Sallortown Regeneratlon Group
Annual Report and Unaudited Flnanclal Statements
for the flnanclal year ended 31 March 2026
DNTCA Llmlted
Chartered A¢countants and Statutory Audltor
Ormeau Hou$e
91-97 Ormeau Road
Belfast
BT7 1SH
Charlty Number: 101870

Sailortown Regeneration Group
CONTENTS
Pagè
Reference and Administrative Information
Trustees, Report
ststement of Tru$t868' Responsibilities
Independent Examiner's Report
Statement of Flnanclal Actlvltles
Balance Sheet
Notes to the Flnan¢lal Ststements
10-14
Supplementary Informatlon relating to the Financial Statements
16-18

Sallortown Regeneration Group
REFERENCE AND ADMINISTRATIVE INFORMATION
Trustees
John Gray
James McDyer
Androw Molloy
Aisling Madden
Rosemary McDyer
Martina Campbell
Charlty Number In Northern Ireland
101870
Prlnclpal Addre¥$
11-13 Garmoyla Street
Belfast
8T15 1DY
Independent Examln•r
DNTCA Limited
Ch8rter8d Accountsnts and Statutory Auditor
Ormeau House
91-97 Ormeau Road
Bèlfast
BT7 1SH

Sailortown Regeneration Group
TRUSTEES, REPORT
tor the finanGial year ended 31 Mar¢h 2025
The trustees present their TrLtsle8s' Report and the unaudited financial ststements for the financial year ended 31
March 2025.
The financial statements are prepared in accordance with the Charities Act (Northem Ireland) 2008. FRS 102 "The
Financlal Reporting Standard applicable in the UK and Republi¢ of Ireland" and Accounting and Reporting by
Charities.. Statement of Recommended Pra¢ti¢e applicable to charities preparing their finan¢ial statements in
accordan¢e with the Financial Reporting Stsndard applicable in the UK and R¢publi¢ of Ireland IFRS 102).
The Trustees, Report contains the information required to be providèd in tho Trustees, Annual Report undtr th
statement of Recommended Practice ISORPI guidelines. The trustees of th¢ charity arè also charity truste8s for th8
purpose of Gharity law and under the charity's Gonstilution are known as members of the board of trustees,
In thi$ report th8 tru$tees of Sai1ortown Regeneratton Group present a Summary of its purpose, goveman¢e, activities,
achieveménts and finances for the financial y&ar 31 March 2025.
The charty 18 8 registered charity and although not obliged to comply wlth th• Statement ol Ro¢ommonded Practsce
appli¢able in the UK and Republic of Ireland FRS 102, the organi$8lion has implemented its recommendations where
relevant in the6• finan¢ial statements.
Mlsslon, OblKtIvo5 and Stratsgy
Mlsslon statement
E$tabllsh Sailortown as 8 gateway to North Bellast with St Jos&ph'$ Church and Parochlal House at its h•art.
Objectlves
E61ablishment of a thrivin9, divorsè Sailortown Urban Village in Belfast Docks.
Strategy
To promote urban regeneration and adv8nce community development.
To further these purposes for the public benefit, SRG carries out th& following aclivities..
Improve public amtsnits'es. 18¢ilitr'es and infrastructure
Work with partners lo support Community Gohesion and the developmont of a sustsinable ¢ommunity within
Sailortown
To èstablish a community facility and cooperate with statutory and voluntary organisations to maintain and manage
such fa¢ility for activities
The main activities ol Sailortown Regeneration Group In the year wer•,,
Meanwhile use of Sl Joseph's Church
Community Development in Sailortown Area
Culture Arts Heri18ge Events and community activities
Th¢ Charity omploys a number of grants to carry out thes• a￿1vIlla8 and employs 2 staff to manage its day to day
operations.
Flnanclal Revlew
The r86uIts for the financial yoar 8re 88t out on page 8 and additsonal notos are provided showing In¢om• and
exp8nditure in greater detail.
Results and Dlvldends
At the end of the financial year the charity has assets of £418,18012024 - £444,853} and Ilabillties of £900 12024
£9001. The net assets of the ch8rity have decreased by £126,673).
Plans ft>r Future Perlods
In terms of ongeing repairs, we were Successful In obtaining capital funding to put in a new Fire exit whiGh will greally
increase our capacity for using Sl Joseph's as an iconic space. This will be led by the Council and we hope it will be
completed in 2026- 27,
An in depth bullding condition report was also carried out which indicates that substantial costs will be needed lo
restore the Church and House. Hewèver, we have observed the huge amount of multi million G8Pital developments
tgking place around Sailortown including offices, apartments, student housing and believe that the$e tsvo listed
buildings mèrit Gaving as the last piece of Sailortown heritago. To achieve this we neod a strorsg mombership base
and are seeknng voluntary expertise to assist us to Garry through our mission.
In accordance with the Constitub'on, the trustees retire by rotation and, being oligible, offer themselvos for re-election.

