Registration number N1039778 Charlty number: NIC100015 The North West Conjmunlty Network (Company limited by guarantee) Dlroctors, roport and financial statomonts for thc year ended 31 Mar¢h 2025
The North West Community Network Company limited by guarantee Contents Page Inforniation Directors, Report Independent Exaininer's Report Statement of Financial Activities Balance sl)eet Notes to Ilie fiiiancial statements 10-16
Thc North West Conimunity Network Company limited by guarantee Company information Directors Donna McAnneiiy Patricia Rose Bray Mary Scally Martin Mccartney Eliza Browning Secretary Roisin McLaughlin Cliarity number XR 21800 NIC100015 Company number N1039778 Registered office 8-14 Bishop Street Derry BT48 6PW Accountants McGroaty Mccaffety & Company Ltd Accountants & Tax Con5ultantS 2 Carlisle Terrace Deny BT48 6JX Business address 8-14 Bishop Strcet Derry BT48 6PW Bankers AIB (NI) Meadowbank Strand Road Derry BT48 7TN Page I
The North West Con)munity Network Company limited by guarantee Directors, report for the year endcd 31 Mareh 2025 The directors present their report and the financial statements for the year ended 31 Marcli 2025. Dlrectors and their interests The directors of the charity for the purposes of cliarity law and throughout this report are collectively referred to as the directors. The directors serving during the year and since the year end were as follows: Patricia Rose Bray Donna McAnneny Mary Scally Martin Mccartney Eliza Browning Aims and obje¢tives Objective I: Influencc, Advocacy & Leadership - To be a representatlvo volce of the Community and Voluntary sector in the North Wost Key outputs for tliis year includes: Our active participation on the following foruins: DC Strategic Growtli Partnersliip Healtliy Citics Leadership Group Community Development Networks Forum NWCN is represented on the Department for Cominuniti¢s (Dfc) Joint Forum (Govemment & Community & Voluntary Sector) - NWCN Manager is on the NICVA Executive Committee Participation on the Dfc Test & Learn initiativ¢ for tl)e Moor DEA Participation in the Programme for Government Consuliation Participation in the Freeze The Cut5 cainpaign Attendance at Anti-Racism Rallies Media work - Speakiiig up on Radio Foyle Civic Initiative Event - in partnership with Civic Initiative People's Forum - 25 participants Objective 2: Build Capaclty, Champlon & Strengtben - To build capacity wlthln the Community & Voluntary sector Key outputs for this year includes: 17 groups received our support NWCN 30 Years Celebration Event- 41 participants Macmillan Coffee Moming - 22 participants runding Fair- 59 participants Huinan Library sessions x 7 - 204 participants HOPE initiative- HOPE events and activities on 26th & 27th April - 134 participants Study Abroad Programme - Pacific Lutheran University Students participated in a 4-week study programine in Derry - 15 participants Impact Framework Training - 8 participants- NWCN AGM - I I participants Communities of Practice sessions (Ideas Fund) - 13 sessions Page 2
The North West Conimunity Network Company limited by guarantee Directors, report for the year ended 31 March 2025 continued Objective 3: Collaboration, Facilitation & Partnership - Greater Collaboratlon between community and voluntary groups and across sectors Key outputs for this year includes: Fulfilment of our Development Coordinator support role for the Ideas Fund - collaborative projects between community and researchers - 15 groups Coininunity-led Researcli Showcase Event - Ideas Fund projects showcasing coinmunity-led research partnership projects - 38 participants Communities of Practice sessions (Ideas Fund) x 26 Peace Process Dialogue - partnership event to explore where we are at as a society 28 years on from tlie Good Friday Agreeincnt - 12 participants NWCN lead on tlie Community Research Collective with Ulster University - x 6 meetings Active participation in developing Cominunity Benefits Framework Partnership witli Ulster University Our active participation on the following forums: o Nl Equality Coalition o North West Communiiy Wealth Building Partnership o Community Dcvelopment Networks Forum An inclusive community - Action to demonstrate minoriti¢s valued, ¢quality of opportunity for women, young people, minority ellinic aiid other excluded groups. Key output5 for this year includcs.. l-bulletins: 47 (Has a reacli of 360 people/groups) Consultation Bulletins: 12 (Has a reach of 360 peoplelgroups) Facebook: I I I Twitter.. 66 Social media stats combined: 177 Funding secured froin National Lottery Community Fund - (Access to Resilience fund) to work in partnersliip witli Kabalikat and African Caribbean Community Network to build capacity within Ininoritised ethnic communities over the next tliree years. NWCN 30 Year Celebration Event - 41 participants Our partnersliip work witl) Re5ilio on the HOPE initiative Our work witli the Ideas Fund includes groups who support young people, people with a learning disability and peopl¢ from rural communities. Page 3
