REGISTERED COMPANY NUMBER.. N1652507 (Northern Ireland)
REGISTERED CHARITY NUMBER: 107683
Report of the Trustees and
Finoneial Statements
for the Year Ended
31 Deeember 2024
ror
Roar and Explore Dairy Farm Ltd
M.B.Mc Grady& Co
Chartered Accountants
Stslutory Auditors
Ratlunore House
52 St Patricks Avenue
Downpatrick
Co. Dc¢wn
BT30 6DS

Roar and Explore Dairy Farm Ltd
Contents of the Financial Statements
for the Year Ended 31 Decemb¢r 2024
P4ge
Report ol the Trustees
I to 3
Report of the Independent Auditors
Statement of Financial Activities
Ba12nce Sheet
Cash Flow Statement
10
Notes to the Ctssh Flow Statement
li
Notes to the Fin8nciAI Statements
12 to 18

Roar 2nd Explore Dairy Farm Ltd
Report of th¢ Tr￿Stee3
for th¢ Year Ended 31 Dec¢mb¢r 2024
The trustees wlio ar¢ also directors of th¢ charity for the purposes of the Companies Act 20Q6, present their report with
the ffftancial statements of the charity for the y¢ar ended 31 December 2024. The trustees have adopted the provisions of
Accounting and Reporting by Charities: Statement of Recommended Pra¢ti¢e applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland (FRS 102)
(effective l January 2019).
OBJECTIVES AND AcfiviTIES
Objectives and aims
The Charity's objects ar¢ to provide faci]ities for the inhabitants of the Belfast/Lisburn region without distinction of sex.
sexual orienltttion, age, race, abilities, or poliiical or religious opinions, including facilities for children's pl&y and
recreation. famtly and community events, me¢tll)gs, classes and other forms of recreation and leisur¢-time o¢¢upation,
with the object of improving the conditions of life for the said inhabitants.
Public benefit
The trusle¢s h3ve read and had regard to the Northern treland Charity Commission'5 Statutory guidancc on Public
benefit.
ACHIEVEMENTS AND PERFORMANCE
ChgfAlable activities
In 2024. we cont￿ued lo str¢ngthen and expand our 5ervic¢s. ¢tthancing the experiences available to families and young
peoplc. Our soft play facilities were upgraded with the addition of new sensory play equipment, 8nd we fvriher invested
in The Last Level party and gaming room to cieale a more engaging and enjoyable etLvironment' we also created a neiv
welcoming sit in area in the ice cr¢atn parlour.
Roar and Explore offers free educational activities ¢very Monday to Thursday, accessible to all childr¢n on site. These
sessions include arts and crafts (Colin'5 Crafts), cooking and baking (Ellie's Eals), storytelling, singing and dancing
(Rami's Rhymes), and sensory play (Tilly's Twists). Activities run five days per week, with five sessions each day,
serving an av¢rage of len children per session. Thts equat¢5 10 approxirnately 12.000 children betkefiting frotn these
educational opportunities tbroughout 2024.
Each weekday morning, we provide a dis¢ount¢d toddler entry rate alongside free toast and jui¢e for all children. This
initiative ensutes children have a nutritious stsrt to the day iyhile encouraging parents to brin8 them out for social
inl¢ra¢tion and play. There we around 7,000 children visits benefiting from this provision.
Recognisttig that childminding can be tsolating, we offer a heavily discowited enty rate for childmindets. Currently,
approximtttely 120 childmtnders are registered. many of whom are regular users. This scheme allows children in their
care to play safely and dcvelop social skills. whilc childminders have the chance to coL￿eCt with pe¢rs. Diiring 2024. this
initiative facilitated approximately 3,000 children's visits.
We also provide a 2-for-I discount for Perks card holders, primarily benefiting Ihose ITh Blue Light services. which was
used approxfftmat¢ly 934 limes. Free bitthday pass¢5 were offered to 788 Ghildren.
Discountsd enty rates are available for tkutseri¢s, schools, and clubs, witEL 120 visits re¢orded in 2024. Children
att¢nding through these groups also receiv¢d free toast and juice, benefiting around 2,400 children.
Additiottally, w¢ support local community groups and clubs by providing free parties. including play, jui¢e. a hot meal.
aDd d¢ssert, rea¢hing 300. Over 500 addttional free pass¢s were also di5tribut¢d to communtty ￿0UpS. Clubs. and
fijndraising initiatives.
In addition to our permanent and long rU1￿5ng book exchange schem< in 2024 we raTh a Winter Coat and Halloween
c0s￿me scheme. Both of which were a huge success, with hundreds of items exchanged. These programs allowed the
community to donate iteins they no longer needed, or new items, which were then made freely available lo those who
could benefit from them. These initiattves will be added as a new annal schemes.
We fijrther supported local sports organisalions by providing hi8tL-quality football kits and fre¢ enty pass¢s, benefiting
clubs including Lamh Dhearg GAA, Rosso. Andersonslovm Community Football Club, Duntnurry Youth Football Cfiub,
and St Ji)hns GAC Fundatnentals.

