COMPANY REGISTRATION NUMBER: NI043260 CHARITY REGISTRATION NUMBER: NIC100599
Devenish Partnership Forum Company Limited by Guarantee Unaudited Financial Statements
31 March 2023
DRAFT ACCOUNTS
SP McCAFFREY & CO
Chartered accountants 50 Campsie Road Omagh Co Tyrone BT79 0AG
Devenish Partnership Forum
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2023
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 5 |
| Statement of financial activities (including income and | |
| expenditure account) | 6 |
| Statement of financial position | 7 |
| Notes to the financial statements | 9 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 19 |
| Notes to the detailed statement of financial activities | 21 |
Draft Accounts
11:53 on 5 December 2023
Devenish Partnership Forum
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 March 2023
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2023.
Reference and administrative details
Registered charity name Devenish Partnership Forum Charity registration number NIC100599 Company registration number NI043260 Principal office and registered 26 Yoan Road office Kilmacormick Enniskillen Co Fermanagh The trustees Josie Maguire Michael Callaghan (Retired 8 April 2022) Margaret Shannon Marian Haggins Michael Tummon (Appointed 23 September 2022) Company secretary Marian Haggins Independent examiner SP McCaffrey & Co Chartered Accountants 50 Campsie Road Omagh Co Tyrone BT79 0AG
Structure, governance and management
Governing document
Devenish Partnership Forum is a company limited by guarantee (Registration Number NI043260). The company is governed by its Memorandum of Articles of Association. The company is recognised as a charity by HMRC.
Draft Accounts
11:53 on 5 December 2023
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Devenish Partnership Forum
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
Structure, governance and management (continued)
Governance
Devenish Partnership Forum (DPF) has a responsibility to conduct its business efficiently. The establishment of, and the strict adherence to sound financial management policies is an integral part of the organisation. The Board of directors and Management Committee of DPF are committed to establishing, maintaining and applying all necessary good practice to ensure that their duty of care to the management of finances of the organisation are fulfilled. The Board of directors are responsible for taking the strategic decisions of how the Charity will move forward and who also are responsible for appointments to the board.
It is essential that DPF control all operational risks as far as is possible. This includes the participation of all those involved directly or indirectly with the banking arrangements for the organisation. Along with the financial systems of the organisation, this policy aims to detail responsibilities, risk management, internal controls, and audit requirements associated with the use of online banking.
Objectives and activities
Principal activity
The principal activity of the company is to promote the benefit of the inhabitants of Kilmacormick I and II, Cornagrade and Hillview estates in Enniskillen by associating the statutory authorities, community and voluntary organisations and inhabitants in a common effort to:-
a)advance community development
b)provide and maintain a forum where member organisations can join together to find mutual support c)relieve those in need
d)advance health and promote physical well-being
e)advance education and training
f)promote the enhancement and protection of the natural and built environment g)develop the capacity and skills of residents
h)provide facilities in the interests of social welfare i)promote good community relations
j)promote other such charitable purposes as may from time to time be determined
The Board of Trustees will aim to meet these objectives by securing funding to enable it to continue to offer a wide range of programmes for the benefit of those that it has been set up to help.
Strategic report
The following sections for achievements and performance and financial review form the strategic report of the charity.
Achievements and performance
The Charity has once again been successful in attracting funding during the year. Incoming resources of £232,000 were secured during the year. This enabled the Charity to deliver many programmes during the year to meet its objectives as stated above. The most notable of the programmes being, 'Early Days' and 'Homework Club' both supported by the Department for Communities and The HEROES Project funded by the Special EU Programmes Body. The Charity continues to be held in high regard by both it's funders and the local community in which it operates.
Draft Accounts
11:53 on 5 December 2023
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Devenish Partnership Forum
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
Financial review
Review of the Business
Against the backdrop of limited resources and insecurities over funding, the charity, with the aid of sound financial management and the support of both its staff and volunteers have continued to plan and develop our services.
Principal Funding Sources
The principal funding sources for the charity are currently by way of grant income from Department for Communities and Children in Need. We also received grant income from the Education Authority and Fermanagh and Omagh District Council. Currently we are working with Supporting Communities NI to identify possible opportunities for a wider range of funding for the future.
