Charlty Re9iStration No. NIC 105169
Company Registration No. N1037645 (Northern Ireland)
NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING
AS COMMUNITY ARTS PARTNERSHIP
ANNUAL REPORT AND UNAUDITED FINANCIAL
STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
K McFarlane
Mr P Campbell
C Shields
J Mccann
Secretary
C Shields
Charfty number
NIC 105169
Company number
N1037645
Reg15tered office
The Arc
7 Donegall Street Place
Belfast
Co. Antrim
Northern Ireland
BT1 2FN
Independent exarniner
FPM Accountants Limited
1 3 Arthur Street
Belfast
Co. Antrim
Northern Ireland
BT14GA

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
CONTENTS
Page
Trustees report
1- 13
ststement of Trustees responslbllitles
14
Independent examinerfs report
15- 16
ststement of financial activities
17
Balance sheet
18- 19
Notes to the financial statements
20-31

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2022
The Directors have pleasure in submitting their annual report together with the audited financial statements
for the year ended 31 December 2022 for New Belfast Community Arts Initiative Va Community Arts
Partnership {CAPI.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to
the financial statements and comply with the charity's Igoverning documentl, the Companies Act 2006 and
"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 IFRS 1021 (effective 1 January 20191"
ObJKtlves and activitiès
New Belfast Community Arts Initiative is a company limited by guarantee whose objects are recognised as
charitable by HM Revenue & Customs.
New Belfast Community Arts Initiative trading as Va Community Arts Partnership is a registered charity (XR
365701 and a company lirnited by guarantee (Northern Ireland Nl 376451 and is registered with the Northern
Ireland Charity Commission (NIC 1051691.
Our Mission is
To take the lead in the promotion, development and delivery of community arts
practice, to affect positive change.
Our vision is
To see the emergence of a just, inclusive, peaceful and creative society, where
difference 45 welcomed and participation is valued.
We have a Mo-fold approach to arts development..
firstly supporting access and participation by seeking to affect policy through advocacy and
leadership and
secondly, promoting authorship and ownership through the active engagement in projects and
programmes.
We offer a platform for policy consultation and development whilst at the same time, develop new creative
opportunities for artists, communities and individuals through:
Art5 workshop programme
Art5 workshop services
Advocacy
Information
Research
Platform5 for networking and sharing experiences
Professional training
Other initiatives to promote engagement

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR EIVDED 37 DECEMBER 2022
We design and implement projects across the region, and develop partnerships and networks at local,
national and international level. Moreover, we provide information, research and professional training
services for the whole community arts sector and assume a prominent role in advocating it.
37 group5 across 4 art form areas on our community programme
20 group5 on our inter-community programme
20 group5 places on our inter-ability Side by Side programme
54 schools place5 programmed on our Poetry in Motion in Schools programme
15 Poet in residence projects on our Poetry in Motion Community
new pieces of public art in community
intemational poetry salon 'Lit Up,
over 5,500 workshop and event participants and 7,400 support responses made
Community Arts Partnership continues to..
act as central point af contact for community arts sector
provide an advocacy role for community arts sector
provide an on-line digest of current news, issues and opportunities for the widest arts sector
provide community arts weekly and monthly e-bulletin5
provide and grow research base for community arts in N Ireland
a5S15t in funding clinics
develop new international partners
develop new regional partnerships
provide fora for advocacy, advice and creative support to support engagement with the
ArtsMatterNI campaign
establish on-going local, national and intemational research and development programmes
Advocacy
Community Arts Partnership ICAPI is committed to fulfil a prominent advocacy role in N Ireland for
community arts. We promote the profile and the ststus of the sector, and aim to inform policy and resource
allocation decisions within public institutions.
We advocate for the sector through..
contact with Government, councils, arts authorities. centres of learning, community groups, arts
organisations and artists, healthcare organisations (both statutory and privatel
fora for advocacy, learning and cultural development,.
hosting and convening the Art5MatterNI campaign on behalf of the widest arts sector
providing information and research about provision and positive impacts of community art5 on
society,
attending and hosting event5 providing opportunities for networking and sharing experiences,.
public talks,.
acting as a central point of contact for the community arts sector,.
CEO continued his membership of the rninisterial Covid Recovery Ta5kforce
CEO is member of N ICVA hosted Developing Governance Group along with third sector leaders
CEO inducted into Oracle European Cultural Network

