Charity registration number 100736 DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mrs Caroline Digney Mrs Yvonne Curran Mrs Marissa Mcshane Mrs Joan McGuinness Mrs Clara Reilly (Appointed 9 February 2024) Charity number 100736 Independent examiner FPM Accountants Limited Dromalane Mill The Quays Newry Co. Down Northern Ireland 8T35 8QS Banker5 Ulster Bank Business Banking 11-16 Donegall Square East Belfast Co. Antrim Northern Ireland BT1 SUB
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) CONTENTS Page Trustees, report Independent examiner's report Statement of financial artivities Balance sheet Notes to the financial statements 8-15
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) TRUSTEES. REPORT FOR THE YEAR ENDED 5 APRIL 2024 The trustees present their annual report and financial statements for the year ended 5 April 2024. The financial statements have been prepared in accordance with the accounting policies set out in note note,note01 to the financial statements and comply with the charity's governing document, the Charities (Northern Ireland) Act 2008 and "Accounting and Reporting by Charities= 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 1021" (effective 1 January 2019). 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 Commission for Northern Ireland's guidance on public benefit, to ensure that the actuities have helped to achieve the charity's purpose and provide a benefit to the beneficiaries. Income for the year of £61,163 12023: £33,837) was significantly higher than the previous year. DFIB was able to increase fundraising activities, and apply for project specific grant funding. At the year-end DRB had cash of £51,966 and is well-placed to continue with its charitable activities. New parents and their families continue to join DRB and there are currently 65 members. DRB continued with weekly classes in speech,. drama- movement; cycling and numicon for its members and began occupational therapy based activity classes. 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. DR8 held its children's annual Summer Scheme for juniors and seniors with week long activities to promote health and wellbeing as well as fun trips and social activities, which included a visit to an outdoor activity centre and a well-being workshop. Regular meetings were held for parents with a variety of speakers relevant to Down Syndrome. FurtlErmore, DRB organised well-being events for parents. During the year DRB held large events- a gala ball and a Christmas dinner. 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 at least six month's expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional fvnds may be raised. This level of reseNes has been maintained throughout the year. The trustees have assessed the major risks to which the charity is exposed, and are satisf led that systems are in place to mitigate exposure to the major risks.
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) TRUSTEES. REPORT (CONTINUED} FOR THE YEAR EIVDED 5 APRIL 2024 Structure, governance and management In setting our objectives and planning our activities for the year the trustees have given careful consideration to the Charity Commission for Northem 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 (Resigned 9 February 2024) Mrs Caroline Digney Mrs Yvonne Curran Mr Douglas Martin Mrs Marissa Mcshane Mrs Joan McGuinness Mrs Clara Reilly {Resigned 9 February 2024) (Appointed 9 February 2024) The trustees, report was approved by the Board of Trustees. Mrs Caroline Digney Co Chair Dated.. 10 July 2024 Mrs Yvonne Curran Co Chair Dated=I0 July 2024
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 5 APRIL 2024 The trustees are responsible for preparing the Trustees. Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice). The Law applicable to charities in Northern Ireland requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of tIE incoming resources and application of resources, including the income and expenditure, of the charity for that year. 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 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 going concem basis unless it is inappropriate to presurrE that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that 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 Charities Act {Northern Ireland) 2008. 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.
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 ststements of Down Right Brilliant {Newry and Mourne Down's Syndrome Support Group) (the charity) for the year ended 5 April 2024. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of relevant legislation. Having satisfied myself that the financial statements of the charity are not required to be audit&l and are eligible for independent examination, I report in respect of my examination of the charity's financial statements carried out under section 65 of the Charities Act (Northem Ireland) 2008 (the 2008 Act). In carrying out my exanination I have followed all the applicable Directions given by the Charity Comrnission under section 65(9)Ib} of the 2008 Act. We report in respect of my examination of the charitys financial ststements. Independent examiner's statement Your attention is drawn to the fart that the charity has prepared financial statements in aCcOrdae with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Fiepublic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities.. Statement 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.
