FALLS WOMENS CENTRE/ IONAD MNA BHFAL LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
( A COMPANY LIMITED BY GUARANTEI E AND NOT HAVING A SHARE CAPITAL)
COMPANY REGISTRATION NUMBER N1041776
CHARITY REGISTRATION NUMBER NIC 101216
O'HARA SHEARER
CHARTERED ACCOUNTANTS AND STATUTORY AUDITORS
547 FALLS ROAD
BELFAST
BTII 9AB

FALLS WOlVtENS CENTRE/ IONAD MNA BHFAL LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
CONTENTS
Page
Members and Professional Advisors
Trustees Annual Report
(including the Statement of Directors Responsibilities
in respect of financial statements)
Repoit of tlie Indepcndent Auditors to the Mernbers,
8-10
Accounting Policies
11-13
Statement of Financial Activities (incorporating the income and expenditure accoun
14
Balance Sheet
Slatem¢nt of Cash Flows
16
Note5 to th¢ Financial Statements
17-23
Detailed Income and Expenditur¢ Account
24

FALLS WOMENS CENTREI IONAD MNA BHFAL LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
OFFICERS AND OTHER INFORMATION
Directors
Rosaleen Ja¢kson (Chairperson)
Janice Austin
Mary M¢Ardle (Vice-chairperson)
Jackie Bunting
Rosaleen Mccorley (Treasurer)
Carol Jackson
Alish Scott
Centre Management
Susan Mccrory (Centre Manager)
Catlierine O'Rawe (Finance Manager)
Secretary
Carol Jackson
Registered Offjce
Falls Womens Centre
256-258 Falls Road
Belfast
BT12 6AL
Auditors
O'Hara Sliearer
Chartered Accoiinlants
& Stalutoiy Auditors
547 Falls Road
Belfast, BTI19AB
Bankers
Bank of li'eland
202 Andersonstown Road
Belfast, BTI19EB
Company Registration Number
N1041776
Churity Reglstratlon Number
XR41398
Charity Commission for North¢rn Ireland Reglstratlon Number
NIC 101216
Page I

FALLS WOMENS CENTREI IONAD MNA BHFAL LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
STATEMENT OF DIRECTORS RESPONSIBILITIES
The directors are responsible for preparing the Directors, Report and the financial statements in
accordance with applicable law and regiilations.
Coinpany Law r¢quii'¢s the directors to prepare financial statements for ¢ach financial year.
The Trllstees, wlio air also dire¢tor5 for the piirposes of company law, present their report and the
financial statements of the charity for the year ended 31 sl March 2023. The Trustees confirm that they
comply with the requirements of the Charities Act (Northern Ireland) 2008 and Accounting and Reporting
by Charities.. Statement of Recoinrncnded Practice which applies to charities pi'eparing their accoiints in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ir¢land
(FRS 102) (effective l Janiiary 2015).
Under company law the directors must not approve tlie financial statements unless they are satisfied
that tliey give a true and fair view of the state of affairs of the company and of the surplus or deficit of
the company for that period. In preparing thos¢ financial statements, the directors ar¢ required to:
select suitable accounting policies and then apply them consistently.
make judgeinents and estimates that ar¢ reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to
presuine that the company will continLie in biisiness.
The directors are responsible for keeping adeqLiale accounting records that are siifficient to show
and explain the coimpany's transactions and disclose with reasonable acciiracy at any tim¢ th¢ financial
position of tlie company and enable thein to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence
ror taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the directors are aware..
there is no relevant audit information of which the company's auditor is unaware. and
th¢ directors have talcen all steps that they ought to have taken to make themselves awar¢
of any relevant audit inforniation and to establish that the auditor is aware of that information.
By order of the board:
ROSALEEN JACKSON
DIRECTOR
ROSALEEN MCCORLEY
DIRECTOR
DATE
l4th December 2023
DATE
14th Decetnber 2023
Pag¢ 7

