Belfast Civic Trust Limited
IA company limited by guarantee)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2024
The trustees, who are also the directors for the purFrf)ses of the Companies Act 2006. present their annual report
tog8ther with the financial statements of the Belfast CNIC Trust Limited for the Year Ended 31 January 2024.
STRUCTURE, GOVERNANCE AND MANAGEMEKr
Governing Document
Belfast Civic Trust Limited is a company limited by guarantee and does not have share capital. It is govemed by ts
Memorandum of Articles of Association. The liability of each member is limited to an amount rK)t ex￿edIng £1.
The Trust is also a registered charity. charity number 102456.
Method of appointment or election of trustees
The management of the company is the responsibility of the trustees who are elected and co-opted under the
terms of the Trust deed. The trust88s during the reported year were:
Davtd Fllnn
Patrtcia Moorhead
Organisatlonal structur• and decision making
Non8 of the trustees have any beneficial interest in the company. Decisions at General Meetings shall be made by
passing ordinary resolutions requiring a simple majonty of rnembers present and voting.
Objectives and activities and Public Benefit
The ptinciple objectiv8 is to promote presèrvati¢)n of the build environment largely wthin Belfast. This is achleved
by educating the publtc in the need for protection of building sand architeciural value and importanc8.
Achlevernent and p•rf¢nnance.
The trustees are satisfied with the results for the year and the year*nd position of the company.
Finan¢lal revlew.
The net increase in resources for the year amounted to £486 which was debited to fijnds broL5ght forward. Total
funds (xrried forwarthat'the year*nd amounted to £2.804. The results for the yeqr are set out in the income and
expendiiure account
Plans for the future
The trustees will continue to promote the objectives of the charity in future years.
Going GonGern
After making the appropriate enquiries, the trustees have a reasonable expectation that the company has
adequate resources to continue in operational existence for the foreseeable future. For this rèason, they continue
to adopt the going con￿rn basis in preparing the financial statements.

B•lfast Civic Trust Limitsd
(A company limited by guarantee)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2024 {contlnued)
Rlsk managem•nt
The trust&88 have assessed the major risks to which the company is exposed, in particular those related to the
operations arKI finance of the company and are satisfied that systems are in ptace to mitigate exposure to these
major risks.
Reserves pollcy
In relation to financial planning the Trustees strive to achieve a goal to provide a cash operating reserve of not less
than 90 days operating fvnds at the financial year end. Funds are retained in order to provide sufficient worklng
capital to facilitate ongoing activiti&s.
Funds held as custodian
No funds are held as custodian.
R•sponsibllltl•s of the trustees
The trustees {who are also dir8ctors for the purposes of Company L¥w) are resp)nsible for preparlng the trustees,
report and the financial statements in accordan￿ with applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Prdcts"ce)
Company law requires th8 trustees to prepare financial statements for each financial year which give a true and fair
view of the state of affairs of the Charital￿e company as at the balance sheet date and of its inwming resources
and application of resources. Including income and expenditure for the financial year. In preparing those financlal
ststements, the directo￿ should follow best practice and..
Select suitable accounting prJlir.ip8 and then ap[￿Y them eonsist8ntly
Obs8rve the methods and principles in the Charities SORP
Make judgements and estimates that are reasonable and prudent, and
Presume that the charitable company will continu8 in operation.
The trustees are responsible for maintaining 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 wth the Companies Act 2CrfJ6. The trustees are also responsible for safeguarding the assets of th8
charitable company and hence for taknng reasonable steps for the prevention and detection of fraud and other
irregularities.
Small ¢ompany provisions
This rewrt has been prepafe"d Eh accordanee the small company's regime under the CompaDies Act 20.06.
This report was approved by the trustses on ...................
. and signed on its behalf by:
David Flinn
TrusteelDirector
Patricia Moorhe
TrusteelDirector