Company registration nurnber.. N1037440
Charity rcgistration number: NICI 00193
NorthDown Communityworks
(A company limited by guarantee)
Atmual Report and Consolidated Firwicial Statements
for the Year Ended 30 June 2024

NorthDown Communityworks
Contents
Tn15tees' Report
Ito4
Independent Auditor5, Report
5t07
Consolidated Siatement of Financial Activities
Consolidated Balance Sheet
Balance Sheet
10
Consolidated Statement of Cash Flows
Notes lo the Financial Statement5
12to21

NorthDown Communityworks
Trustees, Report (Including the Directorls Report)
The In￿tee8. who are directors for the purposes of company law. present the annual report together the
financial statements and auditors, report of the charitable company for the year ended 30 June 2024.
Reference and Admlnistrative Details
Charity Registration Number:
NIC100193
Company Registration Number:
N1037440
Registered Office:
3 Glenford Way
Newlownards
Down
BT23 6TP
Independent Auditor
RBCA Limited
Linenhall Exchange
26 Linenhall Street
Belfast
BT2 8BG
Trustee$ and Officer5
The tn￿leeS and officers serving during the year and since the year end w¢re 8$ follows:
Mr A Beattie
Mr J Mcclelland
Mr R Craig
Mr G Haire (appointed 4 September 2024)
Ms L Duff (appointed 3 March 2025)
Ms J Sterling (appointed 3 March 2025)
Mr M Kennedy (appointed 3 March 2025)
Ms J Bailie (resigmed 31 August 2024)
Mr R Bell (resigned 20 August 2024)
Structure* governance and maDagement
Northdown Communityworks, which is registered as a ¢haiity with the Charity Commission for Northern
Ireland, was incorporated as a company limited by guardniee in Northem Ireland on 29 Novemb¢r 1999,
registration number N137440, with the objertive of UDdertaking cbaritable aclivilies for the b¢n¢fit of the
inhabitants of Northern Ireland.
In the event of the Company being wound up members are reqiiired to contribute an amount not exceeding £ l O
each.
The first trnstees were appointed by the members. Additional and replmcernent trustees are appointed by
simple majority resolution of the board or members. Trustees do not have a tenn of office and are not subject to
retirement by rotation or r¢-el¢ction.
Page I

NorthDoivn Communityworks
Trustees, Report (Including the Director's Report)
Objeedves and aedvltles
The objectives of the cbarity include-
- The relief of povety
- AdvanccmcTJt of education
- Promoting thc welfaie of thc aged
- Preservation and protection of health through the provisioll of counselling
- Provision of facilities in the interests of social welfare
In the past year the Trustees of Northdown Communityworks, its staff. volunteers and memb¢rs have remained
committed lo developing the work of the charity and ensuring Illat the objectives of the charity are delivered on.
The trustees remain cornrnitted to developing and promoting good governance as this allows us. and the entire
team at Northdown Communityworks. our staff. volunleers, aiid members to deliver activities which meet our
objectives. We remained committed to continual development of our policies, strategic plans And monitoring
reports which are needed to ensure that Ihe standard of the work remains high and any areas for improvement
can be properly identified. We have also continued ￿ work with oulside profe55i0nal organisations to deliver
appropriate assistance for the members of the community. Staff, volunteers and trnslees 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 pL￿pOSeS throughout the year are varied. They include. but are not limited
to, those listed below.
. We continued to deliver our range of food prograrnmes including the provision of breakfasts and lunches, and
the community food hub.
We continued in our parthership with the South-Eastern Regional College and other local providers to ensure
the advancement of educalion locally.
We provided placements for SERC in our kilchen overseen by our professional chef. and in Wear & Share to
develop r6tail training.
- We provided training for our volunteers and metnbcr5 which facilitated the advancement of education.
We continued to deliver a range of drop-in 5erviccs. activity groups, inter-generational activities and events
that promoted well_being and comTnuT]ity engagement.
- We worked in partnership with Community Advice and Ards and North Down Bourgh Council to provide an
advice service which meets a rdnge of our objectives.
We provided a range of summer clubs and projects for younger people and their families which included a
holiday lunch schen]e throughout the summ¢r and a range of aciivilies throughout th¢ year.
We continued to deliver Wear & Share offering free clothing and household itetn5 ensuring that peoplo
experieTJcing poverty and crisis could access clothing suitable for their immediate needs.
Our Christmas prograrnme assisted families through the provision of toys. and our hamperlChristm&s voucher
scheme provided assistance on a practical level.
Our social supern]arket - Well Fed - was launched in conjunction with Ards & North Down Borough Council.
This is a pilot scheme to undersland how best to meet the needs of our community. Users of the scheme have
access to support services, in addition to a fi]Ily stocked supennarket.
Page 2

