REGISTERED COMPANY NUMBER: N1046763 (Northern Ireland)
REGISTERÈD CHARITY NUMBER: NIC 104759
ort of the Trustees and
Financial Statements for the Year Ended 31 March 2024
for
Star Nei
hbourhood Centre
Acom
an Limited b Gu#rantee
Lynn Drake & Co Ltd
Chartered Accountants
1st Floor
34 B-D Main Street
Moira
Co. Arinagh
BT67 OLE

Star Nei
hbourhood Centre
Contents of the Financial Statements
for the Year Ended 31 March 2024
Page
Referenee and Administrative Details
Report of the Trustees
Independent Examiner's Report
Statement of Financial Actlvities
13
Statement of Financial Position
14 to 15
Notes to the Financial Statements
16 to 28
Detailed Statement of Financial Activities
29 to 30

Star Nei
hbourhood Centre
Reference and Administrative Details
for the Year Ended 31 March 2024
TRUSTEES
Kate Clarke
Liam Corr
Cecilia Heron
Liain Wiggins
Marisa Mcmahon
Gerard O'Reilly
Tommy Quigley
Sally Smith
Joe Doherty
COMPANY SECRETARY
Kate Clarke
REGISTERED OFFICE
79-83 Hillinan Street
Belfast
Co. Antrim
BTI 5 2FS
REGISTERED COMPANY
IYUMBER
N1046763 (Northern Ireland)
REGISTERED CHARITY
NUMBER
NIC 104759
INDEPENDENT EXAMINER Lynn Drake & Co Ltd
Chartered Accountants
1st Floor
34 B-D Main Street
Moira
Co. Armagh
BT67 OLE
CHIEF EXEC OFFICER
Maiia Valente
BANKERS
All led Irish Baiik
11-15 Donegall Square North
Belfast
BTI 5GB

Star Nei
hbourhood Centre
Re ort of the Trustees
for the Year Ended 31 March 2024
Tlie 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 2024. The trustees have
adopted the provisions of Accounting and Reporting by Charities-. Stateinent of Recommended Practice
applicable to charities preparing their ac¢ouiits in a¢cordanc¢ with the Financial Reportiiig Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019)-

Star Nei
hbourhood Centre
ort of the Trustees
for the Year Ended 31 March 2024
OBJECTIVES AND ACTIVITIES
Review of Year
2023 began with uncertainty and pessimism around funding. The Star Neighbourhood Centre faced short
term funding arrangemeiits and huge cuts in available funding.
The sector, still recovering froin the covid pandem ic now faced tlie cost-of-living crisis. This coupled with
the political vacuuill at Stormont, wliich had left us williout a functioning Asseinbly, has created ali
unprecedeiited fiinding enviroiiinent. Tlie reality was that we were required to do Inuch Inore, with Inuch
less.
Against this ominous backdrop The Star Neighbourhood Continued to deliver mucli needed services and
support for tlie cominuiiity. The SNC board applaud the tireless work of our staff aiid volunteers in providing
an iinpressive number of projects, programines, activities, and events throughout the past year.
This year approximately 130 people directly benefit from our services, and the indirect beneficiaries is
double this. CoiT)munity participated is at the heart of our organisatioii. All our activities whether it be
iinpioving access to quality childcare, Inaking our commuiiities safer, youth development, bui Iding cohesive
communities or building capacity. it is al l about making life a little better for residents.
Our family support services include an Early Years childcare Service, an out of school project, children's
holiday scliemes and parents, developinent and support programmes.
Our youth service delivered a raiige of Personal, Social &, Emotional developineiit prograinines for yoiiiig
people aged froin l 0-20 years old as well as several Good Relations and intervention prograinme.
The long-established older persons group coiitinues to Ineet at least once a week. This group provides a place
where older people can meet, socialise and come togetlier to participate in programines and events. The
group offers older people the opportunity to get involved iii wider community activities, helping to reduce
feelings of isolation and loiieSiness.
Our voluiiteer prograinine provides access to opportunities and supports people to learn aiid develop. We
contribLlted to iniproving the health aiid well-being of residents by provid iiig a range of Health proinotion
prograins. We continue to acts as a local resource center for tlie coiniiiunity. Offering services such as
photocopyinglscanning, use of PC/Laptops. Wi-Fi/internet access, telephone use and lending equipment.
W¢ believe local comniunity based and generic projects such as ours, offers first level intervention aiid
quality services wliich have an iininediate, visible and discernible effect on people who have persoiially
endured aiid experienced the devastating effects living in ali area of disadvaiitage
The Star Neiglibourhood Centre continues to work in partnersliip with community groups, orgaiiisations and
agencies iii order to develop skills, strengthening organisational structure and proc¢sses, addressing equality
issues and promoting engagement and participation.
This report contains the organisational key strategic aims and the activities and services delivered during the
year to achieve desired outcomes.
46 Children benefited from the childcare services
48 People participated in Good relations projects
l O Voluiiteers eiigaged in commuiiity development activities

