FLOURISH NI LIMITED (A Company Limited by Guarantee) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Charity Number: NIC100423 Company Number.. N1624552
FLOURISH NI Charity Number: NIC100423 Company Number: N1624552 FOR THE YEAR ENDED 31ST MARCH 2023 TABLE OF CONTENTS PAGE Trustees Report Independent Examiners Report Statement of Financial Activities Balance sheet Notes to the Accounts 9-12
FLOURISH NI LIMrrED Charlty Number: NIC100423 Company Number: N1624552 Page I Trustees Re ort for the Year Ended 31 March 2023 Introduction The trustees, who are also dirertors of the charity for the purposes of the Companies Act 2006, present their annual report and unaudited financial statements for the year ended 31 March 2023. Charitable objectives and activitles Flourish Nl is dedicated to the support of people whose lives have been impacted by modern slavery or other forms of exploitation, including forced labour. The charities aim is that every individual affected by human trafficking is SUPPOrted towards a brighter future. Public Beneflt In setting the charity objectives and planning activities for the year, the trustees have carefully considered the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the activities have helped to achieve the charity's purposes and provide a benefit to the beneficiaries and the educating the wider public on modern slavery and human trafficking. Revlew of Activitles & Performan Flourish Nl provides long term, tailored, client centred support for survivors of modern slavery. Our work is focused on reducing vulnerability to re-exploitation by supporting survivors to empower themselves to be able to move on to lead safe, independent and resilient lives. Our core work focuses on 3 areas: l. Casework and advocacy; 2. Community activities and 5kills-based courses,. and 3. Therapeutic interventions. Casework & Advocac As with the previous financial year. it has been observed that the cornplexity of the work is increasing as staff are dealing with areas requiring high levels of skill and professionalism. This is predominantly linked to increased immigration challenges and the associated changing legislative environment and difficulties in finding appropriate housing. For those the charity supports we have witnessed these challenges having negative impacts upon mental health. The programme of support offered by Flourish is based upon a strengths-based model using a trauma informed approach. Casework is intensive one to one support which aims to provide pathways to practical stability, navigating systems within the UK, understanding rights and setting both short-and-long term goals, working towards independence for survivors. This year has been challenging for caseworkers as it became clear that many services that clients were entitled to were facing increasing demand, so accessing these services has become more difficult. This has increased caseworkers support time required which has inevitably put more pressures on the charity. We have also seen a sharp increase in referrals which has doubled over the last 3 years.
FLOURISH NI LIMrrED Charlty Number: NIC100423 Company Number: N1624552 Page 2 The charity has continued throughout this financial year to address the gap in support for individuals who are waiting to enter the statutory systemlpre-NRMI. While the mission of Flourish is to provide long term recovery and support for survivors. the charity recognised the need for individuals to be able to access specialist care while waiting to enter the NRM. As the landscape of trafficking within Northern Ireland continues to change. the trustees and management continue to monitor these trends and adapt to meet the needs in the evolving landscape. Other Poli Activities Flourish Nl is part of both local and national networks. Within Northern Ireland. it is a member of the Belfast City Council Migrant Forum and the Department of Justice Engagement Group on Modern Slavery. As part of the latter, the charity can highlight policy issues and operational difficulties at a governmental level. Nationally the charity is a member of the Human Trafficking Foundation and also the Anti-Trafficking Monitoring Group I'ATMG']. which is a small coalition of anti-trafficking charities influencing policy at a national level. Communit activities As a charity we have witnessed the immense benefits to survivors of community activities and we continue to prioritise ways for survivors to spend time together to build confidence. improve general wellbeing and reduce isolation. A weekly drop-in service remains a focal point to providing a safe place for survivors to meet and become involved with various activities such as jewellery makin& calligraphy, floral workshops, exercise and various crafts. A number of survivor led activities were hosted during the year giving clients the opportunity to teach a skill to others. This was both an empowering experience for the client teaching and for those participating. The charity will continue to encourage clients to use their skills in a safe supportive environment. Courses have