REGISTERED COMPANY NUMBER: N1046763 (Northern Ireland)
REGISTERED CHARITY NUMBER: NIC 104759
ort of the Trustees and
Financial Statements for the Year Ended 31 Ivlarch 2023
for
Star Ne
Acom
hb urh od Centre
Limited b Guarantee
an
Lynn Drake & Co Ltd
Chartered Accountants
I st Floor
34 B-D Main Street
Moird
Co. Arniagh
BT67 OLE

tsr Nei
hbourhood Centre
Contents of the Financial Statements
for the Year Ended 31 March 2023
Page
Reference and Administrative Details
Report of the Trustees
Independent Examiner's Report
io
Statement of Financial Activities
Statement of Financial Position
12 to 13
Notes to the Financial Statements
14 to 24
Detailed Statement of Financial Aetivities
25 to 26

Star Nei
hbourhood Centre
Reference and Administrative Detail
for the Year Ended 31 March 2023
TRUSTEES
Kate Clarke
Liarn Corr
Cecilia Heron
Liam Wiggins
Marisa Mcmahon
Gerard O'Reilly
Tommy Quigley
Sally Smith
Joe Doherty
COMPANY SECRETARY
Kate Clarke
REGISTERED OFFICE
79-83 Hillman Street
Belf&st
Co. Antrim
BT15 2FS
REGISTERED COMPANY
NUMBER
N1046763 (Northem Ireland)
REGISTERED CHARrrY
NUMBER
NIC 104759
INDEPENDENT EXAMINER Lynn Drake & Co Ltd
Chart¢r¢d Accountants
1st Floor
34 B-D Main Street
Moira
Co. Annagh
BT67 OLE
CHIEF EXEC OFFICER
Maria Valente
BANKERS
Allied Irish Bank
11-15 Donegall Square North
Belfast
BTI 5GB

Star Nei
hbourhood Centre
ort of the Trustees
for the Year Ended 31 March 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006. present their
report with the financial statements of the charity for the year ended 31 March 2023. The trustees hav¢
adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charilies preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019).
ORJECTIVES AND ACTIVITIES
Revieiv of Year
44 Children benefited from the childcare services
52 People participated in Good relations projects
l O Volunteers engaged in community development activities
68 Children took part in holiday schemes
20 People took part in programmes to support and develop parents
50 Winter warmer packs delivered to local residents
50 Older people took part in a good relation social event
15 Individual young people received range of OCN qualifications
36 Children & young people took part in mental health promotionlawareness programmes
20 People participated in prograrnmes to promote a healthy lifestyle
48 Young people benefitting from youth inclusionldiversionary projects

Star Nei
hbourhood Centre
ort of the Trustees
for the Year Ended 31 March 2023
OBJECTIVES AND ACTIvfTtES
Objectives and Activities
The principal activities of the company are the provision of facilities in the interests of social welfare for
recreation and other leisure activities and the provision of education through teaching, instruction. training.
seminars, Conferences, and the provision of facilities for education.
It is with pleasure I present the Star Neighbourhood Centre trustee report for year ending March 2023
This report contains th¢ organisational key strategic aims and the activities and services delivered during the
year to achieve desired outcomes. It highlights an impressive amount of activity and engagement with the
local residents.
Star Neighbourhood Board are delighted with the organisations performance and focus on positive outcomes
to improve the lives of residents. This is central to our organisations activities whether it be improving
access to quality childcare, making our communities safer. youth development, building cohesive
communities or building capacity- it is all about making life a little better for residents.
The Star Neighbourhood Centre continues to work in partnership with conununity groups, organisations and
agencies in order to develop skills, strengthening organisational structure and processes, addressing equality
issues and promoting engagement and participation.
Without doubt we are working in challenging times. Our comrnunities face daily struggles. poverty, mental
health, homelessness to name few, are all major issues
Our child¢ar¢ and family support services are running at full capacity.
The youth project continues to work to rneet the needs of the young people across North Belfast. The
personal social and emotional development of young people remains our core work. With Youth intervention
and good relations programmes also delivered.
This report covers the SNC organisational key strategic aims as well as activities and services delivered up
to th¢ ¢nd of March 2023.
Star Neighbourhood Board are delighted with the how the staff and volunteers have continued their vital
work and provided support and met needs for residents during energy increases and the cost of living crisis.
We remain committed to providing quality services and focus on positive outcomes to improve the lives of
residents.
A special thank you must be extended once again to our members who actively support the star and our
work. To our funders, in particular our main funder Department for Communities. The Department of
Education Pathway fund, EA, Belfast city council, John Moore & Children in Need, without their support we
would not exist.
To all the organisations and individuals who have supported the Star Neighbourhood Centre through the
good times and the not so good tim¢s w¢ thank you.

