Company Number- N1043129
NI CHARITY REF- 103588
LISBURN BUILDINGS PRESERVATION TRUST
(a company limited by guarantee not having a share capital)
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 SEPTEMBER 2023

LISBURN BUILDINGS PRESERVA TION TRUST
FINANCIAL STA TEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
CONTENTS
Page
Contents
Company Information and Officers
Directors. Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements

LISBURN BUILDINGS PRESER VA TION TRUST
FINANCIAL STA TEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
COMPANY INFORMATION AND OFFICERS
DIRECTORS & COMPANY SECRETAR Y
D Annett
Miss J Hewitt
C Mcclintock
D McKinstry
Company Secretary
D Minshull
INDEPENDEIVT EXAMINER
Mrs N Taylor FIATI
ACCOUNTANT
Minshull & Co
Chartered Accountants and Registered Auditor
19 Crescent Business Park
LISBURN
BT28 2GN
BANKER C
Danske Bank
62-66 Bow Street
LISBURN
BT28 IYS
REGISTERED OFFICE
19 Crescent Business Park
LISBURN
BT28 2GN
COMPANY IVUMBER
Registered number - N1043129

LISBURN BUILDINGS PRESERVA TIOIV TRUST
FIIVANCIAL STA TEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
DIRECTORS, REPORT
The directors, who also act as trustees for the charitable activities of the companyi present their annual
report together with the financial statements for the year ended 30 September 2023.
STATEMENT OF DIRECTORS, RESPONSIBILITIES
Company law requires the directors to prepare financial statements for each financial period which give a
true and fair view of the state of the affairs of the company and of the profit or loss of the company for
that period. In preparing those financial statements the directors are required to
select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent-
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the company will continue in business.
The directors are responsible for keeping proper accounting records which disclose with reasonable
"accuracy at any time the financial position of the company and to enable them to ensure the financial
statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the company and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
The directors have elected to prepare the financial statements in accordance with UK GAAP and under
company law the directors must not approve the financial statements unless they are satisfied that
they give a true and fair view of the state of the affairs of the company and of the profit and loss of the
company for that period and that the reporting framework that had been applied in their preparation was the
Charities SORP (FRS 102 (Jan 2015)).
DIRECTORS
The directors of the company during the financial year were as stated on page l. in accordance with the
company's Articles of Association the directors retire by rotation at the Annual General Meeting.
ACTIVITIES
The company's principal activities are to secure by such means as are available for the public benefit
the preservation, protection and improvement of buildings or structu res of particular beauty, or of
historic, environmental, architectural or constructional merit or interest in Lisburn and Castlereagh City
Council Area and to stimulate and educate public interest therein.
In furtherance of this the company may acouire, restore, repair, renovate, and improve or add to such
buildings and provide and manage them as residential or commercial property. Provision may be by
way of sale, let on lease or tenancy or other appropriate means of disposal.
Subsequent to the completion of the previous project, the directors have not identified a sultable
property to develop as at the signing of these accounts, therefore there has been little financial activity
during the year.
The directors continue to explore opportunities to carry out the company's objectives.
RELATED PARTIES
There are no related parties to report save the board of directors.
RESULTS
The deficit for the year was
£541 (2022..
62 1 deficit)
TAX AND CHARITABLE STATUS
In May 2002 application was tnade to the Inland Revenue that the company be accepted as a charity
and consequently it was registered as such under the reference XR56789. The company is registered
with the Charity Commission for Northern Ireland under reference number 103588.
CHARITABLE DONATIONS
The company made no donations during the year.

