# **STRABANE ETHNIC COMMINUITY ASSOCIATION UNAUDITED ACCOUNTS**
## **31 MARCH 2017**
## **Charity Number NIC100003**
## **SP McCAFFREY & CO**
Chartered Accountants 50 Campsie Road Omagh Co Tyrone BT79 0AG
## **STRABANE ETHNIC COMMINUITY ASSOCIATION**
## **ACCOUNTS**
## **YEAR ENDED 31 MARCH 2017**
|**CONTENTS**|**PAGE**|
|---|---|
|Trustees' annual report|**1**|
|Independent examiner's report to the trustees and||
|members|**3**|
|Statement of Financial Activities (incorporating the||
|income and expenditure account)|**5**|
|Balance sheet|**6**|
|Notes to the accounts|**7**|
|**The following pages do not form part of the accounts**||
|Detailed statement of financial activities|**12**|
## **STRABANE ETHNIC COMMINUITY ASSOCIATION**
# **TRUSTEES' ANNUAL REPORT**
# **YEAR ENDED 31 MARCH 2017**
The trustees present their report and the unaudited accounts of the charity for the year ended 31 March 2017.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Registered charity name** Strabane Ethnic Comminuity Association **Charity registration number** NIC100003
**Principal office**
2 Abercorn Square Strabane Co. Tyrone BT82 8AN
## **The trustees**
The trustees who served the charity during the period were as follows:
Mr Bozena Rojkowic Mr Peter Joseph Mr Daljeet Kaur Guram Mrs Josephine Rao Mr Janaka Lokugamage Mr Marius Fritea Darius Mrs Janina Mc Grinder
Mrs Janina Mc Grinder was appointed as a trustee on 1 April 2016.
**Secretary** Josephine Rao
## **OBJECTIVES AND ACTIVITIES**
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
## **ACHIEVEMENTS AND PERFORMANCE**
The Executive Committee' are satisfied that the Association has continued to meet its key aims and objectives.
**- 1 -**
## **STRABANE ETHNIC COMMINUITY ASSOCIATION**
## **TRUSTEES' ANNUAL REPORT** _**(continued)**_
## **YEAR ENDED 31 MARCH 2017**
## **FINANCIAL REVIEW**
The Association is non-profit making and the trustees are aware of the sustainable use of resources.
## Reserves Policy
The Executive Committee' of Strabane Ethnic community Association have set up a reserves policy which requires that the reserves be maintained at a level which ensures that the organisations core activities could continue during a period of unforeseen difficulty. The Trustees consider that this figure should be £5000 and will endeavour to maintain it at this level.
## **PLANS FOR FUTURE PERIODS**
The Executive Committee have plans for a future project which necessitates fundraising on their behalf
## **INDEPENDENT EXAMINER**
Seamus Mc Caffrey has been re-appointed as independent examiner for the ensuing year.
:
Signed by order of the trustees
Josephine Rao Charity Secretary
........................
**- 2 -**
## **STRABANE ETHNIC COMMINUITY ASSOCIATION**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES AND MEMBERS OF STRABANE ETHNIC COMMINUITY ASSOCIATION**
## **YEAR ENDED 31 MARCH 2017**
I report on the accounts of the charity for the year ended 31 March 2017 which are set out on pages 5 to 10.
## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER**
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 65 of the Charities Act Northern Ireland 2008 Accounts and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 65 of the 2008 Act
- to follow the procedures laid down in the general Directions given by the Charity Commission Northern Ireland, and
- to state whether particular matters have come to my attention.
