Charity Number.v NIIOI891
Noighbourhood Management Team Limlted
(A company limited by guarantse)
or the year ended 31 Marth 2025

IA conyny Ilmlted by guarantee)
Contents
Legal and Adminis£f4tive toformation
Directors,Report
tndependent Auditors. Rq)o£t
Statement of Fmancial Activities
10
Ba[all￿ Sheet
Statemeni of Cathfiows
No*s to the arcounts
13-20

(A eompany Ifmited by guarantee)
tormgtton
Catherine Pollock
Anne-MarAe Gallagher
Sean M¢Monasle
TenYn¢e Crossan
Terry Lamberton
Anthony Brown
James Mc Evor
John Lynch
Eddie Brcslin
R&yrnond Brown
Karen Cunningham
Louise Ann Kilkie
Oonagh Quigg
Resigned 2?J08124
Resigned 2210WA
Resigned l IAJ9125
Appoinred ?1108r24
Appointed 22108124
Appointed 22108124
Appointed 30109124
Appoinied 30109124
Secretyry
A[￿e-marie Gallagher
Registered ofiee
The Gasyatd Centre
128 Lecky Road
Detry
BT48 6NP
Company numbe
N1030819
Charity nurnber.
XR22731
NIC101854
Auditors
McGroatry Mccaffety & Company
Aceountants & Registered Auditors
2 Carlisle Terrace
BT48 6JX
Bankers
AIB (ND
eadowbank House
Delry
BT48 7TN
Sollators
MacDernioru M¢Gurk & Partners
Solicitors
l2 Clarendon Street
De
BT48 7ET
Page I

(A company limited by guarantee)
Directors Report
Thc direccors pr¢s¢nr their r¢port and the financial srarements for the ye￿eDded 31 March 2025.
Prin¢ipal activity
The principal activiry of the mmpany in the year under review As to enhance the potential for social economic
educatioA and well bcing creating a active community and environmenL
Dlrectors and their interests
The directors of the Charity for the purposes of ¢harity law and throuJout this tepon are colleaively refered
co as the directors.
The directors serving during the year and since the year end were a5 follows:
Catherine Pollock
Anne-marie Gallagher
Terren￿ Crossan
Resigned 2218124
Resigtted ?J8r24
Sean Mcmonagle
Anthony Brown
James MG Ivor
John Lynch
Eddie Breslin
Raymond Brown
Karen Cunningbam
Oonagh Qui
Louise Ann Kilkie
Resi.aned 11109r25
AppOin￿d ? J? 08D4
Appointed ?2108n4
Appointed ??108124
Appoinied 30109124
Appoiftted )01091?4
Neigbbouthood ManagementTeam Limited is a company [itni￿d by guJnm*e.ooverned by its Memor4ndum
and Anicles of A&wciation. It is a regis*red ch￿ity with the HM Revenue & Customs.
Appointment ofDireetors
At the Annual GerteraI Meeting one third of direcCor5 ￿Ign in rotation and being eligible offer th¢mselves
for redection.
Risk Management
The di￿t0¢S have a risk man4oemen( sfdte.ry which consists of establishing a Sys￿￿ of identifying risks and
Eniti8ating such risk5.
Achievements, Perfomance & Publlc Benefit
Neighbourhood Management T&￿1 Limited en￿eS in a resident led response based upon parlnership and
collabornrion. to Mckie the environmental aod social problems experAen¢¢d a¢ross the Triax Neighbourho(Ml
Renewal Are& in order to establish and susraiTh cleaner, safer and more atlractive neighbourhoods.
Thc orwdnisation is workiog exclusively for the local community, developing b¢spoke Emd creative
programmes and activities for those suffering multiple levels of deprivallon fo reverse decline and crvaie
sustainable communities. Our missioft is to do whatever it takes (o increase (he capacity of residents in thc
Tri&x area in order to enhance thetr social, economic and educaiional wellbeing includinc developing the
built environment.
Page 2