Star Nei
hbourhood Centre
ort of the Trustees
for the Year Ended 31 March 2024
68 Children took part in holiday schemes
21 People took part in prograinmes to support and develop parents
30 Received food voucher siipport
50 Older people took part in a good relation social events
15 Individual yoiing people received raiige of OCN qualifications
30 Cliildren & young people took part in mental health proinotionlawareness programines
26 People participated iii prograinmes to promote a healthy lifestyle
40 Young people benefitting from youth inclusionldiversionary projects
Star Neighbourhood Board are delighted witli the organisations performance and focus on positive outcomes
to improve the lives of residents.
A special tliank you must be extended oiice again to our members who actively support the star and our
work. To our funders, iii particular OLir maiii flinders Departinent for Coinmunities Neighbourhood Renewal.
Tlie Department of Educatioii Patliway fund, and Belfast city couiicil, without their support we would not
exist.
To all the organTsations aiid individuals who have supported the Star Neighbourhood Centre through the
good tiines aiid tlie not so good tiines we thank you.
Liam Wiggins
Lhairperson

Star Nei
hbourhood Centre
ort of the Trustees
for the Year Ended 31 Mareh 2024
OBJECTIVES AND ACTIVITIES
Objectives and Activities
Tlie Star Neighbourhood Centre is an organic and generic community orgaiiisation, based on the Duncairn
Gardens interface iii the New Lodge area of North Belfast
We are a quality driven organisation where the focus is on our user requireinents and where quality is
demonstrated iii our day-to-day operatioiis.
We aim to respoiid to locally identified need through close engagement with the cominunity, beneficiaries
and potential beneficiaries. Tlie services the Star offers are tailored to meet local need. e.g., opening hours
and range of activities and prograinmes.
The Star works on a holistic basis witliiii the neiglibourhood, catering for pre-school age children to
providing a services for older people. Given its 'position' williin tlie community, the Star Neighbourliood
Centre has the flexibility to be able to react to particular situations and respond to cliangiiig local needs as
and when they arise.
Star Neighbourhood Centre provides a number of programmes, facilities and services to tlie Greater New
Lodge cominunity. These include'.-
Early Yeai's Project
Out of Schools project
Family Support
Youth projects
Older Persons support
Support for groups
Volunteer development Projects
Coiiiinlllllty incliision events
As well as the provision of services, the Star acts as a development catalyst for the area advocating and
campaigning on behalf of tli¢ cominuiiity to attract resources and drawing the attention of resource providers
and policy makers to the needs of the Greater New Lodge ar¢a.

Star Nei
hbourhood Centre
ort of the Trustees
for the Year Ended 31 March 2024
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Star Neiglibourhood Centre is an organic and generic community organisation, based on the Duncairn
Gardeiis interface in the New Lodge area of North Belfast.
We are a quality driven organisation wliere the focus is on our user requirements and where quality is
deinoiistrated in our day-to-day operations.
We aim to respond to locally identified iieed through close engagement with the community, beiieficiaries
and potential beneficiaries. The services tlie Star offers are tailored to meet local need, e.g., opening hours
and range of activities and programines.
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 flexibi lity to be abl¢ to react to particular situations and respond to changing local needs as
and wheii they arise.
Star Neighbourliood Centre provides a number of prograinmes, facilities and services to the Greater New
Lodge community. These include'.-
Early Years Project
Out of Schools project
Family Support
Yolltli projects
Older Persons support
Support for groups
Voliiiiteer development Projects
Cominunity inclusion events
Tl)e Ceiitre acts as a local resource ceiitre for the cominunity. This iiicludes offering services such as typing.
pliotocopying, coinpiiter and interii¢t access, telephone/fax and lending equipinent. The Star also acts as a
coiiduit to statutory and voluntary organisations for local people to access iiiformatioii of training, beiiefits,
legislation, employment and acts as a 'sigii poster" to other comimuiiity organisations and training providers
within the area.
As well as the provision of services. the Star acts as a d¢velopment catalyst for the ar¢a advocating and
cainpaigning on behalf of the coininunity to attract resources and drawing the attention of resource providers
aiid policy makers to the needs of th¢ Great¢r New Lodge area.

Star Nei
hbourhood Centre
ort of the Trustees
for the Year Ended 31 March 2024
ACHIEVEMENT AND PERFORMANCE
MISSION, VISION AND VALUES
The Star Neighbourhood Centre has adopted the following as its Mission, Vision and Value Statemeiits..
Mission
To improve the quality of life of residents by providing essential 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.
Coinmunity 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 JLlStice we seek to challenge poverty, injustice, and d iscriillination in all its forins.
Quality - we value creativity and innovation. we strive to deliver quality and best practice iii ev¢rything we
Accessibility - we work to reinove barriers and increase accessibility to our services. aiid
Integrity - we work together at all tiines, ensuring sensitivity and openness.
FINANCIAL REVIEW
Financial position
Tlie coinpany had iiet oiitgoing resoiirces for the year of £20,626 (2023.. net outgoing resources of £1,881),
which reflected tlie coinpletion of a number of projects during the year. Unrestricted funds decreased by
£4,472 and restricted funds decreased by £16,154.
Reserves Policy
The cliarity's policy is to retain a level of free reserves, which Inatclies the needs of the organisation, both at
the current time and in the foreseeable future. The reserves required should be sufficiei)t to meet coininitted
grant expenditLire and the runniiig costs for a period equivaleiit to six months annual expenditure.
The charity will continue to Inonitor compliance with this policy on a regular basis aiid the Board will
review the appropriatencss of the policy aniiually.

