2025-03-31-accounts - Community Advice Antrim & Newtownabbey Ltd

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COMPANY REGISTRATION NUMBER: NI032847 CHARITY REGISTRATION NUMBER: 100420

Community Advice Antrim & Newtownabbey Ltd Company Limited by Guarantee Financial Statements 31 March 2025

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 2025

	Page
Trustees' annual report (incorporating the director's report)	1
Independent auditor's report to the members	7
Statement offinancial activities (including income and
expenditure account)	13
Statement offinancial position	14
Statement of cash flows	15
Notestothefinancialstatements	16

Community Advice Antrim & Newtownabbey Ltd

Company Limited by Guarantee

Trustees’ Annual Report (Incorporating the Director's Report)

Year ended 31 March 2025

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 2025.

Reference and administrative details

Registered charity name	Community Advice Antrim & Newtownabbey Ltd
Charity registration number	100420
Company registration number	NI032847
Principal office and registered	Dunanney Centre
office	Rathmullan Drive
	Rathcoole
	Newtownabbey
	Co Antrim
	BT37 9DQ
The trustees
	J Casey
	D Crawford
	L Dawson
	C Gilmore
	G Haire
	D Patterson
	L Rea
	R Wiseman
Company secretary	LAdamson
Auditor	Finegan Gibson Ltd
	Chartered accountants & statutory auditor
	Causeway Tower
	9 James Street South
	Belfast
	BT28DN

Community Advice Antrim & Newtownabbey Ltd

Company Limited by Guarantee Trustees’ Annual Report (Incorporating the Director's Report) (continueg)

Year ended 31 March 2025

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 maintained as per the NI 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 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 benefits from the charity.

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 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:

eLack of knowledge of their rights and responsibilities eLack 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 society. Opposed to all forms of discrimination «Committed to equal opportunities.

Community Advice Antrim & Newtownabbey Ltd

Company Limited by Guarantee

Trustees’ Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2025

Achievements and performance

We provide a comprehensive range of services to our clients. Through the provision of our holistic wraparound advice service, including income maximisation, CAAN dealt with over 39k enquiries for the year ended 31 March 2025 and generated £8 million income for clients. In addition to our core advice services we have continued to deliver projects, including Specialist Money Advice/Debt, Macmillan Benefits Service, Welfare Reform Support, Advice4Health, Social Supermarket and Cost of Living support.

Cost 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 to Universal Credit

Principle 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

Community Advice Antrim & Newtownabbey Ltd

Company Limited by Guarantee

Trustees’ Annual Report (Incorporating the Director's Report) (continue)

Year ended 31 March 2025

Financial review

During the period, the charity had total income of £818,929 and total expenditure of £821,988, resulting in a deficit in the year of £3,059. The total funds of the charity were £303,618, with £9,676 held for restricted purposes and not available for general purposes of the charity at the end of the financial period. The Board strictly manage the areas of funding in relation to restricted and unrestricted funds.

Going Concern

After making appropriate enquires, the Trustee Board have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Principle 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 CAAN are as follows:

CAAN needs to close or reduce resources and/or services due to financial difficulties or insolvency, Projects have a material negative impact on the financial stability of CAAN due to withdrawal of funding and/or ability to meet funder requirements, eLack of/ inadequacy of financial reporting to Trustees leads to inability to act in time in face of threats/opportunities.

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

eRealistic costing for funding bids

*At least quarterly financial reporting to Trustees, including restricted projects eMonitor Projects on quarterly basis eAnnual Budgets agreed by Trustees

Reserves 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 of £205,497. The charity in the year had free reserves available of £292,832. 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

Community Advice Antrim & Newtownabbey Ltd

Company Limited by Guarantee

Trustees’ Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2025

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 project concerned.

Plans for future periods

Community Advice Antrim & Newtownabbey will continue 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 satisfactory 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 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.

In preparing these financial statements, the trustees are required to:

° select suitable accounting policies and then apply them consistently;
e observe the methods and principles in the applicable Charities SORP;
e make judgments and accounting estimates that are reasonable and prudent;
e 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 confirms that:

e 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 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) (continued)

Year ended 31 March 2025

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The trustees’ annual report was approved on 18 November 2025 and signed on behalf of the board of trustees by:

Mr lain Patterson

Trustee

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 2025

Opinion

We have audited the financial statements of Community Advice Antrim & Newtownabbey Ltd (the ‘charity') for the year ended 31 March 2025 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 Practice).

