COMPANY REGISTRATION NUMBER: N1032847
CHARITY REGISTRATION NUMBER: XR22498
Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Financial Statements
31 March 2023
Finegan Gibson Ltd
Chartered accountants & statutory auditor
Causeway Tower
9 James Street South
Belfast
BT2 8DN

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2023
Page
Trustees, annual report (incorporating the director's report)
Independent auditor's report to the members
Statement of financial activities (including income and
expenditure account)
13
Statement of financial position
14
Statement of cash flows
15
Notes to the financial statements
16

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report)
Year ended 31 March 2023
The trustees, who are also the directors for the purposes of company law, present their report and the
financial statements of the charity for the year ended 31 March 2023.
Reference and administrative details
Reglstered charlty name
Community Advice Antrim & Newtownabbey Ltd
Charity registration number
XR22498
Company registration number N1032847
Principal office and registered Dunanney Centre
office
Rathmullan Drive
Rathcoole
Newtownabbey
Co Antrim
BT37 9DQ
The trustees
J Casey
S Davis
B Gilliland
C Gilmore
G Haire
D Patterson
LRea
D CrawFord
L Banks
(Resignèd 23 August 2022)
(Resigned 23 August 20221
(Appointed 26 April 2022)
(Appointed 28 February 2023)
Company secretary
L Adamson
Auditor
Finegan Gibson Ltd
Chartered accountants & statutory auditor
Causeway Tower
9 James Street South
Belfast
BT2 8DN

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (continue
Year ended 31 March 2023
Structure, governance and management
The organisation is a charitable company limited by guarantee and was registered as a charity on
22nd August 1997. 11 is governed by its core principles and its structure, governance and quality of
advice is audited externally as per the Nl Advice Quality Standard (NIAQS).
Charities Registration
The organisation is registered with the Charity Commission for Northern Ireland, NIC100420.
Organisational Structure
The Trustee Board is made up of members who meet a minimum of 4 times per annum and are
responsible for the strategic and policy direction of the charity. The day to day responsibility for the
provision of advice services is delegated to the Area Manager, supervision of the staff team and also
ensuring the team continue to develop their skills and working practices in line with good practice.
Recruitment and Appointment of Trustees
The directors of the company are also known as charity trustees for the purpose of charity law and
under the company's Articles are known as members of the Management Committee. Under the
requirements of the Memorandum and Articles of Association the members meet a minimum of 4
times per annum and new members are recruited by public advertisement and selected by interview.
The committee has 9 skilled members and are made up of business, retired, statutory and voluntary
sector. All members are recruited by public advertisement and selected by interview. All members give
their time voluntarily and receive no benefits from the charity.

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (Continued)
Year ended 31 March 2023
Objectives and activities
Community Advice Antrim & Newtownabbey {CAAN) is a charity in Northern Ireland working against
poverty and meeting the information advice needs of the community,. through our core setvice and
projects. Advice provision spans a diverse range of topics including debt, finance, benefits, health,
employment. consumer, legal, education. housing, immigration, and relationships. Community Advice
aims to ensure that individuals do not suffer through:
Lack of knowledge of their rights and responsibililies
Lack of knowledge of the services available to them
An inability to express their needs effectively.. and
To exercise a responsible influence on the development of social policies and services both locally
and nationally.
The Community Advice setvice is..
Committed to a socially just, tolerant and pluralist society.
Opposed to all fomis of discrimination
Committed to equal opportunities.
Principal Risks and Uncertainties
The company manages all of its financial risks through a series of controls and maintenance of a Risk
Register which is reviewed by management and considered by the Trustee Board on an annual basis.
Risks are assessed for likelihood and impact, with mitigating action described against each risk
identified.
The principal commercial, operational and financial risks that have been identified as having a serious
potential impact on the performance and future prospects or reputation of the organisation are as
follows..
CAAN needs to close or reduce resources andlor services due to financial difficulties or insolvency,
Projects have a material negative impact on the financial stability of CAAN due to withdrawal of
funding andlor ability to meet funder requirements,
Lack ofl inadequacy of financial reporting to Trustees leads to inability to act in time in face of
threatslopportunities.
The Trustee Board are satisfied that appropriate actions have been identified and taken so that these
risks are managed effectively. Mitigation actions include=
Comply with 'Financial Procedures.
Monitor cash flow on monthly basis
Realistic costing for funding bids
At least quarterly financial reporting to Trustees, including restricted projects
Monitor Projects on quarterly basis
Annual Budgets agreed by Trustees
Strategic report
The following sections for achievements and performance and financial review form the strategic
report of the charity.