the additional benefits of providing an opportunity to learn new skills. Some examples of courses that were hosted during the year were beginners sewing classes, an employability course, ESOL English course, feel good with food course, a beginners computer class, and a well-being and resilience course. The charity also facilitated a nail technician course for a group of survivors wanting to enter the workforce and learn a new skill. The course was fully accredited and those attending became certified nail technicians. Flourish Nl is keen to build upon its artivities and course5 a5 the benefits to those attending have been clear. Thera eutic activities Whilst counselling continues to be identified as a need. currently this is provided through referrals to third party services/organisations. As with all services, demand is high and clients can often have long waiting times before being able to avail of much needed mental health support. It is still the desire within the charity to provide counselling as part of the services it offers. For the full financial year, the charity provided weekly art psychotherapy. The art therapy group at Flourish airns to provide a trauma-informed, supportive and consistent space for clients to come and experience the
FLOURISH NI LIMITED Charlty Number: NIC100423 Company Number: N1624552 Page 3 benefits of the creative process. The space is held by an art therapist and aims to be inclusive and accommodate clients at different stages of their journey. The art therapy group can be meaningful for clients on multiple levels. Sewn b Flourish Flourish Nl runs a workshop making Irish linen homeware pleces. The principle behind thi5 15 two-fold,. to provide a creative outlet for survivors to upskill and to learn employability skills where individuals face barriers to employment. It is also to provide a sustainable income stre3m for the charity in the future. The trustees are continuing to monitor the potential for income generated from this source, and will review the legal structure and consider the set-up of a social enterprise if deemed appropriate. Fundraisin and Partnershi Fundraising remains a key source of income for the charity, whether those events that are facilitated by the charity or individuals/groups engaging in activities to fundraise on behalf of the charity. Events that were held during this year were teams/individuals involved in running events, sales of Flourish cookbook, a quiz evening and an afternoon tea. The charity is also incredibly grateful to partner with some social enterprises and businesses. Refuge Chocolate made donations to the charity of £8,500 during this financial year. Klndred of Ireland donate IO% of their profits to the charity each year and EKO make a donation from each backpack that is sold. Review of financlal positlon The financial results for the year to 31 March 2023, showed income of £218,259 {2022: £179,949). Of thi5, £117.48312022- £119,302) was restricted income and £100,77512021: £60,647) was unrestritted income. All income received was from fundraisin& donations or grant income. Expenditure during the same period totalled £213,77012022: £172,203) of which £125,10612022: £139,830) was from restricted funds and £88,66412022'. £32,373) from unrestricted. Total funds carried forward to I" April 2023 were £109.53612022- £105,047), being £Nil (2022: £7,623) restricted and £109,53612022: £97.4241 unrestricted. Reserves Policy A reserves policy is in place that aims to hold between three and six months of unrestricted expenditure, to enable the charity to continue in operation for this time and meet the operational costs of a core team. This is regularly reviewed by the Trustees and has been closely monitored during the ongoing cost of living pressures. which continue to change the landscape of fundraising. At the time of approving the financial statements, the Trustees have considered both the level of reserves held and forecasted income anticipated. concluding that there is a reasonable expectation that adequate resources are held to bolster any uncertainties that may arise and to continue in operation for the foreseeable future.
FLOURISH NI LIMITED Charity Number: NIC100423 Company Number: N1624552 Page 4 Structure Governance and Management Flourish Nl is a company lirnited by guarantee governed by its Memorandum and Articles of Association dated 21st May 2014. It is registered as a charity with the Charity Commission Northern Ireland [NIC 100423]. The directors of the company are also charity trustees for the purposes of charity law and under the company'5 Articles of Association are known as members of the Board. The Board are responsible for the strategic direction and policy of the charity. The Board of appointed trustees run the charity, delegating the day to day running of the organisation to employed members of staff. New member5 are appointed to the board by the existing members at the Annual General Meetin& or the charity May from time to time in a General Meeting increase or reduce the number of members of the board. Member5 of