Designated funds comprise unrestricted funds that the board hag. at Its di8¢refjon. 8el aside for particular purposes. These designations have an administrallve purpose only, and do not legJly restrict the board s discretion to apply the lund. Incom Income is recognised by inclusion in the Statement of Financial Activities only when the charity is Jegally entitled to the income. p8rforrnance conditions attached to the itemlsl of incomè have be8n mel, the 8rnounts involved can be measured with sufficient reliability and it is probable that th8 income will be r8ceived by the charity. Income from charitabte activities Income from eharftab5e acts'vities include income earned from the supply of services under contractual arrangements and frorn performance related grants which have ¢on(Jilions Ihalspecify the provision of particular services to be provided by the charity. Income from governmenl and other co-funders is recognised when the charity is legally entitled to the income because il is fulfilling the CondOn8 contained in the related funding agreements. Where a grant is received in advan, its rècognition is deferrad and included in creditors. Where entitlemant occurs before income is reIved. it is accrued in debtor3. Grants from governments and other co-funders typically indude one of the lo1ng types ol conditions.. 18
continued AIDS Care Education and Training (Northern Ireland) Limited IA company Ilrnlted by guarantee. not having a sh3re capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2026 Performance based conditions.. whereby the charity is eontractually entitled to funding only to the extent that ihe core objectives of the grant agreement are achieved. Where the charSty Is meetlng the Core objèciives of a grant agreemenl, it recognises the related expenditurt, to the extent th8t it is reimbursable by the donor, as incomè. .Time based conditions.. WhebY the charity is eontr8Ctually entitled to funding on the condition that il is ulilised in a particular period. In these ¢8ses th$ charfty recognises th8 incometo the extent it is utlised within the period specified in the agreement. In the absence of such conditions, assuming that receipt is probabl8 and the amount can b8 r8liabty rneasured, grant Income is recognised once the charity is notffied of entftlernent. Grants reNed towards capital expenditure are credited to the Statern8nt of Fin8nci81 Adivities when recewed or receivable, whichever is earfier. Expenditure Expenditure is analysed between costs of charftsble 8ctiMlies and raising funds. The costs of each activity are S8paratety accumulated and disclosed, and analysed according to their major components. Expenditure is rèeognised when a legal or constructive obligation exists as 8 result of a past event, a transfer of economic bènefits is required in settlement and the amount of the obligation can be reliab mgasured. Support costs are those functs'ons that assist the wtsrk ol the charity but cannot be attributed to one activity. Such cosis are albc8ted to activities in proportion to staff time spent or other 8Ult8bl8 measu18 for each activity. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period whlch the related service is provid8d. Prepaid contributions are recognised as an asset to the extent that the ppaYMent will lead to a redLJclion in future payments or a cash refund. When Contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees r8nd8r the related service, the liability is measured on a discounted present valuè basis. The unwinding of th& discount is recognised as an expense in the peiiod in which it arNses. Limlted by guarantee Each of the members of the company has gu8ranleed to contribute to the assets of the company in the event of the sarne being would up to th8 &xt&nt ol £1. Impaimient of fixed assets A review fol Indkators of imp8irment IS Carried out at each reporting dale, with the recoverable amount being estimated where such indicators exist. Where the carying value exceeds the recoverable amount, the asset is impaired accordingly. Prior Impairments 8r8 8lso reviewed for possible reversal at each reporting date. For the purposes of impalrment testing, when it is not possible to estimate the recoverable amount of an individual asset. an estlmate is made of the recoverable amount of the