REGISTERED COMPANY NUMBER: N1652507 (Northern Ireland)
REGISTERED CHARITY NUMBER: 107683
Report of the Trustees and
Financial Statements
FOR YEAR ENDED
31 December 2023
for
ROAR AND EXPLORE DAIRY FARM LTD
M.B.Mc Grady & Co
Chartered A¢countants
Statutory Auditors
Rathmore House
52 St Patricks Avenue
DowTrpatrick
Co. Down
BT30 6DS

ROAR AND EXPLORE DAIRY FARM LTD
Contents of the Financial Statements
FOR TILE YEAR ENDED 31 DECEMBER 2023
Page
Report of the Trustees
Report of the Kndependellt Auditors
Statement of Financial Activities
Balance Sheet
io
Cash Flow Statement
Notes to the Cash Flow Statement
12
Notes to the Financial Statements
13 to 19

ROAR AND EXPLORE DAIRY FARM LTD
Report of the Trustees
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with
the financial statements of the charity for the year ended 31 December 2023. The INstees have adopted the provisions of
Accounting and Reporting by Charities: Statement of Recommended Pra¢ti¢e applicabl¢ to charities preparing their
ac¢ounts In ac¢ordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effecltve l January 2019).
OBJECTIVES AND ACTIVITIES
Obj¢etive$ and aims
The Charity's objects are to provide facilities for the inhabitants of the BelfastrLisburn region without distinction of sex,
sexual orientation, age, race, abilities, or political or religious opinion5. including facilities for children's play and
recreation, family and Community events. meetings, classes and other fom)s of recreation and leisure-time occupation,
with the object of improving the conditions of life for the said inhabitants.
Public benefit
The tnjslees have read and had regard lo the Northern Ireland Charity Comrnission's statutory guidance on Public
benefit.
ACHIEVEMENT AND PERFORMANCE
CharRtable aetlvltles
In the year, w¢ further developed our social enterprise. We updated the soft play playframe and the facilities of Last
Level party and gaming room. We also converted a vacant space at the same premises to become a Morellis Ice Cream
sit in parlour and safe space, to compliment the new local Colin Park inittative.
Roar and Explore provide free ¢ducational activities every Monday lo Thursday, which are available to all children on
the premises. These aclivilies are learning through arts and Crafts (Colin's crafts), leaming through ¢ooking and baking
(Ellie's Eats), leaming through stories. singing and dancing (Rami's Rhymes) and learning through sensory play (Tilly's
Twists). These sessions 5 days per week, 5 s¢ssÈons per day. with an av¢rage of10 kids per session. This equates to
approximately 12,000 children benefiting from these educational activities from January to Dec¢mber 2023.
Every moming w¢ provide a discounted toddler morning enty rate and free toast and juice for all the children. This
ensures the children are provided with something to eat and drink plus it encourages their parents to bring them out of
the house to so¢ializ¢ and play with other children of a similar age. Approximately 6000 children benefited from this.
We offer a heavily discounted child minder entry Tate, as we know that being a childmindcr can be quit¢ a lonely forni of
work. We have 125 ¢hildminders registered on this scheme, of which many are exlrernely regular users. It gives them an
opportunity to get out of the house, in a safe envlronment for the kids in their care to play, whilst they socialise and meet
up with liken)inded people. The were approximately 5000 children visits frotn this scheme. giving them the opportunity
to mix and develop social skills with other children whilst learning through play. plus getting valuable exercise.
We also offer discount 2 for I discount for Perks card holders Iprimarily for Blue light s¢rvices) which was availed of
approximately 1400 times, free birthday passes to birthday children from which 712 children benefited and free enty for
staff children which was used 300 times.
We provide a heavily discounted entry rate for nurseries, schools, and Clubs. This was availed of 115 times. The children
that come with these nurseries. schools and clubs are also provided with free toast and juice, from which over 2300
children benefited.
We also provide free parties Iplay, juice, hot meal and dessert) through various competitions and in support of local
community groups and clubs. 250 benefited from this. in addition to over 500 free passes which were also provided to
local community groups. clubs and fundraisers.
We supported a number of local sports Clubs. providing them with high quality football kits and free passes - including
Andersonstown Community Football Club.. Lisburn Distillery Football Club and St Johns GAC.

