Charity registration number NIC100187
Company registration number N10332631Northern Ireland)
WOMENS CENTRE DERRY LTD
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 IAARCH 2024

WOMENS CENTRE DERRY LTD
CONTENTS
Page
Charty Information
Trustees, report
Independent auditorfs report
Statement of financial activities
10-11
Balance sheet
12
Notes to the financial statements
13-25

WOMENS CENTRE DERRY LTD
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Denise Doherty (Ch"airperson)
Kathy Colhoun (Treasurer)
Dr Clionagh Boyle
Geraldine Compton
Roisin Hegaty
Dina Gomaa
Saorla Boyle
(Appointed 28 June 2023)
Secretary
Sharon McLaughlin
Charity number
NIC1CKJ187
Company number
N1033263
Registered office
Beibhinn House
5 Guildhall Street
Dery
BT48 68B
Auditor
Moore (Nl) LLP
21123 Clarendon Street
DerrylLondonderry
BT48 7EP
Bankers
Bank of Ireland
27 Culmore Road
Londondery
BT48 8JB
Sollcitors
Babingtons Solicitors
9 Limavady Road
Londonderry
BT47 6JU

WOMENS CENTRE DERRY LTD
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual report and financial ststements for Ihe year ended 31 March 2024.
The financial statements have been prepared in accordan￿ with the accounting policies set out in note 1 to the
financial statements and comply with the charity's Igoveming d¢Jcument], the Companies Ad 2006 and "Accounting
and Reporting by Charitie5.' Statement of Recommended Practice applicable to charities preparing their a¢￿UnIS in
accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)"
{effeclive 1 January 2019).
Objectives and activities
The principal activity of the company is to L*allenge the oppression and discrimination of women, as it exists, in all
forms and it is committed to joining with other women, and women's groups, around positive initiatives for change.
Through the activity of the centre, space is provided where women have the opportunity to explore their lives, make
new choices and gain support to act on these choitss.
The objects of the company as stated in the Memorandum & Artides of Association are lo benefit the community in
Derry - Londonderry and the Northwest. in particular women members of the community, by the relief of poverty
and the advancement of education in matters relating to mental, physical and social welfare and in particular to
provide cenlres for the supply of admce and guidance., arrange and provide the holding of meetings, lectures,
workshops and dasses. and do all things as are necessary for the furtherance of the objectives of the Company.
Strategies ft)r achieving aims and objectives
The strategies employed lo achieve the charity's aims and objectives are..
Providing a holistic program of educational. recreational and lrfe skills opportunities for individuals.
Providing education to best suit the needs of women and families in the communify.
Providing on-site childcare to enable parents to access and participate in education activities
Providing education and soual welfare facilits'es and resources for the use of indiwduals in the community.
Public benefit
The trustees have considered the charity legislation which sets out the requirements for chaflties to demonstrate the
aims and activities are for public benefrt. The Trustees confim) that they have had regard to the Charity Commission
Nl guidance on public benefft.
The beneficiaries are socially exduded women and their families living in the area of benefit. The direct benefits
which flow from our purposes include:
Improved educational achievements, knowledge and resources to enable women and their families out of
poverty.
Increased empoweTmenl and Confiden￿ to enable women to make positive changes to alleviate the effects
of poverty.
Increased capacty for gaining employment enabling women to create a better fLrture.
Improved lrfe skills and abilrties.
Improved quality of lrfe for individuals and families in the communty.
Increased social indusion for women and families.
The benefrts are evidenced through qualIfi￿li0nS gained, employment secured and evaluation feedback from
beneficiaries. There is no private benefit to trustees.

WOMENS CENTRE DERRY LTD
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Achievements and perfomiance
Significant activities and achievements against objectives
In 23124 Women Centre Derry responded to the needs of the community to ensure Women and children were
supported through the cost of liwng crisis. The start of the year was challenging with funding cuts across the women
sector and wider community. This resulted in the Women Centre losing key funding, a reduction in services and
loss of valued staff members. As we progressed through the first quarter we were already making great progress
with services back on track, positions reinstated and fvnding streams increasing. The Centre continued rts work
embedding women's empowement and equality.
Women Centre Derry delivered our aims by providing a￿$S for women to a holistic range of activities including
education and training, employment support, skills development, 1-1 advocacy support, wellbeing programmes,
integration activities, parenting support, mother and baby joint aclivilies and onsite creche facilities. The Board of
Directors was diligent in carrying out their governan￿ responsibilities and contributed a range of management skills
and specialisms to the organization induding:
Finance
YouthwoTk
Learning Support
Management
Translation
Community Development
Early Years
Education
Staff training and continuous personal development was encouraged and deltvered throughout the period. To
provide the programmes and activities we employed 15 staff and contracled the services of 38 part-time tutors and
facilrtators. Together with management, these teams worked alongside partiopants to change lives and place
women's development, empowerment and equality at the core of our work.
In 2023124 the cenlre delivered 12 projects, proMding 14,339 course places. Partiripanls on formal courses
achieved 75 qualifications. 18 women secured employment and 40 women progressed onto further education.
Childcare servi*s and children's programmes providing pla￿S for 433 individual children this year and our onstte
creche provided 9023 childcare hours.
The impads of the Centre's work will be benefitting our communities for years into the future. All credit to the staff
teams and leaders who responded so well lo the challenges wtth creativity and innovation.
We collaborated with 139 organisations and statutory agencies in the area to promote equality and access for
women. We partnered with the Women's Regional Consortium. Women's Resource Development Agency and Triax
to deliver essential front-line services in disadvantaged and rurally isolated communities.
We delivered several multicultural projects supporting 179 BME families. These sep¥fjces contributes to building a
safe, diverse and equal community.
Financial review
Total income for the year was £408,394. of which £329.140 was received from grant aid fiJnding. £- represents
enrolment fees in respect of leCtu￿S, workshops and dasses. £72.522 was generated in respect of donations
received.
Total expenditure was £402.806, all of which was expended on direct tharltable actmties.
The balance on total funds at the yearond was £811,892. of which £296.005 were unrestricted income funds,
£442,215 were designated funds and £73,672 were restricted funds.
Rese￿OS policy
The Trustees consider it prudent to hold monies in reserve in the event that unforeseen circumstances should lead
to financial difficulties which might put the future of its employment capacity, general charitable work and propety in
jeopardy.

