Arura Nl Trust Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 December 2024 2024 Unrestricted funds Totsl funds Totsl funds 2023 Ncle Income and endowments Donalions and legacies Charitable a¢tivilles 41,986 4,445 41.986 4,445 26.067 Total Income 46,431 46,431 26,067 Expendlture Expenditure on charitable activities Total expenditure 52,246 52246 6.591 52,246 52.246 6.591 Net (expendlturevlncome and net movement In funds (5,815) (5,815) 19,476 Reconclllatlon of fvnds Total funds brought forward Totsl funds carrled fO￿ard 19.476 13,661 19.476 13.661 19.476 The ststement of financial actNities indudes all gains and losses recognised in the year. All income and expenditure derive from continuing aL#ivities. The notes on pages 7 to 12 forni part of these financial statejnpnts. Arura Nl Trust Company Limited by Guarantee Statement of Financial Posltlon 31 December 2024 2024 2023 Note Currgnt assets Cash at bank and in hand 14.561 20,316 Credltors: amounts falllng due wlthln one year Net current assets 12 900 840 13,661 19,476 19,476 Total assets 1¢5$ current Ilabllllles 13.661 Net assets 13.661 19,476 Funds of the charity Unrestricted fvnds 13,661 19,476 Total charfty funds 13 13,661 19,476 For the year ending 31 December 2024 the charity was entitled to exemption from audlt under sectk)n 477 of the Companies Act 2006 relatirKJ lo small companies. Directors. reswnsib1lit￿s. The members have not ￿qUIred the wmpany lo obtain an audlt of Its finan¢pl statements for the year in question ￿ accordance with section 476: The directors acknowledge their responsibli lties for complying with the requirements of the Act wlth respecl lo accounting records and the preparation of financial ststements. These financial statements have been prepared in accordan￿ ￿1th the provisions appI￿able to companies subject lo the small companies. regime. These financial statements were apwoved by the board of trust￿ and authorised for issue on 8 September 2025. and are signed on behalf of the trThrd by: iltyto y J Timothy Kyle Trustee The notes on pages T to 12 tsmi W of these financlal statements. Arura Nl Trust Company Limited by Guarantse Notes to the Flnanclal Ststements Year ended 31 December 2024 General information The charity is a public benefft enttty and a PTiwate ox)mpany limtled by guarantee. registered in Northern Ireland and a registered charty in Northern Ireland. The address of the registered office is Crescent Church, 6 University Road, Belfast, BT7 1 NH, Antrim. Ststsment of compliance These financial statements have been prepared in compliance with FRS 102, The Financial Reporting Slandard applicable in the UK and the Republic of Ireland,. the Statement of Recommended Pradice applicable lo charities preparing their accounts in accordance wrih Ihe Flnancial Reporting Standard applicable in the UK and Republi¢ of IrelaThl IFRS 1021 (Charities SORP IFRS 102)) and the Companies Ad 2006. Accountlng polkles Basis of preparation The financial statements have been prepared on the historical cost bas¢s. as modified by the revaluation of certain financial assets and liab￿ltieS and investment properties measured at fair value through income or expenditure. The financial ststements are prepared in steding. which is the functlonal currency of the entity. Golng concem There are no material uncertainties about the charivs abilty to continue. Judgements and key sour¢e$ of estlmation uncertainty The preparation of the finanaal statements requires management to makg judgements. estimates and assumption¥ that affect the amounts reported. These estimates and judgements are continually rev￿Wed and are based on expetience and other factois. itKluditvJ expectations of fulure events Ihat are believed to be reasonable uNJer Ihe circumstsnces. Fund accounting Unrestrict&J funds are avaIla￿e for use at the dis(¥elK)n of the trustees to further any of the charity's purpM)ses. Designated funds are unrestricled fijnds eamiarked by th8 trustee5 for particular future project or commitment Restrlcted funds are subIec￿ to reslrl¢tKJrts on Ihelr expenditure declared by the donor or through the tefft￿ of an appeal. and fall into one of two sub-classes: restricted inc(Th funds or endowment funds. Arura Nl Trust Company Limited by Guarantee Notes to the Flnancial Ststements {MolthuedJ Year ended 31 December 2024 Ac¢ountlng policies feonloiued) Incoming resources All incoming resources are included in the statement of ffinancial aclivities when entillemenl has passed to the charity. it is probable that the economic benefrts associated with the transaction will fk>w to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.. ir￿e from donations or grants is recognised when there is eviden￿ of entitlement to the gift. receipt is probable and its amount can be measured rdiably. legacy inwme 15 recognised wthen receipt is probable and entiuemenl ks established. income from donated g￿d8 tis measured at the fair value of the goods unless this is Impractical to measure reliably, n which case the value is derived from the cost to the donor or the estimated resale value. Donated facililies and SeTh￿es are recc¥Jnised in the aC￿Unts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. I￿orne from o)ntracts for the supply of ServI￿S is recognised with the delivery of the contracted service. This is dassified as unrestricted funds unless there is a contractual requiremenl for ri to be spenl on a particular purpose and retumed rf unspent, in which case it may be regarded as restricted. Resources expended Expendtture is reccKJnised ¢)n an accruals basis as a liabilty is incvrred. Expenditure includes any VAT which cannot be fully recovered, and is dassffied under headings of the statement of financial aclivitss to which it relates= expenditure on rdising funds includes the costs