REGISTERED COMPANY NUMBER: N1033133 (Northern Irelalld) RII GISTERED CHARITY NUMBER: NIC 100565 ort of the Trustees and Financial Statements for the Yeai" Ended 31 December 2022 foi. Suiwivors of Trauiiia Liiiiite(I A Coiii Liiiiitcd b Guarantee Lyiin Di"ake & Co Ltd Chartered Accountaiits 1st Floor 34 B-D Main Street Moira Co. Armagh BT67 OLE
Survivors of Trauma Limited Conteilts of the Financial Slatements for the Ye9r Ended 31 December 2022 Page Reference and Administrative Detalls Report of the Trustees Indepeiident Examiner's Ileport Statement of Financial Activities Statenient of fi inancial P051tion 9 to 10 Notes to the FlnanciAI Statenient$ DetAiled Statement of FinAncial Activities 23 to 24
'Survivors of Trauma Limited Reference and Adininistrative Details foi. the Year Ended 31 J)ecember 2022 TRUSTEES Paul Maguire Ann Rowan (Treasurer) Patrick Murphy Joe Stewart (Cliairperson) Margaret Brown Miriam Mulhollaiid (appointed 271512022) COMPANY SECRETARY Patrick Murphy REGISTERED OFFICE St Si las Chiircl) 151 Cliftonville Road Belfast BT14 6JR RFGISTFRED COMPANY NUMBER N1033133 (Northern Ii-eland) REI GISTERED CHARITY NUMBER NIC 100565 INDEPENDENT EXAMINER Lynn Drake & Co Ltd Cliartered Accountants I st Flooi. 34 B-D Maiii Street Moii'a Co. Armagh BT67 OLL CHIEF EXEC OFFICER Marie Close BANK First Triist Bank I l- I S Doiiegall Square Noi1h Belfast BTI 5GB
Survivors of Trauma Limiteil Re ort of the Trustees for the Year Ended 31 Decembei. 2022 The trustees who are also directors of tlie charity for the pui'poses of the Companies Act 2006, present their report witli tlle financial statements of the charity for the year elided 31 December 2022. The triistees liave adopted the pi'ovisions of Accoiintiiig and Reporting by Charities.. Statement of Recominended Practice applicable to charities preparin8 tlieir accounts iii accordance with the Financial Reporting Staiidard applicable in tl)e UK and Repiibli¢ of Ireland (FRS 102) (effective l Janiiary 20I9), OBJECTIVES AND ACTIVITIES Objcctives aiid aims Siirvivoi-s of Trauma's maiii objectives are to offei. a support iietwork to all those people who liave been affected both directly and indirectly as a result of the 'Troubles'. Oui. cenlre acts as a catalyst for victims and survivoi's to coiitinue on their journey towai'ds Iiealiiig. Tlii'oiigl) mutual iii)derstand ing, friendship, ediication and thei'apy treatinents, Iisers of the Geiitre empower themselves to reintegrate back into society. Public benefit Sui'vivors of Trauma pi'ovid¢ services for victiiiis and Sui'vivors of tlie Nl 'ti'oubles' as defiiied uiider ilie Victiins ai)d Siirvivors (Nortli¢rii Irelaiid) Ordei- 2006. (a) soineone who lias been physically or psychologically inj ured as a resiilt of or iii coiisequence of a conflict related iiicideIit. (b) someone wlio provides a substaiitial amouiit of care 011 a regular basis for an iiidividiial mentioned above. (c) sonieone wlio has been bereaved as a resiilt of or iii ooiisequeiice of a conflict related incideiit. The rclief of those in need - The direct benefits tliat flow froin tliis piii'pose incliide., iinpi'ov¢d qiiality of life aiiioiigsl victiins aiid siirvivoi's of traiima liviiig iii tlie BT14 area through gi'eater access lo l)igli quality servic¢s that Ineets ideiitified iieeds. The advaiicciiient of health The dii'ect beiiefits tliat flow froin this purpose include: reduced levels of stress and anxiety, increased level of wcllbein8 for victims and siirvivors dcaliiig witli trauma. The advaiicemeiit of ediication The direct beiiefils that flow froin tliis piirpose include: eiiliaiiced iiiterpersonal skills, pci-soiial aiid pi'ofessional devolopmeiit. Pi'oviding rcci'eational facilities in the iiiterests of social welfare The direct bei)efits that flow fi'om ihis purpose iiiclude,, gi'eatcr sense of connectediiess, social inclusioii aiid acc¢ssibility to liigh qiiality services for victiins aiid survivors. 'Fhese beiiefits are demonstrated through Consistent Inoiiitoring aiid evaluation against qiiality standard frainework, beneficiary feedback and project evaluations. Benefits are deinonstrated through feedback and assessments, The trustees have had regard to CCNI'S giiidance 01) public benefit.