Roar Explore Dairy Farm Ltd
Report of the Trustee5
for the Year Ended 31 D¢ccmber 2024
FINANCIAL REVIEW
Financial po$itiDn
The Siat¢ment of Financial Activities for the year ended 31 December 2024 and B&lance Sheet as at that dale are shown
in the attached financial statements.
Income from ¢harilable activities for ihe year to 31 December 2024 is £681,230 {2023: £626,254) which is tsp £54,976
on the previous year. Total expenditure for the year is £663,828 (2023'.£ 624,406) which is up £39,422 on the pyevious
year. Net profit for the year was £17,402 compared lo £7,566 for the previous y¢3r.
The Statement of Financial Position remain5 healthy with Net Assets of £147,341 of ,which all r¢lal¢3 lo unrestri¢ted
nds.
Reserves poltcy
The Board of Trustees h85 established a policy whereby the Unrestricted Funds not ¢ommitt¢d or invested in tangible
fixed assets for charity use ('the free Teserves,) held by the Company should be between 3 and 6 months of th¢ resources
expended. At this level, th¢ Trustees feel that they would be able to continue the curT¢nl activities of the Company.
the event of a si￿lf1¢ant drop in fundin& it would obviously b¢ neeessary to consider how the ￿ndIng would b¢
replaced or activities ehanged.
FUTURE PLANS
The charlty will continue to deliver and improv¢ its range of services Éo the local Community. In 2025. we plan to
expattd by opening a second soft play fa¢ility, specifically designed to support Children and families in the Falls Road
area.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Goveynlng dotttment
The charity is ¢ontiolled by its goveming document, a deed of trust. and ¢onStitsJtes a limited company. limited by
guarank¢, as defll]ed by the Compani¢s Act 2006.
The Company is governed by a Board of Trustees which operates as detailed in lh¢ company's governing do¢umen¢ the
Memorandum and Articles of Association. The Board me¢ls between six and eight times p¢r year. The subcommittee.
th¢ audit COtnmitt¢e, meet on a quarterly basis and the other ¢onunittees meet as necessary. A cbief executive is
appointed by th¢ board 10 &dmitJister the day to d&y operations of the ¢ornpany and its S￿bsEd1arie$.
To facilitate cff¢¢tive operations the Group Chief ¢x¢¢vtive. Mr Seamus O'Pr¢y has delegated authority approved by th¢
truste¢s for operational njatters such as fman¢¢, employment and the delivery of its charitable objectives.
Recruitment and appointment of llew trustees
Dtse to th¢ nature of the charity's work the trust¢es seek to ensure that these needs are appropriately reflected through the
diversity of the tru5t¢e body. To ¢nhance the potential pool. trusle¢s are requested to provide a list of their skills (and
update it each year) and in ttle event of parti¢EElar skills lacking or being lost due lo retir¢ment, individuals are
approached to offer themselves for election.
REFERENCE AP4D ADMINISTRATIVE DKTAILS
Reglstered Company Dumber
N1652507 (Northern Ireland)
Registered Chgrlty number
107683
Registered office
Ottus
155 Northumb¢rland Stree¢
Belfast
BT13 2JF