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
TRUSTEES REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Information services
Community Arts Partnership gathers and disseminates information about / relevant to the community arts/
art5 sector with a focus on N Ireland. This information includes news, issues, initiatives and opportunities
le.g. funding, training, worl volunteering). We achieve this via our Information Unit producing the weekly
and the monthly e-news bulletins.. Both 9rew to over 4,200 weekly subscribers in year and total hits on the
website within the calendar year grew to well over 12 million.
Research
Community Arts Partnership provides and grows a research base for community arts in N Ireland. We
collaborate with other organisations in order to ensure that research is relevant to the sector, and
complement and integrate existing research activities. Research papers have been produced and
disseminated at local, national and international level.
Platforms for networklng and sharlng experlences
We already have a range of plans to or9anise a variety of initiatives focussing on community arts, including
conferences and symposia in order to offer opportunities for networking, sharing experiences, facilitating
and prompting debates. Local, national and international practitioners took part.
Partnership Working
We are committed to partnership working across all our services, as we believe in the synergy resLlting from
this approach. We will value existing partnerships and seek new local, regional and international
collaborations in community arts. Through our partnership work, we will develop projects and initiatives with
community arts organisations, centres of learning and advococy groups in Ireland, Britain and beyond.
The ARC
The ARC - the Arts Resource Centre has been operational for 5 years, providing an accessible, safe and well-
provisioned space for communitie5 and individuals to seek facilities to host and engage in creativity. CAP'S
Arts Resource Centre IARCI connects many opportunities for the arts sector and communities of place and
interest across the city of Belfast and beyond, spanning the whole of Northern Ireland and increasir¥J the
capacity of community-based arts in so doing. Given the pandemic, our premises were underutilised and
indeed we only maintained a skeleton staff in the premises, with the balance warking from home.
Covid 19
In Community Art5 Partnership, we understand how important it is to work Safely and support our
employees., facilitators, and participants, health and wellbeing during the COVID-19 pandemic and not
contribute to the spread of the virus. We developed 4 layers of guidance with specific considerations for
operations in a range of environment5, for a particular project and in the ARC workplace. We have a duty of
care to workers, volunteers and non-professionals, to ensure as far as reasonably practicable they are not
exposed to unnecessary risks to their health and safety. The measures adopted minirnised risks around
working safely during COVID-19 and ensured that everyone was afforded the same level of protection to
their health and safety as others.
We developed a range of procedural initiatives to cope with the changing and demanding health
environment including a strategy to navigate the pandemic upheaval,- RADAR= Respond - Adapt - Develop
and Re-lmagine..
Significantly, CAP has already begun to position itself as an organisation looking to renewal through
technology funding investment. The capital secured to date means that CAP will be able to deliver in a safer
and more Covid-secure environment for participants and private hire to gather in small numbers, create and
work together in the future and in the meantime, enhance our ability to offer a dynamic and profes5ionaP-
digital engagement programme. We see this as critical to our maximising new and existing assets, as we
build for the future, for our artists, facilitators and the communities they support.

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
TRUSTEES REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Whilst economic and health impacts of the COVID-19 pandemic have been far from symmetrical across all
age groups, current evidence suggests that young people are less at-risk in terms of developing severe
physical health symptoms linked to COVID-19 than older age cohorts IWHO, 20201. However, the disruption
in their access to education and employment opportunities as a result of economic downturn is likely to put
the young generation on a much more volatile trajectory, where their emotional resilience may have been
severely undermined. Other age cohorts, like the elderly or those in nursing care, or indeed COVID-19
vulnerable groups such as BAME populations and the clinically extremely vulnerable ICEV) will ￿qUIre
greater levels of support.
In the context of ageing population5, considerations about intergenerational solidarity and social justice will
become increasingly prevalent and have already been bubbling up in creative policy making, long before the
pandemic struck. These considerations are likely to gain further traction, as the repercussions of the
pandemic and governments response to 1¢ unfold over the coming months and years.
OECD evidence demonstrates that the pandemic has hit vulnerable groups disproportionately and is Ikely to
exacerbate existing inequalities (see (OECD. 20201111, (OECD, 20201211 and IOECD, 2020131)). The im￿ct of
the crisis on young people and across different age cohorts, as well as It5 implications for energising
intergenerational solidarity and justice is huge. Intersecting identity factors, such as sex, gender, race,
ethnicity, and intellectual or physical disability, and socio-economic disadvantage may exacerbate the
vulnerability of our communities to bounce back. For Community Arts Partnership, given the profile of our
client organisations and participants, it will be all the more necessary to respond, adapt and reimèjine not
only our internal organisational capacity, safety and focus, but our outward delivery processes and respond
as advocates for our client communities of interest, age and place.
Community Arts Partnership has been quick to respond to both the digital demands and the expert alilities
within our sector, immediately switching to digital programming of 54 schools to take part in Poetry in
Motion in Schools and another 15 writers groups across Northern Ireland to reconnect with their artform
digitally through interactive workshops and masterclasses from August 2020. We have also supported 9 care
homes and centres since April, through producin9 video presentations across visual arts, craft, movement
and design. CAP has proven that in this Respond phase we can successfully engage using the digital rTEdia.
The opportunity now is to build upon that in the next phase so that at a further horizon, we can r&imagine
what the organisation can achieve.
Indeed, our main funders also assisted in supporting the additional capital need to fully translate our
programme into a digital delivery model. Whilst additional investment in equipment has been considerable,
the pressures on revenue budgets became even greater given the additional time that all aspects of
programme delivery incurred. Significant expenditure in this regard has led to a deficit that will need to be
constantly monitored as we progress.
The impact of the pandemic on the social, emotional and physical well-being of our community continued
to be felt. CAP has always striven to support the most marginali5ed socio-economically within our
community and has maintained and grown levels of support for our artist-facilitators, assisting in application
development and work assignments across Nl.

