STATEMENT OF FINANCIAL ACTIVITIES FOR THRIVE IRELAND LIMITED FOR
THE YEAR ENDED 31 MARCH 2025
Unrestricted
Funds
Restricted Total Funds
Fund3
2025
Total
Funds
2024
Note
Incomlng resources
Volunt8ry income - grants and
donations
Income from charitable activities
Total incoming resources
17,904
25,371
43,275 27,741
62.253
25,371
87,624
57.761
R880urces expendod
Charitable activities
Total resource* expended
26,770
75 926 56,322
75,926
49,156
Net l{expendltur?} income
before transfers
13.097
11,399)
11,698
1,439
Transfer8
Gross tr8nsf8rs between funds
Net movements In funds
13,097
11,399)
11,698
1.439
Reconcillatlon of funds
Tot81 funds brought forward
Total funds carrled forward
11,471
24.568
28 398 26,959
40,096
12
The statement of flnanclal activities includes all galns and losses in the year.
All income and expenditure derive from continuing operations.

BALANCE SHEET FOR THRIVE IRELAND LIMITED AS AT 31 MARCH 2025
2025
2024
Note
Current assets
Debtors
Cash 8t bank 8nd in hand
Net assèts
7,827
11,933
19,701
Current Liabilities
Creditors.. amounts due within one year
4,258
3,236
Net Assets
40,096
28,398
The fund8 ofthe ¢harfty
Unrestricted income funds
Restricted income funds
Total charlty funds
11
11
24,568
11,471
40,096
28,398
For the year ending 31 March 2025, the company was entitled to exemption from audit under section
477 of the Companies Act 20C6 relating to small companies.
The members have not required the company to obtain an audit of ils accounts for the year in
question in ac￿rdanCe with section 476.
The directors acknowledge their responsibilities for complying with th8 requirements of the
Companies Act 2CQ6 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicsble to companies subject
to the small companies, regime.
Approved by the Board of Trustees on 11 September 2025.
Chr18 Thomspon
Truslee
10

NOTES TO THE FINANCIAL STATEMENTS FOR THRIVE IRELAND LIMITED AS
AT 31 MARCH 2025
ACCOUNTING POLICIES
(a) Basls of preparation of the flnancial statements
The financial statements have been prepared under the historic81 cost convention in accordance
with applicable United Kingdom Accounting Standards, the Charity Commission 'Stat8ment of
Recommendad Practice.. Accounting and Reporting by Charities, (SORP2015}, the Financial
Reporting Standard for Smaller Entities (effective January 2015), and the Companies Act 2￿6. A
summary of the principal accounting policies, which have been applied consistently, exc8Pt where
noted, is set out below.
(b) Fund accounting pollcy
Unrestricted income funds are general funds that 8re available for use at the trustees, discretion in
furtherance of the objectlV8s of the charity.
Further details of each fund are disclosed in Noto 11.
1¢) Incomlng r080urces
Donations are recognls8d where there is entitlement, certainty of raceipt 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 lime as the gift to which they relate.
Investment income is recogni5ed on a receivable basis.
Id) Resources expended
Li8biliti8s are recognised as soon as there is a legal or constructiva obligation committing the
charity to the exp8nditure. All expenditure is accounted for on an accruals basis and has baen
class'rfied under headings that aggregate all costs relating to the category.
Charitable expenditure comprises those costs incurred by tha charity in th8 delivery of its activities
8nd services for its beneficiaries. It includes both wsts that can be allocated directly to such
activities and those costs of 8n indirect nature necessary to support tham.
lol Governance cost8
Govemance 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 governancA or
constitutional matters
(f) Trade and other debtors will be recognised at the setllemenl amount due after any trade discount
offered. Prepayments are valued at the amount prepaid n8t of any Irade discounts due.
11

NOTES TO THE FINANCIAL STATEMENTS FOR THRIVE IRELAND LIMITED AS
AT 31 MARCH 2025
Voluntary Income
Unrestrlcted Restricted
Funds
Funds
2025
2025
Total
Funds
2025
Total
Funds
2024
Grants and donatlons
Las Casas Institute
Nl Community Relations Council
Benefact Trust
The Laing Trust
The Evangelisation Trust
Black Santa
TBF KL Thompson Trust
House of Vic Ryn
Donations
Fundraising and Gift Aid
6,000
4,871
11,000
3,500
6,000
6,000
4,871
4,120
11,000 11,000
3,500
432
1,300
3,500
3,500
2,495
1,300
3,500
3,500
2,4S5
4,986
7,109
1,203
43,275 27,741
17,904
26,371
Tho charity benefitt8d from the use of office space and facilities provided by Tearfund (Northern Ireland)
at its Belfast office. This valuation 18 included in donated income and an gquivalent amount raco9nised
as charitable expenditur8.
Income from charitable actlvities
Unrestrlcted Restricted
Funds
Funds
2025
2026
Total
Fund8
2025
Total
Funds
2024
Facllltation and tralning
44,349
30,020
4. Total resourc88 oxpended
Unrestricted
Funds 2025
Restrlcted Total
Funds
Funds
2025
2025
Total
Funds
2024
Staff Costs
Staff Expenses
Programme Costs
Operating Costs
39,557
277
7,296
2.026
49,156
21,889 61,446
50
327
4,831 12,127
2,026
26,770 7S,926
48,457
1,091
5,898
876
56.322
5. Staff costs, trustoe remuneratlon and expenses and costs of key management personnel
2025
2024
Staff Costs
61,773
49,548
12

NOTES TO THE FINANCIAL STATEMENTS FOR THRIVE IRELAND LIMITED AS
AT 31 MARCH 2025
Av8rage number of employees
During the year the org8nisation 8mployed two additional part time staff. No Trust88s rec8ived any
remuneration or expenses during the year.
Debtors
2025
2024
Accrued Income
Prepayments
7,461
366
7,827
10,819
11,933
7. Creditors
2025
2024
Accruals
4,258
3,236
Taxation
The company is a registered charity and is exempt from tax on income and gains to the extent
that these 8re applied to its charitable purposes.
Members. Liability
The charity is a privata 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 th8 charity in the event of liquidation.
10. Rélated partles
There were no related party transactions in the reporting period.
11. Analysls of Funds
At 1 Aprll Incoming Resources
2024
Resources Expended
Transf•rn
between
Funds
At31
March
2025
General Funds
Unrestricted Income Fund
Restricied Funds
11,471
62,253
(49,1561
24,568
28.398
87,624
75,926
40.096
13

NOTES TO THE FINANCIAL STATEMENTS FOR THRIVE IRELAND LIMITED AS
AT 31 MARCH 2025
12. Nel Assets by Fund
Unrestrtcted
Funds 2025
Rostricted
Funds 2025
Total Funds
2025
Total Funds
2024
Current Assets
Net Assets
24 568
24,568
40,096
40,096
28,398
28.398
15.528
14