EAST BELFAST COMMUNITY DEVELOPMENT AGENCY
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOMEAND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestrfctod Restricted
funds
funds
2025
2025
Total Unrestrlcted Restrlctad
funds
funds
2024
2024
Total
2025
2024
Income from:
Donations and legacles
Charitable activities
1,100
190.766
1.100
910.455
191.946
697,639
889,585
719.689
Total Incomo
191.946
697.639
889,585
191,866
719,689
911.555
Expenditure on:
Charilable activities
Other expenditure
171.918
445
719,806
891,724
190.402
543
713.687
759
904,089
1.302
Total expondlture
172,363
719.806
892,169
190.945
714.446
905.391
Not Incomel{expendituro)
19.583
(22.167)
(2,584)
921
5.243
6.164
Transfers betsveen
funds
60.954
(60,9541
43,798
{43.798)
Net movom8nt In
funds
80.537
{83,1211
<2.584)
44,719
{38,555)
6.164
R8con¢iliation of funds:
Fund balances at 1 April 2024
286,236 2.717,906 3,004,142
241.517 2.756.461
2.997.978
Fund balancos at 31 March
2025
366,773 2,634,785 3,001,558
286.236 2,717.906 3,004.142
The statement of financial activttl8s Indudes all gains and losses recognlsed in the yaar. All irtom& and expenditure
d8rive from continuing actlvltles.
14-

EAST BELFAST COMMUNITY DEVELOPMENT AGENCY
CONSOLIDATED 8ALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Note8
Flxed assets
Intsngible assots
Tanglble assets
12
13
2,031
2,601,378
2.663,570
2.603,409
2.663.570
Current assets
D8btor8
Cash at bank and in hand
15
84,818
330,030
60.488
294.408
414,848
354.896
Credrtors: amounts falllng due wlthln
one yoar
{16,6991
{14.324)
Net current assots
398,149
340.572
Total assets less cuffont liabilitie$
3,001,558
3,004,142
The funds of the charlty
Restri¢ted Income funds
Unrestricted funds
17
2,634.785
366.773
2,717,906
286,236
3,001.558
3,004,142
Thesé financial ststements have been preparad In accordanc8 With the provisions applicable to companies subl8ct
to th8 small companies regime.
12..1.12J25
The financial stalements were approved by the trust88s on .. ....
Mervyn Glbsc
DIre￿or
Catherine Pu
Dire￿Or
Company registration number N1031089 {Northem Ireland)
15-

EAST BELFAST COMMUNITY DEVELOPMENT AGENCY
COMPANY BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Notos
Flxed assets
Tangible assets
13
6.909
940
Current assgts
Debtors
Cash at bank and In hand
78.343
166,961
52.889
148.638
245,304
201.527
¢reditors: amounts falllng duo wlthln
one year
16,090)
(3.000)
Nel current assets
239.214
198.527
Total assets less curront Ilabilities
246,123
199.467
Income fund$
Restricted funds
Unrestricted funds
17
115,522
130,601
96,945
102,522
246,123
199,467
Thesè financial 8tstements have been prepared in accordan¢6 wlth th8 provisions applicable to companies subject
to the small ¢ompanles regime.
The financial statements were approved by the Trustees on ...
12 |.1212.£
Mervyn
Trnstee
Catherine Purd
Trustee
Company Registration No. N1031089
16

EAST BELFAST COMMUNITY DEVELOPMENT AGENCY
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THEYEAR ENDED 31 MARCH 2025
2026
2024
Notes
Cash flows from oporating aclivities
Cash genèrated from operations
58.241
66,757
Investlng activluas
Purchase of Intangible assets
Purchase of langible fixed assets
{2,031)
{20.588)
{13.484)
Net cash usod in investing actlvltles
{22,619)
(13,484)
Net cash used In financing activltles
Net Increase In cash and cash equivalents
35,622
53,273
Cash and cash equlvalents at beginnlng of y8ar
294,408
241.135
Cash and cash equivalents at end of year
330,030
294,408
17-