NorthDown Communityworks
Trustees, Report (Including the Director's Report}
Overall, it was another busy year which developed, and evolved. the activities that the charity provides.
The direct benefits flowing from these purposes iiiclude reducing the impact of social deprivation, addressing
povety, providing wcll-balanced meals, improving educational OutCOn￿5. itnproving the health and quality of
life of older people, improving mental health and family relatiotthips and improvcd physical and mental health
outcomes.
The charity also owns the entire share capital of Openhouse Enterprises Limited and Northdown Entewises
Limited. both of which are cotnpanies registered in Northern Ireland.
Strategic Report
The following sections foT achievements and performance and financial review form the strategic report of the
chaTity.
Achievements alld perform4nre
The Charity continued to provide oversight to affiliated chariti¢s and provide guidance and financial 5UPPOrt
Whe￿ appropriat¢.
Northdown Enterprise5 Limited. one of the Charityls subsidiary undertakings, continued to deliver counselling
services and personnel development services including the Independ¢nt Counselling Schools Service (ICSS)
contract for post-primary schools throughout North¢rn 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 tnjstees thank all those involved for their hard work in developing Communityworks.
Reserves Poliey
The tn]stees have not Set a minimum level of reserves highcr than the amount required for its fixed asset
investments since all expenditure is currently dTscretionary.
The t￿￿teeS regularly review the level of rcscrvc5 held and consider opportunities to apply thctn in line with,
and in fiirtherancc of. its charitabl6 objcctivcs.
Financial revie
Incoming resources for Northdown Conununityworks and its Subsidiary Companies tolalled £3.129,816
compared to £3.036.712 for the year to 30 June 202), Wlth outgoing resources of £?.663,980 (£2.588.018 in
2023). At 31 March 2024 the group showed a consolidated net asset position of £2,505,669.
Plans for future perlods
The company plans to achieve sustainable growth in the coming year. They plan to build on the current
successes in order that they nMintain and develop the range of services himed at serving the local community.
Page 3

NorthDown Communityworks
Trustees, Report (Including the Director's Report)
Statement of trnstees, responslbilldes
The trustees (who are also the directors of NorthDown Communityworks for the pu￿OSe8 of company law) are
responsible for preparing the trustees, report and the financial statements in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including
FRS 102 "The Financial Reporting Standard applicable in thc UK and Rcpublic of Ireland"
Company law requires the trustees to Prepare financial Statell￿nts for each financial year. Under company law
the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view
of the state of affairs of the parent charitable company and the group and of the incoming resources and
application of resources, including its income and expenditure. of the charitable group for that period. In
preparing these financial statements. the I￿slee8 are required to..
select suitable accounting policies and apply them consistently"
observe the metbods and pTinciples in the CbaTities SORP.
make judgements and estimates that are re&8on&ble and prndenL
state whether applicable accounting stsndards, comprising FRS 102 have been followed. subject to any
material departures disclosed and explained in the financial statements" and
prepare the financial statements on tbe going concem basis unless it is inappropriate to presume that the
p?￿nt charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disc105e with reasonable accuracy at
any time the financial position of the parenl charitable Company and the group and enable them to ensure that
the financial slaiements cotnply with the Companies Act 2006. They are also responsible for safeguarding th¢
assets of the parent charitable company arjd the group and hence for taking reasonable steps for the prevention
and detection of fraud and other irregularities.
The INstees are responsible for the maintenance and integrity of the corporate and financial infoTmation
included on the charitable company's website. Legislation governing the preparation and dissemination of
financial statements may differ from legislation in other jurisdictions.
Disclosure of informatlon to Auditor
Each tnjstee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any
relevant audit information and to establish Éhat the charity's auditor is aware of that infotination. The trustees
confirni that there is no relevant infornTrtion that they know of and of which they know the auditor is unaware.
30 Apr 2025
The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:
Mr A Beattie
T￿￿tee
Page 4

