2023-03-31-annual-report - The Koram Centre, Counselling, Psychotherapy and Psycho Social Support Ltd

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COMPANY REGISTRATION NUMBER: N1060906 CHARITY REGISTRATION NUMBER: NIC100412 THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Unaudited Financial Statements 31 March 2023 SP MCCAFFREY & CO Chartered accountants 50 Campsie Road Omagh Co Tyrone BT79 OAG

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Financial Statements Year ended 31 March 2023 Page Trustees, annual report (incorporating the director's report) Independent examiner's report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Statement of cash flows 10 Notes to the financial statements 11 The following pages do not form part of the financial statements Detailed statement of financial activities 24 Notes to the detailed statement of financial activities 25

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) Year ended 31 March 2023 The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2023. Reference and administrative details Registered charity name THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Charity registration number NIC100412 Company registration number N1060906 Principal office and registered 3 Mourne Villas office Lower Main Street Strabane Co. Tyrone BT82 8BG The trustees Mrs L Hourican Miss D McNamee Miss K Rao Mr G Harkin Mr G McFadden Mr M Benhassine (Resigned 24 August 2022) Solicitor Barry Brady 2 Church Street Strabane Co Tyrone BT82 28S Bank Bank of Ireland 25 Campsie Road Omagh Co Tyrone BT79 OAE Independent examiner Seamus Mccaffrey 50 Campsie Road Omagh Co Tyrone BT79 OAG

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directorfs Report) (continued) Year ended 31 March 2023 Structure, governance and management The Koram Centre is a company limited by guarantee (Registration Number N1060906}. The Company is governed by its Memorandum and Articles of Association. Objectives and activities We have referred to the guidance contained in the Charities Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. Strategic report The following sections for achievements and performance and financial review form the strategic report of the charity.

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2023 Achievements and performance The principal objective of the company was the provision of.. safe place, counselling services, placements and opportunities to experience vocational and horticultural activilies that enhance the personal, professional development and health and wellbeing of young people, and the mature sections of the population. The company specialises in emotional support and also assisting those impacted directly or indireclly by the conflict. This year, the Koram Centre has continued to support individuals experiencing emotional health and well-being issues across the Strabane District Area. This includes individuals presenting wilh a wide range of issues including low moodldepression, stresslanxiely, relationship and work-related issues as well as trauma. This includes traumalic incidenls relating to the conflict. In addition the Koram Centre have continued to offer support support to those at increased risk of suicide and self-harm. Over the past year, the centre has supported 1558 beneficiaries across a range of indicators.. 571 individuals accessing treatmentslinlerventions 60 people engaging in urgent support (increased risk of harml 4060 counsellinglpsychotherapy and complementary therapy sessions delivered, engaging with 574 individuals. 310 individuals engaging in group programmes to increase knowledge, understanding and skills around mental health issues. This has included programmes on anxiety management, mindfulnesslmeditation, introduction to gardening, woodworking, yoga and others. In addition we have continued to deliver a monthly support group for those bereaved by suicide. 43 individuals engaged in volunteering. This year we have continued to see an increase in referrals for support, particularly for adulls seeking counsellinglpsychotherapy support. This has been driven in part by the impact of the current Cost of Living crisis. The Koram Centre continues lo receive support from a range of funders including Department for Communities, Victims & Survivors Service Nl, WHSCT, Western Rural Health Care, St. John of God Foundation, Children in Need, Halifax Foundation Public Health Agency, Community Foundalion for Northern IrelandlDepartment of Health and others.

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (contlnued) Year ended 31 March 2023 Financial review Review of the Business The company is non-profit making organisalion. The management continues to be engaged in ongoing efficiency savings and is aware of the sustainable use of resources. Capital Commitments The Charity is committed to a spend up to £550,000 for the refurbishment of premises at 12 Railway Street, Strabane. ReseNes Policy 'The trustees have set a reserves policy which requires that reserves be maintained at a level which ensures that the charity's core activity could continue during a period of unforeseen difficulty and to assist in the future strategic development of the organisation. The trustees have agreed that the charity should endeavour to hold reserves at an amount not less than £189,930 in an effort to minimise the risks identified by the charity. This includes six months expenditure in relation to salaries and running costs- match funding towards Big Lottery People & Communities Project and contingency funds to meet costs towards refurbishment of new premises at 12 Railway Street Strabane. The trustees, annual report and the strategic report were approved on 22 June 2023 and signed on behalf of the board of trustees by.. Mr G Harkin Trustee Mr G McFa Trustee en