Roar And Explore Dairy FArm Ltd
Report of the Trustee5
for the Year Ended 31 DeCe￿ber 2024
Trustees
J Collins
N F Rooney
G Ward (deceased 191712025)
Auditors
M.B.Mc Grady & Co
Chartered Accotintanls
Stthtory Auditors
Rathmore House
52 St Patricks Avenue
DownpatrÈck
Co. DowrL
BT30 6DS
STATEMENT OF TRUSTEES, RESPONSIBILITIEI S
Th¢ trustees (who are also the directors of Roar and Explore Dairy Farm Ltd for the purposes of ¢ompany law) are
responsible for preparing the R¢port of the Trustees and the f]nancial statements in aceordan¢e with applicable law and
United Kingdom Accounting Standard5 {Unit¢d Kingdom Getterally A¢cepted Accounting Practice) including Finallcial
Reporting Standard 102 "The Financial Reportin(T Standard applicable in the UK and RepubliG of Ireland"
Company law requires the tiustees to prepare fmancial statements for each f￿ancial year whkch give a true and fair view
of the State of affairs of the charitable company and of the in¢omÉng resources and application of resources, including
Ihe income and expenditure, of the charitable company for that period. In preparing thos¢ f￿ancIal statements, th¢
In￿te¢S are requir¢d lo
select suitable accounting policies and then apply them ronsist¢ntly'
observe the methods and principles in Élke Charity SORP-
make judgements and estimates that are reasonable and prudent;
prepare the flliancial slatemeTEts on the going cortcem basis unless It is inappropriate to presum¢ that th¢ eharilable
company will continue in business.
The trustees are responsibl¢ for keeping proper accounltn8 records whteh disclose with r¢asoDable accuracy 8t any lime
the financial position of the charitable compat2y and lo enable them to ensuTe that the finan¢Éal stal¢m¢nt5 comply with
the Companies Act 2006. They aTe also responsible for safegu8rdiDg the assets of the charitabl¢ company and hence for
taking reasonable Steps for the prevention and d¢¢¢ction of fraud and other irr¢gulariti¢s.
In 50 far as the trustces are aware..
there is no relevant audit inforniatiorn of which the charitable company's auditors ar¢ unaware. and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit
inforn]ation and to establlsh that the auditors are aware of that inforn]ation.
AUDITORS
The auditors, M.B.M¢ Grady & Co, will be proposed for r¢-appolntment &t the forthcoming Annual General Meeting.
This Teport has been prepared iti accordance with the special provisions of Part 15 of the Companies Act 2006 relating
to small companies.
Approve
f the board of truste￿ OTh 30 October 2025 and signed on its behalf by-
J Collins - Trustee

Report of the liidependen¢ Auditors to the Trustee$ and Members of
Roar nnd Explore Dairy Farm Ltd
Opinion
We have audited the fmancial statements of Roar and Explore Dairy Farm Ltd (th¢ 'charilabl¢ company,) for the year
ended 31 December 2024 which comprise the Statement of Fit)ancial A¢livitie4 the Balance Sheet, the Cash Flow
Statement and notes to the fujancial statements, in¢luding a summary of s(gnifi¢aut accounting poli¢i¢s. The financial
reporting framework that has been applied in their preparailott is applicable law ￿]d United Kingdom Accounting
Siandards (United Kingdom Generally Accepted Accowiting Practtce), including Fihancial Reporting Standard 102 The
Financial Reporting StatLdard applicable in the UK and Republic oCEreland'.
In our opinion th¢ financial slat¢menls-
give a tNe artd fair vi¢w of the stat¢ of the charitable company's affairs as at 31 December 2024 and of its incoming
resources and application of resources, includillg ils income and expenditure, for the year then ended-
have been prnperly prepared in a¢¢ordan¢e with Uttited Kingdom Generally Accepted A¢counling Practic4 including
Financial Reporting Standard 102 'The Finaii¢ial Reporting SL￿dard applicable in the UK and Republi¢ of Ireland,.
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for oplnion
We conducted our audit itt accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibilities under those standards are ￿rther described in th¢ Auditors, responsibilitics for the audit of the
financial statements section of our report. We are independent of the Charitsble company in accordance with the ethical
requirements that are relevant to our audit of the f&nan¢ial statements ill the UK including the FRC'S EthÈcal Standard,
and we have fvlfilled our other ethical responsibilities in accordance with ihese requirements. We beli¢v¢ that the audit
evideii¢¢ we have obtained is sufficieiit and appropriate to provide a basis frjr our opinion.
Conclusions relating to goÈng coneern
tn auditing the fmancial statements, we have Goncluded that the tNslees' use of the going ¢on¢ern basis of a¢¢ounting i
the preparation of the financial statements is appropriate.
Based on the work we have performed, we hav¢ nol identified Ally material uncertainties relating to ¢vettts or Conditions
IhaL individually or colle¢liv¢ly, may cast significant doubt On the eharilable COEllpanYs ability to continue as a going
COtL¢ern for a period of at least twelve Jnonths from when the fjnancial ststements are authorised for issije.
Our r¢sponsibiliti¢s aThd the responsibilities of the trustees with respect to going concern are described in th¢ relevarLt
sections of ihis report.
Other iDformation
The trttslees are Tesponsible for the other information. The other inlorniation comprises the inforniation included in the
Annual Rcpotl other than the flnancial statements and our Report of the Independent Auditors thereon.
Our opinion on ihe financial st&temeThts does not cover the other information and, except to the ¢xtent otherwise
expLi¢iily stated in our report, we do not ¢xpress any form of assurance Conclusion thereon.
tn conn¢¢tion with our audit of the financial statements. our responsibility IS to read the other infornialion and, in doing
so, consider whether th¢ other infomiation is materially inconsistent with the fmancial statements or our knowLedge
obtained Èn the audit or oih¢rivise appears to be materially misstated. If we identify su¢h material iiiconsistenci¢s or
apparent material misstatements, we are required lo delennine whether this giv¢s rise to a material mi5StateEnent in the
financial statements themselves. If. based on the work we have performed, we ¢on¢lude that there is a material
misstst¢ment of this other infomation. we are required to report that facL We have ELoihing to report in this regard.
Oplnions on other tThatters prescribed by the Compatiies Act 20QO
In our opinion. based on the work undertaken in the course of the audit..
th¢ information given in the Report of the Trustees for the financial y¢ar for whi¢li Ilie fMiati¢ial statements are
prepared is consist¢nt with the ftnanctal statements- aftd
the Report of the Trustees has been prep&red in accordance with applicable legal requirements.