Tbe North West Community Network Company limited by guarantee Directors, report for the year ended 31 March 2025 continued Publie Boncfit The main beiiefit is to promote citizenship and community development within the cominuiiity and voluntary sector, meaning charities and voluntary organisations, for the benefit of the public through providing advice and infomiation, training, conferences and seininars on subjects relevant to the etTiciency of the voluntary sector, and representation on matters relating to government policy and legislation, leading to a more active, engaged and participative society. Health liaising with statutory agencies to influence tliose with decision making powers in the sector so that Health & So¢Tal Care policy and provision is Inore directly influcnced by public experience, needs and creativity. Reaching out to tlie seldom heard groups in society (e.g. carers) thus facilitating increased inclusion and influence for these sections of the public. Education through delivering community education and training, bringing about an increase in public learning, knowledge and coinmunity activism. Relief of poverty by attending relevant training workshops seminars meetings and sliaring knowledge with wider sector to create more infomied, connected and active cominunities and advocates within these. Coverning Doeument The organisatioii is a company witli charitable status. The cliarity was incorporated on 4 December 2000. The company was established under Meinorandum & Articles of Association wliicli outlined the area of benefit and the objects of the charitable organisation. Risk Management Tlie directors have a risk management strategy wliich consists of establishing a system of identifying risks and mitigating such risks. Results & Performance Tlie results and perfonnance for the year of The North West Community Network are summarised in the Annual Report, this is available on request. Dlrectors Responsibilities In Relation To The Flnanclal Statements Company law requires tlie directors to prepare financial statements for each financial year tliat give a true and fair view of the state of the affairs of the charity at the end of the financial year and of its surplus or deficit for the financial year. In doing so the directors are required to: selcct suitable accounting policies and apply them consistently. observ¢ Inetliods and principles in the charities SORP; make judgements and estimates that are reasonable and prudent. prepare the financial stat¢ments on the goiiig concern basis unless it is inappropriate to presume tliat the charity will continue in business. The directors are responsible for Inaintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply ivith the Companies Act 2006. Tlie directors are also responsible for safeguarding the assets of the cliarity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 4
The North West Community Network Company limited by guarantee Directors, report for the year ended 31 March 2025 continued Tliis report is prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to Small coinpanies. Independent Examlner resolution to re-appoint M¢Groarty, Mccafferty & Company Ltd as independent examiners will be proposed at the annual general meeting. This report was approved and authorised for issue by the Board on 4 November 2025 and signed on its behalf by Director Dyrector Page 5
The North West Community Network Company limited by guarantee Independent examiner'5 report on the unaudited financial statements to the directors of The North West Community Network We report on the accounts of the company for tl)e year ended 31 March 2025, which are set out on pages 6 to 16. Respective responsibilities of charity directors and examiner. As tlie cliarity directors you are responsible for the preparation of the accouiits in accordance with the requireinents of tlie Coinpanies Act 2006. Having satisfied ourselves that the charity is not subject to audit under company law, and is eligible for independent examination, it is our responsibility to. examine tlie accounts under section 65 of the Charities Act 2008; follow tlie procedures laid down in tlie general directions given by the Charity Commission for Nortliem Ireland under section 65(9)(b) of the Charities A¢t 2008. state wliether particular matters have come to our attention. Basis of independent examiner's report We have examined your charity accounts as required under section 65 of the Charities Act and our examination was carried out in accordance witli the geiieral directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act. Tlie exainiiiation included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included a consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity directors concerning any such malters. Our role is to state whetli¢r any material Inatters have come to our attention giving us ¢aus¢ to believe: that accounting