on* Chartered Accountants and Registered Auditors REGISTERED COMPANY NUMBER: N1043785 (Northern Ireland) REGISTERED CHAIUTY NUMBER: 101144 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 FOR ELY CENTRE-THE A COMPANY LIMITED BY GUARANTEE Patton Rainey Stenson Limited Chartered Accountants and Statutory Auditors 6 East Bridge Street Enniskillen Co. Fern]anagh BT74 7BT CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Registered to carry out audit work and regulated lor a range ol Investment business aclivilies In the United KingdoFn by the Inslilule ol Chartered Aceounianis in Ireland
ELY CENTRE-THE ONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 MARCH 2023 Page Report of the Trustees Report of the Independent Auditors Statement of Financial Activities Balance Sheet Cash Flow Statement io Notes to the Cash Flow Statement Notes to the Financi21 Statements 12 to 19 Detailed Statement of Financial Activities 20 to 21
ELY CENTRE-THE EPORT OF THE TRUSTEES for the Year Ended 31 MARCH 2023 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities-. Statement of Recommended Practice applkcable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims The Ely Centre is a registered charity that provides support services to civilians, ex security force personnel and their families who have suffered as a result of the troubles. The Ely Centre was fornied by the families of those bereaved and injured in the 1987 Enniskillen Poppy Day bomb. The Ely Centre also aims to advance the education of the wider community on the effects of the troubles and especially the effects of terrorism on victims, their children and the impact of trans (inter) generational trauma on families effected by the troubles. Significant activities The charity provides evidenced based treath]ent, prevention and support services that address issues of declining psychological, physical health, social and financial difficulties Over the past year, from our centres we have delivered funded programmes of Health and Well Being services, Social Support activities. Welfare and Benefits advice, a listening ear and drop in centre. Open daily offerints a space for victims and survivors to come together. a family support project and a community befriending network to support isolated and vulnerable victims and survivors. The services have achieved all estimated uptake amongst service users. These services are delivered by Ely Centre staff, outsourced providers and volunteers. These projects are supported fmancially from multiple funders. The Ely Centre also developed an innovative veteran's support programme during this current year addressing veterans, physical and psychological wellbeing tlwough military scale model Tnaking workshops and educational outreach programmes. The charity aims to continue to provide the same level of services to its users and grants have been secured to enable this. In April 2023 The Castlehill Foundation reached the decision to merge their services with The Ely Centre, leading to the sustainability of services within the upper bann area for victirns and survivors. All previous ndIng directed to The Castlehill Foundation is now being directed to The Ely Centre. Public benefit The Trustees seek to ensure that the Public Benefit requireTnent is considered and The Ely Centre facilitates the support of victims having due regard to the Charities Commission Northern for Ireland guidance on public benefit. The main public benefits which the charity aims to achieve are as follows: The improved physical and mental health wellbeino This is achieved through our support programmes includin professional ¢ounselling, complementary therapies and respite trips. The recipieThts of these therapies benefit from lower levels of stress and anxiety and will also feel less isolated and lonely. The advancement of community development. This is achieved through services and programmes offered within the wider community to promote tolerance and positive cr05s-community relations. The public benefit is a strong community spirit and the empowennent of victimslsurvivors. The easement of financial difficulties. This is achieved through offering skills-based training programmes and support with essential outgoings. Advice and assistance is given in relation to benefits available and securing entitlement to same. Page I
ELY CENTRE-THE REPORT OF THE TRUSTEES for the Year Ended 31 MARCH 2023 FINANCIAL REVIEW Financial position The results for the year ended March 2023 are set out on pages 7 and 8 of the fmancial statements. Income consists of grants and donations and amounted to £683,057 for the year ended 31 March 2023. (2022 £523,142). After deducting expenditure of £679,267 (2022 535,631) a surplus of £3,790 arose for the year (2022 deficit £12,489) At 31 March 2023 the total ndS of the charity amounted to £13,022 (2022 £9,232). Reserves poliey It is the policy of the Charity that reserves that hav¢ not been desiated for a specific purpose should be maintained at a level equivalent to between 1-2 months expenditure. The Charity considers that reserves at this level will ensure thaL in the event of a significant drop in fundino they will be able to continue some activities however this would be on a greatly reduced scale. The Charity aims to achieve these levels of reserves in the following financial years. Going Concern After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the gotng concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in accounting policies. STRUCTURE, GOVERNANCE AND MANAGEMENT Governtng document The charity is registered as a charitable company limited by guarantee and was set up by its Memorandum and Articles of Association. The company is registered with the Charity Commission Nl under charity reference l 01144. The management of the charity is led by Lee McDowell. New trustees are nominated for consideration to the Board based on background. interests and experience. New trustees receive an inhouse induction and there is ongoing traiThing for existing trustees. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number N1043785 (Northern Ireland) Registered Charity number 101144 Registered olee 52 Forthill Str¢et Enniskillen Fernianagh BT74 6AJ Page 2
ELY CENTRE-THE REPORT OF THE TRUSTEES for the Year Ended 31 MARCH 2023 Trustees Mr W J Dixon Mrs A Dixon Mr A Coulter Mrs E Lappin Mrs R Barton Mr J Mullan Mrs M Black Mr R E Crawford Ms S E Porter (appointed 29.4.22) (resigned 31.10.22) Mr A G Mccrum (appointed 29.4.22) Ms V Craig (appointed 1.4.23) Mr Gracey (appointed 1.4.23) Company Secretary Mrs M Black Auditors Patton Rainey Stenson Limited Chartered Accountants and Statytory Auditors 6 East Bridge Street Enniskillen Co. Fennanagh BT74 7BT STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the directors of Ely Centre-The for the purposes of company law) are responsible for preparin the Report of the Trustees and the fmancial 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 year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure. of the charitable company for that period. In preparing those financial statemenls, the trustees are required to select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charity SORP. make judgements and estimates that are reasonable and prudent. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable 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 of which the charitable company's auditors are unaware. and the trustees have taken all steps that they ought to have taken to make ihemselves aware of any relevant audit infonnation and to establish that the auditors are aware of that inforniation. AUDITORS The auditors, Patton Rainey Stenson Limited, will be invappointmentder for re-appointmnel at the forthcorning Annual General Meeting. Page 3
ELY CENTRE-THE REPORT OF THE TRUSTEES for the Year Ended 31 MARCH 2023 Approved by order of the board of trustees on 14 December 2023 and signed on its behalf by- Mr R E Crawford - Tstee Page 4
o)qLs Chartered Accountants and Regislered Auditors REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF ELY CENTRE-THE Opinion We have audited the financial statements of Ely Centre-The (the 'charilable company,) for the year ended 31 March 2023 which comprise the Statement of Financial Activities, the Balance SheeL the Cash Flow Statement and notes to the fmancial statements, includÉng a summary of significant accounting policies. The funCiaL reporting fraTnework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdotn Generally Accepted Accounting Practice). In our opinion the fmancial statements: oive a true and fair view of the state of the charitable companys affatrs as at 3 l March 2023 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 witkl United Kinodom 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 Auditin (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in tkle Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the charitable cotnpany in accordance with the ethical requirements that are relevant to our audit of the fuMncial stateents in the UK includino the FRC'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 sutficient and appropriate to provide a basis for our opitkion. Conclusions relating to going concern In auditino the fEnancial staternents, we have concluded that the trustees, use of the going ¢oncern basis of accounting in the preparation of the fmancial statements is appropriate. Based on the work we have perfornie(L we have not identified any nterIal uncertainties relating to events or condition5 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 twelve months from when the Iinancial statements are authorised for issue. Our responsibilities and the responsibilitie5 of the trustees with respect to going concern are described in the relevant sections of this reporL Other information The trustees are responsible for the other infOrntiOn. The other inforTnation comprises the information included in the Annual ReporL other than the fllwicial statements and our Report of the IThdependent Auditors thereon. Our opinion on the financial statements does not cover the other infornwtion and. except to the exteTht otherwise explicitly stated in our report, we do not express any fortn ol assurance conclusion thereoTh. In connection with our audit of the fmancial statetnents, our responsibility is to read the other inforniation and, in doing 50, consider whether the other inf0mtIOn is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such matèrial inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatetnent in the fmarLcial statements themselves. If, based on the work we have perfomied, we conclude that there is a material misstatement of this other infonnation, we are required to report that fact. We have nothing to report in this regard. Opinions OTh other m2tters prescribed by the Cotnpanies Aet 2006 In our opinion. based on the work undertaken in the course of the audit: the infortnation given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements. and the Report of the Trustees has been prepared in accordance with applicable legal requirements. CHARTERED ACCOUNTANTS IRELAND Chartered Tax Adviser¢ Flegislered lo carry out audit work and regulated lor a range of investment business aclivilies in the Unil8d Kingdom by the Insiilute of Chartered Accounlanls in Ireland