Sailortown Regeneratlon Group
TRUSTEES, REPORT
for the financial year ended 31 Mar¢h 2025
Compllance wlth Sector-wlde LegISla￿On and Standards
The ¢harity engages pro-actively with legislation, st8ndards and codes which are developed for the sector. Sailortown
Regeneration Group subscribes to and is eompliant with tha following..
The Charities SORP (FRS 1021
Executlve Summary
2024 25 brings us a slep closer to a full restoration of St Joseph's Church and ParochSal House 8$ a focal polnt for
the regeneration of the Sailortown grea. Thanks to the National Lottery Heritage Fund, we have ¢ommis8ioned rèports
which provide us with a viable case for preserving Lo¢al Docks Heritsge, independent business0$ and a thriving
urban villag¢.
During the year, another t￿0 new independent businesse$ were opened In Ihe Sallortown area and the Harbour
obtained planning permission lor new social and affordable housing in Pilot St. This housing is part of a much wider
plan to reinvigorale the Harbour Estate as 8 2417 e¢onomy with green spaces, new homes and oultur¢ll¢isure
activities.
A fea$ibillty study was also ¢arried out to assess th8 potentlal for a new bridge lIn￿ng Sailortown to the Titonl¢
Quarter. This could be a gamechgnger for our area linking East and North Belfast.
Sailortown R&gen8ratson has played a key rcle in inspirlng those Initiatives by showcasing thè Docks area's rS¢h
heritage and faGilit•ting a wide range of events and a¢tivib'es in Sl Joseph's and the Surrounding $p8¢0$. Wo now
noed to ensure that future developments on the Waterfront are inclusivè and welcomlng of Ioc81 ¢ommunlle8 and
take account of our rich Maritime HeritAg¢.
We wlsh to thank all our fund¢r$, partners and Stakeholders lor their support over the yoar and look forward to
maintaining these relab'onships ovor the next year.
Approved by th¢ Board of Trustofr• on
and slgned on Its behall by:
James M¢Dy•r
Trustse

Sallortown Regeneratlon Group
STATEMENT OF TRUSTEES, RESPONSIBILITIES
for the financial year ended 31 March 2025
The trustees are responsible for preparing the finanGial statemènts in a¢cordan¢8 with
The law applicable to ¢haritses in Nothern Ireland requires the trusttr&s to prepar
finan¢ial year which give a tnje and fair view of the assets, liabilities and financial
financial year ¢nd date and of the surplus or deficit of the charity and otherwise
(Northern Irelandl 2008
In preparing these finan¢ial statements, the trustees are requirod to..
select suilable accounting policies and apply them ¢onsislently',
observe the methods and princlplès in the Charities SORP,,
make judgemènts and aGGounting estimates that are reasonable and prudent,,
state whether the financial stat&ments have been prepared irs a¢cordanGe wilh a
identify those standards, and note the effect and the reasons for any material depa
prepare the financial slatements on the going con¢ern bashs unless it 1$ inapprop
wlll canfjnue In operatron.
pplicable law and regulations.
financial statem8nts for each
osib'on of the charity a$ at the
¢omply with the Charlties Act
plicable accounting standards,
ure from those slondard6,' and
ate to presume that the charity
Tho trustoos confirm that they have complied wlth the above requirements in proparin
AS explained in note 3, stele wholh8r the applicable in the UK and Republlc of Ireland
The truste¢$ are Tesponslble for keèping adequat• accounting rectsrd$ that are su
charity's transaGts'ons and disclose with reasonabl• a¢curacy at any time thtr finan
ènabltr them to ensure that the financial statemènts comply with the Charib'¢$ A¢t IN
also responsible for safeguarding th& assets of the charity and hence for tAk'ng rea
snd d¢tects'on of fraud and other irTegularlts'85,
the finanGlal statements.
RS 102 ha$ been followed;
i¢ient to 8how gnd 8xplain th¢
ial positlon of the Gharity and
rth¢rn Irel$ndl 2008. They are
onable steps for thè preventian
Approved by the Board of Tru$tso5 on
and sloned on I
behalf by:
Jame$ McDyer
Trusts•

