Northern Ireland Civil Service Sports Association Limited Financial Statements Year Ended 31 December 2025 Company registration number.. IP000088 Charity Registration Number.. NIC108854 Northern Ireland Civil Service Sports Association Limited Financial Statements Year Ended 31 December 202S Contents Page Company Information Trustees, Report Independent Audilorfs Report Statement of Financi81 Activrf(ies 4-6 10 Summary Income and Expenditure Account Balance Sheet 11 12 Statement of cash flows 13 Notes lo the Financial Statements 14-24 Northern Ireland Civil Service Sports Association Lrmited Company Information Year Ended 31 December 2025 Company reglstration number IP000088 Charity registration number NIC108854 Trustees D Ferguson Ichairpersonl M Carson (Treasurer) R Ellison T Kennedy C Alexandei Secretary GKel Registered office The Pavilion Complex Stormonl Estate Upper Newtownards Road Belfast BT4 3TA Auditovs PGM Chartered Accountants 405 Lisburn Road Belfast BT9 7EW Bankers Bank of Ireland 1 Donegall squa￿ South Belfast BT15LR Northern Ireland Civil Sep4ice Sports Association Limited Trustees, Report Year Ended 31 December 2025 The Trustee's (also known as the Association's Council) present their report and the audited financial statements for the year ended 31 December 2025. The Trustees have adopted the provisions of the Statement of Recommended Practice ISORPI "Accounting and Reporting by Charities in preparing the annual report and financial statements of the charity. Tiustees of the charfty The TTUStees who have seNed during the year and since the year end were as follows.. D Ferguson {Chairperson} M Carson (Treasurer) R Ellison T Kennedy V Russell Objgctives and activities The Association has the following objectives.. To promote amateur sport through the provision and development of sports facilities, events. activities and resources and by the provision of support lo amateur sporting groups to assist them to deliver their eharilable purposes for the wider public beneftt. To advance community development through building partnerships with the local and wider community ncluding community groups, youth organisalions, charities, schools and sports and recreation organisations to promote community engagement in amateur sports and build ￿lationShipS To improve health and wellbeing by promoting and encouraging individu81 and community use of our facilities and resources for amateur sports and recreation. To promote the efficiency and effectiveness of charities and the effective use of charitable resources by the provision of facilities and resources to other charities, including rooms for events and meetings and information and adviee. Public benefit statement NICSSA'S vision is lo make a positive difference to the lives of others by promoting community development and citizenship, by supporting participation in all foims of sport and physical activity for all ages and all levels of abilrty. It is committed to promoting community engagement and relationship building through collaborative working and partnerships with the local and wider community, and reducing the financial burden of clubs, organisations and individuals through the provision of improved and affordable facilities. Achlevements and performance (including principal risks and uncertainties. development and perfomiance and key performancg indicators} Achieved a NICSSA membership of 6809 individuals across Nl, with age breakdown as follows.. 5.50kn between aged be￿een 16-18 years.. 880/0 between 18 and retirement age.. and 6.5Yo over rets'rement age. 30 active workplace clubs with 2,736 members affiliated to these dubs. Delivered an enhanced programme of activities and events to over 950 members across thity regional clubs ranging from Cooking Experiences, Wellbeing Events, Family Fun at SplashNI and Christmas Wreath Making. Continued to work closety with the NICS in the management of the WELL Programme and delivered 393 events during the year lo 10.748 NICS employees as part of the drive to promote their health and wellbeing. Throughout 2025 we distributed prizes lo 87 members across Northem Ireland including £1,000 Hays Travel Voucher, BBQ and Various Shopping Centre Vouchers. Northern Ireland Civil Service Sports Association Limited Trustees, Report Year Ended 31 December 2025 Further developed our health and wellbeing offering through the Findout Training with an enhanced resilience programme which incorporates a physical health assessment and a one• day resilience course. The success of the programme was reflected in participation figures with 1,385 health assessments and 60 one day courses delivered in the year. Further developed our membership benefits scheme to provide an even a greater number and range of offers and discounts in oullels across the island of Ireland. Continued to play a key role in supporting local and wider community objectrves by hosting several local events al The Pavilion, Slormont, including cricket finals al all levels. football tournaments involving local business and community groups and a number of high-profile Irish hockey finals. All these events were successful in raising our profile around event management and In highlighting and promoting the facilities at the Pavilion to a local and wider community audience. Continued to play host to local community and charitable initiatives, including multi-cultural sports events, football and rugby academies, children's summer schemes and several local and UK fundraising