Reserves Policy
The trustees of DPF have set a reserves policy which require that reserves be maintained at a level which ensures that the charity's core activity could continue during a period of unforeseen difficultly and to assist in the future strategic development of the organisation. The trustees have agreed that the Charity should endeavour to hold reserves at an amount not less than £60,000 in an effort to minimise the risks identified by the charity.
Plans for future periods
The charity plans continuing the activities outlined above in the forthcoming years subject to satisfactory funding arrangements. Plans are also being developed to work on a number of applications in the hope of obtaining additional funding.
Trustees Responsibilities
The trustees (who are also the directors of the Devenish Partnership Forum for the purposes of company law) are responsible for preparing the Trustees Annual Report and the financial statement in accordance with applicable law and regulations. Company law requires the trustees to prepare financial statements for each financial year. Under the law the trustees have elected to prepare the financial statements in accordance with United Kingdom Accounting Standards and applicable law). Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and the income and expenditure of the charity for that period. 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 accounting estimates that are reasonable and prudent: and" Prepare the financial statements on the going concern basis unless it is inappropriate to presume to that charity will continue in operation. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 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.
Draft Accounts
11:53 on 5 December 2023
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Devenish Partnership Forum
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
The trustees' annual report and the strategic report were approved on 5 December 2023 and signed on behalf of the board of trustees by:
Marian Haggins Charity Secretary
Draft Accounts
11:53 on 5 December 2023
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Devenish Partnership Forum
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Devenish Partnership Forum
Year ended 31 March 2023
I report to the trustees on my examination of the financial statements of Devenish Partnership Forum ('the charity') for the year ended 31 March 2023.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of Charities Act (Northern Ireland) 2008 (the ‘2008 Act’) and the Companies Act 2006 (‘the 2006 Act’). You are satisfied that the accounts of the company are not required by charity or company law to be audited and have chosen instead to have an independent examination.
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's financial statements as carried out under section 65 of the 2008 Act. In carrying out my examination I have followed the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the 2008 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with my examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
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the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
SP McCaffrey & Co Chartered Accountants Independent Examiner
50 Campsie Road Omagh Co Tyrone BT79 0AG
Draft Accounts
11:53 on 5 December 2023
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Devenish Partnership Forum
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 March 2023
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 5 | – | 230,254 | 230,254 | 307,803 |
| Other trading activities | 6 | 1,819 | – | 1,819 | 9,763 |
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| Total income | 1,819 | 230,254 | 232,073 | 317,566 | |
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||
| Expenditure | |||||
| Expenditure on charitable activities | 7,8 | 23,757 | 231,290 | 255,046 | 311,737 |
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| Total expenditure | 23,757 | 231,290 | 255,046 | 311,737 | |
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| Net (expenditure)/income and net | |||||
| movement in funds | (21,938) | (1,036) | (22,973) | 5,829 | |
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| Reconciliation of funds | |||||
| Total funds brought forward | 183,310 | 1,036 | 184,346 | 178,517 | |
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| Total funds carried forward | 161,372 | – | 161,372 | 184,347 | |
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The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 9 to 17 form part of these financial statements.
Draft Accounts
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Devenish Partnership Forum
Company Limited by Guarantee
Statement of Financial Position
31 March 2023
| 2023 | 2022 | |||
|---|---|---|---|---|
| Note | £ | £ | £ | |
| Fixed assets | ||||
| Tangible fixed assets | 13 | 140,513 | 145,096 | |
| Current assets | ||||
| Debtors | 14 | 54,567 | 67,120 | |
| Cash at bank and in hand | 33,309 | 36,385 | ||
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|||
| 87,876 | 103,505 | |||
| Creditors: amounts falling due within one year | 15 | 64,998 | 49,360 | |
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| Net current assets | 22,878 | 54,145 | ||
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| Total assets less current liabilities | 163,391 | 199,241 | ||
| Creditors: amounts falling due after more than one | ||||
| year | ||||
| Accruals and deferred income | 2,018 | 14,895 | ||
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| Net assets | 161,373 | 184,346 | ||
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| Funds of the charity | ||||
| Restricted funds | – | 1,036 | ||
| Unrestricted funds | 161,372 | 183,311 | ||
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| Total charity funds | 18 | 161,372═════════ |
184,347═════════ |
For the year ending 31 March 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
The statement of financial position continues on the following page.
