REGISTERED COMPANY NUMBER: N1040485 (Northern Ireland)
REGISTERED CHARITY NUMBER: NIC 101850
ort of the Trustees and
Unaudited Finaneial Statements for the Year Ended 31 March 2025
for
ast Belfast Inde
endent Advice Centre
Acom
Limited b Guarantee
Lynn Drake & Co Ltd
Chartered Accountants
I st Floor
34 B-D Main Street
Moira
Co. Arniagh
BT67 OLE

East Belfast Inde
endent Advice Centre
Contents of the Financial Statements
for the Year Ended 31 March 2025
Page
Referenee and Administrative Detsils
Report of the Trnstees
Independent Examiner's Report
9 to 10
Statement of Financial Activities
Statement of Financial Position
12 to 13
Notes to the Financial Statements
14 to 25
Detailed Statement of Financial Activities
26 to 27

East Belfas
Ind
ent Advice Centre
Reference and Administrative Details
for the Year Ended 31 March 2025
TRUSTEES
Ann Martin
Amanda Maguire
Bernadette Mcconnell
Colin Robinson
Richard Williamson
Gerard Morgan
COMPANY SECRETARY
Gerard Morgan
REGISTERED OFFICE
East Belfast Network Centre
55 Templemore Avenue
Belfast
Co. Antrim
BT5 4FP
REGISTERED COMPANY
NUMBER
N1040485 (Northern Ireland)
REGISTERED CHARITY
NUMBER
NIC 101850
INDEPENDENT EXAMINER Lynn Drake & Co Ltd
Chartered Accountants
I st Floor
34 B-D Main Street
Moira
Co. Arniagh
BT67 OLE
CHIEF EXEC OFFICER
Mr Gerard Morgan
BANKERS
Ulster Bank
Connswater Branch
Arches Retail Park
Belfast
BT5 4AF

East Belfast Inde
endent Adviee Centre
ort of th Trustee5
for the Year Ended 31 March 2025
The trustees who are also directors of the chartty for the purposes of the Companies Act 2006, present their
report with the financial statements of the charity for the year ended 31 March 2025. The trustees have
adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019).
East Belfast Independent Advice Centre targets people affected by povety and disadvantage by providing
independent and confidential advice within the community in greater East Belfast. EBIAC believes in a
community development approach to advice, providing an advice service which promotes community
participation. is community based and community led. EBIAC exists to ensure that the community in East
Belfast does not suffer from a lack of advi¢¢/infom]ation as to their ri￿)lS and responsibilities.
The aims and objectives of EBIAC are as folloivs:
(l ) Maintain and develop an effectiv¢ and high quality service.
(2) Ensure the service is accessible especially to the most vulnerable people in the area.
(3) Inform and influence policy and service developments in the context of Welfare Reforni.
(4) Sustain and develop the organisation and its resources.
Activities during the year
EBIAC is committed to promoting social justice and equality, our staff work to ensure that the community
has access to the inforniation and resources they need to navigate the complex social security systems. Our
services are free of charge, to ensure that individuals from all backgrounds can seek help and support.
EBIAC has played a crucial role in supporting vulnerable individuals and families struggling with financial
hardship. Our advisors work closely with clients, providing advice, fonn filling, Crisis support through
referrals, advocacy, representation, and practical solutions to help them overcome obstacles to making
infonned decisions. We also continued to increase the awareness of access to advice, accessing justice and
infonnation on welfarc refonn issues, benefits, debL housing issue and the social security system.
Our services and acc¢ss to OUT services are already tailored to those with significant physical access and
health issues because of the nature of our work, but we continue to reach out to groups with information and
awareness raising activities, when we have identified underrepresented cornmunities which maybe be facing
barriers to accessing services. During 24-25 we organised workshops, training sessions, and awareness
raising infom]ation s¢ssions to equip individuals with infom)ation on their entitlements. Participants
included those with mental health issues. their carers, support staff and family members. Through these
sessions we aim to build upon the knowledge and skills necessary to navigafr various systems effectively.
We have also provided inforn]ation sessions on accessing pension credit with older groups. This year the
cost of living continued to effect household incom¢ and expenditure. Those with rnental health issues and the
elderly on fixed income pensions and pension credits are still among those most vulnerable in our
ommunity in these circumstances, and are more likely to experience severe financial difficulties which
result in struggling to maintain stable wann homes, enswing they have access to healthy and nutritious food
and maintaining their health and wellbeing.
During the year advice was delivered through a number of projects including..

