Charity registration number NIC100063
Company registration number N1042702 (Northem Ireland)
STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR ThE YEAR ENDED 31 MARCH 2023

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
CONTENTS
Page
Charity Information
Trustees. report
Independent examinerfs report
ststement of financi￿ activities
Balance sheet
10
Notes to the financial statements
11-22

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Patricia Anne Simpson (Chair)
Rebecca Lovell (Vice Chair)
Josh Willis rfreasurer)
Rachael Ferguson (Se(xetary)
Hester Clarke
Elizabeth Dixon
Carla Linton
(Appointed 6 July 2022)
(Appointed 6 July 2022)
(Appointed 12 Odober 2023)
Secretary
Rachael Ferguson
Charity number
NIC101)063
Company number
N1042702
Registered office
12 Bawnmore Place
Strathfoyle
Dery-Londondery
BT47 6XP
Independent examiner
Moore (Nl) LLP
21r23 Clarendon Street
DerylLondondery
BT48 7EP
Bankers
Bank of Ireland
27 Culfflore Road
Londonde
BT48 8JB

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2023
The trustees present their annual report and financial statements for the year ended 31 March 2023.
The finan￿al statements have been prepared in accordance with the accounting poli￿eS set out in note 1 to the
financial statements and comply with the charity's goveming document. the CoTnpanies Act 2006 and "Accounting and
Reporting by Charities= Statement of Recommended Practice applicable to charities preparing their accounts in
accordan￿ with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) {effective 1
January 2019)"
Objectives and activities
The objects of the charity as stated in the Memorandum of Association are to relieve povety. to advan¢e education
and Ihe preservation and protection of health specifically, but not exclusively. among women residing in the Strathfoyle
and rural Dery areas and their environs by and in particular.
associating the ststutory authorities. cornmunrty and voluntsry organisations and the inhabitants in a common
effort to advance education, and to provide faciltties in the interests of soual welfare for recreation or other
leisure time occupation wtth the object of improving the conditions of life for the said inhabitants;
the advancement of education, training or retraining, particularty among unemployed people, and providing
unemployed peopl8 Wlth work experience;
the maintenance. improvement or provision of public amenities;
the provision of assistance in the provision of recreational faolities for the public at large andlor those who, by
reasons of their yOLrth, age. infirmity or disablement. poverty or social and economic ¢ircumstances, have
need of such facilities;
the provision of public health facilbties and thildcare.
Our mission Is to provide high qualty individual, famity and community support for people living in the Strathfoyle area.
Central to Ihis is the provision of a range of education and training opportunities, tailored in response to need and
SUPPOrted wf(h high quality childcare. We also seek to influence and encourage other agencies to address social and
economic needs and other specific issues facing the community. We prioritise working in partnership wilh others to
achieve our strategic aims. We review our aims. objectives and aciivities eath year to ensure that they remain
focused on their stated purposes.
We provide a wide and varied program of aclivstses and events to enable women to access opportunities for learning
and development in a flexible and supportive environment. We prowde childcare focused on the needs of the child,
taking a¢count of the needs of women from a wide range of backgrounds and experiences. We work in partnership
with women's organisations and other agencies in the North West, at a regional lèvel and beyond, to influence positive
change in the field of women's equality, leaming and development.
At Strathfoyle Women's Activty Group we aim to:
Educate
Working with local organisations and individuals. we provide educational facilitses so that all our stakeholders have an
equal opportunity to develop their full potential.
Support
We provide individual. family and community support to our stakeholders, offering the opportunty to make a brighter
fLrture for themselves and their children.
Develop Partnerships
We work together wilh a wide range of gTOUP5 to maximise our abilrty to realise our mission.
Deliver Quality
We aim to deliver Se￿iceS that are of the highest qualty, that are well planned and managed. We aim to be effective,
efficient and accountable in all our work.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what actimties the
charity should undertake.