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
TRUSTEES REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 3 1 DECEMBER 2022
Disruption
The ongoing disruption in schools and community centres continued to affect aur children and vulnerable
populations and has significantly changed how we all live, learn and create during the pandemic and
perhaps beyond. Some of the innovative teaching and learning tools and delivery systems schools and
teachers experimented with, in the response to the crisis, may have a long-lasting impact on education
systems. We have also supported 9 care homes and centres through producing video presentations across
visual arts, craft, movement and design, and engaging via online communications platforms.
As the situation shifts from the unpredictability and frenetic activity of the early impact period to a more
settled, though still uncomfortable, sense of uncertainty, CAP will endeavour to remain focused on the needs
of our client groups and the wider sector. In order to do so, we require financial stabilisation and ongoing
investment.
The focus of CAPS RADAR plan has asslsted the organisation progress programmatically, shifting our focus
to operational continuity to include embracing a return to a more broad series of diverse stakeholder
engagements and outcomes, but the transition is still financially and operationally very demanding.
Whilst we have had encouraging support from agencie5 and funder5, the challenge to support our
creatives teams, staff and stakeholders is all the more difficult in the current funding environment
The lack of a local Assembly continues to hamper access to monitoring rounds.
We are developing new revenue streams through digital enterprise and business development.
We will continue to enjoy the expanded role of digital engagement and factor that research into our
engagement information and advocacy delivery.
Managing Expectations
Recovery will create anxiety among populations as the post-lockdown world takes shape. Understanding the
fears that our community clients are grappling wIt￿and how their expectations for personal and collective
safety and security have changed, perhaps permanently-will be critical for our programme, to slowly
restore confidence and reimagine a new path forward.
Key Short Term Considerations..
Identifying immediate quick wins in maintaining services and connections across all projects and
services
Seeking emergency financial sUPPOrt
Stabilising organi5ational viability

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
TRUSTEES REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Key Medium Term Considerations..
With continuing curtailment of face to face community creative activity of the past year, the
organisation continues ta assess changes in client group behaviours and preferences.
We have slowly reconnected with client organisations, albeit with enhanced new aspects of
delivery and seNices through our extended digital capacity.
We have grasped the new remote service delivery processes, which are oftentimes safer, more
convenient and in some respects, less expensive given the back drop of increasing inflation on all
aspects of programme delivery and operations.
The inflation crisis has to some extent been mitigated by shifting area5 of programming to
digital platforms, but operational costs of heating, lighting, etc, continue to increase at worrying levels.
Alignment of key revenue generation continues to demand some resetting of expectations and
development of business development strategy, especially looking at advanced use of digital sales via
website, paid for online performances and events, physically safe in house perforrnances workshops and
roundtables.
The critical ongoing consideration remains to be the suffi'clency of funding and revenue to maintain
delivery and operations during recovery over the next 12 to 24 months. Staying alert to these external
force5 and expanding the board of trustees for counsel and advice will remain critical to ongoing
SU5tainability.
With the pace of change accelerating in technology, putting the organi5ation on a path to constant and
ever-growing investment in digital, new patterns of working practice are emerging, however we are
seeing a blending of remote and face-to-face working to avoid tech dependency.
We continue to prioritise digital investments and processes of delivery. The ARC - our HQ has seen lots of
change
but we believe that at some point, given the uptick in face to face working, that pre-pandemic
levels of creative and performance space rentals will recover.
CAP'S project work represents the most extensive community-based and sectoral leading suite of services for
community groups, professional and voluntary organisations to engage in culturally democratic artistic
disciplines, facilitated by artists, created by participants and celebrated by community. We endeavour to
redouble our efforts in this regard.
We ask that our funders continue to have confidence in CAP and trust us to continue to offer pragmatic,
timely and sensitive leadership to community art5 professional, participants and commissioners and a50 the
wider creative and indeed voluntary Sector.

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
TRUSTEES REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 37 DECEMBER 2022
Governance & Management Structure
New Belfast Community Arts Initiative was established in 1999 as a company limited by guarantee registered
in Northern Ireland Nl 37645 with a Memorandum & Articles of Association, amended in June 2011, whose
object5 have been recogni5ed a5 charitable by HM Revenue & Customs under reference XR 36570. From July
2011, New Belfast Community Arts Initiative adopted the identity Community Arts Partnership lie tradng as),
registered with HMRC.
Management Committee. Trustees:
The Management Committee is collectively responsible for setting the strategic aims and objective5 of the
organisation,. shaping and determining the organisation's policies and policy direction in order to ensure it
fulfils its charitable objects., ensuring accountability to members and key stakeholders,. delivering good
governance and ensuring compliance with all legal requirements and financial regulations in accordance with
Charity and Company Law.
Responsibilities:
Vlslon and Leadership
To be committed to the vision, mission and values of Community Arts Partnership.
To provide Strategic directiorb for the new organi5ation, including agreeing/reviewing strategic plans.
To keep informed of the activities of the organisation and the wider issues that affect its work.
To ensure appropriate risk management strategies are established and implemented.
To ensure the work of the organisation is monitored and evaluated.
To ensure the governance of the organi5ation adheres to the principles set out in the Code of Good
Governance for the Voluntary & Community Sector in Nl.
Accountability
To ensure the organisation complies wilh its Memorandum and Articles of Association (Constitution)
To ensure the organisation keeps to the law, including charity and company1aw.
To ensure the organisation is a responsible employer and adheres to legislation.
To ensure the organisatien make5 efficient use of resources, in particular that all monies are applied
to its object5, agreed plans and budgets.
Flnancial Oversight
To understand the financial position of the organisation.
To ensure the appropriate financial controls are implemented and the finances are properly
managed.
To ensure adequate financial resources are in place for the organisation.
To ensure the organi5ation is properly insured against all reasonable liabilities.