In our opinion the financial statements:

° give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
e 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 auditor's responsibilities for the audit of the financial statements section 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 twelve months from when the financial statements are authorised 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 (continueg)

Year ended 31 March 2025

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, consider 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 misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement 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:

e 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
e the trustees’ report has been prepared in accordance with applicable legal requirements.

Matters on which we are required 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 misstatements 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:

e adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
e 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
e we have not received all the information and explanations we require for our audit; or
e the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the directors' report and from the requirement to prepare a strategic 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 2025

Responsibilities of trustees

As explained more fully in the trustees' responsibilities statement, the trustees (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 preparation of financial statements that are free from material misstatement, whether due to fraud or error.

Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing (UK). Those standards require us to comply with the Financial Reporting Council's (FRC's) Ethical Standard for Auditors’, in the circumstances set out in note 21 to the financial statements.

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 (continued)

Year ended 31 March 2025

Auditor's 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 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 to the risks of fraud and whether management have knowledge of any actual, suspected or alleged fraud;
e 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 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 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.

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 2025

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.
e 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 concern. If we conclude that a material uncertainty 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, future events or conditions may cause the charity to cease to continue as a going concern.
e 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.

Community Advice Antrim & Newtownabbey Ltd

Company Limited by Guarantee

Independent Auditor's Report to the Members of Community Advice Antrim & Newtownabbey Ltd (continuea)

Year ended 31 March 2025

eee

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 state to 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 permitted 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 & statutory auditor Causeway Tower 9 James Street South Belfast BT2 8DN

18 November 2025

Community Advice Antrim & Newtownabbey Ltd

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 March 2025 aNaere ea

			2025		2024
		Unrestricted	Restricted
		funds	funds	Totalfunds	Total funds
	Note	£	£	£	£
Income and endowments
Donations and legacies	5	1,310	-	1,310	1,120
Charitable activities	6	5,698	811,118	816,816	855,479
Investment income	7	803	-	803	239
Total income		7,811	811,118	818,929	856,838
Expenditure
Expenditure on charitable activities	8,9	1,020	820,968	821,988	855,889
Total expenditure		1,020	820,968	821,988	855,889
Net (expenditure)/income		6,791	(9,850)	(3,059)	949
Transfers between funds		(5,696)	5,696	-	-
Net movement in funds		1,095	(4,154)	(3,059)	949
Reconciliation of funds
Total funds broughtforward		292,847	13,830	306,677	305,728
Totalfundscarriedforward		293,942	9,676	303,618	306,677

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 statements.

Community Advice Antrim & Newtownabbey Ltd

Company Limited by Guarantee

Statement of Financial Position

31 March 2025

et

==> picture [406 x 229] intentionally omitted <==

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |2025|2024| |Note|£|2| |Fixed|assets| |Tangible|fixed|assets|15|1,110|2,120| |Current|assets| |Debtors|16|20,194|33,112| |Cash|at|bank and|in|hand|292,410|278,990| |312,604|312,102| |Creditors:|amounts|falling|due|within|one|year|17|10,096|7,945| |Net|current|assets|302,508|304,557| |Total|assets|less|current|liabilities|303,618|306,677| |Net|assets|303,618|306,677| |Funds|of the|charity| |Restricted|funds|9,676|13,830| |Unrestricted|funds|293,942|292,847| |Total|charity funds|19|303,618|306,677|

----- End of picture text -----

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 18 November 2025, and are signed on behalf of the board by:

Mr lain Patterson Trustee

The notes on pages 16 to 24 form part of these financial statements. eeee eee

Community Advice Antrim & Newtownabbey Ltd

Company Limited by Guarantee

Statement of Cash Flows

Year ended 31 March 2025

==> picture [408 x 289] intentionally omitted <==

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |2025|2024| |£|gE| |Cash|flows|from|operating|activities| |Net|(expenditure)/income|(3,059)|949| |Adjustments|for:| |Depreciation|of tangible|fixed|assets|2,285|2,789| |Other|interest|receivable|and|similar|income|(803)|(239)| |Accrued|expenses/(income)|342|(285)| |Changes|in:| |Trade|and|other|debtors|12,918|(17,171)| |Trade|and|other|creditors|2,209|2,234| |Cash|generated|from|operations|13,892|(11,723)| |Interest|received|803|239| |Net|cash|from/(used|in)|operating|activities|14,695|(11,484)| |Cash|flows|from|investing|activities| |Purchase|of tangible|assets|(1,275)|-| |Net|cash|used|in|investing|activities|(1,275)|-| |Net|increase/(decrease)|in|cash|and|cash|equivalents|13,420|(11,484)| |Cash|and|cash|equivalents|at|beginning|of year|278,990|290,474| |Cash|and|cash|equivalents|at end|of year|292,410|278,990|

----- End of picture text -----

The notes on pages 16 to 24 form part of these financial statements.