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Achievements and performance
During 2022123 we delivered 25 capaaty building education & training programmes to 296 partictpants and provided
90 childcare places each week. We also..
Delivered a series of training programs implemented for staff. volunteers & board of directors.
Facilitated Creative Crafts
Facililaled an Anxiety Management with CBT Programrne
Facilitated 2 Positive Ageing Programme to women aged 55+ one on a Monday and one on a Tuesday,
offering Social Interaction Crafts, AmithairAefobics and Holistic Therapies.
Facililated Cook it ltsvice)
Facilitated Yoga and Mindfulne5S
Facilitated Nurturing (twice)
Facilitated Art
Facilitated Baby Massage
Facilitated Baby Yoga
Facilitated Baby Swim
Facilitated Toddler Swim
Facilitated Incredible Years programme
Facilitated the MAS Programme
Provided a Drop-in Respite Program for Families wtth additional needs
Provided a weekfy Jo Jingles Music & Movement program for young children & their parentslcarers.
Provided 2 Weekty Sessions of Stay and Play
Provided 1 Weekly Session of the Play Programm8
Worked strategically with other women's centres and groups to develop a Regional Infrastructure.
Contributed to consultations, extemal bodies and agencies on social economic and communty development
issues.
Worked with other agencies to f05ter social and economic developmenL
Worked in Partnership with Local Communty Groups.
Facilitated Mindfulness pro9rammes
Facilitated Know, Grow Flow
Facilitaled One to One Counselling
Facilitated Crodiet
Facilitated Managing Challenging Behaviour
Facilitated Pediatric First Aid
Facilitated Emergency FirstAid
Facilttated Understanding Auiisrn
One to One Parenting
We have also offered Creche for Courses and a Dropin Resptte Creche. We also offer a Parent and Child Together
Programme which incorporates."
Slay and Play
Home Play (During Covid19 Pandemic)
Jo Jingles
Laughter Yoga
Multisensory Activities
Trips
Fun Time Early Movefs
Financial review
The tharÉty retained the continued support of its funders during 2022123. Tolal income for the year was £244,295 of
which £219,613 was generated from grant funding bodies and £24,682 from donations, course contributions and GP
counselling serwces. Total expenditure by the charity was £244.132 all of whith was spent on direct charitable
activttses. The balance on total fiJnds at the year*nd was £124,073, of which £22.475 were restricted and £26.719
were general unrestricted funds. Wrthin unrestricted funds, £74.879 has been sel aside as designated funds relating
to expenditure incurred on tangible fixed assets.
Reserves policy
The Trustees consider tt prudent to hold monies in reserve in the event that unforeseen circumstances should lead to
financial difficulties which might put the future of rts employment capauty. users, well-being and general charitable
work in jeopardy.

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
The Trustees have examined the charity's requirements for reserves in light of the main risks to the organisation and
established a fomal policy which stipulates that free reserves be maintained at a level which ensures that the charity's
core actlvlty could continue during a period of unforeseen difficulty. Free reserves are definèd by the Trustees as
unrestricted income funds freely available for use as the charity so determines and thereby exdudes any funds
committed, invested in tsngible fixed assets held by the charity and restricted or designated funds.
The Trustees, policy is that the amount of free reserves should reflect three months, of operating costs. The Trustees
onsider that reserves al this level will ensure that in the event in a signffi¢3nt drop in funding. they will be able to
continue the charity's cu￿ent actiwbes whilst consideration is given to ways in which additional funds may be raised.
The Trustees, assess that three month's of operating costs amounts to approximately £55.000. Free reserves as at
31 st March 2023 are £19,831. The Trustees continue to strive to build a general level of rese￿eS in accordance with
their policy so thal they will be able to continue the current activities of the charity- In the short teTh, the TNstees have
also considered th8 extent to whieh existing activities and expenditure should be curtailed, should circumstance5
arise.
Risk Management
The Trustees are aware of the major risks to which the tharity is exposed. Where appropriate, systems or procedures
have been estsblished to mitigate the risks the charrty fa￿s. Internal control risks are minimised through the
procedures for authorisalion of all transactions and projects. Procedures are periodically reviewed to ensure thal they
continue to meet the needs of the charity. Procedures are also in place to ensure ¢ompliance with health and safety of
staff, volunteers and clients. The Trustees have assessed the major risks to which the charity is exposed, and a
satisfied that systems are in plao to mitigate exposure to the major risks.
Plans forthè future
Strathfoyle Women's Activity Group Ltd, was established in Juty 1986. aims lo relieve povety, to advance educatlonal
opportunities and lo provide better heahh and welfare through the provision the provision of faalities and activities for
women, lone parents and pre-school children of Strathfoyle and Maydown.. Our project is designed to empower
individuals while building their capa￿ty lo enable them lo participate in training events and development activities and
health events. The long-tem outcome being that their self-esteem, self awareness and confidence is raised
equipping them to become reintegrated into Ihe labour market. also in doing this we aim to break down the barriers to
participation, i.e. Crèche facilities being available for all day-time activities to enable women to participate. We offer
accredited and non-accredited programmes and offer services such as personal and professional development
leading to a rise in self-esteem, sell awareness and conffidence which often is the first step to empowemient.
structure. governance and management
Governing document
Strathfoyle Women's Actiwty Group is a company limited by guarantee and accepted as charitable by HMRC under
referènce XR1520211. The company was incorporated on 14th March 2002. The company was established under a
Memorandum of Association which established the objects and powers of the company. and is govemed by it5 Articles
of Association. The liability of members is limited in that every member of the ￿fflpanY undertakes to contribute an
amount nol exceeding £1 in the event ofthe company being wound up.

