COMPANY REGISTRATION NUMBER: N1063910
CHARITY REGISTRATION NUMBER: XT1572
Lagan Valley Regional Park Limited
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2023
AUBREY CAMPBELL & COMPANY
Chartered Accountants & Registered Auditors
631 Lisburn Road
BeSfast
BT9 7GT

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2023
Page
Trustees, annual report (incorporating the director's report)
Independent examiner's report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of financial position
Notes to the financial statements
11
The following pages do not form part of the financial statements
Detailed statement of financial activities
20
Notes to the detailed statement of financial activities
21

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 31 March 2023
The trustees, who are also the directors for the purposes of company law, present their report and the
unaudited financial statements of the charity for the year ended 31 March 2023.
Reference and administrative details
Registered charlty name
Lagan Valley Regional Park Limited
Charity registration number
1572
Company registration number N1063910
Principal office and registered 3 Lock Keeper's Lane
office
Milltown Road
Belfast
BT87
The trustees
Mr M Murray
Mr D Hughes
Mr J Jackson
Mr C Somerville
Mr S Pollock
Councillor G McAteer
Ms U McKernan
Chi Ting Yip
Councillor J Palmer
Councillor A Swan
Councillor U Mackin
Councillor G Spratt
Ms G Daly
Mr T Duffy
Dr B Simon
Councillor K Nicholl
Mr C Kinney
Ms S Mcclintock
(Appointed 19 December 2022)
(Retired 27 June 2022)
(Retired 27 June 2022)
(Appointed 27 June 2022)
(Appointed 27 June 20221
(Retired 16 April 2023)
Company secretary
Dr Andy Bridge
Independent examiner
John Magee Aubrey Campbell & Company
631 Lisburn Road
Belfast
BT9 7GT

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (condnued)
Year ended 31 March 2023
structure. govemance and management
The Board is made up of public representatives from Belfast City Council (BCC), and Lisburn and
Castlereagh City Council (LCCC}, and individuals with a particular interest in the environment and
conservation.
Under the guidance of a Chairman and Vice Chairman, each Director is charged with governance over
the operation of the Regional Park, maintenance of its assets and welfare of its staff. There are four
Board Subcommittees= Audit and Risk. Finance and Strategy; Selection and Planning. A Company
Secretary is responsible for charities regulations, Companies House administration and all aspects of
financial compliance. The Board meet regularly throughout the year. An effective structure runs the
Park on a day to day basis. The Management Committee (including related stakeholder
representatives) and Park Manager are supported by the relevant functional heads in LCCC and BCC.
The Park Manager in lum manages the operational and administrative staff.
Objectives and aGtivities
All of the Park's objectives and activities are underpinned by Ihe Board and staffs desire to promote
the Park to visitors. thus ensuring its long tenm future. Their strategy document and management plan
outline the long term sustainability of the Regional Park and AONB. The key long term strategic focus
areas are Biodiversity. Heritage, Visitors, Community, Landscape. and Health and Recreation. These
themes are reflected in the five year management plan, covering the period 2017 to 2022 and will be
be reviewed in developing the next five year management plan 2023 to 2028.
The plan focuses on tasks such as biodiversity monitoring, enhancement and protection through
practical conservation of woodland. wetland. wildflower meadow and hedgerow, to extensive survey
work of key fauna including bees, butterflies. wildfowl and small mammals. The Park actively promotes
and protects the buill and cultural heritage of the area and is exploring the potential to uncovering the
archaeological aspects of the area with a proposed audit of archaeological features in the park from
which a a larger project may develop. The team also cover aspects of recreational planning and
support for a range of diverse park users and visitors. In built planning. the regional park ensures that
planning policy plays its part in preserving the Park's character, landscapes and biodiversity and this
year responded to 14 planning consultations. as well as contributing to several strategic consultations
affecting the Park and the wider countryside.
The Park continues to maintain over 47km of paths to make the Park accessible to the general public,
to investigate the possibility of physical links to other conservation areas, and to further enhance the
existing towpath. Park management are also working on ongoing practical works. aimed at the
conservation of rare species and habitats, whilst sympathetically improving the aesthetics of the Park.
This includes developing biodiversity by way of promoting and protecting priority species, through
tackling invasive species via a separate initiative, and by protecting and creating existing and new
habitats.

