**Charity registration number NIC103103 (Northern Ireland) Company registration number NI036145**
**ALBERT STREET COMMUNITY CENTRE LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025**
## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** Mr D Power Mr G Fusco Mr F McCann Mr T Rocks Mr M Voyle Mrs C Neill (Appointed 15 January 2025) **Charity number** NIC103103 **Company number** NI036145 **Principal address** Maureen Sheehan Centre 106 Albert Street Belfast BT12 4HL **Registered office** 106 Albert Street Belfast BT12 4HL **Auditor** GMcG BELFAST Chartered Accountants & Statutory Auditor Alfred House 19 Alfred Street Belfast BT2 8EQ **Bankers** Danske Bank Donegall Square West Belfast BT1 6JS **Solicitors** Murphy O'Rawe Scottish Provident Building 4th Floor 7 Donegall Square West Belfast BT1 6JF
## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 4|
|Independent auditor's report|5 - 10|
|Statement of financial activities|11|
|Balance sheet|12|
|Notes to the financial statements|13 - 27|
## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MAY 2025**
The trustees present their annual report and financial statements for the year ended 31 May 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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 (FRS 102)".
## **Objectives and activities**
The trustees have taken cognisance of the Charity Commission for Northern Ireland's guidance on public benefit as defined in the Charities Act (Northern Ireland) 2008. The mission of the charity is to improve the physical and mental wellbeing of people in the Falls Ward by tackling key causes and effects of stress through a sustainable partnership of public agencies, community groups and voluntary organisations. This is to be achieved by fulfilling the following key objectives:
(i) to enhance the health-related skills and knowledge of local people and involve them in project delivery and evaluation;
(ii) to provide information, advice and referral services which empower people to make positive decisions about their health.
(iii) to provide and ensure access to education projects which improve the physical health and mental wellbeing of targeted groups.
(iv) to develop and facilitate community, voluntary and self-help activity which contributes to a healthier community; and
(v) to offer cancer, cardiac, stroke and diabetes rehab programmes under the Healthwise Scheme.
In practice, this translates to two core areas in which the charity is engaged:
(i) The operation of the Albert Street Community Centre facility, which provides the community with a range of services from community-based groups who lease units in the Centre from the charity.
(ii) The operation of the HEART Project which has been funded by the Public Health Agency (PHA) from January 2011 to date. The project was developed to provide the following:
- information, advice and referral services which allow people to make positive decisions about their health.
- access to education projects and courses.
- developing self-help activity which improves the physical health and mental wellbeing of people and contributes to a healthier community.
- offer accredited training to the unemployed and under employed to assist in securing employment.
- provide health checks in local communities and workplace settings.
- a mentoring programme aimed at vulnerable people to help them set goals for their future. Providing training and support such as counselling under the Communities in Transition Programme (CIT).
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## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025**
## **Achievements and performance**
The charity continues to provide high quality facilities to the community through the Community Centre complex.
As a result of the development of the HABIT Suite, which includes state of the art gym facilities, people can now access a project of physical activity under the Healthwise Scheme such as Exercise by Referral, Cardiac Rehab, Cancer Rehab, Stroke Rehab, Pulmonary Rehab, Diabetes Rehab and Obesity Rehab.
- The project has created an important piece of community infrastructure that facilitates other community based organisations to engage more fully in the issues of health and wellbeing.
- Local people have been enabled to access a wide variety of screening services.
- Many local people experiencing high blood pressure, high cholesterol and at risk of diabetes have been referred to general practitioners.
- A large volume of health education courses has been delivered on a variety of topics including smoking, medication use, drug and alcohol misuse, diet, nutrition and sexual health.
- Local people have been enabled to increase their level of exercise through walking club, swimming, pool
- therapy, cycling, danderball, water polo, circuit training, surfing, golf, kayaking, bowling, pickleball, gardening and cooking. - The charity has the Wheely Inclusive Cycling Project which is aimed at all regardless of abilities or disabilities and it has specially adapted bicycles funded through Active Belfast.