activities which helped raise over £100,000 to supFx)rt the work of several local and UK based charities. Continued to further our ambitions lo develop the facilities in NICSSA Slormonl with the subrnission of capital funding applications lo support the implementation of phase one of the capital development project to develop an indoor sports hall. cricket infrastructure lo host international events, including the 2030 ICC men's T20 World Cup and a multi-sports 3G pitch on the sile. Financlal review The results for the year are set on pages 10 to 24 Reserves pollcy A reserves policy has been developed by the Board, proposing 8 target ol maintsining resetves equivalent to three months, operating and stsffing costs. It is recognised that current reserve levels do not align with this largel. As such, a phased approach to implementation is being adopted. Work is ongoing lo build and strengthen reserves. Projections have been prepared and indicate that th8 charity will meet the target by mid 2028. Plans for future periods NICSSA'S Board in conjunction with Its key strategic partners, covering cross border governing bodies representing Cricket, Hockey, Rugby, Tennis and Gaelic games,. and in consultstion with ils extensive base of community users. have developed a capital Strategic Programme, which aims lo deliver a large-scale signature, multi-sport capital development programme, over the next 3-7 years. The Strategic Programme would see the creation of a centre of excellence for sport and physical activity, capable of hosting a range of sports and recreational activity from grassroots to professional level. It will be a lop-¢lass destination for sport and physical recreation, with indoor and outdoor facilities lo host 16 different sports at all levels, including rugby, football, cricket, tennis, hockey, bowls and Gaelic games. These will be complernented by indoor ancillary facilities and seNices, including a health club. conference facilities and a mulli-sPQrts hall to host netball, archery, fulsal, indoor hockey. crithet, basketball, fencing, badminton, volleyball, table tennis and Special Olympics. When complete, the final Strategic Programme will include-. 22 outdoor sports pitches, catering for sports including Rugby, Football. Cricket, Hockey, Tennis. Bowls and Gaelic Games. 1 full size international covered artificial indotsr mulli-sport pitch and 1 half-size indoor covered pitch. A redeveloped main building, providing enhanced facilities, as well as an indoor sports hall, a training centre and new conferencinglhospilality spaces. New media boxes and groundskeeping facilities, providing enhanced infrastructure to support grassroots and professional sport at Stormont. Due lo ils syze and budget availability, the Strategic Programme will be separated into a number of individual phases. all of which can be standalone projects and will be subject to funding opportunits'es. Northern Ireland Civil Service Sports Association Limited Trustees, Report Year Ended 31 December 2025 structures governance and management The business of the NICSSA Charity is managed by a Board of Trustees. This Board comprises the Association's Chairman, VI￿ Chaimian and Treasurer and up lo five other members. Members of the Board shall hold office for a period of three years from appointment and shall be eligible for re-appointment and they shall be the Iruslees of the Association for the duration of their appoinlmenl. Statement of Trustees, responsibilities The Trustees (who are also directors of Northern IreLand Civil Service Sport5 Association Limited for the purposes of company lawl are responsible for preparing the Trustees, Annual Report and the financial slalements in accordance with applicable law and United Kingdom Accounting Stsndards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial slalemenls unless they are satisfied that they give a true and fair view of the stsle of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure. of the charitable company for that period. In preparing these financial statements, the Trustees a￿ required lo.. select Suitab￿ accounting policie5 and then apply them consistently.. observe the methods and principles in the Charities SORP 2019 IFRS 102)., make judgements and estimates that are reasonable and prudent., slate whether applicable UK Accounting Standards have been followed.. prepare the financial slalemenls on the going concern basis unless il is inappropriate lo presume that the charitsble company will continue in operation. The Trustees are responsible for keeping adequate accounting records that disclose with reasonable a￿￿raCY al any lime the financial position of the charitable company and enable them lo ensure that the financial slalemenls cornply with the Charities Act {Northern Irel8ndl 2008. They are also iesponsible for safeguarding the assets of the charitsble company and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the Trustees are aware.. there is no relevant audit information of which the charitable company's auditor is unaware-, and the Trustees have taken all steps that they ought to have taken lo make themselves aware of any relevant audit information and to establish that the 8udilor is aware of that information. The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may drffer from legislation in olherjurisdictions. ststement of disclosure to the audltors We. the Tiustees of the charitable company who held office at the dale of approval of these Financial