C.H.A.R.T.E.R. FOR NORTHERN IRELAND
Communities Having a Response Towards Economic
Regeneration
(A company limited by guarantee)
Statement of financial activities (incorporating the income and expenditure
account) for the year ended 31 March 2024
19
Total
funds
2024
Total
funds
2023
Unrestricted
funds
Restricted
funds
Note
Income from..
-Donations
5,050
21,534
26,584
11.582
234,034
245,616
16.632
42.608
271,107
313,715
-charitabl¢ activities
255.568
272,200
TotAI incorne
Expenditure on:
-charitable activitieg
(52,375)
(52.375)
(25,79 l)
(242,246)
(242,246)
3,370
(294,621)
{294,621)
(22,421)
296.795
296.795
Total expenditure
Net incomel(expenditure) for the
year
Transfers between funds
16,920
11,758
(14,033)
{11,758)
(8,388)
Net movement in funds
Reconcillation of funds:
Fund balances brought forwArd
Atl A ril
Fund bAlance$ carried forward at
31 Mirch
{22,421)
16,920
96,539
196,860
293J99
276,479
15-17
82,506
188,472
270,978
293.399
The Statement of Financial Activities includes 811 gains and losses recognised in the year.
All amounts above relate to contlnuing operation8 of th¢ charitable company,
The notes fomi part of these financial statements.

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
Communities Having a Response Towards Economic
Regeneration
(A company limited by guarantee)
20
Balance sheet as at 31 March 2024
2024
2023
Note
Fixed assets
Tangible assets
12
191,570
196.490
Current assets
Debtors
13
24.762
93,OSO
117,812
(38,404)
25,543
91,074
Cash at bank and in hand
116,617
(19,708)
Creditors: amount$ fAlling due within one year
14
Net eurrent assets
79,408
270.978
96,909
Total net Assets
293.399
The funds of the eharity
Restricted funds
15
188,472
39,219
43,287
270,978
196,860
54,484
42,055
293,399
Unrestritted funds - general & regerves
Unrestricted funds - designated
Total ehgrity funds
E6
16
17
The notes on pag¢s 22 to 39 form part of the fll)anctaE statements.
These financial gtatements have b¢¢n pr¢pared in accordance with th¢ provisions applicable to companies subjeet to the small
companies. regime.
The financial Statements on pag¢s 19 to 39 were approved by the Board of Trustees on 12 D¢eember 2024 and were signed on
their behalf by:
Albert Hewitt- Chairperson
rown . Trustee
C.H.LKT.E.K for Northern Ireland
Con)pany Registration number: N1054626

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
21
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Statement of Cash Flows for the year ended 31 March 2024
2024
2023
Notes
Net cash
out
linflow from o
eratin
activities
18
9,350
22,417
Cash flow from investing activities
Purchase of tangible fixed assets
Net cash used in investing activxties
(7,374)
(7,374)
(1,950)
(1,950)
Net {de¢rease)lincrease in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Total cash And cash equivAlents at the eiid of the year
1,976
91.074
93,050
20,467
70,607
91,074

