Charity Re9lStration No. 100736 DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mrs Karen Martin Mrs Caroline Digney Mrs Yvonne Curran Mr Douglas Martin Mrs Marissa Mcshane {Appointed 20 October 2022) Mrs Joan McGuinness Charity number 100736 Independent examiner FPM Accountants Ltmited Dromalane Mill The Quays Newry Co. Down Northern Irelar BT35 8QS Bankers Ulster Bank Business Banking 11-16 Donegall Square East Belfast Co. Antrirn Northern IrelarKI BTI SUB
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) CONTENTS Page Trustees. report Independent examinef's report Statement of financial activities Balance sheet Notes to the financial statements 7-12
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) TRUSTEES, REPORT FOR THE YEAR ENDED 5 APRIL 2023 The trustees present their report and financial statements for the year ended 5 April 2023. Objectives and activities The purpose of the Down Right Brilliant {"DRB") is= To establish and run a non-profit organisation in the Newry & Mourne area to encourage people with Down Syndrome to achieve their full potential To promote the integration of people with Down Syndrome within the local community To provide support and assistance to all parents of children with Down Syndrome To provide appropriate support and information to new parents of babies with Down Syndrome In setting our objectives and planning our activities for the year the trustees have given careful consideration to the Charity Commi55ion for Northern Ireland's guidance on public benefit, to ensure that the actwities have helped to achieve the charity's purpose and provide a benefit to the beneficiaries. Income for the year of £33,837 {2022.' £13,799) was significantly higher than the previous yeai. DRB was able to increase fundraising activities, following the pandemic-related restrictions of the previous two financial years. At the year-end DRB had cash of £50,549 and is well-placed to continue with it5 charitable activities. New parents and their families continue to join DRB and there are currently 60 members. DRB continued with weekly speech and drama classes for its members. DRB also operated its weekly youth club for Junior and Senior members and their siblings, with activities including arts and crafts, exercise, dance and film nights. Furthermore, DRB held its children's Summer Scheme which included a visit to an outdoor activity centre and a well-being workshop. Regular meetings were held for parent5 With a variety of speakers relevant to Down Syndrome. FurtrMore, DR8 organised well-being events for parents. During the year DRB held three large events.. a gala ball, a Christmas dinner and a fashion show. Financial review It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to beeen three and six month's expenditure. The trustees considers that reserves at this level will ensure thal in the event of a significant drop In funding. they will be able to continue the charity's current activities while consideration 15 given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. The trustees have assessed the major risks to which the charity 15 exposed, and are satisfied that systems are in place to mitl9ate exposure to the major risks.
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) TRUSTEES. REPORT (CONTINUED) FOR fHE YEAR ENDED S APRIL 2023 Structure, governance and management In setting our objectives and planning our activities for the year the tnjstees have given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit. to ensure that the actwities have helped to achieve the charity's purpose and provide a benefit to the beneficiaries. The trustees who served during the year and up to the date of signature of the financial statements were.. Mrs Karen Martin Mrs Caroline Digney Mrs Yvonne Curran Mr Douglas Martin Mrs Marissa Mcshane Mrs Joan McGuinness Mrs Mary McAleenan (Appointed 20 October 20221 (Resigned 20 October 2022) The trustees, report was approved by the Board of Trustees. Mr5 Yvonne Curran Trustee Dated: 18 October 2023
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) We report to the trustees on our examination of the financial statements of Down Right Brilliant (Newry and Mourne Down's Syndrome Support Group) (the charity) for the year ended 5 April 2023. Responsibilitie5 and basis of report As the trustees of the charity you are responsible for Ihe preparation of the financial statements In accordance with thp rpqiiirpmpnts nf relp.vant Ip.gislation. Having satisfied myself that the financial statements of the charity are not required to be audit and are eligible for independent examination, I report in respect of my examination of the charity's fi'nancial statements carried out under section 65 of the Charities Act {Northern Ireland) 2008 (the 2008 Act). In carrying out my exInatIon I have followed all the applicable Directions given by the Charity Commission under section 65191(bl of the 2008 Act. We report in respect of rny examination of the charity's financial statements. Independent examinèr's statement Your attention is drawn to the fact that the charity has prepared financial statement5 in acCOrdae with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable iri Ilie UK diid Répoblii of Ii'eiand IFR) 1021 iri Pi eferen¥e to the Ac¢u11n9 and P.eport ng by Charities.. Ctatement of Recommended Practice. We understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice. We have completed our examination. We confirm that no matters have come to our attention in connection with the examination giving us cause to believe that in any material respect..
