Registered number: N1069097 Charity number: NIC100744 EAST BELFAST MISSION (A Company Limited by Guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
EAST BELFAST MISSION IA Company Limited by Guarantee) CONTENTS Page Reference and Administrative Details of the Company, its Trustees and Advisers Trustees. Report Independent Auditors. Report on the Financial Statements Statement of Financial Activities 2-16 17-20 21 Balance Sheet 22-23 Statement of Cash Flows 24 Notes to the Financial Statements 25-41
EAST BELFAST MISSION (A Company Limited by Guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2022 Trustees Mr S Curragh Mrs L J Hopley Ms G Mercer Mr D Jackson Mrs N Hardon (Resigned 27 October 2022) Rev B Anderson Mr B Maxwell Mr I Colville Mr Jamie Watson Mr Derek Wylie Company registered number N1069097 Charity registered number NIC100744 Registered office 239 Newtownards Road Belfast BT4 1AF Independent auditors Miscampbell & Co 6 Annadale Avenue Belfast BT7 3JH Solicitors Millar Mccall Wylie 396 Upper Newtownards Road Belfast BT4 3EY CMG Cunningham Dickey Solicitors 18 May Street Belfast BT14NL Bankers Ulster Bank Limited Connswater Arches Retail Park Belfast BT5 4AF Page 1
EAST BELFAST MISSION (A Company Limited by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 The Board of East Belfast Mission has pleasure in presenting their report for the year ended 31 December 2022. This report is prepared in accordance with the Manual of Laws of the Methodist Church in Ireland and the statement of Recommended Practice "Accounting and Reporting by Charities (Revised 2015)°. The Board expresses deep gratitude to its 90 staff and 100 volunteers for their hard work and efficiency in the day to day administration of the Mission's programmes and services. structure, Governance and Management a. Constitution The East Belfast Mission (°EBM") was brought into existence by the Annual Conference of the Methodist Church in Ireland under the Methodist Church in Ireland Act 1928. In 2008 the Mission was incorporated as a company limited by guarantee. EBM is also governed by the Constitution (Manual of Laws) of the Methodist Church in Ireland as set out under the Methodist Church in Ireland Act 1928. The Mission has been granted charitable status by HMRC and accordingly is exempt from income tax, corporation tax and capital gains tax. Its charity reference number is XN68566 and its company reference is N1069097. EBM has successfully completed the registration process with the Charity Commission in Northern Ireland and its Northern Ireland Charity Commission number is NIC100744. b. Governance In May 2014 the EBM board of directors approved a 'Corporate Governance Framework,, which provides information on the arrangements, which have been established to ensure proper and effective management of EBM'S affairs. The framework rnade provision for and developed the 'Terms of Reference, of the following committees.. Finance, Audit and Risk Governan Appointments and Remuneration c. Policies Adopted for the Induction and Training of Directors A structured induction process has been implemented for new board members and ongoing training has been provided to existing directors. All directors have received Governance training from the company solicitor and Director Handbook and a Conflict of Interest Policy were implemented. d. Management Structure The board is nominated locally and approved annually by the Conference of the Methodist Church in Ireland and at 31 Dernber 2022 comprised of 9 members. Page 2
EAST BELFAST MISSION (A Company Limited by Guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Structure, Governance and Management (continued) e. Risk Management The board assesses the major risks to which the charity is exposed on an ongoing basis, in particular those related to the operations and finances of the company and is satisfied that systems are in place to mitigate our exposure to the major risks. The Finance, Audit and Risk Committee will ensure a regular review of risks takes place. The principal risks facing East Belfast Mission relate to safeguarding of its clients which the company manages through the deployment of appropriately qualified and trained staff and of appropriate standards. The main uncertainty facing the organisation relates to the funding environment in which the company operates. At the time of writing this report Public Funding in Northern Ireland is in crisis and many people who might use the Mission's social economy businesses are struggling in the ongoing 'cost of living crisis,. In this financial context EBM continues to apply its financial policies which ensure a 'Full Cost Recovery, model applied across the Mission projects, except where the EBM Board make an informed decision to charitably subsidise a programme or activity- f. Purpose and Public Benefits The purpose of East Belfast Mission is the advancement of the Christian Faith as understood by the Methodist Church in Ireland and for the promotion for the public benefit and social good of East Belfast, being an area of social and economic deprivation. The objectives of East Belfast Mission will have the following public benefits.. the relief of poverty in such ways as may be thought fit., the relief of unemployment in such ways as may be thought fit including assistance to find employment., (iii) the advancement of education, training or retraining, particularly among unemployed people, and providing unemployed people with work experience-, (iv) the relief of those in need by reason of youth. age, ill health, disability financial hardship or other disadvantage. Objectives and Activities Page 3
EAST BELFAST MISSION (A Company Limited by Guarantee TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Objectives and Activities (continued a. Policies and Objectives East Belfast Mission's current Strategic Plan articulated our main aim, which is 'to provide love and leadership in East Belfast. The delivery of this strategic aim, includes the following core priorities. Christian Communi To respond to the spiritual and pastoral needs of the congregation and wider community. Welcomin Facili To provide a welcoming and safe space where people can find appropriate information and social support. Nei hbourhood Services To ensure that individuals in the community have access to appropriate services and training to respond to their needs. Homelessness Services To ensure that people who are homeless, or at risk of homelessness have an effective response to their needs. Em lo abili Services To support people in their progression in gaining and sustaining appropriate employment. Communi Initiatives To promote the development of the whole community. b. Financial Performance East Belfast Mission has an overall deficit of £65,620 during this year. This deficit is made-up of.. Restricted funds of £31,592 Unrestricted funds of (£97,212) Page 4