Survivors of Trauma Limited ort of the Trustees for the Year Ended 31 December 2022 ACHIEVEMEIYT AND PERFORMANCE Chairpersoii's Report A tentative return to normal service at tlie beginning of 2022 meant tliat Our Victims and Survivors Programme (VSP) slowly reached full capacity as we closed in oli oui. third quai'ter. We were then able to plan our activities for the coinin8 year with a little more coiifidence which was in Complete contrast to the previous two years of COVID. It has been a busy period foi. therapeutic serviccs with our CT team delivering over 500 hours of coinplementary therapies and a weekly timetable of talking tlierapies steady and consistent lip to yeai. end. Our social support programme pi'ovides opportuiiity for users to engage with one another helpiiig to reduce isolation for many. Classes this terin include yoga, paiiitiiig, bodl)ran Inakiiig, wood turning and bog oak carving as well as two separate genealogy worksliops aiid jewellery Inaking classes. Two daytrips took place this year one to Derry and Gleiiveagh National Park stoppiiig of for dinncr oli retiirn leg and another fun day out at ali Edeii Pottery Class in Millisle. In addition to the fuiided activity three voliinteer led projects coiitiniie to evolve and go froin streiigth to strength. We were both excited and delighted as oui. candlelight reineinbrance eveiiing i'eturned as a 'live' event this year. As ever ili¢ eveniiig was very well attetided and well received witli users comnieiitiiig on 'liow important tlie event is, and 'll's a great ¢veiiing for everyone to coine together in acknowledgeiiient,. We liave beeii siiccessfiil tliis year with a grant applicatioii made to the National Lottery Coinmiinity Fiiiid (People and Cominunities). Wc wei'e 1¢ bsolutely delighted to receiv¢ the fiinding which Ineant tlial we could carry out iiiiportaiit renovations to. tl)e I'oof wliicli liad fallen iiito disrepaii., the fiindiiig also Ineant that we Coiild iiistall solar paiiels. Tlie Halifax Foijndation Nl also Iielped lis greatly this year by fuiid iiig the aniiual ost of oiir cleaiiing service aiid a iiiandatoi'y olcctric iiispectioii. We woiild like to exteiid a siiicere tliaiik yoii to both tlie Lottery and to tlie Halifax Foiindalion for tlieir investiiient iii tlie woi'k of tlie orgaiiisalioii wliicli has really Inade a liugie diffei'eiice. Finally, a big thaiik yoii to Inanagcinei)t, staff, aiid voluiiteers for the dedicatioii aiid hard woi-k in liclpiiig to achieve oiir goals this year FINANCIAL REVIEW I'lie conipaiiy liad Iiet oiitgoiiig resoiirces for tlie year of £5,780 (2021 '. net oiitgoiiig resoLirces of £15,971), wliich I'ellected the coinplelion of a iiiimber of projects during tlie year. Uiii'esti'icte(I fuiids increased by £4,631. whilc resti'icted fuiids deci'eased by £1 0,411. Reserves Policy Tlie cliarity's pol icy is to retaiii a level of free reserves, which mat¢lies tlie needs of the oi'ganisation botli at the ciii'rent time and in the foreseeable future. I'lie cliarity has developed a plaii to establ isli aiid mainlaiii this agi'ced level of frec r¢sei-ves, Tho cliarity will coiitinue to Inonitor coinpliance with this pol icy oli a I'eglilar basis and the Board will review the appropriat¢iiess of the policy aiinually.
Survivors of Trauma Limited oi't of the Trustees for the Year Ended 31 December 2022 FUTURE PLANS As we entei. tlie final stages of a oiie-year exteiision to the Victiins and Siirvivors Prograinme we are preparing ourselves for another 'roll on, which will take us up to March 3 1st 2024, It is envisaged that a fiinding call for longer term prograinmes could well be 011 the table close to the end of 2023 and if successfiil it woiild provide us with some stability for longer terin planiiing. However, in tlie absence of a fully fusictioning Executive and the delay wilh the iiew victim's strategy inakes it difficult to plan aiiyth iiig beyond Ihis curi'ent fuiidiiig period. We continiie to work collaboi'atively with all our social Pic rtiiers iii lielping to shape tlie futiire landscape of the sector aiid pi'ioritise the liealtli aiid wellbeiiig needs of victiiiis and Slirvivors iii oiii. cominiiiiity. The I'ecent launcli of ihe Perinaneiit Disabled Payinent Scheme (PDPS) and tlie UK govei'nineiits Legacy and Reconciliatioii Bill have raised maiiy questions ainoiigst victims aiid survivors and organisations representing tlieir needs. There are considerable cliall¢iiges in regard to 'dealing witli the past, aiid the abseiice of any 'accountabilily' iii the UK L&R Bill 2022 is deeply concerniiig. We also coiitiniie to qiiestioii tlie cl igibility criteria of Ilie iiijui'ed payinent scheine tlIAt igiiores 'tlie bei'eaved,. Tlie orgaiiisatioii lias Inanaged qiiite wel I deinonstratin8 a ded irated pi'ofcssioiial approach to delivei'ing sei'vices aiid as evei. wc are ready for tlie chal lenges tliat lie aliead. STRUCTURE, GOVERNANCE AND MANAGEMfi NT Governiiig documcnt The cliai'ity is controlled by its goveriiing dociinient, a dc¢d of trust. aiid constiliites a liinited company, liiiiited by giiaraiitee, as defined by the Companies Act 2006. Recruitment and Appointment of new truslees Tlie method iised to reci'uit new trustees OJ)to ihe board is that of the boai'd networking throiigli there own contacts to fiiid soin¢oiie who fits the necessary reqLiirement at tlie time. Chai'itable Status and Rcgisti'ation Siirvivoi's of Ti-auina l.iinitcd was registered witli tlie Cliarity Coininission for Noitherii Irelatid on 19tli Aiigiist 2014. Its Cliai'ity iiumber is NIC 100565.