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) {contsnued)
Year ended 31 March 2023
Achievements and performance
We provide a comprehensive range of services to our clients. Through the provision of our holistic
wrap around advice setvice, including income maximisation, CAAN dealt with over 43k enquiries for
the year ended 31 March 2023 and generated £8.3million income for clients. In addition to our core
advice services we have delivered projects, including Money AdvicelDebt Counselling, Macmillan
Benefits Service. Welfare Reform Support, Advice4Health, Foodbank Financial Inclusion and also
Social Supermarket Scheme.
Implications of COVID
SERVICE DELIVERY - The demands on the service continue to be high, increasingly so from
those who have been financially impacted by the Cost of Living Crisis. Additional demands for Cost of
Living events and workshops led to CAAN participating in 52 external sessions.. raising awareness of
advice servi￿, support measures and Cost of Living mitigations.
VOLUNTEERING - At the heart of the CAAN service is its volunteers, in their roles of admin
support. advisers, receptionists and trustees. CAAN has undertaken initiatives in 2022-23 to increase
volunteering in an effort to achieve pre-covid levels.
FINANCE Annual income remained steady and new opportunities were availed of to support
clienls financially impacted by Cost of Living Crisis in terms of financial support through statutory
funding.
STAFFING Staff support and development was a priority through the Cost of Living challenges;
staff adapted to increased client demands for charitable support and full wraparound advice.
Principal Funding Source
Antrim and Newtownabbey Borough Council is the main core funder under a three years
commissioning arrangement. All expenditure is vouched and accounted for on a quarterly basis.
CAAN also receives funding from a range of other sources.

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) fcontinued)
Year ended 31 March 2023
Financial review
The Board strictly manage the areas of funding in relation to restricted and unrestricted funds.
Restricted funds are set aside for a specific purpose.
ReseNes Policy
Unrestricted Reserves
The Trustee Board believes that Community Advice Antrim & Newtownabbey should hold financial
reserves in order to ensure that CAAN can continue to operate and meet the needs of clients in the
event of unforeseen and potentially financially damaging circumstances arising.
The Trustee Board considers that it would be prudent to set aside an amount equivalent to a minimum
of three months budgeted running costs. In addition, unrestricted funds are designated for equipment
reserve, contractual commitment reserve. premises reserve and development reserve.
The total unrestricted reserves as at 31 March 2023 are £295,505{2022= £303,020).
Restricted Reserves
These funds are restricted by the donor or funder and cannot be used for the general purposes of the
service. Their existence, and the sums of money therein. do not imply that there has been an under
spend but may result from a variety of circumstances including depreciation charges and timing
dIfferen￿S between CAAN'S financial year and the funding year of the project concerned. The total
restricted reseNes for the year ended 31 March 2023 are £10,223(2022'.£15.233).
Plans for future periods
Communty Advice Antrim & Newiownabbey will continue with the activities outlined above in the
forthcoming years subject to satlsfactory funding arrangements being available. We will continue to be
available to expand our services, subject to satisfactory funding arrangements being available. We are
actively assessing the medium and longer term implications of the changes arising from Covid.
Trustees. responsibilities statement
The trustees, who are also directors for the purposes of company law, are responsible for preparing
the trustees, report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the charity trustees to prepare financial ststements for each year which give a
true and fair view of the state of affairs of the charitable company and the incoming resources and
application of resources. including the income and expenditure, for that period.

