Inter-Ethnic Forum (Mid And East Antrim)
Statement of Financial Activities for the Year Ended 31 March 2025
(Including Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Unr¢strieted
funds
Restricted
funds
Total
2025
Not¢
Income and Endojvments from:
Donations and legacies
Charitable activities
89.836
4,571
84.749
174.585
4.571
Total income
94,407
84.749
179,156
Expenditure on:
Charitable activities
83,733
83,699
167.432
Total expenditure
(83,733
(83.699)
(167,432)
Net income
10,674
11.724
Net movement in funds
10,674
1.050
11,724
Reconciliation of funds
Total funds brought forward
95,261
95.261
Total funds carried forward
14
105.935
Unrestrieted
funds
1.050
Restricted
funds
106,985
Total
2024
Note
Income and Endowments from:
Donations and legacies
Charitable activities
89.657
5.752
68.210
157,867
5,752
Totsl income
95,409
68,210
163,619
Expenditure on:
Charitable activities
(91.146)
68,210
{159,356
Tcrtal expenditure
91.146
68,210
159,35
Net income
4,263
4,263
Net movement in funds
4,263
4.263
Reconciliation of funds
Total ￿ndS brought fonyard
Total ￿ndS carried forward
90,998
90.998
14
95.261
All of the charitys activities derive fr(Mn continuing operations during the above two peri(xi8.
The funds breakdown for 2024 is shoNvD in note 14.
The notcs on pages 8 to 15 forni an integral part of these financial statetnents.
Page 6

Inter-Ethnic Fornm (Mid And East Antrim)
(Registration number: N1067175)
Brdlance Sheet as at 31 March 2025
2025
2024
Note
Fixed assets
Tangible assets
10
1.455
521
Current Assets
Debtors
Cash at bank and in hand
48.202
68.393
60,040
48.433
12
116,595
108,473
Creditors.. Amounts falling due within one year
13
(11.065
(13,733
Net current assets
I ns.570
94.740
Net 8ssets
106.985
95,261
Funds of the charity:
Restricted income fund5
fuIids
14
1.050
Unrestricted income fund5
unrestrict￿ fimds
105,935
95.261
Total funds
14
106985
95,261
For the financial year ending 31 Marth 2025 the charity was entitled to exemption from audit undtt section 477
of the Companies Act 2006 relating to small companies.
Directors, responsibilities:
The mtsmbtrs haves not rquir￿ the charity to obtsin grt audit of its accounts for the year in question In
accordance with section 476; and
The directors acknowledge their re5ponsibilitie5 for complying with the requiremoits of the Act with respect
to accounting records and the preparati(A) of accounts.
Thc finan¢ial 3tat¢m¢nts on pascs 6 to 15 were approved by the truste84 and authorised for isgue on 19 August
2025 and signed on their behalf by:
Dorothy Joneg
Trustee
The notes on pages 8 to 15 forn] an Inte￿ part of these financial Stat￿ents.
Page 7

Inter-Ethnic Forum (Mid And East Antrim)
Notes to the Financial Statements for the Year Ended 31 March 2025
I Charity statu5
The charity is limited by guarant< incorporated in Northern Irelan￿ and consequently does not have share
capital. Each of the trustees is liable to contril)ute an amount not exceeding £1 toward5 the a55ets of the charity
in the event of liquidati￿.
The address of its regi5teral office is:
20 William Street
Ballymena
Co Antrim
BT42 IED
These financial statements were authorisol for issue by the t￿￿ on 19 August 2025.
2 Accounting policies
Summary of significant accounting policies and key a¢¢ounting estimates
The principal accounting policies applied in the preparatim of these financial statements are set out below.
These policies have consistently applied to all the years pre5ente(L unless othuwi5e stated.
statement of eomplign¢¢
The financial statements have been prepared in accordance with Accounting and Reporting by Charitie5:
Statement of Recommended Practice applicable to chariti&s preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January
2015) - (Charitie5 SORP (FRS 102)), the Finan¢ial 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 preparation
Intcr-Ethnxc r.orum (Mid And East Antrim) mccts thc dcfinition of a publiG bcncfit ¢ntity undry riis 102. A35cts
and liabilities are initially recognised at hist(ffid cost LY transaction value unless otherwise stated in the
relevant accounting policy notes.
Going eoneern
The financial qtAtements have been prepared on a gning cA￿cE1n bRSi& The directors have assessed a period of
12 month5 from the date of approving the financial statements with regard to the appropriateness of the going
concern assumptirn in preparing the financial statements. The directors note the positive trading and cashflow
position at the date of SI￿ off of the financial statements and believe that the charity will continue as a going
concern and be able to realise its assets and discharge its liabilitias in the normal course of business.
Income and endowm¢nts
All Income is recognised once the charity h&$ entitlement to the incorn4 it 15 probable that the income will be
received and the amount of the income receivable can be me&sured reliably.
Page 8

