Registration number N1048698 Special Educational Needs Advice Centre Company limited by guarantee Annual report and financial stAtements for the year ended 31 March 2023
Special Educational Needs Advice Centre Company limited by guarantee Contents Page Directors report Auditors, report Statemcnt of Financial Activities Balance sheet 10 Notes to the financial statements
Special Educational Needs Advice Centre Company limited by guarantee Directors Report for the year ended 31 March 2023 The Directors present their report with the audited fLnancial statements for the year ended 31 March 2023. The accounts have been prepared in accordance with the accounting policies set out in note I to the accounts and comply with thc charÉty's Memorandum and Articles of Association. the Companies Act 2006 and 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 published in October 2019. Reference and Administrative Information Charity Name.. Special Educational Needs Advice Centre Charity RegÉstration number: NIC 101355 Company Registration number: N1048698 Registered Office". Graham Hous¢, Knockbracken Health Park, Belfast, B T8 8BH Business Address: Graham House, Knockbrackcn H¢alth Park, Belfast, B T8 8BH Directors Richard Finlay Chair Susan McBride Treasurer Mark Mccusker (Appointed 12th May 2023) Aisleagh Mcconnell (Resigned 12th May 2023) Tom Godfrey (Appointcd 15th May 2023) Bctty Donnelly Roisin O'Hare (Appointed 12th May 2023) Stephcn Keery (Resigned I lth January 2023) Emma Murphy (Appointed 25th August 2023) Secretary Aisleagh Mcconnell (Resigned 12th May 2023) Audltors Mccreery Turkington Stockman LTD, l Lanyon Quay, Belfast, B TI 3LG Bankers Ulster Bank Ltd, 365-369 0rn]eau Road, Belfast, BT7 3GP Page I
Special Educational Needs Advice Centre Company limited by guarantee Directors Report for the year ended 31 March 2023 Governing Document SENAC is a company limited by guarantee. Its conduct is governed by its memorandum and articles of association. Risk management The trustees have a duty to identity and review the risks to which the charity is exposed and to ensure approprÉate controls are in place to provide reasonable assurance against fraud and error. Objectives, Activities, Achievements and Performance Main Aim To assist children and young people with special educational needs to access the educational provision required to meet their needs. Main Activities include: A confidcntial t¢l¢phone advice lin¢ s¢rvice providing independent advice and infom]atkon on the statutory framework of special educational needs provision in Northern Iieland. An individual advocacy service for a child in respect of the provision offcrcd. A community support and infonnation service that provides front line delivery of Ènfonnation to parcnts and relevant groups on special educational needs provision and pathways to accessing effective education advice and support. Assistance for parents in all mattcrs relating to special educational nccds provision. Provision of support. materials and rcsources on all aspects of special educational needs provision. A Tribunal Support and Representation Scrvice for families appealing to the Special Educational Needs and Disability Tribunal. Maintain awareness of the policy and practices in Telation to special educatÉon throughout Northcrn Ireland and develop strategÉes to respond to issues which havc been identified. Page 2
Special Educational Needs Advice Centre Company limited by guarantee Direetors Report for the year ended 31 March 2023 Achievements and Performance SENAC has supported over 900 children and young people and their parentslcarers, assisting access to education provÉsion for the children's special educational needs including, for example, appropriate school placement secured, improved statements of special educational needs with individually tailored support specified, access to individual therapies and appropriate assessment of needs initiated. Financial Review SENAC is a company limited by guarantee and a charity registered with the Charity Commission for Northern Ireland. There is no profit motive and the organisatlon is entirely dependent on fundcrs, fundraising activities and voluntary donations. SENAC Director's in accordance with SENAC'S Articles of Association and Statutory requirements ensure that the financial management of the organisation is maintained and delivered responsibly. The Management Committee ensures sound financial systems ar¢ maintaincd to enable SENAC to develop and deliver its core service objectives. This financial year our charitable work was supported by '. -The NatRonal Lottery Community Fund -Thc LFT Charitable Trust -Halifax Foundation for Northern Ireland -Garfield Weston Foundation -social Justice Fund -Dormant Accounts Fund Nl -Department of Health Carers Support Fund -community for Juslice Fund -Nationwide Community Fund -co-op Community Fund The main fundtng objective remains raising reserve and unrcstrictcd funding through the development of a robust ndraising strategy and continuc to develop applications for longer tem] fundlng to secure and develop exksting services. Reserves Policy The directors, aim to hold 3 months of operating income to ensure the financial stability and Continued provision of the company's main activities. Future Plans To sustain existing projects and services. Page 3