NorthDown Communityworks
Independent Auditor's Report to the Members of NorthDown Communityworks
Opinion
We have audited the financial statements of NorihDown Communityworks (the 'charitable parent ¢ompany') and
its subsidiaries (the 'group') for the year ended 30 June 2024, which comprise the Consolidated Statement of
Financial Activities. Consolidated Balance Sheet, Balance Sheel. Consolidated Statement of Cash Flows and
Notes to the Financial Statements. including a summary of significant accounting polici¢s. The financial
reporting framework that has been applied in their preparation is United Kingdom Accounting Standards,
cornprising Charities SORP - FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and applicable law (United Kingdom Generally Accepted Accounting Practice).
In our opinion Ibe fmancial statements..
give a ttue and fair view of the stste of the group's and parent charity's affairs as al 30 June 2024 and of its
incoming resources and application of resources. including its income and expendi￿re, for the y¢ar then
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice.
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in a¢¢ordance with International Standards on Aiiditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are ￿rther described in the auditor responsibilities for
the audlt of the financial S￿tements sectioTh of our report. We are independent of the group irt accordance with
the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S
Ethical Siandard, and we bav¢ fulfilled our other ethical responsibilities in accordance with these requirements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our
opinion.
Conclusions relating to going concern
In auditing the financial slatement5, we have concluded that the truste¢5 use of the going concern basis of
accoiinting in the preparation of the financial slalements is appropriate.
Based on the work we have perfornied, we have not identified any material uncertainties relating to events or
conditions that, individi￿llY or collectively, may cast significant doubt on the group's ability to continue as a
going ¢on¢ern for a period of at least twelve months from when the original financial statements were auihorised
for issue.
Our responsibilitie5 and the responsibilities of the tn￿tee8 with respect to ooing concern are described in the
relevant sections of this report.
Other information
The trustees are responsible for the other inforniation. The other information comprises Ihe inforniation included
in the annual repor( other than the financial statements and our auditor's report th¢r¢on. Our opinion on the
financial statements does not cover the other inforniation aTJd, except lo the extent otherwise explicitly slated iTJ
our report, we do not express any fonn of assurance conclusion thereon.
Page 5

NorthDown Communityworks
Independent Auditor's Report to the Members of NorthDoivn Communityivorks
In Connection with our audit of the fTnancial statements. our responsibility is lo read the other inforn)ation and,
in doing so. consider whether the other inforniation is materially inconsistent with the financial statements or
our knowledge obtained in the audit or othenvise appears lo be materially rnisstated. If we identify such material
inconsistencies or apparent ll￿terIal misstatements. we are required to deterniine whether there is a material
misstatement in thc finanLial statements or a material misstatement of the other itrforllmtion. If, based on the
work wc havc pcrfottncd, we conclude that there is a material misstatement of this other infonnation, we are
required to report that fact.
We have nothing to report in this rcgard.
Opinion on other matter prescribed by the Companies Act 21)06
In our opinion. based on the work ulldertaken in the course of thc audit:
the inforn)ation giv¢n in the and Tn￿tees, Report for the financial year for which the fInancial statements ar¢
prcpared is consistent witb the financial statements; and
the and Trustees, Report have been prepar¢d in accordance with applicable legal requirements.
Matters on whlch we are required to report by exception
Ln the light of our knowledge and understanding of the group and the parenl charitable company and its
environrnent obtained in the course of the audiL we have not identified material misstatements in the and the
TrL￿tees, Report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to
report to you if, in our opinion..
adequate accounting re¢ords have not been kept by the par¢nt chariiable company. or rebjrns adequate for
our audit have not been received from branches not visited by us. or
the parent charitable company firAancial statements are not in agreement with tlie accounting records and
reDmis" or
certain disclosures of trustees remuneration specified by law are noi n)ade' or
we have not received all the infOrn￿￿On and explanations we require for our audit.
Responsibilities of trustees
explained more fully in the Statement of trustees, responsibilities, the t￿SleeS are responsible for the
preparation of the financial statements and foi being satisfied that they give a trne and fair view, and lor such
internal control as the trustees determinc is ncccssary to enable the picpaiation of financial statcmcllts that are
free from material misstatCTncnl, whether due to fraud or etroi.
In preparing th6 fitwicial statements, the trustees are responsible for assessing the chatity's ability to continue as
a going Lonccrn. disclosin& as applicable, matters relatcd to going concern and using the going concern basis of
accounting unless the trnstees either intend to liquidate the charity or to ceasc operations, or have no Icalistic
alternative but to do so.
Auditor responsibilities for the audit of the fmanelAI statements
Our objectives are to obtain reasonable assurance about whether the financial slatem¢nts as a whole are fre¢
from material mis$tatemen¢ whether due lo fraud or error. and to Issue an auditor'9 report that in¢lud¢s our
opinion. Reasonable assurance 15 a high level of assurance. but is not a guarantee that an audit conducted in
accordance with ISAS (UK) will alway5 detect a material rni55t&tement when it exists. Misstatements can arise
froin frdud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected to infliience the ￿OnoMiC decisions of users taken on the basis of these financial slaternents.
The extent to which our procedures are capable of detecting irregularilies. including fraud is detailed below:
Page 6

