THE NORTHERN IRELAND AGORAPHOBIA AND ANXIETY SOCIETY {Company Limited by Guarantee) FINANCIAL STATEMENTS 31 MARCH 2023 Company Registration Number N1027971 Registered with The Charity Commission for Northern Ireland NIC100254
THE NORTHERN IRELAND AGORAPHOBIA AND ANXIETY SOCIETY {COMPANY LIMITED BY GUARANTEE) Contents Page Company information Trustees, report Independent auditors, report Statement of financial activities (incorporating the income and expenditure account) Balance sheet Notes to the financial statements
THE NORTHERN IRELAND AGORAPHOBIA AND ANXIETY SOCIETY (COMPANY LIMITED BY GUARANTEE) Company Information Registered Charity name The Northern Ireland Agoraphobia and Anxiety Society Charity number NIC100254 Company registration number Nl 027971 Registered office 25-31 Lisburn Road Belfast BT9 7AA Trustees Mr K S Brundle - Chair Mr J McGregor- Vice Chair Mr M Dawson Mrs A Dunn MrT Hopkins Dr P M¢Loughlin Mr J Melvin Mr O Paulin Mrs N Roche Mr J Rance (appointed October 2022) Secretary Mr O Paulin Auditors Moore (Nl) LLP Chartered Accountants & Registered Auditors Donegall House 7 Donegall Square North Belfast BT15GB Bankers Bank of Ireland University Road Belfast BT7 1NA Solicitors Murphy O'Rawe Scottish Provident Buildings 4th Floor 7 Donegall Square West Belfast BT16JF
THE NORTHERN IRELAND AGORAPHOBIA AND ANXIETY SOCIETY {COMPANY LIMITED BY GUARANTEE) Trustees, Report The Trustees have pleasure in presenting their report and the financial statements of the Charity for the year ended 31 March 2023. Objectives and Activities The objectives for which the charity was established are-_ The relief and rehabilitation of those suffering from Agoraphobia, Anxiety and all other Phobias within Northern Ireland. To promote and undertake research into the Special Problems of Agoraphobia, Anxiety and all other Phobias within Northern Ireland and publish the useful results for the public benefil. To advance the education of the public in Northern Ireland in all aspects of Agoraphobia, Anxiety and all Phobias. To promole the rehabilitation, training and care of those persons aforementioned including the provision of self- help groups. In Ihe furtherance ofthese obje¢lives, Praxis Care provided relief to those suffering from Agoraphobia, Anxiety and all other Phobias through Praxis Care's provision of Cognitive Behavioral Therapy to clients referred to the counselling service for support. Principal Activities Praxis Care withdrew from the provision of counselling services in 2021 Plans for Future Periods The charity has no future plans to recommence the provision of therapy sessions and as such plans to dissolve the charity.
THE NORTHERN IRELAND AGORAPHOBIA AND ANXIETY SOCIETY (COMPANY LIMITED BY GUARANTEE) Trustees, Report Structure, Governance and Management Governin Document The charitable company is limited by guarantee, not having a share capital. It is registered in Northern Ireland (registration number.. Nl 027971 } and is registered with The Charity Commission for Northern Ireland (reference number.. NIC100254). It is governed by its Memorandum and Articles of Association. The Charity operates according to the principles outlined in The Code of Good Governance. The Governance Committee monitors compliance and identifies actions and completion dates for any issues identified. Recruitment and A ointment of Trustees New members are identified either via a formal recruitment process or recommendation. As part ofthe recruitment process, potential Trustees may be co-opted onto the Board and invited to attend meetings as an observer before formal appoinlmenl at the AGM. Trustees, Terms of Office A formal Terms of Office policy ensures a balance between continuity and renewal. Trustees serve for an initial period of 3 years, with an option to serve a further 2 periods of 3 years. Trustees meet with the Chair of the Board and Chair of the Governance Committee annually to review their position and contribution and provide feedback on their experience. Trustee I nduction and Trainin New Trustees have an initial meeting with the Chair of the Board and the Chief Executive and are briefed on a range of issues to provide a full introduction to the organisation, governance. its decision making process, its strategic and business plans and its recent financial performance. Information is provided on the roles, responsibilities and legal obligations as Company Directors and Charity Trustees. Conflict of Interest Trustees are required to complete a Conflict of Interest Form on appointment. This is held on file by the