FALLS WOMENS CENTREI IONAD MNA BHFAL LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
REPORT OF THE INDEPENDENT AUDI
R TO THE MEMBER
Opinion
We have audited the financial statements of Fa115 Womens Centrellonad Mna Bhfal LTD (the'charity,) for th¢ year ended 31
March 2023 which comprise the Sialemenl of Financial Activities, the Balan¢e Sheel. the Statement of Cash Flows and the
notes lo the financial statements, including a summary of significant accounting policies. The financial ￿POrting framework
that has been applied in their preparation is applicable law and United Kingdom Accounting Siandards, including Financial
Reporting Standai'd 102 ThefinanciL71 Reporting Standard applicable in ihe UK Republic ofli'eland (United Kingdom
Generally Accepted Accounting Practice).
In our opinion, the financial statements..
give a true and fail. view of the state of the charitable company's affaii's as al 31 Mai'¢h 2023 and of its in￿ming
resour¢e5 and application of resources, including its income and expenditure for the year then ended.
have been properly prepared in ac¢ordan¢e with the Financial Repoiting Standard applicable in the UK and
Republic of Ireland (FRS 102) (effective l Janauary 2015) - (Charities SORF (FRS102)), the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102).
have been prepared in accordance with the requirements of the Companies Act 2006,
Bosls for oplnion
We condueled oui. audil in &ccordun¢e with International Siandards on Auditing (UK) (ISAS (UK)) and applicable law. Our
I'esponsibililies undei. those standards are fuither described in Ihe Auditor's responsibilities for the audit of the accounts
section of our report. We are independent of the charity in accordance with the ethical requirements that are rclevant to our
audit of the &ecounls in the UK, including Ilie FRC'S Ethical Standard, and we have fulfilled our othei. ethical responsibilities
in accordance with these requirements. We believe thal the audit evidence we have obtained is sufficient and appropriate lo
provide a basis for our opinion.
Conclusions relntlng to golng concern
We have nothing lo report in respect of the following matters in relation lo which the ISAS (UK) require us to report to you
where..
the Ii'ustees, use of the goin8 ¢oncern basis of accounting in the preparation of the financial statements is not
appropriate. or
the li'ustees have not disclosed in the financial statements any identified material uncertainties that may cast
significant doubt about the charity's ability lo continue to adopt the going concern basis of accounting for a period
of at least twelve month5 from the dale when the financial statements are authorised for issue.
Other information
The other information comprises the information included in the annual report, other than ihe financial statements and our
auditor's report thei'eon. The trustees are responsible for the other information. Our opinion on the fin&nci&l statement5 does
not cover tlie othei. inforimation and, except to the extent otherwise explicitly stated in our repoi't, we do not express any form
of assurance conclusion Ihereon.
In connection with our audit of the financial slalements, our responsibility is to read the other infonnation and, in doing so,
consider whether the other infonnalion is materially inconsistent with the financial statements or our kmowledge obtained in
the audit or oiherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material
misslalements, we are required to determine whether there is a material misstateTnent in the financial statements or a material
11115slatement of the other information. If, based on the work we have performed, we conclude that there is a material
misslalement of this other infonnation, we are requii'ed to report that fact.
We have nothing to report in this regard.
Page 8

FALtS WOMENS CENTREI IONAD MNA BHFAL LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS,
Matters on which we are requlred to report by exception
In the light of the knowledge and understanding of the Trustees and lis enviromnent obtained in the course of the audit. we
have not identified material Inisstatements in the Trnstees, Report.
We hav¢ nothing lo report in respect of the following matters in relation to which the Companies Act 2006 requires us to
report to you if, in OLII. opinion..
sufficient accounting records have not been kept. or
the financial statements are not in agreement with the accounting records. or
certain disclosure5 of trustees, reinuneration specified by law are not I￿ade,. or
we have not Teceiv¢d all th¢ infonnation and explanations we require foi. our audit.
Responsibilities of trustees
As explained Inore ￿]lY in the Sialeinent of Trustees, Re$pon$ibilities, tlie trustees, who are also th¢ directors of the charity
for tlie purpose of coinpany law, are responsible for the prepai'ation of the financial stateinenls and for being satisfied that
they give a true and fair view, and for such intemal control as the director5 delerniine is necessary to enable the preparation
of financial statements that are free from material misstatement. whether due lo fraud or error.
In preparing the financial Statements, the trustees are responsible for assessing th¢ charity's ability lo continu¢ as a going
concern, disclosing, as appli¢able, matters related 10 going concern and using Il)e going concern basis of accounting unless
the trustees either intend to liquidate th¢ coinpany or to cease operations, or have no realistic alternative bul lo do so.
Audltor's responsibilities for the audit of the financial stntements
Our objectives are lo obtain reasonable a5suran¢e aboul whether the financial staiements as a whole are free fiom material
Inisstatemenl, whether due to fi'aud or error, and lo issue an auditoes report that includ¢s our opinion. Reasonable assurance
is a high level of assurance, bul is not g gLiaranl¢e that an audit conducted in accordance with ISAS (UIC) will always detect a
material misstatement when it exists. Misstatements can arise from fraud or error and al'e ¢onsidered material if, individually
or in the aggregate, they could reasonably be ¢Kp¢Gl¢d lo influence the econoinic decisions of users taken on the basis of
these financial slaleinenls.
Irregularities. including fraud, are instsnces of non-coinpliance with laws and regulations. We design procedures in line with
our responsibilities, outlined above, to delect Inalerial misstaleinenls in ￿Spect of irregularities, including fraud. The extent
to which our procedures are capable of detecting irregularities, including fraud, is detailed below.
Explanation to what extent the audit was consldered capable of detecting Irregularltles, Including fraud
The objectives of our audit in ￿Spect of fraud, are to identify and assess the risks of mal¢rial misstatement of the financial
statements due lo fi'aud. lo obtain sufficient appropriate audit evidence regarding the asses5¢d risks of material mis51ateinenl
due lo fraud, through designing and implementing appropriate responses io those asse55¢d risk5,' and lo respond
appropriately to instances of fraud or suspected fraud id¢ntified during the audit. However, the primary responsibility for the
prevention and detection of fraud rest5 Wlth both management and those charged with governance of the Charity.
Our approach was as follows:
We obtained an understanding of Ih¢1¢8al and regulatory requirement5 applicable to the charity and considered
that the most signifi¢anl are the Companies Act 2006 and the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102) (effective l Janaury 2015) - (Charities SOIiP (FRS 102).
Enquiry of manag¢ment, those Charged with gov¢mance and the entity's 501icitor5 around acthal and potential
litigation and claims.
Enquiry of entity staff in compliance functions lo identify any instances of any non-¢ompliance with laws and
regulations.
Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with
applicable laws and regulation8.
Page 9