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
22
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2024
Sun]mary of significant accounting policies
The significant principal accouiitiiig policies adopted, judgements and key sources of estimation uncertatnty in the
preparalioii of the financAal statem¢iits ar¢ set out below. Thes¢ polici¢s hav¢ b¢en consistently appli¢d to all periods
pr¢s¢iiled unlcss othcnvise stat¢d.
Basis of prepArAtion of fingnciAI statements
The financial statemen15 have been prepared in accordance with Accounting and Reporting by Charilieg: Statement of
Recotnmended PractlLe applicable to chariti¢$ preparing their accounts in accoi'daiice with the Finan¢ial R¢porting
Siandiird applicable in the UK and Republic of Ireland (FRS 102) etyective l January 2019) (Chariiies SORP 2019
{FRS 102)), the Financial Reptsrtin&T Standard appli¢abl¢ in the UK and Republic of Ir¢land {FRS 102), applicabl¢ charity
law, the Companies Act 2006 and UK Generally Accepted Practi¢e.
Charter Nl meets the definition of a piiblic benefit entity under FRS 102 and its operations and principal activities are as
disclosed in the Trustees, Report.
The financial statements are prepared in 5terling> which is the functional currenLy of the charitable company. Monetary
amoiints iii thcsc flnancial stateinents are round¢d to the nearest £.
Assets and liabilities are initially recognised at historical Cost or transaction value unless otherwise stated in the ￿ levant
aLcountin8 policy note(s).
Thc financial stateinents are prepared on a going concern basis.
Going concern
The charitable company's activities, togcthcr with factors likely to affect its future development, performan¢e and
position. continuously reviewed by the tnistees. Theye includL the charitable company's cash flow. A$ a ¢onsequcnc¢,
the trustees believe that the charitable company is well placed to manage busin¢8s risks successfully desplte the CUiT¢nt
uncertain econoniic outlook. Tlie Chllrilablc company meets its day to day working capital requirements through its Lash
resources and banking facilities. Th¢ tnistee5 are Lonfident th21 thc charitable Lompany will have adequate resources to
oiilinuc its nonnal busincss for the foreseeable futiire, and accordiiibly continues to adopt th¢ gollig con¢¢rn basis in
preparing the anniial report and financial stateinents.
Fund accounting
The charity has various types of fLind for which it is responsible and which require specific discEosure$. A definition of
the various types of fund5 is as follows:
Genernl funds
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of
the general obj¢¢tive5 of the charity and which have not been designated for other purposes.
DesignAted funds
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes.
Restricted funds
Reslrict¢d funds are funds which are to b¢ u5cd in accordan¢¢ with specific restrictions itnposed by donors or
which have been raised by the Lharity for particular purposes.
The costs of raising and administering such funds are charged against the speeific fund.
UDrestrieted funds
Unrestricted fi]nds are amounts which are expendable at the discretion of the trustees in fLUtherance of the aims of
the chai-ity.

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
23
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2024
Summary of significant accounting policies - continued
Incoming resources
All incoming resources ar¢ included in thc Statement of Financial Activities when the charity is l¢gally entitled to the
income, the amoiint can be measured reliably and rcceipt Is considered probable. Income is deterred only when the charity
has lo fulfil conditions which are not fully within the control of the charity before bccoming cntitlcd to it or where the
donorlfunder has specitied that the income is to be exp¢nd¢d in a future period.
Resources expended
All cxpcnditure is accounted for on ail accruals basis 01)ce there is a IL&yal or ¢onslrucliv¢ oblig¢ltivn lo make a payment
to a third party, it is probable that s¢ttlernent will be required and the amount of th¢ obligation Lan be measured reliably.
Expenditure is classified uiider the following activity headings..
Charitable activities
Charildble eXPLndittir¢ Lompris¢s those costs incurred by the charity in tlie delivery of its activities and s¢rvices
for its beneficiaries. It Rncludes boih ¢05ts that can be allocated directly to such activilies and those costs of an
indirect nature necessary to supply them. Siipport costs are those LOSt5 incurred in support of direct ¢xpenditUTC
on the objectg of the charity and include projcct managemeiit. Governance cost5 are Ihosc inLurred in connection
wilh ¥)dminis¢ratioii of thc Lharity and cojnpliaiic¢ witli LOIlStilutional ￿]d stalulory r¢quir¢in¢nis.
The analysis of these cosls is included in nol¢s 5 - 7.
Irrecoverable VAT is charged as a ¢ost against the activity for which the expenditure was inLurred or ¥apilalised
as part of the cost of th¢ related assct as appropriate,
Employee benefits
When employees have rendeird service to the charity, short-term employee b¢nefits to which the employees ar¢ entitled
are recogniscd at the undis¢ounted amount expected to b¢ paid in exchange for that servicc.
Retirement benefit$
The company conlribiites to the NEST pension scheme with contributions charged to the SOFA as they become payable
in accordaiicc with th¢ rul¢s of the scheme.
Tangible Fixed Assets
Thc co.qt of lan&rible assets is their purchase cost, together with aiiy incidental cost5 of 8cquisilion. Depreciation is
alculaled so as to write off the cost of tangible fixed assets, l¢ss their estimated residual values. on a straight-line basis
over the expected useful economic lives of the assets concerned. The principal annual rates used are as follows..
Buildings
Equipment
40/0 strnight lin¢
251)/D Straight line
Thc Garrying valiie of the langiblc fixed asset5 is reviewed annually for impairment in period to det¢rn]ine if events or
changes in circumslances iiidi¢ate the Larrying value may not be recoverable.
Cash at bank and ill hand
Cash at bank and in hand includes cayh, deposits held at call with banks and other short-term highly IiquKd investments
with original maturiries of three months or less.

