Inter-Ethnic Forum (Mid And East Antrim)
Statement of Financial Activities for the Year Ended 31 March 2023
(Including Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Unrestricted
funds
Restricted
funds
Total
2023
Note
Ineome and End0￿.￿entS from:
Donations and legacies
Charitable activities
89.062
4.994
59,805
148,867
4,994
Total income
94,056
59,805
153,861
Expenditure on:
Charitable activities
(79,394
(59,805)
(139,199)
Tot21 expendituTe
(79.394}
(59,805)
(139,199)
Nd income
14,662
14,662
Net movement in funds
14.662
14,662
Reconciliation of funds
Total ￿ndS brought fonvard
Total fiLnds carried forward
76,336
76,336
15
90,998
Unrestricted
funds
90,998
Total
2022
Restricted
funds
Note
Income and EndoiTrinents from:
Donations and IcLJacics
Charitable actiwities
Investment ITiLome
76.988
2,606
24
73,689
150,677
2,606
24
Total income
79,618
73,689
153,307
Expenditure on:
Charitable activities
(74,124}
{73,689)
(147,813)
Total expenditure
(74,124}
(73,689)
(147,813)
Net income
5,494
5,494
Net rnovement in funds
5,494
5,494
Reconciliation of funds
Total fimds brought fonvard
70,842
70,842
Total funds carried fonvard
15
76,336
76,336
All of the charitys activities derive from continuing operations during the above two periods.
The ￿ndS breakdown for 2022 is showm in note 15.
The notes on pages 9 to 16 fonn an integral part of these fmancial statements.
Page 7

Inter-Ethnic Forum (Mid And East Antrim)
(Registration number: N1067175)
Balance Sheet as at 31 March 2023
2023
2022
Note
Fixed asset5
Tangible assets
695
925
Current assets
Debtors
Cash at bank and in hand
12
33.157
58,767
25,510
51,475
13
91,924
76,985
Creditor5". Amounts falling due Trithin one year
14
(1,621)
(1.574)
Net current assets
90,303
75,411
Net a55ets
90,998
76,336
Funds of the Charity:
Unrestricted income funds
UnrestTlCted thnds
90,998
76,336
Total funds
15
90,998
76,336
For the financial year ending 31 March 2023 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Directors, responsibilities-
The membeTS have not required the charity to obtain an audit of its accounts for the year in question in
acLordance with section 476" and
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect
to accounting records and the preparation of accounts.
The financial statements on pages 7 to 16 were approved by the trustees. and authorised for issue on 17 October
2023 and signed on their behalf by:
AlastaiT Donaghy
Truslee
The notes on pages 9 to 16 fonn an integral part of these fmancial statements.
Page 8

Inter-Ethnic Forum (Mid And East Antrim)
Notes to the Financial Statements for the Year Ended 31 March 2023
I Charity status
Thc ¢harity is limitLMI by guarant¢c, In¢orFx)ratal in Northcm Ir¢lan(L and conscqucntly does not havc sharc
capital. EaLh of the trustees is liable to contribute an amount not exceeding £1 toward.s the assets of the charity
in the evenl of liquidation.
The address of its registereAI office is:
20 William Sir¢¢t
Ball)ryncna
Co Antrim
BT42 IED
These financial statements were authorised for issue by the trustees on 17 October 2023.
2 Accounting policies
Summary of significant accounting policies and kei accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below.
These policies have been consistently applied to all the years presente￿ unless otherwise stated.
Statement of compliance
The financial statements have ken prepared in accordance with Accounting and Reporting by Charities:
Stalement of Recoinmended 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
2015) (chariti￿ SORP (FRS 102)). the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act (Northern Ireland) 2008.
Basis of preparatio
InteT-EthniL Forum (Mid And East Antrim) meets the definiti(m of a public irnefit entity under FRS 102. Assets
and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy notes.
Going Concern
The financial staten]cnts have been prepared on a going concern basis. The dirc¢tors have asscssed a period of
12 rnonths froni the date of approNing the financial statements ￿ryth regard to the appropriateness of the going
concern assumption in preparing the financial statements. The directors note the positive trading and Lashflow
position at the date of sign off of the financial statemeT]ts and believe that the chaTity will continue as a going
concern and be able to realise its assels and discharge its liabiliti&% in the nornial course of business.
Income and endowments
All income is recognised once the charity has entitletnent to the iv]covne, it is probable that the incovne will be
received dnd the atnount of the income receivable can measured reliably.
Page 9

