COMPANY REGISTRATION NUMBER: N1032847
CHARITY REGISTRATION NUMBER: 100420
Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Financial Statements
31 March 2024
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 2024
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
The following pages do not form part of the financial statements
Detailed statement of financial activities
26
Notes to the detailed statement of financial activities
27

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 31 March 2024
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 2024.
Reference and admlnlstratlve details
Registered charity name
Community Advice Antrim & Newtownabbey Ltd
Charity registration number
100420
Company reglstratlon number N1032847
Principal office and registered Dunanney Centre
office
Rathmullan Drive
Ralhcoole
Newtownabbey
Co Antrim
BT37 9DQ
The trustees
J Casey
D Crawford
L Dawson
C Gilmore
G Haire
D Patterson
LRea
R Wiseman
(Appointed 27 June 2023)
Company secretary
L Adamson
Audltor
Finegan Gibson Ltd
Chartered accounlanls & statutory audilor
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) {contlnued)
Year ended 31 March 2024
Structure, governance and management
The organisation is a charitable company limited by guarantee and was registered as a charity on
22nd August 1997. It is governed by its core principles and its structure, governance and quality of
advice is audited externally as per the Nl Advice Quality Standard INIAQS).
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 8 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 benefils from the charity.
Objectlves and actlvitSes
Community Advice Antrim & Newtownabbey (CAAN) is a charity in Northern Ireland working against
poverty and meeling the information advice needs of the community, through our core service 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 responsibilities
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 service is..
Committed to a socially just, tolerant and pluralist sociely.
Opposed lo all forms of discrimination
Committed to equal opportunities.
Strateglc 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) (contlnuedj
Year ended 31 March 2024
Achlevements and performance
We provide a comprehensive range of services lo our clients. Through the provision of our holistic
wraparound advice service, including income maximisation, CAAN dealt with over 42k enquiries for
the year ended 31 March 2024 and generated £8.6million income for clients. In addition to our core
advice services we have continued to deliver projects, including Specialist Money AdvicelDebt,
Macmillan Benefits Service, Welfare Reform Support, Advice4Health, Social Supermarket and Cost of
Living support.
cosr OF LIVING CRISIS
CAAN has seen its service delivery evolve in order to effectively support the community through the
challenges of the Cost of Living Crisis. In addition to our holistic advice and advocacy services. this
has included:
Establish partnerships to enhance the provision of charitable support to clients
Delivery of the Social Supermarket for Antrim and Newtownabbey along with hardship funding
support {in partnership with council)
Partnership with Antrim Foodbank to deliver their Financial Inclusion Project
Extensive Cost of Living awareness sessions across the Borough
Supporting and advising clients with the migration lo Universal Credit
PRINCIPAL FUNDING SOURCE
Antrim and Newtownabbey Borough Council is the main core funder under a three year
commissioning arrangement. All expenditure is vouched and accounted for on a quarterly basis.
CAAN also receives funding from a range of other sources
STRUCTURE, GOVERNANCE AND MANAGEMENT
The organisation is a charitable company limited by guarantee and was registered as a charily on
22nd August 1997. It is governed by its core principles and its struclure. governance and quality of
advice is maintained as per the Nl Advice Quality Standard {NIAQS).
CHARITIES REGISTRA TION
The organisation is registered with the Charity Commission for Northern Ireland, NIC100420.
ORGANISA TIONAL 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 lo day responsibility for the
provision of advice services is delegated lo 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 Ihe member5 meet a minimum of 4
times per annum and new members are recruited by public advertisement and selected by interview.
The committee has 8 skilled members and are made up of business. retired, statulory and voluntary

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (¢ontlnued)
Year ended 31 March 2024
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.
GOING CONCERN
After making appropriate enquires, the Trustee Board have a reasonable expectation that the
company has adequate resources to continue in operational exislence for the foreseeable future.
PRINCIPAL RISKS AND UNCER TAINTIES
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 aclion described against each risk
identified. The principal commercial, operational and f inancial risks thal have been identified as having
a serious potential impact on the performance and future prospects or repulation of CAAN 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
threalslopportunities.
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
Al least quarterly financial reporting to Truslees, including restricted projects
Monitor Projects on quarterly basis
Annual Budgets agreed by Trustees
RESER VES 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 Ihree months
budgeted running costs. In addition, unrestricted funds are designated for equipment reserve,
contractual commitment reserve, premises reserve and development reserve.
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
differences between CAAN'S financial year and the funding year of the projecl concerned.

