Company registration number.. N1621658 Charity registfdtion number- 101274 South and East Tyrone Welfare Support (A company limited by guarantee) Annual Report and Financial Statements for the Year Ended JI March 2025 Thomas Oliver and Associates Limited Certified Public Accountant l Moygashel Mills Park Dungannon Co Tyrone BT717DH
South and East Tyrone Welfare Support Contents Reference and Administrative Details Trustees, Report 2to6 Independent Examiner's Report 7t08 Statement of FinaDeial Activities 9t0 10 Balance Sheet Notes to the Financial Statements 12to19
South and East Tyrone Welfare Support Reference and Administrative Details Se¢ret*ry Moira McLain Charity ReElStr2tion Number 101274 Company Registration Number N1621658 Registered Office 51 Main Street Moygashel Dungannon Co Tyrone BT717QU Thomas Oliver and Associates Limited Certified Public Accountant l Moygashel Mills Park Dungannon Co Tyrone BT717DH Independent Examiner Page I
South and East Tyrone Welfare Support Trustees, Report The trustees, Ivho are directors for ihe purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended J l March 20?5. Objectives and activities Our activites are of public benefit as we provide welfare support and financial support to individuals who are suffering loss and who are suffering psy¢hologi¢ally and financially. We strive to work with an und¢r-repr¢sented group and have developed a range of initiatives which support such affected individuals which leads to increased social inclusion and increased involement in the community. We promote and hold activites such as counselling, stress management etc to encourage individuals to impmve their general health and wellbeing which facilitates victims or survivors to become happier, healthier 2nd more fulfilled cizens. We also operate a befrtending service which will encourage individuals who are house-bound. ill and who are isolated to still be active within the community and to remain an integral part of the Community. We actively seek to improve the lives of individuals who have been injured or bereaved through no fault of their own. We help to rebuild self li'orth and self esteem among victims and survivors. Further benefits are that financial and economtc deprivation is reduced for the b¢nficiaries through access to advi¢¢ Services and olher interventions. Victims can be empowered through increased education and increased awareness of the active role they can play within mainstream so¢iety. This in turn leads to a strong community spirit and the empowerment of the victimslsurvivors to lead a¢tiv¢ and healthy lives, A core aspect of the work of the organisation is the furtherdnce of human rights of the innocent vcitims and survivors of terrorism and oth¢r 'Trouble related violenc¢'. The organisation pursues opportunities to have issues raised through various strata ensuring that policy 15 developed in accordance with the needs of those to which it primarly effects promoting more equality and reconciliation and ensuring that a historically marginalised group of vietimslsurvivors are supported in having their rights represented and rthered. thus reducing social inequalties. This also has benefits to the wider community in furtherance of a more peaceful and more whesive society. These benefits are demonstrated through obtaining ¢valuation foms for all activities and also asking some participants to feedback to committee meetings orally on both the positive and negative aspects of any activity so that we can use the feedback to plan future event5 and ensure they meet the needs of the beneficiaries. There is no harni flowing from our purposes and we mitigate the possibility of hann by ensuring that appropriat¢ signposting takes place to professionally trained counsellors and advisors on specific areas Such as welfare to ensure that the advi¢e and guidance received is appropriate and beneficial. The charity's beneficiaries are primarily ex-servicemen, who were affected as a result of terrorism and troubles in Northern Ireland, and member organisations representing the interests of th¢se individuals but are also the wider publie by Creating more public awareness of the issues facing such individuals. The only potential private benefit flowing from this purpose is that the trustees can benefit as a beneficiary but would benefit in the saTne ivay as any other beneficiary would not get any preferential treatment. This is inGidental in furthering the overall purpose and only applicable if they fall within the class of beneficiaries. Page 2
