Charity Registration Number: 109180
Company Registration Number.. N1052280
Intercomm Ireland
(A Company Limited by Guarantee)
Trustees Report and Financial Statements
for the year ended 31 March 2025
*AEHYV6NM*
2211212025
COMPANIES HOUSE
A30
#195

Intercomm Ireland
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
Contents
Pages
Trustees, annual report (incorporating the directorfs report)
Independent Examiner's report
Statement of financial activities (including income and expenditure account)
Statement of financial position
Statement of cash flows
10
Notes to the financial statements
11-18

Intercomm Ireland
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
Trustees Annual Report (incorporating the Directors, Report)
The trustees, who are also the directors for the purposes of company law, present their report and the
financial statements of the charity for the period ended 31 March 2025.
Reference and admlnlstratlve detalls
Registered charity name
Intercomm Ireland
Charity registration number
109180
Company registration number
N1052280
Registered office
Unit 24. North Belfast Business Centre
2 Duncairn Gardens
Belfast
BT15 2GG
Prlnclpal office
Unit 24, North Belfast Business Centre
2 Duncairn Gardens
Belfast
BT15 2GG
The Trustees
Ms L Marshall
Mr G Trimble
Ms A O'connor
Mr P Loughins
Mr L Maskey
Key Management Personnel
Conor Maskey
Gordie Idvalker
Independent examiner
Paul McAreavey FCA
PGM Chartered Accountants
405 Lisburn Road
Belfast
BT9 7EW
Bankers
AIB
11-15 Donegall Square North
8elfast
8T15GB

Intercomm Ireland
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
Trustees Annual Report (incorporating the Directors, Report)
Structure. governance and management
Governing Document
INTERCOMM IRELAND is a company limited by guarantee and governed by its memorandum and
articles of association.
Board of Trustees
There is a Board of Trustees responsible for oversight of company policies and procedures. Each
Trustee agrees to contribute up to £1 in the event of the charity winding up. The Trustees elect a
Chairrnan from among themselves at a meeting of the Board of Trustees, to act as Chair for a period of
12 months.
Members of the Company
In addition to the Trustees, there is also another body, the voting Members of the Company, the
equivalent of shareholders in a private company, to whom the Trustees are accountable. This body
appoints the Trustees, approves the Audited Accounts and appoints the Bank, Auditors and Solicitors to
be used by the company, on an annual basis at the Annual General Meeting. The members of the
Company also agree to contribute up to £1 in event of the company winding up.
Appointment of trustees
The Trustees shall be elected at the Annual General Meeting by the members present. Retiring Trustees
shall be eligible for re*lection. Recruitment of Trustees is by invitation, recommendation or request to
join the board by individuals. The names, background etc are then presented to the current board for a
vote
Organisation
The directors meet quarterly and are ￿SPonSible for the strategic direction of the company. The day to
day management of the company is overseen by the chief executive officer.
Objectlves and actlvltles
We have referred to the guidance contained in the Charity Commission's general guidance on public
benefit when reviewing our aims and objectives and in planning our future activities.
Inte￿0MM Background
INTERCOMM was founded in 1995 as a di￿ ct response lo growing concerns about sectarian and
political conflict at a time when there was an emerging disconnect between what was evolving at the
macro political level and what was happening wilhin and be￿een grassroots communities. This
disconnect created a vacuum in which there was no communication or co-operation across interfaces
and indeed communities. This was particularly dangerous in urban areas which suffered a high level of
deaths and injuries throughout the conflict. This created serious mistrust, fear and suspicion across all
sectors of the community. Over the last 28 years, INTERCOMM has played a pivotal role in the peace-
building process in across Ihe island of Ireland. INTERCOMM was established as the result of growing
community concems about the lack of formal structures to deal with political and sectarian unrest in the
absence of meaningful intercommunity contact. It seeks to help construct a concrete and viable peace.