- The charity has a Brave Hearts over 50s men’s group and the Sweethearts over 50s ladies' group who can avail of a range of physical activities.
- The charity has a Gardening Programme, 'Headin 2 Horticulture', which operates in the garden of the centre, as well as Grosvenor Road Poly Tunnel and the Frank Gillen Centre.
- The charity is able to offer counselling and complementary therapy to those in its community at risk of suicide or self harm through the PHA's Protect Life Programme.
- One member of staff has trained in Cardiac Rehab Phase 4 and is delivering this each week from the Maureen Sheehan Centre with referrals coming directly from Cardiac Rehab Nurses.
- Two members of staff are trained for Cancer Rehab Phase 4 and there is a continuous programme being delivered since February 2013 in partnership with the Cancer Centre, MacMillan Cancer Services and Belfast Trust and Belfast Health Development Unit.
- Two members of staff and one volunteer have achieved Post Graduate Certificates in Cognitive Behavioural Therapy.
- One volunteer also completed a Phase 4 course in Neurological Conditions.
The Traveller Intervention Programme commenced in July 2017. This programme employs two members of staff and is now in its eighth year of funding. To date the project has been very successful with the community taking part in many of the services offered by Healthy Living Centres across North and West Belfast. Services include, Healthwise, Counselling, Complementary Therapies and walking and swimming groups and Tea and Talk Tuesdays.
One member of staff took early retirement but as our Social Prescriber’s funding was exhausted and as the Social Prescriber was trained in all the same specialities as the retired member of staff, she was able to step into her role.
We have received funding from the MDT’s (Multi-Disciplinary Team) Seed Funding. These are small bits of funding up to £4,000 which have been awarded for different purposes such as Couch to 5K, Gardening Programme, Equine Therapy and for activity for the ‘Tea and Talkers’.We receive money from the Safe Food, Transform Your Trolley Programme, which allows us to teach cooking skills on a budget to our participants.
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## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025**
We received £5,000 from the Falls Partnership Initiative (FPI) towards the ‘Headin in 2 Horticulture’ Gardening programme.
We also received £2,500 from the Kew Gardens ‘Grow Wild’ Programme to help with the gardening initiative.
We continue to receive Better Days Pain Support Programme (BDPS) but only one per year now.
## **Financial review**
The results are set out on pages 11 to 27. The charity generated net expenditure of £36,792 (2024 - £19,364). At 31 May 2025 the charity had total unrestricted funds of £76,445 (2024 - £104,118) and total restricted funds of £263,814 (2024 - £272,933).
## **Reserves Policy**
The charity's reserves policy is to retain a level of unrestricted reserves that matches the needs of the organisation both at the current time and in the foreseeable future. The charity aims to hold reserves that are sufficient to meet committed grant expenditure and the running costs for a period equivalent to twelve weeks annual expenditure. The board of trustees has developed a plan to establish and maintain this agreed level of reserves and will continue to monitor compliance and appropriateness of this policy on an annual basis. At 31 May 2025 the charity had free reserves of £66,806 (2024 - £91,770). This equates to approximately seven weeks of expenditure.
## **Plans for future periods**
The charity plans to continue the activities outlined above in the forthcoming years, subject to satisfactory funding arrangements.
## **Structure, governance and management**
The charity was established as a company under a Memorandum of Association which established the objects and powers of the company and is governed under its Articles of Association.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Mr D Power
Mr G Fusco Mr F McCann Mr T Rocks Mr M Voyle Mrs C Neill (Appointed 15 January 2025)
## **Organisational Structure**
Albert Street Community Centre Limited is governed by the board of trustees. Trustees are appointed so that the charity has a variety of expertise and skills from relevant sectors. Recruitment of trustees involves a nomination from current Board Members. A vote is then held at the next trustee meeting, and if successful, a subsequent appointment is offered. The board of trustees ensures the good governance of the charity by setting its objectives and policy direction and monitoring progress on this, specifically in relation to the H.E.A.R.T. (Health Education and Relaxation Therapy), and Traveller projects run by the charity. The strategic development, approval of an annual action plan, reviewing evaluation reports and approving sustainability plans is the responsibility of the H.E.A.R.T. Project Partnership Committee. A Project Operational Management Group is responsible for the development, implementation and monitoring of the operational activities of the projects including the preparation of an annual action plan. Sub committees responsible for the day to day running of the projects then report to the Project Operational Management Group. Liz McShane is responsible for the day to day management of the charity.