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 31 March 2024
Plans for future periods
Community Advice Antrim & Newtownabbey will conlinue with the activities outlined above in the
forthcoming years subject to satisfactory funding arrangements being available. We will continue to be
available to expand our services, again subject to satisfaclory funding arrangements being available.
We are actively assessing the medium and longer term implications of the post Covid and Cost of
Living environment.
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 statements for each year which give
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.
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 sl8temenls'
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that Ihe charity will conlinue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charity's Iransactions and disclose with reasonable accuracy at any time the financial
Posilion 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 Ihe 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 confirms 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 thal they ought to have taken as a trustee to make themselves aware of
any relevant audit information and to establish that the charity's auditor is aware of that
information.

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 31 March 2024
The trustees, annual report and the strategic report were approved on 25 June 2024 and signed on
behalf of the board of trustees by:
Geraldine Haire

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 2024
OpSnion
We have audited the financial stalements of Community Advice Antrim & Newtownabbey Ltd (the
'charily') for the year ended 31 March 2024 which comprise the statement of financial activities
(including income and expenditure account), stalement of financial position, statement of cash flows
and the related noles, 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 Practice).
In our opinion the financial slatemenls..
give a true and fair view of the state of the charity's affairs as at 31 March 2024 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.
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS IUKI) and
applicable law. Our responsibilities under those standards are further described in the auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of
Ihe charity in accordance wilh the ethical requirements that are relevant to our audil of the financial
slalements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requiremenls. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Concluslons relating to going concern
In aL+diting Ihe financial statements, we have concluded Ihat 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 twelve months from when the financial
statements are aulhorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern 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 (contlnued)
Year ended 31 March 2024
Other Informatlon
The other information comprises the information included in Ihe 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
othe￿iSe 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, consider whether Ihe olher 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
material misstatement of the other information. If, based on the work we have performed, we conclude
Ihat there is a material misstatement of Ihis other information, we are required to report that fact.
We have nothing to report in Ihis regard.
Opinlons on other matters prescrlbed by the Companles 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 whlch 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 misstalements in the trustees, report.
We have nothing to report in respecl 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 audil.

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 2024
Responsibilities of trustees
As explained more fully in the trustees, responsibilities statement, the Irustees (who are also the
directors for the 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 preparalion 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 {contlnuedJ
Year ended 31 March 2024
Auditor's responsibilities for the audit of the financlal 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 Ihe economic decisions of users taken on
the basis of these financial slatements.
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 misslatements 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 obtained and reviewed documentation 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 lo 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 stalements and any potential indicators of fraud.
As a result of these procedures, we considered the opportunities and incentives that m8y 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 lo perform 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 Ihat had a direct effect on the determination of malerial
amounts and disclosures in the financial stalemenls. 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 regulalions 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 (contlnued)
Year ended 31 March 2024
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 obtain 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 Ihe going concern basis of accounting
and, based on Ihe audit evidence obtained, whether a material uncertainly exists related to
events or conditions that may cast significant doubt on the charity's ability to continue as a going
concern. If we conclude that a material uncertainly exists, we are required to draw attention in
our auditor's report to the related disclosures 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, fulure 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
evenls 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 (continuedj
Year ended 31 March 2024
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 Ihe Companies Act 2006. Our audit work has been undertaken so that we might state lo the
charity's members those matters we are required to state to them in an auditor's report and for no
other purpose. To the fullest extent permilted by law, we do not accept or assume responsibility 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 formed.
Paul Dolan FCA (Senior Statutory Auditor)
For and on behalf of
Finegan Gibson Ltd
Chartered accountants & stalutory auditor
Causeway Tower
9 James Street Soulh
Belfast
BT2 8DN
25 June 2024
12