The notes on pages 9 to 17 form part of these financial statements.
Draft Accounts
11:53 on 5 December 2023
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Devenish Partnership Forum
Company Limited by Guarantee
Statement of Financial Position (continued)
31 March 2023
These financial statements were approved by the board of trustees and authorised for issue on 5 December 2023, and are signed on behalf of the board by:
Marian Haggins Trustee
Michael Tummon Trustee
The notes on pages 9 to 17 form part of these financial statements.
Draft Accounts
11:53 on 5 December 2023
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Devenish Partnership Forum
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2023
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in Northern Ireland and a registered charity in Northern Ireland. The address of the registered office is 26 Yoan Road, Kilmacormick, Enniskillen, Co Fermanagh.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
Draft Accounts
11:53 on 5 December 2023
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Devenish Partnership Forum
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
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income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
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legacy income is recognised when receipt is probable and entitlement is established.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
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income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
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expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
All fixed assets are initially recorded at cost.
Draft Accounts
11:53 on 5 December 2023
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Devenish Partnership Forum
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
3. Accounting policies (continued)
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Land & Buildings - 4% straight line Fixtures & Fittings - 20% reducing balance Computer Equipment - 20% reducing balance Plant & Machinery - 20% reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received.
Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Draft Accounts
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Devenish Partnership Forum
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
3. Accounting policies (continued)
Financial instruments (continued)
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Limited by guarantee
The company is limited by guarantee, the members being required to pay not more than £5 in the event of a winding up.
5. Donations and legacies
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Donations | |||
| Donations | – | – | – |
Draft Accounts
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Devenish Partnership Forum
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
5. Donations and legacies (continued)
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Grants | |||
| Sisters of Mercy | – | 1,036 | 1,036 |
| DFC - Homework Club | – | 55,905 | 55,905 |
| Mencap - Heroes Project | – | 29,575 | 29,575 |
| WHSCT - Investing in Your Health | – | 29,814 | 29,814 |
| South West College | – | 720 | 720 |
| DFC - Light & Heat Support | – | 1,500 | 1,500 |
| DFC - Early Days | – | 102,435 | 102,435 |
| Education Authority | – | – | – |
| DFE Apprenticeship | – | 3,000 | 3,000 |
| Children In Need | – | – | – |
| DPF General | – | 769 | 769 |
| Hillview & Kilmacormick Housing Association | – | 1,942 | 1,942 |
| ASDA Funding | – | 818 | 818 |
| Tesco Community Funding | – | 1,000 | 1,000 |
| Fermanagh & Omagh District Council | – | 740 | 740 |
| FODC - Youth Claim | – | 1,000 | 1,000 |
| Education Restart | – | – | – |
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| – | 230,254 | 230,254 | |
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|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 9,115 | – | 9,115 |
| Grants | |||
| Sisters of Mercy | – | 2,464 | 2,464 |
| DFC - Homework Club | – | 55,329 | 55,329 |
| Mencap - Heroes Project | – | 68,150 | 68,150 |
| WHSCT - Investing in Your Health | – | 30,703 | 30,703 |
| South West College | – | – | – |
| DFC - Light & Heat Support | – | – | – |
| DFC - Early Days | – | 116,223 | 116,223 |
| Education Authority | – | 2,000 | 2,000 |
