un Advke Fernian istered number: N1605507 ees, Annual Re Includl DirectOf5' The trustees have pleasure in presentin8their rewrt and the financial statements of the company for the year ended 31 March 2023. Ltd The principal obJ"ectives and activities of the tharity duringthe year continued to be the prevention and relief of poverty. sickness and distress in all sections of the community, the adVanCent of education and wotection of health thereby ensuring people do not suffer through ignOrdn of their rights or seNices available to them, the relief of those in need by reason of youth. age. ill-health. disability. financlal hardship or other disathanta8e. The purp)se of all services prowded bv Community Advice Fernianagh Ltd is for the knefit of the community of County Femiana8h. The principles of Community Advice Fermanagh Ltd are that we provide free, imp3rrial, confidential and independent al£e, information, advocary and representstion las necessary) in relation to social welfare covering soci31 security benefits, conwmer issues, employment legislation. debt advice, healthlcommunity care, housin& utilities. immigratlonlnationality and other le8al matters. The charity Is a charitsble company limtted by 8uardntee. It is 8ovemed ty a memorandum and artlcles of associatlon. During the year. the carrbed out a number of artivities and prolects in the furtherdnce of sts objettives.. I Prowsion of information. advice, advocacy and representstion across a range of Social Welfare issues such as Social Security Benefits. Consumer. Employment Debt Advice, Healthl Community Care, Housin& Utilitres. ImmigrationlNationality. Cross Border, TaA Utilities and other Social Welfare matters. 2 Social Policy work In regard to all of the abo¥e. 3 Specffic focus on the ¢ontinuin8 rolknut of Welfare Refomi and wovidin8 seNices to our clients that are tailored to ensurlngthat we reduce stress. worry whilst also empowering our clien 4 Provisiort of Benefft Awareness sessions, Money Athce Sessions. Financial Indlon Projert ar Small Business and Self-Employment Advice to dients educatin8 them on their rights and entitlements. 5 Provision of advice. informion. advocacy and representation to 218 dients in relion to person31 debt. 6 Provision of support to our cllents re8ardin8Tribunais hearinas in resF*rt of thelr Social Security and Disability Appeals.
Ad¥ice Fermana istered number. N1605507 Trurtees, Annual Re indudl Dlrectorfs Ltd Strategic Report Athievements and pertormaKe (IndUd1 wln(ipal rlsks and uncertalntle4 delOpment and perforniance and key performance Indkators) l The main achlevements ofthe charity during the year were as follows: 2 Delivering a high quality advice, Inforniation, advocary and representation serviceto clients regarding 8,649 enquiries. An increase of 29% in enquiries from 2021122. Income generation for 2022123 was £1,128.409.20 also a 2% increase from 2021122. 3 Ongolng provision of Welfare Refom Supwrt Project service vasdy exceedlng targets. Thls is an Increase of 68% since 2021122. 4 Ongoin8 delivery of both Pension Wise and Debt Adwte ProjecL The Debt Projert supported 218 client over the year period and dealt with £3,238,818.47 worth of DebL 5 Provislon of On80in8 Support and Athdice to ourTribunal clients durin8 this year. 6 Our staff require high quality training and development in order to carry out their dLrties in the provision of a highly effettive and professional servlce to our clients, particularfy during this critical time when our delivery of advi¢e chan8ed so muth to accommode the thanging needs of our clients. During 2022123 substsntial trainingwas put in place for all 5ff delivered by a wide rnn8e of partnÈrs to cope with this changing demand. 7 The organisation commenced new projects such as Cross Border with the Centrefor Cross Border Projects, Outreach ainics across the County for the Clear Project focusing on m3xmisin8 income in the cost of living uisis and the Community Foundation f¢xusing on older people and maximlsin8 income forthem through benèfft checks. The service facilitated 20 Outreach ainics across the County and took part in numerous talks in partnership with or8anisattons such as Fermanagh and Omagh District Coundl, St Wincent de Paul.Women's Aid. Macular So¢iety, SEFF and WAVE Trauma Centre. 9 Increase in Social Policy work and wblicty of our ooanisation featuring on media suth as a BBC Newsline. BBC Radio and In numerous papers auoss the Northern Ireland The directors are satisfied that the performance of the comn¥ during the year. in temis of IMh financial and operational reyLIts. is In Sir* wlth the charitys constitution and key obiertNes.