EAST BELFAST COMMUNITY DEVELOPMENT AGENCY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Arxounting policies
Charlty Infomiatlon
East Belfast Communty Dèvelopment Agency is a private company limSted by guarante8 Incorporated wi
Northem Ireland. The registered Offi￿ Is 55 T8mplemore Avenue, Belfast. BT5 4FG.
1.1 Accountlng convontion
The financial stat8ments have b8en prepared in accordance wlth the ¢harWs Memorandum and Artic￿5 of
AssocIa￿on. the Companies Act 2006 and "Accounting and Reporting by Chadtles: Ststement ol
Recommended Practice appllcabl8 to charit18s preparing their accounts in accordance with Ihe Financial
Reporting Stsndard applicable in the UK and Republic of Irdand {FRS 102) (effeGtive 1 January 2019).. The
charity is a Public Benefit Entity as defined by FRS 102.
The finandal statements are prepar8d in sterting, which Is the functional curr6ncy of the charity. Monetary
amounts In these financlal statement8 are rounded to the nearest £.
Th8 financial statements have been prepared und8r the historical cost convention. The princlpal a￿Unting
policles adopt8d are set out bekjw.
1.2 Basls of con8olldatlon
The flnanclal slatements consolidate the accounts of East Belrasl Communty Development Agency and its
subsidiary undertaklng ('subsidiary').
The company has iaken advantage of the exemption contaln8d within section 408 of the Companies Act 2006
not to present its own Income and Expenditure Account.
The Income and expenditure accnunt for the year dealt with in the accounts of the charity was net incoming
resources £46,656 (2023- £57.225).
1.3 Golng concern
At th8 time of approving the financial statements, the tru51ees havè a reasonable expectation that the tharity
has adequale resourc8S to continu8 in operational existence for the fcffeseeable future. Thus the trustees
continue to adopt the golng conc&m basis of accounting in preparing the financial statem8nts.
1 A Charltable fund5
Unreslrict8d funds are available for use at the discretion of the trust88s in furtheranc8 of their charitable
objectives.
Restricted funds are subject to speclfic conditions by donors or grantor5 as to how Ihey may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
18-

EAST BELFAST COMMUNITY DEVELOPMENT AGENCY
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting pollcles Iconllnuedl
1.5 Incoming ro¥ources
Income 15 recognised when the charity is legally 8ntitl8d to it after any perfomiance o)nditions have been m8t.
the amounts Cen be measured reliably, and It is probable that Income will be received.
Income tax recoverable in relalion to donations received under Gift Aid or deed of covenant Is recognised at
the time of the donation.
Income tax recoverable in relation to investment income is r8cognised at the lime the investment ir￿rne is
receivable.
Other Income Is re¢ognÉsed In th8 period in which it is receivable and to the extent IhÉ goods have b8en
provided or on Completlon of thg senlce.
Where funding is received and subsequently distributed to 0th8r organis8tions in accordance with the donor's
instructlons it 1$ tr8at8d as ojnduit funding and, therefore, is not recognlsed in the Stat8ment of FinenGial
Activities.
1.8 Resources expond•d
Expenditure is recognised once there is a legal or constructlve obligation to transfer economic benefit to a
third paty. it is probabte that a transfer of economi¢ benefits will be r8qulred in settlement, and the amount of
the obligati¢)n can b8 measured reliably.
Expenditure is classlfled by activity. Th8 c￿Sts of each activity are made up of the total of direct costs and
shared costs. including support costs Involved In und8rtaking each aclivity. Direct ￿sts attributatle to a singla
activity are allocated directly to that a¢tlvlty. Shared costs which contribute to more than one actlvlty and
support costs which ar8 not attribulable to a single actlvlty are apportIon￿ between those aciivities on a basis
consistent with th8 use of resources. C8ntral staff Costs are allocated on th8 basis of tirne spent, and
depreciation charges are allocatsd on th8 Portion of Ihe asset's use.
Support costs are those costs Incurred directly in support of 8xpenditur8 on th8 objects of the charity and
include project management. Govemance costs are those incurrèd in conneclion with administration of the
company and Complian￿ with constitutic>nal and statutory requlr8ment$.
Charltable eGtiviti8s and Govemance costs are costs incurred on the charitys operatlons. in¢ludlng support
costs and costs relatin9 to the govemance of the charity apportioned to charttable activities.
All expenditur8 is inclusive of Irrecoverable VAT.
1.7 Inlanglble flxed a888ts other than goodwill
Intangible assets acquired separately from a busin8ss are recognised at Cost and are subsequently measured
al cost less accumulated amortlsation and accumulated impainnent losses.
Intangible assets acquired on business comblnations are r8cconised separately fmm goodwill al the
acquislllon date where it is probable that the expected future economlc b8nefits that are attributable to the
asset will flow to th8 entity and the fair value of the asset can be measured r8llabty.' the intsngible asset arises
from contractual or other legal rights: and the intangible asset is separable from the enoty.
Amortisation 18 recognised so as to write off the cost or valuation of assets their residual value5 over their
useful Iiv8s on the following base5-
Website
2011A per annum straight Ilne
19-