tar Nei
hbourhood Centre
ort of the Trustees
for the Year Ended 31 March 2023
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Star Neighbourhood Centre is an organic and generic ¢ommunity organisation, based on the Duncairn
Gardens interface in the New Lodge area of North Belfast.
We are a quality driven organisation where the focus is on our user requirements and where quality is
demonstrated in our day-to-day operations.
We aim to respond to locally identified need through close engagement with the community, beneficiaries
and potential beneficiaries. The services the Star offers are tailored to meet local need. e.g., opening hours
and range of activities and programmes.
The Star works on a holistic basis within the neighbourhood, catering for pre-school age children to
providing a services for older people. Given its 'position' within the community, the Star Neighbourhood
Centre has the flexibility to be able to react to particular situations and respond to changing local needs as
and when they arise.
Star Neighbourhood Centre provides a number of programmes, facilities and services to the Greater New
Lodge community. These in¢lude:_
' Early Years Project
Out of Schools project
' Family Support
Youth projects
' Older Persons support
Support for groups
Volunteer development Projects
' Community inclusion events
The Centre acts &$ a local r¢sourc¢ centre for the community. This includes offering services such as typing,
photocopying. computer and internet access, telephonelfax and lending equipment. The Star also acts as a
conduit to statutory and voluntary organi5ations for local people to access infomiation of training. benefits,
legislatio￿ employment and acts as a "sign poster" to other community organisations and training providers
within the area.
As well as the provision of services, the Star acts as a development catalyst for the area advocating and
campaigning on behalf of the community to attract resources and drawing the attention of resource providers
and policy makers to the needs of the Greater New Lodge area.

Star Nei
hbourhood Centre
ort of the Trustees
for the Year Ended 31 March 2023
ACHIEVEMENT AND PERFORMANCE
MISSION, VISION AND VALUES
The Star Neighbourhood Centre h&s adopted the following as its Mission, Vision and Value Statements:
Mission
To improve the quality of life of residents by providing essentiaI services to the Greater New Lodge area
Vision
Working to develop a cohesive and thriving community
Values
In working together towards our mission, we are committed to a number of values which underpin all that we
do and the way that we do it.
Community led - the participation of local people is central to our work.
' Respect - everyone has the right to be treated with dignity and respect.
Equality and Social Justice - we seek to challenge poverty, injustice, and discrimination in all its forms"
Quality - we value creativity and innovation; we strive to deliver quality and best practice in everything we
' Accessibility - we work to remove barriers and increase acc¢ssibility to our services. and
Integrity - we work together at all times, ensuring sensitivity and openness.

Star Nei
hbourhood Centre
Re ort of the Trustees
for the Year Ended 31 March 2023
FINANc￿L REVIEW
Financial position
The company had net outgoing resources for the year of £1,881 (2022: net outgoing resources of £23,339),
which reflected the completion of a number of projects during the year. Unrestricted funds decr¢as¢d by
£5,538 and restricted funds increased by £3,657.
Reserves Policy
The charity's policy is to retain a level of free reserves, which matches the needs of the Organisatio￿ both at
the current time and in the foreseeable future. The reserves required should be sufficient to meet committed
grant expenditure and the running costs for a period equiva]ent to six months annual expenditure.
The charity will continue to monitor compliance with this policy on a regular b&sis and th¢ Board will
review the appropriateness of the policy annually.
Future Plans
Four strategic goals will detern]ine the services programrnes and projects we deliver. Our outcome b&sed
approach in our work will provide a basis by which we can judge our success in our delivery. Each aim is
supported by a series of outcomes which specifies the Changes we want to see, the difference we want to
make.
It sets out our goals and how we will achieve them. These Strategi¢ Aims will be achieved through
operational objectives. Overall our strategy is underpinned by our Vision Mission and Valu¢s which drives
all that we do.
The core areas of our work are defined as:
Community Development
Childcare
Youth
Organisational Development
Therefore the strategic aims of the Star Neighbourhood Centre reflect these areas as follows..
Strategic Aim I
To meet the identified needs of our community through leadership, participation and empowennent in order
that th¢ community continues to positively develop
Strategic Aim 2
To provide high quality and ac¢¢ssibl¢ childcare services for local families
Strategic Aim 3
To provide opportunities for young people to engage in personal and social development activities and to
leave a legacy for the community
Strategic Aim 4
To be a 'fit for purpose, organisation that strives to continually develop and deliver high quality service
provision
Capital Improvements

