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Registered Number: NI038139 

GREENWAY WOMEN’S GROUP (A Company Limited by Guarantee) 

## DIRECTORS’ REPORT AND FINANCIAL STATEMENTS 

FOR THE YEAR ENDED 31 MARCH 2025 

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## GREENWAY WOMEN’S GROUP (A Company Limited by Guarantee) 

## STATEMENT OF FINANCIAL ACTIVITIES (Incorporating Income & Expenditure Account) FOR THEYEAR ENDED 31 MARCH 2025 

|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
||Note|Funds|Funds|Funds|Funds|
|||2025|2025|2025|2024|
|||£|£|£|£|
|Income Resources||||||
|IncomingResources from Generated Funds:||||||
|VoluntaryIncome|2|-||-|-|
|Activities forGeneratingFunds|3|74,887||74,887|41,358|
|IncomingResources from||||||
|Grants|4|-|291,803|291,803|259,522|
|TotalIncomingResources||74,887|291,803|366,690|300,880|
|||weneeneee|woe<br>eee ee|voeeeeeneee|qeeeeeee|
|Resources Expended|||356,208|356,208|311,579|
||5|1,800||1,800|1,800|
|TotalResources Expended||1,800|356,208|358,008|313,379|
|MovementinTotalFundsfor<br>TheYear—NetIncome/<br>(Expenditure) fortheyear||73,087|(64,405)|8,682|(12,499)|
|TotalFundsat01 April2024||169,865|(158,662)|11,203|23,702|
|TotalFundsat31March2025||242,952|(223,067)|19,885|11,203|
|||——<br>nd|=|—_|——|



The Notes on pages 14 -22 from part of these financial statements. 

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(A Company Limited by Guarantee) 

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## STATEMENT OF FINANCIAL ACTIVITIES (Incorporating Income & Expenditure Account) FOR THEYEAR ENDED 31 MARCH 2025 

||||Total|Total|
|---|---|---|---|---|
||Note||Funds|Funds|
||||2025|20124|
||||£|£|
|Income Resources|||||
|Donations<br>Income from Grants<br>OtherIncoming Resources|2<br>3<br>4||.<br>991,803<br>74,887|:<br>259,521<br>41,359|
|Total IncomingResources|||466,690|300,880|
|Resources Expended<br>Training<br>Wages||632<br>299,445||254,519|
|Tutorand MentoringCosts<br>VolunteerExpenses<br>Equipment&officeExpenses<br>Bank interest and fees<br>Travel and Subsistence<br>Insurance<br>Heat, LightandWater<br>Telephone<br>Accountancy<br>Postageand stationery<br>IT Maintenance<br>Cleaning<br>Repairsand Maintenance<br>SundryExpenses<br>Depreciation||2,823<br>8,704<br>877<br>578<br>4,768<br>9,788<br>4,300<br>1,800<br>2,411<br>4,172<br>2,929<br>2,315<br>468<br>99||1,055<br>2,23]<br>8.566<br>792<br>1,199<br>5,622<br>9 540<br>2,103<br>1,800<br>64]<br>7,863<br>1,637<br>2,609<br>1,150<br>129|
|Total Resources Expended||358,008|313,379||
|MovementinTotalFunds|||8,682|(12,499)|



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The Notes on pages 14 -22 from part of these financial statements, Page 12 

GREENWAY WOMEN'S GROUP (A Company Limited by Guarantee) 

## BALANCE SHEET ASAT AI MARCH 2025 

|||2025||2024||
|---|---|---|---|---|---|
|Note||é|{|{|£|
|Fixed Assets||||||
|Tangible Assets|K||429||42%|
|Current Assets<br>Cash at bank<br>PettyCash||23,869<br>35||15,023<br>9||
|||23,904||15,122||
|Creditors:||||||
|Amount fallingdue<br>Withinoneyear|10|(4,348)||(4,447)||
|NETCURRENTASSETS|||19,556||10,775|
|NETASSETS|||19,885||11,203|
|CHARITY FUNDS<br>Unrestricted Funds<br>Profiv(Loss) forYear|||11,203<br>8,682||23,702<br>(12,499)|
||||19,885||11,203|



The financial statements have been prepared in accordance with the provision applicable to smal] companies Act 2006, 

The Financial statements were approved by the Directors on 13" November 2025 and Signed on their behalf, by; 


**----- Start of picture text -----**<br>
1s J Thompson Ms F Oslon<br>**----- End of picture text -----**<br>


The Notes on pages 14 -22 from part of these financial statements. 

