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2024-03-31-annual-report

Pages
OfficersandProfessionalAdvisors
ReportoftheBoardofTrustees 4-23
TndependentAuditors'Report 24-27
StatementofFinancialActivities 28
BalanceSheet 29
CashFlowStatement 30
NotestotheFinancialStatements 31-45

Pillar1 Pillar 2 Pillar3 Pillar4 Pillar5 Pillar6
Services Engagement Funding Awareness People Governance
Development
Wewillensure Wewill listen We will We will We will Wewillensure
everychild has tochildrenand develop a amplify the cultivate a that
our
accesstoCancer young people funding voices of well- organisational
Fund for andensuretheir strategy that children, resourced, infrastructure
Children's voice is atthe ensures the youngpeople positive, and andgovernance
services_ heart ofour organisationis and their inclusive are
fit
for
organisation. sustainable and families workplace purpose
and
responsive. impacted by environment alignedwithour
canceracross thatvalues and evolvingneeds
theisland of supports our andaspirations.
Ireland. staff and
volunteers.


breaks,themostwehavesupportedacrosso

ur10years.
DaisyLodgehasprovidedfamilieswitha vitalopportunitytobetogetherinadedicatedsupportivespace,
providingat timesanescapefromthechallengesofcancerandattimesthespacetodealdirectlywithit,tohave
challengingconversationsandplanforthefuture.
Numberoffamilybreaks 517
TotalOccupants 1906
NumberofH&WBovernights 19
NumberofDLCSSworkshopsessions 1162
NumberofCTtherapiesdelivered 1326
Mealsprovided 15248

FullTime PartTime Total
CurrentStaffNumbersNI 55 19 74
Total-March2024 55 19 74

FullTime PartTime Total
CurrentStaffNumbersROI I1 1 12
Total-March2024 11 1 12

Meetings Board Audit & Capital Governance Governance Services Income HR,
Assurance Formed & Risk/ & Nominations&
/ Aug23 Formed Aug Comms Renumeration
(Renamed 23
Finance)
BoardMembers Attended Attended Attended Attended Attended Attended Attended
(Eligible (Eligible) (Eligible (Eligible) (Eligible) (Eligible) (Eligible)
5 )
3
~- S 2- I
Peter
O'Brien
5(5) 3(3) 2(2)
(Chairperson)
GerardHalpenny 4(5) 2(2)
CormacOwens 2(5) 4(5)
Donal 3(3)
O'Shaughnessy
(retired
27d'
November2023
Joan
Ballantine
5(5) 3(3) 2(2)
(retired
]3(h
February2024)
Padraic 5(5) 3(3)
O'Giollain
(Treasurer)
MichelleHatfield 1(3) ](1)
(retired
27d'
November2023)
PeterShields 5(s) 5(5) 3(3)
Dr.
Robert
3(5) 4(5)
Johnston
Robin 5(5) 3(3)
McCormick
(appointed3May
2023)
DonalHutchinson 4(5) 3(3)
(appointed3May
2023)
Rory
Best
NA
(appointed
15d'
January2024)
Alice
Nugent
NA
(appointed
15`fi
Janu
2024)
Phil
Alexander
4(5) 5(5) 3(3) 2(2) 2(3) 2(2)
(CEO)
Siobhan
Hanley
3(5) 4(5) 3(3)
(Director
of
Income
Generation)
Neil
Symington
5(5) 5(5)
(Director
of
Services)
IngridBlake 4(5) 5(5) 3(3) 2(2)
(Director
of
Finance)

