Company registered number: N1031276 Charity registered number: N1100141 FORTH SPRING INTER COMMUNITY GROUP TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
FORTH SPRING INTER COMMUNITY GROUP CONTENT5 PAGE General Information Trustees, Annual Report Ilncorporating the Director's Report) Independent Examiner Report 9-10 Statement of Financial Activities li Balance Sheet 12 Notes to the Financial Statements 13-19
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Trustees, Annual Report (Incorporating the Director's Report) STRUCTURE, GOVERNANCE AND MANAGEMENT The charity is controlled by its governing document, a Memorandum and Articles of Association, and constitutes a limited company, limited by gLrarantee, as defined by the Companies Act 2006. The company was incorporated on 6 September 1996 and registered with the Charity Commission for Northern Ireland on 16 June 2014. COMPANY REGISTRATION NUMBER N1031276 REGISTERED CHARITY NUMBER N1100141 CHAIRPERSON E Petersen TRUSTEES / DIRECTORS E Petersen C Fitzpatrick Dr J Meegan H Smith D Harvey C O'Doherty D Quinn LO'Lynn J Chalk Resigned 1st May 2024 Resigned 1st March 2023 Resigned 14th March 2023 REGISTERED OFFICE 373-375 Springfield Road Belfast BT12 7DG INDEPENDENT EXAMINER Tony Clarke 53 Andersonstown Road Belfast BTII 9AG
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Trustees. Annual Report (Incorporating the Director's Report) The Trustees present their annual report together with the financial statements of the company for the year ended 31 March 2024. The f inancial statements have been prepared in accordance with the accounting policies set out in note I to the financial statements and comply with the company's governing document, the Companies Act 2006 and Accounting and Reporting by Charities.. Statement of Recommended Practices applicable to charities preparing their accounts in accordance with the Financial Reporti ng Standard applicable in the UK and Republic of Ireland IFRS 1021" las amended for accounting periods commencing from l January 2019) Objertives and activities The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achievements and Performance Forthspring Inter Community Group has had a very productive year. This of course would not have been possible without the dedication and commitment of our staff and volunteers, who kept the organisation running. and provided vital services to the local community. Our highlights include.. Consistent regular attendances of children at creative free play sessions The dedicated commitment of local and international volunteers Significant engagement with our Detached Youth Workers Sustained interventions with children and young people Children's Counselling Developing partnership with local schools through T:BUC Evolving partnership with The Peace Foundation Adult Counselling Pensioners lunches Family lunche5 Self-care, massage. reflexology, and wellbeing sessions Exercise classes, adult education and online accredited courses Programme Work Forthspring is all about bringing people together for positive experiences and relationship building. MUMO Working with Springfield Primary and St Clare's Primary, as well as local families, the project helped children in transition and supported parents with behavioral 5UPPOrt.
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 A range of programmes are delivered in the primary schools by the MUMO children's support workers, with a MUMO family engagement worker attached to each school. Programmes include transition (from P7 to Year 8), team building, m indfulness, numeracy, literacy, lego-therapy, nurture groups, gardening groups, bullet pointjournaling, communication and bereavement work. MUMO staff work closely with school staff, providing intervention support for the most vulnerable children as well as class-based programmes. There is a Relate N I counsellor linked to each school, providing counselling supports for children and parents. Referrals to the counsellor usually come from the school. Youth Matters Our Youth Matters programme included sessions on Mental Health and wellbeing P051tive self-talk and peer relations Good relations Active Cit12enship workshops Social action projects We did a range of outdoor activities targeted at improving young people'5 mental health with Reach Your Peak; Cook It challenges, and Art Around the World classes. The loyalty and commitment of the young people to the staff and volunteers have been fantastic, and great evidence of the impact our community relations youth work has had. Springers Our Springers Afterschool Childcare Programme has gone from strength to strength. We have capacity for 20 each day and we welcome over 30 different young people each week. The children engage in our creative educational play programme- sometimes taking over our social media feed to tell the community how brilliant they are. We are thankful to Bright Start for their financial support which helped u5 Sustain our provision and local employment. Community Groups: Ourgroups include AA- this group offers peer support to those battling addictions Bereavement Group- their Monday meeting helps Tea Dancers Art Group AutismNI- monthly meet up to ofer peersupport Exercise classes- Yoga, Zumba, LBT groups met weekly BMCA- Friday meet up for weekly prayers Gardening Group- weekly meet up to maintain the garden and grow their own veg Soul Space Men's Shed
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Trustees, Annual Report (Incorporating the Director'5 Report) Building Maintenance We have engaged in a number of improvement works throughout the building including emergency lighting and updating 311 of our fire safety equipment. We painted the front of the building and plan to paint the rest of the building in the coming months. External Relationships Forthspring continues to work with Belfast Multi Cultural Association. The group use our centre each week and we happily embrace the diversity their presence brings to our society. We have continued our working relationship with City Life Church in respect of joint funding from the Department for Communities. Our work with schools has been cemented this year with our gardening projects in partnership with GrowNI and PPR. Confidence building workshops and personal develop sessions in the garden have allowed local young people to grow in our post Covid community. Staff and Volunteers This year we have had over 450 hours of local and international volunteering and are thankful to everyonè who has made a positive contribution to Forthspring in a very challenging situation throughout the pandemic. Our people are our greatest resource and we appreciate their dedication and commitment to the organisation. Financial Review It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The trustees consider that reserves at thi5 level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves ha5 been maintained throughout the year.
