RELATIONSHIP RESOURCE CENTRE LIMITED DIRECTORS, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016 CO REG NO.. NI 43793 FALCONER STEWART CHARTERED ACCOUNTANTS FALCONER'STEWAKT
RELATIONSHIP RESOURCE CENTRE LIMITED INDEX TO THE FINANCIAL STATEMENTS Page Officers and professional advisers Directors, report Auditors, report Statement of Financial Activities Balance Sheet Notes to the Financi81 Statements 8-11 Detailed Statement of Financial Acttvities Unreslricled Funds 12-14 FALCONER'STEWART
RELATIONSHIP RESOURCE CENTRE LIMITED OFFICERS AND PROFESSIONAL ADVISERS DIRECTORS Chantel Daniels Robert Downie Jonathan Gowdy Mary Green Rulh Johnston REGISTERED OFFICE 30a Irish Quarter West Carrickfergus BT38 8AT AUDITORS Falconer Stewart 248 - 266 Upper Newtownards Road Belfast BT4 3EU BANKERS Danske Bank 21-23 High Street Carrickfergus BT38 7AL SOLICITORS James J Macaulay 18 High Streel Carrickfergus BT38 7AY FALCONEK STEWAKT
RELATIONSHIP RESOURCE CENTRE LIMITED DIRECTORS. REPORT FOR THE YEAR ENDED 31 DECEMBER 2016 Financial Statements The directors present their report and the audited financial statements for the year ended 31 December 2016. Corporate Slatus The company is limited by guarantee and does not have a share capital. The liabilty of each member is limited lo an amount not exceeding one pound {£1). The ¢ornpany has been recognised as a charity by the Inland Revenue (No-. XR 59699). Princlpal Actlvltles and Review of the Charity The principal objects of the company are lo promote any charilable purpose for the benefit of the community, and in particular young people, by the relief of poverty, by the advancement of education, the preservation and protection of health. the provision of facilities in the interests of social welfare and leisure, and the development of skills. Chalrperson'$ Comment We will continue to carefully manage the financial position of the company and remain optimistic about oblaining funding for the organisalion from a range of sources in the future. Results The results for the financial year are fully set out in the statement of financial activities on page 6. The directors consider Ihe level of activity during the year and the financial position were satisfactory and with continued support it is their intention to develop these activities in the fOrthming year. Post Balance Sheet Events No significant events have taken place since the date of the balance sheet which affect the company or which materially affect the financial slalements. FALCONER'STEWART
RELATIONSHIP RESOURCE CENTRE LIMITED DIRECTORS. REPORT FOR THE YEAR ENDED 31 DECEMBER 2016 Fixed assets Full details of 811 movements in fixed assets during the year are sel out in the notes lo the ffnanci21 statements. Directors The directors of the company during the ye8rweie as follows Chantel Daniels Robert Downie Jonathan Gowdy Mary Green Ruth Johnston Close Company Status The company is a close company under the provisions of the Income and Corporation Taxes Act 1988. Dlr&¢tors' re$pon$lbillti¢$ Company law requires the directors lo prepare the finan¢ial stslemenls for each financial year that give a true and fair view of the slate of affairs and of the surplus or delicil of the company for that year. In preparing those financial siatemenls, the directors are requiied lo '. select suitable accounting policies and then apply them consistently., make judgements and eslimales that are reasonable and prudent-, state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial slalement5- piepare the financial 5talemenls on the going concein basis, unless il is inappropriate lo presume that the company will continue in business The directors are responsible for keeping proper accountin9 records which disclose with reasonable accuracy at any lime the financial position of the company and lo enable them to ensure that the financial statements ¢omply with the Companies (Northem Ireland) Order 1986. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. FALCONER StEWART
RELATIONSHIP RESOURCE CENTRE LIMITED DIRECTORS, REPORT FOR THE YEAR ENDED 31 DECEMBER 2016 Auditors The auditors Falconer Stewart, have indicated their willingness lo continue in office. and a resolution ¢oncerning their re-appointment will be proposed at the Annual General Meeting. By order of the Board Robert Downie Director Registered office 30a Irish Quarter West Carrickfergus BT38 8AT Date '. 26th April 2017 FcONER'sTEwAftT
