CHARITY R
Minority Ethnic Support Armagh
Financial Statements
31 March 2025
BUSINESS ACCOUNTS SERVICES
Chartered accountants & statutory auditor
11 Abbey Street
Armagh
BT61 7DX

Minority Ethnic Support Armagh
Financial Statements
Year ended 31 March 2025
Page
Trustees, annual report
Independent auditor's r&pLirt to the members
state.ment of financial activities
Statement of iinancial position
Notes (o tk.e fip.ancial statemar:
10

Minority Ethnic Support Armagh
Trustees. Annual Report
Year ended 31 March 2025
The trustees prasent their report and thè financial statements of Ihe charity for the year ended
31 March 2025.
Reference and administrative details
Registered charity name
Minority Ethnic Support Armagh
Charity registration number
NIC105287
Principal offlce
16 Russell Street
Arrnagh
BT619AA
The trustees
Mr Maughan
Mr Fearon
Mr Cawley
Management committee
Peter Wilkinson - Chairperson.
Anthony Fearon
Treasurer,
Seamus Maughan - Vice chairperson.
Miroslava Razhdanova - Secretary
Advisory committee
Brendan Thompson PSNI
Alix Matthews PSNI.
Carleen Largey Psychologist,
Nicola Veale Education.
Fidelma Mccoy Manager,
Graham Veale Education.
Auditor
-Business Accounts Services
Chartered accountants & statutory auditor
11 Abbey Street
Armagh
BT617DX
Bankers
First Trust
18-20 Scotch Street
Dungannon
BT70 1AZ

Minority Ethnic Support Armagh
Trustees. Annual Report (contlnuedj
Year ended 31 March 2025
structurep governance and management
Objectives and activltl88
Mission Statement
Armagh Roma Traveller Support mission is to work in partnership with the Irish Traveller, Bulgarian
Roma communities and other stakeholders to preserve, promote and develop Traveller and Roma
cullure and identity.
Vision
Working together to improve equal access to all services to empower Irish Traveller and Bulgarian
Roma to live full and fruitful lives while preserving their culture.
Values
Respect: That all partners have the right to be treated with dignity and respect, and to have their
voices heard. Social Justice.. To live in a society free from discrimination and to tackle it when it is
identified. Participation- Nothing about Irish Traveller and Roma without Irish Traveller and Roma.
Empowerment.- To support Irish Traveller and Bulgarian Roma to build their confidence in order to
have a sense of belonging in the wider community and integrate effectively in to the wider society if
they Choose to. Teamwork:Working together to achieve common goals
Achievements and performance
See M.E.S.A Annual Report for d8tails of our work for this financial year. all KPI'S and outcomes for
our funders were achieved in full.
Financial review
Minority Ethnic Support Armagh opened their account with £54K 1st of April 2024 and closed the
account with accounts with £51K on 31st of March 2025.
Trustees, responsibilities statement
The trustees 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).
The law applicable to charities in Northern Ireland requires the charity trustees to prepare financial
statements for each year which give a true and fair view of the state of affairs of the charity and of the
incoming resources and application of resources, of the charity for that period.

Minority Ethnic Support Armagh
Trustees. Annual Reporl (Gontlnued)
Year ended 31 March 2025
In preparing these financial stalements. the trustees are required to=
select suitable accounting policies and then apply them consistently.,
observe the methods and principles In the applicable Charities SORP.,
make judgments and accounting estimates that ar8 reasonable and pwdent.
state whether applicable UK Accounting Standards have been followed. subject to any material
departures disclosed and explained in the financial statements-
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the c,*arity ivill co,Itinue in business.
The trustees are respgnsible for keoping adequate accounting records that are sufficient to show and
explain the charity's transactions and disclose with reasonable accuracy al any time the financial
position of the charity and enable them to ensure that the financial statements comply with the
Charities Act (Northern Ireland) 2008. They are also responsible for safeguarding the assets of the
charity and hence for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
The trustees. annual report was approved on 20 January 2026 and signed on behalf of the board of
trustees by:
Silua Kucheua
Trustee
Anne Marie McLaughlin
Trustee

