REGISTERED COMPANY NUMBER.. N1047757 {Northcrii Irelllii(l) REGISTEREI D CHARITY NUMBER: 100092 ort of the Trustees and Flnancial Statemcnls for the Year Ended 31 March 2024 for Colin Nei Acom hbourhood Partnershi Limited b Guarantce Lynn Drake & Co Ltd Statutory Auditors I st Floor 34 B-D Main Street Moira Co. Armagh BT67 OLE
Colin Nei hbourhood Partnershi Content5 of the Financial Statcments foi. tlie Year Endcd 31 Marcli 2024 Page Refei'ence and Administrative DetAils Report of the Trustees 3 to 15 Report of the Indepcndcnt Audltors 16 to 19 Statement of Ffinanclal Activities 20 Statemcnl of Financial Position 21 Statement of Cash Flows 22 Notcs to the Statement of Cash Flows 23 Notes lo the Financial Statements 24 to 36 Detalled StAtement of Financial Activities 37 to 38
Colin Nci hbourhood Partnershi Reference and Administrative Details for the Year Ended 31 March 2024 TRUSTEES T Brady B J Moan¢ A Aicken (resigned 221812023) Dr J Bradley Fr C J Crossey J Duffy S J Magennis M Scott (resigned 151712024) Ms P A Smart Ms M T Smith L A L Vladeanu M J Cooper L Stiti D Baker (resigned 191612023) Coiincilloi. M Gai'i'ett (appointed 201912023) M J Collins (appointed 61112024) C Fanning (appointed 11512024) L S Maclean (appointed 201312024) K Murpliy (appointed 91512024) J P Pollock (appoiiit¢d 91512024) Councilloi. S Walsh (appointed 91512024) COMPANY SECRETARY L A L Vladeanu REGISTERED OFFICE Cloona House 30-31 Colin Road Poleglass, Dummry Belfast Co. Antrim BT17 OLG REGISTERED COMPANY NUMBER N1047757 (Northern Ireland) REGISTERED CHARITY NUMBER 100092 AUDITORS Lynn Drak¢ & Co Ltd Statutory Auditors I st Floor 34 B-D Main Street Moira Co. Armagh BT67 OLE
Colin Nei hbourhood Partnershi Rcfercnce and Administrative Details foi. the Ycar Ended 31 March 2024 CHIEF KXECUTIVE OFFICERA Armstrong
Colin Nei hbourhood Partncrshi ort of the Trustees ror the Year Ended 31 March 2024 The ti'ustees who are also directors of tlie cliarity for the purposes of tl)e Coinpanies Act 2006, presei)t their repoi'l with the financial statements of the cliarity for the year ended 31 March 2024. Tlie Irustees have adopted the pi'ovisions of Accouiitiiig and Reporting by Cliai'ities: Stateinent of Recoininended Pi'aclice applicable to cliarities preparing their accounts in accordance with the Financial Reporting Staiidai'd applicable in tlie UK and Republic of Ireland (FRS 102) (effective l January 2019). OIIJECTIVE( S AND ACTIVITIES Objcctives and aims lJiidei' review of the Colin Neighbourhood Action Plans priorities were identified and agreed, tlley are.. Healtli larly Interventioii Ediicatioii PIIy5ical Developmeiitsllinprovcinenlslmajor Capital Projects Colninuiiity Development: Artslculture Coininiinity Safety Environment Youth (Inclusion) Men Older residents Children & Families It should be noted that Colin Neigliboiirhood Parlnersliip and Subgroups have all signed up to aiid abide by tlie Neigliboui'liood Renewal Code of Practice and Guiding Principles and subsequent Subgi'oup Tcrins of Refereiice. Dfc support has been and remains key to the success of the Colin Neighboiirhood Partnei'sliip. Dfr fiiiidiiig has deinoiistrated confidence in our orgaiiisation's ability to deliver against objectives aiid in our governaiice. This has lielped in securiiig funds froin otl)er sources to support a range of social. economic and capital pi'ojects in tlie Colin Area. Princlple funding sources Depai"tment for Communities Belfast Cily Couiicil Public Healtli Agency SEHSCT Educatioii Authority TEO - Urban Villages N.I,H,E. Tlie National Lottery Coininunity Fund Coinmunity Foundation N. l. Federation of Family Practices SEUPB
ColAn Nei hbourliood Partnershi ort of the Trustees foi. the Year Ended 31 March 2024 Colin Neighbourhood Partnersliip continues to provide an annual calendar of events for all in the coininiiiiily, provide traiiiing in capacity biiilding. provide opportunities for volunteeriiig, iinpi'ove coininuiiity relations, fainily support, pi'ovide support for local coininunity and voluntary gi'oups, and pi'ovide projects and activities tliat proinote healthy eating and physical activity in our major shared space resoiii'ce at Coliii Allotineiits site. It is also iinportant to note that CNP very often must react to address issues tliat emerge, foi. example the establishment of drug and alcohol and suicide prevention task groups whicli bi'iiigs all statutory, voluiitary and cominiinity ol'gaiiizations togetlier to focus on the issue and addi'ess iinniediate and emerging need to eiisure tliose tlial need support are offered it as a Inattei. of urgeiicy. This approacli helps to address a seiise of fear and panic iii tlie local area when such occurrences take place. Al l of this enables us to siistain the real sense of community spii'it aiid pride iii this area. Colin Neiglibourliood Partnership sees community reiiewal as an action tliat helps people to develop tlieii. own ability and help build resilience to address probleins and their iieeds. We try to acliieve tliis iii iiiaiiy ways by offering pi'ograTnJnes, activities, and ti'ainiiig for pai'ents of young children, pareiits of adolesceiits, children, young people, Inen. woirjen, and older residents to help iinprove the quality of life foi. all oiir residents. Tliis is ali opportuiiity to establish strong communities and gives a voice to communities to decide tlie best use of assets, it strengthens the capacity of people to becoine active citizens and provides opportuiiities for cominunity, statutory aiid other sectors to work in collaboration to develop social, economic, environineiital, aiid otlier themes to ensure better positive outcomes.
Colin Nei hbourhood Partnershi ort of thc Trustees ffoi. the Year Ende(131 March 2024 OBJECTIVES AND ACTIVITIES Signifjeallt Aetivities Coliii Neighbourliood Partnership aims to reduce social and economic ineqiialities which cliai'acterise Ihis area. It does so by Inaking a long-terin cominitinent to communities to work iii partneiship witli tlieiii to ideiitify and prioritise needs and co-ordinate interventions designed to address the underlying causes of poverty. Coliii Neighbourliood Partnersliip is an establisljed represeiitative body of local community iiitei'ests together witli appropi'iate Government Deparlments, public sector agencies. private sector iiiterest and local elected representalives. Tlie partnei'ship establislied in 2004 has active participation frojn community representatives, public seclor oi'ganisations, political I'epreseiitalives, voluiltary orgaiiisalions, and tlie private sector that liave ali inlei'est iii tlie ai'ea's development. The organisation promotes a holistic approach to addressiiig econoinic and social inequality closiiig tlie gap between iieiglibourl)ood i'cnewal areas and those tl)at are not iiicliidcd iii iieiglibourhood reiiewal. CNP board Ineels on a bi-monthly basis, holds an annual AGM, and produces aiinual audited accounts. Adiniiiistratioii and other services are provided tlirougli a Partiiersliip Manager, Finance and OlCe Maiiagei., and a Development Network consisting of. Good Morning Colin Manager, Early Interveiition Managei., Allotinent Maiiager, Developinent Officers with specific remits i.e., Arts & Culture, Coininunity Safety, Men, Yoiith, Capacity Building and Volunteerin& Environmental, Early Intervention Services, ai)d a Marketing Officer. Tlie Partiiei'ship comprises 16 members which include representatives from local coinmuiiities, voluiitary oi'gaiiisations, elected representatives, privat¢ sector, and local statutory organisations. The Pai'tnersliip lias several subgroups and task groups eiigaging approx. 200 individuals in task specific reinits. Tlie subgi'oups aiid task groups assist in the identification, developinent and where appropriate. the delivery of pi'ojects wl)icli aiin to addi'ess Neighbourliood Renewal's four strategic objectives of: Cominunity Renewal, Social Renewal, [Coll0]n]C Renewal and Physical Renewal. Each subgroup has developed its own actioii plaii workiiig iii partiiersliip witli all the relevaiit organisations: Dfc, SE14SCT, E.A.. CCMS, PSNI, PCSP, BCC, NIHE, TEO, Dfc, CYPSPB, PHA, Urban Villages as well as all local community and voliiiitai'y organisations. Public bcnefit li) line wilh ils slated aims and objeclives. as noted above, tlie trustees are coiifident that tlie charity is undertaking activities wliich provide public benefit to those who avail of its sei'vices.