NorthDown Communityworks
Independent Auditor's Report to the Members of NorthDown Communityworks
.Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or e￿Or.
design and perform audit proeedures responsive to those risks, and obtain audit evidence tILat is sufficient and
appropriate to provide a basis for our opinion. The risk of not detecting & materi&l misstatement resulting from
fraud is higher than for one resulting from ertor. as fraud may involvc collusion, forgery, intcntional omis510ns,
misrepresentations. 01 the ovcrride of internal control.
.Obtain an understanding of intcrnal control relevant to the audit in order to design audit procedures tbat ate
appropTiate in the cirbumstances, but not for the purpose of expressing an opinion on the effectiveness of the
intCTnal control.
.Evaluate the appropTiatcncss of accounting policies used and the reasonableness of accounting estimates and
related disclosures made by the directors.
.Conclude on the appropriateness of the directors, use of the going conceTn basis of accounting and, based on
the audit evidence obtaine& whether a mateTial uncertainty exist5 related to events or conditions that may cast
significant doubt on the company's ability to continue as a going concern. Jf we conclude that a material
uncertainty exists, wc are requtred to draw attention in our auditor's report to the related dtsclosure5 in the
financial statements or. if such disclosures are inadequate. lo modify our opinion. Our conclusions are based on
the audit evidence obtained up to the date of our auditor's reporl. However, future events or Gonditions may
cause the company to ¢eas¢ to continue as a going concern.
.Evaluate the overall preserttati0￿ structure and content of the financial statements, including the disclosures,
and whether the financial statements represent the underlying transactions and events in a manner that achieves
fair presentation.
A further description of our responsibilities is available on the Financial Reporting Council's website at:
Www.frc.org.uklai￿lt0rsrespons1b1]itles. This description forms part of our auditor's report.
Use of our report
This report is made solely to the charitable parent company's trustees, &8 a body, in accordance with Chapter 3
of Part 16 of the Companies Act 2006. Our audit work has been undcrtaken so that we might state to the group's
trustees those Tnattcrs we arc rcquired to stste to them in an auditor's report and for no other purpose. To the
fullc5t cxtent PCTmitted by law, we do not acccpt or assume responsibility to anyone other than the charitable
parent company and its trustees as a body. for OUT audit work, for this report, or for thc opinions we have
fotmed.
&,- S4
¥y&r
Biian Stewart FCA (Senior Statutory Auditor)
For and on bebalf of RBCA Limited. Statutory Auditor
Linenhall Exchange
26 Linenhall Sireet
Belfast
BT2 8BG
30 Apr 2025
Date-.
Page 7

NorthDown Communityworks
Consolidated Statement of Finaneial Activities for the Year Ended 30 June 2024
(Including Consolidated Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Unrestricted
funds
Total
2024
Total
2023
Restricted fulld5
Note
Jncome and Endowments from:
Donations and legacies
Other trading activities
Investment income
13.911
2,949,027
34,126
132,752
146.663
2,949.027
34,126
l57.736
2,870,861
8.115
Total income
2.997.064
132.752
3,129,8l6
3,036,712
Expenditure on:
Costs of other trading
activities
Charitable activities
Other expenditure
{2.388.S68)
(137.151)
(1.668)
(2,388,568)
1273.743)
11,668
(2.328,501)
(257.944)
(1,573)
7&8
(136,592)
Total expenditure
2.527,387)
(136.592)
2.663,979)
(2.588,018)
Net income/{expenditure)
469,677
(3.840)
465,837
448.694
Net movement in funds
469.677
(3,840)
465.837
448,694
Reconciliation of funds
Total fimds brought foTward
2.031253
8.579
2,039.832
1,591.138
Total funds ¢arried fonvard
18
2.500,930
4.739
2.505,669
2,039.832
All of the group's activities derive from continuing operations during the abov¢ two periods.
The funds breakdown for 2023 is shown in note 18.
The notes on pages 12 to 21 fonn an Inte￿&[ part of these financial statements.
Page 8

