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2025-03-31-accounts

L'ARCHE BELFAST

STATEMENT OF FINANCIAL ACTIVITIES (Incorporating the Income and Expenditure Account)

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted Unrestricted Restricted
Funds Funds Total Total
Note 2025 2025 2025 2024
£ £ £ £
Income and endowments from:
Donations and legacies 3 30,024 144,290 174,314 270,468
Charitable activities:
 4
Care management 1,013,228 - 1,013,228 746,659
Housing benefit 66,116 135,019 201,135 207,089
Core members’ contributions 112,506 - 112,506 118,745
Direct payment services 322,726 - 322,726 268,056
Belfast HSC Trust contracts - 95,144 95,144 87,179
Other trading activities:
Root Soup Sales 6,640 - 6,640 9,651
Garden Produce Sales 4,145 - 4,145 8,354
Fundraising Income 26,861 - 26,861 12,564
Investment income 1,742 - 1,742 1,186
Other income - - - -
__ _ __ __
Total 1,583,988 374,453 1,958,441 1,729,951
======= ====== ======= =======
Expenditure on:
Raising funds 5 2,925 12,144 15,069 17,105
Charitable activities 6 1,022,058 856,287 1,878,345 1,722,631
__ _ __ __
Total 1,024,983 868,431 1,893,414 1,739,736
======= ====== ======= =======
Net income/ (expenditure) 8 559,005 (493,978) 65,027 (9,785)
Transfers between funds 13 (475,799) 475,799 - -
_ _ _ _
Net movement in funds 83,206 (18,179) 65,027 (9,785)
Fund balances brought forward at 1 April 518,403 57,322 575,725 585,510
_ _ _ _
Fund balances carried forward at 31 March 601,609 39,143 640,752 575,725
====== ====== ====== ======

The Statement of Financial Activities includes all gains and losses in the year.

The notes form part of these financial statements

Page 9

L'ARCHE BELFAST (REGISTERED NUMBER: NI040702)

BALANCE SHEET 31 MARCH 2025

31.3.25 31.3.24
Note £ £ £ £
FIXED ASSETS
Tangible assets 10 206,646 250,688
CURRENT ASSETS
Debtors 11 57,196 127,887
Cash at bank and in hand 451,528 262,314
508,724 390,201
CREDITORS
Amounts falling due within one year 12 74,618 65,164
NET CURRENT ASSETS 434,106 325,037
TOTAL ASSETS LESS CURRENT LIABILITIES TOTAL ASSETS LESS CURRENT LIABILITIES 640,752 575,725
NET ASSETS **640,752 ** 575,725
FUNDS 13
Restricted Fund 39,143 57,322
Unrestricted Fund
-
Designated funds		 367,987 339,615
-
Undesignated funds		 233,622 178,788
640,752 575,725

The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

10/11/2025 The financial statements were authorised for issue by the Board of Directors on ............................................. and were signed on its behalf by:

Paul Tynan snd (514 Paul Tynan (Nov 10, 2025 23:40:16 GMT) ........................................................................ ........................................................................

Mr M F Sheil

Mr P Tynan

The notes form part of these financial statements

Page 10

L'ARCHE BELFAST

STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 31 MARCH 2025

Note
Cash flows from operating activities
Net cash provided by/(used in)operating activities
CF1
Cash flows from investing activities
Bank interest
Proceeds from sale of fixed assets
Purchase of fixed assets
Net cash provided by/(used in) investing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of year
CF2
CF1. Reconciliation of net income/ (expenditure) to net
cash flow from operating activities

Net income for year (as per Statement of Financial Statements)
Adjustments for:
Depreciation charges
Bank interest

(Profit)/loss on sale of fixed assets

Movement in debtors
Movement in creditors

Net cash provided by operating activities
CF2. Analysis of cash and cash equivalents
Cash at bank and in hand
Total cash and cash equivalents		 31.03.25
£
189,568
1,742
-
(2,096)
(354)
189,214
262,314
451,528
31.03.25
£
65,027
46,138
(1,742)
-
70,691
9,454
189,568
31.03.25
£
451,528
451,528		 31.03.24
£
117,621
1,186
1,000
(76,829)
(74,643)
42,978
219,336
262,314
31.03.24
£
(9,785)
46,995
(1,186)
(1,000)
66,180
16,417
117,621
31.03.24
£
262,314
262,314

The notes form part of these financial statements

Page 11

L'ARCHE BELFAST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. NATURE OF COMPANY

L’Arche Belfast is a private company limited by guarantee with charitable status incorporated in Northern Ireland. The charity’s registered number and registered office address can be found in the Company Information on page 1. The members of the company are the trustees also detailed on page 1. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared on the going concern basis under the historical cost convention and in accordance with 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 the Republic of Ireland (FRS 102) (effective 1 January 2019) and the Companies Act 2006.

