HOMEPLUS NI LTD
(A COMPANY LIMITED BY GURANTEE)
Trustees Annual Report and Unaudited Financial Statements
for the year ended 31 March 2023
Registered Charity En Northern Ireland {NIC100730)
Company Registration Number N1058306
Pagell

HOMEPLUS NI LTD
IA COMPANY LIMITED BY GUARANTEE)
Financial Statements
Year ended 31 March 2023
Contents
CHARITY REFERENCE AND ADMINISTRATIVE DEfAILS...-....................... ....-..........-...... .........................,...
TRUSTEES, ANNUAL REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT)......................
TRUSTEES OF THE CHARITY................... ..........................-..................... ..................................................
REFERENCE AND ADMINISTRATWE DETAILS ..
STRUCTURE AND MANAGEMENT.......
DESCRIPTION AND PURPOSE..............................................-....................... ...........................................,.
AcfiviTIES AND OBJECTIVES ............................................................................................... ....................
ACHIEVEMENTS AND PERFORMANCE.....-...........................................................................
PUBLIC BENEFIT STATEMENT.............................-.
FINANCIAL REVIEW.
GOING CONCERN........................................................................................................,..........................
RESERVES POLICY..............................................-.-............. ... . ...................-......................,......................
RESPONSIBILITIES IN RESPECT OF THE FINANCIAL STATEMENTS ..........................................-................
RISK REVIEW......................................,.................................. ....................................................,.............10
FURTURE PLANS.....,.............................,.................................................... .......-....................................10
INDEPENDENT EXAMINERS REPORT...........................................................,............ .................................13
STATEMENT OF FINANCIAL ACTIVITY (INCLUDING INCOME AND EXPENDFTURE ACCOUNT) .. . ... ........15
BALANCE SHEET... ............................................................................................... ............-.........................17
NOTES TOTHE ACCOUNTS..........................................................-
.19

HOMEPLUS NI LTD
(A COMPANY LIMtTED BY GUARANTEE)
Year ended 31 March 2023
CHARITY REFERENCE AND ADMINisfRATIVE DEfAIIS
Charity Registration Number
NIC 100730
Company Registration Number
NI 058306
Trustees
Mr Philip Boomer
Mr Sean P Conlon
Mr Kyle Heffernan
Company Secretary
Ms Margaret Henry
Manager
Mr S Smith
Registered Office
113 University Street
Belfast
BT7 IHP
Independent Examiner
Hopper & Co
Chartered Accountants and Registered Auditors
6 Doagh Road
Ballyclare
Co Antrim
BT39 9BG
Bankers
Danske Bank
Donegall Square West Belfast
BTI 6JS

HOMEPLUS NI LTD
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES REPORT
Year ended 31 March 2023
TRUSTEES, ANNUAL REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT)
The Trustee5 who are a150 directors for the purposes of company law present their report and the
unaudited financi31 statements of the charity for the year ended 31st March 2023. The directors have
adopted the provisions of the Statement of Recommended Practice (SORP) Accounting and Reporting
by Charities ' {FRS102 Section IA) in preparing the annual report and financial statements of the
charity.
The financial statements have been prepared in accordance with the accounting policies set out in
notes to the financial statements and applicable accounting standards, Accounting and Reporting by
Charities . Statement of Recornmended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Reptjblic of Ireland issued in
October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland {FRS 102 Section IA), the charity's governing document, the Charities Act {Northern Ire13ndl
2008, Charities Act (Northern Ireland) 2013, The Charities (Accounts 3nd Reports) Regulations
(Northern Ireland) 2015, Companies Act 2006 and UK Generally Accepted Practice.
TRusfEES OF THE CHARITY
The directors of the charitable company are its trustees for the purposes of charity law. The terms
director" and "trustee" are used interchangeably throughout the financial statements. The trustees who
have served during the year were as follows:
Mr Philip Boomer
Mr Sean P Conlon
Mr Kyle Heffernan
REFERENCE AND ADMINISTRATIVE DEfAILS
The registered name of the charity is Homeplus Nl Ltd, charity registration number: NIC 100730 znd
company number: Nl 058306
Trustees
Mr Philip Boomer
Mr Sean P Conlon
Mr Kyle Heffernan
Company Secretary
Ms Margaret Henry
Manager
Mrs Smith