Minority Ethnic Support Armagh
Independent Auditor's Report to the Members of Minority Ethnic Support
Armagh
Year ended 31 March 2025
Opinion
W8 have audited th& financial statements of Minority Ethnic SLtpport Armagh (the 'charity') for the year
ended 31 March 2025 which comprise the statement of financial activities. statement of financial
position and the related notes, including a summary of significant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and
Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements..
give a true and fair view of the state of the charlty's affairs as at 31 March 2025 and of its
incoming rasources and application of resources, including ils income and expenditure, for the
year then ended;
have been prop8rly prepared in accordance with Unitèd Kingdom Generally Accepted
Accounting Practice.,
have been prepared in accordance with the requirements of the Charities Act (Northern Ireland)
2008.
Basis tor opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS {UK)) and
applicable law. Our responsibilities under those standards are further described in the auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of
th8 charity in accordance with the ethical requirements that are relevant to our audit of Ihe financial
Statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidenGe we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern
basis of accounting in the preparation of the financial statements is appropriate.
Based on tha work we have performed. we have not identified any material uncertainlies relating to
events or conditions that, individually or collectively. may cast significant doubt on the charity's ability
to continue as a going concern for a period of at least twelve months from when the financial
statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described
in the relevant sections of Ihis report.

Minority Ethnic Support Armagh
Independent Auditor's Report to the Members of Minority Ethnic Support
Armagh (conllnuodj
Year ended 31 March 2025
Other informatlon
The other information comprises the informalion included in the annual report, other than the financial
statements and our auditor's report Ihereon. The trustees are responsible for the other information.
Our opinion on the financial statemenls does not cover the other information and, except to the extent
otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other
information and, in doing so, consider whether the other information is materially inconsistent with the
rinancial statements or our knowledge obtained in the audit or otherwise appears to be materially
misstated. If we identify such material inconsistencies or apparent malerial misstatements, we are
required to determine whether there is a material misstatement in the finanGial statements or a
malerial mi5
tatement of the other information. If, based on the work we have performed, we conclude
that there is a material misstatement of this other ir.formalion, we are required to report that fact.
We have nothing to report in this regard.
Malters on whlch we are required to report by exception
In the light of the knowledge and understanding of the charity and its environment obtained in the
course of the audit, we have not identified material misstatements in the trustees, report.
We have nothing to report in respect of the following matters in relation to which the Charities Act
(Northern Ireland) 2008 requires us to report to you if. in our opinion:
the information given in the trustees, report is inconsistent in any material respect with the
financial ststements. or
adequate accounting records have not been kept: or
the financial statements are not in agreement with the accounting records and retums,. or
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the trustees, responsibilities statement, the trustees are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view, and
for such internal control as the trustees determine is necessary to enable the preparation of financial
statements that are free from material misstatement. whether due to fraud or error.
In preparing the financial statements. the trustees are responsible for assessing the charity's ability to
continue as a going concern, disclosing, as applicable, matters related to going concern and using the
going concern basis of accounfing unless the trustees either intend to liquidate the charity or to cease
operations, or have no realistic alternative but to do 50.