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Independent Examiner's Report to the Trustees ofTHE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Year ended 31 March 2023 I report to the trustees on my examination of the financial statements of THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD ('the charity,) for the year ended 31 March 2023. Responsibilities and basis of report As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requiremenls of Charities Act (Northern Ireland} 2008 (the '2008 Act,) and the Companies Act 2006 {'the 2006 Act'i. You are satisfied that the accounts of the company are not required by charity or company law to be audited and have chosen instead to have an independent examination. Having satisfied myself that the accounts of the company 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 as carried out under section 65 of the 2008 Act. In carrying out my examination I have followed the general Directions given by the Charity Commission for Northern Ireland under section 65{91(b) of the 2008 Act. Independent examiner's statement Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 65 of the 2008 Act. I confirm that l am qualified to undertake the examination because l am a member of Chartered Accountants Ireland, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with my examination giving me cause lo believe Ihat in any material respect.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act., or the financial statements do not accord with those records., or the financial statements do not comply with the accounting requirements of section 396 of the 2006 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 financial statements have not been prepared in accordance with Ihe methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102).

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2023 2023 Restricted funds Total funds 2022 Unrestricted funds Total funds Note Income and endowments Donations and legacies Charitable activities Other income 16,499 26.808 10,477 334,584 351,083 26,808 10,477 329,580 34,532 Total income 53,784 334,584 388,368 364,112 Expenditure Expenditure on raising funds.. Fundraising Costs Expenditure on charitable activities Total expenditure 5,128 9,180 5.128 333,851 1.097 305,251 324,670 14,308 324.670 338,979 306,348 Net income and net movement in funds 39,476 9,914 49,389 57,764 Reconciliation of funds Total funds brought forward Total funds carried forward 212,266 16,203 228,469 170,705 251,742 26,117 277,859 228,469 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pageg 11 to 22 form part of these flnanclal ststements.

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Statement of Financial Position 31 March 2023 2023 2022 Noto Fixed assets Tangible fixed assets 13 276,127 257,572 Current assets Debtors Cash at bank and in hand 14 28,601 141,941 35,846 172,563 170,542 208,409 Creditors: amounts falling due within one year 15 24,508 72,512 Net Current assets 146,034 135,897 Total assets less current liabilities 422,161 393,469 Creditors: amounts falling due after more than one year Net assets 16 144,303 165,000 277,858 228,469 Funds of the charity Restricted funds Unrestricted funds.. Revaluation reserve Other unrestricted income funds 26,117 16.203 75,000 176,742 251,742 75,000 137,266 Total unrestricted funds 212,266 Total charity funds 20 277,859 228,469 For the year ending 31 March 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relaling lo small companies. Directors, responsibilities.. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476., The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to Ihe small companies, regime. The statement of financial position continues on the following page. The notes on pages 11 to 22 form part of these financial statements.

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Statement of Financial Position {conflnuedJ 31 March 2023 These financial statements were approved by the board of trustees and authorised for issue on 22 June 2023, and are signed on behalf of the board by.. Mr G Harkin Trustee Mr G McFadden Trustee The notes on pages 11 to 22 form part of these financial statements.

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Statement of Cash Flows Year ended 31 March 2023 2023 2022 Cash flows from operating activities Net income 49,389 57,764 Adjustments for.. Depreciation of tangible fixed assets Accrued lincome)lexpenses 574 (62) 6,311 1,787 Changes in.. Trade and other debtors Trade and other creditors 7,245 168,639} (11,4931 {11,493) {20,968} 218,603 Cash generated from operations Net cash (used in)/from operating activities 263,497 263,497 Cash flows from investing activities Purchase of tangible assets Net Cash used in investing activities (19.129} (187,7271 119,1291 1187,7271 Net Idecreasellincrease in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year (30 622) 172,563 75,770 96,793 141,941 172,563 The notos on pages 11 to 22 form part of these financial statement$. 10

