FALLS WOMENS CENTRE/ IONAD MNA BHFAL LTD
FINANCIAL STATEMENTS
FOR THE YEAR ETriDED 31ST MARCH 2024
STATEMENT OF DIRECTORS RESPONSIBILITIES
The dii-ectoi's are responsible for pi-epai'ing tlie Directors, Report and the financ ial statements in
accordance with applicable law and reoulations.
Company Law requires tlie directors to prepai'e financial statements for each fiiiaiicial year.
The TrLlStees, who are also directors for the purposes of company law, present tlieir I'eport and the
financial stateineiits of ihe charity for the yeai. ended 31 st Marcli ?0?4. Tlie Trustees confirin that they
coinply with tlie reqLiirements of tlie Chai'ities Act (Noitliern Ireland) 2008 and Accounting and Reportiiiu
by Charities.. Stateinent of Recoininended Practice which applies to charities prepai'iiig their accounts in
accoi'dance with tlie Financial Repoi'tiniy Standard applicable in the UK and RepLibl ic of Ireland
(FRS 102) (effective l January 2015).
Under coinpany law tlie d irectoi's Iniist not appi'ove the financial stateinents uii less they are satisfied
tliat they give a trLie aiid fair view of the state of affaii's of tlie company and of tlie SLirp lus or defic it of
the coinpany for tliat period. Iii pi'epai'ing tliose financial statements, the d irectors al'e required to:
select suitab le accoiinting policies and then apply tliein consistently.
mal(e j udoeinents and esti111ates tliat are I'easonable and prudeiit;
prepare the finaiic ial statements on tlie ooino concei'ii basis Lin less il is iiiappropi'iate to
presuine that the coinpany will continLie in business,
Tlie directoi's are responsible foi. keepiiia adeqLiate accountiiig records tliat al'e sufficient to show
and explain tlie company's ti'ansactions and disclose with reasonable accuracy at any tiine tlie fiiiancial
positioii of tlie coinpaiiy aiid enable tliein to ensure tliat the financ ial staleiments coinply with the
Coinpaii les Act 2006. They al'e also responsible foi. safegLiard in o the assets of the coinpaiiy and hence
for talcino reasonable steps for tlie prevention and detectioii of fraLid and otlier irregLI larities.
In so far as the directors are awai'e..
tliei'e is no relevant aiid it information of wliich tlie coinpany's aud itor is unaivai'e. aiid
the dii'ectoi's have taken all steps tliat they OLight to have taken to Inake tliemselves aware
of any relevant aud it iiiformation aiid to establ ish that tlie aud itor is awai'e of tliat information.
By order of the board:
ROS.4LEEN JACKSON
DIRECTOR
ROSALEEN MCCORLEY
DIRECTOR
DATE
14th December ?0?4
DATE
14tli December 20?4

FALLS WOMENS CENTRE/ IONAD MNA BHFAL LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS,
Opinion
We have audited the financial stateinents of Falls Womens Centrellonad Mna Bhfal LTD (the 'charity') for the yeai. ended J I
Mai-ch 2024 which coinpi'ise the Stateinent of Financial Activities, the Balance Sheet, the Stateinent of Cash Flows and the
notes to the financial stateinents, including a suinmary of significant accounting policies. The financial. reporting framewoi'k
that has been applied in their preparation is applicable law and United Kingdom Accountino Siandai'ds, includin(T Financial
Reporting Standard 102 Thefinanciol Reporting Standard applicabl¥ ii? t17e UK Republic ofJrLland (United Kiiigdoin
Generally Accepted Accounting Practice).
In oui. opinion, tlie financial stateinents..
give a true and fair view of the state of the chai'itable coinpany's affairs as at J l March 20?4 and of its incoining
resources and application of I'esources, including its incoine and expenditure for the year then ended.
have been propei'ly pi'epai'ed in accordance with the Financial Repoiting Staiidai'd appl icable in the UK and
Republic of Ii'eland (FRS 102) (effective l January 2015) - {Chai'ities SORP (FRS I O•)), tlie Financial Reporting
Slaiidard applicable in the UK and Republic of Ii'eland {FRS I O?).
have been prepared in accoi'dance witli the I'equii-eiDents of the Companies Act 2006.