Colin Nei libourhood Partnershi Re ort of the Trustees for the Year Ei nded 31 March 2024 ACHIEI VEMENT AND PERFORMANCE Cliaritable activities Tlie cost-of-living crisis continued throughout this year impacting on many inore people. This included Inany iiiore woi'king faillilies because of the high rales of Cliild Care services. Many of tliese fainilies liad to clioose between work aiid staying at home, most of which wanted to be able to continue workiiig. Between March - December 2023 we supported close to 500 families with food and meat parcels, Ineat voiicliei's and vouchers for gas and electricity, all enabled because of the siipport froin Urban Villages, BCC, Glenwood Biisiness Centre, Tlie Coiiway Group, Silo Tank and many generous individuals. lii tlie run-up lo Cliristinas, with tlie support of Cash for Kids, REAL LIFE Gyin, and donatioiis fi'om local individuals, CNP were able to distribiite over 1200 Christmas gifts for children to ensure tliey had a visit froin Santa. Diiriiig tlie pei'iod January - March 2024 142 fainilies were supported with vouchers foi. food gas aiid electricity, all with the support froIn BCC and SEI4SCT. Tliaiikfully we inanaged to support all those that were referred from various organisations, whicli iiicluded Scliools, Social Services, Family Support groups and others. Witli the siipport of Jaines Brown Funei'al Directors, 11)e local Credit Union aiid MACS Food, tlie Good Morning Coliii, Service, provided 106 Christmas 14ampers to older and vulnerable i'esideiits as well as providing their aniiual Cliristmas dinner for over l 00 clients and Carers. Colin Town Centre Masterplan CNP made a bid to SEUPB under their Investmeiit Area 1.4: PEACEPLUS Re-iinaging Coininuiiities ii) Septeinber 2023. This £13.2m proposal woiild see the delivery of another element of tlie Towii Ceiiti'e Master Plan. A Cominunity Hub that will enable a range of local services to become inoi'e accessible aiid effective developing vital services, The Community Hub will be a higli profile, accessible shared spac¢ with a high quality design ci'eating 4221m2 of shared space across three floors including: 200 seater auditoriuin. Staff offices to allow iiicreased reach of services for CNP including Good Morning Colin - 7 office facilities tailored for statutoiy aiid community led services witli tenant organisations agrced providing: Surestart scrvices, Libi'ary, Counselling, Nl Housing Executive, Education Authority Youth Services, Learniiig Disability support aiid skills and employability services. Approximately 500/0 of the £13.2m will be secured from the N.1. Executive Office (Urban Villages) and Department for Communities {DfC). We will not know of the outcome of SEUPB proposal until Augustlseptember 2024. As mentioned in our previous Trustees report the delay in securing support from DOH and SEHSCT to I'¢place the current health centre, we did manage to convince the Dfc to provide funding to improve the of the exterior of the cui'rent health with replacement fencing. additional street lighting, sigiiage and landscaping. Good Morning Colin GMC continues to deliver a 7 day a w¢ek morning call service. 52 weeks throughout the year. the clientele has now reached a massive 430+ clients.
Colin Nei hbourhood Partnershi ort of the Trustees for the Year Elided 31 March 2024 With the support of 34 dedicated volunteers, tliey continue to deliver the annual calendar of eveiits tl)roughout tlie year including, Valentines Ball, St. Patrick's celebrations, May Ball, Inaiiy trips aiid oiitiiigs Iliroiigh the suininer Inoiitlis as well as local events duriiig tlie West Belfast fiestival in Augusl, celebration of Woi'ld Mental Healtli Day and of course the major Chrtstmas Diniicr. The service continues to support the Carers group on a weekly basis offering many activities througliout Ilie year and a weekend at Corry Meela Retreat, Ballycastle, a June day out at tlie beautiful sui'i'ouiidiiigs of Mary Catherines Cottage. Newry for both Carers and clients. Tlie 'Warms Space" initiative a weekly event which runs from September to the end of March, {appi'ox,38 weeks) pi'ovidiiig a hot Ineal aiid film show foi. 35 oldei. resideiits establislled in Septeinber 2022, lias iiow become an iinportant feature withiii the OMC yearly calendar, provides clients willi an oppoi'liinity to coniiect with otliers they may not otlierwise see diiring the winter months. Mcn's Shed Tliis service continues to grow from strengtl), tliese inen are extreinely keen to remaii) active by getting out aiid about, leariiing iiew skills, becoiniiig involved in all sorts of activities as well as assisting tlie local area by their iiivolvement in volunteering. engaging with pi'iinary school pupils in relation to environinental pi'ojects as well as helping with CNP'S major community public events. Oiie of the highlights this year was their involvement in a photography project with the rciiowned photograplier Jiin Coi'l.. Jim woi'ked with Colin Meii's Slied teacliing tlie basics of photograpliy, sucli as composition, ligliting, and exposiire. He also encouraged thein to experiment with different techniques and styles. As a result, 16 ainazing pliotographs were produced that anyoiie would be exti'einely proud of. Aiiotlier major achieveinent was wlien they decided to learn to play the Ukulele with tlie help of forinei. Pi'iiicipal of St. Kieran's Priinary Scliool, Briaii McAlea. Knowii as CUBS tliey liave entci'taiiied Irany resideiits iii several Care 14omes throughout Belfast ai)d liave entertained tl)e Good Morniiig Cliciits at all tl)eii' large social eveiits tliroiigliout tlie year. CUBS are now in deinand ihrouglioiit tlie city. Tliey also attended several of tlie NVTV show Conversations with Gerry Kelly" two members auditioned to step into Geri'y's shoes, seems sometimes they're getting aliead of themselves. but you never know, at least tlley're full of confiden¢e and happy. Allotments Many groups coiitinue to use this site in relation to cookery sessions, growing produce, tips for liealtliy eating, Bird Ringing, physical activity, talking therapies. and schools to highlight the dangers of sugar aiid enei'gy drinks as well as highlighting the dangers of vaping. Many corporate organizations are also keeii to suppoi't the site by allowing their employees to volunteer at the site during tlieir staff days out. The site is also very Inuch used to support organisations in respect of mental health programines, i.e. Victiins & Survivoi-s, Carers, and those supporting people with leaning disabilities, The Men's Shed, Colin Carers and Volunteers make good use of this site in learning to cook on a budget. The Colin Allotmeiit liolders were extremely generous during this period in that they decided to grow produce on their own space to donate to food banks and other organisations that were supporting those in need due to the Cost-of-Living crisis.
Colin Nei hbourhood Partnershi Re ort of the Trustees for the Year Ended 31 March 2024 Youth Inclusion Siippoi'ted by CNP'S Youth Inclusion worker, this project consists of 3 separate eleineIits, Colin Autisin advice and suppoi't, Colin Autism Parents lobbying group and Colin Youth Inclusion project. Autisin advice aiid siippoi't group consisting of 30 parents wl)o Continue to meet 3 times per week, 2 morning sessioiis and I eveiiing session. Tliese pai'eiits liave been lobbying extremely hard throughout the year to highlight tlie uncertaii)ty of services foi. cliildren with Autisin and other developinental conditions. Tliese pai'ents lielp to advise and ediical¢ parents on advocating for autistic children, pi'ovide support and iiiforination on how to request an evaluatioii, schools are legally obligated to assess sliidenls for special educatioii sei'vices. Fstablish opeii communtcation with teachers, special education coordinators. and other scliool persoiiiiel. Collaboi'ate with tlie scliool team to create a supportive environmeiit. Advice is also available in relation to benefits and how to apply. Tliis enables Inembers of this gi'oup to provide up to date information to Inaiiy otlier fainilies not involv¢d in tlie gi'oup, Witli the help of oiir Ii)clusion worker, tliey organize various activities througliout tlie year, especially day ti'ips dui'iiig suininer Inontlis and Inid-term breaks to provide respite for families. Young people are involved in various activities 4 times per week at Cloona House. Programmes of day trips dui'ing October 23 and february 2024 during school Inidterm breaks whicli included visits to various locations involving many pliysical activity prograinines. Also, many activities during tlie Cliristmas lioliday period. Most of these young people fall into the category of SENS, i.e., ADHD, ASD et¢. Many parents of these childreii assist during these eveiits. The project depeiids on the availability of volunteers of wliicli we liave a core of 4 voluiiteers to assist with the larger events. CpACity IluildingtVoluntecringlEnvironment A total of 422 individuals took part in capacity building tratning sessions including several sessions delivered by Parenting N.I. which included Assertiveness, Building Resilience and Managing Einotioiis. It is great to see tliat many pareiits in the community are recogiiizing that rearing cliildren is not easy, and any assistance offered will not only benefit their children but also help them to ensure their childi'eil can get tlie best start in life. Not siirprisingly, there was a continued demand for Menlal 14ealth and Well-beiiig information i.e., Living Life to the Full, Heal Your Life, ASIST, Mental Health Awareness and Writing for Well-being. Other hands-on training included a 6-week Sign Language course, AED and CPR training as well as Inany eiivironmental workshops, Oral History, and Committee Skills for tliose who are coiisidering volunteering iii the Comrnunity. Volunteering 318 people were involved in volunteering throughout this period. This included those involved in Environmental Projects at Colin Allotments, Old Colin Wood, Belle Steele Garden, CNP events as well as the Youth Inclusion Project and Good Morning Colin.