Risk
No.
RiskType RiskHeading
RiskI FinancialRisk Failuretoensurethefinancialstabilityoftheorganisation
Risk2 Operational/
Financial/
ImpactonNICharityofgrowthanddevelopmentofROI
Environment
and
Chanty
Externalrisks
Risk3 Environmentandexternal PotentialDamagetothepublicimageoftheorganisation
risk
Risk4 Operational/
Financial
EffectivenessoftheStrategicPlan
risks
Risk5 ComplianceRisk Failuretohaveaneffectiveanti-fraudpolicy
Risk6 ComplianceRisk FailuretocomplywithDataProtectionLegislation&updateIT
security
Risk7 ComplianceRisk FailuretocomplywithcurrentHealthandSafetyLegislation
Risk8 OperationalRisk Failureofcontingencyplanningtoaddresslossordamagetokey
infi-astructures
Risk9 OperationalRisk LossofKeyPersonnel
Risk OperationalRisk FullUtilisationofExistingResources
10
Risk OperationalRisk Failuretomeetyoungpeople'sexpectationsofservice
i1 provision
Risk ComplianceRisk Failuretocomplywithcurrentemploymentlegislationandbest
12 practice,
Charity
Commission
regulations,
Governance
legislation
Risk OperationalRisk Failuretorecruitandretainaneffectivevolunteerbaseatall
13 levels
Risk ComplianceRisk PossibleFailuretocomplywithChildProtectionlegislation&
14 AdultSafeguarding
Risk GovernanceRisk InappropriateskillsmixonBoardandlossofkeyBoard
15 Members

Unrestricted Restricted Total Total
Note Funds Funds 2024 2023
Restated
IncomeandEndowments
Incomefromgeneratedfunds:
Donations&legacies 3 1,946,062 - 1,946,062 2,018,600
Activitiesforgeneratingfunds 4 263,692 - 263,692 171,557
incomefrominvestments 5 9,478 - 9,478 5,486
Incomefromcharitableactivities 6 9,000 1,210,638 1,219,638 720,875
Otherincome 7 338,950 - 338,950 289,067
Totalincomeandendowments 2,567,182 1,210,638 3,777,820 3,205,585
Expenditure
Expenditureon raisingfinds 10 1,036,150 - 1,036,150 880,433
Expenditureoncharitableactivities:
DaisyLodge 11 576,946 576,837 1,153,783 1,185,701
Services I2 646,769 639,159 1,285,928 1,088,706
Governancecosts 13 58,887 - 58,887 51,981
TotalExpenditure 2,318,752 1,215,996 3,534,748 3,206,821
NetIncome/(Expenditure) 248,430 (5,358) 243,072 (1,236)
Transferbetweenfunds 26
Otherrecognisedgains
Gainonwritedownofloan 25 50,000 - 50,000 -
Fundsbalancebroughtforwardat
1April2023 3,371,419 35,469 3,429,865 3,431,101
Fundsbalancecarriedforwardat 26
31March2024 3,692,826 30,111 3,722,937 3,429,865

2024 2023
Fixedassets Note £ £
Tangibleassets 14 3,135.607 3233.038
Currentassets
Stocks 2,447 2,447
Debtors 1 598,950 319,083
Cashatbankandinhand 16 788,409 1.314,814
1,389,806 1,636,344
Creditors:amountsfallingduewithinoneyear 17 (302,476) (635,373)
Netcurrentassets 1,087,330 1.000,971
Totalassetslesscurrentliabilities 4,222,937 4,234,009
Creditors:amountsfallingdueaftermorethanoneyear 18 (500,000) (804,144)
Netassets 37?2,937 3.429,565
Representedby:
Unrestrictedfunds 3,692,826 3,394,396
Restrictedfiends 30,111 35,469
Totalfunds 26 3.72^-_,937 3.429,865
2024 2023
Notes £ £ f £
Cashflowsfromoperatingactivities
Cashgeneratedfromoperations 29 (45,439) 160,681
Interestpaid (31,602) (33,490)
Netcash(outflow)/inflowfromoperating (77,041) 127,191
activities
Investingactivities
Purchaseoftangiblefixedassets (12,364) (28,039)
Proceedsondisposaloftangiblefixedassets - -
Interestreceived 9,478 4,892
Netcashgenerated/(used)ininvesting
activities (2,886) (23,147)
Financingactivities
Repaymentofloans (446,478) 20
(
9,942)
Netcashusedinfinancingactivities (446,478) (209,942)
Netincreaseincashandcashequivalents (526,405) (105,898)
Cashandcashequivalentsatbeginningofyear 1,314,814 1,420,712
Cashandcashequivalentsatendofyear 788,409 1,314,814
Relatingto:
Bankbalances 788,409 1,314,8I4

lculatedsoastowriteoffthe
hatassetasfollows:
costofanasset,lessitses
Land -notdepreciated
Buildings -2%straightline
Furniture&Equipment -20%straightline
MotorVehicles -20%straightline
ComputerEquipment -20%straightline

