COMPANY REGISTRATION NUMBER: N1655540
CHARrrY REGISTRATION NUMBER: NIC108664
Our Social Space Ltd
Company Limited by Guarantee
Flnanclal Statements
31 March 2025

Our Social Space Ltd
Company Limited by Guarantee
Statement of Financial Activities
Year ended 31 March 2025
2025
Restricted
funds
2024
Total
funds
Note
Unrestricted
funds
Total
funds
Income and endowments
Donation and legaoes
Chantable activrties
7.308
7.308
60
7,250
3.390
Total Income
7.368
7,368
10.640
Expendlture
Expenditure on chantable
acts'vities
5.875
1.710
7.585
8,352
Total Expéndlturo
5.875
1.710
7,585
11,903
Net Income and net movement
In funds
1,493
1.710
17
2,288
Reconclllatlon ol fund•
Total funds broughl forward
2700
2.799
511
Total funds Garrlod lorward
1.592
2,582
2.799
Tho notos on pag?s 11 to 16 fonn part ol these flnanclal statements.
Trusfee5' Annuol Report & Finonciol Stotemen¢5
Poge9of 16

Our Social Space Ltd
Company Llmlted by Guarantee
Balance Sheet
Year ended 31 March 2025
2025
2024
Not•
Current Asset
Cash al bank and In hand
Debtors
2.782
2799
11
Creditors.. amount falling due *ithln one
year
12
200
INII)
Net Current Assets
Net Asset
Funds of th• charity
Restncted funds
2,700
99
Unresth'cted funds
1.592
Total charlty funds
2,582
2,799
In approving Ihese financial stal8ments as directors of the company we hereby confimi..
The ￿jMpanY was enkntled lo exemptK)n from audit under seth'on 477 of the Companies Act 2006 relaling to
Small companies.
The members have not roquired the company io obtain an audil in accordance with section 476 of Ihe
Companies Act 2CKI6.
The Board of Trustees acknovAedge thelr responsibllilles lor complying wrlh the requirements of the
Companios Acl 2006 with rospect to accounling records and preparallon of the accounts.
These accounts have been prepared in accordance with the provisions appllcable to small companies
subject lo the small companies regim8 and In accordance wilh SORP 102.
These financlal stslement5 were approved by the board ol truslees and authorlsed lor Issues on 11
Seplember 2025, and are slgned on behalf of the board by.
r R TLJrner
Trustee
Ms H McKenna
Trustee
The notos on pages 11 to 16 fomi part of these flnanclal statements.
Trustees, Annuol Report & Finonciol 5totement5
Page Ioof 16

Our Social Space Ltd
Company Limlted by Guarantee
Notes to the financial statements
Year ended 31 March 2025
General Infonnation
The company Is a prtvate company Ilmlted by guarantee, reglslered In Northem Ireland. The address
of the registered office is 74 Sunnyside Street, 88lfast. BT7 3EF.
Statemènt of Compllance
The financial statements have been prepared in compliance with FRS 102. The Financial Reporting
Standard applicable in the UK and Republic of Ireland., the Statement of Recommended Practice
applicable to Chartties preparing their accounts in accordance with the Financial Reporting Standard
appliable in the UK and Republic of Ireland {FRS 102) (Charitles SORP (FRS102)) and the Companles
Act 2006.
Accountlng pollcles
Basls ol pr•paratlon
The financsal statements have been prepared on the hislorical cost basis. as modified by the
revalUat￿n of certain financial assets and liabilities and investment properties measured at fair value
Ihrough income or expenditure.
The financial ststements are prepared in sterling. which is the functional currency of the entity.
Golng concern
There are no material unc8rt2ints.es 8b)ut the charitys ability to contlnue.
Judgements and koy sourc•s of •¥tlmallon uncertalnty
The preparat*M of the finandal stalements requires management to make judgements, estlmates and
assumpbons that affect the amounts reported. These estimates and iudgemenls are continually
reviewed and are based on experience and other factors, including expectslions of future events that
are believed to be reasonable under the clrcumstances.
Fund accountjng
Unfestrithd funds are available for use at the discretlon of Ihe trust888 to lurth8r any of the charivs
purposes.
Deslgnaied lund8 are unreslrtcled fvnd8 earmarked by the Injslees for partkular future project or
commitment.
Restricted funds afe Sublecied to rostricb'ons on thelr expenditure dedared by Ihe donor or through
the lerm8 of an appeal. and fall Inlo one ol hvo 8ub<lasses'. restricted Income funds or endowment
lunds.
Incomlng r•sourc•s
AJI Incorning res¢)urces are Included In the stslemenl ol financl81 activities when entittement has
passed to the Charity., rt is probable that the economic benefits assc¢laled with the transaction will flow
lo Ihe charty and Ihe amounl be rellabty measured. The followlng speclllc policles are applied lo
particular categories ol income..
income from donalions or grants Is recognised when there is evidence of entitlement to the gift.
receipi Is probable and its amount can b8 measured reliabty.
rru5tees' Annuol Report & Finonciol Stotements
Poge 110116