cash*enerating unit to which the asset belongs. The cash-generating unit is the srnallest identifiable group of assets that includes the asset and generates cash inflows th8t18rgely Independent of the ¢8sh inflows fr other 8ssets or groups ol assets. For impairment testing of goodwill, the goodwill acquired in 8 business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefillrom the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned lo those Ltnits. Resources Èxpended Expenditure is recognised on an accruals bashs as 8 liability [5 incurred. Exp8ndilure includes any VAT which cAnrK)t be fully recovered, and is clas5ifiÈd under headings of th8 stslemenl of financial acb'vilies to which it relates.. expenditure on raising funds includes the cos15 of all fundraising actwities, events. non-ch&itable IradirrtJ actwities, and the sale ol donated gix)ds. expenditure on ch8rf18ble acfjvilie8 includes all costs incurred by a charity in undertaking activities thatfurther its charitable aims for the benefil of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable aclivilies. 19
CA)ntinued AIDS Care Education and Training (Northern Ireland) Limited IA company1Smited by guaranlee. not having a share capltal NOTES TO THE FINANCIAL STATEMENTS for the finanaal yeai ended 31 March 2026 other expenditure indudes all expenditure that is nelther related to raislng ftjnds forthe charfty nor part of its èxpènditure on tharitable activities. All costs are allocated lo expenditure categOrS relleeting the use of the source. Direct Costs attdbutsble to single activity are allocated directly lo that activity. Shad costs are apptsrtioned between the activitie5 they contribute to on a reasonable, justifiable and consistent basls. Tangible fixed asset5 and depreciation Tangible fixed assets are stated at cost or at valuation. less mlated d8preciation. Th8 charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets. less treir estimated residual value, over twr expected useful lives as follow5". Equipment Fixtures and Fittings 200h Stralght Ilne 20Qh Straight line Debtors Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid netofany trade discounts due. InrA)rn& r8cognised by th8 charity from govemment agencies and other co-funders, but not yet recelved at flnanclal y88r end, is Includèd in dèbtors. C8sh at bank and In hand Cash at bank and in hand comprises cash trn déposit Èt banks r8quiring bss th8n thr8é months notice of withdrawal. Taxation and deferred taxatlon No current or deferred taxation arises as the charity has been granted charitable exemption. Irrecoverabl8 valued added lax is expensed as incurred. Deferred tsx is reccgnised in respect of all timing differences that have originated but not reversed at the balance Sheet date where transactions or events have occurred at that date that will rewll in an obligation lo pay morè tax in the fvture. or a right to pay less tsx in the future. Timing differences are temporary drfferences beeen thè ch8rity's tsxable income and ils results as staled in the financial statements. Deferred t8x is measured on an undiscounted basis at the tax rates that are anticipated lo apply in the periods in which the lirning differenc85 are expected lo rev8rse, based on lax rates and laws that have been enacied or substantlvely en8cted by the balance sheet date. PèThslon5 The eharty operate5 8 defined ¢onlribtrtion pension scheme for employees. The assets ofthe scheme are held separately from those of the charity. Annual conlributions payable to tre charity's pensK)n scheme are charged to the income and expenditure accoLJnt in the period to which they relate Flnanelal Instruments A financlal 8sset or a financial liability is recognised 0Y when the charity becomes a party to the contractual provisions of the Instrument. Basic financtal instruments arts initialty recognised at the arnount recewable or payable including any related transaction costs. Current aSS8ts and current liabilit18s are subs8qu8ntly measured al the cash orolherconsideration expected to be paid or recelved and not discounted. Debt instruments are subsequently measured at 8mortised cosl. Where investments in shar85 are publicly traded or their fair value can otherwise be measured reliably, the inveslment is subsequently measured al fair value wth changes in fair value recognised in income and expenditurè. Al othèr such inv8stments are subsequently measured at cost sS impairment. Other financyal instruments, including derwalives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate. in which ea88 the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrum8nt. 20