Special Educational Needs Advice Centre Company Ilmited by guarantee Directors Report for the year ended 31 March 2023 Statement of Directors, Responsibilities Thc directors are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the directoi's to prepare financial statements for each year, which give a te and fair view of the state of affaÉrs of the cbaritable company and of the incoming resources, including the income and expeTkditure, of the charitable company for the year. In preparÈng those financial statements the directors are required to: select suitable accounting poEicies and apply them consistently. observe the methods and principles in the Charities SORP., make judgments and estimates that are reasonable and prud¢n( state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements. prepare thc fmancial statements on the going concern basis unless it is appropriate to presume that the charitable wmpany will continue in op¢ratÉon. Th¢ dAr¢Gtors are responsible for keeping prop¢r accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also spOnSible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Auditors A resokution proposing that Mccreery Turkington Stockman LTD be reappointed as auditors of the charity WIIE be put to the Annual Gen¢ral Meeting. Each of the trustees has conf1]ed that there is no inforniation of which they are aware which is relevant to the audiL but of which the auditor is unaware. Thcy have further confimed that they have taken appropriate steps to identify such Televant infonnatlon and to establish that the auditor is aware of such inforniation. This report was approved by the Board on 10th October 2023 Susan MCB ' Director .. Page 4
Special Educational Needs Advice Centre Company limited by guarantee Independent auditors, report to the members of Special Educational Needs Advice Centre We have audited the financial statements of Special Educational Needs Advice Centre for the year ended 31 March 2023 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.The financial reporting framewoi'k that has been applied in their preparation is applicable law and United Kingdom A¢¢ounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the accounts: - give a true and fair view of the state of the charitable company's affairs as at 31 March 2023 and of its incoming resources and application of resources, for the Year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those StanddS e rther described in the Auditogs responsibilitics for the audit of the financial statements section of our report. Wc are independent of the charity in accordance with the ethical requirements that are Iclevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordancc with these requirements. Wc believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Independence We remained independent of the group and association in aGcoi"dance with the ethical requirements that are relevant to our audit of the financial stateinents in the UK, which includes the FRC'S Ethical Standard and we have fulfilled our othcr ethical responsibilities in accordancc with these requirements. Conclusions relating to going concern The tNstees have prepared the financial statemcnts on the going concern basis as they do not intend to liquidate the Company or to cease their operations. They hav¢ also concluded that there are no material uncertainties that could have cast significant doubt over their ability to continue as a going concern for at least a year from the date of approval of thc financial statements ("the going concern period"). In our evaluation of the trustee's conclusions, we considered the tnh¢rent risks to the Company's business model and analysed how those risks might affect the Company's financial resources or ability to continue operations over the going concern period. In auditing the financial statements, we have concludcd that the trustee, use of the going concern basis of accounting in the preparation of thc financial statements 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 the Company's ability to continue as a going concern for a period of at least twelve months from the date when the financial statements are authorised for issue. However, as we cannot predict all future events or conditions and as subsequent events may result in outcomes that are inconsistent with judgements that were reasonable at the time they were made, the absence of reference to a material uncertainty in this auditor's report is not a guarantee that the Company will continu¢ in operation. Page 5