LISBURN BUILDINGS PRESER VA TION TRUST
FINANCIAL STA TEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
DIRECTORS. REPORT
(continued)
FINANCIAL REVIEW & RESERVES POLICY
Reserves at 30 September 2023 were
£22,194
The company's core expenditure is very low
due to the voluntary nature of the operations and the retention of reserves ensures conti nued viability. It
continues to attempt to identify projects in which it can make valued contributions. The profile of
expenditure is as agreed with the funders when applicable.
Unrestricted funds are funds which are available for use at the discretion of the directors in furtherance
of the general objectives of the company and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the directors for particular
purposes. The aim and use of each designated fund is set out in the notes to the financial statements if
identified as such. Restricted funds are funds which are to be used in accordance with specific
restrictions imposed by donors or which have been raised by the company for particular purposes. The
cost of raising and administering such funds are charged against the specific fund.
IMPACT OF COVID-19
The impact of coranaviru5 restrictions mea nt that there was naturally a reduction in physical meetings
of the board and a bigger concentration on remote activities. There has been no material impact
on the charity's sustainability due to the low overhead model and healthy reserves. The directors are
satisfied that the charitable company caii continue to endeavour to achieve its objectives.
GOING CONCERN
The directors, having considered the charity's income streams, financial means and strategy for dealing
with issues such as the impact of Covid-19, over the next 12-18 months, are satisified that the going
concern basis is appropriate.
FUTURE PLANS
As Stated above the company continues in its attempt to find relevant properties that are in need of repair or
renovation. Several properties are. currently under consideration.
AUDIT EXEMPTION
In accordance with the provisions of the Companies (NI) Order 1986 the company is exempt from the statutory
audit requirement.
SMALL COMPANY RULES
This report has been prepared in accordance with the special provisions of Part 15 of the Companies
Act 2006 (c46) relating to small companies and in accordance with the Financial Reporting Standard 102
Section la Small Entities.
INDEPENDENT EXAMINER
The independent examiner, Mrs Nicola Taylor MIATI of Minshull & Company, Chartered Accountants and
Registered Auditor, offers herself for re-appointment.
cclintock
Director
BY ORDER OF THE BOARD
Date
14 December 2023

INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF
LISBURN BUILDINGS PRESERVATION TRUST
have examined the financial statements, on pages 6 to 10, which comprise the Statement of Financial
Activities, Balance Sheet and related notes of Lisburn Buildings Preservation Trust for the year ended 30
September 2023. The financial reporting framework that has been applied in their preparation is applicable law
and Charities SORP (FRS 102) and the accounting policies set out therein.
Respective responsibilities of directors and examiner
The charity's directors are responsible for the preparation of account5. The charity's directors consider that an
audit is not required for this year under section 65 of the Charities Act (Northern Ireland) 2008 and that an
independent examination is needed.
It is my responsibility to
examine the accounts under section 65 of the Charities Act
follow procedures laid down in the general directions given by the Charity Commisssion for Northern Ireland
under Section 65(9)(b) of the Charities Act
state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with general directions given by the Charity Commission For NI,
as required under section 65{9)(b) of the Charities Act (Northern Ireland) 2008.
An examination includes a I'eview of the accounting records kept by the charity and a comparison of the account<
presented with those records. It also includes consideration of any unusual items or disclosures in the accounts,
and seeking explanations from the directors concerning any such matters. The procedures undertaken do not
provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether
the accounts present a 'true and fair, view and the report is limited to those matters set out in the statement
below.
My role is to state whether any material matters have come to my attention giving me cause to believe:
i. That accounting records were not kept in accordance with Section 63 of the Charities Act
2. The t.he accounts do not accord with those accounting records
3. That the accounts do not comply with the accounting requirements of the Charities Act
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 matter5 1. to 4. listed above and,
in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no
matters that require drawing to your attention.
Nicola Taylor FIATI
Minshull & Co
Chartered Accountants and Registered Auditor
Date
14 December 2023
19 Crescent Business Park
LISBURN BT28 2GN