FALLS WOMENS CENTREI IONAD IWINA BHFAL LTD
FINANCIAL sTATE￿IENTs
VOR THE YEAR ENDED 31
TMAR
H202
REPORT OFTHE INDEPENDENT A
DI
R TOTHE ￿lEMBERs.
Auditing the risk of management overi'ide of controls, in¢luding through testing jouimal entries and oih¢i'
ELdjustments for appiY>priatene$s. and evaluaiing the business rutionale of yisnifi¢unt ITansa¢tions outsid¢ ihe
nomi￿1 course of business.
As part of an audit in accordance with ISAS (UK) we exercise professional judgement ond maintain professional 5cepticisrn
throu8hout th¢ audit. We a150'.
Ideniify and asse53 the risks of material mi5Stateinent of the financial Stat￿nentS, whethei. due to IIBud or enDI',
d¢si8n und perfoi'm audit pro¢edur¢s responsive to those risk5, and obtain audit evidence that IS Sufficient and
appmpriatc to provid¢ a basis foi. our opinion. The risk of not detecting a rnatei'ial misstatement resulting from
fraud is higher Ihaii for on¢ r£sulting from errol., as fraud may involve collusion, forgery, intentional omi33ions,
misrepi'es¢nlation5, or th¢ ov¢n'id¢ of internal contiDI.
Obtain an understandin8 of intemAI ¢ontrol relevant lo the audit in order to design audit piD¢¢dures tha¢ are
appi'opriat¢ in th¢ ¢ir¢umslone¢s, bui noi for ¢he pu￿0$¢5 of expir$sing un opinion on the ¢ffe¢liv¢n¢ss of the
company's internal eontiDI.
Evaluate th¢ appi'opriutcn¢ss of a¢¢ounting policies used and Ihe reasonablenes5 of accounting ¢stimate5 and
related disrlosuit3 mad¢ by th¢ director5.
Conclude on the fLpproprioteness of the direetors, use of the goin8 ¢oncem b&si$ of aceounting and. bosed on the
audit evidence obtained, whether a motei'ial uncertainty exists related to events or conditions that may c&81
Significant doubt on the charity's ability to continue as a goin8 concei'n. If we conclude Ihot a material unLeilainty
exists, we ￿'t required lo draiv attention in our auditor'8 rep)11 lo the related disclosures in the linoneial slotemenl8
I., if such disclosures are in&dequale, to modify oui. opinion. Oui. eonclusions are based on the audii evidence
obtained up to OUT auditorfs repoil. However, future events or condilions mrLy cause the charity to cease to continue
a$ & going con¢ei'n.
Evoluate the overall pres¢ntation, Sli'ucture and content of the financial statements, including the di5¢105UI'¢3, and
whethei. th¢ finon¢ial slai¢m¢nls r¢pre$ent the underlying ITunsllCtion5 and ¢v¢nt5 in a manner Ihat achi¢ve$ fair
pirsentalion,
A fuiiher desci'iption ot'our responsibilities for Ihe audit of¢he financial 5tat¢Tn¢Dts 1$ located on the Financial Rep¢iting
Counbil's websitr al: httpJlwww.fir.oi'g.ukl&uditoi'sresponsibiliti¢$. This description foiTns pail of our 8udito¢$ rcport.
We communicate with those chai'ged with 8ovemance regarding, among othei. matters, Ihe planned SLope and liming of th¢
audit and si8niticaiit tindin8s, including any signiticant deficiencies in inlemal control thai we identify during oui. audit.
Use of our r¢porl
This r¥poil IS tnad¢ sol¢ly lo th¢ ¢h8riiable ¢ompangs m¢fflbern. ￿ a body, in &¢wrdan¢¢ with ChapleT 3 of Pai1 16 of the
Componies Acl 2n06 i'Egulations rnade und¢i' that Ac¢. Our audit work has been undertaken so Ih¥LI wc mi8hi 5tal¢ 10 the
choritable company's members those rnatters we are required to State to theTn in an auditors, report and for no other PUTPOSe.
To the fullest extent pei'mitted by law, we do not accept or Èssume responsibility to anyone other thon the choi'itable compony
And it
members as EL bod
or our audit work, for this Irport, or foi. the opinions we have fomied.
LAWRENCE SHEARER F.C.A., Senior Statutory Auditor
FOR AND ON BEHALF OF O'HARA SHEARER,Stotutory Auditor
O'HARA SHEARER
CHARTERED ACCOUNTANTS
AND STATUTOR Y AUDITORS
547 Falls Road
Belfast
BTII 9AB
DAted:
14th Decembei. 2023
Page 10