ROAR AND EXPLORE DAIRY FARM LTD
Report of the Trustee5
FOR THE YEAR ENDED 31 DECEMBER 2023
FINANCIAL REVIEW
Finaiicial position
The Statement of Financial Activities for the year ended 31 December 2023 and Balance Sheet as at that date are shown
in the attached financial statements.
Iiicome from charitable activities for the year to 31 December 2023 is £626,254 (2022: £537,479) which is up £88,775
on the previous year. The charity gratefully received a grant from its parent company of £5,718. Total expenditure for
the year is £624,406 (2022:£559,361) which is up £65,045 on th¢ previous year. Nei profit for the year was £7,566
compared to net loss of £6,444 for the previous yeay.
The Statement of Financial Position remains healthy with Net Assets of £129,939 of ,which all r¢lales to unrestricted
funds.
Reserves policy
Tlie Board of Trustees has established a policy whei'eby the Unr¢stri¢ted Funds not committed or invested in tangible
fixed assets for charity use ('the free reserves,) held by the Company should be between 3 and 6 months of the resources
expended. At this level, the Trustees feel that they would be able to continue the current activities of the company. In
the event of a significant drop in funding, it would obviously be necessary to consider how the ￿ndIng would be
replaced or activities changed.
FUTURE PLANS
The charity plans to continue to offer its various services to the people in the locality. During 2024, it is our intention to
develop a splat ball park aimed at local teenagers and young adults in the area.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Tlie charity is controlled by its goveining document. a deed of trust, and constitutes a limited Company, limited by
guarantee, as defined by the Companies Act 2006.
The company is governed by a Board of Trustee5 which operates as detailed in the company's governing do¢unient, the
Memorandum and Articles of Association. The Board meets between six and eight times per year. The subcommittee,
the audit committee, meet on a quarterly basis and the other committees meet as nec¢ssary. A chief executive is
appointed by the board to administer the day to day operations of the company and its subsidiaries.
To facilitate effective operations the Group chief executive, Mr Seamus O'Prey has delegated authority approved by the
trustees for operational matters such as finance, employment and the delivery of its charitable objectives.
Recruitment and appointment of neiv truste¢s
Due to the nature of tlie charitys work the trustees seek to ensure that these needs are appropriately reflected through the
div¢rsity of the trustee body. To enhance the potential pool, trustees are requested to provide a list of their skills (and
update it each y¢ar) and in the event of particular skills lacking or being lost due to retirement, individuals are
approached to offei. themselves for election.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
N1652507 (Northern Ireland)
Registered Charity number
107683
Registered office
Ortus
155 Noithumberland Street
Belfast
BT13 2JF

ROAR AND EXPLORE DAIRY FARM LTD
Report of the Trustees
FOR THE YEAR KNDED 31 DECEMBER 2023
Reglstered offlce
Ortus
155 Northumberland Street
Belfast
BT13 2JF
Trustees
J Collins
N F Rooney
G Ward
Auditors
M.B.Mc Grady & Co
Chartered Accountanls
Sta￿tOry Auditors
Rathmore House
52 St Patricks Avenue
Downpatrick
Co. Down
BT30 6DS
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees (who are also the directors of Roar and Explore Dairy Farm Ltd for the purposes of company law) are
responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and
Uniled Kingdom A¢¢ounling Standards (United Kingdom Generally Accepted Accounting Practice) including Financial
Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"
Company law require5 the trustees to prepare financial slalements for each fmancial year which give a true and fair view
of the state of affairs of the charitable Company and of the in¢oming resources and application of resources, including
the income and expendI￿re, of the charilable company for that period. In preparlng tbose f￿ancial statements, the
trnstees are required to
select suitable accounting policies and then apply them consistently.
observe the methods and principl¢s in the Charity SORP.
make judgements and estimates thal are reasonable aftd prudent.
prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charitable
company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time
the financial position of the charitable company and io enable them to ensure that the financial statements Comply with
the Companies Act 2006. They are also responsible for safeguarding Ibe assets of the charitable company and hence for
taking reasonable steps for the prevention and detection of fraud and other trregularities.
In so far as the trnstees are aware..
there is no relevant audit infornialion of which the charitable company's auditors are unaware- and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit
infommtion and to establish that the auditors are aware of that informalion.
AUDITORS
The auditors, M.B.Mc Grady & Co. WAII be proposed for re-appointment al the forthcoming Annual General M¢¢ting.