Colin Nei hbourhood Partnershi ort of the Trustees or the Year li nded 31 March 2024 Community Safety Ci'oss Commuiiity Oiigoing dialogue witli ColinlDiinmurry and Suffolk (PUL) communities via the Duiiinui'i'y Positive Relations Partnership to ensure positive outcomes in relation to contentious parades. Tllis partnership continues to be exlreinely important especially around the marchii)g season, mainly July and August. This work lias proved to be successful as wc haven't experienced any serious issues over the past few years. Invited meinbei's of the PUL coinmiinity from Blacks Road and Duiiinurry to CNP'S Saiita coines to Coliii Event, Inany tui'ned up and l)ad a great time. Road Safety Initiatives Tliere are major concerns in relation to young people involved in illegal usage of Scrainblers. Youiig people between tlie ages of14-17 ride tliese powerfiil scramblers around the areas resulting in ongoiiig coininuiiity safety concerns. We, along with tlie PSNI developed an information leaflet which was delivered to ai'ound 15,000 11oines. PSNI, NIHE, CNP, Safer neiglibourlioods Project and other liousing providers were involved in the delivery of the leaflets wliich provided information highlighting E-scooter usage and the Law, 15,0001)oines targeted foi. tliis inforiiiatioii. We will keep chipping away at this issue iii partncrship with tlie PSNI. Halloween Safety Initialive Needed to ensiire the Halloween period was free from illegal fireworks, worked with PSNI and local shops to ensure no illegal selling of fireworks in tl)is community, as a result a quantity of illegal fireworks were seized in the local area and no major issues occurred. Also needed to ensure Halloweeii Night was free from on street driiiking aiid drug abuse. Contacted all local off liceiises reminding thein of tlieir rcspoiisibility in relation to selliiig alcohol to tliose undei. 18 ycars. Litter Picking involving local Youth Centres and Priinary Schools. All our local schools and youth centre participants along with our Community Safety Officer were also involved in litter pickiiig throughout the area, this is about fostering a clean and safe environment ainong our young people. This helps to instill a sense of responsibility and environinental awareness. Bonfires As work Continues with our following partners, PSNI. BCC, NIHE, PCSP, Conservation Volunteers and Safer Neighbourhoods Project. thankfully for the second year there were no bonfires in the area in August 2023. Older residents. Several face-to-face sessions with older residents in respect of scams and home safety. Good Morning clients received free home safety equipment which included window locks, doorstep and liandheld alarms. Commuiiity Safety subgroup. CNP Coinmunity Safety subgroup includes participation from rcpresentatives of PSNI, Colin Safer Neighbourhoods, BCC Police & Community Safety Partnership, Housing Providers, Dunlewey, ASCERT, Translink and repi'esentatives from our Youth Strategy subgroup as well as many other community representatives.
Colin Nei hbourhood Pai'tnershi ort of the Trustees for the Year Ei nded 31 March 2024 Colin Heritagc Project We facilitated a field ti'ip foi. La Salle school pupils and teachers. Tliis event cxplored the vibrant pei'iod, the late 18th century whicli witnessed the rise of tlie United Irishiiien, foi'ined iii Belfast in 1791 by Dublin Protestant lawyer Wolfe Toile and his Presbyterian friends includiiig Sainuel Neilsoii and Henry Joy Mccracken. Also highlighted was the role Cloona House played in tlie histoi'y of tlie arca aiid famous people and families associated with the Colin area. Aiiotlier event, a publ ic tour, included Ilie story of the United Irislimen to the recent liistoi'y of ti'oubles and peace. Famoiis fainilies such as the Teelings, Jaffa's and Griinsliaw's to DeLorean and Bobby Saiids, tlie liistoi'y of Clooiia House from the Linen Industry, role of tlie British Military, to tlic Catliolic Chui'cl), facil itating the Iiousing of nursery schools and coinmiinity building. These tours higlilighting all this ainaziiig history of the Colin area are extreinely popular, not only among local residents but lots of iiiterest froin otliers tlirougliout Belfast. Check out our Colin Heritage website and learn about the uiiique history of Coliti www.colinheritage.com I vents Progrnmmes. Tlie annual calendar of community events continues to be extremely popular with our community I'esulting iii thousands of residents attending throughout the year. The calendar continues to deliver the Inajoi. events arouiid Mai'ch, Creatlvity Month which includes many arts, culture, training events, endiiig up witli tlie "Give it a Go" day. The Suminer Festival prograinine keeps growiiig eacl) year with tlie thoiisands of I'esidents aiid visitors atteiidiiig. Tlie liighlights, Carnival fun Day, Teddy Bears Picnic, outdoor Movie Sliows, Flei'iltige Toui's, day trips, overnight cainping at the allolineiit site and Inucli more. We used the Carnival fun Day event as an opportunity to coiisult with the cominunity in relation to our plans for the major commiinity liub, (bid to SEUPB), over 700 positive respoiises clocked up. Crescendo Tliis pai'tnership continues to grow from strength, involving Colin Neighbourhood Pai'tnership, Sl)aiikill Childi'en's Zoiie. Ulster Oi'chestra and the Centre for Evidence and Social Innovation at Queen's Uiiiversity to deliver iniisicianship and instrumental workshops to 1,153 children across four Belfast scliools Good Slieplierd, Malvern, Holy Evangelists,. and Wheatfield all of which lie within areas of marked social depi'ivation. The project provides pupils with access to high-quality music education throughout tlieir priinary school careers. Tliis yearfs end of year performance in June at the Ulster Hall, witnessed the very first cohort of Priinary 7 pupils, 104 complcting tlieir 7-year journey with Crescendo involving all four primary schools playiiig aloiig with the Ulster Orchestra, the audience of 200+ included the children's parents, grandparents and Inany visitors. Primary l ai)d Primary 2 pupils from Holy Evangelists and Good Shepherd displayed their singiiig and beal talents at the Colin Town Square singing along witli tlie live music from the Ulster Orchestra p¢rfoi'mers, again large numbers of parents and grandparcnts attending. 10
Colin Nei hbourhood Partnershi ort of the Trustees foi. the Year iided 31 March 2024 arly Intelvelltion Su¢cessfLII delivery of the Colin Primary Schools Counselling Service continued throughout the year it) tlic area's six pi'iinary schools. A total of 740 counselling sessions were delivered to 76 childreii, aloiig with 213 siipport sessioiis to parents and 421 liaison and repoi'ling Jneetings with teachers. Coliii Eai'ly Intervention id¢iitified an additional ainount of unrestricted funding io increase the level of counselling provisioii to oiie of tlie scliools - Scoil na Fuiseoige - on a one-off basis. There was a reductioii in cliiiical stress levels foi. 960/0 of Children, becaiise of couiiselling. along witl) 470/0 iinproved behaviour and 610/0 iinpi'oved social skills. 880/0 of parents aiid teachers reported tliat there were iinprovements in family commuiiication becaiise of tlie service, and 940/0 of parents and teacliers said that tlie counselling service liad giveii thein a bettei. uiidei'staiiding of ilie counselled Child's beliaviour. This took place agaiiist the backgrouiid of tlie stai'kly iiici'easiiig complexity of childi'en's emotional healtli needs right across the Nortli of Ireland (a post-covid plieiioinenon) and severely increasing school absenteeism by cliildren (charactei'ised as 'emotional ly related school refusal,). Dcspite tliis clear evidence of the growiiig need for counselling support for priinary school cliildren, the Coliii sei'vice faced two major cl)al leiiges towards the end of tlie yeai.. Firstly, the loss of its Inajor fiindci. Ui'ban Villages (wliose tiine-limited involvement in Colin sadly biit i)ot uiiexpectedly caine to an end), bul secondly, also, and this time very unexpectedly, the decision by Barnardo's to wind up its regional Time4M¢ coiinselliiig servic¢ from June 2024. While thankfully, due to some funds being able to be carried foi'ward, as well as our being able to identify an alternative counselling service provider, neither of tliese challeiiges wil I prevent the service being delivered in 2024-25, it alinost certainly will Ineaii that unless ille long-talked-about statutory provisioi) of primary scliool-age counselling materialises soon, we may be close to tl)e eiid - aftcr nearly 20 yeai's - of this vital servicc in Coliii's schools. Tlie Colin Primary Schools Speech & Language Therapy Service, delivered in partnersliip by tlie SE Trust and Colin Early Intervention, continiied to be recognised as a critical support service by Coliii's pi'iinai'y scliools, It woi'ked witli 171 P l and P2 pupils over tlie course of the 2023-24 year includiiig 59 new i'eferi'als and 63 cliildreii who were either discharged at the end of tlierapy or transferred to coinmunity or specialist siipport sei'vices. The caseload at any one time is Inaiiitained at about l 00. One of the cliallenges faced by the sci'vice, due to its precarious funding (primarily slippage money) is Inaintaining consistent staffing aiid an uiidue reliance on agency staffing. We began to have some initial discussions towards the end of tliis year about tlie feasibility of increasing the weekly hours for the Speech & Language Therapy Assislaiit (froin 24 to 30) as an incentive for reteiition, as well as of employing a part tiine Commuiiity S&L Cliainpion to pi'oinote S&L messages in local early years settings. We will hopefully take a decision 011 tliis in 2024-25. The Colin Early Parenting Programme continues to operate in a challenging and iiicreasingly coinplex eiivironment. Several attempts during the year to recruit for the vacant Early Intervention Suppoit Worker post were unsuccessful (a recruitment challenge increasingly common for community sector posts wl)ere year-on-year funding is not assur¢d), and this was compounded when the second EISW post became vacant in Deceinber 2023 and the project's Health Visitor moved to another post in the SE Trust in Jaiiuary. We were able to secure a new Health Visitor in February. but EISW posts reinained vacant as we Inoved into 2024-25, Overall, this meant that althoiigh the core Health Visitor programme work with 27 new Inothers and babies was largely unaffected, the number of home visits to additional families was significantly reduced to l 01 visits benefiting 24 families. The project's work included 76 responsive feeding support sessions, 66 weaning support sessions, 54 fainilies recciving support on maintaining smokc-free hoines and Cars, 20 mothers and babies being coached in baby massage, and 33 parents gctting support from the Community Resilienc¢ Model. 12 parents completed Mellow Parenting programmes and a further l O motliers and their babies took part in our Tree Babies (forest bathing) programme.