Star Nei
hbourhood Centre
ort of the Trustees
for the Year Ended 31 March 2024
FUTURE PLANS
Four strategic goals will deterinine the services programmes and projects we deliver. Our outcome based
approach in our work will provide a basis by which we can judge our success in our delivery. Each aiin 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 th¢m. These Strategic Aims will be achieved tlirougli
operational objectives. Overall our strategy is underpinned by our Vision Mission and Values wliich drives
all that we do.
Tlie core areas of our work are defined as:
Coinmunity Development
Childcare
Youth
Organisational Development
Therefore the strategic aiins of the Star Neighbourhood Centre reflect these areas as follows:
Strategic Aiin I
To ineet tlie identified needs of our community through leadership, participation and einpowermeiit iii order
that the cominunity continues to positively develop
Strategic Aim 2
To provide Iiigh quality and accessible cliildcare services for local families
Strategic Aiin 3
To provide opportunities for young people to engage in personal and social development activities and to
leave a legacy for the coinmuiiity
Strategic Aim 4
To be a 'fit for purpose, organisation that strives to continually develop and deliver high quality service
provision
Capital improveinents
The refurbishinent of the playground is completed. We are grateful for the substaiitial fuiiding from Belfast
City Council Local Investment Fuiid and Big Lottery awards for All, for Inaking it all possible.
Capital Grant from Department Of Cominunities funded a boiler replacement aiid the internal painting of the
biiilding.
Plaiined Projects/Programmes
T.. BUC prograinmes for young people
Coinmunity inclusion event for older p¢opl¢
New Early years project
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Star Neighbourhood Centre is a Coinpany limited by guarantee N1046763 and also a registered charity
tNICI 04759]- This structure has been found suitable, meets all legal obligations and protects the Centre and
Directors in the event of financial failure.

Star Nei
hbourhood Centre
ort of the Trustees
for the Year Ended 31 March 2024
STRUCTURE, GOVERNANCE AIYD MANAGEMENT
Recruitment and appointment of new trustees
The Charity follows an appraisal process to identify the skills required for the Truslee Board and to identify
any skills gap on the Board. Members of the Trustee Board receive a full inductioii programme on joiiiiiig
the Trustee Board and thereafter receive ongoing training and briefing s¢ssioiis.Tlie board completes an
annual evaluation of its effectiveness. Actions arisiiig froin this process are integrated into the corporate
workplan. The Trustee Board Lises open recruitment and strives to ensure tliat 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
Tlie Star Neighbourhood Ceiitre is a Company limited by guarantee [N146763] and also a registered charity
[NICI 04759]- This structure has been found suitable, meets 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
cominittee 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 tliese areas of work;
Setting striictures aiid procediires in place for the Committee to be maintained and replaced-
Representing the Committee on external platforms and to the general public; aiid
Being collectively responsible for tlie nianagement of tli¢ Ceiitr¢.
Key management remuneration
The Charity Trustees were not paid and did not receive any remiineration froiii the Charity in the year 2024
(2023 :nil). During the year, no Trustees were reiinbursed travel expenses (2023:nil).
Related parties
Tli¢r¢ were 110 related party transactions for the year ended 31 March 2024.

Star Nei
hbourhood Centre
Re ort of the Trustees
for the Year Ended 31 March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Risk management
The principles of good governance are embedded within all aspects of Star Neiglibourliood Centre Limited
operations witli manageinent and staff being keenly aware of the Boards responsibility of ensuring that the
organisation protects itself froin finaiicial exposure and reputational damage, A close working relationship
is maintained between the Board and Inanageinent to ensure that operationally staff ar¢ aware of the
staiidards required of them by the Board and the Board are always in a positioii to provide guidance and
support to management in the discharge of their duties. Tliis two way relationship is tlie key feature of Star
Neighbourliood Centre Limited governance arrangements and is a key strength in the company.
A conscientious approacli to ensuring tliat coiitractual project requireineiits are acli ieved has beeii maiiitaii)ed
at all times both in the accounting period being reported on and siiice Star Neiglibourhood Ceiitre Liinited
establishment. Very tiglit fiiiancial controls 011 expenditure and all fii)an¢ial cominitineiits are Inaiiitained at
all tiines and project staff have been traiiied and have become experienced in budgetary controls. In both
these areas ie Project delivery aiid finaiicial controls management all staff have established close working
relationships with funding organisations to eiisure all maiidatory standards are consistently achieved. Board
represeiitatives also actively engage with fiinding bodies.
The Board, managemeiit and staff are fully aware that the iiature of the work in wliicliever Neigl)bourhood
Centre Liinited is involved can bring with it a higli level of scrutiny to ensure that all activities are fully
compliant with funding requireineiits and, therefore, beyond reproach. The Board of Star Neighbourliood
Ceiitre Limited is, tlierefore, greatly reassured of the company's compliance with the Iiighest of standards of
goveriiance on the basis that all Inoiiitoring aiid evaluatioii of project del ivery demonstrates achieveinent of
all finders objectives and tliat funders, audits and vouching of financial expenditure and the Independent
Exainiiiers Report confirin coinpliaiice witli both probity and regularity in the use of nionies received
EVENTS SINCE THE END OF THE YEAR
Information relating to events since the end of the year is given in the notes to the fiiian¢ial stateillents.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
Tlie triistees (who are also th¢ directors of Star Neiglibourhood Centre for the piirposes of company law) are
responsible for preparing the Report of the Trustees and the financial stateineiits iii accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice) includ iiig Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republi¢ of Ireland"
Company law requires the triistees to prepar¢ financial statements for eacli financial year which give a true
and fair view of the state of affairs of the charitable company and of the incoming resources aiid application
of resources. including the incoine and expenditure, of the charitable company for that period. In preparing
those financial statements, the trustees are required to
sclect suitable accouiiting pol icies and then apply them consistently-
observe the methods and principles in the Charity SORP.
Inake judgements and estiinates that are reasoiiable and prudent.
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charitable company will continue in business.
10

