Charlty number: NIC100580 Forum In Omagh for Community Understallding and Support Members, report and financial statements for the year to 31 March 2024 FOCUS Contents Page Legal and adrninistrative inforn]alion Tnjstees report Independent examiners, report Statement of fllwicial activities Balance sheet Notes to the financial statetnents 7-11 FOCUS Legal and administrative information Charity number NIC100580 Registered office 2nd Floor Conllnunity House 2 DrLllnragh Avenue OMAGH Secretary Hazel McGuigau Accountants O'DoDnell & Mellon 19121 C&8tle Street OMAGH Co. Tyrone Bankers First Trust Bantc East Bridge Street Enniskillen Co. FermaDAgh Pg4ge I FOCUS Report of the trustees for the Ye￿ ended 31 March 2024 The Trnstees present their report atjd the financial statsments for the year ended 31st March 2024. The TrLLStee8 who served during the year and up to the dat¢ of this report are detailed below, Structure? governance and management James Skwl observe the methods and principles in the Charities SORP. make judgem¢nts and estimvÉt¢s that are reasonable and prudent. state whether applicable UK Accounting Standards have been followed, gubject to any material departures disclosed and explained in the fmancial statements. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the will continue in operatioL The Tiustees Tesponsible for keeping proper accountÉug records which discl.08e with re&80nable accuracy at any tirne the fmancial position of the and enabl¢ TTUStees to ensur¢ that the fmancial statements comply with the Charity Act (Northern Ireland) 2008. TTUStees are also responsible for safeguarding the assets of th¢ and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees, have had regard to the Con]mission's Public benefit reouirement statutory gLiidan¢e. On behalf of tbe board 4J cGuig Secretary 20 February 2025 Charily Number: NIC100580 2nd Floor Community House 2 Drumragh Avenue Omagh Page 3 FOCUS Independent examiner's report to the Member5 on the unaudlted flnancial statements of FOCUS. We report on the financi￿ statements of FOCUS for the year ended 31 March 2024 which comprise the statement of fu]ancial activities, tile balance sheet and the related notes. Th¢s¢ financial statenLents have been prepared under the 'historical cost convention and tILe accoimting policies set out therein. Respective responsibilities of Members and independent examiner As the charity's membets you are r¢sponsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is oiw responsibility to state, on the basis of our examination whether parti¢Lilar llMtters have come to my att¢ntion. Basis of Independent examlner's stAtement Our examination includes a r¢view of the accounting records kept by the charity and a compaiison of tbe accounts presented with those records. It also includes consideration of any unusual items or disclosures iii the accounts, and seeking explanations fiDm you as mentheTS concerning any such ll￿tter$. The procedures undertakell do not provid¢ all the evidence that would be required in an aiidit, and consequently we do not express an audit opinion on the view given by Ihe accounts. Independent examiner's statsment Ill connection with our examination, no n￿tter has come to our attention: (i) which gives us reasonable Cause to believe that in any rnaterkal respect the requirements: to keep proper bool(s of account in accordance with S¢rtion 63 of the Charities Act. and to prepare accounts which accord with th¢ books of account and comply with the accounting reqUIr￿￿ent of the Act have not been niet- or (li} to which, in our opinion, attention should be drawn in order to enable a proper ￿￿erstandIng of the accounts I'o be reached. Joe Quinn O'Donnell & Mell Independent exam. er 19121 Castle Street, Omagh, Co. Tyrone. 20 February 2025 Page 4 FOCUS Statement of financial activities For the year ended 31 March 2024 Unrestricted Restrlctsd Deslgnated funds funil8 runds 2024 Total 2023 Total Notes Income and endowments from Donations and legacies Charitable activities Other 743 65,836 16,159 73,198 73,198 10,160 10,160 Total income and endowments 10,160 73,198 83,358 82,738 Expenditure on Charitable activities Other 2,340 3,550 79,993 82,333 3,550 75,435 3,208 Total 5,890 79,993 85,883 78,643 Net movement in fullds 4.270 (6,795) (2,525) 4,095 Total funds brought fotward 70,207 (50,084) 6,614 26,737 22,642 Total funds carried forwydrd 74,477 (56,879) 6,614 24,212 26,737 The Thotes on pages 7 to 11 form an integral part of these financial statements. Page 5 FOCUS Balance sheet as at 31 March 2024 2024 2023 Notes Fixed assets Tangible fix￿ asset8 Current assets Debtors Bank and cash 10,201 9,021 15,347 16,109 7,384 54,450 31,456 61,834 Credltors: amounts falling due within one year io (17,445) {44,118) Net current assets 14,011 17,716 Net assets 24,212 26,737 Funds Designated fijnds Restrictrd income fund8 Unrestricted incorne fLU]ds 6,614 (56,879) 74,477 6,614 {50,084) 70207 Total funds 24,212 26,737 The financial statements w￿e approved by the members on 20 Febrnary 2025 and signed on its behalf by Jim Sharkey Haz iga The notes on pages 7 to 11 form an integral part of these finan¢ial statements. Pagc 6 FOCUS Notes to the fmancial statements for the year ended 31 March 2024 AccountAng pollcfies