Oe

Community Advice Antrim & Newtownabbey Ltd

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2025

1. 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 Dunanney Centre, Rathmullan Drive, Rathcoole, Newtownabbey, Co Antrim, BT37 9DQ.

2. 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 (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 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 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.

Community Advice Antrim & Newtownabbey Ltd

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

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 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 between the activities they contribute to on a reasonable, justifiable and consistent basis.

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 at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Community Advice Antrim & Newtownabbey Ltd

Company Limited by Guarantee Notes to the Financial Statements (continueq)

Year ended 31 March 2025 =

3. Accounting policies (continued)

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:

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 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 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.

Defined contribution plans

Contributions to 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 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

The company is limited by guarantee and has no share capital, and is governed by its registered Memorandum and Articles of Association.

Eee

Community Advice Antrim & Newtownabbey Ltd

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

5.	Donations and legacies
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2025	Funds	2024
		£	£	£	£
	Donations
	Donations	1,310	1,310	1,120	1,120
6.	Charitable activities
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2025
			£	£	£
	Antrim and Newtownabbey Council		-	317,774	317,774
	Antrim and Newtownabbey Council - Welfare Reform
	and Appeals		-	98,217	98,217
	Oasis Care		-	20,620	20,620
	ANBC Social Supermarket		-	142,000	142,000
	ANBC Hardship fund		-	-	-
	Public Health Agency		-	106,494	106,494
	MacMillan Cancer Support		-	80,551	80,551
	Pensionwise		3,698	-	3,698
	The Enaklon Foundation		2,000	-	2,000
	Advice NI - Money Advice		-	45,462	45,462
			5,698	811,118	816,816
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2024
			£	£	£
	Antrim and Newtownabbey Council		-	322,551	322,551
	Antrim and Newtownabbey Council - Welfare Reform
	and Appeals		-	85,170	85,170
	Oasis Care		-	13,211	13,211
	ANBC Social Supermarket		-	121,977	121,977
	ANBC Hardship fund		-	75,750	75,750
	Public Health Agency		-	99,452	99,452
	MacMillan Cancer Support		-	74,390	74,390
	Pensionwise		4,350	-	4,350
	The Enaklon Foundation		2,000	10,000	12,000
	Advice NI - Money Advice		-	46,628	46,628
			6,350	849,129	855,479

Investment income
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2025	Funds	2024
	£	£	£	£
Bankinterestreceivable	803	803	239	239

Community Advice Antrim & Newtownabbey Ltd

Company Limited by Guarantee

Notes to the Financial Statements (continueq)

Year ended 31 March 2025

8. Expenditure on charitable activities by fund type

==> picture [385 x 152] intentionally omitted <==

----- Start of picture text -----
|||||| |---|---|---|---|---| |Unrestricted|Restricted|Total|Funds| |Funds|Funds|2025| |£|£|£| |Charitable|activities|678|817,368|818,046| |Support|costs|342|3,600|3,942| |1,020|820,968|821,988| |Unrestricted|Restricted|Total|Funds| |Funds|Funds|2024| |£|£|£| |Charitable|activities|10,195|842,132|852,327| |Support|costs|172|3,390|3,562| |10,367|845,522|855,889|

----- End of picture text -----

9. Expenditure on charitable activities by activity type

==> picture [384 x 78] intentionally omitted <==

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |Activities| |undertaken|Total|funds|Total|fund| |directly|Support|costs|2025|2024| |£|£|£|£| |Charitable|activities|818,046|-|818,046|852,327| |Governance|costs|-|3,942|3,942|3,562| |818,046|3,942|821,988|855,889|

----- End of picture text -----

10. Analysis of support costs

==> picture [406 x 183] intentionally omitted <==

----- Start of picture text -----
||||||||||| |---|---|---|---|---|---|---|---|---|---| |Analysis|of| |support|costs|Total|2025|Total|2024| |£|£|£| |Governance|costs|3,942|3,942|3,562| |11.|Net|(expenditure)/income| |Net|(expenditure)/income|is|stated|after|charging/(crediting):| |2025|2024| |£|£| |Depreciation|of tangible|fixed|assets|2,285|2,789| |12.|Auditors|remuneration| |2025|2024| |£|£| |Fees|payable|for|the|audit|of the|financial|statements|3,942|3,562|

----- End of picture text -----

Community Advice Antrim & Newtownabbey Ltd

Company Limited by Guarantee

Notes to the Financial Statements (continuea)

Year ended 31 March 2025

13. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

	2025	2024
	£	£
Wages and salaries	558,481	525,767
Social security costs	34,229	32,146
Employer contributions to pension plans	12,076	11,280
Other employee benefits	3,312	3,908
	608,098	573,101

The average head count of employees during the year was 25 (2024: 25).

