Charlty Reglstratlon No. NIC00512
Company Reglstratlon No. N1047063 (Northern Irelandl
MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
(A company limited by guarantee and not having a share capital)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Deborah Neill
Rosemary Quinn
Rosemary Simpson
Marilyn Weekes
Secretary
Rosemary Quinn
Charlty number
NIC00512
Company number
N1047063
Reglstered offlce
2 Stalion Road
Larne
Co. Anlrim
BT40 3AA
Audltor
MBS Chartered Accountants
3 High Street
Larne
Co. Antrim
BT40 1JN
Bankers
Danske Bank
Donegall Square Wesl
Belfast
BT1 6JS

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
CONTENTS
Page
Trustees, report
Statement of trustees, responsibilities
Independent auditor's report
statement of financial activities
Balance Sheet
10
Statement of cash flows
Notes to Ihe financial statements

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their report and accounls for the year ended 31 March 2024.
The financial stalements have been prepared in accordance with Ihe accounting policies set out in note 1 to the
financial statements and comply wilh the charity's governing document, the Companies Act 2006 and
"Accounting and Reporting by Charities.. Stalemenl 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 1021 (effective 1 January 2019)
Objectives and activities
The Company's objectives are to promole charitable purposes that benefit the community in the Mid & East
Antrim Borough Council area through the advancement of education, the protection and presetvation of health,
and the relief of poverty, sickness, and distress. We aim to establish and provide advice services offering free,
independent, confidential, and impartial advice, information, and support to the public, and to support the
implementation of such guidance.
We hold meetings and training sessions, either independently or in collaboralion with others, while mainlaining
active communication between the public, governmenl, local government, and other public and charital￿e
organisations.
Our goal is to influence public opinion and make representalions to governmental and other bodies regarding the
development and implementation of appropriate policies through our Social Policy work. We will provKle
evidence for government, both local and national, cooperate with authorities (national, local, or othe￿1$e), and
seek to obtain rights, privileges, and concessions thal allow us to operate in alignment with the Company's
objectives. This includes entering into contracts to provide services to or on behalf of other entities and engaging
in any other trade that is not expected to generate taxable profits.
Addilionally, we accept grants, subscriptions, and donations to support our mission.
ACTIVITIES
The Trustee Board of Directors for Mid & East Antrim Community Advice Services, led by our chairperson, is
responsible for ensuring that our services are effectively delivered to meet the needs of local residents while
complying with all contractual and legal obligalions in accordance with charity law.
Our staff and volunteers offer practical advice, negotiate on behalf of clients, and represent them in formal
settings, such as tribunal hearings. Our client group includes, but is not limited lo, individuals in need due lo
reasons such as youth, age, ill health, disability, financial hardship, or other disadvantages. We assist a diverse
range of clienls, including members of the general public, older adults, the unemployed or those with low
incomes, individuals dealing with addictions (including drug, solvent, and alcohol abuse), carers, ethnic
minorities, the homeless, and those with mental health or physical disabilities, as well as tenants.
Common areas of inquiry for our services include..
Beneflts - enlitlements, support with applications and appealing decisions
Debt and money advlce- how to manage debts, improve your financial situation and maximise income
Consumer Issues - from used cars to difficulties with gas and electricity suppliers
Work-related problems- terms and conditions, dismissal, redundancy, and intimidation
Houslng- from renting through to homelessness
Relationships - separation, children and bereavement