Star Nei
hbourhood Centre
ort of the Trustees
for the Year Ended 31 Mareh 2023
Extensive improvement works of the building were completed at the end of 2021. This year will see the
outside play area benefit from a major refurbishment.
Funding from Big lottery and Belf&st City Council will allow for improved access to the play arei the
purchase of new play equipment and safe surfacing will provide quality play opportunities for children and
young people
STRUCTURE, GOVERNANCE AND IVIANAGEIIIENT
Governing doeument
The Star N¢ighbourhood Centre is a Company limited by guarantee N1046763 and also a registered charity
tNIC104759]. This structure has been found suitable, meets all legal obligations and protects the Centre and
Directors in the event of financial failure.
Recruitment and appointment of new trustees
The Charity follows an appraisal process to identify the skills required for the Trustee Board and to identify
any skills gap on the Board. Members of the Trustee Board receive a full induction programme on joining
the Trustee Board and thereafter receive ongoing training and briefing sessions.The board completes an
annual evaluation of its effectiveness. Actions arising from this process are integrated into the corporate
workplan. The Trustee Board uses open recruitment and strives to ensure that there is adequate local
representation on the Trustee Board.
The trustees delegate the day to day running of Star Neighbourhood to that of Maria Valente
Manager.
Finance
Organisational structure
The Star Neighbourhood Centre is a Company limited by guarantee tNt46763] and also a registered charity
tNIC104759]. This structure has been found suitable, me¢ts all legal obligations and protects the Centre and
Directors in the event of financial failure.
Currently 9 local people are on the board of directors. The roles, functions and responsibilities of the
committee are as follows:_
Deciding the overall strategy of the Centre;
Acting as Company Directors, leasehold and employers, and taking full responsibility for all legal aspects
involved in these are&s of work.
Setting structures and procedures in plac¢ for the Committee to be maintained and replaced.
' Representing the Committee on external platfornis and to the general public. and
' Being collectively responsible for the management of the C¢ntr¢.
Key management remunerntion
The Charity Trustees were not paid and did not receive any remuneration from the Charity in the year 2023
(2022 :nil). During the year, no Trustees were reimbursed travel expenses (2022:nil).
Related parties
There were no related party transactions for the year ended 31 March 2023.

Star Nei
hbourhood Celltre
Re ort of the Trustees
for the Year Ended 31 March 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Risk management
The principles of good governance are embedded within all aspects of Star Neighbourhood Centre Limited
operations with management and staff being keenly aware of the Boards responsibility of ensuring that the
organisation protects itself from financial exposur¢ and reputational damage, A close working relationship
is maintained between the Board and management to ensure that operationally staff are aware of the
standards required of them by the Board and th¢ Board are always in a position to provide guidance and
support to management in the discharge of their duties. This two way relationship is the key feature of Star
Neighbourhood Centre Limited governance arrangernents and is a key strength in the company.
A conscientious approach to ensuring that contractual project requirements are achieved has been maintained
at all times both in the accounting period being reported on and since Star Neighbourhood Centre Limited
establishment. Very tight financial controls on expenditure and all financial commitments are maintained at
all times and project staff have been trained and have become experienced in budgetary controls. In both
these areas ie Project delivery and financial controls management all staff have established close working
relationships with funding organisations to ensure all mandatory standards are consistently achieved. Board
representatives also actively engage with funding bodies.
The Board, management and staff are fully aware that the nature of the work in whichever Neighbourhood
Centre Limited is involved can bring with it a high level of scrutiny to ensure that all activities are fully
compliant with funding requirements and, therefore, beyond reproach. The Board of Star Neighbourhood
Centre Limited is, therefore. greatly reassured of the company's compliance with the highest of standards of
governance on the basis that all monitoring and evaluation of project delivery demonstrates achievement of
all finders objectives and that funders, audits and vouching of financial expenditure and the Independent
Examiners Report confimi compliance with both probity and regularity in the use of monies received
EVENTS SINCE THE END OF THE YEAR
Infomiation relating to events since the end of the year is given in the notes to the financial statements.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees (who are also the directors of Star Neighbourhood Centre for the purposes of company law) are
responsibl¢ for preparing the Report of the Trust¢¢s and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard
applicable in the UK and Republic of Ireland
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 charitable company and of the incoming resources and application
of resources, including th¢ income and expenditure, of the charitable company for that period. In preparing
those financial statements. th¢ truste¢s are required to
select suitable accounting policies and then apply them ¢onsistently'
observe the methods and principles in the Charity SORP;
make judgements and estimates that are reasonable and prudent.
prepare the financial statements on the going concern basis unless it is inappropriate to pr¢sume that the
haritabl¢ company will continu¢ in business.

