Charity Registration Number N1100141 Company Registratlon Number N1031276 {Northern Ireland) FORTH SPRING INTERCOMMUNITYGROUP ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH2023
Charity Reglstratlon Number N1100141 Cornpany Reglstratlon Number N1031276 (North6rn Ireland) Page Legal &Admlnlstratlve Information Trustees, Report 2-10 Accountant's Report Statement of Financlal Activities 17-19 Statement of FinanciaL Position 20 Notes to the Flnancial Statements 21-28
FORTH SPRING INTER COMMUNITYGROUP LEGALAND ADMINISTRATIVE INFORMATION Trust88S E Petersen Chair C Fitzpatrick Secretsry Drj Meegan H Smtth D Harvey C O'Dohety DQulnn L O'Lynn J Chalk Resigned 1" March 2023 Reslgned 14" March 2023 Charlty Number N1100141 Company Numb8r N1031276 Prlncipal Address 373-375 Springfleld Road BeLfast BT12 7DG Reglstered Offlce 373-375 Sprlngfield Fload UnityTrust Bank Belfast BT12 7DG Accountants DMW Accountants {20111 Ltd Townsend Enterpri88 P8rk Townsend Street Belfast BT13 2ES Bankero UnftyTrust Bank 9 Brlndley Place Blrmlngham 812HB Sollcltors A&L Goodbody Northern Ireland 4246 Fountsin Street Belfast BT1 SEF
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR EI¥DKD 31 MARCH 2023 The Trustées present their annual report 8nd flnancialstatementsfortheyear ended 31 March 2023. Theff nancial statements have been prepared in accordancewtththe accounting policies set out in not8 1 to the financlalstatements and complywith the Charities Articles ofAssociation, the Compani8sAct 2008 and Accounting and Reporting by Charities: Statementof Recommended Practice applicableto Charities preparing their accounts in accordance with the Financi81 Reporting standard applicable in the UK and Republic of Irèland {FRS 102) (effective 1 January 2019} ObJectbve8 and Actlvitles The purposeforwhich Forth Springinter Community Group is established can be summarised as uslnga communitydevelopm8nt approachto improvethe condltions oflife of local residents, to improve socisl cohesion and community relations inthe area. The dlrect benefltsflowlngfrom the purpose include Improvem8nt8 in ar888 of socialwelfare such as improved h88lth and educatlonal outcomesthroughthe provlsion of progr8mmes and suppon. support for those In need and support forthe aged as well as Improved communlty relatlons In the Sprlngfleld Road area of B81fast and wlder areas. Further ben8fit8 include improv8ffl8nts in social ¢ohesion, ¢ommunity retations 8nd 8ccess to facilitie$ Inam81ythè localcommunitycentre) Forthspring¢re8tes Bcce8Sto programmeswhich address identified needsfor8l18ge groups Such 8S children'g and youth prograrnmès. arts-based. soclal and gardenlng programmes. Another direct benetit Isth8 en¢ouragement and Increased motivatlon amongst Ioc8l peopletoget Involved in thelrcommunity and brlngabout change. These benefits will be evidenced through feedbackfrom partlcipants who take part In actfvitles and programmes organised and dellvered withln the centre such as children's and young people's8Ctivitles, health and education81 activities, older people's programmes. community development and citlzenship progr8mmes. In some instances independent evaluatlons of actlvltl89 8r8 co118Cted. recorded and analysed for impact, We wlllalso record the levels of particlpatlon In crosscommunityactlvityand the number of programmes and actlvitles offgred at our shared facllity. A public AGM wlll be held yearly. On a qu8rt8rly basis the organlsatlon wlll produce a newsletter that will be dlstrlbuted wldely. The direct beneficiaries are local resldents of the wlder sprlngfield Road area ol Belfast. The only private benefit flowing from thls PUTpose Is incldentsl and necessary. In order to dellver the 8Ctlvlties to achieve the purpose, trustees end staff may receive training and an Increase In skills as a result of being involved with the charity. Th8 Trustees h8V8 paid due regard to guldance Issued bythe Chartycommlssion In decidingwhat activitiesthè charityshould undertake.
FORTH SPRING INTER COMMIJNITY GROIJP TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORD (CONTll¥UED) FOR TEtE YEAR ENDED 31 MARCH 2023 Achlfjvemonts and Perfonnance This has been a signlfl¢antyearforu5 at Forthsprlng. We have marked our25th birthday looklng backwith gratitude at a quarterof a centuryofcross community pea¢ebuildingworkthrough awhole varietyof programmes which remain strongand purposéful 2nd impactful in our community. We are gratefulto those involved In Springfield Road Methodist Church. thè Cornerstone Communlty and the Currach Community who had thevlslon to establish a new communlty prolect and to resource with theirtimeand encouragementfor manyyears. It is a tributetothe various board members, st8ff rnembers and participants in the project that 26 years later we are still moving forward as a project and celebratlng our resilience and pers8veran¢e. All ofour projects have continued gnd sustoined theirwork and we were abletotak8 partin Good Relations weekto mark our anniversary. Thanks too to ourfunders who have again demonstrated theirconfidence in our pertormance goingforward. Thetruste8s also wish to éxpress their 8pprecl8tionto all rnembers ofthe staff team andto ourvolunteers forthelr commitment and creativity in fulf illing their roles within Forthsprlng. It has been a ch811englngyearfor us also as w8 saw ourdlrectordepart and an interlm dlrectorwas appolnted to see us through the Challenges of an uncertaln and Increaslngiy Competltlve funding landscape. We have also been made awarethat Belfast Central Mission. the owner$ of our building, wlsh to sell the 8$8et to us, which we are grateful for although the significant increase in rent 8nd challengos of r8lsing the flnance to purch8se the propety have Placed us under consld8rable pr8ssure. Our highlights this year include: Celebration of our25th anniversary Consistent attendances of chlldren at creatlve free play sessions Local and Internatlonal volunteers Involved in our projects Signlficantengagementwith ourdetached youth workers across our community Meanlngful Interventlonswlth chlldren 8nd youn8 peopieonllne and faceto face throughout the year Adult counselling sessions to support family wellbeing Self care, massage, reflexology. and wellbeing se8sion8 Exercise classes. adult education 2nd online accredtted courses Exc8118nt S8rvlce year feedback across all progr8mm8 areas through robust ev8luations. New members of our board signlflcant partnershlp worklngwlth many dlfferent groups. Programme Work.. Our programmework rem8insfocused and purposeful. We are gr8tefvl for dedicatedteamsofsraff and voluntéers who dellver a rich broad offerlngof programme across the organlsatlon, both centre b8sed and out into the communityand into the 8treets. We continue to meet ourt8rgetS and regularly celebrate good news storie8 oftr8nsform8tion 8nd change. Atthe heart of 8U ofour programme8 is r81ationship buildingand after26ye8rswe are firmly rooted in our communityand trusted by peoplewho continueto access our service. We are also beginningto consider our strategtc dlrection forthe next three years as we take ownership of the building and ar8 currently developingvision for new project8 which wi(Itake our programme forward.