EAST BELFAST COMMUNITY DEVELOPMENT AGENCY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting pollcle5 (Contlnued)
1.8 Tangible fixod assets
Tangib18 fixed assets are inltially measured at cost and subsequently measured at C05t or valuation. n8t of
depreciation and any impaiment losses.
Depreciation is recognised so as to wrile off the LXJSt or valuation of assets less th8lr residual values over their
useful lives on the followlng bases:
Freehold prop8ty
Fixtures and fftlings
Computer equipment
Office equipment
2% straighl linè
200A reducing balance
251hl straight line
20°A straight line
The gain or loss arising on the disp¢￿81 of an asset Is determined as the diff8ren¢x between the sale
proceeds and tho carrying value of the a888L and18 recognised In Ihe sLgtement of financial activities.
1.9 Impalrn￿nt of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tsngible and iniangible ass&ts to
determine wh8ther there is any indication that those a$$ets have suffer8d an impaimient l¢)ss. If any su¢h
indlcatlon exists, the r8COV8rable amount of the asset Is estimated In order to determine the extent of the
impaiment loss lif any).
1.10 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits h81d at call with banks. other short-terni liqui
investments with orlglnal maturities (rf three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings In current liablllti8S.
1.11 Flnancial instrumonts
The charity has elected to apply the provislons of Sectlon 11 'Basic Financial Instruments, and Section 12
'Other Financlal Instruments Issues. of FRS 102 to all of its finandal instruments.
Financial instruments are recognised in the chority's balance sh88t ￿en charity becomes party to the
contractual provisions of the Instrument
Financial assets and liabllltles are offsèL with thè net amounts presented In the financial stat8ments. when
th8re is a legally enforceable right to set off the r8cognised amounts and there is an Intention to s8ttte on a
net basls or to realise the asset and 5etUe the Ilability simultaneously.
Basic financlal assets
Basic financial assets, which Include debtors and cash and bank balances, are Initially measured at
transaction price including transaction cosls and are subsequentty carried at amortised cost using the
8ffective interest method unle5S the arrangemènt constitutes a financing Iransaction, where Ihe transaction is
m&asur8d at the pres8nt value of the fubjre receipts discount8d at a mart(8t rate cf interest. Flnancial assets
classrfed as réceivable within one year are not amortlsed.
-20-

EAST BELFAST COMMUNITY DEVELOPMENT AGENCY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollclos (Continued)
Baslc flnanclal lie￿"11t10$
Basic financial liabilities. including creditors and bank loans are initially r8cogntsed at transaction price unle55
the arrangement constitut8s a financing transaclion, where the debt instrument Is m8asured at the pr8sent
value of the future payments dis¢ounled at a market rate of interest. Financial Ilablllties classified as payable
within one year are not amortlsed.
Debt Instruments are subsequently carried at amortised Cost, uslng lh8 effectiv8 int8r85t rate method.
Trade credltors are obllgatlons to pay for goods or service5 that have been acqulrad In tho ordinary LxJuf5e of
operations from suppliers. Amounts payable are dassified as current liabllltles If payment is due within one
year or less. If not, Ihey are presentsd as non-curTent liabilities. Trade creditors are recognised Initlally at
transaction price and subsequently measured at amortiS8d cost using the effective inlere5t method.
Der8cogniTion of financial liabilthe5
Financial Ilablllties are derocognised when the charity's contractual obllgation8 éxplre or are discharged or
cancelled.
1.12 Employee benefits
The cost of any unused holiday entltlement 15 recognlsed in the p8ricKI in which the employee's servlces are
rec8lv8d.
Termlnation ben￿lts are recognised irnmediately as an expense when the charlty is d8monstrably cornmitted
to terminate the employment of an employee or to provide termination benefits.
1.13 Rotirement benefits
Paym8nts lo defined contribution retlrement benoflt schemas arè charged as an expense as they fall due.
Crltl¢al accountlng a8timates and judgements
In the applicatlon of the ¢harlty's accounting polici85, the trustees are requlred to make judgem8nts. e$tlmat8S
and assumptions about the carying amount of assets and liabilities that a￿ not readlly apparent from other
sources. The estimatss and assoclatsd assumptions are bas8d on historical experience and other factors that
ar8 consider8d to be relevant. Actual results may differ from these estimates.
The estimat8s and urKlerlying assumptions are reviewed on an ongolng basis. Revisions to accounting
estimates are re¢¢rfJnised in the period in which the estimate is revlsed where tha rèvision affects cnly that
period. or in the perfod of the rèvlslon and fijture periods where the revision affects both currènt and future
p8riods.
K•y sourc85 of 08tirnatign uncertalnty
Flxed Assets
The annual dep￿CIatIOn charge on fixed assets depends primarfly on the estimated IIv8s of each typ8 of asset
and estimates of residual valu8s. The directors regularfy review these asset lives and change them as
necessary lo refle¢t current thinking on rèmaining lives in lighl of prospective economic utilisaticl) and physical
condition of the assets ￿n¢emed. Changes In asset live8 r￿n hav8 a significant impact on depreciallon and
amortisation charges for the period. Detall of the useful Iiv8s is included in th8 accounting policies.
-21-