HOMEPLUS NI LTO
(A COMPANY UMITED BY GUARANTEE)
TRUSTEES REPORT (cont'd)
Year ended 31 March 2023
Registered Office
113 University Street
Belfast
BT7 IHP
Independent Examiner
Hopper & Co
Chartered Accountants and Registered Auditors
6 Doagh Road
Ballyclare
Co Antrim
BT39 98G
Bankers
Danske Bank
Donegall Square West Belfast
BTI 6JS
STRucfuRE AND mANAGEmE￿r
The company was established under a Memorandum of Association which established the objects and
powers of the charitable company and is governed under tts Articles of Association.
The B02rd is responsible for the governance of the charity. The trustees delegate the running of the
organisation to the manger, within a framework of delegated authority. The Board meets approximately
every two months.
DESCRIPTION AND PURPOSE
Homeplus Nl is a charity workinE With people who sleep rough in 8elfast, and people who are homeless
or in danger of becoming homeless. We provide an Outreach service to Rough Sleepers, a nightly Street
Outreach service for all Rough Sleepers, an On-call Service for Rough Sleepers, the public and service
providers, and a daily Drop-ln Centre specifically for homeless and destitute foreign nationals, asylum
seekers, refugees and those who have been excluded from other services
ACTIVITIES AND OBJEcfivES
Homeplus Nl was established as a Charity in September 2000, by a group of concerned individuals who
had extensive experience and a practical working knowledge of the problems associated with
homelessne5S, to meet the immediate accommodation and support needs of vulnerable homeless
people who are sleeping rough. The Charity was registered with the Charity Commission for Northern
Ireland on 3rd November 2014.

HOMEPLUS NI LTD
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES REPORT {conVd)
Year ended 31 March 2023
Homeplus Nl Is a ch2rity working with people who sleep rough in Belfast, and people who are homeless
or in danger of becoming homeless. We provide an Outreach service and a daily Drop-ln Centre
specifically for homeless and destitute foreign nationals and those who have been excluded from other
services.
The charity's objectives are the relief of poverty, the relief of sickness and advancement of education
and training of persons who are homeless by the provision of accommodation Isheltered housing for
those suffering from alcoholism or addiction to drugs or other substances, or who are in need of such
aS5iStance due to their young age, poor he31th or financi31 need on terms appropriate to their means,"
3nd the provision of street outreach services to rough sleepers and of day centre services
Mission Statement
Homeplus Nl is a voluntary organisation established to meet immediate accommodation, practical help
and support needs of vulnerable homeless people. particularly those with complex needs.
We seek to identify new or changing outreach/accommodation/support needs of disadvantaged groups
or individuals and work to develop projects to meet those needs
Vision Statement
That no one should have to sleep rough because of lack of appropriate accommodation andlor support.
Values
We believe that everyone should have the right of immediate access to appropriate and good
quality accommodation when required;
We believe that everyone should have the right to relevant services and appropri2te levels of
support to enable them to maintain accommodation;
We believe that everyone has the right to be treated with dignity and respett at all times;
We believe in treating all homeless persons equally.
We believe in promoting neutral, non-settarian, non-political services to all areas of Belfast,
regardless of political divide; and
We believe that individuals who are 'roofless' should have 24-hour support and practical help.
Aims
To identify gaps in Servi￿ provision for rough sleepers and develop services to meet those
To increase awareness among statutory agencies, the general public, and politicians, about the
reality of homelessness, particularly rough sleeping and associated problems;
61Poge