qu Chartered Accountants and Registered Auditors REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF ELY CENTRE-THE M2tters on which we are required to report by exception En the light of the knowledge and understandintt of the charitable company and its environment obtatned in the course of the audit, we have not identified material misstatements in the Report of the Trustees. We have nothing to report in respect of the followtng matters where the Companies Act 2006 requires us to report to you if. in our opmion: 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 agreetnent with the accounting records and returns- or certain disclosures of trustees, remuneratioTr specified by law are not made- or we have not received all the inforniation and explanations we require for our audit- or the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees. Responsibilities of trustees As explained more fully in the StateTnent of Trustees, Responsibilities, the tnteeS (who are also the directors of the charitable ¢OTnpany for the purposes of company law) are responsible for the preparation of the fancial statements and for beiniT 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 misstatetnenL whether due to fraud or eor. In preparing the fmancial statements. the trustees are responsible for assessing the charitable company's ability to continue as a gotng concern, disclosincr as applicable. matters related to going concern and using the going concern basis of accounting unless the trnstees either intend to liquidate the Charitable company or to cease operatiOLlS. or have no realistic alternative but to do so. Our responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurnnce about whether the fmancial statements as a whole are free from llterial misstatenLenL whether due to fraud or error, and to issue a Report of the Independent Auditors 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 Tnaterial misstatement when it exÈsts. Misstatements can arise from fraud or error and are considered material if. individually or in the aooregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these IanCIal statements. The extent to which our procedures are capable of detecting Ètregularities. includiThg fraud is detailed below- As part of an audit in accordance with ISAS, we exercÉse professional judgement and maintain professional scepticism throughout the audit. We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perfonn audit procedures responsive to these risks. and obtain audit evidence that is sulficient and appropriate to provide a basis for our opinion. We obtain an understanding of intemal controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances. CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Registered to carry out audit work and regulated for a range ol investment business aclivilies in the Uniled Kingdom by the Insiilule of Chartered Accounlanls in Ireland
qu on Chartered Accountants and Registered Auditors REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF ELY CENTRE-THE We obtain an understanding of the company, the industy it operates in and the legal and reoulatory framework that the company operates within. We focus on the provisions of these laws and regulations that have a direct effect Oll material amounts and disclosures in the fmancial statements. The key laws and regulations we Considered in this context included the UK Companies ACL Pension. Tax and Health and Safety Legislation, together with provisions of other laws and "regulations that do not have a direct effect on the fmancial statements, but compliance with which may be fundamental to the company's ability to operate or avoid a material penalty. We tailored our response to these identified risks to include enquiry of management and external legal advisors concerning actual and potential litigation and claims, perforniing analytical procedures to identify any unusual or unexpected relationships that may indicate the risk of tnaterial misstatement due to fraud or other irregularities. Further we reviewed the correspondence with HMRC and other reoulatory bodies. In addressing the risk of fraud through manacremenÈ override of controls. we tested the appropriateness of journal entries and adjustments, assessed whether the judcrements made in making accounttng estimates are indicattve of a potential bias. Further we evaluated the business rationale of any significant transactions that are unusual or outside the nonnal course of business. There are inherent litnitations in the audit procedures described above. We are less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to evetkts and transactions reflected in the Fancial statements. Also. the rÈsk of not detectino a material misstatement due to fraud is higher than the risk of not detecting one resulttng from error, as fraud may involve deliberate concealment by, for example. forgery or intentional misrepresentations, or through Collusion. 