Charity No: 108423 HMRC Charity No: NI01269 ## **Street Ministries** **Financial Statements** **For the Period Ended 31/03/25** Page 1 ||**Street Ministries**| |---|---| ||**Charity Information**| |Directors|Ivor Reid| ||Victoria McMinn| ||Justin McMinn| ||Mehrshad Esfandiari| |Ofce|140-142 Great Victoria Street| ||Belfast| ||BT2 7DL| |Accountants|Insight Business Services| ||53 Bernice Road| ||Newtownabbey| ||BT36 4QZ| |Bankers|Danske Bank| ||Donegall Square West| ||Belfast| Page 2 ## **Street Ministries** ||Page| |---|---| |**Trustees' Report**|4| |**Accountant's Report**|5| |**Statement of Financial Activities**|6| |**Balance Sheet**|7 – 8| |**Notes to the Financial Statements**|9 – 11| Page 3 ## **Street Ministries Annual Report For the Period Ended 31/03/25** The Trustees present their report and financial statements for the period ended 31/03/25 ## **Charititable Status** The charity was registered with the Charity Commission for NI on 21 March 2022. ## **Principal activity** Street Ministries is a Christian ministry established to bring positive changes to people’s lives by tackling homelessness, addiction, mental health issues, unemployment and offering pastoral support to those that want it. ## **Trustees** The trustees who served during the period are as stated below: Ivor Reid Justin McMinn Victoria McMinn Mehrshad Esfandiari ## **Structure, governance and management** ## **Type of governing document:** Constitution **Partners:** Street Soccer NI, Outside In, St Martin’s Church, Salvation Army ## **Personnel;** **F/T employees** : None **P/T staff:** None **Volunteers** : 15 ## **Objectives and Activities** ## **Key Purposes of the Organisation:** - To tackle homelessness in Belfast and across NI - To support people to access emergency accommodation such as hotels, hostels, etc - To support people to access temporary accommodation such as hostels, including paying - for move in fees - To support people with costs of living etc to prevent people from becoming homeless - To support people to enter rehab to overcome addiction - To support people to enter employment or education - To run street outreach in Belfast city centre offering support to street homeless etc - • To run a weekly soup kitchen at our building where we can offer 1-1 support - ## **Financial Review** • This is our first year of accounts and they were audited by an independent accountant • The financial activity of the Charity this is healthy and we don’t have any debt ## **Declaration:** The board members declare that they have approved the trustees’ report above. Signed on behalf of the charity’s board: Signature: **J McMinn** Name: Justin McMinn Position: Chair Date: 26 January 2026 Page 4 Page 5 Page 6 ## **Independent Examiner's Report to the Trustees of Street Ministries** I report on the accounts of the charity for the year 31/03/25 , which are set out on pages 8 - 14. ## **Respective responsibilities of Trustees and examiner** As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act. Having satisfied myself that the charity is not subject to audit and is eligible 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 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 Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of accounting records kept by the charity and a comparison of the accounts presented with those records. It also included 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 the Charities Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements, 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 4. 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 (1) to (4) liste 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. Derek Browne ACMA 53 Bernice Road Insight Business Services Newtownabbey, BT36 4QZ Page 7 ## **Street Ministries** ## **Statement of Financial Activities for the period ended 31/03/25** |||||||| |---|---|---|---|---|---|---| ||**2025**|||||**2024**| ||Restricted Unrestricted
Total|||||| ||Funds||Funds|||| |Notes|£||£
£|||| |**Incoming Resources**||||||| |**Grant**|12,125.00||0.00 12,125.00|||0| |**Other Income**||0.00|5,948.92||5,948.92|7,686| |**Total Income**|**12,125.00**||**5,948.92 18,073.92**|||**7,594**| |||||||| |**Expenditure**||||||| |**Charitable Activities**|10,805.40|||0.00 10,805.40||4,778| |**Administrative Expenses**||0.00||760.12
760.12||840| |**Total Expenditure**|**10,805.40**|||**760.12**
**11,565.52**||**5,618**| |||||||| |**Net Incoming/(Outgoing) Resources**|1,319.60||5,188.80
**6,508.40**|||**1,976**| |||||||| |**Net Movement of Funds in the Period**|1,320||5,189
6,508|||1,976| |||||||| |||||||| |||||||| There are no recognised gains or losses other than the profit or loss for the above financial yea All activities relate to continuing operations Page 8 ## **Street Ministries** ||||| |---|---|---|---| |**Balance Sheet**|||| |**As at 31/03/25**|||| ||||| |**2025**|||**2024**| |**Notes**
