ids. Company Registration No. N1072616 INorthern Ireland) chartered accountants STARS AUTISM PROJECT ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 IDS Chartered Accountants LLP 23125 Queen Street COLERAINE Co Londonderry BT52 1BG STARS AUTISM PROJECT ids. chartered occountants CONTENTS Page Legal and administrative information Trustees. report Independent examiner's report Statement of financial activits'es 8alance sheet Notes to the financial statements 7-10 STARS AUTISM PROJECT ids. chartered occountants LEGAL AND ADMINISTRATIVE INFORMATION Trustees P Cranny Dr S Gribben C McKay T Molloy Charlty number NIC101279 Company number N1072616 Registered office 137 Moneydig Road K LREA Co Londondery BT51 SXB Independent examiner IDS Chartered Accountants LLP 23125 Queen Street COLERAINE Co Londonderry BT52 1 BG Bankers Bank of Ireland 11 Market Slreet MAGHERAFELT Co Londonderry BT45 6EE STARS AUTISM PROJECT ids. chartered accountonts TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MAY2023 The trustees present their annual report and financial statements for the year ended 31 May 2023. The financial statements have been prepared in accordan￿ wtlh the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum of Association, the Companies Act 2006 and 'Accounting and Reporting by Charities.. Statement of Recommended Pra¢lice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102}. (as amended for accounting periods commencing from 1 January 2016). Oblectlves and activities To advance in Ilfe and help children who have a diagnosis of Autistic Spectrum Di50rder (ASD), or are in the process of being assessed for such a diagnosis, by.. a. Providing support and aclivilies which develop their skills. capacities and capabilities to enable them to participate in society., b. Providing parent training in Applied Behavioural Analysis to aid their understanding of the traits of Autism, and provide skills lo support them in addressing the behavioural challenges common in children with autism, c. Providing training workshops on specific issues. advocacy and general support for parents ol children affected by ASD- d. Providing short breaks for families affected by ASD, including recreational opportunities to aid integration and social inclusion during out of school hours and school holidays. The operations of STARS Autism Project and its governance have been in line with the statutory guidance from the Commission. Achlevements and performance The charity continued ta provide its primary ServI￿S d￿Ing the year, in line with ils public benefit statement. These were.. Provision of Saturday Club events Provision of Summer scheme Fundraising and donations Flnanclal review The charity had no income in the year from fees or for its activities or donations. and had costs of £3,695. The charity continues to h8ve a reserves al the year end and has no funds in deficit. It is the policy of the charity that unrestricted funds which have not been designated for a specrfic use should be maintained at a level equivalent to between three and six month's expenditure. The trustees considers that reserves at thi5 level will ensure that, in the event of a significant drop in funding, they will be able lo continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. STARS activities are due to resume in the second quarter of 2024 using the faci5ities in the Marian Hall which is due to reopen at the end of May 2024 under a new management structure. The trustees have assessed the major risks to which the charity is exposed. and are satisfied that systems are in place to mitigate exposure to the rnajor risks. STARS AUTISM PROJECT ids. chartered accountants TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MAY 2023 Structure, governance and management STARS Autism Project is constituted as a company limited by guarantee and not having a share capital. It is governed by a Memorandum ofAssociation which has been submitted to the Charities Commission for Northern Ireland and was registered in 2018 under that Memorandum ofA5sociation. The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the dale of signature of the financial statements were- P Cranny Dr S Gribben C McKay T Molloy There is no external body with the power to appoint trustees or directors of the charity. None of the trustees have any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up. etru es, report was approved by the Board of Trustees. P Cranny Trustee Dated. 18 April 2024 STARS AUTISM PROJECT ids. chartered accountants INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STARS AUTISM PROJECT I report to the trustees on my examination of the financial statements of STARS Autism Project (the charity} for the year ended 31 May 2023. Responslbllltles and basis of report As the charity trustees (and also the directors of the company for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requiremenls of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law, and is eligible for Independent examination, it is my responsibility to.. examine the accounts under section 65 of the Charities Act (Northem Ireland) 2008- follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65{9){b) of the Charities Acl., and slate whether particular matters have come to my attention. Ind&pendent examlner's statement I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(91{b) of the Charities Act. The examination induded a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. That accounting records were not kept in arLordance with section 386 ofthe Companies Act 2006., or That the accounts do mt accord with those accounting records or That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing th￿r accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland., or That there is further information needed for a proper understanding of the accounts to be reached. I have completed my examination and have no concems in respect of the matters (11 to141 listed above and, in connection with followng the Directions of the Charity Commission for Northern Ireland, I have found no mallers that require drawing to your attention. LJCLLI Alison Wallace IDS Chartered Accountants LLP 23125 Queen Street COLERAINE Co Londonderry BT52 1 BG Dated.. 