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.uk/auditorsresponsibilities. This description fomis part of our Report of the Independent Auditors. Use of our report This report is made solely to the charitable COTnpany's members. as a body, ITh ac¢ordance 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 cotnpany's members those matters we are required to state to them in an auditors, report and for no other purpose. To the lIest extent pennitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit worK for this repor( or for the opinions we have formed. Williatn Kenneth Rainey FCA (Senior Statutory Auditor) for and on behalf of Patton Rainey Stenson Limited Chartered Accountants and Statutory Auditors 6 East Bridge Street Enniskillen Co. Fermanagh BT74 7BT 14 December 2023 CHARTERED ACCOUNTANTS IRELAND Registered 10 carry oul auijil work and regulated lor a range ol investment business aelivilie5 in the United Kingdotn by Ihe Insiilule of Chartered Accountan15 in Ireland Chartered Tax Advisers
ELY CENTRE-THE STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 MARCH 2023 31.3.23 Total funds 3 1.3.22 Total funds Unrestricted funds Restricted nds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 33,227 649.830 683,057 523,142 EXPENDITURE ON Charitable activities Miscellaneous Activities 29,152 650,115 679,267 535,631 NET INCOMEI(EXPENDITURE) Translers between funds 4,075 (5,267) (285) 5,267 3,790 (12.489) 12 Net movement in funds (1,192) 4,982 3,790 (12,489) RECONCILIATION OF FUNDS Total funds brought fonvard 14,116 (4,884) 9,232 21,721 TOTAL FUNDS CARRIED FORWARD 12.924 98 13,022 9,232 The notes form part of these fmancial statements Page 8
ELY CENTRE-THE BALANCE SHEET 31 MARCH 2023 31.3.23 Total funds 31.3.22 Total funds Unrestricted funds Restricted funds Notes FIXED ASSETS Tangible assets 5,102 5,102 6.378 CURRENT ASSETS Debtors Cash at bank and in hand io 800 40,753 18,446 10,784 19,246 SA,537 loo 44,500 41,553 29,230 70,783 44,600 CREDITORS Amounts falling due within one year (33,733) (29,130) {62,863) (41,746) NET CURRENT ASSETS 7,820 loo 7,920 2,854 TOTAL ASSETS LESS CURRENT LIABILITIES 12,922 loo 13,022 9,232 NET ASSETS 12,922 loo 13,022 9,232 FUNDS Unrestricted funds Restricted funds 12 12,922 loo 14,116 (4,884) TOTAL FUNDS 13,022 9.232 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authoiised for issue on 14 December 2023 and were signed on its behalf by: Mr R E Crawford - Trustee The notes forni part of these financial statements Page 9
ELY CENTRE-THE CASH FLOW STATEMENT for the Year Ended 31 MARCH 2023 31.3.23 31.3.22 Notes Cash flows from operating activities Cash generated from operations 7,037 (5,919) Net cash provided by/(used in) operating activities 7,037 (5,919) Change in cash 2nd eash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting perlod 7,037 (5.919) 44,500 50,419 Cash and eash equivalents at the end of the reporting period 51,537 44.500 The notes forni part of these financial statements Page 10
ELY CENTRE-THE 4YOTES TO THE CASH FLOW STATEMENT for the Year Ended 31 MARCH 2023 RECONCILIATION OF NET INCOMEI(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.3.23 31.3.22 Net incomel(expenditure) for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges (Increase)Idecrease in debtors Increase in creditors 3,790 (12,489) 1,276 (19,146) 21,117 1,595 496 4,479 Net cash provided byl(used in) operations 7,037 (5,919) ANALYSIS OF CHANGES IN NET FUNDS At 1.4.22 Cash flow At 31.3.23 Net cash Cash at bank and in hand 44,500 7,037 51,537 44,500 7,037 51,537 Total 44,500 7,037 51,537 The notes fonn part of these financial statements Pagell
ELY CENTRE-THE NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 MARCH 2023 ACCOUNTING POLICIES Basis of preparing the flnancial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with Ihe Charities SORP (FRS 102) 'Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their accounts Èn accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities oThce the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure. 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Tangible assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes the orioinal purchase price, costs directly attributable to bringing the asset to its working condition for its intended use, dismantling and restordtion costs. (i) Depreciation and residual values Depreciation is calculated. using the stated method. to allocate the depreciable amount to their residual values over the expected useful economic lives of th¢ assets concerned. The principal annual rates used are as follows.. Fixtures and fittings 20 % on reducing balance Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Hire purchase and leasing Commitments Rentals paid under operating leases are charged to the Ststement of Financial Activities on a straight line basis over the period of the lease. Pension costs and other post-retiremellt benefits The company operate5 a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in independently administered funds. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate. Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks and bank overdrafts. Page 12 continued...