FORTH SPRING INTER COMMUIYITY GROUP TRUSTEESI REPORT ONCLUDING DIRECTORS, REPORT) (COIYTINUED) FOR THE YEAR ENDED 31 MARCH 2023 MUMO: The core partnershlp group went from strength to strength between Movlng Up Movlng On IMUMOI and- St Clare's Primary School Springfield Primary School Relate Nl MUMO'swork contlnued to be guided by the amazlng MUMO Advtsory Parents Group who nevercease to amaze staff with their creativity, commitment and fantastic programmlng ideas. Two members of this group fepresent MUMO on the board Of Forthspring Inter Communrty Group. Throughout the year, exciting new partnerships were developed and existing partnership5 strengthened Including with.. Family Support Hub5, Grow Nl, Full Service Community Network IFSCNI. Participation and the Prartice of RiEhts, Belfast Chlldren's Festival, Northern Ireland Science Festival- Storehouse and Educatlon Matters. In-school work has been essential, focused, strateglc and effective- Ilteracy and numeraty support, frlendshlp 8roups, nurture groups, photo journalln& team challenges. mindfulness, walking challenges. Relate Nl delivered counsellin8 proEramme in the two schools. Schools. work has grown through partnerships wlth new primary schoo15 who hosted P7 transltlon programmes which MUMO'5 children's supportworker delivered in partnership with FSCN. Throu8hout the year, MUMO welcomed the Playgroup In Springfield Primary School and the P6 class In St. Clare's Primary School, teachlng chlldren how to plant• grow and harvest food. MUMO'S work has been a lifeline for many parents with wellbeing workshops, exercise classes. gardenln& a 5in8in8 programme, accredlted programmes, cookln& and monthly Family Matters sesslons where families did an activity and ate together. Throughout the year, MUMO was Increasingly asked to help participants with devastating cost of living crisis. Working wlth Family Support Hubs and other providers, MUMO was able to dissemSnate food and energy vouchers to local families throughout the year. Youth Matters: Qur youth programmes have returned to thelr usual deltvery With ourjunior and senior groups in centre engagingwith a wide and creatlvevarlety of programming, alongside ourdetached youth workwith our highly qu8lifi8d and experlenced team ofyouth workers connectin8Wlthyoung poople in various locations around our cornmunity. We have a very experienced programme man8ger and 8 regut8rt8am of fouryouth workers comrnltted to dellverlngto 8 signiflcant numberof young people acros8 ourarea. Our young people ieally apprecl8te building relatlonshlps through ourwork. One sald "If Forthspring wasn't a thlng, I neverwould have met friendsfrom the other8id8 of the peace wall. I wouldn't have even known Brannagh and Niamh who 8re myclose8tlriends- JunlorYoLrth club took place on Tue$d8yand Frlday evenlngs and came backstrongiythlsyearwith Senioryouth club happening on Wédnesdays and Thursday9. It was an eventfulyear with a visitfrom the Chlldren's Ccrnmission8r Koulla Ylasouma and 8 very busy Summerscheme through Julyand August, Involving 8 variety of creative activitSes and trip5. Our Halloween roller dlsco was partlcuiarly memorable. And our Reach Your Peakwellbeing piogr8mme brought a sens8 of adventureto our Senior group. Drum clrcles, Ice skating. movle nlghts, art projects, first aid tralning, Dance wlth Diverslty. Lad's group and Youngwomen's group, and Breakthe biasfocustor InternlonalWomens' Day. It h8s been o busytimg in Youth Matters and 8 productiveyear ofwork undertaken by Duryoungpeople.
FORTH SPRING INTER COMMUMTY GROIJP TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Springers: Springers continued to provide high quality childcare duringterm time and full day cover over holiday times. We have drawn children from our two local schools St Clare's Primary. Springfield Primaryand 81so from Cliftonvllle Prlmary. We have offered a widg varigty of activities and trlps, includlng arts and crafts, a very busy summer scheme. visiting Mowl8m Park, Belfast Zoo. Newcastle. Bangor, cookingsessions. and a combined trip with MUMO and Youth Matters to Carnfunnock Country Park. We support the children in completingtheir homework and encourage the older chlldran to be mole Ind8P8ndentby helplngwlth snacks and actlvltles. Our German volunt8er dld German weekwlth the clilldren and we contlnu8 to off8rp18cements for ¢hiL(Icare trainees. Our play coordinator and 88S1Stant pL8y coordinator h8ve completed further training in Child Protection and First Aid. Our assistant Play coordinatorwas studyingtor h8r level five Diplom8 in Leadership for the Children and Young People'sWorkforce- E8rlyYe8rs IAdvÉnoe Practice) Communrty Groups: Forthspring is a focused communlty space open to 8Uwithin ourcommunity. We areverygrateful and supportlve ofthe varlous groupswhlch use ourfacilitles. The ert group. thetea dancers. Autism Nl and Ats us Nal mental health support group foryoung people contlnue to meetas well as other community events. Our communitygarden was well used byvarlous groupswlthSn ourcommunlty. Internal Governsnce: We remain very gr8tefultO 811 of our board members forthelrtlme and commitmentto the work at Forthspring. The challonges of Leadinga ¢omrnunitygroup are slgnificant currentlyand wethankour trust88sfortheirwillingnes$ to 8nabl8 Forthspringto continue to serve ourcommunity. There has been much forthe board to reflect on aswe endeavorto purch8s8 our building8ndwe are currently conslderlng pursulng Europ88n capltalfundlngthrough SEUPB. We contlnueto develop oUrStratec p18n in response tothe challenges ofgrowth we are facing. We remain committed alsoto growlngour board and addingfurther skilLs and experienceto our existingcapacity in a numberof produotive convers8tions gboLrt ftrture dlrection. We also engaged In some Mlndset tralnlngfacllitated by one of our board members. Building M8inten8n¢e: We have tocused on Health and Safety in the buildingthlsye8r. recelvlngdetailed reports from Citation whlch we have studied carefully and impl8ment8d their recommendations, We are aw8re ofthe age of ourbulldlng and the challengeswe will incr8asingiyfac8 Sn thefuture with th8 agingf8bric around us. We are committed to provlding8 Warm, comfortablé, safe space for all of our partlcipants and staff. Extern8l Rètationshlp8: Belfast Multl cultural Assoclatlon have contlnu8d to share our buildlng, offerlng practlcal supportto many Muslim families in and beyond our communlty. We have developed a solid friendship wfththem which wewiLl¢ontinueto pursue in th8 future. Our partnership with Clty Life Projects contlnu8sfor Dep2rtmentforCommunitles shared fundin&we also enjoy a wide and growingnetwork of re18tionships in ourcommunity, beingpartofthe Communlty Safety Partnership. the Clonard Mld-shanklll Initiative and two local Famlly Support Hubs. Partnerships are too extensfve to mentlon here, but span communlty and voluntary. educatlonal, statLrtory. rlghis based, creative and buslness sectors.
