REGISTERED COMPANY NUMBER: N1059265 (Northern Ireland) REGISTERED CHARJTY NUMBER: NIC101158 ort of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025 for Atlas Women's Centre Acom an Limited b Guarantee Lynn, Drake & Co Ltd Chartered Accountants 1st Floor 34 B-D Main Street Moira Co. Am]agh BT67 OLE
Atlas Women's Centre Contents of the Financial Statements for the Year Ended 31 March 2025 Page Reference and Administrative Details Report of the Trustees Independent Examiner's Report 9 to IO Statement of Financial Activities Statement of Financial Position 12 to 13 Notes to the Financial Statements 14 to 27 Detailed Statement of Financial Activities 28 to 29
At12s Women's Centre RefereDce and Administrative Details for the Year Ended 31 March 2025 TRUSTEES Barbara Eli7abeth Hamill Colette Power Elizabeth Quinn (resigned 121612024) Kym Hall Eli7abeth Docherty Eileen Irvine Ann Johnston Jennifer Magee COMPANY SECRETARY Eileen Irvine REGISTERED OFFICE 7 Bachelors Walk Lisburn Co. Antrim BT28 IXJ REGISTERED COMPANY NUMBER N1059265 (Northern Ireland) REGISTERED CHARITY NUMBER NICIOI 158 INDEPEIYDENT EXAMINER Lynn, Drake & Co Ltd Chartered Accountants 1st Floor 34 B-D Main Strect Moira Co. Arn)agh BT67 OLE
Atlas Women's Centre ort of the Trustees for the Year Ended 31 March 2025 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statcmcnts of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practic¢ applicable to charities preparing theii accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AM) ACTIVITIES Objectives and aims To promote any charitable purpose for the benefit of women and their families in Northern Ireland, particularly thc greater Lisburn area and nearby rural locations, including the advancement of education, the preservation and protection of health, and the provision of facilities for recreation and other leisure time occupation, with regard to equal opportunities for all, in the interests of social welfare and with the object of improving the conditions of life for the said beneficiaries. To establish or secure the establishment of a Centre, and to maintain and manage the same (whether alone or in co-operation with any local authority or other person or body) in furtherance of these objects. In furtherancc of the above objects but not further or otherwise, the Group has the following powers: * To develop a network system between agencies and relevant groups in the area. * To make the Centre available to all sections of the community to promote understandin& reduce fear and develop a bond between communities to work together for peace. * To provide inforniation and support as required by individuals. * To provide access to courses and the opportunity for individuals to identify what they require educationally and to have an input into the design and development of such courses. * To refer women, if necessary, to agencies offering specialised help and counselling. * To develop a comprchcnsive database, collating and diss¢minating information on relevant issues in accordance with the Data Protection Act (1988). * To promote better support structures and facilities within the local and wider community. * To address issues on Health, Community Safety and Crime Prevention in a positivc manner, by open contact with Statutory and Voluntary Agencies in the area. * To work for and with all interested Women's Groups and other disadvantaged groups in the local community and encourage women to take a more active rolc in improving their lives and that of their coinmunity. * To co-operate to such an extent as may be necessary with statutory authorities and voluntary organisations engaged in the furtherance of the above objectives or any one of them. * To raise and accept money by way of grants, donations, bequests, legacies or other lawful method in the best interest of Atlas. * To purchase, take on lease or in exchange, hire or othenvise acquire any property and any rights and privileges necessary for the attainment of the said objectives and construct, maintain and alter any buildings or edifices so neccssary as aforesaid. * To sell, let. or mortgagc or to turn to account all or any of the property or assets of the Group. * To employ and pay any pcrson or persons, not being members of the Committee, to supervise, organise and carry out the work of the Group and make all reasonable and necessary provision for the payment of remuneration to cmployees. * To do such othcr lawful things as are necessary for the attainment of the said objects.