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Pr / GREENWAY WOMEN’S GROUP 

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## (A Company Limited by Guarantee) 

## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 

## 1. Accounting Policies 

1.1 Basis of preparation of financial statement The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). The Financial Statements have been prepared in accordance with the Statement of Recommended Practice (SORP), “ Accounting and Reporting by Charities” published in March 2005, applicable accounting Standards and Companies Act 2006. 

1.2 Company Status The Charity is a company limited by guarantee. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. 

## 1.3 Fund Accounting Accounting 

- Fund Accounting Accounting ; General funds are unrestricted funds which are available for use at the discretion of the Directors in furtherance of the general objectives of the charity and which have not been designated for other purposes. 

Restricted Funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. 

1.4 Incoming Resources All incoming resources are included in the Statement of Financial Activities when the charity has entitlement to the funds, certainty of receipt and the amount can be measured with sufficient reliability. 

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. 

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the services. 

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(AGREENWAY Company LimitedWOMEN’S GROUPby Guarantee) 

## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 

## 1. Accounting Policies (continued) 

1.5 Resources expended Expenditure is accounted for on an accruals basis and has been included under expenses categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of resources. 

Support Costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. 

## 1.6 Going Concern 

The charity has been experiencing difficulty in securing long term funding both for core costs and specific projects. This is due to a change in the funding criteria which has affected all publicly funded bodies in Northern Ireland. Long term funding is seen as crucial to the long term viability of the charity. The lack of secured long term funding indicates a material uncertainty that may cast significant doubt on the charity’s ability to continue as a going concern and therefore it may be unable to realise its assets and discharge its liabilities in the normal course of business. The directors and management have been making every effort in recent years to source new funding for the charity. Certain sources of funding have been secured until 2025 and applications for further funding are being made. The directors intend to keep the organisation operating for at least a period of one year from the date of approval and accordingly these financial statements have been prepared on the going concern basis. 

1.7 Turnover Turnover represents net sales to customers and excludes Value Added Tax, Turnover is recognised upon delivery of the goods and services to the customer. 

1.8 Tangible Fixed assets and depreciation Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: 

S/Term Leasehold Property - 6.67% Straight line Fixtures and Fittings - 20% Reducing Balance Computer Equipment - 20% Reducing Balance 

# 

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## GREENWAY WOMEN’S GROUP (A Company Limited by Guarantee) 

## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 

## 2. Voluntary Income 

|2.|Voluntary IncomeIncome|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||Funds|Funds|Funds|Funds|
|||2025|2025|2025|2024|
|||£|£|£|£|
||Donations|-|-|-|-|
|3.|Income from Grants|||||
|||Unrestricted|Restricted|Total|Total|
|||Funds<br>2025|Funds<br>2025|Funds<br>2025|Funds<br>2024|
|||£|£|£|£|
||BelfastCityCouncil<br>BHSCT<br>DFC<br>EarlyYears<br>Grant<br>EBCD|=<br>-<br>-<br>-<br>-<br>7|20,629<br>10,136<br>144,420<br>33,892<br>20,000<br>1,470|20,629<br>10,136<br>144,420<br>33,892<br>20,000<br>1,470|29,909<br>15,159<br>132,967<br>30,000<br>10,000<br>255|
||DOH|-|920|920||
||Halifax<br>Grants<br>WSN|-<br>-<br>-|19,167<br>2,780<br>38,389|19,167<br>2,780<br>38,389|41,232|
|||Nil|291,803|291,803|259,522|
|4.|OtherIncomingResources|Unrestricted|Restricted|Total|Total|
|||Funds|Funds|Funds|Funds|
|||2025|2025|2025|2024|
|||£|£|£|£|
||OtherIncome|74,887|-|74,887|41,359|
|5.|Governance Costs|||||
|||Unrestricted|Restricted|Total|Total|
|||Funds|Funds|Funds|Funds|
|||2025|2025|2025|2024|
|||£|£|£|£|
||Auditors’Remuneration|1,800|-|1,800|1,800|