. Survivoi"s of Ti'auma Limited oi't of the Ti'ustees for the Year Ended 31 December 2022 STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management Tlie principles of good governance are einbedded witliin all aspects of Survivoi's of Ti'auina Liinited operations witli manageinent and staff being keenly aware of tlie Boards responsibility of eiisuriiig that the orgaiiisatioii protects itself from finalicial exposure aiid reputatioiial dainage, A close working i-elationship is Imaiiitained betweeii the Board and Inaiiagcinent to ensui'e tliat operationally staff are aware of the standards reqiiired of tliem by the Board and tlie Board ar¢ always in a positioi) to provide guidaiice aiid support to manageinent in the discharge of their diities. I'his two way relationship is tlie key feature of Survivors of Trauma Liiiiited goveriiance arrangements and is a key sti'eiigtli in the coinpai)y. A conscientious approach to ensiiriiig that contractiial Iii'oject requ ireinents are acliieved has beeii iiiaiiitaiiied at all tiines both iii tlie accouiitiiig period being I'epoiled oli aiid siiice Siii'vivoi's of 'fraiiina Liinited establishinent, Very tiglit financial coiitrols on cxpeiiditiire ai)d al I finaiicial coininitineiils al'e Inaiiitaiiied at all times aiid project staff have beeii traiiied aiid liave becoinc experieiiced in budgetary conlrols,Iii botli tliese arca5 ie Project delivery aiid financial controls Inaiiageiiient all staff have established close working relatioiisliips with fundiiig organisations to ensure all Inaiidatory staiidards are coiisistently achieved. ljoard represeiitatives also actively engage with fundiiig bodies, Tlie Board, maiiageinent and staff are fill ly awai'e tliat tlie iiatiii'e of tlie work in wliich Siirvivors of Trauina Limited is iiivolved cali briiig witli it a liigh level of scrutiiiy to eiisui'e that all activitics are fiilly coiiipliaiit with fiiildiiig reqii irements and,therefore, beyond reproacli.I'lic Board of Siirvivors of Traiima Liniited is, therefore, gi-eatly i'eassured of th¢ ¢ompaiiy's compliaiic¢ witli tlie higliest of staiidards of governaiice on the basis tliat all moiiitoring and evaliiatioi) of project delivery deinonstrates acliieveiiient of all fundei's objectives and tliat fiiiidei-s, aiidits aiid voiicliiiig of fiiiaiicial ¢xi)eiid itiii'e aiid tlie Indepeiident Exaiiiiiici's Report coiifiriii coinpl iaii¢¢ witli botli probity and regiilarity iii tlie usc of Inoiiies received. EVENTS SINCE THE END OF THE YEAR Informatioii relating to events siiice tlie end of tlie yeai. is given iii tlie noles to tlie fiiiancial statei)ieiits, STATEMENT OF TRUSTEFS, REI SPONSIBILITIEI S Tl)e trustees (who are also ilie directoi's of Sui'vivoi's of Traiiina I,imited for the piiri)oses of coinpaiiy law) are responsible for prepariiig tlie Report of tlie Triistees and Ilie fiiiaiicial stateineiits iii accoi'dance ivilh appl icable law and United Kingdoin Accoiintiiig Staiidards (Uiiitcd Kingdoni Geiierally Accepted Accountiiig Practice) includiiig Fii)aiicial Reportiiig Standard 102 'The financial Ileportiiig Standard appl icable iii tlie UK arid Republic of Irelaiid Coinpaiiy law rcqiiii'es the trustees to prcpai'e fiiiancial stateinents for eacli fiiiancial year wliich give a true and fail. view of the state of aft"aiiE of tlie charitable conipany aiid of the iiicoiniiig I'esources and application of I'esources, including tlie income and exp¢iiditiire, of the chai'itable compaiiy foi- that period. In prepai'iiig those financial stateineiits, the trLlStees are reqii ired to select suitable accouiitiiig policies and then apply thcin consistently. observe the Imetliods aiid priiiciples in the Chai'ity SORP, Inake judgciments aiid estimates that are reasoiiable aiid priident. prepai-e the fiiiancial stateiiients on the goiiig concerii basis unless it is inappropriate to presiime tliat th¢ charitablc company will continue in business.
Suiwivors of Trauma Limited ort of the Trustees for the Yeai. Ended 31 December 2022 STATEMENT OF TRUSTEES, RESPONSIBILITIES- coiitinued The trustees are respoiisible for keeping proper accounting records which disclose with reasonable accuracy at any tiine tlie financial positioi) of the charitable coinpany and to eiiable them to eiisure that the financial slateineiits coimply witli the Companies Act 2006. Tliey are also responsibl¢ for safeguarding tlie assets of the cliaritable company and hence for taking reasoiiable steps for the preveiition and detectioii of Iraiid aiid otlier irregularities. This repoit has beeii prepared in accordaiice willi the special provisions of Part 15 of the Coinpaiiies Act 2006 l'elatiiig to small companies, Approved by order of the board of triistees on 14 February 2023 and si8n¢d on its belialf by.. -wiJ
,Inde endent Examiner's Re ort to the Trustees of Survivoi's of Trauma Limited I report on the accounts of the con)pany for the year ended 31 December 2022, which are set out on pages eight to twenty two. Respeetive responsibilities of charity trustees and examiner As the charity's trustees (and also the directors for the purposes of coinpany law) yoii are responsible for the preparatioii of the accouiits in accordance with the requirements of the Compaiiies Act 2006. Having satisfied myself that the charily is not siibject to audit under conipaiiy law and is eligible for iiidep¢iidant examination, it is Iny I'espoiisibility to: exainiiie the accounts undei. section 65 of the Charities Act follow tlie pi-ocediires laid down in the general Directions given by tlie Chai'ity Coinmission for Nortliern Ireland under Section 65(9)(b) of the Cliarities Act state whethei. particular matters have come to iny attentioii. Basis of the ind¢pendent examinels repoit I have exainiiied your chai'ity accoiints as required under section 65 of the Charities Act and iny examiiiatioii was cari'ied out in accordaiice witli tlie general Directions giveii by the Charity Coiniiiissioii for Northerii Ireland linder section 65(9)(b) of tlie Cliai'ities Act, The examiiiation incliided a review of tlie accounting recoi'ds kept by tlie charity aiid a compai'isoii of tlie accoiiiits presented with those records. It also iiicluded coiisidei'ation of any iiiiiisiial iteins or disclosures li) the accoiiiils, and seeking explanations from you as charity triistees conceriiing any such Inatters. My role is to state whetlier any Inaterial Inatt¢rs liave come to Iny atteiitioii giving me cause to believe: l . That accouiitiiig records wei'e iiot kept in accoi'dance witli sectioii 3 86 of the Coiiipaii ies Act 2006 2, Tlial tlie accounts do iiot accord with tliose accouiiting records 3. Tliat tlic accoiints do iiot coniply witli tlie accouiiting I'equ ii'eiiieiits of sectioii 396 of tlie Coiiipaiiies Act 2006 L2iid with tlie Illethods aiid priiiciples of the Cliaritics Statcmeiit of Recominended Practice applicable to charities pi'ei)ariiig tlieii- accoiints iii accoi'daiice witli th¢ Fiiiaiicial Reportiiig Staiidard applicable iii the UK aiid Republic of Irelaiid 4. Tliat tliere is fiirther iiiforinalioii Iieeded for a proper iinderstand ing of the accoiints to be reaclied. Indepcndcnt cxaminer's stfttement have cotnpleted iny examiiiatioii aiid liave iio coiicei'iis iii I'cspecl of tlie Iiialtei's ( l ) to (4) l isted above and, iii coiiiiection witli following tlie Directioiis of tli¢ Cliarity Coiiiinissioii for Noitliern Ireland, I have foiind iio iiiattei's tl)al I'equire drawing to yoiir att¢Jitioii. Mi, Billy Lyiiii Drake & Co Ltd Cliai-lered Accouiitants I st Floor 34 B-D Main Street Moira Co. Armagh BT67 01.E 14 F¢bruary 2023