ROAR AND EXPLORE DAIRY FARM LTD
Report of the Truslees
FOR THE YEAR ENDED 31 DECEMBER 2023
This report has been prepared in accordance with the special provisions of Part 15 of th¢ Compatiies Act 2006 relating
to small companies.
Approved by order of the board of trustees on 20 June 2024 and signed on its behalf by..
J Collins - Tn￿te¢

Report of the Independent Audltors to the Trustees and Member5 of
Roar and Explore Dalry Farm Ltd
Opinlon
We have audited the financxal statements of Roar and Explore Dairy FaTm Ltd (the '¢harAtable compan￿) for the year
ended 31 December 2023 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow
Statement and notes to the financial statements, in¢luding a swnmary of significant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards (United Kingdom Generally A¢¢epted Accounting Practice), including Financial Reporting Standard 102 The
Financial Reporting Standard applicable in the UK and Republic of Ireland,.
In our opinion the financial statements:
give a true and fair view of the slate of the charitable companYs affairs as at 31 December 2023 and of its incoming
resources and appltcation of resources, ineluding ils income and expenditure, for the year then ended.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, in¢luding
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,.
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS {UK)) and applicable law.
Our r¢sponsibAlities under those standards are further described in the Auditors, responsibilities for the audit of the
financial statements seclion of our rq)orl. We are independent of the charitable company in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard,
and we have fulfilled our other ethical responsibilities in accordance with these requirements. We bel&¢ve that the audit
evidence we have obtained is sutTicient and appropriat¢ to provide a basis for our opinion.
Conclusions relatlng to going concern
In auditing the finaThcial statements, we have concluded that th¢ trustees, use of the going concern basis of accounting in
the preparation of the financial statements is appropriate.
Based on tbe work we have performed, we have not identified any material un¢ertainties relatlng to events or conditions
that. xndtvidually or collectively, may cast Si8nifLcant doubt on the charitable compangs ability to ¢ontinue as a gotng
concern for a period of at least twelve months from when the fmancial statemenls are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant
sections of this report.
Other informatlon
The trnstees are responsible for the other inforniation. The other infornMtion comprises the inforniation included in the
Annual Report, other than the flnancial statements and our Report of th¢ Independent Auditors thereon.
Our opinion on the fAnan¢ial statements does not Cover the other infonnation and, except to the extent otherwise
explicitly stated in our report, w¢ do not express any form of assurance ¢on¢lusion thereon.
In connection with our audit of the financial statements. our responsibility is to read the other information and, in doing
so, Consider whether the other information is materially inconsistent with the financial statements or our knowledge
obtained in the audit or othenvise appears to be materially misstaled. If we identify such material inconsistencies or
apparent material rnisslatements, we are required to detem)ine whether this gives rise to a material misstatement in the
financial statements th¢ms¢lves. If, based on th¢ work we have perfornied, we conclude that there is a material
misstatement of this other infom)ation. w¢ are required to report that fact. We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the infonnation given in the Report of the Trustees for th¢ financial year for which the financial statements are
prepared is consistent with the finan¢ial statements; and
the Report of the Tn￿teeS has been prepared in accordance with applicable legal r¢quirements.

Report of the Independent Auditors to the Trustees and Memb¢r$ of
Roar and Explore Dairy Farm Ltd
MA¢ters on which we are requlred to report by exeeptfion
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of
the audit, we have not identified material misstatements in the Report of the Trustees.
We have nothing to report in respect of the following matters where the Companies Act 2006 requlres us to report to you
if, in our opinion:
adequate accounting records have not been kept or returns adequate for our audit have not been received from
branches not visited by us. or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustees, remuneration specified by law are not made. or
we have not received all the infonnation and explanations we require for our audit. or
the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepa￿ a
Strategic Report or in preparing the Report of the Trust¢¢s.
Respon$ibilitles of trustees
As explained more fully in the Statement of T￿￿tees, Responsibilities, the trustees (who are also the directors of the
charitable company for the purposes of company law) are responsible for the preparation of the financial statements and
for being satisfi¢d that they give a true and fair vtew. and for such itttemal Control as the trustees detem]ine is necessary
to enable the preparation of financial statements that are free from material misstatement, wh¢th¢r due to fraud or error.
In preparing the financial slatemenls, the trustees are responsible for assessing the charitable company's ability to
continue as a going concern, disclosing, as applicable, matters relaled to going concern and using the going concem
basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have
no realisti¢ alternative but to do so.

