Charity registration number 105492 (Northern I￿land}
Company registration number N1632897
LCC COMMUNiff TRUST
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

LCC COMMUNITY TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mrs M Agnew
Mr B CAgnew MBE
Mr S J Agnew
Mr R Browne
Mr R E Jennings
MsSSOSmyth
Secretary
Mrs M Agnew
Charity number (Northern Ireland)
105492
Company number
N1632897
Prlncipal address
1-3 Graham Gardens
Lisbum
Co Antrim
BT28 1XE
Registered office
1-3 Graham Gardens
Lisburn
CoAntrim
BT28 1XE
Auditor
GMCG Lisburn
Century House
40 Crescent Business Park
Lisbum
BT28 2GN
Bankers
Santander
Bridle Road
Bootle
Merseyside
L30 4GB

LCC COMMUNITY TRUST
CONTENTS
Page
Trustees, report
Independent auditorfs report
5-10
statement of financial activities
11
statement of financial position
12
Statement of cash flows
Notes to the financial statements
14-26

LCC COMMUNITY TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance ￿llth the accounting policies set out in note 1 to the
financial statements and comply with the charity's Memorandum and Articles of Association, 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 102)" (effective 1 January 2019).
Objectives and activities
The mission and purpose of our organisation is to add value to people of all ages and backgrounds, Ihrough
meeting peoples, needs in a practical and holistic way and by creating opportunities for encouragement, mentoring,
personal growih and skills development.
The truslees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
charity should undertake.
Achievements and performance
This year has been one of bolh challenge and incredible community impact for LCC Community Trust. As the cost-
of-living crisis continues to affect families across Lisbum and surrounding areas, the demand for our services has
remained high. Despite significant decreases in donations and stock levels, thanks to the dedication of our
volunteers, staff, and supporters, we have continued to deliver vital support to those who need it most.
Our Mission
LCC Community Trust exists to support people facing povety, financial hardship, and social isolation. Through our
Lisburn Foodbank, Social Supennarkel, Community Money Advice {CMA) services, and a range of community
activities, we aim to meet immediate needs while equipping individuals and families for a brighter, more stable
future.
LISBURN FOODBANK
In 2024-25, we were able to support through the following:
52,317.5 kg of food distributed, equating to 124,565 meals
Supported 2,630 people, including 1,004 children and 1,626 adults
560/0 of households using the foodbank were first-time referrals
Despite a 15.6°fi decrease in donations and a 23.fi drop in stock levels. we met ongoing demand
250 family and 150 adult-only Christmas food bags distributed, providing over 6,500 meals during the
festive period.
Reasons for referral were rising cost of essentials1560A), and prioritylnon priority debts (13.76 /0).
Household circumstance5 was also a reason for referrals due to the following;
21.30/0. In employment
70 /o.' Not in work
7.7 %. Families with no income.

LCC COMMUNITY TRUST
TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
SOCIAL SUPERMARKET & COMMUNifi MONEY ADVICE
During the year we were able to engage in the following;
Supported 207 households, wth 187 accessing the Social Supermarket and 20 going directly onto CMA
support
Achieved £65,444 in financial gains for clients
Managed £571,255 of debt on behalf of individuals and families
Provided 561 one-to-one appointments, covering budgeting, debt, utilities, and employment support
Signposted approximately 432 households to other organisations for further assistance
Distributed additional Christmas SUPPOrt, including 88 Christmas bags and gifts to 19 families from Cash
for Kids UK
Provided £14,800 in Bryson Fuel support to 74 households. along with essential household appliances for
families in crisis.
COMMUNITY ACTIVITIES
Delivered 153 sessions through acttvities such as Air Fryer cookery courses, Brew & Bowls, Summer
Scheme, Walking Groups, and more
Engaged 1.712 people through these initiatives. tackling isolation and promoting wellbeing
Prevented 2.13 tonnes of food waste through our partnership with Too Good To Go
VOLUNTEER IMPACT
5,480.5 volunteer hours contributed, valued at £62,696.92 based on minimum wage
Our volunteers continue to be the heartbeat of our work, providing essential support across all areas of the
Trust.

