FLOURISH NI LIMITED (A Company Limited by Guarantee) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Charlty Number: NIC100423 Company Number: N1624552 FLOURISH NI Charity Number: NIC100423 Company Number: N1624552 FOR THE YEAR ENDED 31ST MARCH 2024 TABLE OF CONTENTS PAGE Trustees Report Independent Examiners Report Statement of Financial Activities Balance sheet Notes to the Accounts 9-12 FLOURISH NI LIM￿ED Charity Number: NIC100423 Company Number: N1624552 Page I Trustees Re ort for the Year Ended 31 Mar¢h 2024 Introductlon The trustees, who are also director5 of the charity for the purposes of the Companies Act 2LXI6. present their annual report and unaudited financial statements for the year ended 31 March 2024. Charitable objectives and activities Flourish Nl is dedicated to the 5UPPOrt 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. Publlc Beneflt In setting the charlty objectives and plannlng actlvltles 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 Artlvltles & Performance Flourish Nl provides long term, tailored, client centred support for sunlivors 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 Ilves. Our core work focuses on 3 areas: l. Casework and advocacv,. 2. Community activities and ski1Ss-based cour5es' and 3. Therapeutic interventions. Casework & Advocac The aim of our casework and advocacy is to provide specialist, tailored support to enable survivors to move on to lead safe, independent and resilient lives. Our support is not time limited and focuses on the individual's recovery needs. 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 are still witnessing large numbers of referrals to the charity from several referral pathways. To meet the increased demand for its services the charity started a weekly drop-in advice clinic which is run bv experienced caseworkers. This service exists for those on our waiting list to have access to support and for those who have exlted our casework service but required one off 5UPPOrt. FLOURISH NI LIMrrED Charity Number: NIC100423 Company Number: N1624552 Page 2 During the financial year the charity formally partnered with Migrant Help who funded a casework position within Flourish to specifically provide long term support for male survivors with an additional focus on health and well-being activities. 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 5UPPOrt for survivor5. the charity recognised the need for individuals to be able to access speclalist care while waiting to enter the NRM. As the landscape of traffickin8 Wlthin Northern Ireland continues to change. the trustees and management continue to monitor these trends and adapt to meet the needs in the evolvlng 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 En8a8ement Group on Modern Slavery. Durlng this financlal year the charlty was invited to join the Racial Equality Sub￿roUp of The Executlve Office. Nationally the charity is a member of the Human Trafficking Foundation and also the Anti-Trafficking Monitoring Group I'ATMG'I, which is a small coalition of anti-tfafficking charities Influencin8 policy at a natlonal level. Communit actlvities 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 wellbein8 and reduce isolation. A weekly drop-in servlce 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 glvlng 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 wlll continue to encourage cllents to use their skills in a safe supporttve environment. A number of one off events and activities were held throu8hout the year such as cinema trips and farm vlslts. Courses have the additional benefits of providing an opportunity to learn new skllls. Some examples of courses that were hosted during the year were beginners sewing classes, an employability course, feel good with food course, a