Star Nei
hbourhood Centre
ort of the Trustees
for the Year Ended 31 March 2023
STATEMENT OF TRUSTEES, RESPONSIBILITIES - continued
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy
al any time the financial position of the charitable company and to enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of
the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.
This report h&8 been prepared in accordance with the special provisions of Part 15 of the Companies Act
2006 relating to small companies.
Approved by order of the board of trustees on 3 May 2023 and si￿ed on its behalf by:
Kate Clarke - Trustee

Inde
endent Examiner's Re
Star Nei
hbourhood Centre
I report on the accounts of the company for the year ended 31 March 2023, which are set out on pages eleven
to twenty four.
ort to the Trustees of
Respective responsibilities of charity trustees and examiner
As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for
independent examination, it is rny responsibility to:
examine the accounts under Section 65 of the Charities Act
follow the procedures laid down in the general Directions given by the Charity Commission for
Northern Ereland under Section 65(9)(b) of the Charities Act
state whether particular rnatters have come to rny attention.
Basis of the independent examiner's report
I have examined your charity accounts &8 required under Section 65 of the Charities Act and my exarnination
was carried out in accordance with the general Directions given by the Charity Commission for Northern
Ireland under Section 65(9)(b) of the Charities Act. The examination included a review of the accounting
records kept by the charity and a comparison of the accounts presented with those records. It also included
consideration of any unusual items or disclosures in the accouiits, and seeking explanations from you as
charity trustees conceming any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe..
That accounting records were not kept in accordance with Section 386 of the Companies Act 2006
That the accounts do not accord with those accounting records
That the accounts do not comply with the accounting requirements of Section 396 of the Companies
Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
appltcable in the UK and Republic of Ireland
That there is further inforniation needed for a proper understanding of the accounts to be reached.
Independent examiner's statement
I have completed my examination and have no concerns in respect of the matters (l) to (4) listed above and,
in connection with following the Directions of the Clwity Commission for Northern Ireland, I have found no
matters that require drawing to your attention.
Billy D
Lynn Drake & Co Ltd
Chartered Accountants
1st Floor
34 B-D Main Street
Moira
Co. Annagh
BT67 OLE
3 May 2023
10

Stsr Nei
hbourhood Centre
Statement of Financial Activities
Inco
oratin
an Income and Ex
for the Year Ended 31 March 2023
enditure Account
31.3.23
Total
funds
31.3.22
Total
funds
Unrestricted
fund
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Charitable activities
Grants Receivable
234,472
234,472
210,019
Other trading activities
13,400
13.400
16,546
Total
13,400
234,472
247,872
226,565
EXPENDITURE ON
Charitsble activities
Direct Charitable Expenses
Governance
18.399
539
228,114
2,701
246,513
3,240
246,642
3,262
Total
18,938
230,815
249,753
249,904
NET tNCOME/(EXPENDITURE)
(5,538)
3,657
(1,881)
(23,339)
RECONCILIATION OF FUNDS
Total funds brought forward
61,149
144,078
205,227
228,566
TOTAL FUNDS CARRIED FORWARD
55,611
147,735
203,346
205,227
The notes forni part of these financial statements

Star Nei
hbourhood Centre
Statement of Financial P
31 March 2023
sition
31.3.23
31.3.22
Notes
FIXED ASSETS
Tangible assets
180,156
186,582
CURRENT ASSETS
Debtors
Cash at bank
86
36,297
4,150
21.701
36,383
25,851
CREDITORS
Amounts falling du¢ within one year
io
(13,193)
(7,206)
NET CURRENT ASSETS
23,190
18,645
TOTAL ASSETS LESS CURRENT
LIABILrrIES
203,346
205,227
NET ASSETS
203,346
205,227
FUNDS
Unrestricted funds
Restricted funds
12
55,611
147,735
61,149
144,078
TOTAL FUNDS
203,346
205,227
The charitable Cornpany is entitled to exemption from audit under Section 477 of the Companies Act 2006
for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year cnded
31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a)
ensuring that the charltable company keeps accounting records that comply with Sections 386 and 387
of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of th¢ state of affairs of the charitable
company as at the end of each financial year and of its surplus or deficit for each financial year in
accordance with thc requirements of Sections 394 and 395 and which othen¥ise comply with the
requirements of the Companies Act 2006 rclating to financial slatements, so far as applicable to the
charitable company.
The notes fom part of these financial statements
12
continued...