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
24
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2024
Summary of significant accounting policies - continued
Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic ftnancial instniments. Basic
financial instruments are initially recognised at transaclion price and subsequently measured at th¢ir s¢ttlem¢nt value,
unless the arrangeinent constitutes a financing transaction. Financing transactions are initially measured at the pres¢nt
value of the fulLire receipts discounted at a market rate of interest. and are subsequently carried at amortised cost, using
th¢ cffective interest rate method. Financial assets and liabilities Llassified as receivablelpayable within one year are not
amortised.
Leases
Rentals payable under operating leases are charged to expenditure on a straight-line basis over the terni of the relevant
lease.
Impairment
Assets not measiired at fair value are reviewed for any indication that the asset may be impaired al each balance sheel
dalc. If such indication exists, the recov¢rabl¢ amount of the iisset, or the asset's Lash generdting unit, is estimated and
compared to thc carrying amount. Wlicre the carryiiig ainoiint exceeds its rccoverablc amouiit, an impairnienl loss is
r¢¢ogynibed in profit or108s unless the llsset is Carried al a revalued amount where the impairmcnt loss is a revaluaiion
decrease.
Crltical fietounting judgements And e$tima¢ion uncertainly
Estimates and judgTments are continually evaluated and are based on historical experience and other factors, including
expectations of futiire events that are believed to be reasonable undeT the circumstanc¢s.
Crilical.judgemeiils' in applying the enlity's ac¢Dunliiig policies - There are no critical judgements in applying the
company's accounting policies.
(.'ritiLal accoiiiiliiig etslimales and assiimpiiniis - There are no critical accounting estimates and assumptions.
Donations
Unrestricted
funds
Restricted
funds
Total funds
2024
Total tunds
2023
Non-performanc¢ grant8
Git15
11,582
11,582
s,oso
16,632
500
5,050
42,108
42,608
5,050
11,582
Of the £16,632 received in 2024, (2023: £42,608), £11,582 related to restricted funds (2023- £nil) and £5,050 to
unrestrictcd funds (2023.. £42,608).
Government grants Included in Donations amounted to £nil (2023,. £nil).
Gifts include the use of facilili¢s provided by NIHE and valu¢d at £5,050 pa in both years.

C.H.A.R.T.E.IL FOR NORTHERN IRELAND
25
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2024
Income from charitable activities
Unrestricted Restricted Total funds Total funds
nds
fiu)ds
2024
2023
Contract income
9.113
15,780
24,893
85,540
Rental income, including room hire
Primary purpose trading
Grants
1,260
1,260
3.943
6,790
6,790
3,069
4.371
218.254
222,625
255,568
178.555
271,107
Total income from charitable activities
21,534
234,034
Unrestricted Restricted Total funds Total funds
funds
funds
2024
2023
Grants received ineluded in the Above are as follows:
Tullycarnet Commimity Regeii¢ration Project - Dfc
Diamond Project - BCC Capacity
Culturol Coiifidence in Youiig Peopl¢- TEO Good Relations
Eastside Voices - TEO Urban Villages
Community Safety - NII-IE
Diamond Health Hiib - TEO Urban Villages
East Bclfast Cultural Confidence & Tolerance - BCC
60,423
60,423
65,689
44,634
44,634
28,195
34,135
34,135
(2,019)
12,750
11,519
1,501
13,329
14,830
14,026
2,870
38,300
41,170
Sunm]ei' Cultural Fest - BCC
24,589
King's Coronation- The National Lottery Awards for All
TWN Tarnpon Tax - Connectiiig Women in Community
East Belf&st Hardship Fund - EBCDA
Platinum Jubilee - Arts Council ot NIITNL Good Causes
8,420
8,420
8,939
7,800
6.335
Good Relations & Cultural ID - LCCC
1.304
1,304
1,987
Christmas & Knocknagoney Get Fit - NIHF.
Knocknagoney Cliristma5 - BCC
Christmas - Habintcg Housing Association (Ulster)
Halloween, Chrislmas & R'brance - Ballymac Friendsliip
Que¢n's Tea Parties - The Community Foundation
Mens M¢ntsl Healtli Group - ASDA Foundation
Cultural Lead¢rship - BCC
BCC/Albert Street Community Centre
4,155
4,155
1,620
1,425
1.425
1,917
610
610
650
1,750
3,172
900
50
205
Total Grants
4,371
218.254
222,625
178,555