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2023 General information The charity is a public benefit entity and a private company limited by guarantee, registered in Northern Ireland and a registered charity in Northern Ireland. The address of the registered office is 3 Mourne Villas, Lower Main Street, Strabane, Co. Tyrone, BT82 8BG. Statement of compliance These financial statements have been prepared in Compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities SORP (FRS 102}) and the Companies Act 2006. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncertainties about the charity's ability to continue. Judgements and key sources of estimation uncertalnty The preparation of the financial statements requires management to make judgements, estimates and assumptions Ihat affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future evenls Ihat are believed to be reasonable under the circumstances. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds. 11

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2023 Accounting policies (continued) Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity., it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular Gategories of income.. income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribulion of general volunteers. income from contracls for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates.. expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated lo expenditure categories reflecling the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. 12

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Notes to the Financial Ststements {¢onbnued) Year ended 31 March 2023 Accounting policies (continued) Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value al the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, excepl to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows.. Equipment 25 % straight line Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing. when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the assel and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairmenl testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating unils that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units. Government grants Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received. 13

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Notes to the Financial Statements {¢ontlnued) Year ended 31 March 2023 Accounting policies (continued) Government grants (continuedj Where the grant does not impose specified future performance-related conditions on the recipienl, il is recognised in income when Ihe grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, il is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability. Financial instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the conlractual provisions of the instrument. Basic financial instruments are initially recognised al the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt inslruments are subsequently measured al amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivalives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case Ihe asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impaimient not previously been recognised. 14

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2023 Accounting policies (continued) Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related seNice is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in ftjture payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, Ihe liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. Limited by guarantee This Company is limited by guarantee therefore it does not have share capital. Donations and legacies Unrestricted Funds Restricted Total Funds Funds 2023 Donations Sundry Donations Kathleen Graham Trust Boran-mopack Limited Iceland Strabane Strabane Golf Club Two Castles Community & Development Association Strictly Strabane 5,438 5,438 1,000 1,000 15

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2023 Donations and legacies (Continued) Unrestricted Funds Restricted Total Funds Funds 2023 Grants Victims & Survivors Service Nl DFC Core Funding John Moore Foundation Neighbourhood Health Improvement Programme Derry Healthy Cities - Suicide Bereavement Support IPHAI Children In Need Clear Funding (PHAI Community Foundation for NIIDepartment of Health VSSNI -Peace IV- Workforce Training & Development Halifax Foundation St John of God Foundation Big Lottery Peoples & Communities Fund Policing & Community Safety Partnership VSSNI -social Isolation Programme-spring-summer VSSNI -Troubles Permanent Disablement Scheme VSSNI -social Isolation Programme-Autumn-Winter 91,261 77,052 2,585 1,500 91,261 77,052 2,585 1,500 2,200 9,990 3,570 49,997 2,200 9,990 3,570 49,997 5,000 14,000 74,294 5,000 20,000 74,294 6,000 3,135 3,135 Other donations and legacies Pieta House 4,061 4,061 16,499 334,584 351,083 Unrestricted Funds Restricted Total Funds Funds 2022 Donations Sundry Donations Kathleen Graham Trust Boran-mopack Limited Iceland Slrabane Strabane Golf Club Two Castles Community & Development Association Strictly Strabane 3,379 10,000 3,000 1,204 1.950 1,000 3,379 10,000 3,000 1,204 1,950 1,000 16

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2023 Donations and legacies (continuedj Unrestricted Funds Restricted Total Funds Funds 2022 Grants Victims & Sutvivors SeNice Nl DFC Core Funding John Moore Foundation Neighbourhood Health Improvement Programme Derry Heallhy Cities - Suicide Bereavement Support {PHA) Children In Need Clear Funding IPHA) Community Foundation for NIIDepartment of Heallh VSSNI -Peace IV- Workforce Training & Development Halifax Foundation St John of God Foundation Big Lottery Peoples & Communities Fund Policing & Community Safety Partnership VSSNI -social Isolation Programme-spring-summer VSSNI -Troubles Permanent Disablement Scheme VSSNI -social Isolation Programme-Autumn-Winter 78,735 75,825 78,735 75,825 1,400 1,400 2,200 6,660 4,310 2,200 6,660 4,310 3,876 5,240 15,000 74,295 1,590 3,650 16,130 3,720 3,876 5,240 25,000 74,295 1,590 3,650 16,130 3,720 10,000 Other donations and legacies Pieta House 6,416 6,416 36,949 292,631 329,580 Charitable activities Unrestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Fundraising Allotment Income Locally Enhanced Se¥vices (Western Rural Healthcare) Talking Therapies HUB Management Fees Contribution towards Overheads 360 4,648 360 4,648 3,095 3,095 5,525 8,465 7.810 5,525 8,465 7,810 14,110 11,882 3,265 2,180 14,110 11,882 3,265 2,180 26,808 26,808 34,532 34,532 17