East Belfast Inde
endent Adviee Centre
ort of the Trustees
for the Year Ended 31 March 2025
Mental HeaIth and Wellbeing and Advocacy and Tribunal Services
The Mental Health and Wellbeing project continues to support individuals with mental health issues to
access their entitlements and send referrals to the Mental Health Advocacy and Tribunal project which
provides support with appeal applications and representation at Social Security Tribunals. The continuing
pattern of Personal Independence Payment making up the majority of the appeals continues with increasing
number of refusals and appeals.
The Project delivered Infonnation sessions with local community-bLsed organisations working in the fields
of mental health support, health and well-being services and those supporting Carers. We continue to refer
vulnerable individuals, who previously did not engage with community or other services to support their
on-going mental health needs including to counselling services, volunteering opportunities, family support
organisations and debt management advice.
Welfare Reform Support Project
The WRSP project continues to provide advice for people navigating the range of welfare reforni and
mitigation schemes. It includes advice and support with benefit application processes, assistance with
sanctions, enhancing employability and financial capability where appropriate and supporting people to
improve their digital capability.
Community Advice and Training Project
During 2024-25 delivery of our Generalist Advice Services was again supported by our Community Advice
and Training Project. Our volunteer advisers arc recruited from the local community, and we develop the
skills and capacity of our volunteers to support the local community, deliver advice services, improve their
own employability and access opportunities in the local area.
Our programme supports those currently excluded from the workplace for a variety of reasons and
encourages some of the most vulnerable locaI people to become involved in volunteering, gain qualifications
and gain employment for those seeking to do so. Our volunteers have supported individuals to improve their
financial position by conducting benefits cliecks on all clients and assisting people to maximise their income
by supporting people with making applications for social security benefits including Universal Credit,
Employment Support Allowance and Personal Independence Payrnents. By conducting budgeting reviews
with clients they have been able to support individuals to address issues of debt directly or through referrals
to local debt management servA¢es.
Feeding Britain
W¢ continue to work with Feeding Britain through their Pathways from Povety programme to work with
local food banks providing expert welfare rights advice sessions within existing food proj¢cts to help address
the widcr issues that people may be facing.
Wiser and Better Off
During the year, this project has continued to ensure that pensioners in East Belfast have reduced levels of
poverty through promotion of pension Credit and other benefit take-up, and better access to s¢rvices though
the provision of direct advice services on a face-to-face basis.

East Belfast Inde
endent Advice Centre
ort of the Trustees
for the Year Ended 31 March 2025
We have publicised the project within the local community and public sector to promote the Project. These
links have also enabled us to refer pensioners to additional support services which they were unaware of, or
unable to access independently We have publicised the project throughout the community particularly in
locations where we might be able to target older people not currently engaged in additional support services,
including GPS, Post Offices, local shops and cafes. We continue to deliver awareness raising sessions on
pensions and pension credit entitlement to organisations working with and supporting older people.
PLANS FOR 25-26
Once again for the coming year we again anticipate high demand for services from people struggling with
the cost of living. We will continue to work together with partners in the wider voluntary, community and
public sector to ensure we support clients to avoid hardship and destitution.
In the coming year, we will continue to provide crucial support to clients through, our drop-in services,
appointment-based services, phone and on-line support when requested, providing inforniation and referrals
services and specialist advice on housing, employment, benefits, debL and mental health advocacy. We will
also deliver infomiation and awareness raising sessions, to equip those working with vulnerable individuals
with knowledge of the social security system and raise awareness of the services available.
We will continue to collaborate with our existing and new partner organisations, to provide a comprehensive
support network for clients, drawing upon the expertise and resources of other organisations to address
complex issues.

East Belf2St Inde
endent Advice Centre
Re
ort of the Trustees
for the Year Ended 31 March 2025
OKJECTIVES AND ACTIVITIES
Public benefit
Purposes (a) and (b)
The direct benefits which flow from this purpose include:
l. Claiming welfare benefits for those who have a physical or mental disability.
2. Maximising the income of all clients who are in need.
3. Resolving debt related issues.
4. Reducing the levels of stress and anxiety of those in th¢ area of benefit through the provision of advice.
5. Providing quality advice to those in need due to a low income, ill health, disability or age.
6. Providing a signposting service to specialist organisations for those needing them.
7. Providing quality advice to all those in the area of benefit who are impacted negatively by legislation.
These benefits will be evidenced by..
l. Amount of yearly benefit maximisation recorded
2. Amount of debt dealt with.
3. The numbers of people from the area of benefit using our service.
4. Feedback from the people in the area of benefit.
Pujpose (c)
The direct benefits which flow forni this pU￿oSe include
l. Improved mental health and well being for those in the area of benefit.
2. Reduced levels of stress and anxiety for those in the area of benefit. Purpose through th¢ provision of
advicc that allows them to resolve practical issues that are impacting negatively on their mental health.
3. Signposting to other specialist mental health services.
These benefjts will be evidenced through
l. Numbers of clients a¢¢essing services
2. Direct referrals froln Community Voluntary and Statutory health services.
3. Amount of benefit maximisation
4. Amount of debt dealt with,
5. Client and stakeholder feedback.
Purpose (d)
The direct benefits which flow from this purpose include.
Training of Volunteers from th¢ area of benefit -Education of people from the area of benefit as to their
rights in relation to those arw of NI -legislation which directly affects them. -People from the area of
b¢nefit will not suffer through a lack of knowledge or an inability to express themselves.
These benefits will be evidenced through:
l. the number of volunteers trained each year
2. feedback from clients who use our services Thes¢ purposes do not give rise to any hann. The beneficiaries
of these purposes are those people residing in the Greater Belf&st and C&stlereagh Area.