ELY CENTRE-THE .NOTES TO THE FINANCIAL STATEMENTS- continued ror the Year Ended 31 MARCH 2023 ACCOUNTING POLICIES- continued Cash and eash equivalents Bank overdrafts are shown within bOowingS in Cuent liabilities. Going Concern At the time of approving the financial statements the trustees have a reasonable expectatioTh that the charity has adequate resources to continue operdting for the foreseeable future. Thus the trustees continue ti adopt the going concern basis of accounting in preparing the fmancial statements. Critical accounting estimates and areas of judgement Estimate and judgements are continually evaluated and are based in historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. CrÈtical accounting estimates and assumptions: The company makes estimates and assumptions concerning the ture. The resulting accounting estimates and assumptions will, bu definition, seldom equal the actual related results. DONATIONS AND LEGACIES 31.3.23 31.3.22 Donations and contributions for therapies Grants 29,378 653,679 23.723 499,419 683,057 523,142 Grants received. included in the above, are as follows: 31.3.23 31.3.22 Other grants 653,679 499,419 CHARITABLE ACTIVITIES COSTS Support costs (see note 4) Direct Costs Totals Miscellaneous Activities 665,706 13,561 679,267 Page 13 continued...
ELY CENTRE-THE NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 MARCH 2023 SUPPORT COSTS Governance costs Management Totals Miscellaneous Activities 2,215 IlJ46 13.561 NET INCOMEI(EXPENDITURE) Net income/(expendi1we) is stated after Chargin(creditIng)- 31.3.23 31.3.22 Auditors, rernuneration Depreciation - owned assets Other operating leases 3.400 1,276 20,SOO 3,400 1.595 20,700 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022. STAFF COSTS 31.3.23 31.3.22 Wages and salaries Social security costs Other pension costs 423,716 36,812 16,804 323.353 29,399 13,230 477,332 365.982 The average monthly number of employees during the year was as follows: 31.3.23 16 31.3.22 14 Administration No employees received emoluments in excess of £60,000. Page 14 Continued...
ELY CENTRE-THE .NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 MARCH 2023 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 23.723 499,419 523,142 EXPENDITURE ON Charitable activities Miscellaneous Activities 31.357 504.274 535,631 NET INCOME/(EXPENDITURE) Transfers between funds (7,634) 13.777 (4,855) (13.777) (12,489) Net moyetnent in funds 6.143 (18.632) (12,489) RECONCILIATION OF FUNDS Total funds brought fonvard 7,973 13,748 21,721 TOTAL FUNDS CARRIED FORWARD 14,116 (4,884) 9,232 TANGIBLE FIXED ASSETS Fixtures and fittings COST At l Aprtl 2022 and 31 March 2023 66,207 DEPRECIATION At l April 2022 Charge for year 59,829 1276 At 31 March 2023 61,105 NET BOOK VALUE At 31 March 2023 5,102 At 31 March 2022 6,378 Page 15 continued...
ELY CENTRE-THE 4¥0TES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 MARCH 2023 io. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.23 31.3.22 Other debtors 19,246 loo CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.23 3 1.3.22 Trade creditors and accruals Other creditors Deferred grdThts 17,874 IOJ83 34,606 26,479 3.631 11.636 62,863 41,746 12. MOVEMENT IN FUNDS Net movement in fund5 Transfers between funds At 31.3.23 At 1.4.22 Unrestricted funds General fund 14,116 4,073 (5,267) 12,922 Restricted funds Other Restricted VSS Grant 2,877 {7,761) (2,777) 8,044 loo {283) (4,884) (283) 5,267 loo TOTAL FUNDS 9,232 3,790 l3,022 Net movement in funds. included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 33,227 (29,154) 4,073 Restricted funds VSS Grant Anned Forces Covenant Fund Tust Funding - Onside Project 638,602 (638,885) (283) 11,228 (11,228) 649,830 (650,113) (283) TOTAL FUNDS 683,057 (679,267) 3,790 Page 16 continued...