Survivors of Trauma Limited Statement of Financial Activities Incor oratin an Income aiid Ex en(liture Account foi. tlic Year Ended JI Dccemb¢r 2022 31.12,22 Total funds 31.12.21 Total funds Unrestricted Restricted fund funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 1.902 1,902 690 Chllritable activities Grants Receivable 193,844 193,844 131.042 011)er trading activities Oth¢i' iiicome 2,946 348 2,946 348 2.825 Total 5,196 193,844 199,040 134,557 EXPENDITURE ON Cl)aritable activities Cliai'ilable Activities Govcriiaiice 565 202,016 2,239 202,581 2,239 148,485 2,043 'rotal 565 204,255 204,820 150,528 NET INCOMEI(EXPENDITURE) 4,631 (10,411) (5,780) (15,971) RECONCILIATION OV FUNDS Total fLinds broiiglit forward 92,364 295,061 387,425 403,396 TOTAL FUNDS CARRIED FORWARD 96,995 284,650 381,645 387,425 The fiotes forin part of tliesc finanLial slatements
Survivors of Trauma Limited Statement of Financial Position 31 December 2022 31.12.22 31.12.21 Notes FIXED ASSKTS Tangible assets 10 301,085 314.087 CURRENT ASSETS Debtors Casli al bank 3,596 80,234 3,620 73,579 83,830 77,199 CREDITORS Ainoiiiits fal liiig due within one yeai. 12 (3.270) (3,861) NET CURRENT ASSFTS 80,560 73,338 TOTAL ASSETS LESS CURRENT LIABILITIES 381,645 387.425 NET ASSE¢ TS 381,645 387,425 FUNDS Uiii'estricted fiiiids Restricted funds 14 96,995 284,650 92,364 295,061 TOTAL FUNDS 381,645 387,425 The cliaritable company is eiititled to exeinptioii froin aiidit under Section 477 of the Companies Act 2006 for tlie year elided 31 Deceinbei. 2022. The Ineiiibei's have not I'eqiiired tlie coinpany to obtaiii an audit of its financial stateineiits for the ycar elided 31 Deceinber 2022 in accordaiice witli Sectioii 476 of ihe Coinpanies Act 2006. The ti'ustees ackiiowledge their i-esponsibilities for (a) ensuring tliat the cliai'itable coinpany keeps accouiiting records tliat coiiiply with Sections 3 86 aiid 387 of the Coinpanies Act 2006 aiid (b) preparing financial stateinciits which give a triie and fair view of the state of affaii's of the chai-itable coinpaijy as at th¢ end of eacli finaiicial year and of its surplus or deficit for each financial year in accordaiice witli the requireinents of Sections 394 aiid 395 and whiGli otherwise comply with tlie requii-ements of tlie Compantes Act 2006 relatiiig to fiiiancial stateinents, so far as applicable to the charitable coinpany. The notes forin part of these finaiicial stateineiits contii)ued...
Suiwivors ofTrauma Limited Statement of Financial Position- continued 31 Decembei" 2022 These finaiicial statements have been prepared iii accordance witli tlie provisions applicable to charitable coinpanies siibject to the small coinpanics regime. The financial stateinents w¢i'¢ approved by Ilic Boai'd of Trustees and authorised for issue on 14 February 2023 and were signed on its behalf by; Joe Siewait (Chairpersoii) - Trustee Anii Rowaii (Treasurer) - Triistee 'I'lie iiot¢s form part of these fii)aii¢ial statements 10
Survivors of Trauma Limited Notes to tlie Vinancial Stateiiients for the Year Ended 31 Deceniber 2022 ACCOUNTING POLICIES Basis of preparing the financial statements (a) General iiiformalion and basis of preparation Siirvivors of Trauma Limited is constitiited as a company limited by giiarantee incorporated iii Noi'thern Ireland (N1033133). In the event of the charity beiiig woiild up, the liability in respecl of the giiaraiitee is l imited to £ I per Inember of tlie charity. The charity constitiites a public beiiefit entity as defined by FRS 102. The fiiiaiicial statenieiits have beeii prepared in accoi'dance with Accoiiiiting and Reportiiig by Charities,. Stateii)eiit of Recoinineiided Pi'actice applicable to charities preparing their accouiits IT) accordance with tlie Financial Reporting Standard applicable iii the UK and Republic of Ireland (FRS 102), the Financial R¢poiti118 Standard applicable iii tlie Uiiited Kingdoin and Republic of Ireland (FRS 102), the Charities Act (Northerii Ii'elaiid) 2013, the Companies Act 2006 and UK Generally Accepted Practice as it applies from l Janiiary 2015. The financial statemeiits al'e pi'epai'ed on a going coiicei'n basis uiidei. the liistorical cost coiivcntion, Inodified to incliide certain it¢ins at fair valiie. Tlie fiiiaiicial slateincnts are pi'esented iii slci'liiig whicli is the functioiial cui'rency of tlie cliarily.. The sigiiificant accoiintin8 policies applied ii) the preparatioii of these fiiiaiicial statements are set oiit below. These policies have been consisteiitly applied to all years presented uiiless otherwise stated, (b) Fun(Is Uni'estricted funds al'e available for iise at the discretion of the triistees in furtherance of tlie geiieral objectives of tlie charity aiid whicli Iiave iiot beeii des ignated for otlier purposes, Restricted fiinds are fuiids wliicli are to be iised iii accoi'daiice witli specific i'estrictioiis iiiiposed by donors oi. which have beeii raised by tlie cliai'ity for pai'tiCLilar piirposes. Tlie cost of raisiiig and adiniiiisteriiig siich funds are cliai'ged against ilie specific fuiid. Tlie aiiii and use of ea¢h I'estrictccl fund is set out iii tlie iiotes to th¢ fiiiancial slateinents. Fiirtlier explanatioii of the natiire aiid purpose of each fuiid is included in tlie iiotes to Ilie finaiicial stateiiients, (c) Income recognition All incoming resources are included iii tlie Siatement of financial Activities (SOFA) wlien tlie cliarity is legally entitled to tlie income after any performaiice coiiditions have been met, the amount can be measured I'eliably and it is probable that tlie iiicoine will be received. For doiiations to be recognised the charity will have beeii notified of the amoiints and the settlement date in writing. If thei'c are conditioiis attached to the donatioii and this requires a level of perforinance before entitlcm¢nt can be obtaiii¢d then income is deferred until those conditions are fully met or the fulfilinent of those conditioiis is within tlie control of the charity and it is probable Ihat they will be fulfilled,Voliintaiy income is r¢ceived by way of grants, donations and gifts and is included in full in the Statement of Fiiiancial Activities (SOFA) when receivable. Incoine received from collections is recogiiised wheii received. coiitiiiued...