## **BASIS OF INDEPENDENT EXAMINER'S REPORT**
My examination was carried out in accordance with the general Directions given by the Charity Commission of Northern Ireland 2008. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **INDEPENDENT EXAMINER'S STATEMENT**
In the course of my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 63 of the Charities NI Act 2008 and
- to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 64 of the Charities Northern Ireland Act 2008, and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**- 3 -**
## **STRABANE ETHNIC COMMINUITY ASSOCIATION**
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES AND MEMBERS OF STRABANE ETHNIC COMMINUITY ASSOCIATION** _**(continued)**_
## **YEAR ENDED 31 MARCH 2017**
Seamus Mc Caffrey Independent examiner
50 Campsie Road Omagh Co Tyrone BT79 0AG
........................
**- 4 -**
## **STRABANE ETHNIC COMMINUITY ASSOCIATION**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT)**
## **YEAR ENDED 31 MARCH 2017**
|||**Unrestricted**|**Restricted**|**Total Funds**|Total Funds|
|---|---|---|---|---|---|
|||**Funds**|**Funds**|**2017**|2016|
||**Note**|**£**|**£**|**£**|£|
|**INCOMING RESOURCES**||||||
|Incoming resources from||||||
|generating funds:||||||
|Voluntary income|**2**|**–**|**52,875**|**52,875**|61,367|
|Activities for generating||||||
|funds|**3**|**1,270**|**1,500**|**2,770**|710|
|Investment income|**4**|**–**|**–**|**–**|5|
|||!!!!!!!|!!!!!!!!!|!!!!!!!!!|!!!!!!!!!|
|**TOTAL INCOMING**||||||
|**RESOURCES**||**1,270**|**54,375**|**55,645**|62,082|
|||!!!!!!!|!!!!!!!!!|!!!!!!!!!|!!!!!!!!!|
|**RESOURCES EXPENDED**||||||
|Charitable activities|**5/6**|**(2,836)**|**(54,375)**|**(57,211)**|(61,398)|
|||!!!!!!!|!!!!!!!!!|!!!!!!!!!|!!!!!!!!!|
|**TOTAL RESOURCES**||||||
|**EXPENDED**||**(2,836)**|**(54,375)**|**(57,211)**|(61,398)|
|||!!!!!!!|!!!!!!!!!|!!!!!!!!!|!!!!!!!!!|
|**NET**||||||
|**(OUTGOING)/INCOMING**||||||
|**RESOURCES FOR THE**||||||
|**YEAR**/**NET**||||||
|**(EXPENDITURE)/INCOME**||||||
|**FOR THE YEAR**||**(1,566)**|**–**|**(1,566)**|684|
|**RECONCILIATION OF**||||||
|**FUNDS**||||||
|Total funds brought forward||**8,917**|**–**|**8,917**|8,233|
|||!!!!!!!|!!!!|!!!!!!!|!!!!!!!|
|**TOTAL FUNDS CARRIED**||||||
|**FORWARD**||**7,351**|**–**|**7,351**|8,917|
|||"""""""|""""|"""""""|"""""""|
The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
**The notes on pages 7 to 10 form part of these accounts.**
**- 5 -**
## **STRABANE ETHNIC COMMINUITY ASSOCIATION**
## **BALANCE SHEET**
## **31 MARCH 2017**
|||**2017**||2016|
|---|---|---|---|---|
||**Note**|**£**|**£**|£|
|**FIXED ASSETS**|||||
|Tangible assets|**8**||**306**|382|
|**CURRENT ASSETS**|||||
|Debtors|**9**|**8,487**||10,971|
|Cash in hand||**201**||53|
|||!!!!!!!||!!!!!!!!!|
|||**8,688**||11,024|
|**CREDITORS: Amounts falling due within one**|||||
|**year**|**10**|**(1,643)**||(2,489)|
|||!!!!!!!||!!!!!!!!!|
|**NET CURRENT ASSETS**|||**7,045**|8,535|
||||!!!!!!!|!!!!!!!|
|**TOTAL ASSETS LESS CURRENT LIABILITIES**|||**7,351**|8,917|
||||!!!!!!!|!!!!!!!|
|**NET ASSETS**|||**7,351**|8,917|
||||"""""""|"""""""|
|**FUNDS**|||||
|Unrestricted income funds|**11**||**7,351**|8,917|
||||!!!!!!!|!!!!!!!|
|**TOTAL FUNDS**|||**7,351**|8,917|
||||"""""""|"""""""|
Trustees' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 65; and
- The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts were approved by the members of the committee and authorised for issue on the ........................ and are signed on their behalf by:
Mr Bozena Rojkowic
Trustee
**The notes on pages 7 to 10 form part of these accounts.**
**- 6 -**
**STRABANE ETHNIC COMMINUITY ASSOCIATION**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2017**
## **1. ACCOUNTING POLICIES**
## **Basis of accounting**
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), and the requirements of the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005).