EAST BELFAST MISSION (A Company Limited by Guarantee TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Objectives and Activities {continued) c. Review of Activities The board wish to take this opportunity to review EBM'S performance over the past year and report on the work of the organisation, which continues to seek to work with everyone in the East Belfast Community. In 2022 East Belfast Mission successfully pursued the first year of its new Strategic Plan to 'provide love and leadership in East Belfast. We have continued our journey to ensure the financial resilience of EBM. In January 2023, the final re-payment was made to The Methodist Church in Ireland against borrowings from them, leaving EBM without any debt. A small financial reserve has been established and we will seek to grow this in the next financial period. As we do this, we will now place a focus on the Mission's internal processes and data management and storage, in order to improve efficiency and further mitigate risk. In 2022, we supported the community in six ways, providing.. A PLACE OF SHELTER- We kept Hosford Hostel virus free and provided a safe space for our residents., and to those moving on into their own home, we offered practical tenancy support. A PLACE TO EAT- thanks to the Belfast City Council, we supplied food to over 200 households. We maintained the Meals on Wheels service, providing a hot nutritious lunch, through 100 days of lockdown. A PLACE TO TALK - with the support of EBM church members and EBM employees, we phoned people associated with the Mission who might be in danger of being isolated and ensured contact was maintained- and for those with deeper issues, our Care Counsellors offered phone call listening. A PLACE TO LEARN - Aspire Homework Project helped children with home schooling via Zoom, and then, as lockdown eased, kids had a chance to meet up. Turas had an additional 300 online learners. A PLACE TO FIND EMPLOYMENT AND SUPPORT- our mentors continued to find training and employment opportunities. mainly online. We also provided family support. A PLACE TO WORSHIP We offered live worship online every Sunday and supported others offline with readings and prayers. The Mission looks to the future with optimism and positivity, greatly encouraged by achievements under year 1 of new strategic plan. The board wishes to both provide recognition and to thank the team of volunteers who work tireless to help and support the organisation's work. Without them it would be impossible for us to do what we do, and we are indebted to their generosity and kindness. Church and Communit Outreach The community of East Belfast has been alarmingly impacted by what is described as the 'Cost-of-Living Crisis,. East Belfast Mission has been to the forefront of assisting individuals and families overcome what often is short term povety. In 2022 we made daily food available. helped distribute monies to assist with gas and electricity provision and kept our doors open to anyone who needed a space to be warm and have a chat. We were (and continue to be) very aware of the mental health impact on all ages particularly the most isolated. EBM joined with others in 2022 to represent our community to local and national government on the underlaying issues that keep the most vulnerable more vulnerable. We joined alliances in East Belfast and the wider Northern Ireland faith and community sector to demand change for those most negatively impacted. In 2022 EBM carried out a strategic review of the provision of church and community outreach. The headline outcomes of this review were: TO SUPPORT THOSE IN POVERTY- through the provision of a community fridge Page 5
EAST BELFAST MISSION (A Company Limited by Guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Objectives and Activities (continued) TO PROMOTE CONNECTION AND PERSONAL DEVELOPMENT- whether that is people meeting in person or remotely TO PROVIDE A YOUTH PROGRAMME - and continue to support families with young children TO PROVIDE A FREE CONSELLING SERVICE - to include a children's service TO SECURE RESOURCES TO FUND THE ABOVE and strengthen the link beeen the staff of community projects and the church leadership. A good example of this collaborative approach to the work of EBM was a Christmas Tree Festival, which both raised funds and also encouraged the community. ASPIRE This group. funded by BBC Children in Need and the Henry Smyth Foundation (a new funder whose funds allowed us to employ extra staff members), is at its core a service that tackles educational underachievement in the local community. Around 60 children and young people from the age of 9-14 received assistance from staff and volunteers with their homework and engagement with fun projects that built their personal aspiration and coping mechanisms. Aspire offers much more than just homework support including a significant summer programme, a wellbeing programme, and help with resilience etc. CARE COUNSELLING The co-ordinator undertook significant process and training work in 2022 which has increased the professionalism of this service, delivering amongst other outcomes updated policies and procedures and a new online referral system. There are 7 volunteer counsellors offering an integrated model of counselling. 150 clients received 1,500 hours of professional help through the year. WOMENS GROUP The numbers attending this group more than doubled in 2022 to 40 ladies, who enjoy a range of activities and events. This group significantly contributes to reduced isolation and improved mental health for these women. "OVERS. LUNCHEON CLUB Members of this group start to arrive from 10-30 am for lunch at 12-30p.m. They so want to be out from their homes and with friends. In 2022 up to 40 'overs' receive a 0-Course meal every Thursday. They particularly enjoyed celebrating Queen Elizabeth's jubilee celebration with an afternoon tea with the Lord Lieutenant in attendance. KIDZ GAP In 2022 Kidz Gap continued to provide a place for parents, grandparents, carers to bring their pre-school children to play while they enjoyed a break and some adult chat. Plenty of toys, noise and fun filled the community hall every session. FRIENDSHIP CIRCLE This group of seniors met weekly to remember the local community and have a Wednesday afternoon together. Activities included hymn singing and input from local historians. NEIGHBOURS IN NEED Page 6
EAST BELFAST MISSION (A Company Limited by Guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Objectives and Activities {continued) In the days immediately before Christmas 2022, 750 food hampers were packed and distributed to those in need within the community. The goal was to help alleviate the financial pressure for the more vulnerable individuals and families at Christmas. Volunteers helped to pack the hampers and there was wide community involvement- including distribution of *ood parcels through 27 organisations in additional to EBM programmes. In 2022 this project was very well supported by local and international businesses, particularly PWC and Youth with a Mission Also, we helped Restore in their project with Belfast City Council to distribute some 4 tonnes of'like new, second- hand toys to be used as Christmas Presents. MONDAY MADNESS During the summer months of 2022, months when our activities tend to close, we decided to run a full day of activities for all ages each Monday in July and August. This proved very successful, significantly impacting families. It finished with a community fun day at end of August with over 500 people enjoying, dance, climbing wal5, food, crafts, bouncy castles etc. It was brilliant to see the community together again. PWC NI SUPPORT We are very grateful for supportive relationship EBM has with PWC. They help with programmes such as living on a budget, support the meals on wheels programme, and support with volunteers in a few projects. CHURCH AND EXPLORING FAITH The EBM congregation post Covid, is smaller than before although some from the community have joined this year. Others who have joined, have come to us having used other EBM services. In 2022 we established Life Groups who share together, in social and Spiritual gatherings. Contemplative Prayer continues Monday nights, via zoom. EBM is part of the new Belfast East Circuit, consisting of 9 Methodist churches in East Belfast. This collective has allowed the EBM congregation to be part of circuit Bible studies, Sunday Evening Praise nights, a book club, and other encouraging gatherings. EBM also connected with local congregations in 2022 to celebrate the major annual Christian events, for example joint services at Easter and Christmas. We continued in 2022 to use The Alpha Course to allow people from the community to explore Christianity and we are grateful to the TPF Thompson foundation for their support. A follow-up course has grown into a lively discipleship group who have continued to meet on a Thursday morning. Page 7