EAST BELFAST COMMUNITY DEVELOPMENT AGENCY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 PJIARCH 2025
Donalions and legacies
Total Unrestricted
funds
2025
2024
Donations and gifts
1,100
-22-

EAST BELFAST COMMUNITY DEVELOPMENT AGENCY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Charitable aclivities
TAS TRUST E•st B•hst
D￿lOpMent
2025
Totsl
Total
2025
2025
2024
Sales of servlces by beneficiaries
Perft)nnance related grants
Charitable renlal Income
Other incorne
Less.. deferr8d income
41,857
41,857
697.706
118.381
31.708
(67)
697.706
719,689
119.680
71,086
118,381
12,428
19.280
{67}
172,666
716,919
889.585
910.455
Analysis by fund
Unrestdcted funds
Restricted funds
172,666
19,280
697,639
191,946
697,639
190.766
719,689
172,666
716,919
889,585
910.455
For the year ended 31 March 2024
Unr88tricted funds
Rastricted funds
147,052
43,714
719.689
190.766
719.689
147,052
763.403
910.455
Performance related grants
Natlonal lottery community fund
DFC - CED - Neighbourhood renewal
DFC- VCD - Communlty investment fund
PHA- Inv8sting for Health
PHA- Healthy Living & Health Strategy
Belfasl Cty Council
TEO- Communities in Transltion
Other Grant Income
123,218
117,929
45,541
91,408
171,787
74,579
68,240
5,004
123,218
117,929
45,541
91.408
171.787
74.579
68.240
5.004
122.598
118,451
43.372
85,366
160.430
64,570
114,897
10,005
697,706
697.706
719,689
Net rnovement in funds
2025
2024
Thè n8t movement in funds is stated after chargingl{¢redltingJ:
Fee5 payable for the audlt of th8 chariWs financial statements
Depreciation of owned tangibla flx8d assets
Loss on disposal of tangible fixed assets
5.490
82.334
445
5.340
82,515
1,302
-23-

EAST BELFAST COMMUNITY DEVELOPMENT AGENCY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
TruAteés
None of thè trustees lor any persons connected with them) r8c8ived any remuneration or benefits from th8
charity durfng Ihe y8ar.
Charitable activities
TAS TRUST East Belfast
Develop
2025
Total
Total
2025
2025
2024
staff costs
D8pr8ciatlon and impairment
Health devolopmant
Programme costs
Advertising, postage and statlon8ry
Travel and subsistence
Catering costs
Insurance and premises costs
General overhaads
Telephone
CED Programme
Promotional costs
CIT expenditure
48.759
81,931
355,817
404.576
81,931
33.829
54.110
2.006
2.376
8.818
10.278
70,442
12,666
1.691
6.299
62,463
423.273
82.267
35.234
26.717
33.829
54,110
2.006
2.376
2,261
6.128
9.559
60.922
14,608
1.545
8,818
10.278
70.442
12,666
1.691
6.299
62.463
95,664
232.894
518,591
751,485
761,762
Share of 8UPPOrt costs (see note 8)
Share of governan￿ costs (see note 8)
129,335
6,868
129.335
10,904
131,760
10,567
4,036
236.930
654,794
891,724
904,089
Analysis by fund
Unrestricted funds
R8Strlctad funds
166,878
70.052
5,040
849.754
171.918
719.806
190.402
713,687
236.930
654,794
891,724
904,089
For the year ended 31 March 2024
Unrestricted funds
Restricted funds
148,999
73,794
41,403
639,893
190,402
713,687
222.793
681,296
904,089
-24-

