RELATIONSHIP RESOURCE CENTRE LIMITED DIRECTORS. REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2018 CO REG NO.. NI 43793 FALCONER STEWART CHARTERED ACCOUNTANTS FALCONÉR StEWART
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 Financial Statements 8-11 Detailed Statement of Financial Activities Unrestricted Funds 12-14 F*LCONER STEWART
RELATIONSHIP RESOURCE CENTRE LIMITED OFFICERS AND PROFESSIONAL ADVISERS DIRECTORS Chantel Daniels Robert Downie Jonathan Gowdy Mary Green Ruth Johnston REGISTERED OFFICE 308 Irish Quarter Wesl Carrickfergus BT38 8AT AUDITORS Falconer Stewart 248 - 266 Upper Newtownards Road Belfast BT4 3EU BANKERS Danske Bank 21-23 High Slreet Carrickfergus BT38 7AL SOLICITORS James J Macaulay la High Street Carrickfergus BT38 7AY FNLCONER YfEWART
RELATIONSHIP RESOURCE CENTRE LIMITED DIRECTORS. REPORT FOR THE PERIOD ENDED 31 MARCH 2018 Financial Statements The directors present Iheir report and the audited financial slalements for the period ended 31 March 2018. Corporate Status The company is limited by guarantee and does not have a share capital. The liabilly of each member is limited to an amount not exceeding one pound1£1 }. The company has been recognised as a charity by the Inland Revenue (No.. XR 59699). Principal Activities and Review of the Charity The principal objects of the company are lo promote any charitable purpose for the benefit of the community, and in particular young people, by the relief of poverty, by Ihe 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. Chairperson's Comment We will continue to carefully manage the financial position of the company and remain optimislic about obtaining 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 slalement of fin8nci81 activities on page 6. The directors consider the level of activity during Ihe year and the financial position were salisfaclory and with conlinued support il is their intention lo develop these activities in the forthcoming 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 slalemenls. FALCON615fEWART
RELATIONSHIP RESOURCE CENTRE LIMITED DIRECTORS, REPORT FOR THE PERIOD ENDED 31 MARCH 2018 Flxed assets FLJII details tsf all movements in fixed assets during the year are set out in the notes to the financial statements. Directors The directors of the company during the year were 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. Directors. responsibilities Cornpany law requires the directors lo prepare the financial statements for each financial year that give a true and fair view of the state of affairs and of the surplus or deficit of the company for that year. In preparing those financial slatemenls, the dire¢lors are reqUId to select suitable accounting policies and then apply them consistently., make judgements and estimates that are reasonable and prudent.. state whether applicable accounting slandaids have been followed, subject lo any material departures disc105ed and explained in the financial statements., prepare the financial statements on the going concern basis, unless il is inappropriate lo presume that the company will continue in business The directors are responsible for keeping proper accounting records which disclose ¥Mth reasonable accuracy al any lime the financial position of the company and to enable them lo ensure that the financial slalemenls comply with the Companies (Northern 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. FALCONUt gTEWARY
RELATIONSHIP RESOURCE CENTRE LIMITED DIRECTORS. REPORT FOR THE PERIOD ENDED 31 MARCH 2018 Auditors The auditors Falconer Stewart. have indicated theii willingness lo continue in office. and a resolution concerning their re-appointment will be proposed al the Annual General Meeting. By order of the Board Robert Downie Director Registered office 30a Iiish Quarter West Carrickfergus BT38 8AT Date '. 30th December 2018 FALCONEP STFwAkr
