Black Mountain Shared Space
IA company limited by guarantee, not having a Share capilall
STATEMENT OF FINANCIAL ACTIVITIES
Ilncorporating an Income and Expenditure Account)
for the financial year ended 30 April 2023
Unrestrtcted Rostricted
Funds
Funds
2023
2023
Total Unrestricted Restricted
Funds
Funds
Funds
2023
2022
2022
Total
Funds
2022
Notes
Income
Donations and legacies
Investments
861
13
289,316
290,177
13
5,210
11
302,889
308,099
11
Total Incom•
874
289,316
290,190
5,221
302.889
308,110
Expenditure
Charitabl8 a¢tivilie$
Other 8xp&nditur8
32,303
2,456
301,718
334,021
2,456
3,241
4.208
311,310
314,551
4,208
Total Expendlture
34,759
301,718
336.477
7,449
311,310
318,759
Net Incomel(expenditure)
133,8851 (12,402) 146,287)
12,228)
18,421) {10,6491
Transfers belween funds
Net movement In funds for
tha flnanclal year
(33,885) 112,4021 {46,2871
12,228)
(8,4211 110,649)
Reconclllatlon of funds:
Total funds beginning of the
year
12
26.755
109,697
136,452
28.983
118,118
147,101
Total funds at the end of
the year
17,1301
97,295
90,165
26,755
109,697
138,452
The Statement of Flnancial Actfvlties Includes all gains and losse8 recognlsed in th8 finan¢lal year.
All income and expenditure relate to continuing actlvities.
The note5 on pages 9 to 13 form part of the flnBncial slalements

Black Mountain Shared Space
IA company limited by guarantee, not having a share capitsll
Company Number= N1645295
BALANCE SHEET
as a130 April 2023
2023
2022
Notes
Flxed As$ets
Tangible assets
7,811
8,937
Current Assets
Cash at bank and in hand
84.416
131,774
Crodltors: Amounts falling du¢ wlthln one year
10
(2,062)
14,259)
Net Current Assets
82,354
127,515
Total Assats less Current Liabilltlos
90,165
136,452
Funds
Restricted trust funds
General fund lunrestricted}
97,295
17,130)
109,697
26,755
Total funds
12
90,165
136,452
These linanclal slalements have been prep8r8d in accordance with the special provisions relating to small companle5
wilhln Part 15 of Ihe Companies Act 2006.
For the flnancl81 year &nded 30 April 2023 Ihg charity was enlltled to exemption from audlt under section 477 of the
Companies Act 2006., 8nd no notlce has been d8poslted under socllon 476.
The dlre¢tors wnfSrm that the members have nol requlred Ihe company to obtsln an audll of its financSal statgments
for the flnan¢ig1 year in question in aGcordance with section 476 of thts Companies Act 2006.
The dlreclors acknow16dg& thelr responslbi1￿leS for 8nsurlng that the charlty keèps accounting records whlch comply
with s&ction 386 and for proparing financial statements whlch give a true and falr view of the stale of affairs of the
charlty as al the end of Ihg financial ye8r and of Ils profit and loss for the financial year in accordance with the
requirements of sections 394 and 395 and whiGh olherwlse comply wit'h the requlremonls of the Companles Act 2006
relating lo financlal statements, so far a5 applicable lo the charity.
The financial statements have been prepared in accordance with the provisions applicable lo comp8ni6s subject to
tho small companies, reglme and In accordance wSlh FRS 102 'The Flnanclal Rgportlng Standard appllcable in the UK
and RepublSc of Ireland" applying Section 1A of that Standard.
Approved by the Board of Dlro¢tors and authorlsed for18$uo on 6 February 2024 and slgned on its behalf by
steven Corr
Dlrgctor
Paul Mll
Director
ar
The notes on pages 910 13 fomi part of the financial statements