Star Nei
hbourhood Centre
ort of the Trustees
for the Year Ended 31 March 2024
STATEMENT OF TRUSTEES, RESPONSIBILITIES - continued
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy
at any time the financial position of the charitable company and to enable thein to eiisure tliat tlie fiiiancial
statenients coinply witli the Companies Act 2006. They are also responsible for safeguardiiig the assets of
the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.
This report 112s 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 oil 15 May 2024 and signed on its belialf by..
I&CL
Kate Clarke - Trustee

Inde
endent Examiner's Re
Star Nei
hbourhood Centre
I report on the accounts of the company for tlie year ended 31 March 2024, wliich are set out 011 pages
thirteen to twenty eight.
ort to the Trustees of
Respective responsibilities of charity trustees and examiner
As the charity's triistees (and also the directors for the purposes of company law) you are responsible for the
preparatioii of the accounts in accordaiice with the requireinents 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 my responsibility to:
exainiiie tlie accouiits under Section 65 of the Cliarities Act
follow the procedures laid down in the gei)eral Directions given by the Cliarity Coinmission for
Northern Ireland undei. Section 65(9)(b) of the Charities Act
state whether particular matters have come to my attention.
Basis of the independent examiner's report
I Iiave examined your cliarity accounts as required under Section 65 of the Charities Act and my examination
was carried oiit in accordance with the geiieral Directions given by tlie Charity Commission for Nortliern
Ireland under Section 65(9)(b) of the Charities Act. Tlie examination included a review of the accountiiig
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 accounts, and seeking explanations from you as
charity trustees concerning any such matters.
My role is to state whetlier any material matters have come to my attention giving me cause to believe..
Tliat accounting records were not kept in accordaiice with Sectioii 386 of the Coinpaiiies Act 2006
Tliat tlie accounts do not accord witli those accountiiig records
That tlie accounts do not comply with tlie accounting i-equirements of Section 396 of tlie Coinpanies
Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice
applicable to charities preparing tlieir accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republ ic of Irelaiid
Tliat there is further inforination needed for a proper understanding of the accounts to be reached.
Independent examiner's statement
I liave completed my examination and liave no conceriis in respect of the Imatters ( l ) to (4) listed above and,
in coniiectioii witli followiiig the Directions of tlie Cliarity Commissioii for Northern Irelaiid, I liav¢ found no
matters that require drawing to your attention.
Billy
Lynn Drak¢ & Co Ltd
Chartered Accountants
I st Floor
34 B-D Main Street
Moira
Co. Armagh
BT67 OLE
15 May 2024
12

Star Nei
hbourhood Centre
Statement of Finaneial Aetivities
Ineor
oralin
an Iiicome and Ex
for the Year Ended 31 March 2024
enditure Account
31.3.24
Total
funds
31.3.23
Total
funds
Unrestricted Restricted
fund
fuiids
Notes
INCOME AND ENDOWMENTS FROM
Charitable activities
Grants Receivable
216,204
216,204
234,472
Otlier tradiiig activities
12,627
12,627
13,400
Total
12,627
216,204
228,831
247,872
EXPENDITURE ON
Charitable activities
Direct Cliaritable Expenses
Governance
13,499
3,600
232,358
245,857
3,600
246,513
3,240
Total
l7,099
232,358
249,457
249,753
NET INCOMEI(EXPENDITURE)
(4,472)
(l6.154)
(20,626)
(1,881)
RECONCILIATION OF FUNDS
Total funds bi'ought forward
55,611
147,735
203,346
205,227
TOTAL FUNDS CARRIED FORWARD
51,139
131,581
182,720
203,346
The notes form part of tliese financial statements
13

Star Nei
hbourhood Centre
Statement of Financial Position
31 March 2024
31.3.24
31.3.23
Notes
FIXED ASSETS
Tangible assets
17J,736
180,556
CURREIYT ASSETS
Debtors
Cash at bank
86
36,297
17,268
17,268
36,383
CREDITORS
Amounts falling due within one year
10
(8,284)
(13,193)
NET CURREINT ASSETS
8,984
23,190
TOTAL ASSETS LESS CURRENT
LIABILITIES
182,720
203,346
NET ASSETS
182,720
203,i46
FUNDS
Unrestricted funds
Restricted funds
12
51,139
131,581
55,611
147,735
TOTAL FUNDS
182,720
20J,346
The charitable company is entitled to exemption from audit uiider Section 477 of the Companies Act 2006
for the year ended 31 March 2024.
The Ineinbers have Iiot required the compaiiy to obtain an aud it of its finaiicial stateinents for the year ended
31 March 2024 in accordaiice with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a)
ensuriiig that the charitable coinpany keeps accounting records tliat comply witli Sections 386 and 387
of the Companies Act 2006 and
preparing financial stateinents which give a true and fair view of the state of affairs of the charitable
company as at the end of each fiiiancial year and of its surplus or deficit for each financial year iii
accordance witli tlie requiremeiits of Sections 394 aiid 395 and whicli otherwise comply witli the
requirements of the Coinpanies Act 2006 relating to financial statements, so far as applicable to the
charitable cornpany.
(b)
The notes form part of these financial statements
14
continued..