FALLS WOMKNS CENTRE/ IONAD MNA BHFAL LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH2023
STATEMENT OF ACCOUNTING POLICIES
Accounting Convention and Basls of Accounting
The financial statem¢nts have been prepared Linder the historical cost convention.
The financial statements have been prepared in accordance with Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to chariti¢s preparing their accounts in accordance with
the Financial Reporting Standard which applies in the UK and Republic of Ireland (FRS 102)
(effective l January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable
in the UK and R¢public of Ireland (FRS 102) and the Companies Act 2006.
Going Concern
At the time of approving the financial statements, the trustees, have a reasonable expectation that the charity
has adequate resources to continue in operational existence for the foreseeable fiiture. Thus the trustees,
continue to adopt the going concern basis of accounting in preparing the financial statem¢nts,
Income Recognition
Income is recognised when the Charity has entitlement to the funds, any performance conditions attached
to the ilem(s) of income have been met, it is probable that the income will b¢ received and tlie amount
can be measured r¢liably.
Interest Receivable
Interest on t.unds held is incliided when receivable and the amount can be measur¢d reliably; this is
normally upon notification of the interest paid or payable by the Bank.
Resources Expended
All expenditure is accounted for on an accruals basis and is classified under headings that aggregate all
05ts related to the category.
FLindraising costs include the costs of advertising, producing piiblications, printing and mailing fundraising
material, and staff costs in these areas,
Costs of charitable activities includ¢ direct expenditure incurred through operational activities.
Governance costs repr¢sent th¢ costs associated with the governance arrangements of the cliarity which
relate to the general running of the charity as opposed to those costs associated with fundraising or
charitable activity.
Fixed Assets
All tangible fixed assets are recorded at cost.
Pag¢ 11

FALLS WOMENS CENTRE/ IONAD MNA BHFAL LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
STATEMENT OF ACCOUNTING POLICIES
Continued
Depreciation
Depreciation is calculated to wi'ite off the cost of fixed assets over their estimated Liseful lives
at the following rates..
Play area
Office equipment, fixtures and fittings
Computer equipment
25 % residual vallte
25 % residual value
25 % residiial value
Repairs and Renewals
All repaii's and renewals are written off as incurred
Pension Costs
The charity does currently operate a defined conribution pension scheine.
Debtors and Prepayments
Trade debtors and other debtors are recognised at the settlement amoiint due after any discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Creditors and Provislong
Creditors and provisions are recognised where the charity has a present obligation resulting from a past
event that will probably rcsiilt in the transfer of funds to a third paity and the amount dLl¢ to settle the
obligation can be measured or estimated reliably, Creditors and provisions are normally I'ecogniscd at
their settlement amount after allowing for any trade discounts diie.
Flnancial Instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instrLiments. Basic financial instruments are initially r¢cognised at transaction value and subsequently
measured at their settlement value with tlie exception of bank loans which are Subsequently measured at
amortised cost using the ¢ff¢ctive interest method,
Foreign Currencies
Monetary assets and liabilities in foi'eign ciirr¢nci¢s al'e translated into sterling at the rates of exchange
ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at tlie rate
of exchange rLiling at the date of the transaction. Exchange diffei'ences al'e taken into account in arriving
at the net movement in funds.
Page 12