WOMENS CENTRE DERRY LTD
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees have examined thè charty's requirements for reserves considering the main risks to the organisation
and estsblished a formal policy which stipulates that free reserves be maintained at a level which ensures that the
charity's Core activity could continue during a period of unforeseen difficulty. Free reserves are defined by Ihe
Trustees as unrestrided income funds freely available for use as the charity so determines and thereby excludes
any funds committed, invested in tangible fixed assets held by the charity and restricted or designated funds.
It is the policy of the charity that unrestricted fvnds which have not been designated for a specific use should be
maintained at a level equivalent to be￿een three and six month's expenditure. The Truslees consider that reserves
at this 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 gtven to ways in which additional funds may be raised. Based on the year
ended 31 March 2024 expenditure (excluding depreaation and non-recurring costs) of £376,372. the target level of
reserves is £94,100 to £125,500. Free reserves of the charity as at 31st March 2024 are £292,856. therefore the
Trustees are pleased to confirm that the chafity is compliant with its reserves policy. The Trustees continue lo strive
to maintain a general level of reserves in accordance wilh their policy so that they will be able to continue the
current activities of the charity-
Wrthin unrestricted fijnds, a designation of £442,215 has been set aside represented by the property at 5 Guildhall
Square owned and used by the charity on an on-going basis for charitable activities. The designated funds balan
is equivalent to the depreciated historic cost of the capital expenditure. A sum equivalent to the depreciation charge
on the building will be allocated each year to the designated fund. until it is fulty amortised.
Major risks
The Trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in
place to mitigate exposure to the major risks.
The Trustees, in conjunction with the senior management team, are aware of the major rtsks to which the charity is
exposed. ￿ere appropriate, systems or procedures have been established to mitigate the risks the charity faces.
Internal control risks are minimised through the procedures for authorisation of all transactions and projects.
Procedures are in place to ensure compliance with applicable laws and regulats'ons. All procedures are periodically
reviewed to ensure that they continue to meet the needs of the charity.
Structureg governance and management
Governing docuvnent
Women's Centre is a company limited by guarantee and accepted as charitable by Charity Commission for Nl under
reference NIC100762 and by HMRC under reference XR 19291. The company was incorporated on 17th
November 1997. The company was established under a Memorandum of Associab'on which established the objects
and powers of the company, and is governed by its Articles of Assoualion. The liabilty of members is limited in that
every member of the company undertakes to contribute an amount nol exceeding £1 in the event of the company
being wound up.
The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to
the dale of signature of the financial statements were-
Denise Dohety (Chairperson)
Kathy Colhoun (Treasurer)
Dr Clionagh Boyle
Geraldine Compton
Roisin Hegaty
Dina Gomaa
Leona Mcmenamin
Saorla Boyle
(Resigned 28 June 2023)
(Appointed 28 June 2023)
Recruitment and app￿ntment of tnistees
The Board of Trustees manages the prO￿sS of recruitment and appointment of Trustees, and may admit to
membership any person interested in promobng the objects (primary purpose) of the company.