## **Risk Management**
The board of trustees has assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate those risks.
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## ALBERT STREET COMMUNITY CENTRE LIMITED TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025
## Statement of trustees' responsibilities
The trustees, who are also the directors of Albert Street Community Centre Limited for the purpose of company law, 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 Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
## in preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards 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 charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity 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 charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## Auditor
In accordance with the company's articles, a resolution proposing that GMcG BELFAST be reappointed as auditor of the company will be put at a General Meeting.
## Small companies exemption
In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.
## Disclosure of information to auditor
Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.
The trustees' report was approved by the Board of Trustees.
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## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **INDEPENDENT AUDITOR'S REPORT**
## **TO THE MEMBERS OF ALBERT STREET COMMUNITY CENTRE LIMITED**
## **Opinion**
We have audited the financial statements of Albert Street Community Centre Limited (the ‘charity’) for the year ended 31 May 2025 which comprise the statement of financial activities, the balance sheet and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 _The Financial Reporting Standard applicable in the UK and Republic of Ireland_ (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
- give a true and fair view of the state of the charitable company's affairs as at 31 May 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the _Auditor's responsibilities for the audit of the financial statements_ section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
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## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF ALBERT STREET COMMUNITY CENTRE LIMITED**
## **Other information**
The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
## **Opinions on other matters prescribed by the Companies Act 2006**
In our opinion, based on the work undertaken in the course of our audit:
- the information given in the trustees' report for the financial year for which the financial statements are prepared, which includes the directors' report prepared for the purposes of company law, is consistent with the financial statements; and
- the directors' report included within the trustees' report has been prepared in accordance with applicable legal requirements.
## **Matters on which we are required to report by exception**
In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the trustees' report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of trustees' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; or
- the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the trustees' report and from the requirement to prepare a strategic report.
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## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **INDEPENDENT AUDITOR'S REPORT (CONTINUED)**
## **TO THE MEMBERS OF ALBERT STREET COMMUNITY CENTRE LIMITED**
## **Responsibilities of trustees**
As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
## **Auditor's responsibilities for the audit of the financial statements**
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.
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## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF ALBERT STREET COMMUNITY CENTRE LIMITED**
## **Extent to which the audit was considered capable of detecting irregularities, including fraud**
We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.
In identifying and assessing potential risks of material misstatement in respect of irregularities, including fraud and non-compliances with laws and regulations, we considered the following:
- The nature of the industry and sector, control environment and business performance, including the company’s remuneration policies for directors, bonus levels and performance targets, if any;
- Results of our enquiries of management about their own identification and assessment of the risks of irregularities;
· Any matters we identified having obtained and reviewed the company’s documentation of their policies and procedures relating to:
- Identifying, evaluating and complying with laws and regulations and whether they were aware of any instance of non-compliance;
- Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud; and
- The internal controls established to mitigate risks of fraud or non-compliance with laws and regulations;
· The matters discussed among the audit engagement team regarding how and where fraud might occur in the financial statements and potential indicators of fraud.
As a result of these procedures, we considered the opportunities and incentives that may exist within the company for fraud and identified the greatest potential for fraud in revenue recognition. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.
We also obtained an understanding of the legal and regulatory frameworks that the company operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the Companies Act 2006, and local tax legislation.
In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the company’s ability to operate or to avoid a material penalty.
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## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **INDEPENDENT AUDITOR'S REPORT (CONTINUED)**
## **TO THE MEMBERS OF ALBERT STREET COMMUNITY CENTRE LIMITED**
## **Audit response to risks identified**
Our procedures to respond to the risks identified included the following:
- Reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements;
- Enquiring of management concerning actual and potential litigation and claims;
- Performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud;
- Reading minutes of meetings of those charged with governance and reviewing correspondence with tax authorities; and
- In addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.