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2023 Other income Unrestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Insurance Claim {Re Water damage) 10,477 10,477 Fundraising costs Unrestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Costs of raising donations and legacies Donations 5,128 5,128 1,097 1.097 Net income Net income is stated after chargingllcrediting).. 2023 2022 Depreciation of tangible fixed assets 574 6,311 10. Independent examination fees 2023 2022 Fees payable to the independent examiner for.. Independent examination of the financial statements 1,150 1,150 11. Staff costs The average head count of employees during the year was 9 {2022.' 91. The average number of full-lime equivalent employees during the year is analysed as follows.. 2023 2022 Staff No employee received employee benefits of more than £60,000 during the year12022'. Nil). 12. Trustee remuneration and expenses No remuneration or other benefits from employment with the charity or a related entity were received by the trustees,. 18

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2023 13. Tangible fixed assets Freehold property Equipment Total Cost At 1 April 2022 Additions 256,998 19,129 24,295 281,293 19,129 At 31 March 2023 276,127 24,295 300,422 Depreciation At 1 April 2022 Charge for the year At 31 March 2023 23,721 574 23,721 574 24.295 24,295 Carrying amount At 31 March 2023 276,127 276,127 At 31 March 2022 256,998 574 257,572 14. Debtors 2023 2022 Prepayments and accrued income Depl. for Social Development Other debtors 1,435 6,792 20,374 2,424 8,780 24,642 28,601 35,846 Other debtors above is represented as follows- 2023 2022 Two Castles Community & Dev Association VSSNI Clear Funding - PHA Western Rural Healthcare Big Lottery Fund Western Health & Social Care Trust 1,000 1,590 862 298 18,456 255 18,573 1,286 1.131 Other 260 1,305 20,374 24,642 19

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Notes to the Financial Statements (¢ontlnuedJ Year ended 31 March 2023 15. Creditors: amounts falling due within one year 2023 2022 Trade creditors Accruals and deferred income Social security and other taxes Other creditors 18,338 1,725 1,115 3,330 13,455 1,787 1,011 56,259 24,508 72,512 16. Creditors: amounts falling due after more than one year 2023 2022 Accruals and deferred income 144,303 165,000 17. Deferred income 2023 2022 At 1 April 2022 Amount released to income Amount deferred in year At 31 March 2023 165,000 {39,826) 19,129 (15,000) 180,000 144.303 165,000 18. Pensions and other post retirement benefits Defined contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £3,713 {2022.. £2,341). 19. Government grants The amounts recognised in the financial statements for government grants are as follows.. 2023 2022 Recognised in creditors.. Deferred government grants due after more than one year 144,303 165,000 20

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2023 20. Analysis of charitable funds Balance Blfwd Balance Cld Incoming Outgoing NHIP- Neighbourhood Health Improvement Department for Communities Victim SuNivors Services Nl Children In Need Developing Healthy Communities Halifax Foundation PHA - Clear Projecl St John of God Foundation Big Loltery Peoples & Communities Fund Community foundation for NI/Department of Health John Moore Foundation 1,500 77,052 94,396 9,990 2,200 5.000 3,570 14,000 1,500 77,661 90,464 8,913 1,170 6.770 3,570 13,840 609 2,225 913 6,157 1,990 1,030 1.770 160 10,686 74,294 72,624 12,356 49,997 2,585 45,573 2,585 4,424 16,203 334,584 324,670 26,117 21. Analysis of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2023 Tangible fixed assets Current assets Creditors less than 1 year Creditors greater than 1 year Net assets 276,127 134,939 115,021} {144,303) 251,742 276,127 170,544 (24,509) {144,3031 277.859 35,605 19,488) 26,117 Unrestricted Funds Restricted Total Funds Funds 2022 Tangible fixed assets Current assets Creditors less than 1 year Creditors greater than 1 year Net assets 257,572 136,920 117,2261 {165,0001 212,266 257,572 209,382 173,485) {165.000} 228,469 72.462 (56,259) 16,203 21