Sailortown Regeneratlon Group
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES
OF SAILORTOWN REGENERATION GROUP
We have examined the financial statements of the charity for the financial year ended 31 March 2025, which ¢omprise
Ihe Stalement of Financial Activities. the Balance Sheet and the related notes.
This report is made solely to the ¢harity's members, as a body, in a¢¢ordance with the Charities Act (Northern Ireland)
2008. Our work has been undertaken so that we might compile th& financial statements thal we have been enGaged
to compile, report to the 8oard of Trustees that w¢ have done so, and state those matters that we have agreed to
state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or
assume responsibility to anyone other than the charity and the charity's members, as a body, for our work, or for thig
rèport.
R¢spoctlv• responslbllltles of trusté•s and ¢xamlner
The charity's trustees are responsible for the prepar8tion of the financial statements in aG¢ordance with the
requirements of the Chariles Act INorth8rn Irelandl 2008. Th• charity's trustees Consider thal an audit Is not required
for this finan¢ial year under the Charities Act (Northern Ir8landl 2008 &nd that an independent èxaminatton 1$
required.
It is our responsibility to.,
examine the financSal slatem&nts und8r seclion 85 of the Charltles Act.,
follow the procedures laid down by the g¢n8ral Direct'ons given by the Charity Commission for North•rn Ireland
under sectlon 6519}Ibl of the Charities Act., and
stato whether parbcular matters have come lo our atten￿On.
Bas1$ of Independent examlnfrr's report
We have examined your ¢harity financial statoments as roquired undor soction 65 of th• Ch8ritSes Act and our
examln8ty.on was c8rri•d out In a¢cord8nce wlth the general Dire¢tions giv8n by the Charlty Commlssion for Northern
Ireland under 6¢¢b'on 6519llbl of the Charities Act. An oxamination inGlude$ a rgvi¢w of the ac¢ounts'ng r¢¢ords kept
by the charity and a comparisLin of Ihg finanGial statements presented wllh those records. It also include$
conslderatlon of any unusual Items or dlsclosures in the financial statements and seeking explanab'On$ from th•
trustees concerning any such matters, Tha procedures undertaken do not provide 811 tho evidence that would be
required in an audlt and consequently no oplnlon 1$ given as to whether the 8¢¢ounts presont 8 'tru8 4nd falr, vi•w
and the report is limited to those mattor8 set out in the statement below.
In ¢onnectlon wlth our examinatbon, no matter ha$ come to our attenb'on whlch giv•s us cause to bollev• that In, any
material r¢$pect'.
accounting records w8r• not kept in a¢¢ordance wlth s6th.on 63 of th• Charlles Act
the financial statements do not accord with those a¢countino r¢¢ords
the financial st*ements have not been prepar•d in aG¢ordanco with the Statement of Recommended Practicè
applicable to charillès preparing their accounts in accordance with the Financl81 Reporting Standard appllc8bl8 in
the UK and Republic of Ireland IFRS1021
there 1$ further information needed foi a proper under$tanding of the accounts to be regched.
Independent examlner's ststem¢nt
We have no concerns and have come across no other matters In Connectron wlth the examlnatlon to whlch atttrntion
should be drawn in this report In order to enable a proper understanding ol Ihe financial statements to be reached.
Mr Mlke Nangle
DNTCA LIMITED
Charterod Accountants and Statutory Auditor
Ormeau House
91-97 Ormeau Rosd
Belfast
BT7 1SH
Date..