We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. In addition, as with any audit, there remains a higher risk of non-detection of irregularities, as they may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect noncompliance with all laws and regulations.
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## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **INDEPENDENT AUDITOR'S REPORT (CONTINUED)**
## **TO THE MEMBERS OF ALBERT STREET COMMUNITY CENTRE LIMITED**
## **Use of our report**
This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
## **Mr Nigel Moore FCA (Senior Statutory Auditor) for and on behalf of GMcG BELFAST**
26 February 2026
**Chartered Accountants Statutory Auditor**
Chartered Accountants & Statutory Auditor
Alfred House 19 Alfred Street Belfast BT2 8EQ
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## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## **FOR THE YEAR ENDED 31 MAY 2025**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
8,301
-
Charitable activities
**4**
367,056
75,362
**Total income**
375,357
75,362
**Expenditure on:**
Charitable activities
**5**
409,139
78,268
Other expenditure
**10**
104
-
**Total expenditure**
409,243
78,268
**Net expenditure**
(33,886)
(2,906)
Transfers between
funds
6,213
(6,213)
**Net movement in**
**funds**
**7**
(27,673)
(9,119)
**Reconciliation of funds:**
Fund balances at 1 June 2024
104,118
272,933
**Fund balances at 31 May**
**2025**
76,445
263,814|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
8,301
7,376
-
442,418
378,632
74,087
450,719
386,008
74,087
487,407
363,525
115,934
104
-
-
487,511
363,525
115,934
(36,792)
22,483
(41,847)
-
-
-
(36,792)
22,483
(41,847)
377,051
81,635
314,780
340,259
104,118
272,933|**Total**
**2024**
**£**
7,376
452,719
460,095
479,459
-
479,459
(19,364)
-
(19,364)
396,415
377,051|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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26/2/26 The financial statements were approved by the trustees ON .....c.cceeeseeeesees
**ALBERT STREET COMMUNITY CENTRE LIMITED**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025**
## **1 Accounting policies**
## **Charity information**
Albert Street Community Centre Limited is a private company limited by guarantee incorporated in Northern Ireland. The registered office is 106 Albert Street, Belfast, BT12 4HL.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's Articles of Association, the Companies Act 2006 and “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 (FRS 102)” (as amended for accounting periods commencing from 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
These financial statements have been prepared on a going concern basis.
The directors and management continue to make every effort to source new funding for the charity with a number of applications currently in progress. Certain sources of funding have been secured until 2026-27 financial year. Based on information received to date, the directors do not expect there to be any significant drop in the level of income for the period to May 2027. It should be noted that the charity also has the benefit of regular income in the form of rental income.
The directors are of the opinion that the charity has adequate resources to continue in operation for at least the next twelve months and that it is appropriate for the financial statements for the year ended 31 May 2025 to be prepared on a going concern basis.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
## **1.4 Incoming resources**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Assets for distribution are recognised only when distributed. Assets given for use by the charity are recognised when receivable. Stocks of undistributed donated goods are not valued for balance sheet purposes.
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## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025**
## **1 Accounting policies (Continued)**
## **1.5 Resources expended**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity.
Charitable activities and Governance costs are costs incurred on the charity's operations, including support costs and costs relating to the governance of the charity apportioned to charitable activities.
All expenditure is inclusive of irrecoverable VAT.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Leasehold land and buildings 2% per annum straight line Fixtures and fittings 15% per annum reducing balance Computers 25% per annum reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.9 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
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**ALBERT STREET COMMUNITY CENTRE LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025**
## **1 Accounting policies (Continued)**
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **1.10 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **1.11 Leases**
Rentals payable under operating leases, including any lease incentives received, are charged as an expense on a straight line basis over the term of the relevant lease.
- 15 -
## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025**
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **Key sources of estimation uncertainty**
**Fixed Assets** - The annual depreciation charge on fixed assets depends primarily on the estimated lives of each type of asset and estimates of residual values. The directors regularly review these asset lives and change them as necessary to reflect current thinking on remaining lives in light of prospective economic utilisation and physical condition of the assets concerned. Changes in asset lives can have a significant impact on depreciation charges for the period. Details of the useful lives is included in the accounting policies above.