Star Nei
hbourhood Centre
Slatemenl of Financial Position - continued
31 March 2024
These finaiicial statements have been prepared in accordaiice with tlie provisions applicable to charitable
conipanies subject to the sinall coinpaiiies regiine.
The financial stateinents were approved by the Board of Trustees and authorised for issue on 15 May 2024
and were signed on its behalf by-
Kate Clarke - Trustee
Gerard O'Reilly Trustee
fva O'LL
Liam Wiggins - Trustee
The notes form part of these financial stateineiits
l5

Star Nei
hbourhood Centre
Notes to the Financial Statements
for the Year Ended 31 March 2024
ACCOUINTING POLICIES
Basis of preparing the financial statements
(a) General information and basis of preparation
Star Neighbourhood Centre Limited is constituted as a company limited by guarantee incorporated in
Northerii Ireland (N1046763). In tlie event of the charity being would up, tlie liability in respect of tlie
guarantee is limited to £ I per meniber of the cliarity.
Tlie charity constitutes a public benefit entity as defined by FRS I02. The financial statements have
been prepared in accordance with Accounting and Reporting by Charities: Statement of
Re¢oinineiided Practice applicable to charities preparing tlieir accounts in accordance with the
FiiianciÉil Reporting Standard appl icablc in th¢ UK and Republ ic of Ireland (FRS 102), tlie Finaiicial
Reporting Standard applicable iii the United Kingdoni 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 stateineiits are prepared on a going concern basis under the historical cost coiiveiition.
modified to include certain items at fair value. The financial stateinents are preseiited iii sterliiig
which is the functional currency of tlie charity.
The sigiiificant accountiiig policies applied iii the preparation of these fiiiancial 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 coinprise unrestricted funds tliat have been set aside by the trustees for particular
purposes. The aiin and use of eacli designated fund are set out in the notes to the financial statements.
Restricted funds are funds which are to be used iii accordance with specific restrictioiis imposed by
donors or wliich have been raised by tlie charity for particular purposes. The cost of raising and
administering such funds are charged agaiiist the specific fund. The aim and use of each restricted
fund are set out in the notes to the financial statements.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
(c) Income recognition
All incoming resources are included in the Stateinent of Financial Activities (SOFA) when the charity
is legally eiititled to the iiicome after any perforinance conditions have b¢¢ii met, tlie amount can be
measured reliably, and it is probable that the income will be rec¢iv¢d.
16
continued...

Star Nei
hbourhood Centre
Notes to the Financial Statements- continued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES - continued
Basis of preparing the financial statements
For donations to be recognised the charity will have beeli notified of tlie ainounts and the settleinent
date in writing. If there are conditions attached to the donation and this requires a level of
perforinance before entitleinent can be obtained then income is deferred until those conditions are
fully met or the fulfiliiient of tliose conditions is within the control of the charity and it is probable
that they will be fulfilled. Voluntary incoine 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 recogiiised iii income at tlieir fair value wlieii
their economic benefit is probable, it can be Ineasured reliably, and the charity has control over tlie
item. Fair value is determined 011 tlie basis of tlie value of tlie gift to the charity. For exainple, the
amount the charity would be willing to pay in tlie open market for such facilities and services. A
corresponding amount is recognised in expenditure.
No amount is incliided iii the financial stateinents for volunteer tiine in line with the SORP (FRS 102).
Further detail is given in the Truste¢s' Aiinual Report.
For legacies, entitleinent is the earlier of the charity being notified of ali iiT]pending d istribution or the
legacy being received. At this point income is recognised. Oil occasion legacies will be notified to the
charity Iiowever it is iiot possible to ineasure tlie amount expected to be distribiited. On these
occasions, the legacy is treated as a contingent asset and disclosed.
Income from tradiiig activities incliides income earned from fundraising events and trading activities
to raise funds for the charity. Incoine is received in exchaiige for supplying goods aiid services in
order to raise funds and is recognised wlien entitlement has occurred.
The cliarity receives goveriiineiit graiits whicli are detailed witliin the iiotes to these fiiiancial
statements. Income froin government aiid other grants are recogiiised at fair vallie when the charity
has eiititleinent after aiiy perforinance conditions have been Inet, it is probable that tlie incoine wil I be
received, and the ainoiint can be measiired reliably. If entitlement is iiot met. then tliese amounts are
deferred.
(d) Expenditiure recognition
All expenditure is accouiited for on ali accruals basis inclusive of V AT which cannot be recovered
aiid has been classified under headiiigs that aggregate all costs relat¢d to the category. Expenditure is
recognised wliere there is a legal or constructive obligation to make payinents to third parties. it is
probable that the settlement will be required, and th¢ amouiit of the obligation cali be measured
reliably. It is categorised under the following headings..
Costs of raising funds includes the costs associated with attracting voluntary incomes.
Expenditure on charitable activities includes those costs incurred by the charity iii the delivery of its
activities and services for its beiieficiaries. It includes both costs that can be allocated directly to such
activities and those costs of an indirect natiire necessary to support them. and
Other expenditure represents those items not falling iiito the categories above.
Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.
17
coiitinued..

