+ i Changing Places, Changing Lives: We work with communities to enhance their lives, places and prospects, from the ground up. GROUNDWORK NORTHERN IRELAND Report of the Trusteos for the year ended 31 March 2023 Table of Contents 2023 REPORT..._..._.--.-.... MESSAGEFROAI THE CHAIR................... OUR S7RATEGY......-........ Grsnl Man•Jernént.................................................- .. ................................... . Our Valunleers and Staff...................,....................... THEOIFFERENCE WE IWAKE............. . .. Mèanwhile Gardens...,...................................... .... ........ . Northam Allotrnents................ .. . . . Men5 Sheds...... In8hde Out8id•........................ .... . . . .10 .11 .11 .12 .12 Greener Horizons............. Gr•nl Managemgnt....,....,... . TrnroN L8adqrn'. Yourva ￿l￿Men......................,............. ................................... Wellies In the Wood .... . . .. .. Anywhere Qarden.......... .14 2023 ACCOUNTS..............................-... . .. .15 FINANCIAL REVIEW.......................-......... . ... Golng Conceffl.......................................................... Reserrfe3 Poly......,...................... ... .. Inv88bMeTht Polky.................... REFERENCEAMDADMINISTRATIVEDETAILS....................... . .... STRUCTURE, GOVERNANCE AND MANAGEMENT......-.................-.. ... .15 .16 -16 .17 Trustee Appointw*nl and Chpir...... .......... Relat¢d Partl•8....... . . Managemènt... . Key Rasponslbilities TruBt8es ............................ .... . ... ...... TruBtee Sub4orMilll¢e$ ....,.................. Rigk Managofflent.,....,................. ..... Inv•atm•nt Poltcy.............. ..... ...,. . Ghaiilatsts Otyects........ .. STA7EAIENT OF RESPONSIBILITIES OF THE TRUSTEES OF GROUNDtrIORK NORTrIERN IREL4ND IN RESPEGTOF 7HE TRUSTEES'ANNUAL REPORT AND ACCOUNTS.....................23 Stalem8nt aB to disGkJsufe to our auditors:...-....................... ......... ... .. ..19 ..19 ..20 ..20 ..21 ..21 INDEPENDENTAUDITOR'S REPORr................................- STA TEMENTOFFINANCIAL ACTivmES.... . ..29 BALANCE SHEET.................-........ STA7EMENTOF CASH FLOWS..............-....-................... .. . ..... . ..J2 NOTES TO THEFINANCIAL STA TEMENTS................ ..33 GROUNDWORK NORTHERN IRELAND Report of the Trustees for the year ended 31 March 2023 2023 REPORT SSAGE FROM THE CHAIR As d)air l am proud of thè role Groundwork Nl plays In supporting stronger, healthlercommunItte5. and prospecis lor kjcal people. We dellver much of our inwt th￿￿h partner5hip5 aoijss a v•ri* of ¥ect¢)rs. supporting each Olh•r to d•kv8r ￿azIn9 Fjroiects acr0&8 Nthem Ireland. We are vwy 9ratO￿l for the supwi of all our fijnders and partws who trust us to d• n and dèlfver local cntact for stakeholder5- pn and offline. Engage with communitle¥ pr¢xtiv•ty lo énsure we fully understand Ihe issue8 matiér to PYo8p•cts Introduce Gfeen eduGatiOf8Vtr8inirvJ Wad￿ts to knasè green skills base in Northem lrnland. Develop training that will increasé knthvled90 on ihe envlronment, the posiltve h)wact it hts on u$ ind th• Impacts T¥￿ hav8 on IL Identfy funding for a dedicated Iraining development roh for GWNI18ading to a¢crnd1￿.0n al all rolavant traSnlng products in ￿)rthern Ireland. 08ve￿P effeclive evidence upture procw808 lo d¢Kr￿strate the Impact GMI IrwniTrg h88 on p•ople and placAry8. Oeliver a Gr•8n Jobs Programme Id•nlify suitable fundlns to enable the delivery of ? Green Occtor PlltsL Investigate the pot8ntwl for a h￿tiCultur* l ffAlntanance lobs offer wlthln GINNI pnd $our¢hg funding Explore other Green Jobs opportunitie8 includln9 green apprenticeships. both Interna￿ •nd externally. Engage with the govemment at a local and rn9ional bvel on188ues that matt¢r to c¢)mmunIt￿l. Crea18 a largeied communic4li)n str8tegy that will drlve engagem8nt and awareness of GWWI with local and ￿ntral gDv•mmèTht. Carry out analysls of all local council conwnunity plans Identfylrw potential lor collaboration. Dév•lop GV4NI aMba￿adOr5 acros8 local councils. Odlver Impacdul Good Rel8lions progromme6 wfiich Il#i•n arKI are reBponBlve to the needs of ¢ommunitie8. Exp•nd rnach and d•lbV•ry of L•ad8rnhlp Develcpment programrnes lo IndLKl• a pllot for young men. Expand raach and d•I￿ry of early 5nteNen￿0n progr8mmes targ•t¢d it thM• und•r 16 yearB of age. Inc¢oase th• u8e of GWINI BeacDnB as a tool for community celebration. Our Commiim•nt As part of our partn@rBhip with G￿Undw0rk Trusts acnjss the UK. are commltted to prforfuslng wo and ￿aSUre our achievements baged on th• drfl•rence we make to peopbe's li￿, our Impad on the envlronmant and our contribution to the UN Suslainoble Developm•nt Go•l8. We have, alon9sid8 our colleBgues across the GW Federation identlfied 5 goals which allgn most close with our eurrenl and fvture work Plans and wlll support ow UK collthJues to address other8. GROUNDWORK NORTHERN IRELAND Report of the Tru8te8s for the year ended 31 March 2023 Goal 1 No Poverty Helping peorA6 Into woth and buildlng re8illenco of those who are most vulnerable. Goal 7 Affi)rdable and Clean Eneryy Improving enew efflciellcy and promotin9 rwwiable8. Goal B D•cont worf( and ￿￿Omk gromth Cr&*ing lob8, enterprlse and helping young p￿PIe Into work. Goal 11 SuBtainabla Ctii8$ and Comfflunltl80 lrnprow'ng gr¢•n 8pac•s, prorrK4mg 8UStalnable transport and air qualty. Goal 12 RMpon•lble con8umpllon and woductl•)n Rethdng waste and promoting pNitive ￿vIronM•ntal b•havlourn among communiiies end bu•hi•M We a￿ part of the Federation of Grounoknrk Tru$18 In England, Wale8 and Northern Ireland. We oim t¢ ddiv•r progr*Mmo8 and strnA￿ In deprived areas fvoughwt Northom Ir•land and the bord•r countreg of the Republic of IrelaThJ. Our vlolon is: Emp(wJered corrmunltl¢s grown from t1￿ gfound UP, that aw• Sustaw￿1e, happy and he8tthy plac¢s1¢ Ilve, work and play. hav• a thTW-y6ar Strategic Plan for the perbd 2￿2 to 21Y25, Gmn M•an8 Grow. Our misBion1s to: lthlk with c<>rnmunilies to enhance their INes, places and pm8pocla, from the ground up. Our approach addre￿83 fundament•l soclètal i8SUa8 - Iho B8n8e of p(YwerlessnesJ lo tharoe th• •nvimMient and ta<*le key188ues both In tem18 of the physKal l•ndscap• bui mor• Inw)rt*itly, the ol local peoph. W• do by., 1, Engaglng wllh lo(xl cormiunlknes kn consulwon. de8fvJn •nd wnplamen1￿.0n ￿ Improvoments to th￿r IMI areas. Not only doos Ihis onhanc6 local onvironmnts but It a￿0 1￿C￿a$e$ the skrfli and ¢ap8city of local people to Innuenc8 their ¢J¥n drCumit•fflc￿ wthother that 18 •nvlronmental. cial or econrxnlG. 2. SuK¢K)rNng k)(xl (xjmmunltles arKI ￿ng ¢k)sely along8th othor OffJani8ations and exbtin9 initi'alive¥ lo tr￿1p Improve the qu81ty of Ilfefor people living there. We provide training and $wport to help got people rrore Involved in m*ing d￿S1on8 abcArt whore Ihay Ir¥e aThJ to understand tho bon￿lts that sUstaInab￿ de*bpment can bring. We help people improve the appeararta of thelr stre8t8. parks gnd n¢tgh1)ourh￿d8 but also encourage them to I￿1 healthler frfestyles. get to know olher people in their area or work w#h their neighbt)ur8 to reAluce c¥img and th8 lear 3. Supportfng communities in trdnsllion from confflict and division to peace w4d prospgrity by enobling the rnynaralion of contested arkd interface I￿ghbOUr￿0ds Ikwough building GROUNDWORK NORTHERN IRELAND Report of the Trustee$ for the year ended 31 March 2023 latlon8hip at the Iwal level on a c¥o$84cmmunlty basls and seeking investrnerd in pecyle and place, particula￿Y eC(]n￿1C imfstmenl thiou9h tspit81 and pwranm8. 4. ￿￿rt(lng in SCI￿19 and vAlh ￿lt5 to illustrate h(w i￿riVidUal8Ct￿nS can make a big differen to immediate surroundings and the global environment bdh n(M and in the fLrture. help ¥¢hocds make better use of Iheir playgrounds * aim trj educate people to act mor6 responslbly wtth regard to ¢n¢rgy. wast•. water and transport and to respect looal place8 and ￿tter people. 5. Helping unwtwbyed p¢opl• Improv8 their emplo￿8￿1 prospects by preparlng them for a cartsr in the land-bosed industy or encoura9ln9 them to pursue further w)Ix￿nal qu81C￿ati0Tr5. We help peopl& to gain skills and experience in hortlujlture, ￿118 supportsng thelr pw50nal develownent and facilitath￿ Ihek move to employment. 