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Meetings of the Board of TrusteÈs/Management Committee
Full Management Committee meetings take place quarterly
A Sub-committee, the Finance and General Purposes Committee IF&GPI is made up of Chair, Vice-
Chair and Treasurer and is attended by the Director/Company Secretary. Meetings take place every
4/5 weeks and report to the subsequent Full Management Committee meeting
The agenda for Full Management Committee meetings will focus on e.g.: matters arising from the
last meeting and interim F&GP meetings,. current Issues., plans for the future., proposed policy
changes,. review of progress in various areas,. monitoringlreview against operational objertive5 and
Strategic plan,. financial reports,. project reports,. and other reports from the Director
Any Trustee may request, through the Chairperson, that a particular item be put on the agenda.
If a Trustee is absent from three consecutive meetings without apologies they may be deemed by
the Board as ceasing to hold office.
The Director/Company Secretary attends the meetings and gives information, advice and the view of
the Staff Team.
The Director is accountable to the Management Committee through the Chairperson.
Other staff members are eligible to attend the meetings as follows..
at the request of the Director/Company Secretary,.
at the request of the Management Committee,.
where a staff member makes a formal request to the Management Committee to attend a
meeting and that request is granted.
A maximum of 12 trustees can be appointed. In 2020 we had 3 plus a company Secretary.
Qualities and Skills Preferred.
Strong interest in community arts.
Live and share the values of the Community Arts Partnership
Good leadership ski115 and a track record of having operated at a strategic level.
Awareness of voluntary & community sector.
Previous experience of management committee work.
Excellent communication and interpersonal skills.
Impartiality, fairness and the ability to respect confidences
Good grasp of policy and funding i55ues
Excellent technical skills
Day to day operational management is delegated to Conor Shields, Chief Executive and Company Secrdary
of New Belfast Community Arts Initiative trading as Community Arts Partnership, who is responsible for
operational financial managernent under the direction of the Management Committee approved budget. As
of December 2020 personnel cornprised Gordon Hewitt as Information and Policy Manager. Furthermore
there is a project team of freelance project contractors, a web51te/publications co-ordinator and over 200
artist placements, also on a freelance contracted ba5iS.

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
TRUSTEES REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Risk Assessrnent
Community Arts Partnership defines risk a5 the threat that an action or event will adversely affect its ability
to achieve its current and future objectives through various areas/activities'.
governance,.
operations,.
finances,.
environmental or external factors such as public opinion or relationship with funders..
compliance with law or regulation
The identification and management of risks affecting Community Arts Partnership ability to achieve its
objectives are key responsibilities of all employees and committee members.
The effective management of risk is an important means by which Community Arts Partnership achieves its
goals. To that end, Community Arts Partnership's policy is to..
maintain and regulorly review a central risk register
manage risk actively across the full scope of CAP operations
c. ensure each member of staff is aware of his or her responsibility
integrate risk management with planning and budgeting to ensure that risk is taken fully into
account in all aspects of Community Arts Partnership strategic and operational business
develop an understanding of a risk-aware approach to working
f. provide and maintain guidance on the techniques of risk assessment and risk management
monitor and report regularly and frequently to the board on the management of risk and keep
policy and practice under review
Individual projects are subjert to an individual assessment process through which co-ordinators and
facilitators meet with participant5 to explore issues.
References are sought for all new staff and other personnel and in the event of project work involving
young people or vulnerable adults, clearance checks are undertaken through the Access Nl system, as
registered body.
CAP also operates policies and procedures in these areas:
COVID19
Child and Vulnerable Adult Protection (as an AccessNI accredited Registered Body)
Environmental
Equal Opportunities
Expenses
Health and Safety
Risk including data protection
Financial Probity
Ethical Funding

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
TRUSTEES REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Related Bodies
CAP'S Chief Executive, Conor Shields was appointed to the Ministerial Culture Arts and Heritage Recovery
Taskforce to assist in the ongoing rehabilitation of the sector in turbulent times.
CAP has representative on the Belfast Visual Arts, Forum and Belfast Festivals, Forum, hosted by Pelfast City
Council. CAP'S CEO has accepted the invitation to join the pan-European Oracle Network, administrated by
the Marcel Hicter Foundation in Brussels.
CAP has always enjoyed a close working relationship with its principal funder the Arts Council of Northern
Ireland and indeed the governing department, Dfc (Dept for Communities).
Disclosure of Informatlon to Independent Exarnlners
The Trustees who held office at the date of approval of this trustees, report confirm that, 50 far as they are
each aware, there is no relevant information of which the Charitable Company's independent examiners are
unaware,. and each Trustee has taken all the steps they ought to have taken as a trustee to make themselves
aware of any relevant information and to establish that the Charitable Compariy's independent examiners are
aware of that information.
Statement of Trustee's Responsibililies
Company and charity law requires the trustees to prepare financial statements for each financial period
which give a true and fair view of the state of affairs of the charity and of its financial position at the end of
that period
In preparing these financial statements, the trustees are required to..
select suitable accounting policies and apply them consi5tently,'
make judgements and estimates that are reasonable and prudent,.
state whether applicable accounting standards have been followed subject to any
departures disclosed and explained in the financial statements,. and
prepare the financial statements on the going concern basi5 unless It is inappropriate to presume
that the charity will continue in operation.
The trustees have overall responsibility for ensuring that the charity has an appropriate system of internal
controls, financial and otherwise. They are also responsible for keeping proper accounting records which
disclose with reasonable accuracy at any time the financial position of the charity and to enable t￿rn to
ensure that the financial statements comply with the Companies Art 2006. They are also responsible for
safeguarding the assets of the charity and hence *or taking reasonable steps for the prevention and
detection of fraud and other irregularities.
10-

