OpenCharities

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2024-03-31-accounts

Page
CharityInformation
Trustees'report KIIII&y
Independentexaminer'sreport
Statementoffinancialactivities 8-9
Balancesheet 10
Notestothefinancialstatements 11-23

Trustees PatrickDurkan(Chairperson)
UrsulaBirthistle
MaireadWrynn
DrEileenDoherty (Appointed25May2023)
MaureenHeatherington (Appointed28July2023)
DrPaulineMcClenaghan (Appointed25October2023)
Secretary DrPaulineMcClenaghan (Appointed25October2023)
Charitynumber NIC100644
Companynumber N1041705
Registeredoffice 2SpringrowthHouse
BallinskaRoad
SpringtownIndustrialEstate
Derry—Londonderry
BT480GG
Independentexaminer Moore(NI)LLP
21/23ClarendonStreet
Derry/Londonderry
BT487EP
Bankers BankofIreland
27CulmoreRoad
Londonderry
BT488,113
Solicitors WalterHegartySolicitor
4QueenStreet
Derry--Londonderry
BT487EF

Currentfinancialyear Unrestricted
funds
Unrestricted
funds
Restricted
funds
Total Total
general designated
2024 2024 2024 2024 2023
Notes £ £ £ £ £
Incomeandendowmentsfrom:
Donationsandlegacies
3
Charitableactivities
4
Investments
5
Otherincome
6
105
136,744
11,494
15,414
-
-
-
-
12,500
40,012
-
-
12,605
176,756
11,494
15,414
13,968
192,833
18,546
16,218
Totalincome 163,757 - 52,512 216,269 241,565
Expenditureon:
Raisingfunds
Charitableactivities
7
8
14,798
147,078
-
1,774
-
61,741
14,798
210,593
10,752
216,091
Totalexpenditure 161,876 1,774 61,741 225,391 226,843
Netincome/(expenditure) 1,881 (1,774) (9,229) (9,122) 14,722
Otherrecognisedgainsand
losses:
Othergains/(losses) 13 (1,807)
-
- (1,807) 1,878
Netmovementinfunds 9 74 (1,774) (9,229) (10,929) 16,600
Reconciliationoffunds:
Fundbalancesat1April2023 86,854 56,781 73,594 217,229 200,629
Fundbalancesat31March2024 86,928 55,007 64,365 206,300 217,229

Priorfinancialyear Unrestricted Unrestricted Restricted Total
funds funds funds
general designated
2023 2023 2023 2023
Notes £ £ £ £
Incomeandendowmentsfrom:
Donationsandlegacies 3 - - 13,968 13,968
Charitableactivities 4 114,965 - 77,868 192,833
Investments 5 18,546 - - 18,546
Otherincome 6 16,218 - - 16,218
Totalincome
Expenditureon:
Raisingfunds 7 10,752 - - 10,752
Charitableactivities 8 140,774 1,774 73,543 216,091
Totalexpenditure 151,526 1,774 73,543 226,843
Netincome/(expenditure) (1,797) (1,774) 18,293 14,722
Otherrecognisedgainsandlosses:
Othergains 13 1,878 - - 1,878
Netmovementinfunds 9 81 (1,774) 18,293 16,600
Reconciliationoffunds:
Fundbalancesat1April2022 86,773 58,555 55,301 200,629
Fundbalancesat31March2023 86,854 56,781 73,594 217,229

2024 2023
Notes
Fixedassets
Tangibleassets 14 55,789 58,185
Investments 15 100 100
55,889 58,285
Currentassets
Debtors 16 28,637 44,245
Cashatbankandinhand 131,405 118,887
160,042 163,132
Creditors:amountsfallingduewithin 17
oneyear (9,631) (4,188)
Netcurrentassets 150,411 158,944
Netassets 206,300 217,229
Thefundsofthecharity
Restrictedincomefunds 21 64,365 73,594
Unrestrictedfunds-general 86,928 86,854
Unrestrictedfunds-designated 20 55,007 56,781
206,300 217,229

