Fpm 6rnW Co•thkn.fff*4F5 AH AAB GROUP COMPAMY FPMAABXIJI I WOmAA8.COM COMPANY REGISTRATION NUMBER N1071615 CHARITY REGISTRATION NUMBER 100291 SHOPMOBILITY NEWRY ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2023 AWARO WINNING ADVI.. LHAIITERED ALI.C)LtrIIANI ] MI. W22968 1 WP4y'GBW49949 1 FE32• F
SHOPMOBILITY NEWRY OFFICES AND PROFESSIONAL ADVISORS The board of directors Peter Murray Pauline Muiholland- Resigned 17 February 2023 vcent Crawford - Re5tgned 17 February 2023 Eamon Connolly- App)inted 17 February 2023 John Giidea Company secretsry 8uttercrane Shopping Centre Buttercrane Quay Newry Co Down N Ireland BT35 8HJ Independent Exanmner FPM Accountants Limited Chartered Accountants & Statutory Auditors Dromalane Mill The Quays Newry Co Down N Ireland BT35 8QS Banker5 AIB 42-44 Hill stet Newry Co. tlown Charity Number 100291 Company Reglstrdtlon Nun Nl 071615
SHOPMOBILITY NEWRY CONTENTS Page Trustees. Report Statement of Trustees. Responsibilities Independent Examiners Report Statement of Financial Aclivities Balance Sheet Notes to the Financial Ststements 9-12
SHOPMOBILITY NEWRY TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORT) FOR YEAR ENDED 31 MARCH 2023 The Trustees present their report and accounts for year ended 31 March 2023. The Financial Statements have been prepared in accordance with the accounting policies set out in note I to the Financtal Statements arKI comply with the charitys governing document, the Companies Act 2006 and °Accounting and ReportirKJ by Charities: Statement of Recommended Practice applicable to charities preparing thetr accounts in accordance wtth the Financial Reparting Standard applicable in rhe UK and RepubL(c of Ireland (FRS102) (a5 amended for accounting periods commencing from l January 2019) Alms and Objértives Shopmobility Newry are a registered charity providing mobiitty equrnet to people with lirrtited mobilLty. The Aim of the charity is to factlitate independence. inclusion and equalLty. Shopmobility is for everyone. young or old Wther their disability is temporary or permanent- anyone who needs help with mobility. PerfomiaTrce During the year ended 31 March 2023 there were 3103 recorded bookings compared to 3,020 in 2022. 51% of these were for scooters (2022: 33%), 48% for manual wheelchairs (2022: 67%) and 1% Rouator. Shopmobility report a deficit of £8.631 for year erKled 31 March 2023 compared to a deficit of £5,116 for year ended 31 March 2022. There were 571 indtvidual users of all ages and disability. either long or short lerm who might otherwise not be able to get out and around Newry City Centre. Shopmobility Newry have continued to recruit new mernbers on a regular basis. The Membership at 1st April 2023 was 537 (compared to 488 at IM April 20221. The were 146 new members in 2023 - 23 with a greater number of wheelchatr users this year due to long term rentals. Flnandal Review The Reserve5 Policy states that the current target Level for reseNes is set at six months of annual operating expenditure plus redundancy costs. In the event of reserves dipping below this target level they may be restored by increased fundraising tncreasing earned (ncome or reducing expenditure. The trustees have assessed the major risks to wh(ch the charity is exposed and are satisfied that systems are in place to mitigate exposure to the majoi rtsks. Risk Statement Further to the management statements, the trustees identify the major rlsks to which the charity is exposed each financial year when preparing and updating a strategic plan. in particular those related to the operations and finances of the charity. The trustees then review any major risks that have been identified, and establish systems to rnitigate those nsks. The charity is satisfied that the systems are in place to mitigate their exposure to the major risks that have been so identifd and reviewed. The charity is open to the usual financial risks of any organisation. and the charity has introduced controls to minimise these risks. such as two signatures being required for payments from the bank account. In addition, the accounts are regularly explained to member5 of the charity and are open for member's inspection at any time.