Basis for opinion
We coiiducled our audit in accordance with Intei'national Stai)dai'ds on Auditing (UK) (ISAS (UK)) and applicable law. Our
responsibi lities under those standai'ds are fuitlier described in the Auditoi s responsibilities for tlie audit of the accounts
section of our repoit. We are independent of the charity in accoi'dance with the ethical requirements that al'e relevant to our
audit of Ilie accounts in the Ul<, including tlie FRC'S Etliical Slandai'd, and we have fulfilled our otlier ethical responsibil ities
iii accoi'dance with these requirements. We believe that the aLidit evidence we have obtained is sufficient and appropriate lo
provide a basis for oui. opinion.
Conclusions relating to ooin(y concei'n
We have noiliing lo repoit in respect of Ilie following mattel's in relation to which the ISAS (UIC) require us to I'eport to you
where..
the trustees, use of the going concei'n basis of accounting in the pi-eparalion of the financial stateinents is not
appi'opriate. or
tlie ti'ustees have not disclosed in the financial stateinents any identified iiiaterial uncertainties that may cast
significant doubl about the charity's abil ity to continiie lo adopt the going concern basi5 of accoLinting for a period
of at least twelve Inonths froin the dale when the financial staleinents are authorised for issue.
Other information
Tlie oll)er iiifoi'rnation comprises tlie information included in the annual repoit. other than tlie financial stateinents and our
auditor's repoit thereon. The ti'ustees al'e responsible for the other information. Our opinion on tlie financial stateinents does
not cover the otlier inforination and. except lo Ilie exteiit othei'wise explicitly slated in our report, we do not express any forin
of assurance conclusion thei'eon.
In connection with our audit of the financial statements, our responsibility is lo read the other inforrnalion and, in doino so,
considei. whether the other infonnation is materially inconsistent with the financial statements or our knowledge obtained in
the audit or othei'wise appears to be ￿aterIallY Inisstated. If we identify such material inconsistencies or apparent malei'ial
misstaleinents, we are required to deterinine wheilier there is a material Inisstatement in the financial statements or a material
mi55talement of the other information. If, based on tlie work we have perforn]ed, we conclude that there is a material
rnisstatemenl of this other infonnation, we are required to report that fact.
We have nothing to repoit in this regard.
Page 8

FALLS WOMENS CENTRE/ IONAD MNA BHFAL LTD
FIN.4NCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS,
Matters on wh ich we are req uired to report by exception
In the I1￿h1 of the IKnowlediJe and iinderstandin(F of the Trustees and its environment obtained in the Course of the audit, we
have not ideniified Inaterial Iiiisslatements in tlie Trustees, Report.
We have nothino to report in respect of the followino Imatters in relation to whicli the Companies Act 2006 requires us to
repoi1 to YOLI if, in oui- opinion..
sufficieiil accounting records have not been kept; or
the financial slateinents al'e not in agreeinent with Ilie ac¢ountÉng records. oi.
certain disclosures of trustees, reinuneration specified by law are not Inade., or
we have not received all the infonmaiion and e,Kplanalions we require for our audit.
Responsibilities of trustees
As explained Inore ￿1]Y in Ilie Stateinent of Trusiees, Responsibilities, the trustees, wlio are a150 the directors of the chai-ity
for the purpose of coinpany law, are responsible for the preparation of the finallcidl stateinents and for beino satisfied Iliat
they give a true and fair view, and for such iiileimal control as tl)e directors deteiinine is necessaiy lo enable the pi'epai-ation
of financial stateinenls that are free from Inaterial Inissl%Lteinent, whetlier due to fraud or error.