Intercomm Ireland
Company Limited by Guarantee
Financial Ststements
Year ended 31 March 2025
Trustees Annual Report (incorporating the Directors, Report)
Intercomm Strategic Vision
to help create a united community, based on equality of opportunity, the desirability of good relations
and reconciliation, one which is strenglhened by Its diversity, and where the blight of economic
deprivation has been eradicated through successful community led regeneration and conflict resolution.
Intercomm Objective8
1. To build peace by working with communities and constituencies by building trust and promoting
understanding be￿een those emerging from conflict.,
2. To alleviate the problems associated with sectarian and political conflict through stimulating
economic regeneration in areas most affected by the political conflict:
3. To integrate practical experiences into the policy-making process; and
4. To facilitate best practice exchange and disseminale peace building learning locally and
internationally.
Strategic report
The following sections for achievements and performance and financial review form the strategic report
of the charily.
Achievements and performance
Intercomm continued to make a significant contribution to building and sustaining the peace locally and
sharing lessons internationally. This is an evolving context where anti-peace process elements continue
to be intent on fuelling tensions and where mainstream resources are diminishing Itis a serious cause
for concern that will shape and inform future programme planning. This continues to involve working
with local communitieslagencies across Ireland to cement peace at locallregional levels.
After the selling of our building asset 290-292 Antrim Rd and move to the new shared premises along
with Duncairn Community Partnership, this has enabled us lo continue operating in a 'shared-space'
environment (on a North Belfast safe interface location).
We continued to deliver on our important and relevant Peace-Building activities across North Belfast
and beyond.
Via the North Belfast Strategic Good Relations Programme {NBSGRP) we continued to emphasise large
Good Relations events, particularly in the form of Markets in public parks. The larger events, in
Alexandra and Waterworks Parks in particular, were able to draw in thousands of residents from across
North Belfast interfaces to Good Relations activities.
Our Executive Director resigned during the reporting period, however as a Board Member still continues
to play a significant advisory role on serious Peace Building matters at the highest levels within local
government and Irish Govemment structures. including within Policing in both jurisdictions.
Over the forthcoming reporting period Intercomm will facilitate an exercise for 8 new Strategic Plan (3-
5 yrs) taking on board our acute changed strategic circumstances over the past few years.

Intercomm Ireland
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
Trustees Annual Report (incorporating the Directors, Report)
Strategic Partnerships
Intercomm's work with strategic partners within the NBSGRP continues. We continue to work the
extremely important strategic partnership with Duncaim Community Partnership with the aim of
removinglredesigning North Belfast 'Peace Walls,.
Financial review
At the end of the year INTERCOMM IRELAND showed a deficit for the year of £56,795 bringing the
fund balance of INTERCOMM IRELAND to £195,902. The unrestricted fund balances amount to
£193,748 and restricted fund balances of £2,154.
Principal funding sources
INTERCOMM IRELAND has been working to promote peace building and to enhance progress to a
shared and better future across Northern Ireland. In these endeavours we have been supported over
the years by the Northern Ireland Community Relations Council ICRC), the Atlantic Philanthropies (Nl},
The Executive Office (formally the Office of the First and Deputy First Minislerl, International Fund for
Ireland (IFI) and the Special European Programmes Body.
Reserves pollcy
The board has examined the charity's requirements for reserves in light of the main risks to the
organisation. It has established a policy whereby the unrestricted funds not committed or invested in
tangible fixed assets held by the charity should be be￿een 3 and 6 months of the expenditure.
Expenditure for 2025 was £173,261 and therefore the target is £43,315 to £86,630 in general funds.
The reserves are needed to meet the working capital requirements of the charity and the board are
confident that at this level they would be able to continue the current activities of the charity in the event
of a significant drop in funding.
Plans for future periods
We aim to stabilise our existing programmes of work whilst developing new streams of work. We
particularly seek, in partnership with Duncairn Community Partnership, to develop large eventslactivities
in North Belfast Parks (particularly Alexandra Park), In tandem, we seek to play a partnership role with
others in working to address issues associated with the wall in Alexandra Park {the only Park in western
Europe divided by a peace wall).
We also intend to develop further the use of Podcasting and new technologies to best promoie our good
practise. We especially wish to seek the best use of the audio content we hold from the approx. 45
online hislory episodes lead by our friend and colleague Eamon Phoenix, who sadly passed away in
November 2022.

