Registration number N1039778
Charity number: NIC100015
The North Wost Community Network
(Company Ilmlted by guarantee)
Directors, report and flnanclal statements
for the year onded 31 Marcli 2024

The North West Community Network
Company limited by guarantee
Contents
Pago
Infonnation
Directors, Report
Independent Examinerfs Report
Stateinent of Financial Activities
Balaiice sheet
Notes to tlie financial stateinents
9.15

The North West Community Network
Company limited by guarantee
Company Informatlon
Directors
Donna McAnneny
Patricia Rose Bray
Liam Milligan
Mary Scally
Martin Mccartney
Eliza Browiiing
Nuala Crilly
Secretary
Roisin McLauglilin
Cliarity nuinber
XR21800
NIC100015
Company nLimb¢r
N1039778
R¢gist¢r¢d office
8-14 Bishop Street
D¢rry
BT48 6PW
Accountaiits
McGroarty Mccafferty & Compaiiy Ltd
Accountaiits & Tax Consultants
2 Carlisle Terrace
Derry
BT48 6JX
Business address
8-14 Bishop Street
Derry
BT48 6PW
Bankers
AJB (NI)
Meadowbank
Strand Road
Derry
BT48 7TN
Page I

The North West Community Nehvork
Company limited by guarantee
Directors, report
for the year ended 31 March 2024
The directors present tlieir report and tlie financial statements for tlie year elided 31 March 2024.
Dlrectors and thelr Interests
Tlie directors oftlie charity for the purposes of ¢liarity law and throughout this report are collectively referred
to as tlie directors.
Tlie directors serving during tlie year and since the year end were as follows;
Patricia Rose Bray
Liaiii Milligan
Donna McAnneny
Mary Scally
Martin Mccartney
Eliza Browning
Nuala Crilly
Objectlves and actlvltles
NWCN provides community development siipport and leadership to commuiiity organisations across tlie
North-west areo. NWCN moves 011 a continuum stretcliing from operational and practical inputs to those
more strategic in natiire. NWCN is active on many froiits ensuring tliat communities are supported in what
tliey do, able to provide cominunity perspective and influence at decision-lnaking level, aiid competently
represented by NWCN through tlie strategic linkages it lias built. Tlie Inost recognisable feature of NWCN is
its range of information services functioning on the premise that infonnation supports engagetncnt which
facilitate5 lobbying and influencing activity. These include..
A weekly ebulletin.
Moiithly consultation e-bulletiiis,
Website & social networking updates and notifications.
Tliese communicatioiis rely heavily 011 a database amounting to over 300 regular recipients (and
contributors), primarily from tli¢ community and voluntary se¢tor thougli with ali increasing proportion of
statutory associates. This is recognised as the most comprehensive database for the community aiid volLintary
sector in tlie area, constantly being refined and evolved. The otlier pillar tliat supports these services is solid
and skilful research on sectoral issues. NWCN also supports the learniiig, Tn¢lusioii aiid activism of sectoral
olleagiies tlirougli:
Sub-regional and networking events on tliemes relevant to tli¢ sector.
Customised training to develop lobbying & influencing skills.
Workii)g witli seldom-lieard groups 011 ¢oiiimuiiity developiiient practice.
Engaging ivith cross-sectoral fora to improve rommunicatiorts & relationships.
Participating iii stakeholder groups to deliver more co-ordinated activity on matters of engagement and
influence.
Supporting all netsvorkiIig activity in tlie area.
Leading through good practice on e.g. governance & user involvement.
Developing collective activity on policy issues relevant to the North West.
Promoting social partnership.
Page 2

