REGISTERED COMPAIYY NUMBER: IY1646742 (Northern Ireland) REGISTERED CHARITY NUMBER: NIC 108405 Re ort of the Trustees 2nd UnaudAted Financial Statemenls for the Year Ended 31 Jul 2024 for Belvoir Communi Hub Acom an Limited b Guarantee Lynn Drake & Co Ltd Chartered Accountants I st Floor 34 B-D Main Street Moira Co. Arniagh BT67 OLE
Belvoir Communi Hub Contents of the Financial Statements for the Year Ended 31 Jul 2024 Page Reference and Administrative Details Report of the Trustees Independent Examiner's Report Statement of Financial Activities Statement of Financial Position Notes to tbe Financial Statements 10 to 15 Detailed Statement of Financial Activities 16 to 17
Belvoir Communi Hub Reference and Administrative Details for the Year Ended 31 Jul 2024 TRUSTEES Bernadette Reid Director (resigned 141212025) Kenneth Tait Director (resigned 22/112024) Joanne McGoogan Director (resigned 141212024) Joy Irene Poots Director Emma Woods Director Roslynn Michelle Algie Director Adrian Alexander Mccartney Director (resigned 221112024) Leah Tait Director (resigned 221112024) Pamela Jayne Jones Director (appointcd 221112024) Lakshmi Sivaratri Director (appointed 221112024) REGISTERED OFFICE 8 Drumart Square Belfast Co. Antrim BT8 7EY REGISTERED COMPANY NUMBER N1646742 (Northern Ireland) REGISTERED CHARITY NUMBER NIC 108405 INDEPE1ENT EXAMINER Lynn Drake & Co Ltd Chartered Accountants I st Floor 34 B-D Main Street Moira Co. Amiagh BT67 OLE BANKERS Danske Bank Donegall Square West Belfast BTI 6JS
Belvoir Communi Hub ort of the Trustees for the Year Ended 31 Jul 2024 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 thc charity for the year ended 31 July 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTtVITIES Objectives and aims The Charity's objects are to promote the benefit of the Inhabitants of the Belvoir and Milltown areas and their environs without distinction of gender, sexual orientation, age, disability, race, ethnicTty, or political, religious or other opinion and in particular to:_ (l ) Advance community development by: (i) Providing facilities and support for community and voluntary groups and organisations; (li) Organising community and family events and providing facilities for recreation and other leisure time occupations for those individuals who have need of such facilities by reason of their youth, age or social and economic circumstances or for the public at large. (iii) Promoting active citizenship and volunteering in the community- (iv) Promoting social inclusivity, good community relations, social cohesion, racial and religious harmony and equality and diversity. (2) Advance health and well-belng by encouraging and facilitating participation in amateur sport and healthy recreation. (3) Promote education and training by delivering andlor providing facilities for classes, workshops, training courses and other forms of tuition. (4) Promote arts and culture by encouraging comm Our Vision A thriving, safe and inclusive community where everyone feels they belong." Our Mission To enhance wellbeing, opportunity and connection by providing an inclusive, safe and welcoming space. supporting community-led services and projects that promote health and wellbein& lifelong learning, arts, culture, and cnvironmental sustainability.
Belvoir Communi Hub ort of the Trustees for the Year Ended 31 Jul 2024 FINANCIAL REVIEW The company (Belvoir Community Hub) had net incoming resources for the year of £12,821. (2023 net incoming resources of £19,631.Th¢ Unrestricted fund at 31 July 2024 was £20,160 and the Restricted fund was £46,305. This is detailed on page 6 of the accounts. The Company received grant income totalling £99,429, detailed on page 10, note 4. There was an Unrestricted fund surplus for the year of £7,141. This evidences the desire to create a sustainable organisatioii moving forward. Review of the Year This is the second full year that Belvoir Community Hub has operated with paid employces, including a Health & Wellbeing Manager and a part-time Administrator. Their psellCe has allowed for greater consistency, strategic planning, and the delivery of a broader range of high-quality services. Their work, alongside that of our dedicated volunteers, continues to strengthen Belvoir as a connected, resilient and inclusive community. During the year, significant progress was made in consolidating the strategic direction and governance of the organisation. In November 2023, an independent Interim Review of Big Lottery funding was undertaken by Dr. Liz Mcshane and Gillian Gibson. The evaluation highlighted substaiitial achievements in engaging the community, attracting and supporting volunteers, and delivering meaningful services with and for local residents. The report's central recommendation was the development of a Strategic Plan to guide future direction and fundiiig sustainability. With the support of Collaboration Ireland, the Board and staff worked intensively to develop a Strategic Plan that would underpin all future operations. This Strategic Plan was officially launched at our Annual General Meeting in April 2024, marking a milestone in the Hub's evolution from a grassroots initiative to a structured, mission-driven organisation. The Hub continued to dcliver a diverse programme of community events and development activities, including: ' A family-focused Summer Scheme, Holistic hcalth workshops, Arts and cultural events, ' Training programmes, Personal development sessions, and A Health Fair that brought togcther services, practitioners and residents to promote acccssible and preventative wellbeing practices. In line with our strategic focus on Education & Training, we delivered an NCFE-accrcdited course in Vegetablc Growing to volunteers and local residents, combining community engagement with skills development. Our Healthy Homes project, funded by Belfast City Council, addressed healthy eating, cooking on a budgeL and hotne wellbeing and mental health. It was well attended and provided practical support during a time of high economic pressure for many households. Further progress was made in building Maintenance and accessibility improvemcnts, with targeted upgrades to better accommodate older adults and disabled community members, reinforcing our commitment to inclusion and dignity for all. These activities directly supported the charity's three core focus areas.. Health & Wellbeing ' Culture & Arts