Atlas Women's Centre Re ort of the Trustees for the Year Ended 31 March 2025 OBJICTIVES AND ACTtVfTIES Public benefit The objects of the company shall be to: Promote any charitable purpose for the benefit of women and their families in Northern Ireland, particularly the greater Lisburn area and nearby rural locations. Advancement of education, through provision of community education, support, life skills trainin& soft outcomes training and accredited training. Preservation and protection of health, through community inforniation sessions and workshops, healthy lifestyle courses, positive mentsl health education, advice and support, Provision of facilitie5 for recreation and other leisure time occupation, through community education and support. With regard to equal opportunities for all, in the interests of social welfare and with the object of improving the conditions of lifc for the said beneficiaries. Establish or secure the establishment of a centre and to maintain and managc the same (whether alone or in co-operation with any local authority or other person or body) in furtherance of these objectives. The direct benefits which flow from the purpose include: Improved education Increased confidence, improved health, reduced stress, anxiety, isolation and increased life skills Volunteering and job opportunities Achievement and personal development These benefits are demonstrated through feedback, focus groups, progression charts, surveys, discussion groups, evaluations and progression. The purpose of our charity will not lead to any harni. The Charities beneficiaries are for women and all disadvantaged families and individuals living in Lisburn and thc wider community. A private benefit flowing from this purpose is that directors gain training and skills that are transferrable. These benefits are incidental and necessary to promote and sustain this charities service provision. Volunteers Volunteers play a key role in the day to day activities of the Centre. The primary contributions are their time, combined skills, networks and knowledge of other resources. ACHIEVEMENT AND PERFORMANCE FINANCIAL REVIEW Financial position The company had net outgoing resources for the year of £81,587 (2024 net outgoing resources of £23,425), which reflected the completion of a number of projects during the year. Unrestricted funds decreased by £39,696 while restricted funds decreased by £41,891.
Atlas Women's Centre Re ort of the Trustees for the Year Ended 31 March 2025 FINANCIAL REVIEW Reserves policy The charity's policy is to retain a level of free reserves, which matches the needs of the organisation both at the current time and in the foreseeable future. The charity has developed a plan to establish and maintain this agreed level of free reserves. The charity will continue to monitor complianc¢ with this policy on a regular basis and the Board will review the appropriateness of the policy annually. FtrruRE PLANS * Source funding to secure premises, staffing levels, continuation and development of all services * Minor alterations within the centre to enhance accessibility and uscr-friendliness * Continue and develop partnership working * Further policy review and development work * Explore and develop corporate training to encourage sustainability * Continuc fundraising activities and develop a proactivc fundraising committee STRUCTURE, GOVERNANCE AIYD MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trusL and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Recruitment and appointment of new trustees Thc Charity follows an appraisal process to identify the skills required for the Trustee Board and to identify any skills gap on the Board. Members of the Trustee Board rcceive a full induction programme on joining the Trustee Board and thereafter receive ongoing training and briefing sessions. The board completes an annual evaluation of its effectiveness. Actions arising from this process are integrated into the corporate workplan. The Trustee Board uses open recruitment and strives to ensure that there is adequate local rcpresentation on the Trustee Board.
Atlas Women's Centre Re ort of the Trustees for the Year Ended 31 March 2025 STRUCTURE, GOVERNANCE AND mANAGE1T Organisational and Decision Making Structure The Board of Directors are elected at the annual general meeting and piescntly meet monthly. They monitor the prOeSS and the finances of the Centre. In consultation with staff, volunteers and users they make decisions on the development of the Centre and relevant policies and activities. Atlas Women's Centre does not operate in isolation and is involved with both larger women's organisations and local and regional groups. This allows us to access information, training and support, develop cross community links and use our collective voice to lobby for change and to feed into strategy forniation. At present we work with the following:_ * Access Nl * Acre Project * Action Mental Health AgeNI * Apcx Housing Association * Ark Housing Association * ASCERT * Awards for All * AW ARE Defeat Depression * BarnaTdos * Belfast Metropolitan College * Belfast Works Connect * Big Lottery * Bryson * Caring & Sharing GTOUP * Cedar Foundation * Celtic Kindness * CFNI cI * Choice Housing * Chrysalis Counselling * Community Addiction Team * Community Advice Nl DfC DoF * Early Years - the organisation for young children * Early Years Day-caTC Providers * Early Years Intervention Lisburn * Education Matters * Emerge * Empowering Youth * Epilepsy Support Group * Executive Office - Central Good Relations * Fibromyalgia Support Group * Finance Ireland * Groundwork Nl * Halifax Foundation * Helping Hands * Hillhall Community Association