The North West Community Network
Company limited by guarantee
Directors, report
for the year endcd 31 March 2024
contiiiued
Publi¢ Benefit
The rnain beiiefit IS to proinote citizenship and coinmunity development within the coinmunity and voluiitary
sector, meaniiig charities and voluiitary organisations, for tlie benefit of tlie public througli providing advice
and information, training9 coiiferences and seminars on subjects relevant to the efficiency of the voluntary
sector, and representation on matters relating to government policy and legislation, leading to a more active,
eiigaged aiid participative society. Health liaising witli statLltory agencies to infllience tliose witli decision
making powers in the sector so that Health & Social Care policy and provision is more directly influenced by
public exp¢rienc¢, needs and creativity. Reaching out to ihe seldom heard groups in soBiety (e.g. carer5) thiis
facilitating increased iiiclusioii aiid iiiflueiice for these sectioiis of tlie public. Educatioii tlirough deliveriiig
community education and training, briiiging about an increase in public learning) kiiowledge aiid community
activism. Relief of povety by attending relevant training workshops seminars meetings and sharing
knoivledge with wider sector to create more inforined, connected aiid active communities and advocates
within these.
Governlng Document
Tlie organisatioii is a compaiiy witli charitable status. The charity was incorporated on 4 December 2000.
The company was establislied under Memorandum & Articles of Association whicli outliiied the area of
beii¢fit and tlie objects of the charitq< ble organisatioii.
Rlsk Mgnagemcnt
Tlie directors have a risk management strategy wliicli consists of establisliing a system of identifying risks and
mitigatiiig such risks.
Rcsults & Performance
Tlie result5 and performance for tlie year of Tlie North West Cominuiiity Network are summarised in tlie
Aniiual Report, this is available on request.
Directors Responslbllltles In Relatlon To Tho Financial Statements
Coinpany law requires tlie directors to prepare financial statements for each financial year tliat give a true and
fair view of tlie state of tl)e affairs of tli¢ cliarity at the end of the financial year and of its surplus or deficit for
the financial year. In doing so tlie directors are required to:
select siiitable accounting policies and apply tliem consistently.
obs¢rv¢ methods and principles in tlie charitie5 SORP.
make judgements and estiinates that are reasonable and prudent.
prepare tlie financial statements on th¢ going concem basis unless it is inappmpriate to presum¢ tliat the
charity will continue in business.
The directors are responsible for maiiitaining proper accounting records which disclose with reasonable
accuracy at any time tlie fInancial position of tlie cliarity and enables tl)em to ensure that the financial
stateinents comply with the Companies Act 2006. Tlie directors are also responsible for safeguarding the
asscts of the charity and Iience for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
Page 3

The North West Community Network
Company limited by guarantee
Directors, report
for the yeAr ended 31 March 2024
continued
This report is prepared in accordance with the special provisions of part 15 of the Companies Act 2006
relating to small companies.
Independent Examiner
resolution to re-appoint McGroaty, Mccafferty & Company Ltd as iiidepeiident examiners will be
proposed at tlie annual general meeting.
This report was approved and autliorised for issue by tlie Board on 26 Noveinber 2024 and sigiied on its
belialf by
Dlrector
Dfirector
Page 4

The North West Community Network
Company limited by guarantee
Independent examiner's report on the unaudited finaneÉal statcments to the directors of
The North West Community Nehvork
We report on tlie accounts of the company for the year ended 31 March 2024, which are set out on pages 6 to
15.
Respectlve responslbllltles of cliarlty directors and examlnor.
As tlie charity directors you are respoiisible for the preparation of the accounts in accordaiice with the
requirements of the Companies Act 2006. Having satisfied ourselves tliat the cliarity 15 Ilot subject to audit
under company law, and is eligible for independent examination, it is our responsibility to;
examiiie the accounts uiider section 65 of tlie Cliarities Act 2008.
follow tlie procedures laid down iii tlie geiieral directions given by tlie Charity Cominission for Nortliern
Ireland uiider section 65(9)(b) of tlie Cliarities Act 2008.
state whether particular matters have come to our attention.
Basis of independent examlner's report
We liave examined your cliarity accounts as required under section 65 of tlie Cliarities Act aiid our examination
was carried out in accordance with tlie geiieral directions given by tlie Charity Commission for Northem
Ircland under Section 65(9)(b) of the Charities Act. The examination included a revieiv of the accounting
records kept by tlie cliarity and a comparisoii of tlie accounts presented with tliose records. It also included a
consideration of any unusual items or disclosures in the accounts, and seeking cxplanations from you as cliarity
directors concerniiig any sucli matters.
Our role is to state wlietlier any material matters have come to our attention giving us cause to believe:
tliat accounting records were not kept in accordance witli section 386 of tlie Coinpanies Act 2006;
tliat tlie accounts do not accord with thos¢ accouiiting records;
that tlie accounts do not comply with tlie accountiiig requirements of tlie Section 396 of tlie Companies Act
2006 and the methods and principles of the Charities Statement of Recommended Practice applicable to
charities preparing their accounts in accordance with tlie Financial Reporting Standard applicable in the UK
and R¢publi¢ of Ireland.
that there is further infonnation needed for proper understanding.
Independent cxaminor s statement
We liave completed our examination and have no Concerns iii respect of the matters listed above and, in
connection with following the directions of the Charity Commission for Northem Ireland, we have found no
matters tliat require drawing to your attentioii.
McGroa
Cafferty
Accountants
Tax Consultants
2 Carlislc Terrace
Derry
BT48 6JX
Date: 26 November 2024
Page 5