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
In preparing these financial statements, the trustees are required to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the applicable Charities SORP.,
make judgments and accounting estimates that are reasonable and prudent-
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charity's transactions and disclose with reasonable accuracy at any time the financial
position of the charity and enable them to ensure that the financial statements comply with the
Companies Act 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.
Auditor
Each of the persons who is a trustee at the date of approval of this report confimis that..
so far as they are aware, there is no relevant audit information of which the charity's auditor is
unaware" and
they have taken all steps that they ought to have taken as a trustee to make themselves aware of
any relevant audit information and to establish that the charlty's auditor is aware of that
information.
The trustees, annual report and the strategic report were approved on 24 October 2023 and signed on
behalf of the board of trustees by:
damson
Charity Secretary

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Independent Auditor's Report to the Members of Community Advice Antrim &
Newtownabbey Ltd
Year ended 31 March 2023
Opinion
We have audited the financial statements of Community Advice Antrim & Newtownabbey Ltd (the
'charity') for the year ended 31 March 2023 which comprise the statement of financial activities
(including income and expenditure account), statement of financial position, statement of cash flows
and the related notes. 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 FRS 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland (United Kingdom Generally Accepted Accounting practi￿).
In our opinion the financial statements:
give a true and fair view of the state of the charty's affairs as at 31 March 2023 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.,
have been prepared in accordance with the requirements 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 those standards are further described in the auditols
responsibilities for the audit of the financial statements seclion of our report. We are independent of
the charity in accordance with the ethical requirements that are relevant to our audit of the financial
statements 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 auditing the financial statements, we have concluded that the trustees. use of the going concern
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to
events or conditions that, individually or collectively, may cast significant doubt on the charity's ability
to continue as a going concern for a period of at least ￿e1ve months from when the financial
statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going conGern are described
in the relevant sections of this report.

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Independent Auditor's Report to the Members of Community Advice Antrim &
Newtownabbey Ltd (continued)
Year ended 31 March 2023
Other information
The other information comprises the information included in the annual report, other than the financial
statements and our auditor's report thereon. The trustees are responsible for the other information.
Our opinion on the financial statements does not cover the other information and, except to the extent
otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other
information and, in doing so, Gonsider whether the other information is materially inconsistent with the
financial statements 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 determine whether there is a material misstatement in the financial statements or a
material misstalement of the other information. If, based on the work we have performed. we conclude
that there is a material misststement of this other information, 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 the audit=
the information given in the trustees, report for the financial year for which the financial
statements are prepared is consistent with the financial statements., and
the trustees, report has been prepared in accordance with applicable legal requirements.
Matters on which we are requlred to report by exception
In the light of the knowledge and understanding of the Charity and its environment obtained in the
course of the audit, we have not identified material misstatemenls in the trustees, report.
We have nothing to 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 financial statements 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.

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Independent Auditor's Report to the Members of Community Advice Antrim &
Newtownabbey Ltd (continuedj
Year ended 31 March 2023
Responsibilities of trustees
As explained more fully in the trustees, responsibilities statement, the trustees (who are also the
directors for Ihe purposes of company law) are responsible for the preparation of the financial
statements 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 preparation of financial statements that are free
from material misstatement, whether due to fraud or error.
In preparing the financial statements, 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 Charity or to cease
operations, or have no realistic alternative but to do so.

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Independent Auditor's Report to the Members of Community Advice Antrim &
Newtownabbey Ltd (contlnued)
Year ended 31 March 2023
Auditorfs responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements 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 financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect
of irregularities, including fraud. The extent to which our procedures are capable of detecting
irregularities, including fraud is detailed below..
In identifying and assessing risks of material misstatement in respect of irregularities, including fraud
and non-compliance with laws and regulations, we considered the following-
the nature of the industry and sector. control environment and business performance including the
design of the remuneration policies, key drivers for directors, remuneration, bonus levels and
performance targets.,
results of our enquiries of management about their own identification and assessment of the risks
of irregularities-
any matters we identified having obtsined and reviewed documentalion of their policies and
procedures relating to..
identifying. evaluating and complying with laws and regulations and whether
management were aware of any instances of non-compliance".
detecting and responding to the risks of fraud and whether management have knowledge
of any actual, suspected or alleged fraud.,
the internal controls established to mitigate risks of fraud or non-compliance with laws
and regulations.
the matters discussed among the audit engagement team including significant Component audit
teams and relevant internal specialists, including tax and valuations specialists regarding how and
where fraud might occur in the financial statements and any potential indicators of fraud.
As a result of these procedures. we considered the opportunities and incentives that may exist within
the organisation for fraud and identified the greatest potential for fraud. In common with all audits
under ISAS {UK), we are also required to perfomi specific procedures to respond to the risk of
management override.
We also obtained an understanding of the legal and regulatory frameworks in operation, focusing on
provisions of those laws and regulations that had a direct effect on the determination of material
amounts and disclosures in the financial statements. The key laws and regulations we considered in
this context included ongoing compliance with the UK Companies Act and tax legislation.
In addition, we considered provisions of other laws and regulations that do not have a direct effect on
the financial statements but compliance with which may be fundamental for their ability to operate or to
avoid a material penalty.
10