Belvoir Communi Hub Re ort of the Trllstees for the Year Ended 31 Jul 2024 Education & Training There has also been increased emphasis on environmental sustainability, reflecting the charity's belief that strong cominuiiities and sustainable living go hand-in-hand. This included practical engagement with community members on issues such, community gardening, and responsible resource use. We are acutely aware of the ongoing economic pressures facing our community, with many families and individuals experiencing hardship. The Board, staff and volunteers have responded with compassion and innovation, reshaping our services to offer greater support and eiisure that Belvoir Community Hub remains a welcoming, respectful and inclusive space for all. STRUCTURE, GOVERNANCE AND MANAGEMENr Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Risk management The principles of good governance are embedded in all areas of the Hub's operations. Trustees tak¢ seriously thcir responsibility to ensure the organisation is protected from financial and reputational risk and that high standards are maintained throughout. There is a strong working relationship between the Trustees. staff and volunteers, with regular oversight and conimunication to ensure all are aware of their responsibilities and feel equipped to uphold the values and practices of the charity. CHARITABLE STATUS The Trustees have registered the company as a charity with CCNI. The charity number is NIC 108405. STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the directors of Belvoir Community Hub 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 United Kingdom Accounting 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 requires the trustces to prepare financial statements for each financial ycar which givc a true and fair view of the state of affairs of th¢ charitable company and of the incoming resources and application of resources, including the income and cxpenditure, of the charitable company for that period. In preparing those financial statcments, the trustees are required to selcct suitable accounting policies and then apply them consistently; observe the methods and principles in the Charity SORP. make judgements and estimates that are T¢asonabl¢ and prud¢nt' prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. Thc trustees are responsibl¢ for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to 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 coInpany and hence for taking reasonable steps for the prevention and detection of fraud and other irregularitics.
Belvoir Communi Hub ort of the Trustees for the Year Ended 31 Ju1 2024 Approved by order of the board of trustees on 31 March 2025 and signed on its behalf by.. Emma Woods - Trustee
Inde endent Exarniner's Re Belvoir Communi Hub I report on the accounts of the cornpany for the year ended 31 July 2024, which are set out on pages seven to fifteen. ort to the Trustees of Respective responsibilities of charity trustees and examiner As the charity's trustees (and also the directors for the purposes of company law) you are responsible for thc preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law and is eligiblc for independent examination, it is my responsibility to: examine the accounts under Section 65 of the Charities Act 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 state whether particular matters have come to my attention. Basis of the independent examiner's 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 Coinrnission 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 includcd consideration of any unusual items or disclosures in the accounts, and seeking cxplanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention glving me Cause to believe: That accounting records were not kept in accordance with Section 3 86 of the Companies Act 2006 That the accounts do not accord with those accounting records 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 charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland That there is further information needed for a proper understanding of the accounts to be reached. Independent examiner's statement I have completed my examination and have no concerns in respect of the matters ( l ) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Billy Drake Lynn Drake & Co Ltd Chartered Accountants I st Floor 34 B-D Main Street Moira Co. Armagh BT67 OLE 31 March 2025
Belvoir Communi Hub Statement of Financial Activities for the Year Ended 31 Jul 2024 31.7.24 Total funds 31.7.23 Total funds Unrestricted Restricted funds funds Notes INCOME AND ENDOWIKENTS FROM Donations and legacies 4,928 4,928 8,308 Charitable activities Grants Receivcd 820 98,609 99,429 105,830 Investment income 3,190 3,190 3,825 Total 8,938 98,609 107,547 117,963 EXPENDITURE ON Charitable activities Charitable Activity Governance 1,797 88,054 4,875 89,851 4,875 94,256 4,076 Total 1,797 92,929 94,726 98,332 NET INCOME 7,141 5,680 12,821 19,631 RECONCILIATION OF FUNDS Total funds brought forward 13,019 40,625 53,644 34,013 TOTAL FUNDS CARRIED FORWARD 20,160 46,305 66,465 53,644 The notes fonn part of these financial statements
Belvoir Communi Hub Statement of Financial Position 31 Jul 2024 31.7.24 31.7.23 Notes CURRENT ASSETS Debtors Cash at bank and in hand 19,991 52,243 57,796 72,234 57,796 CREDITORS Amounts falllng due within one year 10 (5,769) (4,152) NET CURRENT ASSETS 66,465 53,644 TOTAL ASSETS LESS CURRENT LIABILrriES 66,465 53,644 NET ASSETS 66,465 53,644 FUNDS Unrestricted funds Restricted funds 12 ?0,160 46,305 13,019 40,625 TOTAL FUNDS 66,465 53,644 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024. The membcrs have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of thc charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which othenvise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes fomi part of these financial statcments continued...
