|||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|