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED) FOR THEYEAR ENDED 31 MARCH2023 Staff and Volunteer8: Ourstattteam remains as committed as everto the mlsslon and vlslon of Forthsprlng. We have a regular rhythm of meetlngs ofte8m leaders. full staff. and indwidu818taff team8 forthe different aspects ofth8 work. We oontinue to enjoy significant input trorn our internatlonal and Ioc81 volunteers, supportlngthe staff in a wide variety of projects and initiatives. Our relationship with Eiren8 in Germany. a volunteer Sending organisation, has been in placefor manyyears now and we hope thiswillcontinue. Financial revlew The results are Set out in detailon pages 17 to 28. The charity returned nèt outgoing resourcesforthe year of £1699.00 (2022- net outgoing resources of £1.967) leaving unrestricted funds of 245,551 12022- £43,852} and restricted funds of É276,134 (2022- £276,134). The directors con8iderthat the unrestricted funds of the charity have sufficient resources and assets available which are adequate to fulfill thelr oblig8tion8. It Is the pollcy of the charltythat unrestrlcted funds whlch have not been deslgnated for a speclflc use should be malntalned at a levelequlvalentto between three and six month's expenditure. The trustees consider that reseNes at this level will ensure that, In the event of a slgnlflcant drop In fundlng. they will be able to continue th8 ch8rty's curr8nt actlvities while Consideration Is given to ways in which additional funds mBybe ralsed.Thls level of resetV8s has been malntained throughoutthe year. The trustees have assessed the major risks to whlch the charity is exposed, and are satlstl8d that systems are in Place to mltlgate exposure to the m8Jor rlsks. A comprehensive rlsk registerwas carrled out In 2021. Thls Is revlewed annually.
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES, REPORT(INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THEYEAR ENDED 31 MARCH 2023 Our Organisation The Trustees will continue to develop an effectlve organizatlon. We intend to grow and strengthen the board wlth suitably qualified and experienced newmemb8rs. We are In th8 process of r8vi8wlng Current staff roles which will lead to a restructuring of the charlty for a more effectlve delwery of servlces. We antlclpat8 the arrival of new staff to facllitate our growth as an organlsatlon. We intend to conduct a r8Vtew of our core documents and policies to ensure thatwe are an organlsation which is healthy and fit for purpose. We will continue to review and refine our strategic plan and develop an operational pian and business plan to rneet our current objectives and to seeknew opportunitiesto see our work mov8 forward effectively. Our Partnershlps We will contlnue to stren8then and develop existlngand new strateglc partnershlpswlth oth8rgroups 8nd agencies. We wlll continue to develop our reLationshlps wilh 8 wide and growing range offunders across allsectors. We wilLfocus on building effective partner8hips in government andwith keyagencies wlth responslbility for peace building.familysupport and Community development. We wlllcontlnue to develop our strong networks In the communltleswherewe are sltU8t8d and be listening and responsive to their expressed need8 and challenges. We Intend to pursue Internatlon8l P8rtner$hlps including cross border and In other countries for the development of interestingfuture projects. We Intend to pursue cross border and Internatlon81 partnerships forthe development of innovative and interesting fufure project8. Ourcommunlcatlons We intend to be much more focused on the dellvery of8n effective and imp8CtfvI marketlngstrategyio false our profiLe in ourown community an(1 beyond. We willtell relevant and appropriate 8torles8bout the change ourwork has broughtto manywho use our services. We will develop the use of a broad range of medla to communicate our work mor8 clearly and effectlvely. We willdevelop a digital rnark8tingpian as we move forward. Wewill seekto develop 8 coherentand unrted br8nd acros8 the various 88pe¢tsolourwork W8 will develop a range ot promotional strategies to enhance th8 proflle ofour workand develop a clear and Informedvoice In keepingwith ourvision as an organls8tlon.
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES. REPORT(INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THEYEAR ENDED 31 MARCH 2023 Our Programme8 Wa intend to develop our exlsting programmes whlch offersignlflcant supporttofamllles and young people. There Is the potentlal to extend the influence and opportunities for our existingwork to develop more wldelywhi¢hwewill explore and encourage. Wewtll develop newand Innovatlve programmesto promote our pe8ce bulldlng mlsslon across our communlty. In particularwe intend to revlslt our Flve Decades Prolectand build on these foundations with our new Future Decades Projectwhich wlllseekto collectand glve volce tothe hopes and dre8rnS forthefutur8 of our Gommunity. We int8nd toensure appropriate access to ad8qUate facilities and resourcesto 8llowusto develop and expand ourservices. We intsnd to pursuethe purchase and redevelopmentof ourcurrent buildingand site. Our Interface Work We intend to actively8ngage with issues within the interface area where we are located. We will design a speclflc strategyto Involve our local communlty, government and relevant authoTlties in conversation about a positive visionary future for the interface around us. Wewillfurther refine and implement our business plan and te8sibllity Studyto dev8lop our buildingand context In awaythat wlll enhance oursejvlcesto the community. We will network widely and representatively across our communityto listen carefully to a range of perspectlves and hope5 for a better less dlvlded future. Slructure, Governance and Management The charlty Is a company limited byguarantee, registered wlthth8 Charitycommlssion forNorthern Ireland and a regist8r8d charity fortaxation purposes. It Is run by a board of dlrectors. Thetrustees. who are also the direGtorsforthe purposeof company law, andwho served durlngtheyear and up to the date of signature of the financlal statements were: E Petersen Chair C FitZP8trickSecretary Drj Meegan H Smlth C O'Doherty D Harvey DQulnn LO'Lynn Re81gned 1st March 2023 J Chalk Resigned 141h March 2023 None of thetTUStees has any beneficlal Interest In the company. Allofthetrustees are members ofthe company8ndguar8nt8eto contribute £1 in the eventof awinding up.
