Company Registration Number N1055693 Charity Registration Number NIC101271 Belfast Central Mission (A company limited by guarantee) Annual Report and Financial Statements for the year ended 31 December 2023 Belfast Central Mission (A company limited by guarantee) Annual report and financial stateKllents for the year ended 31 December 2023 Contents Page Trustees. annual report (incory)orating the strategic report) Independent auditorfs report 15 Statement of financial activities (incorporating the income and expenditure account) 18 Balance sheet 19 Staternent of Cash Flows 20 Notes to the financial statements 21 Belfast Central Mission (A company limited by guarantee) Trustees, annual report, incorporating the Strategmc Repor( for the year ended 31 December 2023 The Trustees, who are also directors for the purposes of company law, present their report and the financial ststements of the charitable company for the year ended 31 December 2023. Reference and administrative details Trustees Mr R Black {Chairperson) Rev D Campton Mr C P Clarke Mrs M Copeland Miss M J Dwyer Mr J D Edmondson (Treasurer- resigned June 2023) Mr D Ferguson Dr D Gallagher Mrw J Halliday {Resigned July 2023) Miss S Mccaughan (Resigned October 2023) Mrw Robinson Rev S Sheerin Mrs H Taylor (Appointed September 2023} Superintendent Rev D Campton Chlef Executive Mr N Conway Deputy Chlef Executlve l Dlrector of Care & Quality Governance Position made redundant. Head of Community Services Mrs J Love Head of Residentlal Servlces Mrs L Payam Head of Business Dèv8lopm8nt Mr A INin {Appointed May 2023) Head of Flnance Mrs J Sloan {Appointed May 2023} Head of HR Mrs J Miskelly (Appointed Sept 2023) Head of Estates & Facllltles Mr N Emery Registered Offlce Grosvenor House 5 Glengall Street Belfast BT12 SAD Reference and administrative details (continued) Auditors Moore {N.I.) LLP Donegall House 7 Donegall Square North Belfast BT15GB Solicitors Cleaver Fulton Rankin 50 Bedford Street Belfast BT2 7FW Bankers Ulster Bank Ltd 11-16 Donegall Square East Belfast BT15UB Investment Custodlan The Trustees of the Methodist Church in Ireland Edgehill House 9 Lennoxvale Belfast BT9 5BY Belfast Central Mission (A company limited by guarantee) Trustees, annual report, incorporatmllg the Strategic Report, for the year ended 31 December 2023 Structure, govemance and management Governing Document Belfast Central Mission is a company limited by guarantee. It is govemed by its revised Memorandum and Articles of Association a(iopted on 18 September 2018. The charitable company is registered with the Charity Commission for Northem Ireland under registration number NIC101271. BCM is the trading name of Belfast Central Mission. The financial statements cornply with the Charities Act (Northem Ireland) 2008, the Companies Act 2006, the Memorandum and Articles of Association, the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) and the Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) {effective 1 January 2015). Organlsational Structure The Board of Directors is responsible for the overall govemance and strategic direction of the organisation. It meets regularly to review BCM'S perft)miance against its charitable objectives and review its financial perfomiance. The Board nsists of a Non-Executive Chairperson, the Superintendent of the Mission (ex officio, appointed by the Methodist Church in Ireland), Secretary lex officiol, Treasurer lex officio), and up to 8 other nominated Directors. At least of the Directors are nominated by the Congregational Meeting of the Grosvenor Hall Sociely. All appointments are confirmed by the members at the annual general meeting. The Board of Directors rnay at any time co-opt up to 2 additional Directors. The Board works dosely wbth the Chief Executive and the Senior Management Team who oversee the operations on a day-to-day basis. Appointment of the Board of Diroctors The Board of Directors is nominated by the Circuit Executive of South and Central Belfast Methodist Circuit sitting as the Genèral Meeting of the Mission Committee of BCM and is reported annually to the Conference of thg M9thodist Church in Ireland. Every effort is made to ensure that there is a widg and relevant skill base amongst the Directors to enable the Board to perfomi its duties effectivaly. Trustee induction and training New Board Members go through an induction process with respect to that which Covers their roles as Directors and as Trustees. They are briefed on their legal obligations under charity and company law, the requirements of the Charity Commission, the content of the Memorandum and Articles of Asso¢iation, thè Strategic Plan, the decision-making processes and recent financial performance of th6 organisation, and operations of the organisation. Board members are encouraged to attend relevant extemal training events lo assist them in the perfomiance of their duties. Pay policy for Key Management Personnel The Board of Directors and the Senior Management Team comprise the key management personnel of the organisation. Details of ￿m￿neratIon of this group are disclosed in note 13 to the financial statements. The pay for all employees, including senior staff, is reviewed annually. The aim is to pay all employees a fair salary that is competitive within the charity sector, proportionate to the complexity of the role and in line with the organisation's charitable objectives and financial budgets. Wider Network and Impact on Operating Policies BCM. a cofflpany limited by guarantee. is also an agency of the Methodist Church in Ireland and seeks to abide by the basic rules of the Church including, but not limited to. no alcohol on properlies and no engagement with, or benefit from, gambling. There is minimal impact on BCM'S operating policies as a result of thi5 relationship. Related parties and co-operation with other organisations Details of related paty transactions are disclosed in note 25 to the financial statements. The organisation has entered into joint management agreements with two local housing associations, working to deliver Housing Support services for vulnerable people. Objectives and activities The primary objects of Belfast Central Mission. as stated in its goveming document, are.. The advancemanl of thè Christian religion in Ireland. 2. The relief of povety. sickness, infi￿rty, or other necessitous circumstanc8s through th8 provision of accommodation. care, Gounselling or education on a cross-community basis for people in Northern Ire18nd who are in need of such provision. Belfast Central Mission (A company limited by guarantee) Trustees, annual report, incorporating the Strategic Report, for the year ended 31 December 2023 During 2023, BCM embarted on a strategic review in adv8nce of 8 new strategic period12024-2027}. We have developed a three-year strategy which will enable the "Provision of quality compassionate support to people at their poirRt of nee(r', which in a shortened fornat is "Supporting people at Iheir poinl of need". We are a diverse organisation operating in a range of settings. We aim to support as many people as we can with a focus on the following slrategic intentions: Excellence in our Dèlivery Recruit and retain the most capable individuals Enhan￿ the well-being and development of our team Communicate more effectively Ensure financial health and viability Understand and ￿SPOnd to service user needs Excellence wthin our Organisation Provide inspirational strategic leadership Maintain the high level of standards across the organisation Remain personvcentred and maintain a positive culture of excellence. integrity and respect Excellence in Sustainability Grow our profilability Diversify our sources of incorne It is important that success is assessed and the primary measures that will be used are.. The number of people helped with a fr)cus on older people.young people and children and families. Stakeholder and service usèr salisfaction. Quality of servic8 delivery. Impact and outcornes measurement. Trustee, employee, voluntaer and congregation satisfaction. Sustainable financial growth. The significant activities undertaken are set out below. categorised under the objects of the Charity. OBJECT ONE: At the heart of the Mission's object of'advancement of the Christian religion. lies the "Grosvenor Hall. congregation, from which the wider wort( of the Mission emerged and which wntinues to worship weekly in Grosvenor House. as part of the Methodist Church in Ireland {MCII, and its South and Central Belfast Circuit, which currently includes three other societieslcongregations= Donegall Road, Belfast South (in the Agape Centre on the Lisburn Road) and the Church of the Resurrection (the joint Methodisvchurch of Ireland Church and Chaplaincy on Elmwood Avenue).11 is through partnership with these congregatiDns and other faith-based organisations, that most Object One activity takes place, together with the developing chaplaincy and worship life at BCM'S Copelands eldedy resid8ntial and dementia care facility in Millisle. building on the experience of providing spiritual support to our Kirk House facility in East Belfasl, where a weekly service of worship also takes place drawing on the support of an ecumenical rota of local ministers. 