WOMENS CENTRE DERRY LTD
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Organisational stmcture
The Trustees have ultimate legal and financial responsibilty for the affairs of the Women's Centre and are
responsible for the strategic direction and policy of the charity. The Trustees are from a variety of professional
backgrounds relevant to the work of the charity.
A scheme of delegation is in place and responsibility for the provision of servtces rests with the Centre Director, who
is responsible for the day to day operational management of the charity-
The Trustees remain satisfied that the Women's Centre is compliant wrth good governance praCtI￿S in line with the
requirements of the Charity Commission of Northem Ireland.
ststement of Trustees. responsibilities
The Trustees. who are also the directors of Womens Centre Dery Ltd for the purpose of company law, are
responsible for preparing the Trustees, Report and the financial statements in accordan￿ with applicable law and
Unrted Kingdom Accounting Standards (United Kingdom Generally Acopted Accounting Practi￿).
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 ststements, the Trustees are required to=
select suitable accounting policies and then apply them consistently..
observe the methods and principles in the Charities SORP..
- make judgements and estimates that are reasonable and prudent,.
slate whether applicable UK Accounting Standards have been followed, subject to any material departures
disclosed and explained in Ihe financial statements., and
prepare the financial statements on the going concem basis unless tl is inappropriate to presume that the charity
will continue in operation.
The Trustees are responsible for keeping adequatè accounting re¢orils that disclose with reasonable accuracy at
any time the financial posilion of the charity and enable them to ensure thal the finan¢ial 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.
Auditor
In accordan￿ with the company's artides, a resolution proposing that Moore (Nl) LLP be reappointed as auditor of
the company will be put at a General Meeting.

WOMENS CENTRE DERRY LTD
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Disclosure of infomiation to auditor
Each of the Trustees has confirmed that there is no infomiation 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 audilor is aware of such information.
The Trustèes. report was approved by the Board of Trustees.
Denise Dohety
Trustee
hairperson)
Kathy Col
Trustee
oun ffreasurer)
26 June 2024

WOMENS CENTRE DERRY LTD
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF WOMENS CENTRE DERRY LTD
Opinion
We have audited the financial statements of Womens Centre Derry Ltd (the 'charity') for the year ended 31 March
2024 which comprise the statement of financial activtties, the balance sheet and the notes to the financial
statements, including a summary of signfficant accounting policies. The financial reporting framework that has been
applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial
Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of I￿land (United
Kingdom Generally Accepted Accounting Practice).
In our opinion. the financial statements..
give a Irue and fair view of the state of the charitable CoMpan￿S affairs as at 31 March 2024 and of its
incoming resources and application of resources, induding its income and expenditure, for the year then
ended:
have been properly prepared in accordan￿ with United Kingdom Generalty Accepted Accounting Practice;
and
have been prepared in accordan￿ with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordan￿ with Intemational Standards on Auditing (UK) (ISAS (UK)) and applicable
law. Our responsibililies under those standards are further described in the Auditorfs ￿sponSIbl1111eS for the audit of
the financial statements section of our report. We are independent of the charty in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK. including the FRC'S Ethical
Standard. and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe
that the audit evidence we have obtained is SuffI￿ent and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements. we have conduded that the Trustees, use of the going concern basis of
accounting in the preparation of the financial ststemenls is appropriate.
Based on the work we have perfonned, we have not identffied any malerial uncertainties relating to events or
conditions Ihat, individually or collectively, may cast significant doubt on the charity's ability to continue as a going
concern for a period of al least Iwelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to goirvJ concern are described in the
relevant sections of this report.
Other infomiation
The other information comprises the information induded in the annual report other than the financial statements
and our auditors report thereon. The Tmslees are responsible for the other infomiation contained within the annual
report. Our opinion on the financial statements does not cover the other infomiation and, except to the extent
otherwise explicitly slated in our report, we do not express any fomi of assurance conclusion thereon. Our
responsibilty is to read the other information and, in doing so. consider whether the other infomialion is materially
inconsistent with the financial statements or our knowledge obtained in the course of the audit. or otherwise appears
to be materially misstated. If we identify such material inconsistencies or apparenl material misstateménts, we are
required to detèmiine whether this gives rise to a material misstatement in the financial statements themselves. If,
based on the work we have performed. we condude that there is a matèrial misstatement of this other infomiation.
we are required lo report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit:
the information givèn in the Trustees, report for the financial year for which the financial statements are
prepared, which includes the directors, report prepared for the purposes of company law. is consistent with the
financial statements- and
the directors, report included wtlhin the TTUStees' report has been prepared in accordance with applicable legal
requirements.