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
TRUSTEES REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR EIVDED 31 DECEMBER 2022
Flnancial review
Financial Review
The Ststement of Financial Activitie5 describes New Belfast Community Arts Initiative trading as Community
Arts Partnership'5 income, expenditure and funds for the year. The Income of £281,386 was slightly y on
the previous year. Overall expenditure showed some staffing increases on the previous year. This ref lects the
further displacements due to our response to Covid-19. Such a deficit will require very c105e monitoring in
the immediate and medium term, although cash at hand rernains sufficient to assuage any trading risk.
The year reflected the ongoing pattern of programming across the year and the region.
Income received was split between restricted income Imostly grants from Northern Ireland based funders) of
£224,292 and unrestricted income to support areas, including funds designated to programme delivery, of
£57,094 with £19,285 in social economy project work, signalling a clear improvement in operatin9
conditions.
Our principal funder, the Arts Council of Northern Ireland, contributed £175,953 through a range of
exchequer and project funding.
Belfast City Council continued £29,000 to contribute Core Multi-Annual Funding and project support.
The Department of Foreign Affairs in Dublin also contributed £25,339, the majority of which had been
deferred until this year given difficulties with Covid-19. This funding is to expand Poetry in Motion Schools
into the Republic of Ireland.
CAP a150 received significant capital investment for equipment.
Reserrfes
Contingent liability is always af concern.. CAP has 3 permanent employees and 6 part time freelance co-
ordinators. This presents an additional contingent liability in terms of potential redundancy approaching over
£60,000. Suggested best practice around the retention of reserves by ACEVO and indeed NICVA is 314
months turnover, which in our case amounts to c. £75,OOO+. At this time, we have no significant pengon
liabilities to report. However, we currently do not command adequate fund reserves to miti9ate our
contingent liabilities and the organisation is struggling to augment its ability to fund these financial risks and
indeed a range of risks that cannot be foreseen, as has been highlighted by the impact of the global
pandemic on our day to day working.
11

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
TRUSTEES REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Public Benefit
New Belfast Community Arts Initiative Va Community Arts Partnership identifies its charitable objerts as..
(11 to advance public education and stimulate and educate interest in the Arts for the benefit ol
the public and communities in N Ireland and elsewhere Ithe "area of benefit"), particularly but not
exclusively, by any or all of the following means..
(a)
promoting, organising and publici5ing cultural and arts activities, events,
performances, workshops, initiatives and exhibitions,.
Ibl
encouragin9 appreciation for and the participation in community arts and the
creative art5 by people in the area of benefit through the provision of information,
publications, advice, support, training and facilities
Icl
providing advocacy on behalf of the arts sector, particularly relating to community
arts
12} To advance community development by engaging with and assisting such groups
and
organisations, that have a genuine interest in furthering the Objects of the
Charity, to organise
and participate in cultural and arts projects and initiatives.
131 The provision of facilities and amenities for recreation and other leisure-time occupation
within N Ireland with the object of improving the conditions of life of
members of the public
having need of such facilities by reasons of their age, sex,
youth, disabilities, poverty and social
and economic circumstances.
(41 To promote such other charitable purpose5 as may from time to time be
determined.
All the charity's assets are used for charitable purposes in support of these objects. Board/Management
Committee members do not receive any monetary benefit for their role in governing the charity. In tP
event of any winding up of the charity its remaining assets shall be transferred to another charitable body
with similar objects via cy pres. We strive to offer all seNices free at the point of contact.
Futur• Development
We will continue to grow and support current and new initiatives including local, national and international
symposia, progress local strategy development around community arts practice, advocate for better
processes for cultural producers and develop new training and support programmes for artists and
communities and with developing our regional Workshop and project offering.
12-

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Structure. governance and management
K McFarlane
Mr P Campbell
C Shields
J Mccann
Approval
This report was approved by the Directors and signed on their behalf.
ields
Company Secretary
Dated: .....
2Q.,.?. 2 023
13-

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
STATEMENT OF TRUSTEES RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2022
The Trustees, who are also the directors of New Belfast Community Arts Initiative Trading as Community Arts
Partnership for the purpose of company law, are responsible for preparing the Trustees Report and the
financial statements in accordance with applicable law and United Kingdom Accounting Standards (United
Kingdom Generally Accepted Accounting Practice}.
Company Law requires the Trustees to prepare financial statements for each financial year which give a tnje
and fair view of the stste of affairs of the charity and of the incoming resources and application of resources,
including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the Trustees are required to:
select suitable accounting policies and then apply them consistently,.
obseNe the methods and principles in the Charities SORP,.
make judgements and estimates that are reasonable and pnJdenL' and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charity will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy
at any time the financial position of the charity and enable them to ensure that the financial statéTnents
comply with the Companies Act 2006. They are also responsible for safeguarding the asset5 of the charity and
hence for taking reasonable step5 for the prevention and detection of fraud and other irregularitie&
14-

