Company Registration Number.. N1062968 Charity Number: NIC101118 incredAE)LE- inspire . empower . include incredS¥BLE Annual Report Year ended 31st March 2024 Daly Park & Company Ltd Chartered Accountants and Reglstered Auditors 4 Carnegle Street Lurgan Co. Arniagh BT66 6AS Northern Ireland
incredABLE IA company limited by guarantse, not having a sharè ¢apitsll CONTENTS Page Reference and Administrative Infomiation Trustees, Annual Report Statement of Trustees, Responsibilities Independent Auditofs Report 9-11 statement of Financial Activities 12 Balance Sheet 13 Statement of Cash Flows 14 Notes to the Financial Statements 15-20
incredABLE IA company limited by guarant88, not having a share capital) REFERENCE AND ADMINISTRATIVE INFORMATION Trustees Michael Joseph Best Susan Margaret Best Kathleen Elizabeth Courtenay Edwin Graham Peter Hanna Deborah Suzanne Hoy Wlkinson (Resigned 17 April 20231 David Hughes {Resigned 17 April 2023} Lisa Mallon Anne Mairead M¢Afinden Emma Louise Mooney Carla Smylh DrAlan Manson Turtle Bernadette McKe¢)wn Company Secretary Mr. Nigel Robert Hampton Charity Number In Northern Ireland NIC101118 Company Registration Number N1062968 Rggistsred Office and Principal Address 162 Port8down Road Richhill Co. Armagh BT619LJ Northern Ireland Audltors Daly Park & Company Ltd Chartered Accounlanls and Registered Auditors 4 Carnegie Street Lurgan Co.Armagh BT66 6AS Northern Ireland Prlncipal Bankers Danske Bank 39 Market St Lurgan Co. Armagh BT66 6AB Northern Ireland
incredABLE IA company limited by guarantèe, not having a share capitsll TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2024 The trustees present their Trustees, Annual Report. combining the Diiectors, Report and Trustees, Report, and the audited financial slalements for the financial year ended 31 March 2024. The financial statements are prepared in accordance with the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102). The Trustees. Report contains the information required to be provided in the Trustees, Annual Report under the Statement of Recommended Practi (SORPI guidelines. The trustees of the Company are also charity Irustees for the purpose of charity law and under the company's eonstilulion are known as members of the board of Iruslees. In this report the trustees of incredABLE present a summary of its purpose. governance, a¢livities, achievements and ffnances for the financial year 31 March 2024. Structure, Govgrnanceand Managemont Structur• incredABLE is a company limited by guarantee and a registered charity. The organisalion is govemed by the Trustees who delegate the daily operation of the charity to the Chief Executive Officer and management team. Trustee$ Trustees are recruited and appointed at its Annual General Meeting. The process for the appointment of Trustee$ 1$ outlined in the governing documents. The directors of the organisation are also Charity trustees for the purposes of charity law. Each new trustees undergoes an induction process and training in good govemanc£. Revlew of Activities. Achievements and Pèrformance Chief Executives Foreword Dear friends. supporters, and members of the incredABLE ¢ommunity, It is with great pride and a sense of accomplishment that we present the incredABLE Annual Report for the year ended 31 March 2024. This report encapsulates the dedication, hard work, and unwavering commitment of our team, partners, and supporters in creating in¢rediblg opportunities for individuals with learninglinlell8clual disabilities andlor autism. Over the past year, incredABLE has eonlinued to make significant strides in delivering meaningful projects and quallty services throughout the Southern Area. We have maintained our support to more than 731 children and adults through a variety of innovative and engaging inilialives. Our mission lo ¢ate incredible opportunities for incredABLE people is reflected in every aspect of our work. We are driven by our vision of a society where individuals with learningfinlelleclual disabilities andlor autism are inspired, empowered, and included. Our values of commitment. collaboration. creativity, and community are the foundation upon which we build our services. The following pages provide a detailed overvrew of our proje¢ts and services. highlighting the outputs and achievements that have made a tangible difference in the lives of those we support. As we relect on the past year, w8 are reminded of the importanee of our work and the positive impact il has on the lives of in¢redABLE individuals and their families. We are grateful for the continued support of our partners, ftjnders. and the community. which enables us to puisue our mission with passion and deleminalion. Looking ahead. we remain committed lo innovating and expanding Oltr services lo meet the evolving needs of those we serve. Together, we will continue to create a society where everyone has the opportunity to be incredABLE. Thank you for your ongoing support. Nigel Hampton. CEO
incredABLE IA company limited by guaranteè, not having a shar• eapitall TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2024 In the year ended 31 March 2024. incredABLE continued to provide exemplary support services throughout the Southern Area. Specifically, we were able to deliver that support lo more than 731 (2022-23.. 6531 children and adults with a learninglintellectual disability andlor autism through our many exciting projects and services. Mlsslon: To create incredible opportunities for incredABLE peoplel By delivering meaningful projects and qu81ity seNi¢$ in partnership with individuals who have a learninglintelleclual disability andlor autism. Vision.. A society where individuals with a learningl intellectual disability andlor autism are inspired, empowered and included. Values: Commitment We are passionate and dynamic stsff and volunteer team who are committed lo people first and supporting individuals to realise their own vision of being incredABLE Collaboration We believe in the value of working in collaboration and proactively seek out partnerships to make incredABLE things happen Creativ We strive for creativity in our bespoke approach lo opportunities so that they are meaningfLTrI, partiapatory and uniquely incredABLE Community We see Community as central lo the incredABLE experience of inclusion and we work alongside lo support engagement. access, and visibility of incredABLE individuals IncredABLE deliver projects and servi¢es in the Southern Health and Social Care Trust Area. Projects & Services. Outputs & Achièvemgnts: Adult Short Breaks (ASB} Servi¢0 In partnership with the Southern Health and Social ca Trust Adult Learning Disability Teams, incredABLE delivers the ASB service. Offering a wide range of meaningful activities and experiences, the ASB group residential breaks take Pla in venues across Northern Ireland. ASB offers both mIdeek and weekend breaks in which participants choose everything from the breakfast menu to the activities. As they make decisions about their lime away, individuals on the ASB servi¢e socialise with peers. work on compromise and communication skills. practi daily living skills, and take part in many of the aelivilies available across Nl, such as attending Belfast Giants matches. visiting forest parks, walking along the beach in Neweaslle. and much more. We offer tailored support, ensuring that we have the right staff with each group lo ensure every participant has their specific. individual needs met within the group. During the 2023-24 financial year this service provided 53 Adult Short Breaks, with foty-seven 2-nighl residential$, tsvo 4-nighl resldentials and four 7-nighl residenlials. A total of 140 participants availed of the serv5¢e. for an increase of 15Vh over 2022-23. BIG18¢spoke Indivldual and Group) Support Servlce For many young people and adults, one lo one or sm811 group support is the best option lo reach their goa15. BIG is service that provides exactly those options. with a service completely tailored lo eaGh indivtdual, focused on their passions. their needs, and supporting them in brlnging their dreams lo life. BIG can be as flexible or routine as the individual or group desires, as the plan is agieed with both the individual and their carers. Together, they establish the activities to be undertaken. the schedule. and the exact support an individual needs. Whether aceessing live music, going shopping with friends, or gotting exeicise at the local swimming pool, anything is possible with BIG.