Statements as sel out above each confirm, so far as we are aware, that.. there is no relevant audit information of which the charitable company's auditors are unaware.. and we have taken all the steps that we ought lo have taken as Trustees in order lo make ourselves aware of any relevant audit information and to establish that the company's auditors are aware of that information. On behalf of the Trustees Trustee 22 April 2026 Northern Ireland Clvll Servlce Sports Association Limited Independ8nt Audltor's Report Year Ended 31 December 2025 Opinion We have audited the financial slatemenls of Northern I￿land Civil SeNice Sports Association Limited Ilhe '¢harilable company'} for the year ended 31 December 2025 which comprise of the income and expenditure acGount, the balance sheet and the relevant notes lo the financial statements, including significant accounting policies. The financi81 reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Rgporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland {United Kingdom Generally Accepted Accounting Practice). In OUT opinion the f nancial statements.. gwe a true and fair view of the slate of the charitable company's affairs as at 31 De￿mber 2025 and of ils income and expenditure for the year then ended., have been pmperly prepared in accordance with United Kingdom Generally Accepted Accounting Practice", and have been prepared in a¢¢ord8nce with the requirements of Ihe Charities Act (Northern Ireland) 2008. Basis for opinion We eonducled our audit in accordance with Inte(nat￿nal Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is suffscient and appropriate lo provide a basis for our opinion. Conclusions relating to going concgrn In auditing the financial statements, we have Goncluded that the Trustees use of the going ¢oncern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating lo events or conditions that, individually or collectively. may cast significant doubt on the association's ability lo continue as a going concern for a period of al least twelve rnonlhs from when the financial statements are aulhorised for issue. Our responsibilities and the responsibilities of the Tnjslees with respect to going Concern are described in the relevant sections of this report. other Information The other information comprises the information included in the Trustees, annual report, other than the financial ststements and our auditor's report Ihereon. The Trustees are responsible for the other information contained in the Trustees, Report. Our opinion on the financial stalernents does not Cover the other information and, except to the extent otherwise explicitly slated in our Teport, we do not express any foim ol assurance conclusion thereon. Our responsibility is lo read the other infomialion and. in doing so, consider whether the other infomialion is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears lo be materially misslaled. If we identify such material inconsistencies or apparent material misstatements, we are required lo deleimine whether this gives rise lo a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information., we are required lo report that fact. We have nothing to rewrt in this regard. Northern Ireland Civil Service Sports Association Limited Independent Auditorfs Report Year Ended 31 December 202S Opinions on other matters In our opinion. based on the work undertaken in the course of our audit.. the information given in the Trustees, report for the financial year for which the financial slalements are prepared is consistent with the financial stalemenls., and the Trustees, report has been prepared in accordan￿ with applicable legal requirements. Matters on whlch we are requlred to report by exception We have nothing to report in respect of the following matters in relation to which the Charities IAG¢ounts and Reports) Regulations {Northern Ireland} 2015 require us to report lo you if, in our opinion.. the infomation given in the Trustees, report is inconsistent in any material respect with the financial statements", Of sufficient accounting records have not been kept,. or the financial statements are not in agreement with the accounting records.. or we have not obtained all the information and explanations necessary for the purpose of our audit. Responsibilities of Trustees As explained more fully in the Trustees. report set out on page 4, Trustees are responsible for the preparation of the financial slalemenls and for being satisfied that they give a true and fair view. and for such internal control as the Trustees determine is ne￿$Sary to enable the preparation of financial statements that are free from material misstatement. whether due to fraud and error. In preparing the financial stalemenls, the Trustees are responsible for assessing the charitable eompany's ability to continue as a going concern, disclosing, as applicable, matters related to going coneern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or lo ￿ase operations, or have no realists'c allemative but to do so. Auditor's reswnsibilities for the audit of the financial statements Our objectives are lo obtain reasonable assurance about whether the association's financial statements as a whole are free from material misstatement, whether due lo fraud or error. and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance. but il is not a guarantee that an audit conducted in accordance with ISAS IUKI will a￿ayS delect a material misststemenl when it exists. Misstatements can