REGISTERED COMPANY NUMBER: N16320801Northern Ireland)
REGISTERED CHARITY NUMBER: NIC106517
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR
THE YEAR ENDED 31 MARCH 2025
FOR
GIRDWOOD COMMUNITY TRUST
M.B.McGrady & Co
Chai'tered Accountants
Suite 2B
Cadogan House
322 Lisburn Road
Beifasl
Co. Anli'im
BT9 6GH

GIRDWOOD COMMUNITY TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Page
Reference and Administrative Details
Report of the Trustees
3to5
Independent Examiner's Report
statement of Financial Activities
Balance Sheet
8tog
Notes to the Financial Statements
10t016

GIRDWOOD COMMUNITY TRUST
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 MARCH 2025
TRUSTEES
Adele Huddleston
Mr lan McLaughlin
Mr Manus Maguire
Mrs Rosemary McGreevy
COMPANY SECRETARY
Mr Manus Maguire
REGISTERED OFFICE
185 Cliftonpark Avenue
Belfast
United Kingdom
BT14 6DT
REGISTERED COMPANY
NUMBER
N1019141 {Northern Ireland)
REGISTERED CHARITY
NUMBER
NIC106517
INDEPENDENT EXAMINER
Mr Seamus McLernon
On behalf of M.B.McGrady & Co
Chartered Accountants
Suite 2B
Cadogan House
322 Lisburn Road
Belfast
Co. Antrim
BT9 6GH

GIRDWOOD COMMUNITY TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March
2025. The financial statements have been prepared in accordance with the Charities SORP {FRS 102)
'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable in the UK and
Republic of Ireland (FRS 102) (effective 1 January 2015}', Financial Reporting Standard 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The purpose of the charity is to advance peace and reconciliation within Cliftonville, Lower Shankill, Lower
Oldpark and their environs of Belfast and to advance the benefit of the inhabitants of the area of benefit, and
promote economic and urban regeneration within the locality, and to promote a peace and reconciliation at
Girdwood on a cross community basis, for the benefit of the inhabitants of the area of benefit without
distinction of political, religious, or other opinion, nationality, ethnic identity, disability or sexual orientation,
with the object of improving the conditions of life of said inhabitants and building good community relations
within the locality.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The primary focus of our work is to secure agreement from Belfast City Council to manage the Girdwood
Youth Space as a centre to promote peace and reconciliation and economic and urban regeneration.
In 2016 Belfast City Council sought expressions of interest from a suitable cross community organisation
to manage the Girdwood Youth Space. One expression of interest was submitted by the North Talks Too
project which set up the Girdwood Community Trust as its legal entity.
Belfast City Council decided to procure the services of an independent consultant to develop a
community management proposal to manage the Girdwood Youth Space and facilitate the engagement
of community and youth organisations around the site.
This consultant facilitated a series of meetings with community and youth organisations around the
Girdwood site and the Girdwood Community Trust. This lead to a draft community management proposal.
This was an intensive piece of work which took more than 12 months to complete.
After a number of meetings the five areas around the Girdwood site which include Lower Shankill,
Cliftonville, Lower Oldpark, TDK community area and New Lodge came to an agreement on the way
forward for the community management of the Girdwood Youth Space. This led to changes to the
Memorandum and Articles of Association at a special meeting on 21st October 2019. Further meetings
took place to agree a new community management proposal which was submitted to Belfast City Council
in February 2020.
During the current year April 2024-March 2025 Girdwood Community Trust meet 8 times to response to
amendments and changes to the proposal for the community management of the Girdwood Youth Space.
FINANCIAL REVIEW
Financial Review
The results for the year are set out in detail on pages 7 to 16.
Reserve policy
Girdwood Community Trust does not yet have a reserves policy. This will be set in the near future once
funding is secured. The charity has no deficit at the end of this financial year.

GIRDWOOD COMMUNITY TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Trustees, and officers, liability
During the year the Company maintained insurance cover against liabilities incurred whilst acting in their
capacity as trustees or officers of the company.
Girdwood Community Trust is a company limited by guarantee with a Memorandum and Articles of Association
which was adopted on 1 Olh June 2015.
The trustees who served during the year were:
Mr lan McLaughlin
Mr Manus Mcguire
Ms Janice Beggs (resigned 8 January 2025)
Mrs Rosemary McGreevy
Ms Adele Huddleston (appointed 8 January 2025)
Trustee Appointment Informatlon
Trustees are elected by the members or co-opted by the Trustees provided that there shall be at all times
equal representation of trustees on the Board connected with member organisations associated with the two
main traditions (Catholic, Nationalist Republican and Protestant, Unionist and Loyalist.) This does not affect
the nomination and election of other Trustees who have no association with organisations from the two main
traditions.
Public Benefit Compliance
In setting our objectives and planning our activities for the year the Trustees have given careful consideration
to the Charity Commission Nl's gLtidance on public benefit to ensure that the activities have helped to
achieve the charitys purposes and provide a benefit to the beneficiaries.
FUTURE PLANS
We hope that our aspiration to work together as communities and manage the Girdwood Youth Space is achieved in
the incoming year.