South and East Tyrone Welfare Support Trustees, Report Objectives, strategies ond aclivilies nificant activites SETWS Ltd promotes and empowers victims affected as a result of teryori5m. SETWS provides help in order to build capacity, support and friendship in meeting their indivduals and orgnisation's aims. SETWS Ltd are voluntary and proTnote the passage of importaTJt infortnation throughtout the member groups on issues such as opportunities, benefits , training and will look to provide events and activities in the interests of the member grooups. We further seek to identify the needs of the local area and where possible respond with positive action to address these needs. We provide social welfare services and the provision of welfare rights advice and information and refer to those in need of professional a5515tance to the relevant agencies. SETWS promote 2nd Cary put, or assist in promoting and carrying out research, surveys and investigations and publish the useful results thereof: Organise or assist in oran1$1ng meetings, lectures, classes and exhibitions, and publish or assist in publishing reports periodicals, recordings. book or other documents or infomiation. Facilitate the recruitment and training of volunteers for member organisations with relevant skills to carry out the objectives of SETWS- Employ, and pay at)y person or persons, not bein¢r a member of the Commiittee, to supervise, organise and carry out the work of SETWS Ltd and make all reasonable and necessary provision for the payment of remuneration to employees. We promote and organise cooperatton in the achievements of the above objects and io that end. To work in association with local authorities and voluntary organisation5 enoaged in the furtherance of the above objects in the area of benefit. We establish or support any charttable trusts, associations or institutions fomed for all or any of the above objects. The relief of those in need by reason of youth, age, ill-healtli, diability. financial hardship or other disdvantage How: Adviceladvocaylinforniation Arts Community development Coun5ellinglsupport Cultural General charitable puropses Grant making Human right51equality Medical/healtFblsickness Relief of poverty Volunteer development Welfare/benevolent Who:_ Carers Men Mental health Older people Physical disabilites Victim support Volunteers Women Page 3
South and East Tyrone Welfare Support Trustees, Report Public benefit The objects for which the Charity is established ("the objects) are a) to provide support, assistance and infom)ation directly or IndiCtlY to ex service persons and member organisations in South and East Tyrone affected by teorIsM b) to further and build awareness to the needs of ex s¢rvice persons and associated member orgainsations in South and East Tyrone, in relation to education and research ¢) to promote and influence effe¢tive care. social support, welfare involvement and support for ex service persons and member organisatios in South and East Tyrone affected by terrorism. In these Article. "people affected by terrorism" include individuals who have served in the Seeurity Forces, their cares. families. and any assoeiated organisations directly od indirrctly affected by terrorism Trustees and officer5 The trustee5 and officers serving during the year and since the year end were as follows: Trustees.. Moira McLain Eileen Roleston Webb {appoini¢d 22 October 2024) Mr Nom)an Thom (appointed 22 October 2024) Mr Samuel Moore (appointed 22 October 2024) Mr Archibald Roleston Secretary: Moira McLain Structurey governance and management Finaneial iDStruments Objeclives andpolicies The charity's activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the cliarity's policies approved by the board of trustees. which provide written principles on the use of financial derivatives lo manage these risks. The charity does not use derivative finan¢ial instruments for speculative purposes. Cashflow risk The eharity's activities expose it primarily to the financial risks of changes in foreign ¢urren¢y exchange rates and interest rates. The charity uses foreign exchange forward contracts and interest rate swap contracts to hedge these exp05ures. Interest bearing assets and liabilities are held at fed rat¢ to ensure certainty of cash flows. Page 4
South and East Tyrone Welfare Support Trustees, Report Credil risk The cliarity's principal financial assets are bank balan¢es and ¢ash, trade and other receivables, and investments. The charity's credit risk is primarily attributable to its trade receivables. The amounts presented in the balan¢e sheet are net of allowances for doubtful receivables. An allowanee for impairnient 15 made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows. The credit risk on liquid funds and derivative financial instruments 15 limited because tlie countetparties are banks Ivith high credit-ratings assigned by international credit-rating agencies. The charity has no significant concentration of credit risk, with exposure spread over a large number of counterparties and customers. Liquidity, risk In order to maintaiii liquidity to ensure that sufficient funds are available for ongoing operations and future developments, the charity uses a mixture of long-term and short-term debt finance. Further details regarding liquidity risk can be found in the Siatement of accounting poliGies