Report of the Independent Auditors to the Trustees and Members of
Roar and Explore Dairy Farm Ltd
Matters on Ivhich we are required lo report by exception
In the light of the knowledg¢ and uttderslanding of the rharilable ¢ompany and its enviroTunenl obrained in th¢ ¢our5e of
the audit, we have not ideii¢ified mat¢rial misslatemenls in th¢ Report of the Trustees.
We have nothing to report in respe¢t of the following matters where the Compani¢s Act 2006 ￿qUireS us to report to you
if, in our opinion..
adequalc accounting records hav¢ not be¢n kept or returns adequate for our audit hav¢ nol been received from
branches not visited by us. or
the f￿ancIal statemenls are not in agreement with the accounting records and returns. or
certain disclosures of trustees, remuneration specified by Ihw ar¢ not made. or
we have not i'eceived all the inforn)atÉon and explanations we require for our audit-, or
th¢ trustees weie not entitled to take advantage of the small comparLies ex¢mption from the requirem¢nt to Prepa￿ a
Strategic Report or in Preparing the Report of the Trustees.
Responslbilities of trustees
As explained more fully in the Ststement of TNstees' Responsibililtes. the tNst¢es (who are also the directors of the
charitable company for the purposes of Company law) are responsibl¢ for the preparatlOA of the financial statements and
for being satisfied that they give a tnJ¢ and fair view, and for such ititernal control as the In]5t¢es dclermine As necessary
to cnabl¢ the preparation of fttsancial slalements that are free from material misslatetnent, whether due to fraud or error.
In prep8ring the fJnan¢ial statmenls, the trustees are responsibl¢ for ass¢ssing the charitable eompany's ability to
continue as a going conc¢rn, disclosin& as applicable, matters related to going concern and using the going Concern
basis of accounting unless the trustees either intend to liquidat¢ the charitable company or to cease operations. or hav¢
no realistic alternativ¢ but to do so.