Atlas Women's Centre Re ort of the Trustees for the Year Ended 31 March 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT * Homestart Lisburn * Hygiene Bank Moira * Informing Choices Nl * Island Arts Centre * Job & Benefits * Keeping Safe Initiative * Lagan Valley Vineyard Church * Lagan View Enterprise Centre * Lifeline * Lisburn City Centre Management * Lisburn City Church * Lisburn & Castlereagh City Council * Lisburn Enterprise Organisation * Lisburn Foodbank * Lisburn Health Centre * Lisburn Outlook * Mencap * M¢rn]aids * Mindwise * NICMA * NICVA * NIHE * pcsp * People First * Play Resource Centre * Police Servicc Northern Ireland * Probation * Profile Tree * Progressive Building Society Queens Univcrsity * Resurgam Healthy Living Centre * Resurgam Trust * ResurgaJn Youth Initiative * Resurgam Womens Network * Sainsburys * Scoil Na Fuiseogie * Simon Community * SHIP * South Eastern Regional Colleges * SEHSCT * SECCP * Spar Lambeg * Stepping Stones * St Patricks Pastoral Centre * Surestart * Tesco * Ulster Bank * Volunteer Now * Welcome Project * Wildlife Trust
Atlas Women's Centre ort of the Trustees for the Year Ended 31 March 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT wI Women's Centres in Northern Ireland including. Footprints, Shankill, Falls, First Steps, Ballybeen, Greenway and Windsor Womens Aid * Womcn's Centres Regional Partnership * Women's Support Network * WRDA * YMCA Our partnerships with other organisations serve to assist in avoiding duplication, establishing need and providing specialiscd and tailored services to meet that need, as well as influencing good practice and pcrforniing information sharing. Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Major risks include funding and sustainability, with risk of losing staff and premises. Steps taken to mitigate include the set-up and adherence to a sustainability strategy, which included lobbying government for mainstream funding and identifying potcntial business opportunities for devclopment, making projects more self-suffici¢nt and intensive fundraising. This intensive lobbying has yiclded the results we had hoped and the strategy will be revised in the coming year, STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the directors of Atlas Women's Centre for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statcments in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland 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 thc income and expenditure, of the charitable company for that period. In PTcparing those financial statements, the trustees are rcquired to select suitable accounting policies and then apply them consistently. observe the methods and principles in th¢ 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 disclosc 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 dctection of fraud and other irregularities.
Atlas Women's Centre ort of the Trustees for the Year Ended 31 March 2025 This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the board of trustees on 28 May 2025 and signed on its behalf by.. Eileen Irvine - Trustee
Inde endent Examiner's Re Atlas Women's Centre I report on the accounts of the company for the year ended 31 March 2025, which are set out on pages eleven to twenty seven. ort to the Trustees of Respective responsibilities of charity trustees and examiner As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: examine the accounts under Section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act state whether particular matters have come to my attention. Basis of the independent examiner's report I have examined your charity accounts as required under Section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act. The examination included a review of thc accounting records kcpt by th¢ Charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: That accounting records were not kept in accordance with Section 3 86 of the Companies Act 2006 That the accounts do not accord with those accounting records That the accounts do not comply with the accounting requirements of Section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Rcpublic of Ireland That there is further information needed for a proper understanding of the accounts to be reached. Independent examAner's statement Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confinn that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in Ireland which is one of the listed bodies. I have completed my examination and have no concerns in respect of the matters (l) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northcrn Ireland, I have found no matters that require drawing to your attention. Billy Dra The Institut CA f Chartered Accountants in Ireland Lynn, Drake & Co Ltd Chartcred Accountants I st Floor 34 B-D Main Street Moira
Inde endent Examiner's Re Atlas Women's Centre Co. Annagh BT67 OLE ort to the Trustees of 28 May 2025 10
Atlas Women's Centre Statement of Financial Activities Incor oratin an Income and Ex for the Year Ended 31 March 2025 enditure Account 31.3.25 Total funds 31.3.24 Total funds Unrestricted Restricted funds funds Notes INCOME AYL D ENDOWMENTS FROM Charitable activities Grants Received 278,050 278,050 268.199 Other trading activities 57,318 57,318 93,179 Total 57,318 278,050 335,368 361,378 EXPENDITURE ON Charitable activities Direct Expenses Governance 93,420 3,594 319,941 413,361 3,594 381,383 3,420 Total 97,014 319,941 416,955 384,803 NET INCOMEI(EXPENDITURE) (39,696) (41,891) (81,587) (23,425) RECONCILIATION OF FUNDS Total funds brought fonvard 302,677 259,190 561,867 585,292 TOTAL FUNDS CARRIED FORWARD 262.981 217,299 480,280 561,867 The notes forni part of these financial statements