Minority Ethnic Support Armagh
Independent Auditor's Report to the Members of Minority Ethnic Support
Armagh (eondnuedj
Year ended 31 MarGh 2025
Auditor's re5ponsibilitie5 for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole
are free from material misstatement, whether due to fraud or error. and to issue an auditor's report that
includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that
an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it
exists. Misstatements can arise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expecled to influence the economic decisions of users taken on
the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect
of irregularities, including fraud. The. extent to which our procedures are capable of detecting
irregularities, including fraud is detailed below..
We obtained an understanding of the legal and regulatory frameworks that are applicable to the
Group. We understood how the Group is cornplying with those frameworks by making enquiries of
the Trustees and those responsible for legal and compliance procedures. Our procedures where
designed to identify non-compliance with such laws and regulations. A further description of our
responsibilities for the audit of the financial statements is located on the Financial Reporting Councils
website. This description forms part of our auditors report.
As part of an audit in accordance with ISAS {UK), we exercise professional judgment and maintain
professional scepticism throughout the audit. We also..
Identify and assess the risks of material misstatement of the financial statements, whether due to
fraud or error, design and perform audit procedures responsive to those risks, and obtain audit
evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not
detecting a material misstatement rèsulting from fraud is higher than for one resulting from error,
as fraud may involve collusion. forgery. intentional omissions, misrepresentations, or the override
of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances. but nol for the purpose of gxpressing an
opinion on the effectiveness of the internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures imade by the trustees.
Conclude on the appropriateness of the trustees, use of Ihe going concern basis of accounting
and, based on the audit evidence obtained, whether a material uncertainty exists related to
events or conditions that may cast significant doubt on the charity's ability to continue as a going
concern. If wp concludè that a material uncertainty exists. we are required to draw attention in
our auditor's report to the related disclosures in the financial statements or, if such disclosures
are inadequate, to modify our opinion. Our conclusions are based on the audit evidence oblained
up to the date of our auditor's'feport. However. future evenls or conditions may cause the charity
to cease to continue as a going concern.
Evaluate the overall presentation. structure and content of the financial statements. including the
disc105ures, and whether the financial statements represent the undeHying transactions and
events ID a manner that achieves fair presentation.

Minority Ethnic Support Armagh
Independent Auditor's Report to the Members of Minority Ethnic Support
Armagh (contlnued)
Year ended 31 March 2025
We communicate with those charged with govemance regarding, among other matters, the planned
scope and timing of the audit and significant audit findings, including any significanl deficiencies in
internal control that we identify during our audit.
Use of our report
This report is made solely to the charity's members, as a body, in accordance with section 65 of the
Charities Act (Northern Ireland) 2008. Our audit work has been undertaken so that we might state to
the charity's members those matlers we are required to state to them in an auditorfs report and for no
olher purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to
anyone other than the charity and the charity's members as a body, for our audit work, for this report,
or for the opinions we have formed.
Business Accounts Servicés
Chartered accountants & statutory auditor
11 Abbey Street
Armagh
BT61 7DX
20 January 2026

Minority Ethnic Support Armagh
Statement of Financial Activities
Year ended 31 March 2025
2025
Restricted
funds Total funds Total funds
2024
Unrestricted
funds
Note
Income and endowments
Charitsble activities
29,000
176.929
176.929
205,929
205,929
193,113
Total Income
29.000
193,113
Expenditure
Expenditure on charitable activities
Total expenditure
29,000
29,000
184,626
213.626
213,807
184,626
213,626
213,807
Net expenditure and net movement lil
funds
(7,697)
17,697)
{20,694)
Reconciliation of funds
Total funds brought forward
Total funds carried forward
41,934
15.942
57,876
78,570
41,934
8,245
50.179
57,876
The statement of financial activities includes all gains and losses recognised in the year.
All income and expendibjre derive from continuing activities.
The notes on pag95 10 to 17 form part of th959 financlal statements.

Minority Ethnic Support Armagh
Statement of Financial Position
31 March 2025
2025
2024
Notg
Flxed assets
Tangible fixed assets
9.142
9,142
Current assets
Cash at bank and in hand
51,160
54,240
Creditors: amounts falling due within one year
Net current assets
10
10,123
41,037
50,179
5.506
48,734
Total assets less current liabilltles
57,876
Funds of the charity
Restricted funds
Unrestricted funds
8.245
41,934
15.942
41,934
Total charlty funds
12
50,179
57,876
These financial statements were approved by the board of trustèes and authorised for issue on 20
January 2026. and are signed on behalf of the board by:
Sllua Kucheua
Trustee
Anne Marie McLaughlin
Truslee
The notes on pages 10 to 17 form part of these flnancial statérnents.