Report of the Independent Auditors to the Trustees and Members of
Roar and Explore Dairy Farm Ltd
Our responsibilities for the audit of the fingncial statements
Our obje¢tiv¢s are to obtair¢ re3sonable assurance about whether the financial statements as a whole are free from
material misslalement, wheiher due lo fraud or error. and lo isstse a Report of th¢ Independeiit Auditors that in¢Lude5 Qur
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit Conducted itt accordance
with ISAS (UK) will always delect a ma¢¢Tial misstatement when it exists. Missiatemettls ¢an arise from fraud or error
and ore consider¢d mat¢ri81 if, individually or in the aggregate, they could reasonably be expected to infiuence the
economic decisions of users taken on the basis of these financial statements.
The extent lo whtch our procedures are capabl¢ of detecting irregularities, including fraud is detailed below:
The following are required to be considered:
- the natur¢ of the industy and sector, control environment and entity performance.
- results of our enquires of illanag¢ment, about their oivn identification ond a55¢ssm¢nt of the risks of irregulartties.
review of company policÉes and procedures relating to..
idenlÉfying, evaluation and complying with laivs and regulations and whether they are aware of instances of
noRcomplianc¢'
detecting and responding lo the risks of frdud and whether they have any knowledge of any actual. suspected or alleged
the itit¢mal ¢ontrols established to mitigate risks of fraud or non-compliattce with laws and regulations.
the matters discussed among the audit ¢ngagement team and specific component audit teams r¢8arding how and where
fraud might occur in the fmancial statements and any potential indicators of fraud.
Because of these proced1￿es, we considered the opportunities and incentives that may exist within the organisation for
fratsd and Identified the greatest potential for fraud is in relatioTh to completenesy of incomes, expendi￿re not beints
appli¢d in lin¢ with intended purposes alld the cal¢)Jlation and payment of salaries. In common with all audits under
ISAS (UK). Ive are also required to perforni specific proc¢dure5 to respond to th¢ risk of management override.
Audit response lo risks identified.
The ¢urrent audit is conducred with professional scepticism Using procedures that ar¢ in a¢cordanc¢ with International
Standards oil Auditing.
In responding to the identified key audit matters above we obtained an understanding of the charitys objectives and
income streams tog¢iher with the salary ¢alculation and prrjcessing pro¢ess, we perfomied enquires of management 8nd
in5P¢¢ted relevant documents and calculations, verifying incomes and expenditures, assessing the compl¢t¢ness and
accuracy of di3closures within the financial statement5 aiid con¢utr¢d the figiires were n)alerially accurate.
In addition to the above, our procedures lo respond to risks identified iiiclude the following..
rcviewing the full financial statement disclostsres and testing to supporting documentation to &ssess compliance with
provisions of relevant laws and regulatior]s described as having a direct effect on the financial statements.
enquiring of nianagement concerns of actttal and potcnlial litigation and elaims-
performing allalytical procedures to id¢nlify any unusual or unexpected relationships that may indi¢at¢ risks of material
misstatement due to fraud,,
reading minutes of Jneetittgs of thos¢ charged with governance. and
in addl-essing the risk of fraud through ￿anagement ovetTide of eontrols, testing th¢ appropriatoness of journal entri¢s
and other adjusknents; assessing whether the judg¢￿ents made in maktng accounting estimates are indicative of a
potential bias- and evaluating the business rational¢ of ally significant transactions that are unusual or outside the normal
course of business.
We &lso communicated relevant identified laws and regulotions and potential fraud risks to all engagement team
members and significant component audit teams, and remained alert to aiiy indications of fraud or non¢omplian¢e with
laws and regulations throughout the audit.
A further description of our r¢sponsibilities for the audit of the fJnan¢ial statements is located on the Financial Reporting
CourLGiI's website at W￿v.frC.Org.uk/aUdit0rSrcSpoTrs1b1llt1cs. This description fom)s part of our Report of the
Independent Auditors.

Report of the Independent Auditors to the Trustees and Members or
Roar and Ei xplore Dairy Farm Ltd
Use of our report
This report is made solely to the charitable company's members, a5 a body, in accordance with Chapter 3 of Part 16 of
the Compaiiies Act 2006. Our audit work has been undertaken so that we might slate to the charilable company's
members those matters we are required to state to them in an aiiditors, report and for no other purpose. To the ftillest
extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the
charitable company's members as a body, for our audit work, for ihis report. or for the opinions we have formed.
Malachy M
ady (Senior
for aiid on behalf of M.B.Mc
Chartered Accounlants
Siatulory Auditors
Rathmore House
52 Si Patri¢k5 Avenue
Downpalrick
Co. Down
BT30 6DS
atulo
Auditor)
&Co
30 October 2025

Roar and Explor¢ Dairy Farm Ltd
stat¢ment of Finaneigl AetiYiti¢s
for tlie Year Ended 31 De¢emb¢r 2024
31112n4
Unrestrlcted
fund
31112123
Tot21
rund$
Note5
INCOME AND ENDOWMENTS FROM
Charltable activities
Chartitsble a¢tiviti¢s
681230
626,254
Other trading activities
5,718
Total
681,230
631.972
EXPENDITURE ON
Charitable activities
Chertitable activities
663,828
624.406
NET INCOME
17,402
7,566
RECONCILIATION OF FUNDS
Total fi]nds broiight forward
129.939
122.373
TOTAL FUNDS CARRIED FORWARD
147,341
129,939
The notes forni part of these fmancial stat¢ments