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
PROJECTS
Mid & East Antrim Community Advice Services have specialised Welfare Reform Advisers in each of our offices,
funded by the Welfare Reform Support Project. Additionally, we have Debt Advisors in each office through the
Debt Nl project and offer Pensionwise appointments to guide individuals aged 50 and over, in making informed
decisions about their pensions.
We collaborate with the Mid & East Anlrim Age Well Partnership to extend our services to Iheir clients throughout
the Borough, offering face-to-face appoinlmenls, home visits, telephone advice, and the provision of other
necessary support and guidance.
STATEMENT FROM TRUSTEES
On behalf of the board of Directors of Mid & East Antrim Community Advice the Chairperson confirms that the
said Board of Directors have implemented the guidance from Charity Commission on public benefit.
CONTRIBUTION OF VOLUNTEERS
Our volunteer numbers were greatly impacted due lo the pandemic. however, we conlinue to grow our volunteer
team members who provide an invaluable contribution lo the work we do through their lived experience and
wealth of knowledge from all areas and aspects of life.
Achlevements and performance
In the year 2023124, across all projects MEACAS provided advice, help and support to 15511 clients, dealing with
27,812 issues. The total income generated for our clienls across all projects was £4,230,759. This income is
generated primarily by the identification of benefit entitlement and subsequent successful benefit applications
and successful benefit appeals.
Flnanclal review
The charily, s incoming recourse for the year amounted to £511,807 (2023.. £651,849). Principal sources of
funding are from grants and donations. The outgoing expenditure for the year amounted to £541,129 (2023
£688,555) The nel outgoings for the year amounted to £29,322 (2023.. outgoing £36,706).
The Charity is extremely grateful to all its grant funders, without whose support Mid & East Anlrim Community
Advice Services would not be able to run a number of its activities.
Reserves pollcy
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be
maintained at a level equivalent to between three and six months expenditure. The trustees consider that
reserves al this level will ensure that, in the event of a significant drop in funding, they will be able lo Continue the
charity's current activities while consideration is given to ways in which additional funds may be Trised. This
current level of free reseNes falls short of this, bul Ihe Trustees continue to monitor.
Rlsk assossment
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that Systems are in
place to mitigate exposure to the major risks.

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT>
FOR THE YEAR ENDED 31 MARCH 2024
Structure, governance and management
The charity is a company limited by guarantee and acceptable as charitable by HMRC under reference
XR39848. The company was incorporated on 25th June 2003. The company was established under a
Memorandum of Association which established the objects and powers of the company, and is governed by it's
Articles of Association.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up
to the date of signature of the financial statements were-
Deborah Neill
Rosemary Quinn
Rosemary Simpson
Marilyn Weekes
The Directors of the company are also charity Trustees for the purpose of charity law. Under the requirements of
Ihe Memorandum and Articles of Association unless othe￿iSe determined by the company in General Meeting
the number of Trustees shall not be less than three and is not subject to any maximum. Tustees are elected to
serve only until the next Annual General Meeting, at which they shall then be eligible for re-election. In
agreement wilh the Board one new board member was ctropted on to the board, a further two members will be
sought during 2023-24 to ensure that the quota of trustees is maintained. All applications to join the board are
advertised in MEA local papers.
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company
and guarantee to contribute £1 in the event of a winding up.
Auditor
In accordance with the company's articles, a resolution proposing that MBS Chartered Accountanls be
reappointed as auditor of the Company will be put at a General Meeting.
The trustees, report was approved by Ihe Board of Trustees.
Roseffia
inn
Trustee & Director
Dated.. iolii124........

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees, who are also the directors of Mid & East Antrim Community Advice Services Ltd for the purpose ol
company law, are responsible for preparing Ihe Trustees, Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounling
Practice).
Company Law requires the trustees to prepare financial statemenls for each financial year which give a true and
fair view of the slate of affairs of the charity and of the incoming resources and application of resources, including
the income and expenditure, of the charitable company for thal year.
In preparing these financial statements, the trustees are required to=
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent., and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity
will continue in operation.
The trustees are responsible for keeping adequate accounting records thal disclose with reasonable accuracy at
any time the financial position of the charity and enable them to ensure Ihat the financial statemenls comply with
the Companies Acl 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.