R lrtered number. N1605507 T stees. Annual Re Includi Flnaniial revlew {IDdudin8 resef¥es poliryl The net income for the year is £12,65812021- net deficit £5.164}. Total funds and reserves at the end of the financial yearwere £IOI.116. The charity aims to ensure that liquid funds hdd at any p)int In time are sufficient to cover expenditure equiwalent to 3 months of all ongoing operating costs lexdudirl depreciation). At the year-end date, the charitVs reconciled bank balance (on current accounts) was £22,896. Total expenditure forthe year was £253.776 lexduding depreaationl. The charity, thefefore, held fvnds equivalent to just under 33 da of orsgoing operating costs lex¢ludirt8 depreciationl- The level of liouid funds held is SiEnthcantly lower than planned. The direttors are satisfied that this matter will be rertified in the next financial year. Plans for fvture perf¢)ds There are no significant chan8es planned for the forthcomiry financial year. The directors will contlnue to govern the company in line with the ¢onstltution in order to achieve the objectives noted above. Strurtufe. iovernance and management The company is governed and managed by the board of dirertors. The directors Iwho are also the trustees) who seNed the company throughout the year are shown on pages l and 2. together with details of the registered office and other profes4onal athisors. The board of directors carry cxrt their go¥emance role throughout the year by way of meetin85 on a quarterly basls to rewew the perfonnan¢e of the company and to make decisions regarding the company's financial and operational matteN The directors govern the acD"wties of the company in line with the objertives set out in the govemin8 do¢uments of the charity. namefy the Memorandum and Articles of Association the tharitrfs ¢onstitLrtion. Dlrectars The directors (also the tnee$l who served the company during the period wefe as follows: Mr Donal O'CofaiBh Mr ELt8ene Corrigan Mr Phil Flanagan Ms Sinead Magee Mr Brendafi Heuston
Commun Istered number: N1605507 Tntstees, Annual Re Indudl DlreLtoTh' Re Ltd T¢& responslbllltie5 The trustees. who are also the dSrectors of the company. are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulation Company law requires the trustees to prepare financial ststements for each financial year. Under that law the trustees have elerted to prepare the financial ststernÈnts in accordance wth United Kingdom Generally Accepted Accounting Practice (United Kingdom Actounting Standards and applicable lawl. The financial ststements are required by law to give a true and fair eW of the state of affairs of the company and of the profft or loss of the c¢)mpany forthat period. In preparing these financial ststements. the trustees are required to: select suitsble accounting policies and then apply them consistently- make jud8ements and estimates that are reasonable and prudent; Ppare the finanaal statements on the 80ing concem basis unless it is inappropriate to presume that the company will continue in bus]r$s. The trustees are responsible for keeng proper accoufitin8 records that disclose with reasonable accuracy at anytime the financial wsition of the company and enable them to ensure that the financial statements Comply wth the Companies Act 21x6. They are also responsible for safeguardin8 the assets of the company and hence fortskia reasonable steps for the prevention and detection of fraud and other irregularities. Dlsdosure of inlorniatlon tothe audltors We, the directors of the company who held office at the date of approval of these financial rt¥tements as set out above each confirm. so far as we are aware. that: there is no relewant audit infomiation of which the comparry'5 auditor is unaware. and the directors have taken all steps that they ought to have taken to make themselves aware of any relevant audit infomiation and to estsblish that the auditor Is aware of that information. Audltor MacNeary Rasdale & Co. Ltd Chartered ACCOUntar are deemed to be apwjinted under section 487121 of the Companies Act 2(M)6. Small company exemptions This report has been prepared in accordan with the speaal provislons for small companies under Part 15 of the Companies Act 2C#)6. In approving theTrustees' Annual Repor¢ we also approve the Strateglc Report induded thereln. in our Capacity as company dirertors. On behalf of the Board Mr Donal O'cofai Chaimian 15 December 2023