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← Lisburn PSP

2025-03-31-accounts

Charity registration number: 102758

LISBURN PSP TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Lisburn PSP Contents

Page
Reference and Administrative Details 1
Trustees' Report 2—5
Independent Examiner's Report 6
Statement of Financial Activities (including Income and Expenditure Account) 7
Comparative Statement of Financial Activities (including Income and Expenditure Account) 8
Balance Sheet 9
Notes to the Financial Statements 10—14
The following pages do not form part of the statutory accounts:
Detailed Statement of Financial Activities (including Income and Expenditure Account) 15—16

Lisburn PSP Reference and Administrative Details For The Year Ended 31 March 2025

Trustees Mr A Bird Mrs A Bird Mr F Ferris Mr D Paisley Mr S Lyness Mr N Fyfe Mr E Phillips Ms T McCormick Mr A Bird Chairman Charity Number 102758 Principal Address 126 Grand Street Lisburn Co. Antrim BT27 4UE Independent Examiner Brian Stewart RBCA Limited Chartered Accountants Linenhall Exchange 26 Linenhall Street Belfast BT2 8BG

Page 1

Lisburn PSP Company No. Trustees' Report For The Year Ended 31 March 2025

The trustees present their report and the financial statements for the year ended 31 March 2025.

Structure, Governance and Management

Governing Document

Lisburn PSP is governed by a management committee and trustees who oversee the work carried out by the organisation. Lisburn PSP is an unincorporated association registered as a charity with the Charity Commission Northern Ireland.

Lisburn PSP engage with Inter Agency forums including PCSP Community Safety Forums.

Governing Document

Lisburn PSP was constituted in October 2006 as an unincorporated association and registered with Charity Commission in August 2015, having been registered as a charity with HMRC.

Recruitment and Appointment of Management Committee

Management Committee are appointed at Annual General Meetings, overseen by Lisburn Castlereagh City Council.

Management Committee are representative of the communities and interest groups targeted by Lisburn PSP.

Training for members

Management Committee adhere to "Fit for Purpose" whereby all members sign up to induction sessions and training.

Risk Management

Lisburn PSP follows a policy of risk management which is designed to identify, quantify, manage and then monitor those things, events or actions which could lead to a failure of a project.

The organisation has an internal risk assessment process that involves four continuous stages:

There is an internal notification process for dealing with problems. The management committee and trustees are always aware of serious risks to a project.

Related Parties

Lisburn PSP is a member group of The Resurgam Community Development Trust.

Strategic Aims

Lisburn PSP is a community owned and community led organisation which aims to bring about long term social, economic and environmental change within deprived communities in Lisburn through creating greater levels of collaboration and partnership working between communities, creating the conditions to attract investment and enable local organisations to address a myriad of challenges that impact their quality of life.

Lisburn PSP aims to support Good Relations through challenging sectarianism and racism, developing respect for diversity and building the capacity of interdependent groups. Lisburn PSP management are committed to a 'Shared Society' which has underpinned our organisational change model to promote safe communities.

Lisburn PSP believe they can provide models of best practice that can be disseminated to realise these priorities including work targeted through youth, reconciliation and safe environments. Lisburn PSP believe they can create safe communities

Objectives and activities

Activities

...CONTINUED

Page 2

Lisburn PSP Trustees' Report (continued) For The Year Ended 31 March 2025

Governing Document - continued

Lisburn PSP manage groups and projects through promoting a model of organisational change by co-ordination of activity and delivery of programmes including Peacebuilding and Community Safety with a focus on inclusion of marginalised groups including Women, Minority Ethnic Groups, Older People, Disengaged Youth. Project oversight and management included:

The project works directly with organisations who support these activities including:

The groups targeted for organisational change include those for whom Lisburn PSP provides direct management for and include:

development of support and research into continuing needs of a changing community. Lisburn PSP has found that when issues are addressed, families will remain in Northern Ireland and support the economy through local employments. Lisburn PSP and The Welcome Project deliver services from the Welcome House, a City Centre social enterprise unit.

In setting our objectives and planning our activities for the year, the trustees have given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the activities have helped to achieve the charity's purposes and provide a benefit to the beneficiaries.

...CONTINUED

Page 3

Lisburn PSP Trustees' Report (continued) For The Year Ended 31 March 2025

Governing Document - continued

Achievements and performance

Lisburn SAFE delivered a community safety service based upon a coordination of volunteers within five communities and a total population of 10,000. Lisburn SAFE continues to receive support from Lisburn Castlereagh Police and Community Safety Partnership and Northern Ireland Housing Executive to deliver interventions and raise awareness of Community Safety with outcomes associated with: Reduce Crime; Fear of Crime & Anti Social Behaviour; Visual Presence; Community Drop-In; Best Practice; Volunteer support including: Training and Support Systems; Recording Systems; Peer Supervision.