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
Oplnlon
We have audited the financial statements of Mid & East Anlrim Community Advice Services Ltd (the 'charity') for the
year ended 31 March 2024 which comprise the slatemenl of financial activities, the balance sheet and the notes to
the financial statements, including 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 Th8
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 Ihe slate of the charitable company's affairs as at 31 March 2024 and of its
incoming resources and application of resources, for the year Ihen ended;
have been properly prepared in accordance wilh United Kingdom Generally Accepted Accounting Practi￿.
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable
law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for the audil ol
the financial statements section of our report. We are independent of the charity in accordance wilh the ethical
requirements that are relevant to our audit of the financial slatements in Ihe UK, including the FRC'S Ethical
Standard, and we have fulfilled our other elhical responsibilities in accordance with these requirements. We believe
that the audit evidence we have oblained is sufficient and appropriate to provide a basis for our opinion.
Concluslons relatlng to golng concern
In audiling the financial statements, we have concluded that the trustees, use of the going concem 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 uncerlainties relating to evenls 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
relevanl sections of this report.
other Informatlon
The other information comprises the information included in the annual report other than the financial statements
and our audilor's report Ihereon. The trustees are responsible for the other informalion contained within the annual
report. Our opinion on the financial statements does not cover the other information and we do not express any form
of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider
whether the other information is materially inconsislenl with Ihe financial slatements or our knowledge obtained in
the course of 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 this gives rise to a material misstatement
in the financial statements themselves. If, based on the work we have performed, we conclude that there is a
material misstatement of this other information, we are required lo report Ihat fact.
We have nothing to report in this regard.
Matters on whlch we are requlred to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and
Reports> Regulations 2008 require us to report to you if, in our opinion..
the information given in the financial statements 15 inconsistent in any material respect wilh the trustees,
report., or
sufficient accounting records have not been kept., or
the financial statements are not in agreement with the accounting records., or
we have not received all the informatior¢ and explanations we require for our audit.

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
INDEPENDENT AUDITOR'S REPORT {CONTINUED)
TO THE TRUSTEES OF MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
Responslbllltles of trustees
As explained more fully in the statement of trustees, responsibilities, the Irustees, who are also the directors of the
charity for the purpose of company law, are responsible for Ihe preparation of the financial statements and for being
satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to
enable the preparation of financial statements that are free from material misstatement, whether due to fraud or
error. In preparing the financial statemenls, the trustees are responsible for assessing Ihe 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 charitable company or to cease
operations, or have no realistic alternative but to do so.
Audltor's responslbllltles for the audit of the financial statements
We have been appointed as auditor under section 65 of the Charities Act {Northern Ireland} 2008 and report in
accordance with the Act and relevanl regulations made or having effect thereunder.
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 bul 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 wilh our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including
fraud. The extent lo which our procedures are capable of delecting irregularities, including fraud, is detailed below.