NorthDown Communityworks
(Registration number: N1037440)
Consolidated Balance Sheet as at 30 June 2024
2024
2023
Note
Fixed assets
Tangible as￿tS
13
329,934
332.002
Current assets
Debtor5
l4
15
697,619
2.064.381
2.762,000
736,954
1,631.293
2.368.247
Cash at bank and in hand
Creditors: Amounts falliDg due wlthln one year
16
(584,309)
(658,663)
Net current assets
2,177.691
1.709,584
Total assets less current IfiAbllltles
2.507.625
2,041,586
Provisions
17
11,956)
(1.754}
Net assets
?.505,669
? 039.832
Funds of the group:
Re5trieted income funds
R￿trICted funds
4,739
8,579
Unre5tri¢ted income funds
Unrestricted fvnds
2.500,930
?,031.253
Total funds
18
2,505,669
2.039,832
These financial statements have been prepared in accordance with the provisions applicable to comparAies
subject to the small companies regime.
Id]ApF202sial statcments on pages 8 to 21 were approved by the trnslees, and authorised for issue on
. and signed on their behalf by:
Mi A Beattie
Trustee
The notes on pages 12 to 21 fonn an integral part of these financial Statements.
Page 9

NorthDown Communityivorks
(Registration number: N1037440)
Balance Sheet as at 30 June 2024
2024
2023
Note
Fixed assets
Tangible assets
Investn￿ntS
13
322.112
20,001
342,113
322,774
20.001
342.775
CurreDt assets
Debtors
Cash at bank and in hand
14
476,568
,618,555
2,095.123
585.822
1,077,897
1,663,719
15
Credltors: Amounts falllng due wlthfin one year
16
33,235)
(62.823)
Net eurrent assets
2.061,888
1.600.896
Net assets
2,404,001
.943,671
Funds of the charity:
Restricted income funds
Restricted fun¢ls
4,739
8,579
Unrestrieted income funds
Unr¢strict¢d funds
2,399,262
1,935,092
Total funds
These financial statements have been prepared in accordance with the provision5 applicable to coiilpanies
Subject to the srnall companies regime.
18
2,404,001
.943.671
AIv¥J54ai staternents on pages 8 to 21 were approved by the trustees, and authorised for issue on
and signcd on their behalf by..
Mr A Beattie
Trustee
The notes on pages 12 to 21 fonn an integral part of these financial statements.
Page 10

NorthDown Communityworks
Consolidated Statement of Cash Flows for the Year Ended 30 June 2024
2024
2023
Note
Cash flow$ from operating a¢tivitie$
Net cash income
465,837
448.694
Adjustments to cash flows from non4*sh Items
Depreciation
Interest receivable
12,490
(34,126)
12,445
(8.115)
1,066
1.573
(2.735)
4.503
457.431
Interest payable
Taxation
Income tax paid
Accrued ¢xp¢ns¢sl(income)
1,870
(1.650)
2,053
446,474
Working capital adjustment5
D¢¢rease An debtors
Decrease in creditor5
14
39,335
74.354
643,668
(502,095)
16
Net cash tIow5 from operating activities
411,455
599,004
Cash tlows from Investlng ACtlTrltles
Interest received
Acquisitions of tangible assets
34,126
110.422)
8.115
(327.139)
Nel cash flows from investing activities
23,704
(319.024)
Cash flows from financing activities
Interest paid
(1,292)
Net incre&se in cash and cash equivalents
433,088
278,688
Casli and cash equivalents at l July
1,631,293
1,352.605
Cash and cash equivalents at 30 June
2,064,381
1.631,293
The notes on pages 12 to 21 fonn an integral part of these financial statement5.
Pagell

NorthDown Communityworks
Notes to the Financial Statements for the Year Ended 30 June 2024
I Charity status
The charity 15 limited by guarantee, incotporxted in Northern Ireland , and consequently does not have share
apital. Each of the trustees 15 liable to contribute an amount not exceeding £ l O towards the assets of the charity
in the event of liquidation.
The address of its registered office is:
3 Gleiiford Way
Newtownards
Down
BT23 6TP
2 Accounting poti¢ie$
Summary of slgnifieant accounting policies and key ac¢ounting estlmates
The principal accounting policies applied in the preparation of tliese financial statements are s¢t out below.
These policies have been consistently applied to all the years presented, unless othenvise stated.
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charilie5:
Statement of Recommended Practice {appli¢abl¢ to charities preparing their ac¢ouThts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019)
(CIMrities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102) and the Companies Act 2006.
B&sis of preparation
NOrtI￿OWn Communityworkg meets the defLnitioTh of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant
accounting policy notes.
The financial statements are prepared in sterling, which is the ￿nctional currency of the entity. The level of
rounding is the nearest sterling.
Basls of consolldatlon
The ¢onsolidated financial statements ¢onsolidates the F￿anCial statement5 of the cbarity and its subsidiary
undertakings drawn up to 30 June 2024.
No statement of financial activities is presented for the charity as pennitted by section 408 of the Companies
Act 2006.
Page 12