Executive Office and is updated annually with members also required to advise ofany conflict that may arise in the intervening period. "Conflict of Interest. is a standing item on the agenda for all Board and Committee meetings with any declaration formally recorded. anisational Structure Praxis Care Group Praxis Care Group comprises Praxis Care. The Northern Ireland Agoraphobia and Anxiety Society,. The Secret Garden (Hillsborough) Limited.. Challenge, A Northern Ireland Charity for People with Learning Disabilities Limited and Respond, A Northern Ireland Charity for Elderly People Limited. Praxis Care Limited is the parent company and the Board of Trustees of Praxis Care are responsible for the Group's overall strategic direction. In February 2022 the process to dissolve The Secret Garden (Hillsborough) Limited and Respond, A Northern Ireland Charity for Elderly People Limited commenced and the dissolution of both companies was confirmed in May 2022 with all relevant parties notified. The Praxis Care Board operates as detailed in its governing document, its Memorandum and Articles of Association. The day-to-day operations are delegated to the Chief Execulive and the Senior Leadership Team.
THE NORTHERN IRELAND AGORAPHOBIA AND ANXIETY SOCIETY (COMPANY LIMITED BY GUARANTEE) Trustees, Report The Finance Committee meets monthly to monitor financial performance. Membership.. John McGregor (chair), John Melvin, Jacinta Walsh The Governance Committee meets bi-monthly to oversee all governance matters relating to the organisation. Membership.. Oswyn Paulin (chair), Ambrose McLoughlin, Mike Dawson The Property Committee meets bi-monthly and oversees the strategy, development and management ofall Praxis Care properties. Membership.. Tim Hopkins (chairl, Stewart Harrington The HR Committee meets bi-monthly to review and make recommendations to the Board on stralegic HR and L&D issues, including management and leadership development, succession planning and remuneration. The HR Committee also considers Health & Safety Issues arising from the Employee Health & Safety Forum Membership.. Mike Dawson (chair), Ken Brundle, Mary Mccolgan The Care and Development meets bi-monthly to oversee the care operations of the organisation and review development opportunities. Membership.. John McGregor (chair), Ken Brundle, Alyson Dunn, Brendan Mullen The Nominations Committee. chaired by Ken Brundle, meets as required to review the structure, size and composition (including the skills, knowledge, experience and diversity) of the Board and its Committees and make recommendations to the Board. Membership.. Ken Brundle {chairl, Oswyn Paulin The Research Committee, chaired by Nevin Ringland. meets to facilitate the development of new and innovative evidence-based social care and support services. interventions and training through the dissemination of research and knowledge. While various responsibilities have been delegated by the Board to the Committees, each Committee remains accountable to the Board. Each Committee comprises at least Non-Executive Members, who work in partnership with the Senior Leadership Team and other relevant staff, to discharge the responsibilities of the Committee. Non-Executive Members appointed by the Board to each Committee are independent of management and free of any business or other relationship which could materially interfere with the exercise of independent judgement in this area. Good attendance at Board and Committee Meetings is a prerequisite for effective governance and it is expected that Board Members will achieve 75 % attendance. In 2021122, the overall attendance rate of the members at Board Meetings was 75.50/0. Risk Management Praxis Care operates a Governance Committee set up in response to SORP 2000 and the Turnbull Report as a vehicle for managing risk. The Committee oversees all governance matters relating within the context ofthe overall responsibilities of the main Board which cannot be delegated as outlined in the document "Matters reserved for the Board" The Risk Management Policy and Risk Register evaluate the likelihood and severity of potenlial risks and the syslems that are in place to mitigate exposure to these risks. The register is reviewed by the Governance Committee al every meeting with changes in the risk profile reported to the Board at every meeting. The Board is satisfied that appropriate steps are being taken to mitigate exposure lo risks identified. Related Parties The charity has no related parties except those included under the 'Praxis Care Group, as defined above.