the board meet quarterly to discuss the strategic direction of the charity, the activities of the charity and the uses of its reserves. All members of the board give of their time and expertise on a voluntary basis and receive no remuneration or benefits from the charity- Flourish Nl relies heavily on volunteers giving their time to the organisation. Members of the board are also required to disclose all relevant interests and register same with the board. The board conduct a review of risks to which the charity is exposed and review these risks annually. Where appropriate, systems and procedures are put in place to mitigate these risks. Reference and Administrative Details Charity Number: NIC 100423 Company Number: N1624552 Registered Office: Room 101 City East Business Centre 68-72 Newtownards Road Belfast BT4 IGW Trustees, The trustees who served the charity during the year were: Mrs Elizabeth McKee Miss Sharon Pauley Ms Judith Fox Miss Liz Griffith The Board of Trustees declare that they have approved the above report. th signed on behalf of the Board of Trustees on 29 January 2024 by.. MrsE cKee - Chair
Accounting&Ta Delivering a personal service- because every business is unique Professional. Practical & Proactive with your tax affairs Independent examiner's report to the trustees of Flourish Nl Ltd I report on the accounts of the company for the year ended 31 March 2023, which are set on the following pages. Respective responsibillties of trustees and examiner The trustees (who are the directors of the company for the purposes of company lawl are responsible for the preparation of the accounts. The trustees consider that an audit is not required for the year under section 65121 of the Charities Act (Northern Ireland} 2008 (the Charities Act) and that an independent examination is needed. The charity is required by company law to prepare accrued accounts and l am qUi41ified to undertake the examination by being a qualified member of CIMA. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to.. E'xamine the accounts under section 65 of the Charities Act Jo follow the procedures laid down in the general Directions given by the Charity commis.sion for Northern Ireland undpr section 6519llbl of the Lharitie.s Act To state whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the next statement. Signed.. on behalf of O'Boyle Accounting Name and Position Date.. L,rJiEfrrf Accounting &ToX O'Boyle Accounting & Taxation Ltd 4 Bingham Street. Bangor, Co-Down, BT20-5DW | Phone.102819146 9054 | E-mail.. info@oboyleaccounting.com Website.. vvww.oboyleaccounting.com i Q @oboyleaccounting PROFESSIONAL ADVISOR Directors.. G. O'Boyle. L. Wright, M. O'Boyle. Company registered No. NI601180 Gerry O'Boyle ACMA. Over 30 years experience with small business. kncenced by CIMA to work practice- certificate no. 00466
Accounting&Ta Delivering a personal service- because every business is unique Professional. Practical & Proactive with your tax affairs Independent examiner's statement In connection with my examination, no matter has come to my attention: (l)Which gives me reasonable cause to believe that in any material respect, the requirements: To keep accounting records in accordance with section 386 of the Companies Act 2006 and To prepare accounts which accord with the accounting records, and comply with the accounting requirements of the Companies Act 2006, and Which are conslstent with the methods and principles of the Statement of Recommended Practice." Accounting and Reporting by Charities have not been met or {2)To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed." on behalf of O'Boyle Accounting Name and Position Date.. ..ID+L, D/trY Acwvnting&TaX O'Boyle Accounting & Taxation Ltd 4 Bingham Street Bangor, Co-Down, B T20-5DW | Phone.'102819146 9054 | E-mail.. info@oboyleaccounting com Website.. www.oboyleaccounting.com i Q @oboyleaccounting PROFESSIOPUL Directors". G. O'Boyle. L. Wrigh[ M O'8oyle. Company registered No. Ni601180 Gerry O-Boyle ACMA. Over 30 year5 experience with small business. Licenced by CIMA to work in practice- certificate no. 00466
FLOUR15H NI Charity Number: NICI(hJ423 Company Number. N1624552 Page 7 STATEMENT OF FINANCIAL AcfiviTIES FOR YEAR ENDED 31 MARCH 2023 Unrestrlcted Funds Restrlrted Funds Totsi Totsl Notes 2023 2023 2023 2022 INCOMING RESOURCES Grants and Don3tion5 Fundraising attivities Investrnent income Other incoming resources 78.080 12.781 117,483 195,563 12.781 160,572 8,225 9,911 9,911 11.152 TOTAL INCOMING RESOIJRCES 100,775 117,483 218,259 179,949 RESOURCES EXPENDED Ralsing Funds Charitable activities Other resource5 expended 1,042 73,188 14,434 1,042 125.106 198,294 14,434 164,645 5,218 TOTAL RESOURCES EXPENDED 88,664 125,106 213,770 172,203 NEf INCOME FOR THE YEAR 12,112 7,623 4,489 7,746 NET MOVEMENT IN FUNDS 12,112 17,6231 4A89 7,746 RECONCJLIATION OF FUNDS: Totsl funds brouBht forward at 01.02022 97,424 7,623 105,047 97,301 TOTAL FUNDS CARRIED FORWARD AT 31 MARCH 2023 14 109 536 109 536 The Ststement of Financlal Activities includes all gains and105ses in the year.