East Belfast Inde
endent Advice Centre
ort of the Trustees
for the Year Ended 31 March 2025
A private benefit to Trustees may arise as a result of ongoing training in Good Governance, Finance, HR.
Through this training Trustees gain skills and experience which are transferable to other settings. These
benefits are incidental and necessary to ensure the benefit is provided to our beneficiaries.
A private benefit to individual volunteers may arise as a result of Iheir basic training. Volunteers gain skills
and experience which are transferable to other settings. These benefits are incidental and necessary to ensure
the benefit is provided to our beneficiaries.
The trustees has complied with the duty to have regard to the guidance issued by th¢ Charity Commission for
Northern Ireland under section 40)) of thc Charities Act.
FINANCIAL REVIEW
Financial position
The company had net outgoing resources for the year of £18,280 (2024.. net outgoing resources of £1.485),
which reflected the completion of a number of projects during the year. Unrestricted funds in¢re&8ed by
£7,744, while restricted funds decreased by £26,024.
Reserves policy
The charity's policy is to retain a level of res¢rves, which matches the needs of the organisation both at the
current time and in the foreseeable future. The charity has developed a plan to establish and maintain this
agreed level of reserves. The charity will continue to monitor compliance with this policy on a regular basls
and the Board will review the appropriateness of the policy annually.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its goveining docurnenL a deed of trust, and constitutes a limited company,
limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
During the period under review the directors met monthly. Trusteesldirectors are appointed by nominations
made in writing by any existing director. At the General Meeting nominated directors are appointed by
election.

East Belfast Inde
endent Advice Centre
ort of the Trustees
for the Year Ended 31 March 2025
STRUCTURE, GOVERNAIYCE AND IVAANAGEMENT
Risk management
The principles of good governance are embedded within all aspects of East Belfast Independent Advice
Centre's operations with management and staff being keenly aware of the Boards responsibility of ensuring
that the organisation protects itself from financial exposure and reputational damage, A close working
relationship is maintained beiween the Board and management to ensure that operalionally staff are aware of
the standards required of them by the Board and the Board are always in a position to provide guidance and
support to management in the discharge of their duties. This two way relationship is the key feature of East
Belfast Independent Advice Centre governance arrangements and is a key strength in the company.
A conscientious approach to ensuring that contractual project requirements are achieved has been maintained
at all times both in the accounting period being reported on and since East Belfast Independent Advice
Centre establishment. Very tight financial controls on expenditure and all financial commitments are
maintained at all times and project staff have been trained and have become experienced in budgetary
controls. In both these areas ie Project delivery and financial controls management all staff have established
close working relationships with funding organisations to ensure all mandatory standards are consistently
achieved. Board representatives also actively engage with funding bodies.
The Board, management and staff are fully aware that the nature of the work in which East Belf&st
Independent Advice Centre is involved can bring with it a high level of scrutiny to ensure that all activities
are fully compliant with funding requirements and, therefore, beyond r¢proach. The Board of East Belf&st
Independent Advice Centre is, therefore, greatly reassured of the company's cornpliance with the highest of
standards of governance on the basis that all monitoring and evaluation of project delivery demonstrates
achievement of all funders objectives and that funders, audits and vouching of financial expenditure and the
Independent Examiners Report confirni compliance with both probity and regularity in the use of monies
received.
EVEIYTS SINCE THE END OF THE YEAR
Infonnation relating to ¢vents since the end of the year is given in the notes to the financial statements.
TRUSTEES, RESPONSIBILrrY STATEMENT
The trustees (who are also the directors of East Belf&st Independent Advice Centre for the purposes of
company law) are responsible for preparing the Report of the Trustees and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
A¢c¢pted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting
Standard applicable in the UK and Republic of Ir¢land
Company law requires the trustees to prepare financial statements foT ¢ach financial year. Under that law, the
trustees have elected to prepare the financial statements in accordance with United Kingdom Generally
Accepted Accounting Practice (Unitcd Kingdom Accounting Standards and applicable law).
Under cornpany law the trustees must not approve the fjnancial statements unless they are satisfied that they
give a true and fair view of the state of affairs of the charitable company and of the incoming resources and
application of resourc¢s. including the income and expenditure, of the charitable company for that period. In
preparing those financial statements, the trustees are required to
sel¢ct suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charities SORP.
make judgements and estimates that are reasonable and prudent.
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
haritable company will continue in business.