Atlas Women's Centre Statement of Financial Position 31 March 2025 31.3.25 31.3.24 Notes FIXED ASSETS Tangible assets 313,146 394,020 CURRENT ASSETS Debtors Cash at bank 138,229 47,093 117,801 78,343 185,322 196,144 CREDITORS Amounts falling due within one year 10 (14,068) (14,068) NET CURRENT ASSETS 171,254 182,076 TOTAL ASSETS LESS CURRENT LIABILITIES 484,400 576,096 CREDITORS Amounts falling du¢ after more than one year (4,120) (14,229) NET ASSETS 480,280 561,867 FUNDS Unrestricted funds Restricted funds 15 262,981 217,299 302,677 259,190 TOTAL FUNDS 480,280 561,867 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year cnded 31 March 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companics Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 3 87 of the Companies Act 2006 and (b) preparing financial statements which give a truc and fair view of th¢ state of affairs of the charitable Company as at the end of cach financial ycar and of its surplus or deficit for each financial ycar in accordance with the requiremcnts of Sections 394 and 395 and which othenvise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes forn] part of these financial statements 12 continued...
Atlas Women's Centre Statement of Financial Position- continued 31 March 2025 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regimc. The financial statements were approved by the Board of Trustees and authorised for issue on 28 May 2025 and were signed on its behalf by: Ann Johnston - Trustee Eileen Irvine - Trustee The notes forn] part of these financial ststements 13
Atlas Women's Centre Notes to the Financial Statements for the Year Ended 31 March 2025 ACCOUNTING POLICIES Basis of preparing the financial statements Summary of significant accounting policies a) General inforniation and basis of preparation Atlas Womens Centre Ltd is constituted as a company limited by guarantee incorporated in Northern Ireland (NICIOI 158). In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per mcmber of the charity. The charity constitutes a public benefit entlty as defined by FRS 102. Thc financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities prcparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act (Northern Ireland) 2013, the Companies Act 2006 and UK Generally Accepted Practice as it applies from l January 2015. The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are present¢d in sterling which is the functional currency of the charity.. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. (b) Funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been desiatsd for other purposes. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is sct out in the not¢s to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raiscd by th¢ charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and usc of each restricted fund is set out in the notes to the financial statements. Further explanation of the nature and purpose of each fund is included in the notes to the fInancial statements. (c) Income recognition All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is Icgally entitled to the income after any perfonnanc¢ conditions have been me¢ the amount can be measured reliably and it is probablc that the income will be received. Basis of preparing the financial ststements 14 continued...
Atlas Women's Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2025 ACCOUNTING POLICIES - continued Basis of preparing the financial statements For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charlty and it is probable that they will be fulfilled.Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities (SOFA) whcn receivable. Income received from collections is recognised when received. Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is detern]ined on the basis of the value of the gift to the charity. For example the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure. No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees, Annual Report. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received. At this point income is recognised. On occasion legacies will be notified to the charity however it is not possible to measurc the amount expected to be distributed. On these occasions, the legacy is treated as a contingent asset and disclosed. Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised whcn entitlement has occurred. The charity receives government grants which are detailed within the notes to these financial statemcnts. Income from government and other grants are rccognised at fair value when the charity has entitlement after any performance conditions have been me( it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred. (d) Expenditure recognition All expenditure is accounted for on an accruals basis, inclusive of VAT which cannot be recovered and has been classified under headings that aggregate all costs related to the catsgory. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the scttlement will bc required and the amount of the obligation can be measured reliably. It is categorised under the following headings-. Costs of raising funds includes the costs associated with attracting voluntary incomes. Expenditure on Charitable activities includes those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. and Other expenditur¢ represents those items not falling into the categories above. IeCOVerable VAT is charged as an expense against the activity for which expenditure arose. 15 continued...