3.Donations&legacies
Unrestricted Restricted Total Total
funds funds 2024 2023
Community&Clubs 278,667 278,667 325,335
Corporate 508,148 508,148 464,983
GeneralDonations 13,405 13,405 14,674
DonorDevelopment—inel.Payroll
giving
325,208 325,208 401,874
Families 206,499 206,499 228,948
MajorDonors 66,100 66,100 200,890
SouthDownRegionalFundraising 197,819 197,819 137,419
Schools&Youth 148,641 148,641 70,719
GiftsinKind 151,473 151,473 155,086
DaisyLodge - - 1,250
Trust&Funds - - 17,422
GiftAid 48,002 48,002 -
Commercialincome 2,100 2,100 -
1,946,062 1,946,062 2,018,600
4.Incomefromactivitiesfor
generatingfunds
Unrestricted Restricted Total Total
funds funds 2024 2023
SlieveDonard - - 14,792
Marathons 24,806 24,806 -
Skydive/Abseil 36,358 36,358 12,627
FundraisingEvents 85,179 85,179 59,172
SantaClause 15,581 15,581 5,187
Treks 15,705 15,705 28,836
BogRun 86,063 86,063 50,943
263,692 263,692 171,557
5.Incomefrominvestments
Unrestricted Restricted Total Total
funds funds 2024 2023
Bankinterestreceivable 9,478 - 9,478 5,486

6.Incomefromcharitableactivities Unrestricted Restricted Total Total
funds funds 2024 2023
BigLotteryRise 130,640 130,640 90,253
BigLotteryDL 121,235 121.235 96,301
ChildreninNeed 27,701
YoungLivesVCancer(Clic
Sargent)
28,941 28,941 23,153
CommunityFoundationNI 4,000 423,311 427,311 349,879
Co-OpGrant 10,000
Government 14,588
HouseofVicLyn 10,000 10,000 10,000
McClayFoundation 50,000 50,000 50,000
RankFoundation 29,615 29,615 34,000
StJamesFoundation 30,000 30,000 15,000
BigLottery-DormantFunds 12,146 12,146
AlanNappin 50,000 50,000
UlsterGardenVillages 70,000 70,000
OtherTrusts&charitablefoundations 5,000 254,750 259,750
9,000 1,210,638 1,219,638 720,875
7.OtherIncome
Unrestricted Restricted Total Total
funds funds 2024 2023
Rechargesfi-omCancerFundfor 195,868 195,868 154,981
ChildrenIreland
DonationsfromCancerFundfor 130,200 130,200 130,000
ChildrenIreland
DFC-AccesstoWork 12,882 12,882 4,086
GovernmentCJRS -
338,950 338,950 289,067
S.NetMovementinfunds 2024 2023
Netmovementinfundsisstatedaftercharging:
Depreciationoffixedassets 109,795 109,610
Employerpensioncosts 152,246 129,435
Auditors'remuneration—auditservices 7,200 5,760