## **Fixed assets**
All fixed assets are initially recorded at cost.
## **2. VOLUNTARY INCOME**
||||**Restricted**|**Total Funds**|Total Funds|
|---|---|---|---|---|---|
||||**Funds**|**2017**|2016|
||||**£**|**£**|£|
||**Grants receivable**|||||
||DFC||**44,095**|**44,095**|46,250|
||DCSDC Good Relations Multicultural Event||**3,500**|**3,500**|4,000|
||Lloyds TSB-Youth Programme||**–**|**–**|1,489|
||DCSDC Community Festivals||**4,200**|**4,200**|3,745|
||DFC AIVC||**1,080**|**1,080**|1,965|
||OFMDFM Shared Diversity in Community||**–**|**–**|2,881|
||OFMDFM Central Good relation Programme||**–**|**–**|1,037|
||||!!!!!!!!!|!!!!!!!!!|!!!!!!!!!|
||||**52,875**|**52,875**|61,367|
||||"""""""""|"""""""""|"""""""""|
|**3.**|**INCOMING RESOURCES FROM ACTIVITIES**||**FOR GENERATING FUNDS**|||
|||**Unrestricted**|**Restricted**|**Total Funds**|Total Funds|
|||**Funds**|**Funds**|**2017**|2016|
|||**£**|**£**|**£**|£|
||Fundraising events|**1,270**|**–**|**1,270**|160|
||Irish Churches|**–**|**–**|**–**|50|
||Customised Training Servicies|**–**|**1,500**|**1,500**|–|
||Strabane Distrct Council- Language|||||
||Trasnlation|**–**|**–**|**–**|500|
|||!!!!!!!|!!!!!!!|!!!!!!!|!!!!|
|||**1,270**|**1,500**|**2,770**|710|
|||"""""""|"""""""|"""""""|""""|
|**4.**|**INVESTMENT INCOME**|||||
|||||**Total Funds**|Total Funds|
|||||**2017**|2016|
|||||**£**|£|
||Bank interest receivable|||**–**|5|
|||||""""|""""|
**- 7 -**
## **STRABANE ETHNIC COMMINUITY ASSOCIATION**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2017**
## **5. COSTS OF CHARITABLE ACTIVITIES BY FUND TYPE**
|||**Unrestricted**|**Restricted**|**Total Funds**|Total Funds|
|---|---|---|---|---|---|
|||**Funds**|**Funds**|**2017**|2016|
|||**£**|**£**|**£**|£|
||Direct Charitable Expenditure|**2,836**|**54,375**|**57,211**|61,398|
|||"""""""|"""""""""|"""""""""|"""""""""|
|**6.**|**COSTS OF CHARITABLE ACTIVITIES BY ACTIVITY TYPE**|||||
||||**Activities**|||
||||**undertaken**|**Total Funds**|Total Funds|
||||**directly**|**2017**|2016|
||||**£**|**£**|£|
||Direct Charitable Expenditure||**57,211**|**57,211**|61,398|
||||"""""""""|"""""""""|"""""""""|
|**7.**|**STAFF COSTS AND EMOLUMENTS**|||||
||**Total staff costs were as follows:**|||||
|||||**2017**|2016|
|||||**£**|£|
||Wages and salaries|||**25,419**|25,714|
||Social security costs|||**–**|–|
|||||!!!!!!!!!|!!!!!!!!!|