eighl)ourhood Managenxnt Team Limited
The organisotion will ensure Trsidents have the inforn)atiOJL oppOr￿lty, tesource5 and confidence to a¢tively
participate in posiuvely trJnsforniing their own communiti&% through Increased volunteering and engagemenL
aod support for itnproved community and sL*utory partrerships #nd services.
The financial Ferformance IS sun)m￿d in the endosed accounts.
Hans for Future Perio(ts
Historically the main focus of work has been with member groups bul over the comillg ytrars there will be a
focus on putting locat residents at the hellrt of ￿tt￿e projects.
It will ensure residents have the Énformation. opportunity. resourc&s and confidence co actively pEwticipate in
Positively transfornLillg their own con]munities tl)rough increased volunteerintr and enoatremen( and support
for improved communiry and statutory partn￿5￿1p5 and 5ervice5.
It will elldvavour 10 create a number of FOrun￿ around corntnunity devices enxuring collaborntive
interventions acros5 the Neighbouthood Ren¢wal th¢mes tackling inequalities and disadvantage5 and buildius
sociul enterpriw as additional resources and opportunities ftiremployment and training.
Dlrectors Responsibilities tn Relation To The FiDancial Statements
The dtrectors are resp)nsible for prepating the Aonual Report and the financial statements in accordance with
applicable law and United Kin8dom Accounting Standards (United Kingdom Genernlly Accepted
Accounting Prnctice). Company law r¢quitcs thc director5 to prepltre fjnllnciai statsments frir each ffftaocial
year. Under company law the direcrors musr noi approve the financial .staternents Unless they are satisfied that
they give a true and fair view of the stnte of affairs of the Ch￿l12ble company and of the incoming resources
and application of resources, including the income and expenditur< of the charitable eompuny for that petiod.
PLeparing these financial statements, thedir¢c¢otB are required to:
- select suicable accounting policies and apply them consis*ntly:
- obserye (he method5 and principle5 in the Charities SORP ?019 (FRS 102):
- make judgernents tLnd estimates are reasonable and prudent;
stare whether applicable UK and Accounting Siandards have been followed- Subject to any material
depar(ures disclosed and explained in the financita siatements.
- Ihe hnancial statements on the ooino concern basis unless it is inappropriate to presume that rhe
chariry will continue in business.
The Board i5 respotLsible for maintaining proper aecounting rccords that arc sufficient to show and explain
the charitys transactions and disclose with r&￿nable accuracy ut ally titnc the f￿anCIaL position of ttLe
charitable company and to enable them to ensure that the fillancial statements comply with Companies Act
7006. The Board is also responsible for safeguardtng the Lssets ofr the charitable company and hence for
taking reasonable steps for the pr¢vcntion and (ktection of fraud and other I￿eoularlttes.
Page 3

Nelghbt)urhood Management Te￿n Llmlted
Continued.-.
tn accordance with company law. &% the CoMpan￿S directors, we certify that:
So far &s we are awa￿, there is no rel¢van¢ audit inforniation of which the company's auditors are unaware:
and as the directors of the company we have taken all steps we ought co have raken in order co make ourselves
awatE of any relevani audit infotmation and to estsbJi5b that the charitys auditors awa￿ of that
infonnation.
Audltor's
McGroarty MGCaffcrty & Company are deemed Co be reappointed in 1￿cordanCe with Section 4&T (2) of the
Companies Act 2006.
This ryort is prepared in 4ccordance with the special provr5ion5 of part t5 of the ComE)anies Act ?006
relaiing to s￿￿11 compani&s.
The financr
it's behalf
taternents are approved and auth0ri5ed for isslle by the Board of Directors on and Slgned on
Director
ctor
L￿TfrI
Page 4

NelghboDrho(Kl Mallagement Team Limited
(A ￿lited by guarnntee)
Independent audttor's report to the director5 of Neighbour1MM￿ Management Team Limited
Opillion
We hav¢ audited the financial 5(atements of Neighbourho￿t managell￿nt Team Limired for Ih¢ y¢ar ended 31
March 2025 which comprise the Statement of Financial Activities. Balan￿ SheeL Cashflow Statement and dle
related notC5. The financial reporting framryork that has been applied Tn rheir preparation is applicable law
and United Kintrdom Accountins Standard5 (UniteA Kingdom G¢nerally Accepted Accounting Practice)
includAng FRS 102 "The Fi￿anCial Reporting Standard applicable in the UK tmd Republic of Ireland".
This reporc is made sokly ro the charitable company's dir￿tors as a body. in accordallce with Chapter 3 of Part
16 of the Companies Acc 2006. Our audit work bas been undertaken so that wc might state to the Ch￿1¢1ble
compan￿5 ditectors those matters we are required lo sta* to them in an auditofs report and for no other
purpose. To the fullest extent pemiittrd by law. we do not accept or assume responsibility (o anyone other than
the charitable ¢otnpany and the cbariuible CoMpan￿S directo￿ ￿ a body, for our audit worL for this worL or
for the opinion5 we have fornied.
In our opinion the financial stitcrnents:
- jve a we and fair Yiew of the state of the chatitable companys affai￿ as at 31 March 2025. and of its
incornin(r resources and expenditure of resouKes, (ncluding its incoEne and expendiwre, for the year then
- have been properly ptrparcd in aeeordance with Untted Kingdom Generally Acc¢p¢¢d Accountino Practice:
- have bceD prepared in accordance with the reqllirements of the Companies Aci ?006.
Basis for opinion
We conducted our audit IA accordan￿ with International Srandards on Auditing (UK) USAS (UK)) and
applicable law. Our ￿SponsIbl11tieS under those standards are further described in the Auditofs responsibilities
for th¢ audit of the financial slatements S￿tion of our reEkn. We are independent of the charirable company in
accordance with the ethical requirements that are Rlevant to our audit of the financial staTrmenis in the UK.
includAng the FRC'S Ethical Standard. aDd we h&ve fiJAfllled our other ethical responsibilities in accordance
with these requirenLents. We believe that the audit evidence we have obrained is sufficient and appmpriaE to
prnvide a bL8iS for our opinion.
Contlusions rejatfng to golng concern
tn auditino the financial statements. we bave concluded thar the dircctors. use of the going concern b&sis of
accountinLv in the preparation of the financial statements is appropriate.
Based on the work we have perforrned. we have not identified ally ma(erial uncertainties rellltincr to events or
conditions thaL individually or collectively. may cast 5ignifirant doubt on the charitable compan￿5 abAEiry ¢0
continue as a going Collcern for a peLiod of ot least twelv¢ months from when thc financial 2itaternents 4W¢
authorised for issue.
Our re5ponsibiliu¢s and the responsibilities of thc directots with respect (o going concern are described in the
relevant sections of this reporL
Page 5