Intercomm Ireland
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
Trustees Annual Report (incorporating the Directors, Report)
Trustees. responsibilities statement
The trustees, who are also directors for the purposes of company law, are responsible for preparing the
trustees, report and the financial statements In accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the charity trustees to prepare financial statements for each year which give a
true and fair view of the state of affairs of the charitable company and the incoming resources and
application of resources. including the income and expenditure, for that period.
In preparing these financial statements, the trustees are required to-.
select suitable a¢￿UntIng policies and then apply them consistently.,
observe the methods and principles in the applicable Charities SORP.,
make judgments and accounting estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements, and
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charity's transactions and disclose with reasonable accuracy at any time the financial
position of the charity and enable them to ensure Ihat the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence
for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Audltor
Each of the persons who is a trustee at the date of approval of this report confirms that=
so far as they are aware, there is no relevant audit information of which the charity's auditor is
unaware., and
they have taken all steps that they ought to have taken as a trustee to make themselves aware of
any relevant audit information and to establish that the charity's auditor is aware of that information.
The trustees, annual report and the strategic report were approved on 16 December 2025 and signed
on behalf of the board of trustees by.
Mr P Loughins
Trustee

Intercomm Ireland
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
Independent Examiner's Report
I report on the financial statements of INTERCOMM Ireland for the year ended 31 March 2025 set out
on pages 8 to 18.
Respective responsibilities of Trustees and Examlner
As the charity trustees (and also the directors of the company for the purposes of company lawl
you are responsible for the preparation of the accounts in accordance with the requirements of the
Charities Act (Northern Ireland) 2008. Having satisfied myselfthat the charity is not subject to audit
under charity law, and is eligible for independent examination, it is my responsibility to..
examine the accounts under section 65 of the Charities ACL
follow the procedures laid down in the general Directions given by the Charity
Commission for Northern Ireland under section 65191{b) of Ihe Charities Acl., and
stale whether particular matters have come to my attention.
Basis of Independent examlner's report
I have examined your charity accounts as required under section 65 of the Charities Act and my
examination was carried out in accordance with the general Directions given by the Charity
Commission for Northern Ireland under section 65(91(b) of the Charities Act. The examination
included a review of the accounting records kept by the charity and a comparison of the accounts
presented wilh those records. It also included consideration of any unusual items or disclosures
in the accounts, and seeking explanations from you as charity trustees concerning any such
matters.
My role is to state whether any material mailers have come to my attention giving me cause to
believe..
1. That accounting records were not kept in accordance with section 386 of the Companies
Act 2006
2. That the accounts do not accord with those accounting records
3. That the accounts do not comply with the accounting requirements of the Charities Act
and with the methods and principles of the Charities Statement of Recommended
Practice applicable to charilies preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland
4. That there is further information needed for a proper understanding of the accounts to
be reached.
Independent examiner's statement
I have completed my examination and have no concerns in respect of the matters (11 to (4) listed
above and, in connection with following the Directions of the Charity Commission for Northern
Irelang I have found no matters that require drawing to your attention.
Paul McAreavey FCA
PGM Chartered Accoun
405 Lisburn Road
Belfast
BT9 7EW
Date: 16 December 2025

Intercomm Ireland
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
Statement of Financial Activities
31 March
2025
31 March
2024
Unrestricted Restricted Total funds
funds
funds
Total
funds
Note
Income and endowments
Donations and legacies
Other trading activities
Total Income
7,084
101,882
108,966
108,034
15,066
123,100
101882
116 466
Expenditure
Expenditure on charitable
activities
Total expenditure
60,439
112,822
173,261
284,854
112 822
173 261
284,854
Net lexpenditure)
Transfers betrween funds
Net movement In funds
145,855)
110,9401
156,795)
(161,754)
Reconciliation of funds
Total funds brought forward
Total funds carrled forward
239 603
193 748
252 697
195 902
414 451
252,697
The statement of financial activities includes all gains and losses recognised in the year. All
income and expenditure derive from continuing activities.
The note$ on pages 11 to 18form part otthe$e flnonclolst9t¢ment$.