ithintotalexpenditure,supportco stsareasfollows:
Income Daisy Total Total
Generation Lodge Services 2024 2023
Salaries 125,925 215,122 183,641 524,688 286,318
Management&administration 51,044 87,200 74,439 212,684 157,636
Awarenessraising 6,894 11,776 10,053 28,723 90,853
Establishment 22,346 38,174 32,588 93,108 78,554
Financecosts 7,584 12,957 11,061 31,602 35,998
Depreciation 26,351 45,016 38,429 109,796 109,610
240,144 410,246 350,210 1,000,601 758,969
10.Expenditureonincome
generation Unrestricted Restricted Total Total
funds funds 2024 2023
GrossSalarycosts 709,780 709,780 526,994
Trainingandrecruitment 3,588 3,588 6,612
Groundrentandcleaning 1,974 1,974 8,178
Volunteeringexpenses 230 230 2,947
Insurances 5,564 5,564 3,419
Heatandlight 4,161 4,161 3,612
Printing,postageandstationery 5,314 5,314 16,775
Telephone 8,371 8,371 5,227
Schoolexpenses 1,068 1,068 3,922
Staffmeetings 426 426 5,944
Softwaresubscriptions 18241 18,241 40,494
Corporateexpenses 8,768
Repairsandmaintenance 66,598 66,598 43,963
WebsitecostsandCRM 18,241 18,241 42,212
Communicationsandawareness
raising
35,102 35,102 28,732
Mortgageinterestandbankcharges 7,870 7,870 8,640
Global&UKchallengeexpenses 41,352 41,352 46,469
Collectionbox/bucketsexpenditure 3,096 3,096 2,476
Payrollgivingexpenses 39,581 39,581 10,602
Depreciation 26,351 26,351 26,306
Merchandising 18,748 18,748 10,908
Adminexpenses 3,198 3,198 4,488
Cleaning 3,528 3,528 3,113
HRExpenditure 7,594 7,594 5,194
Unrealisedcurrencygains/(losses) 51
Lega]andprofessional 6,174 6,174 2,877
Miscellaneousexpenses 11,510
IJU 1,036,150 880,433

11.Expenditureoncharitable
activities:DaisyLodge Unrestricted Restricted Total Total
funds funds 2024 2023
GrossSalarycosts 90,360 576,320 666,163 698,434
Volunteeringexpenses 336 336 234
Mortgageinterestandbankcharges 11,477 11,477 14,759
Trainingandrecruitment 5,233 5,233 16,503
Travel 8,598 8,598 3,833
Motorexpenses - - 534
Printing,postageandstationery 7,749 7,749 2,210
Repairsandmaintenance 124,170 90,971 123,180
Telephone 12.208 12,208 16,737
Heatandlight 84,864 84,864 62,251
Insurance 8,114 8,114 5,840
Miscellaneousexpenses 11,181 11,181 7,130
Communications&awareness 33,831 33,831 38,026
raising
WebsitecostsandCRM 26,601 26,601 39,313
Depreciation 37,912 517 38,429 44,940
Cleaning,hygiene&laundry 5.146 5,146 11,747
NarniaGardenProject 2,199 2,199 9,357
NamiaLogCabinrunningcosts 15,817 15,817 3,964
Foodprovision 71,073 71,073 38,662
Parentalspecialist - 33,959
Othersiteexpenses - 300
HRExpenditure 11,074 11,074 8,873
Legalandprofessional 9,003 9,003 4,915
576,946 576,837 1,153,783 1,185,701

12.Expenditureoncharitable
activities:Services
Unrestricted Restricted Total Total
funds funds 2024 2023
Restated
GrossSalarycosts 302,732 639,159 941,891 775,591
Volunteerexpenses 393 393 8,307
Heatandlight 2,892 2,892 5,266
Telephone 14,300 14,300 13,659
Printing,postageandstationery 9,078 9,078 10,234
Travel 74,166 74,166 3,77I
Trainingandrecruitment 6,130 6,130 9,642
Mortgageinterestandbankcharges 13,445 13,445 12,599
Communicationsandawareness 39,630 39,630 32,462
raising
YoungShoulders - -
Subscriptions - 264
WebsitecostsandCRM 31,162 31,162 33,560
Insurance 9,505 9,505 4,985
Appealscost - 3,858
Servicesresourcesandresidentials 21,530 21,530 30,500
SiblingSupportProgramme— 44,843 44,843 68,398
activities
Repairsandmaintenance 2,400 2,400 9,483
Depreciation 45,016 45,016 38,364
HRExpenditure 12,973 12,973 7,575
Cleaning 6,028 6,028 4,540
CommunityServicesSessional - 7,616
Miscellaneousexpenses - 3,836
Legalandprofessional 10,546 10,546 4,196
646,769 639,159 1,285,928 1,088,706