East Belfast Inde
endent Advice Cen
re
ort of th Trustees
for the Year Ended 31 March 2025
TRUSTEES, RESPONSIBILITY STATEMENT - continued
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy
at any time the financial position of the charitable company and to enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of
the charitable company and hence for taking re&sonable st¢ps for the prevention and detection of fraud and
other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial infonnation
included on thc charitable company's website.
This report has been prepared in accordance with the spectal provisions of Part 15 of the Companies Act
2006 relating to small companies.
Approved by order of the board of trustees on 4 December 2025 and signed on its behalf by:
Ann Martin - Trustee

Inde
elldent Examiner,
ort to the Trustees of
East Belfast Inde
endent Advice C.entre
I report on the accounts of the company for the year ended 31 March 2025, which are set out on pages eleven
to twenty five.
Respective responsibilities of charity trustees and examiner
As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for
independent examination, it is my responsibility to..
examine the accounts under Section 65 of the Charities Act
follow the procedures laid down in the general Directions given by the Charity Commission for
Northern Ireland under Section 65(9)(b) of the Charities Act
state whether particular matters have come to my attention.
Basis of the independent examiner's report
I have examined your charity accounts as required under Section 65 of the Charities Act and my examination
was carried out in accordance with the general Directions given by the Charity Commission for Northern
Ireland under Section 65(9)(b) of the Charities Act. The examination included a review of the accounting
records kept by the charity and a comparison of the accounts presented with those records. It also includ¢d
consideration of any unusual iterns or disclosures in the accounts, and seeking ¢xplanations from you as
charity trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me Cause to believe:
That accounting records were not kept in accordance with Section 386 of the Companies Act 2006
That the accounts do not accord with those accounting records
That the accounts do not comply with the accounting requirements of Section 396 of the Companies
Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Rcpublic of Ireland
That there is further infonnation needed for a proper understanding of the accounts to be reached.
Independent examiner's statement
Sinc¢ your charity's gross income exceeded £250,000 your cxaminer must be a member of a listed body. I
can confirm that l am qualified to undertake the examination because l am a member of the Institute of
Chartered Accountants in Ireland which is one of the listed bodies.
I have completed my examination and have no concerns in respect of the matters ( l ) to (4) listed above and,
in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no
matters that require drawing to your attention.
Mr Bill
The Instit
ke FCA
of Chartered Accountants in Ireland
Lynn Drake & Co Ltd
Chartered Accountants
I st Floor
34 B-D Main Street
Moira

Inde
endent Examiner's Re ort to the Trustees of
East Belfast Inde
endent Advice Centre
Co. Arniagh
B T67 OLE
4 December 2025
io

East
Ifast Inde
elldent Advice C ntre
Statement of Financial Activities
Incor oratin
an Income and Ex
for the Year Ended 31 March 2025
enditure Account
31.3.25
Total
funds
31.3.24
Total
funds
Unrestricted
funds
Restricted
funds
Notes
INCOME AIYD ENDOWMENTS FROM
Charitable activities
Grants Recetvable
287,066
287,066
324,822
Other trading activities
8,070
8,070
Total
8,070
287,066
295,136
324,822
EXPENDITURE ON
Charitable activities
Direct Charitable Expenditure
Governance
326
309,748
310,074
323,229
3,342
3,342
3,078
Total
326
313,090
313,416
326.307
NET tNCOMEI(EXPENDITURE)
7,744
(26,024)
(18.280)
(1,485)
RECONCILIATION OF FUNDS
Total funds brought forward
118,226
39,714
157,940
159,425
TOTAL FUNDS CARRIED FORWARD
125,970
13,690
139,660
157.940
The notcs fonn part of these financial statements

East Belfast Inde
endent Advice Centre
ststement of Finaneial Position
31 March 2025
31.3.25
31.3.24
Notes
CURRENT ASSETS
Debtors
Cash at bank
1,198
141,539
23,631
137,301
142,737
160,932
CREDITORS
Amounts falling due within one year
io
(3,077)
(2,992)
NET CURRENT ASSETS
139.660
157,940
TOTAL ASSETS LESS CURRENT
LIABILITIES
139,660
157,940
NET ASSETS
139,660
157,940
FUNDS
Unrestricted funds
Restricted funds
12
125,970
13,690
118,226
39,714
TOTAL FUNDS
139,660
157,940
The Charitable company is entitled to exernption from audit under Section 477 of the Companies Act 2006
for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387
of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of th¢ charitable
company as at the end of each financial year and of its surplus or deficit for each financial y¢ar in
accordance with the requirements of Sections 394 and 395 and which othenvise comply with the
requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the
charitable cornpany.
The notes fortn part of these financial staterncnts
12
continued...