arise from fraud or error and are considered material if, individua15y or in the aggregate. they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are Instsn￿s of non-compliance wsth laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below-. Our approach lo identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and ￿gUlations, was as follows.. the engagement partner ensured that the engagement team cttlleelively had the appropriate competence, capabilities and skills to identify or recognise non4ompliance with applicable laws and regulations., we identified the laws and regulations applicable lo the association through discussions with Trustees and other management, and from our commercial knowledge and experience of the sector,. we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, such as the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015., we assessed the extent of compliance with the law$ and regulations identified above through making enquiries of managemerkl,. and identified laws and regulations were communicated within the audrt team regularly and the team remained alert to instances of non-compliance throughout the audit Northern Ireland Civil Servlce Sports Association Limited Independent Audito￿$ Report Year Ended 31 December 2025 We assessed the susceptibility of the charitable company's financial statements lo material misstatement, induding obtaining an understanding of how fraud migm occur, by.. making enquiries of management as lo where they ¢onsidered there was susceptibility to fraud. their knowledge of actual, suspected and alleged fraud". considering the internal controls in place lo mitigate risks of fraud and nonoompliance with laws and regulations. To address the risk of fraud through management bias and override of controls, we.. perfomied analytical procedures to identify any unusual or unexpected relationships,. tested journal entries to identify unusual transactions. In response lo the risk ol i￿egUlaritieS and non Taxation {Deficit) for the year 167.110) 16,434) Northem Ireland Clvll Service Sports Association Limited Balance Sheet Year Ended 31 December 2025 2025 2024 Note Fixed assets Intangible assets rangible assets 10 11 1.839 1.913.924 1,856.423 1.856.423 1,915,763 Current assets Debtors Cash at bank and in hand 12 126.533 31,106 119,169 34,868 157.639 154,037 Creditors.. amounts falllng due within ong year 13 1154,3541 1132,5521 Net current assets I Iliabilitiesl 3,285 21.485 Total assets less current liabilities 1,859,708 1.937.248 Creditors: amounts falling due after more than one year 14 12,6511 {13.0911 Net assets 1,857,057 1,924,157 Capital and reserv9$ Reslricled funds Unrestricted funds 15 15 404,962 1.452,095 490,402 1,433,755 Total reserves 1,857,057 1,924,157 The financial statements were approved and authorised foT issue by the TrtJstee5 on 22 April 2026. Signed on behalf of the Trustees.. rsoo D Ferguson Chairperson M Carson Treasurer Secielary The notes on pages 14 to 24 form part of these financial statements. Company registration number.. IP000088 12 Northern Ireland Civil Service Sports Association Limited ststement of cash flows Year Ended 31 December 2025 2025 2024 Cash flow from operating activities 19 24,077 29,280 Cash flow from investing activities Payments to acquire tangible fixed assets Interest received 118.005) 1,104 145.093} 1,538 Net ¢ash flow from invesling actlvltles {16,9011 143,5551 Cash flow from financing activitigs Repayment of long term loans Interest paid Movement in share capital 110,183) 1765) 10 148,771} (2,4891 20 Ngt cash flow from financing activitios {10,9381 151,2401 Net (decrease) I Increase in ¢ash and cash equFvalents {3.762) {65,5151 Cash and cash equivalents at 1 January 2025 34,868 100.383 Cash and cash equivalents at 31 December 2025 31,106 34,868 Cash and cash equivalents consists of: Cash at bank and in hand Short term deposits 31,106 34,868 Cash and cash equlvalents at 31 December 2025 31.106 34,868 13 Northern Ireland Civil Servic8 Sports Association Limited Notes to the Financial Statements Year Ended 31 December 2025 Summary of significant accounting policies lal General information and basis of preparation Northern Ireland Civil servi￿ Sports Association Limited is established under the Co-operative and Community Benefit Societies Act (Northern Ireland) 1969. The Associatron is registered as a mutual society with the Financial Conduct Authority and as a charity from the 24 November 2022 with the Charity Commission for Northern Ireland. The address of the registered office is given in the company information on page 3 of these financial slatemenls. The share capital of the Association consists of shares with a value of 5p, with members of the Association holding up to a maximum of 5 shares each. On ceasing to hold membership. the shares are forfeited and the value of the shares is transferred to a capital reserve Inoles 171. The financial statements are presented in steJ1ing which is the fvnclional currency of the association. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporbng Standard applicable in the UK and Republic of Ireland issued in October 2019. the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, the Charities Act (Northern Ireland) 2008 and UK Generalty Accepted Accounting Practice. The financial statements are prepared on a going coneem basis under the historical cost convention. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £1. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consislenlly applied lo all years presented unless othetwise slated. Ibl Funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with Specif￿ restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial stslements. (c) Income recognition All incoming resources are included in the Slalemenl of Financial Activities ISOFAI when the charity is legally entilled to the income after any performance conditions have been met. the amount can be measured reliably and il is probable that the income will be re￿ived. For donations to be recognised the chaTty will have been rsoliffed of the amounts and the settlement dale in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtsined then income is deferred until those conditions are fully mel or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled. Donated facilities and donated professional services are recognised in income al their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example, the amount the ¢harity would be willing lo pay in the open market for such facilities and services. A corresponding amount 1$ reeognised in expenditure. 14 Northern Ireland Civil Service Sports Association Limited Notes to the Financlal Statements Year Ended 31 December 2025 (c) Income recognition (continued} No amountls included in the financial statement$ for volunteer time in line wlh the SORP. Further detail is given in the Tru5tees' Annual Report. Where practicable, gifts in kind donated for distribution to the beneficiaries of the charity are included in stock and donations in the financial statements upon receipt. If il is impracticable to assess the fair value at receipt or if the costs to undertake such a valuation OU￿e1gh any benefits, then the fair value is recognised as a component of donab'ons when it is distributed and an equivalent amount recognised as charitable expenditure. Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity- Income is received in exchange for supplying goods and setvices in order to raise funds and is recognised when entr(lement has Occu￿ed. The eharity receives govemment grants in respect of projects. Income from government and other grants are reeognised al fair value when the charity has enti1Sement aftei any perfomiance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not mel then these amounts are deferred. {dl Expenditure recognition Ail expenditure is a¢¢ounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments lo third parties. il is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings.. Costs of raising funds includes the cost of wage5 and Expenditure on charitable activities includes direct project costs., and Other expenditure represents those items not falling into the categories alx)ve. lffecoverable VAT is charged as an expense against the activity for which expenditure arose. Grants payable to third parties are within the charitable objeclNes. Where unconditional grants are offered, this is accrued as soon as the recipient is notified of the grant. as this gives rise to a reasonable expectation Ihal the recipient will receive the grants. Where grants are condit￿nal relating lo performan￿ then the grant is only accrued when any unfulfilled conditions are outside of the control of the charity. (e) Support co¥ts allocation Support costs are those that assist the work of the charity bul do not directly represent charitable activities and include office costs. governance costs, administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity and include project management carried out al Headquarters. Vvhere support costs cannot be directly attributed to particular headings they have been allocated lo cost of raising funds and expenditu￿ on charitable actwities on a basis consistent with use of the resources. Premises overheads have been allocated on an apportioned area basis and other overheads have been allocated on a time spent basis. Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. The analysis of these costs is included in note 7. 15 Northern Ireland Civil Service Sports Association Limited Notes to the Financial Statements Year Ended 31 December 2025 (fj Intangible assets Intangible assets acquired separately from a business are capilalised at cost. Intangible assets acquired on business combinations are capitalised separatety from goodwill if the fair value can be measured reliably on initial recognition. Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent that the technical. commercial and financial feasibility can be demonstrated. Intangible assets are amortised on a straight line basis over their useful lives. The useful lives of intangible assets are as follows". Intangibl8 type Usefvl life Find Oul Brand 10 years Provision is made for any impairment. (g) Tangible fixed assets Tangible fixed assets are ststed al cost (or deemed costl less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the assel Capable of operating as intended. Depreciation is provided on all tangible fixed assets, at rates calcu12ted lo write off the cost, less estimated residual value, of each asset on a syslemalic basis over its expected useful life as follows.. Buildings Assets under construction Plant and equipment Vvebsites and booking systems. Remaining licence term lo July 2051 5- 12.5 years 3-10years The useful life of property and structural improvements was reviewed from 1 January 2023. with depreciation rates amended at that time lo the femaining lease tem) of 27.5 years to July 2051. Ihl Debtors and creditors roceivable I payable within one year Debtors and creditors with no slated interest rate and receivable or payable within one year are recorded at transaction price. Any losse5 arising from impaimient a￿ recognised in expenditure. 