COMPANY REGISTRATION NUMBER: N1037440
CHARITY REGISTRATION NUMBER: NIC100193
Northdown Communityworks
Company Limited by Guarantee
Consolidated Financial Statements
30 June 2023

Northdown Communityworks
Company Limited by Guarantee
Financial Statements
Year ended 30 June 2023
Page
Trustees, annual report (incorporating the directorfs report)
Independent auditor's report to the members
Consolidated Statement of financial activities (including income
and expenditure account)
Consolidated Statement of financial position
10
Company Statement of financial position
Consolidated Statement of cash flows
11
12
Notes to the financial statements
13

Page 1
Northdown Communityworks
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 30 June 2023
The trustees, who are also th'e directors for the purposes of compahy law, Present their report and the
financial statements of the charity for the year ended 30 June 2023.
Reference and administra'tive details
Registered charity name
Northdown Cofflmunityworks
Charity registration number
NIC100193
Company registration numbe'r N1037440
Principal office and registered 3 Glenford Way
office
Newtownards
Co Down
BT23 4BX
The trustees
Mr A Beattie
Ms J Bailie
Ms E Bell
Mr R Bell
Mr R Craig
Mr J Mcclelland
(resigned 21 October 2022)
Company secretary
Mr R Craig
Auditor
Johnston Graham Limited
Chartered accountants & statutory auditor
2161218 Holywood Road
Belfast
BT4 1PD
Structurei governance and management
Northdown Communityworks, which is registered as a charity with the Charity Comrnission for
Northem Ireland, was incorporated as a company limited by guarantee in Northern Ireland on 29
November 1999. registration number N137440, with the objective of undertaking charitable activities
for the benefit of the inhabitants of Northern Ireland.
In the event of the Company being wound up members are required to contribute an amount not
exceeding £10 each.
The first trustees were appointed by the members. Additional and replacement trustees are appointed
by a simple majority resolution of the board or members. Trustees do not have a term of office and are
not subject to retirement by rotation or re*lection.

Page 2
Northdown Communityworks
Company Limited b'y Guarantee
Trustees, Annual Report (Incorporating the Directorfs Report) (continued)
Year ended 30 June 2023
Objectives and activitie's
Th'e objective's of the charity include..
The relief of poverty
- Advancement of education
Promoting the welfare of the ag'ed
Preservation and protection of health through the provision of counselling
Provision of facilities in the interests of social welfare
In the past year the Trustees of Northdown Communityworks, its staff, volunteers and members have
remained committed to developing the work of the charity and ensuring that the objectives of the
charity are delivered on.
The trustees remain committed lo developing and promoting good governance as this allows us, and
the entire team at Northdown Communityworks, our staff, volunteers, and members to deliver activities
which meet our objectives. We remained committed to continual development of our poliGies, strategic
plans and monitoring reports which are needed to ensure that the standard of the work remains high
and any areas for improvement can be properly identified. We have also continued to work with
outside professional organisations to deliver appropriate assistance for the members of the
community. Staff, volunteers and trustees are trained to ensure skilled services are delivered to
members and to the wider community in line with our objectives as a charity.
The direct benefits flowing from our purposes throughout the year are varied. They include, but are not
limited to, those listed below.
We continued to deliver our range of food programmes including providing food to those who
are unable to provide food for their families.
We continued in our partnership with the South-Eastem Regional College and other local
providers to ensure the advancement of education locally.
We provided placements for SERC in our kitchen overseen by our professional chef. and in
Wear & Share to develop retail training.
We provided training for our volunteers and members which facilitated the advancement of
education.
We continued to deliver a range of drop-in services. These drop ins have included our very
successful breakfast drop in, activity-based groups and programmes which have allowed a
range of ages, including older people. space to join in community projects which promoted
their welfare and provided facilities in the interests of social welfare.
We worked in partnership with Community Advice and Ards and North Down Bourgh Council
to provide an advi￿ service which meets a range of our objectives.
We provided a range of summer clubs and projects for younger people and their families
which included a holiday lunch scheme throughout the summer and a range of activities
throughout the year.
We continued to deliver Wear & Share offering free clothing and household items ensuring
that people experiencing povety and crisis could access clothing suitable for their irnmediate
needs.
We were able to promote the welfare of elderly people by engaging the local community to
write cards and provide gifts for them through the 'Silver Santa. scheme.
Our social supermarket - Well Fed
was launched in conjunction with Ards & North Down
Borough Council. This is a pilot scheme to understand how best to meet the needs of our
community. Users of the scheme have access to support services, in addition to a fully
stocked supemarket.
We purchased 3 Glenford Way during the year. Plans are underway for the redevelopment of
the building to provide a suitable and comfortable space to continue the projects in the years
to come.

