FALLS WOMENS CENTR.E/ IONAD MNA BHFAL LTD FINANCIAL STATEMENTS FOR THE I'EAR ENDED 31ST MARCH 2024 ( A COIVIPANY LIMITEI D BY GUARANTEE AND NOT HAVING A SHARE CAPITAL) COMPANY REGISTIUTION NUMBER NI 041776 CHARITY REGISTIUTION NUMBER NIC 101216 O'HARA SHEARER CHARTERED ACCOUNTANTS.4ND STATUTORY AUDITORS i47 FALLS ROAD BELFAST BTII 9AB
FALLS WOMENS CENTRE/ IONAD MIYA BHFAL LTD FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 CONTENTS MeiT]bei's and Pi'ofessional Advisors Ti'ustees AnnLial Report (iiiclLidin o tlie Staleinent of Directors Respoiisib i l ities in respect of financial stateinents) Report of tlie Independent Auditors to the Meinbers, 8-10 AccoLintino Pol icies Stateinent of Finaiic ial Activities ( incorporatiii(y tlie iiicome and expenditui'e accoLin 14 Balaiice Sheet Stateillent of Casli Flows 16 Notes to the Finaiicial Staleinents 17-?3 Detailed Incoine and ExpenditLire Accoiint 24
FALLS WOMENS CENTREI IONAD MNA BHFAL LTD FINANCI_4L STATEMENTS FOR THE YEAR ENDED 31ST ]RCH 2024 OFFICERS AND OTHER INFORMATION Directors Rosaleen Jack"soii (Cliairperson) Janice Allstiii Mary McAI'dle (Vice-cliairpersoii) Jackie Buiiting Rosaleen Mccorley (Treasurei.) Carol Jacksoii Alisli Scott Centi"e Mkinaaement Siisaii Mccrory (Ceiiti'e Maiiaoer) Catlieriiie O'Rawe (Fiiiaiice Manaoei.) Secretary Carol Jacksoii Reaistered Of'fice Falls Woinens Ceiitre ?56-2i8 Falls Road Belfast BT12 6AL Auditors O'Hara Slieai'er Cliaitered AccoLintants & StatLltory A Liditors 547 Falls Road Belfast, B Tl 19AB Banker5 Baiik of Ireland ?0? Andei'sonstown Road Belfast, BTI19EB Conipaiiy Registration Number N1041776 Charity Reuistration Number XR 41398 Charity Commi$5ion for f4orthern Ireland ReIstration Number NIC 101?16 Page I
F.4LLS M.'OIl.IENS CEN'TREI ION.4D.NJlN.4 BHF.IL LTD sT.4TEIET OF FIN.4SCI.IL ICTIV'ITIE FOR THE I'E.4R ENDED 315T WI.4RCH ?024 incor 111'41tino the income e enditure gccount Lrnrcstricted Resti'ictcd Endoivnmtnt Funds Funds TOT.4L 2024 TOT.4L ?023 NOTES IliCON.IE.4ND EINDOM'NNIEliTS FRONI-. Donations and letsaci¢5 Income froin investments Iiicome from cl)aritable aciivilies IiicoRie from oil)eT trading activities 28?,246 282.246 lJ6.8ii 2.84? 299.864 45.069 iOJ,$90 161 ?6j 389,965 21? l)8 TOTAL INI CON,11.,tND ENDOM'NN,IENTS 1?3,762 627,179 7411,Y41 739,28) E,IPEN'DITIIRE ON.. Expendiiiire on raising fiiiids Eipenditure on cliariiable activities Otl)er expendittire Net gaiiislllosse51 on investments 101.340 591.575 692,915 709.155 TOT.4L RESOIIRC.ES EKPINDED 101,i40 591,575 692,915 709,155 ET INCOfvI EIIE.KI'ENDITI,'Rri 2?,42? 30,130 Transfers beiweeii ftinds I ET l0}.EN.] ENT IN I."IIN DS 21,422 35,6Q4 j21,11?6 31I,13U RIC.01clL1AT]0N or FliNDS 1'01'.4L FIINDS IIRQIICHT TrORM.'.4RD 557,QJO 36.746 59J,776 56i,646 I-OT.4L. I,-[iN DS CARRIED roiiii,'.-IRD 7?.3.50 Page 14