Roar and Ei xplore Dairy F3rm Ltd
Balance Sbeel
31 December 2024
31112124
Unrestricted
fund
31112123
Total
funds
Notes
FIXED ASSETS
Tangibl¢ assets
10
J08,614
115,157
CURRENT ASSETS
Stocks
Debtors
Cash al bat]k
li
12
5,000
6,439
96,859
5,000
7,954
76,011
108,298
88.965
CREDITORS
Amounts falling due withtn one year
13
(62,184)
(56,732)
NET CURRENT ASSETS
46,114
32,233
TOTAL ASSETS LESS CURRENT
LIABILITIES
154,728
147,390
CREDITORS
Amounts fallin8 due after more than one year
14
(7,387)
(17,451)
NET ASSE¢ TS
147,341
129,939
FUNDS
Uiwestrieted funds
16
147,341
129,939
TOTAL FUNDS
147,341
129,939
These fjnancial statement5 have been prepared in accordance with the provisions applicable to charitable companies
subje¢t to the small compani¢s regime.
The fmancial statements were approved by th¢ Board of Trustees and authoris¢d for issue on 30 October 2025 and were
sigrned on its behalf by:
J Collins- Trustee
The notes fotiTh part of ihese financial stat¢ments

Roar ond Explore Dalry Farm Ltd
Cash Flow Statement
for thc Year Ended 31 De¢emb¢r 2024
31112n4
31112n3
Note5
Cash flows from operating aetlvities
Cash generated ftom operaliot]s
Interest Paid
33,653
(580)
{35,580)
(877)
Net cash provided byl(used in) operating activities
33,073
(36,457)
Cash flows from investing activities
Pur¢has¢ of tangible fixed assets
(3,660)
(10,200)
Net cash used in investing activi¢i¢s
{3,660)
(10.200)
Cash flow5 from financing activities
Loan repayrnents in year
(10,064)
(9,768)
Net cash used in financing activities
(10,064)
(9,768)
Change in cash and cssh equivalents in
the reporting period
C45h and eash equivalertts at tho
beginnlng of the reporting period
19,349
(56,425)
75,535
13 l.960
Cash and cash equivalents at the end of
the reporting period
94,884
75.535
The notes fonn part of these fJnanGial statements
io

Ro4r and Explore Dairy F8rm Ltd
Notes to the Cash Flow Statement
for th¢ Year Ended 31 Decembtr 2024
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
31112n4
31112123
Net income for the reportillg period (as per the Statement of FAnan¢ial
Actlvlties)
AdJustm¢nts for:
Depr¢¢i&tion charg¢s
Intetest paid
Increase in stocks
Decreasel(increase) in d¢btors
Increasel(decrease) in creditors
17,402
7.566
10,203
580
9,678
877
{2,700)
(4,151)
(46,850)
1,5AS
3,953
Net cash provided byl{used In) operations
33,653
(35,580)
ANALYSIS OF CASH AND CASH EQUIVALENTS
31112124
31112123
Notice deposits (less than 3 nionths)
Overdrafts included in bank loan5 and overdrafis falling due witliin one year
96,859
(1,975)
76.011
(476)
Total cash and cash equivalents
94,884
75,535
ANALYSIS OF CHANGES IN NET FUNDS
At 111124
Cash now
At 31112124
Net cash
Cash at bank
Bank overdraft
76,011
(476)
20,848
<1,499)
96,8S9
(1?75)
75,535
19,349
94,884
Debt
Debts falling due within l year
Debis falling due after l year
(10,000)
(17,451)
(10,000)
(7,387)
10,064
(27,451)
lQ,064
(17,387)
Total
48,084
29,413
77,497
The notes form part of these financial statements
li