Colin Nei hbourhood Partnershi ort of the Trustees roi. tlie Year Ended 31 Marcb 2024 Planning activity for a proposed neurodevelopmental support pathway programme, witli our cross-border partners Arcliways and Dundalk Institute of Technology, was a major work focus tlirougliout tlie year. froiii April 2023 it looked as though tliis would iiivolve a joint partnership bid witli tlie CAWT stalutoi'y coiisoi'tiuin, who liad tabled a concept proposal for ASD support in early 2023 with botli ourselves and CA WT being encoui'aged by SEUPB to collaborate - and a full process of joint planiiing was uiidertaken througliout Ihe year. biit in January 2024, shortly before the application 'window' opened, CA WT witlidi-ew, leaviiig oiii. Cliaiiging Lives partnership to i'apidly develop and submit an ainbitious E8.6 millioii bid 011 its own. We reinain optimistic and excited about the prospects for this EU fundiiig bid, the outcome of wliicli is expected by August 2024. IINANCIAL REVIEW Financial position 'I"lie coinpany had net incoming resources for the year of £126,448 (2023: net incomiiig resources of £3 7,397), whicli reflected the increase in trading activities during tlie year. Unresti'icted funds increased by £33,233, while restricted funds increased by £93,215. Reserves policy Iii liiie with siinilar orgaiiisations, it would appear prudent for Colin Neighbourhood Pai'tnei'ship to set aside I'esei'ves up to a level of approximately six Inontlis of unrestricted expenditure on charitable activities. 12
Colin Nei hbourliood Partnershi ort of the Triistecs foi. tlie Year li ndcil 31 March 2024 STIiATEGIC PLAN FOR COLIN NEIGHBOURHOOD PARTNERSHIP 2024 - 2025 Colin Neighbourhood Partnership secured funding froin Dormant Accounts to embark on ali aimbitioiis 5ti'ategic planiiiiig exercise to identify needs aiid prioi'ities that will inforin strategic directioii aiid focus foi. thc Pai'tnership over tlie next five years. CNP see tliis as inore thali just an exercise in organisatioiial sti'atcgic planiiing, but one wliich engages the whole community in a collective effort to genei'ate the riglit inforination to Inake the best decisions to address the future needs of our cominunity. Lookiiig aliead CNP and its coininiinity will face even greatei. cliallenges in tlie context of an oiigoiiig 'Cost of Living, crisis coupled with an iinmincnt squeeze on public funding. CNP needs to respond aiid positioii itself strategical ly to deal willi these cliallenges. CNP has establislied ils credentials as a Irusled interined iai'y betweeii the coinmunity and the state, for exainple, during tlie Covid crisis. Also, CNP has played a ci'iicial role in facil itatiiig collaboratioii between groups - essential to addressiiig competition for scarcei. resoui'ces aiid maxiinising utility of wliat is available. The very first plan pi'oduced by the Partiiership back in 200415 was based on a wide-ranging coininLlllity consiiltation process. The Partnership can now repeat Ihis exercise after securing tlie resources fi'oin Doi'inant Accouiits. We will (i) Provide evidence ideiitifying the fiiture needs aiid priorities foi, Colin area. (li) Eiisiire tliat fiiture planning decisions are rooted in identified needs and priorities endoi'sed by coinmunity. (iii) Provide opportunity for 'moinents of community connection and reflection, on identifying issues aiid addressing conceriis. (iv)Iiiform production of new five-year strategic plan for Colin Partnership lo advocate for bettei. planniiig aiid iinpi'oved service provision for Colin. (v) Develop enhaiiced capacity to generate resources and ensure sustainability. (vi) Develop and docuinent a Transferable model for coinmunity consultation and planning, Aim and outcomes of the Strategic Review. The Partnership will have a clearer understanding of their environment, be more confident about tlieir ability to adapt to futui'e cliallenges and be Inore resilient and prepared for the future. Tlie Partiiersliip will be better placed to advocate for better planning and improved service provision for Colin The Partnersliip will have developed aiid documented a Inodel for coIninuiiity consultation and plai)iiing wliich can be readily iransferable. The Partnership will have enhanced their capacity to generate resoLlI'ces and ensure sustainability Colin Neiglibourhood Partnership will continue to work in partnership alongside Dept. for Cominunities, Dcpt. of Health, Dept. of Education, and Depl. for Infrastructure, South Eastern Health Ti'ust. C.C.M.S., B.C,C. and Urban Villages (TEO) to help deliver on the Colin Town Centre Project and tlie Progi'ainine for Government. CNP and its partnei. organisations will continue to work collaboratively to deliver quality services across the Colin area and to work together to further develop areas of partnership to increase and improve services for all the residents of Colin. Visit us at http:Ilwww.newcolin.com for further details on the activities and prograinmes at CNP supported through Neighbourhood Renewal and others. 13
Coliii Nei hbourhood Partnershi Re ort of the Trustees loi. the Year Ended 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing documcnt Tlie charity is controlled by its goveriiing documeiit, a deed of trust, and constitutes a liinited coinpaiiy, liinited by guarantee, as defined by tlie Companies Act 2006. Recruitmcnt and appointmcnt of new trustees Appoinlinent of TrLlStees.' The Ti'ustees of the coinpany are also charity Iruslees for thc purposes of charity law and undei. tlie compaiiy's Articles are kiiowii as Ineinbers of tlie Manageincnt Committee. Under the requireinenls of tl)e Meinoi'l£ ndiiin and Articles of Associatioii the meinbers of the Managemeiit Cominittee are elected to sei've for a period from one Annual General meetiiig to the next, Trustee Indiiction and Training: New ti'ustecs are iiivited to an induction ineeting to familiarise themselves With tlie charity and tlie context witliiii wliich it opei'ates. These are facilitated by Development Staff and Maiiageinent Coininittee, they cover: Tlie obligations of tlie Board of Trustees. The content of the Memoraiidum and Articles of Association. The Coininittee and decision making processes. Curi'eiit fiiiancial position. riitiire plaiis and objectives. Potential Trustees are encouraged to attend a series of busiiiess committee meetings as a trail period to fainiliarise themselves with the work before committing themselves to the role, if this is agreed as appropriate. Trustees are encouraged to attend appropriate training events in-hous¢ and external, where tliese will facilitate the underlaking of their role. Organisational srtructure Coliii Neiglibourhood Partnership has been registered with the Charities Commission since March 2014. CNP board members consist of representatives from Dfc, SEHSCT, E.A., CCMS, NIHE, Political aiid Commuiiity representatives as well as representatives from each of our sub groups. CNP estllblislied an audit committee to support the Board in its responsibilities for issues of risk, control and goveriiance by reviewing tlie comprehensivencss of assurances being provided in meeting tlie Board's assuraiice needs as a collective 'Accounting Officer, and also reviewing tlie reliability and integrity of these assurances. The Committee is an advisory body and has no executive powers. Dept. for Cominiinities and TEO, have allocated a 'Robust" status in relation to the "Organisation's" Fiiiancial Systems and Controls Rating" STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (wlio are also the directors of Colin Ncighbourhood Partnership for th¢ purposes of company law) al'e responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Geiierally Accepted Accounting Practice) including financial Reporting Standard 102 The Financial Reporting Standai'd applicable iii the UK and Republic of Ireland 14
Colin Nei hbourhood Partnershi oi't of the Trustees ror the Year Ended 31 March 2024 STATEMENT OF TRUSTEES, RESPONSIBILITIES - continued Coinpany law i-equii'es the ti'ustees to prepare fiiiaiicial stateinents for eacli financial year whicli give a triie aiid fair view of the state of affairs of the charitable company and of the incoming resoui'ces and applicatioii of i'esources, iiicluding the income and expenditure, of the charitable compaiiy for that period. In prepariiig tliose finaiicial statemeiits, tlic trustees are required to select suitable accountiiig policies and then apply them consistently. observe the inetliods and principles in the Charity SORP. make judgemenls and estiinates Ihat are reasonable aiid prudent; pi'epare tlie financial statemenls on the going concern basis iinless it is inappropriate to presume that tli¢ cliai'itable coinpany will contiiiue iii business. The triistees al'e respoiisible for keepiiig proper accountiiig records which disclose with I'easonable accuracy at aiiy time the financial position of the charitable company aiid to enable tliem to ei)sure that tlie finniicial stateinents coinply witli tlie Compaiiies Act 2006. They are also responsible for safeguarding tli¢ assets or tlie charitable company and heiice for takiiig reasonable steps for the preveiition and detection of fi'aud and oili¢r irregularities. Iii so far as tlie trustees are aware: tliere is no i'elevant audit inforinatioii of which the charitable coinpany's auditors are unaware. and tlie triistees Iiave takeii all steps that tl)ey ought to have taken to make tlieinselves aware of aiiy relevaiit audit informatioii and to establisli tliat tlie auditors are aware of that informatioii, AUDITORS Tlic auditors, Lynii Drake & Co Ltd, will be proposed for re-appointment at tlie fortlicoining AIiiiLial General Meeting. Appi'oved by ol'der of the board of trustees on I I September 2024 and signed on its belialf by: B J Moane- Trustee 15