LCC COMMUNITY TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Financial review
The results are set out in detail on pages 11 to 26. The charity returned net incoming resources for the year of
£67,224 (2024 - £262.9261 leaving unrestricted funds of £394,999 (2024 £359.832) of which £206,935 {2024
£153,413) has been designated by the Board al the year end and restricted funds of £748,673 (2024 - £716,616).
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be
maintained at a level equivalent to between three and six month's expenditure. The Irustees consider that reserves
at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's
current activities while consideration is given to ways in which additional funds may be raised. This level of reseNes
has been maintained throughout the year.
Plans for future periods
This year, we undertook a significant review of our Strategic Plan to ensure our services remain focused, effective,
and responsive to community needs. Following extensive reflection and feedback from staff, volunteers, and service
users, we streamlined our activities to concentrate on core areas.. Food and Finance. By prioritising ¢rtsis food
support and financial resilience, we are better positioned to address the root causes of poverty and hardship. This
refined approach allows us to maximise impact, reduce duplication. and ensure our limited resources are direcled
where they are needed most - helping families put food on the table and build greater financial stability.
Looking Ahead
W￿lIe the year brought challenges such as reduced stock and donations. the need for our SeNi￿S ojntinues to
grow. The Trustees remain Committed to strengthening partnerships, seeking sustainable funding, and developing
innovative ways to support vulnerable individuals and families.
We extend our heartfelt thanks to our volunteers, staff, funders, donors, and community partners whose
contributions have made this yeaff s impact possible.
LCC Community Trust remains a vital lifeline for many in our community. With continued support, we will build on
this year's achievements. ensuring that no one in Lisbum faces crisis alone.
Structure, governance and management
The charity is a company limited by guarantee registered with the Charity Commission for Northern Ireland and a
registered charity for taxation purposes.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to
the date of signature of the financial slatements were..
Mrs M Agnew
Mr B CAgnew MBE
Mr S J Agnew
Mr R Browne
Mr R E Jennings
MsSSOSmyth
None of the trustees has any beneficial interest in the company. All of the twstees are members of the company and
guarantee lo contribute £1 in the event of a winding up.

LCC COMMUNITY TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Statement of trustees, responsibilities
The trustees, who are also the directors of LCC Community Trust 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 true and fair
view of the state of affairs of the charity and of the incoming resources and application of resources, including the
income and expenditure, of the charitable company for thal year.
In preparing these financial statements. the trustees are required to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP 2019 (FRS 102).
make judgements and estimates that are reasonable and prudent-,
state whether applicable UK Accounting Standards have been followed, subject to any material departures
disclosed and explained in the financial statements., and
prepare the financial statements on the going concem 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 f5nancial position of the charity and enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonab5e steps for the prevention and detection of fraud and other irregularities.
Auditor
In accordance with the company's articles, a resolution proposing that GMCG Lisburn be reappointed as auditor of
the company will be put at a General Meeting.
Small companies exemptions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small
companies. exemption.
Dlsclosure of information to auditor
Each of the trustees has confirmed that there is no infomiation of which they are aware which is relevant to the
audit, but of which the auditor is unaware They have further confirmed that Ihey have taken appropriate steps to
identify such relevant infomiation and to establish that the auditor is aware of such infonnation.
The trustees, report was approved by the Board of Trustees.
MrsMA
Trustee
new
Date..