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2024
2024
Restricted
funds Total funds
2023
Unrestricted
funds
Total funds
Note
Income and endowments
Donations and legacies
Charitable activities
Investment income
1,120
6,350
239
1,120
855,479
239
945
783,513
849,129
Total Income
7,709
849,129
856,838
784,552
Expenditure
Expenditure on charilable activities
Total expenditure
10,367
10,367
845,522
855,889
797,077
845,522
855,889
797,077
Net incomel(expenditure) and net
movement in funds
(2,6581
3,607
949
{12,525)
Reconclllatlon of funds
Tolal funds brought forward
Total funds carried forward
295,505
10,223
305,728
318,253
292,847
13,830
306,677
305,728
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 24 form part of these financial statement5.
13

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Statement of Financial Position
31 March 2024
2024
2023
Note
Fixed assets
Tangible fixed assets
15
2,120
4,909
Current assets
Debtors
Cash at bank and in hand
16
33,112
278,990
15,941
290,474
312,102
306,415
Creditors: amounts falling due within one year
Net current assets
17
7,545
5,596
304,557
300,819
Total assets less current IlabllltSes
306,677
305,728
Net assets
306,677
305,728
Funds of the charlty
Restricted funds
Unrestricted funds
13,830
292,847
10,223
295,505
Total charity funds
19
306,677
305,728
These financial statements were approved by the board of trustees and aulhorised for issue on 25
June 2024, and are signed on behalf of the board by..
G Haire
Trustee
The notes on pages 16 to 24 form part of these financial statements.
14

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2024
2024
2023
Cash flows from operating activities
Net incomel(expenditure)
949
{12,525)
Adjustn7enls for..
Deprecialion of tangible fixed assets
Other interest receivable and similar income
Accrued {income)lexpenses
2,789
{239)
{285)
6,327
194)
636
Changes in..
Trade and other debtors
Trade and other creditors
{17,1711
2,234
{11,723)
15,798
(881)
9,261
Cash generated from operations
Interest received
239
94
Net cash (used inllfrom operating aclivities
111,484)
9,355
Cash flows from investing activities
Purchase of tangible assets
Net cash used in investing activities
{1,510)
11,510)
Net (decreasellincrease In cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equlvalents at end of year
{11,484)
290,474
7,845
282,629
278,990
290,474
The notes on pages 16 to 24 form part of these financial statements.
15

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2024
General information
The charily is a public benefit entity and a private company limited by guarantee, registered in
Northern Ireland and a regislered charity in Northern Ireland. The address of the registered office
is Dunanney Centre, Rathmullan Drive, Rathcoole, Newtownabbey, Co Antrim, BT37 9DQ.
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 to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} (Charities
SORP IFRS 102)) and the Companies Act 2006.
Accountlng pollcles
Basls 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.
Golng concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estlmatlon uncertalnty
The prepartion 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 accountlng
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designaled 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 Statements (contlnuedj
Year ended 31 March 2024
Accounting policies (contlnued)
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 receipl is probable and entitlement is established.
income from donaled 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 8 contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as reslricted,
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-charilable tradin9 activities, and the sale of donated goods.
expenditure on charilable 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
atlributable to a single activity are allocated directly to thal activity. Shared costs are apportioned
between the activities they contribute to on a reasonable. justifiable and consistent basis.
Tangible assets
Tangible assels 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 al the fair value al the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
17

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2024
Accounting policies (continuedj
Tangible assets (¢ontlnuedJ
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 offsels 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
/0 Straight line
25 % straight line
Impairment of fixed assets
A review for indicators of impairment is carried oul at each reporting date, with the recoverable
amount being estimaled where such indicators exisl. Where the carrying value exceeds Ihe
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairmenl tesling, 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 thal includes the asset and generates cash inflows that largely
independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units Ihat 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.
Deflned contributlon plans
Contributions lo defined contribution plans are recognised as an expense in the period in which
the related service is provided. Prepaid contributions are recognised as an asset to the extent
that the prepayment will lead to a reduction in future 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, the liabilily 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.
Llmited by guarantee
The company is limited by guarantee and has no share capital, and is governed by its registered
Memorandurn and Articles of Association.
18