Report ofthe llldtpendent Audltors to the Trustees and Member8 of
Roar and Explore Dalry Farm Ltd
Our respon$lblllties for the audit of the Ilnan¢lal stAtements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our
opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in accordance
with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error
and are considered material if. individually or in the aggregate, they could reasonably be expected to influence the
economic de¢isions of users taken on the basis of these financial ststements.
The extent to which our procedures are Capable of detecting irregularities, including fraud is detailed below..
The following are required to be Considered..
- the nature of the industy and sector, control environment and entity perforn)ance'
results of our enquir¢s of management, about their own identification and assessment of the risks of irregularities.
review of company policies and procedures relating to..
identifying, evaluation and complying with laws and regulations and whether they are aware of instances of
noncompliance.
detecting and responding to the risks of fraud and whether they have any knowledge of aThy actual, suspected or alleged
the int¢mal controls established to mitigate risks of fraud or non-compliance with laws and regulation5'
the matters discussed among the audit engagement team and specific component audit teams regarding how and where
fraud might occur in the financial statements and any potential indicators of fraud.
Because of these procedures, we considered the opportunities and incentives that may exist within the organisalion for
fraud and identified the greatest potential for fraud is in relation to completeness of incomes, expenditure not being
applied in line with intended pury>oses and the calculation and payment of salaries. In common with all audits under
ISAS (UK), we are also required to p¢rfornL specific procedures to respond to th¢ risk of management override.
Audit response to risks identifi¢d.
The current audit is conducted with professional scepticism using procedures that are in a¢¢ordance with International
Standards on Auditing.
In responding to the identified key audit matters above we obtsined an understanding of the charity's obj¢cliv¢s and
income streams together with the salary calculation and processing proc¢ss, we perfornled enquires of management and
insp¢¢t¢d relevant documents and calculations, verifying incomes and expenditures, assessing the Completeness and
accuracy of disclosures withtn the financial statements and con¢urred the figures were materially accurate.
In addition to the above, our procedures to respond to risks identified include the following:
reviewing the full financial statement disclosures and testing to supporting documentation to assess complian¢e with
provisions of relevant laws and regulations described as having a direct effe¢t on the financial slalements.
- enquiring of management concerns of actual and potential litigation and claims.
- performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material
misslatemenl due to fraud.
- reading minutes of meetings of thos¢ charged with governance. and
in addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries
and other adjustments. assessing whether the judgements made in making accounting estimates are indicative of a
potential bias. and evaluating the business rationale of any significant transactions ihat are unusual or outside the nornial
course of busines5.
We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team
members and significant component audit teams, and remained alert lo any indications of fraud or noncompliance with
laws and regulations throughout the audit.
A further description of our responsibiltties for ihe audit of the financial slalements is located on the Financial Reporting
Council's website at www.frc.org.uklauditorsr¢sponsibiliti¢s. This description forms part of our Reporl of the
Independent Auditors.

Report of the Independent Auditors to the Trustees and Members of
Roar #lld Explore Dalry Farm Ltd
Use of our report
This report is made solely to the charitable ¢ompany's members. as a body. in accordance with Chapter 3 of Part 16 of
the Companies Act 2006. Our audit work has been undertaken so that we might state to the charltable company's
members those matters we are required lo slate to them in an auditors, report and for no other purpose. To the fullest
extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the
charitsble company's members as a body, for ow audit work. for this r¢port. or for the opinions we have fonned.
Malachy
dy(S
lor Sta
for and on b
f ofM.B.Mc
Chartered Accountants
Statutory Auditors
Rathmore House
52 St Patricks Avenue
Downpatrick
Co. Down
BT30 6DS
lo
uditoi)
21 June 2024