13.Governancecosts
Unrestricted Restricted Total Total
funds funds 2024 2023
Restated
Salariesandwages 48,243 48,243 43,152
Employerpensioncontributions 3,444 3,444 3,069
Auditors'remuneration 7,200 7,200 5,760
58,887 58,887 51,981
14.Tangiblefixedassets Land&
Furniture
Motor Total
buildings
&
vehicles
equipment
Cost
At1April2023 3,985,104
604,487
68,673 4,658,264
Additions 12,364 12,364
At31March2024 3,985,104
616,851
68,673 4,670,628
Depreciation
At1April2023 838,886
517,667
68,673 1,425,26
Chargeforyear 79,446
30,349
109,795
At31March2024 918,332
548,016
68,673 1,535,021
NetBookValue
At31March2024 3,066,772
68,835
- 3,135,607
At31March2023 3,146,218 86,820 - 3,23,038
15.Debtors 2024 2023
Accruedincome 235,986 17,988
Accountsreceivable 18,024
Prepayments 12,884 13,782
CancerFundforChildrenIreland (CFFCROI)(note30) 332,056 287,313
598,950 319,083

16.Cashatbank,ondepositandinhand 2024 2023
Cashatbankandhand 788,409 1,314,814
788,409 1,314,814
17.Creditorsamountsfallingduewithinoneyear 2024 2023
Bankloans - 192,334
Tradecreditors 9,106 40,877
Otherloans 50,000 50,000
Othertaxandsocialsecurity 48,478 42,968
Othercreditorsandaccruals 106,570 64,444
Deferredincome 88,322 247,750
302,476 635,373
2024 2023
18.Creditorsamountsfallingdueaftermorethanoneyear
Otherloans 500,000 550,000
Bankloans - 254,144
500,000 804,144
Analysisofmaturityofdebt:
Withinoneyearorondemand 50,000 249,320
Betweentwoandfiveyears 200,000 454,144
Afterfiveyears 300,000 350,000
550,000 1,053,464

19.Staffcosts 2024 2023
Wagesandsalaries 2,050,193 1,721,087
Employer'sNationalInsurance 182,875 167,841
Employer'spensioncosts 143,731 129,435
2,376,799 2,018,363
Theaveragemonthlynumberofemployeesforthe yearwasasfollows:
2024 2023
FullTime FullTime
No. No.
DaisyLodge 12 9
Incomegeneration 11 13
Services 22 16
Governanceandsupport 14 6
59 44
PartTime PartTime
No. No_
DaisyLodge 11 16
Incomegeneration 2 5
Services 8 9
Governanceandsupport I 1
22 31

.GiftsinKind
SOFA Balance Total
Sheet
Incomecategory: Source
Giftsinkind JamieJohnston 2,000 2,000
Giftsinkind TheOdysseyTrust 3,160 3,160
Giftsinkind Microsoft 19,178 19,178
Giftsinkind Nitec 6,966 6,966
Giftsinkind CHAMPCloud 3,400 3,400
Giftsinkind Fibrus 331 331
Giftsinkind URLResults 1,455 1,455
Giftsinkind Briefed 7,715 7,715
Giftsinkind King-spanWater&Energy 5,069 5,069
Giftsinkind TitanAC 660 660
Giftsinkind H&JMartin 35,040 35,040
Giftsinkind MercurySecurity 990 990
Giftsinkind VodafoncIreland 925 925
Giftsinkind BarringtonSecurity 186 186
Giftsinkind LiteOn 1,000 1,000
Giftsinkind GaryMcConville 1,099 1,099
Giftsinkind FireRiskAssessmentsNI 1,098 1,098
Giftsinkind JCBcs 1,500 1,500
Giftsinkind KMHygiene 515 515
Giftsinkind CogentAssociates 2,569 2,569
Giftsinkind ClubsReview 11,904 11,904
Giftsinkind CarbrookeMeats 7,760 7,760
Giftsinkind Finnebrogue 2,200 2,200
Giftsinkind Morrellis 2,000 2,000
Giftsinkind Ristretto 1,200 1,200
Giftsinkind Hovis 3,500 3,500
Giftsinkind McPolin 3,300 3,300
Giftsinkind SeanKelly 2,880 2,880
Giftsinkind MPRepairsservice 567 567
Giftsinkind RichardDot-man 1,000 1,000,
Giftsinkind Premierlaundry 1,025 1,025
Giftsinkind LadyAntheaForde 3,085 3,085
Giftsinkind BurrendaleHotelandcountryclub 3,500 3,500
andspa
Giftsinkind MountPantherfarm 3,197 3,197
Giftsinkind CocosChildrenAdventure 1,200 1,200
play-round
Giftsinkind MaudsIceCream 5,200 5,200
Giftsinkind MinistryofAgriculture 1,100 1,100
Giftsinkind FreshFoodCentreCastlewellan 1,600 1,600
Giftsinkind AddalittleSparkle 400 400
151,473 151,473