| DFE Apprenticeship | – | – | – |
| Children In Need | – | 16,871 | 16,871 |
| DPF General | – | – | – |
| Hillview & Kilmacormick Housing Association | – | – | – |
| ASDA Funding | – | – | – |
| Tesco Community Funding | – | – | – |
| Fermanagh & Omagh District Council | – | – | – |
| FODC - Youth Claim | – | 6,478 | 6,478 |
| Education Restart | – | 470 | 470 |
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| 9,115 | 298,688 | 307,803 | |
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Draft Accounts
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Devenish Partnership Forum
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
6. Other trading activities
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2023 | Funds | 2022 | |
| £ | £ | £ | £ | |
| Fundraising | – | – | 2,661 | 2,661 |
| Early Days | 300 | 300 | 2,720 | 2,720 |
| Allotment Donations | 519 | 519 | 610 | 610 |
| Homework Club Donations | 300 | 300 | 2,862 | 2,862 |
| Health Donations | 700 | 700 | 910 | 910 |
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| 1,819 | 1,819 | 9,763 | 9,763 | |
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| Expenditure on charitable activities by fund type | ||||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2023 | ||
| £ | £ | £ | ||
| Devenish Partnership Forum | 18,279 | 36,898 | 55,178 | |
| Neighbourhood Renewal Homework & Activity Club | 5,478 | 49,672 | 55,151 | |
| Investing In Your Health | – | 25,198 | 25,198 | |
| Children In Need | – | – | – | |
| Early Days | – | 105,762 | 105,762 | |
| Mencap - Heroes Project | – | 13,760 | 13,757 | |
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| 23,757 | 231,290 | 255,046 | ||
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| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| £ | £ | £ | ||
| Devenish Partnership Forum | 14,084 | 25,379 | 39,462 | |
| Neighbourhood Renewal Homework & Activity Club | – | 53,784 | 53,784 | |
| Investing In Your Health | – | 27,849 | 27,849 | |
| Children In Need | – | 19,045 | 19,045 | |
| Early Days | – | 116,552 | 116,552 | |
| Mencap - Heroes Project | – | 55,043 | 55,045 | |
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| 14,084 | 297,652 | 311,737 | ||
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7. Expenditure on charitable activities by fund type
Draft Accounts
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Devenish Partnership Forum
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
8. Expenditure on charitable activities by activity type
| Activities | ||||
|---|---|---|---|---|
| undertaken | Total funds | Total fund | ||
| directly | 2023 | 2022 | ||
| £ | £ | £ | ||
| Devenish Partnership Forum | 55,178 | 55,178 | 39,462 | |
| Neighbourhood Renewal Homework & Activity Club | 55,151 | 55,151 | 53,784 | |
| Investing In Your Health | 25,198 | 25,198 | 27,849 | |
| Children In Need | – | – | 19,045 | |
| Early Days | 105,762 | 105,762 | 116,552 | |
| Mencap - Heroes Project | 13,757 | 13,757 | 55,045 | |
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| 255,046 | 255,046 | 311,737 | ||
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| 9. | Net (expenditure)/income | |||
| Net (expenditure)/income is stated after charging/(crediting): | ||||
| 2023 | 2022 | |||
| £ | £ | |||
| Depreciation of tangible fixed assets | 5,821 | 5,679 | ||
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| 10. | Independent examination fees | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Fees payable to the independent examiner for: | ||||
| Independent examination of the financial statements | 1,573═══════ |
1,573═══════ |
11. Staff costs
| The total staff costs and employee benefits for the reporting period are analysed as | The total staff costs and employee benefits for the reporting period are analysed as | follows: |
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Wages and salaries | 154,300═════════ |
204,244═════════ |
The average head count of employees during the year was 8 (2022: 13).
No employee received employee benefits of more than £60,000 during the year (2022: Nil).
12. Trustee remuneration and expenses
No trustee received any remuneration or other benefits.
Draft Accounts
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Devenish Partnership Forum
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
13. Tangible fixed assets