ROAR AND EXPLORE DAIRY FARM LTD
Statement of Financial Activities
FOR THE YEAR ENDED 31 DECEMBER 2023
31112123
Unrestricted
lund
31112122
Total
funds
Note5
INCOME ATr4D EIYDOWMENTS FROM
Charitable activitie5
Chartitabl¢ activiti¢s
626,254
537,479
Other trading activities
5,718
15,438
Total
631,972
552,917
EXPEIYDITUKE ON
Charltable actlvitles
Chartilable activities
624,406
559,361
NET INCOMEI(EXPENDITURE)
7,566
(6,444)
RECONCILIATION OF FUNDS
Total funds brought forward
122J73
128.817
TOTAL FUNDS CARiiIED FORWARD
129,939
122,373
The noles fonn part of these financial statements

ROAR AND EXPLORE DAIRY FARM LTD
Balanee Sheet
31 DECEMBER 2023
31112123
Unre$trl¢ted
fund
31112122
Total
funds
Iyotes
FIXED ASSETS
Tangible ass¢ls
io
115,157
114,634
CURRENT ASSETS
Sto¢ks
Debtors
Cath at bank
5,000
7,954
76,011
2,300
3,803
133,596
12
88,965
139,699
CREDITORS
Amounts falling due within one year
13
(56,732)
(104,742)
NET CURRENT ASSETS
32,233
34.957
TOTAL ASSETS LESS CURRENT
LIABILITIES
147,390
149,591
CREDITORS
Amounts falling due after more than one year
14
(17,451)
(27,218)
IYET ASSETS
129,939
122,373
FUNDS
Unrestricted fiinds
16
129939
122,373
TOTAL FUNDS
129,939
122,373
These financial statements have been prepared in accordance with the provisions applicable to Charitable Companies
subject lo the small companies regime.
The finan¢i81 statements were approved by the Board of Trustees and authorised for issue on 20 June 2024 and were
signed on ils behalf by:
J Collins- Trnstee
The notes forni part of these financial statements
io

ROAR AND EXPLORE DAIRY FARM LTD
Cash Floiv Statement
FOR THK YEAR ENDED 31 DECEMBER 2023
31112123
31112122
Notes
Cash floiv5 from operatftng actlvltles
Cash generated from operations
Inter¢st paid
(35,580)
(877)
(20,377)
(990)
Net cash used in operatlng activities
(36,457)
(21,367)
Cash floivs from inves¢ing activlties
Purchase of tangible fixed assets
{10,200)
Net Cash (used in)/provided by investing activities
{10,200)
Cash flows from finan¢ing A¢tlvltles
Loan repayments in year
{9,768)
(9,654)
Net cash used in financing a¢tivities
{9,768)
(9.654)
Change in cash and e#$h equlvalents in
the reportlng perlod
Cash and cash equivalents at the
beginning of the reporting period
{56,425)
(31,021)
131,960
162.981
Cash and cash equivalents at the end of
the repor¢ing period
75,535
131,960
The noles form part of these financial statements

ROAR AND EXPLORE DAIRY FARM LTD
Notes to the Cash Flow StAtement
FOR THE YEAR ENDED 31 DECKMBER 2023
REI CONCILIATION OF NET INCOMEI(EXPENDITURE) TO NET CASH FLOW FROM
OPERATING ACTIVITIES
31112123
31112122
Net Incomel{expenditure) for the reporting period (as per the
Statement of Vlnanclal Activities)
Adjustments for:
Depreciation charges
Interest paid
Increase in stocks
Increase in debtors
Decrease in creditors
7,566
(6,444)
9,678
877
(2,700)
(4,151)
(46,850)
19.355
990
(3,238)
(31,040)
Net cash used in operatloll$
(35,580)
(20.377)
ANALYSIS OF CASH AND CASH EQUIVALENTS
31112123
31112122
Notice deposits (less than 3 months)
Overdrafts included in bank loans and overdrafts falling due within one year
76,011
(476)
133.596
{1,636)
Totsl cash and cash equivalents
75,535
131,960
ANALYSIS OF CHANGES IN NET FUNDS
At 111123
Cash flow
At 31112123
Net cash
Cash at bank
Bank overdraft
133596
(1,636)
(57,585)
1,160
76,011
(476}
131,960
(56,425)
75,535
Debt
Debts falling due within l year
Debts falling due after l year
{io,000)
{27,218)
{io,000)
(17,451)
9,767
(37,218)
9,767
(27,451)
Total
94,742
(46,658)
48,084
The notes forni part of these financial ststements
12