8. Recognising Ihat people, placa8 and prosparlty are Inexlricably Ilnked and so w¢ aim to ¢*slgn Pliryects that brirva benefits for 011 Ihree at once. bell•M that our work can assist In creating a br¢ader and deepar unde($landing of the f(xrte lo active ciiEen¥hlp, 8h•r•d pubfic spc•. Grant Manag•m•nt GrouTrawort Northem Iroland manaJ88 gr8ntfimd8 ft)r 8 rangeof fijnders Ir￿UdIng Landfill C¢mMunltl•8 Fundlng and Wlndfaffli Cormiunltles Fundlng. Our role Is to allocate this funding In accordance Mryth the fLmders oblectiveg whlle en8uftng ihat all grant appll(xit8 are treBted faiFly end equitably. Th• ¢thI￿1r￿d program￿9 Gurrenlly have an 8nnu•l incoffrt of approxlmat•ly £1 mdllon Ihat b hekl as restrlcted funds in 8aparat• bank acc￿[￿ aw8tt1ng di8tributlon to grantee9. Our orant prngranmnes enable us to deliver ourmission to work w#h communllM to enhanc6 th8ir liv￿, p18ces and pro¥pects, from the ground up by 8upporting group8 wllh their aKpllcations for funding arKI with th• inwlom8ntallon of Ihelr projects. Our Volunteera and Staff Groundwork Northem Ireland is hugety grateful for the work wrled out by it8 staff and vdunleers. Achthment$ durlng lh• year￿￿ du• to Ih•tr hard arKI c¢xnm1lJn￿. We are p8rticularty grateful to our volunteer5 who work lirele31ty to rn•intain our garden allotment8 ft)r the benefft of Iheir communitl•s. Groundwo￿ Northern Ireland is commltted to equalty of opportunity l)•lwean person8 of diTher￿t religious belief. polib.cal oplnknn, gender, marital status. dlsabilty. ethnic orlgln. age. dependlnts, ￿U81 orientalion (Y trgde unlon membership. Grounthvork Northam Ir•laMI employed 14 péople duthg the year 2022r2023. GROUNDWORK NORTHERN IRELAND Report of the Trustees for the year ended 31 March 2023 THE DIFFERENCE WE MAKE Grouniknrk Nl has a long su8talnad hIs￿Y of worf(ing in the areas mst affected by povewty and deprNalion. We have a hlgh number of coworunities wlth which have CO*￿dUCed multiple prqad8. We access groups through a community development appn)8ch &ngaglng people In th8$1 area. at a tlme and venue that makes them fe¢1 comfortabl8. The problem5 we address include,. Social disadvantage I￿lation Mental health Lonellness Community d•pr5vatlon We directly addresa these problwns by IrnwoNing the pro4>oci8 of IndivldualE and th8 commur4lies in whith they live. Our intervention8 increa* th• confldence, skiifs and wellbeing of indNidual8 whil• a180 maklng communiti88 hèalthlèr place8 to live. w(wk and play. W• belleve that nothona 8houkl be di8advanta9ed because of who they are or whern thay are from. We 8ee the potentlal In every IndSvidual C￿me Inlo contact wlth and encourage thém lo do the same. Vthat we do charKJes lives and change8 ¢ommunilies gI￿ng them an opportunty to fft thoir heods up dgspit• any Ghall8ng85, barriers ar •XP8fi8nce8 Ihey had to date. Dotallod below arn 80rn8 of our achlevoments in 2022r2023." Supported 388 communty organtgalton8. Improved 54 publlc wc•8. ImprovBd 173,646 square met￿5 ol land. Planted 3,053 trees. Support•d 62 people into education, tralnlng or work. Overall, 633.237 people benefitted from our pro9ramffe8 d work. Meamvhlle Gardon• Our ftyjr communlty garden8 located in North. Swth. East affld Wast Belfast contlnu• to provlde much need¢d s•Nice to thèir local communlttes. We have an ongolng opefvdoor poliw to poople who M)uld like to get involved in our garde￿S on a Yoluntary basis. Through marf(eling Ihe gardens on our social tnedia. printed materials and word of mouth w8 have been steadlly altracling new participants and buliding the PTogramme through outreach and garden s888lons. A few of our volunteers have corn¢ Ihrough referrals fryJm melltal health charities and mny more cc¥ne from workiw through patknership Y•iih other organ150tions from all Sactorn. GROUNDWORK NORTHERN IRELAND Report of th¢ Trustees for the year ended 31 March 2023 This year we started a Gardening Club Ihat was wnod to the general public ar￿ attracted pwjpla v4ilh varled S￿118. ranging from those new to gafdening to gardenlng 8nthusia8ls. The aim of the club is lo inlomi l educate about prlnciples in gatdening and to de￿loP a diary of gvfrrrts and resour￿ that Gan be used ￿08¥ all our gard8nB. Each week we cover a dlfferent topic that fvrthern tsur gardanorn undef51anding of orowlng fruit. vegelobks and llowers. We continue to p•rtnar wllh other voluntsry and (xjmmunty ￿ganISatiOnS, 3¢h¢oli and gfoup$, provlding grow your txn food ￿$$10￿$ and activiti•8 to engage the younger genef8tion Such as makuvJ bug ho¢•f8 and a gr￿ a Sunllower txThpagn. Thè communilie8 depend on our progr8mrnJ. not only in temia of wellb81ng but alsa social netwwklry. our 8orv"K• u88rn might not l&av8 tha h(K￿ all week due lo illness and Ihelr weekly eesston 18 the only tlrne they get to 8c¢ialie•. Tho food produced at the ga￿en3 h sh8r&l •nKng Ihose who work In the garden and the surplus is mode avalloble to th• bcal food banks and communlt183 ¥tho are encouragod to re so th•n al the CauseKay Coast D(ywn Syndrome Group in D¢rvorX County Antrlm wherÈ, théir first wty-tunnel raiwj ar• now Sited and ready to ￿e[ye theirfi￿1 seedlings. Volunteers are 8sserrtlal to the ongolrvJ support of the projects that wo support across the NHSCT geographical faotprirrt. and thij year, in conjunclion vAth Volunteer N¢w we 8UPPOrted a Volunteer'open Mcfning,, wffiich proved to be very succe8Gful and Tesutted in four new volunteer5 corning on board. GROUNDWORK NORTHERN IRELAND Report of the Trustees for the year ended 31 March 2023 MeTr5 Sheds È a￿ demghted lo see that the n•lwork ol 8hed8 SUPPOrted by GrOUnd￿)rk Nl c¢xrtlnue8 to steadlly increase year on year, wlth almgl 11x1 sheds supported thb year. In Septernber we were honournd to hava H•alth Mlnl$ler Robln Swann gnd the Chlel Medkal Offlcer, Prolessor Slr Mlchael McBrth visit a ¥hed in North Bellast, Mlnlstar S￿ann praoJ￿ fv benefts th 8hed8 hav• on men's heallh. ' grnat to S8e how well IhL* proioct is supported by local men, typeaking th Ihose WIKJ ￿ th￿ lacW it Is obvkxjs these initlafives grp bfjnefilbng the m9neal, •molx)nal andphyskal w8Rb8ing olm8n andh8vlng a positwg Impact on thg communmles fmm whKh they¢rTh'. Thls year we helped 8hed8 to r84stablish themsefvRs after the panderrk as many sheds 8tN93bd to mdntain memberB and to keep their thx)rs open. It wa¥ 9real to 80e 3h8d8 c(xning tog8tr*r ag8ln to ailend 3teerwwJ group meetlngs vl8lt4 to Ol￿r sheds. these Bre Insplratlonal provth much n••d•d netrmrtlng oppcrtiunilies. Shed8 a180 8ttandad events organls8d by Groundwork Nl. such the m(Klel workshop and gufdod walklng tour of Llsbum Clty. The men's h￿1th r•malrkO a top priority for us. and Ihl$ year we otganlB•d 8a8sk)n8 lh• m8n on dlabetsb, Ghionic pain and demerfa awareness. W8 also facll1ta￿j an Infomi•t1c￿ ¥egslon how lo l• lonellness. delivered by the 8ritlth Rad Cros8. To Intraduce sheds to the ben8ffts of intergeneratlorol wryk and tralnkng, w• conned•d Ih•rn wlih Unklng Goneratlons who ddi¥￿ed sessk)ns and Ihnk8d 8tMds Y41th thelr IcKal schools. This has helwl to ￿cOUrage sheds who do Th)t worf( wlth younger 98neration$, to moke these links and Widén th•lr Impact ￿ their commun￿￿ 10 GROUNDWORK NORTHERN IRELAND Report of tho T￿￿tea$ for the year ended 31 March 2023 Inslde Oul•ld• Th• InshJ• Outside pr(yect bs an Inr￿¥th￿ Partnershlp pllot kthlatlve deknr•d by GroUnth￿rt Nl arnl PorentSng Nl. whlGh akn8 to trrprow tho mentsl health of f￿1[1?* livlng in mrglnslised areas TAhln >rthem Ir•land who hove been further dlthdvantagad by the effects of the COVID.19 Pandeffl￿. It benefils chlklren aoed 5- 12 ar￿ their famlllo$, iupporting them to gr(Mttyeth•r. gan an urKlerslandlng of ts ￿p￿lance of 9oc¥J ￿￿)tal heallh and to leam straI•gI￿ that ￿11 help them have a rnorn h•althy and happy fulure. Tolletr￿r they learn a)￿1 ￿rtICUlIurn. the of lJ•lng h•alhy In8ld? and ou( man•3lng ernotlons," p•rnonal resi￿nce. canfidenGe, ccthmunicth. ￿n￿enden￿ and fe8llng mentalty arKI ￿lCa* bettor. GraurKIth Nl b•ll8v•• It Is a vilal. effactive eaty InteN8ntlon Ihjt w#1 brtrw imwonE• ben611ts for th• m•ntal h••th ofthe benefficlath 5rNofved. The prcifjd l• ba8ed around two rAJfflpllmerttary al•ments'. hOrt1￿l￿re and 8rnpow•mi•rt each ofvthich promotes and anhanc•s the l•amkno fnxn the th8r. li u888 n¢)rAhreataning and wgaglng actfvili￿ in safa 8P8¢• to support d8llvery of tt* ffl8ntal h••lih element. The 8af8 and positi￿ leami onvifonrKnt red￿8 any stigffra hli lo lakirvJ part and nurtUlg8 a 8•nie of tNst ond belo1￿9. Our be￿)n [8 a 98fe, anvlronrrent81ty friendly altemativa to tsIR￿2￿aI bonflra8, that Pro￿d•8 an opportunty tocelebrate cuilure Sn a mor• inclusive gnd positlve atnwh8r•. Our aim Is that the teac wdl be used throughout the y•ar. ueating 8 unlfying synknl In cekbrthns of all typeF that brldge the ommunty divth. 