Atlas Women's Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2025 ACCOUNTING POLICIES - continued Basis of preparing the financial statements Basis of preparing the financial statements Grants payable to third parties are within the charitablc objectives. Where unconditional grants arc offered, this is accrued as soon as the recipient is notified of the grant, as this gives rise to a reasonable expectation that the recipient will receive the grants. Where grants are Conditional relating to perfonnance then the nt is only accrued when any unfulfilled conditions are outside of the control of the charity. (e) Support costs allocation Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs, administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources. Premises overheads have been allocated on an insert detsil basis and other overheads have been allocated on a basis consistent with the use of resources. Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating infomiation in support of the charitable activitics. (fj Tangible fixed assets Tangible fixcd assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cosL less estimated residual value, of each asset on a systematic basis ovcr its expected useful life as follows: Land & Buildings Office Equipment I 00/0 Straight Line 20 % Straight Line (g) Debtors and creditors receivable I payable within one year Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in cxpenditure. (h) Impairment Assets not measured at fair value are reviewed for any indication that the asset may bc impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash gcnerating uniL is estimated and comparcd to the canying amount. Where the carrying amount exceeds its recoverable amount, an impaimient loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairnient loss is a revaluatlon decrease. (i) Provisions Basis of preparing the financial statements 16 continued...
Atlas Women's Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2025 ACCOUNTING POLICIES - continued Basis of preparing tbe financial statements Provisions are recognised when the charity has an obligation at the balancc sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated. (i) Leases Assets acquired under finance leases are capitalised and depreciated over the shorter of thc lease terni and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors. Rentals payable and receivable under operating leases are charged to the SOFA on a straight line basis over the period of the lease. (k) Employee benefits When employees have rendered service to the charity, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expccted to be paid in exchange for that service. (l) Tax No provision is required for taxation as th¢ company is defined as a charity for taxation purposes. (m) Going concern The financial statements hav¢ been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. (n) Judgements estimates The following judgements including those involving estimates that havc been made in the process of applying the above accounting policies that have had the most significant effect on the amounts recognised in the financial statements and that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.. (i) principal assumptions used to mcasure multi-employer defined benefit pension schemes, liabilities, scnsitivities to changes in assumptions and future funding obligations The estimates and assumptions are reviewed on an ongoing basis considering the current and future maTkct conditions. (o) Pension costs and other post-retirement benefits 17 continued...
AtIas Women's Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2025 ACCOUNTING POLICIES - continued Basis of preparing the financial statements The charitable company operates a defined conlribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Tangible fixed assets Depreciation is providcd at the following annual rates in order to write off cach asset over its estimated useful life. Fixtures and fittings 200/0 Straight Line Related party exemption The charitsble company has tsken advantage of exemption, under the terms of Financial Rcporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ircland,, not to disclose related paty transactions with wholly owned subsidiaries within the group. Taxation The company is a registered charity and so such is entitled to certain tax exemptions on income and profits from investments and surpluses on any trading activities carried on in furtherance of the charity's primary objectives, if these profits and surpluses are applied solely for charitable purposes. Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. OTHER TRADING ACTIVITIES 31.3.25 31.3.24 Enrolment Fees Bank Interest Received Cafe Sales Room Hire Fundraising and Donations Sundry Incorne The Mayors Charity 26,798 306 10,992 7,713 11,078 431 26,342 288 16.933 3,830 9,454 951 35,381 57,318 93,179 18 continued...
