Charity No- 103009 Company Reglstratlon No. Nl 027803 HMRC Charities ReleTen¢e No.. Nl 01354 TEMPLE14JORE USERS TRUST TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 M¢Gulre + Farry Llmitgd Chartered Certified Accountar and Statutory Audltor TEMPLEMORE USERS TRUST TRUSTEESIDIRECTORS AND OTHER INFORMATION DIRECTORS: R L Teague C A Gilmore E M Stewart G E Pr(￿t￿r R W HiggitTrs W D SlaffoTd S J Blakby SECRETARY.. R W Higgins REGISTERED OFFICE: McGuir8 + Farry Limited Ernerson House 14b Ballynahin(* Road CarrydLJff Bellasl BT8 8DN COMPANY NUMBER: NI 027803 HMRC CHARITY NUMBER.. Nl 01354 CHARITY NUMBER: 103009 BANKERS: Ulster Bank Limited 431 Newtownard8 Road Connswaler Belfast BT4 IAQ Nationwido Building Society Kings Park Road Northamplon NN3 6NW SOLICITORS- King & Gowdy 298 Upper Newtownards Road Belfa81 BT4 3EJ INDEPENDENT EXAMINERS.. McGulrÉ + Farry Llmlled Emerson Hou88 Cairyduff Bellasl BT8 8DN TEMPLEMORE USERS TRUST GONTENTS Trustees Report IndèpèE)dént Examinerfs Report Slalemgnl of FinanGial Activities Incorne and Expenditure A¢¢ounl Slalemenl of Financial Position 7-10 Noles lo the Financial Slalemenls TEMPLEMORE USERS TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 The trusteés present their report and independently examined financial statements for the year ended 30 Seplernber 2025. The financial 51aletnenls have been prepared in accordance with Ihe accounting policies sel out in note 1 to the financial staleTnents and comply ¥vhh the Accounting and Reporting by Charities: Statement ol Recommended PraCt￿e applicable lo challties preparing their aceounls in accordance with the Financial Repo￿ng Stand8rd applicable in UK and Republic of Ireland IFRS102116ffèctive 1 JanLJary 20191 Prln¢lpal activity Dyring Ihe year lo 30 Sepletnber 2025, Tèmptemore Users Trust continued to facilit8te the provision of swimming le88ons, recreational swimming, 8nd swim sehool classes. structure, governance, and management Templemore Users Tiusl is a charitablé company limited by guarantee not having any share Capital aMI reoistered under the Companie8 Act 2006. Thé board is comprisèd of a team of volunteers who mèet monthly, and the day-lo-d8y ¥unning of the centre 18 managed by David Elliott alon9$ide an experien¢¢d team of ￿8¢hIng staff. Charlty history and objectives Templemre Users Trust is a rec(￿niSed charity and op6ratès in a communlly-basad facility providiThJ swimmit)g lèssons in the interest of social welfare with the objodive ol imwovin9 the ¢ondilions of lile of the inhabltants of East Belfast and ils environs. Flnanclal Review The financial performan¢e forlhe year was In line wlth the expectations of Ihe board and are sel oul in detall on pages 4 10 6. Net incoming resources lor the year amounted to £185,37012024.' £181.0521 and reported a net deficlt for the year of1£25,350112024'. nel deficit £51,195) Turnover refleds the conlinuèd tTading for th6 year to 30 September 2025 operatSng from the relurblshed pool at Templemore Avenue wheie Ihg chaiity ielurned to as anchor tEnant in September 2024. The princjpal source8 of income and funding can bè broken down as follows,. Swim S¢hool In¢orlle Other Pool Income Grant Income Interest Received 144.297 13,446 1,3(K> Future Plans The Swmming pool al Templèmor6 Avenue reopened in Summer 2023 following a peri￿1 of closure lo facilitate substantial refurt)ishmenl fundtsd by Belfast City Council and The National Lottery Heritage Fund. The Charity reluined io Templetnore Avenue and continued to offer a variety Of swimming dasses for all ages and The accounts lorlho year lo 30 September 2025 report a nel del¢clt ol1£25,3501 which is the second year returning lo Templerllore Avgnue, and the strategic plan of the board is lo ctsnlinue lo grow the number ol swimmers. A