11 GROUNDWORK NORTHERN IRELAND Report of the Trustees for the year ended 31 March 2023 Gre•ner Horlwn$ Gr•￿er Horlzon818 a UK Communty Ranthial Fur#Jod Progr•mm•. flim￿ at P￿dknQ empl¢¥gbllty $upwt to tho￿ Ilving in dlFadvBntspedl mwgiialised conYnunllleB In Belfast. Tha progrdmme offern pwticWts a tange of baining, spannlng key comp•tencle8 and #kllh (•uch Al, mon•y managoment tr8lning, Engll•h, Math8 and IGT), 8peslAI intore•t (8uch as. hortlcuRurn), and $c¢ial, emollonal and tran8wJr801 skllls, ($u¢h a$ well,belng, resI1￿nce gnd eMptoYa￿lIty). The tralnlng IB supplernentad by support offered to each participlnt to 8UPPOrt tholr wst-programme F•thway¥ lo •mpb)ymnt or furth•r irah)Ing. Another koy wect clthe progrgmmo l¥ the prac*lcal appllcakn of tha hortlculturn troinlng offered. whereby. the progt8mme re8uII8 tn the crn8tAon and dlstribulon of 1800 'Gard•n In a Box. kit• d•lknr•d to low•in￿rne Th1¥ wr¥k li supported by vglunteeis who 8upwi Ixrtrexh worf( and local C￿lty event5. It Is anlldpat8d that thls w]11 emcourap s•ll. suffici8ncy, appreclatlon af n&turn comunty eohe8ion. Grnnt Managernent Mfith decades ol experience of managhng fundlty pr&ar￿mM we ¢ff•r a un￿u0 p•r8pe¢ti%* that combln•s on-th•4round knowledge ol eommuth need. Ovr trled and tsjled enabllng model Inwlves our staff on the grvurKI reachlng out to commun111•8, encouraglng 8ppllcatlon8 and gufdiNJ group8 through thé prtt*s8. Wa ar• a provan tlil8l•d Partn￿ with robuat Jystemj arKI • strong recwd of •Th￿rIng rrw gata to where IY$ MO￿ needed. Thiq year wa cxjntlnued to b8 over8ub8crfb•d on afl +xr grant prffjramme8. d8mon$tratlng tho gr¢al n•ed wSfhln our communillo$ for financlal support. e¥peciaJly for capital fvndlng to 1rnpro￿ communty facilliieg. Our programrnes prDvide larg8 small gtarts for bE)th rnv8nue and capttal and cov•r Thls year ￿ Oworded grants tot8111ng ￿01.&81. 12 GROUNDWORK NORTHERN IRELAND Report of the Trustees for the year ended 31 March 2023 Tomorf¢JW Lead•r8: Young Women Th• L•ad•rn ofTomorn progrwnm• 8￿POrt￿ young wnen Ilvlng In dimdvantagéd aw•tt of Beira thwh irrrfn8rnlv• and •xperfenti81 meThtarlw and18amlNJ to d•velop IrKluorn leader8h* Skllts. Th• women worked wlth mentorn wlK> he￿ed them t*tt•r und•r8tand them56￿S. thelr aJplrntion• Ind they can a*i•vo Ihem. whlle In many ca•ts al￿ he￿ing Ihelr GorTmunllM. Together thry encAwrtered a•tab118hed 1frad￿ and role rTh)deLs. galning an appr￿latIOn of diTherent per¥ppAiivu. Th8 uniquo 8U8tainability ol the prcgramme18 shown In th8 n•lwoths thal fv wom8n creaied with one pnother and th￿r m•ntorn, b￿ld1[vA a18gxy of tr￿r in¥olvem¢nt and sustaining tsir ongoino d•v•lopm•nt. W•lll•• In lh• Wood Welles in tha Wer￿8 Is a naw farnlly leamhg programme that ￿ add•d to our pcrtfoNo thi¥ year t￿l jfks wlth parents and th¢i chlldren a98d undef fve. Our Ccrnunty ErvJagom•nt Lèad lacllitated sesshJn8 aim¢d at ImproJAw the fdmllies, ¢onffidenc• in ouldoor and natur81 play, wilh all activbties ftjrthe families to replicat• at h¢m• for lrtth• or no cosL We delhered the pro9ranTh in conjunctk￿ with local famlly centre5. that provided the fami￿8¥ wlth a lo¢al pdnt of contact and the centre errployees gaingj the knowledg• and confKlen(x to continue running the prograrnme when Groundwork Nl's inbrAbwnent ended. 13 GROUNDWORK NORTHERN IRELAND Report of the Trustees for the year ended 31 March 2023 Anywhere Garden ANTiVRfRE GARDEN boneffts of briTrJlry plarts Int¢ wbrk8pa(x8 homes ar• w•ll documented 8nd re¥evthws h•v• fwnd that as well as brohtening up the offic4h(J￿ts arNlrrxwnen( plants can r8Aluce slck and stras8. out of the pandernic and the succas8 of our Grow Klts, our Anwwh•f• G8rden hBS been dav8loped lo offer a 5implo, acc8s81ble way to begin growino your own food. All the contents of the Anywh•rn Gardan are recyclable. the pots ar• C￿061&1]e. Ihe 3eed9 wlll obvtrau81y grthv and can be planted nto1org•r contAlnern. 14 GROUNDWORK NORTHERN IRELAND Report of the Trustees for the year ended 31 March 2023 2023 ACCOUNTS FINANCIAL REVIEW reguft8 for lh• year 202V2a23 arn Éat out on page 29 pnd Ihe tru8tse8 conslder the re8uIts fr*th8 year to be Satisfactory. The Charity's totsl incomlng re8OUnX8 for Ihe year were £1.386.712 (ol which £1,338,08918 incame) and the net rmvement in fvndj for th8 ￿ar amounted to a d8cre8se of £371.234. Restrkted fund$. r•praa•nUng Income r•cdv8d for pr(4eth not yet expended d•crna*d by £337.374 and 8 decreag? of £33,880 was in re8p•ct of unrollrlctéd fiJnd8, produGifvd t£>tal balancqs carrlad fopNard of £1.692,217. The r88trided ￿ndS ￿rrIed I￿ard tthi £1,385.519. Unrestrkted ¢arrf•d forward tot*1 £306,698, which ropresents 13.4 weoks Df wothing ¢apit•l, One ol the key fi8ks for ¢hafty Mntinum to be suatalnlng unrestrlcted In¢ome. W• ¢ontlnu• to d•v•14)p plan• to hittt mora dfvetsty into our inc(xne source3. £590.558 £481.850 £160,265 £109,486 £15.200 £750 Centrol Govemmenl public Ag•ncl•8 Local Aulhorities Trusts and Foundations Nat￿n01 Lottery Un rfcted und ource Garflekl We8tr PrpAe Sertor Publlc Ag￿leS £30,000 £8,740 £9.883 The key obieGtsveG of the Charlty havo been 8lPPOrted during the y¢ar through the following Income and 8xpefKliturB: Grant management Tralnlng and development H•allh *TrJ w•llb8lng Go(Ml relalkjns £589,950 £423.780 £213.710 £110,869 £48.623 15 GROUNDWORK NORTHERN IRELAND Report of the Trustees for the year ended 31 March 2023 Grant management Training and developrrAnl H•allh and wellbelng £957,272 £433,353 £170,471 £105.689 £91,181 Golng Conc•rn At the linie ol approving thg financial 8t8temenis. the trustees have a roagonable oxpedatkjn Ihat tho tharlty has adequate resourJes to ￿ntIn￿ in opwatlDnal ex18tence for the foreseeable futuro. Thu4 the trustee8 continu& to adapt the golng con￿rn bask8 of ￿c1X[r￿n0 In preparing the fJnBncial 8tstements. R•••rvw Polky 4r0 that part of a Cha￿ty,5 unre81rlcted income Ihal 1$ $el a8kl• to meet fulurn. unexpected n8eds or PUfBUg an oppafbjnty, Th888 fwKlo are freely aVaIlab￿ to spend on any of th6 charfty'• PUfPO8•J, They ara 8ubJecl to commitments, planned expenditure and 8p•ndlw Ilmlt5. Reseryes do r￿t include restricled ￿nd3 or ¢ndowmgnt funds. They exclud8 fixed assets and monleB alrèady dasignaled for e88enfjal fijture 8pendlng. Resep4e$ will not bg Utill¥ed wlthout Ihe prlor approvBI of the GroundvK)rk Nl maintalns roger￿ lor tho follty4Ang m80rt1." To abwrb 8hort tenn selbacks such a5 k%s or de*s in funding To finance working upttal noed8, Such 88 dèw In r￿e[pts and tt) fund the tirm d•la btheen the developmÈnt of projects, BeGurlng support. and the fund3 boing mcdved. To fvnd the working capital required to fund tho usual r8lro3pecfjve nabjre 0¢ the p￿rIM funding which can rnqutt In considerab18 tlming drffwencg between expendilur• and rttdpt of rund6. To provKle fvnding to cev•r any unforoM•n d(MitsJm In 8Ctivty. allowing alt•mallv• ￿lI¥1Y to be gen8fdled andlor a planned dowrrflzlng of advty. To re¥pond lo un•xp•ctsd dllThcultl•$ or CAisFs. The Board of Twstees ha8 d•crd•d th•t th• Chrity Should aim lo hokl a mlnlmum level ol r•wrm of thlrteen wa8ks worklng capttal. which ￿rrentlY equates lo £297,lJOa. In aatttng th18 level of reser￿. the Board congrder¢d'. Th• Charty's 8ourc88 of incrxne. how much af thi¥ in(xffie ts yn•ral fvrK18 and GHn b8 used far gny of the ch?rilVs purp08es, Irdudln9 Ihè co&t8 of nmnlng the charity. The Charity'¥ runniro cogts, how rn￿h are dlrect operaling costs and how mLKh i¥ dl8cretlonary 4>•nding whith the charity could Gu¢ bo¢k. rf need8d. The cogts of dlssdutk)n should ¢harNy b8 unable to contsnue, wh￿h wlll only be used ln ts evenl of the Board dedding that the charity should cease to pJist. 11 wlll be u8•d lo pay noticè p*iod8, r•dundanues and the 8xpen¥es of running Grounth)rf¢ Nl until dosure of the organtsalion. 16 GROUNDWORK NORTHERN IRELAND Report of the Trustses for the year ended 31 March 2023 onttorlng and R•viow Sènlor Managament Team *iff provKle a firwrKlaf report to the Boanl on a quarter￿ b￿￿3, inc(HPOtatSng an update on the tevel of reselves. settlng cut what regerrf88 8r• In th8 curr8rt and yearn. Th18 8oard wlll: Idertfy ithan monl•B from tha le58n￿S aR used. so th•t Ihey understand why they arn needed. c(￿SIder whether a f811 in reserves, to bekhv the larget level, has been c4u¥ed by a th0rt4•mi 168ue or whts a fijll r8vlew of the reserves SI￿Ul1 be carried auL Consider whathor a fall in r88•rvo8 lo tse1￿ 10 weeks wurking capftal Indi¢at•8 financlal pmblw wlthln the Charity and if remedlal action nMd$ lo bè tak•n. Erwre Ihat any m•lor chawe8 In stralegy or acti￿tleS are rde£tfAI kn tho r88erve$ potlcy. En8ur8 that any slgnlflcant change in the re•e1￿ pollcy ¢X lth•l• of mWV•B hekl are rwtgd In Ihe Tru¥tees' gnnu•l report. Reviff￿ Ihl$ policy annualty. Unfo￿￿d fvrKI8 do not Include r88tricled rewvej whth Gan ¢Jnly be USVAI In WXDnlance with the sp¢)rHofs funding agreement for WUgr￿1￿& d w￿, and therefor• do not form part d Ihe unrwtrlded r860r¥a that k under the control of the Chwtys Board. The R88trfcted ReseAve bolar of £1.385.519 a8 of 3111 March 2023 re18tes to unsp8nt programmp fundlng, mAinly from tho Grant Pkngement Fund5, whith ￿1[ be dispon88d lo grantees In future perlods. The future mov¢méThl• on these restrlcted fund8 wlll rellect long-term nature d the Chorftys programmo actlvty and kn no way refiects on the Ch8rlt5lJ firlandal effklw or Pèrfomiart•. Al