WOMENS CENTRE DERRY LTD
INDEPENDENT AUDITOR'S REPORT {CONTINUED)
TO THE MEMBERS OF WOMENS CENTRE DERRY LTD
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and its enwronment obtained in the course of the
audit, we have not identified material misstatements in the directors, report induded within the Trustees. report.
We have nothing to report in resped of the following matters in relation to which Ihe Companies Act 2006 ￿UIreS
us to report to you if, in our opinion..
adequate accounting records have not been kept. or retums adequate for our audtt have not been received
from branches not visited by us., or
the financial statements are not in agreement with the accounting records and retums,. or
certain disclosures of trustees. remuneration specified by law are not made., or
we have not recèived all the infomation and explanations we require for our audit., or
the Trustees were not entitled lo prepare the financial statements in accordance with the small companies
regime and take advantage of the small companies. exemptions in preparing the Trustees, report and from the
requirement to prepare a strategic report.
Responsibilities of Trustees
As explained more fully in the statement of Trustees, responsibilities, the Trustees. who are also the directors of the
charity for the purpose of company law, are responsible for the preparation of the financial statements and for being
satisfied that they give a true and fair view, and for such intemal control as the Trustees determine is necessary to
enable the preparation of financial statements that are free from material misstatement. whether due to fraud or
error. In preparing the financial statements, the Trustees are responsible for assessing the charity's ability to
continue as a going concern. disclosing, as applicable, matters related to going con￿rn and using the going
concern basis of accounting unless the Trustees either intend to Iwuidate the charitable ￿MpanY or to cease
operations, or have no realistic attemative but to do so.
Audttorfs responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assuran￿ about whether the finanual statements as a whole are free from
material misstatement, whether due to fraud or error, and to issue an auditorfs report that indudes our opinion.
Reasonable assurance is a high level of assurance bul is not a guarantee that an audit conducted in accordance
with ISAS {UK) will always delect a material misstatement when it exists. Misstatements can arise from fraud or
error and are considered matèrial rf, individLJally or in the aggregate. they could reasonably be expected to influence
the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, induding fraud, is detailed below.
Extent to which the audit was considered capable of detecting irregularities, includlng frdud
The objectives of our audit in respect of fraud. are.. to identify and assess the risks of material misstatement of the
financial slalements due to fraud,. lo obtain SLJfficient appropriate audit eviden￿ regarding the assessed risks of
material misstatement due to fraud, through designing and implementing appropriate responses to those assessed
risks,. and to respond appropriately to instances of fraud or suspected fraud identified during the audit. However, the
primary responsibility for the prevention and detection of fraud rests with both management and those charged with
governance of the Charitable company.
Based on our understanding of the charitable company and tls operating enwronment, we determined that the most
significant frameworks which have a direct impact on the preparation of the financial statements are those related to
the reporting framework, (FRS 102, the Charities Act (Northem Ireland) 2008, The Charities (Accounts and Reports)
Regulations {Northern Ireland) 2015, the Charty SORP and the Companies Act 2CQ6). Additionally, we concluded
that there are signthcant laws and regulations in relation to the company's charitable status and activities of which
non-compliance may have a material effect on the financial statements.
We assessed the susceptibility of the charitable companys financial statements to material misstatement, including
how fraud might occur, including evaluating managemenfs incentives and opportuntties to manage earnings or
influence the reported results. From Ihe results of our assessment, we determined that the principal risks of fraud
relate lo posting inappropriate journal entries and use of charity funds for purposes outside of restrictions imposed
by the donor. In common with all audits under ISAS (UK). we are required to perform specific procedures to respond
to the risk of management override.

WOMENS CENTRE DERRY LTD
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF WOMENS CENTRE DERRY LTD
Audit response to risks idenlified
As part of an audrt in accordants with ISAS (UK) we exeruse professional judgement and maintain professional
sceplicism throughout the audit. Audtt procedures performed by the engagement team included..
Wè obtained an understanding of the charitable company's internal control systems in order to design audit
procedures that are appropriate in the urcumstances, but not for the purposes of expressing an opinion on
the effectiveness of the charitable company's intemal control.
We obtained an understanding of how the charitable company complies with relevant laws and regulations.
induding those as a result of tts registration with the Charity Commission for Northern Ireland and
charitable status with HM Revenue & Customs , by making enquiries of management and those charged
with governance.
Enquiry of management. those charged wtlh governan￿ and the entty's solicitors around actual and
potential litigation and claims.
Enquiry of entity staff to identify any instances of non-compliance with laws and regulations.
Performing analytical prO￿d￿reS to idenlify any unusual or unexpecled relationships that may indicale
risks of material misstatement due to fraud
Reviewing minutes of meetings of those charged with govemance
Reviewing financial statement disclosures and testing to supporting documentation to assess compliance
with applicable laws and regulations.
We lest the completeness of income to address the risk of fraud in relation to revenue recognition
Auditing the risk of management override of controls. induding through testing journal entries and other
adjustmènts for appropriateness. and evaluating the business rationale of significanl transactions that are
unusual or outside the normal ￿Urse of business.
Auditing the risk of use of charity funds outside of restrictions imposed by the donor by review of funding
letters of offer lo identify restriL#ions, and review of funding claims prepared by managemenl lo check
Complian￿ with restrictions.
We communicated relevant laws and regulations and potential fraud risks to all engagement team members, and
remained alert to any indications of fraud or non-compliance with law5 and regulations throughout the audit. There
are inherent limitations in the audit procedures described above and the fvrther removed non-compliance with laws
and regulations is from the events and transactions reflected in the financial slatements, the less likely we would
become aware of it. Also. the risk of not deteding a material misstatement due to fraud is higher than the risk of nol
detecting one resulting from error, as fraud may involve deliberate concealment through collusion, forgery,
intentional omissions. misrepresentations or the override of intemal control.
A further descriplion of Our responsibilities is available on the Financial Reporting Council's website at.. https'.11
www.frc.org.ukJauditorsresponsibilities. This description fomis part of our auditorfs report.
Use of our report
This report is made solely to the charitable company's members. as a body. in accordance with Chapter 3 of Part 16
of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's
members those matters we are required to stste to them in an auditols report and for no other purpose. To the
fullest extent permitted by law, we do not accept or assume responsibilty to anyone other than the charitable
company and the charitable company's members as a body. for our audit work. for this report, or for the opinions we
have formed.
Joh
radley (Senior Statut
Auditor)
forand on behalf of Moore (Nl) LLP
26 June 2024
Chartered Accountants
ststutory Auditor
21123 Clarendon Street
DerrylLondondery
BT48 7EP