records were not kept in accordance with section 386 of the Companies Act 2006. that tlie accounts do not accord with those accounting reLords' that the accounts do not comply with tlie accounting rcquir¢ments of the Section 396 of the Compaiii¢s Act 2006 and the methods and principles of tlie Charities Statement of Recommended Practice applicable to cliarities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland. tliat tliere is furtlier infonnalion needed for proper underslanding. Independent examiner's statement We have completed our examination and have no concerns in respect of the matters listed above and, in connection with following the directions of the Charity Commission for Northern Ireland, we have found no matters that require drawing to your attention. ' (• mA£fC¥aJ Lkd McGroa Accountants & Tax Consultants 2 Carlisle Terrace Derry BT48 6JX any Date: 4 November 2025 Page 6
The North West Community Network Company limited by guarantee Statement of Financial Activities for tho year ended 31 March 2025 Total Funds 2025 Total Funds 2024 Unrestricted Funds Restricted Funds Income and Expcnditure Incomlng Rcsources Voluiitary Incoine Incoining resources from cliarilable activities 49,407 49,407 42,312 92,506 99,755 92,506 Total Incoming Resources 49,407 92,506 141,913 142,067 Resources Ei xpended Manag¢mcnt & Adniinistration 23,932 92,684 116,616 115,454 TotAI Resources Expended 23,932 92,684 116,616 115,454 Nct Incoming / (Outgoing) Resources 25,475 (178) 25,297 26,613 Balances brought forward l April 2024 66,444 11,076 77,520 50,907 Balances carried fonyard 31 March 2025 91,919 10,898 102,817 77,520 The above ainounls relate to contiiiuing operation5 of the charity. The charity has no recognised gains and losses other tlian those included in the results above and therefore no separate slatement of total recognised gains and losses has been presented. Tliere is no difference between the net incoming resources for tlie year stated abov¢ and their historical cost equivalents. Page 7
The North West Community Nehyork Company limited by guarantee Balanco sh¢et as at 31 March 2025 2025 2024 Notes Flxcd assets Tangible assets Current assets Debtors Cash at bank and in liand 824 987 4,773 172,900 6,012 105,506 177,673 111,518 Credltors: amounts falling due wlthln ono year (75,680) (34,985) Net current assets 101,993 76,533 Total assets 1¢$$ ¢urrent Ilabilltles 102,817 77,520 Net assets 102,817 77,520 Funds Uiirestricted Rcstrictcd 91,919 10,898 66,444 11,076 102,817 77,520 The notes on pages 10 to 16 form an integral part of these financial statements. Page 8
The North West Community Network Company limited by guarantee Balance sheet (continued) Directors, statem¢Dts required by Sections 475(2) and (3) for the year ended 31 March 2025 In approving these financial statements as directors of the company we hereby confirin: Tlie company was entitled to exemption from audit uiider s477 of the Companies Act 2006 relating to small companies. The members have not required tlie company to obtain an audit iii accordance with section 476 of tlie Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 witli respect to accounting records and preparation of accounts. These accounts havc becn prepared in accordance with tlie provisions applicable to small coinpanies subject to the small companies regime and in accordance with SORP FRSI 02. Dlrector ector Date: 4 November 2025 Date: 4 November 2025 Reglstratlon No: N1039778 Page 9
The North West Community Network Compally limited by guarantee Notes to the finan¢ial statements for the year ended 31 March 2025 General information The company is a private company limited by guai'natee, registered in Northern Ireland. The address of the registered oifice is 8-14 Bishop Street, Derry, BT48 6PW. 1.1. Statement of complian¢o Tlie significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otlierwise stated. The charity constitutes a public benefit entity as defined by FRSI 02. The financial statements liave been prepared in accordance with the accounting policies set out in notes to the accounts and comply with tlie charity's governing document, the Charities Act (Northern Ireland) 2008 and Accounting and Reporting by Cliarities: Statement of Recominended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland publislied in October 2019 (SURP 2019) and tl)e Companies Act 2006. The financial statements are prepared on a going concern basis under the historical cost convention, modified to included certain items at fair value. The financial statements are presented in sterling Ivhich is the functional currency of tlie charity. Income (i) Grants Grants represeiits all ainouiits received and receivable during the year. Capital grants are r¢l¢ased to the profit and loss account in the year in which they are received in lili¢ with tl)e SORP Accounting & Reporting by Charties 2019. Revenue grants are credited to the Statement of Fiiiancial Activities in the year they are received. (li) Donations & administration income. Tliis comprises amounts received during the year. 1.3 Expenditure (i) Direct Charitable Expenditure This represents all expeiiditure directly attributable to charitable causes. (li) Management & Administration This includes all other expenditure not directly allocated above and a portion of the overhead costs attributable to manageinent and administration. Page 10