computer course, 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 will continue to prioritise activities and courses as the benefits to those attending have been clear. FLOURISH NI LIMrrED Charity Number: NIC100423 Company Number: N1624552 Page 3 Thera eutic artivitles Whi15t counselling continues to be identified as a need. currently thi5 15 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. For the full financial year. the charity provided weekly art psychotherapy. The art therapy group at Flourish aims to provide a trauma-informed, supportive and consistent space for clients to come and experience the beneflts of the Creatlve 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 client5 on multiple levels. Fundraisin and Partnershl Fundraising remalns an important source of income for the charity, whether those events that are facilitated by the charity or individualslgroups engagin8 in activities to fundraise on behalf of the charity. Events that were held by the charity were: an afternoon tea and a concert to mark antl-slavery day. The charity Is also Incredlbly grateful to partner with Refuge Chocolate, Kindred of Ireland and EKO who all support the work of the charity financially. Revlew of flnanclal posltlon The financial results for the year to 31 March 2024, showed income of £268,31812023'. £218,259). Of this, £196,28812023- £117,483) was restricted income and £72,03012023.' £100,775) was unrestricted income. All income received was from fundraising. donations or 8rant income. Expenditure during the same period totalled £246,70212023: £213,770) of which £176,30912023: £125,106 was from restrirted funds and £70,393 {2023'. £88,664) from unrestricted. Total funds carried forward to I" April 2024 were £131,15212023: £109,536), being £19,979 {2023.' £Nill restricted and £111,17312023- £109,536) unrestricted. Reserves Pollcy A reserve5 pollcy 15 In place ihdl alm5 10 hold between three and 51x month5 of unrestrlcted expen¢lture, io 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 monltored during the ongoing cost of living pressures, which continue to chan8e 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 bo15ter any uncertainties that may arise and to continue in operation for the foreseeable future. FLOURISH NI LIMThED Charity Number: NIC100423 Company Number: N1624552 Page 4 Structure Governance and Management Flourish Nl is a company limited 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 INIC 1004231. The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles of Association are known a5 members of the Board. The Board are responsible for the strateglc direction and policy of the charity. The Board of appointed trustees run the charity, dele8atin8 the day to day running of the or8anisation to employed members of staff. New members are appolnted to the board by the existing members at the Annual General Meetin& or the charity may from time to time in a General Meetin8 increase or reduce the number of member5 of the board. Members of the board meet quarterly to discuss the strateglc 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 relles heavily on volunteers giving theSr time to the organisation. Member5 of the board are also requlred to disclose all relevant interests and register same wlth the board. The board conduct a review of risks to which the charity is exposed and review these rlsks annually. Where appropriate, systems and procedures are put in place to mitigate these risks. Reference and Admlnlstratlve Detalls Charity Number.. NIC 100423 Cornpany Number: N1624552 Reglstered Offlce: 24 Mount Charles Belfast BT7 INZ Trustees. The trustees who served the charity durin8 the year were- Mrs Elizabeth McKee Miss Sharon Pauley Ms Judith Fox Mi55 Liz Grifflth The Board of Trustees declare that they have approved the above report. Slgned on behalf of the Board of Trustees on 24 January 2025 by: Mrs E McKee- Chair Accounting&Ta Delivering a personal service - because every business is unique Profe55ional. 