STATEMENT OF FINANCIAL ACTIVITIES FOR THRIVE IRELAND LIMITED FOR
THE YEAR ENDED 31 MARCH 2023
Unrestrlcted
Funds
Restricted Total Funds
Funds
2023
Total
Funds
2022
Note
Incoming resources
Voluntary income- grants and
donations
Income from charitable activities
Other incoming resources
Total Incoming resources
7,636
4,747
12,383
14,678
58,133
58,133 40.703
4,535
59,916
65,769
4,747
70,516
Resources expended
Charitable activities
Total resources expended
71,456
71,456
2,480
2,480
73,936 63 209
73.936
63,209
Net Ilexpenditure) Income
before transfers
(5,687)
2,267
(3,420) 13,293
Transfers
Gross transfers behveen funds
Net movements in funds
(5.687)
2,267
{3,420} (3,293)
Reconciliation of funds
Total funds brought forward
Total funds carried forward
27,163
21,476
3,216
5,483
30,379
26,959
33,672
30,379
The statement of financial activities includes all gains and losses In the year.
All income and expenditure derive from continuing operations.

BALANCE SHEET FOR THRIVE IRELAND LIMITED AS AT 31 MARCH 2023
2023
2022
Not
Current assots
Debtors
Cash at bank and in hand
Net assets
9,326
20.128
29,454
13,395
19,313
32.708
Current Llabllltlo8
Creditors.. amounts due within one year
2,495
2,495
(2,329
2,329
Net A880ts
(26.959)
30,379
The funds ot the charlty
Unrestricted income funds
Restricted income funds
Total charlty funds
12
12
21,476
27,163
26,959
30,379
Forthe year endlng 31 March 2023, the company was entitled to exemptlon from audlt under
sectlon 477 of the Companies Act 2006 relating to small companies.
The members have not requlred the company to obtain an audlt of Its accounts for the year in
question In accordance with section 476.
The dirertors acknowledge their responslbilities for complylng wlth the requirements of the
Companies Act 2006 with respect to accounting record5 and the preparatlon of account5.
These accounts have been prepared In accordance with the provlslons applicable to companies
subject to the small companies, reglme.
Approved by the Board of Trustees on 28 September 2023.
Ghn Mltcho11
Trustse

NOTES TO THE FINANCIAL STATEMENTS FOR THRIVE IRELAND LIMITED AS
AT 31 MARCH 2023
ACCOUNTING POLICIES
(a) Basi8 of preparatlon of the financial statements
The financial statements have been prepared under the historical cost convention in accordance
with applicable United Kingdom Accounting Standards, the Charity Commission 'Statement of
Recommended Practice: Accounting and Reporting by Charities, (SORP2015), the Financial
Reporting Standard for Smaller Entities (effective January 2015), and the Companies Act 2006. A
summary of the principal accounting policies, which have been applied consistently, except where
noted, is set out below.
(b) Fund accountlng policy
Unrestricted income funds are general funds that are available for use at the trustees, discretion in
fvrtherance of the objectives of the charity.
Further details of each fund are disclosed in Note 12.
{c) Incoming resources
Donations are recognised where there is entitlement, certainty of re￿Ipt and the amount can be
measured with sufficient reliability.
Incoming resources from tax reclaims are included in the statement of financial activities at the
same time as the gift to which they relate.
Investment income is recognised on a receivable basis.
(d) Resources expended
Liabilities are recognised as soon as there is a legal or constructive obligation committing the
charity to the expenditure. All expenditure is accounted for on an accruals basis and has been
classified under headings that aggregate all costs relating to the category.
Charitable expenditure comprises 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.
le) Governance costs
Governance costs include costs of preparation and examination of the statutory accounts, the
costs of trustee meetings and the cost of any legal advice to trustees on governance or
constitutional matters
(n Trade and other debtors will be recognised at the settlement amount due after any trade discount
offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
10

NOTES TO THE FINANCIAL STATEMENTS FOR THRIVE IRELAND LIMITED AS
AT 31 MARCH 2023
Voluntary Income
Unrestricted Restricted
Funds
Funds
2023
2023
Total
Funds
2023
Total
Funds
2022
Grants and donations
Sir Halley Stewart
Nl Community Relations Council
St Anne's Cathedral Sit-out
Donations
Others
4,747
4,747
4,748
1,133
1,000
600
6,016
6,109
620
2,088
12,383 14 678
1,000
6,016
620
4,747
The charity benefitted from the use of office space and facilities provided by Tearfund (Northern Ireland)
at its Belfast office. These facilities have been valued at £2,500 for the year (2021- £2,500). This
valuation is included in donated income and an equivalent amount recognised as charitsble
expenditure.
Income from charltable activltle8
Unrestricted Restrlcted
Funds
Funds
2023
2023
Total
Funds
2023
Total
Funds
2022
Facilitation and training
58,133
58,133
40,703
4. Other incoming resources
Unrestricted
Funds 2023
Restrlcted
Funds
2023
Total
Funds
2023
Total
Funds
2022
Covid Job Retention Scheme
4,535
Total resources expended
Unrestrictod
Funds 2023
Restricted Total
Funds
Funds
2023
2023
Total
Funds
2022
staff Costs
Staff Expenses
Programme Costs
Operating Costs
43,223
980
23,337
3,916
71,456
1,875 45,098
54 1,034
551 23,888
3,916
2,480 73,936
43,795
1,012
14,298
4,104
63,209
11

NOTES TO THE FINANCIAL STATEMENTS FOR THRIVE IRELAND LIMITED AS
AT 31 MARCH 2023
Staff costs, trustee remuneration and expenses and costs of key management personnel
2023
2022
staff Costs
46,131
44,807
Average number of employees
During the year the organisation did employ other staff, however, the average remained at 1. No
Trustees received any remuneration or expenses during the year.
Debtor8
2023
2022
Accrued Income
9,326
13,395
Credltors
2023
2022
Accruals
2,495
2,329
Taxatlon
The company is a registered charity and is exempt from tax on income and gains to the extent
that these are applied to its charitable purposes.
10. Members, Liability
The charity Is a private company limited by guarantee and consequently does not have share
capital. Each of the members is liable to contribute an amount not exceeding £1 towards the
assets of the charity in the event of liquidation.
11. Relatsd partles
There were no related party transactions in the reporting period.
12. Analysis of Funds
At 1 April
2022
Incoming Resources
Resources Expended
Transfers
between
Funds
At31
March
2023
General Funds
Unrestricted Income Fund
Restricted Funds
27.163
3,216
30,379
65,769
4,747
70,516
(71,456)
2,480
73,936
21,476
5,483
26.959
12

NOTES TO THE FINANCIAL STATEMENTS FOR THRIVE IRELAND LIMITED AS
AT 31 MARCH 2023
13. Net Assets by Fund
Unrestricted
Funds 2023
Restricted
Funds 2023
Total Fund8
2023
Total Funds
2022
Current Assets
Net Assets
21,476
5,483
5N83
26.959
26,959
30,379
30,379
13