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (¢ofttlnu8d)
Year ended 31 March 2023
Achievements and perfomiance
The Regional Park continues to welcome large numbers of visitor with 1.8 million visitors recorded
during 2021 and 2022 stabilising to a higher level than before the Covid peak of 1.97 million users.
This makes it the most visited outdoor visitor attraction in Northem Ireland and continues to present
challenges both in terms of pressure on resources and user needs.
Financlal review
Core funding for the Park comes from Lisbum and Castlereagh City Council. Belfast City Council, the
Department for Infrastructure. Despite continuing difficulties as a result of austerity and the political
impasse on the not-for-profit sector in Northern Ireland, we successfully secured £220.191 of funding
during the 2022123 financial year. This is higher than the previous year.
As expected, core costs are almost entirely consistent with the previous year. As with the prior two
years, careful financial planning and management means that the company was in surplus. This has
an effect of leaving an overall underspend of approximately £8,500.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to
the small companies exemption.

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Trustees. Annual Report {Incorporating the Directorfs Report) (Gontlnued)
Year ended 31 March 2023
The trustees, annual report was approved on .
trustees by:
11 /.g.l.zp..£Q
and signed on behalf of the board of
Mr M Murray
Trustee
Mr D Hughes
Trustee
Mr C Somerville
Trustee
Mr S Pollock
Trustee
Councillor G McAteer
Trustee
Chi Ting Yip
Trustee
Councillor J Palmer
Trustee
Councillor A Swan
Twstee
Councillor U Mackin
Trustee
Councillor G Spratt
Trustee
Ms G Daly
Trustee
MrTDufy
Trustee
Dr B Simon
Trustee
Councillor K Nicholl
Trustee

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 31 March 2023
Mr C Kinney
Trustee
Ms S Mcclintoc
Trustee
Dr Andy Bridge
Charity Secretary

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Lagan Valley Regional Park
Limited
Year ended 31 March 2023
I report to the trustees on my examination of the financial statemenls of Lagan Valley Regional Park
Limited ('the charity,) for the year ended 31 March 2023.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are
responsible for the preparation of the financial statements in accordan￿ with the requirements of
Charities Act (Northern Ireland) 2008 (the '2008 Act.) and the Companies Act 2006 ('the 2006 Act,).
You are satisfied that the accounts of the company are not required by charity or company law to be
audited and have Chosen instead to have an independent examination.
Having satisfied myself that the accounts of Ihe company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
the charitvs financial statements as carried out under section 65 of the 2008 Act. In carrying out my
examination I have followed the general Directions given by the Charity Commission for Northern
Ireland under section 65{9){b) of the 2008 Act.
Independent examinerfs statement
I have completed my examination. I confinn that no matters have come to my attention in connection
with my examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the charity as required by section 386 of the
2006 Act", or
the financial statements do not accord with Ihose ￿CordS- or
the financial statements do not Gomply with the accounting requirements of section 396 of
the 2006 Act other than any requirement that the accounts give a 'true and fail view which
is not a matter considered as part of an independent examination- or
the financial statements have not been prepared in accordance with the methods and
principles of the Statement of Recommended Practice for accounting and reporting by
charities applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I confirm that there are no other matters to which your attention should be drawn to enable a proper
understanding of the accounts to be reached.
re
& Company
iner
ndent
631 Lisburn Road
Belfast
BT9 7GT

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2023
2023
Unrestricted
funds Total funds Total funds
2022
Note
Income and endowments
Income
220,191
220,191
207,263
Total income
220,191
220,191
207.263
Expenditure
Expenditure on charitable activilies
Total expenditure
211,602
211,602
211,602
199.564
211,602
199.564
Net income and net movement in funds
8,589
8,589
7,699
Reconciliation of funds
Total funds brought forward
Total funds carried forward
181,316
181.316
173.617
189,905
189.905
181.316
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 11 to 18 form part of these finan¢ial statements.