fall in grant income provided by Belfasl City Council along with additional costs in particular lor pool hire has impacted the profitability of th8 Charity. and the I￿ard m8ét rÈgu18rly to discL¢SS cost saving measures and opportunities ol obtaining further grsnts, Tho Charily is fortunate lo have enough cash reserves lo be able lo slay on lop of ils needs and are striving lo grow Iheii nurnbgl of swimmers. The board continue to SOLfrce available grants lo help support ¢ts cause. TEMPLEMORE USERS TRUST TRUSTEES, REPORT ICONTINEDI FOR THE YEAR ENDED 30 SEPTEMBER 2025 statomont of trustees, responslbi1111gs The Iruslees (who are also directors for the purposes of company law} are responsibl¢ for preparfng Ihe Trustees, Report and the finanGial statements in accordance with applicable law and regulation5. Compary law requires the trustees to prepare financial Slalements for each financial year. Llnder that law Ihe trust&&s have elected to prepare the financial stalemenls in accordance with United Kingdom Generally Aee6Pted Practicè (Uniled Kingdom Accounting Standard5 and applicable lawl. Under company law thè Iruslees musl not appiovo th6 financial staleThen15 unless they a￿ Satisfied that they give a true and fair view of the State of affairs of Ihe cotnpany and th& surplus or deficit ol the charity for that period. In preparing thèse fin8nei81 statements. the trustees are required to." > Sglool $u41able a¢countin9 po¢iGies and the%) apply IhEm consistenlty Obsetve the methods and principals in Ihe Charities SORP., Make judgements and aGoounling estltnates that are reasonable and piudenl- and Piepare the fin8nci81 statements on lh6 going conc6rn basis un￿sS It is irEappiopri8le lo presume that th8 company will continue in busin¢ss. The Iruslees are responsible for koeping piopeT accounling records that ale sufficionl lo show and explain the Ir8nsaolion$ and disclose with reasonable ￿C￿raCY at any time the financial p08ilion of Ihe charitable company and lo enable them lo ensure that the financi81 statèmènls eomply with the Companiès Act 2￿6, the provisions of the Slalèmenl of RÉcommènd6d Practic6 ISORPI, 8pplicable lo charities prepAring théir accounts in 8ccordancÈ with Financial Reporting Standard applicable in the UK gncl R9publi¢ ol Ireland IFRS 1021, They are also responsible for 8afeguaiding the assets of the charity and hence for taking reasonable step8 for the prevention aniJ d8leclion ol Iraud and other iiregularilies. The trustees, repori was appitsved by th& Btsard of Trustees. Slgn.. Date- Robin Higgin8 ornpany Sécretary TEMPLEPIJORE USERS TRUST INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 In(1gp•ndènt èxamlnor's r&port to the charity trustges of Templemore Users Trust I roport on the accounts of the Trusl for the year ended 30 September 2025. which are set tsut on pages 4 to 6. Respective re8ponslbilitles of charlty trustees and examlner As thè charity's IrustèÈs (Ènd also the directors of the company for the purposes ol company lawl you are responsibl& for thfj prep8ralion of the acwunls in accoidance with the iequiremenls ol the Companies Act 2006. Having 5alisfied myself that the chaiity is not subject ¢0 audil under company law, and is eligible for independent examinatitsn. it is tny lesponsibility lo.. examine the accounts under section 65 of the Charities Act INorthem Ireland) 2008.. follow the proceduios lald down in the general Directions given by the Commlssion under se¢don 6519llbl of the Charities Act. slate whether particulai matt8rs have comè lo my altentlon. BasÈs of independent examiner'$ report I have examined your charity accounts as required under section es ol the Charities AGI and my gxaminalion was car¥ied out in accordance with the general Dir8Ctions giv8n by the Charity Commlsston for Northern Ir818nd under 8eclion 6519llbl of the Charities Act. The examination included a ￿VIeW of tho a￿OUntIng re¢ords kept by the chartly and a ¢omp8rfson of the a¢¢ounls presellled with those records. 