The North West Community Nehvork
Company limited by guarantee
Statement of Financial Activities
for the year onded 31 March 2024
Total
Funds
2024
Total
Funds
2023
Unrcstrlcted
Funds
Rcstrletcd
Funds
Income and Expenditure
Incoming Resources
Voluntary Income
Tncoming resources from charitable activities
42,312
42,312 40,681
99,755 71,707
99,755
Total Incoming Resources
42,312
99,755
142,067 112,388
Resources Expended
Managemeiit & Administration
16,052
99,402
115,454 91,614
Total Resources Expended
16,052
99,402
115,454 91,614
Net Incomlng l (Outgolng) Resources
26,260
353
26,613 20,774
Balaiices brouglit forward l April 2023
40,184
10,723
50,907 30,133
Balaiices carried forward 31 Marcli 2024
66,444
11,076
77,520
50,907
The above amounts relate to contiiiuing operatioiis of the cliarity.
The charity lias no recognised gains and losses other than tliose included in the results above aiid tlierefore no
separate statement of total recognised gains and losses h&s been presented. Tllere is no differ¢nc¢ between the
net incoming resources for tlie year stated above alld their historical cost equivalents.
Page 6

The North West Community Nettvork
Company limited by guarantee
Balance sheet
as at 31 March 2024
2024
2023
Notes
Fixod assets
Tangible assets
Current assets
Debtors
Casli at bank and in liand
987
890
6,012
105,506
6,555
46,582
111,518
53,137
Credltors: amounts fAlllng
due witliin one year
(34,985)
(3,120)
Net current assets
76,533
50,017
TotAI Assets less current
liAbilities
77,520
50,907
Net assets
77,520
50,907
Funds
Unrestrtcted
Restrict¢d
66,444
11,076
40,184
10,723
77,520
50,907
The notes on pages 9 to 15 form an integral part of these financial statements.
Page 7

The North West Community Network
Company limited by guarantee
Balance sheet (continucd)
Dlrectors, statements r¢quired by Sections 475(2) and (3)
for the year ended 31 March 2024
In approving these finaiicial statements as directors of the company we hereby confirm:
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small
coinpanies.
Tlie Ineinbers have not required tlie ¢oinpany to obtain an audit in accordance witli section 476 of the
Companies Act 2006.
The directors acknowledge tlieir responsibilities for complyiiig witli tlie requirements of the Companies Act
2006 witli respect to accounting records and preparation of accounts.
Tliese accouiits liave been prepared in accordance witli the provisioiis applicable to small coimpanies subject to
tlie small companies regime and iii accordance with SORP FRS 102.
Director
Director
Dato: 26 November 2024
Date: 26 November 2024
Reglstratlon No: N1039778
Page 8

The North West Community Network
Company limited by guarantee
Notes to the financial statements
for the year ended 31 March 2024
Gcnenil Information
Tlie coiiipany is a private company limited by guarnatee, registered in Nortliern Treland. The address of
the registered otyice is 8-14 Bishop Street, Derry, BT48 6PW.
1.1. Statement of compliance
Tlie significant accounting policies applied in the preparation of tliese fiiiancial statements are set out
below. These policies Iiave been consistently applied to all years presented unless otherwise stated.
Tlie Cliarity COllStitutes a public benefit entity as defined by FRSI 02. The fiiiancial statements liave
been prepared iii accordaiice with tlie accountiiig policies set out in notes to tlie accounts and comply
witli the cliarity's goveming documeiit, the Charities Act (Northern Ireland) 2008 aiid Accountiiig and
Reporting by Cliarities: Statement of Recommended Practice applicable to cliarities preparing their
accounts in accordance witli tlie Financial Reportiiig Standard applicable iii tlie UK aiid Republic of
Ireland publislied in October 2019 (SORP 2019) and the Compaiiies Act 2006.
Tlie financial statements are prepared on a going concern basis under the historical cost convention,
Inodified to incliided certain items at fair value. The financial statements are preseiited iii sterling
wliich is the functioiial ciirrency of tlie charity.
1.2 Income
(i) Graiits
Grants represents all ainounts received ai)d receivable duriiig tlie year.
Capital grants are released to tl)e profit and loss account in tlle year in which tliey are received iii
line witli tlie SORP Accounting & Reportiiig by Cliarties 2019.
Revenue graiits are credited to the Statement of Financial Activities in the year they are received.
(li) Doiiation5 & admii)istration income.
This comprises amounts received during tlie year.
1.3 Expendlture
(i) Direct Charitable Expenditure
This represents all expenditure directly attribiitable to charitable causes.
(li) m￿lageMent & Administration
This includes all otlier expenditure not directly allocated above and a portion of tlie overliead costs
attributable to management and administration.
Page 9

The North West Community Network
Company limited by guarantee
Notes to the financial statements
for the year ended 31 March 2024
continued
1.4 Tanglble fixed assets and depreeiation
Tangible fixed assets are stated at cost less depreciation.
Depreciation is provided at rates calculated to write off tlie cost less residual value of eacli asset over its
expected usefLII life, as follows:
Fixtures, fittings
and eqLiipireiit
1 50/0 Straight line
Page 10

