RegFStered number.. N1039420
Charity number: NIC100204
WAVE TRAUMA CENTRE
{A company limitsd by guarantee)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

WAVE TRAUMA CENTRE
(A company limited by guarantee)
CONTENTS
Page
Reference and administrative details of the Company, its Trustees and advisers
Trustees. report
Independent auditors. report on the financial statements
statement of financial activities
2-22
23-26
27
Balance sheet
28-29
statement of cash flows
30
Notes to the flnancial statements

WAVE TRAUMA CENTRE
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2024
Trustees
Cathy Mccann, Vice Chair
Marianne Moutray, Chair
Mark Jackson, Secretary (resigned 29 April 2024)
Rev Dr David Clements
Dennis Godfrey
Martin McAnallen
Mark Kelly
Peter Heathwood
Prof Tony Gallagher
Dr Mary Hannon-Fletcher, Treasurer
Jill Caskey
Lynne Stevenson
Aoife Gormally
Company registered
number
N1039420
Charity registered
number
NIC100204
Registered office
5 Chichester Park South
Belfast
BT15 5DW
Chief executive officer
Sandra Peake
Independent auditors
Miscampbell & Co.
Chartered Accountants and Statutory Auditors
6 Annadale Avenue
Belfast
BT7 3JH
Bankers
Ulster Bank Limited
202-206 York Street
Belfast
BT15 1HY
Solicitors
Thompson Solicitors
39 Frances Street
Newtownards
BT23 7DW
Page 1

WAVE TRAUMA CENTRE
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Donations and legacies
Charitable activities
other trading activities
Investments
35,000
4,120,777
41,393
76,393
4,120,777
17,438
3,849
14,799
3,441, 761
11,049
1.571
17,438
3,849
Total income
4,155,777
62,680
4,218,457
3,469, 180
Expenditure on:
Raising funds
Charitable activities
4,706
4,105,605
16.761
16,566
21,467
4,122,171
5,021
3,387, 748
Total expenditure
4,110,311
33,327
4,143,638
3,392, 769
Net income before net gainsl(losses)
on investments
Net gainsl{losses) on investments
45,466
29,353
593
74.819
593
76,411
(7.921)
Net movement in funds
45,466
29,946
75,412
68,490
Reconciliation of funds:
Total funds brought forward
Net movement in funds
874,366
45,466
488,778
29,946
1,363,144
75,412
1.294, 654
68,490
Totsl funds carried forward
919,832
518,724
1.438.556
1.363, 144
The Ststement of financial activities includes all gains and losses recognised in the year.
The notes on pages 31 to 59 form part of these financial statements.
Page 27

WAVE TRAUMA CENTRE
(A company limited by guarantee)
REGISTERED NUMBER: N1039420
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Note
Fixed assets
Intangible assets
Tangible assets
Investments
13
2,108
626,206
70,083
9,098
688,255
69,489
14
15
698,397
766, 842
Current assets
Debtors
Cash at bank and in hand
16
253,740
789,513
357,918
542, 151
1,043,253
900,069
Creditors: amounts falling due within one
year
17
(303,094)
(303, 767)
Net current assets
740,159
596,302
Total assets less current liabilities
1,438.556
1.363. 144
Net assets excluding pension asset
1,438,556
1,363.144
Total net assets
1,438,556
1,363, 144
Charity funds
Restricted funds
19
19
919,832
518,724
874,366
488, 778
Unrestricted funds
Total funds
1N38,556
1.363, 144
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 30 September 2024 and
signed on their behalf by:
Page 28

WAVE TRAUMA CENTRE
(A company limited by guarantee)
REGISTERED NUMBER: N1039420
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024
Dr Mary
(Trustee)
annon-Fletcher
The notes on pages 31 to 59 form part of these financial statements.
Page 29

WAVE TRAUMA CENTRE
(A company limited by guarantee)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Cash flows from operating activities
Net cash used in operating activities
247,366
99.783
Cash flows from investing activities
Net cash provided by investing actlvitles
Cash flows from financing activities
Net cash provided by financing activities
Change in cash and cash equlvalents in the year
Cash and cash equivalents at the beginning of the year
247,366
99,783
542,151
442,368
Cash and cash equivalents at the end of the year
789,517
542, 151
The notes on pages 31 to 59 form part of these financial statements
Page 30