FORTH SPRING INTER COMMUNITYGROUP TRUSTEES, REPORT(INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Key Management Personnel R8mun8r8tlon The board considerthe board ofdirectors and the senlormanagementteam as comprisingthe key m8n8gement personnel of the charity in charge of directing and controlllng the charlty and running and operatingthe charlty on a dayto day basis. ALI board members giveof theirtime freely and no board remuneration was pald in the year. Board members are requiredto disclose all relevant confllct of Interests and register them at each monthly board meetlng and in accordancewith the charitys policywithdrawfrom decislons wher8a conflict of interest arlses.
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES. REPORT{INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THEYEAR ENDED 31 MARCH 2023 Statement of Trustees. Responslbllltle$ The irustees, who are also the directors ot Forth Sprlng InterCommunltyGroup forthe purpose of company law. are responsible for preparing the Trustees, Report and the f inancial statements in accordance with appllcable law and Unlted Klngdom Accounting Standards (United Kingdom Generally Accepted Accountlng Practice). Company LawrÈquir8Sth8 trust88Sto prepare flnancialstatements for eachfinancialyegrwhich giv8 8 true and fair view of the state of affairs of the charty and of the incoming resources and application of resourc8s. Includlngth8 Sncome and expendlture, of the charitable companyforthatyear. In preparingth8sefinancial ststements, thetrustees 8re r8qulr8d to: select suitable accounting pollcles and then apply them conslstently. -observethe methods and prlnclples in the Charities SORP 2019 {FRS102); make judgements and estimates th8tare reasonable 2nd prudent: and prepare the financial statements on the going concern basis unLess it is inappropriate to presume that the charity will continue In operation. The trustees are responsible for keeping adequate accounting recordsthat disclose wilh reasonable accuracy at any lime the flnanclal posltion ot the charity and enable them to ensure that the financlal statements complywith the CompaniesA¢t 2006. They ar8 atso responsibl8for safeguardingthe assets of the charity and hence for taking reasonablestepsforthe prevention and detection offraud and other irregularlti8S. Audltor The auditor. DNWAccountants (20111 Ltd, Is deerned to be appolnted under sectlon487{2} ofthe Comp8nles Act2006. This report has been prepared In eccordance wlth Ihe provlslons 8PPll¢able to companies enti118d to the small cornpanles, exemptlon. Di8clo8ure of Informatlon to Audltor Each of th8 trustees has conflrmed that there Is no Informatlon of which they are aware which Is relevant tothe audlt, but ofwhlch theaudltor Is unaware. They havefurther confirmed that they havataken appropriate steps to Identify such relevant informetion and to establish that the auditor is aware of such Inlormation. TheTrustees' Report was approved by the 8oard of Trustees. C FittpatrlGk Tru8taè -10-
FORTH SPRING INTER COMMUNITYGROUP INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF FORTH SPRING INTER COMMUNITYGROUP Oplnlon We have audhed the flnancial statements of Forth Spring Inter Communlty Group Ilhe'charity") forthe year ended 31 March 2023 which comprisethe ststement offinancial activities, the statementof financ181 position and notes to the finan¢iaL stataments, including significant a¢counting policies. The flnancial reportingfromeworkth8t h8s been applied in their preparatlon is appiic8ble law and United KlngdomAccountlngStandards. Includlng Flnanclal Reportlngstandard 102The Financial Raportlng Standard appllcable Inthe UK and Republlc oflreland Iunlted Klngdom GenerallyAccepted Accounting Practice). In our oplnlon, the financl8l stataments: - live 8 true and fairviewofthe state of the charitsbLe company's affairs as at 31 March 2023 and of it8 incoming resour¢es and application of resources, includlng its incorne and expenditure. for the year then ended; have been properly prepared in accordance wlth Unlted Klngdom GenerallyAc¢epted Accountlng Practlce; gnd have been prepared in accordance with the requirements of the Companies Act 2006. Basls for Opinlon We Conducted our audit in accord8nce wlth Internation81 Standards on Auditing {UKI IISAS (UK)) and applicable law. Our responsibilitles under thoso 8t8ndard8 ere further described in the Audltofs responslbiltfies for the 8udit of the financial statements sectlon of our report. We are Independent of the charlty In accordance with thé ethical requlrements that are relevant to our audlt of the fin8ncial statement8 In the UK, includingthe FRC's Ethlcalstsndard. and we have fulftited ourother ethlcal responsibilities in accordance wlth these requiremgnts. We believe that the audit evldence we have obt8ined is sufficient ana appropri8te to provide 8 b8sis for our opinion. ConcluBlon8 relatlngto Golng Concern In auditingthe financialstatement$, we have concluded thatthetrustees, use ofthe goingconcern basls of accountlng In th8 prep8ration of the financial statements Is approprl8t8. B8sed on the work we have performed, we have not identified 8rny material uncertalnties relatlngto events or condttions th8t. individually or collectively. may cast signrflcant doubt on the charitys abitityto continue as a goingconcern for a period of at leasttwelve monthsfrom whentheflnancial ststements are authori8ed for issue. Our responslbilities and the responslbilities of the trustees with respect to going concern are descrlbed In the relevant sections of this report. -11-