| Freehold | Fixtures and | Computer | Plant & | |||
|---|---|---|---|---|---|---|
| Property | fittings | Equipment | Machinery | Total | ||
| £ | £ | £ | £ | £ | ||
| Cost | ||||||
| At 1 April 2022 | 202,286 | 17,795 | 27,024 | 6,461 | 253,566 | |
| Additions | – | – | – | 1,238 | 1,238 | |
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───────── |
||
| At 31 March 2023 | 202,286 | 17,795 | 27,024 | 7,699 | 254,804 | |
═════════ |
════════ |
════════ |
═══════ |
═════════ |
||
| Depreciation | ||||||
| At 1 April 2022 | 59,306 | 17,340 | 26,064 | 5,760 | 108,470 | |
| Charge for the year | 5,150 | 91 | 192 | 388 | 5,821 | |
───────── |
──────── |
──────── |
─────── |
───────── |
||
| At 31 March 2023 | 64,456 | 17,431 | 26,256 | 6,148 | 114,291 | |
═════════ |
════════ |
════════ |
═══════ |
═════════ |
||
| Carrying amount | ||||||
| At 31 March 2023 | 137,830 | 364 | 768 | 1,551 | 140,513 | |
═════════ |
════════ |
════════ |
═══════ |
═════════ |
||
| At 31 March 2022 | 142,980 | 455 | 960 | 701 | 145,096 | |
═════════ |
════════ |
════════ |
═══════ |
═════════ |
||
| 14. | Debtors | |||||
| 2023 | 2022 | |||||
| £ | £ | |||||
| Trade debtors | 54,567 | 67,120 | ||||
════════ |
════════ |
|||||
| 15. | Creditors: amounts falling | due within | one year | |||
| 2023 | 2022 | |||||
| £ | £ | |||||
| Trade creditors | 64,998 | 48,324 | ||||
| Other creditors | – | 1,036 | ||||
──────── |
──────── |
|||||
| 64,998 | 49,360 | |||||
════════ |
════════ |
|||||
| 16. | Deferred income | |||||
| 2023 | 2022 | |||||
| £ | £ | |||||
| At 1 April 2022 | 14,895 | 27,772 | ||||
| Amount released to income | (12,877) | (12,877) | ||||
──────── |
──────── |
|||||
| At 31 March 2023 | 2,018════════ |
14,895════════ |
17. Government grants
| The amounts recognised in the financial statements for government grants are as follows: | The amounts recognised in the financial statements for government grants are as follows: | |
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Recognised in creditors: | ||
| Deferred government grants due after more than one year | 2,018 | 14,895 |
═══════ |
════════ |
Draft Accounts
11:53 on 5 December 2023
- 16 -
Devenish Partnership Forum
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
18. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | |||||
|---|---|---|---|---|---|
| At | |||||
| At | 31 March 202 | ||||
| 1 April 2022 | Income | Expenditure | 3 |
||
| £ | £ | £ | £ | ||
| Unrestricted Funds | 183,310 | 1,819 | (23,757) | 161,372 |
|
═════════ |
═══════ |
════════ |
═════════ |
||
| At | |||||
| At | 31 March 202 | ||||
| 1 April 2021 | Income | Expenditure | 2 |
||
| £ | £ | £ | £ | ||
| Unrestricted Funds | 178,517 | 18,878 | (14,084) | 183,311 |
|
═════════ |
════════ |
════════ |
═════════ |
||
| Restricted funds | |||||
| At | |||||
| At | 31 March 202 | ||||
| 1 April 2022 | Income | Expenditure | 3 |
||
| £ | £ | £ | £ | ||
| Restricted Funds | 1,036 | 230,254 | (231,290) | – |
|
═══════ |
═════════ |
═════════ |
════ |
||
| At | |||||
| At | 31 March 202 | ||||
| 1 April 2021 | Income | Expenditure | 2 |
||
| £ | £ | £ | £ | ||
| Restricted Funds | – | 298,688 | (297,652) | 1,036 |
|
════ |
═════════ |
═════════ |
═══════ |
||
| 19. | Analysis of net assets between funds | ||||
| Unrestricted | Restricted | Total Funds |
|||
| Funds | Funds | 2023 |
|||
| £ | £ | £ | |||
| Tangible fixed assets | 140,513 | – | 140,513 |
||
| Current assets | 87,876 | – | 87,876 |
||
| Creditors less than 1 year | (64,998) | – | (64,998) |
||
| Creditors greater than 1 year | (2,018) | – | (2,018) |
||
───────── |
──── |
───────── |
|||
| Net assets | 161,373 | – | 161,373 |
||
═════════ |
════ |
═════════ |
|||
| Unrestricted | Restricted | Total Funds |
|||
| Funds | Funds | 2022 |
|||
| £ | £ | £ | |||
| Tangible fixed assets | 145,096 | – | 145,096 |
||
| Current assets | 102,468 | 1,036 | 103,504 | ||
| Creditors less than 1 year | (48,323) | (1,036) | (49,359) |
||
| Creditors greater than 1 year | (14,895) | – | (14,895) |
||
───────── |
─────── |
───────── |
|||
| Net assets | 184,346 | – | 184,346 |
||
═════════ |
═══════ |
═════════ |
Draft Accounts
11:53 on 5 December 2023
- 17 -
Devenish Partnership Forum
Company Limited by Guarantee
Management Information
Year ended 31 March 2023
The following pages do not form part of the financial statements.