Sallortown Regeneratlon Group
STATEMENT OF FINANCIAL ACTIVITIES
for the financial year ended 31 March 2025
Unrestrl¢ted Restrlcted
Funds
Funds
2025
2025
Total Unrestricted Restricted
Fund$
Funds
Funds
2025
2024
2024
Totsl
Funds
2024
Notss
Income
Charttsble activitie$
Grants from govemments
and other co-funders
Other trading activities
Other income
150,221
160,221
156,054
156,054
3,966
3,816
3,966
4,172
11,978
2,533
11,978
2,533
358
Total Income
7,782
150,577
158,359
14,511
156,054
170,565
Expendltur•
ChaThlable activities
Other trading activities
Other expenditure
11,990
17,677
60
1155,415
167,406
17,677
so
17,943
118,846
136,789
Total Expendlture
29,617
165,415
185,032
17,943
118,848
136,789
Net Incomel{expendlturel
121,836)
(4,8381
(26,6731
13,4321
37,208
33,776
Transfers belAvo¢n funds
Net movoment In funds for
th• flnan¢lal year
121,836)
(4,838)
(26,6731
(3,432)
37,208
33,776
R¢conclllatlon of funds:
Total funds beginning of the
year
18
329,489
114,484
443,953
332,921
77,256
410,177
Total fund$ at tho end of
the year
307,864
109.826
417.280
329,489
114,484
443.953
Tho Statement of Financial Acts'vities inGludes all gains and Ios6es recogni6•d in th• financial year.
All incom• and expenditure relate to continuing aGb'vitses.
The notes on page8 10 to 14 form part of the flnanci316tal¢menl$

Sallortown Regeneratlon Group
BALANCE SHEET
as at 31 March 2025
2025
2024
Notss
Flxed Assets
Tangible assets
12
298,819
316,396
Current A$$•ts
Debtors
Cash al b8nk and in hand
13
32,600
86,781
128,457
119,361
128,457
Cfedltors: Amounts falllng due wlthln one year
14
19001
{9001
Net Current Assets
116,461
127,557
Total Assets les• Current Llabllltl•s
417.280
443,953
Funds
Rostricted trust funds
Goneral fund lunre8lrl¢tedl
109,626
307,664
114,464
329,489
Total fvnd•
16
417,280
443,953
The financial ststements have beèn prepared in aGcordance wlth the provisions applicable to Companias subj¢¢t to
the small companies, regime and in •¢cordance with FRS 102 "The Financi81 Reporting Standard applicable in the UK
and Ropubllc of Ireland" applying Sè¢tlon 1A of th81 Standard.
Approved by th• Board of TrustO05 and authorl••d for lssuo on
half by
and slgn•d on Its
James McDyer
Trustee
Th¢ ntste8 on page8 10 to 14 fom part of the financlal statem?nts