Page 3
Northdown Communityworks
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (witlnued)
Year ended 30 June 2023
Overall, it was another busy ye2r which developed, and evolved, the activities that the charity
provides.
The direct benefits floviing frorn these purposes include ￿dUcIng the impact of social deprivation,
addressing poverty, providing well-balanced meals, improving educats'onal outcomes, improving the
health and quality of life of older people, improving mental health and family relationships and
improved physical and mental health outcomes.
The charity also owns the entire share capital of Openhouse Enterprises Limited and Northdown
Enterprises Limited, both of which are companies registered in Northern Ireland.
Strategic report
The following sections for achievements and performance and financial review fomi the strategic
report of the charity.
Achievements and performance
The Charity continued to provide oversight to affiliated charities and provide guidance and financial
support where appropriate.
Northdown Enterprises Limited, one of the Charity's subsidiary undertakings, continued to deliver
counselling services and personnel development services including the Independent Counselling
Schools Service (ICSS) contract for post-primary schools throughout Northern Ireland for the
Education Authority for Northern Ireland. It also provides counselling to approximately 40 primary
schools as well as a large number of individual clients.
During the year, this company assisted with donations to the parent company to enable it to achieve
its charitable objectives.
The trustees thank all those involved for their hard work in developing Communityworks.
ReseNes Policy
The trustees have not set a minimum level of reserves higher than the amount required for its fixed
asset investments since all expenditure is currently discretionary.
The trustees regularly review the level of reserves held and consider opportunities to apply them in
line with. and in furtherance of, its charitable objectives.
Financial review
Incoming resources for Northdown Communityworks and its subsidiary companies totalled £3.036,712
compared to £2,727,868 for the year to 30 June 2022, with outgoing resour￿5 of £2.588,018
(£2,300,006 in 2022). At 31 March 2023 the group showed a consolidated net asset position of
£2,039,832.
Plans for future periods
The company plans to achieve sustainable growth in the coming year. They plan to build on the
current successes in order that they maintain and de'velop the range of seplices aimed at sepling the
local community.

Pago 4
Northdown Communltyworks
Company Umlted by Guarantee
Trustees. Annual Report (Incorporatlng the Dlrectofs Report) (¢ondnu•dl
Year ended 30 June 2023
Trustse8' rn#pon61bllltlo6 statemMt
The tNstaes, vtho are also d1￿CtOrS for the purp08es of company law. ar8 responsible for preparing
the trustees, report and the financial statements in accordanc8 with appIl￿ble law arKI United
ngdom Accountlng Standards (Unltad Klngdom Gen6rally Accfjpted Accounting Practt¢e).
Company law requires th8 chartty"trust86S to prepare Iln8ncial statements for 8ach.year whlch gfvo a
truo and fair.view of tho ststo of affalrs of the charitsble company and the In￿rnI￿ resources and
application of resour¢es, induding the income aRd expenditure, for that period.
In prepwirw these financial sL8tements. the tsustees are requlred to:
select suttabla accountlng pdld8s and then apply them conslstenty",
observe the methods and PTinclples.In the 8pplicab18 Charitles SORP;
mak6 Judgments and accA)unilng estlmates that are reasonable and prudent;
stste whether applicable UK A(￿unting Stsndards have been followed.. sutie(* to any material
departures disclosad and explained In the financial stat8m8nts:
prepare th8 ffiTwKial stalemènts on the going conom basis unless it is,inappTopriate' lo presumo
that the Charity will contlnue In buslness.
Th8 trustees gre responsible for keeping adequate accounting recaxds that are sufficient to show and
explain the chwitls transactions and dlsdose wlth reasonable 8ccuraGy at any lime tha financhal
posltion of the chaiity and enable them to ensure that the financial slatements compty wlth the
Companies Aci 2006. They ar8 atso responsible for safegu8rding the assets of the charity and hence
for takin9 reasonable 8t8ps for th8 prevention and detection of traud and other lffegularlti86.
Auditor
Each of the persons vtho is a trustee at the date of appmval of this report c¥)nfirThts thatr.
so lar as they are awar4 there is no ralevant.audil' infomialion of which the chari￿.$ auditor. Is
unaware:.arKI
Ihey hav8 taken all steps that th8y ought to have takon as a trustee to makè themsel￿ aware of
any relevanl audit infomiation and to 8stablish that tha ¢haritys auditor is wware of that
infomwtion.
The trustees. annual report and the strategifj report were approved on 26 March 2024 aTrJ signed on
behalf of the bcth of tnjstees by:
MrA
Trnstee