EAST BELFAST MISSION {A Company Limited by Guarantee TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Objectives and Activities (continued) d. Social Projects EBM Em lo abili In 2022, despite the looming prospect of its European Funding ending on 31 March 2023 with no replacement funding in place, continued to stay focused and highly motivated in providing its employability SeiCe to the people of East Belfast through I0 programmes called Belfast Works and the Community Family Support Programme. Our employability programmes, despite the worrying context for staff of job insecurity, met or exceeded all of the tsrgets set by the funder (Dept. for the Economy). In 2022 the EBM Chief Executive brought together a 'Peer Group, of European Funded Employability Service providers to undertake significant public affairs work with the aim of securing adequate replacement funding. During the course of 2022, under the EBM Chief Executive's Chairmanship, 22 of the 67 ESF funded organisations in Northern Ireland joined the Peer Group, which then collaborative funded a leading Public Relations agency to deliver a targeted and professional lobbing and influencing campaign. When the Peer Group began its work.. There was no clarity from the UK government on what funding it would actually provide under the UK Shared Prosperity Fund (UK SPF), which Boris Johnston during his term as Prime Minister said would fully replace ESF. Nl Assembly Departments were pointing to the UK SPF and saying they have no remit or obligation from 1st April 2023 to provide funding for services currently funded by ESF. AII ESF funded organisations in Northern Ireland had a funding gap in the current financial year. Civil Servants from the Nl Civil Service (NICS) and Department of Housing, Levelling-up and Communities (DHLUC) were 'pointing their fingers, at each other and not communicating. In 2022, the Peer Group's campaign achieved.. The coalescing of a united 'voice' for the Community Sector, including the individuals representing the sector on DHLUCS 'NI Partnership Group.. Funding by the Dept. for the Economy of all funding gaps in the 2022123 year. DHLUC moved unspent 202212023 funds or approximately £10m into the 202312024 year to increase the quantum of monies available from 1st April 2023. Helped re-shape DHLUC'S 2023120-24 Investment Plan to target monies more effectively in light of our sectors knowledge. Clarified that we have maximised the potential funding from DHLUC Brought the NICS and DHLUC senior Civil Servants together into an effective working relationship through number of meetings hosted by the Peer Group at EBM'S offices. Began to press the NICS senior Civil Servants to make a 'meaningful financial contribution, to funding in the 202312024 year. Page 8
EAST BELFAST MISSION (A Company Limited by Guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Objectives and Activities (continued) During the 2022 year the EBM Chief Executive worked with the Chief Executive's of the other four partner organisations in the Belfast wide 'Belfast Works, consortium to develop a Funding Application to the UK Shared Prosperity Fund for a re-shaped and highly innovative employability programme that would target 'economically inactive, groups within the Belfast population. On the 31 March 2023, with EBM employability staff literally with one hour of being made redundant, we received the news that this Funding Application had been successful. In fact, in the context of an overall 50 /0 reduction in revenue funding for employability compared to the previous European funding quantum, it was the second largest Shared Prosperity Funded employment programme in Northern Ireland. Going forward the Employability is funded until 31 March 2025 and the EBM employability staff are excited and highly motivated to address the high levels of economic inactivity in inner East Belfast. Hosford Hosford is the homelessness service of East Belfast Mission providing accommodation and support to people who are homeless or at risk of homelessness. The aim of the project is to support people to break out of homelessness and to prevent people becoming homeless through support in their own homes. Hosford hostel provides accommodation for 26 people (single men and women aged 18 years plus) and have a stepping stone approach of single rooms and apartments which helps people to rebuild their lives and work towards living independently. We offer 2417 support and each resident has their own Support Worker who provides housing related support to help them to find and maintain their own home. Residents also have a chance to engage with all the other services Hosford and East Belfast Mission provide as well as help to link in with any relevant services in the area. Hosford Tenancy Support workers provide practical and emotional support to people who are living independently but encountering problems and could lose their home. They aim to enable people to live independently through developing their skills and their ability to deal with problems. The service is about preventing homelessness by intervening in its causes. Hosford's Health and Welling Project aims to tackle the health and wellbeing issues faced by people who are homeless or at risk of homelessness. This project gives those involved opportunities to learn new skills, make progress in their lives, meet friends, and to be part of a community. Hosford Community Homes is a new social enterprise project aiming to develop a portfolio of homes in the community for people who are homeless. This is a unique and innovative project, contributing to tackling homelessness and delivering Community Wealth Building in East Belfast. Hosford Community Homes aims to develop 30-50 quality and affordable private rental homes over the next 3-5 years. The key strands of the project include.. Delivering a 6 bed HMO in partnership with Skainos. This property currently accommodates 6 refugees. Redeveloping 240 Newtownards Road into 6 appartments and a community space. Purchasing 5 houses through social investment of £500,000 in partnership with Commonweal Housing. Exploring a Financial Transaction Capital 'soft loan, from the DFC to purchase approx. 20 houses. Achievements during 2022". Maintained our 26 unit homeless hostel with an occupancy of 99°h-providing shelter and support to over Page 9