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
26
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2024
lllcome from eharitable activities continued
Of the £255,568 received in 2024, {2023- £271.107), £234,034 related to r¢stricted funds (2023: £232,374) and £21,534
to unrestricted fuiids (2023- £38,733).
Government grants incllided in Income from Charitable Activities amounted to £222,015 (2023: £155,344).
Non-Exehange transactions
Volunteers
The charitable company has benefitled from the contribution of unpaid general volunteers. Their contribution is not
accounted for due to the lack of a reliable basis of measurement.
The Diamond Hub
From 30 JLine 2017 the Diamond Project has been party to a 20-year lease on a community hub building situated at 32
Constance Strect, provided by Northern Ireland Housingl Executive al a peppercorn rent.
The rateabl¢ Net Annual Valiie of this property is esiimated at £5,050pa. This tigure represeiits the cstimated amount the
charity would pay in the open inarket for an alternutive cquivalcnt facility and ther¢for¢ the value of the donaled facilities.
Tn liiie with thc SORP, £5,050 has Ih¢r¢fore been included in Income from Donation8 and Expenditure on Charitable
ALlivities.

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
27
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2024
Expenditure on charitable activities by fund type
Activitics
undertaken
directly
Support
costs
Total costs
2024
Year ended 31 March 2024
Unre$lrACted funds
General fund
11,651
1,799
34,987
197
46,638
1,996
3,741
52,375
Designat¢d for tlie Diamond
D¢signatcd for the East B¢lf&st Loyalist Conflict Museum
Tol&il Unrestricted funds
3,741
13,450
38,925
Restricted funds
Tullycarnet Community Regeneration Project - Dfc
Diarnond Project - BCC Capacity
Pathways Programm¢ - PHA
43.401
12,963
56.364
32.431
4,930
37.361
15.780
15,780
Cultural Confidence in Young People- TEO Good
Relations
Cojnmunily Safety - NIFIE
29,314
5,554
34,868
11,285
946
12,231
Diamond Health Hub
Diamond Health Hub - TEO Urban Villages
Future Innovators - Co-operalion Ireland
Gym & bike shed- TEO Urban Villages
12,656
673
13,329
1,733
150
1,883
9,021
9,021
East Belfa8t Cultural Confidence & ToleranLe - BCC
38,034
38,034
King's Coronation- The National Lottery Awards for All
Core funding- Halifax Foundation for Northern Ireland
8,049
8,049
4,509
4,509
Good Relations & Cultural ID - LCCC
1,304
1.304
Christmas & Knocknagoney Get Fit - NIHE
Knoeknagoney Christmas - BCC
KnoLknagoney Christmas - Habinteg Housing Association
(Ulster)
Learning ThTough the Divide - TEO Good Relations
R¢501ve - ICRC, NIHE
Total Restricted fi]nds
4,155
1,423
610
4,155
1,423
610
325
325
3,000
3,000
242,246
294.621
209,521
222.971
32,725
71.650
Total expenditure

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
28
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2024
Expenditure on charitable activities by fund type- continued
Activities
undertaken
dir¢¢tly
Support
costs
Totol ¢o$ts
2023
Year ended 31 March 2023
Unrestricted funds
General & designated funds
Total Unrestrictcd funds
13,995
13,995
43,108
43,108
57,103
Restricted funds
Tullycarnet Community Reg¢neration Project- Dfc
Individual Carer Advice Network - Active Commiinities
Network
Diamond Project - BCC Capacity
Pathways Programme - PHA
46,042
14,858
60,900
28,458
28.458
24,189
15,660
3,130
27J19
15,660
Ea51Side Voices - TEO Urban Villages
Arts Council of NIKTNL Good Causes - Plalinum Jubilee
618
627
6,135
6,135
Community Safety - NIHE
9,438
1,383
10,821
Diumund Heulih Hul)
Diamond HeAlth Club - TEO Urban Villages
Gym & bikc shcd - TEO Urban Villag¢s
11,995
600
12,595
12,896
12,896
Summer Cultural Fest - BCC
22,770
6,964
7,000
22,770
8,939
7,000
5,400
1,987
1,620
1,917
650
Connecting Womeii in Commiinity - TWN Tampon Tax
East Belfast Hardship Fund - EBCDA
Cor¢ tunding - Halxfax Foundation for Nl
Good Relations & Cultural ID - LCCC
1,975
5,400
1.987
1,620
1,917
650
Di￿n0nd Christmas- NIHE
Knocknagoney Christmas - BCC
Diamond Christmas - Habint¢g Housing Association
{Ulster}
Hdlloween, Christmas & Remembrance Service -
Ballymac Friendship Club
Future-proofing - TNL Community Fund
Learning Through the Divide TEO - Good Relations
Queen's Tea Parties - The Commuiuty Foundation
Men's Mental Health Group - ASDA Foulldatxon
Totsl Rcstrictcd funds
1,750
1.750
7,630
324
7,630
546
222
3,172
3,172
900
900
212,115
27,577
239,692
Total expenditure
226.110
70,685
296,795