Irv￿)ming resourc•s ar• f•cagnlg•d In th• In which they are recelved rwardle98 of whéth Qfty a&s￿ated eyndliure ha5 been incurr￿￿ or not. Onty In *pecifK clrcumitanceB such aB wI￿n tr gf8nt ha$ be?n r•c•iv•d h advanc• for •xp8ndlure whlch take plgce in a fLrtUTe &CCOUrttTrJ pwlod: CY when th8 grant Is dependont upon tho fvllllment of a cotw ar• grants deferred until the Charity b•com•8 •ntitl•d to tho rMourc8S. InvMth*nt PollGy Th• mahoiity of funds ieceived by Ihe Charty are re8tne￿ In nature and na8d lu be kept as Iquld as Fwble. Therefore, all funds are invested in tow-tlsk Gharilable accounts wlth reputable banks where IMM￿late a(xess is balanced against 8VAi18bl8 interest rates. The invastment PDsibon o* the Charty l• r•vlewed by the FEnance and Personnel Committee on •n ongoing basis throughout th• year. 17 GROUNDWORK NORTHERN IRELAND Report of the Trustees for the year ended 31 March 2023 REFERENCE AND ADMINISTRATIVE DEfAILS DIRECTORS Dr Davld Law Carrline Villgr R06alyn Kennedy Jason Wlclnto•h Sli Bob Van G•lJ• Kerry McKittrlCk Conor Canning Dean Mccullough An￿ Gourfey Jennlfer Keane Aoffe HaMI￿on $leph￿ Fl8her Joanne McGlnl8y JJ Mag Brtan Smyth Iro81q￿j 28 Nov•mber 2ff23) lappc1rrt￿I 14 June 2022) {resignfjd 26 Aprfl 2022) (resignfjd 24 May 2022) SECRETARY H•ath8r Pollock REGISTERED OFFICE S>75 Duncaim Gardon8 Bdfast BT15 2GB AUDITOR8 H•￿InK)n Mulholland Conlrepoirrt 24 Ormeau Av•nu• 88llagt BT2 8HS BANKERS D•nske Bank 11-16 DonwJall Square Eajt Belfagt BT15UB HM REVENUE AND CUSTOMS CHARITY NUMBER: XFI 22322 COMPANY REGISTRA TION NUMBER: N10258S2 CHARITY REGISTRATION NUMBER: NIG100017 KEY MANAGEMENT PER80NNEL: Chlef Executive Officer Cara Marla Ca8Warl D¥?(*or ol Corporate SeNt¢u Heather POlh)ck 18 GROUNDWORK NORTHERN IRELAND Report of the Trustees for the year ended 31 March 2023 STRUCTURE. GOVERNANCE AND MANAGEMEKr Gov•manc• Arrnng•m•nt• Groundwork Nortsfn lrnland 18 I 'nclkn-profii' (wisation and an Independent chartt￿, onè d many Groundwork Trusts ¢)perallng thr¢ughoul Ew18a￿, W*s and Ncffthem Ireland. As o wi8tered charty and C¥)mpany Ilmlted by guarantee, Grounthrk Northem Ireland i• govanod by compary and charlty law and by The Statement of Re￿mm8nd￿j Prxtlc8, Charltles SORP second edilbn (FRS 102). issued by the Charilies c￿MIsS[￿n In Odober 2019. The SORP sets out tha ac%ounting praclic8s and d18cIo8ure requlred by charities in thelr annual accounts. Thé TrLth8 have followèd Its rnCCfTwnendations and applI￿ts￿ •¢¢ounting 8tandard• in pr6Bèntlng thwa The cornpgny governed by ils Artklo• of Asso￿allon, whlch wor¥ last arnended pnd adopted by Speo Re￿lU￿an on lat D8￿mber 2021. The1Spbilrty ol each memb•r F8 Ilmitad to an arnount nc* exc*linu one pound (£11. T￿ company b•en rnc4nlsed as a tharlty by the Inland Re¥eru8. TriAt•• Appolnirnant aTrd Chair Groundwork Northern lrnFand li govwned ty a Board of Trustees and Is comprlsed of •lght el•ct8d member5 who are either Individupl members or rnpreeentatlve8 of affiliat8 membwj; all tru8tee8 ewe unpafd. Trustee8 are elecl8d at Annual Gene￿1 MeeifrLgs for & perbd of th￿ y•ar8, on r•lrem arp eligib￿ for re-nomlMti¢n and a*tioh provldwl that no trustee Serves more thon Ihiee con8•CUttve thro8-yeAr lerynB on the Board. The Bogrd crf Tru*lee* can ctropt 18 add5Ional Truste wllh part1￿50r ¥klll8 andlor kn￿l•d￿, up to om thlrd ol the eleGted Trustees. Co4)pted I￿￿te88 hokl Lffte until the next Annual Gener81 Meetirq ore than digibl• for r•4pFrf)Intmènt. Th8 ChalrpgfBon the Board 1$ elected at th• Annual G•noral Mo•llng for a pwknd of ¢)ne year unl8s¥ re4lected ty th• Board. The trustees do ony bmficlal Int•r••t In Ihe th8rltabl• company. On appoinlment all Truste88 go Ihr¢u9h an Inductlon prooBss and are provlded with tralnlng speclk to the tole and acllvttles that they ￿11 be rwuired to uThJwthke. In fKldltlon, TNlta•8 are kept up to date wlth cttang¢s In govornanco requirem•nt8 to •n8ure are aware of Iheir obligpUon$. Rélat￿ Parti08 GrounObtrf( Northem Ireland IB a member d the Federnlon of Grounaknrk Trusts. Thi8 I￿allOr*hIp Is fomalised vjthln a Member•hip Agr•em•n( whlch18 8 bIlater￿ agrewrnnt joirrtly slgned by the Trujt and the Federatlon, setting cut the guidirvJ pthciples d th• F•der8ti¢2n, and th• s•p4ke8, roles and ra8ponslbilitla8 that the rnmbet8 and the FedeTrtion will provide to eastt other, The Feder*"on Is f¢undirwJ member ol GrourKlw¢rf( Nofh•m Ireland and as such18 ontiued to appoint a tr￿tee lo Ihe In additlon to Ihe Federatlon of GToun(Kvoth T¥￿ the trAI￿AIn9 are c¢mpany memb•r8 who are ertitled to be or appoint g ttU8tee to tho Board: Dèrry Clty and Sttabane District Council Northern Iroland H￿SIng ExeGuilv• Dr DavKI I 19 GROUNDWORK NORTHERN IRELAND Report of the Trustees for the year ended 31 March 2023 Managemènt The Board of Trustees holds fomial meetings at least four Ilmès a yaar. In thls fjnancial year. the board has met formally 4 I'mes. In betsveen these meatlng8, motter5 are progressed through the d•￿g￿lOn of actk￿ts to su1￿cOmMIttee8 of the board. and Offl¢ers of the Charity. K•y R•8pon8lbllltle8 Trusts•s Board18 re8pon8lble for m8iDr strateglG and pdy declsions and hai ultirnata r6•pon8ibllty for the cOnd￿t and financial viabillty of tho Tnml. Th• tru#t••i méat knir tlme6 per year to miaw thg rategic and op•ralional plan8 and budoets. The Bo•rd delegates the day to day finanGI81 and managerial C￿trol of th? charity to Ihe Chi&f Execuliv• Offr£r. and the senior rnan•gemnl t•Am, who m•et ￿ a monthty ba815 to re41ew the fmncial and cyeratknnal 8tatus of th8 Charlty. Tho follo￿l￿g polnts outline the key re8pon8ibllitie8 cf Trual••i. agree tho stsalegic direction Or￿ polky ol Iho Charty. ogre? tho annual opera¥ng and Inwslmert budpls. 0X￿Ul0 all legal r•8pon8lbllttte8 In CAJnneGlon *lth the Charlty. be awar• of the contsnt of the Charity's Artkl8s of AsEoclalion in order to compty with th• Charty ComrnlssiDn regulatlmj. suppc>rt the Cl78ir in ensuring Ihat the Clwrily 19 folkwing bast Pfacttc• In tem18 of118 bulln￿8 gour. provbd• •4)ortT8fr and Inslght Irrto key are88 of for the Charlty., and pre8ant th• Charfty when wulred. Trustem do not r•c•lva any ramun•ral6on ass(￿ted vAth their tole as a Trustee, exc4pt for the rdmbursem8nt for out-of-pocket expenses. Tr￿t•• 8ubCommltt•es To support eff8cllv• govemanawd have as%$3od tha major rfsks to whlGh the ¢haiity is 05ed. in particular th068 r•l8ted to th• bu8lneA6 and finance functions. The Chwity re¢ogni868 that rfsk management Is ￿ esserflol part of 9Dcxd bu￿nesS pr*llc* JKI an effectlye mecfrAnlsm of good wvefninea. Htr￿*￿r, Iho Boarrl a150 ￿rAIgni￿5 that a ri￿ mn•2om•nt 8y8thm can only aeek to manage rather than e11n￿￿O dsk of fallur•, and that ffi should, tr)erefor8. be only one ot the tools that the Boat* usè8 to prowld8 effeclr¥e contrcd and mnag•m•nt d the admlnlBtratlon of Ihe charity. Inv•Blmont Polky The malorfty of fiJnd8 r•c8lv•d by th• Charty arn re8trfct8d in nature Ind nMd to b• k•pt as Ilquid as po88Sbte. Therefore, all funds are inveslad In l￿-n8k charilablo accDuntB with reputable bar vthere ImmedSat• *CCé6S 18 balanced againBt av8llable IntfrTe8t rates. The Inve8tmenl position ol the Charlty Is miewed by tho Finance and P•rsonn•l C(*nm]tte8 on an ofvJolng basis Ihroughout th• yo•r. OBJECTIVES AND ACTMTIES Charltabh ObieGtS Our charft*Jl• oblectB a set down In the Arti¢b¥ of Association a To piomoto the conserv8tion. pr¢txUon •nd improvwnent ol phy6kal and ndural e￿r￿rrfnt Ihe18land of Ir•land (Ihe Arnal. To provldo faciliU•ts In th? inter8sls ol 8acDHI weNare for rnGmation and1￿l￿re lime acw>ati()n wlth the of IMp￿r￿J th8 ￿nd[lOn5 of Ifa forth￿ IlvlThJ ￿ or wryklnll in or resertlng to Ihe Ar•o. To advanc? publlc edU￿tioN In envtrDnrMtal matters and of the w•ys of bittèr cona•Thlng, proiKIIThJ. enhandng, hproving and r•hablllEating tho 88mo whern(￿er Including that which reiatsb to 8U8taln8bte developnpnt gnd the prudenl (kge of rogoufc4 To promote fr>rthe public tenefit, urban or rural re9enorthn In ar•ats of s￿￿&1 arKI ec&Y￿MiC deprh•tion W*hin lh• Arga by all or any of the foll0v￿{￿ means: i. the rallef of unemploymenl a￿1 puverty 11. the advancement of educatton, traTnlng ar rfrtrdning particularly amongst unemployéd pecple and providing unemploywj people with work exp*lence 111. ts mantenance, ryrovenpnt or provis*)n of public amenltka8, Including th& provisvn of r(Krt￿ays Such as footpaths and cycleways and &cess kn main trdnsport ruutes IV. the r&I￿natIon of derelicl &nd for use as Space V, lh• adv8ncèment, protection and prom(Aion of heallh Vl. the promt)tion Df pil)li¢ 8af•ty and prov•nts'on of cfkne, indudlng the allvrfiation of ant￿social behaviour 21 GROUNDWORK NORTHERN IRELAND Report of the Trustees for the year ended 31 March 2023 Vll. oth6r mean8 as may frDm time to lime be ddemiinad 8ubj*& to the prior wiitlen consent pll¢*Jlo arbj regulation*. Company I￿ r8qulre6 the Baqtd of Diw**orB to prepare flnanclal slatfjm￿ for financw y•ar. Under Ilwl Iw the Board ol Dlrector¥ hgve •loctal to prnpare the financial ststementg In •ccordanco wkh Un*•d Klngdom Generalty Accemed Accounting PractKe (Unihd Klnodom Ac£c4tntlDg StaThlardg and 8ppllcabl• law). Und•r company law the Board ol Directrjrs mu8t approw the fin8ndal stat￿￿nts unlws they are tyatisfigd t￿t th•y glvo a true and falr of the state of affair5 of the charMabl• cumpany aThd the in￿rne arKI expgndilure of the charitable ￿rnpanY for that p•rkxl. In preparlng these finllrtlal staiefflents, the Bcwd of tXr•clorn are rnqulred ta: 8elecl Sultable ?