Concerned Residents of Upper Ardoyne Financial Ststements For the year ended 31 March 2025 Concerned Residents of Upper Ardoyne Flnanclal Statements For the year ended 31 March 2025 Sep4ing Commrttee and Advisors Management Committee's Report Accountant's Report InCOff￿ & Expenditure Account Balance Sheet Notes to the Financial Staterr*nts 8-11 Appendix Profit & Loss Itr Accounts 12 Appendix Balance Sheet vr Accounts 13 Concerned Residents of Upper Ardoyne Ser¥lng Committee and Advi8or8 For the year ended 31 March 2025 Chalrnian George McHenry Secretary Ronnie Black Treasurnr Harvey Quinn Address for Correspondence Jolty Roger Complex 85 Alliance Road Belfast BT14 7JE Accountsnt Vlvlen Davldson Apt7 6 Sea Road Castlerock BT514RE Bankern Ulster Bank Ltd Shankill Road Belfast BT13 1FH Concerned Residents of Upper Ardoyne Management Commlttee's Report For the year ended 31 March 2025 The Management Committee presents its report and financial statements for the year ended 31 March 2025 ststement of Commlttee Members, Responsibilities Organisation law requires the Management Committee to prepa￿ financial ststements for each financial year which give a true and fair view of the stale of affairs of the organisation and of the income and expenditure of the organisats'on for that period. In preparing those financial statements, the Management Committee is required to: 1. Select suitable accounting policies and apply them consistentty 2. Make judgements and eskn'mates that are reasonable and prudent and 3. Prepare the financial statements on the going concem basis unless it is inappropriate to assume that the organisation will conts'nue The Management Committee is responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the organisation and to enable them to ensure that the Financial Statements comply with the Companies Act 2006. It is also responsible for safeguarding the assets of the organisation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularits"es. Changes in fixed as8ets The changes in fixed assets are as recorded in Note 3 to the accounts. Accountants The Management Committee has appointed Vivien DavKlson as the organisation's accountant in the interim period due to the previous accountant Anne Thornpson retirement The same template has been retained in order to minimise confusion for repofts'ng to management. 18 August 2025 Ronnie Black (Secretary) Dats Concerned Residents of Upper Ardoyne Accountant's Report To the committee of Concemed Residents of Upper Ardoyne I have examined the financial statements on pages 6-11. Respective responsibilities of management committee members and accountant As described on page 3, the Management Commrttee is responsible for the preparation of financial statements. It is my responsibility to form an independent opinion, based on examination, on those statements, and to ￿port to you. Opinion In my opinion, the accounts prepared from the infomiation and explanations provided gNe a true and fair view of the state of affairs of the organisation on 31 March 2025 and of its Income and Expenditure Account for the year then ended. and have been properly prepared. 18 August 2025 Vlvlen Davld80n Dats Concemod Resldents of Upper Ardoyne Income and Expendltur• Account For the year ended 31 March 2025 2025 2024 INCOME: Grants Re￿iVed 41,146 44,053 EXPENDITURE: Administration & Management Expenses 41,408 44,281 DEFICIT/PROFIT FOR THE YEAR 262 228 All income derives from continuing activittes, therefore no statement of recognised gains or losses is given Concerned Residents of Upper Ardoyne Balance Sh•et As at 31 March 2025 Note 2025 2024 FIXED ASSETS Computer equipment CURRENT ASSETS Prepayments Bank balance 4,423 4,686 4.432 4,695 CURRENT LIABILITIES Accrued expenses (496) (496) NET CURRENT ASSETSILIABILITIES 3,937 4,199 TOTAL NET ASSETS 3,937 4,199 REPRESENTED BY: Unrestricted Funds Balance blf Income for year 4,199 41,146 4,428 44,053 45,345 41,408 48.481 44.282 Expenditure for year Balan￿ clf 3,937 4.199 We approve these accounts and confiryn that we have made available all relevant records and information for their preparation. 