HOMEPLUS NI LTD
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES REPORT Iconvd)
Year ended 31 March 2023
To work in partnership with other agencies to influence those in authority to develop strategie5
and adapt effective policies to alleviate homelessness, particularly rough sleeping; and
To assist Rough Sleepers to move off the streets with the support of specialist teams of street
workers, to improve access to hostels for those with addiction / mental health problems and
ensure ready access to day centres and mainstream services.
ACHIEVEMENTS AND PERFORMANCE
Homeplus recent achievements for 22/23 have included:
Providing street Outreach service to over 2600 contacts last year. Our Street Outreach project
operates from 6pm to 9.30 pm each night, resourced by 2 sessional workers and 11 volunteers.
In our Drop-in Centre/Advice Centre, over the past year we assisted over 544 individuals.
Provided advice and SUPPOTt for service users in need of information and support on Issues
including grants, education and benefEts. We also referred clients to advice experts such as The
Law Centre and support hubs.
We have delivered our Women's Centre for mothers and their children in the building.
We continued to collect, store and distribute donations of food, toiletries, bedding, furniture and
clothing for rough sleepers, refugees, asylum seekers and destitute migrant workers on a daily
basis and stored these in our new North Belfast storage facility.
We continued to outsource our bookkeeping to a professional who ensured financial record
keeping was up to date and accurate.
Provision of training for staff and volunteers through The Law Centre and in-house courses on
issues such as health & safety, homelessness, substance misuse, nutrition, and food hygiene.
Continued the seasonal work on our community allotment, where our volunteers and service
users grew organic food for our Drop-ln Centre in a user-led Community Allotment project.
We continued to develop and strengthen links with other organisations and public bodies
We have secured 5 years funding from The National Lottery Fund and 3 years funding from
OFMDFM/MEDF. We have continued to get donations through other local groups as well as
donations from Churches and the general public and grants from other organi5ations. In our
Women's Centre we assisted mothers and their children with advice, clothing, food, school
uniforms as well as sign posting to local community groups, and providing facilities for
homework and after school activities.
71P2ge

HOMEPLUS NI LTD
{A COMPANY LIMITED BY GUARANTEEJ
TRUSTEES REPQRT {tonVd)
Year ended 31 March 2023
Our pool of volunteers included minority ethnic groups, particularly volunteers from the asylum
seeker, refugee and Muslim community.
We continued to participate in interagency forums, committees and steering groups to influence
those in authority to improve access to healthcare, welfare and accommodation for our client
groups
We have developed new working relationships with student union groups, Trade Unions, and
businesses such as Greggs, Nandos, FaresharelFood Cloud, Makro. Tesco and EMBRACE
(Combined Churches of Belfast)
We have continued hot Halal meals and vegan options in our Drop-ln Centre 3 days per week
and food parcels Tuesdays and Thursdays for our BME service users
We have organised a series of social, educational and recreational events for our service users
We have secured travel costs from Embrace for destitute migrants to enable them to return to
their home countries, as well as other parts of the UK to secure employment
We have provided an ad-hoc day Outreach Service to rough sleepers as requested by service
users, organisations and the public
We have continued altemative therapy sessions for our women's centre service users, such as,
henna, massage, reflexology and hairdressing
We facilitated the Muslim cotnmunity to use our Drop-ln Centre during Ramadan where they
cooked for breaking the fast in the evening and for service users during the day.
We increased our supply of food donations through partnerships with organisations such as
ASDA, Greggs, Foodcloud and Fareshare.
We established a Social Supermarket for local people who are in food poverty. This was done
with support from The Belfast Health Development Unit in City Hall.
PUBLIC BENEFIT STATEMENT
The Board of Homeplus Nl Ltd confirm that they have had due regard for the guidance produced on
public benefit by the Charity Commission for Northern Ireland, and are pleased to report that during the
year the charitable company has continued to provide public benefits through the
programmes and services we offer. In particular, the director5 consider how planned activities will
contribute to the aims and objectives they have set out.

HOMEPLUS NI LTD
(A COMPANY LIMITED BY GUARA1￿rEE)
TRUSTEES REPORT {conVd)
Year ended 31 March 2023
Public Benefrts.
The relief of poverty by providing Street Outreach, Drop-ln Centre, on-call service and
emergency accommodation services for those who are homeless.
The relief of sickness through the provision of first aid, Naloxone, and other Outreach serv ices.
The advancement of education and training.
FINANCIAL REVIEW
The charity, s incoming recourse for the year amounted to £263,406 (2022: £198,562). Principal sources
of funding are from grants and donations. The outgoing expenditure for the year amounted to £245,231
(2022 £189,600) The net incomings for the year amounted to £18,175 {2022: incoming £8,962).
The Charity is extremely grateful to all its grant funders, without whose support Homeplus would not be
able to run a number of its attivities.
GOING CONCERN
The activities of the trustees are dependent on ongoing contributions from its members. The Trustees
are of the opinion that the trustees has sufficient resources at the date of approval of these financial
statements to meet commitments which will arise in the year from the date of signing this report and
subject to the continuing support from members to fund on an ongoing basis the trustee'5 current
activities and other financial commitments.
RESERVES POLICY
The Trustees have considered the level of unrestricted reserves that It is appropriate to hold taking
account of current and ongoing commitments. It is the poliry of the Trustees to hold between two and
six month's normal expenditure, this equate to between £701 and £2,103. At the year-end unrestricted
reserves were £86,395 which represents 3 higher level of reserves. The Trustees, however, consider it
prudent to hold reserves at this level as the funding of its present activities is dependent of the ongoing
financial support of its funders.
RESPONSIBILITIES IN RESPECT OF THE FINANCIAL STATEMENTS
The trustees (who are also the directors of Homeplus Nl Ltd for the purposes of company law) are
responsible for preparing the Directors ' Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
Company law requires the directors to prepare financial statements for each financial year which give a
true and fair view of the state of affairs of the charitable company and of the incoming resources and