incredABLE IA company limited by guaMnteÈ, not having a share pItalI TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2024 Most people access the BIG Servi using funds from Direct Payments via Self Directed Support (SDSI. 11,069 hours of support were delivered to 74 individuals during the 202>24 financial year. Peer Outlng Programme IPOPI incredABLE is proud to partner with the Southern Health and Soeial Care Trust Children and Young People's Disability Teams lo offer the Peer Outing Programme. POP focuses on young people as they approach and go through the transition betsyeen school and adult servi¢es. POP provides social outings with peers while including opportunities for personal growth that serve young people into adulthood. Team building. communication, conflict mediation, and overall improvement in self-confiden¢e are all outcomes that POP participants see over the course of the programme. POP outings take place once a month and can be activity-based orjoining in with a community event. Vvhile POP outings lake place as a group. the project is still Individualised, with specific supports designed lo offer participants the chance lo fully engage with their peers and their communities. POP gives young people control by making sure all activities are chosen by the young people themselves. promoting a person-centred approach in addition lo the social inclusion built into the programme. During the 2023-24 financial year, enty-nIne POP Saturdays were delivered in three locations as well as five 2-night residenlials and a total of 36 participants have availed of the service. Youth Ernpowerment Programme (YEP) YEP 1$ a residential SeNice designed to support youth in gaining daily life skills in preparation for independent or supported living arrangements after leaving school. Made up of ten 3-day residenlials over the course of a year. incredABLE delivers YEP in partnership with the Southern Health and Social Care Tnjst Children and Young People's Disability Teams. YEP focuses on four main areas including.. Personal Development- Leaming lo be independent and participating in a programme away from home. Independent Living Skills- These will include key skills such as establishing morning routines, cooking. budgeting. ftlationships. personal care and home safety. Soeial Development- To encourage peer support and increase social skills involving outings and attendan lo a range of community and social events. Self*sleem- The development of independent skills, having the confidence lo offer an opinion when planning activities or shopping and feeling posittve about reaching goals set. During the 2022-23 financial year. 10 YEP residenlials were delThiered wsth 9 participants tsking part in the programme. Summer schem6 incredABLE's summer scheme is a long-running programme offered lo ensure that young people with an intellectual disability andlorAulism are able lo tske part in the same exciting summer activities as other young people do during the school break. First offered as a pilot programme in 2018. the summer scheme has grown into one of our regular offerings, popularwith both young people and their parents alike. Activilte$ include many options that are dtffi¢ull to access during the school year, with a new outing planned for each day. The scheme runs for One week in each of the localities of Armagh & Dungannon. Craigavon & Banbridge and Newry & Mourne. Mon-Fri 9-5pm. each day and is delivered with the support of the Southern Health & Social Care Twsl. During the 3-week scheme a total of 36 participants availed of this Servi in the 202>24 finan¢ial year. ASD Offerlngs incredABLE has long been a trusted name in the world of local ASD provision. delivered in partnership with the Southern Health and Social Care Trust. The programme remains a stsple for families in the SHSCT area. providing seNce5 that offer children and young people with Autism opportunities for socialisation. leaming life skills for independent living, and praclising important soft skills like ¢ooperalion. teamwork, and communication. The ASD offerings have grown to include th programme strands. each run by staff with many years ofexperience working with children. youth, and adults on the spectrum.