11} Loans and borrowings Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective Inte￿St rate methcxj. less impairment. If an arrangement constitutes a finance transactK)n it is measured al present value. U) ImpaSmient Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet dale. If such indication exists, the recoverable amount of the asset or the asset's cash generating unil, is estimated and compared to the carrying amount. Vthere the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried al a revalued amount where the impairment loss is a r8valuabon decrease. 16 Northern Ireland Civil Sorvice Sports Association Limitsd Notes to the Financlal Statements Year Ended 31 December 2025 Ikl Provisions Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an ouffiow of economic benefits will be required in settlement and the amount can be reliably estimated. 111 Tax The charity is an exempl charity within the meaning of Schedu￿ 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore il meets the definition of a charitable company for UK corporation tax purposes. Im) Employee benefits en employees have rendered service lo the company. short-term employee benefits to which the employees are entitled are recognised al the undiscounted amount expected to be paid in exchange for that service. The company operates a defined contribution plan foT the benefit of its employees. Contributions are expensed as they become payable. {n) Going concern The financial statements have been prepared on a going eoneem basis as the Trustees believe that no materi81 uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reseNes for the charity to be able lo continue as a going concern. lo) Key accountlng estimates and Judgements In the application of the Assoaation's accounting policies, the Trustees are required lo make judgements. estimates and assumptions about the carying 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 estimates and underlying assumptions are reviewed on an ongoing basis. Revision 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. Northern Ireland Civil Service Sports AssoG4ation Limited Notes to the Financial Ststements Year Ended 31 December 2025 staff costs and employee benefits The average monthly number of employoes during the year was as follows.. 2025 Number 2024 Number Raising funds Charitable activities Governance 21 23 The total staff Gosts and employee benefits were as follows.. 2025 2025 Unrestricted Restricted 2025 Total 2024 Totsl Wages and salaries Social security Defined contribution pension costs 460,270 51,464 36.980 122,579 582,849 14.706 66,170 8,326 45,306 549,686 51,408 41,880 548,714 145,611 694,325 642.974 The number of employees who received tot81 employee benefrts {ex¢luding employer pension costs) of more than £60,000 Is as follows.. 2025 Number 2024 Number £60,001- £7a,000 £70,001- £80,000 £80.001- £90,000 Trustees. and key management personnel remuneratlon and expenses The Twslees neither received nor waived any remuneration during the year12023'. £Nill. The total amount of employee benefits received by key management personnel is £221,329 {2024 - £218,913). The Trust considers ils key management personnel comprise the senior rnanagement team. No Trustees are accruing pension arrangements {2023 - None). The Trustees did not have any expenses reimbursed during the year (2023 - £Nill. 18 Northern Ireland Civil Service Sports Association Limited Notes to the Financial Statements Year Ended 31 December 2025 Income from donations and legacies 2025 2025 Unrestricted Restrlcted 2025 2024 Job start grant VVELL grant 1.736 102.000 102,000 102,000 102.000 102,000 103.736 Income from charftable actlvltles 2025 2025 Unrestricted Restricted 2025 2024 NICSSA Subscriptions Gift Aid NICSSA Gym subscriptions Activ classes VWELL courses Facilib'es charges Sundry income Findout income Play ball income 365,366 65,664 61,995 4,091 142,892 107,788 17.164 42.920 227.669 365,366 65,664 61,995 4,091 142.892 107.788 17,164 42.920 227,669 374.104 13.879 53,728 3,653 108,443 124,075 11,629 60,578 241,943 1,035,S49 1.035,549 992,032 Income from investments 2025 2025 Unrestrlcted Restricted 2025 2024 Interest- deposits Other interest 537 567 $37 567 1.538 1,104 1,104 1,538 19 Northern Ireland Civil Service Sports Association Llmited Notes to the Financlal Statements Year Ended 31 December 2025 Analysis of expenditure on charitable activities 2025 2025 Unrestricted Restricted 2025 2024 Charitable actfvities Staff costs Inole 21 Direct project costs Rent & Rates Heal. Light & Power Repairs & Maintenance Room Hire Travel & hosprtalty Staff training Printing postage & stationery Telephone & IT costs Professional fees Bank & card fees Insurance Sundry expenses Irrecoverable input VAT 548,714 114,742 8,719 54,824 79.426 10.000 5,421 4,001 1,466 13,392 1,460 7.199 36,054 12,248 21,151 145,611 28,242 694,325 142,984 8.719 54,824 79,426 10,000 5,421 4,001 1,466 13.392 1,460 7,199 36,054 12,248 21.151 642,974 128,263 8,177 44,946 78.828 10,000 7,000 3,084 1,466 11.886 10.461 6,826 26,406 7,254 17,069 918.817 7a 173.853 1,092,670 1,004.640 Alloeatlon of support C08ts Audit & Accountancy fees Depreciation & amortisalion Loan interest Payable (note 8) 11,915 63.758 765 11.915 77.345 765 12,250 79,135 2,489 13,587 76,438 13,587 90,025 93,874 995,255 187,440 1,182,695 1,098,514 Raising fund$ Marketing & Advertising 23,068 23,068 5,226 T¢)tal charitable activity costs 1,018,323 187,440 1,205,763 1.103,740 Interest payable and similar oxpenses 2025 2024 Bank loans and over¢Yrafts 765 2,489 765 2.489 Auditor's remuneratlon The auditor's remuneration amounts to an audit fee of £8,00012024 - £ 5.7501 and accountancy se￿l¢eS of £5.915 {2024 - £6.5001. 