NorthDown Cornmunityworks
Notes to the Financial Statements for the Year Ended 30 June 2024
A 5ub5idiary is an entity controlled by the chariry. Control is achieved where the charity has the power to govern
the financial and opernting policies of an entily so as to obtain benefits froin its activities.
The results of subsidiaries acquired or disposed of during the year are included in the statement of financial
activities from the etTective dale of acquisition or up to the effective date of disposal, as appropriate. Where
necessary, adjustments are made to the financial statements of subsidiaries lo bring their accounting policies into
line with those used by the group.
The piirchase method of aceounting is used to account for business Combinations that result in the acquisition of
subsidiaries by the group. The eost of A business combination is measured as the fair value of the assets given.
equity instruments issued and liabilities incurred or assumed at the date of ¢x¢hange, plus costs directly
attributable to the business combination. IdentifLable assets acquired and liabilities and contingent liabilities
assumed in a business combination are m&qsured initially at their fair values at the acquisition date. Any excess
of the cost of the business combination over the acquirer's interest in the net fair value of the identifiable assets,
labilities and contingent liabilities reco￿]Sed is recorded as goodwill.
Inter-company transactions, balances and unrealised gains on transactions between the charity and its
subsidiaries. which are related parties, are eliminated in full.
Intra-group losses are also eliminated bul may indicate an impairnient that requires recognition in the
consolidated financial statements.
Accounting policies of subsidiari¢s have been changed where necessary lo ¢nsure consistency with the policies
adop¢¢d by the group. Non-controlling interests in the net assets of consolidated subsidiaries are identified
separately frorn the group's equity therein. Non-controlling interests consist of the amouDI of those interests at
the date of the original business combination and the non-controlling shareholder's share of changes in equity
STnce the date of the combination. Totsl comprehensive income is attributed to non-controlling interests even if
this results in the non-controlling interests having a deficit balance.
Going concern
The ln￿l¢eS consider that there are no material uncertainties about the charity's abilily to continue as a going
concern nor any Significant areas of uncertainty that affect the carrying value of assets held by the charity.
Income and endowments
All income is recognised once the charity has entitlement to ihe income, it is probable that the income will be
received and the amount of the income receivable can be measured reliably.
Donations andgrartts
Donations and grants are recognised when the Charity has been notified in writing of both the amount and
settlement date. In the event that a donation or grant is subject lo conditions that r¢quir¢ a level of perfomance
by the charity before the charity is entitled to the ￿nds, the income is deferred and not recognised until either
those conditions are ￿llY met, or the thlfilment of those condihons is wholly within the control of the charity
and it is probable that these conditions will be fulfilled in the reporting period.
Page 13

NorthDown Communityivorks
Notes to the Financial Statements for the Year Ended 30 June 2024
Expendlture
All expenditure is recognised once there is a legal or constructive obligation to that expenditure. it Is probable
settlement is required and the amount can be measured reliably. All costs are allocated to the applicable
expenditure heading that aggregate similar costs to that catcgory. Where cost5 cannot be directly attributed to
particular headings they have been allocated on a basis COTJSi5tcnt with the use of resources, with central staff
costs allocatcd on thc basÈs of time Spent, PAlld depTCCidtion charges allocated on the portion of the asset's use.
Other support costs ale allocated based on the spread of staff costs.
Ruisingfmnds
These are costs incurred in attracting voluntary income. the rnaDagement of investments and those incurred in
trading activities that rdise funds.
Charithble activities
Charitable expenditure comprises those costs in¢urred by the chatity in the delivery of its activities and 5eTvices
for it5 bcncficiaries. It includes both costs that can be allocated directly to such activities and those costs of an
indirect nature necessary to support them.
Taxation
The charity is considered lo pass the tests sel out in Paragraph I Schedule 6 of the FinatLce Act 2010 and
therefore it nieets the definition of a Charithble company for UK corporation taK pu￿oses. Accordingly, the
harity is potentially exempt from taxation in respect of income or capital gains received within ¢ategories
covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains Act 1992, 10 the extent that such income or gains are applied exclusively to charitable p￿￿oseS.
Tangible fixed assets
Individual fixed assets are Anilially recorded at cosL less any subsequent accutnulated depreciation and
subsequent accumulated impaimient losses.
Depreciation and amortisatlon
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated
residual value. over their expected use￿1 economic life as follows-
Asset class
Fixtures and fittings
Premises fit out costs
Depreelation method and rate
200/., 250/Tr or 33.33 % Straight line
IO/D Straigbt line
Business combingtions
Busines5 combinations are accounted for under the purchase method. Where necessary. adjustments are made to
the financial stalelllents of subsidiaries to bring the accounting policies used into line with those used by tbe
charily. AEI intra-group transactions. balances. income and expenses are eliminated on consolidation. In
accordance with Section 35 of FRS 102. Section 19 of FRS 102 has not been applied in th¢se financial
statements in respect of business combinations effected prior to the date of transition.
Page 14