Intercomm Ireland
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
Statement of Financial Position
31 March
2025
31 March
2024
Note
Fixed assets
Tangible fixed assets
13
1,028
1,604
Current assets
Debtors
Cash at bank and in hand
14
15
60,282
158 543
218,825
328,749
154,825
483,574
Crodltors: amounts falllng due wlthln one year
16
232 481
Net current assets
194 874
251093
Total assets less current Ilabllltles
195 902
252 697
Net assets
195 902
252 697
Funds of the charlty
Restricted funds
Unrestricted funds
2,154
193,748
13,094
239,603
Total charity funds
19
195 902
252 697
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
These financial statements were approved by Ihe Board of trustees and authorised for issue on 16
December 2025, and are signed on behalf of the Board by..
Mr P Loughins Trustee
Company Registration Number.. N1052280
The noteson pages 11 to18forrn partotthes8 financlal8tst•ment8.

Intercomm Ireland
Company Limited by Guarantee
Financial Ststements
Year ended 31 March 2025
Statement of Cashflows
31 March 2025
31 March 2024
Note
Cash flows from operating activities
Net (expenditure) l income
Adjustm8nls for
Depreciation of tangible fixed assets
Changes in..
Trade and other debtors
Trade and other creditors
Cash generated from operations
Net cash (used inllfrom operating activities
156,795)
(161,754)
576
690
268,467
119,570
196,763
238,257
238.257
157 875
157 875
Cash flows from investing activities
Disposal of investment property
Net cash from investing activities
225,000
225,000
Net Increaso1(docrease) In cash and cash equlvalents
157,875
(13,257)
Cash and cash equivalents at beginning of period
628
Cash and cash equivalents at end of perlod
158,503
628
The notes on pages 11 to 18form partofthesefinonclalstotsments.
10

Intercomm Ireland
Company Limited by Guarantee
Financial Ststements
Year ended 31 March 2025
Notes to the financial statements
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in
Northern Ireland and a registered charity in Northem Ireland. The address of the registefed Offi￿ is
Unit 24, North Belfast Business Centre, 2 Duncairn Gardens, Belfast, BT15 2GG.
2. Statement of compliance
These financial statements have been prepared In compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the 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 IFRS 1021 (Charities
SORP IFRS 10211, the Charities Act (Northern Ireland) 2008 and the Companies Act 2006. Intercomm
Ireland meets the definition of a public benefit entity under FRS 102.
3. Accountlng pollcie8
3.1 Basls of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair value
through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity
3.2 Going concern
The Board acknowledge that there was a deficit of £56,795 (2024.. deficit £161,754) showing in the
accounts for this 12 month accounting period. The Board are however satisfied with the Financial
Review (page 51, detailing its overall current position. They also acknowledge that the accounting
period deficits in both accounting periods were due to extreme and unique circumstances described
below.
The Board appreciates that the recorded deficit for the 2 accounting periods was essentially due to 2
major factors..
a) The Board acknowledge that the deficit for the year to 31 March 2024 (£161,754) was due to
unintended consequences arising from a serious staffing disciplinary maller and associated legal
costs. This resulted in the need for the charity to fund core programme and wage payments from
reserves on a iemporary basis whilst funders and partners satisfied themselves as to the Charity's
handling of the staffing issue.
b) Expenditure has been reduced considerably in the year ended 31 March 2025 resulting in a deficit
for the year of £56,795 compared to £161.754 for the year ended 31 March 2024.
The Board has carried out an assessment on the going concern status of the Charity and given the
level of reserves and the projected income and expenditure for the 2026 year onwards, the Board are
therefore confident that the Charity will be able to operate for 12 months from the date of signing of
these accounts.