Iii prepai'ing tlie financial stateinenls, the tt'usiee5 are responsible for assessints Ilie charity's ability lo continue as a going
concern, disclosints as applicable, IT)atters related lo goino concern and usiii(F Ilie going concern basis of accounting unless
the ti'ustees either intend lo liquidate the coinpany or lo cease operations, or have no realistic alternative but lo do so.
Auditor's respoiisibilities for the audit of the fiiiancial statements
Our objLctives are lo obtain reasonable assurance about whether tlie financial slalenients as a wl)ole are free froiii material
Inisstaleineiil, wlieiliei. diie to fraud or errol., and lo issiie an auditor's report Iliat incliides our opinion. Reasonable assuraiice
is a lii(Th level of assui'ance, but is not a guarantee that ali audit conducted in accordance with ISAS (UK) will always delect a
matei'ial misstaleinent when it exists. Misstateinents can ai'ise froin fraLid or eri'or and al'e considered Inatei'ial if, iiidividually
or in tlie a
>gregate, they could reasonably be expected to influence the e¢onoiT]i¢ decisions of users taken on 11)e basis of
these financial stateinents.
IITeoularities, including fi'aud, are instances of noii-coinpliance with laws and re(Tulations. We desi(yn pi'ocedures in line witli
our i-esponsibilities, outlined above, lo detect Inaterial Inisslatements in respect of irregularities, in¢ludin0 fraud. Tlie extent
10 which our procedures al'e capable of detecting irregulai'ities, includino fraud, is detailed below.
Explanation as to M,hal extent tlie audit IV115 coiisidered capabl¢ of detecting irregula I'ities, including frdud
The objectives of our audil in respect of fraiid, are to identify and assess the risks of I￿aterial misstaleinenl of the financial
stateinents due to fi'aud; to obtain sufficient appi-opriale audit evidence reiyai-ding the assessed risks of material misstateinent
due to fraiid, through desi{miniF and iimplementing appropriate responses lo those assessed I'isks,. aiid to respoiid
appropi'iately to instances of fraud or SLispected fr'aiid ideiitified durino Ilie audit. However, the priinary responsibility for the
prevention and delection of fraud resis with botli IT)anageinent and those ¢hai'tyed with governance of rhe Charity.
Our approacli was as follows..
We obtained an undei'standino of the legal and reoulalory requireiments applicable lo the charity and considered
that the most sitrnificant are the Coinpanies A¢1 ?006 and the Financial Reportino Standard applicable in the UK
and Republic of Ireland (FRS I O? l (effective l January ?015) (Cliarities SORP (FRS I O?).
Enquiry of manageinent, those charged with governance and the entity's solicitors around actual and potential
litilTation and claiins.
Enquiry of enritv staff in compliance functions to identify any instances of any non-¢oinpliance with laws and
regulations.
Reviewing financial stateinellt disclosures and testing to siipportino documentation to assess coinpliance with
applicable laws and recrulations.

FALLS 14,0￿[ENs CENTREI IONAD MNA BHFAL LTD
FINANCIAL STATEMENTS
FOR THI I'EAR ENDED 31ST MARCH 2024
REPORT OF THE INDEPENDENT ALIDITOR TO THE mE￿[BERs,
Auditin? the risk of management ovei'ride of conti'ols. including tlii'ou41i tesiing joumal cnti-ies and othei.
adjustinents toi. appropi'iateness. and evaluating the business rationalc of 5ignificanl ti'ansactions outside rhe
normal course of busincss.
As part of an audii in accoi'dance witli ISAS {UICI we eiei'cise piofessional judoemenl and Tnaintain professional seepticisin
Ihix)ughout the audit. We also..