FLOURISH NI Charlty Number." NIC100423 Company Number: N162455Z Page 8 BALANCE SHEET AS AT 31 MARCH 2023 Totsl Total Notes 2023 2022 FIXED ASSETS Equipment io CURRENT ASSETS Debtors Cash at bank and in hand li 49.941 88.333 28,219 90,719 Total current assets 138.274 118,938 CREDITOR&. Amounts falling due within one year 28.739 13,891 NET CURRENT Ass5 109,536 105.047 NET ASSETS FUNDS OF THE CHARITY Unrestricted Funds Restrlcted Income Funds 14 13 109.536 97,424 7,623 TOTAL FUNDS 109 536 These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with the FRS102 SORP The members have not required the company to obtsin an audit In accordance with section 476 of the Companles Act 2W6. Thesè financial statements were approved by the Board of Trustees on 29th January 2024 and signed on their behalf by.. Mrs E McKee Trustee
FLOURISH NI Charlty Number: NIC100423 Company Number: N1624552 Page 9 NOTES TO THE FINANCIALSTATEMENTS YEAR ENDED 31 MARCH 2023 ACCOUNTING POLICIES General Flourish is a private company limitsd by guarantee, registered in Northern Ireland and a registered charlty in Northern Ireland. In the event that the charity is wound up, the liability in pSeCt of the guarantee is £nil per member of the charity. The financial statements have been prepared in accordance with the Statement of Recommended Practice.. Actounting and Reporting by Charities preapring their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 102115econd editSonl, the Financial Reporting Stsndard Flourish Nl meets the definition of a public benefit entity LSnder FRS 102. The financial ststements are prepared under the historical cost convention. The financial statements are presented in sterling. lrtcome Income represents donations and grants received, fvndraisin8 income and trading income. Income is recognised when the charity has entltlement to the fund5, any condition5 of the income have been met and it is probable that the Income will be received and the amount can be measured reliably. Income from hJndralsin81s retO8nised on completion of thè event. Income from trading actlvltles Is togniSed in the period the sale took place. Interest receivable Interest on funds held on deposit 15 included when earned and the amount can be measured reliably by the charity. Fund Attountin Unrestritted funds comprise accumulated surpluses and deficits on general funds. These are available for use at the discretion of the trustees in furtherance of the charity's objectives. Restrltted funds are Subject to specific restrictlons as imposed by each individual donorlfvnder. Ex endlture Expenditure is reeo8nised once there is a legal or constructive obligation to a third P3Tty, it is probable that settlement will be required and that the amount of the obligation can be measured reliably. Fundralsing Costs are those costs which are directly 3ttributsble to the related fundraising income. Charitable expendittjre are those costs inCUrd by the charlty dlrectly attributable in the delivery of its activitles and dlrectly attributsble to the bene)Iciaries. Governance and support costs comprlses costs of an indirect nature but whlch directly support the charitable expenditure of the charity. Governante costs a those costs which are requId to meet the Constitutional and 5tstutory requirements ofthe Charity. Irrecoverable VAT The Charity is not registered for VAT and therefore irrecoverable VAT is included with the cost to which it relates. Tan ible Assets Tangible fixed assets are shown at cost. Assets with a purchase prlce over £l,OtK) are eapitslised. Depreciation Is calculatèd to write down the original cost of tsngible fixed assets to their expected residual values over their estimated useful lives as follows.. Equipment- computers 25% straight line Debtors Debtors are recognised at the amount due. Prepayments are valued at the amount prepaid. Cash at Bank and in hand Cash at bank and in hand includes cash and monies held in a deposit accoLtnt. CredFtors Creditor5 and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a thrid party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recogni5ed at their settlement amount.