LCC COMMUNITY TRUST
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF LCC COMMUNITYTRUST
Opinion
We have audited the financial statements of LCC Community Trust (the 'charity'l for the year ended 31 March 2025
which comprise the statement of financial activities. the statement of financial position, the statement of cash flows
and notes to the financial statements. including significant accounting policies. The financial reporting framework
that has been applied in their preparation is applicable law and Uniled lQngdom Accounting Standards, including
Financial Reporting Standard 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 charitable company's affairs as at 31 March 2025 and of its
incoming reSoUr￿S and application of resources, including its income and expenditure, for the year then
ended.,
have been properly prepared in accordan￿ with Untted Kingdom Generally Accepted Accounting Practi￿.
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with Intemational Standards on Auditing (UK) (ISAS (UK)) and applicable
law. Our responsibilities under those standards are further described in the Auditors responsibilities for the audit ol
the financial statemenls section of our report. We are independent of the charity in accordance with the ethical
requirements that are relevant to our audit of the 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 evidence 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 cOn￿M basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have perfomed, we have not identrfied any material uncertainties 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 concem are described in the
relevant sections of this report.

LCC COMMUNITY TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF LCC COMMUNITYTRUST
other infomiatlon
The other information comprises the information included in the trustees annual report other than the financial
statements and our auditorfs report Ihereon. The trustees are responsible for the other information contained within
the annual report. Our opinion on the financial statements does not cover the other infomiation and, except to the
extent othetwise explicitly stated in our report. we do not express any form of assurance conclusion Ihereon. Our
responsibility is to read the other information and, in doing so, consider whether the other infomiation is materially
inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears
to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are
required to determine whether this gives rise to a material misstatement in the financial statements themselves. If,
based on the work we have performed, we conclude that there is a material misstatement of this other information,
we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit..
the infomiation given in the trustees, report for the financial year for which the financial statements are
prepared, which includes the directors, report prepared for the purposes of company law, is consistent with the
financial statements-, and
the directors, report included within the trustees, report has been prepared in accordance with applicable legal
requirements.
Matters on which 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 directors, report included within the trustees, report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires
us to report to you if, in our opinion=
adequale accounting records have not been kept. or retums adequate for our audit have not been received
from branches not visited by us., or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustees, remuneration specified by law are not made. or
we have not received all the information and explanations we require for our audit., or
the trustees were not entitled to prepare the financial statements in accordance with the small companies
regime and take advantage of the small companies, exemptions in preparing the trustees, report and from the
requirement to prepare a strategic report.

LCC COMMUNITY TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF LCC COMMUNITYTRUST
Responsibilities of trustees
As explained more fully in the statement of trustees, responsibilities, the trustees, who are also the directors of the
charity for the purpose of company law, are responsible for the preparation of the financial statements and for being
satisfied Ihat 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 Irustees are responsible for assessing the charity's ability to
continue as a going concem, disclosing. as applicable, matters related to going concern and using the going
concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease
operations, or have no realistic altemative but to do so.
Auditor's responsibilities 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 lo fraud or error, and lo issue an auditoffs 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 expected to influence
the economic decisions of users taken on Ihe 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, lo detect material misstatements in respect of irregularities, including
fraud. The extent to which our procedures are capable of delecling irregularities, including fraud, is detailed below.

LCC COMMUNITY TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF LCC COMMUNITYTRUST
Extent to which the audit was considered capable of detecting irregularities, including fraud
We identify and assess the risks of material misstatement of the financial statements. whether due to fraud or error,
and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is
sufficient and appropriate to provide a basis for our opinion.
In identifying and assessing potential risks of material misstatement in respect of irregularities, including fraud and
non-compliances with laws and regulations, we considered the following:
The nature of the industry and sector, control environment and business performance, including the
charitable company's remuneration policies for directors, bonus levels and performance targets, if any.,
Results of our enquiries of management about their own identification and assessment of the risks of
irregularities.,
Any matters we identified having obtained and reviewed the charitable company's documentation of their
policies and procedures relating to-
Identifying, evaluating and complying with laws and regulations and whether they were aware of
any instance of non-compliance.,
Detecting and responding to the risks of fraud and whether they have knowledge of any actual,
suspected or alleged fraud.. and
The internal controls established to mitigate risks of fraud or non-compliance with laws and
regulations-
The matters discussed among the audit engagement team regarding how and where fraud might occur in
the financial slatements and potential indicators of fraud.
As a result of these procedures, we considered the opportunities and incentives that may exist within the charitable
company for fraud and identified the greatest potential for fraud in income recognition. In common with all audits
under ISAS (UK), we are also required to perform specific procedures to respond to the risk of management
override.
We also obtained an understanding of the legal and regulatory frameworks that the charitable company operates in,
focusing on provisions of those laws and regulations that had a direct effect on the delemiination of material
amounts and disclosures in the financial statements. The key laws and regulations we considered in this context
included the CompaniesAct 2006, and local tax legislation.
In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial
statements but compliance with which may be fundamental to the charitable company's ability to operate or to avoid
a material penalty.