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
Extent to whSch the audlt was considered capable of detectlng irregularities, includlng fraud
We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error,
and Ihen design and perform audit procedures responsive to those risks, including obtaining audit evidence that is
sufficient and appropriate to provide a basis for our opinion.
In identifying and assessing potential risks of material misstatement in respect of irregularities, including fraud and
non-compliances with laws and regulations, we considered the following..
The nature of the industry and sector, control environment and business performance, including the company's
remuneration policies for direclors, bonus levels and performance targets, if any.,
Resulls of our enquiries of management about their own identification and assessment of the risks of
irregularities-,
Any matters we identified having obtained and reviewed the company's documentation of their policies and
procedures relating to:
Identifying, evaluating and complying with laws and regulations and whelher they were aware of any instance of
non-compliance.,
Detecting and responding to the risks of fraud and whether they have knowledge of any actual suspected or
alleged fraud,. and
The internal controls established to mitigate risks of fraud or non-compliance with laws and regulations.,
The matters discussed among the audit engagement team regarding how and where fraud might occur in the
financial statements and potential indicators of fraud.
As a result of these procedures, we considered the op.portunities and incenlives that may exist within the company
for fraud and identified the greatest potential for fraud in income recognition. In common with all audits under ISAS
(UK) we are also required lo perform specific procedures to respond to the risk of management override.
We also obtained an understanding of the legal and regulatory frameworks that the company operates in, focusing
on provisions of those laws and regulations that had a direct effect on the determinalion of material amounts and
disclosures in the financial statements. The key laws and regulations we considered in this context included the
Companies Act 2006, and local tax legislation.
In addilion, 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 fundamenlal to the company's ability to operate or to avoid a material
penalty.
Audit response to risks identified
Our procedures to respond to Ihe risks identified included the following..
Reviewing the financial statement disclosures and testing to supporting documentation lo assess compliance with
provisions of relevant laws and regulations described as having a direct effect on the financial statements.
Enquiring of management concerning actual and potential litigalion and claims,. Performing analytical procedures
to identify any unusual or unexpected relationships that may indicate risks of material misslatemenl due to fraud.,
Reading minutes of meetings of those charged wilh governance and reviewing correspondence with tax
authorilies., and
In addressing the risk of fraud Ihrough management override of controls, testing the appropriateness of journal
entries and other adjustments,. assessing whether the judgments made in making accounting estimates are
indicative of a potenlial bias., and evaluating the business rationale of any significant transactions that are unusual
or outside Ihe normal course of business.
We also communicated relevanl identified laws and regulations and potenlial fraud risks to all engagement leam
members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the
audit.
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may nol have detected some
material misstatements in the financial statements, even though we have properly planned and performed our audit
in accordance with auditing slandards. In addition, as with any audit, there remains a higher risk of non-detection of
irregularities, as they may involve collusion, forgery intentional omissions, misrepresentations, or the override of
internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-
compliance wilh all laws and regulations.
A further description of our responsibilities is available on the Financial Reporting Council's website at.. hltps'.11
www.frc.org..uklauditorsresponsibilities. This description forms part of our auditor's report.

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
Use of our report
This report is made solely to the charitable company'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 charitalJe company's
members those matters we are required to stale to them in an auditorfs 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 charitable
company and the charitable company's members as a body, for our audit work, for this report, or forthe opinions we
have formed.
Slmon Hopper FCA (Senior Statutory Audltor)
for and on behalf of
MBS Chartered Accountants
statutory Audltor
3 High Street
Larne
Co. Antrim
BT40 1JN
MBS Chartered Accountants is eligible for appointment as auditor of the charity by virtue of its eligibility for
appointment as auditor of a company under of section 1212 of the Companies Act 2006.

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted Restrlcted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Tolal
2024
2023
Notes
Donations and legacies
Charitable activities
80
237,975
80
511,727
340
291,583
340
651,509
273,752
359,926
Total Income
238,055
273,752
511,807
291,923
359,926
651,849
Charitable activities
243,807
297,322
541,129
313,242
375,313
688,555
Net expenditure for the yearl
Net movement in funds
(5,752)
{23,570)
(29,3221
(21,319)
(15,387)
(38,706)
Fund balances at 1 April
2023
(20,174)
9,743
(10,4311
1,145
25,129
26,274
Fund balances at 31
March 2024
(25,926)
(13,827)
(39,753)
(20,174)
9,742
(10,432)
The statement of financial activities includes all gains and losses recognised in the year.
All income and expendilure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account
under the Companies Act 2006.

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
Current assets
Debtors
Cash at bank and in hand
14,257
17,596
10
10,543
18,276
27,775
11,576
28,819
39,351
Creditors: amounts falllng due wlthln
one year
12
(82,829)
{67,379)
Net current liabilities
(54,010)
(28,028)
Total assets less current liabilities
(39,753)
{10,432)
Income funds
Restricted funds
Unrestricted funds
(13,827)
{25,926)
9,742
{20,174)
{39,753)
{10,4321
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 March 2024, although an audit has been carried out under section 144 ofthe Charities
Act2011.
The directors acknowledge their responsibilities for ensuring that the charity keeps accounting records which
comply with section 386 of the Act and for preparing financial statements which give a true and fairview of the slate
of affairs of the company as at the end of the financial year and of its incoming resources and application of
resources, including its income and expenditure, for the financial year in accordance with the requirements of
seclions 394 and 395 and which otherwise comply with the requirements of Ihe Companies Act 2006 relating to
financial statements, so far as applicable to the company.
The members have not required the company to obtain an audit of ils financial stalemenls under the requirements
of the Companies Act 2006, for the year in queslion in accordance with section 476 of the Companies Act 2006.
These financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved by the Trustees on
Deborah Neill
Trustee & Director
Company Registration No. N1047063
10-

