Company registratlon number: N1651617 Charity Number: NIC107929 ACCESS TO ARTS FOR ALL NI LTD Company Ilmlted by guarantee Trustees report and unaudited flnancial statements 31 March 2025
ACCESS TO ARTS FOR ALL NI LTD Company Ilmltod by guarantee Content8 Page TNstees and other Information Trustees annual report (incorporating the dlrectors report) Independent examiners report statement of financial activities statement of financial position Notes to the financial statements 8-12
ACCESS TO ARTS FOR ALL NI LTD Company Ilmlted by guarantee Trustees and othèr Inforniatlon Truste85 Martin Bradley Dolores O'Reilly Deirdre Dohety Key management personnel Lisa Heaney Company number N1651617 Reglstered offlce Mlllennlum Forum 3 Newmarket Street L Derry BT48 8EB Buslne88 address Millennium Forum 3 Newmarket Street Derry BT48 8EB Accountants McDaid Mccullough Moore PO Box 28 28132 Clarendon Street Derry BT48 7HD Page 1
ACCESS TO ARTS FOR ALL NI LTD Company Ilmited by guarantee Trustees report Year ended 31 March 2025 The trustees present their report and the unaudited financlal statements of the company for the year ended 31 March 2025. The trustees who served during the year and up to the date of this report are set out on page 1. The report is prepared in accordan with Accounting and Reporting by Charities". Statement of Recommended Practice applicable to charities preparing Ihelr accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006. structure, governance and management Govoming doGument Access To Arts For All Nl Ltd is a charitable company limited by guarantee not having a share capital. It was recognised as a charity in November 2020. registratlon number 107929. The charity is governed by its Articles of Association. Organisational structure The charitable company is mana9ed by the trustees. Trustees are chosen based on their skills and professional backgrounds so as to ensure a wide range of experience is represented on the board. Trustees meet bi-monthly to review strategies, assess risk and plan future policies. Appointment of tnistees New trustees are nominated by current trustees. Induction and training of new trustees is provided by existing trustees. Principal nsks and uncertainties The trustees have conducted its own review of the major risks to which the charitable company is exposed and systems have been estsblished to mitigate those risks. The trustees continually monitor their exposure to financial risk. Given the size of the company, the trustees have not delegated the responsibility of monitoring financial risk to a sub committee. The financial viability and sustainability of the charity is a major risk recognised. The trustees continually strive to source additional or new funding to enhance the facilities and services provided. Business and financial risk is managed by ensuring trustees, with the necessary experience, are recruited and budgets and forecasts are prepared. The reporting netork makes use of IT systems which includes Microsoft Exceltword which are continuously updated and maintained. The charitable company's principal financial assets is cash at bank, grant debtors and trade creditors. Associated risks include credit risk and liquidity risk. To minimize credit risk the trustees have implemented policies that require appropriate credit checks on potential customers before transactions take place. To minimize liquidity risk material purchases are carefully planned to ensure appropriate cash flows exist to meet operational costs. Irileiiidl liliks aré niinimised by the implementation of control8 and proccdurQ for authorisation of all transactions. Related partles Access to Arts For All Nl Ltd works closely with M Forum Trading Limited in meeting its aims and objectives. Objectives and activltles The principal objective of the charitable company is to provide original and accessible theatre based activities for the entertainment and education of a wider public audience, reaching in particular those who may lack the opportunity due to disability, geographic, economic, mobility or other constraints. The Trustees considered guidance from the Charity Commission for Northern Ireland in relation to the public benefit statement. Page 2
ACCESS TO ARTS FORALL NI LTD Company Ilmlted by guarantee Trustees report (continued) Year ended 31 March 2025 The aims of the organisation are'.