Inter-Ethnic Forum (Mid And East Antrim)
Notes to the Financial Statements for the Year Ended 31 March 2025
Donations and legaci
Donations are re£o8nised when the charity has beth notified in writing of Ix)th the amount and settlement date.
In the event that a donation is subject to conditions that Tequire a level of perforn]ance by the charlty before the
charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully
mel or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these
conditions will be fulfilled in the reporting pericd.
Granls receivable
Grants are recognised when the charity has an entitlement to the fund5 and any conditions linkal to the grants
have been met. Where performan￿ conditions are attach￿ to the grant and are yet to b¢ meL the income is
rcGQsnis￿ as a li4bility and inrluded on thc balanrx shc¢t as dcfrucd ittcomc to bc r¢lca3d.
V.ypÈnditurÉ
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement is required and the amount can ￿ measured reliably. All costs are allocated to the applicable
expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributvj to
parttcular headings they have been allLKated on a basis consistent with the use of resource4 with central staff
Costs allocated on the basi5 of time spenL and depreciatilm chaTg&s all￿ated on the portion of the asset's use.
OtheT siipport fA)Sts are HI1(￿ated baqed nn the.%preAd nf qtaff costs.
Cliarilable oclivities
Charitable expenditure comprises those costs incurrd by the charity in the delivery of its activities and services
for its beneficiaries. It includes E()th costs that can be allocated directly to such activitie5 and those costs of an
indir￿¢ nature necessary to support them.
Taxation
The charity is considered to pa&s the tests set out in Paragrdph I Schedule 6 of the Finance Act 2010 and
therefore it meets the definition of a charitable company for UK corporatiLX) tsx purposes. Accordingly, the
charity is potentially exempt from taxation in respect of income or capital gains received within categories
covered by c.hapter I Part I l of the e.nrpnrati(fft Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposas.
Tangible fixed assets
Individual fixed assets are initially recorded at C(￿ less any subsequent accurnu1at￿ depreciation and
subsequent arxumulated impairnient10sSCS.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to ￿lte off th¢ cost or valuati(m. less any estimated
residual value, over their experted useful eaTh￿niC lift as follows:
A55et clH55
Furniture and equipment
D¢pi"¢£iatioll method and rat¢
250/0 reducing balance basis
Page 9

Inter-Ethnic Forum (Mid And East Antrim)
Notes to the Financial Statements for the Year Ended 31 March 2025
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or servt¢es performed in the ordinary
course of business.
Trade debtors are recognised initially at the transacti￿ pri￿ A provision for the impairnient of trade debtor5 15
established when there is objective evidence that the charity will not be able to collect all amounts due
according to the original ternis of the [￿e1Vable5.
Cash and cash equivalents
C¢i¥li wid La¥li ¥4uivaluii> cuiiprise casli ￿ h￿Id and dcposits, and other short-temi highly liquid
investments that are readily convertible to a known amount of c&th and are subject to an insignificant risk or
change in value.
Fund strntture
Unrestrieted income fimds are general fimds that are available for use at the trustees discretion in furtherance of
the objective5 of the charity.
Restricted income funds are those donated fLY use in a particular area or for specific purposes. the use of which
is restricted to that area or purpctse.
Pensions 2nd otber post retirernent obligations
The charity operates a defined Contributi(￿ pension scheme which is a pension plan under whith fixed
contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further
ontributions even if the fijnd does not hold sufficient assrfs to pay all ¢rnployeeB the benefits relating to
employee service in the current and prior period5.
Contributi¢Ms to defined c0ntrilxjti￿7 plans are recognised in the Statement of Financial Activities when they are
due, If contributirx] payments exceed the Contributi(￿ due ￿ serviLx the excess is recognised as a prepaymenL
3 Income from donations and legacies
Unrestricted
funds
General
Restricted
fllnds
Total
fullds
Donations and legacie5'
Donations from individuals
Grdnt4 including capitsl grants:
Grants from other charities
370
370
89,466
84,749
174.215
Total for 2025
89,836
84,749
174.585
Total for 2024
89.657
68.210
157,867
Page 10