Support for volunteers in the Community Fridge and Social Café. Lisburn SAFE volunteers support this project through manning the space, delivering and collecting from supermarkets and producing and delivering hampers or food packs.

Support for community groups who are underrepresented including Older People, Former Combatants and Servicemen, LGBTQIA+ Allies, Ethnically Minoritised groups, Special Educational Needs and Disabilities (SEND) groups and individuals, Youth at Risk, and Newcomers including Refugees and Asylum Seekers.

Lisnagarvey Men's Shed continue to link in with community spaces and Age Friendly initiatives including community gardening, creative arts and Beekeeping for harvesting honey. Lisburn PSP link into CDHN’s Elevate Programme which links Men’s and Hens Shedders through similar interest and activities - this project works on communication for older people to improve communication.

Welcome House continued to link with Lisburn PSP supporting the work of the Welcome Project in tackling issues within community, including Hate Crime associated with Ethnically Minoritised Groups and supporting those Newcomers in Lisburn City.

Lisburn PSP have consistently delivered Good Relations and Community Safety contracts for local and central government and are pioneers in peacebuilding and conflict transformation. Lisburn PSP continue to share their model of transformation, highlighted in the published 'Social History' - Our Community Transformation - From Conflict to Peace.

Impact

Potential Funding

Lisburn PSP continue to seek contracts and funding from local and central government as well as trust and voluntary organisations. Lisburn PSP deliver contracts for statutory providers and will continue this work, especially targeted at Community Safety and Health and Wellbeing.

Lisburn PSP continue to fundraise at a local level with a consistent level of finance secured annually through social events, ballots and sponsorship.

Lisburn PSP main funding is for Community Safety and Community Support (Lisburn Castlereagh PCSP; NIHE Cohesion; Lisburn Castlereagh Community Support Grant and Community Festival).

Lisburn Festival of Music

Lisburn PSP secured grants from Lisburn Castlereagh Community Festival Fund and Housing for All’s Choice Housing towards a Lisburn Festival of Music. This featured

(iii) Foods of the World – an integration event with countries from round the world showcasing their foods and culture in the Highway Inn Bar and Kitchen

Plans for future periods

One Year Key Targets to Work

PEACEPLUS – Lisburn PSP have been trailblazers for conflict transformation and peacebuilding since the EU PEACE Funds arrived in Lisburn City and will continue to tender for opportunities as partners in bids towards women and youth development to ensure community stability.

- Men’s and Hens Shed:

Men’s Shed project continue to harvest Honeybees and maintain the community garden and farm at the target communities including River Lagan and Hillhall, Halftown and Hilden. Cultural and heritage work continues with Lisburn Museum and Good Relations Stakeholders, including Smashing Times Arts. The Men’s and Hens Shed has identified needs to be addressed in the target communities and they will be supported by the Elevate Project.

...CONTINUED

Page 4

Lisburn PSP Trustees' Report (continued) For The Year Ended 31 March 2025

Governing Document - continued

Financial Review

For the financial year ending 31 March 2025, the charity's unrestricted income totalled £15,975, while restricted income amounted to £37,855. Restricted expenditure matched the restricted income at £37,855, and unrestricted expenditure stood at £29,181. This resulted in an overall deficit of £13,206 for the year. The carried forward funds at year-end were £0 for restricted funds and £12,225 for unrestricted funds.

The trustees' report was approved by the board of trustees and signed on its behalf by:

A Bird

Mr A Bird Trustee Date 02 Feb 2026

Page 5

Lisburn PSP Independent Examiner's Report to the Trustees of Lisburn PSP For The Year Ended 31 March 2025

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2025.

Responsibilities and Basis of Report

As the charity’s trustees of Lisburn PSP you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act (Northern Ireland) 2008 (‘the Act’).

Having satisfied myself that the charity is not subject to audit under charity law, and is eligible for independent examination, it is my responsibility to:

Independent Examiner's Statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Charities as required by section 63 of the Charities Act (Northern Ireland) 2008

  2. the accounts do not accord with those records; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Brian Stewart

Brian Stewart, for and on behalf of: RBCA Limited Chartered Accountants Linenhall Exchange 26 Linenhall Street Belfast BT2 8BG

Date: 02 Feb 2026

Page 6

Lisburn PSP

Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025

Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
4
Charitable activities:
5
LCCC
NIHE
Other
Ulster Scots
Other
6
EXPENDITURE ON:
Charitable activities:
7
LCCC
NIHE
Other
Ulster Scots
NET EXPENDITURE
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
13		 Unrestricted
funds
£
6,995
-
6,000
-
-
2,980
Restricted
funds
£

-

35,905

-

-

1,950

-		 2025
Total funds
£

6,995

35,905

6,000

-

1,950

2,980		 2024
Total funds
£

7,471

27,143

6,000

5,000

1,950

5,119
15,975
37,855
53,830
52,683
-
(7,445)
(21,736)
-
(35,905)

-

-

(1,950)
(35,905)

(7,445)

(21,736)

(1,950)
(27,143)

-

(29,387)

(1,950)
(29,181)
(37,855)
(67,036)
(58,480)
(13,206)
-
(13,206)
(5,797)
(13,206)
25,431
-

-
(13,206)

25,431
(5,797)

31,228
12,225
-
12,225
25,431

The notes on pages 10 to 14 form part of these financial statements.