The principal ￿COuntIng policies are Burnn￿sed below, The accounting policies have been applied consistently tbroughout the year. 1.1. Basts of accountlng and assessment of going concern The financial statelnents have been prepared under the historicaE oost ¢onvention and in a¢¢ordance with the Statement of Recon]m¢nd¢d Practtce: 'Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK (FRS 102) issued on 16 July 2014 and tbe Charities Act (Northem trelalld) 2008. The charity constitutes a public benefit entity as de'fined by FRS 102. The trustees consider that there are no material un¢ertaintie8 about the charit)Ps ability to ci)ntinue as a going ¢oncenL 1.2, Reconcfillatton wlth prevROU$ Generally Accepted Accounting Practice In Preparing the accoimt5, the t￿SteeS have considered wliether in applying the accounting policies requtted by FRS 102 and the ChaTlties SORP FRS 102 a reststemellt of comparative it¢ms wa8 lleeded. No Testatsment were Tequiied. 1.3. Cashllow The chuity has taken advantage of the cxemption in FRSI from the requirement to produce a cashflow Statement be¢3use it is a small ¢liaTity. 1.4. Incorning resources All incomtllg resources are included ill the statement of financial activities when the charity is entitled to the income and tbe amount ban be Quantified with reasonable accuracy. The following specifiL policies are applied to pai'ticul&T categories of inco]ne: Grants, including grants for the purchase of fixed assets, are re¥ognised ill full in the Statement of Financial Actkvities in the year in which they are receivable. 1.5. Resources expended Expenditure is recognised on an accrual basis as a liability is iyJcur£ed. Exp¢Thditure includes any VAT wknch cannot be fidly Tecovered, and is reported as part of the expenditure to which it relates. Resour¢e5 expended are recognised in the year in which they are incurred. Cost of charitable activities include governance Losts and support costs. Supporl costs are those costs incurred directly in support of expenditure on the objects of the ¢haTity and include project manag¢m¢nt. Page 7 FOCUS Notes to the fmancial statements for the yeAr ended 31 March 2024 1.6. Tangible fixed assets and depreciatlon Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rate& calculated to write off the cost less residual vaIue of each asset over its expected useful life, as follows: Fixtures, fittings and equipment 250/0 Reducing Balance Donations and legades 2024 Total 2023 Total Other 743 743 Income from Charitable activities Restricted funds 2024 Department for Commwiities We Care Project Housing Exe¢utiv¢ magh Groove and Sajnba Halifax 52,321 l8.777 52,321 18,777 55,245 74 11,176 3,341 {4,000) 2,100 2,100 73,198 73,198 65,836 other income Unrestrlcted funds 2024 Total 2023 Total Administration ch￿geS 10,160 10,160 16,159 10,l60 10,160 16,159 Page 8 FOCUS Notes to the financial statements for the year ended 31 Mareh 2024 Charitable actlvities Ch4rltable Governance Other Support costs 2024 Total 2023 Total a¢tlvltle costs We Care PIDject Omagh Groove & Samba Wages & salaries Oil Vouchers Community Cafe Staff travel Rent Heat & light Office insurallce Telephone Postage & statiollery Computer costs Trustees meetings Accountancy General Support costs (see below) 17,919 2,100 17,919 2,100 47,838 47,838 50.731 2,500 7.190 374 5,390 2,033 1,116 955 1,242 ioi 289 1,470 150 1,894 334 1,268 317 284 206 336 333 334 5,390 1,347 1.205 875 1,426 333 126 1,494 137 1,809 4,122 1,030 921 669 1,090 126 1,494 137 1.809 27,851 3,429 51,053 82,333 75,435 Support costs Rent Heat & light Office insiiiaThce Telephon¢ Postage & Stationery 951 238 213 155 252 1,809 Th¢ breakdown of support costs and I'heir allocation to governance costs are shown above. Ave￿ge staff time has been used a3 the basis oFappoTtionment, Other expenditure Ullrestricted fund8 2024 Total 2023 Total Bank charges Depreciatiou on FF & Equipment 436 3,114 436 3,114 201 3,007 3,550 3.550 3,208 Page 9 FOCUS Iyotes to the flnancial statements for the year ended 31 March 2024 Analysls of staff costs and remuneratAon of key management personnel 2024 2023 Wages and salaries 63.967 50,731 Wages in 2024 includes £16128.63 for an enwloyee working within th¢ We Care Project. The average llumb¢rs of employees during the year wa5 3 with all employ¢¢s time involved in provtding either support to the governance of the charity or support services to charitable activites. The charity considers its key managment personnel conjprise the tLUStees and tbe Co-ordinator. No members recevied rernuneration or expenses during the year. Ffixtures, fittings and equipment Tanglble flxed assets Total Cost At l April 2023 Additions 46,921 4,294 46,921 4294 At 31 MarLh 2024 51,215 51215 Depreclotion At l April 2023 Charge for the year 37,900 3,114 37,900 3,114 At 3 1 March 2024 41,014 41,014 Net book values At 31 March 2024 10,201 10,201 At 31 March 2023 9,021 9,021 Debtors 2024 2023 Dfc SIMndon Park Omagh Groove & Samba Connected companies 1,707 1,019 545 5,820 545 13,095 15,347 7,384 Page 10 FOCUS Notes to the financiAI statements for the year ended 31 March 2024 10. Creditors: amounts falling due wlthin one year 2024 2023 Partt'cipating interest creditor Accruals and defeffed incom¢ 5,796 38,322 17,445 17,445 44.118 Page 11