THE WELCOME PROJECT
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
Johnston Graham Limitsd
Chartered Accountants
216/218 Holywood Road
Belfast
BT4 1PD

THE WELCOME PROJECT
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
PAGE
Accountants Report
Income and Expenditure Acccount
Balance Sheet
Noles to the Accounts

THE WELCOME PROJECT
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
Accountants, Report
In accordance wth instructions given to us we have prepared, without carrying Out an audit, the Financial Statements
set on pages 1 to 3 from the accounting records of The Welcome Project and from the infomation and explanations
supplied to us.
JOHNSTON GRAHAM LIMITED
CHARTERED ACCOUNfANTS
DATE

THE WELCOME PROJECT
INCOME AND EXPENDrruRE ACCOUNT
FOR THE PERIOD ENDED 31 MARCH 2023
Restricted
TEO
Reslricted
Other
Unrestricted
Income
2023
Total
2022
Total
INCOME
OFMDFM
C￿operatIOn Ireland
Big Lottery
LCCC
STEP EUSS
NIHE
HMRC- Furlough
Donations
Other Incom8
638
638
40,561
9.050
37.396
9,050
37,396
8,683
10,000
Total Income
46,446
638
47.084
59,244
EXPENSES
Wages & salaries
Telephone
Insurance
Training
Printing. postage & ststionery
Advertising
Travel
Room Hira
Bank fees
Project Costs
Subscriptions
Professional fees
Accountancy
20,384
441
3,076
23,461
441
41,437
1,050
802
1,710
380
1,000
329
4.400
227
8.766
80
490
564
385
400
943
490
564
385
400
943
80
25,333
155
80
3.252
22,080
155
604
604
560
Total Operating Costs
46,446
6.409
52.854
60.741
OPERATING SURPLUS I (DEFICIT)
(5,771
5,771
1,498
The notes on pag8 3 forn part of these accx)unts

THE WELCOME PROJECT
BALANCE SHEET
AS AT 31 MARCH 2023
2023
2022
CURRENT ASSETS
Grant Debtor
Prepayments
Other Debtors
Cash at bank and in hand
21.896
25.566
4.209
360
4.523
26,419
30.134
CREDITORS .- amounts falling due
within one year
(24,283)
(22,225)
NET CURRENT ASSETS
2,136
7,908
TOTAL ASSETS LESS CURRENT LIABILITIES
2,136
7,908
CAPITAL GRANT RESERVE
TOTAL NET ASSETS
2,136
7,908
Represented By
REVENUE RESERVES
2.136
7.908
Th8 notes on page 3 fomi part of these accounts
Approved By
A/S•
c &
DATE

THE WELCOME PROJECT
NOTES TO THE ACCOUNTS
FOR THE PERIOD ENDED 31 MARCH 2023
I ACCOUNTING POUCIES
(a, The financial ststements have been prepared under the historical cost convention. and in accordan￿ with applic2ble law
and United Kingdom Accounting Standards
(b, Income represents grants received from funding bodies and amounts d8rived from the provision of seNices within the
an11t￿S ordinary activities.
(c) Deferred grants in respect of capital expenditure are treated as deferr8d income and ar8 credited to the income and
expenditure account over the estimated useful lrfe of the assets to which they relate.
2023
2022
2 CREDITORS . amounts falling due
within one year
Accruals
Loan
Deferred grants
2.700
21,583
10,992
11.234
24,283
22,225
3 REVENUE RESERVES
As at 1 April 2022
Surplus for the period
7.908
(5,771)
9.407
(1,498)
As at 31 March 2023
2.137
7.908