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS COMMUNITY ARTS
PARTNERSHIP
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
report to the Trustees on my examination of the financial statements of New Belfast Community Arts Initiative
Trading as Communlty Arts Partnership (the charity) for the year ended 31 December 2022.
Responsibilities and basis of report
As the Trustees of the charity land also its directors for the purposes of company lawl you are rsponsible for the
preparation of the financial 5tstements in accordance with the requirements of the Companies Act 2006 (the 2006
Artl.
Having satisfied myself that the financial statements of the charity are not required to be audit&l under Part 16 of
the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's
financial statements carried out under section 65 of the Charities Act INorthern Ireland) 2008 (the 2008 Act). In
carrying out my examination I have followed all the applicable Dirertions given by the Charity Commission under
section 6519)Ibl of the 2008 Act.
Independent examinerfs rtatement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 65
of the 2008 Act. I confirm that l am qualified to undertake the examination because l am a member of , which is one
of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connecticn with the
examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Actr, or
the financial statements do not accord with those records., or
15-

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS COMMUNITY ARTS
PARTNERSHIP
INDEPENDENT EXAMINER'S REPORT {CONTINUED)
TO THE TRUSTEES OF NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Art other
than any requirement that the accounts give a twe and fair view whlch Is not a matter considered as part of an
independent examination,. or
the financial statements have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing
their accounts in accordance with the Financial Reportin9 Standard applicable in the UK and Republic of Ireland
IFRS 1021.
I have no concems and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Lowry Grant FCCA
For, and on behalf of,
FPM Accountants Llmlted
Chartered Accountant5
ststutory Auditors
1 3 Arthur Street
Belfast
Co. Antrim
BT1 4GA
Northern Ireland
Dated: .........................
16-

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2022
Unrestricted Restricted
funds
funds
2022
2022
Totsl Unrestricted
funds
2021
Restricted
funds
2021
Total
2022
2021
Notes
Income from:
Donations and legacies
Charitsble activities
329
56,765
204,953
19,339
205,282
76,104
227
44,794
238,999
239,226
44,794
Totsl Income
57,094
224,292
281,386
45,021
238,999
284.020
enditure on:
Charitable activities
66,545
236,044
302,589
71,998
268,117
340,115
Net expenditure for the
year/
Net movement in funds
19,451)
111,752)
(21,203)
{26,9771
129,1181
156,095)
Fund balances at 1
January 2022
64,406
15,935
80,341
91,383
45,053
136,436
Fund balances at 31
December 2022
54,955
4,183
59,138
64,406
15,935
80,341
The ststement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirement5 for an income and expenditure
account under the Companies Act 2006.
17-

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
BALANCE SHEET
AS A T 31 DECEMBER 2022
2022
2021
Notes
Fixed assets
Tangible assets
Current assets
Debtors
Cash at bank and in hand
14,547
26,215
10
9,570
42,780
9,533
70,931
52,350
80,464
Creditors: amounts falling due within
one year
12
17,7591
126,338}
Net current assets
44,591
54,126
Total assets less curr•nt liabilltl•s
59,138
80.341
Income funds
Restricted funds
Unrestricted funds
13
4,183
54,955
15,935
64,406
59,138
80,341
18-

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
BALANCE SHEET (CONTINUED)
AS A T 31 DECEMBER 2022
The company is entitled to the exemption from the audit requirement contained in section 477 of the
Companies Act 2006, for the year ended 31 December 2022.
The Trustees responsibilities for ensuring that the charity keeps accounting records which comply with section
386 of the Companies Act 2006 and for preparing accounts which give a true and fair view of the state of
affairs of the company as at the end of the financial year and of its incoming resources and application of
resources, including its income and expenditure, for the financial year in accordance with the requirements of
sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating
to accounts, so far as applicable to the company.
The members have not required the company to obtain an audit of its financial statements for the year in
question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies
Subject to the small companie5 regime.
The financial statements were approved by the Trustees on
2f/ 7/
2023
hn Mccann
Trustee
Mr Conor Shield5
Secretsry
Company Registration No. N1037645
19-

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
Accounting policies
Charity information
New Belfast Community Arts Initiative Trading as Community Arts Partnership is a private company
limited by guarantee incorporated in Northern Ireland. The registered office is The Ara 7 Donegall Street
Pla￿, Belfas¢ Co. Antrim, BT1 2FN, Northem Ireland.
1.1 Accountlng convention
The financial statements have been prepared in accordance with the charity's Igoverning documentl, the
Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice
pplicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191" The charity is a Public
Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update
Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statement5 have been prepared under the historical cost convention, modified to include
the revaluation of freehold properties and to include investment properties and certain financial
instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the
charity has adequate resources to continue in operational existence for the foreseeable future. Thus the
Trustees continue to adopt the going concern basis of accounting in preparing the financial Statements.
The Trustees have considered this in the knowledge that on the 30th January, the World Health
Organisation IWHOI announced Coronavirus as a global health emergency and on the 11th March 2020,
it announced that Coronavirus was a global pandemic.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes
and uses of the restricted fund5 are Set out in the note5 to the financial statements.
Endowment funds are Subject to specific conditions by donors that the capital must be maintained by the
charity.
-20-