Minority Ethnic Support Armagh
Notes to the Financial Statements
Year ended 31 March 2025
General infomiation
The charity is a public benefit entity and a registered charity in Northern Ireland and is
unincorporated. The address of the principal office is 16 Russell Street. Armagh. BT61 9AA.
Statement of compllance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Slalement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP (.FRS 1021) and the Charities Act (Northern Ireland) 2008.
Accounting pollcies
Basis of preparatlon
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investmenl properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling. which is the functional ourrency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial
statements are consolidated into the financial statements. As such, advantage has been taken of
the following disclosure exemptions available under paragraph 1.12 of FRS 102:
No cash flow statement has been presented for Ihe company.
Judgements and key sources of estimation uncertainty
are based on experiencè and other factors, including expectations of future events that are
believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestrict8d funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal, and fall into one of two sub-classes= restricted income funds or
endowment funds.
10

Minority Ethnic Support Armagh
Notes to the Financial Statements (conllnued)
Year ended 31 March 2025
Accounting policles (eontlnugd)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity; it is probable that the economic benefits associated with the transaction
will flow to the charity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income:
income from donations or grants is recognised when there is evidence of enlillement to th8
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the valu8 is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the
accounts when received if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relat6s=
expenditure on raising funds includes the costs of all fundraising aGtivities. events,
non-charitable trading activities. and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expendtture on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
be￿een the activities they. conlribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible. assets are initially recorded at cost, and subsequently ststed at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
11

Minority Ethnic Support Armagh
Notes to the Financial Statements (contlnued)
Year ended 31 March 2025
Accounting policies fcontlnued)
Tangible assets (conunued)
An increase in the carrying amount of an asset as a result of a revalualion, is recognised in oth6r
recognised gains and losses. unless it reverses a charge for impairment that has previously been
recognised a5 expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation. is recognised in other recognised gains and losses.
except to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
Impairmenl of fixed assets
A review for indicators of impairment is carried out at each reporting date. with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount. the assel is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the
cash-generaling unit to which the asset belongs. The cash-generating unit is the smallest
identifiable group of assets that includes the asset and generates cash inflows that largely
independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill. the goodwill acquired in a business combination is, from the
a¢quisilion date, allocated lo each of the cash-generating units that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the
contractual provisions of the instrument.
Basi¢ financial instrumenls are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can Othe￿Ise be measured
reliably, the investrnent is subsequently measured at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured al
cost less impairment.
Other financial instruments. including d8rivatives, are initially recognised at fair value, unless
payment for an ass8t is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate. in which case the asset is measured at the present value of the future
payments discounted 8t a market rate of interest for a similar debl instrument.
Other financial inslrum&nts are subsequently measured at fair value, with any changes
recognised in the statement of financial activities, with the exception of hedging instruments in a
designated hedging relationship.
12

Minority Ethnic Support Armagh
Notes to the Financial Statements (contlnued)
Year ended 31 March 2025
Accounting policies fcontlnued)
Financial instruments (continued)
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reportLing date. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial
activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that 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 recognised immediately. to the extenl that th8 reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
hav8 been had the impairment not previously been recognised.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which
the related service is provided. Prepaid contributions are recognised as an asset to the extent
that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the
reporting date in which the employees render the related service, the liability is measured on a
discounted present value basis. The unwinding of the discount is recognised as an expense in
the period in which it arises.
13