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

Key Management Personnel

Key management personne! 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 £56,797 (2024: £52,602)

14. Trustee remuneration and expenses

No trustee received reimbursement for expenses during the year. (2024:E£Nil)

15. Tangible fixed assets

			Equipment
			£
	Cost
	At1 April 2024 Additions		25,687 1,275
	At 31 March 2025		26,962
	Depreciation
	At1 April 2024		23,567
	Charge forthe year		2,285
	At 31 March 2025		25,852
	Carrying amount
	At 31 March 2025		1,110
	At 31 March 2024		2,120
16.	Debtors
		2025	2024
		£	£
	Otherdebtors	20,194	33,112

Community Advice Antrim & Newtownabbey Ltd

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

17. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	-	270
Accruals and deferred income	3,780	3,438
Other creditors	6,316	3,837
	10,096	7,545

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 £12,076 (2024: £11,280).

19. Analysis of charitable funds

Unrestricted funds

			At				At	31 March
		1	April 2024	Income	Expenditure	Transfers		2025
			£	£	£	£		£
General	funds		292,847	7,811	(1,020)	(5,696)		293,942
			At				At	31 March
		1	April 2023	Income	Expenditure	Transfers		2024
			£	£	£	£		£
General	funds		295,505	7,709	(10,367)	-		292,847

Community Advice Antrim & Newtownabbey Ltd

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

aa

Analysis of charitable funds (continued)

Restricted funds
	At				At 31 March
	1 April 2024 £	Income £	Expenditure £	Transfers £	2025 £
Antrim and
Newtownabbey Public HealthAgency	- 4,979	317,774 106,494	(319,276) (106,557)	1,502 -	- 4,916
Macmillan Cancer
Support	834	80,551	(79,920)	-	1,465
Advice NI - Money
Advice Antrim and	1,440	45,462	(44,795)	-	2,107
Newtownabbey -
Welfare Reform and
Appeals	-	98,217	(102,411)	4,194	-
ANBC Social
Supermarket Oasis Enkalon	2,304 930 3,343	142,000 20,620 -	(144,304) (20,362) (3,343)	- - -	- 1,188 -
ANBC Hardship fund	-	-	-	-	~
	13,830	811,118	(820,968)	5,696	9,676
	At				At 31 March
	1 April 2023	Income	Expenditure	Transfers	2024
	£	£	£	£	£
Antrim and
Newtownabbey Public Health Agency	- 4,979	322,551 99,452	(322,551) (99,452)	- ~	- 4,979
Macmillan Cancer
Support	5,244	74,390	(78,800)	-	834
Advice NI - Money
Advice	-	46,628	(45,188)	-	1,440
Antrim and
Newtownabbey -
Welfare Reform and
Appeals ANBC Social	-	85,170	(85,170)	-	-
Supermarket Oasis Enkalon ANBC Hardship fund	- - - -	121,977 13,211 10,000 75,750	(119,673) (12,281) (6,657) (75,750)	- - - -	2,304 930 3,343 -
	10,223	849,129	(845,522)	=	13,830

Transfers have taken place in the year to transfer funds from unrestricted to restricted, to cover any project overspends.

eee

Community Advice Antrim & Newtownabbey Ltd

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

20. Analysis of net assets between funds

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2025
	£	£	£
Tangible fixed assets	-	1,110	1,110
Current assets	304,038	8,566	312,604
Creditors less than 1 year	(10,096)	-	(10,096)
Net assets	293,942	9,676	303,618
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2024
	£	£	£
Tangible fixed assets	-	2,120	2,120
Current assets	296,511	15,591	312,102
Creditors less than 1 year	(7,545)	-	(7,545)
Netassets	288,966	17,711	306,677

21. Ethical standards

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

22. Taxation

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. Contingencies

A contingent liability exists to repay grants and Trust monies received should certain conditions not be fulfilled by the 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. Analysis of changes in net debt

									At
						At1	Apr 2024	Cashflows	31 Mar	2025
							£	£		£
Cash	at	bank	and	in	hand		278,990	13,420	292,410

25. Related parties

The Trustees have considered guidance in relation to related party transactions and believe there are no transactions that require disclosure.