EAST BELFAST MISSION (A Company Limited by Guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Objectives and Activities (continued) 40 people and helping 90 % + of our residents to find accommodation and to have a better life. A program of maintenance work was completed, and furniture procurement and painting undertaken,. maintaining an excellent quality of accommodation for our residents. A rent increase of £30,000 per year was secured from Housing Benefit. In partnership with Ulster University Art Department paintings were donated to the hostel. Provided Tenancy Support for over 100 people who are at risk of homelessness. 95% of clients maintained they're own home. Over 95% of clients achieved outcomes in terms of", health, addictions, educationlemployability, social inclusion, or financial situation. We successfully acquired funding for an additional Tenancy Support Worker at the end of 2022. We were the only service to be successful in this competitive bid. Acquired £50,000 from the Housing Executive Tenancy Sustainment Fund. This will provide a 2-year project targeting the risk of homelessness of Housing Executive Tenants in East Belfast. Delivered our Health and Wellbeing projects,. community garden, health and wellbeing group, trips throughout the year. These projects reached 20+ people each week. This year we established a new Refugee Womens Group. Acquired Homeless Prevention Fund which supported a Mental Health Support Worker and extensive anti povety support to our clients. Approximately £30,000 went directly to our clients with support targeting., fuel poverty, food hampers, digital exclusion, housing exclusion, furniture, 2nd repairs. Hosford Community Homes.. Established strong partnership working with the Housing executive and the Dept. for Communities to develop this innovative project. Monthly meetings are in place which have supported the progress of the project. 102 (6 bed HMO). Delivered 6 units of accommodation at 98°/o occupancy. Commonweal Housing.. 3 houses purchased with 2 more to be acquired in Spring 2023. The first tenants will move into the homes in April 2023. 240 Newtownards Road., the design phase of this project to re-develop EBM'S former offices into residential Hosford Community Homes has commenced. An architect has been appointed and a management structure created including Urban Villages, BCC, and EBM. It is expected that re-development works on the building will commence in the autumn of 2023. Financial Transaction Capital Loan", we commenced the development of a business case for this loan which we anticipate will be submitted in late 2023. Restore Charit Sho East Belfast Mission operates eight retail shop units in Belfast, Antrim, Newtownards and Larne under the brand name "Restore". During 2022 Restore won a number of tenders to extend its supply chain for retail stock through renewing existing and opening new partnerships with several Local Councils and other charities. These collaborations not only increase stock for Restore but contribute significantly to the reduction of material going to landfill through increasing the recycling of furniture and other goods. The shops continue to provide a significant financia5 return which is crucial to East Belfast Mission being able to meet a rising demand from families in the community needing assistance with food and energy costs. Page 10
EAST BELFAST MISSION (A Company Limited by Guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Objectives and Activities (continued) Our Restore shops also continue to assist people who are unemployed or economically inactive to enter or return to employment. Restore facilities this through offering job placements and volunteering positions in our retail outlets, providing a critical element in people's journey back to work. The Restore underlying business model remains strong, with Restore performing above budget in 2022 in a difficult retail environment. Going forward Restore has a clear vision of its goals for 2023 and the team are focused on achieving them. Café Refresh Café refresh provides good healthy home cooked food at affordable prices. Traditionally we have been one of the best social hubs of East Belfast and a great help for our pensioner and community groups. In 2022, in response to customer surveys, to deliver a menu which better met customer needs we undertook a complete re- fit of the Café Servery. The very high quality food offer being offered by our chefs, including Max Lusci who came to EBM from a very well-known city centre restaurant, supported by these physical changes, have substantially grown Refresh's breakfast and lunchtime trade. Running alongside all of this is our Meals on Wheels business. For some years this has been a vital service for the most frail and vulnerable people in East Belfast. Our clients struggle because they are unable to cook for themselves. In 2022 the number of Meals of Wheels delivered increased to almost 9,000 meals, up from 6.600 meals in 2021. Café refresh currently holds a 515 (scores on the doors from Belfast City Council} hygiene rating. Turas "Turas" meaning journey or pilgrimage in both Irish and Scottish Gaelic, is an Irish language project designed to connect people from Protestant communities to their own history with the Irish language and works to promote understanding and acceptance of the shared languages and heritages of Ulster Turas is the only Irish language project which exists within a PUL community. The work that has been carried out over the last 10 years has seen a softening of attitudes and a growth in the level of interest within unionist communities. A study carried our by Dr David Mitchell (Trinity College Dublin) on the Turas Project, found language classes help groups in conflict find shared heritage. Language learning has the potential to build empathy beeen groups in conflict and help revise destructive understandings of history, according to researchers in Trinity College Dublin, who have conducted a study of the Turas, Irish-language centre in East Belfast. Language-learning projects can help revise destructive understandings of history- Trinity News and Events (tcd.ie) Classes Turas offers both in-person and online Irish classes as well as some live streamed classes. This year we registered almost 500 people for classes. We provide a weekly outreach class in Cairnshill Methodist and Dundonald High School. Turas supports 8 university students with bursaries that cover part of the annual course fee. Four people are undertaking degrees in Irish at both QUB and U.U and 4 people are attending the Irish Language Diploma Course at u.u. Page11
EAST BELFAST MISSION (A Company Limited by Guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Objectives and Activities (continued Turas has a Grupa Ceoil (singing group) as well as a new storytelling group. New mentor groups have also been set up and they meet together regularly to support learners. Talkslpresentations Turas provides talks and presentations on placenames, Irish language history, etc to local groups both in east Belfast and further afield. Summer Events Turas organised a number of historical tours during the summer, for example a tour of Ballycarry Graveyard with David Hume and a tour of Creggan Graveyard with Una Walsh. Turas organised 2 end of term celebrations, one for Turas and one for the Nalscoil. Libra The Turas Library (leabharlann) provides study space for individuals and groups, access to books and other reSoUrs, as well as support and advice. The staff of the library have organised various talks as well as music and cultural events for learners and visitors. Schools We teach weekly Irish classes to all pupils in Braniel Primary School and also provided a six-week course for P3 pupils in Glencraig Integrated Primary School as well as an after school club in Loughview Integrated Primary School. The Con O'Neill Storytelling project visited 6 schools. Animation Pro'ect We launched our new animation which celebrates ten of Turas and tells the story of ourjourney so far. Merchandise We sell in-house, online, at local markets and at our events and bus tours.we recently received funding to commission and produce new products which will be ready for the Christmas market. WW1 Pro ect Working with our sister organisation, Cairde Turas, in November the Great War Gaeilgeoiri of East Belfast project was showcased in the Linenhall Library. A lecture was given and the project received some very positive media attention. Journe East Tourism Pro ect We are working with PWC to increase the sales of bus tours. We organised a media tour for local media and influencers. We launched a new East Belfast Mural Tour which focuses on the positive and quirky stories connected with east Belfast. Gaeltacht Visits Cairde Turas financed a Gaeltacht weekend for Turas learners in Donegal and Turas took a group of learners to the Kerry Gaeltacht for a week's language immersion as well as a weekend of language and music in Cusendall. Page 12