Special Educational Needs Advice Centre Company limAted by guarantee Our responsibllities and the responsibilities of the directors with respect to going concem are described in the relevant sections of this report. Other information The other infomation comprises the information included in the annual report, other than the accounts and our auditor's report thereon. The trustecs are responsible for the other inforniation. Our opinion on the accounts does not cover the other information and we do not express any foiin of assurance conclusion thereon. In connection with our audit of the accounts, our responsibility is to read the other inforniation and, in doing so, wnsider whether the other infonnation is materially inconsistent with the accounts or OUT knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconskstencies or apparent material misstatements, we are required to deterniine whether there is a material misstatement in the accounts or a material mlsstatement of the other infomiation. If, based on the work we have performed, we conclude that there is a material misstateTn¢nt of this other infonnation. we are required to report that fact. We have nothing to report in this regard. Matters on which Ive are required to report by exception We hav¢ nothing to report in respect of the following matt¢rs in relation to which tbe Companies Act 2006 requiie us to report to you if, in our opinion" the inforn]ation given in thc financial statements is inconsistent in any material respect with the committee, report; or sufficieTht accounting records have not been kept. or the fanCIal statements are not in agreement with the accounting rccords. or we havc not received alK the infom]ation and explanations we require for our audit. Responsibilities of trustees As explained more fully in the Statement of trustees, Responsibilities, the trustees, who are also the directors of th¢ charity for the purpose of company law, arc responsible for the preparation of the accounts and for being satisfied that they give a true and fair view, and for such internal control as the committee d¢tern]ine is necessary to enable the preparation of accounts that are free from material misstatement, whether duc to fraud or error. In preparing the accounts, the trustees are responsible for assessing the charity's ability to contknue as a going concern, disclosing, as applicable, matters related to gotng concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations. or have no realistic alternative but to do so. Auditor's responsibillties for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the accounts as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's 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 eor and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these accounts. Page 6
Special Educational Needs Advice Centre Company limited by guarantee Extent to which the audit was capable of detecting irregularities, including fraud Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design Procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: We gained an understating of the l¢gal and the regulatory framework applicable to the company and the industry in which it operates and considered the risk of acts by the company which were contrary to applicable laws and regulations, including fraud. These included but were not limited to compliance with United Kingdom Generally Acceptcd Accounting Practice (United Kingdom Accounting Standards, comprising FRS 102 The Financial R¢porting Standard applicable in the UK and Republic of Ireland" and applicable law) We focused on laws and regulations that Could give rise to material mtsstatement in the financial statements. Our tests included but were not limited to.. agreement of the fmancial statement disclosures to underlying supporting documentation; enquiries of management" review of mAnutes of board meetings throughout the period. and considering the ¢ff¢ctiven¢ss of the control environment and monitoring compliance with laws and regulations. We also communicated relevant identified laws and regulations potential fraud risk to aEI cngagement team members and renmined alert to any indications of frnud or non-compliance with laws and regulations throughout the audit. There are inherent limitations in the audit procedures described above and th¢ further removed non-compliance with laws and regulatkons is from events and transaction reflected in the financial statements, the Icss likely we would become aware of it. As in all of our audits we addresscd the risk of management oveffide of intemal controls, including testing journals and evaluating whethcr there was evidence of bias by the directors that represented a risk of material misstatement due to fraud. Our audit procedures were designed to respond to risks of mat¢rial misstatement in the financial statcments, iecognising that the risk of not detecttng a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misreprcsentations or through collusion. There are inherent limitations in the audit proccdures p¢rforn]ed and the further removed non-compliancc with laws and regulations is from the ev¢nt5 and transactions reflected in th¢ financial statements, the less likely we are to become aware of it. A further description of our responsibilities for the audit of the accounts is located on the Financial Reporting Council's website at.. http".Ilwww.frc.org.uklaudRtorsresponsibilities. This description forn]s part of our auditor's report. Page 7