incredABLE IA company limited by guarantee. not havlng a share capital) TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2024 Strand l- S8turday Glubs inCre(BLE'S Saturday Clubs are delivered in partnership with the Southern Health and Social Care Twst Childn and Young People's Disability Teams. Saturday clubs are unique in incredABLE's stable of services in providing weekly venu based activities for ehildren with Autism. Two sessions are offered every Saturday. giving carers a short break whilst ensuring children have three hours of fun and social activities with peers. Activities change weekly and cover sensory, physical, and creative opportunities. Sessions run frorn 1 Oam-lpm and from 2pm-5pm. During the 2023-24 financial year incredABLE's Saturday Clubs mel 48 limes and served 30 participants. Slrnnd 2- Life Hacks Pmgramme The life hacks programme took inspiration from our original residential programme. focusing on providing skills for independent living bul taking away the pressure of monlhty residenlials for those who need a more slruclured program in smaller sections. Lsfe Hacks runs weekty for a total of 10 weeks in each cohort. During the 2023-24 financial yearwe provided six 10-week sections of Life Hado, serving a total of 60 paitcipants. Strand 3- Community Connections This YOUth-nIred, assel-based Community mapping program offers 1&17 year okys on the spectrum an opportunity to choose local supports they want lo explore and plan visits based in three key areas.. health and wellness. soeial neOrkS. and community hubs. Participants have mapped and visited venues such as libraries, banks. transport hubs. gyms and activity groups, leisure and healthcare facilities. and inleresl-based clubs in their loeal area. During the 2023-24 financial year 20 partiopants availed of tsyo lweek cycles. incredABLE-y Caring Funded by Department of Health and administered by The Community Foundation Northern Ireland, IncredABLE-y caring was designed to give carers a short break from caring whilst providing a meaningful soaal evening andlor ovemight opporbjnity for the person they care for. Participants had opportunities to engage in planning activities. meals. and outings throughout each programme. Actimties included, but were not limited to, bowling, mini golf. anema, walks in local parks. shopping trips. visib'ng the Christsnas Markets in Belfast, and other nimUnity-baSed outings. incredABLE-y Caring also provided workshops specffic81ty to carers, offering them some we114eserved 'me time.. Carers sessions were designed to be a break in routine in which carers could try a new activity, engage in a hobby. or simply have cup of tea and some company without the pressures of caring. During the 2023124 financial year there We four 10-week evening programmes. four programmes consisting of six 1-night oveMhts over a 12-week period. and four evening sessions for carers. A total of 99 participants availed of this programme. Day Opportunltles- IncredABLE-y Made The completion of the 5-year are irtcredABLE' project towards the end of 2022 provided the context for consolidating efforts around the proje¢ts most successful strand- day opportunity provision - as evidenced by project beneficiaries ar stakeholders. incredABLE-y Made, whi¢h pilotsd over the pviouS 5 years. found purpose and structure as an enterprising day opportunity with a focus on print, production. and packaging activities. The model was required to become self-sustaining and successfully Iransilioned from a fvnded to a se-paYIng fee sgryice by April 2023. incredABLE-y Made day OPPDrtunilies have Sin grown substantially and are desuned to provide soft skilis development for adults with a learninglintellectual disability andlor Autism with the added values of maktng friends and building confidence. molivalion, and independenee in a safe and supportive envlronment. Befvleen April 2023 and March 2024, incredABLE-y Made day opportunities maintslned and fvrther developed worklng relationships with other organisations such as Cedar Foundation. People First, and Clanrye offering placements for end-of- programme Servi users, idenlffied as a primary tsrget group. This financial year also saw incredABLE-y Made connect with other organisations such as Gateway, Mencap, and Caring Breaks. showcasing at Learning Disability Pride19 June 2023). participats'ng in the 'Do Your Thing. social media Mdeo challenge. and featuring at the Waterfronts SucsSIu1 Qulrky
incredABLE IA company limited by guarant•&, not having a share capltall TRUSTEES, ANNUAL REPORT for the financlal year ended 31 Mar¢h 2024 Wedding Event. incredABLE-y Made day opportunities also featured on BBC Newsline with Conman Camptell filming on 16th June 2023. Through targeted marketing and promotion. incredABLE Day Opportunities have become well-known throughout the sector. The serwce has proved attractive to key workers in other organisalions particularly as they searched out new skills- based opportunities for young adults who may olhetwise fall through the known gap in seNice that exists for SEN school ieaveis. InCdABLE-Y made as an enterprising day opportunity concept continues to enhan Servi provision and fill gaps connecting with many organisalions across the public, private and voluntary sectors, most notable of these have been collaborations with ABC Council. Lord Mayols Offits, BNI Events Company. SENI Awards, Ulster Carpels. Camping Nl, Open Farm Week, Messy Play Nl and securing packaging eontra¢l with Farringford Foods.. .as well as many more, all of which are adding proffle and in turn generating meaningful activty for our incredABLE participants. By February 2024, the incredABLE-y made team required additional staff to support the $lralegic direction of day opportunities and new roles were developed and recruited in Marketing Adminislralion and Production Coordination. These roles have beneffted the agenda of growth signrficantty. During the 2023- 2024 financial year, incredABLE day opportunities delivered meaningful actmty lo 45 participants, 6 days per week. aeross 4 sites. equating to 12,690 hours annually. M¢)sl indThiKluals accessing the setmce are self-funded using direct payments Ma Self Direct Support ISDSI. IncredABLE 8la¢k Moon- Evenlng Opportunity October 2023 heralded the retum of incredABLE Black Moon Dis¢0 following a 3-year hiatus owing to the Covid 19 pandemic. The anticipated re-launch marked an extra special occasion which Iated attendees lo a 'Spooklacularf Halloween themed event on Friday 27th October 2023 al Amiagh City Hotel and paid tribute to DJ Chill (Phil Cheungl who helped establish the disco in 2018 and sadly lost hi$ life in Nov 2021 following short ¢ancer battte. The fundraising event which celebrated Phil. emphasised a monster raffle. eoslumeffancy dress. music choi, room dé¢or and extra's such as a photoboolh and professional photographer saw approximate 150 attendees me through the Fringe Lounge doors. It was a Injly memorable occasion which generated the idea of theming discos going forward as an allemative lo monthly discos which hadn't previously attracted those numbers... Between April 2023 and March 2024. the in¢redABLE Black Moon team delivered three discos themed respeelively around Halloween {relaunch Ocl 2023) Christsnas {Dec 20231 and Valentines Day (Feb 20241- It was agreed that discos would tske place bi-monthly momng forward (reducing from 12 10 61 with more significance placed on theming room, music Choi and adding extras. This decision pr¢)ved lo be a successful one with attendance figures remaining in and around the initial relauneh set. Door entry remained the same at £5.00 per individual, parenvcarer donation optional and the team have been delighted to report that eaeh disco, while retaining its usual crowd has also attracted new gue515 and a new following. IneredABLE Black Moon remains a ¢ore component of incredABLE's evening social provision for adults with learninglintellectual disabilities andlor autism attracting individuals from right across the Southern Health and Soclal Care Trust area and beyond. Amagh City Hotel continues as host venue while the enhanced formal maintains the opportunity for participants to socialise with peers. make new frvènds and develop ¢onfidence within a modem, posltive. fvn and safe environment. Café incredABLE @ Jethro Our café in the Jethro Centr8 is running strong. open 5 days a week offering made to order meals from a ¢arefiJlly-crafted menu. Addilionalty. Café in¢redABLE caters for internal Jethro Centre clients as well as outside groups regularfy, giving PacIpant trainees the opportunity to learn otering in addition to cooking. serving. using the till, and more. Café incredABLE @ Jethro decreased lolal sales by 5Vo over the 2023-24 financial year. seNng 17.112 customer transadrons, 8mployed 4 people with a learning disability andlor Autism. and facilitated a fvrther 4 people in voluntary placement.