2023 in Review Weekly Sunday worship in Grosvenor House and pastoral care for the Grosvenor Hall Congregation has continued throughout the year under report, and in partnership with other congregations on circuit other initiatives. including a Book Group, Public Theology Lectures and online seminars, a Centring Prayer Group and hybrid Bible studies have taken place, with joint activities during Advent, Christmas and Holy Week being particularly well supported. For the first time since the Covid-19 pandemic, BCM'S Chiistmas Toy Appeal programme retumed to the Grosvenor Hall, with the traditional launch serviGe led by the Dundrod Silver Band. Congregations across the MCI and beyond have continued to provide strong support for this programme despite the cost-of-living crisis that has affected everyone, including our donors. Wilh their help we supported more than 5000 childrenlfamilies, a 20010 increase on last yoar. As a result of a presentation at the MCI Annual Conference on the cost-of-living crisis, we, together with our sister Methodist city missions, were pleased lo receive a significant un-solicited donation from The Joseph Rank Trust that enabled our Object Two projects to prtsvide addilional nèed-based grants. This is an important reminder ofthe importance Belfast Central Mission (A company limited by guarantee) Trustees, annual report, incorporating the Strategic Report, for the year ended 31 December 2023 of such partnerships going forward. As part of the Four Comers Festival, Grosvenor House hosted the conclusion of this year's 'Wonderful Wanderf, an exploration of the political, economic and spiritual history of our city centre. and in during the week of Homelessness Sunday, we also hosted the touring version of a photographic exhibition launched at Four Comers 2023 which focused on the causes and effects of homelessness. in all its fomis, across our city. This also included, on Intemational Homelessness Day, a conversation with one of our Housing Support workers, and olhers, on the issues involved. In the context of a period of political inertia, as part of the Churches Initiativ8 Group, a long-standing informal nebNork of ministers and faith-based activists focused on peacebuilding. the Superintendenl continued the long tradition of BCM'S involvement in peace and reconciliation work in facilitating a series of Gonversations be￿een local church leaders and political representatives. The Grosvenor Hall Congregation continues to support Belfast Storehouse, a foodlclothinglfumiture project, with monthFy food collection and ongoing fundraising. Weekly worship in both Kirk Hous@ and Copelands continues, with the latter provided by our dedicated Chaplain, Rev. June Parke, who also seeks to support the spiritual wellbeing of residenls, their families and staff. The Superintendent and Copelands Chaplain took part in an "Anna Chaplaincy. training course run by BRF. with a view to onhancing our chaplaincy service in Copelands, Kirk House and across the organisation. We continue to be a training environment for Methodist Ministers in training, with Mrs. Julie Craythome joining us for a o-year period from September 2023. Following the aforementioned Strategic Review, the Board also appointed a Working Paty to review the fijnction, aims and objectives of Object One, and the consequent role of the Superintendent of the Mission in delivering this. In parallel with thls, at th8 end of 2023 the widar South and Central Belfast Methodist Circuit, of which the Grosvenor Hall congregation is a part, completed its merger with Iwo neighbouring circuits to form the Belfast Central and South Circuit. As a result of this, the Mission Superintendent is no longer the Circuit Superintendent, removing some potential conflicts of interest and freeing up additional time and energy for more Mission-focused work. Future Opportunltles: Subject to the oulcome of the Review of Object One by the appointed Working Party -BCM will continue to support the continued existence of Christian faith expression within the city centre of Belfast, which is Currently the Grosvenor Hall congregation, with the expectation that members of that congregation would continue to volunteer wilhin, and fundraise for, the wider work of BCM. As prepare for the retirement of our current Copelands Chaplain in June 2024, our current Minister in Training will tske on that role on an interim basis and we will explore the potential for a more formal partnership wrth 'Anna Chaplaincl, in order to enhance this service. BCM will continue to partner with other organisations to take forward their mutual objects, including- Belfasl Cenlral and South Melhodist Circuit Belfast City Centre Chaplaincy The Four Comers Festival Church Initiatives Grouplcontemporary Christianity Christians Against Poverty Miscellaneous food banks OBJECT TWO 2023 saw a continuance of recovery from the pandemic years, with delivery and funding continuing to stabilize in light of previous disruption. This slability has been felt from the top down. with a settled SMT, a full staff complement in HR and Finance and a new Dev61opmgnt Manager role. Challenges across Object Two services around staff recruitmènt and the rebuilding of staff teams have persisted during 2023, with some momentum gained as new HR structures begin to take effect. Financial perfonnance has been and will continue to be impacted by rising costs, both for staff wages and materials. Belfast Central Mission (A company limited by guarantee) Trustees, annual report, incorporating the Strategic Report, for the year ended 31 December 2023 Despite these challenging operating conditions BCM'S Board, staff team and Management continued to pul the service user and seNice excellence at the heart of everything that we do and highlights of achievements and performan￿ over Ihe year included.. 6504 service users supported. 5050 Chrislmas toy parcels distributed. Full compliance with all regulatory requirements. Copelands fifth household open. Puddleducks and Kirk house back to pre-covid occupancy levels. New Governance guide developed and approved. New strategic planning process developed for implementation in 2023. Reaccreditation of Investing in Volunteers A more detailed raview of the significant charitable activities undertaken is set out below. Housin rt foryoun rP80 le Service Summary: Housing Support for Young People (16-25 years} - located in Amiagh, Dungannon. Magherafelt, North Down and Newtownards. The project supports young people who are homeless, struggling wilh housing issues, 18aving care or requiring help with independent living. It uses a holistic person-centred approach and supports young people to identify and work towards their goals. 2023 In Revlew: 950/¢ of people that referred to HSYP as homeless now have safer and settled accommodation, and this year seen another service user become a homeowner. Exit questionnaires this year had a 760/0 response rate, with 1000/0 of respondents ststing they were 'highly satisfied. with the support received and they would recommend it to a friend. Last year, HSYP underwent a successftjl validation visit and no recommendations for improvement wera mada. Staff continue to be successful with applying for grants. Thi5 money has supported so many young people and helped alleviate some of the financial pressures seNice users were facing during challenging times. The Bryson grant initiative has resulted in 51 seNice users being supported with electric, food or heating. In 2023, Newtownards faced a severe housing crisis, with over 100 households presenting as homeless each month, with the waiting list for housing reaching 3,200 applicants, 2,200 of whom were deemed to be in housin9 Stress. The leading cause of homelessness was accommodation being deemed unreasonable or unfit. To cope with the high demand, 652 placements were made to temporary accommodation over the year, highlighting the instability of the rental market as a contributing factor. 2023 was a year in which we achieved good outcomes for our seNice users and in the main achieved our aims and objectives. In 2023. we supported 56 ofour service users aC￿sS £11,730 worth ofgrants to supporl them at their point of need. We had 98% satisfaction rate from service users and 100 % referral satisfaction rate. 80 % of service users were successful in maintaining their home status with improved outcomes at the end of their period of support during 2023. Future Opportunities.. As we progress through our new strategic period. a major ptiority for HSYP will be how we continue to include the voices of seNice users in shaping our service. This is not only best practice, but increasingly a requirement for future tendering. Across both areas, we are focusing on quality markers for the service and professional standards, and we are working lo enhance ourtraining, monitoring, and approach to due diligence. We have lost a major funding stream this year in the Glasspool fund. which arranged direct support for young people setting up homes. Finding a suitable ongoing replacement for this resource will be vital. A risk as we look lo the future, is also the worrying inGline of young person referrals who demc>nstrate signs poor mental health. Having adequate skills and resources to best serve this user group will be a priority. Housin Su rt for Older Peo Servlce Summary Housing Support for Older People (aged 55+}- located in Amiagh, Newry, Belfast, Craigavon and Dungannon. The project seeks to work in partnership with older people providing practical and emotional housing-related support, enabling them io remain in their own homes for as long as possible. Belfast Central Mission (A company limited by guarantee) Trustees, annual report, incorporating the Strategic Report, for the year ended 31 December 2023 2023 In Revlew: Housing Support for Older People IHSOP South} provided housing-related support to 120 service users across areas within the Southem Trust. The