continued AIDS Care Education and Training (Northern Ireland) Limited IA company Ilmited by guarantee. not having a share capitall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2026 0th8r financial instruments are subsequently measured at fair value, with any changès recognised in the statement of financial actwities, with the exceptlon of hedging Instruments in a designated hedging relationship. Financial assets that are measured at cost or8mortlsed cost 8r6 reviewèd for obJèctlv6 8vldèneè of Impalrnent al the end of each reporting date. If there is objectiv& evid8nce of impairment, an imp8irment10s5 is reo)gnised under the appropriate heading in the statement of financAal activities in which the initial gain was rec4)gnised. For all equity instruments regardless of signifirance. and other finanaal 8ssets that are individually significant, these are assessed individually lor impairment. Othèr financial assets are either ass8SS8d individually or grouped on the basi5 of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to th8 8Xt8rit that the reversal does Hot result in a carrying amount ol the financial asset that exceeds what the caTrylng amount woukj have been h8d the impairment not prevjously beèn recognlsed. GOING CONCERN There are no material uncèrtaintiès about thè charity's ability to continue PROVISIONS AVAILABLE FOR AUDITS OF SMALL ENTrriES In common wlh many other charity of our size And naturo. wè usè our auditors to 8SSlSt wilh th8 pr8P8rdtion of the financial statements. INCOME DONATIONS AND LEGACIES Unrestrlcted Resfficted Funds Funds 2026 2025 Donations 1,246 1,246 1,528 CHARITABLE ACTIVITIES Unrestricted Restricted Funds Funds 2026 2025 PHA Regional RSE Contract PHA Regional OCN Training Contract Departm8nt of He8llh Comic Reliefl Community Foundabon RTE Toy Showl Community Foundation Halifax Foundation PHA Northem Are PHA Belfast Ar8a PHA Southeast Are PHA Western Are8 PHA Southern Are3 Other Training Revenue KFC Youth Found8tion Dormant A55ets for All 121,120 130,381 30,016 121,120 130,381 30,016 9,875 118,675 117,045 20,648 39,500 9,984 9.250 3.890 3,890 3,890 3.890 3.890 1.560 9,875 3,970 1,985 3,970 1,985 1,985 1,985 1,560 3,000 1.985 1.985 1.560 3.000 10,000 10,000 296,002 19.875 315.877 336.112 OTHER TRADING ACTIVITIES Unrestricted Restricted Funds Funds 2026 2025 Equipment Rental 228 228 228 21
continued AIDS Care Education and Training (Northern Ireland) Limited IA company lirnited by guarantee. not having 3 sharè ¢apitall NOTES TO THE FINANCIAL STATEMENTS for the financial year eThYed 31 March 2026 INVESTMENTS Unrestricted Restrlcted Funds Funds 2026 2025 Bank Interest 2.495 2,495 1.800 OTHER INCOME Unrestricted Re5trlcted Funds Funds 2026 2025 Sundry 1.575 1,575 1.Q64 EXPENDITURE CHARITABLE ACTIVITIES Direct Costs other Costs Support Costs 2026 2025 Heatth, Education & Training Govemancè Costs (Note 6.21 200,746 100,708 4,774 301,454 4,774 276,251 5.279 200,746 105,482 306,228 281.530 62 GOVERNANCE COSTS Dlrect Costs Other Costs Support Costs 2026 2025 Audit fees Bank chargas 4,260 514 4,260 514 4,734 545 4.774 4.774 5,279 SUPPORT COSTS Charftabl8 Governance Activitie5 Costs 2026 2025 Govemance Costs General Office Staff Costs 4.774 4.774 10.996 89,712 5.279 6.203 85.636 10,996 89,712 100,708 4,774 105,482 97,118 NEf INCOME 2026 2025 Net Income is stated aftèr chargingllcreditingl: D8pr&ciation of tangible assets Audilorfs remuneration.. audit services 845 365 4,260 4,734 INVESTMENT AND OTHER INCOME 2026 2025 Equipment Rentsl Sundry income Bank interest 228 1,575 2,495 228 1.064 1.800 4.298 3.092 22