Page S
Northdown Communityworks
Company Limited by Guarantee
Independent Auditorfs Report to the Members of Northdown Communityworks
Year ended 30 June 2023
Opinion
We have audited the consolidated financial statements of Northdown Cominuniworks (the '¢harity')
and its subsidiaries {the "group.) for the year ended 30 June 2023 which comprise the consolidated
statement of financial activities (including income and expenditure account), consolidated statement of
financial position. company statement of financial position, consolidated statement of cash flows and
the related notes, including a summary of significant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland (United Kingdom Generally Accepted Accounting Practice).
Sn our opinion the financial statements-
give a true and fair view of the state of the charity and the group's affairs as at 30 June 2023 and
of its incoming resources and application of resources. including its income and expenditure, ftir
the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practi￿",
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the auditor's
responsibilities for the audit of the financial ststements section of our reporL We are independent of
the charity in accordance wth 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 eviden￿ we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements. we have concluded that the trustees, use of the going Concern
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed. we have not identified any material uncertainties relating to
events or conditions that, individually or collectively. may cast significant doubt on the charity's ability
to continue as a going concern for a period of at least ￿e1ve months from when the financial
statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described
in the relevant sections of this report.

Page 6
Northdown Communityworks
Company Limited by Guarantee
Independent Auditor's Report to the Members of Northdown Communityworks
fcontinuedj
Year ended 30 June 2023
Other information
The other information comprises the information included in th'e annual report, other than the financial
statements and our auditor's report thereon. The trustees are responsible for the other infomiation.
Our opinion on the financial statemen15 does not cover the other information and, except to the extent
othetwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial ststements, our responsibility is to read the other
information and, in doing so, consider whether the other information is materially inconsistent with the
financial statements or our knowledge obtained in the audit or otherwise appears to be materially
misstated. If we identify such material inconsistencies or apparent material misstatements, we are
required to detemine whether there is a material misstatement in the financial ststements or a
material misstatement of the other information. If, based on the work w'e have performed. we conclude
that there is a material misstatement of this other infomiation, we are required to 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 the audit:
the information given in the trustees, report for the financial year for which the financial
statements are prepared is consistent with the financial statements,. and
the trustee5' report has been prepared in accordance with applicable legal requirements.
Matters on which we are requlred to report by exception
In the light of the knowledge and understanding of the charity and its environment obtained in the
course of the audit, we have not identified material misststements in the trustees, report.
We have nothing to report in respect of the following matters in ￿latiOn to which the Companies Act
2006 requires us to report to you if, in our opinion:
adequate accounting records have not been kept, or returns adequate for our audit have not
been received from branches not visited by us. or
the financial statements are not in agreement with the accounting records and returns: or
certain disclosures of trustees, remuneration specified by law are not made. or
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the trustees, responsibilities statement. the truste'es {who are also the
directors for the purposes 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 internal control as
the trustees detemine 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 ststements, the trustees are responsible for assessing the charity and the
group's ability to continue as a going concern, disclosing, as applicable, matters related to going
concem and using the going concem basis of accounting unless the trustees either intend to liquidate
the charity or to cease operations, or have no realistic altemative but to do so.