Identity and assess the I'i5k5 of matei-ial missiatcmcnt ot. the financial sratement5. whetlici. due to fi?ud oi. ei'i'or,
design and pei'form audit pi'ocedui'es responsive to tliose I'isLs. and obtain audit evidenec that is sufficient and
appi'opi-iate to pi'ovide a basis foi. oui. opinion. The I'isk of not detecting a maiei'ial misstateinent I'esuliino fi'um
fi'aud is high¢r than foi. one I'esulting from errol.. a5 fi'aud may involve collusion. forge17. intentional omissions,
niisi'epi'esenlations, oi. the ovei'ride of inleixal control.
Obruin an undei'standine of intei'nal conti'ol releiiant to the audit in ordei. 10 design audit pi'ocedui'es that al'e
appi'opi'iatc in the ¢ircumstances. but not foi. the puiposes of eKpiessing an opinion on the eflectiveness of the
cotnpany's inteimal conii'ol.
Evaluate the appi'opriateness ofaccounting policies used and the I'easonableness of accouniino estimaies and
related disclosures made by the dii'ecloi's.
Conclude on the appropi'ialeness of the dii'¢¢lors' use of the ooing ¢onceim basis of accounting and. based on the
audit evidence olitained. wheilier a matei'ial unc¢ilainty exists I'elated io events oi. conditions thai mav cast
significant doubt on tlie cliai'itj s ability to conliniie as a going concei'n. If we conclude that a niaierial unceiiaintv
eAiSt8. we are requii'ed to di'aw aitention in oui. aLiditoi's I'eport to the related disclosures in the financial statemtnls
oi.. it'su¥h disclosures al'e inadequate. lo modify out. opinion. Oui. conclusions al'e based on the audii evidence
obtained up lo oui. auditoi s I'epoii. However, future event.s oi. coiiditions mav cause the chai'ity to c¢ase 10 continue
as a going con¢eix.
Evaluate Ilie ovei'all pi'eseniaiion. structure and contenr of the financial slaieinents. includi11￿ the di$closuI'es. and
Mrhethei. Ihe linanLial stateinenls I'cpi'Esent tlie undei'lving ii'ansaLlii)ns and evci)ts in a mannei. that aLhieve5 laii.
pi'esentalion.
A fuithei. des¢1'iplion of oui. I'esponsibiliiies tor the audit ofilie financial statements is located on ihe Financial Repolting
Council's website al.. littp.'/lwww.fi'¢.oi'g.uklauditoi'si'esponsibilities. Tlii5 description foi'nis pail of oui. audiloi s I'epart.
We cominunicate with those chaiged with goveimance regai'ding. amonL? other mattel's, the plaiined scope and tiinine of Il)e
audit and significant findinos. includiiig any signifi¢anl d¢fiLiencies in inleiral control that we identify. dui'ing our audit.
Use of our report
This repoi1 is Inade 501elv to the ¢l)ai'ilable conipany's menibei's. a5 a body. in accoi'dance w'ith Chdptei. 3 of Part 16 ofihe
Conipanies Act ?006 and I'egulaiions illade undei. thai Act. Oui. audit work has becn undertaken so that we miqht stale lo Ihe
chai'itable ¢oinpanv's membei's 11105c Inattei's we are r¢quii'ed to stale to them in an aiidiloi's, repurt und lor nc> other purpose.
To the ful lesl extcnt perniitted bv law. we do not accept Ol. U5SUtne I'esponsibiliij. lo anyone othei. tlian the charitabl¢ ¢onipanv
and its menibei's as a body. foi. oui. audit ivork. foi. Iliis repoit. oi. foi. the opinions we have I'ortned.
LAW'RENCE SHEARER F.C.A., Senior StAtutary .4uditor
FOR AND ON BEIIALF OF O'II.4IL4 SHEARI,'R, St¥ltutoi'y Auditor
O'H.4114 SHEARER
CH.4RTERED ,4CCOLNTANTS
AND STATUTORI. ALIDII'ORS
547 Falls Road
Belfast
BTI 19AB
Dated..