The following is a summary of the significant accounting policies adopted by the charitable company in the preparation of the financial statements.

Incoming Resources

All incoming resources have been included in the Statement of Financial Activities and have been recognised where there is entitlement to the income, certainty of receipt and it can be measured reliably. For legacies, the entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received.

Income from government and other grants whether capital grants or revenue grants are recognised when the charity has entitlement to the funds, any performance conditions allocated to the grants have been met, it is probable the income will be received and the amount can be measured reliably and is not deferred.

Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

continued...

Page 12

L'ARCHE BELFAST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

Fund Accounting

The company has various types of funds for which it is responsible and which require separate disclosure. These are as follows:

(i) Restricted funds

Grants or donations received which are designated by the donor for specific purposes. Such purposes are within the overall aim of the charity.

– (i) Unrestricted funds Undesignated Reserves

Funds which are expendable at the discretion of the company in the furtherance of the objectives of the charity.

– (i) Unrestricted funds Designated Reserves

Funds which have been set aside by the company to act as a contingency to ensure continuity of service. Designated funds continue to count as part of the unrestricted funds of the charity.

Irrecoverable VAT

All resources expended are classified under activity headings that aggregate all costs related to the category. Irrecoverable VAT is charged against the category of resources expended for which it was incurred.

Tangible fixed assets

Tangible assets are stated at cost less accumulated depreciation and any accumulated impairment losses. Cost includes expenditure that is directly attributable to the acquisition of the assets.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Improvements to property - 15% on reducing balance Fixtures, fittings and equipment - 15% on reducing balance Motor Vehicles - 25% on reducing balance Computer Equipment - 33% on cost

Pension costs

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Holiday pay accrual

A liability is recognised to the extent of any unused holiday pay entitlement which has accrued at the balance sheet date and is available to carry forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the balance sheet date.

Taxation

There is no liability to taxation due to the charitable status.

Operating Leases

L’Arche classifies the lease of office equipment, motor vehicles and premises as operating leases. The title to the equipment, vehicles and premises remains with the lessor. Rental charges are charged on a straight line basis over the term of the lease.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid of the transaction price.

Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.

continued...

Page 13

L'ARCHE BELFAST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

Financial Instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. These are initially recognised at transaction value and subsequently measured at their settlement value.

Judgements and key sources of estimation uncertainty

The following judgements including those involving estimates have been made in the process of applying the above accounting policies that have had the most significant effect on the amounts recognised in the financial statements and that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year:

The estimates and assumptions are reviewed on an ongoing basis considering the current and future market conditions.

continued...

Page 14

L'ARCHE BELFAST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

3. INCOME – Donations and legacies

Donations
Grants:
Belfast City Council
Enkalon Foundation
The National Lottery Community Fund People
and Community
The National Lottery Community Fund
Dormant accounts fund NI
Lisburn & Castlereagh City Council
Arts Council
Forbes Charitable Foundation
Wolfson Foundation
Will Charitable Trust
People 1st		 L’Arche
Village
Developing
Long-Term
Sustainability
Wolfson
Transport
Project
Ember
Summer
House
Total
Restricted
Funds
Unrestricted
Funds
Total
Funds
2025
Total
Funds
2024
£
£
£
£
£
£
£
£
-
-
-
-
-
30,024
30,024
35,159
495
-
-
-
495
-
495
500
500
-
-
-
500
-
500
-
124,576
-
-
-
124,576
-
124,576
125,417
-
16,886
-
-
16,886
-
16,886
34,392
1,275
-
-
-
1,275
-
1,275
5,842
-
-
-
-
-
-
-
2,000
-
-
-
-
-
-
-
3,000
-
-
-
-
-
-
-
58,100
-
-
-
-
-
-
-
5,500
558
-
-
-
558
-
558
558
127,404
16,886
-
-
144,290
30,024
174,314
270,468

In the prior year, £35,159 of donations related to Unrestricted Funds. In the prior year, £235,309 of grants related to Restricted Funds.

continued...