LCC COMMUNITY TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF LCC COMMUNITYTRUST
Audit response to risks identified
Our procedures to respond to the risks identified included the following=
Reviewing the financial statement disclosures and testing to supporting documentation to assess
compliance with provisions of relevant laws and regulations described as having a direct effect on the
financial statements.
Enquiring of management concerning actual and potential litigation and claims-
Performing analytical procedures to identify any unusual or unexpected relationships that may indicate
risks of material misstatement due lo fraud.
Reading minutes of meetings of those charged with govemance and reviewing correspondence with tax
authorities., and
In addressing the risk of fraud throLtgh management override of controls, testing the appropriateness of
journal entries and other adjustments,. assessing whether the judgements made in making accounting
estimates are indicative of a potential bias- and evaluating the business rationale of any significant
transactions that are unusual or outside the nomial course of business.
We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team
members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the
audit.
Owing to the inherent limitations of an audit. there is an unavoidable risk thal we may not have detected some
material misstatements in the financial statements, even though we have properly planned and performed our audit
in accordance with auditing standards. In addition, as wilh any audit, there remains a higher risk of non-deteclion of
irregularities, as they may involve collusion. forgery, intentional omissions, misrepresentations, or the override of
internal controls. We are nol responsible for preventing non-compliance and cannot be expected to detect non-
compliance with all laws and regulations.
A further description of our responsibilities is available on the Financial Reporting Council's website at.. https'.11
w.frG.org.uklauditorsresponsibilities. This description forms part of our auditor's report.

LCC COMMUNITY TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF LCC COMMUNITYTRUST
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance wth Chapter 3 of Part 16
of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitatje company's
members those matters we are required to state to them in an auditor's report and for no other purpose. To the
fullest extent pemiitted by law, we do not accept or assume responsibility lo anyone other than the charitable
company and the charitable company's members as a body. for our audit work, for this report. or for the opinions we
have formed.
Mr Stephen
ouston FCA {Senior Statutory Auditor)
for and on behalf of GMCG Lisburn
Chartered Accountants
statutory Auditor
Century House
40 Crescent Business Park
Lisburn
BT28 2GN
10-

LCC COMMUNITY TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted Restricted
funds
funds
2025
2025
Total Unrestricted Restricted
funds
funds
2024
2024
Total
2025
2024
Notes
Income and endowments from:
Donations and legacies
Charitable activities
Other income
351.085
314,685
18.680
665.770
18.680
11.000
366.367
585,842
17,480
3.900
952,209
17,480
3,900
11,000
Total income
362,085
333,365
695,450
366,367
607,222
973,589
Expenditure on:
Charitable activities
Other expenditure
326,918
298.948
2.360
625.866
2,360
254.068
456.595
710,663
12
Totsl expenditure
326.918
301,308
628,226
254,068
456,595
710,663
Net income and movement in
funds
35,167
32,057
67,224
112,299
150,627
262,926
Reconclliation of funds:
Fund balances at 1 April 2024
359,832
716.616 1,076.448
247,533
565.989
813,522
Fund balances at 31 March
2025
394.999
748.673 1,143.672
359,832
716,616 1,076,448
The statement of financial activities includes all gains and losses recognised in the year. All income and expendilure
derive from continuing activities.
11