Nelghbourlu￿d Management Team Lirnited
(A company linthed by guamtee)
Other IDformthtion
The directors are responsible for the other infonnation. The other infonnauon comprises the inforniation
included in the dirxtors. annual reporL other thon the finaocial siaternents and our auditoEs re￿rt thereon.
Our opinion on the financial statements does not cover other Inforn￿tiOn an(L except to the extent otherwise
explicitly stated in our ffpoo w¢ do not express any form of assurdnce conclusion thereon.
tn connection with ow audit of the finall￿ slatell￿n￿ our responsibility is 10 read the othcr infornlation and.
in doing so. consider whether the other inforn]ation is Mat￿laIlY inconsistent with thc fllwicial statements or
our knowlcdue obtained in the audir or otherwise 4)peats to be mar￿7a11Y mi55tate(L If we identify such
material inconsisrenctes or apparent matetial misstaiemcnts. we are required to deterniine whether there 15 a
material 1ni55tate￿Cnt in the ffnancial statemeuts or a material misstatement of the othcr infomiation. If. bas¢d
on the work we have performed. we conclude thai (here is a material misstatetnent of this other inforn]ation. we
are required to ￿port that fact.
We have nothing to report ITr this ￿LIard.
Ophjion on other matters prÉsenlJed by the Companies 2006
tn our opinion based on the work undert&ken in the course of the audi
- the infornmtion given in the Dir¢ctors' Annual Report lor lh¢ financial ycar for which the fin4n¢iaJ statements
are prepared is consistent with the financial statements: and
- the Direaors Annual Report has been prepaffd in accordance with applicable le47ol requirements.
Matters on whlth we arE requittd to report by arylion
In the light of our knowledge and understanding of the ¢haritabk Collbpany and its environment obrained in the
ursc of the ￿diL we have not Tdenufied material misstatements in Directors Allnu￿ RepoTL
We have nothing to report in rcspcct of the following motr¢rs whcre the Companies Act 2006 requires us to
report to you if. in our opinion:
- adequate 2ccountino records have not been kept; or
- tILe financial Staternen￿ are not in agreernent with the aceouniing records and return5." or
- certain disclosuRs of direcror8' remunerncion specified by law are not made; or
- we hive not ￿e1Ved all the infonnation and expkniations we tequire for our audit; or
- the directors werB not entitle(L lo prepare the fllKmcial statements in accotdance with tbe mall companies
rewie and take ￿Vantage of the ssnall Companies exernption frouL the requirem¢ni to prepare a sIrate￿¢
repotL
RespoDsibiIiti￿ of the directors
As explained more fully in the Directors. Responsibiliti&s Staiem¢nL the directOf5 (who are also the directors
ol the charirable company for the purposes of company law) are Tcsponsible for the preparnrion of the financial
statements and fi)r being sati5fi¢d that they give a true and fair view. and for Such internal control as the
directors deterniine is necessary to enable the preparation of flluwial starements that are free from material
missiatement, whether due to fraud or error.
In prepariog the finallcial st&fgm¢nts. the directors JTr ￿sponsIble for assessing tILe charttable wmpany's abiEity
to continue as a .(yoing concern. disclosino as applicable. matters Telaied ts ¥oing concern and using the going
concern basis OF accounting unless the directors either intend lo liquid￿& the charitable company or to cea5¢
operntions. or havc no reaEistic ￿ternatiVe but ro do so.
Page 6