Sallortown Regeneration Group
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
GENERAL INFORMATION
Sailortown Regeneration Group is a ¢harity incorporated in Northern Ireland. The registered office of the
charity is 11-13 Garmoyle Street, Belfost, BT15 1 DY which IG also tho principal place of business of the
charity. The financi81 ststements hav8 been presented in Pound 1£) which is also the fvnction81 currency of
the charity.
SUMMARY OF 81GNIFICANT ACCOUNTING POLICIE8
The following aecounting poliGie¥ have been applied ¢onsi8tontly in dealing with items which ar8 considered
material in relation to the charity'$ financial $tst8ments.
8a$ls of preparatlon
The financial statemen1$ have been prepared In accordance with Accounlng and Reporting by Charities..
statemonl of Recommended Pr8Ctice 8ppli¢able to Charities preparing their accounts in accord•nce with the
Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021 las am8nded for
accounty'ng periods comm&n¢ing on or after l January 20161. The Charity is a Public Benefit Entity a8 defined
by FRS 102,
Sailortown Reg8ner8tion Group meots the dofinition of a publ1¢ b8nofit entity under FRS102. Ass•ts and
liabili￿8$ aro inib'ally reco9nlsod al histor1¢81 cost or value unless olhorwls• stated In the relevant 8c¢ounting
poli¢y notes.
Statement of compllance
The financial statements of the charity for the fln8n¢ial year ended 31 March 2023 h8v8 been prepared on th•
going concern basis and in aG¢ordance wlth th8 Statoment of Recommended Pr8cts'¢e ISORPI "Accounting
and Roporting by Charib'¢6 preparing their a¢eounts in a¢Gord8nce with the Financial Reportlng Standard
applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that standard.
Fund accountlng
The followlng are the categorles of fvnds m8lntained'.
Rtstrlct•d fvnds
Restricted fund$ represent Income recelv&d which ¢•n only be used for particular purposes, 88 Gp8¢lfied by
the donors. Such purpose$ ar• withln tha over811 objective8 of the chaaty.
Unrestrlcted funds
Unr•stri¢tèd funds consist of General and Designated funds.
Gen8ral funds reprèsent amounts whi¢h art expandable at the discretion of Ihe board, in furth8ran¢e of the
objectiv&s of the charity.
Designated funds ¢omprise unrestrictod funds that thè board has, at its discration, set aside for partlcular
purposes. These desi9nations have an administrative purp05• only, and do not logally restri¢l the board's
discrets'on to apply the lund.
Income
Income is recognised by inclusion in the Stat8mont of Finan¢ial Activities only when tho charity Is legally
entitled to the income. performance conditions att8ched ta the itemlsl of income have been mpt, the amounts
involved can be mea8ur•d with suffici¢nt reliability and it is probable that the income will be received by the
harity.
In¢ome from charltsble a¢tlvltles
Income from charitable activitles Include income eamed fram the supply of seNlces under contractual
arrangem&nts and from performanGe relaiod grants which have conditions that specify the provision of
parti¢ular servi¢e$ to be providèd by the charity, Income from government and other ¢o-funders Is recognised
when the charity is legally entitled to the income because it is fulfilling the ¢onditions containod In the related
funding agreemen1¥. Whero a grant 1$ receivèd in advan¢•, its r8cognits¢n 1$ dèf•rred and included in
creditors. Where enb'tlement occurs before income Is received, it is accrued in debtors.
Grants from govemments and other Go-funders typically include one of the following types of conditions..
Performance based conditions., wherèby the charity is contractually entrutsd to fvnding only to the extent that
the core objectives of the grant agreement arg achieved. Where the charity is meeting the core objectives of a
grant agreement, It recognises tho related expenditur8, to the éxtsnt that it is reimbursable by the donor, as
inGome.
io