11 also included consideration ol any unusual iletns or disclosures in the accounts. and 8eekiiig explanalN)ns frorn you 8s Cha￿tY Iwsteès concerning any such matters. My role is to state whether any maler481 mallers have corne to my att&)Ilon giving me Cause lo beliove- That arxounlin9 record$ were not kept accordance wlth sectlc*) 386 Df the Companles Act 2006. 2. That the acwunls do not accord ￿th those accountin9 records 3. That the accounts do not wmply with the accounting requiretnents of sectiorj 396 01 the Compallies Act 20( and wilh the methods and piirKiple5 of the Chaiitles Staletnent of Recowtnended Pract￿e applicable lo charities preparing their aocol￿18 ID accordance with the Financlal Reportlng $18ndard applicable the UK and Republic of Ireland. 4. That the￿ 18 further 1nfoimali￿ needed for a prop￿ ¢Jnderstanding ol the accounts to be reached. Independent gxamlnerfs stalgrnent I have completed my examination and have no concerns in respect of the malters11) 10141 listed abwo and, In connection with folK)wing the Dlreclions of the Charity Comtni5SIDn for Northem Ireland, I havg found no mallers th81 require drawing lo yO￿r allenlion. Brlan Raymond McGuire FCCA For and on behalf of McGuire + Farry Ltd Rgglstered Auditor and Chartered Certified Accountants E￿eT￿on Hous& 14b Ballynahinch Road Carryduff BELFAST BT8 8DN Signed.. Date-. TEMPLEMORE USERS TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025 Not85 Restricted Unrestrl¢ted Funds Fund¥ 2025 Total 2024 Total Incoming Resource¥- Trading Actlvit188 157,743 157,743 132.799 Grant Income 1.300 1,300 Inlerest 26,327 26,327 28.209 Totsl Incoming Resources 1.300 184,070 185,370 181,052 Rtr¥ources Expended.. Trading Aclivilies 1,300 2D2,835 204.135 224,274 Governance Costs 6,140 6.140 7,559 Depreciation 445 445 414 Total Resources Expended 1,300 209,420 210,720 232,247 SurplusllDeficitl on actlvltles 125,3501 (25,3501 151,1951 Fund balance5 al 1 October 2024 731,803 731,603 782,798 Fund balances al 30 September 2025 706,253 708.253 731,603 All income and expe￿lI￿re derive from continuing activities. The slalemenl of financial actlvities includes all gains and Ioss6s recognis&d during the year. TEMPLEMORE USERS TRUST INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Notes 2025 2024 Net Income Swim School Sncome Other Pool Income Grant Income Inlerest Received 144,297 13.447 1.300 26.326 132.799 20,044 28,209 185,370 181,052 Net Expenditure Salaries and Wages Employers Pènsion Costs Telephone & 8roadband Piinling, Postage and Stationery Website & Computèr Pool Hire Swim Sthool Expenses Advertising and Markeling Training, SLJbscriptions. Unifoms Insurane8 Rent ank Charges Accountancy Fees Bookkeeping Fees Legal 2nd ProfessionÈl Donations Sundry Expenses Enlert&inmenl Depreciation- Plant and Equlpment 127,065 839 287 95 2,281 57,212 5,895 386 4.268 3,538 1,fQ4 740 3.000 2.967 173 100 137,961 1,025 259 48 28C) 63,841 5,740 2,256 2,630 5,484 1,531 437 3.540 4,C119 1,900 504 380 414 325 445 210,720 232,247 SurplusllDèflcltl for Yèar I25,3￿) {51,1951 TENIPLEMORE USERS TRUST STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 30 SEPTEIABER 2025 Notè8 2025 2024 Fixed Assets 1,3S6 1,812 Currgnt Asset6 Debtors and Prepayments Cash al bank 23,211 728,053 20,282 741,080 751.264 761.362 Credltors: amounts falling due within one year 46,377 31,571 Net Curmnt Ass•t$ 706.252 72g,791 Total assèts lèss eurrènt Ilabllitl•$ 7(E.253 731,603 Funds General unfestricted funds 706,253 731,603 The not6s at P8g&s 7 to 10 f￿M part of thésé accountg For