Roar nnd Explore Dftiry Farm Ltd
Notcs lo the Fin8neial Statemcnts
for the Year Ended 31 December 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial stalem¢nts of the charitable company, which is a public benefit entity under fRS 102, have been
prepared in accordance with the Ch81ities SORP (FRS 102) 'Ac¢ow)ting and Reporting by Charilies.. Statement
of Recommended Practice applicable to charities preparing their accounts in accordaTrce with the Finan¢i31
Reporting Standard applicable in the UK and Republlc oe ireland (FRS 102) (effe¢tiv¢ l January 2019),,
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
I￿land. and the Companies A¢t 2006. The financial stlltemenls have been prepared under the historical cost
¢onvention.
ID¢oJne
All iiicome is r¢cognised iii the Stal¢menl of FÈnancial Activities once the charity has entitlement to the thnds, it
s probable that the income will be received and the amovnt can b¢ m¢asured reliably.
Expeftditure
Liabilities are recognised a5 expenditufe as soon as there is a legal or constnjctive obligation Committing ihe
charity to that expendibJr¢, it is probable that a transfer of economic benefits will be requtred in settlement and
the amount of the obligation can be measured reliably. Expendiwre is accounted for on an ac¢N81s basis 8n4 has
been classified uiider headings that aggregate all Cost related to the category. Where Costs cannot b¢ directly
attributed to particular headings they have been allocated lo activities on a basis consistent with the use of
resources.
Tangible fixed assets
Depreciation is provided at the following 8nnval rates in order to WTite off each 95set over ils estimated u5efj]I
life.
Plant and machinery
Fixlur¢s and fillings
IOO/o on cost
10 /0 on cost
Stocks
Stocks ar¢ valued at the lower of ¢ost alld net i¢alisable value, after making due allowatkce for obsolete and slow
moving items.
Taxation
The charity is exenipt from corpotation lax on its ¢haritable activities.
Fund #ccountiDg
Unrestricted funds Can be used in accordance with the charitable objectives at th¢ discretion of the trustees.
R¢slricted funds Can oiily be used for particular restricted purposes within (he objects of the charity. Restrictions
arise when specifked by Ihe donor or when thnds are raised for particular restricted purposes.
Further explanation of tlLe natur¢ and purpose of each fund is included in the notes to the financial statements.
Hlre purchase and legsing con)mitments
Rentals paid under operating leases are charged lo the Si&tement of Financial Activities on a slraighl line basis
over th¢ period of the lease.
Pension eosts and Dther post-retlremcnt benefits
The charitable eompally operates a defffted contribution pen5101L scheme. Contrtbutions payable to th¢ charitable
¢ompany's pension scheJn¢ are charged to the Sialement of Financial Activities in the period to which they relate.
l2
continued...

Roar and Explore Dairy Farm Ltd
Notes to the FiDanciil SlatemeRts- continued
for the Year Ended 31 December 2024
OTHER TRADING ACTIVITIES
31112124
31112123
Grants from parent Company
5.718
INCOME FROM CHARITABLE ACTIVITIES
31112124
31112123
Activity
Chartilable aciivilies
Chartilable activities
Entry ftes
Cafe & ice cream sales
299,479
381,751
283.664
342.590
68J,230
626,254
CHARITABLE ACTIVITIES COSTS
Support
costs (se¢
note S)
Dire¢t
Costs
Totals
Cliartitable activitl¢S
660,126
3,702
663,828
SUPPORT COSTS
Governance
costs
Management
Totsls
Chartilable activities
202
3,500
3,702
NEIT INCOMEI(EXPENDITURE)
Net incomel(¢xpenditure) is stated after charginJts (crediting),.
31112124
31112123
Audit fees
Depreciation- owned assets
Purchases
ReDt & service Charges
5￿00
10,203
216,578
29,110
3.500
9,677
193,915
29,110
13
ontinued...

Roar and Explore Dairy Farm Ltd
Note5 to th¢ Financial Stat¢m¢nts - continued
ror thc Year Ended 31 Deeember 2024
TRUSTEES, REMUNERATION AND BENEFITS
There were no tt'uste¢s' remuneration or other benefits for the year ended 31 De¢ember 2024 nor for the year
ended 31 December 2023.
Truste¢s' expenses
There were no trustees, expenses paid for the year ended 31 December 2024 nor for the year ended
31 De¢ember 2023.
STAFF COSTS
31112124
31112123
Wages and salaries
Social security costs
Other pension costs
308,055
11,584
3,516
288.028
10,408
3.219
323,155
301,655
The average monthly rAumber of employees during the year was as follows:
31112124
21
31112123
21
Full & port-lime employees
No employee5 ￿ceIVed emoluments in excess of £60,000.
COLVIPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestrleted
fund
INCOME AND ENDOWMENTS FROM
Charitable activities
Chartitable a¢tivities
626.254
Other trading activities
5,718
Total
631,972
EXPENDITURE ON
Charltable lletivlties
Chartilable activiues
624.406
iYET INCOME
7.566
RECONCILIATION OF FUNDS
Total fvnds brought forward
122,373
TOTAL FUNDS CARRIED FORWARD
129,939
14
cotttinued...