Intercomm Ireland
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
Notes to the financial statements (continued)
3. Accounting policies (continued)
3.3 Judgements and key sources of estimatlon uncertalnty
The preparation of the financial statements requires management to make judgements. estimates and
assumptions that affect the amounts reported. These estimates and judgements are continually
reviewed and are based on experience and other factors, including expectations of future events that
are believed to be reasonable under the circumstances.
3.4 Fund accountlng
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's
purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through
the terms of an appeal and fall into one of two sub-classés.. restrlcted income funds or endowment
funds.
3.5 Incoming resources
All incoming resources are included in the statement of financial activities when entillement has
passed to the charity,. It is probable that the economic benefits associated with the transaction will flow
to the charity and the amount can be reliably measured. The following specific policies are applied to
particular categories of income..
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
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 cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the accounts
when received 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 with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case it
may be regarded as restricted.
12

Intercomm Ireland
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
Notes to the financial statements (continued)
Accounting policies Icontinued)
3.6 Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT
which cannot be fully recovered, and is classified under headings of the statement of financial
activities to which it relates..
expenditure on raising funds includes the costs of all fundraising activities, events, non-
charitable trading activities, and the sale of donated goods.
expendilure on charitable activities includes all costs incurred by a charity in undertaking
activities that further Its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance 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 its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
be￿een the activilies they contribute to on a reasonable, justifiable and consistent basis.
3.7 Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated
depreciation and impairment losses. Any tangible assels carried at revalued amounts are recorded at
the fair value at the date of revaluation less any subsequent accumulated depreciation and
subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses. unless it reverses a charge for impairment that has previously been
recognised as expenditure wilhin the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain. in which case the loss is shown within other
recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value.
over the useful economic life of that asset as follows..
Fixtures and fittings
Equipment
250/0 reducing balance
25°/o Straight line

Intercomm Ireland
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
Notes to the financlal statements (continued)
Accounting policies (continued)
3.8 Impaimient of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount. the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of
an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to
which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that
includes the asset and generates cash inflows that largely independent of the cash inflows from other
assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from the
synergies of the combination, irrespective of whether other assets or liabilities of the charity are
assigned to those units.
3.9 Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any
related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration
expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured
reliably, the investment is subsequently measured at fair value with changes in fair value recognised
in income and expenditure. All other such investments are subsequently measured at cost less
impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment
for an asset is deferred beyond normal business terms or financed at a rate 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 statement of financial activities, with the exception 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 evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial activities in
which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually
significant, these are assessed individually for impairment. Other financial assets are either assessed
individually or grouped on the basis of similar credit risk characteristics.
14

Intercomm Ireland
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
Notes to the financial statements (continued)
Accounting policies (continued)
Financial instrument8 (contlnued
Any reversals of impairment are recognised immediately. to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would have
been had the impairment not previously been recognised.
3.10 Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the
related service is provided. Prepaid contributions are recognised as an asset to the extent that the
prepayment will lead to a reduction in future payments or a cash refund.
Vvhen contributions are not expected to be settled wholly within 12 months of the end of the reporting
date in which the employees render the related service, the liability is measured on a discounted
present value basis. The unwinding of the discount is recognised as an expense in the period in which
it arises.
4. Llmlted by guarantee
Each of the members of the company has guaranteed to contribute to the assets of the company in
the event of the same being wound up to the extent of £1.
5. Donations and legacies
Total
Funds
2025
Total
Funds
2024
Unrestrlcted Restrlcted
Funds
Funds
Grants
Nl Community Relations Council
Contract Income
Sustrans
TEO
Ashton Community Trust
101,882
101,882
97,104
4,476
6,454
6,850
234
6,850
234
7,084
101,882
108 966
108,034
6. Other tradlng actlvltlas
Total
Funds
2025
Total
Funds
2024
Unrestricted Restricted
Funds
Funds
Room hire
7,500
7,500
15,066
7. Expenditure on charitable activities by fund type
Total
Funds
2025
Total
Funds
2024
Unrestricted Restrlcted
Funds
Funds
Promotion of Peace Building Strategy
Support costs
5,473
54,966
60,439
112,822
118,295
175,994
108,860
284 854
112,822
173,261
15

