BELFAST PRIDE LIMITED
{Private company limited by guarantee without share capital}
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR YEAR 30 SEPTEMBER 2023
STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING THE INCOME AND EXPENDITURE
ACCOUNT
Year to
30-Sep-23
TOTAL
Year to
30-Sep-22
TOTAL
Unrestricted Restricted
Funds
Funds
Note
Income from:
Donations and Legacies
Charitable Activities
172.967
13,040
172,967
43,039
109.512
17,528
29,999
Total Income
186,007
29.999
216,006
127.041
Expenditure on:
Charitable Activities
123,031
20.220
143,251
100,700
Total Expenditure:
123.031
20,220
143,251
100,700
Net income/(Expenditure)
62,976
9,779
72.755
26,341
Transfers between funds
Net movement in funds
62,976
9,779
72,755
26,341
Reconciliation of Funds
Total funds brought forward
28,234
(812)
27,422
1,081
Total Funds carried forward
91,210
8,968
100,177
27.422
The statement of financial activities include5 all gains and losses recogni5ed in the year.
All incoming resources and resources expended derive from continuii
The statement of financial activities also complies with the requirements for an income and
expenditure account under the Companies Act 2006.
The notes on page 10 to 15 form and integral part of these accounts

BELFAST PRIDE LIMITED
(Private company limited by guarantee without share capital)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR YEAR 30 SEPTEMBER 2023
BALANCE SHEET
As at 30 September 2023
2023
2022
Fixed Assets
Tangible Assets
Current Assets
Debtors
Cash at bank
7,500
92,978
100,477
3,088
26,941
30,029
Liabilities
Creditors: arnounts falling due wr(hin on
(3(JJ}
(2,607)
Net Current Asset5
100,177
27,422
Net assets
100,177
27.422
Funds
Restricted
Unrestricted
11
11
8,968
91,210
{812)
28,234
TOTAL FUNDS
li
100,177
27,422
The company is entitled to the exemption from the audit requirement contained in section 477 of
the Companies Act 2006. for the year ended 30 September 2022.
The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting
records which comply with section 386 of the Art and for preparing financial statements which give
a true and fair view of the state of affairs of the company as at the end of the financial year and of
its incoming resources and application of resources, including its income and expenditure. for the
financial year in accordance with the requirements of sections 394 and 395 and which otherwise
comply with the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.
The members have not required the company to obtain an audit of its financial statements for the
year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies regime.
The financial statements were approved by the board directors on 1910612024 and were signed
on their behalf by:
Kirsty P. Mullholland
Trustee
The notes on page 10 to 15 form and integral part of these accounts

BELFAST PRIDE LIMITED
(Private company limited by guarantee without Share capitall
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR YEAR 30 SEPTEMBER 2023
NOTES TO THE ACCOUNTS
l Accounting policies
Charity information
Belfast Pride limited by guarantee incorporated in Northern Ireland. The registered office is: 109-
113 Royal Avenue, Belfast, Northern Ireland. BTI IFF.
1.1 Accounting convention
The accounts have been prepared in accordance with the charity's governing document, the
Companies Act 2006 and "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)" (as amended for
accounting periods commencing from l January 2019). The charity is a Public Benefit Entity as
defined by FRS 102.
The charity ha5 taken advantage of the provisions in the SORP for charities applying FRS 102
Update Bulletin I not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity.
Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to
include the revaluation of freehold properties and to include investrnent properties and certain
financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that
the charity has adequate resources to continue in operational existence for the foreseeable
future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the
financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their
charitable objectives unless the funds have been designated for other purposes.
Restricted funds are subject to specific conditions by donors as to how they may be used.
1.4 Incoming resources
Income is recognised when the charity is legally entitled to it after any performance conditions
have been met, the amounts can be measured reliably, and it is probable that income will be
received.
io

BELFAST PRIDE LIMITED
(Private company limited by guarantee without share capital)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR YEAR 30 SEPTEMBER 2023
NOTES TO THE ACCOUNTS {continued)
1.4 Incoming resources (continued)
Cash donations are recognised on receipt. Other donations are recognised once the charity has
been notified of the donation, unless performance conditions require deferral of the amount.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the time of the donation.
Turnover is measured at the fair value of the consideration received or receivable and represents
amounts receivable for goods and services provided in the normal course of business, net of
discounts, VAT and other sales related taxes.
1.5 Resources expended
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure. it is probable that a transfer of economic benefits will
be required in settlement and the amount of the obligation can be measure reliably.
Expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all cost related to the category.
The charity is below the charity audit threshold and therefore is exempt from reporting
expenditure on an activity basis. The charity has opted to report by the nature of expenditure
rather than on an activity basis.
1.6 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term
liquid investments with original maturities of three months or less, and bank overdrafts. Bank
overdrafts are shown within borrowings in current liabilities.
1.7 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and
Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes
party to contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial
statements, when there is a legally enforceable right to set off the recognised amounts and there
is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously
11