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
The trustees. who are also the directors for the purpose of company law, and who serrfed during the year and up to
the date of signature of the finanGial ststements were:
Patricia Anne Simpson (Chair)
Bronagh McElhill (Vice Chair)
Yvonne Mitchell (Treasurer)
Rebecca Lovell Ivice Chair)
Josh Willis (Treasurer)
Rachael Ferguson (Secretary)
Hester Clarke
Elizabeth Dixon
Carlanne Young
Holli Collins
Catherine Quinn
Stephanie Meenan
Trevor Curran
Carfa Linton
Angela Bradley
(Resigned 10 July 2023)
(Resigned 10 July 2023)
(Appointed 6 July 2022)
(Appointed 6 July 2022)
(Resigned 10 July 2023)
(Resigned 10 Juty 2023)
(Resigned 2 August 2023)
(Resigned 10 July 2023)
(Resigned 1 August 2023)
(Appointed 12 October 2023)
{Resigned 10 July 2023)
Recrultment and appolntment of the Trustee5
All members of the board shall retire annually but shall be eligible for election or appointment again. Noffllnations from
members of the group for membership of the board must be in writing and must be in the hands of the designatad
officer at least seven days before the AGM.
Under the requirements of the Memorandum and Artides of Association unless otherlvise determined by the company
In General Meeting the number of Trustees shall not be less than four. Trustees are elected to serve only until the nexl
Annual General Meeting al which they shall then be eligible for re-election. All members of the Board of Trustee5 give
their time voluntarily and re￿iVed no benefrts from the charity.
Organisation Structure
The charity is administèred by a Board of Trustees who are responsible for the strategic direction and policy of the
company. Board members are from a variety of professional backgrounds relevant to the work of the charity. The
board as a whole was approved by the AGM and continues to monitor it5 rnembership. The Board has appointed
management team to manage the day to day operations of the charity.

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Statement of trustees. responsibilities
The trustees, who are also the diredors of Strathfoyle Women's Activity Group Ltd for the purpose of company law,
are responsible for preparing the Trustees. Report and the financial slatements in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the trustees to prepare financ4al statements for each financial year which give a true and fair
view of the state of affairs of the charity and of the incoming resources and application of resources, including the
income and expenditure, of the charitable company for that year.
In preparing these finanual statements, the trustees are required to:
select suitable accounting policies and then apply them consistentty:
- observe the methods and principles in the Charities SORP.,
- make judgements and estimates that a￿ reasonable and prudent:
state whether applicable UK Accounting Standards have been followed. subject to any material departu￿$ disclosed
and explained in the financial statements- and
prepare the financial ststements on the going concem basis unless it is inappropriate to presume that the charity will
continue in operation.
The trustees are responsible for keeping adequate accounting records that disdose wtth reasonable accuracy at any
time the financial position of the charty and enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees, report was approved by the Board of Trustees.
Patricia Anne Simpson (Chair)
Trustee
Dated: 31 January 2024