Draft Accounts
11:53 on 5 December 2023
- 18 -
Devenish Partnership Forum
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 March 2023
| Year ended 31 March | 2023 | |
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Income and endowments | ||
| Donations and legacies | ||
| Donations | – | 9,115 |
| Sisters of Mercy | 1,036 | 2,464 |
| DFC - Homework Club | 55,905 | 55,329 |
| Mencap - Heroes Project | 29,575 | 68,150 |
| WHSCT - Investing in Your Health | 29,814 | 30,703 |
| South West College | 720 | – |
| DFC - Light & Heat Support | 1,500 | – |
| DFC - Early Days | 102,435 | 116,223 |
| Education Authority | – | 2,000 |
| DFE Apprenticeship | 3,000 | – |
| Children In Need | – | 16,871 |
| DPF General | 769 | – |
| Hillview & Kilmacormick Housing Association | 1,942 | – |
| ASDA Funding | 818 | – |
| Tesco Community Funding | 1,000 | – |
| Fermanagh & Omagh District Council | 740 | – |
| FODC - Youth Claim | 1,000 | 6,478 |
| Education Restart | – | 470 |
───────── |
───────── |
|
| 230,254 | 307,803 | |
───────── |
───────── |
|
| Other trading activities | ||
| Fundraising | – | 2,661 |
| Early Days | 300 | 2,720 |
| Allotment Donations | 519 | 610 |
| Homework Club Donations | 300 | 2,862 |
| Health Donations | 700 | 910 |
─────── |
─────── |
|
| 1,819 | 9,763 | |
─────── |
─────── |
|
───────── |
───────── |
|
| Total income | 232,073 | 317,566 |
═════════ |
═════════ |
Draft Accounts
11:53 on 5 December 2023
- 19 -
Devenish Partnership Forum
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities (continued)
Year ended 31 March 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Activities undertaken directly | ||
| Direct charitable activity 3 - wages/salaries | 25,148 | 27,799 |
| Bank Fees | 50 | 50 |
──────── |
──────── |
|
| 25,198 | 27,849 | |
──────── |
──────── |
|
| Children In Need | ||
| Activities undertaken directly | ||
| Direct charitable activity 5 - wages/salaries | – | 19,045 |
──── |
──────── |
|
| Early Days | ||
| Activities undertaken directly | ||
| Direct charitable activity 6 - wages/salaries | 41,685 | 49,065 |
| Direct charitable activity 6 - light & heat | 431 | 863 |
| Direct charitable activity 6 - repairs & maintenance | 348 | – |
| Direct charitable activity 6 - insurance | 426 | 426 |
| Direct charitable activity 6 - other motor/travel costs | 160 | 167 |
| Direct charitable activity 6 - legal and professional fees | 267 | 267 |
| Direct charitable activity 6 - telephone | 261 | 301 |
| Stationery & Advertising | 1,054 | 777 |
| Activity Costs | 15,863 | 12,790 |
| Training Fees | 117 | 135 |
| Kilmacormick Playgroup | 45,150 | 45,150 |
| Womens Aid | – | 6,611 |
───────── |
───────── |
|
| 105,762 | 116,552 | |
───────── |
───────── |
|
| Mencap - Heroes Project | ||
| Activities undertaken directly | ||
| Direct charitable activity 7 - wages/salaries | 11,405 | 46,853 |
| Direct charitable activity 7 - light & heat | 431 | 634 |
| Direct charitable activity 7 - insurance | – | 500 |
| Direct charitable activity 7 - other motor/travel costs | – | 185 |
| Direct charitable activity 7 - legal and professional fees | – | 320 |
| Direct charitable activity 7 - telephone | 65 | 246 |
| Direct charitable activity 7 - stationery & advertising | 133 | 519 |
| Direct charitable activity 7 - Activities | 1,672 | 1,493 |
| Direct charitable activity 7 - Training | – | 135 |
| Programme costs | – | 4,101 |
| Bank fees | 51 | 59 |
──────── |
──────── |
|
| 13,757 | 55,045 | |
──────── |
──────── |
|
───────── |
───────── |
|
| Expenditure on charitable activities | 255,046 | 311,737 |
═════════ |
═════════ |
Draft Accounts
11:53 on 5 December 2023
- 22 -