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
29
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2024
Support costs
UnrestriL'ted
funds
RcslricL.d
funds
TotAI fund$
2024
Total funds
2023
Salaries & pellsions
R¢nt & rates
25,619
3,872
419
17,538
4.715
962
43,157
46.592
9,101
1,063
1,637
3,127
792
H¢ul & light
Repairs & maintenance
Insurance
1,381
373
223
150
1,745
160
2,373
633
4.118
793
Telcphone
Depreciatioi)
Professional fees
598
598
250
2,160
40
2,000
4,160
40
2,827
360
Stationery
Software licen¢e
675
675
615
Hospitality
Sundry
Website
543
543
116
117
551
492
492
144
Bank fees
437
179
616
626
Gov¢rnance costs (Note 7)
1,826
38,925
4,174
32,725
6,000
3,000
70,685
Of the £71.650 expended in 2024, (2023.. £70.685), £32,725 related to r¢strict¢d funds (2023: £27,577) and £38,925 to
unrestricted funds (2023: £43,108).
Governance costs
Unrestri¢t¢d
funds
Restricted
Funds
Total funds
2024
Total fi]nds
2023
Professional fees - audit
1,826
1,174
3,000
4,174
3,000
3,000
6,000
3,000
Legal Losts re Resolve
1.826
3,000
Of the £6,000 expended in 2024, (2023: £3.000), £4,174 related to restricl¢d ￿ndS (2023.. £1,361) and £1,826 to unrestrict¢d
funds (2023: £1,039).

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
30
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financRal statements for the year ended 31 March 2024
Net ineomel(expenditure) for the year
2024
2023
This is stPAted after charging..
D¢pr¢¢iatioii
Operating lease - rental charges
Fees payable to company auditor- audit ()f the accounts
12,294
8,587
3.000
14,892
8.837
3,000
Staff costs and emoluments
2024
2023
Wages and salaries
Social security costs
Pension costs
113.348
5.057
2,551
(462)
120,494
108,901
5,337
2,437
152
Movement on holiday pay accrual
116,827
Key manAgement compensation
2024
2023
Key manugement Compensation
79,331
85,240
2024
2023
Number
Number
The number of persons employed by the Company during the year WAS:
Direct, support and governance
No employee received remuneration of more than £60,000 during the year (2023.. Nil).
The pension amounls recognised as an expense in the year w¢r¢ £2,551 (2023: £2,437) in respect of its own contribution.
10 Trustees, Remuneration and Benefits
Thei'e was no trustees, remuneration or other benefits for the year ended 31 March 2024 (2023: £nil). No trustee receiv¢d
Piiyment for professional or otlier serviccs supplied to the Lharitable company {2023'. nkl)
Trustees, expenses
There were no trLiStees' expenses relmbursed for the year ended 31 March 2024 (2023: £nil)-