￿)U￿+ng pollo1￿ and then appty th•m con*l8t•ntly +Jb8•M th• melhcds arml prlnclples in the Charilies SORP make Judgwnents and acxounting estknrkn¥ Ihat ar• rnalonablo and prudant •tat• wh•thar appllcabl• UK Accounting Standards have been followed. ¥ubJecl lo any matorlal departur88 dlsclosed •nd ¢xpl•lnad in th• ffiTh•ncial stat•ments IXeP8re the firffjncial statements on the gokng Ix)ncefn basls unless 11 Is inyprcyr* to pr2sume that the charitable ccryony will ¢¢nlnue in operatbn The Baard ¢f DIrectO￿ are reapon8lblo for k••plng ad•quate accountlng reccffds that ar8 S￿￿ent to and explaln the charftable (xjmpany's transathng 8nd dixlo88 wilh rn880n8blo accuracy at ary ttme the fin￿r￿181 p0s￿On of th8 charftablo cc*npany and On￿le them to efflsure that the flnand 8tAtem&nts a)rnply wllh Comp8nies Act 2￿8. They are abo respon*ibl• safoguardlng th• a8Stts of th• charilabl• compary ir#J henca ft>rtaking r•akon8ble sw for the pievention and detectlon offrawj 8nd ￿her Irregularllles. The Board of Olractorn ar• r•spoMlbl8 for th8 malnlenance and Intsgrity of the corpornte and fjn•nclal inforrTEIKJn included on th8 ch8rbtable company's y￿8110. L89i81allon In the Unlted Klngd(xn kY>veming the pr•por8tion and d188emlnallon of fin8nc￿l 5tatwnents may differ frcrfn leglslallon in clh8r jurisdlrtion$. Stat•m•nt as t(• dl8¢108ur• to our •udknrn: In so far as Ihe Board of Dirnctor8 8re awgre at Ihe tlme of 8pprovlnB Durtrustee's annual tew>ri' There i¥ no rel8vant audlt infonnatSon of whiEh the Gharlt8ble compgny's euditorslg unwwarn: wvj The Board of Olrectorn, havlng made ￿qUirieS of fdlryw dwectDr5 ond the charitablo companys ￿dItOr that they ought trj have Indmdually tak•n, have thch tkn all steps th&t hetshe is obfiged to tth as a 23 GROUNDWORK NORTHERN IRELAND Report of the Tru8ts8s for the year ended 31 March 2023 dlroth In cmprise the strtement of IkwKlal xtMll•s. balanc• sheet, the slatemgnt of cash Ilows and notes to the flnan¢ial ¥tatem•nts, inclLMlwig 51gnific￿t a(Kounllng wil(xes, The IlnorKIg1 reporthwj Ihal has bEen apphed in Iheir preparntion (5 applkabl• Iw and unit￿ KlrydDrn AaXM￿n9 standa￿5. Incwng Fina￿491 R•port[r￿ Standard 102 Tho Flnandal Répofbw stanc￿ aPpI￿abl8 In tho UK and Re￿￿¢ ol lrnl•nd (Lknitod Klrwdom GenernllyA(wAed Ac0)￿lIng Pra￿¢6). In twr Wnlon, thg lknw*al fjtatwn￿ts: gr￿ a true and fair Vlew of the slak of tM charliat4• ¢>3mparf• alFdlrs as at 31 Klarth 2023 al￿ of Inc¢mthg and app&catlon of reGouKeB, lor the yew then ended.. have been prwty Wep#￿ In ac£ord•n¢e wlth Unltod Klngdom Genafaly A￿ePted At4x)untiry Pradce", have been preparod In •cMrdan¢o wNh tho r8quhm•ntB of CompwdeG Acl 20￿. Ba•1• lor fjp1n￿n cond￿￿ed a￿lIt ln acrxKdanco wilh In*malltywl St￿8 on Audikng (UK) 11&48 {UK)) arKI applkablè Igw. Ow ro$N￿lbO1N88 W￿•r thosè 8landard6 are further 4Jescribed In the Authtofs rgsponslbNlf*s forlh audll of Ihe flnanc￿l &talornents sectkjn crf our ￿poIL We ar• Ind•pend•nt tsf tho In accordance wilh the etPd rewk¢ment¥ Ihat relevart to our audlt (rf the ffinanqaal slatemenls in the UK. inckjdlng lh• FRC'S Ethkxl Standard, and we have fdfilod Olf olher ellmeal r8¥•DnsSbilltbs In •C￿rdanc4 wlth th6ee requltvTh￿nts. Vk believe thAI the fiudll eyid8n(* we have I￿111￿•d Is ¥uftkSpTrt and approprlate to provlde a basls lor our op￿. Conelu•loM Y•hllng to goliig con¢•rn have nothing to report in respe& of the f(hltr4Ang matttts In rnldon lo whtch th• ISAS IUIQ rnqulTO U8 to tepJrt lo you were: the direciors, use of th8 gowvJ con(*m basls of a¢wunUNJ In th• prnparntion ol the financkl 6talements is not &pprop￿te. or . the dived0￿ have not dlBdosed In Ihe lIn￿￿￿1 stAt8menls any kl•ntW ffl￿•rt￿ ￿c•rtaI(￿1Q6 that m cast sSyrdllcant do￿￿ al)rArt t￿ group's or the pa￿nI cO￿￿Y'S abillty lo continue to odopt the goliig ¢oThxm ba81¥ of lor a period of at least mc•rth¥ from lh• d•t• thlmn th• fffwiL¥HI slatements 8Tr out1￿•d for ls¥u•. Other Infommllon The other infonTralion cxwnpri6es the Infommlion EnclLKled In the Dk•aors' Report. Othor Ihan the fin8Th stalements and our auditor's report Ihereon. The dlraGlorn are r8Bpon8lble for the (ther Inlorniattcffl, oplnlon the financ4al slatements dces nol fx)wer the other thfornithn and. exc•pl t) th• oxt•nl olh•TWm •xplc#ty in our r¢port. Wo do nol •Xprn￿ arw ltym of a$WJran￿ conduBion theroon. In wThdlon wllh our audit of Ihe financlal Slaten￿nts, our responsibllty Is to read the olher lifonllatlm and. In doin9 so. conslder whether the other Infom)ath)rt Ss mat•riwly tnctsnsislent wlth the fThnL?al statemerts or our knowl¢dgo olAained in tho audit or olherwise appe4¥8 to be mateii• misstatsd. 11 we Idenllfy w¢h maierial Jn6islerKie5 or apparent Inalefial Mi￿1￿Me￿I8, w• ar• r•qulr•d lo dolwmlne ￿ether thwe 15 a mateii81 ml$8lalwMnl In th• Ilnan(yal 3talemenl8 or a malerial misslaiemenl of the other inform8titin. If. based ￿ Ihe Ki we have perfOfft￿d. we conclude that it￿ 18 a m&t¢rfal rn188latemont of thli othw knfonnatlon. we are required lo report that f•ct. havg nothWKJ io rfj￿ kn ihls rngard. -25- GROUNDWORK NORTHERN IRELAND INDEPENDEKf AUDITOR'S REPORT (coKfiNUED) TO THE TRUSTEES OF GROUNDWORK NORTHERN IRELAND Oplnlons on other mitr•rn prH¢rfb•d by the Ctynpanles Act 2006 In our oplnlon. based on the work urKlertaken In thp of our aud Ihe infomwian glven In the TnJs10•8' rewi for th• ltrwidal yaar for wh￿h thè Inandal statwMnt$ w• Prepa￿d, whtch indudes the dir6¢ttsr8' TW)Drt pr•par8d the wrpos¢s of lthv, is conslstwrt *ilh tl finandal 31•temonls", and the dar￿5. IEPDrt induded wlthln tho Tnmte￿, Trport Pjas beén prapar•d In ac¢ordan¢% with aprfK*ble legal fWUtr•m•nis. on whlch w• ir• rvqulrod to f•POrt ty •xc•pthn In the hght of th¢ kncMil•dg• and urKlor5tandiry of the Clwttable cornpany and itB envirorwnent Obtsh￿d kn th• ¢c•ur8• of lh• audiL w8 have rK>t idortlfied mat•rl41 rrd88tstoments in the Slrnt8gb •nd thg Diredows, Re Wo ha¥p noth¥￿ to Teport In regpecl ol the k4lowlng mattern In rnlauon lo whlch th• Charfties (Attounts and Reportg) R•gul•tl¢n$ 2008 roquiro US to reptyt lo yov11. h pur o￿nion. the informallon g6ven In the fin•nd41 ¥latem￿s IB incomlstent In any mat•rtal f•8pecl th the Tnjstaes, 8uffldent acoounllng r•c•)rd• hav• not been kepl; of the Itnanclal statsments are not In agreemwil wlth the ac¢xxwllry records: ar we hove not rnGgSv•d all the ￿lD[Ma1￿￿ and explwwoni wo rYJI￿ for our audlt. R•spon•lbHIOos of Tru•tw• As explalnwj more fully In tre sl•tam•nt of Trustees, f•6PQnBibfrtles, the Twstg9s. ar• alio th• dlrecti>rs of the for the purpDJe of ¢ompony low. are r￿ponSIble for lh• pwritkffj ol th• finandal Staternénli and for b•lng $atlsffied th￿ they Ove a true Bnd falr and for iuth Inl•mal control as Ihe T￿￿189• d•termI￿ Is ne￿sary to enable the preparnllon of1Snanclal ltatsmenls that arB fra• from m•t•rfal ml$st*l•m•nt, whethÈY due lo froibJ or •rror. In Neparing lh• Ilnandll Statsments, the Tm8tè88 r•SpOn￿blO for as5155ing the 's abthty to conunuo ￿ a C4xKem, di8cbDBing, as appl¢•bb. m•tt•rs r•lat8d to 9￿9 concem and u$kng the golng cO￿8M basis of a(xx￿￿￿ng unle8$ tho TN$lo01 eilher Inlend lo Ip4thte the th4dt•bte cornpary oi to cea59 opernfjons. (* h8v• no allstlc allwnabve bul to do 80. Auditorf• r••pon•lblllll&• lor th• audtt of th• Ilnancknl statsm•nt• Our (tytives are to oblaln r•080Mble sssurnn￿ ab￿1 whether the fin•ndal $t4t•rnents as a whole 4ie free from matellal rnlssl8tement. whether due to fraud or ernr. and to luuo an audSto¢s report thal Includoi our othn. R￿s0￿ble as5uv3ntt Is a high of a¥siurance but Is not a guarnntee Ihot an audlt c¢nduct8d rn ￿0rd￿￿e wlth IW (UIQ wll al¥Yay5 detect a materfal rn188181omfjnt when it existB. Misslatements cAn aflse frorn frnud or 8Jwor and aro rA)n8ldeAed m8ledal If, Individually w in the aggrogats, they could reawnatly b8 expe&a4 lo knllu• the economSc dècisions ol u$etB taken on the b85is of Ih080 f￿ancIal ststementB. A furth•r d8¥c￿lon Df our responslbllitle$ ig avollgbl• on t￿ Financial ReFqXting Couneifi web811• atr. hltyB:11 Yhvw.frc.