Star Nei
hbourhood Centre
Notes to the Finaneial Statements - continued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES- continued
Basis of preparing the financial statements
Grants payable to third parties are within the charitable objectives. Where uncoiiditioiial grants are
offered. this is accrued as soon as tlie recipient is notified of the grant, as this gives rise to a
reasonable expectation that the recipieiit will receive the grants. Wliere grants are conditional relating
to performance tlien the grant is oiily accrued when any unfulfilled conditioiis are outside of the
control of the charity.
(e) Support costs allocation
Support costs are those that assist the work of the charity but do not directly represeiit charitable
activities and include office costs, governance costs, administrative payroll costs. They are incurred
directly in support of expenditure on tlie objects of the charity and include project maiiageineiit
carried out at Headquarters. Wh¢r¢ support costs caiinot be directly attribiited to particular lieadings
they have been allocated to cost of raising funds and expeiiditure on charitable activities on a basis
consistent with use of the resources. Premises overheads have been allocated on an iiisert detail basis
and other overheads have been allocated on a basis consistent with the use of resources.
Fund-raising costs are those incurred in seeking voluntary contribiitions and do not include the costs
of d isseminating information in support of the charitable activities.
(fj Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulatcd impairmeiit
losses. Cost includes Costs directly attributable to makiiig the asset capable of operating as inteiided.
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less
estimated residual value, of each asset on a systematic basis over its expected useful life as follows:
Freehold property 20/0 Straight Line
Fixtiires and fittings
15% oiicost
Minibiis
25 % on Reducing Balance
(g) Debtors and creditors receivable / payable within one year
Debtors and Creditors with no stated interest rate and receivable or payable witliin one year are
recorded at transaction price. Any losses arising from iinpairment are recognised iii expenditure.
(h) Financial Instrument5
A financial asset or a financial liability is recognised only when the charity becoines a party to the
contractual provision of the instrument.
Basic financial instruments are initially recognised at the ainounts receivable or payable including any
related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or otlier consideration
expected to be paid or relived and not discounted.
Debt instruments are subsequently measured at amortised cost.
18
continued...

Star Nei
hbourhood Centre
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES- continued
Basis of preparing the financial statements
Where investments in shares are publicly traded or their fair value can otherwise be tneasured
reliably, the investment is subsequeiiily measured at fair value with changes in fair value recognised
in incoine and expenditure. All other such investments are subsequently measured at cost less
impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond normal busiiiess terins or financed at a rate of interest that is
not a Inarket rate, in whicli case tlie asset is measured at the present value of the future payinents
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 tlie exception of hedging instriimeiits in a designed hedging
relationship.
Finaiicial assets tliat are iiieasured at cost or amortised cost are reviewed for objective evidence of
impairinent at the eiid of eacli reportin(T date. if there is objective evidence of iinpairment an
impairinent loss is recogiiised under the appropriate heading in the statement of financial activities in
which the in itial gaiii is i'ecognised.
For all eqiiity instrum¢i)ts regardless of significance, and otliei. financial assets tliat 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 impairment are recogiiised iminediately, to the extent that the reversal does iiot result
in a carrying amount of the finaiicial asset that exceeds what tlie carrying amount would have been
had the impairment 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, th¢ r¢cov¢rable amount of the asset, or th¢ asset's
cash generatiiig unit, is estimated and compared to the carrying amount. Where tlie carrying amount
exceeds its recoverable amount, an impairinent loss is recognised in profit or loss iinless tlie asset is
carried at a revalued amount where the impairment loss is a revaluation decrease.
(i) Provisions
Provisions are recognised when the charity has an obligation at the balance sheet date as a resiilt of a
past eveiit, it is probable that an outflow of ecoiioinic benefits will be required in settlcinent and the
amount cali be reliably estiillated.
(k) Leases
Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term
and the expected useful life of the asset. Minimum lease payin¢nts are apportioned betweeii 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 iii creditors.
19
continued...

Star Nei
hbourhood Centre
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES - continued
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 tlie lease.
{1) Tax
No provision is required for taxation as tlie company is defined as a cliarity for taxation purposes.
Tlie cliarity is a registered cliarity and so such is entitled to certain tax exemptions on income and
profits from investinents and surpluses on any trading activities carried oli in furtherance of the
charity's priinary objectives, if these profits and surpluses are applied solely for charitable purposes.
(m) Going concern
Tlie financial statements have been prepared oli a goiiig ¢oii¢ern basis as the trustees believe that no
Inaterial uiicertainties exist. The trustees liave considered tlie level of fuiids held aiid the expected
level of incoine aiid expenditiire for 12 montlis from authorising tliese financial statements. The
budgeted iiicome aiid expeiiditure is sufficient with the level of reserves for tl)e cliarity to be able to
continiie as a going concern.
(n) Judgements estimates
The followiiig judgeinents incliidiiig those involving estiimates that have been Inade in the process of
applying tlie above accounting policies that have had the Inost significant effect on tlie ainounts
recognised in the financial statements and that have a sigiiificant risk of causing a material adjustineiit
to the carrying amounts of assets and l labilities within the next finaiicial year..
(i) depreciation method and asset useful lives
The estiinates and assumptions are r¢view¢d on an ongoing basis considering the current and future
market conditions.
Taxation
The charity is exeinpt from corporation tax on its Cliaritable activities.
Taxation
The cliarity is a registered charity and so such is entitled to certain tax exemptions on incoine and
profits from investments and surpluses on any trading activities carried oli in furtherance of the
charity's primary objectives, if thcse profits and surpluses are applied solely for charitable purposes.
Fund accounting
Unrestricted fiinds Can be used in accordance with the charitabl¢ objectives at the discretion of th¢
trustees.
Restricted funds can only be used for particular restricted purposes within the obj¢cts of the charity.
Restrictions arise when sp¢cifi¢d 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
stateineiits.
20
continued...