FORTH SPAING INTER COMMUNITYGROUP INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF FORTH SPRING INTER COMMUNrrY GROUP Other Inlormatlon The other information comprises the information included in the annual report oth8rth8n the financlal statements and our auditor'8 report thereon. The trustees are r8sponsibl8 for the oth8r information contained within the annual report. Our oplnion on the flnanclal statements does not cover the Other Informatlon and, except tothe extent otherwise explicitly stated in our report, wo do not express any forrn of assurance conclusion thereon. Our responslbility is to read the other information and, in doing so. conslderwhether the other information is materially inconsistent with the financi81 statements or our knowledge obtained in the course of the audit. or otherwise appears to be materially mlsstated. If we identify such material Inconsistencies or apparent m8terial mlsstatements. we are requlied to determine whether this gives rise to a material mlsstatement In the financial statements themselves. If. based on the workwe have perforrned, we concludethatthere Ss a materlal mlsstatement of this other Information, we are rgquir9d to report that fact. We have nothingto report inthis regard. Oplnions on other matter8 proscrlbed bythe Companie5 Act2006 In ouropinion. based onthework undertaken in the course of ouraudit: the 5nformation given In the trustees. report forthe tlnancial year for which the financial statements are prepared, which Include8the director8, report prep8redforthe purpose8 of company law, 18 con8iStent wlth the financialstatements; and -the dSrectors' report Includedwithin thetrustees, report has been prepared in 8ccordancewlth appllcable leBal requirements. M8tter$ on whlch we are requlred to report by exceptlon In the light of the knowledge and unde15tandlng of the Gharlty and It8 environment ODl8ined In the course of the audlt, we have not identlfled material misstaternents in the directors, report included withln the trustees, report. We have nothingto report in respect of the following matters in relation to which the CompaTrlesAct 2006 requires us to report to you rf. in our opinion: - adequate sccountlng records have not been kopt, or return8 8dequatp forour audit heve not been received from branches not visited by us; or - theflnancial statements are not in agreementwith the 8ccountlng recordsend returns: or -cert8ln dlsclosuresof trustees, remuneratlon speclfled by Eaw are not made" or we have not recelved allthe Infoimation and explanations we require for our audit; or -thetrusteeswere not entitLedto prepare thefinanci8lst8tements in accordano8With the sm811 comp8nies ragime And take 8dvant8geof the smallcomp8nies' exemptions in preparingthe trustees, report and from the requirementto prepare 8 Stratewc report. -12-
FORTHSPRING INTER COMMUNITYGROUP INDEPENDENT AUDITOR'S REPORT(CONTINUED) TOTHE MEMBERS OF FORTH SPRING INTER COMMUNITYGROUP Responslblllties of Trustees As èxplained more fully in the statement of trustees, responsibilities. the trustees. who are 8lso the directors of the charStyfor the purpose of company law. are responslble for the preparatlon of the tlnanclal statements and for being satisfied th8t they give a true and fairview, and for such internal control as the trustees determine Is necessary to enable the preparation of financial statements that are free from m8t8rl81 misst8ternent, whether due to frgud or error. In preparingthe financial statements. Ihe trustees are responsible for assessing the rharity's ability to continue as a going concern, disclosing, 8S appllcable, matters related to going concern and using tho going concern basls ot accounting unless the trustees esther Intend to liquidate the charitable company or to ¢e8se operation8. or have no realistlc alternative but to do so. Audltor's responslbilltles for the audit otthe financial statements Our objectives are to obtain reasonable assurance aboLtt whether the flnancial statements as a whole are free from material mlsstatement. whether due to fraud or error, and to issue an auditor's r8POrt that Includes our opinlon. Reasonable assurance Is a high level of a88urance but is not a gu8r8ntee th8t an 8uditconducted In accordance with ISAS (UK} willalways d8tecta material missL2tementwhen It exists. Mlsstatements can arise from fraud or errol and are considered mateiial if. individually or in th8 aggregate. theycould r8asonatsly be expectedto influencethe economic decisions of u8ers taken onthe basis of these financial statements. Irregularitie$, includingfraud, are instances of non-compllanGe with laws and regulations. We dasign procedures in line with our responslbilitles. outllned above, to dgteet matèri81 mlsstatements in respect of irregularitles, including fraud, the extent to which our procedures are capable of detecting irregularltles, Including fraud, is detailed below. -1>
FORTH SPRING INTER COMMUNITYGROUP INDEPENDENT AUDITOR'S REPORT(CONTINUED) TOTHE MEMBERS OF FORTH SPRING INTER COMMUNITY GROUP Extent to which the audtt was considered capable of deteoting irregularltles, Including fraud We identify and assess the risks of material misstatement of the financial statements. whether due to fraud or error, and then design and perform audit procedures responslve to those risks, includlng obtaining audit eviden¢8 that is sufficient and appropriate to provide a ba818 for our opinion. In identtfying and assesslng potential risks of materlal misstatement in respect of irregularities, Includlng fraud and non-complianGes with laws and regutstions, we consideredthe tollowlng: Th8 nature of the industry and sector. control envlronment and business pertormance. including the charitable company's r8rnunoration policles for directors, bonus levels and performance targets. rf any. Results ofour enqulrles of m8n8gement aboLrttheirown identrfic8tion and 8SS8ssmentofthe risks of Irregularitles. Any matters we identified having obtained and revlewed the charitable company's documentstion of thelr pollcles and procedures relatlngto: Identitylng. evaluatlng 8nd complylngwith laws and regulations and whethértheywere aware of any instance ofnon-complianc8; Detectingand respondlngtothe risks offraud and whetherthey have knowledge of any actual, suspected 01 allegedfr8ud; and The internal controls establlshed to mltlgate rlsks of fraud OT non-compliance with laws and regulatlons: The matters dlscussed amongthe audltengagementteam regardinghow and where fraud might occur In the flnancial statements and potenti81 indicators of fraud. As a result ofthese procedures. we consldered the opportunities and incentives that mayexist within the charitable companyforfraud and Identifiea the gre8t8St potential for fr8ud In Income recognition. In common with all audits under ISAS (UK). we are also requlred to perform specific proredures to respond tothe ri8k of m8n8gementoverride. We also obtalned an understandingofthe legal and regulatoryfr8mÉworksthatthe company operat8s in, focu81ng on provisions of those laws and regulatlons that had a direct effect on the determination of material amounts and dlsclosures ill the flnancial statements. The key laws and regulations we consldered In thi8 context Included tha Companies Act 2006, and local tax legi$Lation. In addirion, we considered provlslons of other laws and regulationsthat do not have a directeffect on the financial statem8nts but compliance wlth whlch rrtay befundamentalto the charlt8ble company's ability to operate or to avoid a material penalty. -14-