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 2024, which are sel on tho following, page.s. Respective responsibilities of trustees and examiner The trustees {who are the directors of the company for the purposes of company lawl are rc.sponsiblo for the propr1ration of the accounts. The trustoos consider that an audit is not required for the year under section 65121 of thc Chdritios Act (Northern Irclandl 2008 (tho Chririties Ar.tl and thiil indepcndenl ex¢imination is noodod Fhe charity is required by company law to prepare accrued if ccounls and l ii m qualified to undertake the extimination by boing a qualificd membor of CIMA Ilaving Srlti.£fied myself that tho charity is not subicct to audit undor compDown. BT20-SDW I Phone.102819146 9054 1 E.mail.' infoL&oboyleaccounring.com Website www.oboyleaccounring.com I .'(ioboyleaccouniing Directors." G. ￿BoY5e. L Wn'ghL M. 0"BO￿e. Company registered No. N1601180 Gerry O'8oyle Ac￿ (kn 30 years experience wlth smdi business. Licence(J by CIMA to work In practice. certrficate 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 consistent 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 acc.ounts to be reached. Signed." on behalf of O'Boyle Accounting . Name and Posltion Date.. btsl) Irec Accounting &TaX O'Boft Accounting & Taxavon Ltd 4 Bingham Street. 8angor. C(>Down. BT20-5DW I Phone"102819146 9054 1 E-mail. info@oboyleaccounting.com Websire." www.oboyleaccounts"ng.com I "rLoboyleaccounting Directois.. G. (YBoft. L wr￿h( M U80ft. Company registered No. Ni601180 Gerry O'BoyJe ACMA Cfftr 30 years eXperI￿(e Trfy7Eh small bu5ine5s. Licenced by aMA ro wort in pr￿￿(e. CerrifiCa￿ no. 00466 FLOURISH NI Chawity Nurnber. NICI(N23 Company Nurnber N1624552 Page 7 STATEMENTOF FINANCIALAcrivmES R YEAR ENDED 31 MARCH 2024 UnrtstrKted Restrkted Total Funds Funts Total 2024 024 INCOMING fiESOURCES Grants and Donatlons Fundraising attivftles Investment income Other in¢ornin8 resources 58.360 11,479 196.288 2S4,648 11,479 195.563 12.781 2.191 1191 9.912 TOTAL INCOMING RESOURCES 72,030 196 288 268.318 218,259 RESOURCES EXPENDED Raislng Funds Ch•rlt4ble actlvltles Other resources expended 1416 66,497 2,416 176.309 I42,￿6 1,042 198,294 14.434 TOTAL RESOURCES EXPENDED 70,393 176,309 246.702 NET INCOME FOR THE YEAR 1.637 21,616 4.489 NETMOVEMENTIN FUNDS 1,637 19.979 21.616 4.489 RECONCILIATION OF FUNDS- Tot•1 funds brought forAtI￿ at 01.04.Z023 109,536 109.536 105,047 TOTAL FUNDS CARRIED FORWARD AT 31 MARCH 2024 111 173 19 979 131152 The Statement of Flnan¢l?l Actfv￿[tS Includes all 8ain5 and ktsses In the year. FLO R15H NI Chathy Nurnber. NICI(N23 Company Number. 141624552 Page 8 BALANCE HEET ASAT 31 MARCH 2024 Totsl Totsl 2024 2023 FIXED A55ET5 Equlprnent CURRENT A55ETS Debtors Cash at bank ènd in hand io 116,718 41,347 49,941 88,334 Toial current a55ets IS8.(￿5 138,275 CREDtTORS: Amounts fallln8 due withln oneyear li 26.913 28.739 NET CURRENT ASSEYS 131.152 ICB.536 NET ASSETS 131152 109 536 FUNDS OF THE CHAft Unrestrlcted Funds Restrlcted Incorne Fur¥Js 111,173 19.979 109,536 12 TOTAL FUNDS 131 152 109 536 These accounts have been prepared In accordance wrth the provtsbns appllcable to small companles sublert to the srnall cornpanles re8lme and In accordance with the FRS102 SORP The mernbers have noi requlred the company to obtain an audlt in attordance wth sectlon 476 of the Companles Act 2￿6. TheJ* hn•r*¢ioI x•temen¥w•r• •ppruved by trie ooaru ol Trusrees ￿ 2>thMnuary 2025 Jna $18n•o onthèlr bèhaii bv.. Mr5 E McKee Trustee FLOURI HNI (harky Number. NICI¢YJ423 Company