Survivors of Trauma Limited Notes to the Fiiiancial Statenients continued for the Year Ended 31 Deceniber 2022 ACCOUNTING POLICIES- continued Basis of preparing the financial statements Donated facilities aiid donated professional services are recognised in incoine at their fair value when their economic benefit is probable. it can be Iiieasiired reliably and the charity lias conti'ol over the iteni. Fair valiie is determined on the basis of the V411ue of the gift to tlie charity. For example the amouiit the cliarity woiild be willing to pay in tlie opeii inarkel foi. such facilities and services. A corresponding ainouiit is recognised iii expenditiii'e. No amouiit is included iii the financial statements for voluiiteer tiine in line with the SORP (fRS 102). Fiirtl)er detai l is given in the Trustees, Anniial Report. For legacies. eiititlement is the earlier of the cliarity being notified of an iinpend ing distribiition or the legacy beiiig reccived. At this poiiit iiicoine is recognised. On occasion legacics wil I be notified to the cliai'ity however it IS Ilot possible lo Ineasiii-e the ainount expected to be distributed, On these occasions, tlie legacy is treated as a contiiigent asset aiid disclosed. liicoine from trading activities incliides iiicoine eai-iied froin fuiidraisiiig eveiils aiid irad iiig activities to raise fuiids for the cliarity. Incoine is r¢ceived in exchange foi. siipplyiiig goods aiid services iii oi'dei. to raise fiiiids aiid is recognised wlien entiilenieni has OCCLirr¢d. Tlie cliarity receives governinent graiits which are detailed wiihiii tlie iiotes to tliese fiiiancial statcineiits. Iiicome from goveriiiiient and other gi'ai)ts al'e recogiiised at fair valiie wheii tlie cl)ai'ity has entitleincnt after any pei'foi'mance coiiditioiis have beeii In¢t, it is probable tliat tlie iiicoiiic will be received and the ainoiiiit cali be Ineasiired reliably. If eiilitleinent is not iiiet tlien tliese ainouiits are deferred, (D) Expenditiure recognition All expenditlire is accounted for oli an acci'iials basis, inclusive of VA"r whicli caiiiiot be recovered aiid has beeii classified iindei. Iieadings tliat aggregat¢ al I costs related to tlie category. ExpciidilLire is recogiiised wliei'e tliere is a legal or coiisli'uctivc obligatioii to Inake payineiits to third pai'ties, it is probable tliat tlie settlemeiit will be reqiiii'cd aiid tlie aniouiit of the obligatioii cali be Ineasiircd reliably. It is ¢at¢gorised uiider tlie following lieadiii8S: Costs of raising funds incliides the costs associated witli attracting voluntaiy incomes. Expenditiire 011 charitable activities incliides tliose costs incui'i'ed by thc charily in thc d¢1 iveiy of its activities and services for its beiieficiaries. It iiicludes both costs tliat can be allocated directly to such activities and Ihose costs of ali indirecl natiire iieccssaiy to siipport tliem; and Otlier expeiiditure represeiits those items Jiot falliiig into the categories above. Ii'recoverable VAT is chai'ged as an expeiise against tlie activity for which expenditure arose. Graiits payable to tliird paities are withiii tlie charitable objectives. Where uiicoiiditional gi-ant8 are offered, this is accrued as sooii as the recipieiit is iiotified of the grant, as this gives I'ise to reasonable expectatioii that the recipient will receive Ilie grants. Wher¢ gi'ants ar¢ conditional relating to perforiiiaiice then tlie grant is only accrued when any unfulfilled coiiditioiis are outside of tlie control of the charity. (e) Support costs allocation 12 coiitiiiiie(l.