East Belfast Inde
end nt Advice Centre
Statement of Financial Position - continued
31 March 2025
These financial statements have been prepared in accordanc¢ with the provisions applicable to charitable
companies subject to the small companies regime.
The fInancial statements were approved by the Board of Trustees and authorised for issue on
4 December 2025 and were signed on its behalf by:
Ann Martin - Trustee
Colin Robinson - Trustee
The notes fonn part of these financial statements
13

t Belfast Inde
endent Advice Centre
Note
to the Financial Ststements
for the Year Ended 31 March 2025
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements
have been prepared under the historical cosl convention.
Summary of slgnificant accounting policies
(a) General information and basis of preparation
E&st B¢lfast Independent Advice Centre Limited is consti￿ted as a company limited by guarantee
incorporated in Northern Ireland (N1040485). In the event of the charity being would up, the liability
in respect of the guarantee is limited to £1 per member of the charity.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have
been prepared in accordance with Accounting and Reporting by Charities: Ststement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland issued in 2019 the
Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102),
the Charities Act (Northern Ireland) 2013, the Companies Act 2006 and UK Generally Accepted
Practice.
The financial statements are prepared on a going concern basis under the historical cost convention,
modified to include certain items at fair value. The financial statements are presented in sterling
which is the functional currency of the charity.
The significant accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless othenvise stated.
(b) Funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general
objectives of the charity and which have not been designated for other purposes.
Designated funds comprisc unrestricted funds that have been set aside by the trustees for particular
purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the charity for particular purposes. The cost of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statemcnts.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
{c) Income recognition
14
continued...

East Belfast Inde endent Advice Centre
Notes to the Financial Statements - Continued
for the Year Ended 31 March 2025
ACCOUNTING POLICIES - continued
Basis of preparing the financial statements
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity
is legally entitled to the income after any perfom]ance conditions have been meL the amount can be
measured reliably, and it is probable that the income will be received.
For donations to be recognised the charity will have been notified of the amounts and the settlement
date in writing. If there are conditions attached to the donation and this requires a level of
performance before entitlernent can be obtained then income is deferred until those conditions are
fully met or the fulfilment of those conditions is within Ihe control of the charity and it is probable
that they will be fulfilled. Voluntary income is received by way of grants, donations and gifts and is
included in full in the Statement of Financial Activities (SOFA) when receivable. Income received
from collections is recognised when received.
Donated facilities and donated professional services are recognised in income at their fair value when
their economic benefit is probable, it can be me&8ured reliably, and the charity has control over the
item. Fair value is determined on the basis of the value of the gift to the charity. For example, the
amount the charity would be willing to pay in the open market for such facilities and services. A
corresponding amount is recognised in expenditure.
No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102).
Further detail 15 given in the Trustees, Annual Report.
For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the
legacy being received. At this point income is recognised. On occasion legacies will be notified to the
charity however it is not possible to measure the amount expected to be distributed. On these
occ&sions, the legacy is treated &s a contingent asset and disclosed.
Income from trading activities includes income earned from fundraising events and trading activities
to raise funds for the charity. Income is received in exchange for supplying goods and services ftn
order to raise funds and is recogniscd when entitlement has occurred.
The charity receives government grants which are detailed within the notes to these financial
statements. Income from government and other grants are recognised at fair value when the charity
has entitlement after any performance conditions have been met, it is probable that the income will be
received, and the amount can be measured rcliably. If ¢ntitlement is not met, then these amounts are
deferred.
(d) Expenditure recognition
All expenditure is accounted for on an accruals basis inclusive of VAT which cannot be recovered
and has been cl&ssifi¢d under headings that aggregate all costs related to the category. Expenditure is
recognised where there is a legal or constructive obligation to make payments to third parties, it is
probable that the settlement will be requir¢d, and the amount of the obligation can be me&sured
reliably. It is categorised under the following headings:
Costs of raising funds includes the costs associated with attracting voluntary incomes.
Expenditure on charitable activities includes those costs incurred by the charity in the delivery of its
activities and s¢rvices for its b¢neficiari¢s. It includes both costs that can be allocated directly to such
activities and those costs of an indirect nature necessary to support them; and
Other expenditure represents those items not falling into the categories above.
15
continued...

East Belfast Inde
endent Advice Centre
Notes to the Financial Statements- continued
for the Year Ended 31 March 2025
ACCOUNTING POLICIES - continued
Basis of preparing the financial statements
I￿¢coverable VAT is charged as an expense against the activity for which expenditure arose.
Grants payable to third parties are within the charitable objectives. Where unconditional grants are
offered, this is accrued as soon &$ the r¢cipient is notified of the grant, &8 this gives rise to a
reasonable expectalion that the recipient will receive the grants. Where grants are conditional relating
to perfonnance then the grant is only accrued when any unfulfilled conditions are outside of the
control of the charity.
(e) Support costs allocation
Support costs are those that assist the work of the charity but do not directly represent charitable
activities and include office costs, governance costs, administrative payroll costs. They are incu￿ed
directly in support of expenditure on the objects of the charity and include project rnanagem¢nt
carried out at Headquarters. Where support costs cannot be directly attributed to particular headings
they have been allocated to cost of raising funds and expenditure on charitablc activities on a basis
consistent with use of the resources.
Premises overheads have been allocated on an insert detail basis and other overheads have been
allocated on a b&8is consistent with the use of resources.
Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs
of disseminating information in support of the charitable activities.
(D Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairrnent
losses. Cost includes costs directly attributable to making the asset capable of operating as intended.
Depreciation is provided on all tangible fixed assets, at rat¢s calculated to writ¢ off the cost, less
estimated residual value, of each asset on a systematic basis over its expected useful life as follows
Improvements to property - 250/0 Straight Line
Fixtures and fittings
250/0 Straight Line
(g) Financial Instruments
A financial asset OT a financial liability is recognised only when thc charity bccomcs a party to the
contractual provision of the instrument.
Basic financial instruments are initially recognised at the amounts receivable or payable including any
related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other conslderation
expected to be paid or relived and not discounted.
Debt instruments are subsequently measured at amortised cost.
16
continued...