EAST BELFAST COMMUNITY DEVELOPMENT AGENCY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THEYEAR ENDED 31 MARCH 2025
Support eosts
Support Governance
costs
2025
2024
Staff costs
Depredation
Olher staff costs
Advertising. postsge and stallonery
Miscellaneous
Insurance arKI premises cost
Bank charges
Telephone and IT costs
Room hire and meeling expenses
Subscriptions 8nd memberships
CIT evaluation
99.689
403
9,066
1.611
4.186
3.615
920
2,257
139
4,949
2.500
1.378
101,067
403
9,066
1.611
4,186
3,815
920
2,257
139
4,949
2,500
107.913
248
2,025
3.042
551
3,185
756
3,012
178
4.923
7,250
Audit fees
9,526
9,526
9.244
129,335
10,904
140,239
142.327
Analysed be￿08n
Charttable activities
129.335
10,904
140.239
142,327
Governance costs includes pa￿nEnts to the audltors of £9.526 (2024 - £9.244) for audit fees.
other oxpendlture
Unrestrictèd Restricled
funds
funds
2025
2025
Total Unrestrlcted Restricted
funds
fund$
2024
2024
Total
2025
2024
Net loss on disposal of
tangible fixed assets
445
445
543
759
1.302
-25-

EAST BELFAST COMMUNITY DEVELOPMENT AGENCY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
10 Employees
Numbgr of employees
The average monthly number of employees during the year was:
2025
Numbor
2024
Number
15
16
Ernploym•nt costs
2025
2024
Wage$ and salaries
Social security costs
oth8r pension costs
446.262
15.985
43,396
448,059
39,025
44,102
505,643
531.186
No employee re￿IVed rernunerallon amounting tsj to more than £60,000 In either year.
Totsl remuneration payable to key management personnel in th8 year was £89,458 {2024- £66.739).
11 Taxallon
The charity is exempt from income tax arKI capital gains tax to the extent that Its income and gain8 are applied
for charitable purpose5. No lax charge has arfs8n in the year.
12 Intsngible flxod assets
Website
Group
Cost
At 1 April 2024
Additions- separately acquired
2,031
At 31 March 2025
2,031
Amortlsatlon and impaimient
At 1 Aprll 2024 and 31 March 2025
Carrying amount
At 31 March 2025
2,031
At 31 March 2024
-28-

EAST BELFAST COMMUNITY DEVELOPMENT AGENCY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THEYEAR ENDED 31 MARCH 2025
13 Tanglble flxed asets
Fr••hold FIXtur￿ and
proporty
fittlng•
Computer
•qulpment
Offl¢•
•quipm•nt
Tot81
Group
Al 1 April 2024
Additions
Disposals
3.315,747
194.170
6,372
27,952
149.209
6.788
7.428
(2,21 D) 154,051)
3.687.078
20.588
(56.261)
Ai 31 March 2025
3,315.747
200.542
32.530
102.588
3,651,405
Depreciation and Impalrn)ent
Ai 1 April 2024
Depreciation charged in the year
Ellmlnated in respect of dlsposaEs
708,109
66,315
164.677
6.005
21.512
4.133
(1.765)
129.211
5.881
154.051)
1,023,509
82.334
(55.816)
Al 31 March 2025
774,424
170.682
23,880
81,041
1,050.027
Carrying amount
At 31 March 2025
2,541,323
29.860
8.65D
21.545
2.601.378
At 31 March 2024
2.607,638
29.493
6.440
19.999
2.663.570
Flxtur•s and
flttlngg
Comput•r
•qulpm•nt
Tolal
Company
Cost
Al 1 April 2024
Addili¢)ns
Disposals
5,815
5.815
6.372
(1,238)
6.372
(1.238)
At 31 March 2025
6,372
4.577
10,949
Depre¢iatlon and Impalrment
At 1 April 2024
D8precialion charged in Ihe year
Elimlnated in respect of disposals
4.875
297
(1.238)
4.875
403
(1,238}
106
At 31 March 2025
106
3,934
4.040
Carrying amount
At 31 March 2025
8.266
6.909
At 31 March 2024
940
940
-27-