LCC COMMUNITY TRUST
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025
2025
2024
Notes
Fixed assets
Tangible assets
Investments
14
15
75,591
500,QOO
63,024
575.591
63,024
Current assets
Debtors
Cash at bank and in hand
16
83,255
496,375
96,853
940,921
579.630
1,037,774
Creditors: amounts falling due within
one year
17
(11,549)
(24,350)
Net current assets
568,081
1,013,424
Total assets less current Ilabilitles
1,143.672
1,076,448
The funds of the charity
Restricted income funds
Unrestricted funds
19
20
748,673
394,999
716,616
359,832
1,143,672
1,076,448
These financial statements have been prepared in accordance with the provisions applicable lo companies subject
to the small companies regime.
The financial statements were approved by the trustees on .
and signed on their behalf by.,
Mr S JAgnew
Trustee
Mr R E Jennings
Trustee
Company registration number N1632897 (Northem Ireland)
12-

LCC COMMUNITY TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operating activities
Cash generated from operations
23
92,324
244,831
Investing activities
Purchase of tangible fixed assets
Proceeds from disposal of tangible fixed
assets
Purchase of investments
(63,870)
{34,638)
27,000
(500.000)
16,500
Net cash used in investing activities
(536,870)
(18,138)
Net cash generated from financing activities
Net (decrease)lincrease in cash and cash
equivalents
(444,546)
226,693
Cash and cash equivalents at beginning of year
940,921
714,228
Cash and cash equivalents at end of year
496,375
940,921
13-

LCC COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Charity information
LCC Community Trust is a private company limited by guarantee incorporated in Northern Ireland. The
registered office is 1-3 Graham Gardens, Lisbum, CoAntrim. BT28 1XE.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's Articles of Association, the
Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland" ("FRS 102°) and the Charities SORP "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 (FRS 102)" (effective 1 January 20191. The
charity is a Public Benefit Entity as defined by FRS 102.
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 slatements have been prepared under the historical cost convention. 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 adequale resources to continue in operational existence for the foreseeable future. Thus the trustees
continue to adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the tnjstees in furtherance of their charitable
objectives.
Designated funds comprise funds which have been set aside at the discretion of the trustees for specific
purposes. The purposes and uses ofthe designated funds are set out in the notes to the financial statements.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the noles to the financial slatements.
1.4 Income
Income is recognised when the charity is legally entitled to it after any perfomiance conditions have been met,
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 GiftAid or deeds of covenant is recognised at the time of the donation.
The charity receives grants in respect of the provision of specified services, projects and activrties. Income
from government and other grants are recognised at fair value when the charity has entitlement after any
performance conditions have been met, it is probable that Ihe income will be received and the amount can be
measured reliably. If entitlement is not met then these amounts are deferred.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the
charity., this is normally upon notification of the interest paid or payable by the bank.
14-

LCC COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies (Continuedl
1.5 Expenditure
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate
all costs reSated to the category. Expenditure is recognised where there is a legal or constructive obligation to
make payments to third parties, il is probable that the settlement will be required and the amount of the
obligation can be measured reliably_ It is categorised under one of the following headings= Costs of raising
funds, Expenditure on charitable activities and Other expenditure.
Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.
Support costs are those that assist the work of the charity but do not directly represent charitable activities
and include office costs, govemance Costs, depreciation costs and administrative payroll costs. They are
incurred directly in support of expenditure on the objects of the charity and include project management
carried out at the office. Office costs, depreciation costs. governance costs and payroll costs are allocated to
charitable activities based on usage. The allocation of the support costs is analysed in note 8.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, nel of
depreciation and any impairment losses.
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..
Fixtures and fittings
Motor vehicles
20 % straight line
20 % straight line
The gain or loss arising on the disposal of an asset is detemiined as the difference between the sale proceeds
and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Fixed asset investments
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are
subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net
incomellexpenditure) for the year. Transaction costs are expensed as incurred.
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call wth banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in currenl liabilities.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'other Financial Instruments 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, wlh the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and Ihere is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
15-