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Notes to the Financial Statements (conllnued)
Year ended 31 March 2024
Donations and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Donatlons
Donations
1,120
1,120
945
945
Charitable aclivities
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Antrim 8nd Newtownabbey Council
Antrim and Newtownabbey Council - Welfare Reform
and Appeals
Oasis Care
ANBC Social Supermarkel
ANBC Hardship fund
Public Health Agency
Macmillan Cancer Support
Pensionwise
The Enaklon Foundation
Advice Nl - Money Advice
322,551
322,551
85,170
13,211
121,977
75,750
99,452
74,390
85,170
13,211
121,977
75,750
99,452
74,390
4,350
12,000
46,628
4,350
2,000
10,000
46,628
6,350
849,129
855,479
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Antrim and Newtownabbey Council
Antrim and Newtownabbey Council - Welfare Reform
and Appeals
Oasis Care
ANBC Social Supermarket
ANBC Hardship fund
Public Health Agency
Macmillan Cancer Support
Pensionwise
The Enaklon Foundalion
Advice Nl - Money Advice
343,042
343,042
77,469
6.799
149,987
77,469
6,799
149,987
96,052
62,260
96,052
62,260
5,850
2,500
39,554
5,850
2,500
39,554
8,350
775,163
783,513
Investment Income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank interest receivable
239
239
94
19

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2024
Expenditure on charitable activities by fund type
Unrestricted
Funds
Restricled Total Funds
Funds
2024
Charitable activities
Support costs
10,195
172
842,132
3,390
852,327
3,562
10,367
845,522
855,889
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Charitable activities
Support costs
16,904
776,715
3,458
793,619
3,458
16,904
780,173
797,077
Expendlture on charltable actlvltles by actlvlty type
Activities
undertaken
directly Support cosls
Total funds
2024
Total fund
2023
Charitable activities
Governance costs
852,327
852,327
3,562
793,619
3,458
3,562
852,327
3,562
855,889
797,077
10. Analysls of support costs
Analysis of
support costs
activity 1 Total 2024
Total 2023
Governance costs
3,562
3,562
11. Net Incomel{expendlturel
Net incomel(expenditure) is stated after chargingl(crediting)'.
2024
2023
Depreciation of tangible fixed assets
2,789
6,327
12. Auditors remuneration
2024
2023
Fees payable for the audit of the financial statements
3,562
3,314
20

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 31 March 2024
13. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2024
2023
Wages and salaries
Social security cosls
Employer contributions to pension plans
Other employee benefits
525,767
32,146
11,280
3,908
526,466
33,066
10,457
2,731
573,101
572,720
The average head count of employees during the year was 25 (2023: 25). The average number
of full-time equivalent employees during the year is analysed as follows..
2024
2023
Number of staff - type 1
25
25
No employee received employee benefits of more than £60,000 during the year (2023.. 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 compensalion paid lo key
management personnel for services provided to the charity was £52,60212023: £54,092>
14. Trustee remuneratlon and expenses
No trustee received reimbursement for expenses during the year.12023'.£Nil)
15. Tangible flxed assets
Premises
Equipment
Total
Cost
At 1 April 2023
Disposals
At 31 March 2024
42,763
(42,763}
25,687
68,450
142,763)
25,687
25,687
Depreciation
At 1 April 2023
Charge for the year
Disposals
At 31 March 2024
42,763
20,778
2,789
63,541
2,789
142.763)
23,567
(42,763)
23,567
Carrylng amount
At 31 March 2024
2,120
2,120
At 31 March 2023
4,909
4.909
21

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 31 March 2024
16. Debtors
2024
2023
Other debtors
33,112
15,941
17. Creditors: amounts falling due within one year
2024
2023
Trade creditors
Accruals and deferred income
Other creditors
270
3,438
3,837
1,873
3,723
7,545
5,596
18. Pensions and other post retirement benefits
Deflned contrlbutlon plans
The amount recognised in income or expenditure as an expense in relation to defined
contribution plans was £11,280 (2023: £10,457).
19. Analysis of charitable funds
Unrestrlcted funds
At
31 March 202
At
1 April 2023
Income Expenditure
General funds
295,505
7,70g
(10,3671
292,847
At
31 March 202
At
1 April 2022
Income Expenditure
General funds
303,020
9,389
(16,904)
295,505
22