Roar and Explore Dairy Farm Ltd
Notes to the Financial Statements - continucd
for the Year Ended 31 December 2024
io.
TANGIBLE FIXED ASSETS
Fixtures
and
rittings
Short
leA$ehold
Plant and
macliinery
Totals
COST
A¢ l January 2024
Addition5
10,200
133,141
3,660
60,411
203,752
3,660
At 3 1 Deceinber 2024
10,200
136,801
60,411
207,412
DEPRECIATION
Al l January 2024
Charge for year
66,570
6.672
22,025
3,021
88,595
10,203
510
Ai 31 Decemb¢r 2024
510
73,242
25,046
98,798
NET BOOK VALUE
At 31 December 2024
9,690
63,559
3S,365
108,614
Al 31 December 202J
10,200
66,571
38.386
115,157
ii.
STOCKS
31112124
31112123
Stocks
5,000
5,000
12.
DEBTORS.. Amourirs FALLING DUE WITHIN ONE YEAR
31n2ll4
31112123
Trade debtor5
Other debtors
376
6,063
814
7,140
6,439
7,954
15
conliiiued...

Roar and Explore Dairy Farm Ltd
Notes to the Financial Statements- tontinued
for the Year Ellded 31 Decemb¢r2024
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31112124
31112123
Bank loans and overdrafts (sce note 15)
Trade creditors
Social s¢curity and other taxes
11,975
22,961
(3,421)
13,060
11,177
6,432
10.476
20.744
(3,279)
15,964
12,827
VAT
Other creditors
Accruals and defetted incotne
62,184
56,732
14.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31112124
31112123
Bankloons (see note 15)
7287
17,451
15.
LOANS
An analysis of the maturity of loans is given below:
31112124
31112123
Amounts falling due within one year on demand..
Bank overdrafts
Bank loans
1,975
io,oao
476
10,000
11,975
10,476
Ainounts falling beMeen one and two years..
Bank108ns- 1-5 years
7,387
17,451
16. MOVEMEIYT JEI FUNDS
Net
movemcnt
in fullds
At
31112n4
At 111124
Unrestri¢ted fund5
General ￿nd
A29,939
17,402
147,341
TOTAL FUNDS
129J39
17,402
147,341
16
continued...

Roar and Explore Dxiry Farm Ltd
Notes to the Financial Statements- continued
for the Year Ended 31 December 2024
16.
MOVEMENT IN FUNDS- continued
Net mov¢ment in bjnds, included in the abov¢ are #s follows..
IDeoming
resourees
Resources
expend¢d
Movement
in lunds
Unreytricted funds
General fund
681,230
(663,828)
17,402
TOTAL FUNDS
681,230
(663,828)
17,402
Comparatives for moveTneut in funds
Net
oyement
in funds
At
31112123
At in123
Unrestricted funds
General fund
122,373
7.566
l29.939
TOTAL FUNDS
122,373
7,566
129,939
Comparative Thet moverneiit in funds, includ¢d in the above ar¢ a5 follows..
Ihcoming
resources
Resources
expended
Moyement
in fun4]s
Unrestrleted funds
General fi￿d
fj31,972
(624.406)
7,566
TOTAL FUNDS
631,972
(624,406)
7,566
A current year 12 monilis and prior year 12 months combined position is as follows..
Net
ovement
in funds
A¢
3J112124
At 111123
Unrestricted funds
General fijnd
122,373
24,968
147,341
TOTAL FUNDS
122,373
24,968
147,341
17
continued...

Roar and Explore Dairy Farm Ltd
Note5 to th¢ Financial Statements - continued
for the Year Ended 31 December 2024
16.
MOVEMENT IN FUNDS- eontinued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are
as follows:
Ineoming
resources
Reyources
expended
Movement
in funds
Unrestricted funds
General fijiid
1,313.202
(1.288.234)
24,968
TOTAL FUNDS
1,313,202
(1,288,234)
24.968
17.
RELATED PARTY DISCLOSURKS
Thc company rents its premiscs from which it operates from its parent conipany. West Belfast Enterprise Board
Limited. Durittg the yenr the COEnpaiiy paid rcn¢ and seTvice charges to to ils par¢nt totslling £29.110 (2023:
£29,110) The parent company also provides managemeiit staff to the charity at]d recharges the associated cost
which totalled £63,656 (2023.. £53,488). Included in creditors at the year-end are amounts owed to th¢ parent
tolalling £14.133 (2023.. £8,044)
18.
ULTtMATE CONTROLLING PARTY
West Belfast Enterprise Bollrd Ltmited {Comapany number: N1021888, Charity number.. 103129) a chari¢abl¢
company is ihe parent company of Roar & Explore Dairy Farni Limited and accordingly is d¢teTmined to be the
ultimat¢ controlling party.
18