LCC COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies (Continued)
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
inlerest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at Ihe present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing Iransaction, where the debt instrument is measured 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 liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Termir)ation benefits are recognised immediately as an expense when the charity is demonstrably committed
to terminate the employment of an employee or to provide termination benefits.
1.11 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
16-

LCC COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
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 carying amount of assets and liabilities that are not readily apparent from other
sources. The eslimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results 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.
Key sources of estimation uncertainty
Fixed assets
The annual depreciation charge on fixed assets depends primarily on the estimated lives of each type of asset
and estimates of residual values. The directors regulady review these assets lives and change them as
necessary to reflect current thinking on remaining lives in lighl of prospective economic utilisation and physical
condition of the assets concerned. Changes in assets lives can have a significant impact on depreciation
charges for the period. Detail of the useful lives is included in the accounting policies.
Restricted and unrestricted funds
Judgements are made in relation to allocation of income and expenditure to restricted and unrestricted fund5.
The directors consider it appropriate to allocate these funds based on interpretation of donalions received.
Support costs
Judgements are made in relation to the allocation of support costs of the charity to its Charitab￿ activities.
The directors consider it appropriate to allocate these costs based on the allocation of grant funding to the
charitable activities in the year.
Deferred and accrued income
Income is deferred or accrued based on when the directors believe the company is legally entitled to il after
any performance conditions have been met, the amounts can be measured reliably, and it is probable that
income will be received.
Income from donations and legacies
Unrestricted Restricted
funds
funds
2025
2025
Total Unrestricted Restricted
funds
funds
2024
2024
Total
2025
2024
Donations and gifts
Grants
Donated goods and
services
351,085
4,297
310,388
355,382
310,388
331.781
33,329
1,625
584,217
333,406
617,546
1.257
1,257
351,085
314.685
665,770
366,367
585,842
952.209
17-

LCC COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from donations and legacies
Unrestricted Restricted
funds
funds
2025
2025
Total Unrestricted Restricted
funds
funds
2024
2024
Total
2025
2024
{Continued)
Grants
Department for
Cornmunities
Lisburn & Castreagh City
Council
Trussel Trust
Trussel Trust - OLM
Housing Executive
The National Lottery
The Clear Project
Church Revitalisatiion
The Rank Foundation
Church of Latter Day
Saints
Coop
Cash for Kids
55,235
55,235
600
50,643
51,243
139,940
61,380
{46.725)
139,940
61,380
(46.725)
124,929
192,861
124,929
215,130
22,269
27,824
109,507
3,748
41,090
33,615
27,824
119,107
3,748
41,090
33,615
9.600
(254)
29,250
16,222
{2541
29,250
16,222
52.340
52,340
860
860
3,000
3.000
310,388
310,388
33,329
584,217
617,546
Government grants
Funding received From Trussel Trust- OLM of £46.725 in the year ended 31 March 2024 was refunded to the
funders in the current year due to the project not commencing.
Donated goods and services
Donated goods and services of £1.257 (2025 - £nil) in the prior year represents the value of equipment,
donated by AB Refrigeration.
Income from charitable activities
Restricted
funds
2025
Restricted
funds
2024
Charitable income
Kickstart Social Supermarket Income
18,680
17,480
18-