SHOPMOBILITY NEWRY TRUSTEES. REPORT (CONTINUED) (INCLUDING DIRECTORS. REPORT) FOR YEAR ENDED 31 MARCH 2023 Examples of spedfft risk management and mttigalioh measures Strategic Not meeting objectives- Regular review and strate9ic plannin9 held by Board. F(nanclal Insufficient resources io proceed with planned programme of activities: inadequate reserves and cashflow.. inadequate diversity of income streams or loss of major funder- Ensure funding ptan business contingency pian and appropriate level of reserves are in place. Lack of financial control due to inaccurate information resulttng in loss of fUndg or overspend Ensure accounts are regularly reconciled and inforn)ation is presented to Board. Governance Poor internal management adVeelY affetting cash flow - Ensure monitoring Processes are in place to measure financial perfOrnian such as cofftpafiSOnS between actual and budgeted results. Unsu(table Directots with poor skiu set- Complete annual skills audit of the Board and put in place recruitment processes to fLU any gaps. Conflicts between Directors & Management - Ensure open communication at au times. Conflict of Interest is a standin9 agenda item for govemance meetings. Failure to maximise performarKe operational plan. Reputatlon Adverse public relations with stakeholder groups impacting negatively on reputation of organisation - Ensure organisation is fuuy cornptiant with conditions of donors and funding bodies. Major inCent resultirKJ in physiGIi injury to a member of the public or to a member of the organisation- Ensure H&S procedures are foik)wed at all tune& IT and Data Inadequate service caused ty poor infomiation systems and toss of data - Back up data on a regutar basis. Breach of privacy standards- Abide by data protection principles. Health & Safety Serious injury to offe staff. visitors to premises, or injury to mernbers of the publ(( during use of equ(pment - Written Health & Safety Policy and training as part of induction prtor to use of equipment. People Implement specific tar9ets through strategic and Loss of or damage to physical assets of the organisation - Ensure insurance is in place and that regular maintenance 15 undertaken. Structure. Governance and Managemert Shopmobility Newry is a registered Charity constituted as a Company Limited by Guarantee and is therefore governed by Articles of Association. The directors of the company are also trustees of the charity. Eligibility lor membershw of the charity, and membership of the board of trustees is governed by the Articles of AsSOCLation. The trustees, who are also dirertors for the purpose of company law. and who Served during the year were: Peter Murray Pauline Mulholland [Resigned 17 February 20231 Vincent Crawford IResigned 17 February 2023] Eamon Connolly [Appointed 17 February 2023]
SHOPMOBILITY NEWRY TRUSTEES, REPORT (CONTINUED) (INCLUDING DIRECTORS. REPORT) FOR YEAR ENDED 31 MARCH 2023 Thè methods adopted for the recfuitment and appointment of new dirertors/trustees Members: SubscrerS are members of the company. Others must apply for membershw and be approved by the director5. A member may withdraw by giving written rtice. unless there would be only two members remainiNJ. Directors.. Number shall not be less than 3-. there is no maximum numbef. Appointment of directOfS.' the company may by ordinary resolution appolnt a director. A dIrtOr may resign office by notice to the company. Company operations and project management Petty cash expendituie is avotded where possible. Payrnents ale made on receipt of invoices and expenditure authorised by a director. Cheques require two snatureS and online payments over £2,000 require two authorisations and there is a daily (imit of £lO.O(A). The accounts and receipts are alway5 avadabie for $Pertioft. Shopmobiu'ty NeWS financial statements are subjert to a full ffftancial independent examiners inspection at the end of each financial year. Shopmobility Newry management and Board of Directors regularly review financial procedures. Shopmobility NÈMry complies viith legislative ulationS laid out in Equal Opportunities legislation, the Oisability Discrimination Act and the Children's Order, GDPR and other appropriate legi5tation. Shopmobil¢ty Newry s Policies indude: a Safeguarding Young People and Vulnerable Adults Policy, a Health and Safety Policy, Whi5tiebiowing Policy, Equal Opportunities Pollcy and Privacy Policy. The organisational stnKture and how decisi are madè The board of directors/trustees meets 6 times a year as a futi board. to discuss the actLVlties of the charity tn terms of finance, premises, staffg and programming. Staff have delegated authority to carry out day to day vmrk within pokncies agreed by the board. Financial standing ordeTS give necessary authorisation of different amounts. The poucies and procedures adopted for the induction and tTalntng of (fwectorsltrustees Prior to being elected. nominees are invited to a Board meeting, as weu as visiting the premses. to meet trustees and Members of staff. Grant Income The Trustees confirm that the TPPD Grant has been used solely for the purposes intended and in accordance with the terms and conditions of the grant Independent Examiner In accordance with the cornpany's arttcles. a resolution propostng that FPM Accountants Limited be reappointed as IrKlependent Examiners of the company will be put at a General Meeting. Disclosure of Informatlon to Independent Examiner Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the independent examination, but of which the Independent Examiner is unaware. They have further confirmed that they have taken appropiiate steps to identify sudi relevant information and to establish tha Independent Examiner is aware of such information. Tli s re was approved by the Board of Trustees. Mr P Murray Trustee Dated.. 14 Au9USt 2023