incredABLE IA company Ilmited by guarantee, not havlng a share capitsll TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2024 Café incrgdABLE @ South Lake Our flagship café in South Lake Leisure Centre in Craigavon also continues to shine. We are proud of the service we offer at SLLC, and we are even more proud that this café. in addition lo having become a community hub, continues to be place where we offer vocational training, employment. and meaningful daytime actiwty for individuals with a learninglintelleclual disability andlor autism within our café spaces. Our Customer base continues lo remain loyal, and we seNe as many people who come lo the South Lake Leisure Centre just for a coffee or breakfast as we do those who are in the SLLC already for their own purposes and stop by for refreshment before or after. In March 2024 not only did we continue to trade a5 nonnal but also provided catering for the Special Olympics Ireland Winter Games 2024. which resulted in our busiest weekend of trading since opening our doors in November 2020. Café ineredABLE @ South Lake increased the total sales by 8% over the 2023-24 financial year. serving 146,027 customer transactions, employing 9 people with a learning disability andlorAulism, and facililaling a further 9 people in voluntary placement. Café incredA8LE @ Banbridge Lelsure Centre Our eafé in Banbrid9e Leisure Centre continues to gain momentum, open 7 days a week offering made to order meals from a carefully<rafted menu. Additionally, the eafé promdes in-house eatering for events being held within the cEnlre and the council civic building opposite the centre. On 19 May 2023 we saw our busiest trading day lo dale catering for the Amiagh City, Banbridge, & Craigavon Local Election Count Cenlre. Café incredABLE @ Banbridge had a total of 35.822 customer Iransaclions, employed 3 people with a arnIng disabilty andlorAuli$m, and facililaled a further 3 in voluntary plament IncredABLE Mourne Centre The incredABLE Mourne Cenlre, Ballinran is used by incredABLE's groups for residential and holidays as well as being open on a self<alering residential basis to outside chaalable groups. During the year we applied for a TourismNI Hostel grading and were awarded a coveted 4-Star rating. Peacéplus HEROES+ Project incredABLE is aVayS working to expand our impact and eomrnunity offerings. and just prior lo Christmas 2023 we were awarded funding for an exoting new project- tsking part in the PEACEPLUS Youth Heroes+ programme. The projects objective is lo promote and inspire participants from djfferenl backgrounds to build. maintain and manage strong positive relationships and collective idents'ties, developing their potential and providing safe spaces for them to contribute lo building an inclusive and cohesive soeiety. While many peace-buikling initiatives work across Northem Ireland, the Herces+ programme is unique in offering those opportunities to young people wlth a kaming disability andlor additional support needs, or those who are excluded from school. Heroes+ is working with 12 cohorts per year. partnering with a number of organisalions to provide quality programming. incredABLE is partnering with Heroe5+ to deliver tsvo cohorts per year, over a four-year period, in the Soulhem HSCT area and Monaghan. Over the 2023-24 financial year this resulted in the creation multiple funded p051tions including four ful time youth workers al incredABLE a5 well as part-time youth work assistants. We are incredABLE-y ex¢ited lo see this project through and report on the outcomes we see in our participants. Flnanclal Review Our accounts for the year show a surplus of £40.751 for the year. which has increased the total fund balance carried forward. The Statement of Financial Activities for the year is detailed on page 12. The Board have examined the charity's requirements for ieserves in light of the rnain risks of the organisalion and e5tsblished a policy whereby the unreslricled funds not committgd or invested in fixed assets held by the charity should be between three and six months of expenditure. The Trustees have a strategy in pla to build reserves through planned operating surpluses. Financial Results Al the end of the financial year the company has assets of £1,181.301 12023 - £1,219.675) and liabilities of £75,308 {2023- £154,433). The net assets of the company have increased by £40.7S1.