WOMENS CENTRE DERRY LTD
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Current financial year
Unrestricted Unrestricted
funds
funds
general designatsd
2024
2024
Restricted
fvnds
Total
Total
2024
2024
2023
Notes
Income from:
Donations and legacies
Charitable actimties
Investments
72,522
6.724
72,522
335,864
9,599
615,873
329,140
Total income
79,254
329,140
408,394
625,472
Expenditure on:
Charitable activities
64.879
17.149
320,778
402,806
539,979
Totsl expenditure
64.879
17,149
320,778
402,806
539,979
Net incomel(expenditure}
14.375
117.149)
8.362
5,588
85,493
Transfers between funds
111,754
11,754
Net movement in funds
2,621
(17.149)
20.116
5,588
85,493
Reconciliation of funds:
Fund balances at 1 April 2023
293,384
459,364
53,556
806,304
720,811
Fund balances at 31 March 2024
296,005
442,215
73,672
811,892
806,304
The statemenl of financial activities includes all gains and losses recognised in the year. All inoome and expenditure
derive from continuing activities.
10-

WOMENS CENTRE DERRY LTD
STATEMENT OF FINANCIALACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Prior financial year
Unrestricted Unrestricted
funds
funds
genernl designated
2023
2023
Restricted
funds
Total
2023
2023
Notes
Income from:
Donations and lega￿eS
Charitable activities
9.599
10,307
9,599
615,873
605,566
Total income
19.9(
605,566
625,472
Expenditure on:
Charitable activities
14,248
17.149
508,582
539,979
Total expenditure
14,248
17.149
508,582
539,979
Net incomel(expenditure
5,658
(17,149)
96,984
85,493
Transfers belween funds
93,572
(93,572)
Net movement in funds
99,230
(17,149)
3,412
85,493
Reconciliation of funds:
Fund balances al 1 April 2022
194.154
476,513
50,144
720,811
Fund balances at 31 March 2023
293.384
459.364
53.556
806,304
11

WOMENS CENTRE DERRY LTD
BALANCE SHEET
AS AT31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
12
446.231
465,713
Current assets
Debtors
Cash at bank and in hand
13
35,507
350,696
66,441
301.724
386.203
368,165
Creditors: amounts falling due within
one year
14
120,542)
(27,574)
Net current assets
365,661
340,591
Total assets less current liabilities
811,892
806.304
Net assets
811,892
806,304
The funds ofthe charity
Restricted income funds
Unrestricted funds - general
Unrestricted funds- designated
17
73,672
296,005
442.215
53,556
293,384
459,364
18
811,892
806.304
These financial statements have been prepared in accordance with the provisions applicable to companies subject
lo the small companies regime.
The financial statements were approved by the Trustees on 26 June 2024
Denise Doherty
Trustse
hairperson)
Kathy Colh
Trustee
un (Treasurer)
Company registration number N1033263 (Northem Ireland)
12-

WOMENS CENTRE DERRY LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Charity inforniation
Womens Centre Derry Ltd is a private company limrted by guarantee incorporated in Northern Ireland. The
registered office is Beibhinn House, 5 Guildhall Street. Derry. BT48 6BB.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charty's governing document, the
Companies Act 2006 and "Accounting and Reporting by Charities.. Statemenl of Recommended Practice
applicable to charities preparing their accounts in accordance with the Finanpial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effeclNe 1 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 apptying FRS 102 Update Bulletin
1 not to prepare a Ststement of Cash Flows.
The financial statements are prepared in sterling, which is the functional (wrrency of the charty. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting
poliues adopted are set out below.
1.2 Going concem
At the time of approving thè financial statements, the Trustees have a reasonable expectation that Ihe charity
has adequate resources lo 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 Twstees in furtherance of their charitable
objectives.
Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to
set aside to use for a specific purpose.
Restricted funds are subject to specific condttions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met.
thè amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on reoipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require defe￿al of the amount. Income tax recoverable in
relation to donations received under Gfft Aid or deeds of Govenant is recognised at the time of the donation.
1.5 Expendlture
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it
is probable that settlement will bè required and the amount of thè obligation can be measured reliably.
Expenditure on charitable actniities indudes the costs of childcare and educational serwces undertaken to
further the purposes of the charity and their associated support costs.
13-