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
We report on the accounts of the charity for the year ended 31 March 2023, which are set out on pages 8 to 22.
Respective responsibilities of trustees and examiner
The trustees. who are a150 the directors of Strathfoyle Women's Activty Group Ltd for the purposes of company
law, are responsible for the preparation of the accounts in accordance with the reqU1￿MentS of the Companies
Act 2006.
Hawng satisfied ourselves that the chartty is not subjert to audil under company law, and is eligible for
independent examination, it is our responsibility lo:
examine the a¢¢ounts under section 65 of the Charities A
(li) follow the procedures laid down in the general directions gNen by the Charity Commission for Northem
Ireland under section 65(9)(b) of the Charities Act
(iii) stste whether particular matters have come to our attention.
Basis of independent examinerfs report
We have examined your charity accounts as required under section 65 of the Charities AGt and our examination
was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland
under section 65(9){b) of the Charities ACL The exarnination induded a review of the accounting records kept by
Ihe charty and a comparison of the accounts presented with those records. It also included consideration of any
unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees ¢onceming
any such matters.
Our role is to state whether any material matters have come to our attention gimng us cause to believe:
1. That accounting records were not kept in accordance with section 386 of the Cornpanies Act 2006
2. That the accounts do not accord with those accounting records
3. That the accounts do not comply wilh the accounting requirements of sedion 396 of the Companies Act 2006
and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities
preparing their accounts in aGGordance with the Financial Reporting Stsndard applicable in the UK and Republic
ol Ireland
4. That there is further infomiation needed for a proper understanding of the accounts to be reached.
Independent examlnerfs statement
We can confinn thal we are qualified to undertake the examination bec2use we a￿ regIste￿d members of
Chartered Accountants Ireland which is one of the listed bodies.
We have completed our examination and have no concems in respect of any of the matters (1) - (4) listed above
and, in connection with following ihe Directions of the Charity Commission for Northem Ireland, we have found no
other matters that require drawing to your attention.
Moore {Nl) LLP
21123 Clarendon Street
DerrylLandonderry
BT48 7EP
Dated: 31 January 2024

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
Current financial year
Unrestricted Unrestricted Restricted
funds
funds
funds
general designated
2023
2023
Totsl
Total
2023
2023
2022
Notrs
Income from..
Donations and legacies
Char¢table activities
Investments
7,266
17,414
13
7,255
237,027
13
4.266
192,649
219,613
Totsl income
24,682
219,613
244.295
196,917
Ex enditure on:
Charitsble activttses
21.106
2.708
220,318
244,132
199,203
Net Incomingl(outgolng) resou￿￿ beforn
trdnsfers
3,576
12,708)
1705)
163
(2,286)
Gros5 transfers between funds
(9131
913
Net incomel(expenditure) for the yearl
Net movement in funds
2,663
12,708)
208
163
(2,286)
Fund balances at 1 April 2022
24,056
77,587
22,267
123,910
126,196
Fund balances at 31 March 2023
26,719
74,879
22,475
124,073
123,910
The statement of financial activities indudes all gains and losses recognised in the year.
All income and expenditure derive from continuing aGttvities.
The statement of financial activities also complies wtth the requirements for an income and expenditure account
under the Companies Act 2006.

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
Prior financial year
Unrestricted Unrestricted Restrtcted
fiinds
funds
funds
general designated
2022
2022
Totsl
2022
2022
Notes
Income from:
Donations and legacies
Charitable activities
Investments
4,266
9,088
4,266
192,649
183,561
Total income
13,356
183,561
196,917
enditure on:
Charitable activities
11,372
2,708
185,123
199,203
Net incomingl{outgoing) resources before transfers
1,984
12,708)
(1.562
{2.286)
Gross transfers between fvnds
429
1429)
Net incomel(expendlturel for the yearl
Net movement in funds
2,413
12,708)
11,991)
(2,2861
Fund balances at 1 April 2021
21,643
80,295
24,258
126,196
Fund balances at 31 March 2022
24,056
77,587
22.267
123,910