incredABLE IA company limited by guarantee, not havlng a share capital) TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2024 Principal Risks and Un¢ertainties incredABLE has a risk management strategy in place which is reviewed and updated each quarter by the management team and then presented and discussed at each board meeting. A risk register has been established. Where appropriate. systems or procedures have been established to mitigate the risks the charity faces. Trustees The trustees who served throughout the financial year, except as noted. were as follows.. Michael Joseph Best Susan Margaret Best Kathleen Elizabeth Courtenay Edwin Graham Peter Hanna Deborah Suzanne Hoy Wilkinson (Resigned 17 April 20231 David Hughes (Resigned 17 April 2023) Lisa Mallon Anne Mairead McAlinden Emma Louise Mooney Cada Smyth DrAlan Manson Turtle Bernadette McKeown In accordance with the Articles of Association, the directors retire by rotation and, being eligible, offer themselves for re-election. The secretary who served during the financial year was.. Mr. Nigel Robert Hampton Compliance with Sector-wide Legislation and Standards The Companies Act 2006 The Charities SORP {FRS 1021 Public Benefit The direct benefits which flow from our purposes include improvement in the wellbeing, self-esteem and quality of life for children and adults with a Learningl Intellectual Disability as well as a reduction of anxiety and stress amongst carers of children and adults with a Learningl Intellectual Disability. These benefits are demonstrated through our feedback from children and adults with a Learningl Intelleclual Disability and their carers.. service evaluation forrns.. and compiled and summarised in our annual report. These purposes does not lead to harm. The charity's beneficiaries are children and adults with a Learningl Intellectual Disability in the Southern Health & Social Care Trust Area. They also include family members and carers of those who are diagnosed with a Learningl Intellectual Disability. A private benefit flowing from these purposes is that gained by a Trustee who also has a son or daughter who uses the support services. This trustee applies for and is assigned support in the same way as all other beneficiaries. This benefit is incidental and necessary to ensure the benefit is provided to our beneficiaries. The Auditors The auditors, Daly Park & Company Ltd, (Chartered Accountants) have indicated their willingness to continue in office in accordance with the provisions of Section 485 of the Companies Act 2006. Approved by the Board of Trustees on 16tL O l* and signed on its behalf by: DrAlan Manson Turtle Director 10
incredABLE IA company limited by guarantaè. not having a Share capital) STATEMENT OF TRUSTEES, RESPONSIBILITIES for the financial year ended 31 March 2024 The trustees, who are also directors of incredABLE for the purposes of company law, are responsible for preparing the financial statements in accordance with applicable law and regulations. Company law requires the trustees as the directors to prepare financial statements for each financial year. Under that law the trustees have elected lo prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable lawl including FRS102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 the net income or expenditure of the company for that period. In preparing these financial statements, the Irustees are required to.. select suitable accounting policies and apply them consistenuy., observe the methods and principles in the Charities SORP makejudgements and accounting estimates that are reasonable and prudent.. state whether the financial statements have been prepared in accordance with applicable accounting standards, identify those standards, and note the effect and the reasons for any material departure from those standards., and prepare the financial statements on the going concern basis unless il is inappropriate to presume that the company will continue in operation. 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 and. 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. In so far as the trustees are aware.. there is no relevant audit information (information needed by the company's auditor in connection with preparing the auditor's report) of which the company's auditor is unaware. and the trustees have taken all the steps that they ought to have taken as trustees in order to make themselves aware of any relevant audit information and to eslablish that the company's auditor is aware of that information. Approved by the Board of Trustees on I&L ler 2oL¥ and signed on its behalf by: DrAlan Director anson Turtle 11
INDEPENDENT AUDITOR'S REPORT to the Members of incredABLE IA cornpany Ilmltad by guarantee, not havlng a sharè capitsll Report on the audit of the flnanclal statgments Opinlon We have audited the company financial statements of incredABLE ('Ihe company'l for the financial year ended 31 March 2024 which Comprise the Statement of Financial Activities lincorporaling an Income and Expenditure Aeeounll, the Balance Sheet. the Statement of Cash Flows and notes to the financial statements, including the summary of significant accounting policies set out in note 2. The finaneial reporting framework that has been applied in their preparation is applieable law and United Kingdom Accounting Stsndards. including FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable to charities preparin9 their accounts in accordance with FRS 102. In our opinion. when reporbng in accordance with a fair presentation framework the financial statements.. give a true and fair view of the stale of the company's affairs as al 31 March 2024 and of its surplus for the financial year then ended.. have been properly prepared in accordance with United Kingdom Generally A¢cepled Accounting Practice.. and have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities Act (Northern Ireland) 2008. Basis for opinion We condueled our audit in accordan* with International Standards on Auditing IUKI {ISAs {UKI} and appli¢able law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordan with ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the 8udit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Concluslons relating to going concem In auditing the financial statements, we have concluded that the Iruslees, use of the going Concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perforyned. we have not Identled any material uncertainties relating lo events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of al least tsvelve months from the dale when the financial statements are aulhorised for issue. Our