continued
Sailortown Regeneration Group
NOTES TO THE FINANCIAL STATEMENTS
for the financial y6ar ended 31 March 2025
Time based cOndi￿onS.. whorèby the charlty is contractually entilled to funding on the condition th8t it Is
utilised in a parti¢ular period. In these ¢ases the charity recognises the income to the extent it is utslised within
the period spe¢ified in the agreement.
In th8 absence of such condilions, assuming that receipt is probable and the amount can be reliably
measur6d, grant income is recognised once the charity is notified of entr'llemenl.
Grants received towards ¢apital expenditure are credited to the Stalement of FinanGial A¢tivitles when
raceived or receivablè, whichever 1$ earlier.
Expendlture
Expenditure is analysed be￿￿en costs of charitsble activities and raising funds. The costs of eaoh activity are
separately ￿CumUlated and disclosed, and analysod according to their major ¢omponents. Expendltmre is
recognised when g legal or constructive obligation exists 8$ a result of 8 Past event, a transfer of econom1¢
benefits is required In $ettl8ment and the amount of the obligation ¢&n be reliably measured. Support costs
arè those fun￿"OnS that assist the work of the charity but cannot be attribut8d to on8 actr'vity. Such costs aro
allocated to activities in propO￿.0n to staff tsme spent or olher suitable measure for each activity.
Tanglble flxtd assets and depreclatlon
Tangible fixed assets gr& stated at ¢ost or at valuatton, less a¢¢umulaled éepreciation. The charge to
depreciation is calculated to write off the origin81 Cost or valuation of tangible fixed ￿et8, less their 6stim8tod
resldual value, over their expgGted useful lives 86 follows..
Long leasehold property
s% straight lino
D•btors
Debtors are rocognised al the setufjment amount due 8fter any dis¢ount offered. Prepayments gr¢ valued at
the 8mounl prepaid net of any trade discoun1$ du•, Income r&¢ognisod by the charity from government
agencies and other co-funder$, but not yel roceived at flnanclal year end, is ￿nclUded in debtors.
Cash al bank and In hand
Cash ot bank and in hand comprl8es cosh on doposlt at banks r&qulrln9 le8S than threo months notjco of
wlthdrawal.
TaxatSon and deferrod taxatlon
No current or def6rred laxalion ariges as th6 charlty has b•6n gr8nl•d charftablg exomption. Irrecoverabl•
valued added tax is expensed a6 incurred.
Deferrèd tax is rècognlsed in rosp•¢t of 811 timlng differenc06 thst hav• originated but not rover68d at the
balan¢e sheet date where transactions or evenl$ have occurred at that date that will result in an obligation to
pay more lax In the future, or a rlght lo pay less tax in Ihe future. Timing differences are tomporary dlffer8nces
botsv8en the charity's taxable profits and its results as stated in the financial statements.
Deferred tax is measured on an undiseountad basis at the tax rates that are ants'cipated to apply in tho penods
In which the timing differoncos 8re èxpected to reverse, bo$ed on tax rates and lawg that have been enacted
or substsntivoly ènaded by the balanc8 sho&1 date.
OOING CONCERN
The Trustees h8ve not identified any material uncertalnties related to events or conditions that may cast
slgnificant doubt about th& charlty'$ ability to continue as a aoing concern.
CRITICAL ACCOUNTING JUDGEMENT AND ESTIMATES
The preparats'on of the financial statèments requir89 managemènt to make judgements. estimates and
assumptions that affect the amounts reported. These estim8tes and judgements 8re ¢ontinually revlewed and
are basod on experience and other factors, inGludlng expectations ol fvture events that ar& btrlievad to be
reasonable under circumstances.
INCOME
CHARITABLE ACTIVITIES
Unrestrlcted Restrl¢ted
Funds
Fund$
2025
2024
11

Gontinued
Sallortown Regeneratlon Group
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
Grants from governments and other co-funders:
Inter Comm
8elfast City Council
8HC
Lottery Main Grant
Rank Foundation
Maritime Belfast
NLHF Resilient
Communlty Foundation
1,480
62,783
20,000
2,578
29,715
5,000
34,500
66,399
20,000
32,600
30,222
10,000
56,399
20.000
32,600
30,222
10,000
2.000
2,000
150,221
150,221
156,054
OTHER TRADING ACTIVITIES
Unreslrlcted Restrlcted
Funds
Funds
2025
2024
Other trading activiti•s
Trading income
3,963
3,983
11,978
3,966
3,966
11,978
OTHER INCOME
Unréstrl¢t¢d Rostrlctsd
Funds
Funds
2025
2024
Renv room hlro
3,816
388
4,172
2,533
EXPENDITURE
CHARITABLE ACTIVITIES
Dlrect
Costs
Oth•r
Co•ts
Support
Costs
2025
2024
Expenditure on charitable a¢ttvit8s
166,603
900
187,405
136,789
SUPPORT COST8
Charltable
Actlvltle$
2025
2024
Support
900
900
1,050
ANALYSIS OF SUPPORT C08TS
2025
2024
Support
900
1,050
NET INCOME
2025
2024
Net Income 1$ stated after charglnql{¢redltlngl:
Depre¢iats'on of tangible assets
17,577
17,577
INVESTMENT ANO OTHER INCOME
2025
2024
Rent receivable - other inGome
Sundry in¢ome
621
1,324
624
1,324
12