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
31
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ellded 31 March 2024
I l Taxation
The company is a registered charity. and as such is entitled to certain tax exemptions on income and profits from investments. and
surpluses. on any trading activities ¢anied on in furtherance of the charitys prin]ary objectives, if these profits and surpluses ar¢
applied solely for charitable purposes.
12 Tangible fixed assets
Lond &
buildings
Equipment
Total
Cost
At l April 2023
Additions
230,169
29,669
7,374
(130)
36,913
259,838
7,374
(130)
267,082
Disposals
At 31 MArch 2024
230,169
AceumulAted depreciHtion
At l April 2023
Disposals
Charge for the year
At 31 March 2024
36,084
27,264
(130)
3,273
30,407
63,348
(130)
12,294
9,021
45,105
Net book amount
At 31 March 2024
18S,064
194,085
6,506
191.570
At 31 MarLh 2023
2,405
196,490
A Deed of Mortgage and Charge is registered againgt the community gym and bicyele workqhop modular buildings at 31
Kingswood Street conipleted iii July 2019, in tavour of TEO, wlio tunded th¢ premises under the Urbaii Villa&vcs Dcvelopment
Fund al a cost of £225,527. Subject to there being no breach of the project funding agr¢¢m¢nL th¢ property wtll be released to
the charitable company on 13 Febrnary 2029.
13 Debtors
2024
2023
(irants & donations receivabl¢
Contract inLome
23.191
16,793
8,500
250
Prepayments and accrued income
1,571
24,762
25,543

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
32
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2024
14 Creditors: amounts falling due within one year
2024
2023
Accruals and deferred income
Other creditors
36,259
17,484
2.224
19.708
2,145
38,404

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
33
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2024
15 Restricted income funds
Balance at I
April 2023
Incoming
resources
Outgoing
resources
BAlance at 31
March 2024
Yexr ended 31 March 2024
TYansfer8
Tullycarnet Commuiiiiy Regeneration
Project - Dfc
Diamond Project- BCC Capacity
Pathways Programme - PHA
Cultural C.ollfideiice in Young People - TEO
Oood Relations
EasiS&de Voices - TEO Urban Villages
Community Safety - NIHE
1,676
60,423
(56,364)
(5,548)
187
44,634
15,780
34,135
(37.361)
(15,780)
(34,868)
(6.483)
90
790
(90)
733
(536)
391
1,929
11,519
(12,231)
1.608
Di(thiond Health Hub
Diamond Health Hub - TEO Urban Villages
Future Innovators- Co-operation Ireland
Gym & bikc shed- TEO Urban Village8
(69)
13,329
7,082
(13,329)
(1,883)
(9,021 }
69
5,199
180,422
189,443
F.a8t Belfa8t Cultural Contjdence &
ToleranL'e - BCC
King's Coronation- The National Lottery
Awards for All
Core fiindiiig - Halifax Foundation for Nl
Good Relations & Cultural ID - LCCC
Christmas & Knocknagoncy Get Fit - NIHE
Knocknagoney Christmas - BCC
Knocknagoney Christmas - Habinteg
Housing Association (Ulst¢r)
Futtir¢-prooting - TNL Community Fund
Learning Through the Divid¢ - TEO Good
Reldlions
Re.8olve - Intei'national Committee of The
Red Cross, NIHE
38,300
(38,034)
266
8,420
(8,049)
{371)
4,500
(4,509)
(1.304)
(4,155)
(1,423)
{610)
1,304
4,155
1,425
610
(2)
(370)
(72)
370
(325)
397
3,877
(3.000)
(877)
At 31 Mareh 2024
196,860
243.616
(242,246)
(11,758)
188,472

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
34
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2024
15 Restricted income funds continued
Of the total restricted funds ai 31 March 2024 of £188,472, £185,621 represents the net book valu¢ of buildings and equipment
funded by TEO Urban Villagcs and other ￿nderS and included in Fixed A55ets.
The Tru5t¢¢s' Report describe5 in full th¢ aims and uses of restrictcd funds.
Dfc - TullycArnet Community Regeneration Project
£2,800 core costs, originally allocated to unrestricted funds in year ended 31 Mai'ch 2024. have been transf¢iTed to restricted
funds, in line wilh the restricted budgJ¢l set by the funder. In addition, there was £2,748 extra funding received over the two
years to 31 March 2024 10 help with rising overhead Losts and it too ha5 now becn transferred to unrestri¢t¥d funds.
BCC Capacity- DiAmond Projeet
£5,983 core costs. originally alloLated to iinrestricled funds in year ended 31 March 2024, have now transferred to restricted
fi]nds in line with the restricted budget sct by the funder. In addition, th¢r¢ was £500 extra ￿ndIng rc¢cived to h¢lp wilh rising
ovcrliead cost5.
TEO UrbAn Villages- Eastside Voices
The £536 surplus on this conipleted pi'ogramme has becn transferred to TEO'S Cultural Confidence in Young People
programme.
The NationAI Lottery AwArds for All- King's Coronntion
Tlie £371 sui'plu5 on ihis coinpleted prograinine lias bcen transferred to covcr thc deficit on TNL'S Future-pro0f￿g
programme.
International Committee of the Red Cross- Resolve
After Ineeting) the IL&yal Losts of 8cparating Resolve froin Charter Nl, the £877 surplus which remained has been transferred in
ac¢ordance with th¢ funder's wishes, lo iinr¢stricted reserv¢s,
Some small restricted deficits have been met from unreslricled funds eg £397 TEO'S Learning through the Divide, £391
NIFIE'S Cominunity Safety.