FALLS WOMENS CENTRE/ IONAD MNA BHFAL LTD BALANCE SHEET AS AT 31ST MARCH 2024 2024 2023 NOTES FIXED ASSETS Tangible assets 4J6,204 4J6,338 CURRENT ASSETS Debtors and pi'epayments Casli at bank Cash in haiid 71,755 240,449 10 248,919 263 ?51 31? ?04 Creditors: amounts fallina due Ivithin one year 12 (47,65)) (154,766) NET CURRENT ASSETSI(LIABILITIES) 215,598 157,4J8 TOTAL ASSETS LESS CURREI NT ASSETS/( LIABILITIES ) 651,802 593,776 Creditoi"s: amounts fallino due after more than one vear NET ASSETSI{LIABILITIES) 651,802 93,776 FUNDS: ENDOWNMENT FUNDS UNRESTRICTED INCOME FUIN'DS 13115116 579,452 557,031 RESTRICTED INCOME FUNDS 13115117 72,350 36,74) 6*1,802 493,776 APPROVED ON BEHALF OF THE BOARD OF DIRECTOR5: OY) ROSALEEN JACK.SON DIRECTOR ROSALEEN MCCORLEY DIRECTOR DATE I I th DeceiT]bei' ?0?4 DATE I I Ill Deceinber 2024 The aceompgn)Jing accountino policies llnd notes form pirt of these financijl statements Paoe 15
FALLS WOMENS CENTREI ION.4D MNA BHFAL LTD STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST MARCH 2024 2024 2023 CASHFLOWS FROM OPEIUTING ACTIVITIES NOTES Cash geiierated froin operations 8,470 Net ¢asli inflow/(outflow) froin operating activities 8,470 Ini'estino activities Investiiieiil iiicotne Pui-cliase of tangi ble fixed assets AcqLliSltioii of investments Disposal of investinents Disposal of tangible fixed assets Net cash from illvestinry aetivities In¢rease/(decrease) in cash a nd casb equivalents in the )'ear 8,470 30,408 Casb and cash equivalents at tbe be(Finnin¢F of the year 10 240,450 210,04? Cash and cash equiiixlents at the end of the year 248,9?0 240,4iO Relatiiig to.. Cash at banlK Jlld in band 10 248,9?0 240,449 The accompqnying 2cco¢Jnlinu policies and notes form pTrrt of these finaiiL'i.'I1 statL'ments Paoe 16
F.4LLS I)'OtyIENS CLI'TREI TONAD [,.4 BHF.4L LTD NOTES TO THF FTN.4NI CIAL ST.4TEN,IENTS FOR THE I'E,IR ENDED 31ST [ARCH 21124 I. DOliATIONS AN"D LEGACIES Unrestricted Restrieted Fund5 Fund5 Unrestricted Resirieted Funds 2024 2023 Donations LetaCleS 308,?•7 308 •?? 364,37 ?64,)96 Lcs5." Deferred Inwine ?81 ?46 •8? 746 7?4 136.609 136.833 2. INCOfvIE FROfvI INV'ESTfvIENTS tinrvstricttd Restricled Funds Unrestricted Re51ritted Funds 2024 2023 Incoine from UK Iisied Invesiineiiis Incoine from cash ?.84? 319 319 319 5•9 3. INcOlE FROfvI CFIARIT.4BLE ACTTI'ITIES UnrL%iricied Resiricied Unrvsiricted Re%iricted run(Is rillnds 2024 2023 Belf1 City Council The Extculive Otfice DepartmEni for Coiniruniiies- BRO WRDA. BreGk'ingb Bartiers Departincni of Heolih ond Sociol Services Early Years Public Health Ab7cncy Belfast HeJlih &. Sociol Care Trus1 C01rinuniry Reloiions Council EducJiion Auiliority Upp¢r Spriniifield Developineni TNSI The Puihwoy Fund Belfosi ChildcDre Partnership Ftm Revenue & Cusioms. Job Reieniion Supporf Scheine Woirens Support Network Woine115 Tlirive Fund ISIDollwood TTUSII ,iOO 2?.500 18,iOO 35.64? 19?,599 18.iofl 35.64? I BO.?B6 180•86 533 533 575 7,916 ?4.189 17,899 ?9,0?0 575 ?7,916 ?4.189 17,8C)9 ?9,0?0 l i,90• IB,53? 15,90? 18,53? 14,755 5,86? 30,000 14,755 9.588 30,OOQ 3,7?6 684 684 L¢ss.. Deferred Inroine 3.7?0 ?99,864 303.590 389 965 38996) 4. INC'OMI fR04Jl OTIIER'f]LIDING ACTlliI'rics Unrtsiricted Restrictcd Funds Fund5 2023 GenEfaied incoine 45,069 163 ?33 97,766 lryf.058 *19.8•4 Less. Deferred In¢oine 19701 176661 45.069 16??63 96,216 Page 17