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Statement of Financial Position
31 March 2023
2023
2022
Note
Fixed assets
Tangible fixed assets
13
14,876
5,526
Current assets
Debtors
Cash at bank and in hand
14
167,908
10,121
162.054
16.736
178,029
178.790
Creditors: amounts falling due wilhin one year
Net current assets
15
3,000
3.000
175,029
175,790
Total assets less current liabilities
189,905
181,316
Net assets
189,905
181,316
Funds of the charity
Unrestricted funds
189,905
181.316
Total charity funds
16
189,905
181.316
For the year ending 31 March 2023 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Directors, responsibilities:
The members have not required the company to obtain an audit of its financial statements for the
year in question in accordance with section 476:
The directors acknowledge their responsibilities for complying with the requirements of the Act
with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions appliGable to
companies subject to the small companies, regime.
The statement of financial position
continues on the following page.
The notes on pages 11 to 18 form part of these flnancial statements.

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Statement of Financial Position (contlnu8d)
31 March 2023
The
Inancial statements were approved by the board of trustees and authorised for issue on
and are signed on behalf of the board by:
Mr M Murray
Trustee
Mr D Hughes
Trustee
Mr C Somerville
Trustee
Mr S Pollock
Trustee
Councillor G McAteer
Trustee
Chi Ting Yip
Trustee
Councillor J Palmer
Trustee
Councillor A Swan
Trustee
Councillor U Mackin
Trustee
Councillor G Spratt
Trustee
Ms G Daly
Trustee
Mr T Duffy
Trustee
The statement of financial position
continues on the following page.
The notes on pagos 11 to 18 form part of thesefinanclal statements.

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Statement of Financial Position (contlnu•d)
31 March 2023
Dr B Simon
Trustee
Councillor K Nicholl
Trustee
Mr C Kinney
Trustee
Ms S Mcclintock
Trustee
The notes on pages 11 to 18 form part of these financial statements.
10

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2023
General inforniation
The charity is a public benefit entity and a private company limited by guarantee. registered in
Northern Ireland and a registered charity in Northem Ireland. The address of the registered office
is 3 Lock Keeper's Lane, Milltown Road. Belfast, BT8 7XT.
Statement of compliance
These financial statements have been prepared in GomplianGe with FRS 102. 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in aGcordanGe with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accounting policles
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling. which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertalnty
The preparation of the financial statements requires management to make judgements.
estimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors, including expectations
of future events that are believed to be reasonable under the circumstances. It is understood that
management were not required to make any significantjudgements or estimations when applying
the entity's accounting policies during the year.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds eamiarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal. and fall into one of two sub-classes: restricted income funds or
endowment funds.
11

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Notes to the Financial Statements (eontlnuèd)
Year ended 31 March 2023
Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity., it is probable that the economic benefits associated with the transaction
will flow to the charity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income:
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and ils amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimatsd resale value. Donated facilities and services are recognised in the
acGounts when received if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and retumed if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates:
expenditure on raising funds includes the costs of all fundraising activities, events.
non-charitable trading activities, and the sale of donated goods.
expenditure on Charilable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the goveman¢e of the Gharity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on Charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct G05ts
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
between the activities they Contribute to on a reasonable, justifiable and consistent basis.
12