Neighbourbood Managallent Tewn Limited
(A compaDy ]Imfted by guarantee)
Auditor's rWn&￿uitieS for the audit of the fjnandal th£ements
<)Jr objectives are to obtain rvdsonable 4wurJnce about wlLether th¢ financiaI statrnents as a whole are [￿e
from matctiai misstaternent, whether due to fraud or error. and to issue an ouditor's report thot includes our
opinion. Reasonable ns5urnnce is a Ellgh l¢vd of assurall￿. but is aol a guarantce that audit conduct&J in
accordance with ISAS (UK) will always detect a tllaterial misstalen]eni when Èt exists. Mi5Statcments Can aTtse
from frnud or error and are considered nJateria] if. individually or En the agsrega*. they couÈd reasonably be
expected to influence the economic decisions of users taken on the b￿1$ of th¢se financiaL sMtemeT)ts.
Explanation as to what ￿ellt the audit consldered eapgble of detecting irregulariti&% indudlng
I￿¢Sull[lUeS, includin(F fraud, instan¢&s of nonacompliance with laws and regulauons. Wc design
pnjcedures in line with our responsibilities. ouriined abov& to detect material missratements in Irspect of
irre4yu1arlti￿ includins frnud. However. the primary ￿sPOnsIbl11ty for the prevention and detection of fraud
lie5 with management and th¢ bo9￿ of directors of the charitable company.
Idenlifying and assessing potential risks related to irregUl￿7t[eS
In identifying and assessing risks of n]arerial misstaternent in wecc of irreglllaritie5, includinir fraud and
non-compliance with law5 and regulations, we considered the following:
- th¢ nature of the industry, sc¢tot and the specific control environment which IL operates in.
- dL¢ cbJ£ities own assessmenl ol the tisks that irregularities nMy occur. either ￿ a rcsult of fraud or errnr.
. repreSen￿lOnS and results from our enquiries with rnaTragernent and the board of direcrors regardins their
own identificaLion and a55eS5ment of the ris￿. of irregu]arities."
- enquiries ot management reiafing to accounting estimates measurements, recognition criteria and justification
of su¢h an￿ll￿ts.
- any matters we have identtfied having obtained and reviewed the Charities policies and procedure5 rclating
• identifying and asse55intr if laws w)d regula(ion5 ar¢ ￿mPlIant and whether they arc aware of any instan¢es
of non-cornpliance:
* detection and respon5¢ to the risk of fraud and whether they ￿ aware otr my actuaL suspecceA or alleged
fraud instances:
* the inrernal ¢ontrols desi.ulled to mitigaEe risks or fraud or non4ompliance with laws and regulations, and to
minimise risk of tnanagemeni overrides of such controls.
- all ma(*rs discussed amijng the a￿di1 engag¢m¢nt Leam regarding how and where fraud could occur and the
poteniial tndicators of fraud.
A5 a result of these procedures, we considered the opportunities and incentives that may extst within the charity
ror frau(L The audit included assessing the PLDcedures and evaluating the measurcmcnt of e51imations. tn
common with all audits under ISAS (UK). we are a150 required to perforni specifAC PD)cedures ￿ Kspond to the
risk of uwiagement override.
We atso obtained an under5(anding of the legal and regulatory frnmeworks applicable to the d)arity and
Considered that the most Sfignificant are the Companies Act 2006. SQRP 2019 (FRS 102) and Charxties Act
(Northern Ir¢land)2008.
Audit responsts to risks ideDtiffed
Our pro¢¢dures to ￿SpOnd to risks idenrified included the followin4y:
Page 7

