**REGISTERED CHARITY NUMBER: 109053** ## **Report of the Trustees and** ## **REPORT & FINANCIAL STATEMENTS** **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025** **BELFAST MULTI CULTURAL ASSOCIATION** **BELFAST MULTI CULTURAL ASSOCIATION** ## **CHARITY INFORMATION** ## **FOR THE YEAR ENDED 31 AUGUST 2025** ## **Chairman** Mr Mohammad Ali ## **Trustees:** Mr Muhammad Atif Mr Murad Khan Mr Asim Sattar Mr Syed Ahsan ## **Registered charity number** 109053 ## **Principal and registered office** 38 Wellington Park, Belfast, BT9 6dn ## **Accountants** RR Accountants UNIT-2B 1-7 HILLVIEW ROAD BELFAST BT14 7BT **BELFAST MULTI CULTURAL ASSOCIATION** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025** **----- Start of picture text -----**
2025 2024
Unrestricted Unrestricted
Notes Fund Fund
Income £ £
Donations
Donations And Grants 3 111,605 59,908
Income from charitable activities
Other income 3
Total income 111,605 59,908
Expenditure
Expenditure on raising funds 4 31,868 6,039
Expenditure on charitable activities 4 15,807 4,198
Total expenditure 47,675 10,236
Net income before taxation 63,930 49,672
Taxation (charge)/ credit 5
Net movement in funds 63,930 49,672
Total funds brought forward at 31 August 2025 270,796 221,124
Total funds carried forward at 31 August 2025 334,726 270,796
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**BELFAST MULTI CULTURAL ASSOCIATION** ## **BALANCE SHEET** ## **AS AT 31 AUGUST 2025** |**FIXED ASSETS**
Notes
Tangible assets
6
7
**CURRENT ASSETS**
Debtors
Cash at bank and in hand
Advances for Buildings
**CREDITORS**
Amounts falling due within one year
**NET CURRENT ASSETS/(LIABILITIES)**
Reserves
Unrestricted Funds|**2025**
1,563
350,000
351,563
16,837
334,726
334,726
334,726|**2024**
7,633
280,000
287,633
16,837
270,796
270,796
270,796| |---|---|---| 09/06/26 The financial statements were approved by the Board of Trustees on ……………….. and were signed on its behalf by: Mr Muhammad Atif-Trustee **BELFAST MULTI CULTURAL ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025** ## **1. Accounting policies** The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows ## **Company information** The charity is registered in Northern Ireland with the Charity Commission. The registered office is 38 Wellington Park, Belfast, BT9 6dn ## **1.1 Accounting convention** The financial statements have been prepared on a going concern basis in accordance with 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 (FRS102) (effective 1 April 2021) ("Charities SORP (FRS102)"), the Financial Reporting Standard applicable in the UK (FRS 102), the Companies Act 2006 and the Charities Act 2011 BELFAST MULTI CULTURAL ASSOCIATION meets the definition of a public benefit entity under FRS 102 Assets and liabilities are initially recognized at cost or transaction value unless otherwise stated in the relevant accounting policy notes On the grounds that the charity comes under the definition of small charities the charitable company has taken advantage of certain exemptions conferred by section 1.11 of FRS102 as follows Exemption from disclosing the carrying amounts of each category of financial assets and financial liabilities at the reporting date as required by section 11.41 of FRS 102. Exemption from presenting a charitable company statement of cash flows as a primary statement to the financial statements ## **1.2 Going concern** The Trustees have at the time of approving the financial statements a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. In addition, the Trustees have no intention to wind the company up in the foreseeable future. It is considered that there are currently no material uncertainties which impact on the charity being able to continue in its current form. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements ## **1.3 Income** Income is recognized when the charity has entitlement to the funds, any performance conditions attaching to the item(s) have been met, it is probable that the income will be received and the amount can be measured reliably. Income from grants is recognized when the charity has entitlement to the funds, any performance conditions have been met, it is probable that the income will be received and the amount **BELFAST MULTI CULTURAL ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **AS AT 31 AUGUST 2025** ## **1.4 Fund accounting** Unrestricted funds are funds which 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 specific restrictions imposed by donors or which have been raised by the Charity for a particular purpose. Trustees have not classified any funds received as restricted till now. ## **1.5 Expenditure** All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been apportioned on a basis consistent with the use of the resources. The cost of raising funds includes fundraising event costs, direct campaigns, general information and public relation costs and their associated support