Page 7
Northdown Communityworks
Company Limited by Guarantse
Independent Auditor's Report to the Members of Northdown Communityworks
(continued)
Year ended 30 June 2023
Auditor's re'sponsibilities for th'e audit of the flnancial state'ments
Our objectives a￿ to obtain rea'sonable assurance about whether the financial statements as a whole
are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that
includes our opinion. Reasonable assurance is a high level of assuran￿, but is not a guarantee that
an audit conducted in accordance with ISAS (UK) will always detect a material misstatement'when it
exists. Misstatements can arise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected to influence the economic decisions of users taken on
the basis of these financial statements.
Irregularities. including fraud, are instances of non-compliance with laws and re'gulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect
of irregularities. including fraud. The extent to which our prO￿dureS are capable of detecting
irregularities, including fraud is detailed below..
As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain
professional S￿pticisrn throughout the audit. We also:
Identify and assess the risks of material misstatement of the financial statements. whether due to
fraud or error, design and perform audit procedures responsive to those risks, and obtsin audit
evidence that is sufficient and appropriate to provide a basis for our opinion, The risk of not
detecting a material misstatement resulting from fraud is higher than for one resulting from error.
as fraud may invo5ve collusion, forgery, intentional omissions. misrepresentations, or the override
of internal control,
Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the Circumstances, but not for the purpose of expressing an
opinion on the effectiveness of the internal control.
Evaluate the appropriateness of accounting policies used and the reasonable'ness of accounting
estimates and related disclosures made by the trustees.
Conclude on the appropriateness of the trustees. use of the going concern basis of accounting
and, based on the audit evidence obtained, whether a material uncertainty exists related to
events or conditions that may cast significant doubt on the charity or the group's ability to
continue as a going concern. If we conclude that a material uncertainty exists, we are required to
draw attention in our auditorfs report to the related disclosures in the financial statements or. rf
such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit
evidence obtained up to the date of our auditor's report. However, fvture events or conditions
may cause the charity to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the financial statements. including the
disclosures, and whether the financial statements represent the underlying transaGts'ons and
events in a manner that achieves fair presentation.

Page 8
Northdown Communityworks
Company Limited by Guarantee
Independent Auditor's Report to the Members of Northdown Communityworks
(contlnued)
Year ended 30 June 2023
We communicate with those charged with governance reg'ar'ding, among other matters, the planned
scope and timing of the au(fit and significant audit findings, including any significant deficiencies in
internal control that we identify during our audit.
Use of our report
This report is made solely to the charity'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
charity's members those matters we are required to stste to them in an auditor's report and for no
other purpose. To the fullest extent permitted by law, we do not ac￿pt or assume responsibility to
anyone other than the charity and the charity's mernbers as a body. for our audit work, for this report,
or for the opinions we have formed.
Ms E Mulholland (Senior Statutory Auditor)
For and on behalf of
Johnston Graham Limited
Chartered accountants & statutory auditor
2161218 Holywood Road
Belfast
BT41PD
26 March 2024

Page 9
Northdown Communityworks
Company Limited by Guarantee
Consolidated Statement of Financial Activities
(including income and expenditure accoun't)
Year ended 30 June 2023
2023
Restricted
funds Totsl funds
2022
Unrestricte'd
funds
Total funds
Note
Income and endowments
Donations and legacies
Other trading activities
Investment income
16,911
2,870.861
8,115
140,825
157,736
2,870,861
8,115
3,036,712
31.707
2,723,761
620
Total income
2,895,887
140.825
2,756.088
Expenditure
Expenditure on raising funds:
Costs of other trading activities
Expenditure on charitable activities
Taxation
2,328,501
123,506
1,573
2,328,501
257,944
1,573
2,588.018
2,177,936
148,871
1.419
2,328.226
10,11
134,438
Totsl expenditure
2.453,580
134,438
Net income and net movement in funds
442,307
6,387
448.6g4
427.862
Reconciliation of funds
Totsl funds brought forward
Total funds carried forward
1,588,946
2,192
1,591,138
2.039,832
1.163,276
1.591,138
2,031.253
8,579
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 13 to 21 form part of these financial ststernents.