the year ending 30 September 2025, the company was enlilled lo axemplion from audit under s6Ction 477 of the Companies Act 2006 relating to small companies. Directors, responsibilil&s'. The members have not required Ihe company lo obtain an audit ol its flnancial slalements for the year in queslion in accordance with section 476., The directors acknowledge their responsibilities for complying with the requirements ol the Act wilh respect lo accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with Ihg provision8 applicable to companies. subjèct to the small companies, regime and in accordance with FRS lQ2'The Financial Reporting Standard applicable in the UK ar¢d Republic of Ireland pplying Section 1A of that Slandard. Signed on hal rd of Truslees. Sign: Sign: Mr Gary Proctor Trust99 Mr Robln HSgglns Trustee Date: Date: i&-z- z Company Registratlon No N1027803 TEMPLEMORE USERS TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 ACCOUNTING POLICIES Basls of Accounllng The financial statements are prepared under the historical cost convention and comply with *lems recognised al cost or transaction value unless olhetwise staled in the notes to the accounts. The Financial Stalèments have been prepared on a going concern basi8 in 8¢cordanc8 with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to ehsrilles preparing their Accounls in accordance with the Financial Reporting Standard applicable in UK and Republio ol Irejand IFRS1021- (Charities SORP IFRS10211 Ineomlng Rèsourcès In¢omo of the charity roprtssonls monies recelved from g￿erating aclivltse$ Such as swim school income. Other pool incomè comprisés of community swims, Trfathlon Club, gala8, summer Scheme and pool hire. GrAnt ItlCt)m6 is réeogniséd irt Ihè Statement of Financial Activities when (he charily is legally entitled to Ihe n¢omo, It Is probaLile that the incorne will be re￿ived, and Iho amount can be reliably measured. Grants relating to Specif￿ PUFposes are ieeognised as reslrfcted in¢owDe. Grants received in advance of 8n11t￿ment 8Fe deferred and recogni8Èd whèn the conditlons 811ached to the grant have been met. 8ank interest rectyved Is a¢¢ounled lor on an accrual's basis. Expèndlturè All expendtture is accounted for on the accruals basis and has been dassified Lsnder headings that aggregate all costs related lo the category. Expenditure is ￿Count$ed where there is a legal or constructive obligation to make payments lo third parties, il is piobable that the settlement will be required. and the amount of the obligation can ba measured r6litbly. Where costs cannDI be diieclly atlribuled to particular headings, they h8v$ all btsen allLKaled to activities on a basis consistent with the use of resources. Govemance costs inelud& aecouniancy. legal, consultancy and othÉr administration costs nol attributable to generating funds or seNi¢e ol the swim centre Tangibl8 Flxed Assets Tanglblo fixed ass&l8 ar6 slated al ¢ost lor deemed ¢ostl or valuation le83 accumulated depreciatlon and acoumulaled impairfflgril105ses. Cosl include5 Costs diieclly attribulab5e to making the asset capable ol operating as Ènlended. Dèpréeiation Is providèd on all tsngible fixed assets. at r8t8s calculated to Write off the cost. less estimated rosidual value. of each asset on a systematic basis ove( ils expocled uselul life a8 lollow8.' Office Equipmenl.. &year Straight Line Ba515 Impalrment Assets nol measured at fair value are reviewed for any indlcatlon Ihal the as881 may be impaired al each balance sheet date. If such indication exists, the recoverable amount of lh& as881, ot 8ssel's cash geneialing unil, is eslimaled and compared lo the cairying afflounl. Where the carrying amount èxceéds it$ recoverable amount, an impairment loss is recognised in profil or Ic>ss