¢xg.uklaudllofsre9ponglbllllie& Thi* de51xipIILm fomi8 pwl ol wr audnorfs r8port. GROUNDWORK NORTHERN IRELAND INDEPENDENT AUDITOR'S REPORT {coKfiNUED) TO THE TRUSTEES OF GROUNDWORK NORTHERN IRELAND Our apwoach to idéntlfying and a88e85iny Ihe risks of materid misstslement In rn8P•Ct of lff•wlaiiI06, Indudkng fraud atKI non-complance wtlh laws 8nd regiAotlons. wat al fr•ifow8: . the engagernenl partner ensured th•t the engag•m•nt l•affl cohGtr¥oly had th8 appmFfiale compeiencA. COPgtAistle8 ond $ki118 ts t￿lItY or T•￿9￿1£e Th¥FfAJmpllm wllh 8pp&cth laws 8ffld rngulallon$: • we id8ntilled Ihe kws ond regulatlons ap￿1¥blO to th• conwany through d10￿$SH)n5 wSth dlrectors 4ndlor 4enlor manag•ment. arKI from our Comme￿la1 knth￿9e and experfence of the 90clor', Wè fDcus¢d on 8porJffc laws ind regulattons whldb we ￿nSIdered May hove 8 thrgct mat•rf&l off•ct on th8 finaftcAI temellts or the operations of the c¥)mparry. Irxhthvj Comp￿188 Acl 201h, taxalion legi&lation, prolerAion, brfbwy. •mploym•nt. •rrdronmgrrtal and h￿h and 8afety le•sUlon . we as88$18d the •xtent of Com￿lanC• wtth tho laws and regulalions Id8nofied obovo thffjugh matrthg •nqulrf8s ￿ maryrnent and ￿sper￿.0g legd corre¥￿*Y￿￿*. and idenllfbj laws Ind rggulalloni w•1• mrnmunlG4l￿ wilhin the audlt team rall￿rfY WKI Ih? t8gm rnm•Onod •hrt to inBtan(xs of non4omp1lar￿8 throughoui thg audlL 4soo6sod the 8uBr•tIbi￿ty of the )IMndal s1otom•nts to nialerfal rnh¥tatoment, Ind￿ling oblainw an undwst8ndtng of how fraud mtghl 0￿￿￿, ty. • makng erqulrfas of m•n•gomwl as to th•y there was 8u%>eptlbil'ty to fraud. tr￿1r kTrywl•dgo of 8Klual, 8U8peded and Bllegad fraud; and consSdering the IntThl ¢ontr*Ys In pla¢• to mlllgale of frdud and Th>rFGumpliance wllh and rngul•llon8', To iddr8$9 the rlsk of fraLKI through m&ftaoemenl biav and ovarride of CA)ntrol8, we: pgrforrned an41￿[Cal prcttdure$ la Idenllfy ony unu$u•l or ￿n￿pa¢￿ed rqlatlorifihl￿. tested Joum•l •nlrf•s lo ￿tify unusual Iran6aclvJns", • asB•ssed whet￿r judgemantg and aS￿n￿l￿n$ m8d¢ h dgtormlnlw tha %L¥Juntlng 051imat86 set out NDle 2 ww8 Indlcalh of potonUal1Ios: and Invejltsated the rnliona18 behlnd slgnHlcarrt tr8Macllons: In respons• lo th• rlsk of i￿e9￿1£r111eS and nCrfKomp1￿ wilh Ith¥B and r¢guht￿?r￿. w• d•ilgn•d woG•thw•i which induded, were not Ilrnltgd to: • agreelng llnancIal st8lement élscl)sures lo supportlrrfj d¢Lxlln•ntatlgn; readlng Ihe mlnul8$ of meetings of th¢)38 govemano; • •nqulFlng of rnonagemenl as to a¢bJal ond poteDWal lrttgatbn and clhlm$', and ioylewlng ￿rr•spOnden￿ with HMRC arKI the company's legal adv1￿￿. Th¢re •r• Inherent Ilmllations in our airdit proceduvp5 desrxib•d abcwe. The mofe removed that IAW8 and rvwions ata from finan(x81 transAclion¥. tho legs Ilkety It Is that w8 WDLld beffjffle aware of r￿n-Cl￿pIldn￿. Audth"ng 5larvJa￿S al80 Ilmlt the audlt procedure• required lo idwMIfy norb(xJmplIar￿ wilh lawg and reg￿8110￿ to Jwy of tha dkeBtor& and other management and th• Inspedlon ol r•g￿￿tOry 4nd18gal corre5ponth￿e, If any. MotwEo1 mFssiat6ments that 8ri8e due to fraud be harder to detect than Ihose Ih•l from •Tror •8 Ihgy m invofve deliberdte ￿￿ealment w colluglon. -27- GROUNDWORK NORTHERN IRELAND INDEPENDENT AUDITOR'S REPORT ICONTINUED) TO THE TRUSTEES OF GROUNDWORK NORTHERN IRELAND ¢ of our v•port T1*5 report is made $olety lo the ¢ompanK$ m•mb•rn, a8 a body, kn afX0rdan￿ wilh wllon 391 of IM cOm￿nIeS Ad 2014. Ow aud¥t work has bgqn undertaken Go Ihat wo mlgm state lo tho company's memtJer¥ those matt￿5 We are wwed to state to them In an audtlof$ report and no Oth81 pUTw￿e. To the lulle¥t extent Penl￿ttod ty law. we do not accapt (K a88ume responsiblllty to Bnyone (thor Ihan Iho ojmpany and the companls mernbern as b￿, for audtt work. for Ihls rèp¢¢t otfoi th• oplrkn8 we have foffl￿. gan FCA (Sonlor Sts ry Audltor) For and on behalf of mart￿n80n Mulholl•nd. Charl•rnd AG¢ountants and St•tsrtory Audttorn Cenlrepoint 24 0￿￿aU Avenue Belfasl 8T28HS 10 .l.11.3.-Lk H*rf)lThson M%thdland1s elgibl8 lor appoinlmert as audllor of the C￿rty by ￿rtu0 of ftB dilllblllty appolrtment as auditor of a company under sectbn 1212 of tho CompwdosAct 201￿. GROUNDWORK NORTHERN IRELAND STATEMENT OF FINANCIALACTMTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Unrnstsicted Restrlcled Totsl Unr•strkt•d R•¥iTktsd fund* 2022 2023 2023 2023 2022 2022 Incorne and endowments Donallons and legades 30.000 30,•XKI 12,5fKI 12,600 le act . Grarts re(*fv¢d for 351.038 551,038 1,006,e￿ 1.(K6,654 . oth•1 ¢hartl•b acbviii8S InVeskna￿ Oll*r Inojme 789.918 TT9,799 17.137 17,137 8,740 32.905 316.502 1.214 349,407 1.422 24.155 8,740 24,155 Tol•l In¢om• 48.823 1,338.089 1,386,712 69.788 1.384.370 1,454.138 CharttaNe a(thMles 82.483 1,675.483 1,757.948 58,CKIS 1,584,647 1,e42,852 N•t •xp•nqfrtur• forth• N•t movem•nt In fund• (33,8601 (337,374> 1371,234) 11.783 (2iyJ.277) {188.614) FWKI b￿r￿• 411 Aprfl 2022 340.558 1.722.893 2,083.451 328.795 1.923,170 2,251,965 Fund balJnc•s al 31 h 2023 306,698 1,385.519 1,6V2217 340.558 1,722.893 2,oe3,451 The st•lemant 011kn4￿￿1 •rAMU•* jrthd•J al gan8 lowi rfcognlsed In the year. All Inc•)mo ar￿ •ygqndllur• d•rfv• trom ￿tin￿9 ac11￿lIes. The Slatom￿l of fmanaal KMi•s also vJmpks wilh Ihe rn4uimments for an inmm? arKI eXpendI￿r￿ ac¥xurt under the C(xnpariM Act2(XM. -29- GROUNDWORK NORTHERN IRELAND BALANCE SHEET AS Af31 MARCH 2023 2023 Nots Flxed assets T4ngSbh *8ets 12 482,781 Curr•nt a•••l• stockts Debtors C48h 01 bank and In harKI 13 14 4,735 132,832 1,179,004 6,336 122.492 1.674.128 1,31Q571 1.802.956 Crndliorn: aA￿Un￿ falllnry du• wlthln oney 16 (95279) (228.21n Nat (xrnnl auots 1,221.292 1.578,739 Tolal ••••i• l••• curr•nt liNbHIII 1,704,073 2,OTI,275 an￿nts lallng duo aft•r morn th•n OTh• year 17 (11,858) (13.824) N•t aM•t• 1,892.217 2.￿.431 Incom• funth Restricted fur￿$ 1.385,519 308,698 1,T22.893 340,668 1,892,217 2.￿3.451 -30- GROUNDWORK NORTHERN IRELAND BALANCE SHEET ICOPfflNUED) ASAf31 AIARCH 2023 2Q(￿. ky Ihe y•¥ and￿1 31 Marth an h&• b•en Sffakyn 86 d Ihe The not rnqulrnd th• ojrnpwej *) ¢￿01n hs Il*ern•NA th• oflho Cqyn*•AL* XKfj, fDrts y•Yth queth kn a￿l￿an0•MIth s•th14n ID lh• •rnal ￿M￿nI•S l¢)n MdnioBh -31- GROUNDWORK NORTHERN IRELAND STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2023 2023 2022 Cash flows fmm op•rnlFng a¢ll¥KI¢8 Ca8h abGorbBd ty owatlon5 21 (510,295) (61,SSO) knpmllw athltl•• Purcha80 of tsngible fixed assèts Invostrnenl Iricajna r￿er￿ed (19,392) 1,422 17,137 N•tc•oh g•n•rat•d frofflllw•d in} Inv••lkn9 a¢lvlll•• 17.137 {17,970) Fln•nclng •Ctlvltl•s R•paym•nl ol bunk loanB (IM) (2.CQ9) P4•t Gah us•d In flnancfrng actMtl•• (1,W) <2,009) N•t decreme In cash and cmh •qulval•nl• (495.1241 <81,629) Cash Bnd cash aqulvolenti at t4ginnlng ol yoar 1.874.J28 1,755,657 C•sh and eA*h •qulv•l•nts it •nd of y•ar 1.179,L104 1,674,128 -32- GROUNDWORK NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 A￿OuntIng polkl•* ChArlty Inlomiatlon Groundwcfk hlorthèrn Ireland Is 8 pri￿t$ Conyny Ilnthd by Incory)cxated In Northern IrelaTrl. Thè r•gistornd offi¢e IJ . 1.1 Accounllng GMv•ntion The financlal statsmonts hove boon preparèd In accordan￿ wlth Ihe's tgovemlng da¢wnenQ, the Comporf0$ Ad 2fNA. FRS 102 'Th8 FiwKial Repexllng Stsndard appficabl• In the UK and Republk of IreJaTNf I'FRS 11Y27 8nd Chart11￿ SORP "AceounfjThJ and ReporlirvJ by Chathi88: Stalernent of Recomrnendfjl Prodke appllL7ble tc charities preparfng their wunts •) s￿)rdanCe wlth Iho Flnancial R8porln9 Standard appllcablo In the UK and Républk of Irqland (FRS l(r2)' (effat*ive 1 January 2019). The 1$ o Pub￿¢ Benefll Entty a6 defined by FRS 102. Th8 fin8ncF41 stalemerbts •re pr8w•d Ir• sttha. wtlth18 thq lun(&knnal Cu￿encY of the . Monetsry 8mounts In th￿0 Ilnandil 8lat•rnqnts are rour#Jed to Ihe nearest L Th• fjnanclal tstoments have been prepared ￿der the hlstorlcal (xjst ¢onv•ntlon, modlfied to WlGILKlp tho rBvaluallon of frethold propwllg8 and to Indude knyaslmont wopert196 and certaln finarthl Instrun￿ •t falr vakn. Th• prtncAp81 accountlng pollctes adopted are set out belN. 12 ¢onc•rn At the Ilme ol •pprovlr& lh• fln•nclal 8lthmwrts. thp Tnt81￿8 havo a reasonable experlallon I￿1 the ha$ •d•quat• r•60urcw lo C￿ntInue in operatknal extstence fi)r the fDf88aeobl• firturo. Thui the TruBloeB rA)ntinue to adopt the gokng ￿ncern ba818 of •ctounllng In woparbw the Ilnancial Btatements. 1.3 CMrftabl• fuThd• Unresblcled ￿ndS ar8 avallatyle fr* us• ot th• disff•tkni of lh• TfU8tarf In furtherance of thew tharitable obl•cUW. Rostrrcled fvnds are sublerl to specfflc condlllons ty d￿0(* as to Ihey may b• umd. The purTXMS and usv of tho r•$lrfcl•d lundi ar• 8•t oui In the rKAeB to the ffinanclal slaternents. Ermkywmenl lunds ate oubjecl to ¥Je¢ifK cA)n(¥IKins ty donorn th•t th• ￿pItal mujt b• malntaln•d by the . 