Special Educational Needs Advice Centre Company limited by guarantee 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 state to the charitable company's members those matters we are required to state to them in an auditors, report and for no other purpose. To the lIeSt extent pern]itted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company, s members as a body, for our audkt work, for this report, or for the opinions we have formed. Richard Meclay FCA (Senior Statutory Auditor) For and on behalf of Mccreery Turkington Stockman LTD l Lanyon Quay BELFAST BTI 3LG Chartered Accountants 10th October 2023 Page 8
Special Educational Needs Advice Centre Company limited by guarantee Statement of Financial Activities (Including Summary Income and Expenditure Account) for the year ended 31 March 2023 Unrestricted Restricted Funds Funds Year Total Year Total 2023 2023 2023 2022 Incoming Resources Income resourcesfi'om generatedfunds.. Voluntary income: Incoming resourcesfrom charitable activities Notes 3,213 3,213 7,047 103,785 103,785 98,666 Total incoming resources 3,213 103,785 106.998 105,713 Resources expended Costs of generating funds: Costs of charitable activities (2,046) (118,047) (120,093) (126,048) Total resources expended (2,046) (118,047} (120,093) (126,048) Net income before transfers 1,167 (14.262) (13,095) (20,335) Transfer between funds Net incoming resources 1,167 (14,262) (13,095) (20,335) Fund balances brought forward 24,818 120,460 145,278 165,613 Fund balances carried forward 25,985 106,198 132,183 145,278 AIE of the above results are derived from continuing activities.All gains and losses recognised in the year are included above. The notes on page5 11 to 19 form an integral part of these financial statements. Page 9
Special Educational Needs Advice Centre Company limited by guarantee Balance sheet as at 31 March 2023 2023 2022 Notes Fixed assets Intangible assets Tangible assets 446 1,613 557 2,016 2,059 2,573 Current assets Debtors Cash at bank and in hand 10 2,462 131,432 147,095 133,894 147,095 Credltors: amounts falling due within one year (3,770) (4,390) Net current assets 130,124 142,705 Net assets 132,183 145,278 Capital and reserves Unr¢stricted funds Restricted funds li li 25,985 106.198 24,818 120,460 General funds 132,183 145,278 Thc financial statements were appn)ved by the Board on l O October 2023 and signed and approved for issue on its behalf by Susan McBride Director The notes on pages 11 to 19 form an Integral part of these financi21 statements. Page 10
Special Educational Needs Advice Centre Company limited by guarantee Notes to the financial statements for the year ended 31 March 2023 Accounting policies Company information Special Educational Needs Advice Centre is a Company limited by guarantee, registered in Northern Ireland. The address of the registered office is Graham House, Knockbracken Health Park, Belfast, B T8 8BH. Accounting convention The accounts have been prepared In accordance with the charit)Hs Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charitics: 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 published in October 2019" The charity is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to thc nearest £. 1.2. Resources expended All expenditure is accounted for on an acclS basis. Expenditure is recognised wh¢r¢ there is a legal or constructiv¢ obEigdtion to make payments to third parties, it is probable that the settlement will be required, and the amount of thc obligation can be measured reliably. Incoming resources Income is recogniscd when the charity is legally entitled to it after any perfomiance conditions have becn mct. the amounts can be rneasured reliably. and it is probable that income will be received. Cash donations are recogniscd on r¢ceipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions r¢quir¢ deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the tim¢ of the donation. Legacies are recogniscd on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If th¢ amount is not known, the legacy is treated as a contingent asset. Investment income is recognised once the income and been declared and notified to bank accounts. 1.4. Tangible rued assets and depreciation Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected use1 life, as follows: Fixtures and fittings 20Q/o reducing balance Page 11