GIRDWOOD COMMUNITh TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STATEMENT OF TRUSTEES RESPONSIBILITIES
The Iruslees (who are also th8 dlreclors of Glrdwood Community Trusl for the purposes of company law)
are responsible for preparlng the Report of the Trustees and the flnanclal statements in accordance wlth
applicable law and Unlted Klngdom Accounting Slandards (United Kingdom Generally Accepted Accounting
Praclic8).
Company law requlres the trustees to prepare financial statements for each flnancial year whlch glve a true
and fair vlew of Ihe slale of affalrs of the charitable company and of the incoming resources and application
of resources, Includlng Ihe income and expendllure, of the charitable company for that year. In preparing
those financial ststements, the trustees are requlred to
select suitable accountlng pollcles and then apply Ihem conslstently;
observe Ihe methods and prlnclples In Ihè Charlly SORP.,
make judgements 8nd esllmates th81 are reasonable and prudent.,
prepare the financlal slalemenls on tho golng concern basls unless It Is Inappropriate to presume that
the charitable company wlll continue In business.
The truslee5 are rèsponslble for keeplng proper accounllng records which dlsclose wlth reasonable accuracy
at any time the financlal poslllon of the charitable company and to enable them to ensure that the flnancial
slatements comply wlth the Companies Act 2006. They are also responsible for safeguardlng the assots of
the charitable company and hence for taklng reasonable sleps for the preventlon and delecllon of fraud and
other Irregularities.
In so far as the trustees 8r8 aware..
there is no relevant accounting Information of whlch tha charllable companws 8ccountants are
unaware; and
the trustees have taken all steps that Ihey ought lo have taken to make Ihemselves aware of any
relevant Information and lo establish that the accountants are aware of that Informatlon.
Approved by order of th6 board of trustees on 16 December 2025 and slgned on ils behalf by:
Mr Manus Magulre, Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
GIRDWOOD COMMUNITY TRUST
I report on the accounts of the company for the year ended 31 March 2025, which are set out on pages
seven to sixteen.
Respective responslbilities of charity trustees and examiner
As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for
independent examination, it is my responsibilily to..
examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008 ("the Charities
Act)
follow the procedures laid down in the general Directions given by the Charity Commission for
Northern Ireland under Section 6519)(b} of the Charities Act
state whether particular matters have come to my attention.
Basis of the independent examiner's report
I have examined your charity accounts as required under section 65 of the Charities Act and my examination
was carried out in accordance with the general Directions given by the Charity Commission for Northern
Ireland under section 65{9)(b) of the Charities Act. The examination included a review of the accounting
records kept by the charity and a comparison of the accounts presented with those records. It also included
consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as
charity trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe..
That accounting records were not kept in accordance with section 386 of the Companies Act 2006
That the accounts do not accord with those accounting records
That the accounts do not comply with the accounting requirements of section 396 of the Companies
Act 2006 and with the methods and principles of the 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
That there is further information needed for a proper understanding of the accounts to be reached.
Independent examiner's statement
I can confirm that l am qualified to tjndertake the examination because l am a registered member of
Chartered Accountants Ireland which is one of the listed bodies.
I have completed my examination and have no concerns in respect of the matters (1) to {4} listed above and,
in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no
matters that require drawing to your attention.
Mr Seamus McLernon FCA
M.B.McGrady & Co
Chartered Accountants
Suite 2B
Cadogan House
322 Lisburn Road
Belfast
Co. Antrim
BT9 6GH
16 December 2025

GIRDWOOD COMMUNITY TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Restricted
Capital Total funds Total funds
Funds
Unrestricted Restricted
funds
funds
Notes
INCOME AND
ENDOWMENTS FROM
Donations and legacies
Charitable activities
Restricted
Investment income
Total
EXPENDITURE ON
Charitable activities
Restricted
Unrestricted
Total
NET
INCOMEI(EXPENDITURE)
RECONCILIATION OF
FUNDS
Total funds brought
forward
TOTAL FUNDS CARRIED
FORWARD

GIRDWOOD COMMUNITY TRUST
BALANCE SHEET
AT 31 MARCH 2025
2025
2024
Notes
FIXED ASSETS
Tangible assets
CURRENT ASSETS
Debtors
Cash at bank and in hand
CREDITORS
Amounts falling due within
one year
NET CURRENT
ASSETSI(LIABILITIES)
TOTAL ASSETS LESS
CURRENT LIABILITIES
CREDITORS
Amounts falling due after
more than one year
10
NET ASSETS
FUNDS
Unrestricted funds
Restricted funds
12
TOTAL FUNDS