Star Nei
hbourhood Centre
Statement of Financial Position - continued
31 March 2023
These financial statements have been prepared in accordance with the provisions applicable to charitable
companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 3 May 2023
and were signed on its behalf by:
Kate Clarke - Trustee
Gerard O'Reilly - Trustee
Liam Wiggins - Trustee
The notes form part of these financial statements
13

Star Nei
hbourhood Celltre
Notes to the Financial Ststements
for the Year Ended 31 March 2023
ACCOUNTING POLICIES
Basis of preparing the financial statements
(a) General infornlation and basis of preparation
Star Neighbourhood Centre Limited is constituted as a company limited by guarantee incorporated in
Northern Ireland (N1046763). In the event of the charity being would up, the liability in respect of the
guarantee 15 limited to £1 per member of Ihe charity.
The charity constitutes a public benefit entity as defined by FRS 102. The financial stateinents have
been prepared in accordance with Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). the Financial
Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the
Charities Act (Northern Ireland) 2013, the Companies Act 2006 and UK Generally Accepted Practice
as it applies from l January 2015.
The financial statements are prepared on a going concern basis under the historical cost conventio
modified to include certain items at fair value. Th¢ financial statements are presented in sterling
which is the functional currency of the charity.
The significant accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless otherwise stated.
(b) Funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general
objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular
purposes. The airn and use of each designated fund are set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the charity for particular purposes. Th¢ cost of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund are set out in the nofrs to the flnancial statements.
Further explanation of the nature and purpose of each fund is included in the notes to the fuw]cial
statements.
(e) In¢ome recognition
All incoming resources are included in the Stat¢m¢nt of FTnancial Activities (SOFA) when the charity
is legaIly entitled to the income after any p¢rforman¢¢ conditions have been met, the amount can be
measured reliably, and it is probable that the income will b¢ r¢¢¢ived.
14
ontinued...

Star Nei
hbourhood Centre
Notes to the Financial Statements- continued
for the Year Ended 31 March 2023
ACCOUNTING POLICIES - continued
Basis of preparing the finaneial statements
For donations to be recognised the charity will have been notified of the amounts and the settlement
date in writing. If there are conditions attached to the donation and this requires a level of
perfonnance before entitlement can be obtained then income is deferred until those conditions are
fully met or the fulfilment of those conditions is within the control of the charity and it is probable
that they will be fulfilled. Voluntary income is received by way of grants, donations and gifts and is
included in full in the Statement of Financial Activities (SOFA) when receivable. Income received
from collections is recognised when received.
Donated facilities and donated professional services are recognised in income at their fair value when
their economic benefit is probable. it can be measured reliably, and the charity has control over the
item. Fair value is detennined on the basis of the value of the gift to the charity. For example, the
amount the charity would be willing to pay in the open rnarket for such facilities and services. A
corresponding amount is recognised in expenditure.
No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102).
Further detail is given in the Trustees, Annual Report.
For legacies. entitlement is the earlier of the charity being notified of an irnpending distribution or the
legacy being received. At this point income is recognised. On occ&sion legacies will be notified to the
charity however it is not possible to rneasure the amount expected to be distributed. On these
occasions, the legacy is treated as a contingent asset and disclosed.
Income from trading activities includes income earned from fundraising events and trading activities
to raise funds for the charity. Income is received in exchange for supplying goods and services in
order to raise funds and is recognised when entitlement has occurred.
The charlty receiv¢s government grants which are detailed within the notes to these financial
statements. Income from government and other grants ar¢ recognised at fair value when the charity
has entitlement after any performance conditions have been met, it is probable that the income will be
received, and the amount can be measured reliably. If entitlement is not met, then these amounts are
deferred.
(d) Expenditiure recognition
All expenditure is accounted for on an accruals basis inclusive of VAT which cannot be recovered
and has been classified under headings that aggregate all costs related to the category. Expenditure is
recognised where there is a legal or constructive obligation to make payments to third parties, it is
probable that the settlement will be required. and the amount of the obligation Can be measured
reliably. It is categoiised under the following headings=
Costs of raising funds includes th¢ costs associated with attracting voluntary incomes.
Expenditure on charitable activiti¢s includes those costs incurred by the charity in the delivery of its
activities and services for its beneficiaries. It includes both costs that can be allocated directly to such
activities and those costs of an indirect nature necessary to support them. and
Other expenditure represents those items not falling into the categories above.
Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.
15
continued...