**Debtors** - Short term debtors are measured at transaction price, less any impairment. Impairment of such debtors involves some estimation uncertainty.
## **3 Income from donations and legacies**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2025**|**2024**|
||**£**|**£**|
|Donations and gifts|8,301|7,376|
- 16 -
## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **FOR THE YEAR ENDED 31 MAY 2025**
## **4 Income from charitable activities**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**Operation of Community Centre**
Performance related
grants
165,286
-
Charitable rental income
43,578
-
Other income
9,467
-
Less: deferred income
3,919
-
**H.E.A.R.T. Project**
Performance related
grants
14,678
75,362
Other income
48,406
-
**Traveller Intervention Programme**
Performance related
grants
81,722
-
**Social Prescribing programme**
Performance related
grants
-
-
367,056
75,362|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
165,286
138,275
-
43,578
59,531
-
9,467
48,133
-
3,919
(354)
-
90,040
10,739
63,768
48,406
71,879
-
81,722
50,429
-
-
-
10,319
442,418
378,632
74,087|**Total**
**2024**
**£**
138,275
59,531
48,133
(354)
74,507
71,879
50,429
10,319
452,719|
|---|---|---|
- 17 -
## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025**
## **5 Charitable activities**
|**Community**
**Centre**
**H.E.A.R.T.**
**Project**
**Traveller**
**Intervention**
**Programme**
**Social**
**Prescribing**
**Programme**
**2025**
**2025**
**2025**
**2025**
**£**
**£**
**£**
**£**
Staff costs
109,769
49,667
65,150
-
Depreciation and
impairment
5,525
571
-
16
Staff training
240
-
-
-
Training beneficiaries
76,304
15,264
-
-
Insurance
5,699
-
-
-
Heat & light
23,883
-
-
-
Travel & subsistence
2,999
-
-
-
Other programme costs
273
-
-
-
Postage, stationery &
telephone
4,453
-
-
-
Hire of equipment
1,115
-
-
-
Professional fees
6,145
-
-
-
Bank fees
242
-
-
-
Sundry expenses
6,456
-
-
-
243,103
65,502
65,150
16
Share of support costs (see
note 6)
50,234
12,214
15,500
15
Share of governance costs
(see note 6)
20,594
6,468
8,611
-
313,931
84,184
89,261
31
**Analysis by fund**
Unrestricted funds
303,310
16,568
89,261
-
Restricted funds
10,621
67,616
-
31
313,931
84,184
89,261
31
**For the year ended 31 May 2024**
Unrestricted funds
321,865
4,606
37,054
-
Restricted funds
9,253
69,641
-
37,040
331,118
74,247
37,054
37,040|**Total**
**2025**
**£**
224,586
6,112
240
91,568
5,699
23,883
2,999
273
4,453
1,115
6,145
242
6,456
373,771
77,963
35,673
487,407
409,139
78,268
487,407|**Total**
**2024**
**£**
222,815
6,660
150
67,024
6,574
34,210
2,431
766
4,620
1,229
4,688
268
8,796|
|---|---|---|
|||360,231
84,112
35,116|
|||479,459|
|||363,525
115,934|
|||479,459|
|||363,525
115,934|
|||479,459|
- 18 -
## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025**
## **6 Support costs allocated to activities**
|Staff costs
Depreciation
Staff training
Insurance
Heat and light
Postage, stationery & telephone
Sundry expenses
Governance costs
**Analysed between:**
Operation of Community Centre
H.E.A.R.T. Project
Traveller Intervention Programme
Social Prescribing Programme
**7**
**Net movement in funds**
The net movement in funds is stated after charging/(crediting):
Fees payable for the audit of the charity's financial statements
Depreciation of owned tangible fixed assets
Loss on disposal of tangible fixed assets|**2025**
**£**
52,552
6,113
60
5,698
5,971
1,114
6,456
35,672
113,636
70,828
18,682
24,111
15
113,636
**2025**
**£**
6,476
12,225
104|**2024**
**£**
52,337
6,660
38
6,574
8,553
1,154
8,796
35,116|
|---|---|---|
|||119,228|
|||80,377
18,730
9,741
10,380|
|||119,228|
|||**2024**
**£**
6,040
13,320
-|
## **8 Trustees**
None of the trustees (or any persons connected with them) received any remuneration during the year. One trustee was reimbursed a total of £1,605 travelling expenses (2024 - £1,612).