HOMEPLUS NI LTO
IA COMPANY UMITED BY GUARANTEE)
TRUSTEES REPORT Icont'd)
Year ended 31 March 2023
application of resources, including the income and expendlture, of the charitable company for that
period. In preparing these financial statements, the directors are required to:
selert suitable accounting policies and then apply them con5iStently;
observe the methods and principles in the Charities SORP 2019 {FRS102);
make judgements and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed , subject to any material
departures disclosed and explained in the financial statements; and
prepare the financial statements on the golng concern basis unless it is inappropriate to presume
that the charitable company will continue to operate.
The directors are responsible for keeping adequate accounting records that disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that
the financial statements comply with the Companies Act 2006, Charities Att (Northern Ireland) 2008 and
Charities Act (Nolthern Ireland) 2013 and Charities (Accounts and Reports) Regulations (Northern
Ireland) 2015. They are also responsible for safeguarding the assets of the charitable company and
hence for taking reasonable steps for the prevention and detertion of fraud and other irregularities.
The direttors are responsible for the maintenance and integrity of the charitable company and financial
information included on the charitable company's website. Legislation in the United Kingdom governing
the preparation and dissemination of financial statements may differ from legislation in other
Jurisdlctions.
RISK REVIEW
A review of major risks has been undertaken by the Trustees and systems and procedures implemented
to manage identified risks. The principal risks are in relation to the likelihood of reputational damage
and financial risks associated with the expectation of ongoing financial support from funders. These
risks are mitigated by the Trustees regularly monitoring the various activities of the charity at stated
meetings and by reviewing available funding streams.
FURTURE PLANS
Objectives for 202312024
To secure funding for staff to run our Drop-In/Advice Centre and Street Outreach projects, Social
Supermarket, and for ongoing revenue costs
To further develop our drop-in centre where BME clients and local homeless people can receive
advice, food, provisions. clothes and shower facllities.
To continue to develop and strengthen links with other agencies
iojPage

HOMEPLUS NI LTD
IA COMPANY LIMITED BY GUARANTEE)
TRUSTEES REPORT (convd)
Year ended 31 March 2Q23
To develop our volunteer resources to include collecting and distributing food donations.
To identify and provide relevant training for our staff and volunteers, particularly in the area of
drug overdosing.
To continue our Street Outreach project providing assistance to rough sleepers 365 nights a
vear.
To continue our Drop-In/Advice Centre project for homeless asylum seekers, refugees, destitute
migrants and local homeless people. We can now develop our face to face advice service since
Covid 19 has ended.
We secured 5-year funding from The National Lottery Fund which allow us to greatly expand the
services we provlde in the Women's Centre, as we feel this group, mothers and children were
particularly damaged by the Covid 19 pandemic.
To develop our diversionary activities programme for service users such as social activities and
day trips.
To work in partnership with hostels, housing 35sociations, NIHE, Mears organisation towards
ensuring suitable accommodation for asylum seekers, refugees and destitute migrants in 3 more
permanent way
To further integrate asylurn seekers, refugees and migrant workers into the community by our
allotment and volunteer opportunities.
Explore alternative rneans of funding and keep upto-date with new programmes and funding
opportunities and continue to report back to our funders as agreed
Disclosure of Information to Independent Exarniner
So far as each of the directors in office at the date of approval of these financi31 statements is aware:
there is no relevant audit information of which the charitable company's independent examiner
is unaware. and
they have taken all the steps that they ought to have taken as directors in order to make
themselves aware of any relevant information forthe Independent examination and to establish
that the ch3ritable company's independent examiner is aware of that information.
IIIP3&rte