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
General information
WAVE Trauma Centre is a company limited by guarantee. The company is incorporated in Northern
Ireland and has the company number N1039420. The registered office address and principal place of
business is 5 Chichester Park South, Belfast, BT15 5DW. The principal activity of the company is to
support those bereaved and imjured as a result of The Troubles.
Accounting policies
2.1 Basis of preparatlon of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102)
Accounting and Reporting by Charitie5- 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) (effective 1 January 2019), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
WAVE Trauma Centre meets the definition 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.
2.2 Income
All income is recognised once the Company has entitlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
The recognition of income from legacies is dependent on establishing entitlement, the probability of
receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of
entitlement to a legacy exists when the Company has sufficient evidence that a gift has been left to
them (through knowledge of the existence of a valid will and the death of the benefactor) and the
executor is satisfied that the propety in question will not be required to satisfy claims in the estate.
Receipt of a legacy must be recognised when it is probable that it will be received and the fair value
of the amount receivable, which will generally be the expected cash amount to be distributed to the
Company. can be reliably measured.
Grants are included in the Statement of financial activities on a receivable basis. The balance of
income received for specific purposes but not expended during the period is shown in the relevant
funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its
recognition is deferred and included in creditors as deferred income. Where entitlement occurs
before income is received, the income is accrued.
Income tax recoverable in relation to investment income is recognised at the time the investment
income is receivable.
Page 31

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies (continued)
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third party, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activity- Direct costs attributable to a single activity are allocated directly
to that activity- Shared costs which contribute to more than one activity and support costs which are
not attributable to a single activity are apportioned be￿een those activities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on raising funds includes all expenditure incurred by the Company to raise funds for its
charitsble purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Company's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.4 Interest receivable
Interest on funds held on dep051t is included when receivable and the amount can be measured
reliably by the Company., this is normally upon notification of the interest paid or payable by the
institution with whom the funds are deposited.
2.5 Intangible assets and amortisation
Intsngible assets costing £500 or more are capitalised and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Intangible assets are initially recognised at cost. After recognition, under the cost model, intsngible
assets are measured at cost less any accumulated amortisation and any accumulated impairment
losses.
Amortisation is provided on intangible assets at rates calculated to write off the cost of each asset on
a straight-line basis over its expected useful life.
Amortisation is provided on the following basis..
Licences
20 Yo Straight line
2.6 Tangible fixed assets and depreciation
Tangible fixed assets costing £500 or more are capitalised and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model. tangible
fixed assets are measured at cost less accumulated depreciation and any accumulated impairment
losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be
included in the measurement of cost.
Page 32

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies (continued)
2.6 Tangible fixed assets and depreciation (continued)
Depreciation is charged so as to allocate the cost of tsngible fixed assets less their residual value
over their estimated useful lives,
Depreciation is provided on the following bases..
Freehold property
Fixtures & fittings
Motor vehicles
Fixtures and fittings
Computer equipment
2yo 130/0 Straight line
25 % straight line
259/0 Straight line
25 /0 Straight line
25 /0 Straight line
2.7 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their
transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value
cannot be measured reliably in which case it is measured at cost less impairment. Investment gains
and losses, whether realised or unrealised, are combined and presented as 'Gainsl(Losses) on
investments, in the Statement of financial activities.
Investments held as fixed assets are shown at C05t less provision for impairment.
2.8 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.9 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.10 Llabilities and provisions
Liabilities are recognised when there is an obligats-on at the Balance sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or
the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Whe
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tsx discount rate that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
Page 33

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies (continued)
2.11 Financial instruments
The Company only has financial assets and financial liabilities of a kind that quality as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently
measured at amorbsed cost using the effective interest method.
2.12 Pensions
The Company operates a defined contribution pension scheme and the pension charge represents
the amounts payable by the Company to the fund in respect of the year.
2.13 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Company and which have not been designated for other
purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the Company for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Page 34

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Income from donations and legacies
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Staff donations G.A.Y.E
other donations
Other voluntary income
35,000
30,807
10.586
65,807
10,586
35,000
41,393
76,393
Unrestricted
funds
2023
Totsl
funds
2023
Other donations
Other voluntary income
10,593
4, 206
10,593
4,206
14.799
14,799
Page 35