- to provide opportunities for the inhabitants of the Dery City & Strabane District Council area, without distinction of age, sex, race, political, religious or other opinion, the statutory authorities, voluntary organisations and inhabitants in a common effort to advance citizenship and promote good health by providing facilities in the interests of social welfare for recreation or leisure time occupation, with the object of improving the conditions of life for the inhabitants to promote inclusivity, good community relations, social cohesion, racial harmony, equality and diversity and to advance the education of those who learn dlfferently, in partiLulai' but iiot exclusively through the promotion of the arts such as drama. dance, music, workshops and related activities with a view to providing relief to those in need and developing life skills. To achieve the objectives above Access To Arts For All Nl Ltd provides various facilities at the millennium forum theatre through its links with M Forum Trading Limited. Public beneflt How our activities deliverpubliG benefit Our main activities are set out below. All our charitable activities are undertaken to further our aims of providing public benefit. The maln objective is to provide facilities to promote social inclusion for all via theat based activities such as drama, dance, music, workshops and related activities. To achieve this objective Access To Arts For All Nl Ltd provides DJ training courses, Dimentia tea dances and Energy of Light discos at the millennium forum. The trustees believe they are meeting the public benefit test by increasing accessibility to the arts to everyone in the locality from the young to the elderly, from able bodied to those with disabilities and other mobility constraints. Achievements and performance Throughout this period, Access to Arts for All provided a range of social engagement and outreach activities in line with our charitable objectives. Funding was secured from the Halifax Foundation for Northem Ireland to provide programmes for Sensory Music, Movers & Shakers classes, Memory Train for Older People classes and Energy Train classes for young people with disabilities. The programmes enabled young people to come together and enjoy arts based activities, bringing people together to develop their skills. During the year, we provided regular engagement which aided social inclusion. interest in the arts and increased belonging for children and their parents with a setting which encouraged arts based activities. Access to Arts provided facilitation, materials and refreshments for participants, including arts activities in drama, dance and performance. As part of our ongoing work, Access to Arts for All provided Energy of Light Disco's in partnership with the Millenium Forum. These were available to young people to attend, with a particular focu5 on targeting children with disabilities or mobility issues. This provided creative and social activities through the arts. to improve their circumstance and quality of life. Achievements through this programme included the ability for young people to engage within a safe social environment with peers, expressing their feelings, problem solving, learning new skills and developing new friendships. In the period. Access to Arts for All provided Dementia Friendly Tea dances within the Millenium Forum.The aim of this programme was to provide relief, through the arts for those with dementia or early signs of dementia. They benefited from connecting with others, reminiscing and reducin9 feelings of loneliness. Page 3
ACCESS TO ARTS FOR ALL NI LTD Company Ilmlted by guarantee Trustees report (contlnued) Year ended 31 March 2025 Financial performanc& Income for the year was £4,157 (31 March 2024 £12,280) and expenditure £4,973 (31 March 2024 £12.551}. Operating deficit was {£816) (31 March 2024 - deficit (£271). Net assets at the balance sheet date were £846 (31 March 2024 - £1.662). Public and private funding and donations continues to be vital to the operation of the charitable company. Reserves The trustees over time will ty and accumulate an adequate reserve requirement. Plans for tha future The trustees are satisfied with the performan of the charitable company during these difficult times. The future aims of Access To Arts For All Nl Ltd are to sustain and expand on the actvities outlined above, maintain the viability of the charitsble company, ensure facilities are accessible to all, secure funding for new projects, and Co-operate with other bodies to develope additional facilities. Trustees responsibility statement The twstees are responsible for preparing the Trustees report and the financial statements in accordance with applicable law and regulations. Company law requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kin9dom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the stste of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the trustees are required to", select suitsble accounting policies and then apply them consistently. make Judgments and accounting estimates that are reasonable and prudent,. and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the company will continue in business. The trustees are spOnSible for keeping adequate accounting records that are sufficient to show and explain the charitable companvs transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small company provisions This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. This report VRS approved by the board of trustees on 2 December 2025 and signed on behalf of the board by.. Dolores O'Rellly Trustee Page 4