WOMENS CENTRE DERRY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting poli¢ies
{Continued)
Support costs are those fvnctions that assist the work of the charity but do not directly undertake charitable
activities. Support costs include back office costs. finance, personnel, payroll and governance costs which
support the charity's programmes and activities. The bases on which support costs have been allocated are
set out in note 7.
Irrecoverable VAT is c*arged as a cost against the actiwty for which the expenditure was incurred.
1.6 Tangible fixed assets
Tangible fixed assets are initialty measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to wrtte off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Freehold land and buildings
Fixtures and fittings
20A straight line
25% straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value of the asset. and is recognised in the ststement of financial activities.
1.7 Impairnient of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment
loss {rf any).
1.8 Cash and cash equivalents
Cash and cash equivalents indude Cash in hand. deposits held at ¢all with banks, other short-tem liquid
investments with original maturities of three months or less. and bank overdrafts. Bank overdrafis are shown
within borrowings in current liabililies.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basi¢ Financial Instruments, and Section 12
'Other Financial Instruments Issues. of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the L*arity becomes party to the
contractual provisions of the instrument
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets. which include debtors and cash and bank balan￿s. are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost Using the effective
inleresl method unless the arrangement constitutes a financing transaction. where the transaction is
measured at the present value of the future receipts dIS￿Unted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
14-

WOMENS CENTRE DERRY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Icontinued)
Basic financial liabilitiès
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction. where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost. using the effective interest rate method.
Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are dassified as current liabilities rf payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
Iransaction price and subsequenlly measured at amorts'sed cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the chari￿5 contractual obligations expire or are discharged or
cancelled.
1.10 Taxation
The company is a charity and is recognised as such by HM Revenue & Customs under the charity lax
reference XR 19291. As a result there is no liability lo taxation on any of its income.
1.11 Employee benefits
The cost of any unused holiday entrtlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the charty is demonstrably committed
to terminate the employment of an employee or to provide termination benefits.
1.12 Retirement benefits
Payments to defined contribution retirement benefft schemes are charged as an expense as they fall due.
Critical accounting estimates and Judgements
In the application of the charty's aC￿unting policies, the Trustees are required to make judgements,
estimates and assumptions aboLrt the carrying amount of assets and liabilities thal are not readily apparent
from other Sour￿$. The estimates and associated assumptions are based on histOriC21 èxperience and other
factors that are considered to be relevant. Actual resufts 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 affeds both current and future
periods.
15-

WOMENS CENTRE DERRY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from donations and legacies
Unrestricted Unrestricted
funds
funds
2024
2023
Donations and gifts
72,522
9,599
Donations and gifts
GROW Fund
WISER NI CIC
The Communty Foundation - Kingsbridge Foundation
Other
36,000
25,992
5,000
5,530
6,331
3,268
72,522
9,599
Income from charitable activities
Unrestricted Restrictsd
funds
funds
2024
2024
Totsl Unrestricted Restricted
funds
funds
2023
2023
Totsl
2024
2023
Courses and craft income
Performance related
grants
6,724
6,724
10.307
10,307
329,140
329,140
605,566
605,566
6,724
329,140
335,864
10,307
605,566
615,873
Perfomiance related grants analysis
2024
2023
Dept for the Economy- PROSPER 4
Depl for Communities- VCD
Dept for Communities - Regional Support
UKSPF - Success NW project
Derry City & Strabane District Council
National Lottery Community Fund - Women's Regional MAS programme
Nalional Lottery Community Fund - Recover Rebuild Renew
BBC Children in Need
Other
305.312
110,512
33,120
102,615
29,498
32,999
4,000
20,835
108.585
23.538
7,070
4,500
31,097
77,105
32,795
11.125
329,140
605,566
16-

WOMENS CENTRE DERRY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from inveslments
Unrestricted Unrestricted
funds
funds
2024
2023
Interest receivable
Expenditure on charitable activities
Charitsble
activities
Charitable
activities
2023
2024
Direct costs
Staff costs
Depreciation and impairment
Project expenses
Propety costs
Repairs and maintenace
Office costs
Advertising, marketing and publicty
Travel expenses
Staff training
Insurance
Consumables
Bank charges
General expenses
239,003
19.483
39,304
11,098
6,401
16,629
456
707
33
7,698
1,883
579
3,S81
317,888
20,144
72.749
15,125
21,366
13,554
1.469
350
7,453
3,458
509
5,104
346,855
480,018
Share of support and govemance costs {see note 7)
Support
Governan
51,151
4,800
55.161
4,800
402.806
539,979
Anatysls by fund
Unrestricted funds - general
Unrestricted funds - designated
Restricted funds
64,879
17,149
320,778
14,248
17.149
508,582
402,806
539,979
17-

WOMENS CENTRE DERRY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support costs allocated to activities
2024
2023
Staff costs
Governance costs
51,151
4.800
55,161
4,800
55,951
59,961
Anatysed between:
Charitable activities
55.951
59,961
Support costs are those functions that assist the work of the charity but do nol directly undertake charitable
activities. Support costs represent time spent by staff on back office work. finan￿, personnel, payroll and
govemance matters which are necessary to plan, direct and monttor the charivs programmes and activities.
Net movement in funds
2024
2023
The net movement in funds ts ststed after chargingl(crediting)'.
Fees payable for the audit of the charity's financial Statements
Deprecialion of owned tsngible fixed assets
4,800
19,483
4,800
20,144
Trustees
None of the Trustees (or any persons conneded with them) received any remuneration or benefits from the
charity during the year.
10 Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
13
17
Employment costs
2024
2023
Wages and salaries
Social security costs
Other pension costs
254,174
19.071
16,909
325,969
25,180
21,900
290.154
373,049
There were no employees vthose annual remuneration was more than £60.tKK).
18-