HOMEPLUS NI LTD
{A COMPANY UMITED BY GUARANTEE)
TRUSTEES REPORT Iconvd)
Year ended 31 March 2023
Small Companies, Exemption
This report has been prepared in accordance with the special provisions relating to small companies
within Part 15 of the Companies Act 2006 .
Independent Examiner
Hopper & Co., have indicated their willingness to remain in office and a resolution for their re-election
will be proposed at the folthcoming Annual General Meeting.
Approved by the trustees at a meeting on 21
los and signed on its behalf by:
Mr Sean P Conlon
Director & Trustee
121Page

HOMEPLUS NI LTD
(A COMPANY LIMITED BY GUARANTEE)
INDEPENDENT EXAMINERS REPORT
Year ended 31 March 2023
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF HOMEPLUS NI LTD (A COMPANY LIMITED BY
GUARANTEE)
I report on the financial statements of Homeplus Nl Ltd for the year ended 31st March 2023 which are
contained within the 2023 Annual Report.
Respective responsibilities of trustees and independent examiner
Homeplus Nl Ltd 's trustees are responsible for the preparation of the financial statements in
accordance with the terms of the Charities Act (Northern Ireland) 2008.
Homeplus Nl Ltd's trustees consider that an audit is not required under section 65121 (audit) of the
Charities Act (Northern Ireland) 2008 for the year and that an independent examination under section
64(11 of the Charities Art {Northern Ireland) 2008 is required.
It is my responsibility to:
examine the accounts
to state whether particular matters have come to my attention.
Basis of independent examlner's report
My examination was carried out under Section 65 of the Charities Act (Northern Ireland) 2008. An
examination includes a review of the accounting records kept by the Church and a comparison of the
financial statements presented with those records. It also includes consideration of any unusu21 Items or
disclosures in the financial statements, and seeking explanations from the trustees concerning any such
matters. The procedures do not provide all the evidence that would be required in an audit, and
consequently I do not express ari audit opinion on the view given by the financlal statements.
Independent examiner's ststement
In the course of my examination, no matter has come to my attention:
(l) which gives me reasonable G3use to believe that in any material respect the requirements:
131>3ge

to keep proper accounting records in accordance with Section 63 of the charities Act (Northem
Ireland) 2008, and
to prepare financial statements which accord with the accounting record5 in accordance with
Section 64 of the Charities Act (Northem Ireland) 2008 have not been met; or
{2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the
financial statements to be reached.
S Hopper FCA
Partner
Hopper & Co
2, OL£9
141Pdge

HOMEPLUS NI LTD
(A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITY (INCLUDING INCOME AND EXPENDITURE ACCOUNn
for the year ended 31 March 2023
Note
Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Income from:
Donations and legacies
Investment Income
Other
11,983
251.423
263,406
198,489
73
Total Income
11,983
251,423
263,406
198,562
Expenditure on:
Charitable artivities
4,209
241,022
245,231
189,600
Total Expendlture
4.209
241.022
245,231
189,600
Net Income
Transfers between funds
7,774
3,127
10,401
(3,127)
18,175
8,962
Net movement in funds
Funds brought forward
10,901
78,281
7,274
56,802
18,175
135,083
8,962
126,121
Funds carried forward
16
89,182
64,076
153,258
135,083
All income and expenditure derive from continuing activities.
The statement of financial activities includes all gains and losses recognised during the year.

161P3ge

HOMEPLUS NI LTD
(A COMPANY UMITED BY GUARANTEE)
BALANCE SHEEr
As at 31 March 2023
Note
2023
2022
Fixed Assets
Tangible Fixed Assets
Total fixed assets
io
8,786
8,786
4,096
4,096
Current Assets
Debtors
Cash and cash equivalents
Total current assets
11
12,013
145,092
157.105
21,262
119,170
140,432
Creditors- amounts falllng duewithln one year
Total creditors
12
12.632
12,632
9,445
9,445
Net Current Assets
144,473
130,987
Total net Assets
153,258
135,083
Funds of the charity
Unrestrirted funds
General funds
Total unrestricted funds
Restricted Funds
14
89,182
89,182
64,076
78,281
78,281
56,802
15
Totsl charity funds
153,258
135,083
For the ye2r ending 31 March 2023 the company 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.