|||||**25,419**|25,714|
|||||"""""""""|"""""""""|
||**Particulars of employees:**|||||
||The average number of employees|during the year, was as follows:||||
|||||**2017**|2016|
|||||**2**|2|
No employee received remuneration of more than £60,000 during the year
**- 8 -**
## **STRABANE ETHNIC COMMINUITY ASSOCIATION**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2017**
## **8. TANGIBLE FIXED ASSETS**
||||||**Fixtures & Fittings**|**Fixtures & Fittings**|**Fixtures & Fittings**|
|---|---|---|---|---|---|---|---|
||||||||**£**|
||**COST**|||||||
||**At 1 April 2016 and 31 March 2017**||||||**4,433**|
||||||||"""""""|
||**DEPRECIATION**|||||||
||At 1 April 2016||||||**4,051**|
||Charge for the year||||||**76**|
||||||||!!!!!!!|
||**At 31 March 2017**||||||**4,127**|
||||||||"""""""|
||**NET BOOK VALUE**|||||||
||**At 31 March 2017**||||||**306**|
||||||||""""|
||At 31 March 2016||||||382|
||||||||""""|
|**9.**|**DEBTORS**|||||||
||||||**2017**||2016|
||||||**£**||£|
||Trade debtors||||**8,487**||10,971|
||||||"""""""||"""""""""|
|**10. **|**CREDITORS:** **Amounts falling due within one year**|||||||
||||||**2017**||2016|
||||||**£**||£|
||Bank loans and overdrafts||||**754**||1,600|
||Trade creditors||||**657**||657|
||Accruals and deferred income||||**232**||232|
||||||!!!!!!!||!!!!!!!|
||||||**1,643**||2,489|
||||||"""""""||"""""""|
|**11. **|**UNRESTRICTED INCOME**|**FUNDS**||||||
|||**Balance at**||**Incoming**|**Outgoing**||**Balance at**|
|||**1 April**|**2016**|**resources**|**resources**|**31 March 2017**||
||||**£**|**£**|**£**||**£**|
||General Funds|**8,917**||**1,270**|**(2,836)**||**7,351**|
|||"""""""||"""""""|"""""""||"""""""|
**- 9 -**
## **STRABANE ETHNIC COMMINUITY ASSOCIATION**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2017**
## **12. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
||**Tangible**|**Net current**||
|---|---|---|---|
||**fixed assets**|**assets**|**Total**|
||**£**|**£**|**£**|
|**Unrestricted Income Funds**|**306**|**7,351**|**7,657**|
||!!!!|!!!!!!!|!!!!!!!|
|**Total Funds**|**306**
""""|**7,351**
"""""""|**7,657**
"""""""|
**- 10 -**
## **STRABANE ETHNIC COMMINUITY ASSOCIATION**
## **MANAGEMENT INFORMATION**
## **YEAR ENDED 31 MARCH 2017**
**The following pages do not form part of the statutory accounts which are the subject of the independent examiner's report on pages 3 to 4** .