Continued
Sailortown Regeneratlon Group
NOTES TO THE FINANCIAL STATEMENTS
for tho financial year ended 31 March 2025
EMPLOYEES AND REMUNERAnoN
10.
Number of employees
Tho average number of persons employed (including exe¢uts'vg tfusteesl dunng the financial year was a$
follows..
2025
Number
2024
Number
Operational Stsff
The staff costs comprise..
2025
2024
Wages and salarfes
71.308
52.688
11.
TRUSTEE REMUNERATION AND EXPENSES
There are no employees who recoived employe8 bèn8flts of more than £80,000 for tho reporting p8rfod.
12024.. 0}
12.
TANGIBLE FIXED ASSETS
Long
l•asehold
property
Total
Cojt
At 31 Mar¢h 2025
351,550
351,550
D•pr￿latIOn
At 1 April 2024
Charge lor the financlal year
35,154
17,577
3S,154
17,577
At 31 MJr¢h 2025
52,731
52,731
Net book valu?
At 31 MarGh 2025
298,819
298.819
At 31 Mgrch 2024
318,396
316,396
2026
2024
13.
DEBTORS
Trade debtors
32,600
2026
2024
14.
CREDITORS
Amounts falllng due withln one year
900
AccNals 8nd deferred income
900
13

continued
Sallortown Regeneratlon Group
NOTES TO THE FINANCIAL STATEMENTS
for the financial y88r ended 31 March 2025
15.
RESERVES
2025
2024
At the beginning of the year
IDgfieitllSurplu6 for the financial year
443,953
{26,673)
410,177
33,776
Atthe ond olthe year
417,280
443,953
18.
FUND8
18.1 RecoNCILIATION OF MOVEMENT IN FUND8
Unrestrlcted Re$trlcted
Funds
Funds
Total
Funds
At 1 AprS12023
Movement during the fin8nclal ye8r
332,921
13.4321
77,256
37,208
410,177
33,776
At 31 Mar¢h 2024
Movement durlng Ihe financlal year
329,489
121,8351
114.464
14,8381
443,953
128,6731
At 31 March 2025
307,854
109,628
417,280
16.2 ANALY818 OF MOVEMENTS ON FUNDS
Balance
Incom• Exyndlturo
Transfer•
between
nd$
8alan¢•
31 March
2025
2024
Re$trl¢ted funds
R6stricted
Unrestrlct•d Nnd8
Unrestri¢ted General
114.464
150,577
155,415
109,826
329,489
7,782
29,817
307,654
Total fvnds
443,963
16B.369
185,032
417.280
18.3 ANALYSIS OF NET ASSETS BY FUND
Flxed
assets
- charlty us•
Curront
asset$
Current
Ilabllltle$
Total
Restr+￿ed trust fund8
32,600
32,600
Unrestr+Gl&d gèneral funds
298,819
86,781
(900)
384,680
298,819
119,361
{9001
417,280
17.
POST-8ALANCE SHEET EVENTS
There have been no significant events affecting tho Charity slnce the f nancial yoar-ond.
14

LORTOW
GENE
ION GR
UPPLE
NTARY INFORMATION
NCIA
TE
NT
FOR T
E FINANCIA
YEAR END
31MA
CH 202
15

Sailortown Regeneration Group
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS
OPERATING STATEMENT
for the financial year ended 31 March 2025
2025
2024
Sch¢dulo
Incom8
157,733
169,241
Charltable activitios and other expenses
(185,032)
{136,7891
(27,2971
32,452
Mis¢8llaneous income
624
1,324
N¢t {defl¢ltll$urplus
(28,6731
33,776
The supplementary information does not form part of the financial Statements

Sailortown Regeneratlon Group
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS
SCHEDULE 1 . CHARITABLE ACTIVITIES AND OTHER EXPENSES
for the financial year ended 31 March 2025
2025
2024
Expenses
Wages and salaries
Rent payable
Rates
InsuTan¢è
Light and heat
Repairs and maintenance
Printing, postage and stationery
Telephone
Computer costs
Motor expenses
Legal and prof86sonal
Accountan¢y
Slaff welfare
Project costs
Subscripts'ons
Dopreciation
71,508
2,626
441
995
9,440
6,289
1,346
2,900
281
50
47,425
52,688
2,624
895
7,725
2,373
1,141
12
12,148
1,050
204
37,952
400
17,577
23,256
17,577
185,032
136,789
The supplementary information does not form part of th8 financial ststements
17

Sailortown Regeneration Group
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS
SCHEDULE 2: MISCELLANEOUS INCOME
for the financial year ended 31 March 2025
2025
2024
Mlscellaneou$ Income
Rent receivable other incom
Sundry income
821
1,324
824
1,324
The supplementary information does not form part ofthe finanGlal ststements
18