THE NORTHERN IRELAND AGORAPHOBIA AND ANXIETY SOCIETY (COMPANY LIMITED BY GUARANTEE) Trustees, Report Financial Review Results Total incoming resources decreased from £39,529 in 2022 to nil in 2023, due to the Trust contact finishing in September 2021. The organisation generated a negative financial outcome for the period with a net decrease in funds of £7,609 {2022.. £47,185 deficit). Investment Powers and Restrictions Under the Memorandum and Articles ofAssociation, the charity may invest monies not immediately required for its purposes in or upon such investments, securities or property, as may be thought fit. Subject nevertheless to such conditions and such consents as may forthe time being, be imposed or required by law and the charity's Governing Document. Reserves The Board of Trustees has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ('the free resources,) held by the Charity should be four months of the unrestricted resources expensed, which equates to £2,536. At this level, the Trustees feel that they would be able to Continue the current activities of the Charity. Given the significanl drop in funding during 202212023, Praxis Care will continue to fund such activities as are undertaken by the Charity. At present the free resources need to grow by £526,925 to meet the target level. The Trustees of Praxis Care have agreed to provide any necessary ongoing financial and operational support to sustain the charity for the foreseeable future. COVID-19 COVID-19 continued to have an impact during 2022123. The organisation's priority was the protection ofthe people we support and staff and Praxis Care developed a comprehensive plan to manage the impact of the pandemic to minimise the risks. This was closely monitored to ensure thal the response was appropriate and regularly updated in line with the guidance issued by the public health authorities, regulators and commissioners in all jurisdictions. The Board and Committees were kept informed of the impact of Covid on services and individuals and there was ongoing communication with staff to provide updates, encourage vigilance and provide support. Praxis Care continues to monitor public health policy and the position of commissioners and regulators in each jurisdiction. The Trustees The Trustees who served the Charity during the period were as follows.. Mr K S Brundle - Chair Mr J McGregor- Vice Chair Mr M Dawson Mrs A Dunn Mr T Hopkins Dr P McLoughlin Mr J Melvin Mr O Paulin Mrs N Roche Mr J Rance (appointed October 2022)
THE NORTHERN IRELAND AGORAPHOBIA AND ANXIETY SOCIETY (COMPANY LIMITED BY GUARANTEE) Trustees, Report Responsibilities of the Trustees Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity at the end of the year and of the incoming and outgoing resources for the year then ended. In preparing financial statements, the Trustees are required to select suitable accounting policies and then apply them consistently, making judgements and estimates that are reasonable and prudent. The Trustees must also prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue its activities. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time Ihe financial position of the Charity and which enable them to ensure that the financial statements comply with United Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard 102 and SORP FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of the financial statements may differ from legislation in other jurisdictions. Statement of disclosure to auditors In so far as the Trustees are aware.. There is no relevant audit information of which the Charity's auditors are unaware., and The Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information. Small company exemptions This report has been prepared in accordance with the special provisions for small companies within Part 15 of the Companies Act 2006. Signed on behalf of the Board Chair Mr K S Brundle Date.. 12 October 2023 Registered office- 25-31 Lisburn Road Belfast BT9 7AA
THE NORTHERN IRELAND AGORAPHOBIA AND ANXIETY SOCIETY {COMPANY LIMITED BY GUARANTEE) Independent auditor's report to the members of The Northern Ireland Agoraphobia and Anxiety Society Opinion We have audited the accounts of Northern Ireland Agoraphobia and Anxiety Society for the year ended 31 March 2022 which comprise Ihe Statement of Financial Activities, the Balance Sheet and the notes to the accounts, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice}. In our opinion the accounts.. give a true and fair view of the state of the charitable company's affairs as at 31 March 2022 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice-, and have been prepared in accordance with the requiremenls of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under Ihose standards are further described in the Auditor's responsibilities for the audit of the accounts section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the accounts in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In forming our opinion on the financial statements. which is not modified, we have considered the adequacy of the disclosures made in note 1 to the financial statements concerning the charity's ability to continue to trade as a going concern. At 31 March 2022 the charity's free reserves were negative £516,780and the charity continues to rely on the support of its parent charity. Praxis Care. These conditions, along with the other matters explained in note 1 to the financial statements, indicate the existence of a material uncertainty which may cast significant doubt about the charity's ability to continue as a going concern. The financial statements do not include any adjustments that would result if the charity was unable lo conlinue as a going concern. Other information The other information comprises the infomation included in the annual report, other than the accounts and our auditor's report Ihereon. The Trustees are responsible for the other information. Our opinion on the accounts does not cover the other information and, except to the extent otheiSe explicitly stated in our report, we do not express any form of assurance Conclusion thereon. In connection with our audit of the accounts, our responsibility is to read the other information and, in doing so. consider whether the other information is materially inconsistent with the accounts or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to detemine whether there is a material misstatement in the accounts or material misstatement of the olher information. If, based on the work we have performed, we conclude that there is a material misstatement of Ihis other infomiation, we are required to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of our audil: the information given in the Trustees, Report for the financial year for which the accounts are prepared is consistent with the accounts. and the Trustees, Report has been prepared in accordance with applicable legal requirements.