14th December 20?4
Page 10

FALLS WOMENS CENTRE/ IONAD MNA BHFAL LTD
FINANCI.4L STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
STATEMENT OF ACCOUNI"ING POLICIES
Accountints Coniiention and Basis of Accountin
The financial stateiments have beeii prepai-ed linder the historical cost convention.
The financial stateinents liave been prepared in accordance with AccountintF and Reportino by Charities:
Statement of Recoininended Practice applicable to charities preparino theii. accounts in accordance with
the Finaiicial Reportincy Standai'd wliicli appl ies in the UK and Republic of Ireland (FRS 102)
(effective l JanLiary 2015) - (Charities SORP (FRS 102)), the Financial Reportino Standai'd applicable
in the UK and RepLiblic of Ireland (FRS 102) aiid the Companies Act 2006.
Goino Concern
At tlie lime of approving the financial statemeiits, tlie trLlStees' have a reasonable ekpectation that the charity
has adeqiiate resources to continLie in opei'ational existeiice for the foreseeable future. ThLlS the trustees,
coiitinue to adopt the ooiiio concei-n basis of accoLllltin(J in preparinu tlie financial stateinents.
Income Reco(Fnition
Iiicoine is recognised wlie11 tlie Cliarity lias eiititleinent to the funds, any perfoi'maiice coiiditioiis attaclied
to the itein{s) of iiicoiiie liave been Iiiet, it is probable that the incoine will be received and tlie amount
can be Ineasui-ed rel iably.
Interest ReLeivable
Iiiterest on funds lield is inclLided wheii receivable aiid tlie ainount cali be measured reliably. this is
noi-mal ly upon notification of the iiiterest paid oi. payable by the Baiik.
Resources Expended
All e.Ipend iture is accolinted foi. oli an accruals basis and is classified uiider headings that aggregate all
costs related to tlie category.
Fundi'aisino costs inclLide tlie costs of advertising, prodLicing publ ications, pi'inting aiid Inail in(F fiindraisin
material, and staff costs in these ai'eas.
Costs of cliai-itable activities iiiclude dii'ect expeiiditui'e iiicurred tlirougli opei'atioiial activities.
Goveriiance costs represent tlie costs associated witli the oovernaiice arraiigeinents of tlie charity wliicli
relate to the (Feneral rLinning of tlie chai'ity as opposed to tliose costs associated witli fundraising OT
cliaritable activity.
Fixed Assets
All taiigible fixed assets are recoi'ded at cost.
Paue 11

FALLS WOMENS CENTRE/ IONAD MNA BHF.4L LTD
FINANCIAL STATEMEI NTS
FOR THE YEAR ENDED 31ST MARCH 2024
ST.4TEMENT OF ACCOUNTING POLICIES
Coiitinued
Depreciation
Depreciatioii is calcLI lated to wi'ite off the cost of fixed assets over theii. estimated usefLII lives
at tlie tol lowino rates:
Play area
Office eqii ipinent, fixtui'es and fittin(>s
Coiiiputei. equipineiit
25 % residual valLie
25 0/0 residual valLie
25 % residual value
Repairs and Renewals
All repairs and reiiewals al'e written off as iiicurred
Pension Costs
The charity does CLin'ently opei'ate a defined conribLltion pension scheine.
Debtors and Prepayments
Trade debtoi's and otlier debtors are recotFnised at the settlemeiit aniolint due afier aiiy discount offei'ed.
Pi'epayineiits are valued at the ainoLint prepaid net of aiiy trade d iSCOLints diie.
Creditors and Provisions
Cred itoi's aiid provisioiis al'e I'ecogn ised whei'e Ilie cliai-ity has a pi'esent obl igation resultiii (s froin a past
eveiit tliat will pi'obably resu It in tlie transfei. of fuiids to a tliird paty aiid tlie ainount dLie to settle tlie
ob l i (yation cali be Ineasiired or estiiiiated reliably. Creditors aiid pi'ovisions are normally recogn ised at
tlieir settleineiit ainount after allowing foi. aiiy ti'ade discounts due.