Black Mountain Shared Space
IA company limited by guarantee, not having a share capltall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 April 2023
GENERAL INFORMATION
Black Mounlaln Shared Space is a company 1Smlted by guarantee Incorporatsd In Northern Ireland. The
registered office of the company is which is also the principal place of business of the company. The
financial statements have been presented In Pound {£) which is also the functional ¢UJTency of Ihe company.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following accounting policies have been applied conslslenlly in deallng with items which are considored
material in relation to tho charity's financial statements.
Basss of preparatlon
The financial statem8nts have been prepared on the going concern basis under the historical cost convention,
mi)dSfied lo include certaln items at fair value. The flnan(ial statements have boen prepared in ac¢ordanc8
with the Statem6nt of R8commended Practice ISORPI "Accounting and Reporting by Charities preparing Ihelr
accounts In accordance with the Flnancial Reporting Standard appllcabl8 In the UK and Republic of I￿land
FRS 102" applylng Sectlon 1A of that Standard.
AS permitted by the Companles Act 2006, the charlty has varlod the standard form8ts in that act for the
Statement of Financlal Activities and the Balance Sheet. Departures from the stsndard formats are to comply
with the requirem6nts of the Charlties SORP and are in compliance with seGtSon 4.7, 10.6 and 15.2 of that
SORP.
statement of compllance
The fSftanclal statements of the charity for the Ilnancial year 8nded 31 D8cemb8r 2017 hav& been p￿pared on
the going concern basi5 and in accoidance with the Slat6ment of Recommended Practic& ISORPI
"Accounllng and Reporting by Charities preparing their accounts in accordance with the Financlal Reporting
Standard appli¢able in the UK and Republic of Ireland FRS 102" applying Section 1A of Ihat Standard.
Fund accountlng
Th8 following 8re the cat8goris8s of funds maSntslned:
Re$trl¢ted funds
Restricted funds represent Income rec6ived which can only be used for partlcular purposes, as specifled by
the donors. Such purpose8 ar8 Wlthin the overall objectives of the charlty.
Unrestrfcted funds
Unrestricted funds conslst of General and Designated funds.
General lunds represent amounts which are expendable al the discrollon of tho board, In furtherance of the
objectives of the Gharity.
Designated funds comprise unrestricted funds that the board has, al its discretion, 881 aside for partlcular
purposes. These designatlons hav6 an adminislralive purpose only, and do not legally r85tri¢t the board's
discretion to apply the fund.
Incomo
Voluntary income or capital Is Included in the Statement of Flnancial Aclivlli8s when the charity Is 18gally
entllled to it, its financial value can be quantified with reasonable Gertainty and there is reasonable Certainty of
Its ultimate reGelpt. Entitlement lo legacies Is ￿nsIdered established when the charity has been notified of
distribulion to be made by th8 executors. Income received in advance of duo performance under a contract Is
accounlod for as deferred income until earned. Grants for actlvities arè recognised as income when the
related conditions for legal entitlement have been met. Atl other income is accounted for on an accruals basls.
Expenditure
All resources expended are accounted for on an accnjals basis. Charitable activities Snclude costs of servlces
8nd grants, support Costs and depreciation on related assets. Costs of generating fijnds slmilarly include
lundraising activities. Non-staff costs not attributed lo one category of activity are allocated or apportioned
pro-rala lo the staffing of tha relevant servi¢e. Finance, HR, IT and adminislralive staff costs are directly
attribulable to individual activities by objective. Governance costs are those associated wlth constitutional and
statutory requirements.

Black Mountain Shared Space
IA company limited by guarantee. not having a sharo eapitall
NOTES TO THE FINANCIAL STATEMENTS
continued
for the linancial year ended 30 April 2023
Tangible fixod assets and d¢preciatlon
Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to
depreciation 15 calculated lo write off the original cost or valuation of tangible fixed assets, less their estimated
residual value, over their expected useful lives as follows:
Fixtures. fittings and aqulpment
Motor vehicles
15010 Reducing balance
25Yo Reducing balance
Cash at bank and In hand
Cash at bank and in hand comprlses cash on deposit al banks requiring less than three months notlce ot
wilhdrawal.
Taxation
No curfenl or deferred taxatlon arises as Ihe charity has been granted oharilable exemption.
INCOME
DONATIONS AND LEGACIES
Unr•$trlcted Restrlcted
Funds
Fund$
2023
2022
Grants Re￿1vable
Voluntary Income
289,316
289,316
861
302.889
5,210
861
861
289,316
290,177
308,099
INVESTMENTS
Unrè8trlct8d Restricted
Funds
Fund$
2023
2022
Investmen15
13
13
EXPENDITURE
CHARITABLE ACTIVITIES
Dlrect
Costs
Other
Costs
Support
Costs
2023
2022
Expenditure on charitable a¢tlvltes
Governanc& Costs (Note 4.31
285,714
285,714
48,307
288,297
26,254
48,307
285,714
48,307
334,021
314,551
OTHER EXPENDITURE
Dlrgct
Costs
Oth•r
Costs
Support
Costs
2023
2022
Olher expenditur6
2,456
2,456
4,208
GOVERNANCE COSTS
Direct
Costs
other
Costs
Support
Costs
2023
2022
Charitable aclivitles - governance
costs
48,307
48,307
26,254
10

Black Mountain Shared Space
IA company limited by guarantee, not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
continued
for the financial year ended 30 April 2023
SUPPORT COSTS
Govemanco
Costs
2023
2022
Governance
Support
1,560
46,747
1,560
46,747
2,200
22.854
48,307
48,307
25,054
ANALYSIS OF SUPPORT COSTS
2023
2022
Gov8rnan¢e
Support
1,560
46,747
2,200
22,854
48.307
25,054
NET INCOME
2023
2022
Net Income Is stated aftar charglngllcreditlng):
Depreciation of tanglble assets
2,291
4,130
INVESTMENT AND OTHER INCOME
2023
2022
Bank Interest
13
11
EMPLOYEES AND REMUNERATION
The staff ¢osls ¢omprise'.
2023
2022
Wages and salarfes
159,905
155,105
TANGIBLE FIXED ASSETS
Flxtures,
flttlngs and
equlpment
Motor
vehlGleo
Totsl
Cost
At 1 May 2022
Additions
1,697
1,165
15,500
17,197
1,165
At 30 April 2023
2,862
15,500
18,3e2
Depreclatlon
Al 1 May 2022
Charge for the financial year
510
353
7,750
1,938
8,260
2,291
At 30 April 2023
863
9,688
10,551
Net book value
At 30 April 2023
1,999
5,812
7,811
At 30 April 2022
1,187
7,750
8,937
11