in the finan¢iaJ statements. Staternent of tru5tees' responsibilities The trustees (who are also the directors of South and East Tyrone Welfare Support for th¢ purposes of company law) are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Aceepted Ac¢ounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Company law requires the trustees to prepare financial statetn¢nt5 for each financial year. Under company law the trustees must not approve th¢ financial stateTnents unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the in¢oming resources and application of resources, including its income and expenditure. of the charitable company for that period. In preparing these financial statements, the tStetS are required to: select suitsble accounting polieies and apply them eonsistently. observe the methods and principles in the Charities SORP,. make judgements and estimates that are reasonable and prudent. state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements. xnd prepare the financial statement5 on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The ISteeS are responsible for keeping proper accounting records that can dis¢lose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006and Charities Act (Northern Ireland) 2008. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irreuularities. Page 5
South and East Tyrone Welfare Support Trustees, Report The trustees are responsible for the maintenance and integrity of the corporate and financial inforniation included on the charitable company's website. Legislation governing the preparation dissemination of financial statements may differ from legislation in other jurisdictions. The annual report was approved by the trustee5 of the ¢h2rity on 18 December 2025 and SIned on its behalf by: Moira McLain Company Secretary and Trustee Mr Archibald Roleston Trustee Page 6
South and East Tyrone Welfare Support Independent Examiner's Report to the trustees of South and East Tyrone Welfare Support ('the Company,) I report to the charity trustee5 on my examination of the accounts of the Company for the year ended 31 March 2025. Respective responsibilities of trustees and examiner As the charitv's trustees of South and East Tyrone Welfare Support (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of ihe Charities Act (Northern Ireland) 2008. Having satisfied myself that the accoun15 of South and East Tyrone Welfare Support are not required to be audited under section 65 of Charities Act INorthem) Ere12nd 2008 and that an independent examination is needed. It is my responsibility to:_ examine the accounts under section 65 of the Charities Act to follow the procedures laid domryj in the general Directions given by the Charity Commission for Northern Ireland under section 65 {9)(b) of the Charities Act to state ivhether particular matters have come to my attention Basis of Independent Examillers, Report I have examined your charity accounts as required under section 65 of the Cl)arilies Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northem Ireland under section 65(9){b) of the Charities Act. An examination included a review of the ac¢ounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or di5¢1osures in the accounts, and seeking expalnations from the trlislees concerning any such matters.. I confitTn that no matters have come to my attention in connection with the examination giving me cause to believe- l. That accounting records were not kept in respe¢t of South and East Tyrone Welfare Support as required by section 63 of the Charities Act- or 2. That the accounts do not accord with those records. or 3. That the accounts do not comply with the accounting requirements of the Charities Act. 4. That there is fvrther infomiation needed for a proper understanding of the a¢counts tobe reached. Page 7
South and East Tyrone WeIfare Support Independent Examiner's Report to the trustees of South and East Tyrone Welfare Support ('the Company,) Independent Examiner's Statement I have completed my examination and have no concerns in respe¢t of the matter (l) to (4) listed above and in conne¢tlOTYS With the following directions of the Charity Commission for Northern Kreland, I have found no matters that require drawing to your attention Thomas Oliver and Associates Limited Certified Public Accountant l Moygasli¢l Mills Park Dungannon Co Tyrone BT717DH 18 December 2025 Page 8
South and East Tyrone Welfare Support Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestricted funds Total 2025 Note Income and Endowments from: Donations and legacies Other income 78,950 3,614 78.950 3,614 Total income 82.564 Expenditure on: Raising funds Charitable activities (75,496} (4,512) (75,496) (4,512) Total expenditure {80,008) (80,008) Nei income 2,5)6 2,556 Net movement in fund5 2,556 2,556 Reconciliation of funds Total funds brought foNard Total fund5 catTied fonvard 31,528 31.528 16 34,084 Unrestricted funds 34,084 Total 2024 Note Income 2nd Endowments from: Donations and legacies Other income 87.156 87,156 3,614 Total income 90,770 90,770 Expenditure on: Raisintr funds Charitable activities (78.169) {4,609) (78,169) (4.609) Total expenditure {82,778) (82,778) Net income 7,992 7,992 Net movement in funds 7,992 7,992 Reconciliation of funds Total funds brought forward Total ndS carried forward 16 31.528 31,528 The notes on pa(Tes 12 10 19 fomi an integral part of these financial statements. Page 9