LISBURN BUILDINGS PRESERVA TION TRUST
FINAIVCIAL STA TEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2023
2023
2022
INCOME
Note
restricted
unrestricted
total
total
Activities for generating funds
Donations
Income from Charitable Activities
Revenue grants and contracts credited
Investment Income
Bank interest
23
23
24
23
23
24
EXPENDITURE
Expenditure on Charitable Activities
Venue and meeting expenses
Total
Income less charitable activities direct costs
23
23
24
Charitable activities - support costs
Rent and service charge
Insurance
Bank interest and charges
Sundry expenses
406
13
84
406
13
84
392
78
Governance costs
Accountancy & Audit Fees
Legal and professional fees
62
62
172
Total
(564)
(564)
(645)
Net in/(out)ward resources for the period 2
(541)
(541)
(621)
Balance brought forward at l October 2022
22,735
22,735
23,356
Balance carried forward at 30 September 2023
22,194
22,194
22,735
The company rnade no other gains or losses during the year other than those stated above
The notes on pages 8 to 10 form part of these accounts

LISBURN BUILDINGS PRESER VA TION TRUST
FINAIVCIAL STA TEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
BALANCE SHEET AS AT 30 SEPTEMBER 2023
2023
2022
Note
Fixed Assets
Current Assets
Prepaid expenses
Cash at bank and on hand
348
23,096
348
23,775
23,444
24,123
Liabilitierf (amounts falling due within one year)
Accruals
1,250
1,388
1,250
1,388
Net Current Assets
22,194
22,735
Net Assets
22,194
22, 735
FUNDS
General reserve
22,194
22, 735
Restricted Funds
Balance at 30 September 2023
22,194
22, 735
For the financial year in question the company was entitled to exemption under Section 477 of the Companies
Act 2006 relating to small companies. No members have required the company to obtain an audit of its
accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to
the accounting records and for the preparation of accounts.
These account5 have been prepared in accordance with the provisions applicable to companies subject to the
small companies, regime.
Approved, and authorised to be issued, by the Board of Directors on the date below and signed on its
behalf by
C Mcclintock
Director
Date
14 Decernber 2023
The notes on pages 8 to 10 form part of these accounts

LISBURIV BUILDINGS PRESERVA TION TRUST
FIJVANCIAL STA TEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
NOTES TO THE FINANCIAL STATEMENTS
I. ACCOUNTING POLICIES
The following accounting policies have been used consistently in dealing with items which are considered
material in relation to the charity's financial statements.
(a)
Basis of Preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement
of Recomrnended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102 Section la)(effertive l January 2015)
(Charities SORP (FRS 102)). the Financial Reporting Standard applicable in the UK and Republic of Ireland and
the Companies Act 2006.
The company meets the. definition of a public benefit entity under FRS 102. Assets and liabilities are initially
recognised at historical cost or transacton value unless otherwise stated in the relevant accounting policy note.
(b)
Reconciliation With Previous Generally Accepted Accounting Practice
In preparing the accounts, the directors have decided that in applying the accounting policies required by
FRS 102 and the Charities SORP FRS 102 no restatement of comparative items was required.
(c)
Preparation of the Accounts on a Going Concern Basis
The company reports
£541 cash outflow for the ye3r and the directors have formulated a strategy that
will secure the immediate future of the company for the next 12 to 18 months and on that ba51S the charity is a
going concern.
(d)
Income
Income is recognised when the company has entitlement to the funds, any performance conditions have been met,
it Is probable that the income will be received and the amount can be measured reliably.
Income from government and other grants, of a revenue nature, is recognised when the company has entitlement to
the funds. any performance conditions att.ached to the grants have been met, it is probable that the income will be
received and the amount can be measured reliably and is not repayable to the funder.
Capital grants are amortised in line with the depreciation of the associated a55etS, the purchase of which ha5 been
funded by said grants.
(e)
Donated Services and Facilities
Donated professional services and donated facilities are recognised as income when the company has control over
the item, any conditions associated with the donated item have been met. the receipt of economic benefit from the
use of the item by the charity is probable and the economic benefit can be measured reliably. In accordance with
the Charties SORP (FRS 102) general volunteer time is not recognised.
On receipt, donated professional service5 and donated facilities are recognised on the basis of the value of the gift
to the charity which is the amount the charity would have been willing to pay to obtain service5 or facilities of
equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the
period of receipt.
(f)
Interest Receivable
Interest on funds held on deposit is included when receivable and the amount can bemeasured reliably by the
company, normally upon notilication of the interest paid or payable by the financial institution.
Ig)
Fund Accounting
Unrestricted funds are available to spend on activities that further any of the purpoes of the company. Designated
funds are unrestricted funds of the charity that the directors have decided at their discretion to Set aside to use
for a specific purpose. Restricted funds are donations which the donor has speciFied are to be solely used for
particular areas of the company's work.