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Independent Auditor's Report to the Members of Community Advice Antrim &
Newtownabbey Ltd (conunued)
Year ended 31 March 2023
As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain
professional scepticism throughout the audit. We also..
Identify and assess the risks of material misstatement of the financial statements, whether due to
fraud or error, design and perform audit procedures responsive to those risks, and oblain audit
evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not
detecting a material misstatement resulting from fraud is higher than for one resulting from error,
as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override
of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness of the internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the trustees.
Conclude on the appropriateness of the trustees, use of the going concern basis of accounting
and, based on the audit evidence obtained, whether a material uncertainty exists related to
events or conditions that may cast significant doubt on the charity's ability to continue as a going
concem. If we conclude that a material uncertainty exists, we are required to draw attention in
our auditorfs report to the related ijisclosures in the financial statements or, if such disclosures
are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained
up to the date of our auditor's report. However, future events or conditions may cause the charity
to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the financial statements, including the
disclosures, and whether the financial statements represent the underlying transactions and
events in a manner that achieves fair presentation.
11

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Independent Auditor's Report to the Members of Community Advice Antrim &
Newtownabbey Ltd (continued)
Year ended 31 March 2023
We communicate with those Charged with governance regarding, among other matters, the planned
scope and timing of the audit and significant audit findings, including any significant deficiencies in
internal control that we identify during our audit.
Use of our report
This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we might stale to the
charity's members those matters we are required to state to them in an auditols report and for no
other purpose. To the fullest extent permitted by law. we do not accept or assume responsibilty to
anyone other than the charity and the charity's members as a body, for our audit work, for this report,
or for the opinions we have fomied.
Paul Dolan FCA {Senior Stalulory Auditor)
For and on behalf of
Finegan Gibson Ltd
Chartered accountants & statutory auditor
Causeway Tower
9 James Street South
Belfast
BT2 8DN
24 October 2023
12

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2023
2023
Restricted
funds Total funds Total funds
2022
Unrestricted
funds
Noto
Income and endowments
Donations and legacies
Charitable activities
Investment income
945
8,350
94
945
783,513
94
545
715,325
775,163
Total income
9,389
775,163
784,552
715,870
Expenditure
Expenditure on charitable activities
Total expenditure
16,904
780,173
797,OTI
728,686
16,904
780,173
797,077
728,686
Net expenditure and net movement in
funds
(7,515)
{5,010)
(12,525)
(12,816)
Reconciliation of funds
Total funds brought forward
Total funds carried fonNard
303,020
15,233
318,253
331,069
295.505
10,223
305,728
318,253
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 pages 16 to 25 form part of these tlnancial statements.
13

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Statement of Financial Position
31 March 2023
2023
2022
Note
Fixed assets
Tangible fixed assets
14
4,909
9,726
Current assets
Debtors
Cash at bank and in hand
15
15,941
290,474
31,739
282,629
306,415
314,368
Creditors: amounts falling due within one year
Net current assets
16
5,596
300,819
5,841
308,527
318,253
Total assets less current liabilities
305.728
Net assets
305,728
318,253
Funds of the charity
Restricted funds
Unrestricted funds
10.223
295,505
305,728
15,233
303,020
Totsl charity funds
18
318.253
These financial statements were approved by the board of trustees and authorised for issue on 24
October 2023, and are signed on behalf of the board by-.
G Haire
Trustee
The notes on pages 16 to 25 form part of these financial statements.
14