Pag• 10
Northdown Communityworks
Company Limlted by Guaranteg
Consolidated Statement of Flnancial Posltlon
30 June 2023
2022
Flxed as8ets
Tangible fixed awts
15
Current assets
Debtors
Cash at bank'and in hand
.16
n6,954
1,631.293
2.368,247
821.888
1,352,605
2,174,493
Credltors: amounts.falllng due wlthlry on•'year
Not curront assots
17 658.663
1.575.810
Total as86ts10s8 Currant Ilabllltle8
Provlslons
18
Not asset8
2,039,832,
1,591,138
Funds of.Ihe.charlty
Restricted fvnds
Unrestricted fvnds
2..192
1.588,946
1.591.138
2,03.1.253
19 .2,039.832
Total Gharlty fund8
These financAal statements were approved by the board or trustees and authotised for13sue oh 26
Marth 2024, and are sign8d on behallrf the board by.
Mr A Beattie
Trustee

Pagè.11
Northdown Communityworks
Company Llmftedby Guarantse
Company Statement of Flnanclal Posltlon
Year ended 30 Jun• 2023
2023
2022
Flxed a's80ts
Tangible fixed o￿ts
Investmonts
15
322.n4
20.001
20,001
342,775
Current assèts
Debto
Cash at.bank aftd in hand
58S,822
1.077,897
1.663.719.
563.583.
975.294
Credftorn: amounts falllng duo vAthln ono yèar
Net curyonl ￿Sets
17
1.600.896
1,943.671
1.943.671
1,474.105
1500.990
1,500,990
Tolal assets1088 curr•nt.Ilablllll8s
Net assets
Funds of the ¢hartty
Restricted funds
Unrestricted fvnds
8.S79
1,935.092
1.943,671
1192.
1,498.798
1,500,990
Total charity fvnds
These financial statements. have baen prepared in accordance WAth ts provis￿ appli¢ablo 10
companies subject.to the small (y)mpanies' regime.
These finanrial :stst8ments were approved by the board of trustge8 and authoTised for issue on 2&
March 2024,. and are signed on behalf of the board by:
Mr
èatde
Trustee

Page 12
Northdown Communityworks
Company Limited by Guarantee
Consolidated Statement of Cash Flows
Year ended 30 June 2023
2023
2022
Cash flows from operating activities
Net income
448,694
427,862
Adjustments for
Depreciation of tangible fixed assets
Other interest receivable and similar income
Interest payable and similar charges
Taxation
Accrued exp"ensesl(income)
12,445
(8,115)
1,292
1,573
4,503
18,663
(620)
1,222
1,419
(3,036)
Changes in."
Trade and other debtors
Trade and other creditors
643,668 {1,028,208)
(502,095)
582.044
601,965
{654)
Cash generated from operations
Interest paid
Interest received
Tax paid
Net cash froml(used in) operating activities
{1.292)
8,115
(2,735)
606.053
(1.222)
620
(545)
(1,801)
Cash flows from investing activities
Purchase of tsngible assets
Net cash used in investing activities
{327,139)
{327,139)
(14,622)
(14,622)
Net increaselldecrea'se) in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
278,914
1,352,605
1,631,519
{16.423)
1.370,359
1,353,936
The notes on pages 13 to 21 forrii part of these financial state'rnents.

Page 13
Northdown Communityworks
Company Limitsd by Guarantee
Notes to the Financial Ststements
Year ended 30 June 2023
General information
The charity is a public benefit entity and a private company limited by guarantee, re'gistered in
Northern Ireland and a registered charity in Northern Ireland. The address of the registered office
is 3 Glenford Way, Newtownards, Co Down. 8T23 48X.
State'ment of ¢ompliance
These financial statements have been prepared in compliance with FRS 102, 'The FinanGial
Reporting Standard applicable in the UK and the Republic of Ireland,, the 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) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accounting policies
Basis ot preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity-
Going concern
There aré no material un￿rtaintieS about the charity's ability to continue.
Consolidation
The financial ststements consolidate the financial statements of North Down Community Works
and its subsidiary undertakings.
The parent company has applied the exemption contsined in section 408 of the Companies Act
2006 and had not presented its individual statement of financial activities.
Judgements and key sources of estimation uncertalnty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors, including expectations
of fiJture events that are believed to be reasonable under the circumstances.
Income tax
The taxation expense represents the aggregate amount of current and deferred tsx recognised in
the reporting period.
Current tax is recognised on taxable income or expenditure for the current and past periods,.
Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and
laws that have been enacted or substantively enacted al the reporting date.