ROAR AND EXPLORE DAIRY FARM LTD
Notes to the Finanel#l StAt¢ments
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICIES
Ba$1$ of preparfing the financial stAt¢ments
The financial statements of the charitable company, which is a public benefit enlity under FRS 102, have been
pr¢pared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement
of Recommended Practice applicable to ¢harilies preparlng their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),,
FÉnancial Reporting Standard 102 'The Financial Reporting Standard 8ppli¢able in the UK and Republic of
Ireland, and the Companies Act 2006. The financial slalements have been prepar￿ under the historical cosl
convention.
Income
All income As recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it
ts probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recogT>ised 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 ￿lIablY. Expenditure is accounted for on an accruals basis and has
been classified under headings that aggregate all cost related to the category. Where cosls cannot be directly
attributed to particular headings they have been allocated to activities on a basis consistent with the use of
resources.
TaDgibl¢ fixed assets
Depreciation is provided &t the following annual rates in order to write off each asset over its estimated useful
life.
Plant and machinery
Fixtur¢s and fittings
IOO/o on cost
IOO/o on cost
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.
Taxation
The charity is exempt from cotporation lax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitsble objectives at the discretion of the Irustees.
Restricted fimds can only b¢ used for particular r¢strict¢d purposes within the objects of the charity. R¢strictions
arise when specifked by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial slatements.
Hlre purchase and le8slng commitments
Rentals paid under operating leases are charged to tbe Statement of Financial Activities on a straight line basis
over the period of the lease.
Pension costs and other post-retirement beneflts
The charitable company operates a defined contribution pension scheme. Contributions payable to the ¢haritable
company's pension scheme charged to the Statement of Financial Activities in the period to which they relate.
13
continued...

ROAR AND EXPLORE DAIRY FARM LTD
Notes to the Financial Stat¢ments - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2023
OTHER TRADING ACTIVITIES
31112123
31112122
Government Covid grants
Grants from parent company
10,000
5,438
5,718
5,718
15,438
INCOME FROM CHARITABLE AcfivITIES
31112123
31112122
Activity
Chartitsble a¢tivities
Chartitable aclivities
Entry ftes
Cafe & ice cream sales
283,664
342,590
274,184
263,295
626,254
537,479
CHAIUTABLE ACTIVITIES COSTS
Support
¢ost$ (see
note 5)
Direct
Costs
Totals
Chartitable ac¢ivili¢s
620,906
3,500
624,406
SUPPORT COSTS
Governance
costs
Chartitable activities
3,500
NET INCOMEI{EXPENDITURK)
Net incomel(exp¢nditur¢) is ststed after charging/(crediting).'
31112123
31112122
Audit fees
Depreciation- owned assets
Purchases
Rent & service charges
3,500
9,677
193,915
29,110
3,500
19,355
160,777
29,272
14
continued...

ROAR AND EXPLORE DAIRY FARM LTD
Notes to the Flnancfial Statements - continued
FOR THE YEèiR ENDED 31 DECEMBER 2023
TRUSTEES, REMUNERATION AND BENEFITS
There were no trnstees, remuneration or other benefits for the year ended 31 December 2023 nor for the year
ended 31 December 2022.
Tru$tees' expenses
There were no trustees, expenses paid for the year ¢nd¢d 31 December 2023 nor for th¢ year ended
31 December 2022.
STAFF COSTS
31112123
31112n2
Wages and salaries
Social security costs
Other pension costs
288,028
10,408
3,219
251,724
8.845
2,058
301,655
262,627
The average monthly number of employees during the year was as follows..
31112123
21
31112122
20
Full & part-time employees
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestrieted
fund
INCOME AND ENDOWMENTS FROM
CharltabIe actlvities
Chartitable activities
537,479
Other trading activities
15.438
Total
552,917
EXPENDITURE ON
Charitable activities
Chartllable activities
559,361
NET INCOMEI{EXPENDrfuRE)
(6,444)
RECONCILIATKON OF Fuf+lDS
Total funds brought forward
128,817
TOTAL FUNDS CARRIED FORWARD
122,373
15
continued...