Atlas Women's Centre Notes to the Financial Statements - continued for the Year Ended 31 Mareh 2025 INCOME FROM CHARITABLE ACTIVITIES 31.3.25 31.3.24 Activity Grants Received Grants 278,050 268,199 Grants received, included in the above, are as follows.. 31.3.25 31.3.24 LCCC Good Relations Department for Communities - WCCF National Lottery - Awards for All Lisburn & Castlereagh City Council Harship Fund Clear Supported by Public Health Authority (PHA) LCCC Community Support South Eastern Health & Social Services Trust LCCC PCSP Department for Communities - CIF SE Childcare Partnership Early Years-Pathway Fund LCCC-Festival Grant Groundworks Tesco WRDA MAS Projcct Neighbourly LCCC DIY Choice Housing Ark Housing National Lottery - Dorn]at Accounts Fund Dfc - Cost of Living LCCC - Kings Coronation LCCC - Making Art in the Community WRDA Women Breaking Barriers Dept of Foreign Affairs - Reconciliation Fund LCCC - D Day WRDA Pilgrims Trust Apcx Housing Association LCCC- PCSP EVAWG 1,580 53,529 19,980 1,534 50,130 10,000 2,000 4,970 4,730 18,249 5,000 64,288 1,208 28,386 3,525 5,170 20,032 5,000 68,895 3,000 30,386 2,625 1,000 9,996 1,300 23,244 1,365 3,603 2,325 38,400 1,500 500 930 18,150 1,500 20,104 8,555 500 1,760 2,300 5,000 278,050 268,199 19 continued...
Atlas Women's Centre Notes to the Financial Statements - eontlnued for the Year Ended 31 March 2025 SUPPORT COSTS Governance costs Finance Totals Direct Expenses Govcrnance 1,154 1,154 3,594 3,594 1,154 3,594 4,748 NET INCOMEI(EXPEI¥DITURE) Net income/(expenditure) is stated after charging/(crediting): 31.3.25 31.3.24 Accountancy Fee Depreciation - owned assets 3,594 80,874 3,540 80,874 TRUSTEES, REMUNERATION AND BENEFITS There were no trustecs, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. STAFF COSTS 31.3.25 31.3.24 Wages and salaries Social security costs Other pension costs 179,390 8,869 8,379 150,195 6,381 8,379 196,638 164,955 The average monthly number of cmploye¢s during the year was as follows: 31.3.25 31.3.24 Management & Administrative No employees received emoluments in excess of £60,000. 20 continucd...
Atlas Women's Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2025 TANGIBLE FIXED ASSETS Fixtures and fittings Frcehold propety Totals COST At l April 2024 and 31 March 2025 808,724 42,792 851,516 DEPRECIATION At l April 2024 Charge for year 414,704 80,874 42,792 457,496 80,874 At 31 March 2025 495,578 42,792 538,370 NET BOOK VALUE At 31 March 2025 313,146 313,146 At 31 March 2024 394,020 394,020 DEBTORS: AMOUNTS FALLING DUE WITHtN ONE YEAR 31.3.25 31.3.24 SEHSCT DfC- WCCF Dfc - CIF PHA Clear Dfc - Cost of Living WRDA Apex Housing LCCC Salta Services INI) Limited 5,188 1,912 742 705 1,500 8,928 2,300 10,000 106,954 4,656 2,712 1,136 994 1,116 233 106,954 138,229 117,801 21 continued...
Atlas Women's Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2025 10. CREDITORS: AMOUNTS FALLING DUE WITHtN ONE YEAR li 31.3.25 31.3.24 Bank loans and overdrafts (see note 12) Accruals and deferred income 10,648 3,420 10,648 3,420 14,068 14,068 11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 31.3.25 31.3.24 Bank loans (see note 12) 4,120 14,229 12. LOANS An analysis of the maturity of loans is given below.. 31.3.25 31.3.24 Amounts falling due within one year on demand: Bank loans 10,648 10,648 Amounts falling between one and two years: Bank loans - 1-2 years 4,120 14,229 13. SECURED DEBTS The following sccured debts are included within creditors: 31.3.25 31.3.24 Bank loans 14,768 24,877 Two Company charges were created during the year ending 31 March 2018. A, Created on 16 October 2017 between Ulster Bank and Atlas Womens Centre on Mortgage over property at 9 Bachelors Walk. Lisburn. The chargor acting as a bare trustee for the property B. Created on 29 November 2017 between Community Foundation for Northern Ireland and Atlas Womens Centre regarding a registration to extend a Mortgage charge on 7 Bachelors Walk, Lisburn. 22 continued...
