Company registration number.. N1063330 Charily registration number.. 102975 Belfast Orangefest IA company limited by guarantee) Annual Report and Financial Statements for the Year Ended 28 February 2025 Belfast Orangefest Contents Reference and Administrative Details Trustees. Report 2105 Independent Examiner's Report 6t07 Slalemenl of Financial Activities Balance Sheet Notes lo the Financial Slalemenls 1010 15 Belfast Orangefest Reference and Administrative Details Trustees Mr Mervyn Bishop Mr William Mawhinney Mr William Hughes Mr Spencer Beattie Mr Raymond Spiers Mr Wilson Finlay Rev Mervyn Gibson Mr William Mawhinney Secretary Charity Registration Number 102975 Company Registration Number N1063330 Registered Office 177 Shankill Road, Belfast Northern Ireland BT13 1FP Independent Examlner RBCA Limited Chartered Accountants Linenhall Exchange 26 Linenhall Streel Belfast BT2 8BG Bankers Danske Bank Limited Donegall Square West Belfast BT16JS Page 1 Belfast Orangefest Trustees. Report The Iruslees, who are directors for the purposes of company law, present the annual report together with the financial slalements of the charitable coimpany for Ihe year ended 28 February 2025. Objectives and activities The companls objeclives and principal aGtivilies are lo.. Promote the Belfast 12th Celebrations in a manner that is increasingly acceptable and welcoming to Promote all Orange events in Belfast in a manner that allows all lo attend and this is being achieved through our theme "Education through Celebration" The main objeclives and activities for the year continue lo focus on the theme "Education through Celebration" in a wide variety of events such as: Launch of the Belfast 12th.. Band performances, Highland Dancers, Lambeg Drumming, Poetry The 12th Celebrations.. bands, parades, historical re-enactments, children's entertainment Arl, Poelry, Photographic and short story competitions for Primary, Secondary and young adults Partnership with Belfast City Centre Managemenl and ils wider network lo show that Belfast City Centre is open and welcoming on 12th July for everyone Promote the 12th July as a fully Family Friendly through separate projects event striving to negate any possible anti-social behaviour from any quarter Promote the 12th July as a Tourist attraction and increase footfall in Belfast Cily Centre Actively continue in the process to altempl to get Elhnic Minorities to participate in our information programme Public benefit The public benefit of the charilable company is- to advance education about the Orange institulion's, history and traditions lo the general public and our members. The direct benefit from these purposes is that the beneficiai'ies will gain knowledge aboul the history, literature, cultural traditions and music of the Orange inslilution. A further benefit of advancing culture is that the heritage of the Orange institution will be preserved for generations to come, Through our activities we are bringing people together to experienGe our Iradilions which brings great enjoyment to many people, for example our 12th July celebrations brings many families from across Northern Ireland out to enjoy the parades and entertainmenl provided completely free of char9e. We are continually working lo promote and expand this festival to all the people. We support the many conslituenls lo promote our traditions by the provision of Ulster Scots dancing and Marching bands instruction again completely free of charge. The direct benefit that comes from advancing the education of the general public about our traditions is that il will promote a greater understanding and awareness of our traditions within and wilhoul our core membership. We see this as an important role in promoting good community relations with all other cultural traditions. By educating others we aim lo challenge myths and stereotypes about the Orange instilulion, for example, we offer open days in Schools, Youth and Community groups so that people who so wish may improve their understanding of our aclivilies. Page 2 Belfast Orangefest Trustees. Report Achievements and performance Belfast Orar)gefest are a Nol-for-Profil Charity Registered Organisation and as such rely almost completely of Funding from several sources to remain operational. After a fairy dry period in 2023 early 2024 with apprecialions lo our two main funders (Belfast City Counoil and The Department for Communities) we have re-invigorated the organisalion in 2024 with plans already progressed for 2025. During this reporting period we had a significant success with our Annual 12th July activities held in the Belfast City Hall Grounds and at the Parade Demonslralion area for the first time in several years on Friday 12th July 2024. We also have organised and allendedlsupported many of our own core values of of Remembrance, This was made possible due lo late Funding reGeived from Belfast City Council which allowed us lo provide for all entertainment, Food Market, Mini Circus style aclivilies, Street circus, Tours of the City Hall, and similar but smaller al the Demonslralion Field., all of which were in and around and in support of the 12th July Parade in Belfast, resulting in larger thal usual attendances al both events. This also include Cily Centre Shop Opening on the 12th July which proved to be success for Retail oullels. Financial review During the year the charitable company received income of £68,436. The costs in the year were £53,787 which resulted in an overall surplus of £14,649. Plans for future periods Plans have already been implemented for a repeat (albeit improved and enhanced) City Hall Grounds Projecl for 2025, once again with appreciations being exlended lo the Belfast City Hall in providing the Funding stream. The Departmenl of Communities have also re-insligated Funding for Project Costs inclusive of Office, Staff Paymenls and Other Costs in 2025 whiGh has enabled Belfast Orangefesl lo resume ils core Aim of providing a drop-in service lo the Communities where we can assist their requiremenls andlor signpost them to areas which can assist. It is believed that this is a vital parl of our core objectives that is only possible because of the Departments decision to re-instale our Funding for 2025 and we sincerely hope beyond. Page 3 Belfast Orangefest Trustees. Report Structure, governance and management The organisalion is a company limited by guaranlee, incorporated on the 1st of January 2007 and awarded charitable status on that same dale. Thie charitable company registered with the Charity