Suivivors of Trauma Limited Notes to the Financial Statemejits - continued ror the Year Ended 31 December 2022 ACCOUNTING POLICIES - continued Basis of preparing the financial statements Siipport costs are those iliat assist the work of the charity biit do not directly represent charitable activities and include office costs, governaiice costs, admiiiistrative payroll costs, They are inciirred directly in siipport of expenditiire on the objects of the charity and iiiclude pi'oject Inai)ageinent cari'ied out at Headquartei's. Where support costs cannot be directly altribiited to parti¢ulai- headiiigs tliey liave been allocated to cost of I'aisiiig fuiids and expeiiditure oli cliaritable activities on a basis COl)SiSteiit with use of the resources. Premises overheads have been allocated on an insert detail basis and otlier overheads have been allocated oil a basis coi)sistei)t with tlie use of I'esources, Fiind-raisiiig costs are those incurred in seekiiig voluiitary coiitributioIis aiid do not iiicliide the costs of disseminating iiiformatioii in suppoit of Ilie cliaritable activities. (Q Tangible fixed assets Tangible fixed assets are stated at cost less accuinulated depreciatioii aiid accumulated iiiipaii-nient losses. Cost iiicludes costs directly attribiitable to inaking tlie asset capable of operating as iiitended, Depreciatioii is provided oil all tangible fixed assets, at rates calciilated to write off tlie cost, less estiiiiated I'esidual value, of each asset oli a systeiiiatic basis ovci. ils expected useful l if¢ as follows., Fi'eehold Property Fixtui'es and Filtings Coinpiiter Equipinent 4% Rediicing Balance I 00/0 Reducing Balance 250/0 Straight Liiie (g) Financial Instruments A fiiiancial asset oi. a finaiicial liability is I'ecogiiised oiily when the charity beconies a pai'ly to tlie coiilractiial provision of tlie iiistriiinent. Basic fiiiancial iiisti'iiineiits are initially re¢ogiiised at the ainolints receivable or payable iiicliidiiig aiiy related traiisaction costs. Current assets and current liabilities are subsequeiitly Ineasured at tlie cash or other consideratioii expected to be paid or relived aiid not discoiinted. Debt iiistriiiiients are subsequeiitly Ineasured at ainortised cost. Wliere investments in shares are piiblicly traded or their fair value can otherwise be Ineasured reliably, the investment is siibseqLiently measured at fair valiie with changes iii fair valiie recogiiised in income aiid expendttiire. All other such investmeiits are subseqiiently measured at cost less impairinent. Othei. fiiiaiicial instruiiients, inoluding dei-ivatives, are ii)itially recognised at fair value, Liiiless payinent for an asset is deferred beyond norinal biisiness terms or financed at a ratc of interest that is not a Inarket rate. in wliich case th¢ asset is iyjeasiired at tlie present valiie of the futiire paymeiits discoiinted at a inarket l'ate of interest for a siinilar debt instriiinent. Other financial instrLimeiits are subseqiiently Ineasured at fair vallie with any changes rccogiiised iii Ihc stateiiieiit of finaiicial activ ities, with the exception of hedgiiig instrunients iii a designed liedging relatioiiship. 13 coiitinued,..
SU1Vors of Trauma Limited Notes to the Financial Statements - continued for the Year Ended 31 Deceinber 2022 ACCOUNTING POLICIES - eontiiiued Basis of preparing the financial statenients Financial assets that are Ineasiired at cost or ainoitised cost al'e reviewed foi- objective evidence of iiiipairinent at tlie eiid of each reportiiig date. if there is objective evideiice of impairineiit an impairinciit loss is recogniscd under the appropriate headiiig in the stateiiieiit of fiiiancial activities in wliicli the initial gaiii is recogiiised. Foi. all equity instruments regardless of significance, aiid other fiTiancial assets that are individual ly significant, these are assessed iiidividually for impairiiient. Other financial assets are eitlier assessed individually or grouped on the basis of siinilai. credit risk cliaracteristics. Aiiy reversals of iinpaii'ineiit are recogiiised iinined lately, to the extent tliat the reversal does iiot resiilt in a Garrying anioiiiit of the financial asset that exceeds what the carrying ainount would hav¢ beeii had the iiiipairinent not previoiisly been recogiiised. (h) Iinpalrment Assets Ilot ineasiired at fail, value are I'eviewed for ai)y iiidicatioii that ihe asset Inay be iiiipaired at ¢ach balance slieet dale. If sucli indicatioii exists, tlie I'ecovei'able ainoLint of tlie asset, or the asset's casli generating unit, is estiiiiated and conipai'ed to tli¢ cariying aiiiouiit, Where tlie carrying airoiint exceeds its recoverable ainoiiiit, an inipaii'ineiit loss is I'ecognised in profit or loss unless the asset is cai'ried at a revalued aiiiouiit wliere the impaii'meiit loss is a rcvaliiatioii decrease. (R) Provisions Provisioiis al'e recogiiised when the cliarity has ali obligatioii at the balaiice slieet date as a resii It of a past event, it is pi'obable that ali outflow of econoiiiic beiiefits will be required in settleineiit and tlie aiiioiiiit can be reliably estiii)ated. U) Leases Assets acqiiired under fiiiance leases are capitalised and depreciated over the shoiter of the lease teriii aiid the expected useful life of the asset, Miniinuin lease payinenls are apportioiied betweeii the fiiiaiice cliai'ge and the reduction of the outstaiidiiig lease l lability using tlie effective iiiterest Inethod. Tlie related obligatioiis, net of future finaiice charges, are incliided iii creditors, Rentals payable and receivable under operating leases are charged to the SOFA on a straight line basis over the period of the lease. (k) Tax No provisioii is reqiiired for taxation as tlie conipaiiy is defiiied as a charity for taxation piirposes. The cliarity is a registered charity and so siich is entitled to certain tax exemptions on income and profits froin investments and surpluses on any tradiiig activities cai'ried on in fiirtlieranc¢ of the charity's priinary objectives, if tliesc profits and surpliises are applied solely for cliaritable pui'poses. (l) Going concern 14 coiitiiiued...