RELATIONSHIP RESOURCE CENTRE LIMITED AUDITORS, REPORT TO THE MEMBERS FOR THE YEAR ENDED 31 DECEMBER 2016 This report Is made solely to the company's members. as a body, in accordance with ACle 234 Companies (Northern Ireland Order. 1986. Our audit work has been undertaken so that we might slate lo the ¢ompanls member5 Ih05e mallers we are required lo slate lo them in an auditor's report and for no other purpose. To the fullest exlenl permilled by law, we do not accept or assume responsibility lo anyone other than the company and the company's members as a body. tor our audit work, for thos report or for the opinions we have fomed. We have audited the financial statements of Relationship Resource Centre Limited on pages 6- 12 for the year ended 31 December 2016. These financial slalemenls have been prepared under the historical cost convention and the accounting poilicies sel out therein. Respgctlv& Responslbllltles of Directors and Auditors As described in the Directors, Report the company's directors are responsible for the preparation of financial slalemenls in accordance wlh applicable18w and United Kingdom Accounting Standards. We report to you our opinion as lo whether the financial statements give a true and fair view and are properly prepared in accordance with the Companies (Northern Ireland) Order 1986. We also report lo you if. in our opinion, the directors. report is not ¢onsislenl with the linancial statements, if the company has not kept proper accounting records, if we have not received all the information and explanations we require for our audit. or if infomialion specified by law regarding directors. remuneratson and Iransa¢lions with the Company is not disclosed. We read the DirlOr$, Report and considei the implication5 for our report if we become aware of any apparent mis-slatemenls within it. Basis of opinion We conducted our audit in accordance with Auditing Standards issued by the Auditing Pra¢ti¢es Board. An audit includes examination. on a lest basis, of evidence relevant lo the amounts and disclosures in the financial statements. 11 also includes an assessment of the signifi¢anl estimates and judgements made by the directors in preparation of the financial stalemenls, and of whether the accounting policies are appropriate lo the companls circumstances, consislenlly applied and adequately disclosed. We planned and performed our audit so as lo obtain all the information and explanations which we considered necessary in order lo provide us with sufficient evidence lo give reasonable assurance that the financial slalemenls are free from material mis51alement, whether caused by fraud or other irregularity or error. In fom)ing our opinion we also evaluated the overall adequacy of the presentation of information in the financial slalements. Opinion In our opinion the financial statements give a true and fair view of the 51ale of the companys's affairs as al 31 December 2016 and of ils deficit for the year then ended and have been properfy prepared in accordance with the provisions of the the Companies (Northern Ireland) Order 1986. Falconer Stewart Registered Auditor 248 - 266 Upper Newtownards Road Belfast BT4 3EU Date 26th April 2017 FALCONÉR'sfEWART
RELATIONSHIP RESOURCE CENTRE LIMITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2016 Total 2016 Totsl 2015 INCOMING RESOURCES Donations Generated income Grants Course payments YMCA Interest received 9,815 421 8,468 1.198 4.800 9,460 673 7,084 975 4,800 Total incoming rour¢s$ 24,7C 22,998 RESOURCES EXPENDED Management and adminislralion of the charity 25,405 Totsl Resources Expended 26,876 25.405 Nèt Incomlng Re$our¢esllExpenditurel -2,170 -2,407 Fund balances at 1 January 2016 4.277 6,683 Fund balance carried forward at 31 December 2016 2.106 4.277 All amounts are derived from continuing operations and the cornpany has no recognised gains or losses other than those passing through the statement tsf Finan¢ial A¢livilies. FALCONER'5fPNART