NorthDoivn Communityworks
Notes to the Financial Sthtements for the Year Ended 30 June 2024
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services perfomied in the ordinary
course of business.
Trade debtors aTC recogniscd initially at the transaction price. They are subsequcntly measured at amortised cost
using th6 cffcctive interest method, le&s provi5iOJ] tor impairnient. A provision for the impairnient of tradc
debtors is cstablished when there is objective evidence that the charity wll not be able to collcct all amounts due
according to the original terms of the receivables.
Cash and cydsh equivalents
Cash and cash equivalents compri5c cash on hand and call dcposits, and other short-terni highly liquid
investments that are readily Gonvertible to a knowm atnouut of cash and are subject to an insignificant risk of
change in value.
Trade creditors
Trade creditors are obli&iations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an
unconditional ri￿7t, at the end of the reportlng period, to defer settlement of the creditor for at least twelv¢
months after the reporting date. If there is an unconditiODal right to defer settlement for at least twelve months
after the reporting date. they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost
using the effective interest ftnethod.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing
bO￿owingS are subsequently carried at amortised cost, with the difference between the proceeds. net of
transaction costs, and the amount due on redemption being reeognised as a cbarge to the Statement of Financial
Activities over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable
and similat charges.
Bortowings are classified as current liabililics unless the charity has an unconditional Tight to defer settlement of
the liability for at least twelve months after the reporting date.
Provision5
Provisions ale recognised when the charity has an obligation at the reporting date as a result of a past evenL it is
probable that the charity will b¢ r¢quired to settle ihat obligatiotL and a reliable estimate can be made of the
amount of the obligation.
Fund structure
Unrestricted income fvnds are general ￿ndS that are available for use at the trustees discretion in furtherance of
the objectives of tbe clwity.
Restri¢ted ineome funds are those donated for use in a particular area or for specific purposes. the use of which
is restricted to that area or purpose.
Page 15

NorthDown Communityworks
Notes to the Financial Statements for the Year Ended 30 June 2024
Financial instrumènts
A financial asset or a financial liability is recognised only when the enlLty becomes a party to the contractual
pmvisions of the instrument.
Basic finaneial instnjments are initially recognised at the amount Teeeivable or payable including any related
ITansaction costs. unless the a￿ngement constitutes a financing transaction. where it is recogDised at the prescnt
value of the future Pa￿llents discounted at a market late of interest for a similar debt instrument.
Current assets and Current liabilities are subsequently rneasured at the cash or other consideration expected to be
paid or received and not discounled.
Debt instruments are subsequently measured at amortised cost.
3 Share capital
The charity does not have any shaT¢ capital and is limited by guarantee.
4 Income from donations and grants
Unres¢rlc¢ed
fund5
Restrlcted
fund5
Total
2024
Total
2023
Donations and grants
13.911
13,911
132,752
132.752
146.663
146.663
157.736
157.736
S Income from other tr4ding a¢ilvltle8
Unrestricted
funds
Total
2024
Total
2023
Northdown Enterprises Ltd
2.949,027
2.949.027
2.949,027
2.949.027
2.870.861
2.870.861
6 Investment income
Unre5trieted
funds
Total
2024
Total
2023
Bank interest receivable
34,126
34,126
8.115
7 Expenditure on charitable activities by fund type
Unrestricted
rund5
Restrlcted
funds
Total
2024
Charitabl¢ activities
137,151
136.592
273.743
Page 16

NorthDown Communityworks
Notes to the Financial Statements for the Year Ended 30 June 2024
Unrestricted
fuDd$
Restricted
funds
Total
2023
Charitable activities
123,506
134,438
257,944
8 Expenditure on charitable actlvldes by activity type
Actlvity
undertaken
directly
2024
2023
Charitable activities
273,743
273.743
257.944
9 Costs ofother trading adivitles
Unrestricted
funds
Total
2024
Totvdl
2023
Northdown Enterprises Ltd
2.388,568
2.388.568
2.388.568
2,388.568
2,328.501
2,328.501
10 StY4ff costs
Tbe aggregate payroll costs were as follows:
2024
2023
Wages and salaries
2,108,822
2,093,401
The monthly average number of persons (including senior manag¢m¢nt I leadership team) employed by the
gryoup during the year expressed as ￿1] time equivalents was as follows:
2024
2023
Total numbers of employees
136
135
No employee received emoluments of more than £60,000 during the year (2023: Nil).
Page 17