18 August 2025 Signed on behalf of the Committee Date Concerned Resldents of Upper Ardoyne Notes to the Flnanclal Statements As at 31 March 2025 1. ACCOUNTING POLICIES The followlng accounting policies have been applied consistenty in dealing with items in the organisation's financial statements. Basis of accounting The accounts are prepared under the historical cost convention as modified by the revaluation of ￿rtain fixed assets, and include the result of the organisation's operations, all of which are ongoing Tangible fixed assets and depreclatlon Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less any estimated residual value, over their expected useful lives on the following basis.. Office equipment 25% reducing-balance basis Turnover This reflects revenue grants received and receivable Value added tax Value added tax is not recoverable by the organisation, and therefore is included in the relevant costs in the Statement of Financial Activities 2. INCOME 2025 2024 Belfast Ci Council All Grants 5,850 5,850 NBINIIFI - Salaries 34,045 34,483 NBIN - Revenue Reimbursed 700 1.280 Belfast City Council - Meet the Neighbours 551 2.440 CFNI - Jubilee Fund 41,146 44,053 Concerned Resldents of Upper Ardoyne Notes to the Flnanclal Statements A8 at 31 March 2025 3. FIXED ASSETS Equlpment Computer Office Total COST As at 1 April 20?? Additions during year As at 31 March 20?? DEPRECIATION As at 1 April 20?? Charged for year As at 31 March 20?? NET BOOK VALUE As at 31 March 2024 As at 1 April 2025 Organisation has no Current Assets. Concernod Resldents of Upper Ardoyne Notes to the financial statements A8 at 31 March 2025 4. EXPENDITURE 2025 2024 Runnin Ex Bank charges Depreciationl released on disposals Insuran Office Cleaning Office Rent Soffvrfare- Payroll (MISC) Stationery & Consumables Telephone & Postage Volunteer Expenses nses (37) (38) (1,257) (1,159) (1,900) (1,900) {1,800) (1,800) (100) (84) (684) {537) (985) (808) Runnin Ex enses Total Sala Ex en8e8 Salaries - pe￿ Walls InitiativellFI (33,945) (34,463) Sala enses Total Pro ram Ex enses Program Room Hire BCC - Meet the Neighbours TWffiA Womens Group Staff training Facilitation Cost Covid 19 Expenses (340) {2,991} {100) Pro ram Ex nses Total Unders ndEx enses BCC Underspend Retumed (261) (500) nders ndEx ense8 Total 261 500 Totsl Expenses (41 M08) (44,282 Concerned Residents of Upper Ardoyne Notes to the flnanclal Statements A6 at 31 March 2025 S. MOVEMENT IN FUNDS 2025 2024 Balan￿ blf Incoff* for year 4,199 41,146 4.428 44,053 45.345 48,481 Expenditure for year 41.408 44,282 Balance clf 3,937 4,199 Presented by Treasurer- Richard Quinn Signed 2 J_JQ- Audited agreed by G.McHenry Signed Concerned Residents of Upper Ardoyne Profrt And Loss Account For the year ended 31 March 2025 2025 2024 Income BCC BCC - Reventse Grdnts 5,850 5,850 InGome BCC - Meet the Nevjhbours NBIN- IFI Salary NBIN Cleaner NBIN Insuranco 551 34,045 700 34.483 700 35.296 38.203 Running expenses Bank fees CRUA Office Cleaning Irffjurdnce Miscellaneous NCBC Office Rent SO￿are Stationery & consumables Telephone (37) {1.SVJ) {1.257) (100) (1,800) (381 (1,900) (1,159) (1,800) 184) (537) {808) (6841 (985) (6,762) (6,327) Wages & Salarses Cost Gross Salarie5 (33.945) 134.463) (33.945} 134.463) Program Expenses Meet the Neighbwrs Programmes Womens Group (2.991) (340) 1100) (440) (2,991) BCC Grant Underspend BCC Underspend Retumed (261) (500) (261) (5001 Net loss Concerned Resid8nts of Upper Ardoyne Balance Sheet As at 31 March 2025 2025 2024 CRUA Wages to Pay Prepayinents Bank Current alc no 1 Currenl alc no 2 177 195 4,432 4,695 Paye & Nlc HMRC HMRC to Pay Creditors Acwals 500 (496) (4961 Net assets Funds Balance forward Profit and loss arxount Nel loss 11.255 (7.056) {263) 11.255 16,8271 1228) 3.937 4,199 Total funds