ACCESS TO ARTS FOR ALL NI LTD Company Ilmlted by guarantee Independent Examiner's Report to the Trustees of ACCESS TO ARTS FOR ALL NI LTD Year ended 31 March 2025 I report to the charity trustees on my examlnatlon of the financial statements of the Charitable Company for the year ended 31 March 2025, which comprise the statement of financial activities, the statement of financial position and the related notes. Respectlve responsibilities of trustees and examlner As the charity trustees (and also the dlrector$ of the company for the pui'PU&4eS of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satlsfied myself that the charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to.. xamine the accounts under section 65 of the Charlties Act (Northern Ireland) 2008. -follow the procedures laid down in the general directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act: and -state whether particular matters have come to my attention. Basis of independent examinerfs 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 includes 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: 1. That accounting records were not kept in accordance with section 386 of the Companies Act 2006 2. That the accounts do not accord with those accounting records 3. 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 charlties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland 4. That there Is further infomiation needed for a proper understanding of the accounts to be reached. Independent examlner's Statement I have completed my examination and have no concems in respect of the matters (1 } to (4) listed above and, in connection with following the Directions of the Charity Commission ft)r Northern Ireland, I have found no matters that require drawing to your attention. Kevl ullough FCA McDaid Mccullough Moore Chartered Accountants PO Box 28 28132 Clarendon Street Derry BT48 7HD 2 December 2025 Page 5
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ACCESS TO ARTS FOR ALL NI LTD Company Ilmlted by guarantee Statement of flnanclal position 31 March 2025 2025 2024 Note Current assets Debtors Cash at bank and in hand 84 5,510 1,710 4,475 5,594 6,185 Credltors: amounts falllng due wlthln one year (4,748) (4,523) Net current a88ets 846 1,662 Total assets less current Ilabilities 846 1.662 Net assets 846 1,662 Funds Unrestricted funds Restricted capital funds 846 997 665 Members funds 846 1,662 For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Trustees responsibilities: The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime and in accordance with Section 1A of FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland,. These financial statements were approved and authorised for issue by the Board on 2 December 2025, and were signed on Its behalf by Dolores O'Reilly Truste8 Company reglstratlon number: N1651617 The notes on page8 8 to 12 form part of these flnanclal statements. Page 7
ACCESS TO ARTS FOR ALL NI LTD Company Ilmlted by guarantee Notes to the financial statements Year ended 31 March 2025 General information The charity constitutes 8 public benefit entity as defined by FRS102. The company is a private company limlted by guarantee, registered in Northern Ireland. The address of the registered office is Millennium Forum, 3 Newmarket Street, L Derry, BT48 8EB. Accountlng pollcles Basis of proparatlon The financial statements have been prepared under the historic cost convention and in compliance with and In accordance with Accounting and Reporting by Charities.. Statement of Recommended PraGtice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006. The financial statements are prepared in sterling, which is the functional currency of the entity. Fund accountlng The funds of the charitable company consist of restricted and unrestricted funds. General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictlons imposed by donors. Capitsl funds are restricted funds retained for the benefit of the charity as a capital fund, Golng concern The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainty exists. The trustees have considered the level of funds held and the expected level of income and expenditure for e1ve months from authorising these financial statements. The principal factors underlying this judgement are the continued support of funders and current financial performance. Judgements and key sources of estimation uncertalnty The preparatlon of the financial statements requires management to make judgements, estimates and assumptions that 8ffect the amounts reported. These estimates and judgements are continually reviewed and 8re based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The depreclation charge in respect of tangible fixed assets is based on the estimated useful life of each group of assets. Revlsion of estimated useful life of each grouping will affect the estimates charged in the Statement of Financial activities. Page 8