Inter-Ethnic Forum (Mid And East Antrim)
Notes to the Financial Statements for the Year Ended 31 March 2023
Donations and legacies
Donations are r¢¢ognis¢d wh¢n Ih¢ Charity has Ix¢n notified in ￿lling of both th¢ amount and s¢ttlcin¢nt dat¢.
In th¢ ¢v¢nt that a donation is subj¢ct lo ¢onditions that r¢quir¢ a I¢￿¢1 of p¢rfornian¢¢ by thc charity bcfor¢ thc
charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully
met, or the ￿lfilment of those conditions is H'holly within ihe conlrol of the charily and it is probable Ihai Ihese
conditions wiii b¢ fulfilled in the reporling p¢riod.
Grants receivable
Grants are recognis¢d wh¢n the charity has an ¢ntitlem¢ni to the fimds and any Conditions linked to th¢ grants
hav¢ b¢cn m¢t. Wh¢r¢ p¢rfonnanc¢ conditions arc attachcd to th¢ grant and arc ycl to b¢ mct. th¢ in¢om¢ is
rccogniscd as a liability and includtxl on th¢ balan¢¢ shcct as dcf¢rr¢d incom¢ to k rclcascd.
Expenditure
All expenditure is recognised once there is a legal or con8tructiTr'e obligation to that expenditure. it is probable
settlement is required and the amount can be measured reliably. All costs are all￿ated to the applicable
expenditure h¢ading that aggregai¢ similar Costs to that caiegory. Wher¢ costs cannot b¢ directly attribut¢d to
particular hcadings thcy hav¢ bccn allocalcd on a basis consistcnt with th¢ usc of Tcsourc¢s, with ccntral staff
costs allocatcd on thc basis of timc spcnt, and d¢pr¢ciation chargcs allocat¢d on th¢ portion of th¢ ass¢t's usc.
OthLY SUPPOrt costs arc allocatcd bascd on thc sprcad of staff costs.
Charitable aetivilies
Charitable expenditure comprises those costs incurred by the charitv in the delivery of its activities and services
for ils beneficiaries. It includes boih costs thai can be allocated directly to such activities and those costs of an
indir￿￿ nature necessary to support then].
Taxation
The charity is considered to pass the tests set out in Parawh I Schedule 6 of the Finance Act 2010 and
therefoTe it meets the definition of a charitable company for UK corporation tax pury)oses. Accordingly, the
charity is potentially exempt from laxation in respect of income or capital gains received within categories
covered by Chapter 3 Part I l of the Corporation Tax Act 201 O or Section 256 of the Taxation of Chargeable
Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets are initially recorded at cost, less any subsequent accumulated depreciation and
subsequent accumulated impainnent losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuati￿, less any estimated
residual ￿'alUe, over their expected useful econotnic life as follows-
Asset class
Furniture and equipment
Depreciation method 2nd rate
25 /0 reducing balance basis
Page 10

Inter-Ethnic Forum (Mid And East Antrim)
Notes to the Financial Statements for the Year Ended 31 March 2023
Trade debtors
Trad¢ debtors ar¢ amounts due from custom¢rs for m¢rchandis¢ sold or services p¢rforn]¢d in th¢ ordinary
course of busincss.
Trade debiors are recognised initially al the transaction price. A provision for ihe impairn]enl of irade debiors is
egt2blished when there is objeciive evidence that the charity will not be able lo collect all ainountq due
according to the original lenns of the receivables.
Cash and cash equivalents
Cash and cash cquival¢nts comprisc cash on hand and call dcposits, and othcr short-tcnn highly liquid
invcstmcnts that aTC Tcadily uonvcrtiblc to a known amount of Lash and arc subjcct to an insignificant risk of
change in value.
Fund structure
UnrestTlCted income funds are general funds tbat are available for use at the trustees discretion in furtherance of
the objectives of the charity.
Rcstriclcd incomc funds arc Ihow donat¢d for usc in a particular ar￿ or for spccific purposcs. thc usc of which
is rcstrictcd to that arca or purposc.
Pensions and other post retirement obligations
The charity operates a defined contributi(M pension scheme which is a pension plan under which fixed
conlribulions are paid into a pension fvnd and the charity has no legal or constructive obligation to pay fvriher
contribulions cvcn if thc fiLnd d<￿ not hold sufficicni asscts to pay all ¢mployc¢s thc bcncfits rclating to
employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in ihe Statement of Financial Activities when they are
due. If contributi(rn payments exceed the contribution due for service, the excess is recognised as a prepayment.
3 Income from donations and legaeies
Unrestricted
funds
General
Restricted
funds
Total
funds
Donations and legacies.
Dunationb from community group5
Grant4 including capil(Il grants-
Grants from other charities
1,400
1,400
89,062
58,405
147,467
Total for 2023
89.062
59,805
148,867
Total for 2022
76.988
73,689
150,677
Pagell