project offers floating support funded by Supporting People, to help older people remain independent at homa. This support focused on direct housing support activities. Given the current housing crisis in Northem Ireland coupled with the cost-of-living crisis, servi¢e users 0ft9n find th8msèlves'stuck' The seNice assists them in accessing appropriate accommodation or remaining safe and well in their homes. promoting independance and combating loneliness and financial challenges. The Belfast seNice enables eldedy residents lo live independently at home for as long as safely possible through its floating support service (up to 160 individuals) and peripatetic service {50 older people). This year, It received 247 referrals. The holistic. person-centered approach provides practical and emotional support acros$ six wr8 areas.. housing. heallhlwellbeing, financial matters, meaningful activities, independent living skllls, and support ne￿orkS. Despite staffing challenges, the serviGe helped Glients maintain tgnancies. manage health needs, accéss benefits, and enhance home safetylsecurity. Extemal funding from NIHE'S Sustaining Tenancies grant allowed supporting 50 lenanls with home maintènanc8lhoarding issues. Future Opportunltles Moving forward, the project aims to maintain steady referrals, reinforce person-centred practices, meet funder targets, and actively involve service users in evaluatingldeveloping offerings. In the 50Uthem area, our service team have had disruption due to matemity leave, and so for 2024 we will be focusing on excellence in resettling our team into best ways of worf(ing. In Belfast, the team are working lo secure additional hjnding to meet complex needs of older people with threatened tenancies. This support is bespoke to the individual, but a common issue continues to be hoarding. and poor upkeep of the home environment. Both the southem and Belfast teams will be focused on maximising our capacity as per our contractual t8￿s. A planned uplift in Supporting People fvnding should have a positive knock-on effect into the HSOP seNice during 2024, and we will continue to engage closely wth our statutory partners to build the service. rted Housin for Youn Peo Service Summary Fourservices continue to operate within fourdifferent HSCT areas in Northem Ireland. offering a tolal of 35 units of accommodation. These include 29 selfwcontsined flats, and the remaining units offer shared acGommodation in of the services. Two of the services are solely for young people who have been in the care of Social SeNices and the ramaining kno also offer additional accommodation to young people who present to the NIHE as homeless. The projecl staff offer both emotional and practical support for up to y8ars to try to ensure that the young people ar6 ready for their own tenancies, have achieved their own g081s and are a positive part of theircommunities. 2023 in review.. B8lfast- In 2023, Grampian Avenue supported a diverse group of Servi￿ users with varying backgrounds Includlng local and intemational individuals, those with physical disabilities, leaming disabilities, trauma experiences, care experiences, and homelessness. Staff demonstrated exceptional commitment, helping service users realize their abilities, self-worth, and potenllal. Notable initiatives included staff training in restorative praCti￿S, participalino in QUB'S youth mentsl health seminar. and activitiès during Homeless Awareness Week. One success story involved a service usar rebuilding family relationships by being closer to home and Ihrough facilitated communication. Slrong friendships also formed be￿een residents. Challenges remain with achieving optimum staffing levels and limited fiJnding for outreach and activities. Desplte this, Grampian Avenue provided tsilored, person-centered support empowering Se￿iCe users and fostering their personal growth. Dungannon.. In 2023, Thomas Street housing empowered seven vulnerable young people through trauma-infomed care and robust partnerships. Despit& severè challenges like aggression, substance abuse, property damage and trauma histories, dedicated staff achieved remarkable outcomes. Residents were supported with benefits, employment, education, tenancy skills, health management and personal development. Staffs specialized training enabled individualiz8d, holistic support. One young person's transfomative journey exemplifies the impact, with substsntial progress in ha￿n reduction. self-regulation and future prospects. Magheraf81t'. Tafelta Rise continued to provide vital services in 2023 through strong partnèrship working and individualized support programs. This multi-agancy approach ensured comprehensive referral assistsnce, residential support, and transition services. Through tailored support plans, residents weré supported across areas like ind&p&nd&nt Belfast Central Mission (A compally limited by guarantee) Trustees, annual report, incorporating the Strategic Report, for the year ended 31 December 2023 living skills, employment, budgeting, and wellness. Three young people successfully moved into their own NIHE tenancies after the program. Feedback praised the valuable support services. Community partnerships allowed for provision of food, gifts, volunteering opportunities, and seasonal celebrations. A new relationship with Timpson Key Specialists contributed £1,500 towards the garden program. Bangor In 2023, Riverside Place continued providing supported accommodation for vulnerable young people aged 1fv 21, aiming to support independence and self-care skills development. Outcomes were excellent across accessing benefits, maintaining tenancies, and developing independent living skills. Managing ment81 health improved significantly, with incidents declining 62°/b from 2022 due to a settled mix and support team. Challenges persisted wtth self-hami, substsnce misuse, mentsl health issues and staffing. Finding 'step down. unsupported housing options for young people leaving the service remained a priority. The service passed a favourable RQIA inspection, and employment and education goals continued lo be positively met. Therapeullc Counselllng for young people {16-25 years} A BACP accredited senior counsellor supports young people wilh a range of issues including depression, anxiety, low self-esleem, identity issues, past abuse, domestic violenGe, bereavement and substance misuse. The seNice is flexible and understsnding ofthe needs ofthis age group. The service can be offered face to face, via telephone or via zoom, following an initial face-to-face assessment. Future Opportunitles We have been w0￿1n9 to increase the contribution from the Housing Executive into our projects, and re- evaluating the balance of funding across all funders is already being worked on to achieve greater sustainability and buy in from our stslutory partners. For 2024, Supporting People funded projects have been earmarked for an increase in contributions from govemment, so a priority will be to ensure that we have a seat at the table in how those increases are dispensed. Stsffing and recruitment continue to be an issue across our houses, and with HR'S support we are working to increasè the effectiveness from our recruitment outreach. We are all too aware that cost of living remains a onGem for our young residents, and we will work to find resources that support both their basic needs and aspirations. One of those unmet needs continues to be lad( of suitable accommodation for those leaving our seNices, and so we are progressing plans to offer slep down accommodation. Within our sites for 2024, in Dungannon we are r&establishing an additional support workerfunded by the Rank Foundation. At Grampian in Belfast, we are wothing to find similar provision after the end of a funded partnership with Hagan Homes. For Riverside, we aim to engage our young people with a programme of arts activities. Al Tafelta. we are building on Ihg success of last yeals gardening and vegetable growing project. and we want our young people lo develop further ideas of how this can benefft themselves and the local community. Resldentlal Care Includln Dementia Care for Older Peo le Servlce Summary Kirk House offers each resident their own small flatlet in a home in which independence {for up lo 46 residents). The stsff prioritize maintaining freedom of choice, self-esleem and dignity for all residents. The level of care each resident receives is tailored to meet their individual needs. Copelands, Residential and Dementia care Opened to its first residents in 2021, providing a stat&of-the•art, purpose-built care home for up lo 60 residents accommodated within six small 'households' of ten. Each room is en-suite and the care offered is person- centered with a wide range of 8menities. We are currenuy registered for 20 residential dementia and 30 residential beds. 2023 in Review In 2023, Copelands continued to grow with the opening of Harbour Way, increasing the total occupiable beds to 50 (20 Dementia residential rooms and 30 general residential rooms). This expansion created further jobs in the local community, with the current staffing team of 67 and ongoing recruitment. Copelands was recognised as one of the lop 20 most recommended Care Homes in Northem Ireland by the Carehome.co.uk Awards. By the Glose of 2023, occupancy was consistently at capacity, with a growing waiting list of naw referrals. We continue Belfast Central Mission (A company limited by guarantee) Trustees, annual report, incorporating the Strategic Report, for the year ended 31 December 2023 to see a high tumover of residents, with people actively choosing to wait until much later in life before moving in. During 2023, this has presented additional complexity on staffing and care provision around which we continue to successfully navigate. In September 2023, Copelands held an official opening and kn-year celebration event, with the Lord Lieutenant of County Down as the ceretnonial guest. Plans for continued development include the appointrnent of a nurse Manager to add nursing care services and support residents with increasing complex care needs. In Kirk House. 