RELATIONSHIP RESOURCE CENTRE LIMITED AUDtTORS' REPORT TO THE MEMBERS FOR THE PERIOD ENDED 31 MARCH 2018 This report is made solely lo the company's members, as a body, in accordance with Article 234 Companies (Northern Ireland Order. 1986. Our audit work has been undertaken 50 that we might state lo the company's members those matters we are required lo state to them in an auditor's report and for no other purpose. To the fullest extent pemilted by law, we do not accept or assume responsibility lo anyone other than the company and the company's members as a body, for our audit Wk, for this report or for the opiniofts we have fomied. We have audited the financial statements of Relationship Resour Centre Limited on pages 6- 12 for the period ended 31 March 2018. These financial statements have been prepared under the historical cost convention and the accounting poiliryes set out therein. RespectlV8 Responsibilities of D1ClOr$ and Auditors As described in the Directors, Report the Company's direclois are responsible for the preparation of financial statements in accordan with applicable law and United Kingdom Accounting Standards. Vve report to you Quf opinion as to whether the financial statements give a true and fair view and are properfy prepared in accordance with the Companies (Northern Ireland} Order 1986 We also report lo you if. in our opinion, the di¥ectors' report is not consistent with the financial statements. if the MpanY has not kept proper accounting records, if we have not received all the Infomation and explanations we require lor our audit, or if information specified by law regarding directois, muneralion and Ir8nsactions wrth the company is not disclosed. We read the Directors, Report and consider the implications for our report if we become aware of any apparenl mis-slatements within it. Basts of oplnlon We conducted our audit in accordance wilh Auditing Standards issued by the Auditing PraCtIS Board. An audit includes examination, on a test basis, of evidence relev8nl to the amounts and disclosures in the financial statements. It also includes 8n assessment of the significant estimates and judgements made by the directors in preparation of the financial stalernents, and of whether the accounting policies are appropriate lo the company's circumstances. consistenlly applied and adequately disclosed. We planned and performed our audit so as to tsbtain all the information and expl8nation$ which we considered necessary in order to prtsmde us with sufficient evidence to give reasonable assurance that the financial statements a18 free frorn material misstaternenl. whether caused by fraud or other irregularity or error. In forming our opinion we also evaluated the overall adequacy of the presentation of information in thé financial statements. Opinion In our opinion the financial statements give a true and fair view of IhÈ slate of thè cornp8nys s affairs as at 31 March 2018 and ol its surplus foi the period then ended and have been properly prepared in accordance with thè provisions of the the Companies (Northern Ireland) Order 1986. Michael J Crooks Isenior Statutory Auditor) For and on behalf of Falconer Stewart Chartered Accountants Chartered Accountants statutory Auditor 248 - 266 Upper Newtownards Road Belfast BT4 3EU Date 30th December 2018 F&ICOWER STPNAtIF
RELATIONSHIP RESOURCE CENTRE LIMITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31 MARCH 2018 18 MONTHS ENDED 31sr MARCH 2018 YEAR ENDED 31ST DECEMBER 2016 INCOMING RESOURCES Don81ions Grants Courses and Counselling payments YMCA Miscellaneous Intest received 12.737 9,920 2,083 7.713 200 9,815 8,468 1,619 4,800 Totsl incoming resources 32,657 24,708 RESOURCES EXPENDED Management and administrati ol the charty 29.750 Total Resources Expended 29,750 26.876 Net Incoming ResourcesllExpendlturel 2,7 -2.170 Fund balances at l January 2017 2.106 4,276 Fund balance ¢arried forward at 31 March 2018 5,012 2.106 All amounts ai8 deiived Irom continuing operations and the company has no recognised gains or losses other than those passing thiou9h the stalemenl of Financial Activities. ¢ONEk sfEWART
RELATIONSHIP RESOURCE CENTRE LIMITED BALANCE SHEET AS AT 31 MARCH 2018 31ST MARCH 2018 31ST DECEMBER 2016 Note FIXED ASSETS Tangible Assets CURRENT ASSETS Cash at bank and in hand 5,012 2,106 5,012 2,106 CREDITORS . amounts falling due within one year NET CURRENT ASSETS 5,012 2,106 TOTAL ASSETS LESS CURRENT LIABILITIES 5.012 2,1( 5,012 2,106 FUNDS Unrestricted Funds 5,012 2,106 ACCUMULATED FUNDS 5,012 2,106 The financial statements were approved by the Board of Directors on 30th December 2018. Director Robert Downie FALCONER STEWART