NorthDown Communityworks
Notes to the Financial Statements for the Year Ended 30 June 2024
I l Trustees remuneration #nd expenses
No remuneration was received by the trustees in respect of their role as trustee. However one of the trustees Ms
J Bailie received remuneration from the group for professional services rendered in these companies.
Additionally, Mr A Beattie undertook work on a invoiced basis. The total payments made to both t￿StetS during
the year totalled £J2.175.
12 Taxatlon
The group is a registered charity and is therefore exempt from taxation.
13 Tangible fixed assets
Group
Land and
bulldfings
Furniture and
equipment
Premlses fit
out cost5
Total
Cost
At l July 2023
Additions
315.000
89.384
10.422
28.361
432,745
10.422
At 30 June 2024
315,000
99.806
28.361
443,167
Depreeiation
At l July 2023
Charge for the yeaT
72,382
12.490
28.361
100.743
12,490
At 30 June 2024
84,872
28.361
113,233
Nei book value
At 30 June 2024
315.000
14.934
329.934
At 30 June 2023
31S.000
17.002
332.002
Page 18

NorthDown Communityworks
Notes to the Financial Statements for the Year Ended 30 June 2024
Charity
Land and
bulldfings
Furniture and
equipment
Total
Cost
At l July 2023
Additions
315,000
16,676
5,20.1
331,676
5.203
At 30 June 2024
315.000
21,879
336.879
Depreciation
At l July 2023
Charge for tbe ye
8,902
5.865
8,902
5.865
At 30 Jun¢ 2024
14.767
14.767
Net book value
At 30 June 2024
315.000
7,112
322.112
At 30 June 2023
315.000
7.774
322,774
14 Debtors
Group
Charity
2024
2023
2024
2023
Trade debtor5
Due from gryoup undertakings
Prepayments
Other debtors
672.890
688,579
18.886
453284
4,398
534,774
19.142
31,906
585,822
23,972
757
697,619
13,542
34,833
736,954
476.568
IS Casb and ¢a$h equivalents
Group
Charity
2024
2023
2024
2023
Cash at bank
2,064,381
1.631.293
1,618,555
1,077,897
Page 19

NorthDown Communityworks
Notes to the Financial Statements for the Year Ended 30 June 2024
16 Creditors: amounts falling due within one year
Group
Cbarity
2024
2023
2024
2023
Trade creditors
Trading subsidiary corporation tax
payable
Oiher tsxalion and social security
Other creditors
Accruals
61.097
58,826
23,233
31,011
1,581
171,814
10,608
339,209
584,309
1,563
171,688
403.393
25,193
658.663
1207
1.029
7,766
33,235
6.616
25.196
62,823
17 Provision$
Delerred tax
Ai July 2023
Movement
1,754
202
At June 2024
1,9S6
18 Funds
Balance at l July
2023
Incoming
r¢$ources
Resources
expended
Balance at 30
June 2024
Unrestricted funds
Restrlcted funds
2,031253
8,579
2,997,064
132,752
{2,527,387)
136.592)
2,500.930
4.739
Total funds
2,039,832
3,128,707
(2.663,979)
2,505.669
Balance at l July
2022
In¢omlng
resourees
Resources
expended
Balance at 30
June 2023
Unrestricted funds
1,588,946
2,192
2,895,887
140,825
(2.453,580)
(134.438)
2,031,253
8,579
Restricted funds
Tot#1 fund$
1.591.138
3,036.712
12.588,0181
2.039,832
Page 20

NorthDown Communityworks
Notes to the Financial Statements for the Year Ended 30 June 2024
19 Analysis ofnet assets between funds
Group
Unrestricted
funds
Restricted
funds
Total funds
at 30 June
2024
Tangible fixed assets
Curreni assets
326.809
3,125
1,614
329.934
2.760,386
(584,309)
(1,956}
2,500,930
2.762,000
(584,309)
(1,956)
2,505.669
Current liabilities
ProvisioDS
Totsl net assets
4.739
Unrestrlcted
funds
Restricted
funds
Total funds
at 30 June
2023
Tangible fixed assets
Current assets
332.002
332.002
2,368.247
(658.663)
(1.754)
2.039.832
2.359.668
(658.663)
(1,754)
2,031,253
8,579
CuTrent liabilities
Provisions
Total net assets
8.579
20 Analysis of net funds
At l July 2023
Cash flows
At 30 June 2024
Cash at bank and in h￿d
1.631.293
433,089
2,064,382
Page21