2023 was a positive year, with stable occupancy and high levels of service feedback. The retained staff team have been vital to high seNice delivery, with a core team of 34 staff having a combined Servi￿ of 300 years. More community engagement opportunities were provided for residents, and relatives became more involved, fostering a sense of community. Kirk House celebrated its 30th Birthday. a milestone for its well-established reputation. Requests for care have shifted, with more referrals from those seeking social opportunities and companionship, in addition to those requiring physical care. as opposed to the previous preference for remaining at home. Future Opportunltles At Copelands we are progressing plans for a wraparound nursing provision at the home. With added complexity, this will take time to deliver, and so we are also considering options for the sixth household which is currently being held for this seryice. As the business grows into a mature trading position, the priority will be to continu8 to invest in th8 service and facilitles. We are affected across both sites by the ongoing challenges around recruitment, and so we are working to maximize our staffing and delivery models, which at Copelands diffèr slightly in the households of care framewort<. For both sites, recruitment and relention challenges are set within a highly compelitive market for cara and support Pgrsonngl. Communlt Servlces Service Summary Community SeNices Project provides a range of saNic6s for older people in Belfast to promote inclusion, reducing loneliness and social isolation. Activities include lunch clubs and a befriending seNice. A variety of volunteering opportunities are provided. An annual Christmas programme provides a Christmas gift to more than 5,000 children in Northem Ireland. 2023 in review Throughout 2023. we continued to run the Wednesday Lunch Club, providing 35 members a warm space to socialise, enjDy hot meals and entertainment weekly. The club continues to significantly impact mental health through providing companionship and a serbse of PUTpose. These meetings are highly valued by atlendees and volunteers alike, and a challenge for the year ahead will be to reach new faces to replenish our membership. We also continue to Befriendin9 Service for the elderly- a vital service for those who struggle to get out to lunch lub. Special mention must go lo the Christmas Toy Prcoramme, which successfully supplied toys and gifts lo well over 5000 children in need. This has grown in partnership wilh the SUPPDrt of a number of Civil SeNice teams and Saint Vincent de Paul. Our ambition for this annual appeal is to shift the emphasis away from interventions which build dependency, and in 2024 we hope to contribute to causes which cut the cause of need off 8t the source. Future Opportunltles We continue tD work towards expanding our programme on offer for our service users. Numbers using some of the services have begun to decline, and so a renewed push for volunteers and users will be a priority for the coming year. Having successfully renewed our Investing in Volunteers Award, we a￿ keen to rebuild our voluntary pres6nc6 across our services through wider outreach and training in our community settings. In working closely with the Trussell Trust, we are also keen to develop conversations around how the benefit of the Christmas Toy appeal can be enh8n￿d- looking at the impacts of that work and working collaboratively to discourage dependency or misuse ofthat servi￿. 10 Belfast Central Mission (A company limited by guarantee) Trustees, annual report, incorporating the Strategxc Report, for the year ended 31 December 2023 Parent Su rt Services Service Summary Parents, Support and family support services are available in AmiaghlDungannon and North Down and Newtownards. We provide support to families to provide responsive nurturing care for their children erbsuring their safety and helping them reach their developmental milestones. We offer practical and emotional support to parents to enhance their parenling capacity. 2023 in Review Newtownards.. In 2023, 27 group sessions were delivered for families, and the Community Family Support Service for families with children aged 0-5 continued to grow and develop. The excellent work of the support workers led to positive outcomes for families leaving Ihe setvice. wilh a 100 /9 satisfaction rate from service users and referral agents. Dungannon-. Now in its 11th year and 5th year funded through the Southern Trust, the project has seen a sustained need and growing demand, illustrated by an increase in referrals from the Family Support Hub, which is projected to continue as family needs become more complex. The project benefits from Ihe commitment of three wonderful volunteers who have thrived in 2023, maximising opportunities to impact families and gain valuable experiences. Future Opportunities Sustainability is a central theme for both seNices. In Dungannon a new period of tendering in mid-2024 will detemiine how the service is funded in coming years, with a procurement exercise underway for the entire southem Trust area. In Newtownards we lack a similar contractual approach for this type of service. Thè seNice th6re has recently reached the end of 8 funded period with Comic Relief. Although successful with some smaller funders, we have yet to secure significant long-tem funding to support the development of the service beyond 2024. Securing long term funding will therefore be an immediate priority for both services. Puddleducks Da Nurse Sèr¥lce Summary Puddleducks was created in 2012 to support the charitable work of Belfast Central Mission and is registered for 70 children aGros$ 4 rooms. Although, as a business we must be self-sufficient and generate profit for BCM, we must also comply with the "Minimum standards for child-minding and Day Care for children" 12012- amended 2018 -DHSSPS). Puddleducks is very aware of the high standards set across the wider organisation of BCM and strive to not only meet the minimum standards, but endeavour to create a reputation for best practi￿ in providing the highest standard of childcare and leaming experiences for all registered children 2023 In Review This year was challenging for Puddleducks. with occupancy levels impacted by hybrid wotl(ing increasingly as the year went on. Since COVID this has been on the rise, but the effects haven't been fully fell until now when the lasl 'full cohorts, have started to graduate. We have had to work harder than ever to promote city centre childcare as a viable option for parenls. Promotional activities like a new website, leaflet drops, paid ads, and staff corllpelitions helped. but word-of-mouth remains the best source of referrals. Despite conceffts, Puddleducks maintains a reputation for high-quality earfy years care and education with an enthusiastic staff team. Highlights included winning the Family First Award for 'Exceptional Day Care,, attending Stomiont meetings, receiving the Daynurseries.co.uk Top 20 Award., achieving a 5. Food Hygiene rating, and once again our annual inspection was positive. Future Opportunities In response to the loss of some of our user audience. a ptiority for 2024 are to drive occupancy levels back to pre-pandemiG levels. To do this we a will build wider business partnerships with employers to directly appeal io parent users of the seNlCe. We also have plans to refresh and upgrade our outdoor play space and will be fundraising to help resource this project as a priority in response to user feedback. Other Futur8 0 ortunitiès During 2023, the BCM team embarked on a partnership project with the Trusse11 Trusl in the gr8at6r Belfast area. The purpose of the role is to build the campaigning power of people affected by poverty- supporting them to speak out towards poliGy makers and communily stakeholders on issues where they can make a difference. We have supported in hosting a post that commenced in April 2024 that runs for an initial two years. Belfast Central Mission (A company limRted by guarantee) Trustees, annual report, incorporating the Strategic Report, for the year ended 31 December 2023 Th6 organisation is proceeding with the receipt of the fom)er Sandy Row Methodist Church premises, whose Gongregation has now merged with the Grosvenor Hall congregation. Upon completion of that transfer, we will gain a better understanding ofwhat community benefit seNices could operate from that location, existing or new. DIRECT BENEFICIARIES {durfing 2023) Housing Support- 415 older people Housing support-329 younger people Parent and family support- 100 families Christmas Support- 5050 children Puddleducks Day Nursery- 80 children Therapeutic Counselling Se￿iCe - 33 individuals Residential with care: 132 older people SLJPPOrted Housing: 35 younger people Lunth dub: 35 older people Volunteering: 15 befrienders and 5 lunch club volunteers 6504 people diredly supported. Housing Support for Young People {1&25 years) mid-ulsler As a result of the support provided by the serv¢ce 95010 of referrals to HSYP as homeless now have more settled accomodation. 