responsibilities and the responsibilities of the trustees with respect lo going concem are described in the ftlevanl Sections of this reporL Other Inforniation The other information comprises the information included in the annual report other than the financial statements and our Auditorfs Report thereon. The trustees are responsible for the other infomialion contsined within the annual report. Our opinion on the financial statements does not cover the other inft)rmalion and, except to the extent otherwise explicitly slated in our report. we do not express any foTh of assurance con¢lusion thereon. Our iesponsibility is to read the other information and. in doing so. consider whether the other infomiation is materially inconsistent with the financial ststemenls or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misslalements, we are required lo determine whether this gives rise to a material misstalemenl in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other infomalion, we are required lo report that fact. We have nothing to report in thi$ regard. Oplnlon on other matter prescribed by thg Companies Act 2006 In our opinion. based on the work undertaken in the course of the audit the information given in the Trustees, Annual Report for the financial year for which the financial Ststemenls are prepared is consistent with the financial statements- and the Tru$tees' Annual Report has been prepared in accordan with applicable legal requirements. 12
INDEPENDENT AUDITOR'S REPORT to the Members of incredABLE (A company Ilmlted by guarantee. not havlng a share capital) Matters on which we are requlred to report by exceptlon In the light of our knowledge and understanding of the company and ils envtronment obtained in the course of the audit, we have not identified material misslalements in the Trustees, Annual Report. We have nothing lo roport in respect of the following matters where the Companies Act 2006 requires us lo report to you if. in our opinion.. adequate accounting records have not been kept-. or the financial slalemenls are not in agreement with the accounting records and relums.. or rtain disclosures of Iiuslees, remuneration specified by law are not made.. or the trustees were not enlilled lo prepare the financial statements in accordance with the small companies regime and take advantage of the small companies. exemption in preparing the Trustees, Annual Report. Responsibllltles of trustees for the financlal ststements As explained more fully in the Slalement of Trustees, Responsibilities sel out on page 7. the trustees 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 they determine is necessary lo enable the preparation of financial ststements that are free ffom material misstatement. whether due to fraud or error. In Preparing the finan¢ial statements, the Iruslees are SPOnSible for assessing the companls ability to continue as going concern. disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the company or to cease operations, or has no realistic alternative bul to do so. Auditor's Trsponsibilities for the audit of tho financial statements Our objectives are lo obtain reasonable assurance about whether the financi81 slalements as a whole are free from material misstatement. whether due to fraud or error. and to issue an Auditor's Report that includes our opinion. Reasonable assuran is a high level of assurance. bul is not a guarantee that an audit conducted in accordan with ISAS IUKI will always delecl a material misslalement when il exists. Misslalements 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, lo detect material misslalemenls in respect of irregularities, including fraud. The exlenl to which our procedures are capable of detecting irregularities. including fraud is detailed below-. There is an inherent difficulty in detecting irregularities during audit. However the effeeliveness of entlty's controls, the nature and extent of audit procedures perfomied. gives us Confiden in detecting irregularities. Further information regardlng the scope of our responsibllltles as auditor As part of an audit in accordance with ISAS IUKI. we exercise professional judgement and maintain profe$sional scepticism throughout the audit. We also.. Identify and assess the risks of material misslalement of the . whether due to fraud or error. design and perform audit procedures responsive lo those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not delecling a materi81 misslatemenl resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery. intentional omissions, misrepresenlalions. or the override of internal control. Obtain an understanding of internal control relevant lo the audit in order lo design audit procedures that a appropriate in the Circumstan$, but not for the purpose of expressing an opinion on the effectiveness of the company's internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting eslimales and related disclosures made by trustees. Conclude on the appropriateness of the trustees. use of the going concern basis of accounting and, based on the audit eviden obtained. whether a material UnrtaInty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncortainty exists, we are required lo draw attention in our Auditovs Report to the lated discfosures in the financial statements or. rf such disclosure5 are inadequate, lo modify our opinion. Our conclusions are based on the audit eviden obtained up lo the date of our Audilorfs Report. However, future events or conditions may cause the cornpany to cease lo continue as a going concem. Evaluate the overall presentstion, structure and content of the financial stalemert15. including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. 13
INDEPENDENT AUDITOR'S REPORT to the Members of incredABLE IA company limited by guaranto9. not having a sharo capltall We communicate with those charged with govemance regarding. among other matters. the planned seope and timing of the audit and significant audit findings, including any significant deficien¢ies in internal control that we identify during our audit. Rualri Magin (Sonior Statutory Auditor) forand on b alf of DALY PARK & COMPANY LTD Chartered Accountants and Registered Auditors 4 Carnegie Street Lurgan Co. Amagh BT66 6AS Northem Ireland i6.1.!dy¢ 14