FALLS WOMENS CENTREI IONAD MNA BHFAL LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
STATEMENT OF ACCOUNTING POLICIES
Conllnued
Fund Accoulltlng
Unrestricted funds are general funds that a￿ available for use at the Truslees, discretion in furtherance of
the charitable objectives of the charity unless the funds have been designated for other purposes.
Designated funds are unrestricted funds set aside by tlie trustees out of unrestricted funds for specific
future purposes.
Restricted fLinds are Ih05e given for use in a paiticular area or for specifi¢ piirposes. tlie use of whicli is
restricted to that area or purpose.
Endownmenl funds are subject to specific conditions by donor5 that the capital must be maintained by the charity.
The income received from flinders depends on the charity meeting detailed ¢rileria on expense5 plans.
Granis siven Linder such coiiditions are also given siibject to them being obtained for in connection with the furtherance of the
charity'5 aims and objectives.
Sii¢l) income can be repayable to the funder if Slich expenses plans and criteria are not mel.
Siich income is only deferred when the donor spe¢ifies that the grantldonation musl only be used in future accountiiig periods.
or the doiior has imposed conditions which must be Inet before the charity has unconditional entitlement.
Income from charitable activities includes incoine received under contract or ivhere entitlement to graiil fiinding is subject
to Specific perfomiance condition5 is recognised as earned as the related goods/servi¢e5 are provided.
Grant income iiicluded in Ihis Category provides fiinding to 5llPPOrt performance activities and is recognised wliere
there is entitlemen( certainty of receipt and the amoLint can be measured wilh sufficient reliability.
In¢oine is deferred when: feeslperfoi'maiice related grants are received in advance of the performancelevenl lo
which they relate.
Reserves Polley
Unrestricted funds are needed lo provide funds which can be applied to specific projects to enable
these projects to be undertaken at short notice and to cover the running costs of the Charity for a limited
period, should there be a significant shortfall in projected income.
The Director5 consider it prudent tliat unrestricted reserves sl)ould be suffi¢ieiit to avoid the necessity of
realising fixed assets held for tlie Cliarity's use and to cover three month5 of gross average annual unreslricled expenditure.
Page 13

AL
IEN
ENTREI IONA
F FINANCIAL A
TIVITIES
OR THE
BH
S]'ATEP¥lENT
Ineo
lh¢ Intomt tx
nt
DED
I¥IARCTrI 2023
Uni'¢5tricted Re51J'loted EndowDm¢nt
Funds
TOTAL
2023
TOTAL
2022
NOTES
INCOfvIE AND ENDOWNI¥IENTS FRof*l:
Donaiions and legacies
Incotne frtstll iTLvestmenis
Inconie from cliarilable activities
Incoinc from other tr8din8 aeiiviti¢s
224
329
136,609
136.833
329
389,965
212 158
43,624
67
419,643
93.342
389.965
115,942
96,216
TOTAL INCOlwlE AND ETr4DowN￿lEl NTS
96,769
642J16
739,285
556,676
EXPENDITURE ON,,
Exp¢nditure on rni5ing funds
Expenditure on charilable activitiey
Oilier cxpendilure
Nel 8oinslllossesl on inve5tin¢*
51,484
657,671
709,155
613,272
TOTAL RESOURCES IIYPENDCID
51,484
657,671
709,155
613.272
NET INCOfvIEIIE.XPENDITUREI
45,285
IIS,1551
30.130
156 J961
Tr&nsf¢TS betiveen flind$
NET ￿[OVE￿IENT IN fiUh'DS
45,285
115,155
30,130
156,5961
RECONCILIATION OF FIINDS
TOTAL FVNDS BROIIGHT FORIVARD
511.745
51.901
563,646
620,242
TOTAL FUNDS CARRIED fi0111vARD
557.030
36.746
593,776
563,646
Tlie Stotement of Flnnn¢lttl Actlvltlei In¢ludti Rll g4lns ond lojjcy In tlit yeAr and Ihti'efort
StMttm¢nt of Totiil RcLognls¢(l Galns nn(l Losses hni ntsl betn prtp41.ed
All of tlie knbovo amollnts relLte to ttsntln¥lrtg Actlvltlts
Th¢ U¢¢Oml>Anyln8 o¢¢othAdrti pnll¢lei 4rtd th¢ ThDt¢¥ fprm pILrt Trtlhe$o nn*n¢lJl siai¢m¢thts
PA8e 14