18 April 2024 STARS AUTISM PROJECT ids. chartered accountants BALANCE SHEET AS AT31 MAY2023 2023 2022 Notes Current assets Debtors Cash at bank and in hand 3,695 4,328 3,695 4,328 Creditors: amounts falllng due withln one year 3.057 3,057 Net current assets 638 1.271 The funds of the charfty Unrestricted funds 638 1,271 638 1,271 The company is entided to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ervjed 31 May 2023. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial Stat￿entS have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. ncial slatem•)ts were approved by the trustees on 18 April 2024 P Cranny Trustee Company registration number N1072616 (Northem Ireland) STARS AUTISM PROJECT ids. chartered accountants NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MA Y2023 Accounting pollcies Charity Information STARS Autism Project is a private company limited by guarantee incorporated in Northern Ireland. The registered office is 137 Moneydig Road, KILREA. Co Londonderry. BT515XB. 1.1 Accounting convention The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021. The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for chartties applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial slalements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Golng concern At the time of approving the financial statements. the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustee5 in furtherance of their charitable objectives. Restricted funds are subject to specific condib'ons by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial Statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. 1.4 Incomlng resources Income is recognised when the charity is legally entitled to il after any performance conditions have been Tnet, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donalions are recognised once the charity has been notified of the donation, unless perforrnance conditions require deferral of the amount. Income tax recoverable in relation to donations received under GiftAid or deeds of covenanl is recognised at the time of the donation. 1.5 Resources expended Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity lo that expenditure, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. All expenditure is accounted for on a payments basis. 1.6 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. STARS AUTISM PROJECT ids. chartered accountants NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY2023 Accountlng policies (Continued) 1.7 Financial instruments The charity has elected lo apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the chaflty's balance sheet when the charity becomes party to the contraclual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to sel off the recognised amounts and there is an intention lo settle on a net basis or to realse the asset and settle the liability simultaneously. 8aslc financial assets Basic financial assets, which include debtors and cash and bank balances. are initially measured at transaction price including transaction costs and are subsequently carried at amortlsed cost using the effective interest methcl unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financi￿ liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instrumenls are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-currenl liabilities. Trade creditors are recognised initially at transaction pri￿ and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the ¢harty'S colliraclual obligations expire or are discharged or cancelled. 1.8 Taxatlon No provision is required for taxation as the company is defined as a charity for taxation purposes. Crltlcal accountlng estlmates and Judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimate5. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects (nly that period, or in the period of the revision and future periods where the revision affects both current and future periods. STARS AUTISM PROJECT ids. chartered accountants NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY2023 Charltable activltles 2023 2022 Insurances Website & intemet costs Bank charges 395 216 51 54 25 80 662 Share of governance costs (see note 4) 553 553 633 1,215 Support costs allocated to actlvlties 2023 2022 Govemance costs 553 553 Analysed between: Accountancy 553 553 Trustees None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. Employees 2023 Number 2022 Number Total There were no amployees whose annual remuneration was more than £60,000. Remuneration of key management personnel The remuneration of key management personnel is as follows. Debtors 2023 2022 Amounts falllng due wlthln one year: other debtors 3,695 STARS AUTISM PROJECT ids. chartered accountants NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MA Y 2023 Loans and overdrafts 2023 2022 Dlrectors, loans 1,951 1,951 Payable within one year 1,951 1,951 Credllors: amounts falllng due wlthln one year 2023 2022 Borrowings Accruals and deferred income 1,951 1,106 1,951 1,106 3,057 3,057 10 Unrestrlcted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as lo how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 June 2022 Resources expended At 31 May 2023 General funds 1,271 (633) 638 Previous year: At 1 June 2021 Resources expended At 31 May 2022 General funds 2,486 11,215) 1,271 11 Related party transactlons There were no disclosable related paty transactions during the year (2022 - none). 10-