Commission for Northern Ireland on 25th June 2015 {Charily Registration Number N IC 1029751. The Company was established under a Memorandum of Association and is governed under its Conslilution. Belfast Orangefesl h8s a Board of Directors of 7 members and an Advisory l Management Committee of 14 members who meet on a monthly basis and are responsible for the strategic direction and policy of the company. There is also a Director of Development who is in attendance but does not qualify for voting rights at these meetings. A procedure of delegation is employed by the Management and Advisory Committee lo the Director of Development who is charged with the day lo day responsibilities of the company and has the operational management responsibility for Ihe adherence lo good governanGe and working practices. Recruitment and appointment of trustees The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles. Under the requirements of the Constitution the members of the Board of Directors are elected to serve for a period of one year after which they must be re-elected al the next Annual General Meeting. The traditional skills of management and company-related practical skills are well represented by the Board of Directors. Trustees and officers The trustees and officers serving during the year and since the year end were as follows.. Trustees.. Mr Mervyn Bishop Mr William Mawhinney Mr William Hughes Mr Spencer Beattie Mr Raymond Spiers Mr Wilson Finlay Rev Mervyn Gibson Secretary: Mr William Mawhinney Page 4 Belfast Orangefest Trustees. Report Statement of trustees, responsibilities The trustees {who are also the directors of for the purposes of company lawl are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting PraGlicel, including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Company law requires the Iruslees lo prepare financial statements for each financial year. Under company law the Iruslees musl not approve the financial statements unless they are satisfied that they give a true and fair view of the stale of affairs of the charitable company and of the incoming resources and application of resources, including ils income and expenditure, of the charitable corn pany for that period. In preparing these financial slatements, the trustees are required lo: select suitable accounting policies and apply them consistently., observe the methods and principles in the Charilies SORP., make judgements and estimates that are reasonable and prudent., state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements., and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The Iruslees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small companies provision statement This report has been prepared in accordance with the small companies regime under the Companies Act 2006. 01 Nov 2025 The annual report was approved by the Iruslees of Ihe charity on behalf by: and signed on ils Mr Mervyn Bishop Trustee Page 5 Belfast Orangefest Independent Examiner's Report to the trustees of Belfast Orangefest ('the Company.) I report lo the charity Iruslees on my examination of the accounts of the Company for the year ended 28 February 2025. Responslbllities and basis of report As the charity's trustees of Belfast Orangefest land also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies AGI 2006 {'the 2006 Act,). Having satisfied myself that the accounts of Belfast Orangefest are not required lo be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounls as carried out under section 65 of the Charities Act (Northern Ireland) 2008 ('Ihe 2008 Act,). In carrying out my examination I have followed the Directions given by the Charily Commission for Northern Ireland under section 6519)(bl of the 2008 Act. An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all Ihe mallers that an auditor considers in giving their opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently l express no opinion as to whether the accounts present a 'lrue and fair, view and my reporl is limited to Ihose specific mallers set out in the independent examiner's slalemenl. Basis of independent examiner's report My examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under section 65{9){b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes Consideration of any unusual items or disclosures in the accounts and seeking explanations from you as charity trustees concerning any such matters. My role is lo stale whether any material mallers have come to my attention giving me cause lo believe: 1. That accounting records were not kept in accordance with section 386 of the Companies Act 2006; 2. That the accounts do not accord with those accounting records- 3. That the accounts do not comply with the accounting requiremenls of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland., and 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examiner's statement I have completed my examination and have no concerns in respect of the matters {1) 10 (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no mallers that require drawing lo your attention. Page 6 Belfast Orangefest Independent Examiner's Report to the trustees of Belfast Orangefest ('the Company,) S4 Brian Stewart For on and behalf of RBCA Limited Chartered Accountants Linenhall Exchange 26 Linenhall Slreet Belfast BT2 8BG 02 Nov 2025 Dale.. Page 7 Belfast Orangefest Statement of Financial Activities for the Year Ended 28 February 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestricted funds Total 2025 Total 2024 Note Income and Endowments from.. Charitable activities 68,436 68,436 4,278 Total income 68,436 68,436 4,278 Expenditure on: Charitable activities 53,787 53,787 15,6141 Total expenditure 53,787 53,787 15,614) Net income/{expenditurel 14,649 14,649 11,336 Net movemenl in funds 14,649 14,649 {11,336) Reconciliatlon of funds Total funds brought forward 600 600 11,936 Total funds carried foNard 15,249 15,249 600 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 9. The notes on pages 10 10 15 form an integral part of these financial statements. Page 8 Belfast Orangefest (Registration number: N1063330) Balance Sheet as at 28 February 2025 2025 2024 Note Current assets Cash al bank and in hand 16,249 1,036 Creditors: Amounts falling due within one year 1,000 {436) 600 Net assets 15,249 Funds of the charity: Unrestricted income funds Unrestricted funds 15,249 600 Total funds 15,249 600 For the financial year ending 28 February 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating lo small companies. Directors, responsibilities: The members have not required the charity lo obtain an audit of ils accounts for the year in question in accordance with section 476., and The directors acknowledge Iheir responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These financial statements have been prepared in aGcordance with the special provisions relating lo companies subject lo the small companies regime within Part 15 of the Companies Act 2006. The financial slalements on pages 8 to 15 were approved by the Iruslees, and aulhorised for issue on 01 N.o.y. 2.Ql5.. and signed on their behalf by.. Mr Mervyn Bishop Trustee The notes on pages 10 10 15 form an integral part of these financial statements. Page 9 Belfast Orangefest Notes to the Financial Statements for the Year Ended 28 February 2025 1 Charity status The charity is a public benefit enlily and a private company limited by guarantee, registered in Northern Ireland and a registered charity in Northern Ireland. The address of the registered office is 177 Shankill Road, Belfast, BT13 1 FP. 2 Accounting policies Summary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparation of Ihese financial statements are sel out below. These policies have been consistently applied to all the years presented, unless otherwise slated. Statement of compliance The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)) {issued in October 2019) Icharities SORP {FRS 1021), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 and the Companies Act 2006. Basis of preparation Belfast Orangefest meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised al historical cost or transaction value unless othenmise staled in the relevant accounting policy notes. The financial statements are prepared in sterling, which is the functional Gurrency of the entity. Going concern The trustees consider that there are no material uncertainties about the charitvs ability to continue as a going concern nor any significant areas of uncertainty that affect the carryin9 value of assets held by the charity. Fund structure Unrestricted funds 8re available for use at the discretion of the trustees to further any of Ihe charitls purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds. Page 10 Belfast Orangefest Notes to the Financial Statements for the Year Ended 28 February 2025 Incoming resources All incoming resources are included in the stalemenl of financial activities when entitlement has passed to the charity,. it is probable that the economic benefits 8ssocialed with the Iransaclion will flow to the charity and the amount can be reliably measured. The following specific policies are applied lo particular categories of income= income from donations or grants is recognised when there is evidence of entitlement to Ihe gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured al the fair value of the goods unless this is impractical lo measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of ServI￿S is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for il lo be spent on 8 particular purpose and returned if unspent, in which case il may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities lo which it relates.. expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expendilure categories reflecting the use of Ihe resource. Direct costs attributable to a single activily are allocated directly to thal aclivily. Shared costs are apportioned between the activities they contribute lo on a reasonable, justifiable and consistent basis. Page 11 Belfast Orangefest Notes to the Financial Statements for the Year Ended 28 February 2025 Financial instruments A financial asset or a financial liability is recognised only when the charity becomes a party lo the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Currenl assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured al amortised cost. Where investmenls in shares are publicly traded or their fair value Gan othe￿iSe be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised al fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the fulure payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured al fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured al cost or amorlised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial aGtivities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, lo the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been reGognised. 3. Limited by guarantee The company is limited by guarantee and has no authorised or issued share capital. The company has charitable status accepted by the Charity Commission for Northern Ireland under reference N IC 102975. Page 12 Belfast Orangefest Notes to the Financial Statements for the Year Ended 28 February 2025 4 Income from charitable activities Unrestricted funds Other Total 2025 Total 2024 Department for Social Development Belfast City Council. Awards for All 20,231 48,000 205 20,231 48,000 205 4,278 68,436 68,436 4,278 5 Expenditure on charitable activities Unrestricted funds Other Total 2025 Total 2024 Charitable aclivilies 53,787 53,787 15,614 6 Trustees remuneration and expenses No trustees received remuneration or other benefits through employment with the charity {2024: £Nil). 7 Staff costs The aggregate payroll costs were as follows.. 2025 2024 staff costs during the year were: Wages and salaries 11,000 The monthly average number of persons linGluding senior management I leadership team) employed by the charity during the year expressed as full time equivalents was as follows.. 2025 2024 Management staff No employee received emoluments of more than £60,000 during the year {2024'. £Nil) Page 13 Belfast Orangefest Notes to the Financial Statements for the Year Ended 28 February 2025 8 Creditors: amounts falling due within one year 2025 2024 Other creditors Accruals 233 203 1,000 1,000 436 9 Funds Balance at 28 February 2025 Balance at 1 March 2024 Incoming resources Resources expended Unrestricted funds General 600 68,436 53,787 15,249 Balance at 29 February 2024 Balance at 1 March 2023 Incoming resources Resources expended Unrestricted funds General 11,936 4,278 15,614 600 Page 14 Belfast Orangefest Notes to the Financial Statements for the Year Ended 28 February 2025 10 Analysis of net assets between funds Total funds at28 February 2025 Unrestricted funds General Current assets Current liabilities 16,249 1,000 16,249 11,000) 15,249 Total nel assets 15,249 Total funds at29 February 2024 Unrestricted funds General Current assets Current liabilities 1,036 (436 600 1,036 {4361 Total net assets 600 Page 15