Star Nei
hbourh od Centre
Notes to the Financial Statements - continued
for the Year Ended 31 March 2023
ACCOUNTING POLICIES - continued
Basis of preparing the financial statements
Grants payable to third parties are within the charitable objectives. Where unconditional grants are
offered, this is accrued as soon as the recipient is notified of the grant, as this gives rise to a
reasonable expectation that the recipient will receive th¢ grants. Where grants are conditional relating
to performance then the grant is only accrued when any unfulfilled conditions are outside of the
control of the charity.
{e) Support eosts alloeation
Support costs are those that assist the work of the charity but do not directly represent charitsble
activities and include office costs, governance costs, administrative payroll costs. They are incurred
directly in support of expenditttre on the objects of the charity and include project management
carried out at Headquarters. Where support costs cannot be directly attributed to particular headings
they have been allocated to cost of raising funds and expenditure on charitable activities on a basis
consistent with use of the resources. Premises overheads have been allocated on an insert detail b&8is
and other overheads have been aIlocated on a basis consistent with the use of resources.
Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs
of disseminating inforn]ation in support of the charitable activities.
(fj Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairnient
105ses. Cost includes costs directly attributable to making the asset capable of operating as intended.
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less
estimated residual vaIue, of each asset on a systematic basis over its expected useful life as follows..
Freehold property - 20/0 Straight Line
Fixtures and fittings 15 % on cost
Minibus - 25% on Reducing Balance
) Debtors and creditors receivable I payable Trvithin one year
Debtors and creditors with no stated interest rate and receivabl¢ or payable within one year are
recorded al transaction price. Any losses arising from impairn]¢nt are recognised in expenditure.
(h) Financial Instruments
A financTal asset or a financial liability is recognised only when the charity becomes a party to the
contractual provision of the instrument.
B&8ic financial instruments are initially recognised at the amounts receivable or payable including any
related transaction costs.
Current assets and current liabilities are subscquently measured at the cash or other consideration
expected to be paid or relived and not discounted.
Debt instrurnents are subsequently me&sured at amortised cost.
16
continued...

tar Nei
hbourhood Centre
Not to the Financial Statements- continued
for the Year Ended 31 March 2023
ACCOUNTING POLICIES - Continued
Basis of preparing the financial statements
Where investments in shares are publicly traded or their fair value can othenvise 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
impaimient.
Other financial instruments, including derivatives, are initially recognised at fair value, unless
payment for an &8set is deferred beyond nonnal business ternis or financed at a rale of interest that 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 designed hedging
relationship.
Financial assets that are measured at cost or arnortised cost are reviewed for objective evidence of
impairment at the end of each reporting date. if there is objective evidence of impainnent an
impainnent loss is recognised under the appropriate heading in the statement of financial activities in
which the initial gain is recognised.
For all equity instruments regardless of significance. and other financial assets that are individually
significanL these are assessed individually for impairnient. Other financial assets are either assessed
individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairnient are recognised immediately, to the extent that the reversal does not result
in a canying amount of the financial asset that exceeds what the carrying amount would have been
had the impainnent not previously been recognised.
(i) Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at
each balance sheet date. If such indication exists, the recoverable amount of the asset, or th¢ assevs
cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount
exceeds its recoverable arnount, an impairnient loss is recognised in profit or loss unless the asset is
carried at a revalu¢d arnount where the impairment loss is a revaluation d¢cre&se.
(i) Provisions
Provisions are recognised when the charity has an obligation at the balance sheet date as a result of a
past event, it is probable that an oufflow of economic benefits will be required in settlement and the
amount can be reliably estimated.
(k) Leases
Assets acquired under finance Icases are capitalised and depreciated over the shorter of the lease tern]
and the expected useful life of the &8set. Minirnum lease payments are apportioned between the
finance charge and the reduction of the outstanding lease liability using the effective interest method.
The related obligations, net of future finance charges, are included in creditors.
17
continued...

Star Nei
hbourhood Centre
Notes to the Financial Statements - continued
for the Year Ended 31 Mareh 2023
ACCOUNTING POLICIES - eontinued
Basis of preparing the financial statements
Rentals payable and receivable under operating leases are charged to the SOFA on a straight line basis
over the period of the lease.
(l) Tax
No provision is required for taxation &8 the company is defined as a charity for t￿atIOn pu￿OseS.
The charity is a registered charity and so such is entilled to certain tax exemptions on income and
profits from investments and surpluses on any trading activities carried on in furtherance of the
charity's primary objectives, if these profits and surpluses are applied solely for charitable purposes.
(m) Going eoneern
The financial statements have been prepared on a going concern basis as the trustees believe that no
material uncertainties exist. The trustees have considered the level of funds held and the expected
level of income and expenditure for 12 months from authorising these financial stat¢rnents. The
budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to
continue as a going concern.
(n) Judgements estimates
The following judgements including those involving estimates that have been made in the process of
applying the above accounting policies that have had the most sig]ificant effect on the amounts
recognised in the financial statements and that have a significant risk of causing a material adjustment
to the carrying amounts of assets and liabilities within the next financial year:
(i) depreciation method and asset useful lives
The estimates and assurnptions are reviewed on an ongoing basis considering the current and future
market conditions.
Taxation
The charity is exempt from corporation tax on its charitable activities.
T21ation
The charity is a registered charity and so such is entitled to certain tax exemptions on income and
profits from investments and surpluses on any trading activities carried on in furtherance of the
charity's primary objectives, if these profits and surpluses are applied solely for charitable putposes.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectiv¢s at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
R¢strictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
18
continued...