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
35
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2024
15 Restricted ineome funds continued
BalanLe at I
April 2022
Incoming
r¢soiirccs
Outgoing
resourcc8
BAlance at 31
March 2023
Year ended 31 March 2023
Transfers
TullyLarnet Community Regeneration
Project - Dfc
Individual Carer Advice Network - Active
Communities N¢iwork
Diamond Project- BCC Capacity
P&tliway5 Programme - PHA
Eastside Voi¢e5 - TEO Urban Villages
Community Safety - NIHE
(313)
65,689
(60,900)
(2,800)
1,676
42,509
(28,458)
(14,051)
28,195
15,690
(27,319)
(15,660)
(627)
(10,821)
(876)
(120)
3,182
(90)
536
(2,019)
12,750
1,929
DirtRiondHcdlth Hub
Diamond Health Hub - TEO urb£￿ Villages
Gyin & bike shed - TEO Urban Villages
12,526
(12,595)
(12,896)
(69)
189,443
202,339
Summer Cultural Fest - BCC
22,714
{22,770)
(8,939)
56
TWN Tarnpon Tax - Connecting Women in
Community
East Belfast Hardship Fund - EBCDA
Platinum Jubilee - Arts Council of NIITNL
Good Caiises
Core funding - Halifax Folindation for Nl
Good Relations & Ciiltural ID - LCCC
8,939
7,000
6,335
(7,000)
(6,135)
(200)
5,400
(5,400)
(1,987)
1,987
Diamond Chrt8tmas - NIHE
1,620
1,917
650
(1,620)
(1,917)
(650)
Knocknagoney Christmas - BCC
Diamond Christmas - Habintcg Housing
A.8sociation (Ulster)
Halloween, Christmas & Remcinbraiice
Service - Ballyillac Friendship Club
Future-proofing - TNL Cominunity Flind
Learning Through the Divide- TEO Good
Relations
Resolve - Enternational Committee of The
Red Cross
Queen's Tea Paty Clara Street - The
Community Foundation
Queen's T¢a Party Diamond - Th¢
Coillmunity Foundation
Mens Mental Health Group - ASDA
Foundation
Cultural Leadership - BCC
At 31 March 2023
1,750
(1,750)
7,260
474
(7,630)
(546)
(370)
(72)
3,877
3.877
1,687
{1,687)
1,485
(1,485)
900
(900)
50
(50)
(17,921)
222,099
232,374
(239,692)
196,860

C.H.A.R.T.E.IL FOR NORTHERN IRELAND
36
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2024
15 Restricted income funds continued
Of the total restricted funds at 31 March 2023 of £196,860, £190,385 repr¢s¢nts the net book value of buildings and quipment
nded by TEO Urban Villages and other funderq and included in Fixed Ass¢t$.
The Trustees, Report describes in full th¢ aims and uscs of restricted funds.
DfC- Tullycarnet Community Regeneration Project
£2,800 core costs, originally allocated to uurcstricted funds. have been transferred to rcstricted funds in line with the restricted
budget set by the fund¢r.
Aetive Communities Network- Individual C#rer Advice Network
The £14,051 Iraii%fer is made up of £4,054 core costs, originally allocAted to unrestricted fundq, now tranSfe￿¢d to restricted
funds, and £9,997 fe¢ for service4 provided, both iii line with the restricted budgei set by the fiinder.
BCC CAPJlClty - Diimond Project
The £876 transfer is mdde up of £2,600 core costs, originally allocated to unrestricted tsnd5, now transferred to restricted funds
in line with the restricted budget set by the fund¢r, less an overall deficit on the restricted fund of £1,724.
Arts Council of NirrNL Good Causes
£200 corc cost,s, originally alloLated to unrestricted funds. have been transferred to restricted funds in line with the restricted
biidget set by the funder.