Neighbourhood MaD&gement Team Limited
{A eompany lkn)Ited by guarantee)
- reviewing the financial stafrment disclosures, testing the relevant d￿￿nentatiOry to assess compliance with
the significant laws and regulations - those described having a direct effect on the financial statemen￿.
- enquiring with rnanagcmcnt and obtaining third party confirniation from the Charitics Solicitors regarding any
actual or porenttal litigation and clairtjs:
- perfoLlllillO analytical procedures to identify any unusual or unexpected ￿lationShIpS may indicate risk5
of rnateti￿ ￿15statement due to frdud.
- readinff minufr8 of board alld maDagerneAt meetings examlne fOre&￿ting material in line with acth
fornLwe. ideotifyillg 8lly Potenuai fiJud indicators or instances:
- reviewtng Companies House and Chuity Commission Northern Treland co￿SpondenCe. idenrify any la
submissions or omissions of rnand￿ory inforniacion;
- ￿VIeW co￿espOndence with HMRC. identifying non cornpliance of specific infornuuon to be disc]osed:
- in addressing the risk of frdud through manaoement override of conrrols. testing the apprDpEia*ness of data
entries and adjustments". a$￿Sillg whether the judgements made tn making accounting estimates are indicative
of a tx)tential bi&%". and evaluating the rnuonal¢ of any sionificant t[all&￿tionS that are unusual or outside the
llorn￿ course of the Ch2riues objeciives.
We also cornrnunicated reLevant identified law5 and re.￿tatiOnS and potenti￿ frdud risks to all engagement
team members and remoined alert ￿ any indicaiions of fraud or noncompliance with law5 and regulalions
(twoughout the audiL
As parl of an audit in accordance with ISA5 ￿sK). we exercise professional judgment and maintain
professional scepricism d￿oughoUt the audit. We also:
- Identify and assess the ri5k5 of materiol misstatemenr of the financial statements, whether due to fraud or
ern)r. design and perforn] audit procedures rcsponsive co those risks. and obtain uudit evidence thai is sllfficient
and appropria* co provide a bLqis for our opinion. The risk of not detecting a material tniSstatell￿Tht resultia-
from fraud is bigher than for one resulung from error. os fraud may iovolve collusion, forgcry, intentional
omissions. misrcptcscntations. or the ove￿ide of intemat control.
- Obtain an understandiog of internal control Rlevant to the audit in order to audit procedures that are
appropriate in the C2rcu￿￿nCg5. but not for the purpose of expr￿1￿￿ opinion on the effectiveness of the
charitable company's iniernal control.
- Evaluate Ihe appropriateness of accountin￿ policies used and the reLsonablelle55 of accounting ebtiUM*5 and
related disc105ufBS made by the directors.
- Conclude on the appropriateDe5s of the directots, of the going concern basis of accounting an￿ bascd on
the audit evidence obiaine¢ whether a materilll uncertllinty exists related to events or conditions that may cast
significant doubt on the charitable company's llbilily lo continue ls a ooing concern. If we conclude that a
aferial un¢2nainty exists. we are required to drnw attention in our audiLor's report to the related disclosu￿S in
the finonciat stalem¢nts or, if such dlsdosur￿ are inadequat4 to n￿dify our opinion. Our conclubions are
based on the audit evidencc obtained up lo the date of the auditorfs reporL However. fuWTe events or
coDditions may cause the charitable company to cease to continue as a going wncern.
-Evaluaie the overall presentation. structure and content of the financial statements. iarluding the disclosu￿.
and whether the Finartcial sthtements repres¢ni th¢ und¢rly(Dg tranSa￿lOnS and events in a manner that achieYe5
fair presenmion.
Page 8

(A company lTrlted by guarantee)
We comm￿lCate wtth those chty with .4￿Vernll￿e Trgording. am(mz ¢)ther matters. the planned scope
tsming of the audit and signifitrant audtt findin85. includiny any siLvnificant defictencies in internal Control that
we Id￿tify dutlng our audiL
Patrlck McGroarty
Senior Statutory Aryditor
For and on bebalf or
McGroarty Mccatferty &c Company
2 Carlide Terrace
BT48 6JX
Page 9

Yleigknbourhood Management Team Lmnited
(A aimp4ny limited by guarnmtee)
Statement of FtDaDdal Actfvities
for the yrar ended 31 March 21125
Funds
Fuvds
2025
2Q24
Grants & Sundry tncome
88.978
547.987
636.965
573.044
88.978
i47.9S7
636.965
573.044
R&¥ources Expended
91.966
555.442
647.408
595,398
91.966
555.442
647.408
595.398
Net kncomingl (Outgolng) Resources
(1988)
(7.455)
(10,443)
(21354)
Batance5 brought forward l April 2024
122.586
21448
145,034
167J88
I l9,598
14.993
134,591
145.034
Transfe
Balances carried forward 31 March 2025 11
I 19,598
14.993
134591
145.034
The abo￿ amounts ￿late to continuing opernrions of the company.
The company h&s no recognised oains and losses other than those included in the t&suIts thove and therefore
no separate slaternent of total rwiscd gains and losses has been presented. There is no diffcreoce between
the net incoming rcsources for the Ye￿ stated above and Ihetr historical COSE ¢quivatents.
Page 10

