Company registration number NI651235 Charity registered number NIC107970 

## **Museum of the Troubles Initiative** 

A company limited by guarantee 

**Directors Report and Financial Statements for year ended 28 February 2025** 



## **Museum of the Troubles Initiative** 

## **Directors Report for year ended 28 February 2025** 

## Directors 

Terence Brannigan (chairperson) Dr Irene Boada Montagut Professor Catherine Clinton Dr Gul Kacmaz Alex Knowles Peter McCloskey FCA (appointed 10 April 2025) Professor John Morrison Jane Morrice Edward Petersen 

Dr Frank Gaffikin (resigned 21 November 2024) John Gillespie (resigned 8 May 2025) Hanna Shelby (resigned 10 April 2025) Brigid Loughran (resigned 7 March 2024) Suneil Sharma (resigned 21 November 2024) 

The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 as applicable to charities. 

The income and expenditure account shows a surplus for the year of £580 and the balance sheet shows net assets of £825 (2024: £245). 

The report and financial statements were approved by the directors on 13 November 2025 and are signed on their belhalf: 

Terence Brannigan Director 



## **Museum of the Troubles Initiative** 

## **Income and Expenditure Account for year ended 28 Feb 2025** 

|**Feb-25**<br>Total<br>Restricted Unrestricted<br>Income<br>£<br>£<br>£<br>NI Community relations<br>Esmee Faiburn Trust<br>Donations received<br>500<br>500<br>Total<br>500<br>500<br>Expenditure<br>Consultant<br>Workshops<br>HMRC penalty<br>100<br>100<br>Accountancy<br>(180)<br>(180)<br>(80)<br>(80)<br>Surplus for the year<br>580<br>580<br>Funds brought forward<br>245<br>-<br>245<br>Funds carried forward<br>825<br>-<br>825|**Feb-24**<br>Total<br>Restricted Unrestricted<br>£<br>£<br>£<br>675<br>675<br>15,000<br>15,000<br>1,000<br>1,000<br>16,675<br>15,675<br>1,000<br>12,000<br>12,000<br>3,831<br>3,675<br>156<br>300<br>300<br>16,131<br>15,675<br>456<br>544<br>-<br>544<br>(299)<br>(299)<br>245<br>-<br>245|
|---|---|





## **Museum of the Troubles Initiative** 

## **Balance Sheet as at 28 February 2025** 

|Cash at bank<br>Accrued costs<br>Net assets<br>Restricted funds<br>Unrestricted funds<br>Total funds|**Feb-25**<br>£<br>1,245<br>420<br>825<br>-<br>825<br>825|**Feb-24**<br>£<br>845<br>600<br>245<br>-<br>245<br>245|
|---|---|---|



The company is entitled to exemption from audit in accordance with section 477 of the Companies Act 2006 and no members have requested an audit in accordance with Section 476. 

The directors acknowledge their responsibilities for ensuring that the company leeps accounting records which comply with section 386 of the Act and for preparing accounting statements which give a true and fair view of the state of affairs of the company in accordance with sections 394 and 395 and which comply with the requirements of the Act relating to financial statements, so far as applicable to the company. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small comnpanies regime. 

The financial statements were approved by the directors on 13 November 2025 and are signed on their behalf by: 

Terence Brannigan Director