**- 11 -**
## **STRABANE ETHNIC COMMINUITY ASSOCIATION**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
## **YEAR ENDED 31 MARCH 2017**
|||**2017**||2016|
|---|---|---|---|---|
||**£**||**£**|£|
|**INCOMING RESOURCES**|||||
|**VOLUNTARY INCOME**|||||
|DFC|||**44,095**|46,250|
|DCSDC Good Relations Multicultural Event|||**3,500**|4,000|
|Lloyds TSB-Youth Programme|||**–**|1,489|
|DCSDC Community Festivals|||**4,200**|3,745|
|DFC AIVC|||**1,080**|1,965|
|OFMDFM Shared Diversity in Community|||**–**|2,881|
|OFMDFM Central Good relation Programme|||**–**|1,037|
||||!!!!!!!!!|!!!!!!!!!|
||||**52,875**|61,367|
||||!!!!!!!!!|!!!!!!!!!|
|**ACTIVITIES FOR GENERATING FUNDS**|||||
|Fundraising events|||**1,270**|160|
|Irish Churches|||**–**|50|
|Customised Training Servicies|||**1,500**|–|
|Strabane Distrct Council- Language Trasnlation|||**–**|500|
||||!!!!!!!|!!!!|
||||**2,770**|710|
||||!!!!!!!|!!!!|
|**INVESTMENT INCOME**|||||
|Bank interest receivable|||**–**|5|
||||!!!!|!!!!|
||||!!!!!!!!!|!!!!!!!!!|
|**TOTAL INCOMING RESOURCES**|||**55,645**|62,082|
||||!!!!!!!!!|!!!!!!!!!|
|**RESOURCES EXPENDED**|||||
**- 12 -**
## **STRABANE ETHNIC COMMINUITY ASSOCIATION**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
## **YEAR ENDED 31 MARCH 2017**
|||**2017**||2016|
|---|---|---|---|---|
||**£**||**£**|£|
|**CHARITABLE ACTIVITIES**|||||
|Staff costs - Wages & Salaries|||**25,419**|25,714|
|Establishment - Repairs & maintenance|||**–**|175|
|Rent|||**9,687**|10,306|
|Heat & Light|||**916**|853|
|Legal Fees|||**84**|–|
|Insurance|||**1,185**|872|
|Stationary|||**173**|858|
|Subscriptions|||**–**|20|
|Donations|||**630**|250|
|Telephone|||**793**|649|
|Travel|||**105**|227|
|Projects & Courses|||**11,526**|12,594|
|Administration Wages|||**5,953**|8,039|
|Accounts Fee|||**479**|476|
|Depreciation|||**76**|–|
|Bank Fees|||**114**|106|
|Training|||**–**|95|
|Cleaning|||**71**|164|
||||!!!!!!!!!|!!!!!!!!!|
||||**57,211**|61,398|
||||!!!!!!!!!|!!!!!!!!!|
||||!!!!!!!!!|!!!!!!!!!|
|**TOTAL RESOURCES EXPENDED**|||**57,211**|61,398|
||||!!!!!!!!!|!!!!!!!!!|
||||!!!!!!!|!!!!|
|**NET (OUTGOING)/INCOMING RESOURCES**|||||
|**FOR THE YEAR**|||**(1,566)**
"""""""|684
""""|
**- 13 -**
## **STRABANE ETHNIC COMMINUITY ASSOCIATION**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
## **YEAR ENDED 31 MARCH 2017**
|||**2017**||2016|
|---|---|---|---|---|
||**£**||**£**|£|
|**CHARITABLE ACTIVITIES**|||||
|**Direct Charitable Expenditure**|||||
|**_Activities undertaken directly_**|||||
|Staff costs - Wages & Salaries|||**25,419**|25,714|
|Establishment - Repairs & maintenance|||**–**|175|
|Rent|||**9,687**|10,306|
|Heat & Light|||**916**|853|
|Legal Fees|||**84**|–|
|Insurance|||**1,185**|872|
|Stationary|||**173**|858|
|Subscriptions|||**–**|20|
|Donations|||**630**|250|
|Telephone|||**793**|649|
|Travel|||**105**|227|
|Projects & Courses|||**11,526**|12,594|
|Administration Wages|||**5,953**|8,039|
|Accounts Fee|||**479**|476|
|Depreciation|||**76**|–|
|Bank Fees|||**114**|106|
|Training|||**–**|95|
|Cleaning|||**71**|164|
||||!!!!!!!!!|!!!!!!!!!|
||||**57,211**
!!!!!!!!!|61,398
!!!!!!!!!|
**- 14 -**