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Accounting policies
(Continued)
1.4 Income
Income is recognised when the charity is legally entitled to it after any perfomance conditions hwe been
mel the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been
notified of the donation, unless performance conditions require deferral of the amount. Income tax
recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the
time of the donation.
Legacies are recognised on receipt or otherwise if the charity ha5 been notified of an impending
distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy
treated as a contingent asset.
1.5 Expenditure
Expenditure is recognised once there is a legal or constnjctive obligation to make a payment to a third
party, it is probable that settlement will be required and the amount of the obligation can be measured
reliably.
Expenditure is classified under the following activity headings..
Expenditure on charitable activities includes the costs of supporting refugee familie5 and activities
undertaken to further the purposes of the charity and their associated support costs,.
Other expenditure represents those items not falling into any other heading.
Irrecoverable VAT is charged as a c05t against the activity for which the expenditure was incurred.
1.6 Tangible fixed assets
Tangible fixed a55ets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment1055es.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over
their useful lives on the following bases:
Office Equipment
Fixture5 and fittings
Computer Equipment
Music Equipment
20% Straight Line
20% Reducing Balance
33% Straight Line
33% Straight Line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale
proceeds and the carrying value of the asset and is recognised in net income/(expenditLJre) for the year.
21

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Accounting policies
(Continued)
1.7 Impaimient of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the extent of the
impairment loss lif any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturitie5 of three months or le55, and bank overdrafts. Bank overdrafts are
shown within borrowings in current liabilities.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Financial I nstruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle
on a net basis or to realise the asset and settle the liability simultaneously.
88￿C financial assets
Basic financial a55ets, which include debtors and cash and bank balances, are initially measured at
transartion price including transaction costs and are subsequently carried at amortised cost using the
effective interest method unless the arrangement constitutes a financing transaction, where the
transaction is measLJred at the present value of the future receipts discounted at a market rate of nterest.
Financial a55ets classified as receivable within one year are not amortised.
Inancial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price
unless the arrangement constitutes a financing transaction, where the debt instrument is measvred at the
present value of the future payments discounted at a market rate of interest. Financial liabilities classified
as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary
course of operations from suppliers. Amounts payable are classified as current liabilities if payment Is due
within one year or less. If not, they are presented as non-current liabilitie5. Trade creditor5 are recognised
initially at transaction price ond subsequently measured at amort15ed c05t using the effective interpst
method.
-22-

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Accounting policies
(Continued)
Derecognition ol
Inancial liabilltses
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled,
1.10 Employee beneflts
The cost of any unused holiday entitlement is recognised in the period in which the employee's seNices
are received.
Temiination benefits are recognised immediately as an expense when the charity is demonstrably
committed to terminate the ernployment of an employee or to provide termination benefits.
1.1 l Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Critical accounting estimates and judgements
In the application of the charity's accounting policies, the Trustees are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily
apparent from other Sources. The estimates and associated assumptions are based or) historical
experience and other factors that are considered to be relevant. Actual result5 may differ from these
estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only
that period, or in the period of the revision and future periods where the revision affects both current and
future periods.
Donations and legacles
Unrestrlded Restrirted
funds
funds
Total Unrestricted
funds
Restricted
funds
Total
2022
2022
2022
2021
2021
2021
Donations and gifts
Grant Income
329
329
204,953
227
227
238.999
204.953
238,999
329
204,953
205,282
227
238,999
239,226
-23-

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR EIVDED 31 DECEMBER 2022
Donations and legacie5
(Continued)
Grants receivable for
core activities
Belfast City Council
Arts Council Northem
Ireland- Core
Arts Council Northem
Ireland Covid
Arts Council Northem
Ireland - Equiptment
Grant
Other
29,000
29,000
29,000
29,000
175,953
175,953
131,964
131,964
48,298
48,298
8,460
21,277
8,460
21,277
204,953
204,953
238,999
238,999
-24-

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Charitable activities
Unrestrlcted
Funds
2022
Restrkted
Funds
2022
Totsl Unrestrlcted
2022
Funds
2021
Social Econorny
Sponsorships
Grant Income
19,285
19,285
8,207
300
36,287
37,480
19,339
56,819
56,765
19,339
76,104
44.794
Analysis by fijnd
Unrestricted funds
Restricted funds
56,765
56,765
19,339
44.794
19,339
56,765
19,339
76,104
44.794
Performance related giants
Arts Council Nl Covid Grant
Belfast City Council Project
Department of Foreign Affairs
Community Foundation for Nl Covid Grant
Other
27,945
27,945
27,419
4,000
19,339
19,339
3,913
955
9,535
9,535
37,480
19,339
56.819
36,287
-25-