1A Ibwm• InGome l& rnoognised when Ihe Is legoty enblled lo It after pwfvm)arK• condluons hav• been mel, the •nthmts can b• moa8ur•d r•llably. and1116 prababl• that InL¥Jmo will be rea81￿d. CaBh donauons ere retxgnlsed on receipt. Olher donollon$ are r•¢ognkn?d onc• the ho5 b••n notlfied ol Ihe dor￿lI0n. unl•s¥ ￿rf0￿anLy GDndlfiDns requlro defenBI of th? amounL In￿me tax recoveroble In rnlatton to O)natiDns under Gift (x deed5 of ¢t)ven•nt Is reo¥rd¥d 8t the tlm• ol the donallon. L¢94cSeg arg re¢cqniMd on rKoipt or olheTh¥ise rf the has boon rK>th)ed of an irnpendlng dlslrfbullon. thg amawbt 15 knuwn, and ree£tpt 48 expectsd. If the ￿nC#m1 i¥ not known, th?1ogacy is tr&thd as a ￿￿lIngent 888oL GROUNDWORK NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2023 Accountlng pollcles ICortlnu•d EXP•￿￿￿1¥ Expendllure 1$ recopn188d onc8 Ihern Is a legal or CA)nslwctlve oblwon lo trAn$fvr ec*)nomk benèfft to a third party, Itls P￿babIe that a transfer ol ?CQDOMlc s￿1 be rnquired In settknient, and the amount of the obllgfyllon can b• moa8ur•d rnll*ly. fyp8ndldK• * clag8if••d by aCIl￿ty. Th• coblB of each adiwty Are fftadé up of b*• total ol dlrect C48ts and $hafed ￿>￿15, induding support costs Irwolved In undgrtakmw each Dlrwa ￿bts attributable to a Bknglè actmty arn allocated dlr8L*ty lo that athty. Shared costs wNch CDntrlbut• lo mor• Ihan on8 activty and BUPPQrt uJ8ts whlch are not attrhbut8ble to a ¥lngl• acllvlty af• apportloTred belween those acliitylies on a basls eonsl¥l¢nl wtth th• us• of r•sou￿$. Central staff ujsts are allocated on th• ba$1$ of Ilm• ￿•nl •ThI d•￿e{la*10n charge8 are allDCat8d on Ihe portlon of tho 9$8rf1 u￿. IA Tanglbl• llx•d i•••l• Tangible Ilxed assets arè InStl•lty m•08ur¢d •1 co•1 and wbsoquenty measur8d at cA)8t or valualknn. r*t of d•pr•d*tl¢n and any impalrm•nt kxBes. eweclallon ts recognlséd $0 88 to wth off th• coll or walualon ol assets les81heir residual ￿ ovér Ihetr u*ful lfv•* on th8 foll￿￿n￿ basas: Freehokl land &Ad bullding5 Plant and •qulpm8nt Fixbjres and fitting& CofflFul•fS Motor veh*l 1% 16% 15% 25% Tho oakn or ID85 arlilnu on the dl8PQEal of an is detemined as Ihe dIffe￿n¢4 bth•en th• *•lè wocoed• and Ihe cArrylng value (rflhe agael. and13 re0)gnIs￿ In th• statemoni of Ilnancial a¢ANilies. 1.7 Imp4lrni•nt (trf flx•d a•••ts At each reporting end date. the rfr¥iwM thè CAnylty amounts of Its l•nglbl• awets to d•tsrmlno *thethew there 16 •ny SndScatlon tmt Ihose assets haw suilored an impainnent loss. If any suoh Indlcallon ¢xhl$. th• ￿e￿verable amount of the asset Is e8tlmalad In ordaf to deIerynI￿ tho •xt•nt ofth• Impalmi•nt loss (11 any). lj Stoekg SfrKks are 5tAted at the IDw•r ol ¢o818nd eslff*t8d AlTrJ pflco 1018 CO¥t8 tt) compl8lv and sdl. Cost ¢omith•s dltect matsrials and. ltheie appS(xble. dire(a labour rxjsts 8nd those overhgads thal have bfj￿ #icunpd in bringlng th8 siccks to thetr wesent kncatb3n and condition. Ilems hekt for dislribution al no f nomlnal ￿￿￿erallOn arn mwasured the I0￿r ol rnpla(xmenl cosl and ￿51, Net reallsabl8 val￿e ij the estlmalad fjalng lo¥s all eBlmated uJ6tB of (x>rnpl8llun and costs to be md In mamnll. ¥glling and distribulon. 1.9 ¢a8h and ca•h •qulval•nts Cash and cash equivalents Indvde cash kn hand. d¢poth hold at call WTlh bank6, other Shor￿lem7 Iquld vestments wtth odglnal rrwturities of 1hree months or18ss, and bank overdrafts. 88nk ovordf8ft8 are ¥hryn within borrowing& in oJrr8nt lat41ilie& GROUNDWORK NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR ThE YEAR ENDED 31 MARCH 2023 Acc¢￿ntIng poll¢l•• ICOntlnu•d) 1.10 Flnancial thBlruments Th• hag 918ctsd to apply lh• PTUViEionJ of S8CtK)n 11 'B&sic FlnancFa Insbimnents. •nd S8ollon 12 Ixhor Finanoal Instrumwts Issues. of FRS 10210 al of fing￿4a1 in8trumonts. Finanual instruments are recognl#ed In tho '$ b•fan￿ ¥1￿1 ¥th•n th• party to th? contracfual pro￿¥50n￿ of thg insltumenl. Flnanclal as801s and114bllthE are off8e( wtth the net amcrtmts presented In the Itnandal 8t81ement¥, ¥*ffien there is a legally enforceable rlgttt to 981 off th• r•cofvd amounts and ther• an Irrtenti(￿ to s8tt1o on 3 net bas1• or to rnalKie tha asset and 58tt19 tho ￿#bIlty simthneousty. Ba￿¢ finon&81 a99eti. whFch Includ• d•btor8 * (xsh and bank bal8nrAs, are Inl11￿ measurnd at tran6ad5on prfce Fnoluding transaction costs and •re sth&au•ntty c4fFl•d at imortlmd cost u*lng th• 8ff•cilv• lTrt•re¥t m•lhcd un16$s lh• 4rrang•m•nt financlry transa&K>n, where Ihe trantsaclion KG meaEured at the FYe5enl VAlua of the future r• d18¢0untod 8t • m•rket r•1• of Inlore81. Fln4rKlal #i•ts ¢l•MHt•d 49 roc•lv•bl• whhln on• y•or are ￿ort1••d. 8•sk ffn•nclal Il•bllRh* 8aBits flnancial liBbllltleB. IndudlnG credltors and b•nk lo•n$ 4r• InltJ8lly r•￿nI$•d at tr4nia1xl￿ L￿1•88 th• affang•m•nt con¥Utut•s a financlng transacuon, whwv the debt vistrument is rneas(Ked at the presenl value of the luture payments discounted at a rate of IntwasL FIn￿¢s81 N¥bllHlo8 cla8aifi8d 18 ￿Yabl• vAthln ono yw arg nol •mor118•d. Debt Instr￿ents •re subsoquentty ¢orrl•d al •morll8ed cost. U8lw th• •ff8dlve Internot rnte metlmxl. Trath ctsdllor8 ar• Dblyallons to pay for gr#xl$ or $Or￿CeS Ih•t h8v• bwi ￿qu￿r*￿ In th• onlkmry L¥)urs• of Op￿￿On$ from *uppllofd. kniounts payable aro cla8dfi•d as current Ilabiltie5 rf payrnent is due w(thln one year 01 lesB. If noL they Bre presented 35 no￿rA￿Tent 11oblNtles. Traée ¢Jedltors or8 recollnlged knItIAly at transactlon prSc• end ¥ubs•4uenlly measurod ot aTh￿Sed c081 u8lng tha ellecllv8 Inte￿81 rnethod. Lkncognthn tsf fln•n¢hl lialjlliii Financial liabllts.es arn derec4)pr¥sad when the '$ ¢antra¢*￿ oblgatlon$ •ylr• Dr •r• dl$th4fg4d or ￿n¢•led. 1.11 Employe• b•n•flts The LX>St of ary unused hollday enliuement is werA)gnlsed tn the p￿10d In whlch the emF4oyee's seNl¢•s are recel¥ad. Temiinolon ben•fkls aro ro¢Dgnbod Imrn•dlaléfy a$ 8n oxp¢n$o whén th• h d¥Fnonstrably ￿￿nMitted to lemiinala the employinent of an employee or lo provide tsnnrjation benefrt&. Cflllcal accounllng estlmatè8 and ludgem•nts In the applulion ol the 's acrA)unling policies. the are rgwlred to mgke judgements. ullM88 and 88sumptlons al)￿J1 the wing amount ol assets a￿1 labililies Ihat are readily apwent Imm olhef BOUT(Ys. The estinate5 arbd ￿50a81ed as5wnpb.ons are I￿Sed on hlslorfc41 experien￿ and olher I￿10[$ Ihat aio ¢>)n8ldwed to be relevant. A¢lu•l ro8ulis may differ fri¥n these estimates. The 8Stlmats8 and und8rlylng a88ump1h￿S are rnviewod on an ongalng basis. Re￿810n$ lo accounting estimate5 a￿ reoognised in Ihe perlod In vAblch ts estimate 1$ ro¥lsed where Ihe revi*tM aiT8cts (xlty that rfod, or in the porh)d of tho rev15ion aThl fvluro POriDds where the rnVi8K4n affeL*5 buth ￿1r8Tht and Periods. -35- GROUNDWORK NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 AfARCH 2023 Donallom and l•gacl•• Unrn•trl¢t•d Unrn8tr*t•d fimd• lund• 2022 G•rfknll Woslon 30,C¥JO 12,5CQ Chqrfl•W Ch•rflabl• Incom• InGom• 2023 2022 Communlty projects L•nd pmle¢ts 787.802 297.718 551,036 1,066,440 11.997 52.9)5 1,330,635 1,416,061 Anknll by fijnd Unre¥trld•d fund8 Ra•tri¢thl funda 9.883 1.320.952 1.383,156 1,330.835 1.416.081 Unr••tsttsd R••lrfctsd funds T¢tsl Unrnstrldad R•str￿d fvnd8 ndg 2023 2023 2023 21r22 2022 Bank Int•re¥t re¢glvablo 17.137 17.137 208 1214 1.422 GROUNDWORK NORTHERN IRELAND NOTES TO THE FINANCIAL 8TATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 UnTr4trl¢t•d 1*westr￿ted nds 2023 2022 Ro￿0 hlre oth•r Incom• 8.740 24,15S Charltsbl• 4eUvlll•• C￿ri￿bI• Charlt•bl• ExpaThdttw• Exp•ndltuv• 2023 2022 CLwnllM￿ty projeLts Land prnjecls 486,636 1n,879 859,971 1.101.227 1.348.e07 1,274.IC Sh•rn of Support cNts (*•• nat• a) 411.339 388.548 1,751.948 1.641852 AMly•l• by fund Unre6tricted fimdB R••t￿t•d I￿￿8 58.003 1.875,463 1,584.647 1,757.946 1,642,652 -37- GROUNDWORK NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 8upport ¢¢)•i¥ 3upport GovornanG• 2023 Support tx)sls Govemanca staff ts)sts Dew8(xBl￿n MeM￿[ShIP Fee6 Qlher dlr8ct C49ts AcrAxnodalon Admlnlthtton Communit*Uon & rr T￿InIng and rqcrultrnent Markeung Professional fees Ml$¢•llan•ous Flnance thargos 272,911 17.752 2T2.911 17,762 8.449 1,576 20227 46,193 15.869 2.938 249,810 17,763 8,708 249.810 17,753 6,708 929 27,nO 1.576 20.227 48,193 15,889 2,936 9,000 27,770 10.703 1.572 119 2.520 10.703 1,572 119 2.520 865 111 I 7.848 1,201 7.970 959 7.970 1.201 Audil fees ConsuhanLy 2.912 2.912 1,728 4(Y2,427 8.912 411.339 380.818 7,r28 368,546 Analysed between Chorftabh •dfrdle• 402,427 8,912 411.339 360.818 7.728 388.548 Governan￿ ￿>sts inoludes payments to the ALdtory4 of £6.0(Y) (2022- £8,rw tsr audtt fee& NITh of thè Trustees (or any pef8OM ¢<>nTr￿1ed wlth th•m) r•c•l4*d any r•mun•rndon or benefils Irom the ng th• y•ar. 10 Employw• The average llv)nthly number of employees dumg Ihe y••r w48: 2023 Numbpr 2922 Numhr 15 14 EnYloymg￿ costs 2023 2022 Wages and 901arfg9 Soclal Becurty ￿sts othor p•n8lon costs 301.829 22,950 10,846 224,487 16,386 8.957 335.625 249.810 GROUNDWORK NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 