Atlas WomeD'S Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2025 14. ANALYSIS OF NET ASSETS BETWEEN FUNDS 31.3.25 Total funds 31.3.24 Total funds Unrestricted Restricted funds funds Flxed assets Current assets Current liabilities Long term liabilities 136,759 158,529 (19,558) (12,749) 176,387 26,793 5,490 8,629 313,146 185,322 (14,068) (4,120) 394,020 196,144 (14,068) (14,229) 262,981 217,299 480,280 561,867 15. MOVEMENT IN FUNDS Net movement in funds At 3113125 At 114124 Unrestricted funds General fund 302,677 (39,696) 262,981 Restricted funds Groundwork Nl (Capital) National Lottery - Awards for All Big Lottery Space and Place (Capital) Garfield Weston (Capital) WRDA MAS Project LCCC Urban Investment (Capital) LCCC Community Facilities (Capital) LCCC DIY National Lottery - Dorniat Accounts Fund 35,000 (5,000) 19,540 (39,423) (2,500) (259) (1,500) ( 1,000) 1,365 30,000 19,540 121,380 15,000 8,928 9,000 6,000 1,365 160,803 17,500 9,187 10,500 7,000 19,200 (13,114) 6,086 259,190 (41,891) 217,299 TOTAL FUNDS 561,867 (81,587) 480,280 23 continued...
Atlas Women's Centre Noles to the Financial Statements- continued for the Year Ended 31 March 2025 15. MOVEMENT IN FUNDS - continued Net movement in funds, included in the above are as follows.. Incoming rcsources Resources expended Movement in funds Unrestricted funds General fund 57,318 (97,014) (39,696) Restricted funds Department for Communities-CIF Dfc WCCF Groundwork NI (Capital) National Lottery - Awards for All CLEAR supported by Public Health Authority (PHA) Good Relations Grant South Eastern Health Social CareTrust LCCC Community Support Big Lottery Space and Place (Capital) LCCC PCSP Childcare Partnership Garfield Weston (Capital) Early Years - Pathway Fund Lisburn & Castlercagh City Council-Festival Grant WRDA MAS Project LCCC Urban Investment (Capital) LCCC Community Facilities (Capital) LCCC DIY National Lottery - Donnat Accounts Fuiid Dfc - Cost of Living WRDA Women Breaking Barriers Dept of Foreign Affairs - Reconciliation Fund LCCC- D Day WRDA Pilgrims Trust LCCC PCSP EVAWG Apex Housing Association 68,895 53,529 (68,895) (53,529) (5,000) (440) (5,000) 19,540 19,980 3,525 1,580 20,032 5,170 (3,525) (1,580) (20,032) (5,170) {39,423) (5,000) (3,000) (2,500) (30,386) (39,423) 5,000 3,000 (2,500) 30,386 2,625 23,244 (2,625) (23,503) (1,500) ( 1,000) (259) (1,500) (1,000) 1,365 1,365 (13,114) (1,500) (20,104) (13,114) 1,500 20,104 8,555 500 1,760 5,000 2,300 (8,555) (500) (1,760) (5,000) (2,300) 278,050 (319,941) (41,891) TOTAL FUNDS 335,368 (416,955) (81,587) 24 continued..
Atlas Women's Centre Notes to the Financial Statements- continued for the Year Ended 31 March 2025 15. MOVEMENT IN FUNDS - continued Comparatives for movement in funds Net movement in funds At 3113124 At 114/23 Unrestricted funds General fund 297,782 4,895 302,677 Restricted funds Department for Communities-CIF Groundwork NI (Capital) Lisburn & Castlereagh City Council Hardship Fund Big Lottery Space and Place (Capital) Garficld Weston (Capital) WRDA MAS Project LCCC Urban Investment (Capital) LCCC Community Facilities (Capital) Neighbourly National Lottery - Dorn)at Accounts Fund 1,205 40,000 (1,205) (5,000) 35,000 1,404 200,226 20,000 3,375 12,000 8,000 1,300 (1,404) (39,423) (2,500) 5,812 (1,500) ( 1,000) {1,300) 160,803 17,500 9,187 10,500 7,000 19,200 19,200 287,510 (28,320) 259,190 TOTAL FUNDS 585,292 (23,425) 561,867 25 continued...