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GREENWAY WOMEN’S GROUP (A Company Limited by Guarantee) 

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## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 

## 6. Net Incoming/(Outgoing) Resources 

|Net Incoming/(Outgoing)Incoming/(Outgoing) Resources|||
|---|---|---|
||2025|2024|
||£|£|
|This is stated after charging:|||
|Depreciation ofTangible Fixed Assets:<br>-<br>OwnedbytheCharity<br>Auditors’ Remuneration<br>PensionCost|99<br>1,800<br>11,899|129<br>1,800<br>11,923|



During the current and prior year, no Directors received any remuneration or benefits in kind. During the current and prior year no Directors received any reimbursement of expenses. 

|7.|StaffCosts|||
|---|---|---|---|
||Staffcosts were as follows:-|2025|2024|
|||£|£|
||Wages and Salaries<br>Pension|299,445<br>11,899|254,519<br>11,923|
|||311,344|266,442|



The average monthly number of employees during the year was as follows:- 

||2025|2024|
|---|---|---|
||£|3|
|Employees|7|13|



No employee received remuneration amounting to more than £60,000 in cither year 

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## GREENWAY WOMEN’S GROUP A Company Limited by Guarantee 

## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 

## 8. Tangible Fixed Assets 

|||ShortTerm|||||
|---|---|---|---|---|---|---|
|||Leasehold<br>Property<br>t|Fixtures&<br>Fittings<br>PJ||Computer<br>Equipment<br>£|Total<br>£|
||Cost||||||
||At 1 April2024|109,550|27,567||25,162|162,279|
||Additions|||-|-|.|
||At31 March2025|109,550|27,567||25,162|162,279|
||Depreciation<br>At 1 April2024<br>ChargeforYear|109,550<br>2|27,297<br>31||25,004<br>68|161,851<br>99|
||At31 March2025|109,550|27,328||25,072|161,950|
||NetBookValue<br>At31 March2025|-|239||90|329|
||At31 March2024|-|270||158|428|
|9.|Debtors||||2025|2024|
||||||£|£|
||Prepayments and accrued|income|||-|-|
|10.|Creditors||||||
||Amounts fallingdue within one year||||2025|2024|
||||||£|£|
||Accruals and Deferred Income|||‘|1,800|1,800|
||HMRC||||2,548|2,547|
||||||4,348|4,347|



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## GREENWAY WOMEN’S GROUP (A Company Limited by Guarantee) 

## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 

## 11. Explanatory Notes to the Funds 


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(i) Unrestricted Funds<br>**----- End of picture text -----**<br>


## (a) Accumulated General Fund 

This fund is expendable at the discretion of the Trustees to finance capital investment and working capital. 

## (ii) Restricted Funds (a) Women’s Centres Childcare Fund (WCCF) 

This funding is from the department for Social Development (DFC), administered by the Voluntary and Community Unit (VCU) and covers restricted salaries, running costs and specific project costs. 

## (b) Community Investment Fund (CIF) 

This funding is from the department for Social Development (DFC), administered by the Voluntary and Community Unit (VCU) and covers restricted salaries, running costs and specific project costs. 

## (c) Belfast City Council 

This funding is for community buildings revenue, which helps cover some of the main running costs for the centre as a whole. 

## 12. Pension Commitments 

The company contributes, on a money purchase basis, to the personal pension scheme of certain employees. The annual contribution paid by the company are accounted for by charging the costs to Statement of Financial Activities as payments accrue. 

## 13. Related Party Transactions 

There was no transactions with related parties during the year which require disclosure. 

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## GREENWAY WOMEN’S GROUP A Company Limited by Guarantee 

## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 

## 14. Analysis of Net Assets Between Funds 

||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||Funds|Funds|Funds|Funds|
||2025|2025|2025|2024|
||£|£|£|£|
|TangibleFixedAssets<br>CurrentAssets<br>Creditors duewithoneyear|329<br>23,904<br>(4,348)|-<br>.<br>-|329<br>23,904<br>(4,348)|ie<br>1reje<br>(4,347)|
||19,885|-|19,885|11,203|



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