FALLS WOMENS CENTREI IONAD MNA BHFAL LTD
BALANCE SHEET
AS AT 31ST MARCH 2023
2023
2022
NOTES
FIXED ASSETS
Tangible assets
436,338
436,5l6
CURRENT ASSETS
Debtors and prepayinents
Cash at bank
Cash in hand
71,755
240.449
68,135
210,042
10
312.204
278,177
Creditors: amounts fAlling due within one year
12
(154,766) (l 51,047)
NET CURRENT ASSETSI(LIABILITIES)
157,438
127,130
TOTAL ASSETS LESS CURRENT ASSETSI( LIABILITIES )
593,776
563,646
Creditors: 4mounts falling due after more than one year
NET ASSETSI(LIABILITIES)
593,776
563,646
FUNDS:
ENDOWNMENT FUNDS
UNRESTRICTED INCOME FUNDS
13115116
557,030
511,745
RESTRICTED INCOME FUNDS
13115117
36,746
51,901
593,776
563,646
APPROVED ON BEHALF OFTHE BOARD OF DIRECTORS:
Nc
ROSALEEN JACKSON
DIRECTOR
ROSALEEN MeCORLEY
DIRECTOR
DATE
14th December 2023
DATE
14th D¢cember 2023
The uceompAnyin8 ftecounting polieles llnd notes form pllrt of these finnneilll stlltemellts
Page 15

FALLS WOMENS CENTREI IONAD MNA BHFAL LTD
STATELIqENT OF CASH FLOWS
FOR THE YEAR ENDED 31ST IVIARCH 2023
2023
2022
NOTES
CASHFLOWS FROM OPERATING ACTIVITIES
Cash generated from operations
14
30,408
16.512
Nel cash inflowl(outflow) from operating activities
30.408
16.512
Investing aetivities
Investment income
Purchase of tangible fixed assets
Acquisition of investments
Disposal of investinents
Disposal of tangible fixed assets
Net cash from Investing activities
IDcrease/{decrease) in cash and c45h equivlllents sn the year
30,408
16,512
Cash and ellsh equivalents at tb¢ beginnillg of the year
210,042
193,530
Casb and eush equlvolents at the end of the yeAr
240,450
210,042
Relating to..
C2sh 4t bankand In hand
10
240,450
210,042
The nc¢ompnnylng Accounting policies ond notej form pArt of ¢hes¢ fin&nrl4151Dt¢ment5
Page 16

F.4LL
WOfvIEN
CEIYTR
FINANCIAL sr.4TElI IENTS
FOR THE YEAR
I. DONATIONS AND LEG.ICIES
Unre$iricltd Restrfcted
Fund$
Fund>
Unrestricted Restricted
Funds
Funds
202J
2022
Donations
Lewies
224
264.J7?
264,596
877
144.193
145,070
Le55'. D2fcrred Inctyn¢
127.763
127 763
2ry4
136.609
B77
4J.624
2. tNCOfvIE FROfvI INVISThlENTS
u￿re￿Irl¢1td REStricted
Funds
Unrestrictod Restri¢l¢
FuThds
2023
2022
Incorn¢ frorn UK lisled inve5¢men
Incorn¢ frarn ¢D5h
329
329
67
67
329
329
67
67
3. INCOfvIK FROP¥l CIVARITABLE AcfiviTIES
VThrey1rlci￿ Rejlrkled
Fllnds
Unrcstrlcied R¢sir4eitd
Fund$
Ftsn
102J
2022
Belf051 Ctty Council
ThB &¥eculivo Offi¢e
Dep8rtmeni forcommuniiies. BRO
Children in N¢ed
DepJnm¢niofHeolth Bnd Sf*ial Services
Early Ye4ts
Public Heolih A8eney
Beifosi Healih & Social CareTru81
Coillmuniiy Relalions Council
Education Auihorily
UpperSprinKfi¢ld Development Trust
Loitcry.COVttk19
Belfasichildcore Pnrtn¢rship
HM Revenue & Cu51oins- Job Relenlion Support SL'heme
Wvmens Support N¢hYork- Fresh Sithrt
Wom¢n5 Thrive fund l.Sinollivood Trus11
18,SQO
35.642
192.599
18,500
35,642
192,599
20,500
20,500
196,349
32.416
347
33.316
13,940
17,220
28,396
12,044
196,J49
J?,416
347
3J,J16
lJ,940
17,220
28,396
12,044
26,224
575
27,916
575
27,916
24,189
17,899
29,020
17,899
?9,InO
4,614
,756
2,736
684
684
2.736
208
25,828
208
25,828
L¢5s', D¢ferred IrKome
389,965
4,B22
4. INCOMÉ fROfvI OTHER TRADING AcfiviTIIS
UnrcJlrIcl￿ Rc51rlcltd
riunds
Funds
VnreilAcl¢d Re¥lrlcieil
202J
2022
Fundrni51n8
Genernted income
97,766
122,058
219,824
7J,413
94.8JO
Lt$5,' Dtferred Income
9J.J42
Pa¥e 17