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) 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.. Accounting records 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 accou nt5. We have no concerns and have com should be drawn in this report in or cross no other matters in connection with the examination to wlich attention to enable a proper understanding of the financial statements to be reached. Fear l Mccormack FCA For, and on behalf of, FPM Accountants Limited Chartered Accountants Statutory Auditors Dromalane Mill The Quays Newry Co. Down BT35 8QS Northern Ireland Dated.. 10 July 2024
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) STATEMENT OF FINANCIAL AcfiviTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 5 APRIL 2024 Unrestricted Restricted funds funds 2024 2024 Totsl Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Note5 Income from.. Donations and legacies Other trading activities 21.743 9,497 29.923 51.666 9.497 19,624 13.713 500 20,124 13,713 Total income 31,240 29.923 61.163 33.337 500 33,837 enditure on: Charitable activities 37.498 29.923 67.421 28,852 19,307 48,159 Net movement in funds (6,258) {6.258) 4,485 (18,807) (14,322) Fund balances at 6 April 2023 50.538 50,538 46,053 18,807 64,860 Fund balances at 5 April 2024 44.280 44.280 50.538 50,538 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 T5APR/L 2024 2024 2023 Notes Current a55etS Debtors Cash at bank and in hand 60 51.966 50,549 52.026 50,549 Creditors: amounts falling due within one year 10 17,746) (11) Net current assets 44,280 50,538 Net assets excluding pension liability 44,280 50,538 The funds of the charity Unrestricted funds 44,280 50,538 44,280 50,538 The financial statements were approved by the trustee5 on 10 July 2024 Mrs Caroline Digney Co Chair Mrs Yvonne Curran Co Chair
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) NOTES TO THE FINANCIAL STATEMENTS FOR fHE YEAR ENDED 5 APRIL 2024 Accounting policies Charity information Down Right Brilliant (Newry & Mourne Down's Syndrome Support Group) meets the definition of a public benefit entity under FRS 102. 1.1 Accounting convention The financial statements have been prepared in accordance with the charity's governing document, the Charities Act (Northern Ireland) 2008 and "Accounting and Reporting by Charities: Statement ol Recommended Practice applicable to charities preparing their accounts in accordance with the Financk31 Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" las amended for accounting periods commencing from l January 2019). The charity is 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 statements are prepared in sterling. which is the fijnctional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical 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 concem basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions hwe been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipL Other donations are recognised once the charity has been notified of the donation, unless performance conditians require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds 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 EIVDED 5 APRIL 2024 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 amoLJnt is not known. th@ l@gacy is treated as a contingent asset. 1.5 Expenditure Expenditure is recognised once there 15 a legal or constructive obligation to make a payment to a third paty,it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings= Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services 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. 1.7 Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic f Inancial assets Basic financial assets, which include debtors and cash and bank balances, 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.
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EIVDED 5 APRIL 2024 Accounting policies (Continued) Inancial liabilittes Basic financial liabilities, including creditors and bank loans are inrtially recognised at transaction price unle55 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 classified 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 operation5 from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not. they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of finanaal liabilit5 Financial liabilities are derecognised when the charitys contractual obligations expire or are discharged or cancelled. 1.8 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's 5eNices 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 jUdgemts, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions 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 that period, or in the period of the revision and future periods where the revision affects both current and future periods.
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Donations and legacies Unrestricted Restricted funds funds Total Unrestricted funds Restricted funds Total 2024 2024 2024 2023 2023 2023 Donations 21,743 29,923 51,666 19.624 500 20,124 21,743 29,923 51,666 19,624 500 20,124 Income from other trading activities Unrestricted Unrestricted funds funds 2024 2023 Fundraising events 9,497 13,713
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EIVDED 5 APRIL 2024 Charitable activities Expenditure 2024 Expenditure 2023 Other Workshops Youth Club and Summer Scheme Venue Hire Outings Printing Movement / Drama l Music Equipment Sundry Expenses Wages Training Bank Charges 1,987 7,974 7,080 8,430 10.074 8.424 241 3.285 551 779 10.313 560 3,169 356 2,246 18,680 224 67.421 48,159 Analysis by fund Unrestricted funds Restricted funds 37,498 29.923 28,852 19,307 67.421 48,159 Trustees None of the trustees (or any persons connected wth them) received any remuneration or benefits from the charity during the year. Employees The average number of employees during the year was.. 2024 Number 2023 Number
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EIVDED 5 APRIL 2024 Employees (Continued) Employment costs 2024 2023 Wages and salaries 24,102 18,680 Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. Debtors 2024 2023 Amounts falling due within one year. Other debtors 60 10 Creditors: amounts falling due within one year 2024 2023 Notes Other taxation and social security Deferred income Trade creditors Other creditors 319 5,512 1,885 30 7.746 A liability of £31912023: £11) exists in respect of PAYE at the year end. 11 Deferred income 2024 2023 Arising from Unspent Grants 5,512
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EIVDED 5 APRIL 2024 11 Deferred income (Continued) Deferred income is included in the financial statements as follows.. 2024 2023 Deferred income is included within: Current liabilities 5,512 Movements in the year. Deferred income at 6 April 2023 Resources deferred in the year 5.512 Deferred income at 5 April 2024 5,512 12 Restricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. Movement in funds Incorning Resources Balance at resources expended 5 April 2024 Balance at 6 Awil 2023 ABBIE Trueman Trust Northern Bank Stafford Trust Ulster Garden Villages Other Grants 1.320 3.750 2.403 3,000 s.000 3,000 1,450 {1,320) {3,750) {2,403} {3,000} {5,0001 {3,0001 {1,450} 29.923 (29,9231
DOWN RIGHT BRILLIANT (NEWRY AND MOURNE DOWN'S SYNDROME SUPPORT GROUP) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 13 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 6 Aprbl 2023 Incoming resources Resources expended At 5 April 2024 General funds 50,538 31,240 (37,498) 44,280 Previous year: At 6 April 2022 Incoming resources Resources expended At 5 April 2023 General funds 46.053 33,337 {28,852) 50,538 14 Related party transactions There were no disclosable related party transactions during the year (2023 - none).