F.4LLS wolEY1 S CENTREKTON.4D [N.4 BHF.AL LTD N'OTES TO THF FINANCL4L ST.4TENI IEI'TS FOR TFIE I'E.4R EIT)ED 31 ST IWI.4ft FI 2024 i. EYPENDITIIRE ON 114tSING FIINDS Unresiritted Restricted Fllnds Fund5 IAnrestritted Restrictcd Funds 2024 2023 Promotional and fundraising ¢0515 6. EXPENDITiIRE ON CH.4RJTABLE ACTII'ITIES Unrestricttd Re5tricle¢J Fund Fund5 Llnre%trÈcred Restricted Funds FutLds 2024 2023 WDges and salarie5 (Seu Noie 8) Social security t05ts (See Noie SJ Staff unifonn5. develnpireni and training Regislraiion and eNaiii fees Tutor lees Counselling Tlierapies Travel and sub5151unce costs Hospiiality Prograinine and projerl costs- ¢orc Prograilline coSlS- Crrclie Sundry e.xFKnses 407,753 43,901 407,753 43,961 390 ?4,471 25.510 ?6,871 9,095 400.335 48,197 400.JJ5 48.lQ7 390 5.054 5,4?4 10,478 25.ilo *é,781 9,095 43.468 5,895 5.895 628 678 147 115.3)4 534 466 é5,695 9,56? 3,499 8.89? 39? 5(Kl 9,954 500 76,149 -$60,309 63C>,4.%8 632.878 64tJ,632 SuiJi)ut'l Cosrs lind Governiinct cost5 Teleplionr and Iniernrl 6,706 3,160 3.556 6,706 6,187 Light and lieJi Water raies 1.080 3,027 6.691 2,040 1,649 3,5?9 9,313 4?0 1,166 875 9,313 Priniing, postage. pliviocopying. 51ireddin8 ond 51aiionery 691 ?,958 8,013 1.973 398 2,9?0 4.664 3,833 8.013 4,987 3,067 5,067 Repairs and m4inienance Hetslili und 5alety IT EqLiipIHcni mainiennnse 3.014 2,669 3,334 1,500 4,834 4.563 5,475 3,776 179 4,174 786 i84 5,475 Depre¢iulion Audii fees Legal and oilier profe5510nol fees Subscription5 dnd lic¢nce5 3,776 134 3,483 1.078 380 179 ?85 3.768 1,078 380 4,174 786 584 33.727 Z4.7Y6 i8..523 TOT.4L ENPENDITI,'RI ON CFl&lRIT.411LL ACTII'ITIES 591.575 6l)2.9l5 657.671 709.144 Page 18
FALLS WOMENS CENTRE/ IONAD MNA BHFAL LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 7. NET (OUTGOING)I INCOMING RESOURCES FOR THE YEAR This is stated after charuing/(creditints 20?4 2023 ALiditors remiiiieration Depreciatioii 4,174 179 8. SALARY COSTS AND EMOLUMEI NTS 20?4 2023 Total staff costs were as follows.. Wages and salaries - key management personnel Waoes and salaries other staff Eniployer social securily costs - key management pei'sonnel Einployer social secLirity costs other staff Emp loyei. social .%ecui'ity costs - StatLltory Maternity Pay Recovei'able Eiiiployer social security costs - Einployment Al lowaiice 69,537 3J8,216 70,??6 3JO.109 12.883 40,337 (4,024) (5,000) (5,000) 451,714 448,532 Tlie averaue iY)ontli ly iiuniber of einployees dLirin(y tlie year was as fo I lows.. 2024 Number 22 20?3 Number 25 No einployees liad einoluinents in excess of £60,000 (?023: £Nil) Trustees, remuneration and benefits There was no ti'ustees, reinunei'ation or otliei. benefits foi. the year ended 31 st Mai'cli 2024. (?02J'. £Ni l) Trustees, Expenses There were no trustees, expenses paid for tlie yeai- ended 31 st March 2024. {202J £Nil) Page l9
FALLS WOMENS CENTREI IONAD BHFAL LTD NOTES TO THE FIN.4NCI.4L STATEMENTS FOR THE YEAR ENDED 31ST TrL4RCH 2024 9. TANGIBLE FIXED ASSETS Office Equipiment & Fixtures Land & Gai'den Bui Idiiigs Ceiitre Play Area Computer Equipmeiit Total COST As at 1st Api'il ?02J 430,902 4,899 108,20) 16,079 565,196 Additioiis Disposals As at J I st March 2024 4)0,902 4,899 5,113 108,20J 16,079 565,196 DEPRECIATION As at 1st April ?0?" 5,113 108,?0) 15,542 1?8,858 Charge for year Eliiiiiiiated on disposal 134 134 As al 31 st Marcli 2024 5,113 108,20J 15,676 128,992 Net book value 20?4 430,90? 4.899 403 4J6,204 Net book value 2023 430.902 4,899 537 436,JJ8 10. CASH AT BANK 2024 2023 Baiik. of Ireland - Deposit Account Baiili of Irelaiid - General Account Baiilk of Ii'eland Creche Current Account Baiik of Ii-eland - Number 2 Cui'rent Account 205,449 178,923 41,725 11,348 8.453 13,844 1,232 248,919 ?40,449 Page 20