LLSW
IEIY.S CEKfREI IONAD fvINA BFIFAL LTD
NOTES TO THI fiNANCIAL ST.4TEfvIENTS
FOR TFIE YEAR ENDED 31ST ￿lAR(..￿ 2023
S. LXPENDITURE ON IIAISING FUNDS
Unresirltitd RtSir￿¢ed
Unrestrktd Re51rlcte
Funds
2ts2)
2021
Promotional Bnd fundruisill8 costs
EXPENDITVRE ON CHARITABLE ACTIVITIES
Unrestr￿•¢￿ R¢51rl¢lt
Funds
Funds
un￿51¥1¢￿￿￿ RestrlctLyl
2023
2n22
Wa8e5 and slllaries (SeeNoie &)
Soci41 security cos1$ (Se¥ 8)
Sioft'developmenl Dnd irninin8
Regislrlliion Dnd exom fee5
Tutor fees
Counxlling
Theropies
Trov¢l and subsi3iance cosls
400.335
48,197
4￿,335
48,197
366,142
43,104
J66,147
3,104
840
840
5.054
5,424
13,350
43,468
5,895
10.478
13,350
43,468
5,895
8.512
13.790
29,831
3,300
260
6.583
407
49,996
346
13,790
?9,851
3,JOO
55
6,58J
1,526
77.108
10.582
466
Proyramme a￿1 project cost8- core
Progrsmme COSL8. creche
Sundry expenses
3,492
8,892
115,334
534
9,426
632.876
630,633
39J62
512,291
561.6£3
Sui>pori Costs An¢J Gov¢rD9n¢e ¢oJts
Teleplione and iniernei
In5uronLe
Light ond heal
Wakr rates
Clc&nirt8
Advtrtisi118
Priniing, rA)31D8C. photocopyln& shreddin8 and sioiionery
uilding refurbi&limont£OslS
RepDirs and rnllinl¢n4nio
6,706
3,160
3,556
6,706
6.187
10,247
2,040
2,921
7.437
7,437
5.806
3.027
6,691
2.040
1.649
1946
8.317
829
829
1.953
792
3.529
4,665
399
3,083
3.482
3.JJ4
2,750
1,300
4,834
4,562
J,475
3.776
9J9
1,000
6.655
2.140
6.150
238
405
1.004
20
1.939
6.655
2.14Q
6.605
238
3.426
Il. EquipIr￿lI1 moinieiiDnce
Capiial cquipmeni ¢osis
Dep￿101100
Audii fee5
Le8DI oiher profe55ionnl fees
Siibslriplions and lice￿¢$
Bank intere* ond ¢linrKes
5,475
3,776
455
4.174
786
584
4,174
786
584
1.388
J,021
642
662
33,727
24,795
522
9J20
51.619
TOTAL EXPÉNDITURE ON CHARII'ABLE ACTIVITIE5
51,484
657,671
709.155
48.682
Sfy4.590
613,272
Pa8e18

FALLS WOMENS CENTRE/ IONAD MNA BHFAL LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
7. NET (OUTGOING)I INCOMING RESOURCES FOR THE YEAR
This is stated after chargingl(crediting)
2023
2022
Aiiditors remuneration
Depreciation
4,174
178
3,426
. SALARY COSTS AND EMOLUMENTS
2023
2022
Total staff costs were as follow5:
Wages and salaries - key management personnel
Wages and salaries - other staff
Employer social security costs - key management pcrsonnel
Employer social Security costs other staff
Employer social security costs - Statutory Matemity Pay Recoverable
Employer social security Costs - Eillployment Allowance
70,226
330,109
12,883
40,314
68,136
298,006
12,076
35,028
5,000
4,000
448,532
409,246
The average monthly numbei. of ¢mployecs diiring the year was as follows:
2023
Number
25
2022
Number
23
No employees had emoluments in excess of £60,000 (2022.. £Nil)
Trustees, remuneration and benefits
There was no tru5tees' remuneration or other benefits for the year ended 3 1st Mai'ch 2023. (2022: £Nil)
Trustees, Expenses
There were no triistees, expenses paid for the year ended 31st March 2023. {2022: £Nil)
Page 19