(A company limited by guarnitee)
as at 31 Mareh 2025
2&25
Not¢5
Tangibl¢ assets
60.279
70.999
Debtors
C￿h at bllnkalld in hand
109.486
46,991
76.150
75,431
156,477
151.581
Current IlabAIItI&s
Bank loans and overdrafts
Othercredito
633
74.196
7.336
1,6E5
65.826
10,105
f2.165
77,546
Lyet current &wets
74.3 [2
74,035
Total Lssets less current
llabllfllEs
134,591
145,034
Reserves
Unrestricted
Restricted
119.598
14,993
121586
21448
134,591
145.034
The fllwiciai s(atcments are prepared in accordartce with the special provisiolls ot Part 15 of the Compatties
Act 2(N)6 and the Charities SORP 2019 {FRS 1021
The Financial S
emenLg were approved and authorised for ISS￿ by the B rd on and signed
ts behalf by
Director
Director
Date:
RwstrationN Lo: N1030819
Page 11

(A company liwited by gurnteÈ)
Statement of Cash flows
as at 31 March 2025
2024
Net incoming l (outooing) resouwes for the year
Depreciation and Impair￿￿£
(Increaseydecre&%e ia debtots
{D¢￿¢￿Y increase in creditots
(10,443)
10.722
(33.336}
4,619
(22.354)
10,7?2
(4563)
(11.977)
Net cash infiow from operating activits-&s
(?8,438)
(28,172)
tncr&gse in eash in the year
(28,438)
(28.172)
Reconciliation of ttet osb flow to movement in net ruDds
Increase in eash in the y￿r
Net funds at l Apnl 2024
Net f¢mds at 31 March 202S
(28,440)
75.431
(28,17?)
103.603
13
46.991
75,431
Page 12

Nelghbourhood ma￿SeMellt Team Lin￿ed
(A CQmPAny limlted by guarantee)
Notes to tILe aceoiints
for the year ended 31 M￿Ch 21)25
Genernl Inforniation
The charxty is a priva* limited company by guarantt Wstered in Northcrn bEland and a registered
chaTity in Northern trelan(L The addr￿ of the registe￿￿ office is The Gasyard Centr< 128 Lecky
Ro* Derry. BT48 6NP.
Accounting convention
The principat accounting policies adopted ia the prq)arntion of rhe financial statements are set out
below and have ￿rna1ned unchanged from the previous year, and also h&ve been consistently applied
The Cl￿Tity constituies a public benefit enlity as defined by FRS102. The financial statemenrs have
been prcpJred in accordance with Accouniing and Reportintr by Chariu&s: Statement of Recomme
Practice appticable lo charities pre￿1￿0 tbeir accounts in accordance with the Financial Rqxxting
Standard applicable in tbe UK and Republic of treland chwits￿ SORP 2019 (FRS102). Charities Act
(Northem treland) ?008. and th¢ Cornpani￿ Act 2006.
The fiDanciai statements are prepared on a ooing concern basis under the historical cost convention,
M￿lIfle￿ ro included certain lten￿ ar fair value. The ffnan¢ial sratemenrs are presented in sterEing
which Ts the ￿n￿lOnal currency of the charity.
ia. Income
AII iDcomiDS resources included in the SOFA WI￿1 the charity is legally entitled to the income
tmd the amount can be qualified with reasonable accuracy. The following sp¢¢ifi¢ policies are
applied to particular cateqyories of income:
Voluntary income is received by way of grants. dollations and .tiifts is in¢lud¢d in full ill the
starernent of fu￿1￿1a1 activitic5 when receivable. Gr4ats wh¢r¢ entitlement is not conditional on the
delivery of a specific p¢rfornian¢e by the chariry. are recognised when the chariry become5
unconditionatly entided ￿ the grJnL
Donated services and tacilities are included at the value to the Ch￿[ty where this con be qllantifi￿.
The value of servi￿$ provided by volunleers has not been include(L
Gifts douated for resale are included as incoming re50Utces within activities for (renerntints funds
when they aw sol(L
1.3. R&Wur￿l expended
All expendiLure is accouDtcd for on an aCcnkn￿s b&8is &8 a liability is incurred and has been cLassified
under headings that a￿e￿e all costs relatd to thc carc.Trory.
Charitable expenditure comprises thos¢ costs incurred by the chariry in che delivery of its activities and
services for its beneficiaries. It includes both cosis thac be allocated directIy to such activitie5 and
those costs of an indiffct nature nec&8Sary tQ 5UPPOrt them.
Page 13