## **9 Employees**
The average monthly number of employees during the year was:
|**2025**|**2024**|
|---|---|
|**Number**|**Number**|
|9|8|
- 19 -
## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025**
|**9**|**Employees (Continued)**|||
|---|---|---|---|
||**Employment costs**|**2025**|**2024**|
|||**£**|**£**|
||Wages and salaries|274,505|270,354|
||Social security costs|17,450|20,397|
||Other pension costs|14,379|13,477|
|||306,334|304,228|
||There were no employees whose annual remuneration was more than £60,000.|||
||**Remuneration of key management personnel**|||
||The remuneration of key management personnel was as follows:|||
|||**2025**|**2024**|
|||**£**|**£**|
||Aggregate compensation|55,376|55,199|
|**10**|**Other expenditure**|||
|||**Unrestricted**|**Unrestricted**|
|||**funds**|**funds**|
|||**2025**|**2024**|
|||**£**|**£**|
||Net loss on disposal of tangible fixed assets|104|-|
## **11 Taxation**
The charity is exempt from income tax and capital gains tax to the extent that its income and gains are applied for charitable purposes. No tax charge has arisen in the year.
- 20 -
## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025**
|**12**
**Tangible fixed assets**
**Leasehold**
**land and**
**buildings**
**Fixtures and**
**fittings**
**£**
**£**
**Cost**
At 1 June 2024
368,277
192,839
Additions
-
879
Disposals
-
(805)
At 31 May 2025
368,277
192,913
**Depreciation and impairment**
At 1 June 2024
152,254
173,394
Depreciation charged in the year
7,366
2,969
Eliminated in respect of disposals
-
(736)
At 31 May 2025
159,620
175,627
**Carrying amount**
At 31 May 2025
208,657
17,286
At 31 May 2024
216,023
19,444
**13**
**Debtors**
**Amounts falling due within one year:**
Other debtors
Prepayments and accrued income
**14**
**Creditors: amounts falling due within one year**
**Notes**
Deferred income
**15**
Accruals
**15**
**Deferred income**
Arising from deferred grant income|**Computers**
**£**
34,604
-
(4,283)
30,321
27,016
1,890
(4,248)
24,658
5,663
7,589
**2025**
**£**
9,088
51,417
60,505
**2025**
**£**
6,433
16,801
23,234
**2025**
**£**
6,433|**Total**
**£**
595,720
879
(5,088)
591,511
352,664
12,225
(4,984)
359,905
231,606
243,056
**2024**
**£**
7,881
21,509
29,390
**2024**
**£**
10,352
22,568
32,920
**2024**
**£**
10,352|
|---|---|---|
Deferred income is included in the financial statements as follows:
- 21 -
## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025**
## **15 Deferred income (Continued)**
|**2025**
**£**
Deferred income is included within:
Current liabilities
6,433
Movements in the year:
Deferred income at 1 June 2024
10,352
Released from previous periods
(10,352)
Resources deferred in the year
6,433
Deferred income at 31 May 2025
6,433|**2024**
**£**
10,352|
|---|---|
||9,998
(9,998)
10,352|
||10,352|
The deferred income arises in respect of income being received in the year which relates to a future accounting period and in respect of income received in the year where conditions for recognition have not yet been satisfied. The income will be released to the Statement of Financial Activities in the period to which it relates.