Page 15

L'ARCHE BELFAST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

4. INCOME – Charitable activities

L’Arche
Village
Core
Members
Total
Restricted
Funds
Unrestricted
Funds
£
£
£
£
-
-
-
887,658
-
-
-
48,467
-
-
-
77,103
Total
Funds
2025
Total
Funds
2024
£
£
887,658
635,405
48,467
20,190
77,103
91,064
1,013,228
746,659
66,116
65,008
135,019
142,081
201,135
207,089
112,506
118,745
322,726
268,056
34,703
32,377
13,062
10,599
47,379
44,203
-
-
95,144
87,179
-
-
-
1,013,228
-
-
-
66,116
-
135,019
135,019
-
-
135,019
135,019
66,116

-
-
-
112,506

-
-
-
322,726

34,703
-
34,703
-
13,062
-
13,062
-
47,379
-
47,379
-
-
-
-
-
95,144
-
95,144
-

In the prior year, £229,260 of income from charitable activities related to Restricted Funds and £1,198,468 related to Unrestricted Funds.

continued...

Page 16

L'ARCHE BELFAST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

5. EXPENDITURE – Raising funds

Total Total Total
Developing Long- Restricted Unrestricted Funds Funds
Term Funds Funds 2025 2024
Sustainability
£ £ £ £
 £

Staff costs		 12,144 12,144 - 12,144 14,908
Advertising - - 610 610 -
Platform & regulatory fees - - 2,113 2,113 1,989
Telephone charges - - - - 13
Post and stationery - - - - 150
Repairs and renewals - - - - 45
Food and household 202 202 -
12,144 12,144 2,925 15,069 17,105

continued...

Page 17

L'ARCHE BELFAST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

6. EXPENDITURE – Charitable activities

Wages and salaries
Food and household
Rent
Rates and water
Heat and light
Repairs and renewals
Motor expenses
L’Arche International
Insurance
The Village expenditure
Root Soup expenditure
Grow Cook Cater expenditure
Depreciation–fixtures & fittings
Depreciation–motor vehicles
Depreciation–computer equipment
Depreciation–improvements to property
Loss on disposal of tangible fixed assets
Travelling
Telephone charges
Carried forward		 L’Arche
Village
Developing
Long-Term
Sustainability
Wolfson
Transport
Project
Ember
Summer
House
Core
Members
Total
Restricted
Funds
Unrestricted
Funds
Total
Funds
2025
Total
Funds
2024
£
£
£
£
£
£
£
£
£
502,739
10,317
-
-
135,019
648,075
746,441
1,394,516
1,203,311
12,916
-
-
-
-
12,916
58,287
71,203
75,446
26,415
-
-
-
-
26,415
73,173
99,588
101,051
755
-
-
-
-
755
(1,079)
(324)
2,939
9,587
-
-
-
-
9,587
23,479
33,066
43,906
7,360
-
-
-
-
7,360
3,935
11,295
23,976
22,890
-
-
-
-
22,890
6,122
29,012
29,642
3,486
-
-
-
-
3,486
5,103
8,589
4,200
10,021
-
-
-
-
10,021
14,668
24,689
18,745
15,301
-
-
-
-
15,301
-
15,301
19,460
2,410
-
-
-
-
2,410
89
2,499
1,010
12,544
-
-
-
-
12,544
58
12,602
22,035
10,231
-
-
500
-
10,731
14,976
25,707
29,544
607
-
12,104
-
-
12,711
888
13,599
11,676
1,665
-
-
-
-
1,665
2,438
4,103
2,964
1,108
-
-
-
-
1,108
1,621
2,729
2,811
-
-
-
-
-
-
-
-
(1,000)
395
-
-
-
-
395
4
399
3,221
7,478
-
-
-
-
7,478
16,063
23,541
16,894
647,908
10,317
12,104
500
135,019
805,848
966,266
1,772,114
1,611,831

continued...