(A conypaDy limited by guar8n¢ee)
Notes to the accounts
for the year ended 31 Marcb 2025
l.& Fund a¢¢ouDthg
Un￿S￿ICted funds are availabk for use at the discr&￿n of the rrnstees in further￿ of tbe general
objectives of the charity and whith have not been de￿gAth forother purposes.
R&stricEd fuods ate funds which are to be used in accordance with specific restrictions tmposed by
donors or whtch have been raised by the chatity for particular pulljoses. The cost of rnisillg and
admtDiStering fund5 are charged auainst tbe specific fund.
Tan￿1¥[e fixed assets and deprecfatEon
Tallgible fixed &ssets are stated at cost lesq depreciation.
Depreciation i5 pmvided at rate5 calculated to write off the cos£ or valuallou less ta4idual value of ejch
Lsset over its expected useful lift. as follows:
Land and buildings
offi￿ Equipmen(
Equipment
Motor vejllcles
?% Siraighi Line
15% strai.trht Line
15% Strniuhc Line
20% Strnight Line
1.6. Cash at bank and kn hand
Cash and cash equivgjents include cash at bank and in ￿l￿d.
1.7. Debtors & creditors
Debtors and cteditors wtth no stat¢d interest rnte and re￿1Vable or payable within one ycar are
recorded at transaction price. Anylosses artsing from impairnient are recosnised in expendiiure.
IS. Pension eosts
Contributions to auto ¢nrolment pension scherne5 arc recosnised as an expense in the period in which
thc rclatcd service is provided.
IJ. Going eoncern
The financi￿ srntemenus hive been preputed on & tsoing concern basis as the d[rcC¢o￿ believe that no
material unceTrntnties exist. The directo[5 have considered the level of ￿ndS held and the expectd level
of and expenditure for 12 from auth￿l51￿g th&* finllnci￿ stafemenrs. The budgeted
inwnie and expenditure is sufficienc with the level of Trserves for the thatity to be able to contÈnue as a
Page 14

Neighbourhood MaDogement Te4m Lijnited
(A company by guaranter)
Notes to the accoqmts
ror the ¥eAr ended 31 March 21125
Income
Restrxcted Income
IF14)ur Peace Our Future
Health Forum Sociul Supermarket
Depffin￿nt oFJusti
Foyle Food Bank
CIPP-Bet(erTogether Project
ESF-Electrical Safety
Big Lottery Awards for All
Big Lottery-Do[￿allt accouni
De￿ & SErabane District Council
CFNI-Meet & Ear Projecr
Triax Con5cnsual
DFC-Job Start
tFt-Peace Barriers
Deportment for Communities
DFC Tus Maith Project
PEIA Clear Project
11808
5.695
2,755
1,868
81.929
93.447-
5.QlJ]
1.406
16.050
32.438
8.594
?6.121
21449
5,000
36.108
$7.086
164.940
95.389
5.732
101.442
144.213
86,96L
3.917
547.987
498.909
Unrestricted Income
Donations & proiecc incomc
88.978
74.135
88.978
74.135
Total Income
636.965
573.044
(D
Restricted Fund5
Funds teceived which are earmarked by the Funder for spccifLC pur￿￿8. Such purposes are within the
overall aims of the organisation.
Unrestricted Funds
Funds which are expendable at the discTrtion of the company in furtherance of the atms of the ch￿￿ty.
tn addilioll funds. may be held io order to finance ￿pital inve5ttnent and workino ￿p1￿.
Page 15

Nelgbl￿rh1m)d MaDagemeDt TeAm Limited
(A company Ilmlted by guarantee)
Not£5 to the accounts
for the year ended 31 March 2025
Resour￿$ Expended
Total
21n5
Total
DFC Project expeD
CIPP-BetterTogethff project
ESF- El￿trI￿ SafetyexperL8LS
CFNI Meer & Eat pmject
IFI Peace Walls Pmject
IFI-OurPeace OurFuture
DepartsD￿t of Justi￿ project
Depreciation s)n vwi
164.940
82.422
164,940
82.422
144.721
92,266
s.ooi
101.441
87,092
11808
87.092
11808
2.755
7J68
5.732
16,050
1.406
7.368
35,798
?6,121
8.145
1.868
217L6
7,368
35.798
26.121
8.145
1.868
DFC-Job Start
Big Lottcry-Domiant Project
Big IAkitery-AwJ)rds for All
Social Supernwket
DCSDC expenscs
Suodry Account expenses
Tus Maith project
Triax Consensual
PHA CIearproject
Health Forun Social Supernwket
32,476
89.884
86,833
91.966
91.966
95,389
95.389
3.9l7
5.775
5,775
91.966
555.442
647.408
595.398
Iyet Incoming Resources
2025
2024
Net incoming resources has becn arrived at after ¢harw".
Audif remuneratio
Dqjreciotion
4,380
io,rn
4.380
Page 16