Survivors of Trauma Limited Notes to tlie Financial Statements - continued for the Year Ended 31 December 2022 ACCOUNTING POLICIES- continued Basis of preparing the financial statements The financial stateinents have been prepared 011 a going concerii basis as the trustees believe that no Inaterial uncertainties exist. The triistees have considered tlie level of fiinds lield and tlie expected level of incoiiie and expenditiire for 12 moiiths from authoi'isiiig these financial statements. Tlie biidgcted iiicome and expeiiditure is siifficient with the level of reserves for the cliarity to be able to coiitiiiuc as a going concern, (m) Judgements estimates The following judgemeiits including tliose involving estiniates tliat have been Inade in the process of applyiiig the above accoiiilting policies tliat liave had the Iiiost sigiiificaiil effect on the amounts recognised iii the financial stateineiits and Iliat liave a significaiil risk of caiisiiig a Inaterial adjustineiit to the cai'rying amouiits of assets aiid liabi lities within the next financial year.. (i) depreciation metliod and asset iiseful lives Tlie estiinates and assiimptions are reviewed oli an oiigoing basis considering the current aiid fiiture market coiiditions. Financial reporting standard 102 - reiluced diselosui'e excmptions Tlie cliaritable coiiipaiiy lias takeii advantage of the fol lowiiig disclosiire exeniptions in pi'epariiig tliese financial statements, as pcrinitted by FRS 102 '1'lie Financial Reporting Staiidard appl icable iii the UK and Republic of li'eland,; tlie requirements of Sectioii 7 Stalemeiil of Casli Flows. Taxation Tlie company is a registered chai'ity and so SLICI) is entitled to certain tax exeinptioiis on incoiiie and profits froin iiivestineiits and sui'pluses 011 any ti'adiiig activities cari'ied oli in fiiithei'ancc of tlie chai'ily's priiiiary objectives, if tliese pi'ofits aiid siirpluses are applied solely for chai'itable purposes. Fun(1 accounting Unresti'icted fiinds can be used in accoi'daiice with the charitable objectives at the discrction of the trustees. R¢sli'icted fuiids can only be used for paiticular restricted piirposes witliin the objects of tlle charity. Restrictions arise when specified by the doiior or when funds are raised for particular r¢stricted piirposes. Furtlier explaiiatioii of tlie nature and purpose of each flind is included in the notes to Ihe finaiicial statements. Cash flow statement The chai'ity has taken advantage of the exeinption in the SORP from the reqiiirement to pi'oduce a cash flow because it is a small cl)arity. continu¢d...
SunTivors of Trauma Limiled Notes to the Financial Statcmeiits - Continued for the Year Ended 31 December 2022 DONATIONS AND LEGACIES 31.12.22 31,12.21 Gifts Donations 1.650 252 690 1,902 690 OTHER TRADING ACTIVITIES 31.12.22 31,12,21 Baiik Iiiterest Rooiii Flire 24 2,922 24 2,801 2,946 2,825 INCOME FROM CHARITABLE ACTIVITIES 31,12.22 3112.21 Activity Grants Receivable Gi'aiits 193,844 131,042 Gi'aiits received, incliided in the above, al'e as follows.. 31.12.22 31,12.21 Halifax fouiidatioii Victiiiis & Siirvivoi's Service National Lolt¢iy Coinmuiiity Fund 3,870 126,252 63,722 131,042 193,844 131,042 CHARITABLE ACI'IVITIES COSTS Siipport cosls (see note 6) Dlrect Costs Totals Charitable Activities Governaiice 202,581 202,581 2,239 2,239 202,581 2,239 204,820 16 continiied...
Survivors of Trauma Limiled Notes lo the Financial Statemcnls - continued for tlic Year Ended 31 December 2022 SUPPORT COSTS Goveriiance costs Governance 2,239 Support costs, included in the above, are as follows: 31.12.22 31 12.21 Total activities Governance Independent Examiners Fee Accountaiicy Fee Baiik Charges 480 1,200 559 504 1,200 339 2.239 2,043 NET INCOMEI(EXPEI NDITURE) Net incomc/(expenditiire) is stated after cliai'gingl(¢i'editing)'. 31.12.22 31 12.21 Iiidependeiit Exainiiiers Fee Accoiintaiicy Fee Dcpi'cciatioii - owiied assets 480 1,200 13,002 504 1,200 13,539 TRUSTEESI RKMUNIRATION AND BENEFITS There were no triistees, i'emuneration oi. other benefils for the year ended 31 Deceinber 2022 nor for tlic year elided 31 December 2021, Trustees, expeiises Tliei'c were no trLlStees' expenses paid for the yeai. elided 31 December 2022 nor for the year ended 31 Deoeinber 2021. l7 coiitiniied...
Suiyivors olTrauma LimAted Notes to the Financial Startcments - continued for the Year li nded 31 December 2022 STAFV COSTS 31,12.22 31.12.21 Wages and salaries Social security costs Otlier pension costs 68,795 I,487 I,481 69,505 1,936 1,524 71,763 72,965 The average monthly iiuinber of employees during the year was as follows: 31.12,22 31.12.21 Maiiageinent & Administration No eniployees received enioluments iii excess of £60,000. Tlie key Inaiiageincnt personnel of the charity is the Chief Executive Officer. The salary paid to the Chief Execiitive Officer during tlie year totallcd £20.050, (2021 £23,683) 10. TANGIBLE FIXED ASSETS Fixtures and filtings Frecliold property Coini)Iiter eqiiipin¢nt Totals COST At l Jaiiuary 2022 and 31 Deceinber 2022 778,382 100,633 11,336 890,351 DFPRFCIATION At l Janiiary 2022 Cliarge foi. year 466,347 12,481 99,931 71 9,986 450 576,264 13,002 At 31 December 2022 478,828 100,002 10,436 589,266 NET BOOK VALUE At 31 Deceniber 2022 299,554 631 900 301.085 At 31 Deceinber 2021 312,035 702 1,350 314,087 continued...
Suiwlvors of Trauma Limited Notes to the Fiiillncial Stalemcnts - coiitinued foi. the Year Ended 31 December 2022 11, DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.22 3112.21 Victims & Survivors Service 3,596 3,620 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.22 31,12,21 Social security and other taxes Acci'ued ¢xpeiises 905 2,365 1,413 2,448 3,270 3,861 13. ANALYSIS OF NET ASSFTS IIETWEEN FUNDS 31.12.22 Total fuiids 31.12.21 I'otal lunds Unresti'icted Restricted fund fuiids Fixed as.sets Current assets Ciirrent l labilities 312,935 (215,940) (11,850) 299,770 (3,270) 301,085 83,830 (3,270) 314,087 77,199 (3,861) 96,995 284,650 381,645 387,425 14. MOVEMENT IN FUNDS Net Inovcineiit IT) funds At 31112122 At 111122 Uiii'estrieted funds Geiieral fuiid 92,364 4,631 96,995 Resti'icted funds Capital Cjrant Release Victiiiis & Siirvivors Sei'vice Victiiiis & Sui'vivors Scrvice (Capital) Natioiial Lottery Cominuiiily fuiid 294,358 (12,481) 1,927 (71) 214 281,877 1,928 631 214 702 295,061 (10,411) 284,650 TOTAL FUNDS 387,425 (5,780) 381,645 19 coiitiiiued..
