2023-04-30-accounts

		Pages
Trustees' Annual Report		2to4
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Accounts		8to 15
Detailed Statement of Financial Activities		16to 17

aemen nanca ctv Forthe year ended 30April	tes 2023
		Unrestricted
		funds	Total funds	Total funds
		2023	2023	2022
	Notes	E	E	E
Income and endowments
from:
Donations and legacies		483,106	483,106	434,866
Other				26,981
Total		483,106	483,106	461,847
Expenditure on:
Charitable activities		404,975	404,975	271,326
Other		136,283	136,283	102,311
Total		541,258	541,258	373,637
Net gains on investments
Net income/(expenditure)		(58,152)	(58,152)	88,210
Transfers between funds
Net income/(expenditure)		(58,152)	(58,152)	88,210
before other gains/(losses)
Other gains and losses
Net movement in funds		(58,152)	(58,152)	88,210
Reconciliation offunds:
Total funds brought forward		93,876	93,876	5,666
Total funds carried forward		35,724	35,724	93,876

Fixed assets
Tangible assets			11	28,127	37,502
				28,127	37,502
Current assets
Stocks			12	20,183	18,965
Debtors			13	4,500	183,504
Cash at bank and		in hand		27,225	20,154
				51,908	222,623
Creditors: Amount		falling due within one year	14	(21,810)	(124,155)
Net current assets				30,098	98,468
Total assets less current liabilities				58,225	135,970
Creditors: Amounts	falling due after more than one year		15~22 551		42 094
Net assets excluding		pension asset or liability		35,724	93,876
Total net assets				35,724	93,876
The funds ofthe charity
Restricted funds			16
Unrestricted funds			16
General funds				35,724	93,876
				35,724	93,876
Reserves			16
Totalfunds				35,724	93,876

Republic of Ireland	(FRS102)and the Companies Act 2006.
Change in basis of	accounting orto previous accounts
There has been no	change to the accounting policies (valuation rules and method			ofaccounting)		since
last year and no changes have been made to accounts for previous years.
Fund accounting
Unrestricted funds	These are available for use at the discretion ofthe trustees			in furtherance		ofthe
	general objects ofthe charity.
Designated funds	These are unrestricted funds earmarked by the trustees	for particular purposes.
Revaluation funds	These are unrestricted funds which include a revaluation		reserve representing				the
	restatement of investment assets at their market values.
Restricted funds	These are available for use subject to restrictions imposed		by the donor		or	through
	terms ofan appeal.
Income
Recognition of	Income is included in the Statement of Financial Activities		(SoFA) when		the	charity
income	becomes entitled to, and virtually certain to receive, the income and the				amount of
	the income can be measured with sufficient reliability.
Income with related	Where income has related expenditure the income and	related expenditure				is
expenditure	reported gross in the SoFA.
Donations and	Voluntary income received by way ofgrants, donations	and		gifts is included		in the
legacies	the SoFA when receivable and only when the Charity has		unconditional
	entitlement to the income.
Tax reclaims on	Income from tax reclaims is included in the SoFAat the same time as the
donations and gifts	gift/donation to which it relates.
Donated services	These are only included in income (with an equivalent amount in expenditure)
and facilities	where the benefit to the Charity is reasonably quantifiable,			measurable	and
	material.
Volunteer help	The value ofany volunteer help received is not included	in	the accounts.
Investment income	This is included in the accounts when receivable.
Gains/(losses) on	This includes any gain or loss resulting from revaluing investments to market					value
revaluation offixed	at the end ofthe year.
assets
Gains/(losses) on	This includes any gain or loss on the sale ofinvestments.
investment assets

3 Statement	ofFinancial	Activities - prior year
				Unrestricted
				funds	Totalfunds
				2022	2022
Income and endowments		from:
Donations	and legacies			434,866	434,866
Other				26,981	26,981
Total				461,847	461,847
Expenditure on:
Charitable	activities			271,326	271,326
Other				102,311	102,311
Total				373,637	373,637
Net income				88,210	88,210
Net income before other				88,210	88,210
gains/(losses)
Other gains and losses:
Net movement	in funds			88,210	88,210
Reconciliation	offunds:
Total funds brought forward				5,666	5,666
Total funds carried forward				93,876	93,876
4 Income from donations		and legacies
			Unrestricted	Total	Total
				2023	2022
					E
Housing and Support			360,212	360,212	364,048
Donations			93,334	93,334	39,122
Food donations			29,560	29,560	31,696
			483,106	483,106	434,866
5 Other income
			Unrestricted	Total	Total
				2023	2022
Government	Grant				26,981
					26,981

6	Expenditure	on charit	able		activities
							Unrestricted	Total	Total
								2023	2022
	Expenditure	on charitable
	activities
	Housing services						353,742	353,742	218,152
	Food given	out					17,890	17,890	15,332
	Motor and	travelling					12,238	12,238	13,825
	Light and heat						3,522	3,522	10,248
	Governance	costs
	Accountancy	fees					3,071	3,071	2,400
	Legal and professional						14,512	14,512	11,369
	expenses
							404,975	404,975	271,326
7	Other expenditure
							Unrestricted	Total	Total
								2023	2022
	Bank loan and overdraft
	interest payable						500	500	1,391
	Employee costs						89,554	89,554	69,124
	Premises costs						24,682	24,682	9,138
	Amortisation,	depreciation,
	impairment,	profit/loss	on				9,375	9,375	12,500
	disposal offixed assets
	General administrative		costs				12,171	12,171	10,158
							136,282	136,282	102,311
8	Net income/(expenditure)			before
	transfers
							2023		2022
	This is stated	after charging:					E		E
	Depreciation	ofowned	fixed		assets		9.375		12,500
9	Trustee remuneration		and	expenses
	One or more	ofthe trustees			has been paid remuneration	in the current or prior		periods.
								Other
	Trustee				Remuneration		Pension	benefits
	Alaba Adeniyi	Adetunji			23,250		530