Incomefromdonations andlegacies
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2024 2024 2024 2023 2023 2023
Donationsandgifts 105 12,500 12,605 - 13,968 13,968
Donationsandgifts
NIEElectric - - - - 1,010 1,010
HalifaxFoundation - - - - 6,000 6,000
StJames'Place - - - - 2,458 2,458
DanskeBankCharity - - - - 3,000 3,000
UlsterGardenVillages - 5,000 5,000 - - -
SouterCharitableTrust - 5,000 5,000 - - -
Other 105 2,500 2,605 - 1,500 1,500
105 12,500 12,605 - 13,968 13,968
Incomefromcharitable activities
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2024 2024 2024 2023 2023 2023
Charitableactivities
Servicesprovidedunder
contract 136,744 - 136,744 114,965 - 114,965
Grantfunding - 40,012 40,012 - 77.868 77.868
136,744 40,012 176,756 114,965 /I,bbb IyL,tSSS

Incomefromcharitableactivities (Continued)
Analysisofgrantfunding
Charitable Charitable
activities activities
2024 2023
TheNationalLotteryCommunityFund-DormantAccountsFund 26,641 69,868
RTE/CommunityFoundation-SmileBabyproject 13,371 -
CommunityFund - 8,000
40,012 77,868

Unrestricted Unrestricted
funds funds
2024 2023
Giftaidpaymentfromsubsidiary 11,086 18,446
Interestreceivable 408 100
11,494 18,546

Unrestricted Unrestricted
funds funds
2024 2023
Provisionofadministrativeservices 9,948 10,752
Rentalincome 5,466 5,466
15,414 16,218

Expenditureonraisingfunds
Unrestricted Unrestricted
funds funds
2024 2023
Provisionofadministrationservices
Officecosts 11,628 7,152
Staffcosts 3,170 3,600
14,798 10,752

Expenditureoncharitableactivities
Chartiable Chartiable
activites activates
2024 2023
Directcosts
Staffcosts 144,302 131,415
Depreciationandimpairment 2,396 2,452
Conferenceandtrainingcosts 8,688 14,217
Rentandrates 2,927 4,780
Insurance 3,154 3,276
Heat,lightandpower 750 4,702
Repairsandmaintenance 1,647 677
Printing,postageandstationery 814 493
Materialsandresources 7,787 9,112
Advertising 1,617 6,703
Telephone 3,751 2,819
Softwaresupport 1,525 4,432
Travelandsubsistence 10,546 18,286
Legalandprofessionalfees 15,023 5,814
Accountancyfees 2,400 2,400
Othercharitableexpenditure 3,266 4,513
210,593 216,091
Analysisbyfund
Unrestrictedfunds-general 147,078 140,774
Unrestrictedfunds-designated 1,774 1,774
Restrictedfunds 61,741 73,543
210,593 216,091

9 Netmovementinfunds 2024 2023
Thenetmovementinfundsisstatedaftercharging/(crediting):
Depreciationofownedtangiblefixedassets 2,396 2,452

Theaveragemonthlynumberofemployeesduringtheyearwas:
2024 2023
Number Number
Employmentcosts 2024 2023
Wagesandsalaries 134,257 122,628
Socialsecuritycosts 11,369 10,953
Otherpensioncosts 1,846 1,434
147,472 135,015
Therewerenoemployeeswhoseannualremunerationwasmorethan£60,000
Remunerationofkeymanagementpersonnel
Theremunerationofkeymanagementpersonnelwasasfollows:
2024 2023
Aggregatecompensation 62,578 62,203

Othergainsandlosses
UnrestrictedUnrestricted
funds funds
2024 2023
Gains/(losses)upon: £ £
Foreignexchange (1,807) 1,878
Tangiblefixedassets
Freeholdland Fixturesand Total
andbuildings fittings
Cost
At1April2023 88,718 64,826 153,544
At31March2024 88,718 64,826 153,544
Depreciationandimpairment
At1April2023 31,938 63,421 95,359
Depreciationchargedintheyear 1,774 622 2,396
At31March2024 33,712 64,043 97,755
Carryingamount
At31March2024 55,006 783 55,789
At31March2023 56,780 1,405 58,185

Fixedassetinvestments
Other
investments
Costorvaluation
At1April2023&31March2024 100
Carryingamount
At31March2024 100
At31March2023 100