Star Nei
hbourhood Centre
Notes to the Financial Statement5 - continued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES - Continued
Pension costs and other post-retirement benefits
The cliaritable company operates a defined contribution pension schcine. Contributions payable to
the cliaritable coinpaiiy's pension scheme are charged to the Statement of Fiiiancial Activities in the
period to which they relate.
OTHER TRADING ACTIVITIES
31.3.24
31.3.23
Fundraising and Donatioiis
Cliildcare Fees
Interest Received
115
12,356
156
13,400
12,627
13,400
INCOME FROM CHARITABLE ACTIVITIES
31.3.24
31.3.23
Activity
Graiits Receivable
Grants
216,204
234,472
Grants received, included in the above, are as follows..
31.3.24
31.3.23
Departiiient for Communities Salaries
Department for Communities - Runniiig costs
Children in Need
Belfast City Council - Revenue
Belfast City Council - Suinnier Scheme
Belfast City Council Good Relatioiis
Asliton Centre
CFNI
Groundwork Nl
Belfast Iiiterface Project
Education Authority - Belfast Region
Diincairn Cominunity Partnersliip
Pathway Fuiid - Early Years
Childcare Partiiership
Big Lottery - Awards for All
Belfast City Council LIF
John Moore
NHA BMF Community Fiind
B¢lfast City Council Health & Wellbeing
Cash for Kids
Department for Communities Cost of Living
Department for Communities Boiler R¢plac¢ment
124,129
141,387
1,500
7,380
13.500
4,782
16,200
2.500
3,276
2,129
2,000
1,000
3,695
8,977
2,000
21,000
2,764
20,093
6,082
9,999
18,470
5,000
1,000
17,032
1,000
3,155
1,500
7,976
216,204
234,472
continued.

Star Nei
hbourhood Centre
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
NET INCOMEI(EXPENDITURE)
Net iiicome/(expenditure) is stated after charging/(crediting)'.
31.3.24
31.3.23
D¢pre¢iatioii - owned assets
6,420
6,426
INDEPENDENT EXAMINERS REMUNERATION
The iiidependent examiners remuneration amounts to an independent exainiiiation fee of £3,600 (2023
£J,240)
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the
year ended 31 March 2023.
Trustees, expenses
There were no trustees, expenses paid for the year ei)ded 31 Marcli 2024 nor for the year ended
31 March 2023.
STAFF COSTS
31.3.24
31.3.23
Wages aiid salaries
Other peiision costs
150,256
11,564
159,296
11,176
161,820
170,472
The average rnonthly number of employees durlng the year was as follows:
31.3.24
31.3.23
Manageinent & Adininistration
No employees received emoluments in excess of £60.000.
22
Continued.

Star Nei
hbourhood Centre
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Freehold
property
Minibus
Totals
COST
At l April 2023 and 31 March 2024
281,894
62,867
5,200
349,961
DEPRECIATION
At l April 202i
Charge for year
103,602
5,638
61,071
765
5,132
17
169,805
6,420
At 31 March 2024
109,240
61,836
5,149
176,225
NET BOOK VALUE
At 31 Marcli 2024
172,654
1,031
173,736
At 31 Marcli 2023
178,292
1,796
68
180,156
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
Prepayinents and accrued income
86
10. CREDITORS: AMOUNTS FALLIIYG DUE WITHIN ONE YEAR
31.3.24
Social seclirity and otlier taxes
Accriials and deferred income
4,491
3,793
6,460
6,733
8,284
13,193
11. ANALYSIS OF NET ASSETS BETWEEN FUNDS
31.3.24
Total
fiinds
Unrestricted Restricted
fund
funds
Total
funds
Fixed assets
Current assets
Current l iabi lities
42,180
10,783
(1,824)
131,556
6,485
(6,460)
173,736
17,268
(8,284)
180,156
36,383
(13,193)
51,139
131,581
182,720
203,346
23
continued.-.

Star Nei
hbourhood Centre
Notes to the Financial Statements continued
for the Year Ended 31 March 2024
12. MOVEMENT IN FUNDS
Net
Inovement
in funds
At
3113124
At 114123
Unrestricted funds
Geiieral fund
55,611
(4,472)
51,139
Restrieted funds
Deferred Capital Grant Reserve
Depai'tiiient for Coininunities - Salaries
Big Lottery - Awards for All (Capital)
Big Lottery - Awards for All
136,336
(5,655)
25
(525)
(9,999)
130,681
25
875
1,400
9,999
147,735
(16,154)
131,581
TOTAL FUNDS
203,346
(20,626)
182,720
24
continued...