THE NORTHERN IRELAND AGORAPHOBIA AND ANXIETY SOCIETY {COMPANY LIMITED BY GUARANTEE) Independent auditor's report to the members of The Northern Ireland Agoraphobia and Anxiety Society Matters on which we are required to report by exception In the light of the knowledge and understanding of the Trustees and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Report. We have nothing lo report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion.. adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us., or the accounts are not in agreement with the accounting records and returns., or certain disclosures of Trustees, remuneration specified by law are not made.. or we have not received all the information and explanations we require for our audit. Responsibilities of Trustees As explained more fully in Ihe Statement of Trustees, Responsibilities, the Trustees, are responsible for the preparation of the accounts and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparalion of accounls that are free from material misslatement, whether due to fraud or error. In preparing the accounts. the Trustees are responsible for assessing the Charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the company or lo cease operations, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the accounts as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these accounls. A further description of our responsibilities for the audit of the accounts is located on the Financial Reporting Council's website at.. http'.Ilwww.fr¢.org.uklauditorsresponsibilities. This description forms part of our auditor's report. This report is made solely to the charitable company's members. as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and regulations made under that Act. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members as a body, for our audit work. for this report, or for the opinions we have formed. Dr R I Peters Gallagher OBE FCA (Senior Statutory Auditor) for and on behalf of Moore (Nl} LLP Chartered Accountants Statutory Auditor 12 October 2023 4th Floor Donegall House 7 Donegall Square North Belfast BT15GB
THE NORTHERN IRELAND AGORAPHOBIA AND ANXIETY SOCIETY (COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2023 Unrestricted Restricted funds funds 2023 2023 Total Unrestricted Restricted funds funds funds 2023 2022 2022 Total funds 2022 Note Income: Charitable activities 39,529 39,529 Total income 39.529 39,529 Expenditure: Charitable activities 7,609 7,609 86,714 86,714 Total expenditure Net expenditure Transfers between funds 7,609 17,609} 7,609 (7,609) 86.714 (47,185) 86,714 147,185) Total Funds brought forward 516,780 (516,780 469,595 469,595 Funds carried fonvard 10,11 524,389 (524.389) 516,780 (516,780) The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of comprehensive income has not been prepared The notes on pages 11 to 17 form part of these financial statements and should be read in conjunction therewith.