unless the asset is carried al a revalued amount where the impairment loss is a revaluation decr8aSÉ. TEMPLEMORE USERS TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 ACCOUNTING POLICIES Icontlnued) Provlslons Provistons are recognised when the charity has an obligation al the balance sheel date as a result of a p8$1 evelll, It is probable that all ouffiow of economic benefrt5 will be required in sellleme¢)t and the amount can be rellabty eslunalgd, Employttr beneflt¥ Vvhen employees have rendered service to the chaiity, short-lemi employee benefits lo which thè employ8es are enlilled are rècognised al the tsndiscotsnted amount expe¢led lo be paid in exchange foi that setvi¢&. The charily operates a defined Conlribulon plan for the benefit of its employees. Conlribulion$ ai8 expen8ed as they become payable. Tax The charity is an exempl charity within the meaning ol the Charities Act and meets thè dèfinition of a charitable company lor UK corporation tax purposes. Debtoi$ and ¢reditors receivable I payable withln one year Deblors and Creditors with no slated interest rale and receivable or payable within on¢ year are recorded at transaction price. Any knsses arising from irnpaÉrfflenl ale recognised in expEnditure. Cash Flow Statement The cornpany has taken advantage of the exemption provided by Financial Reportin9 Standard 1 and ha8 not prepared a Cash Flow Statement for the year, Fund Accounting The Restricted funds are to be used for specified purposes by reference to the donor. Expenditure which meets these criteria is idenlified lo the fund, logelh81 with a fair allocal¢on of overheads and costs. UnreslriG18d funds represent olh&r incom1r￿ r8souroes received or generated for charilablo purpos6s, expendable al the discretion of the Truslees in furtherance ol the objects of the Chaiity. Golng Concgrn The financial slalemenls have been prepared on a golng COr￿ern basis as Ihe trustee5 believe Ihal no material un¢ertainlies exist. The IFuslees have ¢on$idered th¢ level of funds held and the expected level of income and expendiluie lor 12 months from aulhoiisiTrg these finanGi81 slalements. The budgeted incoma and èxpèndilur8 is sufficienl with Ihelgvel ol iesetves for the charity lo be ablo lo continue as a going conc6rn. TEMPLEMORE USERS TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 GRANTS RECEIVABLE 2025 2024 Belfast City Council Giants Parkie Paddlers Gralll Ideferredl 840 460 1.300 20,044 INCOME FROM INVESTMENTS 2025 2024 Bank Inler8sl- Deposi15 26.327 28,209 TANGIBLE FIXED ASSETS Plant and Offlce Equlpmsnt Equlpment Total Cost or Valuation . At 1 October 2024 73,693 2,225 75,918 Disposa18 173,6931 173,6931 At 30 September 2025 2,225 2,225 Depreclatlon - At 1 October 2024 73.693 414 74,107 Charge fcK Year 445 445 On Disposals 173,6931 173,6931 At 30 Septemb&r 2024 859 859 Net Book Value AI 30 September 2Q25 1.386 AI 30 Seplemb6r 2024 1,812 1,812 io. TEMPLEMORE USERS TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEIIIBER 2025 SUNDRY DEBTORS AND PREPAYMENTS 2025 2024 Bank Inl8resl Swim school income Dwing Prepaymonls 19,161 19.632 650 4,050 23,211 20,282 CREDITORS AND ACCRUALS 2025 2024 Trade Creditors Accountancy Fees Wages Lyin9 week Wages Payable PAYE Pensions Ronl Swim 8Ghool Income on Account Grant Income Delerred 5,725 2.040 1,518 2.201 484 32 4.951 840 2.881 1.453 47 170 21,229 23,178 11.199 46,377 31,571 ACCUMULATED FUND 2025 2024 Opening Balan 731.603 782,798 Su¥plusllDelicill for Year 125.3501 151,1951 Closing Balance 708.253 731,￿3 EMPLOYEE NUMBERS The average number of persons employed by the charity during thè yèar amounted lo 1612024.'151 CONTROLLING INTERESTS ThE Management of Templemoro Us815 TIu81 is carried out by the Board ol Trustèès. who colle¢lively control Ihe chaiity.