incredABLE A company limited by guarantee. not havlng a $hare capital) STATEMENT OF FINANCIAL ACTIVITIES Ilncorporating an Income and Exp•ndlture Account} for the financial year ended 31 March 2024 Unrestrlcted Restricted Funds Funds 2024 2024 Total Unrestricted Restricted Funds Funds Funds 2024 2023 2023 Total Funds 2023 Notes Incoming Resources Voluntary Income Activitie$ for generating funds Investments Other income 441,395 441.395 6,213 476.471 476,471 5,960 6.213 5.960 527 420.163 404 340.081 420,163 340,081 Total incoming resources 426.903 441,395 868,298 346.445 476.471 822,916 Resources Expended Charitable aelivities 386,152 441.395 827,547 319,690 476.471 796.161 Net Incomingloutgoing resources before transfgrs 40.751 40.751 26.755 26,755 Gross transfers between funds Net movement in funds for the financial year 40.751 40.751 26.755 26,755 Reconciliation of funds- Total funds beginning of the year 16 1,065.242 1.065.242 1.038.487 1,038.487 Total funds at the end of the year 1,105,993 1,105.993 1,C65,242 1,C65.242 The Statement of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate to continuing activities. The notss on pages 15 to 20 forrn part ofthe finanaal statements 15
incredABLE (A company limited by guarantee, not having a share eapltall Company Number: N1062968 BALANCE SHEET as at 31 March 2024 2024 2023 Notes Fixed Assets Tangible assets 10 898,284 865,771 Current Assets Debtors Cash at bank and in hand 11 12 122,657 165,360 133,580 220,324 288,017 353,904 Creditors: Amounts falling due within one year 13 {72,8741 1132,878) Net Current Assets 215,143 221,026 Total Assets less Current Liabilities 1,113,427 1,086,797 Creditors Amounts falling due after more than one year 14 (7,434) 121,5551 Total Net Assets 1.105.993 1,065.242 Funds Designated funds {Unrestrictedl General fund lunrestricled) 898.284 207.709 865.771 199,471 Total funds 16 1,105,993 1,065,242 These financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 ofthe Companies Act 20Q6. Approved by the Board of Trustees and authorised for issue on behalf by 16tL 0£th( 2oèy and signed on its DrAlan Manson Turtle Director The notes on pages 15 10 20 form part of the financial statements 16
incredABLE STATEMENT OF CASH FLOWS for the financial year ended 31 March 2024 2024 2023 Notes Cash flows from operating actlvlties Nel movement in funds Adjustments for.. Depreciation Interest receivable and similar income Inte$1 payable and similar expenses 40,751 26.756 59,606 (5271 2.679 42,271 (4041 2,647 Movements in working capital.. Movement in debtors Movement in creditors 102,509 71.270 15,923 143.8621 {62.3991 18.247 Cash generated from operations Interest paid 74.570 {2.679) 27.118 12,6471 Net Cash generated from operating activities 71.891 24,471 Cash flows from Investlng a¢tivities Interest received Payments to acquire tsngible assets 527 192.119) 404 {12,8671 Nel cash used in investment activities {91,5921 112,463} Cash flov from financing activEtles Repayment of short term loan Advances from $ubsidiarieslgroup companies (14,121) 121.1421 113.1811 14.109 Net cash (used in}Igeneraled from financing aetivilies {35.2631 928 Net (decrease}lincrease in cash and cash equivalents Cash and cash equivalents at the beginning of the year 154.9641 220.324 12,936 207,388 Cash and cash equivalents at the end of thg year 12 165.360 220.324 17
incredABLE IA company limited by guarantee. not having a share capltall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 GENERAL INFORMATION incredABLE is a company limited by guarantee incorporated in Northern Ireland. The registered Offi of the company is 162 Portadown Road, Richhill. Co. Armagh. BT619LJ. Northern Ireland which is also the principal place of business of the company The financial statements have been presented in Pound 1£) which is also the functional currency of the company. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consistently in dealing with items which 8re considered material in relation to the chartty's finan¢ial statements. Basis of preparation The financial statements have been prepared on the going concern basis und8r the historical cost convention, modified lo inelude certain items al fair value. The financial slalements have been prepared in accordance with the Statement of Recommended Practice ISORPI "Aeeounling and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" As permitted by the Companies Act 2006, the company has varied the standard fomiats in that act for the Statement of Financial Activities and the Balance Sheet. Departures from the standard fomials are to comply with the requirements of the Charities SORP and are in compliance with section 4.7. 10.6 and 15.2 of that SORP. Statsmgnt of compliance The financial slalements of the Company for the financial year ended 31 December 2017 have been prepared on the going conrn basis and in accordanee with the Statement of Recommended Practice {SORP) "Accounting and Reporting by Charities preparing their accounts in accordance with the Finanual Reporting Stsndard applicable in the UK and Republic of Ireland FRS 102" Incoming Resources Voluntary income or capital is included in the Ststement of Financial Activities when the company is legally entitled to it. ils financial value can be quantified with reasonable rtaInty and there is reasonable certainty of its ultimate receipt. Entitlement lo legacies is considered established when the company has been notified of a distiibulion to be made by the executors. Income received in advance of due performance under a contract 1$ accounted for as deferred income until earned. Grants for activities are reeognised as income when the related conditions for legal enlillement have been mel. All othei income is accounted for on an accruals basis. Resources Expended All resources expended are accounted for on an accruals basis. Charitable activities inelude costs of services and grants. support costs and depreciation on related assets. Costs of generating funds similarly include fundraising aclivilies. Non-stsff costs not attributed to one category of activity are allocated or apportioned pro-rata to the staffing of the relevant service. Finance, HR, IT and administrative staff ¢osts are directly attributable to individual activities by objective. Governance Costs are those associated with conslilutional and statutory requirements. Tangible fixed assets and depreciation Tangible fixed assets are slated al cost or at valuation, less accumulated depreciation. The charge lo depreciation is calculated to write off the original cost or valuation of tangible fixed assets. less their estimated residual value, over their expected useful lives as follows.. Land and buildings fehOld Plant and machinery Fixtures. fittings and equipment Motor vehicles 4% Straight line 20% Straight line 20Yo Straight line 25./0 Straight line Debtors Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued al the amount Ppaid net of any trade discounts due. Incorne Cognised by the company from government agencies and other co-fundors, but not yet Teceived al year end. is ineluded in debtors. Cash at bank and in hand Cash al bank and in hand comprises cash on deposit at bank$ requiring less than three monlh5' notice of wtthdrawal. 18