Page 7

Lisburn PSP

Comparative Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025

Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
4
Charitable activities:
5
LCCC
NIHE
Other
Ulster Scots
Other
6
EXPENDITURE ON:
Charitable activities:
7
LCCC
Other
Ulster Scots
NET EXPENDITURE
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
13		 Unrestricted
funds
£
7,471
-
6,000
-
-
5,119
Restricted
funds
£

-

27,143

-

5,000

1,950

-		 2024
Total funds
£

7,471

27,143

6,000

5,000

1,950

5,119
18,590
34,093
52,683
-
(24,387)
-
(27,143)

(5,000)

(1,950)
(27,143)

(29,387)

(1,950)
(24,387)
(34,093)
(58,480)
(5,797)
-
(5,797)
(5,797)
31,228
-

-
(5,797)

31,228
25,431
-
25,431

The notes on pages 10 to 14 form part of these financial statements.

Page 8

Lisburn PSP Balance Sheet As At 31 March 2025

Notes
CURRENT ASSETS
Debtors
11
Cash at bank and in hand
Creditors: Amounts Falling Due Within One Year
12
NET CURRENT ASSETS (LIABILITIES)
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS OF THE CHARITY
Unrestricted Funds
TOTAL FUNDS
13		 Unrestricted
funds
£
8,975
25,370
Restricted
funds
£

-

-		 2025
Total funds
£

8,975

25,370		 2024
Total funds
£

12,383

33,775
34,345
(22,120)
-

-
34,345

(22,120)
46,158

(20,727)
12,225
-
12,225
25,431
12,225
-
12,225
25,431
12,225
-
12,225
25,431
12,225
25,431
12,225
25,431

02 Feb 2026

These financial statements were approved by the trustees on ..................................... and authorised for issue on

02 Feb 2026

..................................... and signed on their behalf by

A Bird

Mr A Bird Trustee Date 02 Feb 2026

The notes on pages 10 to 14 form part of these financial statements.

Page 9

Lisburn PSP Notes to the Financial Statements For The Year Ended 31 March 2025

1. General Information

Lisburn PSP is a company limited by guarantee, incorporated in , registered number and registered charity number 102758. The registered office is .

2. Statement of Compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

3. Accounting Policies

3.1. Basis of Preparation of Financial Statements

Lisburn PSP meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Presentation currency and level of rounding

The presentation currency is £ and the level of rounding is to the nearest £.

Income and endowments

All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of

performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.

Gift aid tax recoverable is recognised on the date of the respective donation.

Fundraising income is recognised on the date of the event taking place.

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released. Gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Expenditure

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 be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation 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 purposes.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

...CONTINUED

Page 10

Lisburn PSP Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

3.1. Basis of Preparation of Financial Statements - continued

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between

the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

4. Income from Donations and Legacies

. Income from Donations and Legacies
2025 2024
Unrestricted Unrestricted
funds funds
£ £
Donations and gifts 6,995 7,471

5. Income from Charitable Activities

LCCC
NIHE
Other
Ulster Scots
LCCC
NIHE
Other
Ulster Scots		 Unrestricted
funds £
-
6,000
-
-
Restricted
funds £

35,905

-

-

1,950		 2025
Total funds £

35,905

6,000

-

1,950
6,000
37,855
43,855
Unrestricted
funds £
-
6,000
-
-
Restricted
funds £

27,143

-

5,000

1,950		 2024
Total funds £

27,143

6,000

5,000

1,950
6,000
34,093
40,093

Grants, included above, are as follows:

Page 11

Lisburn PSP Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

6. Other Income

. Other Income
Other Income
. Analysis of Expenditure
LCCC
NIHE
Other
Ulster Scots
LCCC
Other
Ulster Scots		 2025
Unrestricted funds
£
2,980		 2024
Unrestricted funds
£

5,119
2025
Support
costs
(see note 8)
£
35,905
7,445
21,736
1,950
67,036
2024
Support
costs
(see note8)
£
27,143
29,387
1,950
58,480