EAST BELFAST MISSION (A Company Limited by Guarantee TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Objectives and Activities (continued) Naiscoil na Seolta Turas is the parent organisation of the new Integrated Irish-medium pre-school in east Belfast. Eighteen children are presently in attendan with enty-fIVe expressions of interest for the new term. The project has been awarded PEAG funding from the Education Authority and is now becoming a pre-school as well as a pre pre- school provider. Turas supports both staff and parents. Turas meets regularly with representatives from NICIE (Integrated education sector) and Comhairle na Gaelscolaiochta (Irish-medium education sector} to ensure the growth and development of Naiscoil na Seolta. Cultural Events Turas walked in the St Patrick's Day Parade and organised an evening of music and poetry for Burns, Night in Horatio Todd's. Turas runs regular pop-up Gaeltacht events in the Boundary Tap Room on the Newtownards Road. Fundraisin Fundraising performed in 2022 while navigating the financial difficulties caused by the cost of living crisis. Both the Fundraising Manager and Fundraising officer performed over and above their 3..1 income target. Notsble successes include= Individual Giving- the Annual Summer & Christmas Mail Appeals raised in excess of £15,000 in total betreen the appeals. The introduction and roll out of the new CRM 'Chariteerf was successful and improved efficiency as well as increasing opportunities for online donations, in which we saw a growth in 2022. Community Fundraising- The Fundraising Officer established a number of successful fundraising events during a difficult year for community income generation. These included the Mourne's Challenge and the Christmas Tree Festival which are now going to become yearly flagship events. Legacy Fundraising- the Fundraising Manager continued to engage with 'Will to Give, to pursue legacy fundraising opportunities. In the upcoming 2023 year a new legacy pack will be developed to be better utilised on our new website. Businesses- Connections with local businesses have been successfully pursued by the Fundraising Officer who has connected with a number of local businesses for one off support and for ongoing relationships with in kind support, for example the use of local business venue for fundraising events. Consultancylcommunity support- in 2022 the Fundraising Manager engaged with over 15 local charities to offer fundraising support and helped them to raise over £98,000 for their own work. This engagement has fostered future partnership projects for East Belfast Mission and Skainos and has fulfilled our strategic aim to 'provide love and leadership in East Belfast.. Disabled Employees The company gives full consideration to applications for employment from employees with disabilities where the candidate's particular aptitudes and abilities are consistent with adequately meeting the requirements of the job. Opportunities are available to employees with disabilities for training, career development and promotion. Where existing employees become disabled, it is the company's policy to provide continuing employment wherever practicable in the same or an alternative position and to provide appropriate training to achieve this aim. Page 13
EAST BELFAST MISSION (A Company Limited by Guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Objectives and Activities {continued) Employee Involvement The company operates a framework for employee information and consultation which complies with the requirements of the Information and Consultstion of Employee Regulations 2004. During the year, the policy of providing information about the company has been continued through the communications framework. The CEO, Head of Finance & Corporate SeNices and the Project Managers meet on a monthly basis. 'Buzz Briefings, are compulsory for all staff three times each year. At these Senior Management brief staff on the direction and performance of the Mission and invite staff to raise ideas and issues which they believe, if addressed, would improve the impact of the Mission or the welfare of staff and volunteers. Unrestricted Reserves Unrestricted reserves ("free reserves") are those reserves which the East Belfast Mission can expend at the discretion of the directors to promote the objects of the charity. The directors do not believe that the company needs excessive amounts of unrestricted reserves. East Belfast Mission is partially a budget financing organisation. At present expenditure and income are directly related - when the organisation contracts with a setvice provider to provide a service this contract is contingent on full funding, including a 12 % contribution for Overhead Costs, for the service being secured. However the company needs to maintain a level of unrestricted reserves in order to.. Ensure that it continues to operate on a going concern basis and remains viable to be able to adapt its activities from time to time to cope with changing circumstances, which cannot always be reliably foreseen and anticipated- Protect against a decline or interruption of current sources of income - discretionary grants, for example may cease unexpectedly, or be reduced, and new sources of revenue have to be found" and Provide for working capital or regular fluctuations in income and expenditure. Given the nature of the company's multiple funding streams, incomings and outgoings do not always coincide exactly resulting in peaks and troughs which need to be provided for to ensure continuity of service provision. Given the above the directors have established a policy which is reviewed annually, whereby the unrestricted funds held by the charity should be a target of at least three months of average expenditure. Unrestricted Designated Reserves Unrestricted designated reserves comprise unrestricted funds designated for a particular purpose by the directors. These are typically reserves lating to individual projects which remain designated to the individual programmes of activity. Restricted Reserves Restricted reserves are those reserves which either have specific conditions attached to them as to how they are spent. It is anticipated that this amount will be utilised during the coming year. Future Developments Page 14
EAST BELFAST MISSION (A Company Limited by Guarantee TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 a. Plans for Future Developments During the next period EBM will continue into year 2 of its Strategic Plan to 'Share Love and Leadership in East Belfast,. Core to delivering this will be- Innovative developments in our programmes, such as the provision of Hosford Community Homes will be ore to delivering this in practice. Continuing to provide practical support, such as fundraising support, to smaller community organisations in East Belfast Providing 'thought leadership, through Public Affairs engagement EBM will seek in the next reporting period to increase efficiency and mitigate risk via.. Seeking to grow its financial reserves with a target of'six months operating expenses A through review and documenting of its internal operating procedures. b. Going Concern After making appropriate enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies. c. Professional Advisors and Mission Officials The professional advisers and Mission officials are listed on the directory page 1 of the audited accounts. d. Business Address 239 Newtownards Road Belfast BT4 1AF e. Directors The directors who seNed the company during the year were as listed on page 1. The board would like to thank those who resigned during the year for their contribution to the company during the period in which they served on the board. Page 15