THE NORTHERN IRELAND AGORAPHOBIA AND ANXIETY SOCIETY (COMPANY LIMITED BY GUARANTEE) BALANCE SHEET AS AT 31 MARCH 2023 2023 2022 Note Fixed Assets Tangible Assets Current Assets Debtors Creditors: amounts falling due within one year 524,389 516.780 Net Current Liabilities Total assets less current liabilities 524.389 524,389 516,780 516.780 Funds Restricted income funds Unrestiicted income funds 10 (524,389) (516,780) Total Funds 524,389 516,780 These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime within Part 15 of the Companies Act 2006. These financial statements were approved by the Board of Trustees on the 12 October 2023 and signed on their behalf by.. rrustee Mr O Paulin MrKS run The notes on pages 11 to 17 form part of these financial statements and should be read in conjunction therewith. 10-
NORTHERN IRELAND AGORAPHOBIA AND ANXIETY SOCIETY (COMPANY LIMITED BY GUARANTEE) Notes to the financial statements for the year ended 31 March 2023 Accounting Policies Charity information Northern Ireland Agoraphobia and Anxiety Society is a private company limited by guarantee incorporated in Northern Ireland. The regislered office is 25-31 Lisburn Road, Belfast, BT9 7AA. Basis of a¢¢ounting The financial statements have been prepared in accordance with the Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Praclice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102. The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. Going ¢on¢ern The continued operation of the charity is dependent on the ongoing support of Praxis Care. The Trustees consider that in preparing the financial statements they have taken into account all information that could reasonably be expected to be available. Praxis Care have indicated that they will provide the necessary ongoing financial and operational support to sustain the charity for the foreseeable future while future sources of funding are sought, therefore they consider Ihat it is appropriate to prepare the financial slatements on a going concern basis. The financial ststements do not include any adjustments that would result if Praxis Care support was withdrawn. Cash flow statement The Trustees have taken advantage of the exemption in Financial Reporting Standard 102 Section 7 from including a cash flow statement in the financial statements on the grounds that the charitable company is small. Incoming resources Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts Can be measured reliably, and it is probable that income will be received. Cash donalions are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Legacies are recognised on receipt or othemise if the charity has been notified of an impending distribution, the amount is known. and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. 11
NORTHERN IRELAND AGORAPHOBIA AND ANXIETY SOCIETY (COMPANY LIMITED BY GUARANTEE) Notes to the financial statements for the year ended 31 March 2023 Accounting Policies (continued) Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Funding provided through contractual agreements and performance related grants is recognised as goods or seNices are supplied. Other grant payments are recognised when a constructive obligation arises Ihat resulls in the payment being unavoidable. Costs of generating funds are those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries.11 includes both cosls that can be allocated directly to such activities and those costs of an indirect nature necessary to supply them. Governance costs include those incurred in the governance of its assets which are associated with constitutional and statutory requirements. Support costs include central functions and are allocated to activity cost categories on a basis consistent with the use of resources. All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly- others are apportioned on an appropriate basis. Basic financial assets Basic financial assets. which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using Ihe effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Bas1¢ fInan¢ial liabilities Basic financial liabilities, including Creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amort15ed. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amount5 payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. Fixed assets Tangible fixed assets are stated at cost less accumulated depreciation. 12-
NORTHERN IRELAND AGORAPHOBIA AND ANXIETY SOCIETY (COMPANY LIMITED BY GUARANTEE) Notes to the financial statements for the year ended 31 March 2023 Accounting Policies (continued) Depreciation Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows.. Office Equipment straighl line Cash and cash equivalents Cash at bank and cash 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. Funds The Charity has different types of funds for which it is responsible, and which require separate disclosure. These are as follows= Restricted funds.. Donations, grants and other income received which are earmarked by the donor for specific purposes. Such purposes are within the overall aims of the organisation. Unrestricted funds- Funds which are expendable at the discretion of the board in the furtherance of the objects of the Charity. In addition funds may be held in order to finance capital investment and working capital. Related Party Transactions The charity has taken advantage of the exemption not lo disclose related party transactions with other members of the group. as it is a wholly owned subsidiary and group consolidated financial statements are available. In¢ome from charitable activities Unrestricted Restricted funds funds 2023 2023 Total funds 2023 Total funds 2022 Counseling income Grants and contracts 39,529 39,529 13-