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Notes to the Financial Statements (¢onlinuedJ
Year ended 31 March 2023
Accounting policies (¢ontinuedJ
Tanglble assets
Tangible assels are initially recorded at cost, and subsequently stated at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activilies. A decrease in the carrying
amount of an asset as a result of revaluation. is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case Ihe loss is shown within
other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset. less its residual
value, over the useful economic life of that asset as follows.
Motor vehicles
Equipment
Fully depreGialed
200/0 reduGing balance
Impaimient of fixed assets
A review for indicators of impaimient is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount. the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impaimient testing, when it is not possible to estimate the recoverable
amount of an individual asset. an estimate is made of the recoverable amount of Ihe
cash-generating unit to which the asset belongs. The cash-generating unit is the smallest
identifiable group of assets that includes the asset and generates cash inflows that largely
independent of the cash intlows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date. allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the Gharity
are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomgs a party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount re￿1vable or payable including
any related transaction costs.
13

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2023
Accounting policies (continuedj
Financial inslruments {continuedJ
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured
reliably, the investment is subsequently measured at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost less impaim)ent.
other financial instruments, including derivatives. are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business temis or financed at a rate of interest
Ihat is not a market rate. in which case the asset is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes
recognised in the statement of financial activities. with the exception of hedging instruments in a
designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reporting date. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial
activities in which the initial gain was recognised.
For all equity instruments regardless of significance. and other financial assets that are
individually significant, these are assessed individually for impairment. Other financial assets are
either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impaimient are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that eX￿edS what the carrying amount would
have been had the impairment not previously been recognised.
Limited by guarantee
The company is limited by guarantee and has no share capital. In the event of the charity being
wound up, the liability in respect of the guarantee is limited to £5 per member of the charity.
Income
'Income' includes donations and grant income from various entities as listed below, and is
non-trading in nature unless otherwise stated.
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
14

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Notes to the Financial Statements (eontln¢*d)
Year ended 31 March 2023
Income (¢ontinued)
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Donations
Northern Ireland Environmental
Agency
Belfast City Council- Core funding
Belfast City Council - Additional
funding
Events income
Lisburn & Castlereagh City Council
Keep Nl Beautiful Grant
Department for Infrastructure (Cycling
& Waterways Unit)
Heritage Lottery Fund
Department for communities - DFC
10,684
67,000
10,684
67,000
6,373
66,055
6,373
66,055
15.104
15,104
15.104
634
66,055
15.104
634
66,055
66,061
8.778
66,061
8,778
42,000
4,582
5.982
42,000
4,582
5,982
40,000
6,480
6.562
40.000
6.480
6.562
220.191
220,191
207.263
207.263
Expenditure on charitable activltles by fund type
Unrestricled Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Lagan Valley Regional Park
Support costs
171,250
40,352
171,250
40,352
211,602
166.103
33,461
166.103
33.461
211.602
199.564
199,564
Expenditure on charitable activitles by activity type
Activities
undertaken
directly
Support Total funds
costs
2023
Total fund
2022
Lagan Valley Regional Park
Governance costs
171.250
33,409
6.943
204.659
6,943
195.087
4,477
199.564
171,250
40.352
211.602
15

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2023
Analysis of support costs
Analysis of
support costs
activity 1 Total 2023 Total 2022
Communications and IT
General office
Finance costs
4,247
26,162
3,000
4,247
26,162
3,000
5,434
20,552
3,000
33,409
33,409
28,986
Net income
Net income is stated after chargingl(crediting):
2023
2022
Depreciation of tangible fixed assets
Operating lease rentals
3,718
7,025
1,382
5,463
10. Independent Èxamination fees
2023
2022
Fees payable to the independent examiner for.
Independent examination of the financial statements
Other assurance services
Tax advisory services
1,875
575
250
1,875
575
250
2,700
2,700
11. Staff costs
The average head count of employees during the year was 1 {2022: 5). The average number of
full-time equivalent employees during the year is analysed as follows:
2023
2022
No.
Number of administrative staff
Number of management staff
Number of other staff
No employee received employee benefits of more than £60.000 during the year {2022: Nil).
12. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related enlity were
received by the trustees.
16