10 Ernployees Tha koy managem8Trt pe￿Onnel Oftt￿ ch¥ty &imprls• th• Chlef Ex•tuUv• Offlcw and Ihe DiredN ol co￿ar￿￿ SeTrlcos. tolal wnployoo lJ•nafft5 althe kay fflanagernent wsonn•l of th• charlty were £117,170 C2022', £106,66B). The number of employeoj whtsg¢ ann￿1 r¢mthwallon nKKe than £60,(kYI as f¢l¢w•: 2023 Numb•r 2022 1,001 to £70,000 11 T•￿tiOn Th• ch•ty18 oxempt from tax ￿ Inwme and galm faliry wlilkn oedlon 505 of tho Taxes Act1988 or secti 252 otthe Taxatlmof Chwgoobl• Gots Aet 1992 to lh8 axknl that the8e are 4ppfjed io 1$ ¢h•rftth• obJ•cti. GROUNDWORK NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 13 Sto¢k* 2023 2022 Rthy matartals and consumab 4.n5 6.338 14 O•blor4 2023 2022 An￿unt¥ f•JllTry wfthln on• y•ar Trade debtor Qthef debtor4 Prepayments and accrued Fnoome 119.591 6,114 6.127 118.152 6,340 132,832 122,492 IS Loan• and overdrd 2023 2022 Bank toans 14.888 16.654 Pay4bf• wlthln on• y￿r Paydle after one year 2.830 11,858 2,830 13,824 18 Crndllor•: •mo￿ts falllng du• wlthlD on• year 2023 2022 Bank k>ans Olher taxalDn se￿nlY Trade credllors Olhercroditors Acauols a￿1 d¢fvrr¢d kthm• 2,830 10,394 32, 5.451 32.047 5.276 180.613 41.030 gS.279 226217 17 Cyedllofs: amowils fAlllng due aft•r more than on• ye•r 2023 ¥J22 Bank ban8 Is 11,856 13.824 -41- GROUNDWORK NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED> FOR niE YEAR ENDED 31 MARCH 2023 18 R••trl¢led Fund¥ BAlanM at 2022 Balan¢• al 2023 lThoom• Exfvw•• Tr•n•fgr LAMD Alpha Programrrn Akjha - Ed￿de￿ Nurry•ry 389,536 <164.275) (59,934) 13,011 178,338 39,589 (262) 26.866 47.845 (8.608) 282 284 (321) (30,983) )ha - Elre Og pha . Na￿ Alpha- Church of lrnlar¥J AJph8- Morniwton Ccxnmunlty Proi8Ct Alpha - Cattl￿ObIn Hall L( Alph8- Unk8 Counseuing (27.1501 (47.524) 5.664 800 {675) (488) (5.089 1312) 1,760 24,942 30,901 1,467 (589) (23,936) (30.484) (24) 50,171 Alpho- Nl Youth Forum ha-Advantag8 Found8tic Ak)ha . Atlas ￿en,? Centr¢ ha- Nl M(L8Nm Ftlnfily Asaoei*l"on AJpha- CIYMS Cricket Club AJph8- New Lile Cty Church Alpha- Include Y￿rth Alpha- LArGhe Alpha- BalIynaf￿gh Community (1,006> (41n (1,433) (8.828) 1834) 1440) 124) {15245) 1.331 1.415 1.624 50,437 16.944 ($81) 11,084) 50.413 11.49e) 16,4301 (41236) Alpha- Ctowo Unlted Alpha- FkAywoC￿l Rugby Faotsll & Crlcket Ch Abha- Mcctackwn CuRuraF Soc Atrsha . Roddy Mccorkny S Alpha - Irn￿ Training Ltd Alpha - Lisbum RFC Alpha - St.Michael's GA¢ Magh￿￿4n Alpha- Vla IfiAn Alpha- Nwmorge Development Alpha- Ca$lbrobin LOL Hub Alpha- Baltybe•n Improvement RegenerBtion Abha- Donacbghngy Mms Cricket Club A*ha- Ballymaca5h Sp(x Aczdemy (PR) Alpha - Li8bum BMX Club Alp￿ - Palrtck sgr$f￿ld GAC (PR) AWM. Bu91ife 41.930 38.194 137HKI) 30.nB 60.694 (30389) ($0,5n) (491) (41,103) 339 (539) 51.(Ul 9,897 61,(MXI 51.IXX) (491) (50.521) (1.283) (442) 50,509 442 24.961 24,961 1QZ89 {10,000) <431) (804) (431) {4611 10.000 -42- GROUNDWORK NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 MARCH 2023 18 R4•tr1cl•d Funds ICoTrtlnu•d) pha. Carfp*8 RFC Al>ha- Drcwnote RFC )ha- Gle￿e C(xMmunlty Gro ha- Hearth Hl8t(¥k Buildin9 Trust Alpha - Hlltsberfough Presbyte￿￿ Church Alpha- Knockbreda PlrflhcKllst Chufch Alpha- Lagan Val* Youth & Communty Group Atrha- RUC Athl•tlcA$8tt*ti ha- St Micha8f8Amateur Boxhg Club ha - Cllftonvllb A￿dery Crlck•l Club pha - Beknt Celtlc CIC Afy>ha - 8gllymac•$h Swli Acadamy Alpha- Hol>ryvo(xl Cf*J(et C Alpha- Lisbum 8MX Club A￿ha- Patrick Sorsfiokl GAC Atyha- Colin Valhy FC ha- Pr￿131 Grand Lodge Anlrim A¥)ha- Shonkill Lufgan Communrty ha - SprfngvBle Tralning A4>ha - Easl Belfast Mi88ion A¥>ha - School Tenn* Pr*ct Alpha - Wa*e High School Aughrirn Lwdfill Tax Aughdm -AdVanta￿ FcAJndaOon Auohrfm- D￿m￿ra Vllage FC Aughrfm- Lt8nagaN8y Hockey Club Aughrim - Clty of RFC Aughrim - C19enlSh Communty (25.032) 1511) 4.238 13.919) 319 26,000 (25,475) 525 26,1))) (20,110) S,8￿* 3.488 (3.488) 28,000 5.786 (285 (72) 26.715 5.714 5,361 (5,351) 1,028 25,471 {1,028> 6,471) 50,1 51.( so.ooo so,000 61,000 (50,000) (4.398) (495) 25,305 25.8 (443) 25,357 25.8￿) 25.152 26.84X) (391) (391) (469) 25,409 24,781 25.331 8.817 4.193 108,301 18.817) (4.193) 38,913 (18,&Sn (1.558) 128,857 7.713 7,713 7.525 700 (7.525) (6.7tM)) 6,450 10.744 10,750 (8.450) (10.744) Auyhrim - f*omard GAC A￿￿hriffl - Li*burn Scout3 hrim - Salnffield C¢Jmmunity Tru8t Aughrfm - N• Magha CLQ Au9hrm - Lisbum BMX Aughrim . Cregagh Sports Ctyjb Au9hrlm - Shankill Lur9an Communty Prr4fAs Aughrim - ￿￿Or FC 10.750 10,750 10.750 5,473 2.134 (e8) (10,682) 10.750 {5.473) 12,134) 9,2 (9209) -43- GROUNDWORK NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 18 R•strlcl•d F￿mIS (Contlnu•d ALyh(fim. Bemgh Swlfts A￿JhI1rn- Larne FC Aughrim. PatrKk Sar8fi8ld Aughrim- COA (Ythvye Aughrim - Cwe United FC Augh￿M - D8ry9Mnetty H•rp8 GFC Aughrlm- Hlllsborough Pmbylertw Church Aughrlm- Bu5hfoot Goll Club Aughrim- Gly0￿ Racln9 Pigocin Socl•ty Aughrirn- Powered ty Sport (Love Hothey) Aughrim - Olderneel R￿lI¥j Club Aughrlm-1rf6h Footho11 N8tArrk AugMm- Sliav• Gdllon Coff*r￿nIty Pr•-8chool ES8 Wlndfarm ES8 Curyyfr 11,028 11,IY13 11.072 11.072 6,536 <11,028) (323) (10.858) (11,072) (5,536) 10,750 214 11,072 (322) 10,760 11,072 11,072 (10.322) ¢322) 10,750 11,072 (322) 10,750 10.829 (309) 10.320 11,072 9,036 (10,322) 750 .Tf2 9,141 110,688 8,875 88,369 (5.142) oi,e56) (21￿58) {17.546) (20,523) 112,845) {11.785) 16.545 (4.954) 3.023 (8.480) (4,716) ESS Grc¥*agarran ESB Crockdun ESB Eg118h 17,500 23,978 22,£ 2.871 8.405 1.359.818 (936.926) gV2,4 COIIWNITY (5,352 500 2,130 2,666 7.42e 9,880 44,690 41,546 53.683 P,074) (10.180) (44,518) (44.112) (53,863) Wallias kn the Wood Meanwhlle Gardens 7 2.242 Mens Shed 7 Brothers of St Patrlck Cullwal Dlv8rsty DunGaim Gardens TerKAI Communty Fund Tomorrnrf8 Leadorn Young 1,750 879 323.4(Y) 1.750 879 319,550 (3.850) (20.346) (22.050) (387,584) (15.874) 120,814) (104,4e6) (1,203) (831) (608) (1.456) 20,346 22.050 Greener Horfzon8 I￿ld• O Start Here Beacons ARCS 387,584 37.637 28,C•JO I￿,466 21.763 7,186 750 (81) Cl8nmM Housing A8$￿#all)n Embrace Your Spa Northem Allotrnent8 15,2 13,743 970 GROUNDWORK NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 18 Reslrfctad Fund• Contlnu•rfl Mena Shthl8 9.716 9.716 347.923 788,485 [133.689) 382.719 FIXEDASSEf3 Ulst•r Gard•n IniioBes 16,152 (4,848) 10,304 15.152 (4,848> 10,304 Total R￿1￿C•d Incom? 1,712,893 1MS8.089 {1,676,463> lJ85,519 Each r••lrktsd lund type can b• further d••Grlbèd i• follow•: Educatlon Gr¢undwtxk Nl work4 In school• and wlth adults lo Nluitrat• how indmdual aclions can make a blg dEff•ren￿ to immediate surrr Fwle Iving Ihero, The Twst provKles trAining and support to h•lp get people more invofved in mokkng dectsiDns It￿J1 Uiey Ihie 8nd lo ￿n￿land th• hneills that ¥u¥tsSnable dev8b￿8￿rt can bring to thelr Ih88. Groundwrnrk Nl Commurwty Gardenefs teach loeAI (¥nmxrfg9 hw to gr(M and rJ)ok they owm food, therety InsF4rfng 0¢￿t and ¢hlTdr•n al￿$ to eat morè h•althlly. GROUNDWORK NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR EAIDED 31 MARCH 2023 19 An•tysls of n•t ••*ets betweeft fvnd• Unrnstricted R••trlcled fundg fi•nd• 2023 2023 Total Unrethaed R•&trlct•d funds 2022 2023 2022 2022 Fund balance6 at 31 Marox 2023 are rewesented by.. T•wdftrA8 a88et8 Current assetsllliabilltleb) L￿9 t•mi Ilabi151i 1 $2.927 329.854 482,781 185.e27 1,055.885 1,221.292 (11.856 (11,850) 161.984 338,$52 51JO,536 1f2.399 1,384,341 1,576,740 (13.824) 113.824) Xfj,698 1.385.519 1.812,217 340.559 1,722,893 2,063.452 20 R•l•ted trnn•actlon• Tran￿00￿ wlth rnht•d partl•• Oudng the year the entered Inlo the tr&nsactlon3 wllh relat•d parU•&.' Sale of •ervleeB to rnlatsd rty 2023 2022 Qlh•r r•lAtsd wdeB 21.1198 21.Qg8 <3rnundwork Northem Ir•l8nd h a m•n*•i of Iho Foderntlon of GrounthéKth TN•t8 whKh 18 W0￿1ng wllh partneto to Improve the quality ol the knal environment, the Ilve3 Ot local peopl• •nd lh• succ•M kn¢al buginess85 kn areas In n••d of hv•stm•nt and 8UPPOrt. Ea¢h rnomb•r trust h41 ilB IxpaTd of truBtees and supportod by lh8 nalional and re9K>￿ of Federatlon of Groundworf( Trusts, The Fedoratkn of G￿￿ch¥Ork Trusti Is ellglblg to ha￿ a nornln818d tnAl•• on th• board of th• chirtty. No tnistae or ath•r per8¢n r¢l•W lo Ihe chwlty had •ny p•rnon•l Intor•st In any ojntrad ow trdn6ac •ntsrwJ Inlo by th? charlty In the yeaT.12022: NI) -48- GROUNDWORK NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 22 Cash genernt•d from 0￿ratIO 2023 2022 DrfKII ye8r C371,234) (18Q514) Adfvstn*nts tr. Inv•&tmonl Inc(wM racognlsed In Glalement of financaal 8cthMI Dèpra(4ation WKI knylrm•nt of Iinglbla ffxod a86ets (17.13n 17.752 (1,422) 17,763 Mav•m•nt8 In worklng caplal: Decrea2èIOncz￿> In stodrs (In￿ease￿decreaGa In deblors (Decreaseylnf3ea80 In 1.902 (10,340) {130,938) (6,336) 8.047 108.922 C••h •b•orb•d by ¢p•rntion• {610,295) (81,660) -47-