FALLS WOMENS CENTRE/ IONAD MNA BHFAL LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
9. TANGIBLE FIXED ASSETS
Office
Equipment
& Fixtures
Land & Garden
Buildings Centre
Play
Area
Computer
Equipment
Total
COST
As at 1st April 2022
430,902
4.899
5,113
108,203
16,079
565,196
Additions
Disposals
As at 31st March 2023
430,902
4,899
5,113
108,203
16,079
565,196
DEPRECIATION
A5 at 1st April 2022
5,113
108,203
15,364
128,680
Charge for year
Eliminated on disposal
178
178
As al 31st March 2023
5,113
108,203
15,542
128,858
Net book value 2023
430,902
4,899
537
436,338
Nel book value 2022
430,902
4,899
715
436,516
10. CASH AT BANK
2023
2022
Bank of Ireland - Deposit Account
Bank of I￿land- General Account
Bank of Ireland - Creche Current Account
Bank of Ireland - Number 2 Curirnt Account
178,923
41,725
11,348
8,453
168,595
29,122
8,888
3,437
240,449
210,042
Page 20

FALLS WOMENS CENTREI IONAD MNA BH
NOTE
TFIE FIINA
IAL STATEMENTS
OR TH
YEAR ENDED 31ST MARCH 2023
TD
I I. DEBTORS: AMOUTr4TS FALLING DUE WITHIN ONE YEAR
2023
2022
Trade debrors
GTanls receivable- restricted
Grants receivable- unrestricted
Prepajments
68.686
3,069
65,039
3.096
68.135
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Bank ov¢rdrafts
Social security costs and other thxes
Nel pay ¢ontrol Account
Deferred income- r¢stri¢led
D¢f¢rred inLome- unrestricted
Accrued expenses
1145)
9.938
135,429
1.821
9,376
126,283
13,567
154,766
151,047
13. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Tangible
Debtors
C￿h ai
Fixed
nd
Bank and
Assets Prepuymenls in Fland
Creditors
and A¢¢Tuals
Transfers
between Funds
2023
2022
Unr¢s¢r1cl￿ Fund5
436,338
3,069 105,020
13.5ni
16,175 557.030
511,74J
Eiestricled Funds
68.686 135,429
{16,1751 36,746
51,901
Total Funds
436,J38
71.755 240 449
154.766
593,776
563.646
14. RECONCILIATION OF OPERATING PROFITTO NET CASH FLOW FROM OPERATING
CTIVITIES FROM OPERATING ACTIVITIES
2023
2022
Operntin8 Surplug{D¢fi¢iil for the year
Dcpr¢¢iation
Movement in debtors
Movement in creditOT5
Gain on investments
IProfityLos5 on di5posuI ofFixed Assets
Investment income
30,130
179
13.6201
3.719
(56,596)
238
(58,747}
131.617
Net tAsh inflowlloutflow} from operating a¢livltie3
30,4Q8
16,512
Page21

FALLS IV
IENS
ENTREI IONAD MNA BHFAL
TE
THE FINANcIALsfATE￿[E￿r
FOR TFIE YE4R ENDED 31ST ￿lARCH 2023
15. fwlOVEMENT IN FUNDS
Nei ￿lOVeMent
In Fun¢li
2023
Openlni
BAlxnce
TrA￿S[ell
behveeTr Funds
Income
Expendliure
2023
2022
Unre*ricied Funds
96,769
45,285
557.030
Resiricted Funds
64?,516
1657,6711
36,746
Y>J.646
739,285
709,ISS
593,776
563.646
PWZZ

FALLS WOMENS CENTREI IONAD MNA BHFAL LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
16. UNRESTIUCTED INCOME FUNDS
2023
2022
Balance at I st April 2022
5ll,745
479,246
Incoming resources for the year
Resources expended for the year
Transf¢r b¢tw¢¢n funds
96,769
(51,484)
81,181
(48,682)
Balance at 3 1st March 2023
557,030
511,745
17. RESTRICTED INCOME FUNDS
2023
2022
Balance at I st April 2022
51.901
140,996
Incorning resoiir¢es for the ycar
Resoiirces expended for th¢ year
Transfer between fiinds
642,516
(657,671)
475,495
(564,590)
Balance at 3 1st March 2023
36,746
51,901
18. LEGAL STATUS
Falls Womens Centre/ lonad Mna Bhfal LTD is a Company Limited by Giiarantee.
Each rnember has agre¢d to contribLlte £ l in the event of a compulsoi'y winding LIP.
Falls Womens C¢nti'el lonad Mna Bhfal LTD is register¢d with Tlie Charity Comrnission for Norlhei'n Ireland,
Charity Number 101216. Date of registration 30th November 2015.
Falls Womens Cenlrellonad Mna Bhfal LTD is a recognised Charity within the definition of Section 360(3)
Income and Corpoi'ation Taxes Act 1970 by t]i¢ Commissioners of the HM Revenue & Customs.
Page 23