WOMENS CENTRE DERRY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
10 Employees
(Continued)
Remuneration of key management personnel
The remuneration of key management personnel was as follows".
2024
2023
Aggregate compensation
121.018
107,196
11 Taxation
The charity is èxempt from taxation on its activities because all its income is applied for charitable purposes.
12 Tangible fixed assets
Freehold land Flxturas and
and bulldlngs
ffttln
Total
Cost
At 1 April 2023
857.438
204.586 1,(￿2,024
At 31 March 2024
857,438
204.586 1,062,024
Depreciation and impairnient
At 1 April 2023
Depreciation charged in the year
398.072
17,149
198,238
2,334
596.310
19,483
At 31 March 2024
415,221
200,572
615,793
Carrying amount
At 31 March 2024
442,217
4,014
446,231
At 31 March 2023
459.365
6,348
465.713
13 Debtors
2024
2023
Amounts falling due within one year:
Amounts owed by related parties
Other debtors
26,318
9,189
11,500
54,941
35,507
66,441
19-

WOMENS CENTRE DERRY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
14 Creditors: amounts falling due within one year
2024
2023
Notes
Bank overdrafts
Accruals
15
8.056
12.486
3,727
23.847
20,542
27,574
15 Loans and overdrafts
2024
2023
Bank overdrafts
8,056
3,727
Payable within one year
8.056
3,727
16 Retirement benefit schemes
2024
2023
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes
30.321
40,507
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separatety from those of the charity in an independently administered fund.
-20-

WOMENS CENTRE DERRY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
17 Restricted funds
The restricted funds of the charty comprise the unexpended balances of donations and grants held on trust
subject to specific conditsons by donors as to how they may be used.
At 1 April
2023
Incoming
resources
Resources
expended
Transfers At 31 March
2024
Dept for Communities - VCD
Dept for Communities-
Regional Support
UKSPF - suc￿Ss NW project
Derry City & Strabane District
Council
WHSCT- SEEDS
HFNI Halifax Foundation
OCN NI
National Lottery Communty
Fund- Recover Rebuild Renew
BBC Children in Need
National Lottery Community
Fund - Women's Regional MAS
programme
102,615
(113,015)
10.400
914
29,498
32,999
(31,429)
{32,999)
1.017
4.000
360
3,740
2,970
14.282)
(2.816)
(1,085)
13,025)
282
9.400
3.588
6,944
6,243
ss
13,085
20.502
108.585
23.538
177,529)
134,8601
44.141
9,180
6.067
20,835
{19,738)
7,164
53.556
329,140
(320.778
11,754
73,672
Previous year:
At 1 April
2022
Incomlng Resources
resources
expended
Transfers At 31 March
2023
Dept for the Economy -
PROSPER 4
Depl for Communities- VCD
Depl for Communities-
Regional Support
Derry City & Strabane District
Council
Childcare Partnership Nl
WHSCT- SEEDS
Dept for the Economy - ESOL
NI (VPRSJ
HFNI Halifax Foundation
National Lottery Community
Fund
BBC Children in Need
Règional Women's Centres
Partnership - MAS project
Community Foundation Ireland
Screwfix Foundation
402
305,312
110.512
(207,180)
(116,932)
(98,534)
6,420
33,120
{32,206)
914
2,588
4.500
1,725
9.400
(7,088)
(1,725)
9,400
2,460
4,133
(2,460)
(545)
3,588
13,595
16,
77.105
32.795
(77.615)
{29,253)
13,085
20,502
2.931
2.075
5.O¢XI
31,097
(26.503)
(2.075)
(S.￿0}
(1.458)
6,067
50.144
605,566
(508.582)
(93,572)
53,556
21