Our Soclal Space Ltd
Company Llmited by Guarantee
Notes to the financial stalements (contlnued)
Year ended 31 March 2025
3. Accounting pollclos (continued)
InGomlng rosour¢es (contlnued)
legacy income is recognised vthen receipt is probablo and entitlement is estsblished.
income from donated goods is measured at the fair value of the goods unless this is impractical
to measure reliably, in which case the value is derived from the ￿$t to the donor or the esbmaled
resale value. Donated facilities and services are recognised in the a¢¢ounts when receNed if the
value can be reliably measured. No amounts are included for the contribution of general
volunteers.
income from contracts for the supply of services is recognised viith the delivery of the contracted
service. This is classified as unrestn'cted funds unless there is a ￿ntractUal requirement for it to
te spent on a particular purpose and ￿turned rf unspent, in which case it may be regarded as
restncted.
Resources •xpanded
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure indudes any VAT
which Gannol be fully recovered. and is classified under headings of the statement of financial activities
to which it relates:
exp8ndrture on raising lunds inc4udes the costs of all fundraising activities. 6venls. non-chantable
trading athvib'es. and the sale of donated gooLIs.
expendrture on charitable activities Indudes all costs incurrod by a charity in undertaking activities
that further rts charitable alms for the bonefil of its bOner￿arles. including those support costs and
costs relating to the govemance of the charity aPpo￿.0ned to charilable activities.
other experKliture Includes all expendrture that is neilher related to raising funds for the charity nor
part of its expenditure on charitable aclivibes.
All costs are allocated lo expenditure categorles reflecting the us8 ol the resource. Direct costs
attributable to a Single athvity are all¢xaled directly lo that aclivity. Shared costs are apportioned
belween the a￿vItIeS they contribute to on a reasonable, justifiable and consislont basis.
Flnanclal Instrum•nt•
A financlal asset or a finan¢lal liabllily Is reco9nlsed only when the charity become8 a party to the
rL)ntradual provislon8 ol the InstrumenL
Baslc finanoal instruments are inllially fecffjnlsed al the arnounl recelvable or payable including any
related transaction cosi8.
Current a88et8 and ￿rren1 Ilabilltl88 are subsequently measured al the cash or other considerallon
expocted to be paid or raceived arK1 not discounted.
Debt instruments are subsequently measured at 8mortis8d cost.
Where Investments In shares are publldy traded or thelr lalr value olhetwise be measured reliably.
Ihe investment is subsequently measured al fair value wilh chang85 in fair value recognised in income
and expendilure. Al oiher such investments are subsequenuy measured at cosl less impairment.
Tru5tees' Annuol Report & Finonclal Stotements
Page 12 of 16