ELY CENTRE-THE NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 MARCH 2023 12. MOVEMENT IN FUNDS - continued Comparatives for movement in funds Net movement in ndS Trdnsfers between funds At 3 1.3.22 At 1.4.21 Unrestricted funds General nd 7,973 (7,634) 13,777 14,116 Restricted funds Other Restricted VSS Grant 26,206 (12.458) (912) (3.943) (22.417) 8,640 2,877 (7,761) 13,748 (4,855) (13,777) (4,884) TOTAL FUNDS 21,721 (12,489) 9,232 Comparative net movenient in funds, included ITh the above are as follows: Incoming resources Resources expended Movement in fLU]ds Unrestricted funds General fimd 23,723 (31,357) (7.634) Restrieted funds Other Restricted VSS Grant Anned Forces Covenant Fund Tnt Funding- The Not Forgotten Armed Forces Covenant Fund Tust Funding- Onside Project (9 l2) (471,501) (912) (3,943) 467,558 8,100 (8,100) 23,761 (23,761) 499,419 (504,274) (4,855) TOTAL FUNDS 523,142 (535,631) (12,489) Page 17 continued...
ELY CENTRE-THE .NOTES TO THE FINANCIAL STATEMENTS- eontinued for the Year Ended 31 MARCH 2023 12. MOVEMENT IN FUNDS - continued A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds Transfers between funds At 31.3.23 At 1.4.21 Unrestricted funds General fund 7,973 (3,561) 8,510 12.922 Restricted funds Other Restricted VSS Grant 26,206 (12,458) (912) (4,226) (25.194) 16,684 loo 13,748 (5,138) (8,510) loo TOTAL FUNDS 21,721 (8,699) 13,022 A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incotning resources Resources expended Movement in funds Unrestrieted funds General fund 56,950 (60.511) (3,561) Restricted funds Other Restricted VSS Grdnt Anned Forces Covenant Fund Trnst Funding- Th¢ Not Forgotten Anned Forces Covenant Fund Tust Funding- Onside Project (912) (1,110,386) (912) (4,226) 1,106,160 8,100 (8,100) 34.989 (34.989) 1,149.249 (1,154,387) (5,138) TOTAL FUNDS 1,206,199 (1,214.898) (8,699) 13. EMPLOYEE BENEFIT OBLIGATIONS The company operates a defined contribution pension scheme for the benefit of staff. The assets of the scheme are held separately from those of the company in an independently administered fund. The total pension cost for the company for the year was £16,804 (2022 £13,230). There was a liability of £2,041 outstanding at the year end (2022 £1,869). Page 18 continued...
ELY CENTRE-THE NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 MARCH 2023 14. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2023. 15. GOING CONCERN At the time of approving the financial statements the trustees have a reasonable expectation that the charity has adequate resources to continue operating for the foreseeable fUre. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. Page 19
ELY CENTRE-THE DET AILED ST ATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 MARCH 2023 31.3.23 31.3.22 INCOME AND ENDOWMENTS Donations and legacies Donations and contributions for therapies GraThts 29?78 653,679 23,723 499.4 19 683,057 523.142 683,057 523,142 Total incoming resources EXPENDITURE Charitable activities Salaries and wages Social security Pensions Other operating leases Insurance LighL heat aThd water Telecommunications Postage, stationery and office costs Project costs Travel costs Hospitality Computer maintenance Repairs and maintenance Subscriptions Bank charges Donations Covid 19 Support Training Depreciation of tangible fixed assets 323,353 29,399 13.230 20,700 5.898 4,349 9,830 2.603 63,585 6.786 1,125 15,045 6,504 410 447 7,882 8,290 2,364 1,595 423,716 36,812 16,804 20,500 6,081 5,860 12,117 4,430 91.633 11,243 3,000 20,199 7,151 2,435 1,349 75 1,025 1,276 665,706 523,395 Support costs Management Advertising Sundries 2,215 1.109 375 2,215 1,484 Governance Costs Auditors, remuneration Payroll Consultancy fees caled forward 3,400 1.600 2,792 7,792 3,400 1,200 3,786 8,386 This page does not forni part of the statutory financial statements Page 20
ELY CENTRE-THE ET AILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 MARCH 2023 31.3.23 31.3.22 Governance costs Brought forward Accountancy 8?86 2,960 7,792 2.960 11,346 10,752 679,267 535.63 1 Total resources expended 3,790 (12,489) Net incomel(expenditure) This page does not fonn part of the statutory financial statements Page 21