Page 14
Northdown Communityworks
Company Limited by Guarantse
Notes to the Financial Statements (Conbnued)
Year ended 30 June 2023
Accounting policies (¢ontlnuedJ
Income tax fcontintse(J)
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieve'd
tax losses and other deferred tax assets are recognised to the extent that it is probable that Ihey
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively
enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal, and fall into one of sub-classes.. restricted income funds or
endowment funds.
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity; it is probable that the economic benefits associated with the transaction
will flow to the Charity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income".
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the
accounts when received if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.

Page 15
Northdown Communityworks
Company Limited by Guarantee
Notes to the Financial Statsments (continued)
Year ended 30 June 2023
Accounting policies (continued)
Resources expended
Expenditure is recognised on an acGruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates:
expenditure on raising funds includes the costs of all fundraising activities, events,
non-charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resour￿. Direct costs
attributsble to a single activity are allocated directly to that activity. Shared costs are apportioned
be￿een the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently ststed at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation. is recognised in other
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to which it oftsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the ststement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value, over the useful economic life of that asset as follows:
Fixtures and fittings
Premises fit out Costs
20Q/o, 25Yts or 33.330/0 Straight line
100/0 Strai9ht line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount. the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.

Page 16
Northdown Communityworks
Company Limited by Guarantee
Notes to the Financial Statements (Continued)
Year ended 30 June 2023
Accountin'g policies (continued)
Impaimient of fixed ass'ets (contlnued)
For the purposes of impairm'ent testing, when it is not possible to estimate th'e recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the
cash-generating unit to which the asset belongs. The cash-generating unit is the smallest
identifiable group of assets that includes the asset and generates cash inflows that largely
independent of the cash intlows from other as'sets or groups of assets.
For impairme'nt testing of goodwill. the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a
past event, it is probable that the entity will be required to transfer economic benefits in
settlement and the amount of the obligation can be estimated reliably. Provisions are recognised
as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the
obligation at the ￿porting date and subsequently reviewed at each reporting date and adjusted
to reflect the current best estimate of the amount that would be required to settle the obligation.
Any adjustments to the amounts previously recognised are recognised in income or expenditure
unless the provision was originally recognised as part of the ￿st of an asset. When a provision is
measured at the present value of the amount expected to be required to settle the obligation, the
unwinding of the discount is recognised as a finance cost in the statement of financial activities in
the period it arises, and is allocaled to the appropriate expenditure heading.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the
contractual provisions of the instrurnent.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs, unless the arrangement constitutes a financing transaction, where
it is recognised at the present value of the future payments discounted at a market rate of
interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other
consKleration expected to be paid or received and not discounted.
Debt instwments are subsequently measured at amortised cost.
Limited by guarantee
The charity does not have a share capital and is limited by guarantee.

Page 17
Northdown Communityworks
Company Limited by Guarantee
Notes to the Financial Ststements (continuedj
Year ended 30 June 2023
Donations and legacies
un.￿'strICt.ed
Funds
Restricte'd Totsl Funds
Funds
2023
Donation's
Offerings and donations
Grants and other donations
4,043
12,868
16,911
5,132
135,693
9.175
148.561
140,825
157.736
Unrestricted Restricted Total Funds
Funds
Funds
2022
Donations
Offerings and donations
Donations - Other
3.688
19.996
23,682
8,025
11,713
19.996
8,025
31,707
Other trading activities
Unrestricted Total Funds Unrestricted Totsl Funds
Funds
2023
Funds
2022
Northdown Enterprises Ltd
2,870,861
2,870,861
2,723,761
2,723,761
Investment in¢ome
Unrestricted Totsl Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Bank interest re￿1vable
8,115
8.115
620
620
Costs of raising donations and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Costs of raising donations and legacies
Donations

Page 18
Northdown Communityworks
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 June 2023
Costs of other trading activities
Unrestricted Total Fun'ds Unrestricted Total Funds
Funds
2023
Funds
2022
North Down Enterprises Limited
2,328,501
2,328.501
2.177,936
2,177,936
10. Expenditure on charitable activi'ties by fund type
Un'restricted
Funds
Restricted Total Funds
Funds
2023
Charitable activities
123,506
134.438
257,944
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Charitable activities
143,038
5.833
148.871
11. Expenditure on charitable activities by activity type
Activities
undertaken Total funds
directly
2023
Totsl fund
2022
Charitable activities
257.944
257,944
148,871
12. Net income
Net income is stated after chargingl{crediting):
2023
2022
Depreciation of tangible fixed ass'ets
12,445
18,663
13. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows;
2023
2022
Wages and salaries
2,093,401
1,920,016
The average head count of employees during the year was 135 (2022: 136).
No employee received employee benefits of more than £60,000 during the year (2022: Nil).