ROAR AND EXPLORE DAIRY FARM LTD
Notes to the Financial St*t¢m¢nts - continued
FOR THE YEAR EP4DKD 31 DECEMBER 2023
io.
TANGIBLE FIXED ASSETS
Fixtures
nd
rittings
Short
leasehold
Plant and
mathlnery
Totals
COST
At l January 2023
Additions
133,141
60,411
193,552
10,200
10,200
At 31 December 2023
10,200
133,141
60,411
203,752
DEPRECIATION
At l January 2023
Charge for year
59,913
6,657
19,005
3,020
78,918
9,677
At 31 December 2023
66,570
22,025
88,595
NET BOOK VALUE
At 31 De¢ember 2023
10,200
66,571
38,386
115,157
At 31 December 2022
73,228
41,406
114,634
ii.
STOCKS
31112123
31112122
Stocks
5,000
2,300
12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31112123
31112122
Trade debtors
Other debtors
814
7,140
149
3,654
7,954
3,803
16
continued...

ROAR AND EXPLORE DAIRY FARM LTD
Notes to the Fin3n¢lal Statements- contlnued
FOR THE YEAR ENDED 31 DECEMBER 2023
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31112123
31112122
Bank loans and overdrafts (see note 15)
Trade creditors
Social security and other tsxes
VAT
Other creditors
Accruals and defrrred income
10,476
20,744
(3,279)
15,964
12,827
11.636
29,754
(3,185)
11.295
11,490
43,752
56,732
104,742
14.
CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR
31112123
31112122
Bank loans (see note 15)
17,451
27,218
15.
LOANS
An analysis of the maturity of loans is given below:
31112123
31112122
Amounts falling due within one year on demand..
Bank overdrafts
Bank loans
476
10,000
1,636
10,000
10,476
11,636
Amounts falling between OTh¢ and two years".
Bank loans - 1-5 years
17,451
27,218
16.
MOVEMENT IN FUNDS
Net
movement
in fund$
At
31112123
At 111123
Unrestricted funds
General fund
122J73
7,566
129,939
TOTAL FUNDS
122.373
7,566
129,939
17
ontinued..

ROAR AND EXPLORE DAIRY FARM LTD
Note$ to the Flnanclal Statements - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2023
16.
MOVEMENT IN FUNDS - continued
Net movement in ￿nds, included in the above are as follows:
Incoming
resourees
Resouree$
expended
Movement
in funds
Unrestricted fund$
General fimd
631,972
{624,406)
7,566
TOTAL FUNDS
631,972
{624,406)
7,566
ComparatEves for movement fin funds
Net
movement
In funds
At
31112122
At 111122
Unrestricted funds
General fund
128,817
(6,444)
122,373
TOTAL FUNDS
128,817
(6,444)
122,373
Comparative net movement in fi￿ds, included in th¢ above are as follows:
Incoming
resour¢e$
Resource$
expended
Movement
in funds
Unrestrlcted funds
General fimd
552.917
(559,361)
(6,444)
TOTAL FUNDS
552,917
(559,361)
(6,444)
A current year 12 months and prior year 12 months combined posilion is as follows:
Net
movement
In funds
At
31112123
At 111122
Unrestricted fund$
General fund
128,817
1,122
129.939
TOTAL FUNDS
128.817
1,122
129,939
18
continued...

ROAR AND EXPLORE DAIRY FARM LTD
Noles to the FlnAnelal Statements - continued
FOR THE YEAR ENDED 31 DECKMBER 2023
16.
MOVEMENT IN FUNDS - contlnued
A current year l2 months and prior year 12 months combined nel movement in funds. Included in the above are
as follows..
Incomlng
resources
Resources
expended
Movement
fin funds
Unrestrlcted funds
General fimd
1,184,889
(1,183,767)
1,122
TOTAL FUNDS
1,184,889
(1.183,767)
1,122
17.
RELATED PARTY DISCLOSURES
The company rents its premises from which it operates from ils parent company. West Belfast Enterprise Board
Limited. During the year the company paid rent and servi¢e charges to to its parent totalling £29,110 (2022..
£29,272) Th¢ parent company also provides management staff to the charity and recharges the associated Cost
which totalled £53,488 {2022.' £52,017). In¢lud¢d in creditors at the year-end are amounts owed to the parent
totalling £8,044 (2022: £43,752)
18.
ULTIMATE CONTROLLING PARTY
West Belfast Ente￿rISe Board Limited (Comapany number: N1021888, Charity number.. 103129} a charitable
company is the parent company of Roar & Explore Dairy Fann Limited and accordingly is d¢t¢rniined to be the
ultimate Controlling paty.
19