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
BALANCE SHEET
AS AT31 MARCH 2023
2023
2022
Notes
Fixed assets
Tangible assets
11
81,767
84,680
Current assets
Debtors
Cash at bank and in hand
12
34.754
22.S97
10,828
33,339
57.351
44,167
Creditors: amounts falling due within
one year
13
115.045)
(4,93T)
Net current assets
42.306
39,230
Total assets less current liabilities
124,073
123,910
Income funds
Restricted funds
nrestricted fv
Designated funds
General unrestricted fijnds
16
22,475
22,267
17
74,879
26.719
77,587
24,056
101,598
101,643
124,073
123,910
The company is entitled to the exemption from the audit requ1￿ment contained in section 477 of the Companies Act
2006, for the year ended 31 March 2023.
The directors acknowledge their responsibilities for comptying with the requirements of the Companies Act 2006
with respect to accounting records and the preparation of financial statements.
The members have not required the Company to obtain an audit of its financial statements for the year in quèstion in
accordance with section 476.
These financial statements have been prepared in accordance with the provtsions applicable to companies subject
to the small companies regime.
The financial ststements were approved by the Trustees on 31 J
uary 2024
C47
Patricia Anne Simpson (ch￿r)
Trustee
Rachael Ferguson
Trustee
ecretary)
Company registration number N1042702
10-

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policies
Charity infomiation
Strathfoyle Women's Activty Group Ltd is a private company limited by guarantee incorporated in Northern
Ireland. The registered office is 12 Bawnmore Place, Strathfoyle. Dery-Londonderry, BT47 6XP.
1.1 Accounting convention
The financial statemènts have been prepared in accordan￿ with the charity's governing document, the
Companies Act 2006 and 'Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to tharities preparing their accounls in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)" The charity is a Public
Benefit Entty as deffined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin
1 not to prepare a Ststement of Cash Flows.
Th8 financial ststements are prepared in sterling, which is the functional currency of the charity. Monetsry
amounts in these ffinanaal statements are rounded to the nearest £.
The financial ststements have been prepared under the historical cost wnvention. The principal accounting
policies adopted are set out below.
1.2 Going concern
At the time of approwng the financial statements, the trustees have a reasonable expectatlon that the charity
ha5 adequale resources to continue in operational exislence for the foreseeable future. Thus the tru5tee5
contlnue to adopt the going concem basis of accounting in preparing the finan¢ral statements.
1.3 Charitable funds
Unrestricted fvnds are available for use at the disuetion of the trustees in furtherance of their charitable
objectives.
Designated funds are unrestricted funds of the charity whlcli the trustees have decided at their discretion to
set aside for use for a specific purpose.
Restricted funds are subject to specifi¢ condttions by donors as to how they may be used. The purposes and
uses of the restricted fvnds are set out in the notes to the financial ststements.
1.4 Income
Income is recognised when the charty is legally entitled to it after any performance conditions have been met,
the amoLFnts can be measured reliably. and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless perfornian￿ condttions requi￿ deferral of the amount. Income tax recoverable in
relation to donations received under GIft￿d or deeds of covenant is re¢ognised at the time of the donation.
Legacies are recogni5ed on receipt or otherwise rf the tharity has been notified of an impending distribution,
the amount is known, and receipt is expectsd. If the amount Is not known, the legacy is treated as a
contingent asset.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, tt
is probable that settlement will be required and the amount of the obligation can be measured reliably.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incu￿ed.
11

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
AcGounting policies
(Continued)
Expenditure on charitable aclivitses indudes the costs of services undertaken to further the purposes of the
charity and their associated support costs. Support costs are those functions that assist the work of the chartty
but do not direcliy undertake charitable activities.
1.6 Tangible fixed assets
Tangible fixed assets are inttially measured at cost and subsequently measured at cost or valuation, net of
depreaation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
usefvl lives on the following bases-
Freehold land and buildings
Office equipment
Computers
20h per annum straight line
20.fi per annum straight line
20% per annum straight line
The gain or loss arising on the disposal of an asset is detemined as the differeno be￿een the sale proceeds
and the carying value of the asset. and 15 recognised in the statement of financial a¢tivities.
1.7 Impalmient of fixed assets
At each reporting end date. the charity reviews the carying amounts of Its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the extenl of the impairment
loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand. depostts held at call with banks. other short-tem liquid
investments wilh original maturtties of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in Current liabiltties.
1.9 Financtal instruments
The charty has elected to apply the prowsions of Section 11 '8asic Financial Instruments. and Section 12
'Other Financial Instruments Issue5, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charrtys balance sheet when the charity becoffles party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial ststements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settie on a net
basis or to realise the asset and settte the liability simultaneously.
Inancial assets
Basic financial assets, which indude debtors and cash and bank balances, are initialty measured at
transaction price induding transaction costs and are Subsequently carried at amortised cost using the effective
inlerest method unless the arrangement constitutes a financsng iransaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
dassiFied as receivable within one year are not arnortised.
12-