ort of the Inde endont Auditors to the Trustees and Members of Colin Nei libourhood Partnershi Opinio We have audited the financial statements of Colin Neighbourhood Partnership (the 'charitable coinpany,) for the year ended 31 Mai'ch 2024 which comprise tlie Statement of Financial Activities, the Statemei)t of Finaiicial Position, the Statement of Cash Flows and notes to the financial stateinents, includiiig a summai'y of significant accounting policies. The financial reporting frainework that has beeli applied in tlicii. pi'eparation is applicable law and United Kiiigdom Accounting Standards (United Kiiigdom Generally Accepted Accounting Practice), includiiig Financial Reporting Standard 102 'The Financial Reporting SÉaiidard applicable in the UK aiid Republic of Irclaiid,. Iii our opinion the financial statements: give a true and fair view of the state of tlie charitable coinpany's affairs as at 31 March 2024 and of its in¢oiniiig i'esources and application of resources, including ils iiicome and expenditiii'e, for the year tlieii liave been properly prepared in accordance with United Kingdom Generally Accepted Accountiiig Pi'actice, iiicludiiig Fiiiancial Reporting Standard 102 The Finaiicial Reporting Standard applicable in tlie UK aiid Republic of Ireland and Iiave beeli pi'epared iii accordaiice with the requir¢inents of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Staiidards on Auditing (UK) (ISAS (UK)) aiid applicable law. Our respoiisibilities under those standards are further described in tlie Auditoi's, i'esponsibilities for tlie audit of the financial statemenls section of our report. We are independent of tlie charitable coinpany in accordance with the ethical requirements that are relevant to our audit of the financial stateinents in the UK, including the fRC's Etl)ical Standard, and we have fulfilled our oil)er ethical i'esponsibilities in accordance with these requiremenls. We believe that the audit evidcnce we Iiave obtained is sufficient aiid appropriate to provide a basis for our opinion. Conclusions relHting to golng coneern In aliditiiig the financial statements, we have concluded that tlie trustees, use of ihe going concern basis or accouiiting in the prepai'ation of the financial statements is appropriate. Based on tlie woi'k we have perforined, we have not identified any material uncertainties relatiiig to events oi. conditions that, ii)dividiially or collectively, may cast significant doubt on the charitable coinpany's ability to contiiiue as a going coiiccrn for a period of at leasl twelve inonths from when the fiiiancial statements are aiithorised for issue. Our responsibilities and tlie responsibilities of the trustees wilh respect to going concern are described in the relevant sections of this report. Other information The trustees al'e responsible for the other information. The other information comprises the infoi'ination incliided in the Annual Report, other than the financial statemei)ts and our Report of tlie Indepeiident Auditors thereoii. Our opinion on the financial statements does not cover the other inforination and, except to the extent otherwise explicitly stated in our report, we do not express any form of assui'ance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so. consider whether the other information is materially inconsistent with the financial statements or our knowledge obtain¢d in the audit or otherwise appears to be materially misstated. If we identify such material incon51Stencies or apparent material inisstatements, we are required to detcrinine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we liave performed, we conclude that there is a material misstatement of this other inforination, we are required to report that fact. We have nothing to report in this regard. 16
Ile ort of the Inde eiident Auditors to Ébe Truslees and Members of Colin Nei hbourhood Partnershi Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based oil the work undertaken in the course of the audit: tlie inforniation giveii in the Report of ilie Trustees for tlie financial year for wliich the fiiiancial stateineiits are prepared is coiisistent with the fiiiancial statements. and tlie Report of the Trustees has been prepared iii accordaiice with applicable legal i'equirements. Matters on which we arc required to report by exception Iii the light of tlie knowledge and uiiderstanding of the cliai'itable compai)y and its envii'oiiinent oblained in tlie course of the audit, we have not identified material misstatements in the Repoit of the Trustees. We Iiave notliing to repoi't in respect of the following matters wliere the Companies Act 2006 requires us to report to you if, in oui. opinion: adequatc a¢couiitiiig records have not been kept or retiirns adequate for our audit have not been received from bi'anchcs iiot visited by us. or tlie fiiiancial statements are not in agreement with the accounting records and returns, or certain disclosures of trustees, remiineratioii specified by law are not Inade. or we have not reccived all tlie iiiformatioii and explanatioiis we i'eqiiire for our audit. or tlie ti'ustees were not entitled to take advantage of tlie sinall companies exeinptioii from tlie i'equireinent to pi'epare a Strategic Report or in preparing tlie Report of tlie Trustees. Rcsponsibililies of trustees As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also tlie directors of tlie cliai'itable company for tlie purposes of company law) are responsible foi. tlie prepai'atioii of tlie financial stateinents and for being satisfied that ihey give a true and fair view, and foi. sucli intei'nal coiitrol as the trustees determiiie is iiecessary to enable tlie preparation of fiiiancial stateineiils that al'e fl'ee froin Inaterial misslateinent, whether due to fraud or ¢rror. In preparing the financial statements, the trustees are responsible for assessing the ¢liaritable company's ability to coiitinue as a going concern, disclosing, as applicable, matters related to going concerii aiid using tlie goiiig COTicern basis of accoiinting iinl¢ss the trustees either intend to liquidate the charitable coinpany or to cease operations, or liave no realistic alteriiative but to do so. 17
ort of the Inde cndent Auditors to the Trustees and Membcrs or Coliii Nei hbourhood Partnershi Our responsibililies for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether th¢ financial stateinents as a whole are free froin Inatei'ial Inisstatement, whether due to fraud or error, and to issue a Report of the Independent Auditoi's that includes our opinion. Reasoiiable assurance is a liigh level of assurance, but is iiot a guaraiitee that an aLidit conducted in accoi'dance witli ISAS (UK) will always detect a material misstateineiit wlien it exists. M isstatcineiits can arise froin fraud or error and are considered material if, individually or iii tlie aggi'egate, tliey could I'easonably be expected to influence the econoinic decisions of users taken on ilie basis of thes¢ fiiiaiicial statements. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: Iri'egulai'ities, incliiding fraud, are instances of non-compliance with laws and regulations. We desigii procedures in line with our responsibilities, outlined above, to detect material Inisstateinents in respect of ii'regiilarities, includtng fraud. Iii particular, we looked at where manageinent made subjective judgeineiits, for exaiiiple in I'espect of accounting estimates tliat involved making assumptions and coiisidering fiilure events tliat are inhereiitly uncertain. We also considered potential finaiicial or other pressures, opportuiiity aiid motivations for fraud. As part of this discussion, we identified the internal conlrols established to Initigate risks related to fraud or non-coinpliance with laws and regulations and how Inanageineiit monitor iliese processes. Appi'opriate procedui'es included the review and testing of mai)ual jouriials and key estiinatcs and judgeinents made by Inanagement for risk of fraud. Based on our understanding of the company and industry, we identified the principal i'isks or non-coinpliance with laws and regulations as those that have a direct iinpact oli the deterinination of Inaterial ainounts aiid disclosures in tlie financial statements. We evaliiated management's incentives and opportunities for fraudulent manipulation of the fiiiancial stateineiits aiid identified the greatest potential for fraud. We coininunicated the identified laws and regiilations thi'oughout the audit team aijd remained alert to any indications of non-compliance tliroiigliout tlie audit, Audit procedures performed included, but were not limited to: Discussioiis witli Inanageinent including consideration of known or suspected instances of non-coinpliance witli laws and regulatioii aiid fraud; Reviewing tlie financial statement disclosures and testing to supporting documentation; Review of board meeting ininutes of those charged with governance: In addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries aiid otlier adjustments; As part of an audit in accordance witli ISAS (UK). we exercise professional judgment and inaiiitain professional scepticism throughout the audit. We also:. Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audii procedures responsive to those risks, and obtain audit evidcnce thal is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a inatei'ial misstatement resulting from fraud is higher than for oiie resulting from error, as fraud may involve colliision. forgei'y. inteiitional omissions, misrepresentations. or the override of internal control. Obtain an understanding of internal control relevai)t to the audit in order to design audit procedures that are appropriat¢ in the circumstances. but not for tlie purpose of expressing an opinion on the effectiveiiess of the cliai'ities internal control. 18
Re oi't of tlie In(le cndent Auditors to the Trustees and Members of Colin Nei hbourhood Partnerslii Evaluate the appropriateness of accounting policies used aiid the reasonableness of accounting estiinates and related disclosures made by the trustees. Pei'form analytical procedures to identify any unusual or unexpected relationships that may indicate risks of Inaterial Inisstatement due to fraud or crror. Concliide on the appi'opriatciiess of the trustees, use of the going concern basis of accounting and based oli th¢ aLidit evidence obtained, wliether a material uncertainty exists I'elated to events or conditioiis tliat Inay cast significant doubt on the charities ability to continue as a going concern. If we conclude that a matei'ial uiicertainty exists, we al'e required to draw attention in our auditor's report to the related disclo.sures in tlie fiiiaiicial stateinents or, if such disclosures are inadequate, to inodify our opinion. Our conclusioiis are based 01) tlie aiidit evidence obtained up to the date of our auditorfs report. However, future events or ¢oiiditions may cause tlie cliai'ity to cease to coiitinue as a goiiig coiicern. Evaliiate tlie overall pi'eseiilation, sti'ucture, and content of the fiiiancial stateinents, includiiig ilie disclosures aiid whellicr the financial statements represent the underlying transactions and evei)ts in a Inaiiiiei. Iliat acliieves fair pi'esentatioii. We commuiiicate with those charged with goveriiance regarding. ainong other matters, tlic plaiiiied scope aiid timing of the audit aiid significaiil audit findings, including significant deficiencies in internal control tliat we identify during our audit. A fui'lliei. description of our respoi)sibilities for the audit of tlie financial statements is located 01) the ' inaiicial Reporting Council's website at www.frc.org.uklauditorsrespoiisibilities. Tliis descripiioii foi'ins pai'l of our Report of the Independent Auditors. Use of our report Tliis report is made solely to the charitable company's inembers, as a body, in accordance witli Chaplcr 3 of Pai't 16 of tlie Compaiiies Act 2006. Oiir audit work has beeii undertaken so tliat we Inight state to the chai'itable company's meinbers those matters we are required to state to them in an auditors, report and for no otliei. puri)ose. To tlie fullest extent permitted by law, we do not accept or assume responsibilily to anyone other thali the charitable company and tlie charilable coinpany's meinbers as a body, for our audit work, for this I'eport. or foi. the opiiiions we have forined. Alistair Wclls (Senior Statutory Auditor) for and on behalf of Lynn Drak¢ & Co Ltd Statutory Auditors 1st Floor 34 B-D Main Street Moii'a Co. Ai'magh BT67 OLE I I September 2024 19