Page 18

L'ARCHE BELFAST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

6. EXPENDITURE – Charitable activities (continued)

Brought forward
Training and development
Recruitment expenses
Printing postage and stationery
Advertising
Sundry expenses
Computer expenses
Bank charges
Auditors’ remuneration
Accountancy fees
Professional fees
Bad debt write off
Total		 L’Arche
Village
Developing
Long-Term
Sustainability
Wolfson
Transport
Project
Ember
Summer
House
Core
Members
Total
Restricted
Funds
Unrestricted
Funds
Total
Funds
2025
Total
Funds
2024
£
£
£
£
£
£
£
£
£
647,908
10,317
12,104
500
135,019
805,848
966,266
1,772,114
1,611,831
3,181
-
-
-
3,181
5,599
8,780
10,451
3,177
-
-
-
3,177
4,650
7,827
18,979
2,597
-
-
-
2,597
1,329
3,926
5,463
-
-
-
-
-
-
-
908
18,552
-
-
-
18,552
17,651
36,203
35,677
2,788
-
-
-
2,788
3,792
6,580
6,491
653
-
-
-
653
868
1,521
1,445
3,702
-
-
-
3,702
5,418
9,120
11,400
1,664
-
-
-
1,664
2,436
4,100
9,975
14,125
-
-
-
14,125
14,184
28,309
10,012
-
-
-
-
-
(135)
(135)
(1)
698,347
10,317
12,104
500
135,019
856,287
1,022,058
1,878,345
1,722,631

The basis of allocation of the support costs identified above is a mixture of the percentage of time spent on each activity and the pro rata cost of each direct cost when compared to the support cost.

continued...

Page 19

L'ARCHE BELFAST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

7. FINANCIAL INSTRUMENTS

The fair valued carrying amounts of the charity’s financial instruments, being debtors and creditors, are given in notes 11 and 12.

The only income from the charity’s financial instruments is the bank deposit interest receivable, as disclosed under investment income in the statement of financial activities.

8. NET INCOMING RESOURCES

Net Incoming Resources is stated after charging:-

9.

Fees payable to auditor for audit of accounts
Fees payable to auditor for accounting assistance
Depreciation
(Gain)/Loss on disposal of fixed assets
Operating lease expense
STAFF COSTS AND DIRECTORS EMOLUMENTS
Wages and salaries
Social security costs
Pension costs		 2025
£
9,120
-
46,138
-
71,277
=====
2025
£
1,282,121
99,250
25,289
1,406,660		 2024
£
11,400
-
46,995
(1,000)
68,196
=====
2024
£
1,120,732
77,153
20,334
1,218,219

The average number of employees during the year was 65 (2024: 60).

The directors received no remuneration in the course of their work during the year and no employees received total employee benefits in excess of £60,000.

Compensation paid to key management personnel in the year to 31 March 2025 was £57,805 (2024: £52,834).

10. TANGIBLE FIXED ASSETS

TANGIBLE FIXED ASSETS
Improvements
to
Property
£
COST
At 1 April 2024
22,650
Additions 1,000
Disposals -
At 31 March 202523,650
DEPRECIATION
At 1 April 2024 4,872
Charge for year
2,729
Eliminated on disposal
-
At 31 March 20257,601
NET BOOK VALUE
At 31 March 2025 16,049
At 31 March 202417,778		 Fixtures
and
fittings
£
254,153
179
-
254,332
82,952
25,707
-
108,659
145,673
171,201		 Motor
Computer
vehicles
equipment
£
£
88,391
34,878
-
917
-
-
88,391
35,795
33,995
27,565
13,599
4,103
-
-
47,594
31,668
40,797
4,127
54,396
7,313		 Totals
£
400,072
2,096
-
402,168
149,384
46,138
-
195,522
206,646
250,688

Page 20 continued...

L'ARCHE BELFAST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

11.
DEBTORS
Independent Living Fund
Domiciliary care fees
Due from members
Root soup debtors
Direct payment services
Housing Executive rent & supporting people
Bad debt provision
Prepayments and accrued income
Supplier debit balances
12.
CREDITORS: amounts falling due within one year
Trade creditors
Accruals and deferred income
Taxation and social security		 2025
£
-
23,043
20
-
7,176
11,343
(1,309)
16,923
-
57,196
2025

£
13,909
36,927
23,782
74,618		 2024
£
7,706
83,129
3,142
1,800
12,456
11,583
(3,442)
7,207
4,306
127,887
2024
£
12,451
34,480
18,233
65,164

Page 21 continued...