Minority Ethnic Support Armagh
Notes to the Financial Statements (contlnued)
Year ended 31 March 2025
Charitable activities
Unrestricted
Funds
Restricted Total Funds
Funds
2025
CTSC
Barclays Grant
SH & SC Trust PHA
Birmingham City Funding
Developing Healthy Clear Small Grant
Cooperative Ireland
Minority Ethnic Development Fund
The Tudor Trust
Main Grants
Halifax Foundation
ACB & CB Council Gen
Migrant Centre Nl
Moving for Change
National Heritag8 Funding
Simply Fruit Donation
Ark Housing Association Funding
Clear Fund
NIHE Funding
Community Foundation Grant
Dept of JustlC8 Funding
4,977
900
27,979
1,660
997
2.200
46.160
4,977
900
27,979
1,660
997
2,200
46,160
29,000
25,261
5,000
5,353
20,300
19.174
29.000
25,261
5,000
5,353
20,300
19,174
6,076
6,076
1,260
5.040
4.592
1,260
5,040
4,592
29,000
176.929
205,929
Unrestricted
Funds
Restricted Total Funds
Funds
2024
CTSC
Barclays Grant
SH & SC Trust PHA
Birmingham City Funding
Developing Healthy Clear Small Grant
Cooperative Ireland
Minority Ethnic Development Fund
The Tudor Trust
Main Grants
Halifax Foundation
ACB & CB Council Gen
Migrant Centre Nl
Moving for Change
National Heritage Funding
Simply Fruit Donation
Ark Housing Association Funding
Clear Fund
NIHE Funding
Community Foundation Granl
Dept of Justice Funding
5,675
5,675
24.578
10.640
35,218
42,639
42,639
29,000
34,362
9.412
29,000
34,362
9,412
20.420
9.975
20,420
9,975
500
912
5,000
500
912
5,000
54,990
138,123
193,113
14

Minority Ethnic Support Armagh
Notes to the Financial Statements (eontlnuedj
Year ended 31 March 2025
Expenditure on charitable activities by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Activity type 1
29.000
184,626
213,626
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Activity type 1
54,990
158.817
213,807
Expendlture on charitable activities by activity type
Activities
undertaken Total funds
directly
2025
Total fund
2024
Activity type 1
213,626
213.626
213,807
staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
2025
2024
Wages and salaries
Employer contributions lo pension plans
176,019
400
168,338
176,419
168,338
The average head count of employees during the year was 4 (2024: 4).
No employee received employee benefits of more than £60,000 during the year (2024- Nil).
Trustee remuneration and expenses
Ther8 was no remuneration received by a trustee during the year ended 31 March 2025.
15

Minority Ethnic Support Armagh
Notes to the Financial Statements (contlnued)
Year ended 31 March 2025
Tanglble fixed assets
Fixtures and
fittings
Cost
At 1 April 2024 and 31 March 2025
Depreciation
At 1 April 2024 and 31 March 2025
Carrying amount
At 31 March 2025
9,142
9,142
At 31 March 2024
9,142
10. Creditors: amounts falling due wlthln one year
2025
2024
Bank loans and overdrafts
Social security and other taxes
399
9.724
127
5.379
10.123
5.506
11. Pensions and other post retirement benefits
Deflnèd contribution plans
The amount recognised in income or expenditure as an expense in relation to defined
contribution plans was £400 (2024.. £Nil).
12. Analysis of charitable funds
Unrestricted funds
At
31 March 20
25
At
1 April 2024
Income Expenditure
General funds
41,934
29.000
(29,000)
41,934
At
31 March 20
24
At
1 April 2023
Income Expenditure
General funds
41,934
54,990
(54,990)
41,934
16

Minority Ethnic Support Armagh
Notes to the Financial Statements (eontlnued)
Year ended 31 March 2025
12. Analysi5 of charitable funds (eontlnued)
Restricted funds
At
31 March 20
25
At
1 April 2024
Income Expenditure
Restricted Fund 1- desc in al¢s
15,942
176,929
(184,626)
8,245
At
31 March 20
24
At
1 April 2023
Income Expenditure
Restricted Fund 1- desc in alcs
36.636
138.123
(158,817)
15.942
13. Analysis of net assèts between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assots
9,142
9,142
51,160
110,123)
50,179
51,160
(10.123)
(981)
51,160
Unrestricted
Funds
Restricted Tota5 Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
9,142
9,142
54,240
15.5061
57,876
54,240
(5,506)
3.636
54,240
17