Intercomm Ireland
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
Notes to the financial statements (continued)
8. Analysis of support costs
Promotion
of peace
building
strategy
Total
2025
Total
2024
Staff costs
Premises
Communications and IT
General office
Govecnance costs
61,568
19,372
4,906
868
40,033
8,936
875
5,122
54,966
40,033
8,936
875
5,122
108,860
9. Taxation
The Charity's activities fall within the exemptions afforded by the provisions of the income and
Corporation Taxes Act 1988. Accordingly, there is no taxation charge in these accounts.
10. Net (expenditure)
Net lexpenditurel is stated after charging..
31 Mar 25
31 Mar 24
Depreciation of tangible fixed assets
576
690
11. Staff Cost3
The total staff costs and employee benefits for the reporting period are analysed as follows:
2025
2024
Wages and salaries
Social security costs
Employer contributions to pension plans
76,461
3,310
142,678
10,129
156,758
The average number of employees during the period was 2 (2024.. 4).
No employee received employee benefits of more than £60,000 during the year (2024-. Nil).
Key Management Personnel
Key management personnel include all persons that have authority and responsibility for planning,
directing and controlling the activities of the charity The total compensation paid to key management
personnel for services provided to the charity was £80,595 (2024.. £80,719)
12. Trustee remuneration and expenses
The charity trustees were not paid or received any other benefits from employment with the Charity in
the year (2024.. £nil). During the year they were not reimbursed for travel expenses (2024.. £nil). No
charity trustee received payment for professional Of Other serwices supplies to the charity (2024.. £nil).
16

Intercomm Ireland
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
Notes to the financlal statements (continued)
13. Tangible fixed assets
Flxture8
and
fittings Equipment
Total
Cost
At 1 April 2024
At 31 March 2025
18,e62
18,662
21,144
21,144
2,482
Depreciation
At 1 April 2024
Charge for the period
At 31 March 2025
17,291
343
17,634
2,249
233
2,482
19,540
576
20,116
Carrying amount
At 31 March 2025
At 31 March 2024
1,028
1,371
1,028
1,604
233
14. Debtors
31 March 2025
31 March 2024
Trade debtors
Other debtors
49,472
106,750
221999
328 749
60,282
15. Cash and cash equivalents
31 March 2025
31 March 2024
Cash at bank and in hand
Bank overdrafts
158,543
40
158 503
154,825
154197
628
16. Credltors amounts falling due wlthln one year
31 March 2025
31 March 2024
Bank loans and overdrafts
Accruals and deferred income
Social Security and other taxes
40
18,258
154.197
29,453
48,831
232,481
17. Pensions and other post-retirement benefits defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution
plans was £4,134 (2024.. £3,951).
17

Intercomm Ireland
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
Notes to the flnanclal statements (continued)
18. Analysis of charitable funds
Unrestricted funds
At 1 April Income Expenditure
2024
At 31 March
2025
General funds
239,603
60 439
193 748
Restricted funds
At 1 April Income Expenditure At 31 March
2024
2025
NI CRC
Belfast City Council
IFI PIP
DFC
101,882
(101,882)
(7,775)
(2,611)
(554)
7,775
2,611
2,708
2,154
13 094 101 882
112 822
19. Analysis of assets between funds
Unrestricted
funds 2025
Restricted
Total
funds 2025 funds 2025
Total funds
2024
Tangible fixed assets
Current assets
Creditors due < 1yr
1,028
210,171
1,028
218,825
1,604
483,574
232 481
252 697
8,654
193 748
2,154
195 902
20. Elhlcal standard
In common with many other entities of our size and nature we use our auditors l independent
examiners to prepare and submit retums to the tax authorities and assist with the preparation of the
financial statement5.
21. Contingencies
A contingent liability exists to repay grants and Trust monies received should certain conditions not be
fulfilled by the Charity. In the opinion of the Trustees, the terms of the Letters of Offers have been, or
will be, complied with and no liability is expected.
22. Financial instruments
Trade receivables and trade payables are initially recognised at the transaction value and
subsequently carried at their settlement value. Both have not been discounted to present value
because the transactions are expected to be settled within 12 months of the reporting date.
23. Capital Commltments
The charity did not have any disclosable capital commitments as at the 31 March 2025.
18