EAST BELFAST MISSION (A Company Limited by Guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Statement of Trustees, responsibilities The Trustees (who are also the directors of the Company for the purposes of company law) 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). Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles of the Charities SORP (FRS 102)., make judgements and accounting estimates that are reasonable and prudent., state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Disclosure of information to auditors Each of the persons who are Trustees at the time when this Trustees, Report is approved has confirmed that.. so far as that Trustee is aware, there is no relevant audit information of which the charity's auditors are unaware, and that Trustee has taken all the steps that ought to have been taken a5 a Trustee in order to be aware of any relevant audil information and to establish that the charity's auditors are aware of that information. Audito The auditors, Miscampbell & Co, have indicated their willingness to continue in office. The designated Trustees will propose a motion reappointing the auditors at a meeting of the Trustees. Approved by order f the members of the board of Trustees and signed on their behalf by: 13 Mr S Currag Director Date: 26 September 2023 Page 16
EAST BELFAST MISSION IA Company Limited by Guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF EAST BELFAST MISSION Opinion We have audited the financial statements of East Belfast Mission (the 'charitable company,) for the year ended 31 December 2022 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements.. give a true and fair view of the state of the charitable company's affairs as at 31 December 2022 and of its incoming resources and application of resources, including its income and expenditure for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS {UK)} and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial ststements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is suffficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Charitable Company's ability to continue as a going concern for a period of at least e1ve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Page 17
EAST BELFAST MISSION (A Company Limited by Guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF EAST BELFAST MISSION (CONTINUED) Other information The other information comprises the information included in the Annual Report other than the financial statements and our Auditors, Report thereon. The trustees are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements, or our knowledge obtained in the course of the audit, or otheiSe appears to be materially misstated. If we identify such material inconsistencies or apparent material misststements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misststement of this other information, we are required to report that fact. We have nothing to report in this regard. Opinion on other matters prescrlbed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: the information given in the Trustees, Report for the financial year for which the financial statements are prepared is consistent with the financial statements. the Trustees, Report has been prepared in accordan with applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Report. We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us,. or the financial statements are not in agreement with the accounting records and returns-, or certain disclosures of Trustees, remuneration specified by law are not made; or we have not received all the information and explanations we require for our audit., or the Trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies, exemptions in preparing the Trustees, Report and from the requirement to prepare a Strategic Report. Page 18
EAST BELFAST MISSION (A Company Limited by Guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF EAST BELFAST MISSION {CONTINUED) Responsibilities of trustees As explained more fully in the Trustees, Responsibilities Statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going conrn and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Auditors. responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors, Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. However, the primary responsibility for the prevention and detection of fraud rests with both those charged with governance of the Charitable Company and management. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.. obtained an understanding of the legal and regulatory frameworks that are applicable to the Charitable Company and determined that the most significant are those that relate to the reporting framework {FRS 102 and the Companies Act 2006) and the relevant tax compliance regulation in the United Kingdom- understood how the Charitable Company is complying with those frameworks by making enquiries of management to understand how the Charitable Company maintains and communicates its policies and procedures in these areas- assessed the vulnerability of the Charitable Company's financial statements to material misstatement, including how fraud might occur by considering the risk of management override and by assuming revenue recognition to be a fraud risk., and based on this understanding our audit prOdureS were designed to identify non-compliance with such laws and regulations. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at.. www.frc.org.uklauditorsresponsibilities. This description forms part of our Auditors, Report. Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditors, Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed. Page19
EAST BELFAST MISSION (A Company Limited by Guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF EAST BELFAST MISSION {CONTINUED) Mr Jonathan R Bethel FCA (Senior Statutory Auditor) for and on behalf of Miscampbell & Co 6 Annadale Avenue Belfast BT7 3JH 26 September 2023 Miscampbell & Co are eligible to act as auditors in terms of section 1212 of the Companies Act 2006. Page 20
EAST BELFAST MISSION (A Company Limited by Guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2022 Restricted Unrestricted funds funds 2022 2022 Total funds 2022 Total funds 2021 Note Income from: Donations and legacies Charitable activities Other trading activities Investment 130,130 1,447,916 81,508 217,054 29.453 755,675 347,184 1,477,369 837,183 594, 756 1,507,268 523, 777 15 Total income 1.659,554 1.002,182 2,661,736 2.625,816 Expenditure on: Raising funds Charitable activities Other expenditure 52,016 537.310 510,068 52,016 2,165,272 510,068 36,058 1,988.985 332,397 1,627,962 Total expenditure 1,627,962 1,099,394 2,727,356 2,357,440 Net movement in funds 31,592 (97,212) (65,620) 268,376 Reconciliation of funds: Total funds brought forward Net movement in funds 231,308 31,592 1,505,873 (97,212) 1,737,181 (65,620) 1,468,805 268,376 Total funds carried forward 262,900 1,408,661 1,671,561 1,737,181 The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 25 to 41 form part of these financial statements. Page 21