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policies
(Continued)
Baslc financlal liabilities
Basic financial liabiltlies. induding creditors and bank Soans are initialty recognised at transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the pre5enl
value of the future payments discounted al a market rate of interesL Financial liabilities classified as payable
within one year are nol amortised.
Debt instruments are subsequently carried at amortised cost. using the effective interest rate method.
Trade credttors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are dassified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interesl method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charitls contractual obligations expire or are dis¢harg8d or
cancelled.
1.10 Taxation
The company is a charity and is Tecognised as such by HM Revenue and Customs under the charity tax
reference XR1520211. As a resuh, there is no liabilty to taxalion on any of its income.
1.11 Employee benefits
The cost of any unused holiday enlitlement is recognised in the period in which the employee's servicos are
received.
Temination beneffts are recognised immediately as an expense when the charity is demonstrably committed
to temiinate the employment of an employee or to provide lemiination beneffts.
1.12 Retirement benefits
Payments to defined contribution retirement benefft schemes are tharged a5 an expense as they fall due.
Crltical accounting estimats5 and judgements
In the application of the chaiitys accounting policies, the trustees are required to make judgements, estimates
and assumptions about the carying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are Considered to be relevant. Actual results may drffer from these estimates.
The estimates and underfying assumpts.ons are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and futu￿ periods where the revision affects both current and fvture
periods.
Donations and legacies
Unrestricted Unrestricted
funds
funds
general
general
2023
2022
Donations and gifts
7,255
4,266
13-

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Charitable activities
2023
2022
GP counselling servi￿5
Matemal advocaGy SUPPOrt serwces
Grant fvnding
13,509
3,905
219,613
6,912
2,176
183.561
237,027
192,649
Analysis by fund
Unrestricted funds - general
Restricted funds
17,414
219.613
9,088
183,581
237,027
192,649
Grant funding
Dept for Social Development- CIF
Dept for Social Development- WCCF
BBC Children in Need
NI Housing Executive- SPOD
Garfeld Weslon
The Ireland Funds
Derry City & Strabane District Council
RAPID
Pathway Fund
Halifax Foundation
John Moores Foundation
Keadue Community Grants Fund
The Nalional Lottery Community Fund
The Steele Charitable Trust
Other
61.S53
13,946
30,106
18,005
10,000
65,117
13,244
29,606
18,012
4,248
5,785
3,750
27,000
4,800
5,383
2.770
27,000
s,000
11.200
10,000
12,372
17,329
11,999
219,613
183,561
Investments
Unrestricted Unrestricted
fvnds
funds
general
general
2023
2022
Interest receivable
13
14-

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Charitable activities
2023
2022
Stsff cost5
Depreciation and impairment
Education, training and childcare programme costs
Office admin costs
Hèat. light and power
maintenan￿ and deaning
Other costs
1S3,340
4.992
51,440
13,363
5,103
1,637
12.097
143,306
4.576
26,604
10,760
2,788
3,439
5,570
241,972
197,043
Share of govemance Costs (see note T)
2.160
2,160
244,132
199,203
Analysls by fvnd
Unrestricted funds - general
Unrestricted funds - designated
Restricted funds
21,106
2,708
220,318
11,372
2,708
185,123
244,132
199,203
Support costs
Support Governance
costs
costs
2023
Govemance
costs
2022
Support costs
Independent Examiner
fees
2,160
1160
2,160
2,160
Anatysed between
Charitable activities
2.160
2.160
2,160
2,160
Trustees
None of the trustees (or any persons connected with them) re￿iVed any remuneration or benefits from the
charity during the year.
15-