EAST BELFAST COMMUNITY DEVELOPMENT AGENCY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
14 Fixed Asset Investments
Company
East Belfast Community Development Agency is the sole member of Templemore Avenue School Trust, a
company Incorporated in Northem I￿land and Ilmited by guarantee. The prfnclpal activity of Templemore
Avenue School Trust Is the operation of East Belfast Ne￿rk Centre.
The registered office of Templemore Avenue School Trust is 55 Templemore Avenue, Belfast. BT5 4FP and its
re8u118 are consolidated into these financial stat8ments.
15 D•btor$
2025
2024
Amounts falllng due wlthln one year:
Group
Prapayments and accrued income
84.818
60.488
Company
Prepayments and accrued incomè
78.343
52,889
78,343
52.889
16 Credltors: amounts falling due withln ona yoar
2025
2024
Group
0th8r creditor8
Accruals and defe￿￿1 income
2,205
14,494
1.425
12.899
16,699
14,324
Company
A¢cruals and deferr8d Income
6,090
3,000
6,090
3,000
-28-

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EAST BELFAST COMMUNITY DEVELOPMENT AGENCY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED>
FOR THE YEAR ENDED 31 MARCH 2025
18 Explanatory notes to thè funds
Unré8trlctsd Funds
This fund is expendable at the dlscretlon of the dlrectors.
Indud8d within general funds rarried forward 15 £130,601 (2024 - £102.522) relating to the parent company.
During the year funds tot8lllng £60,954 were transferred from ￿S1￿Cted funds to unre8trict8d fund8. This
reflected reslricted fund balances where no further restrictions remained on unspent amounts.
Rostrfcted Funds
ivit18S
This funding from B81fasl City Council and Department for Communitie5 covérs core staff costs and running
05ts. Also Capaclty Building Programme and Youth Development Programme.
as
Managed by East Belfast Community Development AgenGy on b8half of Templemore Avenue SCI￿01 Trust
providing office spac8 for organisations. Also, room hire to communityfvoluntary and Statutory organisations.
This funding from the Public Health Ag8ncy and small one-off health related grants provides improvement and
Investm8nt in health, to impad on the social wellbelng of the community.
TE
This contract was awarded for a Heath and Wellbeing Programme in the East BeKast Cit araas.
Th
Funding awarded for Communlty Connections Programme whlch commenced in May 2023.
19 Financlal commlbiiènts. guarantses and contingent Ilabllltles
A portion of grants received may become repayabl6 if The Agency fails to comply wlth the tem)s of the lettèr of
20 R•lat0d party transactions
There were no disclosable ￿lated paty transactions during the year (2024- none}.

EAST BELFAST COMMUNITY DEVELOPMENT AGENCY
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
21 Analysis of nèt assols b•tsveen fundgj
Unrestrlcted Restrlctod
fund$
funds
2025
2025
Total
Total
2025
2024
Fund balances at 31 March 2025 are
represènted by:
Intanglble fixed assats
Tangible assets
Curr8nt as8etsl{liabilities)
2,031
2.031
50,469 2,550,909 2.601.378
314,273
83.876
398.149
2.663.570
340.572
366.773
2.634.785
3.001,558 3,004,142
22 Retlremenl ￿nefft schemes
2025
2024
Dofln•d contributlon schemos
Charge to profft or loss In respect of defin8d contribution schemes
43,396
44,103
The charity operates a defined Contributlon pension sch8m8 for all qualifying employees. The assets of the
schem8 are held separately from those of the charfty in an independenlly administered fund.
23 Condult fundlng
The Agency is responsible for receiving and distributing funds on behalf of the Department for Communiti8s.
£325,951 (2024 - £300,576) was received and distributed durlng the year and no balance was held In r8lation
to these monies at 31 March 2025.
24 Cash generated from operations
2025
2024
(DeficitJlsurplu5 for the year
(2.584)
6.164
Adjustmonts for.
Loss on disposal of tangible fixed 8ssets
Depreciallon and impairm8nt of tangiLle fixed assets
445
82,334
1.302
82,515
Movemonts In worklng ¢apltal:
{Increase) in debtors
Increa881{d8CTease) in creditor5
(24.330)
2,377
(22.165)
{1.059)
Cash genèrated from operations
58.242
66,757
25 Analysis of changes in net funds
The group had no debt during the year.
31