7. Analysis of Expenditure

8. Support Costs

. Support Costs
Employee costs
General administration
Governance costs
Employee costs
General administration
Governance costs		 LCCC
£
20,000
15,905
-		 NIHE
£

-

7,445

-		 Other
£

9,783

7,880

4,073		 Ulster Scots
£

-

1,950

-		 2025
Total
£

29,783

33,180

4,073
35,905
7,445
21,736
1,950
67,036
LCCC
£
20,000
7,143
-		 Other
£

10,648

16,231

2,508		 Ulster Scots
£

-

1,950

-		 2024
Total
£

30,648

25,324

2,508
27,143
29,387
1,950
58,480

Page 12

Lisburn PSP Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

9. Independent Examiner's Remuneration

. Independent Examiner's Remuneration
Independent examination of the financial statements
0. Staff Costs
taff costs were as follows:
Wages and salaries		 2025
£
1,355
1,355
2025
£
29,783		 2024
£
834
834
2024
£
30,648

10. Staff Costs

Staff costs were as follows:

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.

11. Debtors

Due within one year
Prepayments and accrued income
Ulster Scotts Grant
PCSP Grant
Good Relations Grant
LCCC Arts - G debtor
2. Creditors: Amounts Falling Due Within One Year
Other creditors
Loans - Laganside Print
Accruals		 2025
£
3,000
975
5,000
-
-
8,975
2025
£
-
-
22,120
22,120		 2024
£
-
975
5,000
6,172
236
12,383
2024
£
420
2,260
18,047
20,727

12. Creditors: Amounts Falling Due Within One Year

Page 13

Lisburn PSP Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

13. Movement in Funds

3. Movement in Funds
Unrestricted funds
General:
General unrestricted fund
Designated:
Unrestricted funds
Total unrestricted funds
Restricted funds
Restricted funds
Total funds
Unrestricted funds
Designated:
Unrestricted funds
Restricted funds
Restricted funds
Total funds		 As at 1 April
2024
£
-
25,431
Income
£

6,995

8,980		 Expenditure
£

-

(29,181)		 As at 31
March 2025
£

6,995

5,230
25,431
15,975
(29,181)
12,225
-
37,855
(37,855)
-
25,431
53,830
(67,036)
12,225
As at 1 April
2023
£
31,228
-
Income
£

18,590

34,093		 Expenditure
£

(24,387)

(34,093)		 As at 31
March 2024
£

25,431

-
31,228
52,683
(58,480)
25,431

14. Related Party Disclosures

Lisburn PSP is a member group of The Resurgam Community Development Trust.

Page 14

Lisburn PSP

Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025

INCOME AND ENDOWMENTS FROM:
Donations and legacies
Fundraising Income
Charitable Activities:
LCCC
Lisburn CC
Lisburn CC - Hardship
Lisburn CC - Arts
Lisburn CC - Kings Coronation
Lisburn CC - CSG
Lisburn CC - FG
Lisburn CC - V Day
Choice Housing
NIHE
NIHE Grant Income
Other
Lisburn PSCP
Ulster Scots
Ulster Scots
Other
Other Income
EXPENDITURE ON:
Raising funds
Lisburn CC - Arts G
Bank charges
Charitable Activities:
LCCC
Wages and salaries
Lisburn CC - Arts G
Lisburn CCC - CSG
Lisburn CCC - KC
Lisburn CCC - Hardship
Lisburn CCC - V Day
Choice Housing Expenses		 2025
Total funds
£
6,995		 2024
Total funds
£

7,471

7,471

20,000

2,000

945

500

3,698

-

-

-

27,143

6,000

6,000

5,000

5,000

1,950

1,950

5,119

5,119

52,683

1

(1)

(20,000)

(945)

(3,698)

(500)

(2,000)

-

-

(27,143)
...CONTINUED
6,995
20,000
-
-
-
3,485
1,995
500
9,925
35,905
6,000
6,000
-
-
1,950
1,950
2,980
2,980
53,830
-
-
(20,000)
-
(3,485)
-
(1,995)
(500)
(9,925)
(35,905)

Page 15

Lisburn PSP Detailed Statement of Financial Activities (including Income and Expenditure Account) (continued) For The Year Ended 31 March 2025

NIHE
NIHE Project Costs
Other
Wages and salaries
Bank charges
Admin Costs
NIHE Project Costs
PCSP Project costs
Accountancy fees
Ulster Scots
Ulster Scots Project Costs
NET EXPENDITURE		 (7,445)
-
(7,445)
(9,783)
(461)
(7,308)
-
(111)
(4,073)
-

(10,648)

(306)

(5,079)

(5,846)

(5,000)

(2,508)
(21,736)
(1,950)
(29,387)

(1,950)
(1,950)
(1,950)
(67,036)
(58,480)
(13,206) (5,797)

Page 16