Number. N162455Z Pw9 NOTESTO THE FINANQAL ATEMENTS YEAR ENDED 31 MARCH 2024 ACCOUNnNG pouaES General Flourish ￿ a prprnte compary limlted by tuarartee. registered In Northem Ireland and a reglstèrtd charlty Northern Ireland. In the eventthatthe charty is wound up, the liabilrty In repsect of the guarantee is £nll per memberof the charlty. The finandal Statsft￿ts have been prepared in xcordance with the Statement of Recommended Pracuce.. Accountin8 and Reportln8 by Charlties preapring their accounts in accordavce with the Financlal Reportin8 Stsndard appli(3ble in the UK and Republic of Ireland IFRS 102115econd edrtlonl, the Financial ReportingStsnd?rd Flourlsh Nl meets the definltlon of a publlc benefft entity under FRS 102. The finandal statemtnts are prepared under the historical cost wrNentlon. Th•financial Statements a￿ p￿ented in sterl¢n8. Income Income represents don*10￿ and Brants rttefr￿d, fundr4151ng Ir￿oMe and tradln8 Irthme. Incorne ts ￿cORAl$ed when the charlty has enbilemert to the fund5, any condf(lons of the Intt+me have been met and It Is probable thètthe In￿me wlll be recefved and the arnount can be ￿asured rèliably. Income from fundrabln8 ￿ reco8n15ed on completlon of the event. Income from trndln8 acthflt*s ts ieco8n15ed In the perlod the sale took place. In Interest on funds hehl on dek¥)slt ts Included when earned the amount can bE measured ￿lIab￿ by the charty. Ac¢ountl Unrestrirted funds compr15e accumulated surpbjsts and defftclts cth ser￿￿1 fur¥Js. These a￿ avallable foi ¢Jse at thp dkscretton of the tr￿lee$ In fvrtherance of the charty's oblectfves. Restrlcted lunds are Subject to specffic rertrfc¢k>n5 as Imposed by each Indmdual donorlfunder. Ex Expendlture Is reco6nlsed orKe there ￿ a leBalor corstrLKtfve obl*atlon to a thlrd party, 1115 probable that settlement wlll be ￿quIred and thatthe amount of the obll8atlon tan be MeaSu￿d ￿lIably. Fundralslrs8 costs ale thosè c05ts which are dIrett￿ attrlbutsble to the ￿lated fundralsln8 Income. Charitablè expendrture are those costs Incurred by the charity direttty attrlbutable In the delivery gf Its attNrties afid dlrectly attrlbvrable to the bentfftclarle5. Governance and support costs comprlses costs of an Indlrect nature but whkh dlrectly support the charftable expenditure of the char￿. Governance costs are thosecosts whlch are reguired to meet constRutlonal and statutory reoulrements of the Charity. The charlty is not reBtsttred forVAT and therelore irrecoverableVAT ts Induded with the cost to whlch rf( relates. Tan8lble fL¥ed assers a￿ShoW￿ atcosL Assetswlth a purchase prke over £l.(mare capltal&ed. Dep￿cIatIOn Is calculated towrlte down the o1181n￿ cost of tsnolble ftxed assetsto thelrexpetted resldual values over thelr estimated useful lfve5 as follows.. Equlpment- computers 25% strai8ht Ilne Debt Debtors are reco8ntsed at theamount due. Prepayments arevalued atthe arnount prepaid. Caslt at Bank•nd In hand Cash at bank ar￿ in hand includes (ash and monle5 hekl in a depositaccount. ed1￿1$ Creditors and pmisM)ns are recognised w￿￿the dwrity has a Presenrobligation resukingfrom a past event thatwlll probably resuh in ihe transfer of funds to a thrml party and the amunt due to settle the obligation can be measured or estimated reliabty. Credrtors and prov15ions a￿ nomialjy ￿¢08￿￿ed atthelrsetdement amount. FLOURISH NI awrltyNumlxr. 