Colill Nei hbourhood Partnershi Statement of Financial Activities for tlie Year Ei nded 31 March 2024 31.3.24 Tolal funds 31.3.23 Tolal funds Unrestricted Restricted fund funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 80,319 8,832 89,151 54,998 Charitable activities Graiits Receivable 1,009,859 1.009,859 1,085,866 Otlier tradiiig activities Otliei- iiicoiiie 8,246 45,647 8,246 47,167 1,520 62,270 Total 81,839 1,072,584 1,154,423 ,203,134 XPEI NDITURE ON Cliaritablc activitics Dii'ect Cliarilable Expenses Govei'nance 48,606 970,516 8,853 1,019,122 8,853 ,139,413 26,324 Totgl 48.606 979.369 1,027,975 1,165,737 NET INCOME 33,233 93,215 126,448 37,397 REI CONCILIATION OF FUNDS Total funds brought foi'ward 130.330 583,910 714,240 676,843 TOTAL FUNDS CARRIED FORWARD 163,563 677,125 840,688 714,240 The notes form part of these financial statemeiits 20
Colin Nei hbourhood Partnershi Statement of Financial Position 31 Marcli 2024 31.3.24 31.3.23 Notes I IXEI D ASSF.TS Taiigible assets 10 42,524 52,426 CURREI NT ASSETS Debtors Casli at bank and in hand 216,134 681,397 99,958 521,920 897,531 721,878 CREDITORS Ainoiiiits falliiig due within one year 12 (99,367) (60,064) NET CURRENT ASSETS 798,164 661,814 TOTAL ASSETS LEI SS CURRENT LIABILITIES 840,688 714,240 NEI T ASSEI TS 840,688 714,240 FUNDS Unrestricted funds Resti'icted fuiids 14 163,564 677,124 130,330 583,910 TOTAL fiUNDS 840,688 714,240 These financial statements have been prepared in accordance with the provisions applicable to chai'itable companies subject to tlie small coinpanies regime. Tlie financial statements were approved by the Board of Trustees aiid autliorised foi. issue on I I Septeinber 2024 and were signed on its behalf by: M J Cooper- Trustee B J Moane- Trustee The notes form part of thesc finaiicial statements 21
Colin Nei hbourhood Partnei'shi Stxtenient of Cash Flows for the Yea). nded 31 March 2024 31.3.24 31.3.23 Notes Cash flows from operating activities Casli geiierated fi'oin operations 159,477 (35,486) Net cash pi'ovided byl(used in) operating activities 159,477 (35,486) Cash flows from investing activities Piircliase of taiigible fixed assels (14,568) Net cash provided byl(used in) ii)vesting activities (14,568) Cliangc in cash and cash cquivalents in the repoi'ting period Casli And cash equivalcnts at the bcginning of tlic reporting pcrlod 159,477 (50,054) 521,920 571,974 Cash and CAsh equivalents at thc end of the reporting period 681,397 521,920 The notes form part of these financial statements 22
Colin Nei libourliood Partnershi Notes to tlie Statement of Cash Flows for the Year Euded 31 March 2024 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.3.24 31.3.23 Nct income for the rcporting pcriod (as per thc Statemcnt of Financial Aclivities) Adjustments for: Depi'eciatioii charges Increase in debtors Increasel(de¢rease) in creditors 126,448 37,397 9,903 (16,176) 39,302 10,190 (544) (82,529) Net cash provided byl(uscd in) opcrations 159,477 (35,486) ANALYSIS OF CHANGES IN NET FUNDS At 114123 Cash flow At 3113124 Nct cAsh Casli at baiik and in hand 521,920 159,477 681,397 521,920 159,477 681,397 Total 521,920 1 $9,477 681,397 The notes form part of these financial statements 23
Colin Nei hbourhood Partnershi Notes to the Finaiicial Statements for thc Year Ended 31 March 2024 ACCOUNTING POLICIES Ilasis of preparing the financial statcmcnts The financial statcinents of the charitable coinpaiiy, wliich 15 a public benefit entity undei. FRS 102, liave beeii pi'epared in accordaiice witli the Charities SORP (FRS 102) 'Accounting and Reporting by Cliarities: Stateineiit of Recommended Practice applicable to charities preparing tlieir accounts in accoi'dance with the Finaiicial Repoi'ting Standard applicable in tlie UK and Republic of Ireland (FRS 102) (effective l Janiiary 2019),, Financial Repoitiiig Standard 102 The Financial ReportiTryg Standard applicable iii the UK and Republic of Ireland, ai)d tlie Companies Act 2006. The financial stat¢ineiils have been prepared under tlie liistorical cost convention. (a) General informalion and bASiS of preparation Colin Neighbourliood Partnership is constituted as a company limited by guarantee incorporated iii Northei'ii Ireland (N1047757). In the event of ilie charity being would up. tlie liability in respect of tlie guai'antee is liinited to £1 per member of the charity. Tlie ¢liarity coiistitutes a public benefit entity as defined by FRS 102. The financial stateinents liave beeii pi'epai'ed in accordaiice witli Accounting aiid Reporting by Charities: Stateinent of Rccoininended Practice applicable to charities preparing their accounts in accordance with the Fiiiaiicial Reportiiig Standard applicable in the UK and Republic of Irelaiid issued in 2019), tIIc Financial Reporting Standard applicable in the United Kingdom aiid Republic of Irelai)d (riis 102), the Charities Act (Northern Ireland) 2013, the Companies Act 2006 and UK Generally Acccptcd Practice.. The financial statements are prepared on a going concern basis under the liistorical cost conveiitioii, Inodified to include certaiii ileins at fair value. The financial statements are preseiitcd iii stei'liiig wliicli is the functional currency of the charity. The significant accounting policies applied in the preparation of these financial stateinents are set oiit below. These policies have been consistently applied to all years presented iinless otherwise stated. (b) Funds Unrestricted funds are available for use at the discretion of tlie trustees in furtherance of Ilie geiiei'al objectives of tlie charity and which have not been designated for otlier purposes. Designated funds comprise unrestricted funds tliat have been set aside by the trustees for particular purposes. Tlie aim and use of each designated fund is set out iii the notes to the financial statemeiits. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the cliarity for particular purposes. The cost of raisiiig and adininistering such funds are charged against tlie specific fund. The aiin and use of each restricted fund is set out in the notes to the fiiiancial stateinents. Further explanation of the nature and purpose of ea¢h fund is included in the notes to the financial statements. 24 Continued...
Colin Nei hbourliood Partnershi Notes lo thc Finaiicial Statements - continued for the Year Elided 31 March 2024 ACCOUNTING POLICIES- continued Ilasis of preparing the financial statements (c) Income recognition All incoming I'esoiirces are included in the Statement of Financial Activities (SOFA) wlien the cliai'ily is legally entitled to the incoine after any performance conditions have been met, the amouiit cali be measui'ed reliably and it is probable that the income will be received. rior donatioiis to be recognised tlie charity will have been notified of the ainounts and the settlement date iii writiiig. If there are conditions attached to the donation and tliis requires a level of perfoi'inance before entitlemeiit can be obtained tl)en incoine is deferred until those coiiditioiis al'e fully Inet oi. tlie fulfilinent of those coiiditions is witliin the control of the charity aiid it is probable that they will be fulfill¢d.Voluntary income is received by way of grants, donations and gifts aiid is iiicluded in full in the Statement of Financial Activities (SOFA) when receivable. liicoIne I'eceived from collections is recognised when rcceived. Donated facilities and donated professional services are recognised iii income at their fair value wlieii tlieii. economic benefit is probable, it can be measured reliably and the cliarity lias conti'ol over Ihe itein. Fair value is determined on tlie basis of the value of ihe gift to the charity. For example tlie ainount the cliarity would be willing to pay in the open market for such facilities and service5. A cori'esponding amount is recognised in expeiiditure. No ainount is included in the finaiicial stateinents for volunteer tiine in line with the SORP (FRS 102). Further detail is given in tlie Triistees, Annual Report. ror legacies, entitlement is the earlier of tlie charity being notified of an impending distributioii or the legacy being received. At this point incoine is recogiiised. On occasioi) legacies will be notified to tlie charity however it is not possible to measure the amount expected to be distributed. On these occasions, the legacy is treated as a contingent asset and disclosed. Income from trading activities includes income earned from fundraising events and tradiiig activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitleinent has occurred. Tlie cliarity receives government grants wl)ich are detailed within the notes to these financial statements. Income froin government and otlier giants are recognised at fair value when the cliarity has entitlement after any pei'forinance conditions have been met, it is probable that the income will be received and the amount can bc measured reliably. If entitlement is not met then these amouiits are deferred. (D) Expenditure recognition All expenditure is accounted for on an accruals basis, inclusive of VAT which cannot be recovered and has been classified under headings that aggregate all costs related to the category. Expenditure is r¢cognised where there is a legal or constructive obligation to make paymcnts to third parties, it IS probable that the settlement will be required and the amount of the obligation can be measurcd reliably. It is categorised under the following headings: Costs of raising funds includes the costs associated with attracting voluntary incomes. 25 continued..