of all fundraising activities. events, norFcharitable tradirvJ actNitses, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking aclwities that further its charitable aims for the benefft of its ￿neficianeS. including those support costs and costs relating to the govemance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of tts expenditwe on charitatde aCtivi￿s. All costs are allccaled to expenditure categories reffecting the use of the resource. Direct costs attributable to a siNJle activty are allO￿ted directy to that a¢tivTty. Shared cost5 are apportioned between the actNlties they contrtbute to on a reasonable. justtfiable and consistent basis. FlnanGial instrumonts A financlal asset or a finanetal Ilabilty Is re¢ognlsed onty when the ¢harity b￿oMe$ a party to the contractual provisions of the instrument. Arura Nl Trust Company Limited by Guarantee Notes to the Financial Statements rMn1kn4 Year ended 31 December 2024 Accountlng pollcies {C9ntin￿dj Financlal Instrumenls Basic financial instruments are initralty recowised at the aft￿￿nI r￿l¥able or payable induding any related transac*on Costs. Current assets and cuffent liabiliti'es are subsequenty measuwl at the ￿$h or other onsideration expected to bg paid or received and not di5COUDled. Debt instruments a￿ subsequenty measured at amortised cost. Where invesknents in shares are publicly traded or their fair value can otherwise be measured reliably. the investment is subsequently measured at fair value wlth changes in fair value recognised in incorne and expendtture. All other such investments are subsequently measured at cost less impaiThent. other ffinancial Instruments, including derivatives, are inf(ially reccwjnised at fair value. unless payment for an asset is deferred beyond normal business tems or financed at a rale of interest that is not a market rate. in which case the asset is measured at the present value of the future payments discounted at 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 stalemenl of finanaal activities, with the eX￿ptH)n of hedging ¥r￿truments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are rewewed for objectrve evidence of impairment at the end of each reporting date. If there is oty'ective evidence of impairment. an impairment loss is recognised u￿ler the appropriatg heading in the statement of financial actwities in which the irmtial gain was reoJJnised. For all equity instruments regard￿ of significance, and other financial assets that a indiv¢dually stgnificanl, these are assessed Individually for impairmenl. Other financial assets either assessed indiwdually or grouped on the basis of similar credil risk characteristics. Any reversals of Impalm￿nt are recognised immediately, to the extent that the ￿verSal does not result in a carrying amount of the financial asset that exceeds what the carying amount would have be￿ had the impaim)enl not prevy)usly been rewgnised. Llmlted by guarantee The charity is a company limited by guarantee arvj has no share capital. In the event of the charity being wound up. the liabilty in respect of this guarantee is limited to £1 per member of the charity. Arura Nl Trust Company Limited by Guarantee Notes to the Financial Statements (¢oni*iued) Year ended 31 December 2024 Donations and legacies Unrestricted Totsl Funds Unrestricted Totsl Funds Funds 2024 Funds 2023 Donations Donations Capital introduced 4.909 4.909 300 22,742 300 22.742 Subscrlptlons 2023 Weekend Registration F￿S 2024 Registration Fees 3,025 3.025 37.077 41.986 37,077 41,986 26.067 26,067 Charftable actlvlties Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Retail Space 4.445 4,445 Expenditure on charitsble activitiès by fund type Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Charitable A¢tNity Support costs 51,290 956 512 956 5,721 870 5.721 870 52.246 52246 6.591 6,591 Exp8nditura on charltable actlvities by adivity type undertaken diTedy Support costs Totsl funds 2024 Total fund 2023 Charitable Activity Governance costs 51,290 51290 956 5.721 870 956 51.290 956 52.246 6,591 Independent oxamlnatlon fees 2024 2023 Fees payable to the independent examlner for: Independent examination of the financial statements 900 10 Arura Nl Trust Company Limited by Guarantee Notes to the Financlal Statements {¢onUn Year ended 31 December 2024 10. Staff costs The charity employs no staff and therefore incurred no staff costs during the year. 11. TNstee remuneration and expen$g5 The charity trustees vere not pald or r￿1Ved any other benefiis from employment with the Charity in the year. No charity Iruslees were reimbursed for travel expenses during the year. No Charity trustee received payment for Fyofessional or other Serv￿ supplies to the charty. 12. Creditors: amounts falllng due within one year 2024 2023 Accruals and deferred income 13. Analysis of ¢haritabl8 funds Unreslrlded funds At 31 December 2024 At 1 January 2024 Inco￿￿ ExperKliture General lunds 19,476 46,431 (52.246) 13,661 At 31 December 2023 At 1 January 2023 IrKom8 ExFenditure General funds 26.067 {6,5911 19.476 14. Analysls of net assets between funds Unrestricted Total Funds Funds 2024 Current assets Creditor5 less IhaD 1 year Net assets 14,561 1900) 13.661 14,561 {9001 13.661 un￿strICted Total Funds Funds 2023 cur￿￿1 assets Creditors less than 1 year Net assets 20,316 {8401 19,476 20.316 18401 19.476 11 Arura Nl Trust Company Limited by Guarantee Notes to the Financial Statements (conthu8d) Year ended 31 December 2024 1 & Cofporatlon taxatlon The Company is a registered charty. and as such is entl￿ed to tsx exemptions on income and profits in furtherance of the charsvs primary objec￿Ve5. 16. Related parti The Trustees have considered guKlance in rdation to related party transactions and believe there are no transactions that reqtsi￿ disclosure. 12