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Employees
The average monthly number of employees during the year was:
2023
Number
2022
Number
Employment costs
2023
2022
Wage$ and salaries
Social securty costs
Other pension costs
137,978
6,276
9,086
128,845
5,826
8,635
153,340
143,306
There were no employees whose annual remuneration was more than £60.000.
10 Taxation
The charity is exempt from tsx on income and gains falling within Se￿lOn 505 of the Taxes Act 1988 or sectlon
252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its tharilable objects.
11 Tanglble fixed assets
Froehold land
and buildlngs
Offlc• Comput•rs
oquipm•nl
Totsl
Cost
At 1 April 2022
Additions
135.376
85,925
2,079
5,070
226,371
2,079
At 31 March 2023
13S,376
88,004
5,070
228,450
Depreciation and Impaimient
Al 1 April 2022
Depreciation charged in the year
52,564
2,708
85,071
1,270
4.056
1.014
141,691
4,992
At 31 March 2023
55,272
86,341
5,070
146,683
Carrying amount
At 31 March 2023
80,104
1,663
81.767
At 31 Marth 2022
82.812
854
1,014
84,680
16-

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
12 Debtors
2023
2022
Amounts falling due within one year.
Debtor5
Other debtors
30.217
4,537
10,828
34.754
10,828
13 Creditors: amounts falling due within one year
2023
2022
Notes
Bank overdrafis
Other taxation and social seujrity
Other creditors
Accruals
14
1,887
378
1,361
3,198
2,689
10,469
15.045
4,937
14 Loans and overdrafts
2023
2022
Bank overdrafts
1,887
Payable within one year
1,887
15 Retirement benefft schemes
Defined contribution schemes
The charity operates a defined contribution pension scheme for all qualfying employees. The assets af the
scheme are held separately from those of the charity in an independently administered fvnd.
The charge to profft or loss in respect of defined contribution schemes was £9.086 (2022 - £8,635).
17-

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
16 Rm1￿Cl•d funds
lknwnentln fvr
IAgv•m•nt In lufids
knGthmini I1•xW¢¢￿ Tran*f•rn It
1 1012 •xp•TrJ•d
l April X21
ptfc¢ soc￿1 D•¥*kipnent- CIF
Dopt so¢￿1 Deve1JPn￿l-￿CF
BBC Chi>Yren in Need
Nl Houslng &¥epJlN•- SPOD
Path%￿ Fun
￿Sten
D•ry Cty & str•bw6 Do￿[1¢1 Cow¢l
RAPID
Skiplon BU￿11n9 Sod•ty
D*p￿rne￿t lor Ccffjmtm
EBrfy Ye￿. CRSF
H•lrfax Foundatw Nl
Tho stee￿ Ch•riable TNst
Keadue Communty Grnnts F￿d
DCSOC- L•amn9 Ctties
Th8 UghlbDdy Foundatton
The Am?riran Ireland Fund
Th¢ National Lottery Communty Fund
t)ther Restrld¢¢ Funds
COVID Funding Support
DIFFEREP4CE foAIiAL>SE
65.117
132
164.156)
113.S85)
125.2331
18.0121
127.CQ)I
13411
620
61.553
13.ml
30,106
11,006
27.000
10,000
5.303
160.8991
113.9461
131.3661
118,0741
(26,7231
113,2901
15.3831
11,4101
1,274
4,373
3,113
18.012
27.QJJ
969
277
15,ffJ)
I4.1￿1)
ri,410)
1,360
12
1,174
3.88S
11.1741
CJ.8851
15&31
1.338
2,437
5,565
4237
11,iooi
16,807)
111,2001
12.JT2
11,200
1.785
11,7
11.6f*Jl
17D91
18,3531
119.558)
3,S39
1.647
1.926
370
P701
10,1300
15.940
14,8001
11501
197
14n
24250
183.$61
1185,1231
22367
219,613
122D,3181
913
22,475