SHOPMOBILITY NEWRY STATEMENT OF TRUSTEES. RESPONSIBILMES FOR YEAR ENDED 31 MARCH 2023 The trustees, who are also the directOT5 of Shopmobility Newry for the purpose of company Law, are re5pon5ible for preparing the Trustees. Report and the accounts in accordance with applicable law and United Kir*gdom Accounting Stsndards (United Kingdom Generally Accepted Accounting Practice). Company Law requires the trustees to prepare accounts for eath financial year which g(ve a true and fair view of the state of affaiTS of the charity and of the incoming resources and application of resources, including the income and expenditur& of the charitable company for that year. In preparin9 these accounts, the trustees are required to: seled suitable accounting policies and then apply them consistentl obsetve the methods and principles in the Chartties SORP; make judgements and estimates that are reasonable and PTudent: state whether applicable UK Accourrting Standards have been followed. subject to any material departures disclosed and explained in the accounts: and prepare the accounts on the going concern basis unless it is (nappropriate to presume that the charity wiu continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financtal position of the charity and enable them to ensure that the accounts comply with the Companies Art 2006. They 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.
Fpm lknl COT C¢ AN AAB GROUP COMPANY SHOPMOBILITY NEWRY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHOPMOBILITY NEWRY T OJ3020 FPMAAB.Cfll I WO@FniAABrn I report to the trustee5 on my examination of the financial statements of Shopmobility Newry (the charity) for the year ended 31 March 2023. Responsibilities and basis of report As the trustees of the charity (and also its directors for the purposes of company law) you are re5ponstble for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied rne1f that the fanCIal statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for Independent examination. I report in respect of my examination of the charity's financial statements carried out under 5ettion 65 of the Charities Act (Northern Ireland) 2008. In carying out my examination I have followed all the applicable Directions given by the Charity Commission under section 65(9)Ibl of the 2008 ACL Independent examiner's statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: aCcoUntg records were not kept in respect of the charity as required by seCtn 386 of the 2006 Act.. or 2. the financtal statements do nol accond with those records.- or the financiaL statements do not comply with the accounting requirements of section 396 of the 2CK)6 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination,. or the fLnancial statements have not been prepared in accordance with the method5 and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charitLes preparin9 thetr accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FR5 102). I have no concerns and have come acioss no other.matters in connection with the examination to which attention should be drawn in thts report 4n order to enable a proper understanding of the financial Statements to be reached. Teresa Carnpbeli for and on behal of FPM Accountants Limitsd Independent Examiners Dromaiane Miu The Quays Newry Co. Down 8T35 8QS 14 August 2023 AWARD WINNING ADVICE.. CHARTERED ' ACCOU14TANIS WINIIÈR r9.. I 'llFIa49 1 *J28lFH
SHOPMOBILITY NEWRY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Note Unrestryrted Funds DFI Othw Restricted Funds Total 2023 Total 2022 Incoming Resoure Voluntary Income Funds 29,650 29.650 29,650 Grant Funding Income from Charitable Activities 28.5 28,500 38.5IXI 3,617 Total Incoming Re50urtes 4.960 28.51X) 29.650 71,767 Resources Expended Cost of Generating Voluntary Income Cost of Charitable Activities Governance Cost5 10.594 28,5) 29.650 68,744 72,489 2,997 Total Resources Expend 2,997 4,394 13.591 28.5 29,650 71,741 76,833 Net uicoming/(outgoing) resources before transteT$ (8.631) (8.631) 15 1161 Transfws Between Funds 2.375 (2.375) Net Movement in Funds (6.256) (2.375) (8,631) 15,116) Total Funds Brought Forward 27.143 2.375 29,518 34.634 Total Funds Carried Fonward 20.887 20,887 29.518 This statement of financial xtivities indudes ail gains and losses recogntsed In the year. All income and expenrfiture derive from continuing activitie& The statement of fan(la1 activities also complies with the requirements for an income and expenditure account under the Companies Act 2LM)6.