GIRDWOOD COMMUNITY TRUST (N1632080}
BALANCE SHEET- CONTINUED
AT 31 MARCH 2025
The charitable company Is entitled to exemption from audit under Seotlon 477 of the Companies A¢t 2006 for
the year ended 31 March 2025.
The members have not requlred the company to obtain an audil of Its financlal statamenls for the year end8d
31 March 2025 in accordance with Secllon 476 of the Companles Act 2006.
The trustees acknowledge their responslbllllles for
(a) ensurlng that the charilablè company keeps accounting records that comply wlth Sections 386 and
387 ofthe Companies Act 2006 and
(b) preparing flnanclal statements whlch givg a true and falr view of the state of affalrs of the charllable
company as al the end of each fin8nclal year and of ils surplus or dèflcll for each financial year In
accordance with the requirements of Sections 394 and 395 and which otherwise comply wlth the
requlrements of the Companles Act 2006 relating to financial statements, so far a5 applicable to the
charitable company.
These flnancl81 stalem8nts have been prepared In accordance wlth the speclal provislons of Part 15 of the
Companles Act 2006 relallng to charllable small companles.
The financlal statements were approved by the Board of Trus18es on 16 December 2025 and were signed on
Ils behalf by:
Mr Manus Magulrè -Trustee

GIRDWOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES
Basis of preparation
The financial statements of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP (FRS 102) '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 2015),, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements
have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the
funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all cost
related to the category. Where costs cannot be directly attributed to particular headings they have
been allocated to activities on a basis consistent with the use of resources.
Fixed assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over
the useful economic life of that asset as follows..
Buildings - 2 % Straight line
Plant & Machinery - 200/0 Reducing balance
Fixtures & Fittings - 20 % Reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds are funds of the charity consisting of a General Fund which is expendable at the
discretion of the trustees in furtherance of the charitable objectives of the charity and which has been
designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the charity for a particular purposes. The cost of raising and
administering such funds are charged against the specific fund.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight
line basis over the year of the lease.
10

GIRDWOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
INVESTMENT INCOME
2025
2024
Deposit account interest
NET INCOMEI{EXPENDITURE)
Net incomel{expendilurel is stated after chargingl(crediling):
2025
2024
Depreciation - owned assels
Olher operating lease5
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended
31 March 2024.
Trustees, expenses
There were no Iruslees, expenses paid for the year ended 31 March 2025 nor for Ihe year ended 31 March 2024.
STAFF COSTS
The average monthly number of employees during the yearwas as follows:
2025
2024
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Restricted
Restricted Capital Funds
funds
Unrestricted
funds
Total funds
INCOME AND ENDOWMENTS
FROM
Donations and legacies
Charitable activlties
Reslricted
Investment income
Total

GIRDWOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued
Restricted
Capltal Total funds
Funds
Unrestricted Restricted
funds
funds
EXPENDITURE ON
Charitable activities
Restricted
Unrestricted
Total
NET INCOMEI{EXPENDITURE)
RECONCILIATION OF
FUNDS
Total funds brought for4vard
TOTAL FUNDS CARRIED FORWARD
12

GIRDWOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
TANGIBLE FIXED ASSETS
Long
leasehold
Plant and Fixtures and
Machlnery
fittings
COST
Al 1 April 2024
Additions
At 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade debtors
Prepayments 8nd accrued income

GIRDWOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade creditors
Other creditors
Accruals and deferred income
10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025
2024
Bank loans
11. ANALYSIS OF NET ASSETS BETWEEN FUNDS
2025
2024
Restricted
Capital Total funds Total funds
Funds
Unrestricted
funds
Restricted
funds
Fixed assets
Current assets
Current liabilities
Long term liabilities
14

GIRDWOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
12. MOVEMENT IN FUNDS
Net
movement
in funds At 31103124
At 114123
Unrestricted funds
General fund
Restricted funds
Restricted Capital Funds
TOTAL FUNDS
Comparatives for movement in funds
Net
movement
in funds At 31103123
At 114122
Unrestricted Funds
General fund
Restricted Funds
Restricted Capital Funds
TOTAL FUNDS
A current year 12 months and prior year combined position is as follows..
Net
movement
in funds At 31103125
At 114123
Unrestricted funds
General fund
Restricted funds
Restricted Capital Funds
TOTAL FUNDS

GIRDWOOD COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
13. RELATED PARTY DISCLOSURES
During the year to 31 March 2025 there were no related party transactions to disclose.
14. COMPANY LIMITED BY GUARANTEE
The Company is limited by guarantee and has no share capital. In the event of a winding-up each
member undertakes to contribute such an amount, as may be required for the payment of liabilities,
not exceeding £1.
15. KEY MANAGEMENT PERSONNEL
Key management personnel include all persons that have authority and responsibility for planning,
directing and controlling the activities of the charity.
16