F.4LLS WOMENS CENTREI IONAD MNA BHFAL LTD OTES TO THE FINANCIAL ST.4TEMENTS FOR THE YE.4R ENDED 31ST MARCH 2024 I I. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE I'EAR 2024 2023 Tradc debtors Grants receivable - restricted Grants r¢ceivable - unrcstricted Prepayments 9,109 5.2?3 68.686 3.069 71.755 12. CREDITORS.. AlouNTs FALLING DLIE WITHIN ONE I'E.4R 2024 2023 Bank overdrafts Social security costs Imd other tlxes Net pay control account Defeed income - reslrictcd Deferied incoille - unrestricted Accrued expenses 11451 9,938 135,4?9 26.9) I 8.940 9,544 47.653 154.766 13. ANALI'51S OF NET ASSETS BETW'EEN fuNDS Tangible D¢biors Cash at and Bank and A55els Prepayinenls in FlJnd Crediiors and AcLruals Transfers between Funds 2024 2023 Unreslricied Funds 436.204 5.223 141,596 13,57?) 579,451 557,030 Restricled Funds 9,109 107,3?3 144,0811 72,351 36,746 Total Funds 436.?04 14.332 248.919 147,6531 651.80? 593.776 14. RICONCILI.ATION OF OPETING PROFIT TO NET CASFI FLOW FROM OPEIL4TING ACTIVITIIS FROfvI OPEIi4TIiYG .4CTII,'ITIES 2024 2023 Operatino SurplusllDeficitl for tlie year Depreciation Moveiiicnl in debtors Nqovemeni in Lreditors Gain oil investmenis IProfiillL085 on disposal of Fixed Assets Investrnent income 58,0?6 134 30,130 179 13.6?01 3,719 Nel cash influwjloutflowl from operating activities 8,470 30.408 Page ?1
F.4L NI'OfvIENS CENTREI IONAD [NA BHF.4L LTD NO'fE.S TO THE FtN.4YCIAL STATElJlENTS FOR THE?. AR ENDED 31ST MARCH 21124 15. fv101.'EftriENT IN fuNDS Nei fvlovement in FndS 2024 Opcning Balanee TrThnsftrs berweezL Fllrjds Income Expenditure 2024 2023 Unresiricied Funds 5i7.OJO 173,762 i79.4)2 5i7.oio Restricted Funds 36,746 6?7.179 35,604 7?,3iO 36,746
93,776 750.941 1692,91S1 i8,Q26 i*I,X02 593,776
FALLS WOMENS CENTRE/ IONAD MNA BHFAL LTD NOTES TO THE FIN.4NCI.4L STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 16. UNRESTRICTED INCOME FUNDS 2024 2023 Balance at 1st April 2023 557,OJO 511,745 Incoming I'esources for the yeai. ResoLirces expended for the year Transfer between fLinds 123,762 (101,340) 96,769 (51,484) Balance at 31 st Mai'ch 2024 579,452 557,OJO 17. RESTRICTED I,cOmE FUNDS 2024 2023 Balance at I st April 2023 36,746 51.901 Incoin iiig I'esoLirces for the ycai. ResoLlI'ces expeiided foi. tlie year Transfei- between fuiids 627,179 (591,575) 642,516 (657,671) Balance at 31 st March 2024 72,350 36,746 18. LEGAL STATUS Falls Woineiis Centre/ lonad Miia Blifal LTD is a Coinpany Limited by Gliarantee. Eacli Imeinber lias agreed to coiiti'ibute £ l in tlie event of a coinpu Isory winding up. Falls Won1ens Centi'e/ lonad Mna Bhfal LTD is registered with The Charity Coinmission for Noitliei-n Irelaiid, Chai'ity Nuinber l 01216. Date of I'egistratioii 3 Otli Noveirjber 2015. Falls Woinens Centrellonad Mna Blifal LTD is a recotynised Chai'ity within the definition of Section J60(3} liicome and Corpoi'ation Taxes Act 1970 by the Coiniiiissioiiei's of the HM Reveniie & Customs. Pa2e 2J