Special Educational Needs Advice Centre Company limited by guarantee Notes to the financial statements for the year ended 31 March 2023 continued 1.5. Cash at bank and in hand Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-terni liquid investments with Original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.6. Financial Instruments The charity has elected to apply the provÉsions of Section I I 'Basic Financial Instruments. and Section 12 '0ther FinanciaE Instruments Issues, of FRS 102 to all of its fmancial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to th¢ contractual provisions of the instrument. Financial assets and liabilities ar¢ offset, with the net amounts pr¢seThted in the financial statements, when there is a legally enforceable right to set off the r¢cognised amounts and there is an infrntion to settle on a net basis or to realkse the asset and settle the liability simultancously. Basic financial assets Basic financial assets, whicli includc debtors and cash and bank balanccs, are initially measured at transaction price inckuding transaction Costs and are subsequently carried at amortised cost using thc effective interest method unless the arrangement constitutes a financing transaction. where the transaction is measured at the present value of the future recetpts discounted at a market rate of interest. Financial asscts classificd as reccivablc within one year are not amortised. Basic financial liabilities Basic financial liabilitics, including creditors and bank loans arc initially recognised at transaction price unless the arrang¢m¢nt constitutes a financing transaction, where the debt instrument is measured at the present value of th¢ future payments discounted at a market rate of interest. Financial liabilities lassified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade cr¢ditors are obligations to pay for goods or servKces that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as CULT¢nt liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors arc iecognised initially at transaction price and subsequently measured at amortised cost using th¢ effective interest method. Page 12
Special Educational Needs Advice Centre Company limited by guarantee Notes to the financial statements for the year ended 31 March 2023 continued 1.7. Equity instruments Income recognition Equlty instruments issued by the Company arc recorded at the proceeds received, net of direct issue costs. Dividends payable on equlty instruments are r¢cognAsed as liabilities once they are no longer at the discretion of the Company. 1.8. Provisions Provisions are cOgnISed when the Company has a legal or constructive pr¢s¢nt obligation as a result of a past event, it is probable that the Company will be required to s¢ttle that obligation and a reliable estimat¢ can be made of the amount of the obligation. The amount recognised as a Provision is the best estimate of the ¢onsideratkon required to scttke the present obligation at th¢ reporting end date, taking into account th¢ Tisks and uncertainties surrounding the obligation. Where the effect of th¢ time value of money is material, the amount expected to be required to settle the obligation is recognised at present vakue. When a provision in measured at present value th¢ unwinding of the discount is rccognised as a finance cost in profit and loss in thc period it arises. 1.9. Government grants Government grants are recognised at the fair value of th¢ asset received or receivable when there is reasonable assurance that the grant conditions WIEI be met and the grants will be ¥ec¢iv¢d. A grant thal specifies perfornianG¢ conditions is rccognised in income when the perfomiance conditions are met. Where a grant does not specify performance conditions it is recognised in income when th¢ proceeds are rcceived or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability. 1.10. Employee benefits The costs of short-tenn employee ben¢fEts ar¢ r¢cognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee's servic¢s are received. Tennination benefits are recognised immediately as an expense when the company is demonstrably ommitted to terniinate the employment of an employee or to provide tennination benefits. Page 13
Special Educational Needs Advice Centre Company limited by guarantee Notes to the financial statements for the year ended 31 March 2023 continued Net fincoming resources for the year 2023 2022 Net incoming resources is stated after charging.. Depreciation and other amounts written off tangible assets Auditors, remuneration 514 2,016 642 1,920 Employees Year ended 2023 Number Year ended 2022 Number Number of employees The average monthly numbers of employees (including the Directors) during the ycai w¢r¢- Administrative staff Year ended 2023 Year ended 2022 Employment costs Wages and salaries and ER Nic 91,818 95,302 There were no employees earning over £60,000 in the year endcd 31 March 2023. 4. Incoming Resources Unrestricted Restricted Total 2023 2023 2023 Total 2022 Voluntary income Donations and fund raising 3,213 3,213 3,213 3,213 Page 14