The North West Community Network
Company Rimlted by guarantee
Notes to the financial statements
for the year ended 31 March 2024
coiitinued
Unrestri¢ted Restrlcted Total
Income
Income Funds
2024
2024
2024
Total
Funds
2023
Incomlng Resources
Incomln
resources from ¢haritable activities
Department for Communities
Derry City & Strabaiie District Couiicil
Awards for All
Halifax
British Science Association-Infrastructure Project
John Moores Fouiidation
52,631 52,631
4,000 4,000
1,385
1,385
126
126
41,469 41,469
144
144
60,394
3,677
7,107
529
99,755 99,755
71,707
Volunta
Income
British Science Association
Pacific Lutlieran University
Gasyard Wall Feile
M¢mb¢rship Fees
Other income and manag¢m¢iit fees
22,627
22,627
26,613
7,100
760
675
18,250
760
675
18,250
96
6,872
42,312
42,312
40,681
Totol
42,312
99,755 142,067
112,388
(i)
Restricted Funds
Funds received which are eamarked by tlie Funder for specific pLirpose$. Sucli pU￿oseS are
within the overall aims of the orgaiiisation.
Unrostricted Funds
Funds which are expendable at tlie discretion of the company in furtherallce of tlie aims of tlie
charity. In addition funds tnay be held in order to fiiian¢e Capital investment aiid working capital.
Page 11

The North West Community Network
Company limited by guarantee
Notes to the financial statements
for the yeAr ended 31 March 2024
coiitinued
Resources Expcnded
Unrestrlctod
Funds
Restrlcted
Funds
Total
2024
Total
2023
Managemont & Admlnlstratlon
Wages & salaries
Pension costs
Rent & Utilities
Insurance
Printing, postage & stationery
Coinputer Costs
Prograiiimes, meetings & seminars
Programme costs - John Moore
Programme costs - Awards for all
Programme costs - PLU
Programme costs - liifrastructure Fund
Programine costs - Halifax
Accountancy
Bank charges
Subscriptions
Sundry
Depreciation
57,652
3,068
5,520
1,104
57,652
3,068
5,520
1,104
49,626
3,068
5,520
1,018
211
324
1,815
529
7,107
7,100
13,037
738
14,964
232
328
144
1,350
970
15,292
144
1,350
28,366
126
960
28,366
126
960
275
60
960
395
60
187
657
27S
60
552
552
Total
16,052
99,402
115,454
91,614
Operatlng proflt
2024
2023
Operating profit is stated after charging:
Depreciation aiid other amounts writteii off tangible assets
552
657
Page 12

The North West Community Network
Company limited by guarantee
Notes to the financial statements
for the year ended 31 March 2024
coiitinued
I mployccs
Employment costs
Year
ended
2024
Year
ended
2023
Wages and salaries
Pensioii Costs
57,652
3,068
48,626
3,068
60,720
51,694
Number of employees
The average monthly iiumbers of einployees during tlie year were
was as follows:
2024
Number
2023
Number
Taxation
There is 110 cliarge to t&xation as the compaiiy has cliaritable status.
Page 13

The North West Community Network
Company limited by guarAntee
Notes to the financial statements
ror the year ended 31 March 2024
contiiiued
FRxtur¢s,
rittings and
equlpmcnt
Tangiblo fixed assets
Total
Cost
At l April 2023
Additions
34,237
649
34,237
649
At 31 Marcli 2024
34,886
34,886
Dcpreeiation
At l April 2023
Cliarge for tlie year
At 31 March 2024
33,347
552
33,347
552
33,899
33,899
Net book vAluts
At 31 March 2024
987
987
At 31 March 2023
890
890
Debtors
2024
2023
Oilier Debtors
Grants Due
761
5,794
6,012
6,012
6,555
Creditors: amounts falllng due
witliin one year
2024
2023
Deferred Income
Accruals
30,570
4,415
387
2,733
34,985
3,120
Page 14

The North West Community Network
Company limited by guarantee
Notes to the financial statements
for the year ended 31 March 2024
continued
Movements In Funds
At
At
l April Incoming Outgoing 31 March
2023 resources resources
2024
Restricted funds..
10,723
99,755
(99,402)
11,076
Total restrioted funds
10,723
99,755
(99,402)
11,076
Unrestricted fiinds:
40,184
42,312
(16,052)
66,444
Total unrestricted funds
40,184
42,312
(16,052)
66,444
50,907
142,067 (115,454)
77,520
Purposes of Restricted Funds
Restricted graiits awarded to the cliarity is provided to cover the core objects as explained in directors
report.
10.
Related party transRctlons
There were 110 related paty transactions in tlie year under review.
11.
Controlllng Interest
Coiitrolling interest rests witli tlie board of directors.
12.
Company limited by guarantec
The company is limited by gurantee and does not have a share capital.
Page 15