£||£|| |**Fixed Assets**|||| |Tangible Assets||0.00|0| ||||| |**Current Assets**|||| |Debtors|0.00||0| |Cash at bank and in hand|10,193.67||6,685| ||10,193.67||| |**Creditors: amounts falling due**|||| |**within one year**|1,440.00||4,440| ||||| |**Net Current Assets**||8,753.67|2,245| ||||| |**Total Assets less current liabilities**||8,753.67|2,245| ||||| |**Creditors: amounts falling due**|||| |**after more than one year**|||| |Deferred grant income||0.00|0| ||||| |**Net Assets**||**8,753.67**|**2,245**| ||||| |Capital and Reserves|||| |Reserve Fund||2,245.27|0| |Movement of Funds||6,508.40|2,245| |**Total Funds**||**8,753.67**|**2,245**| ||||| ||||| ||||| The trustees' statements are shown on the following page which forms part of this Balance Sheet Page 9 ## **Street Ministries** ## **Balance sheet (continued)** **Trustees' statement for the year ended 31/03/25** In approving these financial statements as trustees of the charity we hereby For the year ending 31/03/25 the charity was entitled to exemption from au That no notice has been deposited at the registered office of the charity requesting that an audit be conducted for the year ended 31/03/25 Trustee's responsibilities; •The members have not required the charity to obtain an audit of its accoun year in question, •The trustees acknowledge their responsibilities for complying with the requ of the Charity Act 2008 with respect to accounting records and the preparat accounts The financial statements were approved by the Committee on 2 November 2 signed on its behalf by Signature Name Justin McMinn Page 10 ## **Street Ministries** ## **Notes to the financial statements For the year ended 31/03/25** ## **1. Accounting Policies** ## **1.1 Accounting convention** The financial statements are prepared under the historical cost convention and follow the recommendations in 'Accounting and Reporting by Charities: Statement of Recommended Practice' issued in 2005 The charity has taken advantage of the exemption in FRS1 from the requirement to produce a cashflow statement because it is a small charity ## **1.2 Incoming resources** Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. Gifts donated for resale are included as income when they are sold. Donated assets are included at the value to the charity where this can be quantified and a third party is bearing the cost. The value of services provided by volunteers has not been included. Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable. ## **1.3 Resources Expended** Resources expended are recognised in the year in which they are incurred. Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements. ## **1.4 Tangible fixed assets and depreciation** Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: Plant and machinery 25% straight line Fixtures, fittings and equipment 33% straight line Motor vehicles 25% straight line Page 11 ## **Street Ministries** ## **Notes to the financial statements For the year ended 31/03/25** ## **1.5 Pensions** The total amount paid as pension contributions during the year was £0. |||| |---|---|---| |**2.**
**Grant Income**||| ||**2025**|**2024**| ||£|£| |Government and other Grants|12,125|0| |||| |**3.**
**Operating gain/(defcit)**||| ||**2025**|**2024**| |Operating gain is stated after charging:|£|£| |Depreciation and other amounts written of|0|0| |
Accountant's remuneration|720|720| |||| |**4.**
**Employees**||| ||**2025**|**2024**| |Number of employees||| |The average monthly number of employees||| |(excluding Directors) during the year were:|0|0| |||| |**Employment costs**||| |||| ||**2025**|**2024**| ||£|£| |Wages and salaries|0|0| |Social security costs|0|0| |Other pension costs|0|0| ||0|0| |||| |||| |||| |||| |||| Page 12 ## **Street Ministries** ## **Notes to the financial statements For the year ended 31/03/25** ||||||**For the year ended**|**For the year ended**|**31/03/25**||||| |---|---|---|---|---|---|---|---|---|---|---|---| ||**5. **|**Tangible Fixed Assets**|||||**Fixtures,**||||| |||||||**IT & Ofce**|**fttings and**|**Motor**|||| |||||||**Equipment**|**equipment**|**vehicles**|**Total**||| |||||||£|£|£||£|| |||**Cost**|||||||||| |||At 1 April 2024||||0|0|0|||0| |||Additions||||0|0|0|||0| |||At 31 March 2025||||0|0|0|||0| |||**Depreciation**|||||||||| |||At 1 April 2024||||0|0|0|||0| |||Charge for the year||||0|0|0|||0| |||At 31 March 2025||||0|0|0|||0| |||**Net book values**|||||||||| |||At 31 March 2025||||0|0|0|||0| |||At 31 March 2024||||0|0|0|||0| ||**6. **|**Debtors**||||||**2025**|||**2024**| |||||||||£|||£| |||Grant Debtors||||||0|||0| |||Other Debtors||||||0|||0| |||Prepayments||and accrued income||||0|||0| |||||||||0|||0| ||**7. **|**Creditors: amounts falling due within one**|||||**year**|**2025**|||**2024**| |||||||||£|||£| |||Trade creditors||||||3,000|||0| |||Other Creditors||||||1,440|||840| |||Other taxes and social security||||costs||0|||0| |||Accruals and||deferred|income|||0|||0| |||||||||4,440|||840| Page 13