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting pollcles
Charity information
Mid & East Antrim Community Advice Services Ltd is a private charitable company limited by guarantse
incorporated in Northern Ireland. The registered office is 2 Station Road, Larne, Co. Antrim, BT40 3AA.
1.1 Accounting convention
The accounts have been prepared in accordance with the charity's Memorandum and Articles of Association,
the Companies Act 2006 and 'Accounting and Reporting by Charities: Slatement 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)" (as amended for accounting periods commencing
from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of Ihe provisions in the SORP for charilies applying FRS 102 Update
Bulletin 1 not to prepare a Statement of Cash Flows.
The financial slatemenls are prepared in sterling, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include Ihe
revaluation of freehold properties and to include investment properties and certain financial instruments at fair
value. The principal accounling policies adopled are set out below.
1.2 Golng concern
At the time of approving Ihe financial statements, the trustees have a reasonable expectalion that the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charltable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purp)ses and
uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the
charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met,
the amounts can be measured reliably, and it is probable Ihat income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income lax recoverable in
relation to donalions received under GiftAid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution,
Ihe amount is known, and receipt is expected. If Ihe amount is not known, the legacy is treated as a
contingent asset.
1.5 Expendlture
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operalions from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially al
transaction price and subsequently measured al amortised cost using the effective interest method.
11

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng policies
(Continued)
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured al cost or valuation. net of
depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over Iheir
useful lives on the following bases..
Fixtures and fittings
15 % straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale
proceeds and the carrying value of the asset, and is recognised in net incomel(expenditure) for the year.
1.7 Impairment of flxed assets
At each reporting end date, the charity reviews the carrying amounts of ils tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such Ind￿atIOn
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment
loss (if any).
1.8 Cash and cash equlvalents
Cash and cash equivalenls include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three monlhs or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Financial instruments
The charity has elected lo apply the provisions of Section 11 'Basic Financial Instruments, and Seclion 12
'Other Financial Instruments Issues, of FRS 102 to all of ils financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the
contraclual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presenled in the financial statements, when
Ihere is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a
net basis or to realise the asset and seltle the liability simultaneously.
Basic financlal assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured a
transaction price including transaction costs and are subsequently carried at amortised cost using the
effective interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounled at a market rate of interest. Financial assets
classified as receivable wilhin one year are not amortised.
Basic financial liabllltles
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
wilhin one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services thal have been acquired in the ordinary course of
operalions from suppliers. Amounts payable are classified as currenl liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
Iransaction price and subsequently measured at amortised cost using the effective interest method.
12

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollcles
(Continued)
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's conlractual obligations expire or are discharged or
cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in Ihe period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed
to terminate the employment of an employee or to provide terminalion benefits.
1.11 Retlrement beneflts
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Critical accounting estimates and judgements
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the eslimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Donations and legacies
Unrestrlcted Unrestricted
funds
funds
2024
2023
Donations and gifts
BO
80
340
340
13