Page 19
Northdown Communityworks
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 June 2023
14. Trustee remuneration and expenses
No remuneration was received by the trustees in respect of their role as trustee. However two of
the trustees Ms J Bailie and Mrs E Bell ( up to the date of r'esignation as a twstee ) received
remuneration from the group for professional Ser￿l￿S rendered in these companies in the
collective amount of £42,353.
15. Tangible fixed assets
Freehold Fixtures and Prernises fit
propety
fittings
out costs
Total
Cost
At 1 July 2022
Additions
105,606
12,139
28,361
133,967
327,139
315,000
At 30 June 2023
315.000
117,745
28,361
461,106
Depreciation
At 1 July 2022
Charge for the year
At 30 June 2023
89,716
11,027
26.943
1.418
116,659
12,445
100,743
28.361
129,104
Carrying amount
At 30 June 2023
315,000
17,002
15,890
332,002
17,308
At 30 June 2022
1,418
Company
Land and Fixture's and
buildings
fittings
Totsl
Cost
At 1 July 2022
Additions
11,953
4,723
16,676
11.953
319,723
315,000
315,000
At 30 June 2023
331,676
Depreciation
At 1 July 2022
Charge for the year
At 30 June 2023
5,069
3,833
8,902
5.069
3,833
8,902
Carrying amount
At 30 June 2023
315,000
7.774
6,884
322,774
6.884
At 30 June 2022

Page 20
Northdown Communityworks
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 June 2023
16. Debtors
Group
Company
2023
2022
2023
2022
Trade debtors
Amounts owed from group undertakings
Prepayments and accrued income
Other debtors
688,579
791,714
534,774
19,142
31,906
558,734
13.542
34,833
24,624
5.550
4,489
736.954
821,888
585.822
563.583
17. Creditors.. amounts falling due within one year
Group
Company
2023
2022
2023
2022
Trade creditors
Accruals and deferred income
Corporation tax
Social security and other taxes
Other creditors
56,826
25,193
1,563
171,688
403.393
61,294
20,690
2,725
150,720
363,254
31,011
25,196
37,466
20,690
6.616
6.616
658,663
598.683
62.823
64.772
18. Provlsions
Deferred tax
(note )
At 1 July 2022
Charge against provision
1,980
{226)

Page 21
Northdown Communityworks
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 June 2023
19. Analysls of charitable funds
Unrestricted funds
At
Income Expenditure 30 June 23
At 1 July 22
General funds
1.588,946
2,895,887 (2,453,580) 2,031,253
At 1 July 21
Income Expe'nditure At 30 June 22
General funds
1,163,276
2,719,843 {2,294,173) 1,588,946
Restricted funds
At
Income Expenditure 30 June 2023
4t 1 July 2022
Restricted Fund
2,192
140,825
{134,438)
8,579
At
Income Expenditure 30 June 2022
4t 1 July 2021
RestrTrcted Fund
8,025
(5,833)
2,192
20. Analysis of net assets between funds
Unrestricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Provisions
332.002
332.002
2,368.247
2,368,247
(658,6631 (658,663)
(1,754)
(1,754)
2,039,832
2,039,832
Net assets
Unrestricted Total Funds
Funds
2022
Tangible'fixed assets
Current assets
Creditors less than 1 year
Provisions
17,349
17,349
2.733,182
2.733,182
(1.157,417) (1.157.417)
(1,980)
(1,980)
1.591,134
1.591,134
Net assets
21. Analysis of changes in net debt
At
At 1 Jul 2022 Cash flows 30 Jun 2023
Cash at bank and in hand
1.352,605
278,688
1.631,293