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Management Information Year ended 31 March 2023 The following pages do not form part of the financial statements. 23

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 March 2023 2023 2022 Income and endowments Donations and legacies Sundry Donations Kathleen Graham Trust Boran-mopack Limited Iceland Strabane Strabane Golf Club Two Castles Community & Development Association Strictly Strabane Victims & Survivors Service Nl DFC Core Funding John Moore Foundation Neighbourhood Health Improvement Programme Derry Healthy Cities - Suicide Bereavement Support (PHAI Children In Need Clear Funding IPHA) Community Foundation for NIIDepartment of Heallh VSSNI -Peace IV - Workforce Training & Development Halifax Foundation Sl John of God Foundation Big Lottery Peoples & Communities Fund Policing & Community Safety Partnership VSSNI -social Isolation Programme-spring-summer VSSNI -Troubles Permanent Disablement Scheme VSSNI -social Isolation Programme-Aulumn-Winter Pieta House 5,438 3,379 10,000 3.000 1,204 1,950 1,000 1,000 91,261 77,052 2,585 1,500 2,200 9,990 3,570 49,997 78,735 75,825 1,400 2,200 6,660 4,310 3,876 5,240 25,000 74,295 1,590 3,650 16,130 3.720 6.416 5,000 20,000 74,294 3,135 4,061 351,083 329,580 Charitable activities Fundraising Allotment Income Locally Enhanced Services {Westem Rural Heallhcare} Talking Therapies HUB Management Fees Contribution towards Overheads 360 4,648 5,525 8,465 7,810 3,095 14,110 11,882 3,265 2,180 26,808 34,532 Other income Insurance Claim (Re Water damage) 10,477 Total income 388,368 364,112 24

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities Year ended 31 March 2023 2023 2022 Fundraising Costs Costs of raising donations and legacies - Donations Fundraising Costs 5,128 1,097 Fundraising Costs 5.128 1,097 25

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities (continued) Year ended 31 March 2023 2023 2022 Expenditure on charitable activities Activity type 1 Activities undertaken directly Wageslsalaries Pension costs Rent Direct charitable activity 1 rates & water Light & heal Repairs & maintenance Insurance Legal and professional fees Telephone, broadband & database Depreciation PHA - Clear Project Policing & Community Safety Partnership Programme Postage, Stationery & Advertising Managers & Clinical Supervision Accountancy Fees Bank Fees VSSNI Social Isolation Programme - Spring-summer VSSNI - Workforce Training & Development Programme VSSNI - Troubles Permanent Disablement Scheme Sundries Counselling Sessional Fees VSSNI Social Isolation Programme- Autumn-winter Training Management fees Big Lottery Peoples & Community Fund General Organisational Costs Programme underspends 138,771 3,713 4,500 170 3,734 2,760 3,435 115,579 2,341 4,643 1,407 150 2,593 900 3,512 4,948 4,310 1,580 6,595 1,080 1,406 121 3,650 3,876 1,590 1,117 1,140 1,080 8,134 1,435 1,406 362 3,054 53 140,270 120 150 7,810 3,702 4,140 6,821 122.850 3,480 3.265 3,107 2,553 337,877 295,536 Support costs Wageslsalaries Support charitable activity 1 rent Rates & water Support charitable activity 1 light & heat Repairs & maintenance Support charitable activity 1 telephone Depreciation Capital Grant Drawdown Postage, Stationery & Advertising Managers & Clinical Supervision Computer & Sofvare Costs 4,751 1,000 16,161 240 112 20,386 1,948 574 (39,826) 736 1,364 (15,000) 275 360 168 60 Carried forward {10,995) 4,304 26

THE KORAM CENTRE, COUNSELLING, PSYCHOTHERAPY AND PSYCHO SOCIAL SUPPORT LTD Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities (continued) Year ended 31 March 2023 2023 2022 Brought fOard (10,995) 4,304 Accountancy Fees Bank Fees Sundries Sessional Costs Programme Costs Administration & Office Costs Training 283 182 98 2,080 790 1,299 679 1,384 1,840 2,340 528 877 {4,026) 9,715 Expenditure on charitable activities 333,851 305,251 27