C.H.A.R.T.E.IL FOR NORTHERN IRELAND
37
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2024
16 Unrestricted income funds
Year ended 31 March
2024
Balan¢¢ at I
April 2023
Incoming
resources
Outgoing
resources
BAlance at 31
Mireh 2024
Transfers
General funds, including
reserves
DesignAted funds:
Diamond Project
East Belfast Loyaligl
Conflict Museum
To(al unrestricted fuiids
54,484
19,615
(46,638)
11,758
39,219
[9,549
22.506
6.969
(1,996)
(3.741)
24,522
96.539
26.584
(52,375)
11.758
Designated funds of £43,287 (2023: £42,055) relate lo unrestricted funds set asid¢ by the trnstees for us¢ as indicated &bov¢.
Year ended 31 March
2023
Balance at I
April 2022
Incoming
resources
Outgoing
re8oufLes
BAIAnce at 31
March 2023
Transfers
GenerAI funds. Including
reserves
DesignAted funds:
Diamond Proj¢¢t
East Belfast Loyalist
ConfliLI Museum
Total unr¢slricced fund5
37,965
81.341
(57,103)
(7,719)
54,484
16,415
3,134
22,506
22,506
54,380
81,341
(57,103)
17,921
96.539
17 Analysis of total net assets between funds
YeAr ended 31 March 2024
Unrestricted
Restricted
Total 2024
Tangible fixed assets
Net current assets
5,949
76,557
82,506
185,621
2,851
188,472
191,570
79,408
270,978
Total funds
Year ended 31 March 2023
UDr¢stricted
Restrict¢d
Total 2023
Tangible fixed assets
Net current assets
6,105
90,434
96,539
190,385
6,475
196,860
196,490
96,909
293,399
Ttst%EI funds

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
38
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2024
18 Reconciliation of net income/{expenditure) to net cash flow from operating activities
2024
2023
Net inLomel(expendilur¢) for the y¢ar
Add back depreciation charge
Add back loss on disposal
(Increase)IDecrease in debtors
Incr¢ascl(decrease) in ¢rcditors
Net cAsh flow from operating activities
(22,421)
12,294
16,920
14,1192
1,033
7,829
(18,257)
22,417
781
18,696
9,350
The charitable company has no overdrafts, loans or finance lease obligations.
19
Contingent Liabilities
A concingenl liability exists to repay a portfton of any grants received should certain conditions iiot be fulfilled by the charitable
colnp￿iy.
20 FRC Ethical Standard - Provisions Available for Small Entities
In Lommon with many other organisations of our size and nature we use our auditors to assist with the preparation of the
financial statementy.
21 Company status
The charity is a company limlled by ￿larantee incorporated In the UK and regi5tercd in Northern Ireland 2nd sovemed by a
Mcmorandum and Articles of A.ssociation. The rhaiity does not have share capital. The liability of eaLh member is limited to an
amount not cxceeding £ l in the event of a wiiiding up. The charily's re&iistered otlice is given in the Ret-erence and Administrative
Details section of the Trustees, Report.
22 Ultimate controlling party
The Board of Trustees is the iiltimate controlling party.
23 Related party transactions
Charter NI employs as its Operations Manager, Mr5 Caroline Birch, the wife of one of its trustccs. In the ycar to 31 March 2024
her gross taxable salary was £34,333 (2023-. £38,674) und employer's National Insurance ¢ontribution.s were £3,483 (2023..
£4,325). Charter Nl also contributed £843 (2023.. £946) pension contrlbutions.
In year ended 31 March 2023, Caroline delivered professional workshop and residential faciliiation servi¢es to a Charter NI
programine through her business, outside ot her employee role in Charter Nl. She was paid £1,590 which was ftilly fijiided by
Testrieted funds.

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
39
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2024
24 Fillancial and Capital Commitments
The con]pany has annual rent conllnitments as follows.,
2024
2023
Within one year
Within two and five ycars
4,418
4,418
4,418
4,418
The company has no capilal comrnitmcnts at 31 March 2024 or 31 March 2023.