Star Nei
hbourhood Centre
Notes to the Finaneial Statements - eontinued
for the Year Ended 31 March 2023
ACCOUIYTING POLICIES - continued
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to
the charitable company's pension scheme are charged to the Staternent of Financial Activities in the
period to which they relate.
OTHER TRADING ACTIVITIES
31.3.23
31.3.22
Ashton CIT
Childcare Fees
Interest Received
644
15,899
13,400
13,400
16,546
INCOME FROM CHARITABLE ACTIvrrIES
31.3.23
31.3.22
Activity
Grants Receivable
Grants
234,472
210,019
Grants received, included in the above, are as follows:
31.3.23
31.3.22
Department for Communities - Salaries
Department for Communities - Running costs
Children in Need
Belfast City Council - Revenue
Belfast City Council - Summer Sch¢me
Ashton Centre
HSCB Childcare Partnership
Belfast Interface Project
Education Authority - Belfast Region
Duncairn Community Partnership
Pathway Fund - Early Y¢ar5
Childcare Partnership
Big Lottery - Awards for All
Belfast City Council LIF
Childcare Recovery Support Fund
John Moore
NHA BMF Community Fund
141,387
1,500
7,380
13,500
4,782
2,129
131,203
6,880
13,000
4,060
1,900
17,529
2,000
1,150
20,093
6,082
9,999
18,470
20,093
15,354
5.000
1.000
234,472
210.019
19
continued..

Star Nei
hbourho
entre
Notes to the Financial Statements- Continued
for the Year Ended 31 March 2023
NET INCOMEI(EXPENDITURE)
N¢t income/(expenditure) is stated after chargingl(crediting):
31.3.23
31.3.22
Depreciation - owned assets
6,426
6,206
INDEPENDENT EXAMINERS REIIIUNERATION
The independent examiners remuneration amounts to an independent examination fee of £3,240 (2022
£3,240)
TRUSTEES, RElItUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 3 l March 2023 nor for the
year ended 31 March 2022.
Trustees, expenses
There were no Irustees, expenses paid for the year ended 31 March 2023 nor for the year ended
31 March 2022.
STAFF COSTS
31.3.23
31.3.22
Wages and salaries
Other pension costs
159,296
11,176
154,996
11,162
170.472
166,158
The average monthly number of employees during the year was as follows..
31.3.23
31.3.22
Management & Administration
No employees received emoluments in excess of £60,000.
20
continued...

tar Nei
hbourhood Centre
Iyotes to the Financial Statements- continued
for the Year Ended 31 March 2023
TANGIBLE FIXED ASSETS
Fixtures
Freehold
property
fittings
Minibus
Totals
COST
At l April 2022 and 31 March 2023
281,894
62,867
5,200
349,961
DEPRECIATION
At l April 2022
Charge for year
97,964
5,638
60,306
765
5.109
23
163,379
6,426
At 31 March 2023
103,602
61,071
5,132
169,805
IYET BOOK VALUE
At 31 March 2023
178,292
1,796
68
180,156
At 31 March 2022
183,930
2,561
91
186.582
DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
31.3.23
31.3.22
Prepayments and accrued income
86
4,150
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23
31.3.22
Sociat security and other taxes
A¢¢ruals and deferred income
6.460
6,733
745
6,461
13,193
7,206
11. ANALYSIS OF NET ASSETS BETWEEN FUNDS
31.3.23
Total
funds
31.3.22
Total
fwids
Unrestricted Restricted
fund
funds
Fixed assets
Current assets
Current liabilities
42.420
17,457
(4.266)
137,736
18,926
(8,927)
180.156
36,383
(13,193)
186.582
25,851
(7,206)
55,611
147,735
203,346
205,227
21
continued...

Stsr Nei
hbourhood Centre
Notes to the Financial
tatements - continued
for the Year Ended 31 March 2023
12. MOVEMENT IN FUNDS
Net
movement
in funds
At
3113123
At 114122
Unrestricted funds
General fund
61,149
(5,538)
55,611
Restricted funds
Deferred Capital Grant Reserve
Education Authority - Belfast Region
Big Lottery - Awards for All (Capital)
Big Lottery- Awards for All
141,997
156
1,925
(5,661)
(156)
(525)
9,999
136,336
1,400
9,999
144,078
3,657
147,735
TOTAL FUNDS
205,227
(1.881)
203.346
Net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
13,400
(18,938)
(5,538)
Restricted funds
D¢ferred Capital Grant Reserve
Department for Communities - Salaries
Department For Communities -
Running costs
Belf&%t City Council - Revenue
Belfast City Council- Summer Scheme
Children in Need
Ashton Centre
Education Authority - Belfast Region
Duncairn Community Partnership
Pathway fund - Early Years
Childcare Partnership
Big Lottery - Awards for All (Capital)
Big Lottery - Awards for All
Belfast City Council LIF
John Moore
NHA BMF Community Fund
(5,661)
(141,387)
(5,661)
141,387
1,500
13,500
4.782
7,380
2,129
2,000
1,150
20,093
6,082
(1,500)
(13,500)
(4,782)
(7,380)
(2,129)
(2.156)
(1,150)
(20,093)
(6,082)
(525)
(156)
(525)
9,999
9.999
18.470
5,000
1.000
(18.470)
(5.000)
(1.000)
234,472
(230,815)
3,657
TOTAL FUNDS
247,872
(249,753)
(1,881)
22
continued...