Inter-Ethnic Forum (Mid And East Antrim)
Notes to the Financial Statements for tbe Year Ended 31 March 2025
4 Income from charitable Activities
Unr¢stricted
funds
General
TotAI
fund5
Services and support
4.571
4.571
Total for 2025
4.571
4,571
Totsl for 2024
5.752
5.752
5 Expenditure on charitable actiwities
Unrestricted
fund$
General
Restricted
funds
Total
fullds
Wage5 and salaries
Rent. rates and insurance
Lighl heat and power
Telephone and internet
'Computer costs
Administrati￿, postage and ststionery
Project and events expenditure
Sundry expenses
Cleaning
Travel and subsisten
Ac¢ountan¢y
Translation expenses
Bank charges
Depreciation of plant and machinery
70,258
2,173
244
2.161
43
778
1,399
807
340
1,695
1.543
1,879
245
168
20,070
1500
800
800
90.328
4,673
1,044
2,961
43
1,278
19,974
807
500
18,575
340
1046
1.543
41,632
245
518
351
39,753
350
Total for 2025
83,733
83.699
167,432
Totgl for 2024
91,14V)
b¥.210
159,356
6 Net incomingloutgoillg resources
Net incoming r￿oUrC￿ for the year include:
2025
2024
Depreciation of fixed assets
518
174
7 T￿￿tee5 remuneration and expen5e5
No uusiee4 nor any persons connected with have recelved any remUner￿lon from th¢ rharity durin¥ th
Page 11

Inter-Ethnic Forum (Mid And East Antrim)
Notes to the Financial Statements for the Year Ended 31 March 2025
8 Staff Costs
The aggregate pa￿011 costs were as follows:
2025
2024
Staff costs during the year were:
Wag&8 and salaries
Social security Costs
Pengion engts
85,685
3,058
1.585
83,076
2,738
2.206
90,328
88.020
The monthly average number of persons (including senior managemfflt I leadership team) employed by the
charity during the year expresseJJ as full time equivalents w&$ as follows:
2025
2024
Administration
No employee received emoluments of more than £60,000 during the year.
9 Taxation
The Charity is a registered charity and is therefve exempt from taxati(￿.
Page 12

Inter-Ethnic Forum (Mid And East Antrim)
Notes to the Financial Statements for the Year Ended 31 March 2025
10 Tgngible fixed assets
Furniture And
equipment
Total
Cost
At l April 2024
Additions
2.401
1,451
2,401
1.451
At 31 March 2025
3.852
3.852
Depreciation
At l April 2024
Charge for the year
1,879
518
1,879
518
At 31 Marth 2025
2.397
2,397
Net book value
At 31 Marth 2025
1.455
At 31 Marth 2024
522
522
11 Debtor5
2025
2024
Trade debtors
Other debtors
46,955
1.247
60.040
48.202
60,040
12 Cgsh 4nd cash equivalents
2025
2024
Cash at bank
68,393
48,433
Bank overdrafts
5,976
Cash and cash equivalents in ststement of cash flows
68,393
42.457
13 Creditors: amounts falling due within one year
2025
2024
Bank
Other taxation and S￿la1 security
A¢¢ruals
5.976
6.064
1.693
11,065
11.065
13,733
Page 13