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR EIVDED 37 DECEMBER a722
Charitable artivities
Unrestrlcted Restricted
Funds
Funds
2022
2022
Total Unrestrfcted Restrlcted
2022
Funds
Funds
2021
2021
Total
2021
Staff costs
Programme Cost5
Hire of Equipment
General Expenses
Refund
124,509
83,994
124,509
90,576
450
558
24,833
45,664
72,845
98,891
97.678
144.555
6,582
450
558
894
4.701
894
4.701
7,590
208,503
216,093
70,497
177,331
247,828
Share of support costs
(see note 6)
Share of govemance costs
{see note 6)
30,647
51,486
82,133
1,501
88,236
89,737
363
4,000
4,363
2.550
2,550
38,600
263,989
302,589
71,998
268,117
340,115
Analysls by fund
Unrestricted funds
Restricted funds
66,545
{27,9451
66.545
236,044
71,998
71,998
268,117
263,989
268,117
38,600
263.989
302.589
71,998
268,117
340,115
-26-

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Support costs
Support Governance
costs
costs
2022
Support Goverr)ance
costs
costs
2021
Depreciation
Premises Expenses
Office Expenses
Travel Expenses
Insurance Costs
Finance Charges
Subscriptions
Marketing
Staff Expenses
General Expenses
11,667
34,220
26,076
5,726
3,220
452
11,667
34,220
26,076
5,726
3,220
452
190
1S2
10,116
41,514
23,713
5,653
3,566
271
279
593
4,032
10,116
41,514
23,713
5,653
3,566
271
279
593
4,032
152
430
430
Accountancy fees
Legal and professional
4,020
343
4,020
343
2,400
150
2,400
150
82,133
4,363
86,496
89,737
2,550
92,287
Analysed be￿een
Charitsble activities
82,133
4,363
86,496
89,737
2,550
92,287
Govemance costs includes payments to the independent examiners of £4,020 12021- £2,400) for
independent examination fees.
Trustees
None of the Trustees (or any persons connecLed with them) received any remuneration or benefits from
the charity during the year.
Employees
The average monthly number of employees during the year was..
2022
Number
2021
Number
Employment cost5
2022
2021

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR EIVDED 31 DECEMBER 2022
Employees
(Continued)
Wages and salaries
Social security costs
Other pension costs
76,446
39,409
8,654
64,542
24,546
8,590
124,509
97,678
No employees received remuneration of greater than £60,000 in the year.
Tanglble fixed issets
Offic• Flxtur•s and
qulpment
flttings
Comput•r
Equlpm•nt
Muslc
Equlpm•nt
Totsl
Cost
At l January 2022
1,129
3,260
53.436
990
58,815
At 31 December 2022
1,129
3,260
53,436
990
58,815
Depreclatlon and impairnient
At 1 January 2022
DepreciatiorTr charged in the year
824
226
2,191
214
28,595
11,228
990
32,600
11,668
At 31 December 2022
1,050
2,405
39,823
990
44,268
Carrylng amount
At 31 December 2022
79
855
13,613
14,547
At 31 December 2021
305
1,069
24,841
26,215
10 Debtors
2022
2021
Amounts falling due within one year
Other debtors
Prepayments and accrued income
7,250
2,320
7,250
2,283
9,570
9.533
-28-

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR EIVDED 31 DECEMBER 2022
1 l Loans and overdrafts
2022
2021
Bank overdrafts
158
Payable within one year
158
12 Credltor& amounts falllng due wlthln one year
2022
2021
Notss
Bank overdrafts
Other taxation and Social security
Deferred income
Trade creditors
Accruals
11
158
2,801
2,199
19,339
2,400
2,400
2,400
2,400
7,759
26,338
-29-

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
13 Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances
of donations and grants held on trust for specific purposes:
Movement in funds
Incoming
R￿)UrCeS
r•sourcès
expndad
Movement in funds
Incoming
Resources Balance at
restsurces
expended 31 December
2022
Bjlance •t
1 January
2021
Balanco at
1 January
2022
ACNI
Programme
ACNI Core
ACNI
Equipment
Belfast City
Council
social
Enterprise
Covid Grant
The
Community
Foundation
Brilliant
Resilience
Belfast City
Council-
Covid
Equiptment
Grant
Department
of Foreign
Affairs
48,298
131,964
(48,2981
(131,964)
175,953
(175,9531
835
8,460
(3,6301
5,665
{5,6651
7,250
29,000
136,2501
29,000
129,0001
21,870
(21,8701
15,098
(15,098)
15,2TI
15,0921
10,185
(6,002)
4,183
6,000
(5,915)
85
19,339
(19,424}
45,053
238,999
(268,117)
15,935
224,292
(236,044)
4,183
30-

NEW BELFAST COMMUNITY ARTS INITIATIVE TRADING AS
COMMUNITY ARTS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 37 DECEMBER 2022
14 Analysis of nèt assets between funds
Unrestricted Restricted
Funds
Funds
2022
2022
Total Unrestricted
Funds
2021
Restricted
Funds
2021
Total
2022
2021
Fund balances at 31
December 2022 are
represented by.
Tangible assets
Current assetsllliabilities)
10,364
44,591
4,183
14,547
44,591
10,365
54,041
15,850
85
26,215
54,126
54,955
4,183
59,138
64,406
15,935
80,341
15 Operating lease commitments
At the reporting end date the charity had outstanding commitments for future minimum lease payments
under non-cancellable operating leases, which fall due as follows..
2022
2021
Within one year
Bet￿een two and five years
25,610
6,623
25,610
6,623
32,233
32,233
16 Related party transactlons
There were no disclosable related paty transactions during the year (2021
none).
31