Colin Nei hboui'hood Partnershi Notes to the FiniqDcial Statements - conlinued for the Year Ended 31 March 2024 ACCOUNTING POLICIES- continued Basis of preparing the financial 5tatemcnts Expeiiditure on charitable activities includes those costs incurred by tlie charity iii tlie delivery of its activities aiid services for ils beneficiaries. It includes both costs that can be allocated directly to siicli activities and those costs of an iiidirect iiature necessary to support them. and Other expenditui-e represents those items not falliiig into the categories above. Irrecoverable VAT is cliarged as an expense against the activity for which expenditure arose. Cji'aiits payable to third parties are within the charitable objectives. Wl)ere unconditional graiits arc offered, this is ac¢riied as sooii as tlie iTcipient is nolified of tlie graiit, as tliis gives rise to a reasonable expectation that tlie I'ecipient will receive the grants. Where gi'ants are conditioi)al relatii)g to pei'foi'inaiice then the grant is only accrued wlien any unfulfilled conditions are outside of Ilie coiitrol of tlie charity. (c) Support costs allocAtion Siipport costs are tliose that assist the work of the charity but do not directly I'epresent cliaritable activities aiid include office costs, governance costs, administrative payroll costs. Tliey are incui'red directly in support of expenditure on tlie objects of the charity and iiiclude projccl Inaiiageineiit carried out at Headquarters. Wliere support costs cannot be directly atti'ibuted to particiilar lieadiiigs they Iiave beeii allocated to cost of raising fuiids and expenditure on cliaritable activities on a basis consistent with use of the resoiirces. Preinises overheads have been allocated on ali insert detail basis and otlier overheads liave beeii allocated on a basis consistent with the use of resoiii'ces. Fiind-raising costs are those incurred in seeking voluntary contributioiis and do not incliide tlie costs of dissemiiiatiiig information in support of the charitable activities. (Q Tangible fixed assets Tangible fixed assets are stated at cost less accumulaled depreciation and accumulated iinpairinent losses. Cost iiicludes costs d1ctlY attributable to making the asset capable of operating as intended. Depreciation is provided on all taiigible fixed assets, al raleb calculated to write off the Cost, less estimated residual value. of each asset on a systeinatic basis over its expected useful life as follows: Freehold Property Plant & Machincry Fixtures and Fittings Motor Vehicles Computer Equipment 20/0 Straight Line 250/0 Straight Line 25 % Straight Line and 25 % Reducing Balance 25 % Straight Line 250/0 Straight Lin¢ {g) Financial Instruments A financial asset or a financial liability is recognised only when the charity becomes a pai-ty to the contractual provision of the instrument. Basic financial instruinents are initially recognised at the amounts receivable or payable including any related transaction costs. 26 continued...
Colin Nei hbourhood Pai'tnershi Notcs to the Financial Statements - continued foi. tlic Year ndcd 31 March 2024 ACCOUNTING POLICIES- continued Basis of preparing the financial statements Ciii'reiit assets and current liabilities are siibsequently ineasured at tlie cash or otlier considci'ation expected to be paid or i-elived aiid not discounted. Debt instruinents are subsequently measured at amortised cost. Where investinents in sliares are publicly traded or theii. fair value can otherwise be measui'ed i'eliably, Ilie investmeiit is subseqiiently measured at fair value witli chaiiges in fair valiie recogiiised iii income and expeiiditure. All other sucli iiivestments al'e subsequently measured at cost less impaii'inent. Otlier financial instruments. including derivatives, are initially recognised at fair valiie, iiiiless paymeiit for an asset is deferred beyond noi'mal business terins or financed at a rate of iiitei'cst Iliat is iiot a mai'ket rate, in which case the assel is measured at ihe present value of tlie futurc payineiits discounted at a market rate of interest for a siinilai. debt instruinent. Otlier fiiiancial instruments are subsequently measured at fair value witli any changes recognised in tlie stateinent of financial activities, with the exception of hedging instruments in a designed hedgiiig relationsliip. riiiancial assets tliat are Ineasiired at cost or amortised cost are reviewed for objective evidence of iinpairmeiit at the end of each reportiiig date. if there is objective evidence of iinpairinent an iinpairineiit loss is recognised under the appropriate headiiig in tlie statement of financial activities iii wliich tlie initial gain is recognised. For all equity instruments regardless of sigiiificance, and other financial assets that are individiially significant, these are assessed individiially for iinpairment. Other finaiicial assets are eitliei. asscssed individually or grouped on tlie basis ofsimilai. credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would Iiave been had tlie impairineiit not previously been recognised. (h) Impairment Assets not measured at fair value are reviewed for any indication that the asset may be impaired at eacli balance slieet date. If such indication exists, the recoverable amount of the asset, or tlie asset's casl) generating unit, is estiinated and compared to the carrying ainount. Wliere the cari'ying ainount exceeds its recoverable amount, an impairment loss is recognised in profit or loss uiiless tlie asset is carried at a revalued amount where the impairment loss is a revaluation decrease. (i) Provisions Provisions are recogi)ised when the charity has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefjts will be required in settlemeiit and the amount can be reliably estimated. 27 coiitinued..
Colin Nei hbourhood Partnershi Notcs to the Finaneial Statements - conlinued foi. tlic Year Ended 31 March 2024 ACCOUNTING POLICIES- continued Basis of prcparing the financial statements (i) Leascs Assets acquired under finance leases are capitalised and depreciated over tlie shoi'ter of Ilie lease terin aiid tlic expected useful life of the asset. Minimiim lease payments al'e apportioned between Ilie finance cliarge and the rediiction of the outstandiiig lease liability using tlie effective iiiterest Inethod. Tlie related obligations, net of future finance cliarges, are iiicluded in creditors. Rentals payable and receivable under operatiiig Icases are charged to the SOFA on a sti'aighl liiie basis over the period of tlie lease. (k) Tax No provision is required for taxation as the coinpany is defined as a cliarity for taxatioii purposes. Tlie cliai'ity is a i'egistered chai'ity aiid so such is entiiled to certain tax exeinptioiis on incoine and profits fi'oim investments and sui'pluses oli any Iradiiig activilies carried on in furtlicraiice of the cliai'ity's primary objectives, if these profits and surpluses are applied solely for chai'itable pui'poscs. (l) Gofing concern Tlie fiiiancial statements have been prepared on a going concern basis as the trustees believe that no Inatei'ial uncertainties exist. Tlie trustees liave considered the level of funds held and ihe expected level of income and expenditure for 12 months fi'om autliorising these financial statetnents. Tlie budgeted iiicome and expenditure is sufficient with the level of reserves for tlie charity to be able to contiiiue as a going concern. (m) Judgemenls estimates The following judgements iiicluding those involving estimates that liave been Inade iii tlie process ol applying tlie above accounting policies that have had the most significant effect on the ainoiiiits recognised in the financial stateinents and that have a significant risk of causing a material adjustment to the carrying ainounts of assets and liabilities within the next financial year: (i) depreciation Inethod and asset useful lives The estiinates and assuinptions are reviewed on an ongoing basis considering the current and future market coi)ditions. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset ovei. its estimated useful life. Taxation The charity is a registered charity and so such is entitled to certain tax excmptions on income and profits from investments and surpluses on any trading activities carried on in furtherance of tlie charity's primary objectives, if these profits and surpluses are applied solely for cliaritable purposes.charity 28 continued...
Colin Nei hbourhood Partnershi Notes to the Financial Statements- continued for the Year Ei iided 31 Mai'ch 2024 ACCOUNTING POLICIES - continued Fund accounting The Chai'ity has various types of funds for which it is responsible. and which requii'e sepai'ate disclosiii'e. These al'e as follows: (i) Restricted Funds Gi'aiits oi. donations received. wliich are earmarked by the donor for specific purposes within tl)e overall aims of the orgai)isation (li) Uni'estricted Fiinds Fiiiids whicli al'e expendable at ihe discretioii of the Directors in furtlierance of tlie objects of the cliarity. Such fuiids may be held in order to finance capital investinent and working capital.trustees Penslon costs and other post-rctircment bencfits Tlie charitable company operates a defined contribution pension scheme. Contributions payable to tlie cl)aritable coinpany's pension sclieine are charged to the Stateinent of financial Activities in tlle period to wliicli tlicy relate. DONATIONS AND LEGACIES 31.3.24 31.3.23 Donations 89,151 54,998 OTHER TRADING ACTIVITIES 31.3.24 31.3.23 HLC Revenue 8,246 INCOME FROM CHARITABLE ACTIVITIES 31.3.24 31.3.23 Activity Grants Receivable Grants 1,009,859 1.085,866 Grants received, included in tlie above, ale as follows: 31.3.24 31.3.23 Belfast City Council Public Health Agency National Lottery Fund Departin¢nt for Communities SEH&SC"r Teo Urban Villages Initiative Education Autliority SE Region SEUPB 46,232 77,953 40.000 383,112 153,636 249,049 27,111 (3.986) 41,937 93,163 10,000 397,355 130,535 346,189 10,500 (8.084) Carried forward 973,107 1,021,595 29 continued.
Colin Nei hbourhood Parlnershi Notes to the Finaneial StAtements - continued for the Ycar iidcd 31 MaA'ch 2024 INCOME FROM CHARITABLE AcfiviTIES- continued 31.3.24 31.3,23 Brought forward Coininiinity Relations Council Comiiiiiiiity Foundation BCC Festival of Learniiig NSCCT Crescendo Univei'sity of Ulster Nl Housiiig Execulive Volunteei. Now Mens Shed Cleai. Project Fedci'alioii of Family Practices 973,107 1,021,595 449 9.740 940 20.000 25,984 6,733 425 16.115 7,817 7.742 5.078 1,009,859 1,085,866 CHARITABLE ACTIVITIES COSTS Support cosls (see note 6) Direct Costs Totals Direct Charitable Expenses Governance 1,003.241 15,881 8,853 1,019,122 8,853 1,003,241 24,734 1,027,975 SUPPORT COSTS Governance costs Finance Totals Dii'ect Cliaritable Expenses Goveriiance 1,178 14,703 8,853 15,881 8,853 1,178 23,556 24,734 30 continued...