These financial statements were approved by the board of directors and authorised for issue
on21
and are signed on behalf of the board by:
Mr Sean P Conlon
Director & Trustee
The note5 on pages 18 to 29 form part of these financial statements.
Company Registration Number: Nl 058306
181 P3

HOMEPLUS NI LTD
IA COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
forthe year ended 31 March 2023
I. ACCOUNTING POLICIES
General informatlon and basis of preparation
Homeplus NE Ltd is a charitable company limtted by guarantee and not having a share capital and is
registered in Northern Ireland. The address of the registered office is given in the charity information on
page l of these financial statements.
The company was established under a Memorandum of Association which established the objects and
powers of the charitable company and is governed under its Articles of Association.
The charitable company constitutes a public benefit entity as defined by FRS 102.
Statement of compliance
The financial statements have been prepared in accordance with the accounting policies set out in
notes to the financial statements and applicable accounting standards, Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Repolting Standard applicable in the UK and Republic of Ireland issued
in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland (FRS 102 Section IA), the charity's goveming document, the Charities Act (Northern Ireland)
2008, Charities Act (Northern Ireland) 2013 , The Charities (Accounts and Reports) Regulations {Northern
Ireland) 2015, Companies Act 2006 and UK Generally Accepted Practice.
The financial statements are prepared on a going concern basis under the historical cost convention.
The financial statements are Prepared in sterling which is the functional currency of the charity rounded
to the nearest £1.
The significant accounting policies applied in the preparation of these financial statements are set out
below. The directors consider that these policies are suitable, have been consistently applied and are
supported by reasonable and prudent judgements and estimates.
FUND ACCOUNTING
The charity has various types of funds for which it is responsible, and which require separate disclosure.
A definition of the various types of funds is as follows:
Restricted funds comprise (a) income from endowments which is to be expended only on the restricted
purposes Intended by the donor and {b) revenue donations or grants for a specific charitable activitv
intended by the donor. Where these funds have unspent balances, interest on their pooled investment
is apportioned to the individual funds on an average balance basis.

HOMEPLUS NI LTD
(A COMPANY LIMITED BY GUARAwfEE)
NOTES TO THE ACCOUNTS {conVd)
31 March 2023
Unrestricted funds are funds which are expendable at the discretion of the Charity in furtherance of its
objectives. In addition to expenditure on activities such funds may be held in order to finance capital
investment and working capit31.
Designated funds are general funds set aside by the trustees for use in the future.
INCOMING RESOURCES
All incoming resources are included in the Statement of Financial Activities {SoFA) when the charity is
legally entitled to the income after any performance conditions have been met, the amount can be
measured reliably, and it is probable that the income will be received.
For donations to be recognised the charity will have been notified of the amounts and the settlement
date in writing. If there are conditions attached to the donation 3nd this requires a level of performance
before entitlement can be obtained, then incorne is deferred until those conditions are fully met or the
fulfilment of those conditions is within the control of the charity, and it is probable that they will be
fulfilled.
Voluntary income received by way of donations and gift is credited to revenue on a receivable basis.
The charity receives grants in respect of support services. Incorne from government and other grants are
recognised at fair value when the charlty has entitlement after any performance conditions have been
met, it is probable that the income will be received, and the amount can be measured reliably.
If entitlement is not met, then these amounts are deferred. Revenue grants are credited to incoming
resources on the earlier date of when they are received or when they are receivable unless they relate
to a specified future period.
Other income represents income that cannot be reported under the other analysis headings provided
within the SOFA.
(i)
Incoming resources with related expenditure
Where incoming resources have related expenditure (as with insurance proceeds) the incoming
resources and related expenditure are reported gross in the SOFA.
201P3g"

HOMEPLUS NI LTD
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS Iconvd)
31 March 2023
Grants and donations
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to
the resources.
(illl Tax reclaims on donations and gifts
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they
relate.
(iv)
Contractual Income and performance related grants
This is only included in the SOFA once the related goods or services have been delivered.
(v)
Glfts in kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount
actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold
or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming
resources when receivable.
Ivl)
Donated services and facilities
These are only included in incoming resources (with an equivalent amount in resources expended)
where the benefit to the charity is reasonably quantifiable, measurable and material. The value place on
these resources is the estimated value to the charity of the service or facility received.
{vii) Investment income
This is included in the accounts in the period to which it relates.
{viii) Investment gains and losse5
This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing
investments to market value at the end of the year.
EXPENDITURE AND UABILITIES
All expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all costs related to the category. It is categorised under the following headings:
Expenditure on charitable activities comprises those costs incurred by the charity in the delivery
of its activities and seniices for its beneficiaries and includes salary costs, support servlce
expenses, and an apportionment of support costs;
Other expenditure represents those items not falling into the categories above.
211Page