FLOURI HNI Charlty Number: NICILW23 Company Number: N1624552 Page 10 NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2023 Penslon Contrlbutlons The charity operates a defined tontribution pension scheme. Contrlbutlons payable to the charity's pen51on scheme are charged to the Statement of Financial Activities in the period to which they relate. Goln Concem The financial ststements have been prepared on a going concern basls as the trustees believe that the charity will continue to operate for 12 months from authori51ng these financial statements Taxatlon Flourish15 a registered charlty and therefore, Is not liable to Income tax or corporation tsx on income or gains derived from Its charitable activltles, as they fall wlthln the various exemptlons available to reBistered charities. Unrestrkned Funds Restrlcted Funds 2023 Totsl Totsl 2023 2023 2022 Donatlons Glfts and donatlons Grants from foundations and trusts 69.239 8,841 69,239 117,483 126,324 117 483 195 $63 37,676 141,266 178 942 Fundralslng Actlvltles Fundraisin8 12,781 12,781 17,491 Other In¢omlni resources Tradlng Income 9,911 9,911 3,084 stsff costs Wages and salarles Social Securlty costs Other penslon costs 20,059 704 598 86,447 106,506 4,182 4,886 4,656 5,254 95 285 116 646 96,966 2,816 3,410 103 192 The average nurnber of monthly employees durlng the year was 5. No employee earned In excess of £60,000. Trustee reMneraon and felated partles No trustee received remuneration wlth regard to belnB a trustee in the year 2023. There were no lated party transactions In thls or the precedln8 financial year. ExpendSture on rglsln8 fund5 Unrestrfrted Funds Restrlcted Funds 1023 Totsl Tot•1 2023 2023 2022 Fundralslng costs 1,042 1,042 1,042 1,042 2,340
FLOURISH NI Charfty Number: NIC113 Company Number: N1624552 Page 11 NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2023 Expendlture on Charltsble A¢iivltles Courses Activities Small grants Therapies Interpretbng Staff salaries Trainlng and superv151on Travel Telephone Office rent Computer and websSte costs Subscrlptlons Stationery, prlntlng and postage 3,870 3,529 3.829 4,400 3,884 1,120 6.250 8,270 7,413 4,949 6,250 3,223 95,285 116.646 2,3(M) 4,095 3,728 8,7 1.561 27,130 4,751 2,231 2CM) 3,720 3,595 14,064 1,290 4,929 103,192 915 2,302 3,223 21,361 1,795 4.279 781 19,971 4,751 2,231 7.159 24.$84 1.459 200 540 Support costs 3.569 3,569 2,511 73,188 125,106 198,294 164,645 ExpendSture on Governance and Support costs ststlonery, prlntln8 and postaBe Insurance Bank and other fees Merchandise Office costs Accountsnts fees 488 689 1,059 IcK> 1,106 127 725 689 1,059 100 1,106 127 760 126 211 TANGIBLE FIXEDASSErs Computers Totsl Cost At l Aprll 2022 AddStion5 Dlsposals 1,590 1,590 At 31 March 2023 Dèpreclatlon At l Aprll 2022 Charge for the year Eliminated on disposal 1,590 1,590 At 31 March Z023 Net Book Value At 31 March 2023 Al 31 March 2022 2023 2022 li DEBTORS Other debtors 2023 2022 12 CREDITORS.. Amounts falllng due wlthln one year Accrua15 and deferred income
FLOURISH NI Charity Number: NIC100423 Company Number: N1624552 Page 12 NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED al MARCH 2023 ANALYSIS OF MOVEMENT IN RESTRICTED FUNDS Brought forward In¢ome Expendlture 15.0001 13,0001 14,¢JOOI 11201 14,6231 125,2311 143,4461 18841 116,(X)01 11,0001 15,0001 11,8021 115,0001 125 106 Carrled Forward Belfast City Airport Belfast Clty Council Belfast Harbour Commissioners Fund for Human Need Halifax Foundation LFfTrust Minority Ethnic Development Fund Public Health Agency Rank Foundation Red Cr055 TEO Cri515 Fund St James Place TackllngTextiles Fund United Nations 3,000 120 4,623 25,231 43,446 16,OCKJ 1,802 Is,cMJo Description. nature and purpose of fund Belfast City Alrport Grant for therapeutic activities Belfast Clty Coun¢ll Grant for therapeutic activlties Belfast Harbour Commlssloners Grant for therapeutic activities Fund for Human Need Direct fin3ncial support for cllents Halifajt Foundation Grant towards well being actlvities LFT Trust Grant for caseworker salary and overheads Mlnorlty Ethnic De¥elopmÈnt Fund Grant for salaiies and overhead Publlc Health Agency Grant towards well being workshops Rank Foundation Salafies and training Red Cross TEO Crisis Fund Direct fjnancial support for destitute clients St James Place Grant towards salary costs Tackling Textiles Fund Grant to cover activitie5 United Nations Grant to cover salaries aftd overhead ANALYSIS OF NET ASSETS BY FUND General Funds Restricted Funds Total 2022 Tanssble a55ets Cutrent Assets Current Liabilities 138,275 28.739 138,275 28,739