SHOPMOBILITY NEWRY STATEMENT OF FINANCIAL AcfiviTIES INCLUDING BALANCE SHEEr FOR THE YEAR ENDED 31 MARCH 2023 Notes Unrestricted Fund5 DFI Total 2023 Totsl 2022 Funds Funds Futed Assets Tangiblè Assets Total Fixed Assets Current Assets Stock Debtors 4,550 Cash at hand and tn bank Total Current Assets 22.567 22.567 27.477 22.567 22,567 32,027 Creditor&' amount faulng due within one year IL680) (1.680) (2,5091 Net Current Assets/(liabiiities) 20.887 20,887 29,518 Total assets ie¥ current Ilabulties 20.887 20,887 29.518 Credltors: amounts falling due after one year Net Assets 20.887 20.887 29,518 Fund of the Charity (make-up) 20.887 20,887 29.518
SHOPMOBILITY NEWRY STATEMENT OF FINANCIAL AcfiviTIES INCLUDING BALANCE SHEET (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 The compary is entitled io the exemption from the audit requirement contained in section 477 01 the Companies Art 26. forthe year ended 31 March 2023, and an tndependent examiners review has been carried out. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these accounts under the requirements of the Companies Art 2(X)6. The trustees. responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing accounts which gÉve a true and fair vtew of the state of affair5 of the company as al the end of the financial year and of its incomin9 resources and application of resources, including Its income and expenditure. for the financial year in accordance with the requirement5 of section5 394 and 395 and which otherwise comply with the requirement5 of the Compan(es Act 20(• relattng to accounts. so far as applicable to the company. These accounts have been prepared in accordance with the Provisions applicable to companies subject to the small companies. regime. The accounts were approved by the Trustees on 14 August 2023. Murray Trustee Company Registration No. N1071615
SHOPMOBIUTY NEWRY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ACCOUNTING POLICIES Charity itifoTmalion Shopmobility Newry i5 a private company limited by guarantee incorporated in Northern Ireland. The regtstered office is Buttercrane Shopping Centre. Newry, Co. Down, BT35 8HJ. Accounting convention The F¢nancial Statements have been prepared in accordance with the charity's governing document, the Companies Act 2&6 and -Accounttng and Reporting by Charities.. Statement of Recommended Prartice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard appkncable in the UK and Republic of Ireland {FRS 102)" (as amended for accounting periods commencin9 from l January 2019). The charity is a Public 8enefLt EntLty as defined by FRS 102. The Financial Statements are prepared in sterling. which is the functional cuirency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The Financial Statements have been prepared under the historical cost convention. The principal accounting policies are set out below. Going concern At the time of apploving the Financial Statements. the Irustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the gotng concem basis of accounting in preparing the Financial Ststements. Charitable funds Unrestricted funds are available for use at the discretion of the trustees in hJrtherance of their charitable objectives unless the funds have been designated for other purposes. Restricted funds are subjett lo specific conditions by donots as to tK)W they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts. In£omtng reCeS Income is recognised when the charity is legally entitled to it after any performance conditions have been met the amounts can be méasured reliably, and il is probable thot income wtll be received. Cash donations are recognised on receipt The Grant provided by The Department for Irrfrastructure, through The Transport Programme for People with Disabiltties (TPPD) wilt be used solely for the purpose for which it has been provided. Turnover is measured at the fair value of the consideration received 01 receivable and represents amounts receivable. During the Financial Year Ended 31 March 2023 Shopmobility Newry received £Nil12022: £NILI from The National Lottery Community Fund.