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2023
2023
2022
Cash flows from operating activities
Net expenditure
{12,525)
(12,816>
Adjustments for
Depreciation of tangible fixed assets
Other interest receivable and similar income
Accrued expenses
6,327
{94)
636
9,399
3,087
Changes in..
Trade and other debtors
Trade and other creditors
15,798
(881)
9,261
(8,392)
2,193
Cash generated from operations
(6.529)
Interest received
Net cash froml(used in) operating activities
9,355
(6,5291
Cash flows from investing activities
Purchase of tangible assets
Net cash used in investing activities
{1,510)
(1,510)
{5,885)
(5,885)
Net increasel{decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
7,845
282,629
(12.414)
295.043
290,474
282,629
The notes on pages 16 to 25 fomi part of those financlal statements.
15

Community Advice Antrim & Newtownabbey 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 England and Wales. The address of the registered
office is Dunanney Centre, Rathmullan Drive, Rathcoole, Newtownabbey, Co Antrim, BT37 9DQ.
ststement 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 to Charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (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 uncertainty
The preparation of the financial statements requires management to make judgements,estimates
and assumptions that affect the amounts reported. These estimates and judgements are
continually reviewed and are based on experience and other factors, including expectations of
future events that 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.
16

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Notes to the Financial Ststements (continued)
Year ended 31 March 2023
Accounting policies (¢ontlnued)
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 categories 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 contribution of general volunteers.
income from contracts 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 to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
be￿een the activilies they contribute to on a reasonable, j ustifiable and consistent basis.
Tanglble 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 at the date of revaluation less any subsequent
accumulated depreciation and Subsequent accumulated impaimient losses.
17

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 31 March 2023
Accounting policies (contlnuedj
Tangible assets (continued)
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,
except 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-
Freehold property
Equipment
% straight line
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￿enerating unit is the smallest
identtfiable group of assets that includes the asset and generates cash inflows that largely
independent of the cash inflows from other assets or groups of assets.
For impairment tesling of goodwill, the goodwill acquired in a business combination is. from the
acquisition date, allocated to each of the cash-generating units 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.
Limited by guarantee
The company is limited by guarantee and has no share capital. and is govemed by its registered
Memorandum and Articles of Association.
18

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Notes to the Financial Statements (Continued)
Year ended 31 March 2023
Donations and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Donations
Donations
945
945
545
545
Charitable activities
Unrestricled
Funds
Restricted Total Funds
Funds
2023
Antrim and Newiownabbey Council
Antrim and Newtownabbey Council- COVID Grants
Antrim and Newtownabbey Council - Welfare Reform
and Appeals
Antrim and Newtownabbey Council - Warm, Well,
Connected
Oasis Care
ANBC Social Supermarket
Public Health Agency
Macmillan Cancer Support
Pensionwise
The Enaklon Foundation
Advice Nl - Money Advice
343,042
343,042
77,469
77,469
6,799
149,987
96,052
62,260
6.799
149,987
96,052
62,260
5,850
2,500
39,554
5,850
2,500
39,554
8,350
775,163
783,513
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Antrim and Newtownabbey Council
Antrim and Newtownabbey Council- COVID Grants
Antrim and Newtownabbey Council - Welfare Reform
and Appeals
Antrim and Newtownabbey Council - Warm, Well.
Connected
Oasis Care
ANBC Social Supermarket
Public Health Agency
Macmillan Cancer Support
Pensionwise
The Enaklon Foundation
Advice Nl - Money Advice
335,344
51,651
335.344
51.651
89,398
89,398
8,600
8,600
92,411
57,746
92,411
57,746
6,750
6,000
67,425
6,750
4,000
2,000
67,425
10,750
704,575
715,325
19

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Bank interest receivable
94
94
Expenditure on charitable activities by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Charitable activities
Support costs
16,904
776,715
3,458
793,619
3,458
797,077
16,904
780,173
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Charitable activities
Support costs
3.161
719,498
6,027
722,659
6.027
3,161
725.525
728,686
Expenditure on charitable activities by activity type
Activities
undertaken
directly Support costs
Total funds
2023
Total fund
2022
Charitable activities
Governance costs
793,619
793,619
3,458
722,659
6,027
3,458
3,458
793.619
797,077
728,686
10. Net expenditure
Net expenditure is stated after chargingl(crediting)'.
2023
2022
Depreciation of tangible fixed assets
6,327
9,399
11. Auditors remuneration
2023
2022
Fees payable for the audit of the financial statements
3,314
3,087
20