LCC COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Other income
Unrestricted Restricted
funds
funds
2025
2025
Total Unrestricted Restricted
funds
funds
2024
2024
Total
2025
2024
Net gain on disposal of
tangible fixed assets
11,000
11.000
3,900
3,900
Expenditure on charitable activities
Charitable
Charitable
expenditure expenditure
2025
2024
Direct costs
Staff costs
Depreciation and impaiment
Stipends
Missions
Project costs
Fundraising costs
279,226
32,942
50.100
22,290
57,403
4,749
290,619
31,867
48.900
16,270
171,730
4,139
446,710
563,525
Share of support and governance costs (see note 8)
Support
Governance
163,651
15,505
138,834
8,304
625,866
710,663
Analysis by fund
Unrestricted funds
Restricted funds
326,918
298,948
254,068
456,595
625,866
710.663
19-

LCC COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Description of charitable activities
Lisburn Community Trust
LCC Community Trust aims to serve the local community through Projects which help people physically,
mentally, emotionally, financially, spiritually and relationally especially in areas of need and short-term crisis.
Lisburn Foodbank
The charity has partnered with the Trussell Trust network to bring a foodbank to the Lisburn community.
Lisburn Foodbank offers crisis intervention for those on food povety.
Kickstart Social Supermarket
This project supports those in long te￿ food poverty to move to a place of stability.
Lisburn City Church
The charity aims to serve anyone who has an interest in or commitment to the Christian faith, thr￿gh means
of public worship, prayer meetings, bible teaching & pastoral care.
Ministry
The charity aims to serve anyone who has an interest in or commitment to the Christian faith, thrwgh means
of public worship, prayer meetings, bible teaching & pastoral care.
Support costs allocated to activities
2025
2024
Rent, rates & insurance
Light, heat & power
Repairs & maintenance
Motor & travel expenses
Adminsitration expenses
other expenses
Governance costs
55,604
24,388
10,332
38,714
28,324
6,289
15,505
50,406
16,918
10,590
35,249
19,662
6,009
8,304
179,156
147,138
Analysed between:
Charitable expenditure
179,156
147,138
2025
2024
Governance costs comprise:
Audit fees
Legal and professional
4,620
10,885
4,200
4,104
15,505
8,304
-20-

LCC COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Net movement in funds
2025
2024
The net movement in funds is stated after chargingl(crediting)=
Fees payable for the audit of the charity's financial statements
Depreciation of owned tangible fixed assets
Profit on disposal of tangible fixed assets
4,620
32,942
(8,6401
4,200
31,867
(3,900)
10 Trustees
During the year remuneration and other benefits were paid to Pastor M Agnew of £24,00012024 £22,800)
and Pastor B Agnew of £18,000 (2024 - £18,000) for the facilitation of classes and workshops and for
services to the Church.
During the year the trustees individually made total donab'ons without condition to the charity totalling £37,625
(2024- £10,168).
During the year donations totalling £16,200 (2024 - £4,225) were made to the charity via businesses
associated with trustees.
11
Employees
The average monthly number of employees during the year was:
2025
Number
2024
Number
13
Employment costs
2025
2024
Wages and salaries
Social security costs
Other pension costs
258.833
15,274
5,119
269,994
15,321
5,304
279,226
290,619
The charity considers Its key management personnel to be the Chief Executive Officer and Finance Manager.
The total employment benefits including employer pension contributions of the key management personnel
was £69,936 (2024 - £44.803).
There were no employees whose annual remuneration was more than £60,000.
21

LCC COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
12 Other expenditure
Restricted
funds
2025
Restricted
funds
2024
Net loss on disposal of tangible fixed assets
2,360
13 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
14 Tangible fixed assets
Fixtures and
fittings
Motor
vehicles
Total
Cost
At 1 April 2024
Additions
Disposals
47,440
575
114,161
63,295
(49,0511
161,601
63,870
(49,051)
At 31 March 2025
48,015
128,405
176,420
Depreciation and impairment
At 1 April 2024
Depreciation charged in the year
Eliminated in respect of disposals
33,049
7,261
65,529
25,681
130,691)
98.578
32,942
{30,691)
At 31 March 2025
40.310
60,519
100,829
Carrying amount
At 31 March 2025
7,705
67,886
75,591
At 31 March 2024
14,392
48.632
63,024