South and East Tyrone Welfare Support Statement of Financial Activities for the Year Ended 31 March 2025 ncluding Income and Expenditure Account and Statement of Total Recognised Gains and Losses) All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 16. The notes on pages 12 to 19 forni an integral part of these financial statements. Page 10
South and East Tyrone Welfare Support {Registration number: N1621658) Balance Sheet as at 31 March 2025 2025 2024 Note Fixed assets Tan(rible assets 2,193 5,925 Current assets Debtors Cash at bank and in hand 12 79 42,731 61 38,486 42,810 Creditors: Amounts fg11iDg due within one year Net eurrent assets 14 (10,919) (12,944) 31,891 Net assets 34,084 31,528 Funds of the ch2rity: Unrestricted income funds Unrestricted fuJ]ds 34,084 31,528 Total funds 16 34.084 31,528 For the financial year ending 31 March 2025 the charity was entitled to ¢xemplion from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities: The members have not required the charity to obtsin an audit of its accounts for the year in question in accordance with section 476. and The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accouiitiiig records and the preparation of accounts. The financial statements on pages 9 to 19 were approved by the trustees, and authorised for issue on 18 December 2025 and signed on their behalf by.. Moira McLain Company Secretary and Trustee Mr Ar¢hibald Roleslon Trustee The notes on pages 12 to 19 forni an integral part of these financial staiements. Pagell
South and East Tyrone Welfare Support Notes to the Financial Statements for the Year Ended 31 March 2025 I Charity stgtus The charity is limited by guarantee, incorporated in . and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceediiig £Nil towards ihe assets of the charity in the event of liquidalion. The address of its registered office is: 51 Main Street Moygashel Dungannon Co Tyrone BT717QU These financial Statements were authorised for issue by the truslees on 18 December 2025. 2 Accounting policies Summary of significgnt 8ccounting polieies ¥nd key accounting estimates The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. Statement of compliance The financial statements have been prepared in accordance with A¢¢ounting and Reporting by Charities- Statemenl of Recommended Practice {applicable to charities preparing their a¢counts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republi¢ of Ir¢land (FRS 102) and the Companies Act 2006. Basis of preparation South and East Tyrone Welfare Support meets the definition of a public benefil entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. Going eoneern The trustees coiisider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carying value of assets held by the charity. Income and endowments All income is recognised once the charity lias entitlement lo the income, it is probable that the income will be received and the amount of the income receivable Can be measured reliably. Page 12
South and East Tyrone Welfare Support Notes to the Financial Statements for the Year Ended 31 March 2025 Donqtions and legaci4$ Donations are recotsnised when the charity has been notified in Mriting of both th¢ amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to th¢ funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilnient of those conditions is wholly within the control of th¢ charity and it is probable that these conditions will be fi]Ifilled in the reporting period. Deferred income Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when- The donor specifies that the grant or donation must only be used in future accounting periods,. or The donor has imposed ¢onditions which must be mel before the charity has uncondilional entitlement. Gift aid Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate. Expenditure All expenditure is recognised once there is a legal or construetive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated lo the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis cons15lent with the use of resour¢e5, Ivlth central staff costs allocated on the basis of time spent, and depreciarion charges allo¢at¢d on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Raisingfunds These are ¢ost5 incurred in attracting voluntary income, Ihe management of investments and those incurred in trading activities that raise funds. Governance costs These include the costs attributable to the charity's compliance with constitiitional and statutory requirements. including audit, strategic management and trustees tr]eeting5 and reimbursed expenses. Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Ad 201 O and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital (Fains received ivithin categories covered by Chapter J Part I I of the Corporation Tax Act ?0 l O or Section 256 of the Taxation of Charueabl¢ Gains Act 1992, to the ex¢ent that such income or gains are applied exclusively to charitable purposes. Tangible fjxed assets Individual fixed assets costing £150.00 or more are initially recorded at cost. less any subsequent accumulated depreciation and Subsequent accumulated impairnient losse5. Page 13