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charltable actlvitles
Charltable
Income
Total
2024
Total
2023
Mid & East Antrim Council
Pension Wise
Mid & EastAntrim Agewell Partnership
Welfare reform
Ukraine Assistance Centre
MAS
Affordable Food Club
Projecl Management
Lunch Box
Department for Communities
A & FIT Project
Independent Age
Poverty Action Group
Jobstart Scheme
Victim Support
226,600
8,675
2,950
80,085
226.600
6,675
2,950
80,085
220,000
5,850
1,750
92,322
27,100
56,537
132,909
28,883
2,016
39,997
60,000
28,883
2016
39,997
60,000
64,720
3,531
20,000
10,153
30,604
1,750
3,531
20,000
10,153
30,604
1,750
20,000
5,000
45,321
1,750
511,727
511,727
651,509
Analysis by fund
Unrestricted funds
Restricted funds
237,975
273,752
237,975
273,752
511,727
511,727
For the year ended 31 March 2023
Unrestricted funds
Restricted funds
291,583
334,926
291,583
359,926
626,509
651,509
14-

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charltable activities
2024
2023
staff costs
Depreciation and impairment
Volunteer expenses
Affordable Food Club
Agewell
Poverty Aclion Group
staff training
Ukraine Assistance Centre
423,704
5,296
4,387
4,278
10,000
8,061
534,691
7,467
3,708
45,686
2,140
13,019
4,439
1,969
4,047
459,773
613,119
Share of support costs (see note 6)
Share of governance costs (see note 6)
76,036
5,320
71,597
3,839
541,129
688,555
Analysls by fund
Unrestricted funds
Reslricled funds
243,807
297,322
313,242
375,313
541,129
688,555
For the year ended 31 March 2023
Unrestricted funds
Restricted funds
313,242
375,313
688,555
15-

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support costs
Support Governance
costs
costs
2024 Support costs Governance
costs
2023
Rent & water rates
Insurance
Heat & light
Repairs & maintenance
Computer expenses
Sundry expenses
Bank charges & interest
Telephone
Printing, stationery &
postage
28,000
4,405
1,270
1,095
20,741
5,395
91
13,565
28,000
4,405
1,270
1,095
20,741
5,395
91
13,565
21,751
3,700
1,973
3,440
12,831
3,585
73
18,667
21,751
3,700
1,973
3,440
12,831
3,585
73
18,667
1,474
1,474
5,577
5,577
Legal and professional
5.320
5,320
3,839
3,839
76,036
5,320
81,356
71,597
3,839
75,436
Analysed between
Charitable activities
76,036
5,320
81,356
71,597
3,839
75,436
Trustees
None of the trustees (or any persons connected wilh Ihem) received any remuneration or benefits from the
charity during Ihe year.
Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
22
22
Employment costs
2024
2023
Wages and salaries
Social security costs
Other pension costs
384,314
27,742
11,648
486,495
35,447
12,749
423,704
534,691
There are no employees whose annual remuneration was greater than £60,000.
16-

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Tanglble fixed assets
Fixtures and fittlngs
Cost
At 1 April 2023
Additions
129,287
1,957
At 31 March 2024
131,244
Depreclatlon and impairment
At 1 April 2023
Depreciation charged in the year
111,691
5,296
At 31 March 2024
116,987
Carrying amount
At 31 March 2024
14,257
At 31 March 2023
17,596
10 Debtors
2024
2023
Amounts falling due wlthln one year:
Other debtors
10,543
27,775
11 Loans and overdrafts
2024
2023
Other loans
53,774
57,000
Payable within one year
53,774
57,000
12 Credltors: amounts falling due wlthln one year
2024
2023
Borrowings
Other taxation and social security
Accruals and deferred income
53,774
7,516
21,539
57,000
7,019
3,360
82,829
67,379
17-

MID & EAST ANTRIM COMMUNITY ADVICE SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
13 Analysis of net assets between funds
Unrestrlcted Restricted
funds
funds
2024
2024
Total Unrestricted Restricled
funds
funds
2023
2023
Tolal
2024
2023
Fund balances at 31
March 2024 are
represented by..
Tangible assets
Current assetsllliabilities)
14,257
(40,183)
14,257
(54,010)
17,596
(37,770)
17,596
(28,028)
<13,827)
9,742
(25,926)
(13,827)
(39,7531
{20,174)
9,742
(10,432)
18-