East Belfast Inde
endent Advice Centre
N tes to the Finaneial Statements- continu
for the Year Ended 31 March 2025
ACCOUNTING POLICIES - eontinued
Basis of preparing the financial statements
Where investments in shares are publicly traded or their fair value can othenvise be measured
reliably, the investment is subsequently measured at fair value with changes in fair value recognised
in income and expenditure. All other such investments are subsequently mwured at cost less
impairnient.
Other financial instruments, including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond norn]al business terms or financed at a rate of interest that is
not a market rate, in which case the asset is measured ai the present value of the future payments
discounted at a market Tate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value with any changes recognised in
the statement of financial activities, with the exception of hedging instrurnents in a desI￿ed hedging
relationship.
Financial assets that are me&8ured at cost or amortised cost are r¢view¢d for objective evtdence of
impairn]ent at the end of each reporting date. if there is objective evidence of impainnent an
impairnient loss is recognised under the appropriate heading in the statement of financial activities in
which the initial gain is recognised.
For all equity instruments regardless of significance, and other financial &ssets that are individually
significant, these are assessed individually for impaimient. Other financial assets are ¢ither assessed
individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impaim)ent are recognised immediately. to the extent that the reversal does not result
in a carrying amount of the financial asset that exceeds what the carrying amount would have been
had the impainnent not previously been recognised.
(h) Impairn]ent
Assets not rneasured at fair value are reviewed for any indication that the asset rnay be impaired at
each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's
cash gencrating unit, is estimated and compared to the canying amount. Wh¢r¢ the carrying amount
exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is
carried at a r¢valued amount where the impainnent loss is a revaluation decre&8e.
(i) Provisions
Provisions are recognised when the charity has an obligation at the balance sh¢¢t date as a result of a
past event. it is probable that an oufflow of economic benefits will be required in settl¢Tn¢nt and the
amount can be reliably estimated.
(i) Leases
Assets acquired under finance leases are capitalised and depreciated over the shorter of the l¢&s¢ terni
and the expected useful life of the asset. Minimum lease payments are apportioned between the
finance charge and the reduction of the outstanding le&8e liability using the effective interest method.
The related obligations. net of future finance charges, are included in creditors.
17
continued...

East Belf st Inde
eDdent Advice Centre
Notes to the Financial
tstements- continued
for the Year Ended 31 March 2025
ACCOUNTING POLICIES - eontinued
Basis of preparing the financial ststements
Rentals payable and receivable under operating leases are charged to the SOFA on a straight line b&8iS
over the period of the lease.
(k) Tax
No provision is required for taxation as the company is defined as a charity for taxation PUTposes.
The charity is a registered charity and so such is entitled to certain t&x exemptions on incorne and
profits from investments and surpluses on any trading activities carried on in furtherance of the
charity's primary objectives, if these profits and surpluses are applied solely for charitable purposes.
(l) Going coneern
The financial statements have been prepared on a going concern basis as the trustees believe that no
material uncertainties exist. The trustees have considered the level of funds held and the expected
level of income and expenditure for 12 months from authorising these financial statements. The
budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to
continue as a going concern.
(m) Judgements estimates
The following judgements including those involving estimates that have been made in the process of
applying the above accounting policies that have had the most significant effect on the amounts
recognised in the fjnancial statements and that have a significant risk of causing a material adjustment
to the carrying amounts of assets and liabilities within the next financial year:
(i) depreciation method and asset useful lives
(li) principal assumptions used to measure multi-employer defined benefit pension schemes,
liabilities, sensitivities to changes in assumptions and future funding obligations
The estimates and assumptions are reviewed on an ongoing basis considering the current and future
market conditions.
Fund accounting
Th¢ Company has various types of funds for which it is responsible, and which require separate
disclosure.
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds ar¢ raised for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in the not¢s to the financial
statements.
18
continued...