Neighbourhood I￿ement Team Lfmited
(A eompany Ihnlted by
No¢es to the accwnts
for the year ended 31 March 2025
Employee5
2025
2024
and Salaries
Pension costs
468,879
17,976
391068
13.999
486.855
40A067
No employees received emoluments of more thall £60m) (2024: None).
The directors, ncitherreceived nor waived any emolumenrs durins the year (2024: None).
Number of omployees
2025
Number
Number
The avernge monthly numbers of eD¥loiTes duiiog thc year. Cal¢uEaC￿ on
the b&sis of time quivaients. was a5 follows:
16
16
Audltor's remunerntion
The audiiorfs remunerntion amounts ro an audit ftc of £4.380 {2024 -£438Q).
TaxAdon
As a clwity, Bogside & Brantyvell tniiiative Ltd is exempt from tax on income and ￿]ll$ falling
withiTh section i05 of the Taxes Act 1988 or s256 of the T&Kauon of Char%￿ble Cr&ins Act 1992 to
the exieni thai these are applied to its chargeable objects. Accordingly. no t&x charges hav¢ arisen
in the chatity.
Page 17

(A company limited by guarantre)
Not&g to the acwmmts
for the year ended 31 March 2025
Tgn*le assets
Land and
bthlings
oirice
rreehold EquipmeDt Equipment
Motor
vehicles
Tolal
A¢ l April ?024
57.000
88.395
53,589
206.984
At 31 MarclL 2025
57.000
8.000
88.395
53,589
206,984
Deprecilltion
l Awil ?024
Charge for the year
At 31 E¥farch 21n5
17,100
1.140
8.000
85.888
24.995
8.898
135,983
10.722
18.?JO
8.(JJO
86,572
33.893
146.705
Net book values
At 31 Maxh 2025
38.760
1,823
19.696
60.279
At 31 March 2024
39,900
2,i06
28,593
70.999
Debtors
2024
Sundry (kbiors
Other debtors
108,152
1.334
69,073
7.077
109.486
76.ISO
Creditors: amounts falling due
ithin one year
2025
9024
Taxes and social 5CCUTtry ucdiior
Bank lollns and overdr4fts
Other creditors
DefcrTEd itrcome (Note 10)
Accrna15
8.129
633
8,066
1.615
66,067
7.3i6
57.760
10.105
82.165
77.546
Page 18

Neltsbourhood Management Tearn Limited
(A compAlly limiled by gugrantee)
Not&9 to the acemts
ror the year ended 31 Marth 202S
10. Deferred Incon
2024
Balance at l April 2024
Additions duIing the year
57.760
59.866
{539,680) (501.015)
547.987
4989)9
Balance at 31 March 2025
66,067
57.7&)
Income has been deferred a5 income was received befoTe the end of the financiat year 31 Marth 2025
and relatrs io posi yearend expellditure.
ii.
Movements in Funds
At
l Aprll Incoming Outgoing
31 Marth
2025
Restrleted funds:
Totat restricted fullds
22.448 547.987 (555,442)
l4,993
Unrestricted funds:
Total unrestricted fimds
l22i86
88.978
(9L.966)
119i98
Total ￿ndS
Ikk5,034 636.965 (647.408>
L34.591
Purpos￿ ot R&strieted Funds
Restricted awarded to the chllrity is pmvided to cover the core objects.
Analysis of net assets betsveeft funds
Unrestricted Restricted
funds
runds
Total
Fund balanceg at 31 March 2025 as tepresented by:
Tan￿le fix￿1 asseES
CutTent assets
CuTT¢nt liabiliiies
45,198
15,081
75900
80577
{1.500) (80.665)
60.279
156.477
(8116)7
l L9,598
l4.993
li&j91
13. Cash and CLsh Equlvalents
2025
2024
Cash llt bank and in imnd
46.991
75,431
P4ge 19

Ndghbourhood Management Team Limited
(A company limited by guarantee)
Not&s to theaccounts
ror the year ended 31 March 2025
l& Rdated Party TraTh4etions
There was no related porty transactions in the yeor under review.
15. Limited by Cuarantre
The company is ]imi*d by guaran*e does not h&ve & Sha￿ ¢JPitoL
I& ControlMDg interest
Controlting interest rests with the Board of Direct¢xs..
17. PostBalance SILeet eveDts
No sigDifKYni even(s bave taken place sintt the year end that would t￿ll11 in adjusmwits to 2025
ffnallcial infornmtion Ori￿lUSfOn of a notethereto.