|**16**|**Retirement benefit schemes**|||
|---|---|---|---|
|||**2025**|**2024**|
||**Defined contribution schemes**|**£**|**£**|
||Charge to profit or loss in respect of defined contribution schemes|14,379|13,477|
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
- 22 -
## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025**
## **17 Restricted funds**
||**At 1 June**|**Incoming**|**Resources**|**Transfers**|**At 31 May**|
|---|---|---|---|---|---|
||**2024**|**resources**|**expended**||**2025**|
||**£**|**£**|**£**|**£**|**£**|
|Property Lease|157,389|-|(5,528)|-|151,861|
|Albert St. Comm Centre||||||
|(ASCC)|1,189|-|(164)|-|1,025|
|HABIT Suite|36,961|-|(1,945)|-|35,016|
|Information Point|27,204|-|(900)|-|26,304|
|Website|31|-|(8)|-|23|
|H.E.A.R.T. Project|4,178|57,632|(51,210)|-|10,600|
|Protect Life|12,360|17,230|(15,264)|-|14,326|
|Wheely Inclusive Cycling||||||
|Programme|2,449|-|(355)|-|2,094|
|SureStart - capital grant|2,938|-|(99)|-|2,839|
|Halifax - capital grant|1,029|-|(179)|-|850|
|Big Lottery Fund|4,518|-|-|-|4,518|
|Social Prescribing|6,506|-|(31)|(6,475)|-|
|Warm, Well & Connected|11,708|-|(509)|-|11,199|
|Healthwise MDT Hypertension|3,604|-|(445)|-|3,159|
|Kew gardens|869|500|(1,631)|262|-|
||272,933|75,362|(78,268)|(6,213)|263,814|
|**Previous year:**|**At 1 June**|**Incoming**|**Resources**|**Transfers**|**At 31 May**|
||**2023**|**resources**|**expended**||**2024**|
||**£**|**£**|**£**|**£**|**£**|
|Property Lease|162,917|-|(5,528)|-|157,389|
|Albert St. Comm Centre||||||
|(ASCC)|1,381|-|(192)|-|1,189|
|HABIT Suite|39,092|-|(2,131)|-|36,961|
|Information Point|28,104|-|(900)|-|27,204|
|Website|42|-|(11)|-|31|
|H.E.A.R.T. Project|7,344|47,869|(51,035)|-|4,178|
|Protect Life|14,536|13,899|(16,075)|-|12,360|
|Wheely Inclusive Cycling||||||
|Programme|2,867|-|(418)|-|2,449|
|SureStart - capital grant|3,054|-|(116)|-|2,938|
|Halifax - capital grant|1,239|-|(210)|-|1,029|
|Big Lottery Fund|4,518|-|-|-|4,518|
|Social Prescribing|33,226|10,319|(37,039)|-|6,506|
|Warm, Well & Connected|12,363|-|(655)|-|11,708|
|Healthwise MDT Hypertension|4,097|-|(493)|-|3,604|
|Kew gardens|-|2,000|(1,131)|-|869|
||314,780|74,087|(115,934)|-|272,933|
- 23 -
## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025**
## **18 Unrestricted funds**
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
||**At 1 June**|**Incoming**|**Resources**|**Transfers**|**At 31 May**|
|---|---|---|---|---|---|
||**2024**|**resources**|**expended**||**2025**|
||**£**|**£**|**£**|**£**|**£**|
|General funds|104,118|375,357|(409,243)|6,213|76,445|
|**Previous year:**|**At 1 June**|**Incoming**|**Resources**|**Transfers**|**At 31 May**|
||**2023**|**resources**|**expended**||**2024**|
||**£**|**£**|**£**|**£**|**£**|
|General funds|81,635|386,008|(363,525)|-|104,118|
## **19 Analysis of net assets between funds**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**At 31 May 2025:**
Tangible assets
9,639
221,967
Current assets/(liabilities)
66,806
41,847
76,445
263,814
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
**At 31 May 2024:**
Tangible assets
12,348
230,708
Current assets/(liabilities)
91,770
42,225
104,118
272,933|**Total**
**2025**
**£**
231,606
108,653|
|---|---|
||340,259|
||**Total**
**2024**
**£**
243,056
133,995|
||377,051|
- 24 -
**ALBERT STREET COMMUNITY CENTRE LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025**
## **20 Explanatory notes to the funds**
## **(i) Restricted funds**
## (a) Property Lease
This grant was to contribute towards the purchase of a 50 year lease for the Community Centre.