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Notes to the Financial Statements (¢ontlnued)
Year ended 31 March 2024
19. Analysls of charitable funds (contlnued)
Restricted funds
At
31 March 202
At
1 April 2023
Income Expenditure
Antrim and Newtownabbey
Public Health Agency
Macmillan Cancer Support
Advice Nl - Money Advice
Antrim and Newtownabbey - Welfare
Reform and Appeals
ANBC Social Supermarket
Oasis
Enkalon
ANBC Hardship fund
322,551
99,452
74,390
46,628
(322,551)
(99,4521
(78,8001
(45,1881
4,979
5,244
4,979
834
1,440
85,170
121,977
13,211
10,000
75,750
(85,1701
(119,6731
(12,2811
16,6571
(75,7501
(845,5221
2,304
930
3,343
10,223
849,129
13,830
At
31 March 202
At
1 April 2022
Income Expenditure
Antrim and Newtownabbey
Public Health Agency
Macmillan Cancer Support
Advice Nl - Money Advice
Antrim and Newtownabbey - Welfare
Reform and Appeals
ANBC Social Supermarket
Oasis
Enkalon
ANBC Hardship fund
343,042
96,052
62,260
39,554
(343,0421
(99,110}
(64,212)
(39,554)
8,037
7,196
4,979
5,244
77,469
149,987
6,799
(77,469)
(149,9871
16,7991
15,233
775,163
(780,1731
10,223
23

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Notes to the Financial Statements (¢ontlnuedJ
Year ended 31 March 2024
20. Analysis of net assets between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
2,120
15,591
2,120
312,102
17,545)
306,677
296,511
(7,545)
288,966
17,711
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
4,90g
5,314
4,909
306,415
15,596)
305,728
301,101
(5,596)
295,505
10,223
21. Ethical standards
In common with many other businesses of our size and nature we use our auditors to prepare
and submit relurns to the tax authorities and assist with the preparation of the financial
statements.
22. Taxatlon
The Company is a registered charity, and as such is entitled to tax exemptions on income and
profits in furtherance of the charity's primary objectives.
23. Contlngenclos
A contingent liability exists lo repay grants and Trust monies received should certain conditions
not be fulfilled by Ihe charity. In the opinion of the Trustees. the terms of the Letters of Offers
have been, or will be, complied with and no liability is expected.
24. Analysls of changes In net debt
At
At 1 Apr 2023 Cash flows 31 Mar 2024
Cash at bank and in hand
290,474
111,4841
278,990
24

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Management Information
Year ended 31 March 2024
The following pages do nol form part of the financial statements.
25

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 March 2024
2024
2023
Income and endowments
Donalions and legacies
Donations
1,120
945
Charltable actlvltles
Antrim and Newtownabbey Council
Antrim and Newtownabbey Council - Welfare Reform and Appeals
Oasis Care
ANBC Social Supermarket
ANBC Hardship fund
Public Health Agency
Macmillan Cancer Support
Pensionwise
The Enaklon Foundation
Advice Nl - Money Advice
322,551
85,170
13,211
121,977
75,750
99,452
74,390
4,350
12,000
46,628
343,042
77,469
6,799
149,987
96,052
62,260
5,850
2,500
39,554
855,479
783,513
Investment income
Bank interest receivable
239
Total income
856,838
784,552
26

Community Advice Antrim & Newtownabbey Ltd
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 31 March 2024
2024
2023
Expenditure on charitable actlvltles
Charitable activities
Aclivities undertaken dlrectly
Wages and Salaries
Employer's NIC
Pension costs
Health scheme
Rent
Light and Heat
Subscriptions
Insurance
Other expenditure
Travel
Telephone
Printing, postage, stationary & PR
Depreciation
Volunteer expenses
Bank charges
Repairs and maintenance
General expenses
Staff training
Client support costs
Grant repayment
525,767
32,146
11,280
3,908
30,958
2,679
3,016
6,112
196
2,134
10,962
10,284
2,789
1,676
437
20,885
2,729
3,003
178,175
3,191
526,466
33,066
10,457
2,731
31,320
2,140
3,480
6,842
231
1,884
7,821
4,399
6,327
1,044
424
24,812
1,447
1,728
127,000
852,327
793,619
Governance costs
Governance costs - audit fees
3,562
3,458
Expenditure on charitable activities
855,889
797,077
27