costs. Expenditure on charitable activities relates to grants awarded and associated support costs Irrecoverable VAT is charged as a cost against the activity for which expenditure was incurred. ## **Allocation of support costs** Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include administration, finance, human resources, information systems and governance costs which support the services provided to beneficiaries These costs have been allocated between the costs of raising funds and expenditure on charitable activities on the basis set out in note 4 ## **1.6 Tangible fixed assets** It is a policy of the trustees that individual items with a cost below £300 are not capitalised. Depreciation is provided at the following rates and bases to write off the cost of tangible fixed assets over their estimated useful lives by annual instalments, with a full year’s charge in the acquisition year and no charge in the year of disposal: Depreciation is charged @ 20% reducing balance on Computer and equipment. ## **1.7 Cash at bank and in hand** Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity held for working capital. Bank overdrafts are shown within borrowing in current liabilities. ## **1.8 Taxation** BELFAST MULTI CULTURAL ASSOCIATION is a registered charity and as such is a charity within the meaning of schedule 6 of the Finance Act 2010. Accordingly, the Charity is potentially entitled to tax exemption under part 11 of the Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable **BELFAST MULTI CULTURAL ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS AS AT 31 AUGUST 2025** ## **2. Allocation of support costs** Support costs are allocated between the various activities of the charity based on an estimate by management of time spent by employees on each activity. Some employees have roles which support more than one activity. The allocation of these costs are considered to be critical to the accounts because they have the ability to materially alter the allocation of costs between expenditure on raising funds and expenditure on charitable activities. |**3. Income**
Donations & Non -Performance Grants
Donations Received
Other Income
**4. Expenditure on raising funds:**
Fundraising Costs
Rent
**5. Expenditure on charitable activities:**
Health , Education, Skill development
Admin
Emergency and natural disaster
**Total expenditure**||**Unrestricted**
**Income**
**2025**
111,605
111,605
**Direct**
**Costs**
31,868
0
31868.2
**Direct**
**Costs**
1,289
14,518
15,807
47,675|**Total**
**2024**
59,908
59,908
**Allocated**
**Total**
**Total**
**Costs**
**2025**
**2024**
31868.2
3371.15
0
2,668
0
31868.2
6038.65
**Allocated**
**Total**
**Total**
**Costs**
**2025**
**2024**
0
14,518
4,198
0
14,518
4,198
0
46,386
10,236| |---|---|---|---| ||||| ||||| **BELFAST MULTI CULTURAL ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025** ## **Support Cost** Support costs in the current year have been allocated based on an estimate, by management, employment costs are based on time spent by employees contributing to each activity. Support costs have been allocated as follows. |**Donations campaign**
Health, Education, Skill development
Widows . Orphan support
Emergency and natural disasters
Misc||**Direct**
**Costs**
14,353
165
14,518|**Premises**
**Costs**
0|**Administration**
**Total**
**Total**
**Costs**
**2025**
**2024**
14,353
3,150
165
1,048
0
14,518
4,198| |---|---|---|---|---| |||||| ## **5 TAXATION** The charitable activities of BELFAST MULTI CULTURAL ASSOCIATION are exempt from taxation under Chapter 3 of the Corporation Tax Act 2010. **BELFAST MULTI CULTURAL ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued AS AT 31 AUGUST 2025** **----- Start of picture text -----**
6 TANGIBLE FIXED ASSETS
Computer
Equipment Motor Vehicle Total
Cost b/f 0 0 0
Additions 0 0 0
At 31 Aug 2025
0 0 0
Depriciation
Depreciation b/f 0 0 0
Charge for the year 0 0 0
0 0 0
NET BOOK VALUE
31/08/2025 0 0 0
31/08/2024 0 0 0
7 CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR
2025 2024
Trade Creditors 0 0
Other Creditors 16,837 16,837
Taxes & Social Security 0 0
16,837 16,837
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## **8 Post Balance Sheet Events** There are no post balance sheet events to report ## **10.Related party transactions** There was no related party transaction to report in 2025 **BELFAST MULTI CULTURAL ASSOCIATION** ## **PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2025** **----- Start of picture text -----**
Profit/Loss Account 2025 2024
Donations Received 111,605 59,908
Other income 0 0
Sub Total 111,605 59,908
Expenses
Donations Given 14,353 3,150
Direct Costs 165 1047.5
Rent 0 2,668
Rates 438.66 162.32
Telephone 329.34 179.64
Light & Heat 13323.18 391.43
Legal & Professional 9,685 2,638
Salaries & Wages 8,092 0
IT Costs 156 0
Repairs 1057.92 0
Accountancy 75 0
Sub Total 47,675 10,236
63,930 49,672
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