HOMEPLUS NI LTD
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCou￿r$ (cont'd)
31 March 2023
(i)
Liability recognition
Liabilities are recognised where there is a legal or constructive obligation to make payments to third
parties, it is probable that the settlement will be required, and the amount of the obligation can be
measured reliably.
<11)
Governance costs
These are shown within charitable activities and include the costs of preparation and examination of
accounts, the costs Df trustee meetings and cost of any legal advice to trustees on governance or
constitutional matters.
Grants with perforniance conditions
Where the charity gives a grant with conditions for its payrnent being a specific level of service or output
to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided
the specified Service or output_
(iv)
Grants payable wlthout performance conditions
These are only recognised in the accounts when a commitment has been made and there are no
conditions to be met relating to the grant which remain in the control of the charity.
(v)
Support costs
Support costs are those that assist the work of the charity but do not directly represent charitable
activities and include office costs, governance costs and administrative payroll costs.
They are incurred directly in support of expenditure on the objects of the charity. Where support costs
cannot be directly attributed to particular headings, they have been allocated to cost of raising funds
and expenditure on charitable activities on a basis consistent with use of the resources. Premises
overheads have been allocated on a basis consistent with the use of the resources. Staff costs and
other overhead5 have been allocated based on time spent, per capita and activity.
Employee benefits
When employees have rendered service to the charity, sholt-term employee benefits to which the
employees are entitled are recogni5ed at the undiscounted amount expected to be paid in exchange for
that service.
Value Added Tax
The charity is not registered for VAT purposes, therefore expenditure is shown gross of VAT.

HOMEPLUS NI LTD
(A COMPANY LIMrrED BY GUARANTEE)
NOTES TO THE ACCOUNTS Iconvd)
31 March 2023
ASSETS
(i)
Tangfble Fixed Assets
The cost of tangible fixed assets IS their purchase cost, together with any incidental costs of acquisition.
Depreciation is calculated so as to wnte off the cost of tangible fixed assets, less their estimated residual
values, on a straight-line basis over the expected useful economic lives of the assets concerned. The
princip21 annual rates used are as follows:
Fixtures and fittings
Motor vehicles
25% Straight line
25% Reducing balance
In accordance with FRS102, assets under construction are not depreciated until such times as they are
available for use.
Where the recoverable amount of a fixed asset is found to be below it5 net book value, the asset is
written down to the recoverable figure and the loss on impairment is recognised in the SOFA.
(li)
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other
investment assets are included at trustees, best estimate of market value.
Investments
Leases
Rentals payable under operating leases are charged to the SOFA on a straight-line basis over the period
of the lease.
Tax
As a charity, the company benefits from various exemptions afforded by tax legislation. It is therefore
not li3ble to corporation tax on income or gains falling due within those exemptions. Recovery is made
of tax deducted from receipts under gift aid.
Going concern
The financial statements have been prepared on a going concern basis as the trustees believe that no
material unceltainties exist. The trustees have considered the level of funds held and the expected level
of income and expenditure for 12 months frorn authorising these financial statements. The budgeted
income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a
going toncern.
Judgements and key sources of estimation uncertainty
The following judgements including those involving estimates have been made in the process of
applying the above accounting policies that have had the most significant effett on the amounts
recognised in the financial statements 2nd that have a significant risk of causing a material adjustment
to the carrying amounts of assets and liabilities within the next financial year:

HOMEPLUS NI LTD
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS Iconvd)
31 March 2023
depreciation method and asset useful lives
The estimates and assumptions are reviewed on an ongoing basis considering the current and future
market conditions.
2. DONATIONS AND LEGACIES
Unrestricted Restricted Funds
Funds
Total
2023
Donations and gifts
Grants
11,983
1,000
250,423
12,983
250,423
11,983
251,423
263,406
Unrestrirted Restricted Funds
Funds
Total
2022
Donations and gifts
Grants
20,563
8,239
169,687
28,802
169,687
20.563
177,926
198,489
24 | P&7