Belvoir Communi Hub Statement of Financial PositlOD - continued 31 Jul 2024 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The fInancial statements were approved by the Board of Trustees and authorised for issue on 31 March 2025 and were signed on its behalf by: Jos. Ircne Poots - Trustee Emma Woods - Trustee Th¢ notes forn] part of these fInancial statements
Belvoir Communi Hub Notes to the Financial Statements for the Year Ended 31 Jul 2024 ACCOUNT]J¥G POLICIES Basis of preparing the financial statements The fInancial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Rcporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in thc UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'Th¢ Financial Reporting Standard applicable in the UK and Republic of Ireland, and tlie Companies Act 2006. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expendittire as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probablc that a transfer of economic bcncfits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggrcgate all cost rclated to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resourccs. Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable obj¢ctivcs at the discretion of the truste¢s. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particulaT restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statcments. Pension costs and other post-retirement benefits 'rhe charitable company operates a defined contribution pension scheme. Contributions payablc to the charitable company's pension scheme arc charged to the Statement of Financial Activities in the period to which they relate. 10 continued...
Belvoir Communi Hub Notes to the Financial Statements - continued for the Year Ended 31 Jul 2024 DONATIONS AND LEGACIES 31.7.24 31.7.23 Donations ROH & CS Donation 4,928 6,108 2,200 4,928 8,308 INVESTMENT INCOME 31.7.24 31.7.23 Room hire & facilities 3,190 3,825 INCOME FROM CHARITABLE ACTIVITIES 31.7.24 31.7.23 Activity Grants Received Grants 99,429 105,830 Grants received, included in the above, are as follows: 31.7.24 31.7.23 Belfast City Council - Revenue Forward South Partnership National Lottery Community Fund Belfast City Council - Good Relations Belfast City Council - Medium Community Foundation Jubilee Fund Radius Housing Community Chest Sainsburys Belfast City Council - Arts & Heritage Belfast City Council - MYN 21,907 320 72,403 779 3,520 12,239 775 80,941 4,819 500 1,000 500 2,816 2,240 500 99,429 105,830 continucd...
Belvoir Communi Hub Notes to the Financial Statements- CODtinued for the Year Ended 31 Jul 2024 CHAIUTABLE ACTIVITIES COSTS Support costs (see note 6) Charitable Activity Governance 89,851 4,875 94,726 SUPPORT COSTS Governance costs Management Totals Charitable Activity Governance 89,851 89,851 4,875 4,875 89,851 4,875 94,726 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 July 2024 nor for the year ended 31 July 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 July 2024 nor for the year ended 31 July 2023. STAFF COSTS 31.7.24 31.7.23 Wages and salaries Other pension costs 51,182 1,206 57,466 1,219 52,388 58,685 The averagc monthly number of employees during the year was as follows: 31.7.24 31.7.23 Administration No employees received emoluments in excess of £60,000. 12 continued...
Belvoir Communi Hub Notes to the Financial Statements - continued for the Year Ended 31 Jul 2024 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.7.24 31.7.23 Belfast City Council 19,991 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.7.24 31.7.23 Reaching out Homeless Social security and other taxes Accrued expenses 612 2,856 2,301 1,935 2,217 5,769 4,152 11. ANALYSIS OF NET ASSETS BETWEEN FUNDS 31.7.24 Total funds 31.7.23 Total funds Unrestricted Restricted funds funds Current assets Current liabilities 25,393 {5,233) 46,841 (536) 72,234 (5,769) 57,796 (4,152) 20,160 46,305 66,465 53,644 12. MOVEMENT IN FUNDS Net movcment in funds At 3117124 At 118123 Unrestricted funds Gencral fund 13,019 7,141 20,160 Restricted funds Belfast City Council - Revenue National Lottery Community Fund 12,000 28,625 12,000 34,305 5,680 40,625 5,680 46,305 TOTAL FUNDS 53,644 12,821 66,465 13 continued...