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) INDEPENDENT EXAMINER'S REPORT (CONTINUED) TO THE TRUSTEES OF DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) Accounting record5 were not kept in respect of the charity. or The financial statements do not accord with those records,. or The financial statements do not comply with the applicable requirements concerning the form and content of accounts. We have no concerns and should b drawn in this re ave come across no other matters in connection with the examination to wFich attention rt in order to enable a proper understanding of the financial statements to be reached. Fear l Mccormack FCA For, and on behalf of, FPM Accountants Limlted Chartered Accountants Statutory Auditors Dromalane Mill The Quays Newry Co. Down BT35 8QS Northern Ireland Dated.. 18 October 2023
DOWN RIGHT BRILLIANT {NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED S APRIL 2023 Unrestricted Restricted funds funds 2023 2023 Total Unrestricted funds 2022 Restricted funds 2022 Total 2023 2022 Notes Incomè from: Donations and legacies Other trading activities 19,624 13.713 5(M) 20,124 13.713 13,799 13,799 Total income 33,337 500 33,837 13,799 13,799 end5ture on; Chafltable activities 28.853 19.307 48,160 16.583 1,955 18,538 Gross transfers between fund5 Net movement in funds (17,242) 120,0261 17,242 15,287 4.484 118.8071 14,323 (4,739) Fund balances at 6 April 2022 46,054 18,807 64,861 66,080 3,520 69,600 Fund balances at 5 April 2023 50,538 50,538 46,054 18,807 64,861 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) BALANCE SHEET ASA T5 APRIL 2023 2023 2022 Notes Current assets Cash at bank and in hand 50.549 65,110 Credltors: amounts falling due within one year (111 1249) Net current assets 50,538 64,861 Incom• funds Restricted funds Unrestricted funds 18,807 46,054 50.538 50,538 64,861 The financial statements were approved by the Trustees on 18 Octobef 2023 Mrs Yvonne Curran Trustee
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2023 Accounting policies Charity infomiation Down Right Brilliant {Newry & Mourne Down's Syndrome Support Group) meets the definition of a publc benefit entity under FRS 102. 1.1 Accounting convention The financial statements have been prepared in accordance with the chanty's governin9 document, the Charities Act {Northern Ireland) 2008 and "Accounting and Reporting by Charities.. Statement ol Recommended Practice applicable to charities PTeparin9 their accounts in accordance with the Financb31 Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. las arnended for accounting periods commencing from l January 2019). The charity 15 a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statement5 are prepared in sterling, which is the hjnctional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the histortcal cost convention. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discietion of the trustees in furtherance of their charitable objectives. Restncted fund5 are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted fund5 are set out in the notes to the financial statements. Endowment funds are subject to specifi'c conditions by donors that the capital must be maintained by the charity. 1.4 Income Income is recognised when the charity is lega15y entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift th"d or deed5 of covenant is recognised at the time of the donation.
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED S APRIL 2023 Accounting policies (Continued) Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known. and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party,it is probable that settlement will be required and the amount of the obligation can be meaSud reliably. Expenditure is cla55ified under the following activity headings-. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and seNices for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to SUPPOrt them. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. 1.6 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks. other short-term liquid investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. Basic financial assets 8asic financial assets, which include debtors and cash and bank balance5, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabllltles Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction. where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities clbssified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If no¢ they are presented as non-current liabilities. Trade creditors are recogni5ed initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 Accounting policies (Continued) 1.7 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee'5 seNices are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. Critical accounting estimates and judgements In the application of the charity's accounting policies. the trustees are required to make judgemt$. estimates and a55umptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated 355umptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only Ilidl ygiiu¢J, ui li I 11 ie yei iuJ uf tliè I'evision and future periods where the revision affects both currcnt and future periods. Donations and le9a¢ies Unrestricted Restricted funds funds Total Unrestricted funds Total 2023 2023 2023 2022 2022 Donations Donated goods and services 19.6?4 50n 20,12a 13,719 80 80 19.624 500 20,124 13,799 13,799
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED S APRIL 2023 Other trading activities Unrestricted funds Total 2023 2022 Fundraising events 13,713 Charitable a¢tivities Expenditure 2023 Expenditure 2022 Speech Therapy Drama Other Activities Room Hire Outings Equipment Sundry Expenses Wages Bank Charges 570 2,599 7.975 7,080 8,430 356 2,246 18,680 224 546 1,894 6,670 331 3.497 5.460 140 48.160 18,538 Anatysis by fund Unrestricted funds Restricted funds 28.853 19,307 16,583 1,955 48.160 18,538 Trustees None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. 10-
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 Employees The average number of employees during the year was-. 2023 Number 2022 Number Employment costs 2023 2022 Wages and salaries 18.680 5,460 Creditors: amounts falling due within one year 2023 2022 Other taxation and social security 249 A liability of £11 {2022.' £249) exists in respect of PAYE at the year end. Restricted funds The income funds of the charity include restricted funds comprising the following unexpended balance5 of donations and grants held on trust for specific purposes= Movement in funds Incoming Resources Balantè at r¢sources expended S Aprll 2023 Balanc• •t 6 April 2022 Lightbody Foundation The Community Foundation Garfield Weston Awards for All Warrenpoint Port 7,139 1,565 588 9.515 7,139 1.565 588 9.515 500 500 18.807 500 19,307 11
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR fHE YEAR ENDED S APRIL 2023 10 Analysis of net assets between funds Unrestricted Restricted funds fvnds 2023 2023 Total Unrestricted Restricted funds funds 2022 2022 Totsl 2023 2022 Fund balances at 5 April 2023 are represented by.. Current assets/lliabilities) 46,054 18,807 50,538 66,080 3,520 64,861 46,054 18,807 50,538 66,080 3,520 64,861 1 l Related party transactions There were no disclosable related party transactions durin9 the year12022 - none). 12-