L'ARCHE BELFAST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

13. ANALYSIS OF CHARITABLE FUNDS

At 31
At 1 April March
2024 Income Expenditure Transfers 2025
£ £ £ £ £
Restricted Funds
Core members - 135,019 (135,019) - -
L’Arche Village - 222,548 (698,347) 475,799 -
Developing Long-Term Sustainability 5,575 16,886 (22,461) - -
Wolfson Transport Project 48,417 - (12,104) - 36,313
Ember Summer House 3,330 - (500) - 2,830
_ _ _ _ _
Total Restricted Funds 57,322 374,453 (868,431) 475,799 39,143
Unrestricted Funds
Designated Funds 339,615 - - 28,372 367,987
General Funds 178,788 1,583,988 (1,024,983) (504,171) 233,622
_ ___ ___ __ _
Total Unrestricted Funds 518,403 1,583,988 (1,024,983) (475,799) 601,609
_ ___ ___ __ _
Total Funds 575,725 1,958,441 (1,893,414) - 640,752
====== ======== ======== ======= =======

The deficit on L’Arche Village is a result of direct payment income being allocated to unrestricted funds. Therefore, a transfer of £475,799 has been made from Unrestricted to L’Arche Village to correct.

At the year end the designated element of unrestricted funds is for a contingency and continuity or service reserve.

Page 22 continued...

L'ARCHE BELFAST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

14. ANALYSIS OF CHARITABLE FUNDS – PRIOR YEAR

At 31
At 1 April March
2023 Income Expenditure Transfers 2024
£ £ £ £ £
Restricted Funds
Core members - 142,081 (142,081) - -
L’Arche Village - 224,496 (625,818) 401,322 -
Developing Long-Term Sustainability 5,575 34,392 (34,392) - 5,575
Wolfson Transport Project - 58,100 (9,683) - 48,417
Ember Summer House - 5,500 (2,170) - 3,330
_ _ _ _ _
Total Restricted Funds 5,575 464,569 (814,144) 401,322 57,322
Unrestricted Funds
Designated Funds 301,145 - - 38,470 339,615
General Funds 278,790 1,265,382 (925,592) (439,792) 178,788
_____ ___ ___ __ _
Total Unrestricted Funds 579,935 1,265,382 (925,592) (401,322) 518,403
_ ___ ___ __ _
Total Funds 585,510 1,729,951 (1,739,736) - 575,725
====== ======== ======== ======= =======

Restricted funds:

Core members represents funds received from NIHE Supporting People programme.

The L’Arche Village project will comprise the development of an inclusive multi-purpose facility, designed for leisure and skill development activities among adults with and without learning disabilities.

Developing Long-Term Sustainability represents funds received from The National Lottery Community Fund, Dormant accounts fund NI to assist L’Arche Belfast in becoming more resilient and prepared for the future. This is achieved by enabling the Director of Services to focus on strategic development and strategic discussions.

Wolfson Transport Project represents funds received from The Wolfson Foundation for the purchase of two minibuses to transport adults with learning disabilities to access horticultural and food preparation skills training.

Ember Summer House Project represents funds received from The Will Charitable Trust towards a summer house and outdoor furniture at the supported living service.

Page 23

L'ARCHE BELFAST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

15. ANALYSIS OF NET ASSETS BETWEEN FUNDS

ALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
Funds
£
Tangible fixed assets
167,503
Current assets
508,724
Creditors less than one year
(74,618)
At 31 March 2025
601,609		 Restricted
Funds
Total Funds
2025
££
39,143
206,646
-
508,724
-
(74,618)
39,143
**640,752 **
**640,752 **

16. TAXATION

The Charity is recognised as such by HM Revenue and Customs and is entitled to certain tax exemptions on income and profits from investments, and surpluses on any trading activities carried on in furtherance of the Charity’s primary objectives, if these profits or surpluses are applied solely for charitable purposes.

17. OPERATING LEASE COMMITMENTS

At 31 March 2025 the Charity has total future commitments under non-cancellable operating leases relating to property, motor vehicles and office equipment as set out below:

2025 2024
£ £
Within one year 55,484 59,996
In one to five years 125,361 166,445
In more than five years 1,200 15,600
182,045 242,041

18. TRANSACTIONS WITH DIRECTORS AND RELATED PARTIES

The Charity was under the control of the Board of Directors throughout the current and previous period. No director – emoluments were paid during the year (2024 Nil). There were no material transactions during the year in which any director or related party had an interest requiring disclosure.

19. LEGAL STATUS OF CHARITY

The charity is a company limited by guarantee, not having share capital. The liability of each of its members is limited to £1.

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