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Tru5tee5' Annual Report (Incorporating the Director's Report) Plans for Future Period The Trustees will continue to develop an effective organization. We intend to grow and strengthen the board with suitably qualified and experienced new member5. We anticipate the arrival of new staff to facilitate our growth as an organization. We will continue to review and refine our strategic plan and develop an operational plan to meet our current objectives and to seek new opportunities to see our work move forward effectively. We also agreed to purchase our building and were successful in securing Levelling Up Funding in January 2024 to complete the sale. We will continue to Strengthen and develop existing and new strategic partnerships with other groups and agencies. We will continue to develop our relationships with a wide and growing ra nge of funders across all sectors. We will focus on building effective partnerships government and key agencies with responsibility for peace building, family support and community development. We will continue to develop our strong networks in the communities where we are situated and be listening and responsive to their expressed needs and challenges. We intend to pursue international partnerships including cross border and in other countries for the development of interesting future projects. Our Communications We will develop the use of a broad range of media to communicate our work more clearly and effectively. We will develop a digital marketing plan as we move forward. We will seek to develop a coherent and united brand across the various aspects of our work. We will develop a range of promotional strategies to enhance the profile of our work and develop a clear and informed voice in keeping with our vision as an organization. Our Programmes We intend to develop our existing programmes which offer significant support to families and young people. There is the potential to extend the influence and opportunities for our existing work to develop more widely which we will explore and encourage. We will develop new and innovative programmes to promote our peace building mission across our community, seeking to collect and give voice to the hopes and dreams for the future of our community. We intend to ensure appropriate access to adequate facilities and resources to allow us to develop and expand our services.
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Trustees, Annual Report (Incorporating the Director's Report) Our Interface work We intend to actively engage with the issues within the interface area where we are located. We will design a specific strategy to involve our local community, government and relevant authorities in conversation about a positive visionary future for the interface around us. We will further refine and implement our business plan and feasibility study to develop our building and context in a way that will enhance our services to the community. We will network widely and representatively across our community to listen carefully to a range of perspectives and hopes for better less divided future. The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: C Fitzpatrick C O'Doherty D Harvey E Peterson J Meegan H Smith D Quinn None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up. Statement of tru5tees' responsibilities The trustees, who are also the directors of Forth Spring Inter Community Group for the purpose of company law, are responsible for preparing the Trustees. Report and the financial statement5 in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure. of the charitable company for that year. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently- observe the methods and principles in the Charities SORP 2019 {FR5102),'_make judgements and estimates that are reasonable and prudent,. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Trustees, Annual Report (Incorporating the Director's Report) The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Disclosure of Information to auditor Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information. The trustee5' report was approved by the Board of Trustees. LOL4 E Peterson Trustee Date:
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FORTH SPRING INTER COMMUNITY GROUP I report on the financial statements of the company for the year ended 31 March 2024 which are set out on pages 11 and 12. Respective responsibilities of trustees and examiner The trustees, who are also the directors of the company for the purpose of company lawl are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the company is not subject to audit under com pany law, and is eligi ble for Independent examination it is my responsibility to- examine the accounts under section 65 of the Charities Act follow the procedures laid down by the general Directions given by the Charity Commission for Northern Ireland under section 65{9llbl of the Charitie5 Act,. and state whether particular matters have come to my attention. Basis of Independent Examiner's report I have examined your charity accounts as required under Section 65 of the Charities Act and my examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under Section 6519llb) of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It was a150 included consideration of any unusual items or disclosures in the accounts, and seeking explanation5 from you as charity trustees concerning any such matters. Independent examiner's statement My role is to state whether any material matters have come to my attention giving me cause to believe.. That accounting records were not kept in accordance with section 386 of the Companies Act 2006 That the accounts do not accord with those accounting record5 That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Prattice applicable to charities preparing the accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland That there is further information needed for a proper understanding of the accounts to be reached Independent examinerfs statement I have completed my examination and have no concerns in respect of the matters111 to14) listed above and, in connection with following the directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. {a} which gives me reasonable cause to believe that in any material respect the requirements; lil to keep accounting records in accordance with section 386 of the Companies Act 2006; and
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FORTH SPRING INTER COMMUNITY GROUP Independent examiner's statement continued... lill to prepare financial statements which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities: have not been met or Ibl to which, in my opinion. attention should be drawn in order to enable a proper understanding of the financial statements to be reached. II-IL.L Tony Clarke 53 Andersonstown Road Belfast BTII 9AG Date.. io
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) Year to 31-Mar-24 TOTAL Year to 31-Mar-23 TOTAL Unrestricted Restricted Note Income from: Voluntary Income 2 ( a ) Generated Funds Investment Income 2 ( c ) 57,223 57,223 343,783 343,783 438,349 Total Income 57,223 343,783 401,006 438,349 Expenditure on". Charitable Activities 74,918 392,668 467,586 436,650 Total Expenditure: 74,918 392,668 467,586 436,650 Net income / {expenditure} 117,695) 148,8841 (66,580) 1,699 Transfer between funds 12,4901 2,490 Net movement in funds (20,185) {46,394) (66,580) 1,699 Reconciliation of funds Total funds broughtforward 92,421 229.264 321,685 319,986 Total funds carried forward 72,236 182,870 255,105 321.685 The statement of financial activities includes all gains and1055es recognised in the year. All incoming resources and resources expended derive from continuing activitie5. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. The notes on pages 13 to 19 form part of these account5. li
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 BALANCE SHEET 2024 2023 Note Fixed Assets Tangible Fixed Assets 91,088 91,088 99,959 99,959 Current Assets Debtors Cash at bank 16,480 159,721 176,201 56,723 195,120 251,843 Creditors.. amounts falling due within one year {12,1841 {30,1171 Net Current A55ets 164,017 321,685 Total Assets 255,105 321,685 Funds Restricted Unrestricted 182,870 72,236 229,264 92,421 TOTAL FUNDS 255,105 321,685 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024. The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statement5 which give a true and fair view of the state of affairs of the company as at the end of the f inancial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provision5 applicable to companies subject to the small companies regime. The financial statements were approved by the board directors on ..i.}..l L-.14and were signed on their behalf by: E Peterson Trustee Date.. The notes on pages 13 to 19 form part of these accounts. 12
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE ACCOUNTS l Accounting policies Charity information Forth Spring Inter Community Group is a private company limited by guarantee incorporated in Northern Ireland. The registered office 373 375 Springfield Road, Belfast, BT12 7DG. 1.1 Accounting convention The accounts have been prepared in accordance with the charity's governing document, the Companies Act 2006 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {as amended for accounting periods commencing from l January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin I not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The princiDal accountino Dolicies adopted are set out below. 1.2 Going concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. Restricted funds are subject to specific conditions by donor5 as to how they may be used. 1.4 Incoming resources Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. 13