East Belfast Inde
endent Advice Centre
Notes to the Financial Statements- continued
for the Year Ended 31 March 2025
ACCOUNTING POLICIES - continued
Pension eosts and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to
the charitable company's pension scheme are charged to the Statement of Financial Activities in the
p¢riod to which they relate.
Defthed contributions plans
Contributions to defined contribution plans are recognised as an expense in the period in which the
related service is provided. Prepaid contributions are recognised as an asset to the extent that the
prepayment will lead to a reduction in the future payments of 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 render the related service, the liability is measured on a discounted
present value basis. Th¢ unwinding of the discount is recognised in finance costs in profit or loss in
the period in which it arises.
Contingent liability
A contingent liability exists to repay any grants received should certain conditions not be fulfilled by
the Company.
OTHER TRADING ACTIvrrIES
31.3.25
31.3.24
Fundraising and Donations
Ascert
Advice NI Feeding Britian
110
460
7,500
8,070
INCOME FROM CHARITABLE ACTIVITIES
31.3.25
31.3.24
Activity
Grants Receivable
Grants
287,066
324.822
Grants receive￿ included in the above, are as follows:
31.3.25
31.3.24
Halifax Foundation (Nl)
Public Health Agency
The National Lottery Community Fund
Henry Smith Charity
Belf&st Health and Social Care Trust- Mental Health
Belfast City Council - Generalist Advice Funding
Belfast City Council - Advice Space
Belfast City Council - Welfare Reforn] Support Project
Advice NI - Debt Project
10,000
34,381
38,014
19,974
60.000
98,958
73,221
115,181
76,571
1,500
32.826
3,000
31,262
2,000
Carried forward
287,066
309,822
19
continued...

East Belfast Inde
en
eDt Advice Centre
Not to the Financial Statements - continued
for the Year Ended 31 March 2025
INCOME FROM CHARrrABLE ACTIVITIES- continued
31.3.25
31.3.24
Brought fonvard
Advice Nl Feeding Britian
287,066
309,822
15,000
287,066
324,822
NET INCOMEI(EXPENDITURE)
Net income/(expenditure) is stated after charginW(crediting):
31.3.25
31.3.24
Bank Fees
Independent ExaTniner Fee
162
3,180
188
2,890
TRUSTEES, REMUNEIL4TION AND BENEFrrs
There were no trustees, remuneration or other benefits for the year cnded 31 March 2025 nor for the
year ended 31 March 2024.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended
31 March 2024.
STAFF COSTS
31.3.25
31.3.24
Wages and salaries
SociaI security costs
Other pension costs
221,794
13.286
18,852
231,590
14,407
19,685
253.932
265,682
The average monthly number of employees during the year was as follows:
31.3.25
io
31.3.24
10
Management & Administration
No employees received emoluments in excess of £60,000.
20
continued...

East Belfast Inde
endent Advice Centre
Notes to the Financial Statements- continued
for the Year Ended 31 March 2025
COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcTIv￿lEs
Unrestricted
Restricted
funds
funds
Total
funds
INCOME AND EIYDOWMENTS FROM
Charitable activities
Grants Receivable
324,822
324.822
EXPENDITURE ON
Charitable activities
Direct Charilable Expenditure
Governance
323,229
323,229
3,078
3,078
Total
326.307
326,307
NET INCOMEI(EXPENDITURE)
(1,485)
(1,485)
RECONCILIATION OF FUNDS
Total funds brought forward
118,226
41.199
159,425
TOTAL FUNDS CARRIED
FORWARD
118.226
39.714
157,940
TANGIBLE FIXED ASSETS
Improvements
to
property
Fixtures
fittings
Totals
COST
At I April 2024 and 31 March 2025
4,066
34,526
38.592
DEPRECIATION
At l April 2024 and 31 MaTch 2025
4,066
34,526
38,592
NET BOOK VALUE
At 31 March 2025
At 3 l March 2024
21
ontinued...

East Belfast Inde
endent Advice Centre
Notes to the Financial Statements- continued
for the Year Ended 31 March 2025
DEBTORS: AMOUNTS FALLING DUE WITHtN ONE YEAR
31.3.25
31.3.24
Belfast City Council
Public Health Agency -
Service Pressure
Advice NI
15,631
1,198
8,000
1,198
23,631
10. CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
31.3.25
31.3.24
Accruals and deferred income
3,077
2,992
11. ANALYSIS OF NET ASSETS BETWEEN FUNDS
31.3.25
Total
funds
31.3.24
Total
funds
Unrestricted Restricted
funds
funds
Current assets
Current liabilities
125,970
16.767
(3,077)
142,737
(3,077)
160,932
(2,992)
125,970
13,690
139,660
157.940
12. MOVEMENT IN FUNDS
Net
movement
in funds
At
3113125
At 114124
Unrestricted funds
General fund
118,226
7,744
125,970
Restricted funds
The National Lottery Community Fund
Henry Smith Charity
Belfast Health and Social Care Trust-
Mental Health
Belfast City Council- Gen¢ralist
Advice Funding
Belfast City Council - Advic¢ Space
Advice Nl Feeding Britian
11,210
(28,660)
11,210
28,660
6,955
(6,955)
980
980
,500
1,500
(3,119)
3,119
39,714
(26,024)
13.690
TOTAL FUNDS
157.940
(18,280)
139.660
22
continued...