FORTH SPRING INTER COMMUNITYGROUP INDEPENDENTAUDITOR'S REPORT{CONTINUED) TOTHE MEMBERS OF FORTH SPRING INTER COMMUNITY GROUP Audlt re$pon3e to rlsks identrfled Our procedures to respond to the ri8k8 identified included the following., Revlewlng the ftnancial statement disclosures and testln8 to supporting do¢umentatlon to assess compllance with provlslons of relevant law8 and regulations described as having a dlrect effect on the financi81 statements; Enquiring of management concernlng actual and potentlal Iltlgation and claims; Performing 8n81ytiC81 procedures to identify any unusual or unexpected re18tionships that may indicate risks of materi8L misstatement due to f r8ud,' Reading minutes of meetings ofthose charged with governance and reviewing ¢orrespondence with tax authorltles," and In 8ddresslngthe rlsk of fraud through management overrlde of controls, te8tlngthe appropri8teness of journal entries and other adjustments. assessing wnether the judgements made in making accounting estirnates are indicative ot a potential bias. and evaluating the business rationale of any significant transactions that Bf8 unusual or outside the normal cours8 of businèss. We also communicated relevant identif led laws and regulstions and potential fraud risks to all engagement team members and remained alertto anyindications offraud or non-compllance wtth laws and regulations throughout the audit. Owing to the inherent limitations of an audit. there is an un8void8ble risk that we may lot have datècled omfj material mis$tatement$ in the financi81 stat8ments, 8V8nthough we have properly planned and performed our audit in accordance with auditlng standards. In addltion, ès with any audlt, there remains a hlgher risk of non-detection of irregularities, as they may involve Collusion. fofgery. intentional omlsslons, misrepresentatlons. or the override of internal controls. We are not responslble for preventing non-compliance and cannot be 8XP8Ct8d to d8t8Ct non-compllance wlth alllaws and regulations. A further description of our responsibilities is 8vai18ble on the Financial Reportlng Councll's websit8 at: hitP8:Iwww. frc.org.uk/auditor8 re8pon.8ibllities. Thls d8sorlptlon forms part of our auditor's roport. -1
FORTH SPRING INTERCOMMUNITYGROUP INDEPENDENTAUDITOR'S REPORT{CONTINUED) TOTHE MEMBERSOF FORTH SPRING INTER COMMUNITYGROUP Use of Our Report Thls report is m8de solelyto the charitable company's membeTS. as a body. in accordance with Chapter 3 of Part 16 ofthe Comp8niesAGt 2006. Our auditwork has been undertaken so that we might state to the charitable company's member3 those matterswe are requiredto 5t8te to them in an audltor's report and for no other purpose. To the fullest extent permrtted by law. we do notaccept orassume r8sponsibilityto anyone otherthan the charitable ¢ompany and the ch8ritable Company's members as a body. torourauditwork. forthis r8POrt. 01 forthe opinions we haveformed. Mr Daniel G. Walsh, BSSC (HONSIACPA for and on behalf of DMW Accountants (2011) Ltd Townsend Enterprise Park Townsend Street Balfast BT13 2ES Date.. -1
FORTHSPRING INTERCOMMUNITYGROUP STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31sf MARCH 2023 TOTAL GRANTS & DONATIONS 438,349.00 TOTAL EXPENSES 436,650.00 NSuRPLUs 1,699.110 -17-
FORTHSPRING INTER COMMUNITYGROUP STATEMENT OF FINANCIALACTIVITIES YEAR ENDED 31STMARCH 2023 Departmentfor Communities 25,669.00 Nl CommunltyRel8tions Council 12.312.00 EducationAuthorityTBUC 15.000.00 Education Authority Registration 3.000.00 Educatlon Authority FOTS 2,400.00 The National Lottery Fund 165,983.00 TNL Cost ofLiving Grant 21,994.00 The Tudor Trust 35.000.00 DOJ Police Property Fund 7,997.00 UKYouth 22.000.00 Belfast City CounGII Revenue 13.000.00 Belfast City Councll Small Grants 11,494.00 Garfield Weston Foundatlon 20,000.00 CGRFTEO 12,150.00 Halifax Foundatlon 4.500.00 Publlc Health Agency 5,894.00 DOH SPPG 8riEht Start 8,384.00 Afterschool Income 31,340.00 Don8tion$ 6,229.00 Rent Income 9,000.00 Groundwork UK 500,00 SSE Electrlc 600.00 HSBC 800.00 Youth Llnk 2,203.00 All State 900.00 TOTAL GRANTS 438.349.00 -18-
FORTH SPRING INTERCOMMUNITY GROUP STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31- MARCH 2023 Wages 299.872.00 Pension 8,856.00 Programme Costs 33,997.00 Rates Watar 1,061.00 Rent 3,668.00 Insurance 4,794.00 Repalrs & Malntenan¢8 2.530.00 Heat & Light 18.746.00 Telephone & BB 8.411.00 Consultancy Dlrector 6.900.00 Consultancy H.R. 964.00 Counseliing 10,750.00 Accountancy Fees 2.000.00 Tr8n8POrt 5,966.00 Trav81 Expens89 704.00 Prlnting. Postage & Statlon8ry 957.00 Tralnlng Costs 1,890.00 CLe8ning Expenses 1.465.00 Bank Charges 240.00 Sundry Expenses 3,891.00 Depreciation 20,988.00 Total Expenses 436,650.00 -1
FORTH SPRING INTER COMMUNITYGROUP STATEMENTOF FINANCIAL POSITION AS AT 31 MARCH 2023 2023 2022 Flxed Assets Tangible As8et8 99,959 120.942 Curr8ntAsset8 Debtors Cssh at Bankand in Hand 56.723 195,120 59.450 149,021 251,843 208,471 Creditors: Amounts falllng due wlthin one year 130,117) (9,427) Net Current A8$et8 221,726 199,044 Total Aasots less Current Uabllitles 321685 319,986 Income Funds Restricted Funds Unrestrlcted Funds Surplus for the Year 276,134 43,852 1.699 276.134 43.852 321,685 319,986 These financial stat8ments have been prepared in accordance wlth the provisions appllcable to cornpanies sublectto the small companies fegime. The financial statementswgre approved bytheTrustees and Aulhori5ed for Issue on 18 December2023 and signed ontheirbehalf by: C Fitzpatrick Trustee C O'Doherty Trustaa -20-