Inter-Ethnic Forum (Mid And East Antrim)
Notes to the Financial Statements for the Year Ended 31 March 2023
4 Income from charitable activities
Unrestricted
funds
General
Total
funds
Services and support
4,994
4,994
Total for 2023
4,994
4,994
Total for 2022
2,606
2,606
5 Investment income
Unrestricted
funds
General
Total
funds
Total for 2023
Total for 2022
24
24
6 Expenditure on charitable activities
Unrestricted
funds
General
Restricted
funds
Total
funds
Wages and salaries
Rent, rates and insurance
Lighi, heat and power
Telephone and internet
Computer costs
Administration, postage and slationery
Project and events expenditure
Sundry expenses
Cleaning
Travel and subsistence
Accountancy
Translation expenses
Bank charges
Depreciation of plant and machinery
54.488
3,913
1.517
2,145
521
2,140
7,888
19.770
900
74,258
4,813
1,517
2,145
521
2,140
16,229
141
8,341
355
2,591
1,416
1,720
328
231
355
2,591
1,416
32,514
328
231
30,794
Total for 2023
79.394
59,805
139,199
Total for 2022
74,124
73,689
147,813
Page 12

Inter-Ethnic Forum (Mid And East Antrim)
Notes to the Financial Statements for the Year Ended 31 March 2023
7 Net incomingloutgoing resources
Nct in¢oming T¢souTccs for th¢ y¢ar in¢lud¢:
2023
2022
Depreciation of fixed assets
231
309
8 Trustees remuneration and ewenses
No t￿Stees, nor any persons connected with thenL have received any remuneration from the charity during the
year.
9 Staff eosts
The aggregate pa￿011 costs ivere as follows:
2023
2022
Staff costs during the year were:
Wagcs and %alaTi¢s
Social secuTlty cthstS
Pension cosis
71,807
1,138
1,313
76,895
2,340
1,976
74,258
81,211
The monthly average number of persons (including senior management / leadership team) employed by the
charity during the year expressed as ￿11 time equi￿.a1ents was as follows..
2023
2022
Administration
No employee received emoluments of more than £60.0(K) during the year.
10 Taxation
The charity is a registered charity and is therefore exevnpt from taxation.
Page 13

Inter-Ethnic Forum (Mid And East Antrim)
Notes to the Financial Statements for the Year Ended 31 March 2023
11 Tangible fixed assets
Furnitsre and
equipment
Total
Cost
At l April 2022
2.401
2,401
At 31 March 2023
2,401
2,401
Depreciation
At l April 2022
Charge foT the year
,475
231
1,475
231
At 31 March 2023
1,706
1,706
Net b(bok value
At 31 March 2023
695
695
At 31 March 2022
926
926
12 Debtors
2023
2022
Trade debtors
33,157
25,510
13 Cash and cash equivalents
2023
2022
Cash at bank
58,767
51,475
14 Creditors: amounts falling due within one l'ear
2023
2022
AccTuals
1,621
1,574
Page 14

Inter-Ethnic Forum (Mid And East Antrim)
Notes to the Financial Statements for the Year Ended 31 March 2023
15 Funds
Balance at I
April 2022
Incolning
resources
Resource5
expended
Balance at 31
March 2023
Unrestricted funds
General
General ￿ndS
76.336
94.056
(79,394)
90,998
Restricted funds
Mid and East Antrim CounLiI
British Red Cross
PHA
12.051
1.150
33,003
6.410
5.791
1,400
{12,051)
(1,150)
{33,OOJ)
(6,410)
(5,791)
(1,400)
Home Office
Radius Housing
Donations
Total restricted funds
59,805
(59,805)
Total funds
76,336
153.861
(139,199)
90,998
Balance at I
April 2021
Incoming
resources
Resources
expended
Balance at 31
March 2022
Unrestricted funds
General
General funds
70.842
79.618
{74,124)
76,336
Restricted
Mid and East Antrim Council
British Rcd Cross
NIHE
PFL4
Home Office
14.947
5.000
4.813
32,855
16.074
{14,947)
(5,000)
(4,813)
{32,855)
(16,074)
Total restricted funds
73.689
(73,689)
Total funds
70,842
153.307
(147,813)
76,336
The following income is included within unrestricted general funds:
The Executive Olyice £70.373 (£60,000- 2022)
Mid and East Antrim Borough Council £13,699 (£11.999 - 2022)
Northern Irelalld Housing Executive £4,990 (£4,9W - 2022)
Page 15

Inter-Ethnic Forum (Mid And East Antrim)
Notes to the Financial Statements for the Year Ended 31 March 2023
16 Analysis of net assets between funds
Unrestricted
fund5
General
Total funds at
31 March
2023
Restricted
funds
Tangible fixed assets
Current assets
Current liabilities
695
89.429
{1,621}
695
91,924
(1,621)
2,495
Total net assets
88.503
2,495
90,998
Unrestricted
funds
General
Total funds at
31 March
2022
Restricted
funds
Tangibl¢ fix¢d assets
Currcnt ass¢ts
Currcnt liabilitics
925
57.953
(1.574}
925
76,985
(1.574)
19.032
Total net assets
57,304
19,032
Page 16