560/0 increase in refeffals 204 young people supported 15K in support grants dispensed. Housing support for young People (16-25 years) North Down & Ards area As a result of the support provided by the service 125 people were supported. 800/0 were supported maintained their home ststus. 1000/0 of users felt more secure in their homalreceived more benefits. Housing Support for Older People (aged 55+ years) Belfast As 8 result of the support provided by the service 247 were supported to aGc6ss ￿leVant beneffts. 50 tenants were supportad with home maintenancelhoarding issues. 1009/0 were supported to manage their physicall mentsl health 97¥0 were supported lo contribute to a wider society. Houslng Support for Older People (aged 60+ years) Southern Area As 8 result of the 6UPPQrt provided by the service 168 new r8ferrals into the service from local partners. 36 household deep cleans delivered. 96 % maintained their independence at home. 99 % elt more secure because of support provided. 97 % were supported to manag8 their physicavmental health. Parent Support and Famlly Support Ards & North Down area As a result of support 34 families were supported. 677 home visits were completed. 80 Individuals directly supported Parent Support and Family Support in Armagh IDungannon arèa As a result of support 783 people helped by telephone advice and signposting. 66 families supported 100 % of parents felt more confident and wellbeing had improved 12 Belfast Central Mission (A company limited by guarantee) Trustees, annual report, incorporating the Strategic Report, for the year ended 31 December 2023 Public Benefit Statement In setting objectives and planning activities for the year the Trustees have given Ca￿ful consideration to the Charity Commission for Northern Ireland's guidance on public benefit and are confident that the activities have helped to achieve the charity's purposes and provide a benefit to the beneficiaries. Financial review Details of the results for the year a￿ set out in the Statement of Financial Activities on pa9e 18 anij the related notes. The charity had net outgoing resources forlhe year of£13,590 and the net movement in funds amounted to £1180 in the yèar, aftergains on investments of £14,770 The greater part of ch8ritable income has been used to meet th8 Cost of carying out the organisation's charitable objectives by providing support and care through various projects ft)r both young and older people. Income comprises funding for the sprvices BCM provides on behalf of the statutory sector, income from donations, appeals and legacies, income from charitable trusts, income from fundraising activities and income from small trading activities. The continued support from our donors has been invaluable. We are grateful to all the organisations and people who have financially supported us throughout the year. It is the opinion of the Directors that the market value of the propety is in eX￿sS of the net book value as disclosed in the balance sheet on paga 25. Investment powers and poliGy Investments shown in note 18 to the financial statements are made in line wlth the policies of the Trustees of the Methodist Church in Ireland. The Directors intend that the real value of the charity's investments be maintained and enhanced over the long terrn by investrnent in a portfolio comprising equities, fixed income stocks and cash. They seek to achieve a balanced investment return from income and capital, with moderate risk. It is the charity's policy specifically to include investments which are consistent with the ethos of the Methodist Church. The proportions invested in equities, fixed income slocks and cash are reviewed from time to time to establish the ongoing suitability of that element of the investment policy. Please note that the investment portfolio was disposed of during 2023, and herein this section will no longer fomi part of the report unless new investing activity is undertaken. Rèserves pollcy BCM'S reseNe policy recognises the need to use voluntary income lo provide services for young and older people and the need to ensure that, once commitment has been given, sufficient funds exist to meet Ihe commitment for as long as it is required and appropriate. However, the organisalion must also ensure ihat relatively minor disruptions to its financial plans, or delays in receiving funding, do not result in having suddenly to ￿ase activities in order to balance the books. The existing reserves poliGy has been established whereby the unrestricted funds not committed or invested in tangible fixed assets {ihe free reseNes) held by the charity should be between 6 and 9 months of the un￿StriCted resources expended. These reserves are needed to meet the working capital requirements of the charity and therefore to enable it lo continue its current activib"es. Free reserves currently stand at £1,773,173 Idesignaled funds are excluded) which approximates to 4.6 months-unrestricted expenditure. This h85 arisen due to the investment in the Copelands Care Home. The Directors have considered the position and intend to retum to holding 6-9 months free reserves over the next three years. 13 Belfast Central Mission (A company limlted by guarantee) Trustees, annual report, incorporating the Strategic Report, for the year ended 31 December 2023 Principal risks and uncertainties Effective risk management is essential to keep Service Users and staff safe, to protect and grow both funding and reputation, and to meet the expectations of supporters and donors. All typ8s of risks aré considered, both intemal and extemal, when reviewing and updating the risk register. Principal risks are defined as those that, without effective mitigation. are highly likely to occur and would have a severe impact on the organisations work, reputation or ability to achieve its objectives. The risk areas considered as part of BCM'S risk register include.. StrategiG Financa Operations External Legal and compliance All risks are managed through senior stsff identifying and managing risks as an integral part of their daily work, through staff in outlying projects reporting significanl risks to senior management and through reporting mechanisms to the Trustees at Board meelings. The reporting of major risks at Board Meetings allows the Trustees to challenge any assumptions the organisation has made about risks and understand the context in which decisions are taken. This assists them to ensure Ihat the most serious risks are being effectively managed. This risk management process aims to provide reasonable. but not absolute, assurance that thg organisation is protected. Signed on behalf of the trustees Mr R Black {Chairpersonl Approved by the Trustees on 17 September 2024 14 Belfast Central Mission (A company limited by guarantee) ha MOORE Independent auditor's report to the members of Belfast Central Mission for the year ended 31 December 2023 Opinion We have audited the financial statements of Belfasl Central Mission (the 'charitable company'l for the year ended 31 December 2023 which comprise the statement of financial activities, the balance sheet, the ststement of cash flows and the related notes lo the financial statemenls. including a summary of significant accounting policies. The financial reporting framewort( that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. including Financial Reporting Slandard 102 The Financial Reporting Stsndard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice}. In our opinion, the financial statements.. give a true and fair view of the state of the charitable companls affairs as at 31 December 2023 and of its incoming resources and application of resources. for the year then ended.. have been property prepared in accordance with United Kingdom Generally Accepted Accounting Practice. and have been prepared in accordance with the reqU1￿MentS of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Stsndards on Auditing (UK) (ISAS {UK)l and applicable law. Our responsibilities under those stsndards are further described in the Auditorfs responsibilities for the audit of the accounts section of our report. We are independent of the Gharitable company in accordance with the ethical requirements Ihal are relevant to our audit of the accounts in the UK, including the FRC'S Eihical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence wè have obtained is sufficient and appropriate lo provide a basis for our opinion. Conclusions relating to going concern In auditing ihe financial statements, we have concluded that the trustees, use of the going conc8m basis of aGcounting in the preparation of the financial statemenls is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on tho charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial ststements are authorised for issue. Our responsibilities and the responsibilities of the trustees ￿th respect to going concern are described in the relevant sections of this report. Other information The trustees are responsible for the other infornation. The other information comprises the infomiation included in the annual report, other than the financial statements and our auditorfs report thereon. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. In connection with our audil of the financial stalements, our responsibility is to read the other infomiation and, in doing so, consider whelher the other infomiation is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstaternents, we are required to detemiine whether there is a material misstatement in the financial statements or a material misstatement of the olher information. If, based on the work we have perfonned, we conclude that Ihere is a material misstatement of this other infomiation, we are required to report that fact. We have nothing to report in this regard. Matters on which we are required to report by exception We have nolhing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion- the infomiation given in the financial statements is inconsistent in any material respect with Ihe Directors, report., or sufficient accounting records have not been kept- or the financial ststements are not in agreement with the accounting records., or we have not received all the information and explanations we require for our audit. Responsibilities of Trustees As explained more fully in the statement of trustees. responsibilities. the trustees are responsible for the preparation of the financial statements and for being satisfied Ihat they give a true and fair view, and for such internal controls as the trustees detemiine is necessary lo enable the preparation of financial statements that are free from material misstatement, whether due to fraud or 8rror. 15 Belfast Central Mission (A company limited by guarantee) ha MOORE llldependent auditor's report to the members of Belfast Central Mission for the year ended 31 December 2023 In preparing the financial statements. the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as 8pplic8ble, matters related to going concern and using the going concem basis of accounting unless the trustees erther inlend to liquidate the charitable company or to cease operations. or have no realistic altemative but to do so. Auditor's responsibilities for the audit of the financial statements We have been appointed as auditors under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objeciives are to obtain reasonable assurance about whether the financial statements as a whole are free frorn material misstatement. whether due to fraud or error. and to issue an auditorfs report that includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or e￿or and are considered material if, individually or in the aggregale. they could reasonably be expected to influence the economic decisions of users taken on Ihe basis of these financial ststements. Irregularities, including fraud, are instances of F)On-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above. to detect material misstatements in respecl of irregularities. including fraud. The extent to which our procedures are capab16 of detecting irregularities, including fraud is detailed below. Explanatlon as to what extent the audit was consldered upable of detectlng Irregularltles, Includlng fraud The objectives of our audit in respect of fraud. are,. to identify and assess the risks of malerial misstatement of the financial statements due to fraud,. to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud, through designing and implgmenting appropriate responses to those assessed risks. and to respond appropriately to instances of fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests wlth both managemènt and those charged with governance of the charitsble company. Our approach was as follows.. We obtained an understanding of the legal and regulatory requirements applicable to the charitabl8 company and conSide￿d thatthe most significantare the CompaniesAct 2006. the Charities Act2008. the Charity SORP, and UK financial reporting standards as issued by the Financial Reporting Council We obtained an understanding of how the charitable company complies with these requirements by discussions with management and those charged with govemance. We assessed the risk of material misststement of the financial slatements, including th& risk of matarial misstatement due to fraud and how it might occur, by holding discussions with management and those charged with govemance. We inquired of management and those charged with gov8mance as to any known instances of non-compliance or suspected non-compliance with laws and ￿gUlations. Based on this understanding. we designed specrfic appropriale audit procedures to identify instances of non- compliance with laws and regulations. This induded making enquiries Df management and those charged with govemance and obtaining additional cotroborative evidence as requiied. As part ofan audit in accordance with ISAS (UK) we exercise professional judgement and maintain professional scepticism throughout the audit. We also.. Identify and assess the risks of malerial misstatement of the financial statements, whether due to fraud or errDr. design and perfom aLJdil procedures respDnsive to those risks, and obtain audit evidence that is sufficient and appropriate lo provide a basis for our opinion. The risk of not detecting a material misslatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresantations, or the override of intamal control. Obtain an understanding of intemal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purposes of expressing an opinion on the effectiveness of the charitable company's internal conlrol. Evaluate the appropriatsness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by tha trustees. 16 Belfast Central Mission (A company limited by guarantee) ha MOORE Independent auditor's report to the members of Belfast Central Mission for the year ended 31 December 2023 Condude on the appropriateness of the trustees. use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists relaled to events or conditions thal may casl significant doubton the charitable company'sabilityto continue asa going concem. Ifwe conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to Ihe dale of our auditor's report. However, future events or conditions may cause the charitable company to cease to continue as a going con￿rn. Evaluate the overall presentation, slnJGture and content of the financial statements, including the disclosures, and whether the financial statèments represent the underfying transactions and events in a mannerlhal achieves fair presentation. We communicate with those charged with govemanc8 regarding, among other matters, the planned scope and timing of the audit and significant audll findings, including any significant deficiencies in intemal Gontrol that we id6ntify during our audiL A further déscription of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: htt 'llwww.frc.or .ukJaudilorsres onsibilities. This description fomis part of our auditor's report. Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might stsle to the company's members those matters we are required to slate to them in an auditors report and for no other purpose. To the fullest extent pemiitted by law, we do not accept or assume responsibility to any party other than the charitable company and charitable companws members as a body. for our audit work, for this report, or forthe opinions we have formed. & 9.F&<4 Dr Rosemary Peters Gallagher OBE FCA Chartered Accountants Statutory Auditor 4th Floor Donegall House 7 Donegall Square North Belfast BT15GB Moore (Nl) LLP is eligible for appointment as auditor of the charitable company by virtue of ils eligibility for appointment as auditor of a company under of section 1212 of the Companies Act 2006 17 Belfast Central Mission (A company limited by guarantee) Statement of Financial ActivRties (incorporating the income and expenditure account) for the year ended 31 December 2023 Note Unrestricted funds Restricted funds Total funds 2023 Total funds 2022 Income from: Donations and legacies Charitable acliviti8s Other trading activities Investments Olher Total incon 152,994 4,765,042 63,701 47,472 12,643 5,041,852 27,603 2,618,567 180,597 7,383,609 63,701 47,472 25,666 7,701,045 206.950 7.158.751 37,024 14,402 2,379 7.419,506 13,023 2,659,193 Expenditure on: Raising funds Charitable activities Totsl expenditure {34,908) (4,636,167) (3,043,560) {4,671,075) (3,043,560) (34,908) {7,679,727) (7,714,635) (91,213) (7.118,3651 (7,209,578) 9,10 Net (expendllure)Iln¢ome before galns on invèstmonts 370,777 {384,3671 (13,590) 209,928 Net (lossesygains on investments 14,770 14,770 (86,153) Net income before transfers 12 385,547 (384,3671 1,180 123.775 Transfer between funds (128.673) 128.673 Net movement in funds 256,874 {255,694} 1,180 123,775 Reconcilialion of funds Total funds brought foMard Total funds carried fonvard 7,320,740 7,577,614 255,694 7,576,434 7,577,614 7,452.659 7,576.434 The Statement of Financial Activities includes all gains and losses in the year and therefore a stalement of comprehensive income has nol been prepared. The Statement of Financial Activities (incorporating the incoma and expenditure account) is includ6d In note 5 to the financial statemenis for the prior year ended 31 December 2022. The notes on pages 21 to 33 fom part of these financial statements 18 Belfast Central Mission (A company limited by guarantee) Balance sheet as at 31 December 2023 Note 2023 2022 Flxed assets Tangible assets Fixed asset investments 17 18 5,805,783 5,937,326 682,070 6 619,396 5 805 783 Current assets Debtors Cash at bank and in hand 19 189,377 2,522,076 2,711,453 671,331 1,054,962 1,726,293 Liabllltles Creditots= amounts fallin Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year Net assets due within one ear 20 939,622 1,771,831 7,577,614 769,255 957,038 7,576.434 7,577,614 7,576.434 Thè funds of the charltable company Restricted income funds Unrestricted income funds Total funds 22 23 255,694 7.320,740 7,576,434 7,577,614 7,577,614 These financial statements were approved by the Trust88s and authorised for issue on 17 September 2024 and are signed on their behalf by.. @Z(A-J" Mr R Black (Chairperson) Dr D Gallagher Company Registration Number.. N1055693 The notes on pages 21 to 33 form part of these financial statements 19 Belfast Central Mission (A company limited by guarantee) Statement of cash flows for the year ended 31 December 2023 Note 2023 2022 Cash flows from operating activities Net cash vided b / used in o eratin aGtivities 27 802.748 185,389 Cash flows from investing activities Dividends and interest from investments Proceeds from disposal of fixed assets Purchase of fixed assets Proceeds from disposal of investments Purchase of investments Net cash provided (used in) /by investing activities 47,472 14,402 17 {79,946} 696,840 (20,408) 664,366 (6.006) Cash flows from financlng actlvltles Net cash rovided b / used in Inancin aclivilies Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting riod Cash and cash oqulvalonts at the end of the reporting rlod 1,467,114 {191.395} 1,054,962 1,246,357 28 2,522,076 1,054,962 The notes on pages 21 to 33 fomi part of these financial ststements 20 Belfast Central Mission (A company limited by guarantee) Charitable company status Belfast Cenlral Mission is a charitable company limited by guarantee, incorporated in Northem Ireland. The registered office is localed al Grosvenor House. 