Financial Instrutnents
The Chai'ity on ly lias financial assets aiid fiiiancial liabilities of a kind tliat q Lial ify as basic financ ial
insti'uments. Basic financial instruments al'e initial ly I'ecognised at transaction value and subsequeiitly
measured at cheir settlenient vallie witli ilie exception of bank loans wliich are subseque11tly Iiieasui-ed at
ainortised cost Lisino the effective intei'est Inethod.
Foreifju Cui'rencies
Monetaiy assets and liabi lities in foi'eion cui'rencies are ti'anslated into sterliiig at tlie rates of exchaii(3e
rLiliiiu at the balance slieet date. Transactions in foreioii curreneies are translated into sterlincl at tlie rate
of exchange ru ling at tlie date of the transaction. ExchancTe d ifferences al'e taken into account in arrivino
at the net movement in fuiids.
Pa(Fe l ?

FALLS WOMENS CENTREI IONAD MNA BHFAL LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
STATEMENT OF ACCOUNTING POLICIES
Continuecl
Fund Accountin
Uni'estricted fLinds are general fLinds Iliat al-e available for use at the TrLlStees' discretion in furtlieraiice of
tlie charitable objectives of tlie cliarity unless the funds have been desigiialed for otliei. purposes.
Designated funds are iinrestricted fuiids Set aside by tlie trustees out of Linrestricted fiinds for specific
futlire purposes.
Restricted fiiiids are those giveii for LlSe in a particular area or foi. specific purposes, Ilie Lise of which is
resu-icted to tliat area or purpose.
Endowiiment fiinds are SLibject to specific conditioiis by doiiors tliat the capital inust be rnaintained by 11)e cliai'ity.
The incoine I'eceived froin fiindei's depends on tlie cliarity rneetiliLTr detailed ci'itei'ia oli ekpenses plans.
Graiils giveii under SLicli conditioiis are also giveii subject to tliein beiiig obtained for in coniiection with tlie furtli¢rance of tlie
cliarity's aims and objectives.
Slich incoime cali be repayable to Ilie flinder if siicli expeiises plaiis aiid criteria are iiot Inet.
SLicli incoine is oiily deferi-ed wlieii tlie doiior specifies tliat Ilie grantldoiiation Inust only be Lised in fiitiii'e accolllltiiig periods.
or tlie donor has iinposed eoiiditions wliicli InLlSt be mel before the cliai'ity has Linconditioiial eiititleineiit.
Iiicoine froiii cliaritable activities inclLides iiicoine received Linder conti'acl or where entitleiiient lo graiit fLiiiding is subject
to specific peiformaiice coiiditions is I'ecogni5ed as earned as tl)e related goodslservices are pi'ovided.
Graiil ii)come iiicllided in this categoiy provides fundiiig to SLlPPOrt perfonnance activities aiid is i'ecognised wliei'e
tliei'e is eiititleinent, certainty of receipt and tlie ainouiit can be Ineasured with SLifficient reliabi lity.
Iiicoine is deferi-ed wheii.. fees/pei'forinance related grants are received iii advance of tlie pei'foi'manceleveiit to
which tliey relate.
RLseri'es Policy
Unresli'icted fLiiids are needed to provide fLinds wliicli cali be appl led to specific projects lo enable
these projects to be Liiideilaken at short notice and to cover tlie riiiiiiing costs of tlie Charity for a liinited
period. slioLild tliei-e be a significaiit slioitfall in projected iiicoine.
Tlie Directors consider it prlideiit that Linrestricted reseives slioLild be sufficient to avoid tlie necessity of
realisiiig fixed assets lield for Ilie Chai'ity's Lise aiid to cover tlii'ee moiitlis of gl'oss average aiinLial uiirestricted eKpendilLlI'e.
Paoe IJ