Our Social Space Ltd
Company Limited by Guarantee
Notes to the financial statements (contlnued)
Year ended 31 March 2025
3. Accounting pollcies (continued)
Flnancial instruments (continued)
Other financial instnjments, including denvatives. are initially recognis8d at fair value, unless payment
for an asset is deferred beyond normal business terms or financed at a rate of inlerest
that is not a market rate. in which case the asset is measured at the present value of the future
payments discounted al a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in
the statement offinancial actsvibes. V￿th the excepbon of hedging instruments in a designated hedging
relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of
impairment at the end of each reporting date. If there is objective evidenc8 of impairment. an
impairmenl k)ss is reco3nised under the appropnate heading in the ststement of financial activities in
which the initial gain was recognised.
For all equty instruments regardless of signffjicance. and other financial assets that are indNidually
significant, these are assessed individually for impairment. Other financial assets are eilher assessed
individually or grouped on the basis of similar credit risk characterisbcs.
Any ￿VersalS of impairment are recognised immediately. lo the exlent that the reversal does not resull
In a carying amount of the finanual asset that exceeds what the carying amount would have been
had the impairm8nt not Pf8VK)usly been reccgnised.
D•fin•d contrlbutlon plan•
Contributions to defined contnbution plans are recognised as an expense In the perlod In whlch the
related service is provided. Pfepaid contributions are recognised as an asset lo the extent that the
prepayment will lead lo a Teductson in luture payments or a cash refijnd.
When contributs'ons are nol expeded lo be settled wholly within 12 Months of the end of the rep)rting
date in whlch the employees render the related servlce, the Ilabllity is measured on a dlscounled
presenl value basi6. The unwinding ol the disc¢yJnl is recognised Bs an expense in Ihe penod in which
il arises.
Umltsd by guar•nte•
The company is an Incorporated company lirniled by guaranlee wilh charitabla stalus. The Ilability of
the members Is limlted to £1 per member.
Trustees. Annual Report & Finonciol Slofements
Page 13of 16

Our Social Space Ltd
Company Limiled by Guarantee
Notes to the financial statements (contlnued)
Year ended 31 March 2025
Donatlons and legacies
Unrestrlcted
Fund$
R•strlct•d
Funds
Total
Funds
2025
Donatlons
Donabor
7,308
7.308
Grant Income
Halrfax Foundation
Unrestrfcted
Funds
Restricted
Funds
Total
Funds
2024
Donatlons
Donat￿nS
7,250
7.250
Grant Income
Halrfax Foundabon
3.300
3,300
7.250
3.300
10.550
Charftabl• a¢tlvltl••
Unr•strlct•d
Funds
R•strlct•d
Fund•
Tolal
Fund•
2025
Setvic
60
60
Unr6slrlcted
Funds
Restricted
Funds
Total
Funds
2024
Services
Tfustees'Annual Report & Finonciol Siotements
Poge 14of 16

Our Social Space Ltd
Company Limited by Guarantee
Notes to the financial statéments (contlnued)
Year ended 31 March 2025
Expendlture
Unr•$trlct•d
funds
Restrlcted
funds
Total
funds
2025
Salary
Teacher Fees
Rwm Hire
Audit Fees
Memberships
Insurance
8ookkeeping
Websitelmarketing
Raising Funds
Other
1.930
1.050
1.930
1.590
1.170
200
267
509
21
206
366
1.326
540
1.170
200
267
21
206
366
1.326
5.875
1.710
7,585
Unrestricted
Fund3
Restricted
Funds
Total
Funds
2024
Salary
Teacher Fees
Room Hire
Audit F8es
Memberships
Insurance
Bookkeeplng
Websltelmarketlng
Raising Funds
Olher
3.107
1,780
1,360
3.107
2,140
360
240
95
1.008
95
1.008
367
367
Total Exp•ndltur•
600
8,352
Taxatlon
The charity is a registered charity and18 therefore exempi Irom iaxallon.
Numb•r of •mploy•••
The average number ol employees durlng Ihe year woro as lollows:
pOn￿j No.
Penod No.
2025
2024
No employee recelvod employee benefils ol more than £60,000 durln9 the year (2025.. Nil).
Trustee5' Annuol Report & Finonclol Stotements
Poge15of 16

10
Trustee remunerations and expenses
The Trustees r8¢eived remunoration lotalling £0 during Ihe year. The Trustees had no expenses
reimbursed in the year.
11
Dèbtors
12
Credltors: amount falling due wlthln one year
2025
2024
Trade creditors
200
13
Penslon and other post retlrement beneffts
Defined contributlon plans
The amount recognised in income or expenditure as an expense in relabon lo defined contribution
plans was £Nil.
14
Future flnanclal commltments
The company is currently in a fent-free period (io be reviewed Apnl 2025).
nual rent wiu be £7,000.
Trustees, Anntsol Report & Finonclol Siolemenls
Po9e 1601 16