20 Northèrn Ireland Civil Service Sports Association Limited Notes to the Flnanclal Statements Year Ended 31 December 2025 10 Intangible fixed assets Find Out Brand Cost: Al 1 January 2025 Additions Al 31 December 2026 18,399 18,399 Amortisation". Al 1 January 2025 Charge for the year Al 31 December 2025 16,560 1.839 18,399 Net book value: At 31 December 2025 Al 31 December 2024 1.839 11 Tangible fixed assets Assets under construction Pavlllon development Outdoor surfaces and equipment Other equlpment & website costs Total Cost or valuation.. Al 1 January 2025 Additions Disposals Al 31 December 2025 363,870 2,479,092 2,158,941 7,622 29.103 2.137,460 218.337 5,220.040 10,383 18,005 29,103 228.720 5.208,942 363,670 2.479,092 Depreciation.. Al 1 January 2025 Charge for the year On disposals Al 31 December 2025 1.541,393 35,385 1,577,890 27,931 129,1031 1,576,718 186,833 3,306,116 12,190 75,506 29,103 199,023 3.352.519 1.576,778 Net book value.. At 31 December 2025 383,870 902,314 560.742 29.697 1,856,423 At 31 December 2024 363.670 937,699 581,051 31,504 1.913,924 Assets under construction consist of the costs of the new facility development incurred lo date. No depreciation will be charged until the project is complete. 21 Northern Ireland Clvll Service Sports Association Limited Notes to the Financial Statements Year Ended 31 December 2025 12 DebtOTS 2025 2024 Trade debtors NICS Social Club share of bounce-back loan P￿paYments and accrued income 39.136 6.546 80,851 61,130 11,637 46,402 126,533 119,169 13 Credltors: amounts falling due wilhin one year 2025 2024 Bank loans and overdrafts Trade creditors Amounts owed to NICS Social Club Corporation tax Other tax and social security Accruals 10N40 63.062 5.190 165 25,424 50,073 10,183 64,080 10,162 165 23,161 24,801 154,354 132.552 14 Creditors: amounts falling due after rnore than one year 2025 2024 Bank loans and overdrafts 2,651 13,091 2,651 13,091 Northern Ireland Civil Service Sports Association Limited Notes to the Financial Statements Year Ended 31 December 2025 15 Fund reconciliation Unrestricted funds Balance at 1 Jan 2025 Gain$ I Balance at Expenditure Ilossesl 31 Dec 2025 Income Share capital {note 16al Capital reserve (note 16bl General unrestricted funds 1,372 1471 3,365 47 1,429,018 1,036,653 11,018,323) 10 1.335 3.412 1,447.348 1,433,755 1.036,653 {1.018,3231 10 1,452,095 Restri￿ed funds Balance at 1 Jan 2025 Gains I Balance at Expend-rture (losses} 31 Dec 2025 Income Pitches grant funding Future development WELL Grant 348,066 142.336 113,587) 171.853} 1102,0001 334.479 70.483 102,0(J) 490.402 102.000 1187,4401 404,962 16a Sharg Capitsl 2025 2024 Shares in issue at 1 January 2024 Movement during the year Forfeited durin9 the year 1.372 10 1471 1,385 20 133) 1,372 Vvhen an individual becomes a member they receive a 5p share. Vwhen the individual resigns their membership the share is taken from them and is transferred lo the Capital Reserve. 16b Capltal reserve 2025 2024 At 1 January 2025 Shares forfeited in year 3,365 47 3.332 33 Al 31 December 2026 3.412 3,365 17 Fund descrlptlons a} Unrestricted funds General funds of the charity for use at the Trustees discreb'on bl Reslricled funds Pitches grant funding - Grants given for the development of the pitches (restricted until 20301 Future development- Funds re￿iVed for the future development of the association. WELL Grant- To provide the VVELL programme lo beneficiaries Job start- To subsidise the wages costs of those on the Job Start scheme 23 Northern Ireland Civil Service Sports Association Limited Notss to the Financial Statements Year Ended 31 December 2025 18 Analysis of net as$et$ between funds Unrestricted funds 2025 Restricted funds 2025 Total 2025 Fixed assets Other current assets Cash and bank Current liabilities Creditors more than one year 1,492,149 126.533 {9.5821 {154,3541 {2,6511 364,274 1,856,423 126,533 31,106 (154.3541 {2,651} 40.688 Totsl 1.452.095 404.962 1,857,057 19 Reconciliation of net {expenditurel lincome to net cash flow from operating activities 202S 2024 Net lexpendilurel l income for year 167,1001 16,414) Interest receivable Interest payable Depreciation and impairment of tangible fixed assets Amortisalion and impairment of intangible fixed assets {Increasel I decrease in debtors (De¢re8sel l increase in creditors (1.1041 765 75,506 1,839 402 21.545 11,538) 2,489 77,295 1.840 2.778 147,1701 Net cash flow from operating aetivilies 24,077 29.280 20 Related Party Transactlons The Northern Ireland Civil Service Sports Association Limited INICSSAI 15 a related party of Northern Ireland Civil SeNi¢e Social Club INICSSC) due to their shared membership and the Influen￿ of the Association on the running of the Club. Al the year-end NICSSA owed the Club £5.19112024.' £10,162). Included In trade debtors is an amount of £0 (2024.. £7,402) owed to NICSSA by the dub. Included in other debtors is an amount of £6.54612024'. £11,637} loan to the club from NICSSA. Included in trade creditors is an amount of £012024.. £0) owed by NICSSA to the club. NICSSA ￿CeiVe8 subscription income paid through the members payroll deductions for both NICSSA and the Club. NICSSA then pays over the Club's shafe. NICSSA also receives subscriptions from members of affiliated Clubs and gym members that include Club membership which NICSSA pays over lo the club. NICSSA received £42,713 (2024.. £38,003) of subscriptions on behalf of the Club from these sources during the year. NICSSA pays monthly room hire tr) the Club amounting to £83312024.. £833) per month. The Club pays NICSSA monthly for facilitles charyes and the Club's share of the pavilion running costs of £5,990 (2024.. £5.3491 per month, with the monthly amount having been reviewed and updated from May 2025. 