5 Glengall Street. Belfast, BT12 SAD. Accounting policies Basis of preparation The financial statements have been prepared in accordance with the Charities Act (Northern Ireland) 2008, the Companies Act 2006. the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)- (Charities SORP (FRS 102)). BCM meets the definition of a public benefil entty under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless othenmise stated in the relevant accounting policy note. The financial statements are presented in GBP Sterling. which is also the functional currency of the charitable company. Tangiblè fixed assets The cost of tangible fixed assets is their purchase cost, togelher with any incidental costs of acquisition. Depreciation is calculated so as to write off the cost of tangible fixed assets, less their estimated residual values, on a straight-line basis over the expected usefvl economic lives of the assels concèmed. The principal annual rates used are as follows.. Property Fixtures and fittings Office equipmenl Motor vehicles 0-2.5 10&20 10,25&33⅕ 25 Cash and cash equivalents Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of nol more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisilion and that are readily convertible to known amounts of cash with insignificanl risk of change in value. In the Statement of cash flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an inlegral part of the charity's cash management. Income Donations and legacies thal are of a general nature are recognised where there is evidence of entitlement, receipt is probable, and the amount can be measured with sufficient reliability. Gifis in kind are valued at a reasonable estimate of their value to the charity- Gifts donated for resale are included as income when they are sold. No amounts are included in the financial statements for Se￿Ice5 donated by volunteers. Incoming resources from grants where related to Performan￿ and specific deliverables are accounted for as the charity earns the right to consideration by its porformance. Income received relating to future periods is included within deferred income. All income received arose in the UK. Expendilure All expenditure is accounted for on an accruals basis and has been Classified under headings that aggregate all costs related to the category. 21 Belfast Central Mission (A compally limited by guaralltee) Accounting policies (continued) Charitsble expenditure comprisgs those costs incurred by the charity in the delivery of its activities and se￿1￿$ for its beneficiaries. It includes both costs that can be allocated d1￿CtlY to such activities and those costs of an indirect nature necessary to support them. Total expenditure includes the allocation of support costs. Support costs are those functions that assist the work of the harity but do not directly undertake charitable activities. They include back Offi￿ costs, finance, personnel, payroll and govemance costs which support the charitsble company's activities. Support costs have been allocated to activlties on a basis consistènt with the use of resources (e.g. time spent. number of staff, estirnated usage). Irrecoverable VAT Any irrecoverable VAT is charged to the statement of financial activities, or capitalised as part of the cost of the related asset, where appropriatg. Foreign currencies Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Recognition of liabilities Liabilities are recognised when an obligation arisas to transfereconomic benefits as a result of past transactions or events. Fund accounting General funds ara unrestrictad funds which are available for use at the discretion of the Tnjstees in fvrth8rance of the general objectives of the charity and which have not been designated for other purposes. Designated fvnds Comprise unrestrid8d funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordan￿ with specific rastrictions imposed by donors or which have bèen raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. Investment income and gains are allocated to the appropriate fvnd. Pension costs The charity operates a defined contribution pension scheme. The assets of the schama ara hald separately from those of the charitable company in an independenlly managed fund. Contributions are charged to the statement of financial aclivities in the period to which they relate. Investments Investments are stated in thè balanca sheet at market value as at the balance sheet date. The statement of financial activities includes the net gains or losses arising on revaluation and disposal throughout the year. Debtors Short temi debtors are measured at transaction price. less provisions for bad debt. Creditors Creditors are recognised where the charitable company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation Gan be measured or eslimated reliably. Crèditors ar8 nomally recognised at their settlement amount. Operatlng lease agreements Rentals applicable lo operating leases where substsntially all of the benefits and risks of ownership remain wth the lessor are charged against net incoming resources on a straight line basis over the period of the lease. 22 Belfast Central Mission (A company IRmRted by guarantee) Accounting policies (continued) Financlal instruments The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Going concern The directors have assessed that Belfast Céntral Mission has adequate resources to meet the ongoing costs of the entity for a minimum of 12 months from the date of signing the financial ststements. For this reason, the financial statements have b8en prepared on a going concern basis which presumes the realisation of assets and liabilities in the nomial course of business. Significant judgements and estimates In the Trustees, opinions, there are no significant judgements, estimates and assumptions made about the recognition of assets, liabilities, income and expenses olher than those outlined in the accounting policies above. Taxation The charily 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. The charity has partial exemption from VAT and expenditure is recorded accordingly. Statement of Financial Activities (incorporating the income and expenditure account) for the year ended 31 December 2022 Unre$lricted funds Reslrlcled funds Total fund8 2022 Income from: Donations and legaciés Charitable activities Other trading activities Investmenls Oiher Total income 206,461 4,162.823 37,024 14,402 2,229 4,422,939 489 2,995,928 206,950 7,158,751 37,024 14,402 2,379 7,419,506 150 2,996,567 Expenditure on: Raising funds Charitable activities Total expendlture {91,213) (3,971,627) (4,062,840) {91,213) (7,118,365) (7,209,578) (3.146,738) (3.146.738) 360,099 186,153) (150,1711 209,928 {86,1531 Net galns on investm8nts Nel income before transfers 273.946 (150,171} 123,775 Transfer between funds 126,0741 26,074 Net movement in funds 247,872 (124,097) 123,775 ReGonGiliation of funds Total funds brought fonmard Total funds carried forward 7,072,868 7,320,740 379,791 255,694 7,452.659 7,576,434 23 Belfast Central Mission (A company limRted by guarantee) Income from donations and legacies Unrèstricted funds Restricted funds Total funds 2023 Total funds 2022 Donations 60,391 18,957 73.646 27,603 87,994 69.111 Appeals Legacies 18,937 73,646 35,700 102.139 152,994 27,603 180,597 206,950 Income from charitable activities Unrestricted funds Restricted funds Total funds 2023 Total funds 2022 Charitable trusts 47,222 139,823 3,567,056 104,949 47,222 2.090,756 4,341,370 236,011 63,156 2,648.885 Housing Executive Residential rents 1,950.933 774,314 131,062 3,404.546 178.236 Health & Social Care Trusts Congregational Training Other sources 25,370 558 25,370 18,694 558 13.812 880,064 (237,742) 2,618,567 642,322 831,422 4,765,042 7,383,609 7,158,751 Income from investments Unrestricted funds Total funds 2023 Total funds 2022 Dividends 9,003 9,003 9,762 Bank interest 38,469 38,469 4,640 47,472 47,472 14.402 Resources expended on charitable activities by activity type Staff costs Other costs Deprecialion Total funds 2023 Totsl funds 2022 Operating expenses Financing expenses Society expenses 5.712,320 1,709,438 3,608 1,304 211,151 7,632,909 3,608 7.032,394 29,196 41,906 43,210 56,775 5,754.226 1,714,350 211,151 7,679,727 7,118,365 In addition to the depreciation on charitable activities, there