Colin Nei hbourhood Partnershi Notcs to thc Financial St2tements - Continued foi. the Year Ei ndcd 31 March 2024 NET INCOMEI(EXPENDITURE) Net incomel(expenditure) is stated after chargingl(crediting): 31.3.24 31,3.23 Auditoi's, remuneration Depi'eciation - owned assets 4,800 9,902 5,160 10,190 TRUSTEES, REMUNERATION AND IJENEFITS There were no trustees, remuneratioii or otlier benefits for the year ended 31 March 2024 nor foi. the yeai. elided 31 March 2023. Trustees, cxpenses Tliei'e were no trustees, expenses paid foi. the year ended 31 March 2024 nor for tlie year ended 31 Marcli 2023. STAFF COSTS 31.3.24 31.3.23 Wages and salaries Social security costs oilier peiisioii costs 418,815 40,146 24,865 439,818 44,649 24,157 483,826 508,624 The average monthly niimber of employees during tlie year was as follows: 31.3.24 14 31.3.23 14 CNP Staff No employees received emoluments in excess of £60.000. The key management personnel of the charity comprise of the Chief Executive and the Finaiice Manager, The salaries paid to key management personnel during the year totalled £108,041. (2023: £111,173) 31 continued...
Colin Nei hbourhood Partnershi Notes to thc Financial Statements - continued foi. tlie Yeai. Ei nded 31 March 2024 10. TANGIBLE FIXED ASSETS Fixturcs and filtings Freehold property Plant and macliiiiery COST At l April 2023 and 31 March 2024 50,412 82,331 51,862 DEPRECIATION At l Api'il 2023 Charge for year 21,684 756 64,126 7,367 49,280 657 At 31 March 2024 22,440 71,493 49,937 NEIT BOOK VALUE At 31 March 2024 27,972 10,838 1,925 At 31 Marcli 2023 28,728 18,205 2,582 Motor vehicles Coinputer equipineiit Totals COST At l April 2023 and 31 March 2024 77,040 71,129 332,774 Dfi.PRECIATION At l April 2023 Charge for year 76,046 249 69,212 873 280,348 9,902 At 31 March 2024 76,295 70,085 290,250 NET BOOK VALUE At 31 March 2024 745 1,044 42,524 At 31 March 2023 994 1,917 52,426 Freehold property includes the followii)g Clooiia House. 31 Colin Road, Belfast. BTI 7 OLG This property was donated to Colin Neighbourliood Partnership in March 2014. Healthy Living Centre, Colinglen Road, Belfast. BTI7 OLR. 32 contiiiucd...
Colin Noi hbourhood Partnershi Notes to the Financial Statements - continued for tlie Year Ei iidcd 31 March 2024 11. DEI BTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Ti'ade debtors Pi'epayincnls and accrued income 90.590 125,544 13,075 186,883 2l6,134 199,9S8 12. CREIDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3 l.3.24 31.3.23 Trade ci'editors Pensions Otlier creditors Acci'uals and deferred income 90,228 2,551 1.588 5.000 47,875 2,858 3,204 6,127 99,367 60.064 13. ANALYSIS OF NET ASSETS BETWEEN FUNDS 31.3.24 Total funds 31.3,23 Total fiiiids Unrestricted Restricted fund fiinds Fixed assets Cui'rent assets Curreni liabilities 3,119 171,525 (11,080) 39,405 726.006 (88,287) 42,524 897,531 (99,367) 52,426 721,878 (60,064) 163.564 677,124 840,688 714,240 33 continued.
Colin Nei hbourhood Partnershi Notes to the Financial Statements - conlinucd for the Year fi iided 31 March 2024 14. MOVEMENT IN FUNDS Net Inovemeiit in funds At 3113124 At 114123 Unrestricted funds General fuiid 130,330 33.234 163,564 Restricted funds Arts aiid Culture Health for All Geiiei'al Good Morning Colin Youtli Strategy Big Loltery Allolineiit Dairy Farm Centre Compensation 94.999 349,115 26,540 54.582 1,239 2.826 3,628 50,981 67,864 (14,424) 25,975 8,973 2,241 162,863 334,691 52,515 63,555 3,480 2,826 6,283 50.911 2.655 (70) 583,910 93,214 677,124 TOTAL FUNDS 714,240 126,448 840,688 Net moveinent iii fiinds. included in the above are as follows: liicoming resources Resources expended Moveineiit in funds Unrestricted funds General fuiid 81,839 (48,605) 33.234 Restricted funds Aits aiid Culture Health For All BRO General Good Morning Colin Youth Strategy ASlotment Dairy f4arm Centre Compensation 127,388 282,833 334,425 91,65) 74,082 69,491 68,714 24,000 (59.524) (297,257) (334.425) (65,676) (65,109) (67.250) (66,059) (24,070) 67,864 (14,424) 25,975 ,973 2,241 2,655 (70) 1,072,584 (979,370) 93,214 TOTAL FUNDS 1,154,423 (1,027,975) 126,448 34 continued...
Colin Iyei libollrhood Partnershi Notcs to thc Financi21 Statcments - continued for tlie Ycai. li ndcd 31 March 2024 14. MOVEMENT IN FUNDS- continued Comparatives for movement in fund5 Net movein¢nt in fuiids At 3113123 At 114122 Unrestricted funds Genei'al fund 132,423 (2,093) 130,330 Restricted funds Arts aiid CultLire Healtli For Al I General Good Morning Colin Yoiith Strategy Big Lottery Allotiiient Dairy farm Centre Compensation SIF 42,612 383,396 531 63,929 1,399 52,387 (34.281) 26,009 (9,347) (160) 2.817 3,628 408 (1,971) 94,999 349,115 26,540 54,582 1,239 2,826 3,628 50,981 50,573 1,971 544,420 39,490 583,910 TOTAL FUNDS 676,843 37,397 714,240 Comparative net Inovement in funds, included in the above are as follows: Incoming resources Resources expended Movement iii funds Unrestrieted funds Geiieral fund 36,057 (38,150) (2,093) Restricted funds Arts and Culture Health For All BRO General Good Morning Colin Youth Stralegy Big Lottery Allotment Dairy Farin Centre Compensation SIF 235.826 275,861 345,700 60,303 29,757 110,740 2,900 81.493 24,497 (183,439) (310,142) (345,700) (34,294) (39,104) (110,900) {83) (77,865) (24,089) (1.971) 52,387 (34,281) 26,009 (9,347) (160) 2,817 3,628 408 (1,971) l.J67,077 (1,127,587) 39,490 TOTAL FUNDS 1,203,134 (1,165,737) 37,397 35 continued...
Colin Nei hbourhood Pai'tnershi Notcs to the FinAnciAI Statcments - Continued for tlie Year Ended 31 March 2024 15, RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2024. 16. WINDING UP Evel'y member of the Company undertakes to contributc to tlie assets of the Compaiiy, iii tlie event of tlie saine being wouiid up wliile it is a ineinber, or witliin one year after it ceases to be a Ineinbei., foi. payinent of Ilie debts aiid liabilities of the Company contracted before it ceases lo be a meinber, aiid of the Costs, cl)arges aiid expeiises of wii)diiig up, and for tlie adjustinent of the rights of tlie coiitributoi s ainong tlicinselves, sucli ainount as inay be required nol exceeding one pound. 17. SHARE CAPITAL The Company is Limited by Guaraiitee and lias no Share Capital 36
Colin Nei libourhood Partnershi Detailed Statement of Financial Activities roi. tlie Yeai. li nded 31 Mareli 2024 31.3.24 31.3.23 INCOME AND EI NDOWMENTS Donations and legacies Donations 89,151 54,998 Othcr trading activities 14LC Revenue 8,246 Charitable activhlies Gi'aiits 1,009,859 1,085,866 Othei. iiicomc Otlier Iiicoinc 47,167 62,270 Total incoming resources 1.154,423 1,203,134 IXPENDITUR Cliaritable activilics Wages Social security Pensions Rates aiid water Insurance Liglit and heat Teleplione l)ostage and stationery Advertising Siindi'ies Repairs and Maiiitenance Subscriptioiis Cleaning Pi'ogramine Costs Maiiagement fees Repaid to Funder Motor Expeiises Travel and Subsistence Hospitality Staff Training and Welfare Volunteer Expenses 418,815 40,146 24,865 4,644 12,950 21,977 7.549 526 600 1,349 17,085 1,345 3,799 411,739 24,000 305 2,613 3,453 548 1,893 3,040 439,818 44,649 24,157 7,590 12,433 20,306 7,160 590 2,542 26,052 320 6,661 481,195 24,000 28,742 3.916 4,079 304 107 3,320 1,003,241 1,137,941 This page does not form part of the statutory financial statements 37
Colin Nei hbourhood Partnershi Detailed Statement of Financial AetRYitie5 for the Year nded 31 Mai'ch 2024 31.3.24 31.3.23 Supporl costs inAnee Baiik charges 1,178 1,472 Govcrnancc costs Auditors, reinuneration Computei. Costs Professional Fees Fi'eeliold property Plaiit aiid Inachinei'y Fixtures aiid fittiiigs Motor vehicles Coinputer equipmeiit 4,800 8,133 720 756 7,368 657 249 873 5,160 9,474 I,soo 756 7,369 861 331 873 23,556 26.324 Total resources expended 1,027,975 1,165,737 Nct income 126,448 37,397 This page does not form part of the statutory financial statements 38