Atlas Women's Centre Notes to the Financial Statements- continued for the Year Ended 31 March 2025 15. MOVEMEIYT IN FUNDS - continued Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 93,179 (88,284) 4,895 Restricted funds Department for Communities-CIF Dfc WCCF Groundwork NI (Capital) SEHSCT National Lottery - Awards for All CLEAR supported by Public Health Authority (PHA) Lisburn & Castlereagh City Council Hardship Fund Good Rclations Grant LCCC Community Support Big Lottery Spacc and Place (Capital) LCCC PCSP Childcare Partnership Garfield Weston (Capital) Early Years - Pathway Fund Groundworks Tesco WRDA MAS Project LCCC Urban Investment (Capital) LCCC Community Facilities (Capitsl) Neighbourly Choice Housing Ark Housing National Lottery - Dorniat Accounts Fund Dfc - Cost of Living LCCC - Kings Coronation LCCC - Making Art in the Community WRDA Wotnen Breaking Barriers 64,288 50,130 (65,493) (50,130) (5,000) (18,249) (10,000) (1,205) (5,000) 18,249 10,000 4,970 (4,970) 2,000 1,534 4,730 (3,404) (1,534) (4,730) (39,423) (5,000) (1,208) (2,500) (28,386) ( 1,000) (4,184) (1,500) (1,000) (2,600) (3,603) (2,325) (1,404) (39,423) 5,000 1,208 (2,500) 28,386 1,000 9,996 5,812 (1,500) ( 1,000) (1,300) 1,300 3,603 2,325 38,400 1,500 500 930 18,150 (19,200) (1,500) (500) (930) (18,150) 19,200 268,199 (296,519) (28,320) TOTAL FUNDS 361,378 (384,803) (23,425) 26 continued...
Atlas Women's Centre Notes to the Financial Statements - continued for the Year Ended 31 March 2025 16. RELATED PARTY DISCLOSIIRES Salta Services (NI) Limited is a related party. Atlas Women's Centre paid a total of £34,200 to Salta Services (Nl) Limited for rent during the year ended 31 March 2025. At the year ended 31 March 2025 Saltas Services (Tr41) Limited owed Atlas Women's Centre £106.954. Salta Services (NI) Limited is a social enterprise. 17. LIMITED BY GUARANTEE The company is limited by guarantee and has no sharc capital 27
Atlas Women's Centre Detailed Statement of Financial Activities for the Year Ended 31 March 2025 31.3.25 31.3.24 INCOME AND ENDOWMENTS Other trading activities Enrolment Fees Bank Interest Received Cafe Sales Room Hire Fundraising and Donations Sundry Income The Mayors Charity 26,798 306 10,992 7,713 11,078 431 26,342 288 16,933 3,830 9,454 951 35,381 57,318 93,179 Charitable activities Grants 278,050 268,199 Total incoming resources 335,368 361,378 EXPENDITURE Charitable activities Salaries and NIC Social security Pensions Water rates Insurance Light and heat Telephone Postage Staff and Volunteer Travcl Facilitator Fees and Programme Materials Affiliation and Membership fee Rent and Room Hire Hospitality and Meetings costs IT Maintenance Staff Uniforms Staff Training Food Purchases Donations Resources and Equipment Repairs and Maint¢nance Programme Costs Carried fOard 179,390 8,869 8,379 1,053 2,774 6,318 610 1,279 1,057 33,723 14,699 34,200 1,308 9.703 145 3,437 4,686 668 1,077 15,590 1,829 330,794 150,195 6,381 8,379 962 2,993 5,337 5,634 1,094 770 28,812 17,682 28,000 443 243 134 5,912 3,087 24,803 7,037 297,898 This pag¢ does not forn] part of the statutory financial statements 28
Atlas Women's Centre Detailed Statement of Financial Activities ror the Year Ended 31 March 2025 31.3.25 31.3.24 Charitable activities Brought fonvard Depn of improvements to property Bank loan interest 330,794 80,874 539 297,898 80,874 1,464 412,207 380,236 Support costs Finance Bank charges 1,154 1,027 Governance costs Accountancy Fee 3,594 3,540 Totsl resources exp¢nded 416,955 384,803 Net expenditure (81,587) (23,425) This page does not forni part of the statutory financial statements 29