SHOPMOBILITY NEWRY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accounting policies (Continued) Resources expendod Expenditure is recognised once there is a legal or constructive obkngation to make a payment to a third party. it is probable that settlement WLII be required and the amount of the obligation can be measured reliably. Expenditure is classifled under the following activity headings.. Charitable expenditure comprises those costs Incurred by the charity in the delivery of it5 act(Vtties and seiceS for its benef[arles. It include5 both costs that can be auocated directly to such activilies and those costs of an ind(rect nature necessary to 5UPPOrt them. Irrecoverable VAT is charged as a cost against the tiVity for which the expenditure was incurred. Cash and cash equivalents Cash and cash equivalents include cash in har. deposits heicl at call with banks, other short- term liquid investments with oiiginal maturities of three months or less and bank Overdrafts. Bank overdrafts are shown within borrowU5 in current liabilitie& financial instruments The charity has elected to apply the prDvisiors of Section 11 'Basic Financial Instrurnents. and Section 12 '0ther Financial Instrumerrts Issues. of FRS 102 to all of its fancial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becoTnÈs party to the contractual provisions of the instrument. Financial assets and liabilities are offset with the net aniounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to Settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic f(nancial assets, which tndude debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amorti5ed cost using the effective interest method unless the arrangement constitutes a financing transactLOn. whero the transaction is measured at the present value of the future receipts discounted at a market rate of interesL Financial assets classified as receivable within one year are not amortised. Basic financial Ilabilit(es Basic fancial liabilities. inciudirvJ Creditors and bank loans are initiauy recognised at transaction price unle55 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. Financtal Itabiiities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost using the effective interest rate rnethod. Trade credttors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classifLed a5 current Itab(lities if payment is due within one year or less. If not they are presented as non-current liabiltties. Trade creditors are recognised iJJitially at transaction price and subsequently measured at amortised cost the effective interest method. io
SHOPMOBILITY NEWRY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accounting policie5 {Contlnu•dl Derecognltion of financial liabilities Financial liabilities are derecogntsed when the charitys contractual obligations expl or are discharged or cancelled. Critical accountin9 Èstimates and judgements In the app(Lcation of the charity's accounting policies. the trustee5 are required to make judgements. estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on htorICal experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimate5 and undertying assumptions are reviewed on an ongoing basis. Revisions to accounting estimate5 are recognised tn the period in which the estimate is revised Whe the reVlon affects only that period. o¥ in the period of the revision and future periods where the revIsn affects both Cuent and future periods. Self Generated Funds Unrestricted Unrestricted funds funds 9eneral desi9nated Total 2023 Total 2022 4.960 4,960 3,617 Chantable artivities Unrestrirted Income Total 2023 Total 2022 Income DFI Funding In-Kind Contributions The National Lottery Community Fund Others 28.500 29.650 2&51X) 29.650 28,500 29.650 4.960 4,960 63,110 13,617 71,767 58.150 Analysis by fund Unrestrirted funds- general Restricted fund 4,960 58,150 63,110 13,617 58,150 71,767 58,150 58,150 For the year ended 31 March 2022 Unrestricted funds - general Restricted funds 13,617 58.150 13,617 58,150 71.767 13.617 li
SHOPMOBILITY NEWRY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Charitable artivlties Tolal 2023 Expenditure Total 2022 Éxpenditure Rent In-kind contributions Salaries Light & Heat Insurance Repairs and maintenance Equipment purchase Telephone Offe costs Printing, stationery and postage Advertising Legal and professional fees Accountancy fees Bank charges 29,650 28.5(J) 29,650 30,929 1,827 2,175 1.391 2,429 1.827 2.175 1.391 29,650 31,322 1,646 1.749 1.030 1.318 765 2,559 409 1,436 3,093 1,680 226 76,883 829 2.218 233 829 2.218 233 546 22 1.680 241 22 1.680 241 L3.591 58.150 Trustees None of the trustees lor ary persons connected with them) received any remuneration or benefits from the charity during the year. Employees Number of employees The average monthly number emptoyees during the year wa5: 2023 Number 2022 Number Debtors 2023 2022 Amounts faiilng due withtn ¢x)e year Other debtors Prepayments and accrued income 2,375 2.175 4,550 Credctors: amounts falling due withln one year 2023 2022 Accruals and deferred income 1.680 2,509 2,509 io Shopmobility Newry is a company limiled by guarantee 12