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Income from charitable activities
Restricted
funds
2024
Total
funds
2024
Victims Support Programme
Belfast City Council
TEO
HIA HWB Contract
MBMLW
PEACE IV
Public Health Authority
National Lottery Community Fund
VSS- TPDPS
Department of Foreign Affairs
Funds Ireland
Training income
1,985,532
1.985,532
617.471
491,861
185,982
617,471
491.861
185,982
16,640
46.361
681,442
13.999
16,640
46,361
681,442
13,999
81,489
81,489
4,120,777
4,120,777
TEO
TEQ GAP Trauma Education 215,490
TEO GAP HWB & Advocacy 401981
617,471
Page 36

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Income from charitable activities (continued)
Restricted
funds
2023
Total
funds
2023
Victims Support Programme
Belfast City Council
TEO
HIA HWB Contract
MBMLW
PEACE IV
National Lottery Community Fund
VSS- TPDPS
Department of Foreign Affairs
Funds Ireland
Training income
1, 805, 730
5,000
221,492
319.429
39, 066
480,438
4, 735
446, 676
280
1,805, 730
5, 000
221,492
319,429
39, 066
480.438
4, 735
446. 676
280
37,631
81,284
37.631
81,284
3,441,761
3.441, 761
PEACE IV
PEACE IV Trauma Education 134,833
PEACE IV HWB
217,658
PEACE IV Training
20,103
PEACE IV Social Isolation
62,279
PEACE IV Peacebuilding
23,516
PEACE IV RLE
10,000
PEACE IV Family Therapy
TEO
TEO GAP Trauma Education 101,504
TEO GAP HWB & Advocacy 118,462
TEO
221,492
480,438
Income from other tradlng actlvitles
Income from fundraislng events
Unrestricted
funds
2024
Total
funds
2024
Fundraising events
Compensation Agency
17,393
45
17,393
45
17,438
17,438
Page 37

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Income from other trading activities (continued)
Income from fundraising events (continued)
Unrestricted
funds
2023
Total
funds
2023
Fundraising events
Compensation Agency
10,884
165
10,884
165
11,049
11.049
Investment income
Unrestricted
funds
2024
Total
funds
2024
Income from UK listed investments
Bank interest receivable
1,808
2,041
1,808
2,041
3,849
3,849
Unrestricted
funds
2023
Total
funds
2023
Income from UK listed investments
Bank interest receivable
1.392
179
1,392
179
1,571
1,571
Page 38

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Expenditure on raising funds
Costs of raising voluntary income
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Raising funds
Allocated centrally incurred fundraising and governance
costs
216
216
4,706
16,545
21,251
4,706
16,761
21,467
Page 39

WAVE TRAUMA CENTRE
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Expenditure on raising funds (continued)
Costs of raÈsing voluntary income (continued)
Restricted Unrestricted
funds
funds
2023
2023
rotal
funds
2023
Raising funds
Allocated centrally incurred fundraising and governance
costs
216
216
2,826
1,979
4, 805
2, 826
2,195
5,021
Analysis of expenditure on charitable activities
Summary by fund type
Restricted Unrestricted
funds
funds
2024
2024
Total
2024
Victims Support Programme
Public Health Authority
TPDPS
Department of Foreign Affairs
other Charitable Activities
TEO
HIA HWB Contract
MBMLW
National Lottery Community Fund
1,977,457
16,640
670,258
13.998
99,766
617,471
477,672
185,983
46,360
1,977,457
16,640
670,258
13,998
116,332
617,471
477,672
185,983
46,360
16.566
4,105,605
16,566
4,122,171
Page 40