EAST BELFAST MISSION (A Company Limited by Guarantee) REGISTERED NUMBER: N1069097 BALANCE SHEET AS AT 31 DECEMBER 2022 2022 2021 Note Fixed assets Tangible assets 14 1,323,341 1,324. 720 1,323,341 1,324, 720 Current assets Debtors 15 329,323 323,109 186,797 492,067 Cash at bank and in hand 652,432 678,864 Creditors.. amounts falling due within one year 16 {304,212) (265,303) Net current assets 348,220 413,561 Total assets less current liabilities 1,671,561 1, 738,281 Creditors.. amounts falling due after more than one year 17 (I, ioo) Net assets excluding pension asset 1.671.561 1, 737. 181 Total net assets 1,671,561 1, 737, 181 Charity funds Restricted funds Unrestricted funds 18 262,900 1.408,661 231,308 1,505,873 18 Total funds 1,671,561 1,737,181 The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by= Page 22
EAST BELFAST MISSION (A Company Limited by Guarantee) REGISTERED NUMBER: N1069097 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2022 Mr S Curragh Director Date: 26 September 2023 Rev B Anderson Director The notes on pages 25 to 41 form part of these financial statements. Page 23
EAST BELFAST MISSION (A Company Limited by Guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2022 2022 2021 Cash flows from operating activities Net cash used in operating activities {105,556) 321,414 Cash flows from investing activities Purchase of tangible fixed assets (28,602) Net cash (used in)Iprovided by investing activities 128,602) Cash flows from financing activities Repayments of borrowing (34,800) (37, 700) Net cash used In financing activities {34,800) (37,700) Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year 1168,958) 492,067 283,714 208,353 Cash and cash equivalents at the end of the year 323,109 492, 067 The notes on pages 25 to 41 form part of these financial ststements Page 24
EAST BELFAST MISSION (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 General inforniation East Belfast Mission is a private company limited by guarantee incorporated in Northern Ireland. The Company Number N1069097 and Charity Number 100744. The registered office and principal place of business address is 239 Newtownards Road, Belfast, BT4 1AF. Accounting policies 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordance with the Charities SORP (FRS 102) 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 102) (effective 1 January 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. East Belfast Mission meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otheNise stated in the relevant accounting policy. 2.2 Going concern The trustees have involved updated budgets and cashflow forecasting. The Charity has secured additional grants post year-end which will secure the liquidity of the Charity for the next year. 2.3 Income All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Company has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the propety in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Company. can be reliably measured. Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. 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 service. Page 25
EAST BELFAST MISSION (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accounting policies (continued) 2.4 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third paty, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned beeen those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on raising funds includes all expenditure incurred by the Company to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs. 2.5 Government grants Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of Financial Activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of Financial Activities as the related expenditure is incurred. 2.6 Taxation The Company is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Company is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. 2.7 Tangible fixed assets and depreciation Tangible fixed assets costing £1,000 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tsngible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Page 26
EAST BELFAST MISSION (A Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accounting policies (continued) 2.7 Tangible fixed assets and depreciation (continued) Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, Depreciation is provided on the following basis.. Freehold Land & Buildings Church Developments Fixtures and Fittings Computer Equipment 2 /0 Straight Line 2 / Straight Line 33 /0 Straight Line 33 /0 Straight Line 2.8 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.9 Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 2.10 Liabilities and provisions Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or seNices it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability- The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost. 2.11 Financial instruments The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. 2.12 Operating leases Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the lease term. 2.13 Pensions The Company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Company to the fund in respect of the year. Page 27
EAST BELFAST MISSION IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accounting policies (continued) 2.14 Reserves policy General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company 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 Company for particular purposes. The costs 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. Page 28
EAST BELFAST MISSION (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Income from donatlons and legacles Restrlcted Unrestricted funds funds 2022 2022 Total funds 2022 Total funds 2021 Donations & Grants 63,698 133,489 197,187 213,619 Government Grants 30.248 30,248 290,441 Newtownards Road Church Income 28.207 33,388 61,595 36,265 Hostel Residents Fund 7,977 7,027 15,004 7,545 Donation from EBMT 43,150 43,150 46,886 Total 2022 594756 Total 2021 Income from charitable activities Restricted Unrestricted funds funds 2022 2022 Total funds 2022 Total funds 2021 Hostel Residents Cover Charge & Other Income 15,665 15,665 10.025 Turas Irish Language Program 224,173 12.528 236,701 237,867 Hostel Accommodation Charges 237,487 237,487 203,845 Hostel Supporting People Grant 375,397 375,397 353,342 Steppin9 Stone Employability Grants 453.636 453,636 403,066 Rental Income 4,590 4,590 9,963 Community Works Grant 86.084 12,335 98,419 132.458 Hosford Projects 55,474 55,474 156, 702 Total 2022 Total 2021 6 L9L2 1507 26 Page 29
EAST BELFAST MISSION (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Income from other trading activities Income from non charitable trading activities Restricted Unrestricted funds funds 2022 2022 Total funds 2022 Total funds 2021 Social Economy Income from Café & Shops 81,508 755,675 837.183 523, 777 Total 2021 1,843 521,934 523. 777 Investment Income Total funds 12 Months Ended 31 December 2022 Unrestricted funds 2022 Total funds 2021 Bank interest 15 Total 2021 15 15 Page 30
EAST BELFAST MISSION {A Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Costs of Raising Funds Costs of raising voluntary income Total funds 12 Months Ended 31 December 2022 Unrestricted funds 2022 Total funds 2021 Fundraising Expenses 52,016 52,016 36,058 Total 2021 36, 058 36,058 Page 31
EAST BELFAST MISSION (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Costs of Charitable Activities Restricted Unrestricted funds funds 2022 2022 Total funds 2022 Total funds 2021 Salaries Programme Costs Premises Costs Administration Costs 947,939 165,677 268,442 48,694 41,988 312,745 32,132 52,293 151,640 84,422 19,778 9,380 26,005 {151,085) 1,260,684 197,809 320,735 200,334 126,410 19,778 9,380 30,142 1, 190,296 152, 151 266, 755 232, 806 93, 712 16,032 6,389 30.844 Café Refresh Costs Governance Costs Bank Fees Depreciation Management Charge 4,137 151,085 Total 2022 1,627,962 537,310 2,165,272 1,988,985 Total 2021 1,418,800 570, 185 1,988,985 Costs of Other Trading Activities Unrestricted funds 2022 Total funds 2022 Total fvnds 2021 Shop Salaries Shop operating costs Facilities Management Expenses 289,814 212,597 7,657 289,814 212,597 7,657 201,891 128,912 1,594 Total 2022 510,068 510,068 332,397 Page 32