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
16 R••irfctsd fun
IContlnu•dl
Anatysl• of m•t•d•l r•¥trtth lunth
Dept lor Soclal D•v•lown•nt- Inv•¥thi•nt Fund ICVI
Fundlng in resp¢0 of Centrè M•nagerandAdmwQFtsw OffKersaW a)d rA￿kn9 &K￿red kn the arth• Crrnunty Inv•¥trn•M Fund pro915rn1•.
D•pL for Soelal O•v•lopm•nt- WomvA Cèntr• ChSldt*rn Fund (WCCFI
Fundlng low•rds Saw ¢05ts ora th￿d¢ar• cfrudhmicf n￿nn19 cosls 888oo*tyJ **hlh• ofchllw•
88¢ Chlldr•n In N••d
Fundhg forth• sa* tsl o mpfta thlld¢•e E4hornMiwJ cotsforth• drup kn thldw• wk*abl• Ch(￿￿.
Nl knuslng Ex•cuiiv•-Sm•ll PockDts olD•PrIv￿On ISPOD)
Funding yovkled for th¢ d•lNery of •duc8tknd trann9 progr￿)￿. ¥#Y ￿Irt￿lI, offrt• •4u*Yr￿t.
Th• P*thwiy Fund
Fundfftg toward$ costs of • thld¢xn r•>tydh*f.
Th• Garf•ld W•storb Found*iion
Fundhg tOVArd5 salary ¢¢$¢5 fv chld¢w•
Th• Natlon•l Lott•ry Communlty Fund
Fundlng tawardsth• d•li¥•ry ol•du¢*knMItrwui9 INfaTrnthd rumry cots &id
Th• Steele ¢h4rltable Trust
Fundirtg towards th¢ s* D)s¢% t￿thI rf4
K•4du• Communlty Grants Fund
Funding towrrtsth• tatsft¢lh• ch&%cv•*•th.
19-

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
17 Designated funds
The income fijnds of the tharrty include the following designated fvnds which have been set aside out of
unrestricted funds by the trustees for speafic purposes:
Balance at Resourcos
Balan¢e at
1 April 2021
•xpènded 1 Aprfl 2022
R¢sources
Balanc• It
expended 31 MaTch 2023
Designated property assets fvnd
80,295
(2.708)
77,587
(2,708)
74,879
80,295
(2,708)
77,587
12,703
74,879
Designated funds represent funding received by the charity to build an extension to the propety at 12
Bawnmore Place, Strathfoyle. A sum equivalent to the depreciation charge on the extension is allocated each
year to the designated fund. until it is fully amortised.
-20-

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
18 An•tyAls of n•t a*8•ts b•tsx•n fvnds
Urnstr5ctsd Unrestrfctod R•strl¢l•d
g•n•rnl
fvnds
fvnds
2D23
T¢l•l
d•$ign¥ted
funds
2022
funds
2023
20rJ
2Q23
2022
2022
Fund •t 31 Marth 2023 m reprn¥¢nt•d
by..
Tw9lbk •ss•ts
Currént asa•tslllL8bllttthl
7487•
81,717
42J06
77.587
84.680
39,230
19,131
12A7S
16,963
22,267
26.719
74,879
22A75
124073
24.056
77,$87
22,267
123,91D
-21-

STRATHFOYLE WOMEN'S ACTIVITY GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
19 Financial commitmentsi guarantees and contingent liabilities
Certain grants received and re￿1vable may be￿me repayable to the funder rf the charity is no longer able to
meet the conditions under which they were awarded. Due to the nature of these contingencies it may not be
possible to quanttfy the potential financial effect or give an indication of the timing as to the liabilrties that may
arise.
20 Related party transactions
Remuneration of key management personnel
The remuneration of key management personnel is as follows.
2023
2022
Aggregate compensation
78,313
80,705
Other related party transactlons
There were no other related party transactions during the year.
21 Funds received as an agent
Strathfoyle Women's Actiwty Group is the lead partner in ￿SpeCt of the Small Pockets of Deprivation Fund
adminiSte￿d by the Nl Housing Executive. During the year. the tharity received incoming resour￿5 on behalf
of other charitable organisations amounting to £28,94012022 - £54,486). This amount was distributed in full
as Nl Housing Executive grants during the year and at 31 March 2023, the charty held no amounts in relation
to undistributed Nl Housing Execxrtive grants.
In relation to the above. the charity is legally bound to pay the funds over to third parties and has no
responsibility for their uttimate application. These amounts have not been reflected in the financial statements
for the year in accordance with the treatment recommended by the Statement of Recommended Practice
'Accounling and Reporting by Charities". As no amounts are held for distribution at the year end, there is no
effect on the reported assets and liabiltties on the balance sheeL