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure on charitable activities (continued)
Surnmary by fund type (continued)
TEO
TEO GAP HWB & Advocacy 401,981
TEO GAP Trauma Education 215 490
617.471
Restricted Unrestricted
funds
funds
2023
2023
Total
2023
Victims Support Programme
TPDPS
Department of Foreign Affairs
Other Charitable Activities
Local Government
TEO
HIA HWB Contract
PEACE IV
MBMLW
Funds Ireland
National Lottery Community Fund
1, 756,256
443, 801
280
117,285
6,526
219,968
317,428
458,961
39,067
18.781
4, 735
1, 756,256
443. 801
280
121,945
6,526
219,968
317,428
458,961
39,067
18,781
4, 735
4, 660
3, 383, 088
4.660
3.387, 748
PEACE IV
PEACE IV Trauma Education 114,102
PEACE IV HWB & Advocacy 217,659
PEACE IV Training
20,103
PEACE IV Social Isolation
61,531
PEACE IV Peacebuilding
23,516
PEACE IV RLE
10,000
PEACE IV Family Therapy
TEO
TEO GAP HWB & Advocacy 118,463
TEO GAP Trauma Education 101505
219,968
458,961
Page 41

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure by activities
Activities
undertaken
directly
2024
Support
costs
2024
Total
funds
2024
Victims Support Programme
Public Health Authority
TPDPS
Department of Foreign Affairs
Other Charitable Activities
TEO
HIA HWB Contract
MBMLW
National Lottery Community Fund
1,765,264
16,640
646,632
13,998
16,241
617.471
430,446
173,833
45,975
212,193
1,977,457
16,640
670.258
13,998
116,332
617.474
477,672
185,983
46,360
23,626
100,091
47,226
12.150
385
3,726,500
395,671
4,122,171
Activities
undertaken
d1￿CtlY
2023
Support
costs
2023
Total
funds
2023
Victims Support Programme
TPDPS
Department of Foreign Affairs
Other Charitable Activities
Local Government
TEO
HIA HWB Contract
PEACE IV
MBMLW
Funds Ireland
National Lottery Community Fund
1,539,281
428,568
280
18,110
6,526
218,321
268,294
455,614
35,340
216,975
15.233
1, 756,256
443, 801
280
121,945
6,526
219.968
317,428
458.961
39.067
18,781
4. 735
103.835
1,647
49, 134
3,347
3,727
18,781
4, 735
2,975, 069
412,679
3,387,748
Page 42

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure by activities (continued)
Analysis of direct costs
Victims
Support
Programme
2024
Other
Charitable
Activities
2024
BHSCT
2024
TPDPS
2024
DOFA
2024
Staff costs
Counselling expenses
Complementary therapy
Software Licence
Programme costs
Membership fees
Recruitment costs
Printing, postage & ststionery
Supervision costs
1,220,046
264,027
125,080
13.612
102,203
1,106
3,153
28.284
7,753
521,490
96,536
15,000
5,706
11,577
16,640
13,998
4,686
1,810
2,324
1,306
2,460
(22)
1,765,264
16,640
646,632
13,998
16,241
Local
Government
2024
HIA HWB
Contract
2024
TEO
2024
PEACE IV
2024
MBMLW
2024
Staff costs
Counselling Expenses
Complementary therapy
Software Licence
Programme costs
Membership fees
Recruitment costs
Printing. postage & stationery
Supervision costs
570,476
311,027
64,570
9,300
2,283
34,568
123.303
15,240
8,220
1,141
24,817
44.905
729
260
107
745
3,844
4,125
2,090
617,471
430,446
173,833
Page 43

WAVE TRAUMA CENTRE
(A company limited by guarantse)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure by activities (continued)
Analysis of direct costs (continued)
National
Lottery
Community
Fund
2024
Total
funds
2024
Staff costs
Counselling Expenses
Complementary Therapy
So￿are Licence
Programrne Costs
Membership Fees
Recruitment Costs
Printing, postage & stationery
Supervision costs
38,133
2,796.052
440.373
157,600
22.742
249,581
2,916
6,522
33,541
17,173
7,764
78
45,975
3,726,500
TEO
TEO GAP HWB & Advocacy 401,981
TEO GAP Trauma Education 215 490
617,471
Page 44