Fairways Accommodation Support Trust
Notes to the Accounts
10 Staff costs
Salaries and wages	66,430	58,766
Social security costs	2,879	805
Pension costs	2,171 ~72 4	273 ~59844

11	Tangible fixed assets
			Motor	Fixtures,
			vehicles	fittings &	Total
				equipment
				6
	Cost or revaluation
	At 1May 2022 At 30April 2023		31,100 ~22	41,088 41088	72,188 ~72 1
	Depreciation and
	impairment
	At 1May 2022		14,775	19,911	34,686
	Depreciation charge forthe year At 30April 2023		4,081 18856	5,294 ~2	9,375 44 061
	Net book values
	At 30April 2023 At 30April 2022		~2244 ~1325	~25 8 21177	2252?7 ~72
12	Stocks
			2023		2022
			6		6
	Finished goods		20,183		18,965
			20 183		18565
	Carrying value analysed	by activities	2023		2022
			6
	Food given out		20,183		18,965
13	Debtors
			2023		2022
			6		6
	Trade debtors				179,004
	Prepayments and accrued income		4,500		4,500
					~283 5 4

Fairways Accommodation	Fairways Accommodation	Support	Trust
Notes to the Accounts
14 Creditors:
amounts falling due within one year
					2023		2022
					f		f
Otherloans					9,166		7,059
Other taxes and social security					4,537		8,788
Loans from trustees							105,854
Other creditors					5,707		103
Accruals and deferred		income			2,400		2,351
					21,810		124,155
15 Creditors:
amounts falling due after more			than one
year
					2023		2022
					f		f
Bank loans	and overdrafts				22,501		42,094
					22 501		42 034
16 Movement	in funds
					Incoming
					resources
					(including	Resources	At 30April
					other	expended	2023
				At 1May	gains/losses
				2022
Restricted funds:
Unrestricted	funds:
General funds				93,876	483,106	(541,258)	35,724
Revaluation	Reserves:
Total funds				~6	453106	~5422	35724
17 Analysis ofnet assets between			funds
						Unrestricted
							Total
						funds
						f	f
Fixed assets						28,127	28,127
Net current	assets					51,908	51,908
Creditors due in more than one provisions			year and			(22,501) — 56654	(22,501) ~7534

	At 1May		At 30April
	2022	Cash flows	2023
	6	6	E
Cash and cash equivalents	20,124	7,101	27,225
	20,124	7,101	27,225
Borrowings	(7,059)	1,558	(5,501)
Bankloans	(42,094)	10,427	(31,667)
	(29,029)	19,086	(9,943)
Net debt	~29929	~1966	~9963

Annual co	mmitments under non-cancellable	operating leases are	as follows:
		2023	2023	2022	2022
		Land and	Other	Land and	Other
		buildings		buildings
Operating	leases with expiry date:
Pension commitments
			2023		2022
					f
The pension cost charge to the company
amounted	to:				~73

				Unrestricted
				funds	Total funds	Total funds
				2023	2023	2022
				E	E	E
Income and endowments			from:
Donations and legacies
Housing and Support				360,212	360,212	364,048
Donations				93,334	93,334	39,122
Food donations				29,560	29,560	31,696
				483,106	483,106	434,866
Other
Government Grant						26,981
						26,981
Total income and endowments				483,106	483,106	461,847
Expenditure on:
Charitable activities
Housing services				353,742	353,742	218,152
Food given out				17,890	17,890	15,332
Motor and travelling		expenses		12,238	12,238	13,825
Light and heat				3,522	3,522	10,248
				387,392	387,392	257,557
Governance costs
Accountancy fees				3,071	3,071	2,400
Legal and professional		expenses		14,512	14,512	11,369
				17,583	17,583	13,769
Total ofexpenditure charitable activities	on			404.975	404,975	271,326
Other expenditure
Bank loan and overdraft interest payable				500	500	1,391
				500	500	1,391
Employee costs
Salaries/wages				43,181	43,181	25,673
Directors' remuneration				23,250	23,250	33,093
Employer's NIC				2,879	2,879	805
Pension costs				1,013	1,013	273
Stafftraining				14,676	14,676	1,072
Temporary staff				4,555	4,555	8,208
				89,554	89,554	69,124

Premises costs
Rent			7,030	7,030	4,763
Rates			16,885	16,885	2,603
Premises cleaning			767	767	1,772
			24,682	24,682	19,376
Generaladministrative		costs,
including depreciation		and
amortisation
Depreciation ofMotor vehicles			4,081	4,081	5,441
Depreciation of Fixtures,			5,294	5,294	7,059
fittings &equipment
Bank charges			243	243	131
General insurances			1,489	1,489
Advertising			603	603	115
Postage and couriers			2,252	2,252	2,310
Software, ITsupport	and				580
related costs
Stationery and printing			906	906	1,574
Sundry expenses			3,397	3,397	3,062
Telephone, fax and broadband			3,171	3,171	2,386
			21,547	21,547	22,658
Total ofexpenditure of		other	136,283	136,283	102,311
costs
Total expenditure			541,258	541,258	373,637
Net gains on investments
Net income/(expenditure)			(58,152)	(58,152)	88,210
Net income/(expenditure)		before
other gains/(losses)
Other Gains
Net movement in funds			(58,152)	(58,152)	88,210
Reconciliation offunds:
Total funds brought forward			93,876	93,876	5,666
Total funds carried forward			35,724	35,724	93,876