South and East Tyrone Welfare Support Notes to the Financial Statements for the Year Ended 31 March 2025 Deprecigtion and amortisation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation. less any estimated residual value, over their expected useful economic life as follows= Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-tem highly liquid investments that are readily convertible to a known amount of cash and are subject lo an insignificant risk of change in value. Fund structure Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the eharity. 3 Income from donations and legacies Unrestricted funds General Total funds Donations 2nd letkacies. Donations from individuals Other income from donations and legacies Total for 2025 70,466 8,484 70,466 8.484 78,950 78,950 Total for 2024 87,156 87,156 4 Expenditure on charitable activities UJ)restricted funds Genergl Total funds Note Governance costs 4,512 4,512 Total for 2024 4,609 4,609 Total expenditure In addition to the expenditure analysed above, there are also governance ¢0sls of £4,512 {2024 - £4,609) which relate directly to charitable activities. See note 5 for further details. Page 14
South and East Tyrone Welfare Support Notes to the Financial Statements for the Year Ended 31 March 2025 5 Analysis of governance and support costs Governance costs Unrestricted funds Gener¥] Total funds Independent examiner fees Examination of the financial statements Depreciation, amortisation and other similar costs 780 780 Total for 2025 4,)12 4,512 Total for 2024 4,609 4,609 6 Net incomingloutgoing resources Net incoming resources for the year include: 2025 2024 Depreciation of fixed assets i,729 7 Trustees remuneration and ¢xpenses 8 Staff costs The aggregate payroll ¢osts were as follows.. 2025 2024 Staff tosts during the year were: Wages and salaries Pension costs 22,244 480 21,961 547 22,724 22,508 No employee received emoluments of more than £60.000 during the year. Page 15
South and East Tyrone Welfare Support Notes to the Financial Statements for the Year Ended 31 March 2025 9 Independent examiner's remuneration 2025 2024 Examination of the financial statements 780 880 10 Taxation The charity is a registered charity and is therefore exempt from taxation. Page 16
South and East Tyrone Welfare Support Notes to the Financial Statements for the Year Ended 31 March 2025 I l Tangible fixed assets Furniture and equiprnent Total Cost At l April 2024 26,853 26,853 At 31 March 2025 26.85) Depreciation At l April 2024 Charge for the year 20,928 3,73? 20,928 At 31 March 2025 24,660 24,660 Net book value At J l March ?025 2,193 At 31 March 2024 5,925 5,925 12 Debtors 2025 2024 Prepayments 79 61 13 Cash and cash equivalents 2025 2024 Cash at bank 14 Creditors: amounts falling due within one year 2025 2024 Other taxation and social security Other Creditors Accruals Deferred income 353 8,080 780 1,706 446 780 10,919 12,944 Page 17
South and East Tyrone Welfare Support Notes to the Financial Statements for the Year Ended 31 March 2025 15 Pension And other schemes Defined contribution pension scheme The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £Nil {2024- £Nil). 16 Funds Balance at I April 2024 Incoming resources Resources expended Balance at 31 March 2025 Unrestricted funds General 31,528 82.564 {80,008) Balanee gt I April 2023 Incoming resources Resourees expended Balance at 31 March 2024 Unrestrieted funds General 90,770 {82,778) 31,528 17 Analysis of net assets between funds Unrestricted funds General Total funds gt 31 March 2025 Tangible fixed assets Current assets Current liabilities 2.193 42,810 (10,919) 2,193 42,810 (10,919) Total net a55ets 34,084 Unrestricted funds General Total funds al 31 March 2024 Tangible fixed assets Current assets Curren¢ liabilities 5,925 5.925 38.547 112,944) (12.944) Total net assets 31,528 31,528 Page 18
South and East Tyrone Welfare Support Notes to the Financial Statements for the Year Ended 31 March 2025 18 Analysis of net funds At l April 2024 Financing cash flows At 31 March 2025 Cash at bank and in hand 38.486 4,245 Nei debt 4,245 Finsncing cash At 31 March flows 2024 At l April 2023 Cash at bank and in hand 24,108 38,486 Net debt 24.108 14,378 19 Related party transactions There were no related party trdnsartions for the year ended 31 st March 2024 Page 19