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure by activities (continued)
Analysis of direct costs (continued)
Victims
Support
Programme
2023
Other
Charitable
Activities
2023
BHSCT
2023
TPDPS
2023
DOFA
2023
Staff costs
Counselling expenses
Complementary therapy
So￿are Licence
Programme costs
Membership fees
Recruitment costs
Printing, postage & stationery
Supervision costs
965,245
299,437
130, 008
14, 109
91,737
904
419,927
7.295
(180)
2,997
280
IY,191
1,820
1,786
2, 038
6, 896
30, 855
90
(196)
1,539,281
428, 568
280
18,110
Local
Government
2023
HIA HWB
Contract PEACE IV
2023
2023
TEO
2023
MBMLW
2023
Staff costs
Counselling expenses
Complementary therapy
SO￿are Licence
Programme costs
Membership fees
Recruitment costs
Printing, postage & stationery
Supervision costs
174,331
185, 032
43,224
7,620
2, 823
24.897
310.540
31,818
735
480
58
1,681
6,526
40, 552
127,343
129
2,514
2, 055
43
210
315
3.438
17,731
6, 526
218.321
268.294
455.614
35,340
Page 45

WAVE TRAUMA CENTRE
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure by activities (continued
Analysis of direct costs (continued)
National
Lottery
Community
Fund
2023
Total
funds
2023
staff costs
Counselling expenses
Complementary therapy
Software Licence
Programme costs
Membership fees
Recruitment costs
Printing, postage & stationery
Supervision costs
2, 094, 188
343,216
138, 108
19,987
308,942
2. 724
8,854
35,421
23,629
4, 735
4, 735
2,975,069
PEACE IV
PEACE IV Trauma Education 114,102
PEACE IV HWB & Advocacy 214,312
PEACE IV Training
20,103
PEACE Vl Social Isolation
61,531
PEACE Vl Peacebuilding
23,516
PEACE VI RLE
10,000
PEACE Vl Family Therapy
TEO
TEO GAP HWB & Advocacy 116,816
TEO GAP Trauma Education 101505
218,321
455,614
Page 46

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure by activities (continued)
Analysis of support costs
Victims
Support
Programme
2024
Other
Funds
2024
TPDPS
2024
PEACE IV
2024
HIAHWB
2024
Depreciation
Rent payable
Rates & water charges
utilities
Repairs & maintenance
Insurance
Vehicle costs
Travelling expenses
Computer equipment & software
Professional fees
Telephone
General expenses
97,840
71.768
2,253
38,971
36,137
11,124
322
16,996
16,956
22,000
316
140
1,695
472
2.478
7.822
3,875
2,406
2.710
(61)
7,076
5.031
(43)
3,274
3,204
1,290
2,996
43
15.618
2,048
5,675
42
188
212,193
23,626
100,091
47,226
Page 47

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure by activities (continued)
Analysis of support costs (continued)
Local
Governemnt
2024
Total
funds
2024
MBMLW
2024
TEO
2024
NLCF
2024
Depreciation
Rent payable
Rates & water charges
utilities
Repairs & maintenance
Insurance
Vehicle costs
Travelling expenses
Computer equipment & sofvare
Professional fees
Telephone
General expenses
97,840
93,768
4.404
49,743
41,758
16,835
322
1,272
656
2,188
939
6,000
1,065
30
118
29,609
26,130
7,290
25,621
2,351
267
12,150
385
395,671
Page 48

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure by activities (continued)
Analysis of support costs {continued)
Victims
Support
Programme
2023
TPDPS Other Funds
2023
2023
TEO
2023
HIAHWB
2023
Depreciation
Rent payable
Rates & water charges
utilities
Repairs & maintenance
Insurance
Premises costs
Vehicle costs
Travelling expenses
Computer equipment & sO￿are
Office furniture & equipment
Telephone
General expenses
101,732
72,482
2, 712
36,874
15,983
9,713
19,493
1,567
16.771
20,041
1, 754
18,479
1,106
22, 000
285
9,027
645
2,010
5,827
736
(565)
55
313
68
1,540
294
750
4,390
2,901
622
1,647
2,272
2.451
5.678
49
4, 132
485
505
216,975
15,233
103.835
1.647
49, 134
Page 49