RELATIONSHIP RESOURCE CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2018 Accounting policies The financial statemenls have been prepared in accordance with statements of slandard accounting practice issued by UK accountancy bodies. The particular accounting policies are described below. Accounting convention The financial slalemenls are prepared under the historical c05t convention and in accordance with the Charities SORP. The company has taken advantage of the exemption in Financial Reprorting Standard 1 to produce a cashfiow statement on the grounds that il is a small company. Income Income represents donations and grants received which are brought into the accounts on a cash basis. Depreciation of tangible fixed assets Depreciation is povided on cost over the eslimaled lives of the assets. The rates of depreciation are as follows '. Building costs Office equipment 00 200 per annum straighl line Grants Revenue grants received from organisations are brought into the accounls on a cash basis. Capital grants received from organisations are credited to a grant reserve account and released to the income and expendilL¢re account al the same rale the related capital item is depreciated al. Surplus of Income over Expenditure for the Period 2018 2016 This is stated after charging:" Oepreciation Auditors remuneration FALCONER 5fEWART
RELATIONSHIP RESOURCE CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2018 Dlrectors and Employees 2018 2016 Stsff costs.. Wages and salaries 19.058 19.058 16,475 16,475 The average weekly number ol employees during the yearwas made up as follows.. 2018 2016 Number Number Administrative Oireetois Taxation No provision has been made for corrx)ration tax as the company is a wistered charity. FA. frNFP ¢rEW'RT
RELATIONSHIP RESOURCE CENTRE LIMITED 10. NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2018 Tangible Fixed Assets Building Renovations Office Equipment Total Cost At 1 January 2017 Additions At31 March 2018 730 4,304 5,034 730 4,304 5,034 Depreciation Al 1 January 2017 Charge for year At 31 March 2018 730 4,304 5,034 730 4.304 5.034 Nel book value Al 31 Malch 2018 Al 31 December 2016 FAieoYIF* gTEIVART
RELATIONSHIP RESOURCE CENTRE LIMITED 11. NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2018 Cash at bank and in hand 2018 2016 Unrestricted funds No 1 Current account new 5,012 2,106 5,012 5,012 2.106 2.106 Craditors amounts falling due within one year 2018 2016 A¢¢ruals Analysis of Movement of Funds Unrestricted Funds Nel Incomingloulgoing Resources Balance 01101117 Balance 31103118 Unrestricted Funds 2,106 2,906 5,012 Total 2,106 2,906 5.012 FAlER ¥fEWART
RELATIONSHIP RESOURCE CENTRE LIMITED 12. STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED MARCH 2018 Unrestricted Funds 2018 2016 Income 15ee page 131 32,657 24,706 Less Administrative Expenses (see page 141 29.751 26,876 Net In¢omingllOutgoingl ResOUe$ 2,906 -2,170 FALCONER WWART
RELATIONSHIP RESOURCE CENTRE LIMITED 13. STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED MARCH 2018 Unrestricted Funds 2018 2016 INCOMING RESOURCES Donations Grants Courses and Counselling payments YMCA Miscellaneous Interest received 12.737 9,920 2,083 7,713 200 9.815 8,468 1,619 4,800 Total Incoming Resources 32,657 24,706 FALCONER ¥tEWART
RELATIONSHIP RESOURCE CENTRE LIMITED 14. DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31 MARCH 2018 Unrestricted Funds 2018 2016 Administrative expenses Salaries Pension Supervision Rent Projects Courses Postsge, stationery. publicily and computer costs Property resources induding maintenance Heat, light and water Bank charges and interest Training and sub5ciiplions Telephone Sundry costs Insurance Travel and expenses 18,880 178 800 3,625 659 465 682 82 507 16.475 2,900 870 2,027 209 719 113 1,142 418 71 651 1,281 1,602 520 13 534 1,147 Total 29,751 26,876 FALCONFA 5fEWA8T