The North West Community Network Company limited by guarantee Notes to the financial statements for the year ended 31 March 2025 continued 1.4 Tangible tlxed assets and depreclatlon Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the Cost less residual value of each asset over its expected useful life, as follows: Fixtures, fittings and equipment 150/0 Straight line Page Il
The North West Community Network Company limited by guarantee Notcs to the financial statement5 ror the year ended 31 March 2025 continued Unrestrlcted Restricted Total Income Income Funds 2025 2025 Total Funds 2024 2.1 Incoming Resources 2025 Incomin resources from charitable a¢tivitics Departinent for Coinmunities Derry City & Strabane District Council Awards for All l.lalif Britisli Science Association-lnfrastructure Project John Moores Foundation 56,051 56,051 380 380 5,312 5,312 586 586 30,033 30,033 144 144 52,631 4,000 1,385 126 41,469 144 92,506 92,506 99,755 Volunta Income British Science Association Pacific Lutheran Univ¢rsity Gasyard Wall Fcile Memb¢rship Fees Oilier incoine and management fees 22,115 6,331 22,115 6,331 22,627 760 67S 18,250 20,961 20,961 49,407 49,407 42.312 Total 49,407 92,506 141,913 142,067 (i) Rcstri¢ted Funds Funds received which are eam]arked by the Funder for specific purposes. Such purposes are within the overall aims of tli¢ organisation. (ii) Unrestrlcted Funds Funds which are expendable at the discretion of th¢ company in furtherance of the aims of the charity. In addition funds may be held in order to finance capital investment and working capital. Page 12
The North West Community INetwork Company Aimited by guarantee Notes to the financial statements for the year ended 31 March 2025 continued Resources Ei xpended Unrcstrlcted Funds Restricted Funds Total 2025 Total 2024 Management & Administratlon Wages & salaries Pension costs R¢nt & Utilities Insurance Computer Costs Progrummes, meetings & seininars Programme costs- John Moore Programme costs - Awards for all Prograiniiie costs - PLU Programme costs - Infrastructurc Fund Programme costs - Halif Accounlancy Bank ¢liarges Subscription5 Sundry Dcpreciation 7,694 50,537 3,068 5,520 1,437 58,231 3,068 5,520 1,437 240 12,214 144 5,312 3,687 24,697 586 960 248 75 34 163 57,652 3,068 5,520 1,104 970 15,292 144 1,350 240 11,954 260 144 5,312 3.687 24,697 586 960 28,366 126 960 275 60 15 552 248 75 34 163 Total 23,932 92,684 116,616 115,454 Operatlng profit 2025 2024 Operatiiig profil is slated after charging: Depreciatioii and other amounts written off tangible asseis 163 552 Page 13
The North West Community Network Company limited by guarantee Notes to tbe financial 5tatemellts for the year ended 31 March 2025 continued Employees Employment Costs Year ended 2025 Year ended 2024 Wages and salaries Pension costs 58,231 3,068 57,652 3,068 61,299 60,720 Number of employees The average montlily numbers of employees during the year were was as follows: 2025 Number 2024 Number Taxatlon There is no charge to ttLxation as the company has charitable status. Page 14
The North West Community Network Company limited by guarantee Notes to the finanLial statements for the year ended 31 March 2025 continued Fixtures rlttlngs and equipment Tangible fixed assets Total Cost At l April 2024 34,886 34,886 At 31 Marcli 2025 34,886 34,886 Depreclation At l April 2024 Charge for the year At 31 March 2025 33,899 163 33,899 163 34,062 34,062 Net book values At 31 March 2025 824 824 At 31 Marth 2024 987 987 Debtors 2025 2024 Grants Due 4,773 6,012 Credltors: amounts falling due within one year 2025 2024 Deferred Income Accruals 74,764 916 30,570 4,415 75,680 34,985 Page 15
The North West Community Network Company limited by guarantee Notes to the financial statements for the year ended 31 March 2025 continued Movements in Funds At At l April Incoming Outgoing 31 March 2024 resources resources 2025 Restricted funds: 11,076 92,506 (92,684) 10,898 Total restricted funds 11,076 92,506 (92,684) 10,898 Unrestricted funds: 66,444 49,407 (23,932) 91,919 Total unrestricted funds 66,444 49,407 (23,932) 91,919 77,520 141.913 (116,616) 102.817 Purposes of Restrficted Funds Restricted grants awarded to the charity is provided to cover the core objects as explained in directors report. 10. Relatcd party transactions Tliere were no related paty transactions in tlie year under review. 11. Controlling interest Controlling interest rests with the board of directors. 12. Company limited by guarantco The company is limited by gurantee and does not liave a sliare capital. Page 16