141CIiWJ123 Cornpany NUM￿￿. N1624552 Ptye io NOTESTO THE FINANCIAL YEAR ENDED 31 MARCH 20 ATEME14TS The tharrty operates a deflned contritrtrtlon ￿nsIOn scheme. ContrfbLrtions payable to the chartty's penslon scheme are charged to the Statemet)t of Financial Act￿litIeS in the perk)d to whith they relate. Con￿rn The financhil sraternents have been p￿pared on a gofjngconcem ba5L% as the trustees believèthatthe charity wlll contlnue to opefatefor 12 months from authorblngihese ftThanckl ststements Flourish is a reg￿e￿d charty and therefore, L% not IlablE to incorne tsx or corporatlon tax on Income or galns derfved from fts charhable att￿les. as theyfall within the various exempttrjns awdilable to ￿gIstered tharrtie5. To¢•1 Totsi r# Funds 2024 2024 20Z3 ljon0tl¢￿S Gffts and dofiatitins Grnnts from frwJndatk¥ns and trwts 56,640 196.288 198,C4)8 69.239 126.324 195 563 1,720 Fundr•lslry Artbvltl Fundra￿1n8 11,479 11.479 12,781 r Incomlry Msouyrns Tradln8 Income 2.191 2,191 9,911 Statt ¢0 Wages a¢)d 5akr*s Social Securtycosts Other pensknn costs 14.973 1,552 8SS I162L￿ 13L181 15,464 17,016 7.202 8.057 74 IC6.5C6 4,886 5.254 The aver3ge number of monthly employees durfn8the year S. No ernpl¢)yee earned In excess of E&JXO). TrLuMe ftmuner•tlon and r•l•ted yrrkns No trustee recewed remuneration with retard to beinga trusree in ihe year 2024. There were no related party trafisacrlons In this orthe precédlngfinanual year. Expendlture on r*4lryfvr Unrestrf¢ied Restrlcted Furkls Funds 2014 Totsi 2013 Fundratslni t05ts 2,416 2,416 2,416 2,416 1,042 1,042 FLOURISH NI a*rity Number. NICILIM23 Cthnpany Number. N1624552 Page 11 NOTES TO THE FINANaAL ￿ATEmENTs YEAR ENDED 31 MARCH 2024 Exp•ndI￿N on Ch*rfiabl• A¢ii¥its Courses AttNftles Small 8rènts Therapies Inierpretin8 Stsff salarfje5 4,l¢XJ 6.475 3,IiXI 6,960 10,097 6.144 8,270 7,413 4,949 6,250 3,223 116,646 3,622 1,939 17.380 3.539 138.874 156.2S4 E1111 Trninlng and supervtslon Travèl Telephone OffKe rent Computer and Webs￿ costs SubscrSptlors Statlonery. Printi￿ and postage 1.454 3.768 1.175 21.650 510 3.41S 630 1,964 7.183 1.805 35.556 2.765 873 281 4,095 8,LK)7 1,561 27,130 4,750 2.231 699 281 Support Costs S,897 5,897 3,569 66.497 176.309 242. 198,294 Expendltur• on Go¥emance ind Supportco¥ts StatlgTrery. prlntln8 posts8e Insurance Bank and other fees Mèrchand15e Consultsncyfees Office costs couThtsThts fees 699 581 582 2.310 763 120 699 581 582 2,310 763 120 689 1,059 i.iL 127 2024 2023 io DEBTORS Other debtors 116 718 2024 2023 li CREDITORS.. Amounts hlllngdue wlthln one ye•r Attrua15 and defer￿d income FLOURISH NI Ch•rfiy Number. NICIWZ3 Company Nurnber. N16245S2 Pale 12 NOTES TO THE FINANCIAL STATEMENYS YEAR ENDED 31 MARCH 2024 12 ANALYSIS OF MOVEMENT IN RESTRICTED FUNDS 8rwfo￿jryl I￿0￿* Empendlture C•rrled FonAf4rd I5.(￿ - 7,554 AB charitsb￿Tr￿t Albert Hunt Alien Lane ARC'S Fund for Hurnan Need HalKax FoundatK)n John Moore LFT Trust Mlnorrty Ethnlc D￿lOpMEnt Fund Public Hea￿h A8ency Rank Foundation Red Cross TEO Crtsls Fund SOc￿ty ofthe Hoty Chlld Je5US Thales The Nat￿nal Lottery COMM￿MY Fur¥J LllsterGardenVlliages Vlncl 26,IA)J 126,(M)Ji i(N) 11(xJi 12,SlY)I 12,IK#)I 14,331 114,3311 44,695 144,6951 46,512 146,5121 13.rml 11.4CQI 19.9501 11,4671 9.9 li,C(¥J 9,533 D•scrfptknn, nature and wrpw¢ otfund Ae Charlt4bleTni%i Grant lor salary Albert Hunt Grant for welkbelng attmtbes Allen L•n• Grant for salary ARC'I Grant lor salary, act￿￿ and ovtrhead Fund for Human Need Oire£i financial support for cllènts H•llF•¥ Foundatlon Grant fof well-beifi8 acltfvl John Moorè Grant for overhead IFTTrnsi Grant for salary and overhead Mlnorlty Ethnk Development Fund Grani for salary and overhead Pubn¢ Heotth A8en¢y Grant for well-being act￿￿￿$ Rank Foundatk)n Grènt for salary and 0￿rhead Red Cross TEO Crtsls Fund Dlrert finantial support for destitute tkAts 5oc*ty of the Hoty Chlld Je5US Grant for salary Thale5 Grant for well ￿Ing *Nitips The Natlonal Lotterycommynfty Fund Grant forwelkbeing actfvttes UlsterG4rden Willages Grantfor5alary Vlncl Grant for equlpment 13 ANALYSIS OF NEfASSEfs BY FUNO GeneTrl ResMrted Funds Funds Total 2024 Tan8lble assets Cur￿n1 Assets Currerrt Llabllltles 138,086 26.913 111173 19,979 158,065 26,913 13115Z