Survivors of Traurna Limited Notes to the FinAncial Statements continued for the Year Ended 31 December 2022 14. MOVEMENT IN FUNDS - contiiiued Net Inovement in funds, included in tlie above are as follows.. Incoming i'esoiirces Resoiirces expeiided Movenient in fuiids Unrestrkcted funds General fund 5,196 (565) 4,631 Rcstricted funds Capital Grant Release Halifax Foiiiidation (12,481) (12,481) 3,870 126,252 (3,870) (124,325) (71) (63.508) Vicliins & Survivors Service Victiins & Siirvivors Sei'vice (Capital) National Lottery Comniunity Flind 1,927 (71) 214 63,722 193,844 (204,255) (10,411) TOTAL FUNDS 199,040 (204,820) (5,780) Compai'alives for nioveinent in funds Net nioveinent iii funds At 31112121 Al 111121 Uni'estricted funils Genei'al fuiid 94,791 (2,427) 92,364 Restrlcted funds Capital Grant Release Victiiiis & Survivors Scrvice Victiins & Sui'vivors Sei'vice (Capital) 307,359 465 781 (13,001) (464) (79) 294,358 702 308,605 (13,544) 295,061 TOTAL FUIYDS 403,396 (15.971) 387,425 20 coiitinued...
Survivors of Trauma Limited Notes to the Fiiiancial Statemeiits - continued foR' the Year Ended 31 December 2022 14. MOVEMENT IN FUNDS- continued Comparative Iiet moveineiit in funds, incliidcd in tlie above are as follows: Incoming i-esoiirces Resources expeiided Moveiiient iii fiiiids Unr¢stricted funds Geiieral fund 3,515 (5.942) (2,427) Resti'icte(I funds Capital Grant Release Victiins & Survivoi's Service Victiins & Survivors Service (Capital) (13,001) (131,506) (79) (13,001) (464) (79) 131,042 131,042 (144,586) (13,544) TOTAL FUNDS 134,557 (150,528) (15,971) 15. CONTINGENT LJABILITIEI S A coiltingent liabi l ity exists at the year eiid to I'epay grants received slioiild certain conditions iiot be fiilfi Iled by the cliarity. 16. RKLA'fED PARTY DISCLOSURES Tliere were no related party ti'aiisactioiis for the year ended 31 Deceniber 2022. 17. POST BALANCI SHEET EVENTS 1'1iere were no events aftei. the reporting pei'iod thei'eforc no Inatcrial iSSLies need disclosed. 18. WINDING UP Every Ineiiibei. of the Coiiipany uiidertakes to contribiile to tlie assets of tl)e Coinpany, in tlie eveiit of tlie saine beiiig wouiid lip while it is a Ineinber, or witliiii one year after it ceases to be a Ineinbcr, for paymeiit of the debts aiid liabilitics of tlie Coinpany contracted before it ceases to be a moinbei., aiid of tlle costs, charges and expenses of wiiidiiig up, arid for tlie adjustment of tlie rights of the coiitributor's among theniselves, sucli aniount as inay be reqiiired iiot exceeding one poiind, 21 coiiliiiiied.
Survivors of Trauma Limited Notes to the Financial Statements - continued for the Year Ended 31 Deccmber 2022 19. SHARE CAPITAL The Coinpany is Limited by Giiarantee and has no Share Capital 20. COVID-19 The trLlSte¢s coiitiiiue to Inonitor the inipacl of Covid 19. The triistees believe there is no adjustiiig eveiits to i'epori aftei. tlie I'eportiiig date. The trLlStees will coiilinue to iiionitor the situation closely to secure th¢ viabiliiy of tlie organisation, 22
Survivors of Trauma Liniit¢d Detailed Statement of Fiiiancial Activities foi. the Year Ei n(led 31 December 2022 31.12.22 31.12.21 INCOME AND ENDowMNTs Donalions and legacies Gifts Doiiations 1,650 252 690 1,902 690 Other tradlng activitie5 Bank Iiiterest Rooin Hire 24 2,922 24 2,801 2,946 2,825 Charitable activities Graiits 193,844 131,042 Othei. incom¢ Otlier 348 Total incoming resources 199,040 134,557 EXPFNDITURE CharitAble activities Gross Salaries ER'S NIC Peiisioiis Riiles & Water Liglit & FIeat Telephoiie & Iiiternet Postage Stalioiiery & photocopy Tiitor costs Staff traiiiiiig Repaii's & Reiiewals Coiirse Matei'ials Cleaniiig expelises Insiirance People aiid Commiinities Project Costs Travel Residentials l Respite Coiinsell iiig Cai'i'ied foi-ward 68,795 1,487 1,481 339 7,739 1,058 1,069 6,351 69,505 1,936 1,524 244 6,789 2,538 1,687 4,227 1,205 4.664 6,105 90 3,240 2,637 63,508 64 3,769 1,500 169,232 1,030 2,259 1,068 400 99.076 This page does not forni part of the statiitoiy financial statements 23
Survivors of Trauma Limited Detailed Statement of Financial Activities for the Yeai. Ended 31 J)ecember 2022 31.12.22 31.12.21 Charitable activities Broiiglit forward Thei'apies Suiidries ResoLlI'ce Guide 3 Costs Food & Catei'iiig VSS Social Isolation Prograinine Emerging Needs Programm¢ Enviroiiineiital Costs Depii - fi'eehold Property Depii - Fixtiires & Fittings Dcpii - Coinputer equipm¢iit 169,232 20,145 50 99,076 17.952 29 5,503 844 720 9,040 1,782 13,001 79 459 152 12,481 71 450 202,581 148,485 Supi)oi't costs Govei'nance costs Indepeiid6iit Examiners Fee Accoiiiitaiicy f¢c 13aiik Cliai'ges 480 1,200 559 504 1,200 339 2,239 2,043 Tolal resoui'ces expeiided 204,820 150,528 Nct expenditure (5,780) (15,971) Tliis page does not form parl of tlie statutory finaiicial statenients 24