continued AIDS Care Education and Training (Northern Ireland) Limited IA company limited by guarantèe. not having a shar6 capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year 8nded 31 March 2026 EMPLOYEES AND REMUNERATION Number of employees The average nurnber of persons employed (including executive trustees) during the financial year was as follows.. 2026 Number 2025 Number Full time ernployee The staff costs comprise.. 2026 2025 Wages and salaries Soaal security costs Pension costs 67.511 62,887 1,779 20,970 22,201 89,712 85.fj36 10. Other Employee Benefits Ilncluded In wages and salaries above) 2026 2025 Life Assurance Employee benefits (included In wages and salaries above) 997 997 11. KEY MANAGEMENT PERSONNEL Key management personnel include all persons that h8V8 authority and responsibility for plannSng, directing and controlling the activities ol the charity. The total compensation paid lo key management personnel for services provided to the chadty wa5 £98,16712024.'£94,1491. 12. EMPLOYEE BENEFITS There are no employees who received employee benefits lexcludiryJ employer pension costs) of more than £60,(X)O foT the reporting p8ri0d. 13. TANGIBLE FIXED ASSETS Equipment Fixtures and Flttlngs Total Cost At 1 April 2025 Additions 12,762 2,403 7,474 20,236 2,403 Al 31 March 2026 15,165 7,474 22,639 Depreciation Al 1 April 2025 Charge for the financial y88r 11.513 7.474 18.987 845 At 31 March 2026 12,358 7.474 19.832 Net book value At 31 March 2026 2,807 2,807 At 31 March 2025 1.249 1,249 23
continued AIDS Care Education and Training (Northern Ireland) Limited IA company limlted by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2026 14. DEBTORS 2026 2025 Prepayments and accrued income 2.279 4,254 15. CREDITORS Amounts falllng due wlthln one year 2026 2025 other creditors Accruals and deferred income 2.089 4.250 1.590 5.181 6,339 6.771 16. FUNDS 16,1 RECONCILIATION OF MOVEMENT IN FUNDS Unrèstrleted Restrlcted Fund5 Funds Total Funds At 1 April 2024 Movement during the finanaal year 174,306 11,394 174,306 59.202 47.808 At 31 March 2025 Movement during the financial year 185,700 53.001 47,808 137,8081 233,508 15.193 At 31 hAarch 2026 238.701 10,000 248,701 16.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 April 2025 Income Expendlture Transfers befvjeen funds Balance 31 March 2026 Restricted funds Comic Reliefl Comrtiunity Foundation Halilax Foundation Dom)ant Assets for All 38.558 9.875 48,433 9,250 9.250 10,000 10,000 47,808 19,875 57,683 10,000 Unrestrlcted funds General Funds 185,700 301,546 248,5d5 238,701 Total funds 233,508 321,421 306,228 248,701 16.3 ANALYSIS OF NET ASSETS BY FUND Flxed assets - charity use Current assets Current Total Restricted funds 10,000 10,000 Unrestricted general ILJnds 2.807 242,233 16,3391 238,701 2.807 252,233 16.3391 248,701 24
continued AIDS Care Education and Training (Northern Ireland) Limited IA cornpany limiterj by guarantee, not having a shar8 capital) NOTES TO THE FINANCIAL STATEMENTS for ihe financial y8ai ended 31 March 2026 17. STATUS The charlty Is a eompany limited by guarantee not havSng a share caprtal. The liability of the mernbers 13 limited. Every member of the company undertakes to contribute to the a55ets of the company in the event of its being wound up while they are m8rnbers. or within one financial year thereafter. for the payment ol the debts and liabilities of th8 cornpany contracted before they ceased to be members. and the costs. charges and expenses of winding up, and for the adjustment of the rlghts of the contrfbutor5 among themselves. such amount as may bè required, not exce8ding £ 1. 18. CONTINGENT LIABILITIES A contingent118bllty exists lo repay grants and funds recelved should certain conditions not be fulfilled by the ch8rity. In the opinion of the Trustees, the terms of thè Letters of Offer have been, or wll be. complied with and no liability is expected. 19. RELATED PARTY TRANSACTIONS During the period. arnount5 totalling £37.30812024-. £36.118lwere paid to members of key managements family for the delw8ry of ACET training sessions and expenses. These transactions were based on reLated market rates and conduct8d at 8rm's18ngth. The transactions were approved by the Board of Truslees. The charity trustee5 were not paid or received any other benefits from employment with the Charity in the year 12024'.£Nil). No charty trustèe rècèived payment for professional or olher service supplies to the Charity12024'. £Nill. The charfty trustees were rebrnbursed tr8vel expenses durtng the period totalling £206.7012024.' £54.87). 20. POST-BALANCE SHEET EVENTS There have been no significant events affecting the Charity Sin the finan(ial year*nd. 25