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure by activities (contlnued)
Analysis of support costs (continued)
PEAGEIV
HWB & Adv
2023
Funds
Ireland
2023
Total
funds
2023
MBML
2023
NLCF
2023
Depreciation
Rent payable
Rates & water charges
Utilities
Repairs & maintenance
Insurance
Premises costs
Exp type 7
Travelling expenses
Computer equipment & software
Office furniture & equipment
Telephone
General expenses
101,732
94,482
3, 733
45, 649
16,751
13,337
45, 145
1.567
29,617
27.882
1,754
28,885
2,145
74
18,781
3,347
568
2,489
596
3,347
3,727
18.781
412,679
10. Auditors. remuneration
2024
2023
Fees payable to the Company's auditor for the audit of the Company's
annual accounts
4,200
2, 800
11. staff costs
2024
2023
Wages and salaries
Social security costs
Contribution to defined contribution pension schemes
2.377,773
227,908
190,371
1,778,627
171,633
143, 928
2,796,052
2,094, 188
Page 50

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 3q MARCH 2024
11. Staff costs (continued)
The average number of persons employed by the Company during the year was as follows".
2024
No.
2023
No.
Outreach. Youth and Admin staff
Manager and supervisory staff
65
56
17
18
83
73
No employee received rernuneration amounting to more than £60.000 in either year.
12. Trustees, remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2023 - £NIL).
During the year ended 31 March 2024, no Trustee expenses have been incurred (2023- £NIL).
Page 51

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
13. Intangible assets
Licences
Cost
At 1 April 2023
Disposals
37,934
(3,822)
At 31 March 2024
34.112
Amortisation
At l April 2023
Charge for the year
On disposals
28,836
6.990
(3,822)
At 31 March 2024
32,004
Net book value
At 31 March 2024
2,108
At 31 March 2023
9, 098
Page 52

Ca ￿ C+4
a> VJ
o)
a>
c GI
(o
0)
u)

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
15. Fixed asset investments
Other fixed
Listed
asset
investments investments
Total
Cost or valuation
At 1 April 2023
Revaluations
67,461
2,541
2,028
(1,947)
69.489
594
At 31 March 2024
70,002
81
70,083
Net book value
At 31 March 2024
70,002
81
70.083
At 31 March 2023
67,461
2,028
69,489
16. Debtors
2024
2023
Due wlthin one year
Trade debtors
Prepayments and accrued income
208,510
45,230
293,655
64,263
253,740
357,918
17. Creditors: Amounts falling due within one year
2024
2023
Bank overdrafts
Trade creditors
other creditors
Accruals and deferred income
198,976
183.282
640
119.837
104,118
303,094
303, 767
Page 54

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
18. Financial instruments
2024
2023
Financial assets
Financial assets measured at fair value through income and expenditure
789,513
542,151
Financial assets measured at fair value through income and expenditure comprise cash at bank & in
hand.
Page 55

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
19. Statement of funds
Statement of funds - current year
Balance at
31 March
2024
Balance at I
April 2023
Gainsl
(Losses)
Income Expenditure
Unrestricted funds
General Funds 1
488,778
62,680
(33,327)
593
518,724
Restricted funds
Restricted Fund 1
874,366
4,155.777
(4,110,311)
919,832
Total of funds
1,363,144
4,218,457 (4,143,638)
593
1,438,556
Page 56

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
q9. Statement of funds (continued)
Statement of funds - prior year
Balance al
31 March
2023
Balance al
l April 2022
Gains/
(Losses)
Income Expenditure
Unrestricted funds
General Funds 1
476, 135
27.419
(6, 855)
{7, 921)
488, 778
Restricted funds
Restricted Fund fj
818,519
3,441.761 (3,385,914)
874,366
Total of funds
1, 294, 654
3,469, 180 (3,392. 769)
(7,921) 1,363. 144
20. Summary of funds
Summary of funds - current year
Balance at
31 March
2024
Balance at 1
April 2023
Gainsl
(Losses)
Income Expenditure
General funds
Restricted funds
488,778
874,366
62,680
(33,327)
4,155,777 (4,110,311)
593
518,724
919,832
1,363,144
4,218,457 (4,143,638)
593
1,438,556
Summary of funds - prior year
Balance al
31 March
2023
Balance at
l Apnl 2022
Gain
(Losses)
Income Expenditure
General funds
Restricted funds
476, 135
818.519
27.419
3.441.761
(6, 855)
(3.385, 914)
(7.921)
488, 778
874.366
1,294.654
3.469, 180 (3,392, 769)
(7,921) 1,363, 144
Page 57