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE ACCOUNTS CONTINUED... 1.4 Incoming resources continued... Cash donations are recognised on receipt. Other donations are recognised once the charity ha5 been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Turnover is measured at the fair value of the consideration received or receivable and repre5ent5 amounts receivable for goods and services provided in the normal course of business, net of discounts. VAT and other sales related taxes. 1.5 Resources expended Liabilities are recognised as expenditu re as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be reauired in settlement and the amount of the obliatIon can be measured reliablv. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. The charity is below the charity audit threshold and therefore is exempt from reporting expenditure on an activity basis. The charity has opted to report by the nature of expenditure rather than on an activity basis. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation 15 recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Leasehold Improvemen 4Yo Straight line Plant and Equipment straight line over 22 years Computers 25°A straight line 1.7 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments With original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowin5 in current liabilities. 1.8 Financial instruments The charity ha5 elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instrument5 are recognised in the charity's balance sheet when the charity becomes party to contractual provisions of the instrument. Financial assets and liabilities 3 re offset, with the net amounts presented in the fina ncial statements, when there is a legally enforceable right to set off the recognised amount5 and there 15 an i ntention to settle on a net basis or to realise the asset and settle the liability simultaneously. 14
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE ACCOUNTS CONTINUED... 1.9 Basic financial assets Basic financial asset5, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost Using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. 1.10 Basic financial liabilities Basic financial liabi lities, including creditors and bank loans are initially recognised at transaction price unles5 the arrangement constitute5 a financing transaction, where the debt instrument is measured at the present Value of the future payments discounted at a market rate of interest. Fin3ncial lia bilities classified as Davable withi n one vear are not amortised. Debt instruments are subsequently carried at amort15ed cost, using the effective interest rate method. Trade creditors are obligated to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified a5 current liabilitie5 if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost usinR the effective interest method. 1.11 Derecognition of financial liabilities Financial lia bilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.12 Employee benefits The c05t of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination 1.13 Critical accounting estimates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilitie5 that are not readily apparent from other source5. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affect5 both current and future periods. 15
FORTH SPRING INTER COMMUNITYGROUP TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE ACCOUNTS CONTINUED... Volunta Income 2024 2023 Unrestricted Restricted Funds Funds TOTAL TOTAL General Childcare Fees Rent Income 21,211 32,192 3,820 57,223 21.211 32,192 3,820 57.223 8,229 31.340 9.000 48.569 Income from Generated Funds 2024 2023 Unrestricted Restricted Funds Fund5 TOTAL TOTAL BCC Revenue BCC Small Grants BCC: Medium Grant BCC Micro Grarbt BCC Good Relations BCC Comm Recovery Support Micro T3 Grant Belf35t City Council Belfast City Council - Peace IV Bright Start CGRF TEO COF Communitity Foundation DOHCF Department for Communities DOH SPPG Bright start DOJ Police Property Fund Education Authority- Registration Education Authority FOTS Education Authority TBUC Garfield Weston Foundation General Grants Halifax Foundation HSBC Nl Community Relations Council Public Health Agencv The National Lottery Community Fund- MUMO The Tudor Trust Thriving Minds TNL- Cost of Living Grant UK Youth Upper Springfield Development Trust Youth Link Youth Matters Tota15 13.000 11,494 4,975 1,800 4,000 1,200 20,121 750 8,446 4,975 1,800 4,000 1,200 20.121 750 8,446 12,150 1,640 8,717 37,269 1,640 ,717 37,269 25,669 8,384 7,997 3.000 2,400 15,000 20,000 4.184 4,184 20,000 117 20,000 117 4,500 800 12,312 5,894 165,983 35.000 800 40,896 5.063 129,867 35,000 20,000 800 40,896 5.063 129,867 35,000 20,000 21,994 22,000 960 960 2,203 1,259 343 783 1,259 343 783 389 780 Investment income 2024 2023 Unrestrlcted Restrirted Fund5 Funds TOTAL TOTAL Interest Totals 16