4.GiftsinKindcont'd
Expensecategory Subcategory 2024 2023
RepairsandMaintenance Administration 94,855 87,093
andIT
RepairsandMaintenance DaisyLodge 8,557 48.587
LegalandProfessional HR - 730
Expenditure
Miscellaneousexpenses Website - 1,455
Maintenance
Communications&Awareness Administration 11,904 -
andIT
FoodProvision Food 36,157 17,221
Provision
151,473 155,086

26.Statementoffunds2024
At31
March2023 Transfer Other At31
Income Expenditure s gains March2024
Unrestrictedreserve 3,394,396 2,567,182 2,318,752 50,000 3,692,826
Restrictedreserve
CFNI 17,915 423,311 441,226 - - -
AlanNappin - 50,000 50,000 - - -
OtherTrusts&charitable - 254,750 254,750 -
foundations -
Rank 17,037 29,615 16,541 - - 30,111
YoungLivesVCancer(Clic - 28,941 28,941 -
Sargent)
UlsterGardenVillages - 70,000 70,000 - -
TheMcCiayFoundation - 50,000 50,000 - - -
BigLottery-DormantFunds - 12,146 12,146 - - -
BigLottery-Rise - 130,640 130,640 - - -
BigLotteryFund - 121,235 121,235 - - -
CommunityFundDL
StJamesFoundation - 30,000 30,000 - -
TheHouseofVic-Ryn - 10,000 10,000 - - -
DaisyLodgeCapital 517 - 517 - - -
35,469 1,210,638 1,215,479 - - 30,111
Totalfunds 3.429.865 3,777,820 3,534,748 - 50.000 3,722,937

Analysisofassetsbetweenfund s
Currentassets/ Creditors
Fixedassets liabilities >]year Total
Unrestrictedreserve 3,135,607 1,057,219 (500,000) 3,962,826
Restrictedreserve - 30,111 - 30,111
3,135,607 1,087,330 (500,000) 3,722,937
apitalCommitments
herearenocapitalcommitmentsattheyear-end (2023:£NIL).
Cashgeneratedfromoperations 2024 2023
Netincome 293,072 (1,236)
Adjustmentsfor:
Financecosts 31,602 33,490
Investmentincome (9,478) (4,892)
Depreciationnetofdisposal 109,795 109,610
Movementsinworkingcapital:
(Inerease)/Decreaseinstocks - 8,274
(Increase)/Decreaseindebtors (279,867) (142,742)
Increase/(Decrease)increditors (190,563) 158,177
Cashgeneratedfromoperations (45,439) 160,681

ancesatyearendrepresentamountspayablefromCFFCROI.Atthey
standing:
erewasapaymentintransitat31/03/2024forE222,578inrespectofth
04/2024.
earendthefollowingam
eyearendbalancewhic
ountswere
hsettledon
2024 2023
DuefromCancerFundforChildrenIreland(CFFCROI) 332,056 287,313
332,056 287,313