Star Nei
hbourhood Centre
Notes to the Financial
tatement
for the Year EDded 31 March 2023
continued
12.
MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Net
movement
in funds
At
3113122
At 114/21
Unrestrieted funds
General fund
63,708
(2,559)
61,149
Restricted funds
Deferred CapitaI Grant Reserve
Education Authority - Belfast Region
Big Lottery- Awards for All (Capital)
Childcare Recovery Support Fund
147,666
(5,669)
156
{525)
(14,742)
141,997
156
1,925
2,450
14,742
164,858
(20,780)
144,078
TOTAL FUNDS
228,566
(23,339)
205,227
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
16,546
(19,105)
(2,559)
Restricted funds
Deferred Capital Grant Reserve
Department for Communities - Salaries
Belfast City Council - Revenue
Children in Nced
HSCB Childcare Partnership
Belfast Interface Project
Education Authority - Belfast Region
Pathway fund - Early Years
Big Lottery - Awards for All (Capital)
Childcare Recovery Support Fund
(5,669)
(131,203)
(13,000)
(6,880)
(4.060)
(1.900)
(17,373)
(20,093)
(525)
(30,096)
(5,669)
131,203
13,000
6,880
4,060
1,900
17,529
20,093
156
(525)
(14,742)
15,354
210.019
(230.799)
(20,780)
TOTAL FUNDS
226.565
(249,904)
(23,339)
23
continued...

Star Nei
hbourhood Centre
Notes to the Financial Statements - continued
for the Year Ended 31 March 2023
13. CONTINGENT LIABILITIES
A contingent liability exists to r¢pay grants received should certain conditions not be fulfilled by the
charity.
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
15. POST BALANCE SHEET EVENTS
There were no events after the reporting period therefore no material issues need disclosed.
16. WINDING UP
Every member of the Company undertakes to contribute to the assets of the Company, in the event of
the same being wound up while it is a member, or within one year after it ceases to be a member, for
payment of the debts and liabilities of the Company contracted before it ce&8es to be a member, and of
the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributor's
among themselves, such amount as rnay be required not exceeding one pound.
17. SHARE CAPITAL
The Company is Limited by Guarante¢ and has no Share Capital
18. COVID-19
The trustees Continue to monitor the irnpact of Covid 19. The trustees believe there is no adjusting
events to report after the reporting dat¢. The trustees will continue to monitor the situation closely to
secure the viability of the organisation.
24

Star Nei
hbourhood Centre
Detailed Statement of Financial Activities
for the Year Ended 31 Mareh 2023
31.3.23
31.3.22
INCOME AND ENDOWIVIENTS
Other trading aetivities
Ashton CIT
Childcare Fees
Interest Received
644
15,899
13,400
13.400
16,546
Charitable activities
Grants
234,472
210,019
Total incoming resources
247,872
226.565
EXPEF4DITURE
Charitable activities
Wages
Pensions
Insurance
Light and heat
Telephone and Internet
Postage and stationery
Sundries
Volunteer Expenses
Programme Costs
Refurbishment costs
Children & Youth Schemes
Cleaning
Affiliation & Membership fees
Repairs & Maintenance
Resources
Repaid to Dep for Communities
Health & Safety
Repaid to Education Authority
Salaries - Non Consolidated Uplift
D¢pr¢ciation of tangible fixed assets
Bank Charges
159,296
11.176
4,330
6,891
6,064
114
959
1,670
11,140
18,470
5,316
154,996
11,162
4,035
4,199
5,790
1,274
1,076
27,837
11,560
730
730
898
918
338
35
9,063
1,656
2,463
433
2,170
709
11,800
6,206
552
6,426
673
246,513
246.642
Support Costs
This page does not fonn part of the statutory financial statements
25

Star Nei
hb urh d Centre
Detailed Statement of Financial Activities
for the Year Ended 31 March 2023
31.3.23
31.3.22
Support costs
Governance costs
Independent Exarniners Fee
Legal fees
3,240
3,240
22
3,240
3,262
Total resources expended
249,753
249,904
Net expenditure
(1,881)
(23,339)
This page does not forni part of the statutory financial statements
26