Special Educational Needs Advice Centre Company limited by guarantee Notes to the financial statements for the year ended 31 March 2023 . continued Total 2023 Total 2022 S. Total resources expended Costs directly allocated to charitable activities Salaries & pensions Rent Insurance Light and heat Postage and stationery Advertising Telephone Computer expenses Travel Book-keeping costs & consultancy Bank fees and intercst General expenses Subscriptions 91,818 5,335 2,212 2,563 253 184 4.595 4,531 95 4,492 153 718 614 95,302 4,093 2,354 3,021 957 1,412 3,759 3,178 112 7,234 182 1,463 419 117,563 123,486 Governance Costs Audit fees 2,016 1,920 Depreciation Dcpreciation on intangiblcs, fixtures and computcrs 514 642 120,093 126,048 Analysis by fund Restricted fiJtRds Unrestricted funds 118,047 2,046 120,093 For the year ended 31 March 2022 R¢stricted ndS Unrestricted funds 122.630 3,418 126.048 Page 15
Special Educational Needs Advice Centre Company limited by guarantee Notes to the financial statements for the year ended 31 Marth 2023 continued Taxation No liability to UK corporation tax arises on ordinary activities for the year. The Company is a registered charity . Creditors: amounts falling due wRthin one year 2023 2022 Trade credktors Other taxes and social security costs Accruals 866 1,604 1,920 1,850 1,920 3,770 4,390 Intangible red assets Website Total Cost At l April 2022 5,461 5,461 At 31 March 2023 5,461 5,461 Provision for diminution in value At l April 2022 Charge for year 4,904 l E I 4,904 At 31 March 2023 5,015 5,015 Net book values At 31 March 2023 446 446 At 31 March 2022 557 557 Page 16
Special Educational Needs Advice Centre Company limited by guarantee Notes to the financial statements for the year ended 31 March 2023 continued Fixtures, fittings and equipment Tangible fixed assets Total Cost At l April 2022 13,591 13,591 At 31 March 2023 13,591 13,591 Depreciation At l April 2022 Charge for the year 11,575 403 11,575 403 At 31 March 2023 11,978 11,978 Net book values At 31 March 2023 1,613 1.613 At 31 March 2022 2,016 2,016 10. Debtors 2023 2022 Prcpayments 2,462 Page 17
Special Educational Needs Advice Centre Company limited by guarantee Notes to the financial statements for the year ended 31 March 2023 continued 11. Statement of funds Balance Incoming Outgoing Balance l April 2022 Resources Resources Transfers 31 March 2023 Unrestrficted Funds General fund Designated fund 22,245 2,573 3,213 (1,532) (514) 23,926 2,059 24,818 3,213 (2,046) 25,985 Restricted funds National Lottery Children In Need Dom)ant Fund Social Justice Fund LFT Charitable Trust Carers Support Fund Halifax Garfield Weston Foundation Community For Justice Nationwide Community Foundation 54,337 380 61,416 (67,083) (380) (2,188) 48,670 6,673 5,000 8,000 10,000 500 4,485 5,000 4,904 10,000 500 14,792 17,847 (3,096) 5,774 31,029 25,515 3,425 (5,774) (16,237) (19,864) (3.425) 12,196 120.460 103,785 118,047 106,198 145,278 106,998 (120,093) 132,183 The unrestricted reserve represents the frec funds of the chaTity which are not designated for particular purposes. The designated fund represents the net book value of tangible and intangible assets. and has been designated by th¢ trustees to reflect the fact that these funds are not in a liquid forni and so are not expendable funds. The restricted ndS represent grants received by the charity for specific purposes as laid out in the temis of the grant, and the application of thos¢ lld8 for those purposes. Page 18
Special Educational Needs Advice Centre Company limited by guarantee Notes to the financial statements for the year ended 31 March 2023 continued 12. Analyis of net assets behveen funds Net current Assetsl (Liabilities) Tangible fixed Assets Total Unrestricted Funds General fijnd 2,059 23,926 25,985 2,059 23,926 25,985 Restricted funds National Lottery Donnant Fund Social Juctice Fund LFT Charitable Trust Carers Support Fund Halifax GarfEeld Weston Foundation Community For Justice 48.670 4,485 5,000 4,904 10,000 500 14,792 17,847 48,670 4,485 5,000 4,904 10,000 500 14,792 17,847 106,198 106,198 2,059 130,124 132,183 13. Company limited by guarantee The Special Educational Needs Advice Centrc is a company limited by guarantee and the liability of the metnbers is limited to a maximum of £1 for each metnber. Page 19
Special Educational Needs Advice Centre Company limited by gurdrantee The following page does not form part of the statutory accounts.
Special Educational Needs Advice Centre Company limited by guarantee Detailed trading profit and loss account and expenses schedule for the year ended 31 Marcb 2023 2023 2022 Income Voluntary income Income from charitable activities 3,213 103,785 7,047 98,666 106,998 105,713 Administrative expenses Wages and pension costs Rent and room hire Insurance Light and heat Printing, postage and stationery Advertising Tclephone Computer expenses Travelling Consultsncy fees Book-keeping costs Audit Bank charges General expenses Subscriptions Depreciation 91,818 5,335 2,212 2,563 253 184 4,595 4,531 95 2,160 2,332 2.016 153 718 614 514 95.302 4,093 2,354 3,021 957 1,412 3.759 3,178 112 4,800 2,434 1,920 182 1,463 419 642 120,093 126,048 Surplusl (Deficit) on yearlperiod (13,095) (20,335)