FORTH SPRING INTER COMMUNITY GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEARENDED 31 MARCH 2023 Accountingpollcies Ch8rity Information Forth Spring Inter Community Group Is a prlvate company limited by guarantee incorporated in Northern Ireland. The registered office is 37&375 Springfield Road, Belfast. BT12 7DG. Accountlng Conventlon Thefinancial statements have be8n prepared in accordancewiththe charitys Memorandijm and Articles of Association, the Companles Act2008, FRS 102"The Financial Reportingstandard appllcable in the UK and Republlc of Ireland" l FRS 102") and the Charities SORP"Accounting and Reporting by Charities: Statement of Recommended Practlce appllc8ble to charities preparing their accounts in 2ccord8nc8 Wlth the Financial Reportingstandard appllcable in the UK and Republic ot Ireland IFRS 1021" leffective 1 January 2019). The charity Is a Publlc Benefit Entity as defined by FRS 102, The charlty has taken advantage of the provisions In the SORP for charltles not to prepere a Statementofcash Flows. The financial statements are prepared in sterling. whlch is the functional currency of the charity. Monetarysmounts in these fin8nci81statements are rounded tothe nearest£. The financlal statem8nts have been prepared under the historical cost conventlon. The princlpal accounting policies adopted are set out below. Golngconcern At the tlme of approvingth8 financial statements, the trustees havg a reasonable expectatlon that the charity has adequate resources to continue In operational existence for the foreseeable ture. Thus the trustee$ contlnue to adopt the golng Concern basis of 8ccounting in preparing the flnanclal statements. Charltable Fund$ Unrestricted funds are 8vailable for use at the dSscretion of the trustees In furtherance ot their charitable obJ8Ctlves. Restrlcted funds are subjectto 8peclfic condltlons bydonors 88 to howtheymaybe used. The purposes and uses of the restricted funds are set out In the notes to the financlal statements. Incom8 Income Is recognlsed when the charity is legally entltled to It after any pertorman¢8 condltlons have been met, the amounts can be measured reliably. and it Is probable that Income w511 be received. C8sh donatlons are r8cognised on receipt. Otherdonation8 are recognlsed once the charltyhas been notifled of the donation, unless P8rform8nce conditions iequlre deferral ofthe amount. Income tax recoverable in relatlon to donatlons recelved under GiftAld or deeds of covenant is recognlsed at the tim8 of the donation. The charty recelves grants In respect of the provision of speclfled Services, projects and acttvities. Income from government and othergrants are recognlsed atfalrvalue whenthe charity has entitlementafter any performance conditions have been met. It is probable ihat the income will be received and the amount can be measured reliably. If entitlernent is not met then these amounts are d8f8rred. -21-
FORTH SPRING INTER COMMUNITYGROUP NOTESTO THE FINANCIALSTATEMENTS {CONTINUED) FOR THEYEAR ENDED 31 MARCH 2023 Accounttng Pollcles (Continued) Interest on funds held on deposit Is Included when receivable and the amount can be m8asured reliably bythe ch8Tty,' this is normally upon notification of the interest pald or payable by the bank. Expenditure All expenditure is accounted for on an accruals basis and has been classlfiad under headlngs that aggregate all Gosts related to the category. Expenditure is recognised where there Is a legal or constructive obligation to rnake payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorlsed under one of the following headings: Costs of ralslng funds. Expenditur8 On charit8bl8 activities and other expenditure. Irrecoverable VAT is charged as an expense against the activity for which expenditure ar05e. Support costs are those that 8SSlSt the work of the charity but do not directly represent charitable activities and Include office costs. governance costs. depreoiation costs and adrninistrative payroll costs. They are Incurred directly in support of expendlture on the objects ofthe charityand include project man8gement carried out at the off ice. Offlce costs, depreclation costs, governance costs and Payroll costs are allocated to charltable activitles based on usage. The allocation of the support costs IS 8n8LysecF in Note 7. Tangible Flxed A8set8 Tangible fixed assets are initi811y measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their Tesidual values over thelr useful lives on the followlng bases: Leasehold Improvements P18ntand Equipment Fixtur8s and Fltting$ 4% straight Ilne str8ight line over 22 years 25% slr8ight line The gain ar loss arising on the disposal of an asset is determined as the difference between the sale proceeds andthe carryingvalue ofthe ass8t. 8nd is r8cognised in the statement offlnan¢Sal activities. Cash and Cash Equivalent8 Cash and cash equlv8lenl8 include cash In hand. deposits held at call with banks, other 8hort- term liquid investments wlth orlgSn81 rnaturities of three months or less. and bank overdrafts. Bank overdrafts are shown withln borrowings in current liabilities. Flnanclal Instruments The charity has elected to apply the provisions of Section 11 '8asic Flnancial Instruments, and Section 12 '0ther Financial Instruments Issues. of FRS 102 to all of its financial instruments. Flnanci8l instruments are recognised in the charity'8 balancesheet when the charity becomes P8rty to thÉ contractual provisions of the Instrument. Financial assets and liabllltles are offset, with the net amounts presented In the flnanclal statements. whenthere is 8 legallyenforceable rlght to S8t off the r8¢ognised amounts and ther8 is an intention to settle on a net basis orto reallse the asset and settle the Liability sirnultaneously.