is £338 depr8¢iation in raising funds 24 Belfast Central Mission (A company Ilmited by guarantee) 10 Resources expended on charFtable activities by fund type Unrestrlcted funds Restricted funds Total funds 2023 Total funds 2022 Operating expenses Financing expenses Society expenses 4,590,203 3,042,706 854 7,632,909 3,608 7,032,394 29,196 2,754 43,210 4,636,167 43,210 56,775 3,043,560 7,679,727 7,118,365 11 Financing costs Unrestricted funds Restricted funds Total funds 2023 Total funds 2022 Interest payable and similar charges On bank overdrafts 2,754 854 3,608 29,196 12 Net income before transfers 2023 2022 This is ststed after charging: staff pension contributions Depreciation - charge for year (Profityloss on disposal of fixed assets Audito￿, fees 172,520 211.489 191,906 223,754 Audit worf( 5,760 6,137 Non-audit services 13 Analysis of staff Costs, Trustee remuneration and expenses, and the cost of key management personnel 2023 2022 Staff costs Wages and salaries Social security costs Pension costs 4,682,614 362,122 4.596,634 402,063 172,520 191.906 5,217,256 5,190,603 25 Belfast Central Mission (A company limited by guarantee) 13 Analysis of staff costs, Trustee remuneration and expenses, and the cost of key management personnel (continued) Trustee remuneration and benefits arllounled lo £63.320 {2022: £62.178} for the year, being remuneration of £55,033 {2022- £54,041), olher benefits of£72 {2022= £69> and pension contributions of£8,215 {2022'. £8,068). These emolumenls received by Reverend David Campton were in respect of his capacify as Superinlendent of Belfast Cenlr81 Mission and minisier of the Grosvenor Hall congregation and not in his capacity as Tnjstee. The Trustee also received manse accommodation that is typical of such roles. No trustee expenses were paid (2022 - £nil) for Ihe year. No Trustees received payments for the supply of ministerial and organist services (2022 - £nil}. The key manag8mpnt pèrsonnel of the charitable company comprise the Trustees. the Superintendent, the Chief Executive, Head of Community SeNices, Head of Residential Services, Head of Estates & FaGilities, Head of Business Development, Head of HR and Head of Finance. The lolal employee benefits of the key management personnel of the charitable company were £421,039 {2022.' . £573,453). The number of senior staff with employee benefrts (excluding employer pension costs) over £60,000 Band £60,000 - £69,999 £70,000 -£79.999 2023 2022 14 Staff numbers The charitable company reports that the average head count (number of staff employed) during the reporting period was 236 {2022 - 251). These can be analysed by project type as follows: 2023 Number 2022 Number Social & support projects Care projects Management & central administration 107 122 104 19 25 236 251 15 Pensions The charitable company operates a defined contribution pension scheme in respect of the staff. The scheme and its assets are held by independent managers. The pension tharge represents contributions due from the charitable company and amounted to £172,52012022.' £191,906) of which £28.929 (2022: 28,929) was outstanding at the year end. 26 Belfast Central Mission (A company IRmited by guarantee) 16 Transfers between funds 2023 2022 Unrestricted income funds General funds From Restricted income funds {128,673} (26,0741 (Toyfrom Designaled funds (128,673) (26,0741 Desi n2tèd funds Froml(tol General fvnds From Restricted income funds Movement in Unrestricted income funds 128,673 26,074 Restricted Income funds (Tol General funds Movement in Restrictod income funds 128,673 128,673 26,074 26,074 The net transfer of {£128,6731 from unrestricted income reseNes to restricted income resgNes relates to the Supported P80plè Project and is made in order to fund prior year deficits totslling £64,809 and a 2023 deficit of £63,864. 27 Belfast Central Mission (A company limited by guarantee) 17 Tangible fixed assets Long leasehold property Freehold property Fixturès and fittings OhTice equipment Motor vehicles Total Cost At 1 January 2023 Additions 6,748,149 75.000 818,675 69,967 398.326 9.979 11,912 8,052.062 79.946 Disposals At 31 December 2023 6.748,149 75,000 888,642 408,305 11.912 8.132,008 Depreciation Al 1 January 2023 Charge for yèar On disposals 1.199.038 552.965 40.750 350,821 30.017 11.912 2.114,736 140,722 211.489 At 31 D8c8mb8r 2023 1,339,760 593,715 380,838 11,912 2,326,225 Net Book Value At 31 December 2023 5,4808,389 75,000 294,927 27.467 5,805.783 At 31 December 2022 5,549.111 75.000 265,710 47,505 5,937,326 Investment Properties Betfast Central Mission owns an investment property located on 373-375 Springfield Road and leased on a long-term basis to a lornl Gommunity group. (Forthspring Inter Communsty Group) Due to legal issues arising from both the long-term lease and a charge over the property held by the Dept for Education {arising from a historic renovalion capital grant) it has been impossible to determine the fair value of the investment property. The propaty has therefore been included in the accounts at a book value of £nil. 28 Belfast Central Mission (A company IRmited by guarantee) 18 Fixed asset investments Securities 2023 2022 Movement In market value Market value at 1 January 2023 Additions in year Disposals in year Net g8insl(lossesl on revaluations in the year. - own investments 682,070 682,070 768,223 1682,070) (682,070) {84,049) (2,104) 682.070 investments held on behalf of other churches Markel value at 31 December 2023 Historical cost 233,910 233,910 233.910 Analysed by Unlisted securities 682,070 682,070 Analysio of investments at 31 December 2023 between funds Unrestricted funds 2023 Restricted funds 2023 Total Funds 2023 Totsl Funds 2022 Securities 682,327 682,327 All investments are UK investments. 19 Debtors 2023 2022 Amounts fallin Trade debtors due within one ear 72,778 84,645 Other debtors 4.422 581,531 Prepayments and accrued income Amounts due from related paty 116,599 733 189,377 671,331 An impaiment loss of £nil (2022= £14,208> was recognised against trade debtors. 29 Belfast Central Mission (A Company limited by guarantee) 20 Creditors: amounts falling due within one year 2023 2022 Trade creditors 249,484 86,260 509,122 94,756 939,622 204,808 85,491 210,059 268,897 769,255 Taxation and social security costs Other creditors AcGruals and deferred income Accwals and deferred income include deferred grants amounting to £nil (2022: £183,960}. Other creditors inclu(ies a liability of £320.503 relating to the Supporting People Project, funded by the Northem Ireland Housing Executive. 21 Commitments under operating leases At 31 December 2023 the charitable company had future minimum lease payments undgr non-rAnc8llabl8 operating leases as follows: 2023 2022 Not later than 1 year Later than 1 year and not later than 5 years 30 Belfast Central Mission (A company limited by guarantee) 22 Restricted income funds Transfers, Investment galnsl{losses) Balance at 1 Jan 2023 Incomlng resources Resources expended Balance at 31 Dec 2023 Supporting Peo le 255,694 2,659,192 (3,043,559} 128,673 The Supporting People Project provides housing support seNices across Northem Ireland funded by the Northem Ireland Housing Executive and regional Trusts. Detail of the transfer is in note 16. 31 Belfast Central Mission (A company limited by guarantee) 23 Unrestricted income funds Balance at 31 Dec 2023 Balance at 1 Jan 2023 Incomlng Resources Investment resources expended gainsl(losses) Transfers Designated funds General funds 97.544 97,544 7.223,196 5.041,852 {4,671,075) 5.041,852 {4,671,075) 14,770 1128,673) 1128,673} 7,480,070 7,577,614 7.320,740 14,770 Designated funds represent funds set aside for the continued development of our Copelands project la housing ￿hem8 for older people). General funds are amounts which ar8 available for use at the discretion of the Trustees in furtherance of the general charitable objectives of the charitable company. 24 Analysis of net assets between funds Tangible rixed assels Net current assets Long terni liabilities Investments Total Restricted income funds Unrestricted income funds: Designated fvnds General funds 97,544 1,674,287 1,771,831 97.544 7.480,070 7,577,614 5,805.783 5,805.783 Totsl funds 25 Related party transactions At the period end an amount of £nil12022'. £6,184) is owing to Belfast Central Mission by BCM Services Limited. BCM Services Limited has a total of three directors. all of whom are also directors of Belfast Central Mission. 26 Company limited by guarantee Every Trustee promises, if the charitable company is dissolved while such person remains a Trustee or within 12 months afterwards, to pay up to £1 towards the cosls of dissolution and the liabilities incurred by the charitsble company while the contributor was a TNstee. 32 Belfast Central Mission (A company IRmRted by guarantee) 27 Reconciliation of net income to net cash flow from operating activities 2023 2022 Net incomel(expenditure) for the reporting period (as per Ihe siatement of financial activities) Adjustments for: Depreciation charges IGains)Aosses on investments Dividends and interest from investments Lossl(profitl on the sale of fixed assets (Increaselldecrease in debtors Increase/ decrease in creditors Net cash ovided b / used in 1,180 123,775 211,489 {14,770) {47,472) 223,754 86,153 (14,4021 481,953 170,368 802,748 {479,133) 125,536 185,389 ratin activili8S 28 Analysis of cash and cash equivalents 2023 2022 Cash in hand Notice deposits (less than 3 months} Overdraft facilit able on dèmand Total cash and cash 8 ulvalents 19,287 2,502,789 12,594 1,042,368 2,522 076 1,054,962 33