## (b) Albert Street Community Centre (ASCC)
The initial grant was to pay for kitchen and office equipment for the Community Centre and costs in relation to the Community Health Programme. Initial funding has now ceased with occasional sundry donations being made towards kitchen and office equipment.
## (c) HABIT Suite
This fund represents grants towards the installation of rooms and equipment in the HABIT Suite at The Maureen Sheehan Centre.
## (d) Information Point - North and West Belfast Health & Social Services Trust
This funding contributed towards the cost of the information point in Albert Street Community Centre.
- (e) Website - Eastern Health and Social Services Board
This funding contributed towards the cost of developing a website for the H.E.A.R.T. Project.
## (f) H.E.A.R.T. Project
This fund pays for complementary therapies, counselling sessions, physical activity, training and events to promote healthy living.
## (g) Protect Life
This funding contributes towards the provision of counselling and alternative therapies for individuals within the community identified as being “at risk” and is funded by the Public Health Agency.
## (h) Wheely Inclusive Cycling Project
This funding represents a grant received from Belfast City Council through its Active Belfast Scheme to help promote a healthy and active lifestyle through cycling.
## (i) SureStart - capital grant
This funding represents a grant received from SureStart towards the purchase of chairs.
## (j) Halifax - capital grant
This funding represents a grant received from the Halifax Foundation for Northern Ireland towards the purchase of a box van.
## (k) Big Lottery Fund
This funding relates to a grant received for the Health Trainer training project.
- 25 -
**ALBERT STREET COMMUNITY CENTRE LIMITED**
**NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025**
## **21 Explanatory notes to the funds (continued)**
## (l) Social Prescribing fund
This funding represents funds received to provide strategic and operational development of the Social Prescribing project in the Belfast area. Social Prescribing funding came to an end in 2023 but the member of staff employed was able to continue in post taking referrals due to an underspend earlier in the project. The project ended in October 2025 with the remaining funds being transferred to Albert Street Community Centre.
## (m) Warm Well Connected
This funding was from DFC and was part of a much bigger funding package. The purpose of the funding we received was to encourage people to stay connected. It was to supply tablets and an initial amount of wifi to older people so that they could stay connected to their families/friends/social groups. They all signed a disclaimer to say that once the tablet was handed over to them it became their responsibility and was no longer the responsibility of the HEART Project.
## (n) Healthwise Plus – Hypertension MDT Funding
This funding will allow the Healthwise Instructor to take referrals from a GP Practice of people who present with high Blood Pressure. This funding allowed us to buy a standalone blood pressure machine with printout of readings. It will also allow us to bring in guest facilitators i.e., pharmacist, nutritionist etc. This funding is non recurrent.
## (o) Kew Gardens - Grow Wild Community Programme
This funding is for Headin2Horticulture project, a grant was awarded to fund workshops, purchase of materials such as compost and memberships to social farms & gardens, to enhance the community. The overspend of this project has been transferred to Albert Street Community Centre.
## **(ii) Unrestricted funds**
This fund is expendable at the discretion of the trustees.
## **22 Financial commitments, guarantees and contingent liabilities**
## Contingent liabilities
A portion of grants received may become repayable if the charity fails to comply with the terms of the letters of offer.
## Pension commitments
The charity operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £14,379 (2024 - £13,477). At the balance sheet date no amount was outstanding (2024 - nil).
- 26 -
## **ALBERT STREET COMMUNITY CENTRE LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025**
## **23 Operating lease commitments**
## **Lessee**
At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:
|Within one year
Between two and five years
In over five years|**2025**
**£**
1,005
1,005
1,256
3,266|**2024**
**£**
1,005
1,005
2,260|
|---|---|---|
|||4,270|
## **24 Related party transactions**
There were no other transactions with related parties requiring disclosure.
- 27 -