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2025-08-31-accounts
|
Page |
|
| Reference and Administrative information |
3 |
|
| Directors' Annual Report |
4-8 |
|
| Statement ofDirectors' Responsibilities |
9 |
|
| Independent Examiners' report |
10 |
- 11 |
| Statement of financial activities |
12 |
|
| Balance Sheet |
13 |
|
| Notes to the financial statements |
14 |
- 17 |
| Directors |
Audrey Michelle Scott (resigned 23 May 2025) |
|
Elizabeth Gowen |
|
Caroline Riley |
|
JeremyLarner |
|
Ziada Lavoga Nurse |
|
Audrenneive Alareen Farrell (appointed 5 February 2026) |
| Charity number in Northern Ireland |
NIC 102128 |
| Company registration number |
N1702030 |
| Incorporation Date |
19 September 2023 |
| BusinessAddress |
Unit 5 |
|
Altona Business Park |
|
Altona Road |
|
Lisburn |
|
BT27 5QB |
| Registered Office |
Unit 5 |
|
Altona Business Park |
|
Altona Road |
|
Lisburn |
|
BT27 5QB |
| Accountant |
Grace Gault |
|
114 Ardmore Road |
|
Derryadd |
|
Lurgan |
|
BT66 6QP |
| Bankers |
Ulster Bank |
|
11-16 Donegall Square East |
|
Belfast |
|
BTI 5UB |
| Solicitor |
Edwards & Co |
|
28 Hill Street |
|
Belfast |
|
BTI 2LA |
|
Notes |
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
|
|
|
|
2025 |
2025 |
2025 |
2024 |
| INCOMING RESOURCES |
|
|
|
|
|
| Generated funds: |
|
|
|
|
|
| Voluntary Income |
|
|
|
|
|
| Gifts & Donations |
|
1,035 |
|
1,035 |
2,410 |
| Activities for generating funds |
|
|
|
|
|
| Student Fees |
|
162,199 |
|
162,199 |
120,590 |
| Residentials |
|
|
|
|
330 |
| Net Incoming Resources available for |
|
163,234 |
|
163,234 |
123,330 |
| charitable application |
|
|
|
|
|
| RESOURCES EXPENDED |
|
|
|
|
|
| Charitable activities |
|
(136,348) |
|
(136,348) |
(110,608) |
| Support costs |
|
(16,831) |
|
(16,831) |
(11,567) |
| TotalResources Expended on |
|
(153,179) |
|
(153,179) |
(122,175) |
| Charitable Activities |
|
|
|
|
|
| SURPLUS/(DEFICIT) FORTHE YEAR |
|
10,055 |
|
10,055 |
1,155 |
| RECONCILIATION OF FUNDS |
|
|
|
|
|
| Balances brought forward at |
|
1,155 |
|
1,155 |
|
| 1 September 2024 |
|
|
|
|
|
| Balances carried forward at |
|
11,210 |
|
11,210 |
1,155 |
| 31 August 2025 |
|
|
|
|
|
|
|
2025 |
2024 |
|
Notes |
|
|
| FIXED ASSETS |
|
|
|
| Tangible assets |
|
|
|
| CURRENT ASSETS |
|
|
|
| Debtors |
4 |
3,594 |
6,132 |
| Cash at bank and in hand |
|
58,861 |
31,274 |
|
|
62,455 |
37,406 |
| CREDITORS:Amounts falling due within |
|
|
|
| one year |
5 |
(51,245) |
(36,251) |
| NET CURRENT ASSETS |
|
11,210 |
1,155 |
| TOTAL ASSETS LESS CURRENT |
|
|
|
| LIABILITIES |
|
11,210 |
1,155 |
| NET ASSETS |
|
11,210 |
1,155 |
| FUNDS |
|
|
|
| Unrestricted funds |
|
11,210 |
1,155 |
| Restricted funds |
|
|
|
| TOTAL FUNDS |
6 |
11,210 |
1,155 |
|
Charitable |
Support |
|
|
|
Activities |
Costs |
Total |
Total |
|
2025 |
2025 |
2025 |
2024 |
| Wages& Salaries |
50,496 |
9,989 |
60,485 |
24,326 |
| Teaching Fees |
73,608 |
|
73,608 |
56,375 |
| Gatherings |
3,083 |
|
3,083 |
|
| Consultancy |
|
|
|
21,963 |
| Travel |
4,455 |
|
4,455 |
5,562 |
| Insurance |
603 |
|
603 |
542 |
| Room Hire |
550 |
|
550 |
1,852 |
| Computer |
2,871 |
|
2,871 |
2,687 |
| Gifts |
202 |
|
202 |
560 |
| Accountancy |
|
1,746 |
1,746 |
2,912 |
| Bank Charges |
|
115 |
115 |
789 |
| General |
480 |
|
480 |
317 |
| Legal & Professional |
|
4,981 |
4,981 |
4,290 |
| Totals |
136,348 |
16,831 |
153,179 |
122,175 |
|
|
|
2025 |
2024 |
|
The staff costscomprise: |
|
|
|
|
Wages and salaries |
|
60,385 |
24,326 |
|
Pension costs |
|
100 |
|
|
|
|
60,485 |
24,326 |
| 4. |
DEBTORS |
|
2025 |
2024 |
|
Student Fees |
|
3,594 |
6,132 |
|
|
|
3,594 |
6,132 |
| 5. |
CREDITORS:amounts falling due within one year |
|
2025 |
2024 |
|
Other taxes and social security costs |
|
969 |
2,000 |
|
Other creditors |
|
2,896 |
4,908 |
|
Accruals and deferred income |
|
47,380 |
29,343 |
|
|
|
51,245 |
36,251 |
| 6. |
ANALYSIS OF NET ASSETS BY FUND |
Current |
Current |
Total |
|
|
Assets |
Liabilities |
|
|
Unrestricted Income |
62,455 |
(51,245) |
11,210 |
|
Restricted Income |
|
|
|
|
|
62,455 |
(51,245) |
11,210 |
| MOVEMENT IN FUNDS |
|
|
|
|
|
|
|
|
Incoming |
Resources |
|
|
1 sep 2024 |
|
Resources |
Expended |
31 Aug 25 |
| Unrestricted funds |
|
|
|
|
|
| General fund |
|
1,155 |
163,234 |
(153,179) |
11,210 |
| Restricted funds |
|
|
|
|
|
| Other Donations |
|
|
|
|
|
| TOTAL FUNDS |
|
1,155 |
163,234 |
(153,179) |
11,210 |