24 Northern Ireland Civil Service Sports Association Limited Management Information Year Ended 31 December 2025 These pages do not form part of the statutory financial statements 25 Northern Ireland Civil Service Sports Association Limited Management Information Year Ended 31 December 2025 Detailed Income and Expenditure Account 2025 2024 Turnover Subscriptions WELL {including WELL grant) Find Out PlayBall (pitch hire, summer scheme, advertising) NICSSA Gym Facilities charges Other Income Gift Aid 365,366 244,892 42,920 227,669 66.086 107,788 17.164 65,664 374,104 212,179 60.578 241.943 57.381 124.075 11,629 13,879 1,137.549 1.095,768 Interest receivable Interest on deF)osiIs Other interest received 537 567 1,538 1,138,653 1,097,306 Expenditure Administrativg expfrnses Stsff costs WELL Play8all NICSSA Gym Find Out 694,325 28,242 10,340 9,626 1,839 642,974 18,528 12,147 10,152 4,633 k- 11 Grants to Clubs Membership benefi'ts Competitions- Civil Service Sports Council Competitions- Regional activrties Business support costs Pavilion complex costs Depreciation 39.696 22.500 12.519 17.079 138.518 152.969 77,345 47.452 20.800 8.403 6,215 108,841 141,951 79,135 1,204,998 1,101,231 Interest payable Loan interest 765 2.489 Taxation Total expendlture 1,205,763 1,103,720 (Deficit) for the year 167,1101 16,4141 These pages do not form part of the slalutory financial statements 28 Northern Ireland Clvll Servlce Sports Assoclatlon Llmltsd Management Information Year Ended 31 December 2025 Schedule of Income 2025 2024 Income Other income Grants- Job Stsrt Donations Ernployment Allowance Sundry receipts 1,736 3,500 5,000 1,393 4,000 11,500 1,664 17.164 11.629 Facilities charyes Pavilion facilities charges Hire of sports facilities 80,987 26,801 80,952 43,123 107,788 124,075 These pages do not form part of the statutory financial statements 27 Northern Ireland Civil Service Sports Assoclatlon Llmlted Management Information Year Ended 31 December 2025 Schedule of Expenditure 2025 2024 Staff costs Chief executive officer Business change manager Operations and facilities director Membership and customer services Treasurer's honorarium Health promotion Grounds staff NICSSA Gym staff Maintenance and cleaning staff Finance 105.248 71.853 70.037 193.464 400 55.253 90,280 32,057 34,430 41,303 101,629 68,833 67,261 157,063 400 72,893 91.990 30,004 17.180 35.721 694,325 642.974 These pages do not form part of the statutory financial statements 28 Northern Irèland Clvil Service Sports Association Limited Management Information Year Ended 31 December 2025 Schedule of Expenditure - continued 2025 2024 Bu$iness support costs Insurance Office equipment, printing and stationery Marketing and advertising {raising funds) Telephone Computer expenses Training and recruitment costs Travelling expenses Hospitalty expenses Consultancy fees Accountancy Audit fees Bank fees Credit card charges Sundry expenses Input VAT payable 36.054 1.466 23.068 1.785 11.607 5.144 1.369 4.052 1.460 5,915 6,000 3,037 4,162 12,248 21,151 26,4C 1 ,466 5,226 1,937 9,949 4,999 4,940 2,061 10,427 6,500 5,750 3,841 2,985 5,285 17,069 138,518 108,841 Pavilion complex expvnses Pavilion rates and ground rent Light and heat Cleaning Grounds repairs and maintenance Pavilion repairs and maintenan Room hire charges affiliated Clubs 8.719 54.824 14.298 57,645 7,483 10,000 8.177 44,946 15.317 54,580 8,931 10,000 152,969 141,951 Depreclatlon Pavilion redevelopment Outdoor surfaces and equipment Fitness equipment Computers, equipment and furniture Intangible asset amortisation 35.385 27.931 4,238 7,952 1,839 35,385 26,408 8,874 6,628 1.840 77,345 79.135 These pages do not form part of the statutory financial statements 29 Northern Ireland Crvil Service Sports Association Limited Management Information Year Ended 31 December 2025 Schedule of Exp¢ndituro- ¢ontinugd 2025 2024 Grants to Clubs Archery Club Athletics Club Ballymena Cadisle House Castle Court Causeway House Clare House Clarence Court IAccliv81 CRU Dungannon Erne Foyle Game l Osprey Club Glenree House Golf Club Hole in Vvall Gang HSENI Hydebank Jubilee House Knockview Lisburn JBO Lanyon Plaza Sports & Social Club Marlborough House Netherleigh Newry Nl Audit Office NIEA Nl Water Omagh Orchard House Poli￿ Ombudsman Rambling Club Ralhgael Sports & Leisure RCJ Square One Utility Regulator Waterside House Waterways Ireland 546 1,230 533 733 625 500 800 2,200 1,030 2,200 494 962 247 250 450 3,200 2,132 450 494 910 200 380 499 362 1,846 3,237 300 1,534 2,132 3,030 3,296 1,248 600 2,236 1.100 858 4,685 1.200 1.450 1.580 286 2.457 94 3.068 2,170 559 1,114 2,890 160 250 497 1,600 750 4,462 1,600 600 410 1,970 1,850 1.490 481 986 3.020 200 475 1,560 390 39,696 47,452 These pages do not form part of the statutory financial statements 30