LCC COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
15 Fixed asset investments
Listed
investments
Cost or valuation
Al 1 April 2024
Additions
500,000
At 31 March 2025
500,000
Carrying amount
At 31 March 2025
500,000
At 31 March 2024
16 Debtors
2025
2024
Amounts falling due within one year:
Prepayments and accrued income
83,255
96,853
17 Creditors: amounts falling due within one year
2025
2024
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
3,763
11,242
1,122
8,223
(260)
1,238
10,571
11,549
24,350
18 Retirement benefit schemes
2025
2024
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes
5,119
5,304
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the charity in an independently administered fund.
-23-

LCC COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
19 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust
subject to specific conditions by donors as to how they may be used.
At 1 April
2024
Incoming
resources
Resources At 31 March
expended
2025
LCC Community Trust
Food Bank
Kick Start
Lisbum City Church
WRAP mental health & wellbeing
132,834
413.922
165.737
31,486
85,488
211,694
4,950
(253)
(96,057}
(123,399)
176,902)
(4,950)
68,263
376,011
300,529
4,123
3,870
716.616
333,365
(301,308)
748,673
Previous year:
At 1 April
2023
Incoming
resources
Resources At 31 March
expended
2024
LCC Community Trust
Food Bank
Kick Start
Lisburn City Church
WFUIP mental health & wellbeing
134.908
242.470
175,209
167.829
317,774
113,031
4,840
3,748
(169,903)
(146,322)
(122.5031
(4,8401
(13,027)
132,834
413,922
165,737
13,402
4,123
565.989
607,222
(456,595)
716,616
LCC Communlty Trust
Funding to cover the range of projects and activities carried out within the charity.
Foodbank
Funding and donations received to cover costs of running the foodbank.
Kickstart
Funding and donations received to cover the costs of running the social supermarket
Lisburn City Church
Funding and donations received towards running and upkeep of Lisbum City Church
WRAP mental health & wellbeing
Funding received to run mental health and well being sessions for those in need in the local communty.
-24-

LCC COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subjecl to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 April
2024
Incoming
resources
Resources At 31 March
expended
2025
Building fund
General funds
153.413
206,419
53,522
308,563
206,935
188,064
{326,918)
359,832
362,085
(326.918)
394,999
Previous year:
At 1 April
2023
Incoming
resources
Resources At 31 March
expended
2024
Building fund
General funds
116,712
130,821
36,701
329,666
153,413
206,419
(254,068)
247,533
366,367
1254.0681
359,832
The Board ofTrustees has agreed to designate funds at the year end for future building development.
21 Analysis of net assets between funds
Unrestricted
funds
2025
Restricted
funds
2025
Total
2025
At 31 March 2025:
Tangible assets
Investments
Current asselsl{liabililies)
75,031
206,935
113.033
560
293,065
455,048
75,591
500,000
568,081
394,999
748,673
1,143,672
Unrestricted
funds
2024
Restricted
funds
2024
Total
2024
At 31 March 2024:
Tangible assets
Current assetsl(liabilities)
31,824
328,008
31,200
685,416
63,024
1.013,424
359,832
716,616
1,076,448
-25-

LCC COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
22 Related party transactions
There were no related party disclosures during the year {2024- none).
23 Cash generated from operations
2025
2024
Surplus for the year
67,224
262,926
Adjustments for:
Gain on disposal of tangible fixed assets
Depreciation and impairment of tangible fixed assets
(8,640)
32,942
13,900)
31,867
Movements in working capital:
Decreasel{increase) in debtors
{Decreasel in creditors
13,599
(12,801)
{38,716)
17,346)
Cash generated from operations
92,324
244,831
24 Analysis of changes in net funds
The charity had no material debt during the year.
-26-