EAST BELFAST MISSION (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 10. Net resources This is stated after charging= 2022 2021 Auditor's remuneration Depreciation of tangible fixed assets Operating lease payments 6.200 29,981 215.855 4, 500 30, 844 253,425 Page 33
EAST BELFAST MISSION (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 11. Auditors. remuneration 2022 2021 Fees payable to the Company's auditor for the audit of the Company's annual accounts 6,200 4,500 12. Staff costs The average number of persons employed by the Company during the year was as follows.. 2022 No. 2021 No. Employees 81 78 No employee received remuneration amounting to more than £60,000 in either year. 13. Trustees. remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2021- £NIL). During the year ended 31 December 2022, no Trustee expenses have been incurred (2021- £NIL). Page 34
EAST BELFAST MISSION (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 14. Tangible fixed assets Freehold Church Land & Developme Buildings Motor Fixtures Computer vehicles and fittings equipment Total Cost or valuation At 1 January 2022 Additions Disposals 1,022,663 1,131.053 15,920 22,372 28,602 (7,591) 58,904 2,250,912 28,602 (43,546) (35.955) At 31 December 2022 1,022,663 1,131,053 15,920 43,383 22,949 2,235.968 Depreciation At 1 January 2022 Charge for the year On disposals 140,457 15,592 707,108 10.891 3,449 3,184 16,274 314 (7,591> 58,904 926,192 29,981 (43,546) {35,955) At 31 December 2022 156,049 717,999 6,633 8,997 22,949 912,627 Net book value At 31 December 2022 866,614 413,054 9,287 34,386 1,323,341 At 31 December 2021 882,206 423, 945 12,471 6,098 1,324, 720 Included in the brought forward depreciation charge for Church Developments is an impairment charge of £586,514 as a result of a revaluation in 2017. Page 35
EAST BELFAST MISSION (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 15. Debtors 2022 2021 Due within one year Trade debtors Amounts owed by group undertakings Amounts owed by participating interests other debtors Prepayments and accrued income 239,417 2,675 35,778 48,053 3,400 27,272 3,057 64,466 76,395 15,607 329,323 186, 797 16. Creditors: Amounts falling due within one year 2022 2021 other loans Trade creditors Other taxation and social security Other creditors Accruals and deferred income 1,100 49,200 60,362 8,664 184,886 34, 800 4, 708 27,285 4,299 194,211 304,212 265.303 17. Creditors: Amounts falling due after more than one year 2022 2021 Other loans 1,100 This was a loan from the Methodist Church in Ireland and was repaid during year ended 31 December 2023. Page 36
EAST BELFAST MISSION (A Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 18. Statement of funds Statement of funds - current year Balance at 31 December 2022 Balance at 1 January 2022 Income Expenditure Unrestricted funds General Funds - all funds 1,505,873 1,002,182 (1,099,394) 1,408,661 Restricted funds Community & Pastoral Employability Hosford Meals on Wheels 102,798 453,636 813,284 65,663 224,173 (79,605) (459,379) (815,010) (45,172) (228,796) 23,193 141.529 38,286 32.962 26,930 147,272 40,012 12,471 31,553 Turas 231,308 1,659,554 (1,627,962) 262,900 Total of funds 1,737,181 2,661,736 (2,727,356) 1,671,561 Page 37
EAST BELFAST MISSION (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 18. Statement of funds (continued) Statement of funds - prior year Balance at 31 December 2021 Balance at 1 January 2021 Transfers in/oul Income Expenditure Unrestricted funds General Funds- all funds 1,303,731 1,146,189 (938,640) (5,407) 1,505,873 Restricted funds Community & Pastoral Employability Hosford Meals on Wheels 3, 808 138,844 109,118 403.066 759,412 1,843 206, 188 (118,333) (394, 638) (719,400) (11, 794) (174. 635) 5,407 147,272 40,012 12,471 31,553 22,422 Turas 165,074 1,479,627 (1,418,800) 5,407 231,308 Total of funds 1.468,805 2,625,816 (2.357.440) 1.737, 181 Page 38
EAST BELFAST MISSION (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 19. Analysis of net assets between funds Analysis of net assets between funds - current year Restricted Unrestricted funds funds 2022 2022 Total funds 2022 Tangible fixed assets Current assets Creditors due within one year 9,287 1,314,054 1,323,341 407,049 245,383 652.432 (153,436) (150,776) (304,212) Total 262,900 1,408,661 1,671,561 20. Reconciliation of net movement in funds to net cash flow from operating activities 2022 2021 Net incomelexpenditure for the year (as per Statement of Financial Activities) (65.620) 268,376 Adjustments for: Depreciation charges Increase in debtors Increase in creditors 29,981 1142,527) 72,610 30, 844 (34,485) 56.679 Net cash provided byl(used in) operating activities (105,556) 321.414 21. Analysis of cash and cash equivalents 2022 2021 Cash in hand 323,109 492, 067 Total cash and cash equivalents 323,109 492, 067 Page 39
EAST BELFAST MISSION (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 22. Analysis of changes in net debt At1 January 2022 Cash flows At31 December 2022 Cash at bank and in hand Debt due within 1 year Debt due after 1 year 492,067 134,800) (1,100) (168,958) 33.700 1,100 323,109 {1,100) 456,167 (134,158) 322,009 23. Operating lease commitments At 31 December 2022 the Company had commitments to make future minimum lease payments under non-cancellable operating leases as follows.. 2022 2021 Buildings Within one year In to five years In more than five years 123,949 302.247 439,988 123,949 302,247 563,937 866,184 990, 133 2022 2021 Motor Vehicles Within one year In to five years 7,440 17,856 7,440 7,440 25,296 Page 40
EAST BELFAST MISSION (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 24. Related party transactions Skainos Limited is regarded as a related party by virtue of common directors on both boards. During the year Skainos contracted with the company for the provision of facilities management and also to provide catering services for room hire and conferences. Skainos has leased units to East Belfast Mission under leases in return for rental income and a contribution towards service charges. At 31st December 2022 £35,778 (2021: £64,466) was owed to East Belfast Mission. East Belfast Mission Trading Limited {"EBMTL"), formerly East Belfast Mission Enterprises Limited, is a subsidiary of the company which is not consolidated into the results of East Belfast Mission. At 31st December 2022 £2,675 (2021.. £3,057) was owed to East Belfast Mission. The Methodist Church in Ireland is regarded as a related party by virtue of the controlling influence it can exert on the selection of members and directors of the company. The following is a summary of transactions entered into during the year= Payment by the company of a central assessment of £Nil (2021: £5,830) to the Methodist Church in Ireland. Payment of minister's remuneration and other benefits to the Methodist Church in Ireland who subsequently remit the payment to the Superintendent Ministerlchair of the Board, subject to deduction of payroll taxes. The Central Assessment and Minister's Stipend and travel allowance in accordan with the formulae and policies devised by the Methodist Church in Ireland as a whole and consequently are deemed to be at arms-length. The Methodist Church in Ireland loaned the company £120,000 in 2014115, £70,000 in 2018119 and a further £30,000 was loaned in 2019120. The outstanding loan balance owed to The Methodist Church in Ireland as at 31 st December 2022 amounted to £1,100 (2021.. £34,800). Page 41