FORTH SPRING INTER COMMUNITYGROUP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THEYEARENDED 31 MARCH 2023 Bas1¢ FlnanoialAsset Basic financial assgts. which include debtors and cash and bank balances, 2r8 initially measured at transaction price including transaction costs and are subsequently carried 8t amortlsed cost uslngthe effective Interest method unlessthe arrangement constitutos a flnanclngtrans8Ction. where the transaction is measured at the present value of the future receipts discounted at a market rate ot interest. Financi8l assets ¢lasslfied Bs receivable within on8year are not 8mortised. -2&
FORTH SPRING INTER COMMUNITYGROUP NOTESTO THE FINANCIAL STATEMENTS (CONTINUED) FOR THEYEARENDED 31st MARCH 2023 Accountlng Policies (Continued) Basie Finan¢lal Liabllltles Basic financial liabllities. includlng creditors and bank loans are initially recognSs8d at transaction price unless the arrangement constitutes a fin8ncing tTan5action, where the debt instrument is measured at the present valu8 of the future payments discounted at a market rate of interast, Financial liabilitlgs classified as pay8bLe within ona year are not aFnortlsed. Debt instruments are subsequently carried at amortised cost, using the effectlV8 interest rate method. Trade creditors are obligatlons to payfor goods or servlces that have been acquired In the ordlnary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not. they are presented 8s non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at 8mortised cost usingthe effective interest method. Derecognltlon of Financial Liabilities Financial liabilities are derecognised when the charty'$ contr8ctual obligations expire or are discharged or cancelled. Employee Beneflts The cost of any unused holiday entitlement is recognised in the period in which the employee's services are recetved. Termination oenefits are recognised immediateiy as an expense when the charity is demonstrably commltted totermlnatethe employment ofan employee orta provide termination benefits, 1.10 Retlrement Benetlts Paymentsto deflned Contrlbutlon retlr8menl b8neflt schemes are charged as an expense asthey f811 due. Crltlcal Accounting Estimates and Judgements In the application of the charlty's accountlng pollcles. the trustees are required to make Judgements, estimates and a88umptlons aboLrt the c8rrylng 8mount of assets and liabilitles that are not readily apparent from othersourcas. Th8 eStim8tes and associated assumptions are based on historlcal experience and otherfactors that are considered to be relevant. Actual results may diffeT from these estlmates. The estimat85 and underlylng85sumptlons are revlewed on 8n ongoingbasis. Revlslonsto accounting estimates are recognised in the period in whlch the estimate is revised whefe the revision affects only that period, or In the perlod of the revlslon and future periods where the revision affects both current and future perlods.
FORTH SPRING INTERCOMMUNITY GROUP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THEYEARENDED 31st MARCH 2023 Crltical accountlngestlmatO8 and Judgements (Contlnued) Key sources of estimation uncertainty Flxed A88etB The annual depreclation charge onfixed assets depends primarilyon the estimated INes of each typ8 of asset and estimates of r8siduaL v81ues. The trustees regularly reviewthese assets lives and changethem as necessaryto reflect current thinkingon remalnlng Ilves in light of prospective economiG Lrtilisation and physlcal condltlon of the assets concerned. Changes in assets lives can have a signific3nt impact on depreciation charges for the perlod. Detall of the useful lives is included in the accounting policies. Restricted and unrestricted funds Judgements are made in relation to allocation of income and expenditure to restricted and unrestricted tunds, The trustees consider it approprlate to allocate the88 funds based on interpretatlon of donalions r8celved. Support costs Judgements are made In reiarlon to tne allocation of support costs of the charhy to its charitable activities. The trustees consider St appropriste to allocgte these costs based on the allocation of grant funding to the charltable activitles In the year. Daferred and accrued Income Incorne is defcrrcd or accrued based on wh8n tho trustees belleve the company Is legally entltled to it 8ft8r ary performan¢e ¢ondition8 have been met, the amounts can be measured reliably, and il Is probable that Income wlll be received.
FORTH SPRING INTERCOMMUNITYGROUP NOTES TO THE FINANCIAL STATEMENTS {GONTINUED) FOR THE YEAR ENDED31"MARCH2023 6 Descrlptlon of charltsble actlvltles Forthsprlng We seek to enhance life opportunttles and to enable sustained relationships withln and acr055 communitiesthrough a diverse range of programmes and activities. Movlng Up Movingon Movlng Up Moving On IMUMO) started in 2016 and works in partnership with Springfield Primary School and St. Clare's Primary School to provide support seNices for children and parents. Springfield Primary School and St. Clare's Pritnary are the 0 Cofe schools. NUMO also delivers activities in a srnallamount ofother schools to replicatethe programme and share good practice family supportworkwith more schools. Youth Matters The Youth Matters Project 18 a ¢ross-communityyOUth piojectwhlch engages with Youngpeopie aged 8 to 18 via a r8nge of centre-b8sed activities. group work 8nd detached prowsion. Springers Springers has been offering qu81ity, affordable afterschool childcare duTlng term-time and full-time day care in school holiday periods since 2009. -2
FORTH SPRING INTERCOMMUNITYGROUP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THEYEAR ENDED 31 MARCH 2023 Trustees Non8 of thetrustees lor any persons connected wSth them) received any remuneration OT benefits from the charity dvring the year. Employees The average monthly number of employees duringthe year was: 2023 Nurnber 2022 Number 14 14 Employment CO8t3 2023 2022 Wages and SalarieslEmployers NIC Other pension costs 299,872 249.823 8,856 5,079 308,728 270,678 There were no employees whose 8nnual remun8r8tion was more than £60,000. 10. Transfers Transfers in the yagrfrom unrestricted to restrlct8d were a result of overspend of funding. Transfers In the year from restricted to unrestricted wre to cover mlsallocation of unfestricted funding on the prior year. -27-
FORTH SPRING INTER COMMUNrrYGROUP NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 11. TansibL8 fixed assets L88s8hold Plantand Improvements equlpment Flxtures and flttings Total Cost At 1 April 2022 444 920 186.692 14,410 646,022 At31 March 2023 444 920 186,692 14.410 646.022 Depreciatlon and Impalrment At 1 April 2022 DepreGiation charged in the year 436,026 8,894 79.307 8,486 9,747 3.603 525,080 20,983 At31 March 2023 444.920 87,793 13.350 546.063 Carrying arnount At 31 March 2023 98.899 1.060 99,959 At31 March 2022 8,894 107.385 4,663 120.942 Plant and equipment inelud8S COStstot811ing£147,556funded bythe Education ALrthority. A D88d of Covenant and Charge dated 23 February 2016 reseNes the premises foryouth purposes for a period of22 years and provides other covenant6 and restrictions for repayment of gr8nt in the event of a breach of the Deed, 12. Debtors 2023 2022 Amountstsllingdue within one year: Trade d8btors Prepayments and accrued Income 1,547 57,903 56.723 56,723 59.450 *A 13. Credftors: amountsf8Ulngdue wlthln oneyear 2023 2022 Othertaxation and social securty Oth8r creditors Accruals and deferred Income 13,187 5,079 11,851 1.409 8,018 30,117 9,427 -2