ACCESS TO ARTS FOR ALL NI LTD Company Ilmlted by guarantee Notes to the financlal statements (contlnued Year ended 31 March 2025 Income Income is included in the statement of financial activity when the charity is entitled to the income, any performance conditions attached to the income have been met and the amount can be quantified with reasonable accuracy. Income is included in the financl81 statements Inclusive of value added taxation. The following specific policies are applied to partlcular categories of income.. Capitsl grants are recognised in the year in which they are receivable and treated as restricted funds with depreciation on the relevent asset charged directly to the restricted fund In the statement of financial activities. Revenue grants are recognised as income when receivable. Expenditure Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure is included in the financial statements inclusive of value added tsxation which cannot be recovered and is reported as part of the expenditure to which it relates. Expenditure is split beeen restricted and unrestricted expenditure. Unrestricted expenditure relates to general fundraising costs, management and general administration of the charity and restricted expenditure is as set out in the Letters of Offer. Tanglble assets Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impalrment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depre¢latlon Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows.. Fittings fixtures and equipment 33.340/0 Straight line If there is an indlcation that there has been a significant change in depreciation rate, useful life or residual value of tangiblg assets, the depreciation is revised prospectively to reflect the new estimates. Impalrment A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. Page 9
ACCESS TO ARTS FOR ALL NI LTD Company Ilmlted by guarantee Notes to the flnancial statements (contlnued) Year ended 31 March 2025 Financial instruments A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price. unless the arrangement constitutes a financlng transaction, where it is recognised at the present value of the future paym8nts discounted at a market rate of interest for a similar debt instrument. Other fi'nancial instruments are subsequently measured at fair value, with any changes recognised in income and expenditure, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impaiment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in income or expenditure immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impainnent. Other financial assets are either assessed individually or grouped on the basis of similar credit rlsk characteristics. Any reversals of impairment are recognised in income or expenditure immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Llmlted by guarantee The company is limited by guarantee. The liability of each member is limited to £1 in the event of the winding up of the company. Staff c¢)sts The average number of persons employed by the company during the year, Including the directors, amounted to nil (31 March 2024 . nil). Trustee expenses & remuneratlon The trustees were not pald during the year for their services. The trustees were not paid or reimbursed for expenses during the year. Key management personnel Lisa Heaney is the key management officer for Access To Arts for All Nl Ltd. Page 10
ACCESS TO ARTS FOR ALL NI LTD Company Ilmlted by guarante• Notes to the flnanclal Statements (continued) Year ended 31 March 2025 Tanglble assets Flxtures, flttlngs and oqulpment Total Cost At 1 Aprll 2024 and 31 March 2025 1,995 1,995 Depreclatlon At 1 April 2024 and 31 March 2025 1,995 1,995 Carrylng amount At 31 March 2026 At 31 March 2024 Debtor8 2025 2024 Trade debtors other debtors 1,710 84 1,710 Credltors: amounts falllng due withln one year 2025 2024 Trade creditors 4.748 4,523 Page11
ACCESS TO ARTS FOR ALL NI LTD Company limlted by guarantee Notes to the flnanclal statements (contlnued) Yoar anded 31 March 2025 Funds Unrestricted funds Income Expenditure 2024 2025 General funds 1,662 894 (1,710) 846 Purposes of unrestrlcted funds Unrestricted funds are funds that are utilised at the discretion of the trustees in furtherance of the objects of Access to Arts For All Nl Ltd. Included in unrestricted funds are donations, entrance charges and other fundraising activities. Restrlcted funds Income Expenditure 2024 2025 Halifax foundatlon 3,263 (3,263) 3,263 (3,263) Purposes of restrlcted funds The purpose of grants from ACNI Rural Arts Engagement Programme and the Halifax foundation is to promote soclal inclusion and accessability, for everyone from the young to the elderly, from the able bodied to those with disabilities, for all theatre based activities such as drama, music, dance, workshops and related activities in the local area. Analysls of net assets between funds Unrestrlcted Restricted funds Income funds Total funds Fund balances at 31 March 2025 represented by , Tangible fixed assets Current assets Current liabllltles 2,066 (1,220} 3,528 (3,528) 5,594 (4,748) 846 846 Pago 12