15 Fixedassetinvestments (Continued)
2024 2023
Otherinvestmentscomprise: Notes £ £
Investmentsinsubsidiaries 27 100 100
16 Debtors
2024 2023
Amountsfallingduewithinoneyear: £ £
Amountsowedbysubsidiaryundertakings 10,134 7,259
Otherdebtors 17,753 36,986
Prepayments 750 -
28,637 44,245
17 Creditors:amountsfallingduewithinoneyear
2024 2023
Notes £ £
Bankoverdrafts 18 5,235 -
Accruals 4,396 4,188
9,631 4,188
18 Loansandoverdrafts
2024 2023
Bankoverdrafts 5,235 -
Payablewithinoneyear 5,235 -
19 Retirementbenefitschemes
2024 2023
Definedcontributionschemes £ £
Chargetoprofitorlossinrespectofdefinedcontributionschemes 1,846 1,434

Theseareunrestrictedfundswhich arematerialto thecharity'sactivities.
At1April Resources At31March
2023 expended 2024
Designatedpropertyassetsfund 56,781 (1,774) 55,007
Previousyear: At1April
2022
Resources
expended
At31March
2023
Designatedpropertyassetsfund 58,555 (1,774) 56,781

Therestrictedfundsofthecharitycompriseth
subjecttospecificconditionsbydonorsastoho
eunexpendedbal
wtheymaybeus
ancesofdonati
ed.
onsandgrants hel dontrust
At1April Incoming Resources At 31March
2023 resources expended 2024
TheNationalLotteryCommunityFund-
DormantAccountsFund
55,500 26,641 (24,667) 57,474
RTE/CommunityFoundation-SmileBaby
project
18,094 13,371 (31,465) -
SouterCharitableTrust - 5,000 (4,109) 891
TBF&KLThompsonTrust - 1,000 (1,000) -
CB&HHTaylor - 1,000 - 1,000
UlsterGardenVillages - 5,000 - 5,000
EnkalonFoundation - 500 (500) -
73,594 52,512 (61,741) 64,365

21 Restrictedfunds (Continued)
Previousyear: At1April Incoming Resources At31March
2022 resources expended 2023
TheNationalLotteryCommunityFund-
DormantAccountsFund
StJames'Place
-
-
69,868
2,458
(14,368)
(2,458)
55,500
-
RTE/CommunityFoundation-SmileBaby
project 50,301 - (32,207) 18,094
HalifaxFoundation - 6,000 (6,000) -
UlsterBankStaff 2,000 - (2,000) -
EsmeMitchell 2,500 - (2,500) -
WDHWillis 500 - (500) -
CommunityFund - 8,000 (8,000) -
DanskeBankCharity - 3,000 (3,000) -
NIEElectric - 1,010 (1,010) -
Hedley - 1,000 (1,000) -
EnkalonFoundation - 500 (500) -
55,301 91,836 (73,543)
73,594


designatedfundswhichha

vebeensetasideouto

funrestrictedfu

ndsbythetrust
eesforspecific purposes.
At1April
2023
Incoming
resources
Resources
expended
Gainsand
losses
At31March
2024
Generalfunds 86,854 163,757 (161,876) (1,807) 86,928
Previousyear: At1April
2022
Incoming
resources
Resources
expended
Gainsand
losses
At31March
2023
Generalfunds 86,773 149,729 (151,526) 1,878 86,854

Analysisofnetassetsbetweenfun ds
Unrestricted Unrestricted Restricted Total
funds funds funds
general designated
2024 2024 2024 2024
At31March2024:
Tangibleassets 782 55,007 - 55,789
Investments 100 - - 100
Currentassets/(liabilities) 86,046 - 64,365 150,411
86,928 55,007 64,365 206,300
Unrestricted Unrestricted Restricted Total
funds funds funds
general designated
2023 2023 2023 2023
At31March2023:
Tangibleassets 1,404 56,781 - 58,185
Investments 100 - - 100
Currentassets/(liabilities) 85,350 - 73,594 158,944
86,854 56,781 73,594 217,229

Nameofundertaking Registered Natureofbusiness Classof %Held
office sharesheld DirectIndirect
LifestartResourcesLimited NorthernIreland Provisionoftraining,quality Ordinary 100.00
assuranceandprogramme shares
materials