Black Mountain Shared Space
IA company limited by guarantee, not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
continued
for the finanGial year ended 30 April 2023
10.
CREDITORS
Amounts falling due wlthln ong yoar
2023
2022
Taxation and social security costs
Ac￿UalS and deferred in¢ome
262
1.800
2,459
1,800
2,062
4,259
11.
RESERVES
2023
2022
At Ihe beglnning of th8 year
Deficit for th8 financial year
136,452
(46,2871
147,101
110,649}
Al the end of the year
90,165
136,452
12.
FUNDS
12.1 RECONCILIATION OF MOVEMENT IN FUNDS
UnrestrlGted Rastrictod
Funds
Funds
Total
Funds
At l May 2021
Movement durlng the flnancial year
28,983
12,228}
118,118
(8.4211
147,101
110,649)
At 30 April 2022
Movement during the financial year
26,755
133,885)
109,697
112,4021
136,452
{46,2871
Al 30 April 2023
17,130)
97,295
90,165
12.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
1May
2022
Income Expendituro
Transfers
between
fvnds
Balance
30 April
2023
Restrfcted funds
Regtricled
Belfast City Councll
IFI Grant Funding
Communily Foundation
Awards for All
Ireland Fund
IFI Advanced Fundlng
PortlCU8
Other Grants
DOJ & DOJ Christmas Markel
1193,192)
12,397
137,138
7,500
3,810
8,699
130,433
8,790
10,150
8,697
43,047
60,000
10,690
5.000
301.718
{491,100}
21,096
267,571
16,290
10,150
9,193
85.905
160.000
10,690
7,500
496
42,858
100,000
2,500
109,697
289,316
301,718
97,295
Unrestricted fund$
Unreslricled General
26,755
874
34,759
(7.1301
Total funds
136,452
290,190
336,477
90,165
12

Black Mountain Shared Space
IA company limited by guarantee. not having a sharè eapitall
NOTES TO THE FINANCIAL STATEMENTS
continued
for the financial year ond8d 30 April 2023
12.3 ANALYSIS OF NET ASSETS BY FUND
Fixed
assets
- ¢harlty use
Current
assets
Current
liablllties
Total
Restrlded trust funds
13,067
16,314
{262)
29,119
Unrestricted general funds
(5,256)
68,102
(1,800)
61,046
7,811
84,416
(2,062)
90,165
13.
8TATU8
The charlty Is limited by guarante8 not having a share caplt81.
The Ilability of the members 18 limited.
Every member of the company undertakes to ¢ontribu18 to the assets of the company in the event of its being
wound up while they are m8mb8rs, or within one year thereafter, for the payment of th8 debts and liabillties of
the company contracted befor& they ceased to be members, and the Costs, chalges and 8xpense5 of winding
up, and for the adjustment of the rights of the contributors among Ihemselv8s, such amount as may be
required, not exceeding £ l.
14.
POST4ALANCE SHEET EVENTS
There have been no $igniflGant events affacllng the CharSty slnce the financlal year-8nd.
13

BLACK MOUNTAIN SHARED SPACE
IA company limlted by guarante&. not having a share capltall
SUPPLEMENTARY INFORMATION
RELATI
THE FINANCIAL ST
TEMENTS
R THE FINANCIAL YEAR ENDED 30 APRIL 202
14

Black Mountain Shared Space
{A company limited by guarantee, not having a share capltsll
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS
Operating Slalement
for the linancial year ended 30 April 2023
2023
2022
Income
290,177
308,099
Expense5
Wages and salaries
staff Iralning
Sums paid lo Ihird parties
Consultations
Programme Costs
Rent payable
Insuran
Cleanlng
Repalls and maintenance
Printing, postage and stationery
Advertising and markoling
Telephone
Computer Costs
Minibus expenses
A¢¢ountanGy
Bank charges
General exp8nses
Depiecialion
159,905
3,545
22,064
51,484
52,261
12,459
1,897
1,200
1,593
1,404
18,330
155,105
1,000
31,485
101,707
14,270
2,486
1,200
731
1,801
435
917
1,214
2,200
78
1,292
1,449
1,560
165
3,578
2,291
4,130
336.477
318,759
Mlscellaneous Income
Bank interest
13
Not dofl¢lt
(46,2871
{10,6491
The supplementary information does not form part of the financial statements
15