RELATIONSHIP RESOURCE CENTRE LIMITED BALANCE SHEET AS AT 31 DECEMBER 2016 Note 2016 2015 FIXED ASSETS Tangible Assets CURRENT ASSETS Cash al bank and in hand 2,106 4,277 2,106 4,277 CREDITORS .' amounts falling due within one year NET CURRENT ASSETS 2,1( 4.277 TOTAL ASSETS LESS CURRENT LIABILITIES 2.106 4,277 2,106 4,277 FUNDS Unrestricted Funds 2,106 4,277 ACCUMULATED FUNDS 2,106 4,277 The financial statements were approved by the Board of Directors on 26th April 2017. Director Robert Downie FALCONEA'STEWART
RELATIONSHIP RESOURCE CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016 Accounting policies The financial statements have been in accordance with slalements of standard accounting practice issued by UK accountancy bodies. The particular accounting policies are described below. Accounting Convention The financial slalements are prepared under the historical cost convention and in accordance with the Charities SORP. The company has taken advantage of the exemption in Financial Reprorting Standard 1 to produce a cashflow statement on the grounds that il Is 8 small company. Income Income represents donations and grants re¢eived which are broughl into the accounts on a cash basis. Depreciation of tangible fixed assets Depreciation is povided on cost over the estimated lives of the assets. The rates of depreciation are as follows '. Building costs Office equipment 0% 20% per annum straight line Grants Revenue grants received from organisalions are brought into the accounts on a cash basis. Capital grants received from organisalions are credited to a grant reserve accounl and released to the income and expenditure account al the same rate the related capital item is depreciated at. Surplus of Income over Expenditure for the Period 2016 2015 This is stated after charging'.- Depreciation Auditors remuneration FALCONEA'sfÉwART
RELATIONSHIP RESOURCE CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016 Directors and Employees 2016 2015 Staff cosls '. Wages and salaries 16.475 16,475 15,551 15,551 The average weekly number of employees during the year was made up as follows: 2016 2015 Number Number Administrative Directors Taxation No provision has been made for corporalion tax as Ihe company is a registered charity. FLcoNR'sTwAqT
RELATIONSHIP RESOURCE CENTRE LIMITED 10. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016 Tangible Fixed Assets Building Renovations Office Equipment Total Cost Al 1 January 2016 Additions At 31 December 2016 730 4.304 5.034 730 4,304 5,034 Depreciation At 1 January 2018 Charge for year Al 31 Dmber2016 730 4,304 5,034 730 4,304 5,034 Net book value At 31 December 2016 At 31 December 2015 FALCONER'5TEWART
RELATIONSHIP RESOURCE CENTRE LIMITED 11. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016 Cash at bank and In hand 2016 2015 Unrèstrict8d funds No 1 Current account new 2.106 4.277 2,106 2,106 4,277 4,277 Creditors amounts falling due within one year 2015 2014 Accruals Analysis of Movement of Funds Unrestricted Funds Nel Incomingloulgoing Resources Balance 01101116 Balance 31112116 Unrestricted Funds 4,277 -2,170 2,106 Total 4,277 -2.170 2,106 FAICONEA'STEWART
RELATIONSHIP RESOURCE CENTRE LIMITED 12. STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2016 Unrestricted Funds 2016 2015 Income {see page 13) 24,706 22.998 Less Administrative Expenses (see page 141 26.876 25,405 Net Incominglloutgoingl Resources -2,170 -2,407 FALCONEk ST£WAkr
RELATIONSHIP RESOURCE CENTRE LIMITED 13. STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2016 Unrestricted Funds 2016 2015 INCOMING RESOURCES Don8tions Generated income Grants Course payments YMCA Interest received 9,815 421 8.468 1,198 4.800 9,460 673 7,084 975 4,800 Total Incoming Resources 24.706 22,998 FALCONEA"STWIART
RELATIONSHIP RESOURCE CENTRE LIMITED 14. DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2016 Unrestricted Funds 2016 2015 Administrative expenses Salaries 16,475 Rent 2,900 Projects 870 Postage, slalionery, publicity and computer cosls 2,027 Property resources including maintenance 209 Heat. light and water 719 Bank chaiges and interest 113 Tiaining and subscriptions 1,142 Telephone 418 Sundry costs 71 Insurance 651 Travel and expenses 1,281 15,551 2,9)0 280 2.209 72 402 63 1,124 452 527 533 1,294 Total 26,876 25.405 FALCONER'STEVIART