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Notes to the Financial Statements (contlftuedj
Year ended 31 March 2023
12. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
2023
2022
Wages and salaries
Social security costs
Employer contributions to pension plans
Other employee benefits
526,466
33,066
10,457
2,731
524,377
28,715
12,409
2,717
572,720
568,218
The average head count of employees during the year was 25 (2022.. 251.
No employee received employee benefits of more than £60,000 during the year {2022.' Nil).
Key Management Personnel
Key management personnel include all persons that have authority and responsibility for
planning, directing and controlling the activities of the charity. The total compensation paid to key
management personnel for services provided to the charity was £54,092 (2022.. £56.202)
13. Trustee ￿muneratIon and expenses
No trustee received reimbursement for expenses during the year. (2022.'£Nil)
14. Tangible fixed assets
Freehold
property Equipment
Total
Cost
At 1 April 2022
Additions
Disposals
At 31 March 2023
42,763
219,089
261,852
1,510
1,510
(194.912) (194,912)
25,687
68,450
42,763
Depreciation
At 1 April 2022
Charge for the year
Disposals
At 31 March 2023
42,763
209,363
252,126
6,327
6,327
(194,912) (194,912)
20,778
63,541
42,763
Carrying amount
At 31 March 2023
4,909
4,909
At 31 March 2022
9.726
9,726
21

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
15. Debtors
2023
2022
Other debtors
15,941
31,739
16. Creditors: amounts falling due within one year
2023
2022
Trade creditors
Accruals and deferred income
Other creditors
1,873
3,723
1,441
3,087
1,313
5,596
5,841
17. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation lo defined
contribution plans was £10,457 (2022: £12,409).
18. Analysis of charitable funds
Unrestricted funds
At
1 April 2022
At 31 March
2023
Income Expenditure
General funds
303,020
9.389
(16,904)
295.505
At
1 April 2021
At 31 March
2022
Income Expenditure
General funds
294,886
11,295
(3,161)
303,020
22

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Notes to the Financial Statements (¢ontlnued)
Year ended 31 March 2023
18. Analysis of charitable funds (continued)
Restricted funds
At
1 April 2022
At 31 March
2023
Income Expenditure
Antrim and Newtownabbey
Public Health Agency
Macmillan Cancer Support
Advice Nl - Money Advice
The Enaklon Foundation
Antrim and Newtownabbey - Welfare
Reform and Appeals
Antrim and Newtownabbey - Wami,
Well, Connected
Antrim and Newtownabbey - COVID
Grants
ANBC Social Supermarket
Oasis
343,042
96,052
62,260
39,554
(343,042)
{99,110)
{64,212}
(39,554)
8,037
7,196
4.979
5,244
77,469
(77,469)
149,987
6,799
(149,987)
(6,799)
(780,173)
15,233
775,163
10,223
At
1 April 2021
At 31 March
2022
Income Expenditure
Antrim and Newtownabbey
Public Health Agency
Macmillan Cancer Support
Advice Nl - Money Advice
The Enaklon Foundation
Antrim and Newtownabbey - Welfare
Reform and Appeals
Antrim and Newtownabbey - Warm,
Well, Connected
Antrim and Newtownabbey - COVID
Grants
ANBC Social Supermarket
Oasis
335,344
92,411
57.746
67.425
2.000
(335,344)
(92,411)
(57,746)
167,425)
{2,000)
8.037
7,196
8,037
7,196
89,398
(89,398)
8,600
(8,600)
20,950
51,651
(72.601)
36.183
704.575
(725,525)
15,233
23

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2023
19. Analysis of net assets between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
4,909
5,314
4,909
306,415
(5,596)
305,728
301.101
(5.596)
295,505
10,223
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
9,728
9.726
314,368
(5.841)
318,253
314.368
(5.841)
308.527
9,726
20. Analysis of Changes in net debt
At
At 1 Apr 2022 Cash flows 31 Mar 2023
Cash at bank and in hand
282,629
7,845
290,474
24