WOMENS CENTRE DERRY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
17 Restricted funds
(Continued)
Dept for the Economy - PROSPER 4
Project supports women to access new skills. training opportunities, work experience and qualifications. The
project engages with women who are unemployed. economically inactive and far from the labour market. This
project was completed at 31 March 2023.
Dept for Communities - VCD
Core support for the organisation to maintain and support the delI￿ry of community development adivities,
education, childcare. information. signposting and support servir£s for women and children from
disadvantaged communities.
Deptfor Communities - Regional Support
This project supports WCD as part of a Consortium of seven established Women's Sector organisations. This
organisation works to support frontline women's organisations ensuring the delivery of identified specialist
functions on a regional basis, rural and urban across Northem Ireland.
UKSPF - Success NW
Shared Prosperity Fund- Success Northwest (SNW) project is an ambitious, Collaborative, consortium
approach. with community-based, partners in eighl communty hubs across the DCSDC area. The project
provides intensive and tailored interventions to those e￿noMiCallY inactive residents. The project uses
range of holistic approaches to address barriers and support indtviduals to secure sustainable, good quality
employment.
Derry City & Strabane District Council
This fund supports the Centre to promote social and economic regeneration in the DC&SDC area and lo
deliver programmes and services for women and families. The projed also contributes to the implementation
of the Council's shared future strategy by supporting women from minorty ethnic communities.
WHSCT- SEEDS
Funding for the provision of therapeutic and seffrycaTe support for vulnerable women and children.
HFNI Halifax Foundation
Funding for server and computer SOf￿are upgrades * the Centre.
National Lottery Community Fund
Funding for People and Communities RECOVER REBUILD RENEW projecL
BBC Children in Ne
This project will provide advocacy support and activities for Black and minorty ethnic, resettled, and refugee
children and young people.11 will reducÉ isolation. improve English skills, and increase health and wellbeing.
National Lottery Communlty Fund- Women's Regional MAS programme
Peri-Nalal Peer support programme. Advocacy & Mental Health Well-Being.
-22-

WOMENS CENTRE DERRY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
18 Unrestricted funds - designated
These are unrestricted fvnds which a￿ material to the charity's activities.
At 1 April
2023
Resources At 31 March
expended
2024
Designated property funds
459,364
117.149)
442.21 S
Previous year:
At 1 April
2022
Resources At 31 March
Èxpended
2023
Designated property funds
476.513
(17,149)
459.364
Designated funds is the value of unrestricted funds represented by the property at 5 Guildhall Square owned
and used by the charity on an ongoing basis for charitable activities. The period end balancè is equivalent to
the depreciated historic cost of the capital expendrture. A sum equivalènl to the depreciation charge on the
building will be allocated to the designated fund each period, until it is fully amortised.
19 Unrèstricted fvnds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 April
2023
Incoming
resources
Resources
expended
Transfers At 31 March
2024
General funds
293,384
79.254
(64.879
111,754)
296,OOS
Previous year.
At l April
2022
Incoming
resourcès
Resources
expended
Trdnsfers At 31 March
2023
General funds
194,154
19,906
(14.248)
93,572
293,384
-23-

WOMENS CENTRE DERRY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
20 Analysis of net assèts between funds
Unrestricted Unrestricted
funds
funds
genèral designated
2024
2024
Restrictsd
funds
Total
2024
2024
At 31 March 2024:
Tangible assets
Current assetsl(liabilities)
3,149
292.856
442,215
867
72,805
446.231
365.661
296.005
442.215
73,672
811,892
Unrestricted Unrestricted
funds
funds
general designated
2023
2023
Re$tii¢ted
funds
Total
2023
2023
At 31 March 2023:
Tangible assets
Currenl assetsl(liabilities)
3.325
290,059
459.364
3,024
50.532
465.713
340,591
293,384
459.364
53,556
806,304
21 Contingent Llabllities
Certain grants received and receivable may become repayable to the funder if the charity is no longer able to
meet the conditions undèr which they were awarded. Due to the nature of these contingencies it may not be
possible to quantify the potential financial effect or give an indicalion of the kn'ming as to the liabilities that may
arise.
22 Transfers between funds
During the year there have been net transfers between funds in the amount of £11.754 from unrestricted
general funds to restricted funds which represents the chartty's contribution from unrestricted general funds
towards the cost of providing charttable services.
In the prior period there were net transfers between funds in the amount of £93,572 from restricted funds to
unrestricted general funds as follows:
transfer of £99,992 (2022: £27,118) from restricted funds which represents surplus funding for indirect
costs in accordan￿ with funding agreements whith is being released and transferred to unrestricted
funds..
transfer of £6,420 (2022: £17.608) from unrestricted to restricted funds which represents the charitys
contribution from unrestricted funds towards the cost of providing charitable services.
-24-

WOMENS CENTRE DERRY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
23 Related party transactions
Transactions with related parties
The Women's Centre has a dose working relationship wtth WISER (NI) CIC, a communty interest company
which provides private childcare services and non-funded courses and workshops. The Board of Trustees of
the Women's Centre are also Board members of WISER (NI) CIC therefore both entities are under common
Gontrol.
During the year, the Women's Centre had the following transactions with WISER (NI) CIC..
secondment of a childcare staff member to WISER for the provision of childcare services. The total
amount invoiced to WISER was £3,000 (2023.. £3.000). This amount was paid in full before the year
end (2023- £3,000)-
Women's Centre paid £1,283 (2023.. nil) in relation to course registration fees on behalf of WISER.
This amount was repaid in full by the year end.
gift aid covenant income from WESER in the amount of £25.992 (2023.. £6.332). This amount is
included within donats'ons and legacies and remains OLrtstanding at the year end (2023.. £6.332).
24 Auditors. Ethical Stsndards
In common with many businesses of its size and nature, the charrty uses Tts auditors to assist with the
compilation of the statutory financial ststements.
-25-