BELFAST PRIDE LIMITED
(Private company limited by guarantee without share capital)
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR YEAR 30 SEPTEMBER 2023
NOTES TO THE ACCOUNTS (continued)
1.8 Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using
the effective interest method unless the arrangement constitutes a financing transaction, where
the transaction is measured at the present value of the future receipts discounted at a market
rate of interest. Financial assets classified as receivable within one year are not amortised.
1.9 Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction
price unless the arrangement constitutes a financing transaction, where the debt instrument is
measured at the present value of the future payments discounted at a market rate of interest.
Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate
method.
Trade creditors are obligations to pay for goods or services that have been acquired in the
ordinary course of operations from suppliers. Amounts payable are classified as current liabilitie5
if payrnent is due within one year or less. If not, they are presented as non-current liabilities.
Trade creditors are recognised initially at transaction price and subsequently measured at
amortised cost using the effective interest method.
1.10 Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are
discharged or cancelled.
1.11 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's
services are received.
Termination benefits are recognised immediately as an expense when the charity is
demonstrably committed to terminate the employment of an employee or to provide termination
benefits.
1.12 Critical accounting estimates and judgements
In the application of the charity's accounting policies, the trustees are required to make
judgements, estimates and assumptions about the carrying amount of assets and liabilities that
are not readily apparent from other sources. The estimates and associated assumptions are based
on historical experience and other factors that are considered to be relevant. Actual results may
differ from these estimates.
The estirnates and underlying assumptions are reviewed on an ongoing basis. Revisions to
accounting estimates are recognised in the period in which the estimate is revised where the
revision affects only that period, or in the period of the revision and future periods where the
revision affects both current and future periods.
12

BELFAST PRIDE LIMITED
(Private company limited by guarantee without share capital)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR YEAR 30 SEPTEMBER 2023
NOTES TO THE ACCOUNTS (continued)
2 Income from Donations and Le
acies
2023
2022
Unrestricted Restricted
Funds
Funds
TOTAL
TOTAL
Sales & Donations
Sponsorship & Other
Totals 2023
112,403
60,564
172.967
112.403
60,564
172,967
69,566
39,946
109,512
Totals 2022
109.512
109.512
3 Incorne from Charitable Artivities
2023
2022
Unrestrirted Restricted
Funds
Funds
TOTAL
TOTAL
Arts and Heritage Grant
Community Activity Grant
Community Festival Fund
Belfast City Council
Totals 2023
6,128
3,400
8,000
13,040
13,040
29,999
29,999
43,039
43,039
17,528
Totals 2022
17,528
17,528
4 Staff C05t5 and Numbers
2023
2022
Gross Wages and Salaries
9,515
9,515
No employee received emoluments of more than £60,000.
The average monthly number of employees during the year, calculated on the basis of full time
equivalents, was as follows:
2023
Number
2022
Number
13

BELFAST PRIDE LIMITED
(Private company limited by guarantee without share capital)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR YEAR 30 SEPTEMBER 2023
NOTES TO THE ACCOUNTS {continued)
S Ex
enditure
2023
2022
Charitable Artivities
Unrestricted Restrirted
Funds
Funds
TOTAL
TOTAL
Accountancy Fees
Equipment & Services
Insurance
727
70,589
2,403
15,775
259
19,882
6,908
451
303
5,127
608
123,031
727
70.589
2,403
15.775
259
26,194
11,908
451
303
5,127
9.515
143,251
543
39,947
1,669
10,140
634
40.485
5,904
416
302
660
Merchandise, Promotion & Other
Office Costs/ Admin Fee
Programme Costs
Rent, premises & IT
Telephone and Internet
Travel & Subsistence
Volunteer Cost
Salary costs
Totals 2023
6,312
5.000
8,907
20,220
100,700
Totals 2022
82.359
18,340
100,700
6 Trustees remuneration & expenses
During the year, one trustee received a remuneration of £NIL {2022 - £20).
During the year, no Trustees received any benefits in kind (2022 - £NIL}.
During the year, one trustees received a reimbursement of expenses of £NIL (2022 - £262.28}.
7 Debtors
2023
2022
Grants Receivable & Other
7,500
7,500
3,088
3,088
14

BELFAST PRIDE LIMITED
(Private company limited by guarantee without share capital}
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR YEAR 30 SEPTEMBER 2023
NOTES TO THE ACCOUNTS (CONTINUED)
8 Creditors: amounts fallin
due within one
ear
2023
2022
Accruals & Deferred Income
Other Creditors
300
300
2,607
2,607
9 Inde
endent examiner's remuneration
The independent Examiner's remuneration amounts to an Independent Examination fee of £360.00
(2022 - £300.00)
10 Related
transactions
There were no related party transactions during the year.
11 Statement of funds- current
ear
Balance
atl
October
2022
Income
Expense
Transfer
in/out
Balance at 30
September
2023
Restricted funds
Belfast City Council
Total restricted funds
{812)
(812)
29,999
29,999
(20,2201
(20,220)
8,968
8,968
Unrestricted funds
General funds
Total Unrestricted funds
28,234
28,234
186,007
186,007
(123,031}
(123,031)
91,210
91,210
Total of funds - current year
27,422
216,006
(143,251)
100,177
15