BeIvoir Communi Hub Notes to the Financial Statements - Continued for the Year Ended 31 Jul 2024 12. MOVEMENT IN FUNDS - continued Net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds Gencral fund Fonvard South Partnership Sainsburys 8,118 320 500 (977) (320) (500) 7,141 8,938 Restricted funds Belfast City Council - Rcvenue National Lottery Community Fund Belfast City Council - Good Relations Belfast City Council- Medium (1,797) 7,141 21,907 72,403 779 3,520 (21,907) (66,723) (779) (3,520) 5,680 98,609 (92,929) 5,680 TOTAL FUNDS 107,547 (94,726) 12,821 Comparatives for movement in funds Net movemcnt in funds At 3117123 At 118122 Unrestricted funds General fund Forward South Partnership 336 1,200 12,683 (1,200) 13,019 1,536 11,483 13,019 Restricted funds Belfast City Council - Revenue National Lottery Community Fund Belfast City Council - Good Relations Reaching Out Homeless Support 12,000 (1,191) (2,361) (300) 12,000 28,625 29,816 2,361 300 32,477 8.148 40,625 TOTAL FUNDS 34,013 19,631 53,644 14 continued...
Belvoir Communi Hub Notes to the Financial Statements - continued for the Year Ended 31 Jul 2024 12. MOVEMENT IN FUNDS - continued Comparative net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund Forward South Partnership 12,133 775 550 (1,975) 12,683 (1,200) 12,908 Restricted funds Belfast City Council - Revenue National Lottery Community Fund Belfast City Council - Good Relations Belfast City Council- Medium Reaching Out Homeless Support Community Foundation Jubilee Fund Radius Housing Community Chest Sainsburys Belfast City Council - Arts & Heritage Belfast City Council - MYN (1.425) 11,483 12,239 80,941 (239) (82,132) (2,361) (4,819) (300) (500) (1,000) (500) (2,816) (2,240) 12,000 (1,191) (2,361) 4,819 (300) 500 1,000 500 2,816 2,240 105,055 (96,907) 8,148 TOTAL FUNDS 117,963 (98,332) 19,631 13. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 July 2024. 14. LIMITED BY GUARANTEE The Company is limited by guarantee and has no share capital. 15. WINDING UP Every member of the Company undertakes to contribute to the assets of the Company, in the event of th¢ same being wound up while it is a member, or within one year after it ceases to be a mcmber, for payment of the debts and liabilities of the Company contracted before it ceases to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributor's among themselves, such amount as may be required not exceeding one pound. 15
Belvoir Communi Hub Detailed Statemenl of Financial Activities for the Year Ended 31 Jul 2024 31.7.24 31.7.23 INCOME AND ENDOWMENTS Donations and legacies Donations ROH & CS Donation 4,928 6,108 2,200 4,928 8,308 Investment income Room hire & facilities 3,190 3,825 Charitable activitie5 Grants 99,429 105,830 Total incoming resources 107,547 117,963 EXPENDITURE Support costs Management Wages Pensions Rates and watcr Insurance Telephone Postage and stationcry Advertising & IT Light and heat Direct programme costs Coiisumables & cleaning Affiliation fees BCC-Gardcning direct Training Facilitation & workshops Catering Venue hire Equipment hire Companies House Volunteers Travel Repairs & maintenance Consultancy fees Carried fonvard 51,182 1,206 68 1,285 252 621 821 2,275 7,054 2,395 308 57,466 1,219 1,235 259 235 261 5,087 2,026 1,042 201 2,350 3,072 10,896 2,125 24 3,206 13 846 828 1,779 274 13 2,613 2,800 73,167 94,170 This page does not form part of the statutory financial statements 16
Belvoir Communi Hub Detailed Statement of Financial Activities for the Year Ended 31 Jul 2024 31.7.24 31.7.23 Management Brought forward Bee Crcative programme Family Tree programme Melis Group programine BCH programme Warm Space programme Garden Group programme Hollday Hunger programme 73,167 1,767 2,878 594 10,401 364 410 270 94,170 89,851 94,170 Governance costs Bank charges Rent & service charge Accountancy fee 131 2,500 2,244 86 2,000 2,076 4,875 4,162 Total resources expcnded 94,726 98,332 Net income 12,821 19,631 This page does not form part of the statutory financial statements 17