NORTHERN IRELAND AGORAPHOBIA AND ANXIETY SOCIETY (COMPANY LIMITED BY GUARANTEE) Notes to the financial statements for the year ended 31 March 2023 Expenditure on charitable activities Counselling & support Govern- services ance Basis of allocation Total 2023 Total 2022 Costs directly allocated to activities Staff Costs Direct Client expenses Direct Office Costs Direct Audit Fees Direct Depreciation Direct Professional fees Direct Recruitment Direct 1,305 1,305 53,226 5,874 5,874 600 13,516 600 600 {170) (170) 1,845 7,009 600 7,609 69,187 Counselling & support Services Basis of allocation Govern- ance Total 2023 Total 2022 Support costs allocated to activities Management costs Direct cosls Quality monitoring Salary costs Training costs Head count Premises costs Direct costs Total other support costs Direct cosls 2,723 443 2,894 2,675 6,022 14,757 83,944 7.009 600 7,609 Net incoming resources for the year 2023 2022 This is stated after charging- Audit Services 600 600 Stsff costs and emoluments Total staff costs were as follows: 2023 2022 Wages and salaries Social security costs Pension costs 637 721 53 1,305 47,456 4,103 1,667 53.226 14-
NORTHERN IRELAND AGORAPHOBIA AND ANXIETY SOCIETY (COMPANY LIMITED BY GUARANTEE) Notes to the financial statements for the year ended 31 March 2023 Particulars of employees: The average number of employees during the year was as follows.. 2023 No. 2022 No. No of operations staff No employee or trustee of the charity received emoluments of more than £60,000 during the year {2022= NIL). Tangible fixed assets Equipment Total Cost At 1 April 2022 Disposals At 31 March 2023 Depreciation At 1 April 2022 Charge for year Disposals At 31 March 2023 Net book value At 31 March 2023 At 31 March 2022 Debtors 2023 2022 Accrued income Creditors: Amounts falling due within one year 2023 2022 Amounts owed to group undertakings Accruals 523,789 516,180 600 600 524,389 516,780 15-
NORTHERN IRELAND AGORAPHOBIA AND ANXIETY SOCIETY (COMPANY LIMITED BY GUARANTEE) Notes to the financial statements for the year ended 31 March 2023 Restricted income funds Incoming 1 April 2022 Resources Resources Transfers expended At31 March 2023 Big lottery grant VSP grant 10. Unrestri¢ted income funds Incoming 1 April 2022 Resources Resources Transfers expended At31 March 2023 General Fund 516,780 7,609 (524,389) 11. Analysis of net assets between funds Net current assetsl (liabilities) Tangible fixed assets Total Restricted Funds Unrestricled Funds Total Funds 524,389 524,389 (524,389) (524,389) The Trustees of Praxis Care have agreed to provide any necessary ongoing financial and operational support to sustain the charity for the foreseeable future. The long term aim is to grow the charity and eliminate the current funding deficit. 12. Related party transactions The charity has not disclosed relaled party transactions on the basis that consolidated financial statements are available. 13. Charitable company limited by guarantee The charitable company is limited by guarantee and as such does not have any share capital. The liability of each of the members is limited to £1. 16-
NORTHERN IRELAND AGORAPHOBIA AND ANXIETY SOCIETY (COMPANY LIMITED BY GUARANTEE) Notes to the financial statements for the year ended 31 March 2023 14. Ultimate parent company Praxis Care, a charitable company incorporated in Northern Ireland, is the ultimate pant charitable company for the Northern Ireland Agoraphobia and Anxiety Society. Praxis Care is registered with The Charity Commission for Northern Ireland (NIC103672), and its registered office is 25-31 Lisburn Road, Belfast, BT9 7AA. The Praxis Care Board operates as delailed in the governing document for the Charity, its Memorandum and Articles ofAssociation. The day-to-day operations ofthe group are delegated to the Chief Executive and the Senior Leadership Team. The principle purpose of the charity is to promote the preservation and safeguarding of mental health, to support individuals with a range of mental illnesses. disabilities or any other condition or circumstance and to include, without limitation, those persons who have a learning disability or illness due to old age or any other condition. Praxis Care provides a range of services including Accommodation & Support., Volunteer Befriending,. Home Response l Domiciliary Care.. Workskills l DayActivity,' Respite Residential Care,. Floating Support., Carer Advocacy and Research activities. 17-