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Notes to the Financial Statements {contlnued)
Year ended 31 March 2023
13. Tangible fixed assets
Motor
vehicles
Equipment
Total
Cost
At 1 April 2022
Additions
10.239
13.820
13.068
24,059
13,068
At 31 March 2023
10.239
26.888
37,127
Depreciation
At 1 April 2022
Charge for the year
At 31 March 2023
10.239
8.294
3.718
18,533
3,718
10,239
12.012
22,251
Carrying amount
At 31 March 2023
14,876
5,526
14.876
At 31 March 2022
5,526
14. Debtors
2023
2022
Prepayments and accrued income
167,908
162.054
'Other debtors" refers to LVRP'S accumulated reserve of underspend, held by Lisbum and
Castlereagh City Council.
15. Creditors: amounts falling due within one year
2023
2022
Accruals and deferred income
3,000
3.000
17

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
16. Analysis of charitable funds
Unrestricted funds
At
31 March 20
23
At
1 April 2022
Income Expenditure
General funds
181,316
220,191
(211.602)
189,905
At
31 March 20
22
At
1 April 2021
Income Expenditure
General funds
173.617
207,263
(199.564)
181,316
17. Analysis of net assets between funds
Unrestricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
14.876
178.029
(3,000)
189.905
14,876
178,029
{3,000)
189,905
Unrestricted Total Funds
Funds
2022
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
5.526
178.790
(3.000}
181,316
5,526
178,790
13.000)
181,316
18

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Management Information
Year ended 31 March 2023
The following pages do not form part of the financial statements.
19

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 March 2023
2023
2022
Income and endowments
Income
Northern Ireland Environmental Agency
Belfast City Council - Core funding
Belfast City Council - Additional funding
Events income
Lisburn & Castlereagh City Council
Keep Nl Beautiful Grant
Department for Infrastructure (Cycling & Waterways Unit)
Heritage Lottery Fund
Department for communities- DFC
10.684
67,000
15,104
6.373
66.055
15.104
634
66,055
66,061
8,778
42,000
4,582
5,982
40,000
6.480
6,562
220.191
207.263
Total Income
220.191
207,263
Expenditure
Expenditure on charitable activities
Wages and salaries
Operating leases
Rent
Rates and water
Light and heat
Repairs and maintenance
Insurance
Other establishment
Motor vehicle expenses
Vehicle leasinglhire
Legal and professional fees
Telephone
Other office costs
Depreciation
Other interest payable and similar charges
Event Costs
158,771
7,025
5,750
596
5.448
834
7,776
4.343
3,350
3.427
6,040
758
3,257
3,719
184
324
155,765
5.463
5,750
300
4.177
680
5.893
2.215
1.935
5,161
5.942
271
4,477
1,382
153
211,602
199.564
Total expenditure
211,602
199.564
Net income
8.589
7,699
20

Lagan Valley Regional Park Limited
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 31 March 2023
2023
2022
Expenditure on charitable activities
Lagan Valley Regional Park
Activities undertaken directly
LVRP - wageslsalaries
LVRP- tools
LVRP- clothing & uniforms
LVRP- repairs & maintenan
LVRP - other office costs
158,771
7,025
2,388
834
2,232
155,765
5,463
2.508
680
1,687
171,250
166,103
Support costs
LVRP support costs - Rent
LVRP support Costs - Water charges
LVRP support costs - Light & heat
LVRP support Gosts - Insurance
LVRP support Costs - Project Costs
LVRP support costs - Motor vehicle expenses
LVRP support costs - IT Costs
LVRP support costs- FinancelHRIIT Charge
LVRP support costs- Telephone
LVRP support costs - Other office costs
LVRP support costs - Event Costs
5,750
596
3,060
7,776
4,343
3,350
3,427
3,000
758
1,025
324
5,750
300
1,669
5,893
2,215
1,935
5,161
3,000
271
2,790
33,409
28,984
Govemance costs
LVRP Governance costs - accountancy fees
LVRP Governance costs- depreciation
LVRP Governance costs- bank charges
3,040
3,719
184
2,942
1.382
153
6,943
4.477
Expenditure on charitable activities
211.602
199.564
21