¢onlinued IncredABLE IA company limitod by guarantee, not having a sharè eapitall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 Taxation No current or deferred taxation arises as the company has been grantsd charitable exemption. Irrecoverable valued added tax is expensed as incurred. INCOME DONATIONS AND LEGACIES Unrestricted Restrlcted Funds Funds 2024 2023 Grant Income 441,395 441,395 476,471 3.2 OTHER TRADING ACTIVITIES Unrestricted Restricted Funds Funds 2024 2023 Fundraising events 6,213 6,213 5.960 INVESTMENTS Unrestricted Restricted Funds Funds 2024 2023 Investments 527 527 OTHER INCOME Unrestricted Restricted Funds Funds 2024 2023 Other income 420.163 420.163 340.081 EXPENDITURE CHARITABLE ACTIVITIES Dlrect Costs Other Costs Support Costs 2024 2023 Chartty Co$1$ 729,728 97.819 827,547 796,161 SUPPORT COSTS Charitable Activities 2024 2023 Support Costs 97,819 97.819 89.408 ANALYSIS OF SUPPORT COSTS 2024 2023 Support Costs 97.819 89,408 NET INCOMING RESOURCES 2024 2023 Net Incoming Resources are stated after charging1{¢roditing): Depreciation of tangible assets Auditor's remuneration.. audit SeNiS 59.606 42.271 3.840 4,240 19
onlinued incredABLE IA company limitèd by guaranteo, not having a share capltall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 INVESTMENT AND OTHER INCOME 2024 2023 Bank interest 527 404 INTEREST PAYABLE AND SIMILAR CHARGES 2024 2023 On bank loans and overdrafts 2,679 2,647 EMPLOYEES AND REMUNERATION The $taff costs comprise.. 2024 2023 Wages and salarEs Pension costs 493.713 9.795 470.823 20.561 503,508 491.384 10. TANGIBLE FIXED ASSETS Land and buildings freehold Plant and Fixtures, machinery fittings and equipment Motor vehicle$ Total Cost Al 1 April 2023 Additions 936.202 5,648 91.207 4.119 56,677 88,000 1.089.734 92.119 At 31 March 2024 936,202 5.648 95,326 144,677 1,181.853 Depreclation At 1 April 2023 Charge for the financial year 106.086 21.656 4,432 65.291 11.420 48.154 26.124 223,963 59.606 Al 31 March 2024 127,742 4,838 76.711 74,278 283.569 Net book value At 31 March 2024 808,460 810 18.615 70,399 898.284 At 31 March 2023 830.116 1,216 25,916 8,523 865,771 Northern Bank Limited hold5 a charge over propety and lands al 42 Ballinran Road, Kilkeel, Co.Down and 162 Portadown Rd. Richhill. which contains ffxed and floating Charge. The charge was registered on 0110612017. Northein Bank Limlled holds a charge over the lands of the ¢ompany in respect of mortgage tolalling £95,000. The charge was created on 1211212011. 11. DEBTORS 2024 2023 Trade dobtors Other debtors Taxation and social security costs Prepayments and a¢¢rued income 106.236 7.589 5.000 3.832 101.805 23,307 122,657 133,580
continued incredABLE IA company limited by guarantèe, not having a share capltall NOTES TO THE FINANCIAL STATEMENTS for the finaneial year ended 31 March 2024 12. CASH AND CASH EQUIVALENTS 2024 2023 Cash and bank balan Cash equivalents 1,377 163,983 1.1C6 219.218 165.360 220.324 13. CREDITORS Arnounts falllng due within one year 2024 2023 Bank loan Trade creditors Amounts owed lo connected parties (Note 181 Taxation and social security costs Other creditors Accruals and deferred income 16.800 6.287 43.437 16,800 44.640 64,579 1,245 330 6.020 5.614 72,874 132,878 CREDITORS Amounts falling due after more than one year 2024 2023 8ank loan 7,434 21,555 Repayable in one year or less, or on demand (Note 131 Repayable between one and years 16.800 7,434 16,800 21,555 24,234 38,355 15. RESERVES 2024 2023 Al the beginning of the year Surplus for the financial year 1,065,242 40,751 1,038,4186 26,756 At the end of the year 1.105,993 1.065,242 16. FUNDS 16.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestrlcted Funds Total Funds At 1 April 2022 Movement during the financial year 1,038,487 26,755 1,038,487 26.755 Al 31 March 2023 Movement during the financial year 1,065.242 40,751 1,065.242 40,751 At 31 March 2024 1,105,993 1,105.993 21
continued incredABLE IA company limited by guaranta•. not having a share capltall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 16.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 April 2023 Income Expenditure Transfers b¢tW99n funds Balancg 31 March 2024 CFNI - Dept of Health Carers Fund SHSCT BBC Children In Need 37.5(KJ 37.500 372,228 31.667 372,228 31.667 441,395 441.395 Unrestricted funds Building Fund Unrestricted General 865.771 199.471 32.513 132.5131 898.284 207.709 426,903 386.152 1.065,242 426.903 1386.1521 1,105,993 Total funds 1,065.242 868.298 827,547 1.105.993 16.3 ANALYSIS OF NET ASSETS BY FUND Fixed assets - charity usg Current assets Current Long-tenn liabilitigs liabilities Total Unreslricled general funds 898.284 283,017 {67.8741 {7.434) 1,105,993 898.284 283.017 {67,8741 17,4341 1.105.993 17. STATUS The company is limited by guarantee not having a share capital. The liability of the members is limited. Every member of the company undertakes lo contllbute lo the assets of the company in the event of its being wound up while they are members, or within one year thereafter, for the payment of the debts and liabilities of the company contracted before they ceased lo be members, and the costs, charges and expenses of winding up, and for the adjustment of the rights of the ¢onlributors among themselves. such amount as may be required, not exceeding £ 1. 18. RELATED PARTY TRANSACTIONS The following amounts are due to other connected partS.. 2024 2023 20.000 44,579 43,437 43,437 64.579 IncredABLE Enterprises 1$ a Company which is managed and controlled by membersldirectors of IncredABLE. During the course of the current year a number of transactions were made beeen the organisations with the balance of £43,437 is still due to IncredABLE Enterprises al the end of the year. This disclosed in Note 13 and 18 to the financial statements. 22
¢onlinL incredABLE IA company limited by guarant8•, not having a share capltall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2024 19 RECONCILIATION OF NET CASH FLOWTO MOVEMENT IN NET DEBT Opening balance Cash Other changes Closing balan¢9 Long-tern borrowings Short-lerm borrowings 121,555} 116.8001 14,121 114.121) (7,4341 {16,8001 14.121 Totsl liabilities from flnan¢ing activitles {38,355} 14,121 124,2341 Total Cash at bank and in hand (Note 12) 165.360 Total not debt 141.126 TRUSTEE REMUNERATION None of the Trustees received nor waived any klnd of remuneration during the current or prevlous financial year. 23