Star Nei
hbourhood Centre
Notes to the Financial St2ternents - Continued
for the Year Ended 31 March 2024
12. MOVEMENT IN FUNDS - continued
Net moveiTJent in funds, included in the above are as follows..
Incoining
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
12,627
(17,099)
(4,472)
Restricted funds
Deferred Capital Grant Reserve
Departiiient for Cominiinities - Salaries
Belfast City Coiincil Revenue
Belfast City Council - Summer Scheme
Belfast City Council - Good Relations
CFNI
Grouiidwork Nl
Belfast Iiiterface Project
Education Authority - Belfast Region
Patliway fiind - Early Years
Childcare Partnership
Big Lottery - Awards for All (Capital)
Big Lottery - Awards for All
Belfast Cil), Coiincil LIF
Belfast City Council Health &
W¢llbeiiig
Cash for Kids
Departinent for Communities Cost of
Living
Departinent for Communities Boiler
Replaceiiient
(5,655)
(124,129)
(16,200)
(2,500)
(3,276)
(2,000)
( 1,000)
(3,695)
(8,977)
(21,000)
(2,764)
(525)
(9,999)
(17,007)
(5,655)
25
124.154
16,200
2,500
3,276
2,000
1,000
3,695
8,977
21,000
2,764
(525)
(9,999)
17,007
1,000
3,155
( I ,000)
(3,155)
1,500
(1,500)
7,976
(7,976)
216,204
(232,358)
(16,154)
TOTAL FUIYDS
228,831
(249,457)
(20,626)
25
contiiiued.

Star Nei
hbourhood Centre
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
12.
IVIOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Net
movement
in fuiids
At
J113/23
At 114122
Unrestricted funds
General fund
61,149
(5,53 8)
55,611
Restricted funds
Deferi-ed Capital Grant Reserve
Educatioii Aiitl)ority - Belfast Region
Big Lottei'y - 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
26
continued...

Star Neiohbourhood Centre
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
12. MOVEMENT IN FufsDS - continued
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in fuiids
Unrestricted funds
General fuiid
13,400
(18,938)
(5,538)
Restricted funds
Deferred Capital Grant Reserve
Departmeiit t.or Coininuiiities - Salaries
Departineiit For Coinmuii ities
Riinniiig costs
Belfast City Council - Revenue
Belfast City Council - Summer Sclieme
Clii Idi-eii iii Need
Asliton Ceiitre
Education Authority - Belfast Region
Duncairn Comniunity Partnership
Pathway fuiid - Early Years
Childcare Partnership
Big Lottery - Awards for All (Capital)
Big Lottery - Awards for All
Belfast City Couiicil LIF
Jolin 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)
(7,3 80)
{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 FUINDS
247,872
(249,753)
(1,881)
13. CONTINGENT LIABILITIES
A conti ii(reiit liabil ity exists to repay grants received should certain conditions not be fulfi I led by the
charity.
27
continued...

Star Nei
hbourhood Centre
Notes to the Fiijancial Statements - continued
for the Year Ended 31 March 2024
14. RELATED PARTY DISCLOSURES
There wei'e iio related party transactions for the year ended 31 March 2024.
15. POST BALANCE SHEET EVENTS
There were iio events after the reporting period therefore no material issues need disclosed.
16. WINDING UP
Every nieiiiber of the Company undertakes to contribule to the assets of the Coinpany. in the event of
the saine being iiiound up wliile it is a Inetnber, or within one year after it ceases to be a member, for
paymeiit of tlie debts and liabilities of the Coinpany coiitracted before it ceases to be a Ineinber, and of
tlie costs. cliarges and expenses of winding up, and for the adjustmei)t of the rights of the contributor's
among tlieiiiselves, such amount as may be required not exceeding oiie pound.
17. SHARE CAPITAL
The Coinpany is Limited by Guarantee and has no Share Capital
28

Star Nei
hbourhood Centre
Detailed Statement of Financial Activities
for the Year Ended 31 March 2024
31.3.24
31.3.23
INCOME AND ENDOWMENTS
Other trading activities
Fiindraising aiid Doiiations
Cliildcare Fees
Interest Received
115
12,356
156
13,400
12,627
13,400
Charitable activities
Graiits
216,204
2J4,472
Total incoming resources
228,831
247,872
EXPENDITURE
Charitable activities
Wages
Pensions
Insurance
Telcphone and Iiitei'net
Postage and statioiiery
Suiidries
Utilities
Volunteer Expenses
Programme Costs
Refurbishinent costs
Cliildren & Yoiitli Schemes
Cleaning
Affiliation & Meinbersliip fees
Repairs & Maiiiteiiaiice
Resources
Repaid to Dep for Cominuiiities
Health & Safety
Repaid to Education Authority
Depreciation of tai)gibl¢ fixed assets
Bank Charges
150,256
11.564
4,887
4,294
159,296
11,176
4,330
6,064
114
959
6,891
1,670
11,140
18,470
5,316
5,461
3,234
21,859
23,761
118
338
35
9.063
1,656
2,463
433
6,426
673
,056
7,050
3,627
6,420
1,437
245,857
246,513
Support costs
Governance costs
Independent Exaininers Fee
3,600
3,240
This pag¢ does not form part of the statutory financial statements
29

Star Nei
hbourliood Centre
Detailed Stateinent of Financial Activities
for the Year Ended 31 March 2024
31.3.24
31.3.23
Total resources expended
249,457
249,753
Net expenditure
(20,626)
(1,881)
This page does not form part of the statutory financial statements
30