The Big House (Ireland) Statement of Financial Actfivities Ilncluding Summary Income and Expenditure Account) for the year ended 31 January 2024 Unrestricted Restricted Funds Funds Year Tolal Year Tolal 2024 2024 2024 2023 Income from: Charitable activities Other income Interest rcceived Donation income Notes 71,285 10,680 81.965 111,341 177 73,242 177 92,867 124 52,840 19,625 Total income 144,704 -10.305 175,009 164,305 Expenditure on: Charitable activitie.s (164,400) (26,208) (190,608) (141,883) Tolal expenditure { 164,400) {26,208) ( L 90,608) (141,883) Net income before transfers (19,696) 4,097 (15,.599) 22,422 Transfer between funds Nel Incomlng resources (19,696) 4,097 (15,599) 22,422 Fund balances brought forward 57,481 3.36,147 393,628 371,206 Fund balances carried forward 37,785 340,244 378.029 393,628 All of the above resu115 are derived from coiitinuing aclivitie5.All gain5 and loss¢s recognised in the year are included above. The notes on pages 10 to 14 form an integral part of these financial statements. Page 7 The Big House (Ireland) Balance sheet as at 31 January 2024 2024 2023 Notes Fixed assets Taiigible assets 547,966 520,832 Current assets Debtors Cash at bank and in hand 980 5.3,177 805 106,947 54,157 107,752 Creditors: amounts falling due within one year (955) (955) Net current assets 53,202 106,797 Tolal assets less current liabilities Creditors: amounts falling due after more than one year 601,168 627,629 (223,139) (234.001) Net assets 378,029 393,628 Capital and reserves Uiircsiricled fuiids Re%lriclcd funds 37,7l15 340,244 57,481 -336,147 General funds 378,029 .393,628 The notes on pages 10 to 14 form an integral part of these fjnancial statements. Page 8 The Big House (Ireland) Balance sheet (continued) for the year ended 31 January 2024 For the year ending 31 January 2024 Ihe compaiiy was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities.. (a) The members have iioi required the company to obtain an audit of ils accounts for the year iii question in accordaiice with sectioii 476. {b) The directors acknowledge Iheir re%poiisibililies for complying wilh the requirements of the Acl with respect to accouiiling record4 and the preparation of accounts. The finaiicial 51atemeiits were approved by the Board on 27 May 2024 and signed on ils behalf by Director Registration number N1067915 The notes on pages 10 to 14 form an integral part of these financial statements. Page 9 The Big House (Ireland) Notes to the financial statements for the year ended 31 January 2024 Accounting policies 1.1. Basis of preparation The charity conslituies a public bcncfil eniity as defined by FRS 102. The accounts have been prepared in accordance with the accounting policies to the acci)unts and comply with the charily's governing document. Ihe Charities Act (Northern Ireland) 2008 and 'Accouniing aiid Reporting by Charities.. Statemelll of Recommended Practice applicable lo charilic5 preparing their accounts iii aLc()rdancc with the Finaiicial Reporliiig Standard applicable iii the UK wid Republic of Ireland publishcd in October 2019".) The financial sl£tlemcnls arc. prcpared on a going coiicerii basis under the historical cost coiiveiition, modified t() iiiclude certain ilenis at fair value. The fin￿]CIal slalements are prep£tred in sterling which is rhe funcli()nal curreiicy of the Lh follows.. Fixtures and filtings 25% reducing balance 1,3, Fund Accounting Unrc.8¢rictcd funds are availablc for usc at Ihe discretion of the Irustees in furtherance of the gciieral objcctives of the Lharily. Designalcd fuiids are unrestricted fund5 earmarked by the dfireclors for particular purposes. Restriclcd funds are subjeLted lo reslriclions on their expenditure imposed by the donor or through the ierin5 Ot an appcal Page 10 The Big House (Ireland) Notes to the financial statements for the year ended 31 January 2024 continued 1.4. Resources Incoming resources All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amouni can be quantified with reasonable accuracy. Doiiaiions are includcd as income wheii they are received. No amount5 are included in Ihc financial slalemenls for services doiiated by voluiiieers. Resources expended All expeiidilure is dccounted for on an accruals ba8i.s and has been classified under headlligs that aggregate all c()slS relatiiig to Ihe category. Where costs caiinoi be directly attribuled to particular headings Ihey have been allocaied lo activities on a basis consislent with use of the resources. 2, Income from charitable activities Unreslrlcted 2024 Restricted Total 2024 2024 Total 2023 House-Fundraisiiig House-Allchurches Tru51 Grants Oih¢r Stralcgic Development The Listeiiiiig Spac¢ Halifax Tnjst General - Trust Fundiiig 680 680 1,622 20.000 40,698 7,579 11,442 42,675 5,000 47,675 2,110 2,110 5,000 26.500 5,(X)O 26,500 30,000 71,285 10,680 81,965 111,341 3. Donatlon Income Unrestrlcted Restricted Total 2024 2024 2024 Total 2023 General - Gift Aid General -Group Donations Gcneral -IndividuaL Donations House- Donations Mountsandel Christian Fellowship Joy of Generosity 13,065 5.190 5,706 13,065 5,190 5,706 19.625 2,000 47,281 13,187 4,156 5,665 24,232 19,625 2.000 47,281 5,600 73,242 19,625 92,867 52,840 Page 11 The Big House (Irelandl Notes to the financial statements for the year ended 31 January 2024 continued Unrestricted 2024 Restricted Tolal 2024 2024 Tolal 2023 Total resources expended Costs directly allocated to charitable activities Siaff Losts Programme cosls Insurance Office and administralion ¢osls Adverlising and promotional costs Telephone Travclling and Iraiiiing cos15 Lcgal and profc4%ional fee Indcpendanl examiner tee Bank fecs Loan interest Suiidry expenses DepreLialioii 113,607 6,248 91,690 2,715 2,849 9,346 1,109 708 5,474 14,456 955 79 9,579 2,040 8,288 9,506 890 557 4,607 3,990 780 84 13,940 1,738 5,053 9,506 890 557 4,607 28,158 780 84 13,940 1,738 5,053 24,168 2,923 164,400 26,208 190,608 141,883 Taxation No liability to UK corporatioii lax aris¢s on ordinary aclivLties for the year. The Company is a regist¢rcd charity . Page 12 The BAg House (Ireland) Notes to the finaneial statements for the year ended 31 January 2024 coDlinued Fixtures, Freehold fitttngs and property equipmenl Tangible fixed a￿ets Total Cost At l February 2023 Additioiis 512,063 20,745 19,599 11,442 531,662 32,187 At 31 JanU￿Y 2024 532,808 .31,041 563,849 Depreciation Ai l February 2023 Charge for the year 10,830 5,05_ Al I l JanuaJy 2024 15,883 Net book values At 31 January 2024 532,808 15,158 547,966 At 31 January 2023 512,063 8,769 520,832 Debtors 2024 2023 Debtors and prepaymcnts 980 805 Credltors: amounts falling due Ivithin one year 2024 2023 Accruals 955 955 Creditors: amounts falling due after more than one year 2024 2023 Mortgage Inierest free loan5 202,139 21,000 21.3,001 21,000 223,139 234,001 Page 13 The Big House (Ireland) Notes to the financial statements for the year ended 31 January 2024 continued Unrestrlcted Restricted reserve fund io. Analysis of net assets between funds reserve fund Total Fund Balances at 31 January 2024 represented by: Taiigible fixed assels Current assets Liabililies 35.903 547,966 4,122 54,157 (2,240) {221,854) {224,094) 512,063 Total net assels 37,785 340,244 378,029 Page 14