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTESTOTHE ACCOUNTS CONTINUED... 3 Staff Costs and Numbers 2024 2023 Gr055 Salaries Inc 296,759 296,759 308,728 308,728 No employee received emoluments of more than £60,00012023.. Nonel The average monthly number of employee5 during the year, calculated on a basis of full time equivalent5, was as follows.. 2024 Number 14 2023 Number 14 4 Ex enditure Charitable Activities 2024 2023 Unre5trirted Re5trrrted Funds Funds TOTAL TOTAL Accountanry Fees Bank Charges Cleaning Consultancy & Advice Counselling Depreciation Expense Equipment Costs Health & Safety Heat and Light Insurance IT Cost5 Miscellaneou5 Expenses Monitoring & Internal Verification fees Printing, Postage & Stationery Premise5 Repairs and Renewals Programme Activity & Resources Promotion, marketing, communications Professional Fees Rent and Rates Staff C05tS Staff Expenses Subscriptions/Affiliation fees Telephone and Broadband Training C05tS Transportation Total 2024 2.569 56 355 4,294 2,418 10,531 229 1,457 17,606 9,912 8,871 2,325 3,260 14,541 1,934 2,072 4,092 5,628 1,346 11,206 15,393 1,364 1,871 16,046 253.596 1,412 190 3,286 746 3,754 392,668 13,100 285 1,813 21,900 12.330 ,871 2,891 4,055 18,087 2,406 2,577 5,090 7,000 1,674 13,939 19.147 1.697 2,327 19,959 296,759 1,757 236 4,087 928 4.670 467,586 2,000 240 1,465 10,750 20,988 567 795 3.546 472 18,746 4,794 505 998 1,372 328 2,733 3,754 333 456 3,913 43,164 344 46 801 182 916 74,918 3,891 957 2,530 33.997 7,864 4,729 308.728 704 6,411 1,890 5,966 436.650 Total 2023 436,650 436,650 17
FORTH SPRING INTER COMMUNITY GROUP TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE ACCOUNTS CONTINUED... 5 Debtors 2024 2023 Trade Debtor5 Prepayments and Accrued Income 2,264 14,217 16,480 56,723 56,723 Leasehold Improvements Plant and Equipment Fixtures and Fittings Total 6 Tan ible Fixed Assets COST At l Apr 2023 Additions Disposals At31 Mar 2024 2024 444,920 186,692 14,410 646,022 444.920 186,692 14,410 646.022 DEPRECIATION At l Apr 2023 Charge for the year Eliminated on disposal At 31 Mar2024 444,920 87,793 7,811 13,350 1,060 546,063 8.871 444.920 95,604 14,410 554,934 NET BOOK VALUE At beginning of period At 31 Mar 2024 98,899 91.088 1,060 99,959 91.088 7 Creditor5 2024 2023 Trade Creditor5 Aecurals and Deferred Income Taxes & Social Security Ilncluding Pension) 2,190 4,300 5,694 12,184 5.079 11,851 13,187 30.117 8 Trustee5 remuneration & ex enses During the year, no Trustees received any remuneration12023 - £NILI. During the year. no Trustee5 received any benefits in kind12023 - £NILI. During the year, no Trustees received any reimbursement ol expenses12023 - £NILI. 18
FORTH SPRING INTERCOMMUNITYGROUP TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE ACCOUNTS CONTINUED... Funds Balance at 01-Apr-23 Movement in Incoming Resources Transfer of Outgoing Funds Balance at 31-Mar-24 Restrirted funds BCC.. Medium Grant BCC Micro Grant BCC Good Relations BCC Comm Recovery5upport T3 Belfast City Council Belfast City Council - Peace IV 8right Start Capital Grant Fund - EA Youth Matters Capital Grant Fund - TNL COVID COF Communitity Foundation DOHCF Department for Communities Education Authority- Registration Garfield Weston Foundation General Grants HS8C Nl Community Relations Council Public Health Agencv The National Lottery- MUMO The Tudor Trust Thriving Minds Upper Springfield Development Trust Youth Matter5 Total restrirted funds 4,975 1,800 4,000 1,200 20,121 750 8,446 14,9751 11,8001 14,0001 11,2001 120.1211 17501 18,4461 (6,7111 12,1601 100.675 4,322 93,964 2,162 1.640 8,717 37,269 4.184 20,000 117 800 40,896 5,063 129,867 35,000 20,000 960 1,259 343.783 1,640 18.7171 137,2691 14,1841 110,7321 19671 18001 140,8961 15,0631 1176,6581 135,0001 120,0001 19601 11,2591 1392,6681 9,268 850 124,267 77,476 229,264 2,490 182,870 Unrestricted funds General Childcare Fees Rent Income Total unrestritted funds 92,421 21,211 32,192 3,820 57.223 138,9061 132,1921 13,8201 174,918) 12,4901 (467,5861 12,4901 72,236 92,421 72,236 Total net a55et funds 321,685 401,006 255.105 Balance at 01-Apr-22 276.134 43,852 319,986 Movement in Incoming 389,780 48.569 438.349 Resources Transfer of Outgoing Funds 1436,6501 Balance at 31-Mar-23 229.265 92,421 321.686 10 Statement of funds- Total restricted funds Total unrestricted funds Total of funds- prior year rior ear 1436,6501 11 Taxation The Company is registered as a charity with the Nl Charity Commission and by HM Revenue & Customs. Consequently no provision is considered necessary for taxation. 12 Share Ca The Charity doe5 not have a share capital. 13 Post-Balance Sheet Event5 No post balance Sheet events noted. 14 Related Parties The Charity doe5 not have any related parties. 19