Eg t Belfast Inde
endent Advice Centre
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
12.
MOVEMENT FUNDS- continued
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
8,070
(326)
7,744
Restricted funds
Public Health Agency
The National Lottery Community Fund
Henry Smith Charity
Belf&8t Health and Social Care Trust -
Mental Health
Belfast City Council - Generalist
Advice Funding
Belfast City Council - Advice Space
Belfast City Council - Welfare Refonn
Support Project
Advice Nl - Debt Project
Advice Nl Feeding Britian
38,014
19,974
(38,014)
(8.764)
(28,660)
11,210
(28,660)
115,181
(122,136)
(6,955)
76,571
1,500
(76,571)
1,500
32,826
3,000
(32.826)
(3,000)
(3,119)
(3,119)
287,066
(313,090)
(26,024)
TOTAL FUNDS
295.136
(313,416)
(18,280)
Comparatives for movement in funds
Net
rnovement
in funds
At
3113124
At 114123
Unrestricted funds
Gen¢ral fund
118,226
118,226
Restricted funds
Henry Smith Charity
Belfast Health and Social Care Trust -
Mental Heallh
Belfast City Council - Generalist
Advice Funding
Department for Communities
Advice Nl Feeding Britian
22,133
6,527
28,660
8.661
(1,706)
6,955
980
(2,905)
(4,381)
980
2,905
7,500
3,119
41,199
(1.485)
39,714
TOTAL FUNDS
159,425
(1,485)
157.940
23
continued...

East Belfast Inde
endent Advice Centre
Notes to the Financial
tatements- continued
for the Year Ended 31 March 2025
12.
MOVEMENT IN FUIYDS- Continued
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Restricted funds
Halifax Foundation (NI)
Public Health Agency
Henry Smith Charity
Belfast Health and Social Care Trust -
Mental Health
Belfast City Council - Generalist
Advice Funding
Belfast City Council - Welfare Reforn]
Support Project
Advice Nl - Debt Project
Department for Communities
Advice NI Feeding Britian
10.000
34,381
60,000
(10,000)
(34,381)
(53,473)
6,527
98,958
(100,664)
(1,706)
73,221
(72,241)
980
31,262
2,000
(31,262)
(2,000)
(2,905)
(19,381)
(2,905)
(4,381)
15,000
324.822
(326,307)
(1,485)
TOTAL FUNDS
324,822
(326,307)
(1,485)
13. RELATED PARTY DISCLOSURES
There were nu related paty transactions for the year ended 31 March 2025.
14. POST BALANCE SHEET EVENTS
Thcre were no events after the reporting period therefore no material issues need disclosed.
15. WINDING UP
Every member of the Company undertakes to Contribute to the assets of the Company, in the event of
the same being wound up while it is a member, or within one y¢ar after it ceases to be a member, for
payment of the debts and liabilities of the Company contracted before it ceases to be a member, and of
the costs, charges and expenses of winding up. and for the adjustment of the rights of th¢ contributor's
among themselves, such amount as may be required not exceeding one pound.
24
continued...

East Belfast Inde
endent Advice Centr
es to the Finanei21
tstements- continued
for the Year Ended 31 March 2025
16. SHARE CAPITAL
The Company is Limited by Guarantee and has no Share Capital
25

East Belfast Inde
endent Advice Centre
Detailed Statement of Financ
l Activities
for the Year Ended 31 March 2025
31.3.25
31.3.24
INCOME AND ENDOWMENTS
Other trading activities
Fundraising and Donations
As¢ert
Advice Nl Feeding Britian
iio
460
7,500
8,070
Charitable activities
Grants
287,066
324.822
Total incoming resources
295,136
324,822
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Insurance
Telephone and Internet
Postage
Sundries
Publicity
Volunteers Expenses & Training
Repairs and Maintenance
Affiliation Fees &Publications
Office Consumables
Cleaning & Consumables
Rent and Room Hire
IT Support & Equipment
Staff Travel & Training
Consultancy
Health & Safety
Service level agreement
Catering and Hospitality
221,794
13,286
18,852
3,340
350
426
231,590
14,407
19,685
3,058
362
1,595
1,326
515
3,030
1,603
8,935
1,733
5,578
8,880
21,932
,359
3,520
6,930
483
1,600
386
20,640
2,081
2,428
8,680
643
1,600
674
310,074
323,229
Support costs
Governance costs
Bank Fees
Carried forward
162
162
188
188
This pagc doe5 not foTm part of the statutory financial statcments
26

East Belfast Inde
endent Advic
Centre
Detailed Statement of Financial Activities
for the Year Ended 31 March 2025
31.3.25
31.3.24
Governance costs
Brought forward
Independent Examiner Fee
162
3,180
188
2,890
3,342
3,078
Total resources expended
313,416
326,307
Iyet expenditure
(18,280)
(1,485)
This page does not form part of the statutory financial statements
27