HOMEPLUS NI LTD
IA COMPANY LIMrrED BY GUARANTEE)
NOTES TO THE ACCOUNTS (convd)
31 March 2023
Grants Receivable
Restricted Funds:
2023
2022
Cash Kids
Garfield Weston Foundation
Halifax
5,300
25,000
9,918
5,500
44,327
OFMDFM
Socialsm
The National Lottery
Tudor Trust
Ulster Garden Villages Limited
44,896
16,800
146,883
30,000
6,544
54,942
30,000
250,423
169,687
3. INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Deposit interest
73
73
4. OTHER INCOME
Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Other Income
251 133 ge

HOMEPLUS NI LTD
(A COMPANY UMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS Icont'd)
31 March 2023
5. CHARITABLE ACTivrriES
Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Employment Costs
Direct Costs
Establishment Costs
Repairs and Maintenance
Profit on Disposal of Fixed Assets
Depreciation
Sundry Expenses
Governance costs {note 6)
(5,830)
2,832
56
605
157,256
35,682
15,664
5,424
151,427
38,514
IS,720
6,029
108,283
26,366
8,856
17,226
928
5,618
2,400
266
24,230
1,294
29,847
2,400
1,339
25,131
2,400
4,209
241,022
245,231
189,600
6. GOVERNANCE COSTS
UnrestrEcted
Funds
Restrirted
Funds
Total
2023
Total
2022
Independent Examination fees
2,400
2,400
2,400
2,400
2,400
2,400
261 P3

HOMEPLUS NI LTD
(A COMPANY LIMITED BY GUARANTEE}
NOTES TO THE ACCOUNTS {conVd)
31 March 2023
13. CONTINGENT LIABILITIES
The charitable company has a contingent liability to repay grants received if the company fails to
comply with certain conditions stiptjlated in the letter of offer and terms and conditions of contract
under which the grants were paid. The directors do not expect any claims to be made in this
respect.
14. FUND BALANCES
Fund
Balance at
stsrt
Income Expendltur Surplus /
(Defitit)
Transfer
Balance at
end
Unrestricted Fund5
General fund
78,281
11,983
(4,209)
7,774
3,127
89,182
78,281
11.983
{4,209)
7.774
3,127
89,182
Restricted Funds
Cash Kids
CFC
Donations
Garfield Weston Foundation
Halifax
Homeless Connect
John Moore
LFT
OFM DFM
SA WA Funders
Shorts Bombardier
Social Supermarket
Tudor Trust
The National Lottery
VSB
Ulster Garden Villages
5,300
1,000
(5,300)
(3,495)
(2,4951
1,905
3,067
1,3S8
1,933
3,076
25,OlX)
6,157
64
28
4,995
1,536
(4)
(i)
(9)
(23,632) (23,632)
(4,224)
(4,2241
28
4,995
1,432
44,896
(45,000)
(104)
16,800
30,0130
146,883
(5,010)
(29,750)
{124,611)
11,790
250
22.272
(3,127)
8,664
2,510
31.571
2,260
9,299
{4}
(4)
6,544
6,544
6,540
56,802
251,423
(241,022)
10,401
{3,127)
64,076
Total
135,083
263,406
1245,231)
18,175
153,258
291P3gp

AOMEPLUS NI LTD
(A COMPANY UMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS Icont'd)
31 March 2023
15. ANALYSIS OF NET ASSEfs BEfwEEN FUNDS
Unrestrlcted Restrirted Funds
Funds
Total
2023
Fixed Assets
Net Current Assets
2,787
86,395
5,999
58,077
8,786
144,472
89,182
64,076
153,258
Unrestrirted Restricted Funds
Funds
Total
2022
Fixed Assets
Net Current Assets
3,715
74,566
381
56,421
4,096
130,987
78.281
56,802
135,083
16. FINANCIAL COMMITMENT
No contratts had been placed for future capital expenditure at the balance sheet date
17. LIABILITY OF MEMBERS
Homeplus Nl Ltd is a company limited by guarantee and does not have a share capital. It is governed bv
a Memorandum and Articles of Association and the liability of member s is limited to 3n arnount not
exceeding £1.
18. ULTIMATE CONTROLLING PARTY
There is no ultimate controlling party.
19. ETHICAL STANDARDS
In common with many other organisations of our size and nature, we use our independent examiner to
prepare and assist in the preparation of the financial statements.
20. RELATED PARTIES
There were no related party transactions during the year {2023." £Nill.
30IP3ge