USBURN BUILDINGS PRESER VA TION TRUST
FINANCIAL sfA TEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
NOTES TO THE FINANCIAL STATEMENTS
(continued)
(h)
Expenditure and Irrecoverable Value Added Tax
Expenditure is recogni5ed once there is a legal or constructive obligation to make a payment to a third party, it
is probable that settlement will be requireed and the amount of the obligation can be measured reliably.
Expenditure is classified under the following activity headings=
costs of raising funds comprise the costs of commercial trading
expenditure on charitable activities includes the costs of activities undertaken to further the
purposes of the company
governance and support costs include all other costs
Unrecovered Value Added Tax is charged as a cost against the activity for which the expenditure was incurred.
Support Costs
Support costs are disclosed separately in the Statement of Financial Activities.
(i)
Tangible Fixed Assets and depreciation
Tangible fixed assets costing £200 or more are stated in the accounts at original cost less depreciation in order
to write off the cost of ffixed assets, over their estimated useful lives, using the following annual rate
Fixtures, fittings and equipment
33.330/0
(k)
Debtors
Debtors and accrued income are recognised at the settlement amount due after any discount offered. Prepayments
are valued at the amount prepaid.
Cash at Bank and in Hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three
months or less from the date of acquisition or opening of the deposit or simialr account.
(m)
Creditors and Provisions
Creditors and provisions are recognised where the company has a present obligation resulting from a past event
that will probably result in the Lransfer of funds to a third party and the amount due to settle the obligation can
be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount
after any discounts.
(n)
Financial Instruments
The company only has financial assels and financial liabilities of a kind that qualify as basic financial instruments.
Basic financial instruments are initially recognised at transaction value and subsequently measured at their
settlement value with the exception of bank loans which are subsequently measured at amortised cost using
the effective interest method.
(o)
Exemption fmm preparing a cashflow statement
Exemption has beeii taken from preparing a cashflow statement on the grounds thal the company qualifie5 as
a small company.
(p)
Company status and members liability
The company is limited by guarantee. The members are the trustees, that is the committee as listed on page 2.
The liability in respect of the guarantee is 11 per member of the charity.
2. DEFICIT/SURPLUS FOR THE YEAR IS STATED AFfER CHARGING:
Accountancy Fees
Audit Fees

LISBURN BUILDINGS PRESER VA TION TRUST
FINANCIAL STA TEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
IVOTES TO THE FINAJVCIAL STA TEMENTS
(continued)
3. DIRECTORS
The directors received no emoluments nor expenses during the period.
4. EMPLOYEES
Number of employees
The averageweekly number of persons employed by the company, excluding directors, during the year was:
2023
2022
number
number
Managerial and administration
The remuneration paid to the employees was
Wages and salaries
5. RESTRICTED FUNDS SUMMARY
Opening
Balance
Income/ Expenditure/
Credits
Transfers
Closing
Balance
There was no movement on restricted funds
6. RELATED PARTY
There were no related party transactions to note.
7 CORPORATION TAX
The company is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or
section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its
charitable objerts.
8. STATUTORY INFORMATION
Lisburn Building5 Preservation Trust is a private company, limited by guarantee, registered in Northern Ireland.
The company's registered number and register office address can be found on the company information page.
The presentation currency of the financial statements is the Pound Sterling (£).
10-